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Financial BLR Increase 2014?, Base Lending Rate.

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Tigerr
post Jul 15 2014, 09:55 PM

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QUOTE(topearn @ Jul 15 2014, 08:50 PM)
If he is so powerful, why didn't he find MH370 and collect the multi-million ringgit reward ?
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May be he doesn't want to....tongue.gif
Tigerr
post Jul 15 2014, 09:57 PM

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QUOTE(bearbearwong @ Jul 15 2014, 09:44 PM)
i try my best on occupancy rates...

Project vacant/vped

PV20- 70% vacant (post 1 year vp i guess)
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What is PV? 20 means what? 20 units vacant? 70% meabs 70% taken keys??? Or 30% still unsold? Need to understand what u post (pre verification stage)
Tigerr
post Jul 15 2014, 10:47 PM

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QUOTE(bearbearwong @ Jul 15 2014, 10:33 PM)
sorry..

PV= Platimum Victoria (in setapak area)
PV 20= 20th phase
each PV phase are around 800 units plus?

there are 20 phases of condominuums in setapak.. PV20 just vp 2 months and only has less than 30% occupancy..

http://www.propwall.my/setapak/platinum_lake_pv20
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Quite interesting. 20th phases...which means PV already got about 16000 units at setapak alone not including other developers condo/apartment/flat/landed....

today took a trip to drive thru the OKR till PJ n saw quite some projects halfway under construction n some like just completed...quite a number of projects....I not a high rise kaki as I hate to park the car at the car park n walk a long way to go back home n especially after coming back from shopping still got to run few trips to transfer the items shopped back up to the home. I really sweating on the high rise bubble...
Tigerr
post Jul 15 2014, 10:51 PM

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QUOTE(bearbearwong @ Jul 15 2014, 10:49 PM)
yaya.. got time go Setapak gai gai.. see all the PV's list.. there are other projects as well like MKH saville@ melawati..
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I saw MKH big sign board at seri kembangan near the mines area.....
Tigerr
post Jul 15 2014, 10:53 PM

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QUOTE(bearbearwong @ Jul 15 2014, 10:49 PM)
yaya.. got time go Setapak gai gai.. see all the PV's list.. there are other projects as well like MKH saville@ melawati..

no talk cock one OUG parklane.. Dr Pitchard is pro..

haha see lehh.. many Old Klang road developments lehh... some launching, some finishing.. those finish vacancy dunno oh.. OKR famous scott garden
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I nearly bought Parklane during launching 1st phase which is slightly less than 300k few years back.

melawati area....I saw Veo??? And the sunway montana....
Tigerr
post Jul 15 2014, 11:00 PM

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QUOTE(bearbearwong @ Jul 15 2014, 10:56 PM)
MKH cannot help too many projects high rise only few identical

Saville@ kajang
Saville@ cheras
Saville @ melawati
Saville at OKR
hillpark 3 @ sementih
kajang bolouvard@ kajang
pearl avenue@ kajang
etc
etc.

seri kembangan taikors:

SK One residence phase 1
Sk one residence phase 2
Diamond residence
Univ 360
Dream City
3 elements
springville residece
forgot di

see to much will head pain one, i lucky grandmother and gf sister stay those areas in equine park and seri kembangan only easy to recognise..
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hmm.gif seri kembangan area....I only know got princess inn last time...laugh.gif

Tigerr
post Jul 15 2014, 11:01 PM

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QUOTE(bearbearwong @ Jul 15 2014, 10:56 PM)
MKH cannot help too many projects high rise only few identical

Saville@ kajang
Saville@ cheras
Saville @ melawati
Saville at OKR
hillpark 3 @ sementih
kajang bolouvard@ kajang
pearl avenue@ kajang
etc
etc.

seri kembangan taikors:

SK One residence phase 1
Sk one residence phase 2
Diamond residence
Univ 360
Dream City
3 elements
springville residece
forgot di

see to much will head pain one, i lucky grandmother and gf sister stay those areas in equine park and seri kembangan only easy to recognise..
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Equine park....understand it is very jam to get into seri kembangan town....
Tigerr
post Jul 16 2014, 01:35 PM

