am i in F&F thread..?????

Fast and Furious...the only worthy Car thread in MY!

P.S. It's also in Lowyat forum.

You should understand that people are buying cars to evade tax in business, but you can't do that in property. In business tax, car is a depreciating asset and accounts for business cost spread across 3-5 years. Property is a fixed asset in your balance sheet which does not depreciate, so , not deductible for taxes. In other words, if this year your business makes a lot of money, let's say 1 mil profit, you tax should be around 250K. instead, you might decide to buy a 500K car, spread the cost across 5 years, (100K each year), and you save 25% off the car you purchased. That's a lot of money and perceived value. People will think you own a 500K car but in fact, it just cost 375K and it is out of company expenses. You can't do that with property and the worse part is LHDN might come after you after some time if you property appreciates and you have to record that in account as paper gain which is taxable profit.

Is it realistic to expect future new launches will give prices within my range?

Thanks, but just feel sad.
Becoming the debt slave soon....

I hope unlike purchasing Samsung Smartphones...
now buy S4 price as 2.2k..... weeks later S5 announce....terus jatuh 1.0k
pokai lo

Knowing property price also got up and down.
If price goes down...also about 20-40k....
Just lying to myself la...to convince me

I've asked in the previous pages but have yet to get an answer...

1. Is it realistic to expect new launches for non Pr1ma terrace/linked houses to be in the price range of 500-600k anymore?

...he does not need to die die must "win" a debate.

Selling price not dropping..... But rental rate do drop already.......   

You're right!!!    For a newbie you're even more observant than some who have recently purchased... maybe this site can give more clarity on how monthly installment payments are utilised towards setting off the principal balance.

http://mortgage-x.com/calculators/amortization.htm

You will notice, by entering dummy data in to the calculator that after making 5 years of installments payments which is equivalent to 34%+ of the total loan value, you will still owe the bank 95% of the total original loan value ... (for a 30 year loan) ... This is a very basic mistake that most property buyers tend to overlook and it only hits them in the face when they dive into the details... I'm sure with this you can see what kind of price increment in terms of % you need to sell you property off after 5 years to make some profit... Now you have to ask yourself, at currently property price levels do you think that property prices will increase by more than that break-even percentage? 

Now there is a way to make the above situation more advantageous to yourself... however I'll leave that to the property taikos here to add on...

How may years have you paid installments for?

A little more... you would have settle around 15-16% of your original loan value after 10 years of installment payments on a 35 year loan... the point to bear in mind is after 10 years of installment payments you would have already paid out more than 50% of the original loan value... I guess this is the price of leverage.

  Hope that helps

Wow so perasan u can finish me. Hey it wasnt me who said that, it was other people. Jangan la perasan. I just say other DDDs are ur big suppprters. I mean u quote the agent saying somebody was in a bank working as a cleaner...

See he can do it, others cant. This is not my first time in forums leee, i am just an agent...or a banker...or a cleaner.

our developer could be gone..... some are not competitive enough

the chinese developer are coming.  they can built condo siap half the cost and within 6 months.

forgot to mention............public holiday 2x, got epf, medical, socso and company trip yearly.