Are property prices going to up further? V3
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 Nov 19 2011, 07:53 AM
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Senior Member
930 posts Joined: Sep 2009 
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I do not expect much to change even with the new guidelines. Whether net income or gross income does not matter, what matters are the DSR limits applied and banks have always been free to determine their own DSR.
Even with the "killer" 70% MOF ruling implemented, mortgage volumes are actually higher this year |
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Nov 19 2011, 09:10 AM
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All Stars
13,761 posts Joined: Jun 2011
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QUOTE(tikaram @ Nov 19 2011, 01:58 AM) She is good. Haha y dun v create a forum to support her as PM???I hope she become PM too, first female PM. But those big bank might going to lobby she can't be selected for PM. Just see the title in sin chew, 負責任的貸款指南 'Guidelines on Responsible Finance " She is tembak bullet direct to big bank la. She is going to have some problems with the fat cat banker. She need all the good wishes from us.  |
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Nov 19 2011, 12:30 PM
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Senior Member
2,442 posts Joined: Jan 2009
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QUOTE(R o Y @ Nov 19 2011, 07:53 AM) I do not expect much to change even with the new guidelines. Whether net income or gross income does not matter, what matters are the DSR limits applied and banks have always been free to determine their own DSR. 70% + gross income is really a killer now Even with the "killer" 70% MOF ruling implemented, mortgage volumes are actually higher this year  .... This has impact on those who wish to own first and second home. |
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Nov 19 2011, 09:27 PM
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Senior Member
3,037 posts Joined: Dec 2007 From: 6-feet under 
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hey guys,
is it safe to invest in luxury condominiums in Tmn Desa? Will we see a decline in prices due to the economy in european countries? |
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Nov 19 2011, 10:10 PM
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Senior Member
2,113 posts Joined: Dec 2008
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The party continues ..
Q3 GDP up by a surprising 5.8% http://biz.thestar.com.my/news/story.asp?f...45&sec=business |
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Nov 19 2011, 10:10 PM
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Senior Member
930 posts Joined: Sep 2009
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QUOTE(nkhong @ Nov 19 2011, 12:30 PM) 70% + gross income is really a killer now First and Second home buyer not affected by the 70% MOF. .... This has impact on those who wish to own first and second home.What talking you? |
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Nov 20 2011, 01:23 AM
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Senior Member
2,442 posts Joined: Jan 2009
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QUOTE(R o Y @ Nov 19 2011, 10:10 PM) First and Second home buyer not affected by the 70% MOF. I mean 70% + net income ... Loan based on net income would has impact on first and second home buyer ...What talking you? |
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Nov 20 2011, 03:30 AM
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Senior Member
864 posts Joined: Apr 2006
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QUOTE(nkhong @ Nov 20 2011, 01:23 AM) I mean 70% + net income ... Loan based on net income would has impact on first and second home buyer ... What talking you? |
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Nov 20 2011, 10:52 AM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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share why will impact?
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Nov 20 2011, 11:59 AM
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Senior Member
2,442 posts Joined: Jan 2009
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Why dont have? Loan based on net income the loan amount would be less. E.g. A guy earn 20k after tax and epf the net income only 14k. Based on loan installment cannot exceed 1/3 of income, calculation based on 20k or calculation based on 14k is big different right? Correct me if i am wrong.
For ltv70 will impact third, fourth, fifth and so on .. Home buyer. With net income first, second home, third and so on ... buyer also impacted. This post has been edited by nkhong: Nov 20 2011, 12:10 PM |
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