Property price is likely to drop due to the following reason:
1) Over supply vs demand
2) Increase of petrol, food, and necessity item... thus squeezing people's expenditure to consider buying property
3) Increase in construction item, thus increase people's doubt whether the property company can finish the project on time or abandoned it
4) Political instability causing foreign people to consider buy property for the fear whether Malaysia is the right 2nd home to stay
5) Property price in good area will remain stagnant because there are some demand for it. But non-popular area would be hit with low demand.

I think uncle brought up a good point... whats the mean age group in Lowyat forum?

Forum Admin, any idea???