Auckland Property

Los Angeles due to overtake Hong Kong as Worlds Top Spot for Luxury House Pricing.

Los Angeles Wins Worlds Top Spot for Luxury House Pricing and is home to the world’s most expensive residential property.  A mansion called “The One” located in the exclusive Bel Air neighborhood, which is due to go on the market in mid-2018 for US$500 million (HK$3.92 billion) 

Luxury US$500M mega house in Los Angeles

LA’s Average Luxury Home Price not Far Behind Hong Kong.

The average price of a luxury home in LA at the end of 2017 was US$2.5 million, not far behind Hong Kong’s average of US$2.8 million, according to a recent report by Christie’s

Los Angeles luxury property prices last year fell well short of Hong Kong’s premium properties, especially in The Peak neighborhood.

The most expensive property sold in Los Angeles sold for US$88 million in 2017. Hong Kong boasted the world’s first and second most expensive home sales of 2017.
This is due to mainlanders seeking to hedge against yuan depreciation by buying “trophy homes” in limited supply.

Hong Kong still breaking record prices

Hong Kong has been named as the world “most luxurious” prime housing market for the second year running.

Pollocks Path Estate on The Peak was sold for a record-breaking HK$2.8 billion (US$360 million) to technology manufacturing tycoon Yeung Kin-man in January 2017 while two units in the Mount Nicholson development sold for HK$1.6 billion (US$149 million) in November.

More recently, another house on The Peak changed hands for HK$1.39 billion (US$177.3 million) in March – making it Asia’s second most expensive property on a square foot basis

Redevelopment Site in Sai Ying Poon Fetch Record Breaking Prices

The Urban Renewal Authority (URA) has made an offer to buy 101 Units in a Sing Ying Poon Block of Apartments between Sung Hing Lane and Kwai Hing Street.

The prices offered comes to HK$ 23,568 per sq ft which means a vendor of a  500 sq ft flat will receive HK$ 12 Million which will be the highest price offered.

Researchers predict that once redeveloped properties will be valued at more than HK$ 30,000 per sq ft.  This announcement was made after home prices in the worlds least affordable city continue to rise despite the government imposing multiple cooling measures with little to no effect.

Redevelopment Site In Sai Ying Poon

Source: Google

Redevelopment Site In Sai Ying Poon Maps

Source: Google

 

 

 

[FOR SALE] ST TROPEZ DREAM HOUSE MINUTES FROM FAMOUS CLUB 55 AND BEACH.

 

Modern Contemporary St Tropez Villa 500m from World Famous Club 55 and Pampelonne Beach

Pampelonne Beach is 7 Kms and 15 Minutes by car from ST TROPEZ

Stunning Pool with Manicured Grounds with Open View Towards the Sea and Beach

Modern Kitchen Opening Up to Terrace

Guest Bedroom with View towards to the Pool and Ocean

Bedroom Suite steps from the Pool with own Ensuite Bathroom

Open Views Towards the Pool and Ocean from Master Bathroom

1700 m2 or 18,000 sq ft Perfectly Landscaped Gardens surrounding the property for complete privacy

Indoor opens to Outdoor Terrace and Pool with Multiple Dining and Entertainment Options.

Please contact me for more information on this stunning opportunity

Exceptional home on the Peak

Exceptional home on the Peak featuring 3 spacious bedrooms and 3 newly renovated Bathrooms.  Large Kitchen with ample counter space, centralized air conditioning and two huge terraces, make this rarely available flat not to be missed. Please contact us for viewings.    Age: 1987 Size(n): 2309 sq ft net  3 Bed, 3 Bath, 1 Maid, 1 Car Park  Contact: Anthony  9105 1406  Email anthony@qi-homes.com LEARN MORE

Watch Video Walk through  of this exciting apartment

balcony off master bedroom 2

living room 2

master bedroom

kitchen 2

mastrer bathroom

galesend_flat_a_floor-plan

Our Introduction to Buying and Selling Property in New York

Qi-Homes has teamed with Jennie Ma, licensed associate Real Estate Broker with “Corcoran group re36e68c_9169b5a5b0f54820842b15cd8b3d24aeal estate” in New York City.  Jennie, originally from Hong Kong has over 15 years real estate experience in New York and brings you a wealth of knowledge on how to invest in Manhattan real estate market.

