Piggy,
That's what the experts say... I think more and more people are swayed by what they read and hear from the "experts". If people got burnt by the stock market, how can there still be too much liquidity in their pocket unless they are all those 2007-2008 en-blockers.
Tetra,
Yah lor, I wouldn't buy a condo in Punggol, much less so when it's $700k and 99 years leasehold. I think the prices are really scary, but hopefully that will work to advantage as we're trying to sell our place now. Hoping to move in Nov, still waiting for keys to new place nearer to PIL's place and Sherman's future Pri sch. We bought just as the prices started to go crazy, so it's not so bad, but we're still broke and going on austerity drive.
Even so, I indulged and bought Sherman a very nice Thomas the Train lantern. It rained on Mid Autumn festival, but we still lit up and walked around the sheltered porch. Then later when the rain stopped, we went for a walk again. He wanted to compare his lantern with all the other kids and was so proud of his Thomas.