Main image: Convoys Wharf (image via convoys-wharf.com)
Reuters: Hong Kong-on-Thames lies in not-too-distant future
A "combination of bold developers and new arrivals" from Hong Kong "could provide a shot in the arm for London's pandemic-afflicted property market," writes Karen Kwok for Reuters... "But property developers – and prospective buyers – risk getting carried away."
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Knight Frank downgrades international prime property price forecasts
"A lot has changed in global property markets since we issued our last global prime residential forecast in December 2021," says Knight Frank.
Waterfront price premiums rise around the world as demand surges
The average international premium for a waterfront property compared with a non-waterfront home has climbed to 40%, according to Knight Frank.
Prime rental growth outpaces capital values in most global cities
“Megacities are once again thriving as tenants are drawn back to urban living after the lifting of lockdowns," says Savills, as prime rents climb in New York, Singapore, London and Los Angeles.
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