Tag: Real Estate
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Resource consent woes: West Auckland homeowners blindsided by council after new builds
Resource consent woes: West Auckland homeowners blindsided by council after new builds A new wave of property frustration is sweeping through West Auckland suburbs. A growing number of homeowners—ranging from young families to a single parent—have learned, more than a year after moving in, that their front and backyards do not meet resource consent requirements.…
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Wealthy Singaporeans Lead the $5 Million+ Luxury Home Surge
Overview: A Shift in Singapore’s Luxury Market Singapore’s luxury residential scene is evolving as wealthy local buyers increasingly capture the lion’s share of transactions priced at $5 million and above. While foreign buyers still participate, they remain a smaller fraction of the market due to tighter stamp duties and ongoing regulatory measures. This shift is…
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Dansoman Land Dispute: Chief Warns Against Illegal Acquisition
Overview of the warning The Divisional Chief of Dansoman, Nii Kojo Danso II, has issued a public warning to prospective buyers and investors amid a volatile backdrop of chieftaincy and land disputes. The notice highlights the risks associated with illegal land acquisition in the Dansoman area and the nearby Panbros Salt Industries enclave in Accra.…
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Developer Unveils Luxury Apartments Plan for Iconic Wellington Fruit Shop Site
Historic site meets high-end living The site of the beloved Eastbourne Fruit Supply is set for a dramatic transformation as a local developer has revealed plans to convert the longtime fruit shop into luxury apartments. After 65 years of serving residents, the Campbell Street corner building will enter a new era for Wellington’s Eastbourne neighborhood,…
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Developer unveils plans for luxury apartments at site of Eastbourne fruit shop
Iconic site set for transformation The long-standing Eastbourne Fruit Supply, a familiar landmark in Wellington’s Eastbourne suburb, will soon undergo a dramatic transformation. After 65 years in operation, the second-generation owners announced they will close next June, clearing the way for a development that blends heritage with high-end living. From family business to luxury living…
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What Happened Wednesday: Mortgage Rates Dip After FMT Cuts Minimum Lending Rates
Overview Here’s what you need to know before you clock out today: Mortgage rates moved lower on Wednesday after FMT announced a cut to its minimum mortgage lending rates. The move could affect monthly payments for new borrowers and those looking to refinance. If you’re in the market for a home or evaluating your current…
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Canada housing market recovery; buyers remain cautious
Canada’s Housing Market Edges Toward Recovery Canada’s housing market is showing early signs of recovery after a slow spring, with October data suggesting buyers are re-entering the market, albeit conservatively. Real estate figures released this week point to higher sales in October compared with September, hinting that demand is stabilizing as mortgage conditions ease slightly…
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Condos Without Parking Face Struggles as Shifting Housing Trends Reshape Canada’s Market
Growing Preference for Parking-Ready Condos Meets Market Realities Canadian home buyers are increasingly weighing the value of parking when considering condo purchases. As October sales data showed a rebound fueled by lower borrowing costs and a backlog of demand, the market is also revealing a nuanced landscape: parking availability and pricing can sway buyer decisions…
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Canadian Home Sales Rise as Rate Cuts Draw More Buyers
Canada’s Housing Market Gets a Lift as Rates Drop Canadian home sales have shown resilience, climbing for six of the past seven months as declines in borrowing costs entice buyers off the sidelines. In October, national activity rose 0.9% from September, signaling a cautious recovery in a market that has been sensitive to interest-rate movements…
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Toronto Mansion Owners Ordered to Tear Down Wall Built Around Property After Permit
Rosedale Wall Controversy: From Permit to Demolition Order A high-profile dispute in Toronto’s upscale Rosedale neighbourhood has escalated after city officials ordered a local mansion owner to tear down a wall that had been granted a permit just a year earlier. The sequence of events highlights the complexities of city approvals and the ongoing tension…