just received an email today. they further deduct 3%, mean the total rebate would be 15% +3%=18%. so high rebate..

any one feel that worth to invest with this price?

I don't think it works that way. With the new loan to vale ratio announced by BNM. It means you can borrow based on net selling. So even if the developer giv you 20% discout, purchaser will still nid to pay 10% of the 80%. Which in actual purchaser still need to pay 8%. Another way to look at it is there is less attractiveness in the rebates. Previously the rebate are given so that we won't need to pay down payment 10%. But now if the loan is based on net selling, you can just simply view it as you are purchasing it at 82% price point. Because the higher value in the snp will not do you any good other than for rpgt purposes. With the 18% rebate, it's just like buying a 500+psf property and still need to pay 10% downpayment. So it's not so attractive anymore. And the devlopers are still allowed to give rebates, just that the loan will be calculated on net selling. The only things developers aren't allowed is to factor in interest rates such as dibs or any other interests into the selling price.

This is my humble opinion. Please correct me if i'm wrong =)