Park Hyatt (1128 W Georgia) | 197m | 62 fl | Completed

[phesto]

With respect to Living Shangri-la, it’s important to remember that the majority of units were purchased over 4 years ago. So far all of the purchasers have completed and there are only 3 re-sale listings on MLS which would indicate that the majority of purchasers are not just investors looking to flip upon completion, nor are prices for units in this tower likely to drop to the same extent as prices in other, less unique properties (like for instance the Spectrum towers where there are dozens of resale units currently for sale). The higher estate units (which haven't completed yet) are even less likely to be put on the market due to their pricing.

In other words, Shangri-la is mostly luxury product and given the above I don't think it is neccesarily a good indicator of what's going on in the residential market right now.