Developers to benefit are those who built for first home buyers. Huayang was named. So very likely to see active buying tomorrow. I bought again fri. Good luck.
Depends if you can hold. TP long term is rm3.10. Since budgdt mentioned developers that build for first time buyers cos lower price, each home built they get rm30k from govt! Can be mid term also as price gone lower after bonus issue recently. Do your home work .. Go to dividend section and you see they reward shareholders. All the best to you!
how come fail...it reached 2.07 then 2.06....is this a bluff? or placing order after it has move up a little bit back ..tuesday i f want ...place buy order at 2.03...u might get....then it will break RM 2..haha
whatever either mah sing or hua yang...speculators cannot just hope in like before...sure hua yang will fell more...the good comment by kenanga is nothing bro...how come it is still good..affordable? for whom? for speculators? still can't make profit with 30% RPGT...hua yang will not be spared...trust me...if not...we'll see then...
GST does not effect property. The killing point most people think will be the Tax hike, DIBS and rstrict foreign buying at >1mil. Hua Yang most likely no impact from DIBS. But foreigners wont be able to buy Hau Yang property (<1 mil affordable housing) and tax hike will see less buying and selling on properties. Gov also announce project to build more affordable housing, this is where Hua Yang comes in play if the projects falls into their hand.
"Budget 2014’s property cooling measures was not likely to have an adverse effect on Hua Yang as it had no exposure to DIBS (developer interest bearing scheme), "
Or you can check Hua yang project on its website. Very good information you can find from its website
Over paid for land in Puchong n Seri kembangan meant for highend high rise speculators. As such sales will be severly affected by measures in Budget 2014 and therefore not able to meet revenue and profits. TA report/analysis with TP at RM 4.04 is utter rubbish
Not a single expert and analyst raise the issue of GST on property. If GST does not affect why is it then that it is announced in the Budget 2014 stating that "The sale, purchase and rental of residential is exempted from GST"?. If GST does not affect property, why is it then necessary to say residential is exempted? It implies ,I suspect, all commercial sale, purchase and rental will have to pay GST. Nearly all residences, service suites, service apartments SOHO, SOFO, VOFO etc etc are classified as Commercial under the NLC and in the Title. If that is the case then all such commercial will have no more buyers. So beware and be cautioned. Caveat emptor
*would be exempted from GST - essential food items, transport services including toll payments, purchase and rental of residential properties and selected financial services.*
Fairjimmy! I disagree with you on issue of GST for propperties! Furthermore most bulding materials are internally manufacture domesticly! However, indirectly those imported materials may subject to GST!
Fortunebull, you are entitled to your disagreement but I suggest you read and interpret very carefully. If commercial not subject to GST, why bother to even mention residential property is exempted. For that matter all materials all along the supply chain is subject to GST and all non essential food items. Unless najib screw up making a mistake
Yes fairjimmy is correct that material GST is a concern. Sales of property "may not" incurred GST in price tag , example you bought a $500k house will not have $30k tax, however the house price may increase indirectly due to material brought in to build the house carries 6% tax, if this is true. All this will pass down to buyer eventually.
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Posted by sephiroth > 2013-10-27 20:31 | Report Abuse
no formula, current price is already quite attractive ,so every 10% down, i'll grab some