QUOTE(samkps @ Nov 19 2015, 11:47 PM)
Wa Samkor, Chris boss is the expert in DPC, not me leh Anyway, just checked with friend, this is individual titled.
EcoMajestic @ Semenyih (VERSION 9 -Everlasting...), ~ The party is still on! ~
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Nov 19 2015, 11:59 PM
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#201
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QUOTE(samkps @ Nov 19 2015, 11:47 PM) Wa Samkor, Chris boss is the expert in DPC, not me leh Anyway, just checked with friend, this is individual titled. |
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Nov 20 2015, 07:36 AM
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#202
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QUOTE(dreamer2020 @ Nov 20 2015, 01:16 AM) Ecomajestic DMC Thanks for sharing. Haha... with rules already in place, strict enforcement is the key then any vehicle found parked in areas not designated as parking areas to be towed away mayb in future can + a compound of RM50 can use the money to improve the facilities n environment |
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Nov 20 2015, 08:25 AM
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#203
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Nov 20 2015, 08:57 AM
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#204
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Nov 20 2015, 03:05 PM
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#205
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Nov 20 2015, 08:18 PM
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#206
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Nov 20 2015, 08:40 PM
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#207
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QUOTE(Chris Chew @ Nov 20 2015, 02:09 PM) Hehe, KVrookie boss, one questions that consists some answers, but I only heard or found out this when chit chat or yumchaing with some lawyers because I really seek for more understand of Stratified Landed and Individual Title Landed binded with DMC. I could be wrong anyway bcz I have no legal license, lol. Chris boss, based on my limited knowledge, I understand that the SMA governs only the stratified development and individual-titled development is excluded even if there is DMC in place. As for the DMC, even though it can be put in place for both stratified & individual dev, the difference is there is a proper legal framework, ie the SMA for the former while the latter is purely governed under contract law.Strata Title Act ( STA 1985 ) was an old formed of a legislation to govern the sub-divided of the buldings and parcels, until the issuance of strata titles, but back then, it is applicable for apartments or office blocks. There were too many errors and too many confusions. Hence, it changed and changed and comes out an idea of the establishment of Building & Common Property ( about Maintenance and Management ) 2007, which is in line with STA. Old lawyers called it BCP 2007 but new lawyers called it STA 2013. Manyak confusion, but was told, both emergenced of BCP 2007 and STA 2013, is about not only sub-divided of the stratified buildings or parcels, but also comes into a proper management to manage and maintain the said buildings, where the appointed management must be involve and in this case, where under constructions, the vendors ( developer ) must be properly stated into the agreements that subject to new management company is appointed or subsequently takes over by JMB upon 12 months of VPing. Hence, that binded agreement is DMC, the second seal agreement beside S&P. This is accordance, lawfully and legislated by STA 2013 ( or 2015 Amendment which enforced 1/6/2015, notably on high rises ) bcz all properties or parcels falls under STA 2013 must signed DMC. However, a property with DMC, in this case, an individual landed, is not necessary must be stratified but just a form mutual agreements btw vendor and purchasers in a group form and subsequently passed on to future purchasers. My worries was remains the last sentence as how the enforcement can be properly done to, if a new buyer of subsale for individual title but with DMC prior to 2007. It was a challenge bcz DMC back then was confusing. In this case, reputable lawyers clearing the doubts, keep on enhancing it and improving it, notably on behalf of purchasers. I believe new purchasers with DMC would be more protected, however, let's see by 2018 and if there are differences or common issues incurred. In the case of subsale after the strata / individual title obtained, while I'm not sure how the existing DMC which was signed between the original buyer and developer can survive and continue to bind the subsequent buyer for the case of stratified development, that cannot happen to individual-titled project. |
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Nov 21 2015, 10:32 AM
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#208
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Just did some searches and readings about Strata Management Act and the related matters...
Hope EW can get the expert of subject matters to give talk, something like the Tea Time Talk Series held last year. Strata Management Act https://www.google.com/url?sa=t&source=web&...CSPSf_rSmgPJypQ Strata Management (Maintenance and Management) Regulations 2015 http://mltic.my/realestate/legislation/str...15-MY12710.html The PDF Copy By-laws governing strata property management in Malaysia, part 1 https://rightways.wordpress.com/2015/08/03/...nt-in-malaysia/ By-laws governing strata property management in Malaysia, part 2 https://rightways.wordpress.com/2015/08/11/...alaysia-part-2/ By-laws governing strata property management in Malaysia, part 3 https://rightways.wordpress.com/2015/08/24/...alaysia-part-3/ Service charges under strata title property in Malaysia https://rightways.wordpress.com/2015/08/27/...ty-in-malaysia/ Demise of the Deed of Mutual Covenants http://thesun-epaper.com/Property/July%202015/index.html#3 5 things you need to know about the Strata Management Tribunal http://www.theedgeproperty.com.my/tags/str...gement-act-2013 This post has been edited by Jasoncat: Nov 21 2015, 01:23 PM |
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Nov 21 2015, 11:59 AM
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#209
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Nov 21 2015, 07:20 PM
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QUOTE(fumiseki @ Nov 21 2015, 07:13 PM) our car overall length is arnd 1-2 feet only rite? then ezily left 45 feet for the road if opposite unit also park their car outside? Let's take Toyota Camry as reference. It's about 15ft++ long and 6ft wide.so big ? or my measurement wrong ... This post has been edited by Jasoncat: Nov 21 2015, 07:27 PM |
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Nov 21 2015, 07:22 PM
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#211
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Nov 21 2015, 07:49 PM
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#212
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Nov 21 2015, 08:13 PM
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Nov 22 2015, 09:31 PM
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QUOTE(samkps @ Nov 22 2015, 08:19 PM) Seems like there are student projects from Taylor on EW recruitment video.. Which one you like the most? Some portrait by joining EW, it can give you a new life, transform you from the zombie worklife you have currently. Haiz... I'm only qualified as a tea boy, some more just part timer.https://www.youtube.com/watch?v=hIbaXBdI3xQ https://www.youtube.com/watch?v=TAQvEGTjFmc https://www.youtube.com/watch?v=XZ3JLbbDkxU https://www.youtube.com/watch?v=1KmsBBvxjt0 |
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Nov 22 2015, 09:39 PM
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#215
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Nov 23 2015, 07:27 AM
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QUOTE(jhbey @ Nov 23 2015, 01:15 AM) Bro, just out of curiosity, commercial unit the loan higher interest rate is it? Do u mind share your Brighton interest rate is how many % ? Yes, generally the interest rate will be higher for commercial loan comparing a residential mortgage loan of same quantum and tenure. Mine one is 4.55%. |
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Nov 23 2015, 12:37 PM
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Nov 23 2015, 12:40 PM
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Nov 23 2015, 12:59 PM
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Nov 23 2015, 01:01 PM
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