src='https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-2513966551258002'/> Rightways: strata Infolinks.com, 2618740 , RESELLER

Pages

Share This

Deepseek https://www.deepseek.com/./深度求索 DeepSeek | 深度求索 https://askaichat.app/chat
Showing posts with label strata. Show all posts
Showing posts with label strata. Show all posts

Thursday, June 12, 2025

Selangor launches RM100m plan to fix strata title backlog, starting with six apartments

  • Flat Bunga Raya in Port Klang is one of the six places chosen for the Selangor apartment strata pilot project in 2025. — Picture from Facebook/White Flag Group (WFG)
  • The state government has budgeted RM10 million this year for the initiative.
  • The state expects the entire exercise to cost RM100 million over 10 years.
  • Six highrises have been chosen as pilot projects.

PUCHONG, June 9 — The Selangor government has launched a RM100 million initiative to resolve long-standing strata title issues affecting apartment owners across the state.

Menteri Besar Datuk Seri Amirudin Shari said the Selangor Strata Fund will address the problem in phases, starting with six pilot projects, The Star reported today.

These include Flat Bunga Raya in Port Klang, Pangsapuri Seroja in Puchong, Apartment Dahlia in Rawang, Rumah Bandar Taman Saga in Ampang, and Pangsapuri Permai and Pangsapuri Seri Damai in Batu Caves.

“Although this involves significant financial implications for the state, the initiative will be continued in the interest of current owners and the future generations, to enable secure inheritance of the properties,” he was quoted as saying at a community event at the Taman Putra Perdana Food Court here. 

Amirudin said RM10 million has been allocated this year under the state budget to kick-start the initiative. 

He estimated a total of RM100 million would be needed to resolve all strata title cases over the next decade.

He said the strata title is crucial in clarifying ownership, easing the inheritance process, and protecting the rights of heirs.

Amirudin also said the state expects the fund to bring returns within 10 years, as units with strata titles will begin paying parcel quit rent.

Also present at the launch was state housing and culture committee chairman Datuk Borhan Aman Shah.

Borhan said strata housing in Selangor has expanded rapidly, with over 898,000 titles registered as of 2023.

He added that 648 schemes involving 138,817 residential units have yet to secure strata titles since 2007.

Source link


Selangor starts fund to resolve strata title issues | The Star 


The Star
https://www.thestar.com.my › metro-news › 2025/06/09


Tuesday, July 2, 2019

Parcel rent bills mailing soon

Stratified property owners given till December 31 to settle dues for 2019

Chow (second right) with (from right) Jagdeep Singh, State Land and Mines office director Akmar Omar and State Secretary Datuk Seri Farizan Darus, showing the new bills for the parcel rent in Komtar, Penang.
OWNERS of stratified properties will now have to pay parcel rent directly to their respective district and land offices.

Chief Minister Chow Kon Yeow said the billing for parcel rent, replacing quit rent, would be sent out to all parcel owners next month through their respective management corporations.

“Previously, it was paid by the respective management corporations of stratified properties.

“Since the bills will be sent out late, parcel owners are given until end of this year to pay up although the deadline is usually May 31 each year,” he told a press conference at Komtar on Friday.

Chow said the parcel rent came into effect since January this year.

He said the rates for parcel rent would be based on the size of each unit, while quit rent was based on the total plot of land which the building was built on.

“Parcel owners will need to update their addresses with the respective district and land offices when paying their parcel rent this year,” he said, adding that the parcel rent billing for next year will be sent to their addresses.

Citing an example, Chow said the total quit rent collected from a specific stratified property last year was RM28,268.

“The collection in parcel rent for the same property will be lesser at RM24,239, as it will not take into account common areas, unlike for quit rent,” he said.

State housing, town, country plan­­ning and local government committee chairman Jagdeep Singh Deo, who was also present, said the arrears for quit rent has amounted to RM65mil to date.

Parcel owners are advised to update their mailing addresses at the land and district office or online at etanah.penang.gov.my

Source link 


Related posts:

Five challenges young Malaysians face with home ownership

 


Resilient values: Geh believes that both landed and high-rise units in prime locations will hold their values. Research house sa..


It’s time for Penang to reinvent itself; RM70bil to be raised from the 3 man-made islands to finance LRT, PIL infrastruture under PTMP




Penang State to study Airbnb woes before legalising operations; Using Airbnb to settle mortgages?