So 2 possibilities:
1. Bbw cant afford to buy house and no moni to spend on wedding
2. Bbw delaying buying house becoz dun wan to marry his gf
As i said b4, talking to bbw makes me feel like a genius.

I m stunned by bbw's answer. Oh gossh... fr which u he graduated?

This post has been edited by CloudAtla$: Sep 15 2014, 09:47 AM

Ppl rushin to buy b4 gst. U rushin to buy after gst.

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How GST Will Impact Home Prices & The Property Market

With the coming implementation of Goods & Service Tax (GST) in April 2015, many Malaysians are concerned with what this bodes for prices in general. It is inevitable that home prices will also be affected. In this article, we explain how home and property prices will be affected moving forward.

To properly appreciate how GST will affect home prices, it is necessary to first understand how GST works. (Click here for a detailed but simple-to-understand explanation of how GST in Malaysia works).

Aside from GST, one must also have an understanding of the Sales Tax, which is the existing tax scheme affecting the property sector. GST will supplant the Sales Tax come April 2015.

Tax Scheme on Residential Property – The Similarities

In comparing both tax schemes, we have to first identify their similarities.

One similarity between GST and the existing Sales Tax scheme is that no taxes are charged or will be charged to the consumer on the purchase of a home / residential property. For GST, residential properties fall under the “Exempt Rated” basket of goods. (But do take note that GST will be charged to the consumer for commercial property purchases as commercial properties are “Standard Rated”).

However, during the creation of the final product (also known as the input stage in tax parlance), under both tax schemes, developers would incur taxes during procurement of their inputs and materials. And this is where the differences start to become apparent between both tax schemes. The tax rate for inputs and materials vary between GST and Sales Tax.

Sales Tax VS GST for Residential Properties – The Differences

Based on the Sales Tax Act of 1972, basic building materials such as bricks, cement and floor tiles fall inside First Schedule Goods, in which all the goods in this category will not be subjected to sales tax. Meanwhile, other building materials fall inside Second Schedule Goods, in which all the goods in this category will only be charged sales tax of 5%.

Under the new GST implementation, all building materials and services (E.g. Contractors, engineers) will be subject to GST with a standard rate of 6%. This will invariably raise the production cost for developers.

If you understand how GST works, you will notice that in most cases, the additional tax cost is simply passed on to the final consumer (Standard-Rated goods), or is claimed back from the government (Zero-Rated goods). But in this case (Exempt-Rated), the additional tax cost is borne by the party before the final consumer – The developer.
The developer does not have a next “victim” in the supply chain.

This seems like good news for home buyers as they do not have to pay GST when purchasing a home. However, one should not be too happy about this. It is no stretch of the imagination to think that developers would try to build in the additional tax costs into the final sale price implicitly.

Before & After GST – A Comparison

The tables below show a comparison between the cost of a new property before and after GST. Certain taxes and costs leading up to the sale to the final consumer have been simplified for this purpose.
Also, an assumption is made that developers are able to transfer 100% of all incurred tax costs over to the consumer via the sale price.

The example above shows a price increase of 3.41% for new residential properties post-GST implementation. But there is a plus point to this.

Overall, new residential properties may register a lower overall increase in tax burden compared to Commercial Properties that are Standard-Rated. This is because there still is the chance that developers may only transfer some and not all of their tax cost increases into the final retail price.

The downside to this is that where pricing for new commercial properties will be cleaner (Sales Price + GST), pricing for new residential homes would look inflated. This, in turn, will undoubtedly have a knock on effect on prices in the secondary house market.

Conclusion

As a home buyer, it pays to know what the implementation of GST might bode for home prices moving forward. If you skipped the entire article, here are all the key insights in a nutshell:

With GST, there should be a once-off increase in property prices across the boardWhile developers may not bill home buyers for GST, they could transfer the costs implicitly via the sale priceThe overall price increase for new residential properties could be marginally lower than that for new commercial propertiesThe secondary home market should see a knock on effect in prices

Armed with this knowledge, you can make a better decision on when to purchase your home.

- See more at: http://loanstreet.com.my/learning-centre/H...h.i41adlGq.dpuf

If given a choice, shld we buy b4 or after gst?

After gst, price up but flipper holding property cannot tahan? Holding those property bought prior to gst? Cannot tahan becoz price whn up and sell at higher price? Why flipper cant sell at price b4 gst if cannot tahan? Ur theory not logic.

Becoz he hate ppl making moni fr property. He hate becoz he miss the boat. He feel jealous.

Goal post shifting. Now become worst. Captain abandon ship. Let the ship floating to no where.

My point is gst will cause price to increase and why shld bbw not buying now b4 gst. Somemore, he feel gud bout this goodview and defended it fr criticism. And its his sam sui property. Everythin is fine and superb. But my simple question is why his goal post of buyin this property need to shift to after gst? Somemore this is 10:90 scheme. No need pay interest prior ccc. And the earlier u buy, u hav the luxury to choose ur sam sui unit. Thn now suddenly gst thingy come out as the excuse to buy later after gst. Gst start 1st april 2015.By thn, after gst, price might be increased again if left balance last few unit (this normally wat developer do to last few unit if sales is good), or all sold, or no more sam sui unit? What logic is that? Cant see him judge or decide logically.

Oh sh#t! U spoilt it again. Bbw kantoi again.

This post has been edited by CloudAtla$: Sep 15 2014, 11:45 AM

Bbw, can i have ur logic? I wan to learn fr u. Tq.

Helo, r u try to kantoi bbw? Bbw said b4, SHL workmanship is good. Why u says the othr way round?

Bbw, i m still waitin.

Bbw hate ppl making moni fr property investment.

I dun know ur answer is to answer my question or to ask me a question?
Like tht u win liau.

The more he explain, the more we confused.
Bbw win liau.