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Mansion Global Daily: Palm Beach's Growing Popularity, Swedish Home Prices Expected to Rise in the Coming Year, and More


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Mansion Global Daily: Palm Beach s Growing Popularity, Swedish Home Prices Expected to Rise in the Coming Year, and More
Mansion Global’s daily round-up of the latest luxury real estate news from around the world
By Mansion Global Staff
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Originally Published On May 10, 2021
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BY THE NUMBERS
THE INSIDERS
NEWS BITES
Mansion in Bellevue Hill, Sydney, Sells for Record A$26 Million
A three-level mansion that was built in 1990 in Bellevue Hill, a harborside suburb of Sydney, for real estate mogul Spencer Simmons has changed hands for close to A$26 million (US$20.44 million), a record price for the area. Mr. Simmons, founder of real estate agency Laing + Simmons, purchased two adjoining properties in the mid-1980s and combined them into a 19,375-square-foot mansion in 1990. The Simmons family sold it in 1992 for A$3.85 million, ....

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Wealth Effect Sends SPs Surging 66% y-o-y in January and February, and expected to jump to 74% y-o-y in Q1 - Media-OutReach - Vietnam News | Politics, Business, Economy, Society, Life, Sports


Update:
March, 11/2021 - 15:00
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Residential market remained most active with total transactions rising by 69% y-o-y for January and February combined, and expected to jump by 73% y-o-y in Q1
Investment into non-residential properties continues pickup commencing in Q4 2020, with retail and industrial properties remaining most favoured
HONG KONG SAR - Media OutReach - 11 March 2021 - Strengthened market sentiment helped boost Hong Kong real estate market growth in Q1, unleashing pent-up demand and transactions in both residential and investment markets. The wealth effect was amplified by the stabilizing COVID-19 situation locally and the eagerly awaited roll-out of a vaccination program, both considered prerequisites for sustained economic recovery. ....

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