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Transferring bumi-lot to non-bumi, Is this possible?
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malaysiaku
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 Apr 7 2011, 09:10 AM
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Getting Started
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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?  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? thank you  |
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malaysiaku
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Apr 7 2011, 09:45 AM
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Getting Started
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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?  |
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malaysiaku
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Apr 7 2011, 11:18 AM
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Getting Started
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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 |
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