As i mentioned somewhere before, when come to investment, go KL. Selangor is just too dangerous since the new ruling that no foreigner could buy landed and min 2 million for condo any foreigner.

As in this city, u think the condo can fetch 2 million?

SELANGOR is now OUT for me

This post has been edited by myproblem: Feb 2 2015, 08:43 PM

Its not about buying from me. Its the concept. Never put your $ in an uncertain place. Just like will you put $ in Iraq Bank?

Today the Selangor govt can announce apa-apa concept, apa-apa rulling pertaining to foreign ownership. How can u be sure that 1 day they wont suka-suka say 50% RGPT for wholelife? or 100% tax on your second/3rd property?

I don't know man. The MB can suka-suka change, what else cannot happened in this boleh state?

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.

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

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.