this is all good. The faster and sharper the price increase, the better. I would like to see some day when the norm for new condos is RM1000psf.
lets see how long this game of musical chair is gonna last.

if u so confidence about m'sia property...y not buy as much as u can...

maybe u got some unit, so that's y u want it up up up....

plz think, 97/98 condo price still below 100-200k...some just 100k plus....and dsl is around 200-300k....more than 300k can get very nice enviroment...and that time salary still rm2-3k for few year experience.

now condo for 200-300k is so so environment.....for better environment, u need 400-500k, dsl no need to say...no RM500K, no need to think...unless u wanna buy old and leasehold...now few years experience...salary also 3-4k, if good...can hit rm5kif u not expert, u also can see the big variance there...and plz bear in mind, 97/98...u can eat char kuey tiew include drink rm3-3.50. now char kuey tiew alone already rm4. last time got that many tolls, got also rm1 and below...now shopping mall parking...few hours rm5-8 alr...last time 97/98, got that expensive...if more than rm3, u guys COMPLAIN KAW KAW...and SWEAR KAW KAW....I NEVER GO THAT SHOPPING MALL ANYMORE...

what if feel, once it really hit....it will kena kaw kaw....if u got profit rm50k and above, just sell it...any up will down...if forever up, then there are no more poor ppl...

Try going back to 1970/71 ( the aftermath of May 13 ) and 1987/88 ( recession & Ops Lallang ) for the experience of a property market slump. If the government had not imposed capital controls in 1998 during the Asian financial crisis, and then brought down interest rates sharply, properties would have followed the stock market and crashed as well. During the worst of the crisis in 1998,  short term Rgt interest rates went up to 15% as capital fled the country.

This is the problem lo, the market is driven by investor and developer, the price is high and people like me earn < 10K, can't afford a 1000sqf,  all price is > 450k.....  car loan, education loan, children education fees, and need to consider the repayment for house loan will increase frequently in next year due to increasing of BLR.  Sad.....
dooms day for normal buyer...

Is this healthy or not?

Really hope a lot this kind of peoples and waiting for next 1-2 years... ^^

There's a fine line that separates the bold n the bodoh 

Not discouraging, infact I admire people who takes WELL CALCULATED RISK. Basically :

1. The bold are an informed bunch who understands the risks & rewards, then proceed to buying.

2. The bodoh know half of the story or less but buy anyway driven primarily by the herd.

U see, both did the exact same action but one fella will suffer once the market heads south..............

i.need.a.house.in.pj. the price is ridiculous. i can't even get a decent 2 storey terrace at 700k!!! sigh.

Funny lah... if ppl looking for PJ, takkan suggest Cheras, Kajang and Serdang?
LOLz...
If say Shah Alam, still possible for one to consider.

What is middle class??dog?

so dog only deserve dog house?

hope the gov can stop the speculation activities, else people like me, not high class will suffer a lot.

I have to agree with you. Myself, and the guys around me, have previously talked about owning a home.  and guess what?  After much independant search, none of us has settled for anything. We are all still in the waiting game. Because those expensive prop in the middle of no where, are simply not realistic.

The guys that do buy those property are those who blindly buy in the hopes of making a quick buck.  These are the people who will face financial difficulties and cause the market to spiral down.

i don't agree with the "pressure for wages increment also up" bit. Just take a simple example, 10 years ago as a fresh graduate my starting salary was RM2000 a month, last year, when my youngest brother started working, his starting salary is RM1800.
30 years ago, my uncle bought a house for RM30k. He sold it last month for RM1.5 million. If starting salary was RM300 30 years ago, it sure isn't RM15k now ..... 

Our average salary is well lagged behind the property value  especially at today's price. True that sellers can put whatever price they wanna sell , to add in inflation cost or whatnot, but the issue here is : will there be enough local buyers ?
There are buyers now...... someone at work sold his house within 3 days of putting it in the market. People will always need a roof over their heads.

Even if there are water fish who is willing to buy at high price, will they be able to get the funding needed with the average salary?
A few years ago, the max loan tenure is 30 years. There's 40-year loans now. Soon there'll be 2 generation loans, like in Japan 

I had came across a cash rich company, the company can buy the almost whole floor of condo when launch, and a single unit is >400~500k, then appoint property agent to rent it out.
They say those money is excess for company operation, they do not need it much due to lack of expansion program, while FD rate is so low, might as well park some into property.

actually i think those who have been struggling to find a reasonably priced property (including myself) will agree with your points, but i think it is only natural that sellers/speculators will not agree

maybe the sellers will think that this is the "sour grape" attitude of potential buyers to mention about all this ethical issues, but i would say that speculating on property is totally different from speculation on stock prices. The first one is like taking advantage over a basic need of human being while stock prices speculation is more of business adventures (not all human needs to own businesses via shares)  .. speculating on property is quite similar to stockpile rice/onions/flour etc to sell them at a higher and higher price, and when the average/below average income families can no longer afford, the speculators will just say: then change your lifestyle, i.e. instead of feeding rice to whole family, cut it down by half, add water and eat porridge instead . But what have the average families done wrong to deserve the deteriorated quality of life? they continue to work hard (if not harder) but end up with a worse off living standard due to excessive speculation, this is just not on.when the gap between the rich and poor gets bigger, that's when we start to hv a lot of social problems. Crime rates in the country did not just shoot up overnight, it is a long process that has brought us to feel so unsecured today. Like what buddists believe, cause and consequence. if we take more than reasonable, we will hv to pay back later on. Just like the global warming problem.

GOOD LUCK to all of us who are still homeless 

When you are willing to hire a taxi to work everyday, even though you can afford a car.

Yes, so you concede, that it's unethical? That's all I'm asking atm.

The world may be unfair, but the real question is, what role do we play in making it worst? Certainly there must be some level of civility.

People die from terminal illnesses everyday, but that doesn't mean people can start murdering.

I won't really fault anybody for buying or investing in property before this (assuming they aren't aware of the ethical aspect), just hope that people realise what is happening, and discuss next phase of action.

Nvm if it happen I hope you are ok.

I believe a lot of ppl would prefer readjustment of the property price rather than crash. You can call us loser, but we really can't afford the house which is convenient to our workplace or near to our current staying place with ppl like you around.

I would enjoy your optimism while you can - dont worry being young gives you extra time to recover from life lessons!

Just wondering...

How does one, sell their property at a profit, then buy another house which is under valued?

In essence, wouldn't it be the same to just stick to that same property?