Global Luxury Residential Property The 2008 Knight Frank Prime International Residential Index has reported that luxury residential property in Monaco is the most expensive in the world followed by London and then Manhattan. It also shows that the GFC (Global Financial Crisis) is having an effect on the wealthy with luxury residential property in Sydney falling 11.9% by the end of the 2008. Luxury residential property in emerging markets however is telling a different story. At Newealth we are always looking to innovate and improve our ongoing advice and services wherever possible and if you have any ideas or comments, please feel free to email me at invest@newealth.com.au or to call me on +61 2 9267 2322.
3rd-April-2009 |