1y ago
By Abdul Hamid A Rahman
This is the conclusion of a three-part series on maintenance fee collection in strata properties. It examines enforcement challenges under the Strata Management Act 2013 (Act 757), the role of JMBs and MCs and the responsibilities of owners and tenants.
1y ago
KUALA LUMPUR, March 12 (Bernama) -- The issue of unpaid maintenance fees is a snowballing crisis, that, if unaddressed, can escalate into a major threat to property value and living conditions.
1y ago
By Abdul Hamid A. Rahman
KUALA LUMPUR, March 11 (Bernama) -- Unpaid maintenance fees in strata developments have reached worrying levels, with arrears estimated in the hundreds of millions — and potentially billions, if unaddressed.
1y ago
By Mohd Ashraf Syafiq Mazlan
KAJANG, March 10 (Bernama) -- MTD Properties continues to strengthen its brand in the property industry with the launch of five new projects in Selangor and Melaka this year, which will benefit the community and boost local economic growth.
1y ago
KUALA LUMPUR, March 10 (Bernama) -- IOI Properties Group Bhd (IOIPG) is set to unveil Senna ExChange, the first commercial offering in its signature township of Senna Puteri in Salak Tinggi, Selangor.
1y ago
KUALA LUMPUR, March 6 (Bernama) -- Malaysia's partnership with United Kingdom-based Arm Holdings Plc (ARM) will help to elevate Malaysia into a high-value economy, igniting the front-end semiconductor ecosystem while fostering growth of local semiconductor firms over the long term.
1y ago
KUALA LUMPUR, March 6 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) shares rose at the mid-morning trading session after the company secured a RM1.5 billion contract for construction works related to the Rapid Transit System Transport Orientated Development (RTS TOD) project in Bukit Chagar, Johor.
1y ago
KUALA LUMPUR, March 6 (Bernama) -- Zeitview, the leader in visual artificial intelligence (AI) for critical infrastructure, has announced a capital raise of US$60 million led by Climate Investment, with participation from existing investors. (US$1=RM4.41)
1y ago
KUALA LUMPUR, March 5 (Bernama) -- Sunway Construction Group Bhd has secured a contract worth an estimated RM1.5 billion from Sunway Integrated Properties Sdn Bhd to undertake construction works related to Rapid Transit System Transport Oriented Development (RTS TOD) project in Bukit Chagar, Johor.
1y ago
KUALA LUMPUR, March 4 (Bernama) -- Paramount Corporation Bhd is targeting RM1.5 billion in property sales in 2025 against last year’s RM1.389 billion, supported by launches of RM1.4 billion gross development value (GDV) across eight projects.
1y ago
KUALA LUMPUR, March 3 (Bernama) -- WCT Holdings Bhd has received approval from the Securities Commission Malaysia (SC) to establish and list Paradigm Real Estate Investment Trust (Paradigm REIT) on the Main Market of Bursa Malaysia.
1y ago
SHAH ALAM, March 3 (Bernama) -- Yayasan Selangor has appointed Raja Nazirin Shah Raja Mohamad as its new chief executive officer (CEO), effective today.