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 TR RESIDENCE @ JALAN TUN RAZAK - V2.0, Titiwangsa (Owners & Buyers Thread)

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mkbb77
post May 31 2018, 12:19 PM

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QUOTE(BEANCOUNTER @ May 31 2018, 11:53 AM)
hmmm....

correct me if I am wrong.....super noob here.

I thought renewal of lease is only possible either AFTER the project is completed OR when individual strata title is issued, no?

if you bought a 70yrs old empty lease land for development, I don't think you can renew it to 99yrs after purchase.
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Not really bro, when I bought my condo bayu sentul the land left 70+years, thanks god, the developer and our government approved to renew it back to 99years with no restrictions recently. It can be renew it under master title.
mkbb77
post May 31 2018, 12:29 PM

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QUOTE(BEANCOUNTER @ May 31 2018, 12:26 PM)
TRUE AFTER THE BUILDING IS BUILT, and not BEFORE.
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As I know SkyAwani renew it before build it
mkbb77
post May 31 2018, 01:09 PM

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QUOTE(BEANCOUNTER @ May 31 2018, 12:33 PM)
was there building there before SkyAwani bought the land?
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It was vacant land, bro.

 

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