Aged strata malls face uphill battle to upgrade
This article appeared in the Sept 10, 2026 issue of the monthly print edition.
This article appeared in the Sept 10, 2026 issue of the monthly print edition.
In Part 1, “Another property management law? Fix the gaps, don't duplicate the regulator”, the National House Buyers Association (HBA) examined whether the Housing and Local Government Ministry (KPKT)’s recent proposed new legislation for a Building Managers Act would address a genuine regulatory gap or risk duplicating existing frameworks under the Valuers, Appraisers, Estate Agents and Property Managers Act 1981 (Act 242) and the Strata Management Act 2013 (Act 757).
PETALING JAYA (Sept 17): The Selangor government has allocated up to RM20 million over 2025 and 2026 to resolve longstanding strata ownership issues, some of which Menteri Besar Datuk Seri Amirudin Shari (pictured) linked to developers’ failure to fulfil their responsibilities.
PETALING JAYA (Sept 17): MP Global Realty Sdn Bhd and EdgeProp Malaysia have signed a memorandum of understanding (MoU) aimed at promoting the use of property data, market intelligence and digital technology in Malaysia’s real estate sector.
PETALING JAYA (Sept 17): ALPHEX REALTY has formalised strategic collaborations with EdgeProp and Manjit Singh Sachdev Mohammad Radzi & Partners alongside its grand opening ceremony here, marking the establishment of the real estate platform built on Alpha Group’s experience since 2019.
KUALA LUMPUR (Sept 16): EdgeProp Malaysia’s third edition of the Realtors' Roundtable (RRT), which recognises top-performing property agents, has celebrated a growth of almost 70% with close to 200 members.
The Housing and Local Government Ministry (KPKT) recently mooted a Building Managers Act to introduce dedicated legislation on property or building management.
PETALING JAYA (Sept 10): The ongoing review of the Strata Management Act (SMA) 2013 is considering replacing the existing share-unit system used to determine maintenance charges and voting rights, as the government looks to address growing complexities in strata management.
PETALING JAYA (Sept 10): All stakeholders must play a role in reviving abandoned projects, including contributing financially.
PETALING JAYA (Sept 9): Setting a high selling price may lower a developer’s chance in getting financing approvals for its projects.