Like many Malaysians have already pointed out, bargaining is a very common thing around. Personally, I don't usually bargain. Mendokusai nan dakara.
As for taxis, they all have meters. Have heard stories that some of them meters "don't work well" and the price turns out to be, like Danny mentioned, "two pints of blood", but am not sure if those stories are true or not. All the taxis I have taken so far have been charging normal and acceptable fares.
But as some of you have said, it's not unusual to agree on ... (
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