Posted Jul 1, 2022, 1:45 PM
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Registered User
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Join Date: Feb 2009
Location: Hamilton
Posts: 2,776
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Quote:
Originally Posted by lachlanholmes
Keep in mind we don’t really know when they are selling. As far as I am aware, Cobalt hasn’t actually had a single unit sold, but the signage has been up for 2(?)+ years now.
I imagine it could the same thing here. Spend a few years collecting names, and then sell when the building is, or is close to, completion — and when the market is likely to have gone up further. If you’re like LiUNA and have the money to build without pre-sales… why would you sell for less?
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Isnt cobalt rental apartments?
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