Exchange Rates for RM

[malpaso]

Turbulent times ahead for the locals.

johor will be supported by the sing dollar - meanwhile, lower crude prices curbs inflationary pressures here.

unless the johor state shoots itself in the OTHER foot by imposing the 50RM VEH.

 

[hemohemo]

I had a quote from CYS at 2.623.

 

[FHBH12]

johor will be supported by the sing dollar - meanwhile, lower crude prices curbs inflationary pressures here.

unless the johor state shoots itself in the OTHER foot by imposing the 50RM VEH.

I believe e low taxes n high subsidies are partially supported by oil revenue. So once e govt finds e revenue dropping, it will have to do e reverse. Inflation is likely to wipe out gains in energy price reduction. There shd be abt half a year before drastic measures kick in. So end of Q1 2015 is a good time to sample e impact.

 

[whoami]

Was at Bdk int tis afternoon. Fm far saw a long Q at ToTo shop. But was telling myself CNY hongbao lucky draw couples mths to go leh. Why so long the Q. So kepo kepo went to have a closer look. It turned out tat the Q was fm the MC. Q was all the way to the far end of the fitness center. Rate 2.61

Lai leow lai leow....MC rates catching up with Cimb TT trsf (2.6161)...

 

[potter]

Trading at 1 SGD = 2.66573 MYR.. lai liao lei.. hold ground.

 

[shctaw]

The weaker the Ringgit; the better for those whom took a loan or paying in future cash.

Shiok...... more than 13% discount.

Trading at 1 SGD = 2.66573 MYR.. lai liao lei.. hold ground.

 

[PuteriWorld]

Many investors are happy of late. Took maximum loans @ RM 2.4x... now RM 2.62...

I heard from sales consultants in the various developments that sales and walk-ins have increased in the past 2 weeks.
In fact I was hoping sales remain pathetic so the developers will keep slashing prices.

The weaker the Ringgit; the better for those whom took a loan or paying in future cash.

Shiok...... more than 13% discount.

 

[enjoylife77]

Investors who paid downpayment and started monthly installment at lower exchange rates will feel the blue.

 

[RedsYNWA]

well, you seem to know JB well, as does potter

Haha, nowadays I don't really explore property liao. Wait & see if got opportunity lor. In the meantime, am exploring IPTV as a cheaper alternative to Astro & Singtel/Starhub.......

 

[shctaw]

One project I am following....... the sales figure jump from 2 units to 70 units within 3 months.

Weak ringgit is helping the sales; but the developer still have not adjust the price up as a reflection of poor market sentiment.

Best play now is the stretch the loan to the max; and use inflation to pay back with cheaper Ringgit. 2015 will be tough year again.

Many investors are happy of late. Took maximum loans @ RM 2.4x... now RM 2.62...

I heard from sales consultants in the various developments that sales and walk-ins have increased in the past 2 weeks.
In fact I was hoping sales remain pathetic so the developers will keep slashing prices.

 

[Lyc396]

CIMB online transfer 2.6338

 

[potter]

The weaker the Ringgit; the better for those whom took a loan or paying in future cash.

Shiok...... more than 13% discount.

Good for those that took up DIBS, hit the jackpot.

Enough RM in bank to sustain for the mortgage loan. :p
2012's lowest was 2.38, 10 cts depreciated per yr.


Viet Dong, in 2008 was 100 : 100k, now is 165K.

 

[PuteriWorld]

Those who paid RM 1 million in Cash ( S$417,000 ) will be sobbing. Now RM 1 million is only S$380,000

Investors who paid downpayment and started monthly installment at lower exchange rates will feel the blue.

 

[potter]

Those who paid RM 1 million in Cash ( S$417,000 ) will be sobbing. Now RM 1 million is only S$380,000

And those who took up SG' mortgage loan to service mly hse, can't play the game as well.

 

[Despera]

POSB internet banking tt rate yesterday was 2.6125, still lose to CIMB. Waiting to send another batch, question is when? Preparing some funds to service my initial deposit.

 

[IRONMAN123]

CIMB online transfer 2.6338

Yup, still rising...

 

[IRONMAN123]

Time to buy apple products in Malaysia. Cheaper!

 

[wolverine23]

Yup, still rising...

When does CIMB update the TT rate?

 

[whoami]

When does CIMB update the TT rate?

Didnt Harry mention u just need to keep clicking the mouse.

 

[wolverine23]

Didnt Harry mention u just need to keep clicking the mouse.

Really? I though there is 2 fix time per day that they update??