hi all,

do you think it is a good time to buy a house (for living, not investment) at this point of time? concern on malaysia 2008 financial stability, estimate GDP 5.7-6%, msia construction material price increasing(steel etc.), US economy recession, and any other issues you might think of?
house info: asking price 390k, 22x80, 5rooms with auto gate alarm system, freehold located at Bandar Kinrara Nine. Completed on Jan2007,launching price 320k+.

pls share your thought
thanks

p/s:one of the concern is that if you are coming from puchong,u need to make U turn from TPM. i was told by the i&p sales person,the link access to bk5 or 6 golf club will only be build 5-7yrs later. anyone has better update?

This post has been edited by rayanne: Mar 31 2008, 01:55 PM

i got this from bank negara website.


Attached File(s)
 BLR_2007_table.pdf ( 39.6k ) Number of downloads: 194

hmm thanks for the input. i got much more to learn before commiting a property.

i only have 10% for d/p. and extra money for minor renovation.
looking at the history of BLR chart i attached in post #2, if the trend goes accordingly then the BLR could be possible goes up .. no one can tell whether i afford or not by that time..hmm i learnt that extra money is very important then.

is there a loan package that without(or lower) interest pay if you have a certain amount of money put into the bank fix deposit account?what term does it call?

huh..so..
i will really look into this
tqvm!!

thank u all for sharing,keep it up..

acidfreako,
BK9 is way at Caltex station.. no way to access yet even from that fly over at this point of time..