Moratorium may give temporary relief and is not free.

This post has been edited by icemanfx: Jan 1 2022, 01:05 PM

How long?

Bubble bath only lah

Case by case. Need to apply.

Yes can anyone confirm this?

I heard also 2 years tongkat extension...

I think only for flood victim

https://www.bloomberg.com/news/articles/202...k-for-sri-lanka

As current bank real interest rate is about negative 1.6%. unless bnm rise rate soon, MYR exchange rate will likely tumble.

Negative real interest rate will shrink amount available for future investment and consumer spending.

This post has been edited by icemanfx: Jan 14 2022, 08:02 AM

How you get bank real interest rate?

When the interest rate is raised, a lot of properties will turn into negative gearing investments. Those who are breaking even now might start throwing after realizing that their investment decisions were unwise.

Whoever looking to buy, better start taking this into account and calculate based on the interest rate of 2.5% instead of 1.75%

Property bubble is a myth. Has been more than 10years and it doesn’t happen. Plus this year property prices going to increase

Same thing everyone in US was saying back in 2007 right until the subprime crisis hit them by surprise like a bullet train.

If malaysia popety burst BNM isn't doing their job and many will suffer for a long long time.

But BNM is run by smart pipu unlike our ahem... Piyem

Basically the whole house of cards will fall...

Even some banks will go bust.

Its not in thier interest to allow this to happen.

Because many projects are funded by our EPF moneh

I agree, I dont think it will burst, cause there will always be someone willing to buy even it is negatively geared.

But deflating the bubble is always possible with supply >> demand as most investors are smart and wont follow gurus BBB blindly. There are so many better investment vehicles out there that can make them money instead of burning their cash.

Elaborate more. Also, Malaysia doesnt have negative gearing to prop up the property sector like AU.

This post has been edited by Syie9^_^: Jan 15 2022, 04:26 PM

You Know you can just type all one in one post?

ever heard of Boomer generation, who out of jobs, out of savings AND still paying with their EPF?

soon they will end up where they are again.

More Employees Provident Fund (EPF) members will retire below the income poverty line level (PLL) if the government allows additional withdrawals of their savings, said Finance Minister Tengku Zafrul Abdul Aziz.

He said this was due to the continuous decline in EPF members’ retirement savings and currently almost half of the members had less than RM10,000 in their accounts.

https://m.malaysiakini.com/news/607031

This is how pain builds strength. The weak will perish and strong survive the odds. Policy will dictate boom or bust. Our economy is actually quite resilient compared to others.

This post has been edited by Fenix98: Jan 15 2022, 04:43 PM