Living in Malaysia is expensive

If you don’t know already, it’s expensive to live in Malaysia, especially in Kuala Lumpur. A report shows that Malaysians have less purchasing power than many nationals elsewhere.

http://sgstb.msn.com/i/50/32A3569D915C9AFEDE72EA1EC75.jpg

The Malaysian Insider, an online Malaysian news website, examined the purchasing power of Malaysians in comparison to nationals of other countries. The website cited a 2010 Prices and Wages report by UBS AG, a Swiss banking giant.

Here are the highlights:

The purchasing power of KL residents is 33.8% of New Yorkers; 42% compared to London, 33.7% to Sydney, 32.6% to Los Angeles, and 31.6% to Zurich.

KL workers need to labour 22 minutes for a bread loaf. In comparison, Los Angeles counterparts take 18 minutes. In Sydney, it’s 16 minutes. In Tokyo, 15 minutes. In Zurich, 12 minutes.

The Malaysian Insider also compared broadband prices in Malaysia to those in countries. Even after currency conversion, Malaysia comes out on top… in expensiveness. Here’s the summary:

Kuala Lumpur - 5Mbps broadband package - RM149
London - 10Mbps broadband package - GBP13.50
Melbourne - 5-8Mbps broadband package - AUD40
New York - 7Mbps broadband package - USD41.95

Here’s another tidbit from The Malaysian Insider article:

[b]In KL, a Honda Civic is priced at RM115,000 - 20 times an auditor’s average monthly earnings.

In Melbourne & London, the price is respectively AUD25,000 and GBP19,000 - 3 times an auditor’s average monthly earnings in those places.[/b]

taken from news.malaysia.msn.com

*** why do we have to pay more? who are going to enjoy our hard earned money? :roll:

if it’s on car sector, those AP lar that makes the car expensive - to make who richer?

u take a guess.

I’m more surprise it took them that long to realise. Cancel the AP thing, a whole chunk of our money (approx. RM40,000) could be spend on other stuff. This also lead to cascading effect where other business can bloom and cheaper retails due to increased spending money. Unfortunately a bit hard now cause it will affect a lot of car sellers and second hand dealers. All thanks to Mahathir and his useless ego.

… and all the leakages which seem too many to plug off… :x

they are gonna need to use mount everest to plug up the hole they made…

:>

mount everest enough?

moon then…

good enough?

stay in the kampong and work for your food

Mahathir… father of Malaysia destruction

lol… yea well, HE did made the comment “Soros is a moron” that caused the malaysian ringgit to drop like a rock…
forgot what year it was though…

impossible. kampung land for bumi only and distributed to landless bumis only. chinese and indian born,live,die,their destiny in city ghettos and service sectors only. how to survive on potted plants in city?

impossible. kampung land for bumi only and distributed to landless bumis only. chinese and indian born,live,die,their destiny in city ghettos and service sectors only. how to survive on potted plants in city?[/quote]

like this guy http://growingpower.org/aquaponics.htm

1/2 acre can produce tons of food per month

impossible. kampung land for bumi only and distributed to landless bumis only. chinese and indian born,live,die,their destiny in city ghettos and service sectors only. how to survive on potted plants in city?[/quote]

true enough… ;p