Wait = price goes up. Can you afford it?

There's a lot of speculation on when's the right time to buy property. But in actual fact, there is no right time.

You got the money, you buy. You don't have so much, don't buy so expensive. Can't afford, buy cheaper or further. Don't buy at all, forever don't have. Always at the side lines giving comments.

I don't think property price is dropping at all. Sure, it might stabilize after a while, you might have more choices with your monnies available, but it will not drop.

If you can afford it , don't wait anymore. Go for it.

Prices will only be UP, not DOWN.

I have a friend, who wanted to buy his 1st property 3 years back. He has many comments on how property market should be, how big should his house be, how much money he should be able to make. Searching for 3 years, seeing hundred of houses, he still doesnt have one. All the while, his budget remains the same, but his choices are much lesser now. 3 years back he could probably buy a condo in PJ. Now he can only buy a studio unit in PJ.

I also have another friend, who bought an 18 X 65 house in wawasan 1 puchong 3 years back. Sure the house is so small, but he never complained. He just bought whatever he can afford , at a location which fits his budget. Now he recently just upgraded to a Bandar Puteri 10 house.

So my conclusion is.. say whatever you want. But as long as you dont step foot in the market, all is emptiness. You got nothing.

Good luck to all house hunters out there!

Then continue waiting for the 'good stuff'. Good luck!