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 rumor, New policy introduced by gov

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accetera
post Jun 24 2013, 11:33 PM

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No DIBS - more genuine buyers, less chance for speculators

No DIBS - developer reduce supply especially those soho/sovo, but releases limited good quality supply at targeted market

No DIBS - everyone pls welcome the entry of a new giant player... PR1MA... govt agency will be more attractive against private developers for entry-level new properties... (without DIBS pr1ma can have bigger market share)

This post has been edited by accetera: Jun 24 2013, 11:34 PM
accetera
post Jun 24 2013, 11:52 PM

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QUOTE(Sheep9 @ Jun 24 2013, 11:46 PM)
I thought PRIMA is for low income buyer and one of the restriction requirement is the property bought could not be sold within 10 years
*
For middle income or normal income... from income of rm2,500 to rm7,000... lower income is ppr or spnb.
accetera
post Jun 25 2013, 11:21 AM

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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.

This post has been edited by accetera: Jun 25 2013, 11:23 AM

 

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