Frequencies ask question (FAQ) for Hong Leong Mortgage Plus

1. What is Hong Leong Mortgage Plus(HL Mortgage Plus)?
Hong Leong Mortgage Plus is a mortgage product that combines a term loan with transactional freedom of a current account.

2. Does it mean that I have to open two types of accounts for HL Mortgage Plus?
Yes. For every HL Mortgage Plus account, you shall open/maintain the following accounts with HLB:-
(I) a HL Mortgage Plus loan account (term loan)
(II) a non-interest bearing current account which is linked to (I) above.

3. How does Hong Leong Mortgage Plus works?
Hong Leong Mortgage Plus link your loan account directly to your Mortgage Plus current account, whereby the credit balance in your current account will automatically help to give you greater savings on interest. Read more »

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Refinance mortgage loans with Hong Leong Bank Mortgage Plus, you can finally refinance your mortgage loan for better savings at zero cost to you. It also links your mortgage loan to your current account to give you more savings. You save more because the daily balance in your current account is automatically offset against your principal mortgage loans account, thus reducing your daily interest charges.

Check out the features, benefits and how you can stop paying more and start enjoying maximum savings everyday!

-Attractive Loan Package
Loan packages that have been designed with you in mind, making it easier and more affordable for you to own a home. Read more »

It’s good news for property investor those interested in Australian property and the retired plan is to migrate to Australian. An exciting and prestigious international property event will take place soon in Kuala Lumpur and Penang.

There have been numerous real estate exhibitions in town but the Australia & International Property Fair 09 will display entirely international projects, focusing mainly on Australian Property. The event will showcase all types of commercial and residential projects by established Australian property and international developers.

Interested home buyers or property investors should therefore mark their calendars for the upcoming Australia & International Property Fair 09 that is expected to offer a variety of choice properties. Read more »

The property sector in the country is likely to weaken further amid worsening economic conditions with the malaysia property market expected to rebound in two years. Property consultanty firm Rahim & Co Chartered Surveyors make the note porperty investors.

Executive chairman Datuk Abdul Rahim Rahman said people were getting more prudent with their spending, adopting a wait-and-see attitude that has resulted in the property market getting softer.

The price of luxury condominiums in Kuala Lumpur City Centre (KLCC) for example are down 15% to 20 %”. Apart from that, the ongoing buildings development activities outside the central business district may push down the rental rate for offices when they are ready by 2010 – 2011 as a result of oversupply of office space. Malaysia property market getting influence during the current economic uncertainty. Read more »