QUOTE(iammasivers @ Jan 31 2023, 09:27 AM)
Hi guys. I am buying this low cost apartment. Paid deposit, loan already approved, offer letter signed, S&P already signed. But the title transfer and consent got rejected by Lembaga Perumahan dan Hartanah Selangor because they wanna preserve the bumi quota? It's not really clear why got bumi quota since i purposely chose this house due to its being a non-bumi lot. I'm first time home buyer so I really blur about this. My lawyer also not so dependable, kept me in the dark and hesitant to explain further. The lawyer got appeal for the rejection but it has been a few months. Should i just wait it out? What if i don't want to proceed because of this rejection, will my deposit burnt? Your advice is much appreciated 
ScenarioA bumi can purchase any units for low cost apartments. They are not deemed bumi lot. However, as the owner is a bumi, low cost flats guidelines is that it can only be sold to a bumi again. If you would like to purchase a unit, you would need a unit where the owner is a non-bumi on the title.
Bumi quota, bumi lot, bumi reserved has different meanings to it.
Feb 1 2023, 04:59 PM

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