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

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post Mar 10 2011, 03:06 PM

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QUOTE(CKHong @ Mar 10 2011, 02:23 PM)
OMG !!
increase again !! malaysian citizen will have to rent house for the rest of their lives.. 
high income nation need to sacrifice 90% of malaysians...
after 6 month.. if reli increase 20%.. i dun think got many malaysian buy those props lur.. all props need to sell to foreigners..
then foreigner will help us push our economy.. 
if reli up 20% in 6 month then i straight buy a flat which will cost me 300k .. or maybe i just get a double storey house in my kampung better..
hmm.. higher land cost.. izzit gomen too poor until have to sell those land pricey ?
they going to increase amanah saham rite ? forgot where i read that b4..  our gomen veli cham.. sad.gif
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haha of course increase...The Real Estate and Housing Developers' Association Malaysia (Rehda) will tell us property price going down in future? of course they won't... property developers want to increase price sure got excuses... raw material/land costs/living expenses/not enough profit/not enough racing cars/etc... until government do something on policy or market really can't sustain (maybe household debt 150/200%?) else you won't see it drop...
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post Mar 19 2011, 10:38 AM

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http://www.thestar.com.my/news/story.asp?f...2818&sec=nation

Hard to get credit cards so won't spend much but allow them to 100% loan?
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post Apr 6 2011, 08:25 PM

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When we going to have "luxury tax"?

http://www.straitstimes.com/BreakingNews/A...ory_653676.html

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post Apr 20 2011, 02:38 PM

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QUOTE(soongkm @ Apr 20 2011, 01:51 PM)
Hi people, something to share with you all.  A documentary on the China potential real estate bubble that may burst.  China Ghost Cities and Malls:

http://www.youtube.com/watch?v=rPILhiTJv7E
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I can see more & more condo/shopping mall empty in Malaysia. Keep building please so I can get another cheaper unit soon. smile.gif
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post May 3 2011, 10:56 AM

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QUOTE(22222222 @ May 3 2011, 01:39 AM)
Japan
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Japan still struggling on their nuclear issue. Are you suggest they should build their city/houses/plant on top of it?
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post May 3 2011, 06:15 PM

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QUOTE(wankongyew @ May 3 2011, 01:40 PM)
As someone who orders materials for a construction contractor, I say that it is not true that construction materials always increase in price. In fact, they go up and down quite a lot. Also note that construction materials are very bulky, so freight charges are a significant component of their cost. So prices are very localized. Here in Sabah, I know for a fact that plywood is in short supply and it's very difficult to find certain sizes of OT timber. Apparently the Japanese really have been sweeping up everything they can get their hands on. But steel prices seem quite cheap to me. Looking back at my previous order history for example, I see that the price of a tonne of steel here is currently less than RM2.6k. In 2008, I paid nearly RM2.8k for the same steel. But in 2009, the price dropped to as low as RM2.4k.
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Maybe businessman also goreng the raw materials... smile.gif

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