What do you mean? some places listed higher but still rental down???

Prices will continue to go up because of momentum, but the current cycle seems to be running out of steam. I hear on the grapevine that subsale volume is slowing, and this indicates that rising asking prices are not being accepted by subsale buyers. New launch prices are still increasing thanks to easy financing by panel banks, but it seems that bank policy in general is getting stricter. My preferred bank, of which I am a so-called "premium customer", refused to approve a mortgage for me notwithstanding that the loan is only at 70% margin and is a mere 2x my gross declared income. Reason given was inter alia that the selling price was "too optimistic". I knew that of course, but wasn't really bothered as I could afford it. Ultimately though I was forced to use the developer's panel bank who apparently had no problems with the selling price.

I suspect that the system of "panel banks" cozying up with developers to offer loans is a potential moral hazard risk, as there seems to be pressure to approve ultra-optimistic valuations, and approve buyers more easily in order to get more panel work.

Refer to property loan?
I thought you are down camp but now it seem like you are buying...

I wouldn't categorise myself as down camp, as I don't think my views on the property market are so simple as to be capable of being categorised into a simple "up" or "down". I like to think of myself a realist who attempts to estimate risk and act based on facts, logical analysis and intuition instead of emotions and oversimplified heuristics. If you read my post history over the past year, you will notice that I never agreed with the DDD camp that the bubble will burst any time soon. Instead, I maintain that our property market is showing the classic signs of a bubble, and appears to be supported by signs of a growing debt bubble across Asia fed by an exodus of hot money from developed economies. Nevertheless, based on my research into property bubbles around the world, I have concluded that the outcome of our bubble is still uncertain at this stage, and in fact there is even a risk that it may grow further.

Currently, I find the property market to be at a medium to high risk stage due to increasingly poor fundamentals, but due to my increasing income, I need to hedge some of my cash in assets other than cash as I cannot allow all my income to enter FD. Although cash is king in the event of a crisis, I do not wish to hold too much cash as I had expected the MYR to weaken. Putting too much cash in the KLCI also has its own risks for other reasons. which I shall not go into here. In my view, the property market is not necessarily doomed to crash as my expectation of interest rates rising in anticipation of inflation may be defeated due to policy changes which are inherently unpredictable. For instance, the Australian property bubble which started collapsing in 2008/2009 was saved by major government intervention, and it then started growing rapidly again. Ideally, I would prefer if BNM and other central banks and governments would always act rationally, but I fully expect they may end up act irrationally for political purposes. Consequently, I would not recommend anybody to exit the property market completely so long as mortgage debt levels remain low relative to income, and so long as residential property makes up only a small proportion of total investment exposure.

I fully understand if you wish to take a different approach towards investing, i.e. by leveraging up on the property market. As I had noted earlier in this forum, it is a depressing fact indeed that many Malaysians have no access to capital, and have little prospect of gaining wealth aside from gambling their futures taking on high levels of debt. That to me is a major risk factor as well, as the residential property market is now overflowing with unsophisticated investors who are leveraged to the hilt, pushing our household debt levels to about 85% of GDP. My personal (and admittedly limited) observations in Malaysia and elsewhere shows me that the level of financial knowledge of the average Malaysian investor is shockingly low relative to those in other countries. An economy is only healthy if wealth gains comes from productivity and value-add, rather than asset inflation and credit expansion. Relying on asset inflation as an investment strategy is inherently unsustainable if this inflation is not backed up by growing yields, but many of our market participants do not have the capacity to appreciate this.

wonder any chinese pantang on buying house on ghost month?
sign snp consider ?

what's why alot new project launching postponed to sept already

Its BBB baby! Kidding.