Background Image
Table of Contents Table of Contents
Previous Page  3 / 5 Next Page
Information
Show Menu
Previous Page 3 / 5 Next Page
Page Background

ON FRIDAY

JULY 17, 2015

>Amendments to local Strata Title andHousing

Development Acts

Email your feedback and

queries to:

[email protected]

X

BERKELEY HOMES

South East

London Ltd has launched the first

phase of SouthQuay Plaza, UK’s

tallest residential development

located in the historical London

Docklands. A vibrant mixed-use and

sustainable waterside development

that is set to complement the

London skyline, SouthQuay Plaza

comprises a 68-storey, 220m tower

and a smaller 36-storey tower.

Encompassingmore than a

million sq ft, the development

features 888 residential properties,

including 188 affordable homes as

well as commercial space for cafes,

shops and restaurants.

The plans also include over 1.6

acres of public space, including a

newdockside promenade and a

pocket park. With proximity to

London City Airport, it provides

excellent business links toNew

York, Paris and Zurich. This will be

SouthQuayPlaza set tograceLondon’s skyline

further enhancedwith the arrival of

the Crossrail in 2018 connecting

Heathrow to CanaryWharf in less

than 40minutes.

SouthQuay Plaza offers a

selection of light and spacious,

studio, one, two or three bedroom

apartments and penthouses.

Conceptualised to embodymodern

urban living, each space within

every property has been carefully

considered andmeticulously

designed. Meanwhile, the iconic

stepped tower structurewill be built

at a 45 degree rotation tomaximise

viewof the surrounding streets and

waterways. Each apartment comes

with floor-to-ceiling windows

which offer a panoramic viewof the

city’s skyline.

Residents will benefit froman

exclusive, state-of-the-art health

club and spa, complete with a 20m

double height panoramic swimming

pool, while the

entire 56th floor is

dedicated to a

residents’ club

lounge that

includes a bar,

screening room,

business lounge

and an enormous

terrace with an

outside bar and

dining facilities.

Additionally, a 24-

hour concierge

service will be on

hand to provide

assistance, frombooking

restaurants to organising

transportation.

BerkeleyHomes (South East

London) managing director Harry

Lewis said: “At BerkeleyHomes, all

of our developments are designed

not only to be fantastic places to live

but also to permanently enhance the

neighbourhoods inwhich they are

located. At SouthQuay Plaza, we

have gone one step further by

creating a visionary scheme of

outstanding design quality both

inside and out, with superb

residents’ facilities and 1.6 acres of

beautifully landscaped gardens and

public realm. With the help of

Foster + Partners, this sets a new

benchmark for quality London

living.”

The expected completion of the

first phase of SouthQuay Plaza will

be in 2020. For more information or

to register, please visit

www.

southquayplaza.london

BY

DATUK PRETAM SINGH

DARSHAN SINGH

T

HE

property industry in

Malaysia has gone

through a turbulent time

in the last twomonths.

his is due to the amendments to

the following Strata Titles 2013

Acts – StrataManagement Act

2013 was enforced on June 1,

StrataManagement

(Maintenance &Management)

Regulations 2015 on June 2, 2015

and StrataManagement (Strata

Management Tribunal)

Regulations 2015 on July 1.

Simultaneously, the Housing

Development (Control and

Licensing) (Amendment) Act

2012 came into force on June 1, the

Housing Development (Housing

Development Account)

(Amendment) Regulations 2015

on June 2 and the Housing

Development (Control and

Licensing) (Amendment)

Regulations 2015 and Strata

Management (Strata

Management Tribunal)

Regulations 2015 on July 1.

With GST recently enforced

on commercial property from

April 1, certainly it has not been

business as usual for developers,

bankers and house purchasers, as

far as property development in

the country is concerned.

These amendments are a

veritable legal porcupine bristling

with interesting and complex

points of the law, which needs to

be addressed by all concerned for

the betterment of the industry.

DEED OF MUTUAL COVENANTS

It has been common practice that

all strata parcels in the country be

governed by the Deed of Mutual

Covenants, which spells out the dos

and don’ts in a strata community,

both high rise and landed.

It is indeed interesting to note

that notwithstanding Hue-Siew

Kheng’s (JC) strong condemnation

regardingWoon Brothers

Construction Sdn Bhd vs

Mewahrembang Sdn Bhd [2009]

1 LNS 1015 that: “To the extent

that the provisions of the Deed

Demiseof

the

Deedof

Mutual Covenants

of Mutual Covenants are

inconsistent with the Sale and

Purchase Agreement, these

provisions are illegal and

unenforceable against the

purchaser”.

Yet lawyers and developers use

their drafting and crafting skills to

churn out pages and

pages on DMC, sometimes nearly

75 to 80 pages.

SECTION 148 STATES:

This, however, came to an end on

June 2, 2015 as Section 148 of the

StrataManagement Act states that:

“On the coming into operation

of this Act, in a local authority area

or part of a local authority area or

in any other area, the provisions of

any written law, contracts and

deeds relating to the maintenance

andmanagement of buildings and

common property in as far as they

are, contrary to the provisions of

this Act, shall cease to have effect

within the local authority area or

that to the other area.”

And all contracting out from the

StrataManagement Act is strictly

prohibited.

SECTION 149 STATES:

1) “The provisions of this Act shall

have effect notwithstanding any

stipulation to the contrary in any

agreement, contract or

arrangement entered into after

the commencement of this Act.

2) “No agreement, contract or

arrangement, whether oral or

wholly or partly in writing,

entered into after the

commencement of this Act shall

operate to annul, vary or exclude

any of the provisions of this

Act.”

“By-laws” means the by-laws

which are in operation in respect

of the building or land intended

for subdivision into parcels or

the subdivided building or land,

and the common property as:

a) prescribed by the regulations

made under section 150 for

regulating the control,

management, administration,

use and enjoyment of the

building or land intended for

subdivision into parcels or the

subdivided building or land,

and the common property; or

b) provided for, in any

additional by-laws made

under section 32, 70 or 71.

REGULATION 28 OF THE

STRATAMANAGEMENT

REGULATION SPELLS OUT

THAT:

The by-laws having effect in

relation to every subdivided

building or land and common

property, and to bind the

management corporation or the

subsidiarymanagement

corporation, as the case may be,

and to bind all the proprietors

constituting the management

corporation or the subsidiary

management corporation, as the

case may be, are as set out in the

Third Schedule.

Thus from June 2, the only

surviving DMC is the Third

Schedule of the Regulation, thus

making the Third Schedule the

standard DMC for all strata parcel

owners in the country.

Follow our column next week

to learn of the Third Schedule

(Standard DMC) relevant to

all strata parcel owners in

the country.