Monday, November 30, 2009

Lumpini Residence Sathorn

Lumpini Residence Sathorn

Situated in the hart of Bangkok just a short distances to Chongnonsi BTS Station, Lumpini Residence Sathorn offer it residents modern convenience living with range of facilities suited for either business individual or families. Residents can choose to stay in any one of 37 fully-furnished apartments. All units equipped with appliances for entertaining and cooking. Swimming pool, sauna and laundry available. Monthly and yearly rents are available. From 27,000 baht/ month.

Studio 27,000 - 29,000
• Bedroom and Living Room
• Kitchen
• Bathroom
• Balcony
Superior 42 sq.m. 34,000
• 1 Bedroom
• Living Room
• Kitchen
• 1 Bathroom
• Balcony
Superior 60 sq.m. 48,000
• 1 Bedroom
• Living Room
• Kitchen
• 2 Bathrooms
• Balcony
Suite 72 sq.m 52,000 - 54,000
• 2 Bedrooms
• Living Room
• Kitchen
• 2 Bathrooms
• 2 Balconies

Neighbors
BNH Hospital , Bangkok Christian Hospital , St. Louis Hospital
Central Rama 3
New Sathorn International School
Shrewsbury International School

http://www.lumpiniresidence.com/

Friday, November 27, 2009

Marcopolo Bangkok Hotel

Marcopolo Bangkok Hotel

If you are looking for a good budget serviced apartment for your business travelling or a long holiday trip, Marcopolo Bangkok Hotel is a place of yours. Located just right on the premium area of Bangkok of Sukhumvit Soi2 where Ploen Chit Skytrain (BTS) station is only a minutes-walk, , all 50 units offer you fully furnished with wooden furniture, marble-top finishing, wooden floor, huge windows and a balcony. All units equipped with LCD TV 32” , DVD. Refrigerator, Microwave, Satellite and Internet. Start from 24,000 baht/month.

Facilities

• 24-hour security
• All teak-wood furniture
• Balcony
• Bathtub
• Big refrigerator
• Blackout drapes/curtains
• Bottle water in room (complimentary)
• Cable and Satellite TV
• Complementary hi-speed WIFI Internet
• Concierge
• Cribs available
• Direct-dial telephone
• DVD Player
• Exclusive branded fabric & linen
• Flat-screen TV
• Golf-cart service
• Granite countertop bathroom
• High ceiling rooms
• Hot / cold shower
• Individual air-purifying air-conditioning
• In-room safe
• Iron / ironing board available
• Kettle
• King sized bed
• Kitchenette
• Large windows
• Limousine service
• Luggage storage
• Microwave
• Minibar
• Parking spaces
• Powder desk
• Professional laundry services
• Restaurants & supermarkets nearby
• Smoking rooms
• Teak wood closet
• Tour Desk
• Wake up call
• Wooden floor
• Working / study desk

Room Type Monthly Rate
Studio (27 Sqm.) 24,000 - 28,000
Studio (30 Sqm.) 31,000 - 34000
1 br (40 Sqm.) 40,000
Penthouse (36 Sqm.) 37,000
Penthouse (40 Sqm.) 40,500
Penthouse (45 Sqm.) 45,000
Penthouse (48 Sqm.) 47,500



http://www.marcopolobangkok.com/

Thursday, November 26, 2009

Serviced Apartments in Hong Kong City

Serviced Apartments in Hong Kong City

Hong Kong returned to the People's Republic of China after 150 years of colonial rule, on 30 June 1997. Now it enjoys the status of a special administrative territory of China with a high degree of sovereignty. The land retains its own social, legal and economic systems, with no substantial change in lifestyle.

The land comprises four main areas - the Hong Kong Island, the New Territories, Kowloon and the Outlying Islands. Kowloon and the New Territories lie on a peninsula of mainland of China, on the northern part of Victoria Harbour. Hong Kong Island lies on the southern side of the Victoria Harbour facing Kowloon. The Outlying Islands comprise 234 islands. The New Territories share a border of 20 km with China proper. Hong Kong is one of the largest cities in the world. It has lots of things going on and a lot to explore.

Renting an apartment in the city can be a complicated and difficult choice. Serviced apartments are a great choice for those moving into Hong Kong for the first time. A wide range of serviced apartments are available in Hong Kong, from basic amenities to luxury lifestyle type accommodation. They provide you with comfort and convenience while you spend time hunting for the perfect home.

Serviced apartments are a great substitute for long hotel stays if you are in Hong Kong for a temporary stay but want to enjoy the comfort of your own space. You don't have to commit to a lengthy contract. You can just rent by the week, month or year. Everything you need for a comfortable living will be there for you to start your new life in the city, without the trouble of buying furniture and appliances.

Most serviced apartments in Hong Kong are leased out in good unfurnished decorative condition, but appliances which may include cookers, refrigerators, washing and drying machines, dishwashers and air-conditioners are not usually provided. Soft furnishings such as carpets and curtains are often provided. Air-conditioners are indispensable for comfortable stay in summer and you will have to install them, if not provided by the landlord.

Serviced apartments offering excellent facilities are available for short lease periods of three months or longer. The rentals for these short periods are comparatively higher. Rentals are payable in Hong Kong dollars monthly in advance.

Deposits are usually equivalent to two or three months' rental. They are payable to the landlord when the lease is accepted. The deposit is held by the landlord without interest, once the tenancy agreement is executed. It is refunded to the tenant on the expiration of the lease. The cost of any damage or maintenance work necessary to the building, other than normal wear and tear, will be deducted from the deposit before repayment.

Most tenancy agreements in Hong Kong are made for a period of two years - often an escape clause is included that gives the tenant the right to end the tenancy on giving two or three months' notice to the landlord after a minimum lease period of 12 to 15 months. The tenant has the right of first option to renew the tenancy after each two-year period of tenancy, at the current market price. Taxes are payable to Government at approximately 5.5% of the annual rental amount. Properties in some districts are subject to a government land rent in addition, which is calculated at 3% of the rental value. These charges are payable by tenant quarterly in advance.

Government Stamp duty is payable on all tenancy agreements. It is payable by the tenant and landlord in equal shares. Management fees are payable by all occupants for communal services provided such as security guards, cleaning and maintenance of common areas. The amount of management fees varies according to the age of the building, the number of units in a building, the nature of amenities or quality of the services provided.

The tenancy agreement is usually provided by the landlord or his solicitor. An initial draft of the deed is presented to the tenant for his approval. The tenant may use the services of a solicitor to review the terms of the lease at his discretion. The legal fees are to be paid each party.

By Wantanee Khamkongkaew

Wantanee Khamkongkaew is an independent author evaluating and commenting on leading International Property Consultants in Asia and Greater China, especially CB Richard Ellis

Article Source: http://www.articlesbase.com/real-estate-articles/serviced-apartments-in-hong-kong-city-349588.html

How to Select a Home for Rent in Singapore

How to Select a Home for Rent in Singapore

Searching
for a new home in a foreign city at the other end of the world is a very stressful affair. You may feel under enormous pressure, as you will like to settle in soon and save costs on hotels or serviced apartments. It is, however, important to take your time, as once you have signed a lease you are bound for some time and it is difficult to break the lease.

It is of enormous advantage if you do some research by yourself. When looking for an apartment or a house to rent, it is important to look at maps, commuting time, residential areas around schools.

The selection criteria of your new home are ruled by three major components:


* Safety and security in your neighborhood

* Transport needs and distances to schools, offices, shops and the airport

* Your bedroom needs


Safety and Security

Security has top priority and Singapore's prime residential areas should be targeted to increase security and safety rather than living in a remote place by yourself. What happens in your neighborhood will have major effects on your general well-being and your subjective feelings of safety. In Singapore security is very high, but this is what you have to watch:


* A construction site comes with noise, piling, air pollution, mosquitoes and foreign workers who live on-site, lorries damaging the roads leading to your home, traffic obstructions etc. Construction work in Singapore is not limited to daytime or working days only but may continue 24 hours including weekends and holidays.

* Any free plot of land may be used for future development.

* Old or vacant buildings are prone to be pulled down.

* Connection roads to major streets of the city indicate high traffic, pollution and noise.

* Public buildings like schools, stadiums, churches, temples or a hawker center attract a lot of people and traffic.

* Mosques come with five daily prayers (sunrise!) via loudspeakers.

* Guards and security alarm systems at the neighbors may hint security problems or high profile neighbors.

* Barking dogs at the neighbors may be disturbing.

* Primary or secondary jungle may harbor creatures not welcomed. (Snakes, monkeys.)

* High trees or high-rise buildings next to your home make it dark and humid inside

* Floods and landslides may occur at homes at the foot of steep slopes or need the river.

* Easily flooded roads are a traffic obstruction.


