Ignore frivolous features when buying a property
PETALING JAYA (July 9): At a glance, the outside of a building may look fantastic.
PETALING JAYA (July 9): At a glance, the outside of a building may look fantastic.
PETALING JAYA (July 9): Since the outbreak of Covid-19, one fundamental change for residential properties is that they have also become a workplace or the office to many people.
PETALING JAYA (July 9): Choosing a building that was designed for easy maintenance is one of the key attributes of building value in a property investment, according to the panel of experts featured on EdgeProp Malaysia's Virtual Fireside Chat titled “Stop! Are you destroying your property value?” held this evening.
PETALING JAYA (July 9): Looking to buy into a stratified property on the secondary market? Besides the usual questions such as the cost of maintenance and facilities, Chur Associates founder and managing partner Chris Tan added another crucial aspect that could help a prospective buyer decide whether the property is a good investment -- the project's Annual General Meeting (AGM) minutes.
The current downturn in the economy amid the Covid-19 outbreak has caused many new property launches to be delayed.
As Malaysia is now into the Conditional Movement Control Order (CMO) periodwhere the majority of the working population is allowed to return to their workplace, Architect Centre Sdn Bhd accredited architect and trainer Anthony Lee Tee is worried about the “invisible health threats” to office workers and occupants as no commercial buildings are designed to be shut down for months at a time.
The close to two-month Movement Control Order (MCO) to curb the spread of the Covid-19 outbreak which began on March 18 had forced every strata property owner and residents to have a newfound appreciation for effective property management and proper maintenance of the buildings they live in.
PETALING JAYA (May 22): The Movement Control Order (MCO) that was implemented from March 18 to May 3 meant non-essential businesses and services could not operate throughout the duration.
PETALING JAYA (May 22): More stringent Standard Operating Procedures (SOP)s for short term rental operations in strata buildings are needed to prevent the spread of diseases such as the Covid-19, said Henry Butcher Mont’ Kiara executive director Low Hon Keong.
PETALING JAYA (May 22): Many strata property owners may have sought waivers or discounts on maintenance fees since the Covid-19 outbreak and the ensuing Movement Control Order (MCO) period but such fee waivers and discounts are not viable as any adjustments in fee collection or sinking funds will need the approval of property owners via an AGM or EGM, said Chur Associates founder and managing partner Chris Tan.