Verse Estate Announces Launch of its Platform

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 comfort in their journey with Verse Estate. A Passive Income Source Verse Estate has gathered a team of high quality professionals with years of experience and proven track record to nurture this company to life, thus blurring the lines between the physical and digital worlds now more than ever before. Verse will not only offer its users a new kind of immersive experience, but they also provide a true utility – a viable passive income source, proposing a true investment opportunity. Users can rent their acquired properties and earn income on a regular basis. Property owners will become members of an exclusive community which includes celebrities and influencers such as the renowned French artist Vincent Faudemer. Vincent Faudemer has not only purchased land in Verse Estate, but he launched, in partnership with Verse, a limited edition collection of metaverse villas in Los Angeles, with an integrated VR Game that will allow users to interact with his art sculptures. The estates sold out in under minutes. In this Web 3 revolution, it is companies like Verse Estate who are shaping the future of the metaverse and driving innovation in this sector. The Metaverse is expected to be worth well over $30 trillion before the end of 2035. It will truly change the way people work, play, shop, and interact on a daily basis. Verse Estate is adopting a fully decentralized approach, where the platform is governed by its users and has a highly scalable model which aims to unlock access to truly luxurious products to the masses. The possibilities with Verse Estate are endless, and will enable users to do almost anything in the Metaverse such as live concerts, shopping, working, creating businesses, etc. What Verse Estate has to say Mickael Reignier, Co-Founder and CEO at Verse Estate said “Here at Verse Estate we don’t just sell you a villa or a private jet, we give you the opportunity to make your wildest dreams come true. Come build a life of true luxury and make the impossible possible.” Verse Estate sold out their private sale of LA Villas, in collaboration with Vincent Faudemer, but do not worry, their public sale will be taking place towards the end of March. You can keep up to date with the latest news and updates by following them on their social platforms. Social Links Twitter: https://twitter.com/VerseEstate Instagram: https://instagram.com/verse.estate?utm_medium=copy_link Media Contact Company Name: Verse Estate Company Contact Person: Mickael Reignier, Co-founder and CEO  Company Website: https://verse-estate.com/ Company Email: contact@verse-estate.com SOURCE: Verse Estate The article is provided by a third-party content provider. SEAPRWIRE makes no warranties or representations in connection therewith. Any questions, please contact cs@SEAPRWIRE.com Sectors: Top Story, Daily News SEAPRWIRE (www.seaprwire.com) offers newswire service in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

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

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 to pay slightly more for resale flats, even if the units are older or are situated in a slightly less ideal location since resale flats are already completed. With a completed home, they have more certainty and can proceed with their wedding or family plannings," she said. Year on year, resale prices were 13.7 per cent higher than in August 2020, with price growth observed across both mature and non-mature estates, and all room types. Ms Sun said the broad-based price gains show that even though prices were climbing in many locations, buyers were willing to match the asking price. "Perhaps the buyers were mindful that with more buyers than sellers in the market now, prices may rise further in the coming months. Therefore, they are willing to match the asking prices to secure a unit quickly," she said. A total of 2,748 HDB resale flats changed hands last month, increasing 3.2 per cent from the month before. August also saw 26 resale flats sold for at least $1 million, the highest number of million-dollar flats sold in a month on record. The most expensive flat sold last month was a $1.28 million five-room Design, Build and Sell Scheme (DBSS) unit at Natura Loft in Bishan Street 24. More on this topic   Related Story Million-dollar HDB flats in S’pore: Where are all 389 units located?   Related Story Are $1m HDB resale flats going to be ‘normal’ from now on? The 26 flats made up 0.9 per cent of last month's total resale transactions. This brings the total number of such flats to 151 in the first eight months of this years, in what has already been a record year for million-dollar flats. There were 82 million-dollar flats for the whole of last year. ERA Realty head of research and consultancy Nicholas Mak said the high vaccination rate in Singapore could also have contributed to the overall market confidence. At end-August, the nation's vaccination rate reached a new milestone with 80 per cent of the population having received two doses of the vaccine. "In the absence of any unexpected government intervention, the rise in HDB resale prices is expected to continue in the coming months," he said. "The HDB resale price index could expand by 8 to 12 per cent year on year in the next 12 months." More on this topic   Related Story How Singapore can keep 'prime' HDB flats within reach of everyone   Related Story Million-dollar HDB flats: Half of S'pore's 24 towns have them, including Hougang and Ang Mo Kio

