Question: How to deal with low attendance? Calling for AGM is impossible. Answer. Please check the register of parcel owners or strata roll, which containing the particulars of all parcel owners in the development area including the details of solicitor acting for the SPA [Section 30(1) and Section 72(1), SMA (Strata Management Act). More about…
Question: When to establish JMB? Answer: Establishment of JMB or Joint Management Body is not later than 12 months from the date of vacant possession according to Strata Management Act (SMA) 2013. You may want to download the copies of Strata Management Act 2013 Act 757 and their respective Federal Government Gazettes for your reference….
Question: What By-laws for parcel owners causing vandalism? Answer: Under Paragraph 20 in the Third Schedule (By-law) of SMR, the Management Body may without prior notice, remove or confiscate any property of a proprietor obstructed the common property. You may want to download the copies of Strata Management Act and their respective Federal Government Gazettes…
Inter Floor Leakage FAQ The Strata Management (Maintenance and Management) Regulations 2015 (“SMR”) recognizes the problems associated with inter floor leakage and provides for it systematically by laying out specific obligations, procedures and timelines for the relevant parties. Here are the most popular frequently asked questions. Conclusion In conclusion, inter floor leakage aren’t just a…
The Malaysian Valuation Standard 2019 (MVS Standard 7) explained about property valuation approaches and methods. The approaches to valuation used by a Valuer in any valuation are the means by which the Valuer arrives at an opinion of value after having ascertained and weighed all relevant facts (physical, legal, economic and others) pertaining to the…
Strata Management Tribunal or Tribunal Pengurusan Strata is under Ministry of Local Government Development or Kementerian Pembangunan Kerajaaan Tempatan, Malaysia. The Strata Management Tribunal (SMT) is the legally recognized body that handles any disputes related to strata management. Its jurisdiction was established under Section 107 of the Strata Management Act 2013 (SMA) but does not…
Conducting Business Valuation Exercise during Unprecedented Pandemic Times a Wise Move. Should companies conduct business valuations? Unprecedented pandemic will surely have an effect as to how companies perform and this will affect the value of companies. Businesses are very dynamic entities. The market environment has great bearing towards profit-oriented organizations. The unprecedented pandemic will surely…
Developer Handover to JMB FAQ Question: What is the timeframe of handover from developer to JMB? It should take into consideration the actual practical operations. For example, issuance of JMB (Joint Management Body) or MC (Management Corporation) certificate from authorities, opening of bank accounts, selection & appointment of property manager. Answer: It is a good…
Common Property Deposit for Defects Account FAQ. Question: It is unfair and unreasonable for developers to pay deposit for defects in the common property in addition to stakeholder sum held by solicitor which already cover the cost of repairing defects to the building & common areas. Answer: The retention sum held by the lawyer is…
FAQ about Arrears and Outstanding Fees Here are popular Arrears and Outstanding Fees Frequently Asked Questions that you may like to know. More about Strata Management Handover to JMBAGM / EGMInter floor LeakageBy-law and House RulesDeposit for DefectsStrata Management Tribunal
A Glossary of Strata property Management Terms If you’re a strata property owner or a property manager, building a deep understanding of property management terms is the key to going from novice to pro. To help you get started and provide you with a solid reference point, here’s a look at the most common property…
The calculation for late delivery payment to house buyers begins from the date the booking fee is paid. PUTRAJAYA: The calculation for late delivery payment to house buyers begins from the date the booking fee is paid, and not when the sale and purchase agreement (SPA) is signed, the Federal Court ruled today. (January 19,…
The property price hike may be inevitable in tandem with the volatility of raw building materials price, although some developers may opt to keep it down, for now. Property price hike inevitable?Inflationary pressure of upward cost also comes from the labour cost which is getting higher over the period. Firdaus & Associates Property Professionals founder…
MBPJ was the first local authority in Selangor and second in the country to have enforced the rule under Act 757. Petaling Jaya City Council (MBPJ) issued the compounds on Dec 15, 2020 to the individuals when the JMB failed to submit financial documents and audit reports to the Management Corporation (MC). Two former members…
Maintenance fee defaulters. Local authority in Malaysia pursue legal action using the Strata Management Act 2013. SUBANG Jaya Municipal Council (MPSJ) is the first local authority in Malaysia to pursue legal action using the Strata Management Act 2013 against maintenance fee defaulters. And there would be more to come (maintenance fee defaulters), vowed MPSJ deputy…
读者小玲和玉英来信说，我们居住的共管公寓已有10年时间，去年开始办理分层地契手续，今年中进行成立公寓管理委员会的筹备工作，在这之前，公寓的事务是由联合管理机构负责。
你是否知道，居住在分层产业中，管理费不应该再是“平方米计算法”、你的产业管理层委员会的任期只有2至3年、拖欠管理费的话可能会被带上仲裁庭？
当今隆雪地区寸土黄金，房屋部的屋业发展，人民的住宅多以高楼公寓形式出现，而后的日常维护和维持才是大学问。有鉴于此，政府推出了《2013年分层管理法令》，简称757法令，以保障业主的权益，公寓共管委员会的成立与运作，以及管理公司的职权、角色等，避免业主与管理的争议。