Singapore authorities are struggling to sell over 80 luxury properties seized in a S$3 billion money-laundering case, with most auctions drawing no bids despite opening prices exceeding S$43 million. The poor sales reflect a cooling luxury property market due to government restrictions on foreign buyers and local reluctance to meet asking prices.
Keeneland's September Yearling Sale in Kentucky grossed a record $536.7 million in 2026, with 70 yearlings selling for at least $1 million each. Tax breaks from recent legislation and strong stock market gains drove demand, while Middle East buyers remained prominent despite Gulf conflict concerns.