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 Cheated by real estate agent, its my first house and its end up a mess

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zie86
post Mar 6 2011, 11:09 PM

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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 smile.gif
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hey dingdong985,

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.
zie86
post Mar 16 2011, 12:00 AM

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QUOTE(mcong @ Mar 15 2011, 09:36 PM)
Hi dingdong985, one of my fren also bought a bumi lot last year. He bought it via bank lelong (auction) actually. Also to found out that it was a bumi lot after winning the bid. No hope to get back his deposit $ anymore. But he went to the state man and got his house title to be changed to non-bumi lot finally. Of coz, that was during election period  brows.gif and also went though some 'special' process in order to get the title change done. icon_rolleyes.gif
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guys,

For bumi unit, if freehold that still under Master title it can still be done. But, it takes longer time as the house owner need to convince Land Office or Developer (since Master title still under developer) to allow the transfer.

For my case, we managed to get the transfer but with some hassle in the beginning. In the end, still managed to get it! Getting key next week...

 

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