Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
12 Pages « < 6 7 8 9 10 > » Bottom

Outline · [ Standard ] · Linear+

Financial Are property prices going to drop? V2, The heated debate continues

views
     
CKHong
post May 9 2011, 01:37 PM

Regular
******
Senior Member
1,380 posts

Joined: May 2009
From: Petaling Jaya


QUOTE
The HBA also called for the sliding scale Real Property Gains Tax (RPGT) rate to be reintroduced which would entail a one-time RPGT exemption after which the next two properties should be taxed starting at 30 per cent for properties disposed of within two years and a reduction to zero per cent for properties disposed of after five years.

For third and subsequent properties, HBA is proposing that a 30 per cent flat rate RPGT would apply.

Yam said however the RPGT has “not been proven to be effective in curbing prices” and that speculators will find a way of circumventing it.
http://www.themalaysianinsider.com/malaysi...velopers-group/

30% flat rate for 3rd and above ~ omg ~ if this one implement then gud loh.. but then he say.. its proven not effective in curbing price :'(
habish liao to new grads..

QUOTE
Yam said Rehda statistics show that there was “minimal” participation in the housing market by foreigners.
hmm.. tat means most gorengers is malaysian biggrin.gif either work in msia or overseas smile.gif so the point " alot of foreigner invest in malaysia " is a X

This post has been edited by CKHong: May 9 2011, 02:12 PM
CKHong
post May 9 2011, 02:14 PM

Regular
******
Senior Member
1,380 posts

Joined: May 2009
From: Petaling Jaya


QUOTE(TheDoer @ May 9 2011, 01:39 PM)
After listening to everyone's advice on this thread. It has "convinced" me to buy a house now, rather than wait till the property goes up further.  Alas, after combining both me and my gf's income,  it would appear, we would have to live off bread and water for the rest of our lives.

No more, korean, japanese or cafe food...  no more mamak mix rice (quite expensive these days too).  No more going outstation, and definately no souvenirs for your relative's little ones. Would have to put off buying a new car, and perhaps get a motorcycle ones my car breaksdown.

And to think, this prop, is in the middle of no where.

Hurray for progress....   

Wake up speculators!
*
ohh.. means u get a properties already ?
congrats ! biggrin.gif
as for me.. i can't find my future home yet :'(
CKHong
post May 9 2011, 03:22 PM

Regular
******
Senior Member
1,380 posts

Joined: May 2009
From: Petaling Jaya


QUOTE(keith_hjinhoh @ May 9 2011, 03:10 PM)
LOL! What if shits happened? We will see foreclosure sooner or later...
*
if shits happen.. then stress come lur...
worst case : declare bankrupt.. [not suicide yea.. biggrin.gif cus i believe we malaysian are wise human]

This post has been edited by CKHong: May 9 2011, 03:23 PM
CKHong
post May 9 2011, 04:01 PM

Regular
******
Senior Member
1,380 posts

Joined: May 2009
From: Petaling Jaya


QUOTE(TheDoer @ May 9 2011, 03:31 PM)

Hopefully before I marry and have kids my annual increment will be enough to feed them.
having child is very expensive nowadays.. food, education, insurance etc etc
CKHong
post May 11 2011, 01:24 PM

Regular
******
Senior Member
1,380 posts

Joined: May 2009
From: Petaling Jaya


QUOTE
Maybank, RHB start the increase in lending rates
http://biz.thestar.com.my/news/story.asp?f...27&sec=business
start increase zo T_T
CKHong
post May 11 2011, 05:12 PM

Regular
******
Senior Member
1,380 posts

Joined: May 2009
From: Petaling Jaya


hmm... will bank give BLR - 2.70 this time? hehe..
or bank kenot tahan anymore and dun increase to - 2.70 ?
CKHong
post May 12 2011, 10:23 AM

Regular
******
Senior Member
1,380 posts

Joined: May 2009
From: Petaling Jaya


QUOTE(WannaGetBuffed @ May 11 2011, 11:12 PM)
As I told my friend, first warning sign is the first increase of BLR. Subsequent increases will increase your risk and holding power, better do recalculation to see your affordability. Don't just pakai hantam and loan only.

