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By Abdul Hamid A Rahman
This is the conclusion of a three-part series on maintenance fee collection in strata properties. It examines enforcement challenges under the Strata Management Act 2013 (Act 757), the role of JMBs and MCs and the responsibilities of owners and tenants.
KUALA LUMPUR, March 12 (Bernama) -- Scientex Bhd’s net profit fell 12.1 per cent to RM123.95 million in the second quarter ended Jan 31, 2025 (2Q FY2025) compared with RM141.01 million a year earlier.
KUALA LUMPUR, March 11 (Bernama) -- The Guangdong Delegation to the third session of the 14th National People's Congress held a plenary meeting on March 6, attracting 267 journalists from 107 domestic and international media outlets.
By Abdul Hamid A. Rahman
KUALA LUMPUR, March 11 (Bernama) -- Unpaid maintenance fees in strata developments have reached worrying levels, with arrears estimated in the hundreds of millions — and potentially billions, if unaddressed.
KUALA LUMPUR, March 4 (Bernama) -- Juwai IQI expects the Malaysian property market to maintain its strong performance in 2025, backed by growth in artificial intelligence (AI), investments as well as the industrial and commercial segments.
GEORGE TOWN, March 3 (Bernama) -- The Penang Development Corporation (PDC) has partnered with SP Setia Bhd to develop an industrial park in Bandar Setia Fontaines, Bertam near here with a gross development value (GDV) of RM1.2 billion to RM1.6 billion.
KUALA LUMPUR, March 1 (Bernama) -- The Malaysian International Furniture Fair (MIFF) has been instrumental in shaping and elevating Malaysia’s furniture industry, Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani said.
KUALA LUMPUR, March 1 (Bernama) -- The Ministry of Plantation and Commodities (KPK) aims to achieve RM14 billion in wooden furniture exports, accounting for 50 per cent of Malaysia’s RM28 billion timber export target by 2025.
PUTRAJAYA, 1 Mac (Bernama) -- Malaysia’s economic resilience and progress depend on inclusive financing access, something that is easily overlooked by those working in the formal sector, according to Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Feb 27 (Bernama) -- The allocation for the Housing Credit Guarantee Scheme under the Syarikat Jaminan Kredit Perumahan Bhd (SJKP) will be increased by RM10 billion this year, benefitting more than 20,000 borrowers.
KUALA LUMPUR, Feb 27 (Bernama) -- Mah Sing Group Bhd's net profit for the financial year ended Dec 31, 2024 (FY2024) rose to RM240.75 million from RM215.29 million recorded in FY2023, demonstrating the resilient demand for its affordably priced and strategically located developments.
KUALA LUMPUR, Feb 27 (Bernama) -- Tha national household debt, which stood at RM1.63 trillion as at end-December 2024 -- equivalent to 84.2 per cent of gross domestic product (GDP) -- was much lower than household financial assets, according to the Finance Ministry (MoF).
