2016 Strata Ownership Bill amendment eases strata ownership application for old buildings

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KUALA LUMPUR, June 20 — The 2016 (Amendment) Strata Ownership bill which was approved in Dewan Negara today, will ease strata ownership title applications specifically for buildings before April 2007.

Deputy Natural Resources and Environment Minister Datuk Hamim Samuri, who tabled the bill, said the process of issuing strata ownerships would be simplified with the exemption of the need to furnish certain documents for purposes of application and approval of strata ownership.

“As of December 2015, 1.2 million strata ownerships have been registered in peninsula Malaysia. With the increase in the number of strata ownerships registered, the number of transactions of units are also estimated to go up,” he said.

He said that 300,000 strata ownership titles applications had yet to be registered due to legal complication.

The Strata Ownership Act which was last amended in 2013 will provide a procedure for the management of strata ownership if there is land acquisition on stratified property schemes.

The amendment would also enable specific actions against individuals who committed offences to be taken without involving others in the building involved.

Hamim also said the amendment to the Strata Ownership Act would also introduce tax collection on units in stratified property schemes and enforcement.

In addition, the bill will also help house buyers obtain strata ownerships for flats as the ministry found 200,000 unit owners did not have ownerships nationwide.

Earlier, Senator Datuk Adam Abdul Hamid, when debating, said the amendment bill was in keeping with the current national development.

“I also hope the amendment will empower and improve and simultaneously solve legal problems faced all these while, specifically on registration of strata ownerships.

“However, I wish to inform the government that four states, namely, Terengganu, Labuan, Putrajaya and Perlis have yet to gazette the 2013 (Amendment) Strata Ownership Act,” he added.

The Dewan Negara reconvenes tomorrow. — Bernama

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