the speread they earn is not much.....are u kidding !!!!! 4-5 B NET PROFIT every year for few years now!!!
the reason why they hv these fcuk up attitude is bcos of the powerless bnm...
go check how much borrowers or more like idiots are paying interest every month...those 30-35 yrs i no need to check almost all gone to interest for first 5-8 yrs

most of the banks have other impairments of forseeable DD esp high risk like ong, transportation....but these are their fcuking problems in corporate loan...u dont come and slaughter retail banking customers

PB and uob......worst of the worst bloody fcukers

My unit is soho office duplex.
i had received my VP letter from since August. Got the reply this few days.
LAD will be offered with 12 months installments payment method. the CCC is targeting on first Quarter of 2017. Meaning to say i got to service the Bank loan start from OCT 2016 but without the possibility to stay.

Just check with my Bank also, Empire also late payment for 3 months, due to outstanding payment, the interest rate is increase from 6.5% to 8 %.
it also affected my loan application for my second property.

Seriously we really need to have a committee to solve this matter. seeking help whether any formed committee or group with this project now?

how about others buyers?

You could choose to reject 12 installment proposal and initiate legal action for 1 lump sum.

It's was like above 10% 20+yrs ago. It's quite fair for banks to charge those who alwiz miss the due date for installment ma. It's biz thou.

When bank give loan 300k at 4.4% then it will also have to get the money from somewhere ie 300k from fd at 3% or saving account at nearly 0%.

If the consumer withdraw fd on monthly basis at a fixed amount until the capital fully depleted in the next 30 years, then the initial years bank will also mainly pay for interest then at later years only reduce more capital.

Purely based on mortgage is not earn that much la, what earn more are those credit card, personal loan, late payment penalty etc.

Mortgage rate is the lowest among most of the borrowing costs cause it is supposedly the safest. The margin is not fantastic but is OK as it gives the bank stable and safe net interest margin and usually it wont explode in your face like other sour loans. Some banks like it maybe their cost of fund is very low compare to peers.

You could choose to reject 12 installment proposal and initiate legal action for 1 lump sum.

Initiate legal action?
How's the legal fees like?
Would it end up higher than the LAD?

Is there any law on LAD in Malaysia on how it should be pay out?

Just refer to the Sale and Purchase Agreement and look for LAD clause.

No such details of how should the LAD being pay out and in how many installments in S&P

pray for those empire city s owner.

The most difficult part of the project and construction such like deep excavation and basement construction already completed.
Supposedly the developer's shall able to complete it

The most difficult part of the project and construction such like deep excavation and basement construction already completed.
Supposedly the developer's shall able to complete it

The architectural and M&E components will need more money to complete.