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MG AM: San Francisco’s Secret Market; Thailand’s Tallest Tower

News from luxury-home markets around the world

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Off-market deals now make up a quarter of San Francisco home sales, according to a Bay Area brokerage.

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Off-market deals now make up a quarter of San Francisco home sales, according to a Bay Area brokerage.
Getty Images

A Secret, Second Market for San Francisco’s High-End Homes: Off-market deals, or so-called “pocket listings,” now make up a quarter of all sales in San Francisco, according to real estate brokerage Vanguard Properties. Most of these homes are selling at the higher end of the market, where sellers are more concerned with who is entering their space. [SF Gate] MahaNakhon Now the Tallest Building in Thailand: The MahaNakhon building in central Bangkok is now the tallest building in Thailand. Pace Development Corporation topped off the 77-floor building on Thursday, bringing it to about 1,030 feet. The skyscraper is now taller than the Baiyoke Tower II, which is about 997-feet tall. Residential units are expected to be ready by the end of the year. [Bangkok Post] Eleanor Roosevelt’s Former New York Home Going on the Market for $18 Million: A Manhattan townhouse where Eleanor Roosevelt once lived will list for $18 million. The building where her former apartment was located is now a 5,200-square-foot single-family home. [The Wall Street Journal] Villa With Theater and Private Elevator Lists in Dubai: A villa in the Al Barari development in Nad Al Sheba in Dubailand is on the market for Dh11.9 million, or about $3.2 million. At 12,700-square-feet, the three-story home has seven bedrooms, four reception rooms, a theater, a private landscaped garden and an infinity pool. [The National]