rpgt will surely be back, just a matter of time.

vote for bn in next ge, najis gets back 2/3 majority and confident, guarantee rpgt 30% will return.

until then, they dare not do anything since prop/constr is big-big economic driver now. no one wants to see it die, becos everybody will suffer. if yr prop lose 100k value, some powerguns will lose 10mil or 100mil. can't let it die...

this time let the so-called powerguns die,coz country cannot afford to established another round of DanaHarta & DanaModal to clean all the s**t....and i thought auto industry is still the best income for Gov [somemore with AP holders policy]....

trust that it won't die until those rats are ready, like all $ in brazil or aregntina.

So now is looking at GE la? But when is it? Any time this year?
But if there really a correction after GE, from the way i see it now, a correction only possible by a more strict regulation have been introduce to control the market.
So what affordable now can become unaffordable after GE, possible become impossible.
For example, all house need down payment 30%.
Then by that time you will also be effected by the regulation itself and cannot manage to own a property.
The regulation itself is aim to cool down the market, not invite more severe buy mode after the correction.
If everybody waiting for correction to happen, then after it happen, all people rush in to buy again.
Then there will be another price hike.
That is totally not contribute to price control, but encouraging another round of BBB mode.

How can, understand foreigners only eligible for property above $500k? Must be Malaysian 'Sporean'. But the $500k cap for foreigners already not valid since property risen 30%. Should cap at above $600k.

RPGT still around understand only 5%, pls correct if wrong.

confirm 5% for rpgt

Probably by 'Singaporean', he means, 'Malaysian with Singapore PR'. Or the Singaporean could have a Malaysian wife....park under her name...

i will only say, look at google maps in the urban areas and draw your own conclusion as to whether land is scarce in Malaysia in comparison to HK & SG. there's still empty land, even within walking distance of KLCC <15mins. our definition of scarce may be different.

all i'm saying is that prices need to normalize itself to levels that are sustainable. thats all normalize != drop.

Singapore Developers cut prices following new measures

http://www.propertyguru.com.sg/property-ma...ng-new-measures

will it happen in M'sia soon?

---

Added on January 19, 2011, 11:08 amagreed!!

somehow think that this "land is scarce" idea is promoted by developers to gain big profit. Can't compare singapore/HK with M'sia as if i m not mistaken kuala lumpur alone (not klang valley) is bigger than the whole of singapore??

This post has been edited by godutch: Jan 19 2011, 11:09 AM

Ooopss....RPGT,RPGT, shoosh shoosh...

This post has been edited by salam03: Jan 19 2011, 11:50 AM

High-end condo owners caught with rents down

http://www.themalaysianinsider.com/busines...ith-rents-down/

First sign of property bubble going to burst....

so potential buyers, hold your horses?

but, maybe need more signs to see the trend ?

---

Added on January 19, 2011, 1:27 pm



http://www.themalaysianinsider.com/malaysi...r-set-at-rm3000

High income job = RM3000 monthly salary??? how can a high income family (2 income family) with a monthly household income of RM6K (before tax & EPF) to afford a decent house at the current property price??

This post has been edited by godutch: Jan 19 2011, 01:27 PM

LOL !!! 3k salary is a high income range.. great
what a joke !

gosh. he really has a distorted sense of reality. haiya, nowadays where got ministers yang faham rakyat? lol

if you want more sigh, actual you can go to all the property website, do a statistics how many already posted to sell within the six months. If its increase month to month, better you alert on it.

hi, thank you for the advise. Can elaborate more on how to get the statistics ah?

currently i'm only monitoring certain condos that i'm interested in (buying for own stay) and noticed prices have stagnant for a few months, a few condos' prices actually decline a bit (also notice condos that i viewed 2.5 months ago still in the listing), but suspect these could be isolated cases. If like what you said there's a way to have more complete statistics, certainly a good help.

thanks in advance

Land is not scarce in KV but prime land is indeed scarce. That why 'location, location, location'. The same sentence to some might be expired but still valid today. Why you want to buy landed in PJ if you can find the same quarter of the price in Rawang? Why Bukit Bintang if you can find bigger empty plot in Bukit Beruntung? Don't forget, historical land deal happened just couple of months ago, >$6000/sqft, highest in Malaysia Book of Record. Spore tycoon goreng lah who else.

Developers are taking advantage/excuse to jerk up the price since so laku, maximize profit wash hand after sold! Buyers bye bye take care!

If got money, dont buy house, buy land! Many land owners are very happy now.

House also can't afford, let alone land.

despite d fact that recent negative news, i still think that d price of properties is going upward as our neighbor countries are still remain high compared to malaysia.

dun forget most of d buyers are foreigners. (especially Singaporean)

niceeee....

i wouldn't put it as bubble burst but rather a sign that the property market needs to really cool down and re-evaluate. I notice more and more auction signs are put up around TTDI and Mont Kiara, about time for the government to do something about the property market. to me it shows that the speculations has taken a new turn and hopefully the price may lower down a whole lot..

all in all, just hope for a more affordable place to call 'my house'.