Property management: Ask the experts — Expenses and renovations

Q: Does a unit holder (a resident of a condominium) have the right to view the accounts and the invoices of expenses incurred for the property anytime or can the unit holder only see the audited accounts during the AGM? Paragraph 7(6)(b) Second Schedule of the Strata Management Act 2013 states that a purchaser/proprietor may make a request to the Management Committee to inspect the books of accounts at a fee not exceeding RM50 for each inspection.

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Confidence returning

The market has been in a prolonged slowdown for several years now but there has been no significant drop in property prices.

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