The Best of Asia’s Towering Luxury

The best of everything, within reach. That’s the promise of forward-thinking metropolitan cities the world over. Asia’s most incredible cities offer an inimitable slice of elevated taste and cosmopolitan buzz, not to mention a winning combination of extravagance, excellence, and excitement. High above cities packed with gleaming lights, unmatched dining, and invigorating views; sky-high towers of glass and light illuminate a path to premier luxury living spaces, floating above the world below.

The Orchard Residences, Singapore

List Sotheby’s International Realty | Contact Donald NG for more information

Standing on the shoulders of luxury retail giants, the 54-storey Orchard Residences watch over southern Singapore’s Orchard Mall, a shopping destination as synonymous with elevated taste as Manhattan’s Fifth Avenue, Paris’ Les Champs-Elysees, and London’s Bond Street. Louis Vuitton, Cartier, and Tiffany & Co. flagships are steps away.

At the Residences, amenities are lush, host to gardens, a swimming pool, clubhouse, tennis court, and a gym. Inside this 2,174-square-foot residence, panoramic views and designer-appointed furnishings await. A gourmet kitchen, dining room, and boutique ensuite bedroom feature top-of-the-line Italian Poliform wardrobes, German Poggenpohl kitchen details, and a sub-zero wine cooler.

The Westminster Terrace, Hong Kong

List Sotheby’s International Realty | Contact Carman Sze-To for more information

Loft living with sea views of Approach Bay round out this tasteful, award-winning property at The Westminster Terrace in Hong Kong. Designed by acclaimed architect Paul Davis and finished by celebrated designer Koichiro Ikbeuchi, the elongated, linear layouts get a sharp contemporary dressing and wash of warm light from floor-to-ceiling windows. Elite finishes and appliances complement this high-living home base.

All bedrooms feature generous ensuites; the master adorned with a dressing area and work space as well. Outside, a spacious balcony with water views offers a tranquil reprieve from the bustle of the city beneath.

Mandarin Building, Hong Kong

List Sotheby’s International Realty | Contact Binoche Chan for more information

Fantastic artistic details are peppered throughout this original four-bedroom apartment in Hong Kong’s Mandarin Building. Every architectural element, from the concrete walls with warm sconces to the studio-loft style pillars reinforce the traditional-modern collision of the Core Central neighbourhood. Fresh French-styling adds unrivaled taste to the interiors, while a 3,500-square-foot terrace offers tranquil garden reflection for that essential morning meditation.

The Palace, Beijing, China

Beijing Sotheby’s International Realty 

All the trappings of a modern mansion sit sky-high in The Palace in China’s capital city. Three bedrooms with regal detailing set the tone, and opulence continues through living and dining areas that feature impressive ceiling recesses and chandelier-style lighting.  A clean, inviting chef’s kitchen feels at home in the 4,058-square-feet of living space, where floor-to-ceiling windows light up each room and offer a picturesque frame for sparkling lights after dusk.

A Better Tomorrow, Taipei, Taiwan

Taiwan Sotheby’s International Realty

Grounded and contemporary minimalism meets elevated and ornate luxury at A Better Tomorrow in Taipei. A steel build with premium Japanese dampers, this tower offers sound peace of mind in a fast-paced city. The south-facing, open plan apartment plays host to a chic kitchen and welcomes warm daylight and end-of-day reflection in addition to large gatherings and the humming energy of the cosmopolitan Da’an district.

The understated cubist design continues though the ample facilities and communal spaces, an homage to a neighborhood overflowing with high-quality dining options, galleries, and parks. Here, Taipei’s wealth of cultural curiosities are never more than a few steps away.

Unmatched living at breathtaking heights—both an enticing addition to and welcome retreat from these bustling cities.

Top Photo: List Sotheby’s International Realty

Discover luxury homes from around the world on sothebysrealty.com

Luxury Real Estate Headlines: Second Week in July 2017

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

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Price Upon Request | Provence-Alpes-Cote D’Azur, France | Propriétés de Provence Sotheby’s International Realty

“There are elaborate frescoes, hand-painted ceilings, massive tapestries…antique silk wallpaper, and decoration by painters, including Marius Granet. The castle has its own chapel, guard rooms, subterranean passages from its time as a fortress, and a massive kitchen that appears to have remained largely unchanged for the better part of 300 years.”

