{"url": "https://www.dotproperty.com.my/blog/117-spike-incoming-residents-uks-best-city-property-investment", "title": "With a 117% spike in incoming residents, here is the UK\u2019s best city for property investment", "body": "\n\nThe Crown Street neighbourhood near the Manchester City Centre has become one of the city's most coveted places to live\n\n\nThe UK property market has revolved around London for seemingly ever. Obviously, its status as a population and financial hub has provided the capital with a relatively stable base. However, there has been a movement away from London in recent times with other cities taking advantage of the situation.\n\n\nPerhaps no city has benefited from the shift away from London than Manchester. The city is probably best known in Asia as being the home to football powerhouses Manchester United and Manchester City, but the performance of the local property market surpasses just about anything seen on the pitch.\n\n\nAffordability along with employment growth and sustained inward investment has driven an influx of people to the city. In July alone, JLL reported Manchester recorded a 117% increase in people moving to the city year-on-year. And this isn\u2019t a short-term gain. More than 100,000 new residents are predicted to call the Manchester city centre home by 2025.\n\n\nThis growth has not hampered Manchester\u2019s quality of life as it was named as the best city in the UK to live by the Economist Intelligence Unit\u2019s 2019 Global Liveability Survey for the ninth year in a row. These are just some of the factors that has seen Manchester become the property market in the UK preferred by overseas investors.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cWhen thinking of the UK\u2019s strongest property markets, Manchester continues to be in a league of its own,\u201d Elaine Rossall, UK Head of Offices Research at JLL, explained earlier this year. \u201cJob creation is at record levels and is spread across a range of sectors. Commercial development is increasingly catering to occupier demand and this is translating into positive, continued growth across the other property markets.\u201d\n\n\nAs to be expected, home prices in Manchester have risen at an impressive clip. Between 2013 and 2018 property price growth in Manchester exceeded the UK average with prices here increasing more than anywhere else in the country. From June 2017 to June 2018, average property values in Manchester rose by 7.4 percent.\n\n\nThe foundations of the rental market in the UK are just as positive. Research from VeriSmart, a letting compliance firm, found that the UK will have more home renters than owners in 20 years if current trends continue. At the moment, the UK has the fifth highest number of renters in the EU and this group accounts for 35 percent of the housing market.\n\n\nClick here to learn more about Manchester property investment opportunities\n\n\nMeeting the needs of investors and renters\n\n\nFor overseas real estate investors, identifying a market with opportunity, such as Manchester, is just one part of the equation. The second part is finding a developer who is in tune with what the local market needs, both in terms of location and project type.\n\n\nOf all the projects currently in the pipeline, Victoria Residence at Crown Street stands out the most. The 21-storey luxury residential project from Select Property Group is located at the gateway of Manchester city centre and is part of the masterplanned and highly coveted Crown Street neighbourhood. However, location is just part of what makes the project special.\n\n\nA look at the amenities inside Victoria Residence at Crown Street\n\n\nIn a recent report, Savillis noted that it was important for residential development targeting renters to foster a sense of community and encourage residents to stay longer. To that end, Victoria Residence at Crown Street has been equipped with premium amenities designed to provide a lifestyle that could otherwise not be afforded. These include a high-floor swimming pool, Royal Gardens, a gymnasium, co-working lounge, residents\u2019 lounge and podium-level retail outlets. The development truly provides the best in luxury and convenience.\n\n\nFrom the overseas investor perspective, Select Property Group can provide full management solutions tailored specifically for investors based outside the UK. And with 7 percent gross projected yields and 66 percent ROI forecasted 5-Year NET profit, Victoria Residence at Crown Street is a lucrative, hands-free UK property investment opportunity.\n\n\nAdditionally, construction of Victoria Residence at Crown Street is progressing nicely and is scheduled for completion in the third quarter of 2020. This ensures investors have the opportunity to enjoy the natural capital growth of an off-plan investment with the peace of mind of a near completed project and returns starting in less than 12 months\u2019 time.\n\n\nVictoria Residence at Crown Street exterior\n\n\n\u201cI\u2019m incredibly excited to offer this new project to our investors in Asia. Following the success of our first project at Crown Street, the time is now right to launch Victoria Residence. There is, quite rightly, huge appetite to invest in Manchester at the moment. The city is just at the start of a very exciting period of growth but, with a critical undersupply of property, the positive investment conditions only look set to continue in the coming years,\u201d Adam Price, Managing Director of Select Property Group, explained. \u201c\n\n\nHe concluded, \u201cVictoria Residence at Crown Street boasts an incredible location in Manchester city centre and, coupled with its high-quality finish and facilities, we know that it will attract huge attention from tenants when it opens its doors next summer.\u201d\n\n\nVictoria Residence at Crown Street has launched in Asia and interested investors are encouraged to act now in order to secure a unit. Strong demand from both local and overseas investors means units will be taken up quickly as was the case with Select Property Group\u2019s first development, Elizabeth Tower, where sales of GBP 126 million have already been recorded.\n\n\nClick here to register your interest\n\n"} {"url": "https://www.dotproperty.com.my/blog/2018-budget-requests-made", "title": "2018 Budget requests made", "body": "\n\n\n\nAffordable housing needs to be a priority for the Budget according to experts in the field.\n\n\nThe 2018 Budget is due to be tabled on Friday. Ahead of this many have vocalised their views on what actions should be included as part of it. Due to high property prices there is a fear that Malaysia will have a homeless generation. Thus for property the affordable housing shortage needs to be addressed.\n\n\nThe National House Buyers Association (HBA) believe this can be overcome. Citing there is a need to reduce speculation by increasing stamp duties. Additionally HBA want property owners who have more than one property to be penalised with increased property gains taxes.\n\n\nAt the same time the government need to play their part in increasing the supply of \naffordable housing\n. A topical subject which is expected to be discussed by Prime Minister Najib Razak in the Budget as well as being an important theme of the next general election. There is a severe deficit in affordable housing. According to figures from Bank Negara there is a shortfall of 960,000 units. A figure that is expected to reach one million in just three years time.\n\n\nHBA feel the shortage can be met by encouraging developers to build low cost housing. Aiding developers by including partial tax exemption and fast tracking planning approval. However some have said that affordable housing needs to be taken out of the hands of developers and built by a central agency instead. At present developers only need to build 30 percent of affordable housing.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe Real Estate and Housing Developers Association (Rehda) have also voiced their opinion too. Compiling ten suggestions in order to aid the current housing situation. They too have suggested that affordable housing needs to be a priority. Rehda believes that this can be achieved by waiving the Goods and Services Tax on construction materials used for affordable housing. Additionally they have requested that first time buyers are financially assisted in their attempt to reach the \nfirst rung of the property ladder.\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/2018-interior-design-trends", "title": "2018 interior design trends", "body": "\n\n\n\nAs the end of the year nears what exciting interior design trends can we expect for 2018?\u00a0\u00a0\n\n\n\u201cAn Englishman\u2019s home is his castle\u201d. The popular saying still applies today as much as it did when it originated. It simply means that you can do as you like in your home. This also applies to how your home looks as its interior is a reflection of who you are. If you like to be on trend, then now is the time to start thinking about next year\u2019s interior design trends. We have looked ahead and selected five common themes that can be applied to your home. Comfort is again of paramount concern but sustainability is thrown in for good measure.\n\n\n1. Think comfort with suede and velvet upholstery.\n\n\nFocusing in on comfort, opt for fabrics in suede or velvet. Such as for your sofa. It will create a soft feel to a room, not to mention be inviting as a place to kick back and relax.\n\n\n2. Use natural materials.\n\n\nTo bring sustainability into your home choose natural materials where you can. Think wood, leather, granite and even concrete. Wood creates warmth and has calming qualities.\u00a0A modern wooden bookshelf or even dining table can become a real focal point too. Make sure you pick a contemporary wood or one that is in its natural state rather than a shiny reproduction otherwise you could be on trend from times past.\u00a0You can even use natural materials for a \nfeature wall\n. Choose a modern granite for your kitchen worktop. Or use leather as ties for your curtains or to suspend shelves from. Hints throughout your home will bring your interiors on trend.\n\n\n3. Pick earthy colours.\n\n\nBold colours remain popular for 2018 but in a modern tone. Earthy colours such as dark reds, oranges and yellows will create a cozy feel but it is important to get the tone right rather than too bright as it will have a very different impact. For those feeling less brave opt for grays or even a terracotta. That way you can be sure you existing furniture is more likely to fit too.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4. Team with metal furniture.\n\n\nIn order to match your wood dining table, suede sofa and earthy wall colour pick matching furniture that is not fussy. Clean lines and with metal legs for your dining table or sofa will ensures neatness. An elegant look will be created without being too fussy.\n\n\n5. Keep window dressings simple.\n\n\nIn order to show off the new features of your home window dressing should be plain. Avoid\u00a0anything that will detract from your new look. Leave windows bare or opt for very simple window dressings instead. Simple curtains in a white or muted grey will ensure that they are discreet. You can finish them off with luxury leather ties or just choose minimalist wooden slatted blinds instead.\n\n\nFor more inspiration on interior design for your home check out our blogs on \ntile trends\n or even how to \nupgrade your kitchen on the cheap.\n\n"} {"url": "https://www.dotproperty.com.my/blog/2019-interior-design-trends-condos", "title": "2019 interior design trends for condos", "body": "\n\nExpect to see more cacti in condos this year\n\n\nCondos dominate Southeast Asia. The reason for this is simple. Most people live and work in large cities where space comes at a premium. Creating a space that feels like a unique home can be difficult, but these 2019 interior design trends for condos give you the chance to bring a fresh look to your unit.\n\n\nThis isn\u2019t to say you should follow each and every one of them. In fact, you most definitely shouldn\u2019t unless your goal is to create colour clashing condo chaos. But picking one of two of these tips can bring your \ncondo\n\u00a0to life in 2019.\n\n\nDon\u2019t miss these 2019 interior design trends for condos\n\n\nKitchen with black\n\n\nBlack kitchens\n\n\nSome new condo buildings are coming equipped with black kitchens featuring gold accents and 2019 will see more people adopt this look on their own. A black kitchen offers a luxurious look that feels sleek and new. You don\u2019t need to go entirely black. Mixing the room with white, gold or wood can keep things from being too dark.\n\n\nA black kitchen can also be more practical. After all, think of how much time you\u2019ve spent wiping down white cabinets, fixtures and kitchen appliances. Black does a good job of concealing this everyday wear and tear.\n\n\nHandmade wooden pieces\n\n\nHandmade wooden furniture\n\n\nThese have become a staple of cool coffee shops in Bangkok, Manila, Singapore, Ho Chi Minh City and just about every other Southeast Asian metropolis. They are different and help people feel a connection to nature. And in 2019, handmade wooden pieces are going to be coming to more homes.\n\n\nA couple of these add a rustic, charming look to any condo. Many units can look sterile or boring, but a couple of handmade wooden tables add some much needed character.\n\n\nPhoto/RC Wiley\n\n\nCurved sofas\n\n\nThe days of angular sofas in condos will stay in 2018. That\u2019s because 2019 will see the trend move to couches featuring softer curves. These work especially well in smaller studio or one-bedroom condo units where limited space means you might run into the pointy end of that angular sofa in the dark.\n\n\nPeak cactus season\n\n\nCacti were everywhere in 2018 and this will likely carry over into this year. It\u2019s easy to see why these prickly plants will be one of the 2019 interior design trends for condos. They add a nice splash of green to any room, look cool and require little attention. Shelves and small tables are perfect for a small cactus. You may also consider adding a cactus or two to the bathroom sink to for some extra flair.\n\n\nA small move away from minimal\n\n\nMinimalist designs have become a hallmark of condo interiors. The style maximises space in what can be a small area. This year won\u2019t see a full blown shift to maximal interior designs, but one of the 2019 interior design trends for condos we\u2019re watching is the addition of comfort pieces to minimal interiors. For example, placing big pillows on a couch or introducing padded dining room chairs brings much needed comfort to a condo without making it feel cluttered.\n\n"} {"url": "https://www.dotproperty.com.my/blog/2370-2", "title": "Why foreign investment is a balancing act", "body": "\n\n\n\nForeign property investment may not always being wanted but many economies need it.\u00a0\n\n\nForeign investors are often blamed for rising property values. The reason for this argument is that it puts a strain on housing, which pushes prices up. However, is this international capital really that unwelcome?\n\n\nFor Malaysia, it is believed to be a cause for concern. So a \nminimum price\n\u00a0has been put in place, and raised, for overseas investors. This is not something new to the rest of the world. British Columbia in Canada which has one of the quickest increasing markets, and New South Wales in Australia have received unprecedented numbers of foreign investors, namely from Mainland China. In fact one property in Sydney was even bought from an investor in Hong Kong with a \nviewing conducted on a smartphone.\n\u00a0As a result for this heightened interest, additional taxes have been introduced in both British Columbia and New South Wales for foreign investors.\n\n\nMeasures are already in places for Singapore and Hong Kong who ramped up taxes in a bid to deter overseas investors making their mark. Whilst in Switzerland, a ban was implemented not permitting residents from outside of Europe to buy property. For the UK, a melting pot for international investors, extra taxes have been introduced for anyone owning more than one home.\n\n\nThe effect.\n\n\nBut how much do these foreign investors play on the market? For British Columbia a 15 percent extra tax was placed upon overseas investors as Chinese buyers made up a third of the property value. This is according to the National Bank of Canada. The state has experienced unwanted prejudice towards to the Chinese, but could this be down to historic reasons rather than just snapping up property?\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBut for London, overseas investors only make up a small amount of the purchasers. However they have been cited to having contributed to influencing the market in other ways. There is now a glut of luxury housing in England\u2019s capital built for the international market. This teamed with a deficit of affordable housing create an imbalance in supply and demand. So by introducing penalties for international investors, it has hit the luxury market instead. Naturally impacting local investors too.\n\n\nMuch needed capital.\n\n\nWhen the global financial crisis rose its ugly head in 2008, some of the hardest done by countries in Europe were Spain, Greece, and Portugal. In a bid to help their economies a golden visa was introduced permitting overseas investors to buy property. This could eventually lead to residency of that country. A\u00a0prime example of how international funds can boost economies that are in dire need. But this comes amid speculation since Portugal\u2019s scheme has come to a grinding halt due to fears of the scheme being involved in corruption scandals. Subsequently, they have changed their tactic. A new \u2018wealth tax\u2019 will be introduced for any property value in excess of EUR 600,000.\n\n\nStories from across the world demonstrate that each case should be examined individually. Some governments need to carefully balance the requirements for funds with the needs of their local population. China itself has even placed restrictions on its residents from moving money out of the country. A move that could have a ripple effect across the rest of the world.\n\n\nResidents should not be scared of international investors. But this is provided that governments strike the balance perfectly. Either way lessons can be learnt from markets across the world in order to achieve this.\n\n"} {"url": "https://www.dotproperty.com.my/blog/3-benefits-starting-home-search-at-home", "title": "3 benefits of starting your home search at home", "body": "\n\nNow is a good time to start your home search at home\n\n\nIf you are one of the countless millions who have found themselves confided to the house, a lot of plans have probably been put on hold. These possibly include your search for a new home.\n\n\nHowever, you can still start your home search at home. Heck, you don\u2019t even need to leave your bed if you don\u2019t want to. And believe it or not, there are several benefits to this. Let\u2019s take a look at some of the positives to starting your home search at home right now.\n\n\n1) Expand your search\n\n\nYou already have your budget in mind and you probably have an idea of where you want to buy, but why not take this time to see what else is around? Dot Property has listings from all over key areas in \nKuala Lumpur\n and beyond, so play around with your search settings. You might be able to find something a little bigger nearby that is within your budget. The extra time may open up new opportunities to find great homes you wouldn\u2019t have otherwise known about.\n\n\n2) Educate yourself\n\n\nYou now have extra time to really study the local real estate markets and understand factors that go beyond whether you like a home or not. Once you have a shortlist of homes you\u2019re interested in, do research on various factors that you may not otherwise consider. These include home prices around the property you are looking at, the track record of the developer and what is the demand for real estate is at the neighborhood and city levels.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n3) Explore digitally\n\n\nThe good news is that many real estate agents and property developers are hosting virtual showings, offering 3D tours on-demand and providing property seekers with new ways of seeing homes without needing to leave the comfort of your living room. It may not be as good as seeing the real thing, but it can help you get a better idea if a home is for you.\n\n\nThe next steps after your home search at home\n\n\nWe may not know when things will get back to normal, but we do know this situation is temporary. Once it passes, people will be acting quickly to see the properties they scouted. Be sure you stay in contact with the agents and developers representing homes on your shortlist to see when the properties will be available for viewings. \nClick here to get your home search started\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/3-easy-ways-reduce-water-usage-home", "title": "3 easy ways to reduce your water usage at home", "body": "\n\nProbably not a good idea to leave a faucet on unattended if you want to save water\n\n\nMonthly water bills aren\u2019t nearly as costly as electricity or internet costs, but it\u2019s always a good idea to save money when you can. Additionally, saving water at home is good for the environment so if you don\u2019t do it for the cost savings, at least do it for the planet. There are actually a lot of easy ways to reduce your water usage that don\u2019t require you to do a whole heck of a lot.\n\n\nThe key here is to simply be mindful. Most unnecessary water usage comes from either not making simple fixes or blatant waste. With this in mind, here are a few easy ways to reduce your water usage.\n\n\nSee more:\n \nGet rid of clutter in your condo\n\n\n3 easy ways to reduce your water usage\n\n\n1) Stop taking long showers\n\n\nIt is estimated that a 15-minute shower uses 37.5 gallons of water. \nUnless you are going full-on Kramer from Seinfeld and preparing meals in there\n, it should take you no more than eight minutes to get clean. And in most cases, five minutes is more than enough time. You are better off heading to the swimming pool if you want to spend a long time in the water.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n2) Fix leaks\n\n\nA drippy faucet or a pipe underneath the sink leaking water can be a massive source of water waste. A lot of times this is happening without you even noticing it. Be sure to check your pipes regularly for any water and monitor all faucets. Just because you don\u2019t hear an annoying drip doesn\u2019t mean your are in the clear. And if you do notice any excess water leakage, be sure to have it fixed right away.\n\n\n3) Only wash full loads of laundry\n\n\nOf all the easy ways to reduce your water usage, this just may be the most straight forward. A washing machine uses anywhere between 28 and 41 gallons of water regardless of if it contains a full load or a pair of shirts. Some new models come equipped with sensors that can reduce water usage, but you are still better off only using the washing the machine when it is full.\n\n"} {"url": "https://www.dotproperty.com.my/blog/3-interior-design-trends-southeast-asia-watch-2023", "title": "3 interior design trends in Southeast Asia to watch in 2023", "body": "\n\nOut with the old and in with the new. With the calendar changing over, so too are interior design trends in Southeast Asia. This doesn\u2019t mean you will need to throw out all your furniture and start from scratch. But you may want to consider updating the look of your home in 2023.\n\n\nThe good news is that there are no major changes in the region. Feng shui continues to be a driving force behind design with minimal spaces also still en vogue. However, there are a few things you should check out. Here are three interior design trends in Southeast Asia to watch in 2023.\n\n\nRelated:\n\u00a0\nDeclutter your condo by getting rid of these items\n\n\n3 interior design trends in Southeast Asia to watch in 2023\n\n\nMaximal accessories\n\n\nThis interior design trend actually spills over from the fashion world. Maximal accessories, such as bracelets, have been paired with more minimal outfits to add some flair while remaining stylish. So, what does this mean for your home?\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThink about adding some loud or opulent pieces to your living area or bedroom. These can be lamps, mirrors, pillows, accent chairs or anything that will draw attention without taking over the space. The goal here is for the accessories to be noticeable but not distracting.\n\n\nFunctional stone\n\n\nWhile everyone loves the look of marble and other imported stone, these are a nightmare when it comes to upkeep. That is why you are seeing an increase in the use of non-porous materials which mimic the look and feel of high-end stone.\n\n\nThese marble-inspired fittings and surfaces not only require far less maintenance but are designed for daily life. These days, even the most upscale housing developments in the region are eschewing the real deal for functional stone.\n\n\nWatch:\n \nHere\u2019s a sneak peek inside the new THB100 million housing phase at Bangkok\u2019s expat town\n\n\nEntertainment spaces\n\n\nWith the pandemic firmly in the rearview mirror, people want to host parties and have friends and family over. That has meant the return of entertainment spaces inside the home. And while you could put a few more chairs out for guests, there is no fun in that. Expect interior designs to focus on gatherings. Large couches, the use of warm tones and an emphasis on placemaking will be the norm in 2023.\n\n\nKeep Reading:\u00a0\nSimple tricks to make your condo seem bigger\n\n"} {"url": "https://www.dotproperty.com.my/blog/3-key-facing-philippine-property-market-2021-year", "title": "3 key questions facing the Philippine property market in 2021", "body": "\n\nThe COVID-19 pandemic hit the Philippines hard, putting an end to years of strong economic growth. \nThe country\u2019s GDP fell by 10 percent with the local economy contracting by 8.5 to 9.5 percent\n. There is hope for a recovery in 2021. The Development Budget Coordination Committee is predicting GDP growth of 6.5 to 7.5 percent next year as the country puts COVID-19 behind it.\n\n\nFor the Philippine property market, there is hope of a recovery. After years of soaring prices, strong demand and great performances, experts believe this could be a much-needed correction for the real estate sector. That being said, a number of questions loom.\n\n\nUncertainty surrounds the Philippine property market in 2021 although the sentiment isn\u2019t negative. Here are three questions that will need to be addressed.\n\n\nKey questions facing the Philippine property market in 2021\n\n\n1) Can the market reestablish its momentum?\n\n\nAfter years of strong demand, rising prices and never-ending activity, the Philippine property market momentum finally came to an end. \nBangko Sentral ng Pilipinas (BSP) reported that home prices fell in the country by 14.1 percent in the third quarter of last year and were down 0.4 percent year-on-year\n.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOf course, that doesn\u2019t tell the entire story. Firstly, \nPhilippine home prices increased by 27.1 percent during the second quarter of 2020\n, a record breaking performance that stunned many analysts. Secondly, condominium prices were noticeably down in the third quarter, but townhome and detached/attached housing prices both rose.\n\n\nProperty sales fell across the board and that is likely to be the case early in 2021. Yet, some developers are optimistic that the right projects, namely ones designed with the \u201cNew Normal\u201d in mind, will still attract buyers. Additionally, there is hope a swift economic recovery would see the property sector quickly return to pre-COVID-19 levels.\n\n\n2) What will the legacy of COVID-19 be?\n\n\nWith people and businesses looking to leave the city, the Philippine property market may have to adjust\n\n\nWork from home and the \u201cNew Normal\u201d aren\u2019t going anywhere. Ultimately, the legacy of COVID-19 will be felt across the residential, office and retail real estate sectors. The transformation has already begun in some cases.\n\n\nFor example, \nsome of the country\u2019s largest retail developers, including SMDC and Ayala Land, have repurposed mall space into storage and e-commerce facilities\n. Meanwhile, \nseveral companies are moving away from traditional office towers in central areas to townships in suburban locations\n where employees can enjoy greater convenience in a healthy environment.\n\n\nConsumer preferences have already begun to shift in the residential sector, and these will continue into 2021. \nDeveloper I-Land has focused entirely on sustainable living, launching projects featuring a wide range of wellbeing amenities\n.\n\n\nLiving within integrated communities that mix residential areas with office, retail and recreational components are also \nexpected to grow in popularity over the next 12 months\n.\n\n\n\u201cThe ideal cities in the future will need to offer opportunities for innovations that enhance the quality of living (right balance of sustainable and cosmopolitan lifestyle); working (uncongested spaces and presence of job opportunities); playing (availability of recreational and cultural centers), and learning (talent enhancement and R&D centers),\u201d\u00a0\nClaro dG. Cordero, Jr., Cushman & Wakefield Director and Head of Research, told BusinessWorld\n.\n\n\n3) Which way are OFW remittances going?\n\n\nOverseas Filipino worker (OFW) remittances are key to the Philippine property market and economy in general. It is estimated that \n370,000 OFWs returned home in 2020 with another 80,000 expected to come back during the first half of this year\n. In the short term, remittances picked up towards the end of 2020 and the House of Representatives passed a measure providing discounts on remittance fees for OFWs sending money to their families.\n\n\nLooking long term, a successful global rollout of the COVID-19 vaccine and the loosening of travel restrictions during the year may allow OFWs to return to their jobs. This would see remittances increasing once again with the Philippine property market likely to benefit in some form.\n\n\nHowever, flat or declining remittances would be bad news since for the Philippine property market since it is a key source of potential homebuyers. It\u2019s too early to tell which way OFW remittances are going, but it is something the real estate sector will be closely watching.\n\n"} {"url": "https://www.dotproperty.com.my/blog/3-key-questions-facing-thailand-property-market-2021-year", "title": "3 key questions facing the Thailand property market in 2021", "body": "\n\nWhile the year hasn\u2019t gotten off to a great start due to a second COVID-19 outbreak in Thailand, many experts believe 2021 will be better than the past 12 months. The timeline for widespread vaccine distribution in the Kingdom remains unclear but should begin sometime during the first half of the year.\n\n\nFor the Thailand property market, there is hope of a recovery, although 2020 wasn\u2019t as disastrous as it could have been. Some developers pivoted to new residential segments where real demand existed allowing them to offset losses. There was also activity in resort locations like Phuket as people began reexamining their priorities in a post-pandemic world.\n\n\nUncertainty will hover over the Thailand property market in 2021. It is important to note that this isn\u2019t negativity. Here are three questions that will need to be answered.\n\n\nKey questions facing the Thailand property market in 2021\n\n\n1) When can tourists return?\n\n\nThe entire Thai economy is tied to the tourism sector and the sooner international visitors can safely return, the faster the Thailand property market will recover. Unfortunately, no one really knows when this will happen or what exactly it will look like.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIn December, the Tourism Authority of Thailand (TAT) unveiled plans for a special tourist visa scheme that would allow holders to stay in the country for up to 270 days. Holders would be required to undergo a 14-day quarantine upon arrival and have proof of their long-term accommodation or residence. However, \ntourism boards in both Phuket and Chiang Mai have complained that very little information about the TAT scheme is available\n.\n\n\nPerhaps the best hope for tourism in Thailand comes in the form of a regional travel balloon. This would allow visitors to quarantine in one country and then travel freely elsewhere in the region. A travel balloon could start before a widespread rollout of the COVID-19 vaccine providing the tourism sector with a much-needed boost in 2021. Before this can happen, more work is required to get COVID-19 under control.\n\n\n2) Will Bangkok developers learn their lesson?\n\n\nMany developers in Bangkok moved away from the condominium sector and focused on low-rise housing in 2020\n. The move paid dividends as there was real demand for these properties. A number of homebuilders were able to save their year thanks to this shift. Several firms have already announced plans to ramp up efforts in this segment this year.\n\n\nIf this story seems familiar, well, it is. The Bangkok condo market boom between 2012 and 2018 essentially played out in a similar fashion. Some developers found early success, more followed suit and eventually there was a glut of units with \nmany remaining empty today\n. This will be fascinating to watch in 2021 as there is a real risk Thai developers haven\u2019t learned their lesson and will oversupply the low-rise housing market in search of short-term profits.\n\n\n3) Can anything be done to attract foreign buyers?\n\n\nDevelopers are hoping the Thai government does something to bring overseas buyers back\n\n\nWhile overseas buyers haven\u2019t completely exited the Thailand property market, their numbers have been dwindling for a while. Throughout 2020, developers urged the government to do something that would allow them to attract more foreign buyers.\n\n\nThere was some movement on this in December when the Thailand Privilege Card announced a new scheme that provided overseas buyers with a five-year visa when buying THB10 million or more in Thailand property. This was a welcome development, but developers are hoping for the government to step in.\n\n\nThe Thailand Development Research Institute urged for a short-term loosening of foreign ownership quotas in specific locations to help ease oversupply\n. A number of other industry figures have called for similar measures, but it remains to be seen what, if any, action the Thai government will take.\n\n"} {"url": "https://www.dotproperty.com.my/blog/3-reasons-join-dot-property-show-2018-bangkok", "title": "3 reasons to join the Dot Property Show 2018 in Bangkok", "body": "\n\n\n\nThe Dot Property Show 2018 returns to Siam Paragon from 5 to 8 July as exhibitors from around Thailand and beyond take the chance to show off their developments to eager shoppers. Now in its third year, the event has been hailed as the country\u2019s best real estate show by local media.\n\n\nIf you\u2019re looking to have a one-of-kind platform to sell your property project, look no further than the Dot Property Show. Here are 3 reasons to exhibit your project at the Dot Property Show 2018\n\n\nThailand\u2019s property market on the road to recovery\n\n\nIn Bangkok, political stability and massive government investment in infrastructure have \nreal estate experts excited about the market\n. Meanwhile, the Eastern Economic Corridor megaprojects are now underway and \nthis could boost Pattaya\u2019s condominium market\n.\n\n\nAdditionally, consumer confidence in the country is on the upswing while household debt is starting to fall, according to the findings of CBRE\u2019s \n2018 Real Estate Market Outlook\n. The same report also noted that overseas buyers are responsible for roughly a quarter of condominium sales. All of this means more people are looking to purchase property in 2018.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAn unmatched audience\n\n\nThe Dot Property Show 2018 provides exhibitors with a chance to be seen. Siam Paragon is Bangkok\u2019s most trafficked mall and one of the busiest in Southeast Asia. With luxury brands and high-end dining spots, it is the preferred destination for the city\u2019s high-society crowd. Additionally, tourists staying at the many 5-star hotels downtown are known to frequent Paragon meaning you have an audience with both local and overseas buyers.\n\n\nDot Property Show 2018 is your platform\n\n\nShowcasing your company or project at the Dot Property Show 2018 gives you a chance to connect with new buyers in person. Whether buying for investment or end-use, most real estate purchases in Thailand are still done face-to-face. By exhibiting at the show, you will have this important face time with potential buyers. It is also a chance to rollout special offers, discounts or units designed to promote sales without having to worry if this information is reaching its intended audience.\n\n\nThe Dot Property Show will be held from 5 to 8 July at Siam Paragon\u2019s Fashion Hall on Level 1. Don\u2019t delay, a special early bird discount is now available. For more information, contact \n[email\u00a0protected]\n or call +66 02-254-0540 today!\n\n"} {"url": "https://www.dotproperty.com.my/blog/3-samui-luxury-villa-developments-breathtaking-sea-views", "title": "3 Samui luxury villa developments with breathtaking sea views", "body": "\n\nThe countdown to Thailand reopening is officially on. \nPhuket remains on track to welcome vaccinated visitors quarantine-free starting on July 1\n with most other tourist destinations, including Samui, slated to open on October 1.\n\n\nHonestly, there is no place in Thailand quite like Samui. The beaches are amazing, the people are friendly and it is far less hectic than some of the country\u2019s other attractions. And while you can\u2019t visit just yet, why not take a look at some Samui luxury villa developments with breathtaking sea views?\n\n\nSeveral new projects have been launched over the past few months and with \nthe Pound and Euro suddenly much stronger against the Thai Baht\n, now is a good time to see what\u2019s available.\n\n\nWith that in mind, let\u2019s explore a trio of Samui luxury villa developments with breathtaking sea views you will currently find on \nThailand Property\n.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSamui luxury villa developments with breathtaking sea views\n\n\nBayview Estate\n\n\nNearest Beach:\n Coral Cove Beach\n\n\nWhat we love:\n The awesome infinity swimming pool\n\n\nBayview Estate provides unblocked views of the sea\n\n\nBayview Estate is a bespoke collection of seven pool villas overlooking Chaweng Noi Bay. The views are completely unobstructed which means you can hangout by the infinity-edge swimming pool and simply enjoy the wonderful surroundings. And if you want to feel the sand at your feet, Coral Cove Beach is less than a kilometer away.\n\n\nThe villas have been designed to incorporate the natural environment of granite boulders and tropical bush found throughout the estate. What\u2019s more, materials, colors and finishings have been carefully selected to enhance the surrounding beauty.\n\n\nClick here for additional information\n\n\nSanti Pura Villas\n\n\nNearest Beach:\n Bang Por Beach\n\n\nWhat we love:\n The amazing design\n\n\nAward-winning architect Khun Bodin Sritrakul designed Santi Pura Villas\n\n\nSanti Pura Villas has been designed by Khun Bodin Sritrakul, an award-winning architect who is behind some of Samui\u2019s most memorable residential developments. His vision for Santi Pura Villas just may be his best work yet.\n\n\nFeaturing Khun Bodin\u2019s trademark Moon Shadow styling, the luxury villas are truly works of art. Each residence was laid out to not only maximize sea views but to also provide spacious, comfortable living areas that offer unmatched tranquility.\n\n\nClick here for additional information\n\n\nAvant Garden\n\n\nNearest Beach:\n Bo Phut Beach\n\n\nWhat we love:\n Every room has a spectacular view\n\n\nThe layout of Avant Garden maximizes sea views and privacy\n\n\nAvant Garden is nestled amongst the hills of northern Samui with views overlooking the sea and Koh Phangan. The developer has gone out of its way to maximize these vistas. For example, the bedrooms in each villa face toward the ocean and boast floor-to-ceiling windows. In fact, everything at the development is orientated towards the water.\n\n\nAnother notable feature of the villas is the layout which has been carefully crafted to ensure all residents can enjoy the utmost privacy. The developer of Avant Garden has truly considered every last detail meaning you can enjoy the best possible experience.\n\n\nRelated: \nAvant Garden is the sleek, new Samui villa development everyone is talking about\n\n\nClick here for additional information\n\n"} {"url": "https://www.dotproperty.com.my/blog/3-small-details-can-add-big-value-new-condo-unit", "title": "3 small details that can add big value to your new condo unit", "body": "\n\nWindows and walls are important features of new condos that can go unnoticed\n\n\nYou\u2019re faced with a lot of decisions when buying a new condo unit. Location and price are obviously the big ones. But small details also need to be considered. These can make or break your condo investment. With this in mind, let\u2019s take a look at a trio of tiny details that have a massive impact on your new condo unit.\n\n\n1) Windows\n\n\nWindows are important for a number of reasons. Good windows can help cut the cost of your utilities bill by improving insulation. Air conditioners are expensive to operate so you don\u2019t want that cool air escaping. These days, there are a number of windows available that are designed specifically to reduce energy costs.\n\n\nIt can be difficult to escape the sun in Southeast Asia. Cheap windows do little to reflect the sun\u2019s rays and allow heat in. Some condos now have tinted windows that not only reduce sunlight, but add a level of privacy that can be nice if you\u2019re located in a high-density area. Be sure to ask about the windows being used including what benefits they provide during your search for a new condo.\n\n\n2) Mortar\n\n\nDon\u2019t worry if you\u2019re not familiar with mortar. Not many people are. But this tiny layer of coating that is placed over the walls in most new condo buildings can make a huge difference. Low-end mortar can crack and offer poor sound absorption. It will look bad, bother your ears and be unpleasant to touch. We can only assume it tastes bad (unless you enjoy the taste of building materials) meaning four out of your five senses are being attacked when cheap mortar is used.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFor starters, a good mortar doesn\u2019t crack. Some lesser products can crack after only a few years due to a number of reasons. Additionally, good mortars are far more sound absorbent than traditional mortars. Even the noise from a heavy-duty home theatre system can be muted through the walls.\n\n\nIn terms of safety, you want a mortar that is fire resistant and able to withstand impact. The only downside, no matter how good the mortar is, it will still probably taste is still bad. But three out of four improvements isn\u2019t bad. You may not know a lot about mortar, but a good one makes your new condo safer, more liveable and adds value to it in the coming decades.\n\n\n3) Parking space\n\n\nEvery single new condo has a parking garage, but it is irrelevant if you don\u2019t have a guaranteed spot. Some new condos opt to reduce the number of parking spaces in order to increase the number of units. Their reasoning is that not all owners will have a car.\n\n\nIn theory, it makes sense. But the reality is different. There are now stories of condo developments throughout Southeast Asia that have more cars than spots. If the unit you\u2019re looking at doesn\u2019t have a guaranteed space, you may be losing some value that is unlikely to be recouped.\n\n\nThe details matter\n\n\nSearching for a new condo unit requires you to leave no stone unturned. You may see something banal like a window, walls or parking spaces and think these don\u2019t matter. But they really do. Especially if you plan on selling your condo unit in the future or let it out.\n\n\nDuring your \nsearch\n, be sure to investigate these details further to ensure the developer isn\u2019t cutting corners or trying to get you to spend more for something that isn\u2019t worth it. After all, no one wants to live in a condo that\u2019s hot, has cracked walls and offers nowhere to park your car.\n\n"} {"url": "https://www.dotproperty.com.my/blog/3-things-know-melia-phuket-karon-residences", "title": "3 things to know about Melia Phuket Karon Residences", "body": "\n\nThe highly-anticipated Melia Phuket Karon Residences is set to open in 2021. Backed by the Melia Hotels International brand and boasting a special design, the project won \nBest Resort Residences at the Dot Property Southeast Asia Awards 2019\n. It is the latest honor for a development that has been turning heads since first announced. Here are three things you should know about Melia Phuket Karon Residences.\n\n\nLearn more about Melia Phuket Karon Residences\n\n\n1) Best of both worlds\n\n\nMelia Phuket Karon Residences doesn\u2019t force you to choose between the beach or lush tropical greenery. Instead, you get them both. Nestled between mountain and sea, the project has ensured residents are connected to nature at all times.\n\n\nJungle foliage surrounds the entire resort allowing those here to enjoy a peaceful ambiance. The residences provide sublime panoramic views of the Andaman Sea and if you want to feel the sand at your feet, you can hop on the shuttle that will take you to Karon Beach.\n\n\n2) Low density living\n\n\nMelia Phuket Karon Residences\n\n\nThere are \n73 nature inspired sea view condominiums and villas\n at Melia Phuket Karon Residences ensuring this is your personal paradise. An emphasis was placed on limiting the number of units making ownership here truly special. It is your personal paradise where you can enjoy Phuket at its unspoiled best.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n3) Facilities to remember\n\n\nMelia Phuket Karon Residences features its own beach club where you lounge away on one of the island\u2019s most pristine beaches. But it is not all about the beach. Back at the resort, there is a rooftop, sea view swimming pool ideal for observing those picture-perfect Phuket sunsets. You can also take a lovely stroll through the landscaped gardens.\n\n\nResidents also have access to the facilities at the connecting Meli\u00e1 Phuket Karon hotel. These include the Forest Spa, fitness center, restaurant and a host of other amenities. With no shortage of activities at your disposal, you may never want to leave the award winning Melia Phuket Karon Residences.\n\n\nClick here to learn how you can own a residence\n \u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/3-things-remember-buying-off-plan-condo-unit", "title": "3 things to remember when buying an off-plan condo unit", "body": "\n\nThere are a few things you should know about buying an off-plan condo unit\n\n\nThere are risks and rewards when it comes to buying an off-plan condo unit. The cost savings involved is definitely a key factor for many people. However, the downsides, including a loss of deposit due to the developer not completing the project, also need to be weighed carefully.\n\n\nFirst and foremost, you need to choose a developer you trust when buying an off-plan condo unit. A proven company with a track record of completed projects is more likely to deliver what has been promised. This isn\u2019t to say you should avoid smaller homebuilders. Just understand the risk can be greater. With that in mind, here are three things to remember when buying an off-plan condo unit.\n\n\nRelated:\n \nShould you buy a condo unit in an older building\n\n\n3 things to remember when buying an off-plan condo unit\n\n\n1) Delays are allowed for\n\n\nThe purchase agreement you\u2019ve signed when buying an off-plan condo unit usually allows the developer to delay project completion for basically any reason they see fit. There is no penalty in most cases assuming they have notified you accordingly. It is important to know what your rights are before agreeing to any sale. Be sure to ask the developer about this and understand what\u2019s been included in the contract.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n2) The showroom and CGIs are not always what they seem\n\n\nNew condo project showrooms and the CGI images used to promote them always look nice. A great deal of time and money has been spent to ensure these entice potential buyers. And then when the day finally comes to transfer the unit, everything seems a lot smaller and less illustrious. Is this a case of the developer overpromising something or you getting your hopes up?\n\n\nIn most cases, it\u2019s a little of both. Showrooms and CGIs have been crafted exclusively to compliment the condo, not necessarily reflect how you\u2019ll see it on a day-to-day basis. However, nothing in life looks like the marketing materials. Burgers are always juicier in TV commercials and IKEA furniture appears better inside the store than at your home. This is just how the world works.\n\n\n3) Visit the site\n\n\nLocation is everything in real estate. And for years now, developers have been using non-scale maps and dubious measurements to make their condo projects seem to be in better locations than they really are. For example, being a five-minute drive away from a public transportation station isn\u2019t all that helpful since you probably aren\u2019t going to take your car there. On the surface, it sounds good. But the reality is a bit different. In this case, that short car ride is likely to be a fairly lengthy walk.\n\n\nThat\u2019s why you should visit the site or at least see where it is on an actual map before buying an off-plan condo unit.\n\n\nKeep Reading:\n\u00a0\nIs it better to buy a furnished or unfurnished condo?\n\n"} {"url": "https://www.dotproperty.com.my/blog/3-things-understand-london-property-investment", "title": "3 things to understand about London property investment", "body": "\n\nCentral London is providing international property investors with new opportunities \n\n\nWhile the media frets over Brexit and the UK political situation, the country\u2019s real estate market has opened up. In London, property prices have fallen from their 2014 peak with transaction levels remaining low in 2019. But this doesn\u2019t tell the entire story.\n\n\nThe falling pound has given overseas buyers newfound financial strength. International investors who may have not been able to afford London properties in the past can now enter the market. Before jumping in head first, there are a few things you should understand about London property investment.\n\n\n1) Brexit equals opportunity\n\n\nOn the surface, there is a lot of negativity surrounding Brexit. But for London property investment, it has actually turned into a great opportunity. As mentioned earlier, the significance of the falling pound should not be understated. International buyers who were priced out of London earlier in the decade are now finding it to be full of exciting, affordable real estate opportunities.\n\n\nAnd while Brexit has been a drag on housing prices, this is only a short-term situation\n. A poll conducted by Reuters\n\u00a0found that most economists believe Britain will eventually agree to a free trade deal with the EU and this will see London home prices rise by one percent in 2020 and 2.5 percent the following year. Meanwhile, \nSavills is forecasting 5-year price growth of 12.4 percent between now and 2023\n.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nLooking at the situation from a historical perspective can also provide some context. Stats from the UK\u2019s Office of National Statistics show that the average London house price has increased by 580 percent over the past 30 years.\n\n\n2) London\u2019s central areas remain a target\n\n\nLondon property investors have a lot of options when it comes to where they should invest. Fringe areas around the UK capital have grown in appeal, but London\u2019s central areas, Zone 1 and Zone 2, remain the best areas for real estate investors wanting to rent out their property.\n\n\nRental yields vary from two to five percent for central London residences depending on the neighbourhood. This isn\u2019t as high as fringe areas around the city, but demand in Zone 1 and Zone 2 is far stronger. Some real estate agencies are reporting as many as 14 aspiring tenants registering for every rental listing they have in prime London. However, it is a renter\u2019s market on the outskirts of the city with more supply than demand.\n\n\nThe reasons for the strong demand in the city centre are straightforward. Many people can\u2019t afford to buy property in central London, but still want to live here. Additionally, the UK government cut tax relief landlords were eligible for in 2017 and that led to a huge sell off of rental properties. This squeezed supply and saw demand surpass supply in Zone 1 and Zone 2.\n\n\n3) Project quality must match the location\n\n\nThe Compton in St. John\u2019s Wood from Regal London\n\n\nOverseas buyers must understand that location isn\u2019t the end-all, be-all when it comes to London property investment. It is important, but people willing to rent properties in prime London are expecting the best. If the quality of a residence doesn\u2019t match the location its in, letting it out will prove difficult.\n\n\nWith more than 20 years\u2019 experience, Regal London has an unbeatable track record of delivering outstanding residential-led, mixed-use schemes in central London.\n\n\nEach of the developer\u2019s more than 3,000 residential units completed and underway boasts Regal London\u2019s hallmark of quality, with superior specifications. From elegant building designs to interiors created with innovation, detailing and craftsmanship, Regal London projects do not compromise on quality. The firm has even partnered with renowned interior designer Kelly Hoppen OBE on past developments.\n\n\nProjects from \nRegal \nLondon\n\u00a0include The Atelier in West Kensington, a stylish development embracing the sophistication of London\u2019s most prestigious neighbourhood, and The Compton in St. John\u2019s Wood, a luxurious project designed to be chic, comfortable, luxurious and functional.\n\n\nThanks to its meticulous attention to detail, Regal London isn\u2019t just building places to live, but capturing what makes central London special. For investors, they can rest assured that they are buying from a developer who knows the market inside and out.\n\n"} {"url": "https://www.dotproperty.com.my/blog/3-tips-good-airbnb-guest-southeast-asia", "title": "3 tips to help you be a good Airbnb guest in Southeast Asia", "body": "\n\nAn example of what not to wear when using the fitness centre at your Airbnb stay in Southeast Asia\n\n\nFrom \nMalaysia\n to \nThailand\n and everywhere in between, Airbnb has changed the way people stay when travelling around Asia. However, the website\u2019s rapid rise in the region left unit owners, stayers and even laws playing catch up. The biggest complaint about the service in Southeast Asia remains the behaviour of Airbnb guests that can interrupt the daily lives of residents. This is especially common in condominium buildings where space comes at a premium.\n\n\nThis forced building management companies to look for legal precedent that would limit or ban the service entirely. In Thailand, the status of Airbnb and similar websites remains up in the air with some unit owners accepting guests despite \u201cno short-term letting\u201c signs now prominently featured in the lobbies and elevators of many buildings in Bangkok. On the other hand, no such problems exist in Vietnam or the Philippines despite some complaints.\n\n\nRead More:\n \nWhere is Airbnb legal (and illegal) in Southeast Asia\n\n\nIf you wish to use Airbnb in Southeast Asia but don\u2019t want to attract unwanted attention, it is important to be a good guest. It\u2019s actually not all that difficult to do. Simply follow these three tips and enjoy your stay.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTip 1 \u2013 Act like a resident, not a guest\n\n\nFor whatever reason, a small number of Airbnb guests don\u2019t understand that they are staying in a residential building, not a hostel or hotel. You may see guests leaving trash around the grounds. Others loiter in the lobby without shoes on while talking loudly on Skype. No one who lives in the building, or anywhere else in the world for that matter, wants to deal with this, ever.\n\n\nInstead of using common sense, a few bad apples treat the building they are staying in as if it was their home, alienating residents in the process. One of the selling points of Airbnb is the authentic, local experience users can take part in. Be mindful of this. If you don\u2019t see other residents hitting the fitness room in flip-flops, chances are you shouldn\u2019t be doing it either.\n\n\nTip 2 \u2013 Don\u2019t jam up the facilities during peak hours\n\n\nSpeaking of fitness rooms and the like, be considerate when using these. What a lot of Airbnb guests don\u2019t realise is the fact that all unit owners in a condo building or residential project pay a yearly facilities fee ranging from USD 300 to USD 2,000 and\u00a0up. This fee goes towards maintenance and covers the costs of the resident living there. The person you\u2019re letting the unit from has paid this, but nothing extra to cover all of the extra guests rolling through their condo during the year.\n\n\nYou can see why some residents may be upset by this. A few have even been known to report anyone using the facilities they believe to be a short-term letter. Depending on the building/country, you may be asked to leave. The solution here is quite simple. Don\u2019t use areas such as the fitness room or swimming pool during peak hours when they will be in high demand from residents. Since you\u2019re on vacation anyway, that early morning workout can wait until 9:30 am when everyone has left for work.\n\n\nTip 3 \u2013 Airbnb guests must think about security\n\n\nAnother complaint from residents about Airbnb guests is that they try to circumvent security measures for their own convenience. Security doors that require a key card for access are left open, keys are duplicated and extra visitors being allowed to enter are among the concerns to have been raised. Security is quite important to people living in Southeast Asia. It should be the same for you, even when staying at an Airbnb listed unit. Don\u2019t cut corners or put residents in risk.\n\n"} {"url": "https://www.dotproperty.com.my/blog/3-unique-property-investment-opportunities-available-southeast-asia", "title": "3 unique property investment opportunities available in Southeast Asia", "body": "\n\nThis charming B&B in Northern Thailand is one of the unique property investment opportunities now available on Dot Property\n\n\nLooking for a real estate investment that goes beyond your typical condo unit? In search of something with greater business potential. Dot Property has a number of unique property investment opportunities across our network of websites. From resorts to office buildings, you can possibly acquire something that is one-of-a-kind.\n\n\nNaturally, these do come with more challenges. Firstly, you have to be aware of local regulations when it comes to property ownership. This may require setting up a business or finding a local partner. Additionally, you might have to operate the property or find a management company.\n\n\nIt isn\u2019t always easy, but the rewards far outweigh the challenges. Especially if you are looking for something you can shape into your own. Finally, it is important to mention price. Many of these unique property investment opportunities are cheaper now than they were a few months ago or will be at the end of the year.\n\n\nA number of owners are looking to sell their properties quickly in order to raise capital to support other projects. This makes now the best time to buy.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSoutheast Asia\u2019s most unique property investment opportunities\n\n\nChiang Dao Roundhouses B&B\n\n\nChiang Dao Roundhouses\n\n\nType:\n Fully operational Bed & Breakfast\n\n\nLocation:\n Chiang Dao, Thailand\n\n\nPrice:\n THB6.9 million (USD222,640)\n\n\nChiang Dao Roundhouses B&B is situated in the lush mountains of Northern Thailand. Located 90-minutes north of Chiang Mai, this part of the country is popular with guests for its beautiful natural surroundings, slower pace of life and ability to see the stars at night.\n\n\nThe charming property consists of unique round buildings made of local and natural materials such as bamboo and earth. There are three guest accommodations along with an owner\u2019s house, common areas and everything else needed for operations. More importantly, Chiang Dao Roundhouses B&B has welcomed visitors for nearly a decade with countless positive reviews online.\n\n\nThere is potential for a new owner to expand the property or alter shift the focus to new segments such as health and wellness.\n\n\nClick here for more information\n\n\nIndustrial space outside Metro Manila\n\n\nType:\n Warehouse/Factory complex\n\n\nLocation:\n Muntinlupa, the Philippines\n\n\nPrice:\n PHP68 million (USD1.3 million)\n\n\nSheds aren\u2019t sexy, but \nthey just might be the best real estate investment available in the Philippines at the moment\n. This warehouse stands out thanks in part to an ideal location on the outskirts of Metro Manila. It offers easy access to the South Luzon Expressway and other major roads.\n\n\nThe 1,374 square meter site can also be renovated to ensure it suits the needs of various logistics or industrial outfits. This isn\u2019t a trophy asset but is one that will most likely be profitable.\n\n\nClick here for more information\n\n\nUpscale eatery in Vietnam\n\n\nType:\n Restaurant and bar\n\n\nLocation:\n Ho Chi Minh City, Vietnam\n\n\nPrice:\n VND3 Billion (USD129,200)\n\n\nIf you\u2019ve ever wanted to get into the food and beverage game in Southeast Asia, now may be a good time to find the right spot. You will have time to rebrand the place you buy and launch it as more people want to dine out.\n\n\nIn Ho Chi Minh City, this modern bar and restaurant has the foundation in place for success. It comes with a full range of equipment, which is included in the sale price, as well as the proper documentation of a foreign-owned company, including a full restaurant license, that can be transferred. It can either be purchased as a turn-key establishment or molded into the eatery you\u2019ve always wanted.\n\n\nClick here for more information\n\n"} {"url": "https://www.dotproperty.com.my/blog/3-ways-create-feature-wall", "title": "3 ways to create a feature wall", "body": "\n\n\n\nA feature wall is the perfect way to brighten up a room without a complete overhaul.\u00a0\n\n\nCreating a feature wall will create an instant impact. It can be an easy way to change the look of your room with something to reflect your personality. We have selected three ideas for you to consider.\n\n\n1. Display photos or mirrors.\n\n\nAre you lacking shelf space to display your latest snaps? Or do you have some small pieces of framed artwork? If so, why not display them all in an organised fashion on the wall. In either a straight line or next to and on top of each other. Use the same style of frame style for a uniform look or you are feeling even more daring why not select different styles of small mirrors and display these on the wall instead. Whatever you decide to choose it is important to make sure that you spend time accurately measuring out where each one should go. Even if you are going for a hap hazard style, it needs to be spot on to look neat.\n\n\n2. Pick up a paintbrush.\n\n\nPick a bold colour and create a contrasting wall than the rest of the room with a different shade. Or if you are feeling more daring pick a wallpaper but remember that that the wallpaper has to have one colour in it that is the same as the other painted walls to make sure it fits. Or simply paint the wall in blackboard paint and let your children loose on it!\n\n\n3. Get arty with some wall graphics.\n\n\nPlace a graphic of any design on the wall. There are hundreds of designs to choose from to suit all tastes. A map of the world or an underwater scene appropriate for a child\u2019s bedroom. Some wall stickers are even reusable meaning you can take your feature wall with you when you move.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/3-ways-make-your-condo-more-romantic-valentines-day", "title": "3 ways to make your condo more romantic for Valentine\u2019s Day", "body": "\n\nA romantic dinner at home can be the ideal way to celebrate Valentine's Day\n\n\nValentine\u2019s Day is just around the corner and with it comes the never-ending stream of advertisements hawking flowers, chocolates, teddy bears and fancy dinners. And while all of these are fine, there is no substitute for spending quality time with your loved one.\n\n\nWith Valentine\u2019s Day falling on a Thursday this year, it might be practical to make your condo more romantic and enjoy a nice dinner at home. Not only does this show that you care, but it provides a much more intimate experience that can be customised to suit your significant other.\n\n\nRegardless of if you are a Romeo or Juliet, here are three ways to make your condo more romantic for Valentine\u2019s Day.\n\n\n1) Scented candles\n\n\nDon\u2019t just set out candles without a holder\n\n\nIt\u2019s clich\u00e9, but the quickest way to make your condo more romantic for Valentine\u2019s Day is by adding a few scented candles and keeping the lights to a minimum. Look, candlelight will forever be the most romantic light and the fragrance allows your condo feel like a different place.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMore importantly, it\u2019s really hard to mess up scented candles as long as you follow these two instructions. Firstly, make sure all the candles have the same scent. You don\u2019t want to create a bunch of different smells that won\u2019t compliment each other. There is a reason no one has made a lavender, sandalwood and peppermint candle. It would smell awful. Don\u2019t make it on your own.\n\n\nSecondly, don\u2019t just put candles out everywhere like they do on TV. They need to be on something so the melted wax doesn\u2019t ruin your furniture. You can find candle holders, but plates or even coasters can work in a pinch.\n\n\n2) Red bedding\n\n\nThis is another touch that doesn\u2019t require a lot of work, but can have a big impact. Red sheets, pillowcases and bedding set the mood and transform your bedroom. You can even upgrade to silk or satin sheets if you want the full Valentine\u2019s Day look. Just be sure to swap out the red bedding after Valentine\u2019s Day or you\u2019ll adjust to it and the set will lose its romantic appeal.\n\n\n3) A different dinner setting\n\n\nIf you are hosting a romantic dinner at home, don\u2019t simply serve it the table you usually eat at. You want to make the occasion feel special. One way to do this is to move the table to the living room and surround with the previously mentioned scented candles, some string lighting and new plates and cutlery. Sure, it may be a lot of work moving everything around, but it\u2019s worth it in the end.\n\n\nWhile you may want to make your condo more romantic for Valentine\u2019s Day this year, why not start looking for a new place for you and your loved one to call home in time for next year? Dot Property is the place Southeast Asia goes to move. \nStart your search today!\n\n"} {"url": "https://www.dotproperty.com.my/blog/3-ways-save-energy-holiday-season", "title": "3 ways to save energy during the holiday season", "body": "\n\nKeep holiday decorations simple this year will also help keep your electric bill down\n\n\nWhile lighting up the house or condo in years past wasn\u2019t an issue, it will cost you a pretty penny in 2022. That means you need to find ways to save energy during the holiday season if you\u2019re going to avoid a lump of coal arriving in your stocking in the form of a sky-high utilities bill.\n\n\nThe name of the game here is reduction. Where can you lessen electric use on holiday decorations during the next month? This should help you fend off a massive spike on your next utilities bill, although you still may end up paying a little more.\n\n\nWith that in mind, here are three ways to save energy during the holiday season.\n\n\n1) Switch to LED lights\n\n\nIf you haven\u2019t switched to LED lights for your Christmas Tree and other areas, now is really the time to do so. These are more durable and use less electricity than traditional lights. They are also more affordable than you may realize and look just as good as those glass bulbs. More importantly, you don\u2019t have to worry about LED lights getting hot and melting plastic ornaments.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n2) Focus on non-electricity consuming exterior decorations\n\n\nLook, you might love to festively light up the exterior of your house, or balcony and windows if you live in a condo. But will it really be worth the cost this year? Perhaps the biggest way to save energy during the holiday season is to utilize exterior decorations that don\u2019t use power. It may not wow your neighbors or passersby, but they won\u2019t be around when it comes time to pay the electric bill.\n\n\n3) Turn the lights off when you leave\n\n\nThis should seem obvious, but countless people keep their holiday lights turned on when they leave the house. There is absolutely no reason for the Christmas Tree to be lit up if nobody is home. You are literally paying for nothing when doing this.\n\n\nKeep Reading:\n\u00a0\nThe best Christmas decoration ideas for small spaces\n\n"} {"url": "https://www.dotproperty.com.my/blog/4-easy-feng-shui-design-tips-anyone-can-use-home", "title": "4 easy feng shui design tips anyone can use in their home", "body": "\n\nLight flows are important for feng shui\n\n\nFinding easy feng shui design tips that work just as well in condominiums as two-story homes can be challenging. There are a lot of articles out there that either provide advice that\u2019s not always practical, such as painting your walls, or entirely too vague, like remove negative symbolism.\n\n\nToday, the goal is to find easy feng shui design tips anyone can use in their home. These are tangible things that will take a few hours to complete at most. Now, we can\u2019t promise these fill your residence with positivity, but they should at least help start balancing its chi in the right direction.\n\n\nRelated:\n\u00a0\nSimple tricks to make your condo seem bigger\n\n\n4 easy feng shui design tips\n\n\n1) Add light to dark spots\n\n\nLight flow is extremely important in feng shui design. For starters, go around your house and see if there are any dark or dimly lit corners or rooms because these are a source of negative energy flows. The fix here is simple. Either add a lamp to these spots or strategically place a mirror that reflects light into these spaces.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n2) Keep your entryway clear\n\n\nThe first thing many of us do when getting home is take our shoes off and toss umbrellas and whatever miscellaneous stuff we\u2019re carrying to the side. This goes against feng shui principles. Get a shoe rack and use it while also considering adding holders for other items that may clutter the entryway.\n\n\n3) Use round tables\n\n\nSharp angles are bad when it comes to feng shui. And while it\u2019s impossible to avoid them completely, minimizing when possible is a positive start. Swapping out square coffee and side tables for round ones is the easiest solution. It will also ensure you don\u2019t damage your shin on the sharp corner of a table in the middle of the night.\n\n\n4) Add plants and water\n\n\nOne simple way to fix negative feng shui is to incorporate natural elements like plants or water. Something small, such as a fountain on a table or shelf, can accomplish this and add a bit of overall peace to your home. If you are able to take care of plants and have the conditions for them to survive, adding a few around the house is recommended as well.\n\n"} {"url": "https://www.dotproperty.com.my/blog/4-facts-must-know-bangkok-condo-investment-right-now", "title": "4 facts you must know about Bangkok condo investment right now", "body": "\n\n\n\n\n\n\n\n\n\nThis is an interesting time for Bangkok condo investment. Pandemic-induced discounts are long gone while real demand is returning. Meanwhile, developers are beginning to launch new projects in this segment after nearly two years of inactivity.\n\n\nThere are also other factors to consider, such as the US dollar\u2019s newfound strength against the Thai baht. With that in mind, here are some facts you should know about Bangkok condo investment right now.\n\n\n4 facts you must know about Bangkok condo investment right now\n\n\n1) Domestic demand is rising\n\n\nAfter two years of decline and stagnation, domestic \nBangkok\n condo demand rose steadily between October 2021 and March 2022 in a sign the situation is improving. More activity is obviously good news for investors.\n\n\nAccording to data from Dot Property Group, \ndomestic Bangkok condo demand increased by 27.7 percent between the fourth quarter of last year and the first quarter of 2022\n. The increase in demand is aligned with daily life in Bangkok returning to normal. In-person work has resumed, and Thai buyers are exploring what\u2019s available on the condo market in locations closer to the office.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHowever, \nthe Dot Property Group Bangkok Condo Market Report Q1\n found that international demand remained flat over the same period.\n\n\n2) Infrastructure supports interest in suburban locations\n\n\nBang Sue Grand Station and other projects are supporting condo demand in suburban Bangkok\n\n\nThe Greater Sukhumvit area had the highest amount of Bangkok condo demand among both domestic and overseas buyers. That being said, each group is expanding their location preferences. Domestic Bangkok condo demand diversify away from the Bangkok core with 6.9 percent of all domestic inquiries between October 2021 and March 2022 in the Bang Sue, Chatuchak Lat Phrao districts. That area is home to Bang Sue Grand Station; SRT Red Line and Light Red Line; and MRT Brown Line among others.\n\n\nMeanwhile, the east suburban area of Suan Luang and Bang Kapi received 5.7 percent of all domestic inquiries between October 2021 and March 2022. This area will be served by the MRT Orange, Brown and Yellow Lines with all three meeting at the Lam Sali Intersection in Bang Kapi.\n\n\nOversea demand is more concentrated in Bangkok\u2019s prime location: Greater Sukhumvit, the CBD and Central Bangkok. Interest is increasing along the Riverside though with the area accounting for 8.1 percent of all international inquiries during the past two quarters.\n\n\n3) Developers resuming launching Bangkok condo projects\n\n\nKhun Kamolthip Bumrungchatudom, AP Chief of Condominium Business Group\n\n\nSeveral of Thailand\u2019s largest homebuilders have come out with positive statements about the Bangkok condo market in 2022. AP is launching five condominiums this year after seeing interest for units pickup to end 2021.\n\n\n\u201cOur presales were entirely from existing projects as we had no new condo projects launched during the period. Most were either completed or nearly completed projects,\u201d \nKhun Kamolthip Bumrungchatudom, AP Chief of Condominium Business Group, reported\n. \u201cCondo supply and demand almost match in some locations as developers cut new launches during the past two years.\u201d\n\n\nSansiri\n and Supalai also recorded an uptick in condo sales and transfers with the latter going on record to predict a full Bangkok condo market recovery by year-end.\n\n\n\u201cCondo sales clearly recovered in the fourth quarter of 2021, resuming in the first quarter this year with our best results in five quarters despite a peak in COVID-19 cases during that quarter,\u201d Supalai Managing Director Khun Tritecha Tangmatitham noted. \u201cGood sales in the condo market were among completed and ready-for-transfer units as the prices were rarely increased.\u201d\n\n\n4) US dollar buyers enjoy newfound strength\n\n\nThe US dollar to Thai baht exchange rate surpassed the 34 to 1 mark in late April and has stayed above that level for a month. This is the strongest the dollar has been against the baht in nearly five years which is good news for those considering Bangkok condo investment and using American currency.\n\n\nIt remains to be seen how much further the dollar will strengthen against baht. The last time there was a sustained exchange rate of 35 to 1 was March 2017 while a 36 to 1 rate was last reached in January 2016.\n\n"} {"url": "https://www.dotproperty.com.my/blog/4-of-malaysias-best-beaches", "title": "4 of Malaysia\u2019s best beaches", "body": "\n\nPerhentian Kecil\n\n\nHead to one of these sandy shores in Malaysia for your beach fix.\u00a0\n\n\nIf you want to get out of the city and hit the beach then you are in luck. Malaysia has an impressive number of sandy beaches to keep every type of beach-worshipper happy. With so many to choose from we have decided to give you a round up of our top four.\n\n\n1. Langkawi.\n\n\nLangkawi is world famous. Nestled up on the north west coast on the Andaman Sea and bordering neighbouring Thailand, this glistening island is in fact made of up an\u00a0archipelago of 104 islands. Best visited between November and May due to lower humidity and lots of sunny days, it is also is fortunate to receive less rainfall compared to the eastern coast of Malaysia meaning that it can be visited pretty much year round although September to November are the wettest. One downside to Langkawi is that top end resorts occupy some of the best coves on this island meaning that you cannot enjoy them unless you are a guest. However the island has access to some great diving and snorkelling site namely Palau Payar Marine Park, so there is good reason why people continue to flock here and its picture perfect beaches.\n\n\n2. Tioman.\n\n\nIf you are looking for something a little less developed then head to Tioman on the eastern coast. Just 32 kilometres of the mainland it is a mecca for those who love the outdoors with lots of trekking opportunities in the jungle. Golf is an abundance here but if dry land isn\u2019t your thing then dive down to the Tioman Marine Park to explore the underwater world. There is a good range of accommodation on the island dependent on your needs each with its own vibe. A word of warning, monitor lizards can be found on Tioman as well as monkeys who have a particular liking for golf balls.\n\n\n3. Perhentian.\n\n\nThe Perhentian Islands have become a popular place for backpackers. Literally translated as \u2018the place to stop\u2019, it is not surprising that this group of five islands has given itself such a name. Travel to the northeastern side of Malaysia and you will be greeted by white sandy beaches and crystal clear waters. This is certainly a hidden gem. Despite there being a good choice of budget accommodation on the island thanks to the backpacker following, there are some good family options too and the chance to retreat from some of the party action. The islands are accessible by ferry from the mainland and other ferries operate between for those looking for a spot of island hopping.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4. Similajau National Park.\n\n\nIf you are feeling a little more adventurous still then head to Similajau National Park on Sarawak. Ideal for nature lovers as this is the place to see gibbons, turtles, macaques, a plethora of bird species, plus lush forests and waterfalls. The best time to visit is between April and September and to see turtles beteen March and September. Wait patiently on these golden sands to watch turtles lay their eggs, but you will need a permit to do so. Campsites and hostels are on the island plus a caf\u00e9. The Similajau National Park is the place to embrace Malaysia\u2019s jungle and beaches side by side.\n\n"} {"url": "https://www.dotproperty.com.my/blog/4-reasons-savvy-investors-choose-cardiff-purposed-built-student-accommodation", "title": "4 reasons why savvy investors choose Cardiff purposed-built student accommodation", "body": "\n\nPhoto/Dai Lygad - Cardiff University is one of the most respected schools in the UK\n\n\nYou can receive a GBP3,000 discount on an apartment in Cardiff\u2019s most exciting purposed-built student accommodation project just by registering your interest. Keep reading for more information \nor\u00a0\nclick\n\u00a0here\n. \n\n\nHome to three universities and a rising population of international students, you would think there would be plenty of Cardiff purposed-built student accommodation. However, that is not the case. There remain far more students than student-focused accommodation in the Welsh Capital.\n\n\nAnd this is just one reason savvy investors are choosing Cardiff purposed-built student accommodation. Let\u2019s take a deeper look at what makes it one of the UK property sector\u2019s hidden gems.\n\n\nWhy Cardiff purposed-built student accommodation?\n\n\n1) Cardiff is an educational hub\n\n\nCardiff has become a world-class educational city with three major universities and 37,500 students, including 8,100 international students, now located here, according to data from The Complete University guide. The highly-regarded Cardiff University, Cardiff Metropolitan University and University of South Wales are among the most prestigious schools in the UK and also popular with overseas students.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFor example, Cardiff University having increased its intake by 15 percent when compared to the rest of the UK. Meanwhile, the EU-based international student body has grown by 31 percent while the non EU-based international student body is up 18 percent since the start of the decade.\n\n\n2) More students than purposed-built student accommodation\n\n\nThe supply of Cardiff purposed-built student accommodation hasn\u2019t been able to keep up with the rapidly growing student population. An estimated 25,354 students in Cardiff are searching for this type of housing, but won\u2019t be able to secure a unit. For every single unit of Cardiff purposed-built student accommodation, there are 25 students in the city wanting student-focused housing.\n\n\n3) Students want better housing, closer locations\n\n\nFeatures are important to students who want to live in a space that matches their lifestyle\n\n\nStudents in Cardiff want purposed-built student accommodation because it suits their lifestyle. From common areas to co-working zones and other amenities, this type of housing is more desirable than traditional homes with multiple occupants, the only option currently available to most students.\n\n\nLocation is a factor as well. A little more than 2,000 students currently live in the CF10 postal code where Cardiff University and the city centre are located. The majority of these students have to live in suburban areas that are between 15- and 30-minutes away on foot. This makes getting school inconvenient while also hampering social life.\n\n\nStudent unions in Cardiff have been lobbying for better standards of accommodation while students continue to want to live closer to the schools they attend as well as the city\u2019s main shopping streets and leisure hotspots.\n\n\n4) Strong returns\n\n\nKnight Frank reported that average yields in Cardiff are being recorded at 5.59 percent, well above the UK average of 4.72 percent. The consultancy also found that Cardiff had the fastest annual student rent growth in the UK during 2017/18. That figure is nearly quadruple the UK\u2019s average rent growth during the same period and places Cardiff purposed-built student accommodation at the top of the class when it comes to investment returns.\n\n\nYour chance to invest in Cardiff purposed-built student accommodation\n\n\nLimited supply means opportunities to invest in Cardiff purposed-built student accommodation are not easy to find. One project that ticks all the boxes is Vita Student Cardiff from Select Property Group, the UK\u2019s leading property investment specialists.\n\n\nThe development is located in the heart of Cardiff city centre and is just a five-minute walk from Cardiff University. This places it in the area where demand from students is the highest. Additionally, the fully managed property is part of Select Property Group\u2019s Vita Student brand that specialises in purpose-built student accommodation.\n\n\nVita Student Cardiff\n\n\nIn fact, Vita Student Cardiff is the developer\u2019s 20th fully managed Vita Student project. For international property seekers, they can be confident they are investing in a brand that has a proven track record and is known for providing a hassle-free experience. Select Property Group accomplishes this by offering investors one-stop for all services.\n\n\nVita Student Cardiff has only 401 apartments, so investment opportunities are limited. \nSelect Property Group is currently providing an exclusive GBP3000 discount to anyone who signs up for more information on the project\n. The developer is also offering investors 6.5 percent NET rental yield assured for three years.\n\n\nDon\u2019t miss this chance to invest in Cardiff purposed-built student accommodation. Limited supply, a lack of development in central areas and high demand makes Vita Student Cardiff the ideal UK real estate investment.\n\n\nClick here to receive a GBP3,000 discount on Vita Student Cardiff\n\n"} {"url": "https://www.dotproperty.com.my/blog/4-reasons-to-invest-in-student-accommodation", "title": "4 reasons to invest in student accommodation", "body": "\n\n\n\nIf you are looking to invest in UK property then consider student accommodation.\u00a0\n\n\nArticle 50 has been triggered. The UK will leave the European Union. The sterling has been at an all time low. Good news for overseas investors wanting to snag a bargain thanks to the favouring exchange rates.\n\n\nUK property holds a certain status. But aside from this it has proven to be a lucrative investment asset. The legal system is transparent. It is politically and economically safe despite any stirs caused by events such as Brexit. It is a safe haven than consistently proves its worth as a good place to invest.\n\n\nHowever due to rising prices much of the property in the UK is out of reach for many investors. There is the option of buying property as part of a syndicate however more recently student accommodation in the UK has become a preferred investment option.\n\n\nThe UK is home to some of the leading universities attracting attendees worldwide. With not enough university owned accommodation available, many developers have ceased this opportunity building units ideal for occupiers who prefer a good quality home with\u00a024 hour security and lift access.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhy this market?\n\n\n1. Values are low.\n\n\nBuying a single room is much cheaper than buying a whole property. Therefore less funding is needed and you can even add to your portfolio if you wish.\n\n\n2. Hassle free.\n\n\nMany developers offer to manage the property as part of their services. This includes fixing any repairs and sourcing a tenant making for an effortless investment. Plus often the rent is guaranteed with a high rental yield.\n\n\n3. Demand is high.\n\n\nThe UK has an acute housing shortage. Plus on top of this records reveal that there were over half a million university students in the UK in 2015. This number is expected to have increased, but either way it shows the sheer pressure on housing.\n\n\n4. Students can be model tenants.\n\n\nIf you are aiming for the international student market then it is worth remembering that many of these students have paid a fair amount in tuition fees to attend university overseas. Thus they are more likely to be studious and good tenants. Many of whom pay six months rent in advance.\n\n"} {"url": "https://www.dotproperty.com.my/blog/4-things-first-time-condo-buyers-must-consider", "title": "4 things first-time condo buyers must consider", "body": "\n\nFirst-time condo buyers tend to ride a rollercoaster of emotions. There is the excitement of potentially owning a home, nervousness over the mortgage process, worry about finding the right unit and a whole host of other feelings. It can all be a bit overwhelming.\n\n\nThat doesn\u2019t even factor in the things you don\u2019t know about the process. With so much happening, many first-time condo buyers miss essential details. A real estate agent will help guide you through this journey, but they can\u2019t answer questions you don\u2019t ask.\n\n\nDon\u2019t worry; we\u2019re here to help. Here are four things first-time condo buyers must consider. Knowing these before you make a purchase can ensure your new home is a happy one.\n\n\n4 things first-time condo buyers must consider\n\n\n1) What are the homeowner fees/dues?\n\n\nMany first-time condo buyers have no idea that they are obliged to pay homeowner fees/dues. Some are even surprised when the bill for this shows up. Payment terms will either be monthly or annual and this varies by location and developer.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHomeowner fees/dues go towards property maintenance and improvement. After all, that swimming pool won\u2019t clean itself. It is important to note paying this is unavoidable as you agree to it when signing a purchase agreement. That is why you want to know how much it is going to cost before you buy.\n\n\n2) Is a parking space guaranteed?\n\n\nNot all projects are able to guarantee unit owners a parking space. In some instances, it is available on a first-come, first-served basis. Other projects may require you to pay extra for a spot. Whatever the case may be, make sure you know what to expect before moving in.\n\n\n3) Furnished, fitted or empty\n\n\nWhat you see isn\u2019t always what you get. Many first-time condo buyers walk into a unit and assume everything inside comes standard. That is almost never the case. It\u2019s vital to know what exactly will be inside, so you don\u2019t go over budget purchasing furniture, electronics and other household essentials.\n\n\nKeep Reading:\n \nIs it better to buy a furnished or unfurnished condo?\n\n\n4) Renovation regulations\n\n\nYou may want to paint your unit in the future or install shelves. Perhaps you come to dislike the flooring and want to change it. It is impossible to know what the future might bring. With that in mind, you should have a clear picture of what renovations can be carried out as well as how the approval process works.\n\n\nThis can vary quite a bit from building to building, so you should have an idea of the renovation regulations before buying. Overlooking this might not be a big deal at first, but who knows how you\u2019ll feel once the honeymoon period with your condo ends.\n\n\nRelated:\n\u00a0\n3 interior design trends in Southeast Asia to watch in 2023\n\n"} {"url": "https://www.dotproperty.com.my/blog/4-things-get-off-plan-condo-investment", "title": "Do these 4 things to get the most from your off-plan condo investment", "body": "\n\n\n\nIn Southeast Asia, off-plan condo investment continues to dominate the real estate industry. Buyers from Hong Kong, China, Singapore, Europe and the Middle East are all comfortable with buying condo units off-plan. The process is easy and doing so usually allows for the highest possible returns.\n\n\nOf course, off-plan condo investment is not a sure thing. If you want to get to most from your purchase, follow these four tips.\n\n\nGet the most from your off-plan condo investment\n\n\n1) Buy early\n\n\nThe cheapest prices can be had as soon as a developer launches a new project. In fact, many developers are now conducting pre-selling periods where exclusive deals are offered. The reason for this is simple. Most developers want to realise revenue before starting construction. They are willing to offer cheaper prices until shovels hit ground to obtain enough financing that ensures the project is worth it.\n\n\nSee more: \n4 tips to avoid overpriced homes\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n2) Buy for tomorrow, not today\n\n\nSavvy investors understand they are investing in both a specific project as well as the neighbourhood it is located in. Be sure to see if there are any future infrastructure projects nearby that will improve connectivity or if there are plans to build retail or commercial centres. These can positively impact property prices and bring extra value to your investment.\n\n\n3) Know the developer\n\n\nIt is important to be confident in the developer. If you\u2019re considering an off-plan condo investment with a homebuilder, get to know their work first before deciding to buy. What are the most important things to research? You should see if they have ever failed to complete a project as well as if they have ever been late transferring units. These are two red flags that could sink your off-plan condo investment.\n\n\n4) Think about furniture\n\n\nIf your condo is not fully furnished and you plan on letting it out, the unit will need some decorating. Hiring an interior designer is a smart move if decor isn\u2019t your thing. However, it is easy to do this yourself if saving money is the name of the game. In most cases, the basics, such as a bed, couch, television and tables, will suffice. Remember, the look of the condo unit isn\u2019t about you, but who will be renting it out. Avoid loud art pieces or anything else you like, but could be seen as a turn off.\n\n\nSee more:\u00a0\nHow to select the right interior designer\n\n"} {"url": "https://www.dotproperty.com.my/blog/4-things-know-philippine-condo-investment-2021-ab", "title": "4 things to know about Philippine condo investment in 2021", "body": "\n\nIf you are thinking about Philippine condo investment in 2021, there are a few things you are going to want to know. To start with, it is a bit of a disjointed time for the condo market. After years of steady growth, prices fell drastically in the third quarter of 2020 and haven\u2019t really recovered yet.\n\n\nHowever, not all segments and locations have been impacted. Many experts remain optimistic about the overall state of the market. So, while Philippine condo investment in 2021 can still be a smart play, it\u2019s important to understand the current situation which is very different from prior years.\n\n\nRelated:\n\u00a0\n3 key questions facing the Philippine property market in 2021\n\n\n4 things to know about Philippine condo investment in 2021\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nLuxury dominates Metro Manila\n\n\nThe luxury condo market in Metro Manila was very active last year\n\n\nThe Bangko Sentral ng Pilipinas (BSP) \nResidential Real Estate Price Index\n found that condo prices in Metro Manila declined in both the third and fourth quarter of 2020. Despite this, JLL found the luxury condominium market to be resilient last year with pre-selling projects in high demand.\n\n\n\u201cLuxury projects are doing relatively well while some declines of existing projects are offset by the resiliency of upcoming projects in Taguig and Makati, but the mid-level has been affected by price decline given the weakened overall demand,\u201d\u00a0\nJanlo Delos Reyes, Head of Research and Consultancy at JLL Philippines, was quoted as saying by the Manila Bulletin\n.\n\n\nThis was corroborated by research from Colliers International that found 86 percent of luxury and mid-market property developments set to be completed between now and 2022 had already been sold. According to the consultancy, a limited supply of luxury condominium units in Metro Manila means both prices and rents should continue to increase.\n\n\nShifting preferences\n\n\nOn the other end of the spectrum, prices and rents for low- and mid-end condominium units in Metro Manila are falling. Several developers noted a change in consumer preferences as it relates to housing. The \u201cNew Normal\u201d and work from home measures now being adopted in the Philippines means living in the city is no longer a requirement for most people.\n\n\nWith that being the case, more home seekers are currently looking at house and lots in provincial areas adjacent to the National Capital Region. These are similarly priced to mid-range condominiums in Metro Manila and usually provide more space and wellbeing benefits.\n\n\nThis trend isn\u2019t simply impacting the residential sector. \nMany Philippine businesses are moving to suburban townships\n\u00a0which may accelerate demand for housing outside the NCR.\n\n\nCebu prospects remain bright\n\n\nMactan\u2013Cebu International Airport is one of several infrastructure projects supporting the real estate market in the region\n\n\nThe best place for Philippine condo investment in 2021 is most likely Cebu. Two key factors have been responsible for driving residential demand in Cebu over the past ten years. Firstly, home prices are significantly less than those in Metro Manila which is appealing to buyers. Secondly, a number of infrastructure projects will improve the region\u2019s connectivity and boost property prices in the future.\n\n\n\u201cColliers projects a potential rebound in residential demand in 2021 (in Cebu) and thus sees a faster pace of price increase from 2021 to 2022 to reflect a stronger residential market,\u201d\u00a0\nJoey Bondoc, Colliers Philippines Senior Research Manager explained to the Philippine News Agency\n. \u201cThe residential sector of the area is at a discount as compared to projects located within the country\u2019s capital. The proliferation of both local and national developers in Cebu has raised land and property values.\u201d\n\n\nThink long term\n\n\nThose considering Philippine condo investment in 2021 need to look at the bigger picture. Prior to 2020, home prices across the board had increased for five consecutive years. Obviously, COVID-19 has impacted the property market, but things should recover quickly once the situation returns to normal.\n\n\nFirst Metro Investment Corporation, the investment banking arm of the Metrobank Group, believes the Philippines will record 6- to 7-percent GDP growth and attain USD4,000 per capita by 2023. Meanwhile, BSP has envisioned a scenario where GDP growth could reach as high as 10 percent in 2022.\n\n\nWhat\u2019s more, there remains real demand for all types of housing in the Philippines. The climate here is much better than Thailand and Malaysia where oversupply is currently prevalent when it comes to condominiums. Undoubtably challenges remain but investing int the Philippine condo market is still worth considering this year.\n\n"} {"url": "https://www.dotproperty.com.my/blog/4-things-know-philippine-property-investment-2023", "title": "4 things to know about Philippine property investment in 2023", "body": "\n\nPhilippine property investment in 2023 will chart a different course than what we have seen over the past few years. The pandemic is fully in the rearview mirror and a recovery is already well underway in most locations and segments.\n\n\nIn places such as Metro Manila, demand and prices rose noticeably in 2022 meaning investors may want to act quickly. Other locations, such as Davao and Metro Cebu, are up-and-coming real estate destinations in the Philippines worth exploring.\n\n\nBeing informed is vital whatever your decision happens to be. That is why we are here with four things you want to know about Philippine property investment in 2023.\n\n\n4 things to know about Philippine property investment in 2023\n\n\nPrices on the rise\n\n\nPhilippine property prices rose again in the third quarter of 2022 with the Bangko Sentral ng Pilipinas (BSP)\u00a0\nResidential Real Estate Price Index\n\u00a0rising 6.5 percent year-on-year in the third quarter of 2022. The biggest gains were seen in the National Capital region where residential property prices surged by 14.6 percent due in large part to the condominium sector.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThis was the sixth consecutive quarter that Philippine property prices have risen, and they are now inching closer towards pre-pandemic levels. Home price growth coincided with on-site work and in-person classes resuming in full.\n\n\nThose thinking about Philippine property investment in 2023 may not want to wait too much longer before buying. Pent up housing demand in several locations means property prices are expected to continue on their upward trajectory assuming the central bank doesn\u2019t aggressively increase interest rates.\n\n\nMetro Manila condo market heats up\n\n\nIf you are wondering why Metro Manila condo prices are on the rise, well, it has everything to do with a hot market. \nAccording to data collected through the Dot Property Group network of websites\n, the number of inquiries made for Metro Manila condo units rose by 54.7 percent year-on-year during the fourth quarter of 2022.\n\n\nBonifacio Global City and Makati continue to lead the way when it comes to Metro Manila condo demand. The two areas, which are home to several key business districts, accounted for nearly half of all National Capital Region (NCR) condominium inquiries last year. Quezon City, City of Manila and Pasig round out the top five locations for condos in the NCR.\n\n\nThe majority of Metro Manila condo demand continues to be for studio and one-bedroom units but a shift over 2022 saw interest in two-bedroom condominiums rise steadily. A need for larger spaces was among the most noticeable trends to emerge during the pandemic and doesn\u2019t appear to be slowing down.\n\n\nDownload the Dot Property Group Philippine Real Estate Year in Review here\n!\u00a0\n\n\nDavao poised for a breakout?\n\n\nA focus on infrastructure continues to benefit the Davao property market\n\n\nFor the past few years, the Davao economy and real estate market have outperformed the rest of the Philippines. Despite this, the region has flown under the radar among many investors. Could 2023 finally be the year it breaks out on the regional stage?\n\n\nIt is hard to say. Davao certainly has everything needed to draw in real estate investors. Not only has there been a significant investment in local infrastructure but the region continues to attract national and international companies.\n\n\nThere is also some exceptional beaches and tourist destinations in Davao. Seriously, how is Samal not more well-known? The local government has plans to bring in more visitors with \n1.8 million expected in 2023\n.\n\n\nElsewhere, developers are rolling out new projects here with some, such as \nThe Piazza at The Grand Citygate Davao\n, providing outstanding investment terms. Even if Davao doesn\u2019t get the attention it deserves this year, savvy real estate investors should keep an eye on what\u2019s happening.\n\n\nDon\u2019t be tricked\n\n\nProperty buyers, especially ones overseas, need to be alert for real estate scams\n\n\nThose considering Philippine property investment in 2023 will want to have their guard up when looking for real estate. Over the past few years, scams have become more prevalent with the biggest issue being unlicensed agents falsely representing properties. These individuals use platforms, such as Facebook, to find property seekers.\n\n\n\u201cNinety percent of real estate salespersons on Facebook are unlicensed,\u201d\u00a0\nPAREB Senior Vice President Jovencio Cainong was quoted as saying by the Philippine News Agency\n. \u201cThe continued operation of colorum agents have resulted in loss of income for the licensed real estate practitioners and poses a high risk for the buyers. Buyers are at risk of being offered fictitious properties or even with problematic titles if they transact with unlicensed agents.\u201d\n\n\nOFWs and international investors are at the highest risk of being tricked. Many scammers come across as professional making it difficult to identify unlicensed brokers digitally or over the phone. The best way is to ask the person you\u2019re speaking to provide proof they are a PRC Accredited Real Estate Salesperson. Remember, only these individuals are legally allowed to sell properties.\n\n\nWe also recommend having a locally-based attorney take a look at everything before investing. There are other scams, such as the use of a fake title, they can spot. And while it may cost extra, it\u2019s far better having peace of mind before you buy than finding out something is wrong after the fact because that will see you spend a lot more money.\n\n\nRelated:\n\u00a0\nPhilippine real estate agents join forces to protect the local property market\n\n"} {"url": "https://www.dotproperty.com.my/blog/4-things-know-thailand-property-investment-2022", "title": "4 things to know about Thailand property investment in 2022", "body": "\n\nIt is important to look at numerous factors in order to understand Thailand property investment in 2022. On one side, there are opportunities available as prices have yet to recover to pre COVID-19 levels. On the other hand, the real estate market as a whole is dealing with significant uncertainty.\n\n\nThe Bank of Thailand had predicted economic growth of 3.4 percent this year, but the Omicron outbreak could see that eventually be revised. Especially considering the reopening of tourism has been finalized just yet.\n\n\nHowever, the situation isn\u2019t all bad. Far from it, in fact. Specific developers and projects reported record sales last year and activity will continue. Here are a few things to know if you are thinking about Thailand property investment in 2022.\n\n\nRead More:\n\u00a0\nEnd users dominate the Thailand property market\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4 things to know about Thailand property investment in 2022\n\n\nUncertainty about Bangkok condo launches\n\n\nColliers International Thailand surprised many when they predicted that new condo supply launched in Greater Bangkok would grow by 28.5 percent in 2022. According to the consultancy, new launches will be driven by affordable projects in suburban locations. This would be the first increase in three years.\n\n\nHowever, sources in the Thai construction industry told Dot Property Group that they are not expecting a large increase in demand due in part to a lack of new condo launches. It remains to be seen just how this will play out over the course of 2022, but the situation bears watching.\n\n\nRead More:\n\u00a0\nThe pros and cons of buying Thailand real estate right now\n\n\nThe year of the megaproject \n\n\nWork continues on countless megaprojects across Bangkok with these driving Thailand property investment in 2022. \nSales at The Forestias, MQDC\u2019s flagship development, soared last year with the opening of the project\u2019s showroom\n. Demand for residences in the award-winning mixed-use estate is likely to carry over into this year.\n\n\nIf you have driven by One Bangkok, you will notice buildings are rapidly taking shape. While residential sales have yet to begin, they could launch sometime this year. Units have hit the market over at Dusit Central Park with CPN working on the redevelopment of the historic Dusit Thani hotel site.\n\n\nRelated:\n\u00a0\nOne Bangkok and Dusit Central Park battle for supremacy around Lumphini Park\n\n\nFinally, progress is slowly being made on Bangkok Mall which will be the largest shopping center in Southeast Asia once opened. The project is also expected to have a residential component with serviced residences the most likely option.\n\n\nCompleted projects preferred \n\n\nFor years, off plan projects dominated real estate sales in the Kingdom. That looks to be changing and Thailand property investment in 2022 will be led by completed projects. This is evident in tourist destinations, such as Phuket.\n\n\nAccording to CBRE, buyers in these areas are after ready-to-move-in properties that they can view immediately. One reason for the change in preferences is that it allows them to use the property as a safe haven should the pandemic worsen.\n\n\nDon\u2019t expect reforms \n\n\nBoth The Board of Trade of Thailand and the Real Estate Information Center urged the Thai government to improve foreign condominium ownership rules last year. Despite these calls, it remains to be seen if action is taken with \nsome proposals having already been rejected\n.\n\n\nSimplifying money transfer requirements is arguably the most pressing item on the agenda. Currently, a foreign national is required to transfer money to Thailand from overseas in their own currency. Once that is completed, the buyer must then declare or show a foreign exchange transaction certificate to the Lands Department. This is required even if the buyer owns a business in the Kingdom or is married to a Thai spouse.\n\n\nIt is extremely convoluted and an unnecessary detriment to overseas property investors. However, the government has a number of other items on its to-do list, including the launch of an improved Smart Visa for skilled overseas workers and attracting more foreign business investment. It is possible they delay condominium ownership reforms for later and opt to work on these instead.\n\n\nRelated:\n\u00a0\n4 things to know about Philippine property investment in 2022\n\n"} {"url": "https://www.dotproperty.com.my/blog/4-things-know-thailand-property-investment-2023", "title": "4 things to know about Thailand property investment in 2023", "body": "\n\nIf you\u2019re considering Thailand property investment in 2023, there are a few things you should definitely know. For starters, the economic situation in the Kingdom appears to be improving with \nthe Ministry of Finance predicting GDP growth of 3.8 percent for this year\n.\n\n\nThat is due in large part to a surging tourism sector with arrivals in 2023 expected to come in somewhere between 20 and 30 million. While still less than the 40 million visitors seen in 2019, it is certainly a far cry from the doom and gloom being forecasted by some who thought a recovery would take years.\n\n\nAs tourism goes, so too does the country\u2019s real estate market. But before you decide to buy or not, here are four things you should know about Thailand property investment in 2023.\n\n\n4 things to know about Thailand property investment in 2023\n\n\n1) Developers thinking big\n\n\nDon\u2019t call it a comeback but Thailand\u2019s top developers have made big plans for this year. \nSansiri said it intends to launch 52 new projects worth THB75 billion combined\n. The latter total would be a record for the country. Meanwhile, Supalai unveiled arrangements for 37 new project launches in 2023 while other homebuilders, including Noble Development, Frasers Property and Land & Houses, are set to bring double-digit projects to the market between now and December.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFor investors, this will obviously mean more options. More importantly, the increase in activity is a sign that most developers are truly confident in the country\u2019s economic prospects. Of course, it is vital you know the types of projects they are launching as well as what locations they are focused on.\n\n\n2) New locations heating up\n\n\nIf you haven\u2019t been to Thailand recently or don\u2019t keep tabs on the real estate scene, then some of the new hot spots may come as a bit of a surprise. However, those who follow Dot Property Group will already be in the loop. Anyway, when it comes to the Bangkok condo market, both the northern suburbs of Bang Sue, Chatuchak and Lat Phrao districts and the northeast suburban area of Suan Luang and Bang Kapi districts have graduated from up-and-coming areas to be among the city\u2019s most popular locations.\n\n\nIn the \nDot Property Group Thailand Real Estate Year in Review\n, we revealed both locations were among the top five for Bangkok condominium demand, ranking higher than traditionally popular places like the Silom CBD and the city\u2019s riverside. Both areas are going to be served by the Thai capital\u2019s ever-growing public transit system which has helped drive demand. To find out more, \nyou can download the full report here\n.\n\n\nOver in Phuket, the proliferation of luxury villas in the Bangtao/Laguna neighborhood has seen this become one of the island\u2019s most popular places to buy real estate. Developers such as Anchan, Garden Atlas and Botanica have all launched award-winning projects in recent times that appeal to both domestic and overseas buyers.\n\n\nRelated:\n\u00a0\nGarden Atlas Development Brings Amazing Villa Design To Phuket\n\n\n3) Foreign land ownership off the table\n\n\nA plan to allow foreign land ownership in Thailand was approved by the Cabinet last year, only for \nthe proposal to be pulled some two weeks later\n. Those hoping for this to be revisited shouldn\u2019t hold their breath.\n\n\nThere was talk of foreign land ownership plans being redrafted in the aftermath of the proposal being shelved with suggestions, including the establishment of clearer guidelines and a higher investment minimum. Others sought to encourage overseas investment in real estate through different measures.\n\n\nNeither idea gained traction and nothing looks likely to happen in 2023. The impending general election means major policies won\u2019t have much of a chance to be enacted. Additionally, candidates probably won\u2019t want to touch the issue given how swift the backlash against the plan to allow foreign land ownership in \nThailand\n was.\n\n\n4) Opportunities on the Eastern Seaboard\n\n\nThe Eastern Seaboard property market, led by Pattaya, is presenting investors with a number of opportunities. For instance, overseas demand for condo units is actually higher here than in Bangkok. What\u2019s more, the split in demand between domestic and foreign buyers was 55/45 percent.\n\n\nThis aligns closely with Thailand\u2019s 51/49 percent foreign ownership regulations on condominiums and highlights an important trend to emerge over the past few years. Domestic buyers continue to be active in the Pattaya condo market which wasn\u2019t necessarily the case prior to 2020.\n\n\nThe fundamental difference between the Eastern Seaboard condo market today and eight years ago is quality. At the affordable end of the market, developers have really worked hard to create desirable units people want to own. It is a far cry from back in the day when Pattaya was awash with poorly design condominiums whose only main selling point was being cheap. Additionally, a few high-end projects are popping up in Pattaya which has added much needed diversity to the local market.\n\n\nAssuming the next government continues to focus on the Eastern Economic Corridor as a hub for foreign business, there is strong reason to believe the Eastern Seaboard property market renaissance will continue.\n\n\nRelated:\n\u00a0\nThis Feng Shui designed condo offers a 5-star lifestyle in Pattaya for only THB2.59 million\n\n"} {"url": "https://www.dotproperty.com.my/blog/4-things-must-get-security-deposit-back-southeast-asia", "title": "4 things you MUST do to get your security deposit back in Malaysia", "body": "\n\n\n\nThe most nerve-racking aspect of moving out has to be getting the security deposit back. While some landlords are honest and forthright during the process, others are looking for any little reason to deduct from your deposit. There are countless horror stories about landlords refusing to return a security deposit for the most minuscule of reasons.\n\n\nCondominiums tend to have the worst fights over security deposits. That\u2019s because many condominium landlords are simply property investors who don\u2019t know any better. They want to keep as much money as possible and can be annoyed the tenant is leaving.\n\n\nHere are the four things you must do to get your security deposit back in Southeast Asia. We can\u2019t promise you that these will work, but they will help you in your quest.\n\n\n1) Check for charges\n\n\nSome lease contracts have built in agreements that state you must pay for certain cleaning services upon moving out. These can\u2019t be avoided if you signed the contract. However, a landlord may not take the service charges out of your security deposit if you did not agree to them in the contract.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n2) Leave no stone unturned when cleaning\n\n\nThe most common trick landlords use to withhold a security deposit is finding an area you didn\u2019t clean. The inside of cabinets, behind doors and underneath sinks are a few of the places they will check first. If you truly want your security deposit back, you have to clean every millimetre of your unit, not just the visible areas.\n\n\n3) Notify the landlord of issues before moving out\n\n\nA lot of people will have a small issue in their home and never bother telling their landlord about it. Something tiny like a loose door hinge or nicked countertop may not seem like a big deal, but are the types of things landlords will look for during their final inspection. It is better to tell them about these issues as soon as they happen as opposed to waiting until it\u2019s time to move out.\n\n\n4) Keep your deposit receipt\n\n\nOne common trick among nefarious landlords is to try to return a lesser sum than what your security deposit was knowing most renters won\u2019t keep their receipt. In order to avoid a he said/she said argument, make sure to get a receipt when paying your security deposit and store it in a safe place until it is time to move out.\n\n\nReady to move out of your current place? \nStart your search for a new home today!\n\n"} {"url": "https://www.dotproperty.com.my/blog/4-tile-trends-not-to-be-missed", "title": "4 tile trends not to be missed", "body": "\n\n\n\nRevamp your kitchen or bathroom with one of these tiles trends of the year.\u00a0\n\n\nIf you are hoping to \nincrease the value of your home\n or even if you just fancy a bit of a change, then why not look at changing the tiles in your bathroom or kitchen? This is one way to give your room a fresh new look without having to opt for a complete remodel.\n\n\n(For more ways to inject some new personality into your bathroom check out Dot Property\u2019s online blog \nhere\n).\n\n\n1. Go bold.\n\n\nLong gone are the days where a plain white tile with white grouting will do. So pick a bright colour that will accentuate the room. The best way to achieve this is to choose a block colour and to team it will a plain shaped tile such as the popular brick style tile. You want to avoid a complete overkill so remember to consider your existing features in that room as you want your new tiles to match. Pick an orange to bring some sunshine into the room or a deep navy for an air of sophistication.\n\n\n2. Choose an interesting shape.\n\n\nTiles no longer come in just square and rectangle shapes. They also come in hexagons and octagons. If you want to bring your property up to date but aren\u2019t feeling particularly brave, then go for a tile with an interesting shape and that can be the exciting feature. You will need to make sure that you pick a contrasting coloured grout to highlight the shape of the tile, for example a dark grey if you have a white tile.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n3. Pick a patterned tile.\n\n\nTiles that are adorned with patterns are often reminiscent of the\u00a0Mediterranean. They bring brightness to a room and create softness especially in a kitchen where there are lots of straight lines. Don\u2019t overdo the patterned look though as it will create a very different look. Just opt for one wall or space for a real impact.\n\n\n4. Opt for an exciting layout.\n\n\nTiles used to be either applied in a horizontal or vertical fashion. However this has all changed particularly with the popularity of a brick style tile that is very fashionable at present. However take this one step further and opt to have your tiles in a herringbone layout. The beauty of this is that you can really jazz up a cheaper plain tile without having to splash out on an expensive one.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/4-tips-help-buy-property-right-now", "title": "4 tips to help you buy property right now", "body": "\n\nIt can make sense to buy property right now\n\n\nIt\u2019s natural instinct to delay big spending decisions during times of economic uncertainty. It makes sense on the surface but could actually cost you in the long run. Sellers are more willing to make a deal now and home prices will begin to recover in the coming months.\n\n\nOf course, you can\u2019t simply make a low-ball offer and expect to get the property you\u2019re after. Here are four tips to help you buy property right now.\n\n\nBuy property right now with these tips\n\n\n1) Get the seller to pay all fees\n\n\nThe first thing you should do is find out what fees the seller is willing to pay. Many developers have agreed to pay all fees for off-plan homes, but this may not be the case for resale properties. If a seller isn\u2019t willing to cover all these, think about walking away from negotiations to see if they change their mind.\n\n\nSee more\n: \nWhat to know when negotiating a property deal\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n2) Understand real value\n\n\nProperty sellers will try to justify asking prices by telling you about all kinds of value a property has. In theory, this is true. But there is a difference between a project having a nice swimming pool and being in a location where home values will increase.\n\n\nSeparate the real value of a property with those superficial ones when it comes time to negotiate. If the development you\u2019re interested in is being built close to a public transportation hub, that\u2019s a real value. So too are unique amenities such as golf simulators or onsen spas. On the flipside, common items, such as a workout room, are not real values.\n\n\n3) Know why you\u2019re buying and how its impacted by the current situation\n\n\nChances are, you know the answer to the first question, but are less certain regarding the latter. And that\u2019s okay. We know the real estate market is historically resilient, so recovery is a matter of if, not when. However, some real estate developers are actively finding ways to support buyers at the moment.\n\n\nFor example, some developers selling resort properties with guaranteed rental returns are reworking those programs in light of tourism restrictions. In some cities, \ndevelopers are offering to make mortgage payments for two years in order to entice buyers\n. Offers like these provide you with more confidence knowing the short-term situation won\u2019t impact your long-term property buying decision.\n\n\n4) Look for special sales\n\n\nThere are some amazing sales happening now, you just have to know when and where to look. In Thailand, the \nDot Property Black Friday Sale\n is set for June 19 with up to 30 of the Kingdom\u2019s leading property developers offering once in a lifetime deals for 12-hours only. It promises to be Thailand\u2019s biggest online property sales event.\n\n\nClick here to reserve the best discounts on Thailand property\n\n"} {"url": "https://www.dotproperty.com.my/blog/4-tips-help-get-best-price-real-estate-negotiations", "title": "4 tips to help you get the best price during real estate negotiations", "body": "\n\nGetting the best price during real estate negotiations isn't always easy\n\n\nGetting the best price during real estate negotiations doesn\u2019t have to be a painful process. In fact, it can be a very hands-off affair if you hire the right real estate agent. The key is knowing what to do and when to do it.\n\n\nThere are two important things you should note. First, don\u2019t take things personally. This is about getting the best price during real estate negotiations, not making new friends. Second, you should have an idea of what is acceptable regarding terms before starting any negotiation. This will ensure you can reach a positive result.\n\n\nRead more:\n \nIs allowing pets in your rental property a good idea\n\n\nTips to help you get the best price during real estate negotiations\n\n\n1) Let your real estate agent do the heavy lifting\n\n\nUnless you like negotiations or are good at them, you don\u2019t really need to be involved with much of this process. Your real estate agent is more than capable of fighting to get you the best possible deal. A lot of buyers end up costing themselves money by being in the room. That\u2019s because they either give away just how much they like the property or are afraid to drive hard bargain.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n2) Respond quickly\n\n\nIf a seller names a price or gets back to you with a counteroffer, respond as soon as possible. The more time you take allows them to field other offers from potential buyers. You don\u2019t need to get back to them right away, but you can lose the upper hand in a negotiation if it takes weeks to respond.\n\n\n3) Don\u2019t put all your eggs in one basket\n\n\nYou have no idea how negotiations will play out. It is vital you keep your options open or at least appear to be doing so. Failing to do this allows the seller to negotiate from a position of strength since you don\u2019t have any backup plans.\n\n\n4) Walk away and let the seller come back to you\n\n\nIf you really want to get the best price during real estate negotiations, sometimes it pays to walk away. If the process has reached a standstill where no progress is being made on a deal, stepping away from the table may be a way to break the deadlock.\n\n\nThis is risky and it is a strategy you need to discuss with your real estate agent beforehand. Some sellers may not come back, especially if they have other offers out there. However, those serious about selling and without other buyers will likely return willing to negotiate.\n\n"} {"url": "https://www.dotproperty.com.my/blog/4-unique-condominium-developments-philippines", "title": "4 of the most unique condominium developments in the Philippines", "body": "\n\nSome residential projects are just built differently. And no, we\u2019re not talking about the construction process or materials. The most unique condominium developments in the Philippines are creative, bold and, quite frankly, pretty cool. Several developers haven\u2019t been afraid to think way outside the box.\n\n\nFrom the first project in the country to feature interior design by Versace to residences set admits pine trees, the most unique condominium developments in the Philippines have certainly broke the mold. There is literally nothing quite like these places to call home.\n\n\nWith this mind, let\u2019s checkout four of the most unique condominium developments in the Philippines.\n\n\nExplore the most unique condominium developments in the Philippines\n\n\nLiving in a green haven\n\n\nPine Suites Tagaytay\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhat makes it unique:\n The lush, green pine trees and natural motif\n\n\nPine Suites Tagaytay features a lot of trees and nature\n\n\nSpending a lot of time in America\u2019s Pacific Northwest has provided me with a great appreciation of nature. Developer COHO has done an exceptional job of capturing that sprit at Pine Suites Tagaytay. The low-density residential development is a cozy retreat where you can enjoy the beautiful green surroundings.\n\n\nThe grounds feature pines trees which is not surprising given its name. There is also a quant lobby with a design inspired by log cabins. You don\u2019t see many of those in the Philippines. Meanwhile, the spacious units at Pine Suites Tagaytay are equipped with a balcony allowing you to enjoy the cool Tagaytay breeze.\n\n\nClick here for additional information\n\n\nEvery day is a holiday\n\n\nThe Residences at The Westin Manila Sonata Place\n\n\nWhat makes it unique:\n The hotel experience\n\n\nThe Residences at The Westin Manila Sonata Place is one of many hotel-branded residences now found in the Philippines\n\n\nThe Residences at The Westin Manila Sonata Place is the first Westin-branded residences in Southeast Asia. It was among the first branded residences to be launched in the Philippines and promised an experience unlike anything currently available in the country. That starts with the Westin experience. Everything from the brand\u2019s famed Heavenly\u00ae Beds to the signature services of the RunWESTIN\u2122 concierge are offered.\n\n\nThe property stands 50-storeys tall and contains a total of 344 private residences with one- to three-bedroom units and penthouses all available. Located in the lifestyle hub of Ortigas Center, those living here will have easy access to shopping malls with Robinsons Galleria, Shangri-La Mall and SM Megamall all nearby.\u00a0\nThere are a few homes in The Residences at The Westin Manila Sonata Place currently on the market\n.\n\n\nClick here for additional information\n\n\nJapanese-inspired design\n\n\nThe Seasons Residences\n\n\nWhat makes it unique:\n The best of Japan is at your fingertips\n\n\nThe Seasons Residences is the latest Japanese-inspired condominium to be launched in Metro Manila\n\n\nSituated in Bonifacio Global City, Japan-based developers Nomura Real Estate Development and Isetan Mitsukoshi Holdings are partnering with Federal Land on the project. The joint-venture trio has selected Nikken Sekkei to oversee the architecture, urban planning and design of The Seasons Residences.\n\n\n\u201cWe wanted to bring Japanese design and lifestyle to the Philippines. But rather than building something that was wholly Japanese we brought the concept of Japanese living to the Philippines. A place that has the high quality and attention to detail of Japanese design but where both a Japanese and a Filipino will feel at home,\u201d\u00a0\nMasakazu Kimura, Head of Global Design at Nikken Sekkei, told the Philippine Inquirer\n.\n\n\nIn addition to the bespoke residences and luxurious amenities, the four-tower condominium will be anchored by first Mitsukoshi mall in the Philippines.\n\n\nClick here for additional information\n\n\nA designer experience\n\n\nMilano Residences\n\n\nWhat makes it unique:\n The Versace home d\u00e9cor\n\n\nThe Milano Residences boast design from Versace Home\n\n\nMilano Residences spare no expense when it comes to details. Those who purchased their units via pre-selling were able to acquire fully furnished homes featuring Versace Home Design interiors. The project was actually the first luxury residential development in Asia to feature interior design by Versace Home.\n\n\nThe entire project looks as if it came straight from the Milan runway with sleek common areas and even a designer swimming pool that was inspired by Versace as well. Milano Residences may not be everyone\u2019s proverbial cup of tea but there is no doubting the fact the 50-storey Makati property took Manila luxury condos to the next level.\n\n\nClick here for more information\n\n"} {"url": "https://www.dotproperty.com.my/blog/4-ways-can-start-spring-cleaning", "title": "4 ways you can start your spring cleaning", "body": "\n\nIf you have some extra time, why not do a little spring cleaning?\n\n\nChances are you have found yourself with some free time on your hands. And while binge watching Netflix and scouring over menus on food delivery service websites is fun, you can also be productive during this time. Why not partake in a little spring cleaning?\n\n\nPerhaps the biggest obstacle facing most people when it comes to spring cleaning is picking a place to start. It\u2019s understandable. The first step of a journey is always the most difficult. That\u2019s why we\u2019ve put together four ways you can get started with spring cleaning.\n\n\n1) Start in the bedroom\n\n\nThere is no bad place to start your spring cleaning. One way to get the ball rolling by starting in bedroom. This is especially good for families since everyone can hit the ground running in their individual room and then come together in the other parts of the house. All this being said, there is no real benefit or downside to starting in the bedroom.\n\n\n2) Start at the front door\n\n\nIf you live in a studio or smaller condominium unit, it may make sense to start from your front door and end at the balcony or window. It is easy to keep track of progress this way and helps you avoid messing up areas you already cleaned.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n3) Start outside\n\n\nStarting outside is the way to go if you live in a house with a yard or garage. This is more a mental thing than having any practical benefits. A lot of people will clean the inside of the house and then forget that the outside areas also need to be spruced up since they don\u2019t actually see them while cleaning. This doesn\u2019t happen if you start outside and then move indoors.\n\n\n4) Start high, finish low\n\n\nThere are some condos that collect a lot of dust for whatever reason. If this sounds like your residence, starting spring cleaning high and finishing with the floor might be the best strategy. Basically, begin with the ceiling and work your way down so all the dust and dirt winds up on the floor where you can sweep and mop it away. Obviously, this isn\u2019t the way to go if you have carpets.\n\n"} {"url": "https://www.dotproperty.com.my/blog/45-winners-honoured-dot-property-southeast-asia-awards-2019-final", "title": "More than 45 winners honoured at the Dot Property Southeast Asia Awards 2019", "body": "\n\nBANGKOK, Thailand\n \u2013 It was a celebration unlike any other as more than 200 of real estate\u2019s best and brightest were in attendance at the Dot Property Southeast Asia Awards 2019 presentation ceremony Hosted in Bangkok. Nearly 50 awards were presented on the evening with winners hailing from Vietnam, the Philippines, Thailand, Malaysia, Indonesia and Singapore.\n\n\nPark Hyatt Bangkok served as the ideal backdrop for the ceremony. Evening highlights included the awarding of the very first People\u2019s Choice Award for Project of the Year Southeast Asia, which was won by Bangkok condominium BEATNIQ from Thai developer SC Asset. The award was voted on exclusively by the public who were impressed with BEATNIQ\u2019s quality.\n\n\nThe night\u2019s biggest honour was Developer of the Year 2019 with several developers vying for the title. The prestigious award was presented to Vietnam\u2019s Novaland Group. It was one of two awards won by Novaland on the night.\n\n\nIn the developer categories, Nam Group from Vietnam took home the award for Breakthrough Developer while Thailand-based The One Estate won Best Boutique Developer. Cam Lam from Vietnam was another multi-award winner, securing Best Lifestyle Developer in addition to Best Beachfront Resort Development.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDeveloper of the Year 2019\n\n\nNovaland Group\n\n\nMr Nguyen Duc Dung, Project Finance Director, Novaland Group (centre) accepts the Developer of the Year 2019 award from Adam Sutcliffe, Dot Property Director Events and International Markets (far left); Mr Ngoc Bui Head of Business Vietnam Development (2nd from left); Matthew Campbell, Dot Property CEO (2nd from right); James Claassen, Dot Property Commercial Director (far right)\n\n\nPeople\u2019s Choice Award for Project of the Year Southeast Asia\n\n\nBEATNIQ from SC Asset\n\n\nDot Property Southeast Asia Awards 2019 developer winners:\n\n\nBest Innovative Developer \u2013 New Nordic Group\n\n\nBest Serviced Office Provider \u2013 PAX SKY\n\n\nBest Innovation and Technology \u2013 Sunshine Group\n\n\nBest Lifestyle Developer \u2013 Cam Lam Invest Company Limited\n\n\nBest Developer CSR \u2013 New Nordic Group\n\n\nBreakthrough Developer \u2013 Nam Group\n\n\nBest Boutique Developer \u2013 The One Estate Development Company Limited\n\n\nBest Innovative Investment Product \u2013 New Nordic Group\n\n\nIn the residential project categories, SC Asset scored its second win as Best Luxury High Rise Condominium went to 28 Chidlom. Meanwhile, Philippine developer Grand Land garnered Best Mid Range Condominium Development for Amani Grand Citygate Davao and Anchan Hills in Phuket from Pearl Island Property won Best Luxury Villa Development.\n\n\nDot Property Southeast Asia Awards 2019 project winners (residential categories):\n\n\nBest Beachfront Luxury Resort Villa Development \u2013 Malibu Hoi An\n\n\nBest Beachfront Condominium \u2013 Grand Florida Beachfront Condo Resort Pattaya\n\n\nBest Low Rise Resort Condominium \u2013 Carapace Huahin-Khaotao\n\n\nBest Resort Residence \u2013 Melia Phuket Karon Residences\n\n\nBest Mid Range Condominium Development \u2013 Amani Grand Citygate Davao\n\n\nBest Luxury High Rise Condominium \u2013 28 Chidlom\n\n\nBest Affordable Condominium \u2013 Mantra Beach Condominium\n\n\nBest Condotel Development \u2013 Wynhdam Garden Irin Bangsaray Pattaya\n\n\nBest Housing Development \u2013 Stella Mega City\n\n\nBest Luxury Villa Development \u2013 Anchan Hills\n\n\nKhun Prayongyut Itthiratchai, Deputy Chief Operating Officer-Property Development-High Rise (3rd from right) and the SC Asset team celebrate with Mr James Claassen, Dot Property Commercial Director (far right); Mr Matthew Campbell, Dot Property CEO (2nd from right); Mr Adam Sutcliffe, Dot Property Director Events and International Markets (far left)\n\n\nIn the real estate project categories featuring green, tourism, retail, township and other developments,\u00a0Jewel Changi Airport claimed Best Landmark Destination as well as Best Retail Development with the new addition to Singapore\u2019s Changi Airport proving to be a hit. The outstanding Whizdom The Forestias from Thai \u2013developer MQDC earned Best Green Development while the forward thinking MNC Smart City in Indonesia won Best Smart City.\n\n\nDot Property Southeast Asia Awards 2019 project winners (green, tourism, retail, township and other categories):\n\n\nBest Beachfront Township Development \u2013 AE Charming Cua Tung Beach And Resort\n\n\nBest Sustainable Development \u2013 Stella Mega City\n\n\nBest Smart City \u2013 MNC Smart City\n\n\nBest Beachfront Resort Development \u2013 Cam Ranh Bay Hotels and Resorts\n\n\nBest Integrated Development \u2013 Tun Razak Exchange\n\n\nBest Retail Development \u2013 Jewel Changi Airport\n\n\nBest Green Development \u2013 Whizdom The Forestias\n\n\nBest Innovative Complex Development \u2013 Thanh Long Bay\n\n\nBest Urban Lifestyle Development \u2013 BelHomes Hai Phong\n\n\nBest Entertainment and Tourism Complex \u2013 NovaWorld Phan Thiet\n\n\nBest Township Development \u2013 Gold Residences\n\n\nBest Transit Oriented Development \u2013 KL Eco City\n\n\nBest Landmark Destination \u2013 Jewel Changi Airport\n\n\nMalibu Hoi An from Bamboo Capital won Best Luxury Condotel Architectural Design along with Best Beachfront Luxury Resort Villa Development. Finko International Design Alliance had its work on ARENA Cam Ranh rewarded with the Best Hotel Architectural Design award. Other design winners included Wynhdam Garden Irin Bangsaray Pattaya and Carapace Huahin-Khaotao.\n\n\nDot Property Southeast Asia Awards 2019 design winners:\n\n\nBest Hotel Architectural Design \u2013 ARENA Cam Ranh\n\n\nBest Condotel Interior Design \u2013 Wynhdam Garden Irin Bangsaray Pattaya\n\n\nBest Resort Architectural Design \u2013 Cam Ranh Bay Hotels and Resorts\n\n\nBest Condotel Architectural Design \u2013 Carapace Huahin-Khaotao\n\n\nBest Luxury Condotel Architectural Design \u2013 Malibu Hoi An\n\n\nThe event also saw winners of Southeast Asia\u2019s Best Real Estate Agencies 2019 announced. A total of nine agencies were included in this year\u2019s class of winners.\n\n\nFull list of Southeast Asia\u2019s Best Real Estate Agencies 2019\n\n\nBridge Estate (Thailand)\n\n\nDat Xanh Mien Nam (Vietnam)\n\n\nSantos Knight Frank (the Philippines)\n\n\nSavills Thailand (Thailand)\n\n\nHutton Real Estate\u00a0 (Singapore)\n\n\nReapfield (Malaysia)\n\n\nCushman & Wakefield (Indonesia)\n\n\nDKRA Vietnam (Vietnam)\n\n\nVR Global Property (Thailand)\n\n\nThe Dot Property Southeast Asia Awards 2019 presentation ceremony was followed by the exclusive Winners Party at Penthouse, Park Hyatt Bangkok\u2019s amazing rooftop venue.\n\n\n\u201cCongratulations to all the winners of the Dot Property Southeast Asia Awards 2019. Their hard work and dedication to being the best at the regional level deserves this recognition,\u201dAdam Sutcliffe, Dot Property Director, Events and International Markets, says. \u201cThe Dot Property Southeast Asia Awards 2019 presentation ceremony and Winners Party was an event unlike anything the industry has ever seen. We\u2019re delighted so many industry leaders from throughout Southeast Asia were here to join us for an amazing night.\u201d\n\n\nSponsors of the Dot Property Southeast Asia Awards 2019 include Leading Real Estate Companies of the World\u00ae and Wearnes Automotive who provided VIP transportation services for select guests.\n\n\nNow in its fourth year, the Dot Property Southeast Asia Awards recognises the best in regional real estate, honouring the leading developers, projects and companies that contribute to the sector. It is part of the Dot Property Award Series which honoured more than 100 winners across the region in 2019.\n\n"} {"url": "https://www.dotproperty.com.my/blog/5-cheats-to-upgrade-your-kitchen-on-the-cheap", "title": "5 cheats to upgrade your kitchen on the cheap", "body": "\n\n\n\nDon\u2019t put off upgrading your kitchen with these simple hacks.\u00a0\n\n\nLooking to upgrade your kitchen but don\u2019t fancy a complete refurbishment? Easy, consider one of our cheats to transform your kitchen on a budget and quickly too. It will also \nadd value to your property\n\u00a0as many prospective purchasers and tenants look at the kitchen and \nbathrooms\n when considering a property.\n\n\n1. Fit new unit handles.\n\n\nThis small change will instantly bring your kitchen on trend. Styles date quickly so opt for brushed or matt metals rather than wood. Minimalist designs or anything slick to create a more modern feel.\n\n\n2. Splash out on a new tap.\n\n\nAn expensive looking tap can quickly become the centre piece of a kitchen. So it is worth investing in one that not only looks good but also has exciting features such as a pull out hose. Go one step further and choose one in a copper or another matt metal provided that it fits with the rest of your fixtures and fittings.\n\n\n3. Invest in a new splashback.\n\n\nInvest in some new tiles for your splashback. Brick style is popular, pick white and opt for a dark grey grout for a really contemporary style. Alternatively consider a glass splashback in a block colour rather or even one of \nthis year\u2019s exciting new tile trends\n\u00a0instead.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4. Just add paint.\n\n\nA fresh coat of paint goes a long way. It will hide any cooking stains and instantly brightens the place up. You could even think about \ncreating a feature wall\n if you have space. Pick modern colours such as an off white grey and steer away from dated creams and magnolias.\n\n\n5. Fit new lighting.\n\n\nIf your kitchen is dimly lit or lack natural light invest in some new lighting. Spotlights are a popular choice as they are easy to maintain plus look modern and tidy. Fit a stylish ceiling lamp over the dining table if you have room and consider the type of bulbs you use. Warm white light bulbs are more calming but if you are a keen cook then maybe a cool white for a brighter look is for you.\n\n"} {"url": "https://www.dotproperty.com.my/blog/5-easy-ways-make-balcony-look-stylish", "title": "5 Easy Ways To Make Your Balcony Look Stylish", "body": "\n\n\n\nNothing beats a Sunday afternoon of lounging lazily on your balcony while sipping a cup of tea and reading a good book. But if your balcony is not in good shape these days it might be time to fix it up. Don\u2019t worry if the space is too small, the view is not inviting or you simply can\u2019t decide on what you should do with it. There are plenty of ways to make your balcony look stylish without breaking a sweat. These are some of the easiest ways in which you can revamp your balcony into something to be proud of.\n\n\nDecide its role\n\n\nDecide first on the function of your balcony before starting the makeover. A balcony can be a functional space with just a few minor adjustments. You can transform it into a reading nook, a relaxed workspace or a visitor\u2019s lounge. The design of your balcony should complement its desired function.\n\n\nDon\u2019t be afraid to go vertical\n\n\nHave a small balcony? Just simply make use of the vertical space available. Hang potted plants on the railings or on the side of the wall. Put a stylish wooden ladder in the corner where you can add other trinkets and embellishments that you desire.\n\n\nAdd lights\n\n\nYour balcony can go from being drab to romantic by simply adding lights. Cover your railings with dim fairy lights for a warm glow during the nighttime. For a cosier ambiance, try using scented candles. Don\u2019t forget to use mason jars or lamp holders to cover candles. This is done to avoid fires.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSeating situation\n\n\nBig chairs might consume too much space on your balcony. Create a space to sit on by putting together a cosy combination of a rug and some throw pillows. Wooden crates can also help as makeshift chairs. If you want something more relaxing, you can choose to install a hammock. It\u2019s possible to create one by using an old bed sheet and throw pillows if you don\u2019t want to invest in a new one.\n\n\nAdd some furnishings\n\n\nDon\u2019t be afraid to put furniture on your balcony if you have a little more space. An L-shaped sofa placed at the corner of your balcony can easily make more room for other furniture. Small side tables decorated with a potted plant or a rug underneath can also add to the balcony\u2019s appearance.\n\n\nLooking to rent a nice condo with a balcony in Kuala Lumpur? \nYou can find thousands of listings here at Dot Property Malaysia\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/5-small-condominium-interior-design-tips", "title": "5 small condominium interior design tips", "body": "\n\n\n\nMany of us live in a studio or one-bedroom condominium unit that can feel a bit small at times. It also limits the design options available. Large couches, dining room tables and other oversized pieces can be difficult to fit in a residence that is 35 square metres or less. With that in mind, we have come up with several small condominium interior design tips that will bring extra style to your home. After all, size shouldn\u2019t matter when it comes to making your home look great.\n\n\n5 small condominium interior design tips\n\n\n1) Hide your bed\n\n\nHiding your bed is one of the easiest ways to create a different look in your studio or one-bedroom condominium unit. Doing this creates two distinct areas that can be decorated differently. It also makes a place seem larger than it really is. How you separate the bed from the rest of the room is a decision for you to make.\n\n\nSome opt to use a large bookcase or curtains to create a division between the sleeping area and other parts of a home. A shoji, the traditional Japanese room divider, is a smart choice if you want a more minimalist look.\n\n\n2) Treat your home\n\n\nIt\u2019s understandable that you may not want to splurge on every single decoration in your home. However, it is good to pick a couple of items you can be proud of. Some people like to treat themselves to luxury bedding while others opt for a conversation piece such as a vintage lamp.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAs long as it fits within the theme of your place, don\u2019t be afraid to go big. Chances are the item will be something you use to decorate your next home as well so don\u2019t feel as if it is a waste of money.\n\n\nSee more:\n \nLuxury bedding has its benefits\n\n\n3) Clutter-free is the way to be\n\n\nClutter is the enemy of those living in a studio or one-bedroom condominium unit. It can take what space you do have and make it disappear. If you don\u2019t want to be overrun by clutter, create storage spaces for everything and then use them. In most cases, clutter builds up because items aren\u2019t put back in storage, not due to a lack of space.\n\n\n4) Embrace the light\n\n\nUtilising natural light is one of the best ways to make a small condominium feel larger than it is. Don\u2019t block windows that can bring in natural light. Even if you only have one or two windows, you can place mirrors on the walls to reflect light from the windows and increase its reach.\n\n\nSee more:\n \nCreate the ultimate hotel-inspired bathroom in your home\n\n\n5) Represent your colours\n\n\nNo article on small condominium interior design tips would be complete without mentioning colours. When you have a larger home, it is easy to mix-and-match colours throughout it. There is almost always enough space to ensure it doesn\u2019t feel overwhelming. However, not having a clearly defined colour palette in a smaller residence is disorienting and looks tacky more often than not.\n\n\nIt is important to pick the two or three colours you want and then own these. From the walls to the furniture, make sure everything matches to set the ideal tone for your home.\n\n"} {"url": "https://www.dotproperty.com.my/blog/5-things-know-negotiating-cheaper-home-prices", "title": "5 things to know when negotiating cheaper home prices", "body": "\n\n\n\nWhether you are working with an agent, a developer or a private seller, there is usually a chance for negotiating cheaper home prices. There is no reason to feel guilty about it. It\u2019s all part of the process.\n\n\nThat being said, there are some tips and tricks when negotiating cheaper home prices you might want to remember. They may not always work, but if you\u2019re lucky, you will save yourself some money.\n\n\nThings to know when negotiating cheaper home prices\n\n\n1) What is negotiating?\n\n\nBefore you can start, you\u2019ll want to know what negotiating is. A negotiation is a two-party discussion that leads to an agreement. Both you and the seller must be satisfied with the deal for it to work. There are many different negotiation tactics. Study up on these and select the one that works best for you.\n\n\n2) There are other ways to save money\n\n\nA lot buyers negotiating cheaper home prices end up focusing on the final price. There is a lot more to buying a home than simply the final cost. If the seller isn\u2019t coming down from his or her asking price, focus on getting them to pay fees related to the sale or insist that furniture comes included. This can be just as valuable as trying to drive down the price.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n3) Mind the price\n\n\nYou don\u2019t want to waste your time looking at properties that are way out of your price range. Most sellers are willing to accept less than their asking price. However, almost no one is willing to take 50 percent less than what they are looking for. In most cases, these types of negotiations will go nowhere.\n\n\n4) Stay confident\n\n\nA confident, positive attitude is important when negotiating. You want to be stern but non-threatening. You should believe your offer is fair, even if it is less than the asking price. The art of negotiation is much like a dance. You are much more likely to find a dance partner if you\u2019re confident.\n\n\n5) Patience pays off\n\n\nHome sales do not take place over the span of a day or two unless the location is in high demand. Those negotiating cheaper home prices should not get discouraged if the seller remains firm on their price at first. Stay in touch and see how the process unfolds. You will usually find them more willing to negotiate after the property has been on the market for a few weeks.\n\n\nClick here to find your next property\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/5-tips-on-finding-a-good-location", "title": "4 tips on finding a good location", "body": "\n\n\n\nPick a property with a good location by using these simple pointers.\u00a0\u00a0\n\n\nInvesting in a property is probably one of the biggest purchases you will make. Therefore it is wise to do your homework to make sure your investment is a sound one. This applies to whether you are planning to live in the property yourself or if you intend to \nrent it out.\n\u00a0One way to ensure that your investment is a sound one is to find the best possible location. Even better still to pick a prime location. That way you can be sure that your property will be in demand and \nincrease in value.\n\u00a0But what is a\u00a0good location? Well, this will vary for every buyer and will depend on their personal situation.\n\n\n1. List your priorities.\n\n\nIf the property is for yourself compile a list of the places that you want to be close to and then prioritise these. You may find that you don\u2019t mind a commute to work and you would rather this than a long journey home after a night out in your favourite nightlife area.\u00a0Or you may be fed up of the school run and prefer to live closer to where your children go to school even if that means you need to travel further to restaurants and entertainment. Everyone has different things that are important to them so make sure that you remember what will make your day-to-day life easier when looking for a new property to buy. Likewise for a buy-to-let property consider your audience. If you are thinking of buying a one bedroom unit in Kuala Lumpur then this would suit a young professional who will want to be close to work as well as all the action.\n\n\n2. Plan for the future.\n\n\nMoving can be a costly exercise once you have factored in fees, taxes and removal costs. So if you are planning on extending your family or you know that your company is moving location in a couple of years, factor these into your desired location too. Likewise if you know which school your children are going to, you may want to consider moving closer to it now to avoid two moves. Make your home future proof.\n\n\n3. Seek out infrastructure and developments.\n\n\nBeing close to mass transit networks will appeal to a wide market. It will be a drawing factor if you intend to let the property out and when you come to sell it in the future. It will also make your day-to-day life easier if you are near your preferred method of transportation. Likewise are there any plans for new amenities or the extensions for the mass transit network? One of the best ways to generate capital appreciation in your property is to purchase property before the infrastructure is in place. To achieve this you will need to be one step ahead of the game to be astute to any future developments that might be on the cards.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4. Consider the outlook.\n\n\nIf you are purchasing a unit in a condominium then there will be some with better views than others. Usually the higher in the condominium the better. This is exactly why penthouses are at the top. But there are other factors to consider too. Is the view straight into another building? Is the property south facing so constantly hot due to the sun pouring in? Are you overlooking an empty site that is prime for development? If so, this could welcome a lot of noise in the future. Or even is the unit located next to a noisy lift meaning you are disturbed every time it is used. Consider the location in the building too as you are likely to find that there is one side you prefer over another.\n\n"} {"url": "https://www.dotproperty.com.my/blog/5-underrated-beach-destinations-southeast-asia-can-buy-property", "title": "5 underrated beach destinations in Southeast Asia (And where you can buy property)", "body": "\n\nWith many countries across the world making plans to reopen travel, people have already begun thinking about the places they wish to visit after nearly two years of being cooped up. And while there is nothing wrong with the usual spots, the most underrated beach destinations in Southeast Asia offer truly unique experiences.\n\n\nLook, this is no disrespect to places like Phuket and Bali which are wonderful in their own right. But those wanting something new or different would be wise to explore the opportunities on this list.\n\n\nOne thing to note about what we mean by underrated. The focus here is on locations that are reasonably accessible but don\u2019t always receive the attention or traffic they deserve. We chose beach destinations where there are developed amenities and infrastructure.\n\n\nWithout further ado, here are five underrated beach destinations in Southeast Asia and a look at buying property in each location. Because once you visit, you may never want to leave.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAlso Interesting:\n\u00a0\nA look at breweries in Asia with property development ambitions\n\n\n5 underrated beach destinations in Southeast Asia\n\n\nLombok\n\n\nLombok\u2019s amazing beaches are popular with everyone who has visited\n\n\nIt\u2019s only a matter of time before Lombok is no longer considered one of the most underrated beach destinations in Southeast Asia. Anyone who has ever visited speaks glowingly of the island\u2019s pristine beaches, laidback lifestyle and unspoiled beauty.\n\n\nThe Indonesian government has worked to promote the island over the past decade while carrying out work on key infrastructure projects, including the international airport. These days there are now direct connections to Singapore, Perth and Kuala Lumpur from Lombok. There are also numerous flights between Bali and Lombok.\n\n\nHowever you get there, a seemingly endless supply of white sand beaches featuring sparkling, bluish green waters awaits. What more could possibly want?\n\n\nRelated:\n \nLombok\u2019s future remains bright as more people look to enjoy its unrivaled island lifestyle\n\n\nWhere to buy property in Lombok?\n\n\nVillas are all the rage in Lombok and these come in various shapes and sizes. One of the most unique projects comes from \nSingapore-based developer Selo Group who launched a collection of Luxury Surf Villas\n. Located next to the developer\u2019s Selong Selo Resort, this collection of 20 exclusive residences has been carefully designed for surfing enthusiasts.\n\n\nBang Saray\n\n\nBang Saray is known for both its beautiful beach and laidback lifestyle\n\n\nBang Saray has become one of Thailand\u2019s best-kept secrets. Situated along the country\u2019s Eastern Seaboard, it is a seaside destination boasting pristine beaches and a relaxing ambiance with that quaint, community feel people love. The town\u2019s humble beginnings as a small fishing village are still evident to this day.\n\n\nSituated just 90 minutes from Bangkok and 20 minutes from the resort city of Pattaya, Bang Saray is easily accessible. Additionally, all of the conveniences and entertainment options of the Eastern Seaboard are nearby but the town itself retains a peaceful charm.\n\n\nWhere to buy property in Bang Saray?\n\n\nSisaran Group is the leading developer in Bang Saray. \nThe firm focuses on lifestyle to create resort condominiums that connect with buyers while providing strong return\ns. One of the homebuilders most notable projects is \nECOndo Bang Saray\n.\n\n\nThe boutique condominium boasts a sleek, environmentally friendly design with units specially created to reduce the negative impact inhabitants have on the environment. This is paired with healthy features, such as low-density living spaces that offer tranquility and exclusivity. Meanwhile, forward-thinking amenities like a co-working space ensure the needs of modern residents are cared for.\n\n\nNha Trang\n\n\nNha Trang in southern Vietnam boasts a beautiful, six-kilometer beach\n\n\nVietnam has plenty of outstanding beaches that are all worth visiting. And \nNha Trang\n is certainty up there with the country\u2019s best. The city boasts a beautiful stretch of coastline that spans six kilometers. There is nothing quite like an evening stroll along the promenade.\n\n\nBut what makes Nha Trang one of the most underrated beach destinations in Southeast Asia is the wealth of sights and activities to explore. You can visit Buddhist temples and gothic churches. There are hot springs and waterfalls to checkout. And, of course, Vinpearl Amusement Park is among the region\u2019s best fun centers.\n\n\nWhere to buy property in Nha Trang?\n\n\nInspired by the integrated resort model that is popular around the world, leading developer Sunshine Group created Sunshine Marina Nha Trang Bay with the goal of establishing a new era of holiday travel in Vietnam. The 5-star resort combines international-level standards along with cutting-edge technology that utilizes the Internet of things (IOT).\n\n\nThe development has a condotel element that\u2019s well suited for those looking for both a hands-free investment and holiday home. When completed, Sunshine Marina Nha Trang Bay will be the place to stay when visiting the region.\n\n\nRelated:\n \nForeign property ownership in Khanh Hoa Province approved\n\n\nDesaru\n\n\nDesaru offers numerous recreational opportunities in addition to a great beach\n\n\nDesaru has become a go-to weekend getaway location for residents of Singapore and Johor Bahru. It offers beautiful beaches, low-density living and plenty of recreational opportunities. And even though it feels like you\u2019re a million miles away, it\u2019s actually only a 30-minute ferry ride from Singapore. Its underrated status may not last much longer, however. Time Magazine included the Desaru Coast in its 2021 list of World\u2019s Greatest Places.\n\n\nApart from splendid beaches, Desaru is home to a wide range of biodiversity and outdoor excursions as well. There are your traditional options, like golf courses and waterparks. But there are also several interesting nature retreats, such as eco-tours at Belungkor Mangroves, learning more about endangered wildlife in the Sedili Wetlands and trips through Kota Tinggi Firefly Park, a protected firefly habitat.\n\n\nWhere to buy property in Desaru?\n\n\nAnantara Desaru Coast Residences boast a unique blend of luxury beachfront living and family-friendly activities that allows it stands out when compared to other residential villas in Malaysia.\n\n\nThe project is managed and serviced year-round by the adjacent Anantara Desaru Coast Resort & Villas which provides award-winning services. There are 20 three- and four-bedroom pool villas in total. These residences are set upon an expansive sanctuary with some offering direct access to the pristine South Sea beach.\n\n\nMactan\n\n\nYou can get from Mactan Airport to the beach in 30-ish minutes\n\n\nThe Philippines has no shortage of underrated beach destinations. However, not all of these are as easy to get to as Mactan Island. It is home to Mactan-Cebu International Airport which means you go from terminal to sands in no more than 30 minutes.\n\n\nA lot of activity has taken place across Mactan in the past five years and the island has no shortage of entertainment options now available. These will increase further in 2022 with \nthe opening of Emerald Bay Resort & Casino\n. Meanwhile, the close proximity to both Cebu and smaller islands opens up many other recreational opportunities for visitors.\n\n\nRelated:\n\u00a0\nWhy retire in the Philippines?\n\n\nWhere to buy property in Mactan?\n\n\nThe \nreal estate options in Mactan\n are limited by and large to condominiums with the most well-known development being the 30-hectare Mactan Newtown which has 1,655 units spanning four projects. You will also find other residential towers across the island but finding a property here does require you to search for it.\n\n"} {"url": "https://www.dotproperty.com.my/blog/5-ways-to-negotiate-your-next-property-purchase", "title": "5 ways to negotiate your next property purchase", "body": "\n\n\n\nNegotiate like a professional to secure the property at the price you want.\u00a0\n\n\nWe all want to know that we have got a good deal. Whether that is for the purchase of a new car, a holiday and even your home. As property is the, if not one of the, most expensive purchases you will ever make, it is vital that you are happy with the outcome. Therefore before you make your offer be sure to work out your negotiating strategy with these helpful pointers.\n\n\n1. Keep your cards close to your chest.\n\n\nIt probably won\u2019t be that easy hiding how much you like a property. But remember to keep a level head and don\u2019t let on how desperate you are for it to the real estate agent or owner. If they have seen that you have\u00a0fallen head over heels\u00a0for it, then they will know that you will give anything to get it. But if you do give too much away, don\u2019t forget to drop in the negative points too such as the old air conditioning unit in the bedroom that will need replacing that should be factored into the agreed cost.\n\n\n2. Keep your agent even closer to your chest.\n\n\nYour \nreal estate agent\n\u00a0will want to get the deal done as they will work on commission. You can use this to your advantage but being nice to them to get an inside scope on the situation. Appease to them to see if you can ascertain what the price is the owner is willing to accept or how desperate they are to sell. Get on side with your agent but whilst doing this do not forget point 1. This can be a tough balancing act as many agents get paid commission on the sale so it is in their best interest to sell at the highest price. So tempt them to work hard for you by reassuring them that you will use their service to rent out the property or sell it later down the line.\n\n\n3. Start at the bottom.\n\n\nYour first offer is your starting point. Remember that owners will want to see an increase on this so don\u2019t start too close to your maximum but equally don\u2019t start too low which may think that you are not being serious. Be realistic and gauge their reaction with your first offer in order to make your next move.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4. Provide evidence.\n\n\nWhy should the owner accept your offer? Spell it out to them. Are you looking to transact immediately? Do you have the funds in place? Is the lower offer because you noted that the water tank needs replacing? Did the property next door recently sell at this level? Provide comparable evidence to back up your offer.\n\n\n5. Keep calm and don\u2019t change your mind.\n\n\nHowever frustrating the negotiating process may turn out to be, keep smiling and remain calm. You want to remain professional throughout the process so only offer on a property you genuinely want. No one appreciates time wasters. This will irritate the agent and the seller and could result in them choosing another offer over yours. Keep to your word as a loyal customer counts for a lot.\n\n\nIf you are still looking for a property to rent or buy in Malaysia then have a look through Dot Property\u2019s comprehensive listings found online\u00a0\nhere\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/6-condo-interior-design-styles-avoid-2020-my", "title": "6 condo interior design styles to avoid in 2020", "body": "\n\nA little gray is okay, but condo interior design styles are moving away from shades of gray in 2020\n\n\nBuying a new condo unit this year? Or maybe you are revamping your current residence. Well, the start of a new decade has brought with it a host of new condo interior design styles. That also means all those trends that had been popular are now on the way out. Here are a few of the condo interior design styles you want to steer clear of this year.\n\n\nAvoid these condo interior design styles in 2020\n\n\n1) Shades of gray\n\n\nGray was the color of choice at many condominium developments across Asia during the past five years. Minimalist designs were complemented by gray-on-gray color palettes that remain fine but are no longer stylish. A little gray is okay in your condo, but don\u2019t overdo it.\n\n\n2) Industrial spaces\n\n\nOf all the condo interior design styles to avoid, the industrial look just may be the most difficult to leave behind. Exposed walls and bare bones aesthetics can be found all around, from condos to coffee shops. But they also lack life and the trend is on the downswing.\n\n\n3) Formal look\n\n\nThe formal look is a byproduct of the luxury property craze that sprang up throughout Southeast Asia in the 2010s. In order to prove their condo was luxurious, designers created overly formal and stiff-looking spaces that conveyed a sense of value. However, they also felt as sterile as industrial-inspired designs but for entirely different reasons. These days it is important to balance the structure that formal interior designs bring with touches that show off your personality.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4) Total IKEA\n\n\nThere is nothing wrong with IKEA furniture, and it can be a cost-effective way to decorate. That being said, don\u2019t go overboard and outfit your condo to look like an IKEA show units. One alternative is to mix and match IKEA furnishings with smaller pieces you find elsewhere that match. This can save some cash and look great.\n\n\n5) Look before function\n\n\nThat semicircle-shaped couch may look stylish. It is also a tough fit in most condos. Don\u2019t bother with any interior design that places visual appeal above function in 2020. The goal should be to maximize the space you have to maintain liveability.\n\n\n6) Art without meaning\n\n\nCondo interior design styles have been dominated by art pieces that appear fashionable, but aren\u2019t connected to the person living there. A large photo of New York City looks cool, but if you haven\u2019t been and don\u2019t want to go, why put it up in the first place? Especially since just about everyone else already has the same picture in their condo. Look for art that is unique to you and use that when designing your condo. It doesn\u2019t have to have some deep meaning that connects to all facets of your life. It should, however, be something you can have a conversation about.\n\n"} {"url": "https://www.dotproperty.com.my/blog/6-hacks-keep-condo-clean-during-rainy-season", "title": "6 hacks to keep your condo clean during rainy season", "body": "\n\nRainy season is here, and that means things might get messy in your condo\n\n\nKeeping your condo clean during rainy season is a difficult task. Water, mud and dirt surround us during these months and they almost always find their way into condo buildings. Maintaining a clean home can feel like a never-ending battle, but you can fight back.\n\n\nWe\u2019ve prepared six hacks that will help you keep your condo clean during rainy season. We\u2019ll be honest, most of them involve not letting wet items make their way into your home, but you got to start somewhere.\n\n\nSee more:\n \nSix interior design trends for 2019\n\n\nDo these six things to keep your condo clean during rainy season\n\n\n1) Do something about your shoes\u00a0\n\n\nIf you\u2019re going to keep your condo clean during rainy season, it starts with taking care of your shoes. Your kicks will drag in mud and dirt ruining your floors in the process. Most condo buildings don\u2019t let you keep things outside the front door of your unit, and the balcony isn\u2019t really an option if it\u2019s raining.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nA shoe rack by the front door is the perfect solution to this problem. You take your shoes off as soon as you enter and then place them on the rack before they have a chance to make a mess. Just make sure you place it close to the front door. It won\u2019t do any good if you put them in the bedroom as you\u2019ll be tempted to wear your shoes until reaching the rack.\n\n\n2) Keep the umbrella in the bathroom\n\n\nOn the streets, umbrellas are a lifesaver. But in the home, they are a nuisance. Some buildings may let you keep your wet umbrella in the lobby, but not everyone has this luxury. If you bring a wet umbrella into your home, put it in the shower/bathtub until it dries.\n\n\n3) Don\u2019t let wet clothes pile up\u00a0\n\n\nEven with an umbrella, sometimes your clothes get wet during rainy season. A lot of people just throw them in their laundry basket and forget about their wet clothing until it\u2019s time to wash everything. Other people will toss them on the floor. The former can cause a foul smell if you don\u2019t wash them fast enough and the latter is bad for any number of reasons.\n\n\nWet clothes need to be handled differently. Either place them in a separate basket so they don\u2019t mingle with everything else or dump them in the washing machine immediately when you get home if your condo has one.\n\n\n4) Be vigilant against water pooling\n\n\nBe sure to regularly inspect your balcony and window seal for pools of water once a storm has passed. If you find them, clear these out right away. These pools will do nothing but attract mosquitoes and create a bad smell if they are allowed to stagnate.\n\n\n5) Disinfect regularly\n\n\nRainy season is also germ season and chances are you will come down with a cold at least once during the next few months. Clean your walls and floors with a good disinfectant once a week to help eliminate germs in addition to keeping things clean. While this won\u2019t guarantee you a healthy rainy season, eliminating germs is always a good idea.\n\n\n6) Fight the damp smell\n\n\nNo matter how hard you work to keep your condo clean during rainy season, the damp smell can still make its way in. No one likes that musty scent so make sure you invest in diffusers or other odour eliminating systems.\n\n\nTired of the rain? Maybe it\u2019s time to find a home in a location that gets some sun during this time of year. Dot Property has thousands of properties for sale and rent.\u00a0\nStart your search today\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/6-reasons-to-invest-in-malaysia-now", "title": "6 reasons to invest in Malaysia now", "body": "\n\n\n\nThere are numerous reasons to make the most of Malaysia\u2019s attractive property market.\u00a0\n\n\nMalaysia offers some great opportunities for real estate. But why invest here over other countries in the region? And why now?\n\n\n1. Open to foreigners.\n\n\nSome countries make it tricky for overseas investors to buy property. However this is not the case with Malaysia. In 2003 the Malaysian My Second Home scheme was launched by the government in a bid to generate more interest from foreigner purchasers. Ten year visas were granted for those participating who can purchase any type of property. Plus the country have made it even more attractive with excluding foreigners from capital gains tax until the end of 2025. \nRetirees now flock to the country\n\u00a0to take advantage of the affordable living conditions that the country has to offer.\n\n\n2. Weak ringgit.\n\n\nThe Malaysian ringgit is currently at a low level meaning that those investors wishing to part with their American dollars, Japanese yen and Australian dollar can do so with an attractive discount on offer. All these currencies haven\u2019t enjoyed exchange rates quite like this before creating the ideal time to take advantage. Even the British pound and euro are getting a look in too.\n\n\n3. Strategic location.\n\n\nMalaysian is a bit of a hub for the region. Flights operate across the region from Kuala Lumpur making the country extremely accessible. In fact, some travel routes to holiday destinations such as Bali and Lombok are better from Malaysia than other leading Southeast Asian cities. On top of this Malaysia is a stone\u2019s throw from the financial powerhouse of Singapore and 60 percent of the world\u2019s population can be reached within its five hour radius.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4. Low prices.\n\n\nThe residential market has taken a bit of a battering recently. Partly a result of the slowing down of the gas and oil industry and a surplus of supply. Whilst the \nluxury market is making moves in an upbeat direction\n there still remains the opportunity to snap a bargain at a price that is more affordable than the rest of the region. Also as many astute investors have taken heed of, the marketing price is not always the actual selling price.\n\n\n5. Straightforward purchase.\n\n\nMalaysia operates under the Torrens title system. A process that is considered to be transparent and safe. Common in Singapore and Australia, this system means that those listed on the ownership title are filed at the local land title office rather than through deeds. However foreign investors do follow a slightly different process than local purchasers. Namely they require state approval ahead of the process from one of the country\u2019s 13 states. Each state has its own regulations that time restrictions and fees so it is advisable to seek professional advice to make sure you are aware what is required from you. Plus loans are available for foreigner who aren\u2019t cash purchasers.\n\n\n6. Wide range of property.\n\n\nA high rise condominium overlooking Kuala Lumpur\u2019s skyline. A unit within the \nconveniences of a township\n. A holiday home on the island of Penang or Langkawi. Or a standalone family home. Malaysia has a wealth of different types of property to suit all budgets and tastes.\n\n\nTo take advantage of Malaysia\u2019s attractive property market take a look at Dot Property\u2019s comprehensive listings online \nhere.\n\n"} {"url": "https://www.dotproperty.com.my/blog/6-tips-stress-free-move", "title": "6 tips for a stress-free move", "body": "\n\n\n\nSome people may think there is no such thing as a stress-free move. That\u2019s not entirely true. The key is preparation. The more prepared you are, the easier your move will be. Sure, it\u2019s impossible to predict how everything will turn out, but there are several steps you can take to avoid common problems.\n\n\nWe can\u2019t guarantee a totally stress-free move. However, doing the following may allow you to sidestep pain points and allow you to enjoy your new home quicker.\n\n\nSee more:\n\u00a0\nThings you MUST do to get your security deposit back\n\n\nTips for a stress-free move\n\n\n1) Don\u2019t use garbage bags\n\n\nTrash is the only thing that belongs in a garbage bag. Yet many people just throw personal belongings into garbage bags before moving. Not only can these rip during the moving process causing everything to fall out, it is near impossible to sort through stuff when unpacking if it has been stuffed into a trash bag.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n2) Take the \u201cdo I need this\u201d test\n\n\nWhen you\u2019re packing and come across an item that hasn\u2019t used in a while, ask yourself if it\u2019s really needed. There is no point in taking something you won\u2019t use to your new digs.\n\n\n3) Label boxes properly\n\n\nMany people will either leave boxes entirely unmarked or write a confusing and unhelpful description. Don\u2019t scribble down something like \u201cstuff I need\u201d or \u201cimportant stuff\u201d on the boxes. Instead, write down the name of the room the box should go in and a brief summary.\n\n\nGood example:\n Kitchen \u2013 plates, cups and utensils\n\n\nBad example:\n Eat\n\n\n4) Protect breakables\n\n\nThis may seem like common sense to some of you, but we\u2019ve seen plenty of people simply put ceramics in a box and hope for the best. Wrap anything breakable and put crumpled newspaper in the box for extra protection. And if something is valuable, go ahead and place it in bubble wrap.\n\n\n5) Food for thought\n\n\nBuy an ice chest and some ice so you can transport any perishable food items that require cold storage. You run the risk of food spoiling if you simply leave it out while moving it. If you don\u2019t feel like getting an ice chest, why not make a big meal for those helping you move using the leftover food you don\u2019t want to take with you?\n\n\n6) Set up your new home before you move\n\n\nIf you can\u2019t live without internet, cable TV or electricity, be sure to set these services up before moving. It can take days or sometimes weeks to have these installed. Do this ahead of time to avoid sitting in the dark with no Wi-Fi.\n\n\nNow that you know a stress-free move is possible, why not start exploring new homes? \nClick here to kick-off your search\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/6-ways-to-increase-the-value-of-your-home", "title": "6 ways to increase the value of your home", "body": "\n\n\n\nDon\u2019t rely on the market to move to increase the value on your property with these tips. \n\n\nInterest in property remains at an all time high. As it becomes a \nrecognised investment asset\n, people are turning to property to safeguard their and their children\u2019s future. Therefore adding value to your property is key. They say buy the property in the worst condition in a popular building and with a bit of TLC you will quickly be reaping the benefits. Doing this yourself rather than relying the market to go up means that you can add even more value. Whether you are selling your property in Malaysia, or renting it out, here are 6 ways for you to increase its capital value or rent.\n\n\n1. Give it a lick of paint.\n\n\nThis is one improvement that is easily overlooked. Probably because it is so straightforward. A fresh coat of paint will hide any grubby stains and immediately brighten the space up. On top of this, it will create a whole new feel especially if the current paint colour is a little dated. Opt for a very light grey for a contemporary look. If you live in a house, changing the colour of your front door will immediately smarten it up and improve its curb appeal.\n\n\n2. Increase the storage.\n\n\nOne common complaint amongst homeowners is the lack of storage. Whether that is for their clothes, sports equipment or suitcases. Building new storage will be attractive especially if you use your space in a clever fashion. Make the most of the space under your bed or even above your wardrobe. There are plenty of storage solutions out there to fit any space or size.\n\n\n3. Upgrade the kitchen and bathroom.\n\n\nFitting a new kitchen or bathroom is a big job. However this is one of the best ways to add value. A new slick bathroom or kitchen creates a real wow factor and many people will be lured by this. The increase in value will be substantially more than the outlay. You can also cheat by replacing only some of the fittings, such as the taps. Follow these tips to \nupgrade your bathroom.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4. Remember presentation is key.\n\n\nNot everyone finds it easy to imagine living in a property. So try and help them achieve this. First impressions really do count and I am sure you would be disappointed checking into a five star hotel and the beds were not made. Add accessories using the latest interior trends, furniture that suits the property and even put the toilet seat down. There is good reason why developers always dress their show home, and you should apply this ethos to your property. \u00a0\n\u00a0\n\n\n5. Utilise the your\u00a0outside area.\n\n\nThink of your outside area as an additional room. You wouldn\u2019t leave your reception room bare so this same ethos needs to apply to balcony, terrace or garden too. Check out \nour online\n guide for some inspiration.\n\n\n6. Take a step back.\n\n\nIf you have lived in the property for sometime you may not notice the dangling wires, the scuff marks on the wall or the discoloured flooring. Take a step back to see what improvements could be made for a tidy up. Upgrading a light fitting or removing some dated artwork are small changes, that may dramatically improve the look of the property.\n\n"} {"url": "https://www.dotproperty.com.my/blog/6-ways-to-upgrade-your-bathroom", "title": "6 ways to upgrade your bathroom", "body": "\n\n\n\nCreate a whole new look for your bathroom without breaking the bank.\u00a0\n\n\nIf your bathroom is looking a bit tired but you aren\u2019t quite ready for a complete refurbishment, you can make a real difference with a few small changes here and there.\n\n\n1. New lighting.\n\n\nThe lighting in the bathroom will have a real influence on its overall appearance. Good lighting is needed to make sure you look good in the mirror too! Therefore spots lights can be a great option and choose warm white light bulbs if you want to avoid a too stark lighting effect.\n\n\n2. Replace the shower curtain.\n\n\nIf you have a shower curtain, then consider upgrading this to a shower screen for a cleaner and smarter look. If a shower screen is not an option, then a new and plain shower curtain will work wonders too.\n\n\n3. Change the taps.\n\n\nIf taps are not cared for properly then they will quickly become water marked. Likewise styles can date too so upgrading your existing taps will make your bathroom feel more contemporary. Changing them is a\u00a0straightforward procedure for a plumber too.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4. Replace the grout.\n\n\nWhite grout changes colour with dirt and time. It can be cleaned with bleach, however replacing it entirely is a much better option and will instantly brighten the bathroom up. You bathroom will be out of action for a couple of days whilst this happens but the new look will be instantly noticeable.\n\n\n5. New tiles.\n\n\nAs fashions change, as do the preferred type of tile on the wall and floor. Replacing the tiles can be a messy and costly exercise. However if your fittings (sink, toilet, shower and bath) are in good order, then the replacing of tiles is a real cheats way to creating a whole new look for your bathroom without having to do a complete refurbishment. Popular tile styles are white bricks tiles, and pick grey grout that also easily hides the dirt too. Marble is also very much on trend and creates a luxurious feel at home.\n\n\nNote: to save your budget just tile around the bath, shower and behind the sink. Should the remaining walls be in good enough condition to be left untiled, then this will save you some money. However, tiles can hide bad plaster work, hence why some bathrooms are entirely tiled.\n\n\n6. Add accessories.\n\n\nIf you really aren\u2019t feeling that adventurous, add some accessories instead. Buy a fresh set of matching towels, pick out some scented candles, add some plants, and some pretty items such as a toothbrush holder or somewhere to store your cotton wool. Even just add some towel hooks to have somewhere to hang your towel and dressing gown or upgrade the mirror. Dress your bathroom like it is that of a five star hotel for an instant lift.\n\n"} {"url": "https://www.dotproperty.com.my/blog/7-spring-cleaning-tips-make-house-feel-new", "title": "7 spring cleaning tips to make your house feel new again", "body": "\n\nThe thing about living in Southeast Asia is that there isn\u2019t really a proper spring. At least not one that resembles what you see on HGTV when they\u2019re talking about spring cleaning. However, that doesn\u2019t mean now isn\u2019t a great time to tidy up around the house.\n\n\nWe\u2019ve compiled some spring cleaning tips to help you along the way. By the time you\u2019re done, your home will look as good as they day you first moved in.\n\n\n7 spring cleaning tips\n\n\n1) Give yourself enough time to clean the whole house\n\n\nOf all the spring cleaning tips we list here, this is the most important. Use this time to clean your entire home, not just a room or a few areas here and there. Clear your schedule for an entire day and don\u2019t stop until everything is done and dusted. Some people start scrubbing and then get preoccupied with other things. Eventually they never return to cleaning and they\u2019re left with one or two clean rooms and a bunch of dirty ones too.\n\n\n2) Starting donating stuff\n\n\nSpring cleaning is a great time to take inventory of what\u2019s in your house and clearing out items you don\u2019t need. This could be anything from clothes and shoes to old appliances and even books. Any items that are still good but just don\u2019t fit into your plans anymore should be donated.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n3) When in doubt, start in the bedroom\u00a0\n\n\nStarting is the biggest challenge for most people. While there is no bad place to start cleaning, just begin in the bedroom if you find yourself struggling. This is especially good for families since everyone can hit the ground running in their individual room. Once you start cleaning the bedroom, usually the momentum will take you to other rooms in the house.\n\n\n4) Tie a towel to the end of a broom for hard to reach places\n\n\nChances are your house contains a few places that happen to be hard to reach. Ceilings or narrow spots, such as the space between the refrigerator and counter, aren\u2019t made for human hands and arms. Never fear, all you have to do is tie a towel to the end of a broom. This tool should help you get to those once unreachable spots.\n\n\n5) Meet lemon juice and baking soda, your new best friends\n\n\nSure, you could buy fancy cleaning products, but baking soda and lemon juice, or just plain old lemons, usually suffice. For example, lemon juice is great for cleaning faucets and countertops. Meanwhile, baking soda is perfect for stainless steel and tiled surfaces. Look online for more uses. You\u2019ll probably be surprised just how versatile these household items are when it comes to cleaning.\n\n\n6) Vacuum the couch and mattress\n\n\nA lot of dust makes its way into your mattress, couch and fabric chairs. When you vacuum, be sure you hit these items as well.\n\n\n7) Wash the washing tools\n\n\nThe broom, mop, towels, dusters and all those other cleaning tools need love too. Wash them after you\u2019re done cleaning. Leaving these dirty can attract mold, awful smells and a bunch of other stuff you probably don\u2019t want around the house.\n\n\nDid these spring cleaning tips fail to create more space? Maybe it\u2019s time for a new home. Dot Property has thousands of properties for sale and rent. \nStart your search today\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/7-years-insights-real-estate-leaders", "title": "7 years of insights from real estate leaders", "body": "\n\n\n\nThis article on insights from real estate leaders appeared in the most recent issue of Dot Property Magazine.\u00a0\nClick here to read it\n!\u00a0\n\n\nSince first launching in 2014, Dot Property Magazine has spoken with countless real estate leaders who shared invaluable knowledge and insights. From developers to architects and agents to proptech players, we have chatted with them all over the years.\n\n\nWhile all of our interviewees have offered insights, we wanted to revisit seven of our favorites in celebration of Dot Property Magazine\u2019s seventh year of publication.\n\n\nReal estate leaders share their insights with Dot Property Group\n\n\nKhun Tanyatip (Tanya) Chearavanont \u2013 CEO and Founder ONE.SIX Development\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAt first, I was adamant about sticking to my core beliefs. That being said, talking to the market softened my views. I want to push the boundaries of real estate, but I also need to find a compromise. It is necessary to understand where the market is at and how it will adapt to changing preferences. We want to build projects that will always be in demand. Our focus isn\u2019t on quantity and that means we have the freedom to pursue our passions.\n\n\n\u2013 Khun Tayna details finding balance between her vision and what the market demands\n\n\nDr. (HC) Ir. Ciputra \u2013 Founder and Chairman Ciputra Development\n\n\n\n\nEntrepreneurship is a life science that can be applied in various sectors, one of which is property. I built Ciputra Group into the large company it is today through three philosophies: Integrity, Professionalism and Entrepreneurship. This is commonly abbreviated as IPE. With entrepreneurial thinking, Ciputra Group has created spectacular projects that are beneficial to people while also driving the economic value of the region. This is where entrepreneurship can positively impact the property business.\n\n\n\u2013 The late Dr. (HC) Ir. Ciputra on the role entrepreneurship plays in real estate. The legendary property figure passed away in 2019. \nRead the full article here\n.\n\n\nJames Claassen \u2013 Dot Property Group General Manager\n\n\n\n\nProppit allows property professionals to work smarter. One thing I have learned about the real estate industry in Southeast Asia since is that everyone is busy all the time. Yet, so many people spend a great deal of time on redundant tasks. Proppit eliminates that. You no longer have to post the same listing on six different websites, pay six different subscriptions and respond to leads on six different platforms. It can all be done here.\n\n\n\u2013 James explains the benefits of Proppit, Dot Property Group\u2019s newest innovation which launched in 2021. \nRead the full article here\n.\n\n\nPauline Chong \u2013 Principal at Cento Ventures\n\n\n\n\nProptech, to be placed in context, has lags behind the fintech revolution by almost a decade in Southeast Asia. One of the contributing reasons is that the real estate sector across Southeast Asia has enjoyed strong organic growth and the traditional way of doing things yielded good profits. This is quickly changing with rising financing costs and a cooling economic climate. There is now a strong incentive for real estate corporates and governments to invest in an improved way of delivering a better customer experience and improved productivity across the sector.\n\n\n\u2013 Pauline notes the changes that are driving proptech investment in Southeast Asia. \nRead the full article here\n.\n\n\nBui Thi Thanh Huong \u2013 Vice Chairwoman and CEO of Sun Group\n\n\n\n\nCompared with other countries in the region and around the world, Vietnam not only has advantages in natural resources but also in terms of its political and social stability. Moreover, in recent years, with the participation of major investors, including Sun Group, Vietnam\u2019s tourism infrastructure has seen major investment in large scale developments that have expanded opportunities for tourism. The room for Vietnam\u2019s tourism development is still very large; many fields remain open, yet to be adequately explored.\n\n\n\u2013 Bui Thi Thanh Huong opens up about the potential of Vietnam\u2019s tourism sector. \nRead the full article here\n.\n\n\nKhun Pitchakorn Meesak (Jarn) \u2013 Bridge Estate Managing Director\n\n\n\n\nOur relentless passion and personal commitment are what distinguishes us from others. Our mission is to offer each and every client a worry-free experience by providing the fully integrated service in real estate, sell or purchase transaction and tenancy management. We strive to reach high levels of success for our clients, based on our decades of execution experiences in local and international markets.\n\n\n\u2013 Khun Jarn on how Bridge Estate excels as a real estate agency. \nClick here to read more\n.\n\n\nNguyen Hoai Nam \u2013 CEO of Rolling Ant\n\n\n\n\nThe difference between our services and other digital/arch visualization is not about visuals. It is about how we stimulate the project and find ways to gamify the viewing experience. Our approach is to understand the unique selling point of a project and then create an emerging moment that captures it. Rolling Ant\u2019s solution helps show them all perspectives at any time, from any angle. We cover the imagination gap for purchasers.\n\n\n\u2013 Nam details Rolling Ant\u2019s approach to the property viewing experience. \nRead more here\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/807-2", "title": "HCK reveals big plans", "body": "\n\n\n\nHCK Capital Group Bhd\n has revealed it will launch nine integrated development projects within the coming three years.\n\n\nAccording to Group Executive Director Clifford Hii, the projects will have a gross development value of RM 8 billion.\n\n\nResidential, commercial and industrial lots are planned.\n\n\nAccording to media reports the projects will be in Kuala Lumpur, Kuching, Ipoh, Cyberjaya, Semenyih, Setia Alam and Sungai Buloh.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe industrial lots project will be in Muara Tebas, Kuching.\n\n\nHe said the projects will boost HCK Capital\u2019s reputation and ambition to become a bigger player in the industry.\n\n\nProperties Division\u2019s Chief Operating Officer, Foong Peng Yew, added the development of the RM 1.3 billion \u2018H Educity@Setia Alam\u2019 project was on track.\n\n\nHe said the project will include\u00a01,783 serviced suites and apartments and The Peninsula School, an Australian co-educational school.\n\n\nFoong added the company has identified several locations for future development that will include education elements.\n\n\nPictured: HCK Corporate Tower @ Empire City.\n\n"} {"url": "https://www.dotproperty.com.my/blog/811-2", "title": "Mitula Group buys Dot Property", "body": "\n\n\n\nThe Mitula Group Limited\n (ASX:MUA), a leading digital classifieds group, has acquired Singapore-based \nDotProperty Pte Ltd\n to provide the company with property portals in some of its Tier 2 Southeast Asian markets and therefore to significantly enhance the monetisation of visits in these markets.\n\n\nDot Property operates 10 property portals across nine Southeast Asian countries. Dot Property\u2019s Head Office and main portals are located in Thailand however, it also operates sites in the Philippines, Vietnam, Indonesia, Cambodia, Laos, Myanmar, Singapore and Malaysia.\n\n\nDirectors and Senior Management of the \nMitula Group\n have significant experience in successfully operating property portals in both established and emerging markets.\n\n\nSimon Baker\n, the Chairman of the Mitula Group, is the former CEO and Managing Director of the REA Group, as well as the former Chairman of the iProperty Group.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSol Wise, a Director of the Mitula Group, is the former Financial Controller of the REA Group, while Gonzalo del Pozo and Gonzalo Ortiz, respectively CEO and Director of the Mitula Group, founded the Spanish property portal Globaliza.\n\n\nGonzalo del Pozo\n, CEO of the Mitula Group, commented: \u201cWe are very excited with the acquisition of Dot Property. The acquisition immediately provides us with property portals in select Tier 2 markets and a channel by which we can enhance the monetisation of our Southeast Asian visitors.\n\n\n\u201cWe are also excited to welcome Ben Neve and his team to the Mitula Group. They bring significant in-market experience and on the ground skills to help us serve local real estate agents and developers across the Southeast Asian region.\u201d\n\n\nBen Neve\n, CEO of Dot Property, commented: \u201cJoining the Mitula Group will help rapidly accelerate our growth. Our portals will have better access to the Mitula Group sites and this will help us to provide real estate agents and developers with high quality leads.\u201d\n\n\nDot Property will operate as a separate division within the Mitula Group with Ben Neve taking on the role as General Manager of Southeast Asian Property Portal Operations, reporting to the CEO of the Mitula Group.\n\n"} {"url": "https://www.dotproperty.com.my/blog/9-unique-things-penang", "title": "9 unique things to do in Penang", "body": "\n\nTourist arrivals to Penang have ebbed and flow in the past few decades much like the tides along its beaches. In the 1970s and 80s, it was one of the must visit destinations for travellers from Europe and Australia, however, it was passed by the likes of Koh Samui in Thailand and Ho Chi Minh City in Vietnam during the 90s.\n\n\nThe historical core of the island\u2019s capital, George Town, was named as a UNESCO World Heritage Site in 2008 and this saw international tourists return to Penang in droves. If you haven\u2019t been, it is a great place to spend a weekend, and if you have visited the island, why not check it out again? Here are eight unique things you can do in Penang.\n\n\n1) Cook the Penang way\n\n\nPenang has some of the best food in the world and is a melting pot of flavours and cooking traditions. Many people fall in love with the cuisine and want to take it home with them. Thanks to Nazlina Hussin and her Nazlina Spice Station, you can learn how to make your favourite Penang dishes at home. Nazlina will teach you the origins of Malay spices, their significance in Malaysian cuisine and how to use the old methods to cook Penang cuisine.\n\n\nwww.pickles-and-spices.com\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n2) Take a trishaw ride\n\n\nWhile not the most efficient means of transportation, there is something charming about taking a trishaw ride through the streets of historic George Town. A trishaw is like a rickshaw but instead of being pulled by a person on foot, you are shuttled around by a driver on a bicycle. If you are looking to check out a bunch of sites in one go, rent one for an hour or more with a driver who can show you around.\n\n\n3) Visit a camera museum \n\n\nThe Penang Camera Museum has more than 1,000 vintage cameras on display as well as a dark room and special exhibitions. There is also a pinhole room at the museum that lets you see how a camera works from the inside out. Located in a refurbished shop house in Penang, it\u2019s safe to say the museum has captured the imagination of photography enthusiasts.\n\n\nwww.thecameramuseumpenang.com\n\n\n4) Record setting reclining Buddha\n\n\nThe reclining Buddha at Wat Chaiyamangkalaram happens to be the third longest in the entire world, measuring in at 33 metres. It is part of a Thai Buddhist temple that was built in 1845 and highlights Penang\u2019s multicultural flair. The reclining Buddha would be constructed 100 years later at the temple amid great fanfare. The late King of Thailand, Bhumibol Adulyadej, and Queen Sirikit would even visit Penang in 1963 to see the temple and statue.\n\n\n5) Explore a fort\n\n\nFirst built more than 200 years ago, Fort Cornwallis remains the largest standing fort in Malaysia. It was designed to protect the island from pirates and other enemies and massive cannons can still be seen facing out to the sea. In reality, the fort never saw much in the way of action, but remains an interesting and unique structure to explore.\n\n\n6) Sip a rare coffee\n\n\nPart caf\u00e9 and part laboratory, Full of Beans has just about every type of coffee bean you could dream of from the rare Jamaica Blue Mountain to exclusive single-origin African offerings. Found in the Straits Quay Marina, the shop is peaceful and provides an authentic coffee house experience. The skilled baristas craft each beverage by hand and you can even watch them make it should you order a pour over. It really is a sight to behold. The only thing better is sipping your delicious drink.\n\n\nwww.fullofbeans.my\n\n\n7) Bug out\n\n\nIt has been over 30 years since the Penang Butterfly Farm first opened, giving visitors a chance to see these beautiful creatures up close. It has since been reimagined as Entopia, a place where the butterflies and insects are free to come out and play. Even if bugs aren\u2019t your thing, Entopia is a cool place to learn about insects and discover how they help the world we live in. It\u2019s also a destination the whole family can enjoy.\n\n\nwww.entopia.com\n\n\n8) Buy food souvenirs \n\n\nPenang is a great place to buy unique food souvenirs for everyone back home or at the office to enjoy. There are countless foodstuffs on hand, including popular biscuits and dried meats, as well as rojak, a shrimp-based sauce usually eaten with fruit. If you\u2019re looking for something truly unique, go with the Tau Sar Piah, a flaky bun-shaped pastry filled with ground mung bean. You can find it being made fresh on the streets of George Town during the day.\n\n\n9) Rock out\n\n\n\n\nDeep down inside, everyone wants to live the rock \u2018n\u2019 roll lifestyle, even if it\u2019s only for a couple days. Hard Rock Hotel Penang is one of the few places where this fantasy can become a reality. Not only does the property offer the cool vibe you\u2019d expect from the Hard Rock brand, but it\u2019s the \nwinner of Best Hotel Development at The Dot Property Malaysia Awards 2017\n.\n\n\nhttp://www.hardrock.com/cafes/penang/\n\n"} {"url": "https://www.dotproperty.com.my/blog/a-first-for-malaysian-homes", "title": "A first for Malaysian homes", "body": "\n\n\n\nStaying true to its mission to build a sustainable and vibrant community, property developer Tropicana Corporation Berhad had entered into a strategic collaboration with PanaHome Malaysia to build 272 semi-detached innovative eco homes at its latest township \u2013 Tropicana Aman (pictured).\n\n\nThe unveiling of Cheria Residences, the third phase of the residential precinct at the 863-acre Tropicana Aman marked the first collaboration between both companies.\n\n\nCheria Residences is the brainchild of both companies, embracing innovative design and concepts that are fitted with Japanese intelligent construction technology that aims to improve the quality of lives.\n\n\nSpeaking at the signing ceremony, Dato\u2019 Yau Kok Seng, CEO of Tropicana, said Tropicana has always been working in sync with the pulse of local communities to enrich lives and improve the ecosystem.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cBuilding innovative intelligent homes with PanaHome is a sign of our commitment to not just creating harmonious partnerships for the benefit of our customers but ultimately, to also create an ideal and vibrant township that is sustainable and holistic in nature.\n\n\n\u201cGoing forward, Tropicana plans to build more sustainable homes in each of its townships.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/a-peek-inside-one-hyde-park", "title": "A peek inside One Hyde Park", "body": "\n\n\n\nLeading prime London real estate agent Harrods Estates is offering a three-bedroom apartment that will be prefect for discerning purchasers who wish to live in the world\u2019s most famous and exclusive development \u2013 One Hyde Park.\n\n\nThe desirable apartment measures 3,391 sq. ft. and provides lateral living spaces with luxury finishes.\n\n\nShirley Humphrey, Director at Harrods Estates, said: \u201cThis is a superb opportunity for an apartment of this generous square footage to be available for sale at the exclusive One Hyde Park development.\n\n\n\u201cThe apartment would be an ideal place to entertain due to its generous double reception room which offers floor to ceiling windows and views to Knightsbridge\u2019s glamorous shopping restaurants. The separate dining room would be a great setting for dinner parties.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cWe expect that the apartment will appeal to a family who are looking for a safe and secure home in central London and wish to be on the doorstep of culture, shopping, outstanding restaurants and stunning Hyde Park.\u201d\n\n\nThe beautifully interior-designed apartment provides solid wood flooring, tiling or luxury carpeting with beautiful bespoke joinery and cabinetry throughout, along with an array of excellent lighting solutions to suit any mood. The double reception room features access to the balcony and curved walls adorned in bespoke cabinetry to display ornaments and photographs. The separate dining room features curved walls with a built in bar and drinks area and provides seating for eight guests.\n\n\nThe Bulthaup kitchen has been beautifully finished with granite worktops, bespoke cabinetry and Gaggenau appliances, including an inbuilt coffee machine, oven, microwave, hob, extractor fan, fridge with built in freezer and dishwasher.\n\n\nThe spacious master bedroom suite has been finished with clever storage solutions, textured fabrics and exceptional fixtures and fittings. The generous walk in wardrobe provides plenty of space to protect clothing and the luxurious bathroom suite is clad in the finest Italian marble, complete with bath, walk in shower and his and hers wash basins.\n\n\nThe two further bedrooms provide spacious accommodation with opulent furnishings, and ensuite bathrooms, which have been designed to the same high standard as seen throughout the property.\n\n\nOne Hyde Park, is considered to be one of the most luxurious super-prime developments in London and features a 24 hour concierge, underground valet parking, spa with pool, gym and treatment rooms, serviced by the Mandarin Oriental Hotel.\n\n\nResidents can also enjoy the use of a virtual games room with golf, private cinema, library room and two meeting rooms. In addition, each resident is allocated a parking space, wine cellar and separate storage room.\n\n\nOne Hyde Park is situated next to Hyde Park in the heart of Knightsbridge, enabling residents to take advantage of the range of award-winning restaurants, shops and cultural attractions that London has to offer.\n\n\nThe three-bedroom apartment is priced at \u00a318 million.\n\n\nhttp://www.harrodsestates.com\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/ageing-asia-property-benefits", "title": "Ageing Asia: Property benefits", "body": "\n\n\n\nWith Asia accounting for half of the top ten fastest-aging countries during the next five years, insurance and pension funds in the region are set to invest as much as US$ 300 billion into global real estate markets by 2020 as they assess their ability to meet future obligations.\n\n\nSouth Korea, Singapore and Hong Kong are the world\u2019s fastest-aging countries; Thailand is ranked sixth and China is number 10, based on recent numbers from the United Nations. The prospect of a shrinking working age population has already caused governments in the region to implement pension reforms and encourage personal savings.\n\n\n\u201cAs the working age population shrinks in the coming years, global savings investment will surge,\u201d explains David Green-Morgan, JLL\u2019s Global Capital Markets Research Director and author of a new report on the correlation between demographics and real estate investment.\n\n\n\u201cThis is particularly noticeable in China where the drop off in the size of the workforce mirrors that of Western Europe, the U.S., Canada, Japan and Australia.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cIn most Asian countries (ex-Australia) pension assets as a percentage of GDP remain below the global average,\u201d he said.\n\n\n\u201cLooking ahead, we will see increased allocations by the region\u2019s pension funds into real estate as a result of the ageing population, pension reforms and capital market developments.\u201d\n\n\nReal estate investment markets have witnessed several new trends over the past 10 years as the sector has become truly global, helped by the asset class\u2019 stable income stream and the attraction of diversified portfolios, lower risk and a hedge against inflation.\n\n\nThe definition of mainstream real estate investment has widened considerably and now includes healthcare, aged care, student housing, residential development, public and private real estate debt and the establishment of a multifamily sector outside of the United States.\n\n\nPart of the reason for this expansion in the investment sector, which has pushed volumes close to previous peak levels, has been the unlocking of new capital sources from all over the world.\n\n\nAsian buyers, notably sovereign wealth funds, pension funds and insurance companies, have been a major force behind climbing real estate values in the U.S. and Europe. Last year, the biggest sources of real estate capital were from the Middle East and Asia Pacific.\n\n\nQatar and the UAE dominated Middle Eastern movements while, from Asia, capital came from China, Singapore, Hong Kong and South Korea.\n\n\nAmong the most active buyers in recent years have been Chinese insurance groups, including China Life, PingAn and Anbang Insurance. Their global strategies have been supported by a change in domestic regulations in February 2014 that now allow Chinese insurance companies to increase their maximum real estate allocation (both domestic and foreign) from 20 percent to 30 percent of total assets.\n\n\nAmong Asian emerging economies that are implementing changes to currently inadequate pension systems are Vietnam and Indonesia while the Singaporean bank DBS and Manulife recently announced a 15-year regional distribution deal that will market insurance products to Asia\u2019s rapidly aging middle class.\n\n\n\u201cThe shift in Asia\u2019s demographic profile means that more and more people are now planning for retirement than at any other point in history, and more and more capital is being deployed into private pension funds especially in Asia\u2019s emerging economies where they remain a relatively new phenomenon,\u201d said Green-Morgan.\n\n\nAs China develops its capital markets, it is also changing its pension system. According to media reports, China plans to create a unified pension system for residents in both rural and urban areas by 2020. At present, China\u2019s pension contributions vary across provinces and the lack of a central record-keeping system has made worker mobility difficult.\n\n\nJapan\u2019s restructuring of its US$ 1.1 trillion Government Pension Investment Fund (GPIF) \u2013 the largest pool of retirement savings in the world \u2013 in which holdings are mostly low-yielding Japanese government bonds, is also expected to increase real estate investment allocations. GPIF has announced a new investment strategy and, among other changes, plans to create a new 5 percent allocation to alternative investments, including real estate. Other public and private Japanese institutional funds are likely to follow GPIF in rebalancing their portfolios, which will boost demand for real estate.\n\n\nThis column was written by David Green-Morgan, Global Capital Markets Research Director at real estate firm JLL, and was first published by \nJLL\u2019s Investor website\n. It is reproduced with kind permission.\n\n"} {"url": "https://www.dotproperty.com.my/blog/agencies-target-luxury-buyers", "title": "Agencies target luxury buyers", "body": "\n\n\n\nPropNex, Singapore\u2019s largest home-grown real estate agency, and JLL, one of the largest and most successful global real estate consultancies, have announced the launch of a new initiative aimed at assisting developers and buyers of luxury homes in Singapore.\n\n\nAn exclusive sales team of about 200 luxury home specialists from PropNex\u2019s 5,500 salespersons, have been selected to form a new group under a distinct identity \u2018Luxury Real Estate \u2013 in Partnership with JLL\u2019. This group of high-end agents will support the joint efforts of JLL and PropNex to better serve property developers of high-end homes with their sales and marketing.\n\n\nChris Fossick, JLL\u2019s Managing Director for Singapore and Southeast Asia, said: \u201cDevelopers of luxury properties in Singapore need more help than before to move their inventory. The challenges are largely owing to policies that have suppressed demand from foreigners and investors.\n\n\n\u201cWhile they need more hands on deck, these developers are extremely particular with the quality, reputation, consistency and effectiveness of their sales force.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cBetween PropNex and us, we believe we have now developed an optimal solution that addresses this as we jointly undertake their project marketing mandates. This combines JLL\u2019s quality research, global reputation and network, together with the absolute best from PropNex\u2019s dynamic and the large talent pool.\u201d\n\n\nBoth PropNex and JLL went through a rigorous process of carefully selecting sales persons who met strict criteria in terms of track record, communication skills, ethics, product and market knowledge. Shortlisted candidates then underwent compulsory training in project marketing to ensure a high and consistent standard of service delivery and were required to pass an interview before they could be certified under the Luxury Real Estate brand.\n\n\nIn a graduation ceremony this week the certified Luxury Real Estate agents were awarded their certificates.\n\n\n\u201cOut of a total of 1.3 million homes in Singapore, private and public included, JLL estimates that the stock of luxury homes represents a mere one per cent,\u201d added Fossick.\n\n\n\u201cThese properties are mostly located near Orchard Road, Marina Bay and Sentosa and their values can vary considerably \u2013 from S$5 million to S$50 million. Despite the small size of the market we see a strong need for a specialised approach to help our luxury developer clients, befitting the high value and quality of their real estate as well as the profile of the purchasers.\u201d\n\n\nThis new initiative comes a year after JLL and PropNex entered into a strategic partnership, when JLL acquired a stake in PropNex\u2019s project marketing business. Since then, both companies have broadened their scope of cooperation, in areas such as auction and project marketing of commercial developments.\n\n\n\u201cWhile PropNex offers a wide range of sales and leasing services \u2013 from HDB flats to condominiums, less is known about our immense success with sales of luxury homes,\u201d said Ismail Gafoor, Chief Executive Officer of PropNex.\n\n\n\u201cPropNex, for example, was behind the sale of the most expensive penthouse in Singapore \u2013 the S$51 million deal at Le Nouvel Ardmore. Likewise, PropNex sold the penthouses at St Regis Residences for S$12.2 million and Marina Bay Suites for S$ 18.98 million. Our agents have also consistently brokered Good Class Bungalows (GCBs) and luxury houses at Sentosa.\n\n\n\u201cThe Luxury Real Estate brand would hence serve to recognise and elevate the status of these highly successful agents who are well plugged into the world of high-net worth buyers. It will also serve to raise the standards of professionalism in the industry and motivate other agents to emulate their success,\u201d added Gafoor.\n\n"} {"url": "https://www.dotproperty.com.my/blog/aippproperty-frontiers-merge", "title": "AIPP/Property Frontiers merge", "body": "\n\nAsia Pacific Investment Partners (APIP) has completed a merger with overseas investment agency, Property Frontiers.\n\n\nAPIP is a 14-year-old company based in Hong Kong that has grown to become the largest integrated real estate company in Mongolia, with interests in other emerging markets including Myanmar, Kazakhstan, Cuba and China.\n\n\nCommenting on the news, Lee Cashell (pictured left), the Chief Executive Officer of APIP said: \u201cWe are extremely pleased to welcome Property Frontiers to the APIP family. With this merger, we see tremendous opportunity to build on the deep research expertise and relationships Property Frontiers has built across the emerging markets property space since their foundation in 2004.\n\n\n\u201cOur proven ability to complete design-driven property developments in frontier markets such as Mongolia, coupled with Property Frontiers\u2019 research-led advisory and international sales network, creates a truly global integrated real estate platform able to execute sales and co-development projects in a variety of emerging markets.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cThe combined global database of international property investors and the libraries of emerging market property research and analysis provides the company with an unparalleled foundation for the coming resurgence in emerging and frontier market real estate.\u201d\n\n\nThe combined firms will continue to operate under the APIP umbrella brand, with Property Frontiers becoming a wholly-owned subsidiary and APIP\u2019s flagship brand focusing on sales, research and selective co-developments in frontier markets outside Mongolia.\n\n\nRay Withers, who will remain as CEO of Property Frontiers, was enthusiastic for the prospects of the combined company.\n\n\nHe said: \u201cWe founded Property Frontiers with the vision of being pioneers in the emerging market real estate arena.\n\n\n\u201cThroughout our 12-year history we have built an award-winning business with a solid record of completing thorough research and diligence and assisting more than 2,500 clients to purchase real estate in over 30 international markets as diverse as Argentina, Poland, Belize, the Middle East, Malaysia, Brazil, China, Uganda, and of course Mongolia.\n\n\n\u201cWith this transaction we are delighted to be able to move into the development side of the real estate industry as well. Partnering with APIP allows us to learn from an expert property developer who has a proven track record of success in frontier markets. We have worked together with the APIP team for many years and are delighted to continue the strong relationship as we grow together.\u201d\n\n\nThe combined firms will boast a network of offices around the world including in Hong Kong, Singapore, Ulaanbaatar, North America, London and Oxford. They will aim to become the leading provider of real estate investment opportunities and research products across the emerging markets to family offices, property funds and high net worth individuals.\n\n"} {"url": "https://www.dotproperty.com.my/blog/airport-travel-trips", "title": "Airport travel tips", "body": "\n\nLiving in Asia often involves a lot of international travel to neighboring countries \u2013 and it can be a hassle. We\u2019ve found these great airport travel tips to help avoid chaos and promote easier travel. Spare yourself the headache and check out this infographic.\n\n\nThis infographic was originally posted at Toggl.com\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/all-change-for-the-luxury-market", "title": "All change for the luxury market", "body": "\n\n\n\nExperts see now as a buyer\u2019s market for the luxury sector as prices bottom out.\n\n\nThings could be about to look up for the luxury market. One sector that has slowed down over the last couple of years due to a combination a factors. A\u00a0less profitable oil and gas industry saw fewer expatriates moving to the country. A profile of tenants who demand luxury lettings thus influencing the buy-to-let market. Plus tighter lending conditions where a\u00a030 percent tax was levied on property\u2019s sold within three years of the initial purchase date, and financing was capped for people with more than two properties. This was on top of\u00a0a surplus of supply.\n\n\nBut now experts are expecting a brighter future for this sector of the industry. Partly due to the value that can be snapped up in the country. The Ringgit is currently very low against the US Dollar offering a sizable discount for foreign purchasers. Plus improvements to infrastructure and the high-speed rail link in Iskandar go to add to Malaysia\u2019s appeal.\n\n\nOverseas investors\n\n\nThis foreign capital is welcomed in the country. Whilst foreigners have to buy property in excess of MYR 1 million, there are no restrictions on the types of property bought. Alongside Singapore, Malaysia is the only country in the region where foreigners are allowed to freehold properties.\u00a0\nAlso foreigners wanting to settle permanently in Malaysia can do with the \nMalaysia My Second Home visa scheme\n. With just a deposit of MYR 300,000, applicants can obtain a 10 year visa. Another string to Malaysia\u2019s bow.\n\n\nKuala Lumpur is about to welcome shiny new projects with brand names such as Kempinski and Four Seasons firmly attached to them. These are just a couple of the 13,000 new luxury units that are expected in 2017.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nLuxury schemes are already performing well. Considered affordable compared to similar properties in other capitals in the region, investors are taking advantage of this snapping up units at projects such as\u00a0The Pavilion Group\u2019s Banyan Tree. Activity has already increased for 2017 due to the weakening Ringgit drawing in investors from China, Hong Kong, Taiwan and even as far as America. An upbeat sentiment that is set to continue.\n\n"} {"url": "https://www.dotproperty.com.my/blog/all-eyes-turn-to-the-office-market", "title": "All eyes turn to the office market", "body": "\n\n\n\n\n\n\n\n\n\nMalaysia\u2019s office market could be about to receive unprecedented interest.\u00a0\n\n\nMalaysia\u2019s office market could see a sudden demand among investors. This is due to a number of factors that include the weak ringgit and the government who are injecting considerable investment into infrastructure, residential and commercial projects. Couple this with other global events such as \nBrexit\n and the \nnew administration in America\n, many are shying away from this traditional investment safe havens and are enticed by the current\u00a0\nattractive qualities of Malaysia instead.\n\n\nConsidered to be a fairly low maintenance investment, now is proving to be a lucrative time to invest in commercial space. The slowdown of the oil and gas industries has freed up a lot of office space. This surplus in demand will ensure low prices that will entice investors whether they need the property for their own company or if they intend to become a landlord and let it out.\n\n\nThe announcement of a string of new developments has created a stir on an international level. Many investors have been spurred on to invest thanks to the Mass Rapid Transit plans, plus other projects that include Bandar Malaysia and Forest City. This heightened interest has increased the demand for both residential and commercial property.\n\n\nAccording to CBRE, they recommend that investors consider office space in prime areas. The real estate firm have noticed an uptick in interest in the office space according to their Asia\u00a0Pacific Investor Intentions Survey 2017. Citing that Malaysia has, \u2018extraordinary stability of property investment\u2019. CBRE\u00a0expect interest in Malaysia to rise due to the low price points, potential for future appreciation and expect that once the oil and gas industry has recovered that demand will rise again.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/allow-us-reintroduce", "title": "Allow us to reintroduce ourselves", "body": "\n\nDot Property General Manager James Claassen goes over the company's new look and shares what's next\n\n\nThis article on Dot Property Group appears in the newest issue of Dot Property Magazine. \nClick here to download your FREE copy today\n!\n\n\nDot Property is now Dot Property Group. This is much more than a name change, however. The company is revolutionizing how property professionals in Southeast Asia operate. Its newest innovations allow you to work faster, smarter and more efficiently than ever before.\u00a0 \n\n\nTechnology and real estate have an interesting relationship. Especially as it relates to how property professionals connect with those looking for a new home. Everything tends to be siloed meaning it takes more time and effort for real estate agents and homebuilders to accomplish their goals.\n\n\nWhat if there was a way to streamline that? What if there was a way for you to reach more people in less time? Finding the answer to those questions has been driving Dot Property behind the scenes for nearly two years.\n\n\n\u201cThe most important resource for real estate agents and developers in Southeast Asia is time. They have so much going on at any given moment. Understanding this inspired us to develop a technological solution that allowed property professionals to reach more people in less time,\u201d James Claassen, Dot Property General Manager, explains. \u201cIt required us to examine who we were and how we could best support the real estate industry as a whole.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDot Property is now Dot Property Group\n\n\nDot Property Group has grown significantly each year since its launch\n\n\nSince being founded in 2013, Dot Property has grown significantly. Early on, this came in the form of expanding into new markets, such as Vietnam. As the company grew, events like the Dot Property Awards were launched. There were also additions including the acquisition of Persquare in the Philippines and Hipflat in Thailand.\n\n\nThere was activity behind the scenes as well. Dot Property joined Mitula Group which was eventually acquired by LIFULL in 2019. Later that year, LIFULL Connect was born, creating one of the world\u2019s largest global marketplace groups in the process.\n\n\nAfter years of constant growth and progression, there was finally a chance for reflection. It was an opportunity to explore who and what Dot Property was.\n\n\n\u201cSomething we struggled with was synergy. We have so many outstanding pieces, but there was nothing connecting them,\u201d James details. \u201cIn Thailand, we have Thailand-Property, Dot Property and Hipflat. There is Dot Property Philippines which is the largest real estate website in the Philippines. And we can\u2019t forget about the Dot Property Awards, events and other websites throughout Southeast Asia.\u201d\n\n\nHe continues, \u201cIt became important for us to bring these altogether. Having everything segmented didn\u2019t benefit our partners or those who rely on our websites to find their home. We had, in a sense, outgrown the Dot Property name.\u201d\n\n\nIt\u2019s cliche to say, but Dot Property needed a bigger roof to place all its offerings under. Thus, Dot Property Group was born. The new name allows the company to keep an identity people throughout Southeast Asia know and love while highlighting it is much more than one website or event.\n\n\n\u201cDot Property Group encompasses everything we do as Southeast Asia\u2019s leading online real estate marketplace,\u201d James proclaims. \u201cWhen someone heard Dot Property, they most likely thought of a specific website or service. When people hear Dot Property Group, they will think of a diverse, holistic real estate solution that goes far beyond any one thing.\u201d\n\n\nAs Dot Property began its transition to Dot Property Group, a new tool was being developed to help streamline the online experience and prove this wasn\u2019t simply a cosmetic name change.\n\n\nWelcome to Proppit \n\n\nThe recently-launched Proppit allows property professionals to work more efficiently\n\n\nWhen LIFULL Connect was formed in 2019, it saw Dot Property become a part of the world\u2019s largest real estate aggregation network. Online real estate marketplaces in Southeast Asia, Europe and Latin America joined together with global vertical search websites to form a property powerhouse.\n\n\nThe challenge was to turn this reach into something beneficial for real estate agents and developers. While there has been no shortage of property portals to expand their operations geographically, it hasn\u2019t resulted in meaningful improvements for real estate professionals.\n\n\n\u201cThere is so much focus on expansion and growth in our industry. We can sometimes end up equating bigger with being better. But that\u2019s not always the case. For us, we needed to understand how being bigger could allow us to provide our partners with a better experience,\u201d James says. \u201cAs we coalesced as Dot Property Group and all of LIFULL Connect began to understand the scope of our capabilities, we started working towards a solution.\u201d\n\n\nThese efforts would eventually lead to the creation of Proppit, a forward-thinking innovation that allows property professionals to reach more people in less time. It\u2019s an easy-to-use platform where you upload a listing to a centralized location and have it published across the Dot Property Group and three other leading vertical search websites.\n\n\nProppit is a single hub where you have the ability to increase your visibility and easily manage your stock without the endless hassle of dealing with multiple sites, platforms and payment schemes. Real estate agents and developers using it can save time, reduce costs and focus on clients.\n\n\n\u201cProppit allows property professionals to work smarter. One thing I have learned about the real estate industry in Southeast Asia since moving here is that everyone is busy all the time,\u201d James notes. \u201cAnd yet, so many people spend a great deal of time on redundant tasks. Proppit eliminates that. You no longer have to post the same listing on six different websites, pay six different subscriptions and respond to leads on six different platforms. It can all be done here.\u201d\n\n\nAnd this is only the beginning. Additional tools, features and functionalities are already in development for Proppit that will see it cement its status as real estate industry\u2019s preferred platform in the years to come.\n\n\nWhat makes Dot Property Group different?\n\n\nDot Property Group\u2019s hub in Bangkok\n\n\nMany online real estate marketplaces and portals in Southeast Asia like to overpromise and underdeliver. It\u2019s part of startup culture. There is so much focus on making the company more attractive so it can secure the next round of funding or woo potential investors that it is easy to lose sight of what\u2019s actually being built. Having lived through this existence, Dot Property Group was keenly aware of the trap.