So many new development coming up, will it be over supply?

Agree with Ronald, it is area dependent, I personally think Old Klang Road area's property is over-supplied.

lol, how many developments have you seen, is still selling their condos? I have seen plenty developer still marketing their condos for 2 - 3 years now. I would think that not only its oversupplied, but also nobody's buying at the same time.

Mid-range income earner are more cautious with their monies nowadays and with the bank started to increase the base rate of housing loan (I thought it was supposed to be started off by M**bank, but to my surprise O*BC taken the lead on this first hahahahah) some are a bit skeptical to invest I must say.

The same OCBC article which was published said their based rate increase in Jan 2015, but i think its the wrong date, because the article was published in Jan 2016