There are many new pre construction condo projects in the market and buyers are a little confused which are to be recommended for investment . The Best location projects have higher per square ft rates.

This is such a tough question to answer because I don't think there a blanket answer for "BEST PROJECT". First of all, even within one project - depending on WHEN you buy, or WHO you buy with, you can be paying significantlymore than your neighbour. Same project but different returns.

Our guidelines are very simple but effective. The "best project" should be a mix of:

a) A strong developer with a good reputation
b) Excellent value (this takes into consideration pricing, rentability, when you buy in the launch cycle etc.)
c) A good location (a "good" location is one that is supported by infrastructure or plans are in place to have infrastructure in the future)

The best projects check all three boxes (off the top of my head: YC Condos - excellent developer, location and great value).

I would also consider projects with only 2 of the 3 boxes checked - example:

[x] Good Developer
[x] Good Value
[  ] Good Location

In this case - think of Daniels/Regent Park.  Daniels are an excellent developer who offered amazing value in a neighbourhood that many considered "bad" (Regent Park).  However, this turned out to be an amazing investment if you were able to see the vision of "New Regent Park".  A good developer CAN transform a bad location.

I would NOT consider a project that either has: A "BAD" developer (no matter how good the location or price is - there is no guarantee you'll get what you paid for) or "BAD VALUE" (no matter how good the developer or location is - it means you're overpaying from day 1).

Does ANY of that make any sense? :)