The Brief: New Appetite For Luxury Homes
Luxury housing sees an unprecedented boom as rising disposable income fuels aspirations and Gen-Z goes on home-buying spree.
Luxury housing sees an unprecedented boom as rising disposable income fuels aspirations and Gen-Z goes on home-buying spree.
Sales of luxury units during the first six months of the current calendar year stood at 6,900 compared to 3,000 units during the same period last year, according to CBRE
Covid-19 has given rise to a convergence between “luxury real estate” and “quality of life,” where the two are now seen as being synonymous. People now want houses with more facilities.
Four Seasons Private Residences has sold out eight floors in the last three months.