The investor has done the heavy lifting for us on the historical property returns from peak to peak, trough to peak and peak to trough. I share the same view and suggest waiting if you are not in need of a home.
Though I would opine HDB BTOs are always a good buy for a 1st home :)
http://www.crei-academy.com/todays-property-market-to-enter-or-not-to-enter/
p/s : He sells courses and I don't get referral fees from him. So don't be mistaken :)
