Foreign Property News | Posted by Aye Myat Thu
Sandra Bullock’s real estate portfolio is one to envy. Over the years, the Oscar-winning actress has collected homes in New York, Texas, Louisiana, Wyoming and Georgia — as well as a handful of spots scattered across Southern California. She just let go of one in West Hollywood, selling her condo in the Sierra Towers high-rise for $4.4 million. It’s the second home Bullock has sold in the building so far this year — but the first that made a profit. In January, she unloaded a slightly larger unit a few floors away for $3.6 million, or $1.53 million less than what she paid in 2017. Records show she bought this one for $3.55 million in 2014, so the sale marks a...
Foreign Property News | Posted by Hnin Ei Khin
The long-time California home of Arnold Schwarzenegger and his former wife has hit the market again for $US11 million ($15.20 million) and is being sold by another Kennedy. The Hollywood actor-turned-governor of California owned the home with his world-famous journalist ex-wife and member of the Kennedy family, Maria Shriver, between 1986 and 2013, where they raised their four children until Shriver discovered Schwarzenegger had fathered a child with their housemaid. It was sold shortly after their breakup in 2013 to attorney and author Maxwell Kennedy, son of Robert and Ethel Kennedy, and his wife Vicki Strauss for $US12.9 million ($17.83 million), keeping it somewhat in the Kennedy...
Foreign Property News | Posted by Shwe Zin Win
Seller Brooklyn Beckham, Nicola Peltz Location Beverly Hills, Calif. Price $10,999,999 Year 1955 Specs 7,700 square feet, 5 bedrooms, 5 full and 2 half bathrooms Lot Size .37 acres Perhaps they found the in-house juice bar superfluous? Maybe the stone mandala on the roof top terrace kicked up their vertigo? Was the sapphire-blue outdoor tub simply an unnecessary design flamboyance too far? Could be they decided they didn’t really need the vast basement level entertaining and leisure complex, with its professional bar (and its imagery of a nude woman folded into and abstract shape), bunker-like movie theater, and full spa suite replete with white crystal quartz massage room,...
Foreign Property News | Posted by Hnin Ei Khin
The growing number of high-earning individuals in dual-income households have caused the surging property prices in urban locations. According to Bloomberg, the growing cost of construction and the rising demand from two-earner households have propelled new apartment prices in Tokyo, making history as it surpassed a 30-year-old record in 2021. Figures published by the Real Estate Economic Institute revealed that the median price of new apartments in the capital city and its neighbouring areas reached JPY62.6 million (USD550,000) last year, exceeding the JPY61.2 million benchmark set at the height of the economic bubble in 1990. Industry analysts believe that the price hike will...
Foreign Property News | Posted by Aye Myat Thu
A sprawling Idaho estate, where scenes in the Marilyn Monroe film “Bus Stop” were filmed, is for sale for $16 million. Located in Sun Valley, Idaho, the property covering 12 acres has a modern craftsman main house, a guest house and a spacious “party barn” designed for entertaining, according to the listing. Crews shot parts of the classic 1956 movie in an old general store that has since been renovated into a 2,000-square-foot guest house. The guest house was better known as Grace’s Diner in the movie, which also starred Hope Lange. The romantic comedy-drama was directed by Joshua Logan. The guest house now features two bedrooms and three bathrooms. The...
Foreign Property News | Posted by Hnin Ei Khin
Academy Award-winning actor Leonardo DiCaprio has padded out his real estate portfolio with a 1930s estate in Beverly Hills, California, months after two separate deals in nearby Malibu. The Don’t Look Up actor purchased the traditional-leaning property, which has five bedrooms and five-and-a-half bathrooms, for $9.9 million, luxury real estate news website Dirt reported. The villa, originally listed for $10.2m, cost its previous buyers $6.1m in 2016. Earlier in 2021, DiCaprio spent $13.8m on an oceanfront Malibu retreat and sold his Carbon Beach home in the same city for $10.3m. The actor, 47, is a major property investor. Besides a Spanish colonial-style mansion in Los Feliz, Los...
Foreign Property News | Posted by Zarni Kyaw
Late actor Kirk Douglas' Beverly Hills home has been sold for $9.015 million, $1.52 million over the asking price, to orthopedic surgeon Dr. Stephen Liu. Real estate agent Rochelle Maize of Nourmand & Associates told The Wall Street Journal that an 'unheard of' 31 offers were put in for the late Spartacus actor's home, which went on the market in December for $7.495 million. 'We typically get four to five offers at this price point,' Maize told the publication. 'Usually this type of activity is reserved for a $1 million property.' Iconic home: Late actor Kirk Douglas' Beverly Hills home has been sold for $9.015 million, $1.52 million over the asking price, to orthopedic surgeon Dr....
Foreign Property News | Posted by Aye Myat Thu
Word is out on the serene streets of Montecito that the Duke and Duchess of Sussex, aka Prince Harry and Meghan Markle, are no longer enthralled by their regal real estate in this bucolic suburb near Santa Barbara, CA. Reports are circulating that although the comely couple enjoy the beauty of this A-list celebrity enclave, they aren’t so happy with the 18,000-square-foot mansion they purchased for $14,650,000 a mere 18 months ago. Signs are afoot that they are quietly trying to sell their home, and considering buying another in the area. At first blush, this rumored sale is quite a head-scratcher. You’d think the nine-bedroom,16-bath Mediterranean mansion sitting on 7.5...
Foreign Property News | Posted by Aye Myat Thu
A mediterranian-style waterfront estatein an exclusive community in New Rochelle, NY, is now on the market for $4.9 million. “Finding a house in Premium Point is nearly impossible,” says the listing agent, Margaret Grasso of Berkshire Hathaway HomeServices, who says she and her family recently scooped up a home there earlier this year. It’s a coveted area with very little turnover in ownership, she tells us: “People live there for 30 or 40 years.” Built in 1917, this six-bedroom, 7,796-square-foot home features an outdoor pool, indoor gym, and two-car garage. It also boasts gorgeous views of Long Island Sound and Premium Mill Pond. The 31 homes within...
Foreign Property News | Posted by Hnin Ei Khin
Justin Timberlake is likely feeling the lyrics to his hit tune “Can’t Stop the Feeling!” these days, particularly the part that goes, “‘Cause I got that sunshine in my pocket.” But in Timberlake’s case, his pocket’s filled with an extra $9 million, thanks to the recent sale of his New York City penthouse. According to property records obtained by the New York Post, Timberlake and his wife, Jessica Biel, sold their swanky four-bedroom, 4.5-bathroom apartment in Tribeca just before Christmas for an eye-watering $29 million. They had bought this eighth-floor home for $20.2 million in 2017 (after landing a deep discount on the original $25...