Customers sit outside as they dine at a restaurant on Club Street in the Chinatown area of Singapore in August 2014. (Photo: Bryan van der Beek/Bloomberg) Singapore’s property market boasts some varied clusters of charming and iconic dwellings scattered around the island state. Known as shophouses, these two- or three-storey colonial-era buildings were largely neglected
Real Estate
The glitz and glamour of summer box-office hit “Crazy Rich Asians” sought to shine a light on an exclusive subgroup of the wealthy elite. But, instead, it pointed to a fast-expanding proportion of Asian society. That’s according to a new report from data firm Wealth-X, which found that Asia is now creating more ultra wealthy
A hotel room inside Eaton House DCEaton House Katherine Lo may come from a crazy rich family, but her sights are set on making a do-gooder’s impact on the world. You might recognize Lo’s father as Lo Ka Shui, one of Hong Kong’s most prominent real estate billionaires who chairs Great Eagle Holdings and owns
As Americans accumulate debt, they’re also looking for ways to manage it. From balance-transfer credit cards to loan modifications, there are options for people who want to pay off or consolidate what they owe. Rolling student loan debt into your mortgage is one of those options. The two types of debt most Americans carry are
A former surface coal mine was repurposed as a shopping center in Logan, West Virginia. (Photo by Michael S. Williamson/The Washington Post via Getty Images) The Office of Surface Mining Reclamation and Enforcement (OSMRE) announced the 2018 Abandoned Mine Land Reclamation Awards, recognizing techniques and achievements for reclaimed lands. On September 10, OSMRE will present
Former President Jimmy Carter told CNBC this week that the Trump administration is ignoring a national housing crisis, and he urged voters to support candidates who promote affordable housing. “Low-income housing needs to be raised much higher as a priority for our country,” Carter said in a phone interview. “That’s the first step toward making
One of the leading architects of his generation and a global cultural ambassador for the UK, London-based, Ghanaian-British architect Sir David Adjaye OBE believes in the power of architecture to achieve positive social change. Q&A with Sir David Adjaye Tell me about your background. I was born in East Africa. My father was the first
The Palace Hotel in Dubai, one of the destinations set to experience the highest water stress in years to come Water is one of our most precious resources, not just for everyday life but for businesses across the economy as well. Recent water crises in Cape Town and Sao Paolo have highlighted the problems that
The most expensive real-estate in America just became a little less expensive — with $1 billion in price cuts among America’s top listings over the past few months, according to a CNBC analysis. The high-end real-estate market has seen steep price cuts in recent months as foreign buyers dry up, new tax laws bite the
Millennials are having a love affair with pets — so much so that they’re often putting their furry friends’ needs at the top of their list when shopping for a home. Luxury landlords have been catering to this millennial trend for years, putting in dog runs on rental tower roofs and pet salons off lobbies.
A man carries a dog after being rescued from rising floodwaters due to Hurricane Harvey. (Luke Sharrett/Bloomberg) Hurricanes are only named once, except for Harvey. Hurricane Harvey is hell-bent for Houston again, but this time he tracks a red carpet path to the big screen—with real-life storm survivors and heroes as movie actors willing to
Beach at Soulac-sur-MerTom Mullen Bordeaux is the name of a French city and a commune, as well as a style of wine. The name derives from a 6th century B.C.E. Celtic tribe known as the Bituriges Vivisci. Male inhabitants are known as bordelaise and women as bordelaises. Although those who live elsewhere often associate Bordeaux
“Every time bitcoin was in the news, be it positive or negative, the price went up accordingly,” van der Burgt said in a phone interview with CNBC on Wednesday. Van der Burgt said the correlation between Google searches for bitcoin and the cryptocurrency’s price was almost a “perfect match” until the end of 2017. He
A for sale sign outside a mansion at Miami Beach. (Photo by: Jeffrey Greenberg/UIG via Getty Images) Everybody worries and everybody worries about retirement in a different way. Almost everyone nearing retirement wonders whether they should pay off their mortgage. To answer the question yourself start with the financial golden rule: get interest, don’t pay it.
