Burnaby Starts to Outpace Vancouver in Pre-Sale Condo Development

 

Burnaby's has taken to the SkyTrain stations by storm and is building massive developments at almost all of it's stations. Most notably Metrotown with it's Station Square development (seen above). SkyTrain stations are changing and are becoming little cities unto themselves, with high density residential, commercial shopping and amenities.

 

Burnaby has so many new developments going up that it is starting to outpace downtown Vancouver and the Westside in it's pre-sale market. A recent study has shown heavy interest in Burnaby's Metrotown and Brentwood developments. Brentwood development pre-sales had line ups all night and into the morning and sold all their stage 1 condos within only a couple hours.

 

With Vancouver's prices and the lack of available detached living, condo's are the new kingdoms in the smaller cities. This sort of demand and attention is starting to move outward from the downtown core. Coquitlam, Surrey and others are seeing the same demand for high density living. (Brentwood Development Plan shown below)

 

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