Common Property And Strata Management In Malaysia

What is Common Property?

There is no doubt that common property is an important feature in all strata schemes. Developers build, offer and provide various common facilities and common services in their strata projects to not only attract prospective purchasers but also to increase the market value of the strata properties.

While strata developments continue to mushroom across the country, public awareness of the law regarding strata management and common property remains low. This is particularly a problem for new strata owners and inexperienced management committee members. This article aims to explain the basics of common property.

Statutory Definition of Common Property