Due to current Inflation in Malaysia, i believe the price won't drop anytime soon

On other point of view.... just look at MYR currency power and gold price.
This will give a hint of inflation rate.

The best way go against inflation is investment. And property investment is getting very very popular...

Thus, it pull a pool investor interest.

On the other hand, if it is oversupply; it will give negative impact to the economic.

I agree with BTimes.
If you look at MYR currency trend to rest of the world... It is saying Central Bank generating money faster then ever.

On the other hand; Developer is another type of business try to maximized thier investment like what all business does.

Back to the topic: it boilds down to supply and demand

Well, I don't know how the economic will turn

But from history, If you look at economic cycle... it is 10 years cycle...
Just look at 1997-1008; 2007-2008; so i guess it will be 2017-2018.

SG n HK interest is cheap.
At one time US interest is even cheaper.

Every year people talking about bubble since I was young, and what happen since then?
People still taking about bubble burst 2009, bubble burst 2011, etc, etc

What I trying to say is, it is difficult to know when the economic will adjuct itself... but what human can do is be prepared when it happen.