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 Transferring bumi-lot to non-bumi, Is this possible?

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TSzigot14
post Feb 12 2011, 10:39 PM, updated 15y ago

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Uncle is getting a property but it is a bumi lot.

But lawyer and agent advised that it is possible to transfer the bumi lot to non-bumi.

I just need to verify if this is true and what are the chances?
How long does this process usually take?

Thanks.
Seager
post Feb 12 2011, 10:48 PM

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I heard that this is possible, but very time consuming. This also depends on the efficiency of your lawyer.

I remember a family member of mine wanted to buy a bumi lot some time back. Paid down payment, and waited about 6 months, nothing happened.

Down payment refunded.

I'm not saying it's impossible, it's just that you have to go through a lot of hassle.



This post has been edited by Seager: Feb 12 2011, 10:49 PM
^chalaza^
post Feb 13 2011, 12:12 AM

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upfront will be rejected but upon appeal possibly can go through.
yes the whole ordeal will depend on efficiency and experience of ur appointed lawyer, so choose carefully.
spikyz
post Feb 13 2011, 12:16 AM

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it is possible. and on newspaper back then, they mentioned something about selling bumi lot to non bumi to help developer sell the unsold unit.
Seremban_2
post Feb 13 2011, 12:39 AM

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QUOTE(Seager @ Feb 12 2011, 10:48 PM)
I heard that this is possible, but very time consuming. This also depends on the efficiency of your lawyer.

I remember a family member of mine wanted to buy a bumi lot some time back. Paid down payment, and waited about 6 months, nothing happened.

Down payment refunded.

I'm not saying it's impossible, it's just that you have to go through a lot of hassle.
*
100% true. You must be prepare to loss your legal fees if the transfer don't go through.

I remember there is a discussion at lawyer corner, the authority quite strict on the transfer bumi lot to non bumi lot and protect bumi.

If the property is a condo and the document stated freehold, you must find out whether the developer allow to transfer the property. The lawyer need to get approval from the developer and alot of confirmation from developer.

The property is a condo or landed property????

Landed you can forget about it.
Seager
post Feb 13 2011, 12:44 AM

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Haha, in my case, it was a landed property.
First application was rejected, the second took way too long.

Somehow we managed to withdraw the second application and get back the downpayment.
TSzigot14
post Feb 13 2011, 12:53 AM

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It's a condo. The property is 15 years old already tho, buying from another bumi owner. Does this affect anything?
Seager
post Feb 13 2011, 12:57 AM

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I'm not sure, but i definitely know people tend to get in a lot of hassle when dealing with landed bumi lots.

Not too sure about condominiums though, might be an easier task, might not. If your uncle thinks it's worth the wait and hassle, then go ahead with it.

All the best! smile.gif
register999
post Feb 13 2011, 01:34 AM

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definitely cannot..

Pai
post Feb 13 2011, 11:54 AM

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QUOTE(zigot14 @ Feb 13 2011, 12:53 AM)
It's a condo. The property is 15 years old already tho, buying from another bumi owner. Does this affect anything?
*
On paper its not tranferable.........but in this particualr case I suspect this transfer will go thru....... wink.gif
wl_n
post Feb 13 2011, 12:06 PM

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QUOTE(zigot14 @ Feb 12 2011, 10:39 PM)
Uncle is getting a property but it is a bumi lot.

But lawyer and agent advised that it is possible to transfer the bumi lot to non-bumi.

I just need to verify if this is true and what are the chances?
How long does this process usually take?

Thanks.
*
I have bought an old bumi shop lot 2 years back and the transfer involved Land Officer and State Menteri Besar's consent. Transfering is possible but with risk involved. Make sure your lawyer has strong connection to deal with all the authorities involved. Your lawyer can tell you the chances and estimated duration of the process. Process may take months or year. Even new condo bumi lot can be transfered to non bumi whereby the delevoper will make all the arrangement for you. In this case, you only pay booking fees and get refund if the deal dont go through. So, no risk involved. Good luck.

