well, although it's a good time to get under construction properties now, it's unlikely to get very good loan packages, even with the developer's panel of banks.

personally i think the BLR is somewhat too low currently for banks to offer any good deals, by the time the developments are completed (probably in a few years time), the current loan packages won't look so appealing if the BLR increases within the next few years.

i didn't go through all the packages available for all new developments, but so far i've seen BLR-2.15% whole tenure. well, perhaps i'm a bit too greedy myself.

but personally for me, if the packages are signed up now the monthly installment is a kinda deceiving, although BLR will soon be going further down in the coming week. when the BLR goes back up in the near future, some will be crying foul when they find out that they need to pay higher than what they initially assumed.

packages with average interest rates around 3.8-4% now looks very tempting though.

i'd like to know that too.

people in general are talking about anticipating a drop in property prices, but have no apparent reasons to support that statement apart from 'the economy crisis'.