Mansion Global Daily: Luxury property sales increase in India

Joe Jonas and Sophie Turner’s Not a New York Condo in the Middle of Split

After announcing their divorce, Joe Jonas and Sophie Turner listed their apartment in New York City for $6 million. Located in Manhattan’s Nolita neighborhood, the 2,900-square-foot home has three bedrooms and is one of 11 units in the luxury boutique building. The apartment features an open concept, floor-to-ceiling windows, wide-plank oak flooring, and a kitchen with a large marble island. Jonas and Turner bought the home in 2018 for $5.6 million and tried to sell it in 2020, lowering the initial $6.5 million asking twice before removing the listing in 2021. Realtor.com

The former Manchester United star is targeting Hong Kong buyers for branded residences in Manchester

Former footballer and Manchester United star Gary Neville is developing his first branded residence in Manchester, England, and is seeking buyers from Hong Kong. The W Residences, which will also include a five-star hotel, will be a 41-storey tower with 213 apartments and is scheduled to open in the first quarter of 2027. The W Residences will be managed by Relentless Developments, in which Neville is involved. He founded it, and Salboy, a Manchester-based development company. The apartments, which will be some of the most expensive in the northwest English city, are being marketed to Hong Kong citizens who qualify for fast-track residency in the UK under UK National Entry (Overseas) visas. South China Morning Newspaper

The home of the Sydney Suburbs Cup sets a city sales record once again

A 1918 federal mansion in the Sydney suburb of Centennial Park has once again sold for a higher price than the suburb, this time for A$26.5 million (US$17 million). Previous sales of the senior residence have also set records – first in 2015, when it sold for A$12 million, and then in 2018, when art specialist and philanthropist Gene Sherman bought it for A$16.5 million. The 2,200-square-metre mansion had six bedrooms when Sherman and her late husband bought it, but they remodeled it into a two-bedroom home with countless sitting rooms. Despite rising interest rates, Sydney’s luxury home market has remained resilient, with more than 40 properties selling for $20 million or more this year. specialization

Luxury home sales are rising significantly in India’s top seven cities

The luxury home market in India’s seven largest cities has been strong this year, with nearly 9,200 units sold during the January-September period, compared to 4,700 units during the same time frame last year – an increase of 97%. Delhi NCR, Mumbai and Hyderabad are the three largest markets in the country, accounting for around 90% of total luxury home sales. Additionally, luxury product sales rose 19% year over year during the third quarter. “We expect the overall housing market to be further strengthened by the ongoing festive season in the coming months of 2023,” said Anshuman Magazine, Chairman and CEO (India, Southeast Asia, Middle East and Africa) of CBRE. India’s wealth

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