Sunday, January 23, 2011

Malay Reserve Land

I went to look for another new house the day before. Quite near to my present house, good looking and much much more cheaper. I walked in to the developer’s office. The staff immediately informed me that this is a Malay Reserve Land, and cannot be sold to non-Bumi. In Malaysia, Bumi is referred to those genuine Malay who claimed to be the aborigine on this Malay land.

I asked if it is possible to buy it on used properties basis. He replied, “No, never, only for Malay.” Not fair, I cursed a bit. What can I do, their privileges was noted in our laws.

Damn the speculators (mostly the money minded Chinese) who fry the housing price high. Please… someone please burst the properties bubbles!!!