Does we all look into the bigger picture of all this coming GST and Petrol price increase? There going to be chain effect on the overall. Will business able to sustain will this increase? People might spend less, business might go slow or close down, people will then lose jobs, but.. what other people here just thinking that property price will keep going up.... The question also on our affortability to get a house now... Developer also taking advantage on this by keep increasing the price where they know people are still buying.... is this situation healthy?

LOL....no money just print la...what is the problem. Flip 1 prop already get 200k min. Petrol price up? Sap sap sui la.

It is not that simple, and you cannot see only from the demand side. You have to look at the supply side also

If the cost increase, there are 2 scenario :

1. Demand can swallow the cost increase
Developer will pass on the cost, and still make the same margin. They continue to build

2. Demand cannot swallow the cost increase
a. Developer can absorb the cost. Their margin is lesser. They continue to build. Try to save cost by giving lesser quality material
b. Developer cannot absorb the cost. This business is no more viable. They stop building
Depends on how a person view the market. Initially, business will try to increase price. They will test the water. So, price will still increase at the beginning stage. If they can't sell, then they will either absorb the cost (for developer's who is cost efficient) or stop building (for developer's who is not cost efficient) 

At the end of the day, no matter which scenario 1, 2a or 2b, the losing side will be consumer in inflationary environment and when GST is implemented

Just because a 4K earner spends 500 or 1/8 pay on fuel doesn't mean a 8K earn need to spend 1000 or a 24K earner spends 4K on fuel.

The higher one income the less they spends on essential (base in income ratio), another point is high income earner usually have company car & company paid fuel, businessman can easily raise the price & channel the cost to consumer like you.

Fuel price will only torture the poor & low middle income groups, so dream on the rich will give up their properties cheap to you..lol

Wake up & do something to change your life, if you seat there continue dream that the rich will pass you their wealth, then you can keep dreaming & continue been a poor fags.