Key Locations for Ultra High Net Worth Real Estate

As our global luxury real estate market continues to develop and grow, key locations have begun to stand out as hubs for the Ultra High Net Worth (UHNW). As reported in the key findings of the Wealth-X and Sotheby’s International Realty Global Luxury Residential Real Estate Report, “New York, London, Hong Kong, Singapore and Paris are the most important international hubs for UHNW residential real estate.” With Los Angeles, San Francisco, Washington D.C., Dallas and Mumbai rounding out the top ten, it’s not surprising that some of the world’s most notable and famous cities are featured here. Explore homes below in cities that show particular clustering of the UHNW.

According to the report, “New York City is one of the biggest financial hubs in the world, attracting investors and real estate developers as well as individuals who want to profit from the market and have significant business interests or personal and family ties to the city.”

NYC$82,000,000 USD | New York, New York | Sotheby’s International Realty – East Side Manhattan Brokerage

This architectural tour de force is a quintessential New York City apartment. The four-bedroom penthouse features unrivaled panoramic views of Central Park, captivating sunlight in every room, state-of-the-art design, stainless steel chef’s kitchen and a spacious library among others. A testament to both great design and exemplary craftsmanship, this in an ideal residence for refined entertaining and sophisticated living offering the ultimate New York City experience.

Key findings in the report show that London is not just, “one of the most important cities for luxury residential real estate,” but that “foreign investors view London as a ‘safe haven’ for prime property investments.”

England£12,950,000 GBP | London, England | London Sotheby’s International Realty

Abundant in elegance, this recently restored, gated estate offers a blend of modern design with enduring architecture. Tile floors, dark wood detailing, skylights, and a walk out to the exquisite west-facing garden make this home inviting and sophisticated. Just south of the Thames and London’s city center, this exquisite home is a private and inviting piece of London living.

Hong Kong has long been known as one of the main financial hubs in Asia. With an ever-increasing population, it is not surprising that the price of luxury residences per square foot has remained both high and relatively stable,” according to the report.

HongKong$350,000,000 HKD | Hong Kong | Hong Kong Sotheby’s International Realty

This gated residence is located within the serene setting of a tranquil, private park. Two guarded entrances and driveways lead towards this grand, colonial-inspired estate, envisioned in a fascinating balance between western and eastern culture. Situated in the New Territories near the Chinese border, it offers easy access to the special economic region of Shenzhen, the Fanling Golf Club and is only a short drive away from Central Hong Kong. Offering an abundance of space and privacy, the main house features floor-to-ceiling, sparkling, crystal cut windows with exotic wooden frames, marble flooring, floor mosaics, and wrought iron balustrades throughout.

In the report, Alexander Kraft, Chairman & CEO of Sotheby’s International Realty France – Monaco, states, “Paris continues to be one of the world’s most sought after destinations for international buyers. However, in comparison with other global hubs such as London, Hong Kong, or New York, Paris remains surprisingly affordable and currently offers plenty of opportunities at highly interesting prices.”

Paris8.400.000 € EUR | Paris, France | Propriétés Parisiennes Sotheby’s International Realty

An entirely renovated 18th century townhouse in the center of Paris, this home offers an unrivaled blend of modern amenities and classic design. Enjoy your favorite films in the comfort of the outfitted home theater or a glass of your favorite vintage from the select doublewide wine cellar. This three-floor, six-bedroom townhouse is a taste of private comfort in one of the world’s most beloved cities.

Explore our in-depth report with Wealth-X and discover more  luxury real estate findings >

Top 10 Significant Sales of 2014

From tranquil island escapes and elegant metropolitan penthouses, to panoramic coastal vistas and everything in between, many remarkable properties changed hands through our network during last year. Explore the Top 10 Significant Sales of 2014 below. 

#10 – Turks and Caicos Islands

TCI 23M (3)Turks & Caicos Sotheby’s International Realty | $23,000,000 USD | Turks and Caicos Islands

This spectacular 169-acre development parcel has more than 2,793 feet of frontage and an ideal mix of beach and iron shore. It graces a pristine and tranquil shoreline and neighbors one of the region’s most breath-taking and noteworthy properties, Amanyara.

