tell that to the DDD camp and they will think otherwise

Is the rumour only on abolish DIBS, or abolish DIBS + 30% rebates + free mot + etc ? If only DIBS, many people still can afford the interest during construction period. Not much effect to flippers

But abolish 30% rebates + free MOT + etc will turn away the flippers, AND ALSO young first time buyers who still do not have enough savings for the 10% down payment. So it will not help the first home owner who really need a roof over their head

I think it will be better to reduce the 70% LTV to 50% on 3rd house to curb flippers. Then from 4th loan, 30% LTV, or 0% LTV 

Dibs creating unhealthy trend where everybody kip buying new luanching properties, and developers kip pushing up prices with every new launch...many cheaper gems can be found in subsel, why buy a new RM500k, 600sf studio when u can get a slightly older but cheaper maybe Rm450k 1000sf condo? Wat about those Rm600-700k studio units barely 600++ sf soho vofo sovo toto, who can afford and want to buy when completed??

Nothing can do the gov right now to curb the price increasing...

Developer could give higher discount, 20%-30% upfront...

Now already has few developer giving 20% discount... Etc, UOA on southview residence @ Bangsar  south...

That's why I say control DIBS alone is not enough.

They must got some ways to control the discount.

But discount cannot be controlled. As any business entities, they can give any amount of discount they so wishes.

But perhaps they can control the loan amount - make sure it is calculated after discounts/rebates.

Nothing can do the gov right now to curb the price increasing...

Developer could give higher discount, 20%-30% upfront...

Now already has few developer giving 20% discount... Etc, UOA on southview residence @ Bangsar  south...

But perhaps they can control the loan amount - make sure it is calculated after discounts/rebates.

Rumor Gov introduce new policy
（吉隆坡24日訊）當局可能在本週推出更多打房措施，尤其是箝制產業公司與銀行間聯合展開促銷活動，這包括發展商承擔利息計劃（DIBS），豐隆研究認為此舉可能高樓公寓發展商有不同程度的衝擊，維持產業領域“中和”評級。
該行說，政府當局推出的限制措施，可能包含5/95融資計劃和DIBS計劃；所謂的DIBS計劃，是發展商與多家銀行合作，豁免購買者在房屋承建期間的利息。
豐隆研究估計在其所評估的發展商中，大約有20至40%涉DIBS融資高樓公寓計劃，這些發展商也同時融資有地產業，因而即使實施此措施，還在他們的管理範圍內。

Yes tis part is crucial and wise move. Some banks oledi practice tis. My recent loan application came in with few offers indicating tat they ll giv mof based on price after discount. So they ll liaise with dev rather than me for the confirmed purchase price. They afraid I ll lie to them.

Boss beta to start ltv70 on 2nd prop. Ltv50 for 3rd n 4th. Then ltv0 on 5th or above. However, its on the loan and not on the number on props.

DF is not mine.
A good project will still sells even without discount.

this will not curb the issue.

the buyers are just filthy rich.  dont know where they get the monies from.

almost all ppties are sold out during launching.

this will not curb the issue.

the buyers are just filthy rich.  dont know where they get the monies from.

almost all ppties are sold out during launching.

Developers could just re-phrase DIBS in the form of rebates. Hike up the price and offer higher rebates, i.e. >15% rebate is very attractive as it gives an impression that the first 10% downpayment is waived plus another 5% discount. Then, the developer could promote their "rebate period" meaning to say, faster buy buy during the sales preview period otherwise apa pun tak dapat.

Developer has imputed DIBS cost into the price. So the current price is inflated.

If no DIBS, the developer has the option to reduce price. And my guess is new launches demand will be lesser without DIBS, so they have to price it lower

DDD camp, is this the start of the bubble burst ?