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Investment Malay Reserve Land and Bumiputera House & Property, what is expected from these?

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nandini.a
post Jun 19 2014, 06:19 PM

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QUOTE(davidlow7 @ Jun 2 2012, 12:36 AM)
My friend just bought a condo and found out in the document..... from lawyer..
- It can be sold to non-Malay
- as long as the ownership does not changed to a Malay then non-Malay can buy it

- Once the ownership changed to Malay.. it seems the Malay reserve land thingy only enforce.

Can someone enlighten this?
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Hi, I am currently writing a paper on Bumi lots and Malay Reserve Lots. Can you please let me know where I could acquire this document for reference? I hope it's available online
nandini.a
post Jun 19 2014, 11:18 PM

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QUOTE(Helius @ Jul 31 2013, 03:23 PM)
Yup.. U have to get consent from local authority...

It depends on which authority nowdays, if DBKL is the easiest.. 3 months approval out.

Title will be strata and only non bumi can sell to either bumi / non bumi. Anyway, once sold to non bumi, that unit will convert bumi unit automatically.
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Do you mean Bumi lot? Or MLR? Cause I there is an earlier post saying that MLR cannot be sold/rented to non-bumi at all.
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