YES housing prices is very very afordable in malaysia. it is one of the lowest among developing country. every one can buy a house in malaysia easily. those people that are making noise is only great in their "noise" and would like to live in super link, semi D and bungalow.

a basic 3 room flat average 60k with monthly installment RM300. those that are making noise, is just plain CHOOSY

where can u get that? show some proof

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Added on September 10, 2010, 1:33 am

properties in asia should continue to climb without worries of bursting. anyone who want to wait till it burst can wait as long as you can.

many people say things because the person who pay them want them to say certain things
or at minimum, they cannot say something that goes against their sponsor

This isn't addressed to anyone in particular. Just my thoughts.

1. Analysts for equities and properties are really useful. As a rule of thumb, I tend to do the OPPOSITE of what they recommend

2. The same can be said for respected economists like paul krugman. It's easy to analyse in hindsight, but what practical experience does he have? I tend to read these analyst reports with huge skepticism.

3. Anyway, I can pretty much infer that the guys from OSK who wrote the article above may not be investors.  It may be easy to analyse trends. But again - where's the practical experience?

4. Banks have ample liquidity and want to lend? Again, I'm shaking my head, because I may have an insider view on that. Banks are under EXTREME pressure to shore up more liquidity! Why do u think there are tons of aggressive deposit campaigns suddenly popping up? Some banks are giving 5% FD for fun? Have we ever asked ourselves why? (The rationale behind this is worth another separate post) Now, these jokers from OSK want to say that banks have ample liquidity. Sheesh.

5. Our beloved Central Bank is finally waking up, with its "hints" of tightening in the Mortgage and Unsecured market.  Again, my fear is that they have moved far too slowly.  Perhaps "vested parties" have been exerting too much pressure on them via our mainstream media

err... capital appreciation? 

the real rgpt is much less than 30%. (if you know how)
so the flipping process will continue and prices will tend higher.
yesterday  a developer just launch at 650psf soho units.

many units taken except units with 4 on it

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Added on October 10, 2010, 12:50 am

what if every one jack up 30% and valuation also jack up by 30% and bank refinance after jack up 30%

then property prices will go higher... cant you see?

anyway, if no one want to buy, those sellers are not in a hurry to sell too...so buyers have no choice but to follow with additional payment of 30% to the government.

can't you see that the government are short of funds and its high time to get more money in thru rakyat's nose and earn praises from the rakyat.

its a double edge sword!!!!
MALAYSIA BOLEH

if u want to wait for prices to drop.. u can continue to wait.

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Added on October 11, 2010, 2:57 am
fainted! if you are selling your property at 300k and assume you buy it at 200k, means you want to make 100k. then just jack it up to 390k..
when buyers ask for discount ... sell it at 370k.

so 370k-200k=170k

you will net at around 100k

as i have commented earlier..
the prices is not coming down... its going up...

Budget announced!

Property prices will continue to climb 

Got 30% RPGT also jack up price, No RPGT increase also jack up price,    

my view on: 100% loan for below 220k properties - it is a policy that appears to be helping the lower income group but if we dig deeper, this doesn't do anything helpful

if a person is not able to save up a minimum 10% for the down payment, it is very obvious that the person is not financially ready to commit to a mortgage. gov is optimistically hoping that the person who bought a property at 100% would amazingly come out with extra RM600 - RM1000 for monthly installment. on the other hand, if a person who is able to generate extra income of RM600 - RM1000 at will (through MLM, freelance, etc) that person would not belong to income below RM3000 per month.

secondly, the biggest problem that the lower income group facing right now is NOT because they cannot come out with the 10% down payment. the problem is the affordable units are sold before they can take a move. a lot of insiders, group purchaser, through relationship, aunty uncle who are usually way richer than the lower income group have grabbed the affordable units before the lower income group can make a move.
i'm referring to new launches here, because for MOST people the first property that they want to buy, they do desire it to be a new one, rather than getting it from sub-sales.

if the gov insists this is a very helpful move, i can only see that it works in sub sales market which the first time home purchaser is very reluctant to go in.

I really disagree with this statements.  If it is not because of 10% downpayment + other fees, I would have bought my first house much earlier by now. In fact, installment is never a problem for many people, even for those who just started working.

Saving money is not easy especially low income group, but finding a way to allocate money for something is a lot easier.  If gov doesn't help this group, by the time they've enough saving, all the properties has already been grabbed by investors, and as the price increase, deposit also increase or they have to buy properties further away from work place.

i wonder why must one find a home in the urban place when the air is polluted, the traffic is bad as hell, the stress is beyond control, people behaviors in the city is getting snobbish and sloppy... and still people want to pay for high prices at the location.

If one need to look just outside this area, there are plenty of opportunity even in bukit beruntung and the investment and the knowledge you have can even appreciated by the kampung people . u think all these city livers appreciate your money and help? think!

so with BNM 70% LTV policy, will property prices start to drop?

please blame the property seminar gurus eg Milan Doshi, Azizi Ali etc etc for the property current hike.
they claim interest rate low, buy buy buy for rental income
or else later miss appreciation.

Why convert? Prices must be relative to each demographic, i.e., dollar to dollar comparison. Ex: earning SGD 3,000 is like a lot if you convert it to RM, but living in SG with that amount one can barely survive.