Luxury Real Estate Blog and News

Beijing land deal sets record

August 01, 2013 - Beijing
Beijing sold a high-end residential land parcel for a record price as developers sought to tap rising demand for luxury homes even as the government maintains its property curbs.

Hong Kong land auction fetches $1.3 billion

July 30, 2010 - Hong Kong
Hong Kong on Wednesday auctioned a plot of land for HK$10.4 billion ($1.3 billion) in its third-most expensive land sale.

Highest-priced listing in Chicago area officially comes on the market for $28M

January 14, 2010 - Illinois
A 26-room, 27,000-square-foot mansion in Winnetka officially came on the market on Tuesday for $28 million, making it the single highest-priced listing in the Chicago area. Known as Le Grand Reve, meaning The Big Dream, the six-bedroom, chateau-style mansion sits on 2.04 acres. Constructed in the last few years and completed in 2008, the two-story limestone mansion was designed by Los Angeles architect Richard Landry.

Duke Semans Mansion for Sale at $50 Million

January 14, 2010 - New York
Just four years after his $40 million purchase of the Duke Semans mansion at 1009 Fifth Avenue, ex-taxi driver and current real estate bigshot Tamir Sapir has put the property back on the market ; This time, the price tag is $50 million. 1009 Fifth Avenue is the only mansion ever to be available directly on Fifth Avenue, and it is thought to be the highest-priced Manhattan townhouse in history. The 20,000-square-foot mansion, built in 1901, currently has a doctor's office in the basement, a five-story main residence, a penthouse duplex on top, 12 bedrooms, 14 bathrooms, and 11 wood-burning fireplaces.

Tomson Riviera Unit Sells At Record Price

January 13, 2010 - Shanghai
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.