House price dropped mean become affordable, buyers will leave with more disposable income, which is beneficial to aggregate economy and quality lifestyle.

From what I noticed flippers are already having a hard time. Due to government initiatives like PRIMA, RumaWIP, and SelangorKu, lower-middle end buyers are having an easier time to secure a roof on their head.

As it is, they may be contend with what they have (800 sq ft close to the city with good access), and may spend their money else where.
Not necessarily. Demand and supply plays a role. A house is a necessity, but in people's opinion, an 800sq ft. may be sufficient - and there are plenty of supplies for these types of houses now. Despite economic recoveries, people may turn to other things to spend their money on, like children's education, retirement, insurances; and other lifestyle choices like travelling, food/dining. Those with excess cash may invest in properties but it has such a high entry-cost (10% deposit, legal fees) as well as hidden-costs (agent fees, insurances, maintenance, bad tenant) that they may turn many away

Can you believe it? I myself prefer to put my money into more liquid funds like UT and stocks.

I am sure there are gems out there, but it isn't as easy and sure-fire as it was in pre-2010 where you can just throw any stone and buy that property the stone hits and it would have appreciated a few tens percentage points.

That is the problem... remember key word for property is location ... location ... location .... can't help it if someone go and buy a property at a lousy location... so statistic... imho... even if you want to use it... should just be one of the factors to consider only ...
Yep... agree that recent purchase all will suffer drop in prices.. so hopefully those are not flippers and able to hold for long term ...

Yes will drop 10% cheaper each round (every month)...until someone place bid for the unit.

I believe because it is a Bumi-lot. This developer still havent subdivided from master to strata title, so non-bumi cannot buy yet, the developer will not release. As far as I know la. I am a mortgage guy, not property guy sangat.
Not much drop, but that means people who invested there got inflicted by opportunity cost. 5 years, surely you expect some capital gain? if not might as well rent and not purchase.

Nothing bad per se about buying lelong, you just need to check if the property has any due, because you would be responsible for that. Plus with lelong you need to pay the balance (after deposit) in 90 days, strict, failing which they can take your deposit or you can be charged penalty (As per what my client had to pay for not fulfilling the time stipulations)

I cannot for sure determine it is a bumi lot, but from the thread for "Symphony hills", one user claimed that it was a bumi lot.

For freehold cyberjaya, eventhough the property was bought with "bumi discounts/rebate", it can be transfered to non-bumi once the property receives the strata/individual title. Property sifus correct me if im wrong.

Cyberjaya is a limited freehold place. Meaning that it is only freehold by name. But name transfer the property at Cyberjaya still need to request consent from the authority. Same like leasehold property.

So this will depend on the local authority for that area. Whether a bumi unit can sell to non bumi or not or need to get written approval / consent beforehand from them.