Likely asking price is unrealistically high, that's why few if any are interested.

How much loan interest, maintenance fees has incurred since you put up for sale? How much loan interest, maintenance fees you prepare to pay before it is sold?

If no one ask mean no buyer is interested e.g price too high.

Property is illiquid, price takes years to bottom. Until property overhang is reduced substantially, price remain depressed. Subsale overhang is believed to be >3 times of developers/primary market.

As most bought property with bank loan and is incurring loan interest daily; price need not drop e.g stagnant to incur financial losses. Many may not able to sustain monthly negative cash flow.

For ownstay, whether home price rise or drop has no material effect. Gomen and bnm have no obligation to protect subsale vendors. Subsale property price dropped by over 30% wouldn't cause economic recession as people buy cars and regularly depreciate by 50%.

Rate cut mean negative economy outlook. How could negative outlook be good for property market?

By about 2030, Malaysia will become a ageing nation. Property price is more likely on long downtrend.

Bank interest is normally rise and fall inline with inflation rate. Rise in inflation rate also mean higher loan interest rate.

I always look at macro economy. Construction industry constitutes about 10% gdp. Hoc is to assist developers as it contribute to aggregate economy. Subsale property doesn't add any value to aggregate economy. Price drop in subsale property only impact vendors.

In 2007 u.s subprime crisis, u.s gomen was helping and protecting banks, not subsale vendors.

Loan compression has been rampant. If loan compression is not subprime, what is?
If RM60 saving a month is critical mean borrower is overstretched. Similarly, if rate rise, borrower could end in foreclosure.

household debt at about 83% of gdp is a bubble.

When will property overhang be reduced substantially?