man....this was asked so many times.....

google sell this as cost price. they plan make profit when consumer buy lots of stuff from their play store.

in country where play store not fully open, where got profit. so they never plan sell here.
asus bring in because they want profit. 249usd is cost price, so the additional increase is profit for asus.

be reasonable, at price less than 1k, you only can get rubbish china brand tablet.
this is nexus device, will get android update asap as it is released.
quad core tablet, 1280x800 resolution screen (big big noticeable improvement over 1024x600)

if you buy from garage sales, sellers there order from US at 245usd, add shipping cost, and their own profit, also sell around 1k. people want to ear money la

Got my Nexus7 this evening at Lowyat Plaza for 999.
Managed to get the usd25 and this is my first tablet 

ya uncle, sure. 

to users who got their accounts on hold and cant make any purchase from the Google Play with this error:

"Your payment could not be processed at this time. You may recieve an email asking you to verify your account"

in which you will never get any email from them asking you to verify.

Head up to this page with your account signed in, and email them telling that your account is on hold.

In a day or two, you'll receive a standard email of them telling you that your account is normal etc, asking you to update the credit card address, setting up password to avoid accidental purchases etc. This email doesnt specifically asking you to verify anything, just them telling you the things that usually we knew already.

But I believe even though you have your cc address already keyed in correctly, just click the LINK GIVEN in the email which will redirect you to the cc page of your Wallet. This, I believe is their way of verification.
This is because, I knew my address was already correct which made me felt not necessary to click that particular link as mentioned above and the result, I waited for days and my account was still on hold.

Then one user here (forgot his/her nick) telling that he/she succeeded in making his/her account back to normal after editing the address detail whereas I was the 1st one to get their email and gave me idea that perhaps by clicking that link would give me the sort of verification that they want.

So I clicked, (must be done on your PC, not tablet or mobile devices) and didnt really edit anything since it was already correct and waited for 24 hours, and yea, my account has been put back to normal without me having to set up password on Google Play like somebody suggested in the other forum. I successfully made a purchase of Thumb Keyboard using my leftover Google Credit.

Perhaps this would give to those who face similar issues, some ideas. 

PS: This isnt a guaranteed fix, but this is what Ive been observing for days and hopefully it would be a correct fix to you as well.