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MATT GARRISON, the listing agent for a home located next door to President Obama's Chicago residence. The 6,000-sq.-ft. house, which is expected to sell for more than $1 million, benefits from extra police patrols and Obama's Secret Service detail...
...City, tried every exercise routine she could think of. But the upended positions that yoga required made her feel self-conscious. Running on a treadmill was a bore. And lifting weights was just too difficult. Frustrated, Cahill started overeating instead of exercising, and her weight, on a petite, 5-ft. 2-in. frame, ballooned...
...million each. If the developer, Sun Hung Kai, finds buyers at that price, the three-level penthouse dwellings, perched atop the 93-storey Cullinan towers with sweeping views of Hong Kong's harbor, could well qualify as the world's most expensive apartments. More than 4,000 sq. ft. in size, the apartments, which are still under construction, are selling for $9,677 per sq. ft. That's considerably above the $6,000-per-sq.-ft. price that top-end London flats were fetching in early 2007, when that city was reputed to be the world's priciest housing market...
...China, is recovering quickly. Just last week a penthouse apartment located in a new tower built not far from the Cullinan in Hong Kong's Kowloon district sold for $3.16 million. That may not sound like much for an upscale address, but the apartment has just 590 sq. ft. of useable space - meaning the buyer paid $5,356 per sq. ft. of living area...
...liquidity and a tight supply of new apartments could fuel irrational exuberance. Churchouse says: "I could easily see this market developing into a bubble, but it's not a bubble yet." That should be of some comfort for the buyer who just paid $3.16 million for a 590 sq. ft. apartment...