These Residential Developments Don’t Just Preserve the Environment, They Want to Improve It
Some luxury projects are hiring a staff of scientists and natural resource experts in a commitment to the environment that goes beyond lip service. Read More
BY THE NUMBERS
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New Executive Order Puts Guardrails on AI
4 early actions federal agencies can take as they prepare to comply.
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TRENDING TODAY
MANSION GLOBAL BOUTIQUE
LISTING OF THE DAY
This Fairy-Tale Castle in Texas Is Fit for a Disney Princess
It comes with a guest house, a 3,000-square-foot ballroom and a drawbridge that spans heart-shaped moats.Read More
THE INSIDERS
AI in Architecture Will Revamp Cities for the Better, Says German Architect
Matthias Hollwich says the ‘starchitect era’ is waning, and buildings that prioritize comfort and community will ultimately benefit residents, workers and investors. Read More
NEWS BITES
Hong Kong Home Prices Likely to Drop Further Next Year
While interest rate hikes in Hong Kong may be curbed for the foreseeable future, don’t expect property prices to remain similarly stagnant. Industry insiders are predicting price slippage for homes in the city from 3% to as much as 10%. Though more hikes may not be coming, interest rates remain elevated in Hong Kong—coupled with an abundant supply of homes—leading most real estate professionals to forecast further price falls in 2024. Property prices in Hong Kong have fallen by almost 20% since their historic peak in 2021. South China Morning Post
Home Sales Skyrocketed in Singapore in November
After a somewhat lackluster October, new private home sales in Singapore more than tripled month-over-month in November. Sales of new private homes were up 286.2%, with 784 units sold, far outpacing October’s transactions. The November totals were the highest number of complete deals for new private homes in four months and were due in no small part to the launch of three new developments—J’Den, Hillock Green and Watten House. The Business Times
Perth Is Home to Australia’s Fastest-Selling Suburbs
While Brisbane may take the crown as the fastest-selling capital city, Perth reigns supreme when it comes to capital city suburbs. Homes in Brookdale, Seville Grove and Camillo—all in Perth’s South East—took the top spots nationally when it came to speed of sale, with properties in those suburbs selling in nine, 10 and 12 days, respectively. On the opposite side of the spectrum are the suburbs of Darwin, where homes were taking 60 days or more to find a buyer, making them the slowest sales in the nation. realestate.com.au
‘Sopranos’ Star Aida Turturro Lists Hamptons Home for $1.9 Million
Actress Aida Turturro, best known for her role as Tony Soprano’s combative sister, Janice, on the hit HBO series “The Sopranos” has listed her home in the Hamptons for $1.985 million. Located in Montauk, New York, the two-bedroom, three-bathroom home sits on a third of an acre and includes two covered porches, a deck and a grassy lawn, as well as a separate artist’s studio. The property is less than a mile from Ditch Plains, a beach popular for swimming and surfing in the area. Realtor.com
AROUND NEWS CORP
Home Buyers Want to Buy. But Sellers Aren’t Selling. [The Wall Street Journal]
The Best TikTok Interiors Trends of 2023 [The Times of London]
Real Estate’s Secret Santa: How to Put a New-Construction Home Under the Tree This December [Realtor.com]
Sydney Property: Why Nicole Kidman, Alan Joyce and George Michael Starred in 2023 [news.com.au]
