luxury housing

Billionaire Duke of Westminster to sell £700 million of US real estate assets

Agents are being appointed to market those assets on a case-by-case basis

The mansion, completed in 2018 after nearly eight years of planning and construction, is perched on an eight-acre hilltop with sweeping views stretching from downtown Los Angeles to the Pacific Ocean.

Qatari royals seek to recoup costs on US$400 million Los Angeles mansion

Even at that price, the seller would be unlikely to break even on the investment

Ayala Land said sales of luxury and premium condominiums have been tepid amid a slower economy that has been partly due to a corruption scandal in the government’s infrastructure projects.

Top Philippine homebuilder Ayala Land pauses luxury tower on war fallout

The builder is cutting its launches of premium and core residential projects by half

Hong Kong’s residential market has shown signs of recovery after interest rates began easing last year and as mainland Chinese buyers returned.

New World’s once-hot luxury development returns at a cut price

Some of the larger, premium apartments are being offered via tender, a method that can help fetch higher prices

Switzerland is becoming a top choice for relocation for some wealthy individuals, families and investors.

Wealthy Middle East residents are house-hunting in Europe to escape war

Investors who might have ploughed money into the most popular Gulf property markets are also examining alternatives

The 75 luxury condo deals done in Q1 mark the highest quarterly transactions of such homes since 84 units were sold in Q4 2023.

Luxury condo deals climb in Q1 despite uncertainty from Middle East crisis: report

Buyers may see such properties as ‘long-term secure assets’ amid geopolitical instability, says Realion

The 23-storey structure folded in on itself after the explosives were detonated on Apr 12.

Miami’s Mandarin demolished to make way for luxury towers

Land values have surged in Miami, with scarce available lots between the Atlantic Ocean and Everglades

Tay paid S$47.84 million, or S$2,000 psf, in early 2012 for the plot, which he brought from businessman Peter Kwee.
SINGAPORE PROPERTY

Watch maven Tay Liam Wee sells Nassim GCB plot for S$92 million or S$3,846 psf

The 23,922-sq-ft vacant site is being sold by former Sincere Watch boss to founder of medical aesthetics clinic chain V Medical

Holders of New Zealand's so-called golden visas will be allowed to buy or build homes worth at least NZ$5 million.

New Zealand reopens luxury housing market as rich foreigners eye havens

The country’s property sector has been in a multi-year slump

Dubai’s skyline has been transformed over two decades by staggering construction ambition.
NEWS ANALYSIS

UAE’s property sector faces reckoning after Iran strikes

Developers say market fundamentals are strong despite volatility