This post has been edited by wl_n: Feb 13 2011, 03:35 PM
clanzkiller
post Feb 13 2011, 02:29 PM

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Is possible bro..
a condo with 15 years, regardless of fh/lh, u will need consent from the developer at first.
Some developer they count bumi-lot by ratio, normally 10% of total units, didn't actually fix which are bumi and which are non. If by ratio, it will be easier, but time consuming will be your main concern. Expected will be 6 months if u're lucky, otherwise, 1 years+.

Some developer fixed the unit as bumi and non. In which, this is troublesome, process may take up to 1-2 years+.

I supposed you will need to pay your legal fee for the search, appeal, etc legal services even though if you pull out from the deal.

Make sure you did mentioned on your offer to purchase form regarding if transfer unsuccessfully due to rejected of transfer bumi to non-bumi, u will get back your downpayment. Otherwise, things might change, which happen most of the time, that u got no written evidence stated u can get back the deposit.




malaysiaku
post Apr 7 2011, 09:10 AM

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good morning to every / k /

lucky got thie thread,

i just wondering,

if buy + can transfer bumi lot, do i pay full price or with the discount on the bumi lot?

or pay with market price?

icon_question.gif

kinda confusing for this bumi lot issue.

please enlighten me.

i know if buy land, from bumi to non bumi need approval from menteri besar only can pass.

for bumi to non bumi housing chances is very very slim right? ( as mentioned on how GOOD ur lawyer n connection )

if buy condo/apt/low cost house of bumi lot also go thru same process also?
especially with the auction unit?
icon_question.gif

thank you

notworthy.gif







michaellee
post Apr 7 2011, 09:31 AM

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[quote=malaysiaku,Apr 7 2011, 09:10 AM]good morning to every / k /

lucky got thie thread,

i just wondering,

if buy + can transfer bumi lot, do i pay full price or with the discount on the bumi lot?

or pay with market price?

kinda confusing for this bumi lot issue.

please enlighten me.

i know if buy land, from bumi to non bumi need approval from menteri besar only can pass.

for bumi to non bumi housing chances is very very slim right? ( as mentioned on how GOOD ur lawyer n connection )

if buy condo/apt/low cost house of bumi lot also go thru same process also?
especially with the auction unit?
icon_question.gif

thank you
[/QUOTE]

Ok you are bringing up quite a few issues here and have been mixing with different concept.


First you need to know the difference between rizab melayu and lot Bumiputra. Land are usually rizab melayu and housing units ( landed or high rise) Bumiputra. For the transfer of rizab melayu, it comes under national land code and needs ex co approval. In order for exco to approve they need to find a replacement non-Malay land which is nearly impossible. Even if only one exco disapprove, you lose the case. Let us not comment on any under the table transaction.

Transfer of bumi lot to non bumi is relatively easy and with the right lawyer and runner, transaction would normally complete in 6 months. Success rate ver high. Only the signature of mentri bread is needed instead of the whole ex co.
notworthy.gif
*

[/quote]

This post has been edited by michaellee: Apr 7 2011, 09:34 AM
malaysiaku
post Apr 7 2011, 09:45 AM

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hie there michaellee,

thank you for your explanation.

now i understand better and learnt new thing.

hahaha.

are u an agent?

thumbup.gif
baharinsav62
post Apr 7 2011, 10:02 AM

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QUOTE(zigot14 @ Feb 13 2011, 12:53 AM)
It's a condo. The property is 15 years old already tho, buying from another bumi owner. Does this affect anything?
*
If 15 years old, strata title should be out already. If so, no need developer's consent.
From strata title, check sekatan kepentingan. If no sekatan kepentingan, no problem selling to non-bumi.
If got sekatan kepentingan e.g. lot khas/rezab untuk orang Melayu/bumiputra, then very difficult to tranfer ownership from bumi to non-bumi.
If leasehold, have to get State consent.

michaellee
post Apr 7 2011, 10:30 AM

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QUOTE(baharinsav62 @ Apr 7 2011, 10:02 AM)
If 15 years old, strata title should be out already. If so, no need developer's consent.
From strata title, check sekatan kepentingan. If no sekatan kepentingan, no problem selling to non-bumi.
If got sekatan kepentingan e.g. lot khas/rezab untuk orang Melayu/bumiputra, then very difficult to tranfer ownership from bumi to non-bumi.
If leasehold, have to get State consent.
*
Just curious, since when/which state needs consent for leasehold land? Thanks.


