Hi,

I have a few questions that wants to ask fellow bankers that is around here.

1.I am currently working in Singapore. I wanna know can we buy a house in Malaysia if we are working in Singapore?
2.how do bank calculate our income and the chances of getting the loan approve?
3 lets say i got $2k in Singapore. its = RM4.8k in Malaysia. will they calculate as i am earning RM2k in Malaysia??

Thanks in Advance

This post has been edited by Lester1987: Feb 25 2010, 01:44 PM

Why do you need a banker to explain? How about people whom work in Singapore and buy houses in JB?

I am planning to buy in KL as i am from KL, how they calculate our salary? does conversion rate included when they check our financial ability?

If you really make 4.8K (gross salary before deductions and expenses,) you can barely afford a house in a decent neighborhood in KL.

As long as the income document is valid and acceptable by the banks respective credit officer, yes u can.


banks will factor in the currency exchange at the time of application.

based on ur salary times 2.4 lor

Can la.. but u need IRAS instead of payslip. My loan was approved based on my IRAS 2009. And they do consider the convertion.

agree