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BLR Malaysia Increased From 6.30% to 6.60% Effective 11 May 2011

Base Lending Rates (BLR) in Malaysia increased 0.30% from 6.30% to 6.60%, effective from 11 May 2011. March 2010 = 5.55% to 5.8% May 2010 = 5.80% to 6.05% July 2010 = 6.05% to 6.30% May 2011 = 6.30% to 6.60% New Bank BLR Rate Affin Bank = 6.60% (effective 12 May 2011) Alliance Bank [...]

Latest Base Lending Rate (BLR) Malaysia Increased From 5.80% to 6.05% in May 2010!

Malaysia BLR rate increase again! Adjustment on Base Lending Rate (BLR) in Malaysia is made following by Bank Negara’s announcement to raise the overnight policy rate (OPR) by 25 basis points to 2.5% on 13 May 2010! Both local and foreign banks in country have started to announce their latest BLR rate, respectively as below: [...]

Malaysia BLR Increased, Should Investors Stop Buying Property, Stop Investing in Real Estate?

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 [...]

Latest Malaysia Base Lending Rate (BLR) Increased From 5.55% to 5.80% in March 2010!

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) [...]