Despite 2017 marking a bull run of top-end sales in the $20 million-plus range, this year is the first time in five years in which there hasn’t been a single trophy sale to a foreign buyer, to date.
The last was the Point Piper waterfront home of luxury car importer Neville Crichton which exchanged a year ago for $60.66 million with Foreign Investment Review Board approval to Andy Wenlei Song. In 2015 there was the $27 million purchase in Rose Bay by British barrister Georgina Black and her husband, Telereal Trillium chief Graham Edwards.
Singaporean tycoon C.K.Ow already has strong interest from buyers in China and New York. Photo: Supplied
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