Mixed-use property is the hallmark of modern development. The idea is to create an environment where people can live, work, and play in one area, embodied into a development of a property complex consist of residential condominium, office, and shopping mall...
The Covid-19 pandemic has affected all areas of life, including the implementation of activities that involves many people. With the implementation of restrictions on public activities, especially in the DKI Jakarta area, regulations are needed regarding the...
Background Just late last year, namely on 4 December 2019, the Regional Government of DKI Jakarta enacted DKI Jakarta Governor Regulation No. 133 of 2019 on the Amendment of Governor Regulation Number 132 of 2018 on the Encouragement of Owned Condominium Management...
General Provisions of Service Charges The management of condominium shall have the right to obtain service charges for managing the condominium. The service charges are proportionally borne by the owners and tenants. The service charge is calculated based on the real...
Definition Gradual Construction of Condominium is a condominium construction planned in a unity of a development system on a plot of land which is done in several continuous stages whether in the physical construction or in terms of the duration. Association of Owner...
Financial Administration General P3SRS is responsible for the financial administration of condominium management after the Developer delivers the management to P3SRS which consists of management cost and other legitimate businesses. Management Cost The amount of...
Membership and Organization Membership Only the Owner or Tenant may obtain proxy from the Owner of the condominium unit who can become a member. However, please note that the Owner who is not the tenant of condominium unit cannot occupy positions in the management...
Formation of P3SRS General The formation of P3SRS is organized by the Committee facilitated by the Developer in the form of required accommodation and facilities. The objectives of the establishment of the P3SRS are to determine: (i) the formation of an organizational...
Background On 5 December 2018, Governor of DKI Jakarta has issued a Regulation of Governor Number 132 of 2018 on the Encouragement of the Management of Owned Condominium (“Condo Reg”). This Regulation is aimed to manage the management of Owned Condominium so that they...