Overall new property price drop next year? , Reason- no more DIBS + Higher Govern Tax
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 Aug 21 2013, 11:50 AM
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Junior Member
83 posts Joined: Feb 2009 From: Petaling Jaya  
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QUOTE(ProperTYcoon @ Aug 21 2013, 11:45 AM) Sometimes you need experience to ask a question Quite agreed on what u said so far.  But what do you think about current on-going projects and those completion within 2016? I think it's still a good investment currently for those still having DIBS now. But upon 2016 we still need to hold for at least 1-2 years before we sell off. Since RPTG is going to be increased as predicted. As I am thinking bout investing in my 2nd property now. |
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Aug 21 2013, 11:58 AM
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#2
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Junior Member
83 posts Joined: Feb 2009 From: Petaling Jaya
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QUOTE(ProperTYcoon @ Aug 21 2013, 11:54 AM) Hi there, U have a point there bro. Cause developers will always think of another way to lure the buyers/investors. If you're still having strong holding power to hold all your purchase, you are encouraged to Buy. But don't worry about DIBS, DIBS means Developer Interest Bearing Scheme, and Developer will come out with something new called "Developer Rebate Interest Scheme", the Bank Negara is going to say NO for interest bearing but it doesn't says anything about Rebate. Don't have to worry about the Market, there's always more to come, stay tune  Similar to credit cards where bank negara impose the service charge, but still banks are able to go around that some how . Hence, I am still very positive with the market although hearing plenty of uncertainties currently. But by doing this, the richer will always be richer and those first time buyers will be getting harder & harder to get their new house (unless they are having financial help from their parents) |
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