No homes are too luxurious for Manhattan super-rich
Record prices cross US$100m threshold for a single apartment as agents customise residential buildings for billionaires
New York
INFINITY pools, climate-controlled wine cellars and golf simulators - it's the little things that count in the booming market of luxury real estate coveted by the super-rich in New York.
This year, record prices crossed the threshold of US$100 million for a single apartment, and agents are investing more time and trouble than ever before in tailor-making residential buildings for billionaires. A perfect example is the duplex at the top of a 43-storey tower near the United Nations - nearly 10,000 square feet with an infinity pool on the terrace, a private elevator and spectacular views. It's on offer for US$70 million.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters
Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up
Country Garden plans to present debt revamp plan in H2, sources say
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand
Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%