Businessman discovers Bumiputera status when trying to sell shoplot 16 years later
KUALA LUMPUR: A businessman claims he was duped into buying two Bumiputera shoplots in Kota Damansara, only discovering their status 16 years later when he tried to sell one of the properties.
A businessman in Malaysia has discovered he was misled about Bumiputera status when purchasing two shoplots in Kota Damansara 16 years ago. Datuk Patrick Sim Eng Peng, 61, claims he only found out about the properties' Bumiputera designation when he attempted to sell one in 2025. The businessman, who bought the shoplots for RM2.4 million each in 2010, now faces a fee to convert the property to non-Bumiputera status.
Sim expressed frustration, stating he feels cheated and believes many Malaysians are unknowingly being taken advantage of. Strata Owners Association Malaysia president Datuk Theng Book emphasized developers' responsibility to disclose the Bumiputera status of properties, which are often designated by state governments. The case may be investigated under Section 420 of the Penal Code for cheating, and Sim's lawyer is considering referring the matter to the Bar Council.
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