Added on April 7, 2011, 10:31 am
QUOTE(malaysiaku @ Apr 7 2011, 09:45 AM)
hie there michaellee,

thank you for your explanation.

now i understand better and learnt new thing.

hahaha.

are u an agent?

thumbup.gif
*
No problem. A forum is a place where we learn new things. I am not an agent. wink.gif

This post has been edited by michaellee: Apr 7 2011, 10:31 AM
baharinsav62
post Apr 7 2011, 10:52 AM

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QUOTE(michaellee @ Apr 7 2011, 10:30 AM)
Just curious, since when/which state needs consent for leasehold land? Thanks.

*
For leasehold land, before transfer of title between 2 parties can take effect, consent from the State Authorities is needed. As land matters are State matters under the Federal Constitution, all states have this ruling. That's why, in any leasehold land title, there is a clause in the sekatan kepentingan, stating something like " tanah ini boleh dipindahmilik, dipajak atau digadai setelah mendapat kebenaran Pihak Berkuasa Negeri".



michaellee
post Apr 7 2011, 11:11 AM

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QUOTE(baharinsav62 @ Apr 7 2011, 10:52 AM)
For leasehold land, before transfer of title between 2 parties can take effect, consent from the State Authorities is needed. As land matters are State matters under the Federal Constitution, all states have this ruling. That's why, in any leasehold land title, there is a clause in the sekatan kepentingan, stating something like " tanah ini boleh dipindahmilik, dipajak atau digadai setelah mendapat kebenaran Pihak Berkuasa Negeri".
*
You are right in pointing out that sekatan penting but as far as I know, I don't think the transfer of leasehold land should be any longer than freehold and normally the so called state approval is a rubber stamp thing. But just to be on the safe side, I will double check with the lawyers. I have bought a few leasehold properties, the time taken for completion is quite fast. Definitely within the 3+1 month.
malaysiaku
post Apr 7 2011, 11:18 AM

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QUOTE(michaellee @ Apr 7 2011, 12:11 PM)
You are right in pointing out that sekatan penting but as far as I know, I don't think the transfer of leasehold land should be any longer than freehold and normally the so called state approval is a rubber stamp thing. But just to be on the safe side, I will double check with the lawyers. I have bought a few leasehold properties, the time taken for completion is quite fast. Definitely within the 3+1 month.
*
wah, u so keng,

few leasehold property in ur hand...

need to call u sifu d...

mind be my mentor?

hehehe...

serious man
baharinsav62
post Apr 7 2011, 11:28 AM

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QUOTE(michaellee @ Apr 7 2011, 11:11 AM)
You are right in pointing out that sekatan penting but as far as I know, I don't think the transfer of leasehold land should be any longer than freehold and normally the so called state approval is a rubber stamp thing. But just to be on the safe side, I will double check with the lawyers. I have bought a few leasehold properties, the time taken for completion is quite fast. Definitely within the 3+1 month.
*
As far as I know, normally for leasehold props the SPA is structured such that the 3+1 month period for completion of the sale and purchase process, starts from the time when State consent is obtained. Therefore, once consent is obtained, the transfer of title can definitely be completed within this period.

This post has been edited by baharinsav62: Apr 7 2011, 11:30 AM
dcomas
post May 10 2011, 03:49 PM

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Hi all, I'm new to all these bumi non-bumi thing. Appreciate if you all can give me some advice.

Case: If I'm nonbumi and i want to buy a bumi lot (leasedhold landed property) from developer. Developer later on successfully get approval from state authority and I successfully bought over that property.

Question 1: After the approval from state authority on this case, does it mean that this property is no longer a bumi lot?

Question 2: If I want to sell this property, can I sell to non-bumi? or i need to go through the bumi to non-bumi consent application again?

thanks.
leejengkid
post Sep 21 2011, 11:53 PM

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QUOTE(dcomas @ May 10 2011, 03:49 PM)
Hi all, I'm new to all these bumi non-bumi thing. Appreciate if you all can give me some advice.

