Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Why Malaysia's house expensive?, low RPGT (Real Property Gains Tax)

views
     
ecin
post Sep 27 2012, 10:11 PM

location
*******
Senior Member
5,857 posts

Joined: Dec 2010
Tons of affordable houses in the market, because of RPGT, Malaysia house price is one of the cheapest in the region.
ecin
post Sep 27 2012, 11:24 PM

location
*******
Senior Member
5,857 posts

Joined: Dec 2010
QUOTE(AMINT @ Sep 27 2012, 10:51 PM)
Sometimes I just dont get it. There are abundance of affordable houses in semenyih, bukit beruntung, seri kembangan etc. why dont buy those? coz developer lousy la, township not nice la, no G&G la. but still cheap what? Those nice township by very good developers are surely not cheap. you cant pay perodua price for a lamborghini, right? People should just stop complaining. Wanna buy lamborghini but dont want to pay for it? Hmmmm
*
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
*
Almost every township in KV all these type of affordable houses can also be spotted.

Perhaps they think those are not for human to live one, those who are living there are not humans LOL ..
Dream Lamborghini okay, want Lamborghini don't dream and sitting still if one hasn't been there yet, proton can't drive?

Is Malaysia "middle-income" group waiting for gomen bailout (not poverty group), ashame?

My 0.00002 cents.

This post has been edited by ecin: Sep 27 2012, 11:26 PM
ecin
post Sep 27 2012, 11:28 PM

location
*******
Senior Member
5,857 posts

Joined: Dec 2010
QUOTE(Helius @ Sep 27 2012, 11:24 PM)
If tomoro budget still not much increase RPTG, mean propert price will come
Another wave......

Most likely will break 900psf for new launched condo...
*
Whatever, nobody should be worrying, affordable sub-sales houses are still everywhere.

This post has been edited by ecin: Sep 27 2012, 11:29 PM
ecin
post Sep 28 2012, 10:14 AM

location
*******
Senior Member
5,857 posts

Joined: Dec 2010
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??

Everybody say expensive because no have no money to buy or just envy me?
*
envy envy biggrin.gif

Added on
QUOTE(ryder_78 @ Sep 28 2012, 09:52 AM)
Misterleaf, property gain tax is a pertinent point that most of us have known. The increase in RPGT will definitely help curb speculation of properties. As a matter of fact, current speculators who have bought quite a few units may not be able to sell off the properties too easily with some conditions imposed by the government, which will be revealed shortly in a few more hours.

Just 2 weeks ago, received news from a dad's friend that a house in Bandar Puteri Klang was reduced from RM450k to RM360k for a quick sale. Some have been desperate to unload units before the upcoming budget announcement as the fear of not being able to secure a sale is high.

Think the market will stabilise a bit with this budget announcement with less speculators and foreign investors driving up property prices.
*
Like what you shared, since gomen already done enough to curb speculation and price already drop (asking price? by the way), so should gomen kick in exemption order to cancel RPGT, right? Or else, the already cheap housing price in Malaysia will become even cheaper.

This post has been edited by ecin: Sep 28 2012, 10:15 AM
ecin
post Sep 28 2012, 11:30 AM

location
*******
Senior Member
5,857 posts

Joined: Dec 2010
Go sub-sales lal, plenty, what's wrong ..

For new ones, does that mean for those who bought in Rawang (and elsewhere) and settled down there since years ago, are they stupid? doh.gif
ecin
post Sep 28 2012, 11:52 AM

location
*******
Senior Member
5,857 posts

Joined: Dec 2010
QUOTE(theedi @ Sep 28 2012, 11:49 AM)
Malaysia property price is quite affordable already. Truely expensive property price is at places like hong kong, shanghai & etc where
even high income professionals struggling to buy a good property.

Like everything, there must be a balance. Too much control and you destroy the market and the economy will be seriously affected.
All these taxes, stamping fees increment & ect are not effective solution. At the end these money will goes to government
and the cost will be shift back to the buyers.

