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

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property101
post Feb 22 2011, 10:49 AM

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QUOTE(jphlau @ Feb 22 2011, 10:43 AM)
You are wrong. the average salary for fresh grad in v2 is still 2k or less.....
*
my brother just started working (less than 6 months ago) in software industry as a developer earns 1.8k
back to the old saying, everything rise, only salary not rise doh.gif

This post has been edited by property101: Feb 22 2011, 10:49 AM
cheraspeople
post Feb 22 2011, 10:53 AM

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QUOTE(property101 @ Feb 22 2011, 10:49 AM)
my brother just started working (less than 6 months ago) in software industry as a developer earns 1.8k
back to the old saying, everything rise, only salary not rise  doh.gif
*
depends on what company. fresh grad in my company are getting 2.5K
sampool
post Feb 22 2011, 10:56 AM

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QUOTE(cheraspeople @ Feb 22 2011, 11:53 AM)
depends on what company. fresh grad in my company are getting 2.5K
*
permanent staff is 2.5k, but contract staff is 2k... as standard in gomen link comp.
jphlau
post Feb 22 2011, 10:56 AM

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QUOTE(cheraspeople @ Feb 22 2011, 10:53 AM)
depends on what company. fresh grad in my company are getting 2.5K
*
we are talking about average starting salary....
epie
post Feb 22 2011, 10:59 AM

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for government servant, average is around 2.6k including allowances
property101
post Feb 22 2011, 11:02 AM

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QUOTE(epie @ Feb 22 2011, 10:59 AM)
for government servant, average is around 2.6k including allowances
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it might seems high in the beginning, but try to compare the same gov servant with a private sector employee again the next 5 years
my knowledge on the increment of salary in government sector is limited, but heard is slow. in private sector, 100% within 3 years in highly possible

This post has been edited by property101: Feb 22 2011, 11:05 AM
epie
post Feb 22 2011, 11:08 AM

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QUOTE(property101 @ Feb 22 2011, 11:02 AM)
it might seems high in the beginning, but try to compare the same gov servant with a private sector employee again the next 5 years
my knowledge on the increment of salary in government sector is limited, but heard is slow. in private sector, 100% within 3 years in highly possible
*
yup...the increment is rather low
for private, it depends on the company u r working for and ur position
Fat3Twister
post Feb 22 2011, 11:09 AM

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QUOTE(property101 @ Feb 22 2011, 10:49 AM)
my brother just started working (less than 6 months ago) in software industry as a developer earns 1.8k
back to the old saying, everything rise, only salary not rise  doh.gif
*
QUOTE(jphlau @ Feb 22 2011, 10:56 AM)
we are talking about average starting salary....
*
Wah, didn't know that the starting salary is this low. Most of my friends are getting > RM2.5k. Only few getting RM2k-RM2.5k, who want "senang-senang" kind of job, not much OT, relax job etc.
jphlau
post Feb 22 2011, 11:10 AM

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QUOTE(epie @ Feb 22 2011, 10:59 AM)
for government servant, average is around 2.6k including allowances
*
then why only 10% of malaysian pay taxes????
CKHong
post Feb 22 2011, 11:10 AM

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QUOTE(property101 @ Feb 22 2011, 11:02 AM)
it might seems high in the beginning, but try to compare the same gov servant with a private sector employee again the next 5 years
my knowledge on the increment of salary in government sector is limited, but heard is slow. in private sector, 100% within 3 years in highly possible
*
work zo 3 years.. also kenot get 20% ..
seems like i'm a failure :'(
starting salary this low.. its not achievable for fresh grad to get a decent home liao..
fresh grad come out straight low income.. well done bolehland.. rclxms.gif

This post has been edited by CKHong: Feb 22 2011, 11:11 AM
epie
post Feb 22 2011, 11:12 AM

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dunno about tax bro
but for government servants...their allowances are free from tax
their basic is around 1.9 k

i think 2.5k income only need to pay tax
CKHong
post Feb 22 2011, 11:13 AM

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yeah.. 2.5k above oni need pay tax.. last time 2k need pay liao..
jusco1
post Feb 22 2011, 11:14 AM

