Malaysia: New Development To The Strata Titles Act 1985
Prior to the coming into force of the Strata Titles (Amendment) Act 2013 (“STA 2013”) and the Strata Management Act 2013 (“SMA 2013”), the Strata Titles Act 1985 (“STA 1985”) and the Building and Common Property (Maintenance and Management) Act 2007 (“BCPA 2007”) were the laws governing strata management. STA 1985 has been amended a few times over the years since its enactment as a result of criticisms and complaints voiced against its inadequacy and obsolete application. BCPA 2007 was enacted to provide for the proper maintenance and management of buildings and the common property after delivery of vacant possession by the developer to the purchasers and before the management corporation comes into existence.
More than a year after its passage, a law designed to expedite foreign buying of condominiums in Myanmar has done
A Condominium Law that would grant the right to buy to foreigners (with caveats) was recently approved by the Union
Time seems to be running out for the controversial condominium bill, which was again stalled in parliament on December 21.