Selling price of luxury residential (prime residential) in several major cities in the world has decreased due to the impact of global crisis. Global results of the survey, Prime Residential: The 2009 Wealth Report conducted by Knight Frank works with Citi Private Bank shows, from the 55 locations surveyed in 2008, including 23 locations in the decrease, 6 unchanged, and 26 to record growth.
Head of Research and Consultancy Division of Knight Frank India Fakky Ismail Hidayat said, luxury residential prices in the world is increasingly coming down on this year 2009. Even in some location / country to the first quarter in 2009, luxury residential prices have declined more than 40 percent.
"The biggest decline occurred generally in cities that also have high dependency of the global financial system, such as Hong Kong, Dubai, London and Singapore, each of which is down 27 percent, 19 percent, 17 percent, and 15 percent," said Fakky in Jakarta, Tuesday (19 / 5).
On the other hand, the crisis does not make luxury housing prices go down, especially in countries with low levels ketergantungannya. "The biggest growth is registered in the emerging countries, such as Jakarta, Moscow, and Bangkok, which each grew 18 percent, 13 percent, and 23 percent," said Fakky.
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