SeaPRwire

Verse Estate Announces Launch of its Platform

pandora
4 minutes

Dubai,UAE, March 17, 2022- (SEAPRWire) – Verse Estate, the first real estate agency in the Metaverse, has announced the launch of its platform. Verse Estate aims at bridging both the physical and digital worlds by providing hyper-realistic and fully customisable luxury products in the metaverse. As a real estate agency in the Metaverse, Verse Estate allows users to buy properties that are linked to an NFT. The NFT acts as a digital key to the owner’s private luxury estate, where they can display their digital assets on the walls, invite up to 100 friends, stream Netflix on their TV and for the first time, users can even play VR Games without ever leaving their estate. They also help brands and celebrities transition to the Metaverse by creating state-of-the art immersive experiences, bringing user experience to a whole new level. Users will be able to explore properties bought on Verse Estate through the Oculus Quest 2 VR headsets. Users can directly access the app through the Oculus store. Verse Estate has set the bar high in the Metaverse world, with an unprecedented customer service, they don’t just sell NFT’s, but they accompany the users every step of the way to maximize their...

SeaPRwire

HDB resale prices rise in August to just 0.1% below peak; record high of 26 million-dollar flats sold: SRX

aseanpr
3 minutes

SINGAPORE - Housing Board resale prices rose for the 14th consecutive month, climbing at a faster pace of 1.1 per cent in August compared with July, according to flash data from real estate portal SRX on Thursday (Sept 9). Prices are just 0.1 per cent off the peak in April 2013 according to SRX data, which means September prices are likely to hit a record high as strong demand continues to outstrip flat supply. With more construction delays expected, resale flat demand strengthened despite August being the Hungry Ghost month, when sales typically slow down. Last month, The Straits Times reported that five Build-To-Order (BTO) projects are facing even longer delays as their main contractor Greatearth has gone bust due to financial difficulties. The completion dates for these BTO projects, and many other ongoing ones, had already been pushed back because of manpower and supply disruptions in the construction sector caused by the Covid-19 pandemic. Ms Christine Sun, senior vice-president of research and analytics at OrangeTee & Tie, said more home seekers could have turned to the resale market in the face of uncertainty in the BTO market. "Some of the affected buyers may have chosen t...

ACN Newswire
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NFT Knockout, $150K of NFT’s Sold within Minutes

indie
3 minutes

Washington, D.C., Aug 19, 2021 - (ACN Newswire via SEAPRWire.com) - Years after his untimely death, Former World Heavyweight Boxing Legend is still delivering Knockouts. In the first every foray into the world of Blockchain, Muhammad Ali with his first ever collection of NFT's has landed yet another knockout punch. In conjunction with London based Photographer Christina Jansen, Dublin based Blockchain Developers dMerch and in association with UK Boxing Charity "Boxing Futures" "Muhammad Ali: Through the Lens - A Collection by Christina Jansen" sold out within 8 minutes. In a collection of beautifully sensitive images photographed by Christina Jansen, photographed over a two-week period in the 1980's, "Through the Lens" captures the inner sensitivity of the great man himself."Photographing Muhammad Ali was one of the most inspiring jobs I have ever had . Over a period of two weeks on and off the set I witnessed how he treated everyone who approached him the same. It didn't matter to Ali where you came from or what you did. I felt so blessed to have the chance to talk to him and get to know this great man like a close friend. Ali told me his Philosophy in life 'If you reach for the m...

SeaPRwire

Robinhood, gateway to ‘meme’ stocks, raises $2.85 billion in IPO: Source

elean
2 minutes

NEW YORK (REUTERS) - Robinhood Markets, the owner of the trading app which emerged as the go-to destination for retail investors speculating on this year's 'meme' stock trading frenzy, raised US$2.1 billion (S$2.85 billion) in its initial public offering (IPO) on Wednesday (July 28). The company is seeking to capitalize on individual investors' fascination with cryptocurrencies and stocks such as GameStop, which have seen wild swings after becoming the subject of trading speculation on social media sites such as Reddit. Its monthly active users surged from 11.7 million at the end of December to 21.3 million as of the end of June. Robinhood sold 55 million shares in its IPO at US$38 apiece, the bottom of its targeted price range of US$38 to US$42, a person familiar with the matter said on Wednesday. In an unusual move, Robinhood had said it would reserve between 20 per cent and 35 per cent of its shares for its users. The IPO values Robinhood at US$31.8 billion. It makes it one of the most valuable US companies to have gone public year to date, amid a red-hot market for new listings. The source requested not to be identified ahead of an official announcement. Robinhood did not immed...