Own a 1,000-Year Old Castle in France for $17 Million – Bloomberg

Property in Southampton, N.Y., Asks $150 Million – Wall Street Journal

Old Meets New in this Luxury Apartment in Bustling Beijing – Mansion Global

6 Extraordinary Homes that Look Like Castles – The Week

Maine Attraction: Buy a Historic New England Bed and Breakfast – Robb Report

Five Properties Perfect for Car Enthusiasts – Financial Times

A Private Beach Retreat That’s Part of an Eco-Conscious Community – Mansion Global

Actress Kate Walsh Lists L.A. Home for $4.25 Million – Wall Street Journal

‘Iconic Vineyard Estate’ Embodies Indoor/Outdoor Napa Valley Living – SFGate

6 Charming Homes in Pittsburgh – The Week

Woolworth Renovations are a Perfect Blend of the Past and the Future – New York Post

House Hunting in… the Bahamas – The New York Times

In Houston Real Estate, Home Sales Soar – Houston Chronicle

Sotheby’s to Auction Vivien Leigh’s Personal Belongings – WWD

Luxury Real Estate Headlines: Fourth Week in December 2016

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

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$5,350,000 USD | Schroon Lake, New York | Select Sotheby’s International Realty

“This handcrafted French trapper-style log cabin on 172 acres in the Adirondacks is an ideal place to get cozy this winter. Skye Notch, as it’s known, was built in 2000 by Maple Island Homes and features hand-scribed log and hand-split cedar shake construction, which gives it an old-world storybook charm.”

Luxury Log Cabin Living in Upstate New York – Mansion Global

An African-Style Ranch in Southern California Asks $16 Million – Wall Street Journal

10 Over-the-Top Ski Homes for Sale Right Now – Curbed

A Victorian Villa in the Heart of Walkable Newport, Rhode Island – Mansion Global

A Look at Four Multimillion-Dollar Estates with Helipads – Bloomberg

San Francisco’s Most-Expensive Home of 2016 is… – SFGate

Sprawling Florida Equestrian Compound on the Market for $45 Million – Mansion Global

Taboo of the Black Eyed Peas Sells Altadena Home for Over the Asking Price – Los Angeles Times

Top 15 Residential Real Estate Sales of 2016 – Observer

A Luxe Colorado Ranch Hits the Market for $28.5 Million – Mansion Global

Top Perkins’s Penthouse in Sinking Millennium Tower Sells – Wall Street Journal

10 Ultimate Waterfront Homes We’re Coveting Now – Elle Decor

A Modernist’s Dream Estate in South Africa with Unparalleled Views – Mansion Global

House Hunting in… Lithuania – The New York Times

This Real Housewives Star is Selling Her $2.9 Million California Home – Architectural Digest

Canal Bank: A Gated Area Near Beijing with Unrivaled Access to Green Space – Mansion Global

Sotheby’s Auction House | Alexander Hamilton’s Family Archive – Sotheby’s International Realty

For last week’s Real Estate Headlines, click here.

Carry the Torch | Swim to Success

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Swimming at the Summer Games ranks highly among fans and spectators as one of the most highly anticipated competitions. Over the last few weeks, gold medalists Michael Phelps, Katie Ledecky, Katinka Hosszú, Simone Manuel and Lilly King captured the hearts and minds of the millions of viewers tuning into the events in Rio. Become a part of the action in this week’s installment of “Carry the Torch” and dive-in to these exclusive pools in some of the world’s most sought after locales.

California$4,999,900 USD | Carlsbad, California | Pacific Sotheby’s International Realty

Tucked away on the 14th hole of world-famous La Costa Golf Course, this home is meticulously and artfully designed. This sweeping Estate was created to capture the romance and mystique of the tropics while offering the excitement, texture and drama of sensational entertaining. Every detail has been carefully selected and crafted to fashion a setting of ultimate comfort, elegance, ease, intimacy and hospitality. The grounds include a masterfully designed, imported glass mosaic pool and spa.