\n\n\n\u201cOur growth and where we are at as a company allow us to now concentrate efforts on real improvements. We continue to work on truly beneficial innovations for property professionals and home seekers,\u201d James states. \u201cWhat makes those ambitions different today versus where we were at three or four years ago is that we aren\u2019t a startup. We are part of something much larger and much stronger that has the ability to develop industry leading solutions like Proppit.\u201d\n\n\nIf the old adage strength in numbers is to be believed, then Dot Property Group\u2019s strength is unmatched in Southeast Asia. As part of LIFULL Connect, the company joined a network of 250 websites that span 63 countries and receive more than 200 million listing views monthly. But this strength goes well beyond numbers.\n\n\n\u201cBeing part of LIFULL Connect provides us with more resources and capabilities. We are continually looking for ways we can elevate the search experience for both property buyers and sellers,\u201d James says. \u201cThere are a lot of things in the pipeline we are really excited about.\u201d\n\n\nLooking ahead\n\n\nA lot has changed for the Dot Property Group over the past two years. And that doesn\u2019t even factor in the COVID-19 pandemic which has disrupted the real estate industry in unforeseen ways. It has been a transformational time which forced the company to reflect on just how it fits into the landscape.\n\n\n\u201cThe pandemic required us to rethink how we fit in the real estate ecosystem. As Dot Property, our focus was on connecting buyers and sellers. As the Dot Property Group began to take shape, we saw our role was evolving,\u201d James explains. \u201cWe are now a hub of activity and information that spanned beyond a single website, country or function. This is the foundation we are building upon.\u201d\n\n\nHe continued, \u201cSome of this has already been realized with the launch of Proppit along with digital events and Agent Days. But it is only the start of a much longer journey. We are working on several more impactful innovations that will be rolled out as the region emerges from COVID-19.\u201d\n\n\nUltimately, Dot Property Group sees itself as a trusted partner for developers and real estate agents. The brand they turn to for help, advice, information or anything else needed to achieve success.\n\n\n\u201cWe urge anyone who is interested to come speak with us. Take this opportunity to learn about how Dot Property Group can help you reach your goals,\u201d James concludes.\n\n"} {"url": "https://www.dotproperty.com.my/blog/allowing-pets-in-your-rental-property-good-idea", "title": "Is allowing pets in your rental property a good idea?", "body": "\n\nMore buildings permit them, but is allowing pets in your rental property a good idea?\n\n\nProperty investors and landlords face a lot of difficult decisions. There is a delicate balancing act between finding ways to make a property attractive and minimizing risks and unnecessary expenses. A growing number of projects are allowing pets which poses a conundrum for owners wanting to rent out their units.\n\n\nWith that mind, is allowing pets in your rental property a good idea? Well, that is a difficult question to answer so let\u2019s dive into some of the considerations.\n\n\nThe upside is simple. Demand for pet friendly properties is far greater than the supply on the market, especially in condominiums. However, answering the question is not as simple as that.\n\n\nPets can cause damage which you probably don\u2019t want in your rental property. Dogs and cats leave scratches and stains behind which need to be repaired once the tenant moves out. Before you make a decision, it\u2019s vital to weigh the pros and cons of allowing pets in your rental property.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe good and bad of allowing pets in your rental property\n\n\nMany pet owners are willing to pay higher rents in order to secure a home. That\u2019s because finding a property that allows pets is much more difficult than an ordinary unit. Additionally, a renter in a pet friendly property may stay longer since it may not be possible to find another place that will let them keep a dog or cat.\n\n\nEven if your building does allow pets, you shouldn\u2019t necessarily allow them in your unit. Firstly, there is the risk of damage which we mentioned earlier. Secondly, pets can be noisy leading to disputes with neighbors and other issues.\n\n\nHow can you mitigate the risks?\n\n\nIf you own a unit in a building that allows pets, one way you can eliminate the risks of allowing pets in your rental property is to screen them. Ask them questions about their animal that will help you gain more information on if they will be troublesome or not.\n\n\nYou can also request pictures and videos of the pet as well as the house it lives in that gives you a better idea of the condition of the property and the behavior of the animal. Don\u2019t forget to ask for a reference from the tenant\u2019s current landlord if you want extra peace of mind.\n\n\nMaking your decision \n\n\nBefore deciding whether or not allowing pets in your rental property is a good idea, you want to consider a few more things. For starters, it is important to understand that accidents can happen with pets, no matter how well behaved they are. There is always a risk when it comes to animals in a home.\n\n\nAdditionally, don\u2019t mistake having a pet friendly unit as meaning you have to accept anyone with a dog, cat, rabbit or something else. Make sure potential tenants know that there is a screening process they will need to pass.\n\n\nAt the end of the day, allowing pets in your rental property can make it easier to find long term tenants who may be willing to pay more. It\u2019s not without risks, however. Property investors and landlords must realize the downside involved and if this outweighs any possible benefits.\n\n"} {"url": "https://www.dotproperty.com.my/blog/aman-prepares-opening-southeast-asia-resorts", "title": "Aman prepares for opening of Southeast Asia resorts", "body": "\n\nWith COVID-19 restrictions slowly being eased in many parts of Southeast Asia, leading hospitality-group Aman announced a phased reopening of its resorts. The hotelier operates 21 properties in Asia including resorts in Thailand, Vietnam, the Philippines and Indonesia.\n\n\nAman revealed that all of its resorts have been adapted to ensure the health and safety of guests but remain unchanged in spirit. The serene hideaways feature the brand\u2019s signature style which many believe could be a blueprint for the future of travel.\n\n\nFrom the architecture and design of standalone pavilions with private pools, to the low room count and subtle service, Aman\u2019s ultra-luxury resorts are already ideal for practicing social distancing by providing the unassuming, warm hospitality of a gracious private home.\n\n\nHowever, a number of measures have been put in place to provide travelers with added peace of mind. Every single property has taken all appropriate steps in line with guidelines from the World Health Organization and the government authorities according of each location prior to reopening.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe result allows you to enjoy some of the Earth\u2019s most remote destinations and beautiful locations in the coming months after a prolonged period of being stationary. Aman hopes guests can find their sanctuary, a sense of calm and familiarity at one of its \u2018places of peace\u2019 in Asia.\n\n\nAmanpuri in Phuket is set to fully reopen on July 1. This was Aman\u2019s first property and has been open for more than 30 years. In the Philippines, the awe-inspiring Amanpulo will welcome guests again on June 26 while the brand\u2019s five Indonesian resorts are set to open between June 19 and August 1.\n\n\nThe Amanoi in Vietnam and Amansara in Cambodia remained open during the pandemic in line with local regulations. Aman\u2019s four resorts in China have already reopened while implementing the company\u2019s additionally safety measures. All reopening dates in Asia are tentative and may be adjusted due to the changing global situation.\n\n"} {"url": "https://www.dotproperty.com.my/blog/aman-taps-nai-lert-site-bangkok-luxury-residences-hotel", "title": "Aman taps Nai Lert site for Bangkok luxury residences and hotel", "body": "\n\nAman Nai Lert Bangkok will have a hotel and private residences \n\n\nThe upscale Aman hospitality brand revealed it will launch a luxury branded residence and hotel project inside Bangkok\u2019s Nai Lert Park. Aman Nai Lert Bangkok is being developed in partnership with Nai Lert Park Development and completion is expected to happen in 2023.\n\n\nThe project is surrounded by the area\u2019s century-old tropical gardens with the design embracing this space to create a tranquil sanctuary, a signature of the Aman brand. The project will stand 36-storeys and both the hotel and private residences will feature ultra-luxury amenities that suit the unique surroundings.\n\n\n\u201cWe are honored to have been entrusted with the privilege of operating Aman\u2019s flagship development in Bangkok,\u201d Naphaporn \u201cLek\u201d Bodiratnangkura, CEO of Nai Lert Park Development, notes. \u201cNai Lert Group takes pride in its spirit of hospitality and we are pleased to be able to weave our legacy with Aman\u2019s.\u201d\n\n\nArchitect Jean-Michel Gathy, founder of Denniston and a long-time collaborator of Aman, has been entrusted to design Aman Nai Lert Bangkok. He found ways to remain true to the Aman identity while drawing upon the scenery around the project to ensure a special and authentic sense of place.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAman Nai Lert Residences Bangkok will contain 50 units spread across the 11\nth\n to 18\nth\n floors of tower. The residences will feature uninterrupted views of Nai Lert Park and the Bangkok skyline which can be enjoyed from a private terrace. One-, two-, and three-bedroom units will be available along with exclusive penthouses that have a private entrance.\n\n\nThe luxury branded residences will also come with their own amenities which are unavailable to hotel guests. These include a swimming pool, fitness center and a dining room with dedicated chefs.\n\n\nAs for the hotel, it contains 52 suites located on floors 9-19. It will feature separate amenities from the residences along with several eateries which are shared. The hotel\u2019s signature facility will be a large Holistic Wellness Centre that is equipped with a fully integrated medical clinic, a wellness lounge and a spa house.\n\n"} {"url": "https://www.dotproperty.com.my/blog/amazing-phuket-villas-perfect-wfh", "title": "Amazing Phuket villas that are perfect for WFH", "body": "\n\nWhile some people are now returning to the office, many other companies are implementing permanent work from home (WFH) policies. Interestingly, that has seen employees rethink where they live.\n\n\nAfter all, if you take part in WFH and it doesn\u2019t matter where your home is, why not live in a beautiful tropical paradise like Phuket? You are seeing more and more individuals opting to make the island their base.\n\n\nThat\u2019s because it already has all you need for a comfortable life. Improved infrastructure and an international airport mean getting around is a breeze. International schools make it possible to bring the entire family while large shopping centers ensure small comforts are always within reach. And, of course, you have the stunning beaches and plentiful recreation opportunities.\n\n\nThose thinking about working from Phuket will need a place to live. And that\u2019s where \nThailand Property\n comes in. We have found four amazing Phuket villas that are perfect for WFH on our website.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRelated:\n \nExplore the most exclusive branded residences in Southeast Asia\n\n\n4 amazing Phuket villas that are perfect for WFH\n\n\nBotanica Luxury Villas\n\n\nStarts at:\n THB35 million\n\n\nBotanica Luxury Villas can be customized to your preferences\n\n\nBotanica Luxury Villas appear to be works of art. Featuring bespoke designs and large usable areas, residences are crafted around a natural stone-tiled swimming pool that supports a free-flowing floorplan. The vaulted, teak wood ceilings produce an elegant and authentic look throughout each home while natural light is welcomed in to create a positive feeling.\n\n\nCustomization is also possible to ensure your ideal WFH setup is available. Located in the tranquil Phuket hillside, Botanica Luxury Villas are only a kilometer away from stunning Bangtao Beach and it is within easy walking distance to local markets and a major shopping complex.\n\n\nClick here for additional details\n\n\nAnsaya Phuket\n\n\nStarts at:\n THB15.1 million\n\n\nAnsaya Phuket features architecture design inspired by Thailand\u2019s cultural heritage\n\n\nAlso located near Bangtao Beach is Ansaya Phuket, a modern villa development featuring architecture design inspired by Thailand\u2019s cultural heritage. These residences may look a little different from what many people are used to, but there is a good reason for that. A great deal of effort has gone into crafting homes that provide a connection with nature while allowing for the most comfortable living experience.\n\n\nAn example of this is how the design enhances ventilation through the local breeze. Other touches, such as the Thai style courtyard and sala, found in the villas are spaces where you can be inspired to do your best work.\n\n\nClick here for additional details\n\n\nRiverhouse Phuket\n\n\nStarts at:\n THB16.9\u00a0million\n\n\nRiverhouse Phuket is the island\u2019s most sustainable villa development\n\n\nVillas at Riverhouse Phuket will appeal to those who want a modern, vibrant home that combines the tropical and loft lifestyles. The incorporation of open space and tasteful industrial elements gives it a distinct vibe when compared to other residences around the island. From a work context, you can create an office space, but you\u2019ll also find private corners and other spaces that allows you to break up daily monotony.\n\n\nWhat is truly unique about Riverhouse Phuket is its commitment to sustainability. Each home is fitted with solar panels that are part of an integrated system that helps power the entire development. Other innovations include an in-home dehumidifier that keeps residences free of fungus and smells without needing to use air conditioning.\n\n\nClick here for additional details\n\n\nMONO Luxury Villa Pasak\n\n\nStarts at:\n THB8.9\u00a0million\n\n\nHomes at MONO Luxury Villas come fully furnished and are move-in ready\n\n\nSituated close to Laguna Phuket, MONO Luxury Villa Pasak is a bespoke estate featuring fully furnished residences that are move-in ready. While homes here may be a but smaller than some of the others we have featured, this doesn\u2019t mean you are sacrificing quality. On the contrary, every villa here has a pool and the same level of amenities.\n\n\nThis makes it ideal for couples or entrepreneurs who want the privacy and space a villa provides without the extra bedrooms.\n\n\nClick here for additional details\n\n\nFind more amazing Phuket villas\n\n\nOur list is only a start, however. Thailand Property has numerous other amazing Phuket villas that are perfect for your unique WFH needs. \nFind yours today\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/amenities-look-new-condo", "title": "What amenities should you look for in a new condo?", "body": "\n\nA large swimming pool with a view is a great amenity, but only if you plan on using it\n\n\nIf you are planning on buying a new condo, price and location are leading your search. And this is understandable. Chances are you already have a good idea of where you want to live and how much you are willing to spend. But what happens when you find condos you like with similar asking prices?\n\n\nThis is when you need to start focusing in on a key aspect of new \ncondo projects\n: amenities. Amenities are spaces like a gym that offer residents a bonus for living there. Meanwhile, conveniences are little details that make life easier. These include things like parking spaces and other things on-site.\n\n\nSo with this in mind, what amenities matter most for new condo buyers when there are a lot of units to choose from? For starters, it\u2019s important to separate the ordinary from the extraordinary. For example, most new condo buildings have swimming pools. While some of these are nicer than others, a pool is no longer a unique amenity.\n\n\nHowever, a park or other large green space is an amenity that stands out. Most new condo developments are not blessed with a lot of room making it difficult to incorporate large, open green areas into the design. This is why many new condo buyers are quick to scoop up units in any development that has a park.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAnother popular amenity is the on-site convenience store or retail area. Nothing beats being able to grab a Coke or a late night snack without needing to venture out onto the streets. While the size of these can vary, we\u2019ve seen everything from small 7-11 outlets to full blown shopping malls, there is no doubt having at least a small store in your condo building makes life easier.\n\n\nWhat new condo amenities are overrated?\n\n\nThe single most overrated amenity in new condo buildings is the fitness centre. That\u2019s because these are small and serve no purpose if you already have a gym membership. Now, there are a few condo buildings that have proper fitness centres, but these are few and far between.\n\n\nAnother overrated amenity in condo buildings is the lobby. In reality, you\u2019ll spend little to no time your lobby so it doesn\u2019t really matter how big it is. While a luxurious lobby may catch your attention when looking for a new condo, be sure to consider its practical implications.\n\n\nReady to start your condo search? \nDot Property has thousands of listings at your disposal\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/amisa-private-residences-selected-philippines-peoples-choice-award-project-year-2022-a", "title": "AmiSa Private Residences selected as Philippines People\u2019s Choice Award for Project of the Year 2022", "body": "\n\n\n\nFor the second consecutive year, the Philippines People\u2019s Choice Award for Project of the Year is staying in Cebu. Some 12 months after Grand Residences Cebu from developer Grand Land was presented with the honor, RLC Residences\u2019 AmiSa Private Residences earned the affection of the public.\n\n\nOnline voting took place in September with the votes tallied shortly before the Dot Property Philippines Awards 2022 presentation ceremony in Metro Manila. After all was said and done, the exceptional AmiSa Private Residences was announced as the Philippines People\u2019s Choice Award for Project of the Year 2022.\n\n\nAmiSa Private Residences has proven to be a popular project with buyers seeking a place that could serve as both an upscale holiday home and sound investment. In fact, it\u2019s been so well received that \nRLC Residences recently decided to launch a fourth tower at the development\n which is located behind the Dusit Thani Mactan Resort on Mactan Island.\n\n\nPhilippines People\u2019s Choice Award for Project of the Year 2022 Finalists\n\n\n\n\nAmiSa Private Residences\n\n\nThe Piazza at The Grand Citygate Davao\n\n\nJoy Residences\n\n\nWoodsville Crest\n\n\nGold City\n\n\nAir Residences\n\n\nSierra Valley Gardens\n\n\nThe Sapphire Bloc\n\n\nCalm Residences\n\n\nGlade Residences\n\n\nLight 2 Residences\n\n\nPrimeworld Pointe\n\n\nCity Clou\n\n\n\n\nPark Cascades from Alveo Land won the inaugural People\u2019s Choice Award for Project of the Year at the Dot Property Philippines Awards 2019 while Grand Residences Cebu from Grand Land took home the honor in 2021. There was no winner in 2020 as the awards were postponed due to the COVID-19 pandemic.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRead More:\n \nSMDC and RLC Residences lead an impressive collection of winners at the Dot Property Philippines Awards 2022\n\n"} {"url": "https://www.dotproperty.com.my/blog/angsana-lang-co-central-vietnam-personal-paradise", "title": "Angsana L\u0103ng C\u00f4 in Central Vietnam is your personal paradise", "body": "\n\n\n\nThis story on Angsana L\u0103ng C\u00f4 is part of our Asia\u2019s Best Beaches\u2019 series that appears in the latest issue of Dot Property Magazine.\u00a0\nClick here to read it\n!\n\n\nHaving recently celebrated its 5\nth\u00a0\nanniversary, Angsana L\u0103ng C\u00f4 continues to introduce guests to charms of Central Vietnam. From the beautiful beach to a wide array of activities, a stay at the resort can be tailored to what you like best.\n\n\nAs more tourists flock to Southeast Asia, it is getting difficult to find those secluded beach getaways that made the region famous in the first place. With a record number of visitors heading to Phuket, Pattaya and Bali and Boracay closed for the foreseeable future, a destination such as L\u0103ng C\u00f4 in Central Vietnam is worth exploring if you want to get away from the crowds.\n\n\nSee more:\n \nAsia\u2019s Best Beaches \u2013 Central Vietnam\n\n\nThis was one of the aspects I enjoyed most about a recent stay at Angsana L\u0103ng C\u00f4. The layout of the property provides a level of serenity and peace that was astounding. I remember swimming in Canh Duong Beach, the hotel\u2019s private beach, with my wife and feeling as if we had the entire East Sea to ourselves.\n\n\nJust a few steps away from the golden sands and blue waters of the East Sea is the impressive 300-metre swimming pool at Angsana L\u0103ng C\u00f4. It wraps around the entire resort to ensure no room is very far from the water. Additionally, there are countless lounge chairs surrounding the pool area meaning you can always find a place to relax.\n\n\nAlways something to do\n\n\nThere are all kinds of fun things at the pool and beach to keep you and the family entertained. Inner tubes, water tennis, sand volleyball and all kinds of other goodies are available to use. If you\u2019re looking for something more adventurous, the Laguna Water Sports Centre is the place to go. You can checkout a kayak, hop on a jet ski or take advantage of a number of sporting options offered.\n\n\nSpeaking of sports, Angsana L\u0103ng C\u00f4 boasts an 18-hole championship golf course designed by the legendary Sir Nick Faldo. The course accommodates players of all levels and incorporates the stunning surroundings to create a unique environment. There are also tennis courts available as well as a fully-equipped fitness centre.\n\n\nAnd this is simply the tip of the iceberg when it comes to fun times. The resort organises all types of classes and events throughout the day. From cooking classes to hiking excursions, it\u2019s impossible to be bored. There is also a shuttle that can take you to the city of Hoi An where you can go sightseeing and enjoy some authentic Vietnamese cuisine.\n\n\nRetreat to the room\n\n\nTo say the rooms in the resort are spacious would be an understatement. With the smallest rooms coming in at 52 square metres and one-bedroom suites ranging from 90 to 102-square metres, the accommodations suit all types of travellers.\n\n\nThose wanting a romantic retreat can opt for the one-bedroom suite that is equipped with a plunge pool while families may find the courtyard suite, which has a private pool and sundeck, more to their liking.\n\n\nEach room comes with a modern bathroom that has a bathtub and modern finishes. All of the accommodations also have a private balcony where you can enjoy the scenery and even gaze out at the stars when it gets dark. I was also impressed by the speed of the Wi-Fi in the rooms. Despite being in a secluded location, there were no issues checking email and even streaming videos.\n\n\nMoomba, one of the restaurants at Angsana L\u0103ng C\u00f4\n\n\nDining delight\n\n\nI found all the dining options at Angsana L\u0103ng C\u00f4 to be nice, but my favourite was Moomba. Located behind the beach, you can enjoy your meal as the waves crash in the background. Be sure to try the fresh seafood. We had the steamed sea bass served with a mango and pomelo salad and it was a treat.\n\n\nOn the roof of Moomba is Upper Deck, a pleasant outdoor bar that is the perfect place to cap off a day in your personal paradise. You can order from the hotel\u2019s extensive wine list or indulge in any of your other favourites.\n\n\nFinal thoughts on\u00a0Angsana L\u0103ng C\u00f4\n\n\nAngsana L\u0103ng C\u00f4 really won me over. While it is a bit of a trek from Da Nang International Airport, the resort is an hour away by car, it is definitely worth the drive. In fact, on our way back to the airport, both me and my wife couldn\u2019t help but note how refreshed we felt after spending two nights in this paradise.\n\n\nFrom the outstanding staff to the unique experiences, Angsana L\u0103ng C\u00f4 is an ideal place to stay if you want to check out Central Vietnam or are looking for a new beach hideout in Southeast Asia.\n\n\nFor more information, please visit:\u00a0\nwww.angsana.com/en/vietnam/lang-co-central-vietnam\n\n"} {"url": "https://www.dotproperty.com.my/blog/apac-commercial-property-investors-eye-overseas-safe-havens", "title": "APAC commercial property investors eye overseas safe havens", "body": "\n\nAPAC commercial property investors scooped up assets in Singapore\n\n\nAPAC commercial property investors are placing their money in safe haven markets with the United Kingdom, United States and Singapore the top three destinations, according to research from Knight Frank. The consultancy found commercial transaction volumes in Asia-Pacific rose by eight percent year-on-year reaching USD53 billion during the first quarter. Even greater activity is predicted moving forward.\n\n\n\u201cEven with macroeconomic and geopolitical headwinds, investors have sustained their allocations to real estate in the last quarter. The fundamentals of investment market are sound, although growth rates are moderating on the back of higher borrowing cost and inflationary pressure. Acquisitions by Asia-Pacific REITs who are facing pressure to scale up will drive momentum in the coming year, and we expect activity to strengthen in the second half of 2022,\u201d Christine Li, Knight Frank Head of Research, Asia-Pacific, explained.\n\n\nRead More:\n\u00a0\nData centers primed to be the next big growth area for the Philippine real estate industry\n\n\nAccording to Knight Frank, South Korea, \nSingapore\n and \nAustralia\n were the most active among APAC commercial property investors. The office sector was their primary focus with transactions here accounting for around 41 percent of total investment volume. Industrial expenditure declined in the first quarter when compared to 2021, but there was a spike in hotel deals.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cWell-located, sustainable office assets remain highly sought-after by investors in the region, reflected in the elevated number of office deals transacted in the last quarter,\u201d Neil Brookes, Knight Frank Global Head of Capital Markets, reported. \u201cWith more Asian economies reopening, investors looking to move up the risk curve will increase their exposure in hospitality and retail assets in search of higher yields amid the recovery of these sectors.\u201d\n\n\nWith travel restrictions being eased, APAC commercial property investors will increase their deal making to close out the year. Singaporean outbound investment, in particular, bears watching.\n\n\n\u201cWith the easing of travel restrictions, Asia-Pacific investors are now able to travel more frequently to inspect deals, retracing their pre-pandemic steps globally. Singapore remains the powerhouse of the region, with one out of every two outbound deals involving Singaporean capital which is focused on the core markets of the UK, US and Australia, with allocations spread evenly across sectors,\u201d Brookes concluded.\n\n\nRelated:\u00a0\nNew survey finds investment sentiment towards Asia Pacific real estate remains positive\n\n"} {"url": "https://www.dotproperty.com.my/blog/applications-open-new-thailand-long-term-resident-visa-boi-hopes-success", "title": "Applications open for new Thailand Long-Term Resident Visa as BOI hopes for success", "body": "\n\nApplications for the Thailand Long-Term Resident Visa are now open\n\n\nAttempts at creating a successful Thailand Long-Term Resident Visa have proven to be problematic in the past. A \nTHB10 million investment visa implemented in 2014\n never received much traction. The SMART visa aimed at attracting talent to support the government\u2019s Thailand 4.0 initiative also struggled to get off the ground.\n\n\nThe Thailand Board of Investment (BOI) has worked with key stakeholders, including Thailand\u2019s foreign business community, to create a program it hopes will appeal to what the agency calls wealthy global citizens. The latest Thailand Long-Term Resident Visa is open to four groups with individuals in each one needing to meet certain financial requirements.\n\n\n\u201cThe LTR program is designed to further enhance the country\u2019s attractiveness as a regional hub for living and doing business for high-potential individuals in targeted groups, to facilitate their entry and stay, and to provide them with a range of tax and non-tax benefits,\u201d \nKhun Duangjai Asawachintachit, BOI Secretary-General, explained\n. \u201cMaking the hiring of foreign talent easier will certainly enhance the country\u2019s available talent tool and create more opportunities for technology and knowledge transfer to the Thai workforce.\u201d\n\n\nRelated:\n\u00a0\n4 Things To Know About Bangkok Condo Investment In 2022 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThailand Long-Term Resident Visa requirements\n\n\n\u201cThis represents a new approach to attract more long-term residents to Thailand that will help boost the Thai economy by spending and making investment in the country, as well as contributing professional skill transfer to drive new industries such as EV, smart electronics, and digital, and help move Thailand to the next level,\u201d M.L. Chayotid Kridakon, Thai Trade Representative and Advisor to the Prime Minister, stated. \u201cThe LTR visa is an important component of the Better and Green Thailand 2030 scheme.\u201d\n\n\nPerhaps the most notable aspect of the new Thailand Long-Term Resident Visa is that it is being fully overseen by the BOI with full support from the government. This means applicants will not have to deal with multiple agencies which should eliminate run around or uncertainty. In fact, all immigration and work permit facilitation services are set to be handled by the One Stop Service Center for Visa and Work Permit.\n\n\nApplications for the new Thailand Long-Term Resident Visa opened at the start of September. The BOI hopes the program brings in more than one million wealthy or highly skilled foreigners over the next five years.\n\n\nRead More:\n\u00a0\nExpat cost of living in most of Southeast Asia falls due to weakening currencies\n\n"} {"url": "https://www.dotproperty.com.my/blog/asia-boost-for-coassets", "title": "Asia boost for CoAssets", "body": "\n\n\n\nAustralian listed crowdfunding platform CoAssets, born in Singapore, will commence crowdfunding from June in addition to real estate crowdfunding.\n\n\nThe company has recently become a corporate authorised representative of Melbourne Securities Corporation, allowing CoAssets via its wholly owned Australian subsidiary, to target the burgeoning Australian business and real estate crowdfunding market.\n\n\nWhile the company has already been able to assist with financing needs of Australian real estate projects through the Singapore platform and from Singaporean investors, as well as projects in Thailand and Vietnam, the Australian platform will allow Australian businesses to turn to Australian investors for their funding needs. Australian retail and sophisticated investors will be able to access debt-based investment opportunities through the platform.\n\n\nThe company\u2019s unique Lead Generation platform model allows registered users the ability to view, research, and ultimately invest, in real estate or Small and Medium Enterprise (SME) debt instruments. The company is currently looking at its first business crowdfunding project in Australia.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAs the Company will commence operations in Australia, non-executive director Dan Smith will move to an executive role. As part of its expansion plans, Smith has been tasked with establishing the Australian operations team, and working alongside Singapore-based management, in leveraging the vast user network, to replicate the company\u2019s success in Australia.\n\n\nThe start of Australian operations will provide CoAssets with exposure to five key markets: Singapore, China, Indonesia, Australia and Malaysia.\n\n\nCo-founder Getty Goh, commenting on the Australian operations said: \u201cAs flagged back in November 2015, CoAssets sees its Australian operations as a key driver of future growth.\n\n\n\u201cThe company will now be operating its leading crowdfunding platform in five countries, targeting a combined population of more than 1.5 billion, and an addressable market estimated to be US$ 100 billion annually.\n\n\n\u201cThe Australian Government has set a big focus on innovation with crowdfunding and P2P lending being a part of this, and following our record of accomplishment in different countries, now is the right time to expand our offering in Australia.\n\n\nGoh added that Dan has been involved with the Company for 18 months, and he has played a key role in focusing the company\u2019s efforts in Australia.\n\n\n\u201cHis knowledge of the business, experience, and his enthusiasm to get more involved with day-to-day operations is crucial to our Australian success.\u201d\n\n\nExecutive Director of CoAssets, Dan Smith, added: \u201cWe are really excited about growing our business in Australia. We have a proven model, track record, and see significant potential in applying that same business model here in Australia. Australian investors are financially well educated, with an acute understanding of risk versus return; we feel that there will be strong interest for the type of opportunities found on our platform.\n\n\n\u201cWe are an alternative source of capital for Australian property developers and SMEs, and look forward to facilitating them with competitively priced capital in a timely fashion.\u201d\n\n\nThe timing of the Australian platform launch coincides with another key milestone, as the registered user base recently passed 44,000. The company continues to see strong organic growth in its user base, while also experiencing improved conversion rates thanks to big data analytics. Successful marketing activities, coupled with the Company\u2019s EPIC events and Crowdfunders magazine has ensured that the demand for capital via CoAssets matches the demand for yield from investors.\n\n"} {"url": "https://www.dotproperty.com.my/blog/asia-pacific-co-working-provider-great-room-acquired-us-based-firm", "title": "Asia-Pacific co-working provider The Great Room acquired by US-based firm", "body": "\n\nThe Great Room's popular location in Bangkok's Gaysorn Tower\n\n\nConsolidation in the co-working sphere continues after regional outfit The Great Room was acquired by Industrious, a US-based operator. The Great Room has facilities in Singapore, \nBangkok\n and Hong Kong with the brand known for its premium offerings and unique approach to flexible work.\n\n\n\u201cIndustrious has historically created spaces that focus on hospitality, quality, and service, which has enabled us to set a new standard for what the workplace should look and feel like,\u201d Jamie Hodari, CEO and co-Founder at Industrious, stated. \u201cWe are thrilled to bring on The Great Room within the Industrious ecosystem, especially given our aligned intent to provide high-quality, flexible workplaces. We look forward to expanding our offering on a global scale to better support work-from-anywhere models, while keeping our commitment to the highest customer satisfaction in the industry.\u201d\n\n\nFounded in 2016, The Great Room is based in \nSingapore\n and currently operates seven flexible workplace locations across Asia-Pacific. As part of the deal, it will continue to operate under its own brand which is set to be used in regional expansion efforts.\n\n\n\u201cWe are looking forward to joining Industrious and to growing our footprint in Asia-Pacific to best support emerging work models,\u201d Jaelle Ang, CEO and Co-founder of The Great Room, noted. \u201cWe are at the crossroads of a fundamental paradigm shift in how and where people work, a key element of which is the evolution of how companies think about the workplace.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nShe continued, \u201cThe Great Room was born to change the way people work, meet and socialize, and we look forward to the opportunity to influence new communities across Asia Pacific through our unique human-centric approach to design, hospitality and programming. Together with the visionaries at Industrious, The Great Room will be able to grow our Asia-Pacific footprint with pace and energy to meet the needs of an ever-evolving metropolitan workforce.\u201d\n\n\nRelated:\n\u00a0\nHere\u2019s how virtual offices are helping businesses unlock the potential of Malacca\n\n"} {"url": "https://www.dotproperty.com.my/blog/asia-pacific-transactions-dip", "title": "Asia-Pacific transactions dip", "body": "\n\n\n\nAsia Pacific\u2019s real estate transaction volumes during the first quarter of 2016 fell 5 percent from the same period a year earlier to US$ 23.7 billion, as weakness in Japan outweighed gains in Hong Kong, Australia and South Korea.\n\n\nVolumes in Japan, the region\u2019s biggest market, dropped 26 percent year-on-year but climbed 65 percent quarter-on-quarter to US$ 9.6 billion, according to real estate firm JLL\u2019s latest global capital flows data.\n\n\n\u201cThe BOJ\u2019s (Bank of Japan) decision to move to negative interest rate policy earlier this year caused some uncertainty,\u201d explained Megan Walters, Head of Asia Pacific Capital Markets research.\n\n\n\u201cA number of deals were pulled from the market to be refinanced.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nJapan\u2019s interest rates may move lower\n\n\nIn February, the BOJ surprised global markets by adopting a negative interest rate on excess reserves.\n\n\n\u201cWith little evidence of an improving economic outlook and the Yen climbing to its strongest level against the US dollar since 2014, the BOJ may potentially push interest rates further into negative territory,\u201d said Walters.\n\n\n\u201cNegative interest rates will continue to attract more equity investment as investors seek yielding assets,\u201d said Stuart Crow, Head of Asia Pacific Capital Markets.\n\n\n\u201cFund terminations expected in 2016 will support transaction volumes, although deal flow in certain markets remains limited.\u201d\n\n\nCross-border transaction volumes in Japan totalled US$ 3.2 billion in the quarter.\n\nAustralia, Hong Kong volumes rise\n\n\nElsewhere, Australia transaction volumes climbed 32 percent on the same period last year based on USD and 44 percent in AUD$. Foreign buyers accounted for around two-fifths of total transactions.\n\n\nIn China, volumes were 10 percent ahead of the same period last year despite the volatility seen in the country\u2019s financial markets at the start of 2016.\n\n\nHong Kong had a couple of big asset sales pushed volumes up 186 percent. China Everbright\u2019s US$ 1.3 billion purchase of Dah Sing Financial and LINK REIT\u2019s US$ 760 million acquisition from the Hong Kong Government supported the deal flow.\n\n\n\u201cInvestment appetite by Chinese investors showed no signs of abating after setting record transaction pricing in 2015,\u201d said Crow.\n\n\nIn South Korea volumes climbed 207 percent. The office sector saw strong activity, led by Alpha Investment Partners\u2019 acquisition of a Grade \u2018A\u2019 building (US$ 320 million) from two strata-title owners.\n\n\n\u201cThe pricing gap between buyers and sellers narrowed, which helped to boost volumes.\n\n\nMoving ahead JLL expects that\u00a0domestic investors to remain active purchasers and deal volumes to climb as landlords look to solidify profits given high vacancy rate and as the rate of capital value growth slows,\u201d added Walters.\n\n\nSubdued investment activity for Thailand in Q1\n\n\nDespite strong investor interest, Thailand had no direct commercial property investments recorded during the first quarter of 2016.\n\n\nSuphin Mechuchep, Managing Director of JLL in Thailand, said: \u201cBoth domestic and foreign investors have continued to show strong interest in acquiring good-quality commercial properties in Thailand, particularly office buildings in Bangkok. However, the country saw no direct real estate investment activity in the first quarter of this year due to the lack of assets put up for sale.\u201d\n\n\nThe most significant investment transaction recorded in the first quarter was the acquisition of a six-rai site on Silom Road in Bangkok by NYE Estate and Minor International Group on a 50-year lease term.\n\n\nThe transaction was concluded by JLL on behalf of the landlord. However, it was not included in JLL\u2019s Global Capital Flows, which excludes land transactions.\n\n\n\u201cNYE Estate and Minor International Group acquired only the land while the existing three office buildings on the site will be removed to make room for a new commercial development project,\u201d Suphin explained.\n\n\nIntra-regional flows jump\n\n\nIn light of global economic uncertainty, Asian investors preferred markets closer to home. This was evidenced by the jump in capital flows between countries within the region.\n\n\nIntra-regional buyer transaction volume rose to US$ 4 billion in the first three months of this year from US$ 1.1 billion the same period a year ago. This compares with inter-regional (international) purchaser capital flow, which fell by 74 percent to US$ 1.2 billion from US$ 4.7 billion.\n\n\n\u201cThe fact that more Asian investors have chosen to put their money within the region is indicative of a shift in global investment trends as the region moves towards a more aggressive expansionary monetary policy mode,\u201d said Walters.\n\n\n\u201cGoing forward, we could see more Asian capital staying within the region as a divide in global monetary policy continues with the US moving on to a restrictive policy approach.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/asia-pacific-winners-revealed", "title": "Asia Pacific winners revealed", "body": "\n\n\n\nThe winners have been revealed in the Asia Pacific categories of the International Property Awards, which took place in Kuala Lumpur, Malaysia, late last week.\n\n\nWinners in numerous categories collected either a \u2018Five-Star\u2019 or \u2018Highly Commended\u2019 accolade, while those chosen as \u2018Regional Nominees\u2019 will represent the region against the world in the International event later in the year.\n\n\nThe International Property Awards are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating in all sectors of the property and real estate industry. An International Property Award is considered to be a world-renowned mark of excellence.\n\n\nThe annual Asia Pacific awards event brings together the top players in real estate, architecture and interior design from 25 countries. Now in its 24th year they are the region\u2019s largest, most prestigious, and widely recognised awards programme.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nEntries are judged by an independent panel of 70 industry experts, who focus on design, quality, service, innovation, originality, and commitment to sustainability.\n\n\nHere are the list of regional nominees, as well as the five-star winners from each category.\n\n\n\u00a0\n\n\nREGIONAL NOMINEES\n\n\nBest Apartment Asia Pacific\n\n\nHBS View360\n\n\nHBS Realtors Pvt. Ltd.\n\n\n\u00a0\n\n\nBest Apartment Asia Pacific\n\n\nWindmill Upon Hills @ Genting Highlands\n\n\nPJ Development Holdings Berhad\n\n\n\u00a0\n\n\nBest Architecture Multiple Residence Asia Pacific\n\n\nThe Vista @ Sutera\n\n\nSwan & Maclaren Pte Ltd\n\n\n\u00a0\n\n\nBest Architecture Multiple Residence Asia Pacific\n\n\nThe Deck\n\n\nSomdoon Architects Ltd * Development by Sansiri PLC\n\n\n\u00a0\n\n\nBest Architecture Single Residence Asia Pacific\n\n\nPeacock and the Woods\n\n\nAijaz Hakim Architect\n\n\n\u00a0\n\n\nBest Architecture Single Residence Asia Pacific\n\n\nA2-House shell house\n\n\nArchitect Show Co., Ltd\n\n\n\u00a0\n\n\nBest Commercial High-rise Architecture Asia Pacific\n\n\nGreenland Huangpu Center\n\n\nGreenland Hong Kong Holdings Limited\n\n\n\u00a0\n\n\nBest Commercial High-rise Architecture Asia Pacific\n\n\nParagon @ Pan\u2019gaea\n\n\nOSK Property Holdings Berhad\n\n\n\u00a0\n\n\nBest Commercial High-rise Development Asia Pacific\n\n\n18 On Lan\n\n\nHenderson Land Development Co. Ltd. and Kwai Hung Group\n\n\n\u00a0\n\n\nBest Commercial High-rise Development Asia Pacific\n\n\nParagon @ Pan\u2019gaea\n\n\nOSK Property Holdings Berhad\n\n\n\u00a0\n\n\nBest Commercial Landscape Architecture Asia Pacific\n\n\nDesa ParkCity : Central Park and Primary Streetscape\n\n\nWalrus Design for Perdana ParkCity Sdn Bhd\n\n\n\u00a0\n\n\nBest Commercial Landscape Architecture Asia Pacific\n\n\nMandarin Oriental Hotel, Taipei\n\n\nWalrus Design for Kai Tai Fung International Company Ltd.\n\n\n\u00a0\n\n\nBest Condominium Asia Pacific\n\n\nPrincipal Garden\n\n\nUOL Group Limited & Kheng Leong Company\n\n\n\u00a0\n\n\nBest Condominium Asia Pacific\n\n\nTwinpalms Residences MontAzure\n\n\nKamala Beach Resort & Hotel Management Co., Ltd.\n\n\n\u00a0\n\n\nBest Developer Website Asia Pacific\n\n\nwww.bpmcorp.com.au\n\n\nBPM\n\n\n\u00a0\n\n\nBest Developer Website Asia Pacific\n\n\nwww.avidaland.com\n\n\nAvida Land Corp.\n\n\n\u00a0\n\n\nBest Development Marketing Asia Pacific\n\n\nPeel\n\n\nMilieu\n\n\n\u00a0\n\n\nBest Development Marketing Asia Pacific\n\n\nHBS Towers\n\n\nHBS Realtors Pvt. Ltd.\n\n\n\u00a0\n\n\nBest Golf Development Asia Pacific\n\n\nPrestige Golfshire\n\n\nPrestige Estates Projects Ltd.\n\n\n\u00a0\n\n\nBest Golf Development Asia Pacific\n\n\nThe Enclave\n\n\nPulai Springs Resort Berhad\n\n\n\u00a0\n\n\nBest Hotel Architecture Asia Pacific\n\n\nSt. Regis Hotel\n\n\nAedas\n\n\n\u00a0\n\n\nBest Hotel Architecture Asia Pacific\n\n\nTe Waonui Forest Retreat\n\n\nDalman Architecture\n\n\n\u00a0\n\n\nBest Hotel Interior Asia Pacific\n\n\nSheraton Shanghai Jiading Hotel\n\n\nPeddle Thorp Architects (SH)\n\n\n\u00a0\n\n\nBest Hotel Interior Asia Pacific\n\n\nThe St. Regis Langkawi\n\n\nIntegrated Nautical Resort Sdn. Bhd.\n\n\n\u00a0\n\n\nBest Industrial Development Asia Pacific\n\n\nPrimz Bizhub\n\n\nOKH Global Ltd.\n\n\n\u00a0\n\n\nBest Interior Design Apartment Asia Pacific\n\n\nThe Lake Dragon\n\n\nClifton Leung Design Workshop\n\n\n\u00a0\n\n\nBest Interior Design Apartment Asia Pacific\n\n\nYou City\n\n\nPJ Development Holdings Berhad\n\n\n\u00a0\n\n\nBest Interior Design Private Residence Asia Pacific\n\n\nSierra II Private Residence\n\n\nBe In Design Solutions Sdn Bhd\n\n\n\u00a0\n\n\nBest Interior Design Private Residence Asia Pacific\n\n\nThe Modern Chinoiserie House\n\n\nDesign Intervention Pte Ltd\n\n\n\u00a0\n\n\nBest Interior Design Show Home Asia Pacific\n\n\nOne Avighna Park\n\n\nAvighna India Ltd\n\n\n\u00a0\n\n\nBest Interior Design Show Home Asia Pacific\n\n\nDharmawangsa Residences II\n\n\nPrestige Global Designs Pte Ltd\n\n\n\u00a0\n\n\nBest Leisure Architecture Asia Pacific\n\n\nGrand Star Platinum Euroville\n\n\nSwan & Maclaren Pte Ltd\n\n\n\u00a0\n\n\nBest Leisure Architecture Asia Pacific\n\n\nGreen places Community Clubhouse\n\n\nCHAIN 10 URBAN SPACE DESIGN\n\n\n\u00a0\n\n\nBest Leisure Development Asia Pacific\n\n\nAndara Signature Resort & Villas\n\n\nAndamandara Development Co., Ltd.\n\n\n\u00a0\n\n\nBest Leisure Interior Asia Pacific\n\n\nThe Capital, Beijing Clubhouse, The Hong Kong Jockey Club\n\n\nInArc Design Hong Kong Limited\n\n\n\u00a0\n\n\nBest Leisure Interior Asia Pacific\n\n\nCarmen Futura\n\n\nAlexander Wong Architects Limited\n\n\n\u00a0\n\n\nBest Lettings Agency Asia Pacific\n\n\nBarfoot & Thompson\n\n\n\u00a0\n\n\nBest Lettings Agency Asia Pacific\n\n\nCBRE Philippines\n\n\n\u00a0\n\n\nBest Mixed-use Architecture Asia Pacific\n\n\nJewel\n\n\nWanda Ridong (Gold Coast) Development Pty. Ltd\n\n\n\u00a0\n\n\nBest Mixed-use Architecture Asia Pacific\n\n\nINFINITY ONE CONDOMINIUM\n\n\nCREATE GREAT DESIGN Company Limited\n\n\n\u00a0\n\n\nBest Mixed-use Development Asia Pacific\n\n\nDatum Jelatek\n\n\nDATUMCORP INTERNATIONAL S/B\n\n\n\u00a0\n\n\nBest Mixed-use Development Asia Pacific\n\n\nVinhomes Central Park\n\n\nVinGroup\n\n\n\u00a0\n\n\nBest Office Architecture Asia Pacific\n\n\nMain Building of Guangdong Macau Traditional Chinese Medicine Science and Technology Industrial Park\n\n\nAedas\n\n\n\u00a0\n\n\nBest Office Architecture Asia Pacific\n\n\nParagon @ Pan\u2019gaea\n\n\nOSK Property Holdings Berhad\n\n\n\u00a0\n\n\nBest Office Development Asia Pacific\n\n\nL&T Seawoods Grand Central\n\n\nL&T Seawoods Ltd.\n\n\n\u00a0\n\n\nBest Office Development Asia Pacific\n\n\nBlue Mountain Corporate Offices\n\n\nBlue Holdings (Pvt) Ltd\n\n\n\u00a0\n\n\nBest Office Interior Asia Pacific\n\n\nPeak One Sales Office\n\n\nFusion Design Ltd\n\n\n\u00a0\n\n\nBest Office Interior Asia Pacific\n\n\nPrestige Global Designs Showroom\n\n\nPrestige Global Designs Pte Ltd\n\n\n\u00a0\n\n\nBest Property Consultancy Asia Pacific\n\n\nJLL\n\n\n\u00a0\n\n\nBest Property Consultancy Asia Pacific\n\n\nCBRE Thailand\n\n\n\u00a0\n\n\nBest Property Consultancy Marketing Asia Pacific\n\n\nThe Pasco\n\n\nAssembly Branding\n\n\n\u00a0\n\n\nBest Property Consultancy Marketing Asia Pacific\n\n\nHahei Holiday Resort\n\n\nCBRE New Zealand\n\n\n\u00a0\n\n\nBest Property Consultancy Website Asia Pacific\n\n\nwww.savills.com.au\n\n\nSavills Australia\n\n\n\u00a0\n\n\nBest Property Consultancy Website Asia Pacific\n\n\nwww.cbre.co.th\n\n\nCBRE Thailand\n\n\n\u00a0\n\n\nBest Property Single Unit Asia Pacific\n\n\nParc Priva\n\n\nNYE Estate\n\n\n\u00a0\n\n\nBest Public Service Architecture Asia Pacific\n\n\nKellett School \u2013 Kowloon Bay Campus\n\n\nP&T Group\n\n\n\u00a0\n\n\nBest Public Service Architecture Asia Pacific\n\n\nSeh Tek Tong Cheah Kongsi Restoration Works\n\n\naLM Architects\n\n\n\u00a0\n\n\nBest Public Service Interior Asia Pacific\n\n\nFuji Xerox Towers\n\n\ndesignphase dba pte ltd\n\n\n\u00a0\n\n\nBest Public Service Interior Asia Pacific\n\n\nRMIT International University\n\n\nOUT-2 Design\n\n\n\u00a0\n\n\nBest Real Estate Agency Asia Pacific\n\n\nBarfoot & Thompson\n\n\n\u00a0\n\n\nBest Real Estate Agency Asia Pacific\n\n\nSavills Vietnam\n\n\n\u00a0\n\n\nBest Real Estate Agency Marketing Asia Pacific\n\n\nLa Maison & The Fabulist\n\n\nKay & Burton\n\n\n\u00a0\n\n\nBest Real Estate Agency Marketing Asia Pacific\n\n\nPrestige Real Estate International Ltd\n\n\n\u00a0\n\n\nBest Real Estate Agency Website Asia Pacific\n\n\nwww.uniqueestates.com.au\n\n\nUnique Estates Australia\n\n\n\u00a0\n\n\nBest Real Estate Agent Asia Pacific\n\n\nFenny Gunawan\n\n\nERA\n\n\n\u00a0\n\n\nBest Residential Development Asia Pacific\n\n\nThe Residences by Anantara\n\n\nMinor International PCL\n\n\n\u00a0\n\n\nBest Residential Development Asia Pacific\n\n\nThe Point\n\n\nVinaCapital Danang Golf Course Ltd\n\n\n\u00a0\n\n\nBest Residential High-rise Architecture Asia Pacific\n\n\nShanghai Bay\n\n\nHWCD\n\n\n\u00a0\n\n\nBest Residential High-rise Architecture Asia Pacific\n\n\nTao Zhu Yin Yuan\n\n\nBES Engineering Corporation\n\n\n\u00a0\n\n\nBest Residential High-rise Development Asia Pacific\n\n\nSerai\n\n\nBRDB Developments Sdn Bhd\n\n\n\u00a0\n\n\nBest Residential High-rise Development Asia Pacific\n\n\nLandmark 81\n\n\nVinGroup\n\n\n\u00a0\n\n\nBest Residential Landscape Architecture Asia Pacific\n\n\nPrincipal Garden\n\n\nUOL Group Limited & Kheng Leong Company\n\n\n\u00a0\n\n\nBest Residential Landscape Architecture Asia Pacific\n\n\nVinhomes Times City \u2013 Park Hill\n\n\nVinGroup\n\n\n\u00a0\n\n\nBest Residential Renovation/Redevelopment Asia Pacific\n\n\nHBS View360\n\n\nHBS Realtors Pvt. Ltd.\n\n\n\u00a0\n\n\nBest Retail Architecture Asia Pacific\n\n\nMOKO\n\n\nAedas\n\n\n\u00a0\n\n\nBest Retail Architecture Asia Pacific\n\n\nNorthwest Shopping Centre\n\n\nThe Buchan Group\n\n\n\u00a0\n\n\nBest Retail Development Asia Pacific\n\n\nL&T Seawoods Grand Central\n\n\nL&T Seawoods Ltd.\n\n\n\u00a0\n\n\nBest Retail Development Asia Pacific\n\n\nImago Mall\n\n\nAsian Pac Holdings Berhad\n\n\n\u00a0\n\n\nBest Retail Interior Asia Pacific\n\n\nDARRY RING JEWELRY SHOP\n\n\nOne Plus Partnership Limited\n\n\n\u00a0\n\n\nBest Retail Interior Asia Pacific\n\n\nThe Members Entrance, Happy Valley Racecourse, The Hong Kong Jockey Club\n\n\nInArc Design Hong Kong Limited\n\n\n\u00a0\n\n\nREAL ESTATE AWARDS\n\n\nBest Lettings Agency New Zealand\n\n\nBarfoot & Thompson\n\n\n\u00a0\n\n\nBest Lettings Agency Philippines\n\n\nCBRE Philippines\n\n\n\u00a0\n\n\nBest Lettings Agency Thailand\n\n\nCyansiam Company Ltd\n\n\n\u00a0\n\n\nBest Property Consultancy Australia\n\n\nCBRE\n\n\n\u00a0\n\n\nBest Property Consultancy China\n\n\nJLL\n\n\n\u00a0\n\n\nBest Property Consultancy Hong Kong\n\n\nJLL Hong Kong\n\n\n\u00a0\n\n\nBest Property Consultancy India\n\n\nJLL\n\n\n\u00a0\n\n\nBest Property Consultancy Indonesia\n\n\nPT Jones Lang LaSalle\n\n\n\u00a0\n\n\nBest Property Consultancy Japan\n\n\nJones Lang LaSalle\n\n\n\u00a0\n\n\nBest Property Consultancy New Zealand\n\n\nCBRE New Zealand\n\n\n\u00a0\n\n\nBest Property Consultancy Philippines\n\n\nCBRE Philippines\n\n\n\u00a0\n\n\nBest Property Consultancy Singapore\n\n\nCBRE Singapore\n\n\n\u00a0\n\n\nBest Property Consultancy South Korea\n\n\nJLL\n\n\n\u00a0\n\n\nBest Property Consultancy Taiwan\n\n\nCBRE Taiwan\n\n\n\u00a0\n\n\nBest Property Consultancy Thailand\n\n\nCBRE Thailand\n\n\n\u00a0\n\n\nBest Property Consultancy Vietnam\n\n\nSavills Vietnam\n\n\n\u00a0\n\n\nBest Property Consultancy Marketing Australia\n\n\nThe Pasco\n\n\nAssembly Branding\n\n\n\u00a0\n\n\nBest Property Consultancy Marketing Hong Kong\n\n\nThe Assembly\n\n\nIP Global\n\n\n\u00a0\n\n\nBest Property Consultancy Marketing New Zealand\n\n\nHahei Holiday Resort\n\n\nCBRE New Zealand\n\n\n\u00a0\n\n\nBest Property Consultancy Marketing Philippines\n\n\nEstancia Capital Commons\n\n\nCBRE Philippines\n\n\n\u00a0\n\n\nBest Property Consultancy Marketing Sri Lanka\n\n\nLake Corrido \u2013 Bolgoda\n\n\nBlue Mountain Properties (Pvt) Ltd\n\n\n\u00a0\n\n\nBest Property Consultancy Website Australia\n\n\nwww.savills.com.au\n\n\nSavills Australia\n\n\n\u00a0\n\n\nBest Property Consultancy Website Thailand\n\n\nwww.cbre.co.th\n\n\nCBRE Thailand\n\n\n\u00a0\n\n\nBest Real Estate Agency Australia\n\n\n1st City\n\n\n\u00a0\n\n\nBest Real Estate Agency China\n\n\nSavills China\n\n\n\u00a0\n\n\nBest Real Estate Agency India\n\n\nCushman & Wakefield India Pvt Ltd.\n\n\n\u00a0\n\n\nBest Real Estate Agency New Zealand\n\n\nBarfoot & Thompson\n\n\n\u00a0\n\n\nBest Real Estate Agency Philippines\n\n\nCBRE Philippines\n\n\n\u00a0\n\n\nBest Real Estate Agency Thailand\n\n\nCBRE Thailand\n\n\n\u00a0\n\n\nBest Real Estate Agency Vietnam\n\n\nSavills Vietnam\n\n\n\u00a0\n\n\nBest Real Estate Agency Marketing Australia\n\n\nLa Maison & The Fabulist\n\n\nKay & Burton\n\n\n\u00a0\n\n\nBest Real Estate Agency Marketing New Zealand\n\n\nPrestige Real Estate International Ltd\n\n\n\u00a0\n\n\nBest Real Estate Agency Marketing Philippines\n\n\nKMC MAG Group Marketing 2016\n\n\nKMC MAG Group\n\n\n\u00a0\n\n\nBest Real Estate Agency Website Australia\n\n\nwww.uniqueestates.com.au\n\n\nUnique Estates Australia\n\n\n\u00a0\n\n\nBest Real Estate Agent Indonesia\n\n\nFenny Gunawan\n\n\nERA\n\n\n\u00a0\n\n\nDEVELOPMENT AWARDS\n\n\nBest Apartment India\n\n\nHBS View360\n\n\nHBS Realtors Pvt. Ltd.\n\n\n\u00a0\n\n\nBest Apartment Malaysia\n\n\nWindmill Upon Hills @ Genting Highlands\n\n\nPJ Development Holdings Berhad\n\n\n\u00a0\n\n\nBest Commercial High-rise Development Hong Kong\n\n\n18 On Lan\n\n\nHenderson Land Development Co. Ltd. and Kwai Hung Group\n\n\n\u00a0\n\n\nBest Commercial High-rise Development Malaysia\n\n\nParagon @ Pan\u2019gaea\n\n\nOSK Property Holdings Berhad\n\n\n\u00a0\n\n\nBest Condominium Malaysia\n\n\nHarrington Suites\n\n\nInterland Properties Sdn Bhd\n\n\n\u00a0\n\n\nBest Condominium Singapore\n\n\nPrincipal Garden\n\n\nUOL Group Limited & Kheng Leong Company\n\n\n\u00a0\n\n\nBest Condominium Thailand\n\n\nTwinpalms Residences MontAzure\n\n\nKamala Beach Resort & Hotel Management Co., Ltd.\n\n\n\u00a0\n\n\nBest Condominium Vietnam\n\n\nFlora Sakura\n\n\nNam Long Investment Corporation\n\n\n\u00a0\n\n\nBest Developer Website Australia\n\n\nwww.bpmcorp.com.au\n\n\nBPM\n\n\n\u00a0\n\n\nBest Developer Website India\n\n\nwww.prestigeconstructions.com\n\n\nPrestige Estates Projects Ltd.\n\n\n\u00a0\n\n\nBest Developer Website Philippines\n\n\nwww.avidaland.com\n\n\nAvida Land Corp.\n\n\n\u00a0\n\n\nBest Development Marketing Australia\n\n\nPeel\n\n\nMilieu\n\n\n\u00a0\n\n\nBest Development Marketing Malaysia\n\n\nBSP 21\n\n\nLBS Bina Group Berhad\n\n\n\u00a0\n\n\nBest Development Marketing Sri Lanka\n\n\nGrandsburg\n\n\nBlue Mountain Apartments (Pvt) Ltd\n\n\n\u00a0\n\n\nBest Golf Development India\n\n\nPrestige Golfshire\n\n\nPrestige Estates Projects Ltd.\n\n\n\u00a0\n\n\nBest Golf Development Malaysia\n\n\nThe Enclave\n\n\nPulai Springs Resort Berhad\n\n\n\u00a0\n\n\nBest Industrial Development Singapore\n\n\nPrimz Bizhub\n\n\nOKH Global Ltd.\n\n\n\u00a0\n\n\nBest Leisure Development Malaysia\n\n\nLavile\n\n\nOrando Holdings Sdn Bhd\n\n\n\u00a0\n\n\nBest Leisure Development Thailand\n\n\nAndara Signature Resort & Villas\n\n\nAndamandara Development Co., Ltd.\n\n\n\u00a0\n\n\nBest Mixed-use Development China\n\n\nGreenland Huangpu Center\n\n\nGreenland Hong Kong Holdings Limited\n\n\n\u00a0\n\n\nBest Mixed-use Development India\n\n\nHBS City\n\n\nHBS Realtors Pvt. Ltd.\n\n\n\u00a0\n\n\nBest Mixed-use Development Indonesia\n\n\nUrban City @Metland Transyogi\n\n\nMetropolitan Land Tbk\n\n\nBest Mixed-use Development Malaysia\n\n\nDatum Jelatek\n\n\nDATUMCORP INTERNATIONAL S/B\n\n\n\u00a0\n\n\nBest Mixed-use Development Philippines\n\n\nFilinvest City\n\n\nFilinvest Alabang, Inc.\n\n\n\u00a0\n\n\nBest Mixed-use Development Singapore\n\n\nSouth Beach Mixed Use Development\n\n\nSouth Beach Consortium Pte Ltd\n\n\n\u00a0\n\n\nBest Mixed-use Development Thailand\n\n\nMontAzure\n\n\nKamala Beach Resort & Hotel Management Co., Ltd.\n\n\n\u00a0\n\n\nBest Mixed-use Development Thailand\n\n\nWhizdom 101\n\n\nMQDC Magnolia Quality Development Corporation\n\n\n\u00a0\n\n\nBest Mixed-use Development Vietnam\n\n\nVinhomes Central Park\n\n\nVinGroup\n\n\n\u00a0\n\n\nBest Office Development India\n\n\nL&T Seawoods Grand Central\n\n\nL&T Seawoods Ltd.\n\n\n\u00a0\n\n\nBest Office Development Philippines\n\n\nThe Finance Centre\n\n\nDaiichi Properties Inc.\n\n\n\u00a0\n\n\nBest Office Development Sri Lanka\n\n\nBlue Mountain Corporate Offices\n\n\nBlue Holdings (Pvt) Ltd\n\n\n\u00a0\n\n\nBest Property Single Unit India\n\n\nPrestige Silver Springs\n\n\nPrestige South City Holdings\n\n\n\u00a0\n\n\nBest Property Single Unit Malaysia\n\n\nVerge 32\n\n\nKCC Development (M) Sdn Bhd\n\n\n\u00a0\n\n\nBest Property Single Unit Thailand\n\n\nParc Priva\n\n\nNYE Estate\n\n\n\u00a0\n\n\nBest Residential Development Australia\n\n\nTip Top Brunswick East\n\n\nLittle Projects\n\n\n\u00a0\n\n\nBest Residential Development China\n\n\nPalais sur Montagne (Palaces on the Hill)\n\n\nBeijing Zhongjun Real Estate Development Co., Ltd\n\n\n\u00a0\n\n\nBest Residential Development India\n\n\nHBS Towers\n\n\nHBS Realtors Pvt. Ltd.\n\n\n\u00a0\n\n\nBest Residential Development Malaysia\n\n\nd\u2019Laman Greenville\n\n\nWCT Land Sdn Bhd\n\n\n\u00a0\n\n\nBest Residential Development Mongolia\n\n\nRiver Garden Residence\n\n\nNCD Group\n\n\n\u00a0\n\n\nBest Residential Development Thailand\n\n\nThe Residences by Anantara\n\n\nMinor International PCL\n\n\n\u00a0\n\n\nBest Residential Development Vietnam\n\n\nThe Point\n\n\nVinaCapital Danang Golf Course Ltd\n\n\n\u00a0\n\n\nBest Residential High-rise Development Australia\n\n\nCapitol Grand and LK Tower\n\n\nLK Property Group\n\n\n\u00a0\n\n\nBest Residential High-rise Development China\n\n\nGreenland Huangpu Center\n\n\nGreenland Hong Kong Holdings Limited\n\n\n\u00a0\n\n\nBest Residential High-rise Development India\n\n\nOne Avighna Park\n\n\nAvighna India Ltd\n\n\n\u00a0\n\n\nBest Residential High-rise Development Malaysia\n\n\nSerai\n\n\nBRDB Developments Sdn Bhd\n\n\n\u00a0\n\n\nBest Residential High-rise Development Myanmar\n\n\nRosehill Residences\n\n\nSoilbuild Group Holdings Ltd\n\n\n\u00a0\n\n\nBest Residential High-rise Development Philippines\n\n\nThe Radiance Manila Bay\n\n\nRobinsons Land Corporation\n\n\n\u00a0\n\n\nBest Residential High-rise Development Singapore\n\n\nPrincipal Garden\n\n\nUOL Group Limited & Kheng Leong Company\n\n\n\u00a0\n\n\nBest Residential High-rise Development Thailand\n\n\nThe Lofts Ekkamai\n\n\nRaimon Land PLC\n\n\n\u00a0\n\n\nBest Residential High-rise Development Vietnam\n\n\nLandmark 81\n\n\nVinGroup\n\n\n\u00a0\n\n\nBest Residential Renovation/Redevelopment India\n\n\nHBS View360\n\n\nHBS Realtors Pvt. Ltd.\n\n\n\u00a0\n\n\nBest Retail Architecture Malaysia\n\n\nImago Mall\n\n\nAsian Pac Holdings Berhad\n\n\n\u00a0\n\n\nBest Retail Development India\n\n\nL&T Seawoods Grand Central\n\n\nL&T Seawoods Ltd.\n\n\n\u00a0\n\n\nBest Retail Development Indonesia\n\n\nSummarecon Mal Serpong\n\n\nSummarecon Group\n\n\n\u00a0\n\n\nBest Retail Development Malaysia\n\n\nImago Mall\n\n\nAsian Pac Holdings Berhad\n\n\n\u00a0\n\n\nBest Retail Development New Zealand\n\n\nNorthwest Shopping Centre\n\n\nThe Buchan Group\n\n\n\u00a0\n\n\nBest Retail Development Thailand\n\n\nCentralPlaza Rayong\n\n\nCentral Pattana Public Company Limited\n\n\n\u00a0\n\n\nINTERIOR DESIGN AWARDS\n\n\nBest Hotel Interior China\n\n\nSheraton Shanghai Jiading Hotel\n\n\nPeddle Thorp Architects (SH)\n\n\n\u00a0\n\n\nBest Hotel Interior Hong Kong\n\n\nW Hong Kong\n\n\nGLAMOROUS co.,ltd.\n\n\n\u00a0\n\n\nBest Hotel Interior Malaysia\n\n\nThe St. Regis Langkawi\n\n\nIntegrated Nautical Resort Sdn. Bhd.\n\n\n\u00a0\n\n\nBest Hotel Interior Maldives\n\n\nCheval Blanc Randheli\n\n\nDenniston\n\n\n\u00a0\n\n\nBest Hotel Interior Tajikistan\n\n\nSheraton Hotel\n\n\nareen hospitality\n\n\n\u00a0\n\n\nBest Interior Design Apartment Australia\n\n\nBalmoral Apartment\n\n\nDesign Intervention Pte Ltd\n\n\n\u00a0\n\n\nBest Interior Design Apartment China\n\n\nThe Lake Dragon\n\n\nClifton Leung Design Workshop\n\n\n\u00a0\n\n\nBest Interior Design Apartment Hong Kong\n\n\nCitypoint\n\n\nGrande Development Limited\n\n\n\u00a0\n\n\nBest Interior Design Apartment India\n\n\nPrestige Kingfisher Towers \u2013 Apt\n\n\nMorph Design Company\n\n\n\u00a0\n\n\nBest Interior Design Apartment Indonesia\n\n\nDharmawangsa Residences II\n\n\nPrestige Global Designs Pte Ltd\n\n\n\u00a0\n\n\nBest Interior Design Apartment Malaysia\n\n\nYou City\n\n\nPJ Development Holdings Berhad\n\n\n\u00a0\n\n\nBest Interior Design Apartment Singapore\n\n\nMount Faber Apartment\n\n\nDesign Intervention Pte Ltd\n\n\n\u00a0\n\n\nBest Interior Design Private Residence Australia\n\n\nLouisa Road\n\n\ndesign4space\n\n\n\u00a0\n\n\nBest Interior Design Private Residence Hong Kong\n\n\nThe Vineyard\n\n\nAnson Cheng Interior Design Ltd.\n\n\n\u00a0\n\n\nBest Interior Design Private Residence India\n\n\nGunjay Villa\n\n\nThe BNK Group\n\n\n\u00a0\n\n\nBest Interior Design Private Residence Indonesia\n\n\nDharmawangsa Residences II\n\n\nPrestige Global Designs Pte Ltd\n\n\n\u00a0\n\n\nBest Interior Design Private Residence Malaysia\n\n\nSierra II Private Residence\n\n\nBe In Design Solutions Sdn Bhd\n\n\n\u00a0\n\n\nBest Interior Design Private Residence Singapore\n\n\nThe Modern Chinoiserie House\n\n\nDesign Intervention Pte Ltd\n\n\n\u00a0\n\n\nBest Interior Design Private Residence Taiwan\n\n\nOrigami Chatter House\n\n\nSimple Brilliance Architecture Interior Design\n\n\n\u00a0\n\n\nBest Interior Design Show Home China\n\n\nHanking Peak Boulevard\n\n\nLWMA\n\n\n\u00a0\n\n\nBest Interior Design Show Home Hong Kong\n\n\nThe Graces Residence\n\n\nPTang Studio Ltd.\n\n\n\u00a0\n\n\nBest Interior Design Show Home India\n\n\nOne Avighna Park\n\n\nAvighna India Ltd\n\n\n\u00a0\n\n\nBest Interior Design Show Home Indonesia\n\n\nDharmawangsa Residences II\n\n\nPrestige Global Designs Pte Ltd\n\n\n\u00a0\n\n\nBest Interior Design Show Home Malaysia\n\n\nCorallia\n\n\nLBS Bina Group Berhad\n\n\n\u00a0\n\n\nBest Interior Design Show Home Philippines\n\n\nFame Residences Showroom\n\n\nSM Development Corporation\n\n\n\u00a0\n\n\nBest Interior Design Show Home Singapore\n\n\nD\u2019Leedon Garden Villa \u2013 Exquisite Couture\n\n\nCynosure Design Pte Ltd\n\n\n\u00a0\n\n\nBest Interior Design Show Home Sri Lanka\n\n\nBlue Mountain \u2013 Luxury Show Apartment\n\n\nBlue Mountain Apartments (Pvt) Ltd\n\n\n\u00a0\n\n\nBest Interior Design Show Home Thailand\n\n\nParc Priva\n\n\nNYE Estate\n\n\n\u00a0\n\n\nBest Leisure Interior Australia\n\n\nSoho in Balmain\n\n\ndesign4space\n\n\n\u00a0\n\n\nBest Leisure Interior China\n\n\nThe Capital, Beijing Clubhouse, The Hong Kong Jockey Club\n\n\nInArc Design Hong Kong Limited\n\n\n\u00a0\n\n\nBest Leisure Interior Hong Kong\n\n\nCarmen Futura\n\n\nAlexander Wong Architects Limited\n\n\n\u00a0\n\n\nBest Leisure Interior Thailand\n\n\nHavana Social\n\n\nSoho Hospitality\n\n\n\u00a0\n\n\nBest Leisure Interior Vietnam\n\n\nALMAZ Entertainment Complex\n\n\nOUT-2 Design\n\n\n\u00a0\n\n\nBest Office Interior Azerbaijan\n\n\nMedia Center Office\n\n\nInterior Services\n\n\n\u00a0\n\n\nBest Office Interior China\n\n\nABB Chengdu Ltd\n\n\nDPWT Design Ltd\n\n\n\u00a0\n\n\nBest Office Interior Hong Kong\n\n\nPeak One Sales Office\n\n\nFusion Design Ltd\n\n\n\u00a0\n\n\nBest Office Interior Malaysia\n\n\nInterior Design & Fit-out Works for Tradewinds Corporation Berhad\n\n\nSW1 Solutions Sdn Bhd\n\n\n\u00a0\n\n\nBest Office Interior Philippines\n\n\nAvida Headquarters\n\n\nAvida Land Corp.\n\n\n\u00a0\n\n\nBest Office Interior Singapore\n\n\nPrestige Global Designs Showroom\n\n\nPrestige Global Designs Pte Ltd\n\n\n\u00a0\n\n\nBest Office Interior Thailand\n\n\nCovestro (Thailand) Co.,Ltd.\n\n\nSense Sign Co.,Ltd\n\n\n\u00a0\n\n\nBest Public Service Interior China\n\n\nTang Foundation\n\n\nWoods Bagot Architectural Design Consultants (Shanghai) Company Limited\n\n\n\u00a0\n\n\nBest Public Service Interior Singapore\n\n\nFuji Xerox Towers\n\n\ndesignphase dba pte ltd\n\n\n\u00a0\n\n\nBest Public Service Interior Thailand\n\n\nPMK Dialysis Center\n\n\nBareo co., LTD.\n\n\n\u00a0\n\n\nBest Public Service Interior Vietnam\n\n\nRMIT International University\n\n\nOUT-2 Design\n\n\n\u00a0\n\n\nBest Retail Interior China\n\n\nDARRY RING JEWELRY SHOP\n\n\nOne Plus Partnership Limited\n\n\n\u00a0\n\n\nBest Retail Interior Hong Kong\n\n\nThe Members Entrance, Happy Valley Racecourse, The Hong Kong Jockey Club\n\n\nInArc Design Hong Kong Limited\n\n\n\u00a0\n\n\nBest Retail Interior Singapore\n\n\nHairhaus\n\n\nUrban Habitat Design Pte Ltd\n\n\n\u00a0\n\n\nARCHITECTURE AWARDS\n\n\nBest Architecture Multiple Residence India\n\n\nHBS Towers\n\n\nHBS Realtors Pvt. Ltd.\n\n\n\u00a0\n\n\nBest Architecture Multiple Residence Malaysia\n\n\nThe Vista @ Sutera\n\n\nSwan & Maclaren Pte Ltd\n\n\n\u00a0\n\n\nBest Architecture Multiple Residence Singapore\n\n\nOne Surin\n\n\nA_Collective Architects\n\n\n\u00a0\n\n\nBest Architecture Multiple Residence Thailand\n\n\nThe Deck\n\n\nSomdoon Architects Ltd * Development by Sansiri PLC\n\n\n\u00a0\n\n\nBest Architecture Single Residence Australia\n\n\nCurva House\n\n\nLSA Architects\n\n\n\u00a0\n\n\nBest Architecture Single Residence India\n\n\nPeacock and the Woods\n\n\nAijaz Hakim Architect\n\n\n\u00a0\n\n\nBest Architecture Single Residence Indonesia\n\n\nJ House \u2013 Modern Tropical House\n\n\nESPERTA architecture & interior\n\n\n\u00a0\n\n\nBest Architecture Single Residence Japan\n\n\nA2-House shell house\n\n\nArchitect Show Co., Ltd\n\n\n\u00a0\n\n\nBest Architecture Single Residence Malaysia\n\n\nPavilion Ponderosa\n\n\nPCA Architecture\n\n\n\u00a0\n\n\nBest Architecture Single Residence Singapore\n\n\nVilla Mistral\n\n\nMercurio Design Lab Srl\n\n\n\u00a0\n\n\nBest Commercial High-rise Architecture China\n\n\nGreenland Huangpu Center\n\n\nGreenland Hong Kong Holdings Limited\n\n\n\u00a0\n\n\nBest Commercial High-rise Architecture Malaysia\n\n\nParagon @ Pan\u2019gaea\n\n\nOSK Property Holdings Berhad\n\n\n\u00a0\n\n\nBest Commercial Landscape Architecture India\n\n\nHyatt Place, Goa\n\n\nLandscape Tectonix Ltd\n\n\n\u00a0\n\n\nBest Commercial Landscape Architecture Malaysia\n\n\nDesa ParkCity : Central Park and Primary Streetscape\n\n\nWalrus Design for Perdana ParkCity Sdn Bhd\n\n\n\u00a0\n\n\nBest Commercial Landscape Architecture Philippines\n\n\nSouth Park District\n\n\nAvida Land Corp.\n\n\n\u00a0\n\n\nBest Commercial Landscape Architecture Singapore\n\n\nHoliday Inn Express, Clarke Quay\n\n\nONG&ONG Pte Ltd\n\n\n\u00a0\n\n\nBest Commercial Landscape Architecture Taiwan\n\n\nMandarin Oriental Hotel, Taipei\n\n\nWalrus Design for Kai Tai Fung International Company Ltd.\n\n\n\u00a0\n\n\nBest Development Marketing India\n\n\nHBS Towers\n\n\nHBS Realtors Pvt. Ltd.\n\n\n\u00a0\n\n\nBest Hotel Architecture China\n\n\nSt. Regis Hotel\n\n\nAedas\n\n\n\u00a0\n\n\nBest Hotel Architecture India\n\n\nRadisson Blu Resort & Spa Karjat\n\n\nChapman Taylor India LLP\n\n\n\u00a0\n\n\nBest Hotel Architecture Malaysia\n\n\nThe St. Regis Langkawi\n\n\nIntegrated Nautical Resort Sdn. Bhd.\n\n\n\u00a0\n\n\nBest Hotel Architecture New Zealand\n\n\nTe Waonui Forest Retreat\n\n\nDalman Architecture\n\n\n\u00a0\n\n\nBest Hotel Architecture Thailand\n\n\nGrande Centre Point Thonglor\n\n\nPalmer&Turner (Thailand) Ltd.\n\n\n\u00a0\n\n\nBest Hotel Architecture Vietnam\n\n\nAlma Resort\n\n\nONG&ONG Pte Ltd\n\n\n\u00a0\n\n\nBest Leisure Architecture Cambodia\n\n\nGrand Star Platinum Euroville\n\n\nSwan & Maclaren Pte Ltd\n\n\n\u00a0\n\n\nBest Leisure Architecture Hong Kong\n\n\nZCB Bamboo Pavilion\n\n\nby Client: Construction Industry Council\u2019s ZCB * Designer: Chinese University of Hong Kong, * School of Architecture\n\n\n\u00a0\n\n\nBest Leisure Architecture Indonesia\n\n\nGo!Wet Water Adventure\n\n\nSinar Mas Land\n\n\n\u00a0\n\n\nBest Leisure Architecture Japan\n\n\nTerrace Building & Hill Top Building\n\n\nKey Operation Inc. / Architects\n\n\n\u00a0\n\n\nBest Leisure Architecture Philippines\n\n\nWANAKASA: Forest in the Mist\n\n\nEdward Co Tan + Architects\n\n\n\u00a0\n\n\nBest Leisure Architecture Taiwan\n\n\nGreen places Community Clubhouse\n\n\nCHAIN 10 URBAN SPACE DESIGN\n\n\n\u00a0\n\n\nBest Leisure Architecture Vietnam\n\n\nAlma Resort\n\n\nONG&ONG Pte Ltd\n\n\n\u00a0\n\n\nBest Mixed-use Architecture Australia\n\n\nJewel\n\n\nWanda Ridong (Gold Coast) Development Pty. Ltd\n\n\n\u00a0\n\n\nBest Mixed-use Architecture China\n\n\nVanke Charm City\n\n\nPH Alpha Design Limited\n\n\n\u00a0\n\n\nBest Mixed-use Architecture Indonesia\n\n\nHabitat \u2013 Lagoi Bay\n\n\nIndo Primer Properti\n\n\nBest Mixed-use Architecture Malaysia\n\n\nDatum Jelatek\n\n\nDATUMCORP INTERNATIONAL S/B\n\n\n\u00a0\n\n\nBest Mixed-use Architecture Singapore\n\n\nSouth Beach Mixed Use Development\n\n\nSouth Beach Consortium Pte Ltd\n\n\n\u00a0\n\n\nBest Mixed-use Architecture South Korea\n\n\nCha Bio Complex\n\n\nKMD Architects\n\n\n\u00a0\n\n\nBest Mixed-use Architecture Thailand\n\n\nINFINITY ONE CONDOMINIUM\n\n\nCREATE GREAT DESIGN Company Limited\n\n\n\u00a0\n\n\nBest Office Architecture Cambodia\n\n\nJSM Corporate Office & Training Centre\n\n\nOUT-2 Design\n\n\n\u00a0\n\n\nBest Office Architecture China\n\n\nMain Building of Guangdong Macau Traditional Chinese Medicine Science and Technology Industrial Park\n\n\nAedas\n\n\n\u00a0\n\n\nBest Office Architecture Hong Kong\n\n\nGlobal Trade Square\n\n\nHenderson Land Development Co. Ltd. *2nd line pls* Hip Shing Hong (Holdings) Co. Ltd.\n\n\n\u00a0\n\n\nBest Office Architecture India\n\n\nPunjab Kesari Headquarters\n\n\nStudio Symbiosis\n\n\n\u00a0\n\n\nBest Office Architecture Indonesia\n\n\nDuta Indah Iconic Office Park\n\n\nPT Indomegah Cipta Bangun Citra\n\n\n\u00a0\n\n\nBest Office Architecture Malaysia\n\n\nParagon @ Pan\u2019gaea\n\n\nOSK Property Holdings Berhad\n\n\n\u00a0\n\n\nBest Office Architecture Philippines\n\n\nMegawide Construction Corp. Headquarters\n\n\nEdward Co Tan + Architects\n\n\n\u00a0\n\n\nBest Office Architecture South Korea\n\n\nSeoul Mapo Post Office\n\n\nHaenglim Architecture & Engineering Co. Ltd\n\n\n\u00a0\n\n\nBest Office Architecture Taiwan\n\n\n139 NTC National Trade Center\n\n\nAedas\n\n\n\u00a0\n\n\nBest Public Service Architecture China\n\n\nLibrary of Chongqing Real Estate College\n\n\nPH Alpha Design Limited\n\n\n\u00a0\n\n\nBest Public Service Architecture Hong Kong\n\n\nKellett School \u2013 Kowloon Bay Campus\n\n\nP&T Group\n\n\n\u00a0\n\n\nBest Public Service Architecture Malaysia\n\n\nSeh Tek Tong Cheah Kongsi Restoration Works\n\n\naLM Architects\n\n\n\u00a0\n\n\nBest Public Service Architecture South Korea\n\n\nUlsan City Library\n\n\nHaenglim Architecture & Engineering Co. Ltd\n\n\n\u00a0\n\n\nBest Public Service Architecture Thailand\n\n\nSetthasiri Ratchaphruek \u2013 Charan\n\n\nSansiri PLC\n\n\n\u00a0\n\n\nBest Residential High-rise Architecture Australia\n\n\nV by Crown Group\n\n\nCrown Group\n\n\n\u00a0\n\n\nBest Residential High-rise Architecture China\n\n\nShanghai Bay\n\n\nHWCD\n\n\n\u00a0\n\n\nResidential High-rise Architecture Hong Kong\n\n\nThe Wings II\n\n\nP&T Group\n\n\n\u00a0\n\n\nBest Residential High-rise Architecture India\n\n\nHBS Towers\n\n\nHBS Realtors Pvt. Ltd.\n\n\n\u00a0\n\n\nBest Residential High-rise Architecture Malaysia\n\n\nI-Santorini\n\n\nIdeal Property Group\n\n\n\u00a0\n\n\nBest Residential High-rise Architecture Singapore\n\n\nEchelon\n\n\nFreshview Developments Pte Ltd\n\n\n\u00a0\n\n\nBest Residential High-rise Architecture Taiwan\n\n\nTao Zhu Yin Yuan\n\n\nBES Engineering Corporation\n\n\n\u00a0\n\n\nBest Residential High-rise Architecture Thailand\n\n\nThe Portrait Condominium\n\n\nstu/D/O\n\n\n\u00a0\n\n\nBest Residential Landscape Architecture India\n\n\nOne Avighna Park\n\n\nAvighna India Ltd\n\n\n\u00a0\n\n\nBest Residential Landscape Architecture Malaysia\n\n\nAstoria Ampang\n\n\nLand & General Berhad\n\n\n\u00a0\n\n\nBest Residential Landscape Architecture Philippines\n\n\nShell Residences\n\n\nSM Development Corporation\n\n\n\u00a0\n\n\nBest Residential Landscape Architecture Singapore\n\n\nPrincipal Garden\n\n\nUOL Group Limited & Kheng Leong Company\n\n\n\u00a0\n\n\nBest Residential Landscape Architecture Vietnam\n\n\nVinhomes Times City \u2013 Park Hill\n\n\nVinGroup\n\n\n\u00a0\n\n\nBest Retail Architecture Hong Kong\n\n\nMOKO\n\n\n\u00a0\n\n\nBest Retail Architecture New Zealand\n\n\nNorthwest Shopping Centre\n\n\nThe Buchan Group\n\n"} {"url": "https://www.dotproperty.com.my/blog/asia-roadshows-for-sydneys-v-2", "title": "Asia roadshows for Sydney\u2019s V", "body": "\n\n\n\nAustralian developer Crown Group has partnered with Jones Lang Lasalle to release the final residences at V by Crown Group to potential buyers in three Asian cities: Hong Kong, Kuala Lumpur and Shanghai.\n\n\nDesigned by the award-winning, Sydney-based Allen Jack + Cottier architects along with Koichi Takada, V by Crown Group (pictured) is a stunning tower of apartments in Parramatta with sweeping views across Sydney\u2019s skyline and the Heritage Parklands.\n\n\nKnown as Parramatta\u2019s vertical village, V by Crown Group features an iconic 29-story tower offering 590 luxury apartments situated atop a lively ground-level retail piazza with al fresco dining and shops. The tower enjoys an ideal location at the intersection of Macquarie and Marsden streets, within easy walking distance from the new Parramatta Square, the train station, and the Heritage Parklands.\n\n\nCrown Group has joined JLL to offer three exclusive events for potential buyers in Hong Kong, Kuala Lumpur and Shanghai. Interest in V by Crown Group has been keen, especially amongst business executives, foreign investors seeking to lock in a luxury residence in a high-growth area, as well as people looking to downsize while staying in a vibrant, urban area.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cThere is strong demand in the Sydney market for luxury, turnkey living in central locations,\u201d said Prisca Edwards, Project Director, Sales and Global Capital of Crown Group Australia.\n\n\n\u201cWith stunning, high-end interiors and shared, five-star resort-style amenities and services, V by Crown Group is truly the cream of the crop for urban living in New South Wales.\u201d\n\n\nV by Crown Group offers a mix of one, two and three-bedroom apartments, executive studios and exclusive penthouses. Features include stunning floor-to-ceiling windows and outdoor balconies along with high-end appliances, fixtures and finishes.\n\n\nPrices start from AUD $ 556,000 rising to AUD$ 2.42 million.\n\n"} {"url": "https://www.dotproperty.com.my/blog/asian-prices-underperforming", "title": "Asian prices underperforming", "body": "\n\n\n\nNew research has revealed that Asian mainstream residential property markets recorded only 1.9 percent annual price growth, lower than the global average of 3 percent.\n\n\nTurkey, meanwhile, topped the chart and saw property prices rise by 18 percent during 2015 as the country is increasingly viewed as a safe haven for Middle Eastern investors.\n\n\nIn its \nGlobal Price Index research report for Q4 2015\n, real estate firm Knight Frank monitored and compared the performance of mainstream residential markets in 55 countries. The Index increased by 3 percent during 2015, up from 2.3 percent in 2014. Concerns over the global economy in 2015 failed to dent buyer confidence; instead the lingering low interest rate environment influenced sentiment.\n\n\nA total of 43 of the 55 housing markets tracked in the Global House Price Index saw prices rise, up from 10 countries in the aftermath of the Lehman\u2019s collapse in September 2008.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe company noted that Belgium and New Zealand were the least affordable countries when house prices are compared to incomes. Ukraine and Greece were the weakest housing markets in 2015, recording prices falls of 12 percent and 5 percent respectively.\n\n\nNicholas Holt, Head of Research for Asia Pacific, said: \u201cLast year saw Asian mainstream residential markets recorded only 1.9 percent annual price growth, lower than the global average of 3 percent.\n\n\n\u201cWhile a number of markets experienced positive growth, Taiwan and Singapore, which have seen negative growth for a number of quarters, were joined by Hong Kong this quarter, which saw its residential market decline by 3.7 percent during Q4 2015.\n\n\n\u201cWhile long-term growth prospects remain positive, the continued economic uncertainty in the region is likely to weigh on housing market sentiment in the near term.\u201d\n\n\nKate Everett-Allen, Partner, International Residential Research, Knight Frank, added: \u201cAlthough house prices in Hong Kong increased in 2015, the rate of growth has slowed significantly from 17 percent in the year to September, to 7 percent in the year to December 2015. The slower rate of growth is attributable to rising supply (more than 11,200 homes were completed in 2015), as well as China\u2019s financial market volatility and the expectation of increasing interest rates.\u201d\n\n\nData from China\u2019s National Bureau of Statistics shows house prices rose marginally in 2015 (0.4 percent) having reached their peak in the first quarter of 2014. Cities such as Shenzhen and Shanghai continue to outperform the national average due in part to favourable government policies and strong demand in first-tier cities.\n\n\nAustralasia was the strongest-performing world region in 2015, buoyed by the strong performance of New Zealand and Australia, both of which saw annual price growth in excess of 10 percent.\n\n\nHousing affordability, or the lack of it, is rising up policymakers\u2019 agendas worldwide. According to the latest data from the OECD, which measures house prices against incomes for 24 of its 34 members, Belgium and New Zealand are currently the world\u2019s least affordable markets, whilst home ownership is most accessible in South Korea and Japan.\n\n\nEverett-Allen said: \u201cOur outlook for 2016 is muted. We expect the index\u2019s overall rate of growth to be weaker in 2016 than in 2015. The global economy is experiencing a potentially dangerous cocktail of low oil prices, a strong dollar and a continued slowdown in China.\u201d\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/asian-property-prices-slowing", "title": "Asian property prices slowing", "body": "\n\n\n\nAsian property markets are losing momentum, according to \nnew research published by The Global Property Guide\n.\n\n\nThe influential website noted how the world\u2019s housing markets are now two-tiered, with most of Europe and North America still experiencing strong house price rises while Asia and the Middle East are slowing sharply. It named the five strongest housing markets in its global survey for 2015 as Turkey (+14.32 percent), Sweden (+12.34 percent), Qatar (+10.61 percent), China (+9.12 percent) and Romania (+7.74 percent).\n\n\nThe biggest year-on-year house-price declines, it said, were in Russia (-15.35 percent), Egypt (-14.22 percent), the UAE (-14.09 percent) and Puerto Rico (-14.09 percent).\n\n\nDuring 2015 house prices rose in 33 out of the 44 world\u2019s housing markets which have published housing statistics using inflation-adjusted figures. The more upbeat nominal figures, more familiar to the public, showed house price rises in 34 countries and declines in 10 countries, it said.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIt noted that Asian housing markets are losing steam, except in China. Seven of the ten Asian markets for which figures are available saw house price increases during 2015, but these were mostly modest increases with only China\u2019s performance very strong. Moreover, only three performed better in 2015 than the previous year.\n\n\nChina\u2019s housing market soared to new highs, after many government measures to support the housing market. In Shanghai the price index of second-hand houses rose by 9.12 percent in 2015, in sharp contrast to a decline of 2.89 percent the previous year. During the latest quarter, house prices in Shanghai rose by 3.79 percent.\n\n\nThe Philippines\u2019 housing market is also slowing, despite strong economic growth. The average price of 3-bedroom condominium units in Makati\u2019s CBD rose by 2.96 percent during 2015, down from increases of 4.29 percent in 2014, 9.86 percent in 2013 and 4.87 percent in 2012. Housing prices dropped 0.84 percent q-o-q during Q4 2015.\n\n\nSouth Korea\u2019s nationwide housing purchase price index rose by a modest 2.25 percent in 2015, an improvement from the rise of 0.82 percent in 2014 and the biggest y-o-y rise in since 2006 amidst low interest rates and relaxed mortgage lending rules. House prices increased by 0.7 percent q-o-q during the latest quarter.\n\n\nAsian housing markets with minimal house price rises included Thailand, with house prices rising by 1.98 percent during 2015, Tokyo, Japan (0.92 percent), Vietnam (0.86 percent) and Hong Kong (0.05 percent). All, except Japan and Hong Kong recorded positive quarter-on-quarter growth in Q4 2015. However, all showed weaker performance in 2015 compared to the previous year.\n\n"} {"url": "https://www.dotproperty.com.my/blog/asias-best-beaches-central-vietnam", "title": "Asia\u2019s Best Beaches \u2013 Central Vietnam", "body": "\n\n\n\nThis story on Central Vietnam is part of our Asia\u2019s Best Beaches\u2019 series that appears in the latest issue of Dot Property Magazine.\u00a0\nClick here to read it\n!\n\n\nIf you enjoy the beach, there are plenty of them around Da Nang in Central Vietnam. Some 92 kilometres of coastline can be found north and south of the city, all of which are clean and fairly quiet. The waters of the East Sea, as it is called in Vietnam, are clear and beautiful, but can sometimes be a little rough.\n\n\nDa Nang and the surrounding areas are still relatively new to many tourists. The Vietnamese government made a big push a few years back to focus on Central Vietnam as a tourist hub and these efforts are starting to pay dividends. There are now several of resorts and residences backed by world famous hotel brands in the region.\n\n\nSome very prominent individuals have taken note of Central Vietnam. For example, Real Madrid striker Cristiano Ronaldo purchased a home at Cocobay Towers in Da Nang last year. Empire Group is developing the project and the firm claims it will be a tropical paradise when completed.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe city itself is surrounded by a seemingly endless supply of beaches with each one offering something unique. Xuan Thieu Beach and Thanh Binh Beach in the north of the city are best known for their picturesque white sands and blue waters that look as if they have come straight from a dream.\n\n\nMy Khe Beach and Non Nuoc Beach are among the most popular areas in the southern reaches of Da Nang. Both are very clean and fairly quiet on most days. You will also find plenty of smaller beaches for you to choose from. If you\u2019re feeling more adventurous, Lang Co is about an hour north of Da Nang and also has some wonderful beaches.\n\n\nWhat to know about Central Vietnam\n\n\nMonsoon season in Da Nang runs from September until March but usually starts to taper off in February. There is the possibility of heavy rains and even flooding during this time, but most storms pass through quickly. It can get a little chilly towards the end of the year, especially in the evenings.\n\n\nThe best time to visit is April and May before the peak of tourist season. However, the weather is favourable until August even if the crowds are a bit bigger.\n\n\nCentral Vietnam is served by Da Nang International Airport. A new terminal opened last year to improve the airport\u2019s capacity and better serve international arrivals. Non-stop flights to Da Nang from Bangkok, Kuala Lumpur, Singapore and Seoul are currently available while Vietnam Airlines offers connections via transit in either Hanoi or Ho Chi Minh City.\n\n"} {"url": "https://www.dotproperty.com.my/blog/asias-best-beaches-kamala-beach", "title": "Asia\u2019s Best Beaches \u2013 Kamala Beach", "body": "\n\n\n\nThis story on Kamala Beach is part of our Asia\u2019s Best Beaches\u2019 series that appears in the latest issue of Dot Property Magazine.\u00a0\nClick here to read it\n!\n\n\nThere is no shortage of awesome beaches in Phuket, but one continues to fly under the radar. Patong, Kata and Bang Tao receive a lot of attention, but Kamala Beach is truly a special area. It is less crowded than many other parts of Phuket while no less beautiful.\n\n\nSee more:\n\u00a0\nAsia\u2019s Best Beaches \u2013 Central Vietnam\n\n\nSituated on the island\u2019s western coast, Kamala Beach is a fantastic place if you enjoy a good sunset. There are countless seafood restaurants near the beach where you can indulge in a delicious meal of freshly caught fish while watching the sun slowly set in the background.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe beach itself offers everything you could possibly want. The golden sands and tropical waters are clear and relatively clean. The entire beach area is quite walkable as well. It is possible to head from the north end of Kamala Beach to the southernmost point in roughly 30 minutes on foot.\n\n\nKamala Beach is undergoing a bit of a transformation thanks to the MontAzure mixed-use development. This project will have an InterContinental hotel, the Twinpalms Residences, a luxury villa complex, a senior living facility and the Caf\u00e9 Del Mar Beach Club.\n\n\nSee more:\n \nOutstanding Kamala Beach real estate investment opportunity\u00a0\n\n\nThe location of Kamala Beach is fairly central. Patong is a 10-minute drive away where you will find plenty of nightlife and shopping options. The popular Phuket FantaSea is located in Kamala and a few residential developments and resorts have either opened recently and are currently under construction.\n\n\nWhat to know about Kamala Beach\n\n\nLike most of Phuket, Kamala Beach is quite busy during the holiday season when the weather is nice. December and January is when most tourists head here. March, April and May offer nice weather with smaller crowds although there are a number of Thai holidays during this period. During these times, the beach may be busy.\n\n\nRainy season in Phuket starts in June and can linger into October. By November, the weather is pretty nice, but you may have to deal with the stray shower here and there.\n\n\nKamala Beach is only a 40-minute drive from Phuket International Airport. This is a nice alternative to the 70-90 minutes it can take to reach Kata or Karon Beaches further south on the island.\n\n\nA revamped international terminal opened in 2016 and now welcomes guests from China, Europe and Middle East along with regional flights from Singapore, Hong Kong and Kuala Lumpur. The domestic terminal is currently undergoing renovations to help it better meet the growing demand.\n\n\nPhuket International Airport is handling more passengers than it was designed for. The Thai government continues to look at alternatives and building a second airport nearby has been one solution floated to relieve this congestion.\n\n"} {"url": "https://www.dotproperty.com.my/blog/asias-best-beaches-siargao", "title": "Asia\u2019s Best Beaches \u2013 Siargao", "body": "\n\n\n\nThis story on Siargao is part of our Asia\u2019s Best Beaches\u2019 series that appears in the latest issue of Dot Property Magazine.\u00a0\nClick here to read it\n!\n\n\nSurfers need no introduction to Siargao. The island is known as the \u2018Surfing Capital of the Philippines\u2019 and the famed Cloud 9 waves wash up on the beaches here. Of course, there is more to Siargao than catching waves. Both international and local celebrities have frequented the island in recent times, but tourism still lags behind some of the country\u2019s more popular destinations.\n\n\nSee more:\n\u00a0\nAsia\u2019s Best Beaches \u2013 Central Vietnam\n\n\nHowever, with Boracay closed and facing an uncertain future, some are predicting Siargao could see an influx of visitors. Located in the Caraga Region of Mindanao, it is easy to see why people want to visit the island. The beaches are stunning. Even if you don\u2019t surf, you can\u2019t help but be impressed by the hypnotising waters of this tropical paradise.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nEven with an uptick in visitors, a lot of the beaches around Siargao remain fairly quiet and free of crowds. Most of the sandy shores are also hawker free, something of a rarity these days.\n\n\nThe island doesn\u2019t have much in the way of facilities beyond the basics. You\u2019ll find quaint seafood shacks serving freshly caught fish and plenty of convenience stores, but don\u2019t expect much in the way of international chains or large hypermarkets.\n\n\nThe same goes for accommodations. While Siargao is starting to be built up, it still lags behind Southeast Asia\u2019s more popular beach locations in terms of both rooms and five-star resorts.\n\n\nSee more:\u00a0\nAsia\u2019s Best Beaches \u2013 Kamala Beach\n\n\nSpeaking of building, the local government has put a masterplan in place to ensure tourism and development on the island is done sustainably. This is extremely important in the aftermath of the Boracay shutdown decision. Siargao is keeping a close eye on sewage and waste management, urban planning and tourism regulation in order to keep the island open.\n\n\nWhat to know about Siargao\n\n\nSayak Airport is the aviation hub for Siargao, but it is currently only served by domestic carriers. There are direct flights from Manila, Cebu and Clark but service isn\u2019t as frequent as you might expect. The closest major cities to Siargao are Cebu and Davao City.\n\n\nIf you are simply going to Siargao for the beaches, the best time to visit is between March and October when the weather is calm. Surfers usually head to the beaches here from August to November when the waves are primed for riding. This is also a good time for other watersports.\n\n\nDecember and January are by far and away the wettest and windiest months in Siargao. It is probably best to avoid the island during these times if you\u2019re going to checkout the beaches.\n\n"} {"url": "https://www.dotproperty.com.my/blog/asias-best-beaches-sihanoukville", "title": "Asia\u2019s Best Beaches \u2013 Sihanoukville", "body": "\n\n\n\nThis story on \nSihanoukvilleis part\n of our Asia\u2019s Best Beaches\u2019 series that appears in the latest issue of Dot Property Magazine.\u00a0\nClick here to \nread it\n!\n\n\nLong hailed as a backpackers haven, Sihanoukville has transformed into an entertainment mecca that could soon rival Macau. Shiny new resorts now line the city\u2019s seaside, which is more than a four-hour drive from Phnom Penh. A majority of this construction has taken place during the last five years and caters mostly to Chinese tourists.\n\n\nSee More:\u00a0\nAsia\u2019s Best Beaches \u2013 South Lombok\n\n\nDespite this new element, the charm of Sihanoukville\u2019s beaches retains a charm that harkens back to its sleepy past. Ochheuteal Beach is the busiest stretch of shore in the city, but don\u2019t let this fool you into thinking it is some crowded tourist trap. Spanning nearly three kilometres, it is possible to find quiet spots admist the bars, hotels and other places of interest.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOtres Beach is located south of Ochheuteal Beach and tends to be less noisy and populated than its neighbour. There is some development going on along the two major beaches in this area, but nothing overly distracting.\n\n\nSee More:\u00a0\nAsia\u2019s Best Beaches \u2013 Siargao\n\n\nSihanoukville is also the gateway to Koh Rong and Koh Rong Samloem, two islands filled with countless beaches. Many tourists opt to skip the city altogether and head to the islands, but you can also hop on a ferry and visit for a couple of hours. Both islands have been built up in recent years and now have a fair amount of facilities.\n\n\nWhat to know about Sihanoukville\n\n\nSihanoukville is far easier to get to these days than it was a decade ago. Sihanoukville Airport already has direct connections to Vietnam, Malaysia, Hong Kong and China. Cambodia Angkor Air offers the option of a transfer in either Phnom Penh or Siem Reap from several regional hubs.\n\n\nIt is also possible to get from Phonm Penh to Sihanoukville but the roads aren\u2019t the best and the journey takes more than four hours to complete. If you aren\u2019t in a rush, the Phnom Penh to Sihanoukville railway line restarted service in 2016. The journey takes seven hours to complete and the carriages aren\u2019t quite up to the standard of their European counterparts. However, it is still a viable option for those who enjoy a rail journey.\n\n\nDevelopment in Sihanoukville has been rapid with property prices and rental rates skyrocketing in the past year. There are opportunities here should you be considering real estate investment, but this is firmly a frontier market carrying a fair amount of risks. If that isn\u2019t your thing, it may be better to visit the beaches rather here than scooping up a property.\n\n\nSee more:\n\u00a0\nAsia\u2019s Best Beaches \u2013 Central Vietnam\n\n"} {"url": "https://www.dotproperty.com.my/blog/asias-best-beaches-south-lombok", "title": "Asia\u2019s Best Beaches \u2013 South Lombok", "body": "\n\n\n\nThis story on South Lombok is part of our Asia\u2019s Best Beaches\u2019 series that appears in the latest issue of Dot Property Magazine.\u00a0\nClick here to read it\n!\n\n\nWhile Bali gets all the attention, Lombok, its neighbour to the east, features beaches that are even more stunning. The entire island is quite nice, but the southern coast offers a peaceful vibe that is matched by only a handful of other destinations across the globe.\n\n\nSee more:\n\u00a0\nAsia\u2019s Best Beaches \u2013 Central Vietnam\n\n\nThat\u2019s because there is seemingly an endless supply of white sand beaches all featuring sparkling, bluish green waters. And unlike the bustling Bali, beaches here are not very crowded. It is important to note the facilities are not as comprehensive which can be a good or bad thing depending on your viewpoint.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe most popular area in South Lombok is Kuta Beach, also known as Kute on some maps and websites. Although it shares the same name as one of Bali\u2019s busiest areas, the ambiance here is entirely different. A growing number of hotels and resorts are springing up, however, this number pales in comparison to what is found in the region\u2019s more popular beach escapes.\n\n\nThe sleepy town of Kuta serves the beach area and you will find eateries and shops all around. Kuta boasts a quaint, homey feel that really should be experienced in person. Behind the town are lush hills that provide amazing overlooks of the beach and surrounding area. A few villa projects are located here while a couple of others are being built.\n\n\nSee More:\u00a0\nAsia\u2019s Best Beaches \u2013 Siargao\n\n\nTanjung Aa\u2019n Beach is roughly a 20-minute drive east of Kuta Beach and has become a popular spot with surfers and water sports enthusiasts. Believe it or not, the beach itself is less crowded than Kuta. Many people who come during the week report to having large tracts of sand all to themselves.\n\n\nIn between these two beaches is Mandalika Beach. The area is set to undergo a massive transformation and will eventually be home to resorts, residences, golf courses and a host of other amenities. This should add some much needed infrastructure to the south of Lombok.\n\n\nWhat to know about South Lombok\n\n\nThe island is served by Lombok International Airport. There are now direct connections to Singapore and Kuala Lumpur from Lombok, but most travellers will need to transit through Jakarta. The airport is less than a 30-minute drive from the island\u2019s southern beaches.\n\n\nIt is possible to get to Lombok from Bali by ferry. Regular ferries and speedboats are available, but the time and price of this method can vary. Alternatively, you can catch a flight between the two islands. This journey takes roughly 50 minutes and numerous carriers serve the route.\n\n"} {"url": "https://www.dotproperty.com.my/blog/asias-best-kept-beach-secret", "title": "Where is Asia\u2019s best kept beach secret?", "body": "\n\nNgwe Saung Beach is undoubtedly a hidden gem. In fact, it\u2019s Asia\u2019s best kept beach secret. More than 15 kilometres of pristine beaches can be enjoyed with most being sparsely populated when compared to the region\u2019s other popular seaside getaway locations. If you\u2019re looking for seclusion and peace, Ngwe Saung Beach offers both in spades.\n\n\nIt is a four-hour drive away from Yangon and the lack of an airport is the primary reason tourists opt for other beaches in Southeast Asia. However, those feeling adventurous should definitely check out Ngwe Saung Beach. It is only a matter of time before more people find out about Asia\u2019s best kept beach secret. Here are just a few of things you can enjoy during your visit.\n\n\nCatch the sunset over the Bay of Bengal\n\n\nWhether you are lounging at your hotel or enjoying a fresh seafood dinner at one of Ngwe Saung Beach\u2019s many eateries, there is nothing quite like watching the sun go down over the Bay of Bengal. Picturesque doesn\u2019t even begin to describe how beautiful it truly is.\n\n\nA starry night\n\n\nAfter the sun goes down, the moon and stars light up the sky. Viewing them here is quite nice as the sound of waves crashing onto Ngwe Saung Beach can be heard in the background.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHire a motorbike and explore\n\n\nThere is a lot to see all along Ngwe Saung Beach. The best way to peep it all is by hiring a motorbike. You can explore up and down the coast finding secluded spots, delightful cafes and other sights. Be sure to be careful and follow all road safety regulations.\n\n\nGo snorkelling\n\n\nThere is some colourful coral and exotic fishes to be seen should snorkelling be your thing. Most of the snorkelling is situated around a few islands across from Ngwe Saung Beach, most of which are accessible on foot during low tide. Be sure to ask your hotel for additional information.\n\n\nImportant information\n\n\nLow season runs from May to October in Asia\u2019s best kept beach secret and some resorts shut their doors during this time. Infrastructure is still being built up around Ngwe Saung Beach which means roads can be a bit rough. In terms of entertainment, the region is developing. The number of bars and clubs is limited and you won\u2019t find any restaurant chains either.\n\n"} {"url": "https://www.dotproperty.com.my/blog/at-home-in-the-fast-lane", "title": "At home in the fast lane", "body": "\n\n\n\nThe Blue House, 38 Shepherd Street, the first London home of legendary racing driver Sir Stirling Moss OBE, recently launched onto the lettings market with a price of \u00a34,000 per week.\n\n\nExtensively refurbished, the 2,837 sq ft, five-storey townhouse provides three-bedrooms, two reception rooms, three-bathrooms, a dining room, cinema room, guest cloakroom, double length garage, two private terraces and a walled garden.\n\n\nSir Stirling, a British legend, purchased the home in 1954 in the midst of his esteemed racing career for a mere \u00a312,000. Falling in love with the area, he still lives on Shepherd Street, purchasing a derelict piece of land in 1961, on which he built his current six-storey high-tech home.\n\n\nNoticeable from the street, 38 Shepherd Street has a pastel blue fa\u00e7ade and large polished steel security gate. The interior is just as striking, a sleek spiral staircase rising from the ground to the top floor, is one of the standout features of this stylish, modern home.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSusan Cohen, Head of Lettings at Pastor Real Estate, said: \u201cCurrently on the market for \u00a34,000 per week and recently refurbished to an exceptional standard, this is Mayfair\u00b9s ultimate rental home.\n\n\n\u201cThis house has everything the modern tenant requires; three-double bedrooms, a private cinema room, double reception room, two private terraces, three areas of outside space, as well as garaged parking. It\u00b9s perfect for a professional or a young couple.\u201d\n\n\nThe Blue House, 38 Shepherd Street, is equipped with the latest touchpad-controlled home technology, including a Crestron media system, Lutron mood lighting and air conditioning to the principal rooms.\n\n\nwww.pastor-realestate.com\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/attention-turns-property-ho-chi-minh-city-suburbs", "title": "Attention turns to property in Ho Chi Minh City suburbs", "body": "\n\nProperty in the Ho Chi Minh City suburbs is growing in popularity\n\n\nDemand for real estate in the Ho Chi Minh City suburbs is growing as property in the city center becomes scarce and infrastructure to nearby areas improves. Developers have already taken notice and are now launching projects and buying land in connecting provinces. However, experts have warned property investment here must be taken with a view of the long term in mind\n\n\nPham Lam, DKRA Vietnam General Director, told the Vietnam Investment Review\n that Binh Duong, Dong Nai, and Long An provinces have garnered the most attention from developers and property investors. All three are in the Ho Chi Minh City suburbs and are buoyed by a number of factors.\n\n\n\u201cSuburban provinces have a larger land fund with lower expenses for clearance and compensation, while the improvement of infrastructure is encouraging investors to come here,\u201d Lam told the website.\n\n\nThe government has been extremely active in improving connectivity between the Ho Chi Minh City suburbs and the city center. Some projects, like the Ho Chi Minh City-Trung Luong Expressway and N2 Highway, have already been completed while work on others, such as the ambitious \nHo Chi Minh City metro line\n, is ongoing.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDevelopers target the Ho Chi Minh City suburbs\n\n\nMany homebuilders have already acquired land and launched developments in the Ho Chi Minh City suburbs. For example, Novaland and Dat Xanh Group have already opened sales for projects in Dong Nai.\n\n\nIn Long An, Vingroup, Him Lam Land and Nam Long Group have submitted proposals for large-scale developments. The move comes as many developers have recognized that \nmore buyers want house and villas in projects that offer large green spaces\n.\n\n\nThe key for both developers and property investors is to look at the long-term picture instead of chase immediate returns. That is because the full impact of infrastructure projects on property prices won\u2019t be seen for years.\n\n"} {"url": "https://www.dotproperty.com.my/blog/australian-property-market-recovers-crown-group-believes-sustainability-wellbeing-sets-apart", "title": "As the Australian property market recovers, Crown Group believes sustainability of wellbeing sets it apart", "body": "\n\nAustralia\u2019s response to the COVID-19 pandemic has been lauded across the world and shows it is truly a global leader. The country is officially out of recession, recording GDP growth of 3.3 percent in the fourth quarter. And while the Australian property market is experiencing its own recovery, leading developers, such as Crown Group, have switched their focus from sales to wellbeing.\n\n\nThe \u201cNew Normal\u201d required an examination of how we live. Iwan Sunito, Chairman & Group CEO, Crown Group, noted that the pandemic forced people to spend far more time in their homes, which has created a more urgent need to design them to better encourage a sense of calm, relaxation and productivity.\n\n\n\u201cPeople who live in well-designed homes that offer plenty of living and working space, access to gardens and fresh air, as well as facilities such as play areas, fitness facilities and music rooms, have had an easier time adjusting to this new lifestyle,\u201d Iwan says. \u201cThe pandemic must force a rethink of house and apartment design so that all residents are able to feel secure, relaxed and socially connected when they are at home. This ultimately will lead to better physical and mental health around the world. It\u2019s not just about sustainable buildings but a sustainable lifestyle.\u201d\n\n\nSustainability of wellbeing isn\u2019t simply a buzzword or marketing concept for Crown Group. It is part of the developer\u2019s DNA. Well before any of us had ever heard of the \u201cNew Normal\u201d, Crown Group was crafting residential projects in Australia that provided residents with a sanctuary where their wellbeing was paramount.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cCrown Group had always designed its apartments with its signature resort-style facilities, to provide a relaxing and healthy environment for its residents. We are pleased with how well this approach suits the needs of the post-pandemic world,\u201d Iwan explains. \u201cEven long after this pandemic is over, people will be working more from home, so these are needs that will endure. People will need more common areas for co-working and socializing in a safe space. And they will need nature around them. Residential developers will in turn need to accommodate the changing preferences of consumers.\u201d\n\n\nWaterfall by Crown Group has the largest waterfall built in Australia\n\n\nNowhere is this more evident than at Waterfall by Crown Group in Sydney. Every detail of the project has been curated to ensure an optimal living experience. An example of this is the development\u2019s waterfall. Not only is it the tallest such feature constructed in Australia, but it creates soothing water sounds. It\u2019s all part of the developer\u2019s commitment to sustainability of wellbeing.\n\n\n\u201cWaterfall by Crown Group has become an ideal model for biophilic design, with corridors that are open to the elements to let fresh air in as well as balconies at each apartment. There is ample outdoor space for residents to relax including 2600 square meters of tropical gardens with 5000 plants in the vertical green walls alone,\u201d Iwan details.\n\n\nOne of the homebuilder\u2019s upcoming launches in 2021 will be equally as impressive. Artis is Crown Group\u2019s first project in Melbourne and is part of an ambitious a AUD3 billion development pipeline. Located in Melbourne\u2019s prestigious Southbank, Artis boasts design by internationally renowned Koichi Takada Architects and uninterrupted city views.\n\n\n\u201cThe landmark building will change the face of Southbank with its beautiful white ribbon-effect fa\u00e7ade that reflects the movement of art in motion. Artis will host luxurious one-, two- and three-bedroom apartments and penthouses,\u201d Iwan points out. \u201cResidents will have access to Crown Group\u2019s signature resort-style facilities, which include a beautiful rooftop lounge with garden and children\u2019s play area, level one gym and spectacular indoor pool and jacuzzi. A community arts space and caf\u00e9 will provide a space for local artists to exhibit.\u201d\n\n\nMore Overseas Property:\n \nIs now a good time to invest in Myanmar real estate?\n\n\nAustralian property market recovers but needs to do more for overseas buyers\n\n\nWhile the Australian property recovers, more can be done to support overseas buyers\n\n\nThe doom and gloom predictions for the Australian property market in 2020 have given way to more optimistic outlooks. Iwan cites Melbourne property prices increasing by 0.3 percent in December and Sydney median property values rising 2.2 percent in 2020 as reasons to be confident. Of course, more work is needed for the real estate market to return to normal.\n\n\n\u201cWe really want borders to open so that international students and their parents can return to Australia. With the advent of the vaccine, this may be sooner than we think,\u201d Iwan says.\n\n\nThis happening would benefit the Australian property market by making it easier for overseas investors. The country has always appealed to buyers in Asia for numerous reasons, but untapped potential remains. Iwan believes demand from international real estate buyers could grow in the future with a little help from the government.\n\n\n\u201cFor overseas investment, Asia drives the greatest demand. We are appealing to the government to lower the stamp duty for foreign buyers to make Australia a more attractive destination,\u201d Iwan notes. \u201cAustralia has always had the advantage for Asian buyers of proximity and time zone convenience, making it far more attractive for sending children to university or for retirement, as you can easily communicate and visit people back at home.\u201d\n\n\nThrough sustainability of wellbeing, Crown Group projects will appeal to both international and local clients. This demand is one reason why the developer has carried on with its plans as opposed to taking a more cautious approach.\n\n\n\u201cThe traditional narrative has questioned whether it is wise to launch a new residential project in the midst of a pandemic, but we see it differently. We are excited to grow our footprint now, as there will be pent up demand for well-designed projects. While there is such focus on renewed wellness, projects designed with these fundamental pillars will continue to draw interest,\u201d Iwan concludes.\n\n"} {"url": "https://www.dotproperty.com.my/blog/australian-residential-property-trends-3-things-investors-must-know", "title": "Australian residential property trends: 3 things investors must know", "body": "\n\nResidential projects with a unique theme, such as Mastery by Crown Group, are becoming popular in Australia \n\n\nA number of new Australian residential property trends are taking hold. For international real estate investors, knowing these can ensure you acquire the right residential property Down Under. The biggest change has been the shift in demand from suburban houses to apartments located near city centers.\n\n\nBut this is only one of several Australian residential property trends to take note of. Australian homebuilder Crown Group has found three more trends investors should know about.\n\n\n3 Australian residential property trends\n\n\nLiving close to transportation\n\n\nMore Australians are ditching their cars and taking public transportation. The government is supporting these efforts by investing heavily in infrastructure and this is helping fuel Australian residential property trends.\n\n\n\u201cThe eastern seaboard (of Australia) is undergoing something of a transport bonanza, with billions of dollars\u2019 worth of new rail lines, metro and light rail lines, bridges and roads under construction in Sydney, Brisbane and Melbourne,\u201d Iwan Sunito, Crown Group Chairman and Group CEO, explained. \u201cBuying property around upcoming transport hubs such as a new train station offers opportunities for potential capital growth in years to come, but also ideal locations for residents to enjoy easy access to their workplaces and to get around town.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIwan added that Crown Group is choosing project locations based on accessibility. An example of this is the developer\u2019s Waterfall and Mastery apartment projects that are close to the new Sydney Metro stop set to open in 2024. It is part of the biggest urban rail project in Australia\u2019s history and is a location ideal for property investment.\n\n\nMixed-use moves in\n\n\nArc By Crown Group\n\n\nMixed-use projects with residential, hospitality, retail and dining spaces are common in Asia, but are still new to the Australian market. However, mixed-use developments are becoming more popular as a number of lifestyle precincts pop up in major cities.\n\n\n\u201cNow, there is a growing emergence of and mixed-use developments, where residents have everything they need on their doorstep,\u201d Iwan stated. \u201cIn the heart of Sydney, we recently unveiled Arc by Crown Group, where we developed a precinct that melds sophisticated apartment living with a New York inner city lifestyle. Below the luxury apartments is a boutique serviced apartment hotel, SKYE Suites, alongside a retail precinct in a restored historic lane, called Our Skittle Place, which offers cafes and restaurants in a brick-paved walkway that links Kent and Clarence streets.\u201d\n\n\nA unique theme\n\n\nIt\u2019s also common to see themed developments in major Asian cities. But these have not taken hold in places such as Australia and Western Europe where developers tend to want a project that appeals to a wide range of potential residents. Things are changing with Crown Group being one of the first developers to introduce themed communities in the country.\n\n\n\u201cThe concept of a themed residential community is really taking hold in Australia, with our Japanese- themed development a star example. Mastery by Crown Group, where world-renowned Japanese architect Kengo Kuma has designed one of the five buildings, has a stacked forest design with greenery on its fa\u00e7ade,\u201d Iwan said. \u201cIt will have Sydney\u2019s first Japanese eat street, offering authentic dining experiences drawn from the sprawling streets of Tokyo\u2019s Shibuya and Shinjuku special wards, plus bustling Izakaya, sushi trains and ramen restaurants, to tea houses serving Cha-kaiseki.\u201d\n\n\nUse trends to guide Australian property investment decisions\n\n\nThese Australian residential property trends offer important insight on how you can be ahead of the curve. Many residential properties do have potential for capital growth based solely on market conditions. Purchasing an apartment that is in-demand can ensure stronger rental returns to go along with any capital appreciation.\n\n"} {"url": "https://www.dotproperty.com.my/blog/avoid-overpriced-homes-considering-4-things", "title": "Avoid overpriced homes by considering these 4 things", "body": "\n\n\n\nWhy pay more for anything in life? It doesn\u2019t really make any sense. From shoes to cars and, yes, even property, it is important to do your homework. This is the only way to avoid overpriced homes. Of course, it is your prerogative if you want to handover more cash than might actually be necessary.\n\n\nThere are many great properties available for competitive prices, but some homes don\u2019t offer true value for money. Sure, they look the part, but there may be other similar properties available for less. If you want to avoid overpriced homes, consider these four things.\n\n\nWhat\u2019s the asking price of other units in the development? \n\n\nThe great thing about using property portals, such as Dot Property, is that you can see what the asking price is for all units for sale in any given development. The easiest way to avoid overpriced homes is to look at the prices of similar units in the building. If they are roughly the same, you\u2019re probably getting a good deal. If the price seems to be high, you have a list of cheaper homes in the same development at your fingertips.\n\n\nFurnished vs. Unfurnished\n\n\nSome properties that seem overpriced actually have extra value built-in. The biggest value-added element to any home is furniture. If a home is fully furnished, the asking price will reflect this. And while on the surface the unit might seem overpriced, in reality it is not. However, this value won\u2019t match the cost if you want to redecorate or already have furniture.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNeighbourhood\n\n\nAs you probably already know, location is everything when it comes to property prices. If you are buying a home based on location, then you should investigate what the asking price is for other properties in the surrounding area. New build projects always look nicer, but in some areas the price for a unit in these can surpass ones in already completed developments. Explore the entire neighbourhood and see if the home you are considering really offers value for money.\n\n\nSee more:\u00a0\nManila, Bangkok and Jakarta among 2018 property hotspots\n\n\nThe eye test\n\n\nAt the end of the day, you should visit the unit and see if it is worth the price. This may not be the most scientific method available, but you are the one spending money on it. There is only thing that really matters; does the home seem overpriced to you?\n\n\nAvoid overpriced homes at Dot Property \n\n\nBe sure to utilise Dot Property to find your next home. If you want to avoid overpriced homes, take these tips and put them to good use.\n\n\nClick here to find your new home!\n\n"} {"url": "https://www.dotproperty.com.my/blog/avoid-risks-involved-buying-off-plan-condominiums", "title": "How to avoid the risks involved with buying off-plan condominiums", "body": "\n\n\n\nThere are many investment options in Malaysia these days. Real estate remains a popular choice but many wonder if buying an off-plan condominium unit is a smart investment. After all, you won\u2019t be able to see the finished product for years and it can be difficult to check up on it while construction is underway.\n\n\nYou have worked hard for your money, so you don\u2019t want to see it go towards something that never gets finished. On the other hand, it\u2019s vital that your savings is working to earn you even more money. All investment is risky, so if you\u2019re looking for a sure thing, good luck and let us know if you find it.\n\n\nIf you want an investment that offers both value and potential, buying an off-plan condominium may be for you. They can be significantly cheaper than purchasing completed units and you will enjoy appreciation on it sooner thanks to soaring land prices in many major cities across the region. In many cases, it is better to buy now than waiting for a project you like to be finished.\n\n\nThat being said, buying off-plan condominiums does involve a greater risk than already completed units. Here are a few of the risks buying off-plan condominiums carry and what you can do to navigate these possible pratfalls.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCondominium isn\u2019t completed or completed late\n\n\nThe most daunting concern a person has about investing in buying off-plan condominiums is that it won\u2019t be completed. This is the worst-case scenario since it means you will end up spending years in the courts fighting with the developer to get your investment back. Another worry is possible setbacks in construction which can delay rental returns should you plan on renting the unit out.\n\n\nHow to avoid this\n: Don\u2019t buy from developers who haven\u2019t demonstrated past success in completing developments. Instead, choose only reputable homebuilders who have large portfolios.\n\n\nThey also send out regular updates on how the project is progressing, usually with photos and other information. This provides you with peace of mind about investing in a buying off-plan condominium unit.\n\n\nCondominium won\u2019t look the way it does in the pictures\n\n\nMany investors thinking about buying off-plan condominiums utilize sales materials and marketing photos to get an idea of what the condominium they are buying will look like. However, these are simply photos and what you see here may not be what you get when the project is finished.\n\n\nHow to avoid this\n: There is no way of truly knowing how a project will look when it is finished, but there are a couple of things you can do to help inform your decision. The first is to go online and look for photos of condominiums already completed by the developer. While artist renderings can deceive, seeing the real deal will give you a better idea of the quality the firm delivers.\n\n\nIf possible, you can also schedule to see a unit for sale at one of the developer\u2019s already finished condominiums. While the layout may be different, chances are the unit size will be similar. Investigate how it looks and then compare it with marketing brochures that are likely to include graphic renderings. You\u2019ll be able to see how close the developer comes to matching it.\n\n\nYou won\u2019t get the unit you want\n\n\nWhile units in off-plan condominiums are almost always available on a first-come, first-serve basis, this doesn\u2019t mean you will get the one you want. This is especially true for presales periods where a limited number of units are available for extremely attractive promo prices. Once these are gone, the sales team then tries to promote units at more expensive prices even if the cheaper ones are still being advertised.\n\n\nHow to avoid this\n:\n\n\nIf you know the project you\u2019re interested in, you can always check it out on \nDot Property Malaysia\n. Each condominium has its own page where you can see the \u00a0units currently\u00a0for sale and what the asking price is. You can then enquire for that unit directly. When the seller contacts you, they will respond with information about that specific unit.\n\n\nInterested in investing in a buying off-plan condominium in Southeast Asia? \nClick here to start your search today!\n\n"} {"url": "https://www.dotproperty.com.my/blog/award-winning-condominium-offers-new-type-lifestyle-davao", "title": "This award-winning condominium offers a new type of lifestyle in Davao", "body": "\n\nGrand Land may be a relative newcomer to the Philippine real estate sector, but its efforts in Cebu and Davao have not gone unnoticed. The firm has collected many awards for its work over the years and 2022 was no different with The Piazza at The Grand Citygate Davao earning numerous plaudits.\n\n\nAt the Dot Property Philippines Awards 2022, \nthe project was named as Best Mid Range Condo Development and Best Investment Property Davao\n. That would not be the only honors for The Piazza at The Grand Citygate Davao as it won Best Lifestyle Condominium Development at the Dot Property Southeast Asia Awards 2022.\n\n\nFor Grand Land, creating a lifestyle is a very important consideration at all of its projects.\n\n\n\u201cPeople\u2019s lifestyles and how they live their day-to-day lives has been evolving. The public now looks for developments with better amenities and bigger green spaces. Apart from their own unit, they want to go outside and have their own common spaces where there are opportunities to meet others,\u201d Grand Land Inc. President Ryan Bernard Go, told Dot Property Group. \u201cPeople use to seek out simple condominiums. But at the end of the day, a condo unit is a personal own refuge. As cities get bigger and as life gets most stressful, individuals want a place where they can relax and enjoy life.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDesign plays a huge role in creating this lifestyle at The Piazza at The Grand Citygate Davao. Its beautiful exterior and interiors have a global influence that makes it unique for the location and offers those living here an extraordinary experience not found anywhere else.\n\n\n\u201cWe look for inspiration from global cities we love. For example, our vision for The Piazza at The Grand Citygate Davao is the Italian city of Milan since the property is located in Milan Buhangin. We wanted to create something a bit different not really found in the Philippines,\u201d Go noted\n\n\nUltimately, success at both the Dot Property Philippines Awards and Dot Property Southeast Asia Awards is further proof of Grand Land\u2019s quality, market knowledge and ability to deliver residences that offer an unmatched lifestyle. However, this is just another step in a larger journey for the homebuilder which is still making a name for itself in the industry.\n\n\n\u201cGrand Land is only ten years old. However, we have been improving every year and getting better. We started with one condominium and eventually built up to launch a mixed-use development. Next, we hope to build a township,\u201d Go concluded.\n\n\nMore than 45 developers, projects and real estate agencies were honored at the Dot Property Southeast Asia Awards 2022.\u00a0\nRead more about the winners here\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/award-winning-real-estate-agency-makes-impossible-possible", "title": "This award-winning real estate agency makes the impossible possible", "body": "\n\nNPP Realty & Consultants aims to make the impossible possible for its clients. In order to accomplish this lofty goal, they don\u2019t\u2019 operate like a traditional real estate agent. That is what drove them to create the Property Personal Shopper, a professionalized and tailor-made approach that provides home seekers with the best experience around.\n\n\n\u201cThe Property Personal Shopper is a catered real estate service we tailor for high net-worth individuals. We integrate everything they need beyond buying real estate as part of this experience. We are not only getting them a house, we are helping them create a home,\u201d NPP Realty & Consultants Managing Partner and Co-Founder Khun Pondphat Saimuey, details.\n\n\nThe outstanding work of NPP Realty & Consultants was recognized at the Dot Property Thailand Awards 2022 when it was honored as one of Thailand\u2019s Best Real Estate Agencies. From its bespoke service to in-depth market knowledge and vast connections within the industry, it truly can make the impossible possible, at least when it comes to buying property in Thailand.\n\n\n\u201cWinning this award means a lot to us because we have really been working hard. And the Dot Property Thailand Awards are a good time for us to come together and celebrate our achievement,\u201d Khun Pondphat proclaims.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/award-winning-women-of-philippine-real-estate", "title": "The award-winning women of Philippine real estate", "body": "\n\nElizabeth Ventura\nAnchor Land Holdings, Inc. President, has guided the developer to numerous awards\n\n\n\nIn the CS Gender 3000 report from Credit Suisse, the Philippines was found to have the highest percentage of women in management globally. The real estate sector in particular has been a leader in equality.\n\n\nSMDC has been among the best at promoting equal opportunity employment over the years. Nearly 60 percent of the developer\u2019s workforce is comprised of women while female executives outnumber male counterparts. They hold key positions in different areas of expertise throughout the company.\n\n\nSince 2016, the Dot Property Awards has been privileged enough to recognize some of the award-winning women of Philippine real estate. They each play a vital role in the success of their company while helping bring much needed perspective to the market as a whole.\n\n\nMeet the award-winning women of Philippine real estate\n\n\nElizabeth Ventura\n\n\nAnchor Land Holdings, Inc. President\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nUnder the leadership of President Elizabeth Ventura (center), Anchor Land has won several awards during the past five years\n\n\nYou can\u2019t write an article about the award-winning women of Philippine real estate and not mention Anchor Land President Elizabeth Ventura. \nAnchor Land has won countless awards during the past decade thanks to her efforts\n. The developer has a robust portfolio of unique projects in both the residential and commercial sectors.\n\n\nFrom renovating the landmark Admiral Hotel in Metro Manila to setting the standard of green architecture and design in a commercial development, the firm is not afraid to break the mold.\n\n\nThis all starts with the vision of Ventura. She is always willing to do something different, and oftentimes unheard of, in order to provide the best possible experience.\n\n\nOne example of her vision is Anchor Grandsuites. Located in the heart of Manila\u2019s Chinatown, it has become the tallest building in all Chinatowns around the world. Another example of this can be found in Old Manila and Manila Bay. Projects such as Admiral Baysuites have embraced the area\u2019s charm and history in a way never before seen in the Philippines.\n\n\nVentura also wanted to rethink the office experience. That\u2019s why Anchor Land Corporate Center is equipped with a number of facilities designed with the modern employee in mind. These include a spa, gym, garden lounge and open deck in addition to the smartly designed offices. The unique lifestyle features have been combined with several sustainability benchmarks, such as LEED Pre-Certified GOLD.\n\n\n\u201cPeople will spend as much as 80 percent of their time at the workplace so we really wanted to develop a space that considered their lifestyle and well-being. It was also important to incorporate sustainability into Anchor Land Corporate Center,\u201d Ventura stated.\n\n\nCrystal Chloe Ong-Chua\n\n\nInnoland Vice President for Sales and Marketing\n\n\nCrystal Chloe Ong-Chua (left), Citrineland\u2019s Internal VP for Sales and Marketing, Wilson K. Granadis (center), Vice President for Sales and Marketing and Dot Property Magazine Editor in Chief Cheyenne Hollis (right)\n\n\nAs one of Cebu\u2019s largest local developers, Innoland and its subsidiaries want to help elevate the property market. The firm boasts an expansive office portfolio that includes TGU Tower, Calyx Centre and Link in Cebu I.T. Park. Meanwhile, its newest project, One Montage, just may be its most ambitious to date.\n\n\nThe three-tower commercial, office, and retail complex is an integrated, master-planned, and sustainable development that is unlike any other project in Cebu due to an iconic design and green building features.\n\n\nSince being founded in 2005, Innoland has been motivated to improve the quality of the local real estate market. Crystal Chloe Ong-Chua, Innoland Vice President for Sales and Marketing, has been at the forefront of the developer\u2019s efforts.\n\n\nPrior to joining Innoland, Ong-Chua served as Internal VP for Sales and Marketing at Citrineland, the developer\u2019s residential-focuses subsidiary. During her time there, Citrineland won Best Developer Cebu at The Dot Property Philippines Awards 2017.\n\n\n\u201cWinning means we are doing the right thing and it inspires us to build more and build better so more Cebuanos would be able to enjoy the perks of having homes of good quality at affordable price points,\u201d Ong-Chua explains.\n\n\nOrillosa Family\n\n\nKeller Williams Ortigas-27C Realty\n\n\nDianne Orillosa (left) and Gianne Orillosa (center) at The Dot Property Philippines Awards 2019\n\n\nLed by Gianne Orillosa, Operating Principal; Dianne Orillosa, Team Leader; and Pam Racelis Orillosa, Market Center Administrator, Keller Williams Ortigas-27C Realty is an up-and-coming real estate brokerage that has quickly made it a name for itself.\n\n\nThis has been accomplished through an innovative approach to property that sees the brokerage invested in the success of its diverse client base.\n\n\n\u201cWe are a young team of millennials, but we believe that the diversity in age, knowledge, and experience amplified and strengthened through Keller Williams, makes ours a truly unique market center. We are driven to succeed, but at the core, our purpose is to help, to provide opportunities, and to make a difference in the lives of others and bettering the communities that we serve. This is what we are all about. Your business is our business. Your success is our success,\u201d Gianne Orillosa explained.\n\n\nKeller Williams Ortigas-27C Realty was honored as one of the Philippines Best Real Estate Agencies at The Dot Property Philippines Awards 2019. That was followed up by winning several Keller Williams awards to start 2021.\n\n"} {"url": "https://www.dotproperty.com.my/blog/baby-proof-home", "title": "Baby-Proofing Your Home", "body": "\n\n\n\nBaby-proofing your home is something that first-time parents quickly discover how little they know. When a tiny tot\u2019s safety is at stake, the entire house can seem like one giant danger zone.\n\n\nBefore you pull out the hard hats and safety \u201cbubbles,\u201d take some time to sit down and assess where changes can be made. Tackle the project room by room and you\u2019ll be surprised how quickly the baby-proofing chore grows more manageable.\n\n\nBe sure to give special attention to common safety pitfalls like open stairways, electrical outlets and cords.\n\n\nWindow Coverings\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhen you\u2019re decorating the nursery, it\u2019s easy to get wrapped up in all the little touches that make the room feel complete. However, adding too much flair can create some safety concerns, especially when it comes to windows.\n\n\nThe crib may look just right centered under the window, but once your little one can reach the curtains, you may be in for some problems. In fact, as your infant becomes more mobile, the same concerns apply to windows throughout the home.\n\n\nCurtains are a temptation most young children can\u2019t resist. They\u2019re perfect for peek-a-boo and pretend forts, but can also pose a suffocation hazard, and if tugged on too hard, bring the whole rod ensemble crashing down.\n\n\nThat\u2019s why it\u2019s a good idea to skip floor-length curtains and opt instead for valances or bolsters that still add a decorative touch but are well out of reach of curious hands.\n\n\nDoor Blinds\n\n\nFor new parents desperate for sleep, blocking the light to create a darkened room may be a top priority.\n\n\nHowever, some light-blocking options also pose a risk to children. Window and door blinds are a common solution to baby-proofing your home because they allow the versatility of being raised or lowered and opened or closed to create different looks and lighting filters as needed.\n\n\nHowever, many blinds have exposed cords, which not only present a strangulation and choking hazard but also can cut off circulation and cause permanent damage if wrapped tightly around extremities and limbs.\n\n\nLook for cord-free styles or opt for a semi-permanent film or tint instead.\n\n\nAnother baby-proofing concern is window-paned doors, which pose a similar challenge to windows when it comes to managing privacy and light. An option such as ODL Add-On Blinds for Doors is a low-maintenance and easy solution.\n\n\nThe blinds are easy to install and use, efficiently block light and don\u2019t have any exposed cords.\n\n\nAs kids grow older, you\u2019ll also appreciate the enclosed design, which eliminates the banging and swinging experienced with traditional door blinds.\n\n\nFurniture\n\n\nFor most families, it\u2019s not practical to re-furnish your home before a baby arrives. Fortunately, there are ways you can baby-proof the items you already have and as your little one grows, work on teaching boundaries to ensure safety.\n\n\nOptions like adhesive foam can soften the sharp edges of coffee tables, while anchors help prevent large, heavy items from being tipped or pulled over.\n\n"} {"url": "https://www.dotproperty.com.my/blog/bag-foundation-ready-mix-concrete-laid-southeast-asia", "title": "Out of the bag: the foundation for ready-mix concrete is being laid in Southeast Asia", "body": "\n\nSiam City Cement is focused on bringing ready-mix concrete to rural areas in Southeast Asia\n\n\nConsumer habits are always changing. In some industries, this change is obvious. For example, retail shoppers have stop flocking to malls and now make their purchases online. But in an industry such as concrete, the shift can be much slower for a number of reasons.\n\n\nHowever, consumer habits when it comes to concrete are changing and a new foundation is being laid. Bagged concrete, which has been a staple of building for as long as most people can remember, is on the way out. Ready-mix concrete is now becoming the product of choice for consumers of all sizes in Southeast Asia with Thailand taking the lead.\n\n\n\u201cWe have seen a change in consumer behaviour in Thailand. Everyone is starting to move away from bag concrete to ready-mix concrete,\u201d Supachai Tirawattanakul, Siam City Cement Mini RMX Project Manager, explains. \u201cThe issue when it comes to ready-use concrete is in rural locations. In these areas, local distributors lack the knowledge and quality control needed to make it a viable option.\u201d\n\n\nIt\u2019s estimated that nearly 800,000 cubed meters of ready-mix concrete was used in Thailand last year. To put this into perspective, a small project, such as a one-storey house, requires between 30 and 50 cubed meters of ready-mix concrete on average. Larger projects obviously need much more.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHowever, ready-mix concrete was mostly used in Thailand\u2019s urban areas. That is now changing. Local distributors in Thailand\u2019s rural areas are being trained and provided with the support required to offer ready-mix concrete to consumers as an alternative to bagged concrete. Supachai notes this could be huge for provinces such as Samut Nakhon, Chang Mai and Udon Thani, where lots of building is currently happening but ready-mix concrete infrastructure hadn\u2019t been in place.\n\n\n\u201cThe use of bag concrete will decrease as more users, both individuals and construction companies, move to ready-mix concrete,\u201d Supachai says. \u201cWe\u2019re actively training distributors on the products to ensure it is available more widely throughout the country. That\u2019s because ready-mix concrete is easier to use and provides much more consistent quality.\u201d\n\n\nBy training local distributors, Siam City Cement is able to pass along the required skills and knowledge for them to offer ready-mix concrete to clients\n\n\nBut there is another reason ready-mix concrete is needed in rural areas. According to Tanit Sorat, Vice-Chairman of the National Labour Development Advisory Council, new local workers are insufficient to support the country\u2019s business and industrial sectors. This means it is difficult to find the labour needed for projects that use bag concrete, especially as more people migrate to urban areas\n\n\nThe amount of labour needed for ready-mix concrete is far less when compared to bag concrete. But this is far from the only benefit.\n\n\n\u201cFirstly, ready-mix concrete is cleaner than bags. People don\u2019t realize just how much dust bagged concrete creates. The bags themselves are waste that needs to be disposed of too. The mess between the dust and bags can be significant. Additionally, ready-mix concrete is exactly what its name implies \u2013 ready to use. This is different from bag concrete which requires mixing with sand and water along with the labour required to do it,\u201d Supachai details.\n\n\nAnd while education and training on ready-mix concrete continues in the rural areas of Thailand, some people and companies in urban areas haven\u2019t completely let go of the bag. The story is similar throughout Southeast Asia with pricing remaining a key issue. Ready-mix concrete costs more than bag concrete initially, but when you factor in other considerations, the price ends up being the same, if not cheaper in some cases.\n\n\nSupachai concludes, \u201cIn addition to reducing time and manpower needed, ready-mix concrete can eliminate inconsistencies that using bag concrete can have. The result is a better overall product at a competitive price.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/bangkok-17-price-hikes", "title": "Bangkok: 17%+ price hikes", "body": "\n\n\n\nThe average selling prices for new units in both the central business district (CBD) and the non-CBD of Bangkok continued to increase by more than 17 percent in both locations during 2015.\n\n\nIn the first research report to be published this year, real estate firm DTZ in its \nResidential Report\n for the H2 2015 reported that in strategic CBD locations, average selling prices for new units stood at THB 209,854 per sqm. This represented an increase of 4.1 percent over the prices recorded during H1 2015, but a substantial 17.6 percent jump year-on-year.\n\n\nDTZ said that likewise, average selling prices in non-CBD locations in Bangkok during H2 2015 increased to THB 105,258 per sqm, up by 2.7 percent from H1 prices and an impressive 17.7 percent year-on-year.\n\n\nThe real estate firm attributed the continuing price growth to the growing scarcity of prime land suitable for condominium development, and the rising land acquisition prices that have helped to unit selling prices for condominiums, especially in CBD locations.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCorrespondingly, for non-CBD locations, the cost of land acquisition for new projects on main roads and along mass-transit lines, it said, is the fundamental factor that is driving unit selling prices skywards. This is particularly evident with land in Thonburi from BTS Saphan Taksin to Bang Wa, and on Sukhumvit Road from Soi 44 to 76 and 65 to 115 \u2013 alongside BTS Phakhanong and Bearing.\n\n\nDTZ said It anticipated the Bangkok condominium market will continue to grow further, especially in the areas along the existing and new mass-transit lines.\n\n\nAdam Sutcliffe, Managing Director for \nDot Property Group (Thailand)\n, was not surprised by this latest data.\n\n\nHe said: \u201cThroughout the last 10 years and more, almost all parts of Bangkok have witnessed extensive price growth.\n\n\n\u201cEven though times of instability and economic difficulties, this latest data shows that investment in Bangkok condominiums will, in almost every situation, result in capital appreciation.\n\n\n\u201cAnyone who is having second thoughts about investing in Bangkok property should study the facts, the research and the data. This is testament to the fact that the city still remains a very safe and secure investment.\u201d\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/bangkok-condo-demand-slides-sukhumvit", "title": "Bangkok condo demand begins to shift away from the CBD", "body": "\n\nThis\u00a0article on the Bangkok condo demand appears in the Dot Property Thailand Real Estate Outlook 2021. You can read the report \nright here\n!\n\n\nCondo demand in Bangkok moved away from the city\u2019s Central Business Districts and towards Sukhumvit\u2019s trendy neighborhoods last year, research from Dot Property shows. Those searching for real estate were most interested in condo units around the Thong Lor, Ekkamai, Phra Khanong and On Nut BTS stations with demand coming from both international and domestic buyers.\u00a0\u00a0\n\u00a0\n\n\nThis stretch along Sukhumvit received the most enquiries on both \nThailand Property\n, the company\u2019s English-language website, and \nDot Property Thailand\n, the Thai-language portal, in 2020. And while international and domestic property seekers were interested in the same Bangkok location, there was a notable difference in what they were after.\n\n\nOverseas buyers eye high-end residences\n\n\nOn Thailand Property, luxury units priced between THB10 million and THB29.9 million received the most enquiries in 2020. This was followed by condo units in the THB5 to THB9.9 million price bracket. This highlights an interesting trend as it relates to foreign buyers active in Bangkok.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTheir numbers may be less than in previous years; however, those that are buying are looking for upscale residences. In the past, there had been significant demand for condo units priced at THB3-5 million, but experts believed these were speculators. Those currently in the market for high-end condo units are more likely to be either end users or long-term investors given the capital required for their purchase.\u00a0\n\u00a0\n\n\nNew luxury projects in Bangkok\u2019s most in demand locations include \nThe Esse Sukhumvit 36\n from Singha Estate and \nIdeo Q Sukhumvit 36\n from Ananda Development. Prices start at more than THB10 million at each development. AP is another developer very active in this part of Bangkok having launched four condominium projects under its Rhythm brand here in recent years. Most units in these developments are priced at THB5 million or above.\n\n\nDomestic demand driven by affordable condo segment\n\n\nWhile domestic property seekers were also most interested in condo units around the Thong Lor, Ekkamai, Phra Khanong and On Nut BTS stations, they were searching for affordable units under THB3 million.\u00a0\n\n\n\u00a0\nProjects in this price range tend to be low-rise developments, such as \nNiche Mono Sukhumvit 50\n from Sena Development and \nThe Base Sukhumvit 50\n from Sansiri, or high-rise condominiums a little further away from BTS stations, like Aspire Rama 4 from AP.\u00a0\n\n\nStudio and 1-bedroom units the preferred option\n\n\nThe most sought after unit type in Bangkok among international and domestic buyers remains studio and 1-bedroom residences.\n\n\nFor more insights,\u00a0\nbe sure to read the Dot Property Thailand Real Estate Outlook 2021\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/bangkok-condominium-buying-driven-shifting-needs-discounts", "title": "Bangkok condominium buying driven by shifting needs and discounts", "body": "\n\nLazudi's Khun Gor (left) and Alex (right) explain what is driving Bangkok condominium buying \n\n\nBangkok condominium buying has declined from dizzying heights of the mid-2010s. That being said, the local real estate market hasn\u2019t ground to a halt either. Activity remains in certain segments with most transactions being a product of shifting needs, discounts or both.\n\n\n\u201cSince the work from home culture has become a normal part of everyone\u2019s life, space is becoming an increasingly important factor, even potentially out-weighing previous priorities, such as distance to public transportation,\u201d Lazudi Executive Sales Director Chomratkamol Soontorntarawong (Khun Gor) states. \u201cThe high-end condominium market is continuing to show a lot of activity. This buying attitude seems to be reflected in larger global buying trends. The demand for Grade A quality buildings is the most consistent, \nparticularly in the form of branded residences\n.\u201d\n\n\nLazudi has been monitoring both the shifting needs of buyers in Bangkok as well as what homebuilders are doing in light of the current situation. Discounts have been an important tool for developers, but Khun Gor adds an overall shift in strategy to selling finished but unsold inventory has kept the market moving.\n\n\n\u201cThis year saw the lowest number of new condominium launches in Bangkok over the last 10 years. It has been beneficial as the market was given an opportunity to absorb stock and ease any concerns of over-supply. Promotion units, additional discounts, transfer fee waivers and furniture packages are all tactics we\u2019ve noticed,\u201d Lazudi Consultant and Commentator Alex Blencowe reports. \u201cOverall, prices have remained largely unaffected after an initial burst of discounts during the first COVID-19 wave.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAlex also points out with this strategy being applied to projects across Bangkok, it is best to focus on locations and segments with the most market activity and price consistency. Projects in central city locations, such as Sukhumvit, Sathorn/Silom and \nalong the Chao Phraya River\n, from well-known developers continue to draw the most interest.\n\n\n\u201cOur foreign market has seen a mixture of buyers who are comfortable purchasing sight unseen looking to build their overseas investment portfolio and expats currently living in the city shopping around for deals. Both groups are confident long term with the Thailand market,\u201d Alex explains.\n\n\nAnd there are reasons for this confidence. Bangkok is still a developing city with a huge emphasis on growing infrastructure. Alex cites under construction transit lines, hospitals and mixed-use developments as projects which will likely support a real estate market recovery moving forward. However, investors, especially those focused on buy-to-let properties, also need to understand the short-term realities.\n\n\n\u201cIn the short-term, buy-to-let investors should be wary of a cooling rental market as everyone is looking for a \u2018special\u2019 discount during this unprecedented period,\u201d Khun Gor says. \u201cLonger term, when a level of normality returns, there will inevitably be a bounce back on rental prices. Whilst yields might be dropping in today\u2019s market, capital prices have seen relatively little movement, which is perhaps unexpected to some.\u201d\n\n\nWhat\u2019s next for the Bangkok property market?\n\n\nProjects like One Bangkok are making real estate investors take notice of Rama IV\n\n\nWhile Bangkok condominium buying is currently driven by shifting needs and discounts, those looking for what\u2019s next may want to turn their attention to Rama IV. Once seen as the area between Sukhumvit and Silom/Sathorn, it is being transformed into the city\u2019s next hub.\n\n\n\u201c\nRama IV has four mixed-use, super-projects coming along with a wealth of new opportunities\n. These mixed-use spaces will offer Grade A offices along with new luxury condominiums, retail spaces, hotels, serviced apartments and convention halls,\u201d Alex notes. \u201cThe crown jewel of these upcoming projects is One Bangkok. This enormous THB120 billion fully-integrated district is the largest private sector property development in Thailand\u2019s history.\u201d\n\n\nAn interesting aspect about One Bangkok and a handful of other developments is the fact residences are only available on a leasehold basis. The impact of this is something Alex believes bears watching.\n\n\n\u201cUnits in both One Bangkok and Dusit Central Park are only available on leasehold terms. It is the same for the recently completed Sindhorn Village,\u201d Alex says. \u201cAttitudes towards leasehold in this segment will be worth watching as it is a huge disadvantage in the eyes of some foreign buyers despite the difference in ownership usually reflected in the price.\u201d\n\n\nFor more information on Bangkok real estate:\n\n\nChomratkamol Soontorntarawong (Khun Gor)\n\nEXECUTIVE SALES DIRECTOR\n\n+66 (0) 91-028-8445\n\n\n[email\u00a0protected]\n\n\nBangkok Properties for Sale and Lease\n\n\nAlex Blencowe\n\nCONSULTANT & COMMENTATOR\n\n\n[email\u00a0protected]\n\n+66800199103\n\n\nBangkok New Developments & Investments\n\n"} {"url": "https://www.dotproperty.com.my/blog/bangkok-housing-demand-soars-buyers-look-suburbs", "title": "Bangkok housing demand soars as more buyers look to the suburbs", "body": "\n\nDevelopers such as Frasers Property (pictured) were able to tap into growing demand for houses in Bangkok\n\n\nThe article on Bangkok housing demand appears in the\u00a0\nDot Property Group Report: How Has COVID-19 Impacted the Thailand Property Market?\n\u00a0\nClick here to download your FREE copy\n.\n\n\nKey Stats\n\n\n\n\nSuburban Bangkok housing demand jumped by 12.7% during the COVID-19 pandemic\n\n\nDemand for suburban Bangkok homes costing THB30 million or more skyrocketed by 55.1% since April 2020\n\n\nForeign demand in Bangkok housing soared by 24.4% between April 2020 and March 2021 when compared to the previous 12 months\n\n\n\n\n\n\nDemand for housing in Bangkok and the surrounding provinces rose by 9.7 percent since the COVID-19 pandemic began in 2020. This would support past statements from many leading Thai developers who claim there is real demand from buyers in this segment.\n\n\nIn particular, demand for homes in the suburban Bangkok provinces of Samut Prakan, Nonthaburi and Pathum Thani surged by 12.7 percent year-on-year during the COVID-19 pandemic. In Bangkok, housing demand increased by a more modest 3.1 percent.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAs far as total market share, housing in Bangkok and the surrounding areas accounted for 37.6 percent of total residential demand in the capital region between April 2020 and March 2021. This was an increase of 1.8 percent from the previous 12-month period.\n\n\nThere does seem to be some correlation between the COVID-19 situation and demand for suburban Bangkok housing with enquiries peaking in May/June 2020 and again in the first quarter of 2021. These correlate with the first, second and third waves of COVID-19.\n\n\nProperty seekers want high-end homes in suburban Bangkok\n\n\nDemand for home prices at THB5 million and above soared during the COVID-19 pandemic signaling a change in priorities for many potential homebuyers. Enquiries for suburban Bangkok homes costing THB30 million or more skyrocketed by 55.1 percent. Meanwhile, demand for THB10-30 million homes jumped by 48.9 percent and rose by 33.9 percent for the THB5-10 million price range.\n\n\nInterestingly, enquiries received for homes priced at less than THB5 million shrunk by less than one percent. In the year prior to the COVID-19 pandemic, this segment contained 84.3 percent of all suburban Bangkok housing demand but that dropped to 76.5 percent between April 2020 and March 2021.\n\n\nInternational Bangkok housing demand grows, but volume remains limited\n\n\nBangkok housing demand among overseas property seekers grew by 24.4 percent year-on-year between April 2020 and March 2021. This accounted for nearly 30 percent of all foreign demand for residential property in the Thai capital. Ultimately, interest in housing remains far behind condos.\n\n\nDownload your free copy of the report\n\n"} {"url": "https://www.dotproperty.com.my/blog/bangkok-land-prices-grow-slower-pace-previous-years", "title": "Bangkok land prices grow but at a slower pace than previous years", "body": "\n\nLand prices in Bangkok are still rising but not as quickly as in the past\n\n\nBangkok land prices continue to grow but at a slower pace than previous years, according to the Real Estate Information Center (REIC). There were a number of reasons for this, including Thailand\u2019s struggling economy and the full collection of the land and building tax which went into effect this year.\n\n\nThe REIC\u2019s price index of vacant land in Greater Bangkok was 354.5 in the second quarter of 2022. This was a four percent increase from the first quarter and 6.5 percent higher when compared to the same period last year.\n\n\n\u201cVacant land prices keep rising consecutively but at a slower pace when compared with an average annual growth of 14.8 percent between 2015 and 2019,\u201d \nKhun Vichai Viratkapan, Acting Director-General of the REIC, told the Bangkok Post\n. \u201cMany developers slowed down land purchases as land costs are higher after the land and building tax started the 100 percent collection rate this year, from 10 percent in 2020-21. They need to control the tax burden, which is one of the development costs.\u201d\n\n\nRelated:\n\u00a0\nFuture rail lines cause suburban land prices in Bangkok to rise\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBangkok land prices grow fastest in the suburbs\n\n\nThe REIC noted Bangkok land prices are growing fastest in the suburbs due in large part to rail lines that are currently planned or being built. In fact, the noticeable increases happened in the capital\u2019s neighboring provinces of Nonthaburi and Samut Prakan which have existing public transportation infrastructure that will be expanded.\n\n\nIn particular, Bang Phli in Samut Prakan has become a hot spot when it comes to \nBangkok land for sale\n due to its proximity to Suvarnabhumi Airport and the city area.\n\n\n\u201cLand in Bang Phli is in high demand from both industrial estate developers that are looking for warehouse development and expansion, and residential developers that are looking to develop housing projects,\u201d Khun Sopon Racharaksa, Chief Executive of Frasers Property Industrial explained to the newspaper.\n\n"} {"url": "https://www.dotproperty.com.my/blog/bangkok-most-affordable-in-2016", "title": "Bangkok: Most affordable in 2016", "body": "\n\n\n\nA prominent United States-based travel website has named Bangkok as its most-affordable destination for 2016 \u2013 news that will be welcomed by all property industry professionals in the Kingdom given the proven link between tourists and eventual property buyers and investors.\n\n\nWith the New Year quickly approaching, \nwww.priceline.com\n has analysed hotel bookings for 2016 to forecast where travelers will be heading after the New Year.\n\n\nOnce again, the number one spot on \npriceline.com\n\u2019s list of top destinations for 2016 goes to Las Vegas, and overall Florida was found to be the most popular state with multiple warm-weather cities on the list, including Orlando, Miami and Fort Lauderdale.\n\n\nWhile many travelers will be heading stateside, others will be heading internationally to Asia next year, including to Bangkok which it named as being the most affordable destination, and also the third most-popular international destination for Americans next year.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRelated News: \nTop website names Phuket in Top Ten travel destinations for 2016.\n\n\nPriceline.com\n Travel Editor Brian Ek said: \u201cWithin the U.S., Las Vegas and other big cities like New York City, Miami and San Francisco remain top favorites; however, we\u2019re also seeing the resurgence of interest in traditional Florida destinations, such as Sarasota and Cocoa Beach \u2013 both of which have favorable average daily rates under US$125 per night on \npriceline.com\n.\n\n\n\u201cInternational draws include favorites such as Cancun and Costa Rica in Latin America and newcomers such as Bangkok and Sydney in the southeastern part of the world.\u201d\n\n\n\n\n\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/bangkok-prime-prices-keep-rising", "title": "Bangkok prime prices keep rising", "body": "\n\n\n\nPrices of super-prime and prime residential condominiums in Bangkok are continuing to rise, according to the latest research from real estate firm Knight Frank Thailand.\n\n\nAlthough accounting for less than 5 percent of the total Bangkok condominium supply, these segments enjoyed relatively good sales due to their locations in the heart of Bangkok.\n\n\nThe selling prices of newly-launched projects in these categories increased sharply, due to the scarcity of land. Prices of super-prime units jumped from THB 310,450 per sqm at the end of 2014 to THB 338,930 per sqm during 2015, whereas the selling prices of prime condos increased from THB 237,988 per sqm in 2014 to THB 253,917 per sqm last year.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFrank Khan, Executive Director and Head of Residential for Knight Frank Thailand, said Bangkok\u2019s super prime and prime condominium segment will continue to attract purchasers with prime locations becoming rare, reflected in the high prices.\n\n\nHe explained that super-prime and prime condominiums for buyers who purchase a unit as their second homes reflect their lifestyles and convenience of living. Super-prime and prime condominiums offer great locations with fine dining, schools and hospitals located nearby.\n\n\nSome of the super-prime condominiums provide world-class branded residence services, which make life easier for High-Net-Worth Individuals, and also offer high-end facilities such as the right size of swimming pool and green areas.\n\n\nKhan also added that demand of super-prime and prime condominium is mainly in the Sukhumvit area, near Thonglor BTS and Sukhumvit Sois 37-39, Rajdamri, Langsuan, and Wireless. He expects the new emerging area for super-prime and prime condominium will be the Bangkok riverside, such as Charoen Nakorn.\n\n\nAccording to Knight Frank Thailand Research, in 2015 alone approximately 1,096 units were sold under these two categories. The accumulated sold rate of super-prime and prime condominiums was 69.3 percent and 86 percent, respectively. The super-prime accumulated sold rate at the end of 2015 \u2013 at 69.3 percent \u2013 was a slight increase from the first half of the year due to a small increase in supply (only 146 units were launched) with a total of 602 units available for sale at the end of 2015.\n\n\nThe Prime condominium market, on the other hand, slowed with the unit take-up within the period down to only 96 from the previous half year of 323 units. Despite that, the prime market still outperformed the overall Bangkok condominium market in this period, which exhibited greater effects of a market slowdown.\n\n\nIn terms of supply, as of the end of 2015 there were 1,960 super prime units from a total of 10 projects. The Residences at Mandarin Oriental Bangkok, located on the Riverside, was the only super-prime project launched within the period with 146 units, increasing the market supply share for the Riverside area, currently at 25 percent of the total super prime stock, from 18 percent during the first half of the year. Largely, the accumulated super-prime supply is now almost evenly distributed within the choice Bangkok neighbourhoods of Sukhumvit, Sathorn, Central Lumpini and the Riverside.\n\n\nAs for the prime market, Beatniq on Sukhumvit Road was the only prime project launched within the same period, adding 197 units to the Bangkok prime condominium market which currently stands at 2,548 units.\n\n\nThe average selling price per sqm of both super-prime and prime markets continued to climb.\n\n\nAt the end of 2015, the per square metre prices were THB 338,930 and THB 253,917 for super-prime and prime condominiums, respectively. A more significant rise in price was observed in the super-prime market with prices up by 9.17 percent year-on-year, whereas the prime market saw prices rise by 6.69 percent year-on-year.\n\n\nWhat\u2019s more, newly launched super-prime and prime projects are now starting to offer furniture packages which helped differentiate different unit types. Some designated units within the same building, which were sold at a premium of THB 25,000 to THB 85,000 of the per sqm selling price, received better flooring materials, built-in home automation, and better kitchen and sanitary equipment on top of what is being offered with the average units in the project.\n\n\nSome developers utilised this strategy to justify selling prices of up to THB 430,000 per sqm.\n\n\nAnchalee Kasemsukthawat, Director of the Residential Department at Knight Frank Thailand, said that prospective clients looking to buy super-prime condominium units yearn for privilege and exceptional 24-hour world-class services on a par with 5-star hotels in addition to prime location, convenience and privacy.\n\n\nThais account for approximately 65 percent of super-prime condominium buyers, purchasing a super-prime unit as their lifestyle product and as their second home that serves their exclusive lifestyle.\n\n\nMeanwhile those who look for prime condos are meant to gain capital yields therefore they would rather go for prime condominiums that match expatriates\u2019 lifestyle. Location and convenience are key factors among foreign tenants looking to rent a prime condominium.\n\nKnight Frank Thailand added that the super-prime and prime market is far from being over-supplied.\n\n\nThese two markets will see a lower number of supply it said, but prices will still climb slowly.\n\n\nMany high-end developers are starting to put much more effort into product differentiation through material selection, all the way to more cutting edge designs and integration of extra facilities.\n\n"} {"url": "https://www.dotproperty.com.my/blog/bangkok-serviced-apartment-market-stays-steady-despite-greater-competition", "title": "Bangkok serviced apartment market stays steady despite greater competition", "body": "\n\nThe Civic Horizon Ekkamai is one of several branded Bangkok serviced apartments targeting expat tenants \n\n\nThe Bangkok serviced apartment market remains stable even with these units facing greater competition for condo units. Several prominent Thai developers, including Sansiri and Ananda, have entered the Bangkok serviced apartment market in recent years as they look for ways to increase revenue and create sustainable passive income.\n\n\nAccording to Colliers International Thailand, demand for \nBangkok serviced apartments\n is strongest in the Central CBD and Sukhumvit areas of the city, although there has been little movement in terms of both occupancy and rent. Increases may be possible in the future, but competition from the condo market will limit the potential of this.\n\n\nThe report from Colliers International Thailand\n noted that there were 23,733 serviced apartment units in Bangkok at the end of the fourth quarter with another 5,834 units expected to be finished between now and 2022. Most of the developments are low-rise serviced apartments located along Sukhumvit Road.\n\n\nThe Bangkok serviced apartment market continues to record a strong occupancy rate with this figure hitting 85.97 percent in the fourth quarter of 2019. However, this figure has seen little growth in the past few years.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cAlthough the number of expatriates in Bangkok grew continuously every quarter, the average occupancy rate of serviced apartments in Bangkok did not dramatically increase over the past few years. We expect the average occupancy rate of serviced apartments in Bangkok in the first quarter of 2020 to be stable and remaining similar to the previous quarter,\u201d the Colliers International Thailand reported.\n\n\nMeanwhile, the proliferation of condo projects throughout the Thai capital has limited the rental potential of the Bangkok serviced apartment market. Rents have been fairly stagnant since 2017 with some potential renters opting for low-priced condo units.\n\n\n\u201cServiced apartments have been intensely competitive with condominiums and luxury apartments during the past few years. Many foreigners moved from serviced apartments to condominiums in the same location, due to lower rents and similar facilities. Thus, not many new serviced apartments were added to the market in the past few years or will be in the future.\n\n"} {"url": "https://www.dotproperty.com.my/blog/bangkok-to-hit-new-highs", "title": "Bangkok to hit new highs", "body": "\n\n\n\nBangkok\u2019s property and real estate sector during 2016 will be focused on luxury projects, and be dominated by what CBRE Thailand has called \u201cselective buying\u201d.\n\n\nDowntown Bangkok will continue to be the most sought-after address it concluded in its Bangkok Real Estate Outlook for 2016 report, which was published earlier today (Wednesday).\n\n\nIt said that unlike the midtown and suburban areas of the city where there are more than 400,000 completed units, the downtown condominium market in Bangkok is a low volume, high value market.\n\n\nThe real estate firm said that it expects to see the prices for new launches in prime downtown areas continue to increase during 2016. It said that because there are so few vendors willing to sell prime plots of land, intense competition among developers has resulted in increasing land prices. CBRE added that it believes this will further push prices higher in the best downtown locations in Bangkok during 2016.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIn contrast, CBRE expects that the overall Bangkok condominium market will be slow during 2016 as a result of the sluggish economy, Despite this, it said the number of new projects will be roughly the same or slightly higher than those seen during last year.\n\n\nIt reported: \u201cThe risk during this economic slowdown is that not every project will be able to capture the buyers\u2019 imagination in terms of location, specification and quality to justify high asking prices, and there is only a small pool of potential buyers who can afford these luxury projects.\n\n\n\u201cTherefore, the key for developers during 2016 is to focus on developing the right product in the right location at the right price. Only projects that manage to do so will be able to succeed.\u201d\n\n\nLess prime locations will be harder to sell and will likely face strong completion in a market where buyers remain less confident, it added.\n\n\nResale condominiums, especially good quality ones, will be an exciting area to watch in 2016.\n\n\n\u201cWith the prices of newly launched condominiums reaching almost five times higher than some 20-year-old condominium projects in similar locations, CBRE Research believes that (resale) prices in older buildings in the best locations that have been well-maintained will still rise, especially for the larger two- and three-bedroom units that have limited new supply.\n\n\n\u201cThe demand will come from buyers who are looking for large condominium units, but cannot afford the record-breaking prices of newly launched projects.\u201d\n\n\nCBRE added that during 2015, 80 percent of units with prices of more than THB 200,000 per sqm in downtown Bangkok were purchased by Thais, and it does not expect this to change dramatically in 2016.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/bangkoks-beatniq-selected-public-project-year-2019-ab", "title": "Bangkok\u2019s BEATNIQ selected by the public as Project of the Year 2019", "body": "\n\nKhun Prayongyut Itthiratchai, Deputy Chief Operating Officer-Property Development-High Rise (3rd from right) and the SC Asset team celebrate with Mr James Claassen, Dot Property Commercial Director (far right); Mr Matthew Campbell, Dot Property CEO (2nd from right); Mr Adam Sutcliffe, Dot Property Director Events and International Markets (far left)\n\n\nThe Dot Property Southeast Asia Awards 2019 saw the awarding of the very first People\u2019s Choice Award for \u201cProject of the Year\u201d. With anticipation building throughout the presentation ceremony at Park Hyatt Bangkok on December 12, the People\u2019s Choice Award for \u201cProject of the Year\u201d 2019 was the final award handed out on the evening signifying its prestige.\n\n\nThe Southeast Asia People\u2019s Choice Award for \u201cProject of the Year\u201d 2019 featured the country winners of the award from Thailand, the Philippines and Vietnam with the winner voted on exclusively by the public. The finalists were Park Cascades from Alveo Land, BEATNIQ Sukhumvit 32 from SC Asset and Sunshine Diamond River from Sunshine Homes.\n\n\nMore than 10,000 votes were cast and the public chose BEATNIQ Sukhumvit 32 as their favourite development in 2019. It was a huge accomplishment for Thailand developer SC Asset as their project shined on the regional stage. Khun Prayongyut Itthiratchai, Deputy Chief Operating Officer-Property Development-High Rise, and the team from SC Asset were on hand to accept the award from Dot Property management.\n\n\nBEATNIQ Sukhumvit 32 is located in Bangkok\u2019s trendy Thong Lor neighbourhood and features incomparable exterior and interior design; an innovative smart home concept; and generous living spaces at a competitive price. Property buyers have responded well to all of these points as the rare blend of luxury and practicality have proven to be a hit.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe upscale condo features modern unit designs fitted with the latest smart home technologies. Additionally, the spacious residences along with a wide range of amenities provide a luxurious retreat from the city.\n\n\nThis was the third award for BEATNIQ in 2019. The condo was named Best Luxury Condominium Bangkok at the Dot Property Thailand Awards 2019 in addition to winning \nPeople\u2019s Choice Award for \u201cProject of the Year\u201d at the same event\n.\n\n\nSC Asset was a double winner at the Dot Property Southeast Asia Awards 2019 as their 28 Chidlom development garnered the award for Best Luxury High Rise Condominium.\n\n"} {"url": "https://www.dotproperty.com.my/blog/bangkoks-grey-line-gets-green-light-will-thong-lor-property-market-benefit", "title": "Bangkok\u2019s Grey Line gets green light, but will Thong Lor property market benefit?", "body": "\n\nA look at renderings of the proposed Grey Line monorail over Thong Lor\n\n\nBangkok\u2019s mass transit expansion plans are well under way, but it seemed as if the Grey Line was the one proposed project that wouldn\u2019t get off the ground. The monorail project was slated to travel down Thong Lor, connecting the middle Sukhumvit area to Rama IX and Lat Phrao in the north and the riverside in the south. However, those plans had remained dormant for years until now.\n\n\nThe Bangkok Metropolitan Administration adjusted the plans in an attempt to kickstart the slow moving infrastructure project. The Grey Line will now be broken up into two sections, the first of which being a 16.2 kilometre stretch that will run from the \nThong Lor BTS station\n\u00a0to Vacharapol, stopping at Kaset-Nawamin Road, \nLat Phrao\n\u00a0Soi 87, Rama IX Road and Phetchaburi Road. The area is currently underserved by public transit and experts believe the monorail will improve traffic throughout central Bangkok.\n\n\nIt is a project that has been talked about for years, but the government has recently decided to prioritise the Grey Line with several other mass transit projects now under construction. A number of issues, such as land ownership, have now been worked out and the Bangkok Metropolitan Administration is already preparing an environmental impact assessment for the project.\n\n\n\u201cThe Grey Line has always been a high priority for Bangkok governor Aswin Kwanmuang. We have been working hard to make it come true. Recently, hurdles have been cleared. The Grey Line can serve city folks as soon as 2023,\u201d \nBangkok Deputy Governor Sakoltee Phattiyakul, explained to the Bangkok Post\n. \u201cCity Hall supports the Grey Line project because it does not require a huge investment like the skytrain and subway. It will also not affect local residents as officials will not expropriate their land.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThong Lor property set to benefit from the Grey Line?\n\n\nWhile the Grey Line will boost land and project values all around it, the Thong Lor property market could gain the most. Between 2013 and 2018, condominium prices in Thong Lor rose by more than 40 percent. Now with a firm commitment to building the Grey Line, further upward movement is expected in terms of rents.\n\n\nProjects like The Monument Thong Lo could see faster appreciation due to the Grey Line\n\n\nThe reason property prices have risen recently was attributed to a limited supply of land available for development and high demand from Thai and foreign investors in the area. Thong Lor has long been a popular spot since it is a leading place to live for expats working in Thailand. That\u2019s due in large part to the lifestyle options the neighbourhood has as well as a BTS station.\n\n\nThese factors had a positive impact on rental rates which are among the highest in the city. Rents average close to THB1,000 per square metre per month. This places Thong Lor behind only the luxury areas in Bangkok such as Wireless Road.\n\n\nUltimately, it is still too early to tell just how the Grey Line will impact the Thong Lor property market but there a few observations that can be made. Land here is already scarce and only a limited number of new developments will be built moving forward. This should help prevent oversupply from forming.\n\n\nIt seems highly likely those investors who have recently purchased condominium units along Thong Lor or who do so before the end of the year will be getting them at a significant discount. The Thong Lor property market will see prices continue to increase and the Grey Line could supercharge this.\n\n\nThe completion of the Grey Line may also create more demand for rental properties along Thong Lor. With easier access to other parts of the city via mass transit, people who may have wanted to live here in the past but couldn\u2019t manage it from a logistical standpoint will no longer have that obstacle.\n\n\nWork remains to get the Grey Line off the ground, but if it does come to fruition, the Thong Lor property market has the most to gain from it.\n\n"} {"url": "https://www.dotproperty.com.my/blog/basics-making-a-phuket-leasehold-villa-purchase-make-financial-sense", "title": "The basics of making a Phuket leasehold villa purchase and does it make financial sense?", "body": "\n\nWhen making a Phuket leasehold villa purchase, it's important to know all the ins and outs\n\n\nOverseas buyers can\u2019t buy land in Phuket, but they can acquire the right to use the land via a 30-year lease. Once you have a lease, you can then apply for a construction permit to build a house, villa or any structure on it. The lease is guaranteed for its duration meaning the land cannot be taken away from you by the lessors assuming you have followed the terms of the agreement. In some cases, leases can be extended for two additional 30-year periods if both parties agree.\n\n\nThere are also several developers in Phuket that are building villa projects. Residences in these villa complexes are leasehold, but unlike the above-mentioned method, everything is paid for in one lump sum. You get the lease to the land as well as the built villa. In some cases, the developer will offer a guaranteed buyback at the end of the lease term.\n\n\nRelated:\n \nUnderstanding foreign ownership of houses and villas in Thailand from a legal perspective\n\n\nEither way, you are obligated to pay a registration fee for the lease which is 1.1 percent of the property\u2019s rental value.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSteps to making a\n \nPhuket leasehold villa purchase:\n\n\n\n\nDraft the lease with agreed upon terms between you and the lessor. This should include issues such as lease extensions, transfer of lease, etc.\n\n\nSign the purchase agreement and complete payment\n\n\nGo to the Land Office and register the lease with the government\n\n\n\n\n\n\n\n\n\n\n\n\nSomething to consider\n\n\nYou will also find leasehold condo units for sale in Phuket. The purchase process is the same as buying a leasehold villa, although some developers offer unique terms to make these properties more attractive to buyers. It is one of many things you must consider when \nbuying Phuket real estate\n.\n\n\n\n\n\n\n\n\nIs making a Phuket leasehold villa purchase a good financial decision?\n\n\nIt can be easy to dismiss making a Phuket leasehold villa purchase altogether, but it\u2019s not as crazy as you may think. Let\u2019s say you have your heart set on a Phuket villa, it can still be a solid investment even if you don\u2019t technically own it.\n\n\nIn fact, it is possible to make it a profitable investment over the initial 30-year lease period even if you don\u2019t have a guaranteed buyback clause in your agreement. Let\u2019s start by assuming you want to use the villa for one month every year and the villa you bought costs THB8 million. This will get you a nice mid-range, multi-villa bedroom that you can rent out for THB40,000 a month.\n\n\nIn some cases, the development will have its own rental program and handle this for you. But in our example, we will say you have hired a property management company that takes care of rentals. We will also be conservative with our estimates and say the company could only find a person to rent the villa eight months out of the year. Two months it is empty and one month you are using It for your holiday.\n\n\n9 months X THB40,000 = THB360,000 annual income\n\u00a0\n\n\nNow the property management company will take a 15 percent cut that brings your estimated annual income to THB300,000. Over the course of the 30-year lease, you will make THB9 million before paying the tax on the rental income and other costs such as the development\u2019s facilities fee.\n\n\nAfter all that, you are probably coming in slightly below the breakeven point in the highly unlikely event villa rental rates in Phuket stagnate during the next 30 years. But if rental prices grow, even marginally, or you are able to rent the villa out for ten months instead of nine, there is a path to the leasehold villa also being a profitable investment.\n\n"} {"url": "https://www.dotproperty.com.my/blog/battersea-power-station-scoops-award", "title": "Battersea Power Station scoops award", "body": "\n\n\n\nMalaysian developers behind Battersea Power Station are praised for their regeneration. \n\n\nThe Malaysian consortium behind the development of \nBattersea Power Station\n in London have been recognised for their work. The team behind this large scale project, S P Setia Berhad, Sime Darby, and Employees Provident Fund, has been awarded Property Company of the Year the Evening Standard Business Awards 2017.\n\n\nThis large scale development sits on the banks of south side of the River Thames in the borough of Wandsworth. The iconic power station is recognised worldwide and its restoration will create a \u2018new riverfront destination for London\u2019. A collaboration between architects\u00a0Foster + Partners and Gehry Partners. The mixed used scheme will consist of retail, restaurants, office space, leisure facilities and events spanning a site of 16.8 hectares. The development of Battersea Power Station started in 2013 and is expected to create 17,000 jobs once complete.\n\n\nAlongside the development, the northern line of the London underground network will be extended to reach Battersea Power Station. Due to be opened in 2020 this will help to open up this pocket of London. An area that has sat idle since the station stopped generating electricity in 1983. Formerly a coal-fired power station that was built in 1930s with the Battersea B Power Stating being built in the 1950s.\u00a0\n\n\nThe development of the structure is challenging due to the Grade II listing status it holds that restricts how it can be altered. However, this project has proved to be a success with residents already moving into the first phase of the buildings recommission. The developers have also revealed that the Apple will be one of the future office tenants.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/beat-the-heat-and-stay-hydrated", "title": "Beat the heat and stay hydrated", "body": "\n\n\n\nMilk is a great hydration option. It\u2019s always hot in this part of the world it seems but be warned, with the sun comes that intense heat. Whether you\u2019re enjoying the park with your family or exercising outdoors, it\u2019s important to stay hydrated, especially during the hottest months.\n\n\nStaying properly hydrated can keep the heat from ruining your outdoor fun. Dehydration can be a serious problem. Luckily it\u2019s easily preventable and you don\u2019t have to stick to just water. You may be surprised to learn that both white milk and chocolate milk are great hydration options, too.\n\n\nLow-fat chocolate milk has the right carb-to-protein ratio to help recover after a tough outdoor (or indoor) workout. Plus, fat free milk and full fat milk rank higher for hydration than other beverages like water and sports drinks, according to a study. Both types of milk improved hydration status and kept study participants hydrated longer compared to other beverages, which researchers attributed to the electrolytes sodium and potassium \u2013 both naturally found in milk.\n\n\nHere are three simple tips to stay hydrated all summer long:\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWatch your thirst: this is usually the first sign of dehydration. Sip on a variety of hydrating beverages throughout the day, instead of waiting until you\u2019re thirsty.\n\n\nIf you\u2019re a parent, keep an eye on the intensity of your kids\u2019 activities and always have hydrating drinks on hand. Grabbing a cup of cold milk on the way to the park is a great on-the-go option.\n\n\nBegin your day by pairing a glass of milk with your breakfast. Not only does milk help you stay hydrated, you\u2019ll enjoy other benefits like nine essential nutrients including 8 grams of high-quality, natural protein in every 8-ounce glass.\n\n\n\n\nStaying properly hydrated doesn\u2019t have to be difficult. Try this Super Food Smoothie for a refreshing and delicious way to hydrate. For more information and recipe ideas, visit milklife.com.\n\n\nSuper Food Smoothie\n\n\nServings: 2\n\n\n1 1/2 cups frozen blueberries\n\n1 cup low-fat or fat free milk\n\n1 banana, sliced\n\n2 tablespoons honey\n\n1 tablespoon vanilla extract\n\n1 teaspoon lemon juice\n\n1/2 cup ice\n\n\nIn a blender, blend all ingredients until smooth. Pour into two glasses and serve. How simple is that?\n\n"} {"url": "https://www.dotproperty.com.my/blog/bedongs-first-township-looks-elevate-local-community", "title": "Bedong\u2019s first township looks to elevate the local community", "body": "\n\nPPB Properties recently launched Phase 1 at Bedong's first township \n\n\nPPB Properties unveiled Lumina Bedong with a clear vision in mind. The property division of PPB Group Berhad wanted to elevate the local community and build the area north of Bandar Sungai Petani. This is Bedong\u2019s first-ever township and will contain an expansive residential zone, a commercial hub and robust green spaces.\n\n\n\u201cWith the development of Lumina Bedong, we are set to reinvigorate and transform the landscape of Bedong. We hope to drive the area and socio-economic landscape through our residential, commercial and recreational components,\u201d Low Eng Hooi, CEO of PPB Properties, stated. \u201cWe are confident that Lumina Bedong will develop into a vibrant township in the coming future, making it a key locality in Kedah.\u201d\n\n\nThat plan starts with the creation of people-centric spaces, new living experiences and thriving commercial pockets to create a lifestyle not available in Bedong. The township covers 228 acres of freehold land and will boast approximately 1,500 affordable landed homes once fully complete.\n\n\nAs part of Phase 1, PPB Properties announced it has launched 221 terrace houses with the centerpiece of this being a thematic park with a wide range of facilities, including a futsal court, jogging trail, outdoor gym and children\u2019s play land.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAccording to the developer, Lumina Bedong appeals to newlyweds or young families searching for their first home. Additionally, the township can be an attractive destination for families in the surrounding area looking to upgrade to newer, more spacious homes within a lively community.\n\n\nPlans also call for the creation of a vast central park equipped with community-building amenities along with diverse retail experiences suitable for working adults, families and children. Lumina Bedong is scheduled to be completed in its entirety by 2035.\n\n\nFor PPB Properties, launching Bedong\u2019s first township is further proof of its commitment to elevating local communities in \nMalaysia\n.\n\n\n\u201cOur mission as a seasoned, community-centric developer has always been about ensuring that we add value and improve the landscape of the local community. We hope to continue delivering well-crafted, quality developments,\u201d Low concluded.\n\n"} {"url": "https://www.dotproperty.com.my/blog/bedroom-style-ideas", "title": "Five bedroom style ideas", "body": "\n\nA perk of working with top \ndevelopers \nand \nagents \nis staying up to date with the latest design trends. We\u2019re sharing inspiration from the five\u00a0bedroom style ideas below so you can transform your bedroom into a personal sanctuary.\n\n\nRemember, a bedroom should feel like a special retreat after a long day \u2013 so style it in a way that expresses who you are and what makes you feel best!\n\n\nA\u00a0wall mounted\u00a0headboard\u00a0\nis all the rage\u00a0these days. This large bedroom in Prima Villa defines the massive area with distinctive slightly different color schemes based around two major pieces. The dark beige headboard blends the sleeping area together while the blue and white decor pull together a sitting area.\n\n\nPrima Villa, Kuala Lumpur\n\n\n\u00a0\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nScandinavian simplicity\n is theme that stole 2016\u2019s heart and seems to be making it\u2019s way into 2017 as well.\u00a0\u00a0Hues such as gray and off-white, warm wooden accents and a love for interiors drenched in a flood of natural light create a clean style. It\u2019s typically a design that\u2019s easy on the wallet too.\n\n\nElevia Residences, Selangor\n\n\n\u00a0\n\n\nPops of color\u00a0\nis making it\u2019s way back in style. The last few years, it seemed so many were afraid of color \u2013 but this is no more! Color evokes emotions and can really express a lot of personality. The vibrant blue and green take a person away to a retreat-like setting in Bali!\n\n\nDiamond City, Selangor\n\n\n\u00a0\n\n\nIntimate minimalism\u00a0\nis a classic trend that is staying put for a long time. Not only is it easy for nearly anyone to design, but the result is always aesthetically pleasing. In a small space all that is needed is lots of natural light, a large mirror, a centralized piece of decor to focus on and a rug to pull it all together. There\u2019s also no fuss on pulling together colors \u2013 just stick to different shades of one.\n\n\nGreen Haven, Johor\n\n\n\u00a0\n\n\nThe all-embracing room\u00a0\nis a great choice for those who spend a lot of time in their bedroom \u2018retreat.\u2019 When working with a large space that features a full-wall window, there are ways to complement the area in subtle details. Notice the long piece of artwork stretching across the wall and also the extended headboard. The rectangle office desk is also sitting beneath a rectangle-styled light fixture. All of these elements add length to the room.\n\n\nPermai Gardens, Pulau Pinang\n\n"} {"url": "https://www.dotproperty.com.my/blog/belt-and-road-initiative-southeast-asia-takes-shape-whats-next", "title": "The Belt and Road Initiative in Southeast Asia takes shape, but what\u2019s next?", "body": "\n\nMalaysian Prime Minister Mahathir Mohamad placed Belt and Road Initiative projects on hold after being elected in 2018\n\n\nWhen Chinese President Xi Jinping officially launched the Belt and Road Initiative (BRI), he did so hoping the country\u2019s major infrastructure investment would boost trade and stimulate economic growth on a worldwide scale. Southeast Asia was seen a natural benefactor of the project thanks to its close proximity to China, developing economies and the need for infrastructure improvement.\n\n\nA report from credit ratings agency Fitch found USD900 billion in projects spread across 68 countries were either completed, underway or planned as part of the BRI, also known as One Belt, One Road, but the impact in Southeast Asia hasn\u2019t been as greatly felt as some had initially hoped.\n\n\n\u201cBRI isn\u2019t as big or grandiose as people think, especially in places like Southeast Asia where there is already a lot of competition among foreign investors,\u201d Jason Chiang, Director at Royal HaskoningDHV, stated. \u201cThere are BRI projects in the region, but there are other countries also actively investing in infrastructure projects here such as Japan. The increased competition makes these projects less attractive.\u201d\n\n\nThe BRI development strategy called for the Chinese government to invest in seaports, airports, high-speed rail lines and other infrastructure projects as well as industrial parks and economic zones. Most of these projects in which Beijing is involved with sees the Chinese government serve as a financing gap provider that supports funding for the global infrastructure projects similar to development banks.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPerhaps the highest profile BRI project in Southeast Asia is the high-speed rail line that could eventually connect Singapore to China with links to Vietnam and Myanmar. \nWork on the rail link has already begun in Laos and Thailand with the Bangkok-Nakhon Ratchasima route\n. However, progress in Malaysia halted when Mahathir Mohamad was elected Prime Minister and placed several infrastructure projects on hold.\n\n\nIn some cases, projects as part of the BRI have proceeded, but outside of the project\u2019s funding sphere. An example of this is Thailand\u2019s much-talked about high-speed rail line that will connect U-Tapao International Airport in Pattaya with Suvarnabhumi and Don Mueang international airports in Bangkok. The project, which finally green lit in November of last year, will not take on any Chinese government-backed financing.\n\n\nInstead, a joint venture between Thailand\u2019s CP Group and China Railway Construction Corp. as well as other partners will invest THB224 billion (USD7.4 billion) to complete the rail line.\n\n\nPPP over Belt and Road Initiative\u00a0financing\n\n\nRail lines have played a big part when it comes to the Belt and Road Initiative in Southeast Asia\n\n\nThat agreement is part of a shift in strategy from Southeast Asian countries that is seeing them move away from BRI financing and instead keying in on either entirely private sector support or, increasingly, public\u2013private partnerships (PPPs) to get projects moving.\n\n\n\u201cCompanies in the private sector are and will continue to be active investors abroad. The BRI can provide access to the various private and public infrastructure projects and help connect everything, but it is probably getting too much credit,\u201d Chiang stated.\n\n\nNowhere is this more evident than in the Philippines where the government has shifted its focus away from BRI financed projects and turned to PPPs to progress with President Rodrigo Duterte\u2019s \u201cBuild\u2026Build\u2026Build\u201d infrastructure goals.\n\n\nChinese-funded BRI infrastructure projects, including a rapid-transit bus line linking Bonifacio Global City to Ninoy Aquino International Airport and two phases of a railway in Mindanao, have been cancelled by the Philippine government as work was not proceeding fast enough.\n\n\nPPPs were initially avoided as part of \u201cBuild\u2026Build\u2026Build\u201d because the government did not like the fact winning bidders had a certain degree of autonomy to increase fares and limit competition. However, they are not unheard of in the country with the Mactan-Cebu International Airport among the infrastructure projects developed under the PP model.\n\n\nFor the Philippine government, the key to progressing with PPPs will be ensuring they benefit the public and the private sector not simply the latter.\n\n\n\u201cAutomatic rate increases, commitments of non-interference and non-compete clauses strip the government of its ability to require concessionaires to improve services, all of which have been detrimental to the public interest,\u201d Vince Dizon, Presidential Adviser for Flagship Programs, said during a government press conference. \u201cUnder the Duterte administration, such disadvantageous provisions will not be allowed.\u201d\n\n\nMoving forward with BRI 2.0\n\n\nA call for greater transparency was agreed upon during the Belt and Road Forum last year\n\n\nAll of the global projects show the clear focus of BRI. That\u2019s trade. Improved overland transit and seaports make it easier for China to ship its goods to the growing markets of Southeast Asia while other projects provide the mainland with new opportunities, such as importing energy, that are seen as vital for the growth of the Chinese economy.\n\n\n\u201cTrade is what is driving BRI. The assets themselves aren\u2019t as important for China,\u201d Chiang pointed out. \u201cThe US and China aren\u2019t fighting an infrastructure war. They are waging a trade war. Trade makes the difference and this is what ultimately is driving BRI.\u201d\n\n\nOf course, there is now a greater awareness from Southeast Asian countries that the BRI must be a two-way street that goes beyond cheap financing. With most Asian countries feeling the squeeze from the US-China trade war in some form or another, nearly all parties involved with the BRI understood that greater transparency is required.\n\n\nThis has led to the creation of BRI 2.0 with President Xi stressing the BRI will now proceed in a transparent way with zero tolerance for corruption. The hope is this will encourage a new wave of cooperation between ASEAN countries and China through different means of funding including PPPs, commercial funding and joint government investment funds.\n\n\nA successful rollout of BRI 2.0 could extend well beyond the realm of infrastructure benefits and help boost entire economies throughout Southeast Asia.\n\n\n\u201cChina\u2019s ever-deepening engagement with Southeast Asia can deliver an economic boost that will ripple out across the region. Growth fostered by BRI has the potential to accelerate the expansion of the region\u2019s middle class, increasingly changing the target of investment in manufacturing from exports to local consumption,\u201d \nDavid Liao, Chief Executive Officer and President of HSBC Bank (China), opined in a Nikkei Asia Review article\n.\n\n\nHe continued, \u201cBut Southeast Asia should do its bit to benefit fully from these opportunities. The region will be more attractive to investors if it can restart the stalled ASEAN integration program begun more than a decade ago.\u201d\n\n\nDuring the Belt and Road Forum in Beijing, IMF Managing Director, Christine Lagarde, touched on what BRI 2.0 holds as well as offered some insights on what must be avoided in order for it to ultimately work for everyone.\n\n\n\u201cThe BRI is clearly having an impact. From stimulating infrastructure investment to developing new global supply chains, some of the promises of BRI are being realized,\u201d Lagarde explained. \u201cAt the same time, to be fully successful, the Belt and Road should only go where it is needed. I would add today that it should only go where it is sustainable, in all aspects. Fortunately, the Chinese government is already taking some steps to ensure this is the case.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/belt-road-steers-chinese-investors-southeast-asia-property", "title": "Belt and Road steers Chinese investors to Malaysian property", "body": "\n\n\n\nChina\u2019s Belt and Road initiative isn\u2019t simply improving infrastructure in the 24 countries that make up the ambitious programme. Countries in Southeast Asia that are part of the Belt and Road, including Thailand, Malaysia, Vietnam, the Philippines and Indonesia, have all seen an influx of Chinese real estate investors.\n\n\nBeijing has already invested USD 50 billion in the countries that make up the Belt and Road region. Southeast Asia may not have a large role, but its strategic location and proximity to the mainland mean it will be integral to the success of the project.\n\n\nAnd while capital controls were supposed to dampen overseas real estate investment from China, leading Chinese property portal Juwai.com told \nChina \nDaily\n\u00a0the negative influence of capital controls has been, at least partially, offset by the positive influence of the Belt and Road initiative.\n\n\nBelt and Road benefits these 3 ASEAN real estate markets\n\n\nWhile most property markets in ASEAN have seen a boost in Chinese investors, there are three countries that stand out. Thailand, Malaysia and the Philippines have all seen an increase in Chinese interest since work on Belt and Road began.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMalaysia\n\n\nThe addition of Malaysia to the Belt and Road initiative was simply the cherry on top of the proverbial sundae for Chinese real estate investors. Research from Knight Frank showed that 35 percent of residential transactions conducted in the past five years were carried out by foreign buyers with Chinese investors accounting for the bulk of these.\n\n\nAccording to Judy Ong, executive director of research and consultancy at Knight Frank Malaysia\n, the country is attractive to mainland investors due Malaysia\u2019s political stability and developed infrastructure as well as the pleasant lifestyle and environment provided. Meanwhile, the Malaysia My Second Home (MM2H) has made the country more attractive to retirees from China.\n\n\nThailand\n\n\nChinese interest in Thai property is nothing new. Mainland investors were responsible almost 30 percent of condominium purchases in 2017, according to CBRE figures. Additionally, Juwai reported the Kingdom was the third most searched for global property destination among its Chinese users in 2017.\n\n\nSee more:\u00a0\nChina tops, but demand for Thai real estate on the rise globally\n\n\nInterest from Chinese buyers isn\u2019t limited to the Thai capital. Pattaya was the top location among Chinese investors while Chiang Mai was third with Bangkok sandwiched in between the two holiday spots. This isn\u2019t surprising. Data from the Thai government showed nearly 12 million visitors came to the country last year, with resort areas being the most popular destinations.\n\n\nWith tourist arrivals from China booming and Belt and Road in full swing, not to mention \nAlibaba now committed to investing in the Eastern Economic Corridor\n, Chinese interest in Thai property shows no signs of slowing down.\n\n\n\n\nPhilippines\n\n\nThanks to thawing relations between Manila and Beijing, Chinese investment in the Philippines is rising with the Belt and Road initiative playing a factor in this. Of course, the surging Filipino economy has played its part in the increase as well.\n\n\n\u201cI think it\u2019s because of the good relations between the Philippines and China. But it\u2019s also because of a strong property market, the ability to come here and buy property at reasonable price and get attractive yields. I think the fundamentals of the economy and real estate are rock solid,\u201d Santos Knight Frank chairman and CEO Rick Santos said earlier this year.\n\n\nRead more:\u00a0\nChinese and South Korean investors eye the Philippines\n\n\nFilipino developers are already seeing an influx of Chinese buyers. SM Prime\u2019s international condominium sales were up in 2017 with mainland investors accounting for 10 percent of this while nearly 50 percent of Ayala Land\u2019s international sales last year were to the Chinese market, \nColliers reported\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/benefits-buying-unit-older-condominium-building", "title": "Benefits to buying a unit in an older condominium building", "body": "\n\nBuying a unit in an older condominium building can be a smart move in the right circumstances\n\n\nEveryone likes the latest and greatest. From technology to cars, most people want what\u2019s new. It is a trend you see quite a bit in real estate as well. Demand for new-build properties is usually strongest, but buying a unit in an older condominium building has benefits too.\n\n\nIt is important to understand these before starting your property search. In some cases, you may find that buying a unit in an older condominium building may actually suit your needs better. With that in mind, here are a few of the benefits.\n\n\nReason to consider buying a unit in an older condominium building\n\n\n1) More value\n\n\nThere is a reason the newest iPhone is the most expensive one on the market. You\u2019re paying a premium on the latest advancements. It\u2019s the same for real estate. A condominium unit in a new-build development will almost always cost more on a per square metre basis than an older one in the same location.\n\n\nThis is usually due to the older property featuring a design and layout that aren\u2019t as intuitive as more modern buildings. Additionally, an old unit may require more maintenance or need to be upgraded. These issues aren\u2019t universal and you\u2019ll need to conduct due diligence if you\u2019re considering buying a unit in an older condominium building.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAn important thing to consider here is value. While you may need to invest in making some renovations or improvements, the money you save from buying a cheaper unit in an older building allows you to budget for it. Additionally, you might even be able to afford a larger unit than you originally thought possible. You may not get all the bells and whistles of a modern condominium building, but the trade off could see you gain an extra 20+ square metres or an additional bedroom.\n\n\n2) Customise your home\n\n\nBuying a unit in an older condominium building gives you greater freedom to customise it. In most new developments, fittings, finishings and even furniture comes pre-equipped. For those who aren\u2019t into design or don\u2019t own furniture, this is great. But this is very restrictive if you enjoy picking out decorations and adding style to your home.\n\n\nThese restrictions don\u2019t usually exist when buying a unit in an older condominium building. You are free to style it as you see fit. The size and scope of the renovations may be limited by the juristic board of the building, so be sure to check with them first before you start making plans.\n\n\n3) No surprises\n\n\nThe most underrated aspect of buying a unit in an older condominium building is the fact you can see it with your own eyes and explore it in person. If you\u2019re thinking about buying a new, off-plan condominium, you can only see a show unit and look at 3D renderings.\n\n\nIt\u2019s not unheard for property buyers to let their imagination run wild when purchasing a new condominium unit only to be disappointed when it is finally turned over because it doesn\u2019t meet their lofty daydreams. On the other hand, what you see is what you get when buying a unit in an older condominium building.\n\n\nConclusion\n\n\nFor some property buyers, acquiring a unit in a new building makes sense. However, buying a unit in an older condominium building shouldn\u2019t be dismissed entirely. That\u2019s especially true if location and space are important factors since you may find you get more bang for your buck with an older property.\n\n"} {"url": "https://www.dotproperty.com.my/blog/benefits-dual-citizenship", "title": "What are the benefits of dual citizenship?", "body": "\n\nDual citizenship in a country like Cyprus comes with many advantages\n\n\nThe article comes to us from Malvern Consulting, a leader in customized and personalized solutions for high net-worth individuals. \nClick here for more information on how they can assist you\n.\n\n\nA second passport, if correctly chosen, can provide a whole new world of opportunities. Your second passport can be a key to living the lifestyle you always dreamed of along with the possibility of becoming a truly global citizen with no boundaries.\u00a0 In our view, dual citizenship serves as both an insurance policy and a method of unlocking new opportunities.\u00a0Receiving dual citizenship can also open up other doors for you, such as easier access to overseas markets.\n\n\nIf you\u2019re considering dual citizenship, but aren\u2019t sure if it\u2019s for you, take a look at some of the ways you can benefit from a second passport, especially one from a European Union country like Cyprus:\n\n\nA SECOND CITIZENSHIP GIVES YOU A SECOND RESIDENCE\n\n\nOne of the most obvious \u2013 but underrated \u2013 benefits of receiving dual citizenship is that it gives you guaranteed residence in that country.\u00a0If you have citizenship in a particular country, then you have the freedom to live there as you choose. You don\u2019t need to worry about residency requirements or visas to get in.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDual citizenship also ensures that you have somewhere to go if you need to get out of your home country. We all love our home country, but having a fail-safe, back-up plan in case you need to leave your country of residence is a good idea.\n\n\nIf you choose to become dual citizen of an EU country like Cyprus, then you cannot only\u00a0\npermanently\n\u00a0live in Cyprus as well as\u00a0\nANY of the 27 EU countries\n\u00a0including Switzerland, Italy, France, Germany and the other EU members.\u00a0In our view, this ability to treat the entire European Union as your second residence if probably the strongest benefit of a top-tier second passport.\n\n\nGETTING DUAL CITIZENSHIP CAN HELP REDUCE YOUR TAXES\n\n\nMany people opt for a dual citizenship because it helps them significantly reduce their tax bills. In countries such as Cyprus, there are ZERO taxes for people not domiciled in the country for income that has been generated outside of the country. For example, if a Thai citizen takes Cypriot citizenship and does not live more than 182 days in Cyprus during a one-year period, then the dividends and profits earned outside of Cyprus remain tax free in the country.\n\n\nIn many cases, it may also make sense for people to move their business center for trading to a low-tax, EU country like Cyprus. For example, if a business owner from the Philippines sets up a company in Cyprus with a maximum corporate tax rate of 12.5 percent on profits and conducts his primary operations from this EU base, he or she may be in a position to significantly save on his tax bill as this tax rate may be significantly lower than that of the home country.\u00a0Additionally, Cyprus has no inheritance, wealth, gi\ufb05\u00a0and immovable property taxes. Dual citizenship therefore serves as an insurance policy for your tax plan.\u00a0It gives you an exit strategy in case of difficulties and it allows you to cut ties when necessary.\n\n\nA SECOND PASSPORT CAN MAKE TRAVELING EASIER\n\n\nApplying for visas and waiting can be very frustrating,\u00a0especially when you need to travel for business in a hurry or for an emergency. This is where dual citizenship can make a huge difference in your lifestyle. However, you can enjoy visa free travel to more than 155 countries, including of course the right to permanently stay in any of the 27 EU countries, with a passport from Cyprus.\n\n\nGETTING DUAL CITIZENSHIP GRANTS YOU ACCESS TO NEW SOCIAL BENEFITS\n\n\nEven if you\u2019re already successful, the stability offered by countries with highly developed social services can be quite desirable. If you or your children move to a country in the EU, such as Cyprus, you can enjoy low-cost health care, send your kids to school in any EU country inexpensively and enjoy pension benefits when you retire.\u00a0While these benefits may not seem significant today, we do not know what the future holds for our future generations. By ensuring a European Legacy via a second EU passport, you can guarantee the best range of possibilities for your children and their generations.\n\n\nDUAL CITIZENSHIP CAN MEAN NEW BUSINESS OPPORTUNITIES\n\n\nFinally, your second passport can give you access to new markets and business opportunities.\u00a0As a citizen of a particular country, you can invest freely in that country, and may have an easier time investing in neighboring countries as well.\u00a0As a citizen of an EU country like Cyprus, you have full access to the European Union for goods and services as well as free movement of capital without any questions or complications.\u00a0This benefit can enrich your business and open up the world of opportunities for you.\n\n\nTherefore, if you want to legally reduce your taxes, take advantage of international business opportunities and live a freer lifestyle, you should start to look into getting a second passport. As a first step you may contact us at Malvern Consulting Ltd. and we can embark on this journey together so that you may realize your dreams in the shortest possible time with the least amount of effort.\n\n\nClick here to find out more information.\n\n"} {"url": "https://www.dotproperty.com.my/blog/benefits-staying-serviced-apartment", "title": "What are the benefits of staying at a serviced apartment?", "body": "\n\nServiced apartments provide more space than hotel rooms while being more flexible on contract length than condos\n\n\nSomewhere between condominiums and hotels is the humble serviced apartment. While these have been around for a long time, this type of residential real estate can be overlooked by those searching for a place to stay in a new city.\n\n\nHowever, serviced apartments are undoubtedly a good option for those who find themselves away from home for a period of 1-5 months. Being in a hotel for that long is hardly ideal while most landlords won\u2019t consider condo rentals of less than six months.\n\n\nThis isn\u2019t to say they are for everyone. But the benefits of staying at a serviced apartment are worth considering should you need a place to rent for a few months.\n\n\nRelated:\n\u00a0\nTips to help get your security deposit back when moving out\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhat are the benefits of staying at a serviced apartment?\n\n\nSpace\n\n\nStandard hotel rooms can feel cramped after a few days while larger ones or suites are going to cost a lot. Of all the benefits of staying at a serviced apartment, the extra space they afford is the one people appreciate most.\n\n\nDaily living essentials\n\n\nMost serviced apartments feature a kitchen, washing machine and other daily living essentials that help you lead a normal life. It is not as good as being at home, but at least you know the basics are covered.\n\n\nTruly fully furnished\n\n\nIn the world of condos, fully furnished can mean any number of different things. However, you will almost always find yourself needing to go out and buy something that is likely to be discarded once it\u2019s time to go home. Serviced apartments ensure you have everything, including little items like cutlery, during your stay.\n\n\nService\n\n\nAs the name suggests, serviced apartments come with some services. These differ but things like housekeeping and even breakfast are usually offered. The frequency of the former does vary with weekly now being standard at most properties.\n\n\nAre you looking for a serviced apartment? \nStart your search here on Dot Property\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/berlin-facts-behind-the-hype", "title": "Berlin: Facts behind the hype", "body": "\n\n\n\nThe German city of Berlin has come up in several conversations recently. Many investors here in Thailand have recognised how it has become a \u2018hotspot\u2019 for the world this year. Let\u2019s look at the reasons why?\n\n\nRewind some 25 years. The whole world watched in wonder as the first pieces of the Berlin wall came down and the broken city began a long healing process to make it whole once more.\n\n\nNow, no longer content to view this vibrant city from afar it seems the world has decided to move to Berlin.\n\n\nThe Berlin senate revealed during the summer that the city\u2019s growth is double the rate that city planners had expected, and more importantly for property investors, and prepared for.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBerlin\u2019s population was expected to swell by 250,000 people between 2011 and 2030. Now city planners believe that number will be added by 2019. In 2014 alone the population grew by 44,700.\n\n\nCity Development Senator Andreas Geisel has described the growth as \u201ca great blessing\u201d, but it has also put pressure on infrastructure, with the need for housing increasingly sharply as a result.\n\n\nFor owners of residential property in Berlin, the city\u2019s newfound popularity has led to some interesting developments. \nCBRE\u2019s Global living: A city by city guide\n reported that average values for apartment buildings rose by 21 percent in a single year. Rents have also shot up by 5.7 percent over the past year (compared with 3.6 percent nationally).\n\n\nRay Withers, the Chief Executive Officer of specialist property investment company Property Frontiers, which is offering high specification buy-to-let apartments in the city at Stadtpark Steglitz from \u20ac153,670, commented: \u201cWe\u2019re seeing some rapid shifts in Berlin\u2019s property market after almost two decades of very little activity.\n\n\n\u201cIt\u2019s an exciting time to be part of the market there and property investors around the world are looking to Berlin as one of Europe\u2019s top residential real estate investment destinations. Berlin looks set to be one of Europe\u2019s most dominant cities during 2016 so far as residential investment is concerned.\u201d\n\n\nAs well as a vibrant arts scene and rapidly growing reputation as Europe\u2019s hottest start-up hub, Berlin offers a low cost of living compared to many European cities.\n\nRents are less than a quarter of the price they are in London: around \u00a3405 in Berlin compared to \u00a32,080 in the English capital, according to CBRE. At the same time, the city\u2019s economy is growing (CBRE cites projected growth of 2.6 percent this year) at a strong and sustainable pace.\n\n\nWith 81.2 percent of the city\u2019s population opting to rent their property (compared with 51.3 percent nationally), Berlin arguably still represents a huge opportunity for buy-to-let investors looking to pick up a residential investment in a European hotspot.\n\n"} {"url": "https://www.dotproperty.com.my/blog/best-christmas-decoration-ideas-small-spaces", "title": "The best Christmas decoration ideas for small spaces", "body": "\n\nSometimes less is more when it comes to Christmas decorations in a small space\n\n\nThe best Christmas decoration ideas for small spaces are designed to help you get into the holiday spirit without it consuming your condominium unit or small house entirely. It is possible to find the right balance of yuletide joy and home, but it does require some creative thinking.\n\n\nPerhaps the most common mistake people make is buying Christmas decorations before planning on how they will be placed in the home. Like most interior d\u00e9cor in small residences, it is important to plan for the holidays in order to maximize available space.\n\n\nIt is possible to spread holiday cheer in your condominium unit without having it take over entirely by following the best Christmas decoration ideas for small spaces.\n\n\n4 of the best Christmas decoration ideas for small spaces\n\n\n1) Non-traditional Christmas tree (AKA Wall Trees)\n\n\nUnfortunately, Christmas trees are not designed for living in a small space. Their round form can be hard to accommodate if you want something taller than a few inches. One smart alternative is a non-traditional Christmas tree. Also known as a wall tree, this is where you decorate a wall with lights and ornaments in the shape of a tree. This 2D version is a great way to save space while ensuring holiday d\u00e9cor doesn\u2019t overrun your residence.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n2) Define your colors\n\n\nRed and green are the traditional colors of Christmas, but when you start adding lights and other decorations, it can become a visual cacophony. One of the best Christmas decoration ideas for small spaces is to keep your color scheme simple. A lot of people opt for white with red and green accents because it provides that holiday feel without radically altering their home.\n\n\n3) Limit your lights\n\n\nChristmas lights are important, but don\u2019t feel obligated to use the full string, especially if it ends up zig-zagging through your entire home. Pick a confined area for your holiday lights and stick to it.\n\n\n4) Don\u2019t forget the wreaths\n\n\nA wreath on the outside of your door is a great way to create yuletide joy every time you come home. You can add one or two on interior doors as well for a little extra flair.\n\n"} {"url": "https://www.dotproperty.com.my/blog/best-condominium-rental-yields-asia", "title": "The best condominium rental yields in Asia", "body": "\n\n\n\nReal estate in Southeast Asia remains one of the preferred vehicles for global investors. A growing middle class, surging tourist arrivals and solid economic numbers are all reasons why the region has seen an influx of property investment in the past few years.\n\n\nInvestors have been particularly impressed with condominium rental yields in some of Asia\u2019s emerging cities. This doesn\u2019t mean these markets are a sure thing. But they do provide investors with an opportunity for a higher return on investment than currently available in \u201csafe haven\u201d markets such as Singapore or London.\n\n\nRead More:\n \n6 ways to improve your rental yield\n\n\nHere are a few of the cities in Southeast Asia with the best condo rental yields:\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nJakarta\n\n\nIt can be difficult for overseas investors to purchase a condominium in Indonesia. \nThe process is complex and the regulations and restrictions are murky at best\n. At the moment, foreigners can buy and own property for a period of 30 years. This can be extended up to 70 years and there is hope the government opens this up even further. Even with these restrictions in place, there are benefits for those who navigate this cumbersome challenge.\n\n\nRental yields for condominiums can reach up to nine percent in some locations around Jakarta with strong domestic demand leading to rising prices. Research from Cushman & Wakefield found that the rental market and serviced apartment market continues to grow in the capital city.\n\n\nNeighbourhood in demand: South Jakarta\n\n\nDemand for rentals in South Jakarta is strong\n\n\nHaving been popular with expatriates for decades\n, South Jakarta features a robust rental market with strong fundamentals. Research from Colliers International Indonesia found more expatriates renting houses in South Jakarta during the second half of 2017 with the activity found throughout the area. Additionally, more domestic renters have begun moving into this part of Jakarta.\n\n\nJakarta condos for sale\n\n\nBangkok\n\n\nInternational investors are already familiar with the Thai capital as buyers from Hong Kong, China and Singapore among the most active. JLL noted that rental yields at luxury condominiums in Bangkok\u2019s CBD are shrinking, currently averaging around four percent, but remain impressive in fringe areas connected to mass transit lines.\n\n\nProjected yields at projects like Niche MONO Sukhumvit Bearing are higher than what\u2019s available in the Bangkok CBD\n\n\nAccording to Nexus Property, condominium rental yields for units along Ratchadaphisek Road between Ratchada and Rama IX roads come in at more than 5.5 percent annually while select projects in Bang Na have also surpassed this threshold. With more mass transit lines already under construction across Bangkok, this could unlock the real estate potential of several more neighbourhoods.\n\n\nNeighbourhood in demand: Bearing\n\n\nWhile it may no longer be the last stop on the BTS Sukhumvit Line, it is blooming into an up-and-coming destination. Similar to On Nut a few year\u2019s back, the potential of Bearing is being realised by savvy investors while the area is built up. For example, units at Niche MONO Sukhumvit Bearing from Sena Development and its Japanese partner Hankyu Realty were quickly booked shortly after launching in 2017.\n\n\nBearing condos for sale\n\n\nManila\n\n\nNo list about condominium rental yields would be complete without Manila where they sit between six and nine percent depending on the location, according to property experts. Among the most exciting locations are Pasay and Para\u00f1aque which are both home to large shopping malls, casinos and resorts. Overseas interest in Manila real estate is expected to increase in 2018.\n\n\n\u201cI think it\u2019s because of the good relations between the Philippines and China. But it\u2019s also because of a strong property market\u2014ability to come here and buy property at reasonable price and get attractive yields. I think the fundamentals of the economy and real estate are rock solid,\u201d \nSantos Knight Frank chairman and CEO Rick Santos explained during a press conference\n.\n\n\nNeighbourhood in demand: Mandaluyong\n\n\nDMCI Homes\u2019 Flair Towers is one of many new developments in Mandaluyong\n\n\nKnown as the \u201cTiger City of the Philippines\u201d, \nMandaluyong has grown mightily this decade\n. It is now home to several world-class shopping centres along with EDSA Central and Pioneer, two emerging business districts. This area is home to several BPO companies which has propelled demand for rental properties. The condominium rental yields at some projects is as high as ten percent.\n\n\nMandaluyong condos for sale\n\n"} {"url": "https://www.dotproperty.com.my/blog/best-developers-philippines", "title": "These are the best developers in the Philippines", "body": "\n\nSMDC won Best Developer Metro Manila in addition to several other honors\n\n\nThis article on the best developers in the Philippines appeared in the most recent issue of Dot Property Magazine. \nClick here to read it\n!\n\n\nFrom North Luzon down to Mindanao and everywhere in between, the developer winners at the Dot Property Philippines Awards 2021 were able to make significant progress in the face of adversity. The pandemic disrupted the real estate market in many far-reaching ways.\n\n\nHowever, homebuilders adapted quickly to these rapidly changing trends through innovation. It was no easy feat and the efforts of this year\u2019s class of winners has gone beyond expectations.\n\n\nSM Development Corporation\n\n\n\n\nBest Developer Metro Manila\n\n\nBest Developer Visayas \n\n\n\n\nSMDC is known as one of the best developers in the Philippines\n\n\nIn Metro Manila, SMDC is behind a wide range of exciting residential developments that cater to the city\u2019s diverse population. The key for the developer has been keeping up with the constantly changing trends found in Metro Manila. Its work in 2021 was recognized with the Best Developer Metro Manila award.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cSMDC is always mindful of the changing landscape in Metro Manila. We always like keeping out ear to the ground so that we understand the trends as well as what the buyers\u2019 tastes, needs and financial capabilities,\u201d Jose Mari Banzon, SMDC President, said. \u201cBecause of that, our projects are always evolving.\u201d\n\n\nThat wasn\u2019t the only developer honor for SMDC at the Dot Property Philippines Awards 2021. The firm was also presented with Best Developer Visayas. Despite being a relatively new entrant into the market, SMDC understood what the people here wanted and delivered that.\n\n\n\u201cWe discovered that the people in Visayas are just as sophisticated and just as discerning as their counterparts in Metro Manila. We were able to take the same luxury, same affordability and same design features that make our Metro Manila projects successful and offer them in Visayas,\u201d Banzon stated.\n\n\nRelated:\n\u00a0\nSMDC hailed for its Corporate Social Responsibility efforts\n\n\nFilinvest Land Inc.\n\n\n\n\nBest Developer Mindanao\n\n\nBest Developer North Luzon \n\n\n\n\nFilinvest Land landed two developer awards last year\n\n\nFilinvest Land Inc. has achieved a great deal of success throughout the Philippines with some of its most notable work coming beyond Metro Manila. Mindanao is a growing region and has become an economic success during the past decade. That has created a huge demand for modern housing with Filinvest Land helping meet this need with high-quality residences equipped for the present and future.\n\n\nThe homebuilder\u2019s contributions here saw it win Best Developer Mindanao at the Dot Property Philippines Awards 2021. However, that was not the only developer award for Filinvest Land who were tabbed as Best Developer North Luzon as well. These achievements are something it is extremely proud of.\n\n\n\u201cWherever we are, we carryover the same principles of creating green and sustainable developments for our homeowners. In these areas, we are building on our previous successes. This is also our way of reaching out to our fellow Filipinos and helping them own their own homes as our ethos at Filinvest is building the Filipino dream,\u201d Tristaneil Las Marias, Senior Vice President at Filinvest Land Inc., noted.\n\n\nRead More:\n\u00a0\nFilinvest finds partner to assist with its proptech innovation efforts\n\n\nGrand Land Inc.\n\n\n\n\nBest Developer Cebu \n\n\n\n\nTina Pestano, Grand Land VP Sales and Marketing, shows off the firm\u2019s success\n\n\nGrand Land has been a fixture at the Dot Property Philippines Awards having won in 2017, 2018, 2019 and now 2021. When it comes to the Cebu real estate market, the firm is a local homebuilder who deeply understands and cares about both end users and investors.\n\n\nUsing its local knowledge, the developer creates projects that have the right blend of residential spaces, retail areas, amenities and more to ensure the needs of both groups are met. Winning Best Developer Cebu at the Dot Property Philippines Awards 2021 is confirmation once again that no one understands the market quite like Grand Land.\n\n\n\u201cFor the past several years, we are proud to say most of our projects have been nominated and won at the Dot Property Philippines Awards. Moreover, Grand Land is one of the fastest growing developers in the region. We greatly appreciate the confidence in our company,\u201d Tina Pestano, Grand Land VP Sales and Marketing, explained.\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/best-ever-year-for-propnex", "title": "Best ever year for PropNex", "body": "\n\n\n\nDespite the challenges of a muted Singapore property market, real estate firm PropNex Realty yesterday (Wednesday) announced record gross commissions collected of more than S$ 200 million during 2015.\n\n\nTransaction volumes also crossed a major milestone \u2013 the 40,000 mark. What the firm described as being exceptional results reflected the positive operating environment and the ongoing performance improvements which was implemented at the start of 2015. The company added that it is expected to do well during 2016.\n\n\nCommenting on the results, Chief Executive Officer, Ismail Gafoor, (pictured) said: \u201cOur people delivered PropNex\u2019s biggest year ever, thanks to our most innovative technology products and relentless pursuit of skills enhancement. Revenue growth of the company accelerated to produce record results, and our transaction volumes were up 22 percent from 2014 \u2013 despite the challenging market conditions.\n\n\n\u201cThe company is committed to continuously earn the trust of our customers, employees and associates. I\u2019m proud of what we accomplished together, running a reliable real estate agency and making the right moves to deliver greater value.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIn a statement PropNex said that, evidently, the Singapore government\u2019s plan to lower demand is working; and property prices are now on a downtrend. In addition, there is also a huge amount of supply 60,000 units in the pipeline and a record 26,500 vacant units that are entering the market and to make matters worse,\n\n\nInterest rates are set to increase further. Against such a backdrop, we think a pre-emptive calibration of the measures rather than post-corrective actions would be a better way to go in achieving a stable and sustainable property market; this is especially so as we have a home ownership rate of 90 percent in Singapore.\n\n\nAs such, we are of the view that a large correction in property prices is not a desirable outcome for most people.