QUOTE(Hisham8686 @ Jan 13 2019, 09:39 AM)
In theory, the EG salesperson is NOT wrong, both are theoretically mutually exclusive, i.e. one could buy a non-bumi lease from the State and get the bumi discount from the developer but still sell to a non-bumi buyer later on at non-bumi price. In practice, state consent is required whenever a lease were to be transferred from one to another, the Land Office (PTG) is very unlikely to approve of such a transfer due to "quotas" that is imposed by the state, either imaginary or absolute. PTG is more likely to err on the side of caution, and reject the application of transfer of the leasehold land on ground of "quotas". Either way, the land doesn't belong anyone (developer or purchaser of the house) it belongs to the state, the buyer of a leasehold house acquired only the lease from the state. However, it's not impossible to transfer/sell a leasehold bumi lot to a non-bumi buyer, but there's plenty of complications that one has to deal with. It is still best to buy a freehold house without restriction on land.
P.S. although I am a bumi, but I have never purchased a leasehold property personally for obvious reasons. As far as I know, there's no such thing as bumi lot for leasehold, as this condition would be listed in the sekatan-sekatan khas of the "land title", usually the "land title" of the lease would be identical to the non bumi ones. I stand to be corrected.
I mean in a good way......
you memang pandai pusing pusing macam good lawyer...….
how can a bumi bought a non bumi lease from developer? is there such a thing?????? the piece of land is new lease released by state gov, and developer just got it and started developed it to sell to public. the land is said to have 50% bumi quota.
so the question is 'is developer need to predetermine which part of it is allocated to bumi 1st' or
'as long as a bumi bought, then it will be considered as part of bumi quota"?
the land is still under master. you will get the sekatan khas after individual title is issued, no?
can someone still claimed that this corner lot is a non bumi lease when I bought it (don't even know how its possible), even thought I got bumi discount, the state should never considered my purchase as bumi unit and should remain as non bumi lot.