This bold agenda was only slightly overshadowed this week by news of a development that contains some of these affordable homes in a tower otherwise filled with luxury condos.

At the top end, though, prices are firm with premium central luxury condos still fetching more than 400,000.

A village on a mountain, it offers everything from youth hostels and budget units to fine hotels, luxury condos and town homes.

Buyers who purchased luxury condos in the tower received letters informing them of the project's cancellation.

Additional land was bought by developers, resulting in the oval being surrounded by luxury condos.