Scenario
Thomas wants to buy a condominium rather than an apartment in the Golden Triangle of Kuala Lumpur. He thinks that being an owner of condominium will gives him more facilities and better legal protections than being an owner of apartment. Is it true?
Mythbusted.
In Malaysia, the normal perception of a condominium is that it provides more facilities, for example, a club house and a swimming pool as compared to an apartment.
However, there is no legal difference and in fact these two terms are not legally defined as of to-date.
However, there is no legal difference and in fact these two terms are not legally defined as of to-date.
Basically, these two terms are strata titled units which are for housing accommodation proposes. Thus,if you are buying a condominium or an apartment from a Developer, your sale and purchase agreement with the Developer should be Schedule H of the Housing Development (Control and Licensing) Regulations 1989 and all your legal rights are reserved under Schedule H.
So, how much did you know about this Legal Myth?
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