News

Mischa Barton Renting Out Beverley Hills Home Yet Again

Mischa Barton of “The O.C” fame has decided to offer her Beverly Hills home for rent for a monthly charge of $35,000. When constant efforts of selling the home didn’t pay off, Barton decided to make it a source of income and offer it out for rent.

Bob Hope’s Palm Springs Home Asking for $50 Million

The former Palm Springs residence of late actor/comedian/producer, Bob Hope has hit the listing market with an asking price of $50 million. In November 2012, it was rumored that the home was put up for sale for $45 million. Designed by starchitect James Lautner the home was completed in 1980 and was built to look like a volcano.

Singapore Raising Taxes for Luxury Homeowners

The Finance minister of Singapore, Tharman Shanmugaratnam announced on Monday, Feb 25 that the government will be increasing the tax rates for wealthy homeowners in the country. The tax hikes are a part of the 2013 budget announcement. The step comes as an effort to make the tax system more effective.