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Others Recommended listing of property auction / lelong!, all info you need to know inside......

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swissalto
post Jun 26 2019, 07:24 PM

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QUOTE(lowya @ Jun 26 2019, 05:29 PM)
if bumi can buy non-bumi lot, why did we call it non-bumi lots?
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Don't ask too much or you will be asked to go back to China India or where ever.

Welcome to Malaysia whistling.gif
swissalto
post Jul 1 2019, 02:36 AM

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QUOTE(jason_chee @ Jun 30 2019, 12:12 AM)
I wanted to bid for Saffron (3rd time auction - schedule on Jul-2019) for reserved price of RM 486K. Unfortunately, the bank revised the auction price to 600K again. In my opinion, it's a bit phishy and not transparent.
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Is this common in auction? Or rather its a hint that the market is picking up?
swissalto
post Oct 25 2019, 05:32 PM

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QUOTE(AskarPerang @ Oct 22 2019, 10:55 PM)
If developer disallow direct transfer, then you need to "help" the default owner complete the perfection process first. Pay the legal fees and MOT for the default owner. Once completed, then only you do another name transfer to your name, paying another time the legal fees and MOT. This is known as double transfer.
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Why the developer can be allowed to decide whether to allow or to disallow for a direct transfer to be performed?
swissalto
post Oct 27 2019, 05:52 AM

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QUOTE(AskarPerang @ Oct 25 2019, 06:48 PM)
Should not allow direct transfer actually. So that stamp duty (tax payable to the government) must be paid up in every purchase of the property.

But this is bolehland. Still got loophole to bypass the system which is by “kaotim” with the developer for direct transfer. So can escape paying the first transfer stamp duty MOT.
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Thanks for the explanation!

 

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