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 rumor, New policy introduced by gov

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phengeon
post Jun 24 2013, 10:32 PM

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Actually wat is the possible outcome on property price if curb dibs?
- no dibs> less ppl can buy> price drop due to supply demand rule??
- no dibs> developer need stronger financial> ? Increase cost> price up??
phengeon
post Jun 24 2013, 11:28 PM

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QUOTE(Helius @ Jun 24 2013, 11:14 PM)
No DIBS will lower down pricing or increase in product quality... Either way..
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So no dibs wil benefit real buyer rite? Then it's gd also..
phengeon
post Jun 25 2013, 09:35 AM

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QUOTE(Helius @ Jun 25 2013, 08:55 AM)
Nothing can do the gov right now to curb the price increasing...

Developer could give higher discount, 20%-30% upfront...

Now already has few developer giving 20% discount... Etc, UOA on southview residence @ Bangsar  south...
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Im sure government wil control it step by step. First LTV 70 then dibs then control the rebate amount n so on. But developer on the other hand sure hav other strategy as well

 

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