Slowing GDP growth in Malaysia for 2015 versus 2014 is real. So, are we going to get to buy cheaper properties soon? In a report, MIDF Research said that growth for Q1 2015 was expected to be between 5.0 – 5.2 percent. It may be on the higher end if we take the ‘crazy’ buying … Read moreSlowing GDP, new GST and property price up/down?
While the government has announced that GST will be effective from 1st April 2015, there has also been lots of other announcements by everyone that this may not happen. Or this may happen but it will push up house prices. Some say GST will cause transactions to go down. Whatever is said is not really … Read moreGST for new properties. Higher than 3%? Try it and see.
GST is a hot topic these days. Online, newspapers, radio, coffee shop chat topics. What’s in, what’s out, why so many items, why not make the list simpler? Why buy now? With GST, surely property market will slow down? Some say, with GST, property prices will increase instead because everything is up, how can property … Read moreGST and Property, nothing much, sorry.
In a news report in a local daily (24 September 2014), according to Real Estate and Housing Developers’ Association (Penang) chairman, Datuk Jerry Chan, 50-70% of home buyers have their loan applications rejected. He also said that while transactions has dropped so far for 2014, it will improve from November onwards. The reason for the … Read more50-70% of loan rejections for property buyers, transactions to improve in November
Reported in the Star on 29th July. According to UEM Sunrise Bhd’s executive director, Datuk Izzaddin Idris, after GST is implemented, demand for homes may slow down. This is especially do in the second quarter of next year. This was also based on the scenarios in other countries which has implemented GST. Thus, the environment … Read moreWith GST, demand may slow down next year. True?
What happens if kopiandproperty.com tells you that 2nd half of 2014 is going to be better than first half? Please read other news to see if it is true. However, if a top developer in Malaysia says so? Well, I think we can believe it slightly more. Mah Sing Group Bhd said that buying momentum … Read more‘Stronger’ 2H expected, ahead of GST
Property transactions soaring since 2009 – 2011. Property transactions started tumbling in 2012 and continued in 2013 and should still continue in 2014. What about the effect of GST? Would everyone be rushing to buy 1-2 quarters before GST and push up the prices further and 1-2 quarters after GST, the prices come tumbling down, … Read moreSoaring and Tumbling after GST like Australia? Not likely.