Walao, this statistic you also believe? wat bout not declare one? Businessman, entrepreneur, estate agents etc are not so buta buta give tax one

agreed..
alot ppl dun declare one..
but if they dun declare.. kinda hard for them to buy props rite?

millions homes are usually brought by those not working in Malaysia, so there are omitted for census, tax or statistic records

mostly are people who is working in US,UK,AUS,HK,SG where the property and currency is much higher then at home

my 2 cents only

i thought those working overseas.. will normally buy new props ?? quite less buying subsale rite ? am i wrong ?

There should be a Malaysian first, rule with property. Can you imagine what a sad country this will be if, all our props were bought over, and malaysians had to rent from them.

They should be charged with their currency not ours.

if buyers from indonesia, how?

Yup...totally agreed.

There is a certain group of ppl earning million yearly (but not work in malaysia).

Just talk about my friend sister, work in US company based on singapore. The whole package of offer is S$720k/year, contract 2 year.

Recently, just buy a subsale house for her family in desa pack city double story 1.28m.

For me.....sad to say loh....

this salary is ceo or dicrector liao loh... S$60k/month....

i heard more stories Actual friends friend scenario like this again and again ...

some is work and buy million homes for self / parents ...

some work and married rich and buy homes back as vacation home ...

some make a lot in oversea and buy home back in Penang, Melaka or KL for retirement ...

one two million after conversion is like nothing for these people

This post has been edited by ivanachang: Mar 21 2011, 04:38 PM

really hope those ppl buy, buy, buy......

Their currency if their money is bigger.

Thanks for the correction.

Haha....it is not a story....it real happen....i been her house b4, decoration amazing ......not like double story house.......350k renovation cost + furniture .

Buy thing like eat vegetable.....1 thing i cannot tahan.....buy 2 basikal at 50k.....crazy lah......siao....

ok la .. i edit .. heard "Actual friends friend scenario"

This is household only, not including company, individual foreigner, and foreigner company.

This is a property that being launched that I knew, a cash rich company bought 8~10 straight away for investment purposes and rent it out.

Also this is income stat only, not including people made money from other source.
For eg.
You bought a shoplot 200k 20 years ago, now appreciated to 600k, and you sell it, you have 600k ability to buy a 500k already, even you may still earn 5k per month.

all in approx figure since lazy to refer back.
the census says there's like 6.x million household.
4.9% more than rm10k.
4.9% of 6 mil household is more than 300k household.
so we are talking about >300k household that assumingly honestly replied to the census.

He..he..perhaps you dun not the secret, get a banker fren to teach you how they help their fren who declare "low income" but hv cash in hand to get loan

the oni thing i know is go genting change money nie..
seems like lobang here and there

This thread started since 13/7/2008...
A : will property price drop
B : property price will keep going up due to...
C : sure will drop coz over supply...
13/7/2009
A : why property price still go up, go up a lot...
B : property price will keep going up due to...
C : price increase 30% already, sure will bubble....
13/7/2010
A : property up another 30%?!! I suppose to buy in 2008 one, if not 2009, now kenot afford aleli..
B : property price will keep going up due to...
C : Property will burst, wait...speculators will cry soon
13/7/2011
A : Jialat, price up 20% again!! too high aleli, I can afford to rent a house only..mm..m
B : property price will keep going up due to...
C : let me show you this chart, everywhere burst aleli...sure burst one, price will never go up one..
13/7/2012
A : .......
B : property price will keep going up due to...
C : one day I will prove to you that I am right...

you just made my day! +1

keep it up until year 2020