rumor, New policy introduced by gov
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 Jun 25 2013, 09:12 AM
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#1
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Junior Member
349 posts Joined: Feb 2013 From: KL  
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QUOTE(brother love @ Jun 24 2013, 11:48 PM) 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??   |
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Jun 25 2013, 09:37 AM
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#2
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Junior Member
349 posts Joined: Feb 2013 From: KL
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Singapore banned DIBS in 2009. I think it should have been dismissed in Malaysia earlier also. This is an unhealthy scheme that artificially inflates a property market and muddies the water unnecessarily. There is an oversupply of new units with no resolution of the units in the secondary market. First time buyers should be given subsidies and benefits in different ways. LTV should be adjusted towards a cumulative ratio over the individual's portfolio and not in terms of first, second and third.
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Jun 25 2013, 03:55 PM
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#3
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Junior Member
349 posts Joined: Feb 2013 From: KL
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QUOTE(EddyLB @ Jun 25 2013, 03:23 PM) I really doubt the gomen will revise policies to help the real home buyers like LTV 70%/50%/30% and RPGT at least back to old days. Look at those big property developers in malaysia they are all own by who ? Gamuda, Sime, SP, IJM, etc etc. There will be a lot of resistance I agree |
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Jun 25 2013, 05:01 PM
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#4
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Junior Member
349 posts Joined: Feb 2013 From: KL
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I thought this is just a rumour at the mmt?
If they implement so fast a lot of developers gg to freak?!? QUOTE(kw @ Jun 25 2013, 04:56 PM) So, if the ban of DIBS is going to be officially effective by 1st Jul. Let say now you are being offered by developer with a DIBS scheme to buy a 1K square feet apartment with selling price of RM700K+, is it better to buy it now with DIBS or should wait after the removal of DIBS see whether there'll be any further discount/price slashing by developer? |
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