I personally dont think it will go down.
Why? Here are my honest opinions

1) In recent years has price of materials, goods and services gone down or up? Do you see this trend changing next few years?
2) Ringgit is weakening compared to alot of other currencies
3) Still very cheap compared to neighboring countries when we weigh in infrastructure that is available and land value
4) I remember reading the Gov wont take away DIBS but they will keep it in view and monitor it. I also believe without DIBS, the low and middle income will suffer more cause they have to consider more now that they have to start paying earlier.
5) Do you think no DIBS will stop flippers, rich tycoons and foreign investors?
6) A lot of business seems to be picking up in the Asia region causing a healthy growth in FDI. Meaning flow of monies injected into the economy which sonner or later causes inflation based on supply and demand.

Dont quote me... This are just my observations with other countries as well and how inflation works. Remember how much illicit funds flow out of the country... So thats another factor which plays heavily

Yup... exactly...
Things has always gone from expensive to siao expensive

Last time Rm 50 can get you one push cart full of groceries.
Nowadays if you can get a bag full of groceries in a recycle bag you will be laughing to your car.

With all these things happening, I don't think it will change anytime soon.
Things will collapse when MNC pull out operations from our country and job unemployment rockets. Only then will I see property getting stagnant and slowing down.

Even then I dont think it will go down for a couple more years.

Reason why MNCs are still interested in Msia is cause we are cheap compared to places like Singapore and any other asia countries cause we have good infra and work culture.

This post has been edited by Neocable: Aug 21 2013, 04:06 PM

Haha jastan we need 2mil for Banglas in 5 years. So yes there is demand. Supply is trying to catch up

U forget they share 30 ppl in a small house. So we will be overpopulated soon.
Then again you can see Banglasia in town...
Btw no offense to any Bangla frens....just that our gov is screwed up

Hmm very interesting stats. Are they reliable?
Cause 50% population under 30yrs is huge.
If that be true demand will overwhelm the supply.

Better start buying more properties now