no thats last time, now is 20K+ liao including unsold and all uncompleted.
Analyst have been warning on the dwindling land bank of developers and inventory stock at all time low, they predicting the next wave of enbloc fever seen in 2017-2018 to happen soon.
i know some people have been waiting at sidelines since last year predicting a major correction in real estate but surprisingly it didnt happen, so they have been talking the market down.
Same for me i been waiting since last year, but when prices didnt correct after dec 2020 upon ending of loan repayment relief, i know cant wait anymore, visited 10+ projects and issued cheque all in 2 weeks. Sometimes we just have to accept the market reality.