Friday, March 26, 2010

Luxury home prices set to rebound this year, developers - Channel NewsAsia
The launch of "The Residences at W Singapore" at Sentosa Cove suggests that developers are gearing up for a rebounding luxury property segment. City Developments has priced its residential units there at S$2,500 to S$3,000 per square foot, at the

W Union Square Put Into Bankruptcy, Halting Foreclosure - Bloomberg
March 24 (Bloomberg) -- The W New York Union Square hotel was put into bankruptcy by the junior mezzanine lender that took over ownership of the Manhattan luxury property in December from Dubai World . Hotels Union Square Mezz 1, an entity controlled

Citi: By Banning Land Sales, China Will Send Luxury - The Business Insider
Oscar Choi at Citi makes a sharp point -- by temporarily banning the sale of land and declaring that 70% of new land supply be allocated to welfare housing, China has actually restricted the supply of property in the higher end property market. Guess

Margate to get South Florida’s first luxury RV park - Fort Lauderdale Sun-Sentinel
A property once occupied by the working poor could soon become home to the mega-wealthy on wheels. In September, Margate is expected to become the first city on Florida's east coast with an upscale RV park. Until it closed in 2007, Aztec Estates

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