The property price is stagnant according to most people. If you have any report please voice up.

Pricing is crazy already especially with DIBS. even the segambut dalam condos such as the one by brdb are selling >rm700psf! price of older MK units seems reasonable now.

Jalan Ampang flooded meh? I thought Jalan Tun Razak flooded? Also I think the flood not too high also. Won't affect anything gua. You guys better scared of economic downturn and bubble in KL. Even in Singapore flood Orchard Road also won't affect the property price there.

Malaysia rises in illegal money chart, RM150b lost in 2009
KUALA LUMPUR, Dec 15 — Malaysia lost RM150 billion in illicit outflows in 2009, the fourth highest in the developing world, says US-based watchdog Global Financial Integrity (GFI).
According to its report on illicit financial flows from developing countries released today, Malaysia lost a total of US$338 billion (RM1.08 trillion) over the first decade of the century.
http://www.themalaysianinsider.com/malaysi...b-lost-in-2009/

Crash?? I don think so...as many here is rich....all still got the money to support...it won crash...it will just stagnant     

Now I understand,

all data and statements that show price will increase further, cannot be trusted, no matter where it comes from

we must trust all data and statements that show property price will fall

Twisting the meaning of opinions by others will not bring you anyway, it only shows how immature you are when others dont agree wif u

Studios are not meant for family. i think i mentioned clearly HOME and FAMILY. For speculators that think they cant flip SOHO, Studios, etc etc, by all means go BBB, if you are so confident property prices will only UP UP UP. This segment is created by developers to earn as much as they can before the property market turns south and i hv no issues with developers sucking up speculative $$ earned by flippers.

BTW, I already owned a HOME, no need pigeon hole.

my advise to genuine buyers: assess your options and dont fall prey to biased speculative opinions.

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Added on December 28, 2011, 2:57 pm

i agreed with you 1000%, those who bought SOHO SOFO units at ridiculously high price to flip will have sleepless nights in 1-2 years time. 

I don't know why people keep on using majority people affordability as reason to say property price is doom.

You don't need majority people can afford,
you just need enough people that can afford it.

Car price here is extra-ordinary expensive, 100k, 200k, 300k also got, which is way beyond majority affordability, but I still see many of those car, and those car dealer is not closing down nor slashing price.

Yes, increase 50% in 3-5 years is unprecedented, and unlikely to repeat.
Doom or storming coming or not, I don't know, I don't have the crystal ball to know, but the uncertainty mentioned is the one current limit the price surge, which is good, without those uncertainty, we might as well as see the price ballooning even higher.
Don't get me wrong, I also view house price should dip/correct after tremendous surge for the past few year.
But I don't agree the majority affordability theory.
As long as there is enough buyers to meet the supply, price stay, as simple as that, the most simple ultimate supply and demand theory.

Got 1k unit 1 million house, if got 1k buyers want to buy, price stay. Whether the rest 20 million people majority cannot afford to buy the 1 million house, it doesn't alter or matter for the price.

Japan in deflation mode. Anybody can further explain this? 
Just wanna know more on this.... tq

Definition of 'Deflation'
A general decline in prices, often caused by a reduction in the supply of money or credit. Deflation can be caused also by a decrease in government, personal or investment spending. The opposite of inflation, deflation has the side effect of increased unemployment since there is a lower level of demand in the economy, which can lead to an economic depression. Central banks attempt to stop severe deflation, along with severe inflation, in an attempt to keep the excessive drop in prices to a minimum.
The decline in prices of assets, is often known as Asset Deflation.
Investopedia explains 'Deflation'
Declining prices, if they persist, generally create a vicious spiral of negatives such as falling profits,  closing factories, shrinking employment and incomes, and increasing defaults on loans by companies and individuals. To counter deflation, the Federal Reserve (the Fed) can use monetary policy to increase the money supply and deliberately induce rising prices, causing inflation. Rising prices provide an essential lubricant for any sustained recovery because businesses increase profits and take some of the depressive pressures off wages and debtors of every kind.
Deflationary periods can be both short or long, relatively speaking. Japan, for example, had a period of deflation lasting decades starting in the early 1990's. The Japanese government lowered interest rates to try and stimulate inflation, to no avail. Zero interest rate policy was ended in July of 2006.
Read more: http://www.investopedia.com/terms/d/deflat...p#ixzz1jsE2qny5

Stagflation
A condition of slow economic growth and relatively high unemployment - a time of stagnation - accompanied by a rise in prices, or inflation.
Investopedia explains 'Stagflation'
Stagflation occurs when the economy isn't growing but prices are, which is not a good situation for a country to be in. This happened to a great extent during the 1970s, when world oil prices rose dramatically, fueling sharp inflation in developed countries. For these countries, including the U.S., stagnation increased the inflationary effects.
Read more: http://www.investopedia.com/terms/s/stagfl...p#ixzz1jsDtGL3S

Anyway back to topic; my friend in real estate told me developers are seeing record profits. That is why they can offer 5% downpayment only, the other 5% as discounts etc - actually because they already pakat with the banks and mark up the prices based on the 'discounts' they are going to give.

