PALACE 21 magazine focuses on emerging markets – Vietnam, Myanmar, Cambodia, Mongolia, Colombia, Montenegro, and Czech Republic. These “supposed” lesser-known locales do offer some interesting luxury homes to consider and invest in. US cities are also not ignored as our roving reporter presents stellar properties in key destinations such as New York, Boston, and Chicago. Also, find out why a much-needed sojourn to Germany will reap you some property gems in Frankfurt such as Germany’s tallest residential building – the 172-metre tall Grand Tower; and the striking The Verve smart-home apartments designed by starchitect Daniel Libeskind. London sits among the crème de la crème when it comes to luxury property investments and we present Westgate House, Stadia Three, and Cashmere Wharf.
In addition, in our Little Red Dot, Ong Teck Hui, National Director, Research & Consultancy at Jones Lang-Laselle Singapore mentions that “new completions in the prime districts reached a five-quarter high figure of 776 units in 1Q18.” In addition, “Collective sales continued to scale new heights in prime districts as there was a record 10 collective and en-bloc sites in the prime districts were sold in 1Q18, amounting to almost SGD 2.5 billion,” opines Ong.
Don’t snub our Asian brethren – Malaysia. The country’s key cities – Melaka, Kuala Lumpur, Johor and Penang – are showing promise with new property launches primed to woo new homeowners and investors. Malaysia’s post-election stability has offered renewed confidence in the local property market as cited by Savills Malaysia while MIDF Research also projects a modest pick-up in private investments. Read up on our cover story – Twin Palms. This suburban property haven in Kajang, Malaysia, offers all the modern amenities of a gated residence while providing lush views and manicured gardens.
We end issue 21 on a lighter, insightful read – Palace Lifestyle. Here, we’ve corralled some of the choicest news: our interview with preeminent Italian designer Piero Lissoni who created the modular Sake sofa for B&B Italia; British furniture designer Timothy Oulton shares his inspiration for his new collection; three furniture trends that are the current rage; our mother-and-daughter duo behind their art-glass creations; and Lamborghini’s first SUV – the Urus.
We are certain that this issue of PALACE magazine serves you the facts to make informed decisions in your property investments, while providing a dose of inspiration to live life to a hilt. Enjoy!
PALACE magazine is part of the upcoming PENANG RENDEZVOUS 2018 happening from 26 to 29 July. Find out more here. This prestigious event welcomes exhibitors to take up residence at the superb Straits Quay Marina in support of the show. Come and experience the World of Luxury at The PENANG RENDEZVOUS curated just for you.