Have to be smart enough to choose which property to buy.

To me, the acquisition on properties will be affected with further tightening of credit. Most of the Malaysian will only buy property with credit provided. Very rare of people buy with cash even though they are cash rich.

Buying demand is still strong, just to see how willing the banks lending money to those buyers.

to make it clear, there is not enough supply of "quality" + "affordable" homes. because high cost of land price does not allow the developers build them unless they are allowed to build smaller size with very high density plus minimal facilities.

This post has been edited by kh8668: Jul 7 2013, 12:40 AM

hahaha...some maybe real homebuyers but after completion of their units, they become investors or some become flippers when the offered prices are too attractive!

So bad? Your mk unit is which condo? My friends are looking for cheap deal in mk and I told them where got to find. Maybe you are willing to let go at below valuation price?

Ok pm me the detail pls

Anything you wanna tell me?

I do man
Haha I am serious if he willing let go his mk unit lower 20% than valuation price. Of course I need to check up which condo and which unit.

I know man.

Ref No : 07/13/05 Embargo : Not for publication or broadcast before 18 00 hours on Thursday 11 July 2013 Monetary Policy Statement
At the Monetary Policy Committee (MPC) meeting today, Bank Negara Malaysia decided to maintain the Overnight Policy Rate (OPR) at 3.00 percent.

The global economy continues to experience slow growth. In the advanced economies, growth has remained weak. While domestic demand in the emerging economies remains an important source of growth, the prolonged weakness in the external environment has begun to affect domestic economic activity in these economies. Although global monetary conditions remain highly accommodative, financial market volatility has increased substantially in the recent period as markets reassessed the direction of policy.

For the Malaysian economy, domestic demand has continued to support growth amid the continued moderation in external demand. The sustained weakness in the external sector may, however, affect the overall growth momentum. Going forward, private consumption is expected to remain steady underpinned by income growth and stable labour market conditions. Capital spending in the domestic-oriented industries and the ongoing implementation of infrastructure projects will also support investment activity.

Inflation remained low at 1.6% in the first five months of the year. While inflation is expected to rise in the second half of the year due to domestic supply and cost factors, it is projected to remain modest. Pressures from global commodity prices are also likely to be contained given the moderate global growth prospects.

The MPC considers the current stance of monetary policy to be appropriate given the outlook for inflation and growth. In addition to domestic conditions, the MPC will continue to carefully assess the global economic and financial developments and their implications on the overall outlook for inflation and growth of the Malaysian economy.

Bank Negara Malaysia
11 July 2013

產業熱潮‧回流雪隆

bank loan interest very low for its staffs

i noticed the prices are up again all this due to the inflation.

i believe many had asked for the same question in 2008-2012

let's see how the market will perform

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

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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

still got a lot of new launches and of course with high price even after rebate/discount

That's why a lot of sifus advise youngster buying house as earlier as they can.

Wahhabi you guys still argue buy or not buy ;$