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

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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
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
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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!
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welcome to Malaysia

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

 

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