The calculaton oredy wrong. How can tis guy get 500k ++ loan in second property. Any banker here can confirm?..

Are u loan officer ?.

I think no, I dual with bank so many times. Impossible is 70%
Should 30% of nett salary. Anyway, u can check with ur banker.
If really got. Pls pm me the bank officer. I got big biz to him/her. Tq
If on, can gv u commission

No point c tis one. Check with bank loan officer. If they can do. Let me know.

Wait. Go bk to ur calculation just now. Dun talk refinance.
Really banker can do ?.

Can u pm me the bank officer contact. Got biz to him/ her

rabel got this desperate meh? need cash BUY property ah? dude kc chan.. you are quite near FSAMA violation i guess... very jialat one.. that bank officer keep good time for maximization of cash for dead chicken

Kawan, that y I said u still young n lack of experience
U know if tis guy can do. Really can make a lot of money from tis.

the calculation is wrong.. because bank only borrow money if provided the first property is inflated lets said from 200k to 400k in market value base on bank evaluation. because if the flipper unable to pay the loan.. bank can lelong the 2nd house with value [540k - (30% x 540k) ] = 378k and then 1st house... actually the flipper already sell the 2nd house before bank lelong it. in another word, we call it refinancing the 1st inflated property to buy the 2nd property and no base on rental income in 1st propery. rental is just supporting income for the payment capability.
 

U know got malaysian ppl declared bankrupt in malaysia but still can drive big car big house in china n Indonesia ?.
Some more can come bk though KLIA.
WHO? My friend lor. He bankruptcy before 30.

Aiya nth so earth shatering about.. apply to court.. ask for exemption to travel.. pay money sin to ur creditors... and importanly politely talk to bank officer..they reject still jialat.. but still bankrupt but can travel

Other than this... it is bolehland anyway.. anyting goes..

I think u better confirm with the real bank loan officer. Coz I know CIMB calculation is the best oso can not offer so good package.

That y, funny ler. My friend bankruptcy still can come bk during CNY.

With 7%+ rental yield and positive cash flow, Gunalan sure can buy 500 more of these properties.

Bk From china. Bankrupt in Malaysia.

i am not too sure on this.
bankers, please feel free to chip in.

using your above illustration, assuming tenure 35 yrs limit as per original loan. one needs to know the original loan amount as well which you did not provide.
if let's say original loan amount was RM300k.
then the calculations should be:
refinance monthly installment would be based on:
RM300k, 35 years tenure
top up RM200k, 10 years tenure

that is my understanding of the new systems although i might be proven wrong here. 

Actually, you already made it quite clear. And agree those units for sale so soon after VP are consider units for flipping.
The questions are how many of those posts are duplicates (you assumed 3), and how many of these flippers got holding power.

How many units are there in Amaya? About 400?

If there are 3X duplicated ad, then the no. of units on offer is 318. Wow! 80% of the units are for flipping.
If there are 4X duplicated ad, then the no. of units on offer is 238. Hmm.. 60% are for flipping.
If there are 5x duplicated ad, then the no. of units on offer is 190. That's almost 47%.

Of coz, those with vested interest will says it's 10X duplicated and only 90 units are for flipping lor. Hehehe..
But i think the figures should be between 60-70%.