Location: Asia
International buyers snap up 34% of all prime London sales (49% by value)
International buyers account for 34% by volume and 49% by value of all prime London sales, according to Savills' latest report. With the value of PCL stock rising to £21 billion, that's £10.
Two-speed market: prime country house prices drop; super-prime prices rise
Q2 saw a 1.5 per cent drop in prime country house prices. following a 0.2 per cent fall in Q1, according to Knight Frank.
Why London still packs a super-prime punch
Against the backdrop of ongoing financial and political instability in many parts of the world, the superprime residential markets have emerged as one of the leading secure investment options for the…
The cost of being rich is falling
The cost of living a high net worth lifestyle has dropped by 1.
The rich are getting poorer
The total wealth of the world's wealthiest fell by 1.7 per cent in 2011 - the first drop since 2008 - whilst the total number of HNWs (individuals with over $1m investable) rose by 0.
Thai buyers tempted by London property
Thai property buyers and investors are being tempted by London properties in ever-increasing numbers, says Andrew Batt.
Super-prime buyers want flats, says LonRes
In a predictable prime central London property market where demand is still strong and supply short, LonRes's Spring Market Report highlights the differences in what buyers want below and above a £2m…
Malaysian bid wins Battersea Power Station
Battersea Power Station will be developed by SP Setia and Sime Darby, after the Malaysian bidders beat an estimated 15 rival proposals, including one by Chelsea Football Club to turn the 15-hectare site…
‘Asians pay more’ claim is ridiculed
Claims that Asian buyers and investors are overpaying for their London property purchases have been ridiculed by agents and developers in Singapore, says Andrew Batt.