QUOTE(37 Exposures @ Sep 28 2012, 01:50 PM)
Why Malaysia's house expensive?, low RPGT (Real Property Gains Tax)
Why Malaysia's house expensive?, low RPGT (Real Property Gains Tax)
|
|
Sep 28 2012, 01:56 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,275 posts Joined: Jan 2009 |
|
|
|
|
|
|
Sep 28 2012, 01:57 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,610 posts Joined: May 2008 |
Don't worry, government plan for house built below rm300k, here u go the chance. I wish my salary below rm3k.
|
|
|
Sep 28 2012, 01:58 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
2,004 posts Joined: Mar 2011 |
|
|
|
Sep 28 2012, 01:58 PM
|
![]() ![]()
Junior Member
209 posts Joined: Aug 2010 |
QUOTE(Helius @ Sep 28 2012, 01:35 PM) If same method, same school, same teacher, same class, same effort but result still below others, blame who?? you can feel good if you are smart and gifted, but do not make fun of or belittle those who are not so gifted.Blame urself... No high IQ and EQ... Don't expect others to feed u la... This is not fair to those smarter... Hehe... understand? what happen for those are smarter than you but they do not have equal chance becasue they need to take care of sick families members, etc? Not everyone is as lucky as you who is so smart and lucky. again, understand? when u r smart and gifted, u shud be grateful, not look down on others. |
|
|
Sep 28 2012, 02:04 PM
|
![]() ![]() ![]() ![]()
Senior Member
546 posts Joined: Nov 2011 |
LV, Gucci, Chanel, Breguet , Blancpain are so expensive, I demand for a msssive RPGT or GST on them
|
|
|
Sep 28 2012, 02:12 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,275 posts Joined: Jan 2009 |
why would you hope to get your life harder..?
probably you would be the one who suffer in the end? |
|
|
|
|
|
Sep 28 2012, 02:18 PM
|
![]() ![]() ![]() ![]()
Senior Member
573 posts Joined: Sep 2012 From: Cyberjaya |
QUOTE(wwwcomment @ Sep 28 2012, 01:58 PM) you can feel good if you are smart and gifted, but do not make fun of or belittle those who are not so gifted. I like your comment..those who can afford houses doesnt have to be mean to others..understand? what happen for those are smarter than you but they do not have equal chance becasue they need to take care of sick families members, etc? Not everyone is as lucky as you who is so smart and lucky. again, understand? when u r smart and gifted, u shud be grateful, not look down on others. |
|
|
Sep 28 2012, 02:33 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,593 posts Joined: Jul 2012 |
|
|
|
Sep 28 2012, 03:16 PM
|
![]() ![]()
Junior Member
245 posts Joined: Oct 2004 |
|
|
|
Sep 28 2012, 03:28 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
2,004 posts Joined: Mar 2011 |
|
|
|
Sep 28 2012, 07:13 PM
|
![]()
Junior Member
48 posts Joined: Jan 2011 |
QUOTE(MisterLeaf @ Sep 28 2012, 01:15 PM) Do you think poor people cos of lazy? Sorry but whoever thinking like this is already a weak sauce loser. 90% of the time one cannot be success is because they don't believe they can.Do you think poor study result cos of stupid? Not everyone can earn much money or get good result even they do hard already. Sometimes they even use the same method but not getting the same result. You are lucky, but please think about other people. They just simply gave up and find excuses. Over time a lazy genius can lose to a hardworking idiot. Imagine, every time you lose a badminton game you demand to change the rules for you. This goes forever and you will only become weaker because instead of improving yourself you're trying to gain handicap so you can cope with it. If you want to stay in the game, improve yourself and push to the limit until you can cope with it. Otherwise just don't play the game aka don't enter property market, simple. Or don't enter the market you cannot cope with, improve until you can. In Malaysia, there are properties price ranging from cheap flat costing RM80k to RM200k medium cost, 500K luxury & etc etc. The choices are there but you don't want to choose the one you can afford, you want the better option BUT... you want it cheaper, you want handicap given to you, you want the market swing to your favor. In hong kong a low cost apartment few hundred sqf size cost a couple million. That is a legitimate concern. In Malaysia, hell no! |
