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 rumor, New policy introduced by gov

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noblebaby
post Jun 24 2013, 09:59 PM

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More discount. BBB
noblebaby
post Jun 25 2013, 11:36 AM

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same as singapore, property will continue to cheong even without DIBS.

QUOTE(accetera @ Jun 25 2013, 11:21 AM)
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.
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noblebaby
post Jun 25 2013, 11:37 AM

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Singapore has banned DIBS in 2009, has the bubble burst? nope. continue to cheong.

QUOTE(EddyLB @ Jun 25 2013, 07:26 AM)
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 ?  laugh.gif
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noblebaby
post Jun 25 2013, 11:39 AM

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The more curbs, the property cheong faster. until the additional stamp duty kicks in. cheong ah!!!

QUOTE(xyyap @ Jun 25 2013, 09:57 AM)
Like that will become sama sama like Singapore liao.

The rich will get richer, many here will be happy to be the landlord. Haha.
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noblebaby
post Jun 29 2013, 08:17 AM

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Beside DIBS, Bank negara should impose more rules like tightening the ratio of monthly installment to income... as long as buyer is able to service the loan, lesser chance for bubble.

 

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