Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

Investment Bumi discount vs Bumi Quota vs Bumi Lot, Bumi discount vs Bumi Quota vs Bumi Lot

views
     
nabelon
post Sep 12 2018, 04:12 PM

Walk of Life
******
Senior Member
1,714 posts

Joined: Aug 2005
From: Taman Pekaka, Sg. Dua, Gelugor, Penang



I find it sickening that i cant sell my property to non bumi, this nep backfires me when the purchase price difference is ciput compared to subsale gains
TSmangoproperty
post Sep 12 2018, 04:18 PM

Enthusiast
*****
Senior Member
797 posts

Joined: Oct 2015
QUOTE(nabelon @ Sep 12 2018, 04:12 PM)
I find it sickening that i cant sell my property to non bumi, this nep backfires me when the purchase price difference is ciput compared to subsale gains
*
Yours is leasehold? Or Malay reserve
AskarPerang
post Sep 12 2018, 04:28 PM

~tUPaI...~
*********
All Stars
23,688 posts

Joined: Aug 2007
From: Outer Space



QUOTE(mangoproperty @ Sep 12 2018, 04:18 PM)
Yours is leasehold? Or Malay reserve
*
Malay reserve confirm for malay only.
Leasehold bumi still can try appeal to sell to non bumi.
nabelon
post Sep 12 2018, 04:53 PM

Walk of Life
******
Senior Member
1,714 posts

Joined: Aug 2005
From: Taman Pekaka, Sg. Dua, Gelugor, Penang



QUOTE(mangoproperty @ Sep 12 2018, 04:18 PM)
Yours is leasehold? Or Malay reserve
*
Leasehold and looking at cyber freehold
icemanfx
post Sep 12 2018, 04:54 PM

20k VIP Club
*********
All Stars
21,458 posts

Joined: Jul 2012


QUOTE(nabelon @ Sep 12 2018, 04:12 PM)
I find it sickening that i cant sell my property to non bumi, this nep backfires me when the purchase price difference is ciput compared to subsale gains
*
Any assets be it property, stocks, etc that has restrictions will worth less than unrestricted.


TSmangoproperty
post Sep 12 2018, 05:07 PM

Enthusiast
*****
Senior Member
797 posts

Joined: Oct 2015
QUOTE(AskarPerang @ Sep 12 2018, 04:28 PM)
Malay reserve confirm for malay only.
Leasehold bumi still can try appeal to sell to non bumi.
*
But anyhow if get bumi discount that automatically the tittle will state it’s bumi lot or any other words related to bumi am I right ? Seems regret took bumi discount.
rastablank
post Sep 12 2018, 05:11 PM

Enthusiast
*****
Senior Member
951 posts

Joined: Nov 2005
From: Jager Bomb


QUOTE(AskarPerang @ Sep 12 2018, 01:49 PM)
For freehold property (except Cyberjaya), you are free to sell to anyone after getting strata title.
*
Owhhhh, so if it is freehold and bumi lot, I can sell it to non bumi after getting strata?

I learnt something new today nod.gif
hazwan_zohdi
post Sep 12 2018, 05:12 PM

Regular
******
Senior Member
1,078 posts

Joined: Jun 2007
From: Abu Dhabi, UAE


QUOTE(mangoproperty @ Sep 12 2018, 05:07 PM)
But anyhow if get bumi discount that automatically the tittle will state it’s bumi lot or any other words related to bumi am I right ?  Seems regret took bumi discount.
*
which prop u bought, n was it very lucrative the bumi discount?
AskarPerang
post Sep 12 2018, 05:20 PM

~tUPaI...~
*********
All Stars
23,688 posts

Joined: Aug 2007
From: Outer Space



QUOTE(mangoproperty @ Sep 12 2018, 05:07 PM)
But anyhow if get bumi discount that automatically the tittle will state it’s bumi lot or any other words related to bumi am I right ?  Seems regret took bumi discount.
*
I dont think you are clear yet.
Bumi discount is the term use for freehold property. Sales agent term to promote. Is not bumi lot. Once got strata, you are free to sell to non bumi.


