Monday, October 4, 2010

Overview of Singapore's Property Market in the Next 6 Months

There has been a steep recovery for property prices in the past few months. Looking ahead, investors are faced with two questions: what can be expected of the property market in the next 6 months and what does it mean for them?

According to our in-house indicators, property prices will continue to increase, but only in moderation. The sustained increase in property prices can be attributed to several factors, one of which is the general positive outlook on the economy in Singapore and in Asia. Singapore's economy grew a robust 15.5% on a year-on-year basis in Q1 2010; meanwhile the Ministry of Trade and Industry (MTI) projects a healthy 7% to 9% GDP growth in 2010. These indicators point toward an economy on the up-swing and possibly better job prospects, thus fuelling demand in the property market. In fact, according to URA, the volume of transaction for private homes increased 25% in April from March to 2207 units. Also, a recent poll by PropertyGuru shows that 70% of potential homebuyers will purchase a property in the next 24 months, evidence that homebuyers' demand for property can still be sustained for the next 2 quarters.

Another factor contributing to the sustained increase in property prices is the recent opening of the two Integrated Resorts (IRs), Resorts World Sentosa and Marina Bay Sands, which casts a spotlight on Singapore and serves as a catalyst in attracting potential global investors to Singapore's property market. It is hopeful that these investors are suitably impressed with Singapore's sound infrastructure and political stability and want to invest here, hence fuelling demand for luxury residential and commercial projects and pushing up property prices.
We might also consider the recent opening of MRT stations on the Circle Line as a contributing factor, as they serve to increase the value of residential homes nearby.
However, one should note that this sustained property price increase will only occur in moderation due to several downside factors, one of which is the Eurozone Greek debt crisis. Given the uncertainty faced by the European economy and its domino effects on the global economy (and subsequently the Singapore economy), investor confidence might be rattled. Doubts cast on job stability could force investors to reconsider purchasing a property, easing demand on property and dampening any excessive price increase.

Another factor that might impede the growth of property prices is the anti-speculative measures introduced by the government in September 2009 and February 2010 to prevent the property market from over-heating. These measures have since gained traction and serve to stem excessive growth of property prices.

To conclude, property prices have been on the rise and will continue to be, albeit in moderation, due to an uncertain global economic outlook attributed to the Eurozone Greek debt crisis and anti-speculative measures implemented by the Singapore government. We feel that a conservative stance should be adopted and advise investors to tread with caution because the investment objective of capital appreciation might not be substantially met. However, this does not entirely rule out the possibility of investing in property for the next 6 months. Long term investors such as homebuyers or investors banking on rental income may still consider the option of purchasing property.

(ArticlesBase SC #2531030)


Read more: http://www.articlesbase.com/ask-an-expert-articles/overview-of-singapores-property-market-in-the-next-6-months-2531030.html#ixzz11SpjtjmK
Under Creative Commons License: Attribution
Ascendant Assets - About the Author:
The above article is written by Tan Shu Xian, an intern with Ascendant Assets Pte Ltd. Shu Xian is currently in her third year of study at National University of Singapore (NUS), Faculty of Science.



Singapore Property Cooling Measures

Will Singapore Property Cooling Measures Work?
The Government announced the following measures to maintain a stable and sustainable property market:
1. Increase the holding period for imposition of Seller's Stamp Duty (SSD) from the current 1 year to 3 years (the 1-year SSD was imposed only in February 2010).

The stamp duty levied on residential properties stays at 3% of the selling price less S$5,400 for properties sold within one year. However, for properties sold in the second year, the rate is 67% of this 3% stamp-duty rate. Sellers of properties within the third year of purchase will incur 33% of the 3% rate.

Presumably, most investors of a second private property will seek financing for their purchase. For these buyers, the new measures will lower their future Return on Equity (assuming sale within three years) as the benefits of cheap leverage from current low interest rates are significantly reduced. Some have commented that the SSD resembles a capital gains tax.

For property buyers who already have one or more outstanding housing loans at the time of the new housing purchase:

2. Increase the minimum cash payment from 5% to 10% of the valuation limit;

This means the amount of CPF monies plus housing loan that can be used for purchase of a property will be reduced from 95% to 90%.

3. Decrease the Loan-to-Value (LTV) limit for housing loans granted by financial institutions regulated by MAS to these buyers from the current 80% to 70%.

If you consider a $1m home, you have to pay $100k in cash and can borrow up to $700k of housing loans. The remaining $200k will be from CPF/cash.
In addition, the HDB announced some additional actions that are aimed at increasing public housing supply and dampening demand from those not in urgent need of housing.
The HDB announced measures to:
1. Increase the supply of new HDB flats, Design, Build and Sell Scheme (DBSS) flats, and Executive Condominiums (EC);
2. Allow households earning between $8,000 and $10,000, to buy new DBSS flats with a $30,000 CPF Housing Grant;
3. Shorten the completion time of Build-To-Order (BTO) flats;
4. Increase the Minimum Occupation Period (MOP) for non-subsidized HDB flats from 3 years to 5 years; and
5. Disallow concurrent ownership of both HDB flats and private residential properties within the MOP.

