Luxury Real Estate Blog and News
Zhuhai property market is underestimated
June 13, 2019 - GuangdongZhuhai’s property market has the best potential upside over the next 12 months, according to the Hong Kong research firm Real Estate Foresight.
Shenzhen to introduce new Singapore-styled housing scheme
June 12, 2019 - ShenzhenShenzhen, known as China’s Silicon Valley, will offer 1 million government-subsidised homes at as low as half of the prevailing market rate.
Madrid is enjoying a boom in super-prime market
June 12, 2019 - MadridPrime property prices in Madrid increased by 8.1% in 2018 and are now 46% above the low point in 2012, according to the latest industry report.
Home price curb imposed in Suzhou
June 06, 2019 - SuzhouSuzhou, a manufacturing hub near Shanghai dubbed the “Venice of China”, is considering new property restrictions to cool runaway home prices.
Foshan leads the real estate rally among Greater Bay cities
June 03, 2019 - FoshanFoshan, an industrial city next to Guangzhou, has experienced the biggest gain in property prices in the last 18 months among the 11 cities in the Greater Bay Area plan.
Zhuhai is new property investment hotspot for Hong Kong investors
May 20, 2019 - ZhuhaiHongkongers splashed out 10 billion yuan (US$1.48 billion) last year on homes in the bay area, by one estimate, 10 per cent more than a year earlier.
Kai Tak’s third-largest oceanfront plot sells for a district record HK$12.6 billion
May 09, 2019 - Kowloon BayA consortium of six developers agreed to pay a record HK$12.6 billion for the third-largest plot of residential land on the former Kai Tak airport’s runway
A big drop for high-priced homes
May 08, 2019 - United StatesThe 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.
Sandbanks is the most expensive seaside town in Britain
May 07, 2019 - PooleSandbanks, the Dorset destination known for its waterfront mansions and views over Poole harbour, has topped a new list of Britain’s most expensive seaside towns.
Unsold luxury homes are piling up in the Hamptons
April 26, 2019 - East HamptonLavish vacation homes are losing their luster in New York's Hamptons, the beachfront retreat favored by financiers and celebrities.