Transport Needs

Distances to schools, office, airports and shops for your daily needs will rule your life. Heavy traffic and traffic obstructing floods are not uncommon in Singapore and even small distances can turn out to be a long drive. Keep times for commuting as short as possible.


* Drive the distances to/from offices and schools during rush hours and note the time it takes before you sign the lease agreement. Parental involvement in International Schools is frequent with many school visits each week. Children in international Schools attend many activities in the afternoon and need to be picked up regularly if there is no after class transport.

* If you use school transport you need to call the transport office of the schools to find out pickup and drop off times of your children from the area you want to live. Find out about activity busses and their frequency after school hours.

* In Singapore, if it is a safe and reliable option to use public transport such as busses and the MRT. Public transport in Singapore is air-conditioned and bus stops are generally sheltered from rain or sunshine. If you want to use taxis for your commuting, find out about their availability next to your home, office or school, waiting time and additional costs if pre-ordered by phone. During bad weather, weekends and late nights taxis may not be available and long waiting lines should be planned for.


Bedroom Needs

You need to know the number of bedrooms you require as housing agents are going by this figure and not by size such as amount of square meter/square feet. We suggest you take less furniture and store or sell the rest. We bet you will be tempted to buy some antiques or reproductions in Singapore!

If you have frequent houseguests such as friends and relatives from overseas staying with you, a guest room should be included, preferably with ensuite bathroom.

If you plan to have an extra study to place your PC in a constantly air-conditioned room add another bedroom. Some homes have open areas allocated as studies but this means you have to keep the air conditioning running 24 hours in your living room.

If you plan to employ a live-in maid you have to look at the servant's facilities. Maid rooms are frequent in houses and apartments with more than three bedrooms, whereas modern 2 bedroom apartments sometimes do not have a maid's room any more as many younger expatriates rather hire a cleaning service.

Other Rooms

Living and dining rooms are not mentioned specifically when home searching. They are usually connected to each other. In older apartments they have a pretty good size whereas the more modern houses and apartments tend to have them smaller as land in Singapore is very expensive and houses are built on smaller plots. Semi-detached houses and town houses often have multi floor layouts on small plots and you may find it difficult to place a large dining table or cabinet.

If your company wants you to entertain at home, you should look at detached houses or cluster houses (houses in a compound sharing garden and pool) or at large renovated apartments in older condominiums.

By Jacqueline Reischel

Jacqueline Reischel

Jacqueline Reischel offers a guide to moving to and living in Singapore at enterSingapore.info. It features Singapore houses for sale, bank information, career guides and Singapore visa and immigration information.

Article Source: http://www.articlesbase.com/real-estate-articles/how-to-select-a-home-for-rent-in-singapore-681533.html

Residential Real Estate in Singapore

Residential Real Estate in Singapore

Occupying an area of about 650 square kilometers, Singapore is a tropical island destination, located at the southern tip of Malaysian Peninsula, in South-east Asia, between Indonesia and Malaysia.

Singapore is a well-established city with superb infrastructure, disciplined society, and excellent transportation facilities. Singapore's airport has been consistently rated among the world's best airports. Apart from being one of the world's safest as well as cleanest cities, Singapore is also a leader in such arenas as oil refining and distribution and shipbuilding and repairing.

The city is also a major center for electronics, finance, and communication. Al though a highly sophisticated modern city, Singapore still preserves it charm, and presents a multicultural heritage, which is an elegant mix of Indian, Chinese, Eurasian, and Malaysian cultures. In short, Singapore is a highly favored destination brimming with tourist spots as well as business opportunities. No wonder why real estate properties, both residential and commercial property, in Singapore are booming and of great demand.

Understanding the potentials and opportunities that are available here, many foreigners including retired people and business people have now started investing in residential property market in Singapore. It is estimated that an ordinary townhouse or apartment of about 1000 sq ft cost approximately $1 million. Many buyers invest in residential properties in order to rent it while some invest in it to sell it after a period of one or two years when prices rise. According to records, renting of residential properties in the city can fetch you $36,000 to $80,000 per annum. However, the location of the real estate property determines its value and rent.

For example, residential properties located on such strategic locations as the Nissam Road, Orchard Road, and Nathan Road are the all-time favorites of expats. Likewise, residential properties based in East Coast, Clementi, and Pasir Panjang, are also much sought after among the foreigners since it is close to many shopping as well as recreation amenities and international schools.

Nowadays, inner city areas are also becoming popular. Apart from location, some expats prefer to reside with their fellow country people. For instance, Europeans mostly prefer to reside in properties placed in areas like Orchard Boulevard, Taman Nakhoda, and Gallop Road. There are also some areas within the city dominated by Japanese and Koreans.

Housing options in Singapore cover everything from apartments, bungalows and condominiums to shophouse, townhouses, and flats. Residential Real Estate in Singapore has been classified into: landed and non-landed. Included in the landed properties are semi-detached houses, terraces, and bungalows. Non-landed real estate consists of condominiums, executive condos, and private apartments.

Majority of the people in Singapore reside in public houses or flats developed by the Housing Development Board (HDB.) These homes are mostly within housing estates, of which majority of them are developed neighborhoods containing supermarkets, hospitals, dining options, schools, and recreational facilities. A myriad of private property developers are also in the scenario to provide high-end accommodation.

The residential property law in Singapore prohibits foreigners to purchase or acquire a residential real estate or property here. However, overseas investors can buy a flat within a building consisting of six or more levels or any unit in a condominium. Other properties can be acquired by a foreigner, provided the Singapore Land Authority has granted permission. Likewise, for a foreign company to invest in residential property in Singapore, it is required to apply to the Residential Property Advisory Committee in order to get approval for owning residential property.

No matter it is to buy townhouse, apartment, or a single detached as well as terraced home, a plethora of realtors and property builders are now in the scenario to fetch your dream real estate property in Singapore. There are certain real estate firms providing services of professional attorneys to check the legal documents in connection with the real estate property.

Many realtors even offer superb services to deal with the laws and procedures in connection with the acquisition of property in the city. Some realtors even arrange mortgages for the acquisition of residential real estate in the city. However, it is important to carry out a thorough research with regard to their professionalism and the way they render the services, prior to approaching them.

By Wantanee Khamkongkaew

Wantanee Khamkongkaew is an independent author evaluating and commenting on leading International Property Consultants in Asia and Greater China, especially CB Richard Ellis.

Article Source: http://www.articlesbase.com/real-estate-articles/residential-real-estate-in-singapore-288571.html

Malaysia Property - a Robust Boom Ahead

Malaysia Property - a Robust Boom Ahead

Healthy growth of GDP
Since the early of 90s, Malaysia has been enjoying a robust GDP growth between an average of 7-9%. Until recently, the growth rate is stabling between 5% to 6%. From export oriented economy and moving into services oriented. The milestones are changing to further stimulate internal growth as the government is pouring bullets into building the local infrastructures and creating special economic zones in its yearly fiscal policy and master growth plan. Even the growth of our neighbor's countries (ASEAN) are enjoying a splendid growth. It is not becoming a competition in overall cause all countries have their own unique niche to certain extend. This combination is creating a unique ASEAN's economy like the European Union. For the next 5 years, we forecast a growth rate between 4.5% to 5.5% due to the slow down in US economy and also sky high commodities prices that will need time of everyone to adjust. Many still parcel about the factors behind and what is the continuous factors may sustain it growth and will it be a major boom of the property prices. I have read many local and foreign experts views in this subject. However, we have come with some facts that may help to answer this question.

Government's Policy on Property
Being an important factor that will contribute property prices stability and upside, government policy is always playing a major role in this segment.

But what is the reason that a need to boost the property prices? Government has been helping the lower income group by putting many policies like every project must has a low cost apartment in every township; putting taxes and pressures to avoid unnecessary speculation on property prices. All these policies are waived in 2007 like now there is zero tax on property gain transaction in Malaysia. Furthermore, the ministry of housing has set up better procedures to make the process of build, buy and sell more efficient; allowing EPF contributors to apply for monthly withdrawal to reduce their installment pressures or to buy a house; reduce stamp duty on RM 250,000 houses and below; lack the rules for foreign ownership and even provide incentives for foreigners with the recent 2nd Home Campaign to own a their second property as a home in Malaysia.

When we are moving into a high income, high margin and high tech service oriented economy. We cannot continue to have low cost strategy and we need quality human capital development in the country to compete in the global scale. Thus, boosting asset values is a wise strategy to boost local GDP income and also strong property price will have an effect in assisting the currency rate and also the local stock market- KLSE.

Population growth and its age group
Population is also the demand factor in the property market. Local population is the citizens of Malaysia and the foreign population is those who come in with 2nd Home campaign or as expatriate that temporally working in Malaysia.

