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Investment Ivory Residence @ Mutiara Heights, Kajang, by TLS, share your opinions here

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flyingleaf01
post Oct 26 2013, 08:07 AM

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within radius of 3-4km if I am not mistaken. Saujana Impian Station. Heard got park-and-ride facility.
OptimusStar
post Oct 26 2013, 09:58 AM

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Yes it is between 3 to 4 km away and has a park and ride facility.
peggylin
post Oct 26 2013, 12:26 PM

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Yup distance between IR with MRT Saujana impian is about 4km or 5-10mins
peggylin
post Oct 26 2013, 12:30 PM

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Everybody any comment with budget 2014 propery tax & void DIBS any effect with housing prices in next year especially foreigner only allow to purchase 1m
rontan_83
post Oct 26 2013, 12:34 PM

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QUOTE(peggylin @ Oct 26 2013, 12:30 PM)
Everybody any comment with budget 2014 propery tax & void DIBS any effect with housing prices in next year especially foreigner only allow to purchase 1m
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I guess property price will stagnant liao
flyingleaf01
post Oct 26 2013, 12:45 PM

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How about Ivory flippers here? What is your game strategy?
peggylin
post Oct 26 2013, 06:25 PM

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Don't you think next new property price will mins in 1m like hong kong
flyingleaf01
post Oct 26 2013, 06:28 PM

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QUOTE(peggylin @ Oct 26 2013, 06:25 PM)
Don't you think next new property price will mins in 1m like hong kong
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Maybe not so soon... Not easy to jump from 500-600k to 1m overnight. Over 8-10 years, yes, almost all will be >1mil I think. U? So you want to hold until 1m?
peggylin
post Oct 26 2013, 06:36 PM

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But one think for sure is New properties will be getting more expensive GST imposed on construction material and service fees for design, consultancy, legal, etc
peggylin
post Oct 26 2013, 06:39 PM

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Sure will hold IR is for own stay haha not invest

Very funny msian gov announced all new cooling measures but no timeline or effective date stated, then what should the buyer and seller do now? Everyone will look at each other and dunno what to do next. Sell or not sell? If sell then will it affected by new 30% RGPT? Buy or not buy? If buy then what if the 1mil restrictions imposed the next few days?
jackson2001
post Oct 26 2013, 07:18 PM

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No impact on own buy/stay..bad news for flipper/investor..b4 this just buy .now. need to think 5x more to buy..if 30% being pass to buyer...
jackson2001
post Oct 26 2013, 07:23 PM

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RPTG seller just going to build into price. DIBS developer just going to arrange reimbursement, you pay bank first then developer pay you back.
flyingleaf01
post Oct 26 2013, 10:34 PM

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QUOTE(peggylin @ Oct 26 2013, 06:39 PM)
Sure will hold IR is for own stay haha not invest

Very funny msian gov announced all new cooling measures but no timeline or effective date stated, then what should the buyer and seller do now? Everyone will look at each other and dunno what to do next. Sell or not sell? If sell then will it affected by new 30% RGPT? Buy or not buy? If buy then what if the 1mil restrictions imposed the next few days?
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Buy for own stay --> Support! rclxms.gif When is the target VP? End 2015?

Regarding the effective date, you can always call up IRB to clarify. I read somewhere in this forum, I get a hint that new RPGT effective 1 Jan 2014.

peggylin
post Oct 27 2013, 12:26 AM

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How about u? vp Yup end of 2015 would be haha
flyingleaf01
post Oct 27 2013, 11:42 AM

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QUOTE(peggylin @ Oct 27 2013, 12:26 AM)
How about u? vp Yup end of 2015 would be haha
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I am just small fry that come to blow water only. I don't buy Ivory cause I missed the boat, but I am positive on Kajang! So just watch out to see how it develops over time. rclxms.gif
-/00\-
post Oct 27 2013, 11:58 AM

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QUOTE(flyingleaf01 @ Oct 27 2013, 11:42 AM)
I am just small fry that come to blow water only. I don't buy Ivory cause I missed the boat, but I am positive on Kajang! So just watch out to see how it develops over time.  rclxms.gif
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no worries.. wait for block c..
jackson2001
post Oct 27 2013, 12:06 PM

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There are some benefit sharing from the other just FYI

This topped my list:

* Kadar cukai pendapatan individu akan dikurangkan sebanyak satu hingga tiga mata peratusan bagi semua pembayar cukai.

* Pendapatan bercukai pada kadar maksimum dinaikkan daripada melebihi RM100,000 kepada melebihi RM400,000.

* Kadar cukai maksimum semasa pada 26 peratus akan dikurangkan kepada 24 peratus, 24.5 peratus dan 25 peratus.

* Pelepasan cukai khas RM2,000 untuk pembayar cukai dengan pendapatan bulanan sehingga RM8,000 ke atas pendapatan 2013.

* Review Real Property Gains Tax (RPGT).

* Increase the minimum price of property that can be purchased by foreigners from RM500,000 to RM1,000,000.

* Prohibit developers from implementing projects that have features of Developer Interest Bearing Scheme (DIBS).

Now genuine buyers can get into the market... If u have holding power than its gud, else it's gone be bad.. I don't think rental yield gone increase, might go the other way around and for those who bought for crazy price, I wonder how they gone pay the monthly installments.. Too many completion around the corner 2014/2015..

For those suggesting the price gone increase as sellers might include the tax, think again if the bank valuation gone match it.. I realize tat it's no longer easier to get loan tis days with a very high margin since they are not calculating ur per-annum salary but gross salary n the bank valuation is far from the asking price for sub-sale units.. The first 4 points are positive note for me, if u can afford the instalment then shouldn't be a problem..

On top of that I don't think those with 1/2 property would be much affected unless, more than 2 n depending on rental then there might be a problem..

No DIBS means, not every Tom and Harry can own a property anymore... I hope they will revise personal tax rate structure since they have set the max from 100K to 400K now... Tax makes me every month looking at pay slip!

Previously only 10% of the ppl were paying the tax n by implementing GST, 100% gone be paying.. So high income ppl gone be while low income ppl gone be .

Looking at where tings are heading, interest rate/BLR revision might nt be too far.. Once QE tapering begins, sometime next Q1/Q2 our economy gone start bleeding like a b***h.. Sare/Bond/Property everything gone be affected, some rough patch ahead... It had to be done to counter inflation, once GST kick in hell gone break lose!
flyingleaf01
post Oct 27 2013, 12:09 PM

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QUOTE(-/00\- @ Oct 27 2013, 11:58 AM)
no worries.. wait for block c..
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O? I thought all sold out? Still got block C? Indicative price? Will it still be cheaper that neighbor Ameera?
-/00\-
post Oct 27 2013, 03:17 PM

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QUOTE(flyingleaf01 @ Oct 27 2013, 12:09 PM)
O? I thought all sold out? Still got block C? Indicative price? Will it still be cheaper that neighbor Ameera?
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No idea about the price..ya.. they jz launch for a n b.. still got block c.. last time they said block c will only sell after completion.. may b u can call to dev for enquiry..
Metalsun
post Oct 27 2013, 03:34 PM

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I believe they sold en block to some investors and probably will release after completion by those investors. If not, why would a developer hold on to the whole block when they are trying to generate revenue from their project? This is a one phase project, not 2 or 3. Maybe that explain why so far there are no news of block C yet.

Just my two cents thought. Any sifus or insider staff can enlighten us on this?

Anyway, it will be good news for people who had bought this project.

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