Hi Cow138, you are right.
Strate titled land has common shared ground
Don't own the land around the house
Monthly MCST maintenance for the upkeep of shared facilities
The monthly charges is much higher than for Bayou Creek
I am sure the older existing owners/Leisure Farmers can provide the exact cost differences.
Can't help with the exact costs here.
from my understanding:
strata titled means the property is governed under the newer strata titles act (1985?). hence, all owners have a share in the whole plot of developed land (under master title) before converting to strata after VP, hence an owner will own the unit or lot no, and also share in owning the whole development outside his assigned lot. Hence, this whole piece of land is considered privately owned, including the roads, parks, amenities within the said land. What this means is that there is a legal framework for managing this piece of propertty in its' entirety (such as implementing G&G schemes).
whereas individual title means the propert is governed under the older national land code (1965(?)) whereby owner by themselves own only the plot of land on which their house stands, and not the roads and amenities (parks etc) within the development, which eventually reverts back as public property. Hence, there may be some gray area when owners decide to form a JMB to block off public access when implementing G&G.
For LF, not sure how it works for individual lots as the whole of LF is under mulpha.
both strata and individual land can be either freehold or leasehold.