The convenience of having an MRT station and retail mall at your doorstep makes these developments appealing to buyers, said an expert. #Singapore #property #housing
The Straits Times’ Post
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Ayala Land Inc. is set to unveil a two-year reinvention program for four major shopping malls in Metro Manila and Cebu to help sustain growth as the Zobel-led property giant seeks to double its business by 2028. Read the full article on the link below and discover other real estate updates: https://lnkd.in/gT4Aew5J #realestateblogph #realestateblogphpropertynews #REBPH #realestate
Greenbelt, Glorietta, 2 other flagship malls up for renovation - Real Estate Blog PHILIPPINES
https://realestateblogph.com
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The luxury homes segment is driven by a mounting appetite for bigger homes by branded developers in superior locations. Affordable housing is nowhere near to recouping its stellar sales share in 2019. The shift in trend is also visible in the new supply of houses. Luxury homes now account for 25% of new units, up from 11% in 2019, while affordable housing supply has declined to 18% from 40% in the same period.
Indian luxury homes claim larger share of sales, report shows
economictimes.indiatimes.com
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Four-room flats in Alkaff Vista were priced between S$433,000 and S$550,000 when they were launched in 2015, and five-room units went for S$544,000 to S$625,000. According to HDB's data, 4 transactions have been lodged for flats in Bidadari Park Drive. Three were 4-room flats that transacted between S$937,500 and S$1.17 million, and one 5-room flat at S$1.2 million. #sgrealestate #singaporerealestate #singaporeproperty #realestate #housing #realestatecareers #propertybuying #propertyinvestment #skillsfuturesg #upskill
First 4-room Bidadari flats resold for S$937,500 to S$1.17 million, about double BTO launch prices
businesstimes.com.sg
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"Penthouses are king in Manhattan this month, powering the borough’s luxury market through slower mid-summer weeks 👑 The property type has accounted for nearly a quarter of all the luxury contracts signed in Manhattan in the last two weeks, according to Olshan Realty Inc.’s weekly report on properties asking $4 million or more 🏙 Ten penthouses found buyers in the period with an average asking price of $10.7 million. The homes — five condos and five co-ops — spent roughly a year on average the market and were discounted 15 percent from the initial asking price... 🔟 Buyers signed contracts for 20 homes asking $4 million or more last week, down from 22 in the previous period. Of the total contracts, 15 were for condos, three were for co-ops and two were for townhouses 💡 The homes’ combined asking price was $176 million, which works out to an average of $8.8 million and a median of $6.6 million. The typical home spent 824 days on the market and received a 10 percent discount." ⏳✂ Sheridan Wall, The Real Deal #newyork #manhattan #luxury #realestate #sales #market #data
Penthouses Rule Manhattan’s Luxury Market
therealdeal.com
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Rs 1000 crore revenue! As luxury housing market takes leap, Trevoc launches new project in Gurugram - Details The shift in buyers' demand from affordable to luxury and now ultra-luxury has encouraged several players to enter the premium segment. Tapping into the trend, TREVOC Group has announces the launch of its latest venture TREVOC Royal Residences. “The positive market and industry feedback has been overwhelming. The rising 27 stories project combines functionality, innovation and sustainability. It will offer more than just luxury amenities. It will deliver an unparalleled experience for those who appreciate the finer things in life. Situated in one of Gurugram's most coveted addresses, it provides both convenience and exclusivity," Gurpal Chawla, MD, said. #realestate #property #housing #residential #demand #growth #therealtynews #homebuyers #investors #investments #projects #newlaunches #homebuyers #market #luxuryhomes #hnwis #nris #realestatedevelopers #realestateagents TREVOC Group https://lnkd.in/gQ4kenx2
Rs 1000 crore revenue! As luxury housing market takes leap, Trevoc launches new project in Gurugram - Details
etnownews.com
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"March marked a three-year low point for Manhattan’s luxury residential contracts. 📉 Last month was the slowest for signings in the last three years, with 123 deals for units asking $4 million, according to Olshan Realty Inc.. After a record-breaking March with 160 signed contracts in 2021, the total sunk to 140 in the same period 2022 and 130 last year. 🐢 The most expensive home to enter contract last week was a townhouse at 45 West 70th Street. The home was asking $14.9 million, down from $19.6 million when it was listed in 2020. ⌛✂ Of the 30 homes to enter contract last week, 17 were condos, 10 were co-ops and three were townhouses. 📊 The homes’ combined asking price was $188.4 million, which works out to an average of $6.3 million and a median asking price of $5.6 million. The typical home received a 16 percent discount and spent 795 days on the market." 💡 Harrison Connery, The Real Deal #newyork #manhattan #luxury #realestate #sales #market #data
Manhattan Luxury Market Sees Slowest March Since 2021
therealdeal.com
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Approx. 14,630 luxury units were sold in NCR during the first half of 2024, a massive increase from the 1,580 units sold in 2019. In contrast, the affordable segment saw 7,730 units sold in H1 2024, a steep drop from 23,180 units in 2019. Gurugram has been the most active real estate market in NCR in recent years. Millennium City saw 17,570 units sold across different budget segments in H1 2024. Of these, a whopping 59% (approximately 10,365 units) were luxury homes, followed by 27% (4,710 units) in the affordable segment. Back in 2019, Gurugram saw around 13,245 units sold, with 43% or approximately 5,740 units being affordable housing. The sales share of luxury homes was just 4%, or around 470 units
Luxury housing sales up, affordable real estate down in Delhi NCR - Really? Why?
etnownews.com
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My new article on the Sales of Luxury Housing:
Harrogate Welcomes the Sale Increase of Luxury Housing
http://montpelliermewsharrogate.wordpress.com
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To usher in the Year of the Dragon, a 5-room HDB flat at Toa Payoh was reportedly sold at a record price of $1,568,888 in late January 2024. This was a flat located at The Peak @ Toa Payoh, an HDB flat built under the old design, build and sell scheme (DBSS) that has a lease start date of 2012. As of 2023, 22 out of 27 housing estates in Singapore have HDB flats that cost more than $1 million. But could we see an HDB flat achieving the $2 million mark within the decade? Here's our analysis on which HDB Developments Have A Chance Of Hitting $2 Million. Read more: https://lnkd.in/gxsexbKT #DollarsAndSense #Property #HousingDevelopmentBoard #Housing #HDB
Could We See An HDB Flat Sold For $2 Million Within This Decade?
dollarsandsense.sg
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The Q4 2023 Median House and Unit prices are now available. Melbourne Metro House: $909,000 (⬇️ 2.15%) Melbourne Metro Unit: $633,000 (unchanged) Some observations: - Since the peak of Q4 2021 ($1,135,000) the Melbourne Metro House price has reduced on 8 consecutive occaisons; now 19.9% lower than 2 years ago. - From the low of Q1 2019 to the peak of Q4 2021 the Median House Price increased sharply by 43.3%. During the same period the Median Unit Price increased by 18.05% - Since the peak of Q4 2021 ($693,000) the Melbourne Metro Unit price reduced on 4 consecutive occasions then increased or stayed unchanged on the next 4. Currently 8.65% below the peak. In comparison the Median House price in Sydney in now over $1,400,000. For information about how your suburb is performing or any general real estate assistance please contact me at your convenience. 0422339791 / [email protected] #RealEstate #PropertyMarket #RealEstateAgent #realestatemarket #medianhouseprice #propertyprices
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