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 RUMAWIP, Against rental

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BEANCOUNTER
post Oct 1 2018, 03:14 PM

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QUOTE(Hisham8686 @ Oct 1 2018, 11:29 AM)
Dude, this is a social housing programme to house the underprivileged. There's a reason why these were churned out. Not just to house the people, but to let everyone has a roof over their head, to let everyone feels that they own a stake in this country, to let the income inequality feels less obvious which is vital in a racially charged country like god damn Malaysia where ethnic Chinese seems to be controlling the biggest stake in the economy.
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How much is rumawip? 300k? For the under privileage?

Might as well follow singapore hdb system. Why malaysia dunwan to follow singappre hdb standard? Or offer more below 100k apartments or rent to own initiative?

You come up with the system that ALLOWED ppl to exploit it.
What did najib say abt prima? Reduce own use from 10yrs to 5yrs when prima cant be sold.

Am not going into debate over the racial and wealth issue without turning it into political race and other debates
BEANCOUNTER
post Oct 3 2018, 03:52 PM

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QUOTE(danielmckey @ Oct 3 2018, 09:07 AM)
Very funny. House now got more cheaper, why those people still need to rent?
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Houses NEVER got cheaper friend.

You cant foul figures and facts


BEANCOUNTER
post Oct 3 2018, 06:24 PM

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QUOTE(trust4you @ Oct 3 2018, 06:03 PM)
bro, sorry to say that, this rumawip is never meant for the underprivillaged.
underprivillaged will not even consider rumawip also.
RM300k, downpayment RM30k, not an easy feat, even for a blue collar worker.
if RM198k punya, maybe plausible. but majority is RM300K, not the 198k.

The only reason why chinese is controlling the biggest stake in the economy, as you claimed, it boils down to you and your own kind, who play racial card at every opportunity that arises.

Hak bumiputera, 30-50% bumiputera lot should be reserved in most of development , yada yada list goes on and on.
This will only be backfired, make your kind lazy expecting things to be spoonfed and to claim that "god damn Malaysia where ethnic Chinese seems to be controlling the biggest stake in the economy.", tepuk tetek tanya selera.

How many bumi actually buy bumiputera lot? maybe people like you will buy. But the smarter and educated bumi in Malaysia one will choose non bumiputera lot for property. if you do not know why is the reason, then you should find it out yourself. smile.gif

correct or not Aaron?  rclxm9.gif  thumbsup.gif
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I think only yah...please don't shoot me...

for FH bumi can opted for non bumi quota and forgone discount.

for LH, I don't think Bumi can elect. Most developers wont want to anywhere bcos they will have to find other bumi buyers just sold their non bumi lots to bumi that opted for non bumi lots.

stand corrected.
BEANCOUNTER
post Oct 4 2018, 12:14 PM

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QUOTE(Duckies @ Oct 4 2018, 11:58 AM)
Probably renting to strangers. Living alone  sweat.gif Feels the house too big for 1 person so want to rent 2 more rooms to strangers to lessen the burden. Not sure if this violates the rule.
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for RUMAWiP I believe there is no rules in yr SPA to say that you cant rent out.

this is also not a loopside agreement.

just general assumption only that special priced homes are not to be sold within 10 yrs and not to buy with the intention for rent.

I haven't seen a rumawip spa. if you have one copy, do read through and confirmed if any part of the agreement said CANNOT RENT OR CANNOT SELL.

even kampung baru, properties there rented out. what is worst? rented out to foreigners. bangwall.gif
BEANCOUNTER
post Oct 4 2018, 09:02 PM

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QUOTE(planc @ Oct 4 2018, 08:59 PM)
Sad to see got such properties to categorize poor/rich ppl cry.gif last 3yrs they sell 300k..this year they sell 300k...next year also 300k? How abt next 10yrs? If this house cannot help the poor generate more wealth, the poor will only become poorer at the end..
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Who says rumawip prices wont increase?

Stated in the spa ah?

Poor ppl wont afford rumawip, period.

This post has been edited by BEANCOUNTER: Oct 4 2018, 09:03 PM
BEANCOUNTER
post Oct 5 2018, 02:19 PM

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QUOTE(planc @ Oct 4 2018, 09:38 PM)
30+ KL rumawip projects in the pipeline..all super highdensity..all selling well? Heard one PP1AM at kaptong super location also not selling well, ask them increase salary better!
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If this is supply and demand issue, if rumawip prices stagnant, many of non ruma apartments also will suffer the same fate.
BEANCOUNTER
post Oct 5 2018, 02:45 PM

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QUOTE(aaron1717 @ Oct 5 2018, 02:19 PM)
well with rumawip ppa1m being very competitive in term of location, spec and also their construction speed... prima facing alot challenges to sell off their stocks... even need to reduce moratorium period to 5 years still doesnt make much difference to the sales rate... lol
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My fren bought prima in juilai.

