Market Watch

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A Unique Asset Class: Commercial Shophouses

A Unique Asset Class: Commercial Shophouses

The commercial shophouse market was not spared from the impact of the Covid-19 pandemic. In the eight months of 2020, only 74 shophouse deals have been registered, compared to 77 deals in the same period a year ago. In terms of the total investment value, the 74 deals in 2020 amounted to $373.18 mil, 33% lower than the $557.58 mil for the 77 deals in 2019. This shows that the deal size in 2020 were much smaller as investors and end-users turned to a cautious mode. Caveat data from 2015 to the current shows that 2018 has the best showing both in terms of sales volume and investment value,...

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An Up And Coming Neighbourhood Worth A Look

An Up And Coming Neighbourhood Worth A Look

Beach Road is one of the early roads developed in Singapore during the colonial days of the 1800s. The road was actually a coastal road fronting the sea coast but was pushed inland by land reclamation for the construction of houses, a police station, an army headquarters, bars and clubs. Over the years, the construction of Nicoll Highway, Suntec City and Marina Square pushed Beach Road further inland. Today, Beach Road is marked by Kampong Glam conservation area, two national monuments – Raffles Hotel and Hajjah Fatimah Mosque – the “Golden Mile” and newer office buildings which stretch f...

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The Global Resident | Relocation to Andorra, Portugal, and Spain

The Global Resident | Relocation to Andorra, Portugal, and Spain

As restrictions begin to lift all around the world, people are looking closely for investment opportunities. Placing their quality of life at the forefront of their decision making, some of these investments will inevitably mean relocation to a new home – and potentially even a new country. In this three-part series we’ll explore destinations around the world with benefits like residency and citizenship by investment programs, tax incentives, and more, as well as hear from local experts throughout the Sotheby’s International Realty® brand network along the way. Andorra Known...

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Water Works | Baths with Distinctive Design

Water Works | Baths with Distinctive Design

Few spaces in the modern home take higher design priority than the bath. These distinctive spaces feature details that range from rugged stonework to striking tile patterns and lovely mosaics, doubling up as works of art. Unique Elegance in Manhattan New York, New York |  Debbie Korb ,  Sotheby’s International Realty – Downtown Manhattan Brokerage Classical style meets modern convenience in this impressively renovated five-bedroom townhouse, where peerless finishes bring an uncommon refinement to public and private spaces that are generously proportioned and...

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Homes Near Notable Hikes

Homes Near Notable Hikes

For the avid hiker, there are some trails that must be experienced firsthand. While travel may not be possible at the moment, experiencing the outdoors on a more local scale has never been more appealing. From leisurely, grassy paths to mountainous terrain to desert canyons, there are enchanting and challenging hikes to be found the world over. We’ve sourced homes that all have one thing in common: their proximity to some of the world’s most notable hikes. The Matterhorn, Switzerland The village of Zermatt in front of the Matterhorn, photo courtesy of Bernsten / Shutterstock Inc...

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The New Buyers In Town

The New Buyers In Town

There is a new group of property buyers and it definitely is worth understanding them. After all, the millennial generation, which refers to those born between 1981 and 1996, is a significant demographic shaping the property market today. Making up the bulk of the active workforce and driving the economy, they are the new homebuyers in town, with a set of habits and preferences different from their parents – the baby boomer generation. From fingertip to doorstep. Convenience is paramount for millennials, who are usually digital natives immersed in social media and e-commerce. They ar...

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Home To Some Of The Most Famous Art And Architecture

Home To Some Of The Most Famous Art And Architecture

Italy has been attracting people from all over the world since decades, that were both fascinated by its beautiful landscapes and its ancient history. From the north to the south, including the big and tiny islands, Italy has many different destinations to offer, each of them considered unique of its kind. This, among others, is one of the main reason why international clients and investors have always been interested in purchasing in Italy. First of all, both visitors and resident are attracted by the various seaside locations, such as Sardinia and Costa Smeralda, with their crystal clea...

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The Home Buying Process: A Basic Overview

The Home Buying Process: A Basic Overview

While every financially significant investment poses risks, the Canadian real estate market offers more opportunities than ever before. Whether you are an experienced real estate investor with a sophisticated and diverse portfolio, or a first-time homebuyer contemplating the purchase of your first home, it is important to educate yourself on the latest economic and real estate market trends, the basics of the home buying process and to understand the unique local market trends impacting your neighbourhoods of interest. It is also essential that you select a skilled an experienced real estate a...

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Home Away From Home: Building Your Dream Holiday Nest Overseas

Home Away From Home: Building Your Dream Holiday Nest Overseas

If there is a silver lining to the ongoing Covid-19 pandemic, it is that many windows of opportunity have opened up for real estate investors around the world. The attractive property prices and lower interest rates globally mark a good entry point for those who wish to enter the market and ride on the post-crisis growth. In fact, investors have already been out and about house-hunting in the luxury residential market. Having a second property overseas in the right location can provide a good source of recurring and passive income. The additional costs associated with the purchase of...

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Dive In: 5 Homes with Stylish Swimming Pools

Dive In: 5 Homes with Stylish Swimming Pools

During the long, sunny days of summer, few things are more enticing than a refreshing dip. These dazzling swimming pools—in locales from Connecticut to California—allow for outdoor enjoyment in sophisticated settings. Majestic Texas Manor Houston, Texas |  Susan Boss  &    Stephen Warrell ,  Martha Turner Sotheby’s International Realty   On 3.7 acres in Houston’s desirable Rivercrest Estates, this magnificent manor exemplifies regal refinement. Spanning an impressive 21,032 square feet, the main residence offers a stately owner’s suite and a wealth of living and ente...

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