It will not be a surprise why there are many hospitals establishing in everywhere of the country no matter they are government funded or private funded. This is due to the age group of Malaysia that almost 65% above of the whole nation population is at 35 years old and below. From 35 years old to 45 years old probably got another 10% are getting more buying power to invest in their 2nd or 3rd property. It means there will be a lot of buyers are flooding into the market in the next 5 to 10 years. Need not to count the foreigner investors and pensioners that always view Malaysia as one of the most cost effective country in the world.

Globalization Effect
It is by far even to tell all that the world is gradually becomes one. No matter where you stay and what country are you living in. Everyone can move from country to country due to business, education, cultural exchanges, sports and more.

The economics' factors that drive prices sky high in Singapore, Thailand, Indonesia, Hong Kong, Shanghai, Korea, Japan, Australia and Europe. There will not be any cheap property anymore in any corners of the world depending on the urbanization rate of those cities. It is a matter of time but given those fundamentals in Malaysia economy, it will be also a pressure to boost the property price locally. We should not compare within ourselves between the current price and the historical prices. We have to look globally and compare with our peers.

Even today, if you compare to US property market that has been impacted by the sub-prime loan crisis. I believe apple to apple comparison between a bungalow in New York and in Kuala Lumpur, it has still a far difference between two. Well of course, some may argue that because of our GDP income is lower. But if you believe this figure will revise up in the coming year, It gives strong support that property prices in Malaysia will rise further.

Rising cost of materials
US dollar heading downwards, to certain extend I believe it is on purpose by the Federal Reserve and their governmental policies due to the strong challenge of China and Asian booming economies that cause continuous trade deficit in US. When dollar is heading down, all commodities trade with the benchmark using US dollar has been rising steadily. Example: Crude oil, steel, gold, iron and even food.

Couple with the intensifying demand from high growth countries like China, India, Indonesia and potentially African countries in the coming years. This is no more inflation, but is rather as asset revaluation stage. Most government has measured their CPI (Consumer Price Index) with core components that always excluded many necessity components that is vague in telling the clues related to actual inflation.

Conclusion
Given all factors that we have discussed above, It is strongly believes that low cost property in Malaysia is going to be a past subject. If we are following steps of Hong Kong, Singapore and Korea by example to be a developed nation, we should expect the property prices to be playing a catching role in comparison to these markets.
Hong kong Property
Australia Commercial Property

articles adrian

By J.Dunhill -
Malaysia & Singapore Property
Malaysia & Singapore Commercial Property

Article Source: http://www.articlesbase.com/real-estate-articles/malaysia-property-a-robust-boom-ahead-301070.html

The Residences at Puri Casablanca

The Residences at Puri Casablanca

Welcome to The Residences at Puri Casablanca. Choose to live at Puri Casablanca where modern technology blends perfectly with the beauty of nature. Puri Casablanca offers you short and long accommodation. The perfect place for those who appreciate comfort and convenience, this immaculately presented residence definitely delivers both. Located just right in the CBD of Jakarta, you can enjoy living modern living in the heart of the city. From Rp 1.200.000/night

Facilities
• Giri Loka Spa & Massage
• Lagoon Style Swimming Pool
• Fitnes Center & Sport
• Tennis Courts
• Jogging Track
• Laundry & Dry Cleaning
• International Pre School
• Mini Putting Golf
• Beauty Salon
• Sauna
• Mini Market
• Children Playground
• Casa Garden Restaurant
• 1,020 Tenants’ parking space


ROOM TYPE
1 Bedroom Suite (70 sqm)
Rp 1.200.000
$115+/nigh


2 Bedrooms Suite (93 sqm)
Rp 1.400.000
$130+/night


3 Bedrooms Suite (110 sqm)
Rp. 1.600.000
$150+/night


Deluxe (135 sqm)
3 Bedrooms Suite
Rp. 1.800.000


Penthouse (149 sqm)
2 Bedrooms Suite
Rp. 3,000,000,-


Penthouse (201 sqm)
3 Bedrooms Suite
Rp. 6.000.000

Jl. Puri Casablanca No. 1, Jakarta 12870, Indonesia

http://puricasablanca.com/puricasablanca/?p=home


Tuesday, November 24, 2009

Tenface Boutique Hotel and Serviced Apartment

Tenface Boutique Hotel and Serviced Apartment

Jut 2 minutes away from Ploenchit BTS Station, this boutique hotel offers stylish and modern furnished room with the style of exclusivity that locates within easy travel to urban area of Bangkok.


Facitilities

Dipping Pool
- Meeting Room
- Fitness
Services
- Shoe Shining
- In-room Wi-Fi hi-speed internet
- Choice of special pillows
- Shuttle service to Ploenchit BTS Station
- Limousine
- Airport Transfer
- In-room Dining
- Laundry, Dry Cleaning and Pressing
- Currency Exchange

Monthly Rate

1-bedroom Suites 61 Sq.m. 80,000++ THB


2-bedroom Suites 110 Sq.m. 110,000++ THB

2-bedroom Premier Suites 125 Sq.m. 130,000++ THB

TENFACE Suite 142 Sq.m. 150,000++ TH


81 Soi Ruamrudee 2 Wireless Rd. Pathumwan Bangkok 10330 Thailand

http://www.tenfacebangkok.com/




Atrium Ratchada 13

Atrium Ratchada 13

Located just five minutes walk from Huai-Kwang Subway station, this brand new serviced apartment offers it residents with fully furnished and exclusivity of urban living. All rooms equipped with free high speed internet, direct phone line, TV set and cable. Easy access to business districts, shopping centers, embassies and entertainment complexes.

Studio (34 Sqm.) 11,100 - 12,500
Studio (37 Sqm.) 12,700 - 14,200
Water Supply charge: 18 Baht/unit
Electricity charge: 7 Baht/unit

Facilities
- Garden
- Internet Service
- Laundry
- Elevator - Front Desk
- Covered Parking - Electronic / Magnetic Keycard
- Fire Alarm System - CCTV
- 24 hrs. Security

Nearby Neighbors
- Ekamai International School
- Ramkhamkheang Adventise International School
- Rama 9 Hospital
- Robinson Department Store
- The Esplanade (Entertainment Complex)

208 Soi Ratchada 13, Ratchadaphisek Rd., Din Daeng, Din Daeng Bangkok 10400

http://www.atriumratchada13.com/

How To Successfully Acquire Property In Thailand.

How To Successfully Acquire Property In Thailand.

How to Successfully Acquire Property in Thailand.

Living in Thailand is a dream for many foreigners who wish to escape the cold winters and the high cost of living in their home country. Thailand offers the foreigner many benefits including beautiful beaches, tasty food, friendly people, world class health care and inexpensive property. Many foreigners come here to retire and others come only part of year to enjoy what Thailand has to offer. For those to desire to long stay in Thailand, the ability to acquire property is an important issue. A substantial amount of their life savings is used to acquire this dream property. From the perspective of a Legal Advisor, I would like to share with you the process to successfully acquire property in Thailand.

Select a Property Agent

Since you will be looking for property in a foreign country you need expert local assistance. The agent knows how to communicate in Thai and they're familiar with the geographical area. They can show you many quality properties in their inventory. Typically, a good agent will weed out the poor quality units. They want satisfied clients and they will avoid problematic developments. The agent will save you valuable time in selecting and showing you the property in your price range that meets your needs. I can honestly say that purchasing directly from the developer isn't going to save you money versus buying it from agent. A quality property for sale in Thailand is generally offered at a fixed price by the Seller. The best benefit of using a property agent is that they will act as a liaison between you and the Seller. They will obtain a fair price for you and act on your behalf to represent your best interests throughout the entire process.

Legal Planning

Before you sign any deposit agreement or contract, you should sit down with a lawyer or solicitor to discuss the legal process. You need to know the correct legal process in Thailand for the foreigner to acquire property. Remember that you are spending part of your life savings to acquire this property and you must carefully plan your steps in the process. Siam Legal offers free legal consultation to potential property buyers. You should get the legal facts of the property and contract laws in Thailand before you deposit any money.

Legal Structure

In Thailand, a foreigner may only own a condominium in his/her own name. If the foreigner wishes to acquire land and build a house, he/she should obtain a long term lease on the land, typically 90 years (registered 30 years initially and two renewals of 30 years each). The foreigner should apply for the construction permit to build the house in their own name. This way the foreigner owns the house and has a secured long term lease on the land. The lease is written with the option to reassign to another person (if you sell), ability to sublease and with a purchase option (should the law change in the future to allow freehold ownership by the foreigner). Therefore, a lease is the most common legal method for the foreigner to acquire property in Thailand.

