Apr 17 2012, 11:03 AM
QUOTE(edyek @ Apr 17 2012, 06:40 AM)
It depends on state government. Strictly speaking, it is not possible.
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.
It can be done, the developer will publish the new launch advertising in newspaper for 3 days. If the allocated bumi lots unable to sell off during launching, the developer will appeal to state with the proof of advertising, pay the amount of discount of selling price to bumi directly to state, then land office re-write, the developer will then sell to non bumi. Means, the bumi discount will either goes to a bumi or state as compensation at the end. The developer will charge the levy to all non bumi buyers too. Welcome to malaysia.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.
For sub sale or 2nd hand unit which is bumi, u must appeal in land office, pay a big sum of premium for conversion and wait for the approval from datuk bandar. Doesnt means bumi property selling cheap, u non bumi can get it cheap too, the premium will killed u instantly. Better opt for other lah.
Quote
0.0198sec
0.23
6 queries
GZIP Disabled