Property in Malaysia for sale and rent | Buy, Rent and sell real estate and homes

Need expert's view on this issue - Outlook for the year of 2010 for property market analysia.

To what I know property market is gradually picking up after mid 2009. Prices are going up too. As for 2010 hard to say as the RPGT will kick in.

Personally, I'm looking forward to the beginning of a first major bubble in the housing market in Malaysia.

Edward, I always see the term \"property bubble\". What does that mean actually? Was the meaning about escalating property prices that reach its boiling point, and burst? Was it something like in KLCC area where property prices are overly speculated, and drop deep down now.

Need advise.

Edward Chen wrote:
1st? i thought it's going to be the 2nd.......

Chong and Co

I could live with a price escalation in property with some fundamental backing like limited supply or steady or improving yields.Unfortunately we have neither in the areas /countries that interest me so any price rise/bubble can only end in tears IMO...same as Nasdaq tech boom did,same as Nikkei stocks and Jap property did in 1990,same as Dubai did this /last year or same as the US bond market is likely to do this year ..the list goes on and on.It is a great shame that human beings are such greedy creatures and never learn from history....well the good news is that there is always a government near you(all countries are the same!!) that will bail you and your overpriced property out....so don't worry be happy...lol