I think there are a lot of 'casual' player enter the property market

their 'optimistic' view is the most dangerous thing and help to push up the property price further..

Gov should find a way to educate pp the 'risk' of invest on property else this group of young pp will get hurt badly if
economic condition turn sour...... and all those rich pp will benefit from it.

No pain no gain.. no one force you buy/slip property.. right.
So ppl need to realize themself (grow up lah).
still govman to take care this , take care that. remind you this, remind you that - like a small baby....

most greedy ppl have short memory sickness... 1993, 1997, 2009 etc... take care yourself....  

If the property price continue to rise, eventually we will be like them. But I do not think it will be our generation, our next generation are sure to suffer from this.

Anyhow, Malaysia property is considered very affordable to overseas investors, that's why our property can soon become their target for investment, for example, KL property prices are so much lower than Jakarta giving the fact that our political stability is also much stronger than theirs.

Giving the fact that Malaysia property prices are increasing rapidly, when will our income level follow suit?

lol. Jakarta is indeed higher. Income factor apart there's also population pressure la.
Manila median also higher than kv median, I stand corrected.

May be true and may not be. Always be ready! We will never know when is the opportunity / disaster...

Double Dip Recession may be happening, refer the link below:-

http://www.cnbc.com/id/44029985

Do take note of the global PMI data released recently. China is not spared as well.

Do you manage to get one good fire sale?

I see lots of good properties on auction.

http://thinkproperty.com.my/realestate/Auc...ults&type1_my=3

Think property dot com has got 1364 properties on auction on all types of properties:-

Link House, Bungalow, condo/apartment, shop office, commercial land, industrial land, residential land, semi-D

in Kepong, Kajang, Old Kland road, Shah Alam, Kajang, Ampang, Puchong, Bukit Bintang, Subang Jaya, Sentul

and prestigious place like Beverly Hills-Ampang, Sierramas-Sungai Buloh, Country Height-Kajang, Bandar Sri Damansara, Mont Kiara

Auction date between August to December 2011.

This is just one homepage.

Find hard enough, you should be able to find one from these properties. good Luck.

In my own definition, there are more categories:-

1) Speculators who care only about own profit. Even if the sky around him falls and he profits, that's ok.

2) People who has extra money but could not find better investment than property market to park their money.

3) People who has enuf money to buy a decent roof over their heads.

4) People who don't have enuf money to buy a house.

5) People who don't care whether they have a house, the most imp thing is enjoy first and worry later.

Now, who to blame? Nobody. It's just that some have not seen what others have seen. Economy is linked, and selfishness would lead to destruction.

Do any one of you still have that BUY   BUY   BUY mode on now
being that US an EU now that crisis just starting....whether US will have double dip or end of the Euro?

Also Australia have they own property just about to bust  after this debt western world ongoing isssue
read this
Eighty-Five Australian Building and Construction Firms Go Under in a Month; Crazy to Buy a House in Australia Now-------------
Peter Jones at Master Builders Australia is blaming "uncertainty". The irony is that it would make far more sense to blame "certainty".

It is quite certain that Australia's housing bubble is now in crash mode. It is equally certain there is not a damn thing the Reserve Bank of Australia or any of the home builders can do about

http://globaleconomicanalysis.blogspot.com...ilding-and.html
And the last one is   CHINA
Debt crisis: Beijing happy to help eurozone but is wary of domestic cost
The way the US has been falling, it is bringing back some bad memories of the financial crisis," said Mr Green. "The problem is that no one is really able to quantify the situation. Just like in 2008, it is very hard to get a feeling for how bad the bad parts of the Chinese economy are doing."

Reports have circulated in the Chinese media of factories in the south going bankrupt as orders from the West dry up, and of others struggling to find financing in the current climate. Faced with the prospect of lower production, copper and aluminium prices are now also falling.