It may be hot in the nation’s neighborhoods now, but the nation’s housing market is cooling off. Signed contracts to buy existing homes fell 0.7 percent in July compared with June, according to the National Association of Realtors’ pending home sales index. The index was down 2.3 percent compared with July 2017. That is the
Buying a home in the spring and summer these days looks like something you’d see out of “The Hunger Games.” For sellers, it’s the golden opportunity to get the most return on their real estate investment. Buyers, on the other hand, might feel like they’re in a gladiator ring. A lack of affordable homes in
One Dalton: Changing Boston’s SkylineOne Dalton The ultra-luxury One Dalton, Boston is transforming the city’s conservative skyline. The newest Four Seasons Hotel and Private Residences with 160 condominiums (located above the hotel) soar 742 feet and 61 stories above Boston’s Back Bay neighborhood. Prices range from $2.5 million to over $40 million for a penthouse
Young adults are expected to take up nearly half the national home-buying market by the end of this year, according to a recent report. Shutterstock With the cost of housing rising, Millennials buying property in New York may seem mythical—but the city is in line with a national uptick in home-purchasing among adults aged 35 and younger, experts
A fearless and nonconformist thinker at the height of his abilities, London-based, Ghanaian-British architect Sir David Adjaye OBE is reinventing the possibilities of his profession. One of the leading architects of his generation and a global cultural ambassador for the UK, his clever use of materials and sculptural capabilities have established him as an architect
Mortgage borrowers came back to the table last week to refinance and to purchase homes, after their numbers fell for most of the past month. Total mortgage application volume rose 4.2 percent last week, according to the Mortgage Bankers Association’s seasonally adjusted report. Volume was still 15 percent lower compared with the same week one
HONOLULU, HI – AUGUST 23: 2018 Churned up surf crashes on rocks near the west end of Waikiki as Hurricane Lane approaches Waikiki Beach on Thursday, August 23, 2018 in Honolulu, Hi. (Photo by Kat Wade/Getty Images) With Hawaii’s Big Island already receiving a reported 31 inches of rain, there’s no doubt that serious damage
Paige Davis knows paint.Michael Simon, StarTraks. Paige Davis is best known as the host of the series that can take a lot of the credit for starting the DIY craze, Trading Spaces. It originally ran from 2000-2008 and was revived in 2018. So when it comes to renovations, it’s safe to say she has seen
In the late 1990s, Ed McKinley fell in love with a $65,000 house by a lake in New Hampshire. The owners let him move in early and pay rent until the buying process was completed. Inside his new home, McKinley installed a modern stove, painted the walls and began to redo the floors. Then came
The median U.S. home value climbed 8 percent over the past year to $218,000, but in a sign that buyers are beginning to balk at sustained, rapid escalations in prices, home value growth is slowing in 20 of the 35 largest housing markets. Four of the hottest markets – Seattle, Tampa, Sacramento, Calif., and Portland,
A slew of negative housing numbers for July are piling up on top of a slew of negative housing numbers from the last several months. Sales of new and existing homes are falling, construction of single-family homes is basically flat for the year, mortgage rates are rising and affordability is weakening. It certainly feels like
Meryl Streep. (Catarina Vandeville/Gamma-Rapho via Getty Images) Actress Meryl Streep is a chameleon on stage and screen. She’s portrayed a prime minister, chef, editor, rock star, nun, witch, even an animated ant—each performance as convincing as the last. Meryl Streep listed her Tribeca penthouse for $24.6 million.Steve Halprin/Douglas Elliman In real life, Streep plays a
Hong Kong’s high-flying residential property market is showing signs of serious strain, with home prices seen falling by double digits over the next 12 months as a mix of domestic and international factors slam the sector. Property is a central to the economy of Hong Kong, a densely populated territory spread over numerous small and
Norway’s $1 trillion sovereign wealth fund has missed its target returns in the second quarter after its investments failed to fire. Norges Bank, which manages the Government Pension Fund Global, said Tuesday that it had returned 1.8 percent, or 167 billion kroner ($19.8 billion), in the second quarter of 2018. The return on the fund
Jeannine Harpell (RIGHT) walks with Stella Fontaine during a sunny afternoon at the senior community Heritage Village in Unionville. July 16, 2015. (Carlos Osorio/Toronto Star via Getty Images) Relatively few childless adults reside in assisted living and continuous care communities today. Why? There were no adult children to convince them to make the move. This article
What does ‘back to school’ mean at your home? Is it little ones catching the school bus and bringing home a stack of permission slips? Are there teens traipsing in after class and practice, completely out of sync with family dinner? Do school supplies and seasonal colds take over the household every year? The start
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