luxury housing

The first phase of a high-end project by the firm in Gurugram near New Delhi is sold out in ‘two hours’

Sales of homes priced above US$10 million surge to US$5.1 billion in H1, marking a 14% increase from the same period last year

The price is nearly double the S$38.8 million Chrissy Luo paid for the property in 2011

CK Tang family’s Victoria Park Close mansion sells for S$63 million

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

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

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

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

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