Recently the Singapore government imposed additional Stamp Duty on foreigners and local investors in order to cool the market.

I believe we will start to see new wave of Singaporeans investing here. At the same time some of the investors who were eyeing Singapore may decide to divert their funds here instead.

If thats the case, the low and middle income earners are pretty screwed if the gov don't intervene.

No matter what you say, the properties in Malaysia shot up because of global factors, and if because of global factors properties worldwide drop, do you think Malaysia will be spared? Or maybe you're living in denial because u r a property agent..

would the min rm500k prop ruling apply to singaporeans?
or these would be the group of 'malaysian' who is currently holding PR in singapore. best of both world. can goreng props below rm500k too.

Can anyone confirm the Malaysia policy for foreigner property purchase in Malaysia is limit to property above 500k or 300k??

So all the other countries are trying to cool off, but Malaysia still trying to inflate the prices. Something is wrong isn't it?

Price of prop go up because of foreign speculation, until locals can't afford. What good is that?

Agreed. .. Price goes up. .. Our next generation will suffer. .
The fact is some of them already suffering now.. What so good about it rocket up???

Next generation of rich property owners wont suffer...

Yea... Heard some of my friend (40-50s)... has bought property for their child ...
One each. .. !!! ....

lucky them got parents support their child. I wish my father buy me a landed house

500k applies to FOREIGNERS. That means NOT MALAYSIAN. If you have malaysian IC yes, then you are malaysian.

Anyway, they should raised to a minimum of 750k + additional stamp duties. 500k is peanuts to them after the conversion rate. Especially from SG.

they tot buy property is better then buy insurance...... more secure/return....

1 house for 1 children ......1 malaysia boleh....

what riches you have today, may not be rich next generation if the properties keep going up at these rate



500k 10 years ago - can get you a nice corner DSL or even Semi-D
500k now - can get you a nice cosy pigeon hole high up the sky
next generation - really don't know but 1 thing i do know, if inflation continue like this...i be a vagabond very soon

500k landed now will become 1.5 million in 20 years mah... then cash out and buy a brand new property. where got suffer?

min RM500k apply to all non Malaysian.. RM500k=SGD215k.. peanut...

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Added on December 9, 2011, 3:50 pmRM500k..

This post has been edited by abgkik: Dec 9 2011, 03:50 PM

If you buy at 500k now. .. then enjoy by selling 1.5million 20 years later...

Those who born now. .. at their 20s... they need to fork out 1.5million from pocket... with they starting pay...
for 1.5million loan... repayment is about 6-7k (90% margin at interest rate BLR - 2.5% > 4.1% for 30 years!!)
How much a starting salary it should be at that time?? Do you think a fresh graduate can make 20k at that time?

Next generation will definately suffer... It will ended up either renting from the rich who bought property now. ..
Those who have farsight will buy for their child now. ..

But wheather the 1.5million will come real??? 12.2012 coming??!! . .. We dont know what will happen next. ..

you're worry to much, maybe your children be the next steve jobs ler.

haha...very good imagination u have

but come back to the same question, 20 years later do your next generation buying 500k house?
nope isn't it.

your next generation might need to buy new home that will cost more then 2.5M. If use current situation as a yardstick, all newly launch properties are price higher then old properties. Your next generation still suffer but lesser compare with no properties owner 20 years later.

This post has been edited by Iceman74: Dec 9 2011, 07:03 PM

then i buy 2 properties for each kid. Sure can afford this time.

haha... yr kids how old?
can intro to mine

i'm not as generous as u, i will give them each a roof above their head
The rest are for me & wife to enjoy our retirement
If they want nicer or bigger, they have to work their ass off