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 Bumi lot to non-bumi (freehold), no consent needed?

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TSISawYou
post Aug 24 2016, 08:42 AM, updated 9y ago

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I was told by a SA, freehold doesn't need the consent from the government so selling a bumi unit to non-bumi shouldn't be any problem and we don't have to go thought the hassle, unlike leasehold.

is this true guys?
arepit
post Aug 24 2016, 08:46 AM

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can we really sell bumi lot to non-bumi?
TSISawYou
post Aug 24 2016, 09:11 AM

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QUOTE(arepit @ Aug 24 2016, 08:46 AM)
can we really sell bumi lot to non-bumi?
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iinm yes you can, the only problem is having to go through the tedious process of awaiting/submitting/approval from the government, which sometimes take months to complete.
266K
post Aug 24 2016, 01:47 PM

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I booked a condo in mainland Pg, SA told me need to wait for 80% project completion before they appy to convert to non bumi. since it is new unit so when it is time, they would apply en block what ever not sold to non bumi, not foresee any problem according to SA, not many bumi like to buy condo yet in mainland Pg per SA
Sickness8
post Aug 24 2016, 03:03 PM

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How about house built on tanah rezab melayu?
TSISawYou
post Aug 24 2016, 04:38 PM

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QUOTE(266K @ Aug 24 2016, 01:47 PM)
I booked a condo in mainland Pg, SA told me need to wait for 80% project completion before they appy to convert to non bumi. since it is new unit so when it is time, they would apply en block what ever not sold to non bumi, not foresee any problem according to SA, not many bumi like to buy condo yet in mainland Pg per SA
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yes, market trend so far non-bumi quota sold out faster than bumi.
TSISawYou
post Aug 24 2016, 04:38 PM

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QUOTE(Sickness8 @ Aug 24 2016, 03:03 PM)
How about house built on tanah rezab melayu?
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This I don't know. Sorry.
forever1979
post Aug 26 2016, 09:47 AM

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malay reserve land is mean for malay only, other race cannot touch one.

cant seek consent or appeal....


leftist
post Sep 1 2016, 09:50 AM

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freehold bumi sell to non bumi no problem as long as it dont have sekatan kepentingan..that one u have to go thru many hassle to get it done...most freehold properties dont have sekatan kepentingan

This post has been edited by leftist: Sep 1 2016, 09:52 AM
Vizhai
post Apr 18 2017, 08:36 AM

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QUOTE(ISawYou @ Aug 24 2016, 08:42 AM)
I was told by a SA, freehold doesn't need the consent from the government so selling a bumi unit to non-bumi shouldn't be any problem and we don't have to go thought the hassle, unlike leasehold.

is this true guys?
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IS this apply to Sabah?
TSISawYou
post Apr 18 2017, 12:05 PM

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QUOTE(Vizhai @ Apr 18 2017, 08:36 AM)
IS this apply to Sabah?
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it is the same everywhere within malaysia
shaniandras2787
post Apr 18 2017, 01:06 PM

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QUOTE(ISawYou @ Aug 24 2016, 08:42 AM)
I was told by a SA, freehold doesn't need the consent from the government so selling a bumi unit to non-bumi shouldn't be any problem and we don't have to go thought the hassle, unlike leasehold.

is this true guys?
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Government has passed a legislation that each and every developer has to allocate a certain percentage (%) of their total development to BUMI only purchasers and they can only open for public sale after a certain condition has been met (eg. make reasonable efforts to promote the sale of such units and still unable to secure BUMI purchasers).

After proving to the relevant department that all endeavors to secure BUMI purchasers have been exhausted then an application needed to be submitted to obtain approval that such units are now free from the "conditions".

If the developer sells these BUMI units prior to the compliance of these conditions then a penalty will be levied on the developer which shouldn't be a big issue now but will be a dispute during the perfection of transfer because the land authority will not register the purchasers' interest until such penalty has been paid. Developers are known to drag these payments causing purchasers not being able to register themselves.

Freehold/Leasehold is a condition determined by the local land authority, BUMI allocation is determined by the Parliament. 2 different authorities and there is no saying who triumphs who eh?