BarbadosPrice Upon Request | St. James, Barbados | Barbados Sotheby’s International Realty

The Chummery Estate, originally built for the chairman of Macy’s, is the epitome of sophisticated and casually elegant island living. Features include a drawing and dining room overlooking the Junior Olympic size pool and a gourmet kitchen. The family room offers ample space as an office, a media room, or a cooling retreat on a warm summer day. The Chummery Estate represents one of the finest privately held botanical offerings on the Island of Barbados. The gardens were carefully planned and executed with precision; the perfect backdrop for strolling on the tranquil paths, or enjoying a cup of tea in the cooling Palm Thatched Hut.

ChinaPrice Upon Request | Beijing, China | Beijing Sotheby’s International Realty

The Powerful Mountain project is a masterpiece developed by the R & F Properties Group. The Powerful Mountain mansion is a detached single house, a truly astonishing and unrivaled estate in its scope and architectural form. The property is located at within the 2nd ring among the most-lively area in Beijing. The property’s inspiration comes from the Baroque Era, and is imprinted with the that signature sophistication, refinement and luxury. The house is completed by an indoor swimming pool, wine cellar and screen room.

BrazilR$ 28.000.000 BRL | Rio de Janeiro, Brazil | Boss Nova Sotheby’s International Realty

Located in Costa Verde and fully integrated into the local nature of Portobello Resort & Safari, this contemporary residence offers ample entertaining spaces both indoor and out. Also featured on this property is a swimming pool, underground wine cellar for 3,000 bottles and tasting room, spa with heated Jacuzzi, steam room, massage room, fitness center with sound system and a tennis court with separate dressing room.

Spain18.900.000 € EUR | Mallorca, Spain | Mallorca Sotheby’s International Realty

This property is located in the exclusive residential area “Las Brisas” in Port Andratx. The main house comprises a dining room and living area with fireplace and representative library. The striking villa features an outdoor pool area accessible from all ground-floor rooms as well as an indoor one. The home also offers a cinema, an entertainment area with bar, wine cellar, staff area and two guest apartments.

See the rest of our “Carry The Torch: Homes Fit for the Summer Games” Series

Sotheby’s Institute of Art | Art Repatriation in China

Art repatriation is just one example of the key art world issues you can learn about at Sotheby’s Institute. In this exclusive video, Dr Iain Robertson, head of art business at Sotheby’s Institute in London, looks at the cases of the so-called Elgin Marbles and the 1860 looting of Beijing’s Old Summer Palace, charting the journey of two bronze animal heads which, in 2009, made it back to their country of origin.

About Sotheby’s Institute of Art3rd

Sotheby’s Institute of Art is The Graduate School of Art and its Markets. Evolving from a small connoisseurship program started by Sotheby’s Auction House in 1969, Sotheby’s Institute is now the foremost leader in art business education and object-based learning. Its global faculty represent the best of almost every facet of the art world, helping students decipher and master the unique forces at play at the intersection of art and commerce.

With campuses in the cultural capitals of London, New York and Los Angeles, Sotheby’s Institute offers graduate level programs that have become more relevant than ever in an art world that is constantly seeking individuals with art historical scholarship and business acumen. Besides Master’s degrees, Sotheby’s Institute offers programs of study such as summer classes, 15-week semester courses, online learning and executive education. Sotheby’s Institute of Art’s programs provide the knowledge and credentials needed to achieve success in today’s worldwide art markets and cultural institutions.

Luxury Real Estate Headlines: First Week in July 2016

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

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¥1,000,000,000 CNY | Beijing, China | Beijing Sotheby’s International Realty

“A newly built garden home in Suzhou, China, has just hit the market with an asking price of 1 billion Chinese yuan, an equivalent of $154 million, setting a price record in China.”

Most Expensive Luxury Home in China Listed for $154 Million – Mansion Global

Eight of Connecticut’s Thimble Islands List for $78 Million – Wall Street Journal

‘School of Rock’s’ Tony Cavalero Lists His Hip House in Laurel Canyon for Sale – Los Angeles Times

Five Properties with Fruit Gardens – Financial Times

Sotheby’s International Realty Pairs Artists and Homes to Showcase the Extraordinary – Luxury Daily

The Palace of Versailles Meets the Lourve – in Melbourne – Mansion Global

A Classic Cottage in the Berkshires – Wall Street Journal

House of the Day: Craftsman Charmer in Pasadena’s Historic Bungalow Heaven – Los Angeles Times

The Notting Hill of Ibiza – The Telegraph

House Hunting in… the Netherlands – The New York Times

Grammy-winning Record Producers Stargate Buy a Modern Sanctuary in Venice – Los Angeles Times

Italy’s Islands Lost in Time – Financial Times

Should Be Business As Usual for Brits Buying Property in the EU – PropertyWire

RM Sotheby’s Set to Auction First-Ever Shelby Cobra – CNet

New and Notable Luxury Properties for Sale | January 2016

From a preserved historic property in Beijing to a mountain chalet compound in Switzerland, this month’s collection of exceptional properties for sale feature homes from some of the world’s finest locales.

