{"id":30339,"date":"2016-10-17T19:43:40","date_gmt":"2016-10-17T12:43:40","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-of-luxury-london-properties-collapsed-by-86-in-past-year\/"},"modified":"2016-10-17T19:55:33","modified_gmt":"2016-10-17T12:55:33","slug":"sales-of-luxury-london-properties-collapsed-by-86-in-past-year","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-of-luxury-london-properties-collapsed-by-86-in-past-year\/","title":{"rendered":"Sales of luxury London properties collapsed by 86% in past year"},"content":{"rendered":"


\nDevelopers scale down most opulent projects, with newbuilds divided into smaller homes, as increased taxes blamedBillionaires are shunning the London luxury property market, with sales of \u201csuper prime\u201d \u00a310m-plus homes in the capital collapsing by 86% over the past year.Just five properties were sold for more than \u00a310m in the three months to August 2016, according to an analysis of Land Registry data, compared with 35 in the same period a year earlier. Outside of London, not a single property was sold for more than \u00a310m, compared with ten last year. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Sales of luxury London properties collapsed by 86% in past year<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Developers scale down most opulent projects, with newbuilds divided into smaller homes, as increased taxes...<\/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-30339","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\/p75ss1-7Tl","jetpack-related-posts":[{"id":127956,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-number-of-10m-plus-london-properties-sold-as-pound-falters\/","url_meta":{"origin":30339,"position":0},"title":"Record number of \u00a310m-plus London properties sold as pound falters","date":"July 24, 2022","format":false,"excerpt":"\r Despite Brexit the super-rich pile in, buying up homes including one on Belgrave Square for \u00a390mThe collapse in the value of the pound has led the global super-rich to buy up 61 luxury London properties each worth more than \u00a310m in the first six months of 2022 \u2013 the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140701,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-end-house-sales-are-up-in-london-with-175-fetching-10m\/","url_meta":{"origin":30339,"position":1},"title":"High-end house sales are up in London, with 175 fetching \u00a310m","date":"December 15, 2023","format":false,"excerpt":"\r Figure is highest since 2014, when stamp duty changes came in, and one property sold for \u00a342.9mAlmost 200 homes in London have been sold for \u00a310m in the past year as the super-rich\u2019s pandemic-inspired desire for a place in the country wanes compared to their wish for swish bolt-holes\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136616,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/londons-super-prime-property-market-back-to-pre-brexit-levels\/","url_meta":{"origin":30339,"position":2},"title":"London\u2019s \u2018super-prime\u2019 property market back to pre-Brexit levels","date":"May 11, 2023","format":false,"excerpt":"\r More than 160 luxury homes worth \u00a310m or more have been sold in past year at a combined price of \u00a33.1bnMore than 160 properties worth \u00a310m or more were sold in London over the past year \u2013 the most since 2016 when Brexit spooked the global super-rich from investing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144837,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-real-estate-palm-jumeirah-top-destination-for-properties-sold-for-more-than-10m\/","url_meta":{"origin":30339,"position":3},"title":"Dubai real estate: Palm Jumeirah top destination for properties sold for more than $10m","date":"May 29, 2024","format":false,"excerpt":"\r Garden home luxury villas in Palm Jumeirah catch the eye of prime Dubai real estate investors\r \r Source : arabianbusiness.com\r Read more...Dubai real estate: Palm Jumeirah top destination for properties sold for more than m","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2024\/05\/dubai-palm-jumeirah-villa-real-estate-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":51797,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-london-home-buyers-turn-to-marylebone\/","url_meta":{"origin":30339,"position":4},"title":"Luxury London home buyers turn to Marylebone","date":"April 13, 2017","format":false,"excerpt":"\r While the more traditional high-end London property areas such as Knightsbridge and Chelsea have seen prices stagnate or fall over the past 12 months, a relatively new kid on the block has taken top slot as best performer in prime central London (PCL) homes - and buyers from the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/Bsbb3yxXzW0\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":26149,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-london-home-sellers-get-message-and-rush-to-slash-prices\/","url_meta":{"origin":30339,"position":5},"title":"Luxury London home sellers get message and rush to slash prices","date":"September 14, 2016","format":false,"excerpt":"\r Sellers of luxury homes in London are lowering asking prices as the effects of the Brexit vote, political uncertainty and high taxes sink in amid sliding demand.The number of owners cutting prices for prime homes in the capital jumped 75 per cent in the 10 weeks following the June\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/30339"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=30339"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/30339\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=30339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=30339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=30339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}