Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Master/strata/individual

views
     
TSpinkdevil88
post Oct 17 2010, 08:49 AM, updated 16y ago

Getting Started
**
Junior Member
176 posts

Joined: Feb 2010
can anyone please enlighten me what is the difference between Master/strata/individual title?? How will it affect the property price??
kampit_ikram
post Oct 17 2010, 12:22 PM

Getting Started
**
Junior Member
155 posts

Joined: Oct 2008


limited to what i knew....

individual is usualy for landed...

master and strata is usually for stratified property like condo and apartment etc...

the difference is usually when the condo is launched... the title is still master title... before it will be divided to strata title... that wud take some time... usually a year...

i personally think that selling a condo with strata is much easier compare to a property with master title...

but didnt really know whether it wud affect the price....


dariofoo
post Oct 19 2010, 03:32 PM

In the kingdom of the blind, the one-eyed man is king
Group Icon
Elite
2,795 posts

Joined: Aug 2010
From: District 9


QUOTE(pinkdevil88 @ Oct 17 2010, 08:49 AM)
can anyone please enlighten me what is the difference between Master/strata/individual title?? How will it affect the property price??
*
Master title - it can be either be for a cluster of houses (eg Taman Halaman, Ampang) or for a block of condo (eg Pangsapuri Beringin, Gombak). In any new development project, the whole lot would normally be in one (or more) master title(s). It is the duty of the developer to apply for individual title for each lot/unit in favour of the respective purchaser.

Strata title - the individual title for a parcel (ie a unit) in an apartment, flat, condo, etc.

Individual title - the separate title issued following subdivision of a piece of land.

Hope that helps. Cheers

This post has been edited by dariofoo: Oct 19 2010, 03:33 PM
hibino55
post Mar 31 2014, 09:33 AM

Casual
***
Junior Member
385 posts

Joined: Feb 2009
From: KL(Miri)


Thanks Drifoo
silent_stalker
post Mar 31 2014, 10:05 AM

Enthusiast
*****
Senior Member
852 posts

Joined: Apr 2012


From what I know

Master - property under construction or just finished. Master title means the property is still under developer's name. Selling a property still under master's title require approval from developer 1st.

Individual - landed properties. The land is under owner's name. Title will change from master to individual once contruction is finished. Some cases goes up to 5-6 years to change from master to individual

Strata - clustered, high rise property. 1 land is shared by many owners. Same as individual where will change from master to strata once property is completed.
Kevin Chan
post Mar 31 2014, 10:59 AM

Regular
******
Senior Member
1,997 posts

Joined: Oct 2013


Master - YOU DON'T OWN IT !! Developer still have your ass !!
Strata - YOU own a block of AIR !!
Individual - LAND its yours ! YEAH !!
snailss
post Mar 25 2015, 01:11 PM

New Member
*
Junior Member
45 posts

Joined: Jul 2008


its funny right, strate title for high rise means u own a piece of space/air on the land. biggrin.gif
ims2628
post Mar 25 2015, 01:19 PM

Regular
******
Senior Member
1,053 posts

Joined: Jan 2015


QUOTE(Kevin Chan @ Mar 31 2014, 10:59 AM)
Master - YOU DON'T OWN IT !! Developer still have your ass !!
Strata - YOU own a block of AIR !!
Individual - LAND its yours ! YEAH !!
*
+1 so cute the way you explain it but it's true smile.gif
peri peri
post Mar 25 2015, 02:08 PM

10k nonsense talkative club
********
All Stars
11,943 posts

Joined: Mar 2012
From: Kuala Lumpur



i missed dariofoo maybe he got promoted as associated director for a lawyer firm, no time to appear here
peri peri
post Mar 25 2015, 02:10 PM

10k nonsense talkative club
********
All Stars
11,943 posts

Joined: Mar 2012
From: Kuala Lumpur



to clear the confusion, strata doesnt means u own air, the land that building sitting on is stratified according to number of owner and sizes. dont get it wrong.
hondaracer
post May 2 2015, 08:24 AM

Regular
******
Senior Member
1,616 posts

Joined: Jun 2013
One question, given it takes years to go from master title to strata title after VP with CF, what happens if developer ie MKland or SDB goes belly up?