Case: If I'm nonbumi and i want to buy a bumi lot (leasedhold landed property) from developer. Developer later on successfully get approval from state authority and I successfully bought over that property.

Question 1: After the approval from state authority on this case, does it mean that this property is no longer a bumi lot?

Question 2: If I want to sell this property, can I sell to non-bumi? or i need to go through the bumi to non-bumi consent application again?

thanks.
*
I also wanted to ask the same question. Recently I just signed a S&P for a bumi lot shoplot. My lawyer has told me that after the title is successfully transferred to my name and if i want to sell this property to a non-bumi, I do not need to obtain the State Consent again. HOWEVER, if i want to sell this property to a BUMI, I need to obtain the State Consent again.

I'm just wondering whether my lawyer is saying the truth? rclxub.gif
raven22
post Sep 22 2011, 12:02 AM

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bro, mind to share how long does it take to complete the whole process of transfering frm bumi to nonbumi ?
scoop7
post Jun 22 2012, 07:08 AM

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i got a question on this.

after get consent to sell to non-bumi & transfer, will the phrase "Lot Bumiputra" still exist on the geran/title?

the house i'm planning to buy has the phrase "lot Bumiputra" in the geran/title

thanks for the explanation/help 1st

This post has been edited by scoop7: Jun 22 2012, 07:12 AM
wanchenghuat
post Jun 23 2012, 12:57 PM

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Transferable.. We had 2 property transferred from bumi lot to non bumi lot.. Both landed property.. One FH one LH..
Took very long time. Over 1 year for the transfer after many appeals.. Manage to transfer on reasons that owner really needed the money for medical (chemotherapy) and one more for business purposes..
scoop7
post Jun 23 2012, 11:03 PM

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QUOTE(wanchenghuat @ Jun 23 2012, 12:57 PM)
Transferable.. We had 2 property transferred from bumi lot to non bumi lot.. Both landed property.. One FH one LH..
Took very long time. Over 1 year for the transfer after many appeals.. Manage to transfer on reasons that owner really needed the money for medical (chemotherapy) and one more for business purposes..
*
I see. Does your original geran has the phrase "Lot Bumiputra"?

The geran i'm looking at has the phrase "Lot Bumiputra" printed on it.
AMINT
post Aug 25 2012, 10:08 AM

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How about the reason of selling because already bought bigger house as an upgrade? I heard some use this reason and got it done
SUSjalsrix
post Aug 25 2012, 11:11 AM

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QUOTE(AMINT @ Aug 25 2012, 10:08 AM)
How about the reason of selling because already bought bigger house as an upgrade? I heard some use this reason and got it done
*
I don't think this is a valid excuse.

You bought bigger house (means you are rich) but your old house is still sellable to other poorer bumi.
So why should they allow you to sell to a non bumi and you are not really in need of urgent money.

Do you know why this bumi quota was first established ?

It is because non bumi are buying too many houses and bumi cannot buy any house whistling.gif

This post has been edited by jalsrix: Aug 25 2012, 11:13 AM
AMINT
post Aug 25 2012, 11:38 AM

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U use this excuse la," Tuan, saya perlu menjual rumah ini sebab saya dah beli rumah lagi besar dan tak mampu untuk commit kepada 2 rumah sekaligus. jadi saya perlu menjual rumah ini dengan cepat"
Yau cf
post Aug 25 2012, 11:41 AM

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So as non-bumi,
Which type of bumi type can buy?
I need summary, too many new jargons. Anyone can help?
peri peri
post Aug 25 2012, 11:51 AM

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Very time consuming, 1 to 2 years, u need to pay premium to convert also, u need datuk bandar to endorse for u.

Everything still the same like u buying a non bumi lot, better look for other lah
cloner
post Aug 25 2012, 12:17 PM

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if te condo is freehold, definately can.

I have clients doing it multiple times edi
AMINT
post Aug 25 2012, 12:47 PM

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QUOTE(peri peri @ Aug 25 2012, 11:51 AM)
Very time consuming, 1 to 2 years, u need to pay premium to convert also, u need datuk bandar to endorse for u.