#9 – California

Ewing 24m (2)Ewing & Associates Sotheby’s International Realty | Price Undisclosed | California, USA

In 1927, on Chalon Road in the hills of Bel-Air, the owners of a dramatic 1.5 acre parcel with awe- inspiring vistas hired an emerging architect, Gordon B. Kaufmann, to develop a unique vision for their property. The result is a truly iconic home that today is considered by experts to be a significant part of the architectural history of Los Angeles. Lovingly renovated and meticulously maintained, this extremely rare offering has been expanded and updated to accommodate 21st century living while graciously preserving the integrity and resplendence of the origi- nal design. Abundant detailing and amenities are found throughout the home’s three-level, 11,505 square foot floor plan. The generous use of rich varietal woods, ornately carved stone and light fixtures fashioned from sterling silver, onyx and fine crystal are superb representations of the era’s artisan craftsmanship.

#8 – New York

East side 25m (2)Sotheby’s International Realty East Side Manhattan Brokerage | $25,000,000 USD | New York, USA

Perched on the 30th and 31st floors of a white-glove limestone condo- minium, this impressive duplex boasts phenomenal 360-city and park views from 52 oversized windows. Spanning 6,286 square feet, the sprawling 12 room apartment has 10 foot ceilings and grandly proportioned rooms. The gracious floor plan is distinguished by a large gallery with a sweeping staircase and features a huge corner Living room with wood- burning fireplace, a library and an elegant Dining room, as well as a cozy study. There is also a state-of-the-art Kitchen, windowed Breakfast room, Staff bath and a conveniently placed Powder room. Upstairs the private quarters include a massive Master suite comprised of three rooms and baths plus a vast walk in closet/dressing room. There are two additional bedrooms and an enormous Media room, also with ensuite bathroom.

#7 – Connecticut

Greenwich 27.5m (1)Sotheby’s International Realty Greenwich Brokerage | $27,500,000 USD | Connecticut, USA

An hour’s drive from New York City, beautiful Conyers Farms is where Academy Award-winning pro- ducer and director Ron Howard and his wife chose to raise their family. Their private country es- tate, consisting of approximately 32 acres of unparalleled privacy showcases a splendid shingle style main house with more than eighteen thousand square feet, a charming Craftsman style two-bedroom guest house, an indoor sports complex, observatory silo with Meade telescope, barns, paddocks, ivy- draped stone head house, greenhouse plus formal rose, boxwood and organic gardens.

#6 – Texas

Kuper sale price undiscKuper Sotheby’s International Realty | Price Undisclosed | Texas, USA

Located in the Texas Hill Country, with 4.5 miles of both sides of the beautiful Sabinal River, the property is shaded by huge century-plus old cypress trees and Little Creek. It was offered for the first time in more than 80 years. Picturesque improvements include a 1930s main home and guesthouse, staff cabin, vintage farm house, barn, equipment sheds and cattle pens.

#5 – Sydney

Sydney 28.050m(usd) (2)Sydney Sotheby’s International Realty | $28,000,000 USD | Australia

One of Australia’s most outstanding homes, this property is situated in Point Piper’s best posi- tion, north facing with uninterrupted views of the iconic Sydney Opera House and Harbour Bridge. The home has an exceptional and seldom offered street to water position with absolute deep water frontage and boat house on title with full slipway and deep water jetty. Designed by renowned Gergely & Pinter Architects, the home is ideal for entertaining on a grand scale, overlooking the sparkling waters of Sydney Harbour. The views encapsulate 180 degrees from the Opera House, Harbour Bridge and right through to Manly. The substantial accommodation and facilities include six bedroom suites and eight-and-a-half bathrooms, as well as separate self-contained apartment with private entrance. 

