Guess you miss the point.

Whether rich or not so rich, everyone deserve basic human rights ie clean water, secure flats, clean corridor, working lifts, road without potholes, drain v proper cover, good public transport w/o wasting 3-4hrs on the road etc.

Problem is even the rich also suffer from similar issues.

Hello, we are paying 4-5 figures income taxes to those sitting at the high chair. 20 yrs down the road, we will be giving away one medium cost condo to the gomen. Of course everyone whether rich or not so rich got the right to ask where our money gone? >30 yrs they have been sucking crude oil, 5-10 yrs down the road oil field drying out, we will start to import crude oil. 1.4 mil civil servants and their family to feed. 50% of gomen revenue from crude oil. Everyone with sane mind should have started asking many yrs ago where the money gone before too late. Still want to let them continue to plunder?

We got hundreds and some over a mil investments in this country that we call home. We are asking how can billion ringgit leakages allow to happen every yr? Whether our money will become banana notes in the near future when oil fields drying out? If so better sell all the properties before too late.

As value of money getting smaller each day, earning 6 figures no big deal really. As said before, my close buddy SPM graduate businessman acquiring lands/properties like every 3 mths. People remain low profile and not making big fuss in the net.

Value yourself in terms of salary? Tat's cheap human mindset.

From the Salary Thread in Careers subforum, plenty of <30yo has achieved 6-figure annual income, excluding bonuses. We have a lot of rich young people around...

CM: Low-cost housing units exclusive only to Penangites
GEORGE TOWN: Only Penang voters will be allowed to buy units at a huge low- and medium-cost and affordable housing project to be built by the Penang Development Corporation (PDC).

The corporation has allocated a 60.7ha site in Batu Kawan on the mainland for the project, which will comprise high-rise units.

Chief Minister Lim Guan Eng said the state government was imposing this requirement to ensure that only Penangites benefited from the project.

“The units will be priced at between RM72,500 and RM220,000.

“There will be a variety of units with different built-up areas,” said Lim, who is also PDC chair­-man.


He said the project site was the largest tract of land ever allocated in Penang to build such homes.

“Previously, our affordable housing projects were located in mixed-development sites,” he told a press conference here yesterday.

Lim said the project would support Batu Kawan’s housing needs as it transforms into an industrial estate.

He said the state government hoped it would be implemented as soon as possible.

He said more details on the pro­ject, such as the number of units and the various built-up areas, would be released once the project plan was complete­d.

Consumers Association of Penang president S.M. Mohamed Idris said affordable homes should be made available to all Malaysians, not just Penang voters.

He, however, welcomed the move by the state government to allocate such a big plot of land for such homes.

Sos Kicap

Buy , Hold o Sell?????

http://sg.news.yahoo.com/blogs/property-bl...-045008511.html

We simply attempt to be fearful when others are greedy and to be greedy when others are fearful...

Human is greedy and yes short of memory...

Those in careers subforum who achieved 6 figures income are not even 1% of Malaysia population. There are so many people <30 out there having difficulty in purchasing first property let alone save money

teori & practice is 2 different things. otherwise all who follow buffet talk style is now in forbes list
if u look for negative pessimistic data, u wil find it & act accordingly to it & vice versa
I need to buy more props, those extra 4 mill rakyat need places to stay by 2020

http://www.themalaysianinsider.com/malaysi...mpetitive-city/

Initiatives planned for Kuala Lumpur under the Economic Transformation Programme to make the city among the top 20 most economically dynamic and liveable by 2020 include a new MRT system to enhance public transportation.

Other initiatives include rehabilitation of the city’s polluted rivers, more green space, a high-speed rail link to Singapore, improved pedestrian linkages, and a more vibrant and seamless shopping belt.

