“If you have multiple phases, there are still some issues and grey areas that need to be addressed … We’re seriously looking into it with the government now, hoping that [the old act will be] overhauled to address these issues, especially those concerning strata management,” Tan said.
Director-general Datuk Jayaselan K Navaratnam said one of the key changes will be to clearly separate the responsibilities between the Strata Titles Act 1985 (Act 318) and the Strata Management Act 2013 (Act 757), with the former focused on ownership and the latter on building management.
“The proposed acquisitions are expected to enable the group to achieve elevated strategic synergistic benefits in complementary business focus and enhanced geographical track record.
During the suspension period, executive deputy chairman Datuk Paduka Ammar Shaikh Mahmood Naim will assume full authority over the company's operational and managerial matters, KUALA LUMPUR (April 8): HHRG Bhd (KL:HHRG) said it had suspended its chief executive officer Fong Chee Khuen for two weeks, pending the outcome of an internal probe.
“If 100 sq ft is built first as an increment, but in the future, the goal is to have 80-sq m (861 sq ft) houses, 80 sq m of land must be allocated today.
“As a result of the blacklisting, these developers will be ineligible to apply for new licences until they have settled their outstanding fines.
While acknowledging the need to address the long-standing landfill issue, residents argue that the developer’s plan to reclaim a large portion of coastline for recycling machinery is unnecessary and contradicts established scientific practices.
Unlike the conventional cross-subsidy model to provide affordable housing, where private developers and free-market house buyers are always on the “losing side”, a fairer resource allocation can be achieved through the “Madani Credits” system.
E Trend Realty achieved a total commission payout of RM45 million, representing a 45% year-on-year increase in 2024.
Mont’Kiara SOVO unit with rental yield above 5% sold | DONE DEAL 3 plots of industrial land in Melaka sold in one deal | DONE DEAL Between 2020 to 2024, Westside III at Desa ParkCity saw a transaction volume of 96 listings sold, with a transaction value of RM131 million.
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