Leasehold landed cannot buy?, Leasehold landed
|
|
 Mar 26 2021, 10:36 AM
Return to original view | Post
#1
|
 
Senior Member
2,215 posts Joined: Oct 2010 
|
QUOTE(AHGS14 @ Mar 25 2021, 10:59 AM) I once bought a leasehold landed from developer in the 80s. When I sold the house a few years later, it took more than a year to get the state consent for the title transfer and get my money. I don't know if the situation has improved since then. I kena similar case back in 2009.  Owned a freehold condo with "restriction in interest" in Bkt Jalil. Needed to get approval from Jab. Tanah & Galian KL before can transfer. Took quite a few months. |
|
|
Mar 26 2021, 03:12 PM
Return to original view | Post
#2
|
|
Senior Member
2,215 posts Joined: Oct 2010
|
QUOTE(MAC5 @ Mar 26 2021, 12:07 PM) Freehold still have "restriction in interest". What is the restriction stated in the Title? Just only that, no other description listed. This adds another hassle when you need to get approval from the KL land office if you want to sell/transfer title. When you guys are prospecting freehold props, do keep an eye out for this clause. |
| Change to: |  0.0185sec
 0.45
 6 queries
 GZIP Disabled
Time is now: 15th December 2025 - 07:36 PM |
Quote