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Hi Dennis,
Yes my loan was taken in 2008. I suppose some banks are now also offering sibor loans without such penalty due to customer complains. A friend of mine took a 1 year sibor link loan. His penalty if there is one, would run into tens of thousand.

Hi Dennis,
Actually my loan was done through your company. All the sibor packages I was given to choose from has the penalty fee. I would certainly have chosen one without the penalty if I was given one.

I agree with Dennis on the possible fake rental yield. This is a common method used by developers from KL several years ago. They typically offer rental guarantee of around 8% for 2 or 3 years. However many do not know that , they have already jacked up the price by 50%. In order to qualify for the ...

I have just sold an investment property, and can now share the experience with sibor linked morgage. Banks are very strict on the repricing dates. For a 3 month sibor link morgage, means that there are only 4 dates in a year which the sale completion date must coincide. Usually the buyer will not ag...

thanks Dennis for the illustration

Hi Dennis, Can one take an Equity Loan from a private property home? If can, then the portion paid by CPF would have to be excluded from the Equity loan tabulation, am I correct? If this is the case, what is the benefit of using CPF for private property home verses using CPF for private investment p...

may I ask , what is the definition of financial freedom?

What % of return on one's retirement nest egg say X million $ is considered reasonable investment returns in financial field.

Investments can be mainly in property and stocks.

I encountered a similar experience as Stradlinz when I went to see Centro show flat in AMK. I ask the salesman, what are the good points about the condo that enable it to command such a high price of 1200psf, is it the design or the good quality of finishing, fixtures etc. He said it is because far ...

Hi Dennis, I have an investment property using 3 month sibor, with the following conditions on full redemption. 3 months written notice to the bank or 1% penalty. redemption has to be on the exact repricing date, meaning only 4 dates per year or 1.5% penalty In order to meet condition 2, do I need t...

Thanks Dennis , will give your staff a call to understand more.

Hi Dennis, HDB has been launching many BTO projects last year and this year to cater to the hot demand. However these BTO projects will take 3-4 years to complete. I think there may be a large completion of HDB in say 3 years time. However the completion this year and next year may be quite low, cau...

Hi Dennis, When I applied private property loans or refinance, your staff always asked for the latest notice of assessment and past 12 months CPF contributions for employed. What if when one is retired, but say owns 2 private properties, 1 own stay and the other rented out. Both still with outstandi...

Just read that Lorna is compiling the articles into a book now.

Rgds