Megamansion in Central London Hits Market for £185 Million
Once 18 homes, The Grade I-listed property spans an entire terrace, clocking in at 117,000 square feet. Read More
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New Beverly Hills Spec House in Trousdale Estates
Amenities include a pool and an entertainment center with a bar, wine cellar and screening room—and drop-dead views across L.A. Read More
SMART HOMES
Countertop Cooking: A Guide to Smart Kitchen Gadgets
These handy countertop devices will help you perfect your favorite dishes and expand your culinary repertoire. Read More
NEWS BITES
Lori Loughlin Buys $9.5 Million Los Angeles Mansion
Scandal-ridden TV star Lori Loughlin and her fashion designer husband Mossimo Giannulli have splashed out $9.5 million on a new home in the high-end gated community of Hidden Hills in Los Angeles. The newly completed mansion spans almost 12,000 square feet and has six bedrooms, nine bathrooms, a home gym and a movie theater. Last month the couple sold their larger L.A. home for $18.75 million. Variety
Dubai Residents Take Advantage of Price Falls
More time spent at home paired with a slump in rental and sales prices are prompting a surge of Dubai residents to upgrade their properties. Average annual residential rents in some areas of the city declined by 15% in the second quarter, while average apartment sale prices fell 9.8% annually and villa sale prices dipped 7.1%. The National
No Immediate Impact in Mortgages From U.K. Stamp Duty Cuts
The U.K.’s stamp duty holiday, a temporary economy-boosting measure announced last month, has not had an immediate impact on the U.K. mortgage market. Mortgage applications for buyers with deposits of 10% or more have remained consistent with pre-coronavirus levels, and there’s little evidence of a spike in new mortgage activity as a result of the tax cut. PropertyWire
Sydney, Australia, Mansion Sells for A$32 Million
A mansion in the harborside Sydney suburb of Darling Point, inspired by Tokyo’s Imperial Palace, has sold for A$32 million (US$22.9 million) in one of the priciest sales in the city so far this year. Sold by retired car dealer Laurie Sutton, the five-bedroom trophy home has formal and informal living areas, a separate "nanny’s quarters," a gym, a media room, two kitchens and a 10-car garage. Domain
AROUND NEWS CORP
Interest in Australian Real Estate From Hong Kong Continues to Boom [news.com.au]
Hamptons Home of Life Savers Heiress Asks $72 Million [The Wall Street Journal]
Socially Distant, Yet So Affordable: 9 Private Islands Priced Below $400K [realtor.com]
Calculating America’s Eviction Crisis: Up to 40 Million People Are at Risk of Being Kicked Out of Their Homes [MarketWatch]
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August 12, 2020 at 02:07AM
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Mansion Global Daily: One of the U.K.'s Most Expensive Homes Lists, Smart Kitchen Gadgets and More - Mansion Global
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