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not sure how long it takes for changes like this to raise prices in the area, but if it takes a while after the new units are sold, then perhaps the best time would be to buy one of the older units once the new units are for sale (and less interest in the older ones). of course you should...

established blocks may decrease in value once new ones arrive due to new blocks increasing supply? and new blocks priced at a premium due to being new? if you think the area itself might have good growth due to this, then perhaps consider property in the area which isnt going to 'compete'...