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AtMostFear
post Jun 2 2024, 08:48 PM

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QUOTE(tZZ @ May 28 2024, 04:28 PM)
Could you pls share how did you perform the land search ?
*
I'm no expert since it's also my first time but here's what I have gathered.

you need to pay to do a land search, and it involves getting the LATEST land document from land office. your option is:

1. DIY with Land Office (cheaper, RM30-50 per search)
if your property is in KL, then you need to do land search at KL Land Office. you can go to the land office physically to do land search. for KL Land Office, I found that we can do online at its website www.ptgwp.gov.my but apparently need to go to office for first time biometric identification. since I don't have time to go the land office, I did not take this option.

if you have the POS for the auction unit, I think it'll be easier to DIY since POS already states the unit number, lot number, etc. (doing land search is not just inputting the property address, you need to know the specific lot number of the property)

2. Just use agent/lawyer/www.easylaw.com.my/etc. (will be more expensive, but less hassle for you)
I paid my lawyer RM100 to do the land search for me. then asked him to explain the land document one by one. e.g. which part of the document says there's no caveat, which one says bumi lot only, etc.

if you're doing this once, I suggest to just use an agent/lawyer to do land search..unless you have time and knows how to read land document, then only DIY
tZZ
post Jun 4 2024, 12:48 PM

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QUOTE(AtMostFear @ Jun 2 2024, 08:48 PM)
I'm no expert since it's also my first time but here's what I have gathered.

you need to pay to do a land search, and it involves getting the LATEST land document from land office. your option is:

1. DIY with Land Office (cheaper, RM30-50 per search)
if your property is in KL, then you need to do land search at KL Land Office. you can go to the land office physically to do land search. for KL Land Office, I found that we can do online at its website www.ptgwp.gov.my but apparently need to go to office for first time biometric identification. since I don't have time to go the land office, I did not take this option.

if you have the POS for the auction unit, I think it'll be easier to DIY since POS already states the unit number, lot number, etc. (doing land search is not just inputting the property address, you need to know the specific lot number of the property)

2. Just use agent/lawyer/www.easylaw.com.my/etc. (will be more expensive, but less hassle for you)
I paid my lawyer RM100 to do the land search for me. then asked him to explain the land document one by one. e.g. which part of the document says there's no caveat, which one says bumi lot only, etc.

if you're doing this once, I suggest to just use an agent/lawyer to do land search..unless you have time and knows how to read land document, then only DIY
*
Thanks for sharing. Much appreciated.
ahkit123
post Jun 4 2024, 07:14 PM

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QUOTE(engm85 @ May 29 2024, 04:34 PM)
Can get 70% from MV if prop 3rd and above?

Loan tenure also can max up until 70yrs old right.
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Yes
AskarPerang
post Aug 6 2024, 09:32 PM

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From 1M+.
Auction for the 16th time now.
Price drop more than 50%.

Anyone?


user posted image
azmanadnan
post Aug 7 2024, 06:40 AM

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QUOTE(Aldo-Kirosu @ Nov 26 2023, 09:36 AM)
Once hammer falls, auctioned unit bank will paid to Auctioneer & agent. Bidder pay 0 to agent.

Do somebody asking fee from you?
*
I was told by agent not all banks covers
Such as RHB bank , bidder will have to pay ?

And also title searches if not sucessful bidder have to pay?
forever1979
post Aug 7 2024, 07:52 AM

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agent fee shall be pay by bank on behalf of the seller (defaulter) as this expenses will be charge to the account.

while title search is pay when u want to conduct the search. just like if the interested bidder want to find out the outstanding balance on maintenance fee, TNB or water, if he need the service of the agent/3rd party, he may need to pay for it.


Rinth
post Aug 7 2024, 12:41 PM

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QUOTE(forever1979 @ Aug 7 2024, 07:52 AM)
agent fee shall be pay by bank on behalf of the seller (defaulter) as this expenses will be charge to the account.

while title search is pay when u want to conduct the search. just like if the interested bidder want to find out the outstanding balance on maintenance fee, TNB or water, if he need the service of the agent/3rd party, he may need to pay for it.
*
not all bank..iirc MBSB, PBB Affin no pay agent fee, buyer normally need to pay the agent fee themselves.
thx2012
post Aug 7 2024, 01:03 PM

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QUOTE(AskarPerang @ Aug 6 2024, 09:32 PM)
From 1M+.
Auction for the 16th time now.
Price drop more than 50%.

