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Mastering Budgeting for Mixed-Use Strata Developments: Key Strategies & Best Practices

[3 CPD hours Approved by LPPEH]

Date & Time:
26 February 2026 (Thursday)
10:00 am - 1:00 pm
Venue:

Hartamas Training Centre
Level 13, Block A, Menara Prima, Jalan PJU 1/37, Dataran Prima, 47301, Petaling Jaya, Selangor Darul Ehsan.

Price per pax
Early Bird Fee (valid until 6 February 2026)
RM270.00
RM257.00
Group Package: RM243.00 per pax (Minimum 3 Pax) (valid until 6 February 2026)

Note:

  1. Registration is on a first-come, first-served basis. Seats are confirmed only upon successful registration and payment.
  2. For non-attendance or withdrawals made within 7 days prior to the event, a 50% refund only will be issued.
  3. The organizer reserves the right to refuse entry to any person for reasons deemed appropriate.
  4. In the event of cancellation or postponement of the seminar, participants will be notified and offered a full refund of the amount paid.
  5. No electronic recording equipment is allowed. Exceptions may apply for authorized media personnel.
Speaker

Mr. Ken Teo Khiok Nyuk
Managing Director
Gather Building Management Sdn Bhd

Talk Points

Foundations & Key Principles

1. Introduction to Mixed-Use Strata Developments

  • Definition and scope (residential, commercial, retail components)
  • Differences from purely residential developments
  • Importance of tailored budgeting

2. Understanding Budget Components

  • Operating expenses vs. capital expenditures
  • Common cost categories:
  • Maintenance & repair (M&E systems, elevators, HVAC)
  • Utilities & essential services
  • Security, cleaning, landscaping
  • Administrative & statutory compliance costs
  • Revenue streams & cost allocation:
  • Differentiating by parcel type
  • Commercial vs. residential cost-sharing models

3. Statutory & Regulatory Requirements

  • Strata Management Act 2013 key provisions for budgeting
  • Reserve fund requirements
  • Reporting obligations to JMB/MC and owners

4. Challenges in Mixed-Use Budgeting

  • Diverse user expectations & priorities
  • Cost apportionment conflicts
  • High variability in usage and maintenance needs

Strategies & Best Practices

5. Budget Planning Strategies

  • “Know Your Building” financial assessment approach
  • Lifecycle cost planning for major systems
  • Predictive vs. reactive maintenance budgeting
  • Scenario planning for occupancy changes or mixed-use demands

6. Cost Allocation & Fair Charging Practices

  • Apportionment formulas for mixed-use developments
  • Handling cross-subsidization concerns
  • Transparent communication with owners

7. Tools & Techniques for Effective Budgeting

  • Spreadsheet models & software solutions
  • KPI tracking: cost per sqft, reserve fund adequacy, maintenance backlog
  • Digitized monitoring for real-time financial insight

8 . Case Study, Practical Exercise & Key Takeaways

  • Example: Drafting a mixed-use strata budget for a 50-floor development
  • Identifying priorities, allocating costs, and justifying decisions to owners
  • Recap best practices
  • Highlight common pitfalls and solutions
  • Provide reference resources for further learning