China¥600,000,000 CNY | Beijing, China | Beijing Sotheby’s International Realty

The Class I key preservation zone of Beijing’s downtown area is rich in historical and cultural heritage. This property features a unique courtyard with a traditional artist painting from the landmark Forbidden City, modern interior decor, central air-conditioning, all floor heating, a both Chinese and Western-Inspired kitchen, sunken courtyard and inviting projected theater room.

Florida$55,000,000 USD | Palm Beach, Florida | Sotheby’s International Realty – Palm Beach Brokerage

Located in one of Florida’s most sought after destinations, this grand estate has six bedrooms and 11 baths in the main house and three bedrooms and three baths in the guest house. Meticulously designed and remarkably landscaped grounds surround the main house; some of the features offered are a wine cellar, movie theater, gym, sauna, steam room and five-car garage.

FrancePrice Upon Request | Cote D’Azur, France | Côte d’Azur Sotheby’s International Realty

This property is located in the village of Beaulieu sur Mer which forms part of the area known locally as the “Golden triangle’. The villa is set over three principal levels; offering spacious family accommodation and including both an interior and exterior swimming pool, there are six bedrooms with bathrooms en suite, a fully equipped professional kitchen, an office and a large living room. From the living room you exit onto the terrace and gardens leading to the swimming pool where you also will find a BBQ, summer kitchen and storage room. There is also a cellar and cold storage room in the lower levels and, to complete this extraordinary property, the garage is fit for at least ten cars with a turntable to assist the entry and exit of the cars.

AustraliaPrice Upon Request | New South Wales, Australia | Sydney Sotheby’s International Realty

Boasting one of the most incredible positions on Middle Harbour and qualifying as one of the largest waterfront holdings in Mosman, this impressive, magnificently appointed residence offers a rare opportunity. 38 Bay Street is an architectural masterpiece sitting on approximately 1514 square meters of gentle sloping land that stretches down to the water with private boat shed and jetty. Walls of glass highlight multiple living and entertaining areas, a central courtyard, a full separate master wing with walk in dressing room and ensuite that flows to a massive outdoor terrace with private spa.

SwitzerlandPrice Upon Request | Valais, Switzerland | Cardis Immobilier Sotheby’s International Realty

This unique property in the Swiss Alps spans over 2,000 square meters of mountainside featuring a master chalet, an entertainment chalet and a guest chalet with a spa and leisure complex that rivals those offered in most luxury resorts. It consists of a 25 meter pool, Turkish bath, sauna, jacuzzi, gym, massage and treatment rooms among other amenities. The property also features an impressive garage for housing up to ten cars.

View Newly Listed Luxury Properties for Sale >

New & Notable Luxury Properties for Sale | December 2015

Beginning with a prestigious gated estate in New Jersey to a sprawling mountain manor in Switzerland, this month’s collection of exceptional properties for sale features homes in some of the world’s most sought after destinations.

New Jersey$27,800,000 USD | Alpine, New Jersey | Prominent Properties Sotheby’s International Realty

New Jersey – Located in the prestigious and private gated Estates at Alpine, this magnificent estate home, among the most preeminent and elegant of its kind, is located on almost 13 acres. Only minutes from Manhattan, the estate includes a 13,000 square-foot English Manor-style residence, a carriage house, English gardens, aviary and a private stocked pond. Renovated twenty-five years ago, this home, with its classic Palladian influences, now affords the extraordinary opportunity to make it your own.

