This is short term measure due to impact from ukraine war not for long term.

Typical of miss the forest for the tree.

This post has been edited by icemanfx: Oct 4 2023, 10:45 AM

Good govt policies play little role in affecting election results. Is more like oredi cast on stones.

It’s going to be a real fight between “what is good for all” vs “what is good for me”. What to do? The mentality is set and pervasive.

Those live on hand to mouth only think of what could be the next meal, unable to think beyond tomorrow and want instant gratification.

This is more likely to happen in a kerajaan pas. Then we will get the government we deserve not the government we need.

The purpose of the example is to illustrate that location is not the end all and be all. And ~300k was used as that was the market/transacted price for the area, regardless of whatever initial bloated price it was launched at for that unit size.

You want double digit inflation/cpi figure is it? Followed by OPR hikes every MPC meet for the next year or two? That's the reality of removing petrol/energy subsidies in the current economic cycle.

Still not a great example to use as essentially the entire primary market failed. A lot of people have lost hundreds of thousands by investing in the area. This one is a cautionary tale of proximity to a large infrastructure project (Kwasa) that never happened so location does matter. One can cover a 20-30% loss but 50+% is near impossible to recover from.

So kanak-kanak if it’s too pricey for the area and you see many disparaging remarks don’t go against the grain.

This post has been edited by Cavatzu: Oct 5 2023, 02:01 AM

To become a more competitive and efficient economy, one needs to endure a short term pain else forever trapped in the 3rd world like Pakistan, Egypt, Algeria, etc.

It can’t happen yet. There will be a lot of pain as USD strengthens. This has to be gradually ushered in by a stable political party.

Pn gomen had the opportunity to remove subsidy during pandemic when oil price was low. Until subsidy is removed, the economy will remain a 3rd world like Pakistan, Egypt, Algeria.

This post has been edited by icemanfx: Oct 5 2023, 11:35 AM

I'm not here to defend a failed project but never is too permanent a term. EPF will eventually complete the Kwasa project, they've already invested too much money (ours lol) as well as moved their people there to show that they ARE serious. Now the issue is just on timing. If they could get some big developers to move faster, it'll go a long way in building confidence in the area.

Have you been to those countries to be able to make that comparison? And your 'short term pain' may cause the economy to spiral out of control. You can ask the Fed/UK/EU how easy is it to tame raging inflation (hint: difficult).

There are many proven big developerssss in this country. Do you think we are short of any?

Problem is, do you know what are the red tapings behind, requiring of (to be) a so-called kwasa developers there?

Please, don't amuse don't smoke me.

Secondly, I ask you for kwasa master development to fruition, commercial first or residential first? Balanced up! Yes, how? Just by merely giving a theme/ slogan/ wawasan dot dot again, a few 'poised to be' articles?

See the word 'ours $' no reply your post pon cannot

This post has been edited by jojolicia: Oct 5 2023, 04:47 PM

I am of the opinion that the USD will weaken over the long term as de-dollarisation increases. But not sure what impact will this have on our property market. BNM may not have to track our interest rates to the Feds anymore.

https://www.nst.com.my/property/2023/10/962...centre-selangor

20 years for this thing to reach its potential when people bought future priced units in 2015. Much as we invest for the long term, one also needs to survive in the short to medium term. A high end development populated by working class people means it’s now a lower end project. The real value of upper middle and blue chip properties is the community after all.

1. I got say Malaysia no big developers meh?

2. The red tapes that you are referring to is exactly what EPF should try reduce

3. What the hell is amuse/smoke you?

4. Obviously the recent launches indicate residential first mah. Why else would they bring in names like Exsim, Tujuh Residence, ytl etc before announcing any commercial players or partners? Sime darby did the same with Elmina/Denai Alam, why shouldn't epf just follow suit?

Item 3. You sure Epf reduce/ cutting or imposing ?

Comparing to elmina/d.alam as a role in kwasa master dev? Good luck

This post has been edited by jojolicia: Oct 6 2023, 07:07 AM

1. Read my words carefully ya. I say SHOULD try. Not that they WOULD try or that they ARE trying. All carry different meanings. I don't work in EPF so I can only speculate as an outsider.

2. It's not SDB, it's SDP, two different entities. And why can't we use Elmina/Denai Alam as an example? Denai Alam started decades ago followed by Elmina. No real commercial element, not even a school proposed till recently let alone a mall.

Ok, sorry typo sdp. Thanks for correcting.

Qwasa is a tool if you can see better.

Edited. Oh yes, you do as i just read your latest post in 7 thread.

This post has been edited by jojolicia: Oct 6 2023, 09:10 AM