Condominium and Flat property value will stagnant and the property itself aging, facilities need to fix/ replace. If the Persatuan Penduduk is under perform then the whole asset will depleting from time to time.

I agree with you... oversupply of condo units (i.e. esp oversupply of new highrise development) kills subsale market and also renting market.

What I see, developers are crazy to develop new highrise to give advantage of zero entry cost offer to first time buyer under 20-s or early 30s. This group of peoples nowadays I doubt have savings to afford buying subsale. No or little savings maybe due to high cost of living and tend to spend money to maintain lifestyle such as temptation spend money for viral food and drink, clothing, travelling, etc to keep up with media social world.

Developers are not selling at lower cost, mind you. In fact developer's unit is more expensive. But developers make it smaller unit from 750sqft to 950sqft so that it is looks affordable to buyers. If you compare the price per sqfeet, new units from developers is way more expensive. The buyer will be at loss in next 5 to 10 years when they have to complete with older condo with bigger sqfeet.

Only if there’s a policy change to encourage purchase of subsale prop, such as openly allowing 0 downpayment, which i doubt will happen.