Interesting topic

I also want to know if we can ask Bank to sue developer if such things happen ?

As far as I know, during disbursement of the loan, bank already paid full amount to developer. So the amount outstanding will be between you and bank only.

In the mean time, settle off your loan quickly can save interest.
For example:
Outstanding 80k, lets say your monthly installment RM 1000 for at least another 8 years to complete = 96k, you can save interest around 16k.

If you keep waiting and lets say the title never issued till the end of your tenure, what you going to do with that ? Hold the payment to bank ? I don't know it is possible or not.
In the end, you pay more interest to the bank, and your title still not issued.

IMHO, not so much to do with the strata title, too remote. It is more of financial planning .

How young are you?
Can you make use of this saving of 100k more efficiently? can you make this 100k grow?
Is your loan flexi-loan? If flexi-loan, park your money there it still save on interest while offer you flexibility when there is an opportunity present to you.

Issuance of strata title - when did you buy the property? Different timing will have different terms on the SPA terms pertaining to the application of the strata title.

Refer to the SPA schedule of payment (bought directly from developer, right?).

a. Are you saying that you have 2 loans, settling this will entitle you to get a 90% loan for your next purchase? Otherwise, be it 3rd or 4th loan, it still boils down to the repayment capacity, right? I probably dun get it right, but , how does this help to increase your new loan capacity? Ie, settle 80k so that I can loan up to 300k or I don't settle 80k but I can loan up to 220k.

B. A good reason.  But, dun seems to make it grow? But a sense of security. I will do it, especially if this is an own-stay home.

C. So, are you talking about combining b and c together - refinance? How old is you property? You can't refinance without the title means this prop is quite old? Own-stay or investment prop? If investment, could selling be an option to upgrade your portfolio and grow the 100k + this cow?

Haha.... Just m2c. I probably get you wrong. Good luck, bro.

Haha..

So, my reply still of A and C still relevant... I guess.    but not B.

Banks do not concern about the strata title is out or not.
They only concern about you paying the loan or not.

Banks won't chase the developer to do the strata title, as whether the property has been stratified or not doesn't make a difference to bank, as long as you are paying the loan.

If developer never stratify the property, whether it is bank own or personal own, both are same situation aka do not have no strata title.

The loan you have taken, you still need to pay in full one day, the consideration is about cashflow and loan interest aka from financial aspect only.

Leasehold, strata title or not have no implication on the issue whether to settle the loan or not

Why i said resident also playing a part is many did ignore the notice by developers that when strata title is ready, they need to engage lawyer and paid a sum for the process.
Some developers are smart, they collect those fee upfront, but many residents/ purchaser also don't want to pay 1st....

Some are property flippers, want to sell the house, so drag for few years later only to direct transfer to new owner.