http://blog.intproperties.com/9/update-on-high-rise-building-maintenance%e2%80%93whither-improvement/ Penang Properties Blogs for business and professional communities Wed, 08 Feb 2012 02:38:03 +0000 http://wordpress.org/?v=2.6 http://blog.intproperties.com/9/update-on-high-rise-building-maintenance%e2%80%93whither-improvement/#comment-1238 I&T Penang Properties Blogs » Blog Archive » Why Penang apartment and condominium purchasers need to aware about COB, JMB of ACT 663? Tue, 31 Mar 2009 06:48:18 +0000 http://blog.intproperties.com/?p=9#comment-1238 [...] With the appointment of the local council presidents as COBs and the formation of JMB under the ACT 663, the Malaysian government hopes to address problems faced by high rise buildings as many high rise buildings in the country more particularly low and medium cost stratified housing schemes have been beset with maintenance woes and with some of them experiencing deteriorating stage of maintenance and upkeep after only several years of completion. The quality and standard of maintenance and upkeep of each building has major impacts on the market prices of these stratified housing units, those schemes with good stage of maintenance have been able to maintain or preserve their market values. Likewise, poorly managed schemes are experiencing declining property values. Read more : problems of managing high rise strata buildings and the impacts of ACT 663 and Update on high rise building maintenance - Whither improvement ?. [...] [...] With the appointment of the local council presidents as COBs and the formation of JMB under the ACT 663, the Malaysian government hopes to address problems faced by high rise buildings as many high rise buildings in the country more particularly low and medium cost stratified housing schemes have been beset with maintenance woes and with some of them experiencing deteriorating stage of maintenance and upkeep after only several years of completion. The quality and standard of maintenance and upkeep of each building has major impacts on the market prices of these stratified housing units, those schemes with good stage of maintenance have been able to maintain or preserve their market values. Likewise, poorly managed schemes are experiencing declining property values. Read more : problems of managing high rise strata buildings and the impacts of ACT 663 and Update on high rise building maintenance - Whither improvement ?. [...]

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