KUALA LUMPUR (Oct 14): Joint management bodies (JMBs) and management corporations (MCs) of strata residential buildings should consider extending their annual audit process to include building safety.
Recent news of service and maintenance fee defaulters having their belongings seized or auctioned off should be a wake-up call to stubborn defaulters.
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.
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.
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.
PETALING JAYA (Aug 29): Property buyers of a multi-phase development need to be aware of whether the property they purchased is built on a subdivided land.
(July 22): Two ex-real estate executives who were involved in Felda Investment Corporation's (FIC) purchase of the four-star Kensington Hotel in London have been arrested by the Malaysian Anti-Corruption Commission (MACC).
SINGAPORE (May 11): Hatten Land, the property development arm of Malaysian conglomerate Hatten Group, reversed to a loss of RM74.
KELANA JAYA: The most crucial factor in securing a housing loan with the desired financing margin is to have a high debt service ratio, according to Malayan Banking Bhd (Maybank) head of consumer finance Abdul Razak Mohd Nordin.
KUALA LUMPUR (April 4): Loss-making Progressive Impact Corporation Bhd (Picorp) is disposing of a commercial villa in Saudi Arabia for 4.
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