I need help & clarification.

An owner of a low cost apartment (in the SPA - this sales and purchase agreement right?, its stated rumah kos rendah) wanted to sell his unit to me & we have agreed on a purchase price. Upon applying for loan, I went to the panel lawyer of the bank to start preparing for SPA.

The office personnel in the lawyer office told me that I should not buy the house because due to the title of the house being low cost, I have to apply for rumah kos rendah from pejabat hartanah (whatnot), which I won't qualify, and this leads to me unable to have the strata title for the house upon the lawyer applied for the strata title from the land office.

1. Is this true?
2. If this is true, is there any loopholes? i.e owner must live in the house for 5 years before selling to a person not qualified for low cost housing

Help, help.

Thank you very much for your time and thoughts.

This post has been edited by blueicecube: Oct 17 2011, 09:28 PM

its confusing. Developer told me can't but when the owner called the Developer they said its possible, but with a little bit nuisance :-P

i guess this ruling is not standardized