Just curious what is so special about this KLIBOR housing loan? If apply housing loan now, we actually still can choose between BLR type, Islamic or KLIBOR. But why choose KLIBOR now wor?
As mention b4 in 2015, the KLIBOR will replace the BLR! so all home loan package should be in KLIBOR!!
Reason to chose KLIBOR as BNM already stated BLR is not relevant to current market situation and need to be replace, y u keep on getting the things that already outdated??
Example, if an old car want to phase out already would you still want to buy or you would wait for the newer model although it will be more expensive?
What is spare parts are not available anymore?
Perhaps the possibility that KLIBOR will be more regulated because it's aligned to bank negara's direction?
Whilst for BLR, nobody will know how the rate will be later on