The High Life Property Times - PETER SWAIN
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CENTURION IN FOCUS
Property Times
THE LOWDOWN ON REAL ESTATE AROUND THE WORLD: WHAT’S HOT, WHERE TO LOOK AND WHEN TO INVEST
SYBARITIC STYLE
The High Life
From Miami and Monaco to Singapore and Sydney there is a greater
choice of fine new apartments and penthouses than at any time this century.
Plus, as Peter Swain reports, some eye-catching villas that make for
one-of-a-kind holiday residences
A lavish home
that forms part
of the Four
Seasons Private
Residences,
Anguilla
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URBAN APPEAL
Miami Heat
The current vogue for trophy real estate in the
Floridian city displays imaginative verve, and gives
prospective buyers a wealth of choice
A
one-time Vanderbilt seven-bedroom waterfront
family home, Fisher residences, ranging in size
Island and its 33109 zip from large to positively vast,
code now represents feature plaster bas relief, gilded
How the interior of a
the highest concentration glass, statuary marble and Porsche Design Tower
of wealth in the US. The cerused oak. The three apartment could look
exclusive enclave, just a third penthouses have 15ft (4.6m)
of a square mile (0.9sq km) ceilings throughout, and Enzo
off the tip of South Beach, is Enea-designed private rooftop
home to the new ten-storey, terraces with panoramic
50-residence Palazzo Della views. Amenities include full- Pushing the futuristic envelope towards
Luna, slated for completion in service spa, infinity pools and science fiction, developer Dan Kodsi is
summer 2019. multilingual concierge service,
With interiors by with a marina, nine-hole golf
putting a Skyport for “flying cars” on top
Champalimaud Design, course and 18-court tennis of the 60-storey Paramount tower
the über-soigné three- to centre a stroll away.
Up by North Miami
Beach, another island affair
– anchored this time in
the waters of the Aventura
Intracoastal – Privé also
has a stratospherically
high standard of lifestyle
facilities. Distinctive works
of contemporary art curated
by Daniel Lebensohn set the
tone for 160 apartments in
twin 16-storey towers on this
eight-acre (3.2-hectare) island,
while the private poolside
restaurant helmed by Chef
Aldo, Privé Café, will satisfy
the most discerning palates.
A paradigm of modern
Miami living, Privé boasts a
marina with slips for up to
135ft (41m) yachts, spa, fitness
centre, library, wine and cigar
rooms. Two- to six-bedroom
units, all with 360-degree
water views, are available to
The two towers of Privé, which will comprise 160 apartments, as well as a fitness centre, marina and more move into immediately.
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Less than a mile away on The striking sailboat-shaped
Atlantic-facing Sunny Isles tower has 391 lavish residences The Tour
Odéon affords
Beach, the sinuous 47-storey expected to complete in 2021. outstanding
Muse Residences – designed In keeping with the views of the
by Carlos Ott, architect of the automotive theme, the Principality
Opéra Bastille – has 68 futuristic 60-storey Porsche Design
apartments and penthouses Tower, back up on Sunny Isles
also ready for occupation. Beach, opened last year but still
Rooms that have generous has unsold inventory, including
12ft (3.66m) ceilings with a vast four-level, 19,403sq ft
full-height windows, leading (1,803sq m) penthouse. The
on to 60ft-wide (18m) terraces scheme’s patented automobile
with panoramic ocean and lift system allows owners to
intracoastal views, give an park their vehicles (hopefully
extraordinary sense of space. Porsches) in “sky garages”
The fully automated homes’ directly next to their units.
wellness package includes And finally, the nearby
advanced air purification, Residences by Armani/
dynamic lighting that reflects Casa reflect the eponymous
circadian rhythms, as well as designer’s aesthetic sensibility
a spa, vanishing-edge pool and his hallmark sense of
and farm-to-table lounge. comfort and functionality.
Zen personified. The 56-storey, 308-condo
Pushing the futuristic ocean-front high-rise is due to
envelope towards science be ready next year, with the
fiction, developer Dan Kodsi largest units attracting
is putting a Skyport for “flying E XC L U S I V E A D D R E S S E S
keen interest.
cars” on top of the 60-storey Brand Miami has itself never
Paramount tower in the mixed- been held in higher regard.