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QUOTE(Minolta @ Jul 16 2014, 01:33 PM)
Becoz he only interested in predicting property bubble burst.....no interest in help saving lives rclxm9.gif
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In another words....interested to see people die instead of see people live n prospering....tongue.gif
Tigerr
post Jul 16 2014, 03:48 PM

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QUOTE(topearn @ Jul 16 2014, 02:34 PM)
800 x 20 = 16,000 units. Maths given back to teacher already ?
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Yalor....16000 units woh...plus others leh
Tigerr
post Jul 16 2014, 04:27 PM

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QUOTE(bearbearwong @ Jul 16 2014, 04:13 PM)
Like dis how?.. I got frw more projects to update oh.. just got.. more jialat
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Recheck your figures....correct it. Else yourself also confuse n use wrong figures n people also confuse with u. May both talking the samething but because figures telling otherwise.

if PV with 16000 units can get half of it with occupants which means 8000 oh...the parklane just 4000, what's so difficult...u see...people (non buyer) already kpkb on the congestion lar, thus lar that lar, but they have not see how PV with 16000 units...4 times more...laugh.gif maybe wangsa maju not congested...
Tigerr
post Jul 16 2014, 04:52 PM

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QUOTE(bearbearwong @ Jul 16 2014, 04:34 PM)
Pv more non working residents.. most UTAR TAR students..  and pak negros.. and etc..

if you know the figures tell.. so far no see any BBB mention anyting bout vacant units or projects.. really.never encounter mehh.. investors wor dunno meh which projects jialat which one not..

I non investors also know.. haizz
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I not investors leh. I just a normal buyer. Plus told u many tines, I not a high rise buyer asi dont like high rise. Why spend time go monitor plus I dont monitor the projects. I just feel if I like it, I just buy it. U cant control the vacancy rate as u buy before it completed the construction stage.
I only heard this PV since last night only tongue.gif

This post has been edited by Tigerr: Jul 16 2014, 04:52 PM
Tigerr
post Jul 17 2014, 01:38 PM

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QUOTE(katijar @ Jul 17 2014, 10:23 AM)
now increase loan become 32 years ... then later increase again ... become 35, 40, 45 years ... wah! forever in debt ...
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No wonder Toll concessions need to extend the period of toll collection lar if no increased in toll rates. Can say same principle here?? laugh.gif
Tigerr
post Jul 17 2014, 01:44 PM

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QUOTE(SonicKimi88 @ Jul 17 2014, 11:23 AM)
Actually who are the beneficial from this increase? Gov to collect more base on this new rate or Bank to get more interest payment?
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I asked before n some answered me it is no effect as bank gives more in FD and some said that FD has increased even before the BLR increased because they said bank already anticipated that OPR ll increase. My thought is bank ll get more profits in short term.

I also wonder what is wrong here,if bank has excessive money cannot lend out as some said, thus need to increase OPR..n subsequently the BLR. Wouldn't this ll attract more FD n the funds getting more n more n with higher loan cost, if less people taking loans, wouldn't the bank stuck with more cash n need to pay interest to the depositors??? This may cause the bank to lose leh....




Tigerr
post Jul 17 2014, 01:54 PM

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QUOTE(princessgalaria @ Jul 17 2014, 10:39 AM)
Some people don't really feel it don't they?
I see that there's some who can still happily enjoy coffee @ RM10-20/day and spending at those high-tier breakfast place that cost RM30/meal instead of just sitting by kopitiam lim kopi-o.

Is there so many rich ppl around or we aren't aware of the high level of public debts? BLR increase, looks like many don't really give a damn, until they get hit hard.
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Yalor....last tuesday was at Gardens Mall....saw the crowd. The eateries are full of people....the TWG also almost full...it isnt cheap....one meal can easily 0.25 basis point tongue.gif

People hasnt adjusted their life style yet....living on credit if not enough cash (but I dont underestimate our citizen short of cash). Always got credit card to pay first.