Previously, buyers who owned non-subsidized HDB flats could own private properties during the minimum occupation period, as long as they lived in the HDB flats. This was also true vice versa. Buyers of subsidized HDB flats, however, are now not allowed to own private residential properties within the 5-year minimum occupation period. The change in ruling appears aimed at addressing the disparity in the treatment of the two groups and provide more help for first-time home buyers of public housing.

The HDB measure to lengthen the MOP and the concurrent ownership of private residential properties during the period will likely restrict investment demand for HDB resale flats as well as in the upgrader, mass-market segment.

The changes in HDB rules will also affect demand. A record 22k HDB flats will potentially be released in 2011 to satisfy demand. For 2010, HDB plans to release 3k units of design-build-sell (DBSS) flats and 4k executive condominiums for tender. Owners of non-subsidized HDB flats are also now barred from buying private properties within the minimum occupation period. While the purpose is to ensure HDB flats are purchased for owners' stay, the latest measure appears to preclude buyers currently living in resale HDB flats for less than five years from investing in private properties for rental yields too. Based on URA estimates, around 40% of the buyers of new private units have HDB addresses.


Not Yet The Peak of Policy Risks

The Government has repeatedly warned that more measures would be introduced if the froth in property prices does not abate. This set of measures is further demonstration of its willingness to take steps to ensure a sustainable property market. CIMB Research writes "if prices and volumes continue to climb, we believe other measures could include: 1) extending the 70% LTV limit to first-time buyers with no outstanding loans; 2) a capital-gains tax; and 3) credit restrictions for foreign buyers." Daiwa Capital Markets Research believes that if "the market continues to remain buoyant (with price increases of over 5% per quarter), we should expect even more severe measures".


Speculator Standpoint

While this latest regulation seems to be a "mild warning" especially for HDB speculators, it is uncertain if it can halt the bull run of the private property market for the following reasons:

1. Increase in foreign demand resulting from Singapore's push into the international scene with the Youth Olympic Games, Formula 1, Casinos and new tourist attractions. More and more foreigners are bringing their children to study in Singapore; evident from the rise in foreign children in our public school classrooms. We are also attracting foreign talent/workers across the economic value chain. All these will increasingly spur the demand for private property on our sunny island.

2. HDB is clearly a disadvantaged asset segment (compared to private property) with a 5 year holding period, slower capital appreciation, restriction on rental, and restriction on multiple property holdings. This may cause investors, assuming they are still bullish on property, to shift their capital to the private property segment in the near term. Fueling this trend will be genuine homebuyers who can afford private property, and who choose to give up "starting out" with a subsidized HDB to enjoy the freedom of private property from the onset.

(ArticlesBase SC #3219845)


Read more: http://www.articlesbase.com/real-estate-articles/singapore-property-cooling-measures-3219845.html#ixzz11SpWDI3D
Under Creative Commons License: Attribution
 
Glenn Ho - About the Author:
AsiaPacFinance.com is an online resource for financial information/news and investment education, with primary focus within the Asia Pacific region:
http://asiapacfinance.com/

Learn to Invest:
http://asiapacfinance.com/video



Read more: http://www.articlesbase.com/real-estate-articles/singapore-property-cooling-measures-3219845.html#ixzz11SpZAcIw
Under Creative Commons License: Attribution

Residence for Sale : Condominium Condominium at Panwa Cape, Phuket

Project Name :
Condominium at Panwa Cape

Location :
Phuket

Zone :
Central

Unit size : {0} Sq.M.
106.00

No of room :
2 bedrooms/2 bathrooms

Furnishing :
FULLY

Selling price(THB) :
5,150,000.00

Sale price/ Sq.m. :
48,584.91

Facilities :
Garden, Spa, Car Park, Air Conditioner, Telephone line, Internet, Swimming pool, Balcony, Well Water, Ceiling Fan, Water System, Hot and Cold Shower, Built-in Wardrobe, Bath tub

 Please call 02 688 7555 Plus Property for more details.

Residence for Rent : Condominium The Pride, Pattaya

Project Name :
The Pride

Location :
Pattaya

Zone :
Other

No of room :
1 bedroom/1 bathroom

Furnishing :
FULLY

Rental (THB/ month) :
22,000.00
 
Please call 02 688 7555 Plus Property for more details.
 
 

Residence for Rent : Condominium Avatara, Pattaya

Project Name :
Avatara

Location :
Pattaya

Zone :
Jomtien

No of room :
1 bedroom/1 bathroom

Furnishing :
FULLY

Rental (THB/ month) :
30,000.00

Brand new “designer” unit in one of the top condominiums on Eastern Seaboard area. Only 50 meters from the beach and numerous restaurants. Within easy distance you can find tourist attractions, shopping, leisure activities etc.

