H, want to make a thread here, everything and anything under the sun related to Malay Reserve Land or Tanah Rizab Melayu and Bumiputera House & Property quotas.

First off, want to ask about desirability of owning Malay Reserve Land. Is it worth it in terms of investment and also for stay (with view of selling in long-term)?
Usually when you buy, you can't profit a lot since restricted only to a particular group, however prime locations dictate otherwise such as Kampung Baru and certain other Kampung Melayu surrounding KL. So, what are the early signs or indicators of which Malay Reserve Land (MRL after this) will be worth it? is it worth purchasing MRL say in Putrajaya or Nusajaya (Kota Iskandar) etc, with a view of selling in long-term? Or will profit margin be too minimal compared to other investment vehicles? Flipping MRL doesn't usually happen if any so its usually for long-term hold.

As for Bumiputera quotas, is it worth buying from this quota since again reselling is restricted to certain group? So, if looking to flip, almost no chance and won't fetch as high a price as other open or international houses. Then again, what if in the view of buying a Bumi lot, but then apply to get it changed to open status when reselling? It's possible in Selangor under current PR govt and just pay about RM5k if im not mistaken. So, will it be a higher profit margin if do this route in terms of investment (flipping)?

Another question, lets use an example of a house in Malay Reserve land which automatically means bumi lot and much tougher to sell, what would be the desirables that would make it much easier to sell or resell? in terms of demographics, what type of houses, size, features or amenities if any, that would make it desirable in long-term?

Hope the gurus can share some opinions on this. even if not fully experienced with bumi lots and MRL, atleast can provide some info and expertise or experience in situations similar to this?

hahaha.. best answer



this is assuming that the bumi are buying the properties for own use in the longer term.
but what are the indicative factors and signs that can show what would be a pre-inlfation of prices, or good investment with view that it will rise in price in the medium term (2-7 years perhaps)? surrounding development / opening up of new factories (job creation=more people) / tourist hotspots (for homestay / rent / etc) to name a few? how to judge what would be a success and what (despite grand projects in pipeline) will be a bust?

thanks very much for your answers and contribution to discussion

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Added on August 10, 2011, 9:23 pmmaybe. if theres money to be had. money is money.
im just curious, if in selangor, can buy a bumi lot at 7% discount off say a rm500k property, thats rm35k discount.
to change the title, possibly only say rm5k + rm2k other expenses, right off the bat can profit rm28k off original price. not taking into account the price will probably rise in due time, its potentially higher profit margin.

This post has been edited by comics_junkie: Aug 10 2011, 09:23 PM