The Real Deal - New York Real Estate News

Tom Cruise looks to sell sprawling Telluride compound for $40M

Posted: 14 Mar 2021 09:00 AM PDT

Tom Cruise’s latest impossible mission? Selling his $39.5 million Telluride, Colorado estate. The actor has listed his 320-acre ranch in the Rocky Mountain town, the Wall Street Journal reported. But it’s not the first time he’s tried to sell the property. According to the Sotheby’s agents who are now working with Cruise, he first sought a buyer for the home about seven years ago, at the significantly higher price of $59 million. The property, which

Singapore’s subsidized housing market heats up

Posted: 14 Mar 2021 06:00 AM PDT

Public housing in Singapore is selling quickly and at high prices, an indication that the country’s already high-priced real estate market is rebounding from a pandemic-induced slowdown last year. Last month, 23 government-subsidized units sold for at least $1 million Singapore, or about $743,000, a new monthly record in the sovereign nation, Bloomberg News reported. In January, there were about a dozen sales above that mark. The 36 total sales at the beginning of 2021