What is the ideal pandemic-proof home?
PETALING JAYA (May 22): Since the Covid-19 outbreak and the Movement Control Order, many of us could be thinking of creating a pandemic-proof home.
Covid-19: Stricter SOPs needed for short term rentals
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.
JMBs and MCs advised to comply with SOPs during pandemic
PETALING JAYA (May 22): Joint Management Bodies (JMB) and Management Corporations (MC) should not use the current Covid-19 pandemic as an excuse for not performing their duties.
Not OK to waive maintenance fees in light of Covid-19
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.
Tadmax expands landbank via 70% stake buy in property outfit
KUALA LUMPUR (May 21): As part of its landbank expansion, Tadmax Resources Bhd is buying a 70% stake in a firm which is in the process of acquiring a strategically located piece of land in Cheras.
Sime Darby open to selling E&O stake, says CEO
KUALA LUMPUR (May 21): Sime Darby Bhd said it is willing to part with its stake in Eastern and Oriental Bhd (E&O) if it can secure the right price.
Sime Darby Prop 1Q profit down on lower property development income, higher finance costs
KUALA LUMPUR (May 21): Sime Darby Property Bhd’s net profit for the first quarter ended March 31, 2020 (1QFY20) plunged 95% to RM14.
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JMBs will need to comply with flat rate maintenance fee ruling
PETALING JAYA (May 21): In light of the Federal Court's decision today to dismiss an application to appeal a Court of Appeal (COA) ruling on flat rate maintenance charge for mixed strata developments, the Malaysia Institute of Property and Facility Managers (MIPFM) president Adzman Shah Mohd Ariffin has advised Joint Management Bodies (JMBs) of such developments that are charging different maintenance rates for different parcels, to comply with the ruling.
Rehda Malaysia marks 50th anniversary today
PETALING JAYA (May 21): The Real Estate and Housing Developers’ Association (Rehda) Malaysia celebrates its 50th anniversary today, signifying half a century of property development representation.
Shahrol says he can't comment on whether Najib was involved in PSOSL deal
KUALA LUMPUR (May 21): Former 1MDB CEO Datuk Shahrol Azral Ibrahim Halmi told the High Court today that he could not comment on whether former prime minister Datuk Seri Najib Abdul Razak was involved in the dealings between the troubled fund and PetroSaudi International Ltd (PSI).
