Get ready to pay more rent, even as home prices cool off

Home prices may be cooling off right now, but rents are heating up yet again. After taking a breather in 2018, rents for both single-family homes and multifamily apartments are now rising at the fastest pace in nearly a year, according to Zillow.
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The Real Crazy Rich Asian Palace Is Worth a Cool $3.5 Billion

In the heart of Singapore, one of the most expensive cities in the world, there’s a sprawling, vacant plot of private land 30 times the size of The White House.

Just down the road from the U.S. embassy and bordering condos worth S$ 4.5 million ($ 3.3 million) each, the swathe of untended jungle hides the remains of two abandoned palaces and would be worth a cool $ 3.5 billion if sold for development, according to one estimate. In a city where almost 8,000 people are crammed into each square kilometer and real estate prices are among the world’s highest, it is one of the greatest urban anachronisms in Asia.

“Owning a piece of land in Singapore is certainly a privilege as land is the most precious resource in the city-state,” said Christine Li, a senior director and head of research for Singapore at Cushman & Wakefield Inc. “Over the past five decades, land prices have appreciated significantly. This has fueled wealth creation for older generations. Many also aspire to own a landed property as it is a status symbol for the well-heeled.”

If something about this story sounds familiar, it’s probably because the plot line was borrowed by Kevin Kwan, author of Crazy Rich Asians, the book about Asia’s insanely rich that was made into a hit movie last year. The fictitious Young family inhabits a sprawling ancestral home, set within Singapore’s Tyersall Park.

In the real-life version, the 34-year-old Crown Prince of Johor, Tunku Ismail Sultan Ibrahim, is the registered owner of the 210,875 square meter plot, which lies in the former Tyersall Park, next to the Botanic Gardens. Inside, ravaged by fire and decay, are the ruins of Istana Woodneuk, the palace built by his ancestors in the late 19th century.

The plot owned by the Sultans of Johor was once larger, but has gradually reduced as the Singapore government acquired land to extend the Botanic Gardens, a Unesco World Heritage site. In 1990, the state bought a chunk for S$ 25 million and it got another 98,000-square-meter piece in 2009 for an undisclosed amount.

Malaysia has a constitutional monarchy, where the national throne rotates between rulers of the country’s nine states every five years. The southern state of Johor is ruled by the Crown Prince’s father, Sultan Ibrahim Sultan Iskandar.

Last year, the 60-year-old patriarch put 12 luxury cars from his extensive collection on display at an event held to mark the 90th anniversary of Singapore’s Fullerton Heritage precinct. They included a 1991 Lamborghini LM002 and a 1938 Lagonda Lightweight LG6, the only one in the world.

His other assets include a 22 percent share in Malaysia’s Forest City, a $ 100 billion Chinese-built project with apartments on artificial islands in the country’s south, and the family also owns stakes in a variety of public companies from 7-Eleven Malaysia Holdings Bhd. to telecoms firm REDtone International Bhd.

The Crown Prince, however, won’t be able to cash in on his Singapore land any time soon, even if he wanted to. The undeveloped area is zoned for “special use of green space,” meaning development for other purposes, such as residential or commercial, is restricted.

Were that to change — the land does sit in one of Singapore’s most desirable residential districts — it could be worth at least S$ 4.7 billion, according to a calculation by Alan Cheong, a senior director at brokerage Savills Plc.

The most expensive residence to change hands in Singapore over the past year was a so-called good class bungalow (luxury landed houses that are off limits to foreigners) also near the Botanic Gardens. The property was purchased by Tony Tung, the chairman of oil trader Winson Group for S$ 105.3 million ($ 78 million), the Business Times reported earlier this month, saying it was a record for that type of dwelling.

A representative for the Crown Prince didn’t immediately respond to a request for comment.

His father is pragmatic when it comes to matters of money.

“Let’s be honest here, we are a constitutional monarch. I have to earn my living like everyone else,” the Sultan said in a 2015 interview with local newspaper The Star. “I cannot depend on my allowances of RM27,000 ($ 6,640) a month. I must earn a living, like ordinary Malaysians.”

Fortune

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Project Teams With Cool Hunting at New York Show

Cool Hunting, an independent publication that covers design, culture and technology, will host a lounge, create a retail trend program and curate a selection of its favorite items at Project’s upcoming New York trade show.
Among the brands that will be featured are Herman Miller; Sister City hotel, the new hotel from Ace Hotel Group; Arlo Skye luggage; Rhone; Courant, and Troubadour.
In addition, the New York edition will also feature, N:ow at Project, which debuted at the Las Vegas show last August, and offers forums and trend presentations in partnership with WGSN. There will also be installations and daily discussions about the state of the men’s wear industry.
“Coming off of a successful launch of N:ow this summer in Las Vegas, its debut in New York was a natural progression,” said Jason Peskin, men’s brand director for Informa, which owns Project. “N:ow will continue to evolve the traditional trade show and birth a fresh event experience for both brands and attendees in New York with Highsnobiety providing special coverage of it all.”
Among the speakers who will participate at this edition are Mr. Mort’s Mordechai Rubinstein; Highsnobiety’s editor-in-chief Jeff Carvalho; Rowing Blazers founder Jack Carlson, and Moose Knuckles’ creative director Steff Hoff.
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Children’s clothes that are so cool we wish they came in adult size

Seriously, that tulle skirt!

