Rocky Mountain peaks and valleys. Jonathan Miller takes a historical look at the peak property prices of Aspen, Colorado, after last week’s Douglas Elliman report that the median home price in the exclusive ski town hit a record-high of $5.75 million. [Curbed] Foreign buyers adore Singapore. A new report finds that Singapore properties "costing above S$5 million accounted for 19 per cent of private homes bought by foreigners in April, up from a 6 per cent share in the first quarter of this year." [Business Times] A prime property primer for potential India buyers. The Economic Times offers a “how to” guide for investors interested in luxury property in Indian cities. [The Economic Times] Film producer/residential developer Niles Niami has begun construction on a 100,000-square-foot property in Los Angeles' Bel Air neighborhood, which, when completed, will be the largest home in U.S. history. The ambitious abode will include “a 5,000-square-foot master bedroom, a 30-car garage” and, of course, a casino. And it could all be yours for $500 million. [Bloomberg] It’s called “making a splash.” As formerly exclusive outdoor amenities become more commonplace, Las Vegas developers are incorporating dramatic new features, “from water slides to infinity edges,” to differentiate the pools of prime properties. [Las Vegas Review Journal] The final days of the Pink Palace? An iconic St. Lucia property known as the Pink Palace has been sold to the Sunland Group for $11.125 million Australian dollars (US$8.6 million) “who plan to turn it into a A$45 million (US$34 million) boutique luxury housing development.” The home, reportedly, hosted such stars as “Elton John, Cher, Bruce Springsteen and Billy Joel under a former owner.” [news.com.au] Also, it’s a terrific commute. The Real Deal takes a look at the growing trend of developers and brokers living in the luxury projects they are selling, as it provides “an air of authenticity and gives them inside knowledge for future projects.” [The Real Deal] We told you median home prices are approaching record highs in Orange County. Are luxury high-rises the next trend for this part of Southern California? [The Orange County Register] Have an update for Mansion Global? Write to us at info@mansionglobal.com
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