i read newspaper yesterday regarding the raw materials (cement, steel bar, etc)...
due to petrol, electric, water hike caused the the citizens having low and middle salary range may no afford to buy houses... government may decide to provide rebate for the developers of the raw material to reduce to house pricing, so citizen afford to buy house later... is it possible for government to do so?

just afraid the Govt give "empty" promise again... they say will reduce the cost of raw material...
later petrol hike again and they said forced to increase raw materials pricing...
felt dilemma now, now i targeted another house at Berjaya Park which beside Bukit Rimau since everything cost living increased... but that Berjaya Park house and Kemuning Utama house no yet launch, price still unknown... i afraid will regret if bought the Berjaya Park house which launched earlier than Kemuning Utama, but Kemuning Utama still within my budget...

but the location are the boundary of klang valley...
same like klang's bukit tinggi, still have available units even completed build...
if for shah alam house, the construction done 10-20% only and 90% of under construction houses sold off...

30% hike is ridiculous man...
i think no one will going to buy any new property...
assume RM300k shah alam new house, suddenly pop up to RM390k...
it more expensive the Subang/USJ houses...

i also doubt on it...
bcos i planned to buy new house next few months but suddenly petrol hike pula...

should say developer should no to increase so much for new house pricing...
example i plan to buy RM308k house (4+1 rooms)which launched this early year...
but i decided wait for next phase house with bigger space (3+1 rooms but same design) but selling RM390k?
who the heck going to buy the house worth RM390k (previous phase RM308K) and our expenses for living cost increase too...

so should buy under construction house now from well known developer as well?
afraid they find abandon their project too bcos lack of capital...

government tend to keep house price low? how true is it?
http://www.thesundaily.com/article.cfm?id=23258

but bank loan will provide loan th new owner according to market price....
if u increase price to RM400k, but ur house market value is RM350k...
bank will provide the loan to new owner according to RM350k, means RM280k-315k loan will approve...
which means new owner have to bear RM85k-RM120k for downpayment... for that amount i think very less buyers will consider ur house...

RM0.8/L really greatly effect to malaysia economy...
how the dumb enough that government to decide increase huge amount....
if increase RM0.20 every 3-6months still wont effect the malaysia economy...
but RM0.80 really killing whole malaysia citizen... who going to spend their more money for their expenses...
caused a lot of businessman losing business if citizens reduced their expenses... if businessman no business, then gulung tikar... if gulung tikar, effected malaysia economy... also which MNC company that going to tend to do investment in malaysia have to postpone their project too bcos expenses increased... who loss at last?

assumed house price increase 30%... sure the sales will drop like hell...
no sales, no stamp duty, banks no business, bank negara headache...

This post has been edited by gkl83: Jun 18 2008, 10:27 AM

only for used property right?
i think new property should no effect bah...