VIC Docklands - OTP valuation at settlement

Afternoon, we are currently looking at an OTP development in Docklands. it is absolutely what we dream for as a home. It is a loft apartment 2B2B1C with just over 100m2 living space two levels for $865k.
I have looked at other 2B2B1C in Docklands but theres no comparable sale as theres no loft apartment in Docklands as yet.
just wary that the valuation will be significant lower at the time of settlement in 2 years (we can afford up to 5-8% decrease in valuation but any more than that would be a struggle).
Given that Melbourne city is now reshaping the area (new cinema, fresh market and new woolworths and primary school etc) and the uniqueness of the apartment do you think that the price will hold up reasonably well?

thanks
Towel35

 

Yes. It will most likely be 80% but will go higher LVR with LMI if lenders allow

 

When is settlement?

 

mid 2020 if on time. but im thinking more likely end of 2020. There are good things happening in Docklands so hoping the sentiment with the oversupply will change