Latest news with #resale
Al Bawaba
8 hours ago
- Business
- Al Bawaba
Emaar Properties Launches VYOM
Emaar Properties proudly announces the launch of VYOM, a groundbreaking digital resale platform set to redefine the way Emaar homes are bought and sold. Purpose-built for today's discerning homeowners and investors, VYOM offers a seamless, end-to-end experience that is transparent, secure, and powered by the innovation and trust that define VYOM, users gain complete control over the resale process—creating listings, uploading property images, and managing inquiries directly—all within an intuitive interface. This is a transformative step in Emaar's ongoing digital evolution, offering a smarter, frictionless alternative to traditional resale methods.'As the real estate landscape shifts, so must we. VYOM is more than a platform—it's a new way of thinking about property resale. It puts autonomy, trust, and speed into the hands of our customers,' said Mohamed Ali Alabbar, Founder of Dubai's real estate market continues its dynamic growth, VYOM tackles long-standing inefficiencies such as pricing discrepancies, market opacity, and communication gaps. The platform enhances transparency and facilitates direct engagement between buyers and sellers—fostering fair, informed transactions. Now live and accessible globally, VYOM marks a bold new chapter in Emaar's commitment to delivering customer-first solutions across the full property ownership journey—from purchase to resale, and soon, to rental.
Independent Singapore
2 days ago
- Business
- Independent Singapore
Queenstown 5-room flat resold for S$1.66 million, setting new record
SINGAPORE: A five-room loft unit at SkyTerrace@Dawson has fetched a staggering S$1,658,888, setting a new record for the highest resale price of a five-room HDB flat according to official data released by the Housing and Development Board (HDB). The premium loft apartment, located on the 22nd to 24th floors of Block 92 Dawson Road, spans 122 square metres and is part of the highly sought-after SkyTerrace@Dawson development in Queenstown. The sale was completed earlier this month. Built under HDB's Build-To-Order (BTO) scheme as part of its efforts to rejuvenate mature estates, SkyTerrace@Dawson is known for its award-winning architecture, greenery-lined sky terraces, and proximity to amenities such as Queenstown MRT and Dawson Place. The unit is approximately nine years old and still has 89 years and 11 months left on its 99-year lease. While the sale marks a new high in HDB's public resale transaction records for five-room flats, it falls just shy of an even higher-profile transaction from last year. In July last year, a five-room flat at SkyOasis@Dawson was reportedly sold for nearly S$1.73 million, drawing attention for being the priciest HDB resale flat on record. However, that sale doesn't show up in HDB's official transaction database. Such high resale prices have sparked ongoing debate. As more million-dollar flats hit the market, questions about the affordability of HDB flats persist.
CTV News
4 days ago
- General
- CTV News
Stop using charity collection containers as garbage bins: Quebec organizations
Quebec charities say their streetside donation bins are starting to overflow – and often with items that cannot be resold. (Joy Benyamin/Noovo Info) With spring cleaning and moving season getting into full swing, some Quebec charities say their streetside donation bins are starting to overflow – and often with items that cannot be resold, Noovo Info reports. They lament the fact that when bins are full, clothes and other items are left next to the containers, exposed to the elements and sometimes stolen. Additionally, the organizations say people use the sites to throw out anything they don't want, leaving it up to the charities to clean up at their own expense. At the Renaissance sorting centre, donations arrive continuously, but almost 50 per cent of items cannot be resold. 'The sorters assess one item at a time, visually, to check whether it's in good condition, whether the zip works, whether it's clean,' explains Marie-France Dumont, Renaissance senior director of marketing, communications and public affairs. Clothes left outside a donation bin, or even just a few centimetres from the top, are often unusable. 'Items left outside are exposed to the elements. The doors can crush clothes and damage them. You can't do anything with them,' she said. donation bins Quebec charities say their streetside donation bins are starting to overflow – and often with items that cannot be resold. (Joy Benyamin/Noovo Info) The same is true of La Collecte, another second-hand foundation in Quebec. 'We lose between 15 per cent and 20 per cent of materials,' said Benoît Tessier, the organization's marketing and communications director. 'These are irrecoverable, soiled or wet items. It costs us money to throw them away.' La Collecte recently removed a bin from a commercial car park in Brossard, on Montreal's South Shore. 'People were dropping off anything at any time. There was no supervision,' said Tessier. 'Despite our regular interventions, the owners had enough and asked us to leave.' He says La Collecte, similar to Renaissance, has also experienced theft. 'People try to get into the containers, sort things themselves, take what interests them and leave the rest,' he said. 'We've already found people trapped inside.' He says the decision to withdraw the Brossard collection bin was heartbreaking for the organization, which relies on its containers to generate the revenue that funds its missions. 'When we lose one, it means less money for programs like Big Brothers Big Sisters,' said Tessier. Additionally, the organizations note that some cities are reducing their financial support, making it even more challenging to maintain operations. donation bins Quebec charities say their streetside donation bins are starting to overflow – and often with items that cannot be resold. (Joy Benyamin/Noovo Info) The organizations are asking people to ensure that they drop their donations directly into the bins or visit a centre. Renaissance alone has 27 donation centres in Quebec. 'People can drop off their donations in the bins, but we certainly encourage people to come to our donation centres because we can really preserve the quality of the product to improve the quality of the donations,' said Dumont. In 2023, Renaissance says it diverted 30,000 tonnes of material from landfills and aims to double that figure by 2030. For its part, La Collecte says it offers a home collection service, sometimes even by bicycle, and a QR code affixed to their bins can be used to locate the nearest drop-off points.
