if 5/95 extended to subsales, then sure the property market will boom boom boom

Why sub sale slow, it is a lot cheaper now when compare with new launch with or without dibs.

But y it will move if abolish dibs

good to see no more dibs

  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 

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

good..limited supply...but end up boost the existing property price up..

I thought this is just a rumour at the mmt?
If they implement so fast a lot of developers gg to freak?!?

chief, imho this will kill the market as some are genuine upgrade instead of flipper, they can only sell old after move to new.