Original Post
hkcharlie

23-1-2011 20:05
Armageddon of The World - But alternatives available

I feel deeply sorry for your guys who have bought one of the islands in The World, unfortunately your new place of abode is likely now to be one of the oceans!!

The end of The World: Dubai island development sinks back into sea after being scuppered by financial crisis

It exemplified the booming property market and ambition of Dubai’s entrepreneurs.

But after the global financial crisis led to the collapse of the emirate’s home-building market, a unique development known as ‘The World’ is reportedly facing Armageddon.


Read more: http://www.dailymail.co.uk/news/ ... .html#ixzz1Br8VOOiX


On the other hand if you prefer a property in central London there are still a few properties available at the the most hyped luxury flats in the world - One Hyde Park.

The "official" asking price is upwards of GBP6K per square foot. The cheapest home on offer is a humble one-bedroom flat, said to cost GBP6.75m. If that is not grand enough then there are still a few others available between GBP27m to GBP33m. If you are serious don't be affraid to ask for a discount, as 70% or more may be on offer. Obviously, if you take issue with the  annual service charge which could be upward of GBP50K a year, then its probably  best that you don't bother making enquiries.

http://www.mailonsunday.co.uk/ne ... ry-flats-world.html

For those who prefer somewhere closer to HK and a bit more tranquil, you may want to take a look at Kangbashi, Erenhot, Xinyang,etc  in China where a whole city could be yours。

The ghost towns of China -  cities meant to be home to millions lying deserted

Read more: http://www.dailymail.co.uk/news/ ... .html#ixzz1BrFJypK9

[ Last edited by  hkcharlie at 23-1-2011 20:08 ]

UsernameTimeCreditsReason
Thai-delight 24-1-2011 00:21 Karma +1 thx for sharing


All times are GMT+8, the time now is 24-11-2024 18:58

Powered by Discuz! 5.0.0 © 2001-2006 Comsenz Inc.
Processed in 0.017461 second(s), 7 queries , Gzip enabled

Clear Cookies - Contact Us - 141Love
Disclaimer: This forum is operated as a real-time bulletin board system. 141CLUB.COM carries no legal liability on its contents. All messages are solely composed and up-loaded by readers and their opinions do not represent our stand. Readers are reminded that the contents on this forum may not convey reliable information thus it is readers' own responsibility to judge the validity, completeness and truthfulness of the messages. For messages related to medical, legal or investment issues, readers should always seek advice from professionals. Due to the limitation of the forum's real-time up-loading nature, 141CLUB.com is not able to monitor all the messages posted. Should readers find any problems regarding the messages, do contact us. 141CLUB.COM reserves the rights to delete or preserve any messages and reject anyone from joining this forum. 141CLUB.COM reserves all the legal rights.