What will happen if stamp duty raised to 10% for subsell? Add to selling price?

U can add it in selling price, but remember u can ask for what ever price u like doesn't mean buyers would pay blindly, u may not be the only seller, what if other seller desperate to cash in fast & willing to absorb the extras ?

With so many properties completing soon in next 2 years, it's going to be a buyer market. ..cheer

scary?

not doing research?

other people"s money.

not our concern.

That's bullshit (sorry for the harsh language, but its true).

I know people working in the construction industry and real estate agents very well and the cost is NOT RM350k-400k.

Believe it or not, the cost of building a DSL is actually LOWER (on a inflation-adjusted basis) today than it was 15-20 years ago.

This is because of:

1. Advancement in technologies and more efficient planning / project management nowadays, and more importantly
2. REPLACEMENT OF HIGH-QUALITY GOODS WITH CHEAP ASS CRAP BY ALMOST ALL DEVELOPERS

While there are indeed some very rare developers (harder to find than a virgin whore) who actually build a high-quality DSL which costs RM350-400k due to good materials, in the majority you will find:

a) Cheap ass low quality precast (even worse than previous pre-fab) construction
b) High-quality lasting baked "orange" bricks replaced with lousy cement blocks
c) Previous weatherproof hand painting of several coats replaced with just two coats (or in the case of one well-known so-called "high end" developer, high end my ass, one SINGLE coat) sprayed with a paint gun.
d) Oven-baked roofing tiles (long-lasting again) replaced with cheap-ass polycarbonate plastic mixed roofing
e) Lousy flooring

So on and so forth.

Just ask yourself, ever seen houses, premium ones I mean not low-cost or PPR type, built 15-20 years ago CRACK after only few months (sometimes even before VP lol)?

Developer laugh all the way to the bank, buyers cry.

Maxis recently announced 500 job cut from their 3300 workforce,  Thailand report economy growth slow down to 2.7%, China having slowest economy growth of 7.5%, Indonesia economy expect slow down in 2014 BI up to 7.5%, Hong Kong economy slow down to 2.9%, South Korea economy slowest at 1.6% in 3 years, Japan economy Q3 economy merely growth 0.5%.

U should read beyond local feel good media..lol

But there is a mismatch in terms of median wages and the prices of property at the moment.

1993 fresh graduate salary starting RM 1500-1800, twenty years later 2013 fresh graduate salary RM 2200 -2500.

20 years approx 33% increase 1.65%/year
By now if u can't understand why gov only take stringent move to curb property speculation beginning 2014, & think developer had no ideas on the policy before announcement,  why less project compare to 2009-2012, why big developer never make noise on these new policy, then I donno what to says to u..zzz

Who says price never go down ? iproperty or propertyguru ..lol

Many still think property as stand along business which will not affected by other sectors, what if u got retrench ? what if ur business get into trouble ? do the entire property investors/flipper work in developer co. or building materials supply or real estate agency ?

If your business need cash urgently to roll do u rather borrow ah long & still hold tight to the properties ? or rather entire family drink sky juice rather than  dispose off ur properties ?

Sorry to use such "Pasar" language as many simply do not understand as their market knowledge heir from the pasar..lol

When house getting more & more expensive people spending larger & larger portion of their income into paying mortgage loan, so less money spend on travel,  recreation,  food,  entertainment,  education,  insurance & etc,  wouldn't this eventually killed off other business,  thus reduced job opportunities ib these area, so when other sectors contribute less $$ how to finance property sector ?

Why do u think Spain got into what there r today ?

Someone mentioned to me in 2008 petrol prices will soon reach RM 10/ltr base on oil price increase at crazy level back then go, I tell the fellow impossible as no way a normal salesman can afford  to pay like RM 2-3 k just to pump petrol, indeed the oil crisis was proven to be hoax & drop way below USD 50/barrel & still hovering below USD 100 till today.

Most if not all our developed neighbour country is expecting economy slow down next year, how well can we survive ?

Apologies for endangering ur little bet...lol

Finally we have break the 10 years slump cycle...hooray

90% ! Happy Retirement.

How could I not love lyf PT..lol

Don't they use short form back in the 50s & 60's ? Low Yat Forum Property Talk lah.

Generation gap ...lol

Thinking of educating the youngsters suddenly Grand Master appear. .rofl

If you have reinvested your profit back to properties, until liquidation with cash in bank account, it is only a paper profit.

+1 to that!

I'm always fascinated by the people who claim that they can read all the signs in the world, knowing that a property bubble is just around the corner. And I've been hearing about it for years, which makes it all the more laughable. Maybe he/she is going around in a circle, thus, the endless wait for the circle.

Oh well, I've profited quite a tidy sum from property investment in the past few years. Glad that I jumped into the market back then. Interestingly, some of my friends who strongly advised me not to invest back then were personal wealth investment consultants based in Singapore. Education from reputable universities in the States and working with the likes of Merrill Lynch and Black Rock. They advised me that equities were the way to go, as compared to real estate.

Similarly, if one bought gold at $1,400/oz and didn't sell at $1,800/oz. He was perfectly correct to claim he have made $400 profit but until he liquidate, this $400 was only perceived, unrealized and on paper.

Well, I am not entirely optimistic for 2014. I think the property market will really stabilize and we won't see crazy increases in the property prices. Transactions will also come down. But that being said, I don't think we are going to see a 'deflation' and certainly not a bubble bursting. Anything more than a 10% decrease in price is a bubble to me. The US saw prices dip as much as 50% in certain areas.

Lots of people predicted Malaysians property market to crash back in 2010. Can easily google this up.

Is that a bad thing really?

I think there is a genuine demand for props in the market. If the prices deflates a bit, it would encourage more buyers into the market.

Genuine investors with strong holding power should still be buying regardless whether up or down.

Just buy at the fundamentals. I myself bought 2 units this year sub sale at subang because of the location and rental sustainability.

So long as we can sustain it, I treat it as a long time investment that I have no intention to flip.

hm... I don't see much diff between now and earlier this year.
If given a chance to go back to past, would you still purchase what you did?

With newer technology & skill, building a house will never higher.

In the 80s, any developers build 1000 house in a year are consider big lor but look now...