Anyone?
user posted image
*
This Location not good and rental not very good, 2k for 1400 sqft, if 2400 sqft i think rental only can go to 2400 or 2500 like that.

Tenant Target only Working Adult, not University, Not much Office buidling surrounding, Not Professional Foreigner surrounding.

Conclusion, not worth it.
ahkit123
post Aug 8 2024, 12:34 PM

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QUOTE(AskarPerang @ Aug 6 2024, 10:32 PM)
From 1M+.
Auction for the 16th time now.
Price drop more than 50%.

Anyone?
user posted image
*
How much maintenance fee for 2500sf
thx2012
post Aug 8 2024, 06:34 PM

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QUOTE(ahkit123 @ Aug 8 2024, 12:34 PM)
How much maintenance fee for 2500sf
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I guess should be around 0.30 cent or 0.35 cent, this unit so big, the maintenance fee, Cukai Tasiran, Fire insurance sure very expensive 1. Rugi Deal...
MGM
post Aug 9 2024, 09:06 PM

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QUOTE(thx2012 @ Aug 7 2024, 01:03 PM)
This Location not good and rental not very good, 2k for 1400 sqft, if 2400 sqft i think rental only can go to 2400 or 2500 like that.

Tenant Target only Working Adult, not University, Not much Office buidling surrounding, Not Professional Foreigner surrounding.

Conclusion, not worth it.
*
Own stay for retirement 6 persons?
thx2012
post Aug 10 2024, 06:04 PM

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QUOTE(MGM @ Aug 9 2024, 09:06 PM)
Own stay for retirement 6 persons?
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Own stay choose better condo and better developer. This condo not look good
IAmYourFather
post Aug 10 2024, 09:54 PM

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QUOTE(azmanadnan @ Aug 7 2024, 06:40 AM)
I was told by agent not all banks covers
Such as RHB bank , bidder will have to pay ?

And also title searches if not sucessful bidder have to pay?
*
For title searches depends on agents. I have met agents that charged me, for which then I knew his company already searched for it already and all the agents under them charges their client. After that I changed my agent.
azmanadnan
post Aug 11 2024, 12:41 PM

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QUOTE(IAmYourFather @ Aug 10 2024, 09:54 PM)
For title searches depends on agents. I have met agents that charged me, for which then I knew his company already searched for it already and all the agents under them charges their client. After that I changed my agent.
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Oh some agents do it for free despite failed attempt ?
IAmYourFather
post Aug 11 2024, 03:26 PM

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QUOTE(azmanadnan @ Aug 11 2024, 12:41 PM)
Oh some agents do it for free despite failed attempt ?
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yes they do
staind
post Aug 13 2024, 10:54 PM

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I recently won a high court auction for a vacant landed property that comes with an individual title. The house is 4 years old. Originally, the neighborhood was not gated and guarded, but the residents applied to the local council for permission to build fencing and install gates three years ago. The management of the gated area has since been subcontracted to a third-party service provider.

I contacted the service provider to request a security access card, but they denied my request, insisting that I must first pay off the outstanding fees owed by the previous owner. I reviewed the outstanding balance, which initially listed the previous owner as "unknown." However, after I reached out for the access card, they changed the outstanding balance to my name. The management committee claims they never knew who the previous owner was and were unable to collect the security fees from him. They further stated that I must pay previous owner's outstanding under the reason that I must accept all risks and responsibilities of my unit including maintenance fee as I bought this unit from auction.

In my case, Plaintiff (bank) only allow Cukai Tanah and Cukai Tanah to be claimable. Maintenance fee is not covered.

I wrote an appeal, expressing my commitment to pay future maintenance fees, but it was rejected. Has anyone else experienced something similar? What options do I have in this situation?

thank you in advance.



