AISB acquires land near MRT station for RM31m
KUALA LUMPUR (Nov 15): Amalgamated Industrial Steel Bhd (AISB) is acquiring five parcels of land near the under-construction Damansara Damai MRT station in Sungai Buloh for RM31 million.
'Hasten review of Strata Management Act 2013'
PETALING JAYA (Nov 14): The fast growing strata-titled property development trend in the country has highlighted the urgent need to effectively deal with issues and challenges arising from the evolution of strata-titled property ownership, strata-living as well as its upkeep and maintenance.
KPKT: More time, more study needed before SMA amendment
PETALING JAYA (Nov 14): There are a number of proposed amendments to the Strata Management Act 2013 (SMA) but “each proposed amendment needs more clarification and detailed study before they can be considered by the government”, said the Housing and Local Government Ministry (KPKT).
Amendment to Strata Management Act: Why so slow?
PETALING JAYA (Nov 14): One reason for the long process of getting the Strata Management Act 2013 amended is because it involves multiple ministries and government agencies.
No one formula fits all in maintenance charges calculation
PETALING JAYA (Nov 14): In a mixed strata development, the issue of maintenance fee calculation is always the most controversial as there’s no one size fits all solution.
PHOTO GALLERY: EdgeProp.my Fireside Chat on Strata Management Act 2013 review: When?
PETALING JAYA (Nov 14): Some 200 participants, consisting of property developers and property managers, turned up early on a Thursday morning to listen to what key industry stakeholders have to say on a review of the Strata Management Act 2013.
90% of new strata property still under JMB due to delay in strata title issuance
PETALING JAYA (Nov 14): It is estimated that 90% of new strata property in the country are still being managed by Joint Management Bodies (JMB) with only 10% having formed Management Corporations (MC) due to the delay in the issuance of strata titles.
Participants: Fireside Chat was insightful and timely
PETALING JAYA (Nov 14): Developers and property managers who participated in the EdgeProp.
Common sense approach to strata living problems
PETALING JAYA (Nov 14): The Strata Management Act 2013 acts as a guide in preventing and resolving problems, but what's really required in strata living is common sense, said Chur Associates founder and managing partner Chris Tan.
Najib's lawyers file application to defer 1MDB audit tampering trial
KUALA LUMPUR (Nov 14): Lawyers for Datuk Seri Najib Razak had yesterday filed a formal written application to the High Court to defer the 1Malaysia Development Bhd (1MDB) audit tampering trial, which will begin next Monday (Nov 18), so they could prepare the former premier's defence for the SRC International Sdn Bhd trial, which will start on Dec 3.
