i remain to believe that it won't stop the developer to sky rocketting prop prices. whatever prediction out there, the land will not multiplying it self. hence the amount of land in good and potential will keep shrinking thus the price increase. that being said, there's still possibility for huge economic crisis come storming again borrower can't afford to pay which shall resulted auction properties fest.

Yeap it really depends on how much would be the price. Personally i think foreigners should only be allowed to purchase props which is RM750 - 800k. If they can purchase anything below RM600k it don't seem fair to the local. Imaging a 6k household income person in singapore compared to malaysia. They can easily afford it as compared to our locals and due to nett income rule.. banks will allow foreigners to purchase them and not us.

*on top of that i think we need something like eg:
each foreigner who would want to buy a home here would need to pay 25 - 30% more compared to the market value for the home else it would not justify as being a local.

True also but if foreigner's can only buy RM 1m props then it would give us the local a better chance in obtaining our own place. The problem now is that places like Johor for example there are too many double storey houses which was being purchased by the Singaporeans. Anything around 500k - 750k is still cheap to them. That's just like their HDP Flat prices. We need to gap them and make it not so affordable. Else the lower end house will continue to be "goreng" by this ppl.

*In the end the locals would suffer...

it will affect the market sentiment nothing charge... the pool of demand become less by phycology... at the sametime supply will over take... seller/agent suddenly awake!

no la, i think the min launching price will be rm1 mil. so that the foreigners can buy the prop.

... at the same time, sub sale price increase further!

Cheers bro, we are all learning from each other.

May we get wiser and wiser as we age

i hope govt confirm quickly on RM1m requirement for foreign buyer...raise Malaysia property profile

Bro, typo izit? Guess u mean 'raise Malaysia property VALUE'

The Finance Ministry's Valuation and Property Services Department Property Market Report 2011 released last week showed there were 269,789 residential property transactions worth RM61.83bil transacted last year, the highest recorded in the last five years.



MYR..................Transaction..%
<50K ................45,055.......16.7%
50K-100K..........55,307.......20.5%
100K-200K........80,397.......29.8%
200K-500K........67,177.......24.9%
500K-1M...........15,378.......5.7%
>1M..................6,475.........2.4%
TOTAL...............269,789....100.0%

There are lots of rich people in this country.
Why are you guys complaining here?

wah 65 percent is below 200k! really reflect Msian salary! But this is gross income..if we are talking net income this will be lower!

have anyone seen any pricing correction lately in the subsale market lately, especially condo ? i have been hunting high and low for a place and no indication have pointed to any correction so far.

not yet.... just stagnant...

91.9% of transactions below 500k.
Only 6,475 purchases of property over 1m.

MYR..................Transaction..%
<50K ................45,055.......16.7%
50K-100K..........55,307.......20.5%
100K-200K........80,397.......29.8%
200K-500K........67,177.......24.9%
500K-1M...........15,378.......5.7%
>1M..................6,475.........2.4%
TOTAL...............269,789....100.0%

there's plenty of 100-200k properties

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Added on April 11, 2012, 11:27 amyes, i have continuous monitoring the current most over supply area in klang valley; Mont Kiara, for 1600sf and below, price doesn't drop but slowly increase instead, price stagnant for 2000sf above, hardly find fire sales also.

This post has been edited by zuiko407: Apr 11 2012, 11:27 AM

1. This figure shows that Malaysia is not drastically high and warrant a meltdown as claim by the doomsayers
2. It also remind seller which want to sells sky high for their property which they claim that others is selling at very high price.

Non the less 21k above 500k is still a market.........

Solid figure from the government to debunk the myth of the opposition claiming that House is way beyond normal working level

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Added on April 11, 2012, 12:14 pmAnd for BNM to remove foreigner buying form 500k-1mil buying, is doing quite a good job in ensuring the property in Malaysia has a sustainable growth without hurting the property industry. As always Pn Zeti intention is not to let the property industry crash and hurt pepole, but is to remind people that we should allow property to be in a reasonbly, sustainable growth, rather than a bubble to meet small party benefits.

This post has been edited by kohts: Apr 11 2012, 12:14 PM

well too bad they segmented the 200k to 500k property too broadly..my bet is the majority of that segment lies between 200 to 300k..and looking at current launching price at klang valley its getting rare to find prices below 300k..well they say statistics can easily be manipulated..

This is not only KV ....so a more concentrated satistic would be good for KV (PJ, KL, Ampang, SJ, Puchong, SA, etc)

Don't celebrate just yet. The Finance Ministry's Property Market Report show transacted prices for the WHOLE COUNTRY. So how "solid" are those figures to debunk the myth of the bears?

We came across a report a couple of months ago, the official data says median house prices in KL is about 500k, and 400k for Selangor state?


Developers are selling 350sf shoebox apartment located outside of the city centre at 360k these days. Saying there is no bubble at all is just fooling yourself.

Someone lives in fantasy land might think the music will never stop... just like those riding the tech bubble in the millennium.

Historically, all markets experienced exponential growth must follow by a crash. We have had exponential growth in KV property market in the past 2 years (price doubled in 1 or 2 years?). It's baked in the cake.


Over-owned, over-supplied and overpriced >>> bubbles. Let's talk up the market see whether it will work or not

Price cant drop if no one is selling low. But i know also that theres plenty of buyers want to buy at good locations. Problem is price is high but demand also high.

which studio/room? selling at RM1k + per square feet?

Market crash means BNM - Kak Zeti total failure......
I guess If you dont believe in Najib Kor, at least have some faith in Kak Zeti.
Kak Zeti leh....., top governor and financial controller of Malaysia

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Added on April 11, 2012, 9:07 pmOn 20 May 2011, it was reported that Bloomberg columnist William Pesek has picked Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz as one of his four nominees to head the prestigious International Monetary Fund (IMF) after the position became vacant following the resignation of Dominique Strauss-Kahn who was arrested in New York, and is presently facing sexual assault charges.

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Added on April 11, 2012, 9:11 pmZeti said many lower-income households in urban centres are "highly leveraged" with borrowings, mainly in hire purchase and personal loans.

"All those who have affordability should be eligible to borrow,'' she said.

The central bank earlier this year introduced what it called responsible lending guidelines to contain the accumulation of debts above levels that are affordable, particularly for more vulnerable households.

"Early implementation of wide-ranging measures has begun to show results,'' Zeti said at a briefing held in conjunction with the release of Bank Negara's latest annual report.

She said household debts were not at alarming levels with the declining trend in non-performing loans.

"All those who have affordability should be eligible to borrow," she said during a media briefing today.

She said the quality of loan portfolios have also improved

This post has been edited by kohts: Apr 11 2012, 09:11 PM