LEARN MORE about closing cost for New York City Condos

A comprehensive BUYERS GUIDE to for overseas investors buying in New York

Contact us for introduction to Jennie in New York HERE

An Overview New York City Properties

Upper east side

Upper East Side

“The City That Never Sleeps” is a nickname that originated in New York City from Frank Sinatra’s famous song in 1977. This name is appropriate for a lot of reasons, mostly because New York is one of the most dynamic cities, always a world-renowned destination, always bustling with activity.

Upper West Side

Upper West Side

New York City has a population of approximately 8.6 million (estimated in 2013), Manhattan island with about 1.6m. Buying a property in Manhattan can be quite complex, especially for foreigners. For example, two apartments can be very similar in size, layout and amenities, but the buying processes can be in stark contrast to each other depending on if the property is a co-op or a condominium.

Mid Town

Mid Town

From one neighborhood to the next can make for a very different experience as well – from the Upper East Side, Upper West Side, Midtown East, Midtown West, and Downtown (Chelsea, Gramercy Park, Village, SoHo, Tribeca, Battery Park City, and Financial District).

Soho

Soho

Purchasing a new development also has its variation in price per square foot and closing costs.

Gramercy

Gramercy

Allow us to present a realistic map of what makes New York City the spectacular place it is so well-known to be.

Manhattan Outlook:

  • Manhattan is home to the world’s trading hub, The New York Stock Exchange on Wall Street.
  • Manhattan is the fashion capital of the United States where world famous people in the industry pass through frequently for business and entertaining.
  • Some of the nation’s best schools are located in New York City or just a short drive away including Columbia University, FIT, Fordham University, NYU, Parsons, Princeton and Cornell. The presence of these top-notch education facilities helps to explain why Manhattan is a popular choice when selecting a location to have
  • Art & culture abound with countless museums and original stage shows year round
  • To add to its dynamism, Manhattan has some of the most interesting and eclectic restaurant options in the world. There is truly no need to cook at home, catering to the conveniences of a busy-life of a New Yorker.

Living Space

Properties Outlook:

  • 70% of current residential options in Manhattan consist of rental buildings, of the remaining 30%, 75% are Coops and 25% are Condominiums (estimated in late 2000). Hence condominiums tend to be a bit pricier than co-ops, in addition to some further distinctions, outlined below.
  • Co-ops
    • A phenomenon that’s limited almost entirely to Manhattan; they are the traditional form of owning an upscale apartment for close to 100 years.
  • Coops are owned by an apartment corporation, when purchasing within a co-op building, you are purchasing shares of the corporation that entitle you as a shareholder, to a “proprietary lease”.
  • All prospective purchasers must interview with the board of directors who are shareholders in the building to which a board approval will be communicated to the purchaser if the co-op accepts their application or not.
  • Prior to the interview, prospective purchasers prepare a detailed “Board Package” which usually contains personal and professional letters of recommendation as well as a great deal of personal information concerning income and assets.
  • Subleasing a co-op can be difficult. Each co-op has its own rules and they should be carefully reviewed prior to submitting an application to rent.
  • A “Board Package” is required to be submitted by a prospective sublet tenant and an ”interview” in front of a board of directors will also be required to determine if they qualify for the application.
    • Condominiums
  • As opposed to a co-op, a condominium apartment is “real” property. A buyer receives a deed just as though he or she were buying a house. Each individual apartment in a condominium receives its own tax bill.
  • The straightforward nature of buying a condo coupled with the fact that in some cases, you can get a higher financing of the purchase price and rent it out at will, makes condominiums the number one choice for flexibility.
  • “Resale” – buyers will prepare a “Board Package” which usually contains personal and professional letters of recommendation as well as personal information concerning income and assets as a protocol so a building buyers enter into will be informed of the new owner’s basic information. No interview is required.
  • “New Development” – buyers to not have a go through a Board Package process, as long as proof of funds are ready to be provided upon request while making an appointment. Buyers will need to pay two different New York transfer taxes (please see closing costs estimate sheet), whereas buying a resale property, the seller pays these transfer taxes.
  • Condop
  • A Condop is a term given to a co-op that has rules and by-laws similar to that of a condominium which comprise of a small percentage of owned residential buildings. In most buildings, the freedom to sublet, put a lower down payment at closing, and easy board approval are characteristics of a condo that have been adopted by a co-op.
  • Closing costs will be similar to that of a co-op (significantly lower than condo’s if financing) and you will be buying shares in a corporation rather than real property.

