Kelowna real estate soars: 10,000 registrants interested in new tower
|globalnews.ca 16 Sep 2020 at 11:52|
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.