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My opinion is that tower 2 will likely never get built. High interest rates have destroyed the concept of condo investing. Tens of thousands of units were purchased in 2021 and 2022 at far inflated prices far above resale and there are now billions of dollars in unrealized losses. New condos...

Why is this so much more expensive than the surrounding area? Even the Shangri-La, a luxury condo down the street with resale is asking $1250 per sq ft, why is this $1600+?