Just sit tight and put on your seat belt, the real estate fall has just begun and there will be blood in the street - more than 100% rise in past 5 years does not reflect the fundamentals anymore - dont buy now, buy when it drop so much that the government has to intervene to prop the market.

(E.g. in 2005, government lowered the downpayment to 10% to bolster the market which started the property bull market in 2006, MAS: MAS Issues Revised Housing Loan Rules)