They have solved the problem of high prices. The resale price increase is getting smaller. COV increased from $12k to $24k in the previous quarter. The last quarter the increase was only $1k, at $25k. Good, more people now can afford to buy resale flats. Just prepare to fork out $25k first.
And they are going to build another 12k flats this year and maybe more. So problem solved. Or is it?