In Pole Position
use Miami Worldcenter. Uber
Elevate, Google’s Kitty Hawk,
Airbus’s Vahana – one of these
airborne vehicles will likely be
cutting Miami to Palm Beach
rush hour travel time from 120
to 30 minutes within five years.
Monaco is still the single most expensive
Overlooking the city’s prime
cultural, sporting, culinary and residential market in the world
business districts, units range
in size from a modest 1,180 to
2,350 square feet (110 to 218
square metres), ideal for buyers
T
“flying” to more commodious he Principality’s of income tax for Monaco
out-of-town residences. prestigious property residents is part of the equation,
Just south on Downtown continues to lead a as is 24-carat security, and Luke
Miami’s waterfront, one of three charmed life. The average suggests lifestyle benefits have
local schemes to utilise brand price per square metre for also improved substantially in
appeal broke ground last year. Monegasque real estate recent times.
Aston Martin is better known as currently stands at €53,000, “Monaco is more lively
the iconic sports car driven by “but prime locations, like the than it used to be: it’s younger,
James Bond, but in its first foray Golden Square opposite the has better restaurants and
into real estate, chief creative Casino and Hermitage,” says appeals more to families – the
officer Marek Reichman is Irene Luke, head of Savills international school, which
integrating the brand’s signature Monaco, “can be much more teaches the IB, has a terrific
elements, colours and materials expensive than that.” reputation.” Any number of
into the design of the 66-storey A population of just world-class tennis players find
Aston Martin Residences tower. 38,000 or so crowds into the the courts to their liking, while
“We’re incorporating our Principality’s exclusive 2.02 its Formula One Grand Prix
DNA through subtle details square kilometres, so only heritage is pure platinum.
and fine craftsmanship, with an The sailboat-shaped Aston 400 to 500 homes change There’s an engaging view of
emphasis on comfort,” he avers. Martin Residences hands every year. A zero rate all the sporting action from the
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palatial five-floor penthouse proposition, but its location GOLDEN OPPORTUNITIES
on floors 45 to 49 of the very is golden – both Alain
contemporary Tour Odéon. Ducasse’s Michelin three-
This 3,500sq m residence has starred restaurant and the late
Alternative
its own private lift, a dance Joël Robuchon’s two-starred
floor with a water slide to an establishment are a short
infinity pool, cinema room, walk away.
library and billiards area, A two-bedroom duplex
Abodes
many bedrooms and staff in the Art Deco Victoria
quarters. One of several living building, near to the Café de
rooms even has an extravagant Paris, is almost twice as big
6m double-height ceiling. and has an exceptional terrace
Its price tag makes it almost planted with all manner of
certainly the most expensive Mediterranean greenery. The Some properties are designed for primary use,
apartment currently available sense of space is enhanced
worldwide. by light streaming into grand
while others are only ever holiday escapes
On a marginally more reception rooms through
modest scale, at 21 Avenue elegant, period windows.
Princesse Grace, opposite The building is also close to
the culinary and recreational the retail heaven that is the
A
delights of the Larvotto beach, Metropole mall, where Saint fter a lashing from last with one of the region’s
another apartment has four Laurent, Swarovski, Versace, September’s Hurricane premier resorts while
en-suite bedrooms, fully fitted Rosenthal, Davidoff and Irma, the Caribbean maintaining the privacy
kitchen, open-plan living and Brioni are just a few of the island of Anguilla is required for family homes.
dining room, plus a swimming brands enticingly available. back in business – hotels are Buyers have so far come
pool terrace with lovely sea Shopping is something reopening, the best beaches not only from the US but
views. Rather more valuable Monaco does rather well. in the region are pristine also the UK, Italy, Canada
once again, and the Four and South America, and as
Seasons Private Residences, with similar Four Seasons
quintessential vacation schemes, income tends to be
affairs, are looking as good part of the equation. “Some
For such a tiny enclave, precise as ever. owners are making a rental
Top of the class are the
location is all-important, and none profit of 3-6% after costs are
31 bluff-top and beachfront deducted,” suggests head of
is better than the Golden Square four- and five-bedroom villas sales Nick Cassini.
on Barnes Bay, which enjoy From a winter playground
all the amenities associated to a summer one. Few of
than gold dust in Monaco,
two underground parking
boxes accommodate four cars,
with 24-hour concierge and a
cellar combining to make this
a substantial, family-friendly
residence.