Current sentiment from Aunties corner.:-

Price of property gonna go up. cos..
More foreign invester are starting to buy properties in Malaysia and Singapore due to Malaysia's and Singapore's "bencana alam's" possibility.
Australia - flood "possibility of inland sea,
Indonesia - earthquake and tsunami
Thailand - flood (next round) possibily May
China - eathquake and pollution
Japan - tsunami earthquake and radiation.
India, Vietnam - developing but not chic enough
Malaysia and Singapore, - best in this region.

What do you think..

Govt wants to gather feedback on implementation of GST
http://biz.thestar.com.my/news/story.asp?f...80&sec=business
on one hand said gathering feedback but in the body of the news, Donald Lim said Malaysia had no choice but to introduce the tax scheme sooner or later.
more hardship ahead for Malaysians.

First page at the bottom, Q3 2011 index is lower then Q2 2011 index. (153.1 vs 155.1, -1.3%)

Look like Q3 2011 house price showing sign of slowing down especially under Selangor & terrace house.
but only as Preliminary study. Clearer picture will be on Q4 2011 & Q1 2012 on the trend up or down.

haha.....mana ada
here banyak orang said my friend lar, that friend lar all cash rich ppl, where they takut...sap sap water for them hold few years
if down long time, mah do mushroom farming or swiftlet house lor

KUALA LUMPUR: Automotive industry players will meet Bank Negara Malaysia on Friday to discuss the new guidelines for loan borrowers, following the 25 per cent drop in sales of new motor vehicles last month, says Proton.
http://biz.thestar.com.my/news/story.asp?f...20&sec=business

Total approved manufacturing investment in the fourth quarter of 2011 had contracted by 26.6 per cent to RM19.1 billion compared with the fourth quarter of 2010.
http://www.themalaysianinsider.com/malaysi...s-rhb-research/

Go down or not, I don't know.
But inflation pressure is everywhere.
Oil price now near USD110.
Civil servant may get payrise which can be range from RM700 to Rm2500 payrise.
http://www.bernama.com/bernama/v6/newsgeneral.php?id=647367
http://thestar.com.my/news/story.asp?file=...2199&sec=nation
Cheap interest rate around the globe, even locally, the OPR at 3% seems peak, and many predict BNM may cut rate in the near future.
China start to relax the SRR.
All are favourable to inflation.
I don't see how an inflation threat environment can prompt a property market crash, or severe price down.

for this case, in order to let the bank to approve 400k home loan (home price = 440k), the fresh grad must not have any other heavy burden such car loan and study loan. if not, this application would not be approved, and also means dat this would not cause bubble to happen coz the applicant not able to buy the house/meet the requirement.

if the applier does not has any other heavy burden and the bank loan approved, let us calculate is this fresh grad able to survive:

2800 - 300(kwsp+income tax) - 1772(home loan) - 200(insurans) - 200(daily meals) - 200(family) = 128(great num for saving)

bear in mind this is income for a fresh grad. after 1 year working, income would increase. somemore got bonus...

bear in mind 440k house can buy a very decent condo liao. dats y we see many recent condo launching all kena sapu...

so u think this group of young generation will cause bubble in future? i dun think so...

this case is just a guideline. each person has their own different expenses of course. what u had mentioned have spouse n kids, recession bla bla bla...hello, a fresh grad less than a year working experience will get married n have kids somemore? yes, there r but we r talking majority here.

about the recession, if u worry bout that, then better u keep yr money in the bank n dun buy home forever coz u have no idea recession when to come, but i wonder is bank safe for u to keep the money?

seriously gomen should spend their money wisely...what does 1st home really reflect i think most ppl know the reason but supprisingly u think that because income<3k not affort to buy a better home and our gomen is son kind to help u hor.

some ppl spend a lot in life n not willing to spend money to buy a house. but some will buy a house first, then expenses come next. some ppl even need to be "forced" to pay the loan and cut off the unnecessary expenses. my brother is a person who do not know how to save money, but once he bought his car, everyone think that he not able to pay for the car coz his expenses is too much. tell u until now he has no problem to pay for the car loan. what does it reflect?

2800 - 300(kwsp+income tax) - 1772(home loan) - 200(insurans) - 200(daily meals) - 200(family) = 128(great num for saving)

so r u saying the calculation i mean is to apply to everyone? obviously it is my own calculation n it vary from one to another. when we talk bout expenses, it is so subjective n would be different from one another. the example that i listed out is clearly IT CAN BE DONE, but only for those who agree the calculation can be done. for those who not agree n claimed they need to spend this n that, i wish u good luck.

pls take note that im have no mean to debate with u here(mean i talk not because want to win u), but wanna share what is in my thought as well as my own experience. but when i see yr sentence here "man, you gave a specific example to demonstrate 2.8k salary can pay for 400k house loan when clearly you can't. now you say "guideline"?? ", i know u wanna debate with me.

*debating would not benefiting and it might lead to confusion, but sharing/discussion would give more understanding to all..

mebbe this is reno to 1.5 storey leh? i remember just last year visit fren's DSL in rahim kajai area, i think 23X75...was around 700K+