News about Property Management

PETALING JAYA (April 27): Strata property owners who find themselves mired in problems related to strata living may seek the help of the Commissioner of Buildings (COB), Chur Associates founder and managing partner Chris Tan told the audience at the EdgeProp.

  PETALING JAYA (April 27): If you want to future proof the property that you own - probably the single largest investment that you have made, start by understanding the management and maintenance cost of the property, according to Architect Centre Sdn Bhd accredited architect and trainer Anthony Lee Tee.

PETALING JAYA (April 27): Are you a homebuyer who has been given the offer of free maintenance charges in your property development? The National House Buyers Association honorary secretary-general Datuk Chang Kim Loong says that most homebuyers may go weak in the knees when being offered such attractive deals, but warns that they have to beware of such sales pitches.

KUALA LUMPUR (Nov 9): A wholly-owned subsidiary of Caely Holdings Bhd has proposed to acquire three parcels of freehold land in Penang for RM30.

KUALA LUMPUR (Sept 27): There is a need to bring facility management and property management together to give the market a better understanding of the functions and roles of both fields as well as to raise their standards, said the Malaysian Institute of Property and Facility Managers (MIPFM) president Sarkunan Subramaniam.

  PETALING JAYA (Sept 10): Parking and traffic woes, potholes, stacks of garbage and pests are just some of the problems that are ticking off residents of Taman Lembah Maju 600 Apartment in Kuala Lumpur, reported The Star.

PETALING JAYA (Sept 6): Menara UOA Bangsar interim MC President Datuk Satharuban Sivasubramaniam has urged the management committees of other mixed developments owned by UOA Real Estate Investment Trust (UOA Reit) to take heed of the Menara UOA Bangsar case as he believes the fund has similar practices in managing its other properties as well.

PETALING JAYA (Aug 3): After the stink raised at the Kuala Lumpur High Court following a janitor strike, the Malaysian Institute of Property and Facilities Management (MIPFM) has urged building owners to only engage with registered property or facility managers to ensure that they have a means to take action against errant service providers.

KUALA LUMPUR (July 12): Malaysia Shopping Malls Association (PPK) committee member for research YL Lum foresees that the calculation of share unit weightage in strata-titled properties will be the next ‘time bomb’ in property management.

PETALING JAYA (July 3): Effective property management services create value for building  tenants and investors as they increase occupancy rates by encouraging lease renewals and tenant stability due to improved talent retention, according to a survey by international property consultancy CBRE.