This could pose a major problem to house buyers when changes are made to the Strata Titles (Amendment) Act 2016, which will come into force then. Tanjong MP Ng Wei Aik said with the new law, owners of apartments and condominiums could sell their properties even if they owed money to the JMB. “At present, the JMB’s consent is needed before a unit can change hands and all outstanding payments must first be completed. “Owners who fail to pay the parcel rent will risk having their properties seized by state authorities,” he warned. Ng said the new Act would affect thousands of high-rise unit owners in Penang, which has the highest number of high-rise buildings next to Selangor.

Source: The Star February 21, 2017 23:15 UTC