good read with the macro view of the property market in this topic.

personally, i think the property price will still grow steadily regardless depression or not especially in KL & PJ areas. the contributing factor will be: demand is still there for new families' own occupation; affordable entry price; and ever increasing construction material cost.

Interesting, I always salute for people like you who can always make such analysis based on historical data from various aspects such as interest rates, transaction volumes, income, living cost, economy crisis in the past, stock market performance, currencies, comparing to other countries, and etc, just like an economist. I think this is very useful for short to medium term player.

To me its rather simple, I think all of these are just part of the process with ups and downs, its important but we should also focus on the trend on a longer term e.g. 10 years and above. One should be confident on the property market in KL/PJ, because of the ever-increasing construction materials and labour cost, continuous demands from the buyers, the fact that KL/PJ or Malaysia is still developing (maybe at a different pace), and the fact that current property price is still considerably acceptable in many KL/PJ areas for the average KL income earners.

This post has been edited by vgodmax: Aug 8 2010, 01:46 PM