No la .... Your INSTALLMENT is calculated with 10 yrs as the total year of loan. But the actual loan can still be 30 yrs or depend on your age. Indirectly, the INTEREST RATE is increase la . You actually pay higher monthly installment. 

These banks know all the tricks in the book one. THey also anticipate ppl will refinance to roll their cash ma. .... These buggers are always 2 steps ahead of us. I'm thinking of refinancing too. So far asked OCBC.... any good banks to recommend. Prefer flexi type...

ha ha.. RM drop ... investor come to buy house??

oversea investment need to consider foreign exchange...

people would like to put in the country that exchange rate appreciate instead depreciate..

if you think depreciate is better, why not go to zimbawai to buy house there...

Think 2014.. Stil ada Many want to join in to buy a piece or a few of new props. Maybe 2016-17 Best time to shop for subsale?

property below 500k definetely i will buy....property above 1mil i also bought...but must b at strategic location....

i keep buying for last 5 years...n most of mine properties i oledi settled the loan...im not flipper...just  not trust on our country currency only....

i think this market lot a people like me....

Err 500k for how big the size? 400sf Pigeon house?

yup...1000sf still can for 2 generation....a couples n with 2 kids....

also dun understand the so called soho/sovo/sofo can buit at location at Bangi, Sg Buloh, Kajang...etc....

malaysia still got plently of land....but a lot of building built like pigeon hole....how to stay?? malaysia not singapore or hong kong... this bcos for greedy developers wanna to make maximum profits...

Well, I don't know how the economic will turn

But from history, If you look at economic cycle... it is 10 years cycle...
Just look at 1997-1008; 2007-2008; so i guess it will be 2017-2018.

Yes i think 2015 would provide a clear indication of what is to come. But we will see the signs before the end of this year especially with the new property launches. Another indication would be the increase of the BLR rates and the new BLR framework announcement by Bank Negara which is supposed to be in Q1. Already we are seeing numerous businesses raising prices from food to parking rates and many of these increases are quite big up to 30%.

Interest rate for house loan will definitely go up.

One way to tell is to compare with 10 year government bond yield (which is the interest rate at which the Malaysian government is borrowing money, for 10 year loans). 10 year is suitable for comparison because on average housing loans are settled in roughly 10 years (the loan tenure may be 30 years or whatever, but on average it will be settled earlier as the house is sold etc).

Malaysian government 10 year bond yield is 4.2%, a big jump from just six months ago. So certainly the current interest rate for housing loan does not make sense, because as a lender there is no reason to loan to house buyers at the same rate as loaning to Malaysia government (house buyers should be pay a higher interest). I am not sure what is the difference in yield in Malaysia historically, but in the US, the gap is 1.0% to 1.5%.

By the way, one big factor driving up the interest is of course the plan to reduce and eventually eliminate the QE in the US.

Malaysia gov 10 year bond yield
http://www.tradingeconomics.com/charts/mal...101&d2=20141231

US gov 10 year bond yield
http://www.marketwatch.com/investing/bond/10_year/charts