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    Pn. Ilmiah Binti Bakri

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    Jin Fong Kueh
    1) Over 1.7 million strata titles have been registered in Malaysia, generating RM57.47 million in parcel rent collection for several states in 2021. Selangor has the highest number of strata titles at 708,000 parcels. 2) The Strata Title Act 1985 has undergone 6 amendments, with significant changes from the Strata Management Act 2013 and provisions for vice-principal subsidiary proprietors and sub-management corporations. 3) Challenges in implementing the Strata Title Act include ensuring fair procedures for applying and terminating strata titles, improving the process for forming sub-management corporations, and allowing for special buildings and public amenities in the regulations.

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    Pn. Ilmiah Binti Bakri

    Uploaded by

    Jin Fong Kueh
    68 views9 pages
    1) Over 1.7 million strata titles have been registered in Malaysia, generating RM57.47 million in parcel rent collection for several states in 2021. Selangor has the highest number of strata titles at 708,000 parcels. 2) The Strata Title Act 1985 has undergone 6 amendments, with significant changes from the Strata Management Act 2013 and provisions for vice-principal subsidiary proprietors and sub-management corporations. 3) Challenges in implementing the Strata Title Act include ensuring fair procedures for applying and terminating strata titles, improving the process for forming sub-management corporations, and allowing for special buildings and public amenities in the regulations.

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    2. Pn. Ilmiah Binti Bakri

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    1) Over 1.7 million strata titles have been registered in Malaysia, generating RM57.47 million in parcel rent collection for several states in 2021. Selangor has the highest number of strata titles at 708,000 parcels. 2) The Strata Title Act 1985 has undergone 6 amendments, with significant changes from the Strata Management Act 2013 and provisions for vice-principal subsidiary proprietors and sub-management corporations. 3) Challenges in implementing the Strata Title Act include ensuring fair procedures for applying and terminating strata titles, improving the process for forming sub-management corporations, and allowing for special buildings and public amenities in the regulations.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    68 views9 pages

    Pn. Ilmiah Binti Bakri

    Uploaded by

    Jin Fong Kueh
    1) Over 1.7 million strata titles have been registered in Malaysia, generating RM57.47 million in parcel rent collection for several states in 2021. Selangor has the highest number of strata titles at 708,000 parcels. 2) The Strata Title Act 1985 has undergone 6 amendments, with significant changes from the Strata Management Act 2013 and provisions for vice-principal subsidiary proprietors and sub-management corporations. 3) Challenges in implementing the Strata Title Act include ensuring fair procedures for applying and terminating strata titles, improving the process for forming sub-management corporations, and allowing for special buildings and public amenities in the regulations.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 9

    Current Strata Title Issues &

    Updates on Strata Title Act


    Amendment Research

    Ilmiah Bakri
    1.7 million strata titles registered

    RM57.47 million parcel rent collected in


    2021 – Selangor, WPKL, Penang, Malacca,
    Perak & N9

    Selangor has the highest amount of strata


    titles - 708k parcels & 10k schemes (42%)
    BACKGROUND Strata Title Act 1985
    • 6 amendments
    • Most significant - A1450 (2013/2015) & A1518 (2016)

    A1450 (2013/2015)
    • Strata Management Act 2013 [Act 757]
    • VPST
    • Sub-MC

    A1518 (2016)
    • Parcel Rent
    • Parcel Acquisition
    • Special Building
    VPST Research Findings

