Aiyah, don't frighten folks like that lah   Let me tell you a bit of my personal experience. I was in Spore in mid 90s. At that time, property there as booming and my contemporaries there never experienced a downturn in property prices ...ever, since independence. Same sentiments..pty prices will never go down...
I bought a condo in 96 close to peak in the market. Market corrected big time the next year in 1997. My condo dropped 25% and stayed at that level for about 6-7 years. Balls oso dropped lah but I held. Prices came back big time in 2005. Sold end 2005 with profit of 60%. Point I'm trying to make here is that if you have holding power and a medium to long term investor or for own use, properties is the best investment out there.

Correct. That's why I said, we must wait for economy to collapse

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.

Malaysia is not Zimbabwe. It's still a place where ppl would like to invest because of it's potential.

To top up on this matter. I'm thinking 2014 is really a bad time. With all the price hike and so on.. I'm pretty sure less ppl would be buying property. Topping the fact of the price hike, there are abundant homes got VP 2014 and worst case scenario would be 2015... Question is who would want to absorb these houses? i don't think flipper would be able to hold them.

Houses below RM500k would be impacted as foreign investors would not have a chance on them. Home prices above the RM1m mark would definitely suffer less ppl would want to risk buying them..

i really do think its a wait and see moment.

Err 500k for how big the size? 400sf Pigeon house?

Around 1000sf still consider healthy size for me and good for long term.... I think...a  bit No eye see 500k for size below 700sf....And getting sibeh banyak and away from kl city.... Local so fast want to stay like hongky style... Sibeh Sempit.

so all yr $ u put in properties? N u hold on to these properties ( instead of keeping $ in banks?) What's d longest period u hold on 2 a property b4 selling it?

Why u want such small unit?

U misunderstood. Earlier, U mentioned it's difficult to find 500 sft unit. That's why I asked why u r interested in such small unit.

errr he mean per sf = psf.... not sft.

I was talking to someone in the front line. The market is really actually slowing down. It is very different from last year.