Aisay, many of the young folks have their parents to fall back on if any cash flow problems. Investors ( ie long term) are always prepared to ride it out as inevitably, there will be corrections along the way. Personally, I doubt there will be huge crash in Msian property mkt coz even though it has gone up a lot in hot areas, it is still the lowest in the region.
For those who will be cash strapped coz of over leverage ( big time flippers) from a correction, you will have to take your losses. There will always be this category of buyers in any markets. By the way, I have no sympathy for them as they would have made their bundle in the bull market.

That's the real problem though!

The 90% is real borderline living hand to mouth everyday. What happens when the price shocks hit them?

When a loaf of bread costs RM4-5, these guys are going to be hit really bad. When that happens......people should start to be worried...

Aisay, many of the young folks have their parents to fall back on if any cash flow problems. Investors ( ie long term) are always prepared to ride it out as inevitably, there will be corrections along the way. Personally, I doubt there will be huge crash in Msian property mkt coz even though it has gone up a lot in hot areas, it is still the lowest in the region.
For those who will be cash strapped coz of over leverage ( big time flippers) from a correction, you will have to take your losses. There will always be this category of buyers in any markets. By the way, I have no sympathy for them as they would have made their bundle in the bull market.

Aisay, many of the young folks have their parents to fall back on if any cash flow problems. Investors ( ie long term) are always prepared to ride it out as inevitably, there will be corrections along the way. Personally, I doubt there will be huge crash in Msian property mkt coz even though it has gone up a lot in hot areas, it is still the lowest in the region.

something fun to look. house price index.

http://www.economist.com/blogs/dailychart/...al-house-prices

Our pro market is the highest in the region (SEA) with the exception of sg.

Did an agent tell you that it is the lowest?? LOL

Just go google. 

Aisay, many of the young folks have their parents to fall back on if any cash flow problems. Investors ( ie long term) are always prepared to ride it out as inevitably, there will be corrections along the way. Personally, I doubt there will be huge crash in Msian property mkt coz even though it has gone up a lot in hot areas, it is still the lowest in the region.

15% TNB price hike confirmed. Effective 1 Jan 2014.

15% TNB price hike confirmed. Effective 1 Jan 2014.

After CNY petrol increase by another 20 cents.....

Pls do and show me?

And please compare with the REGION (Southeast Asia) and not bringing Sydney, HK, Tokyo or London into the picture. Thanks!

I travel extensively and I know the average house price in Bangkok and Jkt as far below that of KL and Sg. Outside of a few super-prime areas in Bangkok, the rise, while sharp, is still much below the average Malaysian home price in KL of nearly RM500k.

Champ, cool down, no one here is vying with you for title of Mr Know it All. Neither do I intend to "knock" anyone out with my views. Mature folks here agree to disagree.

After CNY petrol increase by another 20 cents.....

Nobody is Mr Know-it-all, buddy.

Just pointing out to you that on no reasonable metric scale is Malaysian property CHEAP compared to other cities within the region (our region, SEA).

Don't get conned by developer BS or agent lies - it's helping you make a smart and well-informed decision and take into account risks when buying. 

If you're taking a London, Sydney, NY or HK Metric to compare KL to, then you should be aware, no?

Okay lah, boss. The region which I'm referring to does not stretch to London or NY. I'm referring to high end condos and residences in the major cities in SEA ( excluding slumps and kampungs). I understand the dynamics behind emerging and developing countries and cities as I use to stay in a number of Asian cities myself. I contend that our High end stuff is cheaper than those in Hanoi, Bangkok, Taiwan and Jakarta. Don't know if there are any decent condos or villas in places like Rangoon or Phnom penh to compare though.

Okay lah, boss. The region which I'm referring to does not stretch to London or NY. I'm referring to high end condos and residences in the major cities in SEA ( excluding slumps and kampungs). I understand the dynamics behind emerging and developing countries and cities as I use to stay in a number of Asian cities myself. I contend that our High end stuff is cheaper than those in Hanoi, Bangkok, Taiwan and Jakarta. Don't know if there are any decent condos or villas in places like Rangoon or Phnom penh to compare though.