Everything still the same like u buying a non bumi lot, better look for other lah
*
Peri-peri, i will soon sell my one and only leasehold. so u recommend that i should not attempt to sell to non bumi and just sell to bumi? need ur comment
yuheng
post Aug 25 2012, 05:47 PM

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QUOTE(cloner @ Aug 25 2012, 12:17 PM)
if te condo is freehold, definately can.

I have clients doing it multiple times edi
*
If it is freehold, will it take long? i am about to buy a freehold condo, the title is out, sekatan kepentingan is tiada, can we transfer the name without land office consent?

So sorry i need it to be done fast.

Thanks


mercury8400
post Aug 25 2012, 08:31 PM

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Bloody hell!
If like dat, a bumi guy buys 20 lots of bumi property (with 7-10% discounts) and then, upon completion, write in to convert all his bumi lot into non-bumi (along with making noises and bringing it up to the ministers) he can then "flip" his property for a massive profit!

What a stupid rule!
khedge
post Aug 25 2012, 11:19 PM

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QUOTE(AMINT @ Aug 25 2012, 12:47 PM)
Peri-peri, i will soon sell my one and only leasehold. so u recommend that i should not attempt to sell to non bumi and just sell to bumi? need ur comment
*
Amint, the process will be faster and hassle free if you were to sell directly to bumi, however if u want to sell to non bumi u must ensure and prove that you've advertised and tried selling to bumi but no bumi takers interested in your unit after a period of time.

An officer from state department once explained to me that you also must have valid reasons to dispose your property to non-bumi i.e
1. To cover heavy medical expenses (operation, chemo, transplant, etc)
2. Facing near bankruptcy
3. Owe money to many alongs

She mentioned that the usual reasons of upgrading house, transfer to another state, etc are not strong enough for bumi to non bumi conversion.

Hope this helps. Cheers!
AMINT
post Aug 25 2012, 11:22 PM

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khedge, thank u for explaining. I appreciate it very much. smile.gif
cloner
post Aug 26 2012, 02:52 PM

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QUOTE(yuheng @ Aug 25 2012, 05:47 PM)
If it is freehold, will it take long? i am about to buy a freehold condo, the title is out, sekatan kepentingan is tiada, can we transfer the name without land office consent?

So sorry i need it to be done fast.

Thanks
*
depends in lawyer, bank. should be 2months time if smooth

consult your lawyer


Added on August 26, 2012, 2:53 pm
QUOTE(mercury8400 @ Aug 25 2012, 08:31 PM)
Bloody hell!
If like dat, a bumi guy buys 20 lots of bumi property (with 7-10% discounts) and then, upon completion, write in to convert all his bumi lot into non-bumi (along with making noises and bringing it up to the ministers) he can then "flip" his property for a massive profit!

What a stupid rule!
*
welcome to Malaysia

This post has been edited by cloner: Aug 26 2012, 02:53 PM
AMINT
post Aug 26 2012, 03:00 PM

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heheh. welcome to malaysia. where all your dreams can come true. but in the process u need time or money. huhu
nothingology
post Sep 13 2012, 12:45 PM

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hi all. i have some questions.

my dad bought bumi-lot of bungalow land (mid of year 1996). he told me that since that lot is bumi-lot, therefore the name is under developer (berjaya).

now i going to build my own house there. what process should i go do? will that take long time? can i build house before transffering?
LA-DC5
post Sep 13 2012, 02:11 PM

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QUOTE(mercury8400 @ Aug 25 2012, 08:31 PM)
Bloody hell!
If like dat, a bumi guy buys 20 lots of bumi property (with 7-10% discounts) and then, upon completion, write in to convert all his bumi lot into non-bumi (along with making noises and bringing it up to the ministers) he can then "flip" his property for a massive profit!

What a stupid rule!
*
Bro,

I don't think that's particularly plausible.

1. Legal fees involved

2. Bumi units are often developer designated. That usually means "undesirable" units.

3. Gearing / load ratio. Bank's are looking at below 50% to 70% loan to income ratio.

4. If bumi purchaser used as a proxy for immediate purchase, then the 2X legal fees does apply.


Despite the 30% bumi quota, quite a number of developments still have the majority of the quota unsold upon project completion. The developer would then release it to the public as non-bumi units after paying the contribution.
wanchenghuat
post Sep 13 2012, 02:27 PM

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QUOTE(mercury8400 @ Aug 25 2012, 08:31 PM)
Bloody hell!
If like dat, a bumi guy buys 20 lots of bumi property (with 7-10% discounts) and then, upon completion, write in to convert all his bumi lot into non-bumi (along with making noises and bringing it up to the ministers) he can then "flip" his property for a massive profit!

