Property in Bali to rise by 10%??

Source from property guru

"Property prices on the Indonesian island of Bali could rise by as much as 10 percent, according to forecasts issued by Bank Indonesia citing fluctuations in fuel prices as the main reason.

Speaking to reporters last weekend, the Head of Bank Indonesia Bali Dewi Setyowati said: “It is estimated that the market outlook for properties (primarily home) is still good, in line with the estimated increase of about 5 percent to 10 percent in prices.”

She added a number of government policies that are positively supporting both businesses and employment influenced her predictions.

The Central Bank had previously surveyed members of the Indonesian Real Estate Association (REI) and the Indonesian Real Estate and Broker Association (AREBI), and that revealed favourable business conditions that are forecast to remain positive in 2015.

“The indicator is the consumers demand for properties less than Rp1 billion,” Setyowati added, noting prospective areas considered for development with the selling prices around Rp1 billion include Tabanan District, Negara District, Klungkung District, Bangli District, and the eastern region of Karangasem District.

She also cautioned that developers will likely become more selective in selling or marketing their properties."

Bali has now become a tourist country. A few months ago, when i visited bali, about 2/3 of the people there were foreigners. Westeners love the sun, beaches and food catered to their taste. I won't be surprised if it Bali would be their Top few islands to retire in. 

7 Reasons to invest in Bangkok

Article abstracted from property guru

Bangkok, in the opinions of many market-watchers, currently offers a potentially lucrative property investment opportunity, although as with all investments buyers should do their due diligence and ensure they are comfortable with their purchase.

What are some of the attractive reasons to buy in Bangkok?

Record prices.
Record-breaking prices were also witnessed in Q3 2014 when CBRE sold a unit at Raimon Land’s 185 Rajdamri development, a project which was completed in Q1 2014, for around THB330,000 per sqm. The firm also sold units at more than THB300,000 per sqm in four other projects.

High numbers of expat tenants.
More than 90 percent of residential tenants in Bangkok with rents in excess of THB20,000 per month are expatriates, and the most recent figures showed that at the end of Q3 2014 there were some 74,000 holders of work permits in Bangkok, a rise of more than 7 percent in the turbulent previous 12 months.

A preference for renting.
The majority of expatriates who work in Thailand prefer to rent rather than purchase property because they are usually only in the city for a few years.

Lack of finance opportunities.
It’s almost impossible for expatriates, even with a solid credit record and work permit, to obtain finance at competitive rates from Thai banks to purchase property in the country. That’s another reason why renting is preferred to buying.

Buy as big as you can.
CBRE predicted that between 30 percent and 40 percent of purchases made at new condominium units in Bangkok during Q3 were made by buy-to-rent investors, with 70 percent of units under construction in downtown Bangkok being one-bedroom units or smaller. Highlighting a significant mismatch in supply and demand, CBRE noted it has seen strong demand for two- and three-bedroom units – with two-bed units are bigger making up a massive 75 percent of its leasing business. It said demand us starting to exceed supply in the bigger-unit.

Join the queue.
For the first time, several agencies have acknowledged the existence of waiting lists at some of the most popular developments in central Bangkok – underlining how the best developments are in demand and are commanding premium prices.

Rates are likely to rise.

Because demand will exceed supply, rental rates that have remained at the same levels for almost 25 years will finally have to rise

Want to know which bangkok property to invest in? Click here.

Where should Singaporeans buy property in 2015?

Post source from http://sbr.com.sg/residential-property/commentary/where-should-singaporeans-buy-property-in-2015

Property is one of the safest investments anyone can make. Bricks and mortar. A roof over your head. Solid and tangible. In most markets, property is surging ahead for good reason - interest rates are low and new stock is plentiful.

Two notable cities that look like having a stellar year in 2015 are Manchester - England's second city - and Los Angeles in California. Here is my outlook of some markets around the world to help you start your search.

United Kingdom: Even with an election pending, property is on the up - gains are the biggest in the G7. London offers the best capital gains (over 22% in some areas in 2014) and Manchester, the UK's second city, is also recording double digit growth - with no end in sight. Outlook: POSITIVE

Click here for London properties or Manchester 

Philippines: A mass of new projects are currently under construction, including a mega casino project, although problems with oversupply may arise, Manila is still a solid buy and prices are increasing. Excellent rental yields too. Outlook: POSITIVE

USA: Uncle Sam is back on his feet, property-wise, and the market has started to accelerate. California is the hottest place for property investors looking at the USA in 2015 - who wouldn't want a piece of Hollywood or a sliver of Silicon Valley? Outlook: POSITIVE

Thailand: While the junta has put back any hope of elections until 2016, the property market is still growing at a good clip. Fears of oversupply appear to be unfounded, and Bangkok and Phuket are still tops. Outlook: POSITIVE

Australia: Low interest rates - forecast to be cut again soon - will keep property buoyant in 2015. Cheaper square foot prices make the Gold Coast and Brisbane attractive. Sydney and Melbourne are set to grow at lower levels than 2014. Outlook: POSITIVE

Indonesia: A new president, a new surge in property prices. While rental yields may not be quite as good as they used to, capital gains are looking promising, with gains of over 10% predicted for Jakarta in 2015. Bali is set to continue its 10% per year increase. Outlook: POSITIVE

Click here for Australian properties.

