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 Are property prices going to up further? V4, nothing's gonna stop us now

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Iceman74
post Apr 7 2012, 09:18 PM

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QUOTE(hidzwan @ Apr 7 2012, 08:02 PM)
Guys, need some opinions here. i'm considering to buy a property worth 330k. a landed property in some rural area but that's not the thing

my monthly income is around 4k and i don't have any other installment commitment as such car or credit card. am i eligible to get 90% loan for the property coz the developer rep told me that average income should be 5k before we can apply for a loan.

if yes, can anyone giving thoughts on which bank offer the best package?
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maybe the best answer is ask your developer panel bankers. I was told, in rural area you can't loan up to max 90% according to those big foreign banks.
Iceman74
post Apr 7 2012, 10:58 PM

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QUOTE(debtismoney @ Mar 25 2012, 06:50 PM)
One scenario >>> When everyone says oil price is up up up and will lead to massive inflation.

Do you think BNM will have to raise interest rate in order to control runaway inflation?

Btw, the world will slip into recession if oil price is too high (i.e. oil crises in 70's and 2008). Don't misunderstand massive inflation will benefit property prices, it won't.

Some may interest in these >>> The US/Israel will attack Iran sooner rather than later. Now Iran can't sell oil to the west due to sanctions (oil revenues accounted for 65 percent of Iranian government revenues), and all Iranian banks have been cut off from international transactions a few weeks ago. What do you want Iran to do other than go to WAR? It's baked in the cake.

The west can't get out of depression, they will lead you to WAR by deception... 
Think about how this would impact oil price.
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This have being going on & on for sometimes, ppl around the world notice it but then big bullies can get away with it doh.gif


Added on April 7, 2012, 11:03 pm
QUOTE(Sikit2JadiBukit @ Apr 7 2012, 10:18 PM)
bro, don't need 10yrs, it has happebed. kemuning, bandar sri coaldfields, sedang, rawang, all sold like hotcakes.
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I tot already happened jor. Me 1 year dunno got more than 5 times goes to KLCC area tongue.gif
look at Sunway/Subang Jaya, PJ, Puchong & many others with self sustained township.

This post has been edited by Iceman74: Apr 7 2012, 11:03 PM
Iceman74
post Apr 14 2012, 05:34 PM

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QUOTE(Chung80 @ Apr 10 2012, 10:35 AM)
It will be suicides if rise to 1mil
the best posibble way is the returning of full RPGT or lengthener the RPGT period
Iceman74
post Apr 14 2012, 09:12 PM

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QUOTE(Sikit2JadiBukit @ Apr 14 2012, 06:53 PM)
Ya, these threshold aren't working as the Gomen keep playing catch up game only. Best is to impose 50% Stamp Duty or Levy on the purchase price for Foreign buyer.
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50% is too steep & it can't differentiate between genuine investors & goreng investors. We should encourage more genuine investors to come.
High or Longer RPGT is the way to go to separate between these 2.
Iceman74
post Apr 14 2012, 11:09 PM

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QUOTE(ayha2009 @ Apr 14 2012, 10:53 PM)
Just one simple point. There is no genuine investor.
All investor want maximum return in very short period. Pls dun be so naive.

GoVernment is trying every venue to make sure GDP is above 6%.
And they are finding the easy way out to solve the problem for us to reach vision 2020.
This is the price normal citizen like us has to suffer.
If  government cut the foreign investor fund, lower GDP.
Simple as that.
This year is u chance to decide during ge.

Sorry for the hard word, but I think it is needed so that all wake up..
Welcome to the real business world.
Sorry but no hard feeling... icon_rolleyes.gif
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no worry about GE, I know who to vote but just worry who are lesser of the 2 evil jer tongue.gif

btw I just found out Rawang new DSL also out of my reach jor cry.gif

This post has been edited by Iceman74: Apr 14 2012, 11:11 PM

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