That's a much simpler question, the answer would be Yes, it would reach the point, because by only halving its speed you wouldn't prevent it from moving forward. Plus, proposing a generic unspecified object doesn't tell you how fast it moves, or the nature of the movement. And even if you gave me that information, it would still be a constant movement.
The example of a person walking is different, because walking is divided in stages rather than a constant movement (you need to move one leg in order to move the other, and then start walking). We do know how our legs move, how far each foot moves, etc. It's a simple perspective we are all used to deal with, and, well, I think it's just more interesting than a generic body that's moving.