BNM may hike OPR in March 

By Standard Chartered Global Research 
Tuesday, 02 February 2010 10:18   

just wanna ask.. if property is going down.. should i buy house now when the bank offer higher BLR-  or waits to the property value drop?

thanks

Don't you think it's almost impossible to buy a property under Rm250k, limited on under RM400k? How much is a person under the age of 30 earning? RM5 to RM10k? It's ridiculous on the salary vs prop price.

So many high value projects, especially on the recent launches, were fully snapped up. I wonder they can pay it. I know the power of leveraging kicks in, but it doesn't make sense seeing current development. Alot of MNCs coming in M'sia to spike the RE prices? No, i dun think so...

And those easy entry scheme, like the most recent some project in ara damansara, selling houses basically just bangin on lrt station, providing 10% discount but the price jack up like so high, half a million to buy a condo? developer didnt even get the license to advertise yet but the sales are crazy. just pay RM3k...sounds good but scary....especially youngster just buy it without much due diligence...

It reli worries me!

Does this mean that they are using tax payer money to help Bumiputra to speculate on multi million KL property with a RM500 deposit ?

"Imagine the feeling of the Bumiputera who are walking in the city and, when they look at all the skyscrapers, they feel that they have no share in them."

for an average citizen, what the h3ll he cares those skyscrapers belongs to who....i think the Bumiputera he referred was referring to himself

definitely too soon to tell... but i'll ask anyway...

anyone notice any real effect of the 70% lvr? any slowdowns?