This is the 1st time i'm in this thread, i duno why i even missed this sticky topic.

Seriously, are u all waiting for a property drop ?

Err.. there is a topic somewhere here about bubble with graphs showing property appreciate even if crash, but prices won't be cheaper than launch price, so u still pay more in the end.

However, its possibility to grab properties in a crash when :
- new launches priced lower because developer giving lower specs + smaller bu
- developer open up not so nice locations in their township to sell flats/aprt
- 2nd hand completed properties in bad location/condition auctioned
- 2nd hand completed properties in good location/condition auctioned due to distressed sellers, but u'll need hard work & a very keen eye to catch them, if at all it is available

Buffett says .. “A house can be a nightmare if the buyer’s eyes are bigger than his wallet and if a lender -- often protected by a government guarantee -- facilitates his fantasy,” Buffett wrote. “Our country’s social goal should not be to put families into the house of their dreams, but rather to put them into a house they can afford.”