They just bought 2 props combined valued at 1.2mil. Good luck on the repayments.
*
1.2 million.. monthly repayment gonna cost them alot..
i'm wondering how much both of them earn monthly..
CKHong
post May 12 2011, 05:33 PM

Regular
******
Senior Member
1,380 posts

Joined: May 2009
From: Petaling Jaya


not all can benefit from that skim rumah pertamaku
biggrin.gif
CKHong
post May 12 2011, 06:26 PM

Regular
******
Senior Member
1,380 posts

Joined: May 2009
From: Petaling Jaya


hahaha... agree..
whats the point of the skim rumah pertamaku kenot apply on klang valley.. its not like kampung kampung place the price get skyrocketing...
apa boleh buat.. BN mahhhhh..
CKHong
post May 13 2011, 10:02 AM

Regular
******
Senior Member
1,380 posts

Joined: May 2009
From: Petaling Jaya


we need foreigner to save our market ~
come come foreigner.. invest in bolehland biggrin.gif
CKHong
post May 13 2011, 10:30 AM

Regular
******
Senior Member
1,380 posts

Joined: May 2009
From: Petaling Jaya


QUOTE(UFO-ET @ May 13 2011, 10:12 AM)
Indonesian can? they also contribute sooo much in clearing the jungle & developing our empty land, renting our low cost apartments.. rclxms.gif
*
indonesia kenot leh.. they bring RM back to indon ~ tongue.gif
it worsen our economy !
singaporeeeee different.. they bring in singapore money.. they invest.. our gomen got charge this and that.. gomen untung.. masuk poket.. opps..
aii.. forgot bout one thing.. if they hold the props for few years and then sell it off.. they untung.. we rugi T_T
but if the props no ppl wan't .. they rugi.. we dindt rugi anything biggrin.gif
aish.. pro's and cons.. but still i will hope more foreigner to invest in msia..
thats how we are able to achieve high income bracket ma~
CKHong
post May 13 2011, 10:45 AM

Regular
******
Senior Member
1,380 posts

Joined: May 2009
From: Petaling Jaya


ur point is good.. hmm.. but what can i say.. the prop alr so high now.. they come in now or later i also dun care already.. at most i will buy a props at my kampung (which is wayy more cheaper ) then i just rent a room here.. and i will always pray : ahh.. high income country.. pls.. come to bolehland..
CKHong
post May 13 2011, 03:37 PM

Regular
******
Senior Member
1,380 posts

Joined: May 2009
From: Petaling Jaya


QUOTE
“These include not offering loans for the purchase of a third or fourth house or bringing back the real property gains tax (RPGT),” he said
http://thestar.com.my/news/story.asp?file=...3438&sec=nation

wah i support on > NO LOANS for purchase of third or fourth house biggrin.gif
then flipper will most probably become lesser~ biggrin.gif oni the real investor biggrin.gif
CKHong
post May 18 2011, 03:29 PM

Regular
******
Senior Member
1,380 posts

Joined: May 2009
From: Petaling Jaya


ok.. i sapu one properties liao.. now only worried for the BLR > which i know for sure few more months will go up more ~
but kenot tahan to wait liao.. home stay one not for investment..
but if reli crash and somehow can force the developer price is lower than i purchase one.. then i will only blame my luck ~ tongue.gif
anyway.. happy that I'm able to find my dream home ~

CKHong
post May 18 2011, 04:02 PM

Regular
******
Senior Member
1,380 posts

Joined: May 2009
From: Petaling Jaya


emm.. if later the price drop from developer price.. if i buy later.. then i can get a free vios ma.. hahahahahhahahaha
BLR increase means i have to pay more ma haha.. hopefully the BLR won't be like 97 98.. where BLR become 12% tat time i reli need makan pasir liao...
but count count har.. after 3 years shud be able to handle[edited] the loan repayment with my gf... have to work hard for my increment lur ~

oh oh thx 2222222 biggrin.gif finally... my FAMA agreed to borrow me money for the downpayment.. so i need that 5% badly so that i can pay them back ~ yeah.. have to start saving now for renovation.. as now i only have to bare the interest of the bank after developer claim money from bank ~

This post has been edited by CKHong: May 18 2011, 06:03 PM
CKHong
post May 18 2011, 04:37 PM

Regular
******
Senior Member
1,380 posts

Joined: May 2009
From: Petaling Jaya


previously my gf aim gao gao for subsale ma.. then sure i hope for property crash geh.. cus seller now demand dam gila.. i went to see sierra residence.. market value 280k.. seller ask for 330k.. how do i suppose to get so much initial money... but even if they sell 300k i also duwan ~ totally dun like the layout of it.. the room dam small.. kitchen small ! everything small.. duno why 1000++ sf.. compare from sierra vs kinrara mas.. i felt that kinrara mas is muccch more bigger ~ layout problem i think.. room bigger... kitchen bigger...
then end up persuaded my gf so that go for new dev..
at least initial money is muchhh more lesser than those subsale which differ so much on the market value...
my main problem is i dun have so much initial $$ oni ~
thx veda.. maybe after 10 years i start to invest in property.. i'll change from " market pls crash " to "market pls up up up " but so far i'm still in the middle of them..

