I hope no DIBS, no free MOT, free loan legal fees, GRR as this will inflated the selling price and create bubble.

Should also avoid the rebates, discount and credit notes thingy, give a fair chance for subsales market at the same time government can collect fair RPGT.
For example now developer selling RM1000psf, give 20% rebate so actual selling price is RM800psf, when vp, flipper sell RM1000psf, on paper no capital gain so government collect zero RPGT, and at the same time flippers pocket in 20% profit with no tax.

Not all developers provide such flexibility.
And it is not applicable to subsales market

Ideal but difficult to implement.
It is not developer's responsibilities to check who is the 1st time buyer who is not, and how to prove u r a first time buyer?

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

No dibs no rebates no free mot and all kinds of freebies are among the measures to reduce the artificial or the flippers demand and thus reduces the chances of bubble formation.
So this measurements will not cause the bubble to burst but the other way round.

In fact the young and fist home purchaser under PRIMA, they are entitle up to 100% loan. So whatever measure kick in this lucky group is still protected.

Sime Darby is very aggressively building PRIMA project. Launched project including Bukit Raja, next would be in Elmina.
Sime Darby not branded enough meh?

B4 the implementing of LTV 70% for 3rd mortgage loan. there were strong buying sentiment in the market.

With the 70% take place, ppl predict property market will be badly hit, but I would say this didn't stop investors to buy as ppl has started to accept 70% as a norm.

Another measurement effected last year end, increase of RPGT by 5% to 15%/10%, I didn't do much on cooling down the BBB

I would say if BNM remove DIBS, it wont make much different, except it may filter out those investors/flippers with tight cash flow.

+1

this is the problem with the generation Y+Z nowadays, they keep on complaining house price too expensive, come cope with it. At the same time feel embarasing and "loose face" living in the PR1MA home.

U shd change your potential gf if she judge u based on where u live. Nowadays, newly married couple double incomes purchase the house together and support the mortgage loan together. If she look down on you, she look down on herself.

In Malaysia, we have good policy but we always have problems on the implementation.
The key issues is Ministry of Housing should control the DIBS thingy on the developers, as BNM can't regulate developers but only banks.

Agreed to what u have suggested. Besides recalling bridging loan, the government can recall and frozen the A&P permit, so that developer can't sell the property for a period of time, if not following the rules of the game.

Warning can be given to those developers whom try to give DIBS and challenge the MOH authority, MOH can blacklist developers' names and publish their names in the major medias, or hold the Board of directors responsible for this misconduct.