Developers held back five apartments and two townhouses
Sun
CREDIT: Glenn Baglo, Vancouver Sun Standing tall, and with good reason, sales director Lily Korstanje was taking orders on the day Platinum Project Marketing opened the Two Harbour Green preview centre in the Guinness Tower.
The developer of the Two Harbour Green new-home project has sold everything executives decided to sell, the project’s marketer said Friday, 65 residences in 10 days with an average price of $2.5 million.
The developer, ASPAC, kept five apartments and two townhouses back to allow potential customers who couldn’t make offers in the first week of private previews to make offers.
”We’re currently taking expressions of interest with a closing date of late June so everyone has a chance to make an offer,” said the project’s marketer, George Wong, of Platinum Project Marketing, Macdonald Realty.
”It’s the most equitable way of making this high-demand product available to all.”
The 65 sales generated $160 million in revenues. One Harbour Green sold out in eight weeks in 2003 and generated $110 million in sales.
Most of the Two Harbour Green buyers were Lower Mainland residents.
”Locals now recognize the finite value of Coal Harbour and didn’t want to miss out on the opportunity to own one of the last two downtown waterfront towers offered for sale,” Wong said in a news release.
The Two Harbour Green residences range in size from 2,400 to 3,600 square feet and feature some of the finest appointments and finishings money can, including kitchens by Snaidero, appliances by Miele and lighting from Lutron.
Amenities include a small golf centre and putting green, swimming pool, adjacent sundeck, spa with steam room, sauna, whirlpool, fitness centre and a guest suite for out of town visitors.
There’s a race for top spot brewing in Vancouver‘s high-end luxury condominium market where two as-yet unbuilt projects have units with asking prices in excess of $7 million.
The status of the penthouse — unsold — does nothing to help declare a winner in the race for the most expensive multi-residence new home in the province.
Bob Rennie, marketer of a 5,200-square-foot condo on the top floor of the under-construction Shangri-La at Georgia and Thurlow, has that home listed for $7.4 million. The previous record of $6.9 million was for a 41st-floor home in the Shaw Tower last July.
© The Vancouver Sun 2005
