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Property Related Articles In The Region

[/vc_column_text][vc_separator color=”sky”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Singapore Property News[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/4″][vc_single_image image=”4802″ img_size=”large” style=”vc_box_rounded”][/vc_column][vc_column width=”3/4″][vc_column_text] Nov 2018 Private Condo Sales Rebound

November 2018 private home sales rebounded strongly from a year earlier, signalling healthy demand with some  1198 units sold out of 1341 luanched from seven new projects. Since July 6 cooling measures, the 1198 units sold in November represented 52 percent jump from the 788 units sold a year earlier, and were up 46 precent from the 487 units booked in October.

Source : Straits Tines

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CITY Developments Ltd (CDL) has emerged as the top bidder for two out of the three 99-year leasehold private housing sites at a state tender that closed on Tuesday, 20 Jan 2018

Handy Road Land Parcel

If awarded the two sites, CDL said it would explore developing three residential towers – eight to 10 storeys high – with about 200 apartments and a basement car park for the Handy Road site. It will convert a conservation building on the site into a clubhouse.

The Handy Road plot, in District 9 and the most attractive of the three land parcels due to its location off Orchard Road, saw CDL casting a bid that was 12.3 per cent higher than the next highest offer from Sing Essential, believed to be linked to Hong Kong parties. CDL’s bid price was also just 0.6 per cent shy of the benchmark price of S$1,733 psf ppr that was set for the Jiak Kim Road site which was awarded to Frasers Centrepoint in December last year, noted Colliers International head of Singapore research, Tricia Song.

West Coast Vale Parcel

For the West Coast Vale plot, CDL’s top bid was 35 per cent higher than the S$592 psf ppr paid for the site of the yet-to-be-launched Twin View project.  CDL’s breakeven for the West Coast Vale plot at S$1,250 psf and an average selling price of S$1,400-1,500 psf. The group’s bid was just 0.7 per cent more than the next highest bid, by China Construction (South Pacific) Development Co. CDL is no stranger to the West Coast area, having developed Monterey Park Condominium and Hundred Trees

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KL – Singapore HSR Project To Start in 2017

Malaysia’s Land Public Transport Commission (SPAD) expects construction contracts for the Kuala Lumpur-Singapore high speed rail (HSR) project to be awarded by 2017, reported The Sun Daily.

SPAD Chief Development Officer, Dr Prodyut Dutt, said that works for the project, which is due for completion by 2022, will take about five years.

He added that preliminary work for the tender is in progress and will be conducted in consultation with the Singapore government

(source: http://www.propertyguru.com.sg/property-management-news/2015/9/106836)

Projects stands to benefit from start of HSR operations : Lakeville at Jurong 

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_separator border_width=”2″][vc_column_text]Cambodia Property News[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/4″][vc_single_image image=”389″ img_size=”large” style=”vc_box_rounded” title=” “][/vc_column][vc_column width=”3/4”][vc_column_text]

Land Prices Going Up in Cambodia, a Fast Growing Emerging Economy!

Invest a fast growing economy that promises strong rental yield and a potential strong capital appreciation. The Bridge Cambodia (SOLD OUT) and The Peak Cambodia (Upcoming) are two captivating projects by Oxley Holdings investment  in Cambodia and opportunities for confident investors.

Recommended Project:

1. The Peak Cambodia – Own a Freehold Apartment with magnificent view annexed to Shangri-La Hotel.

2. The Bridge Cambodia – Invest in a Freehold SOHO office with Grade-A facilities.

3. The Gateway Cambodia – Own A Freehold Grade-A Office along Russian Boulevard, Phnom Penh.

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Condo Price up but still cheaper than in Singapore !

High end condominiums in city centre command anywhere between US$1,345 to US$ 4,500 for on-to-four bedroom.

As confidence in the property market continues to grow, more estate agencies are expanding into Cambodia to support marketing efforts. A robust GDP supported by foreign investments translating into rising demand for office space and the rising affluence of Cambodia’s young middle class, translating into demand of quality residences.

