Luxury Portfolio International, the luxury marketing division of Leading Real Estate Companies of the World, has responded to increasing interest in luxury real estate from Asia by opening a corporate office in Singapore.
The Raffles place office will serve the company’s existing network of members in Hong Kong, mainland China, Singapore, Japan, India and New Zealand, and also act as a base for its expansion plans for emerging countries such as Philippines, Indonesia, Malaysia and Thailand.
“Our members have embraced our efforts to reach Asian consumers and strive for a better understanding of their cultural preferences, as they recognize the potential impact on their businesses,” said Stephanie Pfeffer-Anton, Executive Vice President of Luxury Portfolio.
“While China alone has over a million millionaires, the influence extends to virtually all price points and markets – and not only those in major metropolitan areas. It is exciting to be proactive and deliberate in our approach to capturing more of this activity.”
Luxury Portfolio is a network of 200 premium real estate agencies with properties in 47 U.S. states and 30 countries. The network’s listings have a total value of more than US$44 billion, with an average price over US$2.6 million.
Luxury Portfolio is the luxury face of Leading Real Estate Companies of the World.
Picture caption: A home in Dallas being marketed by Luxury Portfolio.
Andrew Batt, International Group Editor of PropertyGuru Group,
wrote this story. To contact him about this or other stories email andrew@propertyguru.com.sg
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