Malaysia is third best place to retire

Was reading property guru. Malaysia has been voted the world’s third best place to retire based on International Living’s Annual Global Retirement Index for 2014.

Malaysia came in behind Ecuador, Mexico and Panama, but was ahead of all retirement destinations in Asia. Other Asian nations included in the index, although way behind Malaysia, were Thailand, the Philippines and Vietnam.

Under the caption “Malaysia – Great Value for Money in a Cultural Melting Pot”, the index noted that more and more expats see the amazing opportunities offered by Malaysia each year.
“The country has one of the most robust economies in Asia, and this is reflected in the consistently high standard of living available to locals and expats alike. It’s just one of many factors that led to it being ranked the highest Asian nation in this year’s index,” it shared.

Why is Malaysia a great places to retire?

1. Quality of life within the country is considered to be excellent and cost-efficient. 
2. Explore innumerable natural, historical, and cultural treasures that Southeast Asia has to offer. 
3. The proliferation of cheap Asian airlines in recent years has made it easier (and more affordable) than ever to explore Thailand, Indonesia, India, and Japan. In Malaysia, Asia is truly at your doorstep”.

International Living cites the example of Thomas O’Neal, a New Yorker who lives in Penang.
“I rent a 1,600-square-foot apartment with an amazing pool, just five minutes’ walk from the ritzy Gurney Plaza shopping mall,” O’Neal is quoted as saying.
“It costs me just US$ 850 (RM3,000) a month. I don’t need a car, either, so I’m saving money left, right, and centre. I love the weather – 82 degrees Fahrenheit on average – and the ease of getting to Thailand, Cambodia, Vietnam, and Laos. When you combine that with a cost of living of US$ 1,500 (RM5,295) per month, including my rent, it’s almost unbeatable.”

Nonetheless, International Living informs potential retirees that “ultimately no list or formula can automatically deliver the best destination for you. Only you can decide that”.
“Only you can assess your personal preferences, needs, budget and desires, and look at the options available to see which nation best suits your needs”.

Invest in D'inspire Residences! Prices start at $1xxK. Book with only $800.

Why Invest in overseas property?

Seeing that local properties were moving slow due to the cooling measures, i decided to venture to overseas proprieties. Why has investing in overseas properties seen a rise in sales? It because it provides low capital layout and high rental return yields.

Though home prices in most Asia countries are extremely expensive and see slow capital appreciation, emerging counties like Cambodia, Philippines are still great investments.  Just today, news about property prices in Cambodia abstracted from Phnom Penh Post.

"Political stability, economic growth and foreign investment have led to doubled land prices in four of the capital’s central districts compared to 2008, when prices bottomed out due to the financial crisis, according to a report.

From the second to the third quarter of 2014 alone, land prices in the districts of Chamkarmon, Daun Penh, Prampi Makara and Tuol Kork went up by 20 per cent in commercial areas and 30 per cent in residential areas, the Bonna Realty Group study found.

In Chamkarmon’s Tonle Bassac village, high-end condominiums such as The Bridge and Casa Meridian helped push residential land prices up to $2,000 to $2,500 per square metre, while commercial land sold for up to $4,000 to $6,000. 

Tonle Bassac remains cheaper, however, than Chamkarmon district’s Sihanouk Boulevard. On the centrally-located strip of land from Monivong Boulevard to Independence Monument, commercial land is priced at $8,000 to $9,000 per square metre, a 10 to 15 per cent increase from the second to the third quarter of 2014. The high prices have scared off some investors from developing land in Chamkarmon, the report noted.

The riverfront’s Daun Penh district, on the other hand, had a wider variation in prices, with residential land priced from $500 to $4,000 per square metre. The study noted that the district’s price range, along with the fact that there are relatively few high-rises, made it a promising area for hotel development." 
To read more click here.

The hottest selling overseas property in 2014 in Huttons is The Bridge.

11 Reasons why The Bridge is popular amongst investors.

1. FREEHOLD
2. Guaranteed Rental Return of 18% over 3 years!
3. Extremely Affordable from only US$100K+!
4. Low Upfront Payment!
5. Staggering 45-storey high Iconic Integrated Condo with F&B, Retail n SOHO
6. 1st of Its Kind – Mixed Development – Live, Work & Play!
7. FANTASTIC PRIME LOCATION. NEAR CBD
8. Walking distance to NagaWorld, the One & Only Casino/Hotel/Shopping in Phnom Penh!
9. Near Embassy of Australia, Russia & National Assembly
10. Near Phnom Penh’s biggest mall (AEON from Japan)
11. High Demand from Expats & Yuppies with High Occupancy!

More more information click here.