Title Investigation

A comprehensive examination of title deed recorded at the Land Department should be done. You need to verify that the Seller has clear and legal title of the land before you enter into a contractual agreement. The title search will trace the land to its first possession. This investigation will also verify the right to vehicle & utility access to your property; provide the residential zoning, environmental and planning codes in the area and show any registered mortgage or liens on the land. It is a good idea to make sure that you can build a structure on the land. Also you need to find out if you have legal access to drive your car to it. Don't take the word of anyone who tells you it has been checked before. The lawyer conducting the title investigation will provide you a full report and a copy of the title deed in English language.

Due Diligence

Every financial transaction requires some sort of due diligence on behalf of the purchaser to verify that it is a sound investment. When you purchase shares of a company listed in stock market or a mutual fund you will generally research the profile and performance of the company or fund. The same is true when you purchase a property from a developer. You should check with the previous buyers to see if they are satisfied with the quality and time frame of construction. If you don't have the time to spend on checking the history of the developer, a local lawyer near the development will know or can check the project, its directors and their reputation.

Deposit

When you feel satisfied with the property and it meets your expectations, you will be asked to make a deposit to show your good faith to continue the process. In return, the Seller will reserve the property for you and start the process by drafting the contracts for purchase. Unless you write specifically a "get-out" clause in the deposit agreement, for example "subject to clear title" or "subject to agreement on the contract terms," the money deposited is non-refundable.

Review of Contracts

Now you are ready to proceed to acquire the property upon verification of a clear title. The Seller will have the contracts prepared for you. Since the Seller will write the contracts, it is highly recommended that you have a lawyer or solicitor review the terms and conditions. First, you want protection for yourself should there be a delay in the property being built. A proper remedy should be stated in the contract. Second, the Seller will state a penalty if you are late with your payment. This should be fair and reasonable to both parties. Finally, your payment schedule should be reasonable and practical. Normally, a first payment is 25 percent. Thereafter payments are made on a progressive basis: 25 percent when the roof is on, 25 percent when the door and windows are secure; and 25 percent when the fixtures and fittings are completed. Your lawyer will make recommendations and these concerns will be given to the Seller for amendment of the contracts before you sign.

How to Pay

You will transfer funds into Thailand from overseas for the purchase. The funds transferred will be in foreign currency and converted by the Thai Bank to Thai Baht. A British couple for example will transfer Sterling from their London bank and wire to the bank in Thailand. The Thai bank will convert the funds into Thai baht and deposit it into local bank account. The Thai bank will issue a Foreign Exchange Form to confirm the transaction. The bank will only issue this form if the transaction is over $20,000 USD. When you wish to repatriate the funds back to your home country, you will need to show the Foreign Exchange Form and supporting documents. Your lawyer or solicitor in Thailand can act as an escrow agent and disperse the payments to the Seller per your instructions.

Construction Phase

The building of your dream house will take time for the construction. The rainy season in Thailand sometimes runs longer than normal which can delay the process. A good developer will keep you posted on the progress of your house construction. Photos should be provided by the Seller to you at each stage if you are not in the country. Your property agent should work for you in this time period to answer any questions you may have about the process or timeline for the completion of the construction.

Handover of Property

At the conclusion of the construction period, you will receive notification from the Seller that your property is ready for inspection. You or your representative will go to the property site and conduct a thorough inspection for any defect in construction or materials. Once you have accepted the condition of the property, you will go to the Land Department for the transfer or registration process. If you lease the land, the registration of the lease will take place. If you are not able to appear in person, a lawyer or third party can represent you by means of a Power of Attorney.

Warranty

Thai Government regulations provide for 5 year warranty on main structural parts. A one year warranty is generally offered in most contracts on component parts or accessories which are major parts of the building. A good developer will be quick to respond to requests for repair of any defects. Keep this in mind when you are asking your questions during the due diligence process.

Summary

Living in Thailand should be an enjoyable and relaxing experience. If you plan and prepare in advance for the acquisition your property you will be rewarded for your efforts. Those you take short cuts in the recommended process above will save some money but in the end it will not be worth it if something goes wrong. Property is a solid investment in Thailand as well as a great place to live while enjoying life in paradise.
Thailand Property & Real Estate Legal Services - Attorneys - Solicitors

By: Dennis Ramm

Article Source: http://www.articlesnatch.com

About the Author:
www.siam-legal.com/realestate

Investing in Gold Coast Property

Investing in Gold Coast Property

The Gold Coast property market has experienced a tremendous boom in the last few years. However with every country in the world in the throws of an economic downturn it was being predicted that the real estate market may gain some sanity. But the hopes of several budget home seekers have been thwarted by a recent report revealing the fact that eight Gold Coast suburbs have made it to the list of the most expensive areas in Australia.


If you are considering Gold Coast property investment the best place to start looking would be online. There are several establishments that deal in real estate across the Gold Coast and choosing a reputable firm like TJ Hooker may save you a lot of hassles.


There are several things to consider while looking for a Gold Coast property. Of course your budget will be the primary restraint. But making a list of amenities that you absolutely need and the ones that you can live without will help you to narrow down your search. Couple this information with the amount of money that you intend to spend and pick out at least seven to eight properties.


Just like anywhere else in the world if you are considering Gold Coast property investment you need to check out the city and the properties foe yourself. For instance the most expensive suburb in the city id Surfers Paradise where properties can go to the tune of $1.3 million but if you are simply looking for a homely environment without the bustling tourists you may not want to live here. So its is extremely important to not only check out the Gold Coast property that you intend to purchase but also the facilities that the area around it has to offer.


You should also consider the purpose of your Gold Coast property investment. Do you intend to live there or are you simply purchasing it as a holiday home will help you to make a sound decision. If it’s a holiday home that you are looking for you may want to consider a Gold Coast property in popular suburbs like Surfers Paradise, Hope Island, Mermaid Beach or Paradise Point. Getting in touch with a good realtor will help you find out about the upcoming deals in the area that may suit your budget.


One of the reasons why Gold Coast property investments are an expensive prospect is the wonderful connectivity that the area enjoys with other parts of the country. Add to this the fact that thousands of people visit the city each year which makes it a very lucrative business destination as well.


As far as the legal issues related to Gold Coast property investment are concerned there are several guides available online that will give you the necessary information. It would make sense to read them carefully before considering Gold Coast property purchase. This particularly holds true if you are a foreigner.


Even though Gold Coast property is already is among the most highly priced in the country experts believe that the prices are expected to go upwards. It is believed that the consistent rise in demand will eventually create a scarcity of real estate raising the prices further.

By Vikram Kumar

Gold Coast Direct offers some valuable information related to Gold Coast property. So before you consider a Gold Coast property investment, pay them a visit and explore all your options.


Article Source: http://www.articlesbase.com/business-articles/investing-in-gold-coast-property-1221023.html

Commercial Real Estate in Jakarta

Commercial Real Estate in Jakarta

The capital and the largest city of the Republic of Indonesia, Jakarta is situated on the northwest coast of the Java Island. With more than 300 ethnic groups speaking different languages, Jakarta boasts of a diverse culture, linguistic, and religious traditions.

A special territory with the status of a province, Jakarta is the center of government, trade, and commerce in the country. Further, its strategic location makes it the principal gateway to other parts of the country. Apart from its amazing tourist destinations such as Merdeka Square, Sunda Kelapa Port, Chinatown, Kebun Binatang Ragunan, the National Museum, and several restored colonial period buildings - Jakarta also boasts of a vibrant nightlife and shopping facilities. Above all, Jakarta is a city of contrasts, blending traditional and modern and the rich and the poor.

With these umpteen attractions, Jakarta serves as an entry point for many tourists and business people. Its rapid growth into a bustling, modern metropolitan city has led to fast development in the economic, industrial, political, and social sectors of the country. In recent years, the city has expanded its facilities to include a plethora of world-class hotels and resorts, most sophisticated apartments and villas, exotic restaurants, and modern shopping malls.

Hence, it is no wonder that why many people, including westerners, prefer to stay here and carry out their business activities. This in turn has led to an increased demand for both residential and commercial real estate in Jakarta.

In other words, since many foreigners flock to the city not only to experience its tourist attractions but also to stay here as well as conduct their core business functions, the demand for commercial real estate in Jakarta has increased than even before. The demand for commercial property in the city is further driven by the growing number of financial institutions and accounting and law firms. Apart from foreign investors, a large number of local companies and organizations also now invest in commercial spaces in Jakarta.

Different types of commercial real estate are available in Jakarta according to the preferences of investors. One of the most preferred commercial spaces here is flex commercial properties, which are a blend of office and industrial properties. This type of commercial spaces are mostly used for laboratorial set ups or research purposes.

Another popular category of commercial property is niche commercial spaces, which is especially designed for storage purposes or for doctors as well as other healthcare professionals. Commercial real estate in Jakarta also include infrastructure type properties that are suitable for set ups such as hospitals, schools, and municipal buildings. In addition, commercial properties are available for selling apparels, electronic items, and other consumer products. In short, Jakarta's commercial real estate includes everything from offices, retail stores, and shopping malls to restaurants, factories, and industrial parks.

