What are Sub-MCs and why we need them

  In a strata development, the term common property (CP) is, shall we say, common? According to the Strata Management Handbook by the Real Estate and Housing Developers’ Association’s (REHDA) Institute, common property refers to the development area that is not included in any parcel or accessory parcel and is capable of being used or enjoyed by two or more strata unit owners.

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Management bodies and how they function

  Strata management issues run the gamut of community living, from the sharing of common property, to pooling of financial resources for the maintenance of the subdivided building and common property, to getting volunteers to be part of the management team.

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ECRL to proceed, cost reduced by RM21.5 bil

KUALA LUMPUR (April 12): Malaysia Rail Link Sdn Bhd (MRL) and China Communications Construction Co Ltd (CCCC) have signed a supplementary agreement pursuant to the East Coast Rail Link (ECRL) project, which will proceed at a lower cost of RM44 billion compared with its original cost of RM65.

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