\n\n\nIn coming up with these recommendations, we have been mindful of the macroeconomic concerns and the overall objectives of the government\u2019s aim to achieve a stable and sustainable property market. We also took reference from the recently published \u2018Financial Stability Review\u2019 (November 2015), by the Monetary Authority of Singapore.\n\n\nIn our recommendations we proposed for some to be retained with no changes, and some calibrations to certain measures to better address concerns which we have heard from the ground. The full proposal was submitted to the relevant Ministries this week.\n\n\nWith the right calibrations; whilst retaining the key fundamentals of the objectives of the cooling measures, we believe that there will not be a sudden rebound in both transactions and prices.\n\n\nPropNex will also be continuing the Consumer Empowerment Seminar (CES), with the first to be held on April 9, 2016, at HDB Hub auditorium. Through this, it hopes to empower Singapore consumers to make sound property investment decisions. The CES attracted more than 30,000 attendees in the last three years \u2013 who benefited with a deeper understanding of real estate in Singapore.\n\n\n\u201cCESs are a key part of how we connect with consumers in order to help them make informed decisions on real estate investments. We seek to present the latest insights from our research with salespersons, landlords, buyers and tenants, and discuss wider economic and political housing issues that can further reinforce their knowledge.\n\n\n\u201cAs Singapore\u2019s leading real estate agency, it is up to us to pass on our extensive research knowledge and property know-hows to empower consumers so that they can realise their property aspirations,\u201d concluded Ismail.\n\n"} {"url": "https://www.dotproperty.com.my/blog/best-holiday-decorations-southeast-asia", "title": "Where are the best holiday decorations in Southeast Asia?", "body": "\n\nPhoto /TAT -CentralWorld in Bangkok always has one of the best holiday decorations in Southeast Asia\n\n\nThe holiday season is winding down, but it\u2019s not too late to see the lights and designs. The best holiday decorations in Southeast Asia are usually, but not always, found in and around major shopping areas. Setting aside the obvious ulterior motives of the retail industry, the setups are usually spectacular and can rival what you would find just about anywhere else in the world.\n\n\nOf course, if you want to see the best holiday decorations in Southeast Asia, you are going to need to act fast. These will likely start coming down in early January to be replaced with equally as impressive Chinese New Year designs.\n\n\nIn search of the best holiday decorations in Southeast Asia\n\n\nSingapore\n\n\nPhoto / Visit Singapore \u2013 Gardens by the Bay\n\n\nThe first spot most people head to when checking out holiday decorations in Singapore is \nOrchard Road\n. The setup is always great, but it\u2019s not the only place where you will find the Christmas spirit. Gardens by the Bay has been going all out during the holiday season and boasts one of the most elaborate setups out there. In fact, it just may stake a claim to having the overall best holiday decorations in Southeast Asia.\n\n\nMetro Manila\n\n\nPhoto / Per-Andre Hoffmann \u2013 Ayala Triangle Gardens\n\n\nThose in Metro Manila are probably sick of holiday decorations by now as the lights and Santa figurines have been up since August. Or at least that is what it feels like. The country loves to start celebrating early, but if you\u2019re still feeling festive, there is time to see some more holiday decorations. One of the best spots is Ayala Triangle Gardens in \nMakati\n where an ornate light display draws visitors from all over the city.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBangkok\n\n\nSince completing a major renovation in 2007, CentralWorld in downtown Bangkok has always gone big with its Christmas scenes. This year, its setup features a massive Christmas tree and more than two million lights, although we aren\u2019t counting. \nThe mall is also holding a number of holiday-themed events between now and the end of the year\n.\n\n\nPhoto / ICONSIAM \u2013 A look at ICONSIAM\u2019s riverside promenade decorated for the holidays\n\n\nICONSIAM is another Bangkok retail centre with an extravagant holiday decoration setup. Forget about decking the halls, ICONSIAM has decked its entire riverfront promenade with a breathtaking display. A stroll here has the feel of a proper winter wonderland (weather not included).\n\n\nHanoi\n\n\nPhoto / Zingvn \u2013 St Joseph\u2019s Cathedral\n\n\nWhile holiday decorations are not as widespread in Vietnam as they are in other parts of Southeast Asia, there are a few cool spots worth checking out. In Hanoi, St Joseph\u2019s Cathedral always has a great looking display celebrating the holiday season. The church, which was built in the 1880s, features Gothic Revival architecture that makes it all that more unique when decorated.\n\n\nPetaling Jaya\n\n\nPhoto / akamaihd.net \u2013 1 Utama Shopping Centre\n\n\nIt will be no surprise to find Malaysia\u2019s largest shopping mall on this list. 1 Utama Shopping Centre in \nPetaling Jaya\n doesn\u2019t spare any expense in creating an impressive holiday display. The mall changes the theme each year ensuring a new and fresh experience for visitors.\n\n"} {"url": "https://www.dotproperty.com.my/blog/best-luxury-condo-development-philippines", "title": "The Best Luxury Condo Development in the Philippines is\u2026", "body": "\n\nWhen RLC Residences revealed they would be working with legendary hospitality firm Westin on a branded residences project in Metro Manila, there was a lot of excitement to see what the pair would come up. The results have surpassed the expectations of most people.\n\n\nThe Residences at The Westin Manila Sonata Place is the best luxury condo development in the Philippines. This isn\u2019t simply blustery marketing speak. The project was presented with the award for Best Luxury Condo Development at the \nDot Property Philippines Awards 2021\n.\n\n\nAs the first Westin-branded residences in Southeast Asia and one of the first branded residences to be launched in the Philippines, \nThe Residences at The Westin Manila Sonata Place\n was tasked with elevating the luxury residential experience in the country.\n\n\nFor RLC Residences, that process starts with empowering people to live their life in perfect balance and be at their best. The Residences at The Westin Manila Sonata Place offers unmatched comfort and convenience that allows residents to focus on family, happiness and the things that truly matter to them.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIn order to accomplish this and create the best luxury condo development in the Philippines, the partners focused on incorporating the hotelier\u2019s six pillars of wellness.\n\n\nThe \u2018Sleep Well\u2019 pillar sees suites equipped with the signature Westin Heavenly\u00ae Bed complete with plush pillows and a custom-pillow top mattress that means your rest is always the best.\n\n\nRejuvenation is another important aspect of home life. It is vital to have a place where you can recharge. This is the \u2018Feel Well\u2019 pillar, which starts with mood-lifting botanicals and a soothing White Tea scent as you make your way to your home. The Heavenly Spa by Westin\u2122 is also made available for you, along with a calming shower that you can enjoy inside your home through the Westin Heavenly Bath\u2122.\n\n\nOf course, work and play remain two of the biggest aspects of our daily lives and are covered under the next two pillars.\n\n\n\u2018Work Well\u2019 focuses on taking care of business. From a rentable workspace known as The Tangent\u2122 at Westin to the business lounge and functions rooms, it\u2019s always easy to stay on top of work.\n\n\nOn the other hand, \u2018Play Well\u2019 is all about those moments away from the office. The property\u2019s 5-star leisure amenities place fun at your fingertips. You can unwind in the Game Room, have a round or two in the Golf Simulation Room or watch a movie in the Private Theater. These and more leisure facilities are made available exclusively for homeowners of this development.\n\n\nThe \u2018Move Well\u2019 pillar supports an active lifestyle. You can stay in peak physical condition by utilizing the Westin WORKOUT\u2122 Fitness Studio and the RunWESTIN Concierge\u2122. The property also has its own Move Studio \u2013 the perfect place for your yoga and pilates sessions.\n\n\nThe Residence at The Westin Manila Sonata Place also takes into life the \u2018Eat Well\u2019 pillar, thanks to the healthy food and beverages prepared by the SuperFoodsRx Menu\u2122 and The Westin Fresh by the Juicery. \u2018Eat Well\u2019 even extends to children who can savor delicious meals made just for them by SuperChefs\u2122.\n\n\nThis level of comfort and convenience ensures The Residence at The Westin Manila Sonata Place stands out. RLC Residences vision for the project was certainly ambitious, but by winning Best Luxury Condo Development at the Dot Property Philippines Awards 2021, it has been validated at the highest levels.\n\n\nThis was one of three awards presented to RLC Residences last year. Most notably, the homebuilder took home Developer of the Year, the event\u2019s highest honor.\n\n\n\u201cWe are honored and thrilled to be receiving the Developer of the Year Award. This award is affirmation that we are achieving and succeeding in our goal. It is also going to push us to keep doing better. Being nominated is an honor and winning is a double honor,\u201d John Richard Sotelo, Senior VP & Business Unit General Manager, Residential Division at Robinsons Land, proclaimed.\n\n\nRelated:\n\u00a0\nDot Property Philippines Awards 2021 celebrates the real estate sector\u2019s resilience\n\n"} {"url": "https://www.dotproperty.com.my/blog/best-places-asian-expats-live-southeast-asia", "title": "Where are the best places for Asian expats to live in Southeast Asia?", "body": "\n\nSingapore remains the best place in the world for Asian expats according to a recent survey\n\n\nMany East Asian expats call Southeast Asia home. A significant number of companies from China, Japan, South Korea and Hong Kong have set up shop in the region bringing with them local staff to help with operations. However, not all locations for these expats are equal in terms of liveability.\n\n\nA recent survey from ECA International, an international knowledge, information and technology provider, ranked 480 locations around the world based on the quality of living conditions for East Asian expats. Some of the factors used for the survey include climate, availability of health services, infrastructure, personal safety and political tensions.\n\n\nIn a surprise to no one who follows these types of surveys, \nSingapore\n\u00a0was named the best place in the world for Asian expats to live. This was the 14\nth\u00a0\nyear in a row the city-state finished on top of ECA\u2019s list.\n\n\n\u201cUnsurprisingly for many, Singapore once again remains the most liveable location in the world for expats relocating from elsewhere in East Asia.\u201d Lee Quane, Regional Director \u2013 Asia at ECA International, explained in a press release. \u201cA number of factors make Singapore the ideal location; such as access to great facilities, low crime rates, good quality healthcare and education, as well as a large expat population already living in Singapore. Although many cities in Asia offer similar benefits to overseas workers, Singapore remains the top location and doesn\u2019t look like dropping in the rankings any time soon.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSee more:\n \nSouth Jakarta the preferred spot for expats in Jakarta\n\n\nAsian expats enjoy better conditions in Malaysia and Thailand\n\n\nThey may not dislodge Singapore anytime soon, but cities in \nMalaysia\n\u00a0and \nThailand\n\u00a0were becoming more liveable for Asian expats. The survey noted that most cities in the two countries improved last year with Bangkok being ranked in 89th place. In Malaysia, both George Town and Kuala Lumpur broke into the top 100, rising to 97th and 98th place respectively.\n\n\n\u201cBoth Thailand and Malaysia continue to develop and improve their infrastructure which has seen their liveability scores steadily improve over recent years,\u201d Quane pointed out. \u201cIn particular, advances in road and transport infrastructure have improved access to areas in these countries that were once considered far more remote.\u201d\n\n\nThe one thing Thai and Malaysian cities have going for them is lower cost of living. While Singapore may have been voted as the best place for Asian expats to live, it is also the 18th most expensive location in the world for expats, according to ECA. This pales in comparison to Bangkok, which finished 90\nth\n, and Kuala Lumpur, which placed 188\nth\u00a0\nin the same rankings.\n\n\nSee more:\n \nWhy do expats choose to retire in the Philippines?\n\n\n\u201cOver the past five years Bangkok has climbed over 80 places and the Thai capital now sits in 90th place in our cost of living rankings,\u201d Quane reported. \u201cThe Thai baht has strengthened in recent years as the economy has expanded and the political landscape has stabilised.\u201d\n\n\nHe continued, \u201cAlthough the Malaysian cities in our survey have all seen significant rises of over twenty places each, Malaysia remains one of the cheapest locations in Asia for overseas workers.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/best-real-estate-agencies-service-firms-property-management-businesses-vietnam", "title": "These are the best real estate agencies, service firms and property management businesses in Vietnam", "body": "\n\nDat Xahn Mien Bac is honored as one of Vietnam\u2019s Best Real Estate Agencies 2022\n\n\nThe services sector is playing an increasingly important role in Vietnam. As the country\u2019s real estate industry has grown, these firms have become vital and not only when it comes to buying and selling homes. They are providing aftersales support, empowering investors, sharing knowledge and ensuring a seamless experience for everyone.\n\n\nReal estate agencies, service firms, management businesses and more are laying the groundwork for buyers, sellers, residents and everyone else to participate in property. This year\u2019s Dot Property Vietnam Awards winners have led these efforts through hard work, care and a desire to improve the industry.\n\n\nVietnam\u2019s Best Real Estate Agencies 2022\n\n\nDat Xanh Mien Bac\n\n\nPropertyX Joint Stock Company\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDat Xanh Mien Nam Investment and Services Joint Stock Company\n\n\n\n\nSouthern Vietnam\u2019s Best Real Estate Agencies 2022\n\n\nDXMD Vietnam\n\n\n\n\nVietnam\u2019s Best Real Estate Consultancy Firm 2022\n\n\nWeLand Real Estate\n\n\n\n\nNewstarHomes Investment Group Joint Stock Company\n\n\n\n\nV-Land Vietnam Real Estate Trading And Investment Joint Stock Company\n\n\n\n\nVietnam\u2019s Best Property Communications Firm 2022\n\n\nODE Group\n\n\n\n\nVietnam\u2019s Best Property Media Consultancy Firms 2022\n\n\nHoacom Media Group JSC\n\n\n\n\nVietnam\u2019s Best Real Estate Service Firms 2022\n\n\nTNL Lease Property And Investment Joint Stock Company\n\n\n\n\nVietnam\u2019s Best Property Management Businesses 2022\n\n\nSavista Holdings\n\n\n\n\nTNR Property Investment And Real Estate Management Joint Stock Company\n\n\n\n\nRead More:\n\u00a0\nDot Property Vietnam Awards 2022 Honors 48 Winners As Resiliency, Recovery and Sustainability Take Center Stage\n\n"} {"url": "https://www.dotproperty.com.my/blog/best-real-estate-projects-philippines-2", "title": "Here are the best real estate projects in the Philippines", "body": "\n\n\n\nThis article on the best real estate projects in the Philippines\u00a0appeared in the most recent issue of Dot Property Magazine. \nClick here to read it\n!\n\n\nThe most luxurious, affordable and green projects were just a few of the development to be recognized at the Dot Property Philippines Awards 2021. Developers are now focused on meeting demand for housing from the public but don\u2019t want people to sacrifice quality when looking for a new home.\n\n\nThis year\u2019s project winners have proven to be the absolute best at what they do. From offering a lifestyle experience suited to modern individuals to providing outstanding investment potential, here are the developments that shined in 2021.\n\n\nThese are the\u00a0best real estate projects in the Philippines\n\n\nBest Luxury Condo Development\n\n\nThe Residences at The Westin Manila Sonata Place\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe Residences at The Westin Manila Sonata Place are the first Westin-branded residences in Southeast Asia. This project features more than simply a name as the upscale condominium contains Westin\u2019s Six Pillars of Wellness in addition to several other notable amenities. The development empowers residents to live their best life by elevating at-home wellness in the Philippines.\n\n\nRead More:\n \nEverything you need to know about the\u00a0Best Luxury Condo Development in the Philippines\n\n\nBest Lifestyle Condo Development\n\n\nVine Residences\n\n\nBest Lifestyle Condo Development\n\n\nThe lifestyle at Vine Residences offers residents both an outstanding location and fantastic amenities. For starters, the popular SM City Novaliches shopping mall is steps away from the project. Meanwhile, two separate park areas around the condominium provide a direct connection to nature.\n\n\nRelated:\n \nVine Residences makes work/life balance possible in Quezon City\n\n\nBest Serviced Apartment Philippines \n\n\nDusit D2 Residences\n\n\nBest Serviced Apartment Philippines\n\n\nDusit D2 Residences has been a welcome addition to Cebu, providing much needed service residences in this growing tourism and business hub. The project combines contemporary design and connectivity to ensure the needs of modern residents are met. Situated close to the city\u2019s business district, Dusit D2 Residences boasts an all-day dining restaurant, gym, pool and meeting rooms.\n\n\nBest Mid-Rise Condo Development \n\n\nSierra Valley Gardens \n\n\nBest Mid-Rise Condo Development\n\n\nSierra Valley Gardens is truly unique for a mid-range condo development in that large green spaces have been made available. Despite being a condominium, there is plenty of room for families along with ample amenities. And as part of the large, master planned Sierra Valley mixed-use estate, a premium has been placed on convenience.\n\n\nBest Affordable Condo Development \n\n\nCharm Residences\n\n\nBest Affordable Condo Development\n\n\nWith its unwavering commitment to quality, Charm Residences ensures the best life has to offer is within reach. The garden-inspired residential development contains lush, green surroundings in addition to 5-star amenities. Units are specially designed while high-end materials were utilized. The end result is a luxury residence without a luxury price tag.\n\n\nBest Mid Range Housing Development \n\n\nCity Homes Minglanilla\n\n\nBest Mid Range Housing Development\n\n\nCity Homes Minglanilla is a horizontal condominium project offering people a different type of residential lifestyle in Cebu that is well-suited for the \u201cNew Normal\u201d. Spread across two hectares, developer Grand Land worked hard to create a low-density experience that allowed residents with the space required to breathe and grow. Meanwhile, homes have been smartly crafted to meet the requirements of modern homeowners.\n\n\nBest Condo Interior Design \n\n\nGreen 2 Residences \n\n\nBest Condo Interior Design\n\n\nThe interior design found at Green 2 Residences stands out. Developer SMDC knew that its location near several prominent universities meant the project needed to be different. To that end, interiors throughout the development have been tailored to be ideal spaces for students. The design has come to life as a perfect place to study, play and rest in comfort.\n\n\nBest Investment Property Metro Manila \n\n\nBloom Residences\n\n\nBest Investment Property Metro Manila\n\n\nBloom Residences was designed as a haven for urbanites and young families who live active and healthy lives. Amenities cater to this group\u2019s unique needs to provide a dynamic living experience all year round. The large units at Bloom Residences also support this lifestyle and ensure space is never an issue.\n\n\nBest Investment Property South Luzon \n\n\nLas Brisas at Tierra Del Sol\n\n\nBest Investment Property South Luzon\n\n\nSouth Luzon is an up-and-coming destination as more people look to escape the hustle and bustle of the city. As an investment property, Las Brisas at Tierra Del Sol benefits from an accessible location that will be bolstered by continued infrastructure development. Of course, there is a lot more to the project than a good location. Its beautiful surroundings, low-density living and famous cool breeze ensure it is the region\u2019s best.\n\n\nBest Investment Property Cebu \n\n\nGrand Residences Cebu\n\n\nBest Investment Property Cebu\n\n\nWinning comes as no surprise as Grand Residences Cebu took home the award for Best Investment Property at the Dot Property Philippines Awards 2018. The project features a mix of condominiums, serviced apartments and hotel units spread out across one of central Cebu\u2019s largest land plots.\n\n\nInvestors benefit from Grand Land\u2019s local knowledge as they have carefully designed Grand Residences to ensure strong demand along with a steady return on investment.\n\n\nBest Investment Property Bacolod \n\n\nSmile Residences\n\n\nBest Investment Property Bacolod\n\n\nThe investment potential of Smile Residences starts with its location within the SM City Bacolod Complex. Simply put, no other project can match the level of convenience found in one of the country\u2019s most well-known areas. It is also situated by the bay meaning residents are able to enjoy a spectacular view of Bacolod\u2019s dazzling sunsets each and every day. Beyond that, attractive lobbies and amenities along with a wide range of unit types adds to the value of Smile Residences.\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/best-time-buy", "title": "When is the best time to buy?", "body": "\n\n\n\nThe property market goes in cycles but the best time to buy property isn\u2019t necessarily when its on its way up.\u00a0\n\n\nIt is easy to think that the best time to buy property is when the outlook for the market is looking rosy, but this is not always the case. Astute property investors who are in the game to make a buck will pick windows in the market where they see opportunity. But buying property isn\u2019t always about making money but rather to providing a roof over your head, so if the market is soft and you aren\u2019t sure whether to jump in, answer these following questions to help make your next move.\n\n\n1. What is the purpose of your investment?\n\n\nIf you are buying property to put a roof over your head you should consider whether buying a property will be cheaper than renting. This way you will be paying off your own property rather than your landlords. On the flip side if property values are low and rents are high then this could be an opportunity to generate a good rental yield even if the property value remains the same. There is always a need for property regardless of the state of play of the market, so consider your strategy in order to work out what works best for you.\n\n\n2. Can you increase value with improvements?\n\n\nOne way to add value to a property quickly is to make improvements to it. There are many purchasers who do not have the time, energy or want to do any refurbishment works themselves so this is a great way for you to make money. Find a run down property in a well maintained and popular block and the cheaper price tag will give you more money to spend bringing the property up to scratch.\n\n\n3. Do the numbers stack up?\n\n\nIf the investment is a buy-to-let take time to add up your numbers and check that rent you will collect with cover all your outgoings and any potential void periods. Even if the property is for your own use search the market for the best mortgage in order to maximise your returns and minimise your outgoings.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4. How can I be sure my investment is as safe as houses?\n\n\nWhether you are buying a property for investment purposes or your own home it is important to consider its saleability in the future. By this we mean how it would quickly it will sell.\u00a0When the market is buoyant it is easy to sell and move on, but when the market is stagnate it can be tough so it is important that your property stands out from the crowd. If you have the choice pick the best unit in the building, the one with the best layout and outlook rather than the dark unit which looks straight onto the neighbouring building and is located next to the lift so you hear the lift shaft in action. It is important to pick a building that is well managed, is of a good quality and if possible with fewer units to make it more exclusive and reduce your competition. Take time to consider these points in order to make an informed decision on your purchase.\n\n"} {"url": "https://www.dotproperty.com.my/blog/betong-airport-help-create-new-tourism-destination-thailand", "title": "Betong Airport could help create a new tourism destination in Thailand", "body": "\n\nPhoto/Aoeinista - Betong is known as the misty town with sea clouds frequently hovering over it \n\n\nBetong believes it can be a new tourism destination in Thailand thanks to the recent opening of a commercial airport. Located close to the country\u2019s border with Malaysia, the district boasts a number of unique attractions but driving through the surrounding mountainous terrain has made getting there troublesome.\n\n\nHowever, the newly opened airport changes that. Service to and from Don Mueang International Airport in Bangkok will be operated by Nok Air. More routes are expected to be added, including international connections with Malaysia and possibly Singapore.\n\n\nAccording to local officials, the facility will initially double the number of tourists that visit Betong with more growth over time is possible. Crucially, the region has avoided the sustained violence that has plagued Thailand\u2019s southern most districts over the years.\n\n\nBetong is home to the largest mailbox in Thailand\n\n\nBetong \u2013 A new tourism destination in Thailand\n\n\nBetong is one of Thailand\u2019s more unique places. It is perhaps best known as the misty town with sea clouds frequently hovering over it in the morning. Many visitors head to higher ground above the mist where they can take in some of the country\u2019s most picturesque sunrises.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNestled amongst mountains and forests, the district is a nature lover\u2019s paradise. There are several national parks with a lot of hiking on offer. You\u2019ll also find Betong Hot Springs where you can partake in a relaxing soak.\n\n\nBeyond that, Betong is home to many other attractions, such as expansive flower gardens, rolling durian farms and caves. And those who enjoy kitsch sights can head over to the largest mailbox in Thailand. Not only is this a real thing, but \nthe story behind it is pretty interesting\n.\n\n\nMore Travel:\n \nBang Tao Beach is a dreamy destination\n\n"} {"url": "https://www.dotproperty.com.my/blog/better-buy-furnished-unfurnished-condo", "title": "Is it better to buy a furnished or unfurnished condo?", "body": "\n\nAmong the most difficult decisions you will need to make during your property search is deciding if it\u2019s better to buy a furnished or unfurnished condo. There is a case to be made for both sides. On one hand, purchasing a unit that already has furniture in it can save you a lot of time and hassle.\n\n\nOf course, this comes at the expense of customization. A furnished condo means there is little room to make the space your own. There will also be a few times when you don\u2019t have a say in the matter. With that in mind, let\u2019s explore which option is right for you.\n\n\nRelated:\n \n3 small details that can add big value to your new condo unit\n\n\nThis is when you should buy a furnished condo\n\n\nIf the unit won\u2019t be your primary residence or you are only planning on staying there for a few years before moving, then it makes much more sense to buy a furnished condo. The time, effort and investment required to furnish it yourself won\u2019t be worth it.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIn addition to this, going the furnished route is more practical if you are purchasing a studio or smaller one-bedroom residence. These oftentimes have quirky dimensions that makes finding properly fitting furniture a chore.\n\n\nThis is when you should buy an unfurnished condo\n\n\nObviously, you should buy an unfurnished condo if you already have furniture. Those buying a luxury unit may want to consider this option as well. Utilizing the services of an interior designer to craft a bespoke residence can add value to it and make it more appealing on the rental market.\n\n\nWhen you don\u2019t have the choice\n\n\nYou won\u2019t have the choice to buy a furnished or unfurnished condo if it is part of a rental program. Developers require you to have their furniture package in order to participate in the scheme and in most cases this cost is included in the final selling price.\n\n"} {"url": "https://www.dotproperty.com.my/blog/better-grammy-hard-rock-hotel-penang-picks-1st-honour-dot-property-malaysia-awards-2017", "title": "As good as a Grammy: Hard Rock Hotel Penang picks up 1st Honour At Dot Property Malaysia Awards 2017", "body": "\n\nJohn Primmer (right), Hard Rock Hotel Penang General Manager, receives the Best Hotel Development Award from Dot Property Magazine Editor in Chief Cheyenne Hollis (left)\n\n\nThe Dot Property Malaysia Awards 2017 named \nHard Rock Hotel Penang\n as the country\u2019s Best Hotel Development.\u00a0The trendy resort was honoured for its top-notch design among numerous other reasons.\n\n\n\u201cThis is the first time we have been recognised by a property awards programme, so this is special for us,\u201d John Primmer, Hard Rock Hotel Penang General Manager, proclaims. \u201cIt\u2019s great to be recognised for our design, facilities and overall quality that continues to be a hit with guests. Despite being eight years old now, winning shows that Hard Rock Hotel Penang still rocks.\u201d\n\n\nHard Rock Hotel Penang lets everyone live the rock \u2018n\u2019 roll lifestyle\n\n\nHard Rock Hotel Penang\u2019s design was highlighted by The Dot Property Malaysia Awards\u2019 judging panel as being both sleek and practical. The interiors feature the rock \u2019n\u2019 roll style you\u2019d expect to find along with numerous innovative touches and plenty of space for the whole family to enjoy. Additionally, facilities such as the massive swimming pool and fitness centre integrate seamlessly into the resort allowing guests to enjoy everything it has to offer.\n\n\nAs one of only a few Hard Rock Hotels to be located on absolute beachfront, the sands of Batu Ferringhi can be found right in front of the property. Many of the spacious rooms and suites at Hard Rock Hotel Penang offer stunning views of the water as well as balconies where you can hang out and feel like a true rockstar.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhile there are plenty of quality hotels in Malaysia, the creative design and awesome ambiance separates Hard Rock Hotel Penang from the rest of the field. That is why it has won Best Hotel Development at The Dot Property Malaysia Awards 2017.\n\n\nAbout\u00a0The Dot Property Malaysia Awards 2017\n\n\nOrganised by Dot Property Malaysia, The Dot Property Malaysia Awards 2017 honours the \nbest projects\n, developers, design and companies that contribute to real estate in the country. Winners are selected by Dot Property Malaysia and Dot Property Magazine who evaluate every candidate based on a number of factors created specifically for each individual category.\n\n\nYou can read more about Hard Rock Hotel Penang\u2019s victory in the July/August issue of Dot Property Magazine as well as online at \nwww.dotpropertyawards.com\n. The full list of winners forThe Dot Property Malaysia Awards 2017 will be unveiled on 13\nth\n July.\n\n"} {"url": "https://www.dotproperty.com.my/blog/big-jump-in-new-home-sales", "title": "Big jump in new home sales", "body": "\n\n\n\nSingapore saw a big rise in the number of private residential homes sold during March, with the number of 843 sold by developers representing a substantial 180 percent increase from the 301 units sold in February.\n\n\nThis was the highest number of sales in a single month since July 2015. The increase in volume, according to real estate agency PropNex, was due to more units being launched by developers, the number of which rose from 209 units in February to 682 in March.\n\n\nAnalysing the figures, Ismail Gafoor, the Chief Executive Officer of PropNex Realty, said: \u201cThe surge in transaction levels during March is evidence that purchase motivations are largely project driven \u2013 with The Wisteria and Cairnhill Nine contributing more than 50 percent of the total sales volume last month.\n\n\n\u201cEven though there was a lack of major new launches in 1Q 2016, transaction volumes of new private homes improved quarter-on-quarter to 1,466 units in total; or a 12 percent improvement from the same time last year\u201d.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMass market homes still most popular\n\n\nProperties in the Outside Central Region (OCR) was the most sought after in March, accounting for 55 percent of new private home sales, while Rest of Central (RCR) and Core Central Region (CCR) accounted for 20 percent and 25 percent respectively. The five top-selling projects were \u2013 Cairnhill Nine, The Wisteria, The Poiz Residences, Kingsford Hillview Peak and Botanique at Bartley.\n\n\nHomebuyers will continue to scout for affordably priced homes\n\n\nAmid challenging market conditions, upcoming new projects will likely be more competitively priced. Primary market performance will continue to depend on developers finding the right pricing strategy \u2013 which accurately portrays current sentiments. Buyers will remain very price and quantum sensitive and would only go in if they perceive the property to be a good value proposition.\n\n\nWith no changes to the government curbs on the horizon in 2016, the private residential market is expected to remain relatively soft. However, we can see a more active market as more projects are launched \u2013 new private home sales volume for 2016 is likely to exceed 8,000 units.\n\n\nIsmail confirmed that he expects strong sales volume in 2Q, with the upcoming launches of GEM Residences, Sturdee Residences and Stars of Kovan; which will definitely spur buying demand. At the same time, developers will also be adjusting their pricing strategy to move units in their past launches \u2013 as evidenced in three of the five best-selling projects in March being from previously launched ones.\n\n"} {"url": "https://www.dotproperty.com.my/blog/boat-avenue-leads-transformation-phukets-cherng-talay", "title": "Boat Avenue leads transformation of Phuket\u2019s Cherng Talay", "body": "\n\nBoat Avenue has helped stimulate the Cherng Talay area of Phuket\n\n\nCherng Talay and the nearby Bang Tao Beach have always been a popular spot for tourists in Phuket. The area is also known as Laguna due to the massive resort area bearing this name that contains seven hotels including Banyan Tree Phuket, Angsana Laguna Phuket and Dusit Thani Laguna Phuket.\n\n\nThe resorts are nice, but Cherng Talay lagged behind Patong and other more developed areas of the island. A lack of retail spaces, restaurants and other facilities meant guests who wanted to leave the area would need to trek 20 to 30 minutes in order to find something.\n\n\nThat all changed in 2012 with the opening of Boat Avenue. The mixed-use commercial mall, one of developer Boat Pattana\u2019s most ambitious projects, welcomed international grocery store Villa Market, many high-quality local restaurants and businesses under retail giant Minor Group to Cherng Talay.\n\n\nWhen developing Boat Avenue, Boat Pattana dreamed of creating something unique. They strived to build a place that had never been seen before on the island. In order to accomplish this, the company had to think outside the box.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBoat Pattana came up with the idea to develop Thailand\u2019s first container mall. This allowed it to construct an eco-friendly development that also embraced Phuket\u2019s status as a port. The firm used old shipping containers and the mall makes up an integral part of Boat Avenue.\n\n\nGo inside Boat Avenue\n\n\nA look at Boat Avenue from the sky\n\n\nBoat Avenue has become a hub for central Phuket with both tourists and the local population flocking to it. In fact, the shopping centre is an informal meeting spot for many people due to its close proximity to most points. Phuket International Airport, Patong and Phuket Town are all less than a 30-minute drive away.\n\n\nLocation isn\u2019t the only positive. You can enjoy food from around the world at Boat Avenue. Mexican, French, Chinese, Italian, American and, of course, Thai restaurants can all be found here along with a few coffee shops.\n\n\nThere is also the aforementioned Villa Market for those wanting ingredients to do the cooking themselves. You will find a wide range of foods from around the world with a good selection of UK and US favourites.\n\n\nBoat Avenue is home to several boutique clothing stores as well. A couple of furniture and home improvement shops, ATMs and free parking can also be found in the shopping complex.\n\n\nCherng Talay keeps growing\n\n\nPorto de Phuket, a retail complex from Central Group, will open in Cherng Talay later this year\n\n\nBoat Avenue has served as a catalyst for development in the Cherng Talay area of Phuket. There is no better example of this than Thailand\u2019s largest retail player, Central Group, deciding to launch a THB1 billion (USD32 million) development in Cherng Talay.\n\n\nThe exciting Porto de Phuket is expected to open in late 2019 and will be the first luxury shopping complex in this part of Phuket. More than 65 percent of the development will be dedicated to green spaces as Central Group envisions it as a modern lifestyle hub.\n\n\nIn addition to international restaurants, a department store and plenty of branded shops, Porto de Phuket will host playgrounds, beauty spas and dedicated areas for pets. There is also a space reserved for local products.\n\n\nThe developer believes at least three million tourists will visit Porto de Phuket every year, which would immediately make it one of the most popular shopping malls in Phuket.\n\n\nThis type of development would have been unheard of ten years ago, but Cherng Talay has established itself as a key area of Phuket. International visitors enjoy the surroundings and easy access to the beaches. However, its hard to envision Laguna becoming such a key place without Boat Avenue.\n\n\nFor more information on Boat Avenue, please visit \nwww.boatavenuephuket.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/boom-time-in-hcmc", "title": "Boom time in HCMC", "body": "\n\n\n\nPrices and sales of residential property in Ho Chi Minh City both rose in the final three months of last year, according to the latest research from real estate firm Savills.\n\n\nIn its \nSavills World Research Residential Index\n report published last Friday, it noted the Q4 2015 residential index stood at 90.2 points, an increase of 1.3 points quarter-on-quarter (QoQ) and up 1 point year-on-year (YoY).\n\n\nThe overall absorption rate was 21 percent, up 4 percent QoQ but down 1 percent YoY due to abundant supply of property in the city.\n\n\nApproximately 7,700 units were sold during the three-month period, what Savills described as a \u201cremarkable\u201d increase of 47 percent compared with the previous three-month period, and an increase of 86% YoY.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSavills said this was the highest transaction volume in any quarter it has recorded.\n\nGrades \u2018A\u2019 property sales increased by 129 percent QoQ and 228 percent YoY. Grade \u2018B\u2019 transaction volumes grew 79 percent QoQ and 137 percent YoY. Both Grade \u2018A\u2019 and \u2018B\u2019 saw the highest sales levels that have been seen at any time during the last five years.\n\n\nSavills said that a number of critical factors, including better financial support, construction commitment from developers and diversified products targeting various buyer groups, had resulted in better sales and price movement.\n\n\nMain image: \nA property for sale on Nguyen Huu Tho Street being marketed by Savills Vietnam\n.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/breeze-park-condotel-perfect-phuket-property-investment", "title": "Breeze Park Condotel is perfect for Phuket property investment", "body": "\n\n\n\nInvestments don\u2019t have to be the boring, at least not in Phuket. Here you can find holiday homes that double as investment generating properties. It really is the best of both worlds. If you\u2019re looking for something at the affordable end of the market, Breeze Park Condotel in Kamala Falls just might be the ideal property for you. \n\n\nThis story appears in the newest issue of Dot Property Magazine\n. \nClick here to read it\n!\n\n\nKamala Beach is one of the last remaining hidden gems in Phuket. While the water here is clear and the sands pristine, the area remains serene and free from the crowds of tourists found elsewhere on the island.\n\n\nAnother attractive feature of Kamala Beach is the location. It is only a 40-minute drive from Phuket International Airport while Patong can be reached in ten minutes by car. Additionally, the popular Phuket Town and beautiful beaches of Kata and Karon are less than a 30-minute drive away.\n\n\nDespite the central location and awe-inspiring coastline, development in and around Kamala Beach remains relatively limited. At the north-end of the beach is the MontAzure residential resort development, but beyond that there isn\u2019t much for real estate investors to choose from.\n\n\nKamala Beach is a short distance from Breeze Park Condotel\n\n\nThis is just one of the many reasons Breeze Park Condotel is such an exciting development. Located in the hills just south of Kamala Beach, this residential complex boasts an impressive design and an affordable price point that makes it extremely attractive for investors, holiday homes seekers or those wanting one property to do both.\n\n\nBreeze Park Condotel features three total buildings that will host residences, a 4-star hotel and amenities. These include a spa, fitness centre, a restaurant and a range of boutique shops. The complex also has a large swimming pool that blends into the development.\n\n\nPerhaps the most impressive amenity is the sky garden which spans all three buildings and offers some of the most beautiful views around. There is lush greenery while residents will be able to enjoy the use of a BBQ area that is exclusive to them. The end goal is to create a development that is family friendly and popular with all types of travellers.\n\n\nSee more:\n \nAdditional information on the project\n\n\nAll of this will be operated by a professional hotel brand with experience managing condotel projects.\u00a0 The developer is still in talks with multiple operators and hope to announce the brand in the near future.\n\n\nUnits in Breeze Park Condotel are spacious and feature modern designs\n\n\nThere are one- and two-bedroom units for sale at Breeze Park Condotel. The Superior Suites are smartly designed one-bedroom units ranging from 31 to 34 square metres. There are also a limited number of spacious Deluxe Suites that measure from 38 to 59 square metres. A small number of two-bedroom, Family Suites are also available.\n\n\nEach unit has been carefully designed and utilises wood and sea tones that match the beautiful surroundings of the resort. Additionally, the residences feature the minimalist style that is popular around the world. Every unit comes fully fitted and exclusive furniture packages are available.\n\n\nAnother unique feature of the development is the low unit density. There are only 236 units spread across the three buildings at Breeze Park Condotel. This creates a peaceful environment that avoids overcrowding.\n\n\nUnbeatable offer\n\n\nAs land prices in Phuket have increased, so too have the prices of condominium units. For example, basic units in new Patong condominium developments away from the beach are now starting at THB 3.5 million (USD 112,000) and go up from there. Some of these projects don\u2019t even have hotel or property management in place, which significantly reduce their investment potential.\n\n\nBreeze Park Condotel has hotel management in place for buyers wishing to enter into the programme. It also has 5-star quality facilities adding extra value to the entire property. And yet the starting price for a unit here is noticeably less than other parts of Phuket.\n\n\nThe one-bedroom units at Breeze Park Condotel start at THB 3.2 million (USD 100,000) while the two-bedroom units are priced from THB 5.7 million (USD 178,500). These are among the most affordable new-build condominium units currently for sale on the island.\n\n\nAnd unlike other parts of Phuket, residential development in Kamala Beach is limited despite strong demand for condominium units. CBRE Thailand research found that projects located near the beaches of Surin and Kamala offering a guaranteed return of seven percent for three years recorded strong sales in 2017 and have a good outlook moving forward.\n\n\nBreeze Park Condotel will have hotel facilities such as a spa and restaurant\n\n\nThe best of both worlds\n\n\nCondotels are a popular investment in Phuket since they allow the buyer to enjoy the benefits of both a property investment and a holiday home. Owners can enjoy a set number of days at the project throughout the year and will see steady returns on investment while away.\n\n\nAt Breeze Park Condotel, buyers who opt into the rental management programme can enjoy guaranteed returns of seven percent for five years. Owners are also entitled to 30 days of usage during low season or 15 days during the peak season. Of course, this is just the base of what\u2019s possible.\n\n\nUnlike traditional condominium projects, purchasing a unit in a condotel, such as Breeze Park Condotel, allows investors to take advantage of Phuket\u2019s booming tourism industry. So while seven percent yields are guaranteed, the actual return on investment may be higher. Similar projects in other parts of Phuket are now recording returns of more than ten percent.\n\n\nWhy invest in Phuket\n\n\nPhuket has long been a popular tourist destination, but arrivals have really taken off in the past few years. Last year, 8.4 million visitors headed to Phuket. This record-breaking total was a significant increase from 2016. And the growth has carried over to 2018.\n\n\nAccording to C9 Hotelworks\u2019 Phuket Hotel Market Update, passenger arrivals at Phuket International Airport jumped by almost 19 percent in the first quarter of this year. Part of this was due to the opening of the airport\u2019s new international terminal. The airport now boasts non-stop connections to Europe, China and the Middle East to go along with a wealth of regional and domestic flights.\n\n\nChina remains a key market for Phuket with arrivals from the mainland jumping by almost 50 percent between 2016 and 2017. Arrivals from Australia and Europe have remained steady in the past few years. Guests from Russia are also returning after a few down years.\n\n\nWith more people visiting Phuket than ever before, hotel occupancy rates have also been on the rise. The Thai Hotels Association (THA) noted hotel occupancy rates on the island rose to 75 percent in 2017, an increase of almost 12 percent from 2016 totals. The THA also found that Phuket has the best performing hotel sector in all of Thailand.\n\n\nBreeze Park Condotel Conclusion\n\n\nGiven the affordable price point, outstanding rental returns, high-quality units and 5-star quality amenities, Breeze Park Condotel is going to be in high demand from buyers. In fact, 20 percent of the units have already been reserved.\n\n\nIt is getting harder and harder to find new-build condominiums with unit prices starting under THB 3.5 million (USD 112,000). What\u2019s more, these usually don\u2019t have the features or 4-star hotel management that Breeze Park Condotel provides.\n\n\nIf you are looking for a property investment in Phuket, Breeze Park Condotel is the rare option that provides real value for money along with the potential for a double-digit return on investment. Scheduled to be completed in 2020, your chance to claim a residence here is going to be limited. The developer believes all units will be sold in 2019 meaning it is important to book yours now.\n\n\nClick here to request more details\n\n\nFor more information:\n\n\nTel:\n+66 (0)8 1908 6651 , +66 (0)9 3323 6128\n\n\nEmail:\n[email\u00a0protected]\n\n\nwww.breezeparkcondotel.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/brewing-buildings-look-breweries-in-asia-property-development-ambitions", "title": "From brewing to buildings: A look at breweries in Asia with property development ambitions", "body": "\n\nThis article on breweries in Asia with property development ambitions\u00a0appears in the newest issue of Dot Property Magazine. \nClick here to download your FREE copy today\n!\n\n\nSingha Beer is widely available across the world. What most people outside of Thailand don\u2019t realize is the same beer maker also develops luxury condominiums and other real estate projects. Some of the Singha developments have been designed to look like a beer pouring into a glass.\n\n\nAnd it\u2019s not just Singha swapping brews for buildings. There are several breweries in Asia with property development ambitions. We should note the same people overseeing the brewing business aren\u2019t the ones making property decisions or vice versa.\n\n\nHowever, it is interesting, nonetheless. Part of that is just the novelty factor. There has been so much consolidation when it comes to alcohol manufacturers over the past few decades that many companies never had the chance to expand their business portfolios.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe ones that did grow almost always doubled down on beverages in some form or another. Japan\u2019s Asahi is a huge conglomerate but never ventured away from its core businesses. The story is similar for Hite in South Korea. Meanwhile, most leading alcohol producers in Singapore, Indonesia and elsewhere in Asia were gobbled up by multinational corporations.\n\n\nA handful managed to escape this fate and were bold enough to expand their portfolios well beyond brews. A select few even ventured into the world of real estate. Let\u2019s take a look at the breweries in Asia with property development ambitions.\n\n\nAlso Interesting:\n\u00a0\nGo inside Asia\u2019s most exclusive branded residences\n\n\n4\u00a0breweries in Asia with property development\u00a0ambitions\n\n\nSingha\n\n\nThe Esse from Signha Estate was one of the firm\u2019s first Bangkok projects\n\n\nBoon Rawd Brewery, owner of Singha Beer, Leo and many other things, made a splash in 2014 when it acquired Rasa Property Development and rebranded it Singha Estate. The move wasn\u2019t a complete surprise, however.\n\n\nIn 2010, \nthe drinks maker purchased a land plot in Bangkok that was previously home to the Japanese embassy\n via its property management division. It seemed a matter of if, not when, Boon Rawd Brewery would enter the real estate segment.\n\n\nWhat was surprising was just how heavily the firm leaned into Singha branding for its property development ambitions. We aren\u2019t simply talking about the name. The developer\u2019s first few developments boast designs directly inspired by its brewing roots.\n\n\nBoth The Esse at Singha Complex and The Esse Asoke feature distinctive facades that are supposed to invoke thoughts of Boon Rawd Brewery\u2019s core business. The developer has moved away from this style when launching subsequent projects for the most part. Instead, an emphasis has been placed on creating the \u201cSingha Life\u201d which spans across all the firm\u2019s brands.\n\n\nSo, are Singha projects any good or is this simply a product of drunken ambition run a bit too wild? All things considered, there is a lot to like about the residential developments completed by Singha Estate. In particular, the amenities and common areas standout. For example, The Esse at Singha Complex has a rock-climbing wall. Good luck finding that at any other condominium.\n\n\nAll Singha Estate developments are sleek, modern and fun. Three characteristics you would expect from a beer company. This is really where the developer stands out. While many homebuilders in Thailand try to incorporate lifestyle elements into their projects, they don\u2019t have the experience or brand power to stray too far from their comfort zone.\n\n\nOn the other hand, Singha Estate has tapped into Boon Rawd Brewery\u2019s understanding of the lifestyle experience. Buying a property from them is more about acquiring that lifestyle as opposed to simply purchasing real estate.\n\n\nSingha Estate has completed three condominium projects in Bangkok and launched its fourth last year. The company continues to work on a detached housing development in addition to having numerous commercial and hospitality real estate interests.\n\n\nChang via TCC Group/ThaiBev/TCC Assets/Frasers Property\n\n\nOne Bangkok is one of the largest real estate projects to be launched in Thailand\n\n\nIf Singha is doing something, it\u2019s only natural to assume Chang is also doing it. Indeed, the massive conglomerate run by Khun Charoen Sirivadhanabhakdi became involved in property development more than a decade before Boon Rawd Brewery entered the industry.\n\n\nHowever, the two rivals approach to real estate could not be more different. Whereas Singha openly embraced having a property developer under its umbrella and even lent its branding to the subsidiary, Khun Charoen carried out a much more siloed approached to his businesses.\n\n\nEverything sits under Thai Charoen Corporation Group (TCC) Group including ThaiBev, which oversees Chang alongside numerous other drinks, TCC Assets and Frasers Property Thailand. The latter two organizations oversee the conglomerate\u2019s real estate interests.\n\n\nThe much talked about \nOne Bangkok\n is being developed by TCC Assets and Frasers Property Thailand. Other notable buildings in the TCC Group portfolio include Samyan Mitrtown, Park Ventures Ecoplex and W Bangkok Hotel. However, it seems extremely unlikely we will ever see a Chang-branded condominium.\n\n\nAbout One Bangkok:\n\u00a0\nOne Bangkok and Dusit Central Park in billion dollar battle for supremacy around Lumphini Park\n\n\nSan Miguel\n\n\nMost of San Miguel\u2019s property projects involve low-rise housing\n\n\nSan Miguel is the best-selling beer in \nthe Philippines\n and Hong Kong. Its success since being founded in 1890 has allowed it to venture way beyond drinks. These days the conglomerate has interests in power generation, infrastructure and oil to name a few industries. It even owned a 49 percent stake in Philippine Airways for a minute during the 2010s.\n\n\nThe beer maker launched its real estate arm, San Miguel Properties, and has slowly built up a portfolio of developments. In terms of residential projects, the firm has focused almost entirely on house-and-lot and townhomes with many of these located in suburban areas around Metro Manila.\n\n\nMakati Diamond Residences is the most well-known project to have been developed under San Miguel Properties. The luxury serviced apartments are very popular in Makati while the large ballroom is a highly sought-after wedding venue.\n\n\nMore from the Philippines:\n\u00a0\nWhy does the Philippines need to develop tourism-focused real estate?\n\n\nSapporo Breweries\n\n\nPhoto: Guilhem Vellut \u2013 Yebisu Garden Place features office, retail and residential buildings\n\n\nWhen you think of Japanese beers, Sapporo isn\u2019t the first name most people think of. However, it does have a property development arm unlike some of its bigger competitors. The company launched Sapporo Real Estate in 1988 more out of necessity than anything else. It had a couple of old breweries and wanted to turn them into viable commercial spaces while retaining each site\u2019s heritage.\n\n\nBoth Sapporo Factory and Yebisu Garden Place have become popular destinations after launching in the 1990s. The conglomerate completed another commercial center, Ginza Place, in 2016 featuring a similar mix of restaurants, retail space and bars serving various Sapporo products.\n\n\nA total of five residential developments have been developed by Sapporo Real Estate with all but one of these located in Tokyo\u2019s Ebisu neighborhood near Yebisu Garden Place. These were all built before 2006 on land owned by the group.\n\n\nAdditionally, Sapporo Real Estate owns seven office buildings in Japan with the majority of these also found around Ebisu.\n\n\nAlso Interesting:\n\u00a0\nA look at Japanese real estate investment\n\n"} {"url": "https://www.dotproperty.com.my/blog/brexit-prices-to-drop-5", "title": "Brexit: prices to drop 5%", "body": "\n\n\n\nWith a referendum on the United Kingdom\u2019s future role in the European Union (EU) set for June 23, despite Prime Minister David Cameron\u2019s best efforts last week, British online estate agent \neMoov.co.uk\n has predicted an EU exit could see U.K. house prices drop by as much as 5 percent.\n\n\nThe wealth of financial and economic implications of an EU exit stretch far beyond the U.K. property market however, for many U.K. residents the impact to property prices will be their primary concern as their home is the most expensive asset they are likely to ever own.\n\n\nThe firm\u00a0recently surveyed more than 1,000 British homeowners and found 55 percent believed leaving the EU would impact the value of their property (34 percent think they could increase, 21 percent think they could decrease).\n\n\nSince Great Britain joined the EU in 1973, the average house price has increased by more than 2,000 percent it\u00a0believed that it won\u2019t necessarily be leaving the EU itself that could see house prices drop, but the uncertainty amongst homeowners and buyers as to what will happen next.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\neMoov\n believed that an EU exit would cause a nervous ripple effect across the U.K., with homeowners and potential buyers choosing to baton down the hatches and weather the potential uncertain economic storm before committing to such a notable financial decision. Will unemployment rise? GDP fall? Could exports fall, causing businesses to fail?\n\n\nThe resulting potential reduction in demand for housing will almost certainly cool the market and, as a result, house prices will reduce in turn to reflect this. In an already inflated U.K. market this could lead to a potential loss of \u00a311,000 to the average U.K. homeowner.\n\n\nFounder and Chief Executive Officer of \neMoov.co.uk\n Russell Quirk, said: \u201cShould the U.K. public vote to leave the EU, we believe it could have a detrimental knock on effect to the U.K. property market.\n\n\n\u201cWe\u2019ve been part of the EU for more than 40 years now, so it\u2019s understandable that such a momentous change will lead to uncertainty among the U.K. public, as to the resulting implications an exit will have on them.\n\n\n\u201cThis air of uncertainty will lead to inaction among those looking to buy and sell and a resulting dwindling in demand, That will always lead to a reduction in house prices. We believe it could easily drop by 5 percent, maybe more, so the average U.K. homeowner could see their property reduce by \u00a311,000 in value.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/brief-guide-buying-south-korean-property-letting", "title": "A brief guide to buying South Korean property and letting it out", "body": "\n\n\n\nBuying South Korean property has flown under-the-radar despite a hot property market and very friendly foreign ownership rules. There are a few reasons for this, of course. For starters, real estate prices in the country are higher than what\u2019s available in Thailand, the Philippines and, in some places, Japan.\n\n\nAdditionally, the South Korean government introduced a series of measures designed to cool the sizzling home market in Seoul. These included legislation to restrict borrowings to existing homeowners and reigning in spiralling household debt. However, the impact of these have been minimal and home prices keep rising in the South Korean capital.\n\n\nResidential prices elsewhere in the country remain flat. This makes it an interesting time for buying South Korean property. Even as the government has rolled out nine separate rounds of cooling measures, it has only slowed the real estate market\u2019s momentum in Seoul. Similar to Hong Kong, it seems like investors will keep scooping up units here until something drastic happens. There are some limited property investment opportunities in other parts of the country, but not enough to move most overseas buyers.\n\n\nWant to know about buying South Korean property? Here\u2019s a brief guide with some basic information you\u2019ll want to know.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBuying South Korean property\n\n\nForeign ownership \n\n\nIt has been more than 20 years since the South Korean government deregulated the real estate market and opened it up for foreign ownership. These days foreign nationals buying South Korean property can acquire apartments, houses, entire buildings and land. The only thing they can\u2019t buy is land in military installation reservations, cultural property protection zones or ecosystem reservation districts.\n\n\nPaperwork\n\n\nJust like all real estate transactions, there is a mountain of paperwork that must be done. Unsurprisingly, in South Korea this paperwork is all in Korean. It\u2019s also important to note what you\u2019re required to submit varies depending on if you\u2019re a resident in the country or are buying from overseas. Working with a local real estate agent is strongly advised due to the language and knowledge challenges you may encounter. There are many licensed real estate agents who work with foreigners to ensure a smooth transaction process.\n\n\nTaxes\n\n\nBuying South Korean property will require you to pay various taxes and fees. These are all fairly standard and overseas buyers are not burdened by any stamp duties or taxes targeting non-local buyers. All of these taxes and fees are the responsibility of the buyer unless negotiated otherwise.\n\n\nAcquisition tax:\u00a0\n2.3 percent of purchase price\n\n\nRegistration Tax:\u00a0\n3 percent of purchase price\n\n\nValue Added Tax (VAT):\u00a0\n10 percent of purchase price\n\n\nHousing Bonds:\u00a0\n5 percent of purchase price\n\n\nStamp Duty:\u00a0\nVaries, but around 0.20 percent of the property value.\n\n\nThere are also a few smaller taxes (nothing more than 1 percent) buyers are responsible for in addition to legal fees.\n\n\nLetting out your South Korean property\n\n\nThe system of renting out a residential unit in South Korea is probably quite different from what you are accustomed to. There are some traditional monthly rentals, but the majority of properties are let out via a Jeonse.\n\n\nSo what\u2019s this?\n\n\nInstead of rent, the tenant will put down a large deposit of 50 to 80 percent of the market value of the property. They then get to stay in the apartment rent free for the duration of the agreement which is usually no less than two years. The landlord will return the deposit after the agreement, but is able to collect all interest the money has earned.\n\n\nIf you\u2019re confused about Jeonse, think of it like this. The tenant who lives in the property is a moneylender while the landlord is the borrower. The unit is used as collateral. If anything happens to the deposit, the tenant is still entitled to their money. The property will be put up for sale and the tenant will receive money after once this is completed.\n\n\nHow difficult is the entire process?\n\n\nIf you\u2019re an experienced real estate investor, buying South Korean property is no more or less difficult than most other countries. You will need to work with a local real estate agency. This isn\u2019t that hard to find and several cater to overseas buyers. The biggest upside to the South Korean property market is the friendly foreign ownership policy which means you aren\u2019t limited in terms of what can be acquired.\n\n\nLetting out your property will require you to better understand the benefits and risks of the Jeonse system. That being said, more people in South Korea, especially Seoul, are willing to rent a residential property by making monthly rental payments. Just do your research on the neighbourhood, rental demand and price prospects before making a final decision.\n\n"} {"url": "https://www.dotproperty.com.my/blog/brief-guide-pattaya-condo-investment-in-2022-a", "title": "A brief guide to Pattaya condo investment in 2022", "body": "\n\nThailand\u2019s Eastern Seaboard has changed dramatically over the past two years. This was, of course, out of necessity. Losing international tourists meant the region needed to focus on creating sustainable support that would allow it to survive the loss of what had been its primary economic driver.\n\n\nNowhere is this more evident than \nPattaya\n. It has gone from being the seedy town Bangkokians chuckled at to a family-friendly destination where they wish to own a second home. The city\u2019s transformation has been impressive.\n\n\nSo, what does all this mean for Pattaya condo investment in 2022? Let\u2019s answer some key questions about the market and checkout two projects on the opposite ends of the price spectrum.\n\n\nRead More:\n\u00a0\n4 things to know about Thailand property investment in 2022\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nA brief guide to Pattaya condo investment in 2022\n\n\nWhat\u2019s different about Pattaya?\n\n\nSeveral beaches in Pattaya have undergone restoration efforts\n\n\nA walk around Pattaya at the moment is a real eyeopener. The waters are blue and the streets are clean. It really does feel different. The city made a concerted effort to carry out projects designed to attract visitors from Bangkok, but all arrivals can appreciate the changes.\n\n\nThe landscape redevelopment of Pattaya Beach created a far more vibrant area. Meanwhile, the Jomtien Beach restoration project has completely transformed that part of the city. But there is more to it than that. Pattaya has finally embraced being a family-friendly destination after countless starts and stops.\n\n\nHow has infrastructure improved the region?\n\n\nA lot has been made of U-Tapao International Airport which was serving a number of overseas routes prior to the outbreak of COVID-19. These will eventually resume while work on the highspeed rail line connecting it with Suvarnabhumi and Don Mueang airports in Bangkok continues as well. These are all obviously important.\n\n\nBut the M7 Bangkok-Pattaya motorway has been an absolute gamechanger. It has significantly reduced travel time between the Thai capital and resort city while also improving road links elsewhere along the Eastern Seaboard.\n\n\nThe impact of the improved roads cannot be understated, and it is a big reason why domestic buyers are purchasing holiday homes in Pattaya. It is now a legitimate 90-minute drive which is appealing when combined with the more pleasant lifestyle found here.\n\n\nIs now a good time to buy?\n\n\nIt must be noted that the best real estate deals are long gone. And the second wave of discounts has dissipated. Bargains can still be found here and there, but prices have levelled out for the most part.\n\n\nHowever, it is a good time to buy in terms of the choices available. Options remain plentiful now as tourists are in the early stages of returning and local buyers have already locked up the properties they wanted. By the end of 2022, the situation could be noticeably different as more in-person shoppers have claimed the unit they want.\n\n\nSo, while condo prices may not shift much this year, the pool of quality units on the market will shrink which means now is, in fact, a good time to buy.\n\n\nRelated:\n\u00a0\nExports surge led to stronger Eastern Seaboard residential demand last year\n\n\nWhat is the investment outlook?\n\n\nSpeculators will not find the Pattaya property market to their liking\n\n\nPattaya condo investment in 2022 isn\u2019t a quick flip proposition. Speculators need not apply. This has become a market driven by end users. Now that doesn\u2019t indicate that returns aren\u2019t possible. With tourism resuming, demand for rooms will pick up. Those owning a unit in a rental program could see a return on investment as soon as this year, although that is an optimistic timeline.\n\n\nAs far as capital appreciation is concerned, the key is investing in the right areas. According to data from Colliers International Thailand, Wong Amat Beach has the second highest property sales rate in Pattaya. However, there is no beachfront land for future projects which implies opportunities to own a residence here will most likely be limited moving forward.\n\n\nBut these shouldn\u2019t be your primary reasons to invest in Pattaya as it will take some time for the situation to stabilize. Buying a unit this year is more about securing the holiday home you want today and then possibly benefiting from returns in the coming years.\n\n\nLooking at two Pattaya condominiums\n\n\nA look at Pattaya condo investment in 2022 isn\u2019t complete without checking out two notable projects currently on the market. On one end of the spectrum, there is AROM Wongamat, a luxury condominium unlike anything else in the city. And then there is Grand Solaire, a massive development with more than 2,000 units. Here is what each one offers.\n\n\nAROM Wongamat\n\n\nAll units at AROM Wongamat have expansive sea views\n\n\nAROM Wongamat\n sits on top of what has been called the last piece of land on Wong Amat Beach. The project has been crafted to match that exclusivity. For starters, all residences boast expansive sea views. Nothing is obstructed or partial here. And if you want to do more than look, the project also offers direct beach access.\n\n\nAs you would expect from an upscale development, it boasts a long list of impressive amenities, including rooftop facilities offering gorgeous panoramic views. A range of concierge services is available for residents as well.\n\n\nProviding a quality lifestyle was something the developers behind AROM Wongamat worked diligently to craft. The condominium embodies the change in residential demand currently taking place in Pattaya.\n\n\nClick here to learn more about AROM Wongamat\n\n\nGrand Solaire\n\n\nGrand Solaire is the highest point of elevation in Pattaya City\n\n\nThe sheer size and scale of \nGrand Solaire\n is stunning. The project extends 67 storeys creating what the developer claims is the highest point of elevation in Pattaya City. Inside will be 2,326 residences along with a seemingly endless array of amenities that rivals most luxury resorts.\n\n\nWhat is truly interesting about Grand Solaire is the fact it covers all segments of the market. Entry-level, 29 square meter units start at less than THB2.5 million while the rooftop duplex penthouse has everything from a pool to a private cinema and is the largest condo in Pattaya.\n\n\nPrices may vary from affordable to superluxury at Grand Solaire, but the developer was dedicated to providing a touch of elegance throughout the project. Each residence features marble-styled tiling as well as black marble and glass kitchens to create an upscale look.\n\n\nClick here for more details on Grand Solaire\n\n\nFinal thoughts on Pattaya condo investment in 2022\n\n\nThese two projects both promise a luxury experience, although each one goes about it in an entirely different way. This is a reflection on the Pattaya property market as a whole. Quality matters since buyers are end users who will be using their units for more than a few days each year.\n\n\nAnyone considering Pattaya condo investment in 2022 should understand that this isn\u2019t a buyer\u2019s or seller\u2019s market. It is an end user\u2019s market. And those who want to stay in the city will be impressed with not only how far it has come but also the residential options on offer.\n\n"} {"url": "https://www.dotproperty.com.my/blog/budget-not-without-excitement", "title": "Budget: Not without excitement", "body": "\n\n\n\nThe lack of property-related measures in yesterday\u2019s Singapore annual Budget 2016 came as no surprise to most industry observers, given that most property sectors are at the early stages of consolidation and any interference at this juncture would be too premature.\n\n\nReal estate firm JLL said that as for the residential market, an absence of changes to market cooling measures was also expected as the Government has conveyed its concern that premature easing of market cooling measures might lead to a market rebound.\n\n\nNonetheless, Budget 2016 is not without exciting news for the real estate sector.\n\n\nIndeed, JLL expressed its excitement about the development of Jurong Innovation District (JID). Positioned as an \u201cindustrial park of the future\u201d the JID will be developed and touted to be the \u201cfuture of innovation for enterprise, learning and living\u201d.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe development of JID will see the currently \u201csleepy\u201d Jurong West transformed into a thriving hub of activity. As the development of JID takes shape, we can expect demand for real estate ranging from homes, offices, retail, hospitality and industrial to rise and along with this, a general rise in real estate value in and around JID.\n\n\nIt will also trigger private-sector interest in real estate development and investment and thus, we can expect to see an increased level of activity in this locality in time to come. Potentially, the Government Land Sales programme might soon start to incorporate land parcels in and around JID to kick-start the transformation.\n\n\nThe development of JID will also complement the development of Jurong Lake District by creating a larger draw for the population to work, live and play in the western corridor of Singapore.\n\n\nWhilst there are no property-specific measures in Budget 2016, given that demand for real estate is a derived demand, the plethora of measures aimed at helping companies and individuals ride through the expected economic slowdown should help prop up demand for real estate and cushion the office, retail and industrial markets against a hard landing amid a backdrop of a challenging economy.\n\n\nThe host of measures engineered to help the island-nation stay competitive in the medium-term and cope with new challenges of the new world in the longer term will ensure long-term stability for Singapore\u2019s property market.\n\n\nIndeed, the announcement of the JID is a show of the government\u2019s commitment to prepare and navigate the economy and its population to transform through innovation.\n\n"} {"url": "https://www.dotproperty.com.my/blog/business-magnate-john-l-gokongwei-jr-passes-away", "title": "Business magnate John L. Gokongwei Jr. passes away", "body": "\n\n\n\nInnovator. Entrepreneur. Philanthropist. These are just a few of the words that can be used to describe the legendary John L. Gokongwei Jr. who passed away on November 9\nth\nat the age of 93. He founded JG Summit Holdings Inc. on humble beginnings and built a vast conglomerate that now spans the real estate, aviation, banking, media, petrochemicals and food sectors to name a few.\n\n\n\u201cOur beloved husband, father and grandfather John Gokongwei, Jr. passed away peacefully 11:41 pm, November 9th, at the Manila Doctor\u2019s Hospital surrounded by his loved ones. Please pray for the repose of his soul,\u201d \nLance Gokongwei, the son of John L. Gokongwei Jr. wrote in a text to Esquire Philippines\n.\n\n\nIn the real estate arena, Robinsons Land Corporation was set up as the real estate arm of JG Summit Holdings Inc. in 1980. In the almost 40 years that has followed, the firm has become one of the acclaimed developers in the Philippines. The company\u2019s work spans the entire country with projects in the residential, office, retail and hospitality sector. The homebuilder also expanded into China, making it one of only a few international developers to find success on the mainland.\n\n\nJohn L. Gokongwei Jr.\u2019s real estate legacy is far reaching but perhaps best viewed at the iconic Robinsons Galleria. Built in 1990 on the corner of EDSA and Ortigas, the development helped drive both the company\u2019s and country\u2019s growth in the following decades. The success of Robinsons Galleria created the foundation for Robinsons Malls to become a retail giant with more than 40 shopping centers in the Philippines.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMeanwhile, \nthe highly acclaimed residential arm of Robinsons Land \nCorporation\n\u00a0has helped elevate living standards for the public regardless of income. The firm now boasts 100 developments throughout the country under four unique brands: Robinsons Luxuria, Robinsons Residences, Robinsons Communities and Robinsons Homes.\n\n\nThe impact of John L. Gokongwei Jr. cannot be understated. His work and status as one of the Philippines\u2019 first business disruptors has inspired generations of Filipinos. Dot Property would like to extend our condolences to the Gokongwei family and everyone at JG Summit Holdings Inc.\n\n"} {"url": "https://www.dotproperty.com.my/blog/buy-condo-unit-older-building", "title": "Should you buy a condo unit in an older building?", "body": "\n\nThey may not be sexy, but there are reasons to buy a condo unit in an older building\n\n\nPeople looking to buy a condo unit in an older building at the moment are doing so for a number of reasons. While they may lack some of the bells and whistles found in new projects, especially when it comes to amenities, these can outweigh the positives.\n\n\nAnd that is something you\u2019ll want to consider before starting your property search. For some people, living in an older residential project better suits their day-to-day requirements. Here are three reasons you may choose to buy a condo unit in an older building.\n\n\nRelated:\n\u00a0\nIs it better to buy a furnished or unfurnished condo?\n\n\nHere\u2019s why you should buy a condo unit in an older building\n\n\n1) More space, less money\n\n\nA condominium unit in a new-build development will almost always cost more on a per square meter basis than an older one in the same location. This is due to a number of different factors. For example, newer projects are equipped with smart technologies which adds to the price. Additionally, amenities aren\u2019t as nice or expansive.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHowever, you can likely afford a larger unit in an older building if you aren\u2019t concerned about things like that. And with work from home expected to be with us in some form moving forward, having that extra space is an important consideration.\n\n\n2) Customization\n\n\nIf you buy a condo unit in an older building, there is greater freedom to customize it. In most new developments, fittings, finishings and, in some cases, furniture comes pre-equipped. While not impossible, you may run into restrictions as it relates to modifying rooms or spaces.\n\n\nThese restrictions don\u2019t usually exist when buying a unit in an older condominium. Now, the size and scope of the renovations will be limited by the juristic board of the building, but most are pretty flexible in terms of what can be done as long as you submit plans ahead of time.\n\n\n3) No surprises\n\n\nThe only way to view an off-plan condominium is at a show unit or via 3D renderings. These are excellent tools, although some property buyers let their imagination run wild when purchasing a new unit only to be disappointed when it is finally turned over.\n\n\nWhat you see is what you get when buying a unit in an older condominium building. There are very few surprises, and you can kick the proverbial tires on it until your foot is sore.\n\n\nConclusion\n\n\nFor some home seekers, it makes more sense to buy a condo unit in an older building. However, this isn\u2019t always the case. Those who enjoy using amenities or prefer a residence be move-in ready will be interested in a newer project. Ultimately, the key is conducting a thorough property search and see how units in older buildings compare to newer ones in terms of price, size and what\u2019s most important to you.\n\n\nRead More:\n\u00a0\nSimple tricks to make your condo seem bigger\n\n"} {"url": "https://www.dotproperty.com.my/blog/buyers-market-thailand-new-normal-shapes-future-demand", "title": "It\u2019s a buyer\u2019s market in Thailand as the \u201cnew normal\u201d shapes future demand", "body": "\n\nThere is a buyer\u2019s market in Thailand although price reductions haven't been uniform\n\n\nThere is a buyer\u2019s market in Thailand, but those looking for real estate need to be proactive to find the lowest possible price. Meanwhile, residential demand in the country will shift as the \u201cnew normal\u201d causes home seekers to reevaluate their priorities.\n\n\nAccording to CBRE Thailand, the buyer\u2019s market in Thailand is unique in that discounts are not being offered at the same rate throughout the country. In Bangkok in particular, there have been no uniform price reductions with developers opting for various programs.\n\n\nIn order to find the best deals, property seekers are having to do a significant amount of research. Some events, such as the\u00a0\nDot Property Black Friday Sale\n\u00a0on June 19, are assisting interested buyers by aggregating special discounts in one place. CBRE found that residential real estate sales have nearly returned to pre-COVID-19 levels.\n\n\nClick here to reserve the best discounts on Thailand property\n\n\n\u201cCurrently, Thai developers have been focused on selling units in already launched off-plan developments and completed condominium. Even with a buyer\u2019s market in Thailand having formed, speculative demand is limited with most buyers being end-users,\u201d Khun Aliwassa Pathnadabutr, CBRE Managing Director, stated.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nResidential demand set to change with \u201cnew normal\u201d\n\n\nThe buyer\u2019s market in Thailand isn\u2019t simply leading to more sales. It\u2019s also uncovering just how residential demand in the country is changing as the \u201cnew normal\u201d takes hold. While these trends are still forming, CBRE believes they are worth watching as the recovery continues.\n\n\n\u201cThe first trend is location which we should keep an eye on. Buyers will choose between the inner city and midtown/suburban areas. As people are spending more time at home and working from home, the need for space usage will increase,\u201d Khun Aliwassa pointed out. \u201cCoupled with the mass transportation expansion outside the metropolitan area, some buyers will reconsider their housing choices in terms of value related to usable space.\u201d\n\n\nHealth and environmental concerns are also influencing how property demand will evolve in Thailand. CBRE noted that product development improved during past crises in response to shifts in demand that happened during the aftermath. The \u201cnew normal\u201d being brought on by COVID-19 will likely see demand change and homebuilders innovate to keep pace.\n\n\n\u201cDevelopers and designers will have to bear in mind changes in buyers\u2019 behaviors and highlight specifications that advance health and convenience of life of residents when developing a future project such as usable area, air quality and new technologies,\u201d Khun Aliwassa said. It will be interesting to see how new products in the residential market will be developed in response to the changes in the buyer\u2019s requirements after COVID-19.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/buying-intent-largely-positive", "title": "Buying intent largely positive", "body": "\n\n\n\nReal estate firm CBRE has revealed the results of its Asia-Pacific Investor Intentions Survey 2016, which analysed the outlook and appetite of Asia-Pacific real estate investors for the rest of the year.\n\n\nOverall buying intentions among Asia-Pacific real estate investors remained positive, with around 80 percent of survey respondents indicating they plan to buy at a similar level to, or more than 2015. Despite less respondents intending to increase purchasing activity in 2016\u2014only 42 percent of respondents plan to purchase more this year, compared with 54 percent in 2015 and 64 percent in 2014. The majority of investors still expect to buy more than they sell.\n\n\n\u201cAsia-Pacific will continue to remain an attractive, key growth market for investors, underpinned by rapid urbanisation and economic growth leve\u200bls that outpace global averages,\u201d said Ada Choi, Senior Director of Research, CBRE Asia Pacific.\n\n\n\u201cAs the region\u2019s real estate market has seen an active couple of years, which saw record-breaking investment turnover and big ticket portfolio transactions, we are starting to see softening investor sentiment in 2016 with moderated buying intentions for the second consecutive year. This is most likely due to increased concerns over the regional and global economy, high asset prices and also limited availability of assets for sale.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nA greater number of respondents (58 percent) identified the domestic and global economy as the greatest threat to the Asia-Pacific real estate market this year, compared to last year\u2019s 29 percent. There is also a growing concern on asset pricing, with 38 per-cent of respondents identifying this as the biggest obstacle to acquiring assets, an increase from 31 percent in 2015. Nevertheless, respondents selected capital value growth as their main motivation for investing in real estate. Availability of assets is seen as the second biggest obstacle, though this has reduced from 21 percent in 2015 to 16 percent during 2016.\n\n\nInvestors Moving Up the Risk Curve\n\n\nGiven the increased uncertainty regarding the economic outlook, core assets remain the most preferred asset for investors, followed by value-added assets. However, demand for core assets fell from 43 percent in 2015 to 33 percent this year, whereas there was stronger interest in value-added assets and good secondary assets.\n\n\n\n\n\u201cThe pricing of prime core assets and investors\u2019 desire for high returns suggests that investors intend to move up the risk curve this year,\u201d said Richard Kirke, Managing Director, Capital Markets, CBRE Asia-Pacific.\n\n\n\u201cInstitutional investors, which have looser return requirements, will focus on prime core assets for long-term holds whereas demand for value-added assets continues to be led by real estate funds and REITs.\n\n\n\u201cExperienced institutional investors, especially major sovereign wealth funds, are increasingly moving into development projects and into emerging Asian markets for higher returns,\u201d Kirke added.\n\n\nBreakdown of Preferred Markets, Sectors\n\n\nWithin Asia-Pacific, findings reveal that cross-border investors continue to focus on Australia, Japan and China; collectively, these three markets account for about 60 percent of respondents\u2019 interest. Australia remains especially popular among Asian investors, in particular Chinese and Singaporean investors, whilst foreign investor interest in Japan is also strong, led mainly by North American investors. Even though investment interest in China declined among international investors \u2013 on the back of the country\u2019s economic slowdown, stock market volatility and currency depreciation \u2013 sentiment among domestic investors remains relatively firm. Driven by improving economic fundamentals, several emerging Asian markets such as India and Vietnam also regained investors\u2019 interest this year.\n\n\nThe office sector retained its position as the most preferred sector for investment (32 percent of respondents) for the third consecutive year. Continued business growth in Asia Pacific, especially by the service sector, supported solid investment demand for prime assets in this sector. Logistics follows as the second most attractive investment sector. However, hotels and resorts have seen a particularly significant surge in interest, jumping from just 1 per cent in 2014 to 14 per cent in 2016. Demand in this sector is particularly strong in Australia and Japan, where weaker currencies have supported strong growth in tourism arrivals, especially from China.\n\n\n\n\nInvestors seeking higher yields will continue to turn to alternative sectors in 2016 \u2013 67 percent of respondents are actively pursuing alternative sectors this year. Real estate debt (20 percent) remained the most attractive asset type, followed by student housing (17 percent), healthcare (16 percent) and retirement living (16 percent). Self-storage and data centers also received stronger interest from investors this year compared to 2015.\n\n\nInterest in Southeast Asia Rose\n\n\nSurvey results for respondents keen on Southeast Asia showed a slightly different picture. Some 20 percent of cross border investors polled expressing interest to buy assets in the region, particularly in Singapore and Vietnam in 2016, compared with 17 percent in 2015. Residential projects, in particular multi-family and assets with lease potential, are deemed to be the most attractive for cross border investors keen on Southeast Asia. The same investors have also indicated a preference for student housing (28 percent), followed by real estate debt (17 percent) in terms of alternative assets they are actively pursuing.\n\n\n\u200bOutbound Investment Growing in Interest\n\n\nAsia-Pacific investors are demonstrating a stronger appetite for outbound investment this year with 42 percent of respondents intending to invest outside the region, up from 31 percent in 2015. South Korean investors retained the most positive attitude towards outbound investment, followed by Singaporeans. Asian institutional investors continued to lead outbound investment among the different investor types.\n\n\n\u201cThe search for higher income returns and access to a larger pool of core assets are the key reasons behind overseas real estate investments, especially among Asian investors. Consequently, Asia-Pacific investors overall are broadening their interest from Asia to the rest of the world. Asia-Pacific investors plan to invest more capital internationally in the coming year than last year, which is in contrast to the softer investment intentions displayed by respondents within the region itself,\u201d said Kirke.\n\n\nCBRE\u2019s Asia Pacific Investor Intentions Survey 2016 was compiled from around 350 responses and was carried out online between January and February 2016. The survey covered a wide range of real estate investors, including funds or asset managers, property companies, institutional investors, listed property companies and REITs. Around 80 percent of respondents were companies domiciled in Asia-Pacific and 20 percent were domiciled outside of this region.\n\n"} {"url": "https://www.dotproperty.com.my/blog/buying-off-plan-a-guide", "title": "Buying off-plan: A guide", "body": "\n\n\n\nIn many parts of the world buying property off-plan is common. In others its considered to be a very risky investment. On the plus side it allows you, the buyer, to purchase ahead of many other buyers but how does buying off-plan really work, and what do you need to do before signing any sales agreements?\n\n\nQuite simply, buying off-plan is purchasing a property that is yet to be built. In most cases construction will also not have started. Buyers and investors will largely be agreeing to buy based on architectural plans \u2013 hence the name \u2018off-plan\u2019.\n\n\nIn some cases, you may be fortunate and the developer will have a show unit for inspection, but don\u2019t be surprised if what you see in the showroom changes to what you actually get at the end of the transaction.\n\n\nHow does buying off-plan work?\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe process differs between developments and countries. Some developers reserve the right to alter the design of a property without having to seek approval from the buyer, while in some countries the developer will have to pay the buyer a penalty for any minor changes. Its not uncommon in some countries for developers to expect buyers to pay additional funds if construction costs change. For these reasons and more, an off-plan sales and purchase contract can be very different to a standard one.\n\n\nWhen signing a deposit is always due, but the amount varies from as little as a few percent of the total price to as much as 50 percent. In most cases that deposit is held in a trust account until a certain stage of construction has been reached. This is where professional and legal advice is strong recommended.\n\n\nHow long does the process take?\n\n\nAfter signing there may be a cooling-off period depending on the country you\u2019re buying in. If you are fortunate to have one, this is when you will legally have the chance to withdraw of the sale. You may have to forfeit some or all of your deposit at this time, and again this is where professional legal advice before you sign anything becomes vital.\n\n\nThe actual construction time will vary across different developments, from as short as 12-months to as long as four-years. There is no set time. Your sales and purchase agreement should state the date on which the development will be completed, and provide details of any penalties for failing to meet this date. In some countries construction delay penalties are enshrined in law regardless of whether they form part of your agreement.\n\n\nWhat are the benefits of buying off-plan?\n\n\nMany first-time buyers and investors are often short of cash, so buying off-plan allows them more time to acquire the funds to complete the purchase. When signing the contract, you are agreeing to a specific price. Usually the market will have grown before completion and creating capital growth. This is not guaranteed, though.\n\n\nOff-plan properties can sometimes be customised to the needs of the individual buyer. Naturally you may have the widest choice of available units in a development, but you may also be able to choose the type of finish, appliances and furnishings. Every development is different.\n\n\nWhat are the risks of buying off-plan?\n\n\nThis is where your professional, independent legal advice will be worth the investment. Completion of any project is not guaranteed and there is a chance that the project could fall through for a whole host of reasons. Do your due diligence on the developer, get your lawyer to do the same and check for things such as previous successful developments. Visit them and ask to speak to owners. They will often tell you of any issues.\n\n\nThe resulting unit may often be different to the original plan. Developers often reserve the right to make changes where necessary but significant changes may not be permitted without your agreement, depending on the developer and country.\n\n\nOf course there is also the chance the real estate market could decline, meaning you will be paying above market price upon completion. This can have serious implications because if the bank valuation is lower than you anticipated, you might struggle to obtain the mortgage you were expecting. It is also difficult to measure the resale value of off-plan properties, especially in areas that have been identified as hotspots or are seeing significant developments. It\u2019s important to view the entire area around your chosen purchase, and see what other options may be on offer.\n\n\nAt \nDot Property Group\n we cannot stress the importance of independent legal advice and thorough due diligence when buying off-plan, not matter where in the world you are and how much you trust you own instincts or the words of the sales person.\n\n"} {"url": "https://www.dotproperty.com.my/blog/buying-property-your-checklist", "title": "Buying property: Your checklist", "body": "\n\n\n\nThe vast majority of buyers and investors will enjoy a hassle-free experience when buying property, but it is always worth keeping a note of some basic, common-sense tips when embarking on a transaction.\n\n\nDo not assume laws are the same everywhere. if you are purchasing a property in new, unfamiliar country it is even more important to take independent legal and tax advice, and follow some or all of these tips we have provided for you.\n\n\nStrategy\n: Decide from day one what you want from your investment. Are you looking for a second home, capital appreciation or rental returns? The answer to that question alone should determine the location and type of property to focus on. Work out a time frame, and a strategy for a quick exit should the need arise. Remember that you may be liable for a sizeable loss if you need to sell in a hurry.\n\n\nAct Early\n: Remember the phrase: \u201cThe early bird catches the worm.\u201c When it comes to property investment it is almost always true. Moving fast and being first in line at a new development will also allow you to take advantage of the best units at the best prices. In many locations you will find that prices can rise by anything up to 30 percent between buying off-plan and completion.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBuy Wisely\n: Check the status of your purchase. Can you buy freehold condominiums in your own name, or can they only be leasehold? Can you purchase landed property legally? Does a property purchase entitle you to a long-stay visa? Who can you sell to? These are all questions that any well informed property buyer and investor needs to answer.\n\n\nSize Does Matter\n: Buy the biggest unit you can afford but do not extend yourself financially. Buying bigger in most locations will generally mean a better return from long-term rentals versus short-term holiday lets, if rental returns are you goal. Your independent real estate agent will be able to tell you what types of units are in demand in your chosen location.\n\n\nAvoid oversupply\n: If renting is your strategy, avoid high-density developments. You could be competing with thousands of investors with the same strategy and goal. You will need to spend more on interior decoration and furnishing your unit to make it stand out to tenants. Always remember to think like potential tenants. What will they want from your property?\n\n\nMaintenance\n: Check for any fees. Generally, you will get what you pay for. What might seem a good, low maintenance deal may equal a shabby, hard-to-sell unit in five years\u2019 time.\n\n\nUnexpected fees\n: Check who will pay for what throughout the entire buying process, and beyond. It will vary from country to country and may not the same as your own country. Fees may also be open to a small amount of negotiation, but be careful with this as it could be considered illegal in some jurisdictions. Know what taxes may be payable before you sign anything and seek professional, independent legal and tax advice. Read, and most importantly, understand the sales contract before you sign. If you have any doubts, question the real estate agent of the developer, and if you have any doubts whatsoever do not sign.\n\n\nRental Guarantees\n: Guaranteed returns do offer a degree of peace of mind for first-time investors but check the financial stability history of who is offering the guarantee? Do you really need one? A good property in a good location will achieve a good rental return. If you opt for guaranteed returns you should ask what levels are to be expected after and guarantee period expires? Talk to real estate agents and property owners to get the facts for when the guarantee expires.\n\n\nFinance\n: In some countries it is almost impossible to get finance as a foreigner so if you have cash you are in a stronger position. Check if your chosen developer is offering developer finance, but also check how that compares to local interest rates. Often they can be double or triple.\n\n\nUse a lawyer\n: Would you buy property in your own country without a lawyer? This is such an important point in the buying process. Your lawyer will do due diligence on your behalf and ensure you understand everything before signing the contract. Use a lawyer who is an expert in the country you will purchase in, and also understands property law. This will be a very small price to pay for peace of mind.\n\n\nUse a professional agent\n: Remember that real estate agents have a job to do \u2013 and that is to sell property \u2013 but the best ones will give you their own advice on what you should be buying \u2013 not just what they\u2019re selling. They will also make you aware of any developments or developers who are best to avoid.\n\n\n\u00a0\n\n\nIf you have any additional tips we would love to share them with our readers. Email our Group Editor or leave a comment along with this column.\n\n"} {"url": "https://www.dotproperty.com.my/blog/buying-spanish-real-estate-offers-golden-visa", "title": "Buying Spanish real estate a golden investment", "body": "\n\n\n\nSpain is popular place to live. The country has some of the best art museums, beaches and food in the world. And that\u2019s only a start. The country is one of the most diverse in Europe with renowned schools and affordable healthcare among the top reasons buying Spanish real estate is popular for those looking to move to Europe.\n\n\nAnd it is not just those seeking a little slice of Spanish living buying property in the country. Buoyed by strong returns and a promising economic situation, investors see Spain as an attractive place to purchase real estate.\n\n\nJesus Hernandez, Managing Director at\u00a0\nZhiyeSpain\n, has helped buyers from China find their dream home in Madrid and Barcelona. The company is now looking to expand its efforts to Malaysia and Southeast Asia. Buyers in the region have normally looked to Australia or the UK when considering an international property investment, but Hernandez believes buying Spanish real estate is an affordable alternative.\n\n\n\u201cSpain\u2019s Golden Visa programme has proven to be popular with Asian buyers as it has given them a chance to live, study and work in Spain. It also allows them to travel freely in the EU, something that is not so easy with a Chinese or Malaysian passport,\u201d Hernandez stated.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nLiving the Spanish life\n\n\nSome people buying Spanish real estate are end users while others see it as an investment. Those in the former category are attracted to the country for a number of reasons. Among these is the opportunity to\u00a0enroll\u00a0their children in the country\u2019s highly regarded education system.\n\n\nInternational schools in Spain can be cheaper than in places like China and Thailand. The education also is better in many cases. Schools offer classes in both English and Spanish meaning language won\u2019t be an issue.\n\n\n\u201cSpanish is a language spoken by more than 500 million people worldwide. It is the official language of more than 20 countries. In Asia, Spanish is a language that isn\u2019t promoted as much despite the fact it is one of the six official languages of the United Nations,\u201d Hernandez pointed out. \u201cA lot of families who move to Spain from Asia are able to introduce their children to Spanish, English and their native language. This can be quite beneficial when applying for university. It also opens up more doors professionally.\u201d\n\n\nIn terms of higher education, Spain boasts some of the best universities in the world. The country has three MBA programmes, Iese Business School, IE Business School and Esade Business School, ranked in\u00a0\nthe global top 20 by the Financial Times\n.\n\n\nOf course, Spain has a lot more to offer than a great educational system. Healthcare, diversity and culture are among the reasons property buyers from Asia choose to relocate to cities like Madrid or Barcelona.\n\n\n\u201cSpain has a great quality of life that is also affordable. It offers a relaxed environment and is a very diverse country,\u201d Hernandez said. \u201cIt\u2019s geographically diverse with mountains, beaches and plenty of parks. Spain has one of the largest Chinese populations in all of Europe and is very welcoming of all cultures. Diversity can be found all around the country in many forms.\u201d\n\n\n\n\nImpressive ROI another reason to consider buying Spanish real estate\n\n\nSome buyers from Asia choose Spain for the lifestyle. Investors on the other hand see the country\u2019s real estate market as one brimming with potential. Of all of the countries with \u201cGolden Visa\u201d schemes, Spain is the most developed and its economy has rebounded in the past few years. In 2016, it was first in the EU for GPD growth and the situation continues to look promising.\n\n\n\u201cWe at ZhiyeSpain are able to guarantee investors who purchase a property from us a guaranteed return of four to seven percent for a set time period, which is quite good,\u201d Hernandez said. \u201cWe offer a number of different products to investors to ensure they are able to get the most from their purchase.\u201d\n\n\nGetting the visa after buying a property\n\n\nOnce you purchase a Spanish property, the process to obtain the visa is actually quite simple, Hernandez explains. You are required to buy a property valued at EUR 500,000 or above. If the property costs more than that amount, you will be required to make a deposit of at least EUR 500,000. After you have passed the vetting process and the money has been received, you will get a one-year investor visa.\n\n\nIn order to receive a temporary residence card, you\u2019ll need to go to Spain once to have a fingerprint scan. Once that has been completed, you will get the card. If you want to receive a long-term residence card, you\u2019ll need to live at the property for four years and two months within a five-year period before applying for it.\n\n\nInvestors who do not live in the unit they buy are unable to obtain a long-term residence permit. However, they are eligible to renew their temporary, one-year residence permit as long as they own the property.\n\n\nZhiyeSpain has helped buyers from China and throughout Asia find a home in Spain that meets their needs, regardless of if they are looking for a place to live or a European property for investment purposes.\n\n\n\u201cWe have local knowledge of the market and share this openly with our clients who are buying Spanish real estate. This is important as they aren\u2019t likely to know Spain all that well,\u201d Hernandez said. \u201cWe also have experience working with both those considering relocation and investors seeking to diversify their portfolio. This means we have the ability to offer insights on all matters.\u201d\n\n\nFor more information, please visit\u00a0\nZhiyeSpain\n\n"} {"url": "https://www.dotproperty.com.my/blog/call-to-cut-corruption", "title": "Call to cut corruption", "body": "\n\n\n\nAnti-corruption organisation Global Witness has said that an area of British land more than three times the size of Greater London is now allegedly owned by secret companies in offshore jurisdictions like the British Virgin Islands.\n\n\nGlobal Witness reported on data that was leaked to magazine \nPrivate Eye\n, and said the veil of secrecy makes it impossible to identify who actually owns this land and whether it was bought with clean money.\n\n\nThis, it said, leaves the U.K.\u2019s housing market wide open to abuse by corrupt politicians, tax evaders, money launderers and other criminals.\n\n\nThe findings come as the effectiveness of the U.K. government\u2019s proposals to crack down on tax haven secrecy in the wake of the \u201cPanama Papers\u201d is being questioned.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cIf the owners of property in the U.K. are hidden behind secret companies registered offshore, it\u2019s impossible to know who they are and where they got their money,\u201d said Chido Dunn of Global Witness.\n\n\n\u201cWe don\u2019t want dictators, tax evaders and other criminals using the British property market and banks to stash their loot and launder their cash \u2013 it\u2019s bad for the economy, it\u2019s bad for security and it\u2019s bad for house prices,\u201d\n\n\nThe value of U.K. property owned offshore is estimated to be more than \u00a3170 billion, and much of it is owned through companies in U.K. tax havens.\n\n\nLast year Global Witness revealed that big chunks of Baker Street are owned through offshore companies by a mysterious figure with close ties to a former Kazakh secret police chief accused of murder and money-laundering. Following this, the Prime Minister announced that he would consult on ways to make the U.K.\u2019s property market more transparent to stop the dirty money from pouring in.\n\n\nGlobal Witness is calling for the U.K. government to announce concrete measures at the U.K.\u2019s Anti-Corruption Summit on 12 May that will:\n\n\n\n\nCreate a public register of beneficial ownership for foreign companies that purchase land or property in England and Wales;\n\n\nEnsure that this register encompasses properties currently owned by foreign companies (estimated at \u00a3 170 billion worth), along with new purchases; and\n\n\nEnsure that this register is properly implemented and enforced.\n\n\n\n\nWhile the government has shown leadership by putting these issues on the agenda, the proof will be in the implementation of any measures announced at the summit.\n\n\nThe Panama Papers have also revealed the role that U.K.-linked tax havens, such as the British Virgin Islands, play in facilitating corruption and money laundering. Over half of the anonymously owned companies listed in the Panama Papers were set up in the U.K.\u2019s tax havens, or \u201cOverseas Territories.\u201d\n\n\nGlobal Witness said the U.K. has the power to address one of the root causes of offshore secrecy by requiring the Overseas Territories to create public registers of the real owners of companies registered there, as is happening in U.K. itself.\n\n\nThis, it added, would make it much harder for the world\u2019s criminal and corrupt to hide their money there, and mark a huge step towards the global standard of transparency that U.K. Prime Minister David Cameron has said he wants to see.\n\n\nThe Prime Minister has said that he wants to see the Overseas Territories create full public registries of company owners. But so far, they have only agreed to set up private registries which are accessible to U.K. law enforcement.\n\n\nGiven the scale of the criminality revealed by the Panama Papers and previous work by Global Witness, U.K. law enforcement won\u2019t have the resources to stem the tide of suspect funds. To deter those with something to hide, this information needs to be available to a much wider pool of people, including civil society, journalists and the public.\n\n\nGlobal Witness concluded: \u201cIf we want to break our links to terror financing, dodgy dictators and other criminals we have to address the role the U.K.\u2019s Overseas Territories play by creating public registries of company owners, like we\u2019re getting in the U.K.\n\n\n\u201cThe measures announced so far, such as private registers, won\u2019t cut it. As things stand it will be a question of when, not if, the next great corruption scandal hits the U.K. tax havens.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/calls-protect-green-space", "title": "Calls to protect green space", "body": "\n\n\n\nEnvironmentalist wants action to be taken to protect the country\u2019s green spaces.\n\n\nEnvironment and sustainability are hot topics. Homes and offices are increasingly being built with green credentials. We are becoming more conscious of the world around us. Encouraged to recycle and reuse to minimise waste. Plus take advantage of the world\u2019s natural qualities to generate electricity such as through solar panels.\n\n\nNow developers are being called upon to become more concerned about the environment, and not just by reducing carbon footprints. Something that is common in the western world where areas are naturally preserved not to be built on. An environmentalist in Malaysia has said that any development on either public or green spaces should include a proposal to advise of any negative influences on the surrounding environment.\n\n\nAnthony Tan Kee Huat, executive director at the Centre for Environment, Technology and Development Malaysia, has commented that being eco-friendly is not enough. He believes that the focus needs to shift from humans demands to how development can influence existing nature.\n\n\nHe commented,\u00a0\u201cWe have to weigh the cost of ecology. Unfortunately, the ringgit sign weighs more than nature does\u2026 If they plan to build on green spaces, they should consider allocating a new green space for pre-existing animals and ensure that it is the same as the previous green space that they took.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOne such example is\u00a0Bukit Kiara Park. Dubbed as Kuala Lumpur\u2019s version of New York\u2019s Central Park or even London\u2019s Hyde Park, this expanse of 188 hectares includes jogging tracks, camping areas, places to cycle and picnic amongst a whole host of other activities. Parts of which have been sold off to developers. Resulting in the public parks at risk as nature is disturbed. Subsequently reducing space for people to enjoy.\n\n\nTan is wary of selling off this type of land to developers. He feels that there have been other similar cases that have resulted in the project not being finished but the environment already having been damaged. He therefore feels that there should be a focus on redeveloping older buildings rather than starting from afresh. A practice that is common across the west and something that Tan says should be adopted in Malaysia.\n\n"} {"url": "https://www.dotproperty.com.my/blog/can-expect-phuket-rental-returns", "title": "What can you expect from Phuket rental returns?", "body": "\n\nRental returns are what most people are after these days when buying Phuket property. In fact, CBRE found that 90 percent of the condo units sold in the first half of 2019 were investment-oriented properties. The developments offered either a rental management program or rental yield guarantee.\n\n\nIt is a similar story when it comes to the villa market as well. In the same CBRE report, new villa sales were dominated by investors who wanted rental income. Villas priced below THB35 million were the most popular, accounting for 81 percent of all villa sold during the first six months of 2019.\n\n\nNow that we understand buyers are \nbuying Phuket property\n for the return on investment, the question then shifts to, \u201cHow much are they making?\u201d\n\n\nUnfortunately, the picture is a bit murky. And since there aren\u2019t any reporting requirements for rental income, finding out is not easy. We know what the guaranteed returns (more on that in the next section) of many Phuket projects are. But we can only estimate beyond that.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThere have been no reports of rental yields cratering at those investment-oriented developments once they are operational, and this is a good sign. Tourism to Phuket has been so strong that it\u2019s almost impossible for a property with a rental management program in place to lose money without some gross mismanagement occurring.\n\n\nThat being said, we are now entering uncharted terrorist with the spread of coronavirus. Chinese arrivals to Phuket have stopped entirely and less people are traveling to Phuket on the whole. If the situation continues for an extended period of time, Phuket rental returns could take a serious hit.\n\n\nPhuket rental returns for long term properties\n\n\nTurning our attention to traditional condo unit and villa properties, your Phuket rental returns will be dictated by two factors: location and finding tenants. Attracting longer-term tenants to a Phuket condo unit can be a slog, but if you do, getting a 5 percent return on investment is likely. You can try and go the Airbnb route as well, but it does come with some risks.\n\n\nVilla rental returns tend to top out at 10 percent after you factor in property management costs and other fees. This is assuming you have a well-designed villa in an in-demand location. If you have an old villa with ugly furniture in the middle of nowhere, well don\u2019t expect anyone to pay money for the privilege of staying there.\n\n\nThat being said, there will always be demand from families and large groups for \nvillas in Phuket\n and they are far easier to rent out than condo units. Even smaller residences in hillside locations away from the beach can draw in 5 percent rental returns assuming the property isn\u2019t a total dump.\n\n"} {"url": "https://www.dotproperty.com.my/blog/can-foreigners-freehold-property-in-asia", "title": "Where can foreigners own freehold property in Asia?", "body": "\n\n\n\n\n\n\n\n\n\nForeigners looking to own freehold property in Asia have several options at their disposal. As you would expect on such a diverse continent, rules and regulation do vary quite a bit. In some countries, you are limited by property type while other places have restrictions on locations and prices.\n\n\nThe good news is that most places that allow foreigners to own freehold property in Asia have fairly transparent processes in place. There will be a language barrier in some countries but that is hurdle any local property professional can help you overcome.\n\n\nBefore we explore where foreigners can own freehold property in Asia, let\u2019s take a look at some of the countries that only provide leasehold ownership to non-resident real estate buyers.\n\n\nNotable countries with leasehold-only systems for non-resident property buyers:\n\n\n\n\nChina\n\n\nHong Kong\n\n\nIndonesia\n\n\nMaldives\n\n\nMongolia\n\n\n\n\nIt is possible for a foreigner to buy leasehold property in China; however, you need to meet several qualifications. Similarly, all land in Hong Kong is leasehold, meaning no freehold property ownership for anyone. Indonesia has fairly robust leasehold real estate ownership structures available to non-resident buyers which support the popular markets of Bali and Lombok.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThat being said, some people just don\u2019t feel comfortable with the limitations of a leasehold ownership agreement. Foreigners wanting to own freehold property in Asia can turn their attention to these locations.\n\n\n12 places where foreigners can own freehold property in Asia\n\n\nThailand\n\n\nType:\n Condominium\n\n\nRestrictions:\n No more than 49% of a single building\n\n\nFreehold condominiums in Thailand\u2019s resort areas, such as Pattaya, are popular with overseas buyers\n\n\nNon-residents looking to own property in \nThailand\n are limited to condominium units. Additionally, foreigners may not own more than 49 percent of a single building. This has done little to dampen overseas interest in Thai real estate during the past decade.\n\n\nThose wanting to purchase villas or detached housing can do so on leasehold terms\n. It is also possible to purchase the property through a company registered in Thailand, but that isn\u2019t always recommended.\n\n\nThe Philippines\n\n\nType:\n Condominium\n\n\nRestrictions:\n No more than 40% of a single building\n\n\nThe Philippines\n gives foreigners the opportunity to own condominium units on a freehold basis. However, non-resident buyers cannot own more than 40 percent of a single building. Local developers are quite skilled at assisting overseas clients with several having in-house departments catering to this demand.\n\n\nRelated:\n \n4 things to know about condo investment in the Philippines\n\n\nVietnam\n\n\nType:\n Residential\n\n\nRestrictions:\n Must be married to a Vietnamese national\n\n\nIt is possible for a non-resident to own freehold property in Vietnam, but he/she must be married to a Vietnamese national. Leasehold terms in the country are a bit restrictive as well with no more than 30 percent of a government approved building allowed to be owned by foreigners. \nDevelopers in the country continue to urge the government to relax regulations\n and allow for more non-resident property ownership.\n\n\nMalaysia\n\n\nType:\n Condominium, House, Land, Building\n\n\nRestrictions:\n Some price and type limitations. Varies by state\n\n\nMalaysia is very friendly when it comes to foreigners owning freehold property. However, the country does not have one blanket set of regulations. Instead, states have different restrictions in place. For example, a non-resident can only own a property priced at MYR600,000 (USD145,000) or above in Kuala Lumpur, but in \nPenang the price floor is MYR800,000 (USD193,000)\n.\n\n\nThe government has made a few types of property, including low-cost housing and agricultural land, off-limits to foreigners and these restrictions cover all of Malaysia.\n\n\nSouth Korea\n\n\nType:\n Condominium, House, Land, Building\n\n\nRestrictions:\n Some locations are limited when it comes to buying land\n\n\nProperty in cultural property protection zones are one of the only things non-residents can\u2019t buy in South Korea\n\n\nIt has been more than 20 years since the South Korean government deregulated the real estate market and opened it up for foreign ownership. \nThese days non-residents buying South Korean property can acquire apartments, houses, entire buildings and land making it one of the most open countries in Asia\n.\n\n\nThe only thing you can\u2019t buy in South Korea is land in military installation reservations, cultural property protection zones or ecosystem reservation districts.\n\n\nJapan\n\n\nType:\n Condominium, House, Land, Building\n\n\nRestrictions:\n None\n\n\nAll property types in Japan are open to foreign, freehold ownership. This includes land and even skyscrapers if you were so inclined. Your name will even be shown on the title deed which is an added benefit. That being said, the buying process requires help from a local expert since everything is conducted in Japanese.\n\n\n\u201cThe biggest thing deterring people from buying Japanese real estate is the language barrier,\u201d \nSato Tsutomu, Managing Director of HJ Real Estate, explained\n. \u201cIt can cause some complications in the process, but it is easy to overcome with the help of an expert.\u201d\n\n\nTaiwan\n\n\nType:\n Condominium, House, Land, Building\n\n\nRestrictions:\n Ownership is limited to citizens of countries with reciprocal rights\n\n\nOnly residents of 42 states in America can own freehold real estate in Taiwan\n\n\nForeigners may own freehold property, including land, in Taiwan so long as they are a resident of a country on \nthis list\n. The reciprocal rights list of property ownership is somewhat quirky. Case in point, residents of only 42 states in the USA are eligible to own freehold real estate in Taiwan. Those living in Mississippi, South Carolina or West Virginia are out of luck.\n\n\nSingapore\n\n\nType:\n Private Apartment, Some Commercial & Industrial Property\n\n\nRestrictions:\n Depends on property type\n\n\nWhen it comes to freehold, foreign property ownership, \nSingapore\n is highly transparent. That being said, there are also far more regulations here than elsewhere in Asia. Your best bet is to look for properties marketing themselves as freehold and open to non-resident ownership. Apart from that, the classification system, especially as it relates to public housing, can be a bit tricky to navigate.\n\n\nCambodia\n\n\nType:\n Condominium\n\n\nRestrictions:\n No more than 70% of a single building. Unit can\u2019t be on the ground level\n\n\nCambodia began offering freehold ownership to foreigners in 2010\n\n\nCambodia\n first approved foreign freehold ownership of condominium units in 2010, although take up has remained limited. There have been a few projects in Phnom Penh that drew overseas interest while Sihanoukville has been popular among Chinese investors. The one unique regulation is that non-residents cannot own a unit on the ground floor of a Cambodian condominium building since that would be considered owning land.\n\n\nOman\n\n\nType:\n Residential\n\n\nRestrictions:\n Limited to select locations\n\n\nA limited number of freehold residential properties inside tourism complexes, such as Al Mouj, Jabal Sifah, Hawana Salalah and Muscat Bay, can be purchased by foreigners. Those units are attached to a residency program. Last year, the Ministry of Housing and Urban Planning launched another scheme that saw 5,000 units made available to non-residents on a freehold basis.\n\n\nBahrain\n\n\nNon-residents can buy freehold property in Bahrain, but locations are restricted\n\n\nType:\n Residential\n\n\nRestrictions:\n Limited to select locations\n\n\nThere are currently 10 areas in Bahrain where non-resident buyers can own real estate on a freehold basis. In most cases, these locations are land that has been reclaimed. Housing types available for ownership is varied.\n\n\nUnited Arab Emirates \n\n\nType:\n Residential\n\n\nRestrictions:\n Varies in each emirate\n\n\nIn the United Arab Emirates, Abu Dhabi has the most straightforward foreign freehold ownership regulations that makes it possible to acquire residential real estate in designated investment zones. Elsewhere, the rules on non-resident freehold ownership are opaque.\n\n\nFreehold property ownership in Asia\n\n\nIt is possible for foreigners to own freehold property in Asia although there are quite a few differences across the continent. What\u2019s more, regulations can change suddenly. Sometimes, as seen in Oman, this can benefit buyers. In other instances, like Maldives approving and then rescinding freehold foreign ownership over the span of four years, it can be troublesome.\n\n\nFinally, this list is a brief overview of where foreigners can own freehold property in Asia. By no means is this a comprehensive guide and you should research the markets more in-depth to learn about local regulations.\n\n"} {"url": "https://www.dotproperty.com.my/blog/can-really-buy-thailand-property-using-cryptocurrency", "title": "Can you really buy Thailand property using cryptocurrency?", "body": "\n\nSeveral developers have announced they are accepting Bitcoin, Ethereum and other digital currencies for units in their projects. But the question remains; can you really buy Thailand property using cryptocurrency? Like many tech-driven services involving new processes, the answer is complicated.\n\n\nLet\u2019s start with an important fact. You can\u2019t legally buy Thailand property using cryptocurrency as a foreigner. \nThis was something confirmed by Sansiri in a recent Bangkok Post article\n. Now, that doesn\u2019t mean the door is entirely closed, but it explains why you aren\u2019t transferring your coins to the developer directly.\n\n\nHomebuilders like \nAnanda\n and Origin are promoting the fact that you can buy Thailand property using cryptocurrency. In reality, this is replacing the process of a wire transfer. All developers accepting digital monies require you to have a wallet on a Thai cryptocurrency exchange, such as Bitkub.\n\n\nThat\u2019s because they can\u2019t legally accept Bitcoin and the like for purchases. Homebuilders simply need a way to convert cryptocurrency to Baht which is only possible via one of the local exchanges. At this stage, that process varies among developers.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSome require you to convert the cryptocurrency into cash which you can then transfer to them. Others will allow you to transfer it to their wallet where they handle the conversion. Either way, cash is still used to complete the transaction.\n\n\nThis doesn\u2019t mean you should dismiss the process entirely. But you are looking at various fees which may reduce the savings versus a traditional wire transfer. This is especially true if you aren\u2019t already using cryptocurrency and will need to acquire that as well.\n\n\nThe main benefits of buying Thailand property using cryptocurrency are obviously related to time savings. Everything can be done from your phone or laptop and is completed in a matter of hours, not day.\n\n\nRelated:\n \nWhere can foreigners own freehold property in Asia?\n\n\nShould you buy Thailand property using cryptocurrency?\n\n\nSeeing as the process to buy \nThailand property\n using cryptocurrency is more of a glorified wire transfer than anything else, the risks aren\u2019t particularly high. Developers are only working with exchanges licensed by the Ministry of Finance, so there is no concern that these firms are going to be shutdown.\n\n\nIf you are familiar with using digital currencies and using multiple exchanges, then you can buy Thailand property using cryptocurrency confidently. On the other hand, if you are looking to jump into the Bitcoin pool to save some money, do the math before getting started.\n\n\nLike most new digital services in Thailand, the process needs more time to grow and become streamlined. There will eventually be a day when you can actually buy Thailand property using cryptocurrency. At the moment though, it\u2019s nothing more than a money transfer method no matter what developers say otherwise.\n\n\nRead More:\n\u00a0\n3 key questions facing the Thailand property market in 2021\n\n"} {"url": "https://www.dotproperty.com.my/blog/canberra-more-overseas-investment", "title": "Canberra: More overseas investment", "body": "\n\n\n\nPositive economic signs from Australia\u2019s capital city are expected to help underlying market fundamentals, as\u00a0Canberra\u2019s commercial property sector is expected to attract an increasing levels of offshore attention from investors during 2016.\n\n\nAccording to Knight Frank\u2019s Associate Director, Institutional Sales, Canberra, Nic Purdue, there are numerous signs that point to a stronger market and more diversified attention on the capital city this year.\n\n\nHe said: \u201cRecent positive economic signs in Canberra are expected to help underlying market fundamentals. This includes a far more stable vacancy rate, stable incentives and forecast rental growth \u2013 all signs that the Canberra commercial market has reached the lowest end of its cycle.\u201d\n\n\nPurdue added that investors from Asia are looking increasingly towards the Canberra market due to its secure, long-term government tenants.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cThe current wave of Asian capital is looking to diversify away from Australia\u2019s core markets and into higher-yielding regions, such as Canberra,\u201d he said.\n\n\n\u201cWith some volatility in global markets, Canberra is increasingly being considered as a safe haven within the context of the wider Australian market place. Australia remains attractive for offshore investors who are drawn by the low Australian dollar, cost-effective borrowing and government stability, and should the global volatility continue there will be a case for the RBA to keep rates on hold, adding to the attractiveness of Canberra as a market.\n\n\n\u201cWe are already receiving increased interest from Asian countries including Korea, Singapore and Malaysia. In December Korea\u2019s FG Asset Management purchased the Louisa Lawson Building for approx. AUD$ 225 million, and we anticipate that this significant transaction will lead to more interest from these groups in 2016.\u201d\n\n\nPurdue said that Canberra hasn\u2019t yet seen the influx of Chinese investors in the commercial market, although the residential market has seen plenty of interest.\n\n\nHotel buyers from Asia are seriously considering Canberra at the moment and actively seeking opportunities, he said.\n\n\n\u201cIn addition to interest in the commercial office sector, we have recently received several enquiries for hotels in Canberra on behalf of Asian hotel groups. We expect this interest to continue.\u201d\n\n\nA final factor that may have a positive impact on the flow of Asian investment into Canberra, according to Purdue, is the potential upcoming announcement by Singapore Airlines that they may look at initiating direct flights between Canberra and Asia.\n\n\n\u201cAs reported over the past week, if Singapore Airlines does create a direct flight between Canberra and Asia, this will continue to build the case as an investment destination for Asian investors,\u201d he concluded.\n\n"} {"url": "https://www.dotproperty.com.my/blog/capitaland-sales-china-tells-us-potential-property-market-recovery", "title": "What does CapitaLand\u2019s sales in China tell us about a potential property market recovery?", "body": "\n\nA CapitaLand residential project in Xi'an sold out in four days after the COVID-19 restrictions were lifted\n\n\nProperty professionals across Southeast Asia are anxious to get back to business as normal. When exactly that will be is still uncertain, but we can look to China to see what a potential property market recovery in the region would look like.\n\n\nAcross the mainland, malls and offices have reopened as life resumes. Property sales offices have reported an uptick of action as property buyers look to take advantage of discounts or finalize transactions which began before or during the country\u2019s lockdown. The early returns are promising for those hoping to see a rapid property market recovery in Southeast Asia.\n\n\nSee more:\n \nExperts bullish on a Philippine property market rebound\n\n\nAccording to the Straits Times, Singapore-based CapitaLand recorded residential sales of CNY1.3 billion (USD 184.5 million) in March. The firm\u2019s Chinese arm began reopening sales offices throughout the month and is now operating at full capacity. The March sales total was 5.5 times greater than the homebuilder\u2019s sales in January and February combined.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe developer, which is also active in Vietnam in addition to China and its home base of Singapore, has resumed work on nearly all of its unfinished projects and is now focused on meeting annual sales and handover targets. CapitaLand believes demand from residential real estate didn\u2019t change due to COVID-19 and this will power the property market through 2020 and beyond.\n\n\nCapitaLand Group China President Lucas Loh told the newspaper\n the main change between the start of the COVID-19 shutdown and now is that Chinese property buyers are more discerning. He also noted that transactions at the company\u2019s projects in China have been healthy since the reopening of sales offices. This show a sustained underlying demand for new homes.\n\n\nAt the end of March, CapitaLand sold all 288 units at a township in Xi\u2019an within four days of the project\u2019s launch. The total gross sales value was CNY405 million (USD64 million). There were also strong sales at projects in Shanghai and Guangzhou with the company expecting more property buyers in the coming months.\n\n\nFor property professionals in Southeast Asia, this could be an indication of what to expect in areas where demand was strong prior to the COVID-19 outbreak. At the moment, those working in real estate should remain in contact with clients waiting for the situation to pass and prepare themselves for an influx of business once the situation has improved.\n\n"} {"url": "https://www.dotproperty.com.my/blog/cars-gems-beat-property", "title": "Cars, gems beat property", "body": "\n\n\n\nLuxury investments have broken more price records during 2015, with art and cars driving double-digit growth and outperforming London residential property investments.\n\n\nDuring the 12 months to the end of September the value of the Knight Frank Luxury Investment Index (KFLII) rose by 10 percent. This compares with an 8 percent drop in the value of the London Stock Exchange 100 equities Index and a rise of only 1 percent for the top end of the London residential property market.\n\n\nBut the headline figure masks a mixed performance by the 10 asset classes in the KFLII. Classic cars (+18 percent) continue to top the league, but art was a close second \u2013 up 15 percent. Just behind wine on 7 percent as many Bordeaux vintages have now returned to a period of growth after prices slumped during 2011, said Nick Martin of Wine Owners.\n\n\nJewellery rose 5 percent, outperforming both prime London residential property and equities. Furniture was the only asset to record negative growth with a further 12-month drop of 6 percent.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nA slew of stellar auction results throughout the year has kept luxury investments firmly in the media spotlight. Even furniture secured a new high for a living maker when a Marc Newson Lockheed Lounge sofa was sold in April for \u00a3 2.4 million by Phillips.\n\n\nAlthough no classic car has managed to beat the record set by Bonhams last year when it auctioned a 1962 Ferrari 250 GTO Berlinetta for US$ 38 million, eight of the 25 cars ever to have sold for more than US$ 10 million at auction went under the hammer in 2015. These included all-time highs for Jaguar (US $13.2 million), Porsche (US$ 10.1 million) and, interestingly because of its youth, McLaren (US$ 13.75 million).\n\n\nStrong demand for coloured stones helped Bonhams set a new per-carat record for a spinel, when it sold the 50-carat Hope Spinel brooch for \u00a3962,500 in September.The short-term growth of coloured\u00a0 diamond prices has been more muted. This is due to a lull in Chinese buyer activity, said Oren Schneider, co-founder of Adama Partners, a New York venture firm, and member of the board of advisors to the Fancy Color Research Foundation.\n\n\nBut a Hong Kong-based billionaire still set the all-time record for a gem or piece of jewellery when he bid US$ 48.4 million for the Blue Moon, a rare fancy vivid blue diamond auctioned by Sotheby\u2019s Geneva during November. The day before he paid US$ 28.5 million for a vivid pink diamond sold by Christie\u2019s.\n\n\nAlthough Knight Frank does not include white diamonds in KFLII, larger stones have shown 5 percent annual growth over the past six years\n\n\n\u201cDiamonds, especially larger and rarer ones, could represent a viable means for wealth preservation owing to their increasing rarity and to their low correlation in prices with other assets.\u201d said Ehud Laniado, principal of diamond pricing consultancy Mercury Diamond.\n\n\nContemporary and modern artists have performed particularly strongly, with Picasso\u2019s The Women of Algiers setting an all-time auction high of US$ 179 million with Christie\u2019s in May. Many other artists, including Modigliani (US$ 170 million) and Twombly (US$ 70.5 million) also scored personal bests.\n\n\nHowever, Celine Fressart of art advisory business 1858 Ltd, said the market is less robust than the headline results would suggest, with a relatively high number of auction lots remaining unsold at many sales.\n\n\n\u201cWorks that are fresh to the market will continue to achieve top prices, but things that have sold more recently won\u2019t attract as much interest.\n\n\n\u201cOur clients are becoming more careful and more interested in the more affordable middle markets.\u201d\n\n\nRalph Taylor, Head of Post-War and Contemporary Art at Bonhams, agreed that there can be an imbalance between quality and price. He says less known, but highly influential artists, such as Adolf Luther of the Zero movement, and Italy\u2019s Lucio Fontana, offer real opportunities for the connoisseur.\n\n\nThe Knight Frank Luxury Investment Index (KFLII) tracks the performance of a theoretical basket of selected collectable asset classes using existing third-party indices. Each asset class is weighted to reflect its relative importance and value within the basket. The third-party indices selected are widely used by the media and analysts to track the performance of each asset class.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/casa-marina-premium-one-vietnams-impressive-tourism-developments", "title": "Casa Marina Premium is one of Vietnam\u2019s most impressive tourism developments", "body": "\n\nDemand for tourism-focused residential developments in Vietnam has increased during the past few years. Investors are keen to tap into a growing tourism market while also having a holiday home in one of the country\u2019s picturesque destinations. In this segment, Casa Marina Premium from BCG Land just might be the most impressive development to hit the market.\n\n\nThe ambitious project won Best Resort Villa and Tourism Development at the Dot Property Vietnam Awards 2020. Casa Marina Premium contains a mixture of villas and apartments that will be operated by the popular Radisson hotel brand. It is part of BCG Land\u2019s Casa Marina Resort which has been an extremely successful project to date. Occupancy rates throughout the first phase are routinely at 100 percent during weekends and more than 70 percent during the week.\n\n\nCasa Marina Premium can be found in Binh Dinh, a land of martial arts and culture that is also known for beautiful scenery and picturesque beaches. The region is an emerging destination that remains relatively pristine with unique natural features, such as rugged mountains and blue waters, attracting visitors.\n\n\nDeveloper BCG Land was inspired by both this natural beauty and the region\u2019s unique cultural heritage when designing Casa Maria Premium. The end result was a masterpiece that is truly worthy of such a wonderful location. The mountainous resort boasts villas facing the sea and each one offers a spectacular view of Quy Nhon Bay.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCasa Marina Premium won Best Resort Villa and Tourism Development at the Dot Property Vietnam Awards 2020\n\n\nThere are more than 160 villas at Casa Maria Premium with the residences spread across the surrounding green forest. Each villa possesses a stunning sea view that provides a peaceful living experience not found elsewhere in Vietnam. Design throughout the resort utilizes feng shui principles while modern elements ensure unmatched convenience.\n\n\nHowever, the resort offers villa owners more than simply a wonderful experience. It is an outstanding investment as well. In addition to being able to stay at the property 15 nights per year, a guaranteed rental return has also been put in place by the developer. The end result is a smart investment where you can enjoy the best life has to offer.\n\n\nConstruction of Casa Maria Premium started in October of 2020 with villas to be handed over to owners in 2022 or 2023.\n\n\nAbout BCG Land\n\n\nBCG Land develops its projects with the noble aim of elevating the country\u2019s property market while simultaneously building sustainable values that can be carried on by future generations. The firm looks for ways to incorporate renewable energy and environmentally friendly materials at all of its projects while minimizing the impact on ecosystems. BCG Land was named Best Sustainable Developer at the Dot Property Vietnam Awards 2020.\n\n"} {"url": "https://www.dotproperty.com.my/blog/cat-tuong-group-proves-one-vietnams-best-developers", "title": "Cat Tuong Group once again proves it is one of Vietnam\u2019s best developers", "body": "\n\n\n\nBest Community Developer Vietnam 2022\n\n\nBest Sustainable Industrial Development Vietnam 2022 \u2013 AURORA Textile Industrial Park\n\n\nBest Sustainable Landed Development Vietnam 2022 \u2013 Cat Tuong Park House\n\n\n\n\nAhead of 2020, Cat Tuong Group announced that this decade as vital for its business. The firm charted a path to growth as it aimed to elevate the Vietnamese real estate sector. The Dot Property Vietnam Awards 2022 were confirmation that the developer remains well on its way to accomplishing those lofty goals.\n\n\nThis year saw Cat Tuong Group collect three awards, including Best Community Developer Vietnam 2022. That was one of three honors the firm took home. AURORA Textile Industrial Park was presented with Best Sustainable Industrial Development Vietnam 2022 while Cat Tuong Park House was named Best Sustainable Landed Development Vietnam 2022.\n\n\nInterestingly, the developer continues to find success across multiple segments of the property market. Not only is it a leader when it comes to the industrial segment, but its work in terms of landed developments featuring mixed-use components is among the country\u2019s best.\n\n\nBest Community Developer Vietnam 2022\n\n\nCat Tuong Group has also focused on green developments and sustainability which has helped the firm on its journey to becoming a leading property company.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSuccess at the Dot Property Vietnam Awards 2022 is another triumph for the firm which has recorded several victories over the past few years. At the Dot Property Southeast Asia Awards 2020, Cat Tuong Group was named Breakthrough Developer while Cat Tuong Western Pearl was honored with the award for Best Landed Development. It followed that up by winning Best Developer Southern Vietnam at the Dot Property Vietnam Awards 2021.\n\n\nRead More:\n\u00a0\nDot Property Vietnam Awards 2022 Honors 48 Winners As Resiliency, Recovery and Sustainability Take Center Stage\n\n"} {"url": "https://www.dotproperty.com.my/blog/cave-living-the-answer-to-stress", "title": "Cave living: the answer to stress?", "body": "\n\n\n\nModern life can be stressful: political and financial worries, work-related stress and societal pressure to always be happy, healthy and at the top of your game all add up.\n\n\nAccording to a recent survey, work related stress, depression and anxiety alone were responsible for 9.9 million lost working days in the U.K. during 2014/15. At times the thought of ditching the strains of modern life and hiding out in a cave, hobbit-style, can be rather tempting. And with hundreds of cave houses available in the Spanish sunshine, many people are opting to do just that.\n\n\nMartin Dell, Director of leading Spanish property portal Kyero.com, which lists more than 200,000 homes from 3,000 estate agents, said: \u201cSpain is home to some wonderfully unique and quirky properties and its cave houses are some of the most intriguing. Built into hillsides and mountainsides, often with the rock being painstakingly hollowed out by hand, these homes offer truly individual environments for people looking for a different lifestyle.\u201d\n\n\nCave houses are particularly prevalent in Granada: Kyero.com has hundreds of Granada cave homes listed as available for sale. They range from \u2018unreformed\u2019 cave homes from as little as \u20ac9,000 (essentially a hole in the mountainside, with no utilities) to extensive properties designed for luxurious off-grid living. In Bacor, a split-level cave home of more than 1000 sqm, flooded with natural light and complete with solar power and its own water supply is available for \u20ac475,000.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSean Lummis of Spanish Inland Properties has been selling cave homes for more than a decade. According to Lummis, not every mountain is suited to cave homes, meaning that they tend to crop up in pockets.\n\n\nHe explained: \u201cCave homes tend to be situated on the outskirts of certain dreamy whitewashed Spanish towns and villages because the rock formation. For instance, in Galera the rock type consists of a type of sedimentary sandstone with layers of hard, almost horizontal rock interspaced with much softer layers, which in prehistoric times were dug by hand. The harder rock formed a layer impervious to water and provided the strength needed for a safe, secure roof to the caves.\u201d\n\n\nPiet Quekel of Cuevas-Spain Inmobiliaria has also been specialising in selling cave homes since 2005, having lovingly restored his own cave home, purchased in 2002.\n\n\nHe added: \u201cCave homes are plentiful in the Altiplano de Granada area. It\u2019s a dramatically beautiful place, with big lakes, mountains, woodland and delightful little villages. Cave houses here come in many different shapes and sizes \u2013 their uniqueness is part of their charm. Generally a decent two bedroom cave house can be picked up for \u20ac40,000 to \u20ac60,000, while three bedroom ones range from \u20ac50,000 to \u20ac90,000.\u201d\n\n\nThe delightful three-bedroom cave home at Fuente Nueva is a great example. Available for \u20ac64,000, the traditional style home includes three bedrooms, an office, large family bathroom, living/party room complete with indoor barbecue and separate lounge with wood burning stove. There\u2019s also a spacious courtyard style patio garden with further barbeque and ample room for parking.\n\n\nCave houses were popular homes for Spaniards in the 1950s and 1960s, but as the 1970s progressed and the Spanish economy improved many cave dwellers left their homes in favour of the attractions of local villages, which at that time included such technological advances as roads, electricity, running water and plumbing.\n\n\nMany cave houses stood abandoned until the 1990s, when water and electricity began to be brought to cave areas, sparking a slow increase in interest. Once streets were made to access the caves, foreigners caught on to the vision of owning them as cost-effective holiday homes and the cave home boom began in earnest. British, Dutch, Belgian, French, American and German second home buyers all found their imaginations fired up by the simplicity and peace of the Spanish cave houses.\n\n\nToday, cave homes remain popular with buyers from overseas, as Kyero.com\u2019s Dell explained.\n\n\n\u201cThe financial crash in the late 2000s had a marked impact on cave home prices, just as it did on other types of property in Spain. Cave prices are slowly picking up again, but remain fairly low for the moment, meaning that there are some impressive bargains to be had for those buyers looking for a sun-kissed holiday home that is affordable, close to nature and highly individual.\u201d\n\n\nCave house running costs tend to be low. As part of the mountain, they remain at around 16\u00b0C and 18\u00b0C throughout the year. It means they don\u2019t require air conditioning in the summer and only need a little heating in the winter. Annual taxes are generally in the region of \u20ac250 for the average cave home, according to Spanish Inland Property\u2019s Sean Lummis. Electricity costs much the same as in the UK, while a gas bottle is just \u20ac13.\n\n\nMost modern caves come complete with internet access, electricity or solar panels, drinking water and terraces. Some also have gardens and swimming pools. According to Cuevas-Spain Inmobiliaria\u2019s Piet Quekel,\n\n\n\u201cThere are cave hotels, cave restaurants and cave B&Bs. There are caves in villages and there are caves in the middle of nowhere. For every taste there is a cave!\u201d\n\n\nThe soft lines and curves of cave homes are often found to be calming by their owners, as are the breath-taking views and rural peace that many provide. The perfect antidote to the stress of modern life.\n\n"} {"url": "https://www.dotproperty.com.my/blog/cbre-bullish-long-term-office-outlook-asia-pacific", "title": "CBRE bullish on long-term office outlook in Asia Pacific", "body": "\n\nThe office outlook in Asia Pacific is positive although firms now have different needs\n\n\nThe COVID-19 pandemic has not deterred major corporate occupiers from planning to increase their office footprint in Asia Pacific. CBRE\u2019s 2021 \nAsia Pacific Future of Office Survey\n found that many companies will look to adopt greater flexibility and hybrid working models in addition to adding more physical space.\n\n\nThe consultancy expects employees will work from the office more often than they work from home once the pandemic passes but doesn\u2019t expect most companies to fully embrace Work From Home (WFH). Instead, hybrid models are most likely to be utilize with these only having a limited impact on the long-term office outlook in Asia Pacific.\n\n\n\u201cOffices are set to drive collaboration and connectivity more than ever, and workplace design will need to be adjusted and recalibrated accordingly. CBRE expects demand for space allocated to unscheduled catch-ups and communal space to increase. As a result of hybrid working, companies will consider reducing the number of large meeting rooms as employees do individual work and conduct small project team meetings more frequently,\u201d Ada Choi, CBRE\u2019s Asia Pacific Head of Occupier Research, Data Intelligence and Management, pointed out. \u201cAt the same time, occupiers are likely to increase expectation on landlords to provide on-demand solutions and services for large meetings and events.\u201d\n\n\nRelated:\n \nIdentifying key workplace trends for the second half of 2021\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCBRE sees Asian businesses looking to expand as a key driver of the long-term office outlook in Asia Pacific. Tech companies and some investment and insurance firms will be those with the most demand.\n\n\n\u201cInvestors should take note of the strong occupier intentions to expand over the medium term, particularly among Asian companies. Assets with a good tenant profile catering to market segments benefitting from growth, such as the technology; media and telecommunications sector; and Asia-based companies, are well-placed to outperform,\u201d Dr. Henry Chin, Global Head of Investor Thought Leadership, and Head of Research, Asia Pacific, stated. \u201cCBRE also advises investors to track growing occupier demand for assets offering wellness, technology and flexibility, and consider a service offering featuring flexible offices and meeting space on demand.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/cbre-highlights-three-asia-pacific-real-estate-investment-strategies-2023", "title": "CBRE highlights three Asia Pacific real estate investment strategies for 2023", "body": "\n\nThe start of 2022 saw a flurry of investment activity in Asia Pacific with all signs pointing to a post-COVID recovery. That was, unfortunately, derailed by inflation, higher interest rates and geopolitical conflict with these concerns all set to spill over into next year.\n\n\nCBRE recently highlighted three Asia Pacific real estate investment strategies for 2023 that take into account approach and risk appetite, among other factors. Each one provides investors with a roadmap on how to potentially address what looks to be an increasingly uncertain 12 months.\n\n\nConformist Investment Strategies\n\n\nThis concept encourages the purchase of high-quality prime office properties, logistics assets and multifamily properties in select locations. Each asset group offers the potential for yields but these may be lower than the other strategies which come with additional risk.\n\n\nContrarian Investment Strategies\n\n\nThe strategy here proposes the early disposal of logistics and multifamily investments which will be in demand. Proceeds should then go towards the purchase of hotels or retail properties. The former is set to benefit from a gradual recovery in international tourism driven by pent up demand while rents in the latter have largely bottomed-out and will likely rebound.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nVintage Investment Strategies\n\n\nCBRE explains this strategy as acquiring assets on the public market, such as REITs trading below their NAV and other listed vehicles that are undervalued; debt investment and distressed opportunities; or blue-chip assets which may be discounted but won\u2019t be for much longer.\n\n\nOverall, CBRE believes each of these Asia Pacific real estate investment strategies can be deployed successfully in 2023 despite global challenges.\n\n\nRead More:\n\u00a0\nData Centers May Be The Philippine Real Estate Industry\u2019s Next Big Growth Area\n\n\nSingapore named Asia-Pacific\u2019s top city for green commercial real estate\n\n\nSingapore was named Asia-Pacific\u2019s top city for green commercial real estate in a new Knight Frank report\n due to its low carbon emissions per person, ample green spaces and low urbanization pressures. However, only one other Southeast Asia city managed to finish in the top-20 with the region having more work to do in this area.\n\n\nThree Australian cities placed in the top-five with Sydney (second), Perth (fourth) and Melbourne (fifth) all recognized. Wellington, New Zealand finished third. All of Asia-Pacific\u2019s top cities for green commercial real estate shared similar attributes but are unique in their own ways.\n\n\n\u201c\nSingapore\n\u00a0stands out due to a comprehensive green building certification scheme and an ambitious plan to become a low-carbon built environment. Liveable cities like Sydney and Wellington boast ample green spaces that have been critical for inhabitants during prolonged lockdowns, providing a reprieve from highly urbanized lifestyles,\u201d Christine Li, Knight Frank Head of Research, Asia-Pacific, said.\n\n"} {"url": "https://www.dotproperty.com.my/blog/cebus-top-health-wellness-retirement-development-looks-like", "title": "Here is what Cebu\u2019s top health and wellness retirement development looks like", "body": "\n\nA home at Amonsagana, Cebu's top health and wellness retirement development\n\n\nAre you ready to retire and get away from the hustle and bustle of city life? It is a question a lot of people are now asking themselves, especially if they are planning or transitioning from careers to an active retirement. The key is finding a health and wellness retirement development in a location you like.\n\n\nThe Philippines is one of Southeast Asia\u2019s top retirement destinations. One reason for that is\u00a0\nthe Special Resident Retiree\u2019s Visa issued by the Philippines\u2019 Bureau of Immigration\n. It is arguably the best retirement visa in the region. Privileges for holders include multiple-entry access with the right to stay indefinitely in the Philippines.\n\n\nIn the country, Cebu stands out as a great place to retire to. It\u2019s already a popular choice for Hong Kong, Japanese and South Korean retirees who enjoy the low cost of living, diverse landscapes and \ndirect access to their home countries via Mactan-Cebu International Airport\n.\n\n\nAmonsagana is the premier health and wellness retirement development in Cebu. It is located in the scenic Mandayao Hills of Balamban, a peaceful seaside town west of Cebu Island. You will be surrounded by lush, tropical landscapes and can enjoy breathtaking views of the local surroundings from the hilltops.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nApart from this idyllic location, Amonsagana residents are part of a community of independent, like-minded and active seniors. The result is a vibrant residential community that boasts plenty of recreational opportunities along with fun organized activities including ballroom dancing and tai-chi lessons.\n\n\nOwn a home in Cebu\u2019s leading health and wellness retirement development\n\n\nEvery residence at Amonsagana has its own organic garden\n\n\nHomes in Amonsagana are a sight to behold. First, the attention paid to the architectural details ensures an optimal living experience. There are concept living and dining rooms with high double-volume ceilings to maximize the spatial effects. The dormer roof with skylight, large glass windows and doors with louvers bring in natural light, ventilation and provide amazing views.\n\n\nThe interior layouts focus on ergonomics and circulation that also incorporate the mobility and access needs of residents. Staircases are designed to accommodate chair lifts if required and the garage is located with direct access into the house by stairs or ramp.\n\n\nOne of the features the developer is most proud of is the planned and planted organic garden which is ready for the homeowner as soon as they move in. You will be able to nurture it and watch it grow as you enjoy life at Cebu\u2019s premier health and wellness retirement development.\n\n\nClick here to learn more about Amonsagana\n\n"} {"url": "https://www.dotproperty.com.my/blog/celebrate-chinese-new-year-at-home", "title": "Celebrate Chinese New Year at home", "body": "\n\n\n\nPerfect the art of feng shui at home in time for Chinese New Year.\u00a0\n\n\nSince 25 percent of Malaysia\u2019s population are of Chinese heritage, the impending Chinese New Year on 28 January is a big event in the calendar. Also known as Spring Festival and Lunar New Year, this year welcomes the tenth zodiac animal, the rooster. Those born in the year in the rooster are known for their organisation at home. So start the new year of with improving the chi (flow of energy) in your home with these simple feng shui techniques.\n\n\n1. Quieten your front door.\n\n\nIf your front door creaks and groans when you open it, this is believed to be the sound of it crying. It will influence your mood as you enter and leave your home so address these squeaks with some oil to improve this positive energy.\n\n\n2. Close the bathroom door.\n\n\nWater is related to wealth so the idea of water being washed away raises concerns as people don\u2019t want their money to be thrown down the drain. So keep the bathroom door closed and even the toilet seat down to reduce the loss of water, but don\u2019t worry, water also comes back as its being drained so not everything is lost.\n\n\n3.\u00a0Peer above your kitchen cabinets.\n\n\nA gap between the top of your wall hung kitchen cabinets and the ceiling is a magnet for stake energy and dust. Good feng shui dictates that there should not be a gap here as chi is not able to escape this space. Fill the space with green plants, any ornaments or lighting that are all able to transform the energy.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4. Place your bed in the commanding position.\n\n\nBy this it is meant that your bed should be facing the door when you lie down. However be careful that your bed is not in line with the door. The position of your bed is particularly important as we spend nearly a third of our lives asleep so this is important time to replenish your energy stores.\n\n\n5. Avoid a television in your bedroom.\n\n\nThe television\u2019s active energy can disrupt a good night\u2019s sleep so keep your television out of your bedroom. But if you really cannot live without one, then make sure the television is covered to keep the active energy at bay.\n\n\n6. Keep the eyes to your world clean.\n\n\nWindows are the eyes to our world so keep them clean in order to help you visualise the world around us. This is a simple tip and will immediately help improve your outlook.\n\n"} {"url": "https://www.dotproperty.com.my/blog/celebrating-luxurious-developments-southeast-asia", "title": "Celebrating the most luxurious developments in Southeast Asia", "body": "\n\nRaimon Land took home Best Luxury Condominium for The Estelle Phrom Phong\n\n\nSoutheast Asia is a global leader when it comes to luxury developments. From condominiums to hotels, 5-stars don\u2019t do these winners justice. The Dot Property Southeast Asia Awards 2020 saw some of the region\u2019s most notable luxury projects honored.\n\n\nBest Luxury Condominium \u2013 The Estelle Phrom Phong\n\n\nThe Estelle Phrom Phong has turned a lot of heads since first launching. Developer Raimon Land promised a place that would be a sanctuary of luxury and the high-rise condominium has certainly delivered on that lofty promise. Residences have been painstakingly designed to ensure a peaceful experience that offers the absolute best. Fine marble can be found throughout each unit along with high-end fittings, furnishings and appliances. A select number of penthouses feature private elevators for an extra touch of privacy. The amazing residences are accentuated by luxurious amenities unmatched in the region.\n\n\nBest Luxury Villa Development \u2013 Botanica Luxury Villas\n\n\nBest Luxury Villa Development went to Botanica Luxury Villas\n\n\nThe first thing you notice about Botanica Luxury Villas is the bespoke design and large usable areas that range from 265 to 700 square meters. Each villa at Botanica Luxury Villas centers around a natural stone-tiled swimming pool that serves as the pi\u00e8ce de r\u00e9sistance to the free-flowing floorplan. The vaulted, teak wood ceilings create an elegant and authentic look throughout the villas while the concertina glass doors and transom windows above the doors add light and a positive feeling to the main area of the home.\n\n\nBest Beachfront Luxury Hotel & Resort \u2013 The Pearl Hoi An\n\n\nThe Pearl Hoi An was named Best Beachfront Luxury Hotel & Resort\n\n\nJust like its namesake, The Pearl Hoi An is a precious gem. The luxurious beachfront hotel and resort features beautiful sweeping designs that take full advantage of its pristine location. Nature can be found throughout The Pearl Hoi An as lush green spaces make their way around the property. Meanwhile, the resort\u2019s high-end amenities and numerous recreational opportunities provide a world-class experience for guests.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBest Luxury Serviced Apartments \u2013 The Double View Mansions, Bali\n\n\nThe award for Best Luxury Serviced Apartments was presented to The Double View Mansions, Bali\n\n\nThe elegantly designed apartments of The Double View Mansions, Bali provide those staying here with beautiful vistas of the Balinese rice fields or the Indian Ocean. The luxurious views are matched by the sublime residences which feature high-quality finishings and designs that capture the natural beauty of Bali. It is all tied together with a wide range of services and amenities.\n\n"} {"url": "https://www.dotproperty.com.my/blog/change-at-the-top-for-jll", "title": "Change at the top for JLL", "body": "\n\n\n\nReal estate firm JLL has named Anthony Couse as its new Asia-Pacific Chief Executive Officer, succeeding Alastair Hughes who has announced that he will leave JLL on July 1, 2016.\n\n\nCouse (pictured), who is currently Managing Director of Shanghai and East China, and Head of Capital Markets for China, will work closely with Hughes to ensure a smooth transition before assuming the Asia-Pacific head role effective June 1, 2016. He will report directly to JLL Chief Executive Officer Colin Dyer.\n\n\n\u201cDuring his 28 years with JLL, Alastair has made major contributions to the firm\u2019s growth both in EMEA and in Asia-Pacific,\u201d said Dyer.\n\n\n\u201cDuring the nearly eight years Alastair has been Asia Pacific CEO, we have doubled our revenue and increased profits seven times. We have cemented our leadership position in the market by opening many new offices, completing numerous strategic acquisitions and building a team of talented real estate professionals who provide high quality services to our clients every day.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHughes joined JLL in 1988 and served in a range of increasingly senior positions, including Managing Director of the firm\u2019s UK business and CEO of the EMEA region, before being named CEO Asia-Pacific in 2008.\n\n\nDyer continued, \u201cI have enjoyed working alongside Alastair since I joined JLL and thank him for his valuable service.\u201d\n\n\nCouse joined JLL in London in 1989, moved to Hong Kong in 1993 and then to Shanghai in 2006. His expertise includes leasing, consultancy and capital markets. He has been responsible for the firm\u2019s strategic growth in East China, which includes the Yangtze Delta region, and extends further west to Wuhan and Changsha, including opening new offices in Wuhan and Nanjing.\n\n\nHe has aso been responsible for the overall strategic direction and day-to-day management of JLL\u2019s Capital Markets business in China. Additionally, Couse oversees the firm\u2019s Diversity & Inclusion initiatives for Asia-Pacific.\n\n\n\u201cI am fortunate to have had a long and enjoyable career with JLL and now is the right time to hand on the mantle,\u201d said Hughes.\n\n\n\u201cIt gives me great pleasure to know that the business will be in Anthony\u2019s highly capable hands as the region continues to be a source of growth and momentum for the firm as a whole.\u201d\n\n\n\u201cAlastair and the APAC management team built a very strong platform across the region, and I am confident that we will keep driving significant growth for the firm,\u201d said Couse.\n\n\n\u201cI am excited to work with existing leadership to continue to develop our platform and deliver exceptional value for clients.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/check-dot-property-philippines-awards-2021-winners-show-now", "title": "Check out the Dot Property Philippines Awards 2021 Winners show now", "body": "\n\nThe Property Philippines Awards 2021 Winners show live broadcast was an exciting celebration of the country\u2019s real estate sector. Those that missed it can now check out the replay by either watching it above or \nvisiting our YouTube page by clicking here\n. This show provides you with the opportunity to learn more about this year\u2019s outstanding winners and their leading work.\n\n\nRelated:\n \nDot Property Philippines Awards 2021 celebrates the real estate sector\u2019s resilience\n\n\nFor more great video content, be sure to subscribe to the Dot Property channel on YouTube.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/check-highlights-dot-property-southeast-asia-awards-2022-a", "title": "Check out highlights from the Dot Property Southeast Asia Awards 2022", "body": "\n\nThe Dot Property Southeast Asia Awards 2022 was an exceptional night filled with excitement and celebrations. This year saw 48 impressive developers, projects, real estate agencies and consultancies from across the region recognized.\n\n\nRead More:\n\u00a0\nHere are the Dot Property Southeast Asia Awards 2022 winners\n\n\nHere\u2019s your chance to see everything that happened during the Dot Property Southeast Asia Awards 2022. Checkout the video above or\u00a0\nwatch the highlights on the Dot Property Group YouTube channel\n.\n\n\nWant to be a part of the action in 2023?\u00a0\nClick here for the details on the Dot Property Awards 2023\n.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/check-newest-issue-dot-property-magazine", "title": "Check out the newest issue of Dot Property Magazine", "body": "\n\n\n\nThe newest edition of Dot Property Magazine is out now. You can find it \nhere\n or download it using the free Dot Property Magazine app available in the \nApple Store\n and \nGoogle Play\n. Here is the editor\u2019s letter from the most recent issue which provides a look at what to expect from the current issue of Dot Property Magazine.\n\n\nIf the first quarter is any indication, this year promises to be one full of innovation for real estate in Southeast Asia. This isn\u2019t to say the projects launched and completed during the past few years were bad. Far from it. But, it did feel as if many developers found formulas or templates they were happy to stick with.\n\n\nIt is refreshing to see many firms flip the script with competition around the region for homebuyers and investors at record levels. I\u2019ve seen first hand how developers in Thailand, the Philippines and Indonesia are thinking, and building, outside the box.\n\n\nOn the cover of Dot Property Magazine is Grand Himalai (p. 44). Developer Blue Horizon didn\u2019t want to rest on its laurels. It went above and beyond to create a condotel that stands out, even in Phuket\u2019s crowded marketplace. The amenities in particular shine when you factor in the attractive price point for units here.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSpeaking of amenities, I\u2019m still taken aback by what is found at Niche Pride Taopoon-Interchange (p. 30). SENA Development and respected Japanese property firm Hankyu Realty have teamed for the condominium that will have facilities spread across 30 floors, a record in Asia. It was so impressive that I thought about taking a unit at the recent pre-launch event.\n\n\nPicasso Villas were finished in October and it boasts features not found anywhere else such as a FIFA certified 5-aside football pitch, a villa inspired by Jayne Mansfield and another with enough football memorabilia to fill a museum. I\u2019d highly recommend staying here if you\u2019re visiting Phuket (p. 32).\n\n\nMoving over to the Philippines, Filinvest has been hard at work to create developments that go beyond the ordinary. For example, it pulled out all the stops on the interior design at Fortune Hill, blending the conveniences of today with a timeless sophistication residents will enjoy. The result is simply stunning (p. 62).\n\n\nWe also have Anchor Land whose work in the Manila Bay area has transformed this part of the city (p. 50). The developer embraces the upscale lifestyle Manila Bay made famous at the beginning of the 20th century and this is evident in developments such as Admiral Baysuites. The condominium captures the spirit of the old Admiral Hotel, a historic building the firm is currently redeveloping.\n\n\nAnd this is just the tip of the iceberg. More launches are set for the second quarter and it looks as if many developers from around the region have a few surprises in store. Both end users and investors are going to be spoilt for choice this year, no matter where in the region they are looking to buy. And that is undoubtedly a good thing.\n\n\nThanks for reading,\n\n\nCheyenne Hollis\n\n\nClick here to read the current issue\n\n"} {"url": "https://www.dotproperty.com.my/blog/checkout-highlights-dot-property-mega-sale", "title": "Checkout the highlights from the Dot Property Mega Sale", "body": "\n\nThe Dot Property Mega Sale is in the books and this year\u2019s event was bigger and better than ever. Thailand\u2019s largest property sales event allowed homebuyers to take advantage of exclusive deals and discounts on real estate in Bangkok, Phuket and Pattaya. Checkout the highlights from Dot Property Mega Sale in the above video.\n\n\nClick here for more information about events from Dot Property Group\n. Contact us directly at: \n[email\u00a0protected]\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/china-buyers-to-remain-active", "title": "China buyers to remain active", "body": "\n\n\n\nThe current stock market turmoil in China will at best have no impact on Chinese buying international real estate, while many real estate agents dealing with Chinese buyers think that country\u2019s stock market decline last month will actually see more Chinese buying overseas real estate.\n\n\nIn a survey carried out by Chinese overseas property website \njuwai.com\n at the height of the turmoil last month, 75 percent of surveyed real estate agents said they thought there would either be no impact or an increase in the number of Chinese looking to buy property overseas.\n\n\nMore than half \u2013 59 percent \u2013 said the world would likely see more Chinese property buyers, while just 14 percent said they felt the stock market plunge would result in less overseas property purchases from Chinese buyers.\n\n\nThe survey included agents around the world who work primarily with mainland Chinese buyers of international property. Of agents in mainland China, some 48 percent believed the impact would be more investment while only 4 percent felt it would mean less.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nA flight to safety, or diversification in favor of stability and better returns, was the most common reason both sets of agents gave for the expected increase in international property investment.\n\n\nSimon Henry, co-Founder of \nJuwai.com\n, told \nDot Property Group\n: \u201cLast year, China\u2019s stock market began to look like a credible alternative to other investment categories, like property. Many investors now believe the stock market has lost its credibility as an alternative to real estate.\n\n\n\u201cWith the domestic stock market so unpredictable, international real estate looks like a better investment.\n\n\n\u201cI wouldn\u2019t call it capital flight so much as a search for quality.\n\n\n\u201cMany wealthy Chinese are self-made and have most of their assets tied up in their own company. For anyone in that position, it is prudent to diversify both internationally and into other types of assets like property.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/chinese-real-estate-investors-spend-100b-global-property-malaysia-popular-choice", "title": "Breaking: Chinese real estate investors spend $100B on global property with Malaysia a popular choice", "body": "\n\n\n\nChinese real estate investors continue to purchase international property in record amounts, spending an impressive USD 101.4 billion in 2016, according to a new report from Chinese property website Juwai.com. Traditional safe haven markets were the most popular, but Southeast Asia was the market that recorded the most growth. Malaysia was at the front of regional demand.\n\n\n\u201c2016 marks the first time in history Chinese real estate investors acquired more than US$100 billion worth of international real estate,\u201d\n\u00a0Sue Jong, chief of operations at Juwai.com, told the South China Morning Post\n. \u201cThe 2016 total represented more than a quarter increase over 2015 and an 845 percent surge over five years.\u201d\n\n\nDespite the mainland government implementing capital controls designed to curb international real estate purchases, Juwai.com believes 2017 is primed to be another big year for outbound Chinese investment even if it may not reach the lofty heights of 2016.\n\n\n\u201cCurrent trends suggest that Chinese property investment this year will be on a par with the levels of 2015, at about US$80 billion. That would make 2017 one of the top two or three years in history,\u201d Jong explained. \u201cSo while levels are lower than in 2016, they will still be extremely high by any standard.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nUnderstanding this trend, leading Malaysia property developer Mayland has already signed up to take part in the upcoming Dot Property Shanghai. Mayland\u2019s exciting portfolio of projects includes Hampton Damansara and Dorsett Residences, two developments that were recognised at The Dot Property Malaysia Awards 2017.\n\n\nThe Dot Property Show Shanghai aims to connect investors with Southeast Asian real estate\n\n\nDot Expo, Southeast Asia\u2019s leading real estate event organiser, is hosting The Dot Property Show Shanghai to provide Chinese investors the chance to see some of the best properties in Southeast Asia.\u00a0Sodichan\u00a0will also be in attendance leveraging its networks of agencies and active investors across China to ensure the buying process is a smooth one.\n\n\nThe Dot Property Shanghai show will take place 14-17 September inside\u00a0Super Brand mall, Shanghai\u2019s premier shopping destination. For more information about The Dot Property Show Shanghai contact \n[email\u00a0protected]\n or visit\u00a0\nwww.dot-expo.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/chinese-real-estate-investors-target-southeast-asia-value-second-homes", "title": "Chinese real estate investors target Malaysia for value and second homes", "body": "\n\n\n\nChinese real estate investors are snapping up more properties than ever before, according to a new survey from DBS. The focus for many of these buyers is now Malaysia, and Southeast Asia as a whole, after major cities, including Vancouver, Melbourne and Hong Kong, enacted stamp duties on foreign buyers.\n\n\nThis evidence is supported by data from Juwai, the No. 1 Chinese international real estate website. There has been a shift in buying preferences from Chinese real estate investors. While gateway cities are still popular, they are facing increasing competition from many countries in Southeast Asia.\n\n\n\u201cSoutheast Asia has been gaining Chinese buyer market share faster than any other global region since early 2017,\u201d Carrie Law, CEO and director of Juwai.com, stated. \u201cIn 2016, only three Southeast Asian countries made it into the top 15 for Chinese buyers, and none made it into the top five. Last year, five made it into the top 15. Thailand alone jumped from 6th place to 3rd, bypassing Canada.\u201d\n\n\nThailand, Vietnam, Malaysia and the Philippines all recorded a significant uptick in Chinese real estate buying activity. Smaller countries like Cambodia recorded very rapid growth in Chinese property acquisition while even Singapore remained attractive. The \nBelt and Road Initiative\n, investment returns and lifestyle are some of the key factors mainland buyers consider.\n\n\n\u201cThe biggest drivers are the lower prices in these countries and the fact that they seem to have government blessing as Belt and Road Initiative countries,\u201d Law pointed out. \u201cCapital controls are constraining the amount Chinese buyers can spend, so they have turned to lower priced countries and lower priced property even in high-cost countries like Australia.\u201d\n\n\n\n\nInterest in Malaysian property inched higher\n\n\nMalaysia has always been popular among mainland real estate buyers. According to stats from Juwai, the country was the tenth most popular last year, up one place from 2016. There has been some murmuring that \nthe recent election results will see Chinese investors take their money elsewhere\n, but most experts do not believe that will happen as long as MM2H is in place.\n\n\n\u201cBuyers motivated by pure investment may hold back to see how events play out,\u201d\u00a0Law told the South China Morning Post. \u201cHowever, most buyers are end users purchasing to study in Malaysia, work here or retire here. They will continue to buy as long as visa and education policies remain favourable.\u201d\n\n\nThailand benefits from EEC and tourism\n\n\nThailand\u2019s Eastern Economic Corridor (EEC) project and rising tourist arrivals are expected to lead to even more Chinese second home buying. Data from Juawai found the \u201cLand of Smiles\u2019 to be the third most popular country among mainland investors for overseas real estate acquisitions.\n\n\nPattaya was the top location among Chinese buyers with Bangkok in second and Chiang Mai finishing third. Many of those enquiring about property in Thailand via Juwai had more than one motivating factor. This would explain why tourism properties such as condotels in resort destinations are being sold at record rates.\n\n\nVietnam soars in the eyes of Chinese investors\n\n\nAfter years of being off international property investors\u2019 radar, Vietnam suddenly found itself in the spotlight last year. The country ranked ninth in terms of popularity among Chinese buyers with both \ncondominiums in Ho Chi Minh \nCity\n\u00a0and \nluxury resort \nproperties\n\u00a0proving to be a solid investment. A loosening of foreign ownership restrictions along with low property prices have contributed to Vietnam\u2019s rapid rise as a real estate investment destination.\n\n\n\n\nInvestors gamble on the Philippines\n\n\nThe Philippines made an appearance in Juwai\u2019s top 15 countries for buyer enquiries landing at 13th place. The success of mainland offshore gaming firms and BPO companies has \nincreased the confidence many Chinese real estate investors have in the country\n.\n\n\nHowever, that is not the only reason for the increase in Chinese activity. A thawing of relations between Manila and Beijing, \nalong with strong rental yields and home price growth\n, has caused Chinese investors to take notice of the Philippines\u2019 real estate market.\n\n\nDot Property can help you reach Chinese real estate investors\n\n\nDo you want to showcase your development at China\u2019s leading international property and immigration event and be seen by Chinese real estate investors? Dot Property can make it a reality. \nClick here for more \ndetails\n\u00a0or \ncontact us today\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/chinese-top-aussie-buyers", "title": "Chinese top Aussie buyers", "body": "\n\n\n\nChinese applications again ranked highest as the largest potential source of foreign investment in Australian property in 2014-15; whilst Victoria stretched ahead of New South Wales to attract the most investment applications in proposed residential property for development.\n\n\nAccording to research from real estate firm Knight Frank, the Foreign Investment Review Board (FIRB) Annual Report for 2014-15 was published earlier this month, and according to the report, the FIRB approved a total of AUD$ 194.6 billion worth of proposed investments across all industry sectors that fall within the scope of Australia\u2019s Foreign Investment Policy.\n\n\nResidential (at 31.2 percent) and commercial (at 18.6 percent) property represented 49.8 percent of all proposed foreign investment in 2014-15. Growth was recorded at 30 percent over the year to reach a total of AUD$ 96.9 billion.\n\n\nContinuing to drill down into the property sector, approvals for Chinese nationals to purchase Australian residential and commercial property tallied AUD$ 24.4 billion in 2014-15. This was up 97 percent, from AUD$ 12.4 billion in 2013-14. As shown, other active countries included the United States (at AUD$ 7.1 billion), Singapore (AUD$ 3.9 billion), Malaysia (AUD$ 3.4 billion) and the Republic of Korea (AUD$ 2.5 billion).\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nA large component of residential FIRB approvals in 2014-15 included proposed investment in property for development totalling AUD$ 49.3 billion. Estimating proposed investments include the aggregation of estimated acquisition costs, development costs and costs of both the establishment and development in the case of new businesses.\n\n\nNon-residents of Australia are currently limited to purchasing new or off-the-plan (OTP) property with a fee payable on application to FIRB. Total investment in developer OTP property was AUD$ 28.7 billion in 2014-15, almost double the AUD$ 16.4 billion over the previous year.\n\n\nProposed investment in new residential property for individuals rose 86 percent to reach AUD$ 14.4 billion in Australia, which comprised 20,551 approvals in 2014-15. This was up significantly on 2012-13 when investment approvals were AUD$ 2.9 billion and 4,499 individual purchasers were approved.\n\n\nAs a comparison over the financial year of 2014-15, approvals for existing commercial\u00a0property actually fell 10 percent to AUD$ 28.5 billion.\n\n\nChanges to Legislation for Foreign Investors in Australia\n\n\nFrom December 1, 2015, all foreign investors must pay a fee before their foreign investment application will be processed and stricter penalties have been ramped up by the Australian Taxation Office for those who breach the rules. For Victoria, including the capital city of Melbourne, this fee is in addition to the state-based 3 percent duty payable on the purchase price, and the annual absentee tax of 0.5 percent on the property value for foreign owners who leave their property vacant for extended periods throughout the year.\n\n\nImage: Brisbane\u2019s central business district.\n\n"} {"url": "https://www.dotproperty.com.my/blog/choose-right-property-management-company", "title": "How to choose the right property management company", "body": "\n\n\n\nLast week we explored what a property management company does (\nclick here to read the article\n). This week we touch on how you should choose a property management company. Finding the right one may seem like a Herculean task, but it is not much different than finding any other service provider.\n\n\nYou\u2019re going to need to be smart, think critically and ask questions. But with a little digging, you\u2019ll find the firm that best matches your needs. However, if you\u2019re not sure where to start, here are four tips to help you choose the right property management company.\n\n\n1) Search online\n\n\nThe easiest way to find out if a property management company is any good is to search online. What do tenants say about renting from the company? The answer to this question can shine a lot of light on how a business operates. Unlike restaurants or hotels where reviews are based on tastes and preferences, property management is a little more black and white. If a company has more bad reviews than good ones online, be sure to take note of this and ask the company directly should you be thinking about hiring them.\n\n\n2) Understand the full scope of their services\n\n\nDifferent property management companies provide their clients with different services. Some may offer full bookkeeping while others may be able to deposit rent into international bank accounts. Understanding exactly what a property management company can offer you makes it much easier to compare them against their competitors.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n3) Ask for and check references\n\n\nThis one is pretty simple. Ask the property management company if you can contact other property owners they work with and get their feedback. Obviously the company is likely to refer happy customers, but you may still get a better idea about possible pain points and other details you may not otherwise find out about.\n\n\n4) Can they actually help you?\n\n\nA property management company might say the right things, but this doesn\u2019t mean they can deliver. Given how unique different market segments and locations can be, experience in each one is vital. If the company you\u2019re considering doesn\u2019t have experience handling similar properties, you can\u2019t really be confident they will be able to take care of yours. This is especially true in the high-end segment where tenants will be expecting a certain level of care and attention.\n\n"} {"url": "https://www.dotproperty.com.my/blog/choose-the-right-interior-designer", "title": "How to choose the right interior designer", "body": "\n\n\n\nIt will take time, patience and trust if you are going to choose the right interior designer. There are plenty of fish in the interior designer sea, but, much like dating, it can be hard to find that perfect match.\n\n\nFor starters, you never want to hire the first designer you interview. This is a common mistake a lot of first timers make. They get on well enough with the first person they speak to, don\u2019t bother reaching out to any other designers and end up frustrated because the person they hired isn\u2019t as good as advertised.\n\n\nDon\u2019t let this happen to you. We have put together a few tips to ensure you choose the right interior designer.\n\n\nTips to choose the right interior designer\n\n\nAsk your friends\n\n\nThe internet is full of interior designer reviews, but do you want to base your decision solely on the opinion of strangers? If you have friends who have moved into a new home recently, why not ask if they worked with an interior designer? They can provide solid recommendations that will be the ideal starting place for your search.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRigorous interview\n\n\nIf you\u2019re going to choose the right interior designer, you need to ask them tough questions. Before the interview, be sure to obtain a copy of the designer\u2019s portfolio and question them on why they did specific things. Additionally, detail how you envision the space and see what they say. Do they offer feedback on how it can be improved or do they simply agree with everything you say? These insights will allow you to understand their working process as well as how committed they are to the job.\n\n\nMatch game\n\n\nYou and the designer should have chemistry so that working together will be a breeze. Before hiring an interior designer you need to determine if you two are a good fit. Does the designer\u2019s working style mesh with your expectations? Will they ask for your feedback before doing something or do they ignore you and proceed? Make sure the compatibility is there before hiring a designer.\n\n\nBudget buddy\n\n\nThe best interior designers are not cheap, but good ones will find ways to maximize your budget. In order to choose the right interior designer, you need to present them with a budget and see how they plan to work with it. If they come back to you complaining that it isn\u2019t enough, you may run into issues throughout the process. However, if they come up with a plan aimed at keeping costs within your price range you can feel confident that they really want what\u2019s best.\n\n\nBefore you can choose the right interior designer, you need to select the right property. \nCheck out Dot Property Malaysia to find your ideal home\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/comprehensive-service-support-allow-zupreme-best-thailand", "title": "Comprehensive service and support allow Zupreme to be the best in Thailand", "body": "\n\nZupreme has made a name for itself in only a few short years. The forward-thinking agency adopted a comprehensive approach that focuses on robust service and support for its clients. These efforts were recognized at the Dot Property Thailand Awards 2022 when it was honored as one of Thailand\u2019s Best Real Estate Agencies.\n\n\nThe firm\u2019s global view of property has allowed it to standout. For starters, Zupreme has agents that speak Thai, Mandarin, Cantonese and English which means it can serve a broader base of customers in the language they feel most comfortable with.\n\n\n\u201cOne of the things that makes Zupreme a unique agency is our multilingual team. We partner with Thai clients, Hong Kong clients, Chinese clients and Taiwanese clients. Speaking their language allows us to solve their problems,\u201d Caleb Tsang, COO at Zupreme Group, said.\n\n\nThis mindset isn\u2019t simply limited to who Zupreme can help. The award-winning real estate agency has curated a portfolio of properties that extends well beyond Thailand. Its goal is to empower clients with the ability to choose what\u2019s best for them.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cWe sell property not only from Thailand, but also from London and Portugal. Having a wider portfolio allows us to present clients with the best properties,\u201d Caleb added.\n\n\nThe desire of Zupreme to offer clients the best possible experience means it needed to provide services that extended beyond buying or selling a property. No matter if you are an end user or investor, the agency can help with anything you may need during the process.\n\n\n\u201cZupreme is not just an agency. We are a one-stop service provider that supports buying and selling while also offering property management and interior design services. That means clients won\u2019t have to deal with any hassles from the moment they start their search until they move in or it is let out,\u201d Caleb stated.\n\n\nKnowledge is another area where Zupreme excels. Having worked with property buyers from diverse backgrounds, it understands pain points and knows how those can be avoided. The agency is also constantly studying the market and shares this information with its clients.\n\n\n\u201cWe are very close to the market and know what is happening. That allows us to assist clients in finding the best property while sorting out any potential issues they may have along the way,\u201d Caleb noted.\n\n\nBeing named as one of Thailand\u2019s Best Real Estate Agencies in 2022 is the latest milestone for Zupreme. However, it certainly won\u2019t be the last honor for the firm as it already has plans to build upon this achievement.\n\n"} {"url": "https://www.dotproperty.com.my/blog/condotels-make-way-bangkok", "title": "Condotels make their way to Bangkok", "body": "\n\nSiamese Exclusive Ratchada will be operated as a condotel allowing investors to profit from short-term rentals\n\n\nCondotels are hardly new in Thailand. These properties are popular for investors in the country\u2019s tourist destinations. Phuket, Pattaya and Samui all have their fair share of condotels. But one developer is now bringing them to the Thai capital.\n\n\nSiamese Asset\n\u00a0revealed that it is going to develop residential developments with a hotel business licence in Bangkok as it looks for ways to entice overseas investors. The projects will meet the specifications and requirements needed to qualify under the Hotel Act, meaning units in these buildings can host short-term rentals.\n\n\nThis is important as the short-term rental market remains a grey area in Thailand. The legality of Airbnb continues to be called into question and some international investors have opted to stay on the sidelines. Siamese Asset Managing Director Kajonsit Singasansern told local media that overseas buyers want to invest in a condo unit that can be used for short-term rentals but are worried about doing so because of illegality.\n\n\nQuick guide to condotels\n\n\nA condotel is a building where the units are sold to individuals like a condominium while being operated under hotel management. This is done to benefit both property buyers as well as hotel brands. Unlike traditional condos, which can be difficult to let out, investors don\u2019t have to worry about marketing and managing a condotel unit.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSee more:\n \nPhuket condotels can bring in 10 percent rental returns\n\n\nSiamese Asset Bangkok condotels\n\n\nSiamese Asset already has one condominium operating with a hotel licence. Blossom @ Fashion is located near the Fashion Island shopping complex and opened a few months previously. The developer held on to the 97 rooms and the project has served as a test run for the Bangkok condotel scheme. A townhouse development near the condo, \nSiamese Blossom @ Fashion\n, has since been launched under a traditional ownership model.\n\n\nA pair of new condo projects, \nThe \nCollection\n\u00a0and \nSiamese Exclusive Ratchada\n, are the first condotel developments to be made available to investors. The projects are managed by China\u2019s Greenland International Hotels who agreed to operate ten properties for Siamese Asset\u2019s over a five-year period.\n\n"} {"url": "https://www.dotproperty.com.my/blog/copy-of-global-house-price-boom-grows", "title": "Global house price boom grows", "body": "\n\n\n\nPrices in many of the property markets around the world continued to surge during Q3, lead by most of Europe, North America, and some parts of the Asia-Pacific region.\n\n\nAccording to the latest research from the \nGlobal Propety Guide website\n, the five strongest housing markets in its global survey were Qatar (+16.42 percent year-on-year), New Zealand (+14.86 percent), Hong Kong (+12.64 percent), and two European countries \u2013 Sweden (+11.26 percent) and Iceland (+9.24 percent).\n\n\nThe biggest year-on-year house-price declines were in UAE (-14.1 percent), Russia (-13.38 percent) and Egypt (-12.48 percent).\n\n\nDuring the year ending Q3 2015 house prices rose in 28 of the 41 world\u2019s housing markets which have so far published housing statistics, using inflation-adjusted figures. The more upbeat nominal figures, more familiar to the public, showed house price rises in 30 countries and declines in 11 countries.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDuring Q3, 22 housing markets showed stronger upward momentum while 19 housing markets showed weaker momentum. Momentum is a measure of the \u2018change in the change\u2019; simply put, momentum has increased if a property market has risen faster this year than last (or fallen less).\n\n\nMost of Asia saw strong house price rises. House prices rose during the year to Q3 2015 in six out of ten Asian housing markets for which figures are available, and seven showed an improved performance on the previous year.\n\n\nHong Kong\n had the highest housing price rises in Asia and was the third strongest housing market in the global survey, with residential property prices surging by 12.64 percent during the year to Q3 2015, a sharp improvement from the 1.76 percent year-on-year increase during the previous year. Housing prices rose by 1.12 percent quarter-on-quarter during the latest quarter.\n\n\nJapan\n\u2018s house price rises continued to be spectacular with the average price of existing condominiums in Tokyo rising by 8.97 percent during the year to Q3, up from the meagre growth of 0.39 percent during the previous year. Residential property prices rose by 1.98 percent quarter-on-quarter during Q3 2015.\n\n\nThe Philippines\n\u2019 housing market also remained strong. The average price of a three-bedroom condominium units in Makati CBD rose by 5.41 percent during the year to Q3 2015 compared with 3.58 percent during the year to Q3 2014. Housing prices increased 1.27 percent quarter-on-quarter during the latest quarter.\n\n\nChina\n\u2018s housing market made a strong comeback with the price index of second-hand houses in Shanghai rising by 5.07 percent during the year to Q3 2015 in contrast to a year-on-year decline of 0.45 percent the previous year. During the latest quarter house prices in Shanghai rose by 2.21 percent.\n\n\nThe \nGlobal Property Guide\n reported that \nThailand\n\u2019s housing prices rose by 3.4 percent during the year to Q3 2015, a slight improvement from the annual growth of 2.15 percent during the previous year. House prices increased 3.15 percent during the latest quarter. Here it is worth noting that the Global Property Guide takes its data for the entire Thailand market from the Bank of Thailand\u2019s data for single detached houses, and single detached houses with land.\n\n\nSouth Korea\n\u2018s nationwide housing purchase price index rose by 3.4 percent during the year to Q3 2015, amidst low interest rates and relaxed mortgage lending rules, an improvement from the annual rise of 2.15 percent during the year to Q3 2014 and the biggest year-on-year rise in the past seven years. House prices increased by 0.72 percent quarter-on-quarter during the latest quarter.\n\n\nThat said, half of Asia continued to lose steam. House prices fell in four of the ten Asian markets for which figures were available in Q3 2015.\n\n\nSingapore\n\u2018s housing market continues to struggle with house prices falling by 3.62 percent during the year to Q3 2015, its eighth consecutive quarter of house price falls. House prices fell by 1.06 percent quarter-on-quarter during the latest quarter.\n\n\nTaiwan\n\u2018s nationwide house prices dropped 2.95 percent during the year to Q3 2015, the second consecutive quarter of year-on-year price falls since Q2 2009, due to the government\u2019s recent housing market cooling measures. This was in sharp contrast with the increase of 3.42 percent year-on-year to Q3 2014. House prices dropped 2.4 percent during Q3 2015.\n\n\nIndonesia\n\u2019s housing market remained weak with residential prices in the country\u2019s 14 largest cities falling by 1.49 percent during the year to Q3 2015, the third consecutive quarter of year-on-year price falls since Q3 2012 and in contrast with the annual rise of 2.77 percent a year earlier. House prices fell by 0.67 percent during the latest quarter.\n\n\nVietnam\n\u2018s housing market has been stabilising with house prices falling by just 0.06 percent year-on-year to Q3 2015. House prices were unchanged during the latest quarter.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/copy-of-longer-leases-good-or-bad", "title": "Copy of Longer leases: Good or bad?", "body": "\n\n\n\nReal estate firm Colliers International (Thailand) has published an\n insightful report\n looking at the topical yet controversial issue of 99-year property leases in the Kingdom.\n\n\nThe report looks at both sides of the argument, listing the pros and cons on each side of the debate.\n\n\nIn its conclusion, Colliers said it believes that 99-year leases would, overall, be a good thing for Thailand and should be supported.\n\n\n\u201cGiven the problems experienced implementing the Leasehold Act, the logical and simplest way to reform the leasehold system would be to amend the terms of the Civil & Commercial Code from stipulating a maximum term of 30-years to a maximum term of 99-years.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIt added that in order to make sure the amendment is used for its intended purpose of encouraging urban property development, rather than allowing massive land grabs, it may be necessary to maintain the restriction of 30 years on agricultural or rural land while allowing 99-years on urban and resort properties.\n\n\nDot Property Group\n believes this is one of the most informative documents on the topic and anyone with an interest in property and real estate in Thailand should \ndownload the research document\n.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/copy-of-more-crowdfunders-for-coassets", "title": "More crowdfunders for CoAssets", "body": "\n\n\n\nStrong growth, especially in Malaysia and Indonesia, has seen the Singapore-born Australian Stock Exchange real estate crowdfunding platform CoAssets exceed 30,000 registered users.\n\n\nDuring last month alone the company boosted its user base by more than 30 percent.\n\n\nIn a statement, the company said users are attracted to the company by the strong financial returns, reliability and ease-of-use of its platform, as well as the ability to gain investment exposure to property developments throughout Southeast Asia.\n\n\nGetty Goh, Chief Executive Officer of CoAssets, said: \u201cWe are delighted to have reached 30,000 users, and this milestone demonstrates the reliability of our platform, and real proof of the property crowdfunding concept.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCoAssets was founded in May 2013 with a 100 percent Singapore database. Today the user base is more diversified with 67 percent located in Singapore, 16 percent in Malaysia, 10 percent in Indonesia and 7 percent in other countries including Thailand, the Philippines, China and Australia.\n\n"} {"url": "https://www.dotproperty.com.my/blog/copy-of-thb50m-price-for-mahasamutr", "title": "THB50m price for MahaSamutr", "body": "\n\n\n\nPace Development has revealed that villa prices at its MahaSamutr development in Hua Hin, Thailand, (pictured) will start from THB 50 million.\n\n\nThe developer of the MahaNakhon high-end mixed-use development, unveiled its MahaSamutr Villas Hua Hin, a resort that will offers a blend of luxury and relaxation, featuring scenic view of MahaSamutr Lagoon.\n\n\nVilla owners will enjoy lifetime memberships and services at MahaSamutr Country Club, and the first phase of villas will be ready to move in during the fourth quarter of this year.\n\n\nSorapoj Techakraisri, Chief Executive Officer of Pace Development Corporation said there has been a big growth in real estate development in Hua Hin as it is a popular resort destination with a close proximity to Bangkok.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cMahaSamutr\u201d consists of the MahaSamutr Villa project, a cluster of 80 exclusive luxurious villas, and the MahaSamutr Country Club , the first and only private members-only club in Hua Hin which\n\nwas unveiled in 2015.\n\n\n\u201cWe want to give Hua Hin a different experience, thus we develop a world-class standard country club complete with Asia\u2019s largest man-made turquoise Crystal Lagoon, and private luxury resort villas all in a single location. The villa owners will enjoy the experience and true meaning of relaxation thanks to these three components.\u201d\n\n\nEach villa will have four-bedrooms, five-bathrooms and a maid\u2019s room, complete with parking for three cars. Currently sales of MahaSamutr villas stand at 40 percent.\n\n\nIn addition to the MahaSamutr development, Pace currently has two residential properties under\u00a0construction, namely The Ritz-Carlton Residences, Bangkok at MahaNakhon and Nimit Langsuan. Total sales worth a combined value of approximately THB 22 billion can be recognised over the next three years (2016-2018), beginning this year, is said.\n\n\nThe company has backlog worth a total of THB 14 billion. The company recently announced a new residential development on Naradhiwas-Rajanakarin Road, while an investment plan in Niseko, a famous ski resort town in Hokkaido in Japan, is also under consideration.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/costly-offices-top-city-named", "title": "Costly offices? Top city named", "body": "\n\n\n\nOne Asian city has come out on top of a new ranking of global premium office rental space costs, published today by real estate firm JLL. Can you guess which one?\n\n\nHong Kong has been named as the world\u2019s costliest office space location, beating London to the top spot in the first edition of the company\u2019s Global Premium Office Rent Tracker.\n\n\nRenting a top quality office in Hong Kong will set you back an average of US$262 per sq ft per year as strong tenant demand and shortages of premium grade space push prices up. This compares with London, where rents in the best buildings average US$ 240 per sq ft per year. Beijing, which is rapidly extending its global business networks, ranked third at US$ 199 per sq ft per year.\n\n\nIn New York, top rents average US$ 171 as the technology and media sectors increasingly drive demand.\u00a0Shanghai ranks fifth globally at US$ 136, supported by the growth of domestic companies.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cOur research reveals that three of the top five cities with the costliest office rents are in Asia and half of the top 10 are Asian cities,\u201d said Chris Archibold, Head of Markets at JLL Singapore.\n\n\n\u201cA large part of the global growth is now driven out of Asia and international businesses will continue to be keen to set up their presence in the region; some of these markets have a shortage of supply driving rents northwards. In order to remain competitive from a real estate perspective, these cities will need to ensure a supply of appropriately priced, flexible commercial space.\u201d\n\n\nSingapore, Sydney Offer Cost Advantage\n\n\nEstablished world cities such as Singapore (ranked 11th), where new supply is helping affordability, have comparatively lower occupancy costs. In Asia-Pacific, Sydney (ranked 20th) with average rents of US$60 per sq ft per year, also offers significant cost advantages. Other Asia-Pacific cities included in the top 10 global rankings were Tokyo and Delhi.\n\n\n\u201cWe are in a new era of city competition, where cities are fighting to secure the world\u2019s most dynamic corporations, attract the best talent and pull in capital, both of which are highly mobile,\u201d said Megan Walters, Head of Capital Markets Research in Asia Pacific.\n\n\n\u201cNowhere is this intense competition between cities better epitomised than in the demand for premium office buildings in the world\u2019s most prestigious commercial office districts.\u201d\n\n\n\u00a0\n\n\n\n\nAbout the JLL Global Premium Office Rent Tracker\n\n\nIn this first edition, the report\u2019s focus is on office occupation costs across 24 cities of differing function and evolution, ranging from established world cities (such as New York, London and Tokyo) through to emerging world cities (like Shanghai, Moscow and Mumbai) and new world cities (as typified by San Francisco, Boston and Toronto). The Tracker includes the key elements of occupancy costs \u2013 net effective rent, service charges and property tax \u2013 all standardised to enable international comparisons.\n\n"} {"url": "https://www.dotproperty.com.my/blog/cover-story-award-winning-villas-rentals-concierge-provided-ivl-property-experts-koh-samui", "title": "Cover Story: Award winning villas with rentals and concierge provided by IVL Property, experts on Koh Samui", "body": "\n\nThis story appeared on the cover of Dot Property Magazine. \nClick here to see it in the magazine\n.\n\n\nKoh Samui based IVL Property, \nwinner of Best Real Estate Agencies Southeast Asia 2018 at the Dot Property Southeast Asia Awards 2018\n, is proud to be involved in the development and operations of the stunning villas at The Ridge, now completed and available for long weekends away from the city.\n\n\nThe Ridge\n, winner of Best Residential Development \u2013 Koh Samui, is a collection of ten stylish pool villas with an outstanding design that offers a seamless indoor and outdoor experience. This allows each residence to take advantage of the breeze, natural light and magnificent views.\n\u00a0\n\n\nEach villa, ranging from three to five bedrooms, is wonderfully furnished, fabulously decorated and well equipped to make your Koh Samui holidays memorable. All bedrooms have ensuite bathrooms with rain showers while some are also fitted with baths that provide a view. All bedrooms feature private, furnished balconies.\n\u00a0\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe open concept living and dining rooms are separated from the kitchen by a convenient breakfast island and open onto furnished poolside terraces. The villas are wired for sound, have home entertainment systems and dedicated high speed WiFi.\u00a0\u00a0 \n\n\nHotel like services in the privacy of your own villa at The Ridge\n\n\nThe Ridge represents a new way of vacationing; mixing the privacy of a chic pool villa with all the amenities of a hotel. Enjoy a fresh, chef prepared breakfast and allow our villa staff to take care of housekeeping while you lounge by the pool.\n\u00a0\n\n\nIVL concierge services are offered at the time of booking with guests regularly choosing to pre-stock their villa with food and drinks. What\u2019s more, most guests take advantage of the massage upon arrival service to get into holiday mode. Upon check in, our staff explains the features of the villa and connects you to our new concierge smartphone app that allows guests to browse and select options in their own language to make the most out of their Koh Samui holidays. Maps, menus, in villa services, drivers, attractions and boat tours can all be booked from the smartphone app, which also connects guests directly to the international team at IVL, experts on Koh Samui. Local support in English, Chinese, French, Japanese, Russian and Thai is available.\n\u00a0\n\n\nThe Ridge Phase 2 to commence in early 2019\n\n\nThe Ridge Phase 2 will see the entire award winning development optimised with the addition of a full reception area with an office plus communal areas for guests and owners and a gym with multipurpose space that can be used for yoga, stretching or as a kids playroom. \n\n\nThe addition of a back of house area with chef-staffed kitchen for daily breakfasts and other meals on request and facilities for live-in staff allows for a richer customer experience. \n\n\nThe Ridge is located in Plai Laem, just minutes away from the IVL Property office. It\u2019s easy to schedule a villa walk through while you are on the island as we have completed and off-plan villas for sale.\n\u00a0\n\n\nOasis Samui\n\n\nIn the mellow area of the island, south of Lamai, we have \nOasis Samui\n, also winner of winner of \nBest Development \u2013 Koh Samui\n. This collection of stunning pool villas fringed with palm trees sits on a gentle hill and boasts a sea view. The Oasis Samui three-bedroom villa showroom has been furnished and decorated by our IVL Property design partners at Orchid House Design and is only THB19.38 million. Phase 1 is 70 percent sold out with several models completed. Additionally, Phase 2 villas are available for sale off-plan with four-bedroom villas available for THB33.88 million.\n\n\nVillas at Oasis Samui feature super-high ceilings with full window frontage allowing for plenty of natural light plus impressive views and will be available for rental through IVL Property, with full concierge services starting in 2019.\n\n\nContact the \nIVL \nProperty\n\u00a0office to book a walk through at The Ridge or Oasis Samui and find the ideal villa for your investment, holidays and retirement.\n\n\nPhoto credits to our marketing partner Barefoot Luxury Villas Samui and Koh Samui-based photographer Leslie Fisher.\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/cover-story-phukets-best-residential-investment-villa", "title": "Cover Story: Phuket\u2019s best residential and investment villa", "body": "\n\nThis story on Anchan Hills appeared on the cover of Dot Property Magazine. \nClick here to read this issue\n!\u00a0\n\n\n\u201cWhen people think of Phuket, they definitely think about a relaxing vacation and basking in the joy of the island\u2019s sunny days. A place where they can enjoy activities on white sandy beaches, celebrate their events, share fantastic moments and cap ofF these wonderful times with dinner as the sun sets. Our inspiration with Anchan Hills is to create homes that fulfil this happiness and allow residents to live life as if every day was a holiday.\u201d\n\n\n\u2013 Preechapol Sae-Tiw, Founder of Anchan Hills\n\n\nThe location of Anchan Hills allows those staying here to enjoy the best life has to offer. The development is close to the neighbourhood of Laguna Village, one of the island\u2019s most desirable residential areas.\n\n\nModern shops and stores are nearby, providing convenience while the development itself is secluded allowing for peace and tranquillity. Additionally, the pristine Bang Tao Beach is a short-drive away where residents can enjoy the beautiful blue waters of the sea.\n\n\n\u201cAnchan Hills is very close to the Bang Tao Beach area which has one of the most well-known white sand beaches in all of Phuket. The beach is five-kilometres long and faces out to the west coast with the national park at Layan towards the north end. The area itself has a number of famous restaurants, clubs, bars, shops, golf courses and spas, all of which can easily be accessed from Anchan Hills,\u201d Preechapol Sae-Tiw, Anchan Hills Founder, explains.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOnly the best\n\n\nWhen Anchan Hills claims to be the best, the project has the credentials to back it up. It was named Best Luxury Villa Development at the Dot Property Southeast Asia Awards 2018 in addition to being honoured with several other awards. Developer Pearl Island Properties has left no stone unturned in search of crafting the absolute best villas.\n\n\n\u201cWe use materials that are in the upper range of quality while also utilising luxurious architecture and interior design details. Our goal is to ensure that every villa meets the requirements of even the most discerning buyer or investor,\u201d Preechapol says. \u201cThose buying an Anchan property can be rest assured knowing they will receive the most flexible and secure investment property.\u201d\n\n\nThe natural materials, quality fittings and Balinese-style architecture creates a striking appearance that embraces the island\u2019s tropical charm. This is evident in the harmony found between the internal and external spaces of each villa. It\u2019s the design language that allows Anchan Hills to capture the Phuket holiday lifestyle experience.\n\n\n\u201cTwo of the main features of the villas are the special wooden roof design and the green slate walls. These elements create a natural appearance for all residences that provides a relaxing ambiance,\u201d Preechapol details.\n\n\nAnchan Hills villa features\n\n\n\n\n\n\n\n\n\n\n\n\nBuilt-in \u201cAbsolute Kitchens\u201d\n\n\nAluminium doors and Sun-Paradise windows\n\n\nPorcelain floor tiles imported from Italy\n\n\n\u00a0Green Slate stone walls imported from Spain\n\n\nBalinese Stone swimming pool tiles\n\n\n\u00a0Travertine Marble bathroom tiles\n\n\n\n\n\n\n\n\n\n\n\n\nNo better investment\n\n\nThe location and luxurious villas means Anchan Hills is an exciting investment opportunity. The developer offers a guaranteed rental income of six percent of the final selling price of the property annually for five calendar years. The generous returns are far more than what you would find when buying property in places like London or Singapore.\n\n\nBut this is only half the story. As part of the rental programme, owners can stay at Anchan Hills for up to 30 nights each year. This option is ideal for those who want a luxurious residence in Phuket that is sure to bring in passive income. The development uses a point system for owners that works as follows:\n\n\nPeak Period:\u00a0\n20 December \u2013 28 February (1-night = 3 points)\n\n\nHigh Period:\u00a0\n1 \u2013 19 December, 1 March \u2013 30 April, 15 July \u2013 15 August (1-night = 2 points)\n\n\nNormal Period:\u00a0\n1 May \u2013 14 July, 16 August \u2013 30 November (1-night = 1 point)\n\n\nOwners who purchase the furniture and rental accessory package are eligible to join the rental programme. Preechapol notes that the package is well designed and every last item has been hand picked by the company\u2019s professional design team.\n\n\nAnd regardless of if you\u2019re staying at the villa or it has been rented out, the experienced aftersales service team is always on hand to ensure your property is being looked after.\n\n\n\u201cAs a proud property developer, we are passionate in helping our homeowners keep their villas well maintained at all times. Our experienced Villa Services Team is here to provide housekeeping, pool cleaning and gardening service during your stay and while you are away,\u201d Preechapol says. \u201cWe are also happy to go the extra mile to make sure each homeowner and guest experiences the most relaxing and unforgettable stay possible.\u201d\n\n\nAn easy process\n\n\nThe buying process is very easy regardless of if you\u2019re an overseas investor or local resident. \nPearl Island Properties\n\u00a0has helped countless clients over the years and Preechapol points out that the high number of repeat buyers at Anchan projects highlights the company\u2019s commitment to service.\n\n\nFor overseas buyers, it is recommended they choose the leasehold option, which will allow them to hold the property for up to 90 years.\n\n\n\u201cOwning the villa in your name and registering for a 30-year land lease is the most convenient option for a foreigner holding a non-condominium property in Thailand. The lease can be extended twice for a total of 60 years with the length of the lease extending to 90 years altogether,\u201d Preechapol states. \u201cOur lawyer is willing to advise you on all details of the legal process to ensure a smooth transaction.\u201d\n\n\nAnchan Hills is just one of a number of developments Pearl Island Properties has worked since being founded more than a decade ago. The company\u2019s \nAnchan \nVillas\n\u00a0project has been well received by clients since launching.\n\n\n\u201cIn terms of luxury residential real estate, our company has been recognised as one of the best developers in Phuket. With each and every phase, all of the villas we have created have been improved in both detail and quality,\u201d Preechapol details. \u201cWith more than 10 years\u2019 experience, we continue to present amazing accommodations for investors and end users who want to take part in the holiday lifestyle Phuket offers.\u201d\n\n\nEverything the company does is guided by one simple principle that Preechapol explains: \u201cWe build homes for our customers as if they were our own. We attach great importance to customer satisfaction so they can take pride in owning an Anchan property.\u201d\n\n\nFor more information, please visit:\n\u00a0\nwww.anchanvillas.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/cover-story-skill-knowledge-passion-helped-bridge-estate-become-one-thailands-best-real-estate-agencies", "title": "Cover Story: Skill, knowledge and passion helped Bridge Estate become one of Thailand\u2019s Best Real Estate Agencies", "body": "\n\nBridge Estate Managing Director Khun Pitchakorn Meesak and her team have led the agency to great success\n\n\nThis article on Bridge Estate was the cover story in the latest issue of Dot Property Magazine. You can download the latest issue\u00a0\nright here\n or \nlearn more about it here\n.\n\n\nBridge Estate may not be the oldest real estate agency in Thailand, but the firm has quickly made a name for itself. Today, it is one of the most trusted companies in the real estate industry with the firm\u2019s hard work recently recognized at the Dot Property Thailand Awards 2020.\n\n\nYou can tell a lot about the character of a company from the name it selects. This is no different for Bridge Estate with its name serving as a constant reminder of the agency\u2019s mission. The company strives to bridge the gap in the real estate industry by building relationships, connecting people and delivering an unprecedented level of service throughout the entire transaction and thereafter.\n\n\nIn order to accomplish these ambitious goals, the agency needed an approach that wasn\u2019t being offered in Thailand.\n\n\n\u201cOur relentless passion and personal commitment are what distinguishes us from others. Our mission is to offer each and every client a worry-free experience by providing the fully integrated service in real estate, sell or purchase transaction and tenancy management,\u201d Khun Pitchakorn Meesak (Jarn), Bridge Estate Managing Director, tells Dot Property.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBridge Estate was established in 2019 but the team boasts more than 15 years of experience in the property sector. It utilizes this experience and knowledge to offer a full range of real estate services.\n\n\n\u201cWe are a team of highly-experienced professionals with skills and passion. Our expertise is in providing efficient sales and marketing strategies. We are dedicated to providing comprehensive solutions for both local and international homeowners, investors and tenants,\u201d Khun Jarn says.\n\n\nFrom inquiry to aftersales service, Bridge Estate is truly bridging the gap for international clients, helping them navigate the Thai market. The company has developed several programs that allow it to efficiently carry out its goals. These include Bridge More, a property care management program that streamlines the post-transaction experience.\n\n\n\u201cThe Bridge More service is for both leisure and business clients in Thailand. Our service can be tailored upon clients\u2019 needs and requirements, covering all aftersales services from transfer of ownership to leasing and resales,\u201d Khun Jarn details. \u201cIn essence, we enable you to do more with your time by providing comprehensive, hassle-free property care that includes a furniture and interior decoration service along with management solutions.\u201d\n\n\nThis is something that is extremely important for overseas property buyers, a group Bridge Estate has a lot of experience working with. In fact, one reason Khun Jarn launched Bridge Estate was in order to help facilitate cross-border real estate transactions.\n\n\n\u201cBridge Estate was founded to respond to the growing demand of cross-border real estate transactions throughout Thailand, across both inbound and outbound investment channels,\u201d Khun Jarn explains. \u201cManaged by a team of established industry professionals from both the developer and agency sides, we strive to create high success levels for our clientele based on our decades of execution experience in local and international markets.\u201d\n\n\nClient success is something valued very highly by the entire team at Bridge Estate. The agency is committed to making the process as smooth as possible for both investors and end users.\n\n\n\u201cWe strive to reach high levels of success for our clients, based on our decades of execution experiences in local and international markets. We can generate revenue from property investment while guaranteeing the best condition of the property is maintained. Investors can enjoy the full benefits of a hassle-free investment,\u201d Khun Jarn notes. \u201cThe result is delivering \u201cbest of the best\u201d service and the highest possible success rate for all our clients.\u201d\n\n\nA milestone achievement\n\n\nThai developer SC Asset selected Bridge Estate to be the sole agent of 28 Chidlom\n\n\nOne of the biggest milestones for any real estate agency is becoming the sole agent for a marquee development. Usually sole agent partnerships are reserved for brand name consultancies. However, leading Thai developer SC Asset selected Bridge Estate to be the sole agent of 28 Chidlom, an iconic luxury freehold condominium in the heart of Bangkok.\n\n\nFor a developer the size of SC Asset to trust Bridge Estate is truly a sign that the agency is among Thailand\u2019s elite. And for Bridge Estate, being the sole agent of 28 Chidlom allows them to exclusively offer clients residences in a landmark Bangkok development.\n\n\n\u201cWhat impresses me the most about 28 Chidlom is that it manifests SC Asset\u2019s top standard of excellence to offer high-class living facilities. It is the destination for a perfect home and ideal for long-term lease because it offers the best. The best location in Bangkok, the best amenities, the best living experience and the best possible investment,\u201d Khun Jarn says.\n\n\nThe project is built on one of the last land plots in the Chit Lom area which means property values will increase over time if history is any indication. In 2006, Central Group acquired part of the British Embassy on the nearby Phloen Chit Road for THB900,000 per square wah. More than a decade later the Thai retail giant acquired the remainder of the land for THB2 million per square wah.\n\n\nCiting the 110 percent land price increase at a site less than 500 meters away, Khun Jarn believes 28 Chidlom will see outstanding rental returns and capital gains. It may also be the last opportunities for the public to own a freehold residence in Chit Lom which will support price growth further. However, the luxury condominium has a lot more going on beside its outstanding location.\n\n\n\u201c28 Chidlom has been designed to be one of the Chit Lom area\u2019s most iconic landmarks. It has a rare, \u2018Jewel box\u2019 fa\u00e7ade design that makes it stand out from other nearby projects. There are also world-class facilities along with 5-star concierge services that will delight those living here,\u201d Khun Jarn points out.\n\n\n28 Chidlom features an Urban Oasis concept\n\n\nAnd while the project is iconic from the outside, the interior design is just as appealing. It starts with the \u201cUrban Oasis\u201d concept that sees the majority of the ground floor area dedicated to green spaces. This greenery has been crafted so it connects to the interiors and can be experienced from everywhere.\n\n\nThe loft-style design of units at 28 Chidlom means all residences have a ceiling height of at least three meters. Additionally, all units were meticulously designed to ensure optimal space usage. Each one comes fully fitted with premium materials that help combine function and design.\n\n\nResidences also come with full-height windows that allow natural sunlight to shine through while providing breathtaking views of Bangkok. The latest in window technology has been used to ensure residents are insulated against heat and noise. All of the features have been incorporated into every last unit to guarantee those living here will always have the best in privacy and comfort.\n\n\nBecoming the best\n\n\nKhun Pitchakorn Meesak at the Dot Property Thailand Awards 2020\n\n\nFor Bridge Estate, \nbeing named as one of Thailand\u2019s Best Real Estate Agencies at the Dot Property Awards Thailand 2020\n was another sign the company is moving in the right direction.\n\n\n\u201cWe are proud to be awarded as Thailand\u2019s Best Real Estate Agencies at the Dot Property Awards Thailand 2020. In fact, this is the second consecutive year we have won the award,\u201d Khun Jarn notes.\n\n\nOf course, Bridge Estate has no plans to rest on its previous accomplishments despite an award-winning pedigree. The firm is already looking to build upon this success in order to offer its clients the absolute best moving forward.\n\n\n\u201cAt Bridge Estate, we aim to provide the best living solutions for clients whether they\u2019re searching for a dream home or need fully managed investment for their properties. Our goal is not to be just another hit-and-run agency, but to be one of the most trusted agencies for clients and developers in the long term,\u201d Khun Jarn proclaims.\n\n\nFor more information about Bridge Estate:\n\n\nwww.bridgethailand.com\n\n\nTel. +66 (0)99 419 6364\n\n\nEmail. \n[email\u00a0protected]\n\n"} {"url": "https://www.dotproperty.com.my/blog/cover-story-the-inspiration-behind-pattayas-residential-masterpiece", "title": "Cover Story: The inspiration behind Pattaya\u2019s residential masterpiece", "body": "\n\nPattaya\u2019s residential masterpiece,\u00a0AROM Wongamat, appears on the cover of Dot Property Magazine.\u00a0\nClick here to read it\n!\n\n\nPattaya is changing. It has become a destination for Bangkokians who want to leave the urban life behind on weekends or holidays. The city is also bringing in a wave of entrepreneurs and employees looking for upscale residences that provide style, comfort and convenience.