Real Estate
City Developments Ltd. (CDL)—controlled by billionaire Kwek Leng Beng and his family—has agreed to sell a majority stake in a mixed used office, hotel and residential complex in the Singapore central business district to its Malaysian partner, IOI Properties. Under the deal, IOI Properties—controlled by controlled by Malaysian billionaire brothers Lee Yeow Chor and Lee Yeow Seng, whose family made their fortune from palm oil—will buy CDL’s 50.1% stake in South Beach in a deal valuing the the property at S$2.75 billion ($2.1 billion), according to a joint statement from the partners. Upon completion of the deal in the third…
Chelsea Houska DeBoer has been a household name since her teenage years, first appearing on MTV’s 16 and Pregnant and later on Teen Mom 2. While she openly shared the challenges and chaos of young motherhood with the world, she’s now showcasing her happily ever after on HGTV. DeBoer stars alongside her husband, Cole DeBoer, in the home renovation series Down Home Fab, which premiered its third season on May 27, 2025. After drawing 7.3 million viewers last season, the DeBoers are busier than ever with their Sioux Falls, South Dakota-based home renovation business. I recently spoke with DeBoer about…
Bankrate report from July of last year revealed about one-third of Americans are working a side hustle, with the Millennial and Generation Z cohorts the most likely to be pulling extra hours at a second job. By the time a more recent survey of side hustles was revealed by MarketWatch in April, it appeared the portion of Americans toiling at part-time second jobs had surged to half, with 72% of Generation Z and 62% of Millennials logging overtime at jobs that weren’t their primary vocations. The seemingly growing American predilection to take on side gigs has helped recraft conventional assumptions…
A series of recent studies analyzed and identified the richest cities in a number of states that lie in the geographic Mountain division, such as Colorado, Utah, Idaho, and Wyoming. For this article, the analysis will be for Nevada’s richest cities. This study analyzed 134 cities in Nevada with complete data from the Census Bureau, in terms of their median household income, mean (average) household income, median home value, and median property taxes paid per year, to come up with a list of the 15 richest places in the state. Read on to find out what the richest city in…
Thailand’s Dusit Thani Shares May Remain Under Pressure After Rout As Family Feud Escalates: Analyst
Dusit Thani shares may remain under pressure despite tumbling about 30% this year as the company remained in the red and heirs of the company’s late founder Chanut Piyaoui fought for control of the Thai hotel chain. Chanin Donavanik and his sisters Sinee Thienprasiddhi and Sunong Salirathavibhaga inherited the bulkd of a 49.7% stake in Dusit Thani after their mother, Chanut, a pioneer in the That hospitality industry, died in 2020. After the death of the matriach, Chanin’s sisters have been fighting for control of the company. The feud escalated this week after Chanut and Children, which is owned two-thirds…
Hotel101 Global—a unit of DoubleDragon, which is jointly owned by Philippine fast food giant Jollibee founder Tony Tan Caktiong and real estate tycoon Edgar Sia II—is expanding into Saudi Arabia with plans to build 10,000 rooms worth $2.5 billion amid a travel boom.In partnership with Saudi Arabia-based Horizon Group, Hotel101 has identified an initial five sites for its hotels with the first project to be built in Medina followed by Riyadh, Jeddah, Abha and Alula, Hotel101 said in a statement Thursday. Each Hotel101 site will have an average of 500 rooms, the company said. The joint venture comes ahead of…
In the midst of an ongoing housing crisis, more attention is focusing on modular construction for its efficiencies in labor, time and costs. Those efficiencies stem from the modular construction process, but can be exponentially improved with simple design. Otis Odell, housing and mixed-use sector leader at design and construction firm HED, began exploring modular construction years ago in ski resort towns where the building season was limited by the climate. While he now advocates for the method, he acknowledges it has challenges. In one of his recent projects, despite having a well recognized general contractor and fabricator, the project…
Home prices soared in 2021 and 2022, and as a result, the cost of residential real estate is now overinflated by roughly 25% in many parts of the country. Combined with mortgage rates that have doubled, most people would be unable to buy the home they currently live in. Historically, real estate booms have been followed by corrections that brought prices back in line with local incomes. However, that hasn’t happened with the current boom because, as of yet, there’s been little financial pressure for people to sell their home — and therefore to cut the asking price to do…
Last year, Thumbtack proclaimed 2024 as The Year of The Backyard, but has that trend still relevant? “In 2024, we saw a rise in homeowners focusing on projects that improve their outdoor spaces, and as more people choose to stay put and invest in their current homes, that trend shows no signs of slowing down,” says Morgan Olsen, Thumbtack’s interior design expert. In 2025, she tells me that homeowners are far more likely to focus on the home projects that bring them joy. “Having a personalized outdoor space makes it easier to host, enjoy meaningful moments with family, and relax,”…
Walk down a road in Kaua‘i and you might just get a sore neck. This street, aptly named “End of the Road,” commands you to look up—at emerald cliffs, mist-laced peaks and the drama of Mt. Makana. Keep going north—past waterfalls, taro fields and single-lane bridges—and you’ll reach Hā‘ena. Beyond that? The Kalalau Trail, gateway to the Nā Pali Coast and described by at least one YouTuber as “the most dangerous hike in the world.” And just before the trail begins, sitting amongst rainforest and reef: Limahuli Ocean Estate. What sets this property apart? For starters, 400 linear feet of…
For many Americans – myself among them – Memorial Day Weekend marks the start of the summer season. This is the time of year when we start enjoying our outdoor spaces, if we have any. It’s also a time when we may be working on enhancing them, having completed our tax returns. Which upgrades offer the greatest returns on investment? According to real estate platform Zillow, “Functional outdoor space continues to help homes sell for more.” In fact, the firm’s research reports home sale bumps of $10,000 for improving these spaces. Here’s what you might expect, especially if you live…
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