Malaysia Real Estate

[brennbar67]

For new loan or re-finance:



What AIA Home Loan Offer
AIA HOME LOAN is a unique mortgage package to meet customers’ needs as it protects customers from the volatility of interest rates so that borrowers would enjoy peace of mind and easy financial planning due to the fixed installment amount. It is flexible as the more you pay, the more you will save and you can sell off or pay off at anytime without incurring any penalty.

Benefits of AIA Fixed Rate
1) Flexible prepayment - No prepayment fee will be levied if prepayment is from own savings, Employees Provident Fund or if existing loan is replaced simultaneously by another loan from AIA for the purchase of another residential property for own occupation.
2) Guaranteed fixed interest rate for the entire loan period or up to 30 years. Absolutely no fluctuations in interest rate. The one opportunity to lock in at these fantastic low fixed rates for up to 30 years.
3) Assured financial planning and peace of mind. Fixed monthly repayment helps to plan and chart a clearer financial planning for the family as housing loan instalment is one of the highest loan commitments in the family.
4) $ Daily Interest - Loan calculation based on daily interest.
5) Definition of zero moving costs - Zero moving cost are fees that will be borne by AIA which includes only valuation fees, professional legal fees, stamp duty, discharge and disbursements (such as registration fees, land office and bankruptcy searches.) Other fees such as administration charges by developers etc are excluded.
6)In AIA HOME LOAN the flexibility of pre-payment includes allowing customers to start payment monthly installments during the period of progressive release for properties under construction. Customers can start paying installments instead of just servicing progressive interests for period of two to three (2-3) years which actually lengthens the loan period by the same period.

AIA Latest Home Loan Packages:
A unique housing loan package that offers the following options:-



For more information about Terms & Conditions, visit:
.://..aia.com.my/prod_mortgage-aiafixedrateloan.htm

If u need more analysis & comparison for other bank loan packages and AIA home loan package, feel free to email me.


For any assistance and free consultation, please contact us:
Contact No. & email
: 016- 3320521, brennbar67.pg@gmail.com (Daniel)
: 016- 4106678, ericlps.pg@gmail.com (Eric)
____________________________________



AIA is a Member of American International Group, Inc

[brennbar67]

Hi All,
If u need calculation on monthly repayment, loan packages comparison or analysis.. Feel free to email or contact me. No charges required.

[kazumi]

got sum question...

1. is there any bonding period?? if yes, how long??? during bonding period, can u pay off the loan??? is there any penalty??? can withdraw the prepayment money made???

2. does "no fluctuations in interest rates" means, if in future, the BLR increase high, then AIA wont review the rates??? banks do review the rates, and they have the right n it's stated in LO.

3.........

4. nowadays all bank also daily rest. but, izit daily compounded???

5......

thx...

[brennbar67]

[kazumi]

thx for replying.

1. yea, it's thru that usually wouldnt nid to withdraw money from the prepayment made.... but u "wont know wat happen next sec".... =) the charges u said when if u r not using the facility is only applicable for flexi loan, not term loan...

2. what i mean is, bank also offer a FIXED RATE PACKAGE, but they hav the right to revise it IF blr increase too much but i dunno "how muc" lah..
does ur company will do that either???

3..............................................

4. i understand that daily rest means interest divide into 365 days. wat i wanna know is, e.g., local banksssss... they will calculate the o/s of loan on the due date (monthly compound) even we pay earlier;;;; international bankssss... they will calculate the o/s loan everyday. if payment was made 5 days b4 due, they will calculate the new o/s loan even it's not due yet. so, we can save interest of the 5 days.... so, does ur company calculation is on monthly compounded or daily compounded???

[brennbar67]

[kazumi]

HSBC, Standard Charted, Citibank, UOB are the banks with daily compunded. anyway, i oredi take up a loan from hsbc, juz wanna gain some knowledge from u guys.

THANKS!

[brennbar67]

If you think your package is not worth in the long run, why dont you re-finance in order to save the interest?
You can submit all your information to me, so I can help you to calculate and analysis as well and it is FREE for consultation.
Since you mentioned it is compounded, the longer you drag on, the more interest you will pay. Why don't you seek for out-of-debt plan now!
No one can help you if you don't want to help yourself.
Stop hesitating, call me now to set an appointment.

