Certainly a busy week in the world of property & architecture, as Borneo is announced as the location for Indonesia’s new capital, Time Magazine unveil 2019’s Greatest Places and Belfast seeks an urban rethink.

__________________________________________________________________

As Jakarta continues to sink, the new location for the capital of Indonesia has been decided. Borneo is set for the capital’s relocation, placed between North Penajam Paser and Kutai Kartanegara, with the whole building process predicted to cost £30bn for the government. The decision has been criticised as environmentalists fear that huge deforestation of Borneo’s tropical rainforests will have serious repurcussions for the climate.

_______________________________________________________________________

While capital cities are sinking, skyscrapers are sinking too! The Millenium Tower in San Francisco has sunk 18 inches (45.7 centimetres) and tilted 14 inches (36 centimetres) since completion in 2008, and developers have now agreed to fork out $100m in order to prop up the skyscraper.

_______________________________________________________________________

Time Magazine have released their 100 Greatest Places of 2019, featuring Kengo Kuma’s V&A Dundee, and Diller Scofidio + Renfro’s new build in Hudson Yards, The Shed. Other notable inclusions are Jean Nouvel with his National Museum of Qatar, David Adjaye’s Ruby City Arts Centre in Texas, and the Macallan Distillery in Scotland by Rogers Stirk Harbour + Partners.

Click here to see the other beautiful buildings in the list.

_______________________________________________________________________

An amazing new project dubbed Bunhill 2 has been nnounced, which will use the heat created from the Tube network to heat London houses this winter. The warm air will be channelled from the Northern Line to support the London Borough of Islington’s district heating, which will provide offices, leisure centres and 1,350 homes with heat by the end of the year. So expect cooler tubes and more efficient energy systems!

_______________________________________________________________________

Pelli Clarke Pelli has unveiled detailed plans of his new skyscraper in Tokyo, which will become Japan’s tallest. His skyscraper is one of three he is designing for developer Mori, as part of the Toranomon-Azabudai district in central Tokyo, the same district mentioned in last week’s Property Portal.

_______________________________________________________________________

As a No-Deal Brexit looms, accountants KPMG have warned that house prices could drop by up to 6.2%.

_______________________________________________________________________

Belfast City Council have announced plans to boost city centre living, with only 3,000 people currently living in the centre. Aiming to draw a further 66,000 people to the centre by 2035, it would require building near to 30,000 new homes.

_______________________________________________________________________

Los Angeles’ historic La Brea Tar Pits are set for a bit of a makeover, with several firms proposing their ideas in a competition. The tar pits formed over thousands of years, as tar leaked from the ground onto the surface, where it dried and preserved the remains of animals that lived there. The goal behind the renovation is to ‘reinvigorate’ the museum and surrounding Hancock Park.

_______________________________________________________________________

The winners of the 2019 Aga Khan Award for Architecture have been announced, amongst them is a bamboo preschool, a Palestinian museum and a nature reserve built on an old rubbish dump. Click here to see the winners.

_______________________________________________________________________

A new survey has unveiled that one of the country’s biggest mortgage lenders is actually the bank of mum and dad, with the average parental contribution for homebuyers this year is £24,100, up by more than £6,000 compared to last year, according to Legal & General (L&G).

_______________________________________________________________________

The construction of the new Google HQ in California is taking shape nicely, as the roof for the BIG and Heatherwick-designed building is completed.

_______________________________________________________________________

There has been a rise in demand for London property, as investors become spooked by the protests in Hong Kong, also very attracted by the low sterling.

_______________________________________________________________________

The world’s tallest Passive House has been designed by Canadian company Henson Developments in Vancouver, which essentially means a building that can achieve a standard of energy efficiency.

“What makes it a really big deal is the amount of attention it will get with the public, as well as with developers, designers.”

_______________________________________________________________________

Offices have been flying off the shelf in the City of London, with take up reaching 1.02m square feet across 29 deals, more than double the 420,000 square feet completed in June and the strongest single month take-up in almost two years.

_______________________________________________________________________

Foster + Partners have completed their new Apple Store in Miami, designed to be a nod to the city’s art deco heritage.

_______________________________________________________________________

Finally you can truly live like a king! Devizes Castle in Wiltshire, owned by a whole host of royals from Henry VII, King John and Edward I, is up for sale for £3.25m. Plush with chandeliers and a huge 9 bedrooms, it is certainly fit for a Queen!