News about strata

Low also underscored the statutory role of the sinking fund under the SMA, cautioning against its misuse, and recommended clearer maintenance schedules such as repainting every six years and waterproofing every 10 years.

The purchasers argue that Wize Platinum and Pujian Development have breached Section 8 of the Strata Title Act, which states the developer is required to apply for the strata titles within six months from the issuance of the certificate of completion and compliance.

Planned as a future development by Tan & Tan Developments Bhd, this exclusive strata villa project sits on 4.

A pay-per-use or opt-in model can potentially and quickly become an operational minefield.

There's a lack of synchronisation between new regulations and existing practices, and there is a need to refine the current strata management law, a KPKT official conceded.

This happens because developers either have not settled the land premium payments or have outstanding issues with the land office.

“Make sure that what is advertised is already in the sale and purchase agreement (SPA).

“If you have multiple phases, there are still some issues and grey areas that need to be addressed … We’re seriously looking into it with the government now, hoping that [the old act will be] overhauled to address these issues, especially those concerning strata management,” Tan said.

Director-general Datuk Jayaselan K Navaratnam said one of the key changes will be to clearly separate the responsibilities between the Strata Titles Act 1985 (Act 318) and the Strata Management Act 2013 (Act 757), with the former focused on ownership and the latter on building management.

"For this new Act, we propose that the consent threshold be no less than 80%.