ask ourself and the people you know whether they have/hv not over leveraged then we'll roughly know how the local prop market future lies.. if you sense the greed now potentially we may have idea where the property price heading in near future. Don't overlooked external factors as well.

Lot of people around me are yet to buy any property. lot of potential buyers around.

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Added on July 17, 2011, 7:42 pmProperty Related Businesses are being well in Malaysia.

today IPC/Ikea are packed with crowds!!!! LOL

Just back from 'yam cha' (drink tea) with two friends. Found out that one of them just bought a 2nd prop and another just bought a 3rd prop around Klang Valley.

Looks like the market momentum is still good going forward...

They are stretching, but it is not over-stretch yet as both are high income earners. The props they bought is service-apt type. No need to succumb to LTV70 rule.

I don't know for sure. Let's just say they still can continue living their lifestyle even after the purchase. 
Unless money supply drops drastically next year, otherwise the market will still be flushed with liquidity. As long as there is still a large amount of cash floating in the market, many people, like your friend will continue to dabble in risks. Banks need to loan out the cash, risk takers will borrow and dabble in stocks, properties, etc. The recent SRR increase doesn't really affect banks hoarding of cash. M-3 supply has grown another RM106B from July last year till May this year.

I really don't see how property market will crash in the short to mid term as long as the money keeps rolling in (thanks to US anyway for their quantitative easing).

Moderation of property prices in the short term maybe, as no. of barriers increase for property buyer. Many ppl will pause to see see look look what is the next development. Then after awhile, ppl will think "What is my money doing in the banks earning less than the inflation rate?" And then the property price graph start to continue upwards movement...

Of course, I am not saying a crash won't happen, it is just that I don't see the signs yet. 

Something for reading, which is a good piece from BNM:

[attachmentid=2353156]

i hv been actively monitoring the auction listing for quite some time (i subcribed to lelongtips.com) , there are no good prop listing for the last few months. only left those rotten prop which no one wanted. I think many good prop can fetch higher price now so the owner managed to dispose it at much higher price rather than being auctioned. I noticed many good prop was cancelled last minutes.. even it was auctioned, the final bid price is much higher than market price.

if there are firesales in open market, i think it will be snap up very quickly.

Lol... Overall good one. But the auction price is similar to market value. So ....how? Give yourself a try to get it and update us the status. Lol

simple.  If our economy is effected then it will.

If "somehow"  Malaysia's economy is unaffected by the US.  Then should be no problem, because RE speculators aren't so easily scared.

yes, i met an angmo and he told me that he bought a klcc condo but oni stay for less than 10 days a month. his office is in brunei but also has biz in KL. he said to buy a prop in kl is better than renting and the prop may appreciate in long term. i guess many ang mo who has biz in KL also think the same. this remind me where most taiwanese, hk-er prefer to buy prop in sh instead of renting, eventhough they come to sh just 1 week /month. they buy sh prop for stay and investment. if kl become a business hub for angmo, i think more ppl will buy prop in kl.

Property is stagnant at the moment with a sharp pull back on transactions but strangely asking price going up. guess ppl adopt wait n c. US n Europe been same story for quite some time (years) now. So my guess current volatility of stock market the cause. IMO, in a few weeks time props will get active again as we are still growing n so is most of asia. oso middle east money being parked here (Mal n asia) more n more n I expect a knock on effect. except this time I don expect crazy price increases like 2009/10 coz of drama in the west. anyway my take was that the current bout was engineered, S&P ratings and all. The global fundamentals have not changed but they got the heard spooked.

Kl also chinese only buying properties
When que seldom u see bumi or Indians
No discrimination
Just pointer

Property market to remain resilient in 2012
Sep 15, 2011 - HomeGuru.com.my

Property market in Malaysia will remain buoyant next year along with the expected robust growth in the palm oil and oil and gas segments.

According to Datuk Michael Yeoh, Chief Executive Officer of Asian Strategy and Leadership Institute (ASLI), the fundamental forces that drive the Malaysian economy like the palm oil and oil and gas sectors were quite strong.

