Berjaya Land Berhad (KLSE:4219) is teaming up with Jeju Free International City Development Center (JDC) to develop a resort-type residential and commercial complex in Jeju in South Korea at a cost of US$2.6 billion.
Berjaya Land’s wholly-owned unit Berjaya Leisure (Cayman) Limited signed the joint venture agreement with JDC on 29 April 2008.
Under the agreement, Berjaya [...]
Two years ago, Angie Cifarelli of New Jersey signed a pre-construction contract to buy a condo at the Residences at Midtown in Palm Beach Gardens.
Purchase price in the contract: $404,500.
Last month’s appraised value of the newly completed condo: $200,000.
A property worth less than half its value in 2006 is all you need to know about [...]
“We sold one of our nine penthouses at Sukhothai Residences on Sathorn Road for Bt313,000 per square metre,” Benjamine Cha, who heads HKR International’s Thai projects, said in a recent interview.
“The buyer is an American investment banker who is married to a Thai lady,” he said, while keeping the identity of the buyer confidential. The [...]
A real-estate deal in Denver goes into the history books. An anonymous buyer spent $10 million on the penthouse condo that will be built on top of the new Four Seasons Hotel at 14th and Arapahoe.
According to the Four Seasons that is the most expensive condo ever bought in the Denver area. [...]
Would you like a shiatsu massage with your new condo? How about a bone-density test?
Arizona’s Canyon Ranch, regarded as the most glittering brand in the $10 billion spa industry, has branched into real estate, and on Wednesday will roll out a marketing campaign for the 67-story condo-hotel at Huron and Rush Streets that will bear [...]
Starwood Capital Group today announced that the recently launched “1†Hotel and Residences, the world’s first luxury, eco-friendly global hotel brand, will open New York City’s first five-star green hotel on West 40th Street in Manhattan, across from Bryant Park. The “1†Hotel and Residences will be part of a proposed 31-story mixed-use green tower [...]
A New York hospitality company has agreed to open a trendy, Mondrian hotel in a development proposed for the Gold Coast neighborhood.
Morgans Hotel Group Co. has formed a joint venture with Chicago-based M Development Co. to build a 200-room hotel at 1118 N. State St.
The new, 250-foot building would replace the Cedar Hotel, but preserve [...]
The husband-and-wife real estate team of Norm and Janice Holloway sells more Venice condominiums than just about anybody.
But when the couple settled into their own waterfront abode at Pointe Whitecap in Venice nearly six years ago, Norm promised Janice that he would never sell it out from under her.
“I told her, ‘You can live here [...]
Matthews Hospitality Group, LLC has announced plans for Point Breeze, an historic landmark in Nantucket Town being transformed into a private club and prestigious condominium enclave offering an unparalleled mix of services and amenities. Point Breeze will be developed in two phases. With final approvals for Phase One in place, this highly-anticipated restoration project is [...]
The Buccini/Pollin Group and REMAX Premier Properties/MARK FRITSCHLE GROUP announced that they hosted an open house for the Ocean City, Maryland Real Estate community, Tuesday, May 22. The all day event gave the, more than 200 REALTORS® in attendance, an inside look at the Rivendell, the “beach’s†newest most elegant waterfront condominium building.
“We were very [...]
Under new ownership, the Hotel Jerome reopened Friday without longtime general manager Tony DiLucia at the helm.
Otherwise, the 92-room historic hotel appeared to be operating under a business-as-usual approach, underscored by a line of thirsty patrons occupying the stools at the J-Bar.
An employee at the Pitkin County Clerk & Recorder’s Office said the sale, which [...]
THE Philippines posted a record 13,939 rooms last year, a 9.9-percent increase from the 12,683 recorded in year earlier, Trent M. Frankum, general manager of CB Richard Ellis Philippines, Inc. (CBRE) said.
But Frankum also said these additional hotel rooms are not enough to meet the growing demand for more rooms.
Citing the reports of the Philippine [...]
