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 New ruling in Selangor?

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ericayee
post Sep 22 2014, 04:36 PM

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Just to confirm,
for programme thru MM2H, even federal govt said is RM1mil and above,
but in selangor still have to RM2mil in zone 1, for example?

Land is state matters, right?
ericayee
post Sep 22 2014, 04:51 PM

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QUOTE(cfa28 @ Sep 22 2014, 04:39 PM)
Yes, Religion and Land are under the sole discretion of the State Government. That is of course the State introduces some measures which is against the Federal Constitution such as barring certain races from ownership of all Land.

Note in some states, although the Bumi Quota can be as high as 70%, it is still ok, so long as it is not 100% but then again, we already have Malay Reserve Land but to bar non-Malays from total ownership would be challenged in Court.
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Hmm, that's good direction done by govt for Malaysian.
however, will developer increase the price in future in order to cap partially of non-bumi quota to sell to foreigners?
hopefully not affecting locals like us.

Unsure any further announcement will be made in the coming budget 2015 by federal govt.
haha

 

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