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Most likely yes but...do u dare to short? That should be the question u need to answer. Your money, your choice.
rabbitfoot ( Date: 27-Oct-2013 16:02) Posted:
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Tomorrow sure drop one
lglg666 ( Date: 27-Oct-2013 13:47) Posted:
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Lucky for Rowsley is that it's project in Iskandar is not a huge one and its has medical hub besides other uses as a catch. Not purely a housing thingy so whatever impact should not to be bad. With the Sultan and RSP included...the whole thing is totally different to those incl Capitaland or Abel ones. My standpoint is if any project that can make it in iskandar then this is the one which will be the most standout of the lots to make it the BEST. My 2 cts
teeth53 ( Date: 27-Oct-2013 13:26) Posted:
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The political scenario had change since somewhat with Nazib in the driver seat, No more Mr 10% and his men to take in another 20%.
Iskandar maybe for those rich players and may not benefit local, except afew M'sia BBs.
This does not look good if it do not benefit local citizen, if there majority of local don get to enjoy the fruits they toll. (M'sia Boleh).
.....and if the bubble is un-stoppable, Can still follow S'pore way by mean of increases in stamp duties.....on another others 2nd 3rd or even 4th, 5th and other purchases. Since oversea clients is too super rich.
Yup agreed.
The recent news on M'sia budget on 6% GST, plus 30% tax and minimum of one RM$ million dollars to buyer may put a dent, whatever??., over a pc of property to own...is like what S'pore does, property to be tame at B4 it bubble out of control and get many would be players and thier own citizens into deeper financial trouble.
lglg666 ( Date: 27-Oct-2013 12:31) Posted:
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And we have a Sultan instead of a president....then Iskandar will be the playground for us. Have a beautiful Sunday. What happen in stock market....will still happen, if we want then we worry tml lor. Today we feast....cheers!
jamesng ( Date: 27-Oct-2013 12:18) Posted:
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Solidrock is right, news already out for sometimes.. wait4opp. :)
Iskandar project not only attracting Singaporean, it does open to other countries.. more ever don't under estimate Malaysian buying power,
also it doesn't necessary to push out only million dollar housing there..
i believes in Peter and his team! )
Solidrock ( Date: 27-Oct-2013 12:20) Posted:
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Due to the doubling and tripling in price for some of the properties there, the gov also got no other choice but to introduce measure to prevent their own citizens being priced out of the property there. Our gov also doing the same thing too. We cannot blame anyone for doing what they must to protect their own interest. As whether this is good for stock market ESP for those who have interest in Malaysian property, the answer is a big NO. There will be some knee jerk reactions....but when it comes to a low point, the price will stabilized then it will renounce from there. For what is a low point....your guess is as good as mine. My 2 cents advice....if too hot in kitchen then get out. If u are the strong one then just stay calm and look out for opportunities. Market goes down and up....just go with the flow or just stay still, the choice is your to take. Have a nice Sunday....worry tml.
Sealteam6 ( Date: 26-Oct-2013 20:31) Posted:
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Why Monday , the news already know 18 October ??
wait4opp ( Date: 27-Oct-2013 11:53) Posted:
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Perhaps one day, Woodlands become the central of Singapore........hahaha....
Sardin,
Short term cannot survive do not talk about long term.....
Monday short big big......Iskandar no hope liao......now restriction on buy.
2015 GST 6% .......
Monday all the iskandar related stocks will lao sai.......
auggroup will be another target to short.........
NO Value liao.....
DO NOT BELIEVED PLEASE BUY.......
Sardin ( Date: 27-Oct-2013 10:33) Posted:
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Are u the shortie? why so excited in this news? LoL
Iskandar is a Long term project lah.. Ai Zai! :)
CWC2929 ( Date: 27-Oct-2013 01:03) Posted:
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Malaysia, I will choose to buy rubber or palmoil plantations rather than property if I were to choose now
Solidrock ( Date: 27-Oct-2013 00:06) Posted:
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Cut and run..........mai tu liao............
At current price shortis already Mr. TAN KU KU liao..........................................................................................
How is other opinion ???
