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Mansion Global Daily: The Call of Cryptocurrency

Mansion Global’s daily round-up of the latest luxury real estate news from around the world

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Bitcoin and the Blockchain Are Disruptors in Global Real Estate

Cryptocurrencies and smart contracts could improve transparency, speed and security of property transactions. Read More

BY THE NUMBERS

TRENDING TODAY

LISTING OF THE DAY

A New Turkish Villa That’s Both Modern and Eco-Friendly

Dramatic contemporary architecture and smart technology come together in this private escape on the Turkish Riviera. Read More

NEIGHBORHOOD NOTES

Taipei’s Ritziest Neighborhood, Xinyi, Boasts Spacious Apartments and a View of the Mountains

Taiwan’s successful executives and foreigners come together in this prestigious area. Read More

NEWS BITES

$18 Million Malibu Spec Home in the Plans After a year-long approvals process, a 7,900-square-foot spec home has broken ground in Malibu, California, and is listed for $18 million. The owner is Faisal Al-Harden of KMF International, a private financial services and investment company. The LEED-certified property will sit on 20 acres and include three separate residences, an infinity pool and a usable Airbus helicopter. The Real Deal Los Angeles

An Eichler Home in Marin County is Asking $1.25 Million A San Rafael, California, home designed by popular mid-century developer Joseph Eichler has come on the market for $1.25 million. The 1964 property has been given modern upgrades but has many period details intact, including wood paneling throughout, globe lighting, and its retro sea-green exterior. The home is 1,881 square feet, and the backyard includes an in-ground pool. Curbed San Francisco

British Homeowners May Not Be Ready for an Interest Rate Rise Though the Bank of England may be preparing to increase interest rates next week, new research from lender TSB shows that 68% of U.K. home borrowers aren’t aware of how rising rates will affect them. Meanwhile, 66% of homeowners "worry" about mortgage rates rising, but aren’t necessarily seeking out fixed-rate deals. A 0.25% interest rate increase would cost borrowers an extra £13/month (US$17/month), while switching to a fixed-rate loan could save £119/month (US$157/month), according to TSB. PropertyWire

Projects Tied to Expo 2020 Valued at $33 Billion Dubai development tied to Expo 2020 has reached a combined value of $33 billion, according to the BNC network, with projects that include transportation infrastructure, mixed-use projects, golf courses, hospitality, commercial, and residential development. Among the different districts being created for the expo is a Dh25 billion (US$7 billion) residential area, with capacity for 1,100 low- to mid-rise buildings, and 250,000 residents. Gulf News

AROUND NEWS CORP

Floor-to-Ceiling Chandeliers: Seriously. They’re a Thing. [The Wall Street Journal]

Buyers Go Wild for a Place in the Country [The Times of London]

These TV Stars Could Never Afford Their On-Screen Homes [New York Post]

How to Negotiate Repairs After a Home Inspection: Haggling Tips for Buyers [Realtor.com]