I believe this is a decision that you have to made on your own. At such unprecedented situation, you ask 100 people and they will give you may be 3 different answers each for both private and HDB property markets!
1) Private Property market will crash soon...
2) Private Property market will still go up significantly...
3) Private Property market will be stagnant.
1) HDB property market will crash soon...
2) HDB Property market will still go up significantly...
3) HDB Property market will be stagnant.
If we really have a property bubble now, I believe the real bubble is actually in HDB flats! (Ops!). When do we see HDB flat selling at >$500 psf? Unimaginable. The gap between HDB flat and private property in nearby vicinity is becoming so small that either HDB flat is over-priced or private property is under-priced!
There are still people lamenting that private property's bubble is forming? If this is really so, the HDB property bubble is even bigger!