Have been under selling pressure for a few days buy 31 cents held
This may be the killer blow with bad news for Iskandar....
Higher costs of properties will deter Singaporeans buying....
What is worse is they cannot find Malaysians who will buy a $1m homes when they can get cheaper housing. Not many Malaysians can afford Myr1 m house will want to stay next to the jungle and plantations
Even if they can afford why offer much more than the minimum MYR1m
Quote:
Originally Posted by Jan
PUBLISHED OCTOBER 18, 2013
Malaysia's property sector fears S'pore-type measures
Severe blow if Budget 2014 makes such drastic moves
BY PAULINE NG IN KUALA LUMPUR
WITH flagging residential sales, Malaysia's property market would be dealt a crushing blow should overly drastic tightening measures including upfront buyer and seller stamp duties be introduced in Budget 2014, said a stockbroker.
One-size-fits-all measures will not work to curb spiralling prices but more targeted moves might, HwangDBSVickers said in a sector report ahead of the tabling of the Budget next Friday.
Its analyst, Yee Mei Hui, reckons that raising the real property gains tax (RPGT) and stamp duty could push house prices up as sellers would try to pass the increases onto buyers, or delay disposal, leading to even tighter supply. She was also against the reduction of loan-to-value ratio on second outstanding property loans, saying this would affect genuine upgraders.
She said: "What would kill Malaysia's property market, in our view, is if the government emulates Singapore's severe measures: imposing upfront stamp duty for buyers and sellers (irrespective of whether there was a profit). Such heavy-handed measures will not only drag down the already softer secondary market, but also turn away foreign investors (already small compared with other markets in the region).
__________________
Have been under selling pressure for a few days buy 31 cents held
This may be the killer blow with bad news for Iskandar....
Higher costs of properties will deter Singaporeans buying....
What is worse is they cannot find Malaysians who will buy a $1m homes when they can get cheaper housing. Not many Malaysians can afford Myr1 m house will want to stay next to the jungle and plantations
Even if they can afford why offer much more than the minimum MYR1m
Quote:
Originally Posted by Jan
PUBLISHED OCTOBER 18, 2013
Malaysia's property sector fears S'pore-type measures
Severe blow if Budget 2014 makes such drastic moves
BY PAULINE NG IN KUALA LUMPUR
WITH flagging residential sales, Malaysia's property market would be dealt a crushing blow should overly drastic tightening measures including upfront buyer and seller stamp duties be introduced in Budget 2014, said a stockbroker.
One-size-fits-all measures will not work to curb spiralling prices but more targeted moves might, HwangDBSVickers said in a sector report ahead of the tabling of the Budget next Friday.
Its analyst, Yee Mei Hui, reckons that raising the real property gains tax (RPGT) and stamp duty could push house prices up as sellers would try to pass the increases onto buyers, or delay disposal, leading to even tighter supply. She was also against the reduction of loan-to-value ratio on second outstanding property loans, saying this would affect genuine upgraders.
She said: "What would kill Malaysia's property market, in our view, is if the government emulates Singapore's severe measures: imposing upfront stamp duty for buyers and sellers (irrespective of whether there was a profit). Such heavy-handed measures will not only drag down the already softer secondary market, but also turn away foreign investors (already small compared with other markets in the region).
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Sealteam6 ( Date: 26-Oct-2013 20:31) Posted:
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Expensive is a relative term, anyway, the prices there has already doubled, some even tripled for those landed plots. Is there any value in those ppl going in now? Or even those firms setting up shell companies to raised cash for already elevated prices.
lglg666 ( Date: 26-Oct-2013 20:19) Posted:
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Still this measure by the Malaysian side may not to good for any developer who doing biz there for the short term. But if this measure is view for the longer term then one can understand why it's needed. They need to protect their own citizens.
jamesng ( Date: 26-Oct-2013 12:49) Posted:
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S $400k is nothing as u can take.loan..but..30% taxes on profit is somethings to me....5years ..quit a long time to wait ...
1 million is about 400k S$. I think it is still not too expensive as compared to our property here.
I still think in the medium to long term, it is a good value for money.......more local developer will move north soon......