Actress Nicole Nagel Describes Her Unusual Los Angeles Home as ‘Timeless,’ but ‘Edgy’
She’s selling the four-bedroom architectural house—and it’s statement pool—in Brentwood for nearly $12 million. Read More
BY THE NUMBERS
| CONTENT FROM: Selene |
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Selene – Residences by Pritzker-Prize Winner Norman Foster
A rarified collection of 94 studio-to-four-bedroom homes in the heart of Midtown on 53rd St. Offering five residence types including gallery quality lofts and tower residences, homes feature cinematic vistas of the NYC skyline. Sunlit, luminous amenities include a 60’ swimming pool, and direct elevator access to Le Jardinier restaurant. From $1.825M. Immediate occupancy.
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TRENDING TODAY
MANSION GLOBAL ON YOUTUBE
A Sports Lover’s Amenity: Indoor Basketball Courts
NBA players Ben McLemore and Terence Davis have practiced free throws on the court at this 4,700-square-foot private home in El Dorado Hills, California. Beckie Strum takes a look at this and other standout homes with indoor basketball courts. Watch Now
LISTING OF THE DAY
Architect Tom Kundig Designed This Glass Cabin in the Berkshire Mountains
Amenities across the 300-acre Massachusetts property include three cottages, a swimming pond, a wine cellar and extensive equestrian facilities. Read More
THE INSIDERS
Designer Elliott Barnes Says Luxury Is Always Fleeting. Here’s How He Tries to Capture It Anyway.
The Los Angeles-born tastemaker, who’s spent 35 years working in Paris, talks up French artisans, playing with light and the power of asking ‘what if.’ Read More
NEWS BITES
London Home Prices Fall Nearly 4% in the Third Quarter
Despite slowing inflation, the London real estate market remained muted with home prices in the capital city falling 3.8% in the three months to September, according to the latest report from Nationwide. The price drop was an improvement over the previous quarter when home values fell 4.3%, and while prices remained the same month-over-month in September, the cost of a home in London was still down 5.3%, or about £14,500 (US$17,615) year over year. City A.M.
U.K. Mortgage Approvals Fall to Lowest Level Since February
For the second consecutive month, mortgage approvals fell in the U.K. in August, reaching a low not seen since the start of the year. According to data from the Bank of England, mortgage approvals nationwide reached 45,354 in August, falling 8.4% from July. The figure is the lowest number of mortgage approvals since February of this year. The numbers become even more bleak when compared to August of last year, when 72,321 approvals were processed—a difference of 37.3%. PropertyWire
Singapore Home Prices Tick Up
Singapore’s property prices have bounced back. According to a flash estimate by the Urban Redevelopment Authority, overall prices for private homes in the city-state ticked up 0.5% in the third quarter of 2023, compared to the three months. The second quarter of this year had seen private home prices in Singapore fall 0.2%, quarter over quarter, which had marked the first decline in private home prices in almost three years. Year over year, private home prices in Singapore are up 4%. The Business Times
Hong Kong Luxury Home Sells for About Half of Its 2017 Purchase Price
A high-end home in Hong Kong, which was purchased in 2017 for HK$111.5 million (US$14.2 million), has just sold for HK$60 million. Located in the upscale Redhill Peninsula, the property was part way through an uncompleted renovation project, which was a factor in its lower asking price. But it may also have been a casualty of the ongoing “illegal structure” crackdown. A recent landslide in the region prompted government officials to survey the luxury neighborhood where they discovered a number of illegal structures on the high-end homes, prompting public outcry and the local government to promise to crack down on the practice . Industry insiders warned that the move could send a chill through the region’s luxury home market. South China Morning Post
AROUND NEWS CORP
The Apartment Market Is Hitting a Construction Lull [The Wall Street Journal]
How We Built Our Dream House on Green Belt Land [The Times of London]
Are ‘What Ifs’ Paralyzing Your Home-Selling Hopes? Here’s a Reality Check. [Realtor.com]
House Prices at ‘Record High’ as Property Market Rebounds [news.com.au]
