Historical median price of a Manhattan residential condo increased from $425,000 in 1999 to $1.7 million in 2017. During the downturn period of 2017-2019, median price declined to $1.588 million. Median price in 2022 was $1.746 million, a new record surpassing even the 2017 level. In Q2’2026, median price was at $1.745 million.
Read the full Q2 market update here: Manhattan Condo Historical Price Trend
Manhattan, New York real estate, one of the world's best investments. Buying the right condo, renting out to tenants and eventually selling. By Weimin Tan, top Manhattan agent with media interviews by CNBC, CNN, New York Times, WSJ. Ex-Citibanker, originally from Malaysia, Manhattan resident since 1999, fitness enthusiast. tan@castle-avenue.com
Tuesday, July 28, 2026
Manhattan Condo Historical Price Trend
Wednesday, July 22, 2026
Top 5 Mistakes To Avoid When Investing In New York Property
Whenever I meet a new buyer client, especially a foreigner wanting to buy an apartment in Manhattan for rental income, the client often has certain pre-conceived ideas. This is understandable because it is impossible to understand a market from researching on Google from a few thousand miles away.
The pre-conceived ideas are as follows. Not necessarily good or bad, but without proper advise, they could be costly mistakes: Top 5 Mistakes To Avoid When Investing In New York Property
Monday, July 20, 2026
Why California Investors Are Diversifying into Manhattan Real Estate
For decades, California has created extraordinary wealth.
Technology, venture capital, entertainment, private equity and entrepreneurship have produced some of the world’s most successful investors and business owners.
Not surprisingly, many of those investors built substantial real estate portfolios close to home.
Today, however, I’m seeing a different conversation.
Read the full article here: Why California Investors Are Diversifying into Manhattan Real Estate
Friday, July 17, 2026
The 5 Manhattan Condominium Buildings I Would Buy Today
Every year, clients ask me the same question:
“If you were investing your own money in Manhattan today, which condominium building would you buy?”
It’s a fair question—but my answer is never based on which building is the newest or the most expensive.
The best Manhattan condominiums share a handful of characteristics: exceptional locations, timeless architecture, strong liquidity, and a quality that makes them desirable through multiple market cycles.
If I were buying a Manhattan condominium today with a long-term investment mindset, these are the five buildings I would seriously consider: The 5 Manhattan Condominium Buildings I Would Buy Today
Wednesday, July 15, 2026
The Ugly Truth About Buying New Development in Manhattan
Everyone loves new development.
Brand-new kitchens.
Resort-style amenities.
Beautiful sales galleries.
Glossy marketing brochures.
But after advising buyers in Manhattan for 20 years, I’ve learned that buying new development isn’t always the safest investment.
Some become iconic buildings.
Others quietly underperform.
Before paying the new development premium, here are five things every buyer should know: The Ugly Truth About Buying New Development in Manhattan
Monday, July 13, 2026
Manhattan vs London Real Estate: Where Should Asian Investors Put $10 Million?
Both offer political importance, strong legal systems, deep financial markets and limited supplies of prestigious residential property. Both also provide something that many Asian investors cannot obtain by purchasing another property in their home market: meaningful geographic and currency diversification.
But Manhattan and London are not interchangeable investments.
Read the full article here: Manhattan vs London Real Estate: Where Should Asian Investors Put $10 Million?
Wednesday, July 8, 2026
Why Many Asian Families Buy Property in Manhattan for Their Children
For many families, purchasing a home for a child studying or beginning a career in New York is about more than simply providing a place to live. It can also be part of a broader long-term financial strategy.
Over the years, I’ve noticed several common themes that influence these purchasing decisions: Why Many Asian Families Buy Property in Manhattan for Their Children
Should You Buy or Rent for Your Child Attending College in New York?
Every year, families whose children are attending college in New York ask the same question:
Should we buy an apartment, or should we simply rent?
There is no universal answer. The right decision depends on factors such as how long your child expects to remain in New York, your family’s financial objectives, and whether you view the purchase solely as housing or as a long-term investment.
Here’s a framework to help evaluate the decision: Should You Buy or Rent for Your Child Attending College in New York?



