Luxury Real Estate Blog and News

China property bubble bound to burst

February 05, 2016 - China
China’s property bubble is bound to burst as the government’s efforts to clear the pile-up of unsold flats is unlikely to work, say market experts.

Global value of developed real estate reaches $217 trillion

February 04, 2016 - United States
The total value of all developed real estate on the globe reached US$217 trillion in 2015, according to calculations by international real estate adviser, Savills.

Hong Kong January home sales hit 25-year low

February 03, 2016 - Hong Kong
Hong Kong home sales slumped to the lowest in at least a quarter-century last month, Centaline Property Agency estimated, adding to evidence that prices have further to fall.

World's second-tallest building completed in Shanghai

February 02, 2016 - Pudong
Following six years of construction, work was recently completed on the world's second-tallest skyscraper, the Shanghai Tower.

Where are Global Buyers Searching in the United States?

February 01, 2016 - Florida
Florida remains the top State in the United States for foreign buyers with Miami one of the most popular locations for overseas real estate investors.

CBRE APPOINTED AS HONG KONG SOLE MARKETING AGENT OF BEATNIQ, BANGKOK

January 27, 2016 - Hong Kong
CBRE has been appointed as the sole marketing agent in Hong Kong for BEATNIQ in Bangkok. The Hong Kong sales exhibition will be held on January 23-24, 2016 at Mandarin Oriental, Hong Kong.

D.C. mansion sells for $18 million

January 21, 2016 - Washington
A Washington, D.C., Mansion Sells for Record $18 Million. The 20,000-square-foot home was the city's most expensive sale in 2015.

321 Ocean Penthouse Asks Record-Breaking $53M

January 14, 2016 - Miami Beach
Six months after closing on a newly constructed Miami Beach penthouse for $20 million, the owners are putting the unit back on the market for $53 million.

Dubai to get more affordable homes

January 11, 2016 - Dubai
One developer is to build a series of affordable homes in Dubai while over 200 dilapidated villas that were lying empty are to be demolished.

Nigeria to emerge as international investor property hotspot

January 08, 2016 - Nigeria
Nigeria is set to emerge as a property hotspot for international investors in 2016, says leading global agency, Knight Frank.