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BLR rate in Malaysia
August 17, 2011

The Overnight Policy Rate (OPR) from Bank Negara Malaysia is reference for banks in BLR adjustments, but there might differ from bank to others bank. At the global money market down turn, BLR will get lower and if the money market on uptrend, it will correlation upward. It is wisely and timely to consider take up mortgage loan and start to own your property at the lower BLR as current.

From the record, it shows that the highest BLR Malaysia ever has is 12.27% in year 1998 and the lowest BLR is 5.55% in year 2009. The average is 8.1%. Probably you can use this to justify whether it is better to take the fixed rate loan or floating mortgage loan (BLR +/- x% ). Below table shows the Malaysia Base Lending Rate (BLR) record from year 1989 to year 2011.

Below table shows the Malaysia Base Lending Rate (BLR) record from year 1989 to year 2011.
 

    Year BLR (%) Remark
 
 
    2011 6.60 Adjusted May 2011
    2010 6.30 Adjusted July 2010
    2010 6.05 Adjusted May 2010
    2010 5.80 Adjusted March 2010
    2009 5.55  
    2008 6.75 Adjusted March 2009
    2007 6.75  
    2006 6.00  
    2005 6.00  
    2004 6.00  
    2003 6.50  
    2002 6.50  
    2001 6.75  
    2000 6.75  
    1999 8.00  
    1998 10.50  
    1997 9.25  
    1996 8.50  
    1995 6.60  
    1994 8.25  
    1993 9.50  
    1992 9.00  
    1991 7.50  
    1990 7.00  
    1989 7.00

source: http://www.blr.my/

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