The Trilinq was one of those condos that we’ve recently identified as a slow seller, but that has worked out quite well – if you’ve bought in at the later stages. It had quite an interesting story, to begin with. So the story goes that the developer actually wanted to sell it slowly over the course of the 3 years construction, rather than sell out in a weekend. When done right, the price staging could net higher profits. But because of the general slow market, towards the end of its sales in 2017, the average price dropped to $1,200 – $1,300 psf (launch was at an average of $1,505 psf). Their hand was forced because the estimated ABSD fee would have been $50.9 million. Which coincided with how Jasmine (*not her real name for privacy reasons) came about acquiring a unit at Trilinq. Ironically, she “ruled it out 6 years ago when looking for an investment property during the property downturn”. The reason?...