Fashionable developer no more...
The industry is also being regulated through higher compliance on housing developers, raising the entry barrier for aspiring developers.
The 4Ws and 1H in financing your home purchase
Where to get financing? What to look for in financing? Who should borrow? Which type of financing? How to select your financial package?
Why strata owners need to attend general meetings
There is a clear lack of awareness and understanding on the part of homebuyers in relation to strata living which, consequently, leads to several common misconceptions.
Strata living, a work in progress
IT’S been a year since the Strata Management Act 2013 (SMA) was implemented in our country. As we should know by now, strata is a form of property ownership and development format that caters for the subdivision of buildings and land to ensure higher density and better efficiency in land utilisation. In simpler words, strata living is a form of community living where it embraces the idea of “love thy neighbours” instead of “my home is my kingdom” by holding several households or different entities under one roof.
Charges and payables by strata building owners
Service charges are a monthly pain to many, especially those who live in strata buildings be they condominiums, serviced apartments, small office home offices (SOHOs) or others. With many other people living under the same development, common areas and facilities like gardens, gyms and pools that are not part of the owner’s own parcel are maintained by the building management in their various stages of composition from the Developer to the Joint Management Body and, ultimately, to the Management Corporation (MC).
