About 90% of new strata property in Malaysia is still managed by Joint Management Bodies (JMB) since only 10% were able to form Management Corporations (MC) due to the relevant authorities’ delay in issuing the strata titles.
Real Estate and Housing Developers’ Association (Rehda) president Datuk Soam Heng Choon revealed that feedback from the members of the association showed that none of them have obtained strata titles when they received the Certificate of Completion and Compliance for their respective projects.
“Strata titles are issued by the respective state’s PTG (Land and Mines Office). So, if the state government (is slow) and the e-Tanah (the electronic land administration system) doesn’t work in that state, nothing will come out.”
He noted that this is one of the reasons the JMB remain relevant. According to him, the association had been working with the Ministry of Housing and Local Government on amendments to Strata Management Act 2013’s Part IV which relates to provisions on strata management prior to the formation of the MC, reported The Edge Prop.
“This section (Part IV) is still very relevant and more subject matter experts should be engaged by the government to review the policy,” he said at EdgeProp.my’s “Fireside Chat on Strata Management Act 2013 review: When?”, where he served as a panellist.
Also on the panel were Chur Associates founder and managing partner Chris Tan, Malaysian Institute of Property and Facility Managers (MIPFM) president Adzman Shah Mohd Ariffin and Building Management Association of Malaysia (BMAM) president Tan Sri Teo Chiang Kok.
Since an MC could only be formed following the issuance of strata titles – which could take years – this created various issues in strata management and living, such as the fixing of maintenance fee rates for the mixed development’s different components.
With this, the panellists called on authorities to improve their efficiency in issuing strata titles.