Luxury Real Estate Market Refuses to Slow Down in City. Despite a downturn in the global economy and a decrease in demand for high-end properties, a recent report from Oshan reveals that there is still a strong appetite for ultra-luxurious real estate in the city. The company's top contract, a staggering $17.6 million deal for a 3,889-square foot mansion, suggests that some buyers are willing to splurge on exclusive and high-end properties, even in a challenging market. As the city's real estate landscape continues to evolve, it remains to be seen whether this demand will sustain itself or if it's a temporary anomaly.
And for now, there also still seems to be some demand for very high-end real estate in the city. Oshan noted in its latest report that its top contract (17) was for a 3,889-square foot, $17.6 million ...
