Implementation Of A Maximum LTV of 70%, for 3rd properties and beyond only...
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 Nov 4 2010, 12:14 PM
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#1
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Junior Member
35 posts Joined: Oct 2010 
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can relax bit now.
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Nov 4 2010, 12:18 PM
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#2
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Junior Member
35 posts Joined: Oct 2010
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Pure commercial prop excluded. Party on for shops, can loan up to 80-85%
 This post has been edited by yfo: Nov 4 2010, 12:19 PM |
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Nov 4 2010, 02:18 PM
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#3
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Junior Member
35 posts Joined: Oct 2010
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QUOTE(furryfluffy @ Nov 4 2010, 02:14 PM) Check your line of thought. What are you doing with the first two property? can't they just sell off the 1st house and upgrade? "Upgraders"? So government must protect this group of "upgraders" coz they so kesian: 1st property only a small apartment  , and 2nd is investment, and then  when they need to pay 30% deposit coz this LTV 70% is so unfair coz they wanna genuinely "upgrade" to a "proper" house to stay...?  |
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Nov 6 2010, 02:14 PM
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#4
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Junior Member
35 posts Joined: Oct 2010
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QUOTE(Iceman74 @ Nov 4 2010, 02:23 PM) if really for own staying, it is always advice settled the loan ASAP why not just settled the loan since it small apartment/loan & buy the dream house with 90% loan lor  unless already cannot afford in the first place QUOTE(Drian @ Nov 4 2010, 02:23 PM) Excuse ma, they still want to own three properties. QUOTE(kochin @ Nov 4 2010, 02:25 PM) 1st house is the golden goose mah. If so greedy yet insufficient fund, then who is to be blaim? without the golden goose eggs, who knows maybe insufficient fund to pay mortgage for the 3rd one leh.   |
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Nov 6 2010, 08:43 PM
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#5
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Junior Member
35 posts Joined: Oct 2010
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QUOTE(Pai @ Nov 6 2010, 08:16 PM) somehow I think this cap wont last more than 24 months....... Got money, got opportunity, then buy  |
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