Malinvestment: Florida Real Estate

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$8 Billion Resort in Singapore

That's what Las Vegas Sands spent constructing Marina Bay Sands, the world's most expensive standalone resort that looks more like a cruise boat perched atop a 55-floor skyscraper than any fully earthbound structure...

And, not to mention, this massive hospitality project is set to bump Singapore's already slap happy GDP growth rate up another 0.8% as the venture is expected to generate $1 billion in profits per year from the time it opens.

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Real Estate: June 2010

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Most Expensive Residence

What we do know is that a mystery buyer just shelled out $220 million (£140 million) for a duplex penthouse in London, making it the most expensive piece of residential real estate in the world (Spelling's Bel Air mansion previously wore the world's-most-pricey-pad crown).

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The Most Expensive Real Estate Listing in Georgia

Le Reve, a 90-acre estate on Trammel Road near Cumming, is for sale for a cool $45 million...the 82-room, 47,000-square-foot home...

Designed by Atlanta architect Norman Askins, the four-floor mansion features a 28-foot foyer, two elevators, a 12-car garage, stables, a home theater modeled after the Fabulous Fox in downtown Atlanta, 17 bathrooms, 62 televisions, 300 miles of high-tech wiring and a collection of antiques, furnishings and custom paintings assembled by Norma Humphrey with her three-decorator team.

Le Reve's 18-hole private golf course was added in 2005.

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