Developers given three months to hand over strata
30/04/2009 The Star By FAZLEENA AZIZ
DEVELOPERS in Kuala Lumpur have been given three months to hand over
strata titles to the respective owners or they stand to face legal action.
According to Kuala Lumpur mayor Datuk Ahmad Fuad Ismail, the drastic move
is one of the many measures to resolve the strata titles problem.
He said the decision was made after the Kuala Lumpur City Hall (DBKL)
discussed the matter with the Housing and Local Government Ministry and
the Land and Mines Office.
The penalty for failure to adhere to the ruling is a maximum fine of
RM20,000 or a three-month jail term.
Fuad said under the Building and Common Property (Management and
Maintenance) Act, a developer had to give the strata title to an owner
within a year.
According to Fuad, so far only 75,665 strata titles have been given for
residential and commercial properties in KL.
Of the 44,168 developers in KL, 40% are still having the strata titles
while 30% were given to the joint management bodies (JMBs). The remaining
30% of owners already have their strata titles.
“We will also talk to the owners about the management fees so that the
operations can be carried out smoothly,” Fuad said.
“Developers should be aware of the legal requirements to expedite the
handing over of the strata titles. The mayor acts as the commissioner of
buildings in resolving the matter as stipulated under the law,” he said.
Fuad said the developers were fast in releasing the titles of low-cost
units but slow with high-cost developments.
Under the jurisdiction of the DBKL, there are 236,421 high-rise units, of
which 209,882 are residential and 26,539 commercial.