MAS new cooling measure

[yowetan]

Who fed the whistle- blower???

I think I am one of them, sharing too much of my company benefits and welfares.

[carbuncle]

Crawlng, not clawing.

Spiders crawl.
Hawks claw.

[Laguna]

Crawlng, not clawing.

Spiders crawl.
Hawks claw.

haha, that is why I know my brain is getting worst...

[buttercarp]

haha, that is why I know my brain is getting worst...

Either way, also can.
Crawl - do it secretly.
Claw - do it in the open.

So if it is an open secret, claw or crawl also can.

It is good that they are listening.

[carbuncle]

Lets see.

Current members in this forum 21017
Apply 80/20 rule, active members investing is 4203

Assuming each buy 3, can suck up all the 12609 to be completed units in an avg year lol

So we ARE a force to be reckoned with.

[samuelk]

Lets see.

Current members in this forum 21017
Apply 80/20 rule, active members investing is 4203

Assuming each buy 3, can suck up all the 12609 to be completed units in an avg year lol

So we ARE a force to be reckoned with.

Actually, looking at the price delta , those who can afford seems to have soak up the EC now

[chestnut]

Lets see.

Current members in this forum 21017
Apply 80/20 rule, active members investing is 4203

Assuming each buy 3, can suck up all the 12609 to be completed units in an avg year lol

So we ARE a force to be reckoned with.

Bro,u got it mixed up liao. 20% are doers, 80% are dreamers. You look in coy, 20% management, 80% on-management. You go salary.sg - 20% earn a lot and 80% earn a little.

But 20% will be the one driving 80% of the economy.

So please redo your calculation and know how to apply ok. You apply wrongly, it becomes, 80% will buy condo. Hahahaha

Check this out :
How many % stay in Hdb?
Ho many % stay in private?

[Laguna]

Check this out :
How many % stay in Hdb?
Ho many % stay in private?

I know, I know
80-20

[chestnut]

I know, I know
80-20

Haha, CORRECT!! actually, the 80-20 rule is quite accurate 80% of the time.

Remember, 20% rule the economy and the 80% just follow. That's life. The 20% are the rich. Take Indonesia as an example.

S when you have no stats to support your study, a quick and dirty way is apply 80-20 rule.

Hahahahaha

[radha08]

well, muslim can have 4 legal wives

ya muslim also must cut U know what...

[radha08]

LOL..... I hope she is still 7 years younger.
If she was, then if you had married her, also no use!

but honestly we broke up cos she too young always want to go pub/disco and cheong i older want to relax...so honestly ideally age difference between husband and wife should be 1 or 2 years like my present wife......PERFECT...ah well maybe not she like to nag but which woman dont...

[radha08]

Bro rad is indian, but definitely not muslim.

He has pet dog. And a very cute and active one at that.

bro all MEN are equal regardless of race language or religion......but soMe MEN are more equal than others...

[carbuncle]

bro all MEN are equal regardless of race language or religion......but soMe MEN are more equal than others...

This i know. A-MEN

[wind30]

ya, u shall be very thankful to the whistle-blower preventing you from over stretching......

BTW, I am not the whistle-blower, I just let u know my friends are reading this forum...this is good enough

Since u are in IT, u should also know there is this service employing by the Govt agencies in clawing the net over all the postings.

That is great. I really hope the government will take notice and clarify the issue on age. If the age taken is the lesser of the two, it just does not makes sense. Because the older guy cannot qualify for such a loan, and if he cannot qualify, his income should not be taken into account for the borrowing, ie only the younger person can borrow.

It is USELESS to have cooling measures if the government is not serious in enforcing them.

[radha08]

This i know. A-MEN

bro u also got sense of humour like me...

[heehee]

As long as 1 of the joint owner is responsible for the loan, why can't bank take age of younger mortgager? All those that you all said make no sense.

That is great. I really hope the government will take notice and clarify the issue on age. If the age taken is the lesser of the two, it just does not makes sense. Because the older guy cannot qualify for such a loan, and if he cannot qualify, his income should not be taken into account for the borrowing, ie only the younger person can borrow.

It is USELESS to have cooling measures if the government is not serious in enforcing them.

