For reasonably priced new projects, like treasures, sales are still moving. However, resale is slowing and declining as most agents will tell you.
Most buyers of new launch are those who ‘must buy new’. Projects like Florence and woodleigh residences have reduced prices from their first launch weekend prices. Jadescape also offering ‘star buys’ .....if sales are that good would Developers (smart, I assume), reduce prices or offer bargains and star buys?
Buyers know they have time on their side as there are so many new launches and these Developers are showing that early birds may not catch the best priced deals, so why rush in?