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This observation is true but there are underlying circumstances for the property condo and landed property market to behave in this manner. First, the population of condo is very much higher than landed properties. Truely, landed properties are a rare commodity in Singapore. Because of the huge numbers, the supply of condos in the secondary market is very much higher than landed properties. Another contributing factors for the higher supply of condos is that a lot of condos owners are also investor (whereas most landed property are for owner-occupation). Therefore condos supply, demand and price tend to be more elastic and hence prices can dive when the sentiment and economy is bad. Landed property owners tend to hold on their properties in bad time, so the downturn is less drastic and less obvious. Read More