He highlighted a variety of the greatest business offers this year, together with the sale of the fully-leased Versol Apartments for nearly $70.four million, or $239,000 a unit, a couple of months ago. As for the workplace market, it too has seen will increase in occupancies and rents, Justin Thibaut shared. In the second quarter, industrial gross sales rose from $150 million last 12 months to $560 million this yr.

Hong Kong – one of many most-expensive real estate markets in the world – has constantly set report land sale costs lately. Housing provide continues to tumble, leaving a limited number of options for individuals who need to dip their toes in the true estate market. With inventories as low as they are, it turns into extremely competitive for the vast buyer pool. However, whether it’s frustration over the extreme bidding wars or the sticker shock for a starter house, …