House! House! House! Can i afford one?

Some of you might wonders why on earth i chose this topic to rant this time. The reason is simple: I would love to own a dream house which can cater my needs and suitability. The recent moving out from Denai Alam (DA) proves that to be there is a need to own a house.

My ideal home is of course landed property. The DA home was ideal for me, at least (I will not ask for more!). But since i had to move to Bkt Subang, which is a little bit smaller in size, i totally understand why most of DA's residents were actually from Bkt Subang. The car porch barely fit in 2 cars. The stupid pillars in the middle of the porch make life even more miserable. So, we usually park one of the car outside.

Oh wait, I want to talk about the trend of rising properties' prices in MAJOR CITIES in Malaysia.

The recent article proves my point. Read here.

The recent check at landed properties price in Shah Alam shows that most of the housing were built to cater those who could afford monthly installments of at least RM1,800- RM2,000. Denai Alam just launched new project called Lavender and the price is RM700,000 and above. Mind you, the houses have not been built as yet but the price is ridiculous!

Imbalanced society

Houses should be affordable by the masses. The increase of properties price may affect society in long term. The imbalance of society structure will create a long-term problems such as crimes and economic disparity. Most developers build houses in limited numbers and put up a very expensive price for the riches. A development must be inclusive all type of society. In my opinion, a housing project must reflect the true picture of society. For example, the riches, middle-classes, and low-earners should be 1 area vs one exclusive area for the riches.

At the same time, i do not deny the reason why people invest in property is because of its potential to appreciate and some people invest to earn extra income. No doubt about that. However, things got worse when the developer and the speculators speculate. The implication is far-reaching because it will influence the price of other properties as well. I applaud the recent move by Bank Negara Malaysia for capping subsequent purchase up to 70% of the housing loans. This will curb the speculation and escalating price of property in Malaysia. I am true believer that the properties will go bust soon. We are following the same trend in the US where the properties price was skyrocketing and easy-credit by the banks.

Jangan sombong
I have a friend who now somewhere not in Malaysia. Sent that person SMS and messages to ask for some favour. But never bother to reply. Fine. I suppose that person was busy or maybe hibernating or something.

Then, on other days i IM-ed that person as usual. Also no reply. As if i appeared invisible to that person.

Ok, that's it. I think some people out there are born with that. I cannot fathom why some people are just being that 'courteous'. Is it because of where that person is now?

Sigh...janganlah macam tu.