Jul 20 2019, 02:16 PM
QUOTE(RagingBalls @ Jul 20 2019, 01:24 PM)
Mainly because the market had softened a bit and everyone knows it, especially the buyers. They want to flex their muscles now knowing that the stagnant market offers them plenty of choices and so the market stagnates even further. This is a waiting game by the buyers hoping to catch a property bubble and pick up cheap prices if it happens.
Bubble won't happen in prime areas(Klang Valley, Jalan Kuching, Damansara etc),yes it could happen but the impact is not significant as developers are more cautious about the situation. It is not smart move if buyers keep waiting for the price goes down. If you have opportunities to grab good location with decent price and offers just buy sooner or later the price will goes up
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