This thread been closed, reopen, thn close again. Same cycle again after awhile. Wft. By the way, who really think whatever discussed here will influence the market?

We know that GST has impact on property price.
Imho, GST will not be implemented in Malaysia before next election due to political reason.

Here are some points need to consider:-

1). Assume GST implementation is announced in Year 2014 Budget (25/10/2013, budget day).
2). Debating, 2nd and 3rd reading, pass the bill...it will be finalised in March 2014.
3). From the Custom webside, it needs 18 months to 24 months to implement after passing the bill
4). Take 18 months preparation and education to the public, it will be around Oct Year 2015. Therefore, the probable date to implement is 1/1/2016
5). 1/1/2016 is too close to Year 2018(election year), so the gov't may discard the implementation of GST b/4 next election.

This post has been edited by Denis: Jul 27 2013, 08:38 AM

Just the beginning of Q3 and we witness one of the strongest BBB for fennel project.
From remix thread, it seems remix 2 also super BBB.
What is BNM gonna do next?

The topic reopened..then i saw a few new posts then i went in again and some disappeared already...did I imagine that?

Anyway i had a meeting in my bank 2 days ago. They highlighted the household debt is 80% of gdp...well we need to watch out, but dunt believe should not concern us dat much...yet.

In the meantime, if dont have a house buy one.
No need to think about it. Let say interest rate increase, would only then we want to buy? Doenst make sense. Only if dont hav one u buy

for investment..maybe should think twice.

It wont influence the market but if one was an avid forumer, it will influence the buy and sell beahviour of that particular forum visitor. I know. Not me laa, a fren i know. However that doesnt mean that it is not good.

hi guys, need your advice. the apartment i stay already 20 years but we still have not gotten our strata title. land office said that this developer still not yet given them master title. what should i do to deal with this issue? the developer said by this year but already 20 years. doesn't make sense right? just worry, this developer use the geran to pinjam money and went bankrupt.

Now you see, now you dont!

That's a very interesting statement (Bold sentence)... Let me ask u a question, how long is the usual housing loan take up by most people? 20 - 35 years? Maybe for the next year or so, the interest might stay low but how if it increases just by a 1- 2% n stays tat high for the remaining years.. I guess the damage for the next coming years will be much higher.. So suggesting buying property based on current interest rate might nt be such a gud idea... However for own stay it shouldn't b an issue if u buy within ur capacity now... if u stretch too much, even for own stay might end up in deep shit..

Factor in the increase salary that we should be expecting as the years gone by, increase interest rate should not be an issue, factor in the potential combine income with your spouse when you get married too if you are single. How mane basis points will BNM increase? If they want to increase, might be just another 25bps. It should be alright for everybody in my opinion. Can,t be increased 1% or 2%. Cant believe the FED will be doing that. That will be suicidal for US. That was why Bernanke took back his statement last time, but the damage was done, long term yield increased. But as I said, expect that your income should increase in d future. Do we expect in 10 yrs our income should be the same as what u are getting now? Me myself expect that it should be increasing next year. And if i am married, if there is trouble, which i dont think so, my wife can chip in a bit.

Same issue with my parents' property many many years ago where one developer (hint: man owns a football club in a premier league) never released the master and strata titles instead use them as collateral for his own financing. All the owners banded together and took unified legal action. Although successful, it was a long drawn process.

I am assuming it is the Amaya Condo in Saujana.

What was the asking price of Amaya then at 2010?

What is the asking price of the same unit in 2013, assuming that there is one?

Thanks in advance for sharing info.

i see, so bad they all. i think i gotta voice this up to the rest of owner to let them know and join effort to do something about it.

No it is amaya maluri in taman maluri

If 719 sq ft last time cheapest 300k. Now its 500k.

This post has been edited by AmayaBumibuyer: Jul 28 2013, 03:15 PM

I like ur take on the matter... But wat I am more worried about is "Wat happen in 2008"... All this while I am attached to big MNC's, wic r making hell a lot of money, but back in 2008 everyone was having the same thought as you increase salary that we should be expecting as the years gone by but ended up, 2008 no bonus and no increment .. then the worse was in 2009, salary cut, and many job was slashed especially those earning close to 5 figures ... Many of them had to find job with low salary which basically means they went backwards n lost all the increments wic they worked their ass off for, couple of years worth of increment ... n things continued up to 2011.. Only 2012 we got back the increments but again nt great and 2013 is a gud year.. The lesson here, dun take everything for granted n assume things gone be fine..

Most of us when we take loans, we assume everything gone be fine n work as usual so we tend to over leverage and when things go the other way round, we might end up at the wrong end... I am nt married so im nt sure on the wifey thing but most of my friends, their spouse own separate property... so it really depends on the situation I guess...

This post has been edited by all blacks: Jul 28 2013, 03:31 PM

Are u saying 2008 or 1998?
Because to tell you d truth, 2008 was good for me. Good bonus and increment as well. I dont believe 2008 had any effect in Malaysia..well in banks. I dunno about other industry.

If it is 1998, might be a different story but for 1998 to happen again is actually quite remote. The banks is fully prepared nowadays for it not to happen again.

This post has been edited by AmayaBumibuyer: Jul 28 2013, 06:06 PM

Im talking bout 2008 bro... Im from IT/Consulting background n would say most of the US based multinational companies suffered badly which indirectly hit UK companies too as business was quite bad since most of the revenue was flowing from US region.. Tats including semiconductor field as well as my frens were working in that industry.. I am assuming u r attached to a local bank? or even if an international bank I guess ur KPI would be based on ur regional or maybe only Malaysia performance? if tats the case u wouldn't have felt it.. Thanks to our weak RM, even though we were doing quite well here but the revenue was too small n even that went to 0 when local based MNC companies started to feel the impact..

This post has been edited by all blacks: Jul 28 2013, 09:49 PM

Yeah if u r based in us and uk, then it will affect u. But u know, a malaysian from citibank in usa managed to get a job in our bank. Yeah, malaysian banks need prioritising hiring malaysians. BNM requirement. In that sense, malaysian working abroad were kind of lucky during that time. usa banks were downsizing but malaysia were more than happy to accept them.
Yeah generally local banks in malaysia wasnt affected.

This post has been edited by AmayaBumibuyer: Jul 28 2013, 11:26 PM

let's said Malaysia property price really do drop (eg. 10% or more), normally how it takes how many year to pick up back ?? Based on statistics ?

When is out previous property slow down/ crash the most recent one? It take how long to raise back ?

Moon yuen,

Malaysia property never drop b4 one ...

And therefore will never, ever fall.