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Strata Management Tribunal
A proprietor can make a claim with the Strata Management Tribunal (SMT) under Section 107 of the Strata Management Act 2013 (SMA). The SMT can hear claims up to a limit of RM250, 000. The subject matter jurisdiction of the SMT is provided for under Section 105(1) of the SMA 2013, Fourth Schedule Part 1. According…
Read MoreRight Time To Sell
Identifying the right time to sell one’s property is quite a difficult task. A series of factors need to be taken into account when deciding on whether to sell a property or to hold on to it. Potential home sellers can certainly be in pole positon ahead of the rest by arming themselves with the…
Read MoreSeeking The Right Property Match
“Home is where the heart is,” proclaims television personality and Emcee Lynn Lim Pei Ying. Also an entrepreneur with her own Le Sucre Studio restaurant located in the mature township of Taman Tun Dr. Ismail in Kuala Lumpur, Lim managed to secure her first property in Taipei, Taiwan in 2002. The opportunity to be independent…
Read MorePlanning for Your First Property Purchase
Good things don’t come easy and no one agrees to this statement more than KT Microhandling Sdn Bhd General Manager Chong Kok Siong who worked extra hours, followed a shoe-string budget and strict financial plan just to buy his first property. Looking back, this savvy investor who has accumulated three properties under his name which…
Read MoreMOBIKE – The World’s First Smart Bike Share Company
Mobike, the world’s first and largest smart bike-sharing company, today announced it is launching its dockless bike-sharing service in Shah Alam to provide convenient, affordable and sustainable mobility solution to the city’s residents. Malaysia is the third country in the Southeast Asian region to welcome Mobike’s operations, after the company announced the start of services in…
Read MoreIOI Properties Group Q4 Revenue Rose 34%
IOI Properties Group Berhad (“IOIPG”), recorded a revenue of RM1,195.3 million for Q4 2017 which is RM303.6 million or 34% higher than the preceding year corresponding quarter. After excluding fair value gain on investment properties of RM48.8 million, the Group’s operating profit for the current quarter is RM486.4 million which is RM158.6 million or 48%…
Read More“SPNB Dana & M N C Wireless Sign MoU to form Equity Joint Venture and appointment of Digital Technology Solutions Partner”
Kuala Lumpur, August 28, 2017 – SPNB Dana SB (“SPNB Dana”), financing arm of Syarikat Perumahan Negara Bhd (“SPNB”) and M N C Wireless Bhd (“MNC Wireless”), a digital technology solutions specialist, signed a Memorandum of Understanding (“MoU”) here today. Under the terms of the MoU, an Equity Joint Venture company will be formed to…
Read MoreSetia Alam’s New Jewel ‘Rimba Villa’ By S P Setia Shines Bright
SETIA ALAM : If solitude and bliss in a lush landscape of verdant forestry are your idea of the perfect abode, then look no further as S P Setia presents Rimba Villa located in its flagship township Setia Alam’s exclusive forested enclave. Over 300 invited guests were given a glimpse of the much-awaited project today…
Read MoreKip-ing It Passionate
Success agrees with Valerie Ong, Director of KIP Group of Companies. Behind her cover girl looks and charming disposition, she works hard at juggling her many business platforms including property, food and beverage (F&B), hospitality and fashion. Loving every aspect of real estate, Valerie belongs in the crème de la crème league of Generation Y…
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