Meanwhile, there are jitters about China's own debt problems, although not on the same catastrophic scale. An official report last month suggested that local governments had run up 10.7 trillion yuan (£1.02 trillion) of debt, some of which was likely to default. Moody's was less charitable, saying the local government debt pile may be 3.5 trillion yuan higher than the government estimates, and that 8pc to 12pc could be non-performing loans. Already, there have been reports of defaults, with two large motorway building companies going bankrupt.

"According to the National Audit Office, a quarter of local government debt is to mature in 2011, with another 29pc falling due in the next two years. So we are probably going to see a wave of problems over the next few years," said Alistair Thornton, an economist at IHS Global Insight in Beijing.

However, with China's total debt standing at 80pc of gross domestic product, and the government still generating significant income, few economists are overly concerned. "The problem is that people are certainly feeling a lot more jittery," said Mr Green. "A ministry of railways bond auction failed and people have been selling off local government debt. There has been a lot of restructuring that has not been reported."

The upshot is that another pillar of Chinese growth – state-sponsored lending – is also at risk. "Three years ago, there was enough credit to bail out the economy after the financial crisis and get it going again. But now, if there was a serious credit incident in Europe or the US, the feeling is that China does not have the same credit in the cupboard," said Mr Green.

Two more pillars of the Chinese economy, domestic consumption and fixed asset investment, are both looking moribund. Investment, which has fuelled Chinese growth for years, has finally begun to slow down, according to Wang Qinwei, China economist at Capital Economics in London.

"A lot of the infrastructure projects have now been completed," he said. "And fixed asset investment has been dropping a while. Consumers are also not feeling buoyant, if you look at the consumer confidence index and they are being hit with rising inflation."

Add those issues to a slowdown in exports, and the picture is far from rosy for China. Perhaps it is not surprising that while China wants to help Europe, it has so far declined to buy more troubled debt. China does not make the list of even the top 40 holders of Greek debt.

http://www.telegraph.co.uk/finance/financi...estic-cost.html
Is only one of the bank going down just like lehman brother that bring whole of western world in this debt crisis like now.......
and
If only one of the bank some where of Asia country might  be thailand,indonesia ,china or perhap malaysia gone over lending  that will bring it down all of Asia just like 1997....???
So still have that BUY BUY BUY mode

Business man / companies went into properties because it 'was' a good place to park the excess cash. This category is not that risky.
The most risky is salaried worker, buying into the frenzy with maximum leverage. This group will be the catalyst for the coming crash.

May be true and may not be. Always be ready! We will never know when is the opportunity / disaster...

appreciate u can share the data or elaborate some examples.. I see price no drop @iproperty. Maybe the price there not updated yet.

Totally agreed wit u. Prices shown on iproperty @ RM900k & RM915k. When check wit agents, RM920k & RM945k at least. I thought usually can bargain the advertised price lower but tis totally opposite  . Think searchin newspaper better. Any other recommend sources of ref?

Boleh Land is overbuilding, we will have property glut, just look at how many new housing projects on iProperty.com, at this price, how many of them could be rented or flipped to next greater fool.

Many of those hoping property price to drop will not buy even though property really drop...
Till to-date, I still can't relate property mkt to stock mkt in Malaysia, why must property prices go up when stock mkt bull & vice versa, one is paper dealing (intangible) while the other is tangible goods (construction materials).
IMO, property price is close related to gomen development policies (township, infrastructure & amenities planning), politic stability, foreign investment policy, change in demographic between urban & sub-urban & commodity supply & prices changes, all fundamental issue.
Highrise properties are likely over supply in 2013-2015 judging fr the massive new highrise development launched lately, it is regarless of whether KLSE index is reaching 2000 mark or fall back to 500 point.
Be wise when selecting a right property, location & type of property are more essence than timing.
My 2 bakuli

My boss who's got a prop business tells me that most of the time, those "nearly sold out" print ads all BS wan. They reserve many units for flipping. Hope to get the hype going, then when demand goes up, they slowly let go their own units at a good margin above base price. That's how the game has been played all along. Dunno how true but sounds plausible innit?

