I was thinking about property cycles. I think to myself, there are plenty of unsold units from various listed developers, mostly the luxury segment. Given that in another 1-2 years, most will be hit with penalty for holding them vacant, they either can pay the penalty or reduce price to move them. When they slash price to move them in the environment of increasing interest rate as well as supply, wouldn't it create a domino effect? Maybe it would be a good time for some property shopping for this new property cycle in a year or two. I decided to check my "theory" or thoughts. http://www.ura.gov.sg/uol/media-room/news/2014/oct/pr14-64.aspx Indeed, there is no shortage of supply, there are planned supply of 74kof private Properties units excluding EC units, 12k remain unsold. Not bad, most already have buyers. But include the planned GLS and EC, planned ......