Luxury Real Estate Blog and News
Knight Frank released its annual market forecast on Wednesday, projecting residential, office and retail property markets for Beiking, Shanghai, Hong Kong, Luala Lumpur, Seoul, Tokyo, Sydney, Singapore and Jakarta.
Values of luxury residential properties across Asia continued to slowly rise in the first quarter of 2011. As with the last quarter of 2010, values rose 1.8 per cent, according to Residential Index data from Jones Lang LaSalle.
Ron Tutor, one of the new owners of Miramax Films, has leased his 19,000-plus square-foot mansion outside Los Angeles for $25,000 a month.
Expatriates with families, arriving in town prior to the start of the new school year in September, are fueling luxury residential leasing demand in Hong Kong, according to new research from Savills Hong Kong.