The vacant possession (VP) submission is after the strata ownership has been issued, the building and joint-property will manage and maintain by three different management entities.

  1. The responsible party to manage is the developer and the starting period is between the formation date of VP up to when the JMB is formed (12 month after VP is issued).
  2. After the first meeting has been conducted by the developer, then the new JMB is formed and will be taking over the management which consist of the developer and lot owners. During the management period performed by both developer and JMB, the strata ownership application concurrently will be processed at the land office.
  3. Finally, when the strata ownership is issued and registered, MC will be established automatically and JMB will be dissolved.