Banks who process application have lots. So they dont call everyone.
You can call to ask and find out.
Otherwise, best apply for Pr1ma.

using runner for application,malas nak tanya which bank branches he submit the application , but oh well, im only purchase those property if only bank are willing to take risk lol. I know that the bank nearly reaching their loan-to-deposit ratio limit, so they will not give loan suka2 hati.

so for now, im committed to proceed with the only bank responded lol, hopefully that the loan process goes well, so far so good, dsr ratio is good, ccris records is good

This post has been edited by zerorating: Mar 6 2017, 06:29 PM

sometimes cannot trust runner. they say will submit to 10 bank. but in reality they submit mayb 1-2 only... dont be surprised if u call the bank they say dont have your application.

im awared of that, but i dont know any good mortgage officers anyway, so the runner (also property agent) know better than me anyway. I managed to get a loan meaning he closed the deal and getting commission.
its not a property that i die2 must buy anyway.

This post has been edited by zerorating: Mar 6 2017, 07:42 PM

with cash

Well, I'd say you can't follow US or UK simply because people's mentality are different, you must look at Asian countries for a better indicator or better still look at past trends in Malaysia itself. The last time there was a down trend in property prices was back in 2009 during the economy crisis. But this lasted only for 2 years then properties started shooting up.

This time around should be the same. The downtrend maxxxxx lah, until early 2020 but I predict by early or mid 2019 it should already end and go upwards. The downward price trend started somewhere end of last year.

Super bubble burst will not happen.

I predict max also market price drop by 40%...maybe 50% la.... But more likely most properties will just see 30% reduction in price.


Ready 500k++, I think end 2018 or next yr can get some smaller and older 3r2b condos for around there. Those below 1500sq feet la.

50k you rewind 20 yrs also can't get la. Wat tok Jew.

No vendor is willing to sell at below market price, property price drop by way of foreclosure. Foreclosure in the kangkong land could takes years to execute, hence, price will take many years to bottom.

Unless bnm to allow Myr to free fall, expect local bank interest rate to track fed. By 2019/2020, fed rate is likely 2 to 4% higher than currently.

This post has been edited by icemanfx: Mar 6 2017, 08:34 PM

Now oledi banyak ppl sell 10% below market price la. They dun say less, they use the term rebate. So many 500k condo rebate 50k...summore can use the rebate for dp. End of day loan 450k only...means already happening la. But they dun make it obvious onli. Wait a while more 20%, 30% also will come la.

Bubble everyday deflate and after it deflated it cannot burst, need to inflate everyday so it can burst

This is only possible if bank value the condo for 500k.

Property market gg already, especially lapsap condo/highrise. It's not a very big issue for property that already finished installments, but GOOD LUCK to those 90ltv...

main reasons:
1) supply damn much >>>>>>>> than demands
2) due to greedy developer, built high density shyt products
3) also due to AFFORDABLE HOUSING such as PR1MA/Rumawip/Ruma selangorku.
4) 100 housings, 30 buyers need it to stay, 300 buyers goreng/speculators/so called invest.. so you do the math ya.

Fyi, now the condo CAN'T EVEN RENT OUT. The market is very very over supply just like our great country sohem shopping malls. Everyone copy cat lead to everyone wait dai.

Marehsia is a great nation in term of copy this and that. #lovejib #lovemarehsia

Malaysia index is flying up fast today, Ayam can't wait to see the bubble to come

Does this mean the buyer getting 100% loan?

lets suggest to gomen for importing more awang hitam, profit profit

Yes, it's a trick/gimmick from a lot of property developer recently.

Sell prop for 500k with 50k rebate. Use rebate as deposit, submit to bank loan for 450k (90%) of selling price which is stated as 500k. But in the end, yes they getting 100% loan. 1 cent dp also din pay.

If not possible Jew think developer dare to do. They sure kaotim with the bank d la. Plus market price memang around there onli. So bank valuation sure lepas 1

Ayam stocks jatuh, sedih.

Ph is the saviour for condo owners.

And about those MRT project, ask the SA stop their skl... a public transport can save the whole market while avoiding rental price war? This's some bs like BR1M can save our country inflation that's caused by our suprim leader...

About those MRT projects, ask those skl sa buy two for themselves dulu la.

Ayam can simply make 10-20% from the recent bull run, just any stock will do
It has never been so bull before

but nowdays rehda complaining banks rejecting alot of applications, other than DSR/income factor, maybe sangkut on the valuation part?