any dateline?

fast if want.

Latest of the latest offer i received, should be the last offer:-

New house under construction, property value = RM350,000
Loan 90%
ZMC
30 Years

PPB offer -> BLR - 2.1, waived penalty of my existing PPB housing loan (around RM3800)
SCB offer -> BLR - 2.51 first two years, then BLR - 2.31 the rest

Both flexi, RM10 per month charges, MRTA.

All sifu, which offer should i accept?

Kindly advise.

Thanks.

If you plan to stay with the loan for long term (more then 10 years) then SCB will be better choice for you. The 0.21% different every month already need to pay extra RM40/mth to PBB. In total 30years you already saved RM16k+ with SCB. Minus out RM3800 penalty you still saved RM12200+.
But this only only for long term calculation. (30years)

If you plan to refinance or sell the house in 5years or shortly, the PBB will be a better choice.

aiyo.... headache..... difficult to choose.....

i heard new condition from scb, if we put in 70% extra money in the current account for 30days, then will kena extra 1% interest rate.....

confusing......

pbb or scb.....

I'd always thought that the interest rates for home loans was above BLR.

I would like to know from those who have applied for loans, the rates thrown about in this thread e.g. BLR - 2%, BLR - 1.5%, will this rate be the same for the duration of the loan or will this rate below BLR be only for the first few years??

Yes, the 70% offset interest capping is confirm and it's already in force for some times already.
But then, 70% of RM350k = RM245k. If you think you will have this money in short time, then go for PBB lo.

---

Added on November 19, 2009, 8:26 pmIf you refer to 5years+ ago, Yes, all the interest rate for housing loan will be around BLR+XX%.
Now whole market trend already become BLR-XX%.

And the BLR-XX% will be used to calculate interest for whole tenure of your loan.

This post has been edited by onnying88: Nov 19 2009, 08:27 PM

Real Property Gain Tax To Stay.
Property: RPGT to go ahead, says minister. The government will go ahead with its plan to implement the 5% RPGT on Jan 1, 2010, says second finance minister Datuk Seri Ahmad Husni Hanadzlah. The tax to be imposed on gains from property disposal is irrespective of the holding period and category of owners. (Source: New Straits Times)

Folks, I'm interested in refinancing my house, currently with maybank (rm240K)

Any sales/officers here, please contact me via PM.

Thanks.

Your 1 stop financing solutions provider (ING)

Services provided are:
1) Free policy review
2) High interest saving account
3) EPF investment
4) ING Home Loan


Feel free to contact me.
denny@insured-life.com
017-4387038

Veejay, I've pm-ed you. Check your inbox? =)

This offer still avaiable?All bank not fixed their BLR-1.8%?

I'm sure the banks will be finding a way to get around the -1.8%
Perhaps with different wording, rebate or other incentives.

Citibank new rate is BLR-1.6 for subsale effective 1 dec 09.. those who want better fast fast

Call me for public bank package (penang sp, kulim)
0164968346 max
or
email : max87_3@hotmail.com

one of my agent told me that PBB still giving BLR-2.0% despite they've revised to BLR-1.8% earlier this month, is it true?

Not sure whether the BLR i got is good...

I just booked 1 unit residential prop (rm377k) at Setia Alam.
5/95 Best of Best Package
5% Down payment
0% Interest for 2 years during construction (1st year bank, 2nd year developer)
All other fees developer pay
Must take their panel bank. Got 3 (Maybank, EON, 3rd one cannot recall). All 3 offer BLR-2.3

I have also booked another 1 unit office lot (rm450k) with Sime Darby. Bulk purchase together with few other people. We are offered BLR-2.0 from Maybank, Cimb and UOB. Zero moving cost.

This post has been edited by auhckw: Nov 25 2009, 05:41 PM

Case to case basic.

Hi guys, need your help/advice.

Now, I have few offers on my table that i need to choose. I don't know which one is better.

The Property value is : $355155 (Under Con Property)

Bank H
MOF : 90%
1st Year : BLR - 2.1 (from the date of 1st drawndown)
2nd - 5th Year : BLR - 1.7
After : BLR - 1.9
No MRTA
Tenure: 35 years
Lock in period : 7 years (from the date of 1st drawndown)
Flexi (RM 10 maintenance fee monthly, RM 8 for ATM and ChequeBook yearly)

Bank P
MOF : 90%
BLR - 2 throughout tenure.
MRTA : 20 years
Tenure : 40 years
Lock in period : 5 years (from after construction has completed)
* Have not prepare the LO for me yet.

Bank M
MOF : 90%
BLR - 2 throughout tenure.
MRTA : 37 years
Tenure : 35 years
Lock in period : 5 years (from after construction has completed)
* Fully Islamic product
** I' dont know how they calculate, but I need to pay about 90% of full installment amount for 1st 2 years starting from 1st drawndown

Bank A
MOF : 90%
1 - 3 year : BLR - 2
After : BLR - 1.9 throughout tenure
MRTA : 37 years
Tenure : 45 years
Lock in period : 5 years (from after construction has completed)
* Islamic product
** Cheapest installment bcoz of the tenure period. But 45 years for tenure is ridiculous right? what do you think?

Bank X
BLR - 1.8
35 years
bla bla bla (i really don't very clear with their offer, keep promising me to prepare the LO, but until today still no answer, need to call and ask everyday, i really2 tired of this bank)

So, what do you guys think? Which one is the best? I have until the end of today to give my answer, otherwise, I will lose offer from Bank H. (that's what the banker said). Bank P ask me to wait until monday for the LO to be prepared. Sigh
Bank X? (i fedup already waiting for them)

Please help me decide guys.. i am in the middle of big crossroads.. appreciate your help. Thanks

thanks for the reply