Kitchen 2

Over the last two years, Manhattan condominium property prices have increased 20% and today, Manhattan’s average and median price per square foot is still competitive to Hong Kong and London. Buildings offering views of Central Park tend to have the highest price per square foot. Downtown Tribeca in 2014 hit its highest price per square foot in the history of downtown with an ultra luxury new development. With limited land to build, Manhattan has been experiencing many more upcoming new conversion developments that are mostly pre-war office buildings.

Contact us for introduction to Jennie in New York HERE

Bedroom

 

[FOR SALE] PHUKET VILLA | Kata Hill | Thailand

This recently completed villa with stunning sea views is nestled high on Kata hill and less than 1.5km from the beach.

Land info

  • Chanote (Nor. Sor. 4 Jor) Land deed title
  • Ocean View, Hillside property in the ‘Tsunami Safety Area’
  • ⅓ RAI (1 Ngan & 31.6 Wah)
  • 526.4 Sq/M
  • Asking USD $888,888.00

DSC02660

The exterior is a fusion of modern design aspects with traditional Thai style design opening up to a breathtaking interior.  The property was just recently completed by an American contractor to be his own private luxury winter home.  By importing ultra-high end materials and furnishings from four different continents, this villa is right at home in the dreams of even the most discerning buyers the world over.DSC00405

Once you step foot inside, you will quickly see that nothing about this build was rushed, no detail was overlooked, no shortcut taken, and certainly no expense was spared while creating this one-of-a-kind masterpiece.  With a meticulous eye for detail and by personally doing the work himself while leading a very small handpicked team of subcontractors, the owner has created a villa that showcases a level of quality, materials and workmanship that most people only dream about!livingroom3

The property includes a semi-detached large ‘studio’ apartment which is fully furnished and located under the house at street level, providing instant income potential or additional guest suite with complete sound and privacy separation.livingroom4

The house is fully furnished and move in ready, just bring your clothes – You literally won’t need anything else!  Everything you could want is included with this exceptionally furnished, turn-key property.livingroom2

Custom Italian Kitchen

    • Solid wood cabinets with Teak base
    • Macassar Ebony wood doors (Imported from Indonesia)
    • Caesarstone Quartz stone countertops & baseboards
      • Organic White (4600)
      • Piatra Grey (5300)
    • Porcelanosa “Wave” Tile imported from Spain
    • (3) Blanco Anthracite SILGRANIT sinks (Imported from Germany)
    • Blanco BLANCOCULIN Semi Professional faucet
    • FRANKE inside cabinet exterior exhausting hood fan & light
    • Marble floor (See Flooring section below)
    • BLUM Premium Blumotion soft-close hinges and drawer slides
    • BLUM Servo-Drive upper cabinet door and Trash bin door openers for hands-free open/close
    • 8mm Tempered Glass cabinet shelves with Blum locking mounts
    • (2) Häfele Pull-out Pantry slide systems
    • Custom fabricated, tempered glass wine cabinet (36 bottle) with stainless steel hardware and imported aluminum bottle ‘pegs’
    • Samsung side by side refrigerator (White & Silver glass door-in-door model 591)
    • Samsung dual zone wine refrigerator
    • Gorenje Ora-Ïto Oven, Microwave and HOB.
    • FRANKE built-in full size dishwasher (3 rack with heater & water softener)
    • Häfele LOOX LED inside and under cabinet LED lighting systems with sensors
    • Häfele pull-out drawer cabinet systems
    • Häfele solid stainless steel cabinet door pullskitchen8

 

 

Flooring

  • (15) Marble slabs cut to 1M square “tiles” for floor (Imported from Italy)
  • Imported Italian marble
    • (15) Slabs imported from Italy
    • Cut with computer controlled WaterJet in Singapore to 1M square ‘tiles’
  • Porcelanosa PAR-KER Wood effect tile imported from Spain
  • Sandstone exterior patios and stairs
  • Porcelanosa Porcelain tile with marble border inlay – 3 sizes laid in custom pattern (Master / Guest suites)KITCHENandDINING

