Bumi Lot Freehold, transfer to non bumi
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 Apr 17 2012, 06:40 AM
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#1
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Senior Member
3,820 posts Joined: Jan 2009 From: Land of the Hornbills & Land Below the Wind  
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It depends on state government. Strictly speaking, it is not possible.(Frankly speaking, it is possible. Typo mistake).
If there is 30% bumi units unsold at the end, developer can apply to convert such units to non-bumi lots, thus be able to sell to non-bumi. As i've said, such thing requires permission from state government. It can be approved and not be approved. This post has been edited by edyek: Apr 17 2012, 11:20 AM |
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Apr 17 2012, 11:17 AM
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#2
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Senior Member
3,820 posts Joined: Jan 2009 From: Land of the Hornbills & Land Below the Wind
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QUOTE(michaellee @ Apr 17 2012, 10:02 AM) Actually it is possible. There is no specific sections at all in our national land code regarding bumi lot. Malay reserve yes. For bumi lot conversion you need the mb signature which usually can be obtainable with the service of a runner. However from developer to end user might not be possible. Sorry sorry. My mistake. What I mean it is possible provide there is permission from state government.   |
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