Here in Steveston (Richmond), there is a 32 unit condo development (Roderick) that will be  going up on the site of Rod's Lumber right in the village. Prime location. A friend of mine who is  downsizing from their house was interested in purchasing one of these units. He was told that it  is all being listed for presales first overseas, as a litmus to best and maximum possible price.

If - and only if - anything is left over, then presales will be available locally.