We have

- population boom (which means demand for housing),
Agree with boom, but babies wont buy houses. Gen Y will start staying with parents to reserve cash to buy the finer things in life.

- middle class upgrade (due to security or affluence they upgrading to highrises or old people moving out of landed),
Middle class will be dragged into mid lower class. Buying power will decrease.

- higher level property awareness (which means normal ppl dat dont care about property is now coming into property),
The only awareness that the population have is that properties are expensive.

- increasing corporate purchases (mainly for commercial/for reit/co. purchase/govt backed projects and more co. venturing into property),
Companies don't buy condos.

- foreign purchases (in the case of Iskandar and Melaka)
Not the case for Cheras, Cochrane.
and

- the boom in personal wealth (which means more and more ppl are buying >1 property).
For the rich yes but not for the general population