As a strata unit owner, it is our duty to understand good strata maintenance and management practices to ensure a well-maintained living environment which in return, will safeguard the investment value of the property.
This will enable them to participate in and take responsibility for the maintenance and management of the strata building and common property in the strata development, together with other like-minded owners as well as safeguarding the investment value of the property.
Residents of stratified buildings need to also understand the key purpose or functions of strata management bodies, such as Joint Management Body (JMB) and the Management Corporation (MC), in order to work with these bodies to ensure a much comfortable, harmonious, properly managed and secure strata living community and environment.
What about fire safety? There are still a lot of strata property owners that lack fire safety awareness. What is more concerning is that they are living in high-rise residential buildings that was designed, built and managed with insufficient fire safety prevention mechanisms in place. That is why, in a strata residential building, it takes the collective effort of every resident to ensure everyone’s safety in the building.
Download Speaker Presentation Slides Below:
Practical Implications of Strata Management 2013
Dato’ Pretam Singh Darshan Singh, Advocates & Solicitors, Pretam Singh, Nor & Co. (no presentation slides)
Handing over Vacant Possession (VP) & Formation of JMB/MC
Mr. Lai Chee Hoe, Founding Partner, Chee Hoe & Associates
The roles, duties and powers of the liquidator in playing the role of the developer under the Strata Management Act 2013 (Act 757)
Mr. Dhanaraj Sivasampu, Partner (Head of Liquidation), Hakem Arabi & Associates