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Sunday, September 29, 2024

Broader scope of property management


 WE refer to the letter “Tailor management services to meet specific needs” (The Star, Sept 27). It is important to clarify several key points regarding self-management and the broader responsibilities of managing strata properties.

The Valuers, Appraisers, Estate Agents, and Property Managers Act 1981 (Act 242), which regulates professional property managers, does not disallow self-management by joint management bodies (JMBS) and management corporations (MCS).

Similarly, the Strata Management Act 2013 (Act 757) governs the management and maintenance of common properties by JMBS and MCS, and also indirectly grants them the right to self-manage their strata properties. This includes directly employing staff, such as building managers, to carry out property maintenance and other duties. This flexibility allows these bodies to exercise greater control over the management and finances of their developments.

However, it is important to note that building management is merely a subset of the broader discipline of property management. While experienced building managers can competently oversee daily operations such as maintenance, repairs, and security, they may lack the expertise to advise on the full spectrum of property management.

This includes strategic planning, financial oversight and, crucially, ensuring compliance with the complex legal obligations under the SMA 2013.

Property management encompasses a much wider range of responsibilities, including adherence to legal and regulatory frameworks, dispute resolution, and long-term financial planning.

Without professional property management expertise, many MCS and JMBS may struggle to fulfil their legal responsibilities effectively, which can lead to mismanagement and conflicts.

While some self-managed strata developments have been successful in maintaining their properties and serving the interests of owners and occupiers, many others have faced challenges.

Issues such as poor financial control, inadequate maintenance, and failure to comply with the SMA 2013 have led to conditions that negatively impact both property values and residents’ quality of life. The independence and impartiality of property managers become crucial when conflicts arise among committee members.

The flexibility provided by Act 242 and SMA 2013 is intended to empower strata developments to choose the management model that suits them best. However, it also highlights the importance of expertise and proper oversight.

So, while Act 242 and SMA 2013 provide strata developments with options for self-management, the distinction between building management and full-spectrum property management cannot be overlooked.

The broader scope of property management requires specialised knowledge and legal compliance that may exceed the capabilities of those solely focused on building management.

Consequently, MCS and JMBS must carefully assess whether they have the necessary expertise before opting for self-management.

Sr Michael Kong

By SR MICHAEL KONG  PRESIDENT The Association of Valuers, Estate Agents, Property Managers and Property Consultants in the Private Sector Malaysia

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WE refer to the letter “Stricter regulation needed in property management” (The Star, Sept 25). The issue revolves around a primary concern – whether building management is different from property management, or whether property...

Looking to China’s 5G success

      

Fahmi: We can learn a lot from them on improving connectivity

BEIJING: Malaysia is attracted by the success of 5G implementation in China, which currently covers over 90% of populated areas and has led to improved connectivity, especially in rural areas.

Communications Minister Fahmi Fadzil (pic) said this is especially so with the country implementing a dual network model of 5G high-speed Internet to provide quality and inclusive telecommunications services to the people.

This was among the matters discussed by Fahmi at a bilateral meeting with China’s Industry and Information Technology Minister Jin Zhuanlong here on Thursday.“During the meeting, we had the opportunity to discuss various topics, including the implementation status of the 5G network in China and Malaysia, the challenges encountered and key improvements or insights we can learn from each other.

“One of the main challenges we face in Malaysia, particularly in the remote, rural, island and hilly areas, is where fibre installation as a backhaul solution poses significant difficulties,” he told Bernama after the meeting.

Fahmi said the discussion also touched on “direct-to-cell” technology involving low earth orbit (LEO) satellites, which are seen as a potential solution to address Internet problems in remote areas and regions without Internet connection.

According to data from China’s Industry and Information Technology Ministry, the number of 5G base stations in the nation exceeded 4.04 million as of August.The figure accounts for 32.1% of the total number of mobile base stations across China, with the number of 5G mobile subscribers reaching 966 million nationwide.In Malaysia, a total of 7,191 5G sites have been developed across the country with 564 in Sabah and 551 in Sarawak, while the coverage level is now 81.9% in populated areas.

Fahmi said that during the meeting, they also discussed the 5G innovation challenge, which saw vendors as providers of equipment facilities for 5G in adapting and producing innovation.“This is interesting and I request MCMC (Malaysian Communications and Multimedia Commission) to conduct more in-depth talks, including on matters such as the use of submarine cables,” he added.

Fahmi said he hoped that the meeting could strengthen the relationship between the two ministries, thereby helping agencies such as MCMC to obtain useful input in the implementation of the 5G network.

