Potential new DIBS boon

TheStar Wed, Sep 09, 2020 09:00am - 3 years View Original


Maybank Investment Bank Research (Maybank IB), in a report yesterday, said further policy easing measures, such as a new developer interest bearing scheme (DIBS) could be announced in Budget 2021 in November.

PETALING JAYA: Property developers can expect better earnings in the second half of the year, thanks to the normalisation of construction jobs, policy easing measures and a low interest rate environment.

Maybank Investment Bank Research (Maybank IB), in a report yesterday, said further policy easing measures, such as a new developer interest bearing scheme (DIBS) could be announced in Budget 2021 in November.

“Under DIBS, developers will be allowed to pay the interest on a property buyer’s home loan during the entire construction period. This would help to lift buying sentiment and encourage demand by making the upfront cost lower or more affordable.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

MAYBANK 9.650
SPSETIA 1.420
SUNWAY 3.500
SUNWAY-PA 3.070
TAMBUN 0.925

Comments

Login to comment.