According to Knight Frank’s latest Prime Global Rental Index (PGRI) for Q2 2024, Sydney once again leads prime rental growth among global cities. This report, which tracks luxury rental markets in 15 key global cities, found that prime rents in Sydney increased by an impressive 13.9% in the 12 months to the end of June […]
Luxury bungalows in Ridout Park and Holland Park in Singapore, Saturday, April 29, 2023. Photographer: Lionel Ng/Bloomberg (Bloomberg) By Low De Wei and Faris Mokhtar (Bloomberg) — Business in Singapore’s luxury real estate sector is drying up as one of the country’s biggest money laundering scandals weighs on the market. Sales of luxury bungalows are […]
A person looks at buildings in Singapore, Saturday, Feb. 17, 2024. Photographer: SeongJoon Cho/Bloomberg (Bloomberg) By Low De Wei (Bloomberg) — A luxury penthouse in Singapore used to be one of the city’s most coveted properties, but that’s all over now: A condo with an asking price of nearly $12 million failed to find a […]
Ethan Hsu, head of retail at Knight Frank, expects retail rents to grow between 2 and 4 percent for the full year (Photo: Samuel Isaac Chua/EdgeProp Singapore) SINGAPORE (EDGEPROP) – Average prime retail rents islandwide rose 0.9% quarter-on-quarter and 3.8% year-on-year to reach $27.40 per square foot per month (psf pm) in Q2 2024, according […]
A London home formerly owned by Freddie Mercury has come on the market for more than £30 million (about $38 million). The house, known as Garden Lodge, offered by Knight Frank, was bought by rock star Queen in 1980, according to a press release on Monday. Freddie Mercury (1946-1991), lead singer of Queen, stands in […]
After record growth over the past two years, prime rents around the world have fallen to long-term levels as supply constraints ease and tenants reach their price ceilings, new data shows. According to Knight Frank, average annual rental growth in the twelve months to the end of June 2024 was 3.5 percent, up from 7.4 […]
The influx of students and professionals supports Demand for housing in the New Territories, where rents rose to their highest levels in nearly six years, making landlords in the area the big winners amid cracks in Hong Kong’s property market. A 235 square foot studio apartment at Novo Land in Tuen Mun was rented for […]
The influx of students and professionals supports Demand for housing in the New Territories, where rents rose to their highest levels in nearly six years, making landlords in the area the big winners amid cracks in Hong Kong’s property market. A 235 square foot studio apartment at Novo Land in Tuen Mun was rented for […]
This beautiful apartment for sale in Belsize Park masters the combination of indoor and outdoor life. The apartment is located in a historic house and consists of a welcoming entrance hall, a spacious open plan kitchen/living room, a master bedroom with fitted wardrobes, a second bedroom with en-suite bathroom and a pretty courtyard and roof […]