|
|
Sep 28 2012, 08:00 PM
|
![]() ![]() ![]() ![]()
Senior Member
573 posts Joined: Sep 2012 From: Cyberjaya |
QUOTE(theedi @ Sep 28 2012, 07:13 PM) Sorry but whoever thinking like this is already a weak sauce loser. 90% of the time one cannot be success is because they don't believe they can. Being humble doesn't mean u r weak man..correct me if im wrong..They just simply gave up and find excuses. Over time a lazy genius can lose to a hardworking idiot. Imagine, every time you lose a badminton game you demand to change the rules for you. This goes forever and you will only become weaker because instead of improving yourself you're trying to gain handicap so you can cope with it. If you want to stay in the game, improve yourself and push to the limit until you can cope with it. Otherwise just don't play the game aka don't enter property market, simple. Or don't enter the market you cannot cope with, improve until you can. In Malaysia, there are properties price ranging from cheap flat costing RM80k to RM200k medium cost, 500K luxury & etc etc. The choices are there but you don't want to choose the one you can afford, you want the better option BUT... you want it cheaper, you want handicap given to you, you want the market swing to your favor. In hong kong a low cost apartment few hundred sqf size cost a couple million. That is a legitimate concern. In Malaysia, hell no! |
|
|
Sep 28 2012, 08:00 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,491 posts Joined: Sep 2008 |
|
|
|
|
|
|
Sep 28 2012, 08:32 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,857 posts Joined: Dec 2010 |
In general, personally, I rate this as Good Budget.
All are good things for low-middle income groups (tax reduce, exemption, cash $$, affordable houses, 50% stamp duty, my 1st home scheme, higher RPGT, etc), nothing to complain already. The only concern is the country deficit will definitely be widen. |
|
|
Sep 28 2012, 09:33 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,219 posts Joined: Apr 2012 |
QUOTE(MisterLeaf @ Sep 27 2012, 09:00 PM) Real Property Gains Tax (RPGT) is one of the capital gains tax imposed in Malaysia. RPGT is charged on gains arising from the disposal of real property. RPGT is a move to stop the real estate market speculators. Weak RM is the problem.Our country had RPGT in the tax system many years ago until 31 March 2007, when the government abolished RPGT to attract foreigners to invest in Malaysia, but resulting in the disparity between the rich and the poor of the country more serious. ![]() However, RPGT is re-imposed since 1 January 2010 at the rate of 5% on gains arising from disposals of chargeable assets. And the latest RPGT is revised to the following: Properties held and disposed within 2 years, RPGT = 10% Properties held and disposed after 2 years & up to 5 years , RPGT = 5% Properties held and disposed after 5years, RPGT = 0% The revised RPGT has hardly made the house price lower or stop the market speculators, because most of the construction takes time to complete, normally 2-3 years. Low RPGT encourage rich people buy properties and sell it out to make fast money, resulting the price of the properties hike. The government should revise the RPGT in Budget 2013, and charge a very high rate of profit tax if the owner of the property sell in a short time or is just using back the Real Property Gains Tax Act 1976 (Schedule 5) |
|
|
Sep 28 2012, 09:38 PM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
706 posts Joined: Jun 2011 From: KL |
QUOTE(theedi @ Sep 28 2012, 07:13 PM) Sorry but whoever thinking like this is already a weak sauce loser. 90% of the time one cannot be success is because they don't believe they can. +1 They just simply gave up and find excuses. Over time a lazy genius can lose to a hardworking idiot. Imagine, every time you lose a badminton game you demand to change the rules for you. This goes forever and you will only become weaker because instead of improving yourself you're trying to gain handicap so you can cope with it. If you want to stay in the game, improve yourself and push to the limit until you can cope with it. Otherwise just don't play the game aka don't enter property market, simple. Or don't enter the market you cannot cope with, improve until you can. In Malaysia, there are properties price ranging from cheap flat costing RM80k to RM200k medium cost, 500K luxury & etc etc. The choices are there but you don't want to choose the one you can afford, you want the better option BUT... you want it cheaper, you want handicap given to you, you want the market swing to your favor. In hong kong a low cost apartment few hundred sqf size cost a couple million. That is a legitimate concern. In Malaysia, hell no! |
