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Strata Title
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aaronpang
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Apr 20 2007, 03:45 PM
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QUOTE(mIssfROGY @ Apr 20 2007, 03:26 PM) Yes can sell la. U can buy and sell on the spot also if u wan and its not illegal. But u must get consent from the developer when u sell. Btw..strata title is meant for condos/apartments. For landed properties, its called individual title, correct me if wrong. Have to be careful coz I heard some developers charge ahem ahem... processing fees to grant this approval On the other hand if you have your individual strata title you don't need such ahem ahem... processing fees
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aaronpang
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Apr 20 2007, 04:31 PM
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QUOTE(mIssfROGY @ Apr 20 2007, 04:11 PM) not some....its all also will charge. Its a consent fees. If u r planning to sell be4 your title, its better to pay the fees than getting the title 1st becos the title is gonna cost u a bomb. DUnno about u guys....but if i get my title now, its gonna cost me an extra rm7k for the stamp duty. So i hold the transfer 1st becoz i wanna sell off my place 1st. Someone told me if havent get the title yet, need to pay up to 1% of the house sale price, but my agent told me i only need to pay rm500 to the developer for their consent. But either way.....its cheaper than getting my title 1st if i sell the house. Hmm...anyone know if its a 1% or a RM500 if sell house be4 getting the title? I stand corrected all developers will charge a processing fee... Wouldn't getting the strata title issued for your unit contribute to better pricing in the secondary market...? Just asking here... As opposed to not having a strata title... but I still feel its unjust to pay developers because its the reason why some unscrupulous developers delay in getting the strata title so they can profit from collecting approval fees... Anyway if it was me I'd refused to pay on principal... but then if it's me in the first place I'd usually avoid buying a high-rise... This post has been edited by aaronpang: Apr 20 2007, 04:33 PM
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