Tag Archives: presale

Single investor bought up 10 out of 91 townhouses as presales in Richmond project using numbered companies, court case reveals

By ThinkPol Staff A single investor, using numbered companies, bought up 10 out of the 91 townhouses as presales at a development project in Richmond, BC, according to a recently concluded BC Supreme Court case. In 1042056 B.C. Ltd. v.

Pre-sale buyers sue cancelled Cambie condo developer

By ThinkPol Staff Pre-sale purchasers of a cancelled Cambie Street corridor condo project have filed a lawsuit against its developer accusing the company of abandoning the development to extract a higher profit from the “sharp rise” in land values in

Westbank pre-sold nearly 1 in 4 Kensington Garden condos — heavily marketed overseas — to flippers

By Amy Chen Prominent Vancouver property developer Westbank pre-sold nearly a quarter of all units of its Kensington Garden project — aggressively marketed in Hong Kong — to flippers, according to documents sent to ThinkPol. An industry insider sent ThinkPol

Toronto condos being presold in Hong Kong for $50K discount

By Amy Chen An upcoming Toronto condominium development is being presold in Hong Kong for a $50,000 discount, social media advertising by the promoter shows. Hong Win International Group Ltd is promoting ZEN King West, development by CentreCourt Developments currently