@Html.DropDownListFor(m => m.(property list), new SelectList(Model.(property name), "Property ID", "Name"), new { @id = "if u need", @class = "if u need" })
Before this in the viewmodel mention the List<entity> and bind the values from the db in the serverside code. And then use the above code in your view page.
** the code is in Razor syntax.
Thanks
Hope this helps.