Do you think there will be a property bubble coming soon since the property prices rising to its all time high? Based on some economic experts, they predict that there will not be any property bubble in Malaysia due to the raw building materials are still going up and also comparing the properties prices with our neighboring countries like Singapore, Hong Kong and Korea, our Malaysian properties are still very cheap.
Although their arguments seems quite logical, we also have to take into consideration our per capital income? How much are our fresh graduates earning nowadays? Can they afford to buy a house based on their current salary? With the inflation rate going up roughly 7% per year, do they have anything left after paying for their study loans, cars, parents and monthly expenses?
Some of them will need to stay with their parents until they have enough money to buy their own property. Of course there are some rich parents can help their children with the down payment or even with their monthly installments? But, how many such parents do we have in Malaysia.