Thats why I said dont compare with me. maybe i was lucky coz also naik pangkat laju than the normal standard. but if u check the general gen-y, they are not doing good, bro. 1st house also kenot afford even though at 28 to 30 years old.

u can say they are lazy, they complain too much, they dont work hard enough but the fact that the majority of them are facing this issue. takkan semua teruk2 kot.

before we go to that question, how can we compare ourselves to other countries?  how do you gauge? just by average age of purchasers? or must it be tied to other bigger issues?

   

Feeling hungry...

You do know pr1ma is just another marketing gimmick for low cost flats, right?
We already have low cost flats/housing. Problem is nobody wants them. So the gov put a spin on it and call it pr1ma.

At 28 & 30, assuming they started work at 20-21. If they are graduates and have been working for 8-10 years, rightfully they should have been able to save the 10% for a modest home.

So, the fact is, people need to buy within their means. But they expect the value of things to match their income instead. So, if they have slow growth in their income, then goods and services should also not grow? That's complete BS. There are always home that will match their income, but they do not want it because they either think it's too small, too far, too ugly, not in posh neighbourhood and all sorts of excuse. I remember in another thread someone posted an old house in Bandar Tun Razak going for less than RM200k not too many months ago. Now, tell me if that is unaffordable. Heck if they want to complain, I have a Low Cost Flat about 720 sqft going for RM110k if they want in Puchong. I'll sell it to them. Cyberjaya pigeon hole 700 sqft going for RM400-500k. So? If it's a home people are looking for, do they want it?

It is now about expectations. I bought a 1400 sgft condo for RM260k in 2005 when I was 31. Now you can't find one like that for sure. So, with the same budget or around 300k, opt for something smaller and maybe slightly further away. There is no price to suit everyone. But there are multiple price ranges to suit diff people with different earning capacity.

I only managed to buy my own home at the age of 32, mind you. That's why some people said, we have to work hard, be stingy and save to buy a home. We did not have it easy as you claim. Now graduates come out only, want smartphone, want nice car and etc. If you must know, they are born into an era of privileges as well where the previous generation has provided a roof over their head, provided for their education, provided for their current needs in a bustling environment where good food and entertainment are everywhere. Back in my 20's, I didn't know what fine dining was except at hotels. But now, all these teenagers are eating in them and they are everywhere. When I was in college 1992/94, I had 2 jobs; weekdays night till midnight after classes and Sat/Sun full day. When I started working full time, I still maintain my week nights job and the Sunday job. 3 jobs. Now Gen Y, tak suka only, quit. Look for job, ask for 4-6k even with only 1-2 years experience. Yes, not all of them, but many of them.

So, stop whining puuhleaseeee .. there are many others who had it even tougher than me.

I think nothing will be done to cool the market. They tell u to buy pr1ma. And stop complaining.