QUOTE(dingdong985 @ Mar 6 2011, 04:14 PM)
hm...bumi lot is reserve for bumi only.
They are cheaper than other unit. If you are not a bumi, and trying to buy a bumi lot, you will face a lot of problem in transferring the name.
Normally will no take the risk as it might take a lot time and effort and money to transfer the house title to a non-bumi.
this is what i know so far. hope its help
hey dingdong985,They are cheaper than other unit. If you are not a bumi, and trying to buy a bumi lot, you will face a lot of problem in transferring the name.
Normally will no take the risk as it might take a lot time and effort and money to transfer the house title to a non-bumi.
this is what i know so far. hope its help
Is the property freehold or leasehold? Still under master title?
If freehold, still 'transferable' but it will takes time and subject to Land Office.
But leasehold, don't ever try it. My colleague just bought a leasehold, failed to transfer the bumi lot and end up losing money for processing fee and legal fee. Don't ever trust the lawyer who said can do it, they were just trying and end-up they will charge u as well if it fails.
Mar 6 2011, 11:09 PM

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