Posted by Gokula Krishnan > 2014-10-01 15:19 | Report Abuse

No freaking way, STOP DIBS. Even 1st time, developers are not angels helping 1st timers, they factor in all costs etc and this artificially inflates house prices. So no bloody day! Do not re-instate DIBS.

Posted by sengkee > 2014-10-01 15:35 | Report Abuse

Perhaps everyone should stop buying properties now, especially for investment or speculation purposes. Interest rate will go up again soon as Ringgit is dropping now. Stop DIBS. Even Singapore has stopped it long time ago and never reintroduced.

Is it our developers here are facing hard time to sell their properties without DIBS? Don't fall into the trap. Many developers are begging the government to reintroduce DIBS after it was banned since Jan this year. Only 9 months and we can see that they are struggling to sell their products. Their tricks like GST will push up the properties prices has failed to lure people to buy since early this year. Now have to try new trick. Think about it everyone. After all, It is your hard earned money that will get burned.

Let's market forces to decide the price. Let's the prices go for healthy correction.