Just a stone’s throw away from Sandbanks, Britain’s glamorous coastal playground for the rich and famous, lies a luxury new build apartment block built to the highest standards with breathtaking sea views.
The Harbour Reach development, by Bryant Homes, comprises 12 five-storey blocks of flats and ten rows of townhouses. A third of the 340 properties are for social or affordable housing.
Dozens of selected tenants pay a mere £75 in rent, most of which will probably be paid from state benefits while private flats on the same development sell for up to £525,000!
This intriguing set up is due to government legislation demanding a percentage of social housing on newbuild developments.
An article published on the Daily Mail website has caused much controversy amongst commenters. It poses uncomfortable questions such as; is it fair that an unemployed person may pay peanuts out of their social benefits for the same flat another, employed, more well off person pays far more for? Conversely, why is there an unwritten rule that social housing should be basic not luxurious? It’s atough one, I don’t want to fall on the side of snobbery, however, there is something unjust about the situation…why not join the debate!
In Dubai, Donald Trump has made a big move towards establish his presence, spending AED 2.9 billion (around USD$790 million) on the construction of the spectacular 62 storey tall Trump International Hotel & Tower on Palm Jumeirah. It is rumored pre-sales of some properties fetching as much as $3000USD, real estate developer Nakheel and the Trump Organization expect that the tower’s exclusive penthouse will break property records. The 270 meter tall design which features two towers that merge at the 40th floor will include 378 hotel rooms and suites, 385 condominiums, 12 townhouses, 45,000 square feet of retail and 60,000 square feet of office space along with a private beach and super-marina. Public sales of the residences began on June 23 and Donald J. Trump himself has already reserved an apartment in the Tower which is expected to be completed in May 2011.
If the stories are to be believed, the amount of sand and rock used is enough to build a two meter high, half meter wide wall that would circle the globe three times! Well if that won’t make me purchase a property there, nothing will!
Read more at Gulf News.
One of the most expensive hotels is Intercontinental Tahiti Resort: The only thing that can enhance the beauty of an already-idyllic location is a resort that has a truly beautiful luxury swimming pool that compliments and pays homage to the surrounding environment.
If this part of the world could have gotten any better, it did so when the pools of this resort became an additional part of its landscape.
If you are tired of living in your present home then how about labeling a unique estate to your name? Kuala Lumpur, Malaysia, to be precise! Featured to the right is the tallest penthouse of the city. Offering a magnificent view of the city’s Twin Towers and city skyline, this penthouse is a worthy asset. News is few steps away, the four seasons development is about to start. This breathtaking estate provides a revolutionary lifestyle. Generous in architect and interiors, this splendid penthouse is expected to be furnished at the owners demand and choice of belongings’. The renowned designers engaged in the interior designing of the building are as Christian Liaigre, Ann Likoh and Yasumichi Morita. They say even a floor can be tailored to fit the concerned needs and desires.
Erected at a 12,330 square feet of well-designed living space, the starting price of this penthouse is $18,600,000.
Read more form LuxuryRealEstate.com
Jul - 08 | 
