Residential

There were 3,900 new units launched in Q1.

Flats between 10 and 20 years old recorded the highest price growth of 11.1%.

Mixing elements of Japanese functionality and simplicity, Tokyo Grand Renovation is becoming famous for making homes into office-ready spaces.

A $4,200 per square foot for a penthouse at Midtown Modern has brought life back into the luxury market.

Weakening housing affordability and falling net migration pose medium-term risks.

The transaction volume increased 28.8% MoM in March to 5,891.

Prices increased 3.3% in Q1 2021.

A total of 1,912 units were launched in New Delhi during the quarter.

The demand growth in the market remains sluggish, making it hard to revise the asking prices.

The firm helps buyers purchase cross-border and handles administration for clients.

The pace of growth will likely hinge on a rebound in office leasing. 

Over 42% of the 3,376 units sold during the quarter were from these properties.  

The previous boom happened in 2017 until mid-2018.

This is despite the 5.95% decrease in rents in 2020.

They are after units with more than 3,000 square feet in the resale market.

The city recorded 169 transactions over US$10m  in 2020, just behind London’s 201.