For such a tiny enclave,
precise location is all-
important, and none is better
than the Golden Square. Next
to the Hermitage, with a view
over the 1897 Charles Garnier-
designed Casino de Monte
Carlo to the Mediterranean
beyond, and front row seats
for the F1 action all add lustre
to a three-bedroom apartment
in the 1970s Sun Tower.
Recently refurbished to a
very high order, this is at just
125sq m a relatively compact The ornately decorated Palazzetto de Verre in Venice
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underground parking and
One Barangaroo’s 24-hour concierge service.
penthouse looks
The Orchard MRT station,
on to the Sydney
Opera House Orchard Road Mall, Botanic
Gardens and Tanglin Club are
all within walking distance,
so the scheme should have
particular appeal for Far
Eastern business people.
Sydney has also been the
focus of Chinese interest
over recent years, so the
Crown Residences in the
sinuous One Barangaroo,
only recently launched,
are already causing quite a
stir. Of the 82 apartments
benefitting from the facilities
of the luxe on-site hotel,
the duplex penthouse
is the jewel. Its double-
height living room will sit
HOT SPOTS
Venice’s palazzos are today a lofty 245m above the city
bought as full-time residences, and enjoy views over the
so the 18th-century Palazzetto Sydney Harbour Bridge
de Verre on Murano would and Opera House. There are
Objects of Desire
be an imaginative asset in any six bedrooms in all and the
“Grand Tour” portfolio of master suite has his-and-hers
distinctive homes. Renowned dressing areas, plus a large
painter and glass sculptor, en-suite with twin rain and
Aristide Najean, whose steam showers. Including
spectacular chandeliers and Inspired in part by increasing Chinese three outdoor terraces, the
glass installations can be seen affluence, markets in Australia and the total size of the residence is a
in the Hôtel Meurice in Paris generous 845 square metres.
Far East’s more attractive metropolitan
and Dorchester in London, has Melbourne is another
spent three years modernising locales are heating up desirable city for Far Eastern
and totally refurbishing this buyers. The new L-shaped,
palezzetto (small palazzo). 39-storey 85 Spring Street,
In a style that’s both close to the city’s Parliament
playful and whimsical, doors House, is designed inside
I
masquerade as bookcases, a t was no surprise that Pritzker Prize-winning and out by top architects
twisting glass “sushi table” Singapore was chosen to architect Jean Nouvel’s Bates Smart, with a 15m
hangs from the ceiling and the host the recent summit 33-storey Le Nouvel cantilevered entrance setting
curvaceous kitchen is a sea of between the President of Ardmore is handily placed the angular tone. Monumental
ebony and Brazilian matrix the USA and North Korean for parties at the Chinese, proportions and materials
marble. Some of the glass leader Kim Jong-un. Not Japanese, American or will be “softened by the decor,
sculptures in the piano nobile, only does the city-state have British embassies. The artwork and soft furnishings,”
intrinsic to the success of the an unparalleled reputation signature development will says designer Jeff Copolov,
space, are included in the sale, for security, hospitality and accommodate 34 lavishly while buyers – who are likely
while a south-facing terrace efficiency, it also has leafy appointed single-level to be wealthy professionals,
off the top-floor mansard parks, splendid sporting four-bedroom suites, eight downsizers or international
looks out over the canal to the facilities, good schools and four-bedroom duplexes investors – will also enjoy an
Palazzo da Mula opposite. a vibrant business sector. In and a single penthouse, indoor pool and a concierge
Christmas in the Caribbean, short, it’s a fine place to live all of which benefit from a service that includes dog-
then over to Venice for and, indeed, hold a peace detached clubhouse, 50m walking, personal shopping
Carnivale – well, why not? conference. pool, spa, tennis court, and 24-hour security.
Contacts: Miami – palazzodellaluna.com; mypriveisland.com; museresidencesmiami.com; paramountmiami.com; astonmartinresidences.com,
designtowermiami.com; armani-casa-miami.com Monaco – savills.mc Anguilla – anguillaprivateresidences.com Venice - venicesothebysrealty.
com Singapore – lenouvelardmore.sg Sydney – onebarangaroo.com Melbourne – 85springst.com
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