What is the impact? Can still buy or sell units?


corleone74
post May 2 2015, 09:22 AM

Look at all my stars!!
*******
Senior Member
3,665 posts

Joined: Aug 2014
QUOTE(snailss @ Mar 25 2015, 01:11 PM)
its funny right, strate title for high rise means u own a piece of space/air on the land. biggrin.gif
*
Not really lah. Strata title is just another type of individual title for stratified property. All owners of the stratified property also collectively owns the whole land on which it sits. Strata title property also can be landed for g&g strata for eg desa park city. For individual titled g&g schemes , legislative problems may currently exist, for example validity of perimeter fencing and so on. Mr Dario foo's answer is the most accurate as per definition. tongue.gif

This post has been edited by corleone74: May 2 2015, 09:25 AM
Jasoncat
post May 2 2015, 11:36 AM

Look at all my stars!!
*******
Senior Member
9,913 posts

Joined: Jun 2014
Stratified development is governed under the Strata Management Act 2013 and Strata Titles (Amendment) Act 2013. The diff btw G&G and F&G is the former is governed by operation of law while the latter is by contract (if any).
nivota
post May 2 2015, 11:54 AM

Getting Started
**
Junior Member
183 posts

Joined: Jun 2010

actually Strata title no longer specific to Apartment or High-rise property only. See Eco Majestic by EcoWorld is the largest stratified landed property project.

in UK, stratified title is called Commonhold, apart from Freehold and Leasehold.
SUStikaram
post May 2 2015, 12:09 PM

10k Club
********
All Stars
10,722 posts

Joined: Nov 2011
QUOTE(pinkdevil88 @ Oct 17 2010, 09:49 AM)
can anyone please enlighten me what is the difference between Master/strata/individual title?? How will it affect the property price??
*
Many country ( Thailand, Turkey etc) ban foreigner buy individual freehold land tiles.


Freehold individual landed is worth more.

Now check this.

In Selangor, Foreigner not allow to buy freehold individual landed title.

http://www.thestar.com.my/Business/Busines...icts/?style=biz

According to the new guideines, residential, commercial and industrial properties are divided into three zones.

The minimum price for purchases by foreigners is based on the zones.

Foreigners, PR holders and foreign companies are only permitted to buy residential properties that are priced at a minimum RM2mil for Zone 1 and 2, and a minimum threshold of RM1mil for those located in zone 3, according to the circular.

Zone one encompasses the districts of Petaling, Gombak, Hulu Langat, Sepang and Klang.

Zone two are Kuala Selangor and Kuala Langat while the districts under zone three are Hulu Selangor and Sabak Bernam.

Besides increasing the minimum threshold, the land office permits foreigners, PR holders and foreign companies to buy strata and landed strata properties only.
earthcrystal
post Jan 12 2017, 01:46 PM

Getting Started
**
Junior Member
293 posts

Joined: Dec 2004


In Kuala Lumpur, under the main strata title of an Apartment/Condo; if I want to change the Pengurus Perbadanan ABC Apartmen to Pengurus Perbadanan ABC Apartmen 2 ... how to go about?

panda_panda88
post Aug 6 2017, 09:05 PM

New Member
*
Junior Member
41 posts

Joined: May 2017
it need how long to convert from master to strata ? how come i found some of the condo not converted to strate after few years? i can be caused by what kind of reason?
spreeeee
post Nov 22 2017, 05:54 PM

♠ . ♥ . ♣ . ♦
*******
Senior Member
3,812 posts

Joined: Apr 2009
From: West Malaysia

landed strata unit, can change main gate?
tky1993
post Nov 22 2017, 07:19 PM

On my way
****
Junior Member
544 posts

Joined: Mar 2013
http://www.enanyang.my/news/20171114/%E8%A...BD%9A%E6%AC%BE/

if u dont mind getting fined
spreeeee
post Nov 23 2017, 03:04 PM

♠ . ♥ . ♣ . ♦
*******
Senior Member
3,812 posts

Joined: Apr 2009
From: West Malaysia

QUOTE(tky1993 @ Nov 22 2017, 07:19 PM)
change auto-gate also cannot? wt* with strata title?! is it only malaysia or what?


2 Pages  1 2 >Top
 

Change to:
| Lo-Fi Version
0.0248sec    0.47    6 queries    GZIP Disabled
Time is now: 14th December 2025 - 07:59 PM