I see it differntly, one thing property better than cash is not so liquid, hand got cash will spend easily, imagine if gomen dun enforce EPF savings, how many do you think every workforce hv when come to retirement?
Secondly, if you really want to keep cash unless you hold Sing dollar, RM in long run mana boleh tambah nilai one? Young man must work, work harder, work harder harder, save money, study and gain investment knowledge then do investment, success then only entertainment..when I see those fb, to my surprise that many young people travel a lot, sharing theirs photos in fb, then they login to lowyat forum to blame no $$ and price too high.
I 1st travel overseas (company trip) at 30 yrs, 2nd overseas at 40 yrs, I know m not eligible to spend travelling, vacation cost too much to me

Having cash doesn't mean stay in cash, it gives you chance for investment, that yield return.
Typically new generation mindset, enjoy now.

Guarantee what?
Parent born a child, and give guarantee to the child to enjoy life? 
Life is a journey one explore through, life is for enjoyment only?
Want to enjoy, work for it. 

Economy is unpredictable, life is getting tougher?
Please compared with those after WWII, 70-80's, whereby people beg for job.

Life is getting tougher when you cannot have a job to feed.
Life is not getting tougher when one taking up car loan to buy 100K car, taking house loan to buy 250k house, buying IPhone with installment, clubbing every weekend.

No offence. 

Dun forget we are discussing whether property price will drop or not, we are trying to give our humble advices wat to do, are you a student still? why part time job? We shd work at least 2 jobs if money not enough, and not 1/2 job

whether prices is gonna come down or not, let's look at what's happening around us:
property that i could remember that was launched this year so far:
1. summer suites, sunrise
2. capers, ytl
3. KM1, berjaya
4. the Arc in cyberjaya, andaman
5. mirage by the lake, OSK
6. serin residency
7. fraser's suite
8. the place @ Cyberjaya
9. a bunch of projects on jalan puchong, okr
so far, not even a hint of it slowing down but instead, they are grabbing as if it's the last development on earth!
bubble or not, u decide lor.

tomorrow property price will drop -- this is what i will say everyday!  ^^  ---- before sleep !!

even after watching it, some will say, "nah... we're special, we're different, we're safe".
if usa gomen can allow such things, any reason to think gomen here is more prudent?

in my shortlist again ...... since the last check 2 weeks ago, prices have gone up another RM10k-20k  .......

I'm already vested there 

If I could get a suitable unit at the right price, why not? 

wah lau, RM20k 2 weeks, average RM10k per week. one year got 52 weeks, so one year later untung RM520k, What are you waiting for??? Go for it!!!

Why?

For those who kept saying that property prices in Malaysia will only go up up up up up and up.

I would appreciate it if you could share with us those who struggling to get a place for own stay:

1) how many properties have you bought over the past 6 months?? And where/ which location. Pls provide details on prices etc, since already done, nothing to lose for disclosing these info right?

2) how many you wanna buy in the next few months (You better be fast right? since prices will only be more and more expensive later on) and where or which location. How much willing to pay?

3) how many % of your resources have been invested in the property market. (better to put in alll your resources since the prices will only be Up Up Up and Up right???) How you managed to get the financing??? % of your monthly cash flows going into paying installment?

4) any other personal experience that you think is relevant and willing to share.

the above information will really help us to make better decisions. thanks in advance!!! Dont' talk only la, walk the talk and pls continue to buy buy buy and buy since you are so confident ~~ walking the talk is more convincing la .

As I recall, the US example was cited mainly as an example that property prices can fall, i.e. to argue against the myth that property prices can only ever go up. But most people understand that the US economy is decoupled enough from the Malaysian economy that even a recession in the US shouldn't affect Malaysia too much.

The situation now is different in the following ways:

1) When the subprime bubble burst, economic growth in China more than made up for the slack from the US. The crisis merely accelerated the switch of focus of the Malaysian economy from the US to China. When the China bubble finally bursts, it will come at a time when the US economy is still weak. This means there will be no one to make up the slack this time, no global provider of demand. The Malaysian economy is puny in comparison to the US and China. Since the Malaysian economy is strongly export-oriented, if both of these giants catch a cold at the same time, the Malaysian economy must surely get pneumonia.

2) Everyone knows that the property market in Malaysia is driven by the Chinese in the country. And one way or another the Chinese in turn are more economically dependent on China than the other races. There's also the psychological factor as I've mentioned. Most of the Chinese in Malaysia could care less about property price indices in the US. But when it comes to China, many Malaysian Chinese have lots of stories to tell about how much house prices in Shanghai have gone up in a year and so on. Heck, my wife's parents watch Chinese news channels and they have regular segments on property indices in all the main Chinese cities as part of the news reports. This gives the Chinese in Malaysia added confidence about how property is always a good buy.

3) By and large, Malaysia banks don't care what happens to US banks, so they were not contaminated by the falllout. But when the property bubble in China bursts, it will also affect Hong Kong, Malaysia and Singapore. Do Malaysian banks Do Malaysian banks have lots of dealings with Hong Kong, Singapore and China? I believe so. This could get very messy.

rental rates starts shooting through the roof.

it is unaffordable now coz many speculators /investors /foreigners expect msia economy will transform to faster growth economy (after ETP/NEM ) , that is why masia prop suddenly increased after ETP , NEM annoucement.