Proposed updates to the collective sale regime via the Land Titles (Strata) (Amendment) Bill 2026.
The Bill introduces stratified consent thresholds for older properties and extends majority-consent sales to certain non-strata-titled private residential developments. These measures aim to facilitate the renewal of ageing developments and improve land use optimization.
Why it mattersLawyers advising developers and property owners must navigate updated consent requirements for triggering collective sales.