Financial Are property prices going to drop? V2, The heated debate continues
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 Apr 27 2011, 09:01 PM
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#21
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Senior Member
650 posts Joined: Oct 2009 From: Formerly Perak, now KL 
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I'll also like to point out that to get a "comfortable" salary in Malaysia, a graduate needs to job hop quite a few times, and/or work for a profitable company that is willing to reward performance.
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May 3 2011, 07:54 PM
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#22
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Senior Member
650 posts Joined: Oct 2009 From: Formerly Perak, now KL
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Just want to report that prices of properties on my watchlist continue to go up. Asking prices went up by another RM10k-20k since one month ago, at one of the condos ........
Anyway, Personal Money magazine's May edition has extensive coverage on the property boom..... including on the definition of bubble etc This post has been edited by Veda: May 3 2011, 07:56 PM |
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May 5 2011, 06:37 PM
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#23
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Senior Member
650 posts Joined: Oct 2009 From: Formerly Perak, now KL
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I don't mind any hikes in OPR or SRR.
Though I'm against any cap on loans or RPGT, I don't care if interest rate continues to go up as I've done preparations. The first time buyer and owner occupiers will be effected as much as the investors and speculators ...... it'll separate the men from the boys  Oh, yeah ..... I support GST too. This post has been edited by Veda: May 5 2011, 06:38 PM |
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May 12 2011, 07:30 PM
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#24
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Senior Member
650 posts Joined: Oct 2009 From: Formerly Perak, now KL
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QUOTE(UFO-ET @ May 12 2011, 12:01 PM) Average Taiwanees own 1st property = 41 years old +1 which means, 1/3 of the buyers buy 1st property at age 25-40, 1/3 of the buyers buy 1st property at age 41 1/3 of the buyers buy 1st property at age 42-50 and dun forget, >90% can afford to buy condo / service apt as 1st property for own stay only I feel lucky in Malaysia, wat bout you?   Most people in their 20s are NOT supposed to be able to afford property. But now we have fresh graduates demanding that the gomen impose various measures to handicap investors so that those 'young adults' can afford new, landed/big property in good location  |
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May 12 2011, 07:58 PM
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#25
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Senior Member
650 posts Joined: Oct 2009 From: Formerly Perak, now KL
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QUOTE(New Klang @ May 12 2011, 07:33 PM) Why not? On average, educated ppl in many developed countries buy their first 'decent' property when they are in their 30s. Do your research if u want details, I'm not going to spoonfeed you. |
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May 13 2011, 07:42 AM
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#26
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Senior Member
650 posts Joined: Oct 2009 From: Formerly Perak, now KL
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Morning everyone. For your reading pleasure  Come invest in M'sia's booming property market, S'poreans invited http://www.theedgeproperty.com/news-a-view...ns-invited.html Rise in property prices 'not acute', says Chor http://www.sun2surf.com/article.cfm?id=60707 QUOTE While promising government action if home prices went up further, he said it might be premature to institute measures now. The reintroduction of real property gains tax would be one such measure, and called on people to be reasonable in their expectations of house buying. "There is no harm in buying a house in the outlying areas where transportation is not a problem. How do you expect a person who has just entered the workforce to buy a house, even though it is under the scheme," said Chor, adding it was also unreasonable for people to expect to buy a house on their first drawn salary. |
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May 18 2011, 04:25 PM
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#27
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Senior Member
650 posts Joined: Oct 2009 From: Formerly Perak, now KL
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Hmmm, one by one those in the 'property prices will drop' camp gave in and started buying  But anyway, congrats CKHong! |
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