Don't use the word fool. Mind your own stupidness before you call people fool.

We do not have that many people, unless you think 80% population of Malaysia population move into KV.

Malaysia population growth rate only 2 8% Chinese growth rate ever smaller at 1.8% 

Don't forget Singapore import rich foreigner we import poor foreigner.

Unless Malaysia population surge to 80 millions over 20 years time then we might have land insufficient problem like Singapore, do you think that possible ??

I have seen so many Condo VP for a year but only see 30% light on at night.

Most Singaporean r middle income group,  Most Malaysian r consider low income group,  Our Gini is quite bad meaning wealth distribution is very imbalance.

Don't listen to Developers rubbish statement, this is the same rubbish oil baron says earth no more oil in 2008 & oil price jump to USD 148/barrel later only know actually oil been kept in oil tanker park in the middle of ocean,  5 years later today oil still hovering below USD 100 which only worth 50% of it value. .lol

Aiyoon want to compare to sgpre again. We touch this over and over and over and over...

Malaysia to sgpre of course we have very cheap properties..example gievn bukit beruntong bubble bust there..example i gave before, sg petani got 110k house, so whats the problem?? Haih..

Compare la kl with sgpre. Sgpre land scarce, u think prime land in kl so big meh? Sgpre all leasehold. Kl land got freehold u DDD know that or not? Conclusion we are cheaper, dont care about salary, dont care about excahnge rate, dont care about public transport. Very obvious land in malaysia are very affordable. I am talking about Malaysia Malaysia. And KL FREEHOLD land is very cheap compared to sgpre. So what does that mean? That is why there were sgporeans trying to buy Amaya.

BNM needs to raise rate if
1. RM outflow is severe, resulted RM depreciating fast.
As fast depreciating currency could de-stabilise the economy, due to confidence.
Also it depleted the purchasing power if population across.
Why you want economy growth? is to increase your puchasing power. So a fast depreciating currency is not an interest for BNM or any country.

A outflow money will cause foreign currency reserves depleting.
So watch out the figure of foreign currency reserves, current account surplus/deficit, trade deficit/surplus.
As long as those figures are not in significant deficit situation, it is still orderly.

2. Strong economy aka demand is strong, that could lead to inflation (inflation also a depleting purchasing power factor). High demand is pull factor, aka more demand>supply lead to price hike.
So raising rate could dampen the demand, which eventually slow down the inflation.
But currently, inflation situation is more a push factor, aka cost rising, little to do with demand factor.
That's why until now BNM is reluctantly to raise rate, because raising rate won't able to cure the push factor inflation.

Most emerging countries currencies are dropping across against USD, RM is not alone, due to QE tapering.

Economy or currency level is about balance act in between, too strong, too weak are neither good for a country.

Whats the price of d apartment now?

actually whta is the opposite of accountant?

According to our fellow elite lyl members here.

1.) 20% of staff earning high income.
2.) 20% staff children education fund r sponsored by company RM 100K international school.
3.) Minimum salary RM 7K/mth for all staff (i wonder tea lady, dispatch boy,  security guard included ? ) 13 months salary.

Ripley believe it or not lah ..lol

Just calculate the amount of people qualified to pay income tax then we can see how big the secondary market.

I heard MNC quite cruel when it comes to retrenchment. . wait for dead chicken. .