Beware of over-enforcement
The move by the Kajang Municipal Council (MPKJ) to authorise the seizure of belongings of strata property maintenance fee defaulters of an apartment project and the subsequent auction of said chattels and movable properties has alerted the public about the severe consequences of failing to settle outstanding charges and contribution pursuant to the Strata Management Act, 2013 (SMA).
Colours and smiles at PPR Lembah Subang 1 refurbished sports courts
Yellow, red, white and blue — inspired by the colours of the Malaysian flag — the newly-refurbished multipurpose sports courts of PPR Lembah Subang 1 are giving its residents something to cheer about.
Budget 2020: A bold move to address property overhang, says Knight Frank
PETALING JAYA (Oct 12): Knight Frank Malaysia in a statement today said the federal government's Budget 2020 announcement is a bold move aimed at the overhang of condominiums and serviced apartments amounting to RM8.
More choices to take a nap at klia2
Ever wish to lie down when you are tired due to an odd time flight or waiting for a transit? Container Hotel Group (CHG), the operator of CapsuleTransit in Kuala Lumpur International Airport 2 (klia2), is mulling new additions to the airport to satisfy different demands.
Only one-third of unlicensed property managers registered with BOVAEP
PETALING JAYA: Almost a year after the end of a window period for those involved in property management to register themselves with the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP), only one-third of the unregistered property managers have registered.
Choosing a property manager
To have a well-managed and well-maintained property, one would need to have a team of people to run the day-to-day operations of managing the property to ensure that it is always at its optimum.
HBA: Do not neglect the hidden risks while encouraging homeownership
PETALING JAYA (Oct 11): The National House Buyers Association (HBA) has praised the government’s efforts in its proposed Budget 2020 to help homebuyers to own a property but at the same time urged the government to review certain measures that might pose hidden risks to the property market.
Impact of lowering foreign buying threshold depends on states
PETALING JAYA (October 11): While the move to bring down the buying threshold by foreign property purchasers would help spur interest from some foreign buyers, it is unclear how significant of an effect it will have, said Henry Butcher (M) Sdn Bhd chief operating officer Tang Chee Meng.
Don’t send the wrong message by helping dilapidated strata housing, says BMAM
PETALING JAYA (Oct 11): The government should be very careful in allocating funds to repair and refurbish low- and medium-cost strata housing as it could be sending the wrong message to the owners, warned the Building Managers Association of Malaysia (BMAM).