The metric prime property hasn't priced in yet.
Two homes. Same square footage. Completely different world.
The difference? Ceiling height. Volume. The way a space feels the moment you walk in.
Prime central London property has been valued the same way for decades. Floor area, price per square foot. But the most sophisticated buyers in the luxury property market aren't just purchasing space anymore. They're purchasing presence.
Super prime real estate is evolving. High net worth and ultra high net worth buyers aren't reading floor plans the same way. Light, volume, height. The things that don't show up on a spec sheet but define how a home actually lives.
Cubic square feet. That's the next frontier of luxury real estate. And like every shift in the prime property market. The market always catches up.
The first to understand it will define the next cycle.
#LuxuryRealEstate #PrimePerspective