Prices and sales still holding up

[yeokiwi]

IIRC, there are regulations on the holding period of developers with their unsold units after TOP. A hefty penalty will impose if fail to comply.
Moreover, able to hold != feasible to hold , after factoring interest rate, opportunity cost etc.

EC yes. They will be forced to sell to individual buyers.
But private condo? I think I can already imagine numerous schemes that allow them to skirt around the penalty.