Legal Cat-asthrophe

Stitch, You have the answers and the advisors. ...

2012-05-20T14:52:23.931+08:00

Stitch,

You have the answers and the advisors.

One more option is to cancel the transaction if you think it is for the best

Dear Lawyer, I recently put a deposit down for an ...

2012-05-17T23:59:38.378+08:00

Dear Lawyer,
I recently put a deposit down for an apartment unit Freehold. It is a subsale. After paying the deposit i realized it was a bumi lot. I am not a bumi.. I called the developer and some say that maybe they can do a double transfer, or maybe it will take time.. maybe this maybe that.. They did say that no matter what, the developer must sell it to the bumi guy first before it can

Ahong, I have Chinese Muslim clients who own bumi...

2012-05-15T15:36:02.996+08:00

Ahong,

I have Chinese Muslim clients who own bumiputra lots either with their spouses or by him/herself. It depends on your supporting documents. An Amanah Saham Bumiputra book will help a lot

Assalamualaikum, I need some advice if possible. ...

2012-05-12T22:54:23.489+08:00

Assalamualaikum,

I need some advice if possible. I am a Chinese (non Bumi)married to a Malay. Can I buy Bumi lot? If cant is it possible if I buy it with two owner me and my wife?

Thanks in advance.

_Chee Hong

Good to know that Chong and this is not the longes...

2012-04-21T11:59:56.567+08:00

Good to know that Chong and this is not the longest I know about. Some has to wait for 2 years

Hi mr khairul, Finally land office had sig...

2012-04-20T22:47:32.179+08:00

Hi mr khairul,

Finally land office had signed the consent. Transfer bumi to nonbumi. since last year august until now. It is long waiting process.
frm chong.

Jennie, As long as you have fulfilled the quota, ...

2012-04-18T10:54:33.857+08:00

Jennie,

As long as you have fulfilled the quota, you don't need to give any discount to any sale to bumiputra anymore. Bumiputra can always request to pay full price but it will still be a bumiputra lot

Hi, I would like to know, in the case that 30% of...

2012-04-17T20:57:45.114+08:00

Hi,

I would like to know, in the case that 30% of the bumi lot already set, what if a bumi want to buy a non-bumi lot, is the developer still need to give them the discount?

Jobless girl, That is not a statement or clause a...

2012-03-20T09:19:04.144+08:00

Jobless girl,

That is not a statement or clause about the property being bumiputra or non-bumiputra unit. Usually it will state that 'This property can only be sold to bumiputra purchaser' or something in that gist.

It is 'sekatan kepentingan' and it is whatever limitation a property has on it like 'Harta Inj Hanya Boleh diPindahmilik Dengan Kebenaran

Salam En Khairul, If the perious S&P sound a...

2012-03-19T21:27:07.289+08:00

Salam En Khairul,

If the perious S&P sound as below:

"Penjual bersetuju menjual dan Pembeli pula bersetuju membeli Harta tersebut bebas dari segala penyerahhakkan, gadaian dan ikatan dengan milikan kosong tertaluk kepada terma-terma dan syarat-syarat berikut ini".

Does this statement tells that this property is non bumiputra unit?

What

Great information and now I have better idea on Ma...

2012-03-19T21:15:40.196+08:00

Great information and now I have better idea on Malay Reserve vs. Bumiputra unit.

Nicely put!

2012-03-07T11:14:25.663+08:00

Nicely put!

Anon : 1) Not taking the 7% discount does not mak...

2012-02-24T11:33:11.113+08:00

Anon :

1) Not taking the 7% discount does not make it a non-bumi unit;
2) Your agent is correct;
3) Simple answer to this question is yes but it is not buying power but just about quota fulfillment as you mentioned;
4) Buy under your name, if there's no label about the property being bumi or non-bumi, sell it to whomever you want and get a good lawyer who can help you

Helo there, First of all Im a bumi. Intend to buy...

2012-02-24T07:14:53.017+08:00

Helo there,

First of all Im a bumi. Intend to buy a new development property but i have few concerns. Please enlighten me.

1. If i didn't take the bumi discount 7% does it make my unit non-bumi lot?.
2. I ask the agent regarding this concern but they mention that currently the developer only categorize based on purchaser not on unit lot. Bumi and non-bumi purchaser.

Malaysia property prices been increased a lot in r...

2012-02-23T12:37:01.448+08:00

Malaysia property prices been increased a lot in recent years. Even the housing loan also become more expensive. Hopefully the price can drop back a bit later.

grt3 - As you already have a lawyer and question l...

2012-02-18T21:31:54.642+08:00

grt3 - As you already have a lawyer and question like this have to be dealt in real life, you should ask him or her to explain the procedure and timeline.

In nutshell, you will get your money upon the transfer, not when you obtain the consent.

RPGT will not have to be paid if after you it more than 5 years but you still have to declare it. Check my earlier post on it.

I nd some clear procedure on doing a land transact...

2012-02-15T21:14:40.350+08:00

I nd some clear procedure on doing a land transaction.
Its a leasehold land in selangor, just after 5 yrs.

Purchaser pay 25k as part of purchase. Then lawyer obtains the consent frm the state authority. Upon obtained, purchaser pays the balance sum. Lawyer do a transfer at kand office.

Is ths way corrct? Hv to pay any R P GT.

wowww nice entry indeed!! =) btw.. I just voted f...

2012-01-29T00:20:41.990+08:00

wowww nice entry indeed!! =)

btw.. I just voted for you at Worlds Bloggers And Social Media Awards 2012..

Plsssss vote for me for THE WORST BLOG OF THE YEAR @ http://socialmediaweek.com.my/awards/category.php?id=33 "click vote di link www.bicaramakdara.com

Hai Benjy, thanks for the vote but weird that you ...

2012-01-27T11:05:59.559+08:00

Hai Benjy, thanks for the vote but weird that you want to be the worst blog but whatever float your boat

Hi I'm Benjy, I already VOTE this blog at Blo...

2012-01-27T10:43:03.632+08:00

Hi

I'm Benjy, I already VOTE this blog at Blogger & Sosial Media
Awards 2012. Hope you also can support my blog benjystanis
at 'Worst Blog' category. Thank you and have a nice day.

Bye.

Thanks Feeq!

2012-01-21T23:19:04.100+08:00

Thanks Feeq!

As usual, one of interesting topic regarding finan...

2012-01-20T03:43:16.055+08:00

As usual, one of interesting topic regarding financial and property from u =)

Chong, You have to keep your follow up with the l...

2012-01-17T10:49:33.026+08:00

Chong,

You have to keep your follow up with the lawyer. They can advise you better as they have all the facts about the property and such. Usually election will not affect current property transaction, in my experience...

Hai mr khairul, thanks for ur reply. I already con...

2012-01-17T00:22:46.150+08:00

Hai mr khairul, thanks for ur reply. I already contacted the seller lawyer. The lawyer said my document pending MB to sign and will getting finalised this month end. Is it a good sign? Election is getting near, is it will affect my process? From chong.

Hai Chong, as a buyer you can only wait. As it is ...

2012-01-12T11:43:07.365+08:00

Hai Chong, as a buyer you can only wait. As it is alrady 4 months and I think you have a lawyer, you should be asking your lawyer to follow up with the seller. If the seller can't obtain consent, which usually runs indefinitely depending how many times they are will to appeal to land office to allow the sale, you have to get advice on how to cancel your SPA which usually will go back to