@kbandito,
U mean to convert all leasehold land into freehold titles?
Penang Land Ownership issue, leasehold to freehold?
Penang Land Ownership issue, leasehold to freehold?
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Jul 4 2008, 03:37 PM
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#1
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VIP
13,495 posts Joined: Dec 2006 From: KL, Malaysia |
@kbandito,
U mean to convert all leasehold land into freehold titles? |
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Jul 4 2008, 03:40 PM
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#2
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VIP
13,495 posts Joined: Dec 2006 From: KL, Malaysia |
@kbandito,
I haven't been following the news on this but the Penang State Government did issue a statement to say they will allow ALL residential leasehold property to be converted into a freehold property. Also, there really is no permanent ownership cause we're all stewards |
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Jul 4 2008, 04:27 PM
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#3
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VIP
13,495 posts Joined: Dec 2006 From: KL, Malaysia |
@harrychoo,
Hence since directive been issued on conversion, if U haf to go get it converted, quickly do it! |
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Jul 4 2008, 04:41 PM
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#4
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VIP
13,495 posts Joined: Dec 2006 From: KL, Malaysia |
@harrychoo,
If that is the case, go as soon as ur eligible, don't wait Also, personally I don't see how this conversion from leasehold to freehold is going to affect the entire market in PG since everyone will be on equal playing field. |
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