FREE: The scheme essentially exempts homebuyers from paying interest on their mortgage while their purchased home is under construction as the interest costs — claimed to be borne by the developer — had actually been priced into the home sale price.
Bring back DIBS? No, thank you
www.kinibiz.com
Controversial property financing scheme DIBS, also known as the developer interest-bearing scheme, was banned last year after four years of consideration by Bank Negara Malaysia. But some birds in the jungle are chirping for its return, which Tiger is roaring …