Investment RESIDENSI PLATINUM OUG | VISTA OUG [RUMAWIP] [OT], PVictory aims to be major developer
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 Apr 21 2019, 02:57 PM
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#1
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Junior Member
976 posts Joined: Jun 2006 
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QUOTE(warrenbuffett @ Apr 20 2019, 05:23 PM) I have a question. Public Bank only willing to give 80% loan for PV OUG. Can I assume that Public Bank done their valuation and think it only worth 80% from the original price? Or maybe is due to bank find out developer give extra discount. |
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Apr 23 2019, 02:13 PM
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#2
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Junior Member
976 posts Joined: Jun 2006
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QUOTE(Bjorn1688 @ Apr 23 2019, 12:39 AM) PBB is well known for doing that and also sometimes many banks do that even if your documents are perfect but they had already finished their quota on the number of units they want at a certain project. I heard their rate not bad like first year 4.28 and then second year 4.4/4.46 |
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Apr 23 2019, 10:06 PM
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#3
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Junior Member
976 posts Joined: Jun 2006
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QUOTE(Bjorn1688 @ Apr 23 2019, 09:36 PM) They do have good rates most of the time but depends on the property and borrower profile. In your experience, which bank has better valuation?Unfortunately it can also be a nightmare bank when it comes to subsales as their valuation tends to be very conservative. |
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