Please call 662 688 7555 Plus Property for more details.

Residence for Rent : Condominium Siri at Sukhumvit, Bangkok

Project Name :
Siri at Sukhumvit

Location :
Bangkok

Zone :
Middle Sukhumvit (Soi 23-55)

No of room :
1 bedroom/1 bathroom

Furnishing :
FULLY

Rental (THB/ month) :
35,000.00

Facilities :
Pool, Fitness, Sauna, Garden, Security Key Card Access Control

 Please call Plus Property for more details 662 688 7555

Residence for Rent : Condominium Lake Avenue, Bangkok

Project Name :
Lake Avenue

Location :
Bangkok

Zone :
Early Sukhumvit (Soi 1-21)

No of room :
2 bedrooms/2 bathrooms

Rental (THB/ month) :
70,000.00

Facilities :
Pool, Fitness
 
Please call Plus Property 02 688 7555 For more details.

Saturday, October 2, 2010

The Base

By mathakoz Prakard.com






Tuesday, September 21, 2010

Onyx Loft Plan

Onyx Loft

rhythm sukhumvit 65

credit tarad.com/yousavehere http://www.prakard.com/default.aspx?g=posts&t=320392



Tuesday, September 14, 2010

Rhtyhm 50



















from http://prakard.com/default.aspx?g=posts&t=319055 by tae001

Saturday, September 11, 2010

Friday, September 10, 2010

Wednesday, September 1, 2010

Saturday, August 21, 2010

Sunday, August 8, 2010

Rhythm Ratchada for sale 1 bed

Rhythm Ratchada for sale 1 bed

For sale Sale 1 bedroom 45 sq.m, just a few steps to mrt station

For rent Life @ Ratchada-Suthisan, 1 bedroom

For rent Life @ Ratchada-Suthisan, 1 bedroom

1 Bedroom unit for rent, 41 sqm. Fully furnished , 2 air conditions, LCD TV, Fridge, Microwave Oven,WiFi

For sale Land 19 Rai Pathumthani

For sale Land 19 Rai Pathumthani Klong 9 Suit for developers
Residence for Sale  : Condominium
Rawai Seaview Condominium, Phuket
ID : CD102721

A semi furnished apartment in Rawai overlooking the sea. This 126 sqm apartment has 2 bedrooms, 2 bathrooms and a western style fitted kitchen. The apartment is air conditioned throughout. The apartment is located 10 minutes from one of the most beutyful beach, Nai harn beach.


Project Name :
Rawai Seaview Condominium

Location :
Phuket

Zone :
South West (Kamala, Patong, Karon, Kata, Naiharn, Rawai)

No of room :
2 bedrooms/2 bathrooms

Furnishing :
SEMI

Selling price(THB) :
5,800,000.00

Sale price/ Sq.m. :
46,031.75

Please call 02 688 7555 Plus Property

Residence for Rent : Condominium Supalai Oriental Place, Bangkok

Residence for Rent  : Condominium
Supalai Oriental Place, Bangkok
ID : CD101144


Project Name :
Supalai Oriental Place

Location :
Bangkok

Zone :
Sipraya, Bangrak, Silom, Sathorn, Narathiwas

Unit size :
40.00

No of room :
Studio bedroom/1 bathroom

Furnishing :
FULLY

Rental (THB/ month) :
18,000.00

Please call 02 688 7555 Plus Property

Residence for Rent : Condominium Aguston, Bangkok

Residence for Rent  : Condominium
Aguston, Bangkok
ID : CD102300


Project Name :
Aguston

Location :
Bangkok

Zone :
Early Sukhumvit (Soi 1-21)

No of room :
3 bedrooms/3 bathrooms

Furnishing :
SEMI

Rental (THB/ month) :
75,000.00


Facilities :
Pool, Fitness, Sauna, Playground, Steam, Security Key Card Access Control, Multi Purpose Room



Brand New Condo,  spacious unit,  good point of view,

easy access to BTS & near shopping center

Please call 02 688 7555 Plus Property.

Residence for Rent : Condominium Baan Sanploen, Huahin

Residence for Rent  : Condominium
Baan Sanploen, Huahin
ID : CD102701


Project Summary
Project Name :
Baan Sanploen

Location :
Huahin

Zone :
Huahin

No of room :
2 bedrooms/2 bathrooms

Furnishing :
FULLY

Rental (THB/ month) :
70,000.00


Facilities :
Pool, Fitness, Sauna, Playground, Garden, Security Key Card Access Control, Smoke Detector & Fire Alarm


Please call 02 688 7555 Plus Property for more details.

