they won't have a chance in hell..
the quota for PRs in Clementi has been filled up and it's way
over the quota now..
in fact, a lot of listings came down over the weekend.. they
weren't sold.. the owners or the agents knew that the well has run
dry for Clementi...
anyway =>
listing with $110k COV
Okay, at least that's a sign that the property market is
starting to cool off.....
Otherwise, let's face it..... It's a self-perpetuating cycle:
suckers fall for the exorbitant prices, encouraging the homeowners
to continue to rip off suckers, the suckers continue to get ripped
off, and so on....
It all only ends when the suckers all wake up their bloody ideas
and realize that they're all getting fleeced. Then and only then
will the property owners realize that there are no more suckers for
them to fleece, causing them to reduce prices.
Singapore's current property market really reminds me of the
Tulip Mania of Holland in the 1600s.