To survive the cooling measures, property developers have no choice but to constantly come up with creative ways to move their units from the shelves. Buyers are a rare species Where can they find that rare species called buyers who possess all of the following? - Can afford the hefty cash downpayment of units in new projects; - Are willing to pay 5, 7, 10 or 15 percent Additional Buyer Stamp Duty; - Don’t mind holding the property for 4 years to avoid paying 4 to 16 percent Additional Seller Stamp Duty; - Can pass the TDSR test and obtain the desired percentage of loan-to-value limit; and - Have the guts to buy right now when property prices are on the way down. Developers are probably sharing the same thought: Better sell now than later. Better let go cheaper than get stuck later. But wait! They can’t rock the boat ......