Yup, everything is possible. Foresee that shall be the trend in KV in the near future. People will go for budget AirAsia style. Tat's why D'sara Perdana selling so well ages ago.

A friend in Tokyo having a small apartment of less than 600sqft. No complain. Still alive and kicking wat after the big quake.

Looking at positive side, a small house = nothing to buy aka cannot buy anything cause no space in your house so save more money! Want to buy new furniture have to give it all away or pay to discharge old furniture ie force saving in a way.

Nowadays esp recent days (3 biggest quakes of the century hit in <10 yrs) world hit by many many crisis. But life still have to go on what. So continue to wait for more crisis or look at positive side, find out how to minimize/mitigate risk, make full use of opportunities around and make the best out of it. 

But guess prob with youngster nowadays upon graduation first get a brand new car first (hey you been con by the gomen/bank already)! After finish paying off car loan then think of house. Problem is after paying off car loan thinking of a new car cum a new house cum a new hubby/wify cum a new kid on the block .... so forever and ever waiting and complaining properties too high. Stories never end.
ps:- buying new cars is the worst financial decision in this country (one of the most expensive car rates in the world with the highest import duty and taxes) no many many thanks to this Tun and his legacy to keep subsidizing his baby Potong which cannot export and compete with global brands. Now all suffer poor public transportation as long ignored and forgotten, all force to buy car to support Potong. 
Solution:- kancil or bike

I believe with earthquake, tsunami, radiation, wars at Libya etc, many investor / buyer getting more skeptical. + last year 70% loan, the BBB mode this 1st quarter might be just the hype by developer. I might be wrong, since i dont have data to back me up.

Still, if the prop is right, then no harm buying. Lets be positive.

http://biz.thestar.com.my/news/story.asp?f...31&sec=business

CIMB raises BLR/BFR rates
KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd have announced an increase in their base lending rate (BLR) and base financing rate (BFR) by five basis points from 6.3% to 6.35%, effective from April 4.

A statement by the CIMB Group said that the change in the rates followed Bank Negara's decision to increase the statutory reserve ratio requirement by 1% to 2% with effect from tomorrow. Bernama

Election Pressure? So after election sure raise kao kao....

===

CIMB in quick U-turn on BLR
KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd will not raise its base-lending rate (BLR) and base-financing rate (BFR). The two banks yesterday backtracked on their decisions in less than 24 hours after having announced a rise of five basis points on lending rates on Wednesday.

and the point is? ppl nowadays too greedy? wan new development? cannot settle with older developer keh?

100k oso got, 200k oso got, it's preference really...

i think a lot of ppl buying prop is to hedge against inflation like me. when u save enough $, u will pour into prop and repeat the same thing again again until u r retired. (no right or wrong timing, just save and buy like regualr saving plan) when u r old, cant work anymore,  retired as nobody want tonhire u , u will depend on rental income to survive. if u unlucky fall sick, ills and need operation/medication, u probably can sell 1-2 prop to fund yr medical bill until u recover/fit. compare to a person, who put all their hard earn $ into FD or enjoy life etc. by time 30-50 yrs later, your 1mil is only worth 10,000 now. how to pay for your medical bill?? history tell us, 30-40 yrs ago , DSL only sell 10k and now 1mil (non prime and become prime now). I learnt this coz my parent did bought a 10k house 40 yrs ago. i want to repeat the same thing.  if my parent ills, they can use their i mil for medication . (which i think is enough). they have problem if they rent oni 40 yrs ago

can young malay come to kl work afford the prop price?
with the salary that they can get ?

i know the $ will become smaller and smaller.. (if u dun know how to invest and grow your $ eg stock, prop, do business etc).  1mil may worth oni 10k in 30, 40 years time..
i am too lazy/not smart to do biz and no good in share market, so i went to invest in prop to saveguard my $...
i know i will suffered when i m old if i dun invest in prop regularly. in today world, u cant depend/rely on your children nor the govt especially msia/BN.

Don't stereotype please. One of the Meleis investors in this forum has nearly 20 properties (perhaps more now), and he's not yet 30!

Not referring to you, but some of those hoping for property prices to drop are so bitter that they resort to flames, personal attacks and boasts. If wanna flame, go to /k/ lah 

yes dun stereotype, many malays are now Azizi Ali's follower (who wrote many prop investment book in bahasa malaysia). i also see more and more malays attend forums, seminar, expo eg recent EDGE, prop fair etc.
Believed more malays will come to work and live in KL after graduated at KL U's. many are well educated, work in GLC/MNC and become smart investors nowaday.

Most people in their 20s are NOT supposed to be able to afford property.

early signs, will take a couple more q's to confirm.
if this kicks in, hard to believe people will cut back on everything but keep buying inflated props.

Prices of landed in KL are still going up.