Sotheby’s finest & rarest wines achieve high prices

  Sotheby’s two wine auctions achieved a combined total of HK$35.2 million / US$4.5 million, exceeding the combined pre-sale estimate (HK$26 million / US$3.4 million). The top lots for each sale were Romanée-Conti 1989 (1 methuselah - 6 liters) which sold for HK$875,000 / US$112,179 (Est. HK$500,000 - 800,000 / US$65,000 – 100,000), and Hermitage La Chapelle, Paul Jaboulet Aîné 1961 (6 bottles) which fetched HK$735,000 / US$94,231 (Est. HK$280,000 – 380,000 / 35,000 – 50,000) respe … [Read more...]

Victory City

As one of several Asian nations enjoying highly favourable economic growth rates, Indonesia is increasingly appearing on the international investment radar. Southeast Asia’s largest economy continues to show a positive outlook for real estate investors, with a growing number of high net worth individuals contributing to a boom in Jakarta’s luxury condominium market. The Indonesian capital has seen significant price increases at the luxury end of the property market this year. According to … [Read more...]

Sotheby’s to Present Finest & Rarest Wines

Sotheby’s is pleased to announce the second auction of its September Wine Sale Series - Finest and Rarest Wines, Including Hermitage La Chapelle 1949 - 2010 And Château La Lagune 1958 - 2010 Direct From The Cellars - to be held on 7 September at Sotheby’s Hong Kong Gallery, immediately following the sale of an important private collection, Only DRC – A Private Cellar Of Domaine De La Romanée-Conti, on the same day (see separate release). The sale totals 760 lots estimated at HK$15 – 22 million / … [Read more...]

Investors’ Best Friend

Not only do they last forever, diamonds also yield a remarkable pricing zeal proven to be recession-proof. It is present at your life’s biggest moments – engagement and wedding – and still probably wrapped around your ring finger for all these years. No matter how big or small they are, diamonds are a form of investment that not many are aware of. Some may have heard the term “Blood Diamond” – starred by Leonardo Dicaprio in a film back in 2000s – but then again when one is asked about the … [Read more...]

Sip, Swirl and Sell

If you’re looking for a crisis-proof investment that’s practically easy to do, red wines happen to retain not only good taste, but also good money as time goes on. Wine as part of drinking habits is now inseparable to those growing countries in Asia. The better economy proves that more palates demand higher quality, taste and, ultimately, brands. And this is where exactly fine wine investment chips in... Bottling up big profit in the disguise – or real facets sometimes – of all the three e … [Read more...]

Putting the ‘Sure’ in Insurance to Plan Ahead

Life insurance is indeed the cornerstone of financial planning. Not only does having a life insurance policy provide economic protection against unfavorable events, but no less important, it is a source of funds to secure a financial future. For those having a family that depends on their income, the policy allows the family to use the proceeds to help replace the policy holder’s income and eliminate his or her debt if something happens to the bread winner. Regardless of one’s quality of l … [Read more...]

Dazzling Diamonds

Unveiling the sparkling jewelries that yield a remarkable investment “Diamonds are forever” was not said without a reason. A diamond has a far-fetched physical endurance that could make it last perpetually. Compared to other luxurious goods, such as cars and houses, diamonds have more intrinsic value as these pieces of jewelry will not loose their shape, color and shining spark. From the perspective of natural resources, diamond’s stocks are very limited. Diamonds are getting rare. So, t … [Read more...]

Luxury to Last

HighEnd discovers the hidden treasures in the newest collection of rare pearls. With countless years of experience in jewelry industry, Tia Goldsmith shows a glitter array of fine jewelry masterpieces displayed in the Mondial Store at Marina Bay Sands, Singapore. This chain store is operated under the management of Mondial Jeweler, a Singapore based leading jewelry company in Southeast Asia, which has established its presence with stores opened in the island city-state and … [Read more...]

Spreading Wings

President and chief executive officer of International Dairy Queen sees Indonesia as a lucrative market amidst the company’s market expansion in Asia. The US based Dairy Queen (DQ), a chain of soft serve and fast food restaurants, has since 1991 entered the Asian market and is now growing rapidly. “In fact, we just opened our 500th store in China this year. As for Indonesia, the country offers ample space to grow, as we are opening our first store in Bali this July. Our franchisee hopes to ope … [Read more...]

The Rising Dom

Dom Pérignon, one of the world’s most sought after champagne labels, has the tendency to appreciate owing to the brand’s historical value and high rated vintage.    The Rolls Royce among the champagne labels available in the market, Dom Pérignon is the fizz of long-term performances worth an investment, according to Jean Berchon, vice president of Corporate Communication at Moët & Chandon, a prominent champagne house that produces Dom Pérignon. “Apart from the increasing popular dem … [Read more...]