Going Going Gone BC Parcel Auctioned for US 950

By SL Hak

So day 1 of the LL Bay City auction is over. Trading has been brisk with some spectacular bids. First it must be emphasized that Bay City Docklands which went under the hammer today is at the outer edge of the current region and not considered by many as a prime location within Bay City. Some of the lots are located on the main road through the region, but none are near the highly valued LL attractions.

The highest bid by a mile was a little parcel called “2ee plus”, a flat mature parcel, which is 1344m with 614 prims and sold for L$253k, this makes it L$188 per Sq M, a whopping US$950. Yep thats correct US Dollars!

Break Open Those Piggy Banks

By SL Hak

So how much does a 512 SqM lot on Mainland now command? A quick search of LL Land Sales displays the lowest priced at L$2,100, that's L$4 per SqM. How about paying L$120 per SqM? That's what a recent lot reached in a LL auction, beating off 43 others in the process. This lot was located in prestigious West Haven, but still represents a considerable investment for such a small piece of land. Don't worry if your a little depressed in not getting in on the action, a quick search on Mappa Novus has identified that there are another 8 lots for sale, they'll cost you a little more with the cheapest at L$84,500 equating to L$165 per SqM.

Bart Heart on SL Land

By SL Hak

Bart Heart is the CEO of Bart Heart Estates and Valentine Heart Inc., he's a respected estate owner with 40 sims in his stable. I am just a poor scribe, homeless and seeking to learn from those that have been there, seen it and still prospering. So as I see it LL has flooded the market, by releasing large quantities of sims, they then reduce the estate purchase price creating an even greater demand for regular sims and Openspace. LL are now busy marketing the Bay City sims, a nine strong group of sims, which is as a close that LL is likely to get to estate management. All of these reasons combine in squeezing the estate owner, how far they are pressured and how they'll react is what I'd like to know. So this is my simplistic view of the problem, am I right? Bart Heart was kind enough to address my concerns and explain what he sees.