City mulls reopening of Port Phillip condos amid ‘significant threat’ from flooding

A controversial plan by the city to re-open two high-rise condominium towers at the corner of Port Philip and Point East has sparked outrage from residents who fear the area will become uninhabitable due to rising sea levels.The Port Phillip Harbour Development Authority has filed a permit application with the city’s planning department for the two highrises, a $200 million […]

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Which condo buildings will be demolished to make way for luxury condos?

There are more than a dozen condominium towers in Miami-Dade County that could be demolished for luxury homes if the county’s residents want to live in them.The county recently approved plans for two condominium developments, one on South Park Avenue and another in West Palm Beach, both with plans to demolish the condominium buildings to make room for luxury apartments.Miami-Duke […]

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Sydney property prices are higher than they were three years ago

Sydney’s property market is “slightly hotter” than it was three years back, according to a property analyst who says Sydney’s housing market is in a bubble.James Foxcroft, chief economist at Capital Economics, says the market is at its highest level in three years, driven by the surge in construction of houses in the Sydney CBD.“In the past three years the […]

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