Real Estate

Mattamy is releasing townhouse in Milton tomorrow

  • Last Updated:
  • Mar 24th, 2018 5:42 pm
[OP]
Sr. Member
Jan 4, 2013
578 posts
117 upvotes
TORONTO

Mattamy is releasing townhouse in Milton tomorrow

Is it going to be all sold out?
27 replies
Deal Guru
User avatar
Mar 9, 2007
13964 posts
9045 upvotes
Think of the Childre…
You betcha!! Image
gimegime wrote: Is it going to be all sold out?

WOULD SOMEBODY THINK OF THE CHILDREN!!!
Penalty Box
Aug 11, 2005
4175 posts
1427 upvotes
Someone post the video with the tribal scream
Political avatars and signature are not permitted.
Deal Fanatic
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Sep 8, 2007
9037 posts
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Way Out of GTA
gimegime wrote: Is it going to be all sold out?
Are you in line? How many are you looking to book?
Deal Addict
User avatar
Aug 7, 2007
3783 posts
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GTA
Probably. Looks like they can't sell the detached homes though.
Deal Addict
Jul 6, 2005
3969 posts
1388 upvotes
Toronto
and they will be guaranteed to be built with the cheapest materials possible and very shoddy construction techniques leading to home owner complaints and even more media coverage on their lack of customer service.

wash.

rinse.

repeat for the next Mattamy development.
Deal Addict
Sep 12, 2006
1500 posts
436 upvotes
cartfan123 wrote: Are you in line? How many are you looking to book?
If I pay someone for their spot in line, but then I do not close the deal with the builder, do you know if I can sue the person to get my money back?
Deal Fanatic
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Sep 8, 2007
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alex_d10 wrote: If I pay someone for their spot in line, but then I do not close the deal with the builder, do you know if I can sue the person to get my money back?
Sure sue them and the builder for "undue pressure" that you had to at any cost book a house!
Banned
Aug 28, 2017
301 posts
366 upvotes
100% will sell out in 1 day yes.

Might only be left with a few unfavorable units on crappy lots that do not sell day 1.
Deal Addict
Jan 15, 2010
1189 posts
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Toronto
Didn't they sell out a couple weeks ago? Did they find some more houses in a closet or something?
Deal Guru
Feb 9, 2009
11259 posts
9750 upvotes
DaMan12 wrote: Didn't they sell out a couple weeks ago? Did they find some more houses in a closet or something?
Another mix of townhouses -- and yes sold out as well over the weekend. People are buying.

I notice a tick in sales going on in the resale market too... could be regional but I certainly see it happening.
[OP]
Sr. Member
Jan 4, 2013
578 posts
117 upvotes
TORONTO
May I know why all the East Asian buyers disappear in the market? Can you share some insider information?

Is it due to foreign exchange restriction in Asia or our harsh measures deeply hurt the East asian community? I want east asians to be back, but I don't know what to do to bring them back.

If you are east asian, your idea and thought are greatly appreciated.
Sanyo wrote: Another mix of townhouses -- and yes sold out as well over the weekend. People are buying.

I notice a tick in sales going on in the resale market too... could be regional but I certainly see it happening.
Deal Guru
Feb 9, 2009
11259 posts
9750 upvotes
gimegime wrote: May I know why all the East Asian buyers disappear in the market? Can you share some insider information?

Is it due to foreign exchange restriction in Asia or our harsh measures deeply hurt the East asian community? I want east asians to be back, but I don't know what to do to bring them back.

If you are east asian, your idea and thought are greatly appreciated.
Not East Asian but they will be back. If your hurting may I suggest you sell and move to North Korea?
Member
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Nov 14, 2013
498 posts
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Brampton, Ontario
gimegime wrote: May I know why all the East Asian buyers disappear in the market? Can you share some insider information?

Is it due to foreign exchange restriction in Asia or our harsh measures deeply hurt the East asian community? I want east asians to be back, but I don't know what to do to bring them back.

If you are east asian, your idea and thought are greatly appreciated.
I don't see why you need to target a certain group. Is there a reason?
[OP]
Sr. Member
Jan 4, 2013
578 posts
117 upvotes
TORONTO
I don’t want to target them at all.

But everyone is telling me that they are the greatest buyers, for example the last week’s aurora post with street number 44.

And my observation in the past few years is that the East Asian population in Toronto is actually decreasing, which worries me a lot as all my money are in real estate.

Dsidhu wrote: I don't see why you need to target a certain group. Is there a reason?
Member
User avatar
Nov 14, 2013
498 posts
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Brampton, Ontario
gimegime wrote: I don’t want to target them at all.

But everyone is telling me that they are the greatest buyers, for example the last week’s aurora post with street number 44.

And my observation in the past few years is that the East Asian population in Toronto is actually decreasing, which worries me a lot as all my money are in real estate.

How do you observe? What are you using for statistics? What are you basing your data off?
[OP]
Sr. Member
Jan 4, 2013
578 posts
117 upvotes
TORONTO
http://www.statcan.gc.ca/daily-quotidie ... 2b-eng.htm

Chinese+Korean is only less than 12% of the total immigrants population. This percentage used to be 25% to 30%. This is a bad news for real-estate.
Hong Kong, Taiwan, Singapore, Vietnam, Malaysia didn't even made top 10.

Top 10 countries of birth of recent immigrants, Canada, 2016

Philippines 188,805 15.6
India 147,190 12.1
China 129,020 10.6
Iran 42,070 3.5
Pakistan 41,480 3.4
United States 33,060 2.7
Syria 29,945 2.5
United Kingdom 24,445 2.0
France 24,155 2.0
South Korea 21,710 1.8
Dsidhu wrote: How do you observe? What are you using for statistics? What are you basing your data off?
Sr. Member
Jun 7, 2017
980 posts
733 upvotes
BC
Dsidhu wrote: I don't see why you need to target a certain group. Is there a reason?
Dsidhu appears to be making a distinction:

Are Chinese rich? ---> Not racist.
Where are the rich Chinese? ---> Racist.

All clear now?
Deal Fanatic
Dec 5, 2009
5691 posts
3447 upvotes
gimegime wrote: And my observation in the past few years is that the East Asian population in Toronto is actually decreasing, which worries me a lot as all my money are in real estate.
Explains a lot. At least you admit it unlike some of the other RE pumpers.

Now how about you back off with the racist crap.

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