Open Question
Can a foreigner buy malay reserved land in Malaysia? If the said foreigner wants to joint purchase the land with a Bumiputra family member what are his options?

Posted by Afifzamri on Jan 5, 2012 in Investing in Malaysia | 2105 Views

Latest Answers by Real Estate Professionals (1 Answers)

Lucas Tan Kit Shih
Contact Agentorangearrow
Answer Posted on Jan 6, 2012
I'm afraid the only answer to that is no. Because a malay reserved land can only be owned by a bumiputra. Even a non-bumiputra Malaysian can't own it.
Joint ownership of the land with a non-bumi is not allowed.
Unless you have means to convert such land to a non-reserved land (which is a great feat in itself), there is no direct legal means to have ownership or interest in such land.
Lucas Tan 6012-3862722

Related Questions