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Strata vs Individual Title for Landed Property
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PAChamp
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Aug 22 2023, 12:39 PM
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QUOTE(contestchris @ Aug 22 2023, 12:10 PM) Oh man, the MC doesn't get money magically. It's coming from the owners. The MC is the owners as a collective, why is this so hard to agree on. Its not a separate entity that does as it pleases, it does what the owners as a collective wish to do. Now, does it mean for a leasehold landed strata with lots of acres of greenery, the lease renewal will be exorbitantly high? Yes I know MC will pay but who will foot the bill ultimately? The MC is a separate legal entity. Just like a company. In many cases the MC decides against some owners and some owners sue the MC. Majority rules. The MC as owner of the common property will have to pay the premium for leasehold renewal but it will have to collect the premiums from the owners. We have yet to see this happen in Malaysia although it has happened for some areas like PJ old town where leasehold tenures for landed property have expired. There the state has agreed (due to political reasons) to charge a nominal premium like 1 to 2 k for renewal subject that if the owner sells the property, the actual premium based on market value will be back charged. This may apply for leasehold strata schemes in the future. That's why try to get freehold if possible so your children or grandchildren can avoid this headache.
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Ichighost
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Aug 22 2023, 12:50 PM
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QUOTE(PAChamp @ Aug 22 2023, 01:39 PM) This may apply for leasehold strata schemes in the future. That's why try to get freehold if possible so your children or grandchildren can avoid this headache. not much freehold around anymore especially around KV. most of freehold are own by plantation big players, they turn the land from agriculture to residential. I think gov should at least take a look at leasehold process and impact moving forward. if gov not doing any project within half decade...might as well let the conversion happen and get some money out of it..
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PAChamp
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Aug 22 2023, 02:50 PM
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QUOTE(Ichighost @ Aug 22 2023, 12:50 PM) not much freehold around anymore especially around KV. most of freehold are own by plantation big players, they turn the land from agriculture to residential. I think gov should at least take a look at leasehold process and impact moving forward. if gov not doing any project within half decade...might as well let the conversion happen and get some money out of it.. Your are right that nowadays, any newly alienated land ie. state grant title to the lands are leasehold. This is to allow state to control transfer to ownership and to get recurring income from premium. Freehold titles are titles issued long ago thus freehold titles are getting rarer and may one day see a huge premium compared to leasehold.
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vicky.max
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Aug 22 2023, 08:49 PM
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Getting Started

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I will definitely go for individual titled houses (G&G of course).
Won't go for strata landed as I can't imagine JMB dictating on how I should 'manage' my house. Also can't imagine my kids running around in a gateless environment / no-wall between my neighbours.
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Aaron212
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Aug 23 2023, 09:03 AM
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QUOTE(vicky.max @ Aug 22 2023, 04:49 PM) I will definitely go for individual titled houses (G&G of course). Won't go for strata landed as I can't imagine JMB dictating on how I should 'manage' my house. Also can't imagine my kids running around in a gateless environment / no-wall between my neighbours. + 1 the no wall no gate concept still not acceptable for many u want keep a dog also cannot later ur dog walk walk walk reach jiran house n shit there
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Ckmwpy0370
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Aug 23 2023, 09:15 AM
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QUOTE(Aaron212 @ Aug 23 2023, 09:03 AM) + 1 the no wall no gate concept still not acceptable for many u want keep a dog also cannot later ur dog walk walk walk reach jiran house n shit there with individual title, dog or cat also walk walk n shit anywhere in front of jiran house after then Jiran house bising bising and put in their Taman Group Chat whose owner dog shit again and irresponsible
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Aaron212
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Aug 23 2023, 09:18 AM
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QUOTE(Ckmwpy0370 @ Aug 23 2023, 05:15 AM) with individual title, dog or cat also walk walk n shit anywhere in front of jiran house after then Jiran house bising bising and put in their Taman Group Chat whose owner dog shit again and irresponsible  tat 1 dumb doggo owner never pick up his own doggo chocolate cake at least got gate ur dog sits within ur own house ma no gate so cannot have big doggo can have chihuahua keep inside house
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Ckmwpy0370
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Aug 23 2023, 09:21 AM
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QUOTE(Aaron212 @ Aug 23 2023, 09:18 AM) tat 1 dumb doggo owner never pick up his own doggo chocolate cake at least got gate ur dog sits within ur own house ma no gate so cannot have big doggo can have chihuahua keep inside house doggo owner just left the doggo walk here walk there and dun pick up chocolate cake lo in Strata Title , Doggo owner more responsible with this Chocolate Cake
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Aaron212
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Aug 23 2023, 09:27 AM
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QUOTE(Ckmwpy0370 @ Aug 23 2023, 05:21 AM) doggo owner just left the doggo walk here walk there and dun pick up chocolate cake lo in Strata Title , Doggo owner more responsible with this Chocolate Cake  but how to keep doggo outside house caz no gate can build small doggo house anot behind house ruined liao landscape surely MC reject
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TScontestchris
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Aug 23 2023, 10:17 AM
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Need to have indoor dogs lah for strata obviously
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keanutan
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Aug 23 2023, 10:37 AM
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Getting Started

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QUOTE(Ckmwpy0370 @ Aug 23 2023, 09:21 AM) doggo owner just left the doggo walk here walk there and dun pick up chocolate cake lo in Strata Title , Doggo owner more responsible with this Chocolate Cake  Stratta landed same as high rise stratta , dog cannot outside only can inside house , cat everywhere can 🤣
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keanutan
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Aug 23 2023, 10:39 AM
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Getting Started

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QUOTE(Aaron212 @ Aug 23 2023, 09:03 AM) + 1 the no wall no gate concept still not acceptable for many u want keep a dog also cannot later ur dog walk walk walk reach jiran house n shit there Some landed stratta got small gate about 2ft high 😅
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StupidGuyPlayComp
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Aug 23 2023, 10:48 AM
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Many starta tile house have gate
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Ckmwpy0370
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Aug 23 2023, 02:03 PM
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QUOTE(keanutan @ Aug 23 2023, 10:37 AM) Stratta landed same as high rise stratta , dog cannot outside only can inside house , cat everywhere can 🤣 subject to strata acts of each high rise some allows, must have dog guides walk
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Ckmwpy0370
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Aug 23 2023, 02:04 PM
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QUOTE(keanutan @ Aug 23 2023, 10:39 AM) Some landed stratta got small gate about 2ft high 😅 yeah some only, some put at the back yard
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