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Old 06-01-2016, 11:56 AM   #6402
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Quote:
Originally Posted by 6thGear. View Post
Post more info please. I'm just curious. Thanks
Sure.

I've heard two starting prices so far. $330,000 to $350,000 for 1 bedroom, without parking.

Floors 8 and under may not (still being decided) be able to purchase parking.

Two bedrooms start at around high 400's without parking.

The first phase consists of two towers, the first one is the one being marketed now. 44 Floors, these two towers will start from the 3rd floor, and will be constructed on top of a 2 storey podium that acts as a clubhouse and concierge. The parkade will be accessed from this podium and will not be connected to the elevators in the towers (which means you will need to switch elevators from parkade to your home.

There will be a clubhouse in the podium that has the normal stuff and the strata for the two towers will go towards this. With more and more towers (they anticipate 10 towers, with townhouse somewhere in between as well), each will have their own clubhouse. There will also be one large clubhouse that they called "Super Club" that is shared between all the towers.. Details on the strata and fees for this are unknown, but this facility will include a bowling alley, indoor and outdoor pool, and other stuff.

All units will come with marble, air conditioning, and Bosche appliances and you will have 3 color palettes to choose from.

Sunday and Monday and perhaps throughout the week it was reported that around 19-20,000 people went to submit a suite request. A suite request is basically a criteria sheet where you mark down your prospective unit, floor level, and price range. Later, I am not sure how it really works, but they will give buyers an appointment time to write up their purchase agreement and stuff. They will also give them all the details and information about the building and unit etc. (Pretty scary not knowing what you are signing yourself into).

It seems like Concord is marketing this project quite a bit as there has been billboards, advertisements overseas, and tons of advertisements on chinese TV/news papers.

Its anticipated that the first tower will most likely be sold out and might even be prior to it being brought to market! Crazy...

Nevertheless, with the estimated prices looming around, you are looking at around $700ish per Sq.Ft. which is slowly creeping up to Metrotown numbers area.
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