well fatum... I think the housing around my area wont
drop...
we have a JC, a Poly and a uni/colleage on the way, a stadium,
swimming complex, 3 shopping centres, quite a few office block, a
MRT, interchange, another MRT in the future...
Heck... we're a mini town... 
the housing near my area just went sky high...
lots of units were taken off the market..
maisonettes are being flogged at over 750k because of "proximity
to" some "good school" which is a load of crock...
the not-so-near ones are being flogged at 680k
then the 4-room ones at avenue 3 is still being flogged at over
600k