|
|
Sep 28 2012, 09:54 PM
|
![]()
Junior Member
48 posts Joined: Jan 2011 |
QUOTE(dRwh0 @ Sep 28 2012, 08:00 PM) I think being humble means not bragging about how good you are, being humble does not means you see yourself cannotcompete fairly and deserve given handicap for something you want. If truely want to be humble then pick the right opponent you can handle (flat, apartment, condo, terraced, bungalow). In malaysia they are still choices. You can only afford flat then you want to buy condo, instead of trying to earn more money you want the market goes down. The world moves on, some day in malaysia a flat will cost a condo's price or more. Mind you, in economic sense this property price progression over a steady period is perfectly normal and healthy. If you do not move on then blame the market and the earth goes round and wait for durian jatuh. Anyway, back to topic i don't think all these taxes and fees will make more affordable houses. Instead the money will goes to the government and the cost will shift back to buyer. I think government need to build or give subsidies to build more affordable houses. |
|
|
Sep 28 2012, 10:25 PM
|
![]()
Junior Member
42 posts Joined: Dec 2008 |
QUOTE(tikaram @ Sep 28 2012, 10:33 AM) if invested in REIT Bro, your idea worth considering. Which counter you recommend?600K with 6% dividen for 20 years getting at least 1.9 million is the investment 1.5mil good @ 20 years later? hahaha. What a joke! 0 600,000.00 636,000.00 1 636,000.00 674,160.00 2 674,160.00 714,609.60 3 714,609.60 757,486.18 4 757,486.18 802,935.35 5 802,935.35 851,111.47 6 851,111.47 902,178.16 7 902,178.16 956,308.84 8 956,308.84 1,013,687.38 9 1,013,687.38 1,074,508.62 10 1,074,508.62 1,138,979.14 11 1,138,979.14 1,207,317.88 12 1,207,317.88 1,279,756.96 13 1,279,756.96 1,356,542.37 14 1,356,542.37 1,437,934.92 15 1,437,934.92 1,524,211.01 16 1,524,211.01 1,615,663.67 17 1,615,663.67 1,712,603.49 18 1,712,603.49 1,815,359.70 19 1,815,359.70 1,924,281.28 20 1,924,281.28 2,039,738.16 |
|
|
Sep 28 2012, 11:58 PM
|
![]() ![]() ![]() ![]()
Senior Member
580 posts Joined: Oct 2011 |
QUOTE(oxm8 @ Sep 27 2012, 11:13 PM) there is a lot of flats and apartment under 200k. in setapak we have genting court, teratai mewah, danau kota flat. idaman suria etc..... but well most of 'them' want landed houses. worst part they dont have enough cash to pay for 10%. end up they rent.... mmmm.just find affordable house for u Setapak flat and apartment so expensive liao. still worth to investor not? Added on September 29, 2012, 12:00 am QUOTE(Helius @ Sep 28 2012, 09:26 AM) I bought 1 unit bangsar south condo at 600psf for my 8 mths old baby, but I would say is cheap... I settle 30% as downpayment and monthly installment only 2.6K... Is still very cheap to me... Y everybody say expensive?? Nobody envy you. You just talking yourself here only. Everybody say expensive because no have no money to buy or just envy me? This post has been edited by Seremban_Guy123: Sep 29 2012, 12:00 AM |
|
|
Sep 29 2012, 12:26 AM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,491 posts Joined: Sep 2008 |
QUOTE(Helius @ Sep 28 2012, 09:26 AM) I bought 1 unit bangsar south condo at 600psf for my 8 mths old baby, but I would say is cheap... I settle 30% as downpayment and monthly installment only 2.6K... Is still very cheap to me... Y everybody say expensive?? Expensive in a way suppose to be RM1 and reasonable to afford. Now it is become RM1.5 or RM2. Everybody say expensive because no have no money to buy or just envy me? Goverment Should Tax Rich People like me. |
| Change to: | 0.0264sec
0.56
6 queries
GZIP Disabled
Time is now: 2nd December 2025 - 08:35 PM |