St. BarthPrice Upon Request | St. Barthelemy | St. Barth Sotheby’s International Realty

St. Barthelemy – Gouverneur Views is the combination of three villas; Villa Mirage is a three bedroom home with an oversized infinity pool and expansive pool deck, Villa Boudoir is one bedroom with an open-air kitchenette and a bar located on the pool terrace and Villa Reflet de la Mer is a gorgeous two bedroom villa that offers a contemporary take on traditional West Indies design and a breathtaking view of Gouverneur Beach. The pool is the focal point of the outdoor living space and the villas are just a short drive to pristine Gouverneur Beach and close to Gustavia’s shops and restaurants.

Beijing¥350,000,000 CNY | Beijing, China | Beijing Sotheby’s International Realty

Beijing – The Powerful Mountain project is a quintessential masterpiece developed by R & F Properties Group. The mansion is a detached single house, a truly astonishing unrivaled estate in its scope and architectural form. The property is located within the second ring, the most lively area in Beijing. Inspired by the Baroque Era and imprinted with its signature sophistication, refinement and luxury, this home is surrounded by a Baroque garden and is completed by a indoor swimming pool, wine cellar and home theater.

Israel₪ 160,000,000 ILS | Tel Aviv, Israel | Israel Sotheby’s International Realty

Tel Aviv – Located at the top of one of Tel Aviv’s best residential properties is The Penthouse, an over 16,000 square-foot residence surrounded by sea and skyline views. This masterful and magnificent redevelopment is set within the 19th-century buildings that once housed Jaffa’s French Hospital. Mindful of its heritage as one of Tel Aviv’s iconic historic landmarks, the project seamlessly blends the W Hotels’ signature amenities with architectural features from the original building. Designed by world-renowned architect John Pawson in collaboration with local architect Ramy Gill, the duo tastefully transformed the 2,000-year-old historic foundations uncovered during the construction into inviting public spaces. All of the residences are located in the newly constructed wing adjacent to the main hotel building with a private entrance and easy access to the diverse, high-quality services and amenities at the W Tel Aviv.

SwitzerlandPrice Upon Request | Geneva, Switzerland | Cardis Immobilier Sotheby’s International Realty

Geneva – This manor estate is surrounded by eight hectares of beautiful grounds. The property is remarkable for its absolute tranquility, unobstructed view of the Alps and the peak of Mont Blanc, and exceptional spaciousness. The property includes a number of leisure areas such as a private nine-hole golf course, a pool with pool house, a tennis court, a bowling court and a playground area in the woods with chalet. The house offers almost 1,000 square meters of habitable floor area and a basement.

View Newly Listed Luxury Properties for Sale

Luxury Lifestyles | Classic or Modern: Choosing Metropolitan

Architecture speaks to more than a residential style. It represents a lifestyle. In cities around the world, historic homes and newly constructed homes share the same zip codes and preside over the same streetscapes, but buyers ask very different experiences of these two residential styles.

The definition of urban contemporary is ever changing, one that evolves with every new iteration in technology, engineering, and design. It is rooted in the now. Historic is rooted in its time.

Storied Properties

NewOrleans$2,950,000 USD | New Orleans, Louisiana | Dorian Bennet Sotheby’s International Realty

Some cities are distinguished by their classic architecture such as the antebellum homes of New Orleans and Savannah, or the Victorian, Edwardian and Art Deco properties in San Francisco.

“San Francisco is a geographically small city which prizes its distinctive architectural heritage,” says Gregg Lynn, senior global real estate advisor at Sotheby’s International Realty in San Francisco. “Neighborhoods employ aggressive ordinances to preserve this historic fabric, creating an environment in which there are few options for new construction homes.” Many of the city’s historic properties are well located, near or with views of San Francisco landmarks that locals hold dear, which can increase the value of a residence by more than $1 million. Older properties have intrinsic story value, too. “In San Francisco, real estate drives pop culture. Restoring or living in a historic home provides homeowners with the ability to participate in real estate story-telling, which is an essential part of San Francisco’s community dialogue,” Lynn says.

sanfrancisco$8,995,000 USD | San Francisco, California | Decker Bullock Sotheby’s International Realty

Vintage homeowners see themselves as temporary guardians, accepting the responsibility that preservation comes with the property title.

Historic homes are smaller in scale than new construction, typically not more than for or six stories for those built in pre-elevator days. “The smaller scale building equals a stronger bond between the neighbors in that building and a more direct physical connection with the street itself,” says Jeremy Robertson, an associate at Hacin + Associates, a Boston-based architectural firm that specializes in historic restoration. “That scale of a building is very attractive in the higher end market.”