#4 – New York

19 Robertson Drive, Sag Harbor, NYSotheby’s International Realty Southhampton Brokerage | $31,750,000 USD | New York, USA

 Brilliantly conceived and built, this circa 2005 Lutyens-inspired stone and stucco mansion is perfectly positioned on six acres of waterfront property with a deep water dock. The 10,000 square foot house has well-proportioned rooms including a formal living room and gathering room, both with stone fireplaces, and circular alcove. Ideal for entertaining or relaxing on any scale, the house is complete with a paneled billiards room with fireplace, a fully-appointed media room, read- ing room, gym, a chef ’s dream kitchen and formal dining room. There also are seven fireplaces, an elevator, six bedrooms and eight bathrooms. Facing west with breathtaking sunsets, the exte- riors are as impressive as the house. An extensive covered terrace, with year-round stone hot tub, overlooks the heated Gunite swimming pool and 350 feet of beachfront. There are also tennis and basketball courts and a separate four-car garage.

#3 – The Bahamas

 testing123Lyford Cay Sotheby’s International Realty | $42,000,000 USD | Bahamas

This property offers its owners their own private beach in a secure community. Meticulously maintained, the spacious 30,000 square foot family home is situated on two acres with 590 feet of canal frontage overlooking the Lyford Cay Marina. Included in the sale is a 1.4 acre beachfront lot across the street. Amenities include a tennis court, pool, Jacuzzi, 200 feet of dock and all of the necessary improvements for easy tropical living.

#2 – New York

 East Side Manhattan 56m (1)Sotheby’s International Realty East Side Manhattan Brokerage | $56,000,000 USD | New York, USA

This property features the exceptional personal service of Park Hyatt’s new five-star flagship hotel. Located across from Central Park and Columbus Circle, One57 is surrounded by the city’s best restau- rants, shopping, entertainment and the cultural offerings of Lincoln Center, Carnegie Hall and Broadway.

#1 – Hong Kong

 HK SIR - 58mHong Kong Sotheby’s International Realty | $58,000,000 USD | Hong Kong

 This luxuriously presented townhouse is located in a prestigious area surrounded by rolling hills and overlooks the city, offering a well-appointed contemporary interior and amazing outdoor space on the rooftop terrace. There also is a huge private garden that comes with a swimming pool. This spacious, light-filled home features high ceilings to accentuate the elegant overall design. The house is also refurbished in white marble walls and flooring throughout, with every level in the home constructed with a separated open staircase and a private elevator with access to every level. There is a dome design window ceiling, which completes the overall luxurious design.

> View All Sotheby’s International Realty Significant Sales

New and Notable Luxury Properties for Sale | February 2015

From one of the largest and most historic ranches in the United States to a mansion in Paris, this month’s collection of exceptional properties for sale showcases exquisite lifestyles from around the globe.

Paris33.000.000 € EUR | Paris, France | Paris Ouest Sotheby’s International Realty

Located in Paris, this recently renovated mansion has incredible outdoor space with several terraces including a hot tub and a garden. The home features an incomparable reception area, an extraordinary library, and six ensuite bedrooms. To add to the list of amenities, the home also has a home cinema, fitness room and swimming pool.

2015_02_27_Vernon_Texas$725,000,000 USD | Vernon, Texas | Briggs Freeman Sotheby’s International Realty

The WT Waggoner Ranch is one of the largest and most famous ranches in the United States and was established in 1849. Never before offered for sale in 165 years of ownership, the sprawling Ranch estate includes more than 510,000-contingues acres spread over six North Texas counties, incorporating two main compounds, many homes and significant infrastructure, including a 10,000 square foot Ranch office headquarters in nearby Vernon Texas. There are approximately 20 cowboy camps ranging from 10,000 to 40,000 acres each. The ranch is offered as a turnkey proposition with hundreds of quarter-horses, many thousands of head of cattle, with approximately 1,200 existing oil wells, as well as mineral rights and 30,000 acres of cultivated farmland. There are also a number of large lakes encompassing thousands of acres, waterways and creeks with approximately 400,000 acres of land remaining undeveloped for oil.

