i ve got one friend, he wanna to sell off his condo at market rate recently. However, buyer only look look see see.  Then the buyer got the another unit with better buy.  So consequently he has to mark down at least 10% lower of market price to sell  off.
Therefore,  Condo really no resales value nowadays due to SS > DD.
For landed properties are soft as well, there is demand but no buyer

No - she paid off both units recently so has no borrowings now. She is getting slightly more than rm6k (nett) from both apartments so she is quite happy.

I have been keeping an eye on Bangsar and MK condos lately and have been inspecting properties the last time i was back in KL (April/May) and will probably check a few more when i go back next month. I am particularly interested in Sri Penaga and Casa Vista (as well as Cascadium) but a lot of sellers are still holding onto the prices that are quite unrealistic in this market. I also had a look at a 2 storey terrace in Bangsar Baru (Jln Terasek) which was a basic unit - they wanted rm1.6m and the agent told me that a couple of years ago, this place would have sold around rm1.85mil. The house is still in pretty good condition but very basic.

It is because of slowing and a negative economic outlook as a whole that the rate cut occurs.

A rate cut decreases the barrier to entry for a lot of buyers. It enables businesses to borrow more for less. And puts money in the hands of millions of Malaysians who are servicing loans. A 0.25% drop frees up on average of RM 60 for a mortgage loan of 400k.

Multiply this and you can see exactly how powerful a rate cut is, the extra money will either be spent or reinvested breathing new life in the economy.

The median age in Malaysia is 29 years old. This is an extremely healthy level.

I used to think that Malaysia properties are doomed. But by the time I understand and learn more about the economy. The more I think otherwise.

For a comprehensive education on the economic system, boom and busts and its intricacies. Read "Big Debt Crises" by Ray Dalio.

I have been looking at some condos in Bangsar (Sri Penaga, Casa Vista, Bangsar Puteri and Tivoli) and the agents tell me prices are now about 20% lower than what they were 18 months ago.

My wife also has 2 apartments in MK and they (i feel) also have come down about 20% (compared to before) looking at the prices sellers are asking in iproperty.

1.6Mil terrace basic condition in bangsar requires alot of renovations or refurbishment. I dont think it's worth it. I was considering the area but I dont think its fully gated n guarded. Hence its not my choice. I bought an end lot terrace instead, brand new with fully gated n guarded in a nice serene environment with similar price. More countryside. Near to the city as well.

Oh, that's good to hear.

Yeah, it does seem that way about condo units. Especially with the current influx of units in super high density developments.

Glorious time as in the 90s I presume?