Why Strata Title Homes Are A Smart Choice for Homebuyers
In Malaysia, there is an increasing demand for homes strata title homes, which include high-rise condominiums and landed homes in a gated community. Here is why strata title properties are so attractive, and why they might be the perfect choice for your next home or investment.
KL Lee
12/4/20244 min read
In Malaysia, there is an increasing demand for homes that provide security and convenience.
To meet such a demand, more and more developers offer strata title homes, which include high-rise condominiums and landed homes in a gated community.
Let us unpack what makes strata title properties so attractive, and why they might be the perfect choice for your next home or investment.
What Are Strata Title Properties?
A strata title is a type of property ownership that allows you to own your individual unit while sharing the ownership of the common areas such as swimming pools, gyms, gardens, and security services.
Strata titles were originally associated with condominiums. But now they extend to landed properties in gated-and-guarded communities, making them an appealing choice for families and professionals.
7 Reasons Strata Title Properties Are Worth Considering
1. Gated-and-Guarded Peace of Mind
Forget about having your own alarm, CCTV cameras and window grills.
Strata developments often come with advanced security features, including gated access, 24/7 security guards, and CCTV surveillance.
This ensures your family and property are safe, giving you a peace of mind.
2. Access to Resort-Like Facilities
One of the biggest draws of strata properties is their amenities.
Whether it is a sparkling swimming pool, a fully equipped gym, or a paved walking path, these shared facilities enhance your lifestyle without the hassle of maintaining them yourself.
Many strata developments today offer resort-style living, making every day feel like a holiday.
What's more, these facilities also increase the property value.
3. Cost-Effective Maintenance
In a strata community, all residents share maintenance costs.
This means you can enjoy the resort-like facilities without bearing the full cost of maintaining them.
For large developments, the costs are divided among many owners, making fees more affordable.
However, for smaller, less dense projects, fees are higher: a price to pay for added exclusivity and privacy.
4. Community Living with Privacy
Strata properties foster a sense of community through shared spaces while still allowing you the privacy of your own unit.
This balance appeals to families who want to live in a safe and close-knit community.
5. Professionally Managed for Your Convenience
The Management Corporation (MC) handles the maintenance of common areas.
This includes cleanliness, maintenance and repairs.
However, you are still need to maintain your own unit. Roof repairs, repainting and fire insurance for your home is your responsibility.
6. Long-Term Value Appreciation
Strata developments, especially those with well-maintained facilities and security, often retain their value well in the property market.
Many buyers will pay a premium for the benefits of these properties, making them a solid investment.
7. Governed by Strata Laws for Fairness
Under the Strata Management Act 2013 (SMA), all parcel owners must contribute to the maintenance and sinking fund, ensuring owners share the financial responsibility for the upkeep of the development.
The SMA provides a legal avenue for resolving disputes, ensuring a fair and transparent management process.
What About Landed Strata Homes?
While strata titles are usually associated with high-rise condominiums and service apartments, strata landed properties are becoming more popular in Malaysia.
These include gated communities with terraced, semi-detached, or bungalow houses.
Here are key features of strata-landed homes
Renovations Restrictions: Although you own your land parcel, you will need approval from the Management Corporation (MC) to change the facade. This is to ensure uniformity in the community.
Customised By-Laws: The MC can create additional rules to maintain harmony, including guidelines on pets and renovations.
Maintenance Fees Based on Land Size: Larger parcels like corner lots may have higher fees, reflecting the additional space and higher value of the unit.
Landed strata developments offer the best of both worlds: the privacy of a landed property, combined with the communal benefits of strata living.
Strata Titles vs Individual Titles
If you are wondering how strata titles compare to individual titles, here is a quick comparison:
Strata titles suit those seeking a lifestyle of security, convenience and community, while individual titles offer complete independence.
Is a Strata-Title Property Right for You?
Strata title properties are more than just homes - they are lifestyles.
Are you a young professional seeking a modern apartment?
Or do you have a growing family and are looking for a safe environment?
Or are you an investor looking for long-term appreciation?
Strata properties might be the answer to your aspirations.
If you are drawn to the idea of shared facilities, security, and low-maintenance living, a strata title property might be your perfect choice.
If you are looking for a landed property, you could consider strata developments that provide the perks of privacy and communal living.
Discover Your Ideal Strata Title Property Today
Interested to invest in a new project development, including strata-landed properties?
Browse our new project launches and featured listings today, and contact us to schedule a viewing.