thanks for your adv.

maybe i should go away and read silently &  not making any opinion.

I would use another word instead of 'fragile'.
It's 'insecure'.
There are so many 'insecure' forummers lately.

Just yesterday someone posted a question about Scott Garden. I made a statement about at night noises from the pubs can be heard even from Casa Desa abt 500m-1km away.

Wah lau eh.. straight away two fellas (I suspect with vested interest) attack that statement, calling it an exaggeration. These fellas probably had no education, since it is common knowledge sounds travel further and louder at night. 
Luckily, two other forummers who lived in Casa Desa supported my statement.

Of coz, then those fellas turned and twisted to talk about how satisfied their local and oversea tenants are, etc, etc. You can check out the thread yourself.

My point is you can see the defensiveness of these fellas when someone said something negative or perceived negative about properties.
If the market is so good and strong, if the properties is doing so well and prosperous, why they even feel the need to defend it? Why so insecure about their own investment, right?

 

learn something new everyday.
and i wonder why's that? 

some are kuli worker collect rent for bosses.

some are property egent

some are developer staff

some are lawyer office staff

some are banker earn big bonus when bank profit high

some don't have property siok sendiri saying got so many here and there.

a lot are using dupe accounts to said UUU ma.

that i put under "some don't have property siok sendiri saying got so many here and there."

Dude, go Google Map lar.. it's stated the distance between Tesco Scott Garden to Casa Desa is 750m. That's close enough for 1km.

Exaggeration is when it's 100m or 200m but stated as 1km.
Approximation is when it's 0.7 or 0.8km but stated as 1km.

When people said that house is worth a million ringgit, they could mean RM980k, or RM1.05mil. Not need to be exactly RM1,000,000, right?
You expect every forummers to be super precise in everything? 

Very interesting character. LOL.

have you experience the sound from ktm tracks from subang empire soho units before? 

Wow...... Is this a IQ test question?   

Well it is obvious u miss the gist of the statement.  At casa desa u can hear the noises from scott garden. So that is no exaggeration.
Yea I might not be 100% accurate about the distance. Any reasonable intelligent people wud know it is an estimation because how do u give a 100% accurate distance? From which specific unit at what block to which pub? This is what I meant not reading in context.
Thirdly, do they even teach rounding up in school anymore? Lol.
Ok I wasted enuf time on this guy.
Thank u for your opinion.

Why don't you buy a car?

Then so obvious answer question u also ask??   
Wow!!!   
 

Just ask only
A used kancil are affordable so that u don't need to rent near to train station, moving from 200m to 500m and now tiring walking every morning and evening

good one but i don't think many will appreciate it. Here is my reason.

I have clients (more than half) mistakenly think the mortgage rate is going to be low (<6%) and can't comprehend the possibility of 200 or more basis point increase. The common reason they cite is our OPR is 3% and BNM will do whatever they could to lower further the rate since it has been like that for the past few yrs.

It is quite dangerous to think that way and that's why whoever have a tendency to use i.e fed fund rate to 'forecast' the mortgage trends should REFRAIN from doing.

A more scientific and practical method is still watch closely the credit market supply/demand (involve a lot of data). Nothing less than looking into the current a/c (which affect how payment is made between partners. It will lead to how our currency and monetary policy), broad money supply trend, reserve requirement SRR (that when OPR comes in), fiscal policy (it affect health of our economy that lead to the money cost a.k.a interests rate), reserve surplus (bullets available for rainy day), debts market especially sovereign and etc. 

Unfortunately to connect the dots and draw a conclusion is far too outstretch to most people.

So better don't do it if you don't know these stuffs. Just continue to be prudence financially (don't over burdened with debts. New wave against debts is coming near), save money and be prepare for 200 - 300 basis point (or maybe more) interests rate hike at least for mid term, i.e post 2015.

But if still want be smart but not paying the price to do tons of reading and researches. Don't look into short term interbank rate (fed fund rate or OPR in our case). Instead, your priority should be on long term government bonds market. Does't mean to ignore the OPR, but try to bring in the bonds into the picture. why? beyond explanation here. but if you do grasp the mechanism, it's very worthwhile.

** this comment is not target to Amaybumibuyer, but to general readers. Just a piece of opinion. Don't listen to all self awarded 'pro'. Do your own research and seek advise from really competence people. It is your own money bro! **

Healthy discussion only bro, cheers

ya, i won't try to connect the dots like school maths.

only that when i read that article, it just reinforced my view that if debt levels are still rising and mgs/my bonds are now "tak laku" forcing yields to rise continuosuly, what rates will they have to price new issues, how long can opr stay the same, how long can our mortgage and car loan rates stay the same?

perhaps india and indonesia experiencing more severe but similar probelms will lead the way in telling what is to come soon?
http://www.bloomberg.com/news/2013-08-14/i...e-outflows.html
http://in.reuters.com/article/2013/08/15/m...N0GG0DO20130815

today, rm approaching 3.28 for usd and 2.59 fo sgd.

Am a newbie in prop but isn't first few years installment very large portion paid to mortgage loan interest?
When selling minus various fees like agent comm, lawyer fees etc, the profit not that much isn't it?

hi rooney sorry i no good in financial calculation,
if the interest rate is 4.2%, how many percentage of principal have been settled, which means how many percentage of loan amount settled? assuming i pay installment monthly and never pay extra to offset principal. tenure 35 years.
thx

or anybody can help?

lets say i have paid 10 years, so after 10 years, i only have paid the principal by about 12% right? still owe 88% right?
trying to figure it out from the calculator.