ဝယ္ယူ

Housing ministry calls on investors in Hong Kong and mainland China to purchase unsold properties. Even a minister can’t afford a high-end home in Malaysia. This was the observation of housing and local government minister Zuraida Kamaruddin, speaking to reporters Wednesday on the sidelines of a smart city conference in Hong Kong, the Malay Mail reported. The federal minister believes Chinese buyers can help address the overhang of homes in the country, in lieu of Malaysians priced out from upscale properties. “I was thinking of our unsold units which is about MYR100 billion (USD24 billion) worth of the higher market,” said Zuraida. Zuraida aims to formally propose to...

Michael Douglas and Catherine Zeta-Jones have quietly purchased a $4.5 million, 12-acre estate in Irvington, NY. The deal closed shortly after they sold their Bedford Corners estate to Aussie cardboard billionaire Anthony Pratt, as we previously reported. If you, too, want to live in the neighborhood, there’s now a mansion once on the market for $9.49 million that will be hitting the auction block with a suggested value of $4.99 million — nearly half off its original asking price. The home, at 2 El Retiro Lane in Irvington, was built in 1912. The property includes an 11,357-square-foot main house, along with a guest house and a pool house — all on 2.2 acres. The...

Korea’s Mirae Asset Management has agreed to buy a portfolio of US luxury hotels from China’s Anbang Insurance for $5.8 billion, according to a report by the Wall Street Journal earlier today. The deal comes more than one year after the nationalised mainland insurer had begun marketing the set of 15 high-end hospitality properties and more than three years after Anbang had purchased the Strategic Hotels and Resorts portfolio from Blackstone for $5.5 billion. The transaction was agreed to this week despite an earlier discovery by Anbang that titles for several of the hotels had been fraudulently transferred to entities set up by an unnamed California individual, according to...

### Zawgyi Version ### ရန္ကုန္တြင္ တုိက္ခန္းဝယ္ယူျခင္းသည္ ေျမကိုပိုင္ဆုိင္မႈမပါဝင္၍ ေျမပိုင္ရွင္၏ ေျမေပၚတြင္ တည္ေဆာက္ထားသည့္ တိုက္ခန္းအား ၀ယ္ယူျခင္းျဖစ္ေသာေၾကာင့္ ေျမပိုင္ရွင္အား ေျမငွားရမ္းခေပးေခ်ရမွာျဖစ္ပါတယ္။ ကန္ထရိုက္တာထံမွ ဝယ္ယူျခင္း၊ ေျမရွင္ထံမွ...

Munich-based Wealthcore Investment Management has joined forces with a consortium of Korean investors including Hana Financial Investment to acquire the Hilton Parkview hotel in Vienna for €370 million ($414 million), according to an announcement by the German firm. Wealthcore and Korean asset manager Mastern Investment Management, which acted on behalf of Hana Financial, Meritz Securities and NH Investment & Securities, acquired the hotel from two Austrian family offices represented by Vienna-based Invester United Benefits. The acquisition of the 571 room property, which is the largest hotel in Austria and the third-largest Hilton hotel in Europe, comes just one month after a...

A major real estate investment firm has followed up its initial purchase of a Palo Alto office building early this year with an acquisition in August of a second one next door, an indication that investors continue to hunger for Silicon Valley offices in choice sites. The most recent deal, which was concluded on Aug. 12, suggests that a January property purchase didn’t quite quench the thirst that the buyer, Alexandria Real Estate, has for Palo Alto office buildings owned by Stanford University,Alexandria Real Estate has bought a big office building in Palo Alto’s Stanford Research Park from Stanford University, marking the second time in 2019 that Alexandria has struck a deal...

Hong Kong-based investment firm PAG is said to be the preferred buyer of the Grand Hyatt Seoul hotel and nearby residential land which are worth about 500bn won (US$415m), sources have told Korean Investors. The vendor, Hyatt Hotels Corporation, reportedly signed a memorandum of understanding to sell the asset to PAG earlier this month. The sale price is believed to be in the 500bn won range. The seller began the sale process earlier this year after it completed the renovation of 615 rooms in the hotel, which is located on Mount Namsan in central Seoul. The agreement is the latest deal led by overseas investors since the local tourism started to recover in early 2018. In December last...

Japanese property group Nomura Real Estate has bought the Zen Plaza office building in Ho Chi Minh City (HCMC), as the firm expands further throughout Asia. The 14-storey asset has 11,700 sq.m. of net lettable area and is located near the main business district and many Vietnamese fashion boutiques, the buyer announced. The sale price was undisclosed. For Nomura, the transaction is the latest in its overseas expansion ambitions, having announced plans in April to invest about JPY 300bn (US$2.8bn) in overseas real estate over the next nine years. The deal comes as increased demand for grade A office space has exceeded supply levels in HCMC, driving up average asking rent at a rate of...

### Zawgyi Version ### စီးပြားေရးလုပ္ငန္းရွင္မ်ားအေနျဖင့္စီးပြားေရးလုပ္ကိုင္ရန္ ေျမကြက္မ်ားဝယ္ယူရာတြင္ ဥယ်ာဥ္ျခံေျမ၊ ဘိုးဘြားပိုင္ေျမ၊ ဂရန္ေျမ၊ စိုက္ပ်ိဳးေရးဇုန္ႏွင့္ ေမြးျမဴေရးဇုန္ေတြပါရွိေသာေၾကာင့္ မိမိဝယ္ယူသည့္ ေျမကြက္ႏွင့္ပတ္သက္၍...

It's not often we have to admit that we're jealous of a two-year-old, but today that is the case. That's because we've just seen the 350sqft fortress that Ruby and Dave Dunlop have created in their back garden for their young granddaughter, Logan. The Canadian couple have had a two-storey Harry Potter-themed wendy house made for the little girl - who probably can't even pronounce words such as Hufflepuff or Gryffindor yet. And if the outside didn't look impressive enough with a wooden bridge, swing set and slide, the playhouse also features Platform 9¾, Hogwarts, Ollivander's wand shop, a cupboard under the stairs and part of Privet Drive. There are also a number of magical...