Read the whole thing here
https://forum.lowyat.net/topic/4759778/+1800

Basically its like this, a lot of property gurus 'overpromised the future of property investment'. So a lot of greedy people ended up over committing beyond their means, and a lot of young adults declared bankruptcy.
Advice: when you start hearing everyone talking about it, you know that it is a bubble and should start planning your exit strategy.