Hi I would like to share my experience. But let us not resort to personal attack ..
I bought two high rise in 2009 and today i am selling them off because i am looking to buy another one for own stay.
The reason why i am telling this is because my role is a seller and also a buyer in this case.
I will share as a seller first, i managed to sell my property in just less than a month without agent. Both of my property got ready buyer. In the end i chose to dispose one and keep the other one.
Frankly speaking, i wouldnt have paid that selling price but that's the market price and ppl are really buying it. I am sure not all property has such good demand but with the right price (not greedy), it can definitely sell off.
Now not to go too far, apart being a seller, i am also a purchaser as i am looking for another property for own stay. I really find price is really unaffordable. There are still some good buy but it is really hard to find these days. High rise price has gone up so much ... so is landed. It really took me some time to find a good value property. Actually i am getting a property that nobody wants because it is in kampung and that's why price is still reasonable but had it been few years back, the price is called outrageous.
Therefore, i agree that demand for property is real and ppl are really buying it. And looking at mrt progress, the gov is committed to bring the property price to a whole new level. I believe it will still rise but on selected area of course. Right now, i can say market is peaked generally but there are some areas that it has potential to go up further. In general i dont see market will crash and even it does, i also believe only on selected area.