PETALING JAYA (Nov 14): In a mixed strata development, the issue of maintenance fee calculation is always the most controversial as there’s no one size fits all solution.
PETALING JAYA (Nov 14): Some 200 participants, consisting of property developers and property managers, turned up early on a Thursday morning to listen to what key industry stakeholders have to say on a review of the Strata Management Act 2013.
PETALING JAYA (Nov 14): It is estimated that 90% of new strata property in the country are still being managed by Joint Management Bodies (JMB) with only 10% having formed Management Corporations (MC) due to the delay in the issuance of strata titles.
PETALING JAYA (Nov 8): The Real Estate & Housing Developers’ Association Malaysia (Rehda) has urged the government to amend the relevant Acts and Regulations to provide the Land and Mines Office (PTG) with the power to approve a comprehensive and more “equitable” formula and weightage factors to calculate share units for the different components of a mixed development.
MELAKA (Nov 5): There is no need for the state government to reduce the selling price threshold for foreign purchases of condominiums and apartments in Melaka from RM500,000 per unit to RM400,000 per unit, said Melaka Chief Minister Adly Zahari.
MELAKA (Nov 2): A total of 1,700 units of various types of homes worth RM713 million were sold through the Home Ownership Campaign (HOC) in Melaka from Jan 1 until Oct 31 this year, said chairman of the Real Estate and Housing Developers Association (Rehda), Datuk Seri Ngoh King Hua.
PETALING JAYA (Oct 30): The Selangor branch of Real Estate and Housing Developers’ Association (Rehda) is in favour of the state reducing the threshold price for foreigners buying high-rise properties, and is currently in discussions with the state government, according to its chairman Zulkifly Garib.
PETALING JAYA (Oct 24): Glomac Bhd, quiet in the past two years, recently created excitement in the Petaling Jaya property market when its Tower A launch of 121 Residences just last month sold like hotcakes.