NFT Knockout, $150K of NFT’s Sold within 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 moon you might end up next door, but if you reach for the stars you will get to the moon'. He encouraged me and others to reach for their goals and not be afraid to take risks in life," said Christina Jansen. "Muhammad Ali had a gentleness outside the ring. He connected with everyone ..especially children. He had a generous heart and a great sense of humour and was constantly telling jokes."I took these photographs of the Greatest in 1986 in London. I have cherished these images but I have not showed them to the world thus far. I am so happy that using NFT's I can now share them with the old and new generation of fans. Keeping his unique spirit alive."The collection went live at 6.00 pm and by 8 minutes past the hour, the collection had sold out. $150K of NFT's sold within minutes and to add further to the aura of the great man himself, a further $10K of NFT's were sold with the proceeds going directly to the Boxing Futures, a charity dedicated to supporting the Boxing stars of tomorrow.Further information on:Muhammad Ali can be found at https://ali.wdny.ioChristina Jansen at www.cjansenphotography.com Dmerch at www.dmerch.io/ Boxing Futures at www.boxing-futures.org.ukSource: PlatoData Intelligence : https://platoaistream.net/nft-knockout/ Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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

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.

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

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 willing to fork out so much for an HDB flat? The buyer who paid $1.232 million for a five-room flat at The Pinnacle @ Duxton - the third-most expensive flat sold here - said the convenience of living in a central area that he is familiar with outweighs the price tag. READ FULL STORY: Million-dollar HDB flats: Who's buying them Where are these million-dollar flats? Of the 338 flats that crossed the $1 million mark, 102 are in central Singapore. Bishan came in second with 65 transactions. Besides location, property analysts say these units share some common attributes. Find out what makes a million-dollar flat.

72 million-dollar HDB flats sold in first 11 months of 2020, up from 64 last year

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 the HDB resale market for flats that better fit their budget and housing needs. "A family-sized private condo in the suburbs could cost $1.5 million, but for $1 million or so, the buyer can get a relatively similar sized HDB resale unit on a high floor and in a prime spot near the city," she said. In the overall HDB resale market, prices rose 1 per cent last month from October. November's resale prices are 5 per cent higher than a year ago but 9.5 per cent lower than their peak in April 2013. Prices in non-mature estates climbed 1.3 per cent year on year, while those in mature estates rose by 0.7 per cent. The number of resale transactions in November dropped 4.3 per cent from October to 2,331, according to SRX data. This volume though was 21.7 per cent higher than in the same month last year. Of the HDB flats sold last month, 41.9 per cent were four-room flats, 26.6 per cent were five-room flats, 22.1 per cent were three-room flats and 8.2 per cent were executive flats. The rest of the transactions involved multi-generation, one-room and two-room flats. Commenting on the fewer number of transactions, Orange Tee & Tie head of research and consultancy Christine Sun said that this could be a result of sellers raising their asking prices following recent market exuberance and stellar sales inked over the past few months. More on this topic   Related Story HDB resale prices rise for 4th month in October; 13 million-dollar flats sold: SRX   Related Story Singapore residential property market remains resilient despite downturn She added that many resale flats are currently transacted above valuation. Data from SRX showed that the overall median transaction over X-value (TOX) was a positive $1,000 in November, though this was a drop of $2,000 compared with October. Median TOX measures whether people are overpaying (in the case of positive TOX) or underpaying (when there is negative TOX) relative to the SRX Property X-value estimated market value for flats. Flats in Serangoon recorded the highest median TOX at positive $11,000, while those in Bishan had the lowest median TOX at negative $12,000.