V soon a specific (huge) group of borrower will be capped @60% LTV, think it will push down market price. I won't reveal which group it is but this group is the lubang to avoid 70% LTV for the 3rd property.

This post has been edited by humble_tot: Dec 25 2011, 03:55 AM

this is no secret as announcement made.

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Added on December 26, 2011, 2:05 amits part of the "responsible financing" roadmap -)

This post has been edited by humble_tot: Dec 26 2011, 02:05 AM

A smart member have posted the answer. but then it is LTV capping 60% not d price dropping 60% so no worry... it will take a few mth to announce then few more mth to implement like the rule of 70% capping AND the rule using net income to calculate.

think capping each person can invest rm5k nia.

my previous job requires me fly to HK frequent, i can confirm that a restaurant waiter get +/- HKD12k a month.

waiter ma -)
msia waiter also 1k+ but still survive. d more u earn d more u spend. tmr ur income triple also soon u say no $

http://biz.sinchew-i.com/node/57845

該行指出，目前的屋價要再漲50至100%，才使國內平均房產可負擔比例.

This post has been edited by humble_tot: Mar 8 2012, 11:51 PM

cimb say bolehsia average annual income vs house price 'only' 7.4times, which is d lowest in d region. think they 4got that we also hv d highest income tax, most tol, cow, gst, 1care, lynas, port klang free zone, so on.

the market is wait n c mood now, u consider them greedy or fearful or in between? v impressive analysis, apreciate u help summarize to buy or to sell now. ur post is long enough to bring us around d world but not reaching d destination.

This post has been edited by humble_tot: Mar 12 2012, 05:00 PM

well regardless of what he or other ppl sayin, am buying n just bot 1 last mth. my view is we can still buy for d right property instead of bbb. what i think is right now may turn out wrong but at least it is a calculated risk that i'll accept d consequence.

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This post has been edited by humble_tot: Mar 16 2012, 01:36 AM

this is crazy. the defaulter is so lucky that he will have plenty of surplus instead of deficit.

The hybrid car's battery life span is max 10yr, the $ u saved from petrol may not be enough for you to change the battery. If really want save $, go NGV. Less powerful though...

bank dont ctrl blr. when bnm hike opr then blr & saving/ fd rates go up same time. bnm incr opr when they want more saving & less lending, as they hv done so last fw yr blr up from 5.5% to the current 6.6%. the trend is going upwards.

This post has been edited by humble_tot: Mar 25 2012, 05:36 PM

UK.London - recession coming?

http://biz.sinchew-i.com/node/58465

油價飆‧進口成本恐升至4.5兆‧全球經濟逼近衰退

國際

2012-03-26 17:45

MBSB 我的首間房屋計劃 35歲以下免首期享貸50萬

30/03/2012 21:22

http://www.chinapress.com.my/node/306360

MBSB want help prop speculation -)

its logical, the actual figure could be higher e.g. 70-80%. when a guy buy house normally he applies few bank, if one reject normally all reject coz commitment too high. of coz there is some rare exception that mayb 1 of the 5-6 bank approve.

There are still many decent condos around RM220k & DSL around RM350k, some more MBSB offers 100% loan. For a start you can still find affordable house if not too choosy. My 1st home @2001 was a 880sqtf apartment bought with RM88k only

After your house appreciate you can sell & buy a bigger, continue these steps you will get your preferred home as your salary increases along the way.

which area u want?

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Added on April 2, 2012, 12:54 pmbro, of coz no la, i mean for beginner with smaller budget can start with cheaper house.

This post has been edited by humble_tot: Apr 2 2012, 12:54 PM

bro can share which area/ taman/ condo is hot?