Yes, the off shore customers usually get first pick when a new condominium project begins selling. This happens in every industry. Take care of those who serve you best is a good motto for any business. If you're a regular kind of buyer, thinking that you'd like to purchase in a particular building, you might find this news annoying. However, being first to the trough doesn't necessarily mean they get the best units.
As investor/owners, most will never see the inside of any of these units. Their plan will be to rent them out or flip them. I've been told by builders that oft times off shore buyers will purchase 60% of entire complexes get in the first few weeks they're for sale. They're looking to buy rentable units, 1+1 bedrooms (or 2 bedrooms) with 2 baths. Parking is not an issue. As a rental, a view of the lake has no value, nor does a higher floor. For this buyer, as long as it has the layout to appeal to a student (or students) or young professionals, they'll buy it. Believe me, user/buyers are wayyyyyy more particular. Besides, the best units are always resale condos. Buying new from plans before a shovel is in the ground is foolish on many different levels. Don't get me started.