“There had been a grave disparity in the maintenance or service charges imposed by the JMB on property owners. “With this decision, each property owner will pay a single maintenance or service charge rate in proportion with their share of the unit in the property. “The JMB can only determine and fix one consistent rate of service or maintenance charges for all properties within the strata development, ” he told The Star. “In other words, the formula should be – the total cost of maintenance of the common property of the high rise property divided by the total amount of share units, multiply the number of share units for each property, ” he said. “Even after the owners of a property have obtained strata titles, less than 25% of them have the titles.
Source: The Star October 13, 2019 23:48 UTC