What a stupid rule!
*
They can only transfer if there is a great need of the money and have a really good excuse..
For our cases, the owner was having cancer and needed money to do chemotherapy.. At market rate, there will be no up take on his property as even bumi price. Its still high. Furthermore we paying cash.. So instant money for him for his treatment..

Unless you have a damn freaking good excuse to sell to non-bumi, its virtually impossible to transfer..


Added on September 13, 2012, 2:27 pm
QUOTE(scoop7 @ Jun 23 2012, 11:03 PM)
I see. Does your original geran has the phrase "Lot Bumiputra"?

The geran i'm looking at has the phrase "Lot Bumiputra" printed on it.
*
Yes its lot bumi..


Added on September 13, 2012, 2:30 pm
QUOTE(nothingology @ Sep 13 2012, 12:45 PM)
hi all. i have some questions.

my dad bought bumi-lot of bungalow land (mid of year 1996). he told me that since that lot is bumi-lot, therefore the name is under developer (berjaya).

now i going to build my own house there. what process should i go do? will that take long time? can i build house before transffering?
*
Since the title is still under the developer.. Better transfer first otherwise, its trespassing wink.gif my 2 cents


This post has been edited by wanchenghuat: Sep 13 2012, 02:30 PM
stereotypical
post May 16 2014, 04:59 PM

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Just reviving this thread again:

- Just put downpayment for a

Leasehold Condo
20 yrs old,
Strata Title
0ne owner, malay datuk

Just gave lawyers fees. lawyer did land search everything went well, all clear. Went ahead to submit letter of consent.

Suddenly now land office reject letter of consent, saying that the unit is bumi unit. My lawyers said it could be because developer must've done something internally with land office, but in the titlle itself, there was no where written that the unit is a bumi lot, even in owners previous S&P between developer also no indication its a bumi lot.

So now apparently we have to wait and ask the owners lawyers to approach the land office again with an appeal. From what i've read, if the condo already have enough bumi owners and have met the quota it shouldnt be a problem, and also its a 20 yr old condo, so old already.

Im absolutely pissed that this can happen, i work very hard, im a non bumi, i have two children, we've finally able to afford downpayment for this nice place, and would like to provide a nice home for our family, and we've been waiting so long to move, and now this happens. Can someone actually tell me if there is any chance of me getting this property now, I don't think its fair that they don't even indicate anywhere in the title or anywhere and let us proceed further to put in downpayment and pay legal fees and waste our time if at the end of the day they just gonna reject our purchase. mad.gif

So what are my chances? Anyone had any experience with this.

thx

stereotypical
post May 18 2014, 12:52 AM

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nobody?
Jay36
post May 18 2014, 04:12 PM

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Title will not state bumi lot and you will not see it in SPA also.

Check the title again under 'Sekatan-sekatan Kepentingan' if stated Nil then ok to transfer but if it states something like this 'Tanah ini tidak boleh dipindah milik digadai atau dipajak melainkan dengan kelulusan pihak yang berkuasa' then you have issue. Well i think in your case its the latter.

However normally for property >5 years old, with good reasons the appeal will go thru. Quiet standard for the authority to reject the first application.
stereotypical
post May 19 2014, 07:19 PM

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QUOTE(Jay36 @ May 18 2014, 04:12 PM)
Title will not state bumi lot and you will not see it in SPA also.

Check the title again under 'Sekatan-sekatan Kepentingan' if stated Nil then ok to transfer but if it states something like this 'Tanah ini tidak boleh dipindah milik digadai atau dipajak melainkan dengan kelulusan pihak yang berkuasa' then you have issue. Well i think in your case its the latter.

