Singapore central bank may do more to contain household debt

A Bank of America Merrill Lynch report said that at June 30, Singapore household debt was equivalent to 75.6 percent of gross domestic product (GDP), while the highest level in Asia was Malaysia, at 86.5 percent

Some claimed local banks and bnm are smarter, more prudent and conservative than the fed and mas.

I find it otherwise. It is your usual 1 liner which is full of bullshit claims without substance

Next time you write longer to explain your point. Otherwise, you claims sound very empty

You are correct again ! Ice cream boy you are getting more & more enlightened, keep it up you may promote to Senior Stall Assistant soon. 

Is a new era lah ! Asian will lead & Caucasian  will be follower.. Muahahaha

If I were you I burn all those outdated western book & start seen real world where Asian will soon own entire London, Melbourne, maybe even so city in US..who know your ice cream franchise may soon have a China boss...woohoo..

Some claimed local banks and bnm are smarter, more prudent and conservative than the fed and mas.

I find it otherwise. It is your usual 1 liner which is full of bullshit claims without substance

Next time you write longer to explain your point. Otherwise, you claims sound very empty

You are correct again ! Ice cream boy you are getting more & more enlightened, keep it up you may promote to Senior Stall Assistant soon. 

Is a new era lah ! Asian will lead & Caucasian  will be follower.. Muahahaha

If I were you I burn all those outdated western book & start seen real world where Asian will soon own entire London, Melbourne, maybe even so city in US..who know your ice cream franchise may soon have a China boss...woohoo..

Yes. In fact Zeti is A+ central banker. Only 7 A+ bankers in the whole world and FED and MAS are not 1 of them IIRC.

Guess uuu are well into 2nd stage of denial syndrome.

Guess uuu are well into 2nd stage of denial syndrome.

Other countries theory doesn't apply here in Malaysia.

This is because we have very unequal distribution of wealth, we have small percentage of very rich control the entire market movement, those who buy properties don't mind keeping it vacant, even ro rent it out they also don't care if rental collection is low.

I seen 480K property rent out for RM 900 & owner don't even bother if it is vacant for 1 year till next tenant, when people offer to buy he ask for sky high price, take it or leave it, reason been he only pay 150K for the property, so mortage is like 500 only, so don't bother to rent nor wanna sell unless can get 3-4 folds profit.

Now ice cream Boy you will never see this in other countries you finalised particularly in western countries where income is more equally distribute. Therefore our rental never reflects property price.

Understand ?

The other countries that i know are not le....which countries you refer to? Dont act smart ok.

Are we under Martial Law? 

Malaysia also used too be.. but when speculators/flippers came in it changed

Triple effects next year.

GST, drop in crude oil and CPO price, high household debts. Having said that, high demand for properties price below 500k. Expect fewer launches next yr as developers are still selling off their inventories. So long-term wise, supply will be crimped.

The disaster come when you use credit card for downpayment, or die die also wanna commit 500k property with 3.7k salary.
Your commision from lawyer and cheating mileage claim is not fix income, sometime more, sometime may less, sometime zero, please don't count in to your monthly income n claim u earn more, you should target 300-350k property

From 4k also wrong.. now further drop? 3.7k.. really?

Shit! Bear bear pretend never see my comment

See jolokia or not.. changing the topic... and renegating many facts...startedxmany time .. troll many time.. mother in law.. gf.. father in law.. TS joking again

wanna end bubble talk...