Saw HSBC promoting credit cards n giving away a free tablet...was tempted to get that tablet but I dont have epf document to apply for one...so cancel deal. The promoter sad face...laugh.gif

Car park was full....the only way to find easy car park is the premier car park. Only for 2 hours, so ok lar...can save time n petrol to pusing pusing finding empty lots.

so. When hard time hits...it ll be painful as life style needs to he adjusted n many may not get used to it yet...business ll get hit...many closure ll happen...but that also give many opportunities to those in the long queue to open new business in the mall....get ready...
Tigerr
post Jul 17 2014, 03:18 PM

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QUOTE(Jliew168 @ Jul 17 2014, 02:45 PM)
Most of this joint target for gen y and gen x...only them willing to spend money like no tomorrow and they are
the biggest consumer.
Sooner later when people no longer afford buy property they will shift the purchase to fancy car and spend more on lifestyle.Mentality for them is when u earn hard u must spend hard..no money then use credit card first
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ohmy.gif u r right...Myself always go lim kopi O teh O at kopi tiam n eat chap fan or chicken rise at kopi tiam type of shop lot restaurants....but when I bring my family out, always end up in those air con restaurants which need to pay many more...dont know am I grooming generation Z for the next 10 years??? laugh.gif

Yalor...now I often heard people said earn hard n spend hard...15 years ago I was in that category.....end up pocket kosong every month end....laugh.gif
Tigerr
post Jul 17 2014, 03:27 PM

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QUOTE(bearbearwong @ Jul 17 2014, 03:16 PM)
provided people are willing to buy/paly the game.. buyers can see these tactic already...

rental i recalled cannot cover installments by 30% or more.. that is not inclusive of maintenance and etc..

does it sounds better to have:

"Oh cannot sell for capital appreciation, so what, can still rent what... same game here.. too high a rental, same effect no one rents expensive units"
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Just finished lim kopi O n teh O with 2 different property agents. Getting them to rent out my new vp-ed semi D. They asking me to sell, why keep? I said no problem if u can sell at this xxxxx price but they said hard as it is more than the market price. Then I said, if not,I rent even the rental cant even cover the installment amount. I said no problem n get me 2 years contract as few neighbours already rented out at that price.....end up I got to go do up the basic amenities l8ke lighting n fan now in preparing to rent out. But if got durian drop from the sky, I ll sell it n use that cash to catch fire sales later....may be I got to change myself into high rise players...as bear bear got a long list of durian runtuh orchards spreading the whole KV...laugh.gif
Tigerr
post Jul 17 2014, 03:30 PM

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QUOTE(bearbearwong @ Jul 17 2014, 03:18 PM)
haiya this word and GST is feared by many... that means less money to spend or not enough money to spend in the public...
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I read in the news paper saying that GST ll lighten our burden...then why fear GST??? tongue.gif
Tigerr
post Jul 17 2014, 03:31 PM

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QUOTE(Jliew168 @ Jul 17 2014, 03:28 PM)
As I say when u buy ,u don't go overload and safety margin..

I not deny your statement that some is low holding power...

But my advise is if u play property investment the. U have to mean it business..IQ and EQ equally important..

Those fallout actually is not investor but is gambler..u have to differentiate these
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Yup...those gamblers is no different than those gamblers in genting casino. No pity them if they fall out...
Tigerr
post Jul 17 2014, 03:38 PM

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QUOTE(gogo2 @ Jul 17 2014, 03:33 PM)
Many of this gambler. They will affect your house price. Actually the reason our house price went up is because of this gambler. So if it went down also because of this gambler. Damn!!!
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Haha.....give u a like
Tigerr
post Jul 17 2014, 03:48 PM

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QUOTE(princessgalaria @ Jul 17 2014, 03:39 PM)
Nowadays... papers say punya barang can believe one ah? tongue.gif
Since steering lock also can make it to front page. They really have nothing else better to cover..
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Then, why many DDD keep on upload articles published in the paper here??? tongue.gif

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