Seriously, learn to adapt to the market instead of crying for market to adapt to you.
Be more productive and earn more money to catch up. Every time want to ask for handicap so forever become a weak sauce.
*
+10
dampen MY economic
ecin
post Sep 28 2012, 01:49 PM

location
*******
Senior Member
5,857 posts

Joined: Dec 2010
QUOTE(ecin @ Sep 27 2012, 11:24 PM)
Almost every township in KV all these type of affordable houses can also be spotted.

Perhaps they think those are not for human to live one, those who are living there are not humans LOL ..
Dream Lamborghini okay, want Lamborghini don't dream and sitting still if one hasn't been there yet, proton can't drive?

Is Malaysia "middle-income" group waiting for gomen bailout (not poverty group), ashame?

My 0.00002 cents.
*
ecin
post Sep 28 2012, 08:32 PM

location
*******
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.
ecin
post Oct 11 2012, 02:54 PM

location
*******
Senior Member
5,857 posts

Joined: Dec 2010
QUOTE(MisterLeaf @ Oct 11 2012, 02:47 PM)
If Malaysia's house is cheap, how come government launch Prima or other affordable house project?

There are 2 type if ppl who said it is cheap.

Type 1: Own a house, maybe more than 2-3, then keep saying the house is cheap and hope to sell more expensive or rent more expensive.

Type 2: Not staying or working in Klang Valley.

Don't think we really hope the price drop until the 90s price, it is impossible. We just want reasonable price, is it wrong?

If you really do a good study, you will find out that the house price hike a lot since 2007/2008. The Previous 5 years before that is OK and acceptable.
*
But a lot of them didn't want to buy back then (it wasn't reasonable back then) ...... innocent.gif
ecin
post Oct 11 2012, 03:19 PM

location
*******
Senior Member
5,857 posts

Joined: Dec 2010
QUOTE(peri peri @ Oct 11 2012, 03:02 PM)
Bro, during 90's the home interest is like 9 to 10% that time. Even during year 1999 hit more than 11%. Hush hush to get a loan repayment although house price might be cheap. Quite pathetic too during that time.
*
Yeah! Betul, Betul, Betul!
Guys, looking forward!
ecin
post Oct 26 2012, 06:40 PM

location
*******
Senior Member
5,857 posts

Joined: Dec 2010
QUOTE(MisterLeaf @ Oct 26 2012, 09:54 AM)
If you can read chinese, read this news.
http://www.orientaldaily.com.my/index.php?...20:9&Itemid=203

Malaysia real estate speculation TOP 9 in the world.

https://fbcdn-sphotos-c-a.akamaihd.net/hpho...174557400_n.jpg

The data tell the truth. Not from own opinion like talk in coffee shop.
*
TOP 9, Asia is booming. It also mentioned that MY is the number 5 in Asia, after Hong Kong, China, Singapore, and Philippine .. reasonable la.
ecin
post Oct 26 2012, 10:06 PM

location
*******
Senior Member
5,857 posts

Joined: Dec 2010
QUOTE(HouseHunter @ Oct 26 2012, 07:38 PM)
I think better our government follow SG govn, all properties under govn so the price under control. thumbup.gif
*
What do you mean by "all properties under govn so the price under control"? Gomen flats yes.
ecin
post Oct 26 2012, 10:57 PM

location
*******
Senior Member
5,857 posts

Joined: Dec 2010
QUOTE(HouseHunter @ Oct 26 2012, 10:48 PM)
Implement SG Govn property policy
*
Meaning that SG price is now very cheap? or should push MY property price go on-par with SG?
Like what?

This post has been edited by ecin: Oct 26 2012, 10:59 PM

 

Change to:
| Lo-Fi Version
0.0191sec    1.18    7 queries    GZIP Disabled
Time is now: 2nd December 2025 - 04:26 PM