Owners who want to relinquish their ownership in favour of another family member are no longer permitted to do so, except on certain grounds, reported The Straits Times.
Under the new rules which came into force last month, transfer of ownership is only allowed for divorce, marriage, medical reasons, death of an owner, financial hardship and renunciation of citizenship, said an HDB spokeswoman.
To read the full article, please visit New Rules For Transfer Of Flat Ownership
WMA Property is a platform that focus on property market/news in Malaysia, property investment guide and provide the property investment education in Malaysia.
No comments:
Post a Comment