Luxury Real Estate Blog and News
Apartments in Kuwait lie vacant as expats leave the country
December 04, 2019 - KuwaitKuwait’s property market has been hit by the increase in the number of expatriates leaving the country, with several apartments now lying “vacant”, local daily Kuwait Times reported.
Expat exodus taking its toll on Saudi real estate market
November 28, 2019 - Saudi ArabiaAround 1.9 million expats have left Saudi Arabia in the past two years, with their exit taking a toll on the country's real estate market, a recent report found.
Lake Tahoe real estate market dips
November 22, 2019 - Lake TahoeThe Lake Tahoe real estate market slowed down in the first six months after a stormy winter in comparison to the same time last year.
Shenzhen Abolishes Luxury Real Estate Tax
November 13, 2019 - ShenzhenShenzhen’s housing and construction bureau announced on Monday that all residential apartments smaller than 144 square meters in the southern city will be exempted from the luxury home tax.
Listed at $250M, Bel Air mansion sells for $94M
October 31, 2019 - Bel AirThe most expensive house in the US had an original asking price of US$250 million. It has just been sold for US$94 million.
Zhuhai announces tender for plot near Hong Kong-Zhuhai-Macau Bridge
October 08, 2019 - ZhuhaiZhuhai has announced a tender process for what will be one of the largest hotel and exhibition centres near the Hong Kong-Zhuhai-Macau Bridge.
Is it really a Terrible Time to Buy a Home in Hong Kong ?
October 02, 2019 - Hong KongAccording to Citibank, Hong Kong residents predicting a drop in home prices doubled to 56 percent from 28 percent last quarter.
Hong Kong to sell its priciest plot of land ever
September 26, 2019 - Kowloon StationHong Kong government to sell off site on top of West Kowloon station expected to fetch record US$11.5 billion.
British abandon French luxury property market because of Brexit
September 23, 2019 - FranceThe number of British buyers of luxury property in France has dropped by 40% in less than five years due to Brexit and the weakening of the pound sterling.
Berlin leading the way on price growth, says Knight Frank
September 19, 2019 - BerlinIn the second quarter of this year, Berlin was the city with the strongest rate of annual house price growth, according to Knight Frank’s latest Prime Global Cities Index.