Wednesday, January 12, 2011

Strata Titles

I am sure that most of you must be waiting anxiously when is your turn to get your individual strata titles for your home. You should also already know by now that there are already a few houses already got their titles (mostly in Jalan BPP 4/3, dunno why).

For your information, the strata titles is issued in batches. So far there are only one batch who got their titles, and that's not a lot. If you have it, you should be notified by the developer by post. The first step is to go to Tujuan Ehsan (or Equine Capital) and pay about RM200. Then you will need to go to the developer's lawyer firm in USJ 10 to pay the taxes. That's where the big money is, it's about RM4500 for an intermediate unit, and the price is standard; it follows your purchase price, NOT the current market price. You will also need to bring the copies of your cukai tanah and cukai pintu, to prove that you have made your payments to those. If you haven't, you might need to settle them too. Total damage : at least RM5000! Also you must also be prepared to do a lot of runarounds, so it is best to take the day off. It will be harder if the property is under two or more names, all of them need to take leave at the same time!

So just be prepared for this eventuality, financially and mentally. From what I understand, the 2nd batch has already been submitted last year December. If you receive the letter, please expect a duration of about 6 months from the time you receive the letter from developer until you receive the strata title. But I am sure it is worth the wait!

If you need further information, please call the sales office in Taman Equine at 03-8945 7878, please look for Ain. Take nicely to her, she might be able to put yours in the next priority list! ;-)

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