7-Story Waterfall Among Features in Australia's New Developments
Premium projects are offering luxurious designs coupled with first-class amenities. Read More
BY THE NUMBERS
TRENDING TODAY
LISTING OF THE DAY
An Early 20th Century Connecticut Estate With Lots of Modern Amenities
The waterfront house is built for entertaining and recreation. Read More
THE INSIDERS
‘Don’t Be Afraid to Stretch,’ Says Corcoran Group President and CEO
Pamela Liebman also thinks transportation is key for turning the most "gritty" areas into luxury hubs. Read More
NEWS BITES
Singapore Prices Rising at Their Fastest Pace in Eight Years Private home prices in Singapore rose 3.1% in the first quarter of the year, their fastest pace of growth since the second quarter of 2010. The private residential property index also increased for the quarter, rising 4.3 points up to 143. The increases are seen as part of a recovery for Singapore’s market after a recent four-year slump, with growth particularly strong in the high-end market. South China Morning Post
China Revisits Embattled Property Tax Plan in Efforts to Curb Market Chinese officials are renewing efforts to enact a new property tax that’s been opposed by wealthy homeowners for years, part of ongoing efforts to temper home prices and curb market speculation. Details on the tax are currently scarce, though it would likely protect lower-income homeowners and target high value properties. "Two years ago, everyone was discussing whether [the tax] would ever happen, but now it’s very clear that it will," said Chen Shen of China Securities in Shanghai. Financial Times
Dubai Developer Awards Dh1.3 Billion Contract for Yas Island Development Aldar Properties has awarded a Dh1.3 billion (US$354 million) contract to Trojan General Contractor for Water’s Edge, its forthcoming development on Yas Island. The complex will be made up of studios, one-bedrooms, two-bedrooms, and three-bedrooms, as well as a waterfront promenade and retail. Water’s Edge is also located near the location for a planned new Sea World park. Khaleej Times
U.K. Government Plans New Rules Targeting Predatory Letting Agent Behavior A number of new restrictions aimed at rental agents have been proposed in the U.K., in an effort to protect tenants from poor conditions and unexpected fees. Under the proposals, agents would be required to obtain a nationally recognized qualification and undergo ongoing professional training, and tenants would have new avenues for challenging unfair fees. Agents who fail to comply with regulations could lose their license to work in the field. City A.M.
[header type="georgia"]AROUND NEWS CORP[/header] Donald and Ivana Trump’s Former Connecticut Home Listed for $45 Million [The Wall Street Journal]
Centre Point Takes Inner-City Living to a Super-Prime Level [The Times of London]
Buyers Spend Big on Good Friday [news.com.au]
8 Most Mind-Blowing Kitchens from Movies—and How to Cop the Look [realtor.com]