Budget 2014 ~ Any good news for Property?

So fast another year gone....[Previous post for 2013]

Real Property Gains Tax (RPGT) for Citizens

• properties disposed within 3 yrs ~ RPGT raised to 30% from previously within 2 yrs @ 15%
• disposed up to 4th yrs ~ RPGT raised to 20% from previously within 2 to 5 years @ 10%
• disposed up to 5th yrs ~ RPGT raised to 15% from previously within 2 to 5 years @ 10%
• after 5 years RPGT not applicable (except for companies @ 5%)

Real Property Gains Tax (RPGT) for Non-Citizens

• properties disposed within 5 yrs ~ RPGT @ 30%
• after 5 years RPGT @ 5%

Good for Investor?

To me, definitely not. You are taking more risk now to invest in properties. What risk?

1. High property price (some ppl might disagree with this) 
2. You might need to hold the property longer before able to cash in for profit
3. Higher RPGT (increased 100% for first 2 yrs; increased 300% for 2 to 4 yrs; increased 200% for 4 to 5 yrs). Increase further in 2015??
4. Higher BLR in future?
5. Reduce further for the housing loan ratio in future for 2nd, 3rd or subsequent property?
6. Less foreigners to invest in Malaysia ~ minimum purchase price for foreigners increased from RM500k to RM1million

As mentioned in my previous post {Click Here} I don't believe Malaysia will STOP creating more rules and regulations to harm the property market ..... we have seen this happened in 2013.... now more to come in 2014.....

Previous statement "More rules & regulations to come after election?" My believe came true again...

Beware & all these will only change to favour Investor when property market crashed.

Heard about Goods and Services Tax (GST) before? This is another thing to keep an eye on it. It will be implemented at 6% from 1 April 2015. Currently it advised that Sale, purchase and rental of residential properties as well as selected financial services are exempted from GST ~ but who knows this might change in Budget 2016?

By the way, it doesn't means that one shouldn't buy now, you just need to take more into account during this period eg. monthly repayment, rental market, how secure is your job/income, better than paying rent to owner etc.  

Good luck with your investment!!! ^_*

Why Invest?? That's How Billionaires Made Their Fortune

Why invest? This is a way to fight against inflation, get your wish list i.e. bungalow, luxury car, holidays etc. and have a better life.

You might say I don't want to be Billionaire and just want a normal life. But how do you fight against inflation?

Ten years ago or more, you might able to get a fried noodle for RM2.50. Nowadays hardly you can get that, maybe it will cost you around RM5.00 now or even more. That's 100% increased or approx. 10% increased per annum.

Does your salary increase 10% per year? Yes? You must be a lucky one! :)

So how do you fight against inflation? Put in the bank to get approx. 3% per annum for FD a/c [click here for Banks FD Rates]; stay further away from the city centre; cut your expenses; increased your debt with higher mortgage, personal loan, car loan etc.; move oversea to get higher pay and better life??

To me, one of the way to fight against inflation is through Investment unless you are the lucky one as mentioned above or you have rich parents.

Latest news from Forbes shows:

Top 10 Ways to Become a Billionaire

Self-made Forbes 400 billionaires
1. Investments: 77
2. Technology: 45
3. Real Estate: 22
4. Fashion and Retail: 18
5. Media: 17
6. Food and Beverage: 15
7. Energy: 12
8. Health care: 11
9. Sports: 10
10. Manufacturing: 10

Top 10 Ways to Become a Billionaire

Heirs on the Forbes 400
1. Investments: 19
2. Service: 17
2. Fashion and Retail: 17
3. Energy: 16
4. Food and Beverage: 14
5. Media: 11
6. Manufacturing: 10
7. Real Estate: 5
8. Diversified: 3
8. Technology: 3
8. Health Care: 3

Previous

Top 10 Industries Producing U.S. Billionaires

1. Investments: 100
2. Technology: 51
3. Media: 37
4. Energy: 35
5. Food and Beverage: 31
6. Service: 31
7. Fashion and Retail: 28
8. Real Estate: 27
9. Manufacturing: 18
10. Sports: 15

Global Top 10 Industries Producing Forbes Billionaires

1. Investments: 143
2. Fashion & Retail: 123
3. Real Estate: 102
4. Diversified: 97
5. Technology: 90
6. Manufacturing: 85
7. Energy: 78
8. Finance: 77
9. Food & Beverage: 69
10. Media: 64

[Read more from Forbes]

Now you can see why we shall invest?

