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Business 20 Dec 2014 | 12:00 AM Premium

6% levy is looming on the horizon

Buyers Beware - By Chang Kim Loong
THERE have been recent public outcry and protests against the imposition of the goods and services tax (GST) on the maintenance charges and sinking fund for all stratified developments in Malaysia save for low- and medium-cost stratified development areas which were recently “exempted” from GST under the gazetted GST Exempt Supply Order dated Oct 13, 2014.

Nation 01 Mar 2015 | 12:00 AM Premium

Maintenance fees may go up over 10% with GST, residents warned

Owners of high-rise dwellings may have to pay up to 10% more in maintenance charges from April although such fees have been exempted from the Goods and Services Tax (GST). Building managers are blaming the impending rise on the shortfalls in collection caused by payment defaulters and the 6% in GST that they still have to pay to service providers like electricians and plumbers.

Property 16 Jan 2016 | 12:00 AM Premium

Value from good property manager

Property management takes on new perspective under revised Act

Banking 19 Oct 2016 | 4:07 AM Premium

Property managers propose progressive loan repayment plan

KUALA LUMPUR: The Malaysian Institute of Professional Property Managers (MIPPM) is proposing a progressive loan-repayment system to ease property financing for house buyers.

Business 19 Oct 2016 | 7:53 AM Premium

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

Business 20 Oct 2016 | 12:00 AM Premium

Budget needs to address affordable housing issue

KUALA LUMPUR: The Malaysian Institute of Professional Property Managers (MIPPM) is hopeful that affordable housing issues will be addressed when Budget 2017 is tabled tomorrow.

Business 08 Apr 2017 | 12:00 AM Premium

Raising the bar on property management

A COUPLE of years ago, a child waded from the baby to the adult pool in a condominium.

Business 09 Sep 2017 | 12:00 AM Premium

Grey areas of joint management control

TWO of the four car park lifts were demarcated as belonging to the developer. But the joint management body (JMB) insists the maintenance charges be paid from the common maintenance fund.

Property 18 Nov 2017 | 12:00 AM Premium

Advent of PropTech changing the real estate sector

FIRST, it was FinTech which challenged how things were being done in the financial and lending services. Now there is PropTech, which is altering the entire spectrum of the real estate industry.