Bro that article is dated 2012. I just talked with my friends last weekend 

when population earn more and accidently bought your MRT high rise say u bought for 575k (like Ucity & vista).. u plan then to sell it off at RM750K lets say... once Vp (and by 2020 according to your calculation taking into account building don't grow old and as new as usual and you wont mind parking RM1.5 MILLIOn by 2020)

means u are paying 6.5 k installment per month for 35 years... u say ok bo.. normally.. for me if i can afford 1.5 million prop would i even bother to take MRT.. High speed train.. KTM... WILL U? come on the public facilities are here to fool and draw ppl to buy when in actual fact even the seller himself wont Utilise the so called public transport.. u are one of the example lor... cant even persuade yourself to buy 1.5 m prop by 2020 how to expect others to buy...

but for rental purposes good.. high rise even in prime area generall have very low appreciation in price coz normally and certainly the price quoted by developers themselves is very high.. but rental purposes ok... but u will have to lock your 600k credit under loan for at least 10 years for long term.. for flipping like seeling upon Vp.. remain vacant for a while

i have been asking this same question for a long time...salary increase not keeping up with inflation rate or the property price...so eventually how people can still afford and buy?     

Oh... 660k dat means good investment for a 2 roomer.. just day no body want to sell.. those agent loiteting around is who... have u describe how amanya surroundings? The old shops? Near forever living HQ..

just wondering.. how much u can rent out wen you sell to potential buyet at 750k ( this price I believe u sure let go) 3.5k loan.. 2 room..

Some developers or syndicates engaged re agents to call up owners offer to buy at high price, while they are unloading their unsold units at lower price.

Asking price without transaction is syok sendiri, believe demand is better judged by how fast unit is sold.

He bought it earlier at RM400k+, loan should be around RM2k above la (can be below). About renting that is another question la. Since I don't think there is good market for renting because of the exorbitant prices and surrounding environment, though the access to KLCC is okay.

Problem is no one bother to even consider ur rented prop.. btw u mention u also rich and dun bothet bout rent.. u categorise your self as rich and subsequently nothing to do and post here

No ... that's not what subprime means.
SUBPRIME in USA are category of ppl NOT qualified to get house loans. Not just bankrupt. It's bcoz banks in USA got a plan to reduce their risk from subprime borrowers with MBS (mortgage backed securities). They sell this MBS to other investors hence "transferring" the risk. With MBS, they also "average" out the risk bcoz it's a mixed of subprime and prime borrowers.

So in Msia ... are there ppl NOT qualified to get loans, getting loans. YES. They are consider SUBPRIME.
Ppl who uses  REFINANCING to buy another property with 10% downpayment. They refinance one property to buy 2 properties. And then they flip these property to make a huge profit margin. The process repeats until they are holding more and more properties. This is ONLY good when the market is in BULL mode.

Some even quit their day job doing this, living on rents. So their credit worthiness is compromised when they quit their jobs. Basically putting ALL in one basket .... Property basket. They also moved themselves frm PRIME to SUBPRIME category. The Msian banks may be prudent in their loans approval but borrowers were not. They think good times will keep rolling and property prices NEVER drop.... 

I hv a 70% loan with a bank, my property has gone up 67% now, I try to refinance my property with new valuation but it was rejected, bank says my income cannot support a higher loan. I try 2 banks
It is not easy to refinance as claimed by you
My LTV stands at 43% now

if property market is to crash, share market comes 1st
oh wai 

I really doubt you hv borrowed money fr banks before, IMO Malaysia banks are more conservative than Singapore's bank

Yeah, the demand is there for all first time owners and younger generation. Problem is that non of them can afford the high prices now.

Biasalah...
A few hardcore DDD always say "UUU camp says market always up, forever up and no corrections"
p/s : I damn miss the GOLD fella lah, he knows m goin to screw him for th PIGS (Euro crisis)

I agree with you. It is totally 2 difference scenario (if malaysia property market crash really happen in the future). At the point of giving out loans, the banks have vet through the borrowers' ability to service the loan and the borrowers are not "subprime" so to speak. Only when there is a mass unemployment problem, or crazy interest rate hikes like 1997/98 then borrowers will face difficulties paying installment. But there is nothing to do with "US sub prime". The extreme DDD people here are too obsessed with seeing a bubble burst. Every example like sub prime, Euro crisis, Japan deflation, Bkt Beruntung will be related to the next property crash