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 Bumi not allowed to buy public condo unit, Developer's antic

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wanted111who
post Aug 28 2012, 06:35 PM

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Thanks to the government, some state government allow developer to change bumi against non bumi quotation if really proven they can't sold the bumi lot,they need advertise ' here and there ' . but i heard some state government die die also need at least 30% bumi lot and cannot change the quotation , ,die die also MUST need minimum 30% quotation allocate for bumi . And if bumi also want buy non bumi lot then who want buy bumi lot?

Pity the developer also,

These is what i know and heard of, never really a law expert, So the input might be incomplete or incorrect
wanted111who
post Aug 28 2012, 07:26 PM

On my way
****
Junior Member
535 posts

Joined: Apr 2012
QUOTE(adli8 @ Aug 28 2012, 07:09 PM)
Previously  had a discussion with my lawyer. Doesn't matter either your bought a sub sale non bumi unit or you forego the bumi discount for undercon property, it will as you said "magically" hey presto.. become a bumi-lot...
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