Hong Kong$238,000,000 HKD | Repulse Bay, Hong Kong | Hong Kong Sotheby’s International Realty

This beachside home in Hong Kong features breathtaking views of Repulse Bay Beach and the coastline. Floor-to-ceiling windows spanning across the living room and the balcony bring in plenty of natural light. All four bedrooms in the home feature an ensuite bathroom and many of the rooms in the house feature unparalleled water views. A big sky-lighted courtyard is attached to a recently renovated modern kitchen.

NYC$29,500,000 USD | New York, New York | Sotheby’s International Realty- East Side Manhattan Brokerage

Ideally situated just off Fifth Avenue in New York City, the Carhart Mansion is noteworthy for its grand and elegant limestone façade. Perched high atop this magnificent mansion sits the spectacular Penthouse duplex which encompasses 7,140 square feet of interior space and 5,290 square feet of exterior space. This glamorous residence seamlessly incorporates a contemporary sensibility and style within a traditional architectural vernacular. This sun filled home has its own direct elevator access, a gracious gallery space and wonderfully appointed entertaining rooms. Designed by Horace Trumbauer in 1913, this 87’ wide mansion was designated a NYC landmark in 1974 and converted into four grand scale condominium units in 2005.

View Newly Listed Luxury Properties for Sale >

Significant Sales Volume 11 2014

The latest issue of Significant Sales features top sales from around the world beginning with an exquisite $450 million (HKD) property in Hong Kong. Also featured is a private ocean view home in California, a state-of-the-art escape in Colorado and more than twenty other properties from around the globe.

HK SIR - 58m$450,000,000 (HKD) | Hong Kong | Hong Kong Sotheby’s International Realty

Hong Kong - This luxuriously presented, free-standing detached house is located in a prestigious area surrounded by rolling hills and overlooking the city. The home has a well-appointed contemporary interior and amazing outdoor space on the rooftop terrace. It also has a huge private garden with attached swimming pool. This spacious, light-filled home features high ceilings to accentuate the elegant overall design. The house is also refurbished in white marble walls and flooring throughout, with every level in the home constructed with a separate open staircase and a private elevator with access to every level. There is a dome-shaped skylight window ceiling which completes the overall luxurious design.

Pacific SIR - 15.995m (2)$15,995,000 (USD) | California, USA | Pacific Sotheby’s International Realty

California - From the Sandy Shores of Del Mar, California, this family compound sits behind private gates in a small beach enclave known as Sandy Lane. It offers a unique opportunity to refresh or rebuild an original Russell Forester built in 1950 and yet still relevant for today’s beach front living. Rarely seen at the ocean front, this home features a large beach side patio, three bedroom main residence, pool, cabana/guest house, private green courtyards and ample guest parking all from just a few steps to the sand.

Aspen Snowmass SIR - 15.8m (2)$15,800,000 (USD) | Colorado, USA | Aspen Snowmass Sotheby’s International Realty

Colorado - Enlisting the talents of architects Ike Kligerman Barkley, the design team of the Muse Building left no detail to chance. Adorned with exquisite finishes and furnishings, the practical and inviting floor plan flows from opulent living spaces to an inviting roof top deck and back again, all while solely focused on enhancing the sublime living experience through meticulous attention to detail. The Muse Penthouse features 5,053 livable heated square feet with four bedrooms and four-and-a-half baths, as well as 4,451 square feet of decks and patios. There is a rooftop deck with heated pool and unobstructed views of Aspen Mountain, private patio and deck on the main level capturing the sights and sounds of downtown. The latest Savant technology controls security, climate, window coverings, lights, audio and video. There is 5,235 square feet of commercial space on the second level.

ONE 15.25M (2)$15,250,000 (USD) | Florida, USA | One Sotheby’s International Realty

Florida - This private compound is ideal for the end user, investor or developer planning to build a new, large luxury waterfront estate on prestigious upper North Bay Road in Miami Beach. This one- of-a-kind opportunity offers 37,895 square feet, 191 linear feet of water frontage, with incredible unobstructed panoramic views of the Downtown Miami skyline amidst breathtaking sunsets.

