Property price

Property price is related to supply and demand. People rushing to buy because
1st the economy is good or people expect it to be getting better.
2nd is the demography, local or lots of foreigner come and live here.
3rd is the low interest rate, low rate tends to boast economy growth but too low tends to invite speculation and cause volatility in property price.

But long term, it's the opportunities that count. Opportunity will invite investment and draw in foreigner, as more money circulate in the country, people become richer. Here we don't count the disparity of income. But ultimately, demand will boast up all price, from salary to property.

I suggest that for long terms, property price will continue to rise in those cities like shanghai, Beijing, hongkong, Penang too.