people are not that stupid to sell property for cheap because the ones with property are the one with steady income... so they can hold on to their property even if the bubble bursts....

If you want cheap house then pray for unemployment... but again it is a double edged sword isn't it...

Even during the 1998 economic crisis... the house prices kept on climbing...

BNM is doing their best to minimize the casualties.

Malaysia no property bubble, just high demand for good properties.
Demand high, cost also high lor.

In our case, property prices are high simply because of demand for properties. Everybody comes to KL to earn a better income. When everyone comes to KL to earn a better income, everybody wants to stay in KL. When that happens, isn't that increasing demand for properties? Demand goes up and up, while more and more people are moving into KL and Selangor. On top of it, old properties are being made way for newer high-rise properties.

If you say its a bubble, then you'll have to look at those rich people who own like huge numbers of low end and medium end properties. These people buy and sell therefore, inflating the prices of properties. Only then, I would say, its logical to call it a bubble. The problem with KL and Selangor is that, property prices are increasing more and more as more people are moving into KL and Selangor.

Just to prove the point, recently a corner lot near my house was sold for half a million. Its only 18 by 60 and its a double story. Heck, everytime I see a property for sale around my place, in just less than a week, the property would be sold. Interestingly, I don't see them as investors, but I see most of them are either newly weds or retired elders. Does this sound like a freaking bubble to you? 

from the statement, ppl buying houses in less than a week...means economy still fine and lots of ppl still rich...
that means the price is still can be cope up with, no? so, how exactly it bursts?

not quite sure how's that work...mind to elaborate? means pay the remaining balance instead of following the schedule stated in the contract?

where are people going to stay then? they can't rent, they can't even buy...

this will only happen provided the owner is jobless and lazy...

and how will the bank force the owner to sell the 200k prop? with a gun?

smart... you going to sign that agreement?

loan fully repaid = no attachments to the bank, no?

smart... you going to sign that agreement?

loan fully repaid = no attachments to the bank, no?

in the sky?

bro... you mentioned in your optional statement that the loan is fully repaid, then below that you added bank force the owner to sell, not logical right?

dude... read again what you wrote

i know lar, but you go spread that kind of nonsense... beh tahan mar

i nearly fall off my chair when you said the bank can force sale a property from an owner who doesn't owe the bank any loan