Luxury Real Estate Blog and News

Hong Kong Heiress Buys Sting’s Manhattan Penthouse

May 15, 2018 - Manhattan
Hong Kong beverage heiress, Karen Lo purchased iconic rocker Sting's sprawling New York City duplex overlooking Central Park for $50 million.

Hong Kong homes overvalued, says IMF

May 14, 2018 - Hong Kong
The International Monetary Fund said homes in Hong Kong are overvalued, but ruled out a crash in prices despite expected hikes in interest rates, saying demand remains high and supply limited.

Forever 21 to Shut Flagship Hong Kong Store

May 14, 2018 - Hong Kong Island
Forever 21 is retreating from its Causeway Bay flagship store next August after its lease ends, with American lingerie chain Victoria's Secret rumored to be taking over the prime location.

Seoul tops list of world luxury house price rankings

May 11, 2018 - Seoul
Knight Frank’s report noted that Gangnam, known as the “Beverly Hills” of Seoul, is “still seeing strong speculative activity,” helping boost luxury-home prices in the city overall.

Sotheby's International Expands to Sri Lanka

May 09, 2018 - Sri Lanka
Sotheby's International Realty said it is starting an office in Sri Lanka's capital Colombo, as upmarket real estate projects come up in the island.

Property prices soar in Chinese city bordering North Korea

May 07, 2018 - Dandong
Property prices in the city of Dandong have skyrocketed since North Korean leader Kim Jong Un visited Beijing in March, Chinese media reported.

3-room unit of Realty Gardens appreciated 2 times in 22 years

May 03, 2018 - Mid Levels Western
A 3-room unit at Flat B, High-Floor, Venice Court, Realty Gardens, Mid-Levels West, with a saleable area of 1,166 sq ft, has been changed hand together with a parking space at HKD 24.3 million.

Cambodian government wants to take back islands from inactive developers

May 02, 2018 - Cambodia
Developers that have not made progress on planned projects in Cambodian islands will need to return their land parcels to the government, Prime Minister Hun Sen warned.

5 Homes Inspired by Frank Lloyd Wright

May 02, 2018 - Argentina
It is a testament to the prescience and inherent genius of American architect Frank Lloyd Wright that only about half of his designs were realized—the rest of us just couldn’t keep up.

Bernie Madoff's Beachfront Mansion Is Selling For $21 Million

April 30, 2018 - Montauk
A gorgeous ocean-front home once owned by convicted Ponzi-schemer Bernie Madoff is hitting the market for a cool $21 million.