It is hoped that the better conditions will help attract top talent to live in the city, whose population is expected to soar to 10 million in 2020 from the present six million.

kl got 6 mil population meh???

and sulifeisgreat, never did spot your portfolio in any of the thread.
mind sharing where you are vested?

tat means PwC print crap report of 6m rakyat, mus spam their mailbox
http://www.pwc.com/my/en/aboutus/contact.jhtml

& why hk star cum invest in bolehland? no one told them ekonomi armageddon is cuming
http://www.thestar.com.my/news/story.asp?f...1347&sec=nation
JIMMY Hung, a son of kungfu master Sammo Hung, plans to open a restaurant in Penang, reported China Press.

The artiste visited the island recently to look for a good location for his business investment.

It is learnt the restaurant would be set up in Gurney Drive or Queensbay.

Penang exco Law Choo Kiang said Hung planned to visit the island again in September, together with artistes Van Ness Wu and Nicky Lee

kochin, in terms of props, sj, pj, kl (target market is students)

This post has been edited by sulifeisgreat: Jun 10 2011, 04:45 PM

Yup, student market should be quite save with the amount of new colleagues built and expanding in the country.

Additional 4 mil population by 2020? Probably more foreigners expected to take over the country, coupler with low cost budget carriers.

Low cost expats and student market should be safest. Forget about KLCC type of high end market, well unless extreme small one some may still afford.

Yup, property cheaper than regional so what. Unless you are regional business men traveling all around every wk/mth. Else what for, no income generation like Florida holiday homes?

Err, new MRT? Foreign expats come here to take MRT? What they need is a high value businesses and industries so they can afford to pay high value rent like what Spore is offering. The MRT will be a plus to for them to beat 10 mil population stuck in the jam.

Investment

it's me again, 25 year old fresh grad who's complaining can't afford to buy property...

well, to conclude a bit.. basically, there are 2 camps arguing in this forum ..those who ady in the boat, n another was people like me..can't afford to buy...

Those ady in the boat( Developers, Bankers, Valuers, houseowners, Investors, Speculators)
(play monopoly b4? u guys are as if those just bought the "little green n red" house earlier and setting high prices, and worst still, the 100 u earned last time is different with what we earned 100 this time...we are those "late comers" who came into the show n realized that " OMG.. it's freaking expensive...with the poor salary $200 collected every round, we keep on paying rental n taxes, yes ,of coz, we will broke soon, just admit it, this is the design of capitalism, n we have to admit it, it doesn't fair to late comers)

I do notice 1 forumer mentioned that "Demand is there" ..no worries...but do you understand the principle of economy is that "inverse relationship between demand and price"?

now all properties incl condo ady Sky high price - even though u willing to sell, young ppl willing to buy (but bank may not approve with relatively so low salary...) and pls don't blame the graduates that earning so little..it's not our fault...

I see many hardworking and talented graduates are performing exceptionally outstanding in academic and co-curriculum but as i said, u good in studies may not indicate good in "earning $$$".... there's no direct relationship....

what i could say our economy is distorted n sucks.... we have many high quality of graduates but with well trained, they can become somebody..believe me...

I use "Finance services" in economy as an example to give us a better picture...

Current M'sia job market:-

For example, take a finance major grad- who learned simply everything from A to Z in finance, how to hedge ,by what products (SWAP, forwards, futures) or how to price it? To apply Enterprise Risk Management to manage interest rate risk, liquidity risk, forex risk...To explain Basel III capital requirement ..Capital Market Master Plan..Ratio analysis..Bond Valuation..n etc) wow- U.S and UK syllabus... great!!!

I believe my UK syllabus is exactly same as what Singaporean learning as well ..but the difference is they got very good internship exposure n can landed on a very good first job...We Malaysia finance graduates most of the time doing the following:-

Banking jobs "generally" available in Job market of Malaysia -
In Generally- promoting credit card, personal loan, credit processing, credit recovery, balance transfer , etc.......

