Developer interest bearing scheme proposed for first-timers


  • Business Premium
  • Friday, 16 Oct 2015

Mah Sing Group Managing Director Tan Sri Leong Hoy Kum.

PETALING JAYA: Mah Sing Group Bhd is proposing to the Government to bring back the developer interest bearing scheme (DIBS) for first-time home buyers.

The developer is also suggesting a review of the real property gains tax (RPGT) as among several measures to boost the sector.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Business , Mah Sing , budget 2016 wishlist , property , housing , dibs , tax ,

   

Next In Business News

Wall Street sell-off deepens, Nasdaq confirms correction Premium
Oil price up near 7-year highs after Iraq-Turkey pipeline outage Premium
BCorp to divest entire 71.73% stake in Berjaya Higher Education Premium
Tenure limit of independent directors set at 12 years Premium
Nestcon secures RM188.5mil construction contract Premium
Texchem to buy 28% stake in Sushi King for RM102.2mil Premium
Proton to introduce smart automobile's new energy vehicles in Asean Premium
UEM Sunrise unveils KAIA Heights sales gallery Premium
KLCI down 0.8%, but energy stocks up on rising crude prices Premium
Brent charges towards US$90 per barrel as Middle East unrest stokes supply disruption Premium

Others Also Read


Vouchers