[Surrey] Century City Holland Park | 49m, 65m, 117m, 135m | 11, 19, 36, 42fls | U/C - Page 22

kja384 · #**421** Posted **Oct 11, 2023, 5:00 AM**

Quote:

Originally Posted by Owlfriend

We purchased a 2 bedroom last spring for about $1017 a sq ft. Theres not much choices right now. And with interest rates being this high I personally don't think we’ll see a lot of projects come to market. I remember seeing Surrey Core was suppose to launch Fall of 2022. They have a show room but the windows are all still covered up.

Mind if I ask which development you bought?

And yea definitely some stalling right now. I remember Rize was expecting to have completed their masterplan by 2025 and they're nowhere near starting. I wonder if Concord's Piano will see any delays, they were supposed to go on sale this month.

I believe Juno is to hit the market soon as well.

Owlfriend · #**422** Posted **Oct 11, 2023, 11:49 AM**

Quote:

Originally Posted by kja384

Mind if I ask which development you bought?

And yea definitely some stalling right now. I remember Rize was expecting to have completed their masterplan by 2025 and they're nowhere near starting. I wonder if Concord's Piano will see any delays, they were supposed to go on sale this month.

I believe Juno is to hit the market soon as well.

This project, Holland Park. To be honest I actually preferred the Blue Sky Parkway 2 project which was suppose to go to pre sale fall of 2022 but never came to market. A realtor told me Parkway 2 will be on presale sometime in 2024. I believe interest rates are just artificially suppressing buyer demand and when rates do go down and make it profitable for developers to market future projects they’ll just cash in and charge more. Or maybe not. Who knows.

kja384 · #**423** Posted **Oct 17, 2023, 1:44 AM**

Quote:

Originally Posted by Owlfriend

This project, Holland Park. To be honest I actually preferred the Blue Sky Parkway 2 project which was suppose to go to pre sale fall of 2022 but never came to market. A realtor told me Parkway 2 will be on presale sometime in 2024. I believe interest rates are just artificially suppressing buyer demand and when rates do go down and make it profitable for developers to market future projects they’ll just cash in and charge more. Or maybe not. Who knows.

Nice, assumed that but I remembered your name from the Georgetown thread and wasn't sure which one you were referring to. Thind's District NW has one beds that are reaching ~$1300/sq ft and the west tower is already sold out. Skyliving by Allure is going to be moving forward soon as well. These prices are pretty crazy to be but when you compare them to say Brentwood I guess they're somewhat sane.

Owlfriend · #**424** Posted **Oct 18, 2023, 3:11 AM**

Quote:

Originally Posted by kja384

Nice, assumed that but I remembered your name from the Georgetown thread and wasn't sure which one you were referring to. Thind's District NW has one beds that are reaching ~$1300/sq ft and the west tower is already sold out. Skyliving by Allure is going to be moving forward soon as well. These prices are pretty crazy to be but when you compare them to say Brentwood I guess they're somewhat sane.

Thanks. The georgetown studio was going for $907 a sq ft back in May 2019. During that period in time real estate demand was going down and a lot of highrise projects were getting cancelled. Georgetown was offering free parking spots for studios because no one was buying. At its peak it was worth about $1148 a sq ft at completion. its sitting at about $1065 a sq ft as of today. We did look into Amazing Brentwood Tower 6. They wanted $900,000 for 637 sq ft 16 floor 2 small beds 1 bath on 16th floor. High $900’s for top floors. Those prices are just too high.

Hotwax · #**425** Posted **Nov 2, 2023, 2:12 AM**

My picture from Wednesday, 1-Nov-2023:

Enlarge

Hotwax · #**426** Posted **Dec 3, 2023, 11:10 PM**

My picture from Saturday, 2-Dec-2023:

Enlarge

teriyaki · #**427** Posted **Dec 4, 2023, 1:35 AM**

Very curious on that signage, it looks pretty massive especially on top of a residential tower.

DuckDuckGoldie · #**428** Posted **Dec 4, 2023, 5:52 AM**

Quote:

Originally Posted by mysticodex

Does anyone know what kind of cooling this building will use? I heard A/C, but I heard that too with Civic 3 Plaza and they wound up with really low-end "radiant cooling" that frankly, doesn't work that well.

It's a heating/cooling fan coil system so it "should" work better than the Civic 3 radiant cooling. Unfortunately the buildings central HVAC only works in either heating or cooling mode and not both so those south facing units may have to open a window to cool down in shoulder and winter.

Hotwax · #**429** Posted **Jan 2, 2024, 2:59 AM**

My picture from Monday, 1-Jan-2024:

Enlarge

Owlfriend · #**430** Posted **Jan 3, 2024, 1:54 PM**

[QUOTE=Hotwax;10112058]My picture from Monday, 1-Jan-2024:

Thanks!

Flynn86 · #**431** Posted **Jan 3, 2024, 10:27 PM**

Has anyone heard any rumors of anyone moving into the CRUs

officedweller · #**432** Posted **Jan 4, 2024, 2:51 AM**

Quote:

Originally Posted by Flynn86

Has anyone heard any rumors of anyone moving into the CRUs

There was this:

Quote:

Originally Posted by officedweller

Multifamily landlords focus on amenities to deliver long-term value
https://www.westerninvestor.com/british-...ities-to-deliver-long-term-value-5385164

Century Group is including a bar in the lobby of a purpose-built rental community at its Holland Park development in Surrey. Century Group
https://www.westerninvestor.com/british-...ities-to-deliver-long-term-value-5385164