Khaw just buying time for housing supply to catch up so he can stop all these interventions that are distoring the market forces ... definitely he is carefully crafting his speech like Bernanke's "forward guidance"
Already, ABSD + SSD + TDSR are forcing the less investment savvy Singapores to invest in Iskandar instead, this will bring also disastrous consequences later on as everybody knows Iskandar is an empty shell
Don't believe me, go to JB and drive around, it is a dead town, Legoland carpark is EMPTY even when the weather is so nice!!!
Another impact will be for 1st time BTO buyers, if Khaw hinting at further drop, why he is offering Punggol Bayview at 500k? If they buy, they will start to kpkb when a resale HDB @ Ang Mo Kio down to 500k
The only way to make everybody happy will be to control it such that it reaches a steady state within a 10% band ... a long flight soft landing path