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 rumor, New policy introduced by gov

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kw
post Jun 25 2013, 04:56 PM

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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?
kw
post Jun 25 2013, 05:19 PM

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QUOTE(Aventador360 @ Jun 25 2013, 05:01 PM)
I thought this is just a rumour at the mmt?
If they implement so fast a lot of developers gg to freak?!?
*
Base on the article from The Star, it seems like very soon it's going to be implemented (if the ban is firm by gov) :

http://www.starproperty.my/index.php/prope...bearing-scheme/

Anyhow, I don't think developer will pull out the DIBS scheme until the official ban announce since they sure want to do more sales until last minute of announcement rather than announce pull out now and let the sales drop immediately (assume DIBS will sure be pull out later). So, if really under this situation, should a buyer wait or should grab the last chance when DIBS still available? What will be the pros & cons?
kw
post Jun 25 2013, 05:54 PM

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Yup, I second that our government is always few pace slower to implement something really beneficial to the people tongue.gif

However, if let say it really implement soon, what most likely developer next action? Lower the price of current or next new launch? If yes, do you think buying an over inflated DIBS pricing property now will have risk of not able to sell it easy later?

 

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