Residence for Rent : Condominium Condominium in Patong Loft, Phuket

Residence for Rent  : Condominium
Condominium in Patong Loft, Phuket
ID : CD102725

The  modern apartments in the heart of Patong, just 800 metres from the beach with easy access to local shops, restaurants and nightlife.
Communal facilities include a swimming pool, children's pool, pool terrace, garden and parking area


Project Summary
Project Name :
Condominium in Patong Loft

Location :
Phuket

Zone :
South West (Kamala, Patong, Karon, Kata, Naiharn, Rawai)

No of room :
2 bedrooms/1 bathroom

Furnishing :
FULLY

Rental (THB/ month) :
32,000.00

Please call 02 688 7555 Plus Property

Residence for Rent : Condominium Condominium in Patong Tower, Phuket

Residence for Rent  : Condominium
Condominium in Patong Tower, Phuket
ID : CD102723

The condominium is on the 13th Floor, Located on prime location, right in the heart of the golden Patong beach, banks, restaurants, entertainment and shopping areas are all nearby.


Project Name :
Condominium in Patong Tower

Location :
Phuket

Zone :
South West (Kamala, Patong, Karon, Kata, Naiharn, Rawai)

No of room :
2 bedrooms/1 bathroom

Furnishing :
FULLY

Rental (THB/ month) :
40,000.00

Please call 02 688 7555 Plus Property

Residence for Rent : Condominium Avatara, Pattaya

Residence for Rent  : Condominium
Avatara, Pattaya

Brand new “designer” unit in one of the top condominiums on Eastern Seaboard area. Only 50 meters from the beach and numerous restaurants. Within easy distance you can find tourist attractions, shopping, leisure activities etc.


Project Name :
Avatara

Location :
Pattaya

Zone :
Jomtien

No of room :
1 bed bedroom/1 bathroom

Furnishing :
FULLY

Rental (THB/ month) :
30,000.00

Please contact Plus Property 02 688 7555

Friday, August 6, 2010

Yucatan Real Estate 2010 - $1.5 Billion for Infrastructure

North Americans looking for Yucatan Real Estate are attracted by several important features, including the numerous world-famous beachfront options, such as Progreso, near the state capital Merida, or Cancun and the Riviera Maya in the nearby state of Quintana Roo, or by the colonial charms of Merida Real Estate, combined with the convenience of all the modern services of a metropolitan. Whether buyers are looking for an excellent Mexico Land investment, a beachfront condo, or a luxury home, Yucatan real estate provides many options. In all cases, the state and federal government realize the economic importance of international real estate buyers, and fully support all kinds of real estate development with ever increasing funding for the infrastructure needed to make life in this area convenient and comfortable.
In the coming year the state of Yucatan itself will have an even bigger infrastructure budget to work with; for 2010 the federal government's investment in the state of Yucatan will be approximately $120 million dollars more than the 2009, in addition to funds for tourism. The total budget from the federal government is expected to be about $1.5 billion dollars, designated for specific improvement projects in the state, mostly in the areas of infrastructure, health and education.
The funds will not only benefit the Merida real estate area and the state of Yucatan, but much of the Yucatan Peninsula (which includes two other states), giving tourists and real estate owners continually improved road infrastructure, among other conveniences.
The Yucatan Peninsula includes some of the most famous choices for both international tourists and real estate buyers, such as Cancun and the Riviera Maya, and less internationally famous, but no less attractive beachfront communities, such as Progreso on the north of the peninsula. It also includes Yucatan's beautiful colonial cities of Merida, Valladolid, Campeche among others. Regardless of where you buy your home, you can travel easily to other parts, enjoying the unique attractions of each place. Highways and roads are kept in excellent condition, and investment is evident in beautifully kept up cities.
As international real estate investment and purchasing in the Yucatan peninsula continues to grow, the government continues to support this growth throw an increasing amount of infrastructure investment in the area, adding confidence and convenience to real estate purchases and lifestyle.
Merry Christmas from:
TOPMexicoRealEstate NETWORK; Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely
(ArticlesBase SC #1615071)
Mitch Keenan - About the Author:
TOPMexicoRealEstate NETWORK; "Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!" Region: Yucatan Real estate by Mitch Keenanhas been a Licensed Broker in the United States since the 1980s. He holds a GRI and a CRS from NAR (National Association of Realtors). With over ten years of living and working in the Yucatan real estate industry, Mitch brings American business ethics and Mexico business experience together to give buyers unparalleled service. 512-879-6546

Source:  http://www.articlesbase.com/real-estate-articles/yucatan-real-estate-2010-15-billion-for-infrastructure-1615071.html

