Luxury Real Estate Blog and News
Sotheby's International Realty continues its expansion on the international luxury home market by targeting Beijing. The opening is to take place in 2014.
A restored 19th century townhouse in New York has sold for $26 million to Zhang Xin, CEO of Beijing-based development company SOHO China.
The sixth edition of LPS Shanghai, one of China’s leading luxury property shows, will be held from December 6-8 at the JC Mandarin in Shanghai.
Affluent Chinese with a few million yuan to burn are spending billions on international luxury property. The top 3 markets are the United States (No 1.), Canada (No 2.), and Australia (No. 3) respectively.
Malaysia’s property market is expected to receive an influx of foreign investors who want to avoid high taxes in Singapore and Hong Kong, reported Global Property Guide.
According to the results of a recent survey carried out by PricewaterhouseCoopers and the Urban Land Institute, Hong Kong is no longer one of Asia’s top investment destinations due to its sky high property prices.