AS an example : A CCoast owner bought two H ( 1200 sq ft ) flats on top of each other and wanted to put a staircase in - it cost him $ 150 000 to get a hole in the floor/ceiling approved - and took almost a year. And then another $ 150 000 to build it.
And as an afterthought - he now owns a 2400 sg ft that has been empty since he bought it - never a good idea to have the most expensive/biggest house in a poor neighbourhood.
Which in my opinion does not bode well for a clown that just spend 25 mill $ on one of the new houses.......
I heard that two-layer H-flat is very nice. Have you seen it?
Of course, the "Lamer"* homes, are "speculative trophies" for their new owners. I wonder how many will actually live there? If they go out looking for tenants to rent them, they may be disappointed. If I was a Cathay pilot living at Le Bleu, i might be tempted to ask my LL for a rent cut, given all the new supply that will be likely to come into the market as they hoems are completed.
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If Le Bleu homes have a "LAME excuse for a sea-view", what would yo call the Le Mer views ...?