159 unaccounted for in Florida condo collapse, four dead

  By Reuters Staff, published by US News & World Report     Surfside, Florida - Rescue workers scouring the debris of a collapsed condo building in a Miami suburb said they heard sounds in the rubble overnight, as officials today (June 25) raised the number of people unaccounted for to 159 and the confirmed …

Virtual real estate plot sells for close to US$1 million

By Channel NewsAsia London - A patch of virtual land in the blockchain-based online world Decentraland sold for more than US$900,000 yesterday (June 17), in a record purchase for the platform, the Decentraland Foundation said. In Decentraland, ownership of virtual land is bought and sold in the form of non-fungible tokens (NFTs). An NFT is …

Bank sells 121 properties at today’s online auction 

THE Government Housing Bank's hour-long online property auction from noon to 1 p.m. today (May 21) successfully sold 121 properties for a total of 135 million baht, Matichon newspaper said. Mr. Chatchai Sirilai, the bank's managing director, said the auction, entitled "Find the Home you Desire - Reductions over the Spread of Covid-19",  took place …

SQUEEZY LIVING: London’s thinnest house is on sale for £950k

  By Kiro Evans, The Sun SPACE is at a premium at London’s thinnest house, on the market for £950,000. Just 1.6m at its narrowest, the five-floor property has a kitchen and dining area, reception area, bathroom and two bedrooms. Estate agent David Myers said the former Victorian hat shop in Shepherd’s Bush would appeal …

Tenant from hell steals furniture, destroys house

TELEVISION Channel 3’s news anchor related a shocking  experience with a nightmare tenant who stole her furniture and trashed her property, Sanook.com reported this morning (Nov. 4, 2020). Ms. Praweenmai Baikloy, the news anchor, said in her Facebook post that the damage caused by the tenant totals millions but he has offered a compensation of …

Condo’s concrete awning collapses in Srinakarin area

RESIDENTS of a nine-storey condominium off Srinakarin road near Seacon Square scurried for safety at 5.30 a.m. this morning (Sept. 14, 2020) after a 21.5-metre-long concrete awning affixed between the ground and first floors suddenly collapsed but fortunately there were no injuries, Thai Rath newspaper reported. Sukhumvit fire and rescue staff, rescuers from Po Tek …

Hit by virus, Bangkok condo market plummets in Q2

THE NUMBER of condominiums launched in the Bangkok market dropped sharply in the second quarter with the plunge being 73.2% year-on-year and 35.6% compared to the first quarter, latest research by Knight Frank Thailand Company released today (July 21, 2020) shows. Ms. Risinee Sarikaputra, director of research and consultancy at this real estate agency, said …

Tired of working from home? Upgrade to a luxury hotel suite for the day

A one-bedroom deluxe suite at Intercontinental New York Barclay. Photo: Intercontinental New York Barclay By Monica Buchanan Pitrelli, CNBC WITH occupancy rates now at 44% in the US, and European hotels not expected to fully recover until 2023, hotels are reaching out to a new crop of clientele — local residents who are tired of …

Bangkok housing market likely to drop by 39% year-on-year

THE Greater Bangkok residential market is expected shrink by 39% year-on-year with new launches seen to bring in a total of 72,875 units compared to 118,975 units unveiled in 2019, the independent survey firm Agency for Real Estate Affairs (AREA) said today (June 18, 2020). Dr Sopon Pornchokchai, president of AREA’s Research and Appraisal Information …

13 property projects launched at the height of coronavirus outbreak

IT is unbelievable but quite true that last month, when the coronavirus outbreak in this country was its scariest point and the whole country locked down, 13 real estate projects were launched adding 2,740 units to the market worth a total 10.335 billion baht. Dr Sopon Pornchokchai, president of the Agency for Real Estate Affairs …