Is sg property cheap now?

[corydorus]

Nothing is wasted here. Currently a few projects from Shenton way till Vivocity are not doing very well. You can drive around the entire stretch at 8 PM, around 70% of the units are dark. There are many unsold units there.
There is insufficient demand for condo. So the next group of buyer is richer-HDB-locals, who can't afford to pay $1500 psf. The government did a good job on maximizing profit with Price Discrimination.

What I mean if you to sell as entire condo project vs HDB on same plot of land regardless where, surely there is more returns to national reserve if is condo.