oversubscribed because of number of ppl applying mah.. actual
number of ppl who really go and place deposit and book the flats is
much lesser. read somewhere that it sold less than 35% of the unit?
and even for walking in, only 20 ppl go see? now if they want
to reduce price,those who buy earlier will sure complain one...
That's why the government cannot do anything now to solve the
property bubble.
Too many people rushed in to buy within the last few years when
prices skyrocketed.
They can only hope global factors will affect Sg's economy so
that they can use that as a reason to why prices are crashing in
the future.