Future 99yr leasehold Ang Mo Kio condo at $18xxpsf?

As you may be aware, Newton freehold brand new District 9 The Atelier has already transacted at $27xxpsf to $30xxpsf.

99yr Kopar @ Newton also a brand new condo next door, has already sold at $24xxpsf to $25xxpsf…

Just a few days ago on 25 May 2021, UOL paid $1118psf for a piece of land in Ang Mo Kio. Can you imagine in future, prices at Ang Mo Kio could be selling at close to $18xxpsf and above 😨since the developer has already paid $1118psf just on land alone. Plus future construction costs which are expected to rise.

https://www.edgeprop.sg/property-news/gls-site-ang-mo-kio-ave-1-draws-15-bids-top-bid-1118-psf