CityCenter, Las Vegas -Veer luxury condos for sale at City Center Part-one
The following floor models are available at Veer luxury condo towers at City Center; I have also included the price history for these condominiums. One of my predictions for 2009 was price cuts for all City Center condominiums long before they announced it. As you can see price cuts are not uniform and the highest price cut is for the 3 bedroom Penthouse condominiums at 51%-53% and lowest for the 2 bedroom luxury condos.
Price history for Veer luxury high rise condominiums (lofts) At CityCenter, Las Vegas
| Square foot | Bedrooms & Bathrooms | Original price | Price cuts | Date of Price Cuts | Current asking price | Total Price Cut |
| 3290
Penthouse condo |
3, 2.5 | $4,400,000 | -25.2%
Oct-09 |
-34%
Nov-09 |
$2,170,000 | 51% |
| 2081,
Penthouse condo |
2, 2.5 | $2,670,000 | -20.8%
Oct-09 |
-40.4%
Nov-09 |
$1,260,000 | 53% |
| 1330 | 2, 2 | $995,000 | +53.8%
Oct-09 |
-48.2%
Nov-09 |
$793,000 | 20% |
| 783 | 1,1 | $645,000 | +25.3%
Oct-09 |
-42.5%
Nov-09 |
$465,000 | 28% |
| 503 | 0,1 | $500,000 | +7.6%
Oct-09 |
-35.3%
Nov-09 |
$348,000 | 30.4% |
Inevitable price cuts were the reason that I had recommended against buying City Center luxury condos, however now we see how much Veer Condos have sold for keeping in mind that the data for Penthouse condos at Veer will not be available until City Center finishes the interior of the 27-37 story condominiums and obtains certificate of occupancy.
View from an interior Luxury condo at Veer Towers at City Center, Interior condominiums are located between the two towers however the view is not bad as you can see
I got to see two bedroom, one bedroom and studios. Given that Veer Tower’s condos are residential condominiums, there is ample closet storage and the units are bright and have full length windows. Even the interior condominiums that are between the two towers get a lot of sun light and the views are not bad. CityCenter has furniture packages for these condominiums for about $17,500 that can be purchased with the condo; however they are throwing in the furniture for the interior condominiums.
Ultra Luxury at Veer Penthouse Living Room
HOA (Condo) Fees and taxes for Veer luxury high rise condos at CityCenter, Las Vegas
Veer condominiums are highly upgraded and slanted toward oriental taste. HOA fees arebit expensive for residential Las Vegas high rise condos and are about one dollar per square foot and yearly taxes run about 1% of the purchase price. Several condominiums at Veer are currently listed in the Las Vegas MLS. The reason that builders do this is to give a prospective buyer the opportunity to make a lower offer on these condominiums. If the offer is accepted then the CityCenter or Veer condominiums sales contract will substitute the original offer, just like foreclosure sales in Las Vegas. It is not clear to me if further price cuts will come or not, but if it comes Veer is the least likely candidate, Vdara is more likely.
Las vegas news » History of price cuts at Veer luxury condos at CityCenter, Las … // Jul 4, 2010 at 11:23 pm
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