Will the increased BLR rate affect badly on the ROI (profit) of your real estate investing? I don’t think so. At least, I will say the situation is still manageable (especially for those who have mortgage package at BLR – x.xx% ). Therefore, please think twice before you decide to stop investing now due to [...]
So far, most of the banks in Malaysia have made announcement to increase the Base Lending Rate (BLR) to 5.8%, effective from March 2010. Here are some of the banks’ new BLR rates: BLR Alliance Bank = 5.80% (12/03/2010) BLR AmBank = 5.80% (10/03/2010) BLR CIMB Bank = 5.80% (09/03/2010) BLR Citibank = 5.80% (11/03/2010) [...]