Surrey: Condo capital
Surrey is being called the condo capital after a North Surrey apartment complex sold out in record time.Sky Towers, near King George Highway and Old Yale Road, pre-sold 901 apartments in 30 hours this past weekend, believed to be a Canadian record.The 36- and 40-storey Sky Towers in Surrey’s Central City area are expected to be the tallest between Vancouver and Calgary when they are completed in 2010.With studios starting at $179,000 and upper-floor, two-bedroom units selling for more than $500,000, the total value of the weekend sale was $280 million.The towers are directly across the street from the five Infinity highrises being built at the King George SkyTrain station. In total, the projects are valued at $1 billion.They are a few of several residential highrise projects currently under way in Whalley.
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