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Surplus funds: Unneeded monies in the maintenance account of strata title buildings
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Contributed by property valuer Mary Lau heartofproperty@gmail.com In my first article, I wrote about protecting the sinking fund based on one of our motions brought forth to the Annual General Meeting (AGM) of one of my condominiums in Kuala Lumpur last year. Another motion that we tried to put into effect was on surplus funds….

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Repurpose old shopping centres for new uses
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Contributed by Henry Butcher Retail managing director Tan Hai Hsin Since 2016, there has been great concern of oversupply of retail space and failed shopping centres in Malaysia. In the United States and China, many of these deteriorated retail complexes (or commonly known as dead malls) remain empty for a long period of time. In…

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IQI Global collaborates with Common Ground to offer co-working space
A ground breaking collaboration: IQI Realty Sdn Bhd group CEO Kashif Ansari (two from left) and Common Ground Work Sdn Bhd head of operations Ru Sow during the signing ceremony yesterday.  

PETALING JAYA: Global real estate agency IQI Global is partnering with Common Ground Works Sdn Bhd, Malaysia’s largest leading co-working space, to market the communal workspaces. The signing ceremony between IQI Global group CEO Kashif Ansari and Common Ground Work Sdn Bhd head of operations Ru Sow took place in Common Ground, TTDI yesterday. “At IQI, our…

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Unity Realty targets RM5bil GDV for 2019
Unity Realty Sdn Bhd Unity Realty Sdn Bhd founder and chief executive officer Datuk Cat Chee (middle) and the team during the 7th Annual dinner.  

PETALING JAYA: Unity Realty Sdn Bhd recently organised its 7th Annual dinner at Genting International Convention Centre (GICC) to celebrate the company’s successful FY2018 and to appreciate the hard work and efforts of the agents over the years. In 2018, the company has sold 8,043 units valued at RM4bil gross development value (GDV), a 60%…

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LBS Bina Group aims to sustain RM1.5bil sales target in 2019
LBS to continue its focus on township developments and more affordable homes in 2019. LBS Bina Group Bhd group managing director Tan Sri Lim Hock San sharing the Group's direction for 2019.  

PETALING JAYA: LBS Bina Group will be maintaining its RM1.5bil sales target, despite the cautious market sentiment and a slower global economic growth in 2019. Recording RM1.5bil of sales last year, an increase from the RM1.4bil of sales in 2017, LBS is facing the fourth consecutive year of improved results with a strong 25% compounded…

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What are the duties and powers of the JMC?
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By Hakim Hassan hakim@thestar.com.my The Joint Management Committee (JMC) is an essential part of strata management to ensure that amenities are well kept for residents to enjoy. Under the Strata Management Act 2013, there are duties and also powers that are given to members of the JMC to run their operations smoothly. Below are some…

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Come home to Hyatt House
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Hyatt creates residentially inspired-extended stay brand, for all to enjoy in Mont’ Kiara Of late, the rise of online marketplaces which offer lodging options has influenced how businesses operate to accommodate the needs of their consumers better. However, at times these options could be below the satisfactory level for some while other offerings could prove…

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The times they are changing
Prime Minister Tun Dr. Mahathir Mohamad , DPM Datuk Seri Wan Azizah and  Finance Minister Lim Guan Eng arriving for table the Budget 2019  at Parliamennt 
AZHAR MAHFOF/The Star (2/11/2018)  

Contributed by AREA Management Sdn Bhd executive chairman Datuk Stewart Labrooy Come senators, congressmen, please heed the call Don’t stand in the doorway, don’t block up the hall For he that gets hurt will be he who has stalled The battle outside ragin’ Will soon shake your windows and rattle your walls For the times…

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USJ temple land ultimately belongs to Ayala Corp of Philippines, via MCT Bhd
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SUBANG JAYA: PETALING JAYA: The land on which the Sri Maha Mariamman Temple scuffle erupted ultimately belongs to the Philippines-based Ayala Corporation, via Malaysian company MCT Bhd. The developer at the centre of the saga, One City Development Sdn Bhd, is wholly-owned by Bursa Malaysia-listed MCT Bhd through MCT Consortium Bhd. MCT Bhd is 66.25%…

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Post Budget 2019: Opportunity to leverage on the competency of the private sector
Finance Minister Lim Guan Eng tabling the 2019 budget at Dewan Rakyat in parliament on Friday. Looking on are prime minister, Tun Mahathir Mohamed and deputy prime minister, Datuk Seri Dr Wan Azizah Wan Ismail. Azman Ghani / The Star  

By Aisyah Suwardi The Budget 2019 that was recently tabled by the Pakatan Harapan government has garnered mixed reactions amongst the public. Regardless, Damansara MP Tony Pua pointed out that the budget has shown that the government is taking the opportunity to collaborate with the private sector to deliver the nation’s economic growth. “In the…

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