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Archive for the ‘Condominiums’ Category

X/O Condominiums – Awarding Winning Mega Condo Development in South Loop, Chicago

by OP-Mall on Thursday, September 4th, 2008 in Chicago, Condominiums, Green Property, International Properties for Sale | Real Estate Listings, Luxury Property

XO_Condominiums_Towers_Chicago_South_Loop

X/O Condominiums is a two tower, super high-rise, with one tower 40 stories and the other 35. In total, X/O boats 487-units beautifully designed by architect Lucien Lagrange.

Scheduled to be completed in 2009, X/O was named, “Best New High Rise” this Spring by New Homes magazine. The award was based on price, amenities (state-of-the-art fitness center, pool and spa w/ outdoor misting park, movie screening room, and more!) and naturally, the design.

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The Concourse 2 Jumeirah Village – Dubai

by OP-Mall on Sunday, August 24th, 2008 in Condominiums, Dubai Property, International Properties for Sale | Real Estate Listings, Jumeirah Village, UAE Property

Concourse2_building_m.JPG

The Concourse 2 Jumeirah Village is one of a new breed of developments, offering buyers a virtually self sufficient living complex that incorporates living, shopping, exercise, play and business.

The Concourse 2 is comprised of two elegant towers (Residence & Plaza towers), rising out of a 4-level podium. With the Residence tower offering stylish residential living, the Plaza tower offers a first class business office environment. The overall development showcases extraordinary convenience, speckled by elegance.

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Knightsbridge Residences in Makati (Manila), Philippines

by Overseas Property Mall on Saturday, July 12th, 2008 in Condominiums, International Properties for Sale | Real Estate Listings, Manila Property, New Development Alert, Philippines Property

Knightsbridge Residences can be described in three words:

smart. sexy. available.

Situated in Makati, the heart and cultural, financial and social center of Manila, Knightsbridge Residences will be smack bang in the middle of the country’s most luxurious and expensive real estate. Knightsbridge Residences will be the second residential tower to rise at Century City in Kalayaan Avenue, within the heart of the Philippines’ Central Business District.

Century City living offers not only constant evolution, but also luxury living, shopping, dining, office spaces and more. It is a city within a city and so sophisticated it will impress even you, guaranteed.

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Sukoon Tower sells 70% in First Week

by Overseas Property Mall on Thursday, January 17th, 2008 in Bahrain Property, Condominiums, International Properties for Sale | Real Estate Listings

Tashyeed Properties, a Bahrain based property developer announced it’s freehold luxury residential tower, the Sukoon Tower, on Jan 8th 2008. Just 8 days later, they announced the fact that sales of apartments in the Tower in Juffair have been progressing well – more than 70% of phase one have already been sold.

Mr. Redha Rajab, Managing Director and Chief Executive Officer of Tashyeed said, “The sales team has had a great deal of interest in the project and we already have potential investors looking at apartments available in the second phase,”

“We believe the strong sales in Sukoon Tower have come from the attention to detail that has been put into the project. From the outset, Tashyeed Properties has worked with internationally renowned architects and interior designers to ensure the apartments and facilities at Sukoon have been designed with the resident’s comfort in mind.”

Top-of-the-range fixtures and fittings have been chosen including western style kitchens and bathrooms which is certainly nice to know, as we dread to think the sort of havoc a Tanour could cause the fire alarm system.

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Harry Potter and the Sorcerer’s Condo

by Overseas Property Mall on Sunday, December 30th, 2007 in Celebrities & Property, Condominiums

18-year-old Daniel Radcliffe, star of the Harry Potter film series has just paid $4.3 million for a condo in New York. The condominium in question is a glass walled, fifth floor apartment in SoHo, a bohemian New York district.

It seems unlikely the film star will actually move in, as the apartment was almost immediately offered on the rental market by Gilmore Jacobs, a firm set up by Radcliffe’s parents in 2000 to maximize his earnings – asking rent $20,000 per month. Harry Potter joins a growing list of wealthy Brits buying in to the New York luxury condo market and taking advantage of the current weak dollar.

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Price per Square Foot for Luxury Condos

by Overseas Property Mall on Monday, December 24th, 2007 in Condominiums, French Property, Hong Kong Property, Italy Property, Japan Property, London Property, Moscow Property, New York Property

Price per square foot can be an interesting approach to pricing real estate and we though it would be interesting to compare luxury condominium prices around the world to other types of space for sale. How much space in a luxury condominium would you get for £100,000? These prices are based on Knight Frank’s annual wealth report 2007 and may have changed slightly since then. These are the top ten contenders.

1. London

London currently tops the list. £100,000 buys you 43.5 square feet. Coincidentally, this is exactly the same footprint as the Ford Escape, an American SUV. So you can rest assured you will be able to park the car at this price.

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Singapore Leads Asian Property Boom

by Overseas Property Mall on Monday, December 17th, 2007 in Condominiums, Singapore Property

While global investors worry about the United States subprime crisis, the mounting capital outflow from the US to Asia is pumping up certain Asian property markets. One in particular, Singapore, has seen rents for private residential units rise by 31.2% from the middle of 2006 to 2007, and rental rates for prime office space occupied largely by foreign companies has risen 13.9% in the second quarter of 2007, reaching an average of S$10.33 (US$6.84) per square foot.

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Trump in Trouble Again

by Overseas Property Mall on Monday, December 3rd, 2007 in Condominiums

condo_towers_tokyo_roppongi.jpgWe seem to have been spending more and more time recently looking at the various condo markets around the world. This was an organic occurrence, mainly because the luxury condominium market seems to be providing much of the fuel for property growth in some countries. London’s condo market for instance is shoring up almost the entire U.K.’s market with new developments such as One Hyde Park, looking to generate more profit than the entire West Midlands. This applies to the US market also, with record breaking prices for condos in New York despite the current housing crash, with prices on all but luxury properties falling at an alarming rate and record foreclosures.

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Most Expensive Apartment in Hong Kong Sells

by Overseas Property Mall on Monday, November 26th, 2007 in Condominiums, Hong Kong Property

A luxury flat in Hong Kong has set a new record as the most expensive apartment in Asia. The price was a whopping US$36.3 million. The penthouse in Hong Kong’s upscale Mid-Levels district sold earlier this month for a record US$5,142 per square foot, the South China Morning Post reported on Saturday.

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Record Breaking Condominium Prices from Around the World

by Overseas Property Mall on Wednesday, November 7th, 2007 in Billionaire Homes, Condominiums, International Real Estate Trends, New York Property

Record prices are still being achieved in the luxury condominium market all round the world. This is a selection in no particular order. Some have yet to be build and have sold purely on spec.

The Marq, Singapore.

The price of a condo in Singapore crossed the $5,000 per square foot this year when a single unit sold for $31 million. The first phase of the “invitation only” release all sold within a few weeks of release. Condos in The Marq cover an entire floor and include a 15 meter lap pool with every unit. No release date has been set yet for the next phase of the development. The bulk of the purchasers are said to be foreign.

The Time Warner Center, NYC.

In 2003, the Time Warner building in Manhattan broke all existing US records, selling a single condominium for $45 million – unfinished. Time Warner Center is one of the largest, most expensive multi-use developments constructed in New York City. This building houses the world headquarters of a major corporation; 211,00 square feet of additional office space; three jazz performance halls; almost 200 luxury condominiums; a high-end retail mall “The Palladium”; and a 251-room, five star Mandarin Oriental Hotel. Although rumors of an agreed sale of the Pierre’s penthouse at over $50 million may soon dwarf this.

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