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Strata redevelopment no longer needs 100% approval
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TScontestchris
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Oct 13 2023, 11:17 PM, updated 3y ago
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As announced in Bajet 2024 today:
Bagi memudahkan pembangunan semula skim strata, ambang persetujuan penduduk untuk jualan en-bloc akan dikurangkan daripada 100 peratus kepada tahap yang konsisten berdasarkan amalan antarabangsa seperti di Singapura. Ini akan menggalakkan pembaharuan semula bandar dan menggalakkan pembangunan semula bangunan usang di bandar.
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LuckyBai
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Oct 13 2023, 11:43 PM
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With malaysian mentality .... Do they even understand what this mean?
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AthrunIJ
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Oct 13 2023, 11:47 PM
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Ye haw.
Maneh talks
🤭🍷🍿👀
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yeeck
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Oct 14 2023, 01:27 AM
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Cavatzu
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Oct 14 2023, 04:01 AM
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Generally it’s 80% level internationally.
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Aldo-Kirosu
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Oct 14 2023, 08:47 AM
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So for redevelopment plan not longer 100% approval is it vote during agm for the plan?
But how it count? 80% for 20year building. It based on the eligible voter(clear the maintenance & sinking fund up to date)? Or whole building owner?
If agm attendance is very less, let said 10 people from a 1000 unit building, is it possible to decide the redevelopment plan based on the attendances vote?
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jojolicia
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Oct 14 2023, 09:02 AM
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So long that valuation is done right.
This post has been edited by jojolicia: Oct 14 2023, 01:53 PM
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Angellynx
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Oct 14 2023, 02:32 PM
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Getting Started

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QUOTE(Aldo-Kirosu @ Oct 14 2023, 08:47 AM) So for redevelopment plan not longer 100% approval is it vote during agm for the plan? But how it count? 80% for 20year building. It based on the eligible voter(clear the maintenance & sinking fund up to date)? Or whole building owner? If agm attendance is very less, let said 10 people from a 1000 unit building, is it possible to decide the redevelopment plan based on the attendances vote? I'd say for those who don't attend AGM has already given up the rights to voice out their concern or opinion. Can't be others fault to vote for them on behalf.
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MAC5
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Oct 14 2023, 03:45 PM
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Getting Started

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This is a pragmatic approach. In future, aging condo with valuable land can be acquired by Developer for re-development. Very good. Majority say matters.
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MAC5
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Oct 14 2023, 03:46 PM
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Getting Started

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QUOTE(Angellynx @ Oct 14 2023, 02:32 PM) I'd say for those who don't attend AGM has already given up the rights to voice out their concern or opinion. Can't be others fault to vote for them on behalf. Yes agree.
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mini orchard
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Oct 14 2023, 07:02 PM
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QUOTE(Angellynx @ Oct 14 2023, 02:32 PM) I'd say for those who don't attend AGM has already given up the rights to voice out their concern or opinion. Can't be others fault to vote for them on behalf. QUOTE(MAC5 @ Oct 14 2023, 03:45 PM) This is a pragmatic approach. In future, aging condo with valuable land can be acquired by Developer for re-development. Very good. Majority say matters. Not that simple as just passing a 'majority' resolution.
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Angellynx
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Oct 16 2023, 09:33 AM
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Getting Started

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QUOTE(mini orchard @ Oct 14 2023, 07:02 PM) Not that simple as just passing a 'majority' resolution. At least "absolute agreement" of 100% is not needed, that would be very good already. 100% means if out of 1000, 999 agreed but a single fella says no, these 999 people also kena follow the 1 guy Every community definitely have a few special minority that always head a different way with the majority crowd. Just look at this minority crowd, how extreme they are opposing the crowds.
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mini orchard
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Oct 16 2023, 09:42 AM
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QUOTE(Angellynx @ Oct 16 2023, 09:33 AM) At least "absolute agreement" of 100% is not needed, that would be very good already. 100% means if out of 1000, 999 agreed but a single fella says no, these 999 people also kena follow the 1 guy Every community definitely have a few special minority that always head a different way with the majority crowd. Just look at this minority crowd, how extreme they are opposing the crowds. The redevelopment resolution is not about the "show' of hands.
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Angellynx
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Oct 16 2023, 09:50 AM
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Getting Started

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QUOTE(mini orchard @ Oct 16 2023, 09:42 AM) The redevelopment resolution is not about the "show' of hands. I know. But let say if there is a potential redevelopment, 80% of the residents sign the surat bantahan, I think gov will need to take into consideration as well right? Just a scenario la
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mini orchard
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Oct 16 2023, 12:14 PM
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QUOTE(Angellynx @ Oct 16 2023, 09:50 AM) I know. But let say if there is a potential redevelopment, 80% of the residents sign the surat bantahan, I think gov will need to take into consideration as well right? Just a scenario la  As long majority didn't sign or submit the consent form, nothing to pursue. Is the wish of the majority to remain status quo.
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Cavatzu
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Oct 16 2023, 01:30 PM
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QUOTE(Angellynx @ Oct 16 2023, 09:50 AM) I know. But let say if there is a potential redevelopment, 80% of the residents sign the surat bantahan, I think gov will need to take into consideration as well right? Just a scenario la  Yea it’s not that you need to protest something. It’s more like an opt in for a development proposal - accept or reject.
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acbc
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Oct 16 2023, 01:33 PM
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Got majority or not, makes no difference. If need the land for public projects, gomen will use NLC to take over forcefully just like they did for Ampang Park previously.
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mini orchard
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Oct 16 2023, 02:39 PM
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QUOTE(acbc @ Oct 16 2023, 01:33 PM) Got majority or not, makes no difference. If need the land for public projects, gomen will use NLC to take over forcefully just like they did for Ampang Park previously. Redevelopment is not for public purpose, so govt acquisition will not happen.
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Angellynx
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Oct 17 2023, 02:47 PM
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Getting Started

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QUOTE(Cavatzu @ Oct 16 2023, 01:30 PM) Yea it’s not that you need to protest something. It’s more like an opt in for a development proposal - accept or reject. Ya, gov just need to see the majority opinion. "Majority" and "Absolute" makes a huge difference.
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PAChamp
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Oct 17 2023, 03:15 PM
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This is good for urban renewal. Old buildings in prime locations are the targets for this. But the devil is in the details. A lot of work still needs to be done to satisfy the majority. Suitable for commercial buildings but still difficult for residential.
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