大马房地产价格将会持续上涨

u0508950

http://www.propertyguru.com.my/p ... 4&utm_content=links

继今年第一季度的8% 上涨后, 马来西亚房地产有望继续上涨, 因为发展商将会把上涨的成本转嫁到买家身上. 不过更高的售价不代表发展商赚更多的钱, 因为在国内的营运成本已经增加了20%.

马来西亚政府将会反复思考推出新的冷却措施以缓和上涨的房地产价格, 尤其是在可负担房屋这个领域.

Following the rise of eight percent in Q1 2014, property prices in Malaysia are expected to increase further as developers pass on the increasing cost of developing houses to buyers, Credit Suisse said in a report.
However, higher selling prices does not equate to heftier profits for developers as the cost of doing business in the country has climbed by 20 percent in 1H 2014.
“Margins are being compressed,” said Credit Suisse – which is negative on the sector.
The report noted that property sales, particularly in the affordable category, had moderated since the start of 2014 as measures aimed at curbing speculative acquisitions dampened sentiment in the market.
The government mulls rolling out additional measures to cool down increasing property prices, with specific plans to address concerns on affordable housing.
Credit Suisse believes that measures targeted at facilitating home ownership among middle and lower income groups – such as allowing developer interest bearing schemes for first-time home buyers or those below a particular income level – would be positive for the sector.
“However, a blanket policy to stop the rise in property prices would be negative as sentiment is already so low,” it said.
According to media reports, the Real Estate Housing Developers Association’s 1H 2014 property industry survey showed that majority of developers are either negative or neutral of the property sector’s outlook for 2H 2014.
It is also expected for this sentiment to persist in 2015, with only 13 percent of respondents optimistic for 1H 2015. Notably, developers have been holding back new launches this year, with only 39 percent of respondents launching in 1H 2014, down from last year’s 52 percent.
At the same time, take-up rates dropped to 49 percent. This is the first time it fell below the 50 percent level.
Despite the soft market condition, Credit Suisse expects property prices to continue to head north in 2015 as input costs are pushed up by the Goods and Service Tax (GST).
“Residential properties are GST exempt, but developers would look to pass on the higher costs via higher launch prices,” it said.

wooyen

应该GST执行之前都会比较平稳
过后就难以预测