Jewellery worth HK$751,000 was stolen from a luxury home in Hong Kong after burglars broke into the master bedroom while the residents were dining downstairs. The incident occurred on Saturday night at a house in Fo Tan.
Textured surfaces are increasingly popular in modern luxury homes, adding depth, warmth, and character to interiors and exteriors. Unlike smooth finishes, textures interact with light by scattering it, creating a richer, more layered appearance. Materials like lime plaster, brushed wood, fluted concrete, and terrazzo are being used on walls, floors, ceilings, and facades, reflecting the owner's personality and evolving design trends.
New York City joins global cities like Vancouver and London in taxing unused luxury homes to address housing affordability, but experts question its effectiveness in reducing rents or prices.
Silicon Valley's real estate is witnessing a stark divide, fueled by the AI boom. Luxury homes are soaring in value, while lower-end properties are declining. This trend, unlike in other major cities, highlights a 'K-shaped economy' where AI wealth benefits a select few, leaving many salaried workers struggling with affordability and job security concerns.
Former Nigerian Oil Minister Alison-Madueke, 65, is on trial accused of accepting bribes from industry insiders who allegedly funded her luxury shopping sprees and home stays. Ghanaian businessman Okyere told NCA investigators he paid £3,900 for items at Peter Jones after seeing her lack funds at the tills, later reimbursed in cash. Alison-Madueke denies five counts of accepting bribes and conspiracy to commit bribery, claiming expenses were repaid. The prosecution alleges she received private jets, properties and luxury items worth millions.
A Hong Kong court has fined the owner of a luxury home at Redhill Peninsula nearly HK$1 million (US$173,938), the harshest penalty to date for illegal structures discovered during a government inspection at the seaside estate three years ago. Magistrate Tobias Cheng Yun-chung handed down a HK$980,000 fine on Tuesday on Future Ocean, which has owned House No 74 at Redhill Peninsula in Tai Tam since 2006. Deborah Yuen Wai-ming is listed as the company’s director, and she lives in the house with...
Hong Kong’s sales of luxury homes more than doubled in the first quarter from a year earlier, helped by a buoyant stock market and attractively priced assets that drew the attention of wealthy investors including mainland Chinese buyers, according to analysts. The segment was likely to record another increase in the second quarter, they added. “With the wealth effect from accumulated gains in the stock market over the past two years, both local and mainland Chinese capital have seized the...
