Foreign Property News | Posted by Hnin Ei Khin
This hot desert area has not seen rain in five centuries and it’s so dry it’s gained a reputation for its record-breaking lack of precipitation. The Atacama Desert, in Chile, is the driest non-polar desert on Earth and it’s also the site of a rare phenomenon. Spanning over 600 miles along the Pacific Coast of South America, it is one of the most extreme landscapes on the planet. Some areas of the desert have received zero rainfall throughout recorded history, making the Atacama Desert the driest place on Earth. In other areas of the desert where tiny amounts of rainfall have occurred over the years, a rare phenomenon has taken place. (The desert spans over...
Foreign Property News | Posted by Aye Myat Thu
The concept of markets has existed for centuries. From the barter system to exchanging currency, markets have always been an important part of human civilisation. You’ve likely heard of fruit markets, vegetable markets, clothing markets, stationery streets, and electronics markets. But these days, one unusual market is grabbing attention for a very different reason. There are also unique places known as groom-bride markets, where people come in search of a life partner. People come and collect bags full of notes. But why is there a need to buy currency in this region? Somaliland broke away from Somalia but has yet to gain international recognition as an independent country. Its...
Foreign Property News | Posted by Aye Myat Thu
WHAT began as a dream of marital bliss has turned into a nightmare for a Malaysian woman who now works three jobs just to stay afloat —while her husband refuses to work and continues depending on her financially. In a heartbreaking post shared on social media and reported by mStar, the woman, who remains anonymous, revealed how her life spiraled after her husband abruptly resigned from his stable job paying over RM3,000 a month shortly after they tied the knot. Without her knowledge, he poured his entire savings into a family-run business that eventually failed, plunging the couple into severe debt. Their financial struggles grew so intense that they were forced to seek help from...
Foreign Property News | Posted by Zarni Kyaw
A retired teacher from Kuala Lumpur has struck it big, winning more than RM6.7 million by betting on his late father’s car number plate and the number of their former home. On December 29, multiple Da Ma Cai Jackpot and Bonus prizes were claimed across various locations, totaling RM9.04 million in winnings. The retired teacher, who won the 1+3D Jackpot 1 prize of RM6,777,807, revealed his plans to use the money to renovate his family home and set up a fund for underprivileged students. “As an educator, I believe education creates opportunities that shape individuals and enhance the community’s wellbeing. "Every child deserves access to quality education, and I’m...
Foreign Property News | Posted by Aye Myat Thu
London councils and housing companies they own have spent more than £140m buying up homes to relocate homeless people out of the city. More than a dozen councils in the capital have collectively spent millions buying up more than 850 properties in towns and cities across England since 2017, Guardian analysis of property ownership data found. The homes are either owned directly by councils or by companies they partly or wholly own. They are used to house homeless individuals and families, either temporarily in emergency accommodation or permanently in privately rented homes. Most of the homes are in deprived areas in the south-east and east of England that are already under huge...
Foreign Property News | Posted by Hnin Ei Khin
A court in eastern China ruled that a woman must pay her upstairs neighbour 19,600 yuan (US$2,750) after she took drastic measures to retaliate against what she perceived as his noisy lifestyle. The man who owns the upstairs flat, surnamed Zhang, filed a lawsuit after the woman attempted to restrict him from performing basic night-time activities, including using the toilet, due to her heightened sensitivity to noise. The woman, surnamed Wang, lived on the first floor of a residential block in Zhejiang province, and she is accused of making loud noises in revenge for her neighbour’s perceived sound violations. As reported by Jiupai News, the upstairs neighbour took significant...
Foreign Property News | Posted by Shwe Zin Win
In the job market where fresh graduates and college pass-outs are trying hard for internship opportunities to break into their careers, one Mumbai-based listing has become the internet's latest comedy gold. An internship for backend developers at Falcon Labs popped up on Naukri.com, with everything seeming fine at first glance. That is, until readers spotted the stipend, "₹10 per month". Yes, ten rupees. Roughly the cost of a cutting chai, or if you're optimistic, one single momo with no chutney. Let us know! 👂 What type of content would you like to see from us this year? —iMyanmarHouse.com While unpaid internships are common (and not usually preferred), this one took the...
Foreign Property News | Posted by Shwe Zin Win
Mohamed Salah granted the wish of millions of Liverpool fans worldwide on Friday morning when the club revealed he had signed a new deal. The Egyptian superstar has been tearing up the record books ever since joining the Reds for a then-record £39million from Italian club Roma in 2017. His first contract at Anfield saw him bank £90,000 per week. He's now set to earn around £380,000 every seven days, or nearly £25million per year. Almost eight years on from joining, Liverpool has become a second home to Salah, who has been christened the 'Egyptian King' by doting fans on Merseyside. By his side is wife Magi, who he has known since childhood and married in 2013,...
Foreign Property News | Posted by Shwe Zin Win
The Italian coach, one of the most successful in the history of Real Madrid, has lived in the Spanish capital for years. Carlo Ancelotti, with a successful career both as a player and coach, is one of the most successful managers in Real Madrid 's history . With several Champions League titles under his belt, he is currently a key figure at the club. The Italian coach hides several interesting facts about his life as a footballer and coach that not everyone knows. Find out where Carlo Ancelotti lives and other details about his career. Where does Carlo Ancelotti live? Carlo Ancelotti has chosen La Moraleja as one of his main retreats in Madrid. This exclusive residential area is known...
Foreign Property News | Posted by Shwe Zin Win
HPL buys Concorde Hotel & Shopping Mall for $821 mil in largest en bloc deal of 2024 Luxury Peak Pte Ltd, a wholly owned subsidiary of Hotel Properties Ltd (HPL), has acquired Concorde Hotel en bloc for $821 million – paying $1 million above the guide price of $820 million when the site was launched for tender on Sept 3. The sale price of $821 million works out to $1,804 psf per plot ratio (ppr), including the applicable land betterment charge payable of $213 million based on a redevelopment scheme comprising 40% hotel, 40% residential and 20% commercial use. HPL already owns 95.4% of the strata area of the property: the 407-room Concorde Hotel on the fourth to ninth floors of...