Those properties flipper would have $$$ by now since they flipped from 2000 when interests rate is so much lower.

Now should have no problem in $$$, only newer batch would be caught in the supposed ruling.

Alas just Wait n see.

Measures in Promoting a Stable and Sustainable Property Market and Sound Financial and Debt Management of Households

Bank Negara Malaysia wishes to announce with immediate effect the implementation of a maximum loan-to-value (LTV) ratio of 70%, which will be applicable to the third house financing facility taken out by a borrower. Financing facilities for purchase of the first and second homes are not affected and borrowers will continue to be able to obtain financing for these purchases at the present prevailing LTV level applied by individual banks based on their internal credit policies. The measure aims to support a stable and sustainable property market, and promote the continued affordability of homes for the general public.

Source : http://www.bnm.gov.my/index.php?ch=8&pg=14&ac=2159

My intepretation :

1. 3rd House Financing - 3rd Property Financing to be taken with any financiers. Financiers can check the financing via CCRIS which will report under House Financing. I believed it will be irrespective under Single or Joint. So as long as 2, 90% and 3rd falls into 70%.

2. Borrower term is subjective, could be individual or company. Best singled out both - 70% if 3rd property but Company, not sure if check Directors too.

Should be clear in few days time, as usual govt loves to give out vague guidelines.