Top 7 Features to Look for When Choosing a Serviced Apartment in Sydney

When planning your next trip to Sydney, serviced apartments are well worth looking at for the many features available. If you've decided previously that hotel rooms are too cramped for your requirements then make sure you search for an apartment building that offers at least these seven features in serviced apartments in Sydney.
  1. Daily Servicing
Daily servicing saves you time and additional expense if not part of the cost of the room. Ensure this is a daily service if you are staying for more than a few days. The last thing you need to worry about whether you are in Sydney on business or for that dream holiday, is having to make the bed and wipe over the bathroom.
Practical Kitchen Facilities If you prefer to cook make sure the kitchen has more than a microwave. Many apartment buildings offer kitchen with full cooking facilities. State of the art and modern ovens and cook tops will give a sense of home away from home. Dining out is obviously an added expense that can be kept to a minimum if you have the area to prepare most of your meals.
Air-conditioning Look for buildings that have air-conditioning controls in the room for personalised climate control. Most buildings are fully air-conditioned these days but not all have that added benefit of individual room control.
Fitness Centres Staying in a serviced apartment Sydney can be an extension of your home life and sometimes better than home with fitness centres, pools, saunas and spas on site. Use your free time to maintain your exercise routine or simply relax and enjoy the pool and spa provided.
Onsite Dining While it is great to have a kitchen for meal preparation there will be those nights when you would rather someone else do the hard work. Select an apartment building with on site dining facilities eliminating the long walk or expensive taxi fare to a restaurant.
Location If you are in Sydney on business you may need to be close to the CBD so check the location of the apartment building and make sure you will be centrally located.
Comfortable Furnishings Most of us have spent time and money making our own homes as comfortable as possible. Therefore when on holiday or business trips the accommodation should match if not prove to be better than what you have at home. There are some ultra modern apartments with king size beds to be found in the heart of the city in Sydney so make the most of your time away.
These are a few of the features to look out for before deciding on the best accommodation options for your next stay in Sydney. There are other features, such as 24 hour reception, security and off street parking that may help you in selecting the best apartment building to suit your needs.

(ArticlesBase SC #2889071)

Kelye Woodgate - About the Author:
Whether it is for business, recreation or simply leisure... you will find it all at The York serviced apartments by Swiss-Belhotel, Sydney's most centrally located suites and residences, strategically located in the heart of Australia's biggest city. To view available suites and locations or to make a booking, visit Serviced Apartments Sydney

Source:  http://www.articlesbase.com/vacation-rentals-articles/top-7-features-to-look-for-when-choosing-a-serviced-apartment-in-sydney-2889071.html

state > What Look Out For In Sydney Serviced Apartments What Look Out For In Sydney Serviced Apartments

When you want to opt for a particular kind of apartments to live in, few can match the convenience offered by a Sydney Serviced Apartment. In fact, these apartments are so good in terms of features and amenities that it is the preferred choice for people who are in town for a short period of time or even for those who are around here for a longer period of time. Many people are warming up to this concept as it is like having a home away from home, something that is definitely a worthy option to have.

In fact, it is surprising that the concept of serviced apartments has not picked up till now. Only a few people are aware of how useful these can be and effectively, the market has still a large way to grown. However, one common aspect that can be observed is that once people have tried it out, they are extremely happy with the apartment and would recommend it to all their friends and family. In fact, a good Sydney Serviced Apartments has a lot of features like round the clock meals and hot water and the like, which means that you will never feel like you went away from your home even for an instant.

There are different levels of comfort available in these Sydney Serviced Apartments as well and depending on what exactly you want, you can choose that particular option. A parameter that you can use to help you make the decision is probably the cost factor. Depending on the size of the apartment that you are looking at, you can probably rent out something that has all of the amenities and in a size that you are okay with. In fact, there are even multiple storey options available, in case you wanted that option.

Additionally, you might have fully furnished aspects in the apartment, like a fully furnished kitchen, which might be loaded with commodities that you can make use of. The idea is to ensure that you don't ever feel awkward and weird and make sure that even when you are in this building, you feel like you are at home. Hence, don't be surprised if your Sydney Serviced Apartment has even a washer and dryer unit right inside the apartment. Many of these apartments are actually fully equipped to handle even extended stays; in case you decide that it is more comfortable than your existing home!

Don't just go to any place in order to look for the kind of Sydney Serviced Apartments that you might want. Only a few good locations might be able to provide you with the exact kind of service that you might be in the market for. Until you are completely satisfied with the apartment, don't book it and be sure that you get your money's worth. Some people look at the pictures of the apartment and book it, only to get something entirely different later on. Hence, you wouldn't want that to happen to you and ideally, you ought to go in only for the kind of apartment that you might like.
(ArticlesBase SC #1656054)

Shivangi Mehra - About the Author:
If you want an envious listing of all the Sydney Serviced Apartments that might be out there, you have to Sydney serviced offices go to the website moveandstay.com and you should find something for your budget and requirement in this site.

