Prices will not drop by 30%. At most there is a short-term
correction, but in the longer term, prices will just go up.
So many people stood there and waited, hoping to strike 4D,
strike Toto, in the end, just have to buy the house at a higher
price coz they just kept waiting until they can wait no more.
The govt will never let property prices fall drastically. A
drastic fall will have significant consequences to Singapore
That's why people keep buying even when the prices are rocket
high! 