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INFO-SHEET ON THE REVISION OF STRATA- TITLED … for... · ABCi issue CSC after DLP Developer...

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1 INFO-SHEET ON THE REVISION OF STRATA- TITLED DEVELOPMENT
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  • 1

    INFO-SHEET ON THE REVISION OF STRATA-TITLED DEVELOPMENT

  • 2

    Fundamentals of Strata-Titled Development:

    For Private Property Development.

    a)Development is on a leasehold or freehold lands / Government Land Lease (GLL) developed

    by Developer/Foreign Investors.

    b) Principal Unit owned by the owner and responsible for the maintenance of the Unit.

    c) Each unit is issued ‘Strata Title Deed’ during the duration of the leasehold period. (Max. 99

    years for freehold land & the remaining term of years for leasehold land)

    d) “Strata Corporation (SC)” is formed By Law (After certification of strata plan by

    Commissioner of Land, COL).

    e) Unit Owner owned and responsible for the upkeep maintenance of the Common

    Areas/Properties via appointed Property Management (PM) / Facility Management (FM) by SC.

    f) Maintenance and management of strata-titled properties are governed by Land Code

    (Strata) Act.

  • 3

    Development by Strata

    Common areas & properties

    Principal Unit

    Accessory Unit

  • Application Process Flowchart on Strata-TitledDevelopment (STD) for NEW Private PropertyDevelopment

    4

  • 5

    Abbreviations

    a) ABCi – Authority for Building

    Control and Construction Industry

    b)BHD – Board of Housing

    Developers

    c) BOVEA – Board of Valuers and

    Estate Agents

    d)COL –Commissioner of Land

    e) CSC – Certificate of Statutory

    Completion

    f) LAND – Land Department

    g) LLS - Licensed Land Surveyors

    h) MOD – Ministry of Development

    i) OP – Occupation Permit

    j) QP – Qualified Person

    k) QV – Qualified Valuers

    l) SC – Strata Corporation

    m)SG – Surveyor General

    n) STD – Strata-Titled

    Development

    o) SURVEY – Survey Department

    p) TCP – Department of Town and

    Country Planning

  • 6

    QP apply

    Planning

    Permission for

    development

    via E-KP(Refer: www.mod.gov.bn/tcp(Fees applied for documents)

    QP

    submit

    Building

    Plan for

    Approval

    Construction

    Period

    Developer

    engage QP,

    LLS & QV

    TCP Buildings

    Completed

    QP apply

    Permit to

    Commence

    Work

    (include

    Structural

    Details)

    QV submit Unit

    Entitlement to LAND

    for approval

    www.land.gov.bn

    LLS apply strata

    subdivision to TCP

    when building

    structures reached

    roof tops via email

    to:BM: [email protected]: [email protected]: [email protected]: [email protected]

    (Refer: www.mod.gov.bn/tcp

    Defects Liability

    Period (DLP) &

    INITIAL Period

    Strata

    Corporation

    Operation of SC

    under ambit of

    Land Code (Strata)

    Act and regulate by

    LAND.

    Disputes among

    Lessees handle by

    LAND

    LAND:

    www.land.gov.bn

    Start of

    Project

    ProposalABCi

    Provisional

    Licence

    Developer

    can advert for

    Sale

    Full

    Licence

    Developer

    can apply

    permit to

    commence

    work

    LAND

    SURVEY

    LLS submit prov. Strata Lot & House No. to SURVEY

    SURVEY issue Prov. Strata Lot + House Nos. to LLS.

    LLS submit Form G to LAND to register provisional lot nos. to

    facilitate lodging of Caveats (1st Floor & Fee applied).

    LLS to provide scaled strata areas

    LLS to prepare Sales Agreement Plan for Developer

    Survey: http://www.mod.gov.bn/survey/maklumat/arahan-geomatik(Bil. : 12, Part: Strata Title)LAND: www.Land.gov.bn

    QP monitor on

    overall

    construction

    progress for

    ABCi

    Developer report

    Sale & Account

    progress to

    BMD/BHD

    LLS: Verify land boundary

    survey.

    LLS: Strata survey after

    TCP approved strata

    subdivision

    COL certify formation of

    Strata Corporation (LLS

    submit Form 1) after

    approval and certification of

    Strata Plans by SG and

    COL, respectively (Fee

    Applied).

    COL issue Strata Title to

    individual ownerSurvey: http://www.mod.gov.bn/survey/maklumat/arahan-geomatik(Bil. : 12, Part: Strata Title)LAND: www.land.gov.bn

    ABCi

    ABCi issue

    OP

    ABCi issue CSC after

    DLP

    Developer assume role

    of Strata Corporation

    (SC).

    1st SC’s AGM to be held

    within 1 month after DLP

    LAND:

    www.land.gov.bn

    BMD

    (BHD)

    BMD

    (BHD)

    MASTER FLOWCHART - STRATA-TITLED DEVELOPMENT FOR NEW PRIVATE PROPERTY DEVELOPMENTAs @2nd July 2020

    http://www.mod.gov.bn/tcphttp://www.mod.gov.bn/tcphttp://www.mod.gov.bn/survey/maklumat/arahan-geomatikhttp://www.mod.gov.bn/survey/maklumat/arahan-geomatikhttp://www.land.gov.bn/

  • Application Process Flowchart for theCONVERSION of Existing Development toStrata-Titled Development

    7

  • 8

    MASTER FLOWCHART - CONVERTING EXISTING DEVELOPMENT TO STRATA-TITLED DEVELOPMENT

    QP submit Planning

    Permission

    application for

    development

    via E-KP(Refer: www.mod.gov.bn/tcp

    Upgrading

    PeriodTCP Upgrading

    Completed

    ABCi issue CSC after DLP

    Developer assume role of

    Strata Corporation (SC).