Significant Sales Volume 11 >

40 Years in Asia: Sotheby’s International Realty Attends Hong Kong Autumn Sales 2013

This past weekend key representatives from the Sotheby’s International Realty® brand attended Sotheby’s Hong Kong Autumn Sales 2013 in Hong Kong.

Callaway Henderson Princeton Sotheby's Hong Kong 40Asia

Representatives from Callaway Henderson Sotheby’s International Realty in Princeton, New Jersey. Pictured from left to right: Natalie Gilmore, Marketing Director; Susan Cook, Real Estate Sales Associate ; Judson Henderson, Owner/Broker.

During the five day event, Sotheby’s International Realty representatives interacted with auction goers and were available to talk about the attendees global real estate interests. Representatives from Atlanta Fine Homes Sotheby’s International Realty, Callaway Henderson Sotheby’s International Realty, Decker Bullock Sotheby’s International Realty, Fuller Sotheby’s International Realty, Hong Kong Sotheby’s International Realty, Philippine Sotheby’s International Realty, Sierra Sotheby’s International Realty, Sotheby’s International Realty, Inc, Summit Sotheby’s International Realty, TTR Sotheby’s International Realty and United Kingdom Sotheby’s International Realty were in attendance.

“This event provided a forum for our network to interact with each other, potential Asian buyers and Auction House executives and clientele,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “Those who attended gained key insights into the Asian market and overseas buyers. We are proud to offer our network members the opportunity to take part in this important yearly sales event.”

Sotheby's 40th Anniversary Evening SaleView of the sales room at Sotheby’s 40th Anniversary Evening Sale.

The 16 record-breaking auctions saw new benchmarks set in many categories. Together they realized HK 41.96 billion / US $538 million, the highest grand total ever achieved by any global arts business operating in Asia. See more about the sales including records achieved.

Luxury Real Estate Headlines: First Week in May 2013

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.

Hong Kong luxury houses

Hong Kong: big property bubble in little China - The Telegraph

Property prices in Hong Kong have rocketed due to record low interest rates and an influx of wealthy buyers from mainland China. Foreign investment, coupled with the country’s strong economic growth – led, in part, by Hong Kong’s financial services industry – has facilitated increased investment and development in the city.

Secret ‘pocket listings’ return in hot housing marketsCNN Money

How Boomer Home Sellers Can Hook MillennialsForbes

Inside America’s Billionaire Housing BoomForbes

The Best Modernist Homes From Around the World - Yahoo! Finance UK

Beachfront Florida Penthouse Sells in Just 19 DaysBradenton Herald

Realogy Reports Financial Results for First Quarter 2013 – Realogy.com

Living in…Sydney - BBC Travel

Sotheby’s Spring Impressionist & Modern Art Sales to be held in New York May 7 & 8Sotheby’s International Realty Extraordinary Living Blog

An Impressionist’s Habitat: Awe-Inspiring Parisian ApartmentsSothebys.com

New & Notable Luxury Properties for Sale / March 2013

This month’s edition of Exceptional Properties takes us around the globe with new to market listings in Switzerland, Italy, Paris and Hong Kong, but it’s a sprawling parcel in Canada that is this month’s crown jewel.

Montebello, Quebec, Canada / $79,868,279 USD; $81,250,000 CAD / Sotheby’s International Realty Quebec

Kenauk

Sprawling over an impressive 65,000 acres, Kenauk lays claim to over 70 private lakes and is home to a secluded gated community which includes thirteen well equipped chalets and an exclusive marina. Kenauk is a 100 square mile protected wilderness reserve located near the Ottawa River west of Lac Papineau, Quebec.

Genthod, Switzerland/ Price Upon Request / de Rham Sotheby’s International Realty

Lake Geneva Switzerland Lakefront Real Estate

This exceptional property in Genthod on a large plot by the lake,  has extremely impressive features. The bold, original architecture includes glass facades providing a breathtaking view over Lake Geneva from all rooms.

