In most housing projects, developer has to allocate a certain percentage (%) of their total development to be sold to BUMIPUTRA purchasers only. The developer can only open the unsold units to non-bumiputra purchasers only after certain conditions has been met (eg. make substantial effort to advertise and promote the sale of such units to BUMIPUTRA purchasers). After proving to the relevant authority that all effort to secure BUMIPUTRA purchasers have been exhausted over a period of time then the developer can apply to obtain approval that such units are now released from the bumiputra quota. If the developer sells these BUMIPUTRA units prior to the official release of the bumiputra units then a penalty will be levied on the developer. If not, the land authority will not register the purchasers' interest until such penalty has been paid. I would think that the penalty will be paid by the developer as it is not the Purchaser's request to purchase a bumiputra unit in the first place and will not be aware of this added cost on the Purchaser unless it is stated in the SPA David Wong (E2097) Mobile:+60193330573 QUANTUM REAL ESTATE
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