if you don't pay for your MOT, your title will not be under your name and will be under the master title, when you want to tell ur property later in the future when ur developer might not be here due to bankruptcy or gone edi, you'll have problem selling it.

In accordance to the Strata Management Act, the individual document of title to the property will be issued simultaneously at the time the purchasers take delivery of vacant possession of the property so I'm assuming that you will fall under the purview of this new Act.

Whether with or without the new Act, the law imposes an obligation for the developer to submit for the issuance of strata titles to the parcels held under master titles so i don't know why your agent gave you inaccurate information. Maybe his choice of word is wrong, probably he meant "not yet" rather than "did not".

Having the MOT completed is essential if the issue document of strata title has been issued because it will then cause the endorsement of your name as the owner on the title and the name of your financier as the chargee.

In respect of your prospect of selling the property to an intended purchaser in the future, if you are lucky, the developer may agree to a direct transfer and in this sense, you can save on paying the stamp duty for your MOT but if the developer don't then you can still do and need to complete your MOT first before proceeding the intended sale and purchase. the time frame for completion may vary depending on whether your property is a leasehold or freehold.