(Why our salary so low?? Simply, Bolehland can't attract FDI to produce high quality jobs who paid high salary)

take http://www.efinancialcareers.sg/ as example (as at 11/6/2011 1.36am)
1) to sort "jobs in Singapore"
> results show Showing 1-30 of 1104 jobs

2) to sort "jobs in Malaysia"
> results show Showing 1-28 of 28 jobs

(lol - pity us...SG had 39 times more than us )
(i pity myself too, perhaps i'm a loser why i'm not 1 of it that working in Raffles place in SG too...hehe)

Have a look
MALAYSIA JOB MARKET (derived from Jobstreet.com.my - Banking and finance jobs)


[SIZE=7]SINGAPORE JOB MARKET (derived from efinancialcareer- Banking and finance jobs)[



My point of view...

Singapore HDB (good quality houses, and can't compare at all with Malaysia low cost flat(some called it slum, and i admit), it respects the dignity and basic necessity for people who serve for the country)
Singapore Private dwellings- it caters for investors or speculators like some of you reading in this thread...if u got money, buy la..., no 1 will object)

Malaysia- whoever who invest in stock market also knew...
we ady lost FDI support long long time ago...now whose money to support the market at the level of 1500 ??? u tot our economy is really that good?? (YOUR ALL or OUR ALL own EPF money la, or our future generation MONEY)

aiyar.. I 25 years old.. i also know la..b4 general election come..

wow..stock market good..property market good..strong currency ...visionary future greater KL plan....100 mega storey...

simple economics theory, 3 pillars to boost the economy..
1) Export (b4 1997 crisis strategy- 4 little tiger ah....hehe...die soon la..totally lose out to Indonesia, China, Vietnam, Bangladesh, we ady stuck in middle income trap economy)
2) Private Consumption (last few years strategy la- c our household debt now, look layman beside u, every month after pay instalment, how much they leave??)
3) Government Spending (Last shot la- copy Dr.M strategy, Petronas Twin Towers, KLIA, now we have 100 Stories Tower, MRT project, Iskandar, Greater KL) Last time also got what MSC ah, CyberJaya ah, sigh...we always very "visionary" but in terms of execution ...sucks...

so...to attract pool of talents?? on what grounds??

1) higher inflation
2) low salary
3) high property price
4)high crime rate
5)high traffic congestion rate
6)highly career prospect??

perhaps i think
1)nasi lemak
2)rojak
3)kajang satay
4)roti canai

are the factors who could attract the talents back....ahahahaha


Singapore- Higher property price value can be justified (limited land,the value they created in their job, efficiency, strict law and regulation that do not tolerate corruption, friendly business environment, safety,etc)

Malaysia - on what grounds we property so expensive???
- limited land ar????
- our economy is so "good"???
- very high demand??? (many expats wanna come here to live, work n play???)

so..Minister n people..
dun always use the stupid reason to make comparison to compare la....
our oil and gas is still the cheapest in the region ( see Singapore how much, hey, we producing oil n gas,ok?)
our property prices are still very low in the region ( hey...ppl earning SGD ok ? ppl got HDB ok? u want all young ppl what ? staying in slum? or everyday travel from Seremban to KL ??)

what i only knew.. not only our property prices in distorted
our economy surely will burst soon..yeah
n we all Malaysian n future generation paid for it...

Come on la people( pls be considerate to the young ones, dun suka suka u guys still got option,> low cost flat, in fact, i been thru tat as well, everyday have to reach home earlier to fight for the car park, if too late, stuck ur car behind ppl car, then w/o ur handbreak, morning, let ppl move ur car freely up n down n pray earnestly not rolling down the slopes)
at 1am when u need to sleep after a heavy work, pray those "black ppl" not getting drunk n having party n open disco, in fact, i ady make telephone call to report to Police many times, u know, how efficient is our public services, reach within 30 mins, tegur a bit, they stop the loud music a while, then continue again, if u go to argue with the "black ppl", they will belasah you...malicious damage to ur car" ... n hope do not bring back ur gf or if u happen to have a daughter, be afraid of sexual harrassment, rape, stalker or whatever u called it... drug addicits are common to c ...stolen cars ..motorcycle...n etc )

sigh ....Malaysia.....
(Note- and i'm talking on a overview of macro picture n pls dun tell me how one individual is by all his efforts earning how much n how much...n telling me it's my fault that i earned less than RM10k a month, come on , just admit it ,it's a matter of fact our economy is almost stretch to the end ady and we all eyeing on the ETP....but ETP is just a vision , in terms of execution, many political factors discounted inside la)

