double gosh, soli to hear that bro, but are u expecting to use 32 years to pay up ur home loan?

Exiting the MLTA or transfer to other prop is still the same purpose. Do you know that if u dispose early says less than 7 years, the refund is almost unbelievable low?

What if when u reach the year 10th and u suddenly cant serve the annual premium rm 2.3k, u know what they will do?

There are a lot terms and conditions to such MLTA as it is recurring fees and very long service tenure. Your expose risk is way way higher.

Are u comfortable to use Hong Leong Assurance as ur service provider? Malaysia no 01 insurance is great eastern then follow by prudential. Why UOB did not choose them as for ur MLTA provider? Do u know how much UOB had earn the commission if u taken MLTA from Hong Leong Assurance?

BTW, ur MLTA covers on what? Life insurance? Fatal Accident? Permanent Disabilities? 36 Critical illness? Do u think the UOB mortgage office is qualify enough to explain all these on behalf a insurance company?

Even prudential also cant guarantee how much i could get back after mature of my premium because depending on annual profit and dividend from them.

These smart smart insurance player in market and if u know how they run the business, they actually suck in all ur premium 1st 10 years as so called "their fee" then they only start invest and save ur money after 10 years but if u still maintaining your MLTA policy. 10 years later, who know what happen?

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Added on November 12, 2012, 1:51 pm
MRTA is one time installment but cannot retrieve after matured. Thats why very very cheap

MLTA is like = life insurance + accident + saving + investment , but premium very very expensive.

no doubt, yes. but its also need to depend how long the tenure u need.

Last 3 years ago, there are no such thing minimum MRTA tenure for best loan rates. U need to take full tenure.

Only recent the banks start offering this minimum MRTA to lock in attractive rebates.

Again, we dont know how will our salary performing in next 5 or 10 years.

If economy is become worst or bad, will we die die still need to find ways to fund the MLTA?

Since MLTA is lock in with loan interest rates, if we stop serving the premium for MLTA, will it rebuke the rates in home loan? Definitely another penalty will kick in because u fail to honor the MLTA as tied for for the BLR rebates as offered.

I can says, MLTA tie with home loan is a lifetime commitment. Because both interact each other.

haha,

no......is still work the same

30 years or 40 years still the same offer. Got MRTA / MLTA better offer.

We took longer tenure if the prob meant for investment.

Year before 2010 max loan is up to 65 years old or 35 years tenure.

now upgraded. u must know why. 

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Added on November 12, 2012, 3:54 pm
based on my experience,

UOB and RHB very keen to give good good offer.

Im still waiting for the copy of AP.

If the developer got AP today, tomorrow sure official launch redi.

like chinese says, "10 slash also havent got 1 slash yet" how to says is good investment ah 

bro, u and me are too late. Since 2010, Klang valley property market is not healthy to goreng goreng. Flooded with speculated price due to MRT things.

Imagine getting a new D/S terrace also need to price at rm800k nowaday 

dont be so negative, seremban, nilai, rawang, ijok, kuala selangor, jenjarom, banting, semenyih, ipoh, kuantan and etc still got a lot cheap cheap terrace. Rm 300k can get a big big landed terrace. the hope is out there.

I might migrate away from klang valley and sell off all my investment and living happily with my family in ipoh or anywhere starting my own business. Maybe Tauke kopitiam. Who knows.

im aiming the SP Setia Eco Hill @ Semenyih. 

Haha, F1 driver spotted! I will try dig more info from a friend of mine who are tendering the sample house project there. Maybe i can have the 1st view of the phase 1 terrace facade. P&c yo.

icic ... whatever la ... that's one our their marketing strategy ... as long as they faster get the AP ... they want to play sticker game or condom game none of my business ... lol ...

btw, what is BTHO stand for?

i think Majlis Perbandarn kajang is very kind to let the developer to complete the earthwork until the BP is secured. If for other council like shah alam or subang, no BP, site also cannot start any earthworks.

The devloper can choose to bulldoze further, if council found out no permit to do that, will slap will stop work order and penalized RM50k. No joke

Last time MPKJ very quiet and less premium project, but since 2010 due to MRT line to Kajang, now they busy like HELL, Where got time to check this check that. Just approve approve approve to get more contribution fee and ISF. Good for contribution for next general election. Thats how the way works.

no worry, sometime authority lack of checking, but we still got professional Architect and consultants team to execute accordingly to regulations and UBBL

as expected bro, i got 3 development projects now stuck inside authority for working permits. We also wait wait wait

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Added on November 27, 2012, 11:05 am
developer comply on paper, but on site different story, save cost

no lah, thats my office development project

the nearest one is 3km away from the station at batu 9 balakong there. Because this building is located just next to main road, hence, i believe their will be shutter bus provided by MRT

Got lah bro, selective stations and area only, some even comes as free shutter bus.

example, http://www.ikea.com/my/en/store/damansara/storeInfo

But i never take any LRT or Monorail before, cant comment much on this

not sure, never ride before

BLR -2.3% still too low, im still waiting RHB to get in as panel and try to apply for -2.6%