Gst starts kicking in, i can confirm price will go up

Material cost higher--> inflation-->workers demand for higher salary-->boss increase the raw materials price to offset this operation cost (material cost + salary)-->cost of building houses increase-->developer increase the housing price (although it is GST exempt supply).

Already explained by someone in the latest thread. yeah you can buy the sub sale units. i believe their pries won't be shooting up tremendously but as for the newly build or soon to build ones... those are definitely going up.

Unless there is some major recession or the country can't hold on with the debt else it would be tough for the price to go the other way round.. If PKR would have won the outcome would be uncertain.. That's why tycoon, businessman and investor.. they would not prepare a change of government and live in uncertainty.

1,000,000 units over 5 years.
200,000 units per year
545 units to be launched everyday to fulfill quota.
dream on....

With GST, building material will go up.
So property building cost goes up.
And developer charge higher price.
The question is how much more? - 5%-10% more?
The question will then come down to - will customer accept higher price?
Will this 5% drive customers away?
I guess maybe just like the time petrol price went up - people started using motor bike, public transport, car pooling, NGV - but eventually just accept the higher price.

Sui liao... now im planning to move in to cyberjaya and cycle to work liao.. Petrol and toll consumption itself can save about RM700.. better use it for house repayment right? haha

It seems like u guys are looking at Supply side only. Dont forget about the Demand side of the equation.
GST implemented -> lower disposable incomes -> lower ability to purchase properties.
It is a fallacy that increase in prices or material costs will results in higher wages. Most corporates will pass the increase onto consumers (again, decrease in disposable income). Yes, that includes property suppliers who would increase price to maintain their margin. But if the demand is shrinking, eventually the prices will go south.

are we a growing nation or shrinking nation in terms of population?
do some research on the term growth population to understand better.

then do some research in terms of the supply.
the data available for supply, does it include:
1. soho?
2. sohai, soxo, sofo, sovo, etc?

previous supply sizes versus current supply sizes and its capacity to undertake the number of occupants.

we need to learn how to interpret reports and unfortunately many reports lacks key explanations on their databases.

Bullish property market looms!!!
http://www.theedgeproperty.com/mobile/modu...le.php?id=11094

How property price want to come down?