"If you do not have an OUT-OF-DEBT PLAN, rest assured you are under the influence of someone else's INTO-DEBT PLAN" - John Avanzini

[brennbar67]

Analysis of BLR:


*Source from Bank Negara Malaysia (BNM) statistics

What do u think with our BLR trend in future?
Historically we have seen that low BLR is 6% and BLR can go as high as almost 13% p.a. during recessionary years as in 1985 and 1997.

[Waftrormanone]

Thank for the help me.


Sam

_________________________________________________________
business investment
_________________
ways to earn money,liberty reserve hyip

[brennbar67]

Article extracted from "The Star" newspaper, 7 Dec 2007.

AIA Home Loan, Low Fixed Rate all the way for 30 years...
No fluctuation... Peace of Mind...
Lock in while you can... at it's lowest rate... !!

[brennbar67]

Sources from Personal Money, Dec 2007.

[brennbar67]

*Article contributed by Homelink.

[brennbar67]

What is advantage AIA compare ING? why should AIA?

..realestate.net.my/forum/viewtopic.php?p=77348&highlight=aia+profiles#77348

[brennbar67]

Important keys when choosing a home loan:

Purchasing a house can be a valuable form of investment. However, it requires considerable thought and careful financial planning before taking on such a big step. If owning a house is part of your financial goal, then you’ll need to know what you can afford from your income and savings.

Choosing a suitable home loan for most of us is a beginning of a long term commitment, one which can stretch up to 30 years! Selecting the right package is very important. If this is not planned carefully, you may find your finances strained. So, know the important keys before selecting the best packages that will suit your needs.

Important keys:
1) What are your needs?
2) Purpose of your property purchase
3) Is the interest rate going up or down?
4) Types of housing loan packages?

For any assistance or free consultation, don't hesitate to contact me.
I can also provide you a financial need analysis and planning.

[property_hunter]

are banks allowed to charge processing fee for the offer letter if we decide not to take it? Are they allowed to charge 0.10% interest fee for not accepting offer within 3 days? Am quite taken aback from the T&C provided by one of the banks. so many hidden charges!! whats the transfer of memorandum fee which takes up to 3% of approved loan???

[brennbar67]

[brennbar67]

Top Mortgage loan packages in current market... only the top packages will be listed here..


*Source from Personal Money, Feb 2008

[brennbar67]

Malaysia May Have To Adopt Higher Interest Rate Regime, Says Economist

Malaysia may have to adopt a higher interest rate regime by the end of the second quarter of this year as inflationary pressures become more prominent in the economy, according to an economist.

Senior strategist of global markets, Asia, of Fortis Bank Singapore branch, Joseph Tan, said while an aggressive hike in interest rates may not be necessary to slow inflation, the Malaysian economy may need to take the first step in raising interest rate by 25 basis points.

"As surging oil prices prevail in the global horizon and inflationary pressures gather steam, Malaysia will have to assess the extent of the impact of the 25-basis point hike on inflationary pressures," he told Bernama on the sidelines of the 2008 International Financial Planning Advisors Conference here.

According to Tan, the Asian region is now grappling with inflationary pressures in the economy.

While Malaysia's inflation may not be at an alarming rate currently since it was coming more from the supply side, Tan said lingering high crude oil prices will trickle down to the prices of food and other essential items eventually, especially if fuel subsidies are lowered.

"There is also a tendency for the currency to strengthen further against the US dollar as other currencies in the Asian region rallied against the US dollar and struggled to keep interest rates steady," he said.

During the week, the yuan broke a new record high, rising 16 percent since the end of its pegging to the dollar in 2005, as China's central bank pledged to make the currency more flexible to curb inflation.

The Singapore dollar also rose to a 10-year high this week while other currencies in Asia also gained significantly following the weakening of the US dollar on expectations of more interest rate cuts as poor economic data points to a slowdown for the US economy.

Tan said the key themes for Asia this year will be the sub-prime mortgage effects in the United States, the easing stance of the US Federal Reserve and inflationary pressures.

According to him, Asia can withstand a slowdown in the US economy.

"Asia is the fastest growing region today. There will be no recession in this region. Its high currency reserves and regional financial cooperation such as the Chiang Mai initiative will keep the economy growing," he said.

Tan said Asia has investment grade credits and is an attractive bond market, particularly countries like Vietnam, Indonesia and India.

However, there are risks to the economy, he said, adding that markets in Asia and globally have become more volatile.

