What I foresee is that property below 500K is going to see a surge in demand, because those who are earning 5K-10K and eligible to purchase property above 500K, may reconsider their option to purchase property below 500k instead, just to take advantage of the 30K subsidy.

Those whose current market price is already close to RM500k probably will not see much price increase (maybe just easier to sell), but those whose current market price around RM450k range might see an increase if demand for this segment went up.

I think generally we might see a surge for property below 500k. But the biggest impacted segment might be properties around 500k. Think about it, if I'm currently surveying property whose current market price is around 500-550k, I would seriously reconsider my option now to look at property slightly below 500k just so I can take advantage of the 30k subsidy. So those seller whose current property market price just slightly above 500k, might be forced to reduced their price.