Bank Negara clamps down on pre-approved housing loans, mortgages, personal loans

http://www.themalaysianinsider.com/malaysi...loans-mortgages

The beginning of crunch time or it will cool down the property price temporary for another rally to a greater height?

Given many of marginal flippers' DIBS units won't be handover soon, don't expect any property price reduction in the next 2 years. However, number of property transaction is expected to curtail and harder for flippers to subsell.

for props, i dun think those mild measures will have much impact.

at most, it'll add some pressure on subsellers disposing now since a few more previoulsy qualified buyers will now be cut off.

developers and banks will get even more creative with dibs-discounts-rebates.

interesting u keep asking how many props people hv.

to be polite, best u tell how many u hv first.

or yr intention here is to brag like some others?

I cant read it. But I guess you don't own any property but if market do crash, the economy also bad. Sure business will be bad, and your job indirectly may get affected.

Really? He must be the richest among ddd camper.

Just my 2 sen....

If it is for own stay, there is no difference if the market goes up or down. You are not going to sell whatever happens. As long as you can service the bank installment, then the price of your property will increase over time

Find the house that you like and buy. You can never time the market.

Something interesting to pounder. If one so sure market going to crash, shall one quick hand quick leg sell off his only home staying? I have one property i called home, shall I sell it now? And buy back later whn market damn cheap after crashed.