    1st SC’s AGM to be held

    within 3 months after SC is

    registered

    www.land.gov.bn

    Defects Liability

    Period (DLP) &

    INITIAL Period

    Start of

    Conversion

    Project

    Proposal

    LAND

    ABCi

    QP monitor

    on overall

    construction

    progress for

    ABCi

    QV submit Unit

    Entitlement to

    LAND for approval

    www.land.gov.bn

    **

    QP submit

    Building Plan for

    Upgrading

    Approval

    Owner engage QP,

    LLS & QV .

    Owner apply to top

    up Land Tenure (if

    required)

    http://land.gov.bn/S

    hared%20Documen

    ts/Online%20Forms

    /LARIS/Borang%20

    Permohonan%20M

    enyambung%20Te

    mpoh%20Kelamaa

    n%20Geran.pdf

    QP to refer to all

    relevant guidelines

    for strata

    development

    to comply with

    latest guidelines.

    LLS apply strata

    subdivision to TCP

    via email to:BM: [email protected]: [email protected]: [email protected]: [email protected](Refer: www.mod.gov.bn/tcp

    Strata

    Corporation

    Operation of SC

    under ambit of

    Land Code

    (Strata) Act and

    regulate by LAND.

    Disputes among

    Lessees handle by

    LAND

    www.land.gov.bn

    SURVEY

    LLS submit prov. Strata Lot & House No. to SURVEY

    SURVEY issue Prov. Strata Lot to LLS.

    LLS submit Form G to LAND to register provisional lot nos. in Land

    System to facilitate lodging of Caveats.(1st Floor & $1 Fee)

    LLS to provide scaled strata areas

    LLS to prepare Sales Agreement Plan for Owner

    http://www.mod.gov.bn/survey/maklumat/arahan-geomatik(Bil. : 12, Part: Strata Title)www.land.gov.bn

    LLS verify land boundary

    survey.

    LLS to conduct strata

    survey after TCP approved

    strata subdivision

    COL certify formation of

    Strata Corporation (LLS

    submit Form 1) after

    approval and certification

    of Strata Plans by SG and

    COL, respectively ($20

    Fee).

    COL issue Strata Title to

    individual ownerhttp://www.mod.gov.bn/survey/maklumat/arahan-geomatik(Bil. : 12, Part: Strata Title)www.land.gov.bn

    QP apply

    Permit to

    Commence

    Work

    (include

    Structural

    Details)

    ABCi

    As @2nd July 2020

    ABCi issue

    OP

    http://www.mod.gov.bn/tcphttp://www.land.gov.bn/http://www.land.gov.bn/http://land.gov.bn/Shared%20Documents/Online%20Forms/LARIS/Borang%20Permohonan%20Menyambung%20Tempoh%20Kelamaan%20Geran.pdfhttp://land.gov.bn/Shared%20Documents/Online%20Forms/LARIS/Borang%20Permohonan%20Menyambung%20Tempoh%20Kelamaan%20Geran.pdfhttp://www.mod.gov.bn/tcphttp://www.land.gov.bn/http://www.mod.gov.bn/survey/maklumat/arahan-geomatikhttp://www.mod.gov.bn/survey/maklumat/arahan-geomatikhttp://www.land.gov.bn/

  • 9

    BENEFITS OF STRATA

    Developers/Investors:

    a) New residential strata developments located within Central Business District (CBD), Town Centre, Potential

    Business District/Town Centre may be eligible for planning incentives such as density bonus and the

    introduction of commercial component and certain percentage of the overall strata units can be sold to

    foreigners.

    b) Strata-titled deeds up to 99 years maximum lease when compared to non-strata development which is only

    for a period of 60 years maximum lease.

    c) Encourage compact developments and allowing some commercial activities within residential developments

    and the sales of the residential strata units.

    Public:

    d) Original Land Owner: If project is a JV with developer, it will ensure revenue for the original land owner whilst

    retaining the ownership of the land.

    e) Buyer: With strata title issued, owner can carry out transactions such as transfer etc similar to as if owning a

    land and the processing time will be shorter. Peace of mind on upkeep of the common areas.

    Financial Institutions:

    f) With the revised and transparent processes and procedures, it will boost confidence of the financial

    institutions and peace of mind in providing loan facilities to the public as opposed to issues experienced

    previously with non-strata development.

  • Wassalam

    Thank You

    10

  • References (Hyperlinked to Flowchart for NEW Development

    11

  • 1 2 3 4 5

    • System E-Kebenaran

    Perancangan (e-KP)• TCP Received Application

    Department of Town and Country Planning

    14 calendar days

    Department of Town and Country Planning

    14

    TCP

  • 13

    ABCi

  • 1 2 3 4

    Department of Town and Country Planning

    21 working days

    Department of Town and Country Planning

    15

    Construction

    PeriodTCP

  • 15

    REQUIREMENTS ON SUBMISSION FOR BUILDING DEFECTS

    RECTIFICATION REPORT.

    1. Owner’s satisfaction and declaration that rectification works have been done

    accordingly.

    2. List of defects.

    3. Brief detail of defects.

    4. Photos of rectification before and after DLP.

    Defects Liability

    Period (DLP) &

    INITIAL Period

    ABCi

  • 16

    Developer / Owner

    Subsidiary Proprietors

    Committee Member of SC

    Managing Agent

    Land Code (Strata) Act

    STRATA CORPORATION

    STRATA CORPORATION (SC) AND SETTLING OF DISPUTES

    Formation of SCStrata Corporation is automatically created when a strata plan and schedule of unit entitlements are registered at Registry of Title, Land Department.

    Operation of SCRefer to www.land.gov.bn for guidelines on the formation of SC and dispute resolutions

    Strata

    Corporation

    http://www.land.gov.bn/

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