2nd lockdown is almost certain will occur in this country. How long and how wide is another matter.
It is prudent to trade up with rising income.
Should I buy house Next Year?
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 Jul 29 2020, 09:54 AM
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Jul 29 2020, 12:08 PM
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QUOTE(j88j @ Jul 29 2020, 11:28 AM) last few weeks banker told me wait for Jan 2021 there will be a lot lelong house which owner unable to pay after Oct 2020 (3 months no payment then lelong) He said banks suffered a total loss of RM6.4 billion, which affected their capacity in providing new loans totalling some RM79 billion.but today 3pm PM will announce loan moratorium extension...LOLz  https://www.malaysiakini.com/news/536531 Loan moratorium suspend loan repayment mean less funds is available for bank to disburse new loan, tightening liquidity, lower loan growth, less and slower property transaction moving forward. This post has been edited by icemanfx: Jul 29 2020, 01:18 PM |
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