- Agriculture land
Agricultural land is a specific type of land primarily used for various forms of agricultural activities. It represents the portion of the Earth’s surface dedicated to farming, crop cultivation, livestock raising, and other agricultural practices. Agricultural land is essential for the production of food, fiber, and various raw materials that support human life and economic activities.
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- Industrial land
Industrial land refers to a specific category of land primarily designated and zoned for various industrial activities and purposes. Unlike agricultural land, which is used for farming and cultivation, industrial land is allocated for manufacturing, production, warehousing, and other industrial processes. This type of land is essential for the development and growth of industries that create goods, machinery, and products used in various sectors of the economy.
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- Building land (include Residential/Commercial/Petrol Station etc)
Building land is a category of land that is primarily designated and zoned for various activities. This type of land included residential usage, commercial usage and other usage. In order to identify the actual land use of this type of land, you can refer to the express condition in the land title.
CHANGE IN CATEGORY OF LAND USE
Pursuant to Section 52 of the National Land Code 1965, all alienated lands are divided into three (3) categories of land use i.e. “Agriculture”, “Building” and “Industry”. All land owners must use the land in accordance to the category of land use and the express condition stipulated in the title. Failure to do so is a breach of condition of the land alienated and the State Authority can forfeit the land. As such any land owner who intends to use his land for another category of use other than the category stated in the title, must apply to change the category of land use accordingly. Sections 124 and 124A of the National Land Code and the respective State Land Rules allow landowners to apply for such changes. The State Authority will charge an additional premium on all applications approved for change of use.
If an individual or organization wants to use a land for a different purpose from the land category, they must go through land title change. A valuation of the land is required because the law requires an additional premium to be paid when an application for a change in category of land use/ express condition is approved.
The calculation of the additional premium is based on the State Land Rules. The basis and rates of premium differ between the respective states in Malaysia. In almost all instances, a market value has to be determined.
To understand more about land conversion, kindly go to https://industrialandland.com/land-conversion-premium-selangor/
If you have any enquiry, kindly contact Mr.HAO (012-690 8291)
Dear property owners, feel free to call/SMS/whatsapp Mr. Hao (+6012-690 8291) for any properties FOR SALE/RENT
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