Prime Season for Real Estate Launches

A glimpse into the hottest new developments around the world

Luxury real estate markets around the world are entering a prime season for launching new development sales.

In London, the market has stabilized after some rough years, and with that comes a wide selection of new homes being listed in new complexes, offering buyers a chance to live in a large green space in the middle of one of the world’s most bustling cities.

And even though New York City’s luxury market has been in a cooling period, that’s hardly apparent by looking at that sheer number of developments launching sales in Manhattan and Brooklyn in the next few months.

In Dubai, where infrastructure and developments are ramping up in anticipation of Expo 2020, waterfront homes are king.

Meanwhile, in Australia, particularly in Sydney, this season’s new developments are marked by luxe interiors and world-class amenities.

Let Mansion Global guide you through what new developments are in store in each of these top markets, as well as in San Francisco, Miami and Los Angeles.

Amenities abound in these soon-to-open residences

While 2018 has begun on a higher note, Manhattan had the lowest sales volume in six years in the fourth quarter of 2017, as buyers and sellers waited to see what the results of the new U.S. tax bill would be, according to a report from Douglas Elliman.

The average sale price dipped below $2 million for the first time in seven quarters, as a large inventory of new developments continued to be sold off.

The average sales price for Manhattan luxury was $7,580,185, down 6.3% from the last quarter and down over 20% year on year...Read More

The latest crop of apartments in the British capital combine old world charm and modern amenities

London pricing is more stable than in recent years, according to a report by global real estate consultants Knight Frank. Average prices dipped 1% in the year to February. Although it is a small dip, it provides further evidence that sales are stabilizing: By contrast, prices fell 7.9% between August 2015 and February 2017.

Some neighborhoods’ prices are up, including the centrally located Marylebone, which saw its prices jump 3.5% this year, in part because of the area’s new projects.

Fitting in with the season, many of this spring’s new developments provide owners with chances to get outside—they are set alongside parks and have tennis courts...Read More

A roundup of what’s coming to the market

The Los Angeles real estate market is relatively strong and stable, but unlike New York City, the West Coast city is suffering from an ongoing lack of inventory.

“We have not seen enough new construction or an increase in housing stock of any kind,” said UCLA Ziman Center for Real Estate Professor Paul Habibi.

He hopes that activity will pick up in the spring selling season, but “regardless of seasonality, inventory has been very low...Read More

From Miami Beach to Fort Lauderdale to Palm Beach, these high-end apartments are new as can be

After a rocky 2017 that was filled with uncertainty, the Miami real estate market seems poised for a stronger 2018.

“The market is definitely rebounding,” said Daniel de la Vega, president of One Sotheby’s International Realty. “Consumer confidence is extremely high and the stock market continues to rally. Hedge funds have recovered after a couple of bad years.”

Two very high-end Sotheby’s offerings—the 62-story One Thousand Museum by Zaha Hadid Architects and the 54-story Turnberry Ocean Club in Sunny Isles Beach—have performed particularly well, he said...Read More

Contemporary design continues to be a trend in the new developments

With the investment into infrastructure in the lead up to Expo 2020, more communities are emerging in Dubai, transforming the city’s skyline.
This year, waterfront neighborhoods and developments are steadily gaining popularity due to their exclusive locations, unique views and better value for the money. From long-established waterfront developments like Palm Jumeirah to new rising stars like Dubai Harbour, developers are competing for the best waterfront views in the emirate and are offering the city’s residents and visitors a new kind of luxury lifestyle...Read More

The city, which is seeing a booming high-end real estate market, gets some shiny new homes for eager buyers

San Francisco’s luxury condo market, which posted a record number of sales in the spring quarter of 2017, could be primed for a repeat performance.
Luxury condos, which comprise 51% of the city’s housing market and start at $2 million, are concentrated in the southeast quadrant—south of Market Street in South Beach (SoMa) to the Mission District. The newest crop is there, too...Read More

Premium projects are offering luxurious designs coupled with first-class amenities

Buying into an exclusive location in one of Australia’s most desirable cities is becoming increasingly difficult to pull off, let alone afford, for those seeking even the most premium of properties.

But whether your heart desires the beachfront, parkside or the buzz of the city, there’s a handful of exclusively located apartment towers being launched during the Southern Hemisphere’s autumn/winter that will provide buyers with the access to their long coveted dream location.

Such locations—in Sydney, Melbourne and on the Gold Coast—demand equally impressive designs, luxurious interiors and world class resident-only amenities...Read More