Yesterday i received a message from a young
property agent asking if I could assist him.
In my country of Malaysia, a newbie or rookie agent
is officially known as a REN ( Real Estate Negotiator )
as prescribed by the Board of Valuers, Appraisers,
Estate Agents and Property Managers.
And every aspiring REN is required to attend a
mandatory 2-days course called NCC ( Negotiators
Certification Course ) before he or she is allowed
to start selling or renting properties.
So what happened is that this newbie REN
told me that he had attended the NCC class about
a month ago, and the speaker mentioned that
under the National Land Code ( Kanun Tanah Negara )
there are only 3 types of Category of Land Use
( Jenis Kegunaan Tanah ) in Malaysia.
1) Agriculture ( Pertanian )
2) Building ( Bangunan )
3) Industrial ( Perindustrian )
In his private message to me via Facebook,
he said his client wanted him to sell a land
in rural Pasir Salak ( where that very famous
Pakcik PROBOK MRT is from ).
BUT the problem is when he checked the
title deed, the Category of Land Use is stated
NIL ....
So now he is lost and confused !!
The famous NCC Speaker say got 3 types
of Land Use in this country .... yet now nothing
is mentioned in the title of the property that
he is mandated to sell.
HOW ah like this ?
No problem brother .... actually the answer
is quite simple if you understand the process
of Property Development in Malaysia.
To make things simple, I have created a video