no good... if it went up 6% in a single quarter considering the remaining 3 quarters of the year appreciate approx 5% it would add up to 20% in this case the property sector will definitely escalate further or what the DDD camp always say bubble and eventually burst when the market can no longer take it.

I havent bought it yet. The prop is even a walking distance to existing lrt station. Such prop exists dear. Wait until i buy then i will let u know.

http://news.sinchew.com.my/print/310670

this one interesting

'Transit homes' for newly-married couples: Rahman Dahlan

By Zarina Zakariah | zarinaz@nst.com.my

0 4 Google +0 0 0 comments



KUALA LUMPUR: The government will be setting aside 10 per cent of the total People's Housing Projects (PPR) to be rented out to young and newly-married couples at RM124 per month, said Urban Wellbeing, Housing and Local Government Minister Datuk Abdul Rahman Dahlan.
"The couples have 2 years to stay at what we call as 'transit homes' as a temporary measure to help them before getting a place of their own.

"We find that young couples usually cannot afford to buy a house and they take time to get one. So we hope with this initiative we can help ease their burden."

Abdul Rahman stated the eligibility is for the couples to be 30 years and below with an income between RM2500-3000.

"The project will start in Kuala Lumpur and major cities nationwide first and from then on, we will see how it goes," he said after the winding up speech at the Dewan Rakyat today.
Asked to comment on the Real Property Gains Tax (RPGT), he said that he will be holding talks with Bank Negara to decide on increasing it.
"Right now the RPGT is at 15 per cent but we will monitor with Bank Negara, if they feel it is time to review the decision.
"We are in favour to increase up to 30 per cent if it helps stop the speculation.
"This, however, depends on the market if it really goes hot," said Rahman.


Read more: 'Transit homes' for newly-married couples: Rahman Dahlan - Latest - New Straits Times http://www.nst.com.my/latest/transit-homes...6#ixzz2Z1d20dPu

what about the many launches in and around Bangsar south areas? it seemed that the ppty prices there has risen tremendously too...

same boat here!

Do you think renting house are better than buying nowdays ? you never know what gonna happen to your housing area in future, it might be packed with african, bangladesh or indonesian colony.....if you only rent it you can just move out, sommore you won't have such a burden commitment for 30 years

Just curious... mind sharing the prospects of Iskandar?

Yes and no. Just to share. I have a friend who rents at rm7k for a bungalow with a pool. He is a malaysian btw. If he buys the bungalow, the monthly installment is rm10k. He doesnt bother to buy coz he earns a lot more money elsewhere. I have a 100% different view from him coz i gain profit from prop. People say he is stupid but he earns more money than those people who call him stupid. LOL.

This post has been edited by AMINT: Jul 14 2013, 11:08 PM

i think same analogy with "i have money to burn, you call me stupid to burn money when you have no money to burn at all?"

Drop la...look at the price inflation first..

LOL. Yeah

yalo, the government starts to taking action already.

IMO, 2008 there were china and euro economy which cushion the effect. Our commodity petroleum and palm oil were enjoying historical high prices. And China was still riding high on the expansionary effect on beijing olympics while Euro's economy was red hot. If you are working with US companies during 2008, like Citibank, then you could have felt the effect. Otherwise, we were fortunate that other parts of the world economy saved us

This time if ever china faces crisis, hopefully USA economic recovery will save us

After US was in crisis and still was in a slump, at the same time Euro went into crisis but still Malaysia was not affected.

Yes. China is still growing at 8%+ then. Even that, countries around us mostly experiencing recession in 2011/12. On the other hand, Malaysia still grow by 5% because Ah Jib Kor is spending indiscriminately. Internally supporting our economy. Ah Jib Kor is doing a good job in this instance and we should be thankful to Ah Jib Kor

Apa Cina Mau Lagi ?

Nope Malaysia is also affected...although not critically but the effect is great...the export and the demand for our raw materials were reduced~~and the effect came a bit late as well~~

my chinese suppliers out of a sudden gave discounts on bulk purchase last month as their gov tighten banking loans.

Chinese business has not been well since last year, how would this affect us ?

US slow, UK slow, EU in shit, china slow, japan in shit, while we are invincible ??
think again lo

Right the effet was a bit on the economic side and not huge. Should be more specific, it was no effect on properties in Malaysia.

And Eddy, the headline was Ape lagi Cina Mau and not Apa cina mau lagi...must be specific as Utusan to make the phrase funny. Stupid Utusan, then next thing you know I get fired from my job because condemning Utusan.

Lately i realized most Malaysians are using "Apa lagi cina mau"as a joke sentence regardless of race (dunno how can utusan writes such a thing and gets away with it)..Same like if anything bad happens, everyone goes, " ini semua mesti salah Anwar".

This post has been edited by AMINT: Jul 15 2013, 09:58 AM