ျပည္ပအိမ္ၿခံေျမသတင္းမ်ား

Want to live like Kim Kardashianand Kanye West? Well, you're in luck, because their $3.5 million Calabasas condo is up for grabs. The A-list pair have listed the 2,260 sq. ft. condo in downtown Calabasas after just two years of owning it. Perhaps this is because the duo primarily used it as an office space for their business, which continues to expand with fragrances, beauty lines and even shape-wear. Since the space functioned mainly as an office, the listing photos don't offer much to see beyond the main living space. However, one glimpse at the 3-bed, 4-bath listing is more than enough to recognize the minimalistic style the Kardashian-Wests are fond of. To achieve this look,...

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As of September 2019, Korea emerged as the major real estate investor in the Asia Pacific region, accumulating 35 percent of the alternative real estate investments made by Asian nations, reported Korea Times, citing a study published on Tuesday. Based on the data from global real estate services and investment firm CBRE and Korea Institute of Finance (KIF), Korea ranked the highest, followed by Singapore at 20 percent, Hong Kong at 14 percent, and Japan at 10 percent. In 2017, China accounted for 55 percent of the total investments in the region, followed by Singapore at 17 percent, Hong Kong at 14 percent, and Korea at only six percent. However, KIF warned its citizens that the rising...

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              SPH Reit Management, a Singaporean property investment trust, has acquired a 50 percent stake in Westfield Marion Shopping Centre in Australia for AUD670 million (USD460 million). Deal Street Asia reported that this could be the highest-priced shopping centre deal this year in South Australia. As the state’s biggest and only super-regional shopping centre, Westfield Marion has attracted 13.5 million visitors annually, boasting a 99.3 percent occupancy. It is situated 13 kilometres southwest of Adelaide’s Central Business District, encompassing 136,837 square metres of land area, with parking spaces for 5,549...

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Due to the US-China trade war and growing uncertainties in other countries, the residential property market in Japan has witnessed a 50 percent rise in foreign investments compared to a year ago, reported South China Morning Post. “I believe the interest of foreign investors in Japan property will grow further. We are having larger groups of investors becoming interested in the market… particularly in residential,” said Hideaki Suzuki, Cushman & Wakefield’s director and head of research and consulting in Japan. According to research published by Real Capital Analytics, a data analytics company focusing on property deals of over USD10 million, foreigners bought...

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Hitachi Asia and Frasers Property Group have each contributed USD50 million to accelerate the digital transformation of Asia-Pacific’s real estate sector within the next five years, reported Yahoo! Finance. Both companies signed a memorandum of understanding (MOU) that states their objective to digitise the real estate sector, primarily focusing first on Australia, Singapore, and Thailand. By 2025, Asia Pacific’s total addressable property market, excluding China and Japan, is expected to reach USD82 billion, revealed Hitachi’s research. Moreover, Hitachi Asia and Frasers Property Group have also been collaborating with other Japanese institutions to design a new...

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MAINBOARD-LISTED department store operator Metro Holdings, which also invests in real estate, has re-entered Australia with plans to take a minority stake in a property portfolio for A$95.8 million (S$89.5 million), under a joint venture agreement disclosed on Friday. Paying in a mix of internal cash resources and external borrowings, Metro will take a 20 per cent interest in the 14 freehold properties by subscribing for units in three property trusts, while regional property group Sim Lian will own the rest of the portfolio. Metro and Sim Lian have agreed to set up an asset management company to look after the portfolio of four office buildings and 10 malls, spread across Sydney,...

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If you’re sick of paying too much in rent for a tiny New York City apartment, you move into a stone building in Sicily for free. The mayor of the town of Cammarata, Vincenzo Giambrone, is trying to save his town from population decline. He plans to do so by having local families who have abandoned their homes hand over their properties to new owners — with no money exchanged. Some 12 houses are now available. But CNN reports that the free homes, which are both empty and crumbling, come with some strings attached. The new owners must fix up the structures on their own dime within three years, as well as put down a $4,300 deposit that will be returned once the work is...

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A year after Whoopi Goldberg sold her luxurious Pacific Palisades home, it is now back the market. The EGOT winner and current co-host on 'The View' bought the home for $2.547 million in 1993 and owned it for nearly three decades before selling it in February 2018 for $8.8 million. Before Goldberg, the house initially belonged to Vicki Baum, a famous Austrian writer known for the critically-acclaimed novel Grand Hotel. It was later owned by Oscar-winning actor David Niven. Inside, the 7,000-square-foot home features six bedrooms, seven bathrooms. Additionally, the airy living spaces and beautiful crown molding along with extra-large windows create a casual living environment with a...

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Asian Development Bank (ADB) published a book titled ‘Infrastructure Financing in Asia,’ where they advise developing nations in the Asia Pacific (APAC) to collectively gather USD1.5 trillion every year until 2030 to finance the infrastructure developments that are extremely necessary for the entire region, reported Khmer Times. Bambang Susantono, vice president for knowledge management and sustainable development at ADB, emphasised the importance of the fund to sustain the growth throughout APAC amidst global financial uncertainty. Since only a few of the developing countries managed to reach the suggested five percent of gross domestic product investment in infrastructure,...

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Hong Kong-listed Xiaomi Corporation’s former board member, Koh Tuck Lye, has acquired an old good class bungalow (GCB) along Tanglin Hill for $31.5 million or $1,915 per square foot (psf), reported The Business Times. Located within the Ridley Park GCB area, the freehold bungalow is more than 30 years old and is nestled on a 16,446 sq ft site. Koh, a Singaporean who is also known as Xu Dalai, is expected to tear down the District 10 property to make way for a new house. “The land value fetched by the property is likely to be the highest in the Ridley Park GCB Area,” noted List Sotheby’s International Realty (List SIR). The seller in this transaction is...

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