QUOTE(doomdoom @ Nov 1 2013, 03:28 PM)
well..so the bank negara issued letter stated that stop immediately, means for all projects now offer DIBS include those like 50% progress also stop immediately? or only for those construction not yet start? or for those project which not offical launch?.. as i know, sps already start the construction for phase 1, if DIBS stop, then mean all other projects like 50%, 60% 705 or 905 construction progress which offer DIBS also have to stop DIBS ...
so, do you have the detail from your PB bank friend?
i just check with my ocbc banker, still valid for DIBS and this is already approved between sps and ocbc before budget announce and they provide black and white letter for me to sign on the agreement on DIBS....
Actly I only ask her if I sign the SPA before 1 jan 2014. Is it still entitle for dibs?
She told me bank oredy received letter from BNM to stop DIBS immediately.
Anyway, right now depend on developer n BNM to negotiate since tis is 2014 budget. If BNM allow dibs till 31 dec 2013. Bank will follow BNM accordingly.
I din asked much abt LO signed, construction oredy start....and....
So, I believe u guys should follow up closely with SP setia instead of banker. Coz bank will follow BNM only.
Anyway, I believe SP setia able to make it.