Strata (Subsidiary Titles) Bill 2019 was mooted to replace the current Strata Titles Ordinance 1995 (Chapter 18).
Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan, who is also Second Minister of Urban Development and Resources, tabled the Bill in the August House here yesterday.
“Due to rapid changes in land development including strata, the current Strata Titles Ordinance 1995 (Chapter 18) is inadequate to cater for the current and future demands of the industry,” he said yesterday.
“In order to address this, the government has decided that the law governing strata development be improved. Hence, a new Bill which is the Strata (Subsidiary Titles) Bill, 2019 is introduced to replace the Strata Titles Ordinance 1995 (Chapter 18).
Awang Tengah opined that It is timely and crucial for the current law to be enhanced.
“This will enable enhancement among others, the issuance of subsidiary titles, establishment of management corporations and the overall improvement of protections to all stakeholders involved in strata title development.
“This new law has been benchmarked against best practices in Hong Kong, Singapore and Australia as well as engagement with our counterparts in Johor and Selangor.
The deputy chief minister also said that engagements were also held with other professional bodies in the State.
“This is such as Sarawak Housing and Real Estate Developers Association (Sheda), Royal Institution of Surveyors Malaysia Sarawak Chapter (RISM), Land Surveyor Board Sarawak and Malaysia Institute of Planners Sarawak and Sabah Chapter.
The Strata (Subsidiary Titles) Bill 2019 is introduced to provide protection for all stakeholders in strata development and to formulate a more dynamic and relevant provisions in tandem with the current and expected future of real estate and building industry trends.
“Thirdly, it is to compel greater professional responsibilities among developers, architects, engineers, surveyors and other professionals involved in strata development.
“Next, it is to improve and streamline the processes for speedy issuance of parent and subsidiary titles and to provide better provisions for enforcement and investigation powers of the Ordinance,” added Awang Tengah.