\n\n\nColours Development is out in front of this change. Through the firm\u2019s \u2018Living Beyond Possibility\u2019 concept, it looks to create projects that set new standards for real estate along Thailand\u2019s Eastern Seaboard. This decision was based not only on what Pattaya is becoming, but also what the city will be in the future.\n\n\n\u201cThe Easter Economic Corridor (EEC) is transforming Pattaya into a Smart City and a place that is attractive for businesses to expand into. This has created demand from a different type of homebuyer,\u201d Khun Park Thannaakkarachol, Colours Development CEO & Founder, explains. \u201cThe area will continue to be popular with tourists as well. Several initiatives, such as the Jomtien Beach Sand Reclamation Project, are ensuring this is a place everyone wants to visit.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFrom a residential real estate perspective, COVID-19 sped up changes in demand, especially as it relates to condominiums. Research from Dot Property Group found that enquiries made through the network\u2019s websites rose for units priced at THB10 million and above during the pandemic. Meanwhile, there was a noticeable decline in demand for condominiums with an asking price below THB5 million.\n\n\nTo put this in other terms, property buyers in Pattaya are now after luxury condominiums that offer a quality living experience. There is an emphasis on more space, better amenities and greater convenience.\n\n\nDelivering that is what drives Colours Development in its quest to empower residents to live beyond what is possible. This led to the launch of AROM Wongamat, a stunning high-rise condominium that stands out as a residential masterpiece.\n\n\nRead More:\n\u00a0\nA brief guide to Pattaya condo investment in 2022\n\n\nA residential masterpiece rises \n\n\nEvery unit at AROM Wongamat offers a full sea view\n\n\nAROM Wongamat sits on top of what has been called the last piece of land on Wong Amat Beach. For Colours Development, there was a responsibility to launch a project befitting of this rare plot.\n\n\n\u201cThere is nothing to block the land AROM Wongamat sits on. This is quite hard to find,\u201d Khun Park stated. \u201cOur team realized the uniqueness of the land and wanted to create residences that would be seen as a legacy holding for the person who owns it. To accomplish this, we selected Thailand\u2019s best designer who fully understood what the land represented.\u201d\n\n\nSituated along the beach and next to several of Pattaya\u2019s iconic destinations, including Surf & Turf Beach Club & Restaurant and Pullman Pattaya Hotel, AROM Wongamat will undoubtably be among the city\u2019s most prestigious addresses once completed in 2024.\n\n\nWhat\u2019s more, this is a location where supply outstrips demand. According to data from Colliers International Thailand, Wong Amat Beach has the second highest property sales rate in Pattaya. But with no land for future projects, opportunities to own a residence here will most likely be limited moving forward.\n\n\nLocation alone is not enough to build a masterpiece, however. Design plays a vital role as well. There are a number of outstanding elements found throughout AROM Wongamat, but let\u2019s start with the most notable one. All residences boast direct sea views. This is extremely rare for a beachfront development in \nPattaya\n.\n\n\nThese beautiful vistas have been accentuated through thoughtfully curated living spaces which merge artistry and functionality. Furniture and fixtures using low toxicity fabrics and materials that have been recycled or harvested sustainably were selected. All of this has been tied together with creativity and fine craftsmanship to ensure a wonderful home.\n\n\nThis beauty extends to the project\u2019s exterior where glass terraces reach out from the tower to create texture and light while curved details reflect the motion of waves and the wind. The 55-storey building is remarkable in every sense of the world.\n\n\nEnjoy direct beach access\n\n\nAROM Wongamat also boasts a long list of impressive amenities. From direct beach access that is only steps outside the lobby to rooftop facilities offering gorgeous panoramic views, convenience and fun can be found just around corner.\n\n\nUltimately, there is real substance behind the unmatched style of AROM Wongamat. This is something Colours Development focused on. The homebuilder wanted the condominium to be more than a nice place. Its goal was to craft an unrivaled living experience that went beyond anything available in Pattaya.\n\n\n\u201cLuxury doesn\u2019t always mean the most expensive. It is about having good tastes when it comes to lifestyle choices,\u201d Khun Park notes. \u201cBesides designing the project to guarantee residents get the most out of beachfront living, including providing direct sea views in all units, we also wanted to ensure a quality lifestyle through concierge services.\u201d\n\n\nColours Development\u2019s work on AROM Wongamat was rewarded at the Dot Property Thailand Awards 2021 when the project was named Best Luxury Condominium Eastern Seaboard.\n\n\n\u201cWinning the Best Luxury Condominium Eastern Seaboard award was vindication of the driving force behind the project development team. Our mindset is dare to think. We are committed to developing projects that reach new standards of real estate on the Eastern Seaboard and this award symbolizes our journey down that path,\u201d Khun Park explained. \u201cIt is also inspiring us to create new works that will be released this year.\u201d\n\n\nSee available units in the condominium\n\n\nThe next collection\n\n\nAROM Wongamat is the first project in the AROM Collection, the signature series from Colours Development. The firm sees this as a chance to expand upon its \u2018Living Beyond Possibility\u2019 concept while responding to real demand.\n\n\n\u201cThe AROM COLLECTION maintains the best project development concept for homebuyers wanting a luxury residence. This is a segment where demand remains strong,\u201d Khun Chalermphon Khoncham, Colours Development CEO & Founder, says. \u201cBased on the number of customers who visited AROM Wongamat and the project\u2019s sales, these are the types of homes people are looking for in Pattaya.\u201d\n\n\nOne of the most exciting upcoming launches under the AROM Collection is AROM Jomtien. The condominium is being tailored to suit different lifestyles while offering all residents the absolute best.\n\n\n\u201cFor AROM Jomtien, we are partnering with top-notch designers who are looking to create a low-density space where residents can enjoy the beauty of the surroundings,\u201d Khun Park explains. \u201cPrivacy is something that is important as well. Additionally, every unit will have direct sea views much like AROM Wongamat. We are planning to announce more details soon, but this will be a very worthwhile investment.\u201d\n\n\nAROM Jomtien is located at the heart of Jomtien Beach, a vibrant place known for its beautiful sunsets. It\u2019s also undergoing a huge restoration effort that is adding 680,000 cubic meters of sand to combat the effects of costal erosion and make it a usable area for future generations.\n\n\nRelated:\n\u00a0\nExports surge led to stronger Eastern Seaboard residential demand last year\n\n\nThe creator of\u00a0AROM Wongamat\n\n\nColours Development celebrates at the Dot Property Thailand Awards 2021\n\n\nThe ambitious aims of Colours Development are a product of its background. The firm was born in 2020 through the merger of three major real estate companies with each one boasting unique perspectives and areas of expertise.\n\n\nApus Development Group, The Urban Property and Sirisa Group have a combined 30 years of experience and have completed more than 60 projects. But by joining forces, the trio realized they could create a new future for living across the Eastern Seaboard and Thailand as a whole.\n\n\n\u201cColours Development sets the bar high, not just in terms of our own rigorous standards, but also when it comes to our key partnerships. We actively seek partners with peerless reputations in their fields,\u201d Khun Park details. \u201cWe are excited to build upon the success of AROM Wongamat and the AROM Collection will allow us to further elevate the standard of property in Pattaya and beyond.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/covid-19-will-change-views-air-conditioning-solution-already", "title": "COVID-19 will change our views on air conditioning, but the solution is already here", "body": "\n\nThe cooling system installed at Suvarnabhumi Airport in Bangkok may contain the answer to cooling challenges \n\n\nIt\u2019s easy to forget about air conditioning. A/C units are found just about everywhere in Southeast Asia. No one ever notices them until there is a problem. However, COVID-19 is changing the way we think about our entire routine and this includes air conditioning.\n\n\nDerek Williamson, a Vice President at one of Asia Pacific\u2019s largest cement manufacturers, noted that air conditioning is ubiquitous, although the public doesn\u2019t realize the true impact it can have beyond the fact A/C units make the places we inhabit more comfortable.\n\n\n\u201cWhen you look around, you will find all types of A/C units. No matter the size, cooling system or price, all of them have one thing in common \u2013 directional air flow! Air blows from air conditioning in homes, schools, movie theaters, malls and anywhere else with an A/C unit,\u201d Williamson explained. \u201cAll those public places are closed in most countries right now, but as we prepare to reopen, we should think about the role air conditioning plays when it comes to preventing the spread of viruses.\u201d\n\n\nAs Williamson pointed out, A/C units are found everywhere. There are large units found high above us in the 15-meter ceilings of shopping malls. The standard 3.5-meter ceiling condo unit that can be found just about everywhere in the region has a much smaller A/C system in place. There may be a large discrepancy when it comes to cooling power, but they both work on a similar principle. That is blowing cold air around the available space to bring the average temperature down to the level where most of us are comfortable.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cBefore COVID-19, no one thought much about all that air blowing around in a public place. But imagine you have an infected person in the room with hundreds of liters of airflow per minute moving in a rather random manner throughout the space. I think you can see what I am getting at here,\u201d Williamson said.\n\n\nSee more:\n \nWhat impact will COVID-19 have on property investment?\n\n\nAir conditioning alternatives in a post COVID-19 world\n\n\nWe are all familiar with social distancing by now. As we\u2019ve seen in recent months, it is a very effective tool in preventing a disease from spreading. But it\u2019s not nearly as powerful if you turn on those A/C units and start blowing air all around. There is an alternative, but according to Williamson, the solution isn\u2019t partially filtering virus-infected air while blowing a massive volume of clean air around a venue.\n\n\n\u201cThe alternatives already exist and have been around for a long time. In fact, they can already be found inside \nThailand\u2019s famous Suvarnabhumi Airport in Bangkok\n. The temperature inside the terminal isn\u2019t moderated by massive A/C units blowing air around, but by coldness coming out of the facility\u2019s concrete floor and concrete ceiling,\u201d Williamson detailed. \u201cThis creates a radiation effect similar to being in a refrigerator.\u201d\n\n\nHe continues, \u201cOf course, you\u2019re probably wondering how exactly this works. In a nutshell, chilled water runs through pipes inside the concrete which has excellent heat absorption properties that allow it to store and subsequently radiate low temperatures into the building. This reduces the need for large fans blowing cold air around a building, lessening the risk that viruses travel away from the infected person.\u201d\n\n\nFor many buildings owner or developers launching new projects, this cooling technique presents a unique alternative to traditional air conditioning. It does require investment as you\u2019ll first need to review designs and then purchase and install the pipes. However, Williamson believes the upside far outweighs the initial costs.\n\n\n\u201cCOVID-19 has made people more aware of airborne diseases and how they are spread. People won\u2019t want to congregate in buildings where they are more at risk. This is a real, proven alternative to traditional air conditioning. I have been involved with a couple projects in Southeast Asia and a significant number of future buildings are already adopting the technology,\u201d Williamson pointed out. \u201cIn the meantime, let\u2019s look forward to a nice and simple dinner with real chairs and tables in our favorite restaurant. But for all of our sakes, let\u2019s hope they turn the A/C off!\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/create-ultimate-hotel-inspired-bathroom-home", "title": "Create the ultimate hotel-inspired bathroom in your home", "body": "\n\nThe bathroom has become an ever more important space for relaxation and rejuvenation, away from distractions and disturbances that life can bring. Once seen as a utilitarian space, homeowners are now placing more emphasis on the bathroom. Many aim to create an enjoyable private space which resembles the stylish facilities found in 5-star hotels.\n\n\nHansgrohe Singapore\u2019s brands \nAXOR\n and \nhansgrohe\n, have fitted countless high-end hotels throughout Asia. The award-winning company shares some tips for homeowners with us that will allow them to bring the same sophistication to their own hotel-inspired bathroom.\n\n\nColours \n\n\nLike the bedroom, the bathroom is a space characterised by one\u2019s individual taste, and reflects the personality of the occupants. While standard colours like white have dominated interior design for years, they have become insufficient to meet the changing needs of homeowners, who are seeking to individualise their bathroom through different ways.\n\n\nIn order to create a luxurious hotel-inspired bathroom, colours can be one of the aspects homeowners must consider when designing their private space. Fiery red and orange tones, often used as accents in the living space with modern furniture and accessories, symbolise energy, strength and intimacy, while blue shades create a cosy ambience with a soothing effect with connotations of nature or the ocean.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOther than tiles and walls in the bathroom, colours can apply to bathroom fittings too. The AXOR brand offers a bespoke customisation service for bathroom fittings manufactured with Physical Vapour Deposition (PVD), adding a personal touch to the bathroom. These iconic bathroom fittings in special finishes such as bronze, nickel or red gold, brushed or polished, are exceptionally aesthetic and functional, and augment the luxury bathroom with extra character, similar to popular luxury hotel bathrooms.\n\n\nLighting, texture and scent\n\n\nThe lighting of the bathroom space, the texture of the materials and the fragrance used in the bathroom are important in creating a relaxing atmosphere. Our senses are aroused by many details. For example, we want to enjoy the rain shower on our skin, we are pleased by the soft lighting during a relaxing shower, we caress our hands over the marble counter tops and we savour the whiff of the aromas in the bathroom.\n\n\nRefined finishes bring joy, including fine grains in natural stone, non-slip wood, marbled tiles and the pattern of small mosaics and tiles. These bathroom companions, as featured in Martin Modern and Stars of Kovan residences in Singapore, have structures that please the eye and turn the bathroom into a luxurious and inviting space, bringing about a more pleasurable experience and encouraging a longer stay in the bathroom.\n\n\nThe overall bath lighting and vanity lighting can also contribute significantly to the ambience created in the bathroom. A general rule of thumb is to use different light for different purposes. When creating a hotel-inspired bathroom, it is also important not to neglect the scent of the bathroom. What many people fail to realise about those luxurious 5-star hotel bathrooms is the fact they always have a pleasing scent. It is a small detail that goes a long way.\n\n\nThemes \n\n\nA luxurious hotel bathroom is often designed with a specific theme. These can be classic, modern or even industrial concepts that tie everything together. When designing a posh bathroom for the home, it\u2019s important to decide first on the theme before searching for fittings and accessories to match the bathroom theme.\n\n\nThe JW Marriott Phu Quoc Emerald Bay Resort & Spa, a 5-star luxury hotel, features bathrooms with an impeccable classic theme. Designed by famed architect Bill Bensley, the bathrooms feature the AXOR Montreux fittings, the epitome of authenticity in perfection. Designed by AXOR and Phoenix Design, the AXOR Montreux collection pays tribute to the belle \u00e9poque of the early 20th century.\n\n\nThe industrial-themed bathrooms of The Warehouse in Singapore\u2019s in Robertson Quay offers an edge over typical bathrooms with a clean and minimalist style featuring concrete and metal. Fitted with the AXOR Shower Products designed by FRONT, the bathroom is timelessly modern with a warm welcoming effect.\n\n\nTechnology \n\n\nFor some homeowners, a hotel-inspired bathroom should be equipped with the latest technology. This is a sign of the sophisticated hospitality present in many hotel bathrooms. There are indeed bathroom fittings which feature advanced technology for the users. These create unmatched convenience and ease-of-use.\n\n\nFor more information, visit\n\u00a0\nhansgrohe.com.sg\n\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/credit-first-time-buyers", "title": "Credit for first time buyers", "body": "\n\n\n\nFirst time home buyers\u00a0will continue to have access to finance.\n\n\nIn response to recent reports regarding requests to review Bank Negara Malaysia\u2019s lending guidelines, the bank said first time home-owners will continue to have access to financing.\n\n\nIn a statement it said outstanding housing loans continued to expand at double digit levels, recording a growth of 10.6 percent as at the end of May 2016.\n\n\nAbout 75 percent of borrowers with housing loans are first time house buyers.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cWe wish to state that access to credit is not the problem confronting potential buyers in owning affordable houses,\u201d the statement said.\n\n\n\u201cThere are more fundamental issues that require resolution such as affordability and shortage of supply of reasonably priced houses.\u201d\n\n\nThe responsible financing guidelines serve to ensure that individuals borrow within their capacity to repay the borrowings.\n\n\nIt places a responsibility on banks to establish a borrower\u2019s income that will be available to meet debt repayments, after allowing for expenditures and contingencies.\n\n\nIt said this is to protect and prevent individuals from falling into financial hardship due to over borrowing, which ultimately undermines home ownership as a result of foreclosures.\n\n\nBank Negara Malaysia does not prescribe any lending limits, it said.\n\n\nLending decisions continue to be determined by a bank\u2019s business decision, reflecting its risk appetite and strategies.\n\n\nAs a general rule all first time home buyers applicants who fulfill the credit criteria and can afford to repay the debt will have access to credit.\n\n\nThe bank, Agensi Kaunseling dan Pengurusan Kredit and Association of Banks in Malaysia are continuing to engage with state authorities to improve the process for approving applicants for affordable homes to ensure that they will also be eligible for bank financing.\n\n\nThis includes helping individuals identify the steps that they can take to improve their eligibility for financing, the statement concluded.\n\n"} {"url": "https://www.dotproperty.com.my/blog/crown-group-embraces-indonesian-japanese-australian-influences-sydney-project", "title": "Crown Group embraces Indonesian, Japanese and Australian influences for Sydney project", "body": "\n\nCrown Group chairman and CEO Iwan Sunito; world-renowned Japanese architect Kengo Kuma and award-winning Sydney architect Koichi Takada are behind Mastery by Crown Group\n\n\nThe newest development from Crown Group will transform residential living in Sydney. Mastery by Crown Group is the vision of three industry leaders; Crown Group chairman and CEO Iwan Sunito; world-renowned Japanese architect Kengo Kuma and award-winning Sydney architect Koichi Takada.\n\n\nThe trio are aiming to create a space that is both eye catching and functional. Mastery by Crown Group is part of Sydney\u2019s Green Square redevelopment precinct that is five kilometres from Sydney\u2019s CBD and only three kilometres from the University of New South Wales.\n\n\n\u201cWe are so proud to bring Mastery by Crown Group to Sydney. With Mastery by Crown Group, we are creating a new urban hub; a unique community where people can meet, connect, learn, relax and play together, enjoying an enriched community life in this growing suburb,\u201d Sunito explained in a press release.\n\n\nMastery by Crown Group boasts unmatched design\n\n\nThe five-building development is the first collaboration of its kind in Sydney. An innovative, 19-storey tower is the project\u2019s centrepiece. Kuma, an internationally acclaimed architect who made the Dezeen Hot List last year, has crafted a plant-filled, green exterior designed to emulate a stacked forest.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nJapanese-born, Sydney-based architect Koichi Takada and his firm, which has won multiple awards for its residential, retail and hospitality designs, have designed three additional buildings at the development. They will bring a local flavour to Mastery by Crown Group that will mesh well with Kuma\u2019s designs.\n\n\n\u201cIt is my honour to work alongside Kuma-sensei, the Japanese master of architecture. It is a dream come true,\u201d Takada explains. \u201cI drew on an idea of \u2018green luxury,\u2019 finding inspiration in nature. Each building is designed with a \u2018human touch\u2019 to express its organic and distinct architectural character.\u201d\n\n\nThe project features 384 luxury apartments as well as resort-style amenities, such as an infinity-edge cantilevered rooftop pool, gym and community room. There is also a retail space with restaurants, cafes and shops.\n\n\nMastery by Crown Group is expected to become a vibrant and diverse community in Sydney\u2019s inner suburbs when completed in 2021. More than 40,000 jobs will be created in the Green Square area by 2030. This means units will be extremely coveted in the coming years.\n\n"} {"url": "https://www.dotproperty.com.my/blog/currency-corrections-see-cost-living-expats-fall-bangkok-hanoi", "title": "Currency corrections see cost of living for expats fall in Southeast Asia", "body": "\n\nThe cost of living for expats has declined in many parts of Southeast Asia\n\n\nThe cost of living for expats in \nBangkok\n, \nHanoi\n and many other locations across Southeast Asia fell. That was due in large\u00a0part to currencies weakening in several countries. According to the ECA International Cost of Living rankings, the Thai capital is now the 34\nth\n most expensive location for expatriates in the world while Hanoi dropped out of the top 100 altogether.\n\n\nWith the cost of living rising elsewhere globally, the \nECA International\n rankings found Southeast Asia to benefit from lower rates of inflation in addition to weakening local currencies.\n\n\n\u201cMany Southeast Asian locations have fallen in our Cost of Living rankings. This is because other countries, which were previously ranked below these locations, had experienced higher rates of inflation, which drove up their positions on the list,\u201d Lee Quane, Regional Director \u2013 Asia at ECA International, told Dot Property.\n\n\nHe continued, \u201cThis also came about as a result of Southeast Asian currencies weakening in comparison to other currencies such as the US Dollar. Thus, while prices may have increased in places like Thailand in local currency terms, the US dollar equivalent value of the surveyed items are lower in 2021 as compared to 2020.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThis is ultimately mixed news for expats in places like \nThailand\n and \nVietnam\n where the cost of living has soared over the past few years. While local prices for various goods and services may still be increasing, they are now cheaper when compared to other countries.\n\n\n\u201cAbsolute living costs have not fallen in Southeast Asia as prices have risen across most countries in the region. The rate at which prices grew in the region was in line with the wider Asia Pacific region, and is similar to the rates of inflation witnessed in other regions such as Europe and North America,\u201d Quane noted. \u201cOn the other hand, our research saw significantly larger increments in the prices of goods and services in Africa and Latin America locations, which tend to have high inflation rates historically.\u201d\n\n\nQuane cited Oslo as an example of this. The Norwegian capital overtook Bangkok on the ECA International Cost of Living rankings because price increases here where much greater than what occurred in the Thai city.\n\n\nLooking ahead, Quane predicts the cost of living for expats across most parts of the world to continue rising.\n\n\n\u201cWe believe that living costs will rise in the majority of countries throughout the remainder of 2021 and into 2022 and will continue to do so at a much higher rate compared to what we saw in our recent research. This is partly due to increases in commodity prices such as oil. It is also reflective of supply shortages of other items, combined with a demand for goods and services that are associated with economic recoveries,\u201d Quane stated. \u201cCountries with considerable manufacturing bases, such as Thailand and Vietnam, may therefore see a greater inflationary impact as compared to other locations in the region.\u201d\n\n\nThe impact of COVID-19 on the\u00a0cost of living for expats\n\n\nRemote work has become part of everyday life for many employees. With a desk or physical office no longer a barrier, a growing number of people are now looking to base themselves in places like Thailand and Vietnam.\n\n\n\u201cThe growing trend of remote working has become increasingly appealing to many for various reasons. Notably, locations in Southeast Asia, particularly those in Thailand, have surged in popularity amongst remote workers, on the account of the relatively low cost of living, combined with the good infrastructure and connectivity capabilities they are able to obtain,\u201d Quane said.\n\n\nAnd while the low cost of living for expats may prove to be attractive, there are other factors which need to be considered.\n\n\n\u201cThere are various compliance and logistical matters which may hinder people\u2019s ability to realize this shift in the short-to-medium term,\u201d Quane pointed out. \u201cThese include immigration and work permit issues, as it is difficult for non-residents to enter many countries in Asia at the present, or obtain a work permit without the sponsorship of a company in the host country.\u201d\n\n\nMeanwhile, traditional businesses will need to be mindful of just how COVID-19 has changed what employees expect when working overseas.\n\n\n\u201cThe pandemic is likely to have resulted in employees placing greater emphasis on healthcare benefits, and they are now more likely to demand for more comprehensive coverage from their employers, especially in terms of their ease of access to good-quality medical care in the locations from which they are based,\u201d Quane said. \u201cSimilarly, housing is also expected to be a pressing issue in the new normal, as the expected increase in hybrid working arrangements would lead to a greater demand for more spacious accommodation that can facilitate home-working or even home-schooling when the situation calls for it.\u201d\n\n\nUltimately, companies need to adjust to these demands either by fulfilling them directly or offering higher salaries so employees can cover the additional costs themselves.\n\n"} {"url": "https://www.dotproperty.com.my/blog/cybersecurity-and-real-estate", "title": "Cybersecurity and real estate", "body": "\n\n\n\nIs it their problem, your problem or our problem?\n\n\nHacktivism has now reached unprecedented levels. Major organisations and corporates are rarely out of the news from compromises by nation states, organised crime, competitors and individuals. With relative ease, an invisible enemy can find its way into a rich trove of trade strategy documents, IP related to product design, and large volumes of consumer data that can be exploited, sold or used for economic or military gain.\n\n\nIt is, however, our employees who remain the most cited culprits of incidents from loss of devices, poor device protection or falling victim to phishing and become unintended accomplices.\n\n\nThe theme of insider threat emerged very strongly at CoreNet Global Summit\u2019s panel debate. Daniel Cuthbert, the COO of Sensepost, a global security firm that specialises in ethical security testing, used his software to demonstrate device vulnerability amongst CoreNet\u2019s audience.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe level and extent of vulnerability was astonishing.\n\n\nCuthbert explained that whilst firms can protect their architecture and data with malware detection, vulnerability scanning tools and other types of controls and encryption, we leave ourselves exposed from two major threat sources; Bring Your Own Device policies and free wifi.\n\n\nBoth provide easy gateways. For him, the answer to the question lies with you and me and a basic\u00a0duty of care. But it became clear in the debate that real estate also needs to transform its awareness on the topic, and understand where it fits as well.\n\n\nErwin Franz-Schultz, IT architect and Technical Head of IBM\u2019s Energy & Utilities sector, outlined the vulnerabilities of enterprise networks, IP and software which are now commonly used in the built environment to control services, safety systems and plant. As a leading expert in smart grids and cyber security, he expressed the view that cyber attacks are no different to any other risk faced in scenario testing and disaster recovery planning. It simply happens to be a different type of threat which needs its own assessment and mitigation plan.\n\n\nBrian Lord, an expert in national intelligence and cyber operations, now with PGI Cyber following a career with GCHQ as Deputy Director reinforced this by urging the audience to normalise the threat. By this he meant, understand the incident, and in simple risk management terms understand the risk severity and probability of occurrence.\n\n\nHe also meant remove the emotion of the media. Most cyber attacks would be described as theft, blackmail, vandalism or anti-social behaviour if reported in the non-Cyber world.\n\n\nDespite the pragmatism, he did underline Cuthbert\u2019s view about personal responsibility and outlined how responsible organisations implement and maintain systems for storage and transfer of sensitive information and why disciplines around encryption remain highly effective.\n\n\nLord flagged up the role of property and its advisors in supply chains. In an outsourced world with complex supply chains, we are reliant on information security arrangements from multiple providers, and in turn hold data on behalf of other parties reliant on the rigour of our own information security.\n\n\nYes, Codes of Practice for Cyber Security in the Built Environment and International Standards for Information Security Management Systems, but the question remains whether we know yet what good looks like, or indeed how to answer any procurement teams questions properly ourselves. With new EU General Data Protection Regulations proposing fines of up to 5 percent of global turnover for data protection penalties, answers to these questions need to be found quickly.\n\n\nHere are some simple tips that everyone in the property and real estate industry can implement.\n\n\n\n\nTraining and awareness.\n\n\nUse classification systems for distribution of sensitive information \u2013 highly classified material will carry encryption and other protection.\n\n\nImplement business guidelines on handling of data, device use, and requirements from the supply chain. Remember that they need to be embedded into your supply chain of service providers, consultants and contractors, and that starts with vendor risk assessments.\n\n\nProtect your network \u2013 there is a vast array of products to protect networks, software and devices \u2013 companies currently spend less than 4 percent of their total IT budgets on cyber protection.\n\n\nSpend time understanding the system architectures, protections and controls in buildings that you occupy, but which may be outside of your operational control. Make sure that the landlord has undertaken a vulnerability assessment from a reputable security systems specialist and shared its findings with you.\n\n\nAs with any disaster recovery planning, develop well worked out responses to different threats.\n\n\nStop being so trusting \u2013 ask why something is free.\n\n\nThere\u2019s no excuse for poor passwords.\n\n\nGet the debate at board level, and help them to understand the reputational, financial and competitive risks they face without a robust management strategy.\n\n\nRisks and responses evolve at lightning speeds. Active collaboration with industry groups keeps you connected to the conversations.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/danajamin-guarantees-liquidity-support-skyworld", "title": "Danajamin guarantees liquidity support for SkyWorld", "body": "\n\n\n\nDatuk Ng - Founder & Group MD of SkyWorld\n\n\n\n\nThe following is a press release from SkyWorld.\n\n\nDanajamin Nasional Berhad (Danajamin), the country\u2019s first Financial Guarantee Insurer, today announced that it is guaranteeing a credit enhancement facility for Tranche 1 of the 12-year RM600 million Sukuk Musharakah Islamic Medium-Term Note (IMTN) Programme to be issued by SkyWorld Capital Berhad (Issuer), a sole-purpose vehicle wholly-owned by SkyWorld Development Sdn Bhd (SkyWorld). The credit enhancement facility is required in order for Tranche 1 of the IMTN to be accorded a AA3/Stable rating by RAM Rating Services Berhad in the Sukuk market.\n\n\nThis first issuance is made against the progress billings of the SkyAwani 1 development project in Sentul, which is the group\u2019s first affordable housing project under the Rumah Mampu Milik Wilayah Persekutuan (RUMAWIP) programme. The award-winning SkyAwani series has cemented its position as the must-owned starter homes for first-time home buyers \u2013 given its affordable price, practical layout and full-fledged condominium facilities. SkyAwani 1 Residences is also the first RUMAWIP affordable home that is in compliance with QLASSIC standards set by the Construction Industry Development Board Malaysia (\u201cCIDB\u201d).\n\n\nCommenting on the SUKUK programme, Mohamed Nazri Omar, Chief Executive Officer of Danajamin said, \u201cThis guarantee is the first structured transaction in Malaysia to monetise progress billings of a property development project. We are pleased to play a role in helping property developers such as Skyworld Capital Berhad by providing partial or full guarantee for affordable housing projects.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDecember 13, 2017\n "} {"url": "https://www.dotproperty.com.my/blog/data-centers-primed-next-big-growth-area-philippine-real-estate-industry", "title": "Data centers primed to be the next big growth area for the Philippine real estate industry", "body": "\n\nThe next big growth area for the Philippine real estate industry is relatively new and may even be unfamiliar to some. However, its growth will be massive moving forward. According to Santos Knight Frank, data centers are expanding in terms of importance as digitization increases across the country. And their impact is already being felt on the property market.\n\n\n\u201cWe believe data centers are the next big growth area for the real estate industry in the country, and we are very excited to be at the forefront of this as a leading real estate consultant for international and regional data center operators,\u201d Monica Gonzalez, Santos Knight Frank\u2019s Data Centers Lead and Manager for Occupier Solutions & Services, said.\n\n\nDemand for data centers is on the rise, both in the Philippines and globally. That is a byproduct of the ever-increasing use of technology in everyday life. Greater data consumption has highlighted the urgent need for more facilities.\n\n\n\u201cOverall, the worldwide data center industry is experiencing great growth as data consumption grows at a rapid rate and digitization is spreading to more and more facets of our lives. Data center operators have been aggressively expanding in Asia,\u201d Gonzalez stated. \u201cThe Philippines has become one of the emerging market or hot destinations for these operators as they recognize our potential in terms of availability of land, fiber infrastructure, IT talent and local data use and demand.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe country\u2019s current data center capacity is at 94 MW, but more is set to come online. Gonzalez expects an increase of up to 200 MW of additional capacity coming from confirmed projects in the pipeline.\n\n\nNow and what\u2019s next for data centers in the Philippines\n\n\nData center growth is being driven by both local organizations and international players. Gonzalez noted the Philippine market had been dominated by telcos with PLDT and Globe being the two biggest operators. However, competition in the space is picking up.\n\n\n\u201cWe now have the confirmed entry of regional and international operators that will build world-class facilities, which is very exciting,\u201d Gonzalez reported. \u201cNotable projects include YCO Cloud Centers\u2019 12-MW facility in Batangas, as well as SpaceDC\u2019s planned campus in Rizal with a total phased capacity of 72 MW. PLDT has also recently announced their plans of building a 100-MW facility in Laguna.\u201d\n\n\nThis is simply a start. The reason Santos Knight Frank has tipped data centers as the next big growth area for the Philippine real estate industry is due to the fact much more activity in this sector is likely.\n\n\n\u201cWe absolutely expect more regional and international players to enter the country in the medium term. Santos Knight Frank has registered about 125 MW worth of interest in potential additional capacity from data center operators considering establishing facilities in the Philippines,\u201d Gonzalez detailed.\n\n\nWith more operators considering a move to the Philippines and current firms looking to scale up, opportunities are numerous at the moment. In particular, local businesses still have time to become involved with this part of the real estate sector in various capacities.\n\n\n\u201cMany of these operators will be looking for local partners, so there is definitely an opportunity for local firms to get into the data center industry through joint venture or other partnership structure,\u201d Gonzalez pointed out.\n\n\nFinding a partner\n\n\nData centers can be a daunting sector to get involved with regardless of if you\u2019re an operator, occupier or related to the industry in some other way. The key to navigating obstacles is finding a partner who understands the unique challenges you\u2019ll face and has the knowledge and capability to ensure your needs are met.\n\n\n\u201cSantos Knight Frank can support data center operators through the full process of establishing their data center, beginning with market research and due diligence, site selection and acquisition of property, project management and facility construction, leasing and marketing, and finally, facility management of the operational data center. We also represent occupiers looking to take data center space or capacity,\u201d Gonzalez concluded.\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/deal-for-sime-darby-in-kl-east", "title": "Deal for Sime Darby in KL East", "body": "\n\n\n\nSime Darby Property, a leader in developing sustainable communities, has announced its collaboration with KYS Education Group at the KL East integrated development, with both parties agreeing on plans to form the KYS International School at the KL East integrated development.\n\n\nThe agreement outlines a long term land lease arrangement between the developer and education provider, for the setting up of the international school on a six-acre site in KL East.\n\n\nThe KYS International School is strategically positioned to tap into the expatriate market and higher income households, key demographics of KL East. The development of KYS International School in KL East will be undertaken independently by the KYS Education Group.\n\n\nSime Darby Property Senior Vice President, Property International; Mohammed Redza Mohd Yusof and KYS College Sdn Bhd Director; YBhg. Dato\u2019 Muhammad Hafidz Nuruddin signed the agreement, witnessed by KYS Education Group founder; YBhg. Tan Sri Halim Saad, Executive Director of Project Management, Kuala Lumpur City Hall; YBhg. Datuk Syed Affendy Ali bin Syed Abid Ali and Sime Darby Property Managing Director; YBhg. Dato\u2019 Ir. Jauhari Hamidi.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe Managing Director of Sime Darby Property, Dato\u2019 Ir. Jauhari Hamidi, said: \u201cWe are proud that KYS Education Group has chosen KL East as the location for its new international school, as the development indeed offers a conducive environment for\u00a0 education. The school complements the three growth catalysts that we aspire to establish which comprises lifestyle, nature and education.\u201d\n\n\nOnce developed, the KYS International School in KL East will be able to accommodate up to 900 students and will cater for pre-school, primary and secondary education, following both the local KBSM (Kurikulum Baru Sekolah Menengah) curriculum and the International General Certificate of Secondary Education (IGCSE). The international school will also be offering A-Level education.\n\n\nKYS Education Group founder, YBhg. Tan Sri Halim Saad, said: \u201cKYS International School at KL East is our first foray outside of Melaka. KYS has a reputation as one of the best schools in the country and we have produced good quality, rounded students for the past 20 years. This collaboration with Sime Darby Property will give more students access to obtain high quality education delivered by KYS. We see this as the first step to further collaborations with Sime Darby Property in the future.\u201d\n\n\nKL East is a 153-acre luxury development that appeals to stylish, sophisticated and vibrant urban lifestyles, balanced by the sheer natural beauty of the nearby Klang Gates Quartz Ridge.\n\n\nLocated within reach of the Kuala Lumpur City Centre and 800m from the Gombak LRT station (Kelana Jaya line), KL East is set to be an upmarket residential area celebrating modern and iconic place-making design coupled with the best facilities, connectivity and environment.\n\n\nKL East raises the bar in sophisticated high-rise living and balances this with a celebration of Malaysia\u2019s natural environment, offering 53 acres of forest park and 30 acres of landscaped and open spaces for the community and public to enjoy.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dear-bed-wish", "title": "Dear bed, wish you were here", "body": "\n\n\n\nSix out of 10 people agreed they missed their bed and bedding more than their family when on holiday.\n\n\nThe shock news came from a survey by leading bedding company \nSilentnight\n, which looked into what makes a dream holiday for British consumers.\n\n\nPeace and home comforts are top of the list, with 52 percent of British holidaymakers just\u00a0wanting rest and relaxation above everything else. Some 41 percent of respondents listed a good night\u2019s sleep as a key criteria for a dream holiday, with 75 percent of respondents saying that fluffy pillows and duvets were more important than a balcony or mini bar in the hotel room. Clearly a sign of missing their own bed.\n\n\nNick Booth from \nSilentnight\n said: \u201cWith increasingly busy lives, it\u2019s understandable that we are all looking to get away just to unwind, relax and sleep! And a good bed is of course key to a good night\u2019s rest.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSadly only 11 percent of survey respondents are confident that they will get to visit all their dream holiday destinations. That\u2019s despite the fact that for 60 percent, there are only two places on our list of dream holidays.\n\n\nOther main findings of the survey:\n\n\n88 percent of consumers have less than five dream holiday destinations\n\n30 percent have never visited any of our dream destinations\n\n\nThe top six things that could ruin a good holiday are:\n\n\n1. Noisy, badly behaved children.\n\n2. Drunk people.\n\n3. The accommodation not being as described.\n\n4. Bad food.\n\n5. Being unable to sleep.\n\n6. People hogging the sun loungers.\n\n"} {"url": "https://www.dotproperty.com.my/blog/declutter-condo-getting-rid-items", "title": "Declutter your condo by getting rid of these items", "body": "\n\nIf you don't declutter your condo, you'll eventually be overrun with unwanted stuff\n\n\nIf you want to declutter your condo, you\u2019ll must be willing to part with things. The longer we live in a single place, the more likely we are to accumulate stuff. Most people have a reason, albeit not always a good one, to keep those items around.\n\n\nFor example, someone gifted me a very bulky shoe polish kit nearly a decade ago. Now, I had never used it and probably never would have. But the thought that I may need it one day was enough for me to let the chunky product clutter up my condo until recently when I had an epiphany.\n\n\nCondo space is finite. There is no reason to keep something around if you haven\u2019t used it in a decade. And while letting go can be hard, it is better to declutter your residence today then eventually be boxed in by a bunch of stuff you may possibly use in the very distant future.\n\n\nRead More:\n\u00a0\nSimple tricks to make your condo seem bigger\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nStart the process by throwing out things you will never ever need or use. We\u2019re talking about old magazines as well as old receipts, bills and other mail. In most households, there is one or more drawers chock full of mail being kept for no apparent reason.\n\n\nNext, it\u2019s time to chuck expired medicines and vitamins. These have a shelf life and once that\u2019s past, there is no point in storing them in your condo. After that, head over to your pantry and discard or donate any food stuffs you don\u2019t plan on eating.\n\n\nThis is a great start. But we can declutter your condo even further. The closet is probably full of items that you don\u2019t wear and/or can\u2019t fit into. As long as these are in decent shape, consider donating them to charity. Because they aren\u2019t doing anyone any good hidden in a dark corner. Additionally, collect any accessories (jewelry, sunglasses, ect.) that you\u2019ve replaced or upgraded.\n\n\nFinally, you must get rid of all those old electronics and chargers. And, specifically, recycle these so they are properly disposed of. This one can be the most difficult to come to terms with. As much as we\u2019d all like to think that Sony Ericsson phone charger or iMac G3 will eventually come in handy, it\u2019s never going to be needed if it hasn\u2019t happened by now.\n\n\nOnce you have decluttered your condo, it is important to organize what\u2019s left to ensure stuff doesn\u2019t build up again. Baskets, jars and clear drawer organizers are very cheap these days, so buy a few that you like and start keeping the items you need in these. After all, there is no point in doing in tidying if you are just going to take things out and leave them elsewhere around your home.\n\n"} {"url": "https://www.dotproperty.com.my/blog/demand-condo-units-remains-strong-ho-chi-minh-city-hanoi", "title": "Demand for condo units remains strong in both Ho Chi Minh City and Hanoi", "body": "\n\nDemand for condo units in Ho Chi Minh City rose in the third quarter\n\n\nDemand for condo units in Ho Chi Minh City and Hanoi grew in the third quarter with a lack of new supply tightening the market in both cities. Research from Colliers International Vietnam found more units are on the way with the country continuing its recovery from COVID-19.\n\n\nIn the \nColliers International Vietnam Real Estate Quarterly Knowledge Report\n, it was noted that demand for condo units in Ho Chi Minh City has remained strong with many projects recording occupancy rates of up to 90 percent. Despite the country experience a secondary COVID-19 break during July, the condo market emerged unscathed.\n\n\n\u201cDue to the citizens\u2019 experience in disease prevention, this late July outbreak did not affect the recovery of the apartment market in HCMC. Although it has delayed a few projects, we can still expect a supply of about 14,000 units by the end of this year as the demand for apartments in HCMC is still quite high,\u201d the report noted. \u201cIn addition to this, the completion of the Metro subway will create a new look for the central area by the connection between commercial buildings with the Saigon River, the Thu Thien urban area across the river. It also increases interregional connection between the core area and the strong development areas like the East Saigon.\u201d\n\n\nMeanwhile in Hanoi, demand for condo units is higher than ever, according to Colliers International Vietnam. That\u2019s because no supply hit the market for the better part of 2020 although nearly 6,000 units should be launched before year\u2019s end. Activity is expected to pick up even further in 2021.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cThe appearance of new supply in this quarter will lead to a series of new projects launched in the future, meeting the high demand for apartments in Hanoi. However, because the epidemic has affected quite heavily in Hanoi, at least until the beginning of 2021, the growth rate will be normal again,\u201d the report stated. \u201cBy the end of 2020, there will be about 12,000 additional apartments to be provided and by the first quarter of 2021 there will be 30,000 apartments.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/demand-london-property-asian-buyers-unaffected-covid-19-pandemic", "title": "Demand for London property from Asian buyers unaffected by COVID-19 pandemic", "body": "\n\nDemand for London property remains strong with completed projects, such as Lillie Square, popular with overseas buyers\n\n\nDemand for London property from Asia-based investors has remained relatively stable despite uncertainty surrounding the global economy. This is due in part to the UK government\u2019s announcement that a stamp duty surcharge of two percent for non-UK tax residents purchasing real estate in the UK will go into \neffect next April\n.\n\n\nMany overseas investors are pushing ahead with buying decisions in order to complete transactions before the tax is enacted. And while the COVID-19 pandemic has altered the way people are conducting their property search, a flurry of activity is expected once the situation passes.\n\n\n\u201cDemand for London and UK real estate has not waned since Savills experienced a surge in sales in December 2019 and January 2020. Our webinars globally are fully subscribed each week and I think now more than ever buyers are readying themselves to transact as soon as global travel restrictions are lifted,\u201d Chris Pratt, an agent at Savills, explained. \u201cThere is strong interest in stock complete developments as buyers look to purchase before the additional stamp duty charge of two percent comes in from April 2021.\u201d\n\n\nInvestors based in Asia may not be able to close property transactions just yet, but that hasn\u2019t dampened demand for London property in the region.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cWe are seeing Mainland Chinese and Hong Kong nationals driving the majority of the international interest. Other markets who are currently still in lockdown, such as Singapore, Malaysia, Thailand and the Middle East, are using this time to research the market and carry out their due diligence,\u201d Pratt noted.\n\n\nMany UK property professionals have noticed a correlation between the status of a country and where investors are in the buying process. When a country exits lockdown, buyers quickly make enquiries having already completed the information gathering phase.\n\n\n\u201cWe are currently seeing an upsurge in enquiries from the Asia. We\u2019ve found that buyers in territories which have now relaxed lockdown restrictions like China and Hong Kong have returned to the market and this is where enquiries are coming from,\u201d James Lane, Head Of Sales at Capco, stated. \u201cMany of these investors were already considering London as an investment proposition so the virus sought only to pause their interest for a time, while others attune to the ebbs and flows of sterling are now looking to see how they could potentially benefit from currency fluctuations.\u201d\n\n\nCapco has been offering video conference calls to accompany virtual tours which Lane proclaimed have been very popular with clients overseas.\n\n\n\u201cWith travel restrictions, our agents are still able to show buyers what their new home will look like as well as the proximity to nearby universities, famous landmarks and transport hubs on interactive maps which is key to them making a decision,\u201d Lane said.\n\n\nWhat are buyers looking for in London?\n\n\nAccording to Lane, Chinese buyers are looking for investment opportunities but are also thinking about education opportunities abroad. This has led to strong demand for London property in the city\u2019s prime areas.\n\n\nInside the Lillie Square project\n\n\n\u201cOverall, we have found that enquiries are still coming in as investors are attracted to the traditional and low rise residential area of Fulham, the proximity to schools and universities but also during this time hospitals; there are some excellent medical facilities on the doorstep and we expect this to form part of the sales conversation going forward in a way that wasn\u2019t so obvious before,\u201d Lane explained.\n\n\nOne project that has seen a lot of interest among overseas property investors is \nLillie Square\n. The development\u2019s first phase is completed and move-in ready with the next phase set to launch shortly.\n\n\n\u201cDue to where we are in the build phase at Lillie Square we are also in a good position to appeal to investors who want to purchase an apartment which is already completed and ready to move into,\u201d Lane noted. \u201cBuyers have peace of mind that their home won\u2019t be delayed should there be new guidance from the government on social distancing for construction.\u201d\n\n\nDespite some challenges, there haven\u2019t be any major shifts when it comes to demand for London property. In fact, the only real change in international buying preferences is in regard to location, but even that has been relatively minor.\n\n\n\u201cThere are investors looking for big discounts, but no more than usual. We have seen a slight shift to the prime locations that offer familiarity to an international buyer,\u201d Pratt said. \u201cDemand is as high as its been for four years, however transactions are lower due to the logistics of making a purchase during a lockdown.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/demand-phuket-luxury-villas-surges-due-unexpected-buyers-market", "title": "Demand for Phuket luxury villas surges due to unexpected buyer\u2019s market", "body": "\n\nDemand for Phuket luxury villas grew to start the year as the unexpected emergence of a buyer\u2019s market saw many high-net-worth individuals (HNWIs) swoop in. According to research from CBRE Phuket, interest is coming from local and international buyers with each group having unique reasons for investing.\n\n\n\u201cThe surge of luxury villa demand is visible from two main sources; firstly, well-heeled regional buyers such as Singapore, Hong Kong and Mainland China who are seeking a second home or a retirement home in the post-pandemic tropical location and are already familiar with Phuket\u2019s natural attraction and landscape,\u201d Khun Prakaipeth Meechoosarn, Head of Advisory & Transaction Services \u2013 Resort Property Sales at CBRE Phuket, explained. \u201cThe second group are the local buyers, both Thais and expatriates, who are looking for a luxury resort home with the purposes of own stay and investment.\u201d\n\n\nThis is different from past years when demand for Phuket luxury villas was driven almost entirely by overseas investors. With a turnaround expected before the end of the year, many buyers decided to act now to secure the best possible deal.\n\n\n\u201cThe unexpected turn of the Phuket market into a buyer\u2019s market phase has prompted these high-net-worth individuals (HNWIs) to look for a worthwhile long-term investment in a property sector that was predominated by foreign investors for many decades,\u201d Khun Prakaipeth said.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nShe added, \u201cThis is a good window of opportunity for buyers seeking second homes or income-producing properties. The supply in the market is currently stocked with the best choices, flexible price and a variety of product options which may not be available when the market situation returns to normal.\u201d\n\n\nIt remains to be seen just how the third wave of COVID-19 in Thailand will impact demand for Phuket luxury villas. The island had been set to welcome vaccinated tourists in July, but those plans are now uncertain.\n\n\n\u201cCBRE believes if the number of inbound tourists return with help of the Thai government\u2019s approval of international vaccinated tourists to visit Phuket without quarantine coupled with a successful vaccine roll-out and a consistent dedication to keep the third COVID-19 wave under control, the revival of Phuket\u2019s luxury villa market should be expected by the end of this year,\u201d Khun Prakaipeth concluded.\n\n"} {"url": "https://www.dotproperty.com.my/blog/developer-behind-ronaldos-vietnam-property-play-scores-goal-cocobay-da-nang", "title": "Developer behind Cristiano Ronaldo\u2019s Vietnam property play scores an own goal", "body": "\n\nCocobay Da Nang has struggled despite a market blitz centred around Cristiano Ronaldo\n\n\nWhen the marketing for Cocobay Da Nang condotel resort in Da Nang kicked off, footballer Cristiano Ronaldo was hired to promote the project with \nthe Juventus forward going so far as to buy a unit himself\n, or at least claiming to do so. However, the developer behind the project has now scored an own goal when it comes to the returns it promised investors.\n\n\nVietnamese developer Empire Group has revealed that it will stop paying investors their 12 percent annual rental returns for units in Cocobay Da Nang. \u00a0VN Express International reported that Empire Group Chairman Nguyen Duc Thanh told at least 1,700 buyers that \nthe firm\u2019s financial difficulties meant it was unable to continue paying promised returns\n. Payments will be halted at the start of next year.\n\n\nWork began on Cocobay Da Nang in 2016 with initial plans calling on the developer to spend USD5 billion to build 10,000 condotel units designed to take advantage of Vietnam\u2019s tourism boom. The following year, Empire Group hosted a launch party for Cocobay Da Nang in Spain with then Real Madrid superstar Ronaldo announcing he had become the project\u2019s first official resident.\n\n\nCurrently only 3,000 units have been completed at the hospitality and entertainment complex. It is unknown if Ronaldo\u2019s unit was among those that weren\u2019t delivered by Empire Group or if he actually followed through on the purchase promise.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nInvestors handed an unfortunate \u201cL\u201d\n\n\nFast forward to 2019 and investors at Cocobay Da Nang are now taking a loss. \nVN Express International \nrevealed\n\u00a0Mai Huyen Tan, CEO of Hanoi investment consultancy ViDe Bridge, invested USD25.9 million in the project. He now faces bankruptcy if the developer stops paying the promised returns.\n\n\nMeanwhile, individual unit buyers are struggling to find a solution due to the limited legal framework regarding condotels in the country.\n\n\n\u201cAlthough Prime Minister Nguyen Xuan Phuc has ordered ministries to finalise regulations on condotels, there has been no official document providing guidance on dealing with this kind of property even though they have been developed for three years,\u201d Nguyen Tran Nam, Chairman of the Vietnam Real Estate Association, told local media.\n\n\nEmpire Group Chairman Thanh has offered unit owners a deal that would pay them an extra 15 percent of their investment to turn the condotel into an apartment. Alternatively, he said refunds may also be possible.\n\n"} {"url": "https://www.dotproperty.com.my/blog/developers-active-in-land-deals", "title": "Developers active in land deals", "body": "\n\n\n\nThe last quarter of 2015 saw 15 major land transactions worth a total of RM 11.284 billion, according to the latest Malaysia market research conducted by real estate firm Savills.\n\n\nIt noted that the purchasers were predominantly local developers, with seven sites in Kuala Lumpur, five in Selangor, two in Penang and one in Johor.\n\n\nThe largest transaction was the sale of a 60 percent stake in Bandar Malaysia by TRX City for RM 583 per sq ft (a total value of RM 7.41 billion) to a consortium comprised of China Railway Engineering Corporation and Iskandar Waterfront Holdings during December 2015.\n\n\nBandar Malaysia is the proposed re-developement of the Sungai Besi Airport, home to KL\u2019s first international airport, spanning 486 acres in Sungai Besi, Kuala Lumpur and includes the end terminus for the proposed KL to Singapore high speed rail project.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOther major transactions included MRCB being awarded a RM 1.632 billion mandate to regenerate the Bukit Jalil National Sports Complex into a fully-integrated sports hub with sports training facilities, a Sports Museum, Youth Hostel, Convention Centre and retail centre; WCT purchasing a 1.65 acre piece of commercial land in Tun Razak Exchange for RM 223 million; and KWAP, the civil servant retirement fund, purchasing a 0.72 acre parcel of development land at Jalan Changkat Kia Peng for RM 87.92 million.\n\n\nIn Selangor, the largest land deal was the sale of 680 hectares of agricultural land in Sepang by Guocoland (Malaysia) to Putrajaya Holdings in October 2015 for RM 475 million. Around the same period CSB Development Sdn Bhd acquired 53.37 acres of land for a mixed-development site known as Cyberjaya City Centre Development Area No. 1, transacting for a sum of RM 348.75 million or RM 150 per sq ft. CSB Development Sdn Bhd is a joint-venture between MRCB Land Sdn Bhd and Cyberview Sdn Bhd that will undertake the development of Cyberjaya City Centre (CCC) which comprised residential units, retail, hotels and a convention centre.\n\n\nIn Penang, Hunza Properties Berhad acquired 9.7 acres of residential land in Bayan Baru for RM 57.02 million in October 2015, reportedly for an affordable residential development. Ewein Zenith II Sdn Bhd proposed to acquire 4.43 acres of land in Section 1 Bandar Tanjong Pinang in Penang for the sum of RM 162.00 million.\n\n\nIn Johor 33.6 acres of development land in Zone C of Medini, Iskandar Malaysia was acquired by BCB Berhad for a sum of RM 58.53 million or RM40 per sq ft during early October 2015 for the development of commercial shop-offices.\n\n\nSavills reported the property investment market was also active in Q4 2015. During November AXIS-REIT acquired four units of single-storey detached factories along with some office space (all currently tenanted at a net yield of 7.1 percent per annum) within i-Park Industrial Park, Indahpura, Johor for RM 61 million. In December AmFirst REIT disposed of the 13-storey AmBank Group Leadership Centre to Techvance Properties Management for RM 36 million or RM 623 per sq ft on net lettable area, while Blackrock\u2019s Intermark Mall, part of the Intermark integrated development, was sold to Pavilion REIT for RM 160 million or RM 711 per sq ft on NLA. The mall enjoyed an occupancy rate of 74 percent as of September 2015, and was the second shopping mall acquired by the Pavilion REIT in 2015, da:men USJ shopping centre being the other.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/developers-be-the-best", "title": "Developers: Be the Best", "body": "\n\n\n\nProperty developers from throughout Southeast Asia have been signing up with\n Dot Property Group\n for its inaugural \u2018Best of the Best Residences 2016\u2019 Awards.\n\n\nSet to be revealed simultaneously in the October issue of its regional print and digital magazine and online on the nine \nDot Property Group\n country websites, the \nAwards\n have truly captured the attention of property developers across the regional, from city center projects in Bangkok, beachfront villas in Vietnam, plush CBD condos in the Philippines and architecturally-stunning homes in Malaysia.\n\n\nSunniya Kwatra, Country Manager for \nDot Property Malaysia\n, said: \u201cCan any property developer seriously afford to miss out on these Awards?\n\n\n\u201c\nThese Awards are set to put Southeast Asia firmly on the quality property global map\n, and we hope developers will understand the importance of being part of this.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cWhy settle for second-best when your project can be considered to be an award-winner, and thereby setting it apart from others in the minds of discerning and influential property buyers and investors from around the region and further afield.\u201d\n\n\nThe closing date for the Awards is September 18.\n\n"} {"url": "https://www.dotproperty.com.my/blog/developers-shine-dot-property-thailand-awards-2021-f", "title": "Developers shine at the Dot Property Thailand Awards 2021", "body": "\n\nNavarang Asset is presented with the award for Best Developer Residential High-Rise\n\n\nThis article appeared in the most recent issue of Dot Property Magazine. \nClick here to read it\n!\n\n\nDevelopers across Thailand continue to innovate and adapt. Homebuilders have acted quickly and decisively to keep up with evolving consumer needs under the \u201cNew Normal\u201d. While this could be viewed as a challenge, the Dot Property Thailand Awards 2021 developer winners have approached the situation as an opportunity. Their hard work in that regard has seen them rise to the top of their field and earn recognition.\n\n\nBest Developer Residential High-Rise\n\n\nNavarang Asset\n\n\nNavarang Asset boasts nearly three decades of experience. Over the years, its focus has been crafting developments that offer privacy, luxury and quality. \nNa Reva Charoennakhon\n, a recent high-rise launch along the Bangkok riverside, features several innovations for the area, including being the first to contain loft-style units.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBeyond that, it has been diligent in designing multi-functional living quarters tailored for today\u2019s generation. The emphasis at high-rise projects such as Na Reva Charoennakhon is livability which the developer creates through space.\n\n\nRelated:\n\u00a0\nNavarang Asset soars with a new outlook on high-rise developments\n\n\nBest Housing Developer\n\n\nPieamsuk Property Development\n\n\nBest Housing Developer\n\n\nWhen it comes to low-rise housing in and around Bangkok, no one does it quite like Pieamsuk Property Development. The homebuilder has been active in this segment for almost 40 years. Its focus is on building quality homes that use strong, dependable materials.\n\n\nAdditionally, Pieamsuk is committed to creating innovations that improve the daily life of homeowners. Cool Tech, a feature that helps keep homes cool, and a specialized mobile application that provides a streamlined living experience for residents are just a few examples of its work in this regard.\n\n\nBest Lifestyle Developer \n\n\nNichada Group of Companies\n\n\nBest Lifestyle Developer\n\n\nNichada Group of Companies\n excels when it comes to lifestyle having won this title at the Dot Property Southeast Asia Awards 2020 in addition to taking it home again at the Dot Property Thailand Awards 2021. So, what\u2019s the developer\u2019s secret?\n\n\nIt starts with a singular focus on creating a lifestyle that appeals to those searching for a peaceful, safe, family-friendly place to live. From an international school to healthcare facilities and retail centers to green spaces, Nichada Thani contains everything the modern household needs in a single community just outside of the Bangkok city center.\n\n\nBest Breakthrough Developer Phuket \n\n\nAndaman Asset Solution\n\n\nBest Breakthrough Developer Phuket\n\n\nWhile Andaman Asset Solution boasts more than 15 years of experience, 2021 saw the developer scale up its efforts and breakthrough to a new level of success. Its projects show a deep understanding of Phuket along with a desire to help elevate the local real estate market.\n\n\nThe homebuilder focuses on villa developments that use authentic materials and handpicked furniture to ensure maximum quality. In addition to winning Best Breakthrough Developer Phuket, Andaman Asset Solution picked up three awards in the project categories last year.\n\n\nBest Boutique Developer Koh Samui \n\n\nLDR Group\n\n\nBest Boutique Developer Koh Samui\n\n\nSanti Pura Villas from LDR Group took boutique villa developments on the island to the next level. It was also a sign of the firm\u2019s continued growth as a homebuilder. From a leading investment program to exquisite designs, the developer offers the knowledge and capabilities of a big company with personalized service you\u2019d expect from a small business.\n\n\nUltimately, LDR Group\u2019s passion for property, extensive local connections and unbeatable customer service has empowered it with a unique perspective that benefits customers. It comes as no surprise to learn Santi Pura Villas is among the most popular projects on Koh Samui.\n\n\nBest Boutique Developer (Luxury Villas) \n\n\nDynasty Development\n\n\nBest Boutique Developer (Luxury Villas)\n\n\nDynasty Development makes sure its residences are practical in use but sophisticated by design with livability a key area of emphasis. This is accomplished by looking after every last detail, no matter how small.\n\n\nThe developer\u2019s flagship project is \nISOLA Phuket\n, a previous winner at the Dot Property Thailand Awards. The luxurious villa estate provides the same level of bespoke service and attention to detail you would find at a 5-star resort but maintains an accessible price point.\n\n\nBest Boutique Housing Developer Phuket \n\n\nZenithy Development\n\n\nBest Boutique Housing Developer Phuket\n\n\nZenithy Development takes a unique approach to boutique housing. The firm is driven by a vision to create beautiful and luxurious homes that offer exceptional value and quality that is within reach of most buyers.\n\n\nIts projects are functional yet stylish and feature high-end materials throughout. As a boutique developer, Zenithy Development is also careful to maintain a low density and ensure exclusivity for its residents.\n\n\nRelated:\n\u00a0\nZenithy Development Creates The Best Boutique Housing in Phuket\n\n\nBest Lifestyle Developer Koh Samui \n\n\nSGQ DESIGN AND CONSTRUCTION COMPANY\n\n\nBest Lifestyle Developer Koh Samui\n\n\nSGQ Design and Construction is a relatively new homebuilder, but it did launch one of the island\u2019s most exciting projects in 2021. Avant Garden is a sleek villa estate featuring a unique aesthetic that is different from most developments currently found on Samui. This was done to create an exclusive lifestyle not available anywhere else.\n\n\nFrom the limited number of villas available to an emphasis on the finer details, SGQ Design and Construction has curated a truly special experience. This was extremely important for the developer as it sought to provide the type of lifestyle people expect when visiting Samui.\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/developers-turn-bankers", "title": "Developers turn bankers", "body": "\n\n\n\nMalaysian property developers are now able to offer loans to their buyers.\n\n\nEligible developers can obtain licences and can then provide buyers with up to 100 percent of their home loans.\n\n\nLocal media reports quoted Urban Wellbeing, Housing and Local Government Minister, Tan Sri Noh Omar, as saying the licence will be issued by the Ministry under the Money Lenders Act 1951 (Amendment) 2011.\n\n\nThe reason behind the move is to enable developers to provide loans to buyers who are unable to obtain traditional bank financing.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHe said: \u201cThis proposal is a win-win solution for both Malaysian property developers and house buyers,\u201d in a keynote address at the recent National Housing and Property Summit.\n\n\nMalaysian property developers are now able to profit from \nproperty sales\n as well as from financing.\n\n\nInterest rates under the scheme will be a maximum of 12 percent with associated collateral, or 18 percent without such collateral.\n\n\nAlthough the plan will assist \ndevelopers in overcoming difficulties when closing deals\n, he added that companies would be screened and that only certain property projects would be approved for the scheme.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dexterton-support-awards", "title": "Dexterton support for Awards", "body": "\n\n\n\nDot Property Group has announced that building, home and furniture company Dexterton Corporation is the latest company to become a sponsor of the group\u2018s\n \u2018Best of the Best\u2019 Awards.\n\n\nDexterton is the Philippines\u2019 premier source for top quality building materials and imported home finishing products, representing more than 100 brands including: Jacuzzi, Blanco, Viking, Hansa, Artemide, Kartell, Nardi, Laufen, Himolla, Kohler, Simmons, Marazzi, Caracole, Century, GESSI and St\u00f6rmer.\n\n\nIn line with the rapid development of the Bonifacio Global City area (BGC), Dexterton has purchased its own property in BGC and is now constructing a 17-storey Dexterton mixed-use showroom and residential building consisting of showrooms and residential units.\n\n\nDexter Go, Vice President of Dexterton Corporation, was excited about the prospect of being involved in the Awards.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHe said: \u201cSponsoring the Awards is a fantastic opportunity to connect with our target market and position our brand in the prestigious \u2018Best of the Best\u2019 category, in line with the products and services we are offering\u201d.\n\n\nAlva Horgan, Managing Director of International Markets for Dot Property Group, added: \u201cWe are delighted to be working with a leading company like Dexterton, and that they have joined the \u2019Best of the Best\u2019 Awards\u201d.\n\n\nDot Property Group\u2018s \u2018Best of the Best\u2019 Awards will reward the \u2018Best\u2019 Residences, Serviced Offices and Serviced Apartments throughout Southeast Asia.\n\n\nRecipients of the accolade will be revealed online on October 1 and appear in the second edition of Dot Property Group\u2018s regional print magazine.\n\n\nFor more information about the Awards and sponsorship email \n[email\u00a0protected]\n. For more information about Dexterton Corporation visit \nwww.dexterton.com\n.\n\n\n#DotPropertyAwards\n\n"} {"url": "https://www.dotproperty.com.my/blog/diamond-crown-hai-phong-named-vietnam-peoples-choice-award-project-year-2021-b", "title": "Diamond Crown Hai Phong named the Vietnam People\u2019s Choice Award for Project of the Year 2021", "body": "\n\nThis article on the Vietnam People\u2019s Choice Award for Project of the Year 2021 appeared in the most recent issue of Dot Property Magazine. \nClick here to read it\n!\n\n\nThe Vietnam People\u2019s Choice Award for Project of the Year 2021 is one of the few honors to be voted on by the public which makes it unique. There were 27 projects that made the list of finalists in 2021.\n\n\nOnline voting took place in November with the votes tallied shortly before the Dot Property Vietnam Awards 2021 Presentation Day ceremonies in Hanoi and Ho Chi Minh City.\n\n\nThe Vietnam People\u2019s Choice Award for Project of the Year 2021 was won by Diamond Crown Hai Phong from developer DOJI Land. The beautiful mixed-use development is one of Vietnam\u2019s most well-designed projects with this visual splendor catching the eye of the public.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe Vietnam People\u2019s Choice Award for Project of the Year 2021 Finalists\n\n\nDiamond Crown Hai Phong\n\n\n\n\nVinhomes Ocean Park\n\n\nCam Ranh Mystery Villas\n\n\nCharm Resort Ho Tram\n\n\nDiamond Crown Hai Phong\n\n\nDIC Star Hotels & Resorts Hau Giang\n\n\nDolce Penisola Quang Binh\n\n\nEcoCity Premia\n\n\nFive Star West Lake\n\n\nGia Loc \u2013 Hai Duong Industrial Park\n\n\nKing Crown Infinity\n\n\nKSFinance Ha Noi\n\n\nLa Vida Residences\n\n\nLegacy Central\n\n\nLeman Luxury\n\n\nMeyhomes Capital Phu Quoc\n\n\nMeysenses Lucia Bay\n\n\nPullman Phu Quoc\n\n\nSaigon Mystery Villas\n\n\nSunshine Heritage Danang\n\n\nSunshine Heritage Hanoi\n\n\nSunshine Heritage Mui Ne\n\n\nAston Luxury Residence\n\n\nThe Peak\n\n\nThe Ruby Ha Long\n\n\nTMS Homes Wonder World\n\n\nTNR Stars Bim Son\n\n\nT-Place\n\n\n\n\nSunshine Diamond River from Sunshine Homes \u2013 A Member of Sunshine Groupwon the first People\u2019s Choice Award for Project of the Year at the Dot Property Vietnam Awards 2019 while Sun World Ba Na Hills from Sun Group took home the honor in 2020.\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/digital-nomads-are-flocking-to-penang", "title": "Digital nomads are flocking to Penang", "body": "\n\n\n\nPenang is seeing a rising number of innovative individuals keen to embrace its offerings.\u00a0\n\n\nPenang features in the property news on a regular occasion. Usually for the concerns about \nprotecting the state\u2019s heritage\n\u00a0in the capital city, George Town, which is littered with pretty buildings that have become \nincreasingly in demand\n. But Penang has made the headlines again but for a different reason. This northeastern state has become a hub for innovation and start-ups. This is according to real estate firm JLL.\n\n\nHaving been recognised alongside Chiang Mai in Thailand, Danang in Vietnam and Bali and Bandung both in Indonesia. These places all offer a slow pace of life alongside cheap living to draw in this segment of the working population.\n\n\nAsian cities have not been shy to welcome start-ups over the years. Supplying new types of offices in the form of co-working spaces have helped to meet demand. However there has started to be shift away from the traditional destinations of Kuala Lumpur, Bangkok, Singapore and Ho Chi Minh City with the rise of \u2018digital nomads\u2019. Defined as someone who works in the digital industry but without the need of a fixed working abode, for example a freelancer or entrepreneur. Thus providing flexibility and allowing people to work whenever and wherever they wish to do so.\n\n\nFor Penang, the draw is partly down to the charm of its heritage. By further than this, the government have been keen to support new initiatives. @CAT for Creative, Analytics & Technology was introduced with the sole aim of boasting this new tier of employment style. And its worked because subsequently Penang is now home to award-winning companies such as infographic design app developer Piktochart. This growth is only the tip of the iceberg as this sector continues to grow. The property market needs to adapt to satisfy the demands of this new type of working.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIf you are looking to buy or rent property in Penang then visit Dot Property\u2019s comprehensive listings \nonline here.\n\n"} {"url": "https://www.dotproperty.com.my/blog/digitization-helped-shaped-phuket-property-market-pandemic", "title": "Digitization has helped shaped the Phuket property market during the pandemic", "body": "\n\nDigitization is one way developers in Phuket have been able to overcome challenges\n\n\nThe landscape of the Phuket property market during the pandemic has shifted significantly. Developers across the island have needed to change their approach and adopt new strategies to cope with declining tourist numbers and evolving consumer preferences. Those homebuilders able to keep up with changing trends have not only survived, but even found success.\n\n\n\u201cDevelopers who had crisis strategies and were very flexible benefited from the pandemic,\u201d Oleg Golubev, Co-Founder and SMD at Serene Condo Phuket, explained. \u201cOne of the important changes has been a change in the minds of people around the world and a tolerance for buying products such as real estate online, which has led to a new wave of sales.\u201d\n\n\nOf course, the job is not done just yet. Changes that took place to the Phuket property market during the pandemic aren\u2019t going anywhere which means developers must continue to adapt if they are to meet the needs of modern homebuyers.\n\n\n\u201cI believe that in 2022 the winners in the market will be companies that pay attention to digitalization, projects with a new modern vision aimed at health, quality of life and recreation, conceptual projects,\u201d Oleg noted. \u201cCustomer focus and quality of service will also increase sales conversion and raise investment expectations.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRead More:\n\u00a0\nPhuket\u2019s eco-friendly condominium looks to make a real difference\n\n\nChallenges found across the Phuket property market during the pandemic\n\n\nOleg Golubev, Co-Founder and SMD at Serene Condo Phuket\n\n\nDigitization is one way developers have been able to overcome challenges created by the COVID-19 pandemic. However, others remain. Oleg points out that these can vary depending on if a firm focuses on completed projects or is at the construction stage.\n\n\n\u201cThe completed real estate market experienced high turbulence primarily due to the shortfall in expected rental income because the tourist rental market was dropped,\u201d Oleg stated. \u201cThe capitalization and value of this property suffered primarily in projects that decided to suspend operations during this period and wait for the return of \u2018pre-pandemic\u2019 prices, as well as reduced management and staff costs.\u201d\n\n\nApartments that closed down during the pandemic have lost their attractiveness and require significant investment to return to the rental market. This is a stark contrast to projects that managed to keep the lights on.\n\n\n\u201cThose who continued operating during this time benefited significantly: they set up the local rental market, we were able to digitize and optimize their processes, and most importantly, kept this property in excellent condition and working condition,\u201d Oleg reported.\n\n\nDevelopers focused on construction during the pandemic faced a different set of challenges which led to delays and other issues.\n\n\n\u201cFor the real estate market at the construction stage, this time was very difficult, because it was very localized and largely dependent on the tourist flow. Also, due to the global increase in material prices, most companies have to change their models and strategies,\u201d Oleg said. \u201cThe majority had to revise the deadlines for the completion of the projects, but even in non-pandemic times, each developer had the legal right to delay the deadlines specified in the contract.\u201d\n\n\nUltimately, Oleg believes lessons learned about the Phuket property market during the pandemic will help everyone. Also important is the fact the island\u2019s uniqueness and global appeal supports its long-term prospects.\n\n\n\u201cPhuket is quite difficult to compare with other provinces in Thailand, because, by the local laws, a unique natural ecosystem has been formed and it also has developed infrastructure, such as airports, shopping centers, entertainment and schools. Not only are tourists attracted to visit but also people who would like to live here permanently. These conditions allow real estate to retain its value and have long-term investment prospects,\u201d he concluded.\n\n\nRelated:\n\u00a0\nMore flights heading to Phuket as tourism recovery picks up steam\n\n"} {"url": "https://www.dotproperty.com.my/blog/disruption-not-decline-will-lasting-legacy-covid-19-thailand-property-market", "title": "Disruption, not decline, will be the lasting legacy of COVID-19 on the Thailand property market", "body": "\n\nThe Dot Property Group Report: How Has COVID-19 Impacted the Thailand Property Market? can be downloaded for free\n\n\nThere is no shortage of anecdotal answers regarding how COVID-19 has impacted the Thailand property market. Some of these are negative, some are positive and others contradictory. This lack of clarity is what inspired us to create the \nDot Property Group Report: How Has COVID-19 Impacted the Thailand Property Market?\n \nClick here to download your FREE copy\n.\n\n\nIn this report, we provide a holistic view of the market by pairing our insights on demand from Thailand\u2019s key locations with separate developer and agent surveys. This ensures proper context of the situation from multiple perspectives.\n\n\nThe greatest impact COVID-19 has had on the Thailand property market comes in the form of disruption. There is no denying real estate sales are down throughout the country because of the pandemic. Nearly 90 percent of agents and 91 percent of developers told us as much when asked. However, trends in demand show something beyond an across-the-board decline.\n\n\nPerhaps nowhere is this more evident than the Bangkok condominium market which remains Thailand\u2019s single largest residential sector. As you would expect, overseas demand declined during the pandemic. On the other hand, domestic demand for condo units in the Thai capital was essentially flat.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThis coincided with a notable increase from both groups for housing in Bangkok and the surrounding areas. For example, domestic demand for suburban homes rose by 12.3 percent during the pandemic (April 2020-March 2021) when compared to the preceding 12-month period.\n\n\nDemand for Bangkok housing rose across the board during the COVID-19 pandemic\n\n\nIn terms of what people were looking for in Bangkok condominium units, that has changed as well. More than 70 percent of all overseas demand was focused on two price groupings: condos THB3 million or less and units THB10 million or above. This was an 11 percent increase from pre-pandemic totals.\n\n\nMore than 80 percent of developers and agents told us it is taking property seekers longer to make a buying decision. Some of the challenge is logistical, such as overseas buyers being unable to travel. A portion of it is related to economic factors, like banks in Thailand being more hesitant to issue loans.\n\n\nMost developers surveyed saw sales decline with potential buyers requesting more time to make a decision\n\n\nBut another factor is the disruption of what property seekers are looking for in terms of size, price and location. COVID-19 has changed what is being valued in a home or investment property. Individuals are now taking more time to explore all available options. Evolving priorities and lifestyle modifications are also why places like Hua Hin and Samui saw demand increase during the pandemic.\n\n\nPrior to the latest COVID-19 outbreak in Thailand, even the markets hit hardest by the pandemic, Phuket and the Eastern Seaboard, were seeing demand start to rise. There may not have been a consensus on when the Thailand property market would return to pre COVID-19 levels among the developers and real estate agents we surveyed, but most foresaw it happening by 2023.\n\n\nWhile the focus is on when the Thailand property market will get back on track, most people believe this is a short-term dip. It is far more important to understand how COVID-19 has disrupted what people are now looking for. The key to success moving forward is adapting to this disruption. And that will be the pandemic\u2019s ultimate legacy.\n\n\nDownload your free copy of the report\n\n\nMethodology\n\n\nThe \nDot Property Group Report: How Has COVID-19 Impacted the Thailand Property Market?\n was compiled using data from Thailand-Property, Dot Property Thailand and Hipflat. International demand was gathered from Thailand-Property.com where the bulk of traffic comes from foreign users. Domestic figures are collected from Dot Property and Hipflat, two websites with predominantly local traffic.\n\n\nWhile many online real estate marketplaces use pageviews to represent demand, we focused exclusively on enquiries, or when a user requests more information from a seller about a specific property. This is a tangible action that constitutes genuine interest and better reflects actual demand as opposed to a more general browsing.\n\n\nData was separated into two distinct 12-month periods. The first is between April 2019 and March 2020, or pre COVID-19. The second stretch is between April 2020 and March 2021, or during COVID-19.\n\n\nClick here to download your free copy\n\n"} {"url": "https://www.dotproperty.com.my/blog/doji-land-shines-dot-property-southeast-asia-awards", "title": "DOJI LAND shines at the Dot Property Southeast Asia Awards 2022", "body": "\n\n\n\nBest Breakthrough Developer\n\n\n\n\nDOJI LAND is one of the more unique developers in Southeast Asia. It was founded by DOJI Gold & Gems Group, the country\u2019s leading name in jewelry and precious stones. That background is what drove the firm to focus exclusively on the luxury property segment when it launched a real estate business.\n\n\nThe developer uses jewelry as a guideline in the design of its projects. For DOJI LAND, the goal is to create architectural treasures with artistic value using cutting-edge technology. In Southeast Asia, that has meant liberating the functionality of real estate from conventional standards.\n\n\nDriven by a desire to create masterpieces that offer unsurpassed quality of life, the firm made its breakthrough in 2022 thanks in part to work on projects such as Sapphire Residence which is designed to produce one-of-a-kind beauty just like the precious gemstone it is named after. At the end of the day, luxury isn\u2019t simply a marketing tool for DOJI LAND, but a mindset that inspires their developments.\n\n\n\u201cEach project we create takes all our power and all our desire to create. That helps us make sure each project we bring to the market is unique,\u201d Nguyen Anh Vu, Deputy General Director of DOJI LAND, stated.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe crown jewel of DOJI LAND\u2019s portfolio is Diamond Crown Hai Phong. This stunning project features an exterior lattice made from a beautiful polished ceramic material that creates a luxurious appearance not seen before in Southeast Asia. It has become an iconic address and proof that the developer has truly broken through to the next level.\n\n\n\u201cIn the project in Hai Phong in Vietnam, we make the project look very unique. A lot of people in the city dream to live in Diamond Crown Hai Phong. Now we are going to develop more projects across Vietnam and will look to do the same thing,\u201d Nguyen Anh Vu said.\n\n\nMore than 45 developers, projects and real estate agencies were honored at the Dot Property Southeast Asia Awards 2022.\u00a0\nRead more about the winners here\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/domestic-bangkok-condo-demand-rises-steadily-past-six-months", "title": "Domestic Bangkok condo demand rises steadily over the past six months", "body": "\n\nDomestic Bangkok condo demand is growing in several suburban areas where new rail lines are being built\n\n\nThe Dot Property Group Bangkok Condo Market Report Q1 is available for download today! \nClick here for your copy\n.\n\n\nDomestic Bangkok condo demand rose steadily between October 2021 and March 2022. And while more people are after units in the Thai capital, data from Dot Property Group shows a distinct shift in the types of condos they\u2019re after.\n\n\nOverall, domestic Bangkok condo demand increased by 27.7 percent between the fourth quarter of last year and the first quarter of 2022. The increase in demand is aligned with daily life in Bangkok returning to normal. In-person work has resumed, and Thai buyers are exploring what\u2019s available on the condo market close to the office.\n\n\nData from the Dot Property Group network of websites\n\n\nInterestingly, what this group is looking for has noticeably changed since the pandemic. Studio/1-bedroom condos comprised 51 percent of all domestic Bangkok condo inquiries in the first quarter. This is down from 65 percent in 2019 and 62 percent in 2020.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nInterest has shifted to 2- and 3-bedroom condo units in Bangkok with both types seeing growth since 2019. This is in line with the post-pandemic housing trend of people wanting more living space.\n\n\nThe Greater Sukhumvit area had the highest amount of domestic Bangkok condo demand during the past six months with nearly 30 percent of all inquiries for units being made here. This was followed by the city\u2019s CBD area which accounts for 8.7 percent of all inquiries.\n\n\nInfrastructure projects have seen domestic demand diversify away from the Bangkok core, however. 6.9 percent of all domestic inquiries between October 2021 and March 2022 came for condos in the Bang Sue, Chatuchak Lat Phrao districts which are home to Bang Sue Grand Station; SRT Red Line and Light Red Line; and MRT Brown Line among others.\n\n\nElsewhere, the east suburban area of Suan Luang and Bang Kapi received 5.7 percent of all domestic inquiries between October 2021 and March 2022. This area will be served by the MRT Orange, Brown and Yellow Lines with all three meeting at the Lam Sali Intersection in Bang Kapi.\n\n\nDownload your copy of the Dot Property Group Bangkok Condo Market Report Q1 today\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/domestic-demand-bangkok-condos-remained-flat-covid-19-pandemic-overseas-interest-waned", "title": "Domestic demand for Bangkok condos remained flat during COVID-19 pandemic while overseas interest waned", "body": "\n\nDomestic demand for Bangkok condos remained steady during the COVID-19 pandemic\n\n\nThe article on demand for Bangkok condos appears in the\u00a0\nDot Property Group Report: How Has COVID-19 Impacted the Thailand Property Market?\n\u00a0\nClick here to download your FREE copy\n.\n\n\nKey Facts\n\n\n\n\nStudio and one-bedroom condo units declined in popularity among domestic property seekers\n\n\n70.3% of overseas demand for Bangkok condos was for units either under THB3 million or above THB10 million\n\n\nBuyers appear to be more discerning when searching for condo units in the Thai capital with both agents and developers reporting fewer sales since the COVID-19 pandemic began\n\n\n\n\n\n\nDomestic demand for Bangkok condos fell by less than one percent during the COVID-19 pandemic although there were some noticeable shifts in what local buyers were interested in. Meanwhile, overseas interest declined by 32.5 percent which was to be expected in light of travel restrictions preventing this group from visiting Thailand.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhen comparing the pre COVID-19 period of April 2019 to March 2020 to the following 12 months during the pandemic, international demand for Bangkok condos shifted away from units priced between THB3 million and THB10 million. Instead, their focus was on the low- and high-ends of the market.\n\n\nDemand for condos priced under THB3 million made up 38.4 percent of all overseas enquiries during April 2020 to March 2021, a six percent year-on-year increase. Meanwhile, demand for THB10-30 million condo units and units costing more than THB30 million rose by two and three percent over the same time span, respectively.\n\n\nLocal demand for Bangkok condos unchanged but requirements evolve\n\n\nThe domestic Bangkok condo market remains the single largest residential real estate sector in Thailand in terms of demand. And while the COVID-19 pandemic did see more people look towards housing, there was no drastic decline in local demand for condo units in the capital.\n\n\nThere was a change in terms of what people were searching for, however. Larger, multi-bedroom units were popular among property seekers once the COVID-19 pandemic took hold in April 2020. Given the overall increase in housing demand across Bangkok and the surrounding areas, those looking for a new home seem to be placing more value on space.\n\n\nStudio and one-bedroom condo units accounted for 61.6 percent of all domestic enquires between April 2020 and March 2021, a decline of 3.2 percent from the previous 12 months. Demand for two-, three- and 4+ bedroom units all increased over the same stretch.\n\n\nDownload your free copy of the report\n\n"} {"url": "https://www.dotproperty.com.my/blog/dont-call-comeback-signs-life-return-much-improved-phuket", "title": "Don\u2019t call it a comeback but signs of life return to a much-improved Phuket", "body": "\n\nLazudi's Simon Connor (left) and Tommy Almond (right) discuss Phuket's improvements\n\n\nDespite early skepticism, the Phuket Sandbox helped get the island\u2019s tourism recovery efforts started. Nearly 35,000 people visited between July 1 and September 15. And with a full reopening on the cards from November 1, there is optimism the situation is finally returning to normal.\n\n\nAccording to Lazudi Consultant Simon Connor, the Phuket Sandbox wasn\u2019t busy at first but has generated more activity over the past couple of months. He added that a lot of expats returning to Thailand opted to use the Sandbox. After an extended period of quiet, signs of life are returning.\n\n\n\u201cWe are surprised by how busy it is now. Phuket is no longer a ghost town. Slowly but surely things are returning to normal here. In the first and second quarter of next year, I think you will see more and more people coming back,\u201d Tommy Almond, Lazudi Consultant, stated.\n\n\nAs tourists return, they may be impressed with some of the changes Phuket has made in the past two years. Getting to or from the island is easy thanks to the now completed renovations and upgrades at Phuket International Airport. But this isn\u2019t the only change returning visitors will notice.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cThe new international airport has been a gamechanger for Phuket because there are now so many direct or one-stop flights. Most people won\u2019t have to transfer in Bangkok,\u201d Tommy pointed out. \u201cEverywhere in Phuket is more developed today than it was a few years ago. The roads are so much better. Existing roads have been widened while new roads and bypasses are reducing travel times. It is a lot easier to get around the island.\u201d\n\n\nCongestion has long been a problem across Phuket with tourists facing daunting travel times to get from the airport to their resorts. The infrastructure investment has helped make popular locations more accessible.\n\n\n\u201cA lot of arrivals head to southern destinations in Phuket. The improved roads and new routes mean less congestion. Travel times are down which means no more long van rides,\u201d Simon reported. \u201cA trip that would have taken 75 minutes three years ago can now be made in 40 minutes. That\u2019s real progress.\u201d\n\n\nThere also remains hope that some form of public transit will be launched which Tommy believes would take Phuket to the next level in terms of infrastructure. A light rail system has long been mooted but earlier this year \nthe Mass Rapid Transit Authority of Thailand (MRTA) began exploring an automated rapid transit or \u2018Smart Bus\u2019 alternative\n that would be quicker and cheaper to develop.\n\n\nWhile those plans remain in flux, already completed projects, such as InterContinental Phuket and Caf\u00e9 del Mar, have improved Phuket\u2019s already robust lifestyle experience. Tommy noted that Kamala Beach has really improved over the past few years with the launch of MontAzure adding to what was always a great location and one of Thailand\u2019s most beautiful beaches.\n\n\nPhuket remains a global phenomenon\n\n\nPhuket is popular with tourists from all around the world\n\n\nSomething that amazes both Simon and Tommy is just how international Phuket has become. It is a destination that continues to attract people from around the world with some simply there to visit and others looking for something more permanent.\n\n\n\u201cPhuket is an international place. Nowhere in the world do you see such a spread of nationalities in terms of both visitors and property buyers. That has a lot to do with the island being such an easy place to visit these days,\u201d Simon detailed.\n\n\nThat, combined with the acceptance of remote working, is opening up new opportunities for people in Phuket. Instead of simply staying for a week or two, they can call the island home.\n\n\n\u201cIf you can work from anywhere, why not work from Phuket? This is a new and exciting opportunity,\u201d Simon explained. \u201cSome of our clients are ones who already love the island but now have the freedom to stay here on a permanent basis. Others have never actually visited but want to take a look at the possibilities since they aren\u2019t attached to an office.\u201d\n\n\nIt is not just entrepreneurs or individuals considering the move to Phuket. World-class international schools, such as British International School, and a plethora of activities make it suited for families as well.\n\n\n\u201cPhuket is a great location for families. There are several leading international schools here. You also have a lot of family-friendly entertainment options along with large shopping centers and huge supermarkets,\u201d Tommy said. \u201cYou have the same conveniences of Bangkok now available in Phuket without the traffic, pollution and other negatives.\u201d\n\n\nDiverse housing options are another appealing aspect of living in Phuket for families. Simon pointed out that this group is now looking at villas as opposed to condominiums where they can enjoy additional space and privacy.\n\n\nAll of the changes and improvements happening across Phuket will also benefit the hands-free condominium investment market, traditionally the island\u2019s largest property sector. Tourism here has rebounded quickly from catastrophic events over the past 20 years, but investors do need to be mindful of what to look for in the short term.\n\n\n\u201cPeople love the hassle-free investment that a Phuket condominium unit provides. The process here is refined, so buyers don\u2019t have to worry about the logistics,\u201d Tommy noted. \u201cHowever, condominium buyers must be selective about who they buy from these days. It is better to go with a trusted developer who has both a track record of success and financial backing to support rental programs.\u201d\n\n\nHe concludes, \u201cPerhaps the largest challenge is trying to figure out when to use your days if you want to stay there.\u201d\n\n\nExplore Phuket properties for sale from Lazudi\n\n"} {"url": "https://www.dotproperty.com.my/blog/dont-miss-chance-attend-thailands-largest-online-property-sale", "title": "Don\u2019t miss your chance to attend Thailand\u2019s largest online property sale", "body": "\n\n\n\nThailand\u2019s largest online property sale is nearly here. The Dot Property 48 Hour Mega Sale begins on August 27\nth\nand there is still time to reserve your spot. All you need to do is register which can be done by \nclicking here\n.\n\n\nCondominium units, villas, houses and other real estate from Bangkok, Phuket, Samui, Hua Hin and Pattaya will be available at never-before-seen prices during Thailand\u2019s biggest online property sales event in 2021.\n\n\nSome of the country\u2019s most prominent homebuilders have already been announced for the Dot Property 48 Hour Mega Sale. Bangkok developers \nRaimon Land\n and \nAssetWise\n; \nHua Hin-based Sivana\n; \nThe Ivy Jomtien\n; and Phuket-focused Cissa Group are just a few of the firms set to take part.\n\n\nDue to the heavy traffic expected during the Dot Property 48 Hour Mega Sale, we\u2019re encouraging everyone to register ahead of time. Not only will this make it easier to enter on event day, but you\u2019ll also receive exclusive access to the Dot Property 48 Hour Mega Sale Sneak Peek. During this session, you have a short window to view deals and contact developers in advance.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDon\u2019t miss these never-before-published discounts by \nreserving your spot at the Dot Property 48 Hour Mega Sale\n. August 27th and August 28th will be your chance to find a dream home in Thailand at the lowest possible price this year. Ultimately, once these discounts are gone, they\u2019re gone for good.\n\n\nClick here to reserve the best discounts on Thailand property\n\n"} {"url": "https://www.dotproperty.com.my/blog/dont-miss-issue-dot-property-magazine", "title": "Don\u2019t miss this issue of Dot Property Magazine!", "body": "\n\nDot Property Magazine is out now. This issue has interviews, insights and a very special look at a developer creating residential masterpieces in Thailand.\u00a0You can download the latest issue\u00a0\nright here\n!\n\n\nWant to take a sneak peek inside the magazine? Here are a few of the outstanding stories you will find in the new issue of Dot Property Magazine.\n\n\nCover Story \u2013 Creating a residential masterpiece\n\n\nPattaya is changing. And so too are the city\u2019s residential developments. It\u2019s no longer all about mass condominiums at bottom dollar prices. The focus is now on upscale residences that provide style, comfort and convenience. Colours Development is leading this change. Through the firm\u2019s \u2018Living Beyond Possibility\u2019 concept, it looks to create projects that set new standards for real estate along Thailand\u2019s Eastern Seaboard.\n\n\nClick here to read it in the magazine\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSpecial Feature \u2013Understanding Philippine property investment this year\n\n\nPhilippine property investment in 2022 comes with both potential and risk. The long-term prospects of the country\u2019s real estate market remain strong with positive economic signs already being seen. For example, OFW remittances increased during most of last year. Many experts believe a full recovery is likely to happen once the COVID-19 pandemic passes.\n\n\nOf course, when exactly that happens remains uncertain. The emergence of the Omicron variant derailed plans to reopen the country to tourists and could dampen prospects in the first quarter of the year. Prior to the most recent outbreak, economists at the Japan Center for Economic Research and Nikkei had set the Philippines 2022 GDP growth forecast at 7.1 percent.\n\n\nClick here to keep reading\n\n\nSpecial Feature \u2013 4 things to know about Thailand property investment in 2022\n\n\nIt is important to look at numerous factors in order to understand Thailand property investment in 2022. On one side, there are opportunities available as prices have yet to recover to pre COVID-19 levels. On the other hand, the real estate market as a whole is dealing with significant uncertainty.\n\n\nThe Bank of Thailand had predicted economic growth of 3.4 percent this year, but the Omicron outbreak could see that eventually be revised. Especially considering the reopening of tourism has been finalized just yet.\n\n\nHowever, the situation isn\u2019t all bad. Far from it, in fact. Specific developers and projects reported record sales last year and activity will continue. Here are a few things to know if you are thinking about Thailand property investment in 2022.\n\n\nClick here to keep reading\n\n\nHow to read Dot Property Magazine\n\n\nDot Property Magazine, Asia\u2019s premier real estate magazine, is out now. You can read it online by\u00a0\nclicking\u00a0here\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dont-miss-newest-issue-dot-property-magazine", "title": "Don\u2019t miss the newest issue of Dot Property Magazine!", "body": "\n\nShambhala Grand Villa from developer Boat Pattana is the cover story for this issue of Dot Property Magazine\n\n\nThe new issue of Dot Property Magazine has been released and in it you\u2019ll find a wealth of news and information on all things related to Southeast Asia\u2019s real estate scene.\n\n\nOn the cover of Dot Property Magazine is Shambhala Grand Villa from developer Boat Pattana. Located in Phuket, this pool villa development caters towards investors who want an eye-catching property that will be popular among tourists visiting the Thai island. In addition to strong potential returns, the project\u2019s free-stay policy provides you with the chance to enjoy your investment.\n\n\nAlso in this issue, we take a deep look at demand for property in Phuket. Utilising data from the Dot Property network, this feature includes information on when demand for condominium units and detached housing\u00a0is greatest and where people are looking for real estate on the island.\n\n\nYou\u2019ll also have a chance to read more about \nproptech in Southeast \nAsia\n,\u00a0including what trends Cento Ventures, a leading Singapore-based venture capital firm with funds focusing on the sector, are seeing.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKeep reading\n\n\nAnd this is only a small sample of what you will find in the new issue of Dot Property Magazine. From the Philippines to the UK, we cover a wide range of topics. What are you waiting for? Start reading today.\n\n\nDot Property Magazine, Asia\u2019s premier real estate magazine, is out now. You can read it online by\u00a0\nclicking\u00a0\nhere\n\u00a0or pick up a copy at outlets around the region including Suvarnabhumi Airport. If you prefer to read it on the go, download the FREE Dot Property Magazine app. You can find it in the\u00a0\nApple Store\n\u00a0and\u00a0\nGoogle Play\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dont-miss-q3-issue-dot-property-magazine", "title": "Don\u2019t miss the Q3 issue of Dot Property Magazine", "body": "\n\n\n\nDot Property Magazine, Asia\u2019s premier real estate magazine, is out now. You can read it online by \nclicking \nhere\n\u00a0or pick up a copy at outlets around the region including Suvarnabhumi Airport. If you prefer to read it on the go, download the FREE Dot Property Magazine app. You can find it in the\u00a0\nApple Store\n\u00a0and\u00a0\nGoogle Play\n.\n\n\nThis issue is filled with outstanding articles on all things lifestyle and real estate. Here are just a few of the highlights you will find in the latest issue.\n\n\nDot Property Magazine cover story: Blue Horizon enjoys Phuket Success\n\n\nWhat makes Blue Horizon the best? It starts with the portfolio of impressive developments including Skylight Villas, The Beachfront, Grand Himalai and its newest creation, Heavena.\n\n\nBlue Horizon won Best Developer Phuket at the Dot Property Thailand Awards for the second consecutive year. From beautiful projects to a dedicated team, the developer works diligently to stay ahead of the competition.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRead more\n\n\nSpotlight: A historic night for Vietnam\u2019s real estate market\n\n\nVietnam\u2019s top developers, projects, real estate agents and companies all took home honours at the Dot Property Vietnam Awards 2018. Among the big winners this year were Kien A Corporation and Cityland. A total of 23 awards were handed out this year.\n\n\nOrganised by Dot Property Vietnam, the country\u2019s fastest growing property portal, the Dot Property Vietnam Awards 2018 took place at the historic Hotel Rex in Ho Chi Minh City.\n\n\nRead more\n\n\nIn this issue: 4 things foreigners buying Makati condos must do\n\n\nOverseas buyers are able to purchase condominium units in Makati, however, the process isn\u2019t always smooth. There are several things foreigners buying Makati condos must do before the sale is complete. The first step is to be aware of the basics.\n\n\nRead more\n\n\nIn this issue: International buyers face price hikes in Penang\n\n\nOverseas property buyers eyeing Penang were dealt some bad news after the local government increased the real estate price floor for foreigners. Penang property prices have been on a slow decline in recent times and the move is the government\u2019s latest attempt to halt the slide.\n\n\nRead more\n\n\nThis is only a sample of the great stories you will find in this issue of Dot Property Magazine. \nClick here to read it\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-48-hour-mega-sale-sees-record-number-property-seekers-take-advantage-historic-discounts", "title": "Dot Property 48 Hour Mega Sale sees a record number of property seekers take advantage of historic discounts", "body": "\n\n\n\nThe Dot Property Group network of websites welcomed more than 160,000 visitors during the Dot Property 48 Hour Mega Sale. Real estate seekers took advantage of THB250 million in discounts available on condominiums, villas and houses throughout Thailand.\n\n\nNot only was website traffic up over last year\u2019s event, but the Dot Property 48 Hour Mega Sale recorded a 25 percent increase on enquiries as people looked to secure their discounted unit. The full force of Dot Property Group supported the two-day sale with synergy between Thailand-Property, Dot Property, Hipflat and other leading portals providing greater visibility and attracting even more property buyers.\n\n\nNa Reva Charoennakhon was among the most popular developments in Bangkok during the Dot Property 48 Hour Mega Sale. As one of only a few modern condominiums offering unobstructed, panoramic views of the Chao Phraya River, several buyers found the discounts for units here too good to pass up.\n\n\n\u201cWe were impressed with the interest Na Reva Charoennakhon received throughout the Dot Property 48 Hour Mega Sale and sold several units during the event,\u201d Khun Haruthai Sredrattanaskaw, Senior Sales Manager at Na Reva Charoennakhon, noted. \u201cBy attracting a large, engaged audience of property buyers, this event showed there is still real demand out there for Bangkok condominiums if you have the right product in a good location.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWyndham Nai Harn Beach Phuket from Cissa Group was another development that drew a sizable amount of interest from Dot Property 48 Hour Mega Sale attendees. Located in Phuket, the investment property garnered attention from both local and overseas buyers.\n\n\n\u201cThe Dot Property 48 Hour Mega Sale allowed us to reach an audience that was ready to make a decision. With most real estate buyers currently needing more time to figure out if they want to purchase or not, this event was a great way for us to overcome that obstacle,\u201d Tara Rungsangsuwan, Cissa Group Assistant Chief Commercial Officer, explained.\n\n\nIn a recent report surveying developers and real estate professionals, Dot Property Group found discounts were the most successful mechanism to attract buyers. With more than THB250 million in discounts available on real estate throughout Thailand, the Dot Property 48 Hour Mega Sale was the country\u2019s largest online sales event this year.\n\n\n\u201cTapping into the full power of the Dot Property Group allowed us to take the Dot Property 48 Hour Mega Sale to the next level. The record-setting amount of website traffic, leads and transactions we saw this year highlights just how powerful our network is,\u201d Adam Sutcliffe, Director, Events and International Markets at Dot Property Group, stated. \u201cWe are delighted to have this opportunity to connect property seekers and sellers in a unique setting. It shows that even during a challenging environment, demand for Thailand property still exists.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-48-hour-mega-sale-works", "title": "Dot Property 48 Hour Mega Sale: How it works", "body": "\n\n\n\nThe Dot Property 48 Hour Mega Sale gets underway on August 27th. We\u2019re excited to bring you Thailand\u2019s largest online property sale where you will find some of the biggest discounts on real estate ever made available in the Kingdom.\n\n\nIt is important to be ready for the two-day event in order to secure your dream home. Here is everything you need to know about how the Dot Property 48 Hour Mega Sale works.\n\n\nHow the Dot Property 48 Hour Mega Sale works\n\n\nStep 1: Register\n\n\nFirst, you need to register for the Dot Property 48 Hour Mega Sale. You can do that by clicking on this link:\n\n\nJoin Thailand\u2019s biggest online property sales event\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOnce you\u2019ve registered, you can proceed to the next step. Please note, you are still required to sign in on the day of the sale to see the available discounts. No other action is required once you have registered for the event. We will send you future updates automatically which brings us to the next step\u2026\n\n\nStep 2: Attend the Sneak Peek\n\n\nThe Dot Property 48 Hour Mega Sale Sneak Peek is your chance to see some of the discounts and properties on offer. In the days leading up to the event, you will receive an email containing a link for the preview session.\n\n\nDuring this time, you have a short window to view deals and contact developers in advance. Only people who registered prior in advance will be allowed into the Dot Property 48 Hour Mega Sale Sneak Peek.\n\n\nStep 3: Start shopping on August 27th\n\n\nStarting August 27th, you can enter the Dot Property 48 Hour Mega Sale and explore all available discounts. We will send you an email with the access link just before the event starts. This link is required to enter so make sure you check your email.\n\n\nDue to the heavy traffic expected during the Dot Property 48 Hour Mega Sale, we\u2019re encouraging everyone to register ahead of time. While you will have the chance to join on event day, the only way to access the sneak peek and receive exclusive updates is to sign up today.\n\n\nReserve your spot at the Dot Property 48 Hour Mega Sale\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-adds-hipflat-extensive-southeast-asia-network-announces-special-campaign-new-clients", "title": "Dot Property adds Hipflat to its extensive Southeast Asia network, announces special campaign for new clients", "body": "\n\nDot Property has acquired Hipflat and we're offering you a very special discount to celebrate this historic occasion \n\n\nDot Property, Southeast Asia\u2019s fastest growing real estate marketplace, recently announced that Hipflat has been added to the company\u2019s extensive regional network. Dot Property currently operates Thailand-Property.com and dotproperty.co.th in Thailand and the acquisition of Hipflat allows the marketplace to further increase its local presence.\n\n\nHipflat will complement Dot Property\u2019s service offerings in the Kingdom and becomes the 13\nth\n website to join the company\u2019s network since being founded in 2013. Despite being leading players in Thailand, the overlap in people enquiring about properties on Dot Property and Hipflat is less than five percent, a statistic highlighting the fact each platform has tapped into a unique market segment.\u00a0\u00a0\n\n\n\u201cHipflat is a valuable addition to the Dot Property network as we look to build upon Southeast Asia\u2019s most robust real estate marketplace. Our data shows there isn\u2019t a lot of overlap between our audience in Thailand and what Hipflat is doing here. Because of this, we strongly believe there is significant room for both to continue growing concurrently,\u201d James Claassen, Dot Property General Manager, explains.\n\n\nDot Property has recorded significant growth in Thailand over the past few years. In 2019, the number of visits to the company\u2019s English and Thai language websites rose by 71 percent while enquiries increased 63 percent. Dot Property remains confident in the long-term potential of the Thailand real estate market.\u00a0\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cUltimately, our goal is to help people find a home. By adding Hipflat to the Dot Property network, we can reach more homeseekers and provide them with unique search experiences,\u201d James states. \u201cMaking this acquisition positions the Dot Property network as the leading place to find a home in Thailand regardless of what you are searching for. No other platform in the country empowers property buyers and sellers with the suite of tools and services we provide.\u201d\u00a0\u00a0\n\n\nIn terms of operations, the Hipflat search experience will be empowered by support from Dot Property which has more than 70 staff members posted across Southeast Asia. Several upgrades to improve the Hipflat experience are already in the works with these to be announced in the coming months.\n\n\n\u201cEveryone at Hipflat is extremely excited to be joining Dot Property. This is an amazing opportunity to build upon our success as part of Southeast Asia\u2019s fastest growing real estate marketplace,\u201d Denis Nemtsev, Hipflat Founder and Chief Executive Officer, says. \u201cThe real winners here are Hipflat clients and users who will now enjoy improved support and a better overall experience\u201d\n\n\nHipflat launched in 2013 and now boasts more than 200,000 property listings from all over Thailand on its website. It has English, Thai, Japanese and Russian language versions to better serve clients in strategic overseas markets.\u00a0\u00a0\u00a0\n\n\nDot Property has launched a special campaign to celebrate this remarkable moment. Anyone wanting to join both Dot Property and Hipflat will receive a 20% discount when they sign up. Meanwhile, current clients can receive a generous discount on all contract renewals.\u00a0\n\n\n\u201cDespite the challenges of 2020, we have helped clients find success this year thanks to our innovative approach and deep knowledge of both the local and international markets. We want all property professionals in Thailand to come and experience the numerous benefits that partnering with us brings. That\u2019s why we have announced this very special campaign to join the Dot Property network,\u201d James concludes.\u00a0\u00a0\u00a0\n\n\nFor more information on the special campaign and how you can partner with Thailand\u2019s fastest growing real estate marketplace, contact Dot Property today at \n[email\u00a0protected]\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-awards-flashback-embracing-best-nature", "title": "Dot Property Awards Flashback: Embracing the best of nature", "body": "\n\nCam Ranh Bay Hotels and Resorts has a number of spectacular nature features\n\n\nGreen spaces are now incorporated into residential developments across Southeast Asia. In urban areas, these provide residents with a much-needed connection to nature along with a tranquil place which can be difficult to find in major cities. In this edition of Dot Property Awards Flashback, we look at some previous winners who found innovative ways to incorporate nature in their projects.\n\n\nSee more:\n \nEnter the Dot Property Awards 2020 in \nThailand\n, \nThe Philippines\n and \nVietnam\n\n\nLarossa at Capitol Hills\n\n\nBest Residential Botanical Development\n\n\nDot Property Philippines Awards 2018\n\n\nLarossa at Capitol Hills in Metro Manila\n\n\nMany developers design a project by creating the residential components first and then finding ways to include nature. Primehomes took an entirely different method when it came to planning Larossa at Capitol Hills in Metro Manila. The developer took the enchanting natural surroundings of Capitol Hills and designed around it to ensure sustainability and embrace the already existing green spaces. Trees have been preserved and nature protected to allow for a truly suburban development in an urban setting.\n\n\nRead more\n\n\nThe Sky Sukhumvit\n\n\nBest Condominium Smart & Green Design\n\n\nDot Property Thailand Awards 2019\n\n\nThe Sky Sukhumvit in Bangkok\n\n\nThe Sky Sukhumvit from Thai developer Property Perfect is a testament to what\u2019s possible when it comes to creating green spaces in the heart of a metropolis. Project designers managed to craft impressive gardens and green design that span each of the five buildings at The Sky Sukhumvit. Despite being steps away from Bangkok\u2019s bustling Sukhumvit Road, residents can feel a world away in their own, personal oasis.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRead More\n\n\nCam Ranh Bay Hotels and Resorts\n\n\nBest Beachfront Resort Development\n\n\nDot Property Southeast Asia Awards 2019\n\n\nTaking a one-of-a-kind location along the beautiful Cam Ranh Long Beach, Cam Ranh Bay Hotels and Resorts has embraced its surroundings to create a tropical paradise. From the palm tree lined streets to wide-open green spaces that flow effortlessly all the way to the beachfront, Cam Ranh Bay Hotels and Resorts is a sight to behold.\n\n\nRead More\n\n\nBrentwood\n\n\nBest Condo Development Cebu\n\n\nDot Property Philippines Awards 2017\n\n\nBrentwood in Cebu\n\n\nNature is about open spaces and being in a low-density environment. Brentwood from developer Primary Homes offers condo living in unconfined spaces where residents can take a deep breath and enjoy what\u2019s around them. The extra space also allows for resort-inspired amenities such as a swimming pool, clubhouse, fitness center and mini playground that are surrounded by green areas.\n\n\nRead more\n\n\nThere is still time to enter this year\u2019s Dot Property Awards. Click on the links for entry forms:\n\n\nThailand\n\n\nThe Philippines\n\n\nVietnam\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-awards-flashback-letting-people-decide", "title": "Dot Property Awards Flashback: letting the people decide", "body": "\n\nBEATNIQ from Thai developer SC Asset won the first People\u2019s Choice Award for Project of the Year Southeast Asia \n\n\nOne of the most unique aspects of the Dot Property Awards is the fact we let the public vote on what it thinks is the best. We started the People\u2019s Choice award at the Dot Property Vietnam Awards 2018. And while there have been small changes since then, the spirit of the honor has remained the same.\n\n\nWe want the public to have a place at the Dot Property Awards. Today, the announcement of the People\u2019s Choice Award for Project of the Year is perhaps the most anticipated moment during every single one of the presentation ceremonies. Winning means a great deal to developers as the public, the people who buy and live in these developments, validates their efforts. It\u2019s truly special.\n\n\nWe will introduce four more People\u2019s Choice Award for Project of the Year in 2020. But before that happens, let\u2019s take a look at the past winners.\n\n\nWant to be considered for 2020?\u00a0\nClick here to enter this year\u2019s Dot Property Awards\n\n\nHinode City \u2013 Dot Property Vietnam Awards 2018\n\n\nThe Dot Property Vietnam Awards 2018 saw Hinode City from developer Vietracimex win the very first People\u2019s Choice Award for Project of the Year. The project\u2019s credentials were impressive. It is the first project in Vietnam to be constructed with a landscape architectural system based on the Five-Elements philosophy. Developer Vietracimex utilized five areas symbolizing metal, wood, water, fire and earth to create a project unlike anything else currently found in Vietnam.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAll Inspire Development \u2013 Dot Property Thailand Awards 2018\n\n\nIn Thailand, the first People\u2019s Choice Award went to the country\u2019s best developer as voted on by the public. All Inspire Development\u2019s range of low- and high-rise condominiums in Bangkok offer quality and value which connected with the people who passionately voted for the company. Developers from Bangkok, Phuket, Hua Hin and Krabi all competed for the honor.\n\n\nSunshine Diamond River \u2013 Dot Property Vietnam Awards 2019\n\n\nSunshine Diamond River from developer Sunshine Homes \u2013 A Member of Sunshine Group took home the second People\u2019s Choice Award for Project of the Year in Vietnam. The project, which was also named Best Innovative Green Building Vietnam at the Dot Property Vietnam Awards 2019, stood out in a number of ways. A special emphasis was placed on the environment with the installation of green spaces and gardens throughout the project included to help keep things cool and regulate air quality.\n\n\nBEATNIQ \u2013 Dot Property Thailand Awards 2019\n\n\nThailand reverted to a project-focused People\u2019s Choice Award in 2019 to bring it in line with the other countries. The stylish BEATNIQ from developer SC ASSET received the most votes from the public and claimed the first People\u2019s Choice Award for Project of the Year in Thailand. BEATNIQ also won Best Luxury Condominium Bangkok at the Dot Property Thailand Awards 2019.\n\n\nPark Cascades \u2013 Dot Property Philippines Awards 2019\n\n\nPark Cascades from Alveo Land won the inaugural People\u2019s Choice Award for Project of the Year in the Philippines. The big winner\u2019s reveal concluded the very first Dot Property Philippines Awards 2019 presentation ceremony. Park Cascades was also named Best Mid-rise Development at the awards.\n\n\nBEATNIQ \u2013 Dot Property Southeast Awards 2019\n\n\nThe People\u2019s Choice Award for Project of the Year 2019 saw the three individual country winners face off in a public vote to determine Southeast Asia\u2019s best development. Thailand\u2019s BEATNIQ garnered the most votes and won the coveted honor.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-awards-flashback-winning-views", "title": "Dot Property Awards Flashback: Winning Views", "body": "\n\nThe view from Sunshine Marina Nha Trang, winner of Best Iconic Development in 2018\n\n\nThere are no categories based solely upon the quality of view at the Dot Property Awards, but we\u2019ve seen some previous winners with amazing vistas. In this week\u2019s Dot Property Awards Flashback, we take a look at four of the award-winning developments with views that left us speechless over the years.\n\n\nSunshine Marina Nha Trang Bay\n\n\nBest Iconic Development\n\n\nDot Property Vietnam Awards 2018\n\n\nThere are a number of reasons Sunshine Marina Nha Trang Bay is iconic. The integrated resort features cutting-edge technology along with international quality design. The development\u2019s view of the picturesque Nha Trang Bay is truly a sight to behold with the rooms and rooftop amenity deck allowing you to soak it all in.\n\n\nRead more\n\n\nThe View\n\n\nBest Luxury Development Phuket\n\n\nDot Property Thailand Awards 2017\n\n\nWith a name like The View, expectations are set pretty high. However, the project manages to surpass your wildest dreams thanks to an innovative design that maximizes the ocean views. The View sits on the highest position possible overlooking Phuket\u2019s Kata Beach and the beautiful blue waters of the Andaman Sea.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRead More\n\n\nSapphire Ha Long\n\n\nBest Beachfront Luxury Development Vietnam\n\n\nDot Property Vietnam Awards 2019\n\n\nThis upscale property is equipped with 5-star amenities and high-class facilities that have been designed to the best standards. It is all tied together by the impressive views of Ha Long Bay. The apartments in Sapphire Ha Long feature open spaces as well as large glass doors and balconies designed to accentuate the gorgeous view.\n\n\nRead More\n\n\nMenam Residences\n\n\nSoutheast Asia\u2019s Best of the Best Awards 2016\n\n\n Nestled along the banks of Bangkok\u2019s Chao Phraya River is Menam Residences, an award-winning condominium. \nYou\u2019ll be able to enjoy a one-of-a-kind living experience with postcard-worthy views of a bend in Bangkok\u2019s iconic river\n. Space and privacy have been emphasized as only a maximum of ten units are on each floor.\n\n\nRead more\n\n\nThere is still time to enter this year\u2019s Dot Property Awards. Click on the links for entry forms:\n\n\nThailand\n\n\nThe Philippines\n\n\nVietnam\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-awards-kicks-off-vietnam", "title": "The Dot Property Awards kicks off in Vietnam", "body": "\n\n\n\nThe Dot Property Vietnam Awards 2018 were held on 26 July in Ho Chi Minh City. A total of 23 awards were handed out with Kien A Corporation, Alpha King and Him Lam Land among the winners this year. More than 150 people attended the presentation ceremony at the Hotel Rex.\n\n\nThis year\u2019s awards were extra special with the inaugural People\u2019s Choice Award for Best Development presented to Hinode City. Voting was open to the public who selected the Japanese-inspired Hinode City from developer Vietracimex as their favourite this year.\n\n\nAdditionally, 2018 saw the launch of Vietnam\u2019s Best Real Estate Agencies presented by Leading Real Estate Companies of the World\u00ae. This special section of the awards showcased the country\u2019s leading real estate agencies and the important role they play in the property market.\n\n\nThe Dot Property Vietnam Awards 2018 were organised by Dot Property Vietnam in conjunction with Dot Property Magazine. The Dot Property Awards series spans Thailand, Vietnam, Indonesia and the Philippines. More than 100 winners were honoured in 2017.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNext up on the calendar is the Dot Property Thailand Awards 2018 which will take place in Bangkok at the Radison Blu Sukhumvit on 16 August. In addition to a full slate of awards, the People\u2019s Choice Award for Best Developer and Thailand\u2019s Best Real Estate Agencies presented by Leading Real Estate Companies of the World\u00ae will also be handed out.\n\n\nYou can take a look at some of the best photos from the Dot Property Vietnam Awards 2018 below. Dot Property Vietnam would like to congratulate all of this year\u2019s winners as well as Leading Real Estate Companies of the World\u00ae for their continued support of the Dot Property Awards.\n\n\nDot Property Vietnam Awards 2018 photo gallery\n\n\n\n\n\n\n\n\n\n\nDot Property Vietnam Awards 2018\n\n\n\n\n1\n of 18\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/dot-property-awards-launched", "title": "Dot Property Awards launched", "body": "\n\n\n\nThe \u2018Best of the Best Residences\u2019 in Southeast Asia will be in the spotlight when Dot Property Group, Asia\u2019s fastest-growing property portal group, highlights the finest properties from the region in its inaugural Awards \u2013 which will form the backbone of Issue 2 of its quarterly regional real estate magazine, published in October.\n\n\nLaunched last week, developers from throughout the region are already expressing great interest in the Awards, which will include an editorial spotlight on the chosen developments.\n\n\nAlva Horgan, Managing Director for Emerging and Frontier Markets at\n\u00a0\nDot Property Group\n, said: \u201cDespite only launching last week we\u2019ve seen interest from Vietnam, the Philippines, Malaysia, Indonesia, Singapore and Myanmar, and we\u2019re expecting to see significantly more in the coming days and weeks.\u201d\n\n\nEven with a closing deadline of September 18, property developers should not waste time to discover more about the Awards and the supporting marketing package that will enable them to make the most of their accolade.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAndrew Batt, Head of Content for Emerging and Frontier Markets at\n\u00a0\nDot Property Group\n, added: \u201cThe Awards represent a fantastic opportunity for developers to engage with buyers and investors, not only regionally but globally too, and enhance both credibility and brand awareness.\u201d\n\n\nEmail\n\u00a0\n[email\u00a0protected]\n\u00a0\nfor more information, and for details of the comprehensive supporting sponsorship packages that are on offer for non-property clients.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-awards-nominations-remain-open-presentation-ceremonies-proceed-2020", "title": "Dot Property Awards nominations remain open, presentation ceremonies to proceed in 2020", "body": "\n\n\n\nFrom all of us at Dot Property, we hope this message finds you in good health and spirits. The impact of COVID-19 in our region has been both unexpected and overwhelming, but we will persevere. A brighter future awaits once these challenging times have passed.\n\n\nWe understand that work can provide a welcome respite in a situation such as this. With that in mind, here\u2019s an update on our Dot Property Awards series. Currently, nominations remain open for the awards in Vietnam, Thailand and the Philippines. We encourage you to submit your entry form today if you haven\u2019t already entered.\n\n\nSee more:\n \nClick here for more information on entering this year\u2019s Dot Property Awards\n\n\nThe calendar for the Dot Property Awards presentation ceremonies has been set\n with events scheduled for Vietnam in July, Thailand in August and the Philippines in September. We sincerely hope these events can carry on as planned but understand the fluid nature of the current state of affairs.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe Dot Property events team is carefully monitoring how the situation is unfolding in each country and will provide updates as more information becomes available. That being said, we remain determined to bring you the Dot Property Awards this year as long as it is safe to do so.\n\n\nIn the meantime, please follow basic safety principles and obey local regulations as we all join together to fight the spread of COVID-19. We look forward to seeing you healthy and happy later this year at the Dot Property Awards.\n\n\nClick here to enter this year\u2019s Dot Property Awards\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-awards-produce-screen-new-way-experience-years-events-2", "title": "The Dot Property Awards to produce On Screen, a new way to experience this year\u2019s events", "body": "\n\nThe Dot Property Awards launched On Screen, a series of live broadcasts and video productions \n\n\nThe Dot Property Awards is proud to announce On Screen, a special video production coinciding with this year\u2019s Vietnam, Thailand, Philippines and Southeast Asia presentation ceremonies. On Screen is set to add a dynamic element to the Dot Property Awards series that adapts to the \u201cNew Normal\u201d required in each country.\n\n\n\u201cThe challenges of 2020 also created opportunities for greater innovation, and this is something the Dot Property Awards is embracing. On Screen is a forward-thinking new way to experience this year\u2019s presentation ceremonies. It allows us to celebrate winners and the property industry while still putting safety at the forefront,\u201d Adam Sutcliffe, Director, Events and International Markets at Dot Property, noted.\n\n\nOn Screen kicks off with a special live stream from the Dot Property Vietnam Awards in Ho Chi Minh City. The broadcast will feature a special one-hour, awards pre-show with guest interviews, demonstrations and a guide to the big event. The entire ceremony is set to be shown live via Facebook, building on successful Dot Property Awards\u2019 broadcasts in 2019.\n\n\nIn Thailand, On Screen will also feature a special live stream of the presentation ceremony. Both shows can be viewed in their entirety on demand any time after the event in addition to being available live. A special highlights video will be released in the weeks following each ceremony.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFor the Dot Property Philippines Awards, On Screen will produce a unique, 60-minute program that takes an in-depth look at this year\u2019s winners along with providing insights about the Philippine real estate industry. Viewers can learn more about who has won this year and have the opportunity to hear from winners directly about their achievements.\n\n\n\u201cOn Screen is the perfect addition to our awards series. It offers winners with another outlet to showcase their success while creating a richer, more engaging experience throughout the Dot Property Awards schedule. Simply put, On Screen promises to be can\u2019t miss viewing for those in the property sector,\u201d Sutcliffe concluded.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-awards-return-2022-full-slate-person-celebrations", "title": "Dot Property Awards return in 2022 with a full slate of in-person celebrations", "body": "\n\n\n\nIn what promises to be a return unlike any other, the Dot Property Awards are back this year with a full complement of in-person presentation ceremonies spanning Southeast Asia. After two years of innovative events to recognize the real estate industry, the most exciting awards series in the region can finally get back to what it does best.\n\n\nThat is honoring Southeast Asia\u2019s leading property developers, projects, agents and companies that contribute to the industry during legendary in-person celebrations. A total of four events are scheduled for 2022 with festivities getting underway in July. First up is the Dot Property Vietnam Awards which are set for Ho Chi Minh City.\n\n\nAugust will see the Dot Property Thailand Awards return to Bangkok while the Dot Property Philippines Awards are coming to Metro Manila in September. Everything comes to a crescendo in December as the Thai capital also plays hosts the Dot Property Southeast Asia Awards. Dates and venues will be unveiled shortly.\n\n\n\u201cIt\u2019s extremely exciting to announce the full return of the Dot Property Awards with four in-person celebrations to be organized across Southeast Asia. This year will be a celebration of not only the industry but also the arrival of some much-needed normalcy,\u201d Adam Sutcliffe, Director, Events and International Markets at Dot Property Group, explained. \u201cThere is no real estate awards series as well received as the Dot Property Awards. We can\u2019t wait to welcome everyone back and show them what we have planned.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nEntries for the Dot Property Awards are currently open. \nClick here for more information on how you can submit your entry\n.\n\n\nDot Property Awards winners build their legacy\n\n\nWhile the celebrations in 2022 are going to be different from the past two years, the Dot Property Awards will continue on with its mission to honor the best real estate across Southeast Asia. For winners, the recognition serves as both vindication of their hard work and inspiration to dream even bigger.\n\n\nColours Development in Thailand is an outstanding example of this. The homebuilder\u2019s AROM Wongamat was named Best Luxury Condominium Eastern Seaboard at the Dot Property Thailand Awards 2021. This victory was confirmation of its vision as well as a springboard for upcoming launches, including the highly anticipated AROM Jomtien.\n\n\n\u201cWinning the Best Luxury Condominium Eastern Seaboard award was vindication of our mindset which is \u2018dare to think\u2019. We are committed to developing projects that reach new standards of real estate throughout Thailand\u2019s Eastern Seaboard and the award symbolizes our journey down that path,\u201d Khun Park Thannaakkarachol, Colours Development CEO & Founder proclaimed. \u201cIt is also inspiring us to create new works that will be released this year.\u201d\n\n\nAbout the Dot Property Awards\n\n\nNow in its seventh year, the Dot Property Awards recognize the best in real estate by honoring the leading developers, projects and companies that contribute to the industry. Nearly 500 Dot Property Awards have been presented since the series launched in 2016. Previous events have been hosted in Bangkok, Ho Chi Minh City, Hanoi and Metro Manila as well as digitally. For sponsorship opportunities, please contact \n[email\u00a0protected]\n\n\nClick here to enter this year\u2019s celebrations\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-awards-returns-2020-full-slate-events", "title": "Dot Property Awards return in 2020 with a full slate of events", "body": "\n\n\n\n\n\n\n\n\n\nThe Dot Property Awards, Southeast Asia\u2019s fastest growing awards series, returns in 2020 with four ceremonies scheduled. Bangkok, Ho Chi Minh City and Metro Manila will all host presentation ceremonies celebrating the best real estate in their respective countries this year.\n\n\nMore than 120 honors were handed out across four events last year as part of the Dot Property awards series. Now in its fifth year, the Dot Property Awards recognizes the best in real estate by celebrating the leading developers, projects and companies that contribute to the sector.\n\n\nThis year will kick off in Vietnam with the Dot Property Vietnam Awards 2020. The presentation ceremony returns to the historic Reverie Saigon Hotel in July. Last year, the coveted People\u2019s Choice award went to Sunshine Diamond River from Sunshine Homes \u2013 A Member of Sunshine Group while Novaland won Best Developer Vietnam.\n\n\nAugust will see the return on the Dot Property Thailand Awards. The 2020 edition will be held at the luxurious Park Hyatt Bangkok. Sansiri was named Best Developer Thailand, the top honor at the event. Additionally, a total of eight firms were named as Thailand\u2019s Best Real Estate Agencies 2019 with another group of winners to be unveiled this year.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe Peninsula Manila will once again welcome real estate\u2019s best in the Philippines for the Dot Property Philippines Awards 2020. Slated for September, anticipation is already building for the event after last year\u2019s strong showing. The country\u2019s largest developers, including SM Development Corporation, Robinsons Land and Filinvest, all took home awards in 2019.\n\n\nEverything concludes in December with the Dot Property Southeast Asia Awards 2020 in Bangkok. Companies from around the region compete to be called the region\u2019s best at the Hyatt Regency Bangkok. Nearly 50 awards were presented at last year\u2019s celebration with winners hailing from Vietnam, the Philippines, Thailand, Malaysia, Indonesia and Singapore.\n\n\n\u201cWe are excited for all of this year\u2019s Dot Property Awards events. Last year was incredible with more winners and attendees than ever before and we will easily surpass those totals in 2020,\u201d Adam Sutcliffe, Dot Property Director, Events and International Markets, says. \u201cFrom the unique layout of our ceremonies to the highly anticipated after parties, you don\u2019t want to miss the Dot Property Awards.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-awards-winners-mean-business", "title": "These Dot Property Awards winners mean business", "body": "\n\nTryne Enterprise Plaza won Best Office Development at the Dot Property Philippines Awards 2019\n\n\n\nThe Dot Property Awards series covers all types of real estate. Today, we are going to take a look back at some of the commercial developments and offices that have been honored during the past few years. Office life has changed a lot and will continue to evolve as we move forward. Chances are these winners will be leading the charge.\n\n\nWant to be considered for 2020?\u00a0\nClick here to enter this year\u2019s Dot Property Awards\n\n\nTryne Enterprise Plaza\n\n\nBest Office Development\n\n\nDot Property Philippines Awards 2019\n\n\nTryne Enterprise Plaza has been designed to be a place that attracts and retains top talent in Metro Manila. However, the impressive range of features don\u2019t focus entirely on those working here. Developer Alveo Land emphasized sustainability and the development is both GBC Compliant and LEED Certified. The project is equipped with 100 percent double-glazed windows, a rainwater harvesting system, daylight-controlled lighting and occupancy sensors.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRead more\n\n\nWorkyos\n\n\nBest Serviced Office\n\n\nDot Property Southeast Asia Awards 2017\n\n\nWorkyos is situated in the heart of Ho Chi Minh City and has become one of Vietnam\u2019s most respected serviced office spaces. That\u2019s because you aren\u2019t simply getting a great working environment, but the support of Workyos\u2019 founders as well. The team has assisted startups in many European and Asian markets and are always ready to collaborate, discuss, introduce and support your business.\n\n\nRead More\n\n\nPAX SKY\n\n\nBest Serviced Office Provider\n\n\nDot Property Southeast Asia Awards 2019\n\n\nPAX SKY collects their honor at the Dot Property Southeast Asia Awards 2019\n\n\nPAX SKY is a leader when it comes to serviced offices in Southeast Asia. The company is committed to providing customers with an office address that is luxurious, convenient and optimal. Unlike traditional serviced office providers, PAX SKY wants to make sure clients have a sense of belonging.\n\n\nRead More\n\n\nAnchor Land Corporate Center\n\n\nBest Sustainable Development\n\n\nDot Property Southeast Asia Awards 2017\n\n\nAnchor Land Holdings, Inc. President Elizabeth Ventura (center) accepts the firm\u2019s awards from Dot Property Group Founder Ben Neve (right) and Sunniya Kwatra, Dot Property Head of Sponsorship Sales\n\n\nAnchor Land Corporate Center is an inspiring commercial space that boasts an impressive array of sustainable features. Green architecture and design elements have been incorporated throughout the development with both the environment and employees in mind. Anchor Land Corporate Center is LEED Pre-Certified GOLD.\n\n\nRead more\n\n\nWant to be considered for 2020?\u00a0\nClick here to enter this year\u2019s Dot Property Awards\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-black-friday-sale-generates-significant-sales-thailand-property-market-picks", "title": "Dot Property Black Friday Sale generates significant sales as Thailand property market picks up", "body": "\n\n\n\nThere is still demand for Thailand property, it\u2019s just a matter of knowing where and how to locate active buyers. This was the key takeaway from the Dot Property Black Friday Sale where a significant number of real estate transactions occurred, and a record number of people visited the Dot Property Thailand website.\n\n\nThe Dot Property Black Friday Sale took place on June 19 with 20 of the Kingdom\u2019s leading property developers offering their largest discounts of the entire year for 12-hours only. Developer Asset Wise was one of the busiest participants selling several condo units in Modiz Sukhumvit 50 during the online sales event.\n\n\n\u201cWe are delighted with the Dot Property Black Friday Sale. The fact we sold several units in Modiz Sukhumvit 50 in only 12 hours shows Dot Property truly understands the needs of buyers. Our success also proves there is real demand for Thailand property so long as you offer the right product at the right price and work with a partner who understands the market like Dot Property,\u201d Asset Wise Assistant Vice President, Khun Sineenuch Sriumnouy, explained.\n\n\nMore than 56 percent of all Dot Property Black Friday Sale attendees were based in Thailand with interested property buyers from the United States, Singapore, Hong Kong and China taking part in the event as well.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFor developers such as Risland, the audience of engaged property seekers allowed them to reach active buyers and sell nearly THB12 million worth of condo units in The Cloud Thonglor Petchburi.\n\n\n\u201cThe Dot Property Black Friday Sale was a unique event that really captured the attention of real estate buyers. Our team was blown away by the response we received for The Cloud Thonglor Petchburi. We manage to sell nearly THB12 million worth of condo units in the project during the sale. That can be attributed in large part to the comprehensive marketing efforts and reach of Dot Property who knows exactly where the demand for Thailand property is coming at all times.\u201d Chao Zhong, Project Director of The Cloud Thonglor Phetchaburi, stated.\n\n\nThere were a number of events held throughout the Dot Property Black Friday Sale including Facebook Live broadcasts from various projects around Bangkok including Beatniq by SC Asset, the winner of People\u2019s Choice Award for Project of the Year at the Dot Property Southeast Asia Awards 2019.\n\n\nBilled as Thailand\u2019s biggest online property sales event, the Dot Property Black Friday Sale proved to be hit with property seekers and developers. Additionally, it showed demand for Thailand property is still out there.\n\n\n\u201cBetween the number of sales recorded during the Dot Property Black Friday Sale and the record amount of website traffic we saw, it is safe to say there is interest in the Thailand property market. The key for developers at a time like this is reaching active buyers. No one in Thailand has the reach, knowledge and marketing tools that Dot Property has to help companies achieve this goal,\u201d Adam Sutcliffe, Director of Events and International Markets, said.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-brings-thailand-closer-home-facebook-marketplace-integration", "title": "Dot Property brings Thailand closer to home with Facebook Marketplace integration", "body": "\n\nDot Property's integration with Facebook Marketplace brings it one step closer to moving Asia online\n\n\nDot Property, Southeast Asia\u2019s fastest growing real estate property portal group, is proud to announce the company\u2019s rental listings will now appear on Facebook Marketplace in Thailand. The move empowers home seekers with even more search options as they look for the perfect rental property.\n\n\nOver the coming weeks they will be able to search through Dot Property\u2019s impressive array of rental listings in Bangkok, Phuket, Pattaya, Samui, Hua Hin and everywhere else in the Kingdom. \nThailand Property\n\u00a0is the most visited English-language property portal in the country while \nDot Property Thailand\n\u00a0has become a trusted source for Thai-language real estate listings.\n\n\nRenters can use Facebook Marketplace to find a new home in Thailand\n\n\n\u201cIntegration with Facebook Marketplace represents yet another innovative step from Dot Property towards our goal of moving Asia online. This ensures home seekers have access to our high-quality listings and provides them with another valuable resource during their search for a new home,\u201d Matthew Campbell, Dot Property CEO, states. \u201cThis is also extremely beneficial for the real estate agents working with us. Their listings are being seen by even more people.\u201d\n\n\nMarketplace boasts rental properties from listing partners in the US, the UK, Canada and France and is now branching out to Thailand. The process is seamless for both home seekers and agents. Once a prospective renter finds a home they\u2019re interested in, all they need to do is fill out a short contact form that is sent directly to the person representing the property.\n\n\n\u201cDot Property is committed to finding innovative, yet practical ways to make life easier for property renters, buyers, sellers and landlords. Our Marketplace integration is the latest way for us to bring Thailand closer to home,\u201d Campbell concludes.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-group-award-winners-give-back-thai-community-habitat-humanity", "title": "Dot Property Group and award winners give back to the Thai community with Habitat for Humanity", "body": "\n\n\n\n\n\n\n\n\n\nIt was a big day for the Dot Property Group as well as the generous winners and attendees of the Dot Property Southeast Asia Awards 2020 Charity Gala. Proceeds from that event were donated to Habitat for Humanity who used it to build housing for those in need. The culmination of those efforts was recently realized as families were able to move into their new homes.\n\n\nThe occasion was a day full of happiness and giving thanks as more than 150 people gathered to celebrate the handover of the new houses. This included local officials who helped make the project possible, Habitat for Humanity leadership and representatives from Dot Property Group.\n\n\nTwo row-houses with ten homes each were built as part of the project. A total of 20 families that live below the poverty line, live with people with disabilities, female-headed households or elderly caretakers moved into the development that was located in the U-thong district of the Suphanburi province which is a two-hour drive northeast of Bangkok.\n\n\nImpressively, the housing was completed in 10 months and the site also includes electricity and a water station. The safe, high-quality living quarters assist some of Thailand\u2019s most vulnerable groups by providing them with the comfort and security of their own home.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe partnership with Habitat for Humanity on the project allowed Dot Property Group to further its mission of helping people find a home.\n\n\n\u201cOur mission at Dot Property Group is helping people find a home and this is one of the most rewarding ways to do that,\u201d Adam Sutcliffe, Director, Events and International Markets at Dot Property Group, proclaimed. \u201cWe wish to thank all of the award winners who helped make this outstanding project possible for their charitable contributions.\u201d\n\n\nFor more information on how you can support Habitat for Humanity, please visit \nwww.habitatthailand.org\n. To learn more about the Dot Property Awards and other events organized by Dot Property group, \nclick here\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-group-bangkok-condo-market-report-q1-now", "title": "The Dot Property Group Bangkok Condo Market Report Q1 is out now", "body": "\n\nDownload the Dot Property Group Bangkok Condo Market Report Q1\n\n\nThe Dot Property Group Bangkok Condo Market Report Q1 is available for download today! \nClick here for your copy\n.\n\n\nThe past six months have been extremely interesting as far as the Bangkok condo market is concerned. As Thailand emerges from the COVID-19 pandemic and life returns to some semblance of normal, several notable trends have emerged.\n\n\nThe Dot Property Group Bangkok Condo Market Report Q1 explores these through data gleaned from our network of leading websites. We collected information as it related to both the rental and sales market to get a better understanding of demand for condominium units in the Thai capital.\n\n\nThis report uncovers the most popular places for Bangkok condos as well as what domestic and international buyers are searching for. These insights can provide a glimpse into both where the market has been and where it could be heading in the months to come.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDownload your copy of the report today\n!\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/dot-property-group-releases-2022-philippine-real-estate-year-review", "title": "Dot Property Group releases the 2022 Philippine Real Estate Year In Review", "body": "\n\n\n\nDemand for real estate in the Philippines peaked during the third quarter of last year which is in line with the traditional property cycle. Interest steadily grows during the first six months as developers bring new projects to the market and agents add to their portfolios.\n\n\nFewer launches take place in the second half which causes supply to shrink over the final three months. That, coupled with outside factors, sees demand slow down during the holiday season.\n\n\nOverall, the Philippine real estate market looks to be in recovery mode with demand surging in Metro Manila and Metro Cebu while remaining steady elsewhere across the country. Unsurprisingly, the most popular location remains the National Capital Region, followed by Calabarzon and Central Visayas.\n\n\nMost Popular Locations For Property in 2022\n\n\n\n\nNational Capital Region\n\n\nCalabarzon\n\n\nCentral Visayas\n\n\nCentral Luzon\n\n\nDavao\n\n\n\n\nIn the Philippines, condominiums units make up 53 percent of all residential demand in the country. Unsurprisingly, this is dominated by Metro Manila which accounts for more than 80 percent of total condo interest in the country.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe \nDot Property Group Philippine Real Estate Year in Review\n takes a look back at what happened in 2022 using data collected from our network of leading websites. We gathered information as it related to the sales market to gain a better understanding of demand for property throughout the country.\n\n\nWhen we say demand, we are referring to inquiries made by a person through one of our sites. In our view, this captures a tangible act of interest which can be used to represent a form of demand.\n\n\nThese insights provide a glimpse into both where the situation has been and where it could be heading this year.\n\n\nDownload your copy of the\u00a0Dot Property Group Philippines Real Estate Year in Review!\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-group-releases-2022-thailand-real-estate-year-review", "title": "Dot Property Group releases the 2022 Thailand Real Estate Year In Review", "body": "\n\n\n\nAfter a slow start to 2022, demand for real estate in Thailand picked up significantly in April and never really slowed until December which is a historically slow month. Housing was the preferred property type as it accounted for 54.3 percent of all residential inquiries made via the Dot Property Group network of websites.\n\n\nThe monthly demand trends closely match Thailand\u2019s annual property cycle. Things tend to be relatively quiet until after Songkran when developers start launching more projects and agents are able to add to their portfolios. The situation peaks around August or September when new launches slow and agents have fewer properties to offer home seekers.\n\n\nThe Dot Property Group Thailand Real Estate Year in Review\n takes a look back at what happened in 2022 using data collected from our network of leading websites. We gathered information as it related to the sales market to gain a better understanding of demand for property throughout the Kingdom.\n\n\nWhen we say demand, we are referring to inquiries made by a person through one of our sites. In our view, this captures a tangible act of interest which can be used to represent a form of demand.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThese insights provide a glimpse into both where the situation has been and where it could be heading this year.\n\n\nDownload your copy of the\u00a0Dot Property Group Thailand Real Estate Year in Review!\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-magazine-brings-best-winter-1920-issue", "title": "Dot Property Magazine brings you the best in Winter 19/20 issue", "body": "\n\n\n\nThe new issue of Dot Property Magazine starts with one of the most amazing villa developments in Southeast Asia. Lapista Luxury Villas is our cover story and you can read about this extraordinary collection of residences located in Northeast Phuket. The project, which won Best Architectural Villa Design Phuket at the Dot Property Thailand Awards 2019, is inspired by the precious blue gemstone Lapis.\n\n\nAlso in this issue, we celebrate the winners of the \nDot Property Philippines Awards 2019\n and \nDot Property Southeast Asia Awards 2019\n. Both ceremonies were impressive with real estate finest in attendance. Be sure to check out the issue and learn more about the winners.\n\n\nWe take a look at how \nChina\u2019s Belt and Road plans are taking shape in the region\n as well. The dynamics of the ambitious project have changed since first being rolled out with Belt and Road 2.0 providing a roadmap to great collaboration.\n\n\nYou can also read more about the property markets in \nMetro Manila\n, \nMalaysia\n, \nThailand\n and find out about one of the most impressive cities for real estate investment that people aren\u2019t talking about. All that and more in the Winter 19/20 issue of Dot Property Magazine.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHow to read Dot Property Magazine\n\n\nDot Property Magazine, Asia\u2019s premier real estate magazine, is out now. You can read it online by\u00a0\nclicking\u00a0\nhere\n\u00a0or pick up a copy at outlets around the region including Suvarnabhumi Airport. If you prefer to read it on the go, download the FREE Dot Property Magazine app. You can find it in the\u00a0\nApple Store\n\u00a0and\u00a0\nGoogle Play\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-magazine-brings-special-double-issue", "title": "Dot Property Magazine brings you a very special double issue", "body": "\n\nThe newest issue of Dot Property Magazine lets you explore Samujana, an amazing villa project in Thailand\n\n\nThe first edition of Dot Property Magazine in 2020 is truly special. We\u2019ve launched a special double issue is one of our largest ever. This means more great information, interviews and real estate insights from Southeast Asia and beyond. Due to the ongoing COVID-19 pandemic, this is online only release which you can download \nright here\n!\n\n\nWant to take a sneak peak inside the magazine? Here are a few of the amazing stories you will find in the Dot Property Magazine special double issue.\n\n\nCover Story \u2013 Samujana is The Crown Jewel of Koh Samui\n\n\nThe events of the past six months probably have you dreaming about owning a luxurious villa in some faraway tropical paradise. A destination where all you have to worry about is relaxing. A place where the only people that can find you are the ones you want to find you. Chances are your dreams look exactly like Samujana.\n\n\nClick here to keep reading\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSpecial Feature \u2013 The Philippines makes its case to be Southeast Asia\u2019s leading retirement destination\n\n\nThose wanting to retire in Southeast Asia have no shortage of options. Thailand continues to be popular in spite of an opaque visa process. Malaysia is another retirement hotspot with the Malaysia My Second Home (MM2H) program making it easy to purchase property and obtain a long-stay visa.\n\n\nHowever, the Philippines stands out as perhaps being the most welcoming place for an international retiree, and we aren\u2019t simply talking about the warm hospitality the country is known for.\n\n\nClick here to keep reading\n\n\nInsights \u2013 Vietnam is becoming a second home destination for international property buyers\n\n\nThe Vietnam tourism property market is still relatively new, but it is a segment many experts have pointed to as having the potential for strong development. That\u2019s due to rising foreign and domestic tourism alongside a growing number of appealing holiday destinations.\n\n\nAccording to Kenneth Atkinson, Founder and Senior Board Adviser at Grant Thornton Vietnam, foreign homeowners could be a major factor in sustaining the tourism market over the long term.\n\n\nClick here to keep reading\n\n\nTrends \u2013 Japanese ski properties are a must own for Asia\u2019s lifestyle real estate investors\n\n\nAmerica has Aspen and Vail. Europe has the Alps. All are lovely places, but not exactly convenient destinations for skiers in Asia. That fact led to the rise of Hokkaido as the region\u2019s snowy retreat during the winter months. First there was Niseko, but now Kiroro has emerged as a prime location for Japanese ski properties.\n\n\nLocated on the north slopes of Mount Yoichi, Kiroro has become popular due to the fact it\u2019s closer to both Sapporo and New Chitose International Airport than Niseko. Meanwhile, the skiing is just as good while a new property development is allowing real estate investors to own a home in this winter wonderland.\n\n\nClick here to keep reading\n\n\nHow to read Dot Property Magazine\n\n\nDot Property Magazine, Asia\u2019s premier real estate magazine, is out now. You can read it online by\u00a0\nclicking\u00a0here\n. If you prefer to read it on the go, download the FREE Dot Property Magazine app. You can find it in the\u00a0\nApple Store\n\u00a0and\u00a0\nGoogle Play\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-magazine-celebrates-real-estates-best-newest-issue", "title": "Dot Property Magazine celebrates real estate\u2019s best in newest issue", "body": "\n\n\n\nRead Dot Property Magazine now by \nclicking here\n!\n\n\nWant to find out who is real estate\u2019s best in Vietnam and Thailand. You\u2019ve come to the right place. The newest issue of Dot Property Magazine takes a look at all the winners from the Dot Property Thailand Awards 2019 and Dot Property Vietnam Awards 2019 including photos from events in Ho Chi Minh City and Bangkok.\n\n\nSee more:\n \nDot Property Vietnam Awards 2019 showcase the country\u2019s best\n\n\nThe spectacular project on our cover this time around is the award-winning Botanica Luxury Villas in Phuket. From the project\u2019s exquisite design to an ideal location near the Laguna neighbourhood of Phuket, Botanica Luxury Villa provides the best life has to offer. Additionally, The development also has professional rental management service that will take care of the property and handle short-term rentals. All you need to do is sit back, relax and enjoy the luxury.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAlso in this issue, we checkout some property investment news and notes from Metro Manila as well as take a look at some of the retirement visas available in Southeast Asia. And that is only the start. Don\u2019t wait any longer. Start reading the newest issue of Dot Property Magazine today!\n\n\nHow to read Dot Property Magazine\n\n\nDot Property Magazine, Asia\u2019s premier real estate magazine, is out now. You can read it online by\u00a0\nclicking\u00a0\nhere\n\u00a0or pick up a copy at outlets around the region including Suvarnabhumi Airport. If you prefer to read it on the go, download the FREE Dot Property Magazine app. You can find it in the\u00a0\nApple Store\n\u00a0and\u00a0\nGoogle Play\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-magazine-release-first-issue-year", "title": "Dot Property Magazine releases first issue of 2019", "body": "\n\n\n\nA new issue of Dot Property Magazine has been released and in it you\u2019ll find a wealth of news and information on all things related to Southeast Asia\u2019s real estate scene.\u00a0Our cover story takes an in-depth look at Anchan Hills, a villa development that offers one of Phuket\u2019s best investment opportunities.\n\n\nWe also check-in with BitOfProperty, a crowdfunding real estate investment platform that could soon make its way to Southeast Asia. \nClick here to read more\n.\n\n\nIf you want to know more about the South Korea property market, we have a multi-story feature that explores at the\u00a0country\u2019s liberal foreign ownership laws and tries to figure out if the market is trending up or down. \nClick here to read more\n.\n\n\nOther stories we covered in this issue include \nCebu\u2019s historic property market\n, \na recession-proof real estate investment in the UK\n and the performance of the Bangkok condo rental market.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDownload\u00a0Dot Property Magazine Now\n\n\nDot Property Magazine, Asia\u2019s premier real estate magazine, is out now. You can read it online by \nclicking here\n\u00a0or pick up a copy at outlets around the region including Suvarnabhumi Airport. If you prefer to read it on the go, download the FREE Dot Property Magazine app. You can find it in the\u00a0\nApple Store\n\u00a0and\u00a0\nGoogle Play\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-magazine-releases-newest-issue", "title": "Dot Property Magazine releases newest issue", "body": "\n\n\n\nThe latest issue of Dot Property Magazine is out, and you can\u2019t help but notice the cover. The View is one of Phuket\u2019s most exclusive developments and has one of the best views in all of Southeast Asia. Read what people living here are saying about it. Also in this issue, the winners of the Dot Property Philippines Awards 2017 are announced and we take a look at Singapore\u2019s Orchard Road.\n\n\nThere is also an in-depth look at the London and Melbourne property markets, two areas foreign real estate investors have been watching closely. Be sure to check out the March/April issue of Dot Property Magazine.\n\n\nClick here to read\u00a0Dot Property Magazine\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/dot-property-malaysia-awards-coming-july", "title": "Dot Property Malaysia Awards coming in July", "body": "\n\n\n\n#dotpropertyawards\n\n\nThe Dot Property Malaysia Awards are set for July. Several exciting projects from Malaysia were winners at the inaugural Dot Property Awards last year with Walker Corporation\u2019s Senibong Cove and \nThe Clovers by Asia Green\n among the big winners. The country\u2019s top developers and projects will once again be vying for honours with a host of new awards, including Best Developer Kuala Lumpur and Best Boutique Developer, to be handed out this year.\n\n\nIt\u2019s not too late to join the country\u2019s most exciting property awards. Established by Dot Property Malaysia, the country\u2019s largest online property portal, the awards are an extension of last year\u2019s successful Dot Property Awards which focused on the \u201cBest of the Best\u201d in Southeast Asian real estate.\n\n\nThis year will be bigger and better with more than 50 awards up for grabs. The Dot Property Malaysia Awards will honour developers, developments, innovation, design and much more while focusing on the entire country including Kuala Lumpur, Penang and Johor Bahru.\n\n\nLast year\u2019s awards had several renowned \nsponsors\n including The Teka Group, one of the world\u2019s leading kitchen and bathroom companies. Teka operates 25 factories spread over three continents. The company markets its products in more than 110 countries and serves more than 100 million consumers throughout the world.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDon\u2019t wait to join the Dot Property Malaysia Awards\n\n\nThis year\u2019s Dot Property Malaysia Awards will shine the spotlight on the absolute best the country\u2019s real estate market has to offer. Award Winners will be announced throughout Southeast Asia in the July issue of Dot Property Magazine as well as online at www.dotproperty.com.my ensuring maximum regional exposure.\n\n\nThere are still opportunities to be a part of the Dot Property Malaysia Awards, but time is running out. For more information contact \n[email\u00a0protected]\n today!\n\n\n#dotpropertyawards\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-named-official-marketing-partner-thailand-launch-west-londons-tallest-residential-building-one-west-point", "title": "Dot Property named official marketing partner for Thailand launch of West London\u2019s tallest residential building, One West Point", "body": "\n\nDot Property is overseeing the launch of One West Point, West London's tallest residential building, in Bangkok\n\n\nRespected UK property developer City & Docklands has chosen Dot Property to launch One West Point, West London\u2019s tallest residential building, in Thailand. The leading online real estate marketplace will be the official marketing partner of this exciting project with the developer appointing Savills Thailand to support local buyers.\n\n\nThis will be the first chance buyers in Thailand have to acquire a property in One West Point. The landmark residence will stand 54-stories tall once complete, and is set to be the tallest residential building in West London offering unrivalled views across the capital. Located in a prime position at the heart of the North Acton/Old Oak regeneration area, the project will be close to the city\u2019s only super transport hub.\n\n\nUnits inside One West Point provide smart living spaces tailored to the needs of residents. All units boast a balcony, terrace or sun lounge to ensure the amazing views of London can be enjoyed by everyone. Meanwhile, a number of innovations can be found in each residence with modern touches, such as cutting-edge kitchen fittings and Engineered Oak underfloor heating, coming as standard.\n\n\nSchedule a private appointment for more information on One West Point\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAs the official marketing partner for One West Point in Thailand, Dot Property will leverage its industry-leading experience promoting overseas real estate to reach a bespoke audience of local investors.\n\n\nThose interested in the project can schedule a private, one-on-one appointment with Savills Thailand in Bangkok. Online appointments are also available for anyone outside of the city. During your consultation, you will learn more about this impressive development as well as gain knowledge on the London property market. Appointments can be conducted in either Thai or English.\n\n\nIf you would like to be among the first in Thailand to receive information on the launch West London\u2019s tallest residential building, you can reserve your meeting here. Only a limited number of appointments are available and advanced registration is required.\n\n\nAbout City & Docklands\n\n\nCity & Docklands has a portfolio of high-profile residential developments in London and has completed 17 highly successful schemes, delivering over 5,000 luxury apartments to date. Its newest launch, One West Point is set to become the latest and most prolific new landmark on London\u2019s skyline. \nYou can schedule your private appointment here\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-names-best-real-estate-agencies-southeast-asia-2018", "title": "Dot Property names the Best Real Estate Agencies Southeast Asia 2018", "body": "\n\nThu Thiem Real accepts its award for being named as one of the Best Real Estate Agencies Southeast Asia 2018 during a media ceremony in Ho Chi Minh City\n\n\nBest Real Estate Agencies Southeast Asia 2018\n\n\nThe Dot Property Southeast Asia Awards is proud to present the Best Real Estate Agencies Southeast Asia 2018. With the bustling real estate sector welcoming a growing number of domestic and international property buyers, real estate agents are more important now than ever before.\n\n\nRE/MAX Philippines (The Philippines)\n\n\nRE/MAX Philippines has found great success since being established in 2012. The agency now boasts a network of 20 franchises and 200 brokers and associates in the country. The company has enlisted the leading real estate practitioners and provides them with full-time support. Despite its size and stature, RE/MAX Philippines remains nimble enough to adjust to the market\u2019s needs.\n\n\nFor more information, please visit: www.remax.ph\n\n\nEasy Living Phuket (Thailand)\n\n\nEasy Living Phuket is dedicated to being a unique, bespoke real estate company that helps clients at every step along the way. The company\u2019s portfolio includes some of the best condominiums, penthouses and villas on Phuket. But its work doesn\u2019t stop there. Easy Living Phuket leverages its local knowledge to offer the best possible advice to people looking to buy property on the island. Whether you want to own Phuket property as a full-time home, holiday home or as an income generating residence, Easy Living Phuket makes it possible.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFor more information, please visit: www.easylivingphuket.com\n\n\nThu Thiem Real (Vietnam)\n\n\nThu Thiem Real (TTReal) is a leader in consultancy, marketing and distribution of real estate projects and condominiums in Vietnam. For nine years, the company has served property buyers in sellers in Ho Chi Minh City, Hanoi, Vung Tau and the surrounding areas. TTReal has more than 300 employees and continues to promote its research activities as well as focusing on customer care and employee training.\n\n\nFor more information, please visit: ttreal.vn\n\n\nPrime Real Estate Phuket (Thailand)\n\n\nProperty seekers receive a free, personal and professional property service when working with Prime Real Estate Phuket. The company\u2019s clients benefit from local knowledge and success at locating the right property regardless of if you\u2019re looking to move to Phuket or simply require investment real estate. The agency wants all of its clients to relax and enjoy beautiful Phuket while it handles the rest. Prime Real Estate Phuket is an Association of International Property Professionals Member.\n\n\nFor more information, please visit: www.primerealestate-phuket.com\n\n\nBVR Property Bali (Indonesia)\n\n\nNo one understands Bali property investment quite like \nBVR Property Bali\n. The company assists property buyers and sellers by providing them with genuine market information that helps them find the best possible solution. BVR Property Bali understands many people have little to no idea on how to invest in Bali and works with them so they have the information to make a confident decision. Additionally, BVR Property Bali is a member of Leading Real Estate Companies of the World\u00ae.\n\n\nFor more information, please visit: www.bvrproperty.com\n\n\nLS-Invest.ASIA (Thailand)\n\n\nFor LS-Invest.ASIA, the goal is to offer everyone from a first time homebuyer to those looking to expand their investment portfolio every service they could possibly need. Based in Phuket, the mission of LS-Invest.ASIA is to introduce a fresh outlook on luxury property investment in Thailand. In order to accomplish this, the firm provides a uniquely international perspective. This approach ensures LS-Invest.ASIA clients are able to easily acquire the Phuket property of their dreams without wasting time or personal resources.\n\n\nFor more information, please visit: LS-Invest.ASIA\n\n\nIVL Property (Thailand)\n\n\nWhen it comes to property on the beautiful island of Koh Samui, IVL Property is the name to trust. For starters, the agency takes a different approach to customer service. The company understands every client is different and offers unique services based around each client and their idea of a perfect holiday. This commitment to quality can be found in the IVL Charter, the promise IVL Property makes to each of its customers. This is why so many people trust the agency to show them how to get the most from their Samui holiday or investment.\n\n\nFor more information, please visit: www.ivlproperty.com\n\n\niHouse Property Bangkok (Thailand)\n\n\nValue and trust are what sets iHouse Property Bangkok apart. Their team is always on hand to provide astute, insightful advice on the property needs of its clients. With more than 30 years of real estate experience in real estate sales and all facets of property management, iHouse Property Bangkok has both the knowledge and passion to guarantee and excellent experience.\n\n\nFor more information, please visit: www.ihousebangkok.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-names-james-claassen-commercial-director", "title": "Dot Property names James Claassen as group\u2019s Commercial Director", "body": "\n\nJames Claassen, Dot Property Commerical Director \n\n\nDot Property, Southeast Asia\u2019s leading online property marketplace, is pleased to announce that James Claassen has been named Commercial Director. In this newly created role, James will drive the continued commercial development of\u00a0\nDot Property Group\n\u00a0across the region.\n\n\n\u201cI\u2019m excited to join Dot Property. The company\u2019s reach in terms of geography, visitors and service offerings is truly impressive,\u201d Claassen says. \u201cDot Property is \u2018Moving Asia Online\u2019 and I look forward to working with the entire team as we continue making this a reality.\u201d\n\n\nClaassen joins Dot Property from Private Property, a market-leading real estate portal in South Africa, where he most recently served as National Sales Manager. Claassen spent almost nine years with Private Property, starting with the company as a Relationship Manager in 2010. During his tenure, the business saw rapid revenue and EBITDA growth and matured into a key partner of the broader industry.\n\n\n\u201cJames brings a wealth of experience and knowledge to Dot Property. His work at Private Property was outstanding and he will have a positive impact across the company,\u201d Matthew Campbell, Dot Property CEO, states. \u201cLast year was a breakout year for Dot Property. The addition of James allows us to build on that momentum and ensures current operations will continue their growth while we tap into new and exciting solutions for the region\u2019s property seekers, real estate agents and developers.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-philippines-awards-2021-celebrates-real-estate-sectors-resilience", "title": "Dot Property Philippines Awards 2021 celebrates the real estate sector\u2019s resilience", "body": "\n\nThe team from RLC Residences is presented with Developer of the Year at the Dot Property Philippines Awards 2021\n\n\nAfter a one-year hiatus due to the COVID-19 pandemic, the Dot Property Philippines Awards returned to celebrate the resilience of the property sector. More than 20 honors were presented to leading developers, projects and real estate agencies from across the country.\n\n\nThe top award, Developer of the Year Philippines, went to RLC Residences. But that was not all for the highly-respected homebuilder as they also won Best Luxury Condo Development for The Residences at The Westin Manila Sonata Place and Best Mid-Rise Condo Development for Sierra Valley Gardens.\n\n\n\u201cWe are honored and thrilled to be receiving the Developer of the Year Award. This award is affirmation that we are achieving and succeeding in our goal. It is also going to push us to keep doing better. Being nominated is an honor and winning is a double honor,\u201d John Richard Sotelo, Senior VP & Business Unit General Manager, Residential Division at Robinsons Land, proclaimed.\n\n\nWith eight victories, SM Development Corporation (SMDC) secured the most honors at the Dot Property Philippines Awards 2021. The firm was named Best Developer Metro Manila and Best Developer Visayas in addition to taking home six project awards. SMDC was also presented with the Special Recognition Award for Corporate Social Responsibility.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe coveted Philippines People\u2019s Choice Award for Project of the Year 2021 went to Grand Residences from Grand Land. Voted on by the public, the people selected this outstanding Cebu development which is one of the region\u2019s largest. There were 11 projects nominated for the honor this year.\n\n\nDeveloper of The Year Philippines 2021 \u2013\u00a0RLC Residences\n\n\nDot Property Philippines Awards 2021 developer winners:\n\n\nSMDC was presented with nine awards including the Special Recognition Award for Corporate Social Responsibility\n\n\nBest Developer Metro Manila \u2013 SM Development Corporation\n\n\nBest Developer Visayas \u2013 SM Development Corporation\n\n\nBest Developer Mindanao \u2013 Filinvest Land Inc.\n\n\nBest Developer North Luzon \u2013\u00a0Edukate Group Inc.\n\n\nBest Developer Cebu \u2013 Grand Land Inc.\n\n\nProjects from across the country were celebrated during the Dot Property Philippines Awards 2021. SMDC\u2019s Vine Residences and Bloom Residences won Best Lifestyle Condo Development and Best Investment Property Metro Manila, respectively. The Dusit D2 Residences from Grand Land picked up Best Serviced Apartment Philippines while Las Brisas from Solar Resources took home Best Investment Property South Luzon.\n\n\nPhilippines People\u2019s Choice Award for Project of the Year 2021 \u2013 \nGrand Residences\n\n\nDot Property Philippines Awards 2021 project winners:\n\n\nBest Luxury Condo Development \u2013 The Residences at The Westin Manila Sonata Place from\u00a0RLC Residences\n\n\nBest Lifestyle Condo Development \u2013 Vine Residences from SM Development Corporation\n\n\nBest Serviced Apartment Philippines \u2013 Dusit D2 Residences from Grand Land Inc.\n\n\nBest Mid-Rise Condo Development \u2013 Sierra Valley Gardens from\u00a0RLC Residences\n\n\nBest Affordable Condo Development \u2013 Charm Residences from SM Development Corporation\n\n\nBest Mid Range Housing Development \u2013 City Homes Minglanilla from Grand Land Inc.\n\n\nBest Condo Interior Design \u2013 Green 2 Residences from SM Development Corporation\n\n\nBest Investment Property Metro Manila \u2013 Bloom Residences from SM Development Corporation\n\n\nBest Investment Property South Luzon \u2013 Las Brisas at Tierra Del Sol\u00a0from Solar Resources Inc\n\n\nBest Investment Property Cebu \u2013 Grand Residences Cebu from Grand Land Inc.\n\n\nBest Investment Property Bacolod \u2013 Smile Residences from SM Development Corporation\n\n\nSMDC continues to make positive contributions that extend beyond the property sector and benefit society as a whole. These efforts were acknowledged with the Special Recognition Award for Corporate Social Responsibility.\n\n\nSpecial Recognition Award for Corporate Social Responsibility\n \u2013 SM Development Corporation\n\n\nPhilippines\u2019 Best Real Estate Agencies 2021 saw two firms recognized for their outstanding service.\n\n\nPhilippines\u2019 Best Real Estate Agencies 2021\n\n\nTricia Liu Properties\n\n\nFilinvest Land Inc.\n\n\nFilinvest Land earned two honors in 2021: Best Developer Mindanao and Best Developer North Luzon\n\n\n\u201cAfter the challenges of the past two years, it is truly an honor for the Dot Property Philippines Awards to return. It has been a difficult time for us all and being able to celebrate the real estate industry, even in this modified format, offers a much-needed sense of normalcy,\u201d Adam Sutcliffe, Dot Property Director, Events and International Markets, says. \u201cThis year\u2019s winners represent the absolute best the Philippine property market has to offer, and their outstanding work is leading the sector forward.\u201d\n\n\nThe Dot Property Philippines Awards 2021 honored winners individually during a private event at The Peninsula Manila.\n\n\nFor more information on the Dot Property Awards, please visit \nwww.dotproperty.com.ph\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-southeast-asia-awards-2018-selects-regions-best-real-estate", "title": "Dot Property Southeast Asia Awards 2018 selects the region\u2019s best real estate", "body": "\n\n\n\nThe Dot Property Southeast Asia Awards 2018 winners have been announced with honours going to leading developers, projects and real estate agencies from around the region. More than 25 awards were handed out as part of this year\u2019s Dot Property Southeast Asia Awards.\n\n\nThis is the third year of the Dot Property Southeast Asia Awards and the company utilises its unmatched regional presence to find real estate\u2019s best and brightest.\n\n\n\u201cWe at Dot Property are unique in that we have local offices and teams throughout Southeast Asia backed by regional and international support. This provides a holistic view of the real estate market and allows us to celebrate only the best,\u201d Matthew Campbell, Dot Property\u2019s CEO, explains.\n\n\nHe continues, \u201cWe take a different approach to selecting winners. Developers, projects and agencies are not pitted against one another, but measured against set criteria. This allows us to avoid interpretations and instead focuses on what is being accomplished. Winners are ultimately selected on their ability to meet and exceed each criteria.\u201d\n\n\nVietnam boasted the highest total of winners this year with 12 while Thailand was second best. The Dot Property Southeast Asia Awards 2018 also introduced its Best Real Estate Agencies Southeast Asia category. This special section of the awards recognised the important role agencies have in the region.\n\n\nIRB Investment JSC from Vietnam collected the most awards in 2018 winning Best Innovative Developer Southeast Asia as well as Best Luxury Resort Development Southeast Asia and Best Resort Architectural Design Southeast Asia for its Phoenix Legend Ha Long Bay Hotel and Residence.\n\n\nIn Thailand, Sisaran Group picked up awards for Best Boutique Developer Southeast Asia and Best Developer (Corporate Social Responsibility) Southeast Asia while Robinsons Land carried the flag for the Philippines by winning Best Residential Developer Southeast Asia. A total of 27 honours were handed out as part of the Dot Property Southeast Asia Awards 2018.\n\n\nDot Property Southeast Asia Awards 2018 full list of winners:\n\n\nDeveloper winners\n\n\nBest Luxury Developer Southeast Asia \u2013 Cityland (Vietnam)\n\n\nBest Residential Developer Southeast Asia \u2013 Robinsons Land (The Philippines)\n\n\nBest Commercial Developer Southeast Asia \u2013 Dat Xanh Mien Trung (Vietnam)\n\n\nBest Boutique Developer Southeast Asia \u2013 Sisaran Group (Thailand)\n\n\nBest Innovative Developer Southeast Asia \u2013 IRB Investment JSC (Vietnam)\n\n\nBest Developer (Corporate Social Responsibility) Southeast Asia \u2013 Sisaran Group (Thailand)\n\n\nBest Resort Developer Southeast Asia \u2013 BIM Land (Vietnam)\n\n\nDevelopment winners\n\n\nBest Luxury Villa Development Southeast Asia \u2013 Anchan Hills (Thailand)\n\n\nBest Sustainable Residential Development Southeast Asia \u2013 BelHomes by VSIP Bac Ninh (Vietnam)\n\n\nBest Investment Development Southeast Asia \u2013 Grand Residences (The Philippines)\n\n\nBest Innovative Development Southeast Asia \u2013 Samui One (Thailand)\n\n\nBest Luxury Resort Development Southeast Asia \u2013 Phoenix Legend Ha Long Bay Hotel and Residences (Vietnam)\n\n\nBest Resort Architectural Design Southeast Asia \u2013 Phoenix Legend Ha Long Bay Hotel and Residence (Vietnam)\n\n\nBest Innovative Architectural Design Southeast Asia \u2013 Khai Son Hill Long Bien (Vietnam)\n\n\nBest Affordable Villa Development \u2013 Sense 8 Samui (Thailand)\n\n\nBest Mid-Market Condo Development Southeast Asia \u2013 HausBelo (Vietnam)\n\n\nBest Boutique Development Southeast Asia \u2013 Ascent Lakeside (Vietnam)\n\n\nBest Resort Landscape Architectural Design Southeast Asia \u2013 Flamingo Cat Ba Beach Resort by Flamingo Group (Vietnam)\n\n\nBusiness winner\n\n\nBest B2B Real Estate Businesses Southeast Asia \u2013 DWG Assets Management (Thailand)\n\n\nBest Real Estate Agencies Southeast Asia 2018\n\n\nRE/MAX Philippines (The Philippines)\n\n\nEasy Living Phuket (Thailand)\n\n\nBVR Property Bali (Indonesia)\n\n\nPrime Real Estate Phuket (Thailand)\n\n\nThu Thiem Real (Vietnam)\n\n\nLS-Invest.ASIA (Thailand)\n\n\nIVL Property (Thailand)\n\n\niHouse Property Bangkok (Thailand)\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-southeast-asia-awards-2020-charity-gala-celebrate-real-estates-best-style", "title": "Dot Property Southeast Asia Awards 2020 Charity Gala to celebrate real estate\u2019s best in style", "body": "\n\nThe Dot Property Southeast Asia Awards 2020 Charity Gala takes place at Four Seasons Bangkok on Dec. 17\n\n\nThe Dot Property Southeast Asia Awards 2020 will celebrate the region\u2019s best real estate developers, agencies and companies that contribute to the industry in a stylish and innovative fashion. A black-tie, Charity Gala in Bangkok will be the showpiece ceremony of this year\u2019s proceedings which span two cities on December 17.\n\n\nFour Seasons Bangkok hosts the Dot Property Southeast Asia Awards 2020 Charity Gala, and it is one of the first major events to be held at the luxury hotel which isn\u2019t scheduled to open until later in the month. The Four Seasons Bangkok\u2019s awe-inspiring ballroom and terrace provide the backdrop for a celebration unlike any other in 2020. This year\u2019s grand finale is a firework show over the Chao Phraya River that will celebrate everyone\u2019s success.\n\n\nProceeds from the Charity Gala will go to Habitat for Humanity, the official charity partner of the Dot Property Southeast Asia Awards 2020. A charity auction is scheduled for the event with Habitat for Humanity Brand Ambassador and former Miss Universe Thailand, Khun Aniporn Chalermburanawong (Natt), on hand to help.\n\n\nThe Dot Property Southeast Asia Awards 2020 Charity Gala is one of two events on December 17. A special Winners\u2019 Dinner at The Reverie Saigon will take place in Ho Chi Minh City simultaneously. All of this year\u2019s regional winners will be recognized during both events while live look-ins are set to keep guests in Bangkok and Ho Chi Minh City connected throughout the evening.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cTravel restrictions throughout the region mean we can\u2019t all come together, but we didn\u2019t want that to stop us from closing the year on a positive note. We have seen developers and agencies innovate and succeed during a challenging year and that inspired us to innovate how we host the awards,\u201d Adam Sutcliffe, Dot Property Director, Events and International Markets, says. \u201cWe are excited to celebrate the real estate industry\u2019s best and brightest in a truly unique fashion.\u201d\n\n\nMore than 300 guests are expected to attend the Dot Property Southeast Asia Awards 2020 Charity Gala with another 100 estimated for the Dot Property Southeast Asia Awards 2020 Winners\u2019 Dinner. Extensive safety precautions have been put in place for both events that meet or surpass local regulations.\n\n\nThe Dot Property Southeast Asia Awards 2020 would like to thank Berkeley Group, the official sponsor of this year\u2019s awards, Savills Thailand, the awards consultant for Thailand, and Four Seasons Bangkok, the official venue partner.\n\n\nA limited number of tickets for the Dot Property Southeast Asia Awards 2020 Charity Gala at Four Seasons Bangkok on December 17 have been made available. For more information on how you can purchase your ticket, please contact the sales team at\u00a0\n[email\u00a0protected]\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-southeast-asia-awards-2020-charity-gala-one-first-events-held-four-seasons-bangkok", "title": "Dot Property Southeast Asia Awards 2020 Charity Gala to be one of the first events held at Four Seasons Bangkok", "body": "\n\nThe Dot Property Southeast Asia Awards 2020 Charity Gala takes place at Four Seasons Bangkok on Dec. 17\n\n\nThe Dot Property Southeast Asia Awards 2020 promises to be a once in a lifetime event for a number of reasons. Even though travel restrictions mean winners from around the region won\u2019t be able to attend in person this year, organizers have curated an evening for the ages to celebrate the real estate industry\u2019s best and brightest.\n\n\nIt all starts with the venue \u2013 Four Seasons Bangkok. The Dot Property Southeast Asia Awards 2020 Charity Gala will be one of the first major events hosted at the luxury hotel, which isn\u2019t scheduled to open until December. The stunning ballroom and terrace at Four Seasons Bangkok will provide the backdrop for a celebration unlike any other.\n\n\nThis year\u2019s awards will feature a Charity Gala instead of a traditional presentation ceremony. All of this year\u2019s regional winners will be recognized during the event even if they\u2019re unable to attend in person. Additionally, a celebrity auction, fireworks show and afterparty are just a few of the other festivities planned.\n\n\n\u201cWhile it is disappointing we won\u2019t be able to welcome all our winners from around Southeast Asia, we didn\u2019t want the ongoing pandemic to stop us from celebrating those in the real estate industry that have found success during a challenging year,\u201d Adam Sutcliffe, Dot Property Director, Events and International Markets, says.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHe continues, \u201cThose who are able to join us in Bangkok will be treated to a memorable evening and be among the very first people to attend an event at the remarkable Four Seasons Bangkok.\u201d\n\n\nProceeds from the Dot Property Southeast Asia Awards 2020 Charity Gala will be donated to Habitat for Humanity, a global charity improving the quality of life for people in Southeast Asia through building homes and transforming communities. The event also kicks off a larger initiative between Dot Property and Habitat for Humanity.\n\n\n\u201cOur mission at Dot Property is to help people find a home and the vision of Habitat for Humanity aligns very closely with that. There is a strong synergy between our two organizations,\u201d Sutcliffe explains. \u201cThe Dot Property Southeast Asia Awards 2020 Charity Gala is actually just the first step of a year-long charity drive which we are extremely proud to be leading.\u201d\n\n\nThe Dot Property Southeast Asia Awards 2020 Charity Gala is set for the Four Seasons Bangkok on December 17. A limited number of tickets are available for purchase. For more information, please contact the sales team at\u00a0\n[email\u00a0protected]\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-southeast-asia-awards-2022-celebrate-47-winners-across-region", "title": "Dot Property Southeast Asia Awards 2022 celebrate 48 winners from across the region", "body": "\n\n\n\n48 winners honored during Dot Property Southeast Asia Awards 2022 presentation ceremony in Bangkok\n\n\nSM Development Corporation (SMDC) from the Philippines named Developer of the Year 2022\n\n\nSupalai, MQDC and Hyde Heritage Thonglor among the notable winners from Thailand\n\n\n\n\nThe Dot Property Southeast Asia Awards 2022 celebrated a diverse collection of real estate developers, projects and agents with more than 45 winners from across the region honored. The star on this evening was SM Development Corporation (SMDC) from the Philippines. The developer collected four awards, including Developer of The Year Southeast Asia 2022, the event\u2019s top honor.\n\n\nThis was the first time since 2019 that the Dot Property Southeast Asia Awards were held fully in person with winners hailing from seven different countries. Nearly 300 property leaders were in attendance for the biggest night in Southeast Asia real estate which took place at Four Seasons Bangkok on December 15.\n\n\n\u201cCompetition both domestically and regionally has seen the quality of Southeast Asia real estate improve greatly over the past few years. From urban condominiums to beachfront villas, property seekers expect the best and the Dot Property Southeast Asia Awards 2022 winners deliver in that regard,\u201d Adam Sutcliffe, Dot Property Group Director, Events and International Markets, states. \u201cHowever, the Dot Property Southeast Asia Awards 2022 was much more than a celebration of winners. It was an opportunity for us all to finally be together in one place, share stories and reconnect after three long years.\u201d\n\n\nIn addition to winning Developer of The Year Southeast Asia 2022, SM Development Corporation (SMDC) collected the Special Recognition Award for Corporate Social Responsibility while its Sail Residences and Gold City projects were also recognized. Taking home four accolades this year is both a source of pride and a platform to build on for the homebuilder.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nElsewhere at the Dot Property Southeast Asia Awards 2022, leading Thai developers Supalai and MQDC were among this year\u2019s winners. Vietnamese firm DOJI Land and RLC Residences from the Philippines also collected honors.\n\n\nDeveloper of The Year Southeast Asia 2022 \u00a0 \n\n\nSMDC was named Developer of the Year at Dot Property Southeast Asia Awards 2022\n\n\nSM Development Corporation (SMDC) (The Philippines)\n\n\nSoutheast Asia People\u2019s Choice Award for Project of the Year 2022\n\n\nSunshine Sky City from Sunshine Homes (Vietnam)\n\n\nDot Property Southeast Asia Awards 2022 developer winners\n\n\nBest Breakthrough Developer was won by DOJI LAND\n\n\nDeveloper honorees at the Dot Property Southeast Asia Awards 2022 displayed excellence in their respective categories through hard work, resiliency and ingenuity. In Thailand, Botanica Luxury, a respected Phuket villa developer, took home two awards while DOJI LAND in Vietnam made an impressive breakthrough this year.\u00a0\u00a0\n\n\nBest Community Lifestyle Developer\n \u2013 Nichada Group (Thailand)\n\n\nBest Breakthrough Developer\n \u2013 DOJI LAND (Vietnam)\n\n\nBest Resort Lifestyle Developer\n \u2013 Andaman Riviera Construction Co., Ltd (Thailand)\n\n\nBest Luxury Developer\n \u2013 Sunshine Homes (Vietnam)\n\n\nBest Developer Investment Villas\n \u2013 Botanica Luxury Phuket Co.,Ltd. (Thailand)\n\n\nBest Luxury Villa Developer\n \u2013 Pearl Island Property Co., Ltd. (Thailand)\n\n\nBest Developer Villa Architectural Design\n \u2013 Botanica Luxury Phuket Co.,Ltd. (Thailand)\n\n\nBest Retail Developer\n \u2013 Sunway Malaysia (Malaysia)\n\n\nBest Leisure Developer\n \u2013 Sun World (Vietnam)\n\n\nBest Township Developer\n \u2013 Phu My Hung Development Corporation (Vietnam)\n\n\nBest Sustainable Township Developer\n \u2013 Sime Darby (Malaysia)\n\n\nBest High Rise Developer\n \u2013 Intiland (Indonesia)\n\n\nBest Mixed-Use Developer\n \u2013 Prince Real Estate Holdings (Cambodia)\n\n\nBest Developer Sustainable Villa Design\n \u2013 Tampah Hills (Indonesia)\n\n\nDot Property Southeast Asia Awards 2022 project winners\n\n\nThe award for Best Sea View Pool Villa went to Supalai Scenic Bay Pool Villa from Supalai Public Company\n\n\nProjects of all shapes and sizes were recognized at the Dot Property Southeast Asia Awards 2022. High-rise condominiums, such as Hyde Heritage Thonglor from Grand Star Company Limited, are changing urban living for the better while destination developments, like Supalai Scenic Bay Pool Villa from Supalai, capture the hearts and minds of those wanting a residence in paradise.\n\n\nBest Luxury Condominium\n \u2013 Hyde Heritage Thonglor from Grand Star Company Limited (Thailand)\n\n\nBest Sea View Pool Villa\n \u2013 Supalai Scenic Bay Pool Villa from Supalai Public Company Limited (Thailand)\n\n\nBest Mixed Use Development\n \u2013 Gold City from SM Development Corporation (SMDC) (The Philippines)\n\n\nBest Ultra Luxury Residences Bangkok\n \u2013 Dusit Residences from Vimarn Suriya (Thailand)\n\n\nBest Lifestyle Condominium Development\n \u2013 The Piazza at The Grand Citygate Davao from Grand Land Inc. (The Philippines)\n\n\nBest Ultra Luxury Housing Development\n \u2013 Nichada Onyx from Nichada Group (Thailand)\n\n\nBest New Launch Villa Development\n \u2013 Asherah Villas from Thai Molman Realestate Co.,Ltd. (Thailand)\n\n\nBest Beachfront Resort and Residences\n \u2013 Sunshine Beach Resort and Residences from T.H. Group Phuket Co., Ltd (Thailand)\n\n\nBest Luxury Township Development \n\u2013\u00a0 Empire City Thu Thiem from Keppel Land Vietnam (Vietnam)\n\n\nBest High End Condominium Development\n \u2013 One9Five Asoke-Rama9 from TC Development (Thailand)\n\n\nBest Iconic Urban Development\n \u2013 57 Promenade from Intiland (Indonesia)\n\n\nBest Luxury Mixed Use Development\n \u2013 Royal Platinum from Hong Leai Huat Group (Cambodia)\n\n\nDot Property Southeast Asia Awards 2022 design,\n \ninnovation and sustainability winners\n\n\nThe award for Best Sustainable Development is presented to Sierra Valley Gardens from RLC Residences\n\n\nSoutheast Asia has taken on a leading role when it comes to design, innovation and sustainability in real estate. Winners in these categories have shown an ability to think differently while elevating existing standards. Sierra Valley Gardens from RLC Residences in the Philippines and The Aspen Tree from Magnolia Quality Development Corporation in Thailand were among the notable projects to be honored.\n\n\nBest Condominium Architectural Design\n \u2013 Sail Residences from SM Development Corporation (SMDC) (The Philippines)\n\n\nBest Sustainable Development\n \u2013 Sierra Valley Gardens from RLC Residences (The Philippines)\n\n\nBest Luxury Villa Interior Design\n \u2013 NILA Residences from Mirah Development (Indonesia)\n\n\nBest Holistic Care Residences\n \u2013 The Aspen Tree from Magnolia Quality Development Corporation Limited (Thailand)\n\n\nBest Landscape Architectural Design\n \u2013 Vine Residences from SM Development Corporation (SMDC) (The Philippines)\n\n\nBest Green Development\n \u2013 Botanica Forestique from Botanica Luxury Phuket Co.,Ltd. (Thailand)\n\n\nBest Ultraluxury Condo Architectural Design\n \u2013 One Pearl Bank from CapitaLand (Singapore)\n\n\nBest Multigenerational Living Township\n \u2013 City of Elmina from Sime Darby (Malaysia)\n\n\nBest Smart City\n \u2013 Gamuda Cove from Gamuda Land (Malaysia)\n\n\nBest Luxury Interior Design\n \u2013 8 Conlay from KSK Land (Malaysia)\n\n\nBest Serviced Office Provider\n \u2013 Regus \u2013 Part of IWG (Southeast Asia)\n\n\nSpecial Recognition Award for Corporate Social Responsibility\n\n\nSM Development Corporation (SMDC) (The Philippines)\n\n\nSpecial Recognition Award for Regenerative Design\n\n\nSelo Group (Singapore)\n\n\nSoutheast Asia\u2019s Best Real Estate Agencies 2022\n\n\nThe work of real estate agencies in the region is vital to healthy markets. These firms ensure everyone can find their ideal home, holiday residence or investment. A total of seven companies were named as Southeast Asia\u2019s Best Real Estate Agencies 2022.\n\n\nBridge Estate\n\n\nPrime Global Asset Co., Ltd.\n\n\nSunway Estates\n\n\nAsher Property\n\n\nRE/MAX Island Real Estate\n\n\nCENLAND\n\n\nOne Global Group\n\n\nThe Dot Property Southeast Asia Awards 2022 would like to thank Savills and their CEO Robert Collins for serving as official Awards Consultants. A special mention also goes to official venue partner Four Seasons Bangkok and VIP Transportation provider Mercedes-Benz Primus Autohaus for their continued support.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-takes-show-shanghai", "title": "Dot Property takes the show to Shanghai", "body": "\n\n\n\nThere is no denying that Chinese buyers are clamouring for foreign real estate even with the government putting stricter capital controls in place. According to research from CBRE, outbound real estate investment from Asia was dominated by Chinese investors who spent USD 26.6 billion on foreign real estate in 2016. This accounted for 47 percent of all outbound real estate investment in Asia.\n\n\nAnd while the Chinese government has tried to curb this activity, buyers in the country are still actively purchasing foreign real estate, with Southeast Asia proving to be a particularly popular destination.\n\n\n\u201cDespite recent policies by the government restricting Chinese outbound investment, there continues to be a steady flow of Chinese capital overseas as investors seek to diversify their portfolios,\u201d Yvonne Siew, Executive Director at CBRE Global Capital Markets, said. \u201cWith more scrutiny on cross-border capital flows and rigorous checks by the government, which may lengthen the approval process, Chinese outbound real estate investment may moderate, gathering at a more sustainable rate.\u201d\n\n\nIntroducing buyers to property in Southeast Asia\n\n\nThe Dot Property Show in Shanghai will look to connect Chinese buyers with the best properties from Southeast Asia and further afield. Located at Super Brand Mall, Shanghai\u2019s premier shopping destination, the show will allow potential real estate buyers to see some amazing properties first hand and learn more about the opportunities available.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nShanghai is home to a large and rapidly growing number of high-net worth individuals who are looking to buy foreign real estate for a number of different reasons. Some are considering diversifying their investment portfolio while others are looking for vacation properties. There are also a growing number of buyers from China purchasing real estate to obtain visa privileges or provide their children with better educational opportunities.\n\n\nOrganised by Dot Expo, The Dot Property Show in Shanghai is the firm\u2019s first foray into the Chinese market. The company\u2019s most recent event, the International Property Show in Singapore, saw 11 developers turnout and showcase their projects to eager Singaporean real estate buyers. Leading developers from the Philippines, Malaysia, Thailand and Cyprus were all on hand.\n\n\nThe Dot Property Show in Shanghai will take place at the award winning Super Brand Mall from \nSeptember 14 to 17\n. More than 12 developers from around the world are expected to take part at the show.\n\n\nFor more information, visit \ndot-expo.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-thailand-awards-2020-celebrates-real-estate-sectors-resiliency-challenging-year", "title": "Dot Property Thailand Awards 2020 celebrates the real estate sector\u2019s resiliency during a challenging year", "body": "\n\nAfter a year full of challenges, the Dot Property Thailand Awards 2020 were a chance to celebrate the industry\u2019s resiliency and show things are returning to normal. A total of 25 winners were honored during an exclusive ceremony inside the Park Hyatt Bangkok on September 17.\n\n\nThailand has been a global leader in preventing the spread of COVD-19 and numerous precautions were in place to ensure a safe evening. The intimate celebration was one of the first major real estate events since the country began reopening in June.\n\n\nSC Asset enjoyed a great deal of success this year having recorded year-on-year revenue growth while developing some of the most in-demand residential projects in the country. The homebuilder\u2019s work was honored with the awards for Thailand Developer of the Year 2020 and Best Housing Developer Thailand.\n\n\nOne of Bangkok\u2019s most notable new developments was recognized with a very special prize during the Dot Property Thailand Awards 2020. The PARQ earned the Special Recognition Award for Green Innovation.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKhun Kamolnai Chaixanien, Director at Kasemsubsiri, speaks to the media about The PARQ winning the Special Recognition Award for Green Innovation\n\n\n\u201cThe Special Recognition Award for Green Innovation is a validation of our vision brought to life \u2013 to become Thailand\u2019s leader in Green Innovation and Sustainability.\u00a0Today, The PARQ is on track to become Thailand\u2019s first LEED and WELL certified commercial building through the successful collaborative development efforts of both TCC Assets and Frasers Property,\u201d Khun Kamolnai Chaixanien, Director at Kasemsubsiri, proclaimed. \u201cWe are humbled by this recognition and look forward to continue to raise the standards of Green Innovation and Sustainability in Thailand and beyond.\u201d\n\n\nThe most coveted honor is the People\u2019s Choice Award for Thailand Project of the Year 2020, one of the only property awards in the country to be voted on by the public. This year, the people chose The Estelle Phrom Phong from Raimon Land as their favorite real estate project. The Estelle Phrom Phong also won Best Luxury Residential Condominium Bangkok.\n\n\nDot Property Thailand Awards 2020 developer winners:\n\n\nSC Asset won Thailand Developer of the Year 2020\n\n\n\n\nThailand Developer of the Year 2020 \u2013 SC Asset\n\n\nBest Housing Developer Thailand \u2013 SC Asset\n\n\nBest Developer Phuket \u2013 Botanica Luxury\n\n\nBest Boutique Developer Phuket \u2013 Serene Surin\n\n\n\n\nOutside of Bangkok, developers continue work on remarkable projects. Among these great developments is Intercontinental Residences Hua Hin from Proud Real Estate, winner of both Best Branded Residence Hua Hin and Best Luxury Condominium Hua Hin. Meanwhile, Wyndham Garden Irin Bangsaray Pattaya from Irin Property took home Best Investment Condominium Eastern Seaboard for the second year in a row.\n\n\nDot Property Thailand Awards 2020 residential project winners:\n\n\nThe Estelle Phrom Phong from Raimon Land took home the People\u2019s Choice Award for Thailand Project of the Year 2020 award\n\n\n\n\nBest Luxury Residential Condominium Bangkok \u2013 The Estelle Phrom Phong from Raimon Land\n\n\nBest New Launch Condominium Bangkok \u2013 The Issara Sathorn from Charn Issara Development\n\n\nBest Urban Lifestyle Development Bangkok \u2013 THE EXTRO Phayathai-Rangnam from Singha Estate\n\n\nBest Affordable Condominium Bangkok \u2013 Modiz Sukhumvit 50 from AssetWise\n\n\nBest New Launch Villa Development Phuket \u2013 ISOLA Phuket from Dynasty Group\n\n\nBest Luxury Condominium Hua Hin \u2013 Intercontinental Residences Hua Hin from Proud Real Estate\n\n\nBest Branded Residence Hua Hin \u2013 Intercontinental Residences Hua Hin from Proud Real Estate\n\n\nBest Luxury Villa Development Hua Hin \u2013 Luxury Home from The Bibury\n\n\nBest Seaview Apartments Koh Samui \u2013 Chariya Residence from Chariya Development Management\n\n\nBest Villa Development Eastern Seaboard \u2013 Garden Ville 5 from Garden Ville Home & Property\n\n\nBest New Launch Condominium Eastern Seaboard \u2013 The Rhine 2 Residence from Wealth Asset Group\n\n\nBest Investment Condominium Eastern Seaboard \u2013 Wyndham Garden Irin Bangsaray Pattaya from Irin Property\n\n\nBest Housing Development Eastern Seaboard \u2013 Patta Define from Patta Group\n\n\n\n\nInnovation and design were championed at the Dot Property Thailand Awards 2020. The PARQ made history at this year\u2019s ceremony by winning the very first Special Recognition Award for Green Innovation.\n\n\nDot Property Thailand Awards 2020 design and innovation winners:\n\n\n\n\nSpecial Recognition Award for Green Innovation \u2013 The PARQ from Kasemsubsiri\n\n\nBest Sustainable ECO Design \u2013 Serene Condominium from Serene Surin\n\n\n\n\nDot Property Thailand Awards 2020 mixed use, hospitality and commercial project winner:\n\n\n\n\nBest Co-Working Space Bangkok \u2013 The Great Room\n\n\n\n\nThe Dot Property Thailand Awards 2020 also recognized the best real estate agencies currently operating in the country. A total of five firms were honored in 2020.\n\n\nThailand\u2019s Best Real Estate Agencies 2020\n\n\n\n\nBridge Estate (Thailand)\n\n\nList Sotheby\u2019s International Realty\n\n\nCondo Connection Thailand\n\n\nColdwell Banker SEA Property\n\n\nYTD Land & Houses \u2013 Yarontida Co.,Ltd\n\n\n\n\n\u201cHosting an in-person ceremony for the Dot Property Thailand Awards 2020 is a tribute to both the country\u2019s excellent response to COVID-19 and the real estate sector\u2019s ability to overcome challenges brought on by the pandemic,\u201d Adam Sutcliffe, Dot Property Director, Events and International Markets, says. \u201cThis year\u2019s class of winners has proven to be resilient in the face of adversity. We are delighted to have this opportunity to celebrate their hard work.\u201d\n\n\nThe Dot Property Thailand Awards 2020 would like to thank this year\u2019s sponsor Berkeley Group as well as Savills Thailand, the official Awards Consultants, and VIP Transportation Provider Wearnes Automotive for their support of the event.\n\n\nIn December, the Dot Property Awards series concludes its yearly calendar with the Dot Property Southeast Asia Awards 2020. This year\u2019s regional celebration will focus on supporting charity with proceeds going to COVID-19 relief efforts across Southeast Asia.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-thailand-awards-2022-recognizes-developers-projects-agencies-supporting-kingdoms-real-estate-market-recovery", "title": "Dot Property Thailand Awards 2022 recognizes the developers, projects and agencies supporting the Kingdom\u2019s real estate market recovery", "body": "\n\nMore than 250 of the real estate industry\u2019s best and brightest attended the Dot Property Thailand Awards 2022\n\n\n\n\n30 winners from across the Kingdom were honored at Dot Property Thailand Awards 2022\n\n\nRaimon Land won two awards including Developer of the Year 2022\n\n\nThailand People\u2019s Choice Award for Project of the Year 2022 went to Bangkok Boulevard Signature Chaengwattana from SC Asset\n\n\n\n\nThe Dot Property Thailand Awards recognized 30 winners from across the Kingdom with leading developers Raimon Land, SC Asset and Major Development among those to be honored. Celebrations took place at the Park Hyatt Bangkok on August 18 as real estate industry leaders came together to commend the best of the best.\n\n\nThe Thailand real estate market is currently undergoing recovery and recalibration as it moves past the pandemic. This was evident at the sixth annual Dot Property Thailand Awards where the spotlight was placed on winners who are supporting both growth and the evolving needs of home seekers.\n\n\n\u201cOne of the most interesting trends we saw this year is that people looking for property are increasingly end users who have a clear idea of what they want regardless of if they\u2019re searching for a city condominium, suburban housing or real estate in holiday destinations,\u201d Adam Sutcliffe, Dot Property Director, Events and International Markets, states. \u201cThis year\u2019s Dot Property Thailand Awards winners have shown the ability to connect with home seekers and deliver projects and services that align with what the market is asking for.\u201d\n\n\nRaimon Land is a perfect example of these efforts. Residential projects, such as The Estelle Phrom Phong and Tait Sathorn 12, have demonstrated a mastery of Bangkok\u2019s ultracompetitive luxury property market. Meanwhile, One City Centre has proven its credentials in the rapidly changing commercial sector. This outstanding work was celebrated when the firm was presented with the event\u2019s most prestigious honor, Developer of the Year Thailand 2022, in addition to Best Developer Luxury Condominiums.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cWinning Developer of the Year 2022 and Best Developer Luxury Condominiums at the Dot Property Thailand Awards 2022 is an achievement we are extremely proud of. This is validation of our vision to strive and elevate new standards of modern living,\u201d Korn Narongdej, Chief Executive Officer at Raimon Land, stated. \u201cThis award also symbolizes the hard work and dedication of everyone at Raimon Land who has contributed to our continued success.\u201d\n\n\nSC Asset continues to lead the way when it comes to housing with everyone taking note of its performance. The firm was named Best Developer Luxury Housing while Bangkok Boulevard Signature Chaengwattana was selected by the public as Thailand People\u2019s Choice Award for Project of the Year 2022. This was the first time a housing development won the People\u2019s Choice Award.\n\n\nDeveloper of The Year Thailand 2022\n\n\nRaimon Land\n\n\n\n\nRaimon Land won Developer of the Year Thailand 2022 and Best Developer Luxury Condominiums\n\n\nThailand People\u2019s Choice Award for Project of the Year 2022\n\n\nBangkok Boulevard Signature Chaengwattana from SC Asset\n\n\nDot Property Thailand Awards 2022 developer winners\n\n\n\n\nSC Asset was named Best Developer Luxury Housing along with winning Project of the Year\n\n\nDevelopers from Bangkok, Phuket, Samui and the Eastern Seaboard were all honored at the Dot Property Thailand Awards 2022. Dynasty Group and LDR Group are repeat winners while the impressive performance of Garden Atlas Development this year saw it named Best Breakthrough Developer Phuket.\n\n\nBest Developer Luxury Housing\n \u2013 SC Asset\n\n\nBest Developer Luxury Condominiums\n \u2013 Raimon Land\n\n\nBest Developer Koh Samui\n \u2013 LDR Group\n\n\nBest Developer Phuket\n \u2013 Pearl Island Property\n\n\nBest Developer Eastern Seaboard\n \u2013 Patta Group\n\n\nBest Boutique Developer\n \u2013 Dynasty Group\n\n\nBest Breakthrough Housing Developer\n \u2013 Fulcrum Ventures Asia Group\n\n\nBest Breakthrough Developer Phuket\n \u2013 Garden Atlas Development\n\n\nBest Mid Range Housing Developer Eastern Seaboard\n \u2013 Garden Ville Home & Property Company\n\n\nDot Property Thailand Awards 2022 project winners\n\n\nA number of standout projects were recognized at the Dot Property Thailand Awards 2022. One of the most notable winners was Villa Qabalah from DNA Collection which took home Best Green Villa Development Phuket.\n\n\nBest Luxury Condominium Bangkok\n \u2013 Muniq Langsuan from Major Development\n\n\nBest Ultra Luxury Residences Bangkok\n \u2013 Dusit Residences from Vimarn Suriya\n\n\nBest Housing Development (New Launch) Bangkok\n \u2013 Panara Bangna-Suvarnabhumi from Fulcrum Ventures Asia Group\n\n\nBest Green Development\n \u2013 Swan Lake Residence Khao Yai from Elysian Development\n\n\nBest Villa Development Koh Samui\n \u2013 Santi Tara Villas from LDR Group\n\n\nBest Mixed Use Development Koh Samui\n \u2013 Emerald Bay View from Premium Construction\n\n\nBest Green Villa Development Phuket\n \u2013 Villa Qabalah from DNA Collection\n\n\nDot Property Thailand Awards 2022 design winners\n\n\nGarden Atlas celebrates winning Best Luxury Villa Architectural Design Phuket\n\n\nDesign plays an important role in day-to-day living. Winners in these categories showed unmatched attention to detail and a willingness to think differently.\n\n\nBest Luxury Villa Architectural Design Phuket\n \u2013 Garden Atlas from Garden Atlas Development\n\n\nBest Condominium Architectural Design Phuket\n \u2013 The One Naiharn from The One Phuket\n\n\nBest Residential Lifestyle Design Eastern Seaboard\n \u2013 Arom Jomtien from Colours Development\n\n\nBest Condominium Architectural Design Chiang Mai\n \u2013 Le Chamonix Chiang Mai from Luxury Chiang Mai Land\n\n\nBest Affordable Condominium Interior Design Eastern Seaboard\n \u2013 The Ivy Jomtien Beach from Daniel Binks Development\n\n\nSpecial Recognition Awards for Architectural Design\n\n\nThe Curve from DNA Square Limited\n\n\nThailand\u2019s Best Real Estate Agencies 2022\n\n\nReal estate agencies continue to be a vital link between property buyers and sellers while also providing other indispensable services that support a vibrant property sector. Celebrating their work is another aspect that makes the Dot Property Thailand Awards unique. A total of six companies were named as Thailand\u2019s Best Real Estate Agencies 2022.\n\n\nCitadel Real Estate\n\n\nCMP Realty\n\n\nNPP Realty & Consultants\n\n\nPBRE Real Estate\n\n\nSEA Property Group\n\n\nZupreme C&C (Thailand)\n\n\nFestivities were once again held in-person after a special hybrid ceremony was organized in 2021 because of pandemic-related event restrictions. More than 250 of the real estate industry\u2019s best and brightest were in attendance this year.\n\n\nThe Dot Property Thailand Awards 2022 would like to thank Savills Thailand and their CEO Robert Collins for serving as official Awards Consultants. A special mention also goes to official venue partner Park Hyatt Bangkok and VIP Transportation provider Mercedes-Benz Primus Autohaus for their continued support.\n\n\nThe Dot Property Southeast Asia Awards are scheduled for December in Bangkok. For more details on how you can take part, please email \n[email\u00a0protected]\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-thailand-real-estate-outlook-2021-now", "title": "Dot Property Thailand Real Estate Outlook 2021 out now!", "body": "\n\nThe Dot Property Thailand Real Estate Outlook 2021 features insights with Singha Estate, SC Asset, Raimon Land and more.\n\n\nThe Dot Property Thailand Real Estate Outlook 2021 takes a look at what is in store for the Kingdom\u2019s real estate sector this year. \u00a0You can download the report \nright here\n!\n\n\nDot Property spoke with some of the country\u2019s leading developers to get a better understanding of key topics including low-rise housing, Bangkok luxury condominiums, the Thailand expat housing market and when buyers will return to Phuket.\n\n\nAdditionally, the Dot Property Thailand Real Estate Outlook 2021 is available in both English and Thai.\n\n\nSingha Estate explores the impact location will have on Bangkok luxury condominiums\n\n\nThe Bangkok luxury condominium market recorded impressive growth during the past decade. Competition in the sector has been significant as established developers were joined by newcomers, such as\u00a0\nSingha Estate\n. This inspired greater innovation in the form of new technologies and more impressive facilities. But developers had to rethink the impact location can have on luxury projects.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nClick here to keep reading\n\n\nLeading developers share their 2021 insights\n\n\nWant to know what Thailand\u2019s leading developers are thinking about this year? Here\u2019s a sneak peek of what they shared with us.\n\n\nNuttaphong Kunakornwong, SC Asset Chief Executive\n\n\n\u201cWe will focus on no-loss in business and keeping sufficient cash on hand. We will be ready to grow again when the crisis ends.\u201d\n\n\nKhun Nichada Changrew, CEO at Nichada Thani Group\n\n\n\u201cThe location and type of residence of choice for expats may shift from city residences to gated communities which can add convenience to working from home.\u201d\n\n\nKhun Attasit Intarachooti, Botanica Luxury CEO\n\n\n\u201cWe do not expect fast sales as we saw in the past, but we do expect people to come down to Phuket as they search for an investment and holiday home this year.\u201d\n\n\nHow to read the Dot Property Thailand Real Estate Outlook 2021\n\n\nDot Property Thailand Real Estate Outlook 2021is available online \nright here\n. And for more coverage of real estate in Southeast Asia, checkout Dot Property Magazine, Asia\u2019s premier real estate magazine. You can read it online by\u00a0\nclicking\u00a0here\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-vietnam-awards-2019-celebrates-countrys-real-estate-sector-honouring-34-winners", "title": "Dot Property Vietnam Awards 2019 celebrates the country\u2019s real estate sector by honouring 35 winners", "body": "\n\nThe winners celebrate their success at the Dot Property Vietnam Awards 2019\n\n\nA record number of winners were honoured at the 3\nrd\u00a0\nannual Dot Property Vietnam Awards in Ho Chi Minh City. A total of 35 awards were handed during an exclusive ceremony at Reverie Saigon Hotel on July 25 with Sunshine Diamond River from Sunshine Homes \u2013 A Member of Sunshine Group taking home the coveted People\u2019s Choice award.\n\n\nAs one of the only real estate awards to be voted on by the public, Sunshine Diamond River captured the imagination of the Vietnamese people this year. The outstanding project was also presented with the Best Innovative Green Building Vietnam award.\n\n\nNovaland Group was a big winner at the Dot Property Vietnam Awards 2019 earning three honours including Best Developer Vietnam, the top developer award. The firm also won Best Luxury Mixed-Use Development Vietnam for The Grand Manhattan and Best Innovative Resort Landscape Architectural Design Vietnam for\u00a0NovaWorld Phan Thiet.\n\n\nIt was also a good night for MIKGroup who garnered a trio of developer awards: Best Mixed-Use Developer Vietnam, Breakthrough Developer Vietnam and Best Developer Hanoi.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFull list of Dot Property Vietnam Awards 2019 developer winners:\n\n\nBest Developer Vietnam \u2013 Novaland Group\n\n\nBest Mixed-Use Developer Vietnam \u2013 MIKGroup\n\n\nBest Luxury Developer Vietnam \u2013 Sunshine Homes \u2013 A Member of Sunshine Group\n\n\nBest Residential Developer Vietnam \u2013 Keppel Land Vietnam\n\n\nBest Innovative Developer Vietnam \u2013 Alphanam Group\n\n\nBreakthrough Developer Vietnam- MIKGroup\n\n\nBest Sustainable Developer Vietnam \u2013 Phuc Khang Corporation \u2013 Green Building Developer\n\n\nBest Green Developer Vietnam \u2013 TLM Real Estate Corporation\n\n\nBest Luxury Resort Developer \u2013 Bim Land Joint Stock Company\n\n\nBest Developer Ho Chi Minh \u2013 Phat Dat Real Estate Development Corporation\n\n\nBest Developer Hanoi \u2013 MIKGroup\n\n\nBest CSR Developer Vietnam \u2013 TLM Real Estate Corporation\n\n\nProjects in Vietnam continue to improve and the level of excellence now found in the country is truly impressive. This year\u2019s class of project winners each brings something special to the market.\n\n\nIn addition to winning Best Luxury Developer at the Dot Property Vietnam Awards 2019, Sunshine Homes \u2013 A Member of Sunshine Group had projects honoured as Best Luxury Condo Development Vietnam, Best Integrated Resort Master Plan Design Vietnam and Best Innovative Green Building Vietnam. Meanwhile, Keppel Land Vietnam added to its award haul with Saigon Centre scoring Best Iconic Development Vietnam.