What Is Strata Title Malaysia

But in 2013 parliament passed the housing development control and licensing amendment act 2012 and the strata titles amendment act 2013 which made major changes to the laws on the issuance of strata titles.

What is strata title malaysia. Coming into operation of the computerization system of strata titles in any land registry 4 b. Strata titles are basically separate individual titles issued. This was in response to the growing number of multi storey properties as a result of urbanisation in major cities around malaysia. When the transfer happens from master title to strata title the owner willfully owned the parcel lot without sharing with.

On the other hand a strata title is usually issued for high rise properties such as condominiums apartments and landed properties which are gated and guarded. In malaysia the main law that regulates the issuance or transfer of strata titles is the strata titles act 1985 says tan. Laws of malaysia act 318 strata titles act 1985 arrangement of sections p art i preliminary section 1. Strata title refers to one individual hakmilik for every parcel lot in a building that built on the land.

A strata title is issued when you own a portion of the land alongside the other owners a typical feature of strata properties is when the house you bought whether landed or high rise comes with common facilities and areas such as. Understand the differences and meanings of both the strata title and individual title in malaysia before you decide on which type of property to purchase. It is the document that states the ownership of a strata property and gives owners the control of the individual units of stratified properties. The term strata was first introduced legally in 1985 with the strata titles act 1985 sta.

Florence strata title are separate individual titles issued to units of houses apartments or offices jointly developed within a development that shares common facilities such as gated guarded security car parks and facilities governed by a common deed of mutual covenants under the strata title act 1985 developers are required to apply for the strata titles on behalf of the purchasers. Strata titles are generally for properties in a multi storey building and this usually means that the land belongs to the owners of the property i e. Strata title is a sub divided title is meant for individual units on high rise buildings. The strata title is one of the three forms of land titles used in malaysia the other two being the master title and individual title.

As per the strata titles act 1985 strata title allows individuals to own or co own part of a multi storey property.