Any ideas what is the price increase in Puchong? There is this propertry developer Plenitude building houses for $300k+ last year but after one year increase to $400+ for the same size unit! Just the design change a bit. This is crazy if each year increase $100k, how people are going to afford to buy a house?

Best,
escargo75
http://poweroneminute.blogspot.com

Property is just like stocks, when people "goreng" it will go up like hell like certain area in PJ, Damansara and now Puchong. The people who gained off-course is the so called property investor and developer but the majority genuine property buyers will suffer. Unlike stocks, you don't go in you won't hurt but for property, they have to go in else where to stay?

So if property drop the majority will celebrate like me hahaha!!! Well, who knows one day I will join the minority evil

[quote=cherroy,Dec 27 2010, 03:34 PM]
Last 10 years, inflation factor has pushed up gov servant wages a lot.
Inflation factor has forced, no more below Rm500-700 per month wages for operators, most are >RM1,000
For last 10 years, my company even with minimal increment one, has resulted wages bill increase more than 30% with the same personnel.
Wages increment is there, even you serve long enough, surely there will be some increment.
Yes, it won't able to match inflation rate, but increment is there.

Hi Cherroy,

I don't agree with your bolded statement. My company (American multinational company) offer salary of RM650 for a new operator. What a shocking isn't it? That was the salary of another American MNC more than 10 years ago that I worked! I cannot imagine what is the operator salary for a non MNC company.

The salary for a fresh grad engineer have not rised since 10 years ago. It was about RM1800-RM2200 and still the same now! WTF with this country you may wonder???