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prop price will either stagnant or increase..
very rare for it to drop.
it is the seller who cant sustain the loan and they need to sell at cheaper price... if not, base on the latest transaction price...
it wont drop.......

salary.....
all are base on case to case basis..
some lucky, get 2.5k.. some not, get 1.8k...
increment whether 100% or not also subjective...
u get a good boss who appreciate, then u get increment lor
CKHong
post Feb 22 2011, 11:16 AM

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QUOTE(jusco1 @ Feb 22 2011, 11:14 AM)
prop price will either stagnant or increase..
very rare for it to drop.
it is the seller who cant sustain the loan and they need to sell at cheaper price... if not, base on the latest transaction price...
it wont drop.......

salary.....
all are base on case to case basis..
some lucky, get 2.5k.. some not, get 1.8k...
increment whether 100% or not also subjective...
u get a good boss who appreciate, then u get increment lor
*
agreed.. highly depend on luck ! biggrin.gif
good luck then get good boss + who appreciate u..
bad luck.. no need to say already..

This post has been edited by CKHong: Feb 22 2011, 11:17 AM
property101
post Feb 22 2011, 11:17 AM

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QUOTE(epie @ Feb 22 2011, 11:08 AM)
yup...the increment is rather low
for private, it depends on the company u r working for and ur position
*
i have seen in private sector software developer 300% in <4 years, how about that brows.gif

This post has been edited by property101: Feb 22 2011, 11:20 AM
kochin
post Feb 22 2011, 11:19 AM

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QUOTE(CKHong @ Feb 22 2011, 10:15 AM)
v1 started.. fresh grad around 2k salary.. properties 200k++
food RM2~RM3
people starting to shout .. properties so freakin expensive..
v2.. fresh grad 2k~3k salary.. properties from 200k++ become 300k to 400k++ [new one i mean  biggrin.gif ]
food RM4.5~6
people starting to feel the pain that they can't afford to get a house..
debate start  biggrin.gif
see the difference ?  hehe..  problem is income of the rakyat kenot cope with the property price + fuel hike + food hike etc etc
keep buy keep buy..buy more~~~  move bolehland economy~~~  biggrin.gif
next time bolehland reli change to high income country.. we'll remember the efforts u all made  cool2.gif
*
perhaps v3.. fresh grad 2k~3k.. properties >350k++ food >RM5.5++
rclxub.gif rclxub.gif rclxub.gif doh.gif
CKHong
post Feb 22 2011, 11:25 AM

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i hope v3

fresh grad 5~6k properties >350k(i dun reli mind) food >RM5.5 (i dun reli mind)
at least we can afford to get a decent house maaaa

if still 2k~3k.. then most of the rakyat will have to become slave zo..
hair all goes white when every 10 years we're having an economy burst.. kenot do bank repayment.. dapat letter from bank.. forcing us to pay the repayment else bankrupt us..
stress leh like tat..

This post has been edited by CKHong: Feb 22 2011, 11:26 AM
jusco1
post Feb 22 2011, 11:26 AM

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i suggest to all freshie. get a hse now..
as u might not able to get one later..
we have plans that u pay little now, then increase in later years for freshie...
ur salary will not increase from 2k to 4k in future for freshie.
but price of prop and food will go up by 10% averagely....
how will u afford one later?
sampool
post Feb 22 2011, 11:27 AM

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QUOTE(CKHong @ Feb 22 2011, 12:25 PM)
i hope v3

fresh grad 5~6k  properties >350k(i dun reli mind)  food >RM5.5 (i dun reli mind)
at least we can afford to get a decent house maaaa

if still 2k~3k.. then most of the rakyat will have to become slave zo..
hair all goes white when every 10 years we're having an economy burst.. kenot do bank repayment.. dapat letter from bank.. forcing us to pay the repayment else bankrupt us..
stress leh like tat..
*
hair white is ok, but most of the ppl became BOTAK... b4 40 yrs leh...
jusco1
post Feb 22 2011, 11:29 AM

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that is why buy hse now...
due to inflation... ur hse is cheaper now...
as compare to the value of ur money later. hehehe
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