July 17th, 2008 by BallerHouse
Despite a flood of new residential development in Dubai, Middle East business business resource AME Info is reporting that real estate prices continue to rise. To give you an idea of how much you’d have to drop to pick up a luxury property in the over-the-top desert oasis in today’s market, we’ve taken Better Homes’ sales index report for some of the priciest villas and flats, and we’ve converted the prices from UAE dirhams to U.S. dollars. Our simplified Dubai price index covers the three most expensive villa communities as well as the three priciest apartment developments tracked in the Better Homes Index according to average sales prices for recent transactions.
As you’ll see in the index above, the priciest pads recently purchased in Dubai are located in The Palm Jumeirah (pictured above the chart), where an apartment went for just over $13 million and a villa sold for close to $9.7 mil. On average, a high-end luxury villa in Dubai will run you more than $2.5 million, and a nice apartment will set you back a more reasonable $1+ million.
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January 4th, 2008 by BallerHouse
Sentosa Cove, a residential development on Sentosa Island in Singapore is marketed as “the world’s most desirable address.” There’s no doubt that Sentosa Cove is among the more exclusive developments in Southeast Asia, but is it really the world’s most exclusive address? We’ll let you decide.
Divided into two gated communities, covering 290 acres, Sentosa Cove has a members-only marina, berths for mega yachts, and a W Hotel in the works. On the island there are 2 championship golf courses, and there are plans to build a resort featuring a casino as well as a Universal Studios theme park.
Of the 2,500 homes planned for completion, some of the more exciting projects include: Read the rest of this entry »
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December 27th, 2007 by BallerHouse
Pictured: Nam Hai Villas, Hoi An
Real estate in Vietnam is on the brink of blowing up. Foreign investment dollars are starting to roll in, funding developments in major cities and resort towns. Demand for higher-end properties currently exceeds supply, which has caused prices to rise. But, real estate in Vietnam still remains a bargain, and it’s not too late to make your mark. Read the rest of this entry »
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December 26th, 2007 by BallerHouse
The U.S. might be a great place to live, but think about how many servants you could afford in the Third World.
Even if you wouldn’t consider a full time move abroad, a developing country could be the perfect place to purchase your next vacation home. Read the rest of this entry »
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