Property Investment Thread

[OngHuatHuat]

Best scenario: ringgit plunge, then interest rate unchanged mah.

Am I too greedy?

Only 0.11% nia. U will only feel it if they raise by 3% or more.

 

[shareholder]

Uob Malaysia raised their interest rate by 0.11 % as well. Seems like Singapore banks has been raising rates in Malaysia.

http://www1.uob.com.my/announcement_blr070116.html

I have loan in Uob as well, sigh.... ! Poor me.

No worries, can still sell off properties to get cash. When rates increase, another option is increase rent.

 

[mummy1234]

Uob Malaysia raised their interest rate by 0.11 % as well. Seems like Singapore banks has been raising rates in Malaysia.

http://www1.uob.com.my/announcement_blr070116.html

I have loan in Uob as well, sigh.... ! Poor me.

How much is all your mortgages monthly if Untenanted?

 

[henrylbh]

Best scenario: ringgit plunge, then interest rate unchanged mah.

Am I too greedy?

Plunge would be good for sg but not my as it will cause the prices of most things to rise, especially imported items. Properties will also likely to get hit as disposal income got eaten us by inflation.

 

[OngHuatHuat]

How much is all your mortgages monthly if Untenanted?

Around 4000 ringgit.

 

[OngHuatHuat]

Plunge would be good for sg but not my as it will cause the prices of most things to rise, especially imported items. Properties will also likely to get hit as disposal income got eaten us by inflation.

This is one of the concerns.


But the main concern should be difficult to secure housing loan in Malaysia.

 

[mummy1234]

Around 4000 ringgit.

That is not too bad for 3 properties... how about yr Sg condo ?

 

[henrylbh]

Around 4000 ringgit.

Around RM4000? But pic shows about SD4000

 

[OngHuatHuat]

Only for the property with uob Malaysia loan.

Sg condo monthly installment: sgd 27xx after 1.88 % conversions

That is not too bad for 3 properties... how about yr Sg condo ?

 

[OngHuatHuat]

Lazy to use Malaysia propertyguru mortgage calculator.
Interest rate 4.6 %, calculation is the same.

Around RM4000? But pic shows about SD4000

 

[henrylbh]

Lazy to use Malaysia propertyguru mortgage calculator.
Interest rate 4.6 %, calculation is the same.

You got only one outstanding property loan of RM900k in my?

 

[OngHuatHuat]

You got only one outstanding property loan of RM900k in my?

got 3

868 K
850 K
750K

 

[henrylbh]

OCBC just raised my Malaysia property loan by 0.07%, now it is at 4.52%. Sien.....

all bad news

got 3

868 K
850 K
750K

Ok now then understand. Only one prop untenanted with monthly instalment of RM4k rite?

 

[mummy1234]

got 3

868 K
850 K
750K

Rm4000 mortgage x 3?

 

[OngHuatHuat]

2 untenanted coz they are still under construction.

1 tenanted.

Ok now then understand. Only one prop untenanted with monthly instalment of RM4k rite?

 

[OngHuatHuat]

Around there.

750 k one should be lesser.

Rm4000 mortgage x 3?

 

[henrylbh]

How much is all your mortgages monthly if Untenanted?

Around 4000 ringgit.

2 untenanted coz they are still under construction.

1 tenanted.

That means your monthly is not around RM4k in reply to mummy since there is still another 1 untenanted with outstanding mortgage?

 

[mummy1234]

That means your monthly is not around RM4k in reply to mummy since there is still another 1 untenanted with outstanding mortgage?

I think should be around S$6500 which is quite tough for one to service..

 

[OngHuatHuat]

I thought she was asking for the one with Uob loan.

That means your monthly is not around RM4k in reply to mummy since there is still another 1 untenanted with outstanding mortgage?

 

[OngHuatHuat]

Never really calculate before, coz until now I din serve the full installment for 2 new properties under construction.

I think should be around S$6500 which is quite tough for one to service..