\n\n\nFull list of Dot Property Vietnam Awards 2019 project winners:\n\n\nSunshine Diamond River from Sunshine Homes \u2013 A Member of Sunshine Group took home the coveted People\u2019s Choice award along with two other honours\n\n\nBest Luxury Condo Development Vietnam \u2013 Sunshine City Saigon from Sunshine Homes \u2013 A Member of Sunshine Group\n\n\nBest Iconic Development Vietnam \u2013 Saigon Centre from Keppel Land Vietnam\n\n\nBest Luxury Mixed-Use Development Vietnam \u2013 The Grand Manhattan from Novaland Group\n\n\nBest Innovative Green Building Vietnam \u2013 Sunshine Diamond River from Sunshine Homes \u2013 A Member of Sunshine Group\n\n\nBest Urban Lifestyle Development Vietnam \u2013 The Dragon Castle from National Housing Organization\n\n\nBest Golf Club & Resort Vietnam- Hoa Tien Paradise \u2013 Xuan Thanh Golf and Resort from Hong Lam Xuan Thanh JSC\n\n\nBest Luxury Integrated Resort Vietnam \u2013 KN Paradise Cam Ranh from KN Cam Ranh Company Limited\n\n\nBest Hotel Family Resort Vietnam \u2013 Novotel Phu Quoc Resort\n\n\nBest Investment Property Vietnam \u2013 Altara Residences Quy Nhon\n\n\nBest Beachfront Luxury Development Vietnam \u2013 Sapphire Ha Long \u2013 DojiLand Real Estate Investment Company, Ltd\n\n\nFor the very first time at the Dot Property Vietnam Awards, the Box Brownie Special Recognition Award for Online Marketing was handed out. Savills Vietnam was presented with the very special award judged by the team from Box Brownie. They were one of eight winners in the design and innovation categories this year.\n\n\nFull list of Dot Property Vietnam Awards 2019 design and innovation winners:\n\n\nBox Brownie Special Recognition Award for Online Marketing \u2013 Savills Vietnam\n\n\nBest Luxury Beachfront Resort Architectural Design Vietnam -Wyndham Tropicana Resort and Villa Long Hai from Ben Thanh Long Hai Joint Stock Company\n\n\nBest Innovative Resort Landscape Architectural Design Vietnam \u2013\u00a0NovaWorld Phan Thiet\n\n\nBest Apartment Architectural Design Vietnam \u2013 King Palace\n\n\nBest Luxury Condo Architectural Design Vietnam \u2013 Rome by Diamond Lotus from Phuc Khang Corporation \u2013 Green Building Developer\n\n\nBest Housing Architectural Design Vietnam \u2013 Gami Eco Charm from Gami Land\n\n\nBest Innovation and Technology Vietnam \u2013 LinkHouse Corporation\n\n\nThe Dot Property Vietnam Awards 2019 also saw the return of Vietnam\u2019s Best Real Estate Agencies. A total of four agencies were bestowed with this honour in 2019.\n\n\nFull list of Vietnam\u2019s Best Real Estate Agencies 2019\n\n\nRealPlus JSC\n\n\nDKRA Vietnam\n\n\nHai Phat Land\n\n\nCENLAND\n\n\n\u201cThe Dot Property Vietnam Awards continues to grow at an impressive rate with both the industry and public embracing the programme,\u201d Adam Sutcliffe, Dot Property Director, Events and International Markets, explains. \u201cThis year\u2019s record-setting class of winners highlights the quality and strength of the Vietnamese property market. We would also like to thank our sponsors, Leading Real Estate Companies of the World\u00ae and BoxBrownie.com, for supporting the Dot Property Vietnam Awards 2019. Their contributions allow us to celebrate the real industry in Vietnam.\u201d\n\n\nNow in its third year, the Dot Property Vietnam Awards celebrates the best in local real estate by honouring the country\u2019s best developers, projects and companies that contribute to the sector.\n\n\nFor more information on the Dot Property Vietnam Awards 2019, please visit www.dotproperty.com.vn\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-vietnam-awards-2020-puts-spotlight-innovation-real-estates-best-shine", "title": "Dot Property Vietnam Awards 2020 puts spotlight on innovation as real estate\u2019s best shine", "body": "\n\nHope, positivity and resilience were on full display at the Dot Property Vietnam Awards 2020 as real estate industry finally gets back to business. More than 45 winners were honored during an exclusive ceremony inside the renowned Reverie Saigon Hotel on July 23.\n\n\nInnovation was a key theme during the fourth annual Dot Property Vietnam Awards and never has it been more important. Developers, real estate agencies and firms in the property sector have all needed to quickly innovate during what has been an extremely challenging time.\n\n\nFor the second consecutive year, Novaland Group won Vietnam Developer of the Year, the event\u2019s top honor. It was one of four awards the homebuilder took home this year.\n\n\nDot Property Awards On Screen:\n \nWatch the Dot Property Vietnam Awards 2020 replay\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe Dot Property Vietnam Awards 2020 was a record-setting affair for Sunshine Homes \u2013 A Member of Sunshine Group as the firm collected six honors, the most ever in a single year. The developer was presented with Best Innovation and Technology and was also one of only three winners in the Special Recognition Awards for Innovation category.\n\n\nSustainability and a commitment to green building was another theme celebrated this year. VSIP Group and its member companies is one of the organizations at the forefront of that movement and their five awards, including Best Sustainable Commercial Development, show the group\u2019s commitment to this.\n\n\nThe most coveted honor is the Vietnam People\u2019s Choice Award for Project of the Year 2020 with the public choosing Sun World Ba Na Hills from Sun Group as its favorite project. Sun Group also won Best Leisure Developer.\n\n\nDot Property Vietnam Awards 2020 developer winners:\n\n\nVietnam Developer of the Year 2020 \u2013 Novaland Group\n\n\nBest Luxury Developer \u2013 Tan Hoang Minh Group\n\n\nBest Leisure Developer \u2013 Sun Group\n\n\nBest Mixed-Use Developer \u2013 Him Lam Land\n\n\nBest Residential Developer \u2013 TNR Holdings Vietnam\n\n\nBest Sustainable Developer \u2013 BCG Land\n\n\nBest Innovative Developer \u2013 Meyland\n\n\nBest Township Developer \u2013 KITA Group\n\n\nBest Industrial Real Estate Developer \u2013 TNI Holdings Vietnam\n\n\nBest Housing Developer \u2013 Thang Long Real Estate Corporation\n\n\nBest Landed Developer \u2013 VSIP Group\n\n\nQuality residential, commercial, hospitality and mixed-use projects have taken the Vietnam property market to the next level. Driven by a commitment to sustainability and innovation, developers have launched best-in-class projects around the country. This includes the continued expansion into resort and satellite urban areas, two fast growing elements of the property market.\n\n\nTan Hoang Minh Group once again showed it is one of Vietnam\u2019s leading affluent developers, winning awards for Best Luxury Residential High Rise Development and Best Ultra Luxury Condo Development. Among the hospitality winners was Ocean Luxury Villa Managed By Radisson Blu which earned Best Luxury Beachfront Villa Resort Development.\n\n\nDot Property Vietnam Awards 2020 residential project winners:\n\n\nIn additional to winning Developer of the Year 2020, Novaland took home three other awards\n\n\nBest Luxury Residential High Rise Development \u2013 D\u2019. Capitale from Tan Hoang Minh Group\n\n\nBest Ultra Luxury Condo Development \u2013 D\u2019. Palais Louis from Tan Hoang Minh Group\n\n\nBest Luxury Township Development \u2013 CityLand Park Hills from CityLand Investment Company Limited\n\n\nBest Luxury Shophouse Development \u2013 Him Lam Van Phuc from Him Lam Land\n\n\nBest Investment Property Vietnam \u2013 Meyhomes Capital Phu Quoc from Meyland\n\n\nBest Sustainable Residential Development \u2013 Aqua City from Novaland Group\n\n\nBest Green Sky Villas Development \u2013 Sunshine Crystal River from Sunshine Homes \u2013 A Member of Sunshine Group\n\n\nBest Sustainable Condo Development \u2013 The Habitat Binh Duong from VSIP-Sembcorp Gateway Development Co., Ltd\n\n\nBest Housing Master Plan Design \u2013 Sun Casa Central from VSIP J.V., Co., Ltd.\n\n\nBest Innovative Green Building \u2013 L\u00e9man Luxury Apartment from C.T Group\n\n\nDot Property Vietnam Awards 2020 mixed use, hospitality and commercial project winners:\n\n\nBest Cultural Heritage Development \u2013 Sunshine Heritage Resort from Sunshine Homes \u2013 A Member of Sunshine Group\n\n\nBest Luxury Financial Complex \u2013 Sunshine Empire from Sunshine Homes \u2013 A Member of Sunshine Group\n\n\nBest Resort Villa and Tourism Complex \u2013 Casa Marina Premium from BCG Land\n\n\nBest Luxury Beachfront Villa Resort Development \u2013 Ocean Luxury Villa Managed By Radisson Blu from Eurowindow Holding\n\n\nBest Entertainment and Resort Complex \u2013 NovaWorld Phan Thiet from Novaland Group\n\n\nBest Green Industrial Building \u2013 VSIP Bac Ninh High-Rise Ready Built Factory from VSIP Bac Ninh\n\n\nBest Sustainable Commercial Development \u2013 VSIP Bac Ninh High-Rise Ready Built Factory from VSIP Bac Ninh\n\n\nInnovation and design have become incredibly important for the real estate industry. Sunshine Homes \u2013 A Member of Sunshine Group led this charge during the past 12 months and was presented with the award for Best Innovation and Technology.\n\n\nDot Property Vietnam Awards 2020 design and innovation winners:\n\n\nBest Innovation and Technology \u2013 Sunshine Homes \u2013 A Member of Sunshine Group\n\n\nBest Condo Architectural Design Ho Chi Minh City \u2013 Thang Long Home \u2013 Hung Phu Condos from Hung Phu Real Estate Investment JSC\n\n\nBest Beachfront Resort Landscape Design \u2013 Wonder City Van Phong Bay from Eurowindow Holding\n\n\nBest Shophouse Architectural Design \u2013 Thanh Long Bay from Nam Group\n\n\nBest Township Landscape Architectural Design \u2013 Danko City from Danko Group\n\n\nNew for 2020 was the introduction of the Special Recognition Awards for Innovation, Building Community and Smart Green Solutions. These winners are pioneers in their respective fields and have helped elevate the entire real estate sector.\n\n\nDot Property Vietnam Special Recognition Awards:\n\n\nSpecial Recognition Award for Innovation \u2013 Sunshine App \u2013 Development by Sunshine Group\n\n\nSpecial Recognition Award for Innovation \u2013 Rolling Ant\n\n\nSpecial Recognition Award for Innovation \u2013 Houze Group\n\n\nSpecial Recognition Award for Building Community \u2013 Novaland Group\n\n\nSpecial Recognition Award for Smart Green Solution \u2013 Sunshine Homes \u2013 A Member of Sunshine Group\n\n\nThe Dot Property Vietnam Awards 2020 also celebrated real estate agencies, property consultancies and property management companies.\n\n\nVietnam\u2019s Best Real Estate Agencies 2020\n\n\nDKRA Vietnam\n\n\nCENLAND\n\n\nTLH Real Estate Transaction Floor Company Limited\n\n\nVietnam\u2019s Best Property Consultancy Firms 2020\n\n\nDKRA Vietnam\n\n\nCENLAND\n\n\nDot Property Vietnam Awards 2020 Property Management Business Winners:\n\n\nVietnam\u2019s Best Property Management Business \u2013 TNS HOLDINGS\n\n\nHo Chi Minh\u2019s Best Property Management Business \u2013 Minh An Housing\n\n\n\u201cThis year has been challenging for the Vietnam property sector, but things have started to turn around and the Dot Property Vietnam Awards 2020 was another step in the right direction,\u201d Adam Sutcliffe, Dot Property Director, Events and International Markets, says. \u201cThe 2020 class of winners will forever be recognized for both their innovative spirit and ability to overcome adversity.\u201d\n\n\nA great night in Ho Chi Minh City\n\n\nThe Dot Property Vietnam Awards 2020 would like to thank this year\u2019s sponsors, Berkeley Group and De Dietrich \u2013 exclusively distributed by Deborah Home, for their support of the event along with Vietstock, the event\u2019s official media partner.\n\n\nIn December, the Dot Property Awards series concludes its yearly calendar with the Dot Property Southeast Asia Awards 2020. This year\u2019s regional celebration will focus on supporting charity with proceeds going to COVID-19 relief efforts across Southeast Asia.\n\n\nAnyone interested in joining the Dot Property Southeast Asia Awards 2020 should contact Ngoc Bui, Dot Property Vietnam Head of Business Development, at \n[email\u00a0protected]\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-vietnam-awards-2021-celebrate-winners-inspire-sustainable-growth-real-estate", "title": "Dot Property Vietnam Awards 2021 celebrate winners who inspire sustainable growth in real estate", "body": "\n\nThe Dot Property Vietnam Awards 2021 are pleased to announce this year\u2019s winners after what has been an extremely challenging year. More than 40 developers, projects, real estate agencies and consultancies from across the country were honored.\n\n\nThe fifth edition of the Dot Property Vietnam Awards championed sustainable growth in real estate, a trend that has emerged across the property market. Developers and projects have focused on this as they overcome key issues, such as improving safety and wellbeing; providing sustainable, green spaces; positively affecting local economies; and elevating society.\n\n\nVINHOMES JSC has worked towards these goals during the past 12 months and its efforts were rewarded with the award for Developer of The Year Vietnam 2021. The firm\u2019s ability to craft the ideal living experience under the \u201cNew Normal\u201d is one of the many reasons it was named as the best developer this year.\n\n\nSunshine Homes \u2013 A Member of Sunshine Group is a regular at the Dot Property Vietnam Awards and they won a total of six honors in 2021 including Best Sustainable Property Developer and Best Financial Hub Iconic Design for KSFinance Hanoi.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cThe Vietnam property market was challenged in 2021 and this year\u2019s winners were able to remain resilient in the face of adversity,\u201d Adam Sutcliffe, Dot Property Director, Events and International Markets, says. \u201cWe applaud their efforts to create and maintain sustainable growth in real estate as the benefits of this extend throughout the country.\u201d\n\n\nThe most coveted honor is the Vietnam People\u2019s Choice Award for Project of the Year 2021 with the public choosing Diamond Crown Hai Phong project from Doji Land and Hai Phong Invest as its favorite project. The impressive development received more than 6,000 votes.\n\n\nDeveloper of The Year Vietnam 2021 \n\u2013 VINHOMES JSC\n\n\nThe award for Developer of The Year Vietnam 2021 is presented to VINHOMES JSC\n\n\nDot Property Vietnam Awards 2021 developer winners:\n\n\nBest Luxury Lifestyle Developer \u2013 Phu My Hung Development Corporation\n\n\nBest Developer Southern Vietnam \u2013 Cat Tuong Group\n\n\nBest Luxury Developer \u2013 DOJI LAND\n\n\nBest Innovative Developer \u2013 GFS Group\n\n\nBest Sustainable Property Developer \u2013 Sunshine Homes\n\n\nBreakthrough Developer \u2013 Danh Khoi Group\n\n\nBest Township Developer \u2013 Development Investment Construction J.S Corporation (DIC Corp)\n\n\nBest Mixed-Use Developer \u2013 TNR Holdings Vietnam\n\n\nBest Commercial Developer \u2013 Onsen Fuji\n\n\nBest Industrial Real Estate Developer \u2013 TNI Holdings Vietnam\n\n\nProjects in Vietnam continue to focus on providing the best for residents while adapting to quickly changing lifestyle needs. Luxury condominium, township, resort and boutique development winners highlight how developers are able to meet shifting requirements without sacrificing quality.\n\n\nVietnam People\u2019s Choice Award for Project of the Year 2021 \n\u2013 Diamond Crown Hai Phong\n\n\nDot Property Vietnam Awards 2021 project winners:\n\n\nBest Sustainable Township Development \u2013 EcoCity Premia\n\n\nBest Lifestyle Township Development \u2013 La Vida Residences\n\n\nBest Mid-Market Condo Development \u2013 Legacy Central\n\n\nBest Beachfront Condo Development \u2013 The Ruby Ha Long\n\n\nBest Beachfront Resort Apartment \u2013 Dolce Penisola Quang Binh\n\n\nBest Luxury Boutique Condo \u2013 T-Place\n\n\nBest Beachfront Luxury Hotel & Resort Development \u2013 Sunshine Heritage Da Nang I\n\n\nBest Township Development \u2013 Meyhomes Capital Phu Quoc\n\n\nBest Entertainment and Resort Complex \u2013 Sunshine Heritage Hanoi\n\n\nBest Luxury Mixed-Use \u2013 L\u00e9man Luxury\n\n\nBest Integrated Real Estate Development Vietnam \u2013 TMS Homes Wonder World\n\n\nThe Dot Property Vietnam Awards 2021 also recognized design, innovation and contractor categories. Some of the country\u2019s most notable projects, including Pullman Phu Quoc Beach Resort and KSFinance Hanoi, were honored.\n\n\nDot Property Vietnam Awards 2021 design, innovation and contractor winners:\n\n\nBest Township Master Plan Design \u2013 Meyhomes Capital Phu Quoc\n\n\nBest Luxury Hotel Architecture Design \u2013 Pullman Phu Quoc Beach Resort\n\n\nBest Beachfront Resort Villa Architecture Design \u2013 Sunshine Heritage Mui Ne\n\n\nBest Luxury Mixed-Use Architecture Design \u2013 King Crown Infinity\n\n\nBest Luxury Resort Complex Iconic Design \u2013 Charm Resort Ho Tram\n\n\nBest Luxury Residence and Hotel Iconic Design \u2013 Diamond Crown Hai Phong\n\n\nBest Resort Architecture Design \u2013 Meysenses Lucia Bay Bai Lu\n\n\nBest Financial Hub Iconic Design \u2013 KSFinance Hanoi\n\n\nBest Innovative Contractor \u2013 Hung Thinh Incons\n\n\nBest Sustainable Contractor \u2013 Handong E&C\n\n\nBest Innovation and Technology Vietnam \u2013 Topenland Vietnam\n\n\nThe Special Recognition Awards returned in 2021 with a focus on property management and smart finance solutions. These winners are pioneers in their respective fields and are providing unique benefits to help drive the real estate market forward.\n\n\nDot Property Vietnam Special Recognition Awards:\n\n\nSpecial Recognition Award for Property Management Businesses Vietnam \u2013 Anabuki NL Housing Service Vietnam\n\n\nSpecial Recognition Award for Smart Finance Solution \u2013 KSFinance\n\n\nAdditionally, the Dot Property Vietnam Awards 2021 once again celebrated real estate agencies and property consultancies.\n\n\nVietnam\u2019s Best Real Estate Agencies 2021\n\n\nDKRA Vietnam\n\n\nVietnam\u2019s Best Property Consultancy Firms 2021\n\n\nWeLand Real Estate\n\n\nDKRA Vietnam\n\n\nNew for this year was the introduction of the Vietnam Real Estate Persons of The Year 2021. Two of the industry\u2019s leading figures were presented with this very special honor.\n\n\nVietnam Real Estate Persons of The Year 2021\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \n\n\nMr. Nguyen Dinh Trung \u2013 Chairman of Hung Thinh Corp\n\n\nMr. Pham Lam \u2013 Chairman of DKRA Vietnam\n\n\nA number of consultants helped make the Dot Property Vietnam Awards 2021 possible. We want to express our deepest gratitude to Mr. John Gardner of Optimum Hospitality, Mr. Eric Monteil of Art Consulting Asia, Mr. Damien Jamet of Casamia Interior, Mr. Gwen Lefebvre of Gwendesign, Mr. Amir Ohayon Goldenberg of Paradise Bay Resort Company Limited, Mr. Lucas Senault of Bureau Veritas and Mr. Stan Hug of Hafele Vietnam.\n\n\nAdditionally, the Dot Property Vietnam Awards 2021 wishes to thank this year\u2019s media partners, Toan Canh Bat Dong San, InvestTV, Nam Huong Media & Event and RealCom, as well as strategic sponsor Subaru.\n\n\nNgoc Bui, Dot Property Country Events Manager Vietnam, speaks to the media\n\n\nThe Dot Property Vietnam Awards 2021 is also proud to support the efforts of Habitat for Humanity Vietnam, the official charity partner of the awards.\n\n\n\u201cWe want to congratulate all of the developers, businesses and real estate projects that won this year. They are a bright spot for the entire industry and a model of the spirit of overcoming difficulties in what has been a tumultuous year,\u201d Ngoc Bui, Dot Property Country Events Manager Vietnam, stated. \u201cUnfortunately, the ongoing COVID-19 pandemic meant we were unable to host our grand celebration. However, we are optimistic that we can welcome everyone back in 2022.\u201d\n\n\nAnyone interested in joining the Dot Property Vietnam Awards should contact Ngoc Bui, Country Events Manager Vietnam, at \n[email\u00a0protected]\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-vietnam-awards-2021-developer-winners-go-beyond", "title": "Dot Property Vietnam Awards 2021 developer winners go above and beyond", "body": "\n\nPhu My Hung Development Corporation celebrates winning Best Luxury Lifestyle Developer\n\n\nThis article appeared in the most recent issue of Dot Property Magazine. \nClick here to read it\n!\n\n\nThe developer winners at the Dot Property Vietnam Awards 2021 are leading the country\u2019s real estate market forward through sustainable growth, innovation and a focus on the environment. In their respective areas of expertise, these winners exemplify excellence in their knowledge, abilities and skills which are displayed in their outstanding work.\n\n\nBest Luxury Lifestyle Developer \n\n\nPhu My Hung Development Corporation\n\n\nThrough green spaces, leading amenities and residential areas that offer serenity, Phu My Hung Development Corporation has curated the luxury lifestyle people in Vietnam have come to love. The firm boasts an impressive array of master planned communities designed to empower residents with the best life has to offer.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBest Developer Southern Vietnam \n\n\nCat Tuong Group\n\n\nLast year began an important decade for \nCat Tuong Group\n as it looks to scale up business and elevate real estate in Southern Vietnam. The developer has a number of landed projects in its portfolio as it looks to offer homebuyers all the elements needed for a happy life in a single place. Among its notable developments is Cat Tuong Western Pearl, an 80-hectare, mixed-use development featuring residential complexes, lifestyle spaces, commercial centers, schools and hospitals along with parks and green areas to create peaceful, low-density living.\n\n\nBest Developer Northern Vietnam \n\n\nTLG Property\n\n\nTLG Property won Best Developer Northern Vietnam at the Dot Property Vietnam Awards 2021. This was the firm\u2019s first victory at the Dot Property Awards.\n\n\nBest Luxury Developer \n\n\nDOJI LAND\n\n\nFounded by DOJI Gold & Gems Group, DOJI LAND\u2019s focus on the luxury property segment was a natural extension of their core business. The firm is committed to providing homebuyers with the best at all their developments. Luxury isn\u2019t simply a marketing tool for the company, but a mindset that inspires their projects. The developer is driven by a desire to create masterpieces that offer unsurpassed quality of life. Developments such as Sapphire Residence are designed to produce one-of-a-kind beauty as if they were a precious gemstone.\n\n\nRelated:\n\u00a0\nDiamond Crown Hai Phong from developer DOJI Land wins\u00a0Vietnam People\u2019s Choice Award for Project of the Year 2021 \n\n\nBest Innovative Developer \n\n\nGFS Group\n\n\nFor GFS Group, the key to success is cooperation, creativity and knowledge sharing. This is what drives their attempts to innovate across all business activities. The GFS Tower project is a great example of this innovation in action. The building is equipped with a rooftop solar energy system that reduces electricity consumption and protects the environment. Innovation like this is rare in Hanoi and demonstrates GFS Group\u2019s unique capabilities.\n\n\nBreakthrough Developer \n\n\nDanh Khoi Group\n\n\nEstablished in 2006, Danh Khoi Group boasts 15 years of operation and cumulative experience. The firm has delivered a diversified real estate portfolio featuring more than 60 residential and resort projects. Last year was seen as a breakthrough 12 months for Danh Khoi Group as it transformed itself with the introduction of a new brand identity system along with the announcement of a restructuring strategy and comprehensive development orientation.\n\n\nBest Township Developer \n\n\nDevelopment Investment Construction J.S Corporation (DIC Corp)\n\n\nDIC Corp has long been a pioneer in the development of new urban areas and real estate projects. Township developments have been an area of emphasis for the firm as it looks to both create livable places and uplift the surrounding communities through the creation of spaces and jobs. DIC Corp townships are detail orientated with large features, such as housing and public zones, interwoven with small touches like well-planned infrastructure.\n\n\nBest Mixed-Use Developer \n\n\nTNR Holdings Vietnam\n\n\nOne key feature of all projects developed by TNR Holdings Vietnam are the amenities which embrace nature and green spaces. This ensures the firm\u2019s mixed-use developments are landmarks where people come to escape the hustle and bustle of the city. The various elements of each project (residential, commercial, retail, etc.) are then carefully placed in a manner that provides convenience.\n\n\nBest Commercial Developer \n\n\nOnsen Fuji\n\n\nOnsen Fuji is dedicated to the investment and development of luxury commercial projects that service and inspire visitors. The developer\u2019s most well-known project, Wyndham Lynn Times Thanh Thuy, showcases its vision. The 5-star resort features a hot spring mineral park and a row of Japanese-style adjoining shops for a one-of-a-kind experience. Meanwhile, the hotel will boast more than 2,000 rooms across a pair of 33-story towers. Onsen Fuji has worked diligently to curate the commercial aspects so they meet the needs of guests.\n\n\nBest Industrial Real Estate Developer\n\n\nTNI Holdings Vietnam\n\n\nTNI Holdings Vietnam continues to lead the way when it comes to Vietnam\u2019s industrial real estate market. The firm has developed some of the country\u2019s top industrial developments over the years. An understanding of customer needs and value chains allows it to build cutting-edge spaces that go beyond competitors. TNI Holdings Vietnam\u2019s industrial projects have an 80 percent occupancy rate on average which is far better than industry standards.\n\n\nBest Integrated Real Estate Developer \n\n\nTan A Dai Thanh \u2013 Meyland\n\n\nThe focus of Tan A Dai Thanh \u2013 Meyland is on creating world-class urban areas in Vietnam that are completely integrated. To do this, the developer builds friendly and comfortable living environments that boast modern functions. These are then placed alongside diverse offerings, such as administration services, healthcare providers, retail spaces, life services, businesses and schools.\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/dot-property-vietnam-awards-2021-honors-design-innovation-throughout-country", "title": "Dot Property Vietnam Awards 2021 honors design and innovation throughout the country", "body": "\n\nMeyhomes Capital Phu Quoc were among this year's design and innovation winners\n\n\nThis article on design and innovation winners at the Dot Property Vietnam Awards 2021 appeared in the most recent issue of Dot Property Magazine. \nClick here to read it\n!\n\n\nDesign and innovation have left a lasting impression on all sectors of the Vietnam real estate industry. Condominiums, townships, office towers, resorts and just about every other type of development have benefited from both over the past few years.\n\n\nNew technologies and innovative techniques have seen projects become more sustainable. Meanwhile, interior and architecture design has brought a fresh wave of developments to Vietnam that are beautiful, functional and iconic. The Dot Property Vietnam Awards is proud to unveil this year\u2019s design, innovation and contractor winners.\n\n\nDot Property Vietnam Awards 2021 design and innovation winners\n\n\nBest Township Master Plan Design \n\n\nMeyhomes Capital Phu Quoc\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe plan behind \nMeyhomes Capital Phu Quoc\n sees technological and sustainable innovations integrated into a one-of-a-kind location. This allows for the creation of a 5-star township that offers unmatched livability. The master plan was created in conjunction with leading overseas companies to ensure it met international standards. What\u2019s more, it is the first Smart City in Phu Quoc. Meyhomes Capital Phu Quoc also won Best Township Development at the Dot Property Vietnam Awards 2021.\n\n\nBest Luxury Hotel Architecture Design \n\n\nPullman Phu Quoc Beach Resort\n\n\nSpanish architect and town planner Salvador P\u00e9rez Arroyo took luxury hotel architecture design in Vietnam to the next level with Pullman Phu Quoc Beach Resort. This stunning development has been crafted to maximize its beautiful surroundings with the architecture enhancing the guest experience. Inspired by local fishing villages, the resort is designed to appear like a fish swimming in the sea while retaining an upscale ambiance to impress discerning visitors.\n\n\nBest Luxury Mixed-Use Architecture Design \n\n\nKing Crown Infinity\n\n\nKing Crown Infinity\n boasts architecture design that is sophisticated and timeless to create the perfect space. Residences and retail areas have been tailored to those who expect the finest from life. The apartments boast a modern European style that is harmoniously integrated with traditional Asian details. The retail space and walking street at King Crown Infinity were carefully designed to incorporate green features that accentuate the project\u2019s architecture.\n\n\nBest Luxury Resort Complex Iconic Design \n\n\nCharm Resort Ho Tram\n\n\nThe iconic design of Charm Resort Ho Tram starts with the details. The architectural landscape, villas, hotels and rare 6-star facilities have been meticulously crafted to inspire all who stop by. It is a tropical masterpiece that is helping establish Ba Ria \u2013 Vung Tau province as a must visit tourist destination in Vietnam. From the beautiful accommodations to the unmatched scenery, Charm Resort Ho Tram is an icon in every sense of the word.\n\n\nBest Luxury Residence and Hotel Iconic Design \n\n\nDiamond Crown Hai Phong\n\n\nThe ambitious design of Diamond Crown Hai Phong is unlike anything found in Vietnam. Containing residential and hotel towers, the development\u2019s exterior features a lattice made from a beautiful polished ceramic material that creates a luxurious appearance that is easily recognizable. Each building also displays a crown expression that was inspired by the lotus flower. These design elements have been incorporated into a modern project that will be an icon for decades to come.\n\n\nBest Resort Architecture Design \n\n\nMeysenses Lucia Bay Bai Lu\n\n\nFor Meysenses Lucia Bay Bai Lu, it was vital that the project\u2019s architecture design reflect the beauty of its local surroundings. Situated along what many believe to be the most beautiful beach in the North Central region and with lush greenery around, Dark Horse Architecture and HBA Architecture worked diligently to create a design that is modern while maintaining colorful Vietnamese cultural traditions.\n\n\nBest Financial Hub Iconic Design \n\n\nKSFinance Hanoi\n\n\nKSFinance Hanoi is both the largest financial hub in Vietnam and one of the 100 largest in the world. Its design is iconic due to both the pleasing appearance and innovative elements, including a smart building operation and management system. In addition to an international trade center, KSFinance Hanoi contains a 6-star hotel, cutting-edge office space and a modern convention center.\n\n\nBest Innovative Contractor \n\n\nHung Thinh Incons\n\n\nHung Thinh Incons continues to find new ways to elevate the quality of construction in Vietnam. The firm is behind some of the country\u2019s most notable projects, such as Richmond Quy Nhon, New Galaxy Nha Trang and Q7 Saigon Riverside Complex. It utilizes leading techniques and the latest building advancements to ensure developments are of the highest standard.\n\n\nBest Sustainable Contractor \n\n\nHandong E&C\n\n\nSustainability is at the core of Handong E&C\u2019s work. The firm remains committed to building solutions based on superior technology and knowledge that incorporates sustainable principles. Its corporate social responsibility efforts and safety management are among the ways sustainability goals are reached. Ultimately, Handong E&C strives to be a positive presence in the communities it is a part of.\n\n\nBest Innovation and Technology Vietnam \n\n\nTopenland Vietnam\n\n\nAs a pioneering real estate technology platform, Topenland Vietnam is leveraging innovation to improve the country\u2019s property sector as a whole. The organization\u2019s goal is to help everyone participate and succeed when it comes to buying, selling or investing in real estate. Its platform is designed to streamline and simplify these processes using cutting-edge technology.\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/dot-property-vietnam-awards-2022-celebrate-countrys-best-developers", "title": "Dot Property Vietnam Awards 2022 celebrate the country\u2019s best developers", "body": "\n\nMBLand poses with the award for Best Developer Northern Vietnam 2022 \n\n\nDevelopers in Vietnam have operated with vision and passion during the difficult circumstances of the pandemic. Over the past 12 months, they played a vital role in leading real estate market recovery efforts and ensuring the industry could progress to greater heights.\n\n\nThe Dot Property Vietnam Awards 2022 recognized the best developers with more than 10 firms presented with honors this year. Here\u2019s a look at the winners.\n\n\nBest Developer Northern Vietnam 2022\n\n\nMBLand\n\n\nNorthern Vietnam continues to be an important area of growth for the real estate industry. For over 15 years, MBLand has been at the forefront of these efforts. It has launched projects across multiple segments, including commercial and residential developments.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nA key factor for MBLand\u2019s success has been a methodical approach. Its reputation has been built on the creation of high-quality projects which have been carefully designed, formed, managed and operated. MBLand also took home the award for Best Riverside Township Landscape Design Vietnam 2022 for Vinh Park River.\n\n\nBest Luxury Developer Southern Vietnam 2022\n\n\nHung Vuong Developer\n\n\nHung Vuong Developer is an expert in both residential and resort real estate with its projects in Southern Vietnam showing a deep understanding of the local market. The homebuilder has focused on both HomeResort and Hometel-style developments which appeal to those wanting to live, settle, invest or engage in all three.\n\n\nThis approach from Hung Vuong Developer can be found at one of its most recent projects\u2013Venezia Beach. Situated in a highly desirable tourist area, this outstanding resort saw the developer work with international partners to deliver a high-quality development. Venezia Beach won Best Luxury Residences & Resort Complex 2022.\n\n\nBest Residential Developer Vietnam 2022\n\n\nTNR Holdings Vietnam\n\n\nTNR Holdings Vietnam is a regular at the Dot Property Vietnam Awards having won Best Residential Developer at the Dot Property Vietnam Awards 2020 and Best Mixed-Use Developer last year in addition to several project honors. It added Best Residential Developer Vietnam 2022 to this burgeoning collection.\n\n\nThe success of TNR Holdings Vietnam stems from its mission of improving the quality of life for Vietnamese people with valuable products. The developer focuses and invests in design and utilities that bring maximum comfort and relaxation to customers. Best of all, these exceptional living spaces are available for an affordable price.\n\n\nBest Innovative Landscape Design & Construction Firm 2022\n\n\nNova Evergreen\n\n\nFor Nova Evergreen, innovation when it comes to landscape design and construction allows it to bring a high quality of life to those who use its spaces. For example, the developer is a leader in the creation of green living zones at residential projects. Additionally, it encourages employees to leverage environmentally friendly materials at its office developments.\n\n\nNova Evergreen also takes part in several greening programs, including one in Binh Thuan that saw the firm plant more than 1,000 new trees across the province. The developer remains focused on advanced technologies that can improve its landscape design and construction efforts.\n\n\nBest Innovative Contractor Vietnam 2022\n\n\nHung Thinh Incons\n\n\nHung Thinh Incons won Best Innovative Contractor at the Dot Property Vietnam Awards for a second consecutive year. This continued success is a validation of its efforts as the firm finds exciting ways to elevate the quality of construction in Vietnam.\n\n\nThe builder is behind some of the country\u2019s most notable projects, such as Richmond Quy Nhon, New Galaxy Nha Trang and Q7 Saigon Riverside Complex. It utilizes leading techniques and the latest building advancements to ensure developments are of the highest standard.\n\n\nVietnam\u2019s Best Customer Experience Businesses 2022\n\n\nSunshine Group\n\n\nSunshine Group has always focused on creating quality products as it seeks to establish the best possible experience for customers. This goal has seen the company lean into advanced, 4.0 technology solutions that ensure it can provide an unmatched level of service in Vietnam.\n\n\nSunshine Group has recently developed a support ecosystem for its residents that brings together several innovations, such as a smart shopping supermarket system, to enhance daily life. The end result is Vietnam\u2019s best customer experience.\n\n\nBest Emerging Developer Vietnam 2022\n\n\nCloud Gate JSC\n\n\nCloud Gate is a relatively new developer having been founded in 2019. However, its hard work over a short period of time saw it recognized at the Dot Property Vietnam Awards 2022. The firm has already launched several notable projects with each one meeting international standards.\n\n\nLed by a team of enthusiastic young leaders who always put creativity and prestige first, Cloud Gate aims to usher in a new era of Vietnamese real estate through the creation of sustainable value. It has earned praise for upholding social responsibility for the environment and the developer follows strict principles in protecting the local ecosystem, respecting the landscape and local culture at investment destinations.\n\n\nBest Innovative Developer Vietnam 2022\n\n\nGotec Land\n\n\nInnovations can come in many different shapes and sizes. Gotec Land has proven to be an innovative developer through its pioneering \u201cTherapeutic Real Estate\u201d model that aims to provide health care services and improving the quality of life for residents living at the company\u2019s projects.\n\n\nThis innovation has been a gamechanger in Vietnam and shows Gotec Land\u2019s willingness to embrace cutting-edge concepts at its developments. Additionally, the homebuilder constantly looks for other ways to innovate with this mindset empowering it to bring excellent projects to the market.\n\n\nBest Green Developer Vietnam 2022\n\n\nPhuc Khang Construction and Investment Corporation\n\n\nFounded in 2009, Phuc Khang Construction and Investment Corporation has focused on green development from the start. Many of its outstanding developments dedicate more than 60 percent of the total area to greenery and environmentally friendly common spaces.\n\n\nDiamond Lotus Riverside is one of Phuc Khang Construction and Investment Corporation\u2019s signature green projects. Residents here can enjoy fresh air while a vast park provides everyone with a connection to nature.\n\n\nBest Luxury Boutique Developer Vietnam 2022\n\n\nGFS Group\n\n\nAfter winning Best Innovative Developer at the Dot Property Vietnam Awards 2021, GFS Group built on that success by taking home Best Luxury Boutique Developer Vietnam 2022. The homebuilder\u2019s bespoke approach can be found in its unique designs and harmonious architectural style that stands out when compared to competitors.\n\n\nGFS Group acts through cooperation, creativity and knowledge sharing to develop luxurious projects that retain a boutique charm. This work is visible throughout Five Star West Lake, an upscale residential development in Hanoi.\n\n\nBest Lifestyle Developer Vietnam 2022\n\n\nBCG Land\n\n\nBCG Land is a regular at the Dot Property Vietnam Awards. King Crown Infinity, Casa Marina Premium and Malibu Hoi An are some of the firm\u2019s projects to have previously been honored. This year saw the developer named Best Lifestyle Developer Vietnam 2022.\n\n\nThe firm focuses on high-end residential and resort real estate projects that can meet the requirements of discerning individuals. To satisfy this group\u2019s unique lifestyle needs, BCG Land creates architectural designs with their own identity and characteristics along with unsurpassed amenities catering to tastemakers.\n\n\nBest Contractor Vietnam 2022\n\n\nHoa Binh Construction Group\n\n\nHoa Binh Construction is undoubtedly the most trusted name in the industry. With all of its projects meeting a set criterion of \u201cDurable\u2014Beautiful\u2014Speed\u201d, the company strives to provide clients with peace of mind while also contributing to the sustainable growth of a civilized society by applying products and services that are resource efficient and environmentally friendly.\n\n\nThe firm, which previously won Best Construction Company Vietnam at the Dot Property Vietnam Awards 2017, boasts a track record of completing high-quality, iconic projects in Vietnam using the best materials and most advance building techniques. This work has set it apart from other contractors in the country.\n\n\nBest Sustainable Developer Vietnam 2022\n\n\nNovaland Group\n\n\nNovaland doesn\u2019t see sustainable development as a trend. Instead, it views this as the future and plans to develop sustainably as part of a long-term plan over the next 30 years. The benefits extend to the environment as well as society through the creation of new jobs and a better living environment.\n\n\nSustainable development from Novaland can be seen at Aqua City, NovaWorld Phan Thiet and NovaWorld Ho Tram. These projects feature a large scale, diverse and complete utility system that contributes significantly to promoting green living environments.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-vietnam-awards-2022-design-innovation-sustainability-winners-stand", "title": "Dot Property Vietnam Awards 2022 design, innovation and sustainability winners stand out", "body": "\n\nBest Luxury Condo Lifestyle Design Vietnam 2022 is presented to Stella Residence from KITA Group\n\n\nDesign, innovation and sustainability are playing an important role in Vietnam. These are all areas that matter to residents and investors who understand their growing importance. Work in these fields was on display at the Dot Property Vietnam Awards 2022 with winners continuing to excel in exciting ways.\n\n\nDot Property Vietnam Awards 2022 design, innovation and sustainability winners\n\n\nBest Luxury Condo Lifestyle Design Vietnam 2022 \n\n\nStella Residence from KITA Group\n\n\nStella Residence is one of the most recent launches from KITA Group. The project is located in the center of District 5, adjacent to District 1 and directly connected to key intersections. Stella Residence has already drawn the attention of investors and residents thanks to its unmatched combination of location, convenience, product quality and high-end living space.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nA heavy emphasis has been placed on the everyday design of Stella Residence which was inspired by the world\u2019s most luxurious hotels. The end goal was to create an upscale experience catered exclusively to those seeking a 5-star lifestyle in Ho Chi Minh City.\n\n\nBest Riverside Township Landscape Design Vietnam 2022 \n\n\nVinh Park River from MBLAND\n\n\nFrom its creation of fresh green spaces to impressive incorporation of its two nearby rivers and a Feng Shui layout that brings prosperity and recognition, the design of Vinh Park River is second to none. Tree-filled areas throughout the development inspire healthy lifestyles that are increasingly important in the post pandemic world.\n\n\nA significant amount of thought went into the creation of ecological standards as well as exquisite designs to ensure the space was optimized for daily living. This focus has set Vinh Park River apart from other townships and made it a forward-thinking investment sure to increase in value over the years.\n\n\nBest Mixed-Use Architecture Design Vietnam 2022 \n\n\nMetro Star from Metro Star Investment Company Limited, A Member of CT Group\n\n\nInspired by Singapore\u2019s Gardens by the Bay, Metro Star simulates the seven wonders of nature throughout a delightful mixed-use development in Hanoi. One of Singapore\u2019s leading design names, Axis, was entrusted with the architecture design and their bold vision led them to create a unique three-pointed star configuration that optimizes space and visibility\n\n\nWith Axis at the helm, the design of Metro Star is not only carefully supervised according to Singaporean standards but also inspired by the beautiful and modern architecture from its wonderful spaces. The end result is a mixed-use development that is a work of art.\n\n\nRead More:\n\u00a0\nDot Property Vietnam Awards 2022 Honors 48 Winners As Resiliency, Recovery and Sustainability Take Center Stage\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-vietnam-awards-2022-honors-48-winners-resiliency-recovery-sustainability-take-center-stage", "title": "Dot Property Vietnam Awards 2022 Honors 48 Winners As Resiliency, Recovery and Sustainability Take Center Stage", "body": "\n\nWinners celebrate at the Dot Property Vietnam Awards 2022\n\n\n\n\n\n\nA record number of winners were honored at the Dot Property Vietnam Awards 2022\n\n\n\n\n\n\nHung Thinh Land Joint Stock Company won three awards, including Developer of the Year 2022\n\n\n\n\n\n\nKey themes this year included sustainable development and remaining resilient to support a real estate market recovery\n\n\n\n\n\n\nA record-setting 48 winners were honored at the Dot Property Vietnam Awards 2022 with Hung Thinh Land Joint Stock Company, Sunshine Gro\nup and Novaland Group among the most notable developers recognized. Celebrations took place at The Reverie Saigon on July 28 with the real estate industry\u2019s best and brightest coming together to champion the resiliency, recovery and sustainability efforts happening across the country\u2019s property market.\n\n\nThis is an important time for the Vietnam real estate market and the sixth annual Dot Property Vietnam Awards highlighted the hard work happening to address key issues such as sustainable development; a focus on health and wellbeing; and emerging from two challenging years in a position of business strength.\n\n\n\u201cVietnam\u2019s property market is rapidly changing, and the country\u2019s developers, projects and service companies are doing an outstanding job in keeping up with this evolution,\u201d Adam Sutcliffe, Dot Property Director, Events and International Markets, states. \u201cThis year\u2019s Dot Property Vietnam Awards winners are leading these efforts. Their willingness to embrace sustainability and innovation while remaining resilient in the face of adversity is playing a key role in real estate\u2019s recovery.\u201d\n\n\nHung Thinh Land Joint Stock Company has been at the forefront of this movement and its work over the past 12 months saw the firm presented with Developer of the Year Vietnam 2022, the Dot Property Vietnam Awards\u2019 top honor. Hung Thinh Land Joint Stock Company also took home Best Mixed-Use Developer Vietnam 2022 and the Special Recognition Award for CSR 2022.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNovaland Group continues to drive sustainability in Vietnam and winning Best Sustainable Developer Vietnam 2022 was further proof of that. Meanwhile, Cat Tuong Group collected Best Sustainable Industrial Development Vietnam 2022 for AURORA Textile Industrial Park and Best Sustainable Landed Development Vietnam 2022 for Cat Tuong Park House.\n\n\nSunshine Homes proved its credentials in the luxury segment once again after it was named Best Luxury Developer Vietnam 2022. Meanwhile, the firm\u2019s impressive Sunshine Sky City won Best Luxury Lifestyle Condo Development Vietnam 2022.\n\n\nDeveloper of The Year Vietnam 2022 \n\n\nHung Thinh Land Joint Stock Company won Developer of the Year\n\n\nHung Thinh Land Joint Stock Company\n\n\nVi\netnam People\u2019s Choice Award for Project of the Year 2022\n\n\nSunshine Sky City from Sunshine Homes\n\n\nVietnam Real Estate Persons of The Year 2022\n\n\nMr. Vu Cuong Quyet \u2013 General Director of Dat Xanh Mien Bac\n\n\nMr. Le Viet Hai \u2013 Chairman of Hoa Binh Construction Group\n\n\nDot Property Vietnam Awards 2022 developer winners\n\n\nNovaland Group was honored with the award for Best Sustainable Developer\n\n\nDevelopers in Vietnam have done a tremendous job of leading real estate market recovery efforts as the country continues to move past the pandemic. A total of 16 developer awards were handed out in 2022 with Hung Thinh Incons, BCG Land and TNR Holdings Vietnam among those to be recognized.\n\n\nBest Community Developer Vietnam 2022\n \u2013 Cat Tuong Group\n\n\nBest Developer Northern Vietnam 2022\n \u2013 MBLAND\n\n\nBest Luxury Developer Southern Vietnam 2022\n \u2013 Hung Vuong Developer\n\n\nBest Residential Developer Vietnam 2022\n \u2013 TNR Holdings Vietnam\n\n\nBest Mixed-Use Developer Vietnam 2022\n \u2013 Hung Thinh Land Joint Stock Company\n\n\nBest Innovative Landscape Design & Construction Firm 2022\n \u2013 Nova Evergreen\n\n\nBest Innovative Contractor Vietnam 2022\n \u2013 Hung Thinh Incons\n\n\nVietnam\u2019s Best Customer Experience Businesses 2022\n \u2013 Sunshine Group\n\n\nBest Emerging Developer Vietnam 2022\n \u2013 Cloud Gate JSC\n\n\nBest Innovative Developer Vietnam 2022\n \u2013 Gotec Land\n\n\nBest Green Developer Vietnam 2022\n \u2013 Phuc Khang Construction and Investment Corporation\n\n\nBest Luxury Boutique Developer Vietnam 2022\n \u2013 GFS Group\n\n\nBest Lifestyle Developer Vietnam 2022\n \u2013 BCG Land\n\n\nBest Contractor Vietnam 2022\n \u2013 Hoa Binh Construction Group\n\n\nBest Luxury Developer Vietnam 2022\n \u2013 Sunshine Homes\n\n\nBest Sustainable Developer Vietnam 2022\n \u2013 Novaland Group\n\n\nDot Property Vietnam Awards 2022 project winners\n\n\nBest Transit Oriented Development Vietnam 2022 is presented to Phu My Hung The Horizon\n\n\nProject winners at the Dot Property Vietnam Awards 2022 showcase both the quality and diversity now found across Vietnam. Everything from upscale condominiums to luxurious resorts were honored this year.\n\n\nBest Luxury Lifestyle Condo Development Vietnam 2022\n \u2013 Sunshine Sky City from Sunshine Homes\n\n\nBest Transit Oriented Development Vietnam 2022\n \u2013 Phu My Hung The Horizon from Phu My Hung Development Corporation\n\n\nBest Luxury Residences & Resort Complex Vietnam 2022\n \u2013 Venezia Beach from Hung Vuong Developer\n\n\nBest Mid-Market Condo Development Vietnam 2022\n \u2013 Phu Dong Sky Garden Condo from Phu Dong Group\n\n\nBest Lifestyle Township Development Southern Vietnam 2022\n \u2013 TNR Grand Long Khanh from TNR Holdings Vietnam\n\n\nDot Property Vietnam Awards 2022 design, innovation and sustainability winners\n\n\nDesign, innovation and sustainability have a huge impact on daily life. Winners in these categories have shown a commitment to go above and beyond in creating projects that address issues or challenges facing their respective fields.\n\n\nBest Luxury Condo Lifestyle Design Vietnam 2022\n \u2013 Stella Residence from KITA Group\n\n\nBest Riverside Township Landscape Design Vietnam 2022\n \u2013 Vinh Park River from MBLAND\n\n\nBest Sustainable Industrial Development Vietnam 2022\n \u2013 AURORA Textile Industrial Park from Cat Tuong Group\n\n\nBest Mixed-Use Architecture Design Vietnam 2022\n \u2013 Metro Star from Metro Star Investment Company Limited, A Member of CT Group\n\n\nBest Sustainable Landed Development Vietnam 2022\n \u2013 Cat Tuong Park House from Cat Tuong Group\n\n\nDot Property Vietnam Awards 2022 Special Recognition Awards\n\n\nThe Dot Property Vietnam Awards 2022 Special Recognition Awards focused on CSR, innovation and technology while also placing the spotlight on one of the country\u2019s most vibrant avenues.\n\n\nSpecial Recognition Awards for CSR 2022 \u00a0 \u00a0 \u00a0 \n\n\nNovaland Group\n\n\nHung Thinh Group Corporation\n\n\nPhuc Khang Construction and Investment Corporation\n\n\nSpecial Recognition Awards for Innovation 2022\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \n\n\nUNICLOUD Group\n\n\nSpecial Recognition Awards for The Most Vibrant Commercial Avenue in Vietnam 2022\n\n\nNguyen Luong Bang Avenue\n\n\nSpecial Recognition Awards for Real Estate, Finance & Technology Solution 2022\u00a0 \n\n\nUMEE App\n\n\nDot Property Vietnam Awards 2022 real estate agency, service firm and property management business winners\n\n\nThe services sector is playing an increasingly important role in Vietnam. Real estate agencies, service firms, property management businesses and more are creating a seamless experience for buyers, sellers, residents and everyone else connected to the process.\n\n\nVietnam\u2019s Best Real Estate Agencies 2022\n\n\nDat Xanh Mien Bac\n\n\nPropertyX Joint Stock Company\n\n\nDat Xanh Mien Nam Investment and Services Joint Stock Company\n\n\nSouthern Vietnam\u2019s Best Real Estate Agencies 2022\n\n\nDXMD Vietnam\n\n\nVietnam\u2019s Best Real Estate Consultancy Firm 2022\n\n\nWeLand Real Estate\n\n\nNewstarHomes Investment Group Joint Stock Company\n\n\nV-Land Vietnam Real Estate Trading And Investment Joint Stock Company\n\n\nVietnam\u2019s Best Property Communications Firm 2022\n\n\nODE Group\n\n\nVietnam\u2019s Best Property Media Consultancy Firms 2022\n\n\nHoacom Media Group JSC\n\n\nVietnam\u2019s Best Real Estate Service Firms 2022\n\n\nTNL Lease Property And Investment Joint Stock Company\n\n\nVietnam\u2019s Best Property Management Businesses 2022 \n\n\nSavista Holdings\n\n\nTN Property Investment And Real Estate Management Joint Stock Company\n\n\nMore than 200 individuals were in attendance at the Dot Property Vietnam Awards 2022 with business leaders, C-Level officials, award advisors, sustainability experts, sponsors, media partners, charity partners and a large number of press on hand at The Reverie Saigon.\n\n\nThe Dot Property Vietnam Awards 2022 wishes\n to thank this year\u2019s sponsors, Subaru and Deborah Joint Stock Company, as well as our media partners, WLIN, RealCom, InvestTV Channel and Toan Canh Bat Dong San.\n\n\nA special mention also goes to Habitat for Humanity Vietnam who served as the event\u2019s charity partner. Finally, the Dot Property Vietnam Awards 2022 would like to recognize John Gardner, Founder and Principal Partner of Optimum Hospitality; Eric Baumgartner, Managing Director of D\u00f4me Hospitality; and Lucas Sanault, Strategic Business Development & Marketing Manager of Bureau Veritas Vietnam, Gwen Lefebvre, Founded & Design Director of GwenDesign Vietnam for their contributions as awards consultants.\n\n\nNgoc Bui, Head of the Organizing Committee of the Dot Property Vietnam Awards 2022\n\n\n\u201cWe can stand up and move past this crisis together if we have strength from inside. In order for us to forge that strength, we need a long-term vision, derived from the market\u2019s own expectations during this crisis period. This vision must focus on economic impact while building confidence among all stakeholders,\u201d Ngoc Bui, Head of the Organizing Committee of the Dot Property Vietnam Awards 2022, proclaimed. \u201cSustainable development associated with respecting people as individuals will be the solution to that problem, especially facing an uncertain future where we face many health risks.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-vietnam-awards-2022-offers-special-recognition-industrys-best", "title": "Dot Property Vietnam Awards 2022 offers special recognition of the industry\u2019s best", "body": "\n\nNovaland Group accepts the Special Recognition Awards for CSR 2022\n\n\nThe Dot Property Vietnam Awards 2022 is a chance to honor those individuals, developers, companies, innovations and areas that contribute to the real estate industry in unique ways that may not always receive notice.\n\n\nThis year\u2019s Dot Property Vietnam Awards 2022 Special Recognition Awards focused on CSR, innovation and technology while also placing a spotlight on one of the country\u2019s most vibrant avenues. Each winner is not only an industry leader but a benchmark for the real estate sector as a whole.\n\n\nMeanwhile, a pair of legendary individuals were selected as Vietnam Real Estate Persons of The Year 2022. These two titans of property are highly respected figures whose actions and accomplishments are deserving of recognition.\n\n\nVietnam Real Estate Persons of The Year 2022\n\n\nMr. Vu Cuong Quyet \u2013 General Director of Dat Xanh Mien Bac\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMr. Le Viet Hai \u2013 Chairman of Hoa Binh Construction Group\n\n\nSpecial Recognition Awards for CSR 2022 \u00a0 \u00a0 \u00a0\n\n\nNovaland Group\n\n\nHung Thinh Group Corporation\n\n\n\n\nPhuc Khang Construction and Investment Corporation\n\n\n\n\nSpecial Recognition Awards for Innovation 2022\u00a0 \u00a0 \u00a0 \u00a0 \u00a0\n\n\nUNICLOUD Group\n\n\n\n\nSpecial Recognition Awards for The Most Vibrant Commercial Avenue in Vietnam 2022\n\n\nNguyen Luong Bang Avenue\n\n\n\n\nSpecial Recognition Awards for Real Estate, Finance & Technology Solution 2022\u00a0\n\n\nUMEE App\n\n\n\n\nRead More:\n\u00a0\nDot Property Vietnam Awards 2022 Honors 48 Winners As Resiliency, Recovery and Sustainability Take Center Stage\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-vietnam-special-recognition-awards-revealed", "title": "Dot Property Vietnam Special Recognition Awards revealed", "body": "\n\nAnabuki NL Housing Service Vietnam accepts the Special Recognition Award for Property Management Businesses Vietnam\n\n\nThis article on the Dot Property Vietnam Special Recognition Awards\u00a0appeared in the most recent issue of Dot Property Magazine. \nClick here to read it\n!\n\n\nTwo Special Recognition honors were handed out at the Dot Property Vietnam Awards 2021. This year, the program wanted to highlight Property Management and Smart Finance Solutions with both these areas being vital to the real estate market and, in particular, end users.\n\n\nSpecial Recognition Award for Property Management Businesses Vietnam \n\n\nAnabuki NL Housing Service Vietnam\n\n\nAnabuki NL Housing Service Vietnam began operations in 2012 with the goal of providing a Japanese standard property management and customer service under its motto of \u201cmanagement for happiness\u201d. The company currently oversees a number of large projects in Ho Chi Minh City in addition to entering the Hanoi market in 2020. Ultimately, Anabuki has succeeded through steady progress and relentless dedication to the community.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSpecial Recognition Award for Smart Finance Solution \n\n\nKSFinance\n\n\nKSFinance\n\n\nKSFinance is committed to shaping and promoting the future of the national financial industry in Vietnam by creating opportunities for international trade. The smart finance solution is assisting the country on its mission to master financial technology and develop prosperity for all.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-property-winning-weekend-brings-thai-real-estates-best-emquartier", "title": "Dot Property Winning Weekend brings Thai real estate\u2019s best to EmQuartier", "body": "\n\nFrom left to right: Adam Sutcliffe, Dot Property Director, Events and International Markets; Khun Padapassorn Padapiladdhanun; Thailand\u2019s leading Fashionista; Khun Buranit Yuktanantana, Chief Executive Officer Pirom at Vineyard; Khun Suthavadee Sirithanachai, Deputy Managing Director of The Emporium and The EmQuartier; Matthew Campbell, Dot Property Chief Executive Officer; Khun Kanyarat Akradejdechachai, Thai celebrity; James Claassen, Dot Property Commercial Director\n\n\nBangkok\u2019s premier lifestyle destination will host history in August. Dot Property, a LIFULL CONNECT company, revealed EmQuartier as the venue for the 1\nst\u00a0\nannual Winning Weekend. The four-day showcase features the Dot Property Thailand Awards 2019 winners\u2019 presentation, an exclusive winners\u2019 party and the return of Thailand\u2019s number one property show.\n\n\nAs Thailand\u2019s leading shopping and lifestyle destination, EmQuartier is a fitting venue for the historic launch of Dot Property\u2019s Winning Weekend. Opened in 2015, EmQuartier is one of Bangkok\u2019s most visited shopping centres with guests from around the globe drawn to its unique design, luxurious shops and world-class dining.\n\n\n\u201cWe\u2019re delighted that EmQuartier has been selected to host the first annual Winning Weekend organised by Dot Property,\u201dKhun Suthavadee Sirithanachai, Deputy Managing Director of The Emporium and The EmQuartier, explains. \u201cThe real estate sector in Thailand continues to grow and EmQuartier is the perfect venue to celebrate its importance.\u201d\n\n\nThe first annual Winning Weekend kicks-off on August 15 with the opening of the Dot Property Winning Weekend Show on the Mezzanine level of the Quartier Gallery. Dot Property shows have been celebrated in local media for taking an exciting approach to real estate events.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDuring the Dot Property Winning Weekend show, the Dot Property Thailand Awards 2019 winners\u2019 presentation will take place on a special event stage. This year\u2019s ceremony is one of the first real estate awards in Thailand presented in public view.\n\n\nA private, Winners Party will celebrate the accomplishments of the Thailand real estate market during the past 12 months during the evening of August 15 at Escape Bangkok on the 5\nth\u00a0\nFloor of EmQuartier. This invitation-only celebration will bring property\u2019s best and brightest together in one place.\n\n\nWinning Weekend runs until August 18 with the Dot Property Winning Weekend Show featuring educational real estate seminars, lucky draws and a number of other activities taking place throughout the weekend.\n\n\n\u201cThe first annual Winning Weekend is an all-inclusive celebration of Thailand\u2019s real estate sector. Dot Property wants to bring a fresh, fun approach to this. Whether it\u2019s involving the public or creating a more relaxed environment, Dot Property Winning Weekend will become the gold standard for real estate events,\u201dAdam Sutcliffe, Director, Events and International Markets at Dot Property, says. \u201cAs Bangkok\u2019s premier lifestyle destination, EmQuartier offers the ambiance and prestige that makes it the ideal venue for Dot Property Winning Weekend festivities.\u201d\n\n\nDot Property Winning Weekend schedule (subject to change)\n\n\nDot Property Winning Weekend show \u2013 August 15-18, All-day\n\n\nDot Property Thailand Awards 2019 winners\u2019 presentation \u2013 August 15, 5pm\n\n\nDot Property Winners Party \u2013 August 15, 7:30pm\n\n"} {"url": "https://www.dotproperty.com.my/blog/dot-propertys-top-10-real-estate-stories-2017", "title": "Dot Property\u2019s top 10 real estate stories of 2017", "body": "\n\nPhoto/Cocobay - Cristiano Ronaldo scores goals and invests in Vietnamese real estate\n\n\nWhat a year it was for real estate in Southeast Asia. Before moving on to what promises to be an exciting 2018, let\u2019s take a look back at some of the stories that made waves across Dot Property\u2019s network of websites in 2017. From the Philippines to Singapore and everywhere in between, here are 10 of our favourite articles from the past 12 months.\n\n\nDot Property Vietnam Awards 2017 Winners Announced\n\n\nMore than 15 developers and companies picked up honours at The Dot Property Vietnam Awards 2017. Novaland was the big winner, nabbing Best Developer Vietnam along with two other awards.\n\n\nLeadingRE Tabs Marci Rossell As Chief Economist \n\n\nAs Leading Real Estate Companies of the World\u00ae (LeadingRE) looked to find new ways to support its members, it hired renowned financial journalist Marci Rossell as its first chief economist.\n\n\nSingaporean Investors Turn To Japanese Real Estate For Stability \n\n\nInvestors from Singapore began turning their attention to Japanese property, a market with no political volatility and a proven ability to bounce back after turbulent events. With freehold ownership and stability, this trend looks set to continue moving forward.\n\n\nDr. (HC) Ir. Ciputra Leads The Way When It Comes To SE Asia Real Estate \n\n\nThere is no denying that Dr. (HC) Ir. Ciputra is among the most important figures in Southeast Asian real estate. From his humble background, he has established several companies during his career and including Indonesia\u2019s Ciputra Development.\n\n\nTake Note Of Anchor Land, One Of SE Asia\u2019s Up And Coming Developers\n\n\nAnchor Land Holdings, Inc., has established itself as one of the best Filipino developers, but after winning two honours at The Dot Property Southeast Asia\u2019s Best of the Best Awards 2017, the developer can be considered among the region\u2019s elite.\n\n\nCristiano Ronaldo Invests In Vietnamese Real Estate\n\n\nWorld famous footballer Cristiano Ronaldo made news off the pitch this year. The Portuguese star who is best known for his successes at football club Real Madrid snapped up property in Vietnam in 2017. It was reported that the striker purchased a home at Cocobay Towers in Danang.\n\n\nThe International Property Show In Singapore A Hit With Buyers\n\n\nThe International Property Show was held ION Orchard in February and October with leading real estate developers from Southeast Asia taking the opportunity to showcase their projects to more than 1.1 million people during the event.\n\n\nTake A Peek Inside Phnom Penh\u2019s Most Luxurious Condominium\n\n\nAward-winning developer Urbanland and lead architect Hok Kang have introduced Embassy Central to Cambodia. The freehold, luxury condominium is located in the heart of Phnom Penh at Boeung Keng Kang 1, the most sought-after address within the city.\n\n\nThe Residences at The Westin Manila Sonata Place\n\n\nKeep An Eye On These Exciting Projects In The Philippines\n\n\nFrom starter homes to luxury condos, Filipino homebuyers are willing to look as long as it takes to find a property they feel is worth their hard-earned money. In turn, developers are now bringing new and exciting developments to the market with each one offering something unique.\n\n\nNow Could Be The Best Time To Invest In Malaysian Real Estate\n\n\nFor those wanting to invest in Malaysia, the time could be now. There are many developers who want to shift their stock so are likely to offer incentives to purchasers. These could be in the form of discounts or even rebates.\n\n\nBonus:\n \nThailand Property\u2019s Top 6 Articles From 2017\n\n\nNext year is expected to be just as big for the real estate markets of Southeast Asia. Sign up for our \nSmart Investor membership club\n and stay up-to-date on the latest information from the region\u2019s property markets. You\u2019ll also receive a number of other benefits to help you make a sound real estate investment.\n\n\nClick Here to sign up for Smart Investor today!\n\n"} {"url": "https://www.dotproperty.com.my/blog/dotproperty-named-official-portal", "title": "Dot Property named official portal", "body": "\n\n\n\nDot Property Group\n has been revealed as the official property portal for Myanmar\u2019s first Housing and Real Estate Show during March 2016.\n\n\nThe event will take place at Tatmadaw Hall in Yangon between March 19 and March 21, and is expected to feature hundreds of booths from the country\u2019s leading property developers and real estate agents, as well as interior design firms and lifestyle companies.\n\n\nAlva Horgan, Managing Director of Emerging and Frontier Markets for \nDot Property Group\n, said: \u201cOur Myanmar website \u2013 \nwww.dotproperty.com.mm\n \u2013 is extremely pleased to have been selected as the official property portal\u00a0for this exciting and high-profile event.\n\n\n\u201cWe look forward to providing support for this inaugural show, and to meeting our property and real estate friends in Myanmar at the event in Yangon.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFor more information about the \nMyanmar Housing and Real Estate Show\n click here.\n\n\n\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/download-copy-dot-property-group-bangkok-housing-market-report", "title": "Download your copy of the Dot Property Group Bangkok Housing Market Report", "body": "\n\n\n\nClick here\n\u00a0to download your copy of the Dot Property Group Bangkok Housing Market Report!\n\n\nThe Bangkok housing market continued its strong performance during the first three quarters of 2022. Interest is strongest in the Thai capital\u2019s suburban areas but has also spread to both Nonthaburi and Samut Prakan, two neighboring provinces. This year saw many homebuilders focus launches in this sector with some even tying up joint venture partnerships with overseas firms.\n\n\nThe Dot Property Group Bangkok Housing Market Report provides an overview of the current situation using data collected from our network of leading websites. We gathered information as it related to both the rental and sales market to get a better understanding of demand for property throughout the region.\n\n\nWhen we say demand, we are referring to inquiries made by a person through one of our sites. In our view, this captures a tangible act of interest which can be used to represent a form of demand.\n\n\nThis report explores what buyers are searching for on the Bangkok market, including the most popular price points and sizes. These insights provide a glimpse into both where the situation has been and where it could be heading in 2023.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nClick here to download your copy of the report\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/download-dot-property-group-phuket-real-estate-market-update-today", "title": "Download the Dot Property Group Phuket Real Estate Market Update Today", "body": "\n\n\n\nClick here\n\u00a0to download your copy of the Dot Property Group Phuket Real Estate Market Update!\n\n\nReal estate demand in Phuket surged during both July and August as the island gears up for what will hopefully be the strongest high season since 2019. With no entry restrictions in place, there is optimism arrival numbers will be closer to what was seen pre-pandemic. This would have a massive knock-on effect on the property market which has historically been reliant on tourism.\n\n\nThe Dot Property Group Phuket Property Market Update provides an overview of the current situation using data collected from our network of leading websites. We gathered information as it related to both the rental and sales market to get a better understanding of demand for property throughout the region.\n\n\nWhen we say demand, we are referring to inquiries made by a person through one of our sites. In our view, this captures a tangible act of interest which can be used to represent a form of demand.\n\n\nThis report explores what buyers are searching for on the Phuket property market including the most popular condo and villa types by price and size. These insights provide a glimpse into both where the situation has been and where it could be heading in the months to come.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDownload your copy of the report today\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/drapport-sets-new-tone", "title": "D\u2019Rapport sets a new tone", "body": "\n\n\n\n\n\n\n\nThe changing face of residential developments as influenced by D\u2019Rapport.\u00a0\n\n\nResidential projects are increasingly becoming more than just somewhere to live. They are being planned meticulously to meet residents\u2019 everyday needs and comforts, plus are including that little bit extra. Developers are continually seeking to build something that exceeds market expectations and have a strong sense of longevity.\n\n\nThis is exactly what has been achieved at \nD\u2019Rapport\n, also known as\u00a0D\u2019Rapport @ Ampang. A luxurious resort style condominium situated in the enviable Ampang Hills in the up-market pocket off Jalan Ampang, this project borders Kuala Lumpur\u2019s golden triangle being in close vicinity to the city\u2019s shopping malls, hospitals, embassies, international schools as well as being close to an LRT station, the Petronas Towers and being just an hours drive from the airport.\n\n\nAside from this particularly convenient location, this project has a real emphasis on space both inside and out. The units are generous ranging from 1,100 to 4,400 square foot.\u00a0The five blocks have been built to create a \u2018centre of luxury living\u2019, but beyond this there is a vast range of recreational space that includes fitness centres, jogging tracks, squash courts, Olympic-sized swimming pools, library, BBQ area, prayer room, club house, playground and shopping amenities. The ethos is a create a lifestyle filled with comfort away from the fast paced digital life that we lead today.\n\n\nThat little bit extra that D\u2019Rapport provides is respite. The vast outdoor space allows residents to reconnect with nature as the whole development sits on a more than ample plot of over 60 acres that includes a picturesque lake. D\u2019Rapport is\u00a0paving the way for future residential projects. It is a prime example about how it is no longer about building somewhere to call just your home, it is about building something that gives you lifestyle choices for ease of living.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u00a0\n\n\nDecember 14, 2016\n "} {"url": "https://www.dotproperty.com.my/blog/dreamy-destination-bang-tao-beach", "title": "A dreamy destination \u2013 Bang Tao Beach", "body": "\n\nYou\u2019ve probably seen pictures of Bang Tao Beach even if you didn\u2019t know its name until now. Located along Phuket\u2019s western-edge, the picturesque Bang Tao Beach is a five-kilometre stretch of unspoilt white sands and turquoise waters. Also known as Laguna Beach, the area is popular for its low-key lifestyle and central location.\n\n\nYou could spend all day at the beach, but there is a lot more to do in around Bang Tao. Here are just a few worth checking out on your next visit to Phuket.\n\n\n1) Dream Beach Club\n\n\nThe party never stops at Dream Beach Club where world-class performers, artists and international DJs turn up throughout the year. You will also find a selection of sunbeds, beach chairs and a number of swimming pools alongside bars and a restaurant. While Bang Tao Beach is home to a number of venues, Dream Beach Club remains the gold standard.\n\n\n2) Laguna Phuket Golf Club\n\n\nLaguna Phuket Golf Club\n\n\nJust about every golfer who has visited Phuket has played Laguna Phuket Golf Club at least once. It\u2019s regularly voted as one of Thailand\u2019s best courses thanks to a challenging layout and pristine surroundings. The club has a full range of facilities including a driving range, putting green, clubhouse and more.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n3) Boat Avenue\n\n\nIf you ever plan on meeting someone in the Bang Tao Beach area, chances are you\u2019ll select Boat Avenue as the rendezvous point. The centrally located shopping complex is easy to reach and is home a number of trendy restaurants, cafes and retail outlets. Boat Avenue also has a Villa Supermarket which specialises in international food stuffs.\n\n\n4) Palm Seaside\n\n\nPalm Seaside\n\n\nPalm Seaside has become the place to go for romantic dinners. The restaurant is part of the Twinpalms Phuket Resort along Bang Tao Beach and is best known for serving freshly caught seafood. You can choose to either sit in front of the sea and watch the sunset or relax at a table by the eatery\u2019s central reflecting pond. Both options are great.\n\n\n5) Canal Village\n\n\nCanal Village has been a destination for as long as tourists have been coming to Bang Tao Beach. It\u2019s part of the Laguna Phuket resort complex and was one of the first shopping centres to open in this part of the island. It hosts a wide range of shops and dining options for you to choose from.\n\n\n6) Anthem Wake Park\n\n\nIf you\u2019re looking for a little action and excitement, Anthem Wake Park is the place to go. Situated on a freshwater lake, it offers cable wakeboarding where you are pulled via a mechanism from the shore as opposed to a boat. This is done to reduce emissions and the impact on the environment. There are a few different courses so everyone from beginners to seasoned pros will be happy.\n\n\n7) Siam Supper Club\n\n\nSiam Supper Club\n\n\nIf you want a restaurant that is totally different from everything else around, Siam Supper Club is that place. Thanks to its unique, jazz-inspired decor and throwback bar, there aren\u2019t many places like it in all of Phuket. Perhaps this is why it is so busy. Siam Supper Club boasts a comprehensive selection of drinks to go alongside a menu inspired by Western favourites.\n\n\n8) Bluesiam Beach Club\n\n\nWe open and close with a beach club, but these two are quite different. Bluesiam Beach Club is a relaxing spot where you can chill and listen to the waves all day. The decor and menu are a little more Thai-inspired than other places giving you an authentic feeling. Bluesiam Beach Club is arguably the spot for a chill day on Bang Tao Beach.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dusit-residences-writes-next-chapter-residential-luxury-bangkok", "title": "Dusit Residences writes the next chapter of residential luxury in Bangkok", "body": "\n\nJames Claassen, Dot Property Group General Manager; Khun La-ead Kovanvisaruch (center), Chief Executive Officer at Vimarn Suriya; and Adam Sutcliffe (right), Dot Property Group Director, Events and International Markets\n\n\nDusit Thani Bangkok is a name synonymous with luxury in the Thai capital. When plans were initially announced for the hotel\u2019s redevelopment, the news was met with both excitement and sadness. It is a property many people have an emotional attachment to. The hotel hosted numerous weddings and events while also welcoming countless guests from around the world.\n\n\nThat being said, a lot has changed since the property opened in 1970. Redevelopment of the site was seen as the best way to ensure it could be enjoyed by those who have fond memories of Dusit Thani Bangkok and become a destination for future generations.\n\n\nUnderstanding Dusit Thani Bangkok\u2019s place within the history of the city and the reverence it has among the public, developer Vimarn Suriya, a joint venture partnership between Dusit Thani and Central Pattana, carried out a significant amount of research covering how it could keep what people loved about the original hotel while writing the next chapter of luxury in Bangkok.\n\n\nDusit Central Park was the result. The majestic mixed-use development features hotel, office and residential towers as well as retail space and expansive green areas that will serve as a connection to Lumpini Park. Most importantly, no expense has been spared to protect the site\u2019s legacy.\u00a0\u00a0\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cThe Dusit Thani legacy has two different components. First there is the hardware which covers things like the design of the buildings and the architecture. It was important for us to retain elements of the original Dusit Thani Bangkok design. Not just the exterior, but the interiors as well,\u201d Khun La-ead Kovanvisaruch, Chief Executive Officer at Vimarn Suriya, told Dot Property Group in a recent interview. \u201cLegacy is very important. We partnered with Silpakorn University to help us understand what should remain and how it could be utilized to maintain the site\u2019s physical legacy, both inside and out.\u201d\n\n\nRelated:\n\u00a0\nDusit Central Park will take green experiences to the next level\n\n\nDusit Residences bring together the past, present and future\n\n\nDusit Residences was named Best Ultra Luxury Residences Bangkok at the Dot Property Thailand Awards 2022\n\n\nDusit Residences, the residential element of Dusit Central Park, is a bridge that brings together the location\u2019s past, present and future into a living experience unrivaled in Bangkok. That \nexperience\n starts with service. The ultra-luxury condominium will go above and beyond for residents as if they were guests at the hotel. For example, regular housekeeping comes standard as opposed to being offered at an additional expense.\n\n\n\u201cDusit has built a name when it comes to Thai hospitality. People know we offer service that is second to none,\u201d Khun La-ead stated. \u201cThe Dusit branding ensures people who live here know they will enjoy the 5-star level of service they have come to expect from us. No other branded residences in Bangkok can replicate that.\u201d\n\n\nThe reason why it can\u2019t be replicated goes back to the Dusit Thani legacy. While the first component of design and architecture is evident throughout, what makes the Dusit Thani experience iconic is something that cannot be seen.\n\n\n\u201cThe second aspect of the Dusit Thani Bangkok\u2019s legacy is mind and soul. It is the people and service. That is why we retained the staff through the construction process. People are the soul of Dusit Thani. It was important they were part of the future since they played such an important role in our past. Our mind and soul won\u2019t be lost,\u201d Khun La-ead explains.\n\n\nA lot has changed since Dusit Thani Bangkok first welcomed guests all those years ago. Residents today place significant value on health and wellbeing; sustainability; space and comfort. Those were all factored into the exquisite design of Dusit Residences.\u00a0\u00a0\n\n\n\u201cA lot of thought went into the design of Dusit Residences. An emphasis was placed on natural light and fresh, clean air. Another example is how space is used. We wanted to maximize every square meter. People don\u2019t want to buy a condo; they want to buy a home,\u201d Khun La-ead notes. \u201cOur goal here was to make sure every residence felt like a home.\u201d\n\n\nWithin the elegant tower are two distinct living concepts. Dusit Residences are multi-bedroom condominiums offering generous spaces, luxurious finishes and the utmost privacy. Meanwhile, Dusit Parkside \ncontains\n condominiums tailored to those who want to enjoy the cosmopolitan lifestyle of Bangkok. What\u2019s more, each concept has its own amenities in addition to a shared level of facilities on the eighth floor focused on wellness and access to the Roof Park.\n\n\nThe end result is a home woven into the city\u2019s fabric. An heirloom to be cherished and passed down from one generation to the next. Not only is Dusit Residences writing the next chapter of luxury in Bangkok, but you have a rare opportunity to be part of this story.\n\n\nDusit Residences was named Best Ultra Luxury Residences Bangkok at the Dot Property Thailand Awards 2022.\n \nRead more about the winners here\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/dwp-reimagines-luxury-living-experience-metro-manila", "title": "dwp reimagines the luxury living experience in Metro Manila", "body": "\n\nWhen it comes to the luxury living experience in Metro Manila, Anchor Land has long been leading the way. The developer\u2019s newest condominium, Copeton Baysuites, builds upon this success while forging a new legacy.\n\n\nUnderstanding the crucial role design has on real estate, Anchor Land selected respected global architecture and design company dwp for the interiors of Copeton Baysuites. They were provided a blank canvas to reimagine the luxury living experience in Metro Manila.\n\n\nTo accomplish this, dwp tapped into its deep insight into what modern residents require from an upscale condominium. The knowledge ensured the firm was able to truly encapsulate luxury in both design and experience for future residents, which starts with the theme of Copeton Baysuites.\n\n\n\u201cThe design inspiration for this project was the diamond \u2013 the ultimate symbol of luxury. Using the diamond as the project\u2019s overall design motif, we extended that theme across all the key finishes in the public area, including cross-cut metals and exotic stones with diagonal cuts,\u201d Scott Whitaker, dwp Founder and Group Creative Director, tells Dot Property, \u201cA subtle reference to exotic stones and materials provide an unmistakable yet subtle reference to enduring luxury. These features will definitely draw attention to the public\u2019s eye and be a point of difference.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCopeton Baysuites is set to be the residential gem of vibrant Bay Area once finished. However, dwp was mindful to balance the energy of these surroundings with a calming presence residents seek from their home.\n\n\n\u201cManila is a bustling city that\u2019s full of life, and although it can be attractive to live in the middle of that, we believe our residents want a quiet sanctuary to come home to,\u201d Whitaker explains. \u201cSo, the key residential space, minimized by using the central courtyards, is secluded from the surrounding city\u2019s hustle and bustle. When entering the Copeton Baysuites, the iconic entrance creates an immediate sense of arrival and tranquility.\u201d\n\n\nRelated:\n\u00a0\nHow the Bay City vibes set the bar for cosmopolitan living\n\n\nAccording to Whitaker, reimagining the luxury living experience in Metro Manila also required the architecture and design company to rethink who would be calling Copeton Baysuites home.\n\n\n\u201cThe difference with Copeton Baysuites is that it provides luxury facilities that cater to the entire family, not just the business executives. We imagine the buyers will be truly sophisticated internationals who understand the best in lifestyle,\u201d Whitaker details. \u201cWe wanted to create a unique lifestyle product that is different from the standard offerings in the market in Manila and something with genuine international appeal that caters to the lifestyle of the discerning home buyer in Manila or sophisticated overseas prospects.\u201d\n\n\nA diverse range of amenities is one example of how dwp expanded the appeal of Copeton Baysuites. Significant thought and effort went into incorporating upscale areas that would cater to everyone.\n\n\n\u201cThis project offers extensive private, secure facilities exclusive only to the residents, including lounges, family zones and fitness facilities,\u201d Whitaker says. \u201cFamilies can enjoy the shared facilities which cater to all ages both day and night. These include game rooms and spa and fitness areas. After a busy day at work, executives can enjoy the resident\u2019s cinema. Additionally, the facilities are excellent for family celebrations offering a private function room for parties or events.\u201d\n\n\nThrough uncompromising design, dwp has reimagined the luxury living experience in Metro Manila. From its location in the vibrant Bay Area to a breadth of amenities, Copeton Baysuites is the new symbol of residential excellence in \nthe Philippines\n.\n\n\nClick here find out more\n\n"} {"url": "https://www.dotproperty.com.my/blog/e50-need-invest-european-property", "title": "\u20ac50 is all you need to invest in European property", "body": "\n\nClick here to get started on your \u20ac50 property \ninvestment\n\u00a0or keep reading for more information.\n\n\nThe thing stopping most people from European property investment is money. Rightly or wrongly, there is this idea that investing in European property markets requires a lot of capital. However, one proptech company is changing that.\n\n\nBitOfProperty wants to make European property investment, and international property investment in general, mainstream. In order to do this, they needed a platform that allowed investors to start with small amounts, provided them with a transparent ownership structure and allowed them to carry out the due diligence process.\n\n\nThe firm worked hard to develop this technology that leverages both crowdfunding and blockchain to ensure property investment is now accessible to everyone. For as little as EUR50, you can now invest in property via the BitOfProperty platform.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nA legal structure for the company was created in Estonia where the platform can now acquire properties. Investors have the opportunity to fund an acquisition of a property by co-investing alongside with others. The EUR50 gives investors a fraction of the property and entitles them to rental returns just like any other investment. There is no limit to how many units of a property a person can buy.\n\n\nBest of all, the BitOfProperty platform eliminates other pain points that international property investment can bring.\n\n\n\u201cThe platform is built in a way that brings more transparency and safety to all investors regardless of if they are local or come from overseas,\u201d \nKarl V\u00e4\u00e4n, Co-Founder and CEO of BitOfProperty, explained in an interview with Dot Property\n. \u201cAll transactions are recorded on a public database (blockchain) making ownership movements are seamless and immutable. Additionally, investors can read their investment agreements on smart contracts.\u201d\n\n\nWhy Estonia?\n\n\nDas Haus is one of the Estonia developments available on BitOfProperty\n\n\nEstonia is not the first country many people would think about when it comes to European property investment, but the country does have more potential than other established markets.\n\n\n\u201cWhen compared to Europe, then rental returns in Estonia are relatively high and attractive for passive investors. On the BitOfProperty platform, investors can receive between 5.6 to 7 percent net rental return per annum. These returns are on the high side, but still remain in the range of local averages. Investors have also the potential to earn capital gain from any property price increases. After three years, the property is sold and the principal, along with any capital gains, are returned to the investors,\u201d V\u00e4\u00e4n says.\n\n\nCrowdinvesting is currently ongoing for two properties in Tallinn, the capital of Estonia. The minimum investment is EUR50 and there are no transaction fees involved. There is a 10 percent management fee taken out of the rental returns, but that\u2019s it.\n\n\nInvestment for everyone\n\n\nUltimately, the BitOfProperty platform gives everyone a chance to benefit from property investment. You no longer need to save up large amounts of money to be a property investor. You also don\u2019t need to worry that one market downturn will leave you in financial ruin. With BitOfProperty, both the financial requirements and risks of investment can be mitigated to a level you feel comfortable with.\n\n\n\u201cBitOfProperty is the best avenue for investors who do not want to take too much risk, especially those who want to learn about the markets and understand them before investing large sums. Investors can participate with little capital and learn about the market while investing. We believe that this is the best way to go about your first investments in an unknown territory,\u201d V\u00e4\u00e4n stated.\n\n\nMake your first property investment today! \nClick here to get started with BitOfProperty\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/employees-are-kept-happy-through-their-workplace", "title": "Employees are kept happy through their workplace", "body": "\n\n\n\nThe role of the office environment is not to be under estimated study reveals. \u00a0\n\n\nThe real estate market is continually adapting. More is expected from the finished product from the level of finish to the services made available. Increasing number of residential homes use modern technology to enhance the resident\u2019s life. At the workplace there is more importance than ever before on the environment to satisfy employees.\n\n\nJLL have identified the importance of this as illustrated through their recent report \u2018Workplace powered by Human Experience\u2019. The real estate firm looked at how the workplace experience enhances employees lives for the benefit of the success of the business. Employees actually need to feel good to achieve the best possible work-life balance.\n\n\nNeil Murray, EMEA CEO of corporate solutions at JLL, said, \u201cIn a world increasingly driven by data and digital innovation, the future of work is actually more about people than you might think. Organisations can no longer focus only on providing space to work; they need to create places that enable people to achieve their ambitions. Appealing to what people want can have transformational benefits to businesses.\u201dReport findings\n\n\nFindings from the report\n\n\nLooking at companies with in excess of 100 employees, JLL surveyed companies from 12 countries in Asia Pacific, Europe, Africa and the Americas. They drew the following points:\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u2018Happiness at work\u2019 is important for nearly 70 percent of those who participated in the study.\n\n\nHaving someone dedicated entirely to employee well-being was a good idea according to nearly 90 percent of respondents.\n\n\nDespite the numbers working in the start-up environment being low, this type of working has proved to be appealing due to the entrepreneurial culture they adopt.\n\n\nLess than 50 percent felt engaged at work. Trust and kindness were common factors in trying to achieve the feeling of engagement.\n\n\nJust over half of employees felt entirely satisfied with their current work environment.\n\n\n42 percent stated that they would prefer open-plan offices as opposed to the traditional set up of personal desks.\n\n\nEmployees strive for flexibility. Nearly half of employees want companies to give them a choice on how, when and where they work to in order to help concentration at work.\n\n\n\n\nIn an increasingly competitive business environment companies need to take note of these findings. Staff turnover can be costly. Therefore it is vital that firms keep their employees happy with job satisfaction that is more than just salary and progression. Likewise to keep recruiting talent, the workplace needs to entice employees and to aid in productivity.\n\n"} {"url": "https://www.dotproperty.com.my/blog/end-of-mayfair-cheap-homes", "title": "End of Mayfair cheap homes", "body": "\n\n\n\nHomes priced below \u00a31 million pounds are set to become totally extinct in Mayfair and the wider West End of London, with less than 5 percent of homes currently sold in Mayfair priced below seven-figures.\n\n\nNone are priced below \u00a3750,000 and the majority sold (49 percent) are now priced between \u00a32 million to \u00a310 million. These are just some of the findings of new 2016 research by Wetherell, with data analysis by Dataloft, the market intelligence group.\n\n\nThe new Wetherell survey looked at the price of all homes sold over 2015 and 2014, and also analysed sold values in earlier years dating back to 1985, the date of the first ever Mayfair resi-market report published by Wetherell Chief Executive Officer Peter Wetherell.\n\n\nThe data found that in 2015, the majority of homes in Mayfair sold at prices between \u00a32 million to \u00a310 million, with another 11 percent selling for prices above \u00a310 million. Forty-one percent of homes sold were priced below \u00a32 million but 95 percent of these were priced between \u00a31 million and \u00a32 million.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOnly a handful were priced below \u00a31 million, and of these 60 percent were priced over \u00a3950,000 with the couple priced between \u00a3750,000 and \u00a3950,000 being \u201cspecial cases\u201d \u2013 tiny (circa 300-350 sq ft) studio flats on short (40-year) leases.\n\n\nWetherell observed that the figures for 2014 were almost identical, and over the last 10 years the number of Mayfair homes sold for less than \u00a31 million has dwindled to extinction. Homes in Mayfair currently sell for an average price of \u00a34.8 million (\u00a32,400 per sq ft), up from \u00a34.5 million (\u00a32,280 per sq ft) in 2014. There are now virtually no houses (less than 3 percent) in Mayfair sold for less than \u00a32 million, with the vast majority (80 percent) sold now priced above \u00a310 million.\n\n\nGiven these dramatic trends Wetherell calculated that within the next 12-24 months, sub-\u00a31million apartments and sub-\u00a32 million houses will become extinct across Mayfair and the neighbouring ultra-prime parts of the West End of London.\n\n\nBy looking back just over 30 years to the data from the first ever Mayfair resi-report published by Peter Wetherell, the staggering transformation of Mayfair residential values becomes apparent.\n\n\nIn 1985, more than 90 percent of homes sold in Mayfair were priced below \u00a31 million and 80 percent of one- and two-bedroom apartments were priced below \u00a3300,000.\n\n\nIn 1985 the average price of a Mayfair one-bed flat was \u00a385,000 to \u00a3150,000 with a two-bed averaging \u00a3150,000 to \u00a3275,000. In Balfour Place a two-bedroom apartment in 1985 was priced at just \u00a3225,000, now valued at more than \u00a32million.\n\n\nIn Mayfair\u2019s luxury new homes market, newly built premium apartments in 1985 averaged \u00a3285,000 in price, they currently average \u00a34.25 million to \u00a34.5 million. There are now typically 8-12 new homes projects per year in Mayfair, selling at prices from \u00a32,500 to \u00a35,000+ per sq ft; during the 1980s there were just one or two new developments per year selling for \u00a3300 per sq ft.\n\n\nThe other big change in Mayfair over the last 30 years has been the types of homes being sold. Back in 1985 there was a balance between house and flat sales. However over the last few years, more than 80 percent of sales are apartments: 82 percent of sales in 2014 and 86 percent in 2015. This reflects the large increase in \u2019Knightsbridge-style\u2019 super-luxury apartment schemes being built and sold in Mayfair over the last few years, enabling Mayfair to retake the property crown from its rival neighbor Knightsbridge.\n\n\nPeter Wetherell, CEO of Wetherell, said: \u201cOver the next 12-24 months apartments priced below \u00a31million and houses below \u00a32 million will, like the Dodo, become extinct.\n\n\n\u201cThis reflects the continuing upward surge in resi-values in Mayfair, a reflection of both global demand and short supply, and also the large increase in super-luxury apartment schemes being built and sold in Mayfair over the last few years. Mayfair is the new Knightsbridge you could aptly say, the fashionable place for luxury property.\u201d\n\n\nHe continued: \u201cDespite the economic triple-whammy of low/falling oil prices, China\u2019s economic slowdown and Stamp Duty/tax adjustments Mayfair residential values and the appetite amongst high-net-worth buyers for Mayfair housing stock has continued to rise steadily. It\u2019s a cautious market at present, but for good quality homes, correctly priced, there are deals to be done.\n\n\n\u201cComparing 2014 and 2015 data, the volume of annual sales actually rose almost 10 percent and average prices rose by almost 7 percent.\u00a0 This, and the long-run 30-year data, clearly shows that Mayfair is the exceptional place to invest your money in luxury residential property in London.\u201d\n\n\n\u201cFor investors, both family/private and corporate, Mayfair real estate is an attractive and lucrative island of stability and long-term investment opportunity in an increasingly turbulent and unsettling world. Parts of the Middle East, Africa and Asia are troubled by terrorism, wars and religious and ethnic rivalry, given this backdrop Prime Central London and Mayfair in particular makes for a compelling and highly appealing place to investment via purchasing high quality residential or commercial property.\u201d\n\n\nThe firm forecasted that residential-values in Mayfair will remain reassuringly stable over 2016, with little change between this year, 2015 and 2014.\n\n\nWetherell added: \u201cWe may see a slight uplift, but its effectively \u201cmore of the same\u201d. Supply and sales volumes are less than in past years, but values are stable and rising gradually.\n\n\n\u201cMayfair is like a strong ocean liner sailing in a protected fjord, out in the wider (global) oceans things might be turbulent and stormy, but protected within our anchorage the Mayfair market is reassuringly calm and stable. As our 30-year data index shows this stable long-term rise makes for an outstanding return on investment. Back in 1985 virtually no homes were valued at over \u00a31 million, thirty years later and virtually no homes are valued below \u00a31million \u2013 it\u2019s a clear indication of the outstanding value that Mayfair property offers investors.\u201d\n\n\nwww.wetherell.co.uk\n\n\nPictured below are some of the few homes in Mayfair currently on the market through Wetherell for less than \u00a31million.\n\n\n\n\n\n\n\n\n\u00a0\n\n\n\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/energy-efficiency-to-become-a-priority", "title": "Energy efficiency to become a priority", "body": "\n\n\n\nNew buildings must adhere to energy efficiency regulations in Kota Kinabalu.\u00a0\n\n\nWorldwide there is increasing number of people and companies wanting to lead a more sustainable way of life. Attempting to lower energy usage in order to safeguard the world\u2019s resources for future generations, by reducing greenhouse gases. The Kota Kinabalu City Hall have made a plea with this in mind since the building industry accounts for 30 percent of all global greenhouse gas emission.\n\n\nBy August of this year, the\u00a0Kota Kinabalu City Hall\u00a0are implementing new compliance procedures for sustainability purposes. They are making it mandatory that any new building plans that are submitted must adhere to Roof Insulation codes and Overall Transfer Thermal Value (OTVV).\n\n\nRoof insulation helps the energy efficiency of a building. The roof captures the most amount of heat on the building throughout the day compared to anywhere else. Therefore fitting the right roof insulation simply reduces the heat that the building absorbs.\n\n\nOTVV improves a building\u2019s energy efficiency. Achieved by decreasing the amount of solar heat the building is subject to, it helps reduces energy consumption. This practice has been in existence in Singapore for in excess of 10 years now, showing that Malaysia still has some way to catch up.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe Malaysian Green Building Confederation (MGBC) have been called upon by Mayor Datuk Yeo Boon Hai of Kota Kinabalu City Hall\u00a0in order to devise plans for the building industry to adhere to. These new compliances would apply to both residential and commercial buildings.\n\n"} {"url": "https://www.dotproperty.com.my/blog/enhance-your-living", "title": "Enhance your living", "body": "\n\nIf you\u2019ve ever considered enhancing the quality of your life and wondered what it might entail, Le Pavillion already thought of all the details for you.\n\n\nA community created to provide residents with the best work-life balance imaginable, \nLe Pavillion \nfeatures serviced apartments, retail offices and shops all within a two block radius \u2013 providing endless possibilities right at your doorstep. \n\n\nLe Pavillion cultivates a dynamic atmosphere suited for individuals from all types of lifestyles to come together and live harmoniously aside one another in a perfectly balanced neighbourhood. Living at Le Pavillion provides residents with an easy escape from the big city to the township of Bandar Puten Puchong utilising the options of six different highways, three Light Rail Stations \u2013 45 kilometres total to the Kuala Lumpur International Airport on the train with many other major destinations in between.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe high life is offered at Le Pavillion, as residents will have access to a Sky Lounge Pavillion with views of the city skyline against the horizon. The chill Out Pavilion is filled with interactive entertainment such as table foosball and billiards. Enjoyment from high above isn\u2019t only for the adults, as there is a Kidz Lab Pavillion too featuring an area designated for intelligent play with props for acting in cafes, market places and even classrooms. And, for children who want to relax their bodies but work their minds, there is also a Reading Lab with a fully stocked library.\n\n\n\n\nOn the ground residents will find plenty of ways to both energise and relax. Everything from a Lagoon Pavillion with a Jacuzzi and meditation space, a playhouse for kids, multi-purpose court for all favourite sports and a Tea & BBQ Terrace, which is a place for neighbours to catch up whilst enjoying a cuppa and snacks. There are other \u2018Pavillions\u2019 designed for socialising, with breathtaking views and, \u00a0of course, a sparkling pool.\n\n\nAmongst all of the carefully designed \u2018Pavillions\u2019 the accommodations, whether for home living or retail purposes, offer four tiers to ensure peace and bliss around the clock. So, look no further when it comes to dreaming of the perfectly balanced life because Le Pavillion has it all.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/enjoy-elevated-lifestyle-central-bangkok", "title": "Enjoy an elevated lifestyle in central Bangkok", "body": "\n\nHYDE Sukhumvit 11 boasts an impressive array of sky amenities \n\n\nA very special opportunity to enjoy an elevated lifestyle in central Bangkok is currently available.\u00a0\nClick here to learn more\n\u00a0or keep reading to find out about what makes HYDE Sukhumvit 11 such a special residential development.\n\n\nThere is nothing quite like life in central Bangkok along Sukhumvit Road. It is only a matter of time before the energy, activity and buzz returns to the city. But you may not want to wait to secure a glamorous residence in the heart of the action.\n\n\nHYDE Sukhumvit 11 offers an elevated lifestyle in central Bangkok that can be enjoyed today. The luxurious, 39-story condominium is move-in ready with select units coming fully furnished with luxury pieces from ARKITEKTURA.\n\n\nResidences of varying sizes and styles are available to ensure you can find what best fits your needs. Studio units are ideal for those wanting a base in Bangkok. The 1-, 2- and 3-bedroom homes come in a wide range of options. And those searching for a more exclusive experience will find a selection of duplexes, sky suites and penthouses to choose from.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCreating an elevated lifestyle is what inspired the spectacular amenities at HYDE Sukhumvit 11. The world-class fitness center allows you to enjoy postcard-worthy views of the Bangkok skyline. Meanwhile, the infinity-edge swimming pool is the ultimate retreat above the Thai capital.\n\n\nEven smaller details have been looked after. For example, the golf simulator, library and ultra-luxe, private theatre place ample recreational activities at your fingertips. Meanwhile, the mundane act of finding a space to park your car is solved thanks to the automated parking system.\n\n\nHYDE Sukhumvit 11 exterior\n\n\nMeanwhile, the design of HYDE Sukhumvit 11 was crafted with the elevated lifestyle in mind. The award-winning design firm A49 were committed to ensuring the condominium was a symbol of beauty both inside and out. This is punctuated by the crystal fa\u00e7ade that peaks at the top to symbolize the summit of residential elegance.\n\n\nUltimately, it is a project that will draw your attention regardless of if you\u2019re marveling at it from one of the nearby rooftop spots or are walking through the stunning lobby. Simply put, HYDE Sukhumvit 11 is an icon.\n\n\nAnd now you can own a piece of this icon. Developer Grande Asset is offering exclusive packages for a limited time. So, what are you waiting for? Enjoy the elevated lifestyle at HYDE Sukhumvit 11 today. \nClick here to learn more\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/enjoy-life-luxurious-hua-hin-villa-development-near-sea", "title": "Enjoy life at a luxurious Hua Hin villa development near the sea", "body": "\n\nSivana HideAway is a stunning Hua Hin villa development with good investment returns\n\n\nThere aren\u2019t many Hua Hin villa developments near the sea. This makes Sivana HideAway unique. In addition to being an ideal residence where you can enjoy style and comfort, the project is only five-minutes away from the nearest beach while the Hua Hin city centre can be reached in minutes.\n\n\nSivana HideAway\n\u00a0has 42 total villas with each one set upon land plots ranging in size from 560 to 1,150 square metres. Each home is equipped with a pool villa adding a luxurious touch not found at other developments in the seaside retreat.\n\n\nThe \nthree-bedroom pool \nvillas\n\u00a0are tastefully decorated. Each one boasts a functional design and layout with attention paid to every last detail. From elevated ceilings to the large open island kitchen with premium brand built-in appliances pre-installed, these villas are simply stunning.\n\n\nHigh quality materials have been used throughout each residence. You can expect the best with top-of-the-line bathroom fittings and finishing, wall mounted air conditioners and LED lighting among the key features.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAdditionally, a range of luxurious, resort-style facilities can be found within the estate. These include a bar, restaurant, fitness centre, spa and a large lagoon pool. The development also boasts 24-hour security for added peace of mind. Meanwhile, everything needed for cleaning, garden care and maintenance is readily available upon request for those living in Sivana HideAway.\n\n\nAn award-winning Hua Hin villa development\n\n\nSivana HideAway was named Best Luxury Villa Development Hua Hin at the Dot Property Thailand Awards 2018\n. The magnificent villas coupled with superior service ensures the project stands out.\u00a0 The Hua Hin villa development provides a touch of class not found elsewhere in the resort town.\n\n\nFor investors, there is a chance for both lucrative returns as well as personal usage during the year. The developer is offering a six percent rental guarantee for five years for those who opt into the rental management programme. The agreement includes 30 days personal use annually as well.\n\n\nWith prices starting at THB 12.8 million, you won\u2019t want to miss your chance to own a residence at one of the few Hua Hin villa developments near the beach. \nClick here to request more details\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/entrepreneurs-looking-opportunity-thailand-consider-khon-kaen", "title": "Why entrepreneurs looking for opportunity in Thailand should consider Khon Kaen", "body": "\n\nA growing middle class and expanding economy has seen purchasing power rise in Khon Kaen\n\n\nFinding gaps in the market and locating new opportunities in Thailand can be difficult. Especially in the food and beverage and retail sectors. Competition in Bangkok, Phuket, Pattaya and Chiang Mai was fierce prior to the COVID-19 pandemic. And now with the tourism sector at a standstill, simply surviving is a challenge for most businesses.\n\n\nThat being said, the situation isn\u2019t all doom and gloom. Entrepreneurs willing to look at the bigger picture will find untapped markets brimming with potential. Perhaps none are as attractive as Khon Kaen and Udon Thani in Northeast Thailand. While these cities may not be the first place you consider when launching a business, they probably should be.\n\n\n\u201cThere are opportunities for entrepreneurs in Khon Kaen and Udon Thani that don\u2019t really exist elsewhere in Thailand. Businesses cannot only survive here but they can thrive because people want the cosmopolitan experience,\u201d Brian, the Sales and Marketing Manager at 8Villas, states. \u201cThey want the Bangkok-style coffee shops, restaurants and bars. They also have the money to spend. There is so much potential here and this is a region that can be truly special.\u201d\n\n\nRelated:\n\u00a0\nThailand real estate\u2019s next big thing: Learn how 8Villas is leading the way in Khon Kaen\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nA growing middle class and expanding economy has seen purchasing power rise in Khon Kaen. Not only is there a notable expat community, but more Thais are moving from Bangkok to Northeast Thailand. They can escape the pollution and overcrowding of the city and live a more peaceful, safer life.\n\n\nWhile there is wealth in Khon Kaen, options for spending money remain limited. The city does have some trendy eateries, boutique shops and other businesses, but there remains significant room for more. Entrepreneurs with an open and solid business plan should be able to find success that would be much harder to come by in Bangkok or elsewhere in the Kingdom.\n\n\nLooking ahead, Brian expects Khon Kaen to keep growing. The city has the culture and values people love about Thailand and will benefit from key infrastructure projects in the coming years. There are also a number of other positives that make the city appealing.\n\n\n\u201cWe have international school and international hospitals. The standard of living here is good and continuously getting better. However, it\u2019s still not an expensive place,\u201d Brian explains. \u201cThailand is now on people\u2019s list of places they want to getaway to once the pandemic ends. People see how well the country has handled COVID-19 and understand the safety we enjoy here.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/entries-now-accepted-dot-property-southeast-asia-awards-2022-a", "title": "Entries now being accepted for the Dot Property Southeast Asia Awards 2022", "body": "\n\n\n\nIt has been a banner year for the Dot Property Awards series with in-person celebrations returning in full. This year\u2019s festivities are nearing their completion after amazing events in Vietnam, Thailand and the Philippines. There is some good news, however. You still have a chance to join us.\n\n\nEntries are now being accepted for the Dot Property Southeast Asia Awards 2022\n. Site visits are already underway, and the presentation ceremony set for Bangkok in December is rapidly approaching.\n\n\nThe entry process is entirely digital and takes roughly 5-10 minutes to complete. We encourage you to submit your entry as early as possible in order to ensure all information is accurate. \nHere is a brief, step-by-step guide on how you can enter\n.\n\n\nBangkok will host the Dot Property Southeast Asia Awards 2022 with the event scheduled to take place at the luxurious Four Seasons Bangkok. This will be the industry\u2019s most exciting night and you won\u2019t want to miss it.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhy enter the Dot Property Southeast Asia Awards 2022?\n\n\nBeing a Dot Property Southeast Asia Award winner helps build trust amongst the public while also elevating your brand. It is more important now than ever before to be seen by the public as a credible company. Winning an award is one of the best ways to establish that credibility as it shows the world your work has been independently verified and recognized.\n\n\nSubmit your entry today!\n\n\nYou can\u2019t win if you don\u2019t enter. To be considered, \nsubmit your entry for the Dot Property Southeast Asia Awards 2022 today\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/europe-five-best-buys-in-2016", "title": "Europe: Five best buys in 2016", "body": "\n\n\n\nHouse prices grew by 3.8 percent on average in the European Union last year, and construction volume also increased, by 0.8 percent. These positive figures show that European residential property is now truly on its way to recovery.\n\n\nThe recovery stage of any property market cycle is the most favourable time to buy a new home, as prices have reached their lowest point and are just starting to grow again. This is also beneficial to people who are selling or looking to rent out their home because demand is increasing.\n\n\nFor foreign investors, the most promising of them are Bulgaria, Hungary, Spain, Cyprus and Portugal.\n\n\nBulgaria\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAfter seven years of recession, the Bulgarian property market has stabilised and finally, prices grew by 4 percent in Q4 2015 compared with the same period in 2014. The recovery is most noticeable in Burgas (pictured), Plovdiv, Varna and Sofia. At the same time house prices in Bulgaria are still among the lowest in Europe, running at between \u20ac 600 to \u20ac 1,000 per sqm for apartments and \u20ac 100 to \u20ac1,000 for homes last year.\n\n\nHungary\n\n\nThe property market in Hungary proved itself to be more resilient than some of its Mediterranean peers following the 2008 crisis, and actually did better than Spain between 2009 and 2010. The local market entered recovery three years ago, but this trend only recently consolidated itself. By Q4 2015, prices for homes had grown by 10.2 percent year-on-year, and the most popular destinations were Budapest, Lake Balaton and the surrounding resort towns of H\u00e9viz and Keszthely. In 2015, apartments cost between \u20ac 600 and \u20ac 1,400 per sqm on average, and between 1,000 and \u20ac2,500 for houses.\n\n\nSpain\n\n\nPrior to 2007\u22122008, the Spanish property market was among the \u201chottest\u201d in Europe, but the crisis brought dire results for house prices until just last year. However, the market finally regained its footing and prices rose by 4.3 percent in Q4 2015 year-on-year according to Eurostat. The most promising regional markets are the autonomous communities of Andalusia, Valencia, Catalonia, Madrid and the Canary Islands (Las Islas Canarias). These regions also attracted 70 percent of all foreign buyers last year. The average price per sqm was \u20ac 1,619 by December 2015, with flats ranging from \u20ac 1,000 to \u20ac 3,000 and houses selling for between \u20ac 1,200 and \u20ac3,000 per sqm.\n\n\nCyprus\n\n\nPrice growth for residential property in Cyprus is still struggling to maintain momentum and dipped into negative waters (\u20130.2 percent) in Q4 2015 year-on-year. The most promising local destinations are Limassol, Paphos and Larnaca. Apartments on the island cost between \u20ac 2,000 and \u20ac 2,500 per sqm and beween \u20ac 2,400 and \u20ac 2,900 for houses.\n\n\nPortugal\n\n\nThe Portuguese property market is entering the expansion stage and prices grew by 5 percent between Q4 2014 and Q4 2015. The most popular markets with investors are Lisbon and the Algarve, a southern holiday resort. The average price per sqm for apartments ranges from \u20ac 800 to \u20ac 3,800 and from \u20ac 650 to \u20ac 3,500 for homes.\n\n\nAnd other European countries?\n\n\nIf the above countries are leaning towards consolidation and growth, the situation is not as clear-cut on other property markets. In Belgium, the U.K., Denmark and Sweden, home prices have gone through the roof, exceeding pre-crisis levels already long ago. In fact, a study by the OECD shows that these locations are overvalued and economists in Sweden have been raising the alarm since last year over the extreme risk of an imminent collapse.\n\n\nOn the other hand, countries like Italy, Latvia, France and Croatia are still struggling to achieve nationwide growth and property transactions often just benefit a few regions. This means that residential property in these countries is either still too expensive or simply not very popular.\n\n\nResearch from real estate website Tranio showed that it\u2019s better to hold off on buying property in these countries until prices stabilise and begin to show reliable growth. What happens in Greece, an exception among the European property markets, will largely depend on how the government handles the geopolitical situation and economic growth over the next year.\n\n\nThis column was written by Ivan Chepizhko of Tranio.\n\n"} {"url": "https://www.dotproperty.com.my/blog/europes-best-tower-homes", "title": "Europe\u2019s best tower homes", "body": "\n\n\n\nThe Daniel Libeskind-designed Zlota 44 in Warsaw, Poland was recently named Europe\u2019s \u2018Best Residential Development\u2019 at the \nInternational Property Awards\n.\n\n\nThe 52-storey tower, which provides 287 one-, two- and three-bedroom apartments, was also awarded \u2018Best Apartment\u2019 (Europe) and \u2018Best Interior Design Show Home\u2019 (Europe), as well as \u2018Best Residential High-Rise Development\u2019 (Poland), \u2018Best Residential Development\u2019 (Poland) and \u2018Best Apartment\u2019 (Poland).\n\n\nThe \nInternational Property Award\ns are supported by 15 professional bodies worldwide and are judged by a panel of over 70 industry professionals representing property development, media, hospitality, design and architecture among others.\n\n\nMichal Skotnicki, President of BBI Development, said: \u201cZlota 44 has taken the standards of luxury living in Europe and Poland to the next level. We knew that combining the modern architecture of Daniel Libeskind and the thoughtful interior design of Woods Bagot, married with world-class amenities and services would create Europe\u2019s premier residential building.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cThese awards prove that Zlota 44 is recognised as one of the best developments in Europe, and offers the finest residential experience in the world.\u201d\n\n\nZlota 44 has garnered much acclaim for the lifestyle it offers, comprising a collection of apartments and penthouses, each unique in size and layout. All apartments are finished with floor-to-ceiling glazing, with open plan kitchens and breakfast rooms. Apartments feature Gaggenau kitchen appliances with the latest home management systems, controlled through either a phone or tablet.\n\n\nResidents at the 192-metre tower will have access to a vast 1,400 sqm leisure complex on the eighth floor that includes a 25-metre swimming pool (the largest private pool in Poland), a private residents\u2019 terrace with sun loungers and Jacuzzi, gym, full spa facilities (including Finnish sauna, steam room and massage rooms), a private cinema equipped with a golf simulator, children\u2019s playroom and business conference rooms.\n\n\nOver the course of this year Zlota 44 will complete construction and unveil the buildings\u2019 six-metre high entrance lobby, also designed by Daniel Libeskind. The tower is expected to be complete in Q4 2016, with the first residents to move in soon after. The sales campaign at Zlota 44 is in full swing, and the tower has enjoyed significant interest from Polish domestic buyers, expatriates and foreign buyers looking for a strong investment and a landmark home in a thriving city.\n\n\nPrices at Zlota 44 range from \u00a3242,000 for a one-bedroom apartment up to \u00a3 1.9 million for a three-bedroom apartment. The opulent penthouses are available under private negotiation, with offers expected to exceed \u00a37 million.\n\n\nwww.zlota44.com\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/exams-for-property-brokers", "title": "Exams for property brokers", "body": "\n\n\n\nProperty brokers in Vietnam will be required to pass examinations to work, with the new rules coming into effect on February 16.\n\n\nThe Ministry of Construction said the move is happening to improve operations in the sector in light of the improving market.\n\n\nMuch like in Singapore, all real estate agents and agencies much be licensed, and since 2010 this has lead to an improvement in the real estate industry. Many previous practices are now illegal in the city-state and infringements can result in the suspension of licenses and even criminal charges.\n\n\nLocal media reported that in Vietnam it will be provincial and municipal construction departments that will be in charge of organising the examination at least once a year, or they will authorise eligible organisations, such as real estate associations.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe certificate, once issued, will be valid for five years from the date of issuance.\n\n\nStatistics from the Ministry of Construction showed 26,000 brokers were granted certificates last year. Their certificates will be valid for five years from July 1, 2015, the date when the Law on Real Estate Business 2014 became active. The law required that passing examinations was compulsory to get certificates to operate.\n\n\nIn the past it was easier to get certified as brokers were not required to undertake exams; only to take part in training courses. The granting of broker certificates was seen by many industry observers as the causes for disorderly practices in the real estate market.\n\n\nIt will be interested to see whether other Southeast Asian countries follow the examples of the likes of Vietnam and Singapore, and require all real estate agents and agencies to be regulated and for agents to pass exams to work. Right now, for example, Thailand has no such laws and anyone can act as an agent without experience or knowledge.\n\n"} {"url": "https://www.dotproperty.com.my/blog/exclusive-airbnb-finds-success-malaysia", "title": "Exclusive: Airbnb excited about future in Malaysia", "body": "\n\nAirbnb has found success in Malaysia with 700,000 people using the service to find accommodations \n\n\nThis story is an excerpt. Read the full feature in the July/August issue of Dot Property Magazine\n\n\nAirbnb has been a hit in the Asia-Pacific region and is now one of its fastest growing markets as both guests and those with space to share have embraced the service. \nAirbnb\u00a0\nattributes its success in Southeast Asia to the incredible array of experiences, stories and cultures people want to explore.\n\n\n\u201cWe know that people all over the world want a new kind of travel. They\u2019re no longer satisfied with the same cookie-cutter experiences that have been offered for years, or going to the same tourist traps that everyone\u2019s already seen,\u201d Robin Kwok, Country Manager of Southeast Asia, Hong Kong & Taiwan, explains. \u201cPeople, especially millennials, want unique and authentic experiences; the kind that allow you to really get under the skin of a place, discover its hidden gems and understand its real character. In other words, people want to live like locals.\u201d\n\n\nAnd live like locals they did. Nearly 11 million guests utilised Airbnb to book rooms in Asia (excluding Australia and New Zealand) last year and the firm recorded an astonishing 177 percent growth in the region. Malaysia and Thailand proved to be particularly popular with inbound travellers. A total of 700,000 people stayed in Malaysia last year using Airbnb while Thailand welcomed 774,000 inbound guests via the service.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAirbnb works with the government for a positive solution\n\n\nThe company\u2019s success in Malaysia has not gone unnoticed and there have already been talks between Airbnb and the Malaysian government\u00a0as the two look to create a beneficial partnership. The ultimate goal of Airbnb is to guarantee everyone can benefit from home sharing including the countries themselves.\n\n\n\u201cWe\u2019re having meaningful and productive conversations with the Malaysian authorities, who are excited by the prospect of home sharing and the benefits Airbnb is already bringing to tourism in Malaysia,\u201d Kwok notes. \u201cWe look forward to working with them to develop a clear and simple framework that allows everyone to get the best out of home sharing and promote Malaysia as a global destination.\u201d\n\n\nCreating an authentic experience\n\n\nAirbnb has launched Trips to provide travellers with an authentic experience\n\n\nUntil recently, Airbnb has been all about homes, letting travellers see cities through the eyes of a local, by staying in their homes and experiencing an authentic side to a local neighbourhood. That\u2019s all changed with the launch of Trips \u2013 an enhanced product \u2013 which offers guests not just Homes, but also authentic local Experiences and insider Guidebooks\u00a0all in one place, allowing travellers to immerse themselves completely during every aspect of their trip. Experiences \u2013 of which there are now 800 live across over 20 cities \u2013 are handcrafted activities led by passionate, local experts which offer unprecedented access to communities and places you would never otherwise come across.\n\n\n\u201cWe want to make this process seamless and simple, and make sure that the trip itself is memorable, authentic and unique. That\u2019s why Trips is such an important milestone for us; we\u2019re taking that first step to move Airbnb beyond the concept of home sharing, with Experiences and Places now helping travellers see the true character of a city, through the people who live there,\u201d Kwok says.\n\n\nAnd Airbnb isn\u2019t stopping with Trips. As travelling evolves, both in Southeast Asia and internationally, it wants to find new ways to simplify how plans are made.\n\n\n\u201cOur ultimate goal is to take this even further, and for people to be able to research, plan and book every aspect of their trip through the Airbnb app, becoming an end-to-end hospitality solution,\u201d Kwok proclaims. \u201cAt the moment, people have to go to lots of different places to research and book different elements of their trip \u2013 flights, accommodation, what to do when they reach their destination.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/exclusive-uk-investment-opportunity-great-central", "title": "Exclusive UK investment opportunity: Great Central", "body": "\n\n\n\nWith some of the strongest rental returns in the UK, \nSheffield is a destination savvy property investors are looking at\n. The numbers speak for themselves. Home prices in the Steel City increased by more than 5.6 percent while rental yields were a robust 8.07 percent.\n\n\nAreas around the Sheffield city centre and Kelham Island are the most in demand from renters with supply currently limited. In particular, there is currently a lack of new built, modern residential projects in the pipeline. Great Central, an apartment complex being developed by Knight Knox and Qualis Developments, aims to help meet some of this demand.\n\n\nThe project is a 15-minute walk from the Sheffield city centre and its potential is staggering. Nearby properties have recorded appreciation of more than 25 percent in the last five years. Should the city maintain its current economic growth, Great Central could chart a similar course while bringing in rental returns of anywhere from 8-10 percent.\n\n\nGreat Central brings extraordinary living to Sheffield\n\n\nGreat Central is no ordinary development. It will undoubtedly be a contemporary addition to the Sheffield skyline while helping meet the ever-increasing demand for rental properties in the city.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe project boasts 131 fully-furnished units that are elegant and feature a modern design. Studio, one-, two- and three-bedroom apartments are available. Some units come with a parking space, others have balconies with impressive city views and all are equipped with spacious living areas.\n\n\nThere is also a large, landscaped courtyard at Great Central as well as a grand entrance area. Another key amenity is the secure bicycle storage where residents can store their bikes. Cycling is very popular in Sheffield and while this feature may not seem like a big deal to investors, it is something renters will want.\n\n\nSpeaking of renters, an experienced letting agency is already in place for Great Central. Between this and the fully furnished units, investors can enjoy peace of mind not available at other developments.\n\n\nGreat Central launches in Singapore\n\n\nGreat Central is hosting an exclusive launch event at the Orchard Parade Hotel in Singapore on 14-15 July. The FREE event will have information on the market and developer as well as an exclusive look at the project. Additionally, the first 10 buyers at the launch will get a discount not available anywhere else.\n\n\nSeats are limited, so reserve your spot today. \nClick here to sign up!\n\n"} {"url": "https://www.dotproperty.com.my/blog/expat-cost-living-southeast-asia-falls-due-weakening-currencies", "title": "Expat cost of living in most of Southeast Asia falls due to weakening currencies", "body": "\n\nThe expat cost of living fell in Kuala Lumpur and Bangkok during the past year\n\n\nExpat cost of living in most of Southeast Asia declined during the past 12 months due in large part to weakening local currencies. Research from ECA International found Singapore remains the region\u2019s most expensive place for expats to reside while Bangkok, \nKuala Lumpur\n and other places fell in the organization\u2019s latest global cost of living rankings.\n\n\nECA International noted \nSingapore\n was in a unique spot over the past year. Its position in the global cost of living rankings remained unchanged despite seeing some significant price rises.\n\n\n\u201cThe fact that Singapore retained its ranking as the 13th most expensive location globally despite higher than-average inflation of five percent, which was fueled by rising costs for rents, utilities and petrol, may come as a surprise to some,\u201d Lee Quane, Regional Director \u2013 Asia at ECA International, noted. \u201cThis was because the Singapore dollar has weakened against regional currencies, such as the yuan, and the US dollar at the same time, mainly due to a sharp slowdown in manufacturing and exports during the latter part of our survey period.\u201d\n\n\nIn Thailand, the weakening Thai baht against the US dollar and UK pound along with relatively low inflation saw Bangkok fall 13 spots in ECA\u2019s global cost of living rankings. Even with items, such as gas, becoming more expensive, expats living in the city now find their money going further.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cBangkok saw a large increase in petrol prices \u2013 a rise of 33 percent over the past 12 months. But with housing costs in districts popular amongst expatriate residents falling during the same period, overall levels of inflation were lower than those experienced in many other locations. The slow pace of the recovery in the tourism sector also hit the Thai baht during the survey period, contributing further to Bangkok\u2019s fall in our rankings,\u201d Quane reported.\n\n\nAlso Interesting:\n\u00a0\nLive the good life for less in this charming Thai resort town\n\n\nElsewhere in Southeast Asia, Malaysia, Laos and Myanmar all saw expat cost of living decline during the past year. While the economic situation did vary in each location, all three countries recorded currency weakness which contributed to the decline.\n\n\n\u201cWhile Laos and Myanmar experienced high rates of inflation \u2013 almost 10 percent \u2013 in the past 12 months, they still fell in our rankings as their currencies have weakened considerably,\u201d Quane said. \u201cLaos was struggling with both lower exports to China, and the affordability of its rising foreign debt. In the case of Myanmar, currency weakness was due to the economic paralysis which followed the coup in 2021.\u201d\n\n\nAlso Interesting:\n\u00a0\nFlight bookings pickup as borders reopen in Southeast Asia\n\n"} {"url": "https://www.dotproperty.com.my/blog/expat-rents-decline-bangkok-hanoi-singapore", "title": "Expat rents decline in Bangkok, Hanoi and Singapore", "body": "\n\nExpat rents are down across Asia with noticeable declines recorded in Bangkok, Hanoi and Singapore last year. According to research from ECA International, expat executive standard accommodation rents in locations reliant on overseas tourism were impacted the most due to the ongoing COVID-19 pandemic.\n\n\n\u201cRental prices have dropped in many locations across Asia over the past year, but this has been especially notable in locations which are heavily reliant on overseas visitors and residents, such as Thailand and Vietnam. Average rents in Bangkok have dropped by over 12 percent in just one year, while Hanoi and Ho Chi Minh City have seen a negative swing of nine percent and six percent respectively,\u201d Lee Quane, Regional Director \u2013 Asia at ECA International explained.\n\n\nHe continued, \u201cThe rental market in these locations is heavily tied to the fortunes of the tourism industry, and landlords who previously rented out accommodation on a short-term basis, have since converted these to long-term leases \u2013 thus increasing supply and reducing market rents further. Therefore, it is unlikely that we will see a change to this trend until international travel is fully open again.\u201d\n\n\nSingapore remains the most expensive rental market for expats in Southeast Asia, although prices here only declined by slightly more than two percent in 2020. The dip halts several years of expat rent increases in the city-state.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cRent levels in Singapore are always notably stable and this year is no different, with the country seeing only a slight dip in market rents,\u201d Quane stated. \u201cThis is likely the consequence of COVID-19\u2019s impact on the wider economy in Singapore. Moreover, with greater immigration restrictions for overseas workers set in place, this has suppressed the demand for accommodation in the country this year.\u201d\n\n\nHong Kong was most expensive location in Asia for expat rents once again followed by Tokyo, Shanghai, Yokohama and Seoul. In the global rankings, expat rents in Singapore were 26\nth\n most expensive while Bangkok ranked 49\nth\n and Hanoi finished 81\nst\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/expats-choose-retire-philippines", "title": "Why do expats choose to retire in the Philippines?", "body": "\n\nMore expatriates are choosing to retire in the Philippines. People from the USA, Australia, Singapore, Hong Kong and many Nordic countries are all enjoying the Filipino lifestyle these days. Ever wonder why more expats are looking to retire in the Philippines? There are quite a few reasons, but here are four of the most popular ones.\n\n\n4 reasons expats want to retire in the Philippines\n\n\nThe beautiful beaches\n\n\nThe beaches around Dumaguete makes it a popular place for expats looking to retire in the Philippines\n\n\nAmong the first things most expats wanting to retire look for are picturesque beaches. After having worked hard to save for this moment, retirement should be one long holiday. Beach destinations remain the most popular place for expats to retire and there is no shortage of sandy shores and beautiful blue waters in the Philippines.\n\n\nCebu is growing as a retirement destination thanks to a growing city and access to countless beaches. Meanwhile, Dumaguete has arguably been the go-to spot for expats looking to settle into the retired life thanks to its sparkling beaches and laidback ambiance.\n\n\nSearch for Dumaguete properties\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nLow cost of living\n\n\nIf the first thing most expats look for in a retirement location is the surroundings, the second aspect is cost of living. While places like Thailand and Cambodia may be cheaper, the cost of living in the Philippines is competitive with these countries. According to research from International Living, most expats can live comfortably on USD 1,000 per month. This total includes dining out and domestic travel and tends to be less than most monthly pensions or social security benefits.\n\n\nDesirable retirement visa\n\n\nRetirement visas play a big role on where expats decide to retire. \nThe Special Resident Retiree\u2019s Visa is issued by the Philippines\u2019 Bureau of Immigration\n is among the best. Privileges include multiple-entry access with the right to stay indefinitely in the Philippines. Those with pensions aged 50 and above need to have a monthly pension of USD800 and deposit USD 10,000 in a bank account while those without a pension can deposit USD 20,000 in a bank account to be eligible for the visa.\n\n\nFamiliar culture\n\n\nPerhaps the most overlooked aspect is the familiar language and culture the Philippines offers expats choosing to retire in the Philippines. Retirees coming from places such as the USA and Australia will likely be familiar with Filipino culture thanks to the large diaspora. Even those without the experience are comfortable in the country thanks to the widespread use of English. This makes the Philippines more desirable than other Asian countries where language and communication can be an issue.\n\n\nFind a retirement home today\n\n"} {"url": "https://www.dotproperty.com.my/blog/expensive-place-live", "title": "Where is the most expensive place to live?", "body": "\n\n\n\nRecent findings rank the least affordable place to buy property in the world.\n\n\nIt has been revealed that Hong Kong is the most expensive place to buy property in the world. This is the seventh year that Hong Kong has topped the global rankings.\n\n\nThis is according to findings in the Demographia\u2019s International Housing Affordability Survey who have just released their 13th edition of their report. In order to rank affordability, they calculate each country\u2019s \u2018median multiple\u2019. This is worked out by\u00a0dividing the average house price by the average household income. Any score in excess of 5.1 is considered to be \u2018severely unaffordable\u2019. In 2016 Hong Kong scored 18.1. Therefore the price of property is 18.1 more times than the average annual income, although this is a slight decrease from its score of 19 in 2015.\n\n\nHong Kong\u2019s government have been taking measures in order to cool the market. Similar to those that have taken effect in Singapore, in Hong Kong these measures have included rising taxes and penalising foreign investors or those looking to purchase a property who do not fall under the first time buyer category.\n\n\nSecond in the ranking is Sydney with a score of 12.2. This is followed by Vancouver with 11.8, Auckland with 10 and San Jose scoring 9.6.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAs the Yuan is still weakening, many Chinese are looking for opportunities outside of the Mainland China. Property continues to be an attractive asset forming part of people\u2019s investment portfolios. However the news of Hong Kong\u2019s staggering values may deter buyers, which could be to the benefit of other markets across the region.\n\n"} {"url": "https://www.dotproperty.com.my/blog/experts-excited-birmingham-property-investment", "title": "Why are experts excited about Birmingham property investment?", "body": "\n\nBirmingham property investment is a savvy play according to several real estate experts\n\n\nEngland\u2019s second city is now first in the eyes of many real estate experts when it comes to property investment. Birmingham is currently undergoing several massive regeneration projects while banking powerhouses Deutsche Bank and HSBC are just a few of the organisations to open new headquarters in the city.\n\n\nIt\u2019s all part of Birmingham\u2019s Big City Plan, the UK\u2019s most far-reaching development project ever, that will help bring an estimated 50,000 jobs to the city by 2022. Population growth is also expected to skyrocket with an estimated 171,000 new residents likely to settle down in the city between now and 2039.\n\n\nAnd with new residential, retail and office buildings being built and more people moving to England\u2019s second city, real estate experts are bullish on Birmingham property investment. The 2017 PwC and Urban Land Institute\u2019s Emerging Trends in Real Estate report ranked the city as the sixth best place in Europe for investment prospects.\n\n\nLocation matters when it comes to Birmingham property investment\n\n\nLike all real estate investment, it is important to select the right location in Birmingham for the best possible returns. According to Knight Frank, investors can expect yields of 5.5 to 6 percent from projects in central Birmingham. A lack of available space in the city centre couple with strong demand from those working in the area makes this the ideal location for Birmingham property investment.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cPeople moving (to Birmingham) with their companies want to live in the core. We are seeing a high number of repeat investors from London and the South East wanting to get their hands on anything in this area. They see it as a safer bet than London and with much more room for profit growth,\u201d Peter Smith, residential development associate at Knight Frank, \nexplained to the Telegraph\n.\n\n\nLooking for Birmingham property or other new homes in the UK? Dot Property has a number of properties in England on our network of sites. \nClick here to start your search\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/explore-kingston-londons-education-hub", "title": "Explore Kingston, London\u2019s education hub", "body": "\n\nKingston University London is one of 30 schools in Kingston, London\u2019s education hub\n\n\nLondon is highly regarded for the quality of its schools. The city boasts leading educational institutions across all age groups. From pre- and primary schools to secondary schools and universities, London provides the best educational opportunities to students. However, one borough stands alone as the capital\u2019s education hub.\n\n\nAccording to \nThe Good Schools Guide\n, Kingston is the best borough when it comes to schools. There are several reasons for this. Firstly, 100 percent of the schools in Kingston are ranked as either outstanding or good by the Office for Standards in Education, a non-ministerial department of the UK government that reports to Parliament.\n\n\nSecondly, Kingston has one of the highest proportions of good passes at GCSE in English and maths, according to the Department of Education. More than two-thirds of pupils in Kingston finished year 11 with a grade between nine and five in the two subjects. It is only one of two London boroughs to achieve this.\n\n\nOutside the classroom, \nKingston was named as one of London\u2019s best boroughs for families\n. This was due to its low crime rate and lack of pollution. The borough also received high marks for health and peace in addition to having some of London\u2019s top schools.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nLearn more about Kingston\u2019s most exciting property development\n\n\nWhat schools are in Kingston?\n\n\nKingston Grammar School is within the top one percent of secondary schools in the UK\n\n\nAcross all levels, Kingston is home to some of the UK\u2019s most highly regarded schools. Among these is Tiffin School and Tiffin Girls\u2019 School which are among the country\u2019s best secondary schools. Tiffin School sends a minimum of 20 students to Oxbridge institution annually. Meanwhile, Kingston Grammar School is within the top one percent of secondary schools in the UK and is considered to be the same standard as the well-known Eton College.\n\n\nKingston is also a leading destination for further education. There is Kingston University London which was ranked as one of the\n top 200 young universities by the Times Higher Education\n. It is one of the UK\u2019s top two universities for business and holds AACSB accreditations that place it in the top five percent of business schools worldwide.\n\n\nOther further education options include Kingston College, which provides vocational and undergraduate courses for those over 16, and St. Mary\u2019s University, a TEF Silver award recipient for high-quality teaching, learning and outcomes for their students.\n\n\nProperty investment in London\u2019s education hub\n\n\nRoyal Exchange is a new development from St George\n\n\nBuying a residence in Kingston, London\u2019s education hub, is a sound decision regardless of if you plan on using it for your own child or as an investment property. One new project in the borough is strategically placed to provide parents with the ability to choose the school that is best for the children.\n\n\nA home in Royal Exchange can mean educational freedom. Traditional or progressive, academic or vocational, a choice of schools and colleges to build character and confidence, a love of learning \u2013 and to prepare the next generation with skills for life.\n\n\nThe central location of Royal Exchange in Kingston places it near 30 schools with 14 of these less than a 15-minute walk away. This ensures the ability to select the schools best suited to your child as opposed to making an educational decision based upon location.\n\n\nRoyal Exchange is a new development from St George, a member of Berkeley Group. One-, two- and three-bedroom apartments and penthouses are available with each one featuring designs that cater to the needs of modern families and students. No project is set up for the success of students quite like Royal Exchange.\n\n\nClick here for more information about Royal Exchange\n\n"} {"url": "https://www.dotproperty.com.my/blog/explore-two-impressive-phuket-condotel-projects", "title": "Explore two of the most impressive Phuket condotel projects", "body": "\n\nMelia Phuket Karon Residences is one of many exciting Phuket condotel projects in the pipeline\n\n\nWith the first wave of tourists arriving to Thailand, there is light at the end of the tunnel. It may be some time before the number of visitors returning the popular destinations like Phuket reaches pre-pandemic levels, but there is little doubt that it will happen.\n\n\nThat\u2019s because Phuket is historically resilient. In the past two decades, the island has faced the tragic 2004 tsunami, the SARS epidemic, the Bird Flu scare and two coup d\u2019\u00e9tats. And once each situation came to pass, the recovery was swift.\n\n\nWhich brings us to present day. The local market is struggling with many developers offering discounts to entice buyers. For savvy real estate investors, purchasing now can ensure they are well placed for Phuket\u2019s eventual recovery.\n\n\nPhuket condotel projects remain among the most interesting investment opportunities available. If you\u2019re unfamiliar with a condotel, it is a building where the units are sold to individuals like a condo while being operated by a hotel brand who incorporates their standards, management and marketing into the project.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nLet\u2019s take a look at two of the most impressive Phuket condotel projects currently on the market.\n\n\nMelia Phuket Karon Residences\n\n\nThe highly regarded Melia hotel brand has been enlisted to operate Melia Phuket Karon Residences. Nestled between the mountains and sea, the project allows residents to stay connected to nature at all times. The residences provide sublime panoramic views of the Andaman Sea with the \n73 condominiums and villas\n\u00a0each offering stunning glimpses of the beautiful blue waters.\n\n\nMelia Phuket Karon Residences allows you to have a personal paradise thanks to its low density. Units have been spread out to guarantee privacy and exclusivity. Additionally, the project has its own beach club where you can lounge away on one of the island\u2019s most pristine beaches.\n\n\nFor those interested in the investment aspects of the development, Melia Phuket Karon Residences has an outstanding rental management program that allows for 30 days of personal usage for you, friends and family each year along with strong returns.\n\n\nLearn more about Melia Phuket Karon Residences\n\n\nGrand Breeze Park Condotel\n\n\nGrand Breeze Park Condotel\n\n\nGrand Breeze Park Condotel\n is located in the hills just south of Kamala Beach and boasts an outstanding design featuring five buildings. The project will be operated as an upscale hotel with a range of amenities including a spa, fitness center, a restaurant and a range of boutique shops.\n\n\nPerhaps the most impressive amenity is the sky garden which spans all three buildings and offers some of the most beautiful views around. There is lush greenery while residents will be able to enjoy the use of a BBQ area that is exclusive to them. The end goal is to create a development that is family friendly and popular with all types of travelers.\n\n\nWhat\u2019s more, Grand Breeze Park Condotel is one of the most affordable Phuket condotel projects which has made it extremely attractive for investors, holiday home seekers or those wanting one property to do both. A rental program with property management is available to interested buyers.\n\n\nClick here to see units for sale in Grand Breeze Park Condotel\n\n"} {"url": "https://www.dotproperty.com.my/blog/factors-need-consider-choosing-serviced-office-southeast-asia", "title": "What factors do you need to consider when choosing a serviced office in Southeast Asia?", "body": "\n\nServiced offices continue to grow in popularity across Southeast Asia and for good reason. This flexible option allows businesses of all sizes to cut costs, avoid multi-year leases and pay for only what they require. And while that sounds great, there are things you need to consider when going down this route.\n\n\nSimply put, making the switch isn\u2019t as easy as doing a Google search and selecting the cheapest choice. It\u2019s also important not to get lost in a sea of buzz words where countless serviced office operators make pie in the sky promises that aren\u2019t realistic. There is a lot to parse through, but everything starts with your needs.\n\n\nThat is why we\u2019ve put together some of the factors you need to consider when choosing a serviced office. Starting a search with these in mind will ensure you find the best possible space.\n\n\nKeep Reading:\u00a0\nThe future of the office is dependent on employees\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n1) Location and views\n\n\nThere is a reason why we don\u2019t work in windowless buildings far away from the CBD. That would not be a productive environment for anyone. This means location and views are important. For starters, it should be easy for employees to get to their workplace. This will obviously be a key consideration when selecting a serviced office space.\n\n\nHowever, don\u2019t overlook the impact views can have on a daily basis. When you or someone on your team looks around and sees an inspirational view of the city, it helps maintain a positive vibe. Of course, these oftentimes come at a premium price, but it is usually possible to find a space that balances all three concerns.\n\n\n2) Flexibility\n\n\nGiven everything that has happened over the past two years, flexibility has become the name of the game. It is vital your serviced office operator provides you the ability to scale up or down at a moment\u2019s notice. We mention this here because a lot of spaces claim to have this ability but can\u2019t always deliver. Make sure you know the scaling terms and how the process will work before agreeing to anything.\n\n\n3) Brand reputation\n\n\nWith so many serviced office operators and co-working players in Asia, it isn\u2019t easy to find a name you\u2019re familiar with. What\u2019s more, continued consolidation and difficult business conditions mean these spaces are coming and going without warning. That level of uncertainty is not ideal for your organization.\n\n\nThis is also why businesses like yours trust Regus for their serviced office requirements. Having been at this for decades, they have the best collection of locations and views across Southeast Asia with a presence in most major areas. Their modern spaces are thoughtfully designed to ensure maximum productivity.\n\n\nWhat\u2019s more, they have the knowledge and capability to handle your scaling specifications. And with transparent pricing, you always know what you\u2019re paying for.\n\n"} {"url": "https://www.dotproperty.com.my/blog/feng-shui-design-tips-2020-get-home-ready-year-rat", "title": "Feng shui design tips 2020: get your home ready for the Year of the Rat", "body": "\n\nNow is a good time to look at how you can improve the feng shui around your home for the Year of the Rat\n\n\nWe have officially entered the Year of the Rat and now is as good of a time as any to think about your home. No matter if you live in a house, condo or villa, these feng shui design tips 2020 will help bring in positive energy. And if you\u2019re an investor wanting to make your property more attractive to renters, feng shui can be a unique selling point.\n\n\nIt is important to find balance, so don\u2019t feel as if you need to commit to all the feng shui design tips 2020 listed here. Avoiding clutter is critical, so only make changes that fit into the flow of your property.\n\n\nFeng shui design tips 2020 \n\n\nLucky colors\n\n\nOur feng shui design tips 2020 start with choosing the right colors. The lucky colors for 2020 are blue and gold which symbolize water and metal, respectively. Now, we don\u2019t recommend painting your walls in either color, but finding accents or d\u00e9cor that can be seamlessly integrated into your current interior design is a good idea. For example, if you have pictures in your house, swapping the frames to gold ones won\u2019t clash with most room styles and brings in good luck.\n\n\nEmbrace water\n\n\nWater is very important in the Year of the Rat so it is no surprise that it features heavily in the feng shui design tips 2020. One of the keys to the art of feng shui is eliminating things that can cause negative energy flows. This doesn\u2019t mean tearing down your home and rebuilding it. Instead, find remedies that restore and energize ch\u2019i.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOne way to fix negative feng shui is to incorporate kinetic energy into your living space. Something like a small water fountain on a table or shelf can accomplish this and add a bit of overall peace to your home.\n\n\nIf you want to improve the flow of ch\u2019i, hanging pictures of bodies of water, such as beaches or rivers, is the way to go. And since blue is a lucky color for the Year of the Rat, doing this helps on two fronts this year.\n\n\nLet there be light\n\n\nLight flows are important for feng shui\n\n\nLight flow is extremely important and we end our feng shui design tips 2020 here. The first thing you can do to improve lighting is relatively simple: clean your windows. If you haven\u2019t done this in the while, the buildup of dirt and dust could be restricting light flow and make things darker in your home.\n\n\nSecondly, go around your house and see if there are any dark or dimly-lit corners or rooms because these are a source of negative energy flows. In many modern residences where lighting fixtures come pre-installed, this is a common problem. You can remedy dark areas by adding a lamp to these spots. A strategically placed mirror that reflects light into these places is also a positive solution.\n\n"} {"url": "https://www.dotproperty.com.my/blog/feng-shui-follies-design-mistakes-consider-moving", "title": "Feng shui follies: design mistakes to consider before moving", "body": "\n\n\n\nFeng shui plays an important role when it comes to home design in Asia. From interior design to the shape of the building itself, the multi-disciplinary art is a factor for both homebuyers and renters looking to side step bad vibes.\n\n\nSo what is feng shui? At its core, feng shui is essentially the art of placement. Its forces are subtle but can have a great impact on your life, especially in the home where you will spend a considerable amount of time. Regardless of if you want to add value to your home or simply want more positive energy, here are a few feng shui mistakes to look out for.\n\n\nAvoid these feng shui follies\n\n\nFunnel shape plot\n\n\nAs available land in metropolises shrinks, some odd shaped land plots have been created. This has forced developers to utilise them despite their unique sizes. In feng shui, a land plot that is shaped like a funnel, larger at the front and small at the back, is no good. It can make accumulating money difficult and is believed to cause health problems.\n\n\nHow to avoid:\u00a0\nExplore the plot of land a project is built upon to see if it is funnel shaped. While most projects are still built on square- or rectangle-shaped plots of land, this is not always the case.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKitchen in the northwest\n\n\nThe breadwinner is represented by the northwest corner of a residence. In feng shui, this space is called the heavenly palace. When this corner contains a kitchen, outdoor grill or other heat source, it means the breadwinner is at risk of suffering a severe loss.\n\n\n\u201cAn arrangement such as this can cause the man to leave, difficulty holding on to a man or attracting a man if the woman of the house is single, or causing severe loss for the man such as by accident, major illness, or job or financial loss like bankruptcy,\u201d Kathryn Weber, a feng shui design expert, explains.\n\n\nHow to avoid:\u00a0\nBreak out the compass, or the compass app on your phone, when inspecting a house or condo unit to see what direction to kitchen is located in.\n\n\nA shoji, a Japanese-style room divider\n\n\nBed alignment\n\n\nWhen it comes to feng shui, one of the gravest offenses is when the bed aligns with a bathtub, sink or toilet. It is believed this creates the potential for loss with cancer, a stroke, a major accident, bankruptcy or even death a possibility. \u00a0It\u2019s vital the bed is moved so that it is not aligned with the bathroom door or bath fixtures.\n\n\nHow to avoid: \nMove your bed if it is aligned with the bathtub, sink or toilet. A shoji, a Japanese room divider, works if the size of your room prevents the bed from being moved.\n\n\nThese are just a few of the feng shui mistakes out there. \nThis article has a few more issues you should consider\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/feng-shui-year-of-the-monkey", "title": "Feng Shui: Year of the Monkey", "body": "\n\n\n\nIn 2016, the Year of the Monkey holds some big changes and wonderful opportunities. Women will really enjoy the Monkey year!\n\n\nLike all years, though, it also has its challenges. But if you\u2019re prepared and put your remedies and enhancements in place, you\u2019ll do just fine. If you really make an effort, this could be the year you take big steps. That\u2019s because women have some terrific energy that can help them set a plan in place that could pay off for years!\n\n\nSecurity and Safety First.\n\n\nThis year it\u2019s more important than ever to stay on the side of caution \u2014 and in every respect \u2014 and for everyone in your family. Make sure you are thorough with contracts, read the fine print, check your credit card statements for fraudulent charges and do background checks on questionable people (single girls are you listening?). Don\u2019t take a smooth talker at his word or job promises without getting it in writing.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMake sure to check locks, invest in a burglar alarm and don\u2019t go out alone at night. Make sure your family is safe, too. Make the kids wear their bike helmets, buckle up in the car, and be extra cautious about the oldest son. Risky sports and rough sports can bring injuries.\n\n\nWatch your words \u2014 especially on the job.\n\n\nThe 3-star in the northwest sector (bosses) and the 2-star in the center sector and the 7-star in the career sector all create a nasty triangle of bitter talk. Avoid gossip at all costs \u2014 both personally and at work, but especially at work. You will get caught up in a \u201ctriangulation\u201d of gossip at work and it will cost you even if you don\u2019t instigate it.\n\n\nJobs can also be lost because of the 7-star and work relationships can be harmed by \u201ccutting\u201d words. Hold your tongue this year and count to ten. As a rule, it will be better to listen than speak\u2026but that\u2019s good advice anytime, isn\u2019t it? But, it\u2019s especially true this year. Keep your ear to the ground this year in case there are layoffs. Have your resume up to date just in case. Be careful about injuries on the job, especially if your travel for work.\n\n\nIf your bedroom or front door is in the north, make sure you wear plenty of blue and black clothes and have blue and black colors in your bedroom. You may want to invest in something like the evil eye amulet to help keep you from harm at work or from injury.\n\n\nHealth can be a challenge.\n\n\nThe 2-star flies to the center sector, the sector of the spine. But most of the problems the 2-star causes are mild and annoying versus serious. Make sure you take care when lifting anything or you could aggravate an old back injury \u2014 or have a new one. It won\u2019t be bad, but it will take you out of commission for a while. Keep healthy lush plants in the center sector of the house or living room and add metal objects here such as a six rod wind chime, wu luo and Happy Buddha to protect your health and wealth.\n\n\nIt\u2019s also a year for challenges across the board for health because of the 5-Yellow in the northeast sector. This is the sector of the hands and the mind. Take care when working with your hands or doing anything like roller skating \u2014 many wrists are broken trying to break a fall.\n\n\nIt\u2019s critical that you watch ailments this year if your bedroom or front door is in the northeast corner of the house.\n\n\nPlease heed this warning: have all symptoms checked out immediately if your front door or bedroom is located here. You should be especially cautious if this is your bedroom. If you can move out of this room, it would be wise.\n\n\nYou can help alleviate the influence of the 5-Yellow, which is known for tumors, cancer, broken bones, major financial problems and severe accident, if you have a 5-Element Pagoda and metal objects here. Having a pendulum clock or a ceiling fan constantly turning is wise. If this is your front door, add lush healthy plants to protect your health.\n\n\nMake sure you keep those annual appointments with the dentist and doctor.\n\n\nDon\u2019t put off any health symptoms that concern you because these could mushroom into a bigger problem. This is true for the whole family and for rabbits, in particular. Boars and Rabbit zodiac signs should be cautious about injuries by metal (i.e., car, sharp objects, etc.) and they should carry amulets to protect them.\n\n\nAreas for Growth\n\n\nThere is good business potential in the southwest corner of relationships and women. You can get ahead in the year by thinking strategically in business by partnering with women or joining up with your significant other or spouse. Women host the 8-Wealth star to help them get make strong job gains and this bodes especially well for women entrepreneurs.\n\n\nThe word to focus on for gaining income and financial opportunities? Partnership. Make sure you activate both the southwest sector of women and the southeast wealth sector with a dragon tortoise or fish to activate the water (read: wealth) energy.\n\n\nWe also have good potential this year to get ahead by rubbing elbows with influential friends.\n\n\nThe good fortune star is in the south, the sector of networking and socializing. You could find that it\u2019s a good idea to attend networking events, go to socialising activities after work or fostering relationships with influential friends and asking for favours. Ask those movers and shakers you know for advice and they may just mentor you or take you under their wing.\n\n\nTrying to get pregnant?\n\n\nThis is the year the pregnancy star is in the east sector so you have some cosmic help there \u2014 especially if you\u2019d like a boy. Spend lots of time here and add fresh flowers to boost your chances of becoming pregnant.\n\n\nWealth potential from investments, working on your portfolio.\n\n\nDespite what the stock market has done, it will pay to invest some time and energy in your assets such as retirement and stock accounts. This year the White 1-star of income means that there\u2019s an opportunity to grow wealth assets.\u00a0 If you haven\u2019t started an investment account this is the year to do it. Adding a water fountain or dragon tortoise in the southeast sector where the income star has flown to will help you get a leg up on those investment accounts this year.\n\n\nLove gets a boost in 2016.\n\n\nThe love star has moved to the west and that means the west corner of your house holds the greatest potential for love energy. Make sure you boost this area with crystals. It\u2019s also the area associated with education, so having a globe located here will help you with exams, writing and moving ahead in education. This bodes well for children. Have them study in this part of the house or living room.\n\n\nLike many year recently, water is a missing element. Stress (particularly verbal stress) can run high this year. Health might be strained. That\u2019s why a vacation to the beach or lake is your best bet for relaxation. Water will soothe angry words and frayed nerves. Be sure to wear blue, carry a blue purse (for money energy), and try to take time by water either with swimming, listening to a waterfall, or just staring at the ocean.\n\n\nBelow is the annual afflictions and energies chart to help you track where all the energies are for the year.\n\n\n\n\nAbout Kathryn Weber, the author of this column.\n\n\nKathryn has more than 20 years of feng shui study, practice and professional consultation experience. Her witty, no-nonsense style appeals to audiences, making her a popular speaker and radio show guest. She is often called on by media to explain feng shui in down-to-earth terms, and has been featured in Seventeen, First for Women, Faces, Conceive, Martial Arts Professional, and Natural Health magazines, and on websites around the world. She is a certified master practitioner, having studied with feng shui master Lillian Too in Kuala Lumpur, and has also attended the prestigious International Feng Shui Convention in Singapore where she has met and studied under some of the brightest stars in the world of feng shui. Kathryn practices classical Chinese feng shui and her clients include homeowners, high-powered executives, manufacturing firms, real estate companies, and business owners.\n\n\nSource: \nhttp://redlotusletter.com/about/\n\n"} {"url": "https://www.dotproperty.com.my/blog/fewer-agents-in-singapore", "title": "Fewer agents in Singapore", "body": "\n\n\n\nThe number of licensed real estate agents in Singapore declined last year, likely as a direct result of the property slowdown in the city-state.\n\n\nAs of the start of 2016, the Council for Estate Agencies (CEA) has licensed 1,369 estate agents and registered 29,262 salespersons.\n\n\nIt said that a total of 104 estate agents and 3,573 salespersons left the industry during 2015.\n\n\nIn the past year, there were 1,299 new salespersons who joined the industry, down from the 3,006 new salespersons in 2014.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCommenting on the overall decrease in the number of registered salespersons, Heng Whoo Kiat, Director, Policy and Licensing, CEA, said: \u201cThis could be a reflection of the property market sentiments.\u201d\n\n\nHe added that salespersons are also probably mindful of the cost of being in the industry. Under CEA\u2019s regulatory framework, salespersons are obliged to commit time and resources to meet the continuing professional development requirements for annual renewal of their registration.\n\n\nNew entrants to the industry, they have to complete a course and pass a qualification examination.\n\n\nThe Council for Estate Agencies (CEA) is a statutory board established in 2010 in Singapore under the Estate Agents Act to regulate and promote the development of a professional and trusted real estate agency industry. The key responsibilities of the CEA are to license estate agents and register salespersons, promote the integrity and competence of estate agents and salespersons, and equip consumers with the necessary knowledge to make informed decisions in property transactions.\n\n\nwww.cea.gov.sg\n\n"} {"url": "https://www.dotproperty.com.my/blog/fewer-malaysian-buyers-in-sg", "title": "Fewer Malaysian buyers in SG", "body": "\n\n\n\nThe proportion of foreign home buyers in Singapore fell slightly to 24.6 percent in Q4 2015, marking a fifth consecutive quarter of decline.\n\n\nAccording to the \nlatest research from real estate firm Knight Frank\n, Chinese home buyers made up 31.1 percent of total transactions contributed by foreigners, regaining its position as the top foreign home buyer of Singapore residential properties after two consecutive quarters of falling behind Malaysians. The latter accounted for approximately 23.5 percent of total transactions in Q4 2015. Indonesian buyers were a distant third, forming 7.6 percent of total foreign transactions.\n\n\nThe motivations behind this trend are largely unchanged for the last three months in 2015; the slowdown in the Chinese economy, as well as uncertainty in Malaysia\u2019s political scene and the Ringgit\u2019s erratic movement have encouraged the respective groups of foreign home buyers to seek more stable investment havens like Singapore.\n\n\nSingapore-wide private home prices (including Executive Condominiums) fell by 0.5 percent q-o-q in Q4 2015, marking the ninth consecutive quarter of decline.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOverall rents slipped 1.3 percent q-o-q. Total transaction volume for the fourth quarter declined by 23.1 percent q-o-q, with new sale volume recording a significant quarterly drop of 33.5 percent q-o-q. Chinese nationals regained its position as the top foreign homebuyer of Singapore properties.\n\n\nPrivate Residential Sector\n\n\nOverall transaction volumes increased on a whole-year basis, propped up by transactions in the Outside Central Region (OCR). The last quarter of 2015 saw total transaction volumes of 3,199 units (new sales, subsales and resales), representing a 23.1 percent q-o-q increase. On a whole-year basis, the total number of units transacted increased by 9.9 percent to 14,117 units. The positive performance in 2015 can be attributed to an increase in transactions in the OCR segment, particularly in the primary market.\n\n\nTransaction volume of the mass-market OCR segment saw the largest q-o-q decline of 51.1 percent to 1,445 units. This was mainly led by a slowdown in new sale units, which fell by a notable 69.3 percent to 638 units. The two preceding quarters had seen greater transaction activity stemming from popular new project launches, such as High Park Residences, North Park Residences, and Botanique at Bartley.\n\n\nOn the other hand, the mid-tier Rest of Central Region (RCR) segment experienced 85.9 percent q-o-q growth to 1,366 transactions, of which 901 units were primary sales, reflecting a more than three-fold quarterly increase. This was attributed to well-received projects in the RCR, such as Principal Garden, The Poiz Residences and Thomson Impressions.\n\n\nPrices for private homes continued to decline amid weak demand. According to the URA All Residential Property Price Index, private residential home prices (including EC) declined by 0.5 percent q-o-q or 3.7 percent y-o-y in Q4 2015. The OCR saw no change on a quarterly basis, while the Core Central Region (CCR) and RCR saw q-o-q declines of 0.3 percent0 and 0.4 percnt respectively. Notably, the 4.3 percent year-on-year (y-o-y) drop in RCR prices was most pronounced, followed by OCR at 3.7% percent and CCR at 2.5 percent.\n\n\nIn line with broad trends, prices of private landed properties also fell by a notable 1.8 percent q-o-q and 4.1 percent y-o-y. For the last quarter of 2015, the All Residential Property Rental Index fell by 1.3 percent q-o-q and 4.5 percent y-o-y.\n\n\nRents for private non-landed properties declined 1.1 percent q-o-q while that for private landed homes saw a more significant drop of 2.3 percent. However, on a y-o-y basis, the slide in private non-landed home rents was slightly higher at 4.6 percent than that for private landed home rents at 4.5 percent decline.\n\n\nOutlook\n\n\nTotal new sales volume to ranged between 1,000 and 1,200 units in Q1 2016. With some highly-anticipated projects being lined up for launch, the first three months of 2016 were likely to see a higher number of newly-launched units. Nevertheless, in light of the prevailing economic uncertainties and recent hikes in the Singapore Interbank Offered Rate (SIBOR) pushing up mortgage costs, homebuyers are expected to remain highly cautious when making their purchase decisions.\n\n\nAs such, total developers\u2019 sale volume for Q1 2016 is forecast to range between 1,000 and 1,200 units.\n\n\nIn view of the government\u2019s recent reiteration that it is still \u201ctoo early\u201d to lift property market curbs and as economic growth patterns may turn south for Singapore, homebuyers\u2019 sentiments are likely to remain largely muted.\n\n\nAs developers continue to price their developments realistically to drive sales and avoid hefty extension charges on unsold units, the downward trend in prices is expected to continue into Q1 2016.\n\n\nIn light of the notable q-o-q increases in unsold stock in Q4 2015 for RCR and OCR properties, annual price falls of 2.0 percent to 2.5 percent and 2.0 percent to 4.0 percent are expected in Q4 2016 respectively. In particular, the upcoming launches of two ECs in the first three months of 2016, Wandervale and Parc Life, are expected to further add to the competition for mass-market homebuyers.\n\n\nWith shrinking unsold inventory and a sizable pool of homebuyers scouring for value-buys in the high-end segment, annual price falls for luxury homes are likely to be more moderated, in the range of 1.5 percent to 2.0 percent in Q4 2016.\n\n\nAs at Q4 2015, the vacancy rate of private residential units was 8.1 percent, a slight increase from the 7.8 percent recorded in the previous quarter. Some 21,906 private residential units are expected to be completed in 2016, higher than the 18,634 units of new supply in 2015. The large upcoming supply is expected to put downward pressure on rents as landlords face more competition for a shrinking pool of tenants.\n\n\nThe continued tightening of foreign hiring and reductions in housing allowances are likely to lead to landlords moderating their asking rents in order to secure and retain tenants. As such, overall private home rents are expected to see an annual decline of between 4.0 percent and 6.0 percent in Q4 2016.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/filinvest-land-nabs-three-honors-dot-property-philippines-awards-2022-win", "title": "Filinvest Land nabs three honors at the Dot Property Philippines Awards 2022", "body": "\n\n\n\nBest Developer North Luzon\n\n\nBest Developer Visayas\n\n\nBest Developer Mindanao\n\n\n\n\nThe expertise and quality of Filinvest Land can be found across the country. It should come as no surprise that the talented homebuilder collected three honors at the Dot Property Philippines Awards 2022 with its work in North Luzon, Visayas and Mindanao recognized.\n\n\nFilinvest Land was presented with the awards for Best Developer Visayas and Best Developer Mindanao once again in 2022. This was the second consecutive year the firm won both honors and is proof of its commitment in these regions.\n\n\nVisayas and Mindanao are home to growing property markets and the work of Filinvest Land in each one is important in ensuring people here can enjoy the same high-quality residential experience found elsewhere in the Philippines.\n\n\n\u201cWherever we are, we carryover the same principles of creating green and sustainable developments for our homeowners. In these areas, we are building on our previous successes. This is also our way of reaching out to our fellow Filipinos and helping them own their own homes as our ethos at Filinvest is building the Filipino dream,\u201d \nTristaneil Las Marias, Senior Vice President at Filinvest Land Inc., told Dot Property Group last year\n.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIn addition to those two honors, Filinvest Land also won Best Developer North Luzon at the Dot Property Philippines Awards 2022 for the first time. Demand for housing products here has increased significantly in recent times and the homebuilder\u2019s efforts here are allowing this to be met.\n\n\nStrong demand for housing in the provinces outside of Metro Manila helped Filinvest Land reach residential revenue growth of nine percent during the early part of 2022. Meanwhile, sales to OFWs started to recover with the developer working closely with this market.\n\n\nRead More:\n\u00a0\nSMDC and RLC Residences lead an impressive collection of winners at the Dot Property Philippines Awards 2022\n\n"} {"url": "https://www.dotproperty.com.my/blog/first-transit-oriented-development-malaysias-glenmarie-area-takes-shape", "title": "The first transit-oriented development in Glenmarie takes shape", "body": "\n\nMak Hon Weng, Chief Operating Officer of Sg. Besi Construction Sdn Bhd, speaks during the MoU ceremony for The Glenz\n\n\nGlenmarie is one of Selangor\u2019s most exciting areas and one that property investors will want to be familiar with. It is already a central business hub with more than 80 multinational corporations based here. And now Sg. Besi Construction Sdn Bhd is hoping to make it a true lifestyle destination with The Glenz, a complex hailed as the first transit-oriented development in Glenmarie.\n\n\nThe project is next to a Kerjaya LRT3 Station. The under construction line will help serve the Western Corridor of Klang Valley when it opens. The Glenz contains 262 suites, 168 offices, eight multi-storey shops, grocery store and The Kensington Business Hotel.\n\n\nThe exciting project is starting to take shape after developer Sg. Besi Construction Sdn Bhd signed a Memorandum of Understanding with several prospective tenants and business owners for its food and beverage zone, corporate offices, pre-school and supermarket. Hailed as an integrated lifestyle project, The Glenz promises the public the utmost convenience with everything at their fingertips.\n\n\n\u201cThe Glenz is an exciting business address strategically located and intelligently built with ample parking bays. It is an integrated development that offers a conducive and convenient place for work and leisure pursuits besides being an excellent investment opportunity,\u201d Mak Hon Weng, Chief Operating Officer of Sg. Besi Construction Sdn Bhd, explained during a press conference.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHe added, \u201cThe Glenz is expected to add value creation to Glenmarie with its well-planned low density profile. Being priced lower as compared with other transit-oriented developments with similar density, he says this is a golden opportunity not to be missed.\u201d\n\n\nThe Glenz\n\n\nDuring the MoU ceremony, upscale grocer Oliver Gourmet agreed to serve as the anchor tenant with Union Artisan Coffee; Fei Fan Hotpot; Ying Ker Luo Hakka Cuisine, Japanese dessert chain Fuwagori and Maruki Ramen Tokyo among the F&B options. The first WeGlam beauty hub in Malaysia is also set to open at The Glenz.\n\n\nMeanwhile, several firms reserved office space including Jiangsu Suzhong Construction Group Co., Ltd, one of China\u2019s largest private international contractors. Additionally, Vestland Group, Armani Group and KPR Group all booked en bloc floors.\n\n\nThe Glenz is a freehold development spread across 2.52 acres in Glenmarie that is situated close to a thriving education and medical hub. The developer noted this, along with the LRT connectivity, means the project will be one of the most in-demand addresses in the area.\n\n"} {"url": "https://www.dotproperty.com.my/blog/flight-bookings-pickup-borders-reopen-southeast-asia", "title": "Flight bookings pickup as borders reopen in Southeast Asia", "body": "\n\nFlight bookings to destinations across Southeast Asia are increasing with several countries having loosened restrictions on inbound arrivals. While numbers are still well below pre-pandemic levels, online travel company Skyscanner is seeing a noticeable jump in people making plans to head overseas.\n\n\nAccording to the travel firm, flight bookings made by travelers based in Great Britain, the United States and Germany increased by 19 and 300 percent when comparing December 2021 and January 2022. That coincided with Thailand and the Philippines, among other countries, rolling out plans to welcome vaccinated visitors.\n\n\n\u201cFrom Skyscanner\u2019s global footprint, we\u2019ve seen that when restrictions do ease, travellers react and are willing adapt to new measures in order to be able to travel internationally again,\u201d \nSkyscanner Senior Regional Director Asia Pacific Paul Whiteway told Reuters\n. \u201cOver the coming weeks, we will see markets react to the news, airlines announcing new schedules and building capacity to allow the return of international travel at scale.\u201d\n\n\nSoutheast Asia reopens for tourism\n\n\nBoth Thailand, the Philippines, Singapore and Indonesia have reopened to vaccinated travelers which has contributed to the increase in flight bookings.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThailand resumed its Test & Go scheme on February 1. The program, which first ran between November and late December 2021, allows tourists to enter the Kingdom quarantine free assuming they follow certain guidelines.\n\n\nRead More:\n \nTest & Go returns as Thailand welcomes visitors once again\n\n\nOver in the Philippines, arrivals are being welcomed back for the first time in nearly two years. Travelers are required to present a recent negative COVID-19 test along with proof of vaccination in order to be allowed entrance.\n\n\nKeep reading:\n \nVaccinated tourists allowed to enter the Philippines starting Feb. 10\n\n\nElsewhere, \nSingapore has established Vaccinated Travel Lanes with 21 countries that allow for quarantine-free visits\n. Bali in Indonesia began welcoming tourists on February 4.\n\n"} {"url": "https://www.dotproperty.com.my/blog/flights-heading-phuket-tourism-recovery-picks-steam", "title": "More flights heading to Phuket as tourism recovery picks up steam", "body": "\n\nThe number of flights into Phuket international Airport is increasing\n\n\nThailand\u2019s tourism recovery is still in its early days but there are some signs that things are heading in the right direction. Most notably in Phuket where the number of international flights continues to increase.\n\n\nEarlier in November, \nS7 restarted service from Russia to Phuket\n, joining Aeroflot as Russian carriers resuming Thailand-bound routes. According to reports, nearly 140 visitors were onboard the first S7 flight which departed from Irkutsk.\n\n\nServices between Phuket and Australia are set to resume in December\n with Thai Airways announcing a non-stop Sydney-Phuket route. Additionally, low-cost carrier Jetstar has said it plans to restart service between the two cities in January.\n\n\nThe decision was made after the Australian government reversed a ban on citizens leaving the country without permission. Restrictions on vaccinated non-citizens are expected to be eased before the end of the year.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCurrently, Thai Airways operates service from London, Frankfurt, Munich, Paris, Copenhagen, Stockholm and Zurich to Phuket. Some of the routes are non-stop while others go through Bangkok.\n\n\nAccording to the Phuket Tourism Council, there has also been a huge uptick in domestic tourism. There are now roughly 30 domestic flights arriving daily with these bringing an estimated 4,000 to 5,000 visitors to the island.\n\n\nRelated:\n \nDon\u2019t call it a comeback but signs of life return to a much-improved Phuket\n\n\nLooking ahead, local officials are optimistic regarding the tourism recovery in Phuket, although they understand the situation can change at a moment\u2019s notice.\n\n\n\u201cIt\u2019s too early to assess revenue and tourist numbers right now, but we think that next year, throughout the whole year, there will be 2.6-3 million tourists if there are no events that cause travel to deteriorate,\u201d Khun Bhummikitti Raktaengam, President of the Phuket Tourist Association, told the Phuket News. \u201cThe projected volume is still less than 30 percent compared with before the outbreak, and is based on the current situation. If things change, there could be more [visitors], or there could be less, we don\u2019t know. Or if the rules change, we\u2019ll have to look again.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/football-property-manchester-city-keeps-winning", "title": "Football & Property: Why Manchester is the city that keeps winning", "body": "\n\nManchester City once again won the Premier League for a second year in a row and has a chance to add the Champions League trophy to cap its impressive season. Regardless of if you love or loathe the Citizens, it\u2019s impossible to deny the success they\u2019ve had. At this point, you\u2019re probably wondering what exactly this has to do with real estate.\n\n\nWell, much like how Manchester City climbed to the top of the Premier League, the Manchester property market is arguably the best performing one in the UK. Thanks to fast rising property prices, a bullish rental market and strong peripherals, the city has become a bona fide hotspot among real estate investors.\n\n\nWhy Manchester property investment? \n\n\nManchester is delivering property investors the highest levels of price growth in the UK and it looks set to carry on into the future. Research from Cushman & Wakefield found that housing prices could rise by as much as 57 percent between 2018 and 2028 placing the city at the top of the UK residential price growth table.\n\n\nBut that is only half of the story. Rental yields in Manchester are among the highest in the UK. As of November 2018, average yields in Manchester were 69 percent higher than those in London. Looking long-term, Manchester property investors will continue to achieve a continual growth in their annual rental returns as the city\u2019s rising population puts further pressure on the rental sector.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAnnual Rental Growth in Manchester\n\n\n\n\n\n\n2019\n\n\n3%\n\n\n\n\n\n\n2020\n\n\n3%\n\n\n\n\n\n\n2021\n\n\n3%\n\n\n\n\n\n\n2022\n\n\n3.5%\n\n\n\n\n\n\n2023\n\n\n3%\n\n\n\n\n\n\nTotal cumulative growth 2019-23\n\n\n16.5%\n\n\n\n\n\n\n\n\n*Research from JLL\n\n\nWhat\u2019s driving the Manchester Property Market? \n\n\nPerhaps the most exciting aspect of Manchester real estate investment is the what\u2019s driving the market. To start with, Manchester is officially one of Europe\u2019s fastest growing cities. The Manchester City Council is supporting an ambitious plan to create a world-class city by 2025 and is focusing on everything from education to infrastructure in order to accomplish its goal.\n\n\nThe business community has already taken note of this push and several multinational corporations, including Amazon and Hewlett Packard, relocated or opened satellite operations in Manchester. The local government estimates that 16,300 new jobs will be created in the city centre by 2021, the highest total in the UK.\n\n\nWhere there are jobs, people will follow and this has been the case in Manchester. The city has become especially attractive for Londoners looking to escape the capital\u2019s soaring property prices and lack of employment opportunities. The Guardian reported that nearly 300,000 people are moving out of London each year with Manchester among this group\u2019s most popular destinations.\n\n\nWhat\u2019s more, Manchester has a 69 percent graduate retention rate of its university students, meaning over 68,000 new graduate workers are added to the city\u2019s economy each year. With graduates staying put, Manchester has built one of the biggest \u2018Generation Y\u2019 populations in the country. This group, aged 18-34, is a key demographic for Manchester\u2019s rental market.\n\n\nWhere are the Manchester real estate opportunities?\n\n\nBetween 2018 and 2022, 11,000 new jobs in the Manchester city centre are forecast to be created, but only 4,000 new purpose-built rental homes are set for delivery during this time, according to Colliers International.\n\n\nAt the moment, 70,000 people now live in the Manchester city centre with the majority renting an apartment. Looking ahead, the Manchester City Council reported that most population growth is going to be concentrated in city centre and surrounding wards during the next six years creating a huge opportunity for property investors in this area.\n\n\nAt the moment, Manchester city centre apartments are getting up to 10 enquiries per property with The Manchester Evening news finding that some apartments tenanted within one hour. For real estate investors, finding new build developments in the city centre is key if they want to take advantage of the rental market.\n\n\nElizabeth Tower at Crown Street\n\n\nElizabeth Tower at Crown \nStreet\n\u00a0is currently one of the fastest selling projects in Manchester. Located at the gateway of the city, this iconic 52-storey tower will be one of the highest residential buildings in the UK once completed. The development features breathtaking facilities that will ensure it becomes one of the most in-demand residential addresses in Manchester.\n\n\nThe 52-storey tower is situated within walking distance of Manchester\u2019s key economic hubs and vibrant leisure attractions with Deansgate, Manchester\u2019s main high street, and Spinningfields, the city\u2019s main financial district, both minutes away.\n\n\nSelect Property Group, the UK\u2019s leading property investment specialists, is representing Elizabeth Tower at Crown Street. The firm offers an end-to-end approach to UK property investment that is unrivalled in the marketplace. With offices in Europe, the Middle East, Southeast Asia and China, the company\u2019s talented worldwide investment teams offer a truly bespoke service, no matter where clients are.\n\n\nAnyone who registers for more information regarding Elizabeth Tower at Crown Street today will be eligible to receive an exclusive GBP3000 discount. However, due to the strong Manchester property market and high interest in the development, units will only be available for a limited time. Select Property Group recommends interested investors to act quickly in order to secure a unit.\n\n\nClick here for more information\n\n"} {"url": "https://www.dotproperty.com.my/blog/foreign-investors-and-local-markets", "title": "Foreign investors and local markets", "body": "\n\n\n\nForeign investors are often blamed for rising property prices but are they really to blame?\u00a0\n\n\nMalaysia has welcomed foreign investment with the scheme \nMalaysia My Second Home.\n\u00a0It has generated significant revenue stream for the country. Buying property overseas is not a new concept. Many do so for a variety of reasons but for some countries foreign investors are not welcome. This is exactly why JLL have looked further into the issue with their recent research report, \u2018Assessing the impact of foreign ownership on residential markets\u2019.\n\n\nThe real estate firm argues that since the 2008\u00a0global financial crisis some property markets in global cities have taken an upbeat turn. Low interest rates, high liquidity and more overseas investors have been cited as reasons for this. Even more recently in the UK, the\u00a0devaluing of the sterling\u00a0has resulted in many Asian investors purchasing property here due to\u00a0favourable exchange rates.\n\n\nBut how many foreigners are there?\n\n\n\n\nSydney:\n\u00a0foreigners are only permitted to purchase new projects and are estimated to make up to 15 to 25 percent of purchases in 2016.\n\n\nLondon:\n\u00a0different studies reveal varying figures. One suggests less than 20 percent, the other 13 percent.\n\n\nSingapore:\n\u00a0foreigners consist of between six and seven percent of sales volume in the private residential market, which makes up 25 percent of total residential stock and 30 of yearly residential transactions in Singapore.\n\n\nHong Kong:\n\u00a0foreign buyers make up four to five percent of total residential transactions.\n\n\n\n\nIn JLL\u2019s study they revealed why people are interested in investing in property overseas.\n\n\n1. For offspring\u2019s overseas education.\n\n\nIn Singapore at the National University Singapore and Nanvang Technological Technology international students make up 30 percent of attendees. Plus international students in the UK make up to 20 percent of the student population.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n1. Owner occupiers.\n\n\nThe United Nation\u2019s Migration Report 2015 revealed that 3.3 percent of the world\u2019s population live in a foreign country. A figure that continues to rise due to lowering costs for air travel and technological advances.\n\n\n3. Generate a rental yield.\n\n\nBuy-to-let investments are popular as they \ngenerate a healthy rental yield.\n\u00a0However this may a less likely investment asset as some\u00a0global cities such as London no longer enjoy a sizable rental yield due to high property prices. Therefore this may become less of a reason for overseas investors in the future.\n\n\n4. Wealth diversification and preservation.\n\n\nCities such as Singapore, London and Hong Kong are considered safe havens. A good place to park your money. They are politically sound that ensue investor confidence. Traditionally they also receive significant capital appreciation, e.g. before the market softened in Singapore, prices increased by as much as 70 percent.\n\n\nReport findings\n\n\nJLL were able to draw on a number of themes throughout the study as follows:\n\n\n1. High vacancy rate are not a result of foreign investors.\n\n\n85 percent of Asian owners in London plan to let their property out. Many want to generate an additional income from their property so the vacancy rate is down to supply and demand rather than the number of foreign investors. So contrary to\u00a0popular belief many foreign investors do not leave property empty.\n\n\n2. Overseas investors do not increase rents.\n\n\nIn Hong Kong rents make up 43 percent of household incomes. But the number of foreign purchasers here is not that high. JLL believe that rent affordability is due to a lack of affordable housing and wealth distribution management.\n\n\n3. Foreign purchasers do erode price affordability.\n\n\nWhat foreign investors do is push up prices. This can be seen in London, Hong Kong, Sydney and Melbourne, where there the supply and demand mechanism is not balanced and is pushed even more out of kilter\u00a0by foreigners placing even more demand on the market.\n\n\nFinal conclusion\n\n\nSo can we blame foreign investors for contributing rising property prices? JLL blame a lack of supply rather than foreigners for this. They use London and Hong Kong as good examples as both markets face of shortage where one house is built for 5.4 and 4.5 additional persons exacerbating the situation.\n\n\nInterestingly foreign investors are needed. Not only do they increase the supply to rental markets but they help fund projects through pre-sales. Essential according to developers in reducing their\u00a0risk.\n\n\nHowever JLL do state that many cooling measures such as higher taxes enforced on foreign investors are inefficient. Rather they believe an empty property tax should be levied instead to help alleviate vacancy rates. Plus governments should allow owners to use platforms such as\u00a0\nAirbnb\n\u00a0will help keep occupancy rates high.\n\n"} {"url": "https://www.dotproperty.com.my/blog/foreign-investors-still-keen-malaysia-despite-government-comments", "title": "Foreign investors still keen on Malaysia despite government comments", "body": "\n\nProperty in Johor Bahru has been targeted primarily by Chinese buyers, a trend not lost on the government\n\n\nWhen Malaysian Prime Minister Mahathir Mohamad spoke out against foreign real estate ownership, there was some concern it could impact the country\u2019s property market. In particular, comments about how property assets held by foreigners does not guarantee them automatic residency caused some concern.\n\n\nIn the Prime Minister\u2019s crosshairs was the Forest City project in \nJohor Bahru\n, a development that has been marketed extensively to China. According to a report from Reuters, roughly 70 percent of units in the development were sold to Chinese buyers with the government concerned those taking up units were using them as a foothold to live in Malaysia.\n\n\nSee more:\n \nWill the Malaysian election hurt overseas property investment?\n\n\nThe government has since clarified Mahathir\u2019s comments with a statement from the Prime Minister\u2019s Office reading, \u201cOn property purchases by foreigners, irrespective of nationality, Malaysia imposes certain conditions, and information on these conditions are publicly available. Purchase of properties, however, does not guarantee automatic residency in the country.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHowever, it appears as if these comments have done little to shake the confidence of foreign real estate investors. In fact, data from leading Chinese international real estate website Juwai.com shows more mainland buyers are jumping back into the market.\n\n\n\u201cPrime Minister Mahathir\u2019s comments discouraged all overseas buyers, not just Chinese, by injecting a shot of uncertainty into the market. What our data suggests is that the decline in buyers has not been so great as sometimes believed and that a recovery is very much underway,\u201d Carrie Law, CEO and Director of Juwai.com, explained.\n\n\nShe continued, \u201cOur data shows Chinese buyers made 10-times more inquiries on Malaysian property in September than in the same month last year. That is the largest growth rate we have seen yet this year.\u201d\n\n\nOne reason for the positivity is the fact that nothing new is being said about foreign property ownership in Malaysia. Instead, the government is highlighting existing policies that have been in place for a long time. For Chinese investors, there are several other reasons why the country is a top pick for property.\n\n\nSee more:\n \nChinese real estate investors target Malaysia for value\n\n\n\u201cDuring the last 90 days, there has been less than 0.5 percent currency volatility between the Yuan and the ringgit. That indicates a stable currency relationship between the two countries. And because of price declines, this makes Malaysia a serious choice for Chinese buyers,\u201d Law stated. \u201cCultural reasons also favour Malaysia over competing markets, like Thailand, for example.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/forestias-named-thailand-peoples-choice-award-project-year-2021-ab", "title": "The Forestias named Thailand People\u2019s Choice Award for Project of the Year 2021", "body": "\n\nThis article appeared in the most recent issue of Dot Property Magazine. \nClick here to read it\n!\n\n\nAs one of the few honors to be voted on by the public, the Thailand People\u2019s Choice Award for Project of the Year 2021 is truly unique. This year saw 11 of the country\u2019s best and brightest real estate projects secure a spot as finalists.\n\n\nOnline voting took place in November with the votes tallied shortly before the Dot Property Thailand Awards 2021 Presentation Day in Bangkok with the winner being revealed during the festivities.\n\n\nThailand People\u2019s Choice Award for Project of the Year 2021 was won by The Forestias from developer MQDC. The impressive mixed-used development also took home three other honors during the Dot Property Thailand Awards 2021, securing its spot as the top project in the Kingdom this year.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThailand People\u2019s Choice Award for Project of the Year 2021 Finalists\n\n\n\n\nAnchan Hills\n\n\nThe Forestias\n\n\nSanti Pura Villas\n\n\nThe Plantation Estates\n\n\nGrand Bangkok Boulevard East Rama 9\n\n\nBangkok Boulevard Donmueang \u2013 Chaengwatthana\n\n\nArom Wongamat\n\n\nThe Residence\n\n\nThe Victory Tait 12\n\n\nNoble Form Thonglor\n\n\nLife Sierra Sathorn\n\n\n\n\nThe Forestias joins The Estelle Phrom Phong from Raimon Land (2020) and BEATNIQ from SC Asset (2019) as previous winners of Thailand People\u2019s Choice Award for Project of the Year.\n\n\nRelated:\n \nThis project is building a forest in Bangkok\n\n"} {"url": "https://www.dotproperty.com.my/blog/forget-fintech-proptech-take-off-southeast-asia", "title": "Forget about fintech, proptech is about to take-off in Southeast Asia", "body": "\n\nSansiri and its San:Dee robot show how Southeast Asia-based developers are getting involved in proptech\n\n\nSoutheast Asia is not a backwater when it comes to proptech startups, but the sector has failed to take off in the same manner as fintech. However, this could soon be changing. Challenges and competition throughout the Southeast Asia real estate sector means proptech is needed now more than ever before.\n\n\n\u201cProptech, to be placed in context, has lags behind the fintech revolution by almost a decade in Southeast Asia. One of the contributing reasons is that the real estate sector across Southeast Asia has enjoyed strong organic growth and the traditional way of doing things yielded good profits,\u201d Pauline Chong, Principal at Cento Ventures, states. \u201cThis is quickly changing with rising financing costs and a cooling economic climate. There is now a strong incentive for real estate corporates and governments to invest in an improved way of delivering a better customer experience and improved productivity across the sector.\u201d\n\n\nAccording to Cento Ventures, a Singapore-based venture capital firm, there was USD14 billion invested in global proptech last year, but only USD380 million was committed to Southeast Asia. This means there are opportunities, especially for local startups, to succeed in the proptech space if they can tap into what the local markets need.\n\n\n\u201cProptech is relatively underinvested into compared with other VC investment themes such as fintech, gaming and consumer tech. Cento Ventures\u2019 near decade of tech investing in this region tells us that Asia-based startups remain highly relevant as their business models are calibrated for our region,\u201d Chong says. \u201cHence, to achieve the right proptech solutions our region requires us to invest back into our region to build regional winners.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBefore looking too far ahead, it\u2019s necessary to look back and ask: why did fintech take off in Southeast Asia while proptech took a back seat? A lot of it was due to circumstance.\n\n\n\u201cIn countries such as the Philippines and Indonesia, fintech initiatives have taken off largely around providing financial services to the unbanked. Micro lending, P2P lending have all gained traction as traditional banking systems have been unable to cost effectively reach this group of consumers,\u201d Chong explains. \u201cIn more financially developed markets in Southeast Asia, such as Singapore, Malaysia and Thailand, fintech received a strong boost from governments and banks to move towards digital transactions and cashless societies.\u201d\n\n\nProptech moves forward in Southeast Asia\n\n\nChong notes that there are a dozen real estate corporates in the region already trialing new innovation products to better business operations, from construction tech to sales management tools. This can be seen as an indicator that Southeast Asia is ready to embrace proptech going forward.\n\n\nProperty developers in Southeast Asia are getting in on the act as well. One of Thailand\u2019s largest developers, Sansiri, announced that it would invest USD47.3 million in proptech between 2018 through 2020 via its Siri Ventures arm. Also in Thailand, Ananda Development created its own venture capital firm, Ananda Urban Tech, to expand its reach into the proptech sector.\n\n\n\u201cIt is helpful to have forward thinking real estate developers invest in and sponsor proptech. In our experience, a fruitful outcome is when both strategic investor and VC come together to help build an ecosystem. In this way, strategic investors get access to useful technology advancements while VCs help startups to grow and capital plan their business trajectory,\u201d Chong notes. \u201cThe more engagement we have from real estate corporates, the better inputs there are to technologists to build better solutions.\u201d\n\n\nThat being said, developers and large real estate corporates need to be smart about investing in proptech. Massive blanket investments with no clear aims can end up causing more harm than good.\n\n\nPauline Chong, Principal at Cento Ventures\n\n\n\u201cAt the end of the day, it is a question of shareholder value creation for real estate corporates if investing directly into a startup. Is this the best use of corporate resources and management time? Warehousing young startups is challenging as they require a broad array of assistance from product solutioning, business development, valuation assessment to structuring their board and considering financing options,\u201d Chong reports.\n\n\nShe continues, \u201cNot all these needs can be satisfied through a strategic investor that has a large existing business to operate. Therefore, we recommend that real estate developers define clearly a stage of proptech investment at which they are ready to engage and resource accordingly for it. They should continue to work with VCs on their proptech investments and portfolios as VCs bring their own set of skills to the table.\u201d\n\n\nInvest in proptech or property\n\n\nFor investors, they need to ask themselves if they would rather be investing in Southeast Asian property or Southeast Asian proptech.\n\n\n\u201cThe answer to this is particular to the risk and return expectations of the investor. Proptech venture capital investments can be highly lucrative and we see an influx of larger, late stage private equity investors entering the market now,\u201d Chong says. \u201cProptech unicorns such as Lianjia in China and Prop Tiger in India are good examples in terms of the value created in these companies. Airbnb is now valued at USD35-40 billion and potentially headed for an IPO next year.\u201d\n\n\nReturns for proptech investors, especially early ones, are staggering. However, the opportunities in traditional Southeast Asia property investments are still worth considering although they may not be as lucrative as proptech investment.\n\n\n\u201cProperty as an asset class has its attractions as well. Its brick and mortar nature and financing leverage can help juice up returns, but tends to perform high single-digits on a total returns basis. The financial risk is less, but the return profile adequately reflects that,\u201d Chong states.\n\n\nShe adds that if an investor is sufficiently capitalised, they can consider spreading out their investments to get a broad portfolio comprising of real assets and private equity/venture capital. It\u2019s the proverbial best of both worlds.\n\n\nA unique approach to proptech investing in Southeast Asia\n\n\nCento Ventures\u2019 proptech fund focuses on the Asia Pacific region. The firm looks at startups that deliver a product or service that either enables or disintermediates the real estate sector. These can include directly adjacent businesses that address logistics as well as environmental and sustainability solutions since they can impact value creation within the real estate sector.\n\n\n\u201cBased on our past investment experience, we know the key to unlocking value lies in the in-country or regional know-how to create successful businesses that are well suited to the market needs,\u201d Chong points out.\n\n\nAdditionally, the VC firm has plans for a further regional Southeast Asia early stage fund and in addition to the proptech fund. Centro Ventures also has fintech- and fashion tech-focused funds.\n\n\n\u201cWe have almost a decade of investing into early stage startups in Southeast Asia and neighbouring growth markets. Our investment strategy involves looking at digitising sectors and investing early, with a goal of building regional winners,\u201d Chong explains. \u201cWe take a data-driven approach to assessing investment opportunities and allocate resources to supporting our portfolio companies extensively. We are pro-founder and have a diversity of skill sets and experiences across the firm ranging from VC, tech to private equity, entrepreneurship, banking and management consulting.\u201d\n\n\nFor more information on Cento Ventures, please visit: www.cento.vc\n\n"} {"url": "https://www.dotproperty.com.my/blog/forget-work-home-time-work-paradise", "title": "Forget work from home, it\u2019s time you work from paradise", "body": "\n\nAnchan Hills in Phuket is perfect for those wanting to work from paradise\n\n\nWork from home is clearly not going anywhere. Even when the situation returns to normal, a lot of employees won\u2019t be going back to the office. Having come to this realization, you\u2019re starting to see people scooping up properties in Thailand\u2019s resort areas. After all, why work from home when you can work from paradise?\n\n\nPhuket\n and Samui remain ideal destinations if you\u2019re looking to leave the city life behind. They have beautiful beaches and modern conveniences as well as a lot of great residences to choose from. Additionally, a special tourist visa scheme means it is still possible to travel to the Kingdom. Upgrade your office and work from paradise.\n\n\nWork from paradise at these amazing Thailand projects\n\n\nAnchan Hills\n\n\nLocation:\n Phuket\n\n\nPrice:\n THB16.9 million\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nA look inside Anchan Hills\n\n\nAnchan Hills is one of Phuket\u2019s most prestigious residential estates and it is perfect for those wanting to work from paradise. No expense has been spared to create a luxurious living experience with each villa featuring high-end components. Every last detail has been cared for in order to create a truly unique residence.\n\n\nJust imagine opening your laptop as a refreshing breeze comes into your living room. Each villa has airy, connected spaces in addition to European-style kitchen, built-in wardrobes and a number of other spectacular amenities. Simply put, living at Anchan Hills is a dream come true.\n\n\nClick here for more information\n\n\nChariya Residence\n\n\nLocation:\n Koh Samui\n\n\nPrice:\n THB5.9 million\n\n\nChariya Residence offers luxury living at an affordable price\n\n\nThere is nothing better than a luxury condominium at a competitive price point that has amazing views of the ocean. \nEach apartment at Chariya Residence has been designed to maximize light, space and practicality while providing sea vistas\n. What\u2019s more, they come fully fitted and beautifully furnished meaning you can move in today if you\u2019d like.\n\n\nChariya Residence also boasts a large, infinity-edge swimming pool and expansive poolside terrace that has its own restaurant. This project is well suited to anyone seeking the Samui lifestyle.\n\n\nClick here for more information\n\n\nSerene Condominium\n\n\nLocation:\n Phuket\n\n\nPrice:\n THB2.7 million\n\n\nSerene Condominium has a number of work from home features\n\n\nWant to live in a lush, tropical retreat? \nLook no further than Serene Condominium, a gamechanging development in Phuket\n. Buildings are covered with leafy plants and trees in order to cool down the area and reduce its carbon footprint. Additionally, solar panels were installed on the rooftop which provide clean, renewable energy. These are just a couple of the eco-friendly innovations found throughout the developments.\n\n\nSerene Condominium is also designed with work from home in mind. There is an outstanding, modular design that takes full advantage of the space. Meanwhile, cutting-edge features, such as wireless charging and USB plugs, come standard in addition to a furniture package which is included in the sales price.\n\n\nClick here for more information\n\n"} {"url": "https://www.dotproperty.com.my/blog/france-where-and-what-to-buy", "title": "France: Where and what to buy", "body": "\n\n\n\nProperty buyers and investors are finally returning to France\u2019s real estate market after three years of dismal performance.\n\n\nProperty prices are now becoming a source of hope after a sudden increase in the volume of transactions towards the end of last year. During November 2015, 792,000 transactions were recorded, a 12.5 percent increase on the same month last year. The surge of interest can be attributed to a few factors, including the large supply of listed residential property, motivated sellers and economic risk, which has investors choosing tangible assets like real estate over volatile stocks and bonds.\n\n\nLack of new builds pushes existing home sales\n\n\nIndustry experts are not convinced that the French property market is quite recovered yet, especially since quarterly house prices in Metropolitan France have been showing year-on-year declines since 2012, according to the National Institute for Statistical and Economic Studies (INSEE).\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIn fact, Martin Janiko of economy.com reported that prices will no doubt continue to fall until the end of 2016 in light of the poor GDP performance and lack of wage growth. Nevertheless, while the reasons behind the stark increase in November transactions are not yet clear, existing property has somewhat benefited from it.\n\n\nThe number of transactions for existing property rose sharply during 2015 after lower government approvals on new projects caused a 4.1 percent decline in residential construction. In turn, existing property prices gained slightly (0.3 percent) in the third quarter of 2015 compared with the previous quarter. According to a CGDD ECLN survey in November 2015, 22,600 new homes were reserved between July and September, marking a 16 percent increase on reservations during the same period in 2014.\n\n\nRepublic in price purgatory\n\n\nAdmittedly, last year wasn\u2019t a fantastic year for French property despite November\u2019s brief upturn. In fact, the only region demonstrating decent price growth is the island of Corsica, which is also a popular tourist destination for French holidaymakers.\n\n\nIn Greater Paris overall prices picked up in the third quarter but decreased by 1.3 percent on the previous year. Prices are not expected to change much in the coming months. Furthermore there is a shortage of studio and one-room apartments which leaves buyers without any bargaining power. The median price per sqm in Paris is \u20ac8,020.\n\n\nIn the French provinces, flat prices (\u20132.3 percent) suffered more than houses (\u20131.7 percent) from the decline according to figures from Notaires de France. Cities with positive price growth are relatively provincial in terms of distance from the capital, but have excellent access by road, rail and even internal flight connections.\n\n\nPrices in Tours, Limoges, Lyon and Strasbourg are all growing. Tours is a historical town and gateway to the famous Loire Valley Chateaux within 2 hours of Paris. Lyon, close to the Swiss border is a beautiful city with strong chemical and pharmaceutical industries.\n\n\nStrasbourg, home to many famous EU institutions, is located on the border with Germany. Limoges, the least well known city of the group, is a recognised \u201cgreen capital\u201d with relatively low livings costs, surrounded by rolling hills and quaint villages.\n\n\nForeign buyer popularity declines\n\n\nThe proportion of transactions to non-residents has been declining since the \u201908 crisis, making up just 1 percent of all sales in 2015 compared with 2.8 percent during the 2006\u201307 peak. According to research by BNP Paribas, British are by far the biggest foreign buyers in France, accounting for almost one-third (32.6 percent) of all sales to non-residents, followed by Italians (15.3 percent) and Belgians (11.1 percent).\n\n\nDespite a fall in British activity in France, they still greatly outnumber other nationalities especially in the centre and the West. The most popular parts for U.K. buyers remain old favourites like Normandy, Brittany, the Dordogne and the Loire.\n\n\nRegions that are further east and/or south tend to have a different buyer hierarchy. For example, Italians are the main buyers (28 percent) in PACA while Belgians are a lot more active in the North East (28 percent) and only 7 percent of foreign buyers in Paris are British.\n\n\nRisks and revenue 2016\n\n\nFrench property is going to bounce back, however it is now a question of time and economic performance. There is no doubt that 2015 was a difficult year for the Republic, during which it was hit by devastating terror attacks as its economy struggled to pull GDP growth out of the mud. It achieved just 1.1 percent year-on-year GDP growth in Q2 2015 according to Eurostat.\n\n\nThe main factors determining foreign activity over the coming year in France will be the economic performance of buyers\u2019 home countries, low interest rates and of course, whether the U.K. is to stay or leave the European Union. The financial toll of this possible decision has already weakened the pound against the Euro.\n\n\nFor owners eyeing long-term revenue they can achieved it in two ways: holiday homes (that are not rented out) will gain in value over 10\u201315 years (once the initial buying expenses are recouped), making it worthwhile to resist panic and hold out the next few years in relative serenity.\n\n\nAlternatively, they can put it on the rental market and find long-term tenants that will provide steady income as France\u2019s most popular cities already have a surplus of short-term holiday property to let.\n\n\n\n\nMain image: Many foreign buyers dream of renovating one of France\u2019s many historic houses. By martinm303 / Depositphotos\n\n\nThis column was written by Bashitha Kariyawasam of property portal \nTranio.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/frasers-property-post-strong-results-thailand-led-residential-sales", "title": "Frasers Property post strong results in Thailand led by residential sales", "body": "\n\nFrasers Property Thailand has seen strong take-up at its Samyan Mitrtown commercial project\n\n\nThe ongoing COVID-19 pandemic had a minimal impact of Frasers Property Thailand as the fully-integrated real estate platform announced strong results for the third quarter of the current fiscal year. The performance was led by the firm\u2019s residential property business.\n\n\nGolden Land, the residential arm of Frasers Property Thailand, saw a 12.8 percent year-on-year revenue increase thanks in large part to significant demand for townhomes and townhouses. The developer specializes in detached housing projects located in Bangkok and upcountry. Pre-sales at Golden Land\u2019s 58 active projects totaled THB8.8 billion during the third quarter of the 2020 fiscal year.\n\n\nFrasers Property Thailand did see a decline when it came to its commercial property portfolio, but that was expected. The firm granted rental relief granted to tenants during the COVID-19 outbreak while its hospitality business has taken a significant hit due to the travel restrictions that remain in place. However, there were several bright spots as well.\n\n\nThe developer\u2019s office AUM occupancy is 94 percent while new tenants continue to move into its Samyan Mitrtown and The Parq retail spaces. The former has now reached 91 percent occupancy. Retail traffic has started to recover with Frasers Property Thailand having conducted several marketing events to bring in shoppers.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIn July, the company\u2019s Board of Directors approved a THB6 million divestment of industrial assets to the Frasers Property Thailand Industrial Freehold & Leasehold REIT in order. This will provide liquidity for future business ventures.\n\n\n\u201cFrasers Property Thailand will continue to closely monitor the COVID-19 situation and ensure that operations are carried out in a safe, effective and responsive manner for the well-being for our customers and employees. Overall, Frasers Property Thailand maintained a cautious outlook in the near-term given ongoing uncertainties on macro factors, despite better-than-expected performance in selective real estate sub-sectors,\u201d \nthe company announced in a press release\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/fulcrum-ventures-asia-group-makes-breakthrough-housing-developer-bangkok", "title": "Fulcrum Ventures Asia Group makes its breakthrough as a housing developer in Bangkok", "body": "\n\n\n\nBest Breakthrough Housing Developer\n\n\nBest Housing Development (New Launch) Bangkok \u2013 Panara Bangna-Suvarnabhumi\n\n\n\n\nFor Fulcrum Ventures Asia Group, the past 12 months have been a time of growth and success. The firm has built on its previous accomplishments to truly breakthrough as a housing developer in 2022. From the impressive launch of \nPanara Bangna-Suvarnabhumi\n to its thoughtful home designs, Fulcrum Ventures Asia Group has really elevated its operations.\n\n\nThis hard work did not go unnoticed. The homebuilder was presented with Best Breakthrough Housing Developer at the Dot Property Thailand Awards 2022. It was a special moment for Fulcrum Ventures Asia Group, who have put in a lot of effort over a short amount of time.\n\n\n\u201cThe entire team at Fulcrum Ventures Asia Group has worked hard. Although we are fairly new to this segment, we have been able to do pretty well. This is just the first of many awards we hope to win,\u201d Khun Ravi Puri, Executive Director Fulcrum Ventures Asia Group, states.\n\n\nThe launch of Panara Bangna-Suvarnabhumi was a turning point for the developer in 2022. Its combination of green spaces and home automation is ideally crafted for the \u201cNew Normal\u201d while the luxurious designs have also drawn praise. The project was named Best Housing Development (New Launch) Bangkok, an accomplishment Fulcrum Ventures Asia Group is delighted by.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cWe are just thrilled right now. (Winning) is a sign of our success. We are doing a lot of good luxury villa projects in Bangkok now. And this work has really helped us breakthrough as a developer this year,\u201d Khun Somsakd Sirkuruwan, CEO Fulcrum Ventures Asia Group, explains.\n\n\nUltimately, the Dot Property Thailand Awards 2022 marked the arrival of Fulcrum Ventures Asia Group as one of the Kingdom\u2019s top developers. They are certainly a homebuilder to keep an eye on moving forward.\n\n"} {"url": "https://www.dotproperty.com.my/blog/future-office-dependent-employees", "title": "The future of the office is dependent on employees", "body": "\n\nBusinesses must understand how the office fits into a hybrid working landscape\n\n\nThere is no shortage of approaches when it comes to the future of the office. Airbnb is getting rid of it entirely while \nElon Musk is taking a much different path\n. These are the extremes, however. CBRE Asia Pacific believes the office isn\u2019t going away, but it\u2019s role will change dramatically in the coming months and years.\n\n\nThe future of the office is dependent on employees. This means employers must be willing to utilize hybrid solutions while ensuring the workplace itself offers rich in-person experiences that remote working cannot provide.\n\n\n\u201cWith the pandemic having led many companies to incorporate increased levels of remote working into their current preferred workplace models to create a hybrid working approach, occupiers must now enhance their workplaces to deliver the type of seamless and engaging experiences that remote working cannot,\u201d the CBRE report noted. \u201cCBRE believes the creation of places where people work must be founded on understanding the changing nature of work in a hybrid world, what motivates people to come together, and a deep understanding of how to create experiences that really matter.\u201d\n\n\nAccording to CBRE Asia Pacific, 58 percent of organizations are encouraging employees to come into the office while still allowing for remote working. This is a noticeable increase from 47 percent of firms that allowed it in July 2021 and 35 percent in October 2020.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThis presents businesses with a challenge: What should the office look like since it now finds itself competing with the work-from-home experience. The key is balancing amenities people enjoy or otherwise don\u2019t have access to elsewhere with a wealth of spaces that cater to everyone.\n\n\n\u201cWhile a common view in the media is collaborative space, great aesthetics and coffee, CBRE believes that at the heart of the office as an attractor should be places to hang out (could be doing exactly what you do at home, but do it amongst your work mates), work together and build relationships; with spaces catering to a full spectrum of group work to individual/quiet work; and relief from working from home,\u201d the reported noted.\n\n\nKeep Reading:\n \nAsia-Pacific co-working provider The Great Room acquired by US-based firm\n\n"} {"url": "https://www.dotproperty.com.my/blog/gamuda-land-sets-sights-vietnam", "title": "Gamuda Land sets sights on Vietnam", "body": "\n\n\n\nGamuda Land wants to grow its success on home soil to Vietnam.\u00a0\n\n\nMalaysian developer Gamuda Land has announced its intentions to spread its wings even further into Vietnam. Part of Gamuda Berhad, one of the country\u2019s leading property developers known for developing \ntownships\n communities that are built with sustainability in mind. Their aim is to create\u00a0towns and subsequently communities for all ages of society.\n\n\nNow the developer has increased its attention to the growing Asia Tiger of Vietnam. Having already made the country its first overseas venture ten years ago with Gamuda City. Built just outside the northern city of Hanoi the site spans 500 hectares. Consisting of residential and commercial space,\u00a0Gamuda City, \u2018Showcases the best of living, education, entertainment, medical, hospitality and business experiences, a place where your heart truly belongs\u2019, according to the developer\u2019s marketing collateral.\n\n\nNow the company is continuing its focus on Hanoi but also Ho Chi Minh City. For the latter, they are looking at land\u00a0in District 9, 12 and G\u00f2 V\u1ea5p District. A previous Gamuda Land scheme in the southern buzzing metropolis is Celadon City which is still under construction.\n\n\nGamuda Land plans to capitalise on\u00a0Vietnam\u2019s rapid change in particular its growing rate of urbanisation. Underpinned by the economy which is propelling forward at a rate of knots, the landscape of the country is changing too. It is estimated that only 20 percent of the population lived in an urban setting towards the end of the 1980s. However, now this figure has reached 34 percent.\u00a0Subsequently the amount of urban pockets has increased too.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIt is believed that 150,000 people move from rural areas to both Hanoi and Ho Chi Minh City annually. Seeking employment opportunities as technological advances have meant that many of the country\u2019s industries are less labour intensive. For example, within agriculture and fishing. This puts a pressure on housing and Gamuda Land have eyed up this opportunity. Stating that the concept of a township was relatively unheard of when they first entered the country, today townships are springing up across the country to keep up with demand.\n\n"} {"url": "https://www.dotproperty.com.my/blog/gangnam-neighbourhood-hopping-go-inside-seouls-exclusive-district", "title": "Gangnam neighbourhood hopping: go inside Seoul\u2019s exclusive district", "body": "\n\nAnton Strogonoff/Flikr - Many Gangnam neighbourhood streets never sleep\n\n\nWhen Gangnam helped propel Seoul to the top of the luxury home price growth chart on Knight Frank\u2019s Prime Global Cities Index early last year, the district was thrust into the spotlight once more. In case you missed Gangnam\u2019s first star turn, there is a song and video on YouTube that\u2019s been watched like six billion times. That\u2019s all we\u2019ll say about that.\n\n\nFor those unfamiliar with Gangnam, it\u2019s a pretty interesting collection of neighbourhoods. You\u2019ll see K-Pop stars shopping at high-end boutiques in some places and in other parts you\u2019ll find that some of most prominent global businesses have set up shop\n\n\nThe district is situated south of the Han River and is connected to central Seoul by the Hannam and Dongho Bridges. Gangnam itself was a fairly unremarkable place up until the 1970s. The opening of Coex Convention & Exhibition Center in 1979 was one of a number of efforts to bring life to Seoul\u2019s southern districts.\n\n\nThe surge in Gangnam\u2019s popularity mirrors that of K-Pop and Korean dramas over the past 30 years. The district is now seen as the place to be locally and is iconic internationally. So, what makes it so special? Let\u2019s go Gangnam neighbourhood hopping and learn a little more about what the district has to offer.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nGangnam neighbourhood guide\n\n\nCheongdam-dong and Apgujeong\n\n\nSellyourSeoul/Flikr -Apgujeong Rodeo Street\n\n\nThese two ritzy Gangnam neighbourhoods are known as the Beverly Hills of South Korea. Just about every luxury brand imaginable has at least one store here and these sit alongside designer boutiques. To further the comparison with Beverly Hills, there is an Apgujeong Rodeo Street in Apgujeong which is full of high-end stores just like its Southern California namesake.\n\n\nAdding to the two neighbourhoods\u2019 mystique is the fact that some of South Korea\u2019s most famous actors, actresses and pop stars call Cheongdam-dong and Apgujeong home. It\u2019s not unusual to see fans loitering outside restaurants and even some record company offices in these neighbourhoods in hopes of catching a glimpse of their idols.