DIBS to make comeback?


PETALING JAYA: The Real Estate and Housing Developers Association (Rehda) is in discussion with the Government to bring back the developers interest bearing scheme (DIBS) in a certain form for first-time house buyers of a certain price, Datuk Soam Heng Choon said at a property forum.

Soam, who is also IJM Corp Bhd CEO and managing director, told participants this while moderating a forum session at the Rehda Property Forum 2016 yesterday.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , rehda , property

Next In Business News

MAG strengthens safety, reliability with improved operational performance
FBM KLCI rebounds after two-day slide, ringgit hits two-month high
AEON Bank launches Merdeka Bonus campaign for DuitNow QR users
Allianz: Joint efforts needed to curb medical inflation, keep healthcare affordable
Malaysian ringgit leads gains in Asian currencies; tech stocks climb ahead of Nvidia results
Jati Tinggi bags RM69mil data centre project
Lynas expands global footprint, eyes new rare earths supply deals
Thai central bank keeps key interest rate unchanged�
Pensonic shareholders vote to remove group CEO Chew Chuon Jin
Dollar steady ahead of US inflation data; Aussie gains on rate bets

Others Also Read