I initially thought that this financial crisis will somewhat have an indirect effect on SG. But now when my friends have become distressed sellers, i suddenly feel it so much closer. (another is facing imminent TOP of a condo after losing alot in shares)yes its surely willing buyer willing serller, but within a year banks are only willing to loan 80% of 1.1m instead of 80% of 1.5m - even if my friend sells it at 1.3m, the new buyer will have to cough up over 600k in cash/cpf.