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 Title transfer and consent got rejected, due to preserving bumi quota

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tgeoklin
post Feb 1 2023, 09:46 AM

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I believe this is classified as restricted freehold ie. One Cochrane and Mira Platinum type of development whereby consent to transfer needs be from authorities 🤦
tgeoklin
post Feb 1 2023, 10:48 AM

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QUOTE(mini orchard @ Feb 1 2023, 09:54 AM)
The land tenure of low cost or affordable housing is inmaterial in Sgor.  The condition for a transfer must have approval from LPHS when buyer meet all tnc.

There are 5 -6 category of low cost and affordable housing. Even if you are a bumi or first tine house buyer, you may not be eligible for certain category.

Plenty of info in LPHS portal for all type buyers. Doesnt mean freehold, more than 10 years etc, auto transfer.
Yes,  state govt has authority to add further conditions in land title during planning approval stage.

Doesnt mean when is stated freehold, is 'open'.or 'free for all'
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That's the problem, ultimate approval vest with the authorities and there's no b&w as what's allowed OR not. And lots of unscrupulous developers market it as freehold without disclosing it's restricted eg. Mira Platinum ☹️


 

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