    Application CPSP Application for Registration of


    ST SSS/
    of CPSP Approval Subdivision Strata Title
    G12

    3+1m 51 m 1+1m 100 m

    11 m

    VP SSS/
    CCC VP
    G12

    2m 1m
    8m
    BIL. PEMAJU BIL. PETAK TARIKH DAFTAR STRATA TARIKH VP NEGERI SUMBER DATA
    9/8/19 – 9/2/24
    1 Residensi Laman Permai 8371 10/05/2022 WPKL PTG WPKL
    (54 bulan)*
    14/10/16 – 14 /2/22
    2 Residensi Lucentia 1920 16/11/2021 WPKL PTG WPKL
    (64 bulan + LAD)*
    6/1/17 – 6/5/22
    3 Residensi Lavile 4176 02/08/2021 WPKL PTG WPKL
    (52 bulan)*
    11/7/18 – 11/5/22
    4 Residensi Platinum OUG 4365 26/04/2022 WPKL PTG WPKL
    (46 bulan)*
    19/8/18 – 19/8/23
    5 Residensi M Vertika 5863 21/03/2022 WPKL PTG WPKL
    (66 bulan)*
    30/11/17 – 30/5/22
    6 Residensi M Centura 4730 22/06/2021 WPKL PTG WPKL
    (54 bulan)*
    22/2/17 – 22/8/22
    7 Residensi Continew 1197 26/07/2021 WPKL PTG WPKL
    (66 bulan)*
    15/6/16 – 15/6/20
    8 Residensi Waltz 1270 03/06/2020 WPKL PTG WPKL
    (48 bulan)**
    30/9/17 – 30/3/22
    9 Residensi Nusantara Petaling 2 3370 8/1/2021 WPKL PTG WPKL
    (54 bulan)**
    10 ***Residensi Novum 2232 19/11/2019 17/07/2020 WPKL PTG WPKL
    11 ***Residensi Pudu Alam Rekreasi 1992 08/09/2021 12/12/2021 WPKL PTG WPKL
    12 Sunway Mont KL 1,456 22/11/2019 30/12/2019**** WPKL Jurukur Perpaduan
    13 The Nest KL 1,336 14/01/2019 14/02/2019**** WPKL Jurukur Perpaduan
    14 Bukit Rimau Geo Rimau 2,538 31/07/2019 30/08/2019**** Selangor Jurukur Perpaduan
    15 Sunway Lake Residences 1,752 07/05/2021 15/09/2021**** Selangor Jurukur Perpaduan
    16 The Grand Subang 1,169 02/12/2021 03/01/2022**** Selangor Jurukur Perpaduan
    17 Tropicana Paisley 1,766 02/12/2021 05/01/2021**** Selangor Jurukur Perpaduan
    18 I-CITY HILTON 438 01/11/2021 21/09/2021**** Selangor Jurukur Perpaduan
    19 Teluk Bintang 34526 08/04/2021 30/04/2021 Johor PTG Johor
    Idea Pitch
    Formation of Sub-MC
    FUTURE
    NOW
    KM KM

    BP BP
    SiFUS SiFUS
    Schedule of Parcel to COB Schedule of Parcel + Special Plan to COB
    APDL APDL
    Sale Sale
    Construction Construction
    SSS SSS
    CPSP CPSP
    Strata Title Registered Strata Title Registered
    Formation of MC Formation of MC
    Appoint LS for Special Plan for formation of
    Sub-MC Formation of Sub-MC
    CHALLENGES IN IMPLEMENTING AND ENFORCING STRATA
    TITLE ACT 1985 [ACT 318]

    Procedure of Applying and


    Terminating the Strata Titles 1
    Issues With the Strata
    2 Management

    Government Policy & Urban


    Development Goals 3
    Strata Title Act Amendment Research: The
    Expectation
    The
    BasicStrata Application and Basic
    Termination Procedure: The Strata Management

    ✓ Ensure a relevant procedure to solve


    special buildings ✓ Improving the procedure for sub-MC
    ✓ Allow fairness in parcel rent collection & formation
    implementation ✓ Ensure the equitability of share units
    ✓ Create justice in consent threshold for ✓ Allow the strata termination process be
    strata termination properly guided
    ✓ Reducing the bureaucracy in the
    application procedure
    ✓ Allow public amenities/utilities be
    protected in the regulation
    Thank You
    [email protected]

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