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Billionaires Double Down On Singapore Prime Property Buys As Demand For Luxury Homes Surge
Kwek Leng Beng, chairman of City Developments, speaks during a news conference in Singapore. Nicky Loh/Bloomberg Billionaires Kwek Leng Beng and Gordon Tang are buying S$965 million ($704 million) worth of prime properties in Singapore, doubling down on their investments in redevelopment sites in and around the city’s financial district amid soaring demand for luxury homes. City Developments—controlled by Kwek and his family—said late Thursday it agreed to buy Central Square from Far East Hospitality Trust, a unit of Robert and Philip Ng’s Far East Organization, for S$315 million. The Singapore-listed developer said it plans to combine Central Square with its adjacent Central Mall and redevelop the two sites (with…
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20 essential terms for commercial real estate investing | Multimedia
If you’re looking for a way to build a solid financial footing and passive income streams, most experts will tell you that a long-term asset allocation strategy is key. There are lots of different investment avenues you can take to build wealth or just add some stability to your finances but pouring all of your spare cash into the tumultuous stock market or cryptocurrency could be a risky proposition. After all, it’s not uncommon for these markets to take a nosedive on occasion, and when they do, they take your cash with them. That said, not all investments are so volatile. Some types of investments, like commercial real estate, can…
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Master Gardener: Tips for selecting a live Christmas tree | Home & Garden
If you decided to select a pre-cut tree, pick one of the freshest you can find. Fresh needles bend easily. When the trees have dried out, their needles will snap. Once you have your tree home, it’s a good idea to saw off about one inch from the bottom of the tree. After doing this, place the tree in a container of water. If it will be a few days before you bring it in to decorate, store it in a cool place such as your garage. When you do bring it inside, be sure you place the tree in a stand that will hold some water. Keeping your tree…
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ASEAN Home Improvement Market Insights & Forecast 2021-2025: A US$10.90 Billion Market by 2025 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “ASEAN Home Improvement Market (Indonesia, Singapore, Philippines, Thailand & Malaysia): Insights & Forecast with Potential Impact of COVID-19 (2021-2025)” report has been added to ResearchAndMarkets.com’s offering. The ASEAN home improvement market is forecast to reach US$10.90 billion in 2025, experiencing growth at a CAGR of 9.22{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} during the period spanning from 2021 to 2025. Growth in the ASEAN home improvement market was supported by factors such as increasing population in ASEAN countries, skyrocketing house prices, rapid urbanization and favorable demographic structure. Rising e-commerce penetration and increase in work from home and freelancing jobs is likely to have a positive impact on the ASEAN home improvement market. However, the…
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Reno, Nevada, real estate: What you can get for $2.5M
Check out what’s clicking on FoxBusiness.com. Reno is known as “The Biggest Little City in the World,” and sits in the High Sierra foothills near Nevada’s border with California. Famed for its casino industry and tourism, Reno is also attractive to businesses and real estate buyers due to its favorable tax laws. A recently updated “Biggest Little City in the World” sign March 3, 2020, in Reno, Nevada. (George Rose/Getty Images / Getty Images) There is also an array of recreational activities both year-round and seasonally. With Lake Tahoe, the Truckee River and Pyramid Lake all in the area, there are plenty of water activities in the summer, while skiers…
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Mansion Global Daily: Holidays Don’t Hamper Historic Luxury Real Estate Run in Manhattan, Kemba Walker Finally Sells Boston-Area Mansion, and More
Despite a Holiday Slowdown, Deals for Manhattan Luxury Real Estate Were Three Times the 10-Year Average It was the strongest Thanksgiving week since at least 2006, according to Olshan Realty. Read More BY THE NUMBERS TRENDING TODAY LISTING OF THE DAY A Neoclassical Chateau on a Private Peninsula Highlights Seattle’s Booming Luxury Market The waterfront estate was home to three-term Bellevue, Washington, mayor. Read More THE INSIDERS The Pandemic Brought a Renewed Interest in True Craftsmanship, Says French Furniture Maker Martin Pietri, founder of Emblem Paris, talks about the appetite for classic Parisian designs, mixing heritage pieces with modern interiors and expanding to New York. Read More NEWS BITES Sydney…
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