hi,
i'm interested in buying a house. the location is bandar kinrara,puchong. however the problem is it's owned by a bumi. my agent convincing say there are no problems and never faced any problems in bandar kinrara and there are no such thing as bumi lot there. any opinions ?

thanks

check with the local council to see the lot is bumi lot or not , u will have problem in getting bank loan and name transfer if it is a bumi lot

of coz la .... malaysian law has a lot of loop holes ...

all your agent needs to do ... is to remove the red chop bumiputera from the bumi only house and tanah geran ... then the bumiputera can freely sell to you le

1 week process i recall

but FYI, it's illegal, but as long as both parties satisfied, and the bumi get his money worth, the business is complete

seriously? u bought before?




hoilok,
thanks

Some can be sold to non-bumi after 5 years. I own a house in BK also and previously was owned by a bumi. The house is more than 5 years old and I have no problem purchasing it.

i think the correct question to ask is whether it is a bumi lot or not. bumiputeras can buy non-bumi lots as well, so even with a bumi owner it doesn't necessarily mean the property gets automatically converted into a bumi lot.

at least that what i think it is, i've read about this issue but that was a long time ago, i'm not so sure if my memory fades me.

This post has been edited by livingmonolith: Jun 1 2009, 05:10 PM

cool. thank you all!

in the same way, you may eligible to buy the property, but bear in mind that in any undesired circumstances as the land is take to public interest as built a road or highway, the government only pat to the previous owner dur to the title stick as BUMUPUTERA lot. therefore, put in simple you are the structure(house) owner but not the land owner. the faced this problem when i dealing with DBKL regarding renovation and founded up this issues. please correct me if i am mistaken. just my 2cent

correct me if im wrong here, but if a property is FH then it should not be a problem for a bumi to sell it to a non-bumi.

The only prob here is if we r talking about LH property........

Ask the seller or the agent to give you a copy of the titled and you can see any sekatan or not.

thanks all. i guess i'm not gonna buy cause it sounds messy. have to go thru a lot. now got a unit i like but bad fengshui. damn it!

pai is right. in any event, just get a copy of the title to see if there are restrictions.

thanks everyone

chief, can elaborate more on the "restrictions"?

looks like it's getting messier , many school of thoughts. anyone familiar with these laws ?

This post has been edited by yuliang11: Jun 15 2009, 10:32 AM

It was mentioned that get hold of the copy of the title to see if any restriction or sekatan.

Borang 11AK or Hak Milik Sementara will show if any sekatan.

For FH, its unlikely to say anything about Bumi lot etc etc.

LH, I never seen one but it may have more condition tied to the land title

Hi Yulian,

Is this property with or without title? Is this property one which is Malay Reserve or is purchased by the Bumiputera buyer with a bumiputera discount? Is this property leasehold or freehold?

If the property is with title, do a land search and you can see whether there are an "restriction on interest" which means whether there are any restrictions on who the buyer should be. If it is a leasehold property then you will have to apply to the land office for consent. If it is Malay Reserve then the title will say so too. In this case, you cannot purchase this land.

If it is without title, the write to the Developer or the Owner of the Master Title or their confirmation as to whether you can purchase the land and whether the unit is a bumi quota. If the property is leasehold and in WP, you have to get the Land Office consent but if it is in Selangor, no such consent id required.

If the previous owner just purchased with a bumi discount, there is no restriction for you to purchase unless his unit is also a bumi quota unit.

I know the above might be confusing, but if you give me the answers to the questions in the first paragraph, I might be able to elaborate further.

Regards

Wouldn't the title show all those sekatan and limitations? or is there such thing as no title doc at all?

Hi Cyn,


Is this property with or without title? Is this property one which is Malay Reserve or is purchased by the Bumiputera buyer with a bumiputera discount? Is this property leasehold or freehold?


1. it's free hold. According to agent with a title. not too sure about malay reserve as the agent said there are no problem with FH properties transfer.


If the property is with title, do a land search and you can see whether there are an "restriction on interest" which means whether there are any restrictions on who the buyer should be. If it is a leasehold property then you will have to apply to the land office for consent. If it is Malay Reserve then the title will say so too. In this case, you cannot purchase this land.


2. Do a land search at local councilor ? sorry i'm really noob



If it is without title, the write to the Developer or the Owner of the Master Title or their confirmation as to whether you can purchase the land and whether the unit is a bumi quota. If the property is leasehold and in WP, you have to get the Land Office consent but if it is in Selangor, no such consent id required.


3. Its in kinrara selangor.



Thanks a lot!

Wow...so much uncertainty. My advise to you DUN BUY THIS HSE. there r a lots of hse to choose fm, take ur time.