The U.S. ending QE started the outflow. The $ is rising and that tsunami of billions of cheap $ is receding. The Malaysians took steps to increase liquidity by ending the subsidy on fuel, the effects of which on the cost of living have been mitigated by the collapse in oil prices. However, it's a two edged sword and the general fall in commodity prices is hurting Malaysia.
The ringgit is looking over valued and the good times are over. They are in trouble but not to the degree the Turks, Brazilians etc are.
The first signs of belt tightening are of course in property prices. This bubble has been pricked and prices will fall. I surmise rentals, particularly at the higher end, will see more voids unless they compete.
Frankly, I'd take what I could get if I were you. The prognosis is at best a slide into stagnation.