Money 888

WHY PROPERTY INDEX DROP DESPITE INTEREST CUT TODAY ???

mike90
Publish date: Tue, 07 May 2019, 10:18 PM

PETALING JAYA: Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) today slashed its Overnight Policy Rate (OPR) by 25 basis points to 3%.

The move is seen by many as a proactive measure to address an economy which is slowing.

Malaysia’s economy grew by 4.7% in 2018 and the government maintains an official growth projection of 4.9% in 2019. However, actual growth could disappoint as the economy faces numerous external headwinds and high debt levels.

One of the most critical external factors which the Malaysian economy is facing currently is the impact of the trade impasse between the US and China. Commodity prices such as palm oil are also on the downtrend and this has a telling effect on the economy as palm oil contributes 5% to 6% of the nation’s GDP.

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1 person likes this. Showing 18 of 18 comments

newbie911

Why?

2019-05-07 23:22

calvintaneng

Cut of .25% to 3% not enough lah

Make it a more deeper cut to 2% better

1. Lower interest rate will ease high loan payment for houses

2. Low interest also help give relief to Company debt obligations ...leading to better cash flow and profits

3. Low interest cut cost and make Malaysia exports even more competitive

So go ahead, Bank Negara, cut it to 2% boldly and stimulate the economy to the full

2019-05-08 00:15

Haw Liao

wait for the bubble to burst...

2019-05-08 10:32

Airline Bobby

Interest rate drop but loan approved still strict... U say leh

2019-05-08 11:11

kelvin

LOL. do you go to buy a house immediately after the rate drop ?

2019-05-08 11:13

calvintaneng

IN MALAYSIA HOUSE PRICES STILL VERY CHEAP COMPARED TO MANY COUNTRIES

IN SPORE 1 ROOM APT BELOW 500 SF NOW SELLING OVER $1 MILLION SING DOLLAR

OR RM3 MILLIONS

SEE

https://amberparksofficial.com.sg/?gclid=EAIaIQobChMI_6PHh4uL4gIVjxWPCh2QmAXkEAAYAyAAEgK5n_D_BwE

2019-05-08 12:26

calvintaneng

SEE NEW ZEALAND NOT A GOODS EXPORTING NATION HAS CUT RATES TO ONLY 1.5%

MALAYSIAN ECONOMY DEPENDS SO MUCH ON EXPORTS SHOULD CUT RATE TO EVEN 1%

https://www.thestar.com.my/business/business-news/2019/05/08/new-zealand-cuts-interest-rates-to-historic-low/

2019-05-08 13:02

Musang King

Clap Clap Clap

2019-05-08 16:33

makemoney1

dunnid compare singapore la.....compare klcc vs bangkok, manila, jakarta, vietnam...their price is super high....Malaysia is super cheap. Now is not house price high but salary low

2019-05-08 17:19

qqq3

even Economist Nobel prize winner cannot tell u what is the most appropriate interest rate for Malaysia.........

2019-05-08 18:13

qqq3

what we can say about OPR cut is that authorities are concerned about a weakening economy........


beyond that, it is anyone's guess.

2019-05-08 18:27

Heavenly PUNTER Research IB

You cut to 2% MYR will depreciate like crap.

2019-05-09 20:52

Heavenly PUNTER Research IB

1 USD to 5.50 MYR

2019-05-09 20:52

qqq3

many factors make up exchange rates.

2019-05-09 20:53

Heavenly PUNTER Research IB

productivity or GDP per capita is one. For your information, our GDP per capita is 1/7 of Singapore's... Basically it means 1 Singaporean can be 7x times more productive than us Malaysian, what a shame.

2019-05-09 20:55

Surewind

If you cut yr interest rate too much, ppl will be selling all their bonds because of lower interest rate. That's why central bank will not cut more than 0.25 basis points. If bond market is flooded, the price of ringgit will normally drop more against US dollar. Better for exporters, but bad for importers and politics.

2019-05-09 22:25

qqq3

WHY PROPERTY INDEX DROP DESPITE INTEREST CUT TODAY ???


u are looking for stock market to behave in a certain predictable and logical way................from university u learn about stock market and economy and that stock market got predictive power.

well...I think your professors are wrong.

2019-05-10 10:13

Heavenly PUNTER Research IB

No lah unker, university teach you efficient market, no way you can outperform or underperform the market index. Complete bullshit I say. The lecturer nearly got mad at me.

2019-05-10 19:00

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