LFE’s wholly owned unit to take over main building works of Damansara project from 51%-owned Cosmo
The entire contract was originally valued at RM90 million and awarded to Cosmo in November 2021.
Bank claiming RM239m from Bintai Kinden over loan default
It was obtained in 2018 in accordance with a concession arrangement of 25 years, with Bintai Kinden as the corporate guarantor.
Strata living: Tackling defects in common property before JMB formation
Upon inspection though, two of our readers found, to their dismay, much to be desired in their newly handed-over properties.
LFE to undertake private placement to fund construction firm buy
CPMSB has contributed substantially to the group’s revenue for the financial year ended Dec 31, 2021, but the group was only able to recognise profit after tax from CPMSB up to the extent of its equity interest in the firm, despite the recognition of 100% of the firm’s revenue.
COB harus lebih proaktif dalam menyelesaikan masalah bangunan strata, terutamanya ketirisan – Ng Sze Han
Pihak yang terlibat dalam pengurusan bangunan bertingkat seperti badan pengurusan seharusnya mempunyai pengetahuan yang secukupnya bagi menjalankan peranan masing-masing.
Good property management starts from design planning, and buyers know it
Lendlease has engaged HBMK from early on to study how its development can be built to ease property management well into the future.
SRC International settles suit with Putrade Property Management
This is the second settlement recorded by SRC International and its subsidiaries this month, out of 16 suits filed by them.
Pushing strata management to the next level
In line with the global urban migration trends, 90% of Malaysia’s population is expected to be living in cities by 2050.
JLL: Lack of technology and data a barrier to real estate sustainability
More than 70% or about three in four corporate occupiers and investors stated that insufficient technological infrastructure is a major barrier in achieving their decarbonisation goals, according to JLL Asia-Pacific (APAC)’s report titled “Sustainable Real Estate: From Ambitions to Actions”.
MITI processing code for property management to operate during FMCO
PUTRAJAYA (June 1): Facility and property management sector has now been approved to operate during the full movement control order (FMCO) period, said the Housing and Local Government Ministry (KPKT).