Capri, Italy/ $44,820,079 USD, € 35.000.000 EUR / Rome Sotheby’s International Realty

Castle for sale Capri Italy

Due to its strategic location, overlooking the town of Capri, this residence was considered one of the most important villas of the whole island. Its ruins, found at 250 mt above the sea level, were radically restored throughout the years, starting from the first renovation works carried out by Carlo d’Angiò in 1283. This Italian villa is one of the 12 villas of Tiberius, and it set in the most charming panoramic spot of Capri with 360° views over the island.

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Hong Kong, China Real Estate / Market Spotlight

luxury real estate hong kong

Due to recent concerns about a property market bubble, in October 2012 the Hong Kong government came out with new policies to curb property prices. “With the new policies, both local and overseas investors are now more hesitant to buy at the moment and therefore sales transaction volumes have reduced significantly,” said Samson Law, managing director of Hong Kong Sotheby’s International Realty. “But in this island economy, supply and demand continues to set the tone for the market in Hong Kong. There should be no reason for the market to correct drastically given the limited supply and low interest rates environment.”

In recent months, Hong Kong Sotheby’s International Realty has successfully recorded four notable sales including apartment, condo and detached houses, one of which transacted at more than $17 million (USD) and another for more than $9 million. “With our aim and focus to become the leading marketer representing the most exceptional properties in Hong Kong, we are very optimistic in the growth of the company for 2013,” said Law.

Search Luxury Real Estate in Hong Kong >

Sotheby’s International Realty Network Attends Sotheby’s Hong Kong Autumn Sales 2012

Key representatives from across the Sotheby’s International Realty® network of real estate professionals attended the recent Sotheby’s Hong Kong Autumn Sales 2012 at the Hong Kong Convention and Exhibition Centre in China.

Hong Kong Convention and Exhibition Centre

The Sotheby’s Hong Kong Autumn Sales 2012 were held October 5 to 9 and sold more than 3,100 lots for a total of more than $2 billion (HK), which is $260 million (USD).  For more information including records achieved, click here.

During the five day event, Sotheby’s International Realty® representatives talked to auction goers about their global real estate interests.

The companies in attendance included: Aspen Snowmass Sotheby’s International RealtyDecker Bullock Sotheby’s International Realty, Milan Sotheby’s International Realty, Rome Sotheby’s International Realty, Burger Sotheby’s International Realty, Tiawan Sotheby’s International Realty, Hong Kong Sotheby’s International Realty, and Pacific Sotheby’s International Realty.

“This event provided a forum for our network to interact with each other, potential Asian buyers and Auction House executives and clientele,” said Philip White, president and chief operating officer, Sotheby’s International Realty Affiliates LLC. “Those who attended gained key insights into the Asian market and overseas buyers. We are proud to offer our network members the opportunity to take part in this important yearly sales event.”

Philip White, President & COO, discusses the Asian real estate market event attendees.

Search for extraordinary properties in Asia >

Sotheby’s Hong Kong 2012 Autumn Sale Series

Starting this Friday, Sotheby’s auction house will hold its Hong Kong Autumn Sales Series. The event will include exhibitions and auctions of Fine Chinese Ceramics & Works of Art, Fine Chinese Paintings, Contemporary Asian Art, Jewelry, Watches and Wines, among others.

“This season, Sotheby’s promises to bring exceptional and rare properties to the Asian market from private collections around the world,” says Kevin Ching, Chief Executive Officer of Sotheby’s Asia. “We are delighted to offer significant works of impeccable provenance by prominent Chinese artists across several generations – from Zhang Daqian to Sanyu and Zhang Xiaogang, among others.”

Here are some notable pieces up for auction.