Source:  http://www.articlesbase.com/real-estate-articles/what-look-out-for-in-sydney-serviced-apartments-1656054.html

Investing In New Zealand Holiday Homes

Do you take frequent vacations to New Zealand? If so, it may well be that you are interested in purchasing a property in your favourite city or region. Taking the time to think about what kind of holiday home you want as well as what you can afford are both crucial points to making a wise decision. If you are familiar with a particular area of New Zealand and have stayed long enough at differing times throughout the year, it is safe to assume that you know the area well, and will not come across any nasty surprises. Buying an investment property is a big decision, and one often made by people whom have not experienced staying in the country for long periods of time.
There are a few different considerations that will come into play, including the following.
- Location
Holiday homes are prevalent throughout New Zealand from small coastal towns to inner city suburbs. The regional areas you are interested in will help determine what prices you can expect to pay for properties for sale in these areas. Central city properties in Auckland and Wellington for example are likely to be more expensive then rural properties in Taranaki or Waikato. As mentioned above it is highly recommended that you first become familiar with a particular location before considering any serious investment decisions. Location also includes getting to know the local residents and weather conditions. Do you get along with the people living in the area, and does the weather suit your lifestyle?
- Features and Amenities
Are you looking for a luxury house or do you just want to find a place where you and your family can relax and spend time together? You will obviously get what you pay for, but make sure that you get all the features or amenities that you want. If you're able to buy a vacation home, it should be one that you love. Alternatively, you may find a property that requires some work which you could do during each of your trips.
- Revenue Opportunities
Owning a holiday house means that you have the opportunity to rent out your property when you are not utilising it. This presents a great way to generate revenue through the year to help pay for your rates, mortgage, general maintenance and power/gas supply. This option can also bring about a few negative aspects however, such as increased wear-and-tear of your house. It is recommended that you consider a real estate company that offers property management for peace of mind that your investment property is being well looked after and left in excellent condition.
When you are looking for a New Zealand holiday home these are important considerations to keep in mind. Take the time to find the perfect holiday house. A home away from home in a country as beautiful as New Zealand deserves to be equally enjoyable and relaxing, so make your decision a wise one. Remember also, that if you're not quite ready to buy you can still rent holiday homes for your vacations.
(ArticlesBase SC #1968743)

Bruce Spurdle - About the Author:
Bruce Spurdle started his Real Estate career in Te Kuiti, New Zealand, in 1969. He now oversees 9 Real Estate offices across the central North Island of New Zealand. These are spread between the beautiful coastal town of Whitianga on the Coromandel Peninsula, down through the Waikato, and King Country to the ski-resort town of Ohakune on the southern side of Mount Ruapehu. The 40 years in Real Estate has seen Bruce's business expand in the number of offices operating, expand in the number of quality & knowledgeable salespeople employed and expand to cover every aspect of the real estate industry. Bruce's team, market and sell all real estate urban, rural, commercial & industrial; plus a strong property management division where rental properties are managed on behalf of absentee owners. www.nzrealestateforsale.co.nz : New Zealand Holiday Homes
Source:  http://www.articlesbase.com/real-estate-articles/investing-in-new-zealand-holiday-homes-1968743.html

Real Estate for Sale in New Zealand? Auctions May be Way To Go. What Constitutes a Successful Auction?

If you have a house for sale in New Zealand, or indeed anywhere, you may be wondering what is the best method of sale for me and my property in the current economic market? The answer is simple. Auctions.
There is a common misconception amongst the public regarding auctions. If a property goes to auction, has multiple bidders, and sells above the reserve price then that auction is deemed a huge success, and rightfully so. However, many people assume the opposite, that if a property goes to auction, has few or no bidders, and is passed in to the auctioneer, then that auction has failed. But in fact nothing could be further from the truth.
In a buoyant housing market the transparent auction process works perfectly, placing buyers in direct competition with one another raising the price that the top bidder ultimately pays. Then again, in a buoyant market with many prospective buyers for a single property almost any method of sale will be successful. The question is, what do you do in a questionable market?
It is at this point that auctions really come into their own.
During times of uncertainty, when markets are poor, it can be difficult to set a price on a property. Auctions are a fantastic way of figuring out just how much a property is worth. In fact, some of the most successful auctions for real estate in New Zealand are those where purchasers assume that the price will be higher than they are willing to pay.
When a property is first listed as an auction, both vendor and salesperson are unsure of the market price for that particular property. It is the salespersons job during the three week marketing process leading up to the auction, to question potential buyers to determine where they value the property. Sometimes this process yields one or more extremely motivated buyers leading up to the auction but not always.
If you have ever been to a real estate auction in New Zealand you may be curious as to what it means when a property is passed in. When an auctioneer passes a property in on behalf of the vendor it is a public statement of where the salesperson, after three weeks of research and education, genuinely believes that there will be at least one genuine buyer.
Thus this indicates to the market two things:
1) There is no point in a buyer thinking they can purchase the property for less.
2) More importantly, it indicates to the market the lowest starting point for genuine negotiations.
If the salesperson has accurately determined the value for a property, then that property often sells within a short period after an auction for a price slightly higher than the pass in figure. However if it does not sell at auction or soon after, it gives the salesperson a starting point for discussions with the vendor to accurately price the property.
As a vendor with property for sale in New Zealand, it feels great to see multiple bidders compete against one another and raise the price of your property above your reserve. Yet a clever salesperson can pass a property in through auction and still wind up with one genuine buyer only a short while after auction willing to pay a fair price.
Unfortunately, for various reasons, usually based on a bad past experience salesperson or based upon misconception and misunderstanding, not every vendor is comfortable with the auction process. In such cases, one may need to look at other methods of sale. The overriding principle being that the relationship between salesperson and vendor is a critical one and must be based upon mutual trust.
Every property in any market can be auctioned given a skilled salesperson. The only variable in the equation that needs to be checked is the vendor. If he or she is comfortable with the process than there is no better method of sale one can utilize when trying to sell real estate here in New Zealand or abroad.
(ArticlesBase SC #1080833)
Simon Damerell - About the Author:
Simon Damerell is one of the co-principals at Ray White Ponsonby, Auckland New Zealand. Having lived in the greater Ponsonby area, on and off, for the past 40 years, Simon's respect, dedication, and knowledge of the area is unparalleled.
Source:  http://www.articlesbase.com/real-estate-articles/real-estate-for-sale-in-new-zealand-auctions-may-be-way-to-go-what-constitutes-a-successful-auction-1080833.html


