Foreign Property News | Posted by Zarni Kyaw
A blockbuster deal backed by a Chinese commodities billionaire to purchase Far East Shopping Centre in the prime Orchard Road shopping district for about $908 million fell apart after plans for its redevelopment were rejected by the authorities, according to people with knowledge of the matter. The deal involved the purchase of Far East Shopping Centre in Singapore’s Orchard Road shopping belt by a firm connected to Chinese tycoon Du Shuanghua, the people said, asking not to be identified because the matter is private. It collapsed after the parties failed to get approval from the Urban Redevelopment Authority (URA), they added. The transaction was set to be Singapore’s...
Foreign Property News | Posted by Aye Myat Thu
Red Hot Chili Peppers bassist Michael “Flea” Balzary has relisted his striking-looking compound in La Crescenta, an unincorporated area just beyond Los Angeles. The alternative rock icon, 61, is seeking $6.99 million for the hilltop estate, significantly less than the $9.8 million he asked when he first listed it back early 2022, according to Robb Report. Despite the price reduction, the asking price is still much higher than the $4.3 million Flea paid the contemporary artists Lari Pittman and Roy Dowell for the compound back in 2018. (The estate measures in at 5.7 acres.Cameron Carothers – Carothers Photo) (Inside the address’s original...
Knowledge | Posted by Shwe Zin Win
A wealthy Jain couple from Gujarat has given away around ₹200 crore. Bhavesh Bhandari and his wife Jinal Bhandari handed over their life savings and luxury possessions after being inspired by their kids to “walk on the path of renunciation and salvation”. (Bhavesh Bhandari and his wife Jinal Bhandari gave their entire $24million fortune to charity to become monks.Credit: Twitter) (The couple had to throw away their entire life's savings and possessions during the procession.Credit: Twitter) (Hundreds of people turned up to see the wealthy couple and try to catch some of their goods.Credit: Twitter) 1. According to ABP, Bhavesh Bhandari is a resident of Gujarat who...
Foreign Property News | Posted by Si Thu Aung
Two of North Carolina’s most beloved animal attractions, Zootastic and Aloha Safari Park, are up for grabs, offering a rare opportunity for investors to enter the wildlife tourism industry.Zootastic, dubbed the largest privately owned and operated zoo in the state, boasts a staggering $16 million price tag. Meanwhile, Aloha Safari Park, renowned for its hands-on experiences, is being offered for approximately $4.5 million.The potential sale of these iconic zoos has stunned locals, as the facilities represent not just businesses, but cherished institutions deeply embedded in the hearts of North Carolinians. (Zootastic is situated on 186...
Foreign Property News | Posted by Aye Myat Thu
Sommeliers, breathe this in: a delightfully designed homestead that comes with a hobbyist vineyard. In College Station, Texas, a bucolic 10.5-acre estate featuring the 22-year-old Lone Hen Winery is set to hit the market for $1.25 million later this week, The Post has learned. That price tag includes the Hopes Creek Road property as it is, including the vines and wine equipment, as well as the main house and various outbuildings. (The 3-acre vineyard. James H. Ruiz Photography) (The home has more than 1,200 square feet of porches. James H. Ruiz Photography) (The main house was built in 1993. James H. Ruiz Photography) (The home...