Land Transactions, Strata Housing, Wakaf Development & Urban Renewal

22 Apr, 2019, Seri Pacific Hotel

IPA Training is Registered with

Learn from the Best

PROF. DATO’ SALLEH BUANG formerly served as a Federal Counsel in the Attorney-General’s Chambers, Kuala Lumpur, before he left for private practice, then the corporate sector and finally the academia. He was The Deputy- Dean, Kulliyyah of Laws, and International Islamic University until 1990, when he went into full-time consulting.

 

Over the last 3 decades, he had conducted numerous workshops, seminars, corporate briefings and courses covering land law, housing development, construction law, joint ventures and planning law. Author of more than 25 books and monographs on a wide range of legal topics, he now writes for his weekly column in Utusan Malaysia and New Straits Times.

 

Until 2013, he was a Visiting Professor at the Faculty of Geoinformation and Real Estate, UTM, Johor. He is currently a Member of the Board of Trustees of the Kuala Lumpur Foundation to Criminalise War (KLFCW).

Venue Details

Seri Pacific Hotel
Jalan Putra, 50350 Kuala Lumpur, - 50350
Phone : (603) 4042 5555

Click For Hotel Location

Contact us

Juliany,
03 2283 6109
juliany@ipa.com.my

Phoebe,
03 2283 6100
phoebe@ipa.com.my 

FOR CUSTOMISED IN-HOUSE TRAINING
Jane,
03 2283 6101
Jane@ipa.com.my

ADDRESS 
A-28-5, 28th Floor, Menara UOA Bangsar, 
No.5, Jalan Bangsar Utama 1, 
59000 Kuala Lumpur
www.ipa.com.my

FOCUSING ON
  • Fraudulent / questionable land transactions – DBKL, FELDA
  • Private Lease Scheme (PLS) – illegal or lacuna in the law?
  • RTO / Lease-purchase contracts – the way forward?
  • Stratum and Spatium development – NLC to be amended?
  • Wakaf land development – Role of MAIN; what rights do “purchasers” get?
  • Urban regeneration / redevelopment projects in Malaysia
  • Kg Baru Redevelopment Authority; Kg Baru Master Plan
  • Terminating a strata project for redevelopment – what next?
  • A special Urban Renewal Act?
OBJECTIVES

According to media reports in September 2018, a DBKL task force (set up to investigate 97 questionable land transactions) had recommended that 20 land transactions be further investigated, whilst 19 others were to be cancelled.

 

On October 30, 2018, Federal Territories Minister, Khalid Samad told the media that the general public will be able to get the full information on all land use within the national capital once the Kuala Lumpur City Plan 2020 is gazetted in November 2018. The Minister also said that 70 per cent of these questionable land transactions had taken place when Tengku Adnan Tengku Mansor was the Federal Territories minister.

 

A land deal between FELDA and a developer involving a piece of land in Jalan Semarak (the Kuala Lumpur Vertical City development project) had also been questioned by the authorities.

 

In July 2018, 107 purchasers of a development project in Medini, Johor (a private lease scheme, PLS) had filed court proceedings against their developer for failing to issue separate strata titles for their purchased units. They claimed damages for misrepresentation and late delivery.

 

In 2018, many purchasers (for example, of PR1MA housing projects) faced difficulty in obtaining end financing for their new homes. This had led to the emergence of rent to own schemes (RTO) launched by several financial institutions, and lease contracts between the developers and the purchasers. This could very well lead to the passage of a new Tenancy Act in the future.

 

Presently there are no provisions in the National Land Code and the Strata Title Act allowing private lease schemes in Peninsular Malaysia. The Medini private lease scheme was meant for foreign investors (the authorities do not want them to acquire freehold properties), but some of the strata units had also been sold to local purchasers.

 

The potential future development of more skyscrapers and underground cities has led to proposed amendments of the National Land Code (on stratum and spatium). The development of wakaf land via joint ventures between the state religious authorities (as sole trustee of wakaf land) and developers have raised legal problems as to what legal rights can be passed on to “purchasers” of such developed units. Under Islamic law, wakaf land cannot be sold.

 

Urban renewal or urban regeneration is the latest trend in urban areas. They have been undertaken in many places across the nation – from Alor Setar to Kuala Lumpur, to Malacca (Kampung Morten) and Johor Bahru. The redevelopment of Kampung Baru KL is now guided by the Kampung Baru Master Plan as well as KL City Plan 2020.

 

Redevelopment of old strata projects is now given serious attention by the authorities and model legislation in foreign jurisdictions has been studied for adoption.

 

Participants attending this first Corporate Briefing on Property Law by IPA will be given a thorough understanding of all these various issues to prepare them handle effectively the challenges in the years to come.

 
COURSE OUTLINE
9:00 SESSION ONE
  • Security of tenure – why necessary? “indefeasibility” issues
  • Questionable land transactions – DBKL / FELDA; lessons learnt?
  • Private lease schemes (PLS) – the rationale (pro contra); illegal / lacuna in the law?
  • Freehold v leasehold – NLC s 76; exchanging leasehold to freehold; a 999 years lease?
10:45 SESSION TWO
  • Rent to own schemes (RTO) – a good model?
  • Lease-purchase contracts – the elements
  • Airbnb short rentals of strata properties – does the law allow?
  • Stratum – NLC Part Five (A); latest amendments
  • Spatium – a new NLC Part Five (B)? ; Why necessary?
  • Need for a new cadastral law?
1:00 Lunch

2:00 SESSION THREE
  • Wakaf land – applicable law; prospects for a uniform National Wakaf Act?
  • Role and powers of State religious authority (MAIN) over wakaf land
  • JV to develop wakaf land – case studies in Kedah, Penang, KL and Selangor
  • Agreement with “purchaser” – current practice (Ijarah); a future syariah compliant document?
3:45 SESSION FOUR
  • Urban renewal or urban regeneration? – case studies across the nation
  • Redevelopment of Kampung Baru – KB Master Plan
  • Termination & redevelopment of a strata project – s 57 STA 1985
  • Towards a new urban renewal law?
5:00 End of Course
WHO SHOULD ATTEND
  • Property Owners & Developers
  • Property Consultants
  • Property Managers
  • Bankers
  • Insurance Companies
  • Financiers
  • Land Administration Managers
  • Valuers
  • Development & Planning Managers
  • Investment Advisers
  • Town Planners
  • Project Co-ordinators
  • Contract Managers & Executives
  • Contractors
  • Contract Administrators
  • Architects
  • Engineers
  • Quantity Surveyors
  • Construction Managers
  • Legal Advisors
  • Lawyers
  • Project Managers
  • Local Authorities
  • Government Ministries & Departments
METHODOLOGY
Interactive Lectures, Discussions and Practical Case Studies on all relevant areas to ensure participants grasp clearly issues presented.