Search
Close this search box.

Subscribe

Richmond Real Estate News

15-Second Real Estate Updates.

Stay Informed

Receive weekly recaps of the latest news, tips, and market trends straight to your inbox. Never feel out of the loop again!

Join thousands of busy Canadians who trust our free newsletter to get smarter in seconds.

Latest Stories

3rd Apr 2025

BCTFA Buys Jim Pattison Group’s Property for $52M

The BC Transportation Financing Authority acquired a 10.373-acre property in Richmond for $52 million, intended as a construction staging area for the $4.15 billion Fraser River Tunnel Project. This infrastructure project will feature a new eight-lane tunnel beneath the Fraser River, replacing the George Massey Tunnel by 2030.

Read the full story by Storeys.

27th Feb 2025

Keltic Considers Selling 27-Acre Development Site in Richmond

Keltic Development, which acquired Richmond's 27-acre Brighouse West Business Park for $300M in 2021, is now gauging market interest in the property. The "River Garden" mixed-use project was planned to feature 1,833 residential units, retail, and office spaces. The developer is considering both selling and continuing development.

Read the full story by Storeys.

25th Feb 2025

Contractors Selected for $2B Richmond Hospital Expansion

Richmond Hospital's major expansion project, valued at $1.959 billion, has reached a new milestone. Graham Design Builders and HDR Architecture have been appointed to design and build the new nine-storey acute-care tower featuring 359 beds. Construction is set to begin in 2026, with completion expected in 2029.

Read the full story by Daily Hive.

13th Feb 2025

Richmond Council Cancels 90-Unit Housing Project

Richmond has canceled a proposed 90-unit supportive housing project at Cambie and Sexsmith Roads due to community opposition and perceived provincial government transparency issues. Despite plans for security features, 24/7 staffing, and clean up teams, council decided to respect community concerns.

Read the full story by Daily Hive.

14th Jan 2025

60-Unit Project Proposed in Richmond’s Hamilton Area

A 60-unit, four-storey apartment building with underground parking is proposed for Richmond's Hamilton neighbourhood, requiring demolition of two homes, including a $2.8 million house built in 2011. The project includes six low-end market rental units, indoor amenities, and retail spaces.

Read the full story by Richmond News.

22nd Nov 2024

Site of the Richmond Night Market Listed as Foreclosure

Duck Island, home to Richmond Night Market, is undergoing $90M foreclosure proceedings. Owned by Jingon International, plans for a commercial redevelopment halted after loan defaults. The Supreme Court has granted the sale, and the site is now listed by Colliers. Rezoning disputes with lenders may impact future development.

Read the full story by Storeys.

RC
RCSubscriber since May 2024
Read More
As a legal practitioner with a busy practice, Real Estate Recap provides me with an insightful and quick update on the current real estate happenings in Canada. Not only is the information helpful for my personal use, it goes a long way in dealing with relevant legal issues for clients.
EM
EMSubscriber since December 2024
Read More
Real Estate Recap is a fantastic resource! It’s packed with useful information about market trends and provides educating insights that help readers understand the real estate market better. The practical tips and clear explanations make it a must-read for anyone looking to stay informed and learn more about the real esate market!
SD
SDSubscriber since June 2024
Read More
Staying on top of real estate news can be hard, but thanks to RealEstateRecap, I don’t miss a beat. Their updates are informative, and make it easy to stay in the know. Great Newsletter, Thank you
SG
SGSubscriber since June 2024
Read More
Very informative newsletter! It is now my go to source for all real estate news.
SB
SBSubscriber since December 2024
Read More
Great newsletter! Very insightful and it provides all the key points without being a long, tedious read. Very well done!

Join Our Newsletter

Instagram Linkedin Envelope

Copyright © 2024 RER Media Inc. – All Rights Reserved.