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Property Prices Hot-Up In Chile 02.03.20Chile’s housing market is going from strength to strength, despite the introduction of a property sales tax in the past three years. The average price of new apartments in Greater Santiago saw an increase of 6.49% during 2019, after y-o-y…
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Australian Open 24.02.20Sydney’s first fully-integrated hotel branded residences has successfully launched in the iconic city. Buyers have spent over $650m (£332m) on apartments at Crown Residences at One Barangaroo, with a record 12 units fetching over £10m each. Developed by James Packer’s…
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A taxing Issue 19.02.20A proposal to overhaul New York City’s property tax regime could result in super-prime buyers paying up to five times more tax on a purchase. Mayor Bill de Blasio has welcomed new recommendations by a “high level” Commission to even…
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A Sense of Grenada 13.02.20The first-ever Six Senses resort in the Caribbean has officially broken ground on the island of Grenada. The new project is the latest by the region’s hottest luxury hotel developer, Range Developments, the company behind the celebrated Park Hyatt St…
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Roll Of The Dice 07.02.20Following a year of global uncertainty all property sectors in Macau have experienced a significant decrease in transaction volume. According to the DICJ statistics, Macau’s gaming revenue recorded at MOP 292.455 billion in 2019, fell 3.4% y-o-y. The VIP market…
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New York, New Law 28.01.20Sales of New York City apartment buildings tumbled to near-decade lows last year, after new rent rules scared investors away from properties with regulated units. By all accounts, 2019 was a bad year for those in the business of owning and selling…
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Prime Market Growth Countries 21.01.20As the market is primed for a slowdown in 2020, the high-end housing markets in Lisbon, Sydney and Moscow look poised to defy the trend that is blighting cities globally this year, according to a recent report undertaken by Savills….
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American House prices trumped 16.01.20The victor of the 2020 American election could determine the fate of housing prices across the country, suggests a recent report from Financial services company, BTIG. Since the 2016 presidential election, counties that voted for President Trump have seen stronger…
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A Cosmopolitan Melting Pot 15.01.20As the Thai property market continues to power ahead, there has been a surge of property and hotel investment in Koh Samui over the last two years. Within the large luxury villa market on the island, the Samujana estate has…
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