Homeowners hire companies like Hacin + Associates for the way they contrast and interact contemporary design with a structure’s traditional detailing. “We respond to the existing aesthetic, and this gives us a richer palette in the end. We really love to play off of that,” Robertson says.

That contrast and interaction manifests when modern kitchens, wine rooms, bathroom spas, even elevators are installed in traditional spaces. “It clearly costs more per square foot to do these rehab projects than new construction would be. But owners appreciate the inherent qualities of older structures and are willing to pay a premium for that experience,” says Robertson. It also requires patience. Both renovations and approvals by historic landmark committees can be slow processes.

Beijing¥130,000,000 CNY | Beijing, China | Beijing Sotheby’s International Realty

American cities define historic as a century or two old. In ancient cities like Beijing, residences can have a history more than 2,000 years old. The most noted historic style is referred to as the siheyuan or Beijing courtyard garden house, a walled compound that surrounds an open courtyard.

This architectural style has been used for temples, palaces and government offices as well as for residences of the wealthy. Kevin Corbett, CEO of Beijing Sotheby’s International Realty, calls it the “cultural symbol of Beijing,” since it is the most prevalent traditional Chinese-style home in the city. These ornately decorated residences are generally the most expensive homes in the capital, in part because of their desirable locations in the city’s urban core, near historic sites like Tiananmen Square and because they can never be replaced with modern architecture.

Courtyard residences can range from $10 million to $100 million and yet, Corbett says, they “are recession proof” and unlikely to “ever lose value.” For those whose urban lifestyle includes frequent entertaining, they are an ideal fit. At the same time, the ancient city is seeing a boon in modern construction fueled by a rising wealthy class and influx of international elite. Many developments are part of master-planned communities that offer the conveniences of urban living such as onsite shopping, restaurants and entertainment all within reach.

Modern Amenities

If some cities like San Francisco, Boston and Beijing are known for their historic housing stock, global cities like Dubai, United Arab Emirates, are at the opposite end of the spectrum. In Dubai, vintage construction simply doesn’t exist. The oldest buildings date back decades–to the 1980s–not centuries and even those are “far and few between,” says Amy Brown of Dubai Sotheby’s International Realty. Ultra modern skyscrapers and sparkling new villas are a “mix of styles from around the world with a European focus.”

Dubai18,000,000 د.إ AED | Dubai | Gulf Sotheby’s International Realty

International buyers investing in luxury second homes and pied-à-terre apartments gravitate to low maintenance, high-tech residences. And, of course, that appeal readily extends to primary urban residences where developers of new projects are outdoing themselves in a race to offer the most extravagant perks. Condominiums with blue-chip art in common spaces, on-site offices for work-from-home entrepreneurs, room service, lap pools, children’s playrooms and sky garages are about the ultimate in convenience and creature comforts. If historic homes are more likely to tie residents to their neighborhoods, new high rises offer a lifestyle above and beyond.

Discover more homes in some of the world’s most sought after Metropolitan Destinations on sir.com

Article provided by Iyna Bort Caruso exclusively for Sotheby’s International Realty®

Beijing | Market Spotlight

Beijing¥43,000,000 CNY | Beijing, China | Beijing Sotheby’s International Realty

“Since our grand opening in October 2014, Beijing Sotheby’s International Realty has been attracting the attention of leaders in China’s luxury real estate industry. From top developers to leading real estate brokers, the power and global reach of the Sotheby’s International Realty brand is causing a paradigm shift with how homeowners list exclusive properties in Beijing. We are already starting to see increased interest by overseas buyers who see opportunity with the recent weakening of the Chinese economy and depreciation of the Yuan. Most recently, Beijing Sotheby’s International Realty secured exclusive representation for a traditional Courtyard Garden home or Siheyuan (“Four Sided Garden”), the historic symbol of old Beijing. With architectural roots that date back over 1,000 years, these ancient residences are being restored and selling for record prices. This 17,000 square foot historic home is fully updated with modern amenities, beautifully preserved ancient rosewood architecture and situated in the center of Beijing – just blocks from Beijing’s Palace Museum. The seller has listed this treasure exclusively with Beijing Sotheby’s International Realty for $79 million (USD).” – Yu Tao, Senior Manager, Beijing Sotheby’s International Realty