Management Corporations can now sue developers – what are the implications?
There have been rapid developments in the judicial determination of housing laws in Malaysia in recent years.
There have been rapid developments in the judicial determination of housing laws in Malaysia in recent years.
More than 70% or about three in four corporate occupiers and investors stated that insufficient technological infrastructure is a major barrier in achieving their decarbonisation goals, according to JLL Asia-Pacific (APAC)’s report titled “Sustainable Real Estate: From Ambitions to Actions”.
PETALING JAYA: With the pandemic still raging, the newly-minted chairman of the Malaysian Real Estate Investment Trust (M-REIT) Managers Association (MRMA) Datuk Hisham Othman (pictured) is already hitting the ground running, having taken over the position from immediate past chairman Datuk Jeffrey Ng on June 17.
KUALA LUMPUR (June 18): The Malaysian REIT Managers Association (MRMA) has named Hektar Asset Management Sdn Bhd CEO Datuk Hisham Othman (pictured) as its chairman in an annual general meeting on June 17.
PUTRAJAYA (June 1): Facility and property management sector has now been approved to operate during the full movement control order (FMCO) period, said the Housing and Local Government Ministry (KPKT).
PETALING JAYA (May 31): Six property related associations in Malaysia have sent a joint memo to the National Security Council (MKN) and International Trade and Industry Ministry (MITI) to request for the property and facility management service as one of the essential sectors under Full Movement Control Order (FMCO).
After staying in your condominium for many years, you decide to contribute your expertise to the Management Corporation (MC) and volunteer to be a part of the committee.
KUALA LUMPUR (May 20): UOA Real Estate Investment Trust's (UOA REIT) net rental income for the first quarter ended March 31, 2021 (1QFY21) surged 60% to RM22.
PETALING JAYA (May 5): A resident at Kota Damansara flats was fined RM5,500 for threatening and assaulting a management committee member when being requested to park his car properly, reported FMT.
KUALA LUMPUR (April 30): KLCCP Stapled Group, which comprises KLCC Property Holdings Bhd and KLCC REIT Management Sdn Bhd, has appointed Md Shah Mahmood as its new chief executive officer effective May 1, 2021.