Quote:
Originally Posted by The Unknown Poster
Also, is there a chance people who have put down deposits for Skycity would switch to TNS? if I was in the market for a downtown condo, I think I'd prefer this development.
Hopefully Skycity still proceeds and this causes them to up the amenities and environment around their development.
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Realistically, once the cooling off period is over, someone would pretty much have to leave their deposit on the table if they wanted to switch to TNS.
Also, despite what some think, SkyCity is closer to becoming a reality right now than the condo units in TNS. They are actively marketing and look to be at almost 75% of their presale goal. That puts them at potentially 3 years or so from occupancy (I know I'm being a bit ambitious). TNS hasn't even started marketing their condos and the 'shovels in the ground' appear to be for the office tower. Anyone looking at wanting to occupy or get an investment return in the next 4-5 years would probably be better off with SkyCity at the moment. Especially if they've already committed to SkyCity.