Mansion Global Daily: Newham’s Surge as a London Hotspot, and Oceanfront Estate in the Hamptons and More

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Property Prices in East London’s Newham Have Surged 429% in 20 Years

Average prices in the borough are now more than £320,000 higher than they were in 1999. Read More

BY THE NUMBERS 


TRENDING TODAY 


LISTING OF THE DAY 


Oceanfront Estate Captures That Quintessential East Hampton Vibe

Stretching across 6.7 acres of manicured grounds, this East Hampton property, built for the late Union Pacific Chairman James Evans, offers an open view of the Atlantic Ocean. Read More

INSIDERS 


True Luxury Looks Unique, Says London Interior Designer

Fiona Barratt-Campbell on bad design, the need for more sustainability in developments, and more. Read More

NEWS BITES 

Sydney, Australia, Suburb Expected to Gain Major Popularity in 2020 Merrylands, a western Sydney suburb, has been marked for major growth in 2020 due to its more affordable property prices that are ideal for first-time homebuyers, and the local council’s plans to invest in the suburb’s amenities, according to Starr Partners CEO Douglas Driscoll. Realestate.com.au

Wheelock Properties Leases Three Plots of Land to Ease Hong Kong Housing Crisis Hong Kong property developer Wheelock Properties promised 500,000 square feet of land for a token HK$1 (US$0.13) for each of the three plots to the charity Hong Kong Council of Social Service and Lok Sin Tong for eight years. The land can be used to provide transitional homes to those waiting for affordable public housing. Wheelock is the third Hong Kong developer to lease land to ease the city’s housing crisis. South China Morning Post

U.A.E. Firm Plans Push Into Dubai’s Luxury Short-Term Rental Market Gallery Suites, a subsidiary of U.A.E.’s IBC Group, has announced plans to provide a platform for luxury homeowners and property investors to enter into the short-term rental market in anticipation of the rise in demand due to Expo 2020. Gallery Suites will handle the licensing of properties to ensure they are classified properly with the Dubai Tourism and Commerce Marketing Department, said Khurram Shroff, executive chairman of Gallery Suites. Gulf News

Real Estate Surges in Sao Paulo, Brazil, Due to Low Interest Rates The skyline of Sao Paulo is changing as five skyscrapers are going up in the financial district. Construction began in 2019 on the 36,000 new residential units, making it the biggest year for growth since 2004, according to the city’s chapter of the Builders’ Association, Secovi. Average prices in the year through November increased by 2%, according to the FipeZap index. Business Times

AROUND NEWS CORP 

Experts in Melbourne’s East Give Their Advice on Selling in 2020 [realestate.com.au]

Dublin Sizes up Common Living Plan for Tiny Co-Living Units [Times of London]

Screenwriter Steven Zaillian Looking to Write a New Lease on His Home [realtor.com]

Casey Neistat, Ryan Serhant Launch Contest for Free NYC Rent for a Year [New York Post]

 

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