News

Homes sell out

20 sales in two hours

$1M

The strength of the South Surrey housing market was evident last weekend after 20 million-dollar homes sold out within two hours.

ParkLane Homes released phase one of its luxury Southport development in the Crescent Road area of 36A Avenue.

And it took just a couple hours for the entire stock to be cleared, despite the tasty price tag.

“We’ve had this kind of success before, but it’s not every day you get families lining up for million-dollar homes,” Gary Marshall, ParkLane vice-president of sales and marketing, said. “I think the location of Crescent Road and the beach is the main reason for the demand.”

Business was also frantic a few miles away at Morgan Heights off 24 Avenue, where two townhouse developments were released.

Highland Park and Glenmore, both by Intracorp and on 161A Street, will have 462 units in total.

“The buyers for Glenmore were a mix of local first-time home buyers,” said Intracorp’s Susan Rutledge. “Whereas buyers on the Highland Park side were empty nesters.”

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