You may have missed the boat. The last good buy was the Lexis Hibiscus Water Chalets around 250k value. Now I think you can pick up some subsale for 400-500k IIRC. Very busy place nowadays in terms of occupancy. There are some new projects in the pipeline by the Avilion Group but dunno details yet. But generally PD is a very quiet place with a long coastline...just the way some ppl like it. cheers.

The PD waterfront condo call D'Wharf. Nowadays seems like their rental asking price has increased which may be a good sign for investors --occupancy quite good.
450sq ft studio starting price around 280k when launched. low floor and not seaview facing. The internal design quite bad IMO.

e.g. the water faucet at the basin blocks you from washing your face.
flooding in shower area and many more.

cheers.