Location: Australasia
The Penthouse Premium: Buyers pay 35% more for marquee apartments
Penthouses around the world command 35% price premium per square foot in comparison to other homes in the same development, according to new research by Knight Frank.
‘Cities are springing back to life’: Super-prime property sales surge around the world
"We expect super-prime sales to end 2021 on a high," says Knight Frank, as it flags a significant jump in US$10m+ deals across seven major global wealth hubs so far this year.
Knight Frank upgrades global prime price forecasts again
Luxury property price inflation is likely to return to London with gusto next year, predicts the Knight Frank team.
In Pictures: New Sydney penthouses aim high
A marquee unit at 88 by JQZ, a forthcoming super-prime scheme on the city's north shore, has fetched a record price within a week of launch.
Knight Frank picks Notting Hill as one of the world’s top ten neighbourhoods ‘primed for growth in a post-pandemic world’
KF's Wealth Report 2021 identifies ten "up and coming" prime residential locations around the world, including four in Europe.
Reapit buys Aussie proptech firm Agentpoint
British property software firm buys Australian estate agency website maker.
Assael Architecture moves into Australia
Top UK architecture firm looks to tap Australia's burgeoning build-to-rent sector.
In Pictures: Sydney’s ‘King Penthouse’ asks £26m
Greenland Australia, the Aussie arm of Shanghai-based mega-developer Greenland, recently launched a pretty epic 674 square metre penthouse for sale at its eponymous flagship scheme in central Sydney.
Prime property prices continue to climb in global cities, despite the pandemic
Knight Frank's Prime Global Cities Index registered 1.6% average growth in the year to Q3.
Sydney super-home comes close to breaking Australian price record
A vast harbourfront estate in Point Piper has reportedly been picked up by a Chinese tycoon for A$95m, just shy of the A$100m record set in 2018.
Offr raises another £2.7m in Barclays-led funding round
Irish proptech start-up claimed the world’s first fully remote, end-to-end, digital property transaction in March.
153 $10m+ sales worth $3.2bn: How the world’s super-prime markets fared under lockdowns
Activity may have plunged, but global super-prime property markets "outperformed expectations" under lockdown, reports Knight Frank, with 153 sales going through above $10m since March.