| Richmond BC Condos A recent CMHC Spring 2009 housing report confirmed over 80% of all new housing constructions in Greater Vancouver are consisted of multi-family units. Richmond plays a significant role in the supply of new condos to the Richmond real estate market. First time home homebuyers provide a strong base for new condo sales, and resale condos. The survey indicated that about 37% or over one-third of the sale transactions of resale and new home sales are bought by first time home buyers. The rapid development of the City’s downtown core since the 1990s and the current construction of Rapid Transit Skytrain will further enhance the rapid growth of Richmond. The City of Richmond is projecting the population for the city core to triple from the around 40,000 to 120,000. Concrete High Rise Condos Aberdeen Residence - 8080 Cambie Road Acqua - 5811 No 3 Rd Seasons -5028, 5068, 5088 Kwantlen St, Prado - 8120, 8160, 8180 Lansdowne Rd Versante' - 8280, 8288 Lansdowne Rd Flo - 6888 Alderbridge Way, 7360, 7362 Elmbridge Way Lotus Living - 5900 Alderbridge Way, 7371, 7373 Westminster Hwy Capri - 7831 Westminster Hwy Ocean Walk - 7535, 7555,7575 Alderbridge Way Merry Park - 8228 Westminster Hwy, 6133 Buswell St
Opal - 7888 No 3 Rd Fullerton - 9171 Ferndale Rd Hamptons' Park - 9180, 9188 Hemlock Dr, 6233 Katsura St Residence On The Park 9188 Cook Rd, 6333 Katsura St Mandalay - 9371 Hemlock Dr, 9373 Hemlock Dr Paloma I - 6068 No 3 Rd The Palms - 8460, 8480 Granville 7080 St. Albans Centro - 7080 No 3 Rd, 8080 Granville Ave The Horizons - 6080 Minoru Blvd, 6088 Minoru Blv | Changing Richmond Skyline Housing developers in Richmond are attracted to building townhouses and condos to meet the demand from home buyers. Entry level older "freehold" 1 bedroom Richmond condos are presently selling at a starting price around $180,000. Newer units are being sold at $280,000 to $325,000 range. The demand for condos in Richmond remains strong averaging around 150 units being sold each month. Major changes to the Richmond City downtown planning envisage more higher density multi-family housing to be developed along the Skytrain transit corridor. The expansion of Richmond's City' downtown core incorporate a more walkable and pedestrian friendly city core.
You can view some of the newer concrete high-rise condos around the City Center using the links on the right. Return to Homepage. |