Property prices will not slow down as PAP is ramping up importing foreigners. They do so to compensate low birth rates but in turn, forcing birth rates even lower. It's a vicious cycle.
The recent big push on foreigners is affecting private property prices. What you used to be able to own 2 years ago is now out of your reach. This forces a large number of HDB upgrades and condo sellers to move towards HDB resales. Along with those who cannot qualify to buy direct from HDB due to income cap, you now have 20-30 families vying for each unit, sold within 1 week of posting at >$100k~$200k COV
The demand for HDB resale have not slowed but in fact, increased despite recent measures announced. Come'on LW, half fuck measures are destined to fail. If you're not sincere, please don't wayang lah. I used to think LW may be different but I guess they are all the same.