QUOTE(M_Shahrul @ Aug 1 2023, 08:48 PM)
Thank you very much, Moshpit94 from your truly insightful knowledge. I truly appreciate that.
I have found the target, the house that I plan to buy and I have started my move. I have met the agent and I am trying to sell my current house first, to avoid I have to serve TWO LOANS in future.
I am afraid to buy now first because if within 12-24 months in case if I fail to sell my current house and I do buy NOW, I am in the bleeding condition to serve two loans.
So my plan would be sell first, then rent in the intended neighbourhood that I'm planning to buy, FIND the unit and BUY.
It's going to be a subsale, landed and strata. Me and my wife have surveyed the condition and we love it.
QUESTION to anyone here who could answer, please.
Let's say for the landed strata housing area which is still in the master title where the DEVELOPER haven't completed yet the strata title to the current owner, can I still buy the unit, or not?
Simply put, it's still in master title, PENDING the strata title from the developer to the current owner. Well, it's already gated and guarded by the way.
Can I still buy from that owner, legally? **Sorry, noob here.
I have bought a shop unit before at Saujana Damansara PJU 10/10A which is still a Master Title, bought through auction, in changing the name of the owner from the developer to my name it issued a temporary transfer of ownership called Deed Of Assignment due to the unit is still Master Title, I suggest you might want to read on DOA (Deed Of Assignment) as it is used for Master Title transfer of ownership instead of MOT (Momerandum Of Transfer) that is use for strata title property, regardless there should not be any issue, just that it use DOA first before strata is fully formed then MOT will be used for the official transfer of ownership. not sure what is the cost for DOA thou, mine is free at that time because MOT is exempted I think
p.s : Since there is recently mentioned of D Laman Kundang by Moshpit, if you or any friends/colleagues are looking for unit that is Landed, Individual Title, Freehold, Around 530K there is 1 unit D Laman Kundang available as someone are selling their unit, the detail of this unit/project are as below
- Intermediate Lot
- 20 x 70 sqft
- 20 x 20 car porch
- 39 x 20 build up size
- 11 x 20 yard size
- No flood here because the land is quite high and there is water retention pond in case there is a case of extreme heavy rain
- Really near to gamuda gardens, highway and soon there is gonna be many amenities coming in on year end, expected it to be really serene and peaceful before the busyness of amenities coming in
- The property is soon to be completed on September or October, if buy now got the current price, after its complete might be the price will increase since gamuda will built many things which increase the demand
- The community is active, already registered the Residence Association and is currently in the process of trying to communicate with MPS and register bank account to store maintenance money for the Gated and Guarded, as this is individual title thus require good community support, for the first year maybe developer will help on this, but not sure yet
- Only 179 units so can be considered low dense
- Good lighting design as there louvered window at high ceiling of the top floor
- Developer by IGB which is also the developer of Mid Valley, really reputable developer, since 1979
- IGB also soon gonna develop D Laman Kundang commercial lot which is called 38 D Laman Kundang Shop Offices -
https://www.tantan.com/, which is just within walking distance to D Laman Kundang
- Progress of the unit development as of July 2023 -
https://www.youtube.com/watch?v=nVTc2UG9WEkAttached the unit specs and if interested can message me at telegram @farhanz95






This post has been edited by farhanz95play: Aug 3 2023, 10:03 PM