with exodus of foreigners, the likes of Alexis will now have to compete with
hdb dbss projects for a share of the
hdb-upgraders pie. but
hdb seems smarter judging by its hugely successful dbss launches in recent weeks. the prices just seemed so "right" and irresistable to the upgrade-hungry heartlanders. now that these upgraders have been suckered into locking up their money, private condos will have less eligible heartlanders to target. price war starts.