Exchange Rates for RM

[wolverine23]

SKY88 0% downpayment?? wow?

Not if you leverage up. Bank Negara interest is around 6%.

The 7% return is on investment; not bank interest alone.

Eg; Buyer of SKY88 now sitting on 50% price increase. Since the buyer has not pay a single cent; the return is infinity.

And you are right; property is a good form of hedging against inflation. But you must choose wisely.

 

[shctaw]

SKY88 0% downpayment?? wow?

Sky 88 give 10% or 12% (cannot remember clearly, must see S&P) cash rebate which you can use to offset the first installment.

Hence until today I still yet to pay SP Setia a cent.

Look like we going to test 2.55 again next week. If 2.55 hold we will try to move up quickly to 2.65-2.67 region.

Hard to chart as new high got no resistant level to draw trend line.

 

[1nottiboy]

0% down. only booking fee. everything else upon TOP. good deal rite?

SKY88 0% downpayment?? wow?

 

[nextreal]

Hard to chart as new high got no resistant level to draw trend line.

Try drawing a trend channel instead. And couple it with the more traditional indicators.

 

[wolverine23]

good deal. But let's hope there will be interest in resale market over the next few years...

0% down. only booking fee. everything else upon TOP. good deal rite?

 

[shctaw]

Try drawing a trend channel instead. And couple it with the more traditional indicators.

It will be like drawing a line up in the sky, you will never guess how high the trend line is at.

good deal. But let's hope there will be interest in resale market over the next few years...

Usually I do not sell my first property I buy in a country. Sky88 is a keeper for now. Not for sale. I will stay in SKY88 to study Malaysia economy.

Don't forget Sabah and Sarawak. Both look like a sleeping giant full of resources.

 

[wolverine23]

Do share with us on the next big things!

It will be like drawing a line up in the sky, you will never guess how high the trend line is at.



Usually I do not sell my first property I buy in a country. Sky88 is a keeper for now. Not for sale. I will stay in SKY88 to study Malaysia economy.

Don't forget Sabah and Sarawak. Both look like a sleeping giant full of resources.

View attachment 11970

 

[nusaduta]

Yes indeed Sarawak and Sabah have vast resources but need drastic political change to reshuffle. Current resources are in a handful of elites.

It will be like drawing a line up in the sky, you will never guess how high the trend line is at.



Usually I do not sell my first property I buy in a country. Sky88 is a keeper for now. Not for sale. I will stay in SKY88 to study Malaysia economy.

Don't forget Sabah and Sarawak. Both look like a sleeping giant full of resources.

View attachment 11970

 

[IRONMAN123]

2.5576 CIMB today.

Forecast the rate will reach 2.75 in the next 3 mth by forex experts.

 

[OracleMasia]

2.5576 CIMB today.Forecast the rate will reach 2.75 in the next 3 mth by forex experts.

That is great. I can now buy cheaper Malaysia assets with the strength of the Sing dollar.

 

[Frodo]

That is great. I can now buy cheaper Malaysia assets with the strength of the Sing dollar.

I managed to get 2.55 yesterday at money changer.

 

[crystal_tiong]

money changer rate is 2.55 and cimb only 2.5375 for today rate .
time to say gd bye CIMB ?

 

[sotong007]

Live rate now - 2.5639

Good luck trying to get 2.55 from money changer today..... if see any just hoot and change a lot from them....

 

[potter]

i turned into rowsley babe, it is hot..

 

[jbsglah]

Live rate now - 2.5639

Good luck trying to get 2.55 from money changer today..... if see any just hoot and change a lot from them....

http://jbsglah.com Try this one, anyway, i think now is a lot lower already. because of increased in oil price?

 

[jbsglah]

Live rate now - 2.5639

Good luck trying to get 2.55 from money changer today..... if see any just hoot and change a lot from them....

http://jbsglah.com Try this one to get best rate. but still seems a lot lower today. maybe caused by oil price increased?

 

[whoami]

CIMB 2.5464

Bedok $changer 2.5600

 

[1nottiboy]

I got 2.56 yesterday at BI

 

[potter]

climbing staircase step by step today, no rest. swee

 

[westcoastbay]

2.61286 XE.com