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

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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.

 

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