Malaysian police raided 27 flats and five bungalows in Forest City, arresting 32 individuals (20-58) involved in cryptocurrency investment, romance, and law firm impersonation scams targeting overseas victims. The raids highlight concerns about oversight in the special financial zone.
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.
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...
