Price per sqft in some off-plan communities has moved a lot this year, is it justified or getting ahead of itself?

Comparing price lists from a year ago vs now, some communities have jumped noticeably on price/sqft while others have barely moved.

For people actively watching the market: do you think the increases are backed by real demand/infrastructure, or is some of it developers testing what the market will pay before a launch cools things down?

Would love to hear from anyone who bought a year+ ago, has the value held up the way you expected?