Alberni by Kengo Kuma (1550 Alberni) | 133m | 42Fl | Completed

[kja384]

https://vancouver.craigslist.org/van...698547917.html

Sub PH listed at $20k/mo

I wasn't following the pricing structure, anyone know how much they might have paid for it? 2k sq ft units on the same floor were like $9-13M were they not?

[Repthe250]

$20,000 a month and not even a single cutlery drawer in that kitchen

[jollyburger]

Originally Posted by Repthe250

$20,000 a month and not even a single cutlery drawer in that kitchen

If you are paying 20K a month you aren't using the kitchen.

[whatnext]

Originally Posted by jollyburger

If you are paying 20K a month you aren't using the kitchen.

And if you had bought it? I assume it is Westbank renting it out or was there a Greater Fool who purchased?

[osirisboy]

I dislike this building the more I see the units

[VantageHD]

Originally Posted by osirisboy

I dislike this building the more I see the units

Ditto

[bb1510]

Originally Posted by kja384

https://vancouver.craigslist.org/van...698547917.html

Sub PH listed at $20k/mo

I wasn't following the pricing structure, anyone know how much they might have paid for it? 2k sq ft units on the same floor were like $9-13M were they not?

the large 2000 SF 01 units facing S, W, and N (like the one in the rental listing) went for around 12m iirc

[whatnext]

Originally Posted by bb1510

the large 2000 SF 01 units facing S, W, and N (like the one in the rental listing) went for around 12m iirc

Went? As in they were sold?

[bb1510]

Originally Posted by whatnext

Went? As in they were sold?

looks like 3801 and 3901 both sold - there was a title transfer based on LTSA. 4001 is still held by the developer's holding company (1550 partnerships or whatever) as are all three penthouses

[bb1510]

3801 sold for $11,759,921 - occupation of the person on title is listed as "business person"
3901 sold for $10,789,899 - corporation on title with Bellevue, Washington address

[whatnext]

Is this referring to 1550 Alberni?


Steve Saretsky
@SteveSaretsky
2h
Pulse check on the luxury high rise market. There’s a brand new development in Downtown Vancouver that sold out at $2500/sqft back in 2018. It completed in June 2023, since then there have been 30 listings hit the MLS, none of which have sold.

https://twitter.com/SteveSaretsky/st...44815644672495

[jollyburger]

Some photos of the BMU



https://www.linkedin.com/feed/update...44826046464%29

[whatnext]

Just when you think you've already seen the worst layouts in this building:

FIVRE604
@FIVRE604
Today's new listing in "This masterpiece residential skyscraper by Kengo Kuma" is a beauty !

Access to the balcony is through the master BDR. Kitchen is in the living room. 2nd BDR dweller has to deal with an oddly placed large column.

$3M 1000 S.F

https://twitter.com/FIVRE604/status/1772797045549449490

[osirisboy]

lol. Those stupid kitchens

[VancouverOfTheFuture]

Originally Posted by osirisboy

lol. Those stupid kitchens

i saw those columns in the middle of doorways/rooms. jeez. thats crazy. and the price. no way it sells for that.

these buildings can look cool, like vancouver house, but man they dont create great floorplans on the weird floors.

[whatnext]

OK, I know every time I post a listing here the lead is: "I don't think there could be a worse layout..." but here we go again:

FIVRE604
@FIVRE604
This building, Alberni by Kengo Kuma, boggles my mind.

A few listed as "1 bedroom" that clearly do not have a bedroom, this one included. Missing balcony too.

Seller - Realtor, Jacky Chan!
One to watch.
Paid - $1,590,000
Maintenance fees - $837
https://twitter.com/FIVRE604/status/1749624443499127226

[giallo]

^I'm trying to figure out how this unit is over 800sqft. It looks like 600sqft max.

Plus, calling the edge of the kitchen a bedroom is rich. It's just a small, dark corner where one would put a dining table of some sort.

[GenWhy?]

Originally Posted by giallo

^I'm trying to figure out how this unit is over 800sqft. It looks like 600sqft max.

Plus, calling the edge of the kitchen a bedroom is rich. It's just a small, dark corner where one would put a dining table of some sort.

It's a pretty standard studio layout. I'd ignore the "1-bedroom label" as that is just marketing speaking. Studios are known to not come with a balcony.

[giallo]

Originally Posted by GenWhy?

It's a pretty standard studio layout. I'd ignore the "1-bedroom label" as that is just marketing speaking. Studios are known to not come with a balcony.

You're right. As a studio, it's a very typical layout, but the listing specifically says 1 bedroom which is all kinds of misleading. There's zero mention that it's a studio apartment.

Anyway, I wonder how long it will take to sell this studio at the asking price?

[whatnext]

Originally Posted by GenWhy?

It's a pretty standard studio layout. I'd ignore the "1-bedroom label" as that is just marketing speaking. Studios are known to not come with a balcony.

For almost $1.6 mil I'd expect a balcony and it better be bejewelled!