Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Multiple Signs of Malaysia Property Bubble V20

views
     
kkk8787
post Sep 27 2018, 05:58 AM

Julyd8th
*******
Senior Member
2,525 posts

Joined: Sep 2013


QUOTE(bearbearwong @ Sep 27 2018, 01:15 AM)
sp and eco world simonyet/southern region also cry till no tears
*
Semenyih very bad? Worse than cyber?
kkk8787
post Sep 28 2018, 05:36 AM

Julyd8th
*******
Senior Member
2,525 posts

Joined: Sep 2013


QUOTE(bearbearwong @ Sep 27 2018, 10:17 PM)
cyber got more hope than simonyet
*
If u see the q for eco World semenyih vs SEG cyberjaya, q for semenyih was longer. Whereas SEG seems mostly for own stay. Just wondering why. Price point different? Seg semi at that time at 2m d maybe not so suitable for flippers. Potential uptrend next 10 years for SEG ?
kkk8787
post Dec 15 2018, 05:18 PM

Julyd8th
*******
Senior Member
2,525 posts

Joined: Sep 2013


QUOTE(kb9 @ Dec 15 2018, 04:54 PM)
In Selangor once ownership change from bumi to non-bumi, u can assume that it will become bumi lot in future transaction.

Bumi or non bumi lot is not endorsed in title, local authority only refer to the current owner (they arent going to dig previous transaction)
*
Wait if bumi change to non bumi, the non bumi still have to sell back to bumi u mean
kkk8787
post Dec 15 2018, 05:38 PM

Julyd8th
*******
Senior Member
2,525 posts

Joined: Sep 2013


QUOTE(AskarPerang @ Dec 15 2018, 05:37 PM)
Got typo in his statement. Corrected statement as below:
In Selangor once ownership change from non-bumi to bumi, u can assume that it will become bumi lot in future transaction.
*
Wow. Wait this is even for lots not allocated as bumi lot?
kkk8787
post Dec 21 2018, 06:32 AM

Julyd8th
*******
Senior Member
2,525 posts

Joined: Sep 2013


So all in all is lelong a good deal for newcomers. I mean ppl who r not familiar with these? Only attracted by the price
kkk8787
post Dec 22 2018, 04:26 PM

Julyd8th
*******
Senior Member
2,525 posts

Joined: Sep 2013


QUOTE(AskarPerang @ Dec 20 2018, 11:15 PM)
Cyberjaya is a limited freehold place. Meaning that it is only freehold by name. But name transfer the property at Cyberjaya still need to request consent from the authority. Same like leasehold property.

So this will depend on the local authority for that area. Whether a bumi unit can sell to non bumi or not or need to get written approval / consent beforehand from them.
*
Interested in meaning of limited freehold. Asked my developer, they said no such thing?
kkk8787
post Dec 22 2018, 04:52 PM

Julyd8th
*******
Senior Member
2,525 posts

Joined: Sep 2013


QUOTE(AskarPerang @ Dec 22 2018, 04:51 PM)
Developer of course got interest in selling you the property. Place to check is the authority land office.

All cyberjaya POS although is freehold property come wuth this clause: There Is a Restriction-In-Interest i.e. “Tanah yang diberi milik ini tidak boleh dipindah milik, dipajak atau digadai
melainkan dengan kebenaran Pihak Berkuasa Negeri”.

For info this clause is the same for all leasehold property. Elsewhere for freehold property such as in KL or most other area in Klang Valley, no such restriction.

Hence, the term "limited freehold" is used for property in Cyberjaya.
*
Hi where can I read about this

 

Change to:
| Lo-Fi Version
0.0207sec    0.73    7 queries    GZIP Disabled
Time is now: 9th December 2025 - 10:31 PM