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 Multiple Signs of Malaysia Property Bubble V20

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diffyhelman2
post Apr 9 2020, 01:39 PM

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QUOTE(bearbearwong @ Apr 9 2020, 01:24 PM)
most of the loans is called compressed loans... bank officer submit simultaneously for you based on one salary earning and lands you with muitiple properties, of which you cannot afford to pay the installments...

the 30% upfront , nowadays cash rebate 20% upwards... maybe pay 5 % upfront, cincai dig also can get... plp investing wont pump 30% in unless is a damm good deal and credit is exhausted...

buy liao, 4 years ago, price crash 20% after renovations
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Hasn’t loan compression scam been tightened up? Still not made illegal yet? Banks haven’t improved their checking procedures for these kind of schemes?
diffyhelman2
post Apr 9 2020, 01:40 PM

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QUOTE(kidmad @ Apr 9 2020, 01:31 PM)
dude.. you still don't see the point after 8 years? no lesson learnt? tell me what kind of other investment would not go down along with property? Your dream came through we are in a real bad shape when it comes to economy. So what's your next step? continue renting? converting all your cash into GOLD?

KEEPING cash at this point of time WORST! if the country go bankrupt.. all the paper money will eventually be worthless.
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You could always keep a basket of foreign denominated cash and/or gold.

This post has been edited by diffyhelman2: Apr 9 2020, 01:41 PM
diffyhelman2
post Apr 9 2020, 01:42 PM

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QUOTE(alexkos @ Apr 9 2020, 01:41 PM)
Studio kl 150k 500sqft got?
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Flora damansara. brows.gif
diffyhelman2
post Apr 9 2020, 01:52 PM

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QUOTE(AskarPerang @ Apr 9 2020, 01:51 PM)
Venice Hill  flex.gif
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Pr1ma houses got affected?

 

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