would this present an opportunity for me to buy a place for own stay at reasonable price?

MCO was not meant to and couldn't eradicate the virus but to flatten the curve. MOH data in last two weeks showed the curve has flattened. MCO extension to 12th may could mean MOH data is unreliable for some reasons.

If MCO is further extended to 26th may as some have speculated, the country will have loss about 20% of working days for the year. Most companies is unlikely to make a profit this financial year, many will close and the consequences will be huge and lasting.

Home buying is almost a lifetime commitment, believe most will delay the purchase until uncertainty is more manageable. Besides, home loan available is likely be restricted.

If lockdown is economy deep freeze, there will be flooding when it thawed.

Opportunity favour the prepared mind. Save strangers from pitfalls is good karma.
Extended MCO couldn't guarantee outbreak and lockdown will not occur again.