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 ]
