Category Archives: Overseas Property

S Korea home prices up again

Apartment prices across South Korea rose for the 17th straight week, the longest gaining streak since July 2008, data from the country’s top lender showed yesterday.

Apartment prices rose by 0.1 per cent last week from the previous week, extending a rising trend that started in early June, according to data from Kookmin Bank. The data came amid growing expectations for a rate increase this year after the central bank warned several times that it would lift interest rates to calm the property market.

The Bank of Korea is scheduled to review rates on Friday.

Source : Business Times – 6 Oct 2009

Living the designer lifestyle : Bulgari Residences

IF YOU’RE after more than a sculpture or a metre of songket from Bali (say a structure substantially more imposing, or your own swathe of the island’s periwinkle-blue sky) Bali can offer you that, too – in the form of the Bulgari Residences.

HOUSE STYLE
The five-villa estate is Bulgari’s first residential project in the world

The five-villa estate is Bulgari’s first residential project in the world, and follows the company’s two other Bulgari-branded property ventures – its Bali resort and a hotel in Milan. Launched in Singapore yesterday and scheduled to be completed in about 16 months, the Residences comprise some of the island’s most spectacular real estate: the expansive villas sit on a secluded cliff-top plateau at the island’s south-western tip of Uluwatu, surrounded by lush greenery and fronted by a stunning panorama of the Indian Ocean as far as the eye can see.

If you’ve been to the Bulgari Resort, which adjoins the Residences – well, imagine the same luxurious accommodation and amazing views, only multiplied 10 times over in size and vantage… and, best of all, yours to keep, not reluctantly pry yourself away from after a few days.

Said Bulgari in a company statement: ‘Following the success of the Bulgari Hotel in Milan and the Bulgari Resort in Bali, we decided that the real estate market allowed us to further leverage our brand and enhance our brand awareness, presenting us with an opportunity to offer our clientele a complete lifestyle experience.’

As such, it added, the residences ‘offer an intimate setting for a clientele who values privacy and true luxury quality and features’. Continue reading