Year in , Year out , the house price in Malaysia shown a rapid increase without any apparent reason and in a speculative manner . The idea to own a house before reaching age 30 , it seems to be a grandeur master plan . The economy distribution in Malaysia is uneven as some place like Klang Valley and Penang are more densely populated due to the greater economy growth and opportunity . The continuous flow of rural-urban migration attributable to Development Promise and intentionally inefficient economy plan by Barisan Nasional with a high concentration of industrialization and infrastructure on White area (Read Barisan Nasional constituency )
For instance , Klang Valley have become an expensive place to live . The city heavily developed with the boundary of inner-city and outer-city not exist at all . KL Golden Triangle (and surrounding) becoming extremely expensive to inhabit . Most of the lands have been reserved for redevelopment (shopping centre , office , etc) . So , only a small portion of land have been spared for up scale housing project . Up scale Apartment with 750 sqft for MYR 1 Million ? Anyone ? Another case of demand and supply .
Since it is almost impossible to live in KL , the options are available for us ; Subang , Petaling Jaya , Shah Alam . But again , we are facing similar problem like KL at these area .Expensive .
New development area (Shah Alam area ) :- Kota Kemuning , Bukit Bandaraya , Setia Alam . Rapid increase of price due to newly built highway and within 5-15 minutes from Shah Alam .
The house price is correlated with the land value , connectivity (read highway and public transport) and future development .The Cardinal Rule ; If Government can ensure fair distribution of development (infrastructure) and reliable public transport , a house at Bukit Beruntung and office at Klang is possible .
But sometimes , I'm thinking Government with all respect , intentionally to ensure that Car Price remains high as possible (to save Proton) and let innocent Malaysian to stay away from city and keep paying toll .
Conclusive as ever .
The demonic simple Economy Theory in the mould of Demand and Supply has been applied by unholy trinity of Bank , Developer and Valuer .
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