"If these sectors continue to grow, the property sector is expected to remain buoyant next year," he said.

Yeoh noted that the global economic crisis has resulted in uncertainties, while the real estate market faced numerous challenges.

Although Malaysia was fairly strong and was being shielded against the bad impacts, there are still concerns for a possible slowdown in the second half of this year.

Yeoh said although some developers expected strong sales, merely moderate growth was seen in H2 2011.

Separately, Datuk Eddy Chen, Chairman of Real Estate and Housing Developers Association of Malaysia Institute, noted that housing demand was higher than the supply.

"Every year, the developers build between 120,000 units and 150,000 units. However, the market can absorb 170,000 units to 180,000 units," he said.

建材價續推高 房價半年內料再漲20%
http://www.chinapress.com.my/node/254545
財經 26/09/2011 17:31 Share3 轉寄 列印 字体:
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　（吉隆坡26日訊）房地產發展商協會（REHDA）認為，建築材料價格持續飆升，預計未來6個月房地產價格將繼續揚升20%。

　該會主席拿督任廣財指出，儘管不少人認為房市價格將下跌，但事實是價格增幅將放緩，但價格並不會下跌。

　“即使國際經濟環境嚴重衝擊大馬，發展商只會放慢步伐，不會虧本賤賣。”

　“在最糟糕的情況下，價格或會下調10%至20%，但種種經濟指標顯示，包括我國在內的亞洲國家依然維持成長。”

　他今日在REHDA的2011年上半年領域匯報會上，發表上述談話。

　出席者包括吉隆坡支會主席童銀坤、總秘書拿督劉榮洲、馬六甲支會主席曹天漢、成員程文林和萬哈希米，及大馬評估機構咨詢服務首席經濟學家姚金龍。

　童銀坤指出，主要建材如磚塊、鋼條、洋灰和沙土等，自02年7月至去年底，漲幅介于32%至89%。

　除了建材，水務設施工程的相關收費亦增加，這一些費用都將轉嫁購屋者。

應提高可建單位限制

　“雪州和吉隆坡地稀價高，每平方呎土地介于1500至2000令吉，加上政府限制可建單位數目，進一步推高房價。”

　他說，因交通問題，人們都想住在靠近市區的地點，他建議雪州政府應提高可建單位限制，藉由增加計劃單位稠密度拉低價格。

　詢及發展商賺幅時，他指出，房地產領域不如外界所想像（外傳30%賺幅），扣除土地、人工和建材等費用后，淨賺幅實為5%至20%，但所承擔的風險卻超過此比例。

轉手獲利低欠購興
土著單位滯銷問題大

土著單位（Bumi Lot）只能轉售馬來人，二手市場獲利空間不大，使馬來同胞也不願意購買土著單位，導致土著單位滯銷。

　大馬房地產發展商協會總秘書拿督劉榮洲指出，各州政府訂下的土著單位保留比例各異，有者30%，馬六甲則高達70%。

　他指出，許多房地產項目雖擁有不錯的升值空間，但因為二手市場限制，使馬來購屋者也不將此類型房地產列入投資範圍。

　“一些馬來人甚至都不想買土著單位，寧願付更高價錢認購非土著單位。”

　他今日在房產發展商協會的2011年上半年領域匯報會上說，各州的土著單位釋出機制不同，森美蘭州允許在取得住用證（CF）后即可將未售出的土著單位釋出，但有些如馬六甲則是遙遙無期。

　房產發展商協會于7月份針對業者進行的調查指出，有65%的受調者今年上半年面臨房地產未售出問題，相較去年下半年的61%，未售出單位主要以土著保留單位為主。

　其中70%發展商的未售出單位僅佔計劃的20%，處可應付水平，但有30%發展商認為，未售出單位已影響他們的現金週轉。

new or sub sales are ok, so long it is at bargain price.
new shop are selling very high now..if the developer wan to let go at lower price, pls pm me. i just bought one recently.