Investing in Jakarta commercial properties can fetch you a host of benefits. High yield income and secured as well as stable long term cash flow are just few among them. Further, there is considerable savings in maintenance cost, since it is the responsibility of tenants to maintain the commercial property.

However, the Indonesian government has imposed certain restrictions for foreigners to invest in real estate in the country. In other words, foreigners cannot have their own freehold property in Jakarta. Land tenure in the country has been categorized into certified property and uncertified property. Certified land procedures are recorded with the office of the National Land Agency. In most cases, almost all commercial as well as residential properties are built on certificate land. According to the Basic Agraria Law, foreigners can invest in commercial property through certain ways, such as through an Indonesian nominee or a PMA (Penanaman Modal Asing) company.

No matter you want to invest in any kind of commercial real estate in Jakarta, a lot number of realtors and property builders are in the scenario to provide world-class services in order to assist you in finding a property that go with your business needs. Many of them offer superb services to deal with the daunting laws and procedures in connection with the acquisition of property in the city, while some even provide the assistance of an expert lawyer or consultant to verify the documents related to commercial real estate. Above all, there are also realtors arranging mortgages for the acquisition of commercial property in the city.

By Wantanee Khamkongkaew

Wantanee Khamkongkaew is an independent author evaluating and commenting on leading International Property Consultants in Asia and Greater China, especially CB Richard Ellis.

Article Source: http://www.articlesbase.com/real-estate-articles/commercial-real-estate-in-jakarta-259494.html

Monday, November 23, 2009

Cheap Bali Villas Getting Popular

Cheap Bali Villas Getting Popular

Holiday villas in Bali have become a popular alternative to Hotels and B&BS for tourists going on holiday. Advantages include greater privacy, the opportunity to cater for oneself, a more homely feel, more space and better value for money for groups and families. With so many opportunities to rent holiday accommodation in location like Seminyak, Jimbaran, Canggu and Ubud, dont forget Sanur also then how do you choose just one property and get the most bang for your buck?

If budget is your concern why dont start by searching on google by terms of "Cheap bali villas". You can see several Bali agents will list their properties under this category which now getting more and more properties build up or downgrade to this market segmet.

Cheap Bali villas means the villas listed on those website has price range starting from $100 to max $300 or even $400. Some people will see the price a bit high but just browse and explore what those private villas listed are offering. Most will offer more room and services which before only cater for higher and luxury villas market. You will see some of them offering a 5-6 bedrooms just for maximum of $400 a night. That surely will save you more money.

Remember not just browsing and exploring one website, in order to get most bang for your buck, YOU MUST look at other website under "cheap Bali villas" search terms. Not all agents has the same properties some of them has more villas listed on their website and some other only listed a few. Some of them will list the same villa but with different prices. Be careful in picking just the cheapest villa you can find, you must look at the agent who representing the villas. Villa rental agents has an association who make sure all agents follow the same rule and has the same rule for cancellation policies. Just find the BVRA logo on those website, its the safest way to book villas in Bali. Enjoy your holiday!

By Dharma Putra

Dharma serves as online marketing consultant of Find Bali Villas and Bali Villas

Article Source: http://www.articlesbase.com/vacation-rentals-articles/cheap-bali-villas-getting-popular-1103472.html

Boracay Condo - A Dream House on the Beach

Boracay Condo - A Dream House on the Beach

A Boracay condo is a home which calms the soul and invokes peace. Situated next to the White Beach in Boracay Island, Philippines, these houses are the perfect blending of high class living with the simplicity of nature. If you own a Boracay condo, you have not purchased just a property. You have got serenity for yourself.

There are several varieties to choose from when you plan to own a Boracay condo. You can go for One White Beach Luxury Residences. These are located in Station One of the world famous White Beach. The last word in ecology friendly architecture, the One White Beach Luxury Residences fulfill the crying need the world over – doing your bit for the Earth’s imbalanced ecology system.

If you chose to own one of The Pearl Residences, you are investing in a Boracay condo that has been done by some of the world’s best. They are a joint venture between Philippine and Irish developers, with adequate local flavor and global standards of excellence.

Your choice of Boracay condo might be the Villa Maria and Margarita, which are part of a 52 room condominium project. It has two 3-storey Mediterranean inspired structures. Highly preferred among the various Boracay condo projects, these housing units are built alongside the beautiful fairways of the only golf course in Boracay.

Yes, there are many Boracay condo options for you to select from. And there are many people who do exactly this. But there are other Boracay Island Philippines properties you can select from as well such as apartments, Boracay villas and land too.

BoracayBeachRealEstate.com can help you select the exact Boracay Island real estate property you need – be it the Boracay condo or something else.

Visit the website to find your Boracay condo and other properties here

By Ace

A computer professional who works on the internet helping Boracaybeachrealestate increase its viewers through optimization and other internet links online. For top class Philippine beach properties visit us online at www.boracaybeachrealestate.com.

Article Source: http://www.articlesbase.com/real-estate-articles/boracay-condo-a-dream-house-on-the-beach-1163295.html

Boracay Real Estate; an Exotic Gem amongst Philippine Beach Properties

Boracay Real Estate; an Exotic Gem amongst Philippine Beach Properties

Philippine beach properties especially Boracay Island Real Estate has always been a major attraction to foreigners. The bloom in Boracay real estate market in the recent years is due to the increasing number of international and local tourists visiting Boracay Island Philippines.

The awe-inspiring sunsets and 4 kilometers stretch of naturally palm fringed white sand and crystal clear azure warm waters as well as the famed natural wonders that framed the entire island are the major attractions of Boracay Island Philippines.

Plus, the luxurious Boracay houses for sale and Boracay condo that compliments the already existing pristine beauty of the island are another alluring feature perfect for tourists who are looking for an exotic tropical island paradise to build their dream home.

From Mediterranean, European, modern Japanese and Thai themes to Spanish styled villas, Boracay Real Estate offers contemporary fully furnished Boracay houses for sale and Boracay Condos complete with state of the art facilities, appliances and amenities that match your active and modern lifestyle.

Each of these properties offers a lifetime tropical beachfront living. Homeowners can start their mornings in a patio seeping coffee watching the sun glides up in the horizon and be greeted with a warm sunshine kiss on their cheeks.

While the sun majestically settles high in the horizon, they can enjoy many adrenalin-pumping adventures in the island such as scuba diving, para-sailing, snorkeling surfing and more. Or lazily spend an afternoon admiring the rolling mountains, picturesque hills and captivating neighboring islands while enjoying the rustic charm and laidback atmosphere of Boracay Island Philippines.

Boracay real estate is nestled amidst the famed stunning beaches, luxurious neighborhood and exquisite natural landscape make Boracay Island Real Estate living an opportunity of a lifetime. Everything a tourist need to live life the fullest – staying healthy, enjoying the outdoors and all the exotic white sand beaches has to offer can be found at this quaint, exquisite and convivial tropical island paradise.

To know more of Boracay Island Real Estate, Boracay houses for sale or Boracay condo, visit http://boracaybeachrealestate.com/.

By Cesar Marlo M Rivera

Find more information about boracay island philippines visit us online at www.boracaybeachrealestate.com.

Lucrative Mumbai property market

Lucrative Mumbai property market

Mumbai is emerging as one of the most lucrative destinations for property investments with commercial, residential, and retail realty making rapid strides. The state has certainly undergone a paradigm shift in the wake of the same and there is a considerable increase in number of buyers for Mumbai properties.

Mumbai is gaining high from the latest trend of investing back home among NRIs. Staying in step with it, the state sees large investments from non resident Marathi’s eagerly looking back to homeland. This has brought numerous opportunities for real estate agents in Mumbai who have traditional favorite for Non resident Indians investments. We can see the nature of the stock market also.

NRIs see investing in India properties as the simplest option to gain high returns within short span. Among the significant cities in Mumbai Real Estate Market, the major investments are coming in Andheri not only because it is a developing locality but also because the city offers cheap land. Close by heels is Malad which is much preferred by both the developers as well as investors. A number of prominent developers have lined up to come up with their real estate projects in thane soon. Entry of major realty players has pushed land rates in some of the posh localities. Some of the notable projects include an special economic zone in the city, development of IT facilities and hotels as well as research institutions to come up on the highway roads.

Top property developer has recently clinched to a deal with the Government of Mumbai for development of real estate projects in top of localities and other districts of Mumbai. The planned projects will involve a lot of investment and the construction is scheduled to complete over a period of 2-3 years. The array will include townships, group housing, commercial complexes, and Information technology parks.

