Foreign Property News | Posted by Hnin Ei Khin
In March 2023, Gov. Gavin Newsom stood before a crowd in Sacramento’s Cal Expo event center and made a promise: He’d send 1,200 tiny homes to shelter homeless residents in the capital city and three other places throughout the state. The move was part of Newsom’s push to improve the homelessness crisis by quickly moving people out of encampments and into more stable environments. But more than a year later, none of those tiny homes have welcomed a single resident. Only about 150 have even been purchased. Irontown Modular, one of six vendors the state chose to supply the tiny homes in Sacramento, San Jose, Los Angeles and San Diego County, is “absolutely...
Foreign Property News | Posted by Shwe Zin Win
Jim Carrey's luxurious Los Angeles estate is still on the market, and the price has dropped again for the third time in more than a year. In February 2023, the Oscar-winning actor listed his 11,000-square-foot home for $28.9 million, but he reduced the price to $27 million two months later. In October, the price dropped to $24 million. (Jim Carrey first listed his 11,000-square-foot home for $28.9 million in February 2023. Todd Goodman / LA Light for Sotheby’s International Realty / Fox News) Last week, the property was listed for $21.9 million. (Jim Carrey announced his retirement in 2022. Getty Images / File) Built in 1951, the five-bedroom,...
Foreign Property News | Posted by Si Thu Aung
AN IMPOSING country home with its own miniature railway running around its garden is on the market for £1.395m. Foxcombe House was built for Graham and Wendy Miles in 1999 and then eight years later railway enthusiast Mr Miles started building a track with the help of his son. (Foxcombe House was built for Graham and Wendy Miles in 1999.Credit: BNPS) (The five-inch gauge railway currently has a battery-operated locomotive and a steam locomotive.Credit: BNPS) (The couple's grandchildren, aged ten and six, have enjoyed running the trains around the garden.Credit: BNPS) (There is a pretty summerhouse in the garden which serves as the station.Credit:...
Foreign Property News | Posted by Zarni Kyaw
Wondering where the very best place is to live? According to just-released rankings from U.S. News & World Report, that honor goes to Naples, FL. Naples, with its white sandy beaches and glut of world-class golf courses, is a popular haven for retired “snowbirds” looking to escape the cold in the winter—but the lack of state income tax doesn’t hurt either. The South fared well in this year’s rankings, with locales in Texas, Alabama, and North and South Carolina taking five of the top 10 spots. Colorado’s clear air and mountain vistas claimed two top positions. What these top locations have in common is their relative affordability compared with...
Foreign Property News | Posted by Aye Myat Thu
Mukesh Ambani and Nita Ambani don't hold anything back when it comes to raising their children. The wealthiest man in India and the tenth richest person in the world, Mukesh Ambani, has the resources to lavish his children, Akash and Isha, the twins, and Anant, their younger brother, according to India Today. The wealthy couple recently spent around INR 1259 crore on Radhika Merchant and Anant Ambani's bachelorette party. Superstar Rihanna was paid between INR 66 and INR 74 crore for her performance. They are currently preparing to spend twice that amount on the July wedding. For his son Anant, Mukesh Ambani has purchased an opulent beachfront property in Dubai. As per the reports, this...
Foreign Property News | Posted by Hnin Ei Khin
Lukša Malohodžić is 27 and runs a successful business — life ought to be going his way. But he still lives with his mom and dad. He runs boat tours for wealthy tourists showing off the stunning Adriatic coast — keenly aware that he can't afford life there.Like vast numbers of Croatian millennials, he's yet to fly the nest, and doesn't see it happening soon. Seated at a café in Dubrovnik's Old Town in mid-April, he reflected on the situation. "You begin to think, 'I really ought to change this,' but what can you do?" According to Eurostat, the EU statistical office, the average Croatian leaves their parents' home at over 33 years of age, its highest...
Foreign Property News | Posted by Shwe Zin Win
The Tuscany house revamped by Amanda Holden and Alan Carr on their BBC's Italian Show has been reportedly sold for an eye-watering sum. The house that the TV duo restored from scratch, which was bought for €1 (85p), has been sold for the staggering amount of £187,777 after two months it was listed on the market. In the show, BGT judge Amanda, 52, and the comedian, 47, are seen joining forces as they bring crumbling homes back to life, and all the proceeds go to Children in Need and Comic Relief. The now-stunning home, located in the gorgeous central region of Italy, had an impressive makeover transforming the 17th century, three-storey house into a dream home boasting the...
Foreign Property News | Posted by Si Thu Aung
From Canada’s province of Manitoba comes the story of how dozens of volunteers succeeded when presented with a mammoth logistical challenge: giving away 12 million pounds of potatoes. There are bumper crops, and then there’s whatever happened on Isaiah Hofer’s Manitoba farm last year. Potatoes were coming out of the ground in such numbers that after fulfilling all his normal deliveries and quotas, Hofner still had 10 million pounds of potatoes left. “[P]eople that have been in this industry for the last 40 years, they’ve never seen something like this,” said Hofer. “We had at least almost 100,000 bags of surplus potatoes. In potato language, a...
Foreign Property News | Posted by Zarni Kyaw
Saudi retail magnate Fawaz Al Hokair has drastically slashed the price of his pristine 432 Park Ave. penthouse to a cool $105 million, The Post has learned. This staggering reduction comes after nearly three years of trying to unload the opulent pad, originally listed for a higher $169 million. Al Hokair, who scooped up the 8,200-square-foot residence in 2016 for $87.66 million, has never spent a single night in the Billionaires’ Row aerie, meaning it comes in mint condition. (The home occupies 8,200 square feet.Douglas Elliman) (The kitchen.Douglas Elliman) Back then, his purchase was one of the highest-priced deals for a New York residence. This listing...
Foreign Property News | Posted by Aye Myat Thu
MANCHESTER United co-owner Sir Jim Ratcliffe has won an 18 month planning battle after a neighbour row over beehives and a tennis court. The 71-year-old billionaire had faced accusations he was turning his seven acre waterside property in Hampshire's New Forest into an "industrial site". (Sir Jim Ratcliffe was involved in an 18-month planning battle.Credit: AFP) (He applied for retrospective planning permission for his property in Hampshire's New Forest.Credit: Solent) (Sir Jim recently became co-owner at Prem giants Manchester United) Sir Jim, 71, who owns chemical giant Ineos and recently bought 25 per cent of shares in Manchester...