say you are a bumi and work with the goverment, and let's say he got 200k in ASB investment account. My friend who work as a government servant told me the goverment loan interest is very low like 2.5 max 3%, so if he borrow 200k to buy a house, he just need to take money from the interest earn @ 8-9% in ASB to repay the loan...literally they are not paying any money to buy the house, still got extra money.

i think it's housing loan. only for house.

ofcourse need to pay the initial loan. but how much? will it be more than the interest earned from asb, if you calculate how much need to pay a year vs amount interest earn in a year.

lol, I specifically mentioning bumi working in government because 1) only bumi can invest in ASB and 2)government servant can enjoy low interest goverment loan. why do i mention ASB, because it's one of the most stable, risk free investment.

which in my ROUGH calculation, (If it's right) IF they have 200k in ASB which historically showing interest earning of 9-10% pa, countering their loan of 200k with 4% interest pa to buy a house, it will work out they LITERALLY don't need to fork out money to pay for the loan aka the house.

your earning 10k per month, can't even save 100k savings level, judging from the way you talk and seeing things, it doesn't surprise me. say you are earning 10k, thats 120k a year, take away 100k for savings, you left with 20k to spend a year which work out 1.6k to spend every month, which is more than enough to survive, and you cant do it, what kind of a spoilt brat you are. there are lots of way to get that 200k, it's not that much of amount in today's value, it can be sponsorship from parents or join fund with husband/wife/family members.

who's the mofo again?

actually, ASB is a capital guaranteed investment, you won't lose your money and 2ndly, if you look back the dividend return of ASB in 97-98 recession, some how it's quite high! Although I have no idea how and where they invest the fund, or may be they got bailout or something i oso dunno la

kadazans, ibans, bidayuhs, orang asli are all considered as bumi la

IINM chinese and indian too can invest, provided if you are muslim.