He said defect list after 3 months also belum siap....hardly did anything....
BEANCOUNTER
post Oct 5 2018, 08:57 PM

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QUOTE(aaron1717 @ Oct 5 2018, 03:13 PM)
wa... very bad leh...

my fren mia AK's rumawip... almost zero defect and he is super particular and detail kind of person.... sometimes i think reli see luck mia...
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yes I trust zero defect, not for affordable housing macam Ak mess production. if they are that good, they wont be pakat w authority to get projects jor.
BEANCOUNTER
post Oct 5 2018, 09:01 PM

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QUOTE(planc @ Oct 5 2018, 07:52 PM)
Roti Canai today sell RM1.0-1.5...if ppl complaint too costly sell back 0.6-0.8sen?  Can, cut ingredients 996...ask them buy prima/rumawip but long term can't help them generate more wealth, at the end the hole only deeper..if government really got heart want to help rakyat should restrict only marriage family can apply it
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then you are discriminating against single persons.

single person no need a roof over their heads? marriage is by choice, not by law.

unless the gov control the entire supply and demand and pricing of property, there is no way gov can control only part of property transaction, bear in mind that these affordable housing doesn't come with enough prohibition for transactions. otherwise open market value prevailed.

i hell know that those pp1am housing was created to create instant wealth for certain individuals. can flip for quick cash somemore.

This post has been edited by BEANCOUNTER: Oct 5 2018, 09:02 PM
BEANCOUNTER
post Oct 29 2018, 01:51 AM

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If gov seriously want to help the pieople why so difficult?
Just follow the hdb rules will do.

Do u think gov is seriously want ro help? Tok kok only. I think top officers just want a share of the profit and mid mght just want to buy themselves for rent or flip.
BEANCOUNTER
post Oct 29 2018, 06:00 PM

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QUOTE(aaron1717 @ Oct 29 2018, 12:06 PM)
yeah... but locations of rumawip are trully nice... if you dont need anything larger... i would suggest go for those low density rumawip for own staying... u will be surprise alot 5 figures earner staying with you as neighbors... haha
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Not for long
BEANCOUNTER
post Oct 29 2018, 06:03 PM

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Rumawip prima will only work IF the private offering is at least 30% to 50% more expensive.

If ruma 300k and next block down the road private offering also 300k amid smaller ...who will win the battle???
BEANCOUNTER
post Oct 29 2018, 07:20 PM

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QUOTE(indramerlin @ Oct 29 2018, 06:55 PM)
Rumawip for own stay okay la.. investment not okay... rental wise can't stamp duty..
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I rhought u say can rent gov never put any rule...

Why cant stamp duty?
BEANCOUNTER
post Oct 30 2018, 11:26 AM

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QUOTE(aaron1717 @ Oct 30 2018, 09:18 AM)
u paham the statement or not o.... more than 600k project in tier 1 areas are less affected by rumawip.... your KK post no threat to the market there... and from economical sense... it wont appreciate even more than 500psf... good luck....
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Its ok lah...

Even increases to 499psf also cukup jor.....
1 unit make 150k....and he got 10 units......

1.5mil just a flick of fingers just like thanos.....where to find taiko?
BEANCOUNTER
post Oct 30 2018, 04:05 PM

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QUOTE(DesRed @ Oct 30 2018, 03:57 PM)
Thanks, but I still prefer private projects over either rumahwips or primas. Maybe can consider staying at one of those units listed in airbnb to get the feel of an area first. tongue.gif

But I have a hunch those 5-figure earners aren't going to stay there for long, like what bean mentioned. Most probably they'll run off to a private project with a larger layout sooner or later and either rent their unit out or turn it into airbnb.
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Actually whoa...from the recent doc by gov, they claimed that m40 now is those household earning btw 8k to 12k.

I wonder if they get the pay scale rite.

Unless u have 10 children i wonder who are earning 12k will want to stay at ruma.
BEANCOUNTER
post Oct 30 2018, 05:12 PM

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QUOTE(DesRed @ Oct 30 2018, 04:36 PM)
PhD holders who just started work or only working for 1 year? hmm.gif

I know for a fact that the ex-boss I mentioned previously is a PhD holder and the unit he purchased at Aurora Residences is his first. Just recently married as well. The other one I know owns a terrace house together with his wife somewhere near i-City. I sincerely doubt these two are interested in getting a rumahwip even though they are eligible for it (before they bought their respective houses, that is).
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Sorry why mention phd holders?

I knew one phd student....can hardly write english. The SA here can write much betterer england than him, seriously.
BEANCOUNTER
post Dec 18 2018, 11:25 PM

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QUOTE(AskarPerang @ Dec 18 2018, 07:21 PM)
Congrats to all rumahwip owners.
Is now legal to rent out rumahwip. No further action will be taken by KWP.
Good job new government.
Same old wash hand tactics. Puih.

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i dont know why you blame PH for.

many rentees also looking forward to rent ruma bcos the rent there would be cheaper than private projects,

it cuts both ways, and a win win case. why all the hates about renting out ruma?


 

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