This was the second meeting between the two leaders. The first was in Putrajaya in June last year.

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Wednesday, September 25, 2024

UN Pact for the Future builds up a hard-won consensus

 

The delegates are taking part in the UN Summit of the Future in New York, the US, on September 22, 2024. Photo: AFP

From Sunday to Monday, local time, the United Nations (UN) organized the Summit of the Future in its New York headquarters, attended by more than 130 heads of state and government. The Summit's name emphasizes its core objective: to build a better world for future generations by focusing on current global challenges through the lens of the future. The Pact for the Future and its annexes, the Global Digital Compact and the Declaration on Future Generations, adopted at the Summit, represent a wish list crafted by the UN family based on the latest international consensus. They provide guidelines for action in areas such as peace and security, sustainable development, climate change, digital cooperation, human rights, gender, youth and future generations, as well as the transformation of global governance. This is not just a document; it is a vow to the future and a promise to future generations.

The Summit of the Future was held at a time when humankind stands at a crossroads, facing an urgent need to forge consensus. As UN Secretary-General Antonio Guterres said, this summit is crucial because "the challenges we face are moving much faster than our ability to solve them." At present, humankind is confronting severe and multiple tests: the risk of Lebanon becoming "another Gaza" has risen sharply, extreme weather is impacting the planet with alarming frequency, trade protectionism has sparked a backlash against globalization, and emerging technologies have created a crisis for which there is no existing governance experience to draw upon. At a time when the world is undergoing great transformation, renewing and reforming international cooperation should be a decisive first step. The convening of the Summit of the Future is not only an important assessment of the existing global governance system, but also a collective reflection on the future direction of the world.

The Pact for the Future, adopted by the Summit, sets out 56 pledges to action aimed at "laying the foundations for a sustainable, just, and peaceful global order - for all peoples and nations." Although considered by some to be "not as ambitious as originally intended," the pact still paints a picture of aspirational ideals: a world where the indiscriminate use of lethal weapons is avoided and greater peace and tranquility prevail; a world where multilateralism is practiced and developing countries have a greater say in international financial institutions; a world where renewable energy and sustainable development are pursued, and climate change is effectively curbed; a world where cyberspace security is guaranteed and global digital cooperation is realized. This is undoubtedly a world worthy of the struggle and dedication of all humankind.

Some media outlets have commented that the world body avoids diplomatic chaos at the Summit of the Future. The Pact for the Future, which has undergone "bargaining" among the representatives of member states, is not a legally binding document, but it reflects a hard-won consensus in an increasingly diverse international community. This once again highlights the central role and leadership of the UN in global affairs, as well as the value of genuine multilateralism in addressing challenges such as the climate crisis, inequality, and other unpredictable global risks. In the current complex international situation, effective collective efforts within the framework of the UN remain the optimal choice and the greatest common denominator.

As we enter a new era, we face the significant question of "what kind of a world we should build and how to build it." China has provided an answer: constructing a community with a shared future for mankind. Regarding the Summit of the Future, China has repeatedly expressed its support. At the recent Beijing Summit of the Forum on China-Africa Cooperation, China and Africa expressed unanimous support for the UN to hold the Summit of the Future. In addition, China has actively participated in consultations on the Pact for the Future, focusing on the future and destiny of humanity and universal well-being, and has put forward constructive opinions and suggestions to promote mutual understanding and consensus among all parties. These actions reflect China's commitment to promoting the construction of a community with a shared future for mankind, implementing the Global Development Initiative, Global Security Initiative, and Global Civilization Initiative, practicing true multilateralism, and jointly creating a better future for all humanity. 

In the Pact for the Future, there is a statement that reads, "We recognize that sustainable development in all its three dimensions is a central goal in itself and that its achievement, leaving no one behind, is and always will be a central objective of multilateralism." Moving forward, the implementation of the Pact for the Future will require a strong commitment to seeking common ground while reserving differences, as well as close cooperation and coordination among countries, and the effective operation and support of multilateral institutions. Developed countries, which possess more resources and advantages in political, military, economic, technological, and educational aspects, should take on greater international responsibilities in maintaining regional peace, promoting global sustainable development, and addressing climate change, while also creating more opportunities for developing countries to participate in global governance. 

In the process of building a safer, more sustainable, and fairer world, the voices of "Global South" countries must not be overlooked. The joint participation and contribution of both developed countries and "Global South" countries are crucial for achieving the ambitious goals of the Pact for the Future.

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