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RM1 Million Minimum Purchase Price for Foreigners
Category : Buying Property in Malaysia Location : Selangor
Hi, We are Singaporeans keen on buying a property in Cyberjaya for own stay. According to the latest news article dated 3 March on PropertyGuru website (http://www.propertyguru.com.my/property-news/2014/3/11957/rm1-million-price-limit-for-foreigners-effective-f), only KL, Putrajaya & Labuan has enforced the minimum purchase price of RM1 million for foreigners. In other states, the actual enforcement date of this minimum purchase price is subject to each state authority. However, some property agents informed me that Selangor has already enforced this too. In this case, which relevant authority can I check with about this enforcement? I do not want to be tricked into buying a much higher priced property. Thank you. Regards, Nurhayati
Author : Yati A.M , 5/3/2014 1:02:24 PM 0 reply
Hi, I'm looking into selling my property. I'm unable to find a real estate agent to help me with this process. Where do I start?
Category : Selling property in Malaysia Location : Selangor
Hi, I'm looking into selling my property. I'm unable to find a real estate agent to help me with this process. Where do I start? Details of the property: Serdang, appartment 3 bedroom, 2 toilets, partially furnished 850 square feet Freehold
Author : HE H , 25/2/2014 3:21:02 PM 0 reply
I am a Non-Bumi who have bought a Bumi lot from a developer that is now liquidated. Can I only sell it to a Bumi? Can the title be transferred to me?
Category : Legal and Finance Location : Selangor
Dear Sir/Madam, I am a Non-Bumi and have bought a leasehold condo in Dengkil in 2003. The developer went into liquidation and the project was abandoned in 2005 for 3 years before a liquidator too over and completed the project. After renting it for 2 years, I sold my condo in Jan 13. However, as we're entering the final part of the buying-selling process, I was told by the Buyer that I have bought a Bumi lot from a developer. I was not told of this when I bought the condo and the Liquidator also does not know of this. The Liquidator said it will convene a meeting to discuss about this 3 months ago but there has been no news until now. Can I only sell it to a Bumi? Can the title be transferred to me since I am the first Owner? The Buyer is current staying in my condo after he has renovated the it. If the sales does not go through, he said he'll get back his 10% deposit + 10% penalty. Is it true? Since this "mistake" was done by the developer, will the Liquidator have to bear it? Thank you for your advise on this matter. Warm regards, Chan 0122033883
Author : yew choong chan , 19/2/2014 3:47:48 AM 0 reply
Category : Home Owners Location : Selangor
How to know whether the MOT charges have been paid during early stage when we purchase a house?
Author : Sharina Ismail , 17/2/2014 10:14:08 AM 0 reply