In Depth

Differences between JMB and MC: 5 things you should know

The general understanding is that both the Joint Management Body (JMB) and Management Corporation (MC) are entrusted with the powers and responsibilities to manage common areas of stratified developments, enforce by-laws and collect maintenance charges and contributions to the sinking fund and others. But how is the JMB different from an MC?

What shall we do with the property overhang?

Defined as units that have received their Certificate of Completion and Compliance but remain unsold for more than nine months after launch, the number of these overhang units is growing like a rolling snowball.

Thriving industrial towns

Let’s take a look at three areas that benefited from their concentrated industrial activities.

The year of the Metal Rat and you

‘Astrology by Animal Sign’ is a simplified form of astrology reading, adopting the sole view of one’s Earthly Branch from his or her BaZi.

"Owning is always better than renting"

Saving is a habit Hyinz Ng has cultivated since she was a child. She has been saving about 20% to 30% of her monthly salary since she started working – she worked part-time at a bakery shop as a teenager prior to photography.

Sinking Fund: The call for accountability

The name “sinking fund” is not meant to be taken literally, but in some stratified developments, there are sinking funds that have sunk and totally disappeared.