QUOTE(icemanfx @ Jun 19 2017, 04:41 AM)
BTW, i am only here to share the reality e.g 20+ wip towers,...
BTW, the reality of the market demand for the 20+ wip towers is nowhere near as bleak as what you're trying hard to portray.
For example, the largest project under construction in cyberjaya (i.e. Lakefront prima with 7 towers 23-storey each) was 100% sold through balloting in december 2016 (8,736 applicants for 1,932 units offered - around 4.5x oversubscription; 90% of applicants aged below 40; 47% single; 42% female).
Like-for-like (i.e. location, type, size, facilities and built-quality), prima houses are about 15% cheaper than what offered by private developers (as prima takes less profit margin for itself).
The massive 4.5x oversubscription is clear proof of a huge pent-up demand for residential properties in cyberjaya. However, due to the generally soft property market nationwide, potential buyers are resorting to a waiting game for better deals.
Hence private developers are advised to take heed of this signal - not necessarily via direct headline price reduction, as it would be unfair to their already purchasers, but by offering better financing package (which would effectively lowered the headline price).