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 Is the bubble finally bursting? 2014, V2

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b00n
post Jan 28 2014, 03:01 PM

delusional
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doh.gif
Ultimately it always ends with egoism displayed by both side of the camp. eg. my d*ck is bigger than yours comparison. Yet many whom self professed "logical", "sensible", "smart", "knowledgeable" constantly ask why such topic is always closed accusing the moderator as being biased.

Seriously wondering whether keyboard warriors do really feel ashamed?!

Anyway, whether bubble will burst or not; or whether there are bubbles, no one is certain. Even economist are in 2 camps. So whom are we to say yes or no?!.... Oh I forgot, many claimed to be this and that, expert this expert that, experience this experience that. My bad!

My 2cents and take it as final warning which risk closure of such topic again.

Lay your points and debates with points. If got source, point sources.
There is not need to reply every posts with sarcasm or just to retort.
Once points are laid, everyone can judge for themselves.
There is no need to "dictate" which camp one should be in. Again, comes back to my initial point, everyone can make their own judgement!

So if this topic goes off with everyone showing how big their "d*ck" is once again, say good bye to this topic!

This post has been edited by b00n: Jan 28 2014, 03:02 PM
b00n
post Jan 30 2014, 05:35 PM

delusional
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QUOTE(Rabel @ Jan 30 2014, 05:24 PM)
Spore government implement 15% stamp duty charges to foreigner. Good policy to control housing price.

Malaysia government adakah? foreigner only allowed to purchase 1 mil n above property. Alamak. doh.gif
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Foreigner RPGT for the 1st 5 years = 30%. 6th year onwards = 5%. Foreigner can only sell to foreigner.
b00n
post Jan 30 2014, 06:12 PM

delusional
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QUOTE(Rabel @ Jan 30 2014, 05:49 PM)
rclxms.gif  rclxms.gif , 3 yrs construction, 2 collect rental then 6th yr sell. Pay 5% tax. Who rent? Malaysian.
Foreigner buy property in spore pay 15% duty stamp. Foreigner reconsider wat to buy or not. Dun buy then rent a house in spore. Rent from who? Sporean.
U c the diff between tis two governments policy?. tongue.gif  tongue.gif
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If you are not a long term foreigner staying in Malaysia, will you buy property if you have problem disposing it later? I.e. Foreigner can only sell the property to another foreigner.

But nonetheless this is Malaysia. So probably they will gamble with Malaysia government relaxing such criteria in the future.
b00n
post Jan 30 2014, 06:36 PM

delusional
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QUOTE(tikaram @ Jan 30 2014, 06:09 PM)
Foreigner can only sell to foreigner rules start when?
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I thought I remember seeing it in the budget. But can't seem to locate that piece now.
My bad if I am wrong.
b00n
post Jan 30 2014, 09:26 PM

delusional
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hhmmm.... That's why I remember seeing such article. Anyway it is state ruling, Johor. But whether implemented already or not is still questionable.

Anyway the gist is Johor wants to restrict foreigners from competing and buying in the secondary market. Therefore they can only purchase from new development which again is subject to quotas. Or in the secondary market, purchase from another foreigner.

The article from The Star: http://www.thestar.com.my/Business/Busines...roperties.aspx/
b00n
post Jan 30 2014, 10:03 PM

delusional
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QUOTE(AmayaBumibuyer @ Jan 30 2014, 09:43 PM)
I think locals can still buy from foreigners but foreigners can only buy from foreigners. That would make sense.
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Yupe that is correct. My bad for the earlier misleading post.

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