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

Operating costs keep budget under pressure
Govt revenue expected to rise 4.7% to RM380.8bil
AI borrowers face costly reality
Two-car race gets hotter
Private equity’s tougher path to riches
Higher bond yields for longer?
Building domestic capabilities through investments
A lifeline for TXCD, a risk for Vestland
French woes fuel contagion
Growth, fiscal consolidation remain key priorities

Others Also Read