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 ?

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

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

PR1MA sounds jatuh standard for the young yuppies lah. They prefer properties by "branded" developer

sorry correction, what I mean is the impression on anything to do with 1Malaysia 1 this 1 that, it sounds like ah jib kor is helping the poor. So, if gf hear she is staying in 1Malaysia apartment in the future, she will feel jatuh standard. You know lah nowadays the girls

Not looking down on PR1MA projects, but I think given the choice, they would rather choose private projects

I do hope I have a gf at this stage of my life

My daughter is getting married soon