[Laguna]

reading the property market in Malaysia
see what happen in Penang, I am not sure how true it is,
will go over in Dec/Jan to take a look

http://www.penangpropertytalk.com/20...y-prices-soar/

[Kelonguni]

As long as 1 of the joint owner is responsible for the loan, why can't bank take age of younger mortgager? All those that you all said make no sense.

It's psychology, not rationality, that caused them to say that.

I.e. since I have been regulated or priced out of it, every person that could be regulated must be regulated to the max.

But some sense as well, especially if the younger joint owner doesn't earn much. Case by case analysis bah.

[Laguna]

cooling measures in Malaysia

From the Sun Daily online (full article):
PETALING JAYA (Sept 28, 2012): The Real Estate and Housing Developers' Association Malaysia (Rehda) is relieved that the government has not taken too drastic a measure with the real property gains tax (RPGT) and stamp duty in Budget 2013 announced today.

"Although it is not in accordance with Rehda's wish list, we are relieved that the government has not taken too drastic a measure to tamper with RPGT and/or stamp duty which may otherwise have adverse impact on the real estate and property sector," said its president Datuk Seri Michael Yam in a statement today.

Under Budget 2013, the RPGT rate effective Jan 1, 2013 will see an increase of 5% from 10% to 15% for properties sold within two years, and from 5% to 10% for properties sold within the third and fifth year.

[hyenergix]

reading the property market in Malaysia
see what happen in Penang, I am not sure how true it is,
will go over in Dec/Jan to take a look

http://www.penangpropertytalk.com/20...y-prices-soar/

Quite similar to food price increase in Singapore. Is the food getting better? No it is the other way round because more money is used to pay higher rental.

[buttercarp]

This i know. A-MEN

ROTFL!!!!
Now I m surfing in a public area, n I can't believe that I actually laughed out loud.
What about da man?

[fiat500]

cooling measures in Malaysia

From the Sun Daily online (full article):
PETALING JAYA (Sept 28, 2012): The Real Estate and Housing Developers' Association Malaysia (Rehda) is relieved that the government has not taken too drastic a measure with the real property gains tax (RPGT) and stamp duty in Budget 2013 announced today.

"Although it is not in accordance with Rehda's wish list, we are relieved that the government has not taken too drastic a measure to tamper with RPGT and/or stamp duty which may otherwise have adverse impact on the real estate and property sector," said its president Datuk Seri Michael Yam in a statement today.

Under Budget 2013, the RPGT rate effective Jan 1, 2013 will see an increase of 5% from 10% to 15% for properties sold within two years, and from 5% to 10% for properties sold within the third and fifth year.

What about in between 2nd - 3rd year? 10% or 15% applies?

[Laguna]

What about in between 2nd - 3rd year? 10% or 15% applies?

first two years from date of completion is 15%.
From third year is 10%.

One thing, I am not sure whehter the policy applies to all properties disregard the purchase date...look like this is the case.

[kane]

it's going forward for all purchases right?

[Laguna]

first two years from date of completion is 15%.
From third year is 10%.

One thing, I am not sure whehter the policy applies to all properties disregard the purchase date...look like this is the case.

Just spoke to my agent in Malaysia, the policy disregards whether u bot the unit before or after the new policy.

ie, if u buy in 2011, the new policy still apply

[buttercarp]

Just spoke to my agent in Malaysia, the policy disregards whether u bot the unit before or after the new policy.

ie, if u buy in 2011, the new policy still apply

Thanks.....that means those who bought their houses less than 5 years ago will be affected by this new ruling should they sell.

[Laguna]

Thanks.....that means those who bought their houses less than 5 years ago will be affected by this new ruling should they sell.

yes, from what I understood from the agent/developer.

[minority]

yes, from what I understood from the agent/developer.

This is typical Malaysia . That's why I never touch Malaysia.

[kane]

Just spoke to my agent in Malaysia, the policy disregards whether u bot the unit before or after the new policy.

ie, if u buy in 2011, the new policy still apply

wah, go retrospect. all those buy iskandar suck thumb?

[fiat500]

wah, go retrospect. all those buy iskandar suck thumb?

Just fyi, was told to me by a malaysian property agent that u can offset yr property gain tax with agent's com, lawyer's fees n some other household expenditures...
So at the end of the day,its not so bad.. No need to suck thumb afterall..