you really have problem.

tax law pass by who? first read by who in oct?

to be honest, i don't put it in a good way, it is very hard to earn money from those pak arab , through my experience dealing with them ,they are the most kiasu customer. Everything need to be cheap and demand is so unreasonable .

Edited - they are filthy rich yes , but unlike us , they always need us to justify every single cent we earn from them and always expect something from it.

This post has been edited by wanted111who: Feb 3 2015, 09:54 AM

Yes of course.. as a businessman they should... thats why in my earlier post I also said this project is not easy to be successful... unless it is unique that can attract their attention

LOL you didn't get my point... I am trying to tell u.. how many seller buying property from u is foreigner? If the % is low, why u worry?

Now I know why... the concept which is wrong is in your mind LOL
U talk like a person from a particular party...

I suspect this myproblem fella is not a Malaysian.

Correct me if i am wrong. The state govt can impose its own RGPT if they wanted it. Of course they can brand it any name they like. Any state govt can also impose additional stamp duty as and when they like it. Nothing u can do about.

Selangor had imposed special ruling (e.g. 2 mil for condo for foreigner) which means they have the tendency to repeat it again in the future.

It is not about how many foreigner will buy, it is putting a FULL-STOP to foreigner is the scary part. When come to investment, i personally do not wish to see any ruling that potentially chase away foreigner not even 1%. Once foreigner delete Selangor in their radar, they will very likely delete it for very long time.

When foreigner invest in a country, they most probably will get advise from Consultant Firm and purchase decision are based on what the consultant recommendation. For a consultant is easy and do not wish to take too much risk. The consultant may just say 1 word. BUY in other part other than this or that state because of special ruling that not in favor to foreigner. Then that is it, it something forever or negative impact will last for very long time.

And yes, its my problem. Do as u like.

Cheers

I am talking based on an investor perspective.

What if rich arab.....buy all the houses.... and left nil balance for you and me?

This post has been edited by tmdsad: Feb 3 2015, 12:06 PM

Arab won't do that. They like to share

House is build for own stay, not for trading or investment!
House is build for local, not for foreigners. Foreigners can invest based on their own financial capability, not to compete with local for affordable houses.
Each project come with unique concept, u like it then u are welcomed to join the community. U don't like, please go elsewhere. Noboday point gun at u ask u to follow. Afterall, u are free to make ur own decisions.
BTW, not all concepts are good. So, choose one u suit most! ;-)

This post has been edited by CK15: Feb 3 2015, 12:17 PM

Arab is just an example.....replace arab with Russia....ok?.....you get the point or not?

Not many Russian here. But potentially replace by penangite

Arab or foreigner cannot and not allowed to by landed in Selangor.

No such thing

I am not sure if you are referring to my earlier remark. If yes, please read carefully what i said. I said "FOR ME" and i am merely expressing my point based on my view and believe and i never ask any 1 here to follow my personal decision nor i pointed any of your views are incorrect. In fact, all decisions or remarks are personal.

So i am not sure why so many got agitated for expressing my own view.

Foreigners are also not allowed to purchase landed properties (unless it is in a gated community with Landed Strata title), or those sold by public auction and no more than 10% of non-Bumiputera units can be sold to foreigners under the new guidelines.

You still dont get my point....

Nobody really get you.from Saudi to Russia. From Penang to KK

.....worrywart