\n\n\nWorth a visit:\u00a0\nThose looking for a place to take a break in Cheongdam-dong and Apgujeong, Our Bakery Caf\u00e9 is the spot. The eatery bakes up treats all-day and even has a schedule posted so you can order whatever is freshest. Our Bakery Caf\u00e9 also serves up a selection of drinks that range from standard choices to wild concoctions. Our Bakery Caf\u00e9 is located near Dosan Park and is a five-minute walk from the Apgujeong Rodeo Street metro station.\n\n\nPhoto/Kim Dooho \u2013 A look down the main street in Yeoksam-dong\n\n\nYeoksam-dong\n\n\nYeoksam-dong is best known for being home to some of Seoul\u2019s tallest buildings and biggest office blocks. Google Korea\u2019s headquarters can be found here along with several other prominent businesses such as T\u2019way Airlines. WeWork has also has a strong presence in Yeoksam-dong having leased space in two office buildings.\n\n\nHowever, the neighbourhood is more than work. The impressive Choonghyun Church can be found here. With designs inspired by churches in Europe, Choonghyun Church sits in stark contrast to its surroundings. Yeoksam-dong is also home to Kukkiwon, the world taekwondo organisation.\n\n\nA set meal at Baekeok Hanu\n\n\nWorth a visit:\u00a0\nBaekeok Hanu looks like any other restaurant from the outside, but the traditional Korean BBQ served up on the inside is not to be missed. The luxury beef and luxury pork belly are amazing while the aged beef options will leave you wanting more. Meals are served with traditional Korean side-dishes as well as grilled kimchi. Baekeok Hanu is located on Teheran-ro 43-gil between the Seolleung and Yeoksam metro stations.\n\n\nSinsa-dong\n\n\nPhoto/Trippose \u2013 The ginko-tree lined streets of Garosu-gil\n\n\nSinsa-dong can be found in the northwest corner of Gangnam. This neighbourhood has a unique vibe that has made it popular with artists throughout the years. Here you will find Garosu-gil, a Gingko tree-lined street that is one of the most picturesque places in all of Seoul. The fall is a particularly nice time to visit as the foliage is vibrant yellow.\n\n\nOf course, there is a lot more than trees in Sinsa-dong. The intimate Garosu-gil is dotted with cafes that are the ideal place to spend an afternoon sipping a coffee. A stroll along the street will uncover chic boutiques, vintage shops and a few artist studios in this corner of Gangnam. There are also a few museums in Sinsa-dong including one dedicated to handbags and another devoted entirely to cosmetics.\n\n\nWorth a visit:\u00a0\nMuch like Sinsa-dong itself, FIFTY FIFTY is an eclectic place that\u2019s part art gallery and part toy store. You\u2019ll find original works from local artists along with unique goods for sale. FIFTY FIFTY is one of those places you need to see for yourself to fully understand. It\u2019s located just off Garosu-gil and is roughly a ten-minute walk from the Sinsa metro station.\n\n"} {"url": "https://www.dotproperty.com.my/blog/garden-atlas-development-makes-name-amazing-design", "title": "Garden Atlas Development makes a name for itself through amazing design", "body": "\n\n\n\nBest Breakthrough Developer Phuket\n\n\nBest Luxury Villa Architectural Design Phuket \u2013 Garden Atlas\n\n\n\n\nThere is no doubt that 2022 will forever be remembered as a big year for Garden Atlas Development. The Phuket-based homebuilder earned much deserved recognition at the Dot Property Thailand Awards, taking home the honors for Best Breakthrough Developer Phuket and Best Luxury Villa Architectural Design Phuket.\n\n\nThe accolades mean a great deal for the firm who have dedicated their time and energy to craft a one-of-a-kind villa development in Phuket that provides exclusivity and comfort in style. It took a lot of hard work to reach this moment but it has paid off in the end. Ultimately, success at the Dot Property Thailand Awards 2022 will inspire the Garden Atlas team to reach even greater heights in the years to come.\n\n\n\u201cThis year, we are very proud to win two awards. This is a big step for us. We will use these awards as motivation to continue our work and develop projects that are even better and better,\u201d Garden Atlas Development Chief Architect & Founder Sarawut Kreuawan says.\n\n\nThe architectural design of the villas at Garden Atlas is truly a sight to behold. The attention to detail and exclusive touches found throughout each residence are exquisite. And if this project is the developer\u2019s breakthrough, its future work will further establish the homebuilder as one of Phuket\u2019s leaders in luxury villas.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/get-in-quick", "title": "Get in quick!", "body": "\n\n\n\nInvestors should cease this window of opportunity to secure a good deal.\u00a0\n\n\nAccording to the Real Estate and Housing Developers\u2019 Association Malaysia now is the the best time\u00a0to buy property in Malaysia. President, Datuk Seri Fateh Iskandar Mohamed Mansor, commented,\u00a0\u201cA lot of people have asked me \u2018So when is it [property values] going to fall? When can I get a good deal?\u2019 I\u2019m telling you now is when you are getting a good deal\u201d.\n\n\nSpeaking at a forum that discussed 2017\u2019s property market, his sentiment provides confidence to investors keen to take advantage of the lower values on offer. \u201cThere\u2019s no such thing as (prices) coming down\u201d, he went on to add.\n\n\nDevelopers in Malaysia are making their products even more attractive to investors by adding extra features rather than reducing the prices. Including some fitted furniture and air conditioning, this is helping to gain traction in the market and maintaining cash flow. This is despite developers having better financial reserves than the did in the Asian Financial Crisis of 1998 and 1999, which provides further reassurance of the state of the market as developers are better equipped to deal with any dips.\n\n\nAs the forecast for the first half of 2017 is expected to remain flat, those who can afford to purchase property are advised to in order to start paying off their investment. Developers are responding accordingly and are reducing their launch numbers to help stabilise the market.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nLike any investment it pays to do \nyour homework \nbut now is as good as time for astute investors wanting to enjoy the lower price tags on offer.\n\n"} {"url": "https://www.dotproperty.com.my/blog/get-rid-clutter-condo-tips", "title": "Get rid of clutter in your condo with these tips", "body": "\n\nIf your condo looks like this, it might be time to get rid of the clutter\n\n\nIs your condo feeling smaller? Have you lost track of where things are in your home? You\u2019re not alone. The longer we live in one place, the more likely we are to accumulate stuff. Unfortunately, condo space is finite and all this stuff ends up in the way after a while.\n\n\nTaking back space isn\u2019t hard, but it does require you to be vigilant. Decluttering does involve a bit of purging as well as proper organisation. However, after a few hours of cleaning, you will not only be rid of the clutter, but measures will be in place to ensure it doesn\u2019t come back.\n\n\nWhere to start?\n\n\nDespite what you may think, your condo is full of items that you probably don\u2019t need and haven\u2019t even thought about in months, or maybe even years. Start by finding and tossing these:\n\n\n\n\nOld magazines\n\n\nOld receipts, bills and other mail\n\n\nExpired medicines and vitamins\n\n\nFood in your cabinets you never plan on eating\n\n\n\n\nYou\u2019d be surprised how much space that clears out. But this is only the start. Next, do a second sweep removing items that can be donated or recycled. Here are just a few suggestions:\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nClothing you don\u2019t wear and/or can\u2019t fit into\n\n\nOld electronics you no longer need\n\n\nAccessories (jewellery, sunglasses, ect.) that you\u2019ve replaced or upgraded\n\n\n\n\nFinish strong\n\n\nOnce the clutter has been removed from your condo, it\u2019s important to organise what\u2019s left to ensure stuff doesn\u2019t build up again. Baskets, jars, and clear drawer organisers are very cheap these days, so buy a few that you like and start collecting items around the house.\n\n\nGather like items, such as bathroom toiletries, cleaning supplies, cosmetics and accessories, group them together. Be sure to put stuff back after you use it. There is no point in doing this if you are just going to take things out and leave them elsewhere around the condo.\n\n\nYou can also take things a step further by creating dedicated spaces for items like shoes, keys and umbrellas that often get left at the door when you come in. Most condos usually have places for these things built-in, so it\u2019s just a matter of using them. It takes about a week to form a habit, so as long as you can get through those first seven days, there won\u2019t be any future issues.\n\n"} {"url": "https://www.dotproperty.com.my/blog/gio-home-signs", "title": "GiO Home signs up", "body": "\n\n\n\nGiO Home Kitchen has become the latest sponsor of Dot Property\u2019s \u2018Best of the Best\u2019 Awards, a showcase of the leading properties in Southeast Asia.\n\n\nThe Bangkok-based company has more than 35 years of experience in providing its customers with stylish kitchen appliances and d\u00e9cor.\n\n\nUsing high quality, modern and well-chosen materials, GiO Home produces products that meet every requirement of functionality, durability and design.\n\n\nAaron Chou, Managing Director of Gio Home Kitchen was delighted to be part of the Awards.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHe said: \u201cSponsoring \nDot Property\u2019s \u2018Best of the Best\u2019 Awards\n\u00a0gives us the opportunity to work with the best property developers throughout Southeast Asia, and to provide quality products and services.\u201d\n\n\nAlva Horgan, Managing Director of International Markets for Dot Property, said: \u201cWe are extremely pleased to welcome GiO Home as a sponsor for our inaugural Awards.\u201d\n\n\nShe added that having GiO Home as a sponsor, a company that understands quality, is a perfect match for the Dot Property Awards.\n\n\nThe Awards will reward the \u2018Best\u2019 Residences, Serviced Offices and Serviced Apartments throughout Southeast Asia.\n\n\nRecipients of the accolade will be revealed online on October 1 and appear in the second edition of Dot Property\u2018s regional print magazine with a distribution throughout the region, as well as a digital online edition for its global audience.\n\n\nFor more information about the Awards and sponsorship email \n[email\u00a0protected]\n\n\nFor more information about GiO Home visit \nwww.giohome.com\n.\n\n\n#DotPropertyAwards\n\n"} {"url": "https://www.dotproperty.com.my/blog/give-your-property-some-love", "title": "Give your property some Valentines love", "body": "\n\n\n\nFollow our 5 easy steps to give your property love that it needs to sell or let it quickly.\n\n\n14 February is Valentines Day. A chance to wow loved ones close to our heart or ones that we want close to our heart. If you are \nselling\n or \nrenting\n your property it is important to woo prospective purchasers or sellers so that they fall in love with it too. Just like a date, give your property a bit of love and attention and you will reap the benefits.\n\n\n1. First impressions really do count.\n\n\nEveryone makes an effort with a loved one on a first date. Smarten up, choose the perfect venue and have impeccable timekeeping. The same applies to your property as unfortunately it is easy to judge a book by its cover. If there is a pile of rubbish outside of the front door, make sure that it is removed so as not to deter prospective purchasers or renters from stepping any further. Make sure the property is clean, tidy and everything is in working order\u00a0for the viewing, and don\u2019t be late to let them in.\n\n\n2. Select the lighting.\n\n\nA meal over candlelight is not too bright and not too dark. Carefully set the lighting for your property to in order to show its best features. Start by picking warm white light bulbs for the main bedrooms to give a softer feel rather than bright white bulbs that are suitable for the kitchen where good light is needed to prepare food. Open the curtains and use freestanding lights rather than overhead spots for a warmer feel. Remember it is important that the lighting is right for \nphotographing the property\n as well as for viewings.\n\n\n3. Dress to impress.\n\n\nYou are more than likely going to put on your best attire for a date. So do the same for your property. You want someone to walk through the door and immediately imagine living there. Therefore make sure it is not too personalised with lots of family portraits, but also don\u2019t leave it completely empty and bare. So select some neutral and non offensive artwork and think of your property as a hotel. Dress the table with a bunch of flowers, select some accessories like cushions, vases or even fill the bookshelves with some books.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4. Share the love.\n\n\nIf you are there for the viewing, be helpful but give people a proper chance to look round and poke through your cupboards without feeling watched. Don\u2019t over sale as this can put people off, but run through the reasons you love it that may not seem obvious. This could the low utility bills it experiences, the thick sound proofing walls or simply the convenience to the closest supermarket.\n\n\n5. Don\u2019t be greedy.\n\n\nIt is unlikely that you would scrimp on taking your new love interest out on the first date. The price of a property needs to be right in order to generate interest. Use our \nonline guide\n\u00a0to help calculate the right value of the property. Remember one way to make someone fall in love is an attractive price tag.\n\n"} {"url": "https://www.dotproperty.com.my/blog/global-prime-prices-still-growing", "title": "Global prime prices still growing", "body": "\n\n\n\nPrices of prime residential properties in Asian cities continued to perform well during the first three months of this year according to the latest \nPrime Cities Global Index\n report, published by real estate firm Knight Frank.\n\n\nVancouver topped the rankings for the fourth consecutive quarter, with prime prices in the city increasing by 26 percent in the year to March 2016. A severe lack of supply is creating an upward pressure on prices. There is little evidence that February\u2019s increase in land transfer tax, from 2 percent to 3 percent, on all purchases above CAD$ 2 million, has dented sale volumes.\n\n\nAlong with Vancouver, three other cities; Shanghai, Sydney and Melbourne, also recorded double-digit annual price growth, but the gap between this top tier and the remaining cities has widened.\n\n\nRecord-low interest rates and cheap finance-fuelled demand in Shanghai lead to price growth of 20 percent year-on-year, however, in March the Government tightened mortgage lending rules which is likely to result in slower growth in the second quarter.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAustralasia proved the world\u2019s hottest world region in the year to March 2016 with prices rising 12 percent on average; this is despite the introduction of a new fee for foreign buyers.\n\n\nPrime prices across the 35 cities monitored by the firm increased on average by 3.6 percent in the 12 months to March 2016. The Index entered a period of steady growth in 2014, consistently recording annual growth of 3-4 percent in the subsequent seven quarters.\n\n\nNo city has recorded a double-digit annual decline in prices since Q2 2015.\n\n\nNew York and Miami, where cash buyers now have to comply with new transparency rules above set price thresholds, continue to record steady price growth.\n\n\nPrices in prime central London increased by only 0.8 percent in the year to March, its lowest figure since October 2009, when a 3.2 percent decline was recorded as the market readjusted following the collapse of Lehman Brothers. The more muted performance is as a result of a series of tax changes and a preceding period of exceptional growth.\n\n\nAs of 1 April 2016, buy-to-let investors and second-home buyers pay an extra three percentage points of stamp duty on any U.K. purchase.\n\n\nAlthough prices in Paris dipped 3 percent in annual terms, prices stabilised over the last quarter as French buyers, having recognised value in their capital\u2019s market, increased their market share.\n\n\nNew regulation in the form of measures to improve transparency, new taxes or fees for foreign buyers are increasing in number. However, the impact on the market of such measures is largely dependent on market fundamentals and where each market is in relation to its property market cycle.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/glomac-to-launch-new-properties", "title": "Glomac to launch new properties", "body": "\n\nBefore the financial year end on April 30, 2017, Glomac intends to launch new properties worth RM 1 billion in total gross development value (GDV).\n\n\nManaging Director, Datuk Seri Fateh Iskandar Mohamed Mansor, noted that RM 200 million GDV have already been launched in the first quarter of 2017. Malaysia can anticipate other project launches to follow, including Lakeside Residences, Saujana KLIA, Saujana 4 & 5, Saujana Rawang, Sri Saujana, Saujana Jaya and Plaza Kelana Jaya.\n\n\nThe new developments will be a mix between terraced houses, shops, offices, serviced apartments and even affordable homes. Fateh Iskandar shared that Glomac is positioned well to capitalize on the sustainable high demand of residential projects and affordable housing.\n\n\nFateh Iskandar continued, \u201cAmong the total project launches, some RM700 million worth of properties are mostly landed homes that fall within the affordable price range. Our newly launched Saujana KLIA has achieved 80% take-up and some 90% take-up for Lakeside Residences. We are confident in our landed properties. For high-rise projects, it is very challenging, unless it is in a very strategic location and have the right pricing.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWith such big developments underway, it\u2019s safe to say that Glomac is transforming \nMalaysia\u2019s real estate market\n in the upcoming year.\n\n\nLakeside Residences / image source: Glomac.com.my\n\n\nLakeside Residences / image source: Glomac.com.my\n\n"} {"url": "https://www.dotproperty.com.my/blog/go-inside-hallmark-hotel-occupies-top-floors-cambodias-tallest-building", "title": "Go inside the hallmark hotel that occupies the top floors of Cambodia\u2019s tallest building", "body": "\n\nThe Vattanac Capital tower embodies the growth of Phnom Penh during the past decades and offers glimpse of what\u2019s possible for the country in the future. The top 14 floors of the 187-meter building have been reserved for the luxurious Rosewood Phnom Penh, a property that is now the place to stay in the Cambodian capital.\n\n\nRosewood Phnom Penh is consistently ranked among the best hotels in Southeast Asia. In last year\u2019s \nCond\u00e9 Nast Traveler\n Readers\u2019 Choice Awards, the hotel was rated as the second best in the region and 30\nth\n best globally with guess swooning over the remarkable property. It was also named a four-star hotel in the \nForbes Travel Guide\u00a0\nStar Rating\u00a0list, one of the most expert authorities on luxury hotels, restaurants and spas in the world.\n\n\nRead more:\n \nHere\u2019s what you need to know about the tallest buildings in Cambodia\n\n\nWhile the location of Rosewood Phnom Penh is certainly eye catching, the ultra-luxury hotel goes out of its way to ensure an experience that is uniquely local. It creates this by blending traditional Cambodian hospitality with contemporary sophistication.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRosewood Phnom Penh swimming pool\n\n\nPerched high above Phnom Penh, the hallmark hotel offers guests unobstructed views of the city and Mekong River. The unique vantage point, which is higher than any other in Phnom Penh, ensures you can look as far as the eye can see. It truly is an awe-inspiring sight to behold.\n\n\nThere are 175 rooms, including 37 suites which can be found on the highest floors. The most impressive accommodations at Rosewood Phnom Penh are the exclusive signature suites that offer the best in bespoke luxury.\n\n\nOutside of the magnificent rooms lays a wealth of amenities for guests to indulge in, especially when it comes to wellness. There is the Pedi:Mani:Cure Studio by Bastien Gonzalez as well as Sense, A Rosewood Spa. Both offer you a space to relax while looking out at the spectacular views of the city.\n\n\nAnother unique feature of the hotel is the art gallery that can be found on the 35\nth\n floor. Rosewood Phnom Penh collaborates with the country\u2019s most influential and up-and-coming artists to create exhibitions you should check out.\n\n\nRosewood Phnom Penh boasts a wide range of dining establishments, including Chinese and Japanese options, as well as a steakhouse. It would also be impossible to talk about the hotel without mentioning Sora, the rooftop bar and lounge that is located on a cantilevered terrace extending from the 37th floor. The vibrant venue is perhaps the most Instagramable spot in Phnom Penh and is the perfect climax for Cambodia\u2019s tallest building.\n\n"} {"url": "https://www.dotproperty.com.my/blog/go-inside-suvarnabhumi-airport-secret-tunnels", "title": "Go inside the Suvarnabhumi Airport secret tunnels", "body": "\n\nDuring the past 18 months, a series of secret tunnels have been built underneath Bangkok\u2019s Suvarnabhumi International Airport. The presence of these structures is no surprise to airport officials, the large construction teams building them or the huge security team keeping them safe.\n\n\nBut a majority of the more than 60 million people who flew in and out of the airport last year likely had no idea the tunnels existed making them a secret to the public for the time being.\n\n\nThat will change during the next 12 months. Eventually, airport passengers will get the see the tunnels firsthand as part of an Automated People Mover (APM) system. This tram will connect the Suvarnabhumi Airport main terminal to the midfield expansion concourse also being constructed.\n\n\nThe expansion will increase the airport\u2019s capacity by an estimated 15 million people annually. Work on the project began in late 2017, starting with the taxiway before moving onto the tunnels and a new concourse. More than 1.4 kilometres of tunnels will be built as part of the project including those used for the APM and service tunnels.\n\n\nA look down the tunnel which will hold the Automated People Mover (APM) system under Suvarnabhumi Airport\n\n\nThousands of passengers will be transported on the tram daily, but it\u2019s unlikely they will pay much thought to just how the massive tunnel system came to fruition. No one really spends time to think about what goes on behind the scenes of a project like this, especially when they come to \nThailand\n.\u00a0However, the technology used in the construction of these tunnels is impressive in its own right.\n\n\nHow do you build secret tunnels under a busy airport?\n\n\nStanding in the Suvarnabhumi Airport secret tunnels as they sit now feels a bit surreal. It is like something straight out of a movie or television show. The massive concrete walls stretch as far as the eye can see, a row of fluorescent lightening making it visible. The bulk of the current work is happening on the structures that will connect the tram to the new concourse extension.\n\n\nMeanwhile, there are no signs of planes as they pass above the ground further down the tunnel. The only thing you do notice are the towering concrete panels that line the walls of the structure. As you might expect, these aren\u2019t your ordinary walls.\n\n\nThey have been constructed with INSEE SUPERBLOCK, pre-fabricated concrete panels that have been designed to provide the strength and durability a project of this magnitude requires. Used in place of traditional brick and mortar, these panels are vital in the building of the Suvarnabhumi Airport secret tunnels that will soon be home to the people mover as well as a service route.\n\n\nAn estimated 50,000 square metres of pre-fabricated panels have been used in the building of the tunnel. It\u2019s hard to even quantify that size, even as you look down the dimly-lit corridor with walls that seemingly never ends.\n\n\nHowever, we\u2019re getting ahead of ourselves. As recently as 2017, this space was nothing but dirt. Given the unique route of the tunnels, which go underneath taxiways at the airport, a few different tunnel creation methods were used to remove the earth and reinforce the structure. This was done to limit disruptions and maintain safety.\n\n\n50,000 square metres of pre-fabricated concrete panels have been used in the construction of the tunnels\n\n\nThe use of pre-fabricated materials along with traditional concrete solutions allowed builders to get the tunnel up quickly. For example, 1,000 square metres of walls inside the Suvarnabhumi Airport tunnels could be installed in roughly one week.\n\n\nPerhaps the most important thing about a secret tunnel is that it needs to remain out of sight and out of mind. If the public finds out a tunnel is being built underneath the planes, it might cause people to be nervous. That\u2019s the last thing you want to happen at the airport and means time is of the essence.\n\n\nBy using pre-fabricated materials, the Suvarnabhumi Airport secret tunnels went noticed by the millions of people who flew in and out of the facility. Pilots and even some staff didn\u2019t even know about the work that was taking place underground.\n\n\nIt may sound crazy, but before pre-fabricated concrete panels, builders would use bricks and mortar to support underground tunnels. As you might imagine, this took a really long amount of time. For starters, loading and unloading bricks is an arduous task, but that\u2019s only one consideration.\n\n\nIt\u2019s estimated that four people building a tunnel wall with pre-fabricated panels could cover up to 24 square meters in a single day. That number shrinks to 10 square metres when the same four workers build with traditional bricks and mortar.\n\n\nIn other words, five day\u2019s work can be cut into two when using pre-fabricated panels. Project contractors estimate the tunnel could have been built in less than two months if they had opted to focus all of their time and effort on the project. Ultimately this was not feasible considering they also need to work on the APM station, basement and ground levels of the concourse extension.\n\n\nSuvarnabhumi Airport secret tunnels will soon be revealed\n\n\nDuring Chinese New Year festivities, some 200,000 passengers went through Suvarnabhumi International Airport on a daily basis. And yet, underneath the airport, work continued on the Suvarnabhumi Airport secret tunnels that will allow even more people to fly in and out of the airport.\n\n\nWork continues on the Suvarnabhumi Airport concourse extension\n\n\nIt\u2019s still a dusty work site, however, the Suvarnabhumi Airport secret tunnels won\u2019t be unknown for much longer. No set date for the opening of the APM and concourse extension has been announced as of yet, it is expected to be operational sometime in 2020.\n\n\nThe tram system still needs to be installed and a great deal of testing must be done, but it\u2019s safe to say everyone will be quite happy when it does open to the public.\n\n\nThe parts of the tunnels people will see when using the tram are going to look quite different than what\u2019s now visible. A thin layer of plaster will be placed over them and then a decorative coating is set to be added over that in the areas where the tram connects to the airport terminals.\n\n\nIt will certainly look nice and match the final design of the airport. But, behind this decorative layer will sit 50,000 square meters of pre-fabricated concrete panels that have made the tunnels possible. Without them, the project would have taken significantly more time, money and manpower.\n\n\nSo, if you ever fly out of \nBangkok\n once the Suvarnabhumi Airport concourse extension once it opens and use the tram, enjoy the ride. There was a time when this short journey was nothing more than a secret hole in the ground.\n\n"} {"url": "https://www.dotproperty.com.my/blog/going-green-7-best-parks-in-southeast-asia", "title": "Going to green: 7 of the best parks in Southeast Asia", "body": "\n\nThe best parks in Southeast Asia are all worth checking out. Developers try to incorporate green spaces into their developments, but there is no substitute for the real thing. This is why parks throughout the region\u2019s biggest cities are busy every weekend.\n\n\nPeople love to get out of their condos and enjoy nature, even if it\u2019s only for a couple of hours. But the\u00a0\nbest parks in Southeast Asia\n\u00a0can offer so much more than this. Some provide recreational opportunities while others provide an immersive cultural experience.\n\n\nWith that in mind, here are a few of the best parks in Southeast Asia.\n\n\nBangkok \u2013 Lumphini Park\n\n\nLumphini Park\n\n\nWhile \nBangkok\n has grown around it, Lumphini Park has remained relatively unchanged since the 1940s. Originally on the outskirts of the Thai capital, the 142-acre public park now sits next to the central business district in the heart of the city. Generations of Bangkokians have made use of Lumphini Park\u2019s jogging trails, lake and fitness areas.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTip:\n There is no smoking in Lumphini Park and pets aren\u2019t allowed. However, a number of monitor lizards call the park home. They look scary, but are relatively harmless as long as you keep your distance.\n\n\nSingapore \u2013 East Coast Park\n\n\nEast Coast Park in Singapore\n\n\nSingapore\n is home to several of the best parks in Southeast Asia, but we chose East Coast Park for this list. While it may not be as well known as some of the city-state\u2019s other green spaces to non-residents, East Coast Park features a 15-kilometre stretch of coastline and attracts more than seven million people per year. The beach is even more impressive when you realise it sits on reclaimed land and was entirely man made.\n\n\nTip:\n East Coast Park boasts \u201cRecreation for All\u201d and offers a dedicated area for just about every type of sporting activity imaginable. This includes more extreme options such as cable skiing and skateboarding.\n\n\nHo Chi Minh City \u2013 Van Thanh Park\n\n\nPhoto/B\u00f9i Th\u1ee5y \u0110\u00e0o Nguy\u00ean \u2013 Van Thanh Park\n\n\nTao Dan Park is the most recognisable park in \nHo Chi Minh City\n, but Van Thanh Park allows you to truly get away from the chaos of the city. It has everything you would expect from a green space as well as some public facilities including a swimming pool.\n\n\nTip:\n There is a restaurant along the park\u2019s lake with huts over the water where you can dine. It\u2019s a cool experience if you\u2019re into that sort of thing.\n\n\nMetro Manila \u2013 La Mesa Nature Reserve\n\n\nLa Mesa Nature Reserve, not to be confused with the nearby La Mesa Eco Park, is a sprawling forest ideal for hiking or mountain biking in \nQuezon City\n. A massive conservation and reforestation effort over the past 20 years has brought this rainforest back to life. Numerous trails catering to all skill levels and ages can be found here making it perfect for the entire family.\n\n\nTip:\n The location of La Mesa Nature Reserve is a bit out there. You\u2019ll likely need to drive or catch a Grab to get to this wonderful green retreat.\n\n\nYangon \u2013 Bogyoke Park\n\n\nBogyoke Park in Yangon\n\n\nYangon\n is home to a number of parks all of which have a unique charm. Bogyoke Park is located alongside the north shore of Kandawgyi Lake and offers visitors ample room to explore. You\u2019ll also find plenty of views of Karaweik Restaurant and its Burmese royal barge exterior design.\n\n\nTip:\n There are a number of food options in and around Bogyoke Park with a few even offering lakeside dining.\n\n\nPenang \u2013 Penang Botanic Gardens\n\n\nPhoto/Elph \u2013 Penang Botanic Gardens\n\n\nThe Penang Botanic Gardens can be found just outside \nGeorgetown\n. The park was established more than 130 years ago and is best known for cascading waterfalls. The park features a variety of indigenous and exotic plant species as well as monkeys and macaques both of which you should definitely not touch.\n\n\nTip:\n You can explore the Penang Botanic Gardens on your own or take a guided tour conducted by park staff.\n\n\nBali \u2013 Garuda Wisnu Kencana Cultural Park\n\n\nFlickr/Ya, saya inBaliTimur \u2013 Garuda Wisnu Kencana statue\n\n\nIf you\u2019re in \nBali\n, chances are you can just head to your resort along the beach or in Ubud and be surrounded nature. That\u2019s why Garuda Wisnu Kencana Cultural Park makes this list.\n\n\nThe park is home to a number of impressive pieces of art with the recently completed Garuda Wisnu Kencana statue a real highlight.\n\n\nTip:\n In addition to seeing the statues, Garuda Wisnu Kencana Cultural Park hosts a number of dance shows and other cultural events throughout the day.\n\n"} {"url": "https://www.dotproperty.com.my/blog/good-bad-returns-phuket-condotel-investment", "title": "The good, the bad and the returns of Phuket condotel investment", "body": "\n\nBreeze Park Condotel in Phuket offers strong returns and a generous usage policy\n\n\nPhuket condotel investment has taken off during the past few years. With more tourists flocking to the island, a record number of people visited Phuket in both 2016 and 2017, hotel occupancy has risen significantly.\n\n\nResearch from the Thai Hotels Association (THA) found hotel occupancy rates on the island rose to 75 percent in 2017, an increase of almost 12 percent from 2016. The THA also noted Phuket had the best performing hotel sector in all of Thailand last year.\n\n\nNaturally, Phuket condotel investment has benefited from this. Property buyers have been eager to place their money into condotel projects since they are the easiest way to cash in on positive tourism trends. Want to know more? Here\u2019s the good, the bad and the returns of Phuket condotel investment.\n\n\nWhat is a condotel?\n\n\nA condotel is a building where the units are sold to individuals like a condominium while being operated under hotel management. This is done to benefit both property buyers as well as hotel brands. Unlike traditional condos, which can be difficult to let out, investors don\u2019t have to worry about marketing and managing a condotel unit.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFor hotel brands, they no longer have the take on the costs of acquiring land and building a property. Meanwhile, property developers are able to attach a name people trust to their project. It is a case where all parties benefit.\n\n\nWyndham Naiharn Beach Phuket offers some of the best potential returns in Phuket\n\n\nThe good\n\n\nThere is a lot of good when it comes to Phuket condotel investment. For starters, it is far easier to let a hotel market and manage your property than trying to do it yourself via sites like Airbnb or through local property management companies. Additionally, most Phuket condotel investment programmes pool income generated, meaning even if your unit is empty for a night, it isn\u2019t a total loss.\n\n\nFinally, owners of a condotel unit can be rest assured knowing that a world-renowned hotel brand is backing the project. These properties undergo vigorous inspections by the hotel who will manage it to ensure its standards are met.\n\n\nThe bad\n\n\nPerhaps the biggest drawback of Phuket condotel investment is the fact that when you can stay at the property and for how many days can be limited. While most condotels on the island usually allow unit owners to stay at the property anywhere from 14 to 30 days annually, space can be limited during high season. Be sure to understand the terms and conditions of unit usage before purchasing a unit in order to avoid any confusion.\n\n\nIt\u2019s also important to be aware that the hotel managing the property today is not guaranteed to be doing so in the future. Hotels sign management contracts between five and 20 years and there is no guarantee that the agreement will be renewed upon expiration. Remember, you are investing in the developer, not the hotel brand.\n\n\nThe returns of Phuket condotel investment\n\n\nThere is no bigger selling point to Phuket condotel investment than the potential returns. These do vary, but some developments, such as \nWyndham Naiharn Beach Phuket\n,\u00a0offer potential returns of up to 10 percent. \nInvestors are guaranteed returns of six percent during the first two years the resort is \nopen\n\u00a0and the project\u2019s developer predicts yields could eventually climb to ten percent, and possibly higher, should Phuket\u2019s tourist figures continue to climb.\n\n\nA look inside the Ramada Plaza Grand Himalai Oceanfront Residences\n\n\nOf course, not every project can bring in returns of 10 percent. Most condotels in Phuket guarantee rental returns averaging anywhere from five to eight percent annually during the first few years of the project opening.\n\n\nRamada Plaza Grand Himalai Oceanfront Residences\n\u00a0is a good example of a Phuket condotel that investors can bank on. \nThe award-winning \ndevelopment\n\u00a0has all of the ingredients to take advantage of Phuket\u2019s tourism boom including a well-known hotel brand, a great location and a fantastic rental programme.\n\n\nBreeze Park Condotel is another project to consider\n. Not only does the development offer guaranteed rental returns of seven percent, but \nit has an attractive price point with unit prices starting under THB 3.5 million (USD 112,000)\n. And with an impressive range of features along with 4-star hotel management, Breeze Park Condotel has a lot to offer.\n\n"} {"url": "https://www.dotproperty.com.my/blog/grand-residences-cebu-wins-philippines-peoples-choice-award-project-year-2021", "title": "Grand Residences Cebu wins the Philippines People\u2019s Choice Award for Project of the Year 2021", "body": "\n\n\n\nThis appeared in the most recent issue of Dot Property Magazine. \nClick here to read it\n!\n\n\nThe Philippines People\u2019s Choice Award for Project of the Year is one of the few honors to be voted on by the public which makes it unique. A total of 11 of the country\u2019s best and brightest real estate projects competing this year.\n\n\nOnline voting took place in November with the votes tallied shortly before the Dot Property Philippines Awards 2021 Presentation Day in Metro Manila.\n\n\nThe Philippines People\u2019s Choice Award for Project of the Year 2021 was won by Grand Residences Cebu from developer Grand Land. The outstanding condominium project has raised the bar for real estate in Cebu and is seen as one of the country\u2019s premier places to both live and invest in.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe Philippines People\u2019s Choice Award for Project of the Year 2021 Finalists\n\n\n\n\nThe Residences at The Westin manila Sonata Place\n\n\nLas Brisas at Tierra del Sol\n\n\nDusit D2 Residences\n\n\nSmile Residences\n\n\nGreen 2 Residences\n\n\nGrand Residences Cebu\n\n\nCity Homes Minglanilla\n\n\nCharm Residences\n\n\nBloom Residences\n\n\nSierra Valley Gardens\n\n\nVine Residences\n\n\n\n\nPark Cascades from Alveo Land won the inaugural People\u2019s Choice Award for Project of the Year at the Dot Property Philippines Awards 2019 while there was no winner in 2020 as the awards were postponed due to the COVID-19 pandemic.\n\n"} {"url": "https://www.dotproperty.com.my/blog/great-potential-for-vietnam", "title": "\u2018Great potential\u2019 for Vietnam", "body": "\n\n\n\nStephen Wyatt, the Country Head of JLL Vietnam, recently shared his views about the investment opportunities in the Vietnam property and real estate market.\n\n\nVietnam\u2019s economy grew about 7 percent during 2015. Reports have said that residential demand remains healthy in HCMC and Hanoi. What\u2019s your assessment of the Vietnamese property market and the key growth drivers?\u00a0\n\n\nThe property market witnessed a considerable improvement during 2015 compared with the previous three and four years. Activity focused around the residential sector, with a considerable amount of development reported in both the major cities, Hanoi and HCMC, matched with a significant rise in demand. In addition, the office, retail and industrial sectors all reported an improved leasing momentum.\n\n\nThe development of the residential market has been more sustainable and healthier than that recorded in the 2007-8 boom as developers, investors and homebuyers have learned lessons from the past. The supply has increasingly improved over time, in terms of construction/design quality, payment schedules, financial support offered to buyers and marketing programmes and techniques. The demand side, which was characterised by enhanced customer confidence and stronger investment sentiment, and supported by the availability of housing loans from commercial banks, responded favorably.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIn the residential market, one of the key growth drivers was the increased availability of housing credit, to both developers and homebuyers. The government policies on credit guarantee by banks/financial institutions for properties to be built in the future helped increase the volume of the business credit market. In the meantime the intense competition among commercial banks in providing housing loans, which has resulted in more attractive interest rates, higher loan-to-value ratios and longer grace periods, helped facilitate an overall improvement in confidence throughout the market.\n\n\nCommercial banks, in cooperation with housing developers, offer attractive lending rates of 5-6 percent per annum, versus the market average of about 7-7.5 percent per annum in 2015. Also, deposit rates recently averaged about 6 percent per annum, decreasing sharply from the more than 14 percent per annum recorded in 2011, and partly making real estate market the more preferred investment channel for Vietnamese \u2013 as opposed to Gold and Equities.\n\n\nIt has been observed that the developers\u2019 reputations are one of the best-selling points in development projects in the residential market, and it is fair to say the buyers are becoming more discerning as the market matures.\n\n\nHow has the relaxation of foreign ownership rules affected sales for overseas developers? The likes of CapitaLand and Keppel Land all have projects in Hanoi and HCMC.\n\n\nSince the relaxation of the ownership legislation changed on July 1, 2015, more than 1,000 units have been reportedly sold to foreigners. This is a considerable increase in volume compared to a meagre 250 units in the previous five years.\n\n\nA number of new projects have been launched in Q3/4 \u2013 2015 with good quality construction, interior design and layouts that are more appealing to foreigners. Some recent examples include:- Gateway Thao Dien (by Son Kim Land & Hamon Developments) and Nassim Thao Dien (by Son Kim Land & Hongkong Land) both projects have attracted attention from foreign buyers.\n\n\nThe launch events of Estella Heights (by Keppel Land) and Vista Verde (by CapitaLand) in Singapore also received positive feedback and strong sales figures reported.\u00a0 All four projects are located in District 2, HCMC, which is regarded as the ex-patriate community.\n\n\nHow are home prices/rental yield trending in key cities in Vietnam over the past two years? Which type of properties have most upside \u2013 residential, industrial, commercial/retail or hotel, and why?\n\n\nThe apartment market has seen the most consistent uptrend in the past two years, with a considerable amount of development activity in both major cities. At present sales volumes have also increased and are currently matching the amount of supply coming to the market.\n\n\nIn the office for lease market, rental rates in 2014-15 were stable and started to inch up in the second half of 2015. In the Grade \u2018B\u2019 office segment, many landlords started lowering their incentive packages and a number of landlords started to increase quoting rents by US$ 1-2 per sqm per month \u2013 higher than the previous rent rates for renewal contracts.\n\n\nIn other sectors rents have seen some decline, mainly due to an increase in supply, most notably in the retail sector. We do expect to see the industrial and logistics sectors to witness some positive upside in the next 5-10 years as a number of Free Trade Agreements have recently been agreed.\n\n\nWhat are the potential investment opportunities that overseas developers can look at in Vietnam, and in which areas?\n\n\nIn our opinion, Vietnam offers developers a vast array of opportunities in all sectors of the market. The Vietnamese real estate market is still very much in its infancy and considerably behind when compared to many of its Southeast Asian neighbours, which is why we see great potential for this market.\n\n\nThere is an increasing number of large scale Vietnamese developers that are taking advantage of current market conditions, however, CapitaLand, Keppel Land and Mapletree have all demonstrated that there is demand for international developers in this market. Most developers tend to concentrate on the residential sector, however, we do expect to see an increase in activity in office, retail and industrial sectors going forward.\n\n\nIn addition, Vietnam is becoming more of holiday destination and the Hotel and Hospitality sectors will see more activity in the future.\n\n\nWhat are the main challenges and risks of investing in Vietnam?\n\n\nIf you are a private individual looking to invest with the residential market, we recommend choosing a developer that can demonstrate a strong track record of completed projects and financial capability.\n\n\nBoth cities are witnessing a lot of development activity at present, so it is important to understand the overall masterplan for the area, upcoming infrastructure projects and the potential impact. The legal system can seem opaque and vague so always enlist the advice of a good quality law firm.\n\n\nIn terms of property prices, how does Vietnam compare with the rest of Asia? Where do you see prices heading, amid the boom that the sector is currently experiencing?\n\n\nProperty prices in Vietnam remain affordable with a typical two-bedroom, 70 sqm residential apartment within 10-15 mins drive of Ho Chi Minh City\u2019s central business district selling for US$ 1,600 to US$ 2,000 per sqm, equating to US$ 112,000 to US$ 140,000. Overall prices are still down 15-20 percent from their peak in 2007-08.\n\n\nWhen compared with other major cities within the region we believe there is considerable upside. As the country matures and there is further integration with the international community, we expect to see capital growth of circa 5-7 percent per annum. Investors can currently enjoy returns of 6-7 percent on residential property and 9-11 percent on commercial, depending on location, age and quality of building and covenant strength of tenants.\n\n"} {"url": "https://www.dotproperty.com.my/blog/green-serene-phukets-eco-friendly-condominium-looks-make-real-difference", "title": "Green and Serene: How Phuket\u2019s eco-friendly condominium looks to make a real difference", "body": "\n\nThailand continues to fight environmental challenges of all shapes and sizes. And tourist areas are perhaps the most vulnerable. Plastic waste washes up onto the country\u2019s famed beaches and pollutes the beautiful waters on a seemingly never-ending basis.\n\n\nIn 2018, a \n10-kilometer patch of plastic waste was discovered floating in the Gulf of Thailand\n. Meanwhile, a lack of waste infrastructure means the country has become \none of the world\u2019s largest contributors of plastic waste into the ocean\n which continues to be the tourism sectors major selling point.\n\n\nBut marine issues are simply one of the many widespread environmental challenges the country is dealing with in tourists areas. Deforestation saps Thailand of a natural way to lower carbon emissions as well as a mechanism that can naturally cool. This, in turn, requires the use of more electricity which pumps more CO2 into the air.\n\n\nThe potential of renewable energy has yet to be realized in Phuket, \nalthough there is hope solutions, such as offshore wind, will soon be embraced.\n Until then, natural gas, or in some places coal or even diesel, continue to be relied upon for power.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFor the most part, it has been up to the business community to tackle these environmental challenges. Real estate developers, in particular, can play a huge role in helping Thailand become a greener place. Many of their decisions have either a direct or indirect impact on the environment and spread to other industries.\n\n\nThis is especially true in the country\u2019s tourist areas where negative headlines of pollution can cause visitors to think twice about their travel plans.\n\n\nThe start of Phuket\u2019s eco-friendly condominium\n\n\nWhen it comes to sustainability, doing something is always better than doing nothing. There is no shortage of developers in Phuket, and Thailand as a whole, reducing the impact their projects have on the environment. This action should be applauded.\n\n\nHowever, developer Serene Surin wanted to take these efforts to the next level and launch Phuket\u2019s first eco-friendly condominium. The focus wasn\u2019t to simply incorporate green features into the project or reduce carbon emissions, but to create a place where people could enjoy the splendor of the island without harming the beautiful surroundings.\n\n\nThe environmental aims extend of Serene Surin start with Managing Director Fredrik Young Carlsson who grew up in Sweden. The Nordic countries have long led the way in terms of sustainability efforts and this mindset was combined with his knowledge of the local property market to create Serene Condominium, Phuket\u2019s first eco-friendly condominium.\n\n\nEmbracing nature\n\n\nGreen is everywhere at Serene Condominium\n\n\nThe best way to preserve nature is to leave it alone. That was one of the guiding principles for the developer when selecting a site. Ultimately, they found a land plot on a hill between Surin and Bang Tao Beaches without any large trees or greenery.\n\n\nWith that out of the way, the focus shifted to building a green environment both in and outside of Serene Condominium. The lush landscapes around the main structure were preserved to allow for fresher air and lower temperatures.\n\n\nThe next task was to connect the greenery found outside to the development itself. Climbing ivy was placed on the buildings\u2019 exterior to make it look as if it was an extension of the area while flora hangs off the balconies. On the inside, vertical gardens and potted plants ensure residents never lose sight of nature.\n\n\nThe benefits of this are two-fold. Firstly, \nresearch from NASA has shown plants freshen air and eliminate harmful toxins\n. Secondly, \nbeing around nature can help people feel relaxed and calm\n.\n\n\nInnovative build\n\n\nRooftop solar panels are one of many eco-friendly features at Serene Condominium\n\n\nWith a green foundation to build upon, the next step for Serene Condominium was to look for innovative ways the project could maximize resources while minimizing the impact it had on the environment.\n\n\nSome of these efforts were straightforward, like banning the use of non-recycled plastic. Another example is the ceilings in common areas which are equipped with Green Board, a product made entirely from recycled material. Meanwhile, precast Thai Expended Clay Aggregate (TEXCA) Walls were used to improve energy efficiency throughout the development.\n\n\nHowever, other issues required more ambitious thinking. Like many islands in Southeast Asia, Phuket faces challenges when it comes to water supply and energy production. Obviously, a residential project can\u2019t solve these issues, but there was a chance to maximize the natural resources available on-site.\n\n\nInstalling solar panels on the roof of Serene Condominium lessens the need for energy generated through other means. The developer estimates up to 30 percent of total peak energy consumption can be covered by in-house renewables.\n\n\nAnother key innovation is the water resource management that collects rainwater and grey water. This is then funneled through filters and cleaned before being stored in a different tank. The harvested water has many non-consumable usages, such as watering plants, in toilets or to wash outdoor areas.\n\n\nAn uncompromising experience\u00a0\n\n\nThere is a common misconception that sustainable products of any kind are more expensive, lower quality or both when compared to others available. That being said, Phuket\u2019s eco-friendly condominium, Serene Condominium is proving these to be false.\n\n\nFrom a quality standpoint, everything at the project is as good, if not better, than similar condominiums. Every sustainable innovation used throughout Serene Condominium is demonstrably of the highest standards. And the developer didn\u2019t simply stop there.\n\n\nStudio units here, for instance, feature transformable furniture that creates flexible spaces. Residents and investors aren\u2019t having to sacrifice a comfortable living experience to be green. They enjoy the best of both. Of course, that means nothing if the project is unaffordable.\n\n\nTo that end, buying eco-friendly here doesn\u2019t come with exorbitant price tag. Residences at Serene Condominium are competitively priced when compared to other projects. What\u2019s more everything is backed by a strong rental management program where buyers can take advantage of a minimum guaranteed return of five percent with no limits as well as up to 29 complimentary nights per year.\n\n\nSerene Condominium, Phuket\u2019s eco-friendly condominium, offers an uncompromising experience that is both affordable and sustainable. \nClick here for more information\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/green-takes-gold-dot-property-awards", "title": "Green takes gold at the Dot Property Awards", "body": "\n\nWhizdom The Forestias won Best Green Development at the Dot Property Southeast Asia Awards 2019\n\n\nGreen development has become extremely important in Southeast Asia. Public awareness about the impact real estate has on the environment has increased in the past five years. Developers have been innovative in creating green projects that combine environmentally friendly features with unmatched liveability.\n\n\nThe Dot Property Awards has honored several of these developments since launching in 2016. Let\u2019s take a look at a few of the green projects that have won gold.\n\n\nWant to be considered for 2020?\u00a0\nClick here to enter this year\u2019s Dot Property Awards\n!\n\n\nSwanPark\n\n\nSwanPark\n\n\nBest Green Development\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDot Property Vietnam Awards 2018\n\n\nSwanPark won Best Green Development at the Dot Property Vietnam Awards 2018 thanks in part to forward thinking design and planning. The project effectively incorporates the most innovative green technology in urban planning, design, construction and operations. SwanPark also utilizes sustainable development ensuring it surpasses the green criteria for living, learning, working and entertainment.\n\n\nWhizdom The Forestias\n\n\nBest Green Development\n\n\nDot Property Southeast Asia Awards 2019\n\n\nThe ambitious Whizdom The Forestias is bringing green living to Bangkok in ways many people never thought possible. Thai-developer MQDC launched the project to be both the biggest and greenest development in Thailand. Whizdom The Forestias will have an actual forest with developer MQDC having recovered old trees from all around Bangkok. Residents will be able to enjoy this along with numerous other green features and amenities.\n\n\nUrban Hive Palms\n\n\nUrban Hive Palms\n\n\nBest Condo Architectural Design\n\n\nDot Property Philippines Awards 2019\n\n\nOne look at Urban Hive Palms and you can\u2019t help but marvel at its amazing architecture. The project in Davao City looks and feels different from other residential developments in the area. More importantly, it\u2019s greener than those around it as well. The impressive architectural design starts with the state-of-the-art landscape layout that provides a pleasant living experience for residents. Additionally, each unit in Urban Hive Palms blends modern functionality with the beauty of nature.\n\n\nWant to be considered for 2020?\u00a0\nClick here to enter this year\u2019s Dot Property Awards\n\n"} {"url": "https://www.dotproperty.com.my/blog/growth-for-the-construction-industry", "title": "Growth for the construction industry", "body": "\n\n\n\nMalaysia\u2019s vast number of projects are contributing to a healthy construction industry.\u00a0\u00a0\n\n\nThe country\u2019s construction industry has been fairing well of late. Growing by 7.4 percent in 2016 it is predicted that the industry will grow by a further eight percent this year alone. A result of the vast number of infrastructure projects that are planned plus real estate projects too. The total industry combined is anticipated to be worth MYR 170 billion. Additionally there will be even more demand for scaffolding due to the rapid surge in construction.\n\n\nThe projects behind this growth are Forest City: a mixed-use scheme sitting on an artificial island site bordering Singapore that covers 14 square kilometres; Tun Razak Exchange: a purpose built financial district in Kuala Lumpur, Bandar Malaysia: set to be the country\u2019s centre of transport as the interconnecting point for\u00a0Kuala Lumpur-Singapore high-speed rail, MRT lines, KTM Komuter, Express Rail Link and 12 highways in addition to huge scale real estate project; and Cyberjaya City Centre: a mega mixed project dubbed to become a smart city and global technology hub with a developmental value of MYR 11 billion.\n\n\nThe scaffolding industry is valued at MYR 40 million per year, making up a sizable chunk of the construction industry. A figure that is anticipated to grow even further in the future according to the MKRS Group, a firm that supplies scaffolding in Malaysia. Due to the increasing number of construction sites in the country and rising number of accidents, MKRS have set up a training programme dedicated entirely to highlighting safety during construction.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/growth-ho-chi-minh-city-skyline-may-mirror-bangkok-new-government-strategy", "title": "Growth of Ho Chi Minh City skyline may mirror Bangkok under new government strategy", "body": "\n\nFuture Ho Chi Minh City development will come along the new metro line\n\n\nHo Chi Minh City may borrow a city planning tactic from Bangkok that could have long-term implications on the metropolis\u2019 skyline. The Department of Construction made a proposal that would require newly launched residential developments meet certain criteria while aligning with technical and social infrastructure goals.\n\n\nThe most notable change would require developers to stop construction of high-rise apartment buildings in downtown Ho Chi Minh City and focus building these developments along the first metro route in the eastern part of the city. Districts 2, 9 and Th\u1ee7 \u0110\u1ee9c is where a majority of the new projects would be launched.\n\n\nAccording to a Vietnam News report\n, an emphasis would be placed on high-rise residential developments that provide easy access to public transportation infrastructure. The Department of Construction believes the strategy could ease some of the city\u2019s problems like flooding and congestion if implemented correctly.\n\n\nSee more:\n \nAttention turns to property in Ho Chi Minh City suburbs\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe end result could see the Ho Chi Minh City skyline develop around the new Metro Line similar to how high-rise condominiums now follow Bangkok\u2019s public transport system. Most stations along the BTS Skytrain Green Line now have clusters of high-rise buildings surrounding them. It is a similar story around the MRT Blue Line. Even under construction public transportation routes now have high-rise residential developments being built around them in the Thai capital.\n\n\nShould the Department of Construction proposal go into effect, the Ho Chi Minh City skyline could see similar growth. The key difference would be the government overseeing improvements to surrounding areas, something that was not required by the government in Bangkok.\n\n\nTest runs on the Ho Chi Minh City metro line will start later in 2020 with service expected to begin next year\n. Construction of Line 2 is also slated to begin in the near future and government plans call for four additional rail lines to be built.\n\n"} {"url": "https://www.dotproperty.com.my/blog/hands-free-property-investment", "title": "What is hands-free property investment?", "body": "\n\nHands-free property investment allows you to enjoy the returns while someone else takes care of the details\n\n\nThere are many types of property investment available, especially overseas. And we aren\u2019t just talking about location. You can now invest in different real estate sectors, dabble in fractional property investment and take advantage of numerous other opportunities. Regardless of the where and what, hands-free property investment remains the preferred option for those considering cross-border options.\n\n\nHands-free property investment is exactly what it sounds like. You purchase a property and everything from unit management to rental returns are taken care of by a single company. This ensures you don\u2019t have to worry about common challenges such as finding a tenant.\n\n\nThis is critically important for real estate investment overseas where you might not be completely familiar with how the market works. Finding a tenant, for example, can be a struggle since you probably don\u2019t know where to look and what regulations you need to follow. Hiring a property management company is an alternative, but then you still need to choose a firm, which takes time.\n\n\nBut hands-free property investment allows you to steer clear of these issues altogether. You are buying the property with a rental agreement directly with the management company who provided serviced apartment rentals. The company that helps you purchase the property will also liaise with the lettings management company so that you have one point of contact. Ultimately, this saves you time as well as money and creates a stress-free experience.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFinding a hands-free property investment partner\n\n\nIf you opt for a hands-free property investment, it is important to find a partner with a proven track record of success. You want to be sure the company you choose can fulfil their promises, especially if you are considering a purchase overseas.\n\n\nThe United Kingdom is a popular place for hands-free property investment among Southeast Asian real estate buyers. It is a market they are familiar with in addition to offering stability and historically strong returns. A number of companies now offer full-service, real estate investment opportunities for overseas buyers.\n\n\nOne Touch Property Investment\n is one firm providing hands-free property investment to an international clientele. The firm assigns a personal investment consultant to guide you through the entire process. This includes finding the correct property, unit management and a host of other services.\n\n\nAnd while it may be hands-free property investment, this doesn\u2019t mean you will be left in the dark. One Touch Property Investment believes in being a communicative partner that\u2019s there for you every step of the way no matter where in the world you happen to be located.\n\n\nIn terms of real estate, One Touch Property Investment works with reliable UK developers who have a track record in delivering properties on time. This is one way the company looks to minimise your risks. The company also focuses on buy-to-let investments in upcoming cities such as \nManchester\n, \nLeeds\n and \nBirmingham\n. These areas have the potential for greater capital uplift and excellent rental yields.\n\n\nIf you\u2019re considering overseas real estate and want a hands-free property investment, One Touch Property Investment has several exciting UK opportunities available.\n\n\nClick here to learn more\n\n"} {"url": "https://www.dotproperty.com.my/blog/hands-free-real-estate-investment-right", "title": "What is hands-free real estate investment and is It right for you?", "body": "\n\nMany people aren\u2019t familiar with the term hands-free real estate investment but probably know the concept behind it. Basically, it is when you buy an investment property and someone else handles the rest which leaves your hands free. Figuratively speaking, of course.\n\n\nEverything from finding tenants to managing the unit is taken care of, usually by third-party companies hired by the project\u2019s developer. The organization of this setup can vary quite a bit depending on the location and type of property you are investing in.\n\n\nFor example, condotels are the most popular form of hands-free real estate investment in resort areas. The project\u2019s developer will hire a hotel brand to manage the property, market it and take care of day-to-day upkeep. Another firm will oversee the financial side of things, collecting revenue and paying out returns.\n\n\nThis may be very different from hands-free real estate investment at an urban condominium. The setups here can vary wildly depending on the developer\u2019s own capabilities. Some will hire a property management company to do everything.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOthers opt for a more piecemeal approach. They may have a firm manage the daily operations of the building while having internal teams handle the leasing and finances. That being said, the setup will not have much of an impact since most developers offering hands-free real estate investment provide you with a single point of contact.\n\n\nIs hands-free real estate investment right for you?\n\n\nHands-free real estate investment is perfect for those wanting to buy property while letting someone else do all the hard work. This usually comes at a cost with returns here being less than if you did everything yourself. Now, this is not always the case. You should research the potential returns via both methods to see how it affects you.\n\n\nAnother consideration when it comes to hands-free real estate investment is furnishings. Many developers will require you to buy a special furniture package to participate in their programs. This may be included in the sale price but can also be an add on you\u2019re expected to purchase.\n\n\nYou can lose some flexibility with hands-free real estate investment as well. Many developers expect you to place your unit in their rental program for years. This means it may not be possible to take back your property should you want to use it.\n\n\nIf you don\u2019t want to deal with the hassle of managing your property, hands-free real estate investment is a great alternative. The most important thing to consider is if the time and effort you save in having someone else take care of the unit is worth the potential impact it can have on your ROI.\n\n"} {"url": "https://www.dotproperty.com.my/blog/hanoi-sees-positive-sentiment", "title": "Hanoi sees positive sentiment", "body": "\n\n\n\nLast year was a positive year for the entire residential market in the Vietnamese city of Hanoi, according to the latest research from CBRE Vietnam.\n\n\nAn estimated total 28,283 units were launched to the market across all the different segments, which was 70 percent higher than 2014. Developers were confident and more bullish on the market. And rushed to release either old projects with new positioning, or new projects that had been put on hold during the market crisis.\n\n\nThe year marked a come-back of high-end and luxury segments, with major high-end projects in the central business district fringe and the west. The affordable segment still accounted for a considerable share of approximately 30 percent in terms of supply. While high-end projects in good location targeted mostly buy-to-let investors, affordable projects proved to be a good choice to the majority of end-user buyers due to their affordability.\n\n\nDemand wise, market sentiment was positive throughout the year, and improved over the quarters. An estimated total of 21,102 units were sold over the year. High-end and luxury segments saw improvement in their shares of total sales over the quarters, and ended the year at approximately 32 percent of total sales, a rate that was historically below 20 percent over the past years.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhile the shares for mid-end and affordable segments have been lower than those of 2014, these segments still accounted for a majority in total sales due to their affordability and targeting more end-user buyers. Pricing has shown the same performance pattern, like HCMC, but at a moderate pace.\n\n\nStrong supply and demand for top-tier properties\n\n\nAfter a long cold winter from 2012, since H2 2014, the Hanoi residential market started to see positive signals in both supply and demand, especially in the investment grade properties \u2013 high-end and luxury segments. These two segments altogether accounted for 18 percent of market supply.\n\n\nSupply wise, prime grade condominiums started to pick up by the end of 2014, as developers were quick to gauge the window of opportunity for launching, and started to quickly get their land bank ready for launch and develop.\n\n\nA total of 1,481 of prime units were launched in 2014. In 2015, in line with the strong recovery in market sentiment, CBRE noted that as many as 6,365 high-end and luxury units were launched to the market \u2013 four times higher than that of 2014. The majority of the units launched were in good locations, in the CBD-fringe, just a 10-minute drive to the current CBD which is still favoured by local buyers. Vingroup\u2019s Park Hill project with more than 3,000 units was a major new launch for 2015.\n\n\nPrime-grade properties in good location near the current CBD have always been favoured by local buyers for their good rental yield potential. During the time of crisis between 2012 and 2013, high-end and luxury segments were those that suffered most due to affordability and the opportunistic nature adopted by some buyers. In 2014 sales picked up with total 2,319 units being sold (as compared with less than 500 units per year in 2012 and 2013). The strong sales momentum remained during 2015 with 4,800 units being sold in these segments.\n\n\nAs the opportunistic segments saw the strongest demand in an uptrend market, premier properties were mainly absorbed by buy-to-let investors since the properties were in prime locations and commanded good rents from foreigners working in the city.\n\n\nLooking forward, Hanoi also expects significant, largescale high-end projects to be launched in the next two-three years. CBRE Research estimates that more than 6,000 prime grade apartments will be launched to the market in 2016, a similar level to 2015.\n\n\nThe pace of new supply of high-end and luxury apartments added to the market might slow in 2017 and 2018 respectively. In terms of demand, absorption during 2016 is expected to be at the same level as 2015, and may slow down in 2017 and 2018 as a new market cycle begins.\n\n\nLimited future supply for prime homes\n\n\nTop-tier properties are much attached to a prime locations. The declining supply of prime homes is mainly due to lack of available land and timing. Supply of prime grade properties usually soars in an uptrend market. As market slows down, developers tend to release units that are more affordable.\n\n\nStabilised price levels expected for next few years\n\n\nPrices in both primary and secondary markets have seen upward trend since 2014. CBRE Research data showed that after going down approximately 22 percent in 2013 (as compared to the peak in 2010), prices have gradually increased over the quarters since 2014. Primary prices of prime homes are currently in the range of US$ 1,600 to US$ 3,500 per sqm depending on location, while resale prices are hovering between US$ 1,500 and US$ 3,850 per sqm.\n\n\nLooking forward to 2016 and beyond, CBRE Research expects that prices will stabilise and grow at a modest level. Since buyers are now more discerning and supply is abundant, developers are also cautious in increasing their selling prices in order to ensure sales schedules go as planned.\n\n\nCBRE Research expects that price growth rate could be strongest in 2016 and may slow in 2017 and 2018.\n\n\nChanges as foreign buyers enter the market\n\n\nWith the market becoming more open and internationalised and overall pricing still attractive compared with other mature markets, it is expected that more foreign buyers will show interest in the Vietnam market as more guiding laws are issued to direct the stakeholders involved.\n\n\nDespite notable interest from foreigners who live and work in Vietnam, the number of sales to offshore foreigners to date has been limited. Unlike local buyers who are familiar with the market, foreigners, when buying home abroad, ask many questions regarding the administrative process, potential capital gains and rental yield. They look far into the future and are concerned about any potential implications related to selling their assets when the time comes. Therefore, developers still need to prepare for the battlefield at a new height: professionalism, language proficiency and ease of payment are among key matters in a changing market.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/have-you-seen-whats-popping-up-in-malaysia-lately", "title": "Have you seen what\u2019s popping up in Malaysia lately?", "body": "\n\nProperty developments popping up in Malaysia are seriously drool worthy. Developers in the country are striving to curate atmospheres that provide a luxurious ambiance. And we admit, they are blowing it out of the water. From top-notch facilities, scenic views and lavish furniture there is something for everyone to dream about at night.\n\n\nTake a look at the latest condo developments popping up in Malaysia \u2013 and see for yourself.\n\n\nCome 2019, \nThe City of Dreams\n will be available to, well\u2026 make your dreams come true. A sparkling lifestyle flooded\u00a0with tranquil water views will constantly bring you peace on the laid back island of Penang.\n\n\nCity of Dreams developed by Ewein-Zenith\n\n\n\u00a0\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHighly extravagant,\u00a0\nEPIC Luxe Homes @ Sentral Residences\n\u00a0\nis designed for those can appreciate an address that is envy-worthy. Situated in the city center of Kuala Lumpur, this home offers\u00a0awe-inspiring views of the city skyline and 150 year old Lake Garden.\n\n\nEPIC Luxe Homes @ Sentral Residences developed by Prema Bonanza Sdn Bhd\n\n\n\u00a0\n\n\nAn award-winning international waterfront precinct, \nPuteri Cove Residences and Quayside\n,\u00a0faces a private marina with over 300 berths. The luxurious condos were designed\u00a0by Singapore\u2019s premier developers and with that, it\u2019s only a 10 minute drive over to Singapore.\n\n\nPuteri Cove Residences and Quayside developed by Pacific Star Development Ptd Ltd.\n\n\nIt\u2019s clear that developers in Malaysia clearly know what they\u2019re doing. Everything seems to be dusted with luxury and the high-end options seem endless. So, if for some reason you didn\u2019t like what you see here, there are \nplenty of new homes\n for you to explore in Malaysia.\n\n"} {"url": "https://www.dotproperty.com.my/blog/hcmc-100-jump-in-new-launches", "title": "HCMC: 100% jump in new launches", "body": "\n\n\n\nNew launches in the Vietnamese city of Ho Chi Minh City grew by more than 100 percent year-on-year, according to new research from real estate agency Savills published in its latest Market Briefs report.\n\n\nThe agency reported there were 11,800 new units launched from 17 new and seven existing projects, increasing 20 percent quarter-on-quarter and more by than 100 percent Y-o-Y.\n\n\nThis, Savills reported, was the largest new supply by quarter over past five years.\n\n\nTotal primary stock in the city rose to nearly 37,200 units, increasing 20 percent Q-o-Q and by an amazing 101 percent Y-o-Y.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTotal sales amounted to nearly 7,700 units, up by 47 percent Q-o-Q and 86 percent Y-o-Y. Absorption rates were noted at 21 percent, up 4 percent Q-o-Q but down 1 percent Y-o-Y due to abundant new supply this year.\n\n\nBoth Grade \u2018A\u2019 and \u2018B\u2019 properties reached their highest sales level during the last five years, while Grade \u2018C\u2019 sales remained stable, accounting for 37 percent of total transactions.\n\n\nSavills concluded by noting that projects with good locations, investment opportunities, near developed infrastructure and comprehensive urban planning were attracting buyers\u2019 attention.\n\n\nImage: The Ascent in HCMC, being marketed by Savills.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/hcmc-the-next-two-years", "title": "HCMC: The next two years", "body": "\n\n\n\nLast year marked a new high for the residential sector in Ho Chi Minh City, according to new research from CBRE Vietnam.\n\n\nIn line with the continued expansion of the economy, market confidence started to pick up. This was clearly proven through well-attended launches, increasing sales volume and price improvements throughout 2015.\n\n\nDevelopers were confident and rushed to either release new projects, or repackage pending projects with a new design. During 2015 approximately 41,787 units were launched to the Ho Chi Minh City market across all segments, 2.2 times of that of 2014.\n\n\nLast year also saw a strong resurgence of the high-end segment in the city, with major projects clustering along the Metro Line 1. This rapid transit system is currently under construction and has triggered residential launch activities in the Eastern part of the city, including Binh Thanh District and District 2.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe city also welcomed its first biggest condominium projects \u2013 Vinhomes Central Park (10,000 units, Binh Thanh District) and Masteri Thao Dien (3,745 units, District 2) however, in terms of launched supply, the affordable segment still accounted for the largest share of 35.8 percent.\n\n\nWhile well-located high-end projects target mostly buy-to-let investors due to their high rental yield ranging between 6 percent and 8 percent gross, affordable ones proved to be a good choice to the majority of end-users with limited affordability, according to CBRE.\n\n\nDemand wise, market sentiment was strong and steadily improved over the quarters. The number of sales transactions reported was a new record high at 36,160 units, almost double that of 2014. The top tier segments (luxury and high-end) witnessed big improvements in sales volumes, expanding by 135.6 percent from last year compared with 81.2 percent of the lower grades (mid-end and affordable).\n\n\nWhile the growth of sales transactions for the mid-end and affordable segments has been slower than that of ttop-tier ones, these segments still accounted for the majority of total sales (54 percent) as they target at end-users, or real demand.\n\n\nAverage pricing on both primary and secondary fronts has improved over the quarters and at a stronger pace towards the year end.\n\n\nThe revised Law on Housing and Law on Real Estate Business came into effect from July 1, 2015. The new policy allows and encourages foreigners to own properties in Vietnam by providing more extended rights. Since then, the market has reported a significant level of interest from foreigners into major, high-profile projects from reputable developers in both Hanoi and Ho Chi Minh City.\n\n\nStrong supply and demand for top-tier properties\n\n\nAfter a long downturn caused by the bubble burst, since H2 2013, the Ho Chi Minh City residential market started to see positive signals in both supply and demand, especially in the top-tier segments (high0end and luxury). These two segments together accounted for 30.6 percent of total launched supply. Supply wise, during the crisis between 2011 and 2012, the luxury and high-end segments were those that suffered most due to the overall affordability and opportunistic nature. Prime-grade condominiums started to pick up by H2 2014 as developers were bullish to hold ground-breaking and launch events.\n\n\nSince then, top-tier segments have been nearly tripled in terms of new supply, totalling at 16,674 units by the end of last year. This is four times higher than that seen in 2007, reflecting how big the current market size is compared with the last cycle peaking during 2006 \u2013 2007.\n\n\nPhu My Hung Corporation (Taiwan) and VinGroup (Vietnam) are the biggest developers who have continually introduced new products in the south and the east respectively. These areas are also the most active buy-to-let clusters with healthy rental yields.\n\n\nDuring 2014 sales picked up with 5,767 units (versus around 1,000 units in 2011 \u2013 2012). Sales momentum remained strong in 2015 and reported a new record (13,586 sold units), double 2014.\n\n\nLooking forward, significant large-scale high-end and prime luxury projects are expected to be launched in the next two-three years. CBRE Research estimates that more than 18,200 top-tier projects will be launched in 2016 and a number equivalent to 2015\u2019s supply during 2017. However, new launches will drop significantly in 2018 due to lack of prime sites as every developer is hurrying to catch the peak until H1 2017.\n\n\nAre we still peaking or have we peaked?\n\n\nIn terms of demand, absorption in 2016 is expected to be slightly lower than 2015 since new launches will carry a much higher asking price and buyers need time to get used to such price level. Top-tier take-up may slow in 2017, especially in the second half of the year when the market sentiment run out of steam. Then it will be cut by half in 2018 as new top-tier projects being launched this year are mostly the long, pending ones at less popular districts.\n\n\nHowever, CBRE noted that 2018\u2019s market-wide take-up might be at the same level to 2014 due to the balance from lower-end products.\n\n\nStabilised price levels expected in the mid-term\n\n\nSince 2014, prices in primary market has been on the rise, though at a modest rate. CBRE Research data showed that after decreasing largely by 20.4 percent in 2010 (compared with the peak in 2008), prices have gradually increased over the quarters. Primary prices of premier homes now range between US$ 2,033 and US$ 4,197 per sqm depending on location.\n\n\nLooking forward to 2016 and beyond, CBRE Research expects that price growth rate could be strongest in 2016 (with an uptick of 17.2 percent) and may slow in 2017 \u2013 2018. With more discerning buyers and an abundant supply, developers are cautious with their price increases in order to ensure sales schedule as planned. Therefore price growth will mostly come from new, top-tier properties at very prime locations asking between US$ 7,500 and US$ 10,000 per sqsm (luxury projects in the existing central business district) and US$ 2,500 to US$ 2,900 per sqm (large scale high-end projects in the expanding CBD or in District 2 during 2016 and at Phu My Hung New Town in District 7 in 2017). From 2018, new premier properties will be scattered in other less favourable districts leading to a modest drop in primary prices.\n\n\nWill foreign buyers enter the market?\n\n\nThe crackdown on foreign housing ownership, in addition to developers\u2019 promotional sales programs, are reaping results after several months of execution. CBRE Vietnam is seeing notable interest from Singaporean, South Korean, Japanese and Malaysian buyers who live and work in Vietnam, mostly buy-to-let investors.\n\n\nHCMC\u2019s yields are very attractive, compared with other mature markets. The ready pool of tenants, especially near the international schools, also helps investors to quickly fill vacant apartments.\n\n\nVingroup, a listed local developer with the biggest land bank in Vietnam, reported a deposit receipt for more than 400 units from foreign buyers at Vinhomes\u2019 Central Park, particularly at their luxury block (Landmark 81). Anecdotal evidence also showed that other premium, high-end projects in good locations, with adequate facilities and developed by prestigious investors have attracted many foreign buyers. One project has even reached the cap applied to foreign buyers (up to 30 percent of total units) only four months after its official launch.\n\n\nHowever, CBRE Research does not expect an abrupt change in sales to foreigners during 2016.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/hedgeley-malvern-east-brings-life-suburban-melbourne", "title": "Hedgeley Malvern East brings life to suburban Melbourne", "body": "\n\n\n\nMelbourne has it all. World-class entertainment options, great schools and plenty of outstanding residential projects can all be found in this diverse city. And while Melbourne\u2019s bustling city centre tends to draw the most attention from international real estate buyers, the suburbs offer a more relaxed lifestyle. Whether you are looking to relocate here or are investigating investment opportunities, Suburban Melbourne is worth checking out.\n\n\nLive\u2026\n\n\nOf all the suburbs surrounding the centre of Melbourne, Malvern East is among the most popular. It is known for its green parks and scenic Gardiners Creek borders the neighbourhood. The suburb is home to a number of top-notch housing complexes but Hedgeley Malvern East by\u00a0\naward-winning Australian property developer Little Projects\n\u00a0is\u00a0one garnering a lot of buzz. The project is a short walk from the East Malvern train station and features some unique architecture incorporating lush greenery that provides a peaceful ambiance for those living here.\n\n\n\u2026Play\u2026\n\n\nApart from all the parks and green spaces in Malvern East, the suburb is also home to Chadstone, Australia\u2019s most prestigious and largest shopping centre. There are two golf courses in the area, East Malvern Golf Club and Malvern Valley Public Golf Course, for those who enjoy hitting the links. Several quaint restaurants and pubs keep residents of Malvern East busy during the evenings and weekends.\n\n\n\u2026Invest\n\n\nLet\u2019s start with the bad news.\u00a0\nVictoria did enact a stamp duty hike on foreign buyers\n\u00a0that increased the surcharge from three percent to seven percent last year. And while it is not ideal, the government\u2019s move to reign in home prices hasn\u2019t completely deterred property buyers from abroad. That\u2019s because, and this is the good news, demand for homes in Melbourne and its suburbs is still strong and home values continue to climb, especially in locations like Malvern Eaast.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nA project such as Hedgeley Malvern East is attractive on many fronts. For those looking for long-term, passive income, you are getting a property at one of Melbourne\u2019s most desirable addresses. It also appears as if property values in this suburb are going to continue to increase, ensuring a well-rounded investment that provides solid returns when divested in the future.\n\n\nFinal Thoughts Hedgeley Malvern East\n\n\nA lot of international property buyers, both investors and end users, were put off by the stamp duty increase imposed by the government of Victoria. This is understandable, however, given both the short- and long-term outlook of Melbourne\u2019s real estate market, opportunities are still to be found. The right project in the right location, including the city\u2019s suburbs, will be profitable regardless of an increased stamp duty. Melbourne also remains one of the world\u2019s most liveable cities and it\u2019s hard to put a price tag on that for those considering relocation.\n\n"} {"url": "https://www.dotproperty.com.my/blog/help-victims-typhoon-mangkhut-philippines", "title": "How to help victims of Typhoon Mangkhut in the Philippines", "body": "\n\nPhoto: Japan Meteorological Agency\n\n\nTyphoon Mangkhut passed through the Philippines, but its impact will continue to be felt for the weeks and months to come. According to government estimates, \nmore than 591,000 people are having to cope with disrupted living \nconditions\n\u00a0while damage is estimated at least PHP 11 billion (USD 203 million) with the total likely to rise.\n\n\nThe storm decimated northern parts of the country with areas like Cagayan, Ilocos Norte, Isabela, Abra and other parts of Northern Luzon bearing the brunt of Typhoon Mangkhut.\n\n\nThere are a number of organisations and institutions in the Philippines where you can donate to help in the recovery efforts. And if you currently in the country, it is possible to volunteer.\n\n\nSave the Children\n\n\nSave the Children is accepting monetary donations to help their emergency response teams in affected areas. The organisation is also dispatching relief goods and emergency kits to those in need.\n\n\nClick here to make an online donation\n\n\nWorld Vision\n\n\nWorld Vision is coordinating with national and local disaster authorities to look into the emergency needs such as food and life-support items in order to support the relief efforts of the Philippine government. The organisation focuses on the essential needs of children.\n\n\nClick here to make an online donation\n\n\nKabataan\n\n\nKabataan is a volunteer network in the Philippines led by various youth and student organizations. The group is asking for the donations of relief goods such as canned goods, rice and noodles, bottled water, coffee, medicine, clothes and blankets if you are near a drop-off station in Quezon City. You can also make an online donation via PayPal.\n\n\nClick here to make an online donation\n\n\nPhilippine Red Cross\n\n\nThe Philippine Red Cross (PRC) is asking for donations made through bank deposit or by visiting the Philippine Red Cross Tower in Mandaluyong City. Currently, the PRC has provided almost 2,000 individuals with hot meals while also setting up first aid stations and welfare desks in evacuation centers and conducting water search and rescue operations in Cagayan and Nueva Ecija.\n\n\nClick here to learn how to donate\n\n"} {"url": "https://www.dotproperty.com.my/blog/heres-can-enter-dot-property-awards-2021-ab", "title": "Here\u2019s how you can enter the Dot Property Awards 2021", "body": "\n\n\n\nThe Dot Property Awards returns for 2021 with events scheduled for Vietnam, Thailand and the Philippines in addition to our regional celebration in Bangkok at the end of the year. Entries are currently being accepted for the Dot Property Awards 2021, and there is still time to join Southeast Asia\u2019s most exciting property awards series.\n\n\nThe process to enter is entirely digital and takes roughly 5-10 minutes to complete. We encourage you to submit your entry as early as possible in order to ensure all information is accurate. Here is a brief, step-by-step guide on how you can enter the Dot Property Awards 2021.\n\n\nStep 1 \u2013 Prepare information\n\n\nBefore you submit your entry, it is good to have some basic information on hand. For developers, this includes knowing the basics of your portfolio and how many projects you\u2019ve launched in the past five years. For real estate agents, you will need to provide some simple details such as when your company was founded.\n\n\nStep 2 \u2013 Fill out the entry form\n\n\nClick here to go to the Dot Property Awards entry form\n. Once there, please answer the questions in as much detail as possible. You will be prompted to choose the projects you wish to nominate and awards you want to be considered for.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nStep 3 \u2013 Submit the entry form\n\n\nDon\u2019t forget to click on the big \u2018Enter Now\u2019 button at the bottom of the form once you have filled it out. Additionally, if you wish to nominate another project or want to be considered for a different award, you can always fill out the form again.\n\n\nStep 4 \u2013 Wait for confirmation\n\n\nOnce the form has been submitted, the Dot Property Awards team will contact you to confirm your entry and request further details if necessary. This could include things like marketing materials, project brochures and company information. The Awards team can also answer any questions you may have about the presentation ceremony or things related to this year\u2019s program.\n\n\nEnter the Dot Property Awards 2021 today!\n\n\nWhy enter Dot Property Awards 2021?\n\n\nWinning a Dot Property Award helps build trust amongst the public while also elevating your brand. It is more important now than ever before to be seen by the public as a credible company. Winning an award is one of the best ways to build that credibility as it shows the world your work has been independently verified and recognized.\n\n\nDot Property Awards 2021 presentation ceremonies are scheduled for Vietnam in July, Thailand in August and the Philippines in September. Each one is currently set to proceed, although plans are subject to change.\n\n\nClick here to submit your entry form\n\n"} {"url": "https://www.dotproperty.com.my/blog/heres-chance-attend-biggest-night-southeast-asia-real-estate", "title": "Here\u2019s you chance to attend the biggest night in Southeast Asia real estate", "body": "\n\nA select number of tickets for the Dot Property Southeast Asia Awards 2022 are now available. Be a part of the biggest night in Southeast Asia real estate and mingle with the industry\u2019s best and brightest. The event will go ahead on Thursday, December 15 at the luxurious Four Seasons in Bangkok.\n \nClick here to secure your spot\n!\n\n\nYour all-access pass includes pre-event networking; a seat for the awards presentation; multi-course dinner; and entrance to the Dot Property Southeast Asia Awards 2022 afterparty. Best of all, drinks are free flow throughout the evening.\n\n\nDevelopers and agents from around Southeast Asia will be in attendance. This provides you with unmatched opportunities to network with regional property leaders.\n\n\nThis your chance to find out why the Dot Property Southeast Asia Awards 2022 are known as property\u2019s most exciting night. Only a few tickets are available on a first come, first served basis. \nCheckout this video from our previous celebration to see what you can expect on December 15\n.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSo, what are you waiting for? Join us at Four Seasons Bangkok on December 15 and be part of the biggest night in Southeast Asia real estate. This is a celebration you won\u2019t want to miss! \nBook your tickets today\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/heres-exclusive-opportunity-learn-uks-stamp-duty-holiday-benefits-industry-experts", "title": "Here\u2019s your exclusive opportunity to learn about the UK\u2019s Stamp Duty Holiday Benefits from industry experts", "body": "\n\nInvestors can take advantage of the UK\u2019s Stamp Duty Holiday Benefits at projects like Royal Arsenal Riverside\n\n\nBetween now and the end of March 2021, UK property investors can enjoy Stamp Duty Holiday Benefits. Taking advantage of this program can significantly reduce your stamp duty land tax responsibility when purchasing a property in the UK.\n\n\nSavills Malaysia with Berkeley Group, a leading UK developer, is hosting an exclusive webinar where participants can learn more about the Stamp Duty Holiday Benefits from respected tax consultants and industry experts as well as receive information about Royal Arsenal Riverside, an iconic London project.\n\n\nThe webinar is free to join and will take place on August 27. \nClick here to register for this exclusive event\n. Alternatively, you may book an appointment with Savills Malaysia to receive more information at a time that is convenient for you. \nSchedule your appointment today\n.\n\n\nSpeakers scheduled to appear at the webinar include Melissa Koshy, Vice President, Project Marketing & Residential Agency at Savills Malaysia; Martin Holden, Director MJH Tax Consultants; Sam Lee, Senior Advisor Capricorn Financial Consultancy and Dominic Wang, International Sales Manager at Berkeley Homes.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAbout Royal Arsenal Riverside\u00a0 \n\n\nRoyal Arsenal Riverside\n combines a prime location along the River Thames with the largest residential leisure facility in south London. The result is a project that offers significant investment potential with one of the city\u2019s best living experiences.\n\n\nThe project is located in the heart of Woolwich, an area recognized as one of London\u2019s up-and-coming bright spots. Royal Arsenal Riverside boasts a diverse retail hub and is one of the most connected residential developments in all of Southeast London. Work continues on a Crossrail station that will be linked to the development while the Thames Clipper Pier is on-site. National Rail and DLR stations are less than a five-minute walk away.\n\n\nThere are one-, two- and three-bedroom units available in Royal Arsenal Riverside. Layouts are spacious with many offering great views of the iconic River Thames.\n\n\nExclusive London property investment opportunity \n\n\nWhile the Stamp Duty Holiday Benefits are being made available until the end of March 2021, interested real estate investors will need to act now to secure the remaining Stamp Duty Holiday qualified units in the most desirable projects, such as Royal Arsenal Riverside.\n\n\nThe upcoming webinar from Berkeley Group on August 27 is set to have four expert speakers each providing detailed insights on purchasing London property. And if you cannot attend on August 27, it is possible to speak with representatives from Savills Malaysia at a time of your choosing.\n\n\nClick here to join the webinar\n or \nscheduled your one-on-one appointment with Savills Malaysia\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/heres-looking-yoo-exploring-designers-work-southeast-asia", "title": "Here\u2019s looking at YOO, exploring the designer\u2019s work in Southeast Asia", "body": "\n\nLast month, famed design firm YOO revealed a desire to further its expansion in Southeast Asia. The company plans on opening a Bangkok HQ to support its efforts. The move makes sense as the region has a strong demand for branded residences.\n\n\n\u201cWe have considered opening an office for quite some time in Bangkok as it\u2019s the hub of Southeast Asia,\u201d Andrew Pang, Asia-Pacific Managing Director at YOO, stated. \u201cBeing here in the market is critically important for us to grow.\u201d\n\n\nYOO, which boasts 13 percent of total branded-residence projects in the world, designs rooms and common areas in condos, co-working spaces and hotels. Developers then parlay these efforts by attaching the YOO name to their project. This can increase demand from the public while also creating a higher price.\n\n\nKhun By YOO Condominium Thong Lo\n\n\n\u201cWe believe our approach to design will resonate in this regional market,\u201d James Snelgar, YOO\u2019s head of international business development, said. \u201cWe expect huge business growth in the next five to 10 years as we expand into other spaces like hotels and co-living spaces.\u201d\n\n\nThe expansion allows YOO to raise its profile in the region, but it already has a solid number of projects here. Thailand, Malaysia and the Philippines are among the countries where YOO has at least one condominium development.\n\n\nThe YOO portfolio in Southeast Asia\n\n\nThe design outfit\u2019s most notable Southeast Asia project to date is Khun By YOO Condominium Thong Lo. Developer Sansiri tabbed YOO to help add an extra level of luxury to this Bangkok project. The most notable feature at the 27-story tower is the copper core running through the heart of the building. There are also flashes of raw concrete throughout the condo and a specially crafted fa\u00e7ade that exudes an elegant and luxurious appearance.\n\n\nKhun By YOO is slated for completion in late 2019 or early in 2020, but the project has already made waves. It is the price per-square-metre record holder for Bangkok\u2019s posh Thong Lor neighbourhood.\n\n\nClick here for more information\n\n\nYOO 8 in Kuala Lumpur\n\n\nIn Malaysia, work has begun on YOO 8. The luxury condominium is being developed by KSK Group and one of the key selling points are the project\u2019s views of the iconic PETRONAS Towers.\n\n\nFrom a design standpoint, the use of marbles and raw concrete with brass offers a new take on vertical living, creating beautiful residential spaces in the process. The upscale residential development also promises well-designed communal areas and amenities.\n\n\nIguazu by YOO in Makati\n\n\nYOO also has a presence in the Philippines with its work on Iguazu by YOO. Respected developer \nCentury \nProperties\n\u00a0is partnering with the design house to curate a project inspired by the Iguazu Falls in South America. A waterfall pool and wet lounge are just a few of the carefully designed amenities put in place to support this theme.\n\n\nUnits in Iguazu by YOO feature a palette utilising nature, culture and minimal colours as residences embrace the sights of the Iguazu Falls. The condominium is located just outside of Makati and provides easy access to the city\u2019s CBD.\n\n"} {"url": "https://www.dotproperty.com.my/blog/heres-opportunity-unique-hotel-tropical-island", "title": "Here\u2019s your opportunity to own a unique hotel on a tropical island", "body": "\n\nWhat if you could own a unique hotel on a tropical island that is popular among local and overseas tourists? Not only that, but one that was available at a significant discount? The award-winning CMP Realty has a listing you don\u2019t want to miss.\n\n\nThis beautiful 25-key resort on Koh Mak\n is ideal for anyone wanting either a turnkey investment or a property that can be expanded upon. The opportunities are truly endless. Let\u2019s start with what is already on-site.\n\n\nThe hotel features 25 fully equipped bungalows with air conditioning installed. Additionally, the resort boasts a three-level swimming pool, two restaurants, two parking lots, an office, employee housing and a private dock. There is also additional space that could be used to build roughly 20 more bungalows or several premium villas.\n\n\nAn areal view of the unique hotel for sale in Koh Mak\n\n\nIt sits along the waters of the Gulf of Thailand on Koh Mak. Situated south of Koh Chang, this tropical island has become quite popular over the past few years because of the quieter, more laid-back ambiance it offers. It\u2019s easily accessible via ferry from Trat which is connected to Bangkok by both air and road links.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCMP Realty has the resort listed on Dot Property Thailand for THB80 million, THB40 million off the original asking price. With the potential for future hospitality development on Koh Mak limited, this presents investors with a unique opportunity to secure a spot in an up-and-coming tourist destination.\n\n\nClick here to learn more\n\n\nAbout CMP Realty\n\n\nCMP Realty was named among Thailand\u2019s Best Real Estate Agencies at the Dot Property Thailand Awards 2021\n\n\nCMP Realty assists customers looking for property in and around Pattaya and Phuket. It is backed by an brand that operates internationally which provides clients with a perspective that is both local and global. The firm was named among Thailand\u2019s Best Real Estate Agencies at the Dot Property Thailand Awards 2021. \nClick here to see all their available properties\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/heres-rolling-ant-used-video-games-innovate-way-people-view-property-vietnam", "title": "Here\u2019s how Rolling Ant used video games to innovate the way people view property in Vietnam", "body": "\n\nSales agents using Rolling Ant\u2019s fully nteractive PC application to present at Masterise Homes's Sales Gallery\n\n\nThis article on Rolling Ant appears in the newest issue of Dot Property Magazine. \nClick here to download your FREE copy today\n!\n\n\nOn the surface, it appears that video games and real estate may not have a lot in common. However, both are driven by experiences and are extremely visual in nature. Comparisons don\u2019t end there. The best video games are brought to life by being engaging and striking to look at. It\u2019s a similar story for property.\n\n\nRolling Ant was one of the first companies to realize the similarities. The firm decided to create an innovative range of real estate viewing solutions after spending 16 years developing Xbox 360 and PlayStation triple A titles for companies such as Microsoft, EA and Disney. It\u2019s background in video games allowed it to see the property sector in a new and exciting light.\n\n\n\u201cWe saw that a lot of what works with video games applies to different businesses as well. So, we took a major leap and put resources into developing Rolling Ant\u2019s solution to better serve the real estate industry,\u201d Nam Hoai Nguyen, Rolling Ant CEO and Founder, recalls. \u201cWe have innovation in our DNA, so the \u2018game\u2019 team constantly works on new features and tools that can then be applied to the real estate industry.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTraditional digital viewing solutions used by the real estate industry tend to focus exclusively on the visual aspect of a project. This is important, but also misses a crucial element that can create a bond between a person and property even if it isn\u2019t built yet. Rolling Ant realized people required something more than pretty things to look at. They needed an engaging experience like they\u2019d find in a video game.\n\n\n\u201cThe difference between our services and other digital/arch visualization is not about visuals. It is about how we stimulate the project and find ways to gamify the viewing experience,\u201d Nam explains. \u201cOur approach is to understand the unique selling point of a project and then create an emerging moment that captures it.\u201d\n\n\nIn order to do this, Rolling Ant builds fully interactive virtual environments where people have the freedom to really explore and view projects from any angle and in any light or environmental condition. Anyone can roam at a leisurely pace in an open world-style setting where they chart their own course.\n\n\nThat innovation is allowing homebuyers in Vietnam to make more informed decisions about buying off-plan property. By creating an engaging experience, Rolling Ant has removed the uncertainty that usually causes people to hesitate or feel uncertain.\n\n\n\u201cToday\u2019s homebuyers are astute and intelligent. They want as much data and information as possible before making the decision to buy or not,\u201d Nam says. \u201cRolling Ant\u2019s solution helps show them all perspectives at any time of the day from any angle. We cover the imagination gap for purchasers.\u201d\n\n\nInnovation at the right time\n\n\nNguyen Hoai Nam \u2013 CEO of Rolling Ant\n\n\nThe \nVietnam\n real estate market is in a period of growth and advancement. Developers continue to launch more ambitious projects which require a significant level of storytelling. Rolling Ant\u2019s innovation has come at a great time for the property sector as it can help showcase engaging experiences as opposed to linear visualization.\n\n\n\u201cThe real estate market has brought a lot of master urban planning projects with mixed-use developments, large-scale residential communities and many other project types being built across Vietnam. The planning and vision of some of these developments has taken more than a decade to create,\u201d Nam points out. \u201cWe want to not only accurately showcase these developments but also allow people to see the beautiful future of each one.\u201d\n\n\nAmong the most interesting things about the technology Rolling Ant uses is just how detailed it can be. The experience shows people every last detail about a project which would have been unheard of as recently as five years ago. The public no longer has to wonder about what something will look like. Instead, they can see it for themselves.\n\n\n\u201cProjects in Vietnam have gone from being a couple hundred units to now having a couple thousand, from 10 hectares to 1000 hectares. The strength of our technology is that it can show people every last tile of a project no matter the size,\u201d Nam states. \u201cWe have developed a backend tool to create movies and images for every single unit among the thousands.\u201d\n\n\nRolling Ant believes it is the only team in the world that can create a fully interactive PC application for urban planning developments of up to 1000 hectares. Several of Vietnam\u2019s leading developers have already tapped into this power to showcase their projects.\n\n\nFor example, Novaland enlisted Rolling Ant for the 1000-hectare Novaworld Phan Thiet resort complex and Aqua City, a massive township project. Other homebuilders to have partnered with the company include Masterise Homes, Keppel Land and Son Kim Land.\n\n\n\u201cOur technology allows everyone to visit any corner of a project using a street-eye level view. In high-rise buildings, potential buyers can visit any unit and feel the view from the balcony. Not a generic view of what you may see, but the actual view they will experience in real life. Off-plan buyers will see exactly what they can expect as opposed to a more general sense of what a unit might be,\u201d Nam says.\n\n\nLast year saw Rolling Ant presented with the Special Recognition Award for Innovation at the Dot Property Vietnam Awards. The honor not only validated its decision to move into the real estate sector but showed the entire industry the importance of having a unique perspective.\n\n\nWinning has inspired Rolling Ant to keep innovating. The company is already looking at how it can provide property buyers with more immersive experiences and new hardware could lead to some really exciting advancements.\n\n\n\u201cThe recognition from Dot Property is such a big achievement for us. For the Rolling Ant team, it is a big push that will keep us rolling forward,\u201d Nam concluded.\n\n"} {"url": "https://www.dotproperty.com.my/blog/heres-smart-investors-benefit-eco-revolution-luxury-travel", "title": "Here\u2019s how smart investors benefit from the eco revolution of luxury travel", "body": "\n\nPalawan is a staple of \nTravel + Leisure\n\u2019s World Best Islands list having finished consecutively at the top. It\u2019s easy to see why people love it. The island has it all from beautiful beaches to lush mountains. There\u2019s even an underground river. And sites marked as UNESCO World Heritage.\n\n\nWith ease of travel restrictions, tourists are coming back to heavenly places in Palawan and the numbers keep rising. Philippines has achieved its year-end target of foreign tourist arrivals in the country, with more than two months to go before 2022 ended. Reports suggest that El Nido attracted one-third of these tourists, making Philippines Southeast Asia\u2019s fastest-growing tourism industry and transforming El Nido into a lucrative hospitality investment option driven by its strong tourism growth and its status as the most sought-after \u2018back to nature\u2019 experience destination.\n\n\nThat is what makes Explorar Treehouses El Nido such a rare opportunity. The development is your chance to own a 5-Star breathtaking pool villa on one of the world\u2019s best islands. What\u2019s more, it\u2019s backed by a turnkey investment program that offers an eight percent net yearly return during the first five years of operations; and a secure exit with capital gains after five years or a profit-sharing model for you to earn a long term robust passive income.\n\n\nYou\u2019ll also be able to stay at the world class resort for up to 30 days annually. But before we learn more about what makes \nThe Explorar Treehouses El Nido\n so special, let\u2019s explore the potential of El Nido.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhy invest in Palawan real estate?\n\n\nPhilippine Department of Tourism data showed there were 8.26 million foreign arrivals in 2019, more than a 15 percent increase from the previous year. An additional 60 million trips are made by locals annually, an important figure to note. Of course, COVID-19 dealt a significant blow to these numbers. However, there is reason to believe a quick turnaround is likely given what is being seen elsewhere globally. The most recent stats shared by Department of Tourism and economic growth numbers (highest in Southeast Asia) is a proof of it.\n\n\nFocusing on Palawan, it has been one of the country\u2019s most popular destinations among both overseas and domestic tourists. Having recorded notable growth over the past decade, the Philippine government has invested in infrastructure to attract even more travelers.\n\n\nIn 2017, a new passenger terminal was opened at Puerto Princesa International Airport to help the region welcome more arrivals. Additionally, smaller airports can be found all over the island with many of these offering flights to Metro Manila.\n\n\nMeanwhile, work on several ports across Palawan is either ongoing or in the planning stages. Some of these will be able to accommodate cruise ships, others will handle passenger ferries. Most are expected to support cargo operations in some form.\n\n\nIntroducing El Nido\n\n\nEl Nido is arguably Palawan\u2019s most popular spot. Located on the island\u2019s northern tip, it is a picturesque retreat that boasts legendary scuba diving, stunning beaches and awe-inspiring limestone cliffs. The region is perhaps best known for lagoons that are bustling with underwater sights, including world famous coral reefs.\n\n\nThe town is served by El Nido Airport which has direct connections with Metro Manila and Cebu. A new airport \u201cCeasar Lim Rodriguez Airport\u201d within 45mins distance from the project site is opening soon. In 2020, the Philippine Ports Authority (PPA) opened a new port in El Nido that can accommodate roll-on/roll-off vessels and other larger cargo ships. This facility was designed to support tourism in the region.\n\n\nAn exclusive property investment opportunity in El Nido\n\n\nDespite all of its wonderful sights and potential for growth, there aren\u2019t many property investment opportunities in El Nido or Palawan as a whole. And when one does become available, it sells out in short order.\n\n\nThat brings us to The Explorar Treehouses El Nido. The 5-star, luxury eco-resort is just 500m from beach and situated on an exquisite piece of land surrounded by lush mountain terrain, which overlooks azure waters, touching pristine white sand beaches. This sustainability award-winner 69-Teehouse Villa Estate is designed by renewed designers and creating a buzz worldwide to stay in Palawan when it opens in 2025.\n\n\nThe fully integrated eco-resort boasts world-class amenities, including spa & wellness center, \u201cThe Exchange\u201d a social space to mingle, tailored experiences, as well as absolute beach access and stunning ocean views. It is also only one of a few tourism-focused real estate investment opportunities currently available on the island.\n\n\nThe developer behind The Explorar Treehouses El Nido has released the final collection of villas, selling 6 of these premium properties in a record time. That means time is running out to be among the privileged few to own an exquisite home here.\n\n\nEach villa is supported by a turnkey investment program that will ensure owners are able to get the most out of their property. For the first five years, an eight percent net yearly return is guaranteed. After that, investors can opt to participate in a 60/40 profit-sharing scheme which could produce up to double-digit yields. Returns are distributed quarterly to a designated bank account of your choice.\n\n\nAs for the residences themselves, they come fully furnished and fitted to standards set by LEED system, under the supervision of CBRE and the developer Eureka Resorts with 30+ years of combined experience. To sum it up It is a true ultra-luxurious hospitality experience offered by Philippines leading luxury real estate investment company El Nido Beach. Each treehouse features a spacious terrace, 360-degree views, private plunge pool and a chance to experience world-class amenities in raw nature.\n\n\nThis isn\u2019t simply an investment though. It is also your holiday home. Owners are entitled to stay at the resort for up to 30 days each year. And that is something you will most likely want to take advantage of.\n\n\nThese residencies are selling out fast. Don\u2019t miss this rare opportunity to invest in breathtaking cliffside villas located on one of the world\u2019s best islands. \nClick here to reserve your residence\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/heres-virtual-offices-helping-businesses-unlock-potential-malacca", "title": "Here\u2019s how virtual offices are helping businesses unlock the potential of Malacca", "body": "\n\nRegus virtual offices in Malacca's Metra Square are the ideal base for those looking to enter the local market\n\n\nFrom its 15\nth\n century origins as a trading post to the recent launch of the Melaka Waterfront Economic Zone, Malacca has long supported the ambitions of entrepreneurs from around the world.\n\n\nAnd while the city, and Malaysia as a whole, move forward with digitalization efforts, the office sector has lagged. The pandemic has only served to exacerbate these issues. Entrepreneurs looking for support have often found themselves shut out of the market.\n\n\nUntil recently, that is. Understanding the unique needs of the business community as well as what Malacca can offer, developer Sheng Tai International and Regus\u2019 parent company IWG reached an agreement to open three centers in the city\u2019s Metra Square complex with the first opening in 2021.\n\n\nThe focus here is a bit different from traditional Regus hubs. It has been designed as a base for members using Regus\u2019 virtual office service. Those requiring a casual, drop-in workspace have something tailored for that purpose. Additionally, businesses or entrepreneurs from outside the region can enjoy a physical presence in Malacca without needing to travel or relocate immediately.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSheng Tai International Founder, Dato\u2019 Leong Sir Ley, believes this type of setup is the way forward. Not only does it allow for cross-border collaboration and growth into new markets, but it also empowers locals who have taken up new ventures during the pandemic.\n\n\n\u201cSome of them have done so well that they want to start their own new business. It\u2019s too much to expect these fledgling entrepreneurs to immediately invest a lot of money to rent a place, renovate, to hire staff, when business is not there yet,\u201d she explains. \u201cThe best initial start is to get a virtual office, to keep the costs low and to try to work out whether the business is going to be a success before making bigger commitments.\u201d\n\n\nLearn more about a virtual office plan in Malacca\n\n\nWorking with Regus virtual offices in Malaysia\n\n\nIt is not simply Malacca where Regus virtual offices are helping. Across Malaysia, entrepreneurs, SMEs and other businesses are leveraging this setup to help them build for future success.\n\n\nRegus virtual offices can be found in the country\u2019s key business hubs, including Kuala Lumpur, Selangor, Penang, Johor Bahru and Sabah to name a few. And if your needs change or you require something more permanent, that can easily be taken care of at Regus as well\n\n\nSee available Regus offices in Malaysia\n\n"} {"url": "https://www.dotproperty.com.my/blog/high-end-competition-hots-up-in-kl", "title": "High-end competition hots up", "body": "\n\n\n\nAmid domestic and external headwinds, the Malaysian economy continued to moderate during the second half of last year according to the latest research from real estate firm Knight Frank, recording a growth of 4.7 percent in the third quarter of 2015 versus 4.9 percent in the second quarter, driven mainly by private sector demand.\n\n\nFor the whole year of 2015, the country\u2019s economy was expected to expand by 4.5 percent to 5.5 percent (2014: 6.0 percent).\n\n\nPrivate consumption, which grew by 8.8 percent in 1Q 2015 (4Q 2014: 7.6 percent) decelerated to 6.4 percent in 2Q 2015. Going forward, the real estate company said it is expected to moderate further as households continue to be concerned over the state of the economy amid uncertainties arising from implementation of the Goods & Services Tax (GST), further weakening of the local currency and softer labour market conditions.\n\n\nMeanwhile, private investment which expanded by 11.7 percent in 1Q 2015 (4Q 2014: 11.1 percent) contracted sharply to 3.9 percent in 2Q 2015 as business sentiment weakened.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHeadline inflation averaged at 2.9 percent in June and July (2Q 2015: 2.2 percent) reflecting the effects of higher domestic fuel prices and the impact of the GST. Moving forward it is expected to peak during early 2016 before moderating for the remainder of the year. The unemployment rate increased marginally to 3.2 percent in July from 3.1 percent during the preceding month.\n\n\nSUPPLY & DEMAND\n\n\nThe cumulative supply of high-end condominiums in Kuala Lumpur stands at 42,749 units following the completion of 3,139 units in the second half of 2015. In terms of distribution, Mont\u2019 Kiara / Sri Hartamas contributed about 48.0 percent (1,508 units), followed by KL City with 35.5 percent (1,113 units). The remaining units are located in Ampang Hilir / U-Thant area (518 units or 16.5 percent).\n\n\nNotable completions included Face Platinum Suites (Phase 1), Mirage Residence and Crest Sultan Ismail in KL City; Concerto and Verdana in North Kiara; DC Residency in Damansara Heights; and Damai 88, A Residency D\u2019Suria, 9 Madge and Brunsfield Residences @ U-Thant in the Ampang Hilir / U-Thant area.\n\n\nAnother seven projects, scheduled for completion by the first half of 2016, will contribute some 1,998 units to the existing stock. The bulk of this future supply is located in KL City (1,591 units), followed by the localities of KL Sentral and Mont\u2019 Kiara with 160 units and 118 units respectively.\n\n\nThe projects include Pavilion Banyan Tree Signatures, Le Nouvel, Vortex Suites, The RitzCarlton Residences Kuala Lumpur, KL Trillion, The Residences at The St. Regis Kuala Lumpur and One Kiara (Tower A). The impending completions of Pavilion Banyan Tree Signatures, The Ritz Carlton Residences Kuala Lumpur and The Residences at The St. Regis Kuala Lumpur, leveraging off the quality of international-class hotel brands, marks a new era of luxury living in Kuala Lumpur.\n\n\nDespite the sluggish high end residential market, several notable projects were pre-viewed and launched during this half year.\n\n\nThe latest debut of branded residences is YOO8 by Kempinski, forming part of the RM 5.4 billion 8 Conlay integrated mixed-use project that also comprises retail and hotel components. Tower A, featuring 564 units sized from 700 sq ft to 1,300 sq ft, was launched in November. Despite its new benchmark pricing, averaging at RM 3,200 per sq ft, it has reportedly achieved 70 percent bookings. Tower B with 468 units is slated for launch by 1H 2016. Designed by Pritzker prize winner, Jean Nouvel, the 195-unit Le Nouvel KLCC by Wing Tai Asia is a \u2018build-then-sell\u2019 project. The indicative pricing for the luxury apartments with typical sizing of 1,810 sq ft to 2,832 sq ft is from RM 2,200 per sq ft upwards. The project is expected to be launched next year.\n\n\nOn October 1, UDA Land Development Sdn Bhd unveiled its latest project known as Anggun Residences. Located within \u00a0walking distance from the Medan Tuanku monorail station, Anggun Residences offered 384 units of serviced apartments atop a three-storey retail podium, priced from RM 1,300 per sq ft.\n\n\nBina Puri Holdings Bhd, the developer for the Opus Residences, announced all the units for Opus Tower 2 will be equipped with Calvin Klein furniture and Gorenje kitchen appliances. The units, sized from 700 sq ft to 1,100 sq ft, are priced from RM 1,500 to RM 1,600 per sq ft. In the locality of Ampang Hilir / U-Thant, KSL Group\u2019s latest project known as 18 Madge is designed by Veritas Architects. The luxury low-density condominium development features 48 units with typical sizing from 2,234 sq ft to 4,207 sq ft and two penthouses sized at 13,913 sq ft and 14,803 sq ft. Selling prices start from RM 2.7 million.\n\n\nAgile Mont\u2019 Kiara, designed by renowned Singaporean architectural firm, DP Architects, opened its 44-storey Tower H for sale in October. The 171 partially-furnished units are priced from RM 900 to RM 950 per sq ft on average. To date, the tower has reportedly achieved circa 50 percent bookings.\n\n\nUpcoming notable projects with residential components include 8 Kia Peng by I-Bhd; Stonor 3 \u2013 a joint-venture project between Tan & Tan Developments Berhad and Mitsubishi Jisho Residence; Casa Kiara 3 in Mont\u2019Kiara (288 units with GDV of RM 336 million) by Sunway Property; Phase 1 of The Belfield by Tradewinds Corporation (a high-rise residences centered on a premium retail avenue); a residential block within the on-going KL Gateway development by Suez Capital; the Bukit Bintang City Centre (BBCC) \u2013 a JV project between Eco World Development Group Bhd, UDA Holdings Bhd and the EPF; and Phase 1 of Pavilion Damansara Heights by Impian Ekspresi of Pavilion Group and the Canada Pension Plan Investment Board (CPPIB) with guaranteed rental returns.\n\n\nOUTLOOK\n\n\nKnight Frank reported that market sentiment for the high-end condominium segment remains cautious going forward, as it continues to be impacted by the various cooling measures, softening demand and a slowdown in the economy. Some of the projects scheduled for launch by 1H 2016 may be deferred.\n\n\nThe impending completions of new projects amid a weak market is expected to heighten competition in the rental market, both in KL City and its fringe locations.\n\n\nThe competitive high-end condominium market is also driving developers to greater level of product innovation and marketing strategies. Knight Frank noted there has been an increased trend of projects offering leaseback arrangements and pool management programmes with guaranteed rental returns to boost sales and attract potential buyers and investors looking for long-term investment in terms of rental returns and potential capital appreciation.\n\n\nKuala Lumpur also continues to witness the entry of more branded residences as it moves towards becoming a world-class city by 2020, supported by major investments in its public transportation system. The on-going and upcoming infrastructure works that include the Light Rail Transit (LRT) extension lines and Mass Rail Transit (MRT) lines will promote more transit-oriented developments (TOD) along the transportation routes.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/high-end-villa-koh-samui-customized-needs", "title": "Own a high-end villa on Koh Samui customized to your needs", "body": "\n\nIt is easy to find a high-end villa on Koh Samui. However, finding one customized to your unique needs and wants is much harder. This was not lost on the developers of Emerald Bayview. In fact, it inspired them to empower villa owners with the freedom to create the home of their dreams.\u00a0\n\n\n\u201cMost Samui projects look the same. We want to be different because clients have different tastes. We want to offer buyers a level of customization that allows them to create a home where they can truly feel comfortable,\u201d Jonathan Diluret, Premium Properties Samui Sales Director, states.\n\n\nHe adds that buyers are free to create whatever they wish within the frame of the plot. The renders and designs of \nEmerald Bayview\n are an example of what is possible, not what is available.\u00a0\n\u00a0\n\n\n\u201cWe offer several villa designs. There is a \nthree-bedroom villa\n with double-high ceilings and a \nfour-bedroom villa\n \nwith independent access for each bedroom for the ones more interested in the rental aspect\n as well. But our design offerings are a starting point. Anything is possible. The renders we provide are examples or can be used as a template. Nothing about your villa is definitive, not even the layout,\u201d Jonathan details.\u00a0\n\u00a0\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPremium Properties Samui is a full-service real estate company that has its own construction team. This gives the developer full control of the costs and greater freedom on projects like Emerald Bayview which is then passed on to owners. Layout, finishings and designs can all be tailored to suit your needs. That means you\u2019ll be buying a high-end villa on Koh Samui customized to you and no one else.\n\u00a0\n\n\nThe Emerald Bayview customization process\n\n\nYou can choose your own finishings or the developer can provide you with samples of what has been done\n\n\nCustomizing an Emerald Bayview villa starts with finalizing your desired layout. This is done prior to signing the purchase agreement. If you aren\u2019t sure what you want, Premium Properties Samui can provide numerous examples of completed residences. And if you have an idea but want to see what it will look like, their \nin-house\n architect is able to bring the concept to life.\n\n\n\u201cWe are happy to take clients to previous projects just to show them how their villa can look and feel like. We also have an office where our architect can make modifications to potential designs, so they can easily be visualized,\u201d Jonathan explains.\n\n\nOnce the purchase contract has been signed and construction is underway, it\u2019s time to select finishings and the kitchen. Jonathan Diluret notes that homebuyers can either choose from a catalog or propose what they wish to use. From there, the developer will then find the equivalent with their supplier. However, potential customization goes much deeper than this.\u00a0\n\n\n\u201cIn the purchase contract, we include a bill of quantity that summarizes every feature in the home with their prices. Buyers have an allocated budget for each item which they can play with to upgrade features or adjust areas as they see fit,\u201d Jonathan says.\u00a0\n\u00a0\n\n\nYou can\u2019t beat that view\n\n\nFor example, let\u2019s say bathroom flooring is a low priority but you want high-end countertops. All you have to do is choose bathroom tiling that comes in under budget and then put the leftover amount towards your countertops. Jonathan adds upgrades are possible with the client only paying the difference in price.\n\n\nThe entire process is fully transparent from budgeting to building. Those in Samui are free to see how construction is going in person while buyers abroad can check in on their villa via video, \nthanks to our onsite CCTVs\n.\n\u00a0\n\n\n\u201cBuyers who can\u2019t be in Samui are provided with access to our CCTV which they can use to monitor construction from wherever they are in the world. We want them to be involved in the process because this will be their home. Transparency is key to accomplishing that,\u201d Jonathan points out.\n\u00a0\n\n\nYour villa, your investment\n\n\nA look at Emerald Bayview from above\n\n\nNo matter how you create your \nEmerald Bayview villa\n, it can be an investment property as well as a holiday home. This is something that separates the project from most other developments on Koh Samui that require you to purchase a specific furniture package in order for it to be rented out while you\u2019re away.\u00a0\n\n\n\u201cWe work with buyers to help them choose furniture that allows their villa to be rental ready. But they are not required to buy anything and have total flexibility in creating their space. We don\u2019t create any restraints,\u201d Jonathan says.\n\u00a0\n\n\nThe project has a management team handling check-in and check-out along with maintenance. This ensures villa owners can use their property for however long they wish and then take advantage of rental returns during the remainder of the year. That, along with many other factors, makes Emerald Bayview an attractive investment.\u00a0\n\n\n\u201cThe rental returns are good. But there is more to investment than that alone. Our villas start at a very low price point. We have our own construction team who controls every aspect of the cost involved which allows us to offer a higher quality at lower prices,\u201d Jonathan states. \u201cClients can make between 20 and 30 percent profit on capital appreciation alone from the time they purchase it to when construction is complete.\u201d\u00a0\n\n\nSpeaking of price, everything is included when you buy an Emerald Bayview villa, even legal fees. All you have to do is sign the documents and move into your new residence. It\u2019s an easy, hassle-free experience that is rare to find.\n\n\n\u201cSome developers don\u2019t like handling the legal side of the transactions, but we really value our clients. Our mission is to take care of them from A to Z. No matter what they need, we want to be there for them. The buying process can have a lot of uncertainty. We work with transparency so they will always know what is going on,\u201d Jonathan concludes.\n\n\nTo learn more about owning a high-end villa on Koh Samui, \nclick here\n. \nAdditional details on Emerald Bayview can be found here\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/hike-in-loan-applications", "title": "Hike in loan applications", "body": "\n\n\n\nThe rise in loan applications suggest that the market is taking a turn for the better.\u00a0\n\n\nThere are clear indicators that suggest that the property market in Malaysia is taking an upwards turn. The \nconstruction industry is growing.\n\u00a0It is forecast that the \nluxury market is set for a revival\n. Now those working in the industry are more positive than ever before for the future. This has been supplemented by recent news of a spike in loan applications.\n\n\nAccording to PPC International, a property consultant, there was a rise in the number of applications by 19 percent for the first quarter of 2017. Additionally according to Bank Negara, Malaysian\u2019s central bank, there has also been a three percent increase in loan approvals year-on-year.\n\n\nThese figures suggest that there is a renewed sense of consumer confidence in the market as demand increases. Developers have been adapting to market conditions and putting attractive packages on the table for investors. Enticing them in with marketing and finance draws such as smaller deposits and promotional gifts. Property purchasers are responding accordingly with the vast choices that are available to them. However this is only applies to new projects whilst the second hand market faces challenges related to financing.\n\n\nLike in any slowing market, there is a real need for property to retain its value. This is applicable across the board from residential, retail and commercial. Management needs to be of the highest level to retain tenants and to maintain its worth. This fact has been noted by experts but the expansion of the mass transit networks is expected to be a key factor in driving the market going forward. This is despite a weak ringgit and slump in oil prices.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDriven by supply and demand, it is anticipated that there will be less new projects launched this year. A result of developers taking a cautious approach due to a drop in demand in 2015. This should turn attention to the second hand market where transaction numbers could possibly rise. A sector that historically has been ignored in favour of the newer schemes made available.\n\n\n\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/hike-on-the-horizon", "title": "Hike on the horizon", "body": "\n\n\n\nAn impending increase for foreigners should spur a flurry of activity.\u00a0\n\n\nForeign investors snapping up properties anywhere in the world causes a stir. Cited as being the reason for rising values, many countries are putting obstacles in place to restrict their purchasing power. Malaysia is no different with investors \nsnapping up property in Penang\n\u00a0being a particularly hot topic.\n\n\nIt has been announced this week that the government are considering raising the minimum price set for international investors who purchase property in Malaysia. The depreciating ringgit is the catalyst for this according to a cabinet minister. Malaysian\u2019s weakening currency has enticed more overseas investors keen to profit from the strength of the their own tender.\n\n\nHousing minister, Noh Omar, has cause for concern that locals are getting pushed out of the market with the influx of foreign investors. By raising the bar, this will ensure that Malaysian\u2019s residents will not be competing against overseas purchasers.\n\n\nOver the last twenty years the Malaysian government have raised this minimum price on several occasions. However it is down to the individual 13 states to set the figure. Generally non-residents can purchase properties priced over MYR 1 million. As part of the initiative the government want to either increase the floor price to MYR 1 million or the alternative option is to introduce a minimum price in US dollars. This would apply to all overseas buyers.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWith an impending hike on the cards and low values that Malaysia is currently experiencing, more foreign investors are likely to buy property. Plus with a weakening ringgit there really is \nno better time\n than now to invest in property.\n\n\nHave a browse at Dot Property\u2019s full list of suitable properties to buy in Malaysia online \nhere.\n\n"} {"url": "https://www.dotproperty.com.my/blog/hilton-opens-largest-asia-pacific-hotel-singapore", "title": "Hilton opens its largest Asia Pacific hotel in Singapore", "body": "\n\nWith borders reopening and travel resuming across the region, those heading to Singapore will be able to enjoy an experience unlike any other. Hilton has opened its largest hotel in Asia Pacific with the debut of Hilton Singapore Orchard.\n\n\n\u201cToday we celebrate a key milestone with the opening of our largest hotel in Asia Pacific. Hilton Singapore Orchard is a fantastic showcase of our flagship brand and places us in a strong position to usher in a new era of travel,\u201d Hilton President Alan Watts explained. \u201cHilton Singapore Orchard will truly be top of mind for both leisure and business guests as it delivers exceptional experiences supported by Hilton\u2019s renowned hospitality.\u201d\n\n\nSituated along the always popular Orchard Road, the majestic Hilton Singapore Orchard has been carefully crafted to create a hospitality experience unmatched in the renowned shopping district. This was made possible through a vibrant blend of contemporary design, innovative dining experiences and extensive meeting spaces.\n\n\nRelated:\n \n5 things you don\u2019t know about Orchard Road\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe 1,080-room hotel features countless tributes to Singapore\u2019s colonial history and agricultural heritage. For example, botanical references can be found throughout the property\u2019s artwork and interiors. This has been paired with modern conveniences that make life easy for guests on the go.\n\n\n\u201cWith its strategic location, stylish design, diverse array of culinary concepts and bespoke events capabilities, Hilton Singapore Orchard will be a beacon for the brand. We look forward to delivering exceptional experiences complemented by Hilton\u2019s signature hospitality,\u201d Alexandra Jaritz, Hilton Senior Vice president, Brand Management, Asia Pacific.\n\n\nHilton Singapore Orchard was developed by OUE Limited, a leading real estate firm in the city state. It has several notable properties in its portfolio, including OUE Twin Peaks, Crowne Plaza Changi Airport and One Raffles Place, \nthe latter being one of Singapore\u2019s tallest buildings\n.\n\n\nThe opening of the new hotel coincides with loosening travel restrictions in Southeast Asia. \nSingapore has established Vaccinated Travel Lanes with 21 countries that permit quarantine-free visits\n while Thailand, the Philippines, Indonesia and Vietnam have various policies in place that allow for vaccinated persons to enter.\n\n\nRead More: \nFlight bookings pickup as borders reopen in Southeast Asia\n\n"} {"url": "https://www.dotproperty.com.my/blog/historic-day-country-garden-diamond-city", "title": "Historic day for Country Garden Diamond City", "body": "\n\n\n\nFive-star living has arrived in Malaysia. Country Garden Diamond City, a 258-acre project in Semenyih, held a handover ceremony for the bungalows and link house units at Plot A of the development. Residents checked out their completed homes and also partook in a lucky draw at the historic event.\n\n\nThe project is developed jointly by Chinese homebuilder Country Garden and Mayland Group. The event marked the first overseas handover for Country Garden, one of mainland\u2019s largest developers. The firm boasts a market capitalization of more than USD 8 billion and has over 200 townhouse projects worldwide.\n\n\nCountry Garden Diamond City has Spanish flair\n\n\nIn addition to featuring five-star living, Country Garden Diamond City features a unique Spanish design that has proven to be a hit with buyers. The spacious units feature Mediterranean architecture. There are three unique designs at Phase 1, all named after famous Spanish cities. Meanwhile, there are two unit types at Phase 2. Both styles are multi-storey link houses. At the event, the firm revealed the first phase is nearly sold out.\n\n\nThe project offers residents a world of comfort, convenience and tranquil living with numerous amenities including an infinity pool, private theatre, bowling alley, billiard room, spa, gymnasium and world-class tennis courts found at Country Garden Diamond City.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe handover ceremony was attended by Country Garden Diamond City\u2019s General Manager Cheng Meng, Joint Venture Managing Director Chai Keng Wai, and Marketing Manager Ye Lang Heng. Country Garden Diamond City\u2019s official mascot Nino D. and special guest, Wong Chui Ling were also on hand to lead the festivities. For more information on Country Garden Diamond City visit \nhttp://www.cgdiamondcity.com.my\n\n"} {"url": "https://www.dotproperty.com.my/blog/historic-dot-property-philippines-awards-2019-celebrates-countrys-best-developers-projects-agents", "title": "Historic Dot Property Philippines Awards 2019 celebrates country\u2019s best developers, projects and agents", "body": "\n\nThe third annual Dot Property Philippines Awards 2019 was the biggest, grandest and most exciting in the program\u2019s history with an exclusive presentation ceremony and the awarding of the very first People\u2019s Choice Award for \u201cProject of the Year\u201d among the highlights.\n\n\nThe Peninsula Manila welcomed real estate\u2019s best with more than 20 awards given out. SM Development Corporation was one of the evening\u2019s stars winning a total of three awards this year including Best Developer Philippines, the top honor at the Dot Property Philippines Awards 2019.\n\n\nAnticipation was greatest for the announcement of the very first People\u2019s Choice Award for \u201cProject of the Year\u201d with a total of 11 projects vying for to the opportunity to be named the best in the eyes of the public. Park Cascades from Alveo Land received the most votes and with the trophy for People\u2019s Choice Award for \u201cProject of the Year\u201d.\n\n\nThat was one of four awards Alveo Land took home. In the developer categories, the company was named Best Developer Metro Manila while Park Cascades won Best Mid-rise Development in addition to People\u2019s Choice Award for \u201cProject of the Year\u201d. Alveo Land was also presented with Best Office Development for Tryne Enterprise Plaza.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRobinsons Land Corporation took home two awards for their outstanding projects under the Robinsons Communities brand. This marks the second consecutive year Robinsons Communities was honored at the Dot Property Philippines Awards 2019.\n\n\nIt was also a great night for Cebu-based Grand Land who won a Dot Property Philippines Award for the third consecutive year. The firm was presented with Best Developer Cebu along with Best Investment Development for Amani Grand Citygate Davao.\n\n\nFull list of Dot Property Philippines Awards 2019 developer winners:\n\n\nMr. Jose Mari Banzon (center right) and Ms. Jan Catherine Sy (center left) accept the award for Best Developer Philippines at the Dot Property Philippines Awards 2019\n\n\nBest Developer Philippines \u2013 SM Development Corporation\n\n\nBest Developer Metro Manila \u2013 Alveo Land Corp.\n\n\nBest Developer South Luzon \u2013 SM Development Corporation\n\n\nBest Developer Davao \u2013 SM Development Corporation\n\n\nBest Developer Cebu \u2013 Grand Land Inc.\n\n\nThis year saw a number of leading developers across multiple sectors earn honours at the Dot Property Philippines Awards 2019. Filinvest and DATEM Homes were just a few of the developers who won for their projects.\n\n\nPeople\u2019s Choice Award for \u201cProject of the Year\u201d\n\n\nPark Cascades from Alveo Land\n\n\nFull list of Dot Property Philippines Awards 2019 project winners:\n\n\nPark Cascades from Alveo Land was presented with the first ever People\u2019s Choice Award for \u201cProject of the Year\u201d in addition to Best Mid-Rise Development\n\n\nBest Office Development \u2013 Tryne Enterprise Plaza by Alveo Land Corp.\n\n\nBest Mid-rise Development \u2013 Park Cascades by Alveo Land Corp.\n\n\nBest Mixed-Use Development \u2013 Activa by Filinvest Land Inc.\n\n\nBest Value for Money Development \u2013 SYNC by Robinsons Corporation\n\n\nBest High Rise Condominium \u2013 Cirrus by Robinsons Corporation\n\n\nBest Mid-Range Condominium \u2013 Horizons East Ortigas by DATEM Homes Inc\n\n\nBest Investment Development \u2013 Amani Grand Citygate Davao by Grand Land Inc.\n\n\nBest Condo Architectural Design \u2013 Urban Hive Palms by DATEM Homes Inc\n\n\nThe Box Brownie Special Recognition Award for Online Marketing was a special honour given out for the first time this year. Santos Knight Frank was the recipient of this special award. The Dot Property Philippines Awards 2019 also brought with it the awards for Philippines\u2019 Best Real Estate Agencies. A total of eight agencies were bestowed with this honour in 2019.\n\n\nBox Brownie Special Recognition Award for Online Marketing\n\n\nSantos Knight Frank\n\n\nFull list of Philippines\u2019 Best Real Estate Agencies 2019\n\n\nBoholana Realty Brokerage & Appraisal Co.\n\n\n27C Realty\n\n\nSantos Knight Frank\n\n\nHorizontal Vertical Properties Realty, Inc.\n\n\nPinnacle Real Estate Consulting Services, Inc.\n\n\nTop Realty Corporation\n\n\n\u201cWe are excited to be finally be hosting an event in the Philippines. The Dot Property Philippines Awards 2019 was an amazing night with the country\u2019s best in real estate joining us for a wonderful celebration. As the country\u2019s largest online marketplace, it was important for us to create a truly unforgettable ceremony,\u201dAdam Sutcliffe, Dot Property Director, Events and International Markets, says. \u201cWe would like to congratulate all of this year\u2019s winners for their hard work and commitment to excellence and we are already looking forward to next year.\u201d\n\n\nThe Dot Property Philippines Awards 2019 would like to thank Leading Real Estate Companies of the World\u00ae and BoxBrownie.com for their support of this year\u2019s event.\n\n\nNow in its third year, the Dot Property Philippines Awards celebrates the best in local real estate by honouring the country\u2019s best developers, projects and companies that contribute to the sector. It is part of the Dot Property Awards series that also includes events in Vietnam and Thailand.\n\n\nFor more information on the Dot Property Philippines Awards 2019, please visit www.dotproperty.com.ph\n\n"} {"url": "https://www.dotproperty.com.my/blog/hk-and-china-2016-forecast", "title": "HK and China: 2016 forecast", "body": "\n\n\n\nThe continuous supply of new homes and the potential United States interest rate hike are expected to slow residential price growth in Hong Kong during 2016, while the housing market in mainland China is expected to improve further under favourable government policies.\n\n\nAt a recent press conference in Hong Kong, real estate firm Knight Frank presented its forecasts for the important Asian property markets for 2016.\n\n\nIn mainland China, the residential market started to improve from the first quarter of 2015 following Government stimulus measures being introduced. During October 2015, 27 cities recorded month-on-month home price increases compared with zero just one year ago.\n\n\nHome prices in first-tier cities in particular recorded strong growth, with Shenzhen seeing the fastest year-on-year home price increase in October, followed by Shanghai, Beijing and Guangzhou.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDavid Ji, Director, Head of Research & Consultancy, Greater China at Knight Frank, is optimistic about the outlook for the Mainland Chinese property market as housing inventory lowers and completion levels stabilise.\n\n\nMeanwhile the best-performing cities are expected to be among the first-tier cities. Cities along the \u201cOne Belt One Road\u201d route, in particular, are also likely to see promising development benefitting from policy support. He said he expected mass residential prices in first-tier cities to increase by between 5 percent and 8 percent during 2016 due to solid demand, while mass residential prices in second-tier cities will increase by between 1 percent and 4 percent.\n\n\nIn Hong Kong, while Government\u2019s cooling measures are still in place a potential U.S. interest-rate hike and abundant housing supply in the pipeline have prompted potential buyers to adopt a wait-and-see approach. This has led to subdued property sales transaction in recent months. Knight Frank expects total home sales volume for 2015 to reach around 55,000, down 14 percent from 2014.\n\n\nOnly one major property market measure was introduced in 2015, namely the lowering of LTV ratio for self-use homes under HK$ 7 million in February. With a lifted down-payment ratio, even more homebuyers have shifted to the low-price segment of the market, below HK$ 10 million per unit, took up about 70percent of total sales. In terms of the size of transacted units, more than 70 percent of units sold in the past year were below 600 sq ft.\n\n\nA number of buyers have also shifted to the primary market, attracted by competitive prices and preferential packages offered by developers. Therefore, the proportion of primary deals reached 27 percent during the first nine months of 2015, compared with only 10 percent in 2010.\n\n\nThomas Lam, Senior Director, Head of Valuation & Consultancy, Knight Frank expects the trend to continue in 2016.\n\n\nWhile local buyers are moving to the low-price segment, mainland buyers, in contrast, shifted towards the super-luxury segment of the market despite the on-going Buyers Stamp Duty. During the first ten months of 2015, buyers of four out of the top 10 luxury deals were from mainland China.\n\n\nLooking ahead, Knight Frank said there will be around 110,000 new homes supplied from 2016 to 2020, representing about 22,000 units per year on average. The supply will focus on the New Territories, followed by Kowloon, while Hong Kong Island (about 10 percent) will see limited supply. In the New Territories, the main body of the supply will cluster in Yuen Long and Tseung Kwan O, while in Kowloon, the supply will concentrate in Kai Tak.\n\n"} {"url": "https://www.dotproperty.com.my/blog/hobart-most-affordable-in-oz", "title": "Hobart: Most affordable in Oz", "body": "\n\n\n\nThe Tasmanian city of Hobart has been highlighted as Australia\u2019s most affordable capital city according to data from CoreLogic RP Data.\n\n\nResearch analyst Cameron Kusher said: \u00a0\u201cWhen talking about affordable prices for capital city housing, Hobart is the location of choice and the city where property prices are much lower than in mainland capitals.\u201d\n\n\nTo highlight this Kusher\u2019s analysis looked at the selling prices for the bottom decile of homes over the three months to January 2016. A decile simply divides a group into ten equal parts.\u00a0 What this means is if there were 20 sales over the three months lined up with the sales up from lowest to highest, the second price is taken as a representation of the most affordable segment of the market.\n\n\nOver the three months to January 2016, the 10th percentile price of a house across the combined capital cities was AUD$ 315,000 and the 10th percentile unit price was AUD$ 255,000. Over the same period, the 10th percentile house price across the combined regional markets was AUD$ 175,000 compared to AUD$ 180,000 for units. This again highlights that housing tends to be much more affordable outside of the capital cities.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHobart has the lowest 10th percentile house and unit prices of all capital cities at AUD$ 205,000 and AUD$ 167,000 respectively.\n\n\nDarwin was the second most affordable for houses at AUD$ 229,000 while Adelaide is in second place for units with a price of AUD$ 222,000.\n\n\nKusher added: \u201cAt the other end of the spectrum, the 10th percentile house price is highest in Sydney and Darwin (both AUD$ 430,000) and the unit price is highest in Sydney at AUD$ 360,000.\n\n\n\u201cThe more affordable nature of Hobart housing is evident when you look at the most affordable lists for each city, particularly for houses.\n\n\n\u201cThe five most affordable suburbs for houses in Hobart are all more affordable than the most affordable suburbs in each other capital city. The data also highlights that housing costs in Sydney, Darwin and Canberra tend to be more expensive than the remaining capital cities.\n\n\nWhile this latest affordable housing data shows myriad options are available in most capital cities however, Kusher said these tend to be located on the outskirts of the capital cities.\n\n\n\u201cOf course Hobart, Adelaide and Brisbane tend to have much more affordable housing options relative to the other capital cities.\u00a0 Meanwhile, regional markets often offer up even more affordable housing alternatives,\u201d he said.\n\n"} {"url": "https://www.dotproperty.com.my/blog/holiday-energy-savings-tips-will-help-keep-electric-bill-low", "title": "Holiday energy savings tips that will help keep your electric bill low", "body": "\n\nSwitching to LED lights for the Christmas tree can lead to big savings on your next energy bill\n\n\nSometimes it\u2019s okay to be a Scrooge. And with the holiday season now upon us, being stingy on electricity can mean more money for gifts, food and other seasonal favourites. Keeping all of those lights, not the mention the usual appliances, running can add up between now and the new year.\n\n\nIn the holiday spirit, we\u2019ve come up with some holiday energy savings tips designed to help you cut costs on power. Doing even a few of these will ensure you don\u2019t receive a proverbial lump of coal when your electric bill comes.\n\n\n4 holiday energy savings tips\n\n\n1) Turn off the holiday lights when you leave\n\n\nIf no one is at home, there is no need to leave the tree lit up. Not only does it cost you money, but it can also be dangerous if the lights overheat or something malfunctions. The same idea applies when it is time to go to bed. Santa will still be able to find your home regardless of if your tree was lit in early December.\n\n\n2) Replace old lights with LED ones\n\n\nOf all the holiday energy savings tips, this one can provide the most savings. When you replace your old Christmas lights with LED ones, the savings add up fast. That\u2019s because LED holiday lights use 90 percent less electricity than incandescent lighting. Additionally, new lights can bring some extra flair to your home this holiday season.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n3) Unplug what you aren\u2019t using\u00a0\n\n\nChances are you have a phone charger at home that is likely plugged into the socket with nothing currently being charged. There are probably lots of other appliances and gadgets also plugged in that aren\u2019t being used. Even when these are not switched on, the vampire electronics can suck power and run up your energy bill.\n\n\nOf course, it\u2019s not practical to go around and unplug every single electronic device before leaving. That\u2019s why it is smart to use power strips. The handy tool makes it easy to unplug multiple appliances at once. And be sure to unplug all chargers if you aren\u2019t using them.\n\n\n4) Cut down on the AC\n\n\nIt may not be a white Christmas with snow, but the temperature does drop in November and December. This is an opportunity to use the air conditioner less and instead rely on fans or open windows. Be sure the check the weather outside during the evenings and nights to see if you really need to use the AC.\n\n"} {"url": "https://www.dotproperty.com.my/blog/home-buying-trends-for-now", "title": "Home-buying trends for now", "body": "\n\n\n\nIf you\u2019re in the market for a new house this year, now can be considered in many Asian markets as the perfect time to start your planning. Space requirements such as bedrooms, bathrooms and square footage are essential, but a house is more than just shelter, it\u2019s your home, and the great ones not only have everything you need, but everything you want.\n\n\n\u201cEach family lives in their home differently,\u201d says Beazer Homes Senior Creative Manager Michael Phillips.\n\n\n\u201cSome buyers prefer a private dining room, while others want an open-concept kitchen with a more casual eating area. Where one buyer might prefer an owner\u2019s suite on the main level, others may want all their bedrooms on the upper level.\u201d\n\n\nAlthough every home buyer\u2019s needs are unique, the market is often dictated by common trends. To better understand your own buying preferences and to see if you\u2019re aligned with others in the real estate marketplace, take a look at these five home-buying trends.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFunction over aesthetics.\n\n\nWhen you think kitchen trends, you probably think of design features like granite countertops and stainless steel appliances. While both these options remain popular and are common in new construction, surveys by the National Association of Realtors and the National Association of Home Builders (NAHB) in the United States found that buyers were extremely interested in functional attributes like new appliances, eat-in layouts, walk-in pantries and double sinks.\n\n\nLiving rooms are no longer a must.\n\n\nGiven today\u2019s diverse home-buying population, the formal living room is becoming less prevalent. \u201cMany buyers would rather use traditional living room square footage in a new way,\u201d said Phillips. \u201cWe\u2019re seeing families using the living room as a home office or choosing to forgo the space altogether in exchange for extra square footage in other areas of the home.\u201d\n\n\nNew is number one.\n\n\nAccording to the NAHB, more than half of surveyed buyers want to purchase a new home. It can be a challenge for buyers to find everything they desire in a resale home, and because renovations are often costly and time consuming, it\u2019s hard to deny the appeal of purchasing a brand-new home that is move-in ready.\n\n\nLet there be (energy-efficient) light.\n\n\nHome buyers have coveted homes that make good use of natural light for years and that trend is continuing during 2016. In addition to large windows, the NAHB research shows homeowners are putting an increased emphasis on the energy savings that accompany the installation of high-performance windows.\n\n\nMake it your own.\n\n\nPersonalising a new home is easier and more affordable than ever before, Whether you want a kitchen for entertaining or a breakfast nook for family dining, an office space instead of an extra bedroom, you choose \u2026 and many buildings won\u2019t charge you for selecting the best layout for your lifestyle.\n\n\nStart your preparation today, it is never too early to start preparing for shopping for a new home. The more work you do ahead of time, the more time you can spend exploring the market. So start your research now and you\u2019ll be moved into the home of your dreams before you know it.\n\n\nImage: Beazer Homes\u2019 Choice Plans programme allows home buyers to personalise the most frequently used living spaces in their home according to their needs.\n\n"} {"url": "https://www.dotproperty.com.my/blog/home-is-for-your-pets-too", "title": "Home is for your pets too", "body": "\n\n\n\nMoving into a new home is exciting \u2013 for the humans in the family. It can be less comfortable for pets who need time to adjust to a new environment, learn their way around and discover the best nap spots in their new home.\n\n\nAs a loving pet parent, you want every member of your family to be as happy and comfortable as possible. Here are some tips to make your home more welcoming to your four-legged family members:\n\n\nConvenient dining\n\n\nYour furry friend will need his own space for meals \u2013 unless you don\u2019t mind him begging at the table when you eat. Make sure he has a bowl that is appropriate for his size and always clean it between meals. Vets recommend feeding pets only once or twice a day, so you\u2019ll want to stow away bowls when they\u2019re not in use. Many homes can be customised with a pet friendly feature \u2013 pet dish drawers that allow you to conceal feeding dishes when they\u2019re not needed, and slide the drawer open when it\u2019s meal time. It\u2019s a great way to keep your pet\u2019s dining area near yours but also out of the way.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHang-out space\n\n\nDogs and cats spend a lot of their day napping and relaxing, so be sure to provide a variety of spaces for your pet to just hang out \u2013 with you or on his own. \nClayton Homes\n is one example of a company that builds pet-friendly spots into many of their home models, including window seats and hideaway cubbies where pets can nap in peace. Sunrooms are also great for both pets and their humans to enjoy the feeling of al-fresco dining while remaining securely inside. Sun worshipping pets can also catch some rays while hanging out.\n\n\nHelpful grooming stations\n\n\nWhile many dogs enjoy a bath now and then, the process can be messy at home. Including a pet wash station with a hand-held hose in the mudroom ensures you\u2019ll be able to clean up your dirty pup before he drags dirt through the house. Make sure you outfit your wash station with an ample supply of soft, absorbent towels, dog shampoo and all the grooming tools you\u2019ll need to keep your pup looking great.\n\n\nSafe and happy outdoors\n\n\nMany pets enjoy a good romp outdoors and you want your companion to be able to safely play in his outdoor environment. Start by adding a fence if you don\u2019t already have one. Choose one with vertical slats or rails close enough together that a pet can\u2019t slip through, and high enough that he or she can\u2019t jump over it. Next, be sure your pet has plenty of shady spots where he can hide, nap or just chill. Consider adding an outdoor pet fountain so pets always have access to fresh water, and a pet door to allow your dog or cat to easily come and go from your backyard.\n\n\nCosmetic concerns\n\n\nUnless you have a rare hairless breed you probably deal with pet hair daily. As you\u2019re decorating your new home, remember choosing carpeting close in colour to your pet\u2019s coat will make shed hair less visible. You should also keep in mind the size of your dog as you\u2019re choosing hard flooring. Sturdy laminates will hold up better if you have large dogs in the house, while smaller dogs and cats may have trouble getting traction on vinyl or hardwood floors.\n\n\n\u201cWhen you\u2019re buying a home, it\u2019s important that you consider every member of the family, and pets are a huge part of our families,\u201d says Clayton\u2019s Chief Executive Officer Kevin Clayton.\n\n\n\u201cChoosing to include pet-friendly features enhances not only a pet\u2019s home life, but creates a better functioning environment for the homeowners too.\u201d\n\n\nwww.claytonhomes.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/hong-kong-bounces-back", "title": "Hong Kong bounces back", "body": "\n\n\n\nReal estate firm Knight Frank noted improved activity in all sectors of the Hong Kong property market during March in its latest Hong Kong Monthly research report.\n\n\nThe Grade \u2018A\u2019 office leasing market witnessed robust relocation activities, while residential sales in rebounded, with more units launched in the primary market and more deals closed in the secondary market. Prices, however, continued to fall. Meanwhile the drop in retail sales and visitor arrivals continued to put pressure on retail property rents.\n\n\nOffice\n\n\nThe lack of available space continued to limit Grade \u2018A\u2019 office leasing activities in core business areas last month. To avoid the high office rents in Central, some firms with a long presence in the area relocated to non-core areas.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe Kowloon Grade \u2018A \u2018office leasing market saw a number of relocation deals involving insurance and sourcing companies. Office rents in Kowloon East, however, have been under pressure from the increasing supply coming on line.\n\n\nDespite the economic uncertainties in Hong Kong and the Mainland, David Ji, Director, Head of Research and Consultancy, Greater China, expected office rents on Hong Kong Island to increase by 5 percet this year given extremely low vacancy rates. Office rents in decentralised areas, however, could drop by 5percent in 2016 given abundant supply in the pipeline.\n\n\nResidential\n\n\nAccording to the Land Registry in March, residential sales volume rebounded 45 percent month-on-month from the lowest level in 25 years, reaching 17,106 sales.\n\n\nWith potential buyers expecting increasing supply and a further drop in home prices, residential sales are expected to fall to around 50,000 units this year. Although luxury home prices overall are expected to drop 5 percent this year, prices of super-luxury houses and apartments should remain firm. Mass-market prices could drop by up to 10 percent during 2016, the real estate firm predicted.\n\n\nRetail\n\n\nAmid deteriorating visitor number and retail sales, Hong Kong\u2019s retail industry is seeking new elements and new angles to rebalance business.\n\n\nThe art atmosphere has been well-cultivated in the city, particularly in the SoHo and NoHo neighbourhoods, meanwhile landlords are also bringing elements of art into their malls.\n\n\nOne successful example is K11 Hong Kong. Another is H Queen\u2019s, a gallery-featured commercial building at 80 Queen\u2019s Road Central which is scheduled to open mid-2017, providing an interesting alternative to the city\u2019s shopping scene.\n\n\nLooking ahead the retail market is likely to continue going through a period of readjustment to reduce its dependency on Mainland visitors spending. As rents drop, it is becoming more affordable for lifestyle brands to take up space in core shopping areas.\n\n"} {"url": "https://www.dotproperty.com.my/blog/hong-kong-real-estate-investors-keen-se-asia", "title": "MM2H attracts Hong Kong buyers looking for affordable property", "body": "\n\nWith home prices in HK unaffordable, many investors are eyeing property in Southeast Asia\n\n\nHong Kong real estate investors continue to be active globally, acquiring properties everywhere from London to Sydney. In fact, the only place they aren\u2019t buying real estate is at home where prices are the most expensive in the world and predicted to climb even higher in 2018, \naccording to Cushman & Wakefield\n.\n\n\n\u201cHomes in Hong Kong are too expensive to afford, so people are looking overseas for alternative investments,\u201d \nNeo Cheung Wing-tat, CEO of Convoy International Property Consulting, told the Nikkei Asian Review\n. \u201cThe ease of finding information online, an increase in banks offering loans for rental or investment properties and measures to curb speculative investment in Hong Kong housing are all contributing to the trend.\u201d\n\n\nThe housing markets in UK, Australia, Japan and Canada have primarily benefited from the soaring domestic prices, but a few developers from Southeast Asia are now capitalising on the demand from Hong Kong buyers for overseas real estate. Some Hong Kongers considering a property purchase in Southeast Asia use it as a second home or retirement property that can be let out when not in use while others purchase units strictly for investment purposes.\n\n\nHaving spent a total of USD 6.6 billion on overseas property during the first half of 2017 alone, Hong Kong real estate investors\u00a0are a group developers will continue to target. Here are key areas in Southeast Asia that Hong Kong real estate investors are targeting.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMalaysia\n\n\nMalaysia has become an attractive place among retirees from Hong Kong because of the \nMalaysia My Second Home (MM2H) programme\n. Those who purchase a property and can support themselves without seeking employment are able to obtain a 10-year, multiple-entry visa. Family members are also eligible for the visa which has made MM2H desirable for those in Hong Kong wanting a hassle-free retirement haven.\n\n\n \nThailand\n\n\nPlaces like Phuket have been popular with Hong Kong holiday home seekers for decades. However, \na growing number of investors are now investigating opportunities in Bangkok.\n Research from CBRE showed that 85 projects by 35 developers from Thailand were marketed to Hong Kong buyers last year with even more expected in 2018. As long as the price remains competitive, Hong Kong investors prefer property in the THB 3 million (USD 95,300) to THB 10 million range (USD 318,00), demand will be strong.\n\n\n\n\nVietnam\n\n\nSolely focusing on the investment benefits, \nHong Kong buyers became the top buyers of Ho Chi Minh City property in 2017\n. With both strong demand and rising home prices, Vietnam could continue to see an influx of investment from Hong Kong buyers as rules regarding foreign ownership of property in the country become clearer.\n\n\nSingapore\n\n\nCould Hong Kong buyers flock to Singapore? Given their preference for political stability and risk aversion, it\u2019s possible Singaporean real estate could be in demand. Home prices continue to recover and the Bank of Singapore (BoS) is already \npredicting foreign demand for Singapore residential property market to return in 2018\n.\n\n\nAccording to BOS head of strategy Eli Lee, even with a 15 percent stamp duty for foreign buyers still in effect, the Singaporean market may represent value when compared to other markets popular with Hong Kong property investors such as Canada and Australia. Both countries experienced rapid home price growth in the past few years and may be set for a slide similar to what took place in Singapore.\n\n"} {"url": "https://www.dotproperty.com.my/blog/hong-kong-severely-unaffordable", "title": "Hong Kong \u2018severely unaffordable\u2019", "body": "\n\n\n\nHong Kong\u2019s residential property market has been ranked as the world\u2019s least affordable in an annual survey.\n\n\nThe Median Multiple of 19.0 was the highest recorded (least affordable) in the 12 years of the \nDemographia International Housing Affordability Survey\n.\n\n\nThe survey rates middle-income housing affordability using the \u201cMedian Multiple.\u201d The Median Multiple is widely used for evaluating urban markets, and has been recommended by the World Bank and the United Nations, and is used by the Joint Center for Housing Studies, Harvard University.\n\n\nThe Median Multiple and other similar price-to-income multiples (housing affordability multiples) are used to compare housing affordability between markets by the Organisation for Economic Cooperation and Development, the International Monetary Fund, \nThe Economist\n and other organisations.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMore elaborate indicators, which mix housing affordability and mortgage affordability can mask the structural elements of house pricing are often not well understood outside the financial sector. Moreover, they provide only a \u201csnapshot,\u201d because interest rates can vary over the term of a mortgage; however the price paid for the house does not. If house prices double or triple relative to incomes, as has occurred in many severely unaffordable markets, mortgage payments become much higher.\n\n\nHistorically, the Median Multiple has been remarkably similar in Australia, Canada, Ireland, New Zealand, the United Kingdom and the United States, with median house prices from 2.0 to 3.0 times median household incomes. However, in recent decades, house prices have been decoupled from this relationship in a number of markets, such as Vancouver, Sydney, San Francisco, London, Auckland and others.\n\n\nSydney was named as the second least affordable major market, with a Median Multiple of 12.2. Sydney\u2019s increase of 2.4 points from its 9.8 Median Multiple in 2014 is the largest year-to-year deterioration ever indicated in the 12 years of the survey.\n\n\nVancouver was the third least affordable major market with a Median Multiple of 10.8. Auckland,\u00a0Melbourne and San Jose all had Median Multiples of 9.7, and they were followed by San Francisco at 9.4, and London (Greater London Authority), at 8.5.\u00a0Two other markets had Median Multiples of 8.0 or above, including San Diego and Los Angeles, both at 8.1.\n\n\nThe Demographia list of the least affordable metropolitan areas is largely echoed by UBS, the international financial services company headquartered in Switzerland.\n\n\nThe five metropolitan areas ranked as most vulnerable to risk from a real estate bubble in the \nUBS Global Real Estate Bubble Index\n are each among the eight least unaffordable markets in the Demographia survey (London, Hong Kong, Sydney, Vancouver and San Francisco).\n\n\nOverall, among the 367 markets, there were 89 affordable markets, 75 in the United States, nine in Canada, three in Ireland and two in Australia. There were 112 moderately unaffordable markets, 90 in the United States, 14 in Canada, four in Australia, two in the United Kingdom and one each in Japan and Ireland. There were 74 seriously unaffordable markets and 92 severely unaffordable markets.\n\n\nAustralia had 33 severely unaffordable markets, followed by the United States with 29 and the United Kingdom with 17. New Zealand and Canada each had six severely unaffordable markets, while China\u2019s one market (Hong Kong) was also severely unaffordable.\n\n\nhttp://www.demographia.com/dhi.pdf\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/hongkong-land-continues-focus-jv-projects-southeast-asia", "title": "Hongkong Land continues to focus on JV projects in Southeast Asia", "body": "\n\nMandani Bay in Cebu is part of a joint venture project between Hongkong Land and Taft Properties\n\n\nHongkong Land has been one of the most active overseas developers in Southeast Asia in recent years. Its Singapore subsidiary, MCL Land, is a well-known residential developer in the city state. However, most of the firm\u2019s efforts have involved joint venture projects with local homebuilders.\n\n\nFor example, the firm has partnered with Robinsons Land Corporation and Ayala Land in Metro Manila while it is working with Taft Properties in Cebu. Meanwhile, the homebuilder has linked up with several Thailand-based developers for various condominium and housing projects in Bangkok.\n\n\nOne of Hongkong Land\u2019s first forays into the Thai capital was The ESSE Sukhumvit 36 which was a joint venture with Singha Estate. That development was completed in December 2020.\n\n\nIt is also teaming up with Noble Development on The Embassy at Wireless, a superluxury condominium in the city center. Looking beyond condos, Hongkong Land and \nProperty Perfect\n are set to launch a pair of housing projects in Bangkok next year.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nLooking at Hongkong Land in the Philippines\n\n\nHongkong Land\u2019s most high-profile development in the Philippines is The Velaris Residences, a joint venture project with Robinsons Land Corporation that launched in 2020. The luxury condominium features stunning designs with innovative smarthome technology to create one of the best living experiences in the Philippines.\n\n\n\u201cThe Philippine property market is one of the most exciting markets in Asia, and we are delighted to be part of it and to bring the innovations and design excellence that Hongkong Land is known for. Through our partnership with Robinsons Land Corporation, we have no doubt that we can duplicate our global successes in the Philippines through The Velaris Residences,\u201d\u00a0\nHongkong Land Chief Executive, Robert Wong, told the Manila Bulletin\n.\n\n\nRelated:\n \nRobinsons Land teams up with Hongkong Land for new luxury project\n\n\nHongkong Land has also partnered with Taft Properties on a 20-hectare, mixed-use waterfront development in the Cebu region. Other projects include Roxas Triangle Towers which is a joint venture with Ayala Land.\n\n"} {"url": "https://www.dotproperty.com.my/blog/hongkong-land-optimistic-philippine-property-market-outlook", "title": "Hongkong Land optimistic about Philippine property market outlook", "body": "\n\nMandani Bay in Cebu is part of a joint venture project between Hongkong Land and Taft Properties\n\n\nHongkong Land has been very active across Southeast Asia with the Philippines being one of the homebuilder\u2019s key markets. Work continues on several joint venture development in Metro Manila and Cebu. And despite the economic impact of the COVID-19 pandemic, the developer is optimistic regarding the Philippine property market outlook.\n\n\n\u201cWith the Philippines being one of the fastest growing economies in Southeast Asia prior to the pandemic, Hongkong Land remains confident in the real estate market of the country amid the challenges posed by the COVID-19 pandemic,\u201d \nDirector and Head of Development Property of Hongkong Land, South Asia, Tan Wee Hsien, told the Cebu Daily News\n.\n\n\nAmong the firm\u2019s most notable developments is The Velaris Residences, a joint venture project with Robinsons Land Corporation. \nThe 45-storey residential tower began pre-selling earlier in 2020 with buyers attracted to the unique living experience the project offers\n.\n\n\nMeanwhile, work is nearly finished on The Two Roxas Triangle, a luxury residential project in Makati. The condominium is being developed jointly with Ayala Land Premier and units are already being turned over to residents.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIn Cebu, Hongkong Land has partnered with Taft Properties on a 20-hectare, mixed-use waterfront development in Mandaue City. The second phase of the project, Mandani Bay, is under construction with three residential towers and one office tower expected to be completed in the first quarter of 2021.\n\n\nThe developer has reported a strong market response and take up at Mandani Bay with plans already underway to launch the third phase next year.\n\n\nFor Hongkong Land, the Philippine property market outlook is positive with things expected to remain steady before bouncing back bigger and stronger once the economy recovers. The developer also revealed that it is actively looking for investment opportunities in the Philippines.\n\n\nIn addition to its joint venture developments in the Philippines, Hongkong Land also has similar projects in Bangkok, Jakarta and Singapore.\n\n"} {"url": "https://www.dotproperty.com.my/blog/hotel-sector-to-draw-us8-5-bn", "title": "Hotel sector to draw US$8.5 bn", "body": "\n\n\n\nA report by JLL Hotels & Hospitality Group has revealed that the Asia-Pacific region is expected to be home to a significant US$ 8.5 billion in hotel investment during 2016.\n\n\nScott Hetherington, Chief Executive Officer of JLL Hotels & Hospitality, Asia, said: \u201cIn 2015, the headlines featured blockbuster acquisitions of high-profile, gateway market hotels by investors from mainland China, Hong Kong and the Middle East.\n\n\n\u201cWe also saw a high volume of hotel deals in Japan, with increasing interest from foreign investors. This year we expect transaction activity across the region will slow somewhat, with a likely to shift to secondary markets in Southeast Asia and the Indian Ocean.\u201d\n\n\nDuring 2015 more than 33,000 hotel rooms changed hands in Asia-Pacific, according to the real estate firm. Leading the pack in terms of investment activity was Japan, followed by Australia and Hong Kong.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe blockbuster transactions that characterised as the year included the sale of the InterContinental Hong Kong (pictured) for US$ 938 million and the Westin Sydney for AUD 445 million, as well as an increasing weight of money coming from investment and private equity funds.\n\n\nCross border investment accounted for half of all capital flows in the region on deals above US$5 million, with Chinese investors increasing their stakes in Australia and Japan.\n\n\nLooking ahead, JLL\u2019s Hotel Investment Outlook report identifies seven trends to look out for in Asia-Pacific during 2016:\n\n\nContinued consolidation among hotel brands\n\n\nLast year saw Marriott purchase Starwood and Accor acquire the Fairmont hotels group. Both these deals will impact the operating landscape in Asia-Pacific and globally, with more consolidation expected in the coming year.\n\n\nMark Wynne Smith, Global CEO for JLL\u2019s Hotels & Hospitality Group, said: \u201cPublic markets are rewarding growth, creating a strong case for hotel brand consolidation. Hotel brands are on a never-ending quest to bolster their pipeline and with the natural attrition in properties and limits to new supply growth, the surest way is often by acquiring operators with strategic management or franchise contracts.\u201d\n\n\nSpotlight on Japan\n\n\nJapan saw the highest deal volumes in the region during 2015, a trend that is expected to continue in 2016. This will comprise a substantial number of domestic REITs in addition to interest from U.S. Private Equity funds and Southeast Asian families. There is likely to be increased demand from Chinese investors looking to purchase hotels in second tier Japanese markets through 2016.\n\n\nInvestment into Chinese hotels\n\n\nMainland China has started to see circa. US$ 1 billion in hotel trades annually, and this level is expected to continue, if not increase, during 2016. While Chinese investors acquiring hotels continue to make headlines, quality assets listed within the Mainland are sure to attract interest.\n\n\nAustralia will remain competitive\n\n\nCraig Collins, CEO, JLL Hotels & Hospitality, Australasia, noted: \u201c2015 saw further growth in offshore interest in Australian hotel assets and we expect this to continue during 2016. Following several trophy asset transactions occurring in the past two years, interest remains strong for prime offerings across Australia\u2019s core markets.\n\n\n\u201cWith a widely expected scarcity of available stock moving forward, competition will be incredibly strong during 2016 for opportunities to enter the coveted Sydney and Melbourne markets in particular.\u201d\n\n\nHong Kong and Singapore will be less active than 2015\n\n\nInvestors will continue to look at these established financial centres. However, lack of available assets in Hong Kong \u2013 which saw its highest number of transactions ever in 2015 \u2013 will make it competitive. Similarly the tightly-held hotel stock in Singapore will mean any opportunities will be highly sought-after.\n\n\nIncreasing interest in secondary markets\n\n\nThere will be pockets of liquidity across Southeast Asia and the Indian Ocean with interesting investment opportunities coming up in markets such as Thailand, the Maldives and Mauritius.\n\n\nREITs will be on the rise\n\n\nIn Asia there remains the opportunity for the formation of more hotel real estate investment trusts (REITs) if tax structures change to offer similar benefits to those seen in the U.S.\n\n"} {"url": "https://www.dotproperty.com.my/blog/hotspot-status-for-vietnam", "title": "Hotspot status for Vietnam", "body": "\n\n\n\nVietnam has been identified as one of the next potential real estate hotspots by real estate firm Savills in its latest \nAround the World in Dollars and Cents\n research report, published this week.\n\n\nThe report explores what and where the future playgrounds might be for a wide variety of investors.\n\n\nOver the next five years Savills said the world is likely to see further recovery in markets that were hit by the economic downturn. Stable prices but lower transactional activity seem to be on the cards for core prime cities that have been fully invested in recent years. Meanwhile, small cities that are succeeding in the tech economy, as well as those where strong economic growth is expected nationally or locally, are likely to see increased transaction levels.\n\n\nAny anti-foreign investor regulation and legislation will reduce cross-border activity, the firm noted, as will high levels of corruption and lack of transparency in some places.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nGeopolitical factors will also dampen appetite in certain regions.\n\n\nFocusing on Vietnam, Savills noted the property industry enjoyed a good 2015. Following on from the Government\u2019s monetary policy of 2013-2014, Vietnam\u2019s macroeconomic conditions are now the best they\u2019ve been for some time.\n\n\nAlmost all asset classes have rebounded, most notably the residential sector. Legal reforms, meanwhile, continue to transform industry practices.\n\n\nVietnam performs counter-cyclically to the region, and in 2015 it outperformed its regional peers. This trend is set to continue during 2016, it said, although some headwinds persist.\n\n\nVALUE-ADD TIP \u2013 VIETNAM LANDED RESIDENTIAL DEVELOPMENT \u2013 LONG-TERM CAPITAL GROWTH\n\n\nRapid urbanisation, a fall in household occupancy and a young population will continue to underwrite residential property demand in Vietnam through 2016 and beyond, Savills reported. In the short term, economic fluctuations represent the main risk, but the growing middle-class demand for new homes will be a long-term phenomenon, as long as the economy continues to perform.\n\n\nAmended housing laws now allow for foreign investment in this sector.\n\n\nThe landed residential markets in Ho Chi Minh City and Hanoi enjoyed strong supply and good absorption in 2015. Products are now diversified and oriented towards consumers, with developers vying for market share and producing villas and townhouses with \u2018cradle-to-grave\u2019 facilities, including healthcare and tertiary services for the aged. This asset class also benefits greatly from improvements in infrastructure and new links, drawing the \u2018mortgage belt\u2019 closer to the city.\n\n\nOPPORTUNISTIC TIP \u2013 VIETNAMESE RESORTS \u2013 LONG-TERM TOTAL RETURNS\n\n\nMore than half of the world\u2019s tourists come from China and Russia, and Vietnam\u2019s long coastline and good weather are in close proximity to both countries.\n\n\nHospitality development throughout the country kicked off with fervour in 2015 and will deliver world-class product, supported by great coastal locations. Improving economic conditions have led to a rise in the fortunes of Vietnam\u2019s property industry, with urbanisation, tourism and retail development leading the way\n\n\nMore than two-thirds of the country\u2019s tourists are domestic Vietnamese travellers. The second generation of hospitality development will leverage initial success by developing second homes and resort accommodation.\n\n\nThroughout 2016 there will be a range of coastal homes available all over Vietnam from affordable levels to global prestige quality.\n\n\nCORE-PLUS TIP \u2013 VIETNAM RETAIL \u2013 LONG-TERM TOTAL RETURNS\n\n\nRetail development has been feverish as foreign and local developers compete in this rapidly changing environment. Year-on-year growth in retail sales stood at 9.1 percent in September 2015, one of the highest rates globally. Little wonder that there has been so much M&A activity in retail.\n\n\nAlongside the strong Vietnamese retailers, many foreign developers are now rolling out their formats. In 2016 there will be more contemporary space added, with new retail formats to be tested such as the Takashimaya/Saigon Centre in Ho Chi Minh City.\n\n"} {"url": "https://www.dotproperty.com.my/blog/hotspots-how-to-avoid-them", "title": "Hotspots: How to avoid them", "body": "\n\n\n\nIt\u2019s fair to say that if you hear any area will be the next property hotspot then, as a property investor, you\u2019re already too late to cash in.\n\n\nIn this article we will focus on what factors identify an existing popular hotspot \u2013 wherever you happen to be in the world \u2013 and why you may want to look elsewhere for your next property purchase or investment.\n\n\nThe first thing you should do is get to know your intended area. Visit it many times and at various times of the day and week. Go at night to assess the levels of noise and go during rush hour to test commute times. Those are factors that can lead to a successful and quick sale.\n\n\nWhen a new development opens judge how many people are visiting. Are people queuing prior to the opening? Is there some form of ballot for potential buyers? If the answer to these questions is \u2018yes\u2019 then this could suggest the location is already hot, and that as an investor you stand the chance of being burned.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTalk to as many agents as you can, and get as much information and intelligence as you can about how quickly properties are being transacted. If property is changing hands quickly, or is selling above initial asking prices, this could be an indication of a hot location \u2013 and one that is potentially overpriced.\n\n\nAnother sign of a developing hotspot is the physical number of new developments. You can judge this simply be looking at the skyline, and looking at the amount of construction going on. Once a market starts its move towards becoming hot, developers move in. When you see large levels of property development, especially without a clear reason such as new infrastructure projects, this should act as an alarm bell.\n\n\nA substantial amount of new development in a small area has the potential to lead to oversupply, and then subsequent reductions in property prices. This effect could be limited to just a very small location or a much wider district.\n\n\nAlthough Thailand isn\u2019t the most transparent real estate market in the world, you can also gauge levels of new development by monitoring property news and developer websites. Most markets have buying and selling cycles \u2013 similar in shape to a roller coaster \u2013 and a professional real estate agent will be able to tell you where your chosen city or location is in relation to its position on the roller coaster. Some cities even have separate cycles in different locations \u2013 so if your number one location is at its peak try looking for one at the bottom of the cycle and with potential to grow.\n\n\nEvery investor should know that making an emotional decision could be costly. Do your due diligence and gather as much information as possible before you sign the sales agreement.\n\n\nThe secret, if there is just one, is that as a property investor you should only be looking at the black and white of the figures and not the colour of the bathroom suite in your chosen property.\n\n"} {"url": "https://www.dotproperty.com.my/blog/houze-group-utilizes-proptech-fintech-mobile-commerce-build-vietnams-first-digital-ecosystem-for-real-estate", "title": "Houze Group utilizes proptech, fintech and mobile commerce to build Vietnam\u2019s first digital ecosystem for real estate", "body": "\n\nHouse Group was Vietnam\u2019s first digital ecosystem for real estate\n\n\nThis article on how Houze Group built Vietnam\u2019s first digital ecosystem for real estate\u00a0appears in the newest issue of Dot Property Magazine. \nClick here to download your FREE copy today\n!\n\n\nMost startups focus on a single niche where they are filling a gap in the market or disrupting an existing process. This can be successful but limiting, especially in a complex industry like real estate. Houze Group opted for a more holistic approach. It found there was a need to build and link the outstanding and differentiated value chains that make up Vietnam\u2019s property market.\n\n\nInstead of siloing solutions, Houze Group searched for a more innovative solution. The startup would place them all under one proverbial roof. The end result was Vietnam\u2019s first digital ecosystem for real estate.\n\n\n\u201cThe goal of Houze is to create a linked service chain on a common platform, to help customers have an integrated experience instead of multiple experiences. We provide a single choice in the real estate-financial service value chain,\u201d Pham Lam Founder, Chairman and CEO of Houze Group, reports. \u201cHouze connects the synergy from the ecosystem to millions of customers across six areas with technology service solutions from three distinct fields. This allows us to create a prosperous community within the real estate sector.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIn order to create a robust digital ecosystem for real estate, Houze Group utilized proptech, fintech and mobile commerce. The trio of technology solutions allows for a comprehensive digital transformation of the real estate market which can stimulate growth and make it more accessible.\n\n\n\u201cThe Houze ecosystem was born with a great vision. We understood that the real estate industry in Vietnam would benefit from digital transformation. It would make things easier, faster and ultimately better for everyone,\u201d Lam explains. \u201cHowever, creating and operating an organization that brings together talented people in many fields is not easy, but was necessary for the Houze Ecosystem to develop in accordance with our goals and aspirations.\u201d\n\n\nOne challenge Houze Group needed to overcome was the fact no company had successfully developed an ecosystem model to fully serve the entire real estate community. According to Lam, most people want fast, simple and effective experiences which hadn\u2019t been made available to real estate industry.\n\n\n\u201cPeople do not like having to install too many applications on their phones. They also don\u2019t want to deal with cumbersome and inconvenient methods. Unfortunately, this tends to happen because the technology and real estate sectors are segmented,\u201d Lam notes. \u201cThere are many companies specializing in real estate that lack sustainable technology solutions. There are also companies with high technology capabilities but who do not understand the real estate market deeply enough.\u201d\n\n\nHe continues, \u201cThe end result means there are many applications for the real estate sector, but they are developed separately, sporadically and only focus on a single purpose. It ends up being the opposite of what most people want in today\u2019s day and age.\u201d\n\n\nMore from Vietnam:\n\u00a0\nAfter overcoming COVID-19, tourism-focused real estate in Vietnam set for bigger and better things\n\n\nBecoming the leading digital ecosystem for real estate\n\n\nPham Lam Founder, Chairman and CEO of Houze Group\n\n\nIn order to accomplish its goals, Houze Group researched and developed multi-service technology solutions that would allow customers to enjoy integrated experiences through a single application. The decision to be a pioneer and forge a new path is always risky, especially when no one in the Vietnam real estate sector had ever tried something so ambitious.\n\n\n\u201cPioneering is often accompanied by risk, and the difficulty is higher because no one has ever done it. But for me, that is part of the fun. It requires great courage from myself and our team,\u201d Lam states. \u201cThe key to overcoming those difficulties is the attitude. You have to be ready to commit, ready to change and ready to adapt when the market shifts while always focusing on the goal and constantly creating.\u201d\n\n\nUnderstanding the real estate market is constantly changing and by quickly adapting to this shifts, Houze Group built a digital ecosystem that was not only the first but remains the best. It has become the hub where the spokes of the property industry come together.\n\n\nFor example, Houze Building has streamlined and digitized building management and operation processes. Residents can easily make requests and receive status updates. On the flip side, building managers are able to operate more efficiently while better serving clients.\n\n\nHouze Pay is another part of the digital ecosystem. This feature allows people to make online payments through Momo, Payoo, Zalo Pay, Grab Moca and e-banking for electricity and other services.\n\n\nMeanwhile, Houze Invest has revolutionized property investment by creating a place where investors with small financial capacity can be connected to real estate investment opportunities.\n\n\nThen there is Houze Agent, a dedicated work management application for real estate brokers. This feature allows them to improve efficiency, provides sustainable career development opportunities and ensures they can offer the best service experience for customers.\n\n\nFor most startups, doing one of these would be a significant milestone. However, Houze Group has managed to do all of these and more. This is why it is seen as the leading digital ecosystem for real estate in Vietnam.\n\n\nHouze Group\u2019s award-winning credentials\n\n\nHouze Group at the Dot Property Vietnam Awards 2020\n\n\nHouze Group was honored with the Special Recognition Award for Innovation at the Dot Property Vietnam Awards 2020 and also won the award for Solution for Smart Buildings/Apartments at Vietnam Smart City Award 2020.\n\n\n\u201cThe award is encouragement for Houze Group\u2019s pioneering technological innovation efforts to \u2018digitally transform\u2019 the real estate service sector with a product developed by Vietnamese intelligence,\u201d Lam says. \u201cI and my like-minded and enthusiastic associates have always made constant efforts and actions to build values for the Houze Ecosystem. Building a team with outstanding capabilities who understands the company\u2019s mission and consistently pursues the same goal is something that I feel very proud of.\u201d\n\n\nMuch of the success of Houze can be contributed to its team. The company has built a diverse and talented group that brings a wealth of experience. Startup founders, technology experts, financial specialists and those with a deep understanding of property have come together to create this digital ecosystem.\n\n\n\u201cThe resonance of outstanding capabilities, innovative thinking and deep understanding of the market has helped the Houze Ecosystem pioneer to create products and services that respond well to trends, bring value and are practical for the community to use,\u201d Lam points out.\n\n\nThis is not the end of the journey for Houze Group, but the start of something meaningful. It continues to adapt, looking to provide new and exciting solutions through innovation as it strives toward making the real estate sector in Vietnam more accessible for everyone.\n\n\n\u201cHouze Group will continue to move fast, powerfully and effectively to develop innovative and breakthrough products, services and technology solutions. We want to create true values for life while contributing to the strong development of the national digital economy,\u201d Lam notes.\n\n\nHe concludes, \u201cWith proven core competencies and a sustainable, long-term development strategy aimed at becoming a pioneering real estate technology service ecosystem in Vietnam, Houze Group will keep creating value for our communities.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/how-to-buy-property-in-malaysia", "title": "How to buy property in Malaysia", "body": "\n\n\n\nUnderstand how to buy property in Malaysia with this simple guide.\u00a0\n\n\nProperty ownership differs in every country. Whilst we may know the ins and outs of any legalities on home turf, it is important to understand the procedures in the country you are looking to invest in.\n\n\nProperty ownership.\n\n\nMalaysia follows the Torrens system, as also used in Australia and Singapore. A system which is applicable throughout the country and is administered by the State Land Offices. This registration system records the land titles. Property can either be held under freehold or leasehold tenure. Owning property under a freehold basis means that it remains yous until it is sold. There is no time limit placed on this. This type of tenure commonly applies to houses. Under leasehold this tenure, the land the property sits on is owned by the state and is leased out for a term of 30, 60 or 99 years. Upon expiry the property is returned to the freeholder.\n\n\nRegardless of whether property is held under a freehold or leasehold basis, there are a number of land titles that can apply.\n\n\n1. Individual title \u2013\u00a0National Land Code 1965.\n\n\nThis applies to any land, house or commercial property that is not multi-storey.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n2. Strata issue \u2013 Strata Titles Act 1985.\n\n\nThe most common form of title as it applies to condominiums and apartments. Under this form of ownership, the owner must apply to certain obligations as set out by a deed of mutual covenants. These include requirements of unit usage, common facilities and maintenance of common areas.\n\n\nAre foreign purchasers restricted?\n\n\nIt is not uncommon for overseas investors to have restrictions places on their spending power. This also applies to Malaysia. Although the rules differ depending on what state the property is in, generally they can only invest in property over MYR 1 million. Additionally, property cannot be purchased without approval from the state government which is sought through the local land office.\n\n\nHowever that is not to say that Malaysia discourages foreign investors. The \nMalaysia My Second Home\n\u00a0scheme which offers a visa for overseas retirees has been a resounding success and had generated significant revenue stream for the country. Recently the country was dubbed as the most attractive place to retire for \nAustralian\u2019s according to the retirement website internationalliving.com.\u00a0\n\n\nOther points to be aware of.\n\n\n\n\nIn Malaysia property is mostly commonly measured in square foot.\n\n\nThe \nminimum spend for foreigners\n can change across the 13 individual states that make up the country. It is advised to monitor the news to keep abreast of any changes.\n\n\nPurchasers are responsible for stamp duty (between 1 and 3 percent), and solicitor fees (between 0.4 and 1 percent).\n\n\nReal estate fees of generally 2 to 2.75 percent must be borne by the seller.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/how-to-calculate-the-value-of-your-property", "title": "How to calculate the value of your property", "body": "\n\n\n\nFollow our tips on how to work out how much your property is worth.\u00a0\n\n\nProperty is one of those subjects that we all like to talk about. Whether that is discussion of a \nnew township\n being built on the outskirts of \nKuala Lumpur\n, how much a neighbour has put their property on the market for or how much your own property has appreciated in value. As property forms part of many people\u2019s investment portfolios, it is important to be able to accurately value your property especially if you are considering moving.\n\n\n1. Ask the experts.\n\n\nReal estate agents are the eyes and ears on what is happening in the market. Call on their expertise in order to give you a market appraisal of your property. It is recommend to get at least three valuations in order to help work out what your property is worth. Work out the average if there is a discrepancy between them. Remember that some agents may overvalue your property in order to win your business. It is easy to be lured by the highest figure but essentially a property is worth what someone will pay for it. Therefore if one agent is widely higher than the other agents, then ask them how they have reached this figure. This is also your opportunity to ask the agents whether people are offering at asking price or if not, what percentage lower.\n\n\n2. Check comparables.\n\n\nOne accurate way to calculate the value of your property is with comparable evidence. Check \nDot Property\n\u00a0for similar properties that are on the market. But remember to compare like for like. A property that is finished to a lower specification than your property or does not have a car parking space will\u00a0warrant a lower price tag. Remember some properties will be marketed at a higher price in order to allow for negotiations. Even better is to find out recent sold prices as this gives a very accurate idea of where prices are. Chat to your neighbours and speak to the management team at your building who may be able to give you some inside info.\n\n\n3. Calculate per square metre.\n\n\nShould you be comparing your property with one sold in the same building that is a different size, then calculate what the values are on a square metre basis. Many agents will know what values are per square metre for buildings so this is another way to work out the value of your own property.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/how-to-keep-cool-at-home", "title": "How to keep cool at home", "body": "\n\n\n\nFollow these five tips on how to keep your home cool and reduce your electricity usage. \n\n\nTemperatures in Malaysia remain fairly consistent year round. Hovering around the late 20 degrees Celisus, March is the hottest month for Kuala Lumpur. With this bring heats that we often try and shy away from where we can. Electricity usage peaks as we crank up the air conditioning, but what other means can we use to try and keep our homes cool?\n\n\n1. Switch on the fan.\n\n\nAir conditioning has replaced fans. Whilst the latter may seem an outdated they still have their uses. Fans circulate the air well and freestanding ones make it easier to control the temperature in different parts of your home. Plus the icing on the cake is that fans\u00a0uses a fraction of the energy to run as opposed to air conditioning. Install a ceiling one above your bed and you will quickly enjoy the breeze it brings without feeling you are in sub zero temperatures.\n\n\n2. Use air conditioning wisely.\n\n\nHow you use your air conditioning will influence its efficiency. If a fan is not going to cut it for you, then make sure you think about how you are using the air conditioning. Get it cleaned and maintained regularly for optimal performance. When it is in use make sure all the windows and doors are closed. Remember to set the temperature to around 25 degrees Celsius. Experiment with different temperatures. Set it at 21 degrees you may find that your room gets too cold and you are constantly turning it off and on again. This will put further strain on the unit than a steady temperature.\n\n\n3. Protect your home from the sun.\n\n\nThere is a good reason why properties not facing the sun often sell first. They are cool, do not get struck by blazing sunshine and can even enjoy a breeze. If you are subject to direct sunshine then help control the temperature of your home with restricting the sun from coming in. Tinted windows will stop the sun\u2019s UV rays from pouring in without distorting your view out. But if changing the windows is not an option, then consider applying a film that has the same qualities instead. Alternatively, fit curtains and blinds that absorb the sun and remember to shut them when you are not in that room.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4. Use any natural cool air.\n\n\nShould you be fortunate enough to experience a breeze in the afternoon or a cooler evening temperature, then open your windows and doors up to take advantage of this. The hot air will soon escape. And if you have a window in your bathroom remember to leave this open to let the hot air leave after a shower.\n\n\n5. Turn off appliances.\n\n\nElectrical appliances generate heat. So it is best (if possible) to avoid using them in the heat of the day. For example keep ironing to first thing in the morning or the evening. Fridges tend to let out significant warmth so make sure it is set the temperature to medium as any lower and it will be working hard to keep itself cool thus using more electricity and generating more outward heat.\n\n"} {"url": "https://www.dotproperty.com.my/blog/how-to-protect-your-home-during-rainy-season", "title": "How to protect your home during rainy season", "body": "\n\n\n\n6 ways to make sure your home is kept dry during rainy season.\u00a0\n\n\nNow Malaysia is in the thick of the rainy season. From March to June the downpours come when we all try to seek shelter and avoid getting wet. Your home can get damaged during this wet season so it is important to take precautions to protect it. Have a read through this guide to make sure you are ready for the next shower that comes our way.\n\n\n1. Never chance it.\n\n\nIt could be sunny one minute and then raining the next. To ensure you are not caught short always make sure your home is secure by shutting all windows and doors.\n\n\n2. Make it watertight.\n\n\nWater can easily seep in through your windows and doors should there be gaps. Therefore make sure both are watertight so that you are prepared for the next bout of rain. One obvious way to check for any gaps is checking your property after it has rained. See if any water has collected in one particular area or if there is evidence of water inside so you know where to address.\n\n\n3. Clear gutters and drains.\n\n\nShould you be living in a house in Malaysia it is important to check that the gutters are clear of leaves or any other debris that can restrict the flow of water. Any blockages will cause rainwater to seek alternatives routes that could result in overflowing causing damage to your home. Likewise it is important to check any drains such as those on your balcony.\u00a0Remove any debris and should you not be be able to clear it yourself seek the help of a professional who will be able to clear it with the right equipment.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4. Regular roof maintenance.\n\n\nAlso if you live in a house check the roof at least yearly. Keeping on top of any maintenance will save you money and hassle later down the line. Water coming through the roof is probably the most common form of damage to homes during rainy season.\n\n\n5. Invest in home insurance.\n\n\nSometimes when it rains it feels like it is never going to stop. As it is not something we cannot control it is wise to make sure you have taken out an adequate insurance policy to protect your home\u00a0due to severe weather conditions. Remember to read the small print and the terms carefully to make sure it provides you with the right level of protection required.\n\n\n6. Prepare for the worst.\n\n\nWithout wanting to sound too dramatic, it often pays to be prepared for flooding. If your home is likely to be flooded make sure that there are no items on the floor. Move furniture to an upper floor if you can, or stack items on top of one another. Invest in some sandbags. Make sure you have enough drinking water. Stock up on candles and torches in case of a power failure. And have wet weather clothing for yourself.\n\n"} {"url": "https://www.dotproperty.com.my/blog/how-to-save-for-your-own-home", "title": "How to save for your own home", "body": "\n\n\n\nDon\u2019t feel overwhelmed with the prospect of saving for a home with these pointers.\u00a0\n\n\nOne of the first things you will need when buying a property is a deposit. This is regardless of whether you are a \nfirst time buyer\n\u00a0or if you are wanting to move to a bigger home. Increasing the size of your deposit will help secure a better mortgage deal. It will also lower your monthly mortgage as well as be able to help you move into your dream home. But how can you increase the size of your deposit?\n\n\n1. Get number crunching.\n\n\nStart by calculating where you are spending your money. Set up a spreadsheet and track your outgoings each month. Categorise this into groups such as food, entertainment, rent, bills, transport, etc.\n\n\n2.\u00a0Budget.\n\n\nOnce you have established how much you spend each month on regular outgoings, set yourself a budget for those that aren\u2019t fixed, such as shopping and entertainment and stick to this budget.\n\n\n3.\u00a0Cut back on one.\n\n\nIn order to save money you are likely to need to make a saving somewhere. Whether you ditch the morning freshly brewed coffee from your favourite barista for a cup of instant at work, opt for public transport instead of your own car, eat out only when you have an online meal deal or give up the subscription to your favourite magazine. Cutting back on all of the things you enjoy is hard, and is less likely to be a success. So start with cutting back on one and once you do not notice that this is missing you can cut back on more.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4.\u00a0Shop around.\n\n\nCould you reduce the cost of your monthly outgoings by getting yourself a better deal? Are you spending too much on your phone but not using up all the data or minutes? Could you look for a better car insurance deal? Cheaper health insurance? Home internet? Look at all your fixed outgoings and speak with your provider to see if they can reduce the cost for you, and if not, seek an alternative service for a better deal.\n\n\n5.\u00a0Agree on a monthly saving amount and set a goal.\n\n\nOnce your finances are in order you will be in a better position to set a monthly deposit amount. You want to set aside any disposable income but remember to make this a realistic figure otherwise you will never stick to it. And remember to have a goal of how much you need to save too.\n\n\n6.\u00a0Set up a separate savings account.\n\n\nOpen a bank account solely dedicated to your property purchase. Pick one that makes it hard to withdraw money so that you don\u2019t dip into it with ease. This could be one where you are penalised for making withdrawals or one with a bank book rather than ATM card. They tend to have the higher interest rates too. Set up an automatic transfer into this account the day that you get paid so that the money has instantly gone. Then if you have any money left at the end of the month you can transfer this into the account too.\n\n\n7. Remain strong.\n\n\nSaving can take time so be patient and stick to your guns. Set yourself a visual goal if you feel it would help. Such as a picture of your dream home on your fridge. There are ways you can increase your property deposit even quicker by cutting out on bigger luxuries such as holidays or big purchases such as the latest phone. Additionally, if you get a bonus at work then transfer this straight to your savings account. You will be surprised at home quickly your savings can accumulate.\n\n"} {"url": "https://www.dotproperty.com.my/blog/how-to-sell-your-home", "title": "How to sell your home", "body": "\n\n\n\nAchieve a quick sale by making sure your property is ready for the market.\n\n\nWhether you are selling a property that has been your home for five years or you are selling one of your investment portfolio, it is easy to glaze over features of the property that may deter prospective purchasers.\n\n\nTake a step back, remove your rose tinted glasses and take a few photos of your property to see what is working and what isn\u2019t. First impressions count for everything in the property world to set your home up to appeal to the market by following these simple steps.\n\n\n1. Declutter.\n\n\nRemove personal items and clear worktops to create more space. Every person who walks through the door wants to imagine themselves living in your home but this won\u2019t be the case if they have to step over your dirty washing on the floor or if they are greeted by a sea of family photos. It is hard to detach yourself from your own home so make it is simple for those who are having a look round.\n\n\n2. Dress the property.\n\n\nWhat the industry means by dressing your property is to make it look livable and easy to move into. If you are using your second bedroom as a study, remove the desk and set this room up as a bedroom rather than a study. With smaller rooms it can be hard to visualise a double bed will fit in the space, but in fact, by putting in a double bed it will make it look larger and open your property up to a wider market. Make sure each room is shown to the best of its ability, make up beds, straighten the cushions on the sofa and set the table for dinner.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n3. Latest trends.\n\n\nThere is no doubt that properties that have the latest interior trends will be more appealing and secure a better price. Upgrading a kitchen or bathroom is costly and timely which may not be feasible, so make small changes to instantly make a change. Paint the walls in an off white grey rather than cream that dominated the 1990s, add a few modern accessories such as cushions or a rug and mostly importantly remove any items which dominate the room that may not be to everyone\u2019s tastes.\n\n"} {"url": "https://www.dotproperty.com.my/blog/how-will-aging-asia-change-real-estate-investment", "title": "How will aging Asia change real estate investment?", "body": "\n\n\n\nAn aging global population is set to transform the global real estate investment landscape over the coming decade, as an increasing number of insurance and pension funds revamp their strategies to cater for a new generation of retirees.\n\n\nBy 2050 there will be more people over the age of 55 than the entire population of the world in 1950. And they will need steady income streams to see them through their retirement.\n\n\n\u201cThis is where real estate plays a crucial part; it provides exactly the type of investment that pension schemes are looking for: lower risk more predictable income streams that allow them to match their outflow liabilities,\u201d said David Green-Morgan, Global Capital Markets Research Director at JLL in his blog.\n\n\nJLL research predicts global real estate transaction volumes will pass the US$ 1 trillion mark by 2020, up from US$ 700 billion in 2015, largely due to institutional investors dedicating more capital to the sector. They currently account for 20 percent of the market but \u201cwe expect this to increase significantly in the future as they execute on bigger and bigger investment requirements,\u201d Green-Morgan added.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAs more investors pile into the sector to diversify their portfolios, hedge against inflation, lower risk and find secure income streams, they\u2019ll need to look further afield for opportunities. Already Asian buyers, notably sovereign wealth funds, pension funds and insurance companies, have become a major force behind climbing real estate values in the U.S. and Europe. And real estate is set to become more globalized yet with cross-border activity predicted to account for more than 50 percent of all real estate investment by 2020 \u2013 equating to US$500 billion a year.\n\n\nWithin countries, investors are also casting their net more widely due to a lack of investment grade properties coming on to the market. \u201cWe anticipate that in the absence of significant new stock becoming available, capital will target many different avenues to achieve its desired direct real estate exposure, including joint ventures, partnerships, M&A and other alternative sectors such as healthcare, retirement living and, increasingly, residential,\u201d added Green-Morgan.\n\n\nPlanning ahead for an older world\n\n\nThe combination of a shrinking workforce and more people living longer is far from being a new realisation for governments. European pension funds, for example, now have greater outflows than inflows on a net basis.\n\n\nIn preparation, countries including Australia, Canada, New Zealand and Malaysia have created government schemes to invest contributions on behalf of their aging populations. Vietnam and Indonesia are implementing changes to their currently inadequate pension systems while the Singaporean bank DBS and Manulife recently announced a 15-year regional distribution deal that will market insurance products to Asia\u2019s rapidly aging middle class.\n\n\nIndeed, Asia is home to half of the top ten fastest-aging countries in the next five years with South Korea, Singapore and Hong Kong particularly affected.\n\n\n\u201cAs the working age population shrinks in the coming years, global savings investment will surge,\u201d Green-Morgan said.\n\n\n\u201cThis is particularly noticeable in China where the drop off in the size of the workforce mirrors that of Western Europe, the U.S., Canada, Japan and Australia.\u201d\n\n\nAs such, insurance and pension funds in the region are set to invest as much as US$ 300 billion into global real estate markets by 2020 to help meet their future obligations.\n\n\n\u201cIn most Asian countries (ex-Australia) pension assets as a percentage of GDP remain below the global average,\u201d Green-Morgan said.\n\n\n\u201cLooking ahead, we will see increased allocations by the region\u2019s pension funds into real estate as a result of the ageing population, pension reforms and capital market developments.\u201d\n\n\nAlthough it\u2019s just one of the considerations stemming from the imminent demographic shift across developed and developing world \u2013 it\u2019s a key one to get right.\n\n\n\u201cMore of us are set to retire than at any point in history. This has enormous implications for how we plan, invest and execute our retirement plans, and this is why real estate investment is becoming so much more important for institutional investors,\u201d Green-Morgan concluded.\n\n\nThis article was first published on \nwww.jllrealviews.com\n and is reproduced with kind permission.\n\n"} {"url": "https://www.dotproperty.com.my/blog/hua-hin-condo-market-starts-recover-villas-stay-popular", "title": "Hua Hin condo market starts to recover, villas stay popular", "body": "\n\nDespite a great location, the Hua Hin condo market hasn\u2019t performed as well as other parts of Thailand during the past few years. However, the situation began to turn around in 2018. Knight Frank Thailand reports that some positive signs were seen during the first three quarters of last year.\n\n\nA total of 1,041 new \ncondominium \nunits\n\u00a0came online during this time, skyrocketing 164 percent when compared to the same period in 2017. The new supply is situated in central Hua Hin as opposed to more suburban locations. This highlights how developers have learned from prior mistakes.\n\n\nOne of the reasons for the Hua Hin condo market slowdown was due to product types that didn\u2019t resonate with buyers. According to Knight Frank, homebuilders focused on finding ways to blend functionality with the ambiance of the resort destination. This ensured more developments appealed to buyers.\n\n\nThe Hua Hin condo market also benefited from commercial flights flying to the city for the very first time. \nAir Asia now operates regular air service between Hua Hin and Kuala Lumpur\n\u00a0which brought more people to the seaside town in 2018.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKnight Frank noted that Thais buyers searching for vacation homes or investment units to let out still make up the majority buyers. Expat retirees and overseas investors also active in Hua Hin.\n\n\nHua Hin villas impress\n\n\nThe Hua Hin condo market is recovering, but villas in the city have remained popular with buyers. By offering more space and peaceful surroundings, Hua Hin villas are ideal for families wanting a place to get away from everyday life.\n\n\nRed Mountain, \nwinner of Best Villa Development Hua Hin at the Dot Property Thailand Awards 2018\n, is one of the many projects catering to those who want a break from city life. The development boasts modern-designed homes with quality finishes, fabulous mountain views, a lake and water features.\n\n\nOne popular characteristic of Red Mountain is the large, old trees that have been kept in the land. They help maintain the natural environment and beauty of the area. This ensures residents feel close to the natural surroundings that Hua Hin is known for.\n\n\nSivana HideAway\n\n\nAnother villa development popular with buyers is Sivana HideAway. \nThe estate is one of a small number Hua Hin villa developments near the \nsea\n\u00a0making it very unique. Residents can enjoy style and comfort while also being a short drive from the Hua Hin city centre.\n\n\nFor investors, there is a chance for both lucrative returns as well as personal usage during the year. The developer is offering a six percent rental guarantee for five years for those who opt into the rental management programme along with 30 days of personal use annually.\n\n\nSee more: \nVillas for sale at Sivana HideAway\n\n"} {"url": "https://www.dotproperty.com.my/blog/hua-hin-prepares-october-1st-reopening-thanks-new-program", "title": "Hua Hin now set for November 1st reopening after plans pushed back", "body": "\n\nPlans for Hua Hin to welcome international visitors have now been delayed to November 1 as the seaside city struggles meet reopening criteria. The Hua Hin Recharge program will eventually allow tourists to travel without needing to quarantine as long as they produce a negative COVID-19 test result after arriving.\n\n\nThe plan has support from the Tourism Authority of Thailand (TAT) who are working with local officials on logistics. It was suppose to take affect on October 1, but was first delayed to October 15 and now November 1 due to the continued presence of COVID-19 and low vaccination rates.\n\n\nTwo options are being made available for tourists wanting to visit. The first is they can\u00a0fly into Hua Hin airport. \nA second option will see them arrive at\u00a0Suvarnabhumi International Airport and then travel directly to Hua Hin via car under the Cha-am Sunshine Program\n.\n\n\nThere is less certainty about the former option with Thai AirAsia having paused flights into the facility last year. \nA report in the Bangkok Post\n stated an aviation advisory company was working on securing more international flights to Hua Hin airport although talks remain ongoing.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRelated:\n\u00a0\nPattaya Move On details city\u2019s reopening plans with hopes visitors can arrive in October\n\n\nIt was also announced that the Hua Hin Recharge program is eligible to receive travelers who are participating in the Phuket Sandbox under the 7+7 extension scheme. That would mean any tourist who spends seven days in Phuket could then travel to Hua Hin.\n\n\nIn order to better facilitate the arrangement, TAT Governor Yuthasak Supasorn is hoping to start up flight service between Phuket and Hua Hin. He cited the fact that flights between Phuket and Koh Samui have shown this is realistic.\n\n\nIt was noted that Hua Hin Recharge program won\u2019t see the Prachuap Khiri Khan and Phetchaburi provinces fully reopen. Initially, only Hua Hin would be reopened to overseas arrivals, but this could be expanded as soon as the rest of the region hits the vaccination threshold of 70 percent.\n\n\nThai Spa Association President and Hua Hin Recharge Project Head Krod Rojanastien is optimistic about the impact the program will have on the region. It\u2019s estimated that hotel occupancy rate could reach as high as 60 percent during the fourth quarter.\n\n"} {"url": "https://www.dotproperty.com.my/blog/hua-hin-real-estate-market-preparing-take-off", "title": "Is the Hua Hin real estate market preparing for take off?", "body": "\n\nThe Hua Hin Airport will welcome flights from Malaysia starting in May\n\n\nAir Asia announced it will operate four-times weekly flights linking Kuala Lumpur to Hua Hin starting in May. The move will have a far ranging impact with the Hua Hin real estate market among the many sectors set to benefit. While long popular with residents of Thailand, the seaside town has struggled to become an international destination.\n\n\nIn order to reach Hua Hin, international tourists currently have to cope with a three-hour car/minibus journey from Bangkok. This option is unappealing when compared to the 90-minute drive it takes to reach Pattaya. However, that could change with Air Asia now flying into the city. It should increase the number of visitors from Malaysia as well as places like Singapore who can easily transit in Kuala Lumpur.\n\n\n\u201cI think this could be a good start and it will hopefully pave the way for even broader access in the future,\u201d \nTom Thrussell, Centara\u2019s vice president of brand, marketing and digital, told TTG Asia\n. \u201cThe Asian markets who make short stays to Thailand have been less inclined to visit Hua Hin in the past because the journey time from Bangkok, at either end of a short stay, eats into too much of their break. This new accessibility will change that for one of these markets for now at least.\u201d\n\n\nWhat does it mean for the Hua Hin real estate market?\n\n\nThe link between real estate and tourism is well known, and while it could take a bit of time for the effects to fully kick in, the Hua Hin real estate market is likely to benefit. \nThe city is popular for its low-key, laid back lifestyle\n and it is easy to see some visitors preferring the city to Pattaya or Phuket.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThis could positively influence both rental rates and property prices in Hua Hin, both of which have been relatively stagnant over the past few years. Exactly how much depends on if more flights are allowed to land at Hua Hin Airport and if other infrastructure projects, such as the proposed high-speed train, are completed.\n\n\nAn affordable beach alternative in Thailand\n\n\nProperty prices in Hua Hin remain relatively reasonable with condominiums offering great value. It\u2019s even possible to find bargains for high-end real estate if you look closely. Here are few of the condominium units currently available on www.thailand-property.com\n\n\nResort-style condominium unit\n\n\n The Hua Hin real estate market has plenty of resort-style condominiums available at all different price points. \nThis one-bedroom unit at the north end of the city is available for only THB1.3 million (USD 41,368)\n. At 33 square metres, it is spacious and comes fully furnished. The unit can be used for short, medium or long-term rentals. \nExecutive Homes Hua Hin is listing this unit\n.\n\n\nFully furnished modern condominium \n\n\nFor THB 2.2 million (USD 70,000), \nthis modern condominium offers everything a person could possibly want in Hua Hin\n. It comes fully furnished in a new-build development that boasts several amenities like a sky deck with panoramic sea views. This condominium is listed by \nHua Hin Japan\n and can be used as a holiday home, primary residence or for rental investment.\n\n\nAmazing sea view unit with wraparound balcony\n\n\nWhile it may be more expensive, \nthis 17\nth\n floor unit offers some of the best ocean views possible\n. Located in Cha-am, a 30-minute drive from Hua Hin, the two-bedroom, three-bathroom unit is on the market for THB14.5 million (USD 461,500). The entire property has been completely refurbished and modernised with the wraparound balcony making it extremely unique for the area.\n\n"} {"url": "https://www.dotproperty.com.my/blog/hung-thinh-land-joint-stock-company-named-developer-year-vietnam-2022", "title": "Hung Thinh Land Joint Stock Company named Developer of the Year Vietnam 2022", "body": "\n\n\n\n\n\nDeveloper of the Year Vietnam 2022\n\n\nBest Mixed-Use Developer Vietnam 2022\n\n\nSpecial Recognition Award for CSR 2022\n\n\n\n\nHung Thinh Land Joint Stock Company has worked diligently to become one of the most respected names in Vietnamese real estate. Its efforts over the past 12 months were rewarded when the firm was presented with Developer of the Year Vietnam 2022 at the Dot Property Vietnam Awards 2022.