Condo in Malaysia Good Real Estate Option

In these modern days of economic volatility many future real estate customers in Malaysia and also other regions are thinking about buying a condo as opposed to a single family home. In years past when an individual was seeking out that perfect piece of real estate they would not generally think about a condo. Truth told, the purchase of a condo is in essence the same as buying a single family home. Nonetheless, there are some differences and issues people must take into consideration before making your decision on which kind of property in Malaysia you really can afford or fits your expectations.

The very first thing many new home consumers will need to consider is cost. It's almost always true that a condo in Malaysia will surely cost less than a single family home. Costs will vary based on the location in which the property is located. It will also vary depending on the actual size of the unit, the floor as well as the on-site services. Despite the fact that the main cost of the condo is less you must find out how much the condo fees are. Sometimes this could add a reasonable amount more to the monthly mortgage payment. Nevertheless, typically it is still of lesser cost then choosing a home.

A condo maintenance fee is paid by each resident in the condominium complex. These types of fees will usually cover the cost of lawn care, roofing expenses, drive-way, handymen, and amenities such as a pool or gym. Sometimes it is exceptionally beneficial for anybody who does not want to worry about upkeep of their property in Malaysia. A number of utilities are usually covered in the condo maintenance fee for example water and sewer and trash collection.

Similar to a standard single family home, the condo owner will need to pay their own property taxes at the same time will have to purchase a certain amount of insurance. This is usually some sort of liability insurance. This is something which the future owner of a condo in Malaysia should validate with the real estate broker prior to signing the property contracts.

Various other things one needs to think about before buying a condo in Malaysia would be as follows:

1. Make sure that you will be happy living in a property complex which includes many units and sharing common space with other home owners of the condominium complex.

2. Remember to thoroughly read the condo association regulations and rules. Some condominium complexes never allow pets, or do not allow the owner to fix up their condo without obtaining prior consent.

3. Be sure you make sure that the condominium complex is secure.

As you see buying a condo in Malaysia can be the ideal solution for somebody seeking out to buy a real estate property. Just be sure that all your requirements are covered and that the pricing is within your spending budget.
(ArticlesBase SC #2790977)

Sharon Dawkins - About the Author:
Condo Malaysia the perfect Property And Real Estate Search engine.

Source:  http://www.articlesbase.com/business-articles/condo-in-malaysia-good-real-estate-option-2790977.html

Relocating to Shanghai? Familiarize yourself with properties in Shanghai

For anyone who is relocating to a new country, the biggest challenge is to find an accommodation as per one’s housing needs and budget. The best way to assure yourself of finding accommodation in a quick and hassle-free manner is to familiarize yourself with the different housing options available in that particular country.

If you are relocating to Shanghai, here is a brief introduction to properties in Shanghai to help you choose the best Shanghai property for a comfortable and memorable stay in this great city.

Properties in Shanghai cover a wide spectrum in terms of building style, facilities, environment, and price range. For the sake of convenience, real estate in Shanghai can be divided into old property in Shanghai and new property in Shanghai. Old Shanghai property includes Old Shanghai apartments, Lane houses, and Old garden houses. New Shanghai property includes new apartments, new Villas, and serviced apartments.

Old Shanghai properties are built around the theme of low-rise European style of architecture. You can find them along the quiet and historic tree-lined streets Of Shanghai at popular areas, such as Former French Concession Area, Xintiandi, and Jing'an Temple area.

Old Shanghai property provides good housing option to the expatriates as most of them offer basic amenities for a comfortable living. Also, they allow the expatriates to enjoy close proximity to various office towers and business districts and the comfort and convenience of living within the walking distance of shopping malls, grocery stores, and restaurants.

The rental of Old properties in Shanghai is affordable which further adds on to its popularity amongst expatriates.

New Shanghai properties are recently built suiting the Western Style of living. Most of them are equipped with shopping centers, modern club facilities, gymnasium, swimming pool, sport facilities, restaurants, 24 hour security management, en suite facilities, and lot more.

