October 18, 2012

Surrey City Council Considering Tien Sher “Micro Suite” Project





Micro Condos in Surrey

Cosy or cramped? Affordable or laughable? Not surprisingly, views are split on  plans to build Canada’s tiniest condos in Surrey.

Developer Tien Sher has submitted to Surrey City Council plans for 56 condos measuring 290 square feet as part of its Balance project. Speaking with our sister publication, The Surrey Now, Charan Sethi, president of Tien Sher, said the price of these “functional homes” will start at $109,900 but “may come down.”

“If you can afford the $6,000 down payment, and you make a salary of $17 per hour, we have a home for you.”

Still uncovinced? Well, Jemima Codrington, writing in Canadian Real Estate Wealth, offers five reasons why this could be a worthy investment.

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