Buy if below market value.

Handbrake if project.

Whats this got to do with my question lol. I'm not gov servant btw
Project meaning? New launches?

Easier said than done especially those highly leverage/geared.

poorperly is illiquid, it could take longer than expected to liquidate to adjust. only those prepared before the crisis could escape with less damage or injury.
Banks merger could mean the weaker party is stretched. some well known developers could fold from heavy debts.

Yes.

Why u alwiz choose to b the kantoi species πŸ˜‚πŸ˜‚πŸ˜‚

U hav a choice. Noone force u to lose money wan. The rest leave it to god.

Further to tat u r 9 st ahead of any1 here how can u fail??? πŸ€”

Until you are out from your coconut shell, your world is the coconut shell.

Until u r the expert in 1 particular field then u ll know how to handle

It's experience so to say πŸ˜ŠπŸ˜‰

Well I oso salute n respect ur con job well done in sucking the money fr ur naive clients. But 1 thg I failed to und. Wats the different between fund con job n prop guru skl??? 9 st ahead sifu pls enlighten 😘

Tqtq

As said many times, until you are out from your coconut shell, your world is the coconut shell.

Oh true oso hor. No wonder ur coconut sounds like automated answering machine. Now I und liao. πŸ˜‚πŸ˜‚πŸ˜‚

Don’t bother. No references.

Just repeating same thing over and over again.

Facts remain unchanged e.g overhang.

Different skill set makes the difference 😊

One could only defy or ignore reality, gravity, long term economic equilibrium, the law of supply and demand temporary.

Meaning u hav no idea where to look for success???

One whole big round the botanical garden but stil lpplπŸ˜‚πŸ˜‚πŸ˜‚

As said many times, until you are out from the coconut shell, your world is the coconut shell.

A lot of borrowers not really understand the interest mechanism how to impact lending policy

A lot of borrowers misleading & miscalculating the lending cost

I will give you direct example :-
Scenario 1 :-

Mr.A has borrowed the loan from Bank during Dec'19, the bank offering him by BR + 0.50% = 4.25% (during Dec'19 period, BR only 3.75%)

So now Bank Negara Malaysia (BNM) suddenly had announced 2 time interest rate cut (OPR cut), 1st cut at 23/01/20 by 0.25% and 2nd cut at 03/02/20 by 0.25%

Simultaneously Mr.A will enjoy lower interest rate charged by 0.50%, which mean now Mr.A can enjoy 3.75% home loan interest rate
Scenario 2 :-

Mr.Y now intend to apply home loan but unfortunately bank can offer BR + 1.00% = 4.25% (new BR is 3.25% after OPR cut 2 times)

So Mr.Y has asked the bank, why your bank still maintain offering 4.25% since BNM had already announced 2 times OPR cut??

The Bank officer told Mr.Y that, despite BNM had already cut 2 time OPR, it does not mean new home loan application can lower down the interest rate because now bank profit margin getting lower & lower

If, the Mr.Y taking the home loan right now, ie BR + 1.00% = 4.25%, in future Mr.Y need to absorb higher interest cost

The reason behind is because BR can adjust anytime but spread rate (ie +1.00%) is fixed for entire home loan, in other word, if next few years later BNM gradually increase back OPR at the same time BR also adjust back, let say gradually increase by 0.75%, so Mr.Y home loan interest rate cost become 5.00%
Now you know why NOT BENEFIT for those new home loan application 

Today just checked with few banks after the implementation of new rate (OPR CUT BY 25 basis point), without any insurance :

RHB 3.85 TO 3.9%
PBB 3.85%
Ambank 3.8%
Hlb 3.65%

HLB repayment capped at 70% for conventional, 30% capped for Islamic, if you wish to dump in additional capital to reduce interest rate, and also to clear the loan faster, avoid taking this loan

Original posting here: https://forum.lowyat.net/index.php?showtopi...post&p=95731496

Now the main issue is not easy to do refinancing

Unless you are low gearing & personal profile sufficient strong

Unfortunately a lot ppl holding few units property also hardly to refinance

When market not stable,  banks definitely very cautious to review all credit facilities

Recently some majority banks already tightened lending policies,  no matter refinancing or new property purchase