if your 1000 sqft unit is more than 500k then I have a bad news for you, most youngsters now looking for new unit with 0 downpayment for less than 400k, surprisingly there are quite many options now, unlike 5 years ago where property price peaked.

i blame those flippers and gurus who encourage everyone to bbbuuu, making all projects sell like hot cake, then developer build more and more.

this is no different than subprime mortgage crisis in the US, but here more flippers kena than regular joes.