QUOTE
Hi, I'm buying a condo at Pandan Puteri Condo, Pandan Indah, 55100 Kuala Lumpur from an owner which the title is still under master title. From what I know, the strata title of the property is currently in the process to transfer to the owner.
1) May I know how long it would take normally for the transfer process to be completed? I saw some article on the Internet says that the "Computerization System of Strata Titles" has been implemented and the process will be shorten (but how long is it?). According to the owner, it will take 2 to 3 months. Is he correct?
2) And how long would it take to transfer the title from the owner (after the he got the title from developer) to me after that?
THanks a lot!
QUOTE(dariofoo @ Aug 5 2011, 03:38 PM)
1) Hard to tell. Depends highly on the efficiency of the land office in question. I'd give it roughly 2-3 months at the soonest.
2) Can do back to back transfer. Then the only thing left in between is adjudication by LHDN. That won't take long nowadays. Fastest can be roughly 5 working days, and 10 working days latest.
PS: Is it too late for the developer to agree to do direct transfer of title to you? Furthermore, vendor does not have to pay stamp duty. See your luck if developer agrees or not.
Hi,
I've been through all these recently, as recent as few weeks back. So, I just wanna share my experience. 1st of all, do you know the '
currently in the process to transfer to the owner' is at which stage now? If the developer lawyer has 'presented' to the Land Office, then they will have the Presentation slip, with the number, you can check the status in
strata.selangor.gov.my. The last I checked with Land Office, a week or 2 back if I'm not mistaken, they're currently processing cases for year 2010 Nov and Dec. You can check it with your date on the Presentation slip, then you can roughly know how long more to process. And you can forget the 'Computerization System of Strata Titles', the system is only running for Landed properties, not condo.
Normal procedure, my date on Presentation slip is April 2011, Land Office staff told me probably the process can be finished by Oct 2011 but i doubted it. You can appeal with the Land Office to speed up the process, if they accept it, it'll take about a month.
If you haven't reach to 'Presentation slip' stage, yes, I would say it probably take a year or more, to transfer from developer to vendor and to you.
Regards.
This post has been edited by babyekc: Aug 9 2011, 12:39 PM 
Apr 28 2011, 07:00 PM
Quote
0.2059sec
0.14
7 queries
GZIP Disabled