News about strata

SEPANG (Dec 4): After two long decades, owners in Cluster 8, Taman Putra Perdana, Sepang are beginning to lose their patience over the non-issuance of individual titles for their properties.

HBA recognises the great diversity of mixed-use strata developments in Malaysia, with its many permutations of serviced apartments, medium-cost apartments, low- cost flats, office blocks, retail blocks, shopping mall, hotel, car parks and others.

  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.

    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).

  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.

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.

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.

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.

  PETALING JAYA (Nov 14): Developers and property managers who participated in the EdgeProp.

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.