The Beijing government has halted sales of the most expensive luxury apartment complex in the Chinese capital and launched an investigation into the developer for possible “profiteering”. The high-end penthouse in Beijing’s Haidian district had an asking price of more than 300 million yuan (US$46.2 million), or 300,000 yuan (US$46,300). Beijing’s housing authorities on 3 […]

A penthouse flat in Monaco has been sold for €240M (US$304) in one of the most expensive residential property sales to date. La Belle Epoque, a property occupied by Christian and his brother Nick Candy, has been bought by an unnamed Middle Eastern investor. Each suite in the penthouse, the top two floors of a […]

A luxury penthouse in London has sold for a record-breaking £140 million ($220 million), as the market for “trophy homes” bucks the wider property slump. The two-floor apartment at the One Hyde Park development in Knightsbridge features bullet-proof windows, an air purifying system and a panic room. The new owners will have access to 24-hour […]

Hong Kong officials said Wednesday they will look into the controversial sale of a luxury flat that fell through months after its developer said it had snatched world-record price. Property giant Henderson Land Development revealed on Tuesday that sales of as many as 20 out of the 24 units at “39 Conduit Road” had been […]

A couple of weeks ago we wrote about penthouses located in Hong Kong and Dubai, breaking property records by selling for more than $30 million. But no worries, our wealthy readers who missed those opportunities, will be glad to see that a new record has been set with the listing of a two-story 4,400-square-foot luxury […]

A luxury flat in Hong Kong has sold for 225 million Hong Kong dollars (28.8 million US), the most expensive apartment per square foot ever sold in Asia ($41,000 HKD per square foot), a report in the Sing Tao Daily said. The 80th floor penthouse has a private swimming pool and spectacular view of Hong […]