The 15-month wait-out period might soon be on the chopping block, and I can’t wait for it to happen. This policy was introduced back in September 2022 and is still in place for now. Unless you’re aged 55 or older and rightsizing to a 4-room or smaller flat, you need to wait 15 months between the sale of your private property, and the purchase of a resale flat. (Trying to get a BTO flat is even worse; you need to wait 30 months to apply for a BTO flat after selling a private home.) This could, in theory, slow the number of million-dollar flats entering the market, from those who are capitalising on strong gains from their private property purchases: prices rose significantly in the aftermath of COVID, and someone with a $1.6 million condo unit to sell can afford premium flats like Pinnacle @ Duxton, SkyTerrace @ Dawson, and so forth. But the truth is, the policy hasn’t moved the needle...