For good commercial props location, you might want to check out Kota Damansara The Strand area. It seems to fit your requirements above.   

But the price there has appreciated quite substantial over the last few years.

Dude, a property forum naturally has alot of optimist, do you expect all pessimist together the forum everyday and be negative?
No one will be so mou liu lo. lol

U think everybody so free like u meh? Everytime someone wan 2 buy or rent, go and attend the viewing personally?

What do u expect a  RE agent to say to be professional in their service?

Buyer: is the selling price fair?

Agent: no comment

Buyer: is the unit easy to rent out?

Agent: no comment

Buyer: is the access good and traffic jam or not?

Agent: no comment

LOL
An investor or home finder shud not trust the agent words blindly but to study the recomendations and facts to make judgement.

I m not a RE agent but happily using their service.

Dun be penny wise pound foolish lor....

called up an agent, he said bad time to buy now because price too high, advice to rent or wait.

long time no post here, all the super negative pessimistic complain king forumers & their followers had a fun time?
I was busy gambling in share market making moolah & those who 'buy low & sell high' with me r now veli hapi indeed 
http://forum.lowyat.net/topic/1935875/+1740 Post #1744
look at gld, gain of 30%  call option now is $32 with strike price $160 expiring on 15 march 2013
if anyone bought the etf at $160 and sells now at $175, gain only pathetic 9%. options is a powerful tool, if u understand its timing & TA 

anyway, another 80 post and we can hav v4  ever since v1, hav the prop price drop?
of coz, we exclude those super high end and unheard of areas, coz prop investment is all about location3
the poll where >70% forumers voted, shows the situation where super negative pessimistic complain king forumers stands 

do u think bolehland political situation now is similar to yr 2008 under the previous pm ruling?
do u think u can buy 10 props only earning the average wage of $3k?  
http://thestar.com.my/news/story.asp?file=...5158&sec=nation

"When it comes to governance, Malaysians are very satisfied with their government. In a 2010 survey, 82% expressed approval of the government, and around 67% approximately approved of the country’s efforts to address poverty and preserve the environment,” said the report & “Public faith in financial institutions remains extremely high, with 87% expressing confidence in Malaysia’s financial sector,” said the report

there is pent up demand for props by this group (ie.70% forumers) who missed the gravy train due to bubble mindset 
there is zero chance for their wages to catch up to props affordability. they will need to find innovative ways to complain until v2020
those who takut of yr2012 maya cartoons. better sell everything & stay in deep jungles of pahang with astro hd subscription, its much safer 

its very high chance those 70% forumers r in the youngster group who just started working or r those oldies with bubble mindset
since every year we hav so many graduates cuming out to work, where u think they wanna stay after working for few years?
of coz buy their own la, then if got excess, can do investment. but life is never fair. so SUCK it up loh 

I m doing my part to rent props to this group of 70% forumers, who thinks props prices r overpriced
however due to inflation, my rental hav to increase & if tenants no agree, they can go stay further away or at those graffiti prone areas
if those 70% forumers can convince me that there r places which sells nasi lemak at 1sen. ie nenek moyang prices, then we got bubble   

once their wages roket up as they climb corporate ladder, they can go buy props at mkt value, provided my type of speculators wanna sell 
as our debate continues on & to rerepeat again - if life hand u a lemonade, try find ways to be a supplier of lemonade instead of opening the stall
now, we await those super negative pessimistic forumers to present facts & data that their waiting is well worth it, within the context of bolehland la

u can talk abt usa on subprime lending, but any mat rempit able to buy 10 props? which bank allows that type of lending standards?
u can talk abt china where their developers r slashing prices, but r our developers doing it? 
u can oso talk abt euro debt crisis, but if it meletup, would u even hav a job to think of buying props?