Wall Street Journal
03-06-2025
- Business
- Wall Street Journal
Peloton Opens Resale Marketplace For Used Equipment
Peloton Interactive PTON 1.44%increase; green up pointing triangle is getting in on the resale market for its bikes and fitness equipment with its own proprietary marketplace. The connected fitness company's new platform, Repowered, launched Tuesday and allows customers to list their 'pre-loved Peloton pieces,' according to the website. The ability to purchase listed items will be rolled out soon, Peloton said.
The Sun
03-06-2025
- Business
- The Sun
Brits face losing £100million in ticket scams this summer if resale price caps are introduced, experts warn
BRITS could be ripped off by £100million in ticket scams this summer alone if price caps are introduced on ticketing resale – as fraudsters target the biggest events of the year, experts have warned. Figures from the National Fraud Intelligence Bureau, Action Fraud and the National Crime Agency revealed ticket fraud across England and Wales cost £70million in 2024. 3 But this year, the figure could rocket to £280million, with potentially more than a third of scams expected to hit in the next few months– £100million – if price caps are imposed as excitement builds around Glastonbury, Wimbledon, and the long-awaited Oasis tour. The findings come from Bradshaw Advisory and independent research from anti-fraud organisation We Fight Fraud, which says scams are likely to quadruple, should price caps be put in place driving consumers to unregulated platforms and risky social media sites. It follows data from Revolut which showed ticket scams soared by 40 per cent ahead of Taylor Swift's London gigs last August. Experts say the UK Government's proposal to cap resale prices could end up playing straight into the hands of scammers – making it easier for fraud to flourish as desperate fans turn to riskier means of securing tickets. Dave Eborne, head of fraud operations at Revolut, said: "We know that highly anticipated events, like concerts and sports matches, can become a target for unscrupulous criminals preying on enthusiastic fans. 'Especially with sought-after tickets, fraudsters leverage both the fear of missing out on a unique opportunity and a sense of urgency due to scarcity and high demand. 'The idea that a potential ticket could disappear quickly encourages people to act fast without thinking – but it's vital that consumers look for tell-tale warning signs before handing over their hard-earned cash. 'As We Fight Fraud's research shows, banning or capping resale doesn't stop these scams; it simply provides another platform for them to thrive, costing fans and the wider economy through increased fraud." The research points to data from Ireland and Victoria, Australia - two regions that have introduced caps and seen significant increase in reports of ticket fraud. The Bradshaw Advisory identified in Ireland, where price caps exist, 13.6 per cent of fans reported being scammed - more than three times the UK's 3.8 per cent rate. And there could be a wider impact as well, as since October 2024, UK banks have been required to reimburse victims of Authorised Push Payment (APP) fraud, which includes most ticket scams. Dr Nicola Harding, from We Fight Fraud, said: 'Price caps don't stop fraud - they multiply it and we could see live event fans defrauded to the tune of £100 million this summer. "Smart, transparent regulation of the resale market, and robust consumer education on the warning signs of ticket scams, are the only real solutions to protect fans." TOP TIPS TO AVOID AND SPOT A TICKET SCAM Do your homework: Purchase tickets only through a legitimate and regulated platform. If you are unsure of a website's legitimacy, you can check it by using Get Safe Online's Check a Website tool Cover yourself: Ensure platforms offer fan protection with a guarantee should anything go wrong. Resist the hard sell and social media: Getting in-demand tickets can feel like a race against time but don't let individual sellers pressure you into a quick purchase. Avoid buying tickets on social media where many sellers are unverified, increasing the risk of scams or counterfeit tickets. Verify the venue and date: If the event is taking place at a venue unknown to you, then confirm its existence through online maps and look for independent reviews. Once you have done so, search the original live event announcement or schedule on the artist or team's website to make sure dates and location align. Price check reality: If a deal seems too good to be true, it probably is. Avoid suspiciously cheap tickets. 3
