if they have no intent to sell it. Because it means other price hike in their dialy life, which is unwanted. Unfortunately, ppl are seldom aware of this. One of my ex-colleagues is an exception --he always asked his wife not to be too happy because houses in their area sell at higher and higher prices.

e.g. 3rm is about 230k now vs 190k before. So it is still reasonable. It could be good if you are willing to rent the house (to NUS students/staff and SPK staff)

However, those houses are old (close to 30 yrs). Better choose 4rm one, considering that ppl living in 3rm there are relatively ...