Mansion Global Daily: The Market Has Shifted for U.S. Sellers, London Super-Prime Property Holds Steady, and More


Architectural firm ODA unveils plans for Fort Lauderdale cylindrical tower

A new cylindrical tower is coming to Fort Lauderdale, Florida. Plans for the 47-story tower, designed by New York architectural firm ODA, were released this week. It will consist of a series of cylindrical tubes set on a tree-covered podium and is projected to reach a height of 563 feet. The development will add 830 rental homes to the area with 20,000 square feet of amenities and plenty of outdoor space. “While the tower design celebrates the simplicity of materials and forms through the repetition of wraparound balconies and slender rounded volumes, special attention was paid to the design and detailing of the building’s base to engage at street level,” said ODA. deceen

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Despite concerns, London’s super prime housing market is holding up

London’s super-prime property market has been busy – 272 homes sold for £5million ($5.45million) or more between January and August, two-thirds more than at the same time in 2019. But with cooling mainstream Markets and a turbulent economy, experts are wondering how much longer the boom can last. Despite the concerns, demand has had little impact so far. “In 2022 I’ve arranged more 100 per cent mortgages for home purchases over £10million in my 20-year career than ever before – and September hasn’t let up,” said Paul Welch, a mortgage broker at the super-rich. financial times

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100+ year old log home in Vancouver listed for nearly $12 million CAD

A 100-plus-year-old log home in Vancouver’s affluent Point Gray neighborhood has come on the market for the first time in about 70 years and is listed for CA$11.9 million ($8.76 million). The property includes a six bedroom main house and three lots with views of English Bay, downtown Vancouver and the North Shore Mountains. The artist Jean Fahrni, who died in 2019 at the age of 100, lived in the home for seven decades. The home is listed as Heritage A on the City of Vancouver’s Heritage Register, the highest distinction. Vancouver sun

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Luxurious eco home unveiling gets lost in Panama

The launch of a spherical and spaceship-like luxury model home off the coast of Panama went awry this week when the “SeaPod Eco” prototype, which sits on a pillar over the water, slumped onto a dock. The developer, Ocean Builders, had planned to put the unusual residences up for sale next year and said in a statement that the eco-friendly home began to “destabilize” by the end of the event. abc news



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