This post has been edited by staind: Aug 13 2024, 11:02 PM
victorian
post Aug 14 2024, 12:08 AM

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QUOTE(staind @ Aug 13 2024, 10:54 PM)
I recently won a high court auction for a vacant landed property that comes with an individual title. The house is 4 years old. Originally, the neighborhood was not gated and guarded, but the residents applied to the local council for permission to build fencing and install gates three years ago. The management of the gated area has since been subcontracted to a third-party service provider.

I contacted the service provider to request a security access card, but they denied my request, insisting that I must first pay off the outstanding fees owed by the previous owner. I reviewed the outstanding balance, which initially listed the previous owner as "unknown." However, after I reached out for the access card, they changed the outstanding balance to my name. The management committee claims they never knew who the previous owner was and were unable to collect the security fees from him. They further stated that I must pay previous owner's outstanding under the reason that I must accept all risks and responsibilities of my unit including maintenance fee as I bought this unit from auction.

In my case, Plaintiff (bank) only allow Cukai Tanah and Cukai Tanah to be claimable. Maintenance fee is not covered.

I wrote an appeal, expressing my commitment to pay future maintenance fees, but it was rejected. Has anyone else experienced something similar? What options do I have in this situation?

thank you in advance.
*
how big is the maintenance fee sum owed?

suggest to just pay it and move on from there.

else, you have to play the hard game with the MC and endure registering as visitor everyday.
trusol
post Aug 14 2024, 01:56 AM

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QUOTE(staind @ Aug 13 2024, 10:54 PM)
I recently won a high court auction for a vacant landed property that comes with an individual title. The house is 4 years old. Originally, the neighborhood was not gated and guarded, but the residents applied to the local council for permission to build fencing and install gates three years ago. The management of the gated area has since been subcontracted to a third-party service provider.

I contacted the service provider to request a security access card, but they denied my request, insisting that I must first pay off the outstanding fees owed by the previous owner. I reviewed the outstanding balance, which initially listed the previous owner as "unknown." However, after I reached out for the access card, they changed the outstanding balance to my name. The management committee claims they never knew who the previous owner was and were unable to collect the security fees from him. They further stated that I must pay previous owner's outstanding under the reason that I must accept all risks and responsibilities of my unit including maintenance fee as I bought this unit from auction.

In my case, Plaintiff (bank) only allow Cukai Tanah and Cukai Tanah to be claimable. Maintenance fee is not covered.

I wrote an appeal, expressing my commitment to pay future maintenance fees, but it was rejected. Has anyone else experienced something similar? What options do I have in this situation?

thank you in advance.
*
It doesn't sound like a strata development, so how could there be any management fee debt? What was the type of fee charged to the previous owner?
trusol
post Aug 14 2024, 02:03 AM

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QUOTE(victorian @ Aug 14 2024, 12:08 AM)
how big is the maintenance fee sum owed?

suggest to just pay it and move on from there.

else, you have to play the hard game with the MC and endure registering as visitor everyday.
*
Yes, if it is not much, just pay up and move on.

Legally, they cannot stop anyone from entering unless it is a strata scheme where the management can prevent non-residents from entering.


staind
post Aug 14 2024, 02:20 AM

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QUOTE(victorian @ Aug 14 2024, 12:08 AM)
how big is the maintenance fee sum owed?

suggest to just pay it and move on from there.

else, you have to play the hard game with the MC and endure registering as visitor everyday.
*
It is around rm4k.

QUOTE(trusol @ Aug 14 2024, 01:56 AM)
It doesn't sound like a strata development, so how could there be any management fee debt? What was the type of fee charged to the previous owner?
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It is not strata development. The title is individual title.
They name it management fee in the outstanding bill but to me it is Security fee.

QUOTE(trusol @ Aug 14 2024, 02:03 AM)
Yes, if it is not much, just pay up and move on.

Legally, they cannot stop anyone from entering unless it is a strata scheme where the management can prevent non-residents from entering.
*
Thanks.
Is there any avenue I can bring this to higher authority?
I called up local council and they said should bring this up to Tribunal Perumahan. I think Tribunal perumahan is based on Strata Management Act which my unit may not be covered.

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