Luxury Real Estate Blog and News
Oaktree Capital Management co-founder Larry Keele owns the home sits on about 383 acres estate. The roughly 383-acre estate is coming on the market for $65 million.
London’s largest home after Buckingham Palace is to be created by Regent’s Park, in a £100m complex complete with a cinema, gym and swimming pool. Developers have won planning permission to convert a row of seven office buildings into a vast ten-bedroom stuccoed mansion. When completed, the 50,000 sq ft Regency terrace will claim the title of London's largest residence after Buckingham Palace. Witanhurst manor in Highgate currently holds that title.
A 600 square meter luxury apartment in Tomson Riviera, in Shanghai, was sold for 96.09 million yuan ($19.6 million), or 160,848 yuan ($32,850) per square meter in November, 2009. This was 13 percent higher than the price of a similar apartment sold in February 2007, and set a new record for priciest home sold in China.
Canada's most expensive residential sale so far this year occurred last month. Falkridge, a luxury retreat in the Calgary region, sold for $13.1 million after being on the market just a few weeks.
Mid Levels Western
Just hours after Hong Kong’s chief executive warned Wednesday that the city might be facing a real estate bubble, one of the city’s largest real estate developers announced that it had sold a duplex apartment in Hong Kong for a record price.
Tsim Sha Tsui
Two penthouses in Hong Kong were each put on sale for a record 38.5 million US dollars. As demand surges for luxury apartments,Sun Hung Kai Properties, the world’s largest developer by market value, has raised the price of two penthouses in Hong Kong by 50 percent to a record $HK75,000 ($11,075) per square foot. The penthouses, on the 91st to 93rd floor of the 270-meter (886-feet) towers, have six bedrooms along with their own outdoor garden and swimming pool.
International architectural firm Aedas is proposing to build the Pentominium Dubai, in Dubai Marina, and if realized, it would potentially be the tallest residential tower in the world. The extremely thin tower will rise 516 meters and will hold a Sky Lounge, Sky Pool, business centre, a private observation deck, segregated health clubs, a cigar lounge, a banqueting hall and private theatre. According to the developer, Trident International Holdings, the design aims to provide the most luxurious apartments in the world, with each residence having access to a 24-hour butler service.
Even by the standards of Hong Kong’s skyscraper-studded skyline, the new International Commerce Center is big. Very big. At 490 meters, or 1,608 feet, the gleaming, nearly complete tower, which has been mushrooming its way into the record books over the past five years, is now the tallest building in Hong Kong. The 118 stories of the International Commerce Center, or I.C.C., also give it the rank of the world’s fourth-tallest building, behind the Burj Dubai in Dubai, Taipei 101 in the Taiwanese capital and the Shanghai World Financial Center.