QUOTE(266K @ Aug 24 2016, 01:47 PM)
I booked a condo in mainland Pg, SA told me need to wait for 80% project completion before they appy to convert to non bumi. since it is new unit so when it is time, they would apply en block what ever not sold to non bumi, not foresee any problem according to SA, not many bumi like to buy condo yet in mainland Pg per SA
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Technically, your SA isn't lying but he isn't telling you the truth either. The developer assumed that by the time of the 80% completion, the "free BUMI lots" conditions would have been complied but hard to say.

QUOTE(Vizhai @ Apr 18 2017, 08:36 AM)
IS this apply to Sabah?
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Land laws regulating lands in the West and East of Malaysia is different, National Land Code for the earlier and Land Ordinance for the latter. There is a difference both.
hanhanhan
post Apr 18 2017, 04:31 PM

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QUOTE(ISawYou @ Aug 24 2016, 08:42 AM)
I was told by a SA, freehold doesn't need the consent from the government so selling a bumi unit to non-bumi shouldn't be any problem and we don't have to go thought the hassle, unlike leasehold.

is this true guys?
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doesnt matter freehold or leasehold. the important thing to look for is "RESTRICTION IN INTEREST / SEKATAN KEPENTINGAN" on the title.

if it doesnt have any sekatan AND it's not a TANAH RIZAB MELAYU then bumi to non bumi wont have any problem (because u dont need to apply any state consent so the land office cannot restrict u
hanhanhan
post Apr 18 2017, 04:33 PM

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QUOTE(leftist @ Sep 1 2016, 09:50 AM)
freehold bumi sell to non bumi no problem as long as it dont have sekatan kepentingan..that one u have to go thru many hassle to get it done...most freehold properties dont have sekatan kepentingan
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laymen in malaysia basically equate freehold = no restriction and leasehold = got restriction.

it's totally 2 different thing. not saying you're wrong but it's the wrong mindset to have generally.
leftist
post Apr 18 2017, 04:58 PM

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QUOTE(hanhanhan @ Apr 18 2017, 04:33 PM)
laymen in malaysia basically equate freehold = no restriction and leasehold = got restriction.

it's totally 2 different thing. not saying you're wrong but it's the wrong mindset to have generally.
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ya im aware of that..thats why i said MOST not all

enriquelee
post Apr 19 2017, 11:37 AM

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Can I put it this way,
A non bumi can buy a bumi lot if the following conditions are met.
1) There is no "RESTRICTION IN INTEREST / SEKATAN KEPENTINGAN"
2) It is not a "TANAH RIZAB MELAYU"

Is this applicable to sub sales too?
hanhanhan
post Apr 19 2017, 05:14 PM

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QUOTE(enriquelee @ Apr 19 2017, 11:37 AM)
Can I put it this way,
A non bumi can buy a bumi lot if the following conditions are met.
1) There is no "RESTRICTION IN INTEREST / SEKATAN KEPENTINGAN"
2) It is not a "TANAH RIZAB MELAYU"

Is this applicable to sub sales too?
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This mainly applies to sub-sales.

If buy from developer, then developer has the right to reject as they have to meet certain quota if they dun wan to kena penalty.
enriquelee
post Apr 20 2017, 11:01 AM

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QUOTE(hanhanhan @ Apr 19 2017, 05:14 PM)
This mainly applies to sub-sales.

If buy from developer, then developer has the right to reject as they have to meet certain quota if they dun wan to kena penalty.
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The 2 conditions correct?
wild_card_my
post Apr 20 2017, 12:12 PM

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In short, in certain states like KL and Selangor, the bumi-ness does not cary over into the title.

So for a Bumi-lot purchaser in these states, they can sell to non-Bumi once the property has been subdivided into strata/individual titles.

This does not apply to states like NS and Johor however.
mafa2801
post Apr 25 2017, 04:30 PM

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what about if leasehold. like this can?

1st owner (Non-BUMI) -> 2nd owner BUMI -> 3rd owner to be (NON-BUMI)..still can?

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