My view is exactly opposite yours. You clearly have no ideas whatsoever how the economy works, or simply put in this way, how the world works. If you were a developer, would you lower down the properties prices just because you have unsold units? Launched price RM 1million for a superlink freehold villa in KL, would you sell at RM700k just because there is no demand? Some economic theories only work best under the perfect world. DEVELOPERS are cash rich. In the property world, it belongs to the cash rich investors, cash rich developers. Developers will find ways to market their products, BUT WILL NEVER LOWER DOWN properties prices just because they have unsold units. The world belongs to those who have holding power. If malaysia were a tax free country like Brunei, you will be surprised how many Malaysians will use cash to buy properties. Have you seen Hermes, LV prices going down or up years after years. By reading a few comments from the developers how could you conveniently concluded your findings? The smart bosses just finding ways to sell their products by urging the government to help. Simple as that. Welcome to the real business world! Developers already paying high prices for acquisition of lands, you want lowered property prices by developers? Highly unlikely!
Blog: [转帖] 产业股将面对挑战，进来看看 - jim yuet
2014-10-04 01:28 | Report Abuse
My view is exactly opposite yours. You clearly have no ideas whatsoever how the economy works, or simply put in this way, how the world works. If you were a developer, would you lower down the properties prices just because you have unsold units? Launched price RM 1million for a superlink freehold villa in KL, would you sell at RM700k just because there is no demand? Some economic theories only work best under the perfect world. DEVELOPERS are cash rich. In the property world, it belongs to the cash rich investors, cash rich developers. Developers will find ways to market their products, BUT WILL NEVER LOWER DOWN properties prices just because they have unsold units. The world belongs to those who have holding power. If malaysia were a tax free country like Brunei, you will be surprised how many Malaysians will use cash to buy properties. Have you seen Hermes, LV prices going down or up years after years. By reading a few comments from the developers how could you conveniently concluded your findings? The smart bosses just finding ways to sell their products by urging the government to help. Simple as that. Welcome to the real business world! Developers already paying high prices for acquisition of lands, you want lowered property prices by developers? Highly unlikely!