REAL ESTATE: Buyers swarm to snap up suites in Surrey

SURREY — Three hundred condos worth about $70 million sold in Surrey on Saturday as buyers swarmed Evolve sales centre in a frenzy for a chance to buy a suite.

Buyers stood in line for hours and grappled for position at the buying counter to pay as low as $93,900 for suites as small as 316 square feet, said Kiran Rai, marketing director for Platinum Project Marketing.

"It was fantastic," said Rai. "We had tons of people lining up and had over 800 appointments booked for Saturday and about 2,000 people come through the sales centre."

Rai said although sales continued into Sunday, Saturday’s rush caught them slightly off guard, so the final numbers from the weekend are still being tallied.

"Traffic is still pretty heavy at our presentation centre and we’re still trying to catch up from such a crazy day we had on Saturday," Rai said. "Platinum has done large launches before but this is definitely one of the largest we’ve done."

evolve
Kiran Rai, marketing director for the Evolve condo project, shows how their $93,900 studio suite would look using a downloadable app, while standing in the 361-square-foot showroom suite. (File photo)

Evolve will be a 35-storey condo tower on 104th Avenue near University Drive. Suites range from 316 to 1,294 square feet.

The 406-suite building is slated to open in early 2018 and is the second of six towers to be built in the West Village, a master plan community being developed by WestStone Property Group.

Platinum presented Evolve to prospective buyers using a high-tech sales platform – augmented reality and holographic technology which gave home shoppers a multi-dimensional viewing experience of the building and floor-plan layouts. Evolve also offers an app that allows people to view a 360-degree panorama of the suites on their iPhone, iPad or Google Android device.

Rai said Saturday’s buyers included first-time homeowners, parents purchasing for children and a large number of buyers from throughout Canada, the U.S. and overseas.

bsimpson@thenownewspaper.com

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