Recommended Project:

1. The Peak Cambodia – Own a Freehold Apartment with magnificent view annexed to Shangri-La Hotel.

2. The Bridge Cambodia – Invest in a Freehold SOHO office with Grade-A facilities.

3. The Gateway Cambodia – Own A Freehold Grade-A Office along Russian Boulevard, Phnom Penh.

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Singapore Medical Center At The Bridge Cambodia !

Singapore Medical Center (SGMC) to establish High Quality Medical Care Services at The Bridge Cambodia, Phnom Penh City Centre, as a medical tourism destination, with a similar concept to Paragon & Novena Square which has integrated shopping & medical centers. A Boost to The Bridge Cambodia Development which is now in the phase of completion (January 2018) and first batch of Retail Investor for shops & F&B units from The Bridge Retail Mall are expecting to receive their first payment of guaranteed rental return from February 2018.

Recommended Project: 

1. The Bridge Retail Mall – Freehold Retail Shops & F&B from USD1xxK, Enjoy nett 70% GRR over 10 Years. No maintenance fee, no property tax and no rental income tax payable by investor during GRR period!

1. The Peak Cambodia – Own a Freehold Apartment with magnificent view annexed to Shangri-La Hotel. 12% Nett GRR over 2 years

2. The Bridge Cambodia – Invest in a Freehold SOHO office with Grade-A facilities.

3. The Gateway Cambodia – Own A Freehold Grade-A Office along Russian Boulevard, Phnom Penh.

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”sky”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Thailand Property News[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/4″][vc_single_image image=”732″ img_size=”large” style=”vc_box_rounded” title=” “][/vc_column][vc_column width=”3/4”][vc_column_text]

Bangkok Property – Yields on Larger Apartment Moderately Good

Rental Yields in Bangkok range from 5% – 6.8% over recent survey with yields on larger apartments rising significantly. Smaller apartments earn higher rental yield than the larger one but the differences is now getting smaller. A 65 sqm apartment in Bangkok’s central location now earns gross rental yields of around 6.8% while a 350 sqm apartment also centrally located, earns gross rental yield of around 6.16%. Yields have risen strongly at the luxury end of the property market. The apartments included in the survey are located in Bangkok’s upscale residential areas which includes Sukhumvit Road, Silom, Sathorn, Riverside Rama III and Central Lumpini

 Project to benefit from Trend shift : The Line Sukhumvit 71, Asthom Silom, Q-Chidlom Phetchaburi

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Growing interest by Japanese Investor

Japanese Investment return to Cambodia with strong interest. A 40% increase of operation in Cambodia seen from Q1 2015, included factories, construction, restaurants ad consultancy services. The investment increase prompt Japan and Cambodia put into force an air service agreement which would allow for direct flights and cargo services between the two countries. Demand for quality apartment expected to grow from influx of foreign investment.

[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_separator][vc_column_text]Vietnam Property News[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_row_inner][vc_column_inner width=”1/4″][vc_single_image image=”741″][/vc_column_inner][vc_column_inner width=”3/4″][vc_column_text]

Vietnam Real Estate Heating Up !

A new law in 1st July 2015 that opened up the real estate market to foreign buyers has lifted confidence, if not actual sales to foreigners. Now foreigners and overseas Vietnamese are allowed to legally own, sell and transfer real properties. Foreigners who have been granted a Vietnamese visa, plus foreign investment funds, banks, Vietnamese branches and representative offices of overseas companies can now purchase residential properties. Vietnam’s economic outlook is healthy: a six to seven per cent annual growth target till 2020, driven by foreign investment and a slew of free trade deals including the Trans-Pacific Partners. Rental yields in Hanoi average five per cent for apartments, and less (3-4 per cent) for villas.

District 2 at HCMC has become the focus of HCMC real estate market. The Development of Thu Thiem new urban area is one of the most critical long term attraction point of district 2. Tapping on the new housing law changes, Capitaland Vietnam launched Vista Verde Orchid Tower, a premium luxury condo to foreign ownership with a first stop privileges to Singapore investors in November 2015.

More info on Vista Verde Vietnam : http://www.myfavprop.com/properties/vista-verde/

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