I feel that the property market in Malaysia will never burst. Just too many cash rish Malaysians. As long as the commodity market (CPO, oil and gas) is doing well, property market should be fine. Rather than griping about the high property price, one should look for bargains in the market. my2sen

Fascinating thread with lots of insight. My personal opinion is that the risk of a crash in the property market is very low at the moment. Been quite a while since BNM intro a tighter credit condition for applying loan. No doubt the subsales are slow but I think the rental market is still holding pretty well. No matter what happens in the eurozone and US, Malaysia is still pretty insulated.Unless Banks faces a high NPL rate, Malaysia wld still be allright. We are a very competitive nation with entreprenuership ppl and rather hardworking too. No point comparing us with the Eurozone countries.

I wonder the forumers who are quite sure that we will face an imminent crash have how many properties? Don't wait for the crash and invest in good properties now. Can buy vacant land too if u are cash rich.

my friend who is with the recovery department mentioned that it is easier to sell prop via auction compared to subsale. Many owners deliberately let their prop go to auction. How true is this?



This post has been edited by Mikken: Apr 15 2012, 01:11 AM