Mumbai Property is the growing industry in the north Indian market. It has huge potential for it to grow being the entertainment and financial core of the country. The Mumbai property is directly proportional to the land rates. Lot of factors determines the nature of the Real Estate in Mumbai.

By Nitin

Nitin provide you the best and latest fair information on Property in Mumbai. He also help you on Mumbai Real Estate and Mumbai Classifieds.

Article Source: http://www.articlesbase.com/real-estate-articles/lucrative-mumbai-property-market-1216008.html

Upcoming trends in Mumbai property

Upcoming trends in Mumbai property

Now we shall see the real estate trends in Mumbai .Real estate market in Mumbai facilitates you with the useful information regarding the growth of real estate sector in the city as it is a very important locality in Mumbai. Whenever you intend to buy or sell a piece of land or property anywhere in the city, you step out to survey the current trend of property market in Mumbai so as to enable you to fix a price of the property you are buying or selling of a land.

As the varying nature of modern real estate prices never remain static for a longer time, the need to have the latest Mumbai property arises in the given circumstances and that too at frequent intervals. Moreover, real estate market news provides you an opportunity to analyze in detail the varying growth rates of properties in different areas of the city and come out with the best option for real estate venture. Thus property news in Mumbai can be utilized properly to serve you at different levels.

There is a wide variety of apartments to choose from in the apartments and flats area. Most of the apartments are from two to five bedrooms to accommodate any size of family or office group. Apartments can come in the traditional apartment setting, which is suitable to the family, or even separate houses. There is also a wide variety in price for people in different income segments. There are suitable prices according to your budgets which is very good in the overall perspective.

Many of these companies are just getting started building in the real estate Mumbai area. There are many great investment opportunities with each of these companies. To investigate investment possibilities, contact any of the businesses that fit the goal of your organization or company. These businesses would welcome any investment capitol that any other business has to offer them. Since real estate Mumbai is just emerging into prominence, now is a good time to invest in the market. The return on investment projection for this area is higher than many other prominent areas.

By Nitin

Article Source: http://www.articlesbase.com/online-business-articles/upcoming-trends-in-mumbai-property-1441800.html

Ideo Morph 38

Ideo Morph 38

Situated just opposite to Thonglor and only 300 meters away from Thonglor BTS Station, Ideo morpo Sukhumvit soi 38 boasts 199 unis. 1 bedroom (32 sqm.) with double volume, high celing 5.5 m. starts from 140,000,/sqm.

Unit Area 32.49 Price 3.1 - 3.4 MB
Unit Area 32.32 - 33.53 Price 4.3 - 4.8 MB
Unit Area 34.35 - 37.55 Price 4.7 - 5.4 MB

The residents can enjoy private pool and breezy garden on the eight floor. Gym and sauna are also available.

May you Trust the Bangkok Real Estate Agent?

May you Trust the Bangkok Real Estate Agent?

Every foreign investor will be interested in finding out whether he can trust the Thai real estate agent in order to buy a Property in Bangkok; there are many real estate agencies in this city but you will have to make sure that you have chosen an agency that has a considerable and good reputation when it comes to dealing with the foreign investors who are mainly interested in investing their money into profitable real estate businesses. Good work ethics is to be searched for in order to find a reliable real estate agent that can provide you with all the help you need in order to find a profitable deal. Buying a property in this city is really easy but you will have to pay attention to the existing legislation; the actual transfer of all the titles is likely to require little time; in fact; this transaction will take just a couple of hours in order for the process to be completed. The title will show you the existence of a possible mortgage that comes along with a particular property; you may also find whether there are any loans related to the purchased property in order to make sure you know everything about your investment. The title will show you every type of loan that may be related to your Thai investment because all these legal deeds will be written on the title that will be handled to you.

The Bangkok real estate agent will provide you with all the necessary information because you will have to know whether the seller is entitled to sell the property or not; this aspect is always to be considered and checked in order to make sure that you have bought a valid title on a particular property without having to worry about the existence of other owners. You may even employ a solicitor in order to help you take care of the entire deal because this kind of professional assistance is not very expensive. On the contrary, this service is quite cheap when compared to its European relatives and you may hire a solicitor in order to provide yourself with extra peace of mind. The real estate market that is to be found in Bangkok is not to be regarded as an unstable one that cannot provide you with the necessary services. But you have t make sure that the real estate agent is properly chosen in order to help you make the transaction.

But if you are planning to sell a house in Bangkok, you may consider hiring a real estate agent in order to help you as well; his services are to be used because there are several advantages that will come along with the ordinary services. For instance, you will be able to sell your house quite rapidly thus saving time and money. Every real estate agent in Bangkok is likely to come into close contact with many people who may be interested in purchasing your property. Another advantage will reside in the fact that you will be able to take full advantage of the agent’s knowledge when it comes to the Property in Bangkok; he will know how to sell your house in the proper manner and he will also receive the established cost that will include his commission as well.

Every real estate agent will provide you with the necessary tips in order to make your Property in Bangkok more desirable to the potential buyers; you may also trust the agent when it comes to finding the exact value of your property and you will be able to establish the final price as well by taking into account all the agent’s tips and advices. But there is no doubt that a Bangkok real estate agent will provide you with significant profits when helping you close the deals. If you are interested in investing your money in a property that is to be found in this city, you may find choosing quite difficult because there are many affordable and profitable locations that will worth your initial investment.

But you will have to make your mind in order to know the exact type of property you are looking for. This country is a beautiful and affordable location but you will have to take a closer look to every property that may seem appealing to you in order to stay away from possible scams or frauds. The main benefits that may come along have to be considered before rushing into buying a Property in Bangkok.

By Clint Jhonson

Bangkok real estate agent can be trusted in order to take care of your transactions when you are planning to buy a Property in Bangkok.

Article Source: http://www.articlesbase.com/real-estate-articles/may-you-trust-the-bangkok-real-estate-agent-293182.html

Long Leases in Thai Property Market

Long Leases in Thai Property Market

Because of the longer stay - usually one month to three months in a year - they spend four to five times more during their visits in comparison with other tourists. This target group is therefore a segment that Thailand should concentrate upon, looking for quality over quantity. Ninety-nine per cent of the buyers of high-end resort homes - costing US$ 3million (Bt94.5 million) to $10 million - are foreigners. However, Thailand does not permit non-Thais to own freehold land and limits the lease term accepted by law to a maximum of 30 years.

It is quite common for such buyers to buy villas in Thai resort areas on leases of 30 years, along with two to three choices for renewal by 30 years each (30+30+30), and the prices happen to be similar to the freehold value. However, with this structure of lease, in the 30th year, 60th year and 90th year, both the freehold owner and the lessee will require to physically meet each other to renew the lease even though the complete amount has been paid.

It would therefore be advantageous to all parties if a less taxing and simpler process was established to enable long lease terms to foreigners. It is believed that, the most suitable lease period is 99 years, which would imply that such leasehold properties could be sold at near to freehold values. The lease would be registered for 99 years with the land department, once the payment of the lease value is over. This would make Thai property market more favored for overseas investors than other Asian countries and would definitely create more demand for resort homes in Thailand, in the mid- and high-end market.

In other markets such as Vietnam, which is one of Thailand's major rivals in the tourism and real-estate industry, long lease of 70-years is being offered to foreigners, with choices of multiple extensions. Meanwhile, China offers up to a maximum long lease of 70 years and Singapore, in some promoted areas such as Sentosa Cove, offers long lease of 99-years to foreigners. Malaysia offers both freehold and long lease of 99-years to foreigners considering the location. In Europe, lease terms of 99 years are common.

The increase in the lease term for foreigners will also benefit the investment market. As of now, foreign institutional investors, such as foreign property funds, who would show the desire to invest in large office buildings or hotels, may bypass Thailand, where freehold ownership is not allowed and the current lease term of 30 years is too short for it to be economically possible to own or develop large projects. Longer leases would stimulate investors to secure properties.

To boost the Thai property market in the long term, the basics of the law and regulations should be according to the transforming market environment. Such regulations could be applied to particular segments of the market that need changes to be made to live up to demand. If the government is looking at other measures to assist the real-estate market and long-stay tourism, it should address the issue of prolonging lease terms for foreign buyers. Long lease terms in Thai property market is almost inevitable. The sooner the government acts accordingly, the better.

By Gregory Smyth

Gregory S. is an independent author providing assessment and comments on leading International Property Consultants in Thailand, especially CB Richard Ellis.

Article Source: http://www.articlesbase.com/real-estate-articles/long-leases-in-thai-property-market-457113.html

Guide To Buying Commercial Property In India

Guide To Buying Commercial Property In India

Delhi is the heart of India being its capital and the latest haven for planting swanky malls and shopping centres. This upscale hub of commercial flourishing marks its constant progress through new skyline being painted in the commercial real estate ambience of Delhi and NCR. Newer areas are coming up with their area specific worth of building retail outlets and offices in order to tap potential of benefits of property investments. Both Delhi inclusive of NCR regions are infusing larger projects which are potent to give rise to steady and booming returns on investment.