However normally for property >5 years old, with good reasons the appeal will go thru. Quiet standard for the authority to reject the first application.
*
thx bro! i find this funny tho how come my lawyers didnt encounter this when they did the land title search? can this actually happen? or is this a screw up on their part?

good reasons for appeal? waht kinda reasons?

thx for the help and info btw.
ableze_joepardy
post May 19 2014, 09:02 PM

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QUOTE(stereotypical @ May 19 2014, 07:19 PM)
thx bro! i find this funny tho how come my lawyers didnt encounter this when they did the land title search? can this actually happen? or is this a screw up on their part?

good reasons for appeal? waht kinda reasons?

thx for the help and info btw.
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When do title search we will get a copy of the title right? If so then your lawyer shouldnt miss the sekatan statement.
Jay36
post May 20 2014, 06:47 PM

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QUOTE(stereotypical @ May 19 2014, 07:19 PM)
thx bro! i find this funny tho how come my lawyers didnt encounter this when they did the land title search? can this actually happen? or is this a screw up on their part?

good reasons for appeal? waht kinda reasons?

thx for the help and info btw.
*
Yes I experienced few lawyers who don't understand the Sekatan... Sometimes I need to advise them rather then them advising me ha ha

If the reason is related to health ex. need money for medical treatment etc. will easily be approved. On your case the property is 20years old normally the authority are a bit relax on the reasons. The lawyer can also check with the related Pejabat Tanah as they can advise accordingly.
stereotypical
post May 22 2014, 01:16 AM

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QUOTE(Jay36 @ May 20 2014, 06:47 PM)
Yes I experienced few lawyers who don't understand the Sekatan... Sometimes I need to advise them rather then them advising me ha ha

If the reason is related to health ex. need money for medical treatment etc. will easily be approved. On your case the property is 20years old normally the authority are a bit relax on the reasons. The lawyer can also check with the related Pejabat Tanah as they can advise accordingly.
*
ah okies thx a lot for that news i really hope it goes tru tho, i just want a decent home for my kids.

im meeting my lawyer tomorrow, he doesnt seem to positive about it though, he actually wants to discuss if we actually want to appeal or not. dont think he's well knowledged like u forumers here.

the unit is actually quite rundown and under a divorce case for more than 7 yrs, in that time the cheating husband was utilizing this place wit the wife moved out elsewhere, the wife finally won the case and the title given to her, so she can kick the husband out and she's desperate to sell it off, very long story la. just thought can this be a good reason? since the owner is a datuk, she already got a lot of money, dun think she can pretend she needs to sell off house for medical reasons.

any other explanations can be given to the land office? when u said contact pejabat tanah and advise accordingly? shouldnt my lawyers know wat to do? i was thinking to tell the lawyer to get the number of bumi owners in that condo to show that theyve already have sufficient quotas.

any feedback or help on info would be greatly appreciated!

thx

outpace
post Mar 25 2015, 11:01 PM

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QUOTE(stereotypical @ May 22 2014, 01:16 AM)
ah okies thx a lot for that news i really hope it goes tru tho, i just want a decent home for my kids.

im meeting my lawyer tomorrow, he doesnt seem to positive about it though, he actually wants to discuss if we actually want to appeal or not. dont think he's well knowledged like u forumers here.

the unit is actually quite rundown and under a divorce case for more than 7 yrs, in that time the cheating husband was utilizing this place wit the wife moved out elsewhere, the wife finally won the case and the title given to her, so she can kick the husband out and she's desperate to sell it off, very long story la. just thought can this be a good reason? since the owner is a datuk, she already got a lot of money, dun think she can pretend she needs to sell off house for medical reasons.

any other explanations can be given to the land office? when u said contact pejabat tanah and advise accordingly? shouldnt my lawyers know wat to do? i was thinking to tell the lawyer to get the number of bumi owners in that condo to show that theyve already have sufficient quotas.

any feedback or help on info would be greatly appreciated!

thx
*
Solved? moved on from this ?
how the story ended ??


first owner - bumi
Second owner - non-bumi (converted the unit, and decided to sell off)
Third owner - Only Malaysian and if bumi bought the house again, then it's a bumi lot to Fourth owner

This post has been edited by outpace: Mar 26 2015, 11:23 PM
Rayzio
post Mar 26 2015, 11:17 AM

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QUOTE(outpace @ Mar 25 2015, 11:01 PM)
Solved? moved on from this ?
how the story ended ??
I need to ask, can a non-bumi sell his converted bumi-lot to non-bumi?

first owner - bumi
Second owner - non-bumi (converted the unit, and decided to sell off)
Third owner - BUMI ONLY????? or can be non-bumi without going through the consent / converting process again?
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If not mistaken, as long as previously already managed to convert to Non-Bumi, then subsequently can sell to any Non-Bumi buyers already without having to go through the same process again.
Asgaard
post Mar 26 2015, 01:02 PM

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I am a banker.

