Developer interest bearing scheme proposed for first-timers


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.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

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

   

Next In Business News

We must advance Malaysia’s venture ecosystem for sustainable growth, says Amir Hamzah
Advancing Malaysia’s venture capital ecosystem: Significant investments in capacity building, funding and regulatory reform
Sentoria Group triggers PN17 criteria
Ringgit rebounds to end higher against US$
Sapura Energy makes clarification on 'aspirational' timeline for regularisation plan
M'sian-born Tan Lip-Bu eyed to head Intel
Mulpha's Australian unit to acquire Marymount Mercy Centre in NSW for residential project
Nvidia signs deal to help build Thai ‘sovereign cloud’
DC Healthcare opens new Dr Chong Clinic in Penang
Bursa Malaysia ends higher amid strong interest in utility, tech stocks

Others Also Read