TSmangoproperty
post Sep 12 2018, 05:26 PM

Enthusiast
*****
Senior Member
797 posts

Joined: Oct 2015
QUOTE(AskarPerang @ Sep 12 2018, 05:20 PM)
I dont think you are clear yet.
Bumi discount is the term use for freehold property. Sales agent term to promote. Is not bumi lot. Once got strata, you are free to sell to non bumi.
*
Thanks master! Just a worried and paranoid newbie here
TSmangoproperty
post Sep 12 2018, 05:27 PM

Enthusiast
*****
Senior Member
797 posts

Joined: Oct 2015
QUOTE(hazwan_zohdi @ Sep 12 2018, 05:12 PM)
which prop u bought, n was it very lucrative the bumi discount?
*
In KL, usual 5%, are you buying bumi discount units also?
TSmangoproperty
post Sep 12 2018, 05:28 PM

Enthusiast
*****
Senior Member
797 posts

Joined: Oct 2015
QUOTE(AskarPerang @ Sep 12 2018, 05:20 PM)
I dont think you are clear yet.
Bumi discount is the term use for freehold property. Sales agent term to promote. Is not bumi lot. Once got strata, you are free to sell to non bumi.
*
How about for the title ? Does it state the term ‘bumi’ inside ?
oxm8
post Sep 12 2018, 05:43 PM

Regular
******
Senior Member
1,458 posts

Joined: Jul 2011
QUOTE(mangoproperty @ Sep 12 2018, 05:28 PM)
How about for the title ? Does it state the term ‘bumi’ inside ?
*
each prop is unique. cannot just assume.

upload your title here..
dragonnite999999
post Sep 12 2018, 06:08 PM

Getting Started
**
Junior Member
110 posts

Joined: Jun 2017


QUOTE(mangoproperty @ Sep 12 2018, 05:07 PM)
But anyhow if get bumi discount that automatically the tittle will state it’s bumi lot or any other words related to bumi am I right ?  Seems regret took bumi discount.
*
As far as i know, whether it is bumi lot or non-bumi lot, it wont stated in the title, only developer knows whether it is a bumi or non-bumi lot. someone correct me if i'm wrong, thanks smile.gif smile.gif smile.gif
hazwan_zohdi
post Sep 12 2018, 06:32 PM

Regular
******
Senior Member
1,078 posts

Joined: Jun 2007
From: Abu Dhabi, UAE


QUOTE(mangoproperty @ Sep 12 2018, 05:27 PM)
In KL, usual 5%, are you buying bumi discount units also?
*
yap, why want to regret?
TSmangoproperty
post Sep 12 2018, 07:52 PM

Enthusiast
*****
Senior Member
797 posts

Joined: Oct 2015
QUOTE(hazwan_zohdi @ Sep 12 2018, 06:32 PM)
yap, why want to regret?
*
Later if have restrictions to sell
AskarPerang
post Sep 12 2018, 07:58 PM

~tUPaI...~
*********
All Stars
23,688 posts

Joined: Aug 2007
From: Outer Space



QUOTE(dragonnite999999 @ Sep 12 2018, 06:08 PM)
As far as i know, whether it is bumi lot or non-bumi lot, it wont stated in the title, only developer knows whether it is a bumi or non-bumi lot. someone correct me if i'm wrong, thanks  smile.gif  smile.gif  smile.gif
*
Only developer know.....this only valid for property still under master title.
forever1979
post Sep 12 2018, 08:07 PM

Look at all my stars!!
*******
Senior Member
2,854 posts

Joined: Jul 2013


QUOTE(AskarPerang @ Sep 12 2018, 07:58 PM)
Only developer know.....this only valid for property still under master title.
*
how about individual/strata title? no mention bumi lot or not in the title, right?

and we still need to check with land office or registry office?
BEANCOUNTER
post Sep 12 2018, 09:03 PM

20k VIP Club
*********
All Stars
20,146 posts

Joined: May 2011
QUOTE(mangoproperty @ Sep 12 2018, 02:19 PM)
If leasehold bumi then cannot sell to non bumi? Under what circumstance it can’t be sold to non bumi? Base case is I’ve taken bumi discount.
*
You are buying freehold there is no bumi lot. Developer can only give you discount.
TSmangoproperty
post Sep 12 2018, 10:25 PM

Enthusiast
*****
Senior Member
797 posts

Joined: Oct 2015
QUOTE(BEANCOUNTER @ Sep 12 2018, 09:03 PM)
You are buying freehold there is no bumi lot. Developer can only give you discount.
*
Thanks!

3 Pages < 1 2 3 >Top
 

Change to:
| Lo-Fi Version
0.0155sec    1.28    6 queries    GZIP Disabled
Time is now: 23rd December 2025 - 11:38 PM