Kelowna real estate soars: 10,000 registrants interested in new tower

Kelowna real estate soars: 10,000 registrants interested in new tower

is on the rise and many are lining up for their chance to purchase property.

The demand in the Kelowna housing market is so high that the Mission Group, an Okanagan-based real estate development group, has over 10,000 registrants interested in its second tower.

“We have seen enormous registrations. It’s the largest number of pre-registrants we’ve ever seen for a condo tower we’ve done,” said Jonathan Friesen, Mission Group’s executive chairman.

The new 34-storey Bertram tower will hold 257 units and presale begins on Saturday.

Pricing for this weekend’s sale will start in the mid-$200,000 range with the majority of suites under $500,000, but people have to be registered to purchase a unit.
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