Emphasis On Township Development Using Strata Lease Schemes For Stratified Buildings: A Case Study Of Penang Island, Malaysia

Nur Huzaifah Zainal, Salfarina Samsudin and Fatin Afiqah Md Azmi

ERES from European Real Estate Society (ERES)

Abstract: In Malaysia, the concept of land leasing onto land title has been extended to the strata title of a multi-story building, known as the strata lease scheme. This case study aims to provide, firstly, an overview of strata lease schemes in Malaysia and, secondly, a discussion of how the intention of developing strata lease schemes led to the creation of a new township. Data were obtained through interviews and document reviews from a single case study named Bandar Baru Farlim in the State of Penang, Malaysia. This study highlights best practices in property development initiatives toward sustainable housing delivery.

Keywords: land development; strata lease scheme; strata title; township (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2023-01-01
New Economics Papers: this item is included in nep-sea and nep-ure
References: Add references at CitEc
Citations:

Downloads: (external link)
https://eres.architexturez.net/doc/oai-eres-id-eres2023-115 (text/html)
https://eres.architexturez.net/system/files/P_20230721151255_6492.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2023_115

Access Statistics for this paper

More papers in ERES from European Real Estate Society (ERES) Contact information at EDIRC.
Bibliographic data for series maintained by Architexturez Imprints ().