Indeed it is trying times. SPSetia also neeed to resort to high upfront rebate to entice buyers to put down the deposit. For those still entitled of 90% loan, they can even get cash back when construction progress.

Not the usual 24 months ?

Most seg buyers bought with 30 years loan. During 30 years loan tenure, one will experience two or three economic recession. Unless all seg owners are isolated from local economy, some will end up in foreclosure.

Correct if wrong...

Started below 800k net price.

How much the S&P price of the Harmonia unit (not ground floor unit)?
And nett price after all rebate/discount?

Interesting to see the current demand that will determine the price. If benchmark against Verdi, Mirage, Cristal Serin lelong sale:

Verdi biggest size unit 15xx sqft, launching price probably 900k, lelong transacted price 5xxk.
Mirage by the Lake unit size around 1000 sqft, launching price probably 700k, lelong transacted price 400k.
Cristal Serin unit size 15xx sqft, launching price probably 700k, lelong transacted price 4xxk.
Another newly completed property is from Lakefront Residence by MCT. 1390 sqft, launching price above 600k, lelong price should fall below 400k now. But guess this is slightly lower end standard (not luxury condo), non comparable to the above project. More towards Mutiara Ville high density standard.

Based on the information listed:

http://www.setiaecoglades.com.my/aril.asp

The price is from 1 mil to 1.5 mil. So with all the discounts/rebates I think it's still hard to go down to 700k right? 

Really BBB... All waiting for their turn to choose unit r anxious. Lol
Most of the ppl pick end lot and corner first.

Mean these buyers are mostly flippers.

Yes flippers normally buy d cheapest units to max roi. It could mean tht majority of d buyers r flippers

At this market still can flip?

Mean these buyers are mostly flippers.

Thought you are one of those bought to flip at cbj?

Confirmed whole house sandbrick instead of clay brick of other parcels.
But how much u can save per house actually using low quality bricks