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PETALING JAYA (May 15): Matrix Concepts Holdings Bhd today signed a Memorandum of Understanding (MoU) to jointly undertake the development of an Islamic financial district in Pantai Indah Kapuk 2 (PIK 2) Sedayu Indo City, Jakarta, Indonesia.

PETALING JAYA (May 14): Property consultancy Savills Malaysia expects housing prices to firm up in 2019, with real estate developers only able to increase supply by early 2020, following renewed confidence in the market from the new government’s promise of clean and fair governance.

KUALA LUMPUR (May 12): The key to strata living is how well the property is managed because the condition of the building will significantly determine the value of your investment, said EdgeProp.

KUALA LUMPUR (May 12): There is no one set of guidelines that suits all kinds of property management, so property owners and residents need to stay alert and keep learning more about property management to ensure their property are in good hands.

KUALA LUMPUR (May 12): With more people living in communal developments, issues and disputes are also increasing, thus bringing a lot of headaches to stakeholders of the sector, particularly homeowners.

KUALA LUMPUR (May 12): Before deciding to purchase a property with fancy landscaping, one should consider future landscape maintenance and upkeep, said Praxcis Design Sdn Bhd director Low Chee Leong.

KUALA LUMPUR (May 12): It is important to take responsibility of the strata residence that you live in and be prepared to be a management committee (MC) member to serve the community conscientiously, honestly and impartially, said Sri Penaga management corporation chairman Khaw Chay Tee at EdgeProp.

Amidst the rise of vertical urban living, many find themselves being overwhelmed by the development of concrete jungles in cities around the world.

Sri Penaga Condominium in Bangsar by Bandar Raya Developments Bhd (now BRDB Developments Sdn Bhd) was completed in June 1995.

One major challenge in managing strata residences is the lack of understanding of its residents about strata living.