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

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theedi
post Sep 28 2012, 11:49 AM

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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.
theedi
post Sep 28 2012, 07:13 PM

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QUOTE(MisterLeaf @ Sep 28 2012, 01:15 PM)
Do you think poor people cos of lazy?
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.
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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.
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!

theedi
post Sep 28 2012, 09:54 PM

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QUOTE(dRwh0 @ Sep 28 2012, 08:00 PM)
Being humble doesn't mean u r weak man..correct me if im wrong..
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I think being humble means not bragging about how good you are, being humble does not means you see yourself cannot
compete 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.

 

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