My take is to consider buying when
property index goes up for 3 consecutive months. No point catching a falling knife with the looming supply.
A drop of 1% a month translates to $10,000 for a million dollar property. You are better off paying rent. Moreover, ABSD may be removed / adjusted after the next election.
Of course, if something really catch your fancy, and money is not a concern, remember to ask for a big discount before putting signature to paper.
