Luxury Real Estate Blog and News

A big drop for high-priced homes

May 08, 2019 - United States
The average sale price for luxury homes nationwide fell 1.6% to $1.55 million in the first quarter of 2019, according to Redfin, the first quarterly decline in three years.

Thai buyers feel homes are too expensive

September 05, 2018 - Thailand
High home prices and the current economic downturn have conspired to dampen consumer satisfaction with the real estate climate in Thailand.

HKD 104,000 psf for Mount Nicholson, reached a new high in Asia

August 18, 2017 - The Peak
Phase 2 of Mount Nicholson, The Peak sold 4 units last week, received over HKD 1.5 billion, in which units 16A & 16B were sold together with one agreement for HKD 912 million.

House on Island Road said to be sold for HKD 460 million

April 11, 2017 - Repulse Bay
A 4,720-sq-ft odd-no. house at 33 Island Road, Repulse Bay, with a 2,035-sq-ft garden, has been sold under company transfer for around HKD 460 million.

A buyer purchased 2 units of The Cullinan for HKD 117 million

April 07, 2017 - Kowloon Station
Sun Hung Kai Properties launched 4 units of The Cullinan, Kowloon Station yesterday, which have all been sold.

Villa on Chuk Yeung Road, Sai Kung, changed hand for HKD 115 million

March 16, 2017 - Sai Kung
According to market news, the Ridings, House No. 11, Chuk Yeung Road, Sai Kung, has been changed hand for HKD 115 million.

Unit at Hong Kong Parkview sold for HKD 56.3 million

January 17, 2017 - Tai Tam
According to market news, Room 65, Mid-Floor, Block 11, Hong Kong Parkview, Tai Tam, with a saleable area of 2,157 sq ft, has been sold for HKD 56.3 million, or HKD 26,101 per sq ft.

Thailand luxury home sales benefit from weaker Baht

February 21, 2014 - Phuket
Thailand’s current political crisis has been surprisingly beneficial to foreign sales of luxury properties as the baht gradually depreciates, according to real estate analysts.

China luxury home sales to rise this year

February 19, 2014 - China
Short supply of high-end homes and the increasing number of rich mainland families will continue to drive up luxury home prices in China this year.

Jakarta Is World’s Hottest Luxury Property Market

February 18, 2014 - Jakarta
Indonesian capital Jakarta has topped Knight Frank’s Prime Global Cities Index list of the world’s top thirty luxury markets for the second consecutive year.