Caribbean at Keppel Bay: Analysis of Qtr3

In June, I was seriously considering Caribbean at $1000-$1100psf. In case, you didn't the analysis, read it now!. Fast forward 3 mere months, let's look at its price movements.

1. You can see the slow and steady psf increases. Average went from $1191psf -> $1287psf ->$1341psf. That is a 12.5% increase in 3 months. If you had bought a 3 bedder of 1313sqft at say $1200psf and sold it for $1320psf in Sept, that would have given you a profit of $157,560. That equals to 50% return if you had placed a 20% deposit of $315,120 in 3 months.
2. So is there any good buy during these crazy months? Yes, I think so if you look very very very hard and act equally fast! In Sept, there are caveats for $1150psf for 1119sqft.
3. In terms of volume, it is obvious Aug is the busiest. We should see more caveats in Sept but unlikely to top Aug sales. So is prices reaching a resistance?
4. Keppel has also decided to cash in and sell few units they had used as service apartments. Some units have tenancy and furniture. If you are a bull, you would think "what the heck? Just buy one. Quick!:" If you are a bear, you would think "Wait a minute, even developers are cashing out. Why they selling now after holding it through the 2007 peak? Something is wrong. Don't buy now!". If you are in the middle, you would still be thinking and thinking....