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?
About:
Wei Min Tan is a Manhattan, New York property broker focusing on global investors of Manhattan condominiums. Wei Min has been interviewed by CNBC, CNN, Wall Street Journal and New York Times on the Manhattan property market. Wei Min can be reached at tan@castle-avenue.com
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