In today's soft market environment, it is surprising to still read about queues overnight for property launches. How many of these buyers truly understand what they are buying as opposed to just following their yeemakoocheh, neighbour, work colleague or market veggie seller to fight to get a unit simply because it is deemed cheap? As buyers, we need to educate ourselves more to be confident of the project to avoid problems later. A particularly large development along the LDP comes to mind.....

Non-experienced property buyers always fall into the trap of 'rebate', '% discount', 'no money down'.. especially the development is in the later stage 

Nicholas Ng, yes especially during difficult times like now. I must say many times it works though, in attracting the buyers. But if the property buyers know, it's actually not such a good deal after all. The developer already mark-up the price of the unit and then offer discount or rebate, so it's still the same. In fact, those DIBS you will end up paying higher bank interest in long run. 

I am quite surprised to see so-called marketing agencies manage to pull in so many buyers for various projects. In today's market, what are they telling these prospects to get them to commit to a property purchase? Will they all live to regret it? 

And these marketing agencies are all illegal to start off with. If the offer is legitimate, why need to go through illegal channels?

@kevlos good sharing