WCE says RM481m cash call oversubscribed
As of the closing date of the fund raising exercise on Nov 11, the company received total valid acceptances and excess applications for 2.391 billion RCPS with 597.668 million warrants.
AISB acquires land near MRT station for RM31m
The group said the property is located within an area with mixed commercial and residential development and it is 15km from Kuala Lumpur.
'Hasten review of Strata Management Act 2013'
Strata-titled property development is fast growing, and amendments to the Strata Management Act 2013 are required to keep strata-living running smoothly for all stakeholders.
KPKT: More time, more study needed before SMA amendment
The process to amend an act is time consuming as the authorities are required to conduct public engagements to gather supporting data and evidence before getting approval from the Attorney General to table the amendment in Parliament.
Econpile bags RM26m sub-structure job in KL
The group's wholly-owned unit Econpile (M) Sdn Bhd was awarded the contract by WCT OUG Development Sdn Bhd, Econpile said in a filing to Bursa Malaysia.
Amendment to Strata Management Act: Why so slow?
Why would an amendment to the SMA take a long time?
TEMU to take City of Elmina to new heights
“The City of Elmina is at a very exciting juncture of its development. With the fully mature Denai Alam and Bukit Subang and new residents moving in rapidly at the new residential precincts of Elmina Valley and Elmina Gardens, there are strong growth prospects for commercial investors moving forward.”
No one formula fits all in maintenance charges calculation
The recent decision by the Court of Appeal on a flat rate maintenance fee has stoked debate among stakeholders, some for and some against.
PHOTO GALLERY: EdgeProp.my Fireside Chat on Strata Management Act 2013 review: When?
Industry stakeholders who made up the panel included the president of the Building Association of Malaysia (BMAM) Tan Sri Teo Chiang Kok, president of the Real Estate & Housing Developers’ Association (Rehda) Malaysia Datuk Soam Heng Choon, president of the Malaysian Institute of Property & Facility Managers (MIPFM) Adzman Shah Mohd Ariffin and founder and managing partner of Chur Associates, Chris Tan.
90% of new strata property still under JMB due to delay in strata title issuance
“Strata titles are issued by the respective state’s PTG (Land and Mines Office). So, if the state government (is slow) and the e-Tanah (the electronic land administration system) doesn’t work in that state, nothing will come out.”
