Challenges in forming the subsidiary management corporation: Malaysian experience
The popularity of strata development in Malaysia have seen the promotion of mixed development and usages that need to be managed efficiently to ensure living within a strata scheme is pleasant. Within a mixed development that consists of different components, some common facilities are made availabl...
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| Format: | Article |
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Department of Director General of Lands & Mines Federal (Jabatan Ketua Pengarah Tanah dan Galian Persekutuan)
2020
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| _version_ | 1796866418698878976 |
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| author | Tan, Wee Vern Tan, Liat Choon Ujang, Muhamad Uznir Toh, Ming Liang Azri, Nor Suhaibah Looi, Kam Seng Thoo, Ai Chin |
| author_facet | Tan, Wee Vern Tan, Liat Choon Ujang, Muhamad Uznir Toh, Ming Liang Azri, Nor Suhaibah Looi, Kam Seng Thoo, Ai Chin |
| author_sort | Tan, Wee Vern |
| collection | ePrints |
| description | The popularity of strata development in Malaysia have seen the promotion of mixed development and usages that need to be managed efficiently to ensure living within a strata scheme is pleasant. Within a mixed development that consists of different components, some common facilities are made available only to a certain group of owners. The Strata Management Act 2013 (Act 757) introduced the establishment of subsidiary management corporation to manage the limited common property which could help to resolve the issues in managing the different types of users in a mixed or integrated strata development. Act 757 provides for the establishment of subsidiary management corporation which enables proprietors to exclusively enjoy limited common property. However, to date, the establishment of subsidiary management corporation in Malaysia is unpopular since the establishment depends on the initiatives of the management corporation (MC). This research adopts quantitative method to analyse the formation of subsidiary management corporation as well as the challenges faced in the process. A total of 187 respondents were chosen for this study based on the relevance of the organisation. The findings revealed that the main challenges hindering the formation of subsidiary management corporation is the lack of knowledge on the procedure for forming subsidiary management corporation on the part of the MC, the willingness of the MC; the requirement to pass the comprehensive resolution and defining of boundaries under the special plan. The research ends with proposed solutions to overcome the challenges. |
| first_indexed | 2024-03-05T21:11:51Z |
| format | Article |
| id | utm.eprints-97415 |
| institution | Universiti Teknologi Malaysia - ePrints |
| last_indexed | 2024-03-05T21:11:51Z |
| publishDate | 2020 |
| publisher | Department of Director General of Lands & Mines Federal (Jabatan Ketua Pengarah Tanah dan Galian Persekutuan) |
| record_format | dspace |
| spelling | utm.eprints-974152022-10-10T07:22:33Z http://eprints.utm.my/97415/ Challenges in forming the subsidiary management corporation: Malaysian experience Tan, Wee Vern Tan, Liat Choon Ujang, Muhamad Uznir Toh, Ming Liang Azri, Nor Suhaibah Looi, Kam Seng Thoo, Ai Chin HD28 Management. Industrial Management The popularity of strata development in Malaysia have seen the promotion of mixed development and usages that need to be managed efficiently to ensure living within a strata scheme is pleasant. Within a mixed development that consists of different components, some common facilities are made available only to a certain group of owners. The Strata Management Act 2013 (Act 757) introduced the establishment of subsidiary management corporation to manage the limited common property which could help to resolve the issues in managing the different types of users in a mixed or integrated strata development. Act 757 provides for the establishment of subsidiary management corporation which enables proprietors to exclusively enjoy limited common property. However, to date, the establishment of subsidiary management corporation in Malaysia is unpopular since the establishment depends on the initiatives of the management corporation (MC). This research adopts quantitative method to analyse the formation of subsidiary management corporation as well as the challenges faced in the process. A total of 187 respondents were chosen for this study based on the relevance of the organisation. The findings revealed that the main challenges hindering the formation of subsidiary management corporation is the lack of knowledge on the procedure for forming subsidiary management corporation on the part of the MC, the willingness of the MC; the requirement to pass the comprehensive resolution and defining of boundaries under the special plan. The research ends with proposed solutions to overcome the challenges. Department of Director General of Lands & Mines Federal (Jabatan Ketua Pengarah Tanah dan Galian Persekutuan) 2020 Article PeerReviewed Tan, Wee Vern and Tan, Liat Choon and Ujang, Muhamad Uznir and Toh, Ming Liang and Azri, Nor Suhaibah and Looi, Kam Seng and Thoo, Ai Chin (2020) Challenges in forming the subsidiary management corporation: Malaysian experience. Land Administration Journal (Jurnal_Pentadbiran), 4 (1). pp. 135-150. ISSN 2600-7703 https://www.jkptg.gov.my/images/pdf/jurnal-pentadbiran/Jurnal_Pentadbiran2020.pdf NA |
| spellingShingle | HD28 Management. Industrial Management Tan, Wee Vern Tan, Liat Choon Ujang, Muhamad Uznir Toh, Ming Liang Azri, Nor Suhaibah Looi, Kam Seng Thoo, Ai Chin Challenges in forming the subsidiary management corporation: Malaysian experience |
| title | Challenges in forming the subsidiary management corporation: Malaysian experience |
| title_full | Challenges in forming the subsidiary management corporation: Malaysian experience |
| title_fullStr | Challenges in forming the subsidiary management corporation: Malaysian experience |
| title_full_unstemmed | Challenges in forming the subsidiary management corporation: Malaysian experience |
| title_short | Challenges in forming the subsidiary management corporation: Malaysian experience |
| title_sort | challenges in forming the subsidiary management corporation malaysian experience |
| topic | HD28 Management. Industrial Management |
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