TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

BBC NEWS Global High-End Housing Market

Category: Real estate, Posted:20 Mar 2012 | 06:00 am

According to a report by the BBC News the "super rich continue to spend eye-watering sums on new homes."
This is a good thing for Phuket's ultra villa market.
Highlighted in the perspective is the recent USD88 million sale of a New York penthouse condo to a Russian billionaire.
While the global financial crises shut down the party with a mounting period of uncertainty, "wealth watchers (love this term) say it has bounced back with a vengeance."
I'm remained by one of those Bruce Willis Die Hard epics though this time snacking on some nearby caviar and truffles.
Locations mentioned by the BBC include India, the Hamptons, and another Russian in the news – Yuri Milner's USD100 million Silicon Valley purchase of a mega property.
It's interesting to note the trend which is many of these transactions are not for primary homes but second, third, forth or simply investment driven.
Home alone?
Some of the lighter sides mentioned is how real estate brokers Google prospective clients and deal with those who wish to be under the radar.

Other News

Read more

Etro to Launch First Fashion Branded Residences in Thailand in Phuket

Category: Real estate, Posted:09 Apr 2025 | 19:40 pm Etro, the Italian luxury fashion house, is expanding its global presence by introducing its first branded residence in Thailand. This development represents Etro’s second branded residence project worldwide, signaling the brand’s entry into the high-end real estate market. Located in Phuket, a prominent resort destination, the Etro Residences Phuket is poised to cater to international […]
Read more

Game-Changing 1,000 Rai Integrated Resort Town for Khao Lak’s Memories Beach

Category: Hotels|Real estate|Tourism, Posted:28 Mar 2025 | 09:09 am Khao Lak’s iconic Memories surf beach is set to undergo a major transformation into a green-focused resort town named Matalay, which translates to “come to the sea.” Global design firm Gensler has created a master plan that reimagines the area, integrating the existing Memories Beach and surf facilities into a vibrant surf village with sustainable […]
Read more

The C9 Sessions: Phuket Property Pulse – Mid-Year Edition

Category: Hotels|Real estate, Posted:25 Mar 2025 | 08:24 am Here is an amazing opportunity to get up close and personal with one of Phuket’s most prominent luxury hospitality advocates. The session features a candid conversation with Dr. Allan Zeman, whose game-changing developments have created a global following. Join us for fast-paced, in-depth 90-minute learning session updating the Phuket property sector for mid-year 2025 and […]
SiaJai logo

Thailand's Leading Homecare Marketplace