TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

BBC NEWS Global High-End Housing Market

Category: Real estate, Posted:20 Mar 2012 | 06:00 am

According to a report by the BBC News the "super rich continue to spend eye-watering sums on new homes."
This is a good thing for Phuket's ultra villa market.
Highlighted in the perspective is the recent USD88 million sale of a New York penthouse condo to a Russian billionaire.
While the global financial crises shut down the party with a mounting period of uncertainty, "wealth watchers (love this term) say it has bounced back with a vengeance."
I'm remained by one of those Bruce Willis Die Hard epics though this time snacking on some nearby caviar and truffles.
Locations mentioned by the BBC include India, the Hamptons, and another Russian in the news – Yuri Milner's USD100 million Silicon Valley purchase of a mega property.
It's interesting to note the trend which is many of these transactions are not for primary homes but second, third, forth or simply investment driven.
Home alone?
Some of the lighter sides mentioned is how real estate brokers Google prospective clients and deal with those who wish to be under the radar.

Other News

Read more

C9 Hotelwork’s Releases Philippines Branded Residences Report

Category: Real estate, Posted:25 Feb 2024 | 19:51 pm The Philippines branded residences market is experiencing a significant maturation, impacted by urbanization and a post-pandemic shift in lifestyle changes. The market is poised for a high level of growth. C9 Hotelworks newly released Philippines Branded Residences Market Update shows a 105% increase in the pipeline, translating to an additional 5,599 units supplementing the current […]
Read more

Phuket’s Largest Highway Interchange Expected To Attract Largescale Development

Category: , Posted:10 Feb 2024 | 09:42 am The release of plans for a massive highway interchange in North Phuket is spurring development activity in the Mai Khao area. A Mueang Mai interchange on the road leading to Phuket International Airport on the island’s main North-South artery will also have a  direct connection to the East Coast spur highway 4027.  (CLICK to see […]
Read more

GOCO Hospitality Inks Deal With Singapore Temasek to Expanded Wellness Resorts in Thailand and Southeast Asia

Category: , Posted:07 Feb 2024 | 10:33 am Leading Bangkok-based wellness group GOCO has signed a deal with Singapore’s Temasek private equity group via The Fullerton Fund. The injection of funds into GOCO is reportedly ‘high eight figures’ and will fund expansion in Thailand and Southeast Asia into hospitality assets. Two acquisitions are expected to be announced in March by Founder and CEO […]
SiaJai logo

Thailand's Leading Homecare Marketplace