The reason why we make money because there are somebody losing money.

The reason why both student being taught by same teacher need to attend test because there are smart and stupid.

The reason why even given the same statistic and data, the result will never be 100% accurate cause we are trying to predict future and market sentiment.

The reason why someone who are degree or master still need to work hard and somebody whack hew hundred dollar on 4D strike 1st price can retire because LUCK PLAY IMPORTANT part other than hardwork.

1993 fresh graduate salary starting RM 1500-1800, twenty years later 2013 fresh graduate salary RM 2200 -2500.

20 years approx 33% increase 1.65%/year
By now if u can't understand why gov only take stringent move to curb property speculation beginning 2014, & think developer had no ideas on the policy before announcement,  why less project compare to 2009-2012, why big developer never make noise on these new policy, then I donno what to says to u..zzz

Who says price never go down ? iproperty or propertyguru ..lol

So where's the drop? Show me. If 1 drop and 9 others increase, is that a drop or increase?

For someone who cannot even explain himself. LOL.

Well lets see, the group who said the bubble will burst and price will drop in the 2009 and 2010 was wrong before.
Lets see whether history repeats itself.

"Property only goes up, never goes down ever" mentality?

Often most bubbles are never covert - the signs are there for everyone to see (like US dotcom bubble and 1997 AFC).

It's just that most people refuse to see it. Greed blinds the eyes.

Maybe, but:

a) You'd have earned even more if you bought at the lowest level in 1997 (25% cheaper).
b) It took you ~9 years to get a return of 60%, or similar to about 5% p.a. compounded, like mutual fund investments but without interest cost.

Also, that's Singapore. Please bear in mind that Malaysian market has much different dynamics compared to Singapore.

There are certain matured, established areas in Malaysia (in this I agree with cybermaster) that will never be too drastically affected. Places like TTDI, Dsara Heights, Bangsar.

How about areas like Sg Long, Rawang, Cyberjaya, Seremban 2, Desa Coalfields? Would they become the  next Bkt Beruntung? Even now we can see homes in Cyberjaya (!) approaching the 1mil mark for terraced homes in some projects.

Your guess as good as mine.

+1, the mentality of property price will only go UUU????? think about it, it is not feasible, if the only direction is UUU, then by all means invest in record breaking price cuz it will only go UUU .... 1m also whack la since property price wont drop ma... 2m still whack 3m also whack.. what also whack ... then flip flip flip.
Although I have just bought my first property, i also will shit in my pants if there's a burst. It will be ugly and my decision to invest at this time around might be a detriment and me being a risk averse in the future if market really collapse la. Imagine, going in so young at 23.... how to recover....

However it makes sense to constantly be aware of the economic situations (also consider US EU etc) ya la some might say malaysia boleh ma but heck you can never predict the future....
If I can think like that.... I dont see why others cant think this way.... (no pun intended)...

Maybe, but:

a) You'd have earned even more if you bought at the lowest level in 1997 (25% cheaper).
b) It took you ~9 years to get a return of 60%, or similar to about 5% p.a. compounded, like mutual fund investments but without interest cost.

Also, that's Singapore. Please bear in mind that Malaysian market has much different dynamics compared to Singapore.

There are certain matured, established areas in Malaysia (in this I agree with cybermaster) that will never be too drastically affected. Places like TTDI, Dsara Heights, Bangsar.

How about areas like Sg Long, Rawang, Cyberjaya, Seremban 2, Desa Coalfields? Would they become the  next Bkt Beruntung? Even now we can see homes in Cyberjaya (!) approaching the 1mil mark for terraced homes in some projects.

Your guess as good as mine.

i think it really depends, if sentul is able to replicate location such as bangsar / mk I do not see how it is going to be adversely impacted. This might be the new location for professionals, young executives and might as well include expats with such iconic residential.... With these (well to do / above average) population flooding in sentul, what say you????

Also please consider the fact that MK/ DPC was nothing before this, ..... takes time to mature...

It is very dangerous when you use Singaporean property as an example to illustrate that the property in Malaysia will rise forever, without considering that Singapore is an island with limited lands and they have a brilliant administration which does its best to attract the foreign expats to live/work/invest there.

If you think carefully how many units are actually launched in Klang valley over the past 2 or 3 years, you will realise that there is actually a serious shortage of condos/landeds to cater for expanding population.

Imagine you just started work few years back and are looking for a decent place to stay, your search is limited to the few condos around the vicinity of where you currently stay. Try it and you will realise there is shortage.

Price has gone up a lot. Yes. Thats in tandem with whats happening in Asian countries. But KL is still cheapest. There is shortage. Imagine a prime freehold in KLCC area only RM1,300psf or in singapore dollars only 500. is that a bubble? what price you want it to drop to? SGD300psf?

Malaysia has another 20 years property bull run. This is just the beginning lah.

Don't believe all these statistical news, look at facebook photo shared about The Fennel at Sentul, people line up overnight to grab million ringgit property & 80% sold within hours.

These articles writer .. what do they know, probably some poor journalist who live in rented flat.

Malaysia market have another 20 years bullrun minimum, Greater KL land as limit as Singapore & Hong Kong, our price still way below them, plenty of upward growth, half Malaysia population expect to live in Greater KL.

RPGT, DIBS, GST sure will keep the price transaction in UUU & BBB mode.

A lot got rich  , not really from "black Money" laa, as what U assumed.
Do more analysis from meeting people rather than assume or read form book.

It took 5 years for oil price to merely climb 2/3 that of 2008 peak, but you still has not answer the second part of your own questions that food price will "never" go down ? so how come essential food price I mentioned like Sugar, Palm Oil today is lower than that of 2008 ?

Actually the answer u try to avoid answering me by asking me do not question u is the same as what happened to property market now.

Ask me any of my comment which u think is imaginative, I will not avoid like..cough2

If ure a potential buyer and u talk to real estate agents, they will always tell u its a sellers market. If ure a seller and u talk to them they will tell u its a buyers market. Bottom line is agents will always tell you anything as long as their primary objective is achieved which is to close the sale within the shortest time possible with maximum commission.

A smart investor will never believe everything he/she hears. Learn to separate fact from fiction. 

Well its a general comment. You are referring to specific agents with whom u have a personal relationship with. These aren't many when u take into account the thousands of agents in the market now. I too have my select few agents who give me real time accurate info on the market but again, these are a rare commodity.

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...

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

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.

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?