Ultra-prime Sydney outperforms in pandemic
Sydney's priciest properties are maintaining their safe-haven status, with new data showing it was the only city in 12 top global markets to record an increase in sales worth more $US10 million ($14 million) over the course of the COVID-19 pandemic to date.
Crown Resorts' $2 billion tower at One Barangaroo offers some of Sydney's most expensive real estate. Photo: Knight Frank (Image source: Shutterstock.com)
Sydney's priciest properties are maintaining their safe-haven status, with new data showing it was the only one of 12 top global markets to record an increase in sales worth more $US10 million ($14 million) over the course of the COVID-19 pandemic to date.
New research from Knight Frank analysed 153 transactions above $US10 million in 12 globally-significant cities, with Sydney emerging as the standout performer.
While super-prime transactions …
