Penticton's Sokana Sells Out First Release in 72 Hours, Final Building Release Coming Soon to Meet Soaring Demand - Fifth Avenue REM mediaiqdigital tracking pixel
Home Buying, Peerage Partners, Real Estate News | July 17, 2023
In response to the overwhelming interest, Kerkhoff Develop-Build announces its plans for the highly anticipated second and final building.

Epic Real Estate Solutions (Epic), the premier real estate sales and marketing firm in the Okanagan, is commemorating the extraordinary achievement of their latest venture, Sokana. In a remarkable feat, the initial batch of homes at Sokana sold out in a mere 72 hours, further emphasizing Penticton’s indisputable position as the upcoming real estate sensation in the Okanagan region.

Responding to the incredible demand and the resounding success of Sokana, Kerkhoff Develop-Build is eagerly pushing ahead with plans for the highly anticipated release of the final building. Anticipated to be unveiled this summer, Kerkhoff Develop-Build is dedicated to meeting the high demand and ensuring that more homebuyers can embrace the exceptional lifestyle that Sokana offers.

Bruno Jury, Vice President of Development for Kerkhoff Develop-Build, expressed their excitement, stating, “We are thrilled by the overwhelming reception Sokana has received, and we are actively working on preparing for the release of the second and final building. Penticton’s allure as a top investment opportunity continues to grow, and we are excited to offer buyers a chance to be part of this amazing community. The success of Sokana’s first release is a testament to the strong demand and appreciation for quality homes in Penticton.”

Sokana, Penticton’s most exciting residential development, has sparked an incredible buzz among buyers, evident from its rapid sell-out during the first release. Offering a meticulously curated collection of 1, 2, and 3-bedroom homes, Sokana caters to both residents and investors, allowing them to rent out their properties on a short-term basis without being subjected to speculation tax.

At Sokana, modern architecture and elegant interiors take center stage, complemented by a wealth of resort-inspired amenities. Residents can indulge in the pleasures of an inviting outdoor pool, a soothing hot tub, a collaborative coworking space, a state-of-the-art fitness center, and more. These thoughtful features have been designed to elevate their enjoyment of the coveted Okanagan lifestyle.

“The response from buyers has been nothing short of remarkable,” remarked Shane Styles, President of Epic Real Estate Solutions. “They are not only enamoured by Sokana’s prime location and luxurious amenities but also recognize the immense potential that Penticton holds as a highly sought-after destination. The ever-increasing demand for homes in this vibrant community underscores the irresistible allure of Penticton’s unique lifestyle and exceptional investment prospects.”

Penticton’s allure as a hotspot for investment receives a powerful endorsement, as it secures a spot among the top real estate investment destinations in 2023. The city’s exceptional growth, boasting an impressive nine percent population increase from 2016 to 2021, firmly establishes it as the premier development hub in the South Okanagan region. Such a remarkable trajectory, combined with Penticton’s distinct attributes, further cements its status as an exceptional investment opportunity, drawing those eager to capitalize on its promising potential.

Playing a significant role in Penticton’s real estate landscape, Epic’s successful Sokana project fuels the city’s growth and prosperity. The groundbreaking sell-out of Sokana’s first release and the upcoming plans for the final building reinforce Penticton’s standing as a top choice for real estate investment in 2023.

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