I have a customer who purchase bumi lot and he managed to get it done albeit taking longer time. The owner of the property make a declaration he got no money pay for this property and forced to sell to non bumi since no other bumi have intention to purchase.After few appeals, it's approved.

This post has been edited by Asgaard: Mar 26 2015, 01:03 PM
chuamhc
post May 2 2015, 11:30 AM

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http://bumilot.blogspot.com/
chuamhc
post May 2 2015, 11:31 AM

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kenyong1987
post Aug 6 2015, 04:47 PM

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This post has been edited by kenyong1987: Aug 13 2015, 07:28 PM
Vizhai
post May 23 2016, 12:23 PM

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QUOTE(Asgaard @ Mar 26 2015, 01:02 PM)
I am a banker.

I have a customer who purchase bumi lot and he managed to get it done albeit taking longer time. The owner of the property make a declaration he got no money pay for this property and forced to sell to non bumi since no other bumi have intention to purchase.After few appeals, it's approved.
*
Hi Banker, i have some problems about Bumi Lot Freehold Land convert, can i pm you to ask?
I am newbie, Thank you.
xlancer
post Mar 25 2017, 07:14 PM

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Hi TS, is your uncle appeal success?
nexona88
post Mar 25 2017, 08:11 PM

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TS mia since April 2016 laugh.gif
Brilowch
post Jul 15 2017, 11:34 AM

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QUOTE(Asgaard @ Mar 26 2015, 01:02 PM)
I am a banker.

I have a customer who purchase bumi lot and he managed to get it done albeit taking longer time. The owner of the property make a declaration he got no money pay for this property and forced to sell to non bumi since no other bumi have intention to purchase.After few appeals, it's approved.
*
Would you be able to recommend a good lawyer with good success rate who can get it done? I bought a bumi lot highrise and difficult to sell without converting to non bumi unit. Thanks
Asgaard
post Jul 15 2017, 09:54 PM

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QUOTE(Brilowch @ Jul 15 2017, 11:34 AM)
Would you be able to recommend a good lawyer with good success rate who can get it done? I bought a bumi lot highrise and difficult to sell without converting to non bumi unit. Thanks
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Don't think it's possible. You are only able to convert it if u found buyer and have valid reason such as financial issue, etc
-/00\-
post Jul 15 2017, 11:31 PM

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QUOTE(Brilowch @ Jul 15 2017, 11:34 AM)
Would you be able to recommend a good lawyer with good success rate who can get it done? I bought a bumi lot highrise and difficult to sell without converting to non bumi unit. Thanks
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You are purchasing bumi quota unit or bumi lot ?strata title issue ? Title stated it's bumi lot?
azmanadnan
post Feb 7 2019, 09:27 AM

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Just to necro a bit. Sorry. Recently one of my businessman friend interested to buy a freehold bungalow in selangor bought by a bumi. Bumi bought new 1 year ago.
Agent said easy peasy coz agent wants the business. She said should be same as normal transaction. So can bumi who bought bumi lot easily sell to non bumi or need extra steps.
BEANCOUNTER
post Feb 7 2019, 11:19 AM

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FREEHOLD landed shouldn't be any problem......especially in Selangor.

Kelantan I am not sure.

p/s - there is no such thing as BUMI LOT for freehold properties. Bumi merely getting extra discount only when purchased.
i am yijie P
post Jun 3 2019, 12:14 PM

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u can get some related info from here:https://www.kuekong.com/bumiputra-lot-%E5%9C%9F%E8%91%97%E5%B1%8B%E4%B8%9A/

 

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