When flat is not really flat


Association president Datuk Pretam Singh Darshan Singh said under the Strata Management Act 2013 (Act 757), the maintenance charges to be paid by property owners are calculated based on share units, and different weightage factors are given to the different types of property in a mixed-use development.

PETALING JAYA: The Property Real Estate Lawyers Association said the decision by the Court of Appeal to decide in favour of a serviced apartment owner was fair and correct.

Association president Datuk Pretam Singh Darshan Singh said under the Strata Management Act 2013 (Act 757), the maintenance charges to be paid by property owners are calculated based on share units, and different weightage factors are given to the different types of property in a mixed-use development.

Under the first schedule for example, the residential portion has a weightage factor of one while the retail complex has a weightage factor of two, and the car parking facilities, a factor of less than one.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Flat rate , miced-use developments , fair , correct , court ,

Next In Business News

TRUST AS THE NEW COMPETITIVE ADVANTAGE IN MALAYSIA'S AI ECONOMY
French consumers cut back spending
Asia seen as sweet spot in physical AI
Cheap labour, costly future
Europe’s AI debt rush
AI’s trillion-dollar gamble
Hedge fund veteran bets on ‘abundance’
Wong exits, Wang returns at EForce
Slow turn in earnings
SMEs yet to tap AI’s full power

Others Also Read