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Singapore Impose New Motor Vehicle Loan Rule


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#1
kcng

Posted 27 February 2013 - 10:52 AM

kcng

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MAS Imposes Financing Restrictions on Motor Vehicle Loans

Singapore impose 50% loan for all auto vehicle and max tenure is 5 years.

So Malaysians, you can have loan up to 9 or 10 years at 90% loan (some even full loan).
Still want to bitch about it?

smile_approve.gif

#2
kaylcar

Posted 27 February 2013 - 11:13 AM

kaylcar

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QUOTE (kcng @ Feb 27 2013, 10:52 AM) <{POST_SNAPBACK}>
MAS Imposes Financing Restrictions on Motor Vehicle Loans

Singapore impose 50% loan for all auto vehicle and max tenure is 5 years.

So Malaysians, you can have loan up to 9 or 10 years at 90% loan (some even full loan).
Still want to bitch about it?

smile_approve.gif


yes, because Singaling has excellent public transport system, compared to Malaysia which has awful PTS. smile_approve.gif
1,463,700 Scoville heat units.....can u feel the burn?

#3
jolokia

Posted 27 February 2013 - 12:48 PM

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QUOTE (kaylcar @ Feb 27 2013, 11:13 AM) <{POST_SNAPBACK}>
yes, because Singaling has excellent public transport system, compared to Malaysia which has awful PTS. smile_approve.gif

Thank you ! Thank you ! for your praising. smile_approve.gif

Malaysian purchasing power r low, car r expensive, that why need longer tenure loan, but in return this would cause higher household debt (2nd highest in Asia after South Korea). smile_blackeye.gif

Then again luckily Malaysia PTS is not efficient or else windshield would not be as lucrative, probably "gulung tikah" smile_tongue.gif
Great Ideology Creates Great Times - Yuri Irsenovich Kim

#4
kaylcar

Posted 27 February 2013 - 01:55 PM

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QUOTE (jolokia @ Feb 27 2013, 12:48 PM) <{POST_SNAPBACK}>
Thank you ! Thank you ! for your praising. smile_approve.gif

Malaysian purchasing power r low, car r expensive, that why need longer tenure loan, but in return this would cause higher household debt (2nd highest in Asia after South Korea). smile_blackeye.gif

Then again luckily Malaysia PTS is not efficient or else windshield would not be as lucrative, probably "gulung tikah" smile_tongue.gif


haha....guess what, windscreen business in Singaling also very good...better cos can charge 2.5 x price cos higher spending power..lol!
In case you "dunno" it's called business. smile_approve.gif
1,463,700 Scoville heat units.....can u feel the burn?

#5
jolokia

Posted 27 February 2013 - 02:07 PM

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QUOTE (kaylcar @ Feb 27 2013, 01:55 PM) <{POST_SNAPBACK}>
haha....guess what, windscreen business in Singaling also very good...better cos can charge 2.5 x price cos higher spending power..lol!
In case you "dunno" it's called business. smile_approve.gif

Singapore Purchasing Power is USD 61K compare to Malaysia USD 16K, almost 4 times, not base on currency 2.5 times in case u dunno. smile_approve.gif

http://en.wikipedia....PPP)_per_capita
Great Ideology Creates Great Times - Yuri Irsenovich Kim

#6
rx330

Posted 27 February 2013 - 03:43 PM

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QUOTE (jolokia @ Feb 27 2013, 02:07 PM) <{POST_SNAPBACK}>
Singapore Purchasing Power is USD 61K compare to Malaysia USD 16K, almost 4 times, not base on currency 2.5 times in case u dunno. smile_approve.gif

http://en.wikipedia....PPP)_per_capita


I have a friend earning 5 figure in Spore. He didn't drive, don't even bother to get a driving license.



He who wants nothing, is the most dangerous man in the world !

#7
kaylcar

Posted 01 March 2013 - 01:44 PM

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QUOTE (jolokia @ Feb 27 2013, 02:07 PM) <{POST_SNAPBACK}>
Singapore Purchasing Power is USD 61K compare to Malaysia USD 16K, almost 4 times, not base on currency 2.5 times in case u dunno. smile_approve.gif

http://en.wikipedia....PPP)_per_capita


of course know mah!.....that's why my price so competitive, can do very high volume business! smile_tongue.gif
1,463,700 Scoville heat units.....can u feel the burn?

#8
jolokia

Posted 01 March 2013 - 01:55 PM

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QUOTE (kaylcar @ Mar 1 2013, 01:44 PM) <{POST_SNAPBACK}>
of course know mah!.....that's why my price so competitive, can do very high volume business! smile_tongue.gif

Come on i doubt that Auntie Yap in the picture. smile_tongue.gif

This maybe

www.youtube.com/watch?v=BumH_txuHEs
Great Ideology Creates Great Times - Yuri Irsenovich Kim

#9
kaylcar

Posted 02 March 2013 - 11:07 AM

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QUOTE (jolokia @ Mar 1 2013, 01:55 PM) <{POST_SNAPBACK}>
Come on i doulb that Auntie Yap in the picture. smile_tongue.gif

This maybe

www.youtube.com/watch?v=BumH_txuHEs


just the dollar sign my little pumpkin! smile_approve.gif
1,463,700 Scoville heat units.....can u feel the burn?

#10
jolokia

Posted 02 March 2013 - 12:01 PM

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[quote name='kaylcar' date='Mar 2 2013, 11:07 AM' post='1850217']
just the dollar sign my little pumpkin! smile_approve.gif
[quote]
Why do u need to put an image of a women next to the dollar sign ? R U suggesting we women are materialistic ? U men have no respect to us, this totally male chauvinism, absolutely disgraced. smile_tongue.gif
Great Ideology Creates Great Times - Yuri Irsenovich Kim