It pays to know the facts on strata title

High rises building are seen in mont kiara.AZHAR MAHFOF/The Star (27/3/2015)

IT is a known fact that most banks are reluctant to provide financing for residential or commercial property that has been held under a master title for a long time, in some cases more than 20 years!

As a title is a property’s birth certificate, owners without the strata title would be stuck in a difficult situation if they want to sell as buyers cannot obtain loan financing.