Over 700 Hong Kong homes valued at HK$10million (US$1.2million) were sold in the month of May, the most for a single month so far in 2015, while the price of luxury residences in the city rose 1.4% [OPP.Today] The chorus of concerned parties calling for data collection of real estate investment by foreigners in Vancouver is growing louder. (Previously: Vancouver’s International Appeal) [CTV News] Famed Portuguese architect Álvaro Siza has been commissioned to build his first project in the United States—a 35-story luxury residential tower on the corner of 11th Avenue and 56th Street in New York City. [Dezeen] India-based real estate developer Tata Housing reports that it has sold 30 luxury units for Rs 80 crore (US$12.64 million) online via its e-commerce portal. [The Economic Times] Columnist and professional money manager Barry Ritholtz digs into the numbers to diagnose the health of the U.S. residential real estate market. [BloombergView] CNN profiles the increasing development of the English countryside and the princely sum that protected green lands will fetch at market. [CNN] A nine-bedroom, seven-bathroom Nantucket estate with views of Polpis harbor and a range of high-end amenities (including three outdoor showers) has listed for $16 million. [Curbed Cape Cod] Qatari developer Amwaj Suites and Residences has announced plans to construct a 29-story luxury residential tower that will contain a water park with “several swimming pools, an artificial wave pool and water rides.” [Deccan Herald] In a bid to entice non-resident Indians to purchase property back home, real estate portal 99acres.com and partner Amura Marketing Technologies have announced a digital flash sale with “35 major developers offering properties ranging from Rs1.5 million (US$23,618) to Rs200 million (US$3,149,110) in cities such as Mumbai, Delhi/National Capital Region (NCR), Bangalore, Pune, and Chennai.” [Emirates 24/7] A home built by two brothers for their parents has set a record for the Sydney suburb when it sold for A$3.05 million (US$ 2,366,708). [Perth Now]
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