“Monsieur Flip-Flop” creates South Kensington property boom with 75% tax band

The "majority of world cities are significantly overvalued" says UBS in its Global Real Estate Bubble Index, as it charts the imminent  risk of price drops in key global hubs. Introduction

Sydney will see the biggest rises in residential property prices of any prime global city this year, says Knight Frank, while Hong Kong, Singapore and Paris are all likely to see price drops.

The lack of decent schemes in W8 has not gone unnoticed by the capital's army of canny developers. Camilla Dell investigates the new crop of prime projects vying to tempt the Knightsbridge crowd...