One of the priciest homes in Malibu, this property, on the market for US$60 million, has caught the eye of a potential Chinese buyer. The ballroom is a focal point; the arched doorway on one side is encrusted with a million seashells. Photo: John Aaroe Group

Hong Kong and China buyers shun historic US homes for new, hi-tech ones

Latest, newest, greatest is the mantra these days for most wealthy Chinese property buyers, who want to be the first to live in the homes they purchase. Agents have had to adjust to their changing tastes

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One of the priciest homes in Malibu, this property, on the market for US$60 million, has caught the eye of a potential Chinese buyer. The ballroom is a focal point; the arched doorway on one side is encrusted with a million seashells. Photo: John Aaroe Group
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