Good luck with your investment!! ^_*



Company Reviews ~ Sept 2013

For previous info {Please Click Here}

Aeon (6599) ~ current price @ 15.40
Sept 2013 - Affin Research ~ target price 13.80

Affin Holding (5185) ~ current price @ 4.22
Aug 2013 - CIMB Equities Research ~ target price 3.70

Sept 2013 - CIMB Equities Research ~ target price 3.70

AirAsia X (5238) ~ current price @ 1.08
Sept 2013 - Maybank KE Research ~ target price 1.30
Sept 2013 - Affin Research ~ target price 1.40

Alam Maritim (5115) ~ current price @ 1.49
Aug 2013 - Affin Research ~ target price 1.80

Sept 2013 - Affin Research ~ target price 1.80

Astro (6399) ~ current price @ 2.92
Sept 2013 - CIMB Equities Research ~ target price 3.44

Axiata (6888) ~ current price @ 6.90
Sept 2013 - UOB Kay Hian Malaysia Research ~ target price 7.45

BAT (4162) ~ current price @ 63.36
Sept 2013 - RHB Research ~ fair value 54.60

Benalec Holdings (5190) ~ current price @ 1.18
Aug 2013 - AmResearch ~ fair value 2.02

Sept 2013 - Affin Research ~ target price 1.98

Bintulu Port Holdings (5032) ~ current price @ 7.76
Sept 2013 - RHB Research ~ fair value 7.51

Bonia (9288) ~ current price @ 3.06
Sept 2013 - Affin Research ~ target price 3.55

Bursa Malaysia (1818) ~ current price @ 7.55
Sept 2013 - Affin Research ~ target price 9.00

Carlsberg (2836) ~ current price @ 12.86
Sept 2013 - RHB Research ~ fair value 11.31

CB Industrial Product Bhd (7076) ~ current price @ 2.79
Aug 2013 - HwangDBS Vickers Research ~ target price 3.10
Aug 2013 - RHB Research ~ fair value 3.64

Sept 2013 - HongLeong Investment Bank Research ~ target price 3.39

Censof (5195) ~ current price @ 0.50
Sept 2013 - Kenanga Research ~ target price 0.61

Daya Material (0091) ~ current price @ 0.325
Sept 2013 - Public Invest Research ~ target price 0.37

Dialog Group Bhd (7277) ~ current price @ 2.62 
Aug 2013 - Affin Research ~ target price 3.37
Aug 2013 - CIMB Equities Research ~ target price 3.34

Sept 2013 - AmResearch ~ fair value 3.40

DRB-Hicom (1619) ~ current price @ 2.56
Aug 2013 - PublicInvest Research ~ target price 3.53

Sept 2013 - AmResearch ~ fair value 3.65

Eastern & Oriental  Bhd (E&O) (3417) ~ current price @ 2.02
Aug 2013 - RHB Research ~ fair value 2.60

Sept 2013 - RHB Research ~ fair value 2.70

Engtex Group Bhd (5056) ~ current price @ 1.42
Sept 2013 - Kenanga Research ~ fair value 1.59

Eversendai (5205) ~ current price @ 1.42
Aug 2013 - Affin Research ~ target price 2.37

Sept 2013 - Affin Research ~ target price 2.19

Gabungan AQRS (5226) ~ current price @ 1.23
Sept 2013 - Affin Research ~ target price 1.72

Gamuda (5398) ~ current price @ 4.65
Sept 2013 - Maybank KE Research ~ target price 5.30
Sept 2013 - CIMB Equities Research ~ target price 5.66

Genting Malaysia (4715) ~ current price @ 4.33
Aug 2013 - UOB Kay Hian Research ~ target price 4.47

Sept 2013 - Maybank KE Research ~ target price 4.85

Glomac (5020) ~ current price @ 1.16
Sept 2013 - MIDF Research ~ target price 1.46

Guinness (3255) ~ current price @ 17.18
Sept 2013 - RHB Research ~ fair value 15.19

Hartalega (5168) ~ current price @ 7.25
Sept 2013 - RHB Research ~ fair value 7.95
Sept 2013 - Maybank KE Research ~ target price 6.71

Hovid (7213) ~ current price @ 0.29
Sept 2013 - Public Invest Research ~ fair value 0.29

IJM Corp Bhd (3336) ~ current price @ 5.81
Aug 2013 - CIMB Equities Research ~ target price 6.43

Sept 2013 - CIMB Equities Research ~ target price 6.57
Sept 2013 - Affin Research ~ target price 7.42

IJM Land (5215) ~ current price @ 2.77
Aug 2013 - Affin Research ~ target price 3.77

