Renowned lawyer and book author, Khairul Anuar explained about Schedule G and Schedule H of Malaysia Housing Development Act, which is to protect and safeguard the interest of home buyers.
The Kementerian Perumahan has the power to check any housing property developer who is selling property whether they are trying to sell it in the proper way or not. If it is found that they are selling to the mass market, they can be put under the Housing Developer Law.
So, whether they are really a housing developer or not, as long as they are selling to the mass market, then they will be selling under Schedule G or Schedule H. Any property developer has to use either one.
What is Schedule G and what is Schedule H? The Schedules can be found under the Housing Development Control and Licensing Act of 1966. This is the main act in which all housing developers are controlled under.
Schedule G – landed property individual titles
Schedule G is for the selling of landed property, which is sold using individual titles. These titles are then issued to the purchaser. As a purchaser, you sign the transfer form, which are documents from the housing developer to transfer the property to the purchaser. The purchaser will then have the individual titles in their name.
In most cases, these titles are kept by the banks that have financed the purchase of the property. Even so, your name is on the title and nobody can tell you otherwise.
Schedule H – strata titles
The complications come when we use Schedule H. Schedule H is for the use for landed properties that are of a condominium style development. So, you have a high-rise where every unit is actually just a drawing on a piece of paper that is shown at the end of the purchase agreement.
Your unit will always be marked with a highlighter to show that it is yours. Other than that, it will also show all your existing parcel like your parking space or any other building that is sold with your property.
Schedule H will also have this part where they tell you about common properties. Common properties will be things or spaces that you share with other within the development. This can be the garden, visitors’ parking, and can be the corridor, it can be the other facilities. Those are the common properties that you share. This is the dynamic of strata living.
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