Recession is the best time to invest into REAL ESTATE – Interest Rates
You get the lowest interest rates on the record! That’s WHY!
With a property price of RM500,000 with a 90% loan for 35 years, with the average interest of 3% now, your monthly repayment would be RM1,731.
While buying 2 years ago in 2019, the interest rate is 4.5% where your monthly repayment is RM2,129. Difference of RM398 per month.
Though remember that the interest rate would go up as the OPR rate increases.
Would you wanna buy a property with a low-interest rate? Dont miss the chance!
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