Sept 2013 - RHB Research ~ fair value 3.70

Instacom (0069) ~ current price @ 0.29
Sept 2013 - RHB Research ~ fair value 0.51 

JTI (2615) ~ current price @ 6.56
Sept 2013 - RHB Research ~ fair value 5.72

Kimlun (5171) ~ current price @ 1.89
Sept 2013 - Maybank KE Research ~ target price 2.38

Kossan (7153) ~ current price @ 6.98
Sept 2013 - Affin Research ~ target price 7.20
Sept 2013 - CIMB Equities Research ~ target price 7.94
Sept 2013 - Maybank KE Research ~ target price 7.60

KPJ (5878) ~ current price @ 6.40
Sept 2013 - PublicInvest Research ~ target price 6.20

Lafarge Cement (3794) ~ current price @ 9.66
Sept 2013 - CIMB Equities Research ~ target price 10.48

Mah Sing Group (8583) ~ current price @ 2.41
Aug 2013 - CIMB Equities Research ~ target price 3.16

Sept 2013 - Maybank KE Research ~ target price 2.50

Malaysia Smelting Corp (5916) ~ current price @ 2.68
Sept 2013 - RHB Research ~ fair value 2.35

Matrix Concepts (5236) ~ current price @ 2.86
Sept 2013 - Hong Leong Investment Research ~ target price 3.40

Maybank (1155) ~ current price @ 9.87
Aug 2013 - CIMB Research ~ target price 11.90
Aug 2013 - Kenanga Research ~ target price 11.00

Sept 2013 - RHB Research ~ target price 11.70
Sept 2013 - HLIB Research ~ target price 11.36

Media Prima (4502) ~ current price @ 2.81
Sept 2013 - Maybank KE Research ~ fair value 2.40

Mudajaya Group (5085) ~ current price @ 2.76
Aug 2013 - CIMB Equities Research ~ target price 3.02

Sept 2013 - CIMB Equities Research ~ target price 3.24

Malaysian Resources Corporation Bhd (MRCB) (1651) ~ current price @ 1.47
Aug 2013 - Affin Research ~ target price 2.37
Aug 2013 - CIMB Equities Research ~ target price 1.59

Sept 2013 - Affin Research ~ target price 2.37
Sept 2013 - CIMB Equities Research ~ target price 1.64

Pestech International (5219) ~ current price @ 2.39
Sept 2013 - RHB Research ~ fair value 2.82

Pos Malaysia Bhd (4634) ~ current price @ 5.47
Aug 2013 - HwangDBS Vickers Research ~ target price 5.60

Sept 2013 - AmResearch ~ fair value 6.02

Press Metal (8869) ~ current price @ 2.21
Sept 2013 - RHB Research ~ fair value 2.77

Public Bank (1295) ~ current price @ 17.90 
Aug 2013 - AmResearch ~ fair value 19.80

Sept 2013 - UOB Kay Hian Malaysia Research ~ target price 20.50

RHB Capital (1066) ~ current price @ 7.74
Sept 2013 - CIMB Equities Research ~ target price 11.30

Sersol Bhd (0055) ~ current price @ 0.53
Sept 2013 - SJ Securities Research ~ target price 0.79

Sime Darby Bhd (4197) ~ current price @ 9.55
Sept 2013 - CIMB Equities Research ~ target price 10.27

SP Setia (8664) ~ current price @ 3.20
Sept 2013 - MIDF Research ~ target price 3.45

Supermax Corp Bhd (7106) ~ current price @ 2.54
Aug 2013 - Maybank Research ~ fair value 2.78
Aug 2013 - CIMB Equities Research ~ target price 3.02

Sept 2013 - Affin Research ~ target price 2.82
Sept 2013 - CIMB Equities Research ~ target price 3.02

Tan Chong Motors Bhd (4405) ~ current price @ 6.45 
Aug 2013 - CIMB Equities Research ~ target price 8.00

Sept 2013 - Maybank KE Research ~ target price 7.45

Tenaga Nasional (5347) ~ current price @ 9.02
Sept 2013 - RHB Research ~ target price 10.13

UMW Holdings (4588) ~ current price @ 11.78
Sept 2013 - CIMB Equities Research ~ target price 12.83

Wah Seong Corporation (5142) ~ current price @ 1.70
Sept 2013 - AmResearch ~ fair value 1.90
Sept 2013 - CIMB Equities Research ~ target price 2.70

Westports (to be listed soon)
Sept 2013 - JF Apex Research ~ target price 2.97

*Please note that above just some quick information. You still need to find out more info about how they calculated their target price/fair value.*