Are property prices going to up further? V3
|
|
 Oct 24 2011, 01:14 AM
Return to original view | Post
#1
|
 
Junior Member
136 posts Joined: Mar 2008  
|
i read latest bank regulation - those applying for housing loan must base on their nett income after deduction of all their expenses (loan installment for houses & cars)....what's left - only can approve 30% from their spendable income....is it true?
if this is the way, i believe its not easy to get loan...just sharing...if wrong kindly correct me..thanks |
|
|
|
|
|
Oct 25 2011, 12:16 AM
Return to original view | Post
#2
|
|
Junior Member
136 posts Joined: Mar 2008
|
QUOTE(nkhong @ Oct 24 2011, 10:08 PM) To summarize, good one...thanks bro nkhong....1. People who always thinks that property will fall, and everyday looks forward for property market crash. 2. Undecided people. 3. People who always dont believe in developer and agents and always thought they are money sucker and not honest. 4. People who keep on surveying 5. People who always believe in so called expert that saying Property market going to crash. 6. People who always waiting for rock bottom price, but who will know the bottom price. 7. People who look for perfect house. These people normally dont have much money but wants to maximise every cents they have. They wants buy big villa with very low price. Hopefuly i translate it correctly.  lately we saw a lot of ad about property for sale...actually i did called u...most of it are "auction" properties which not immediately available for sale...the price indicated are actually lowest auction price which u need to tender for it. its a gimmick just to attract u to fall in...usually if its hot location - why not the owner sell it off rather than wait for bank to repossess it. so need extra cautious when selecting this...get someone who knows value and location before going for it. the wait n see attitude...like the above 7 points...will only wait until the apartment selling rm2million also not decided what to buy...for now, when u see location, price ok and u comfortable with the surrounding and from yr understanding, the place with good population, good infrastructure, convenient transportation and near to town...go for it. checked with my banker and some property agents, the price will either maintain or continue to soar..it wont go down - the only thing that will go down is car prices......property in klang valley are scarce resources due to limitation of land near to town...so price will worst case scenario maintain due to bank had committed to loan...if price drop...everything went haywire...end of the day u imagine what will happen when bank collapse...just my 2cents on this....  |
|
|
Oct 26 2011, 10:58 PM
Return to original view | Post
#3
|
|
Junior Member
136 posts Joined: Mar 2008
|
i think nov 1st new guide line will be out...lets hope it wont effect much
|
|
|
Oct 28 2011, 02:47 AM
Return to original view | Post
#4
|
|
Junior Member
136 posts Joined: Mar 2008
|
in HK for example, the name transfer can be done within the same day...no nonsense - wait for consent, caveat, land search, transfer, loan disbursement etc....if u like it, buy it and it will be yours within hour.
so if u got cash, speculate property in HK, very fast gain, if u not good experience, very fast fail also. buy n sell take place almost immediate. |
|
Topic ClosedOptions
|
| Change to: |  0.0198sec
 0.54
 7 queries
 GZIP Disabled
Time is now: 20th December 2025 - 10:19 PM |
Quote