wah! after V5 also bubble not yet burst.

guess it's all a dream and still a dream for those who are waiting for it to burst.

Am curious.
Can somebody please share hk and singapore curbing measures currently in place?
In malaysia, i only know of ltv 70% for 3rd prop onwards. Cap 30 yrs loan. Check on dsr based on net income. Etc.

Anybody care to share measures in those 2 countries?
From what i understand, these 2 countries were engineered to 'force' prop prices to come down or at least stagnant it.
So i think they have actually achieve their goals in mind.
And was it really 20% across the board generally or was it a selected data to a location specific kinda event?

I think there is no point to look into Sg and HK property market since their market is different to ours. Let's look at our market and what can be done to curb the rising prices. Glad that you ask me to be Ah Jib. I will definitely do a better job than him in curbing property prices 

I have previously commented on this. Let's do it again. If I were to devise measures to curb rising prices, I will :

1. Help 1st time home owner to own a house
2. Set higher bar for investor to invest in real property

To achieve that, for #1, I will :

a. reintroduce DIBS, zero entry for 1st time home buyer
b. free stamp duty for 1st house on S&P and loan agreement
c. friendly bank loan terms mandatory for banks to approve loans to 1st home buyer. Eg. friendly interest of BLR - 3%, free loan agreement fees, express approval
d. Tax incentive for company who provide loans to their staff who buy 1st home
e. developer give 10% discount to 1st home buyer (just like bumi discount)
f. pre-launch sale for 1st home buyer to choose the best units (ie all units open for them, no director and staff reserved units)
g. 30% reserve for 1st home buyer. Only if there is unsold units for 1 year, the units is open to non-1st home buyer (just like bumi reserve unit)

For #2, I will

a. LTV for 2nd loan is 50%, 3rd loan 30%, 4th loan onwards is 0% (ie if you need loan to buy your 2nd property onward, you cannot afford to invest)
b. stamp duty for 2nd house revised upward
c. developer who still utilising loopholes to give DIBS, zero entry to investor buying 2nd house onward, their license will be suspended and a government agency like IMDB to take over the whole project. Or a hefty fine like 10% of their GDV is imposed
d. RPGT is 30%, 20%, 15%, and 15% for all the subsequent years for 2nd house onwards 
The spirit of the measures should be to help people to own 1st house.

Bro, let me recap. Our initial discussion is when I ask bearbear the following question :
I am now lost what is your points when you answer to the initial discussion.

Again, my idea is very simple. When economy is good --> people have jobs --> people can pay installment --> people got holding and buying power --> property price will increase

How property prices can come down ?

1. Only when economy down --> unemployment problem --> people cannot pay installment --> force sale --> property price come down

2. Or, when ah jib introduce new measures --> demand reduced --> price come down

My idea simple to understand right ?

Sometime i very pity them because then buy so many and keep without cash in hand. People got cash got more

liquidity. They thought property is like gold...always up up up... then now gold dropped half already...many people got

holding no value gold. This is same to property now.... many people holding no value asset... which mean the bubble

value.. can we laugh at them?? Can we laugh out loud loud??       

Bro ... Be careful .is just mismanagement of poor people. We have too much deficit n easiest way is to increase tariff. But v dangerous act. Don't relate too much n translate it too high prop cost in future. Big mistake.
Cheers

This is not laugh at misfortune. Do you know why they are misfortune? Because they forever never learn and try to 

hear what people say. They deserve it isn't it? People all bbb then u bbb when it is UUU then sure die la...  Who at

first take the risk or burden? Sendiri kan?

seems like everyone expecting the bubble to burst.....

I wonder anyone actually understand how economy works.......hahahh...bubble would only burst when economy crash....if economy crash, wouldn't you risk losing your job? if yes, then would that makes you unemployed, but of course if you cash rich then ok. If you cash rich why bother about bubble, unless you buy cheap sale hold it till economy recovers and sell.

So for average Joes out there, please don't hope for bubble to burst. It is actually very bad for you.

Ceh...say untill debeloper has no profit but keep building hello.. one dude says developer only 13% worr.. 200k out of 500k that is around 40% .. mr accountant clarify

btw developer price justified... flippers lehhh

Yea right want some calculation on the said 13%... like this you want ppl to buy ur show.. come on.. even you are a developer u want to keep building woth 13% margin profit?

you have not answered on the flippers side on infkating the property yet.. juatified? Any cost to bare.. flippers profit 25% upon vp.. why bother being developers with 13%..

In my company's cost plus contract, the plus is only 5%-8%. but contract value is in bil.

used gold bar. 

Sorry lah Uncle ! Those were the day lah not same anymore, property price crash wouldn't result economy crash as now economy is more versatire, they many sector to support the economy, good also economy to reboot every now & then or else can't have new oppotunity, same old bunch controlled the economy, Ur time famous PM Tun M also said property developement doesn't contribute much to the country economy, as mostly employing foreign workers & introduce no new skill than Malaysia do not already mastered.

Uncle time economy depends on few sector only mah, now many many sector, gadget & smartphone/tablet alone also huge market lah ! 

   
RM1 Billion x 10% = RM100Mil (Developer)
RM750K x 30% = RM225K (Flipper)
RM20K x 50% = RM10K (Nasi Lemak seller)
Only the dumb go for 50% profits or basing percentage return to decide wat to do.....
   

Er......can give something related to malaysia arrr ?

Last time sub-prime, DDD show info, bubble bursting...
Euro crisis, DDD show info also, bubble bursting...
Then Iceland, Ireland, Spain, Greece, Italy, Portugal going to bankrupt, DDD show info also, bubble bursting...
Then Gold price fall, DDD show info also, bubble bursting...
Then Japan deflation, DDD show info also, bubble bursting...
Then USA QE tapering, DDD show info also, bubble bursting...
Then now China (still grow by 7%), DDD show info also, bubble bursting...


But malaysia property price still up there ! WTF !

DDD never tired, I read those overseas news also tired liao 

Er......can give something related to malaysia arrr ?

Last time sub-prime, DDD show info, bubble bursting...
Euro crisis, DDD show info also, bubble bursting...
Then Iceland, Ireland, Spain, Greece, Italy, Portugal going to bankrupt, DDD show info also, bubble bursting...
Then Gold price fall, DDD show info also, bubble bursting...
Then Japan deflation, DDD show info also, bubble bursting...
Then USA QE tapering, DDD show info also, bubble bursting...
Then now China (still grow by 7%), DDD show info also, bubble bursting...


But malaysia property price still up there ! WTF !

DDD never tired, I read those overseas news also tired liao 

najib is pumping the economy via loans.
our country's debt is increasing by RM 100bil every year.

so i'm asking you back, how long can he do like that, but u dint answer me, u just say it will go UUU.

A very simple question to yourself.. 5 years down the road.. will you buy ah?or buy new launch?

RM 600sq x 780 sq=  Rm 468k

5 year old service apartment
down payment  required= 46k
legal fees ( loan & s&p) = around 12k
stamp duty ( loan & s&p)= 15k
Others = 3k
2 roomer
Total= 76k cash in hand spend within 4 months for s&p to complete..

why not the buyers think like you...? Buy saville @ future 5 years launches ? Low entry.. and new unit.. new design.. mb better location too..

you have not calculate reno, furniture, etc...easily another 100k...as ufo said, you better rent. Move every 3 months. look for new units. toilet everything new. siok nya

In case you have not forgotten.. there is a question pose to you..

and another fact as well.. subsales dun get 90% finance margin.. normally 80% or lower..

that makes the initial 76k.. to another 46 k assuming 80% so total dp alone 122k..

could you please answer for the benefit of all?