If not mistaken, all loans approved before the cancallation of DIBS which are tied to EcoWorld (EcoSky), the prevailing interest rate is 4.50%, for construction period 23-Oct-2013 till 22-Jan-2017.
Means the BLR 6.60-2.40 (which is 4.20%) is not applicable anymore during construction period?
The difference can come up to RM2k !!
Anyone can help clarify this issue?
but you know me lah. very blunt one.
some banks offer fixed rate of x.xx% during y number of years or during construction period. some do not.
the blr-z.zz% also varies. remember i quoted some might get 2.4%, some might get better, some might get worse? so it again varies.
and of course, there are also fixed rate players such as AIA.
so bottom line, each package actually varies and depends on purchasers' needs.
personally, i do not find the 4.5% fixed rate for certain period attractive at all.