• 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  |  Views 2230  |  Category: Investing in Malaysia

    • APHO.17945.V60B

      Lucas Tan Kit Shih replied 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
      http://www.lucaspropertysale.com

       
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