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The Supreme Court of British Columbia allowed one buyer to abandon his pre-sale contract because of an incomplete disclosure statement by the developer. The BC Supreme Court Judge Lynn Smith in her judgment ruled that buyers had the right to rescind their agreement to buy a $3.5-million condominium. The buyers sued the developer when they ...
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A 25 per cent increase in Abbotsford housing starts this year has increased new home inventories while the demand is declining. A larger inventory of new homes and tough mortgage conditions are expected to reduce new home construction in 2009. Housing starts in Abbotsford are forecast to decline 31 per cent to 940 units in 2009. The most ...
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Last year Matsqui Joint Venture Group created quite a buzz in the Abbotsford condo market when they announced their plans to complete the construction of BRIO - the 28 story highrise on Marshal Rd - within 17 months. Newspapers were publishing stories about the tallest tower to be built between Calgary and Surrey. Plans to ...
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Fear is a powerful motivator and a great sales tool. Pharmaceutical companies use it to sell new drugs, security companies use it to market their safety devices and CBC is using it to sell news to us. Today CBC is reporting on BRIO - the stalled high rise condo project of Matsqui Joint Venture Group - .with the headline ...
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Work is set to start next month for the 170-unit project, set on a 0.8 hectare [two-acre] site beside the Gateway commercial complex at Marshall and McCallum roads in Abbotsford. Construction crews working on the future 28-storey Brio project will enjoy perks such a concierge, valet parking, an on-site cafeteria and real toilets as incentives to ...
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