PETALING JAYA (Oct 5): Developers who are not able to deliver their residential projects on time may request for an extension of an additional 12 months from the original 36 months, provided no sale and purchase agreement has been signed, said Minister of Urban Wellbeing, Housing and Local Government Tan Sri Noh Omar.
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.
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.
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.
KUALA LUMPUR (Aug 17): Despite the grouses of property developers having difficulties in getting financing for their development projects, Malayan Banking Bhd (Maybank) said it is open to financing property projects provided they are feasible.
PETALING JAYA (Aug 4): When it comes to strata living, one of the perpetual issues plaguing property managements is the maintenance fee or service fee collection.
KUALA LUMPUR (Aug 4): There is never an oversupply of shopping malls, said Persatuan Pengurusan Kompleks (PPK) Malaysia adviser Richard Chan, an opinion that differs from the general belief.
PETALING JAYA (Aug 4): Developers are finding it difficult to comply with the requirement under the country’s stata management laws, such as the Strata Management Act 2013 (SMA), to submit the number of share units in a development when submitting their strata plans to the authorities.
Once you buy a strata property, the value of your property is unwittingly bound to the overall management of the whole development.
Mei (not her real name) had never given a second thought to her apartment block’s appearance until a visit from a Singaporean friend.
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