i have said it many many many times....
all the price appreciation after 2009 is caused by China's money, as they have released, USD 12,000 Billion into the market since early 2009. caused many countries properties prices to soar.
and malaysians as usual are ignorant at all the things happening outside of malaysia.
China is tightening now as we speak, a lot of companies are selling assets to pay their loans.
steel, copper is at 4 year low.
overstock pile at China.
Second this....
China will not consume so much as before, expect commodities price to go down.
since early 2012, china business already dropping. Factories orders dropping, debt keep on increasing, house price keep on increasing.
our local Malaysian market here keeps on running on local stimulus.
how long can you think it can keep on running ?
najib already doubled our national debt from RM 200Bil to RM 550Bil.