Ppl not buying, but sapu... Especially prime location like Pantai Sentral Park...

What do they launch for first phase? What is the PSF like?

Malay reserve land, no concern?

Who's care?

Can non-bumi buy malay reserve land?

U sure?

I care very much

Anyway, is not MRL...

Like Saville Bangsar which I think is quite special case, it was malay reserve land but quota approved as 50%:50% so non bumi capped at 50%

Most MRL is 100% bumi...

Just FYI, I have checked land office that saville bangsar is not MRL, but is a freehold land. Anyway, it is only with higher BUMI quota initially... And now developer has managed to get 70% of non BUMI allocation...

Land office info has the most accurate info that we should look into....

Are you serious? I heard frm insider 50%:50% quota same as other MRL practice

This post has been edited by ecin: Aug 29 2013, 11:48 AM

This I'm very sure as info I got with land office... If u have vested in saville bangsar, u could get runner to search for the title which stated " Freehold" .... But a BUMI quota of 50:50 stated in title...

Developer has managed to secure 70% allocation to non BUMI in last 2 months only... So when title issued, land title / strata title will quote as " freehold"... But consent needed for MOT....

That is y many thought is was a MRL, in fact which is not... And consent needed as leasehold properties in KV....

Which block exactly? Can you point out in the map?

Parcel 1 in map... Is just right opposite those PPR flats... Internal staff got 700 psf.... But all facing PPR flats, unless u choose those floors more than 16 floor above..

May I know where is the sales office? Thx

Seriously - this is stupid.

They expect the public to buy those crap units facing the flats? I mean - who would buy there to stay or even to invest? If one buys from 2nd hand market, why in the world would I choose this place (which is alright only to start with) which face the flats???

Frankly, as an investor, I think all this nonsense selling to internal staff first and all is so unhealthy. The Govt should really put a stop to this!!! Nonsense.

Will now walk away from this project...

Bro.. Steady... This is the one & only forest township which combine natural and home/ office together...

Ppl are buying through internal staff with under table money for good view I heard....

govt cant do much leh...this is a private inititaitive.

looks at Elmina East...almost phase 1 n 2 sapued by staff booking.....

Wrong.
Of course the Govt can do something - don't you know everything you go through today is a direct/indirect impact of Govt policies?
It's about the policies they implement to govern property dealings.