For only property prices: http://www.numbeo.com/property-investment/..._by_country.jsp, affordability is still higher than many countries and price to income ratio is better than most countries too.

KL price to income ratio : 9.19
Avg salary: 3900
Avg house price: 360k

The prices are very skewed.

Given many GLC are monopoly and paying dividend to gomen, indirect tax in Malaysia is among the highest.

Higher tax may not generate additional tax but will encourage more counterband.

In other countries, if home to income ratio is over 8.5, is economically unsustainable and price correction is almost certain.

This post has been edited by icemanfx: Jan 14 2014, 11:17 AM

what is glc?

Glc - government-linked company

I can't believe the numbers. Malaysia is ranked 83rd in property price to income index at only 6.71. Look at Singapore and China. No wonder people say they come to malaysia to buy properties. Again, I can't believe the numbers

1 Georgia 40.64
2 Cambodia 35.94
3 Singapore 25.38
4 China 25.00
5 Indonesia 24.76
6 Belarus 24.17
7 Hong Kong 23.65
8 Mauritius 23.38
9 Venezuela 23.23
10 Ghana 22.92
11 Syria 22.90
12 Azerbaijan 20.95
13 Morocco 19.83
14 Nepal 19.79
15 Moldova 18.84
16 Lebanon 18.41
17 Pakistan 18.34
18 Thailand 17.67
19 Serbia 17.40
20 Macedonia 17.25
21 Algeria 17.18
22 Philippines 16.35
23 Ukraine 15.52
24 Iran 15.51
25 Taiwan 15.51
26 Montenegro 15.12
27 Albania 15.04
28 Colombia 14.89
29 Ethiopia 14.47
30 Romania 14.33
31 Vietnam 13.77
32 Lithuania 13.67
33 Brazil 13.33
34 Ecuador 13.33
35 Sri Lanka 13.05
36 Peru 13.04
37 Croatia 13.00
38 Poland 13.00
39 Kazakhstan 12.81
40 Italy 12.59
41 Tunisia 12.22
42 Slovenia 12.10
43 Russia 12.00
44 Nigeria 11.80
45 Bosnia And Herzegovina 11.70
46 Greece 11.56
47 Uruguay 11.54
48 Trinidad And Tobago 11.53
49 South Korea 11.52
50 Egypt 11.16
51 Bangladesh 11.11
52 Dominican Republic 11.04
53 Iraq 10.75
54 Hungary 10.71
55 Czech Republic 10.33
56 Israel 10.32
57 Panama 10.31
58 Argentina 10.23
59 Bulgaria 10.22
60 Latvia 10.00
61 India 9.96
62 Spain 9.45
63 Kenya 9.42
65 Finland 9.38
66 Estonia 9.26
67 Chile 9.25
68 Bolivia 8.77
69 Jordan 8.54
70 Austria 8.46
71 Sweden 8.44
72 France 8.38
73 Australia 8.12
74 Portugal 8.01
75 Slovakia 7.86
76 Malta 7.34
77 Norway 7.15
78 Japan 6.99
79 Denmark 6.97
80 Belgium 6.75
81 United Kingdom 6.73
82 Luxembourg 6.72
83 Malaysia 6.71

even more shocking. USA 2.16

Ya usa tgereafter crash.. dude still on BBB mode.. this must be some sick joke.. when foreigners prop in msia got 1 million bar.. remember eventhough they purchase.. say like 1.2 million.. they are oso investing and target back to malaysian. Dude is trying to say go and BBB all 750k DSL coz later foreigner will come sapu all prop at 1 million above so u earn.. he miss the point foreignerr also investing.. malaysia is not the top ten safest country msia nor like hong kong &singapore.. so at the end foreigner got 1 million prop to target back poor malaysian.. logic bo..

and the cooling measures such

RPGT 30%
1 million bar ( which dude dismiss it as foreigner feel malaysian prop is still dirt cheap compared to their salary miss d point when foreigner flip they targeting msian)
Rrmoval of DIBS

dude think all the measures are friendly to him and other investors such foreigner.. thus concluded u guys to absord alk prop in market ranging from 600k to below 1 million by all means as foreigner is targeting to buy all msian prop above 1 million.. such as singaporeans and china..

Dude must be "ill informed and mistakenly believe malaysian prop still vibrant".. poor flipper dude

the property price in penang seems to be going up and i don't see it coming down also...

Then dun wait liao.. buy more iskandar johor I intro you.. or u want penang area batu ferringgi there luxurious one a lot lehh.. or DSL batu maung.. 900k near 2nd new penang bridge.. island lehh..

I would not put too much trust in these numbers and definitely don't draw any conclusions from them.

Just look at the column showing Mortgage as a percentage of income...

Based on 2012 IMF figure, Malaysia GDP/capita is US$17k. At forex 3.25, average income is RM55k. Therefore average house price is 6.7 times RM55k = RM370k. Is this average house price reasonable in Malaysia ? If it is reasonable, then the house price in Malaysia is not that expensive compare to other country.

Let's say we increase the average house price to RM600k (more like it for KV). The index increases to 10.86. It will still rank 53th in the world. Still very very low compare to world standard

Figures can't lie. I am DDD. And I am disappointed

When there is an opportunity to buy really low and sell lower than market prices in a short time, this is flipping right? Why not?

Does not matter long or short term. Investors must know 101 ways to manage the investment.

Singaporeans have been doing it for years. Cheap cheap cheap like birds chripping.

To economic student, world ranking is immaterial, and home to income ratio is a tested and proven guage.

Only those didn't experience CLOB will invest.

It is not about ranking, it is about numbers. We in malaysia is paying just 10 times our annual salary to get a house. There are 52 other countries who have to pay more than us to get a house. Man that is discouraging

This post has been edited by Showtime747: Jan 14 2014, 01:44 PM

Malaysia GDP 17K usd .... wakakaka

Our gov announced our GDP merely 10-11K USD & hopping to achieve 15K usd by 2018-2020 to become "developed nation" ..

So this figure is proven nothing but a hoax...lol

http://data.worldbank.org/indicator/NY.GDP.PCAP.CD

http://en.wikipedia.org/wiki/List_of_count...P%29_per_capita

Malaysia rank No 59

GDP (PPP) per capita is not the same as GDP (nominal) per capita