Scarcity of Land to be addressed in Strata Title concept for Solomon Islands

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Strata Title is a long overdue land administration system in the Ministry of Lands Housing and Survey.  Recently the Solomon Islands Government and Caucus have endorsed the concept of Strata Title for Solomon Islands. 

Strata Title is a form of land tenure system that allows units in a building to be individually owned, while the ‘parent’ land title is owned by all unit owners in common.

 Some of the reasons why this system would be beneficial are because of the scarcity of land and the costs involved to acquire land and to further develop it.  With the high cost of rentals, this would encourage development of land for medium and high-rise apartments which would enable more affordable units for average citizens of the Solomon Islands.  

Mary Tegavota and SPC’s Chief Technical Adviser Alan McNeil has spent months in consulting with developers, banks and lawyers in Solomon Islands.  It is hoped that a Strata Titles Bill will be ready for Parliament’s consideration later this year.  Ms Tegavota says this would also bring a new face lift to Solomon Islands once this Strata Title Bill is passed in parliament.

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