Taiko, you are real big timer here.
Yes, property will rise in long run. That's hard to dispute.
Anyone who had bought in the past 5 years sure making profit. Those accumulated for the past 10 years made bigger profit. And those accumulated since 25 years ago sure now making tycoon-level profit.

For taikor like you, you definitely can hold and get reasonable average yield due to the low average base price, since you bought some long long ago.

Many of us labelled DDD is looking at the CURRENT pricing level, and expressing doubt on its yield and appreciation, and the holding power of the market.

If I may use gold as an analogy; even tho the price dropped like 20% since its peak last year, those who invested in gold since 15 years ago will still be profiting. But those who entered the market in 2012 will be sweating.

Same like you boss; whether the price up or down 15% also wont impact you so much, because your base prices are much lower. But not everyone in the market is like you, especially in the past 5 years when property became THE investment vehicle of choice. Imagine if a young ciku earning RM6k now owing bank a RM1.2 mil because he want to flip it at RM2 mil in 3 years time. Isn't that different from your situation?

Make sure that 1st property is the property that u ureswlf would like to stay in. Nobody should be sweating for their 1st property. I am sweating buying my 1st car, coz i know its gonna be a waste of my money.  If the market u-turn and that is a very big if, u still need a house to live in.

But then u sweat when u saw people buying, not when u buy urself. When u buy one for urself, tell us ur experience then. I know i felt really excited coz i will own my first property.