kam, i doubt prices will go down, coz in sg, land is scarce, so property prices will go up n not down for mature estate, near mrt, gd loc.
unless u dun mind, moving to punggol, woodlands , sembawang area, the flats ther r bigger n cheaper... perhaps, the prices will drop.
for me, i diedie will stay in the east sg/mature estate, so i hav no choice but to buy now. anyway, i also get to sell my flat high too, so net impact is minimal.
cov now is 30-40k, i tink much better than previosuly 50-80k.