ah teng... my version got relevant or not to rental incomes, housing loans ya BLR increase di 0.25% and further increasing in September another 0.25%

after the announcement of Blr, there was a short conversation between bearbearwong( BBW), Manchester United (MU), showtime (SH), gogo2 (gogo) , Zuiko (ZK) at a cafe shop. below are merely illustrative purposes and do not reflect the actual conversation..

BBW: eh.. eh.. ello.. ello brother MU so free to visit me? how are you?
MU: I am fine, no lar i purposely come to the shop unit i rent to you to taste your Singapor Char Bee Hon, drool.gif and also the tenancy expiring maa, going to renew.. i brought along bro SH also.
BBW: Very good, so fast tenancy end meh? sad.gif
SH: Dun waste time, fast bring your singapore char bee hon leh
BBW: Okok, wati bring 2 plates of Sing Ka Po char bee hon for these 2 boss. Brother btw i got news leh very in one..
MU: what news oh BBW? you bought 1 units of luxury condominium in Orchard Road Singkapore after frying so many sING -KA-po cahr bee hon? rclxms.gif
SH: hahaha
BBW: Walao eh.. brothers, you joking meh, linpeh KL high rise also cannot buy how to buy Singapore oh? Teasing me.
MU: Okok lor.. what news you have?
BBW: Eh you know, that Bank Negara sipeh Jialat lehh.. they just increase the BLR from 6.6 % to 6.85% wor..
SH: haiya relax lahhh, 25 basic points only.. 100k increase around RM20 monthly... keluar masuk starbucks already RM20 maa.. why worry
MU: oi, apalah you, me loan this shop 1.5 million wor.. rent to BBW also reduced rental coz rental cannot cover loans maa.. how much like that?
SH: Errr.. RM20 monthly for 100k, so 1.5 million is around (15 X RM20). Around.. 300 lor
MU: wah 300 ah monthly... i got few properties sumore lehh, luckily BBW rent this unit from me
BBW: brother, so how my rental rates? increase RM300 monthly ah? Bank negara want to increase on September another 25 points wor.. like that BLR is 7.1%
MU: Brother you sure or not like that very jialat, suddenly RM600... then i have to increase RM600 lor..
BBW: wah... suckk blood mehhh... taukeh how many Singapore Char Bee hon i need fry oh
SH: Ya wor... RM600 dun pray pray.. Toyota vios 1 unit gone
MU: Aiyo, BBW why so hard.. my rental RM600 only maa.. i also service the bank one.. is justified one for the increase...
BBW: bro, business bo good leh?
MU: BBW you got learn taichi before or not? Let me teach you... I increase RM600, you increase your Char Bee hon another RM0.50 each plate lor.. easy maa, you can profit too.. customer ask you say rental increase, they ask why rental increase, you say bank negara increase BLR lor..
BBW: Thank you bro MU and SH... good idea.. like that many other tings will also increase lor.. all sure take opportunity one maa.. car interest leh? personal loans?
MU: That one you chap sang... hehehe
SH: yum yum

on another table bro ZK

ZK: Oi, bro Mu u lucky lor got ppl rent, my unit bo lang rent suddenly need to fork out RM600 extra sipeh jialat.. mad.gif
MU: Investment maa... thumbup.gif
Gogo: Hey bros... apalah you guys havent calculated GST yet...6% next year leh

ZK,MU,BBW, SH: Jialat lorrrrrrrrr...

in this exercise rentals shall increase to cushion the BLR increase, and thus price related to it will increase further..thus the buying powers of purchasers further deteriorate , with current condition subsales already so low, with this coming in and rental yields failed to cover loans and further making the range to cover loans bigger causing investors to fork out more money to service loans.. low end flippers might face problem if bank negara increase again after 2nd increase, after GST.. more bleeding.. as we can see.. units are not sellable..

after this , BLR confirm 6.85%? and do we still get only 2.4% or lower? give some insights lor...

bro is 0.25 BLR increase possible so low only..

Market no good wat.. even CNY they will open and unsold

Opss sounds fiery.. cool down.. what I spouting are not truth.. just mere raya pranks.. sell is very good around..

I bought none.. waiting to learn from you.. you and few common names owayls lurking in sp setia projects.. blind also know..who will board a sinking boat..

Sa work are the most brainless work.. bagging 2% justified the hardwork? Lawyerz like J&C only taking 1% stilk got slashed 50% off.. justified? Ask cheryee.. see got truth or not.. hardwork..if you have a beter features like handsome or preety sa then added value.. auntie uncle see no BBB oso BBB ..

you which agency? Hardwork?

This post has been edited by bearbearwong: Jul 27 2014, 03:09 PM

Haiya happy holiday.. say say only maa.. not my first time.. if it was a truth be well prepared early lu.. if bs make a few sarcastic comments and pass over.. sorry lor

haha all right... if you cant win them dun just simply join them... ride in between them..

Ok. So since you have bought.. lets ask views fro. You.. how was and is the market be in developers sales and subsales? Cant be saying you dun care and ignorance of the prooerty market right

Havent.. so is SA work scope wider than lawyer then? Or should I say more brainless than lawyer?

Wei such a big company need to wallop the rm 500? Customer recurring ones.. it is more possible the SA wallop it ? 500 for Em.. per person.. I dun think they are intetested.. these cteative words such admin fees must be from SA mouth..

This post has been edited by bearbearwong: Jul 29 2014, 12:01 AM

Oh gosh.. now agents are professionals?.. of course every field can co exist.. but paywise is not demand..it is agent corrupted practice..

ya man good to know.. 100% of course not, you like talk cock posting question which are obviously obsolete

I also say lor SEH, EM project not 100% flippers there maa... but only 80% right? like this you more happy right? then out of 80% , 50% flippers instant flip, 30% long term flip

when vp time, cannot sell 50% instant flip become 80% long term flip.. resort to rentals.. blind also know Semenyih areas are flip areas. those flowery words like outflow, population demands all BS , just to support the flipping theme, ask those ppl to stay on their invested properties, HELL NO..

i am sorry lor if you are SA.. SA job scope was never designed to be that way you are thinking along those liones, help to push country GDP up..

you guys are not that humble... walloping and fooling buyers to buy irregardless of the distance.. no 1..

you believe or not 20% flippers? tell us your expected percentage.. no need say you dun speculate and other BS.. as an investors before pumping money in.. surely got some thought about it already...

unless, see only SP setia wallop first.. i have 3-4 friends doing the same.. never been to god damm semenyih.. dunno where it it is in the map.. first time went was the day of purchase and launching grab 2 units.. under advice of friendly agents...

loan also cant service upon VP.. why? agents told them can flip upon VP..

then wife or family related to SA work? I m related to Sa work too, where i got give face..

Come on SA agents for develooers 3% of total purchase price.. 15k at least per unit.. not only late night.. when Ishitting in toilet I also tink of you..

You confirm u not agents or banker first..

just like Christiano Rolando, he is on d ball, the agents are on the commissions

Chris kor, u have always left the opposite side of prime ministers "all stones are unturned /unanswered", tell me honestly, got agents lurking in EM threads or not? i meant 50% of the comments here..