All,

1) Per capita GDP of Malaysians is RM1,800 per month.  Even assuming dual-income family, how MANY people can afford 300K to 400K house/condo?? Isn't this a property bubble??

2) Yes, material price is going up.  But, how much is the costs of the house tied to the building material to begin with?? I would say not much.  It is the LOCATION aka price of the land that determine the house price.  Why am I saying this??  You can go a bit further away from Klang valley and the house of the similar size will drop by 100K to 200K.  So, the house price is NOT that much determine by building material.

3) BLR.  With inflation, it looks like may be the interest will be going up eventually.  Or else, RM will be devalue.  If interest rate goes up, how many people can afford to but those 300K to 400K houses??

4) Unemployment.  How many of your friend / colleagues can survive without income for 6 months?  If we have a sustained recession, how many will have to sell their house??

Given (1) to (4), I believe house price will go down in most places.  Most Malaysians are over-stretched financially.

Dreamer

More people will consider used properties espeicailly those near offices or  LRT lines?