Developer must hand over accounts within three months after JMB is formed
KUALA LUMPUR (Sept 16): Developers are required to hand over the audited or unaudited financial accounts (service charges and sinking fund) within three months after the joint management body (JMB) is formed.
DBKL urges MC and JMB to seek other legal ways to catch stubborn fee dodgers
KUALA LUMPUR (Sept 16): The Kuala Lumpur City Hall (DBKL) Commissioner of Buildings (COB) has called for the management corporation (MC) and joint management body (JMB) to opt for other legal ways to address stubborn owners who refuse to pay their monthly service charges as it is more effective than the current option of confiscating their assets.
Owners may seek help from liquidators to apply for strata title
KUALA LUMPUR (Sept 16): Unfortunate high-rise residential property owners who can't form their management corporation and joint management body due to developer bankruptcy may contact the liquidator to help them apply for strata titles.
MIPPM to hold public forum on strata living this weekend
KUALA LUMPUR (Sept 14): The Malaysian Institute of Professional Property Managers (MIPPM) will be holding a free public forum titled “Strata Living in Harmony” this weekend at Sunway Putra Hotel.
Multi-phase development without subdividing land could be a big issue for property owners
PETALING JAYA (Aug 29): Property buyers of a multi-phase development need to be aware of whether the property they purchased is built on a subdivided land.
Charges and payables by strata building owners
SERVICE charges are a monthly pain to many, especially those who live in strata buildings be they condominiums, serviced apartments, small office home offices (SOHOs) or others.
Putting the plug on inter-floor leakages
AFTER a tiring work day, you settle down on your couch ready to catch your favourite football team in action.