Property prices falling is not mainly because of more units coming into the market but the starting price is unrealistic from the start.

Most newly constructed property prices will start to adjust after vp to match surrounding similar property prices and its location, unless is an exceptional piece of construction.

Land and construction cost plus profits determine selling price but freebies and rebates that kill the goose.

If subsale price is attractive and has fallen, why arent buyers entering that market and cont buying from developer ?

And why in some auction, there is only a single bidder when the price is way below snp price.

For my case, is opposite. I won an auction unit at reserved price being a single bidder and is 7% above SnP price for a new vp property this year. And seldom or rare in today auction that the reserved price is equal or above SnP price for new property and attract bidders.

talk to property agent, they said unless that area is not develop, then the house price will drop, if not it will keep on increase. what your guys think ?
i am referring to bandar tasek mutiara....