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Financial BLR Increase 2014?, Base Lending Rate.

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leo_gaga
post Aug 1 2014, 08:13 AM

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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.. rclxub.gif

MY ppl are not panic.. but very stress only icon_question.gif


leo_gaga
post Aug 1 2014, 08:19 AM

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QUOTE(viper88 @ Jul 31 2014, 01:02 PM)
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....
*
RM1750 a year ! cry.gif

 

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