MRCB bags RM204.7 mil worth of infrastructure jobs
KUALA LUMPUR (Sept 20): Malaysian Resources Corp Bhd (MRCB) announced it had secured two infrastructure construction jobs for a total contract sum of RM204.
Rehda survey: Only 31% of developers launched new projects in 1H17
PETALING JAYA (Sept 20): The Real Estate and Housing Developers' Association Malaysia (Rehda) recent survey showed that only 31% of respondents had new launches in the first half of the year, representing a 12% drop from 2H16.
EcoFirst slapped with IRB lawsuit over disputed additional tax
KUALA LUMPUR (Sept 19): EcoFirst Consolidated Bhd said it has been sued by the Inland Revenue Board (IRB), on behalf of the government, over some RM35.
SunCon on track to meet its order book targets
Sunway Construction Group Bhd (Sept 15, RM2.
Get approval from property management body for Airbnb tenants, says MC chairman
KUALA LUMPUR (Sept 16): While there is no regulation on short-term tenants such as Airbnb, Endah Promenade management corporation (MC) chairman Siew Yee Hoong advised operators to get approval from their property’s management body.
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.
Never leave your strata title in third party's hands, says lawyer
KUALA LUMPUR (Sept 16): Getting their property’s strata title might incur extra cost for owners, but a legal practitioner has advocated that property buyers not to wait too long to secure their strata title.
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.
Don’t take strata by-laws lightly, urges prop management firm head
KUALA LUMPUR (Sept 16): Burgess Rawson Malaysia managing director Wong Kok Soo has urged owners and tenants of stratified development not to take the strata by-laws lightly as they may be breaking the law by doing so.