Some of the budding areas in Delhi to surface and join the bandwagon of developed property market are Jasola from South Delhi, Wazirpur from North Delhi with big projects. While middle or average income Indians are blending to the crowd of upper scale buyers of jazzy, expensive and plush shopping centres and tasting of purchasing opulence. Malls being and have been built in Delhi and surrounding areas mirror the international standard of edifice in the heaven and hub of shipping festival - Dubai and Singapore. In aggregate, Delhi and NCR have over 150 arcades and gracious malls possessing around 26.2 million square feet of lands as per estimation taken in 2006.

Delhi Commercial Properties

Commercial property in India is experiencing layers of makeover as property developers are decking up Delhi with avant-garde architectural shapes and dimensions. Commercial properties are attracting huge investment and have becoming a good alternative to residential property investment. And, why not? After all, commercial properties are alluring investors with higher rental revenues from 8 to 10 percent which is nearly double than 4 to 5 percent scope involved in residential properties.

The areas in Delhi which have been circled by investors as the hottest commercial zones are Connaught Place and some places in South Delhi which see swelling rental rates and near zero level vacancy. Monthly rental rates in such areas rise from Rs. 100 to Rs 150 per square feet. Office space is also a remarkable part of the commercial property developments in Delhi as zones like Saket, Jasola in South Delhi have been aim of major developers of Delhi and NCR including Unitech and DLF and many others.

In Saket, prices for a commercial property targeted for building office space can be about five thousand INR per square feet. Now this was the scene viewed a year ago and now it has escalated to Rs 13,000. Similarly, in Jasola the property prices have soared from the range of Rs 4,500 or 5,000 to Rs 12,000 per square feet within six months.

By: ankita tyagi


About the Author:
Ankita Tyagi is expert content writer on real estate and property India. For more details on commercial property India and residential property India visit:- NextGenProperty.co.in

Article Source: http://www.articlesnatch.com

Singapore Real Estate Expensive Or Not?

Singapore Real Estate Expensive Or Not?

How do you find the most expensive area in the worlds tenth most expensive city? Add to this the fact that the city was just 707.1 sq km in area. Well, that is Singapore for you. From a British Colony, Singapore has come a long way to becoming the fifth largest country in terms of GDP, with the busiest port in the world, boasting a high standard of living and a hotspot for tourists from all over the world. Bearing all of this in mind, just how expensive is it to live in Singapore?

Residential property in Singapore is quite affordable to Singapore citizens, who prefer living in the HDB flats built by the government. These flats are comfortable, almost as good as luxury apartments in most other countries. Private housing in Singapore is available for non citizens and comprises of luxury executive condos and bungalows. The rent for a 4-5 room condo could be between SGD 3000-6000, or even more depending on the area or locality.

Singapores commercial and central business district is the most expensive real estate you can find. This happens to be the Central Region, a region comprising of 11 urban planning areas: Marina East, Marina South, Downtown Core, Newton, Museum, Outram, Orchard, Rochor, River Valley, Straits View and Singapore River. Most of these are commercial, entertainment areas filled with shopping malls, restaurants, hawking zones and entertainment areas. They are places that locals and tourists flock to with great enthusiasm and thus are some of the most expensive areas in Singapore. The Central Region comes in Districts 9, 10 and 11.

However, the prices of private property in Singapore are dropping, in no small part to the global economic meltdown. At the end of 2008, prices of private property were down by 6.1%. This is obviously bad news for Singapore, but good news if you are in the market to buy. But even with the decrease in prices Singapore is the ninth most expensive property market in the world in 2009, according to the Global Property Guide. The price of one sq. m. in Singapore is a whopping $9,701 and it is only a little behind Tokyo and Hong Kong.

So how expensive is Singapore? Well, that is relative. To those living in much more expensive cities, especially in the Europe, Singapore may sound quite cheap for temporary accommodation. In fact many European citizens may actually use the current fall in property prices to begin investing in Singapore real estate. However, to most Asians, Singapore does become quite expensive when compared to Thailand or Malaysia.

By: Jacob George

About the Author:
Jacob George is an Internet Enthusiast. Find Realestate agency with highly professionals for Singapore Property, Singapore RealEstate & Singapore Properties

Article Source: http://www.articlesnatch.com

Pessimistic Hong Kong Real Estate Forecast

Pessimistic Hong Kong Real Estate Forecast

The financial crisis from which the entire world has to suffer, didnt give the Hong Kong real estate market a break. At the real estate agencies around the city, prices have dropped 20 percent in November 2008 and this will continue in 2009 furthermore. Growing public expectations of a repeat of a 2003 slump, when the outbreak of severe acute respiratory syndrome (also known as SARS), ravaged the entire Hong Kong economy, prompted Sun Hung Kai Properties to predict last week that prices would rebound 5 percent in 2009. Lee Shau-kee, the chairman of the Henderson Land has a different opinion as he stated that the bad times have past for the Hong Kong real estate market and he also added that the worst of the world economic slowdown was yet to come. On the contrary, Stephen Riady who is the president of Lippo Group stated: I think Hong Kong will probably go down much more. It's a very volatile market. It'll go down more than Singapore.

At the end of November 2008, a Reuters poll of analysts showed that the apartment prices in Hong Kong will go down 20% by the beginning of 2010 just like the prices from Singapore will go down by 21%. Even worse than that, a brokerage house specializing in derivatives called GFI Colliers stated the Hong Kong real estate prices will hit rock bottom in December 2009 when the prices will be -25% in comparison with the present prices. The vice-president stated that many landlords (starting from small to big ones) wanted to switch to cash but the prices continued to go down because they couldnt find any buyers for their homes and banks were requesting down payments between 30%-40% compared to only 10% which was in the prior crisis period.

Beek said that: Some are off-loading at 30 percent discounts, but struggling to sell and Many buyers think they might as well wait another four or five months for prices to come down more. The Hong Kong real estate transactions reached a 17-year low in November 2008 down almost 87% in value from 2007. The entire territory is in recession, not just only the real estate domain; exports reached unprecedented minimums due to the continuous weakening global demand. Fully dependent on the financial industry, many people are facing large-scale job cuts at hedge funds and investment banks.

Another punch taken by the real estate market was when the mortgage rates were increased by the Bank of China Hong Kong and HSBC. An analyst at CLSA by the name of Nicole Wong affirmed that she expects that the residential prices will go down by 15% in 2009. She also stated that real estate outperformed the Hang Seng index when home prices slid in 1998 and 2001, and said that Sun Hung Kai, Henderson and Sino Land had value.

All things considered, the situation isnt very good for the Hong Kong real estate market but hopefully in 2010 the situation will get back on a normal track not only for Hong Kong but for the entire world because the crisis affects each and everyone.

By: Ralph W.

About the Author:
Ralph W. is the manager of www.bindoa.com where visitors can get information about Hong Kong real estate.


Article Source: http://www.articlesnatch.com

Renting Apartments In Singapore Can Be A Good Decision By: Wantanee Khamkongkaew

Renting Apartments In Singapore Can Be A Good Decision

The Republic of Singapore is an island nation situated at the southern tip of the Malay Peninsula. It is around 137 kilometers north of the Equator, south of the Malaysian state of Johor and north of Indonesia's Riau Islands. Singapore is one of the remaining city-states in the world and the smallest country in Southeast Asia. Singapore holds several accommodation facilities with different amenities.

Apartments have a big place among the accommodation facilities available in Singapore. The decision to rent an apartment in Singapore can be a good decision. If you are planning for a short stay in the vibrant city of Singapore then it is better to go for an apartment rental. By this way you can simply avoid the costs of upkeep associated with the apartment.

Some times it is very difficult to make an apartment feel like home. This thing will be true if your apartment owner is very stern about the type of decorations you can do within your apartment. There are some simple tricks to make your apartments feel like home. The first way to make this possible is to make the larger rooms in the apartment to smaller ones. This can be done by the help of folding screen which is available in the market. You can easily buy a folding screen which has your favorite display printed on it. If your mind is creative then you can buy old door and then decorate it with wallpaper and other decorative.

You can also provide a personal touch to your apartment by changing the basic knobs of the cabinets in the apartments with something decorative and suites your personal style. You can also change the entire cabinet door to make the cabinet more attractive. There is no provision to rip out the carpet and repaint the walls of your rented apartment, but you can make some changes to the look of the walls by attaching flat sheets or you can even create wall forms to fit snuggly against your walls. For changing the look of floors you can simply create your own rug using carpet samples.

