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
     
BEANCOUNTER
post Sep 13 2018, 08:17 AM

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

Joined: May 2011
For fh poperty the bumi quote is maintain by developer and liason w gov.

However i did hear story abt state can put cavier on ur title for bumi only after title is issued. Just hearsay.

Bcos some bumi gurus will not get discount and buy non bumi price. Mana tau when title issued state converted the bn unit into bumi lot bcos the owner is bumi.
dragonnite999999
post Sep 13 2018, 01:30 PM

Getting Started
**
Junior Member
110 posts

Joined: Jun 2017


QUOTE(AskarPerang @ Sep 12 2018, 07:58 PM)
Only developer know.....this only valid for property still under master title.
*
oic, do u mean that if the property has individual title or strata title,the status of whether it is bumi or non bumi lot will be shown in the title right?

i attach a non bumi lot title, at the 'SEKATAN-SEKATAN KEPENTINGAN', it stated 'TIADA'. I wonder how bumi lot title mentioned? is it UNTUK BUMIPUTERA SAHAJA? OR anything else?

if possible attach a bumi lot title so that we can compare & it is more clear and definitely can solve the doubt, thanks all biggrin.gif biggrin.gif biggrin.gif


Attached thumbnail(s)
Attached Image
Rudd
post Sep 14 2018, 08:56 PM

Look at all my stars!!
*******
Senior Member
4,043 posts

Joined: Jul 2010

QUOTE(AskarPerang @ Sep 12 2018, 01:49 PM)
Yes no wander bumi discount the term is used.
For freehold property (except Cyberjaya), you are free to sell to anyone after getting strata title.
*
Cyberjaya got special rule?
BEANCOUNTER
post Sep 14 2018, 11:03 PM

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

Joined: May 2011
QUOTE(Rudd @ Sep 14 2018, 08:56 PM)
Cyberjaya got special rule?
*
CJ BJ and pocket of development sana sini got restricted freehold.
klcc99
post Feb 17 2020, 09:11 PM

New Member
*
Junior Member
36 posts

Joined: Sep 2019
is bumi quota unit all will become bumi lot since discount given?



Aldo-Kirosu
post Oct 22 2022, 11:58 AM

On my way
****
Junior Member
662 posts

Joined: Jun 2020
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.
*
Hi AskarPerang, wan to ask, at auction market, If freehold condo under Malay Owner name, and the bumi discount trackable (mean already confirmed this project developer is give extra 5% to bumi). So is it non bumi buyer can bid that unit?

And since this unit benefited bumi discount, so is it non bumi buyer won the bid need to fork out the 5% amount to authority or developer?
mini orchard
post Oct 22 2022, 12:27 PM

10k Club
********
All Stars
14,511 posts

Joined: Sep 2017
QUOTE(Aldo-Kirosu @ Oct 22 2022, 11:58 AM)
Hi AskarPerang, wan to ask, at auction market, If freehold condo under Malay Owner name, and the bumi discount trackable (mean already confirmed this project developer is give extra 5% to bumi). So is it non bumi buyer can bid that unit?

And since this unit benefited bumi discount, so is it non bumi buyer won the bid need to fork out the 5% amount to authority or developer?
*
Transfer of subsale ownership in property is based on conditions and restrictions as stated on the title.

Price is inmaterial and never a deciding factor.

This post has been edited by mini orchard: Oct 22 2022, 12:28 PM
Aldo-Kirosu
post Oct 22 2022, 12:58 PM

On my way
****
Junior Member
662 posts

Joined: Jun 2020
Now a day alot of freehold at kl is transferred from leasehold example MET mont Kiara, bukit jalil, maluri cheras. Even it's freehold but the name transfer need to go through the consents. So most important is we need to search the title to check the condition & restrictions.

3 Pages < 1 2 3Top
 

Change to:
| Lo-Fi Version
0.0199sec    0.91    6 queries    GZIP Disabled
Time is now: 23rd December 2025 - 07:34 PM