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

How Urban Flight and Lifestyle Seekers Have Changed Phuket Real Estate

Category: Real estate, Posted:25 Sep 2022 | 10:44 am Urban flight and a continuous stream of incoming lifestyle residents to Phuket are dramatically shifting Southeast Asia’s leading resort real estate market landscape. The new island property mantra is dominated by surging demand for single-family homes and larger condominiums. Phuket has witnessed a sharp change from 2019 when over 9 million tourists sought a place […]
Read more

Destination Group Transacts Khao Lak Hotel

Category: Hotels, Posted:21 Sep 2022 | 16:21 pm The Destination Group has acquired a partially completed beachfront 400-key hotel in Khao Lak, Phang Nga. What was named the Mora Resort which is under construction will see Destination fully complete and brand the property. An opening in late 2023 is planned for the hotel which is located near the JW Marriott. Access to Khao […]
Read more

Soho House Bangkok Opening in December

Category: Hotels, Posted:21 Sep 2022 | 13:09 pm Uber global social brand Soho House will debut in Bangkok this December 2022. Located in the former Eugenia hotel in Sukhumvit Soi 31, the property has been reinvented. With three floors of facilities, food, beverage, and cultural events are also set to be showcased. Soho  House Bangkok membership is set at THB135,000 per year, with […]
SiaJai logo

Thailand's Leading Homecare Marketplace