\n\n\nThis is the event\u2019s top honor and reflects the quality and value Hung Thinh Land Joint Stock Company offers at its projects. Additionally, the company took home Best Mixed-Use Developer Vietnam 2022 and the Special Recognition Award for CSR 2022.\n\n\nIts success at the Dot Property Vietnam Awards 2022 is a credit to Hung Thinh Land Joint Stock Company\u2019s unique vision for real estate. The developer boasts an outstanding portfolio of projects that showcase the firm\u2019s skill in creating one-of-a-kind spaces that are unsurpassed.\n\n\nThe developer is also committed to providing clients with substantial value through modern innovations and convenience. Hung Thinh Land Joint Stock Company owns and develops 56 real estate projects across Vietnam, including several impressive mixed-use developments.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWinning Developer of the Year Vietnam 2022, Best Mixed-Use Developer Vietnam 2022 and the Special Recognition Award for CSR 2022 is not the first time Hung Thinh Land Joint Stock Company experienced success at the Dot Property Awards.\n\n\nAt the Dot Property Vietnam Awards 2018, the firm won Best Mixed-Use Development for Q7 Saigon Riverside Complex. Hung Thinh Land Joint Stock Company would go on to receive Best Residential Developer at the Dot Property Southeast Asia Awards 2020.\n\n\nRead More:\n\u00a0\nDot Property Vietnam Awards 2022 Honors 48 Winners As Resiliency, Recovery and Sustainability Take Center Stage\n\n"} {"url": "https://www.dotproperty.com.my/blog/identifying-key-workplace-trends-second-half-2021", "title": "Identifying key workplace trends for the second half of 2021", "body": "\n\nRegus has identified three key workplace trends that will define the second half of 2021\n\n\nIt\u2019s safe to say the first four months of this year have been quite eventful in Malaysia. The start/stop nature of the country\u2019s recovery from COVID-19 has required businesses, SMEs and entrepreneurs to be as flexible as possible. Regus, the world\u2019s leading flexible workspace provider, has identified three key workplace trends that will shape the second half of 2021.\n\n\nClick to see Regus office solutions in Malaysia\n\n\nSafer work environments\n\n\nIt\u2019s vital for employers to have robust policies and procedures in place to keep their employees safe from COVID-19. Important safety measures businesses need to consider include cleaning procedures, temperature checks, health surveys and updated sick time policies.\n\n\nOf course, if you\u2019re based in a flexible workspace, then it is up to the provider to create a safe work environment. Regus has been a leader in these efforts and its facilities in Malaysia are\u00a0\nwell-equipped\n\u00a0to protect everyone.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cOne of the benefits of operating the world\u2019s largest network of flexible workspaces is that we\u2019re able to assess local trends, align ourselves quickly and deploy important process changes and strategies with remarkable speed,\u201d\u00a0Wayne Berger, CEO of Regus\u2019 parent company IWG in the Americas, stated.\n\n\nHybrid models\n\n\nMany companies are planning to adopt a hybrid approach to where their employees work in the coming months. According to research conducted by Stanford University Economic Professor Nicholas Bloom, the optimal situation for productivity is remote working for two days and being on-site for the reminder of the week. The benefits of the hybrid model are enjoyed by both employees and employers.\n\n\n\u201cThe hybrid model is delivering spectacular benefits for employees and employers alike,\u201d Regus Founder (and now CEO of IWG), Mark Dixon, noted. \u201cTeam members gain better mental health and reduced costs through not having to travel into city centers, along with greater career opportunities closer to home. And it gives companies the financial flexibility to invest in their staff and in growing the business, instead of the buildings from which they operate.\u201d\n\n\nEmbracing the workspace revolution\n\n\nPrior to the events of 2020, demand for alternative and flexible workspace solutions had been growing with employees leading the charge. Now, employers are embracing this workspace revolution which will be noticeable in the second half of 2021.\n\n\n\u201cThe demand for alternative and flexible workspace solutions used to be driven by the employees \u2013 something IWG called \u2018the workspace revolution\u2019. Today, we\u2019re seeing a much increased demand from employers seeking to facilitate hybrid workforces with multiple office hubs for greater productivity and talent retention. Developers and landlords have also joined this strategic trend,\u201d Lars Wittig, Regus Country Manager for the Philippines, Vietnam, Cambodia, Malaysia and South Korea, said.\n\n\nFind the workspace solution right for you\n\n\nWith 33 flexible workplaces across Malaysia\n, no operator provides individuals, startups, SMEs and MNCs with more options than Regus. These spaces can be found in Kuala Lumpur, Petaling Jaya, Shah Alam, Johor Bahru and Kota Kinabalu with the most desirable neighborhoods in each area represented.\n\n\nDuring a time where uncertainty has created challenges for businesses of all sizes, Regus is empowering companies in Malaysia with a tailored-made solution to office space. Regus\u2019 ability to provide space flexibility ensures you are primed for success today, tomorrow and beyond.\n\n\nFind your space today!\n\n"} {"url": "https://www.dotproperty.com.my/blog/importance-golden-visa-post-pandemic-world", "title": "The importance of a golden visa in the post-pandemic world", "body": "\n\nThe Portuguese golden visa program provides investors with a secure future and the possibility of strong returns\n\n\nCOVID-19 brought with it a number of unforeseen consequences with the most notable being restricted movement. Many Asian high-net worth individuals (HNWIs) found themselves without an alternative other than to wait the situation out. These challenges have highlighted the importance of a golden visa in the post-pandemic world.\n\n\nPassports in Southeast Asia are among the weakest in the world. Thailand, Cambodia, Vietnam, Laos, Indonesia and the Philippines were all ranked in \nthe bottom third of the Global Passport Power Rank 2021.\n However, HNWIs in countries with stronger passports, such as Malaysia, did not benefit from these when borders were closed and travel was limited to citizens or permanent residents.\n\n\nThe situation has caused many Southeast Asian HNWIs to actively begin exploring golden visa opportunities. It\u2019s not that this group is worried about another global pandemic or future travel restrictions per se. Instead, they are looking at the current situations in both their home country and globally and seeing a need to diversify.\n\n\nThe importance of a golden visa in the post-pandemic world comes down to having more freedom and opportunity, both for yourself and your family. Holding one empowers you with the freedom to live, work and study overseas and all of the opportunities that come along with it, such as citizenship.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nGolden visa schemes in the European Union draw the most interest and for good reason. These allow you to live, work or study throughout all Schengen countries, not just where your visa was issued. That being said, EU programs do vary quite a bit from country to country. It\u2019s important to know the requirements of each one and understand how the differences will affect you.\n\n\nWhy do HWNIs choose the Portugal golden visa program?\n\n\nHome prices in Portugal have risen by 86.5 percent over the past decade\n\n\nThe Portugal golden visa program started in 2012 and remains one of the most popular options to this day. Its stability and proven track record provide applicants with significant peace of mind.\n\n\nFor an EUR350,000 investment, you will receive the visa which immediately places you on the pathway to permanent residency after five years. There is also the possibility of applying for Portuguese citizenship and a passport, assuming you meet certain criteria. This is available to both the investors and their family members.\n\n\nWhile there are a few different investment options, most HNWIs select real estate. For starters, it is a great way to diversify their property portfolio. Secondly, home prices in \nPortugal have risen by 86.5 percent over the past decade\n\u00a0and the local market continues to perform well. For example, \nthe value of home transactions reached EUR8.6 billion in the second quarter of 2021\n, the highest figure since 2009.\n\n\nLearn more about the importance of a golden visa in the post-pandemic world\n\n\nIf you want to learn more about the importance of a golden visa in the post-pandemic world and real estate investment opportunities in Portugal, \nyou can schedule a complimentary consultation with Falcon Pyramid\n, a leading investment company based in Lisbon. Their team of experts has assisted numerous HNWIs with the Portugal golden visa program.\n\n\nSchedule your free consultation\n\n"} {"url": "https://www.dotproperty.com.my/blog/increased-mindanao-flight-connections-boost-property-business", "title": "New Kota Kinabalu to Mindanao flight connection to boost property and business", "body": "\n\nPhoto / Official dirk - Flights from Davao City to Indonesia will start in March \n\n\nLast year, Mindanao, and Davao City in particular, were seen as one of \nthe most exciting real estate investment destinations in the Philippines\n. The momentum is set to continue in 2020 as a pair of new international flights will connect the booming region to other countries in Southeast Asia.\n\n\nAccording to the Manila Bulletin\n, a non-stop flight between Davao City and Manado, Indonesia will begin operations in March. A second non-stop flight between Zamboanga City and Kota Kinabalu in Malaysia will commence at the same time. Experts believe this will make the region more enticing to overseas investors.\n\n\n\u201cGiven the institutional mechanisms established and/or facilitated this year, the connectivity projects linking Davao and Manado, Zambo and KK, and trade relation agreements with other nations outside Southeast Asia, Mindanao would enjoy better comparative position as an investment destination,\u201d Mindanao Development Authority Public Relations Head Adrian Tamayo told the newspaper.\n\n\nHe added that Davao is set to play an important role as a gateway for Mindanao and can be a showcase for the entire region. The new flight connections are predicted to increase in tourist arrivals which could in turn lead to an increase in real estate investments.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDevelopers ready in Davao City\n\n\nA number of developers are already active in Davao City as they look to build a presence in Mindanao. For example, SM Development Corporation (SMDC) launched its first project in Davao City last year and the feedback has been great. \nThe homebuilder was even named Best Developer Davao at the Dot Property Philippines Awards 2019 for Lane Residences\n.\n\n\nThe residential project has brought convenience and a modern lifestyle to Davao City and this has resonated with property seekers. Lane Residences features a wide range of resort-style amenities that appeal to families. SMDC worked hard to launch a project that appealed to both end users and real estate investors.\n\n\nAnother developer making a name for itself in Davao City is Grand Land. \nThe company\u2019s Amani Grand Citygate Davao took home Best Investment Development at the Dot Property Philippines Awards 2019\n. This was one of the first projects outside of Cebu that Grand Land has worked on and buyers have been snapping up units at the first few phases quickly.\n\n"} {"url": "https://www.dotproperty.com.my/blog/indians-snap-up-malaysian-property", "title": "Indians snap up Malaysian property", "body": "\n\n\n\nIndians are capitalising on the rupee\u2019s strength by buying more overseas properties.\n\n\nBuying property overseas is nothing new. Many look to other markets to capitalise from potential growth or for a second home. Indians are no different. They have been avid purchasers of property across the globe but mainly for investment purposes. Their international shopping sprees\u00a0have recently ramped up due to the strength of the rupee.\n\n\nAccording to recent data revealed in the report \u2018Looking beyond Borders\u2019 by Knight Frank India and the International Real Estate Expo, Indians spent USD 112 million on overseas property in the last fiscal year. A hike of USD 23.6 million if compared to the previous year and looking further back an increase of nearly 60 times from 2005 to 2006.\n\n\nRecently property has become more affordable and within easier reach for many Indians than even just one year ago. With property in Malaysia the cheapest option. The report also stated that over three-quarters of Indian investors look for property that costs less than USD 1 million. Plus 63 percent of Indians prefer property which is less than 1,500 square foot. Thus making Malaysia a favourable place to snap up real estate due to wide range of options available.\n\n\nMalaysia and India have a longstanding healthy relationship that is a contributing factor too. Malaysia has been long home to many Indian immigrants and the two countries have strong trading connections.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDubai, Cyprus, and the UK are other markets that Indians have been investing in thanks to the strength of the rupee against the local currencies. Whereas investors have been steering clear of Australia which has become more expensive.\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/indonesia-announces-plans-loosen-foreign-property-ownership-regulations", "title": "Indonesia announces plans to loosen foreign property ownership regulations", "body": "\n\nBuying a property in Bali could be more attractive if new ownership regulations are approved\n\n\nIn an attempt to provide a boost to the country\u2019s waning property market, the Indonesian government informed local property developers that it will ease foreign property ownership regulations. \nAccording to the Straits Times\n, Agrarian and Spatial Planning Minister Sofyan Djalil told industry leaders the new rules could be in place by the end of August.\n\n\n\u201cOn this foreign ownership matter, God willing\u2026 we will have (the Bill that covers the matter) ratified into law by end-August,\u201d Sofyan was quoted as saying by the newspaper. \u201cThat is the commitment from Parliament and President Joko Widodo had requested for such a timeline to be the deadline.\u201d\n\n\nThe COVID-19 pandemic has wreaked havoc on the Indonesian property market with Cushman & Wakefield finding high-rise apartment sales dropped by 30 percent in the first quarter of this year. Housing sales also fell during the same period, but only by three percent.\n\n\n\u201cThe overall residential market is expected to soften in the first half of 2020,\u201d \nDavid Cheadle, Cushman & Wakefield Indonesia Managing Director, told the South China Morning Post\n. \u201cSeveral developers are already facing cash flow difficulties, with the COVID-19 outbreak disrupting developer revenues due to declining sales, with far fewer prospective-buyer inspections to housing projects caused by social distancing restrictions and work-from-home policies adding to the constant burden of construction loan interest rates.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThat caused Fitch Rating to downgrade its outlook on the Indonesia homebuilding sector from stable to negative. The agency cited an unprecedented weakening in domestic demand due to the COVID-19 pandemic as the main reason for the change.\n\n\nCan relaxed foreign property ownership regulations stimulate the market?\n\n\nThe Indonesian government is hoping an increase in overseas demand will offset the lack of domestic buyers, at least in the short-term. In order to attract foreign buyers, the country is set to relax its fairly strict foreign property ownership regulations which have turned off many potential buyers in the past.\n\n\nCurrently, international buyers can only own property in Indonesia via leasehold agreements. No details on what the government may do have been released, but local property professionals are excited by the potential changes.\n\n\n\u201cThe potential of a foreigner being allowed to hold a (right-to-build) title in line with Indonesian citizens is a game changer. If it also allows for foreigners to mortgage in Indonesia it will open up a much larger market than in the past when it was all cash driven,\u201d \nTerje Nilsen, CEO of Seven Stones Indonesia, wrote in an article\n. \u201cThis will encourage foreigners to choose Indonesia as a first or second home option. Especially now when more and more people work from home. And they can call Bali, and other places in Indonesia home.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/industrial-logistics-leads-philippine-property-market-forward", "title": "Industrial and logistics leads the Philippine property market forward", "body": "\n\nFirst Philippine Industrial Park is one of many innovative industrial properties in the Philippines\n\n\nWhile the COVID-19 pandemic slowed many real estate sectors in the Philippines, demand for industrial and logistics space actually increased. Several experts believe the sector will remain a bright spot for the country\u2019s property market in the coming months and possibly years.\n\n\nThis was one of the key takeaways from \nThe Future of Logistics: Moving Beyond the Pandemic \npanel discussion organized by Santos Knight Frank.\n\n\n\u201cDuring the ECQ period, demand for industrial and logistics space rose for essential goods. In the following months, we expect demand to be more stable compared to the other real estate sectors. This demand is encouraged by the shift to e-commerce and the subsequent effects on demand for logistics, cold chain, warehouse, and other industrial services,\u201d Kash Salvador, Santos Knight Frank Associate Director of Investment & Capital Markets, stated.\n\n\nHealth and wellness now, manufacturing in the future\n\n\nAccording to William B. Chiongbian II, Group President & CEO of Fast Logistics Group, the Philippine logistics industry is in a prime position to support growing demand for health and wellness products.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cThe quality of food will matter, and health and wellness will start to take a front seat in a developing country like the Philippines. With the right recipes from entrepreneurs, local government, and delivery enhanced by information technology, the industrial real estate infrastructure will be in the right place,\u201d Chiongbian said.\n\n\nLooking ahead, the Philippines could become a manufacturing destination in Asia as long as the industrial sector receives the proper support.\n\n\n\u201cWith the right real estate infrastructure and support from the government, we\u2019ve got to act together within the industrial sector that the Philippines is still one of the best manufacturing destinations. We need to work together to enhance what this country has to offer,\u201d Chito Zaldarriaga, President of the Philippine Ecozone Association (Philea), explained during the discussion.\n\n\nIndustrial sector outlook remains positive overall\n\n\nThe industrial sector is expected to remain resilient moving forward. Howver it is important for those in the sector to rethink strategies in order to best take advantage of new opportunities that arose from the COVID-19 crisis.\n\n\n\u201cThe industrial sector is all about the basics: basic space, food security, storage, and all the things you need in a crisis. This crisis is a realization that people are always going to need the industrial and logistics sector, and there is huge opportunity here,\u201d Rick Santos, Chairman & CEO of Santos Knight Frank, noted.\n\n"} {"url": "https://www.dotproperty.com.my/blog/industry-pessimism-rules", "title": "Industry pessimism rules", "body": "\n\n\n\nREHDA Malaysia recently revealed the findings of its REHDA Property Industry Survey for the second half of 2015. The survey respondents comprised REHDA members from all 12 states across Peninsular Malaysia. The survey was to gauge the property market performance for the second half of 2015 and the outlook for 2016, as well as to find out the challenges faced by members in this current softening market.\n\n\nOverall, the percentage of respondents with project launches and units launched in H2 2015 showed a reduction compared to the previous half. Residential properties continued to lead new launches albeit at reduced numbers while commercial units recorded a slight increase.\n\n\nDomestic buyers continued to lead the residential market with 13% of respondents\u2019 reporting their buyers purchasing for own occupation while those with clients purchasing for investment purpose has decreased from 23 percent in 1H 2015 to 13 percent in 2H 2015.\n\n\nSales Performance\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSales performance was unexpectedly holding well, with increased number of respondents reporting better sales, mainly the apartment/condominium units.\n\n\nLaunches\n\n\nLaunches of landed residential and strata properties moderated in 2015 with strata launches overtaking landed properties by only 1 percent. Launches of strata properties are mainly in Selangor and Kuala Lumpur. Commercial unit launches, on the other hand, saw a small increase of 52 units.\n\n\nUnsold Units\n\n\nIn tandem with the unexpectedly better sales performance, respondents with unsold units decreased from 78 percent in 1H 2015 to 62 percent in 2H 2015. End financing and loan rejection topped the reasons for unsold units with increased number of respondents facing such problem. Houses priced between RM 250,001 and RM 700,000 appeared to be most vulnerable to loan rejection by banks.\n\n\nBusiness Operations\n\n\nIncreased cost of doing business continues to be a burden to developers with 61 percent of respondents reporting cost has increased up to 10 percent. Some developers have even resorted to implementing cost-cutting measures such as ceasing new recruitment, adopting fewer working hours and even salary reductions.\n\n\nAlthough respondents providing affordable housing has shown a slight increase, provision of affordable housing remains a challenge with increased overall cost of doing business being the main reason, followed by high land price and cross subsidies from higher end products.\n\n\nDevelopers Interest Bearing Scheme (DIBS)\n\n\nSome 65 percent of respondents said that the Developers Interest Bearing Scheme (DIBS) will help improve sales performance, out of which 62 percent agreed that DIBS should be reinstated for properties below RM 500,000 for first-time buyers to facilitate the nation\u2019s home ownership agenda.\n\n\nFuture Launches and Outlook for 2016\n\n\nAlthough almost equal number of respondents with and without launches were recorded for 1H 2016, more than three quarter were targeting only below 50 percent sales in the first six months of launch. Prices of future launches are expected to be maintained.\n\n\nIn conclusion almost 70 percent of the survey respondents were pessimistic on the H1 2016 outlook however, levels of pessimism are anticipated to reduce in the following six months with more respondents reporting a neutral stance.\n\n"} {"url": "https://www.dotproperty.com.my/blog/infrastructure-boost-report", "title": "Infrastructure boost: report", "body": "\n\n\n\nReal estate firm Knight Frank Malaysia, in its latest Malaysia Real Estate Highlights report for first six months of 2016, noted how infrastructure is acting as a major boost for the property and real estate sector in the country.\n\n\nThe report looked into the market performance across the various property sectors \u2013 residential, office and retail; and highlighted trends and outlook in the four key markets in Malaysia, including Kuala Lumpur, Klang Valley, Penang, Johor Bahru and Kota Kinabalu.\n\n\nSarkunan Subramaniam, Managing Director, Knight Frank Malaysia, said, \u201cDespite the cloudy outlook for all market sectors amid further weakening in the domestic economy and global uncertainties, the construction industry, particularly infrastructure-related, continues to drive economic growth.\n\n\n\u201cThe recent signing of the Memorandum of Understanding (MoU) between the Governments of Malaysia and Singapore on the High-Speed Rail (HSR) linking Kuala Lumpur and Singapore is welcome news, bringing the game-changer project a step closer to reality.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cWith the first phase of the Sungai Buloh-Kajang (SBK) MRT Line slated to be operational by the end of this year, urbanites in Klang Valley will experience improved mobility.\n\n\n\u201cThe slew of infrastructure-related projects in the country will inevitably shift the focus of future developments, with more activities expected along the various transportation routes as a higher segment of the population embraces public transit ridership encouraged by reduced travelling time.\u201d\n\n\nHighlights of 1H 2016\n \n\n\nKuala Lumpur High-end Condominium Market\n\n\nThe residential market remained lackluster, according to Knight Frank, with lower volumes witnessed. Property developers adopted innovative \u2018push marketing\u2019.\n\nKuala Lumpur and Beyond Kuala Lumpur (Selangor) Office Markets\n\nMNCs from marine an offshore sectors were being enticed to relocate to Kuala Lumpur in view of attractive currency and competitive rental rates.\n\n\nKlang Valley Retail Market\n\n\nConsumers continued to hold back on spending, evident from weaker retail sales data in 1Q 2016 (down 4.4 percent) against 1.3 percent growth in 4Q 2015. Opportunities remained despite overall negativity, particularly in selected and upcoming under-served but well populated areas.\n\n\nPenang\n\n\nThe RM 337 million Bayan Lepas Expressway was opened in early April 2016. The highway, capable of accommodating a traffic volumes of 70,000 vehicles per day is part of the traffic dispersal initiative in the area and is expected to ease traffic congestion between Batu Maung and Sungai Nibong.\n\n\nJohor Bahru\n\n\nIskandar remained attractive to investors, with cumulative investments now standing at RM 202 billion since 2006.\n\n\nKota Kinabalu\n\n\nSabah looks set to benefit from long -term big infrastructure projects, such as the Pan Borneo Highway and Bus Rapid Transport system.\n\n\nThe full \nKnight Frank research report is available for download\n here.\n\n"} {"url": "https://www.dotproperty.com.my/blog/inheritance-tax-causing-stir", "title": "Inheritance tax is causing a stir", "body": "\n\n\n\nThe reintroduction of inheritance tax may not be a successful as anticipated.\u00a0\n\n\nInheritance tax came to a grinding halt in Malaysia 26 years ago. Levied at either five or ten percent for estates valued in excess of MYR 2 million and MYR 4 million respectively. Recently there have suggestions that the tax should be reintroduced. Partly to help decrease the gap between the rich and the poor in the country particularly as Malaysia has one of the biggest disparities between the two social classes in the region. But conflicting views suggest that inheritance tax will have negative effects on the economy.\n\n\nThose against its reintroduction have cited how investments and personal savings will be impacted. People will have to save even more for their children\u2019s future to allow for potential tax implications. This could steer people away from saving which would not bode well for the economy. Banks rely on savings in order to partake in investments as capital is needed in the form of bank loans for businesses to invest.\n\n\nAdditionally many Malaysians already invest overseas. Whether this is in the form of property, shares or savings in an foreign bank. There is expected to be an increase of this in a bid to avoid local inheritance tax. Subsequently the domestic housing market will suffer as property becomes less lucrative asset to pass onto children. And for those who have inherited property they could be forced to sell in order to meet the inheritance tax.\n\n\nDespite these concerns the issue of wealth distribution does need to be addressed. Wong Chen of the People\u2019s Justice Party has suggested that a inheritance tax should not be so clear cut. He said that various factors would need to be considered, such as family houses being exempt and also to give a tax free allowance.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOnly time will tell as to whether inheritance tax will be reintroduced. The topic has been on the cards for sometime but there is an apparent need to look at it in more detail for it to work.\n\n"} {"url": "https://www.dotproperty.com.my/blog/innovative-dot-property-southeast-asia-awards-2020-honors-regions-best-real-estate-supporting-great-cause", "title": "Innovative Dot Property Southeast Asia Awards 2020 honors region\u2019s best real estate while supporting a great cause", "body": "\n\n48 winners were honored at Dot Property Southeast Asia Awards 2020 events in Bangkok (pictured) and Ho Chi Minh City\n\n\nThe Dot Property Southeast Asia Awards 2020 celebrated 48 winners, hosted two events simultaneously and provided one unforgettable experience unlike anything the region has seen. More than 300 guests attended the Dot Property Southeast Asia Awards 2020 Charity Gala at Four Seasons Bangkok while another 100 joined the Dot Property Southeast Asia Awards 2020 Winners\u2019 Dinner at The Reverie Saigon in Ho Chi Minh City.\n\n\nWith travel restrictions preventing everyone from being in a single location, an innovative approach was required for this year\u2019s celebration. Winners from across the region were honored at both events while live broadcasts meant everyone was connected.\n\n\nVideo:\n \nTake a look back at the Dot Property Southeast Asia Awards 2020 in Bangkok\n\n\nIn Bangkok, the Dot Property Southeast Asia Awards 2020 Charity Gala was one of the very first events to be held at the brand new Four Seasons Bangkok. Guests were treated to a firework show over the Chao Phraya River as part of a full slate of activities. The night was extra special for Thai developer SC Asset who took home Developer of the Year 2020.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIn Ho Chi Minh City, a poignant talkshow hosted by Nguyen Ng\u1ecdc Dung, Chief Innovation Officer at VISTI Institute of Science, Technology and Innovation, discussed the impact innovation has had on the real estate sector. The celebration was capped off with the announcement that Sun World Ba Na Hills from Sun Group was voted as Southeast Asia People\u2019s Choice Award for Project of the Year 2020.\n\n\nProceeds from the Dot Property Southeast Asia Awards 2020 Charity Gala went to Habitat for Humanity, the event\u2019s official charity partner. A lucky draw led by Habitat for Humanity Brand Ambassador and former Miss Universe Thailand, Khun Aniporn Chalermburanawong (Natt), brought in a significant influx of donations during the event.\n\n\nFor winners, a victory at the Dot Property Southeast Asia Awards 2020 allowed them to end one of the most challenging years with something to be proud of. Among this year\u2019s winners in the developer categories were Cat Tuong Group (Vietnam), KSK Land (Malaysia) and Paramount Land (Indonesia).\n\n\n\n\n\n\n\n\n\n\nA look at the Dot Property Southeast Asia Awards 2020 Winners\u2019 Dinner in Ho Chi Minh City \n\n\n\n\n1\n of 4\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDeveloper of the Year 2020\n\n\nSC Asset\n\n\nThailand\u2019s SC Asset won Developer of the Year 2020\n\n\nDot Property Southeast Asia Awards 2020 developer winners:\n\n\nBest Leisure Developer \u2013 Sun Group\n\n\nBreakthrough Developer \u2013 Cat Tuong Group\n\n\nBest Developer (Resort Condominiums) \u2013 Sisaran\n\n\nBest Residential Developer \u2013 Hung Thinh Land\n\n\nBest Mixed-Use Developer \u2013 KSK Land\n\n\nBest Township Developer \u2013 Paramount Land\n\n\nBest Lifestyle Developer (Housing) \u2013 Nichada Thani\n\n\nBest Developer (Boutique Resorts) \u2013 Wealth Asset Group\n\n\nBest Boutique Developer (Townhome) \u2013 Premium Place Group\n\n\nBest Sustainable Developer \u2013 Capital House\n\n\nThe project winners at this year\u2019s Dot Property Southeast Asia Awards each stand out in their own unique way. There are developments such as The Estelle Phrom Phong (Thailand) and The Pearl Hoi An (Vietnam) that feature unmatched designs and quality. Meanwhile, Merdeka 118 (Malaysia), winner of Most Iconic Landmark Development, literally stands out due to its height.\n\n\nThe award for Best Luxury Condominium Recreational Design went to THE ESSE Sukhumvit 36\n\n\nPeople\u2019s Choice Award for Project of the Year Southeast Asia\n\n\nSun World Ba Na Hills from Sun Group\n\n\nDot Property Southeast Asia Awards 2020 residential project winners:\n\n\nBest Luxury Condominium \u2013 The Estelle Phrom Phong\n\n\nBest Luxury Villa Development Landscape Design \u2013 Pirom at Vineyard\n\n\nBest Affordable Development (Hi Rise) \u2013 Modiz Sukhumvit 50\n\n\nBest Luxury Villa Development \u2013 Botanica Luxury Villas\n\n\nBest Lifestyle Condominium \u2013 Eco Resort\n\n\nBest Innovative Investment Product \u2013 The Rhine Condominium\n\n\nBest Boutique Condotel (Rental Program) \u2013 The Rhine Condominium\n\n\nBest Lifestyle Condotel/Residences \u2013 Sunshine Beach Condominium\n\n\nBest Condotel Development (Low Rise) \u2013 Wyndham Garden Irin Bangsaray Pattaya\n\n\nBest Landed Development \u2013 Cat Tuong Western Pearl\n\n\nBest Bespoke Villa Development \u2013 Project Terrace Exotica\n\n\nBest Affordable Condominium (Low Rise) \u2013 Andaman Riveria Condominium\n\n\nDot Property Southeast Asia Awards 2020 project design winners:\n\n\nBest Residential Lifestyle Design \u2013 8 Conlay\n\n\nBest Luxury Condo Architecture Design \u2013 The Matrix One\n\n\nBest Luxury Condominium Recreational Design \u2013 THE ESSE Sukhumvit 36\n\n\nBest Villa Development Sustainable Design \u2013 Riverhouse Phuket\n\n\nBest Luxury Villa Development (Architectural Design) \u2013 Anchan Hills\n\n\nBest Condominium Recreational Design \u2013 Diamond Inya Palace\n\n\nDot Property Southeast Asia Awards 2020 mixed-use, hospitality and commercial project winners:\n\n\nMost Iconic Landmark Development \u2013 Merdeka 118\n\n\nBest Beachfront Luxury Hotel & Resort \u2013 The Pearl Hoi An\n\n\nBest Tourism and Resort Development \u2013 Wyndham Lynn Times Thanh Thuy\n\n\nBest Luxury Serviced Apartments \u2013 The Double View Mansions, Bali\n\n\nBest High Rise Development \u2013 Thamrin Nine\n\n\nBest Transit Oriented Development \u2013 The Glenz @ Glenmarie\n\n\nThe Dot Property Southeast Asia Awards 2020 also celebrated real estate agencies, property consultancies, property management companies, contractors and technology. DKRA Vietnam followed up its success at the Dot Property Vietnam Awards 2020 with two more awards. Country Garden was presented with the Special Recognition Award for Property Management Services.\n\n\nDot Property Southeast Asia 2020 Special Recognition Awards:\n\n\nSpecial Recognition Award for Property Management Service \u2013 Country Garden Services\n\n\nBest Innovation and Technology \u2013 Hoozing Proptech Company\n\n\nBest Innovative Contractor \u2013 Smart Construction Group (SGC)\n\n\nSoutheast Asia\u2019s Best Property Consultancy Firms 2020:\n\n\nDKRA Vietnam\n\n\nSoutheast Asia\u2019s Best Real Estate Agencies 2020:\n\n\nDat Xanh Mien Bac\n\n\nDKRA Vietnam\n\n\nRemax Executive Homes Bangkok\n\n\nBridge Estate (Thailand)\n\n\nRahim & Co International\n\n\nCushman & Wakefield Indonesia\n\n\nCBRE Cambodia\n\n\nThe Great Haus\n\n\n\u201cWe want to congratulate all of this year\u2019s winners for their hard work during what has been an extraordinarily challenging year. Their innovative spirit and ability to overcome adversity was an inspiration for us to carry on and find a way to host the Dot Property Southeast Asia Awards 2020 despite the fact we couldn\u2019t all be together in one place,\u201d Adam Sutcliffe, Dot Property Director, Events and International Markets, says. \u201cNext year brings us renewed optimism and we are hopeful the Dot Property Southeast Asia Awards 2021 allows the region\u2019s best to come together once more.\u201d\n\n\nThe Dot Property Southeast Asia Awards 2020 would like to thank Berkeley Group, the official sponsor of this year\u2019s awards; Savills Thailand, the awards consultant for Thailand; Four Seasons Bangkok, the official venue partner in Thailand; and Mercedes Huay Kwang, the Dot Property Southeast Asia Awards 2020 Charity Gala official transportation provider.\n\n\nThe Dot Property Southeast Asia Awards recognize the best in regional real estate by honoring the leading developers, projects and companies that contribute to the sector. More than 400 Dot Property Awards have been presented since the program was launched in 2016 with previous events having been hosted in Bangkok, Ho Chi Minh City and Metro Manila.\n\n"} {"url": "https://www.dotproperty.com.my/blog/innovative-solutions-traditional-approach-new-way-invest-uk-property", "title": "Innovative solutions with a traditional approach, the new way to invest in UK property", "body": "\n\nKnight Wood Assets can assist for investors with buy-to-let, property bonds and alternative property investments\n\n\nUK real estate investment is hardly a new trend. However, many investors in Asia opt for traditional, buy-to-let options. These are lucrative, but not hands-off options. Knight Wood Assets takes an innovative approach to UK real estate investment by empowering clients with a diverse range of hassle-free solutions.\n\n\n\u201cWhilst owning a traditional buy-to-let property is a large part of our business and a great way to make money, it is not for everyone. Being a traditional-style landlord comes with responsibilities, so we focus more on truly hands-off property investments,\u201d James Shepherd, CEO of Knight Wood Assets, says. \u201cThis could be done with one of our assured rental guarantee programs or a property bond where you are loaning money to an experienced property developer for a fixed time period and fixed interest rate, as opposed to physically buying a property.\u201d\n\n\nBut property bonds are just one of several UK real estate investment solutions Knight Wood Assets provides. With a deep knowledge of the UK property market, the firm offers access to investments that may otherwise be unavailable to the individual investor.\n\n\n\u201cAt Knight Wood Assets we pride ourselves in offering clients multiple ways to invest in and take advantage of the buoyant UK property market. Whether trying to achieve income for retirement or capital growth to build up savings we have various options for investors with buy-to-let, property bonds and alternative property investments,\u201d Shepherd explains. \u201cWe are also a market leader in UK Care Home investment provision, this gives normal retail investors access to lucrative care home property investing which previously was only available to large corporations.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDoing business the right way\n\n\nJames Shepherd, CEO of Knight Wood Assets\n\n\nKnight Wood Assets has worked hard to build its reputation, track record and experience over the years. In Asia, the company has hosted events in Hong Kong, Singapore and Malaysia while cultivating an extensive network of agents and clients throughout Southeast Asia.\n\n\nThe international reach of the company is natural given the demand for UK real estate in Asia. However, the vast distances haven\u2019t prevented Knight Wood Assets from taking a more traditional approach to business.\n\n\n\u201cDespite having an international client base, we do not let this stop us from doing the majority of our business face-to-face. It is the best way to do business and the best way to understand what a client is looking for, along with building trust. Getting to travel the world and meet new people is also a rewarding part of the job,\u201d Shepherd details.\n\n\nThis approach to business allowed the firm to grow organically on the back of another very traditional method, word-of-mouth referrals.\n\n\n\u201cWhen clients make money from property investing, naturally they want to tell their friends and family and share the experience with them. We offer our clients a referral fee if they wish to support us in this way so that the relationship is mutually beneficial and a way for clients to further profit from our investment opportunities,\u201d Shepherd notes. \u201cOur successful referral program is something that our clients choose to take advantage of.\u201d\n\n\nWhat would a Knight Wood Assets\u2019 client tell you about the company? It would most likely touch on the fact Knight Wood Assets delivered exactly what they said they would. That\u2019s because, as Shepherd points out, the firm has a 100 percent success record in doing just that.\n\n\nFor more information, please visit:\n \nwww.knightwoodassets.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/interior-design-trends-for-2016", "title": "Interior design trends for 2016", "body": "\n\n\n\nAdvances in technological innovations coupled with creativity create modern interior design trends that are rarely permanent. A trend that was new and inspirational a couple of years ago may not necessarily be a trend now, so it is more important than ever to create a space that is both comfortable and functional with a touch of originality.\n\n\nClassic interior trends have longevity because they embrace the basic form and function needed in a home, whereas some modern interior design trends tend to fade away as they reflect a current mood in society.\n\n\nThere are certain interior design trends that can stand the test of time, but also provide an inspirational cue for the rest of the house. Here, interior design specialists Baytree Interiors, reveal some of the design trends that are set to be big during 2016.\n\n\nColour choices\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe chances are that whatever colour you choose to paint your walls will be there for a long time, so choosing the right colour scheme is an important step for creating the perfect space. With thousands of colours to choose from, it can be daunting for anyone to choose a colour scheme, but our advice is to choose simple colours for the majority of the room and add a touch of bright colour to accentuate key areas, which can changed more frequently to fit your mood, trends and seasons.\n\n\nPastel colours allow you to move away from the clinical look of whites and magnolias while not overpowering a room. However, adding a bright colour to a feature wall creates a focal point that draws attention to a specific area of the room.\n\n\nFurniture\n\n\nClassic country furniture is still in trend this year, and provides the perfect platform to create an eye-catching design. This year will see a wide range of bright and colourful furniture ranges to give a contrasting look to your home.\n\n\nMixing colours is also going to be a big trend this year, as people look to create focal points throughout the home. With a huge range of colourful furniture paints available, upscaling is set to carry on being popular as people look to repurpose instead of buying new.\n\n\nNoir furniture is also making a comeback in the bedroom; these French inspired designs are perfect for adding a touch of luxury to any bedroom.\n\n\nMixing furniture styles has become popular over the past couple of years and is set to continue into 2016. Antique and modern furniture can slot seamlessly into the same room, but for something a bit different try mixing mid-century furniture designs with industrial fixtures and fittings to create a minimalist theme.\n\n\nLighting\n\n\nStrategically-placed lighting is a simple yet effective way to change the ambience in a room with minimal effort. Pendant lights and chandeliers are a great choice when it comes to lighting, as are filament bulbs which provide a warm glow with a vintage look. With a range of different styles available from industrial to vintage and modern variants, pendant lights can suit any theme.\n\n\nWith the advances of LED lighting becoming more creative and cheaper for the mass-market, we will start to see LED lighting throughout the home. Mood lighting is set to become a popular choice as people move away from static standard lights and move to more complex designs.\n\n\nSmart everything\n\n\nSmart TVs have become the norm over the past few years, but technology is advancing at such a rate that just about everything will be smart in some way. There are already smart systems available to control your heating, open your garage door and turn your lights on and off, and as these systems become more affordable we will see them integrated into the home.\n\n\nThis year is already shaping up to be an innovative and creative time for interior design, as designers look to utilise technological advances to create new and imaginative products whilst still retaining some classic design traits.\n\n\nJulian Potter from Baytree Interiors said: \u201cIt\u2019s great to see that even in these technological times classic designs are still the bedrock of modern home interior designs. These classic touches provide a great platform to express yourself throughout your home without compromising on form or function.\n\n\n\u201cBright and vibrant colours are rightly coming back into fashion, slowly banishing the days of magnolia walls into the past. This shows that people are once again looking for something a bit different and want to put their own stamp of individualism on their home.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/international-bangkok-condo-demand-yet-rebound", "title": "International Bangkok condo demand has yet to rebound", "body": "\n\nA map of international and domestic Bangkok condo demand in Q1 2022\n\n\nThe Dot Property Group Bangkok Condo Market Report Q1 is available for download today!\u00a0\nClick here for your copy\n.\n\n\nInternational Bangkok condo demand has yet to recover with units priced under THB3 million being the most affected market segment. Demand remained relatively flat between October 2021 and March 2022, although there was a noticeable decrease in interest year-on-year.\n\n\nDemand from overseas buyers dipped by 1.3 percent between the fourth quarter of 2021 and the first quarter of 2022. However, there was a sharp decline of 22.2 percent when comparing the first quarter of 2021 with the first quarter of this year.\n\n\nThis is not surprising all things considered. The global economic outlook was positive while there was excitement surrounding Thailand\u2019s pending reopening in the first quarter of last year. It was a much different situation 12 months later.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe Kingdom\u2019s reopening was beset by issues, including a partial lockdown and cumbersome entry restrictions. Meanwhile, the global economy is now coping with inflation and geopolitical conflict. Both have had a negative impact on international property buyers, particularly those at the low end of the market.\n\n\nA look at international Bangkok condo demand\n\n\nInternational Bangkok condo demand for units priced at less than THB3 million fell by 44.2 percent in the first quarter of this year when compared to the same period in 2021. However, the high-end market remained relatively unscathed.\n\n\nDemand for units priced at more than THB10 million fell by only 4 percent during this time. That isn\u2019t much of a surprise since buyers in this segment usually have enough cash in hand to make a purchase regardless of global events.\n\n\nAs far as location, nearly 60 percent of international Bangkok condo demand between October 2021 and March 2022 was concentrated on Bangkok core of Sukhumvit, the CBD and central areas. Greater Sukhumvit remains the most popular area while there continues to be growing interest in the Thai capital\u2019s riverside.\n\n\nThe Dot Property Group Bangkok Condo Market Report Q1 is available for download today!\u00a0\nClick here for your copy\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/international-buyers-face-price-hikes-penang", "title": "International buyers face price hikes in Penang", "body": "\n\n\n\nOverseas property buyers eyeing Penang were dealt some bad news after the local government increased the real estate price floor for foreigners. Penang property prices have been on a slow decline in recent times and the move is the government\u2019s latest attempt to halt the slide.\n\n\n\u201cForeign buyers can no longer buy properties below the floor price. The limit for each property on the island (of Penang) is set at MYR 3 million (USD 742,000) for landed property and MYR 1 million (USD 257,550) for stratified unit,\u201d \nState Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo explained to the Malay Mail\n.\n\n\nOn mainland Penang, the new landed property price floor for foreigners is MYR 1 million and above while the stratified unit price floor has been set at MYR 500,000 (USD 123,770). Overseas property buyers investing in Penang prefer residences on the island due to its stronger tourism and historical appeal.\n\n\nThe local government has also enacted a couple of new fees. The first is an approval fee of 1.5 percent that any international buyer will need to pay before the transaction is complete. All real estate buyers, both foreign and domestic, are now subject to a two percent approval fee if they decide to sell a property within the first three years of buying it.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIs it worth buying property in Penang?\n\n\nAs a straight investment play, the Penang real estate market isn\u2019t particularly attractive when compared to other areas around the region. There are positives, however. A total of 7.2 million tourist arrivals stopped by the island in 2017 and Malaysian Auditor-General\u2019s Report named Penang as the best financially managed state in the country, but these have not been able to kickstart the sluggish real estate sector.\n\n\nOn the other hand, Penang makes a lot of sense as a retirement option. International Living named the island as number six on its list of \u2018World\u2019s Best Retirement Havens\u2019 and George Town, Penang\u2019s capital, finished 10\nth\non Live and Invest Overseas\u2019 \u2018The World\u2019s Best Places To Retire\u2019 list.\n\n\nA major factor in these rankings is the Malaysia My Second Home (MM2H) scheme that permits foreign retirees to own property in return for a ten-year visa. The financial requirements of this programme are investor friendly.\n\n\nRetirees aged 50 or above who purchase a Malaysian property either need to open a fixed deposit account in Malaysia of MYR 350,000 (USD 86,640) with a local branch or show proof of monthly off-shore government pension of at least MYR 10,000 (USD 2,475) to qualify.\n\n\nAccording to The Sun Daily\n, 35,381 applications from 127 nations have been approved for the MM2H programme since it began in 2002. The most application approvals came China with Japan, the United Kingdom, Singapore and Taiwan also ranking in the top ten.\n\n\nSearch for Penang real estate on Dot Property Malaysia\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/international-interest-continues", "title": "International interest continues", "body": "\n\n\n\nMalaysia continues to have conditions favourable to foreign investors.\u00a0\n\n\nThe economic growth of Malaysia admittedly is at a steady, rather than booming, pace. However this is not detracting from the country\u2019s potential for foreign investors according to sentiment echoed at the Asean Business Leaders Conclave. Held in Kuala Lumpur recently, over 350 overseas business leaders came together to plan the future of Asia as a business hub. The conclusion from the event was that despite the decline in the ringgit, the long term outlook remains healthy.\n\n\nAnson Chan, chairman and chief executive office for Bonds Group of Companies, a real estate investment fund based in Hong Kong, commented,\u00a0\u201cThe prospects for Malaysia going forward are positive\u201d. Visiting Malaysia to survey the market for areas of opportunity, Chan also earmarked Vietnam and Thailand as two other countries in the region that has drawn his attention.\n\n\nThe notion that Malaysia is a good area for growth was cited by other business people at the event. Stating that during the last global financial crisis when ringgit weakened, this only led to a decrease in the number of expensive items coming into the country and more items being exported.\n\n\nAside from the country\u2019s economic potential, Malaysia is also attracting interest from other countries seeking a better education system. Residents from Saudi Arabia have been coming to the country to benefit from this rapidly improving service and this will have a knock on effect to the rest of the economy as more money is brought into the country.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/international-property-investors-thinking-long-term-markets", "title": "International property investors are thinking long term in some markets", "body": "\n\nMore than AUD9 million worth of units in Mastery by Crown Group have been sold to property investors recently\n\n\nWhile some international property investors are sitting on the sidelines waiting for the current crisis to pass, others are moving forward with buying decisions in order to utilize favorable interest and currency exchange rates. Nowhere is this more evident than the Australian property market.\n\n\n\u201cSavvy investors will always look long-term and will look beyond testing conditions, to seek out reputable developers and good investment opportunities that are well located,\u201d Crown Group COO Sales & Marketing Prisca Edwards stated. \u201cBuyers are enjoying the lowest interest rates in history right now and it looks like there are further cuts ahead.\u201d\n\n\nSee more:\n \nAustralian residential property trends investors need to know\n\n\nThe Australian property market hasn\u2019t been hit by the current situation yet and has proven to be resilient in the past. \nHome prices only dropped by 4 percent during the last Australian recession in 1990\n. And in the years following the Global Financial Crisis, prices fell only once. That was in 2010 and was followed by home price growth of 2.1 and 9.3 percent.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFor international property investors, the favorable currency exchange rates mean they are able to buy for less even if home prices haven\u2019t fallen in Australia.\n\n\n\u201cOur overseas buyers are now seeing opportunities to take advantage of the changing value of the Australian dollar to get a great rate on exchanging currency,\u201d Edwards said. \u201cIt\u2019s as though they are getting a \u2018discounted\u2019 price. Anecdotally we are hearing this from multiple sources \u2013 one Singaporean buyer said it was now 14 percent cheaper for them to buy a property in Australia due to the current exchange rate. They are striking now while the iron is hot because they see an opportunity to make capital gains in the long-term, with a good purchase price now.\u201d\n\n\nGlobal markets may be reeling, however that hasn\u2019t stopped international property investors from scooping up Australian apartments. Crown Group reported strong sales between mid-February and early March with nearly AUD9 million (USD5.1 million) worth of off-the-plan units sold it its Mastery by Crown Group development.\n\n"} {"url": "https://www.dotproperty.com.my/blog/international-property-show-takes-centre-stage-singapore", "title": "The International Property Show takes centre stage in Singapore", "body": "\n\n\n\nSome of the best real estate developers from Indonesia, Thailand, the Philippines, Cyprus and even Malaysia will be showcasing their projects at The International Property Show between today and February 26. The showcase is being held in the event area of the iconic ION Orchard shopping centre where more than 1.1 million people will see these outstanding developments.\n\n\nThe one of a kind event is giving real estate investors from Singapore and Malaysia a chance to check out some of these excellent projects first hand and take advantage of special discounts and promotions only available at the event. From exciting new developments in Iskandar to a chance to buy a unit at the tallest residential seafront tower in Europe and gain EU citizenship in the process, The International Property Show has something for everyone.\n\n\nMalaysian developers dazzle at The International Property Show\n\n\nTwo of Malaysia most trusted developers are participating at the event this weekend. UM Land has brought a pair of stunning developments including Suasana Iskandar Malaysia in Johor Bahru\u2019s business district. Four-star hospitality firm Amari, one of the best known in Southeast Asia, manages this upscale property. The second project on display from UM Land is Shama Medini. Also located in Iskandar, this project will be managed by the famed ONYX Hospitality Group.\n\n\nVisitors will also find UEM Sunrise at The International Property Show. Their booth stands out thanks to an impressive model of their newest project, Estuari Puteri Harbour. The firm prides itself on creating sustainable projects that are loved by home owners, acclaimed by investors and recognised by industry and all three of traits can be found on display at the show.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWant to know more about The International Property Show? Our Singapore blog has an exclusive, two-part guide on all of the developers being featured at the show.\n\n\nPart One\n\n\nPart Two\n\n"} {"url": "https://www.dotproperty.com.my/blog/international-property-show-welcomes-um-land", "title": "The International Property Show welcomes UM Land", "body": "\n\n\n\nShoppers heading to Singapore\u2019s ION Orchard between February 20 and 26 will be able to check out The International Property Show, a unique property showcase with developers from around Southeast Asia. UM Land will be representing Malaysia at the event and real estate investors will have the opportunity to see two of the homebuilder\u2019s newest developments.\n\n\nThe world famous ION Orchard is the perfect venue for the event with more than 1.1 million visitors stopping by each week. The mall, which is also home to the world\u2019s most luxurious brands, will help connect Singapore\u2019s eager international property buyers with UM land\u2019s projects.\n\n\nUM Land set for The International Property Show\n\n\nOne of the best types of real estate investment is the serviced apartment. Everything is taken care of for you by the property manager meaning all you need to do is collect your yields. With this in mind, UM Land will have two serviced apartment projects on display that are sure to appeal to Singapore\u2019s savvy investors.\n\n\nThe first project is Suasana Iskandar Malaysia and can be found in the heart of Johor Bahru\u2019s business district. Four-star hospitality firm Amari, one of the best known in Southeast Asia, manages the upscale property. The second project is Shama Medini. Located in Iskandar, this project will be managed by the famed ONYX Hospitality Group.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFor more information on The International Property Show, visit \nwww.dot-expo.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/introducing-best-real-estate-agencies-property-consultancies-vietnam", "title": "Introducing the best real estate agencies and property consultancies in Vietnam", "body": "\n\nDKRA Vietnam collected Vietnam's Best Real Estate Agencies 2021 and Vietnam's Best Property Consultancy Firms 2021\n\n\nThis article appeared in the most recent issue of Dot Property Magazine. \nClick here to read it\n!\n\n\nThe Dot Property Vietnam Awards 2021 celebrated the leading real estate agencies and property consultancies in the country.\n\n\nVietnam\u2019s Best Real Estate Agencies 2021\n\n\n\n\nDKRA Vietnam\n\n\n\n\nVietnam\u2019s Best Property Consultancy Firms 2021\n\n\n\n\nWeLand Real Estate\n\n\nDKRA Vietnam\n\n\n\n\nWeLand Real Estate\n\n\nDKRA Vietnam is a leading broker agency and property consultant in Vietnam. The company provides a wide range of services, including market research; project development consultancy in hospitality and residential property; sales and marketing; and property management. This is the second consecutive year DKRA Vietnam was honored in both categories.\n\n\nFounded in 2017, WeLand Real Estate has quickly become one of the country\u2019s most respected real estate agencies. It focuses on partnering with developers in key cities through creativity, professionalism and dedication. The firm is also helping bridge the gap between homebuilders and the market by working with decisiveness and speed. \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/introducing-southeast-asias-best-real-estate-agencies-2022-winner", "title": "Introducing Southeast Asia\u2019s best real estate agencies for 2022", "body": "\n\nThe work of real estate agencies in Southeast Asia is vital to healthy markets. These firms ensure everyone can find their ideal home, holiday residence or investment. The Dot Property Southeast Asia Awards once again honored the best and brightest in this field.\n\n\nA total of seven companies were named as Southeast Asia\u2019s Best Real Estate Agencies 2022 with familiar names joining first timers to round off an impressive list of winners.\n\n\nBridge Estate\n\n\nBridge Estate was established in 2019 and its team boasts more than 20 years of experience in the Thai property sector. It utilizes this experience and knowledge to offer a full range of real estate services. The firm takes pride in providing the best living solutions for clients, whether they\u2019re searching for a dream home or need fully managed investment for their properties.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPrime Global Asset Co., Ltd.\n\n\nPrime Global Asset Co., Ltd. is a leader in Phuket, helping clients from around the world find their ideal property in this island paradise.\n\n\nSunway Estates\n\n\nSunway Estates is a professional real estate advisory that was founded in 2010. The agency offers the absolute finest real estate having built a robust portfolio of luxury and ultraluxury real estate. It emphasizes a full-service approach that guides customers through the sales and aftersales process.\n\n\nAsher Property\n\n\nAs a boutique real estate agency, Asher Property is always going the extra mile for those it works with. It strives to create lifetime relationships with its clients and partners built on trust, integrity and reliability. The firm specializes in high-end real estate with a focus on Bangkok.\n\n\nRE/MAX Island Real Estate\n\n\nUsing a results-oriented approach, RE/MAX Island Real Estate excels as a full-service real estate company. It provides comprehensive property services covering everything from sales to villa management and rentals.\n\n\nCENLAND\n\n\nCENLAND is a regular at the Dot Property Vietnam Awards and 2022 saw them step up in a big way. With nearly 2,000 brokers and another 1,000 authorized and connected agents, it is one of Vietnam\u2019s most connected real estate agencies.\n\n\nOne Global Group\n\n\nOne Global Group provides best in class service tailored to its client\u2019s investment needs. The firm is unique in that it helps individuals locate the best property investment opportunities across the globe through a bespoke approach.\n\n"} {"url": "https://www.dotproperty.com.my/blog/invest-new-bali", "title": "Invest in the new Bali \u2013 Samara Lombok", "body": "\n\nThis article was written before the recent Lombok earthquake. Tourism remains a cornerstone of the island\u2019s economy moving forward despite the tragedy. Property investors and holiday home seekers should not remove Lombok from their list of potential destinations because, as we have seen with Phuket, a full recovery is likely. The Jakarta Post has a complete list of organizations accepting donations to help the victims of the Lombok earthquake. \nDonate here\n.\n\n\nMany people still dream of owning a Bali villa despite the staggering number of tourists, crowded beaches and relatively high property prices. A piece of this Indonesian paradise is still too good to pass up. Those who were able to lock down a residence in Seminyak at the turn of the century have benefited greatly.\n\n\nZoe Rice of Elite Havens told the Financial Times there was generally an increase of 20 percent in land values annually from the early 2000s to 2012. This coincided with a foreign buyer boom with 30 percent of all Bali real estate acquisitions being carried out by people from overseas.\n\n\nHome prices in Bali have been stagnant over the past few years, but a booming short-term letting market makes it possible for property owners to take in gross rental yields as high as 10 percent. It should be noted a special licence is required to do this.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhat if there was a place just as beautiful as Bali, far less crowded and with significant room for future growth? There actually is and it is less than an hour flight from Bali. Lombok is one of Southeast Asia\u2019s last remaining hidden gems and it is primed for future growth. Samara Lombok is offering investors a chance to own a slice of paradise.\n\n\nSamara Lombok: idyllic living, impressive investment\n\n\nSamara Lombok promises to bring something different to the island. Designed by an award-winning architect who has worked with W, Four Seasons and Grand Hyatt, the Samara Lombok villa designs will be sympathetic to the local landscape and influenced by the nature of Lombok.\n\n\nAdditionally, Samara Lombok is more than just a real estate development, it aims to become a bespoke community of likeminded people. Off the grid, yet equipped with all amenities required for, the contemporary villas are inspired by traditional designs, and are complemented by a range of dynamic land and sea activities as well as dining options.\n\n\nThe project consists of three distinct areas: Samara Bay, Samara Beach and Samara Hills. Samara Bay features a hotel; Samara Beach is home to a range of studio units and a beach club; and Samara Hills is a stunning villa estate where owners will be able to access to the full range of facilities throughout the trio of communities.\n\n\nHighly-respected developer Rascal Republic is behind Samara Lombok. The firm is predicting strong capital appreciation on the land and villas at Samara Hills. This growth looks to be sustainable long term as Lombok develops into a world-class destination with proper infrastructure. Another benefit of an investment into Samara Hills is the robust legal structure in place that provides investors with an 85-year leasehold agreement.\n\n\nIt is important to act quickly to secure your space at Samara Hills. Only a limited number of plots remain as part of the development\u2019s first phase. These will be taken up soon.\n\n\nFor more information, please visit:\u00a0\nwww.samaralombok.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/invest-uk-property-markets-recession-proof-segment-experience-invest", "title": "Invest in the UK property market\u2019s recession-proof segment with Experience Invest", "body": "\n\nAura in Liverpool is one of the student housing projects in the Experience Invest portfolio \n\n\nInvestors based in Southeast Asia have traditionally shown a strong interest in the British property market. In many cases, the interest stems from the UK\u2019s higher education system with many either having attended university in Great Britain or opting to have their children study there.\n\n\n\u201cUnderstanding this market trend, and the cost of accommodation for students, has enabled Southeast Asian investors to achieve rental returns through investing in student housing. This segment is widely considered as the UK\u2019s best performing asset class,\u201d Jerald Solis, Business Development and Acquisitions Director, explains.\n\n\nExperience Invest has a proven track record of success and has consistently provided clients with innovative opportunities. For example, it was one of the first property consultancies to offer individual investors the ability to enter the lucrative student property sector in 2011.\n\n\nAccording to research from Knight Frank, the level of investment in the UK\u2019s student property sector surpassed GBP4 billion in each of the past two years. In fact, the consultancy points out that the entire student housing sector in the UK could be worth up to GBP50 billion to the UK economy by the end of this year.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe booming sector has drawn the attention of some of the world\u2019s largest institutional investors. GIC, Singapore\u2019s sovereign wealth fund; the Canada Pension Plan Investment Board; PGGM, a Dutch pension fund; and Gingko Tree Investment, a Chinese state-owned fund, are just a few of the players scooping up UK student housing.\n\n\n\u201cIt is no surprise that the student sector has attracted the attention of heavyweights. Individual investors have every reason to be confident in the student market and as its popularity grows, this asset class will move from a niche option to a mainstream addition to property portfolios,\u201d Solis says.\n\n\nHe adds, \u201cThe UK\u2019s purpose-built student property market offers investors encouraging prospects, largely because of the imbalance between supply and demand. Student numbers are increasing across the UK, with the latest UCAS data reflecting a record number of 18-year olds applying for a place at university in 2018. As a result, higher education providers across the country are unable to meet the growing demand for student property.\u201d\n\n\nAura in Liverpool is just one of the exciting student housing projects in the Experience Invest portfolio. Investors will be able to enjoy passive rental income from a fully managed property in the high-demand UK student housing segment.\n\n\nBuyers who wish to secure a passive rental income from a fully managed property within this sector will be interested in learning more about Aura.\n\n\n\u201cGenerating an assured 8 percent NET for five years, en-suite and studio rooms are available within Aura, a student-centric development. Aura is the closest new-build development to the prestigious University of Liverpool and will provide much-needed accommodation for the city\u2019s student population,\u201d Solis states. \u201cTo underpin rental returns in the coming years, Aura will feature a selection of student-friendly, communal facilities to enhance the student experience.\u201d\n\n\nA recession-proof investment at an opportunistic time\n\n\nThe student market is seen by many as one of the safest options for property investors in the UK. That is due in part to the segment\u2019s proven resilience in times of economic uncertainty. Mentioned previously, demand is far greater than supply and could even grow in the short term.\n\n\nSolis points out that the dip in the value of sterling has made studying in the UK more affordable to overseas students. The vast majority of international students studying in the UK currently come from Middle East and Southeast Asia. Meanwhile, EU student numbers have not dropped since the referendum in 2016. Even a potential decline in the aftermath of Brexit from this demographic will have little to no impact on the market.\n\n\nBut this is only one piece of the puzzle. Many Southeast Asian buyers are now taking advantage of the favourable exchange rates on offer. In Thailand, a strong Thai baht coupled with a weak pound has created attractive opportunities that weren\u2019t available in the past. Of course, it is important to act swiftly.\n\n\n\u201cIn context with wider economic trends, there is a current perception amongst overseas buyers that now is the time to purchase to benefit from the UK\u2019s property market, before the sterling regains its full strength,\u201d Solis notes. \u201cAt Experience Invest, we believe when the dust settles after the UK leaves the EU, and some of the new trade negotiations are in place, the pound will recover back to the pre-Brexit level.\u201d\n\n\nExperience Invest is a full-service property partner\n\n\nExperience Invest has 15 years of experience in connecting property investors with market-leading products that have been designed to deliver assured rental returns from a fully-managed property investment. Buyers can be confident that they are entering a safe buying environment, with full transparency throughout the purchase process.\n\n\nActing as the exclusive agent on all products it offers, Experience Invest has forged close relationships with developers and the managing agents to ensure that clients receive their assured rental assurance. Investors not only enjoy best-in-class service, but they\u2019ll also be able to choose from a diverse portfolio of projects and property types.\n\n\n\u201cAs a specialist property consultancy, Experience Invest provides clients with detailed information on the product and current market conditions to allow them to make an informed investment decision,\u201d Solis says. \u201cAs each opportunity is off-plan, Experience Invest\u2019s dedicated Aftersales Team provides investors with construction updates throughout the build phase.\u201d\n\n\nAt the end of the day, property investors from Southeast Asia who are looking towards the UK should leverage the expertise and local knowledge of a consultancy like Experience Invest. Doing so can unlock new approaches to UK real estate investment that are both lucrative and hassle-free.\n\n"} {"url": "https://www.dotproperty.com.my/blog/invest-unique-heritage-thonglor", "title": "Invest in the unique heritage of Thonglor", "body": "\n\nA very special opportunity to invest in the unique heritage of Thonglor is currently available. \nClick here to learn more\n or keep reading to find out how HYDE Heritage has capture the spirit of this amazing Bangkok neighborhood. \n\n\nThe unique heritage of Thonglor is what makes it one of Bangkok\u2019s most well-known neighborhoods. The happening restaurants, endless entertainment and unmatched energy make it popular with people from all walks of life. It is also among the most desirable addresses in the city.\n\n\nHowever, finding a residence that lives up to the prestige and heritage Thonglor offers is not always easy. In order to build a condominium that could truly meet the needs of modern lifestyles, a partnership between Japanese-based developer Sumitomo Forestry, Grande Asset Hotels and Property and Property Perfect was formed.\n\n\nTogether, the trio aimed to create an impeccably designed residential development in Thonglor that would offer the perfect balance between glamorous contemporary living and comfortable functionality.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe result was \nHYDE Heritage\n, a condominium adding to the unique heritage of Thonglor. This starts with exceptional detail and craftsmanship found throughout the development. The beautiful exterior extends up, creating a landmark amidst the backdrop of Thonglor.\n\n\nResidences have been designed to embrace a practical, yet refined aesthetic. Open living spaces complete with lavish kitchens have been paired with expansive floor-to-ceiling windows that let in natural light to create a bright, beautiful ambience.\n\n\nA glimpse inside HYDE Heritage\n\n\nElsewhere in HYDE Heritage, a far-reaching range of amenities has been spread across eight storeys. The breadth of facilities is among the most comprehensive offerings in all of Thonglor and ensures residents can effortlessly pursue their passions.\n\n\nAn exceptional living experience is provided by on-demand services from HYATT Regency Bangkok Sukhumvit. The five-star comfort and personalized support offered here aren\u2019t widely available in Thonglor and add an extra touch of exclusivity.\n\n\nDon\u2019t simply invest in property. Invest in your future and invest in the unique heritage of Thonglor with HYDE Heritage. A very special opportunity to own a residence in this ultra-luxury Sukhumvit condominium is currently available. \nClick here to learn more\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/investment-future-wyndham-garden-irin-bangsaray-pattaya", "title": "An investment in the future: Wyndham Garden Irin Bangsaray Pattaya", "body": "\n\nThe uncertainty surrounding Thailand at the moment is causing some real estate investors to pause their purchasing decisions. This is understandable given the situation. However, it is important to not forget about Thailand\u2019s resiliency.\n\n\nWhether it was the SARS outbreak, the 2004 tsunami, the 2011 floods or the 2014 coup d\u2019\u00e9tat, Thailand has seen its share of adversity. And, more importantly, the country has overcome all these challenges with tourist arrivals quickly reaching or surpassing previous levels.\n\n\nThis is something real estate investors can take solace in. Purchasing an off-plan condotel unit today will still provide returns once things start getting back to normal. And with interest rates being slashed and the US dollar stronger against the Thai baht than at the start of the year, it has become a buyers\u2019 market once again.\n\n\nThe award-winning Wyndham Garden Irin Bangsaray Pattaya\n\n\nOf course, choosing the right project matters in times like this. Wyndham Garden Irin Bangsaray Pattaya remains a strong future investment since it is in a desirable location and backed by a strong hotel brand. Let\u2019s start with the former.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBang Saray Beach is one of the best on Thailand\u2019s Eastern Seaboard. It has become a popular place among both domestic and international tourists, which is important since this creates more demand for rooms throughout the year.\n\n\nIf you are unfamiliar with Bang Saray Beach, it is cleaner and less crowded than those beaches found in and around Pattaya. Wyndham Garden Irin Bangsaray Pattaya is close to the beach while the property\u2019s rooftop amenities make it the perfect place to watch sunsets over the Gulf of Thailand.\n\n\nMoving on to the importance of the brand, more recognizable hotel brands historically attract more guests and have higher room rates. People from around the world already know Wyndham Garden and that means they will be comfortable with the quality and service offered at Wyndham Garden Irin Bangsaray Pattaya.\n\n\nWynhdam Garden Irin Bangsaray Pattaya won two honors at the Dot Property Southeast Asia Awards 2019\n\n\nHowever, Wyndham Garden Irin Bangsaray Pattaya has a lot more to it than a good location and popular brand name. \nThe project won Best Condotel Eastern Seaboard and Best Interior Design Eastern Seaboard at the Dot Property Thailand Awards 2019\n. Meanwhile, at the Dot Property Southeast Asia Awards 2019, \nit was honored with the awards for Best Condotel Development and Best Condotel Interior Design\n.\n\n\nThe design of each unit at Wyndham Garden Irin Bangsaray Pattaya from Irin Property features a modern luxury style catering to the unique needs of travelers. Units come equipped with a Jacuzzi bathtub ensuring a peaceful space as well as a balcony.\n\n\nSpecial offer\n\n\nAnyone who purchases a unit at Wyndham Garden Irin Bangsaray Pattaya is guaranteed a return of six percent per year during the first five years the property is open. There is also a buyback option in place if you decide to sell the unit after 30 years.\n\n\nThose who purchase a unit will also be entered into a lucky draw to win a Mercedes Benz valued at THB2.47 million (USD75,300). For every 30 units sold, one car will be given away.\n\n\nFinally, several limited time only discounts are available for units in Wyndham Garden Irin Bangsaray Pattaya. \nYou can visit their website\n for more details on these special offers or get in touch with them at:\n\n\nTel.\n 061 974 1965\n\n\nTel.\n 033 641 505\n\n\nLine ID:\n Irinproperty\n\n"} {"url": "https://www.dotproperty.com.my/blog/investment-remains-robust", "title": "Investment remains robust", "body": "\n\n\n\nAccording to new research by real estate firm JLL, total direct real estate investment is expected to have reached US$ 689 billion during 2015, with expansion predicted for 2016.\n\n\nInstitutional investors continue to allocate significant capital to real estate, and they are broadening their investment to include segments such as student housing, healthcare and the private rented residential sector in markets outside the U.S.\n\n\nAs business and political leaders convene to discuss global issues at the World Economic Forum annual meeting in Davos, Switzerland, it is clear that real estate has established itself as a key driver of economic growth in both established and emerging cities across the globe. The top 30 cities accounted for nearly half (48.5 percent) of total global real estate investment in 2015.\n\n\nAccording to Colin Dyer, Chief Executive Officer of JLL: \u201cAs we mark the sixth straight year of robust commercial real estate investments, we are optimistic the market is still on track to average US$ 1 trillion per year by the early 2020s.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe \u2018Big 6\u2019 cities of New York, London, Tokyo, Paris, Hong Kong and Singapore will continue to lead in terms of transactional activity, and we anticipate more cities will become more investible and challenge the \u2018Big 6.\u2019\u201d\n\n\nThe research from JLL identifies additional trends regarding city investment.\n\n\nInvestor demand for prime assets in the world\u2019s most globalized metropolitan economies reached new heights in 2015, with New York overtaking London in investment levels. Those two cities accounted for a record 13.2 percent of global activity in 2015.\n\n\nThe \u2018Big 6\u2019 combined were relatively steady at 21 percent of total investment activity.\n\n\nU.S. cities accounted for half of the Top 30 cities in 2015. Seattle, San Diego and Miami registered sharp growth in investment activity and re-entered the Top 30. Honolulu appeared for the first time boosted by a few major retail deals.\n\n\nGlobal commercial real estate investment in 2015 was 3 percent below 2014 levels (US$ 700 billion) and 9 percent below the all-time high in 2007 (US$ 758 billion).\n\n\nDirect commercial real estate investment into emerging markets (excluding China) fell by one-third, from over 8 percent of the global total in 2014 to 5.5 percent in 2015. Factors included China\u2019s equity market correction, lower commodity prices and the potential negative impact of higher U.S. interest rates on emerging market currencies. Shanghai and Beijing, however, had a stronger 2015 and remain the only emerging world cities among the Top 30.\n\n\nThere is particularly strong investor interest in \u2018New World Cities\u2019 which are small to medium-sized, have a favourable infrastructure and liveability platform and have achieved global reach through specialisation. Examples include San Francisco, Seattle, Munich, Miami and Barcelona. A core set of 32 \u2018New World Cities\u2019 now account for nearly 20 percent of global real estate investment compared to about 10 percent in 2006.\n\n\nEconomic and real estate rebounds in Europe prompted Madrid\u2019s presence in the Top 30 for the first time since 2009, while Milan sat just outside the Top 30 in the 31st position.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/investors-buying-phuket-villas-2020-th", "title": "Where were investors buying Phuket villas in 2020?", "body": "\n\nThose buying Phuket villas last year focused on Cherng Talay with Knight Frank Thailand reporting that 57 residences were sold here in 2020. There were 38 villas sold in Kamala, best known for the famed Millionaire\u2019s Mile, while another 34 transactions occurred in Bang Tao.\n\n\nThe rise in popularity of Cherng Talay is not surprising as this area has seen significant development over the past decade. \nImprovements started when Boat Avenue opened in 2012 and has carried on with the launch Porto de Phuket from Central Group, Thailand\u2019s largest retail player\n, in 2019.\n\n\nInvestors buying Phuket villas in Cherng Talay have a number of options to choose from. However, \nShambhala Grand Villa just might be the area\u2019s most notable developments\n. The pool villa project caters towards those who want an eye-catching property with solid investment returns, a combination Knight Frank Thailand believes is important.\n\n\n\u201cAlthough Phuket is a small island, it has been able to generate considerable revenue for Thailand. Villas in Phuket not only serve as holiday homes, but they are also investments with good returns for buyers, as the prices of villas in Phuket have continuously risen,\u201d \nKhun Nattha Kahapana, Deputy Managing Director and Head of Knight Frank Phuket, explained\n. \u201cIn addition, villas are able to generate rental income for buyers when they themselves are not in residence.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMore investors buying Phuket villas in Kamala and Bang Tao\n\n\nIt is not surprising that people were buying Phuket villas in Kamala and Bang Tao last year as these have been two of the island\u2019s most popular destinations for quite some time.\n\n\nVilla developments in Kamala tend to focus on high-end buyers with limited land and stunning ocean views making it a playground for the wealthy. An example of this is Avadina Hills by Anantara, a collection of 11 pool villas overlooking Layan Beach. The recently launched branded residences are adjacent to the 5-star Anantara Layan Phuket Resort and promise investors unmatched exclusivity.\n\n\nRelated:\n \nExplore Southeast Asia\u2019s most exclusive branded residences\n\n\nBang Tao\n has a more diverse range of villas available in terms of both pricing and size. \nAnchan Hills\n is perhaps the most popular villa development in this part of Phuket at the moment.\n\n\nThe residences feature natural materials, quality fittings and Balinese-style architecture that creates a striking appearance that embraces the island\u2019s tropical charm. These design features allow Anchan Hills to capture the Phuket holiday lifestyle experience.\n\n\nRead more: \nPhuket\u2019s best residential investment is Anchan Hills\n\n\nMore activity expected in 2021\n\n\nThere may have been a decrease in the number of people buying Phuket villas last year, but Knight Frank Thailand expects activity to ramp up in 2021 after travel restrictions are lifted. In particular, buyers from China are said to be eager to invest.\n\n\n\u201cThere will be more buyers than before the COVID-19 outbreak; we are seeing many signs that Chinese buyers would like to purchase property in Thailand and Phuket as second residences rather than as investments as they did in the past,\u201d Khun Nattha said. \u201cChinese people are of the view that, should there be a spread of an infectious disease such as COVID-19, Thailand, including Phuket, would be a safe, liveable place, with good public health systems and measures against the spread of infection diseases.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/investors-look-to-uganda", "title": "Investors look to Uganda", "body": "\n\n\n\nUgandan Prime Minister Ruhakana Rugunda has announced the groundbreaking of Jakana Heights in the Ugandan capital Kampala \u2013 a project that has been attracting interest from investors from around the world.\n\n\nThe complex is set to offer outstanding accommodation alongside predicted high investor returns, with values predicted to rise by as much as 35 percent on today\u2019s prices before completion at end of 2017, according to the developer.\n\n\nThe Rt. Hon. Mr Rugunda recently celebrated the groundbreaking for an ambitious and prestigious new apartment development in Buziga, the first of its type for the area which will provide a new lifestyle concept for the Ugandan capital of Kampala.\n\n\nMarking the launch of the development, the Prime Minister recognised the importance of such a development to Kampala\u2019s economic growth and future business success.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe development is a first for Buziga where this type of luxury accommodation has not been available before. The 76 apartments, including five penthouses and 71 one-, two- and three-bedroom homes, take advantage of one of the highest points in Kampala and boast spectacular views across Lake Victoria.\n\n\nJakana Heights affords a landscaped garden setting, extensive leisure facilities including a pool, gym and exclusive clubhouse. Offering a new lifestyle concept, the complex will also provide occupants with high-quality business and event facilities alongside on-site shopping for residents.\n\n\nThe design work was commissioned for the international development company ProAfco Developments Ltd by a Ugandan architectural team who envisioned building a complex to meet family life and business life needs all within the one site. The complex combines this lifestyle ambition with quality leisure and social facilities.\n\n\nExplaining the vision behind the development, Clive Kefford, CEO of ProAfco said: \u201cThe project was specifically designed for the growing Kampala business community and their families, as well those living outside Uganda wishing to have a home from home on regular visits or for their future retirement.\n\n\n\u201cOur research showed a high demand for a new approach to home and business life which was not being catered for in Kampala.\n\n\n\u201cAt the heart of making this a possibility was finding the perfect location, one that offered easy access to the city while benefitting from beautiful surroundings and open living. Jakana Heights provided the perfect spot and the inspiration for our development\u201d.\n\n\nThe property provides commanding views, landscaped gardens and easy access to the centre of Kampala. The land was originally owned by Dan Jakana who partnered with ProAfco to develop the site.\n\n\nThe complex\u2019s name has a double meaning, taking Dan\u2019s family name creating a memorable legacy for his mother and also the name of the well-known local bird representing the freedom and natural beauty that has inspired the design and ambition of the development.\n\n\nThe style of the complex has taken elements of African and modern aesthetics as its guiding design principles. Every attention has been paid to detail to provide a comfortable home but with a sophisticated design.\n\n\nNearly 20 percent of the apartments have already been reserved off plan, including one of the exclusive penthouses. Expert predictions rate the home\u2019s value well above the current average market, with an expectation that the apartments\u2019 value will rise by at least 35 percent by the time the property is completed at the end of 2017.\n\n\nExperts who have valued the development expected yields to range up to 15 percent on the current prices.\n\n\nStarting prices for a condo apartment are from US$125,000.\n\n\nwww.propertyfrontiers.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/investors-need-know-two-davao-condominium-developments", "title": "Investors need to know these two Davao condominium developments", "body": "\n\nDavao City Hall\n\n\nThe Davao property market is one investors are bullish on. And for good reason. Research from Prime Philippines found that the Davao City residential condominium market has an occupancy rate of 83 percent with this being higher in central areas of the city.\n\n\nMeanwhile, property prices continue to move upward. In Davao, home prices rose from PHP60,000-80,000 to PHP100,000 per square meter between 2017 and 2018, according to Prime Philippines. For investors, this combination of strong occupancy rates and rising property prices provides an intriguing opportunity.\n\n\nBut with JLL estimating that some 21,300 condo units are slated to be completed between now and 2022, it is important to find a condominium project from a respected developer that stands out. Today, we\u2019re going to look at two Davao condominium developments from Filinvest that meet these criteria.\n\n\nTwo Davao condominium developments investors need to know\n\n\nOf all the Davao condominium developments on the market, Centro Spatial and 8 Spatial are among a select few that offer high-quality property at an affordable price. Both are being developed under the Futura by Filinvest brand that is known to provide value-for-money homes built under the firm\u2019s signature \u201cBuhos Tibay\u201d quality seal.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCentro Spatial\n\n\nLet\u2019s start with \nCentro Spatial\n. The condominium is located in a strategic area that allows residents to enjoy a place where they can breathe, unwind, and relax while still being close to the action. Davao City Hall, San Pedro Cathedral, Rizal Park and multiple shopping centers are all less than one-kilometer away.\n\n\nCentro Spatial consists of five 8-storey buildings that sit on 1.7 hectares of prime space. Studio and two-bedroom units are available with prices starting at PHP1.85 million which, considering the project\u2019s central location, provides ample room for capital appreciation in the years to come.\n\n\nThe second development we are looking at is 8 Spatial. This community will feature eight mid-rise buildings covering a sprawling 3.\n\n\n8 Spatial\n\n\n4-hectare property that provides low-density living. What\u2019s more, the development will have open spaces and refreshing landscapes to provide an extra level of serenity.\n\n\nFrom a location standpoint, \n8 Spatial\n\u00a0benefits from being close to a number of schools and universities. University of Mindanao, Philippine Women\u2019s College, Davao Doctors College and St. John Paul II College are just a few of the nearby educational institutions.\n\n\nWith a number of Davao condominium developments in the pipeline, investors need to be confident in their decision. Centro Spatial and 8 Spatial offer great locations, in-demand amenities and unmatched quality that offers significant investment potential.\n\n"} {"url": "https://www.dotproperty.com.my/blog/is-it-too-late-to-protect-penangs-heritage", "title": "Is it too late to protect Penang\u2019s heritage?", "body": "\n\n\n\nSome argue not enough is being done to safeguard Penang\u2019s heritage.\u00a0\n\n\nPenang\u2019s heritage real estate\n is a hot topic once again. Being bought by foreigners who see the appeal in this style of property and will also reap the benefits of capital appreciation due to there only being a limited supply. But the question lingering at the moment is, who will own Penang in the future?\n\n\nDevelopment in any corner of the world often comes with its concerns. Some are not willing to accept change, whereas others worry that history will be quickly wiped away. As overseas investors make their mark on this pretty part of Malaysia, the locals are being pushed out due to increased prices and rents. According to recent figures approximately 250 buildings are not owned my Malaysians any longer. This is in contrary to lower figures released by the government.\n\n\nThe charm of Penang is the history of the pre-war tenements. These Chinese shop houses are often home for one family, one generation after another. Investors are snapping up these properties as real estate agents put pressure on owners to sell up. The vibrancy of the area becomes jeopardised.\n\n\nIn response to complaints the government has insisted that it will stop this trend. There have been talks of increasing the minimum price to MYR 2 million, however many buildings are achieving well in excess of this. Other mumurs include restricting ownership strata titles. But many argue that this is too little too late as many who made this\u00a0this strip of Malaysia what it is, have already moved out.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nShould the government step in there could make valiant attempts of restoring the buildings to their former glory. This would also be to the benefit of the local residents. Development and protecting heritage can go hand in hand and many investors are insisting that they are aiming to retain the appeal of the area. Without it their investment isn\u2019t as valuable. But for\u00a0some, uncertainties loom overhead as they feel that investors are just concerned with the bottom line: how much money they can make. Similar stories are occurring across cities across the world. But with so little heritage in existence, it is particularly important to protect Penang.\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/its-magic-paying-the-right-price", "title": "It\u2019s magic! Paying the right price", "body": "\n\n\n\nA question that is almost always asked is whether the asking price for your chosen property is actually the right price?\n\n\nIt\u2019s a fact that, for one reason or another, there are lots of properties on the market that are overpriced.\n\n\nNick Wooldridge of British-based Stacks Property Search said: \u201cOver valuing occurs for several reasons. Real estate agents can find themselves in a tricky position, trying to win an instruction when competing in some kind of beauty parade. Over valuing may be the only way they can take the instruction. Alternatively, they may be pressurised by the vendor to put the property on the market at a higher price than they would otherwise recommend.\n\n\n\u201cPutting a market value on houses is an objective exercise \u2013 three agents will rarely come up with the same value on a property, and the more unusual the property, the greater the discrepancy is likely to be.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSo how, as a buyer, do you establish the \u2018correct\u2019 price for a property?\n\n\nWooldridge said; \u201cThe asking price is rarely the right buying price.\n\n\n\u201cOur advice is to view the asking price as a guide price on which to base your calculations. There are several factors to take into consideration, but if you do your research and use the equation below to make sure you don\u2019t overlook crucial elements, you will come up with a figure that is a sound basis from which to negotiate.\u201d\n\n\nStacks\u2019 magic formula is this:\n\n\nB = A \u2013 M \u2013 V \u2013 Bf + CI + R\n\n\nWhere:\n\nB = Buying price\n\nA = Asking price\n\nM = Market discount (Local market conditions and recent comparables)\n\nV = Vendor desperation (How badly the vendor needs to sell)\n\nBf = Buyer flexibility and attractiveness (How flexible you are in terms of timing, cash buyer, etc.)\n\nCI = Competitive interest (How many other buyers are interested)\n\nR = Rarity (How often a property like this one comes onto the market)\n\n\n\u201cAs equations go it\u2019s not entirely scientific, and it\u2019s not straightforward putting a value on \u2018buyer attractiveness\u2019 or \u2018vendor desperation\u2019, but you can come up with educated estimates.\n\n\n\u201cFor instance, if you are a cash buyer who is happy to fit in with the vendor\u2019s desire for, say, a long completion date, then you could look at deducting somewhere between 2 percent and 3 percent. And if the vendors are going their separate ways and anxious to move on, then another 5% discount could be on the table.\n\n\n\u201cRemember, once you\u2019ve made an offer, there\u2019s only one direction the price is going to go, and that\u2019s up. So don\u2019t start too high.\n\n\n\u201cA useful exercise is to ask the estate agents how they arrived at the price \u2013 was it based on some science (if so, what), or just what the vendor thought it should be?\n\n\n\u201cHowever punchy your offer, it pays to be a likeable buyer. Nobody likes an aggressive purchaser and some vendors will refuse to deal with you any further if you push too hard \u2013 remember this is someone\u2019s home and not just a commodity. And always negotiate through the agent, not directly with the vendor.\n\n\n\u201cDon\u2019t be pressured by the agent, and don\u2019t always believe that there\u2019s another buyer who has just happened to come out of the woodwork. But be careful, sometimes there really is, so don\u2019t try and be too clever. It\u2019s a calculated risk how far to push negotiations, so don\u2019t back yourself into a corner and allow a third party to nip in whilst you are procrastinating.\u201c\n\n\nIn the end, the price agreed has to be one that both buyer and seller can live with, and which will encourage all parties to co-operate towards a successful exchange and completion.\n\n"} {"url": "https://www.dotproperty.com.my/blog/japanese-ski-properties-must-asias-lifestyle-real-estate-investors", "title": "Japanese ski properties are a must own for Asia\u2019s lifestyle real estate investors", "body": "\n\nThis article on\u00a0Japanese ski properties appears in the latest issue of Dot Property Magazine. \nClick here to download the special double issue\n.\n\n\nAmerica has Aspen and Vail. Europe has the Alps. All are lovely places, but not exactly convenient destinations for skiers in Asia. That fact led to the rise of Hokkaido as the region\u2019s snowy retreat during the winter months. First there was Niseko, but now Kiroro has emerged as a prime location for Japanese ski properties.\n\n\nLocated on the north slopes of Mount Yoichi, Kiroro has become popular due to the fact it\u2019s closer to both Sapporo and New Chitose International Airport than Niseko. Meanwhile, the skiing is just as good while a new property development is allowing real estate investors to own a home in this winter wonderland.\n\n\nYu Kiroro from Thai developer Property Perfect has been tailored to the needs of the modern lifestyle real estate investor. Even with the COVID-19 pandemic cooling real estate demand in some areas, the investment potential of Hokkaido combined with the unique opportunity presented by Yu Kiroro has seen interest in the development remain steady.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nJapanese ski properties primed for long-term success\n\n\nDemand for residences in Yu Kiroro remained steady during the COVID-19 pandemic\n\n\nDemand for Japanese ski properties comes from skiers and lifestyle real estate investors based in Asia. Buyers come from Hong Kong, Thailand, Taiwan and Singapore, all locations with direct flights available to Hokkaido\u2019s New Chitose International Airport.\n\n\n\u201cDespite Covid-19, the demand is still there. However, there has been a slight slowdown in 2020 due to travel restriction. But we believe demand will come back after buyers can start to travel. We still received enquiries constantly during the Covid-19 pandemic,\u201d Saranyu Adhyanasakul, Property Perfect Director of International Business Development, explains.\n\n\nThe creation of travel bubbles could help things get back to normal in the coming months. Japan has already began exploring travel bubble tourism opportunities with Thailand and Vietnam among other countries. Assuming everything goes according to plan, Hokkaido\u2019s resorts will have skiers on the slopes this year.\n\n\nLooking at the long-term picture, Japanese ski properties boast many positive features that will appeal to real estate investors.\n\n\n\u201cDemand in Japanese real estate still remains high, particularly for ski properties. The supply of these is relatively low compared to the increasing of demand from buyers in Asia. Also, there are not many premium alpine destination property in Asia,\u201d Saranyu notes. \u201cIn term of return value, Japanese ski properties seem to provide the most attractive return in terms of capital gain and rental yields as well as holiday usage. Meanwhile, the supply in big cities like Tokyo is relatively large, while premium alpine destinations have much lower supply.\u201d\n\n\nOf course, there is much more to owning Japanese ski properties than the returns. For Asia\u2019s lifestyle real estate investors, it is a chance to own something they love within a reasonable distance of their home.\n\n\n\u201cIt is more than just an investment in terms of dollars for these buyers. Rather, it is an investment in terms of lifestyle that they pursue. Kiroro is much more than an investment opportunity; the Yu Kiroro residences offers buyers a luxury home in the heart of one of the world\u2019s most remarkable alpine destinations,\u201d Saranyu says. \u201cOwners and their guests will enjoy an exceptional year-round destination with far less crowds, the world\u2019s best ski powder and a more luxurious experience than other Asian alpine resorts.\u201d\n\n\nIt is fairly common for those living in New York or Los Angeles to own a ski property in Vail or Aspen. The five- or six-hour flight means it\u2019s possible to spend weekends or extended holidays there. Kiroro offers the same lifestyle and convenience for investors in Asia.\n\n\n\u201cOverall, we believe home ownership in Hokkaido is very appealing because it offers the best option for people who love Japan as a destination for living and vacationing in and who travel here often,\u201d Saranyu states. \u201cIt makes sense for them to have second or vacation home for their future trips.\u201d\n\n\nYu Kiroro redefines the ski lifestyle\n\n\nSki-in ski-out access and onset baths are important features at Japanese ski properties\n\n\nFor lifestyle real estate investors, Yu Kiroro ticks all the boxes. Not only is it part of the modern Kiroro resort on the mountain, but the development is equipped with ski-in ski-out access, the single most important feature for Japanese ski properties.\n\n\n\u201cSki-in ski-out access is a premium feature, which is highly convenient and allows for the highest possible rental and upside gain,\u201d Saranyu reports. \u201cIn addition to this, the expansion plan of the town or resort must be well-planned with continuous and substantial growth to forecast on future supply and demand. Yu Kiroro has considered both of these carefully.\u201d\n\n\nIn fact, every last detail at Yu Kiroro has been carefully curated to ensure residents have the best possible experience. Leading design firm ILYA was entrusted with the design of the project. The company is known for melding Japanese craftsmanship with international experience and its hard work can be found throughout the development.\n\n\nAdditionally, the development lends itself to two, new travel trends that have emerged in Asia: the \u201cnew normal\u201d and family travel.\n\n\n\u201cWe see the trend where people are now looking for destinations that offer amenities and facilities for privacy, space, openness, wellness experiences, etc, which Kiroro is perfectly set up for,\u201d Saranyu states.\u00a0\u201cWe also see the trend of people wanting to spend time with old friends and family due to pent up demand generated by cancelled or postponed trips.\u00a0Kiroro lends very well to that segment too, including from an investment perspective.\u201d\n\n\nSnow may be the star of Yu Kiroro, but unit owners have a wealth of services and amenities at their fingertips as well. This is something that separates it from other Japanese ski properties and ensures a residence at Yu Kiroro is a must own for Asia\u2019s lifestyle real estate investors.\n\n\nThere is an indoor and outdoor onsen with waters from a local hot springs source within the resort. A family room and kids space allow parents to hit the slopes while the little ones enjoy fun activities. The Yu Kiroro Owner\u2019s Club provides an exclusive retreat where owners can relax, socialize and enjoy a warm beverage.\n\n\nAnd while winter will always be the main attraction, Kiroro is a year-round destination. The area offers five-star recreation activities that are readily available in the spring, summer and fall months. This is similar to how many leading ski resorts in Switzerland and Austria operate and will add value to investors both in terms of returns and lifestyle.\n\n\nProject facts\n\n\n1-, 2- and 3-bedroom residences are available at Yu Kiroro\n\n\nYu Kiroro was completed last year and is part of the impressive Kiroro Resort. There are 104 units with 1-, 2- and 3-bedroom residences as well as a penthouse available. Each unit is fully furnished, and owners are provided with a wide range of premium services. Properties are sold on a freehold basis.\n\n\nThe Kiroro Resort was named as one of the top three Best Ski Resorts at the 7th annual World Ski Awards in 2019. The resort\u2019s centrepiece is Gateway, Hokkaido\u2019s first premium ski club and center with ski-in and ski-out access to shops, restaurants and a kids center.\n\n"} {"url": "https://www.dotproperty.com.my/blog/jewel-in-the-gold-coasts-crown", "title": "\u2018Jewel\u2019 in the Gold Coast\u2019s crown", "body": "\n\n\n\nWanda Ridong Group and Brookfield Multiplex has joined forces to develop an award-winning development\n\n\nThe landscape at Surfers Paradise on the Gold Coast of Australia is set to change with the iconic \u2018Jewel\u2019 project, a joint venture between Chinese real estate firm Wanda Ridong Group and Australian developer Brookfield Multiplex. The first of its kind to be built in 30 years, this luxury mixed-use scheme consists of residential, retail, restaurants and a five-star hotel.\n\n\nBuilt to resemble three smoky quartz crystals from the Gold Coast\u2019s Mount Warning, the Jewel spans 130-metres across prime beach front, adding to its impressive geometric design. Last month the team from Wanda travelled to the Gold Coast to seal the AUD$ 1 billion project that houses 512 residential units alongside a luxury 169 suite five-star hotel.\n\n\n\u201cJewel will be the finest residential and hotel development ever seen in Australia, with levels of luxury never previously experienced here,\u201d said Chen Guocai, Vice President at Wanda\u2019s commercial properties.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nA claim that is reinforced by the Jewel\u2019s recent success in the Asia Property Awards. Part of the world renowned International Property Awards, the Jewel competed against hundreds of other entrants to be awarded the Best Mixed-Use Architecture, and was also highly commended in the Mixed-Use Development category.\n\n\nThe Jewel\u2019s victory will see it competing against other entrants for the \u2018World\u2019s Best\u2019 at the International Property Awards in London.\n\n\nThe residential units in the first release of this critically acclaimed development have already nearly sold out.\n\n\nLucas Wilson, Marketing and Sales manager at Jewel, said: \u201cInternational recognition such as this will only add to the attention from buyers around the world.\u201d\n\n\nAs interest for the next phase mounts, the hype of excitement at the Jewel is expected to continue.\n\n"} {"url": "https://www.dotproperty.com.my/blog/johor-benefit-new-rapid-transit-system", "title": "Johor to benefit from new Rapid Transit System", "body": "\n\n\n\nTravel between Malaysia & Singapore to be sped up thanks to new Rapid Transit System.\u00a0\n\n\nRecent news has stated that a bilateral agreement is expected to be inked for a Rapid Transit System to link Malaysia and Singapore. This new rail network will connect Malaysia\u2019s Bukit Chagar in Johor and Woodlands North station on Singapore\u2019s Thomson-East Coast rail network.\n\n\nThe opening of this new infrastructure will improve travel for many who travel between the two countries. To travel across the Causeway at present poses numerous delays and the traffic is heavily congested and commuters often come to a complete standstill. The new Rapid Transit System will help ease this bottleneck and could well advantage investors and developers as Johor becomes even more accessible for those travelling from Singapore.\n\n\nIt is anticipated for increased interest to be generated in this property market as the values in Johor are lower than Singapore and this new rail network will create an efficient commuter channel. Despite a timeline not being set for when this New Rapid Transit System will be completed, investors are still being advised to do their research before investing.\n\n\nThis news could be a boast for Johor\u2019s property market. Investors should closely watch progression as it unfolds and carry out the necessary checks on any property that may interest them. Notably the credentials of the developer, the Malaysian property ownership laws and the quality of the project.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/johor-home-to-some-of-the-best-education", "title": "Johor home to some of the best education", "body": "\n\n\n\nJohor\u2019s increased education offerings means less students are crossing to Singapore.\u00a0\n\n\nAs a parent we inevitably want what is best for our children. Whether that is healthcare, food or education. Parents naturally strive to give their children the best opportunities in life in order to pave their future. This is exactly why many Malaysians cross the Johor Strait by car, taxi, MRT or bus on a daily basis for their children to attend school on the island-state.\n\n\nHowever this daily commute across the border could all be about to change. The state of Johor has noted the demand for high quality education for its residents. Subsequently a string of schools are offering international or private education programmes to meet the varying needs of parents. Less Malaysians are now travelling to Singapore for their education which has also been spurred on by the weaker ringgit increasing costs.\n\n\nDatuk Ayub Rahmat, state health, environment, education and information committee chairman, commented,\u00a0\u201cWe have a total of 16 international schools offering primary and secondary education throughout the state, most of which are located in the Iskandar Malaysia region\u201d.\n\n\nWith a different syllabuses on offer from primary right through to tertiary, Johor provides an ideal base for families. Well known names such as\u00a0University of Reading Malaysia, Newcastle University Medicine Malaysia, Netherlands Maritime Institute of Technology, Raffles University Iskandar and University of Southampton Malaysia Campus can all be found in Johor. Offering a\u00a0wide range of education subjects to choose from that include communication, medicine and information technology.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIf you are looking for a family home in Johor to take advantage of the state\u2019s high quality education then have a look at Dot Property\u2019s comprehensive listings found \nonline here.\n\n"} {"url": "https://www.dotproperty.com.my/blog/join-bangkok-international-veterans-soccer-7s", "title": "Join the Bangkok International Veterans Soccer 7\u2019s", "body": "\n\n\n\nWant to play some football in Bangkok? The Bangkok International Veterans Soccer 7\u2019s returns on 3-4 June with teams from Australia, China, Japan, Malaysia, the Philippines, Thailand and Vietnam already signed up to compete at this year\u2019s event. The tournament will feature three competition categories, over 35, 45 and 55 years old, and has become one of the region\u2019s most popular social and sporting events. Best of all, you can still be a part of it.\n\n\nLast year\u2019s Bangkok International Veterans Soccer 7\u2019s saw teams from Australia and Thailand compete in the finals of each age category. This year\u2019s tournament will see at least 24 squads competing, translating to more than 300 players, friends and family members in attendance. The event is being held at the Playmaker Fields in Bangkok\u2019s Lat Phrao neighbourhood.\n\n\nSocialising is an important aspect of the Bangkok International Veterans Soccer 7\u2019s and festivities begin at The Sportsmans Bar in Bangkok\u2019s popular Nana district. The opening event for the tournament takes place on the Friday night before the games and allows teams to mingle and get to know one another before the weekend competition.\n\n\nThere will be masseuses available at the grounds during both days to soothe away any knocks, while Chang will supply refreshments on Sunday afternoon for the finals. All players also receive a tournament shirt and there will be a photographer capturing the glories and own goals. These photos will be shared online after the games have been played.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe history behind the Bangkok International Veterans Soccer 7\u2019s\n\n\nThe tournament first began in the early 2000s and was originally organised by the British Chamber of Commerce of Thailand (BCCT) with a number of EPL legends such as Ian Rush, John Barnes and Lee Sharpe even taking part. The BCCT stepped aside in 2015 and a group of new organisers resurrected the event to ensure amateur teams from Asia could play in a football tournament boasting a friendly and social atmosphere.\n\n\nThe Bangkok tournament is just the start of the football fun this year. The Australia International Veterans Soccer 7\u2019s will be held at the Gold Coast on 14-15 October where many of same teams will meet again. The team registration fee for either the Bangkok or Gold Coast tournaments is USD 600. Teams interested in entering the Bangkok International Veterans Soccer 7\u2019s should act quickly to ensure their spot.\n\n\nThere are also sponsorship opportunities available for both events. For more information on entering a team or sponsoring the event, contact Glen Martin at \n[email\u00a0protected]\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/join-smart-investor-free-enjoy-exclusive-benefits-dot-property", "title": "Join Smart Investor for FREE and enjoy exclusive benefits from Dot Property", "body": "\n\n\n\nDoes investing in Southeast Asian real estate interest you? These potential packed markets are ideal if you\u2019re seeking a property with high rental yields and steady capital appreciation. A home in Southeast Asia can also be an ideal holiday or retirement home. And in some cases, a property can be both.\n\n\nHowever, it is important to be informed before making a real estate decision, especially in Southeast Asia where rules, regulations and performance can vary from country to country. This is why Dot Property, Southeast Asia\u2019s fastest growing property portal network, has launched its \nSmart Investor membership club\n.\n\n\nThe club is FREE to join and comes with a wide range of benefits not found anywhere else. These include exclusive offers and discounts from developers along with private invitations to VIP property events and seminars we host throughout the year.\n\n\nAs a member of Smart Investor, you will also have exclusive access to the most up-to-date market information direct from Dot Property\u2019s Big Data Centre. These insights contain everything you need to know about investment opportunities, rental yields and hot locations in Southeast Asia. Best of all, you will be sent this information before anyone else.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMembers of Smart Investor receive: \n\n\n\n\nVIP invitations to Dot Property events and seminars\n\n\nEarly access to market information direct from Dot Property\u2019s Big Data Centre\n\n\nMonthly e-newsletter with the latest real estate news\n\n\nSpecial discounts from Dot Property\u2019s partners\n\n\nNotification of upcoming Dot Property events\n\n\nDigital subscription to Dot Property Magazine\n\n\nAnd much, much more\n\n\n\n\nWith this membership, you will be empowered with everything you need to make a wise investment decision. If you\u2019re interested in Southeast Asia real estate, you need to be a Smart Investor.\n\n\nSign up for Smart Investor today!\n\n"} {"url": "https://www.dotproperty.com.my/blog/joys-italian-real-estate", "title": "The joys of Italian real estate", "body": "\n\nThe following excerpt appears in the September/October issue of Dot Property Magazine\n\n\nEver want to own a castle? Well, Italy is one of the very few places it is actually possible. This isn\u2019t to say that you will find these medieval dwellings on every street corner with a for sale sign posted on it, but once in a while a castle hits the market and can be purchased like any other house.\n\n\n\u201cBuying a castle is the same, from a bureaucratic point of view, as buying any other property,\u201d Carolyn Delli Santi, a bilingual real estate broker at Rome-based Nexu Real Estate, states. \u201cSince a castle is a historical building, any type of renovation and restoration would most likely be severely regulated and will need approval of the Architectural and Cultural Heritage Department (Sovrintendenza dei Beni Architettonici e Culturali).\u201d\n\n\nA quick search of the Nexu Real Estate website turns up some historic and magnificent Italian real estate. The lovely Villa la Rondinaia, situated along with pristine Amalfi Coast due south of Mount Vesuvius, has hosted a who\u2019s who of guests including Greta Garbo, Humphrey Bogart, Mick Jagger, Jacqueline Kennedy and Bill and Hillary Clinton. American author Gore Vidal once owned this castle-like estate that has been carved into a cliff face overlooking the Bay of Salerno.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOther properties available include a 12th century medieval tower located in the Tuscan town of San Gimignano that has been completely renovated to suit modern lifestyles. There is also the La Tenuta estate in Viterbo that Delli Santi notes has been a vacation home of European royalty and Hollywood stars like Julia Roberts and Sarah Jessica Parker. Owned by the same family for more than 300 years, the property features an 18th century villa, farmhouse, private chapel, swimming pool and olive groves.\n\n\nAbout Nexu Real Estate\n\n\nNexu Real Estate is an international, luxury real estate agency specialising in\u00a0Italian real estate. Carolyn Delli Santi is a Certified International Property Specialist with the National Association of Realtors and is trained to assist foreign buyers in complex international transactions.\n\n\nFor more information, please visit: \nwww.nexurealestate.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/keep-home-safe-holidays-christmas-lighting-tips", "title": "Keep your home safe during the holidays with these Christmas lighting tips", "body": "\n\nIf your Christmas lights are old, it may be worth upgrading to an LED set which are safer and more energy efficient\n\n\nIt\u2019s the holiday season which means many of you will be putting up decorations. The most important item for just about everyone is the Christmas tree which isn\u2019t complete without festive lights. With that in mind, we\u2019ve put together some Christmas lighting tips to ensure your home stays safe.\n\n\nThe good news is that faulty lights won\u2019t burn down most modern homes or condominium buildings. Several layers of protection are in place to stop that from happening. However, unsafe lighting can still cause damage such as melting outlets, blowing a fuse or leaving burn marks on your walls and floors.\n\n\nKeep these Christmas lighting tips in mind when you are decorating the tree this year. And if you are one of those people who couldn\u2019t resist and already put up your lights, it doesn\u2019t hurt to run through these to make sure your home is safe.\n\n\n4 Christmas lighting tips\n\n\nReplace the old lights\n\n\nJust because your Christmas lights still work doesn\u2019t mean it\u2019s a good idea to keep using them. Older lights, especially glass ones, can break and cause damage. Not to mention they are more expensive to operate. Think about upgrading to LED Christmas lights which are more durable and use less electricity.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCheck the cords\n\n\nSanta makes a list and checks it twice. You, on the other hand, should check your cords twice. Look for cracks or frayed ends that can cause sparks or other malfunctions.\n\n\nTemperature test\n\n\nLet\u2019s be real, most Christmas light strings aren\u2019t exactly the best made products in the world. One of the most common problems with them is overheating. And it\u2019s not just the lights themselves. The wires and plugs can become too hot and cause damage. Be sure to regularly check the temperature of everything just to make sure there is no overheating.\n\n\nDon\u2019t let ornaments touch the lights\n\n\nOf our Christmas lighting tips, this is the easiest one to follow. If your lights touch ornaments on your tree, it could damage them both as well as the tree itself. Spacing will prevent this while also making your tree look nicer in the process.\n\n"} {"url": "https://www.dotproperty.com.my/blog/keys-to-success-for-retailers", "title": "Keys to success for retailers", "body": "\n\n\n\nWhile the trend of physical retailers going online has become the norm, there is a growing trend of once online-only retailers setting up storefronts to snag a larger share of lucrative brick-and-mortar sales, according to observations from real estate firm JLL.\n\n\nNaveen Jaggi, President Retail Brokerage and Capital Markets, JLL Americas, said: \u201cThese days, seamless online and offline integration is required for any retailer to survive. It is what consumers are demanding. Whether it is an online retailer building out a physical store, or a legacy brick-and-mortar retailer increasing its online platform, aligning online and in-store is crucial to a retailer\u2019s success.\u201d\n\n\nThe shift from e-commerce to physical space is happening worldwide. Major online U.S. retailers such as eyewear specialists Warby Parker, fashion retailer Bonobos, and U.K. bedding retailer The White Company are building and leasing retail storefronts to supplement online product sales.\n\n\nOn the other hand, legacy retailers such as Staples, Kohls, Nordstrom, and Macys are advancing their online presence to create a seamless shopping experience. Both Nordstrom and Macys, for example, have a no-questions-asked returns policy. Regardless of whether shoppers buy an item, they can return it to any store and get instant store or exchange credit.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cThese legacy retailers are making the entire relationship between online and brick and mortar unified and actually quite pleasurable \u2013 as opposed to the online return process where you have to return an item via UPS or another carrier, which can seem daunting to the consumer,\u201d Jaggi added.\n\n\nIndeed, few retailers can afford not to trade online, said James Brown, Head of Retail Research and Consulting at JLL EMEA.\n\n\nHe said: \u201cBeing online alone is not the solution with a high cost of targeting customers online, high distribution costs, stock control challenges and thin to negligible margins. So in the same way as physical retailers are trying to build up an online presence, the move from pure play retailers to take physical space, to build brand and to provide an additional distribution channel, is the next obvious step.\u201d\n\n\n\u201cProof is emerging that opening select physical stores for these retailers helps drive both sales in store, but also further supports the promotion and growth of their online business,\u201d he added.\n\n\nIn Thailand citing one Southeast Asia example, most of the major physical retailers such as Central, The Mall Group, Tesco-Lotus, Big C and Makro have built their online platform. The trend of online retailers opening physical shops is growing among SME retailers that started online and are now using storefronts to boost sales and brand exposure.\n\n\nOnline to offline or offline to online \u2013 retailers need to break down the barriers between the two to create the shopping experience that consumers increasingly expect.\n\n\nAs Brown added: \u201cThis is the future of seamless onmi-channel retailing \u2013 and we are starting to see that the right combination of product, seamless distribution and customer service, really does work in driving incremental sales.\n\n"} {"url": "https://www.dotproperty.com.my/blog/kl-6-4-price-rise-reported", "title": "KL: 6.4% price rise reported", "body": "\n\n\n\nA massive seventy-four percentage points now separate the world\u2019s strongest and weakest-performing mainstream city housing markets, according to the latest research from real estate firm Knight Frank,\n\n\nKuala Lumpur, ranked 54th of the 150 surveyed cities, saw a 6.4 percent year-on-year annual change in prices, but perhaps more astonishingly is that fact that post Lehman in Q3 of 2008, the city has outperformed with mainstream average housing prices almost doubling at 92.4 percent, according to the real estate firm.\n\n\nThe Global Residential Cities Index, which is based on official house price data published by either National Statistic Offices or Central Banks, for 150 cities across the world, increased by 4.5 percent in the year to March 2016.\n\n\nSome 74 percent of the cities tracked by the Index saw house prices rise in the year to March 2016. The gap between the strongest and weakest performing housing market has expanded from 55 percentage\n\npoints last quarter to 74.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe widening gap can, to a large extent, be attributed to the phenomenal rate of growth recorded in the Chinese city of Shenzhen. This rapidly-expanding technology hub, located less than 11 miles of Hong Kong, saw annual price growth jump from 48 percent last quarter to 63 percent in the year to March 2016.\n\n\nChinese cities now account for four of the top five performing cities but new measures introduced in March in some Tier 1 cities such as Shenzhen and Shanghai are likely to lead to more muted growth during the remainder of 2016, according to Knight Frank.\n\n\nThe data under analysis covers the period to Q1 2016 but looking to the future, all eyes will now be on the UK\u2019s decision to leave the EU and the impact it has on property markets, not just in the UK but globally.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/kl-market-remains-muted", "title": "KL market remains muted", "body": "\n\n\n\nThe Greater Kuala Lumper region saw its lowest loan approval rate for more than 20 years, \u2013 at slightly over 40 percent \u2013 as reported by Bank Negara Malaysia during the second quarter of the year.\n\n\nAccording to real estate firm JLL in its latest research report, the residential market in the region remained weak during the quarter, supported by several property developers reporting low earnings as a result of poor local property sentiment.\n\n\nThree luxury projects; St Regis (208 units), Banyan Tree Signature (441 units) and Le Nouvel Serviced Residences (197 units) were completed during the three-month period. According to JLL, total supply is expected to increase by 236 percent year-on-year (YoY) to 7,422 units.\n\n\nThe average capital values of prime residential space in Greater Kuala Lumpur decreased slightly by just 1.5 percent to RM 860 per sq ft as owners competed to sell their units at moderately lower prices due to concerns of an oversupply, noted JLL.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRental demand, particularly in the centre of the city, remained muted according to JLL, due to recent staff retrenchment in the oil, gas and financial sectors. The average net effective rent of prime residential space in Kuala Lumpur declined by 2.9 percent from RM 2.73 per sq ft per month during Q1 to RM 2.65 per sq ft per month during the second quarter of the year.\n\n\nCommenting on the news, Alva Horgan, Managing Director of Emerging and Frontier Markets for \nDot Property Group\n, noted the worst thing for any developer or agent to do at this time would be to reign in their marketing budget.\n\n\nShe said: \u201cMarketing spend during any downtown is factually proven to go much further and is worth far more. Those who maintain their spending will be in a far more healthy position now, and also when the market starts to turn as we\u2019re already seeing in some parts of the Klang Valley.\u201d\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/ksk-land-wants-define-future-luxury-branded-residences-southeast-asia", "title": "KSK Land wants to define the future of luxury branded residences in Southeast Asia", "body": "\n\nKelly Hoppen and Yoo are working on the interiors of 8 Conlay while Kempinski will manage the luxury branded residences\n\n\nLuxury branded residences are big business in Southeast Asia. From Bangkok to Manila, they are everywhere these days. But Malaysia developer KSK Land isn\u2019t content in simply following the trend. The lifestyle homebuilder believes it can define the future of luxury branded residences in both \nMalaysia\n\u00a0and the entire country with its newest launch at 8 Conlay.\n\n\nThe branded residences component of Tower B at 8 Conlay is also known as YOO8. Six-star hotelier Kempinski has been tabbed to manage the project which will feature interiors designed by Kelly Hoppen in conjunction with prestigious design house YOO. The developer is confident the project will help serve the local market\u2019s increasingly sophisticated demand for branded residences.\n\n\nSee more:\n \nA look at the work of YOO in Southeast Asia\n\n\n\u201cOur branded residences are a level above five-star luxury,\u201d Managing Director of KSK Land, Joanne Kua, explained. \u201cFor YOO8 serviced by Kempinski, we have worked closely and collaboratively with our design partners YOO to disrupt traditional property development in an age of high customer expectation and the on-demand economy.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBacked by respected brands and creating a one-of-a-kind lifestyle for residents in \nKuala Lumpur\n, KSK Land is confident YOO8 will come to define the future of luxury branded residences throughout the region. So, what makes the project so special?\n\n\nA look at Yoo8\n\n\nLet\u2019s start with the interiors that have been designed to reflect Kelly Hoppen\u2019s two exclusive concepts, Spring and Urban. Hoppen, who has been featured on BBC Two and Channel Five in the UK, utilises a design style that features clean lines, neutral tones and a tactile opulence.\n\n\nResidences with the Spring motif feature harmonious design concepts inspired by a luxurious country hideaway. Meanwhile, Urban concept suites appeal to cosmopolitan types who want a feeling of understated glamour. The 498 serviced residences in YOO8 Tower B will span across 56 floors and offer some spectacular views.\n\n\nThe newest addition to YOO8 will join Tower A, which was designed by the Hong Kong-based design collective Steve Leung and YOO. KSK Land recorded brisk sales at its first tower with 75 percent of the 564 units being booked. The retail complex within Tower A is expected to be completed in mid-2020 with the residences likely to be finished a few months after that. Finally, Tower B should be ready in 2021.\n\n\n\u201c8 Conlay is an authentic and financially viable project dedicated to the highest standards of design excellence and the finest traditions of European hospitality in the end-to-end delivery of our customer experience,\u201d Kua added. \u201cThis unique project serves as a trailblazer for the positive outlook and appetite for luxury branded residences in Malaysia.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/last-call-time-running-secure-deals-thailands-largest-property-sales-event", "title": "Last Call: Time is running out to secure deals at Thailand\u2019s largest property sales event", "body": "\n\nScan to QR Code to enter the Dot Property Mega Sale\n\n\nThe Dot Property Mega Sale has entered its final stretch meaning there is only limited time remaining to secure the exclusive deals only available here. The in-person showcase at Mega Bangna shopping complex in Bangkok wraps up on July 20 while the online sale concludes shortly after that. \nClick here to enter the Dot Property Mega Sale\n!\n\n\nSome of the country\u2019s leading developers and agents are offering exclusive promotions and discounts. These are once-a-year deals only available at the Dot Property Mega Sale. Most importantly, you\u2019ll need to act before it ends.\n\n\nWant to know what can be expected from Thailand\u2019s largest property sale? \nYou can check out our video guide to the Dot Property Mega Sale\n.\n\n\nWe have compiled a few of the amazing promotions on offer at the Dot Property Mega Sale which \nyou can read about here\n. Just another friendly reminder, those deals are only available between now and the end of the event. And once they\u2019re gone, you will have to wait until next year.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe choices you have at the Dot Property Mega Sale are simply staggering. There is Serenity Residence Jomtien, \none of Pattaya\u2019s most spacious condominiums\n. Meanwhile, \nReal Asset is one of several Bangkok developers take part\n. You can even \ninvest in London Zone 1-2 real estate\n or learn more about \nobtaining a Golden Visa through property investment in Portugal\n. And that is simply a start.\n\n\nNo matter what you are in the market for, chances are you\u2019ll find it at the Dot Property Mega Sale. Stop wasting time and start searching your dream home. \nClick here to enter the sale\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/latest-issue-dot-property-magazine-now", "title": "Latest issue of Dot Property Magazine is out now", "body": "\n\n\n\nThe newest issue of Dot Property Magazine is now available in Malaysia. From Vietnam to Thailand and all the way to Berlin, you\u2019ll find all you need to know about property in this issue.\n\n\nHua Hin\u2019s beautiful Emerald Scenery is on the cover and it has become one of Thailand\u2019s most talked about projects. Also in this issue, read about what\u2019s going on in Ho Chi Minh City\u2019s market, see how to photograph your home like a pro and catch up on the latest news throughout the region.\n\n\nAlso, expats in Kuala Lumpur and other parts of the country can learn more about how to purchase a home in Malaysia and Airbnb\u2019s efforts in the country.\n\n\nCheck out the latest issue here: \nDot Property Magazine January/February \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/latest-issue-dot-property-magazine-now-2", "title": "Latest issue of Dot Property Magazine out now!", "body": "\n\n\n\nThe new issue of Dot Property Magazine has been released and in it you\u2019ll find a wealth of news and information on all things related to Southeast Asia\u2019s real estate scene.\n\n\nOn the cover of Dot Property Magazine is The Ridge, a collection of 10 stylish pool villas on the island of Koh Samui. Each villa is wonderfully furnished, fabulously decorated and well equipped to make your Koh Samui holidays memorable. \nClick here to read more about it\n.\n\n\nAlso in this issue, we explore if the time is right to invest in Boracay property with the island open to tourists once again. There are some great opportunities in this resort destination and with new regulations in place, the future looks brighter than it did earlier this year.\n\n\nKeep reading\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHave you ever wanted to see inside some of Asia\u2019s most luxurious penthouses? Well, you can now explore them for yourself without needing to leave the couch. You won\u2019t want to miss this special feature.\n\n\nKeep reading\n\n\nAnd this is only a small sample of what you will find in the new issue of Dot Property Magazine. From the winners of the \nDot Property Southeast Asia Awards 2018\n\u00a0to a look at \nhow politics are impacting the Malaysia property market\n, no magazine covers the region quite like Dot Property Magazine.\n\n\nDownload\u00a0Dot Property Magazine Now\n\n\nDot Property Magazine, Asia\u2019s premier real estate magazine, is out now. You can read it online by\u00a0\nclicking\u00a0\nhere\n\u00a0or pick up a copy at outlets around the region including Suvarnabhumi Airport. If you prefer to read it on the go, download the FREE Dot Property Magazine app. You can find it in the\u00a0\nApple Store\n\u00a0and\u00a0\nGoogle Play\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/launches-continue-in-johor", "title": "Launches continue in Johor", "body": "\n\n\n\nThe uncertainties caused by negative external news and the concern of a possible oversupply of residential units in Johor Bahru has caused the high-rise sector to continue to cool, according to real estate firm Knight Frank in its latest market report on the area.\n\n\nIt reported there has been a significant reduction in the number of new property launches, especially for the high-rise residential sector however some of the notable residential launches are listed below.\n\n\nIn the second half of 2015 Sunway Iskandar pre-launched 222 units of Emerald Residence (pictured) in Zone F of Medini, Nusajaya. The project comprises linked houses with built-up areas ranging from 1,919 sq ft to 2,439 sq ft, selling from RM 888,000 per unit, superlink houses with built-up areas ranging from 2,681 sq ft to 3,166 sq ft, selling from RM1.3 million per unit and semi-detached houses with built-up areas ranging from 3,927 sq ft to 4,290 sq ft and selling from RM 2.3 million per unit.\n\n\nShama Medini, a buy-to-lease serviced apartments on a 5.03-acre integrated development, UMCity Medini Lakeside in Medini by UMLand, will offer 196 units of fully-furnished apartments. It will be managed and operated by Thailand-based hospitality assets management company ONYX Hospitality Group. Units are available in four layouts ranging from 583 sq ft to 1,192 sq ft, with average selling prices at RM 1,300 per sq ft. UMLand also targets to launch Citadines, a serviced apartment managed by ONYX Hospitality Group within the mixed development UMCity at Medini Lakeside by early 2016.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRamada Encore Meridin, is a two-block of buy-to-lease serviced apartments with a total of 622 units within the mixed-use development of The Meridin at Medini, Nusajaya. The developer, Mah Sing Group, has signed a franchise agreement with Wyndham Hotel Asia-Pacific to procure the Ramada Brand System for these serviced apartments, and it will be operated by Topotels Sdn Bhd. The hotel suites featuring studio, one- and two-bedroom units ranging from 318 sq ft to 885 sq ft are targeted to be operational by 2018.\n\n\nIJM Land Bhd\u2019s has launched its new township project, Austin Duta. The 250-acre project will be developed in 12 phases. The first phase, offering 183 units of double-storey terraced houses with dimension of 24ft by 70ft and a typical built-up area of 2,150 sq ft, has achieved a take-up rate of 60 percent. Selling pricex start from RM 650,000 per unit\n\n\nARC @ Austin Hills, a high-rise apartment project jointly developed by Andaman Group and Majlis Bandaraya Johor Bahru is located on a 5.11-acre plot in Mount Austin. The project features three blocks comprising a total of 1,843 units. The first two blocks have achieved circa 50 percent sales since its launch in mid-2015, whilst the third block is scheduled for launch this month. The ARC @ Austin Hills offers two- and three-bedroom units with sizes ranging from 650 sq ft to 900 sq ft, priced at RM 420 per sq ft on average.\n\n\nUEM Sunrise launched Phase 1 of Estuari in Puteri Harbour, Nusajaya in early August 2015. Phase 1 of the project consists of 350 units of double-storey superlink houses with built-up areas ranging from 2,708 sq ft to 3,780 sq ft. Prices start from RM 1.39 million per unit.\n\n\nBCB Berhad has also launched Elysia Park Residences. The project, on 7.82 acres of leasehold land in Medini, features a 4.8-acre Mahkota Park. Phase 1, with three blocks, offers 355 units in eight configurations sized from 516 sq ft to 1,252 sq ft. Prices range from RM 480,000 to RM 1.1 million.\n\n\nEco Tropics sits on a 303.5-hectare site located at Kota Masai, Pasir Gudang. It is being developed by EcoWorld and has an estimated GDV of RM 3.4 billion. Phase 1 offers 558 units of double-storey terraced houses with a typical built-up area of about 1,700 sq ft, selling from RM 460,000 per unit and 500 units of double-storey cluster houses with built-ups of 2,200 sq ft to 2,700 sq ft, priced from RM 620,000.\n\n\nA joint venture company between Kuok Group, Khazanah Nasional Berhad and PPB Group Berhad has launched the Southern Marina Residences located in Puteri Harbour, Nusajaya. The two condominium tower blocks comprise 456 units, offering 1+1, 2+1, 3+1 and penthouse units with built-up areas ranging from 769 sq ft to 3,317 sq ft. Selling prices start from RM 880 per sq ft\n\n\nOUTLOOK\n\n\nKnight Frank said that without any exciting news in the 2016 budget, cooling measures and tighter lending conditions are expected to continue to cool the property market, especially for the high-rise residential units.\n\n\nThe general focus of interest in Iskandar Malaysia will be the progress of the High Speed Rail (HSR) and the Rail Transit System (RTS) as these infrastructure projects are expected to enhance the property marketx around designated stations.\n\n\nCurrently developers are cautious about property launches, especially for the high-rise residential units in view of the slow absorption rates. The region will take time to digest the existing and incoming high-rise residential supply.\n\n\nFor 2016, the general outlook for the property market in Iskandar Malaysia remains lukewarm especially the high-rise residential sector. Landed properties are still favoured by the locals although it is expected that in the coming years it will be challenging as more developers are turning into landed developments with new and exciting concepts.\n\n"} {"url": "https://www.dotproperty.com.my/blog/lazudi-raises-2m-swedish-vc-firm-proptech-farm", "title": "Lazudi raises $2m from Swedish VC firm PropTech Farm", "body": "\n\nFrom left to right: PropTech Farm CEO & Co-founder Fredrik Bergman; PropTech Farm\nCOO & Co-founder Linus Bj\u00f6rk; and Lazudi Founders Costa Savva, Neil Sutton and Ben Neve \n\n\nSwedish venture capital firm PropTech Farm poured USD2 million in Lazudi, Thailand\u2019s first cloud-based property agency. The investment will allow the company to further its mission of simplifying the home buying and selling process in the Kingdom through the adoption of digital innovation.\n\n\n\u201cThe past few years have helped accelerate consumers acceptance of digital resources to make better, more informed decisions for purchasing property. Virtual tours, 360-degree immersive walkthroughs and digital agreements are all now playing a regular part of the \u2018New Normal\u2019\u00a0 buying process,\u201d Costa Savva, Co-Founder & Managing Director of Lazudi, said. \u201cIn much more developed markets, consumers are already completing the full process online and we plan to implement similar technologies here in Thailand.\u201d\n\n\nThe \nLazudi\n cloud-based platform works uses a similar principle to e-commerce which are prevalent in Thailand. It makes the posting and marketing of inventory easier for property professional while providing increased transparency for buyers and sellers during the transaction process in addition to slashing the onerous paperwork and admin duties.\n\n\nLazudi\u2019s innovative approach aligned well with PropTech Farm\u2019s investment strategy which covers Southeast Asia and the Nordic countries.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cThe PropTech landscape has evolved over the last few years,\u201d Fredrik Bergman, CEO & Co-Founder of PropTech Farm, explained. \u201cHistorically, it has been an industry slow to go digital. More and more online solutions are now available, but little has reached the Thai market which remains very fragmented and primarily offline, heavy on admin with little transparency for consumers. Our investment into Lazudi plans to change this for both agents and the end consumer.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/ldr-group-proves-leader-koh-samui-real-estate", "title": "LDR Group proves it is a leader in Koh Samui real estate", "body": "\n\n\n\nBest Developer Koh Samui\n\n\nBest Villa Development Koh Samui \u2013 Santi Tara Villas\n\n\n\n\nThe growth of LDR Group as a top Koh Samui homebuilder continued in 2022. A year after being named\n Best Boutique Developer Koh Samui at the Dot Property Thailand Awards\n, the firm took another step towards being a leader in the local real estate market by winning Best Developer Koh Samui.\n\n\nFrom a leading investment program to exquisite designs, the developer offers the knowledge and capabilities of a big company with the personalized service you\u2019d expect from a small business. Even as LDR Group has grown over the past year, it hasn\u2019t lost sight of this mission.\n\n\n\u201cIn 2021, we won Best Boutique Developer and this year we took a step up to win Best Developer Koh Samui. This further validates our focus as a small business that specializes in innovation and service. We look forward to continuing to work with our clients,\u201d Gary Sakuma, Director of Business Development at LDR Group, explains.\n\n\nIt may not come as much of a surprise that the best developer in Koh Samui is behind the island\u2019s Best Villa Development. LDR Group\u2019s work on Santi Tara Villas, its newest project, offers the same things that have made its previous developments standout: amazing designs, exclusivity and outstanding quality all backed with a comprehensive investment program.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cWinning (Bes Villa Development Koh Samui) signifies growth for our company. We started as a boutique developer and this year we moved forward with a new design. We really want to thank Dot Property Group for this recognition,\u201d Gary says.\n\n\nUltimately, LDR Group\u2019s passion for real estate, extensive local connections and unbeatable customer service has empowered it with a unique perspective that benefits customers. And this work saw it take home two honors at the Dot Property Thailand Awards 2022.\n\n"} {"url": "https://www.dotproperty.com.my/blog/leaders-real-estate-parikshat-chawla", "title": "Leaders of Real Estate \u2013 Parikshat Chawla", "body": "\n\nParikshat Chawla will help LeadingRE increase its presence in Southeast Asia\n\n\nLeading Real Estate Companies of the World\u00ae continues to grow at an impressive rate, adding important members to its global team. The company, which boasts the world\u2019s market-leading independent residential brokerages in 65 countries, recently hired Parikshat Chawla to serve as APAC Business Development Director. In his new position, Chawla will head LeadingRE\u2019s continued push in Southeast Asia, India and several other markets. In this issue of Dot Property Magazine, he talks in-depth about his new role as well as what the firm has planned in 2018.\n\n\nCongrats on being appointed APAC Business Development Director at LeadingRE. What excites you about working for LeadingRE? What experience will you bring to the company\u2019s Southeast Asia push? \n\n\nThank you. I am really looking forward to working with Leading Real Estate Companies of the World. I\u2019ve been following the organization for a long time and appreciate its global community of strong independent companies. Our model truly encourages cooperation and allows companies and their agents to stand out from their competitors.\n\n\nI\u2019ve had varied experiences since joining the real estate sector \u2013 from running a small agency to working with developers and most recently, heading international marketing for a major property consultancy in Malaysia. My strength lies in understanding agents\u2019 requirements and being able to craft solutions for future LeadingRE offerings, such as developer project marketing.\n\n\nWhat does LeadingRE have planned for 2018 when it comes to Asia? What markets are being targeted and why?\n\n\nWe are going to continue building our network in Asia after enjoying great success over the past few years. We are currently speaking with numerous potential members in the larger markets such as Japan, Indonesia, India and others such as Thailand, Vietnam and Cambodia. We aim to expand aggressively over the next two years while taking care to work with agencies that demonstrate the same values that bind our members globally.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nYou will be playing a role in the creation of LeadingRE\u2019s Developer Program in the region. Can you explain what this is?\n\n\nThe Asian markets are quite exciting when we look at the new homes or off-plan market segments. There is a tremendous amount of cross-border investing already prevalent \u2013 whether it is Hong Kong investors buying apartments in Kuala Lumpur or Singaporeans purchasing vacation homes in Niseko, Japan. Now, when you also add renewed global interest in Asian markets, the need for catering to this segment becomes apparent. Last but not least, there is a large volume of Asian buyers who continue to invest heavily in global cities such as London, Dubai, Melbourne, New York and Vancouver \u2013 just to name a few.\n\n\nThe aim of the developer program is quite simple \u2013 work with our agent partners to identify the most compelling projects with international appeal and then formulate bespoke strategies to market these properties across the network. Our strategy is to start with a couple of key markets in 2018 and expand the program in a phased manner. More details will follow soon.\n\n\nHow can working with LeadingRE benefit real estate agencies in Asia? What will you do to help current members?\n\n\nLeading Real Estate Companies of the World is present in more than 65 countries with almost 570 firms as its members. Our network gives Asian agencies access to global markets and an opportunity to provide their clients with worldwide options pertaining to their property requirements.\n\n\nAs a major global network of the finest independent (not franchised), locally- and regionally-branded real estate firms, we are dedicated to providing valuable business resources, tools and referral transactions. Our affiliated real estate firms want the ability to control their own destiny, unparalleled innovative services for their clients and a way to combine their local success with a global reach. Buyers working with a LeadingRE affiliated company have access to people and properties around the world, while sellers can count on unparalleled global marketing exposure for their properties. The result is billions of dollars of affiliate-to-affiliate home sales each year.\n\n\nWe frequently get requests from our existing community about expanding further into Asia so we can cater to the many cross-border referrals we get on a regular basis. The developer program will also aim to address the requirements of key international buyer demographics in Asian projects.\n\n\nWhat role do real estate agents play in Asia? What can they do to better serve clients and stand out?\n\n\nReal estate agents in Asia represent trust and knowledge. While the internet has allowed many buyers, sellers, landlords and tenants access to market data \u2013 most clients still look to agents for their advice and direction. Whether it\u2019s a million-dollar city centre penthouse or a small beachfront apartment \u2013 a good agent helps guide his / her client through the property chain and helps make sense of legal and financial jargon that may overwhelm many.\n\n\nAgents should always be looking to enhance their knowledge and offerings. Robust local information, market intelligence and technology are core tools that should be kept updated. Continually expanding one\u2019s network helps an agent stand out from the rest, as many clients would prefer to grow their business relationship with individual agents from a trusted company, rather than work with multiple companies.\n\n\nObviously, you\u2019re no stranger to real estate in Asia. What are some trends you have noticed? Are there any up-and-coming markets (either type or geographical) you are particularly excited about? \n\n\nAlthough the markets have slowed a bit recently, most Asian buyers remain attracted to new property launches across the region. Overseas properties also run strong, with balanced interest in education, business and residency options.\n\n\nTo me, Cambodia is a potential gem in the making with heightened global investments lately and the opening of new international airports. From an asset-class perspective, I like mixed developments featuring good hotel operators, as these represent potentially secure investments with income features.\n\n\nIs there anything else you would like to share with readers about yourself or LeadingRE?\n\n\nOther than the property markets, I\u2019m a technology enthusiast and am always looking at interesting trends changing our industry \u2013 such as the blockchain, crypto-currencies, AR / VR, crowdfunding etc. I enjoy travelling and networking with interesting people \u2013 am always happy to meet over coffee.\n\n\nRegarding Leading Real Estate Companies of the World, I like the idea of it being the home of the best independents in the real estate industry. We are a true global community of like-minded top professionals sharing ideas, best practices and knowledge.\n\n"} {"url": "https://www.dotproperty.com.my/blog/leadingre-arrives-in-malaysia", "title": "LeadingRE arrives in Malaysia", "body": "\n\n\n\nThe Malaysia property market welcomes Leading Real Estate Companies of the Worl\nd\n\u00ae.\u00a0\n\n\nLeading Real Estate Companies of the World\u00ae (LeadingRE) is a global platform designed specifically in mind to aid relocation and property investments worldwide. Having grown significantly since its birth in 1997, LeadingRE are a well known and highly respected company that connects real estate agents, buyers and sellers across the world.\n\n\nCarefully selecting the members they work with to ensure the ultimate in performance and results, every member is vetted in order for the company to maintain its position in the market thanks to its quality and connections. In fact 80 percent of inquiries made to LeadingRE by companies are declined as they do not meet the company\u2019s stringent requirements for market position, brand reputation and service.\n\n\nRecent news of LeadingRE growing its membership to more countries signals the strength and success of the company. The new markets include Malaysia,\u00a0Australia, Bahamas, Canada, Italy, New Zealand, The Netherlands, Panama, United Arab Emirates and the United States of America. In Malaysia they have accepted the membership of Rahim & Co International who are based in Kuala Lumpur. This is in addition to the company expanding its network by adding more highly acclaimed members across all the continents that they work in.\n\n\nThe vast majority of business through LeadingRE is for relocations, whether that is a new city or country, although the company does also experience a chunk of people looking for a second home. This is particularly prevalent in the luxury segment. LeadingRE provides a platform for consumers to transact in confidence with agents who have unrivalled knowledge of their specific area.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nLeadingRE are continually striving to grow their presence in Asia. This collaboration in Malaysia paves the way for the country as anyone looking to venture into this market, for their own use or even investment purposes, have even easier access to do so thanks to this affiliation.\n\n"} {"url": "https://www.dotproperty.com.my/blog/leadingre-balances-local-global-strategy-newest-program", "title": "LeadingRE balances local and global strategy with newest program", "body": "\n\n\n\nLeading Real Estate Companies of the World\u00ae (LeadingRE) boasts 565 member firms in more than 70 countries. The firm remains committed to its vision of being a worldwide company that operates locally as it continues to expand. Its slogan, \u2018We\u2019re Local, we\u2019re Global\u2019 can be seen in one of the company\u2019s newest efforts, the International Property Marketing (IPM) Program.\n\n\n\u201cThe IPM Program unleashes the full potential of our extensive global real estate network and allows our affiliated member companies to market developments they represent in other key territories they may not have had access to otherwise,\u201d LeadingRE APAC business development director Parikshat Chawla explains. \u201cMembers also appreciate the consultative involvement of our team in helping them strategise their marketing plans and going beyond a regular introduction.\u201d\n\n\nLeadingRE APAC Business Development Director Parikshat Chawla\n\n\nPlans for the IPM Program are being finalised and LeadingRE expects to roll it out to most of its member real estate agencies later this year. At the moment, select Asia-Pacific members of LeadingRE are participating in a series of pilot projects.\n\n\n\u201cFeedback from members has been extremely positive. Our affiliated member companies from Malaysia, Rahim & Co International, and Singapore, One Global Property Services, have already started working together on a few developments such as \nStadia Three, an all-new housing project in the UK\n,\u201d Chawla notes.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHe continues, \u201cWe expect some of our other affiliates in the APAC region, especially from China, Thailand and Japan, to join in later this year. Some developers have also expressed interest in being able to leverage the IPM Program to help sell their developments globally, and we are currently in discussions with a few select companies.\u201d\n\n\nLeadingRE looks to the future with IPM Program\n\n\nLooking to the future, LeadingRE will use the rest of 2018 to ensure the IPM Program works well and effectively provides members with a valuable service that extends their international reach.\n\n\n\u201cThe long-term goal is to roll this out globally and enable developments across the world to be marketed using our ecosystem,\u201d Chris Dietz, head of Global Operations for LeadingRE explains.\n\n\nFor LeadingRE, the IPM Program represents an evolution in the wide array of services the company offers to its network. The firm is always exploring opportunities for its members and continues \nto ramp up efforts in Southeast Asia\n. This provides the global network of the finest independent (not franchised), locally- and regionally-branded real estate firms with access to tools and innovation that may otherwise be difficult to obtain.\n\n\n\u201cWe always value feedback from our member agencies, and we will continue developing new programs like this to benefit their businesses. LeadingRE\u2019s goal as a B2B network is to continuously explore and provide new business opportunities for our 565 member firms, now in over 70 countries,\u201d Dietz concludes.\n\n"} {"url": "https://www.dotproperty.com.my/blog/leadingre-conference-week-attracts-real-estates-best-brightest", "title": "LeadingRE Conference Week attracts real estate\u2019s best and brightest", "body": "\n\n\n\nLeading Real Estate Companies of the World\u00ae (\nLeadingRE\n) hosted its annual Conference Week from February 27 to March 5 at the famed Fontainebleau Miami Beach. The impressive event attracted 2,000 real estate professionals from 25 countries who were able to learn from experts, explore global trends and meet with other members of the world\u2019s largest community of quality independent real estate firms.\n\n\nThere were a number of targeted conferences held specifically for brokers, senior managers and relocation professionals. Special sessions were also organised for sales associates, luxury specialists, sales managers and marketing and technology professionals. The events were open to members and guests of LeadingRE, whose network extends to more than 60 countries.\n\n\nThose attending LeadingRE Conference Week\u00a0were\u00a0able to take part in sessions focused on a wide range of topics impacting the real estate market. Session topics included the global economy, changing consumer demographics, evolving technologies and marketing strategies and home and lifestyle trends.\n\n\nJohn Foley, former lead solo pilot of the Blue Angels; Josh Linkner, New York Times bestselling author, entrepreneur, venture capitalist and national columnist; Brett Culp, acclaimed filmmaker; Brad Meltzer, New York Times bestselling author; NBA superstar Shane Battier; Mel Robbins, one of CNN\u2019s most popular on-air commentators and opinion writers; and LeadingRE Chief Economist Marci Rossell, Ph.D, were among the keynote speakers at LeadingRE Conference Week.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cAs we continue to expand our network around the world, there is incredible value in coming together as a community, as we explore global real estate trends and learn alongside the remarkable professionals who comprise our network,\u201d LeadingRE President/CEO Pam O\u2019Connor said. \u201cCelebrating our members\u2019 achievements is equally important, and we are honoured to recognize so many outstanding firms and individuals for their exemplary performance.\u201d\n\n\nSeveral entertainment and networking events were held throughout the week. This gave participants the opportunity to connect with fellow members from around the world. There was also an Awards Gala, where top\u00a0LeadingRE\u00a0members were recognised for their achievements.\n\n\nLeadingRE\u00a0recorded an incredible 2016 and this momentum carried over into 2017. Earlier this year, the company agreed to sponsor\u00a0\nThe Dot Property Philippines Awards\n\u00a0and\u00a0\nThe Dot Property Indonesia Awards\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/leadingre-set-asian-expansion-2017", "title": "LeadingRE Set For Asian Expansion in 2017", "body": "\n\n\n\nLeading Real Estate Companies of the World\u00ae (LeadingRE) is the home of the world\u2019s market-leading independent residential brokerages in over 60 countries. The firm is coming off an impressive 2016 and recently\u00a0\nappointed respected financial journalist Marci Rossell as the company\u2019s first chief economist\n.\n\n\nChris Dietz, LeadingRE\u2019s Executive Vice President of Global Operations, talks to Dot Property about the company\u2019s successful 2016 and what\u2019s in store for 2017.\n\n\nLast year was a historic one for LeadingRE, what were some of the most notable achievements? Is there anything you are particularly proud of?\n\n\nOur network generated over 30,000 leads, client introductions last year and we managed to push our referral conversion rate of closed transactions from 43 percent to an industry leading 52 percent!\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBesides that, now having representation in 62 countries has marked another milestone for our organization, and we successfully introduced our new re-freshened brand in October during our Global Symposium in Amsterdam. And because one of our hallmarks is quality, we are very proud that we were recently ranked the #3 learning organization out of the top 125 by Training Magazine, reflecting our focus on continually raising the performance bar.\n\n\nDoes the company have any goals in Asia this year? Can you offer a little insight as to what some of those goals are?\n\n\nYes, certainly we have plans for Asia in 2017. We will continue our branding campaign with Dot Property, as we understand the importance of a quality brand within the Asian cultures, even though we will always remain the global brand behind a successful local brand. With this, we hope to attract more quality real estate operations to the network and expand in further markets so our existing members have reliable partners to send their clients. To better service the region, we are considering hiring staff to work out of our Singapore office.\n\n\nWe are also considering customising a compelling value proposition for real estate \u00a0project developers in the region to connect with us and our 128,000 agents worldwide on a global platform.\n\n\nLeadingRE rapidly expanded its footprint in 2016 and now has members in more than 60 countries. Are there any Southeast Asian markets LeadingRE is targeting this year? Could we see further expansion into the region?\n\n\nWe are very interested in expanding our footprint in the Southeast Asian region. According to statistics of the ASEAN organization, Southeast Asia is the world\u2019s growth region. Figures shown during a meeting in Bangkok last year were quite exciting. It is predicted that the middle class in Asia will overtake the US and European middle class in numbers by 2020 and will have almost twice as many middle-class people as Europe and the US combined!\n\n\nCan you imagine the buying power? By 2030 Indonesia will overtake Germany and Japan as big middle class spenders, closing in on China, India and the US. The Philippines had a bigger GDP growth rate than China in 2016.\n\n\nSo yes, back to the question, Indonesia and the Philippines, as well as Vietnam and Thailand, are in our focus as we already see a lot of our business going towards these countries. It seems natural that we are looking to add quality companies from those countries to our global network of independent real estate firms.\n\n\nIs there anything else you wish to share with readers about LeadingRE or the company\u2019s aims moving forward?\u00a0\n\n\nI often realise that it is not easy to understand our business model from an outsider\u2019s perspective. LeadingRE is a global network of independent, \u201cprivate label\u201d real estate companies mainly functioning like a B2B club generating business opportunities for its members. Currently we have over 4000 offices in 62 countries, and our affiliated companies generate USD 351 Billion in transactions annually, closing over one million deals per year. While our members/affiliates enjoy the freedom and flexibility of being independent, we offer products, tools and services only a global organization can provide. Our mantra is \u2018making the best real estate companies even better.\u2019\n\n\nAs a long term aim, I\u2019d say we want to become widely recognised as the premier global real estate network.\n\n\nFor more information on\u00a0\nLeadingRE\n, visit\u00a0\nwww.leadingre.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/learn-developer-curating-family-focused-living-experience-bangkok", "title": "Learn about the developer curating a family-focused living experience in Bangkok", "body": "\n\nThe man-made lake and large green areas are hallmarks of Nichada Thani\n\n\nThis article on Nichada Thani and how they are creating a family-focused living experience in Bangkok appears in the latest issue of Dot Property Magazine. \nClick here to read it\n.\n\n\nThe Nichada Thani community has grown in suburban Bangkok for more than 30 years now. Today, it spans nearly 400 acres with 50 sub-communities while retaining the charming qualities that first drew people to it all those years ago. Residents adore the high-quality housing options and convenient facilities, but it\u2019s the Nichada Thani lifestyle is what has attracted executive-level expats and Thais over the years.\n\n\nTaking a stroll through the masterplanned, gated community allows you to experience the lifestyle firsthand. The tree-lined streets and walkways lead you to parks, community facilities, schools and a community church. All around are smiling families enjoying the peaceful surroundings as birds chirp in the background.\n\n\nThe dense spaces of Bangkok may be a constant flurry of activity, but time slows down once you enter Nichada Thani. And this is exactly what Nichada Group, the company behind the community, envisioned all those years ago. They always emphasized meticulous community planning that calls for at least 30 percent of the estate to be comprised of green areas with a centerpiece man-made lake serving as the signature feature.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cNichada Thani is a passion project founded by my parents and partners over 30 years ago; stemming from my father\u2019s love for construction and my mother\u2019s love for management. Together, they\u2019ve envisioned a carefree suburban environment enveloped with lush nature and low fences indicating entrustment in security, but also equipped with full functioning facilities right within the gates,\u201d Khun Nichada Changrew, CEO at Nichada Thani Group, details.\n\n\nBy understanding that families have different housing needs, Nichada Group carefully launched diverse residential styles throughout the community, the majority of which they have built and developed. Everything from condominiums to mansions with private pools can be found within the gates of Nichada Thani.\n\n\n\u201cWe have a perfect size home for singles, single-parent families, nuclear families or extended families,\u201d Khun Nichada explains. \u201cAll homes share the same ideology; open floor plans with spacious areas in which owners or renters can enjoy the flexibility to redesign their own home functioning sections or the expansive open space already provided.\u201d\n\n\nOf course, the comfortable homes, suburban neighborhood and rich natural environment don\u2019t tell the entire story of Nichada Thani. It is the people and service behind the community that fosters a lifestyle people have come to know and love for more than three decades.\n\n\nThe flourishing community of Nichada Thani\n\n\nNichada Thani has balanced private living spaces with a bustling local community\n\n\nSuburban living is as much about the people as it is the space. The community is a place where you share memories and create moments with family and friends. For Nichada Thani, fostering this environment was incredibly important and the developer does this a number of different ways.\n\n\n\u201cNichada Thani is renowned for the special events we organize for our residents. Before the emergence of COVID-19, we routinely held many heartwarming events where the whole community joined together. An example of this is Halloween, one of the biggest events at Nichada Thani. The whole community joined in on trick or treating with recreational activities for children,\u201d Khun Nichada details.\n\n\nAnd that is just the tip of the iceberg. From organizing events and markets to keeping residents informed via a monthly newsletter, Nichada Thani is always looking for ways to keep everyone happy and engaged.\n\n\nThese efforts are supported by the expansive facilities available at Nichada Thani, none more notable than the International School Bangkok (ISB). The school actually moved from their original location in downtown Bangkok to the Changwattana area first. Understanding the need for nearby housing that appealed to families, Nichada Group arrived shortly thereafter starting with the 125-rai lake and approximately 100-rai plot of land.\n\n\nOver the years the school and residential communities have been joined by a number of retail spaces and fitness and recreation facilities which has only added to the sense of community at Nichada Thani. There are restaurants and coffee shops where time can be spent conversating with friends. Daily life is made easy thanks to the international supermarket, pharmacy and other shops found around the community.\n\n\nA health clinic and dentist are here as well along with spas and salons. Whatever you need is seemingly right around the corner. And when you do need to leave, it\u2019s easy to get to anywhere else in Bangkok. Nichada Thani boasts convenient access to the Sri Rat expressway and BTS. Meanwhile, a wide range of shopping, dining and entertainment options, including Central Plaza Changwattana, can be found a few minutes away.\n\n\nWhat is truly unique about Nichada Thani is that the management team lives in the development as well. They are not simply talking about community and lifestyle; they are there every day experiencing it.\n\n\n\u201cOur passion is to provide service to fulfill every aspect of our residents\u2019 daily needs. We believe in our own community because we also live here and have tested out any products and services,\u201d Khun Nichada notes. \u201cWe put our heart and soul into all our projects and that is most important to us because if we want to offer an optimal Nichada Thani lifestyle to our residents, we need to test and live it with our own lifestyle and consistently improve upon it whenever we receive any feedback.\u201d\n\n\nAn award-winning lifestyle\n\n\nNichada Group was named Best Lifestyle Developer (Housing) at the Dot Property Southeast Asia Awards 2020\n\n\nThe effort and dedication into cultivating this lifestyle were rewarded at the Dot Property Southeast Asia Awards 2020. Nichada Group was named Best Lifestyle Developer (Housing), an honor validating its vision to focus to create a family-focused living experience in Bangkok.\n\n\n\u201cWe are deeply honored to be recognized as the Best Lifestyle Developer (Housing). Amongst all of the prestigious awards presented on the night, this particular one really brings out happy tears from our team,\u201d Khun Nichada proclaims. \u201cNichada Group\u2019s mission since conception has always been to build a \u2018lifestyle\u2019 or a \u2018way of life\u2019 for our residents rather than just producing structures for sale or rent. It is also especially humbling to receive this award amongst other prominent developments and developers. This truly inspires our team to strive for even greater heights with greater standards.\u201d\n\n\nKhun Nichada believes success at the Dot Property Southeast Asia Awards 2020 wouldn\u2019t have been possible without family. It is what inspired Khun Nichada\u2019s parents when they first launched the community and what motivates the entire team to this day.\n\n\n\u201cWith family-oriented influence, my parents first founded and named Nichada Thani after me. The name Nichada means an independent girl with unique characters; in many ways Nichada Thani stayed true to its name,\u201d Khun Nichada states. \u201cThe Nichada Group is ultimately a family business in which our teams and residents at Nichada Thani are like family members whom we strive to share this balanced, peaceful and family-oriented way of life.\u201d\n\n\nShe concludes, \u201cAs we pave our own roads as an independent and unique community, we would love to invite readers to join our family and experience \u2018The Nichada Lifestyle\u2019.\u201d\n\n\nFor more information on this family-focused living experience in Bangkok, please contact\n\n\nNichada Thani\n\n\nThe Expatriate Town of Thailand\n\n\nPhone:\n +66 2 832 0088\n\n\nEmail:\n \n[email\u00a0protected]\n\n\nFacebook:\n NichadaThainipage\n\n\nInstagram:\n NichadaThani\n\n\nLine:\n @Nichadareservation\n\n\nwww.nichada.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/leave-boring-behind-hotel-jen-orchardgateway", "title": "Leave boring behind at Hotel Jen Orchardgateway", "body": "\n\n\n\nSingapore often gets criticised for being \u201cboring\u201d by some travellers. Perhaps it is due to the fact these people have chosen the wrong accommodation. \nA stay at Hotel Jen Orchardgateway\n ensures you won\u2019t suffer from a bout of boredom during you next stay in the Lion City.\n\n\nThere is no shortage of luxury hotels in Singapore, but sometimes they can lack energy or personality. From the moment you step foot in Hotel Jen Orchardgateway, you\u2019ll realise just how different it is, and that\u2019s a good thing. Everything from the fitness centre to the rooms really stands out with Hotel Jen\u2019s unique personality shining through.\n\n\nThe hotel has plenty of highlights but the swimming pool is one place you won\u2019t want to miss. In fact, calling it a swimming pool doesn\u2019t really do it justice. It is known as BayWatch@Jen and it\u2019s the only rooftop swimming pool on Orchard Road. Guests can enjoy spectacular views of Singapore as well as Marina Bay Sands. Want to see the resort\u2019s famed light show? You won\u2019t even have to leave Hotel Jen Orchardgateway. Guests can pull up a deck chair and catch a glimpse of the show from BayWatch@Jen.\n\n\nThose looking to mentally recharge while enjoying the view can enjoy Yoga at Dusk, the hotel\u2019s exclusive yoga programme. Held every Thursday from 6:10 pm to 7:10 pm, guests can soak in the twilight while practicing their favourite poses by the pool.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThis entire article could be dedicated to the fantastic swimming pool and even then it would not cover just how great of a spot it is. However, Hotel Jen Orchardgateway has a lot more going on and it\u2019s time to move on even if you won\u2019t want to leave BayWatch@Jen.\n\n\nA foodie\u2019s paradise\n\n\nIt could be argued the national pastime of Singapore is eating. The country has developed a highly regarded culinary culture with just about every type of cuisine readily available. The issue for most people travelling to Singapore is there is simply too much to try. Unless you plan on eating nine meals a day, it can be impossible to indulge in at all.\n\n\nAlternatively, you can head to Hotel Jen Orchardgateway\u2019s on-site restaurant Makan@Jen for their Let\u2019s Makan Buffet Dinner. Here you\u2019ll find the best of Singapore\u2019s hawker cuisine all in one place with portions you can control. There are also plenty of quirks to the buffet, such as the ability to make your own rojak, as well as some less adventurous but still delicious options like fresh salmon sashimi.\n\n\nMakan@Jen also hosts a breakfast and lunch buffet along with a special seafood dinner buffet on Friday and Saturday night. Be sure to stop by Lounge@Jen for one of the hotel\u2019s signature cocktails before or after dinner. Prices are quite reasonable and the view of Orchard Road is anything but ordinary. There are special promotions held throughout the week for you to take advantage of too.\n\n\nIdeal location\n\n\nHotel Jen Orchardgateway happens to be located right above the Orchard Gateway shopping centre. This bustling complex is full of delightful eateries and charming shops with Dean & DeLuca, Naiise and Kiss The Tiramisu all residing here. Next door you will find 313@Somerset with even more restaurants and shops to explore. The location also puts Orchard Road at your doorstep with ION Orchard a ten-minute walk away.\n\n\nShould you wish the venture around the city, Somerset MRT station is adjacent to Hotel Jen Orchardgateway and offers links to just about every other part of Singapore. The central location makes it possible to use Grab to get around quickly without breaking the bank. A trip to Changi Airport from the hotel is roughly SGD 20 depending on the time of the day.\n\n\nFinal thoughts on Hotel Jen Orchardgateway\n\n\nWhat stands out most about Hotel Jen Orchardgateway is that it doesn\u2019t cater to simply one type of guest. We no longer live in a world where you travel either for business or leisure and the hotel does an excellent job of providing a balance. The Wi-Fi is fast, reliable and free and there are plenty of areas around the property where you can send an email or take a look at that report. There are also ample areas where you can sit back, relax and enjoy a break.\n\n\nThe entire hotel has a positive energy that ensures you are never bored. Even when you\u2019re working, it doesn\u2019t feel like work. That fact alone makes Hotel Jen Orchardgateway worth checking out the next time you\u2019re in Singapore.\n\n"} {"url": "https://www.dotproperty.com.my/blog/lifestyle9-launch-for-sime-darby", "title": "Lifestyle@9 launch for Sime Darby", "body": "\n\n\n\nSime Darby Property, a leader in developing sustainable communities in Malaysia, is set to promote its Negeri Sembilan townships through its Lifestyle@9 campaign starting this weekend.\n\n\nThe new initiative under Sime Darby Property\u2019s annual Lifestyle Collection campaign is aiming to promote its various developments in the state, all bearing the hallmark of Sime Darby Property\u2019s value proposition in maximising the overall potential of Greater Kuala Lumpur.\n\n\nSime Darby Property\u2019s developments in Negeri Sembilan, some 30-minutes south of Kuala Lumur, focuses on sustainable living, a concept of an environment that nurtures social and emotional health.\n\n\nWhilst health and fitness are prominent features of the concept, other aspects that contributes to the success of a sustainable development such as culture, food, arts and entertainment are given equal prominence.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSime Darby Property Managing Director, Dato\u2019 Ir. Jauhari Hamidi, said: \u201cSime Darby Property is no stranger when it comes to developments in Negeri Sembilan, with vibrant townships such as Nilai Impian, Bandar Ainsdale, Chemara Hills and Planters\u2019 Haven.\n\n\n\u201cThrough Lifestyle@9 we hope to create greater awareness of our townships within Negeri Sembilan and promote a healthy lifestyle through the various planned activities. The campaign also aims to highlight the investment values of our products.\u201d\n\n\nThe campaign will make its debut with the All Wheel Fest on Saturday, February 20, from 7am until 12pm at Nilai Impian. The event aims to promote a healthy lifestyle in Negeri Sembilan and is targeted at all ages.\n\n\nParticipants on non-motorised transportation such as bicycles, rollerblades, skateboards and others, can explore scenic routes in the township and enjoy a good time with their family, friends and members of the community.\n\n\nAttendees of the All Wheel Fest will also have the opportunity to view Sime Darby Property\u2019s newly launched, affordable properties at the Nilai Impian Sales Gallery, the Kiara Court and Azalea 2.\n\n\nAzalea 2 is a 24\u2019 x 74\u2019 double-storey link home with a modern, open plan design that incorporates natural lighting and ventilation, and offers views of the township\u2019s scenic 16-acre lake. Price for these co-inspired home start from RM 635,888.\n\n\nCourt 1 and 2 of the six-storey, 96 Kiara Court apartments enjoy a built-up area of 929 sq t and start from RM 312,888. The property features a family-friendly swimming pool and two covered parking lots per unit, located in a secure, guarded community.\n\n\n\u201cAs a result of improved accessibility, developments in Negeri Sembilan are increasingly on the radar of prospective buyers searching for properties.\n\n\n\u201cConvenient access into the state are available via the North-South Expressway, LEKAS Highway and ELITE Highway, including major trunk roads.\n\n\n\u201cWe foresee Negeri Sembilan to be the next investment hub after Klang Valley,\u201d said Dato\u2019 Jauhari Hamidi.\n\n\nThe company started its ventures in Negeri Sembilan during 1997 with Nilai Impian, a 1,800 acres township with industrial units and affordable homes as its initial developments. Subsequently, Bandar Ainsdale and Chemara Hills townships were launched in 2012 and 2013 respectively.\n\n\nTo discover more about Lifestyle@9 visit any Sime Darby Property Sales Gallery or \nwww.lifestyleat9.com\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/linkzzapp-looks-assist-developers-management-companies-malaysia-digitization", "title": "LinkZZapp looks to assist developers and management companies in Malaysia with digitization", "body": "\n\nLinkZZapp technology digitizes a number of processes for developers and management companies \n\n\nA new property platform solution wants to make life easier for developers and property management companies in Malaysia by launching a digital solution that will streamline complicated manual processes. LinkZZapp has developed and launched\u00a0The 360\u00b0 e-Property Platform Solution that it believes will improve operations while eliminating the need for superfluous human contact.\n\n\nThe latter in particular is important with the \u201cNew Normal\u201d now taking shape in Southeast Asia. Many property developers in Malaysia trudged on with the same time consuming and tedious manual processes for more than 20 years but have now been forced to embrace digital transformation because of the on-going COVID-19 pandemic.\n\n\n\u201cAs a property investor as well as a Proptech player in the market, we constantly feel that there is so much room for the industry to improve digitally with all the technology available in this day and time. Plus, with the recent Covid-19 crisis where everyone is embracing social distancing as the new normal, we are seeing more property developers demanding a solution which can minimize face-to-face contact,\u201d LinkZZapp Founder and Chief Executive Officer William Wong stated.\n\n\nLinkZZapp\u2019s technology is billed as Malaysia\u2019s first holistic, end-to-end solution for real estate companies. It comes at a time when developers and property management firms require technology that offers strong functionality while being simple and convenient for users.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cOur holistic platform enables our users to track, manage, monitor, and engage digitally by using all-inclusive features which include Construction Monitor; Vacant Possession; Defect and Property Management; and Smart Community,\u201d Wong noted. \u201cWe also provide hardware and software integration solutions such as plate number recognition system, auto gate system, parking allocation system, facial recognition system and smart home system to property developers who wish to provide their homebuyers with seamless smart living experience.\u201d\n\n\nHe added that the property sector must innovate and embrace digital transformation in order to improve operations and provide a safer environment for the public. The company also believes LinkZZapp technology can increase efficiency and productivity of business processes.\n\n"} {"url": "https://www.dotproperty.com.my/blog/listing-week-gaze-bridges-penang-2", "title": "Listing of the Week \u2013 Gaze at the bridges of Penang", "body": "\n\n\n\nThere is a lot to love about Penang. From the historic Georgetown to the wonderful Straits Quay, the island is truly one of Asia\u2019s hidden gems. \nThe Malaysia Listing of the Week happens to come from the island as well\n. This impressive, 160 square metre condominium unit at Quay West Residence boasts a modern design and some of the best views possible.\n\n\nThe freehold condo is strategically located between the Penang Bridge and the Sultan Abdul Halim Muadzam Shah Bridge in one of island\u2019s most well connected areas. The airport as well as Queensbay Mall and a number of fantastic eateries are all a short drive away.\n\n\nWith 3 bedrooms, 3 bathrooms and views overlooking the sea, this condo also has a number of cutting-edge features not found at any other project in Penang including two private lifts that provide direct to the unit and a new dual-keys concept layout. The end result is unmatched convenience along with views that are special.\n\n\nIn Penang, there is not a development quite as spectacular as \nQuay West Residence\n and our Listing of the Week is certainly worth checking out.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nListing of the Week Facts\n\n\nListed by:\n Asia Green Group\n\n\nProperty:\n Quay West Residence\n\n\nBedrooms:\n 3\n\n\nBathrooms:\n 3\n\n\nUseable Area: \n160 square metres\n\n\nPrice:\n MYR 1.36 million (USD 330,130)\n\n\nRequest Details Now\n\n"} {"url": "https://www.dotproperty.com.my/blog/listing-week-green-luxury-johor-bahru-raintree-residences", "title": "Listing of the Week \u2013 Green luxury in Johor Bahru", "body": "\n\nThere are no two more important elements in daily home life than space and greenery. Space lets us feel free and gives us the ability to pursue our passions in life. Meanwhile greenery lets us connect with nature and enjoy health and happiness. You will find both in abundance at Raintree Residences, home of our \nListing of the Week\n.\n\n\nThe superb housing estate is located in one of Iskandar\u2019s most desirable areas. At Raintree Residences, families can grow together enjoying a happy life without any restrictions. Developed by Genting Property Sdn Bhd, the residential project boasts contemporary homes that cater to the needs of the entire family.\n\n\nThe unit featured this week is a spacious, six-bedroom, six-bathroom home that has space for parking and a garden. This is the ideal property for those working in Johor Bahru to call home for years to come.\n\n\nRaintree Residences Facts\n\n\nListed by:\n \nGenting Property Sdn Bhd\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nProperty:\n \nRaintree Residences\n\n\nBedrooms:\n 6\n\n\nBathrooms:\n 6\n\n\nUseable Area: \n386.09 square metres\n\n\nLocation:\n Genting Indahpura, Kulai, Johor\n\n\nPrice:\n MYR 1.45 million (USD 366,291)\n\n\nRequest Details Now\n\n"} {"url": "https://www.dotproperty.com.my/blog/listing-week-uk-student-property-investment", "title": "Listing of the Week \u2013 UK student property investment", "body": "\n\nA unit at Islington Plaza boasts eight percent rental returns for three years\n\n\nUK student property investment remains a great bet for Southeast Asian investors. While Brexit may have negatively influenced the economic prospects of the UK, it has done little to quell demand for student housing. Additionally, the decline of the pound against regional currencies has made UK real estate more affordable than ever before.\n\n\nOur Listing of the Week recognises this trend. \nThe one-bedroom, one-bathroom unit in Islington Plaza offers an eight percent assured rental return for three years\n. The project is situated in the heart of Liverpool\u2019s Knowledge Quarter, a key educational hub. It has everything a student could want, including a gym, cinema room and on-site coffee shop.\n\n\nCurrently, Liverpool is home to the second highest rental yields in the UK. Additionally, a large student population makes Liverpool an ideal location for those investors wanting to leverage the education boom. More than 50,000 university students are studying in Liverpool with properties, such as Islington Plaza, catering to the unique needs of this segment in high demand.\n\n\nBenoit Properties International, the UK\u2019s leading student real estate developer, is behind the project. The nine-storey complex has a total of 317 units and will be completed later this year. If you\u2019re considering a UK student property investment, a unit at Islington Plaza is a wise choice.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nListing of the Week facts\n\n\nListed by:\n Benoit Properties International\n\n\nProperty:\n \nIslington Plaza\n\n\nBedrooms:\n 1\n\n\nBathrooms:\n 1\n\n\nUseable Area: \n13 square metres\n\n\nLocation:\n Liverpool, England\n\n\nPrice:\n USD 91,854\n\n\nRequest Details Now\n\n"} {"url": "https://www.dotproperty.com.my/blog/little-goes-long-way-bitofproperty-brings-crowdfunding-asia-real-estate-investment-2", "title": "A little goes a long way: BitOfProperty brings crowdfunding to Asia real estate investment", "body": "\n\nBitofProperty's vision is to make global real estate investment simple and the company is developing a decentralised, crowdfunding platform to accomplish this\n\n\n(Editor\u2019s note: LIFULL recently purchased the Mitula Group, Dot Property\u2019s parent company. LIFULL also served as the lead investor in the latest round of seed funding for BitOfProperty.)\n\n\nInternational real estate investment can be expensive and legally challenging for those new to the process. Finding information about property investment in foreign countries can also be problematic. These factors were not lost on the founders of BitOfProperty.\n\n\nKarl V\u00e4\u00e4n, Co-Founder and CEO of BitOfProperty, notes the company wanted to help bring international real estate investments to the masses. In order to do this they would need to find a way for investors to start with small amounts, provide them with a transparent ownership structure and carry out the due diligence process.\n\n\nThe company\u2019s ultimate vision is to make global real estate investment simple and the company is developing a decentralised platform to accomplish this. The crowdfunding platform allows many people can own one property. Prices start at EUR 50 and investors have the ability to invest in various deals on the platform, V\u00e4\u00e4n details.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cThe platform is built in a way that brings more transparency and safety to all investors regardless of if they are local or come from overseas,\u201d V\u00e4\u00e4n explains. \u201cAll transactions are recorded on a public database (blockchain) making ownership movements are seamless and immutable. Additionally, investors can read their investment agreements on smart contracts.\n\n\nOnce the property is acquired, investors start to receive monthly rental income to their wallet on the BitOfProperty platform. They can then use these funds to invest in more properties or withdraw the cash to their own personal bank account. BitOfProperty or one of its partner companies manages the properties.\n\n\n\u201cOn the BitOfProperty platform, investors can receive between 5.6 to 7 percent net rental return per annum. These returns are on the high side, but still remain in the range of local averages. Investors have also the potential to earn capital gain from any property price increases. After three years, the property is sold and the principal, along with any capital gains, are returned to the investors,\u201d V\u00e4\u00e4n says.\n\n\nBitOfProperty has already built a legal structure for the company to acquire properties in Estonia and Japan. The company\u2019s platform is up and running in Estonia and is moving forward with its plans in Japan.\n\n\n\u201cWhen compared to Europe, then rental returns in Estonia are relatively high and attractive for passive investors,\u201d V\u00e4\u00e4n reports. \u201cYou can get similar rental returns in the Japanese property market, which in our view is competitive, and should be interesting for investors since it is a passive real estate backed investment.\u201d\n\n\nThe innovation caught the eye of Japanese real estate company LIFULL who was the lead investor for BitOfProperty\u2019s latest round of seed funding. According to V\u00e4\u00e4n, LIFULL was interested in small real estate investments utilising blockchain technology as \nit looks to build a platform for global real estate transactions\n.\n\n\nBitOfProperty targets Bangkok and Southeast Asia\n\n\nKarl V\u00e4\u00e4n, Co-Founder and CEO of BitOfProperty\n\n\nAfter a successful rollout in Estonia and one planned for Japan in the near future, BitOfProperty is now exploring new destinations. Bangkok sits on the top of the company\u2019s wish list for a number of reasons.\n\n\n\u201cThailand is an exciting and dynamic market. There are many good and profitable projects to be found in the country,\u201d V\u00e4\u00e4n says. \u201cSince the vision of BitOfProperty is to make global real estate investing simple, Bangkok adds to the diversity of places that investors can invest in.\u201d\n\n\nOf course, the company also understands that it will face challenges as it moves into Bangkok and Southeast Asia as a whole. Perhaps the most daunting issue is the regulatory framework, which varies across the region. This means BitOfProperty would need to study each country before it could open a platform. And that is only one issue it needs to take into consideration.\n\n\n\u201c(Dealing with) Different currencies can become a challenge, because raising money and eventually converting it to the currency which is used to make the acquisition can be different due to exchange rate. This is something that needs to be mitigated,\u201d V\u00e4\u00e4n points out.\n\n\nHe continues, \u201cLastly, language can be a problem as well, even if our investors are international. If the property comes from, for example, Bangkok, then people from Thailand are also potential investors. This, however, would mean that the platform and materials should be in the Thai language as well. That will increase the cost for the company and require us to build a team in Thailand.\u201d\n\n\nBitOfProperty believes it has found a solution to the aforementioned problems by building an International Property Exchange (IPEX). The IPEX would work like a stock exchange for real estate crowdfunding/investment companies from around the world.\n\n\n\u201cProjects listed by members of the IPEX system are mirrored on each other\u2019s platforms in order to raise funds together simultaneously, but each company is doing it in their local country and jurisdiction,\u201d V\u00e4\u00e4n notes. \u201cThis way companies can leverage investors from other platforms and have easier access to foreign capital.\u201d\n\n\nThis ensures each platform can offer overseas real estate without needing a license in every country while companies can build trust in the new markets they are entering. The domestic exchanges benefit in these partnerships since they are able to offer international real estate to their clients that would only found on other platforms. The benefits extend to investors as well.\n\n\n\u201cAt the same time, investors can enjoy the exposure of foreign investments and diversify their funds accordingly. Also, they are open to more liquidity when it comes to buying and selling their shares. Investors don\u2019t rely solely on the platform where they made an investment, but can sell their share to any investors whose service provider is connected to IPEX system,\u201d V\u00e4\u00e4n states.\n\n\nWhy Bangkok and Southeast Asia?\n\n\nBitOfProperty is targeting Bangkok after a successful launch in Estonia and a soon to be completed launch in Japan\n\n\nOne of the Bangkok property market\u2019s main attractions is its affordability. Real estate prices in the Thai capital are significantly less than in more developed markets, but V\u00e4\u00e4n sees this as an opportunity, not an issue.\n\n\n\u201cSince the prices in Bangkok and other cities in Southeast Asia are cheap, then real estate crowdfunding makes a lot of sense. This is a good time for investors to go in and get some exposure in emerging markets\u2019 real estate,\u201d V\u00e4\u00e4n says. \u201cOf course, each country needs to be studied separately and it doesn\u2019t mean that all of them will be doing well in the coming years. However, Thailand is definitely worth looking at.\u201d\n\n\nAlthough BitOfProperty may seem to be for inexperienced investors, looks can be deceiving. BitOfProperty seeks to move the needle for experienced property investors who are looking to diversify their funds with ease as well. At the end of the day, they want to bring a new wave of real estate investment for all to Southeast Asia.\n\n\n\u201cBitOfProperty is the best avenue for investors who do not want to take too much risk, especially those who want to learn about the markets and understand them before investing large sums. Investors can participate with little capital and learn about the market while investing. We believe that this is the best way to go about your first investments in an unknown territory,\u201d V\u00e4\u00e4n concludes.\n\n\nFor more information on BitOfProperty, \nclick here\n\n"} {"url": "https://www.dotproperty.com.my/blog/live-best-life-investing-phukets-ultimate-beachfront-development", "title": "Live your best life by investing in Phuket\u2019s ultimate beachfront development", "body": "\n\n\n\n\n\n\n\n\n\nThe developers behind Sunshine Beach took a different approach to creating a project in Phuket. Instead of focusing on a specific feature or concept, T.H. Group, a joint venture between Hong Kong Safe Gold Group, Golden Invest Group and AUTA Group from Australia, wanted to curate a lifestyle. A place where dreams of luxury island living could be a reality.\n\n\nIn order to accomplish this lofty goal, the team behind Sunshine Beach needed the perfect combination of location, amenities and design along with options for both investors and those wanting a long-term home.\n\n\nIt was no easy feat, but T.H. Group was able to find a way to ensure Sunshine Beach offered the best lifestyle. And now the developer has the credentials to back up its claims. Sunshine Beach won Best Lifestyle Condotel/Residences at the \nDot Property Southeast Asia Awards 2020\n. You probably want to know more about this award-winning lifestyle, so let\u2019s find out how you can live your best life in Phuket.\n\n\nRead More:\n \nWhat can you expect from Phuket Rental returns?\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nA postcard worthy location\n\n\nLocation is the most important thing when it comes to real estate and Sunshine Beach boasts one of the best spots in all of Phuket. Situated along Bang Tao Beach, the beautiful blue waters of the Andaman Sea are literally at your doorstep. But there is a lot of cool stuff in this part of Phuket you should take note of.\n\n\nFor starters, the beautiful Layan Beach and Dream Beach Club are a short walk away. Should you be in the mood for a little shopping, both Boat Avenue and Porto De Phuket can be reached in less than ten minutes by car. Meanwhile, Laguna Phuket, and its endless array of entertainment activities are a stone\u2019s throw away. No matter what you want to do in life, it is easily accessible from Sunshine Beach.\n\n\nThe place to be\n\n\nSunshine Beach features a 2,500 square meter swimming pool that spans the entire development\n\n\nOne of the great things about Sunshine Beach is the fact it has been equipped with a everything could possibly need to enjoy life. Most impressive of all is the staggering 2,500 square meter swimming pool which runs past every building in the development. Simply put, you\u2019ll never have to worry about the pool being crowded.\n\n\nAnother notable feature of Sunshine Beach is the Aquarium Restaurant which will offer one of the most unique dining experiences in Phuket. A great deal of care has gone into the design of the other amenities at Sunshine Beach to make sure they meet the exacting needs of even the most discerning visitors. Everything from the on-site spa to the fitness center will be of the highest quality.\n\n\nA residence for everyone\n\n\nSunshine Beach has units designed for both investors and long-term residents\n\n\nRegardless of if you are an investor seeking outstanding yields and a holiday home to use each year or are searching for your own personal paradise in Phuket, Sunshine Beach has a residence for you. For those after the former, the hotel part of the development has been setup with your needs in mind.\n\n\nThe hotel residences have been thoughtfully designed to meet the requirements of modern travelers. What\u2019s more, they are backed by investment programs tailored to different goals. There are multiple programs to choose from so you can find one that works best for you.\n\n\nOn the other hand, the residential component of Sunshine Beach focuses on those who want to spend months or even the entire year in Phuket. The \nluxurious homes\n come equipped with everything daily life calls for, including modern kitchens and spacious living areas.\n\n\nNo matter your lifestyle, Sunshine Beach has a solution for you, and it is the only development in Phuket with that type of flexibility.\n\n\nLive your best life at Sunshine Beach\n\n\nSunshine Beach won Best Lifestyle Condotel/Residences at the Dot Property Southeast Asia Awards 2020 because it is a place where unit owners can truly live the life they want. There are the world class amenities and beautiful designs that perfectly capture the upscale lifestyle. And of course, the magnificent location along the beach is an ideal backdrop.\n\n\nHowever, it is the flexible ownership options that ensures no other development compares to Sunshine Beach. Owning a residence here isn\u2019t simply a dream come true. It is YOUR dream come true. And it doesn\u2019t get any better than living your best life on the beach in Phuket.\n\n\nFind your dream residence in Phuket here\n\n"} {"url": "https://www.dotproperty.com.my/blog/live-on-the-olympic-boulevard", "title": "Live on the Olympic Boulevard", "body": "\n\n\n\nEcove, the developer that has transformed Sydney Olympic Park into a popular residential suburb, is about to launch the first apartment tower on Olympic Boulevard, arguably the most famous thoroughfare in Australia.\n\n\nIt was here 16 years ago where millions gathered in joyous celebration as the world watched Sydney dazzle.\n\n\nBoomerang (pictured) will be built on the corner of Sarah Durack Drive, within 400 metres of the Olympic Stadium and overlooking the Aquatic Centre and the new training ground and facilities for the GWS Giants AFL club.\n\n\nDesigned by Bates Smart, the tower\u2019s boomerang shape is believed to be a first for a residential building in New South Wales. Whilst difficult and expensive to construct, the shape provides several advantages.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFirstly, the curved corners will minimise downdraft and wind impact to the public domain below. Secondly, Boomerang will provide 100 percent solar access to all its 229 apartments. It means that each apartment will achieve a minimum of three hours of natural light a day.\n\n\nViews from the 38-storey tower will be spectacular; across Bicentennial Park to the Sydney CBD and Sydney Harbour, and across Homebush Bay to the Parramatta River. Because of its shape and full-height glazing the lobbies on each floor will also bask in the expansive vistas.\n\n\nThe tower rises above a six-level, six-star commercial centre which will have around 800 sqm of ground floor retail. A communal indoor and outdoor space on level nine embracing gardens, open lawns and seating nooks will help promote social interaction as well as private contemplation.\n\n\n\u201cBoomerang is the next generation of luxury apartment living at Sydney Olympic Park, and is the result of seven years of resident feedback and design experience,\u201d said Sue Ballesty, Marketing Manager of Ecove.\n\n\n\u201cThe apartments will be the highest-quality we\u2019ve ever created here, largely because we undertake meticulous consultation with residents.\u201d\n\n\nDavid Chittenden of Colliers Residential describes the interiors at Boomerang as \u2018pared down luxury\u2019, with beautiful timbers, natural stone and textural marble.\n\n\n\u201cMindful of the iconic surroundings, the muted interiors let the views make their statement while allowing residents to infuse their own personality on the space,\u201d Chittenden said.\n\n\nPrices at Boomerang will start from AUD$ 718,000 for a one-bedroom apartment measuring from 58 sqm, and rise to more than AUD$ 2.7 million for a four-bedroom unit with up to 223 sqm of space. All one- and two-bedroom apartments get one secure car spots, and the three- and four-bedroom apartments receive two car spaces.\n\n\n\u201cRather than the post-Olympics \u2018hangover\u2019 some doomsayers predicted, Sydney Olympic Park now has a residential \u2018heart\u2019 with a strong communal spirit,\u201d said Chittenden.\n\n\n\u201cPurchasers have come from all parts of Sydney and have been a broad mix of investors, owner-occupiers, workers from the many local businesses, first home buyers, small family groups and downsizers.\n\n\n\u201cThe influx of residents has made Sydney Olympic Park into a fully functioning suburb. There is a real sense of community here, and residents appreciate the benefits of living in the sporting and entertainment heartland of Sydney.\u201d\n\n\nThe Boomerang showroom is on the ground level of Ecove\u2019s One Australia Avenue building at Sydney Olympic Park. It will open daily from May 7 from 11am until 3pm.\n\n\nwww.boomerangtower.com.au\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/liveplayinvest-bukit-bintang", "title": "Live\u2026Play\u2026Invest in Bukit Bintang", "body": "\n\n\n\nLocated within Kuala Lumpur\u2019s world famous Golden Triangle, Bukit Bintang has become one of the coolest destinations in all of Southeast Asia. Everything from Malaysia International Fashion Week to the Malaysian F1 Grand Prix Pit Stop takes place here adding to Bukit Bintang\u2019s allure as a must-stay location. And while there are plenty of five-star hotels, residencies can be harder to come by despite growing demand. Of course, this also means its an ideal place to live or invest in.\n\n\nLive\u2026\n\u00a0\n\n\nThere are a few luxurious projects springing up in Bukit Bintang, but Dorsett Residences Bukit Bintang is by far and away the most promising. Operated by the renowned Dorsett hospitality brand, this luxury project promises residents distinctive living where the outstanding amenities are connected. Those amenities include fully furnished units, fitness facilities and valet parking.\n\n\n\u2026Play\u2026\n\n\nWith no shortage of retail centres, Bukit Bintang is one of Asia\u2019s premier shopping destinations. Tourists and locals frequent this area looking for everything from designer goods to boutique offerings. Those exhausted from shopping can head to Bintang Walk where there are countless trendy eateries and cafes serving up local favourites and international offerings.\n\n\n\u2026Invest\n\n\nThere are a number of factors that make Kuala Lumpur\u2019s prime residential real estate in neighbourhoods such as Bukit Bintang attractive. For starters, per square metre property prices for luxury units in central locations is far cheaper than in Singapore and surprisingly Bangkok. While there are stamp duties and other cooling measures in place, these are not necessarily a deterrent if you find the right property in the right location.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cIn terms of pricing, Kuala Lumpur is very attractive. And there is no restriction on the property tenure, so foreigners can buy a freehold property subject to price thresholds that vary for different states,\u201d Knight Frank Malaysia executive director of research and consultancy, Judy Ong, explained.\n\n\nFinal Thoughts on Bukit Bintang\u00a0\n\n\nThere really is a lot to love about Bukit Bintang. It is considered to be the heartbeat of Kuala Lumpur and is the one area expats and millennials strive to live. Developments such as Dorsett Residences Bukit Bintang are exciting since they offer the full-service, branded residential space many buyers now crave along with a wide range of modern amenities. Additionally, costs for prime residential real estate are relatively inexpensive at the moment, even in popular locations like Bukit Bintang. Whether you want a place to call home in Kuala Lumpur or simply want a smart investment, Bukit Bintang is worth considering.\n\n"} {"url": "https://www.dotproperty.com.my/blog/lomboks-future-remains-bright-people-look-enjoy-unrivaled-island-lifestyle", "title": "Lombok\u2019s future remains bright as more people look to enjoy its unrivaled island lifestyle", "body": "\n\nAnyone who has ever visited Lombok speaks glowingly of the island\u2019s pristine beaches, laidback lifestyle and unspoiled beauty. Prior to the COVID-19 pandemic, it was the property investment and holiday destination for those in the know. And in the world of the \u201cNew Normal\u201d, the appeal of Lombok will only grow.\n\n\n\u201cLombok was made for social distancing. Lombok is still a place where you can find a long white sand beach all to yourself, and you certainly will not be entering a crowded office here. And there is no need to live within the confines of a small apartment, think a spacious villa for you and your family,\u201d Tom Merrett, Founder of Reef Property Lombok, explains.\n\n\nMerrett notes that 2020 was altogether a positive year for the Lombok property market, but one trend in particular sticks out. The pandemic has sped up acceptance of flexible and remote working and this has had an immediate impact on the local real estate market.\n\n\n\u201cWe have seen increased demand from buyers looking for land and villas that are suitable for second homes. Suddenly, Lombok is not seen as just a place for a \u2018holiday home\u2019 but a location for a true second home for overseas purchasers to use for leisure and work,\u201d Merrett states.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe relaxed lifestyle is what first drew Merrett to Indonesia in the first place. The real estate industry veteran had a successful career in Australia with Colliers International and Savills before eventually settling in \nLombok\n and starting his agency, Reef Property Lombok.\n\n\n\u201cI had been a regular visitor to Lombok for 15 years and decided to set up Reef Property Lombok in 2016 to fill a gap in the market for professional real estate advice,\u201d Lombok says. \u201cMy background is in Commercial Property so I felt I could bring a more wholistic approach to providing advice to both pure investors as well as more lifestyle-orientated purchasers.\u201d\n\n\nA look at Lombok\n\n\nThe Reef Property Lombok team consists of Tom Merrett (right) and Lucy Elliott (left)\n\n\nBali has long been the premier property and holiday destination in \nIndonesia\n having built a global reputation. However, the government has worked to promote Lombok over the past decade while carrying out work on key infrastructure projects.\n\n\nOf course, promoting Lombok wasn\u2019t all that difficult. The seemingly an endless supply of white sand beaches featuring sparkling, bluish green waters made it anyone who saw photos of the island want to visit. Perhaps the only thing stopping more people from going there prior to 2011 was the journey.\n\n\nHowever, the opening of Lombok International Airport almost a decade ago proved to be the shot in the arm the island needed. These days there are now direct connections to Singapore, Perthand Kuala Lumpur from Lombok. There are also numerous flights between Bali and Lombok. This journey takes roughly 30 minutes and numerous carriers serve the route while those coming from further afield will need to transit through \nBali\n.\n\n\nGetting there now is easier said than done and travel restrictions remain the biggest challenge for Lombok this year. While expats from Europe have returned, other key markets for the island remain closed.\n\n\n\u201cLimited travel from Hong Kong and Singapore may have some impact on the property market here. While we have seen plenty of buyers entering Indonesia in recent months largely from Europe, expat buyers from Asia are traditionally strong markets for Lombok,\u201d Merrett reports. \u201cAlthough once those buyers from do start to come back, I think we will see an immediate rise in pricing due to the pent-up demand.\u201d\n\n\nA bright future\n\n\nThe amazing view from Villa Strata, one of Lombok\u2019s most striking residences\n\n\nLombok may not have been immune from the COVID-19 pandemic but the market has already recovered. This may be surprising on the surface. However, it actually makes a lot of sense when you think about it.\n\n\n\u201cI must admit I thought the travel restrictions would slow transactions, and they did briefly, but as we come to the end of the year it clearly has been a record year of sales for us at Reef Property. From July we saw the market roar back into life especially with buyers from Europe traveling more freely,\u201d Merrett says.\n\n\nHe continues, \u201cPeople seem to be coming to the realization that if you do not need to spend all your time in a big city. Why not spend your time somewhere that is not only far more affordable, but also offers an upgrade in your lifestyle?\u201d\n\n\nInvesting in Lombok now, regardless of your reason, also presents a unique opportunity as the island transforms into one of Southeast Asia\u2019s leading property and holiday destinations. Seeing the Lombok market mature is one of the things Merrett is most excited about.\n\n\nVilla Strata is close to the famous Tanjung Aan Beach\n\n\n\u201cLombok is evolving from a place that was dominated by land speculation to a location where people are developing high end villas and boutique rental accommodation. Seeing high quality construction projects underway has been the biggest change recently and I am excited to see the results of some of these impressive designs,\u201d Merrett points out. \u201cThese higher-end projects are also leading to the opening of new restaurants, beach clubs and retail in and around the Kuta area in South Lombok. The dining scene has changed dramatically in the last couple of years and we are excited about what 2021 will bring.\u201d\n\n\nAnother exciting change are the improvements the government is making as it relates to foreign investment. For overseas buyers, investing in Indonesian property has never been easier.\n\n\n\u201cThe simplifying of foreign company (PT PMA) set up laws and legal processes makes it much easier and quicker for foreign buyers to put in place the necessary legal frameworks to invest in Indonesian property,\u201d Merrett states. \u201cFurther streamlining of these systems, which are expected, will have a significant effect on increasing foreign investment into Lombok and Indonesia in general.\u201d\n\n\nA true gem\n\n\nBeachfront Dune Villas at Amber come with direct access to the beach\n\n\nFor those who choose to buy real estate in Lombok, they are getting much more than a property. This your chance to live in an island paradise and enjoy a lifestyle you probably dream about. It\u2019s something Merrett experiences on a daily basis and recommends to just about everyone.\n\n\n\u201cLombok for me is the perfect balance of that dream remote island lifestyle while still being totally accessible. I can go for a jog 20 minutes from my house and feel I am in the middle of nowhere and return to town for dinner with friends in a top-quality restaurant,\u201d Merrett details. \u201cI would recommend Lombok to all active and fun-loving people. Lombok is particularly popular with young couples and families who love the outdoors; kids absolutely love it here.\u201d\n\n\nThere is more to buying a Lombok property than the lifestyle. From a financial perspective, it also makes a lot of sense. An undersupplied market seeing growing demand means investors will be well positioned to see strong returns and capital appreciation.\n\n\n\u201cIn terms of the property market I would recommend it to people seeking a relaxed lifestyle, good value and a high yielding investment,\u201d Merrett notes. \u201cLombok has an undersupply of villas, so if you have accommodation here you are set to benefit from the strong rental income for the foreseeable future and likely some strong capital gain.\u201d\n\n\nFor more information on Reef Property Lombok, visit\n: \nreefpropertylombok.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/london-2-bed-rents-to-top-2k", "title": "London 2-bed rents to top \u00a32K", "body": "\n\n\n\nAverage monthly rents for London two-bedroom homes will top \u00a32,000 by the end of September according to London-based residential real estate agency Portico.\n\n\nAccording to its \nLondon Rental Market Report Q1 2016\n, the average rent for a two-bedroom home in London now stands at \u00a31,867 per calendar month (pcm), a two percent increase from the beginning of the year.\n\n\nGiven that tenancies which start in September are typically 11 percent higher than tenancies that start in December, Portico has predicted that two-bed rents will reach \u00a32,008 pcm by September this year. And with two people sharing the cost of a two-bedroom home \u2013 i.e. \u00a31,004 pcm \u2013 this shared rent figure will consume 46 percent of the average London monthly net salary.\n\n\nThe \nPortico London Rental Market Report Q1 2016\n highlighted that Ealing in West London has seen the largest increase in rent \u2013 at 6.9 percent \u2013 with rents for a two-bed home now at \u00a31,825 pcm. This was followed by Richmond-upon-Thames with a 6 percent increase (average two-bed rent now at \u00a31,934 pcm) and Lambeth, with a 5.8 percent increase (average two-bed rent now at \u00a32,051 pcm).\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHowever average rents have reduced for two-bed homes across seven London boroughs, including two boroughs in Prime Central London. Rents in both Westminster and Kensington & Chelsea have reduced by 5.7 percent and 1.1 percent, respectively.\n\n\nBromley has experienced the greatest decline in monthly rents for all properties, with a reduction of 6.3 percent during Q1 followed by Hillingdon at 4.4 percent and Kingston-upon-Thames at 4.1 percent.\n\n\nRobert Nichols, Managing Director, Portico, commenting on this latest report, said: \u201cThe majority of London boroughs are seeing rent increases anywhere from one to almost seven percent. For landlords who may be feeling under particular pressure given government announcements, this may provide some welcome news.\n\n\n\u201cBut our latest report also shows some significant rent drops. Bromley is down over six percent with Kingston and Hillingdon also experiencing four percent reductions. All in all, these declines won\u2019t prevent the average two-bed rent tipping over the \u00a32,000 mark later this year.\u201d\n\n\nThe \nPortico London Rental Market Report Q1 2016\n is published every quarter and focuses on the two-bedroom market as a major indicator of London rental market health.\n\n"} {"url": "https://www.dotproperty.com.my/blog/london-apartments-rival-hotels", "title": "London apartments rival hotels", "body": "\n\n\n\nThe number of London apartment buildings with lifestyle facilities that rival four- and five-star hotels has risen dramatically over the last 10 years.\n\n\nFrom their original heartland in Knightsbridge, these luxury buildings have expanded their presence across Central London. In the eight inner-most districts there are now 38 buildings providing some 4,000 hotel-style apartments.\n\n\nDevelopers seeking record-breaking prices are delivering exceptional levels of luxury and service. This luxury apartment market has the potential to provide serious competition for the serviced flat and hotel sectors. These are just some of the findings of a new report from leading estate agent Kay & Co.\n\n\nThe \u2018New Apartment Buildings Rival Luxury Hotels\u2019 report was commissioned by Kay & Co with data analysis undertaken by Dataloft, the market intelligence group. It used Land Registry, Kay & Co data and local market intelligence to analyse more than 4,000 prestige apartments built in Prime Central London over the last decade.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIn order to quantify this market the report devised a hotel-style star-rating system for the new PCL developments. Ten lifestyle criteria were used to award points to developments based upon the presence of certain features and amenities. The star-rating criteria had a maximum of 50 points.\n\n\nA one-star development scored under five points and provided a concierge and good local amenities. A two-star scored between five and 14 points and benefited from a concierge, parking and local amenities. A three-star scored between 15 and 24 points with concierge, outside space and local amenities. A four-star scored between 25 and 34 points providing concierge, outside space, local amenities, gym/spa and/or business suite. A five-star scored between 35-50 points providing concierge, outside space, gym/spa, cinema, wine cellar and swimming pool. The report mapped 38 developments: 10 were allocated five stars; nine were given four stars; 10 had three stars; seven achieved two stars and two got just one star.\n\n\nThe four- and five-star developments were historically clustered in Knightsbridge, then expanded into Mayfair and Belgravia. However in recent years developers have delivered ultra-prime products in Fitzrovia, Westminster, Bayswater, Marylebone and the Hyde Park Estate. The number of four- and five-star rated developments has risen dramatically.\n\n\nThere are now 1,083 5-star rated apartments in London with a combined value of more than \u00a32.4 billion. The proportion of apartments achieving these top grades has risen steeply in the last 18 months from 60 percent to 74 percent of all new PCL developments. More five-star apartments are due to be completed in 2015 and 2016 than in the 10 previous years combined.\n\n\nThe report highligheds that the focus of luxury pipeline development is along the Northern and Western boundaries of London\u2019s West End. Some 81 percent of allfive5-star apartments scheduled for completion in 2015 and 2016 are in Fitrovia or Marylebone, and some of the most recent luxury projects unveiled or in the pipeline are in the Hyde Park Estate and Bayswater.\n\n\nAn analysis of London\u2019s top-10 five-star developments also underlined the expansion of the hotel-style apartment concept outside of its historic Knightsbridge heartland. Whilst, perhaps unsurprisingly, the report\u2019s top two developments with the highest amenity scores are One Hyde Park and The Knightsbridge, other projects in the top-10 include The Chilterns and Chiltern Place, both in Marylebone; Riverwalk in Westminster; and Rathbone Square and Fitzroy Place, both in Fitzrovia.\n\n\nThe report also revealed there has been a significant lack of new luxury apartment development in Chelsea and Kensington. Of the 38 developments reviewed in the report, only two are in Chelsea proper, with two \u2013 Chelsea Barracks and Grosvenor Waterside \u2013 being on the border with Pimlico. There is also an emerging \u201cNorth-South divide\u201d across central London in terms of types of apartment offering. To the South, there is a swathe of one-, two- and three-star apartment buildings running parallel to the river from Chelsea to Westminster. To the North there is an arc of four- and five\u2013star buildings running from Knightsbridge, via Bayswater and the Hyde Park Estate, to Marylebone and Fitzrovia.\n\n\nThe presence of Royal Parks near to five-star rated apartment buildings is notable. Of the ten developments rated five-star in the report, eight are in the vicinity of either The Regent\u2019s Park or Hyde Park. The south of Hyde Park is home to a cluster of five star developments such as The Knightsbridge, Lancelot Place and One Hyde Park whilst the popularity of Fitzrovia, the Hyde Park Estate and Marylebone may, in part, be attributed to their easy access to parkland.\n\n\nThe report highlighted the rise in global wealth has resulted in a demand for lateral apartments with hotel style facilities by international investors from the Middle East, Asia and Africa. Many wealthy overseas buyers are used to hotel style apartments in their domestic countries and want to acquire the same product in London. The success of projects such as The Knightsbridge and One Hyde Park has encouraged developers to stretch the boundaries of specification, amenities and pricing to offer not just a home but a lifestyle.\n\n\nAs a result, prices paid for new build apartments in central London has increased at an astonishing rate. The average price of a hotel-style apartment in PCL has risen 341 percent from \u00a3511,000 in 2009 to \u00a32.25 million in 2014-15. New apartments with hotel type amenities now sell at a 62 percent price premium compared to second-hand conventional apartments.\n\n\nThree key conclusions can be drawn from the report. Firstly, this new generation of luxury apartments has the potential to cut across the serviced apartment and traditional hotel sectors. Over the last few years global economic turbulence has driven some ultra-high-net-worth investors to mortgage their luxury four- and five-star rated apartments, release cash from them, and place them on the rental market in order to generate income. This has the potential to compete with the existing serviced apartment and luxury hotel markets.\n\n\nSecondly, these new apartments are creating a new style of city living, where residents have access to concierge facilities, gyms, swimming pools, spas, retail outlets, in-room dining and valet parking. Thirdly, success is driving expansion of these projects into new areas to the North of London\u2019s West End creating a new prime London region. Over the next five years we can expect to see more three-, four- and five-star rated projects in Euston, Kings Cross and Paddington.\n\n\nMartin Bikhit, Managing Director of Kay & Co, said: \u201cGo back a decade and there were around half a dozen luxury apartment buildings with hotel style amenities most associated with Knightsbridge. Now global demand, rising prices and excellent developer standards have resulted in a huge expansion of this hotel style apartment offering.\n\n\n\u201cThere are now some 4,000 of these apartments, 1,083 five-star rated, located across eight Central London districts. A key trend has been an emergence of these projects to the North of the West End in locations including Marylebone, the Hyde Park Estate, Bayswater and Fitzrovia. This is in the heart of our operating area.\n\n\n\u201cOver the next five years we can expect to see more three-, four- and five-star rated projects in locations including Euston, Kings Cross and Paddington. A new prime London region is emerging.\u201d\n\n\nwww.kayandco.com\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/london-heights-international-names-dot-property-principle-marketing-partner-thailand", "title": "London Heights International names Dot Property as principle marketing partner in Thailand", "body": "\n\nDot Property CEO Matthew Campbell (far left) with the management teams from London Heights International and Trivelles International.