Salam,tomorrow our PM will announce our Bank Negara imposes maximum loan-to-value (LTV) ratio of 90% for third home loan and Home Ownership Campaign (HOC) ,review our RPGT during Pelan Pemulihan Ekonomi Jangka Pendek at 3 PM tomorrow 5/6/2020. According to my first research, our LTV ratio was 90% for third home loan in 2008,2009.And our OPR rate reduced to 2.00% in 2008,2009. Our bank negara just reduced our OPR rate to 2.00% this year due to covid19 and low oil price. Based on my second research,our RPGT was 0% during 2008,2009 and government most likely will follow back the history. Our government will help to gain back buyer's confidence and boost our Property Sector
This is 2010 news,Government imposed 70% loan-to-value (LTV) limit on third housing loan
The construction, property, as well as automotive industries would also be given priority considering their importance in building consumer and investors confidence to get the economy back on track.
Dividend In respect of the financial year ended 31 December 2019, a final single tier dividend amounting to 0.70 sen per ordinary share has been declared by the Directors for shareholders’ approval at the forthcoming 53rd Annual General Meeting. The Dividend per Ordinary Share (“DPS”) shall take into account the potential additional number of RCULS and RCCPS that may be converted up to the entitlement date. The payment and entitlement dates will be announced at a later date.
“Rapid developments in i-City offers excellent economic opportunities to buyers and investors alike, with values intrinsically enhanced and position firmly cemented as the heart of Selangor’s Golden Triangle,” said I-Bhd chairman Tan Sri Lim Kim Hong in a press release.
He is confident that the group will exceed expectations in realising the values of its project portfolio within i-City.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Kengyao Tan
6 posts
Posted by Kengyao Tan > 2020-04-10 22:03 | Report Abuse
will be OK hahahahaha