UPDATE: The marketing firm for Three Harbour Green has responded to today's post. You can see their response here.
The investment world calls it the pump and dump.
Is it sometimes used as a 'pump and dump' tactic?
What does "Sold Out" really mean?
Once "Sold Out", the cachet of the property increases with implied high demand.
Three Harbour Green is a Coal Harbour neighborhood development with 81 suites on 32 levels.
That would make sense since Three Harbour Green is advertising the property for sale.
These alleged tax reports appear to indicate that the above listed 34 suites (of the total 81 suites at Three Harbour Green) continue to be registered to the address of the developer, ASPAC Developments Ltd.
For Unit #701:
And Unit #2301:
They all appear to be registered to 1830-1055 Hastings Street - the address of the developer of Three Harbour Green: ASPAC Developments Ltd.
How can this be if "all tower and townhome suites are SOLD OUT"?
I guess it's possible that these tax reports we've anonymously received are fake.
Or, perhaps, Chinese New Year (CNY) did produced a wave of sales and all 33 remaining units (everything except the Penthouse) were sold; the February 26th tax reports merely waiting to be updated with the new registered owners.
But didn't we cover the whole disappointing CNY sales season after the MAC Marketing fiasco?
Does Three Harbour Green and ASPAC Developments Ltd still own all of these suites?
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