I do not think the new measures would cause a huge drop in CDL and UOL prices. Perhaps intially when the herd mentality causes holders to worry or panic and unload their holdings. From experience, any new measures woild become dissipated in time and prices start rollinh back in as property prices continue to climb as demand picks up again. For locals, higher incomes reult in families wanting to own their private property and invest in a second or third one. ABSD or not, this tax amount woild be factored into the selling price, hence investors usually do not worry that much. The property curve is always moving upwards with higher highs and lower lows. Thiry years ago I would never have imagined my hoise will ever fetch 6 million and yet it now has surpassed it. Propery imvesting is a long term cause and the longer you hold, the value of your property, though seem high now, would become low in the years to come. So no worries. Pick up the property you eye for or pick property  shares as they never fail to go higher,.