You can find New Shanghai property in Pudong, Xintiandi, Jing'an, and Hongqiao areas. These areas in Shanghai have emerged as major business zones. Renting New Shanghai property in one of these areas is a good option for expatriates who are working in these areas.

One can also find Shanghai new properties in Zhudi Town area, Gubei area, Green City area, and Zhangjiang High-tech Park area. These areas allow close proximity to many international schools.

The monthly rent for new Shanghai property is more compared to Old Shanghai properties. It usually ranges between $5000 and $15,000.

Hopefully, the above information on Properties in Shanghai would help you find an appropriate Shanghai property. If you wish, you can avail the services of Shanghai property agent of repute. He would help you find the best Shanghai property that best suits your housing needs and pocket. One such Shanghai real estate agency that is worth mentioning is New Port China. To know about their services, please log on to www.newportchina.com
(ArticlesBase SC #1084058)

Dodo Wu - About the Author:
Dodo is a famous writer who writes on the topics related to Shanghai Property, Property in Shanghai, Shanghai Apartment for Newportchina.

Source:  http://www.articlesbase.com/real-estate-articles/relocating-to-shanghai-familiarize-yourself-with-properties-in-shanghai-1084058.html

Phuket Land Types And Titles

There are many different types of land titles in Thailand. This article will cover some of the land titles I have seen and know about here in Phuket while dealing with real estate here over the last seven years.

Sor Kor 1
A Sor Kor 1 was used a long time ago but still exists today in many places in Phuket and it Thailand. This type of title gives you the right to farm the land but not sell the land. It is very much like a right to use the land. I have heard this sometimes is also known at the possession right to use the land. Be careful buying land near this kind of land as it delays the Chanote making process by several months as I learned before because you need to get it approved by another local government office.

Por Bor Tor 5
Por Bor Tor 5 land is generally farm land or agricultural land and listing as having no owner at the local office. This kind of land has been built on in the past. It is very common here on the island here and around Phuket. The village chief is usually the one who administers and controls this land.

Por Bor Tor 6
Por Bor Tor 6 land is the documentation in order for the tax number to be given for a piece of land. This only shows the land is taxable and has nothing to do with ownership rights.

Sor Por Kor 4-01
Sor Por Kor 4-01 is land that was allotted by the land department reform committee. The idea was so poor people could have land. This land can be passed down to only direct heirs and the title cannot be bought or sold.

Phuket Land types - Greater Titles
In my last section Phuket Land Titles - lesser types I covered all the lessor land types. We now will look at the greater land types.

Nor Sor 3
Nor Sor Samm title certifies the land has been issued by the local government. The land owner can you the land for his benefit. The title usually has no parcel points that are clearly marked with no reference points to connecting plots of land. Nor Sor Samm can be bought and sold but, the boundries of the land are recorded in relation to the neighboring plots. You can get big land loss of 20% and greater when converting the land to a Chanote title.

Nor Sor 3 Gor
Nor Sor saam Ghor is very similar to a Nor Sor Saam. A Nor Sor Saam Ghor documentation shows parcel points and is accurately mapped. Nor Sor Samm Ghor states you have the right to use the land forever and you can buy sell or divide the land as one chooses.

Survey errors frequently occur buying this land and you can end up with a much smaller piece of land then you than you think you bought. If you want to do a new survey, it required notification of all neighboring land owners.

If the land borders Sor Por Gor land it may require everyone from the Sor Por Gor office to come out and inspect the property if you later decide to make this a Chanote title. This can cost you a lot of time and money. If your planning on doing and kind of project on the land like a subdivision or apartments.

Nor Sor Saam Ghor may be subdivided or upgraded to a Chanote title which I highly recommend but you have to permission from all your neighboring land owners. They have to sign off on your boundaries. This signing off process can take several months to get 100% with the land office.

Nor Sor 4 Jor or Chanote title
A Chanote title by far is the preferred title deed for land purchase in Thailand. The title boundaries are clearly marked on the land and on the documentation. All boundaries have been GPS certified.

The land itself will have uniquely numbered concrete land office markers that are 10 cm in diameter by 30 cm long. They are usually buried in the ground or have been concreted in place with the top showing for easy viewing and locating.

Banks are willing to take a Chanote as collateral for a money loan is required. It is in my option that it is safe for a foreigner to buy land that has been made into a Chanote title. Chanote land is highly desirable among foreigners and it is acceptable to pay a premium for this land.

All these land titles exist in the Phuket real estate market. The smart investor will want to buy land that has an upgraded title to Chanote status.
(ArticlesBase SC #416752)

Scott Riefler - About the Author:
Scott Riefler is an expert in Phuket Real Estate. He has written several informative articles. He regularly contributes articles on Apartments in Phuket and Patong apartments. Sign up for our newsletter at: Phuket apartments newsletter

Source:  http://www.articlesbase.com/real-estate-articles/phuket-land-types-and-titles-416752.html