Casino Towers - 5.9%, 3.7 years average hold
Aurora - 5.4%, 3.6 years average hold
Felix - 5.25%, 3.8 years average hold
Quay West - 4.9%, 5.1 years average hold
Festival Towers - 2.3%, 3.9 years average hold
M on Mary - 1.1%, 2.9 years average hold
Charlotte Towers, 0.9%, 3.5 years average hold.
My guess is that the hold period is calculated from when the off-the-plan contract is signed, not when settlement takes place.
Off-the-plan investors in Devine's Festival Towers and Charlotte Towers have clearly lost money. A word of warning for investors in Devine's Hamilton Harbour. Devine's Casino Towers has done ok, but that is unlikely to be repeated now that Jupiters is building a massive hotel across from Casino Towers that will block much of this buildings river views (but not the western sun). Out of this group, my pick would be Quay West -- only 132 apartments, with a long hold period and good capital growth, never to be built out views.
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