Network & Entertainment

  • Ubiquiti Enterprise Grade network with wireless-N WiFi and 10/100 Cat5e networks provide both wired and wireless access throughout the entire property.
  • 3BB 30MB Fiber Optic internet connection (dedicated)
  • Media Server
    • Over 500 High-Def Movies (U.S. – English)
    • Over 100 Television shows with 4000+ episodes (U.S. English)
    • Live Streaming of countless internet “channels”, Skype, YouTube, etc
  • Media viewable on the (3) HD LED televisions (55”, 46” & 42”) or any network device.
  • Desktop & Media computer includes:
    • (2) 24” LED monitors
    • (4) Hard Drives with 7TB storage capacity
    • 24GB RAM Memory
    • CD/DVD Writer
  • Denon 5.1 Surround sound system (in ceiling)
  • VocoPro Karaoke machine integrated into TV & Surround system
  • Nintendo WII with dual controllers, 2 fitness pads & 22 gameguestsuite2

Drinking (Bottled) water system

  • Dedicated bottle refrigerator
  • Independent electric pump (Marine & RV design)
  • Pressure tank for always available pressure while limiting pump cycles
  • Polyethylene tubing plumbing system
  • Convenient stainless steel tap locations including kitchen and bathroom sinks, wet bar, cooktop and food preparation areas.
  • (10) exchangeable 18.9L SPA brand drinking water bottlemainfloorbathroom

Windows & Doors

  • Dual Folding aluminum door systems allow the main floor to open to the outside, creating a large unobstructed indoor/outdoor space with stunning sea views.
  • Conch uPVC windows and door systems fabricated and Installed by UK Company (10 year 100% guarantee)
  • All windows and doors have dual seal (inside and outside) systems for air-tight sealmastersuite1

Furnishings and Window Treatments

  • Kelvin Geormani Italian made leather sofa
  • Hobbled Roman Blinds & Curtains
    • Ultra-High Quality Modern fabrics
    • Stainless steel hardware, rods & brackets
    • All rooms are fully furnished using high or ultra-high quality furnishings
    • 3 “King” size beds

Security

  • YALE Digital front Door lock with keypad and biometric scanner (Imported from USA)
  • Magnetic door lock with keypad securing storage and workshop areas with quick access
  • CCTV system featuring:
    • (16) Infrared (Night Vision) cameras
    • Internet enabled DVR for real time and recorded video viewing worldwide
    • Over 30 Days of video storage
    • Honeywell VISTA Ultra-HIgh quality exterior cameras imported from Taiwan
    • iPad monitors in the livingroom and master bedroom for real-time viewing
  • Honeywell Motion detection with audible notification when someone approaches the housemasterbath1

Carrier Air Conditioners

  • All 6 units new in early 2016
  • High efficiency units with concealed inside the ceiling blower units
  • Condensate drain monitors with auto-shutoff and warning system to avoid water leakage
  • 5 year warranty on the compressors

Swimming Pool systems

    • Hayward AQUARITE Salt chlorinator system (Imported from USA)
    • Emaux Water Technology Pump & Filter (Imported from Australia)

8

Gas Grill (Rear Patio Area)

  • 100% Stainless steel 4 burner with additional side burner (imported from Australia)

Workshop / Storage

  • 12 sq/meter Air Conditioned storage / workshop room  under the house
  • Large (additional) area under the house with concrete pad for workshop area or storage

masterpatio2

LED Lighting

  • 100% of the lighting both inside and outside are Phillips LED (combined 3.6w & 5.5w)
  • Modern Electronic LED transformers (High Efficiency)
  • Full color LED strip lighting in waterfall, pool, and patio areas with single control panel
  • Recessed LED (white) strip lighting behind living room crown moulding

 

Walk-In Closet (Master Suite)

  • Solid Oak built-in cabinets, drawers and hanging clothes rack with Blum hardware built by a master carpenter – not a low quality store bought ‘kit’
  • Custom fabricated stainless steel and glass shoe shelf rack with LED lighting
  • Motion detection turns on / off the in the cabinet and glass shelf lighting automatically

 

Home Automation

  • Enabling programmable control and monitoring of vital systems both on site or from any internet enabled device worldwide
  • The newest technologies currently found mostly in the U.S. and Europe have been imported and integrated into the home to monitor and/or control various home systems including:
    • Climate control
    • Lighting
    • Swimming pool systems
    • Lawn and Tree irrigation
    • Drinking, non-Potable, and pool water tanks

 

Laundry Room

  • LG Turbodrum washing machine
  • Top of the line LG Sensor Dry 10.5 kg clothes dryer
  • Temperature sensing exhaust fanbedroomview
  • Please contact Anthony +852 9105 1406 or anthony@qi-homes.com for more details