{"id":20498,"date":"2016-07-22T14:16:34","date_gmt":"2016-07-22T07:16:34","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/which-destinations-are-catching-the-eye-of-luxury-homebuyers\/"},"modified":"2016-07-22T14:28:06","modified_gmt":"2016-07-22T07:28:06","slug":"which-destinations-are-catching-the-eye-of-luxury-homebuyers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/which-destinations-are-catching-the-eye-of-luxury-homebuyers\/","title":{"rendered":"Which destinations are catching the eye of luxury homebuyers?"},"content":{"rendered":"


\nMove over,\u00a0New York, London and Tokyo
\nBangkok is one of the new places intriguing luxury homebuyers from around the world (Image: DDproperty.com)
\nWhile places like New York, London and Tokyo continue to be popular with luxury homebuyers, several other non-traditional locations are also drawing more interest.
\nBangkok, Austin (Texas) and university towns in England are among some of the new places intriguing those looking to purchase a luxury residence.
\nThomas Lam of Knight Frank Hong Kong told\u00a0Market Watch\u00a0that emerging markets like Bangkok and Malaysia are becoming more interesting for buyers in the region. Thailand\u2019s competitive prices and up-and-coming superluxury market has made it popular while the slumping Malaysian ringgit has made the country a more appealing destination for foreign buyers.
\nMore: Finishing touches on Bangkok\u2019s tallest superluxury tower
\nIn the United Kingdom, luxury homebuyers are not as focused on London as they have been in years past. University locations like Bath, Cambridge and Oxford are starting to develop luxury housing markets. The reason these towns have become so trendy is that they cater to alternative lifestyles.
\nBath in particular has become a luxury market on the rise. Celia Welham of Knight Frank pointed out that Bath is now a favored luxury destination that is outperforming the rest of the market across the UK. The city has two universities and a diverse range of activities that makes it popular with all age groups.
\nTexas is an attractive place for luxury buyers since there are no estate taxes. Dallas and Houston continue to lead the way, but lesser known Austin has become another luxury hotspot in the state. Not only is the city Texas\u2019 state capital but it has developed a reputation as a culture hub with a robust music scene and lots of nightlife.
\nAnd while Manhattan still remains one of the world\u2019s top locations for luxury homebuyers, other areas in New York are gaining in popularity. Dolly Lenz, CEO of Dolly Lenz Real Estate, explained that the borough of Queens has seen a drastic upswing in interest with suburban locations such as Bedford in Westchester County also garnering more attention from luxury buyers.
\nThis story originally appeared on DDproperty.com on 21 July 2016.
\n
\nSource : property-report.com
\nRead more…Which destinations are catching the eye of luxury homebuyers?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Move over,\u00a0New York, London and Tokyo Bangkok is one of the new places intriguing luxury...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-20498","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-5kC","jetpack-related-posts":[{"id":22466,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-condo-demand-in-bangkok-in-tip-top-shape\/","url_meta":{"origin":20498,"position":0},"title":"Luxury condo demand in Bangkok in tip-top shape","date":"August 10, 2016","format":false,"excerpt":"\r An influx of foreign buyers from Hong Kong, Singapore and Taiwan take advantage of higher yields Magnolias Waterfront-Residences at IconSiam One of Thailand\u2019s most active developers, Magnolia Quality Development Corporation (MQDC), thinks demand for luxury condominiums in Bangkok will remain strong and won\u2019t be hindered by the weak overall\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41272,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/meet-asias-greatest-alpha-city-for-luxury-homes\/","url_meta":{"origin":20498,"position":1},"title":"Meet Asia\u2019s greatest alpha city for luxury homes","date":"January 20, 2017","format":false,"excerpt":"\r Only London and New York City are greater Aerial view of Shibuya District and Shibuya Crossing, Tokyo. 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