There are several things that you can do to make your rented apartment in Singapore more beautiful. You can create a new look in your bathroom by attaching a fabric skirt around the wall mounted bathroom sink. Artworks and plants can be placed in the apartment to increase its beauty. You can hang lightweight picture on the walls without making holes in the wall. If you are person with little imagination and creativity then you can make your rented apartment in Singapore a vibrant home.

Some people believe that the life in an apartment is the recipe for living. According to experts "Time to enjoy family & friends" make the people happy. So the noticeable conclusion from all this is that apartment residents are happier than all other people who are staying in other places. Most of the people around the world like to rent an apartment than buying a home. The first and most important reason to live in an apartment is that there is no yard to mow.

In an apartment you will never have to pull weeds, worry about taking care of fire ant problem misuse water on the lawn to remain your grass green. Freedom in the apartment is the next important factor that attracts most of the people towards apartments. You can move anywhere at the end of the lease with the apartment owner without any legal barrier.

In apartments in Singapore you will get the facilities which are available in a star hotel in Singapore. You can use pool and deck areas at any time of the day without the tension about up-keeping.

Now-a-days renting an apartment in Singapore is much cheaper than ever before. If your are staying in your house then you have to take care of toilet breaks, refrigerator runs, door falls off it's hinges, sink leaks, develop a pest problem, or any number of the possible things that can happen. In an apartment you can simply inform the management whenever you face a situation like above. They will take necessary steps and make the things in order at the earliest. Most of the apartments in Singapore hold fitness centers. This facility is free to use for those who are staying in the apartment complex.


By: Wantanee Khamkongkaew

Article Source: http://www.articlesnatch.com

About the Author:
Wantanee Khamkongkaew is an independent author evaluating and commenting on leading International Property Consultants in Asia and Greater China, especially CB Richard Ellis.

Thursday, November 19, 2009

Helpful Tips About Houses for Rent in Singapore

Helpful Tips About Houses for Rent in Singapore

Whether you are an expatriate stationed in Singapore for a period of time, a bachelor looking for your own pad or urgently need a place to stay but are unable to afford a whole new home yet, then renting in Singapore would be the most viable option you have. There are many things to look out for when renting a house, so these helpful tips about houses for rent in Singapore will definitely come in handy when you should decide to look for one.

When choosing a house to rent, consider its location and the facilities located nearby. Take into consideration your work place, your children’s schools, the estate’s environment, and quality of furnishing that exists in the area. Does the rental price justify the convenience that comes along with it? More importantly, is the rental price within your budget? Having a checklist of these factors will definitely be useful in helping you decide on your preferred location and the type of housing suitable for you.

Rental properties can come either fully or partially furnished. As such, it is important that you find out if the rented property is able to meet all your needs. Also, take into consideration other expenses such as your electricity and telephone bills as they form a large part of your total monthly expense. This is because they will affect the amount of money you decide to spend on rental and home maintenance each month.

After finding a suitable property to rent, you then have to submit a “Letter of Intent” to your future landlord. It is part of a formal procedure that is carried out to indicate your intention to rent the house, all which will usually be covered by your property agent. Both the landlord and you, the tenant, will then sign a “Tenancy Agreement”, bearing the names of both parties, payment details and an inventory of the contents in the house for example. You will also need to provide a copy of your passport, employment pass as well as the first month’s rental fee as an initial deposit.

There are also other fees and commissions that need to come out of your pocket when renting a property. For instance, both you and the landlord will need to pay the agent’s commission, usually in equal amounts. You, the tenant will also be required to pay a stamp fee, which varies according to the annual rent of the property. Also, Singapore Power Services (SPS) will usually require you to make an initial deposit before providing you will your utilities. The exact value will depend on the type of housing you have as well as your citizenship type.

Thus, whether you are looking for a HDB flat, Condo, or various types of landed properties, renting in Singapore today can be made easy if you know these helpful tips about houses for rent in Singapore. As such, whether you are single or married, renting a house is no difficult task if you know what to look out for and the proper steps to take.

Learn more about properties to rent in Singapore. You can search for apartments, condos or houses for rent, hdb rental and more.

By MeyerJan

Article Source: http://www.articlesbase.com/real-estate-articles/helpful-tips-about-houses-for-rent-in-singapore-724011.html

Luxury Wedding Villa in Bali

Luxury Wedding Villa in Bali

Bali with its picturesque beauty attracts a vast majority of tourists all the year round; it holds its own distinct place among Asian Wedding destinations. Its charm is not restricted to a specific age group of travelers. Bali attracts Wedding Couples, honeymooners, singles and families alike. Every year a great majority of couples choose Bali for their Destination Weddings.

The most idyllic way for a couple choosing to marry on the ‘island of the Gods’ is to celebrate their wedding ceremony and reception in a private Bali villa.This precious day should be one of perfection and a private Bali villa set within a tropical garden environment creates an intimate ambience that every bride and groom and their close circle of family and friends will cherish forever.

The range of villas suitable for a wedding in Bali is as diverse as the island itself. Whether a couple wishes to immerse themselves in a location nestled within Bali’s most sophisticated quarter, traditional village hinterland surrounded by rice terraces or just simply have access to stunning sea views – there are villas that take every taste and budget requirement into consideration.

One of this villas for wedding venue is The Istana Villa. The Istana is a Private clifftop villa, where indulgence meets luxury. The Istana private luxury villa is located on the southwestern tip of Bali. This five bedroom private estate rests on a large block of west facing cliff top providing unparalleled sunset views. Every luxury for the modern day visitor is found in the Istana.

The Istana is Bali’s Luxurious private villa. With a name that translates as ‘palace’, it manages to fulfill that in every dimension. Set atop a dramatic Indian Ocean
cliff top and neighbouring the revered cliff-side temple of Uluwatu, it is in view of one of the best surf breaks in the world and will very good for your wedding venue.

Many couples take a year or longer to plan a wedding, but that does not mean that it cannot be done more quickly. There can be many reasons why a bride and groom decide to get married as soon as possible, and even when you do not have the luxury of time, you will still want to have a great wedding with all of the trimmings. For those couples who just can't wait to walk down the aisle, just contact one of Bali wedding organizer : Bali Exotic Wedding and They will taking care it for you.

By Dharma Putra

Dharma serves as online marketing consultant of Find Bali Villas and Bali Villas.

Article Source: http://www.articlesbase.com/exotic-locations-articles/luxury-wedding-villa-in-bali-922174.html

Sydney Serviced Apartments of Different Types

Sydney Serviced Apartments of Different Types

Sydney is the most beautiful city in Australia. It is also among one of the most attractive cities in the world. There is so much to love about Sydney. If we talk about Sydney attractions, there is a huge list. Sydney aquarium water theme park, Ocean World Manly and shark dives are among the aquatic attractions of Sydney. To enjoy the stunning Sydney views, towering adventures are there.

Oh yes! Wildlife attractions can not be neglected. If you are in Sydney on a holiday tour, don’t miss its wildlife. You can see wild animals like wallabies, kangaroos, cute koalas and lots of others, that will prove to be an entirely new experience for you.

Going on a holiday tour to Sydney assures you a lifetime of memories, not only in terms of Sydney attractions, but also in terms of where you stay. This is an unarguable fact accepted by the people who have been to Sydney at least once.

Sydney is filled with fully equipped luxury apartments, which are categorized as follows:

Sydney Serviced Apartments - Serviced apartments Sydney are located in Sydney CBD. Sydney serviced apartments CBD have every luxury a person could ever need or want. The facilities offered by Sydney serviced apartments include LCD or plasma TVs with DVD player, Foxtel TV with over 50 channels and ADSL internet connections with desktop, and that too, with no extra charge. A fully furnished kitchen with facilities such as microwave, oven, dishwasher and others, is also one of the luxurious facilities provided by Sydney serviced apartments.

Sydney Corporate & Executive Apartments - If you are visiting Sydney for business, Sydney corporate apartments are the one, which are specially designed for you. Corporate apartments in Sydney offer the best possible accommodation for your relocating employees. Corporate and executive apartments in Sydney are the perfect alternative to hotel accommodation for the business executive’s needs.

Sydney Short Stay Apartments- Short stay apartments in Sydney are the perfect solution for the families, visiting Sydney for holidays, and for short business trips. Unlike hotels, you get a home away from home, in another country. Short stay apartments in Sydney are designed to be spacious enough to give you room to relax.

These furnished apartments are available in one and two bedroom choices, giving you the option to choose your apartment as per your requirements. Such furnished apartments in Sydney provide luxurious facilities without any extra charge. They are affordable to a person on a restricted budget. Therefore furnished apartments in Sydney are the complete package - whether for tourists, or business delegates.


By Alex Andrew

For More Information Please Visit:- http://www.sydneyservicedapartments-cbd.com.au/

Article Source: http://www.articlesbase.com/hotels-articles/sydney-serviced-apartments-of-different-types-1055486.html