Choose the right leaders and prosper
Call it by whatever name — JMB, MC or Residents’ Association (RA) — they are all basically an association of property owners looking out for their best interest.
Call it by whatever name — JMB, MC or Residents’ Association (RA) — they are all basically an association of property owners looking out for their best interest.
What are the challenges faced in managing a strata building? How do we overcome these issues? What is the role of the management committee?
Flanked on one side by Mont’Kiara, and with the upscale creative mall Publika as its neighbour, Solaris Parq is the latest freehold mixed development by UEM Sunrise Bhd in Dutamas.
JLL Malaysia country head YY Lau: Most of us have adapted to working from home leveraging on JLL technologies, but most of our employees still find the lack of human interactions and other challenges such as distractions from their family members and work facilities.
The ‘new normal’ has certainly affected demand for office spaces and the often asked question today is: Will office spaces become obsolete in future?
With regards to the property market, which is cyclical in nature, good economic growth often leads to overbuilding, which then subsequently results in a market slowdown and declining market prices. This scenario was already trending in Malaysia with a supply/demand mismatch, poor market sentiment and decreasing affordability levels, which was then compounded further due to Covid-19.
When a proactive approach is not taken to address this issue early on, it will result in structural breakdowns, leaks and mould leading to expensive rectification works.
Chur Associates founder and managing partner Chris Tan: If someone did something wrongly, it is still wrong even after the DLP.
Architect Centre accredited building inspector and trainer Anthony Lee Tee: Use your senses to see, feel, touch and smell for any abnormalities in a property. Some things are easy to notice such as paint peeling, leaks and mould on surfaces such as walls and ceilings.
Picking the right development or a development which is designed and built for sustainable or easy maintenance is the first step to ensuring a profitable property investment.