US expands China forced-labour embargo, banning two new firms

Thai election agency to probe PM front runner Pita — Bangkok Post

Indonesia, Malaysia seeking solution concerning illegal workers

Commencement address by Sultan Nazrin at the Asia School of Business graduation ceremony for the MBA class of 2023

Govt to study ordered release of report on activist Amri Che Mat's disappearance

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Govt to expedite implementation progress of 453 projects in Kedah, says Saifuddin Nasution

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Empathy and cultural understanding crucial in a changing world, says Sultan Nazrin

Abdul Rasheed the right, most suitable candidate to lead BNM, says ex-governor

China stock bulls hit reset button after US$1.5 trillion rout

IRB takes a soft approach to widen the tax net

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World shares at 13-month peak as Wall St scales 2023 highs

Ex-UK PM Boris Johnson resigns as MP

Cautious sentiment ahead of Fed's FOMC meeting to weigh on ringgit

Govt to consider 'five seasons in two years' paddy cultivation initiative — PMO

PETALING JAYA (May 24): The Real Estate and Housing Developers' Association (Rehda) Malaysia has lost a mentor and a pillar of support following the passing of Datuk Teo Chiang Quan, Paramount Corp Bhd chairman and executive director, said Rehda president Datuk Soam Heng Choon (pictured).

The passing of Datuk Teo Chiang Quan: We have lost a great leader, says Rehda

A total of 75% of developers are seeing declining work efficiency due to the Covid-19 pandemic, thus impacting their construction progress of existing developments, a survey by Real Estate and Housing Developers Association Malaysia (Rehda) Malaysia showed.

Rehda survey: 75% of developers see construction progress affected due to Covid-19 and MCO

Permodalan Nasional Bhd (PNB) has sold Menara MIDF in Jalan Raja Chulan to Singapore-based JD Hospitality Sdn Bhd, The Edge Malaysia weekly reported in its latest issue.

Menara MIDF sold to Singapore-based group — sources

Developers should rethink their building strategies for high-rise strata properties especially in terms of density in relation to safety and disaster management issues.

"This is going to be their biggest challenge moving forward. The [COVID-19] pandemic may end with lifestyles returning to normal, but while we are concentrating only on the pandemic, that does not mean something else will not happen. How are we going to manage if other disasters happen?" asked Solaris Dutamas Management Corporation (MC) chairman Datuk Nabhesh Khanna during EdgeProp Malaysia's Virtual Fireside Chat entitled “Inside story: Managing high-end strata homes” on Facebook Live this evening.

Note to developers: Reconsider building strategies post pandemic

The Strata Management Act (SMA) should be reviewed to include the duties and responsibilities of strata building management committee members and chairman, urged Sri Penaga Condominium Management Corporation (MC) past chairman Khaw Chay Tee.

He said many people who become committee members of Joint Management Bodies or Management Corporations get on board not knowing what to do

SMA should define duties of JMB/MC committee members

Should there be a limit to a strata management committee's power especially with regards to the usage of the sinking fund?

Although existing laws do not impose legal limitations on a committee's powers, Solaris Dutamas Management Corporation (MC) chairman Datuk Nabhesh Khanna said a cap should perhaps be put on the usage of the sinking fund at any one time

Should there be a limit to an MC's use of the sinking fund?

The implementation of the Movement Control Order (MCO) to curb the spread of the COVID-19 pandemic from March 18 to May 4 had undeniably posed numerous challenges to Joint Management Bodies (JMBs) and Management Corporations (MCs) of strata properties.

The biggest challenge was to manage the residents' expectations during the lockdown period. Communication was crucial as many did not understand that the things that they used to do in normal days were being prohibited, said Sri Penaga Condominium MC past chairman Khaw Chay Tee.

MC chairmen: Making strata residents understand SOPs was the main challenge during lockdown

At a glance, the outside of a building may look fantastic. However, things may not be as rosy on the inside. And given the ongoing COVID-19 outbreak, we are spending more time indoors. How do we know if the building is ‘healthy’ or that our homes are safe?

According to Architect Centre Sdn Bhd accredited architect and trainer Anthony Lee Tee, a house could be your biggest single purchase - a dream purchase. “Most of the time, people tend to buy from the heart. We see parts [of the property] that we want to see, either beautiful landscaping or nice facilities. In fact, we could buy into a property where beauty is just skin deep but comes with many frivolous facilities,” shared Lee on EdgeProp Malaysia’s Virtual Fireside Chat titled "Stop! Are you destroying your property value?" on Facebook Live this evening. He also shared some insights obtained as a fellow judge on EdgeProp Malaysia’s Best Managed and Sustainable Awards over the years.

Ignore frivolous features when buying a property

Since the outbreak of COVID-19, one fundamental change for residential properties is that they have also become a workplace or the office to many people.

“As COVID-19 has forced more people to work or do business from home, residential properties have doubled up as commercial space, or even for industrial usage, depending on what you are doing, it could even be a warehouse,” offered Chur Associates founder and managing partner Chris Tan during EdgeProp Malaysia's Virtual Fireside Chat titled "Stop! Are you destroying your property value?" held this evening

Is your home still considered home following COVID-19?

Choosing a building that was designed for easy maintenance is one of the key attributes of building value in a property investment, according to the panel of experts featured on EdgeProp Malaysia's Virtual Fireside Chat titled “Stop! Are you destroying your property value?” held this evening.

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