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Investment Bumi discount vs Bumi Quota vs Bumi Lot, Bumi discount vs Bumi Quota vs Bumi Lot
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nabelon
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Sep 12 2018, 04:12 PM
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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
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TSmangoproperty
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Sep 12 2018, 04:18 PM
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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
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AskarPerang
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Sep 12 2018, 04:28 PM
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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.
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nabelon
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Sep 12 2018, 04:53 PM
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QUOTE(mangoproperty @ Sep 12 2018, 04:18 PM) Yours is leasehold? Or Malay reserve Leasehold and looking at cyber freehold
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icemanfx
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Sep 12 2018, 04:54 PM
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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.
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TSmangoproperty
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Sep 12 2018, 05:07 PM
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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.
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rastablank
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Sep 12 2018, 05:11 PM
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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
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hazwan_zohdi
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Sep 12 2018, 05:12 PM
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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?
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AskarPerang
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Sep 12 2018, 05:20 PM
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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.
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TSmangoproperty
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Sep 12 2018, 05:26 PM
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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
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TSmangoproperty
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Sep 12 2018, 05:27 PM
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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?
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TSmangoproperty
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Sep 12 2018, 05:28 PM
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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 ?
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oxm8
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Sep 12 2018, 05:43 PM
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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..
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dragonnite999999
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Sep 12 2018, 06:08 PM
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Getting Started

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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
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hazwan_zohdi
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Sep 12 2018, 06:32 PM
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QUOTE(mangoproperty @ Sep 12 2018, 05:27 PM) In KL, usual 5%, are you buying bumi discount units also? yap, why want to regret?
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TSmangoproperty
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Sep 12 2018, 07:52 PM
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QUOTE(hazwan_zohdi @ Sep 12 2018, 06:32 PM) Later if have restrictions to sell
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AskarPerang
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Sep 12 2018, 07:58 PM
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QUOTE(dragonnite999999 @ Sep 12 2018, 06:08 PM) Only developer know.....this only valid for property still under master title.
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forever1979
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Sep 12 2018, 08:07 PM
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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?
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BEANCOUNTER
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Sep 12 2018, 09:03 PM
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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.
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TSmangoproperty
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Sep 12 2018, 10:25 PM
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QUOTE(BEANCOUNTER @ Sep 12 2018, 09:03 PM) You are buying freehold there is no bumi lot. Developer can only give you discount. Thanks!
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