Anyone knows if there are future implications if you buy a bumi lot unit now?
Anyone knows if there are future implications if you buy a bumi lot unit now?
Anyone knows if there are future implications if you buy a bumi lot unit now?
I know Bumi lots are much much cheaper. If you want to know why, just ask for a copy of the property title. It is so restrictive its not funny. Even the local council will delay the approval for Bumi selling to non bumi in the name of protecting the Bumi. If I were you, I wont even bother to waste a single minute considering. You bought cheap, pls be prepared to sell cheap and harder to sell too....Waste of time!
Don't buy, full stop, unless its a bumi-release lot then you wait for the developer to give you all the B&W before you sign anything.
Agree, well said and well put. Not to worry about the security, i already took precautions as soon as i found the person behaving strangely. We already know what needs to be known, just that i always like to give people an escape route unless they really force my hand.
Developer is applying for me for bumi-release. So it is similar to international lot once it is approved?
If it is a completed unit and the developer has been given approval to go ahead for non bumi sale, why not?
Developer is applying for me for bumi-release. So it is similar to international lot once it is approved?
Yes, if its confirmed released then its the same but only buy once you get the conversion, don't let the statement "But but if its sold to another bumi subsequently, then it becomes back to bumi" affect you as it only applies to the next owner after you sold it. (assuming you are buying for investments)
The project is still under construction but all international units are sold. The bumi-lots are being released now.
Ok thanks. I was told that the lawyer will hold the first 10% in trust pending the release approval. Is this correct?
Hi DWKY9
Sorry to hear that , as for reno fees , u can do it slowly as what wuqi told us afterall its a freehold , jus get e basics done ...
Maybe another approach , bring her to jb more often like movies , shopping , massage , beauty services and makan etc , maybe by then it will be her asking u to buy jb house liao .
If last yr i didnt listen to Wuqi to buy and wait till this yr , I have to pay extra RM100k for NI house liao ...