This post has been edited by sunzi69: Jun 11 2011, 03:32 AM

I honestly agreed with what you said. in malaysia, people like you (well qualified, especially in your field) should go work in Singapore, HK or Shanghai. There's no good job propspect for you in malaysia. Malaysia is good if you start your own business, and take advantage of the abit "wild wild west situation" (no proper law and order) to make your money....believe me. Well educated people, hoping to land a job and climb your way up the corporate ladder with dignity is very hard, if not impossible.

sunzi,
agree in general what you have said. best option is indeed for you to leave. and you better leave soon while you can. the later you start to explore options, the lower your worth would be. at 25, you are still qualified.
good luck.

Hi Sunzi,

Your main problem is not high property price but you are not living the normal life of an 25 years old in Bolehland, you should buy your very first Vios, Vaio, Iphone, Ipad, Investment insurans plan, medical card, twice a year free and easy (so called backpack) AA travel .........etc and go hang around in disco, karaoke, night club, papaya garden................etc and start worrying that by the age of 35.

25-35 is the golden years to have FUN.

Cheers

Yes, even when you are working or doing business in boleh land, you will have to think global. The world is coming to our door step and yet a lot of us is still insisting of living in caves of Afghanistan.

Knowlageble persons left, rich persons gone, what is left in Bolehland, wake up lah!, Yang berhormat!

sunzi
u dont hv to waste time respond to the comment that equate our low cost flat to singa HDB
i cant think of more stupid things than those comments

i really think that u shud leave for singa shangh or hk
i am not being sarcastic but telling you my true opinion
but of course not all ppl can just leave like that
hv to consider a lot of things like parents and stuff...

i am late 30s now
i hope i was not as naive as I was when I was 25.
and u being 25 and knowing all these facts of life is really something.

This post has been edited by wwwcomment: Jun 11 2011, 10:20 PM

when msia living standard like that low cost flat is equal to HDB. the low in mid income live in flat, rich ppl, biz man, expatriates live in high end condo etc. if want to have luxury life, then Msia hv to restructure themself to catch up with 1st world. if still fall in race politics, bumi agendas etc i doubt we can live like 1st world countries. this is all politics and decide rakyat futures.

i really advise the youngs to go to advance countries to work (if hv the chances), make $ and later decide if u still want to return to msia. (depend on msia politic situation). I feel lucky working in advance countries (no family burden etc). i wont be successful if i still work in msia.

agree..
I think our 1st time house buyer is getting younger and younger, it shd be due to educational system, I started working (full time) at the age of 25 (after graduation), my plan to buy my 1st house is at age 28-35 (depend on savings), house price is 50% cheaper but installment is bout 80% higher as compare to current mkt now, buyers complaint high property price now but we complaint high interest lending rate 11% in those days (I dun think those young buyers can imagine) the game is fair.

When I was in Form 5, 95% of my schoolmate never ever think of University after SPM, most of us are poor, no chance to enter private colleges (not many choices either), the only chance is fight for STPM, it was really tough, my teacher told us that our STPM exam standard before 1990 was the top 10 most toughest exam in the world...I admire those youngsters can enroll into universities or private universities after SPM
we are in different world, facing different problems but the degree of it is the same... again the game is fair, dun complaint

This post has been edited by UFO-ET: Jun 12 2011, 01:05 PM