REX

Blame it on Prince George and Princess Charlotte, (and pretty soon Prince Louis too) we’ve never been so obsessed with what the famous tots of the world are wearing.

Children’s clothes have their own brand of adorable trends for this season. Just as gorgeous as the ready-to-wear collections, the little ones’ are embracing prints, zebra print and florals as much as we are. In fact, some of it is so great we wish they’d make it in adult size too.

Prepare for the fact that your little girl may out-do you in the style stakes this season with their mini-me party dresses, sparkling flats, floral blouses and backpacks.

As for the boy’s collections, logo sweatshirts, printed swim shorts and cool jeans are the top looks for little dudes. And when it comes to shoes, boys can be just like dad with cool trainers for running around in. We don’t know who’s more excited about shopping these stylish wares, us or them.

From designer to high street, we’ve rounded up the children’s clothes for you to smarten up their back to school wardrobes with. From mini-me party dresses to see them through important events such as their best friend’s birthday party, to bold, printed satchels to be the envy of their friends at school.

We’ve included the must-have Gucci kidswear (the first kidswear collection to be available on Net a Porter), and don’t get us strated on the Chloe overalls and Miss KG unicorn trainers!

We’ve got some seriously cute babygrows for newborns, too. From bunny embroidered styles to designer logos, these are some very Instagrammable ensembles.

But if you don’t have the caviar budget, the high-street is bursting at the seams with achingly cool children’s clothes. All our go to brands for our own wardrobes, like Nexr and Mango have amazing ranges.

From the cutest newborn baby clothes to the kids clothes we wish they made for adults too, we’ve compiled the top children’s clothes available to buy right now. Scroll down to shop our edit…

The post Children’s clothes that are so cool we wish they came in adult size appeared first on Marie Claire.

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Sorry, haters: Aquaman is actually cool

He’s battled sea kings and shark gods. Now, Aquaman faces his most potent foe yet: ridicule. The half-human, half-Atlantean king of the seas has been around just as long as Batman, Wonder Woman and many of the other classic superheroes. Yet for some reason, he has become the Rodney Dangerfield of the spandex crowd. No…
Entertainment | New York Post

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GQ and GAP partner for hoodie collection with cool designers

The hoodie is going haute couture. GQ and Gap released their 2018 limited-edition Coolest Designers on the Planet capsule collection Wednesday. In the current world, where everything old is new again and logos rule, it’s no wonder that one of the original ’90s brands is getting in on the trend. “It represents the very best…
Fashion News, Photos, and Video | New York Post

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Scouted: This Memory Foam Pillow Stays Cool, Sans Flip

Bear Mattress

Bear Mattress may seem like another internet mattress company, but their Pillow features a special fabric that keeps your sleep cool and comfortable, which all the others cannot say.

Is it just a gimmick? I thought so at first, but it really does stay cool while you’re laying there and it contours to your head, without getting too mushy or flat. The breathable, Loft-X Foam keeps its, well, loft and the dual mesh fabric ends promote airflow, even on the hottest, muggiest nights.

The Bear Pillow is $ 95 for Queen $ 115 for a King, and is also made for any kind of sleeper, from stomach to side to back or any which way you contort your body that feels comfortable. It contours to your messy sleep habits in a way normal memory foam pillows fail to do, and the fact that it feels like the cool side of the pillow the entire time you have your head on it feels like sleeping on science fiction.

Read more at The Daily Beast.

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Tap your makeup bag to create these cool Halloween looks

Everyone has a die-hard Halloween friend who spends months preparing for the big day. But for the rest of us who are shamelessly slapdash when it comes to the holiday, there’s still hope, says Glamsquad artistic director Kelli J. Bartlett. She conceives glam, ghoulish looks for a crew of 600 on-demand makeup artists to be…
Fashion News, Photos, and Video | New York Post

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‘Cool Kids’ star Vicki Lawrence: TV needs more rowdy seniors

The Cool Kids | Friday, 8:30 p.m., Fox Vicki Lawrence never felt she was part of the “in” crowd, despite getting her big break as a teenager on comedienne Carol Burnett’s 1967-78 variety show. But when Fox picked up her new sitcom, “The Cool Kids,” her former boss made sure to clarify her status. “I…
Entertainment | New York Post

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