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09 December 2024

Daily Newsletter

09 December 2024

Toll Brothers announces The Cove at Encinitas community in California

The homes at the community will range from 1,600² to more than 4,000ft², with three to five bedrooms.

Srivani Venna December 06 2024

Luxury homes builder Toll Brothers has announced the development of a new community, The Cove at Encinitas, in California, US.

This exclusive neighbourhood will feature 42 homes and is set to open in early 2025. It will offer a range of distinctive floor plans, including single- and two-storey designs.

The homes will range from 1,600² to more than 4,000ft², with three to five bedrooms and approximately three to six baths.

Architectural styles at The Cove at Encinitas will include coastal contemporary, modern craftsman, and farmhouse.

Each home with an open-concept layout will feature a spacious kitchen and casual dining space, along with unique bonus spaces.

Homebuyers will have access to the Toll Brothers Design Studio, where they can personalise their homes with the help of professional design consultants.

Toll Brothers Southern California division president Brad Hare said: “We are excited to bring this intimate enclave of luxury homes to the desirable coastal city of Encinitas.

“With its prime location near the beach and exceptional design, The Cove at Encinitas will provide residents with the best of coastal living.”

Homes at the community will be priced from $3.2m.

Residents of The Cove at Encinitas will benefit from its proximity to South Ponto Beach, as well as cul-de-sac streets and two community pocket parks.

It is part of Toll Brothers' expansion in the San Diego area, which includes other developments such as Everly at Civita and Mira Vista.

China Construction Market Overview

GlobalData estimates the Chinese construction industry to record a growth in real terms of 2.9% in 2024, supported by investment in the infrastructure, and energy sectors. In October 2024, the government announced plans to allocate CNY200 billion ($27.9 billion) for major construction projects to support the country’s economy. However, a continued weakness in the residential sector and a fall in FDI and real-estate investment are expected to pose downside risks in the short to medium term.

China Construction Market Overview

GlobalData estimates the Chinese construction industry to record a growth in real terms of 2.9% in 2024, supported by investment in the infrastructure, and energy sectors. In October 2024, the government announced plans to allocate CNY200 billion ($27.9 billion) for major construction projects to support the country’s economy. However, a continued weakness in the residential sector and a fall in FDI and real-estate investment are expected to pose downside risks in the short to medium term.

China Construction Market Overview

GlobalData estimates the Chinese construction industry to record a growth in real terms of 2.9% in 2024, supported by investment in the infrastructure, and energy sectors. In October 2024, the government announced plans to allocate CNY200 billion ($27.9 billion) for major construction projects to support the country’s economy. However, a continued weakness in the residential sector and a fall in FDI and real-estate investment are expected to pose downside risks in the short to medium term.

China Construction Market Overview

GlobalData estimates the Chinese construction industry to record a growth in real terms of 2.9% in 2024, supported by investment in the infrastructure, and energy sectors. In October 2024, the government announced plans to allocate CNY200 billion ($27.9 billion) for major construction projects to support the country’s economy. However, a continued weakness in the residential sector and a fall in FDI and real-estate investment are expected to pose downside risks in the short to medium term.

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