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

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Chung80
post Mar 15 2012, 03:21 PM

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QUOTE(ethanyong @ Mar 14 2012, 06:49 PM)
But by increasing upper limit to 400k, bank also don't want to loan to 2k earners (30 years loan, 0% down payment, monthly repayment ~2k).  laugh.gif  Wahai Jib Gor ah Jib Gor, must have paycut for your beloved elite advisors instead of giving 7-13% increment for such a fine work in giving laughing stock advice lor.
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Today's news on Business Times Malaysia My First Home Scheme
Chung80
post Mar 19 2012, 02:53 PM

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Kuala Lumpur property in demand.

“Kuala Lumpur is an increasingly popular destination for GCC real estate investors,” said Robert Pearce, the director of IP Global. Click here to read more
Chung80
post Mar 20 2012, 02:58 PM

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KUALA LUMPUR (Mar 19): The completion of property developments under the low deposit incentive schemes, coupled with Bank Negara Malaysia’s (BNM) changes in bank loan computations from gross to net income, may result in higher rates of defaults, according to industry observers. Read more at Rising Property Defaults Expected!
Chung80
post Mar 21 2012, 02:57 PM

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Today News: Malaysia property prices ‘crazy’???

FORMER finance minister Tun Daim Zainuddin (pix) says the prices of residential properties in Malaysia are too high, and far beyond the people’s ability to afford them. Click here to READ MORE>>>>>
Chung80
post Mar 22 2012, 02:02 PM

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Today's News: Rise in household debts moderates.. PRE-EMPTIVE MEASURES BITE: Growth falls to 12.5pc last year from 13.7pc in 2010

MALAYSIA’S household debts, which have been on an upward trend since 2009, grew at a more moderate pace last year as measures introduced by Bank Negara Malaysia began to take effect.Outstanding household debts grew by 12.5 per cent compared with a growth of 13.7 per cent in 2010, according to the central bank’s latest annual report.

Borrowers in the lower-income categories and residing in urban centres, however, face more challenges in managing their financial obligations. Household borrowings continued to be primarily concentrated in financing the purchase of residential properties and motor vehicles which accounted for 64 per cent of outstanding household debts.

Click here to read more
Chung80
post Apr 2 2012, 03:55 PM

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GOOD NEWS for Penangite!!!

Those seeking affordable housing in Penang will benefit from the RM1.1 billion sale of 103 acres of prime land in Bayan Mutiara to Tropicana Ivory Sdn Bhd (TISB) as almost one out of three properties being built must be low to medium cost, said Lim Guan Eng.

Read more at Property News in Malaysia Property Investment
Chung80
post Apr 4 2012, 04:22 PM

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Today's news: Malaysia moves to avoid property bubble

Click here to read more
Chung80
post Apr 10 2012, 10:35 AM

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Govt may double minimum price of houses foreigners can buy

What say you?
Chung80
post Apr 16 2012, 05:08 PM

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QUOTE(ericwen @ Apr 16 2012, 04:58 PM)
I am very confused with the epf 2nd account, please help!

heard so many stories, i also don't who is right now.

1) can i withdraw all my 2nd account money? or is it dependent on the property i am buying, say 250k or 500k?

2) if i do withdraw all the money, will i get the money in my bank account? coz if i use own money 10%, very sakit. If can't get back the money, too risky?

coz rumours tell me i can't get the money directly, they said epf will pay the developer or bank

some even said i only get phase by phase? aiyoyo!

any help? Thanks.
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1) http://www.kwsp.gov.my/index.php?ch=p2memb...rawtype&ac=1850
http://www.kwsp.gov.my/index.php?ch=p2memb...rawtype&ac=2684

2) http://www.kwsp.gov.my/index.php?ch=p2memb...rawtype&ac=2686
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