Singapore Property & Real Estate
Go Back   Singapore Property > Free Property Classified Ads: buy, sell & rent houses & rooms > Overseas Property
Connect with Facebook
No account yet?
REGISTER now and post
your Singapore property ads
for FREE!
Overseas Property Buy a bungalow in Batam, sell a condominium in Johor, or renting a cottage in Bahama.

Malaysia Land Chapter 1: Classification of Land title and Land usage

This is a posting on Malaysia Land Chapter 1: Classification of Land title and Land usage within the Overseas Property forums, part of the Free Property Classified Ads: buy, sell & rent houses & rooms category; Malaysia Land Chapter 1: Classification of Land title and Land usage As we all know, there are two type of ...

Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1  
Old 11-01-2012, 09:18 PM
Junior Member
Site User
 
Join Date: Dec 2011
Posts: 6
Default Malaysia Land Chapter 1: Classification of Land title and Land usage

Malaysia Land Chapter 1: Classification of Land title and Land usage

As we all know, there are two type of land title which is Freehold and Leasehold.

The common land title in Malaysia is:

a) Town lease (TL) - Generally the land classified within town area. Leases are to be 99, 60 or 30 years.

b) Country lease (CL), also know as mixed zone - Land classified outside town area. Leases are to be freehold, 999, 99 or 60 years.

c) Native title (NT) - Land classified for native own and is perpetual in basis. Their practical bankable value for financing purposes are lower than other form of leases due to their restriction of dealing limited between natives.

d) Malay Reserve - Land classified for Malay own and is perpetual in basis, their practical bankable value is as what NT is.

e) Field Register (FR) - Land classified under NT. It is a temporary title which land office has yet to issue the final title.

f) Provisonal Lease (PL) - Provisional title issue during the time of Her Majesty. Any land with PL are to be recommended to be re-surveyor prior to development and normally converted into CL.

g) Temporary Occupation Lease (TOL) - As stated, it is a lease granted by state goverment to lease the land to you for certain amount of years with certain amount of annual rent.


All of the above land title contains such information:

a) Land type (TL, CL, NT, etc)

b) Title number

c) The date that this title is register and expires

d) Annual rent

e) Special terms if any

f) Land size and site plan

g) Owners name


Read more
http://www.investmalaysiaproperties....and-usage.html
Reply With Quote
Reply
Post a new ad. Or see other posts/advertisements/listings in Overseas Property


Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT +8. The time now is 05:22 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
vB.Sponsors
Copyright sg-house.com Singapore Property Forum

SEO by vBSEO 3.3.2