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.”

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.

You might like ...

Q&A: Ex-transportation ministers criticize referendum, discuss TransLink
 
Operation Red Nose ready to hit the road for another season
 
Two police officers hospitalized after being rammed by stolen truck in Surrey
‘Jail time not warranted’ in White Rock sex assault: lawyer
 
Hudler scores in SO as Flames beat Devils
 
Seniors flu clinics may be reinstated
Ridge economic development manager now on Abby council
 
BC Ferries to cut routes and senior discount, test slot machines between Island-Lower Mainland
 
BCCLA: Cities must set up prison polling stations for elections

Community Events, November 2014

Add an Event


Read the latest eEdition

Browse the print edition page by page, including stories and ads.

Nov 20 edition online now. Browse the archives.