"Risks of crisis will likely to be more systematic rather than country- or region-specific," he said.

Source: Bernama.com.my
Date: 23 Feb 2008

[purpleshoppe]

AIA market their loans thru their life agents. from the loan, it does not contribute much to their compensation.

the luxury is in the insurance part. per Credit Processing department of AIA - it is RECOMMENDED, therefore not compulsory. be sure you have options and not leave all your eggs with the AIA agent.

upon obtaining the LO, they will usually try to sell an insurance protection plan. if you already have a life insurance, try to use it. avoid MRTA if you plan to settle the loan quicker than normal. if you sell the property in a few years, the refund will be shockingly low.

options include (assume age 35male):

1. whole life policy - par and non-par approximately 2-3% per annum on the loan principal

2. MRTA - about 5% of loan principal

3. investment-linked: this will depend on the selling skill of the agent, but usually 200 to 500 per month

4. endowment - 5 or 6% of the loan principal annually

all returns are ofcourse non-guaranteed.

disclaimer
------------

MRTA is important, for protection. But for protection alone, there are many options. consider your needs carefully and avoid spending too much on the protection. you can easily get a 200K protection for whole life by buying investment-linked with the cost of 600 per year. Avoid spending 500 per month for retruns that are not guaranteed

[brennbar67]

The premium will depend on your sum assured, which is normally your loan amount.

Lets take an example, let said RM250k loan, with 35yrs old.
The premium per month is not RM500 as what you highlight.

And normally we do not encourage people to over insured as well..
You have to understand the main purpose taking MRTA or MLTA(Life) is mainly to cover the borrower. All this products are meant to cover uncertainty in future that you can't foresee.
Don't tell me you have a crystal ball??

Most of the time, a lot people can't settle the loan as soon as possible.
Do you mind to share how many of your friends able to settle the loan in 5 years time??

You have to understand in our country situation, not many people are savy in financial yet. So, the same situation happen in mortgage and all the financial products, such as how the product works?
Lets said you are not clear about a product that you interested, will you going to buy blindly??
Thus, as a consumer if have the choice to consider before you buy. Therefore, getting a right agent to give you a right advise is very important in the process.

How do you come out the premium figure that you mentioned? Do you consult any agent to obtain these figure? Or are you an agent as well??

There are many factors that determine the premium, such as:
age, occupation... just to name a fews

[brennbar67]

FYI

Based on the Reader's Digest trusted brands 2007, AIA was voted by consumers as a trusted brands.


*Source from Reader's Digest

[brennbar67]

Good reference book to share..

Title: Property Jewels (National Best Seller)
Author: Renesial Leong (MBA) Queen of Property,
Co-author: Lum Woon Foong
263 Diamond Studded Strategies to help you become a Property Millionaire
"The Real Life Property Investor who made it Big"

INVEST RIGHT The First time and Every time
- Real Life Property Investor
With 16years Proven Track Record in acquiring prime properties and blue chips tenants YOU CAN

[brennbar67]

AIA Introducing new Individual Credit Protection (ICP) Plan.

Differences between ICP and MRTA/MLTA from banks

1) Transferable and Portable - AIA ICP stays with the policy owner, no matter how many times you refinance.

2) Customer enjoy 20% Instant Savings on the Joint Life Applicants.

3) Flexible coverage term from 5 up to 40 years + 3 years construction period.

4) Single Premium - One time payment for the entire loan tenure, no worries on payment lapse.

5) Covers Death and TP Disability - sickness, natural or accidental.

6) 24 hours Worldwide Coverage.

7) Flexibility of Cash Surrender Value or Absolute Assignment to Bank.

8 ) Affordability.

____________________________________



AIA is a Member of American International Group, Inc

[brennbar67]

How to Strategize Your Resources & Use Your Borrower Rights To SAVE Up To 90% Mortgage Interest and Installment Payments!

Dear Property Owner and Loan Borrower,

• Do you want to payoff your loans before your Children's Higher Education?
• Do you want to payoff your loans before your Retirement?
• Do you want to save up to 90% Repayment Time for your loans?
• Do you want to save up to 90% Mortgage Interest for your loans?
• Do you want to own More Properties?
• Do you want to own Larger Properties?
• Do you want to live a Debt Free Lifestyle?
• Do you want to live a Financial Independent Lifestyle?
• Do you want to live with peace of mind?