A luxury High Country home described as a slice of Mykonos in Victoria is set to smash the local property price record by more than $2m.
Named Rossdale, the almost-33ha party farm at 270 Ross Rd, Howes Creek, is about 32km from the town of Bonnie Doon, and is for sale with a $5m-$5.5m price guide.
The four-bedroom house was built in the 1980s to a design by well-known architect Guilford Bell for the late businessman Sir Andrew Grimwade CBE, a knighted scientist who served 15 years as the National Gallery of Victoria’s honorary president and also as the Walter…
The trial of a real estate tycoon accused of embezzling billions of dollars began in Ho Chi Minh City, Vietnam, Tuesday.
Prosecutors say Truong My Lan, the chairwoman of real estate development firm Van Thinh Phat, siphoned $12.5 billion from Saigon Joint Stock Commercial Bank between 2012 and 2022. Lan, who controlled a majority stake in SCB, allegedly embezzled the money by arranging fake loans to numerous shell companies.
Another 85 people are being prosecuted in connection with the case, including Lan’s husband, a wealthy Hong Kong businessman, and several former bank executives and government officials, including at least one…
Last year’s real estate market was notably more subdued in the real estate market compared to recent trends — but at the start of 2024, the market appears to be heating up again, experts say.
A recent study by Construction Coverage ranked Killeen 93rd compared to similarly sized real estate markets throughout 2023.
The study compared the median sale price from year to year, the percent of homes that sold above asking price, the median number of days on the market, the average sale-to-list percentage, and the number of listings with price drops.
Their data shows the median home sale…