Just last week when Tan Sri Liew of Ecoworld was giving an interview he told everyone "Once the market turn bad, make sure your investment is first in line to be sold". It is all about niches and having the best location within a location. Wise words.
When things get too crowded and with poor infrastructure in place, it makes all the sense to invest elsewhere.
The worry of oversupply is definitely felt by the developers too. However, I thought the Capitaland project is already launched?