Luxury Real Estate
Maldives National Ministry of Tourism gave green light last for the construction of Water Discus Hotel, a futuristic -looking luxury hotel said to resemble Star Trek Enterprise spaceship discs. The Water Discus Hotel will be located next to ZEN Resort on Kuredhivaru Island, Noonu Atoll and will be constructed by Deep Ocean Technology, a company … Read more
The prestigious Marina district in Dubai is home to Cayan Tower – world’s highest twisted tower. Stretching 310 metres into the sky, the 73-storey skyscraper, which costed 272 billion dollars, mimics the shape of human DNA. The effect is achieved by rotating each floor by 1.2 degrees. The tower was designed by Skidmore, Owings and Merrill … Read more
Prices for London’s best homes continue to rise: Knight Frank. London property prices rise, but buyers are becoming more value sensitive, according to Liam Bailey, Global Head of Knight Frank Residential Research. The leading independent global property consultancy reports that prime central London residential prices increased by 0.3% in May and are up 3.2% so far … Read more
U.S. home prices see strong gains in the first quarter of 2013, according to the S&P/Case-Shiller Home Price Indices. The leading measure of U.S. home prices, showed that all three composites posted double-digit annual increases. The 10 -City and 20-City Composites increased by 10.3% and 10.9% in the year to March with the national composite … Read more
Luxury home market values on the rise. Luxury home values increased in San Francisco, Los Angeles and San Diego in the first quarter of 2013 compared to a year ago, according to the First Republic Prestige Home Index by First Republic Bank, one of the leading private bank and wealth management company. “Luxury home prices … Read more
China’s wealthiest women reflect the reality of China’s real estate market. The combined wealth of the top 15 wealthiest women in China exceeds US$30 billion, with real estate wealth dominating China’s female billionaires top compiled by Wealth-X. The wealthiest female billionaire in China, Huiyan Yang, vice chairman of Country Garden, is the youngest on the … Read more