SeaPRwire

Sellers of thorny fruit in Singapore taking a bite of Malaysian durian plantations

aseanpr
1 minute

SINGAPORE - Eager buyers converged at the lorry, loaded with durians in large 50kg baskets, as soon as it stopped in front of Mr Michael Siow's hardware store in Balestier Road on July 14. For Mr Siow, 54, it is the first harvest from his new durian venture - Titi Durian - to be sold in Singapore, two years later than planned due to the pandemic. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

SeaPRwire

Resale condos are back in vogue in Singapore

elean
1 minute

The private resale market is making a solid comeback after a hiatus of two years. About 8,880 condominium units were sold last year, over 16 per cent higher than the 7,550 or so units sold in 2019. Moreover, in the first six months of this year, around 7,520 transactions were recorded, surpassing the full-year sales from 2013 to 2016. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

SeaPRwire

Jeff Bezos sells US$2.5 billion of Amazon shares and signals more coming

elean
2 minutes

NEW YORK (BLOOMBERG) - Jeff Bezos sold about US$2.5 billion (S$3.3 billion) of Amazon.com stock, his first big disposal this year after offloading more than US$10 billion worth of shares in 2020. Mr Bezos sold around 739,000 shares this week under a pre-arranged trading plan, according to US Securities and Exchange Commission filings. He plans to sell as many as 2 million shares, according to a separate filing. The world's richest person continues to hold more than 10 per cent of Amazon.com, the primary source of his US$191.3 billion fortune, according to the Bloomberg Billionaires Index. In the 15 years after Amazon.com went public in 1997, Mr Bezos sold about a fifth of the online retailer for roughly US$2 billion. The value of his stake has ballooned in recent years to such an extent that he can now sell relatively small amounts for billions of dollars. Amazon stock is little changed this year after rallying 76 per cent in 2020 as the Covid-19 pandemic kept people away from physical stores and encouraged online shopping. The Amazon founder has used stock sales to fund rocket company Blue Origin, while he's committed US$10 billion to the "Mr Bezos Earth Fund" to help counter the ...

SeaPRwire
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Singapore’s million-dollar HDB flats: Where are the 6 most expensive units ever sold located?

aseanpr
2 minutes

SINGAPORE - In spite of the Covid-19 pandemic, a total of 82 Housing Board flats were sold for at least $1 million last year, compared with 64 in 2019. The first two months of this year saw 36 such transactions, compared with just eight in the same period last year. HDB flats that crossed the $1 million mark have been a fairly recent phenomenon. The first such sale was recorded in July 2012 for a 150 sq m executive apartment in Block 149 Mei Ling Street in Queenstown. Three months later, in October 2012, a 163 sq m executive maisonette in Block 194 Bishan Street 13 was sold for $1.01 million. The appetite for such flats has grown over the years. Up till last month, there have been 338 such transactions, according to data provided by real estate portal SRX. The most expensive unit so far is a five-room flat in Block 1B at The Pinnacle @ Duxton that sold for $1.258 million in September last year. Analysts, however, were quick to point out that million-dollar HDB transactions were few and far between. They made up just 0.3 per cent of total resale transactions in the first eight months of last year. Here's a look at the six most expensive flats sold in Singapore: Why are people willin...

SeaPRwire

New York Times turns a column into an NFT and sells it for US$560,000

elean
2 minutes

NEW YORK (BLOOMBERG) - The New York Times sold an article tied to an NFT, or nonfungible token, for about US$560,000 (S$755,000), another sign of the red-hot market for digital collectibles. "Buy This Column on the Blockchain!" from Times journalist Kevin Roose was turned into an NFT and auctioned off on the open market, with the proceeds going to the newspaper's Neediest Cases Fund, which supports charitable causes. The actual subject of the column published on Wednesday (March 24) was NFTs, which carry certificates of authenticity proving that online works of art are unique. NFTs are tied to digital ledgers such as blockchains and are difficult to fake. On Thursday, Mr Roose tweeted that it had sold. There's been a boom in sales of NFTs. In March, a work by the digital artist Beeple sold for US$69 million at Christie's to Singapore-based entrepreneur Vignesh Sundaresan. "Why can't a journalist join the NFT party, too?" Mr Roose wrote in this column. Times shares briefly rose on Roose's tweet, a sign that some investors may have momentarily thought the publisher had discovered a lucrative new business. More on this topic Related Story 'I don't have a car or house': S'pore-based te...

SeaPRwire
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Number of HDB resale flats sold for at least $1m hits new high; 72 in first 11 months of 2020

aseanpr
3 minutes

SINGAPORE - The number of Housing Board (HDB) resale flats sold for $1 million or more each has hit a new high, following 13 transactions done in November, according to data from real estate portal SRX released on Thursday (Dec 10). The 72 million-dollar flats sold in January to November this year compare to 64 such units for the whole of 2019. SRX's flash estimates for November also reveal that HDB resale prices rose for the fifth consecutive month, though the volume of transactions dipped. At the top end of the HDB resale market, a five-room unit at The Pinnacle @ Duxton sold for $1,248,000, which was the highest transacted price registered for a resale flat in November. Meanwhile, a five-room Design, Build and Sell Scheme (DBSS) flat in Parkland Residences in Hougang sold for $810,000, recording the highest resale price in non-mature estates. PropNex head of research and content Wong Siew Ying said buyers of million-dollar HDB flats may be willing to pay so much due to its central location, the convenience of being near to the city and the amenities available. She added that as private condo prices have remained resilient throughout the pandemic, some buyers may have turned to t...