View Full Version : MY has no plan to raise 500k min entry
phantom_opera
19-02-13, 16:15
The Malaysian government has no plans to raise the RM500,000 (S$199,870) minimum entry for foreign property buyers, according to Housing and Local Government Minister Datuk Seri Chor Chee Heung.
=> lai lai lai ... buy buy buy :p
The Malaysian government has no plans to raise the RM500,000 (S$199,870) minimum entry for foreign property buyers, according to Housing and Local Government Minister Datuk Seri Chor Chee Heung.
=> lai lai lai ... buy buy buy :p
buy liao then they raise it... then they HA Ha HA HA...
phantom_opera
19-02-13, 16:17
buy liao then they raise it... then they HA Ha HA HA...
with the current rate of money printing in the world ..... raise it also got reason mah :o
The Malaysian government has no plans to raise the RM500,000 (S$199,870) minimum entry for foreign property buyers, according to Housing and Local Government Minister Datuk Seri Chor Chee Heung.
=> lai lai lai ... buy buy buy :ponly 10% are foreign buyers. no point raising.
The Malaysian government has no plans to raise the RM500,000 (S$199,870) minimum entry for foreign property buyers, according to Housing and Local Government Minister Datuk Seri Chor Chee Heung.
=> lai lai lai ... buy buy buy :p
They do not want to dampen the pty mkt.. as there's still be lots of houses to be build.. & looking for buyers to support the 3-million population for the Iskandar project..
There's lots of buyers not willing to pay above 1-mil
Penang
M$1m for condo
M$2m for landed
take a drive around iskandar. look at the fields and fields of palm oil plantation. lots of supply. no need worry. alot of foreigners $$$$ to attract. why dampen it.
take a drive around iskandar. look at the fields and fields of palm oil plantation. lots of supply. no need worry. alot of foreigners $$$$ to attract. why dampen it.
This statement I agree.
To raise to rm1M now will kill off a lot of foreign Demand.
Even a Nusajaya Bull like me cannot see the rationale for an increase now when Supply will continue to be increasing enormously for the next few years, minimum.
The current rm500k makes a lot of sense and has been digestable.
Locals are shielded and there are many decent homes below rm500k to cater for this need.
Foreigners and more affluent locals looking for higher levels of stay, security, amenities, etc will continue to find value between rm500k upto rm2M vis-a-vis what they can find overseas.
Anyway, its all about politics in the end...
:47:
Malaysia Citizen able to buy landed home at S$50K only
While foreigner will be encourage to buy Condo unit which cost S$500K
lot of choose there, but unless you are malaysia citizen, you will not be better off.
Just like if you not a Singaporean, you will never able get a BTO Flat at mature area at price of $300K, but got to buy a private condo (which smaller sqft) at $800K or even more.
JB is in a super property cycle now, hope it benefit both country people next 3-7yrs... until the party ended.
1997 Asia Financial Crises
2007 Global Financial Crises
2017 xxxx crises ???
JB is in a super property cycle now, hope it benefit both country people next 3-7yrs... until the party ended.
1997 Asia Financial Crises
2007 Global Financial Crises
2017 xxxx crises ???
Low cost.. Low risk.. Low return.. So no problem even if u bought a RM1.5-mio semi-d.. especially is for own stay.. or for retirement
Is like the cost of a 5-rm resale flat.. Crisis or not.. Don't really affect you unless you had purchase quite a few units
Let's say during crisis.. A S'pore 3.5-mio semi-d can easily drop S$500k-700k. So no big deal for a semi-d which u have bought in M'sia at RM1.5-mio drop RM300k.. After conversion, is S$120k :cool:
haha, true also.
We can't buy anymore Singapore Property, as due to cooling measure, also not much upside, collect rental is ok.
Was thinking buying few KL & Iskandar project, as any condo we sell here, can easily buy 2-3 units (bigger sqft there), however the Mortgage of 5% and above made us think twice, also can Country M really deliver their promise....
With high mortgage interest & uncertain - High Risk, High Return in future?
Low cost.. Low risk.. Low return.. So no problem even if u bought a RM1.5-mio semi-d.. especially is for own stay.. or for retirement
Is like the cost of a 5-rm resale flat.. Crisis or not.. Don't really affect you unless you had purchase quite a few units
Let's say during crisis.. A S'pore 3.5-mio semi-d can easily drop S$500k-700k. So no big deal for a semi-d which u have bought in M'sia at RM1.5-mio drop RM300k.. After conversion, is S$120k :cool:
Powered by vBulletin® Version 4.2.2 Copyright © 2024 vBulletin Solutions, Inc. All rights reserved.