More bones are out.. those group also dun dare buy di..developers getting greedy

RM300k.. buy old flat in city area?
Nowdays.. most new property easily >500K - 700k++.

0.25% increased mean RM 250 extra per year for RM100k loan.

If take loan:

Rm500k - extra RM 1250 a year , mthly extra RM 104.16
RM600k - extra RM 1500 a year, mthly extra RM 125
RM700k - extra RM 1750 a year, mthly extra RM 145.83

Later if there another 0.25% interest raise,,, X 2 to the above amount....

This post has been edited by viper88: Jul 31 2014, 01:04 PM

i think you are noob, have you consider the Singapore salary?

and do you confirm the 25 points increase will only increase repayment solely? sure the owners wont increase rentals? the effect of this is multiple... you will get RM44 INCREASE from all angle of spending...

dude, read my dialouge

Well said..

Dude, you think Singaporeans are getting the same kind of salary you're getting arr? We see the BLR trend, not just the bloody 0.25%. And the trend now is upwards. Another guy reassuring himself.

Sien, don't compare MY with SG la.
SG has perfect transport system, higher % in CPF, lower rate of income tax.
Just that, government just wanna to control their housing price by increasing the BLR due to their land is small..

MY ppl are not panic.. but very stress only

RM1750 a year !

another hike

http://www.theedgemalaysia.com/business-ne...ys-analyst.html

Dun sked us. Please.

this is not first analyst mention already

Hope no more shite storm

yes yes hike more... it is about time...wake up calls

BNM playing BBW's tunes.

more info on this?

i think it is more the the market needs... which desperately need some correction back to its original and 'should be state" inflated prices are not healthy in economic practice does not reflect the real foundation/standing...

rumors only.. that one also heard from bank officers... CIMB is famous with NPL loan in fact too.. MBSB is bank for ALL just give any loans you want like last time Eon bank when Hong Long bank wanted to take over.. Eon bank giving loans like mad.. why? more loans means stronger then bank and selling price of shares higher..

haizz that was Eon bank.. more banks trailing especially those approving before DSR... 2 years ago when CIMB came to market with Jib bro come in.. CIMB last time promo only do 500k above loans.. public bank terus lose face.. Public bank what loans also do provided the borrowers record is good and steady.. old man business

This post has been edited by bearbearwong: Aug 1 2014, 09:43 PM

Just to report all my 4 outstanding loans instalment from 3 banks did not increase in amount. Maybe because I did not take maximum tenure, so the banks want to earn more interest from me. Let's see if there are any changes later this month

If increase another 0.25% in Nov, total will be 0.5%
rm100k = rm 500 yrly, rm 41.66 mthly
rm500k = rm 2500 yrly, rm208.33 mthly
rm1million = rm5000 yrly, rm416.66 mthly

This post has been edited by viper88: Aug 4 2014, 03:32 PM

Noob question.
My housing loan is auto deducted from my bank every month. I'm aware of the increase of BLR rate since last month which is supposed to take effect like immediately, but when I checked my loan amount deducted this month was still the same rates as per what I signed in the loan agreement BLR6.6- 2.4

I'm already taking a maximum tenure of 35years, kinda impossible that they still add on my years for the loan. As per maybank's announcement, they already follow Bank Negara's rules to increase BLR to 6.85 since mid July.

Or I'm supposed to wait for a letter from the bank giving some instructions or something perhaps? Anyone kind enough to explain? Thanks a lot.

ask BBW our DDD kor