OPR increase just start. anythings wait until bank management inform banker.
i am sure if you ask banker, they also say don't know.

He already excited like walk into the mega sales store even though the sale to be confirm.

aiyo... 86.8% from loans and commitments not total net salary kah? aihh.. then have few hundred to spare on...

you guys are my best friends.. always correct me when I am wrong... and luckily most of are true thank you guys...

This post has been edited by bearbearwong: Jul 12 2014, 11:56 AM

Assume u r right. What is ur future plan ?

Low salary vs high inflation and high property price. How can the household debt vs GDP not high? Takkan u tell ppl to sleep at the street and eat from soup kitchen meh.

I wonder if he realise he is more a victim. If he take loan in the future for RM500k, he has to folk out RM100 pm extra. If Sept increase 0.5%, then another RM200. Total RM300. The extra RM300 buta-buta earn by the bank and rich people (with a lot of FDs)

Well...it also meant that the economy is growing using overleverage credit....u can study the history of any nation economic collapse and the main reason is overleveraging from credits...same to what happen during asean currency crisis...investor pull outmoney bcos we are among nations fuelling rapid development with overleverage credits...if bnm dont raise our interest rate now rest assured our ringgit value gonna drop further....

It is going to affect all the existing / future loan takers, only the flippers that reduce their expected gain can be escape. That is for sure. While the adjustment on or not still got to see how market react to the rate hike later.

This post has been edited by kradun: Jul 12 2014, 12:26 PM

This is like killing a frog in a slow heat. Are holders or buyers the frogs, be my guess.

only if people want to buy from you.. or can afford to buy look at PEMANDU and EPF data.. where got many rich ppl.. middle class a lot.. if they stop buying before this hike like now subsales like dead fish.. after 2 cycles of increase and GST.. they just cant buy.. you guys will be holding..

and between, you play rental games, how is yields after BLR increase? increasing rentals or swallow? those newer prop rental yields already depressing now add salt to water luu

long time no see you... our treads was in kopitiam di.. now DDD got some points coming di...

I think this will only happen if income keep stagnant or worst decrease.

So hosehold debt= 86.8% means what ?

Don't just look at the percentage. Eg...some say the 0.25% increase will cause 3% increase in monthly instalment. Sound a lot but actually only rm60 for a rm500k loan. Likewise, for the rich and poor percentage.

so do you think the income will stagnant and expenses increases?

I started my midnight US stock trading sometimes ago. Busy learning and trading this high risk investment. So all my time were quite caught up among works, family, trading. I check the thread from time to time and there were all people attacking each others. Really no point reading. I do miss some of the good discussions here too.


I was in Taiwan sometimes ago. The salary over there do decrease over the years. Talking abt bad economy! Btw, they are having the same, but worse, situation as here. Plenty of empty and expensive condo and apt. Their young people are even more pressimistic about the future.

See this.
http://en.m.wikipedia.org/wiki/Gross_domestic_product

brother 500k is actually RM200 monthly.. after september 25 basic points increase..

actually 200 monthl means like this..

extra 50k loan you will be eligible if taking 35 years

so, a property worth 500k subsales (flipped)

bank gives valuation of 80% where in most case it does, so

loans that bank offering= 80% X 500k=400k

now that is before the increase of BLR, if after 0.5 increase in BLR after September, borrowers need to forked out extra 200

in actual fact ,RM200 = less 50k loan on a 35 years tenure, assuming interest rates never fluctuate maintained at 7.1%

so the 400k loans now left 350k loans, you need to top up 30% more just on housing loans.. and when owners got hit by BLR they transfer it to its tenants, tenants will transfer to you borrowers or some call inflation but BLR is targetting to loans.. we will be hit by all angel and lastly our friendly GST..

all these are just normal transfer of burden becasue of OPR increase , we havent include the ones the greedy owners/ middle man will do on a 200 increase.. maybe 400 and profit 200?

Other i dont know but my income and expenses keep increase. 😁

haha how is your insight towards property market of Malaysia after GST? increased crazily? or many ppl dumping? or they are just cool only...