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 Vantage Point Condo Desa Petaling, 15 years after CF, still NO STRATA TITLE

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TSStamp
post Apr 17 2012, 04:41 PM, updated 9y ago

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I hope someone can give some ideas on how to resolve this issue.

The condo area including common area sits in two parcel of land (two master title); one is freehold and the other one is leasehold. This is one major information about the condo that most buyers were not aware of when the condo was launched in 1995, and this has led to a deadlock for the developer to obtain the strata title.

The dilemma is, in order for the developer to apply for strata title for the condo, both lands need to be amalgated to become under one new master title. The issue is that the lands have two different status, one is freehold and the other one is leasehold. The leasehold land needs to be converted to a freehold land before amalgation of both lands can be done. There is a premium to be paid to the Land Office for status conversion but the developer refuses to pay the premium. And no owner in his right mind would want to have the freehold land converted to a leasehold land.

So, the owners are in a jam. It looks like a stalemate since the developer is saying they can't do anything to resolve this issue and the Land Office can not waive the conversion premium. We can only hold on to the SPA clause where the developer is responsibled to issue individual strate titles to the owners, but the developer is not binded as to when they should issue the titles to the owners.

The residents are planning to sue the developer over this matter, but I doubt the case will be heard in court in the very near future. It could drag until the cows come home.

Is it time to call on the media's attention? I'm comtemplating of calling Puspa of TV3 to report to the public of our dilemma over the strata title.

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This post has been edited by Stamp: Apr 17 2012, 04:42 PM
ccslink
post Apr 17 2012, 05:00 PM

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Get a good lawyer.
SUSRezo
post Apr 17 2012, 05:03 PM

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Complicated case!
Vincent Pang
post Apr 17 2012, 05:16 PM

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oh no, i pass by the place almost every week. So how does the owner there does the purchase/sell ?

seriously, if it's in deadlock, converting from freehold to leasehold could be a solution. It's not that bad as most of the condo there are on leasehold as well if I recall correctly.
airline
post Apr 17 2012, 05:20 PM

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2nd condo i heard got this half freehold half leasehold
JC999
post Apr 17 2012, 05:42 PM

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its actually the developer's responsibility to push for the strata title
TSStamp
post Apr 17 2012, 06:14 PM

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QUOTE(Vincent Pang @ Apr 17 2012, 05:16 PM)
oh no, i pass by the place almost every week. So how does the owner there does the purchase/sell ?

seriously, if it's in deadlock, converting from freehold to leasehold could be a solution. It's not that bad as most of the condo there are on leasehold as well if I recall correctly.
*
yes, that's the solution. but the developer does not want to fork out RM400k++ premium for the conversion!


Added on April 17, 2012, 6:16 pm
QUOTE(JC999 @ Apr 17 2012, 05:42 PM)
its actually the developer's responsibility to push for the strata title
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true, we know that. but there's nothing in the SPA clause that they must get the strata title within a stipulated time. it could be 100 years from now! cry.gif

This post has been edited by Stamp: Apr 17 2012, 06:16 PM
jepakazoid_82
post Apr 17 2012, 06:31 PM

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Time to go for the 28th April rally....
Sunsetwoohlala
post Apr 22 2012, 11:38 PM

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no titles for Vantage Point units? problematic if wanna buy subsale unit there?
1282009
post Apr 22 2012, 11:53 PM

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So this apt/condo sits on half fh half lh land but did not mention by developer during launching.. sigh!

In iprop, I still can see all the ads stated this prop as fh.


SUSwisnosky
post May 2 2012, 11:22 AM

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Ask DAP to help
roger roger
post May 2 2012, 11:40 AM

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ask DAP and meet up with datuk bandar
TSStamp
post May 18 2012, 11:48 AM

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QUOTE(Sunsetwoohlala @ Apr 22 2012, 11:38 PM)
no titles for Vantage Point units? problematic if wanna buy subsale unit there?
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subsale can still be done. but bumi lots can't be sold to non-bumis, the developer will not give consent. the developer already met the bumi quota when they sold the unit, in order to meet pejabat tanah requirement for the application of the strata title.

if title is available, subsale from bumilot to nobumi can be done, through appeals to pejabat tanah wilayah.

moreover future transfer of ownership to kids will be difficult without strata titles.


Added on May 18, 2012, 11:53 am
QUOTE(wisnosky @ May 2 2012, 11:22 AM)
Ask DAP to help
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the developer is under MAHAJAYA with 'links' to BN. i will only make things complicated if i ask non-BN parties for help, especially DAP (not in a million years).

they developer has proposed a solution to the authorities; that two separate titles are issued by pejabat tanah wilayah. the freehold part on which the condos are built, will have the normal strata title, and the leasehold part on which condo facilities are built, will have a separate title with ownership under JMB (joint committee management).

the authorities have not come back to the developer on the proposal.

so the wait continues........ sad.gif

This post has been edited by Stamp: May 18 2012, 11:53 AM
wenjie
post Nov 7 2012, 01:56 PM

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so how is the wait? planning to buy a unit there. should i stop? or not a problem at all?

hope this news can help The Star

This post has been edited by wenjie: Nov 7 2012, 01:58 PM
moon_duke
post Jul 8 2013, 02:03 PM

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any updates on this ?
18830
post Aug 17 2015, 02:01 AM

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I'm the owner of vantage point. Regarding the strata tittle issue, the current management is working hard with developer to get it pass through. As far as my understanding, this properly will be done next year. They are still in mid way to get the approval from land office. We are lucky have a good chairman and he is reform the management board. Hope by next year , this issue will be solved. By that time comes, I will sell my unit! (Due to this strata tittle issue, this premises is transacted under actual value)


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forever1979
post Aug 17 2015, 07:40 AM

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someone mention in this case that the leasehold title can be converted to freehold by paying the premium ? can this be done ?

i always thought if the land is alienated for leasehold, forever it will remain this status. no ?

This post has been edited by forever1979: Aug 17 2015, 07:41 AM
TSStamp
post Aug 17 2015, 09:45 AM

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I already sold my unit. So the title issue is no longer my concern.

We got CF in 1997. Now it is 2015. It's been 18 years and yet there's no title. Probably Vantage Point is one of the condos in KL that hasn't got a title the longest.

This post has been edited by Stamp: Aug 17 2015, 09:45 AM
klthor
post Aug 17 2015, 10:01 AM

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im not sure how they do it... but one of my friends describe to me a fh land is like a virgin plastic and lh land is like a recycle plastic, at our current technology it is almost impossible to make recycle plastic to virgin plastic.
18830
post Aug 17 2015, 09:47 PM

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What I can only say is Mahajaya is not a good developer. They want to save money, so not intend to convert the tittle. But after the pressure from owner and management board , finally they agree to spend 40k++ on the little piece of land in front entrance to be converted to freehold. So this will fulfill the requirement of DBKL . Then can proceed to Land office for strata tittle. Therefore in future , VP will still have 2 strata tittle (FH for both blocks) and LH for the management office n facilities. I think we should thanks for Mr Sek , our Chairman. He change the whole management team and his hardwork seen like bring a lot changes to vantage point.

This post has been edited by 18830: Aug 17 2015, 10:02 PM

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