The Ministry of Housing and Local Government (KPKT) has released additional guidelines for a stratified scheme on 4th June 2020. Property Developers, Joint Management Bodies (JMBs) & Management Corporations (MCs), Property Managers and Strata Owners are expected to act in accordance to the latest guidelines and most importantly, to curb the spread of Covid-19 to a particular strata scheme. This is a great step forward for all strata residents, owners, and workers alike as we come to terms with the reality of living and working around COVID-19 during this Recovery Movement Control Order (RMCO) period.
A lot of strata related issues had also arose during and post MCO period such as purchaser’s entitlement to monetary compensation via Liquidated Assessment Damages (“LAD”) due to late Vacant Possession (VP), delays in collection for maintenance and sinking fund charges by JMBs and MCs, postponements of maintenance and building inspections which may lead to defects, delays in the proceedings of AGMs, among others.
REHDA Institute will be organizing a half-day strata event to dive into the current issues faced by all the relevant parties involved in the strata scheme to better understand how they can better navigate through the RMCO period while dealing with the strata laws and updated guidelines in order to sustain a harmonious living among strata residents.
For more information please contact:
Mr. Pearljit Singh | 03-7803 6006
For Sponsorship Opportunities:
Mr. Khairil | 016-925 8257