Statistical Profile of the Hong Kong UHNWI Against the backdrop of a red hot premium property market, Hong Kong‘s ultra wealthy population holds US$43 billion worth of real estate assets, representing 9% of the total net worth of its UHNW population, according to the lastest study released by Wealth-X, a provider of detailed intelligence on … Read more
Top global destinations lead resurgence in luxury residential property market, reports Christie’s International Real Estate in a new study on the global prestige residential market. Entitled Luxury Defined: An Insight into the Luxury Residential Property Market, the report compares 10 of the world’s top property markets—London, New York, Hong Kong, Paris, San Francisco, Cote d’Azur, … Read more
How will the world’s leading property investors manage their portfolios in the coming year? Colliers’ 2013 Sentiment survey reports a positive global investor sentiment The most desirable region for heightened global investment in real estate in the coming year will be the United States, followed by Asia and Western Europe, in particular London, Paris and … Read more
“We are selling plots of land at prices that are higher than pre-crisis levels” Nakheel, one of the Dubai’s leading real estate developer, launched a new luxury residential project on Palm Jumeirah. The community residential – The Palma Residences will have 104 townhouses and will be a separate gated community with a Mediterranean-style design. Construction is … Read more
London Luxury-Home Prices Rise as Foreign Buyers Seek Haven Luxury-home prices in central London gained for the 15th consecutive month in January as overseas investors seeking to protect their wealth competed for the few properties for sale, the London-based broker Knight Frank LLP said to Bloomberg. Values of houses and apartments costing an average of … Read more