Supply and demand come to play. Because Malaysians are conservative, they value property that's why prices so high. When we go through a paradigm shift where people don't want the hassle of owning property then those who horde property will be left with the short straw.

Nothing is forever. Last time people own land, that is valuable. Now you own a small plot on its own is useless. After 30 years the neighborhood becomes old, decrepit and undesirable. After some time you need to spend on repairs. Don't put all your chips in property.