Photo: Sotheby’s; Liao Chi-Chun (1902–1976), Scenery In Yehliu, 1965, Oil on canvas, Est: HK$18 – 28 million / US$2.3 – 3.6 million

The lead work the 20th Century Chinese Art sale is Scenery in Yehliu by the ‘Colour Magician’ Liao Chi-Chun, depicting Taiwan’s North East coastline. The largest painting ever made by the artist, this piece clearly demonstrates Liao’s aptitude with color, and his strong use of rose-pink, which is a classic feature of his work from the 1960s.

Photo: Sotheby’s; Zhang Xiaogang (b.1958), Tiananmen No. 1, Oil on canvas, 1993, Est. HK$15 – 25 million / US$1.9 – 3.2 million

Completed in 1993, Tiananmen No. 1 belongs to the only series of works by the artist, Zhang Xiaogang, to centre on the politically charged motif of Tiananmen Square. From the May Fourth movement of 1919 to the Tiananmen Incident in 1989, the Square has borne witness to many important events that mark the history of modern China. With its solemn brushstrokes, this work is movingly expressive of the agonizing history behind the Square. While the yellow gate tower is accompanied by grey skies and stone pavement, two parallel red lines can be seen running through the Square towards the centre, creating a robust contrast in colour and tone, and the red lines eventually became an iconic motif in the world-renowned Bloodline Series. The yellow gate tower deviates from the red ones as seen in No. 2 and No. 3 of the same series, altogether heightening the significance of Tiananmen No. 1.

Photo: Sotheby’s; Lee Man Fong (1913-1988), Fortune and Longevity, Oil on wood panel, 1951, Est. HK$12 million / US$1.54 million

Extremely rare in the artist’s oeuvre, Fortune and Longevity was kept in private hands since its completion in 1951 and is offered at auction for the first time in more than six decades. Fortune and Longevity is a compelling masterpiece that reaffirms Lee Man Fong’s contribution and influence as a pioneer Southeast Asian artist who created a brilliant synthesis of Eastern and Western art. The serene depiction of people of different generations feasting and dancing is brought alive by his striking brushstrokes, exhibiting immense technical skill which emulates the fluidity of Chinese ink, but using oil. The painting celebrates peace, prosperity, abundance and good health, expressed through the Chinese calligraphy used by the artist in addition to the auspicious symbols such as the pumpkin – a symbol of prosperity, abundance, good luck. It is Lee’s deepest empathy for humanism that imbues the painting with soul, bringing with it the artist’s vision and wishes for a better life for the people.

Photo: Sotheby’s; Lot 1889, A 9.08-Carat Pigeon’s Blood Burmese Ruby And Diamond Ring, Cartier, 1956, Est: HK$24/30 million /  US$3/3.8 million and Lot 1890, An Exceptional D/IF Riviere Diamond Necklace, Totalling 88.88 Carats, Est: HK$35 – 50 million /   US$4.5 – 6.4 million

They say diamonds are a girl’s best friend, and the Magnificent Jewels and Jadeite sale delivers an array of exquisite jewels including the above magnificent ruby and diamond ring and an exceptional diamond necklace.

Two stunning colored diamond rings also will be offered. Pink diamonds of over 10 carats are exceedingly rare and at 10.15 carats, the beautiful gem offered is one such example. Of a lovely and soft pink hue, well-proportioned classic pear shape and flanked by gleaming white diamonds, this elegant jewel is the epitome of feminine grace. Another head-turning jewel offered for sale is a 21.43-carat Fancy Vivid Yellow Diamond and Diamond Ring. Impressive in its size, this stunning gem gleams with a saturated and pure Fancy Vivid Yellow color, rated by the Gemological Institute of America (GIA) as the most desirable in a yellow diamond, and is certain to shine in the most glamorous of occasions.

The exhibitions will be open for public viewing October 5 – 8 at the Hong Kong Convention and Exhibition Centre. The auctions will be from October 5-9 in the same location.

Looking for a Hong Kong property to accompany your newly purchased Asian works?  View our photo gallery of Hong Kong properties on the Sotheby’s International Realty Facebook Page.

*Estimates do not include buyer’s premium