This post has been edited by CKHong: May 18 2011, 04:39 PM
CKHong
post May 18 2011, 05:59 PM

Regular
******
Senior Member
1,380 posts

Joined: May 2009
From: Petaling Jaya


QUOTE(22222222 @ May 18 2011, 05:24 PM)
Wow.....u count2 3 year can kao din the loan repayment.....super fast ......i never have 1 property can settle below 5 years .... cry.gif

Anywhere, how much u borrow.....if 400k......u must pay 150k/year......almost 13k/mth.......u r high income group....why no money for initial cost? biggrin.gif

Unlikely, the price will drop below developer price.....unless really a major correction on the market.....the project abandon.....ppl lost their job.... interest up like no tomolo.....currency drop due foreign investor lari kuat2....... and etc.....but i dun c will happen next 2 year times......maybe minor correction will happen at certain non-prime area.

Let us c wat will happen by next month, heard that (dengar oni) Bnm will come out some rules to control property market....dun know kin or not kin.
*
ahh !! sorry.. my english dam noob..
i mean i can HANDLE the monthly repayment after working 3 years with the help of my gf ~~~~~~~~~~~
sorry sorry sifu sifu sekalian.. sad.gif

This post has been edited by CKHong: May 18 2011, 06:02 PM
CKHong
post May 18 2011, 10:53 PM

Regular
******
Senior Member
1,380 posts

Joined: May 2009
From: Petaling Jaya


QUOTE(bluuberry @ May 18 2011, 09:51 PM)
Wah, this world a lot of ppl is so selfish like you
haha
*
ahahah.. what to do.. wan buy subsale.. but then kenot afford cus seller ask for price > market value...
so i have to be selfish a bit and pray for property crash lurrrrrr
But still i think property got high % to crash.. cus the price now is really really high... now all depend on how our gomen handle our country liao... overall salary stagnant / increase
CKHong
post May 19 2011, 09:23 AM

Regular
******
Senior Member
1,380 posts

Joined: May 2009
From: Petaling Jaya


simply increase the BLR to 1.0% i will have no chance to go travel already.. increase another 1.0% then i have to eat vegetarian.. increase again.. ok la.. i do freelance T_T
CKHong
post May 19 2011, 09:47 AM

Regular
******
Senior Member
1,380 posts

Joined: May 2009
From: Petaling Jaya


QUOTE(TheDoer @ May 19 2011, 09:22 AM)
Hey congratz man.

If anything goes wrong, we could always blame the BBB gurus too.  Don't forget wink.gif
*
thanks doer smile.gif if BLR didnt increase much.. no effect on me.. only scare BLR increase alot only ~ but that one is after 3 years ~ since its a new developtment ~ but tarak DIBS.. BLR increase i also cham ~

QUOTE(arthurlwf @ May 19 2011, 09:27 AM)
When blr is 10%, then bank offer blr - 6%...  icon_idea.gif
*
Problem is we got lock in period.. normally 3 years... so if we can tahan the bank repayment for 3 years then ok la.. we can do refinance after the lock in period.. if kenot tahan 3 years then good game edi

QUOTE(TheDoer @ May 19 2011, 09:34 AM)
After counting my expenses, realised I can't afford it even with my gf. So scrapping that idea.
*
I dare to get a property now is bcos now i got reserve RM200 each month for oversea trip.. if worst come to worst.. then ah.. duwan go overseas lur.. all put into the bank repayment... then now i'm paying back my phone (htc desire) also RM200.. so i have spare RM200 once i finish my repayment for the phone....
BLR increase until > RM500 then i'm a gone case edi.. have to work 2 job liao..

This post has been edited by CKHong: May 19 2011, 09:49 AM

12 Pages « < 6 7 8 9 10 > » Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0475sec    0.66    7 queries    GZIP Disabled
Time is now: 17th December 2025 - 07:35 AM