Start from rm1.1mil. This must be a new benchmark for large units of condo in BU. A few years ago this could buy at least a semiD.

U can say that again. What a price? This will drive the market faster to a correction I guess.

One of the factor to cause market correction is the price have to breach the level where the demand cannot cope thus causing an inflection to the prices to meet new lower support level. A single project cannot cause a major correction but this will provide new benchmark prices for other developers to follow. Today the benchmark prices break new highs in almost every new launch and location. When there is an avalanche of developers pushing up prices and supplies, it will surely meet that one day. Correction can also be caused by other factors such as change in the government regulations, tax structures, banking facilities and others. When will this happen is anyone's guess.

Whether Bukit Utama will sell below developer's price should there be a correction depends on the sub-sale market as SHC have the holding power on all their properties. So the shakers (weak investors or owners) may have to let go lower if the demand start to fizzle out.