\n\n\nRespected UK-based property consultancy London Heights International has named Dot Property, a LIFULL CONNECT company, as its principle marketing partner in Thailand. The move is another milestone for London Heights International in the Kingdom after it recently opened a permanent Bangkok office. \n\u00a0\n\n\nThe agreement will see Dot Property organise a series of events throughout Thailand in 2019 including the first UK property seminars in Phuket and Pattaya designed exclusively for agents. This is in addition to several other marketing opportunities. As Southeast Asia\u2019s leading real estate marketplace, Dot Property is uniquely positioned to assist London Heights International in reaching a bespoke audience of both investors and real estate agents.\u00a0\u00a0\u00a0 \n\n\n\u201cApart from the exceptional service that we receive, Dot Property is already a very successful international service provider who furnished us with the customised platform we essentially required in order to meet our targeted audience here in Bangkok,\u201d Khan, London Heights International Global Head, Sales & Marketing, explained. \u201cApart from their own growing strength in Southeast Asia, they have recently joined an expanded global network that has collectively become the largest online real estate aggregator in the world, LIFULL CONNECT.\u201d\n\n\nThe next London Heights International event being organised by Dot Property is a UK property seminar exclusively for agents in May in Bangkok. Real estate agents will have a chance to gain a much better understanding of the UK market as well as learn more about the current benefits of representing UK properties.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cFor starters, we give you valuable information and credible forecasts on the UK property markets, which is followed by a detailed presentation of our carefully structured, affordable yet highly rewarding modes of investments,\u201d Khan stated. \u201cWith our vast experience, we are flexible to your needs, which is why dealing with us is sincerely enjoyable. We are also very generous in giving extensive training to local agents and we offer the most attractive commissions to agents as well as the highest returns for investors in this market as a UK developer. We understand the local investor\u2019s needs for diversification and have a wide ranging portfolio to reflect that.\u201d\n\n\nLondon Heights International has a proven track record in Thailand having sold properties in the country for several years. Due to strong demand and positive feedback from existing clients, the company wanted to have a permanent presence in the country. These efforts included the opening of an office and sales gallery in Bangkok as well as reaching an agreement with Dot Property to be its principle marketing partner in Thailand.\n\n\nA recent London Heights International UK property seminar in Bangkok\n\n\n\u201cWe have 65 percent repeat business in Thailand. Which is why we are based permanently here with a very welcoming sales gallery, to service everyone better. I believe local property agents should attend our upcoming nationwide agent seminars or look us up right away through Dot Property and this includes real estate investors too. We have the highest yielding yet most secured investment opportunities ranging anywhere from THB1 million to THB100 million Baht, just book an appointment via Dot Property,\u201d Khan noted.\n\n\nSee more:\n \nLondon Heights Intenational gives local real estate agents an exclusive look at the Birmingham property market\n\n\nAs a Southeast Asia\u2019s leading real estate marketplace, Dot Property provides a full suite of marketing tools that will be customised to assist London Heights International\u2019s goals in Thailand. In addition to the UK property seminars, London Heights International and Dot Property will collaborate on several other projects in 2019. These are set to be announced in the near future.\n\n\n\u201cDot Property is delighted to be London Heights International\u2019s principle marketing partner in Thailand. This exciting arrangement allows us to leverage our breadth of marketing capabilities and expanded reach as a LIFULL CONNECT company to help London Heights International fulfil its ambitions in Thailand,\u201d Adam Sutcliffe, Director of Events and International Markets at Dot Property, said.\n\n"} {"url": "https://www.dotproperty.com.my/blog/london-lobbys-art-showcase", "title": "London lobby\u2019s art showcase", "body": "\n\n\n\nFrogmore & Galliard Homes has unveiled the new David Bailey art gallery lobby at The Chilterns in Marylebone \u2013 the first London art gallery in a private luxury apartment building.\n\n\nThe new lobby showcases specially commissioned works by world renowned photographer David Bailey. (\nsee below\n).\n\n\nDeveloped by Frogmore, Galliard Homes & CJ O Shea, The Chilterns at 24 Paddington Street provides 44 luxury residences designed by world-renowned architects Squire & Partners, and with specification and interior design by international designer Rabih Hage.\n\n\nThe new art gallery forms part of the striking lobby of the building; created in association with David Bailey, and it is one of the most exciting and unique features of The Chilterns. The new art space consists of a main lobby area leading into a long gallery, specially designed to showcase David Bailey\u2019s work, with sleek white walls, polished floors and a 16 ft high ceiling. The lighting scheme is highly advanced with a combination of mood lighting and ceiling directional lights with powerful beams which illuminate Bailey\u2019s artwork.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPersonally curated by David Bailey, the new gallery displays 19 new large scale pieces by David Bailey, creating a showcase of his work in the lobby where it will remain in perpetuity for all the residents and guests of The Chilterns to enjoy.\n\n\nThe developers wanted to create a foyer in the building which served as both a private art gallery for residents and a striking entrance to this most luxurious of buildings. They wanted to commission artwork for the foyer from an artist who \u201cpersonified London\u201d and there was really only one man to court: David Bailey.\n\n\nOne of the developers, Stephen Conway, Chief Executive Officer of Galliard Homes, met with David Bailey at his studio and they swapped stories of the London\u2019s East End in the 1960s (where both grew up) which involved a chat about who was \u201charder up\u201d back then.\n\n\nDavid Bailey liked the commission concept and saw the potential. To produce his take on Marylebone and Chiltern Street, with the project starting a good year before the now famous Chiltern Firehouse Hotel opened its doors.\n\n\nBailey took 46 photographs of the locale, one each for each apartment resident and the 19 large scale pieces to be displayed in the new art gallery lobby.\u00a0 The work includes views of Regency architecture, the BBC HQ, Baker Street Underground Station, Regent\u2019s Park and the boating lake. The David Bailey images for The Chilterns gallery document an area undergoing massive change, but with the eye of a true master \u2013 display moments in time that could be from any of the last 200 years in this famous enclave.\n\n\nThe 46 specially commissioned photos have also been developed into a book. Each owner of an apartment at The Chilterns will be given a framed original David Bailey print from this series, together with a copy of the book.\n\n\nCommenting on the project Bailey said: \u201cTo write about Marylebone you must live there. It is easy for me to write about the East End, but I know hardly anything about Marylebone. It first came to my attention because of my fascination with books. Daunts bookshop was my introduction to the area, did it mean more people read books in Marylebone than East Ham? The next connection was The Wallace Collection. I never thought of it being anywhere but behind Selfridges with its wonderful clock.\u201d\n\n\nHe added: \u201cMarylebone seems to have an abundance of goodies from a great fish and chip shop to Wigmore Hall, Damien Hirst\u2019s office and shop. In fact the full gambit. The best way to see a place is to photograph it. You don\u2019t always see a place, a person, a park until you look at a photograph. So the new collection of work at The Chilterns provides my modest look at Marylebone. Keep looking until you really begin to see.\u201d\n\n\nStephen Conway, Chief Executive Officer of Galliard Homes, said: \u201cThis is the first London art gallery with works by a world renowned photographer to be showcased within a private residential development, featuring specially commissioned works by international photographer David Bailey. The new art gallery lobby is one of the most exciting and unique features of The Chilterns. The project highlights the close interplay between London\u2019s luxury property sector and the art world. New buildings and homes have spaces ideal for artwork, so new developments like this help to drive the market for new works of art and important existing pieces.\u201d\n\n\nThe new mixed-use building at The Chilterns provides landmark architecture within a contemporary seven-storey glass and stone fa\u00e7ade. Details include a striking stepped roofline, floor to ceiling windows with sun-shielding feature louvres, rooftop terraces and glass-fronted balconies.\n\n\nAlongside the 44 luxury residences there will be a new signature restaurant; private gymnasium and sauna; private cinema; wine cellars with wine tasting room; underground parking and 24-hour hotel style concierge: forming the finest new address in London\u2019s West End.\n\n\nThe residences at The Chilterns were launched in October 2013 and rapidly sold off-plan. Now with The Chilterns more than 95% build complete, the final phase of three residences have been released for sale with prices starting from \u00a33.8 million. Final build completion scheduled for the summer of 2016 when the new apartment building and David Bailey art gallery will be opened and ready for residents and visitors to view.\n\n\nwww.TheChilternsW1.com\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/london-property-investment-london-now", "title": "London property investment \u2013 why London, why now?", "body": "\n\nThis article has been submitted by\u00a0Benham and Reeves, London property investment experts. Information about how you can speak with Benham and Reeves\u00a0representatives\u00a0can be found at the end of this article.\n\n\nLondon property has long been a safe haven for international investors, enjoying significant investment from the Middle East, the US and of course, South East Asia. And investors have reaped the rewards \u2013 the UK\u2019s Office of National Statistics reports that the average London house price was just over GBP 70,000 in 1988.\u00a0 Today it is GBP 476,000 \u2013 a 580 percent increase over 30 years.\n\n\nRental demand is strong, with renting becoming the norm amongst Londoners \u2013 one third now live in private, rented accommodation and this is predicted to rise to 60 percent by 2025. Yet demand continues to outstrip supply and this shortage of homes provides a real opportunity for investors.\n\n\nLondon is a global hub for finance, tourism, business and education. But it is a complex city, with rental demand varying between areas and multiple factors affecting local property values.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSo expert, local knowledge is essential for successful investment.\n\n\nThere will be an increase in demand for rental units in London.\n\n\nYou need to know where to invest and what type of property is most sought-after. You may believe Zone 1 is the best location but prohibitive property prices in traditional areas like Knightsbridge mean rental yields are low \u2013 around 2 percent.\n\n\nRental hotspots now are Zones 3 and 4 where purchase prices are lower, yet rental demand is high due to major regeneration schemes and new transport links. Nine Elms (home to the famous Battersea Power Station) and east London are well known, where typical yields are 3-5 percent.\n\n\nSo you need to do your homework, or work with property investment specialists who know London in depth.\n\n\nWhy us?\n\n\nBenham and Reeves is a name synonymous with successful property sales and rental investment in London for over 60 years. With 17 branches (mainly located near or within popular property developments), we are one of central London\u2019s oldest independent property rental/leasing companies, offering services from advice on where to buy for best long-term investment potential, handover and furnishings to finding tenants and full property management.\n\n\nLast year, we let 3000 properties, worth GBP 1.75 billion, many to corporate tenants working for FTSE 100 and Fortune 500 companies.\n\n\nUnlike most London leasing agencies, we have offices across Southeast Asia \u2013 in China, India, Hong Kong, Singapore and in Malaysia \u2013 staffed by experienced, tri-lingual professionals. We also have dedicated China and Japan desks in London.\n\n\nOur directors visit Southeast Asia regularly, updating clients on market news and giving talks to banks and financial organisations. We advise on where to invest, where rental demand is strongest and which areas are up-and-coming. We offer expert analysis of property trends, explain what it is happening to property values, the market\u2019s long-term outlook and influences including new transport links and the impact of the UK\u2019s exit from the European Union.\n\n\nAnyone interested in investment with no commitment needed \u2013 just a simple discussion on factors influencing the property market and how we might assist you with your investment plans \u2013 can contact Lynne Geeves at +65 6463 6026 or by email \n[email\u00a0protected]\n. For more information, go to \nwww.benhams.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/london-property-revival-makes-asean-investors-take-notice", "title": "London property revival makes ASEAN investors take notice", "body": "\n\nFor many Southeast Asian real estate investors, the search for overseas property begins and ends in London. The capital is seen as a safe bet, especially for Malaysian and Singaporean buyers. Interest for homes in England\u2019s capital has picked up and the market is experiencing a renaissance of sorts. Some experts are even calling this a\u00a0London property revival.\n\n\n\u201cThe London real estate market is currently enjoying a revival, with many new projects being offered to potential purchasers in Malaysia almost on a weekly basis. With this seemingly continuous supply, the potential purchaser is spoilt with choices,\u201d Francis Chua, Head of International Properties at Rahim & Co International, noted. \u201cHowever, as with all investments, there may be pitfalls. These range from overpriced units to poor quality finishes and irresponsible developers. We at Rahim & Co. vet developers carefully and only market property from selected reputable developers, thus ensuring our clients the best London has to offer.\u201d\n\n\nRahim & Co is helping market London projects in Malaysia while its partner, One Global, is doing the same in Singapore. Both firms are members of Leading Real Estate Companies of the World\u00ae, an invitation-only network of global agencies. Property investors from both Malaysia and Singapore appreciate the openness of the London market as well as the ability to buy numerous property types.\n\n\n\u201cUK has always attracted astute investors from all over the world, and the UK property market is one of the most open property markets available. Unlike some countries, qualified property investors are not restricted to what they are allowed to invest in, be it residential or commercial properties,\u201d Chua pointed out. \u201cFurthermore, the residential properties that are available to investors residing in Malaysia are not restricted to apartments only. They may also buy landed properties.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nLooking off-plan\n\n\nWestgate House in London\n\n\nIn terms of property types, Chua noted off-plan apartments are fueling the London property revival\u00a0due to the initial outlay being relatively small and full payment, usually serviced by loans from local banks, not being due until the apartment has been completed. This can significantly benefit investors regardless of if they are in it short or long term.\n\n\n\u201cAstute investors are attracted by the chance of capital gains upon handover, which may be a few years later. Coupled with a well-planned loan scheme, this investment provide very good return,\u201d Chua said. \u201cIf the purchaser then decides to retain the apartment after handover for rental returns, we can recommend very good property management companies which handle the tasks involved in the letting out of London properties for the owner.\u201d\n\n\nThere is more to it than investment in the London residential real estate market for many Malaysian and Singaporean buyers. The city holds a special place in the hearts of many people while the educational opportunities are also very important.\n\n\n\u201cEmotional returns in the form of enriched lifestyle of having a prestigious address in London are immeasurable. Providing a secure base for their children who study in London brings peace of mind to the client,\u201d Chua stated. \u201cThe possibility of capital gains on the property is an added bonus, whatever the reasons for the purchase.\u201d\n\n\nWestgate House in Ealing is one development popular with Rahim & Co\u2019s investor clients. It is in a strategic location near the future Elizabeth Line that will benefit from the Crossrail line that will improve London\u2019s public transit. There is strong potential for capital gains and high demand from tenants which all make the luxurious development an outstanding investment.\n\n\nStadia Three in suburban London\n\n\nStadia Three, an all-new development in Wimbledon, is another project being launched in Malaysia by Rahim & Co. Residents of Stadia Three are able to enjoy an active lifestyle as they benefit from the wonderful local amenities making it suitable for both investors and owner-occupiers. The project was well received during the launch in Malaysia proving once again London is in.\n\n\nThe good and bad of Brexit \n\n\nBrexit has certainly affected some segments of the London real estate market, but the impact hasn\u2019t been widespread. The negative effects were mostly evident in the high-end segment. Chua explained property prices fell by about 10 percent year-on-year in the Royal Borough of Kensington and Chelsea, one of London\u2019s most upscale districts. It is a different story in suburban areas of the capital where the London property revival is in full swing.\n\n\n\u201cThe price rises are found in the outer London boroughs. These properties attract the more discerning property buyer, and quite rightly so, due to the fact that they are more affordable and hence provide good value for the price paid,\u201d Chua noted.\n\n\nAs tenuous negotiations continue between the UK and EU, many observers are wondering how a hard Brexit would impact the London property market. According to Chua, the resultant immigration control may result in a softer rental market, but long term, a Britain that is able to trade on its own terms may have a positive impact on the economy and result in renewed confidence in property prices.\n\n\n\u201cWe believe that, independent of the possible effects of Brexit, which are speculative at best, if the property is chosen carefully, now would be a great time to invest in quality selections given the current pricing and the favourable exchange rate for most Southeast Asian currencies,\u201d Chua concluded.\n\n\nThis story on the\u00a0London property revival\u00a0can be found in Dot Property Magazine\u2019s Southeast Asia Wealth And Outbound Investment Report 2018.\n \nClick here to read it\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/london-tops-hk-for-office-prices", "title": "London tops HK for office prices", "body": "\n\n\n\nHong Kong\u2019s Central and West Kowloon ranked second and fifth respectively in a list of the world\u2019s most expensive office locations, according to CBRE Research\u2019s semi-annual Global Prime Office Occupancy Costs survey.\n\n\nBut it was London\u2019s West End overall prime occupancy costs that topped the list at US$ 273 per sq ft per year. Hong Kong (Central) followed in second place with prime occupancy costs of US$ 269 per sq ft per year. Beijing (Finance Street) at US$ 191 per sq ft per year, Beijing (CBD) at US$ 183 per sq ft per year, and Hong Kong (West Kowloon) at US$ 162 per sq ft per year, rounded out the top five.\n\n\nHong Kong (Central) remained the only market in the world \u2013 other than London\u2019s West End \u2013 with a prime occupancy cost exceeding US$ 200 per sq ft per annum however, there is some evidence that overseas financial services companies are resistant to continued high costs and may be seeking alternatives to a Hong Kong location.\n\n\nPrime occupancy costs \u2013 which reflect rent, plus local taxes and service charges \u2013 increased at a 2.4 percent annual pace globally as the world economy continued to gradually improve, and the service sector, a key bellwether for prime office space, entered its fourth year of expansion, driving healthy demand for space in top-quality properties.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPrime occupancy costs in Asia-Pacific increased by 1.9 percent year-over-year from 1.4 percent during Q1 2015 compared with 3.1 percent growth in the Americas and 2.2 percent growth in EMEA.\n\n\nDr. Henry Chin, Head of Research, CBRE Asia-Pacific, said, \u201cThe TMT sector continues to drive office leasing demand in Asia-Pacific, with healthy appetite for prime quality space in search for talents across the region.\n\n\n\u201cDomestic financial services companies will also remain the main drivers of leasing activity, although demand will likely moderate after several years of strong growth. Cost saving remains at the top of the occupier agenda with renewals being one of the main themes.\u201d\n\n\nCBRE tracks occupancy costs for prime office space in 126 markets around the globe. Of the top 50 \u2019most expensive\u2019 markets, Asia-Pacific had the most number of markets featured, with 20 markets ranked.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/londons-priciest-show-home", "title": "London\u2019s priciest show home", "body": "\n\n\n\nGalliard Homes, working with award-winning designer Nicola Fontanella (pictured) of Argent Design, has launched London\u2019s most unique, entertaining and most expensive residential property marketing suite for its latest development.\n\n\nThe Stage will be a \u00a3750 million transformation of a 2.3 acre site of William Shakespeare\u2019s Curtain Theatre into a new mixed use destination for London.\n\n\nBold and adventurous, The Stage marketing suite is a world away from a conventional sales portacabin. The new 8,000 sq ft on-site suite is located in the historic brick arches of a Victorian railway viaduct originally built in 1865 by engineer William Baker and opened by Queen Victoria as part of the North London Railway Line. It has been disused since 1986.\n\n\nLocated in Shoreditch, The Stage is designed around a new 1.28 acre public square that will showcase the sunken remains of Shakespeare\u2019s Tudor Curtain theatre. The development by Galliard Homes is a joint-venture with Cain Hoy, McCourt, Vanke and The Estate Office Shoreditch. The new square will be bordered by 400,000 sq ft of mixed-use space, including cafes, restaurants and shops with four striking new buildings \u2013 a 37-storey residential tower providing 412 private apartments and penthouses; two office buildings providing more than 257,000 sq ft of \u2018blue chip\u2019 commercial space and retail premises at ground level and a leisure/performing arts pavilion.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCurrently housing the new marketing suite, the railway viaduct \u2013 located on one side of the square \u2013 will be restored with the brick arches accommodating 9,000 sq ft of new shops and bars and the top of the viaduct landscaped into a park with a tea/coffee house.\n\n\nThe one-bedroom show apartment has an elegant living room with coffered ceiling, designed in the style of a Mayfair gentleman\u2019s club. Features include metallic grey bespoke cabinetry, housing a 55-inch plasma screen, complete with Chesterfield sofa in Herringbone fabric; a Missoni carpet with a West Country style weave; dog-tooth pattern jewel boxes, Colonial-style fanlights and British bulldog ornaments. The walls are dressed with pop-art illustrations in keeping with the D-Face collection. The open plan fully fitted designer kitchen/breakfast area is chic and stylish with contrasting textured tabacco wood and matt grey kitchen units, brushed steel plinths, quartz stone worktops and Miele integrated appliances.\n\n\nNicola Fontanella, Founding and Managing Director of Argent Design, said: \u201cThis is the most unique and entertaining lifestyle-come-marketing suite Argent has ever created. Combining historic Victorian brick arches with bespoke British contemporary furnishings and D-Face artwork to create the City of London\u2019s most electric destination.\u201d\n\n\nDavid Galman, Sales Director of Galliard Homes, added: \u201cIn our view this is the most outstanding marketing suite and the coolest show-apartment in London. For anyone interested in the capital\u2019s finest new homes our marketing suite is a \u201cmust see\u201d destination. The regeneration of this Shakespearean site will elevate the status of Shoreditch to that of the uber-cool Meatpacking district in downtown New York City.\u201d\n\n\nThe residential tower at The Stage will provide 412 luxurious studio, one-, two- and three-bedroom apartments and four-bedroom duplex penthouses. Main construction works for The Stage are anticipated to start next month with final build completion scheduled for Q1 2019.\n\n\nThe Stage launched for sales yesterday evening (Thursday) and prices start from \u00a3695,000.\n\n\nwww.thestageshoreditch.com\n\n\n\n\n\n\n\n\n\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/look-inspecting-resale-property", "title": "What to look for when inspecting a resale property", "body": "\n\n\n\nNew homes, especially condos, have grown in popularity over the past decade, but many people still prefer to buy resale property. There are various reasons for this. For example, it can be difficult to find new properties in specific areas. Additionally, some people just prefer buying a completed unit.\n\n\nWhen it comes to buying a resale property, the most important part of the process is the inspection. All resale property is bound to have some wear and tear, so don\u2019t be turned off if things aren\u2019t perfect. On the other hand, you do need to draw a line between what is reasonable to expect and what\u2019s over the top.\n\n\nThis is where the inspection comes in. Before you agree to buy a resale property, you are going to want to conduct a thorough inspection to make sure everything is in order. With that in mind, here are a few things you\u2019re going to want to look for.\n\n\nTips for resale property inspections\n\n\n1) Check the walls\n\n\nBe sure to inspect the walls, paying attention to two things. The first is cracks. The easiest way to tell a good property from a bad one is if the walls are cracking. While these cracks aren\u2019t usually dangerous, they do suggest the developer may have used average products during construction.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe second thing to keep an eye out for is paint. See if there is any paint cracking or chipping. This could be a sign that you\u2019ll need to repaint the property. Also, look for any pictures, mirrors or other oddly placed objects. The owner may be trying to cover up some sort of wall damage.\n\n\nSee more:\n \n3 small details that can add value to your condo unit\n\n\n2) Ask for past utilities bills\n\n\nThe utilities bill will provide you with some imperfect insights about the resale property you\u2019re inspecting. If the bill seems high, you\u2019ll want to investigate the windows, air conditioner and general layout to see what is causing this. Older windows or inefficient AC units may require replacing if they look to be the culprit.\n\n\nAnd if the bill seems cheap, dig a little deeper to see if there are any clues as to why this may be. Are there a lot of fans around? Does the AC unit look new? If you still have questions or concerns, you can always ask the owner for an explanation.\n\n\n3) Bring a second set of eyes\n\n\nNo matter how good of an inspector you think you are, it is always good to have a friend or significant other come with. Not only can they act as a secondary observer scanning for things you may have missed, but they\u2019ll also provide you with general feedback. Perhaps there was something they liked or disliked that you hadn\u2019t even thought of.\n\n\nLooking for resale property? \nStart your search on Dot Property today\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/looking-back-southeast-asias-breakthrough-developers-last-year", "title": "Looking back at Southeast Asia\u2019s breakthrough developers from last year", "body": "\n\nDOJI Land on stage at the Dot Property Southeast Asia Awards 2022\n\n\nIn order to be considered as one of Southeast Asia\u2019s breakthrough developers, firms must demonstrate the ability to innovate, elevate and establish themselves as a real estate leader. At last year\u2019s Dot Property Awards, several homebuilders joined these elite ranks.\n\n\nBut before we look back at Southeast Asia\u2019s breakthrough developers from last year, don\u2019t forget that entries are now open for the Dot Property Awards 2023. Do you have what it takes to be considered the best? Enter and find out. \nSubmit your entry today\n!\n\n\nSoutheast Asia\u2019s breakthrough developers in 2023\n\n\nDOJI LAND\n\n\nDOJI LAND is one of the more unique developers in Southeast Asia. It was founded by DOJI Gold & Gems Group, the country\u2019s leading name in jewelry and precious stones. That background is what drove the firm to focus exclusively on the luxury property segment when it launched a real estate business.\n\n\nDriven by a desire to create masterpieces that offer unsurpassed quality of life, the firm made its breakthrough in 2022 thanks in part to work on projects such as Sapphire Residence which is designed to produce one-of-a-kind beauty just like the precious gemstone it is named after. At the end of the day, luxury isn\u2019t simply a marketing tool for DOJI LAND but a mindset that inspires their developments. The firm was named Best Breakthrough Developer at the Dot Property Southeast Asia Awards 2022.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRelated:\n \nDOJI LAND creates architectural treasures with artistic value to break through\n\n\nFulcrum Ventures Asia Group\n\n\nFulcrum Ventures Asia Group at the Dot Property Thailand Awards 2022\n\n\nFor Fulcrum Ventures Asia Group, the past 12 months have been a time of growth and success. The firm built on its previous accomplishments to truly breakthrough as a housing developer in 2022. From the impressive launch of\u00a0\nPanara Bangna-Suvarnabhumi\n\u00a0to its thoughtful home designs, Fulcrum Ventures Asia Group has really elevated its operations.\n\n\nThis hard work did not go unnoticed. The homebuilder was presented with Best Breakthrough Housing Developer at the Dot Property Thailand Awards 2022. It was a special moment for Fulcrum Ventures Asia Group, who have put in a lot of effort over a short amount of time.\n\n\nWatch: \nFulcrum Ventures Asia Group makes its breakthrough as a Bangkok housing developer\n\n\nRLC Residences\n\n\nThe team from RLC Residences celebrates at the Dot Property Philippines Awards\n\n\nRLC Residences took the next step in its journey to become a leading developer by picking up eight honors at the Dot Property Philippines Awards 2022. This success stems from its \u2018Raise Live Connect\u2019 philosophy that aspires to elevate the entire experience for its homebuyers and residents. The developer aims to create places where people can flourish and that is one of the reasons it was presented with the Special Recognition Award for Community Building.\n\n\nThat work, alongside numerous sustainability and eco-friendly initiatives, helped RLC Residences win Best Developer Sustainable Living at the Dot Property Philippines Awards 2022. Elsewhere in the developer categories, the firm scooped up Best Developer Metro Manila.\n\n\nKeep Reading:\n \nRLC Residences shines at the Dot Property Philippines Awards\n\n\nGarden Atlas Development\n\n\nGarden Atlas Awards won two honors at the Dot Property Thailand Awards 2022\n\n\nThere is no doubt that 2022 will forever be remembered as a big year for Garden Atlas Development. The Phuket-based homebuilder earned much-deserved recognition at the Dot Property Thailand Awards, taking home the honors for Best Breakthrough Developer Phuket and Best Luxury Villa Architectural Design Phuket.\n\n\nThe accolades mean a great deal for the firm who has dedicated its time and energy to craft a one-of-a-kind villa development in Phuket that provides exclusivity and comfort in style. It took a lot of hard work to reach this moment, but it paid off in the end. Ultimately, success at the Dot Property Thailand Awards 2022 will inspire the Garden Atlas team to reach even greater heights in the future.\n\n\nLearn More:\n \nGarden Atlas Development makes a name for itself through amazing design\n\n\nDo you have what it takes to join the winners\u2019 kist this year? Dot Property Awards 2023 presentation ceremonies are scheduled for Vietnam in July, Thailand in August, the Philippines in September and Southeast Asia in December.\u00a0\nSubmit your entry today\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/looking-beyond-london-3-english-cities-smart-investors-considering", "title": "Looking beyond London: 3 English cities smart investors are considering", "body": "\n\n\n\nLondon is still a prime destination for real estate investment, but savvy investors are looking beyond the English capital in search of better rental yields. Not only are prices cheaper outside of London, but demand for rental homes remains strong in several cities. There are a number of non-London\u00a0English cities smart investors are considering\n\n\nBrexit has been a source of concern for some investors, but those from Southeast Asia view this time as an opportunity. With the pound falling against most regional currencies, real estate prices are more affordable than in the past. There was an initial rush on London property in the aftermath of Brexit, but more buyers are now looking beyond the capital. Here are three English cities smart investors are considering.\n\n\nManchester\n\n\nBest known for its football clubs, Manchester is also the biggest technology hub and creative centre outside of London. Young professionals from across the UK are moving here, and not London, because of its affordability and lifestyle.\n\n\nFor investors, the city is providing outstanding rental yields. \nIP Global found that Manchester boasted the highest rental yields in the UK at 6.02 percent\n. The real estate market shows no signs of slowing down with employment expected to increase in the coming years.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nClick here to see Manchester property for sale\n\n\nLiverpool\n\n\nThe city most famous for \u2018The Beatles\u2019 is developing a reputation as a property investment hotspot. Liverpool is home to the second highest rental yields in the UK. The 5.16 percent returns are significantly higher than what\u2019s available in most London districts at the moment.\n\n\nAdditionally, a large student population makes Liverpool an ideal location for those investors wanting to leverage the education boom. More than 50,000 university students are studying in Liverpool with properties catering to the unique needs of this segment in high demand.\n\n\nSheffield\n\n\nMany experts are predicting that Sheffield will be the UK\u2019s next big property market. At the moment, the city has a significant housing shortage. The lack of modern, new-build developments, in particular, is noticeable despite there being a strong demand for units in this segment.\n\n\nOne of the few new-build projects in the pipeline is \nGreat Central\n\u00a0from Knight Knox and Qualis Developments. The fully-furnished units come fitted with everything residents could want. The development itself is located near the centre of Sheffield in an area very popular with the city\u2019s growing number of young professionals.\n\n\nFind a UK investment property today\n\n"} {"url": "https://www.dotproperty.com.my/blog/looking-chiang-mai-property-market-can-find-best-price", "title": "Looking at the Chiang Mai property market and how you can find the best price", "body": "\n\nThe Chiang Mai property market was hit but COVID-19 but many sellers aren't actively discounting prices\n\n\nThe past 12 months have been challenging for the real estate sector in Thailand. When it comes to the Chiang Mai property market, rentals have been hit the hardest although sales have been slower than previous years. Unlike in Bangkok and other tourist destinations, sellers haven\u2019t been in a rush to move their real estate.\n\n\n\u201cThe sales market hasn\u2019t really seen a big difference in pricing as sellers are fine waiting it out hoping prices rebound to previous levels. Buying in general has declined, but not as much as the rental market. There is a small amount of people who have lowered their prices significantly,\u201d Alex Amarre, Managing Director at 66 Property, states. \u201cAdditionally, the Chiang Mai property market was slowed down by the second wave of COVID-19.\u201d\n\n\nLooking ahead to 2021, some buyers have reemerged looking to scoop up properties at a discount. This group has encountered a few roadblocks as many sellers are either waiting on the sidelines or wanting buyers to make the first move.\n\n\n\u201cWe think the Chiang Mai property market in 2021 will still be suppressed, but there are already people out there looking for good deals. Unfortunately, the best deals are not advertised,\u201d Amarre notes. \u201cThe best strategy is to find a property you are interested in and then negotiate hard. This is the advice that we give our clients who are looking to buy and the usually find good deals.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhy Chiang Mai and where should you look?\n\n\nThe things people still love about Chiang Mai remain. The high quality of life, laidback lifestyle and unique culture are all there. In many ways, it is perfectly suited for retirement or remote working. However, the shine of the city has lost some luster over the past few years.\n\n\nThat\u2019s because Chiang Mai has received a lot of bad press due to pollution and traffic problems. It\u2019s also not uncommon to hear grumpy expats moaning about how the city has \u201csold out\u201d. Amarre believes that while a few issues do exist, Chiang Mai remains one of the coolest places around.\n\n\n\u201cThe smoke can be an issue, but the quality of life in Chiang Mai is very high. I think buying a home to live in and then traveling for three months of the year is the way to go. That is what most Chiang Mai expats do,\u201d Amarre said.\n\n\nWhen looking for a home in Chiang Mai, it is important to know what type of neighborhood ambiance you want. Amarre noted that when it comes to city living, Nimman is still his favorite place with Santitham being a great alternative. Those looking to move to the city for retirement or wanting to build a house may want to consider other areas.\n\n\n\u201cIf you are looking to buy a house for retirement, I would recommend Nam Phrae in the Hang Dong area. You could look at Maerim as well. Those are definitely the best choices for relaxed local living,\u201d Amarre reported. \u201cIf you are looking to buy or build a house, I would suggest Chang Kian or Pong Noi area.\u201d\n\n\n66 Property is a Chiang Mai property market leader\n\n\n66 Property\n has become a leader in the Chiang Mai property market despite being around for only a few years. The agency has focused on improving real estate processes, \nsuch as providing virtual tours\n, in order to meet the everchanging needs of clients. It\u2019s all part of the company\u2019s goal to improve the property sector as a whole.\n\n\n\u201cWe aim for the top and then some and intend to work towards solving real issues in the real estate market. Not just in Chiang Mai, but all of Thailand,\u201d Amarre said. \u201cWe will accomplish this through hard work and being honest in our dealings.\u201d\n\n\nTo learn more about the Chiang Mai property market and 66 Property, please visit: \nhttps://66property.com/\n\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/lucrative-short-term-lettings", "title": "How lucrative are short term lettings?", "body": "\n\n\n\nShort terms generate higher rents than long term tenancies but there are reasons for this. \u00a0\n\n\nRecently we discussed the varying attitudes of \nAirbnb in Malaysia.\n\u00a0With different laws across the country, Malaysia is fairly relaxed to this online platform. Whereas some countries, such as Singapore, are trying to discourage the operation of Airbnb by placing restrictions on short term lettings.\n\n\nAs a landlord in Malaysia \u2013 assuming that you are located in an area that permits short term lettings \u2013 leasing out your property on a short term basis is a lucrative option. Plus it could widen your net to prospective tenants too by including holidaymakers. After all you want to generate the best rental yield that you can. However there are a few points that you need to consider with short term lettings that are not applicable for longer term tenancies. (Note long term tenancies are usually anything over six months.)\n\n\nSo before you set up your Airbnb host profile, remember the following about short term lettings:\n\n\n1. Longer void periods are expected.\n\n\nThe appeal of a long term tenancy is that it is guaranteed how long the property is let for. Whereas for a short term let the money may roll in thick and fast but there are likely to be times when the property is left empty with no income being generated. Project the rent over the course of the year and account for a void period in order to see which is the better option for you.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n2. Management heavy.\n\n\nShort term lets are labour intensive. It is fine if your sole job is to look after the property but if this is a sideline on top of your day-to-day job then you may find you don\u2019t have time to deal with short term lets. Therefore this might be the time to consider hiring someone to look after this for you. As part of your costs you will need to include the management costs of moving people in and out of the property, as well as cleans in between tenancies and any other requests that the tenants may make.\n\n\n3. Utilities needed to be included.\n\n\nElectricity, water and Internet come as part of the rent for short term lets hence the rent is higher. Don\u2019t forget that this is an additional are that you need to manage. Additionally\u00a0tenants who are not responsible for their utilities may not use them as efficiency and could be prone to leaving the air conditioning on. This will then hike up your costs and cut into your profits.\n\n\n4. Property needs to be fully furnished.\n\n\nTenants of short terms lets will want to turn up with just their suitcase. You will therefore need to provide everything from towels, teaspoons, bedding and electrical items such as a television, which is not always expected for long term lettings. Plus these items will need replacing should they go missing or get broken.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/luxury-prices-up-in-klang-valley", "title": "Luxury prices up in Klang Valley", "body": "\n\n\n\nAlthough transaction activity in the Klang Valley luxury condominium market was less active last year compared with previous years, average transacted prices still rose.\n\n\nAccording to \nresearch from real estate services firm CH Williams Talhar & Wong (WTW)\n, luxury condominiums in the Golden Triangle were transacted at RM 1,500 per sq ft on average, whereas secondary areas remained firm at RM 920 per sq ft on average.\n\n\nAverage occupancy rates for condominiums and serviced residences remained at between 77 percent and 80 percent in the Golden Triangle area of the capital, and between 60 percent and 65 percent in secondary areas.\n\n\nThe total number of luxury condominiums in Kuala Lumpur stood at 36,252 units in 2015 according to the research, an increase of 4,625 units compared with 2014. The total number of luxury condominiums units is expected to increase by another 13,500 units during the coming two years.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCentral Kuala Lumpur, Embassy Row, Mont Kiara/Sri Hartamas and the Golden Triangle remained the prime localities for high-end condominiums developments. The market was quiet during the first quarter of 2015 with only two new launches, while the second quarter saw more new launches, especially in Embassy Row (Ampang Hilir/U-Thant) and the Golden Triangle.\n\n\nThe condominiums sector is expected to be more challenging in the next two years, with the large incoming supply scheduled for completion in 2016 and 2017, according to the firm.\n\n\nThe infrastructure developments, such as MRT SSP Line and East Klang Valley Expressway (EKVE), is likely to spur more condominiums developments in the prime and suburban areas.\n\n\nHowever, developers are advised to maintain a cautious stand. The rental market is expected to be a tenant\u2019s market, with more choice of units coming on stream during 2016.\n\n"} {"url": "https://www.dotproperty.com.my/blog/lyf-for-millennials", "title": "Lyf: for millennials", "body": "\n\n\n\n\u2018Lyf\u2019 is the new brand to be added to the Ascott\u2019s portfolio.\u00a0\n\n\nLyf (pronounced life) is a brand aimed just at \nmillennials\n. Ascott has identified the value in this demographic of the population that spends more than USD 200 billion annually, and has built something for them that will work. This serviced apartment maintains Ascott\u2019s reputation in terms of quality but it comes with a twist. Lyf is, \u2018Designed for and managed by millennials, to seize opportunities in rising trend of co-living and co-working\u2019.\n\n\nExpected to launch 10,000 units by 2020,\u00a0Mr Lee Chee Koon, Ascott\u2019s chief executive officer, said, \u201cMillennials already form a quarter of Ascott\u2019s customers and this segment is poised to grow exponentially. Lyf is a unique\u00a0accommodation tailored for this demographic, including technopreneurs, start-ups and individuals from music, media and fashion. We do not define millennials by age but instead\u00a0they are a social generation who crave discoveries and desire to be part of a community. Lyf\u00a0will provide global jetsetters and trendsetters with the opportunity to \u2018Live Your Freedom\u2019 in a\u00a0dynamic environment and network with like-minded creatives to bring more ideas to life. Most\u00a0importantly, they can be assured of a consistent quality in products and services, given Ascott\u2019s\u00a0track record in managing award-winning properties worldwide.\u201d\n\n\nAscott have focused on gateway cities for this brand. Situated in Malaysia, Singapore, Thailand, Japan, Indonesia, Germany, France plus the United Kingdom will enable guests to pick from the wide range of different styles of property wherever they are in the world.\n\n\nThe concept is simple. Each property will be managed by a \u2018Lyf Guard\u2019, who could be a resident and most importantly fall into the millennial demographic.\u00a0The ethos is to get people communicating through daily life, which the Lyf Guard has to achieve. This interaction could be in the communal areas which can be used as co-working spaces, but shifting their usage to spaces of social gatherings or workshops when needed.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/makes-good-starter-home", "title": "What makes for a good starter home?", "body": "\n\nFinding a good starter home can feel like searching for a needle in a haystack. That\u2019s because there is almost always a discrepancy between what you\u2019re looking for and what you can actually buy. The excitement of making the biggest purchase in your life usually gives way to the stress of searching after a few days.\n\n\nFor newlyweds and young professionals, it is important to have a realistic idea of what makes a good starter home. The difference between this and, say, your dream residence is huge, so tempering expectations now can help you avoid disappointment later.\n\n\nThis doesn\u2019t have to be a negative though. You will love your starter home and as long as you know what to look for, finding it can be relatively stress free.\n\n\nQualities of a good starter home\n\n\nAffordability\n\n\nLong story short, a good starter home must fit within your budget. Purchasing one you\u2019ll struggle to afford immediately places you in an uncomfortable situation. What\u2019s more, it may make it difficult to save for your next home.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAn affordable, modest starter home is a great way to secure your future without having to make huge sacrifices or take risks. It may not have all the bells and whistles, but you will be better off down the road.\n\n\nResale value\n\n\nAs life moves on and your family grows, most people will find their first home no longer has the space or amenities needed. A good starter home will be one with resale value that hopefully increases in price over time. The capital appreciation of that first residence can be used to finance the purchase of your next home.\n\n\nFeeling\n\n\nIt is difficult to make buying a starter home a completely rational experience. Emotion is going to be involved. While it\u2019s most likely impossible to get everything you want, you don\u2019t want to settle for a house or condo that doesn\u2019t make you feel something positive. Even if you only plan on living there for a few years to build your finances, you don\u2019t want to be miserable.\n\n\nLooking for a starter home? \nStart your search on Dot Property\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/malaysia-gets-a-slice-of-cool-japan", "title": "Malaysia gets a slice of \u201cCool Japan\u201d", "body": "\n\nMalaysia gets a slice\u00a0of \u201cCool Japan\u201d\u00a0\u2013 the first location to get a piece of Japan\u2019s\u00a0creative initiative, in fact.\n\n\nThe growing number of high income earners in Malaysia caught Japan\u2019s eye. Isetan\u2019s Nobuharu Yutani reported that \nMalaysia\u2019s market influence\n within ASEAN and the Middle was a reason it\u2019s capital was selected for the first overseas Isetan Cool Japan Department Store.\n\n\n\u201cMirai Suenaga figurines dressed in traditional Malaysian costumes are among the attractions at Isetan\u2019s new concept store in Kuala Lumpur.\u201d*\n\n\nThe concept store brings along an initiative called \u201cCool Japan,\u201d to promote creative\n\n\nindustries within Malaysia\u00a0and aims to promote Japanese lifestyle, culture, technology and design. Specially trained promoters from Japan and Team Nadeshiko have been brought in to help train the local staff too.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCovering 11,000 square meters of space in Bukit Bintang, an area of Kuala Lumpur that is popular with tourists, shoppers will be able to explore various foods, fashions, arts, furniture and even fine dining in the six-story Isetan Cool Japan Department store.\n\n\nThe concept store is 51:49 owned by Isetan of Japan, the local unit of Isetan Mitsukoshi and Cool Japan Fund, with paid-up capital of $19.7 million USD. Isetan department stores date back a century and there are now 31 outlets in seven countries, four of which are in Malaysia.\n\n\n*Image Source:\u00a0Nikkei Asian Review\n\n"} {"url": "https://www.dotproperty.com.my/blog/malaysia-lowers-foreign-ownership-price-requirements-ease-condo-glut", "title": "Malaysia lowers foreign ownership price requirements to ease condo glut", "body": "\n\n\n\nEarly this month, Malaysian Finance Minister Lim Guan Eng revealed that the government intends to lower the foreign ownership price requirements for high-rise condominium units in the country\u2019s urban areas.\n\n\nOverseas buyers will be able to purchase high-rise condo units for a minimum of MYR600,000 (USD143,400). This is down from the current price floor of MYR1 million (USD239,000) which was put in place to prevent a bubble from forming. The new regulations go into effect at the start of next year.\n\n\n\u201cSince there are not enough Malaysians buying high-rise condominiums and apartments in urban areas, there is a property overhang. We have to sell them or developers will get into trouble. And overhang in property will result in a national crisis, which has happened in Hong Kong and Tokyo due to overdevelopment,\u201d Lim told reporters during a recent conference. \u201cWe have to get rid of this overhang so that the market for property becomes healthy again.\u201d\n\n\nJagdev Singh, PwC Malaysia Tax Leader, welcomed the move, but also warned that more information was needed in order to determine the full impact of the lower foreign ownership price requirements.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cQuestions abound as to whether the relaxation of foreign owners should be limited to the secondary market or extended to the primary market and if there is a need for a minimum holding period as well as a limit in whom they can sell to,\u201d \nhe told Edge Property\n.\n\n\nAccording to data from the National Property Information Centre, nearly 4,000 condo units in the country would now be eligible for foreign ownership. More than 75 percent of these properties are located in Kuala Lumpur, Johor and Penang.\n\n\nHowever, many experts point out that the condo glut in Malaysia can\u2019t solely be attributed to the restrictions of foreign ownership.\n\n\n\u201cThe property overhang is attributed to various factors such as mismatch of products and location rather than pricing alone,\u201d \nKnight Frank Managing Director Sarkunan Subramaniam was quoted as saying by the Malay Mail\n. \u201cSome units remain unsold due to less favourable location in terms of accessibilities, distance and lack of amenities as well as product type.\u201d\n\n\nThe Malaysian government has no plans to supplement the new foreign ownership price requirements with a citizenship or permanent residency scheme. Some had hoped this would be the case, but Malaysia Prime Minister Mahathir Mohamad dismissed the idea.\n\n\n\u201cIf foreigners bought the property, we will not give them Malaysian citizenship. They can only use it as their holiday home,\u201d the Prime Minister stated.\n\n"} {"url": "https://www.dotproperty.com.my/blog/malaysia-ranked-worlds-top-retirement-haven", "title": "Malaysia ranked world\u2019s top retirement haven", "body": "\n\n\n\nExpatriates from across the Western world flock to Malaysia to retire.\n\n\nAccording to the 2015 Global Retirement Index, Malaysia has taken fourth place out of the 84 countries ranked as the world\u2019s top retirement havens. Expatriates from America, Australia, New Zealand and countries all across Europe are choosing Malaysia as their home once reaching retirement.\n\n\nThe Malaysia My Second Home (MM2H) programme offers an attractive 10 year, renewable and multiple entry visa to qualified applicants, which makes retiring in Malaysia that much easier for expatriates. Not to mention, the other benefits of the programme that include permission to purchase property, a state ID card allowing expatriates to pass Malaysian immigration as a resident rather than a foreign national, education and tax perks, and the option to work part time.\n\n\nExpatriates can bring their retirement income into Malaysia and once converted into Malaysia Ringgit will see its value triple. Coupled with Malaysia\u2019s low cost of living, expatriates relish in a higher quality of life living very comfortably on only RM 6,000 per month (roughly USD 1,500).\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIt\u2019s not just Malaysia\u2019s MM2H visa programme and low cost of living that attracts expatriates, the country also offers natural, green surroundings and vibrant local cultures. The beaches have been ranked among some of the top in the world, and can be enjoyed during all of the comfortable four seasons offered by Malaysia\u2019s tropical climate. With easy transportation access on Malaysia\u2019s high-speed rail options, travelers can also visit a number of UNESCO heritage sites whilst enjoying Malaysia\u2019s rolling mountains.\n\n\nInterested in becoming an MM2H participant? Visit www.mm2h.gov.my for more information and get on your way to living in beautiful Malaysia!\n\n"} {"url": "https://www.dotproperty.com.my/blog/malaysia-tops-aussie-retirement-chart", "title": "Malaysia tops Aussie retirement chart", "body": "\n\n\n\nAustralians flock to Malaysia as the country has numerous attractive retirement qualities.\n\n\nMalaysia has been dubbed as the best place to retire for Australian citizens. This is according to Internationalliving.com a website dedicated entirely on advising suitable places to retire. It ranks housing, visas, lifestyle, amenities, and healthcare in order to reach its conclusions.\n\n\nFactors that have spurred on the 200,000 Australians who currently reside in Malaysia. Figures that are supplemented by the country\u2019s \nMalaysia My Second Home scheme\n\u00a0that grants visas to retirees wishing to settle down in the country. Additionally Malaysia is very accessible from Australia. There are countless direct flights operating from Kuala Lumpur that include destinations such as Sydney, the Gold Coast, Melbourne, Perth and Adelaide.\n\n\nAustralia\u2019s sky high property prices and everyday costs are two reasons that many look overseas to retire. Malaysia provides a great alternative due to its attractive price point but with lots of home comforts thrown in. This includes good, fast internet, as well as the fact that English is common language making communication a breeze. The country also boasts a great healthcare system. It already entices vast quantities of medical tourists annually, and is something that retirees can benefit from too. The retirement website cites figures that include just AUD 16 to see a surgeon, a fraction of the cost on home turf.\n\n\nInternationalliving.com have placed Vietnam at the top of their charts as the best place to retire if looking at the cost of living alone. Low rents is one of the most contributing factors for this Asian Tiger winning this accolade. But affordable eating out and purchasing fresh food have also helped push Vietnam into pole position.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/malaysian-interest-london-property-picks-exchange-rate-falls", "title": "Malaysian interest in London property picks up as exchange rate falls", "body": "\n\nWith a bustling lifestyle and links to London, Kingston upon Thames is a popular place of property investment\n\n\nThe strengthening Ringgit along with an impending stamp duty hike on overseas investors and a sluggish local real estate market have seen Malaysian buyers acquire London properties at a record pace.\n\n\nThe Pound fell against the Ringgit in September after an August stretch that saw some of the most unfavourable exchange rates in two years. The sudden strengthening of the Ringgit was one reason buyers have acted quickly in re-entering the London property market.\n\n\nMalaysian buyers are also wanting to take advantage of the UK Stamp Duty Holiday Benefits while at the same time avoid a two percent stamp duty surcharge for non-UK tax residents purchasing real estate in the UK that goes into \neffect next April\n.\n\n\nThese factors have seen property investors act with a greater sense of urgency when it comes to purchasing residential real estate in London. But this demand isn\u2019t simply limited to central London locations. Areas such as Kingston upon Thames are growing in popularity due to the long-term potential they hold.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAccording to CBRE, property prices in Kingston upon Thames are set to increase by 12 percent in the next five years while rental prices will rise by 16 percent during this time.\n\n\nWhy Kingston upon Thames?\n\n\nA significant regeneration is happening in Kingston upon Thames\n\n\nKingston upon Thames has direct access to central London, a vibrant lifestyle scene and is surrounded by some of London\u2019s largest green spaces which makes it appealing to a diverse section of renters and buyers. London Waterloo can be reached in 30-minutes by rail from Kingston train station while the A3, M3 and M25 are all a short-drive away.\n\n\nTransportation links with central London are being strengthened even further with a GBP30 million refurbishment around the train station. Crossrail 2 will provide even greater connectivity with it being possible to reach the West End in 30 minutes once operational.\n\n\nMeanwhile, the town centre is undergoing a GBP1.5 billion transformation that will build upon Kingston upon Thames\u2019 impressive lifestyle choices. Plans call for a GBP400 million development of Eden Walk that will create new shops, restaurants and cafes along with a boutique cinema and homes.\n\n\nEven with all of these modern comforts, Kingston upon Thames remains one of the greenest boroughs in London. It is close to a pair of London\u2019s largest Royal Parks; Richmond Park and Bushy Park. This combination of city and nature is one of the main reasons it is among London\u2019s most desirable places to live.\n\n\nThe premier Kingston upon Thames property investment opportunity\n\n\nRoyal Exchange, a new development from St George, offers everything property investors are searching for\n\n\nLocated in Greater London, historic Kingston upon Thames was once a place where Saxon kings were crowned. Today, it is a cosmopolitan town known for green spaces, schools and happening lifestyle areas, such as Market Town.\n\n\nJust a few steps away from all of these is Royal Exchange, a new development from St George, a member of Berkeley Group. The project truly embraces the history of Kingston upon Thames. It is being developed around the Grade II listed Old Post Office and Telephone Exchange, two buildings that are more than 100-years old. The landmarks are being restored as part of the project and will become a new social, cultural and lifestyle hub for the town once finished.\n\n\nThese will be complemented by several new buildings containing one-, two- and three-bedroom apartments and penthouses designed with modern residents in mind. Each unit features quality materials installed by skilled craftspeople ensuring that fittings and finishes are of a high standard.\n\n\nLiving spaces have been carefully planned to be practical while still exuding a fine aesthetic design. All of this work is part of St. George\u2019s belief that a home should be a statement of style. \nYou can see this for yourself by taking a 3D tour of one of the apartments in Royal Exchange\n\n\nAdditionally, those living at Royal Exchange will have access to private courtyard gardens and several upscale amenities, including a residents\u2019 only gym and cinema room.\n\n\nRoyal Exchange is the best Kingston upon Thames property investment currently available. With rental rates and property prices predicted to increase and time running out before the stamp duty surcharge for overseas buyers goes into effect, now is the best time to invest.\n\n\nRequest more information about Royal Exchange and Kingston upon Thames property investment\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/malaysian-investors-japanese-real-estate-stability", "title": "Malaysian investors look to Japanese real estate for stability", "body": "\n\n\n\nThese can be considered interesting times for real estate investors. While markets in Southeast Asia offer the lure of high yields, countries like Vietnam, the Philippines and Thailand are all prone to some amount of risk. Meanwhile, with the impact of Brexit and the presidency of Donald Trump still unknown, so-called safe haven markets like the US and UK aren\u2019t as much of a sure bet as they have been in the past.\n\n\nThis is why some Malaysian investors have begun turning their attentions to Japan, a market with no political volatility and a proven ability to bounce back after turbulent events. The Japanese real estate market has managed to recover after the 90s bubble collapse, the global financial crisis and the massive 2011 earthquake.\n\n\nThe country also offers something emerging markets don\u2019t have, a large, developed economy. Additionally, tourism is rapidly expanding in Japan with Tokyo among the most visited cities in the world. And with the Japanese government looking to allow more foreign workers into the country, real estate investment in cities like Tokyo could be a shrewd play.\n\n\nIn fact, the only thing stopping more property investors from entering the country has nothing to do with the performance of the market itself.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cThe biggest thing deterring people from buying Japanese real estate is the language barrier,\u201d Sato Tsutomu, Managing Director of \nHJ Real Estate\n, explained. \u201cIt can cause some complications in the process, but it is easy to overcome with the help of an expert. There are also considerations you will need to be aware of when it comes to financing and capital gains tax, but the process of buying real estate in Japan is straightforward and transparent.\u201d\n\n\nUnlike some markets where ownership rules regarding international buyers can be complex, \nthere are no regulations or restrictions when it comes to non-resident ownership of property in Japan\n.\n\n\n\u201cJapan offers freehold ownership for international clientele and your name will be shown on the title deed,\u201d Sato said. \u201cAnd unlike Hong Kong, Singapore and Australia, where buyers from abroad are hit with a stamp duty tax, international owners are not obliged to pay any additional taxes when buying Japanese real estate.\u201d\n\n\nJapanese real estate affordable for Malaysian investors\n\n\nSato Tsutomu, Managing Director of HJ Real Estate, notes real estate in Japan is affordable even when compared to prices in Malaysia\n\n\nAnother advantage Japan has on those markets is price. While property in the country is not cheap when compared to developing markets like Vietnam, Thailand and Indonesia, it does cost significantly less than in Hong Kong or Singapore.\n\n\n\u201cHousing in central Tokyo can cost the third of a similar unit in Singapore and this is something interesting to buyers,\u201d Sato noted. \u201cInternational investors are also attracted to Japan because of the weaker yen which helps make property prices reasonable.\u201d\n\n\nAnother factor working in Japan\u2019s favour is domestic demand. Whereas London is now overly dependent on foreign demand, there is still strong domestic demand in Tokyo. This is something that is important for a healthy residential market.\n\n\n\u201cNearly 50 percent of the population in Japan are renters and renting is not necessarily something that is seen as being negative,\u201d Sato pointed out. \u201cMany people in the country work for larger corporations and move every three-to-five years. This means it isn\u2019t always practical to own a home and ensures the rental market is solid.\u201d\n\n\nFind a partner who knows the Japanese market\n\n\nRegardless of if you are looking to purchase a single unit or are a large-scale investor, Sato stressed that it is important to work with a firm that not only knows the market, but can also help with all aspects of a potential deal. HJ Real Estate is an associate company of \nHousing Japan K.K.\n an international real estate broker in Tokyo, and HJ Asset Management K.K, an independent asset management firm.\n\n\nThe officially licensed Singaporean agency serves as a one-stop shop for international clientele and can help buyers from Malaysia and Singapore find\u00a0the best luxury homes and investment properties in Japan as well as translate and close contracts in English. HJ Real Estate also offers complete property management, asset management services and can assist with structuring deals that contain efficient tax and financing.\n\n\nThis story appears in the May/June issue of Dot Property Magazine. \n\n"} {"url": "https://www.dotproperty.com.my/blog/malaysian-passport-makes-the-top-ten", "title": "Malaysian passport makes the top ten", "body": "\n\n\n\nMalaysia\u2019s passport is ranked sixth \u201cmost powerful\u201d passport in the world.\u00a0\u00a0\n\n\nMalaysian passport holders can travel to 154 countries without prior organisation of a visa. This puts the country in sixth position as the most powerful passport judged on the\u00a0amount of free movement the bearer has. This ranking is alongside the United States, Ireland and Canada.\n\n\nThe index has been compiled by Arton Capital, a financial advisory firm. It assesses 193 United Nation countries by what visa requirements they need to travel overseas. Each country is ranked with a \u201cvisa-free score\u201d. Calculated by whether the said country needs a visa or if they can obtain one upon arrival.\n\n\nSingapore\u00a0has pushed Germany off pole position in this global passport index. Previously Singapore and Germany jointly held this accolade. This has now shifted since Paraguay has altered its visa requirements for Singapore. This is the first time that an Asian country has topped the charts. Travelling to 159 out of 193 countries without the need of a visa, Singaporean passport holders have the most amount of free movement with the most powerful passports.\n\n\nFollowing closely behind in second position is Germany with 158 countries. Next is Sweden and South Korean with 157 countries each. Hot on the heels is the UK,\u00a0Denmark, Finland, Italy, France, Spain, Norway and Japan in fourth position with free movement to 156 countries. Whilst fifth to eight positions feature sixteen countries such as Canada, Ireland, Portugal, and New Zealand with visa-free scores of between 155 to 152 countries.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe only other two Asian countries that feature in the top ten are\u00a0South Korea (157 countries) and Japan (156 countries) illustrating the sheer strength of Malaysia\u2019s passport. The least powerful passport in the Index is from Afghanistan which allows the bearer to only travel to 22 of the 193 countries without the need of a visa.\n\n"} {"url": "https://www.dotproperty.com.my/blog/malaysians-buy-melbourne-site", "title": "Malaysians buy Melbourne site", "body": "\n\n\n\nA Malaysian developer has paid AUD$ 5.7 million on a per unit rate of AUD$ 132,558 and a land rate of AUD$ 34.48 per sqm for an Ivanhoe residential development site with approval for 43 apartments (pictured) in a deal brokered by Savills Australia.\n\n\nAccording to Savills Associate Director, Jesse Radisich, and Director, Julian Heatherich, who managed the Expressions of Interest sale, the property attracted 150 enquiries from a wide range of local, national and off-shore developers.\n\n\n\u201cA total of seven individual Expressions of Interest were received following the close with a spread of local, national and off-shore developer interest. Ultimately, the site was sold to a prominent Malaysian developer, and this will be the group\u2019s second major project in Melbourne.\u201d\n\n\nLocated at 47-49 Norman Street, the 1,653 sqm site zoned General Residential Zone 1, is close to Ivanhoe Railway Station and prime retail on Upper Heidelberg Road.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHeatherich said the price had comfortably exceeded the initial price expectations of circa AUD$ 5 million.\n\n\n\u201cThe response to the marketing of the property was extraordinary, but not all that surprising given Ivanhoe\u2019s close proximity to the CBD, the location in Ivanhoe, the availability of first rate services and the demand that has seen such a fantastic success rate for surrounding projects,\u2019\u2019 Heatherich said.\n\n\nThe quiet, leafy, family friendly suburb, just eight kilometres and a 20-minute train ride from Melbourne\u2019s CBD, has become a favorite with apartment purchasers, with 206 of 222 new apartments sold before construction on just three new projects.\n\n\nIn Westley Avenue a 127 apartment project, which is currently underway, has sold out, while the 51 apartment Decco project at 55 Lower Heidelberg Road was 90 percent sold prior to construction and 33 of 44 apartments at 206 Lower Heidelberg Road sold in the first 10 weeks of formal marketing.\n\n\n\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/malaysians-buying-in-london", "title": "Malaysians buying in London", "body": "\n\n\n\nBuyers from Malaysia\u00a0contributed to a record-breaking London city residential property launch.\n\n\nGalliard Homes has sold more 80 premium apartments as part of the Phase 1 sales at The Stage in Shoreditch. The Stage is the \u00a3750 million transformation of the 2.3 acre site of William Shakespeare\u2019s Curtain Theatre into a new mixed use destination for London.\n\n\nThe developer has achieved values approaching \u00a31,600 per sq ft, with the sold apartments priced from \u00a3696,000 to more than \u00a31 million. Some 95% of the sales were to U.K. domestic buyers, with the overseas sales dominated by purchasers from Asia and the United States, including Thais\u00a0and Singaporeans.\n\n\nDavid Galman, Sales Director at Galliard Homes said: \u201cThe uptake for the Phase 1 sales release has been good. The Stage is a unique development, rich in history and character. The scheme is in a good location on the doorstep of the City of London and we are selling a high quality product.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe 37-storey residential tower at The Stage will provide 412 luxurious studio, one-, two- and three-bedroom apartments and four-bedroom duplex penthouses, ranging from 416 sq ft to 2,434 sq ft in size.\n\n\nCompletion is scheduled for Q1 2019 and prices start from \u00a3695,000.\n\n\nImage: The \u2018stampede\u2019 at the sales launch for The Stage.\n\n\nwww.thestageshoreditch.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/malaysians-flock-to-singapore-property-again", "title": "Malaysians flock to Singapore property again", "body": "\n\n\n\nForeign investors are back in Singapore with Malaysians the second\u00a0\nbiggest spenders\n.\u00a0\n\n\nRecent figures reveal that Malaysians are buying property once again in Singapore. Having\u00a0shied away from this regional power house in 2012 alongside other overseas investors due to cooling measures\u00a0put in place to slow the market. Recent figures reveal that Singapore has retained its attractiveness as a place to invest in property. Many are drawn in due to the island-state\u2019s stable economic and political systems certifying its safe haven status.\n\n\nAccording to Singapore\u2019s Urban Redevelopment Authority there has been a 48 percent increase in foreign purchases for the first half of this year if compared to the same period of 2016.\n\n\nSingapore\u2019s neighbouring Malaysia are the second biggest players in the market. They look to spend between SGD 500,000 and one million on property in Singapore. They seek out property in the central areas that includes districts 18, 19 and 27. Addresses such as Serangoon Garden, Hougang, Punggol, Tampines, Pasir Ris, Yishun, and Sembawang.\n\n\nUnsurprisingly the Chinese make up the majority of overs transactors. Often buying property between SGD 500,000 to SGD 1 millon. Indonesians coming in at third position but interestingly buy the most expensive property compared to other foreign investors. 10 percent of Indonesians purchase property in excess of SDG 5 million, and 11 percent look between SGD 3 and 5 million.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIndians and Americans are the two other nationalities that are buying property in Singapore. This news of India coincides with recent figures news illustrating how the strength of the rupee has ensured that overseas property is cheaper for Indians. This has crated a huge surge in their overseas property purchases.\n\n"} {"url": "https://www.dotproperty.com.my/blog/malaysians-respond-new-taxes", "title": "Malaysians debate new taxes", "body": "\n\n\n\nAustralian commercial real estate real estate agents from Knight Frank Australia and Malaysia held a roadshow recently to present a range of properties to potential investors.\n\n\nDespite massive interest in the Australian market, the thing on everyone\u2019s mind was the potential impact of changes to Australian property taxes on Malaysian investments.\n\n\nKnight Frank Australia\u2019s team conducted the formal seminars in Kuala Lumpur and Penang alongside Sarkunan Subramaniam, Knight Frank\u2019s Managing Director for Malaysia and James Buckley, Executive Director for Capital Markets, Malaysia.\n\n\nThe team held many one-on-one client briefings as part of an Australian Property Forum Malaysia Roadshow.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAccording to Knight Frank\u2019s Head of Commercial Sales Paul Henley, :\u201cAustralia is of much interest to Malaysian investors due to its strong underlying economic fundamentals, including a record-low interest-rate environment.\n\n\n\u201cWith interest rates having dropped to their lowest ever, and a stable political scene with the Federal election result, combined with an ever-growing population, Australian commercial real estate is well-positioned for offshore investors.\n\n\n\u201cMalaysia\u2019s SP Setia purchased 288 Exhibition Street, Melbourne for AUD 101 million, one example of the growing interest from Malaysia in the Australia\u2019s commercial property sector.\u201d\n\n\nKnight Frank\u2019s Head of Research and Consulting, Australia, Matt Whitby, said Brexit is expected to accentuate the capital flows into Australia commercial real estate.\n\n\n\u201cI expect Australia will benefit from Brexit and other global uncertainty, as it remains a safe-haven for investors. With volumes slowing over the past quarter, mainly on the back of limited supply of assets.\n\n\n\u201cI expect Brexit will accentuate the capital flows into Australian commercial real estate and volumes will pick up in the second half of 2016,\u201d he said.\n\n\n\u201cAustralia\u2019s economy is the envy of the developed world, growing at 3.1 percent as at the March 2016 quarter. Sydney and Melbourne are driving performance, while our population is strong, with a growth average of 1.5 percent across the country.\n\n\n\u201cSydney alone accounted for AUD$ 19 billion over the past two years, predominantly from Asia.\u201d\n\n\nTotal Malaysian overseas investment into real estate globally was steadily increasing; however fell back in relative terms over the last financial year.\n\n\nStrong interest continues\n\n\nMalaysian investment in Australian commercial real estate has averaged AUD$ 750 million over the past six years however deal flows have not been as prevalent over the past year.\u201d\n\n\nHenley said it remains to be seen in coming weeks how much the latest Australian taxation laws will impact Malaysian buyers in this market.\n\n\n\u201cDespite the recent stamp duty changes imposed on foreigners purchasing residential property, interest from Malaysian investors is remarkably strong.\n\n\n\u201cWe expect many commercial, hotel and retail assets transactions from Malaysian investors over the next year.\n\n\n\u201cThese types of assets are not impacted by the tax changes, and some residential specialists will still show interest at the right pricing metrics to build scale,\u201d said Henley.\n\n\nAccording to Sarkunan Subramaniam, Australia is a key destination for Malaysians.\n\n\n\u201cSome 77 percent of Malaysia\u2019s ultra-high net worth individuals expect to send their children abroad for university next year.\n\n\n\u201cThis has created a significant connection between Australia and Malaysia over time.\u201d\n\n\nPictured is one of the \nproperties being marketed by Knight Frank Malaysia in Melbourne.\n\n"} {"url": "https://www.dotproperty.com.my/blog/malaysians-strive-to-be-homeowners", "title": "Malaysians strive to be homeowners", "body": "\n\n\n\nRecent findings state that property remains an important asset for Malaysian millennials.\u00a0\n\n\nHSBC Holdings Plc recent survey \u2018Behind the Brick\u2019 reveals that of the Malaysians who do not own a home, 93 percent anticipate that they will do within five years. This is ahead of the global average of 96 percent.\n\n\nThe report looks a global home ownership collecting 9,000 responses across\u00a0Australia, Canada, China, France, Malaysia, Mexico, United Arab Emirates, UK and the US. With the aim to understanding \nmillennials\u2019\n perception on property. Plus advising how this demographic can reach the \nfirst wrung of the property ladder \nand drawing on any obstacles that could get in their way.\n\n\nThe increased numbers of affordable housing and transport infrastructure in the pipeline in Malaysia will also help maintain values for millennials\u2019 advantage. There is a strong demand for properties up to MYR 500,000 to satisfy the needs of millennials.\n\n\nDespite three-quarters of millennials wanting to own their own property, many do not have access to a deposit to make it happen. 43 percent feel that they there are in a position where they cannot afford the property they would prefer. But in order to change this, 62 percent would cut back on spending money on leisure activities, 23 percent would consider clubbing together with a family member to be able to afford to buy property, and 41 percent would reduce their expectations in terms of the size of their desired property.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHSBC advise that for millennials to reach the first rung on the property ladder, they need to:\n\n\n\n\nStart saving early for a deposit.\n\n\nHave a contingency beyond their budget.\n\n\nAssess their finances in order to get a clear picture of affordability.\n\n\nConsider reducing daily outgoings in help save for property.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/malaysias-best-real-estate-honoured-dot-property-malaysia-awards-2017", "title": "Malaysia\u2019s Best In Real Estate Honoured At The Dot Property Malaysia Awards 2017", "body": "\n\nJohn Primmer (right), Hard Rock Hotel Penang General Manager, receives the Best Hotel Development Award from Dot Property Magazine Editor in Chief Cheyenne Hollis (left)\n\n\nThe Dot Property Malaysia Awards 2017 officially announced the winners with the country\u2019s premier developers, projects and hotels earning honours. Among the big winners were SkyWorld and Mayland with the latter picking up a pair of awards. There were 13 awards handed out in total this year.\n\n\nOrganised by Dot Property Malaysia, the country\u2019s fastest growing property portal, the inaugural Dot Property Malaysia Awards 2017 honoured the absolute best projects, developers and companies that contribute to real estate in the country.\n\n\nSkyWorld\u2019s commitment to providing sustainable sky living to the country\u2019s city communities propelled it to win Best Emerging Developer at The Dot Property Malaysia Awards 2017. Among the firm\u2019s notable projects is SkyArena, Kuala Lumpur\u2019s first vertical community to emphasise active living and wellness.\n\n\nMayland scooped up a pair of awards. Hampton Damansara took home Best Lifestyle Residential Design while One Stonor was named as best Best Ultra Luxury Condo Development. In the luxury categories, Quay West Residence was honoured as Best Luxury Condo Development, Penang and Best Luxury Condo Development, Kuala Lumpur was bestowed upon Picasso Residence.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHard Rock Hotel Penang earned the highest hotel award: Best Hotel Malaysia. The Rucksack Caratel was selected as Best Hotel Malacca. Meanwhile, in the office category, GuccoLand\u2019s Damansara City Office Towers was a worthy winner of Best Office Development and Regus snagged Best Serviced Office Malaysia.\n\n\nThe Dot Property Malaysia Awards 2017 full list of winners:\n\n\nBest Emerging Developer \u2013 SkyWorld\n\n\nBest Boutique Developer \u2013 OCR Land Holdings\n\n\nBest Luxury Branded Residences \u2013 Dorsett Residences\n\n\nBest Ultra Luxury Condo Development \u2013 One Stonor\n\n\nBest Lifestyle Residential Design \u2013 Hampton Damansara\n\n\nBest Luxury Condo Development, Kuala Lumpur \u2013 Picasso Residence\n\n\nBest Resort Inspired Development, Kuala Lumpur \u2013 Armanee Terrace 2\n\n\nBest Townhouse Development \u2013 Bellevue @ Cybersouth\n\n\nBest Hotel Malaysia \u2013 Hard Rock Hotel Penang\n\n\nBest Hotel Malacca \u2013 The Rucksack Caratel\n\n\nBest Office Development \u2013 Damansara City Office Towers\n\n\nBest Serviced Office Malaysia \u2013 Regus\n\n\nBest Luxury Condo Development, Penang \u2013 Quay West Residence\n\n\nWinners are selected by Dot Property Malaysia and the regionally focused Dot Property Magazine who evaluate every candidate based on a number of factors created specifically for each individual category.\n\n\n\u201cThe winners at The Dot Property Malaysia Awards 2017 have raised the bar in their respective categories. Our efforts to find the best firms and projects were thorough and exhaustive. Every winner has truly earned their award and can stand proudly as the best at what they do,\u201d says Sunniya Kwatra, International Business Development Manager at Dot Property.\n\n"} {"url": "https://www.dotproperty.com.my/blog/malaysias-ksk-land-reimagines-lifestyle-experience", "title": "Malaysia\u2019s KSK Land reimagines the lifestyle experience", "body": "\n\n8 Conlay won Best Residential Lifestyle Design at the Dot Property Southeast Asia Awards 2020\n\n\nAs a lifestyle developer, KSK Land prioritizes the experience. Having a lot of features or being convenient isn\u2019t enough. The developer believes mixed-use developments need to be places where people can live, work, play and create memories.\n\n\nIn order to accomplish this, KSK Land focuses on curating the best possible design and craftsmanship at its projects. From there, the firm seeks to collaborate with brands and designers who understand lifestyle. That\u2019s why it partners with Kempinski Hotels on hospitality elements and TROP Studio for landscape design.\n\n\nThese ideals come to life at 8 Conlay, winner of Best Residential Lifestyle Design at the Dot Property Southeast Asia Awards 2020. The project isn\u2019t simply a place to call home, enjoy an overnight stay or shop, it\u2019s an experience set amidst the urban backdrop of Kuala Lumpur.\n\n\n8 Conlay is an exciting amalgamation of life\u2019s possibilities when everything comes together. The three-tower, mixed-used development features the first and only Kempinski Hotel in Malaysia as well as YOO8, one of Southeast Asia\u2019s most exclusive branded residences. The residential component will span two towers with each one being entrusted to YOO and a world class designer.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTower B features interiors designed by Kelly Hoppen in conjunction with prestigious design house YOO. Hoppen has created two exclusive concepts which will only be found here. Steve Leung and YOO have been tabbed for Tower A and their vision is for interiors that combine a modern outlook with distinctively Asian accents.\n\n\nMeanwhile, 6-star hotelier Kempinski will manage the residences ensuring living here provides a lifestyle experience not found elsewhere in the region. The amenities of YOO8 add to this with everything from a multi-tiered park in the sky to ample recreational space all designed to meet the needs of modern residents.\n\n\nThe three towers of 8 Conlay are tied together by a retail center that provide cultural and artistic experiences along with collection of fine shops and F&B venues that will be selected with the intelligent, contemporary shopper in mind.\n\n\nKSK Land\u2019s work on 8 Conlay saw the firm honored as Best Mixed-Use Developer at the Dot Property Southeast Asia Awards 2020. The two victories are proof that it has not only reimagined the lifestyle experience, but taken it to another level.\n\n"} {"url": "https://www.dotproperty.com.my/blog/malaysias-property-market-appeal", "title": "Malaysia\u2019s property market appeal", "body": "\n\n\n\nProperty market continues to attract interest, but why are the Chinese such active players? \n\n\nMalaysia\u2019s economy has taken an upbeat turn. The ringgit has got stronger too adding to the country\u2019s appeal as a good place to invest. This is according to Judy Ong, executive director of research and consultancy at Knight Frank Malaysia. Ong also cites the country\u2019s political stability and developed infrastructure as other reasons that investors are drawn to this property market.\n\n\nThis is demonstrated by the continued Chinese thirst for Malaysian property. China may have attempted to restrict the outward flow of capital, which has slowed down property shopping sprees by individuals and companies. However, stated-owned enterprises do not fall under this category and manage to still\u00a0buy real estate. Hence the majority of property purchases in the country are from the Chinese. A property market where 35 percent of all transactions are from \nforeign purchasers.\n\n\nSo despite obstacles being put in place to restrict the Chinese\u2019s spending power, there remains a strong appetite. The interest in Malaysia is not expected to slowdown anytime soon either. Ties between the countries and similar cultures are cited for reasons for this.\n\n\nAlthough currency does play a part, Knight Frank reminds us that there are still fundamentals aside from this that drive the market. The real estate consultancy\u2019s Global Currency Report looks at how currency can play a role for global luxury residential property. Whilst changes can mean investors shift their focus such as the \nrecent appetite for property in the UK\n from Asia, factors such as yields remain important. Scooping up a bargain due to a strong local currency should not be a reason alone for an overseas property investment.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nInvestors need to look to the long term. Something that many Chinese have considered due to Malaysia\u2019s role in the\u00a0China\u2019s Belt and Road initiative that will help to boost trade. It is unsurprising that Malaysia is Chinese developers third popular destination according to Knight Frank.\n\n\n\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/marci-rossell-named-chief-economist-at-leadingre", "title": "Marci Rossell named Chief Economist at LeadingRE to help lead firm\u2019s global charge", "body": "\n\n\n\nAs Leading Real Estate Companies of the World\u00ae (\nLeadingRE\n) looks to find new ways to support its members, it hired renowned financial journalist Marci Rossell as its first chief economist. After a historic 2016, the company, which boasts the world\u2019s market-leading independent residential brokerages in over 60 countries, wants\u00a0members reach greater even heights in 2017.\n\n\nIn her new role, Rossell will help LeadingRE\u2019s 550 firms and 128,000 associates gain an understanding of all the economic issues that are relevant to real estate across the world. This wisdom will prove to be invaluable for the company\u2019s ever expanding global network.\n\n\n\u201cLeadingRE\u00a0brought me on as their new Chief Economist to provide insight to our members,\u201d Rossell explains. \u201cI am most looking forward to getting to know our members from around the globe. They each bring their own unique perspective from their individual countries and markets that will add depth and colour to my own macroeconomic outlook.\u201d\n\n\nThe Southern Methodist University graduate was able to visit with several LeadingRE\u00a0members for the very first time\u00a0at\u00a0\nthe company\u2019s annual Conference Week which was held earlier this year\n.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cI was lucky to come on board with\u00a0LeadingRE\u00a0in time to meet many of our members at the conference in Miami Beach, Florida,\u201d she notes. \u201cThe energy of the group was invigorating. Sharing my global outlook with them, and getting so much fantastic feedback about their needs, will allow me to craft an outlook for them that they can really use in their own businesses.\u201d\n\n\nAnd with that event now over, Rossell will now find new ways to show LeadingRE members just how the economy impacts the real estate market. The former economics professor and speaker is able to call upon a wealth of experience to present information in a practical manner that goes beyond numbers.\n\n\n\u201cReal estate is only one element in the economy, and the economy is only one element that matters for real estate,\u201d Rossell says. \u201cMy experience in a broad range of fields allows me to do so much more than just present the real estate-related facts and figures around the economy. I believe it\u2019s more important to put those numbers in a historical perspective and give our members more of the story of how the economy is influencing real estate today.\u201d\n\n\nRossell rose to prominence during a stint as CNBC\u2019s Chief Economist where she developed a reputation as a groundbreaking financial journalist. And while most people may know her from this time, she has two decades of economics experience. She spent time in the research department of the Federal Reserve Bank of Dallas right before the Asia Crisis of 1997 and has been able to leverage what she learned during that time when the Financial Crisis hit in 2008.\n\n\nFocusing in on Southeast Asia\n\n\nLeadingRE has massive plans for Southeast Asia and continues to attract more quality real estate operations from the region to its robust network. Indonesia is a market the company has targeted specifically moving forward. \nThe firm\u00a0is sponsoring the upcoming Dot Property Indonesia Awards 2017\u00a0and the Dot Property Philippines Awards 2017\n\u00a0and\u00a0LeadingRE will continue to partner with Dot Property on new opportunities this year as well.\n\n\n\u201cThe demographics of Southeast Asia support a vibrant real estate market for years to come. A large portion of the population is just now reaching the age of their first home purchase, with the median age in the region at only 29 years old, well below that of the U.S. (38), Germany (46) and Japan (46),\u201d Rossell points out. \u201cAnd less than half the population in the region currently lives in urban areas, which means that demand for real estate will stay strong as Southeast Asia moves to a level of urbanisation similar to the U.S. (82 percent) and Europe (75 percent).\u201d\n\n\nReal estate activity in the region isn\u2019t limited to locals. With affordable prices and ideal destinations, buyers from around the world are now considering purchasing property in Southeast Asia. Prices are relatively low and real estate here can be used as both a vacation home and an income generating investment property.\n\n\n\u201cI think Southeast Asia could be the next frontier for US buyers of luxury properties. The US dollar has appreciated more than 20 percent since July 2014,\u201d Rossell says. \u201cBecause their dollars will now buy more abroad than a few years ago, 2017 could be the time when US buyers look to Southeast Asia for attractive luxury properties.\n\n\nMarci Rossell to help the best get better\n\n\nThis year is shaping up to be another one for the record books for LeadingRE. With more than 4000 offices in 62 countries, the firm is dedicated to a worldwide approach that keeps a local focus.\n\n\n\u201cDespite the recent rise of economic nationalism in many parts of the world, the globalisation of real estate markets is here to stay. \u2018What makes LeadingRE special?\u2019 It provides a local connection to this world of real estate. It\u2019s why I am so excited to join the LeadingRE team,\u201d Rossell concludes.\n\n"} {"url": "https://www.dotproperty.com.my/blog/mark-quinn-led-pbre-named-among-thailands-best-real-estate-agencies-second-year-running", "title": "Mark Quinn-led PBRE named among Thailand\u2019s Best Real Estate Agencies for second year running", "body": "\n\nPBRE was named as one of Thailand\u2019s Best Real Estate Agencies at the Dot Property Thailand Awards for the second consecutive year. Led by Mark Quinn, the firm has expanded rapidly over the past 24 months with the opening of several new offices making it the Eastern Seaboard\u2019s largest real estate agency.\n\n\nVictory at the Dot Property Thailand Awards 2022 is further proof that PBRE\u2019s service-driven approach is unsurpassed at the moment. The agency takes pride in combining skills and knowledge with meaningful connections to create an exceptional real estate experience.\n\n\nBorn and raised in Oxford, Quinn was a qualified building surveyor in the UK before moving to Thailand 13-years ago. Today, he, alongside the entire PBRE team, works tirelessly to ensure those searching for property find exactly what they want. It can be a challenge, but everyone at the agency is up to the task.\n\n\n\u201cThis is the recognition that the team deserves. All the hard work, and it is real hard work, over this difficult period is coming to fruition. The hard work is paying off and their service mindset is really performing well,\u201d Quinn proclaims.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/massive-first-sight-just-big-suvarnabhumi-airport-expansion-concourse", "title": "Massive at first sight, but just how big is the Suvarnabhumi Airport expansion concourse?", "body": "\n\nThe Suvarnabhumi Airport expansion concourse (front) is expected to open in late 2019 or early 2020\n\n\nIf you\u2019ve flown in or out of Suvarnabhumi International Airport recently you probably noticed the large building being constructed opposite the main terminal. The structure has sprung up quickly over the past 12 months thanks in no small part to the innovative building materials being used.\n\n\nThe building is the Suvarnabhumi Airport expansion concourse and it will boost the facility\u2019s capacity by 15 million passengers when it opens. If that sounds like a lot, it is. And this means the new concourse needs to be big enough to handle the vast amount of people who will use it.\n\n\nSo just how big is this structure? For starters, it is about one kilometre in length. To put this into perspective, the new terminal covers more distance than what\u2019s found between the \nSiam BTS station\n and Chit Lom BTS station with a hundred or so meters to spare. And if you factor in width, it covers more area than nine football pitches.\n\n\nSee more:\n \nGo inside the Suvarnabhumi Airport secret tunnels\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIn terms of similar buildings, the Suvarnabhumi Airport expansion concourse is very close in size to Singapore Changi Airport Terminal 4. The new terminal at Changi can handle up to 16 million passengers per year and has a total of 21 contact gates and eight bus gates. The Suvarnabhumi Airport expansion concourse will be able to accommodate 15 million passengers annually and will have 28 contact gates.\n\n\n\n\nBut there is more to a building than its length or how it compares to similar structures. The true size of the Suvarnabhumi Airport expansion concourse really comes to light when you look at the amount of material used in its construction. In many places throughout the three-story concourse, builders opted to use wall panels instead of traditional brick and mortar solutions.\n\n\nA total of 100,000 square meters of panels will be used in the construction of the concourse building. Of course, you\u2019re probably now wondering just how big 100,000 square meters is?\n\n\nIn order to place into to context, let\u2019s compare the size to other buildings. There is no shortage of high-rise condominiums in \nBangkok\n these days. These buildings take roughly 25,000 square meters of pre-fabricated wall panels to complete. It\u2019s impossible to say the Suvarnabhumi Airport expansion concourse is the exact same size as four high-rise condominium buildings, but it is close.\n\n\nThat\u2019s good, but how does compare to current Bangkok landmarks. Well, Central Chidlom is 68,000 square meters in total. The largest IKEA in Southeast Asia is IKEA Bang Yai and that\u2019s only 50,000 square meters. Yet, it will take less time to install the 100,000 square meters of pre-fabricated wall panels at the Suvarnabhumi Airport expansion concourse than it took to for work to get done on either one of those small projects.\n\n\nCentral Chidlom took years to build before finally opening its doors to shoppers in 1973. The reason it took so long was to due limited technology. Brick and mortar was the only way to go back then.\n\n\nMeanwhile, it took nearly two years for work on IKEA Bang Yai to be completed. Installation of the 100,000 square meters of pre-fabricated concrete wall panels at the Suvarnabhumi Airport expansion concourse, will have taken less time despite being double the size.\n\n\nSo, just how big is the Suvarnabhumi Airport expansion concourse? It\u2019s really big. But it has taken less time and money to build than other similarly sized structures thanks to innovations in construction including the use of wall panels.\n\n\n\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/meet-company-changing-way-people-view-next-property", "title": "Meet the company changing the way people view their next property", "body": "\n\nDevelopers and real estate agents in Southeast Asia have relied on the same few marketing tools for more than a decade now. Homebuilders will create show units that are fully furnished and aren\u2019t always an accurate representation of the average residence. For property professionals, most create straightforward listings with a few photos and some text for potential clients to see.\n\n\nThese are both successful methods that have helped propel the real estate industry to greater heights. But they are now being disrupted as people looking for property want to be engaged. Property seekers, both end users and investors, want an immersive experience that is available at their convenience. They prefer a chance to get close to the property from their phone or laptop before reaching out to a real estate agent or developer for additional information.\n\n\nVizoport has developed a range of innovations to accomplish just that. The Bangkok-based company is empowering developers and real estate agents throughout the country with the tools to provide a 24/7 open house experience online.\n\n\nThe firm estimates that 82 percent of people looking for property in Southeast Asia are more likely to use a real estate agent that provides virtual tours that can be viewed on their mobile phone. In a marketplace where competition is greater than ever, using Vizoport technology can offer a distinct advantage by changing the way people see properties.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nVizoport innovations help people get a sneak peak inside condominiums\n\n\nIn terms of residential real estate, Vizoport focuses mostly on condominiums, although the technology can be used for villas, detached housing or any type of dwelling. The goal is to ensure people can get as close to a property as possible using only a phone or computer. Let\u2019s take a look at some of the company\u2019s innovations that make this possible.\n\n\n3D Tours\u00a0\n\u2013 Using photography can\u2019t always capture the uniqueness of a residence. What\u2019s more, size oftentimes fails to translate between photos and real life. Property seekers may see photos of a condominium unit online and think it looks too big or too small when it could, in fact, actually be exactly what they\u2019re looking for.\n\n\nThis is where 3D Tours from Vizoport can make a huge difference. The company maps and scans the entire unit to create a fully immersive showcase where people can look at every inch of the property from the comfort of their smartphone or laptop. Additionally, both doll house and floor plan views are incorporated into the 3D Tours to improve the experience while special tags highlight notable features and add an extra level of interactivity.\n\n\nA look at the dollhouse view from the Vizoport 3D Tour\n\n\nIt is estimated that 75 percent potential clients are more interested in immersive viewing, such as a 3D Tour, than only seeing photos. International property seekers benefit the most from this type of technology as they can narrow their search before they arrive in a new country. Once here, they will already have a shortlist of units they want to see in person. And in most cases they will be much further along in the decision making process since the visit will be more about confirming what they saw online as opposed to making a decision on if they like it or not.\n\n\nVR Ready Tours\u00a0\n\u2013 Similar to the 3D Tours, Vizoport can create Virtual Reality Tours of condominiums. With VR technology becoming more commonplace, this is something property professionals are starting to leverage. For users, VR Ready Tours put them in the condominium unit allowing them explore just as they would at an in-person open house. But unlike an open house, they can visit the VR Tour whenever they want and as many times as they like.\n\n\nDigital Storybook\u00a0\n\u2013 Vizoport can help real estate agents and developers create a Digital Storybook that captures all of the digital marketing efforts for a project or unit to create a single narrative designed to capture the imagination of those looking for property.\n\n\nAll of what Vizoport offers, including tours, floorplans, digitally enhanced photos and more, is collected in one place that is easy for users to engage with. Instead of the individual marketing elements being disconnected, it is all tied together to tell the story of the property. The showcase is also easily sharable across social media platforms ensuring high visibility.\n\n\nVizoport\u2019s progressive perspective embraced by market leaders \u00a0\n\n\nVizoport uses cutting-edge technology to ensure high-quality scans\n\n\nThere is a chance you may have seen Vizoport\u2019s innovations in action. The company has worked with some of the most notable developers, agents and hospitality businesses in the region. Thai developers Sansiri and Country Group Development both trust Vizoport to help bring their residential creations to life.\n\n\nMeanwhile, Swiss\u00f4tel and Solitaire Hotel are just a couple of the hotels who have turned to Vizoport to find ways to impress potential guests.\n\n\nPerhaps no business has utilised the full potential of Vizoport innovations quite like Flat Monthly. The online rental real estate solution, which operates in Bangkok, Singapore and Kuala Lumpur, even created VR lounge, where tenants can inspect 15-20 apartments in the space of an hour without needing to deal with traffic. Thanks to help from Vizoport, \nFlat Monthly\n\u00a0has become the go-to place for rentals in Southeast Asia.\n\n\nAt the end of the day, all of these firms understand that their potential clients need to have access to an immersive experience on a 24/7 basis. Having photos is no longer enough to be successful in hyper-competitive industries such as real estate or hospitality. No one in Southeast Asia is helping property professionals stay on top of this changing trend quite like Vizoport.\n\n\nFor more information on Vizoport, please visit:\n \nwww.vizoport.com\n\n\nIf you\u2019re a real estate agent or developer who would like to know more \non\n how Vizoport can help you, please contact: +66 02-662 1795 or e-mail: \n[email\u00a0protected]\n\n"} {"url": "https://www.dotproperty.com.my/blog/meet-dot-property-southeast-asia-awards-2019-winners", "title": "Meet the Dot Property Southeast Asia Awards 2019 winners", "body": "\n\n\n\nMore than 200 of real estate\u2019s best and brightest came to Bangkok for the Dot Property Southeast Asia Awards 2019 presentation ceremony. Nearly 50 awards were presented on the evening with winners hailing from Vietnam, the Philippines, Thailand, Malaysia, Indonesia and Singapore. Here is a look at those who took home awards.\n\n\nNew Nordic Group\n\n\n\n\nBest Developer CSR \u2013 New Nordic Group\n\n\nBest Innovative Developer \u2013 New Nordic Group\n\n\nBest Innovative Investment Product \u2013 New Nordic Group\n\n\n\n\nNew Nordic Group has revolutionised property investment in global tourist destinations for 10 years now and the developer\u2019s work in Thailand has been truly innovative. The company\u2019s unique approach allows New Nordic Group to offer property investment that is less speculative and more transparent while tapping into Thailand\u2019s stable tourism market. The developer is also committed to giving back through its numerous CSR efforts.\n\n\nThe One Estate Development Company Limited\n\n\n\n\nBest Boutique Developer \u2013 The One Estate Development Company Limited\n\n\nBest Low Rise Resort Condominium \u2013 Carapace Huahin-Khaotao\n\n\nBest Condotel Architectural Design \u2013 Carapace Huahin-Khaotao\n\n\n\n\nThe One Estate Development Company Limited is committed to creating boutique developments that meet the needs of residents. This can be seen at one of its newest developments, Carapace Huahin-Khaotao. The project features both a low-rise hotel and condominium with both having direct access to the development\u2019s beach club. The result is a residential estate good for vacation stays or residential usage.\n\n\nARENA Cam Ranh\n\n\n\n\nBest Hotel Architectural Design \u2013 ARENA Cam Ranh\n\n\n\n\nThe magnificent ARENA Cam Ranh is designed by Finko International Design Alliance who has created a true hotel masterpiece. Located in one of Vietnam\u2019s up-and-coming tourist destinations, ARENA Cam Ranh is already among the most talked about resorts in Southeast Asia due in no small part to the hotel architectural design.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMalibu Hoi An\n\n\n\n\nBest Luxury Condotel Architectural Design\n\n\nBest Beachfront Luxury Resort Villa Development\n\n\n\n\nMalibu Hoi An from Vietnamese developer Bamboo Capital is a development that is luxurious and has a stunning design that is perfect for condotel investors. With units managed by the Radisson Hotel Group, Malibu Hoi An features architectural design and 5-star amenities that cater to high-end guests.\n\n\nWhizdom The Forestias\n\n\n\n\nBest Green Development\n\n\n\n\nThe outstanding Whizdom The Forestias from Thai-developer MQDC is not only the biggest property development in Thailand, but the greenest as well. The approximately 636,800 square metre complex is centred around an actual forest with developer MQDC rescuing old trees from around Bangkok and giving them new life inside Whizdom The Forestias.\n\n\nGrand Florida Beachfront Condo Resort Pattaya\n\n\n\n\nBest Beachfront Condominium\n\n\n\n\nBlue Sky Group picked a special place in Pattaya\u2019s Jomtien area for Grand Florida Beachfront Condo Resort Pattaya. It is a short-drive away from U-tapao International Airport and is also close to the express motorway that connects the region to Bangkok. The project itself has a unique Florida theme with a number of different unit types available.\n\n\nPAX SKY\n\n\n\n\nBest Serviced Office Provider\n\n\n\n\nPAX SKY is a gamechanger when it comes to the serviced office scene in Southeast Asia. The company focuses on providing customers with an office address that is luxurious, convenient and optimal. PAX SKY\u2019s goal is to ensure its clients always feel like they belong.\n\n\nCam Lam Invest Company Limited\n\n\n\n\nBest Lifestyle Developer\n\n\nBest Beachfront Resort Development \u2013 Cam Ranh Bay Hotels and Resorts\n\n\nBest Resort Architectural Design \u2013 Cam Ranh Bay Hotels and Resorts\n\n\n\n\nThe Dot Property Southeast Asia Awards 2019 was a huge night for Cam Lam Invest Company Limited with the developer taking home three awards including Best Lifestyle Developer. The firm\u2019s impressive Cam Ranh Bay Hotels and Resorts was one of only a handful of projects to win multiple awards at the event.\n\n\nGold Residences\n\n\n\n\nBest Township Development\n\n\n\n\nSM Development Corporation has worked tirelessly to equip Gold Residences with a seamless fusion of architecture and luxury. This has given the township a dynamic look unlike anything found in Metro Manila. The project\u2019s beautiful gold fa\u00e7ade can be seen from those flying in and out of the nearby Ninoy Aquino International Airport.\n\n\nMantra Beach Condominium\n\n\n\n\nBest Affordable Condominium\n\n\n\n\n\n\nMantra Beach Condominium is another development from Thailand-based Mae Phim Property that offers unmatched value for money. From superb amenities to well-designed units, buyers of a residence at Mantra Beach Condominium are guaranteed of receiving a great investment.\n\n\nAE Charming Cua Tung Beach And Resort\n\n\n\n\nBest Beachfront Township Development\n\n\n\n\nVietnam\u2019s central province of Quang Tri is slowly becoming a tourist hub and AE Charming Cua Tung Beach And Resort will help put the region on the map. Set to open in 2021, AE Corporation is developing a wide-ranging township that will be a hub of activity in Quang Tri.\n\n\nStella Mega City\n\n\n\n\nBest Sustainable Development\n\n\nBest Housing Development\n\n\n\n\nStella Mega City from developer Kita Group is an ambitious development featuring infrastructure and surrounding facilities designed to meet the needs of the modern resident. There are 5-star hotels, commercial centers, sports complexes and event centers with each of these incorporating sustainable technologies. Stella Mega City also features numerous housing types that have been developed to support families of all sizes.\n\n\nSunshine Group\n\n\n\n\nBest Innovation and Technology\n\n\n\n\nVietnam\u2019s Sunshine Group has been committed to bringing the latest innovations and technologies to all of its projects. An example of this is Sunshine Diamond River, a development that has redefined what it means to be a green building. Several advancements have been incorporated into the development that ensures fresh air, cool spaces and a pleasant living experience.\n\n\nAnchan Hills\n\n\n\n\nBest Luxury Villa Development\n\n\n\n\nAnchan Hillis is located in one of the most desirable locations on the island of Phuket in Thailand. Developer Pearl Island Properties use only high-end materials while also utilising luxurious architecture and interior design details. The goal of the developer is to ensure that every villa at Anchan Hills meets the requirements of even the most discerning buyer or investor.\n\n\nMelia Phuket Karon Residences\n\n\n\n\nBest Resort Residence\n\n\n\n\nBack by the European Melia hotel brand, Melia Phuket Karon Residences is redefining the resort residence experience in Phuket. From spectacular amenities to its very own beach club, and some amazing views, the resort has it all. What\u2019s more, Melia Phuket Karon Residences has a low-density design to ensure a pleasant experience without the crowding found in other tourist resorts.\n\n\nWynhdam Garden Irin Bangsaray Pattaya\n\n\n\n\nBest Condotel Development\n\n\nBest Condotel Interior Design\n\n\n\n\nThere are condotels and then there is Wynhdam Garden Irin Bangsaray Pattaya from Irin Property Co. Ltd. The property is in a great location and has a strong brand backing it, however, the project\u2019s design is where it really stands out. The interior design of each room focuses on modern luxury that caters to the unique needs of travellers. Each room at Wyndham Garden Irin Bangsaray Pattaya is also equipped with a Jacuzzi bathtub ensuring a peaceful space. When the property opens, it is sure to be popular with travellers from around the globe.\n\n\nNam Group\n\n\n\n\nBreakthrough Developer\n\n\nBest Innovative Complex Development \u2013 Thanh Long Bay\n\n\n\n\nVietnamese developer Nam Group has arrived on the scene with great developments such as Thanh Long Bay that bring something new to the market. The homebuilder uses local market insights to ensure its projects meet the real needs of the public. Nam Group must also be commended for its top-notch designs and sustainability efforts that can be found at its projects throughout Vietnam.\n\n\nAmani Grand Citygate Davao\n\n\n\n\nBest Mid Range Condominium Development\n\n\n\n\nCebu-based Grand Land looked to Davao for one of its first projects outside of its homebase. The developer launched the Amani Grand Citygate Davao and it is a project that has been well received by both residents and investors who can look forward to strong rental returns alongside capital appreciation in the years to come. Grand Land has used its deep understanding of the market to create a condominium that has helped elevate the standard of real estate in Davao.\n\n\nBelHomes Hai Phong\n\n\n\n\nBest Urban Lifestyle Development\n\n\n\n\nBelHomes Hai Phong is being developed by VSIP Hai Phong who are delivering the project with high-class urban areas that will meet Singaporean standards. Residents can enjoy a relaxing lifestyle where they can indulge in a fresh living space, clear roads, harmonious green areas and unmatched convenience.\n\n\nJewel Changi Airport\n\n\n\n\nBest Retail Development\n\n\nBest Landmark Destination\n\n\n\n\nSince opening in early 2019, Jewel Changi Airport has become a landmark destination that revolutionised both retail and airport experiences. The entertainment and retail complex from developer CapitaLand features wonderful nature experiences that have made Jewel Changi Airport one of the most Instagramable spots not just in Singapore, but the entire world. From its plethora of retail options to the ambiance that allows visitors to feel as if they have entered a different world, Jewel Changi Airport is a must visit destination.\n\n\nTun Razak Exchange\n\n\n\n\nBest Integrated Development\n\n\n\n\nTun Razak Exchange is no ordinary development. The project aims to be Kuala Lumpur\u2019s new CBD as well as Malaysia\u2019s International Financial District with office space, residential buildings, parks, hospitality options and retail centres all integrated into a massive, 70-acre complex. The development\u2019s centrepiece just may be Exchange 106, a building that will become Southeast Asia\u2019s tallest tower once finished.\n\n\nMNC Smart City\n\n\n\n\nBest Smart City\n\n\n\n\nMNC Land envisions MNC Smart City as the \u201cCity of the Future\u201d. A place where Indonesia\u2019s growing, dynamic population can enjoy the convenience and comfort of a sophisticated urban living experience. Located on the outskirts of Jakarta, MNC Smart City is close to several of the city\u2019s under construction infrastructure projects that will ensure easy transportation for residents. The developer continues to craft the city\u2019s masterplan that will feature the latest in smart city infrastructure.\n\n\nKL Eco City\n\n\n\n\nBest Transit Oriented Development\n\n\n\n\nKL Eco City from Malaysian developer SP Setia promises to be a world-class, city-within-a-city anchored by commercial offices, retail outlets, luxury residential towers and a hotel. Additionally, KL Eco City will act as an integrated rail hub that comprises the existing Abdullah Hukum LRT station along with the new KTM Komuter station. The transit oriented development also has several innovative pedestrian and road features designed to provide a seamless travel experience.\n\n\nCongrats to all of Dot Property Southeast Asia Awards 2019 winners!\n\n"} {"url": "https://www.dotproperty.com.my/blog/meet-dot-property-vietnam-awards-2022-project-winners", "title": "Meet the Dot Property Vietnam Awards 2022 project winners", "body": "\n\nPhu My Hung The Horizon from Phu My Hung Development Corporation won Best Transit Oriented Development Vietnam 2022\n\n\nDot Property Vietnam Awards 2022 project winners are outstanding in their own unique ways. Each one excels in their category and has contributed to the improvement of the country\u2019s property market. This year saw condominium, resort and township developments honored.\n\n\nDot Property Vietnam Awards 2022 project winners\n\n\nBest Transit Oriented Development Vietnam 2022 \n\n\nPhu My Hung The Horizon from Phu My Hung Development Corporation\n\n\nPhu My Hung urban area is among Ho Chi Minh City\u2019s most exciting areas. With a new central business district and public transportation set for the region, it will become a strategic place for both work and life. No project embraces this quite like Phu My Hung The Horizon.\n\n\nAs one of Vietnam\u2019s first transit-oriented developments, it has brought a fresh and important project type to the country. Phu My Hung The Horizon proudly provides an All-In-One lifestyle connecting residents, employees and those exploring the neighborhood. What\u2019s more, it serves as a vital connection to Ho Chi Minh City and the Mekong Delta region.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBest Luxury Residences & Resort Complex Vietnam 2022 \n\n\nVenezia Beach from Hung Vuong Developer\n\n\nWhile Vietnam has a number of stunning resorts, Veneizia Beach is more than a place to holiday. It is a destination that should not be missed by tourists. The size and scale are staggering with hotels, shopping, entertainment, MICE facilities and even the ability to host cruise ships incorporated into the complex.\n\n\nBut behind the quantity is quality. Hospitality projects at Veneiza Beach will be managed by leading brands, such as Marriott International and Best Western. Meanwhile, world renowned architectural partners have been entrusted with the design.\n\n\nBest Mid-Market Condo Development Vietnam 2022 \n\n\nPhu Dong Sky Garden Condo from Phu Dong Group\n\n\nPhu Dong Sky Garden brings several elements together in order to offer a quality living experience to today\u2019s residents, especially young ones. Situated close to District 1 in Ho Chi Minh City, this condominium has been created to fill the needs of people residing and working in Ho Chi Minh City.\n\n\nThe project boasts high-class and elaborate facilities that are usually found in more upscale developments. However, Phu Dong Sky Garden is priced competitively to ensure mid-market buyers have the best within their budget. Small touches, such as fresh wind and natural light, can be seen and felt in all residences to assure a healthy experience.\n\n\nBest Lifestyle Township Development Southern Vietnam 2022 \n\n\nTNR Grand Long Khanh from TNR Holdings Vietnam\n\n\nTNR Grand Long Khanh is the only urban project in Long Khanh city and it features a prime location next to the arterial roads connecting Ho Chi Minh City. And while surroundings play a vital role when it comes to lifestyle, it is not the only factor.\n\n\nLiveability is extremely important, and this is another facet where TNR Grand Long Khanh shines. The township features contemporary green living spaces that have been planned and designed according to the model of a modern urban area. These are supported by lifestyle amenities and many other features.\n\n\nRead More:\n\u00a0\nDot Property Vietnam Awards 2022 Honors 48 Winners As Resiliency, Recovery and Sustainability Take Center Stage\n\n"} {"url": "https://www.dotproperty.com.my/blog/meet-dynamic-female-leaders-writing-next-chapter-real-estate-southeast-asia", "title": "Meet the dynamic female leaders writing the next chapter of real estate in Southeast Asia", "body": "\n\nDynamic female leaders are playing an important role when it comes to property in Southeast Asia\n\n\nThis article on dynamic female leaders in the Southeast Asia real estate sector appears in the latest issue of Dot Property Magazine. \nClick here to read it\n.\n\n\nSoutheast Asia is a leader when it comes to women in business. This isn\u2019t to say the situation is perfect or more work can\u2019t be done towards gender equality. However, the region is more progressive than other parts of the world.\n\n\nFor example, the CS Gender 3000 report from Credit Suisse found the Philippines had the highest percentage of women in management globally. Meanwhile, Malaysia, Singapore and Thailand were all in the top ten.\n\n\nAdditionally, the same report found that Singapore was home to the most companies led by female CEOs. Thailand had the highest percentage of female CFOs in the world.\u00a0 And these trends go beyond the boardroom. Women\u2019s participation as business leaders isn\u2019t simply limited to large corporations.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nA 2018 study from Mastercard showed a growing number of women are becoming entrepreneurs in Southeast Asia. Research highlighted the fact Vietnam has the sixth highest percentage of women-owned businesses globally with Singapore and Thailand also ranking highly.\n\n\nThese numbers are promising, but more work is required to eliminate the gender and income gaps. If women were working to their full potential with equal pay and support, the global GDP would increase by USD28 trillion by 2025, according to estimates from McKinsey. While in some places this issue is portrayed as a divisive subject pitting men against women, the reality is that a world without gender equality actually hurts everyone.\n\n\nFour\u00a0dynamic female leaders writing the next chapter of real estate in Southeast Asia\n\n\nThe real estate sector has been at the forefront of gender equality in the region. Dynamic female leaders can be found at major developers, top real estate agencies and just about everywhere else in the industry. These are just a few of the dynamic female leaders writing the next chapter of real estate in Southeast Asia.\n\n\nNguyen Thi Thanh Tu \n\n\nChairwoman, TLM Corporation\n\n\nVietnam\n\n\nNguyen Thi Thanh Tu (right) at the Dot Property Vietnam Awards 2019\n\n\nNguyen Thi Thanh Tu is truly a pioneer when it comes to real estate in Vietnam. As Chairwoman of TLM Corporation, she is at the helm of the country\u2019s newest and most ambitious developer. The firm launched several exciting projects over the past few years, including King Bay Ecological & Integrated Township.\n\n\nThe strategically located development is unlike anything else currently in Vietnam. Perhaps the most unique aspect of King Bay is the feng shui phoenix terrain that is believed to bring fortune to the owners. This design allowed TLM Real Estate Group to incorporate several unique green elements into the development while catering to the preferences of local homebuyers.\n\n\nIt\u2019s all part of TLM Corporation\u2019s larger vision. Thanh Tu doesn\u2019t simply want to be a real estate developer. She wants the company to work hard towards creating a better community, a better environment and a better place to live through sustainability and CSR outreach.\n\n\nShe believes it is important to achieve business development goals in parallel with contributing to social stability and development. This is done by making a positive impact that nurtures a community of sustainability and kindness.\n\n\nSince entering the real estate sector in 2013, she has overseen numerous CSR efforts. At TLM Corporation, Thanh Tu has organized countless initiatives that helped local communities and supported various charitable causes.\n\n\nTLM Corporation has launched several world-class projects that embrace sustainability and environmentally friendly design. But this is only part of the story. For Thanh Tu, it is vital for the developer to elevate local communities and create something everyone enjoys.\n\n\n\u201cOur relentless efforts in investing and developing high-class real estate projects, creating green eco-urban areas with modern facilities and meeting the increasing demands of customers is in line with the general real estate development trends of the world,\u201d Thanh Tu explains. \u201cOur mission is to also contribute to the building of businesses associated with the development of the community and to join hands to help the disadvantaged in our society.\u201d\n\n\nLeong Kit May\n\n\nChief Executive Officer/Executive Director, Axis REIT\n\n\nMalaysia\n\n\nLeong Kit May has overseen a period of success and growth at Axis REIT\n\n\nLeong Kit May has accomplished a lot since joining Axis REIT in 2006. She was promoted to Chief Financial Officer in 2008 while overseeing the conversion of Axis REIT into Malaysia\u2019s first Islamic Office/Industrial REIT.\n\n\nIn 2011, Kit May was appointed to the Board of the Managers as an Executive Director and would eventually be named Chief Executive Officer five years later. Her journey from accountant to top job in an industry dominated by men was surprising to just about everyone, even herself.\n\n\n\u201cI never imagined myself in a male-dominated profession. I was ambitious but that\u2019s because I wanted a better quality of life for my family and parents. I only envisaged myself being an accountant or CFO after I graduated. But I would say that my accounting qualification provided me with a financial perspective in dealing with business and charted the foundation of my experiences. One thing led to another and I am blessed to be where I am today,\u201d Kit May told The Edge.\n\n\nShe has overseen a period of success and growth at Axis REIT with the company now boasting a diverse portfolio of 48 properties. Kit May has been instrumental in pivoting the REIT towards industrial and logistics real estate while also overseeing its entry into property development.\n\n\nIn addition to being one of the country\u2019s most successful REIT\u2019s, Axis also has one of Malaysia\u2019s most diverse management teams. Women currently hold eight of ten management positions at Axis REIT.\n\n\nEsther An\n\n\nChief Sustainability Officer, City Developments Limited\n\n\nSingapore\n\n\nEsther An was honored as an SDG Pioneer for Green Infrastructure and A Low Carbon Economy by the UN Global Compact in 2018\n\n\nWhile sustainability is driving property development today, it was a total afterthought when Esther An first joined City Developments Limited in 1995. For more than two decades, she has been championing green building and sustainability in Singapore by embracing the UN Sustainable Development Goals (SDGs).\n\n\n\u201cIn the mid-1990s, sustainability and climate change were not familiar concepts to many in this part of the world. However, greater global awareness of the impact of climate change and increasing recognition of the strategic connection between sustainability and business performance has been the driving force for companies to be proactive rather than reactive in sustainable development. For instance, businesses can no longer ignore the impact of climate change risks on their bottom line,\u201d Esther said in an interview with Green in Future.\n\n\nHer efforts have not gone unnoticed. She was honored as an SDG Pioneer for Green Infrastructure and A Low Carbon Economy by the UN Global Compact in 2018. However, her true impact as Chief Sustainability Officer can be seen throughout City Developments Limited\u2019s portfolio.\n\n\nTree House condominium in Singapore was the Guinness World Record holder for \u2018Largest Vertical Garden\u2019 upon completion in 2014. Of course, it looked cool. But more importantly, this feature cut heat absorption which significantly reduced the need for air conditioning.\n\n\nCity Developments Limited has also launched Singapore\u2019s first eco-mall, City Square Mall; Singapore\u2019s first zero energy green art gallery; and the first CarbonNeutral\u00ae development In Asia Pacific during Esther\u2019s tenure as Chief Sustainability Officer.\n\n\nGrace Rachny Fong\n\n\nExecutive Director, Century21 Cambodia/Vice President, Cambodian Valuers And Estate Agents Association\n\n\nCambodia\n\n\nGrace Rachny Fong has overseen a major expansion of Century21 Cambodia\n\n\nGrace Rachny Fong has been a trailblazer in Cambodian real estate. She founded her own agency, was the first woman from Cambodia to receive a certificate of training from the National Realtor Association and has been recognized as an industry leader on several occasions.\n\n\nShe has overseen a major expansion of Century21 Cambodia which now has 38 branches across the country. Additionally, Grace currently serves as Vice President of the Cambodian Valuers And Estate Agents Association.\n\n\nAs one of only a handful of female real estate leaders in Cambodia, Grace is a positive role model. She has taken part in several talks aimed at encouraging more women to enter the industry.\n\n"} {"url": "https://www.dotproperty.com.my/blog/meet-impressive-designs-southeast-asia", "title": "Meet some of the most impressive designs in Southeast Asia", "body": "\n\nBest Luxury Villa Development Landscape Design went to Pirom at Vineyard\n\n\nThere are many types of designs in the real estate sector. Architecture, interior and landscape are among the most well known, but even fields like recreational design have become more important in recent years. The Dot Property Southeast Asia Awards 2020 saw some of the region\u2019s most impressive designs honored. Let\u2019s check them out.\n\n\nBest Luxury Villa Development Landscape Design \u2013 Pirom at Vineyard\n\n\nPirom at Vineyard is a paradise of unspoiled land nestled in Khao Yai\u2019s gorgeous hillside two hours away from Bangkok. Half of the spacious development has been dedicated to common areas and gardens ensuring a connection between land and architecture. Harvard Graduate School of Design alum Wannaporn Pui Phronprapha of P Landscape planned Pirom at Vineyard in a way that allows for privacy and undisturbed views of nature for every residence.\n\n\nBest Luxury Condo Architecture Design \u2013 The Matrix One\n\n\nBest Luxury Condo Architecture Design \u2013 The Matrix One\n\n\nWith its sleek design and prime location, The Matrix One has quickly become one of the most in-demand residential developments in Hanoi. The project has created a new living standard by fully converging modern conveniences with classy living values. The stunning architecture design incorporates the best in luxury elements to create a world class condominium.\n\n\nBest Luxury Condominium Recreational Design \u2013 THE ESSE Sukhumvit 36\n\n\nBest Luxury Condominium Recreational Design \u2013 THE ESSE Sukhumvit 36\n\n\nNo residential development has the scope of recreational facilities that THE ESSE Sukhumvit 36 has. The project has gone well beyond the standard range of amenities to craft a place where residents can live their best life. There are diverse gardens throughout the condominium that intertwine with other spaces. That\u2019s in addition to the Sky Theatre, golf simulator and other facilities on-site. What\u2019s more, the design of these has been implemented to guarantee privacy for residents.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBest Luxury Villa Development (Architectural Design) \u2013 Anchan Hills\n\n\nBest Luxury Villa Development (Architectural Design) \u2013 Anchan Hills\n\n\nAnchan Hills is a villa development in Phuket unlike any other. The project utilizes a modern Balinese style that allows for a luxurious living experience. The architectural design creates a harmony between the internal and external spaces that embraces the island\u2019s tropical charm. Two of the main features of each villa are the special wooden roof design and green slate walls. These two elements allow for a natural appearance that provides a relaxing ambiance to each villa.\n\n"} {"url": "https://www.dotproperty.com.my/blog/metro-manila-condo-demand-takes-off-people-return-work", "title": "Metro Manila condo demand takes off as people return to work", "body": "\n\n\n\nThis article on\u00a0Metro Manila condo demand appeared in the\u00a0Dot Property Group Metro Manila Condo Market Report 1\nst\n Half 2022. \nDownload it here for free\n!\n\n\nThe return to work has caused Metro Manila condo demand to soar during the first half of 2022. Between the fourth quarter of 2021 and first quarter of this year, Dot Property Group, the Philippines largest real estate network, recorded a 17.8 percent increase in inquiries. That was followed by a bigger jump in the second quarter when interest rose by 28.2 percent when compared to the previous three months.\n\n\nCompanies resumed in-person operations in the early stages of this year with most being 100 percent onsite by March. Many employees who had retreated to the suburbs during the pandemic began actively looking for condo units closer to the workplace.\n\n\nThis is in line with more general real estate market trends being seen in Metro Manila at the moment. According to Santos Knight Frank, retail vacancy fell to 4.6 percent in the second quarter which is nearing pre-pandemic levels. Meanwhile, Leechiu Property Consultants reported that office demand doubled in the National Capital Region during the April-June period.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFurther highlighting the reality that more people want to live closer to work is the fact Taguig and Makati were the locations with the strongest Metro Manila condo demand. These two areas, which are home to several key business districts, accounted for 46.1 percent of all inquiries during the first half. Quezon City, City of Manila and Pasig round out the top five locations for condos.\n\n\nRelated:\n\u00a0\nHome prices rise across the Philippines, Metro Manila sees 9.5% increase\n\n\nMetro Manila Condo Demand By Price in the First Half of 2022 (% of Total Inquiries) \n\n\n\n\n\n\n\n\nPHP50 Mil\n\n\n6.9%\n\n\n\n\n\n\n\n\nKey stats from the Dot Property Group Metro Manila Condo Market Report 1st Half 2022\n\n\nIn terms of cost, Metro Manila condo demand was spread across the market. Units priced at PHP5 million and below were most popular and they comprised nearly 40 percent of all inquiries made to the Dot Property Group during the first six months of 2022. The mid-range and luxury segments also saw strong demand.\n\n\nStudio and one-bedroom units made up almost half of all interest. This comes as no surprise given these make up the bulk of supply. However, multi-bedroom units do appear to be more popular post-pandemic and developers will need to take this into account when launching future projects in Metro Manila.\n\n\nFor more insights, \ndownload your copy of\u00a0the\u00a0Dot Property Group\u00a0Metro Manila Condo Market Report 1\nst\n\u00a0Half 2022\n\n"} {"url": "https://www.dotproperty.com.my/blog/metro-manila-condo-market-keeps-climbing-hope-remains-outside-ncr", "title": "Metro Manila condo market keeps climbing while hope remains outside NCR", "body": "\n\n\n\nThe Metro Manila condo market continues to perform with strong demand propelling the entire residential real estate sector in the Philippines. Data from Bangko Sentral ng Pilipinas (BSP) found the average price for condos in the country during the second quarter grew by 9.6 percent when compared with the same period last year.\n\n\nThe National Capital Region (NCR) saw residential property prices increase by 5.2 percent, however the number was brought down by a decline in prices for single-detached houses and townhouses.\n\n\nDemand for home loans was strongest in Metro Manila with BSP noting that 43 percent of all residential loans granted came from the NCR. The bank added that the bulk of these loans were for condo units.\n\n\nLooking beyond the Metro Manila condo market\n\n\nWhile the Metro Manila condo market is seeing the bulk of the action, experts remain upbeat about prospects elsewhere in the country. \nLobien Realty Group Inc. Chief Executive Officer Sheila Lobien explained to The Manila Times\n\u00a0that areas such as Pampanga, Cebu and Davao are all promising.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cCebu is home to the biggest masterplanned developments in the Visayas with numerous options for office, commercial and residential needs,\u201d Lobien stated. \u201cThe province also has several infrastructure on the rise to cater to increasing demand in the real estate sector.\u201d\n\n\nFor many developers in Cebu, \n2018 was a great year with sales last year surpassing the expectations\n. Tourism has been a key driver for the market with the opening of Terminal 2 at Mactan-Cebu International Airport bringing a record number of visitors to the region.\n\n\n\u201cThe year 2018 is the best year for us compared to previous years. Our sales registered the highest since we entered the real estate business in Cebu,\u201d AppleONe Properties\u2019 President Ray Go Manigsaca told Philstar.\n\n\nLobien also highlighted Pampanga as an area that has a well-positioned property market. The government\u2019s infrastructure push has moved into the province with PNR North 1 line among the notable transportation projects underway.\n\n\nSee more:\u00a0\nGetting to know Pampanga, an up-and-coming property hotspot\n\n\nThe mass transportation railway will eventually connect Metro Manila with Clark International Airport and New Clark City, significantly reducing travel times in the process. Additionally, Clark International Airport is set to open a new airport terminal in 2020 with two more terminals in the planning stage. All of this work should help boost the local property market in the coming years.\n\n"} {"url": "https://www.dotproperty.com.my/blog/mining-energy-dump-also-stops-plastic-waste-leakage", "title": "Mining for energy in the dump also stops plastic waste leakage", "body": "\n\nINSEE Ecocyle mines landfills in Thailand for plastics that can be used as refuse-derived fuel \n\n\nPlastics are unavoidable in Southeast Asia. Plastic waste leakage into the ocean continues to be a major problem for many countries in the region. In a special three part series, Dot Property will look at the issue, a creative solution and what the future holds for ocean plastics. (\nClick here to read part one\n).\n\n\nStopping plastic waste leakage from landfills is necessary to prevent more plastics from entering the ocean. Especially in rural parts of Southeast Asia where natural disasters like floods see waste from landfills enter local water sources. These water sources feed into oceans where it joins the 12.8 million metric tonnes of plastic already polluting the waters.\n\n\nThe good news is that there is a way to recover some of the plastic currently settled in Southeast Asian landfills. Not only can it be removed, but this material may have some value after all.\n\n\nLandfills are rich in refuse-derived fuel (RFD). Waste, such as plastic, and other materials can be used as fuels in a cement kiln providing they meet certain specifications. In most cases, these materials need to be pre-processed before use to ensure effectiveness. After that, it is then fed to the cement kiln where it is used to help generate the extreme temperatures, greater than 1800 degrees Celsius, required.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBefore starting the process of RDF plastic extraction at landfills in Thailand, the municipality or landfill owner must give approval. Once that has been achieved, a mobile waste separator moves in to begin the process of waste segregation.\n\n\nA look at the RDF plastic extraction setup\n\n\nA crew armed with an excavator, wind shifters, shredders and other equipment are tasked with the job. A clear area is needed and a steady surface must be created, two things not always readily available at most landfills. Safety is of paramount importance with the right equipment used and the highest standards being met.\n\n\n\u201cOf course, this is not a fun job. Landfills are difficult places to work in. It smells and there is quite a bit of discomfort,\u201d Dr. Vincent Aloysius, CEO at INSEE Ecocycle, states. \u201cThat being said, the teams who do undertake this task relish the challenge. They are pumped up about it actually. It\u2019s fantastic to see. They believe they are doing something good and their work effort to maintain the operation is amazing. You will never see people this excited to be at a landfill.\u201d\n\n\nThe dirty details of\u00a0RDF plastic extraction\n\n\nSo what are these excited folks looking for? Plastics. And not the big pieces you\u2019d expect. Little scraps of plastic that have been soiled are mined for. The process is complicated since various types of plastics have co-mingled with unusable materials. And as you would expect at a landfill, everything is soiled,\u00a0making RDF plastic extraction that much harder.\n\n\n\u201cIn order to find these materials, an area of the landfill is essentially mined in the same way gold or other minerals are discovered. The shifters and shredders go through the waste uncovering the bits of plastic that can be collected,\u201d Dr. Aloysius explains. \u201cThis is then sent to an INSEEE Ecocycle facility for furthering polishing where it finally becomes a useable RDF.\u201d\n\n\nRoughly 10,000 tonnes of RDF plastic waste is extracted and processed by INSEE Ecocycle on its own while additional waste is sourced from landfills operators across Thailand each month. This may not seem like a lot, but by finding and extracting it, you remove the possibility it can ever enter the ocean.\n\n\n\u201cThere is so much plastic out there that we are hardly scratching the surface. We want to stop the leakage of plastic waste and by mining for RFD in landfills, you\u2019re removing a source of this,\u201d Dr. Aloysius points out.\n\n\nEven with these efforts, it may be some time before all recoverable plastics in landfills are removed. In part three of our series on ocean plastics, we conclude with a look at the future of plastic waste leakage including what more can be done to stop it from reaching the ocean.\n\n"} {"url": "https://www.dotproperty.com.my/blog/mm2h-a-resounding-success", "title": "MM2H: a resounding success", "body": "\n\n\n\nFigures just in reveal how successful the Malaysia My Second Home programme is.\u00a0\n\n\nThe Malaysia My Second Home (MM2H) programme has contributed to the country coming sixth place in the International Living\u2019s 26th Annual Global Retirement Index for 2017. Aside from this placing, it has also generated considerable revenue for different segments across the country.\n\n\nMM2H has generated MYR 4.9 billion for the country since 2012. This figure is for real estate alone. The scheme has also injected MYR 12.8 billion to the economy as a whole. This is in addition to MYR 52 million in visa fees, MYR 4.9 billion in fixed deposits and MYR 148 in automobile purchases. Figures not be taken lightly.\n\n\nThe MM2H scheme permits foreigner retirees to own property in return for a ten year visa. One reason that makes Malaysia the \nideal place to invest in property.\n Response to the programme has been \noverwhelming\n. Over one million applications have been received in a six year period. However Malaysia have only approved 33,300 applicants. The country want to ensure that they only allow credible applicants rather than just opening the floodgates.\n\n\nThese figures are according to the Minister of Tourism and Culture. The announcement comes when the ministry and central Bank of Malaysia, Bank of China, have renewed terms for MM2H. The purpose is to expand the scheme\u2019s reach across China in order to lure more participants in.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nChina makes up the highest number of approved retirees from the successful applicants that span 126 countries. Next is Japan which regards Malaysia as being the place most liked for long stay destinations by their residents. A accolade that has remained consistent over the last 11 years. Bangladesh follows next and then the UK, Iran, Singapore, Taiwan, Korea, Pakistan and India.\n\n"} {"url": "https://www.dotproperty.com.my/blog/more-caution-in-asia-pacific", "title": "More caution in Asia-Pacific", "body": "\n\n\n\nMalaysia does not features in a list of where overseas institutional investors intend to invest in the Asia-Pacific region during the next 12 months.\n\n\nAccording to real estate firm Colliers International in its \nGlobal Investor Outlook\n research report, in terms of a portfolio strategy most investors looking at Asia (56 percent) indicated a requirement to expand their real estate portfolio over the next 12 months, although this is lower than last year\u2019s 74 percent.\n\n\nMany investors are taking a more cautious approach as China\u2019s economic slowdown has translated into dampened activity in the China property sector despite relaxation of legislation.\n\n\nA similar decline was observed among Australian and New Zealand investors, with 48 percent expecting to be net buyers in the 12 months compared to 61 percent last year.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFewer investors planning to take more risk\n\n\nThe number of Asian investors willing to take more risks in the next 12 months has declined to 33 percent from last year\u2019s 58 percent. This has partly been due to investors\u2019 preference to wait for a clearer direction on where the economy is headed, Colliers noted.\n\n\nA key concern mentioned by an US-based private equity fund is currency volatility when investing in markets like India and China, which could significantly impact investment returns on exit.\n\n\nNot surprisingly, economic growth and sovereign/political risks were mentioned as the crucial market factors that will likely affect the global property outlook in the next 12 months.\n\n\nAlthough overwhelmingly positive about the market, Australian and New Zealand investors are rather risk averse. Very few of them (35 percent) are prepared to take on higher levels of risk to achieve higher returns. In that respect, they are among the most risk averse investors globally.\n\n\nJapan and Australia are overseas investors\u2019 top markets\n\n\nAustralia and Japan are global investors\u2019 preferred destinations in Asia-Pacific in the next 12 months. While the Australian market is traditionally dominated by domestic investors, a third of the total is currently from offshore. China is now the largest offshore investor in Australian commercial property.\n\n\nWhen taking into account capital coming from outside Asia-Pacific only, Japan (a primary target for 59 percent of offshore investors with an Asia-Pacific focus) leapfrogged Australia (53 percent), with this duo being followed by Hong Kong (33 percent), China (31 percent) and Singapore (30 percent).\n\n\nOn the other hand, South Korea, New Zealand, Taiwan and India were quoted more frequently as secondary targets by this group of investors.\n\n\nTokyo and Sydney head-to-head\n\n\nGiven these country preferences, it does not come as a surprise that Tokyo (33 percent) and Sydney (29 percent) are overseas investors\u2019 preferred cities in Asia-Pacific during the next 12 months, followed by Melbourne (23 percent).\n\n\nThis is consistent with global capital flows data year-to-date, where Tokyo and Sydney are two of the three Asia Pacific cites in the top ten of the most popular markets for cross-border investors, in seventh and fifth place respectively. Interestingly, they\u2019re both preceded by Shanghai in third place.\n\n\nMost of these cities also feature in Asia-Pacific investors\u2019 primary targets list: globally, Asian investors favour Singapore (41 percent) over Tokyo (38 percent), followed by Sydney (31 percent) and Melbourne (28 percent).\n\n\nAccording to a Hong Kong-based private equity fund, Japan is one of the domestic markets they will be looking into as the country offers high liquidity, recording a high volume of deals involving office assets over the year. Other markets favored by Asian capital in the survey include first-tier cities in China (e.g. Beijing, Shanghai) and Hong Kong.\n\n\nIn addition to Sydney and Melbourne, Australian and New Zealand investors will stick to their domestic market and target primarily Brisbane and Auckland.\n\n\n\n\n\u00a0\n\n\n\u00a0\n\n\n\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/more-interest-in-se-asia", "title": "More interest in SE Asia", "body": "\n\n\n\nInterest from Europe and the United Kingdom in overseas property investments in both Thailand and the Philippines improved during April, according to the monthly \nTop of the Props\n chart from U.K.-based property website T\nhemovechannel.com\n.\n\n\nThailand, after climbing to a top-five spot in the middle of last year, was the 13\nth\n most-searched overseas property destination on the website last month, with 0.70 percent of all searches.\n\n\nThe Philippines, which overtook Thailand to hold the crown of the most popular destination for overseas property on the website in February, was ranked 14\nth\n last month with 0.61 percent of all searches.\n\n\nRelated story: \nPhilippines tops Thailand\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThailand\u2019s position in April was three places higher month-on-month while the Philippines rise seven spots.\n\n\nIndonesia and Cambodia are the only other countries from Southeast Asia to feature in the top 50 of most-searched destinations on the website.\n\n\nElsewhere, the monthly survey revealed that property investors are still confident in the UAE market as it entered the top 10 destinations for the second time this year during April.\n\n\nWhile developers in Dubai push ahead with their construction plans, buyers are also continuing with their property purchases. The UAE rose 10 places in April\u2019s Top of the Props chart to seize 8th spot from Brazil, accounting for 2.39 percent of all enquiries on \nTheMoveChannel.com\n.\u00a0Demand also surged for property in the Dominican Republic, which leapt 10 places into 9\nth\n place, accounting for 1.44 percent of last month\u2019s activity.\n\n\nAt the top end of the chart, the United States remained in the number one destination, making up 11.96 percent of enquiries (down slightly from 13.45 percent). Portugal stole second place from Spain with its share of enquiries increasing to 4.49 percent, ahead of Spain\u2019s 4.16 percent).\n\n\nTo read the full April 2016 Top of the Props chart click here.\n\n\n\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/more-questions-than-answers", "title": "More questions than answers", "body": "\n\n\n\nMyanmar\u2019s much-anticipated and long-awaited new Condominium Law will, in principle, allow foreign buyers and investors to own up to 40 percent of high-rise buildings in the country.\n\n\nBut the law, which was passed late last month, is widely considered by experts to be vague and could be contradictory to other existing laws within the country.\n\n\nThe new Act allows overseas buyers and investors to buy units on the sixth floor or higher, but they are not allowed to manage properties. This could be interpreted as being not able to rent them. They will also be able to acquire shared ownership of the land where the condo is built.\n\n\nMany industry experts have viewed this latest move as an improvement over previous property laws, especially with the advent of AEC 2015 at the end of last year, where more Southeast Asian countries are expected to relax foreign ownership laws over the medium- and long-term.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSpeaking to \nDot Property Group\n Tony Picon, Managing Director of Colliers International Myanmar based in Yangon, said: \u201cAfter the news of the new law it has gone quiet so more questions than answers.\n\n\n\u201cThe 40 percent foreign quota is encouraging, but there are still many issues such as how this chimes with the current Companies Law,\u201d he added.\n\n\nPicon said the Companies Act is due to be amended to fit with the new property laws.\n\n\nIt\u2019s clear the new Act needs clarification, but it has to be a step in the right direction \u2013 even though the number of condominiums in the country is extremely small compared with other Southeast Asia countries.\n\n\nThe new National League for Democracy was sworn in yesterday (February 1).\n\n\nMain image: A \nrooftop penthouse for lease through Colliers International Myanmar at Dagon Centre in Yangon, Myanmar\n.\n\n\n\u00a0\n\n\n\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/most-exclusive-branded-residences-in-southeast-asia", "title": "Explore the most exclusive branded residences in Southeast Asia", "body": "\n\nBranded residences are nothing new in Asia. Both hospitality and design firms have been lending their brands and the seal of approval that comes with it to residential developments throughout the region. However, Asia\u2019s most exclusive branded residences offer a lot more than just a familiar name.\n\n\nThey are truly special real estate projects that provide an unmatched living experience. From to beautiful beach retreats to ultimate urban sanctuaries, these developments can be found across the region. Let\u2019s take a look at what makes the most exclusive branded residences in Southeast Asia so special.\n\n\nRelated:\n \nWhat\u2019s the difference between branded residences and serviced apartments?\n\n\nExplore the most exclusive branded residences in Southeast Asia\n\n\nAvadina Hills by Anantara\n\n\nLocation:\n Phuket, Thailand\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAvadina Hills by Anantara offers great views\n\n\nOne of Thailand\u2019s newest developments also promises to be one of the most exclusive branded residences in Southeast Asia. Of course, you\u2019d expect nothing less from a project located along Phuket\u2019s exclusive \u2018Millionaire\u2019s Mile\u2019. Avadina Hills by Anantara sits on a hill overlooking Layan Beach, adjacent to the 5-star Anantara Layan Phuket Resort.\n\n\nThere are only 11 pool villas available ensuring unmatched exclusivity. Each one has a minimalist design with floor-to-ceiling glass windows, granite floors and teak ceilings that create a natural indoor-outdoor flow and maximize panoramic views of the Andaman Sea. Villas range from four to ten bedrooms and each one is equipped with a white-stone infinity pool and a spacious sundeck. In addition to all this, there are two lower floors that come unfitted to allow for customization.\n\n\nYOO8\n\n\nYoo8 is part of 8 Conlay\n\n\nLocation:\n Kuala Lumpur, Malaysia\n\n\nYOO8\n is backed by prestigious design house YOO who are partnering with two of the world\u2019s most prominent designers \u2013 Steve Leung and Kelly Hoppen. The two tower residences are part of 8 Conlay, one of the most exciting mixed-use developments in the region.\n\n\nTower B of YOO8 features interiors from Hoppen who has created two exclusive concepts which will only be found here. Meanwhile, Leung has crafted interiors that combine a modern outlook with distinctively Asian accents for Tower A. The amenities of YOO8 have everything from a multi-tiered park in the sky to ample recreational space all designed to meet the needs of modern residents. Finally. Kempinski, a 6-star hotelier, has been selected to manage the residences.\n\n\nCasa Marina Premium operated by Radisson\n\n\nLocation:\n Binh Dinh, Vietnam\n\n\nCasa Marina Premium features luxurious villas and apartments\n\n\nCasa Marina Premium is a collection of villas and apartments operated by the popular Radisson hotel brands. It is part of BCG Land\u2019s Casa Marina Resort, an up-and-coming tourism development in Vietnam. Located in Binh Dinh, Casa Maria Premium takes inspiration from natural beauty found all around the development and the region\u2019s unique cultural heritage.\n\n\nThe residences at Casa Marina Premium are spread across the surrounding green forest. Each villa possesses a stunning sea view that provides a peaceful living experience not found elsewhere in Vietnam. Design throughout the resort utilizes Feng Shui principles while modern elements ensure unmatched convenience. All of this is complemented by management from the world-class Radisson hotel brand. This project is not available to overseas buyers yet as\u00a0\nVietnam foreign property ownership continues to grow slowly\n.\n\n\nPullman Residences\n\n\nPullman Residences is close to Orchard Road in Singapore\n\n\nLocation:\n Singapore\n\n\nSteps away from Singapore\u2019s \nOrchard Road\n is Pullman Residences, an impressive, freehold development mixing stylish design with unmatched convenience. The 30-storey tower features louvered, vertical panels that raise up towards the sky as well as an uncompromising fa\u00e7ade that signifies strength.\n\n\nEach residence is equipped with a spacious balcony offering views of the city as well as modern kitchens are fitted with premium and sophisticated fixtures. Service at Pullman Residences is second to none with concierge, doorman and club lounge ambassadors on hand to look after the everyday needs of residents. Additionally, a wide range of personalized services have been made available.\n\n\nThe Residences at The Westin Manila Sonata Place\n\n\nLocation:\n Metro Manila, the Philippines\n\n\nA look inside the lobby at The Residences at The Westin Manila Sonata Place\n\n\nThe Residences at The Westin Manila Sonata Place is the first Westin-branded residences in Southeast Asia. It was among the first branded residences to be launched in the Philippines and promised an experience unlike anything currently available in the country. That starts with the Westin experience. Everything from the brand\u2019s famed Heavenly\u00ae Beds to the signature services of the RunWESTIN\u2122 concierge will be offered.\n\n\nThe property stands 50-storeys tall and contains a total of 344 private abodes with one- to three-bedroom units and penthouses all available. Located in the lifestyle hub of Ortigas Center, residents will have easy access to shopping malls with Robinsons Galleria, Shangri-La Mall and SM Megamall all nearby. \nThere are a few units in The Residences at The Westin Manila Sonata Place currently on the market\n.\n\n\nFour Seasons Private Residences Bangkok At Chao Phraya\n\n\nLocation:\n Bangkok, Thailand\n\n\nFour Seasons Private Residences Bangkok At Chao Phraya is a Bangkok icon\n\n\nIt would be impossible to craft a list of the most exclusive branded residences in Southeast Asia and not mention Four Seasons Private Residences Bangkok At Chao Phraya. The 73-strorey residential tower is a riverside icon that provides levels of privacy and exclusivity never before seen in the Thai capital.\n\n\nFour Seasons Private Residences Bangkok At Chao Phraya residents can enjoy a wide range of amenities operated and managed by Four Seasons. These include the sophisticated River Lounge and impressive rooftop Four Seasons Club. Perhaps the best trait of the entire development is the fact all units have been meticulously designed to be a corner unit meaning unobstructed panoramic river and city view for all owners. \nA few units remain in\u00a0Four Seasons Private Residences Bangkok At Chao Phraya\n.\n\n\nAnantara Desaru Coast Residences\n\n\nLocation:\n Desaru, Malaysia\n\n\nSelect villas at Anantara Desaru Coast Residences come with ocean access\n\n\nDesaru has become a go-to weekend getaway location for residents of Singapore and Johor Bahru. It offers beautiful beaches, low-density living and plenty of recreational opportunities. What\u2019s more, it\u2019s only 30-minutes away from Singapore by ferry. Anantara Desaru Coast Residences boast a unique blend of luxury beachfront living and family-friendly activities that allows it stands out when compared to other residential villas in Malaysia.\n\n\nThe project is managed and serviced year-round by the adjacent Anantara Desaru Coast Resort & Villas which provides award-winning services. There are 20 three- and four-bedroom pool villas in total. These residences are set upon an expansive sanctuary with some offering direct access to the pristine South Sea beach.\n\n\nLooking to find your home in one of the most exclusive branded residences in Southeast Asia? \nStart you search with Dot Property!\n\n"} {"url": "https://www.dotproperty.com.my/blog/most-expensive-global-cities", "title": "Most expensive global cities", "body": "\n\n\n\nThe cost of accommodating an employee in London is more than double that of Sydney, Los Angeles or Chicago according to real estate firm Savills in its latest \nLive/Work Index\n which measures the combined cost of residential and office rental per person per year.\n\n\nThe average total cost of accommodation per worker per year in the 20 cities measured is US$ 56,855, a combination of established world cities and their dynamic up and coming rivals, dubbed \u201cupstarts\u201d by Savills. This ranges from US$ 16,500 in Rio de Janeiro to US$ 112,800 in London, closely followed by New York and Hong Kong. San Francisco saw the greatest price rise over the course of 2015, up by 13 percent, compared to a 9 percent fall in Moscow and Rio de Janeiro, and is top of the table in A.T. Kearney\u2019s Ranking for Global City \u2018Future Potential\u2019.\n\n\nYolande Barnes, Head of Savills World Research, said: \u201cThe productivity of cities and their value to global businesses clearly has a pronounced effect on demand and hence rental costs. The highest ranking global cities, London and New York, are also the most expensive for businesses and workers to occupy. Arguably both are achieving a fair price in relation to their composite world city scores, but Hong Kong looks more fully valued.\n\n\n\u201cHowever, world cities can become a victim of their own success when rents rise to the point where affordability becomes an issue. Rapid urbanisation demands supply elasticity \u2013 the test for the top Alpha cities is to supply new business quarters and residential neighbourhoods while capturing the characteristics that made the city attractive in the first place. Growth without social, economic or environmental loss is perhaps one of the biggest challenges facing our world cities today.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhile some of the larger and most prominent world-class cities struggle to replicate their most successful city fabric in new places, other cities are emerging into the global spotlight.\n\n\nReal estate recovery has not been universal but rather concentrated in the cities favoured by occupants and investors in the growing digital and creative economies. This means some relatively small cities, such as Berlin (population 4.3 million) and Dublin (1.7 million) are fast moving into the realm of world-class city status and competing with the giants in a new digital age, while San Francisco\u2019s place in the top 10 now looks secure.\n\n\nFurthermore, real estate growth has shifted back from east to west. From 2005 to 2011 new world cities of \u2018BRIC\u2019 (Brazil, Russia, India and China) countries: Shanghai, Mumbai and Moscow as well as Hong Kong and Singapore significantly outperformed London, New York, Paris, Tokyo and Sydney. But in the years to 2015 this trend has reversed as economic growth and wealth creation has slowed in the new world, economic revival has driven real estate recovery in Europe and, most especially, in the USA.\n\n\nBarnes added: \u201cLooking forward, increasing the supply of high quality workspace will be crucial for emerging cities such as Rio de Janeiro, Mumbai and Lagos, but this stock might not have to be international-style office blocks if a more local low or mid-tech solution is more appropriate.\n\n\n\u201cThe vast majority of workspaces across the globe in both emerged and emerging economies remain small-scale, informal and local buildings rather than international architectural-style, plate glass fronted offices.\n\n\n\u201cThe choice between a fine-grain city of mixed-use neighbourhoods and grand master plans of big blocks faces virtually every world city today and will make a huge difference to the way of life of citizens in their houses as well as work places.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/most-expensive-skyscrapers-are-in", "title": "Most expensive skyscrapers are in\u2026", "body": "\n\n\n\nHong Kong tops the charts as the priciest place to rent a skyscraper.\u00a0\n\n\nData collected from Knight Frank has crowned Hong Kong as the most expensive city to rent a space within a skyscraper. Not surprising considering the cost of living and escalating property prices here. However, what the property firm did reveal is that in Hong Kong it is nearly double that of the second most expensive city: Tokyo. Here the cost is USD 4,900 per square feet as opposed to Hong Kong\u2019s eye-watering USD 8,000 per square feet.\n\n\nHong Kong\u2019s impressive figures are result of a distinct lack of space, and thus supply. A recent transaction of a five-story car park for USD 3 billion illustrates how fierce the property market is here. Buildings are readily ripped down and replaced with newer and more efficient versions in a bid to keep up supply. Whereas in Tokyo, the\u00a0hosts of the 2020 Olympics, there are 45 new skyscrapers in the pipeline.\n\n\nComing third in the charts is Manhattan followed by the country\u2019s other bustling city San Francisco. The former is the financial hub of New York which poses challenges to developing skyscrapers thanks to a height restriction that exists. A hurdle for London too meaning skyscrapers are concentrated in certain pockets of the capital, e.g. the City of London. Home to the \u2018Cheesegrater\u2019 which was recently sold for GBP 1 billion showing that interest remains high here despite news of Brexit. Knight Frank gives London fifth position.\n\n\nSydney is on hot on the heels of London. Followed by Singapore that achieves USD 1,900 per square foot. Despite attempts to cool the residential market, Singapore remains top on agenda\u2019s for overseas investors. This fuels the commercial market as it remains one of the other region\u2019s powerhouses and financial hubs along with Hong Kong. Boston, Taipei and Frankfurt fall eight, ninth and tenth places respectively.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/most-unique-property-investment-opportunity-in-bangkok", "title": "This is the most unique property investment opportunity in Bangkok", "body": "\n\nFinding a unique property investment opportunity in Bangkok can be a challenge. While there is no shortage of options, most of them are ordinary ones. You buy a piece of real estate, make some improvements and either flip it or use it to generate income. However, this can be limiting if you are someone who loves the city and its heritage.\n\n\nRE/MAX Executive Homes is currently representing a unique property investment opportunity in Bangkok that is part of the city\u2019s identity. This house was built in 1932 and has been a landmark in Talad Phu for nearly nine decades.\n\n\nBut it\u2019s not the age that makes this property so rare. There is a rich history behind the residence that makes it part of the city\u2019s fabric. It is the perfect real estate investment for someone who truly loves Bangkok and wants a once in a lifetime opportunity to create something special.\n\n\nRelated:\n \nFind your perfect Bangkok CBD property with the award-winning RE/MAX Executive Homes\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe story behind this Bangkok heritage property\n\n\nDr. Kim built the house in 1932 and it has remained in the family\n\n\nIn 1932, the operator of a local shop selling Chinese medicines decided to build a house. Known as Doctor Kim, he wanted a home near his store in Talad Phu. Eventually, he purchased a plot and built a colonial-style residence that was popular at the time.\n\n\nDespite being wealthy, Dr. Kim was quite humble and recognized in the local community. In fact, every day he would walk to and from his shop, stopping at Wat Pho Nimit Sathit Mahasimaram, a local temple that is also still in the neighborhood.\n\n\nDr. Kim would raise his five children at the house with his eldest son, Colonel Boonrod \u201cRod\u201d Siriwechkun, becoming a key medical figure. Colonel Rod was a highly respected military doctor who set up the first penicillin production facility in Thailand despite lack of support by international pharmaceutical companies.\n\n\nBoth Dr. Kim and Colonel Rod were mentioned by Luang Mueang, a famous writer, in his history of Plu Market. The house is almost entirely original and has been occupied by the direct descendants of Dr. Kim.\n\n\nA unique property investment opportunity in Bangkok\n\n\nThe land plot the house sits on can support additional structures\n\n\nThe house has recently hit the market and presents a unique property investment opportunity in Bangkok for those with a vision. Since the residence has never undergone any major renovations, it remains a true representation of the city\u2019s rich history.\n\n\nFor example, the property boasts the original, stained glass windows that were typical of this era. Additionally, there is a secret room, a feature that is practically unheard of in Thailand. There is also room for some new development. The large lot the house sits on can support new structures or be designed as an outdoor venue.\n\n\nNot only is this property brimming with a potential, but it provides the chance for investors to help maintain and share Bangkok\u2019s vibrant history. This could be a charming tea house or upscale restaurant. It would make for a stunning boutique hotel. Envisioning this home as a museum or art gallery is easy. Maybe you want to restore it and live here yourself. The opportunities are endless.\n\n\nSimply put, this is the most unique property investment opportunity in Bangkok. If you love the Thai capital and want a chance to preserve its heritage, then you can\u2019t let this chance to do something remarkable pass you by.\n\n\nThis property is listed with RE/MAX Executive Homes and will only be sold to a caring owner who plans on preserving its history. \nClick here to learn more about the property\n. For more information, you can contact Khun Tanatporn Komasatit directly at \n[email\u00a0protected]\n or call +66 98 184 4745.\n\n"} {"url": "https://www.dotproperty.com.my/blog/moving-forward-plastics", "title": "Moving forward with plastics", "body": "\n\nPhoto/NOAA - It's important to both stem the flow of plastics into the ocean and cleanup what's already there\n\n\nPlastics are unavoidable in Southeast Asia. Plastic waste leakage into the ocean continues to be a major problem for many countries in the region. In a special three part series, Dot Property will look at the issue, a creative solution and what the future holds for ocean plastics. (\nClick here to read part one\n/\nclick here to read part two\n).\n\n\nThere are two key areas that must be addressed when it comes to plastic waste in the world\u2019s oceans. The first is removal of plastic waste that has already entered the ocean and the second is stopping plastic waste leakage from land-based sources. Both pose significant challenges, but awareness is growing. Let\u2019s start with the latter.\n\n\n\u201cPeople are becoming more aware about plastics. There usage is being reduced and it is now easier to recycle. But, especially in developing countries, they question remains, \u2018Are we doing enough?\u2019 We need to keep finding ways to reuse, recycle and recover plastics,\u201d Dr. Vincent Aloysius, INSEE Ecocycle CEO says. \u201cThe goal is for no plastics to end up in the landfill. If landfills don\u2019t contain plastics, a key source of leakage can be eliminated.\u201d\n\n\nExtracting refuse-derived fuel from landfills is one way to accomplish this, but more is needed. Everyone from the general public to large companies needs to play their part and contribute to solving this issue. Dr. Aloysius notes, plastic leakage isn\u2019t a local or even a regional problem. It\u2019s a global issue.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nEarlier this year, nearly 30 companies teamed up to form the Alliance to End Plastic Waste. They have committed more than USD1 billion to help end plastic waste leakage through global waste management infrastructure development, innovation, education and other programs. This can help, but top-down policies don\u2019t always prove to be effective in Southeast Asia.\n\n\nAccording to Nina van Toulon, Initiator for the Indonesian Waste Platform, bottom-up initiatives started by the local people can be a more effective vehicle to stop plastic waste leakage from entering the ocean.\n\n\n\u201cThe experience of waste management in Indonesia has taught us that top-down waste-management policies from the central government, and the lack of environmental education, are a bad combination that makes waste management efforts totally ineffective, especially in the remote rural areas of this vast country of islands,\u201d Toulon told Thai media last year. \u201cWe also learnt from our campaigns that local communities have great potential to efficiently manage locally generated waste.\u201d\n\n\nTaking plastics out of the ocean\n\n\nPhoto NOAA / A look at the Great Pacific Garbage Patch\n\n\nAction to stop plastic waste leakage continues on land, but removing what\u2019s already in the world\u2019s oceans is proving more difficult. Efforts to eliminate the Great Pacific Garbage Patch, a massive concentration of 1.8 billion pieces of plastic debris that is twice the size of Texas, started last year, but the technology wasn\u2019t up to the task.\n\n\nThe Ocean Cleanup group sent its Wilson device to the garbage patch last year, but it was forced to return to shore in April for repairs. It will take months to fix, but the organization hopes to correct the device\u2019s flaws and restart cleanup efforts. Other cleanup up attempts are also in the pipeline, but we are still years away from efficient ocean plastic waste removal.\n\n\nOne thing to remember, plastic itself isn\u2019t bad. For example, the medical industry has benefited immensely from plastics. Everything from medical devices such as heart valves to MRI machines and even IV bags are made from plastics. Food safety has also improved thanks in part to plastic.\n\n\n\u201cWe shouldn\u2019t demonise plastics. It is an important invention that has improved daily life. The goal isn\u2019t to create a plastics-free world because it is a material that benefits society,\u201d Dr. Aloysius says. \u201cWe must focus on responsible usage, thorough recycling and improved disposal techniques.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/moving-home-made-easy", "title": "Moving home made easy", "body": "\n\n\n\nMove home like a breeze with these top tips.\u00a0\n\n\nFor some the thought of moving sends shivers down their spine! Regardless if you are moving to the next street or the next continent, the same amount of hard work applies. Try to resist leaving everything to the last minute by following our tips to apply when moving home.\n\n\n1. Have a good sort out.\n\n\nComb through your belongings with a fine tooth comb and declutter. There is little point in moving all your belongings to get to your new home and realise you don\u2019t want it. Not only is this timely, but it is costly too. So try and be as ruthless and efficient as you possibly can be.\n\n\n2. Organisation is key.\n\n\nPlanning ahead when moving home is vital for an effortless process. Think ahead and source the right sort of packing materials. Ensure you have strong and sturdy cardboard moving boxes in a variety of sizes, durable packing tape, the correct packing material for each item and a pen to mark each box so you know which room to place the box at the other end. If you have a particularly valuable item, then consider getting bespoke packaging made for it.\n\n\n3. Perfect packing.\n\n\nYou have the right packing materials but it does not stop there as throwing everything in a haphazard way could result in breakages. Create a cushion at the bottom for valuable items. Pack each item individually and never fill a box to the top if that means making it impossible to lift. Remember newspaper can leave residue and spoil silverware so acid free paper is recommended.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4. International movers.\n\n\nInternational moves can involve a few more considerations. Is it cheaper and easier to buy some items in your new country of residence rather than packing them up and paying to move them? Equally though, you may have some must have items that you cannot find elsewhere in the world. Research to determine what those items are to avoid any unnecessary costs. It is also important to check the country\u2019s customs for any restrictions on bringing items in too. Australia has stringent rules on bringing wood into the country so do your research so ensure your items don\u2019t get stuck in customs whilst checks are carried out, or worst still, disposed of.\n\n"} {"url": "https://www.dotproperty.com.my/blog/mqdc-leads-ways-five-honors-dot-property-thailand-awards-2021-ab", "title": "MQDC leads the ways with five honors at the Dot Property Thailand Awards 2021", "body": "\n\nThis article appeared in the most recent issue of Dot Property Magazine. \nClick here to read it\n!\n\n\n\n\nDeveloper of The Year Thailand 2021\n\n\nThailand People\u2019s Choice Award for Project of the Year 2021 \u2013 The Forestias\n\n\nBest Green Development \u2013 The Forestias\n\n\nBest Innovative Development \u2013 The Forestias\n\n\nBest Sustainable Residential Development \u2013 The Forestias\n\n\n\n\nMagnolia Quality Development Corporation (MQDC) has never been afraid to think differently. Ambitious developments, such as \nWhizdom 101\n, introduced never before seen concepts to the Thailand real estate market.\n\n\nThe firm\u2019s efforts in 2021 were driven by continued work on The Forestias, MQDC\u2019s flagship development in the suburbs of Bangkok. The project was bestowed with four honors at the Dot Property Thailand Awards 2021, including the highly coveted Thailand People\u2019s Choice Award for Project of the Year 2021.\n\n\nMQDC was also presented with the Dot Property Thailand Awards\u2019 top honor, Developer of The Year Thailand 2021, due to its continued emphasis on sustainability and innovation. The recognition capped off an impressive 12 months for the firm in which it opened the country\u2019s largest real estate showroom for The Forestias and set sales records for the mixed-use development\u2019s seven residential projects.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe Forestias won four awards last year\n\n\nKhun Kittiphun Ouiyamaphun, MQDC Senior Vice President, reported that more residences within The Forestias were sold in May, June and July of 2021 than in the three years since the project was first announced.\n\n\nRelated:\n \nThis developer is building a forest in Bangkok\n\n\nBetween the overwhelming sales performance and winning four project awards in 2021, The Forestias has proven to be a rousing success. Of course, this isn\u2019t the first time the project has been honored. It took home Best Green Development at the Dot Property Southeast Asia Awards 2019.\n\n\nAccording to MQDC, the project was designed based on the public\u2019s preference for wanting to live around green spaces and nature along with a desire to promote health and well-being for residents.\n\n\n\u201cGreen areas are also key to improving air quality, which is one of the many benefits for well-being we anticipate from The Forestias. Under our strategy of \u2018sustainnovation\u2019, we are finding technological solutions that can reduce power generation, traffic and resource consumption at the site,\u201d MQDC Chief Executive Khun Visit Malaisirirat said. \u201cThe Forestias, for instance, will have innovative high-efficiency utilities, a smart grid and green transport that will work alongside the forest ecosystem to keep the air healthy.\u201d\n\n\nBest Innovative Development \u2013 The Forestias\n\n\nThis focus on sustainability and green living is being empowered through practical innovations that reflect evolving consumer demand driven in large part by the COVID-19 pandemic and \u201cNew Normal\u201d. MQDC has been extremely agile and responsive in identifying trends and adapting its projects to support those requirements.\n\n\n\u201cAn interesting example of how the COVID-19 crisis is accelerating trends already under way is in \u2018intergenerational\u2019 living,\u201d Khun Visit explained. \u201cMQDC is pioneering intergenerational living with its brand Mulberry Grove, dedicated to reviving multi-generational living in extended families. Our research found this need and desire in Thailand. The outbreak is set to further drive this trend as families further recognize the value of living together with older relatives.\n\n\nDuring a year of challenges and changes, MQDC has led the way in 2021 through sustainability and innovation. By taking home five honors at the Dot Property Thailand Awards 2021, the developer has proven it is leading the way for real estate in the Kingdom. \n\n\n "} {"url": "https://www.dotproperty.com.my/blog/much-interest-housing-thailands-resort-areas-last-year", "title": "How much interest was there for housing in Thailand\u2019s resort areas last year?", "body": "\n\nThis article on\u00a0housing in Thailand\u2019s resort areas appears in the Dot Property Group Thailand Real Estate Year in Review. \nClick here to download the full report\n.\n\n\nInterest in housing varied across \nThailand\n\u2019s main resort areas last year. Phuket recorded a noticeable increase in demand while the Samui and Phuket markets were relatively stable throughout 2022. Housing includes detached homes, villas and townhouses.\n\n\nThe launch of several new residential projects in Phuket caused demand to rise by nearly 40 percent between the second and third quarters. Interestingly, overseas demand for Phuket villas in both July and August surpassed any month from 2021.\n\n\nForeign buyers ended up accounting for 57.5 percent of all demand for Phuket housing in 2022. This group was focused on the high-end market with residences priced at THB10 million and above seeing a significant spike in demand during the year.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRelated:\n \nThe most amazing WFH villas in Phuket\n\n\nHousing demand in Hua Hin and Samui was stable with the latter seeing an uptick from August onward. Samui relied much more heavily on overseas buyers with this group comprising 70.6 percent of all housing inquiries made for the island via the Dot Property Group network of websites. In Hua Hin, the demand breakdown was 54 percent domestic and 46 percent international.\n\n\nThree-bedroom homes, villas and townhouses were the most popular among property seekers with these accounting for 48 percent of demand in 2022. Two-bedroom residences recorded 24 percent of total demand.\n\n\nIn all three areas, demand for housing was greater than condominiums. The condo markets of Phuket, Samui and Hua Hin were impacted by the pandemic because of a greater reliance on overseas buyers. These have yet to recover, but there is hope this will change in 2023 with more tourists returning.\n\n\nWatch:\n\u00a0\nSoutheast Asia\u2019s Most Underrated Beach Destinations\n\n\nDownload your copy of the\u00a0Dot Property Group Thailand Real Estate Year in Review!\n\n"} {"url": "https://www.dotproperty.com.my/blog/muji-takes-interior-design-southeast-asia-starting-bangkok", "title": "Muji takes on interior design in Southeast Asia starting with Bangkok", "body": "\n\nMuji shops remain incredibly popular throughout Southeast Asia. From Bangkok to Jakarta and Singapore to Manila, you can\u2019t miss the Japanese lifestyle brand\u2019s outlets in shopping centres. And now the company has made its way into the interior design space after announcing a partnership with Thai developer AP.\n\n\nMuji will oversee the interior design of Life Pinklao, a luxury condominium in suburban Bangkok. The 23-story development is located within walking distance of the under construction Bang Yi Khan MRT station. Not only will Muji oversee the design, but its products will be used in the units to help bring Japanese-style living to Bangkok.\n\n\n\u201cAs designers, maximising every square inch of space, especially in condos, is all-important, and we need to make the best use of it. We plan to use our expertise in space management in combination with Muji, a function expert like no other,\u201d \nVittakarn Chandavimol, chief of business group for condominiums at AP, told the Bangkok Post\n.\n\n\nHe continued, \u201cIn addition to the Japanese concept of product strength and simplicity, Muji\u2019s design culture is to pay attention to every step of the design process in order to cater to the lifestyles of modern Thais, while making every square inch of space count.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMany of Muji\u2019s products and design principles focus on conceptual clarity and it will bring this style to Life Pinklao while also utilising the compact life concept. Products used in the units will be designed for maximum efficiency and have multiple practical purposes.\n\n\nMuji has developed a strong following in SE Asia with stores in Singapore, Malaysia, Thailand, the Philippines and Indonesia\n\n\nAnother one of the company\u2019s strength is its use of natural materials and muted colours for\u00a0its products. The brand does this so residents can enjoy a simple, sustainable lifestyle that is adaptable to each individual while still creating memorable interiors.\n\n\nOf course, Muji-inspired condominium designs aren\u2019t limited to Bangkok. In Singapore, \na couple spent SGD 60,000 USD 45,400 with Muji principles and products at the heart of its interiors\n. Meanwhile, the brand is set to open its first hotel in the Chinese city of Shenzhen this year with \nproperties in Beijing and Tokyo schedule to welcome guests in 2019.\n Muji will design each hotel while a third party will handle operations.\n\n\nBack in Bangkok, AP and Muji could continue their partnership in the future should Life Pinklao prove to be a hit with buyers. It is also possible Muji will seek out similar arrangements with developers in other Southeast Asian countries as their minimalist style continues to grow in popularity.\n\n"} {"url": "https://www.dotproperty.com.my/blog/nearly-time-dot-property-southeast-asia-awards-2022-ab", "title": "It\u2019s nearly time for the Dot Property Southeast Asia Awards 2022", "body": "\n\nJoin us for an amazing evening along Bangkok's riverside\n\n\nThe Dot Property Southeast Asia Awards 2022 are nearly upon us. Festivities are set for Thursday, December 15 at the luxurious Four Seasons Bangkok. Developers, real estate agents and companies supporting the sector from around the region are vying for honors with more than 250 of the industry\u2019s best and brightest scheduled to attend.\n\n\nWill you be joining them at property\u2019s most exciting night? The deadline for entries is rapidly approaching which means you need to get yours in ASAP. Site visits are underway, so you must act quickly to be considered this year.\n\n\nSubmit your entry for the Dot Property Southeast Asia Awards 2022 today\n!\n\n\nAfter amazing events in Vietnam, Thailand and the Philippines, the Dot Property Southeast Asia Awards 2022 is welcoming everyone to Bangkok for an evening to remember. This will be the first time since 2019 that an in-person event will take place with leading figures from around the region joining us.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNot in the running for an award but still want to take part? A limited number of sponsorship opportunities are available. For more details, please contact \n[email\u00a0protected]\n\n"} {"url": "https://www.dotproperty.com.my/blog/need-know-swiss-watch-standard-home", "title": "All you need to know about the Swiss-Watch standard home", "body": "\n\n\n\nOrando Holdings creates a new standard of home in KL\n\n\nAnyone who owns a Rolex or Patek Philippe watch knows that what sets it apart is the high quality craftsmanship that goes into creating it. For more than two centuries, \nSwiss watches have been seen as the gold standard for time keeping\n. Now there is one developer in Malaysia who is bringing that legendary quality to residences.\n\n\nOrando Holdings Sdn Bhd has built its reputation as a developer on crafting homes of a Swiss-watch standard. However, if you don\u2019t own a Swiss watch, or do and maybe don\u2019t understand what went into it, this terminology might not mean much, but it should. Here\u2019s all you need to know.\n\n\nWhat is a Swiss-watch standard home?\n\n\nAccording to Orando Holdings, a Swiss-watch standard home is designed with precision, fabricated with fine craftsmanship, functionalities and comfort that elevates its value. This means it offers far more than meets the eye for today\u2019s lifestyle needs. Much like a Swiss watch, a painstaking amount of thought and manpower goes into Orando Holdings\u2019 projects ensuring they are of the highest quality.\n\n\nWhat are some of the benefits?\n\n\nThere are two primary reasons a Swiss-watch standard home is desirable. The first is the fact that it offers the absolute pinnacle of living conditions. Every detail, every element and every amenity has been carefully created to ensure its bespoke appeal. The second reason buyers and investors are interested in Swiss-watch standard home is appreciation. Much like Swiss watches, which increase in value as they age, projects developed by Orando Holdings increase in value with each passing year.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhat do these homes look like?\n\n\nA great example of a Swiss-watch standard home comes from LaVile Kuala Lumpur. Similar to a high-end timepiece from Switzerland, this project from Orando Holdings leaves an impression on everyone who sees it. There are two levels of amenities that include tennis courts, multiple pools, a leisure deck for yoga and a floating gym.\n\n\nUnits offer plenty of space along with city views and a yard providing a relaxing ambiance in the busy city. The entire project has been luxuriously designed while maintaining functionality. Speaking of functionality, the project is located next to the shops and restaurants of AEON Mall which adds another level of convenience.\n\n\nFind out more about the Swiss-watch standard home at\n \nwww.lavilekl.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/new-category-for-dot-awards", "title": "New category for Dot Awards", "body": "\n\n\n\nDot Property Group, Asia\u2019s fastest-growing property portal group, has a new category to its inaugural Awards which are set to take place later this year.\n\n\nIn addition to the \u201c\nBest of the Best Residences in Southeast Asia 2016\n\u201d, last week the Group revealed it also be searching for the \u2018Best of the Best Serviced Offices in Southeast Asia 2016\u201d to tap the growing demand of quality offerings in this sector throughout the region.\n\n\nAlva Horgan, Managing Director for Dot Property Group\u2019s Emerging and Frontier Markets, said: \u201cThese Awards make total sense. Serviced Offices are growing fast in all parts of Southeast Asia, and having potential users know where to focus their searches through the \u2019Best of the Best Serviced Offices in Southeast Asia\u2019 Awards will shine the spotlight on the best offerings\u201d.\n\n\nThe closing date for both \nAwards\n is September 18, but with nominations flooding in from all parts of the region, property developers and Serviced Operator owners are being urged to express their interest and discover more as soon as possible.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFor more information: \n[email\u00a0protected]\n\n"} {"url": "https://www.dotproperty.com.my/blog/new-global-safe-haven", "title": "New global safe haven", "body": "\n\n\n\nMalaysia is tipped to experience increased interest thanks to its safe haven status.\u00a0\n\n\nThe unexpected political events of 2016 of Brexit (Britain voting to leave the European Union) and \nDonald Trump\n becoming the next president of America may impact Malaysia\u2019s property market in a positive way. Both the UK and the US are deemed to be safe havens where many investors park their money in the form of buying property. The stable economy, the transparency of the legal systems and the political stability of these two nations determine their safe haven status.\n\n\nHowever, the latter requirement has been jittered with the shock results in the UK and across the pond. 2017 could see a new wave of safe havens and/or requirements as to constitutes a safe haven.\u00a0This could strengthen Malaysia\u2019s already strong reign as the Asian safe haven.\n\n\nThe country\u2019s appeal already exists thanks to its transparency and economic growth, although it can be argued that the country does have political concerns that could deter some investors from dipping into this market. However Malaysia\u2019s low interest rates are already drawing in investors as access to funds is straightforward and the cost of borrowing is quite low.\n\n\nThe sentiment across the market is that Malaysia\u2019s economic environment is ideal for \nforeign investors\n. Plus the country on the whole is relatively affordable, particularly when compared to its counterparts in the region such as Singapore. In July of this year, the overnight policy rate (the interest rate for day-to-day liquidity) was decreased to 3 percent, a reduction of 25 basis points. Triggered as a reaction to news of Brexit, this may lead to other banks reducing rates and thus making lending even more affordable, pushing Malaysia to the top of investors\u2019 agendas.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/new-kuala-lumpur-luxury-condo-hits-milestone", "title": "New Kuala Lumpur luxury condo hits milestone", "body": "\n\nStar Residences, a new Kuala Lumpur luxury condo, held a topping up ceremony in October\n\n\nStar Residences, a new Kuala Lumpur luxury condo, reached a significant milestone with the project officially being topped up during a ceremony earlier this month. The residential tower is part of Star Development, a massive mixed-use complex that will feature a 57-storey tower and a pair of 58-storey towers.\n\n\nThe Ascott Star KLCC Kuala Lumpur, Star Boulevard and Star Walk of Fame as well as retail, dining and entertainment blocks can be found in Star Development. The complex is located on Jalan Yap Kwan Seng in the KLCC Central Business District of Kuala Lumpur.\n\n\nWork began on the new Kuala Lumpur luxury condo in 2014 and it is expected to be completed by the end of next year. Star Residences Tower 1 is already sold out while Star Residences Tower 2 is 90 percent. The last phase of the project, Ascott Star, was launched a few months ago.\n\n\nThe main construction partner on Star Residences is Samsung C&T, one of Korea\u2019s leading conglomerates. It has notably worked on several high-profile global projects including the Burj Khalifa in Dubai, the world\u2019s tallest building, and Malaysia\u2019s Petronas Twin Towers.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNew Kuala Lumpur luxury condo officially topped-up\n\n\nThe topping-up ceremony was attended by Tan Sri Azman Yahya, Chairman of Alpine Return Sdn Bhd, Dato\u2019 Ng Eng Tee, Executive Deputy Chairman of United Malayan Land Bhd, Dennis Ng, Group Managing Director of United Malayan Land Bhd, Alan Koh, CEO, Alpine Return Sdn Bhd, John Chang, Executive Vice President, Samsung C&T and Ahmad Abdelrazaq, Executive Vice President, Samsung C&T.\n\n\nAccording to Tan Sri Azman Yahya, chairman of Alpine Return Sdn Bhd, Star Development remains on schedule with the new Kuala Lumpur luxury condo an outstanding addition to the project.\n\n\n\u201cI\u2019m immensely proud of this milestone with zero accident, consistent quality standard and site safety standards,\u201d Tan Sri Azman said in a press release.\n\n"} {"url": "https://www.dotproperty.com.my/blog/new-look-pattaya-truly-offers-something-everyone", "title": "New look Pattaya truly offers something for everyone", "body": "\n\nLazudi Consultants Steffen Heitman (left) and Tommy Almond (right) say Pattaya is rapidly improving \n\n\nWhen Pattaya welcomes arrivals from overseas once more, they may be surprised with what they see. \nNearly THB1 billion has been spent redeveloping beaches and public areas\n in a bid to make the region more attractive. The results are a sight to behold.\n\n\n\u201cThe beaches across the Eastern Seaboard are now clean. Even Jomtien Beach is clean, and people are out there swimming in it. That wasn\u2019t something you would see a few years ago,\u201d Tommy Almond, Lazudi Consultant, explains.\n\n\nThese cleanup efforts align with the region\u2019s focus on infrastructure. The M7 motorway has significantly reduced travel time between Bangkok and Pattaya while also improving road links between Chonburi and Rayong. Work continues on the highspeed rail line connecting U-Tapao International Airport with Suvarnabhumi and Don Mueang airports in the Thai capital.\n\n\n\u201cThere has been so much investment in the region when it comes to infrastructure. Getting around is easier. Getting to other parts of Thailand is easier. This will be improved even further when the train connecting Bangkok to Chonburi is completed. The entire region will benefit,\u201d Lazudi Consultant Steffen Heitman notes.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nInfrastructure improvements will also allow more people to truly explore the region. From island hopping to a day out with the kids, Tommy believes the Eastern Seaboard now has something for everyone.\n\n\n\u201cWhen you drive around the Eastern Seaboard, you realize just how much there is to do here. Parks and entertainment venues can seemingly be found around every corner. It is the most underrated destination for families in Thailand. Everything you could want is right here,\u201d Steffen reports.\n\n\nOf course, this isn\u2019t the first time Pattaya has tried to rebrand itself. Past attempts have come up short, but these efforts feel different, according to both Tommy and Steffen, two Thailand real estate veterans.\n\n\n\u201cPattaya is earning a new reputation as being a family-friendly place. The entire region is changing. A lot of action has been taken which is making it attractive to more people,\u201d Tommy says. \u201cThese efforts are different from past attempts. There seems to be more commitment to see this transformation through to the end.\u201d\n\n\nGrowing appeal of Pattaya extends to real estate \n\n\nOnce driven by condominiums, demand for Pattaya real estate has shifted during COVID-19\n\n\nThe Pattaya real estate market is also evolving. Shifts in both demand and buyer demographics may be surprising to some, but are another sign the Eastern Seaboard has truly changed.\n\n\n\u201cWe are seeing an increase in clients from Bangkok and Thai clients in general. More people have realized just how great it is here. Chonburi is an appealing place to own a second home,\u201d Tommy states.\n\n\nHe adds this group has different requirements and bigger budgets than traditional buyers. While demand remains for THB1-2 million condominiums, developers have also begun bringing more diverse projects to the market in order to meet shifting requirements.\n\n\n\u201cWe are now seeing a better mix of project types as developers respond to new trends. We are seeing ultra-luxury villas being built again. That has to do with more families viewing Pattaya and the Eastern Seaboard in a positive light,\u201d Steffan reports.\n\n\nDevelopers have become mindful of not only what buyers are looking for but also where. There are several locations along the Eastern Seaboard where interest is rising.\n\n\n\u201cYou are seeing several other areas along the Eastern Seaboard where people are now considering. Si Racha is growing, especially among Thai buyers. Rayong is taking off and there is room for even more growth here as well. Bang Saray is an up-and-coming location which has a lot of potential,\u201d Tommy says.\n\n\nGearing up for reopening\n\n\nWhile it remains to be seen when exactly tourists will be welcomed back to Thailand, Tommy and Steffan expect them to return in droves once Pattaya reopens.\n\n\n\u201cPeople are already making plans to return. It\u2019s not going to be a slow build. There will be an influx of arrivals to the Eastern Seaboard,\u201d Tommy says. \u201cClients tell us how excited they are to come back. Those who haven\u2019t bought real estate have a shortlist of properties they want to see when they get here. And I don\u2019t even think we are scratching the surface yet.\u201d\n\n\nEarlier this year, Lazudi opened its Pattaya office, and the firm is currently hiring staff in anticipation of Thailand reopening. Inquiries have increased in the past few weeks and the team wants to be ready. In the meantime, property buyers looking for a deal may still find one.\n\n\n\u201cPrice wise, it is still a good time to buy. You are seeing nice units available for low prices. You can get a lot for your money and most property seekers will have options to choose from,\u201d Steffan points out. \u201cPrices will rise once tourism restarts so there are benefits to making a decision now as opposed to waiting.\u201d\n\n\nFor more information:\n\nSteffen Heitman & Tommy Almond\n\n\n[email\u00a0protected]\n\u00a0&\u00a0\n[email\u00a0protected]\n\n\nProperty For Sale in Pattaya\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/new-normal-sees-retailers-rethink-real-estate-approach-thailand", "title": "\u201cNew Normal\u201d sees retailers rethink their real estate approach in Thailand", "body": "\n\nKhun Jariya Thumtrongkitkul, CBRE Thailand Head of Retail, Advisory & Transaction Services, says retailers in Thailand are looking beyond malls\n\n\nRestrictions may be easing across Thailand but the legacy of the \u201cNew Normal\u201d is causing retailers rethink their real estate approach in Thailand. Once dominated by a desire to be in shopping malls, CBRE Thailand is seeing food and beverage outlets and other stores look at alternatives as they adapt in a post COVID-19 world.\n\n\n\u201cRetailers are looking for several potential expansion options to grow their brands which is not just attaching their branches to major shopping malls to draw in more customers. F&B retailers are now considering reformatting stores outside shopping malls like takeaway kiosks, popup stores in transit stations, food trucks, temporary standalones or drop-off stores in rest area or gas stations,\u201d Khun Jariya Thumtrongkitkul, CBRE Thailand Head of Retail, Advisory & Transaction Services, explained.\n\n\nFlexibly is the name of the game for retailers in Thailand. The past two years have shown just how quickly situations can change which means brands, especially smaller ones, must be able to pivot at a moment\u2019s notice.\n\n\n\u201cNon-mall locations can be one of key locations by retailers in the future, mainly for smaller store concepts, as brands that opt for these types of locations can add a product mix to reflect local needs within a particular market. These formats can be more flexible on shorter-term lease contracts enable retailers to adapt and manage their financial liquidity more effectively and, at the same time, allow them to have flexibility in launching a new footprint with fewer restrictions and rules,\u201d Khun Jariya stated.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAlso Interesting:\n\u00a0\nFrasers Property Thailand unveils plans for a \u2018Sandbox Community\u2019 mixed-use project\n\n\nHowever, retailers must understand how their real estate approach in Thailand impacts business. CBRE noted that non-mall locations face several challenges, most notably limited foot traffic and a lack of well-managed facilities. The upside of lower rents and less competition can be offset by reduced sales. Finding an optimal solution that balances the two is vital for retail brands moving forward.\n\n"} {"url": "https://www.dotproperty.com.my/blog/new-project-redefines-luxury-melbourne-worlds-liveable-city", "title": "New project redefines luxury in Melbourne", "body": "\n\n\n\nFor decades Malaysian property buyers considering an international acquisition have turned to Australia. According to Australia\u2019s Foreign Review Investment Board, Malaysia was the fourth biggest foreign real estate investor in the country during 2014 behind only China, the USA and Canada.\n\n\nThe reasons behind buying Australian real estate are numerous. Some buyers are looking to immigrate to the country and others want a residence for their child while they attend school at some of the country\u2019s renowned educational institutions. There are also property investors from Malaysia who see Australia as the perfect market. Whatever the reason, Malaysian property buyers can\u2019t get enough real estate Down Under.\n\n\nLuxury projects are among the most popular, however, seemingly every new residential development in Australia uses terms such as five-star living when marketing their project. In order to give buyers something to truly cherish, noted local developer LK Property Group took this concept one step, or should we say star, further with its new Melbourne project \nCapitol Grand\n. The development, which is set to feature the tallest landmark building outside of the Melbourne CBD when finished, is the first 6-star luxury residential and retail destination in the city.\n\n\nThe entire project is designed by world renowned architects Bates Smart and features an elegant simplicity that creates an unmistakable vision of beauty. From the moment residents step inside the impressive lobby, they will enter a world of elegant tranquillity that feels like home. There are four unit types at Capitol Grand with each one offering picturesque views and wide-open living spaces.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cCapitol Grand will change the face of Melbourne. We are thrilled to partner with Bates Smart to bring this six-star lifestyle destination to life,\u201d LK Property Group Executive Group Chairman, Larry Kestelman says. \u201cThe jaw-dropping views, state-of-the-art exclusive facilities and flagship retail precinct are one of a kind. The exclusivity and sheer luxury of Capitol Grand will set a new benchmark in Australia.\u201d\n\n\nOther luxurious facilities at Capitol Grand include a state-of-the-art gymnasium, a 25-metre lap pool and gardens designed by \nAustralia\u2019s premier landscape architect Jack Merlo\n. Residents will have exclusive access to members-only amenities and privileges at the lounge area which will be cut from the same cloth as an international luxury hotel.\n\n\nThere is also a \nthree-storey retail space\n that will showcase the world\u2019s most desirable brands and will serve as the perfect pairing for the upscale residences.\n\n\nFor more information, please visit: capitolgrand.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/new-service-residences-come-to-malaysia", "title": "New service residences come to Malaysia", "body": "\n\n\n\nTitijaya Land Berhad and Ascott Limited joint venture in Penang and Glenmarie, Shah Alam.\n\n\nDeveloper Titijaya Land Berhad, and serviced residence operator Ascott Limited, have joined forces at two sites in Penang and Glenmarie, Malaysia. A collaboration of expertise in the development and service industries, an agreement has been signed for a term of 10 years with the option to renew for a further 5 years.\n\n\nTitijaya has developed in excess of 3,000 units since its establishment in 2001, with a total gross development value of RM 1.44 billion. Specialising in residential, commercial and industrial property development, their teaming with the global leaders in serviced residences Ascott, which includes the Somerset and Citadines brands, will provide both developments with the right exposure.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cAscott is popular with multinational companies as its network of international serviced residences and support systems offer easy, speedy and cost effective solutions for managing the accommodation needs of stays\u201d, says Phil Lim, Malaysia\u2019s country general manager for Ascott, \u201cWe will bring our expertise into these two prestigious developments by Titijaya\u201d.\n\n\nAs a result of Ascott\u2019s impressive occupancy track record and reputation, Lim Poh Yit, Titijaya\u2019s group deputy manager, is; \u201cConfident that the appointment will serve as a valuable avenue for Titjiaya to make our entrance into the international market. We will be able to benefit from Ascott\u2019s global platform, professional management and marketing roadmap\u201d.\n\n\nThere will be 200 units in the south of Penang geared towards business travellers from nearby industrial estates, and 250 units at Glenmarie, which is part of a mixed-use development of one of the biggest shopping malls in the area. Both will range from studios to two bedrooms, with fitness centres, swimming pools and daily housekeeping services to maximise their appeal.\n\n"} {"url": "https://www.dotproperty.com.my/blog/new-survey-finds-investment-sentiment-towards-asia-pacific-real-estate-remains-positive", "title": "New survey finds investment sentiment towards Asia Pacific real estate remains positive", "body": "\n\nMost investors take a favorable review towards Asia Pacific real estate, although there could be a shift of interests in sectors and asset classes this year. A new survey from CBRE found that 59 percent of those surveyed intended to buy more properties in 2022. That could lead to a potentially record-breaking 12 months.\n\n\n\u201cDespite the spread of new variants of COVID-19 leading to a resurgence of infections in many markets over the course of 2021, investment sentiment towards Asia Pacific real estate remains positive, with respondents from Singapore, Korea, Japan and Australia the most optimistic,\u201d the CBRE 2022 Asia Pacific Investor Intentions Survey explained.\n\n\nIt continued, \u201cThe upbeat overall mood has led CBRE to forecast that total investment turnover will increase by five to ten percent to around USD150 million in 2022. Should this total be achieved, it would set a historical high for annual commercial real estate transaction volume in the region.\u201d\n\n\nIn Southeast Asia, \nSingapore\n and \nHo Chi Minh City\n were named among the top-10 cities for real estate investment. Tokyo was voted as the leading destination with Shanghai, Sydney and Beijing also in the top five.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRead More:\n \nColliers predicts a Philippine office market turnaround in 2022\n\n\nLogistics is the preferred sector for property investment this year. However, CBRE adds that demand here could weaken due to investors exploring whether or not growth recorded during the COVID-19 pandemic can be sustained.\n\n\nMeanwhile, demand in the office sector is expected to return after experiencing a downturn in 2021. According to CBRE, 25 percent of those surveyed foresee a turnaround driven by an optimistic outlook regarding future leasing prospects.\n\n\nFinally, 2022 may also see a growing number of owners willing to sell. Of those asked, 37 percent told CBRE they intended to divest real estate assets this year, up from 34 percent in 2021.\n\n\nRelated:\n \n\u201cNew Normal\u201d sees retailers rethink their real estate approach in Thailand\n\n"} {"url": "https://www.dotproperty.com.my/blog/new-trends-in-chinese-investment", "title": "New trends in Chinese investment", "body": "\n\n\n\nAs domestic market uncertainties persist in many markets throughout Southeast Asia, Chinese outbound real estate investment continued to grow strongly during 2015. Global gateways continued to attract the bulk of this investment, and by the end of 2015 the total Chinese outbound capital had reached nearly US$ 30 billion, doubling that of 2014.\n\n\nReal estate firm \nKnight Frank, in its new report \u2018China Outbound Real Estate Investment report: New Waves, New Destinations\u2019\n has examined the outbound investments of Chinese investors amidst the uncertainties in the Chinese market going into 2016.\n\n\nThe recent RMB devaluation and stock market turbulence have contributed to the market uncertainty and increased investors\u2019 wariness of further policy intervention. This underscores the need for diversification for Chinese investors, particularly to overseas markets. Against this backdrop, there were some predictions of a retrenchment of Chinese outbound investment which did not come to fruition.\n\n\nKey trends of Chinese outbound investment\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDespite domestic market uncertainties, Chinese real estate investment overseas continued to grow strongly during 2015, riding on the strong appetite for overseas real estate from both major and smaller investors. This trend is also supported by the growing need for diversification from the Chinese market.\n\n\nIn 2015, there were significantly more Chinese developers investing overseas, reflecting their needs on for investment diversification. In contrast there has been only a small increase in the number of insurers investing abroad, however the transaction size attractive to the insurance companies is typically far larger than that of other buyer groups.\n\n\nGlobal gateways continued to attract the bulk of Chinese overseas real estate investment during 2015. The insurance giants in particular, continued to splash out on trophy properties. There has been significantly increased investment in U.S. commercial real estate, making it the fastest growing mature market. Meanwhile strong growth in Australia continued unabated, while investment in the U.K. was on par with that of 2014.\n\n\nLarge investors continued to favour gateways because of the availability of stock, capital value and rental growth. Meanwhile some leading regional centers have become attractive to small- to mid-cap investors seeking higher yields.\n\n\nWhere and what are they investing?\n\n\n\n\nPaul Hart, Executive Director, Greater China, said: \u201cThe traditional gateways are still the preferred destinations for Chinese investment. Manhattan, New York has become the top investment destination in 2015, having attracted US$ 5.78 billion of investment, a fivefold increase year-on-year. This was followed by Sydney and Melbourne in second place during 2015, attracting a total of US$ 3.8 billion of Chinese investment. London was in third place mirroring the momentum of previous years.\u201d\n\n\nDuring 2015 Australia continued to see rapid growth in real estate investment from China, with Sydney and Melbourne the focus. The China-Australia Free Trade Agreement, the Qualified Domestic Individual Investor or QDII schemes are expected to drive more Chinese investment in the Australian property market.\n\n\nFor London, Knight Frank noted that we are at the end of the yield-compression stage of the office cycle. Rental growth prospects are strong with the vacancy rate at a 14-year low. Buyer interest is focused on development sites and short income assets, particularly in London\u2019s tech villages. Although relatively expensive, London delivers consistently good, demand-driven rental growth, making it attractive for investors in the coming 12 months.\n\n\nIn the U.S., the majority of the Chinese capital flows were into hotel and office properties in the New York borough of Manhattan, accounting for 52.3 percent of total investment in the country. Knight Frank also saw an increase of small- to mid-cap investment in a range of primary and secondary markets, such as Los Angeles, San Francisco, Chicago and Boston.\n\n\nDuring 2015 there was a general preference for office assets, by both insurers and developers alike, especially the U.S. gateways and regional hubs. Meanwhile hotel transactions have increased significantly, propelled by a number of mega-deals in Manhattan, New York (the Waldorf Astoria to Anbang Insurance) and Sydney (the Hilton to Bright Ruby).\n\n\nPaul Hart believes that Chinese investors will continue be interested in the traditional gateway markets however, the advent of the \u201cBelt and Road\u201d policy will also direct Chinese institutional investors to focus on economies that have close geographic and economic ties with China.\n\n\nBeneficiaries will include Hong Kong, ASEAN counties and India. Interestingly a Tokyo office investment by CIC was one of the biggest investments in 2015 and Knight Frank expects that Japan will continue to be of interest.\n\n\nDavid Ji, Director and Head of Research and Consultancy, aid that he believes that, in contrast to some predictions, the growth of Chinese outbound in 2016 will be strong despite the ups and downs of the domestic economy. The availability of quality stock has significant impact on the short- to mid-term investment decisions.\n\n\nGoing forward, this means ample opportunities for gateway markets and key regional hubs noted Knight Frank.\n\n"} {"url": "https://www.dotproperty.com.my/blog/new-twist-bangkok-icon-provides-luxurious-residential-experience-bangkok", "title": "A new twist on a Bangkok icon provides the most luxurious residential experience in Bangkok", "body": "\n\nDusit Thani Bangkok is a name synonymous with luxury in the Thai capital. Work continues on the hotel\u2019s redevelopment with Dusit Central Park among Bangkok\u2019s most talked about projects. The mixed-use development features a hotel, office and residences as well as retail space and expansive green areas that will serve as a connection to Lumpini Park.\n\n\nDusit Residences, one of the residential components of Dusit Central Park, has earned numerous plaudits thanks to its remarkable designs, focus on wellness and exceptional living experiences that capture the spirit of the legendary hotel.\n\n\nThis outstanding work was recognized once more at the Dot Property Southeast Asia Awards 2022 where Dusit Residences was presented with the honor for Best Ultra Luxury Residences. A lot may have changed since Dusit Thani Bangkok first welcomed guests in 1970, but this project is set to carry on the site\u2019s legacy for another 50 years.\n\n\n\u201cEveryone that knows about the Dusit hotel in Bangkok, knows the name and the location. There is a 50-year history behind it. Once this project is complete will become a new icon in the city and loved for many of the same reasons,\u201d Khun La-ead Kovanvisaruch, Chief Executive Officer at Vimarn Suriya, stated.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFrom the multi-bedroom condominiums offering generous spaces and luxurious finishes to a meticulous design emphasizing natural light and fresh, clean air, every detail at Dusit Residences is focused on providing residents with the absolute best in luxury.\n\n\n\u201cWe put a lot of effort into the design of Dusit Residences in terms of wind and sun and other natural elements in addition to everything that is essential to residents,\u201d Khun La-ead explained. \u201cFor us, a combination of everything is important. The health and the wellbeing of residents combined with the physical luxury elements come together here.\u201d\n\n\nDusit Residences was named Best Ultra Luxury Residence at the Dot Property Southeast Asia Awards 2022. \nRead more about the winners here\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/new-villa-project-builds-sense-community-wellbeing-green-space-phuket", "title": "New villa project builds a sense of community, wellbeing and green space in Thailand", "body": "\n\nThere is no shortage of upscale housing in Phuket. However, these projects aren\u2019t necessarily tailored to the rapidly growing number of people in search of deeper, richer experiences. For this group, luxury is a connection to their surroundings. Villa Qabalah, a new villa estate on the island, aims to support modern property seekers by building a sense of community, wellbeing and green space in addition to outstanding residences.\n\n\nDuring a recent \nDot Property Thailand Awards site visit\n, our team was provided with the opportunity to speak with the developer behind Villa Qabalah. Here\u2019s what we learned.\n\n\n1) An ode to nature\n\n\nPeople associate Phuket with the beach, but there is really much more to the island than golden sands and blue waters. The tropical landscapes found here are charming in their own right. What\u2019s more, numerous studies over the years have proven green spaces improve physical and mental health. Understanding the beauty and benefits of nature influenced the design of Villa Qabalah.\n\n\nFirstly, the location itself is surrounded by wooded areas on all sides making it unique for Phuket. The developer has already reached an agreement with the surrounding landowners to ensure these trees remain in place.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nInside the development, around 75 percent of the space has been dedicated to greenery. Impressively, more than 100 different species of trees will be found throughout. We\u2019re talking about up, down and all around.\n\n\nThat\u2019s because the residences at Villa Qabalah boast rooftop gardens featuring several trees. There are many benefits to this. It ensures residents always have a direct connection to the environment. The rooftop trees also provide natural shade to the development that can reduce the temperature by up to five degrees.\n\n\nAnd this is just the tip of the iceberg when it comes to the green beauty of Villa Qabalah. It really is an ode to nature.\n\n\n2) Bringing people together\n\n\nDespite being a destination for digital nomads, Phuket lacks many of the facilities this group needs. The developer of Villa Qabalah did a significant amount of research when designing the project and noted the island was missing communal spaces.\n\n\nFostering a sense of community is something the development focuses on as well. The goal was to create a place that could not only strengthen the bonds between people and nature but also be a destination where individuals could cultivate relationships with one another.\n\n\nIn order to accomplish this, Villa Qabalah has spent a lot of effort in curating a clubhouse that would be a hub for the island. Anchored by Tree O\u2019Clock, it\u2019s part caf\u00e9, part co-working space, part bar, part community center and part nature retreat.\n\n\nThe facility, which is slated to open later this year, is envisioned as a destination where everyone can come together. Unlike other Phuket residential developments that try to create a closed environment, Villa Qabalah aims to establish a vibrant community. Much like the trees and plants found all around, it is a place where people too can flourish.\n\n\n3) The Breathing Place\n\n\nOne of the concepts behind Villa Qabalah is \u201cThe Breathing Place\u201d. This concept emphasizes the creation of a clean and uncontaminated environment that allows residents to breathe while avoiding the chaos, toxic and bad energy found elsewhere. Obviously, the wealth of trees and nature plays a big role in this.\n\n\nBut so too do the wellness amenities. A yoga studio and sauna are among the other areas that help make this \u201cThe Breathing Place\u201d.\n\n\nVilla Qabalah is a new type of Phuket project\n\n\nVilla Qabalah is building a sense of community, wellbeing and green space to ensure people experience genuine connections. Trees and parks create a connection with nature. The wellness facilities allow for the connection of body and mind. Meanwhile, the community amenities, planned activities and Tree O\u2019Clock ensure people can connect with one another.\n\n\nThis new villa project is bringing a much-needed concept to Phuket\u2019s real estate market and the island as a whole. More than simply a place to visit, it will be a place where the public meets to exchange ideas, help each other and enjoy a natural paradise.\n\n\nRelated:\n\u00a0\nAmazing Phuket villas that are perfect for WFH\n\n"} {"url": "https://www.dotproperty.com.my/blog/new-year-tips-for-landlords", "title": "New Year tips for landlords", "body": "\n\n\n\nWe\u2019re now at the time of the year when we look ahead at the coming 12 months with the very best intentions. One real estate firm \u2013 Leaders \u2013 has compiled a list of the top five resolutions that should be on every landlord\u2019s list this New Year.\n\n\nGet your tax affairs in order\n\n\nIf you haven\u2019t already done so, be sure to complete any year-end tax returns to avoid potential penalties. If you are not up to speed on tax laws in the country where your rental property is located, you should get professional advice now and start planning for any measures that may affect you. Consult a professional accountant for expert advice to help you keep on top of your liabilities, whilst being as tax efficient as possible,\n\n\nGet up to date with legislation\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nLast year was an eventful one and will be remembered for various new property regulations around the world that have the potential to impact landlords. From requirement to fit smoke alarms in the United Kingdom, and new rules on how you should respond to complaints from tenants, to the reminder from the Thai government to have full details including a copy of the passport of your tenant, there was a lot for landlords to be aware of. If you are managing your property yourself, make sure you are up-to-date and complying with all relevant legislation. If you are using an agent to look after your property it is worth checking that they have updated their procedures to comply with the new rules on your behalf.\n\n\nRefresh your property\n\n\nGet the most from your investment this year by keeping it in the best possible condition. Well-presented and maintained properties attract better tenants, higher rents and keep tenants happy. From a lick of paint and some new flooring, to a quick kitchen or bathroom makeover, a few simple, inexpensive improvements can make your property more appealing and maximise your returns.\n\n\nOrganise your paperwork\n\n\nIt\u2019s no one\u2019s favourite job but it\u2019s well worth doing. There is a huge amount of documentation involved in owning a property and you should keep all of it safe for the entire period of ownership. An orderly filing system for quick and easy access is invaluable. The original purchase documents, such as completion statements, evidence of legal and agent fees and other associated costs should be kept, along with mortgage statements and invoices relating to any work you do. If you have ever lived in the property you should keep evidence of the time spent there as this could help reduce your tax liability, as with receipts to visit your investment which, in some countries, are also helpful when reducing your tax bill.\n\n\nMake the most of opportunities\n\n\nDespite all the recent legal and tax changes around the world, residential property remains an extremely attractive investment with some excellent opportunities for landlords. Whether your priority is to achieve a good rental return, strong capital growth or a balance of the two, there are plenty of chances for investors to capitalise on the favourable market conditions.\n\n\nDot Property Group\n suggests that you ensure you conduct proper due diligence on your investment, and continue to do so while you own it, obtain professional advice throughout the process and you should have a trouble-free experience.\n\n"} {"url": "https://www.dotproperty.com.my/blog/newest-issue-dot-property-magazine-offers-unmatched-interviews-insights", "title": "Newest issue of Dot Property Magazine offers unmatched interviews and insights", "body": "\n\nDot Property Magazine is out now and this issue has interviews, insights and a look at all the winners from the Dot Property Southeast Asia Awards 2020. \u00a0You can download the latest issue\u00a0\nright here\n!\n\n\nWant to take a sneak peek inside the magazine? Here are a few of the outstanding stories you will find in the new issue of Dot Property Magazine.\n\n\nCover Story \u2013 Thailand real estate\u2019s next big thing\n\n\nBacked by a strong local economy, significant infrastructure investment and a lifestyle people love, Thailand real estate\u2019s next big thing is Khon Kaen and developer 8Villas is at the forefront of this movement. We explore the homebuilder\u2019s work in this up-and-coming part of the country as well as what makes the region ideal for property investment.\n\n\nClick here to keep reading\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSpecial Feature \u2013 Lombok\u2019s future remains bright as more people look to enjoy its unrivaled island lifestyle\n\n\nAnyone who has ever visited Lombok speaks glowingly of the island\u2019s pristine beaches, laidback lifestyle and unspoiled beauty. Prior to the COVID-19 pandemic, it was the property investment and holiday destination for those in the know. And in the world of the \u201cNew Normal\u201d, the appeal of Lombok will only grow.\n\n\n\u201cLombok was made for social distancing. Lombok is still a place where you can find a long white sand beach all to yourself, and you certainly will not be entering a crowded office here. And there is no need to live within the confines of a small apartment, think a spacious villa for you and your family,\u201d Tom Merrett, Founder of Reef Property Lombok, explained to Dot Property.\n\n\nClick here to keep reading\n\n\nSpecial Feature \u2013 As the Australian property market recovers, Crown Group believes sustainability of wellbeing sets it apart\n\n\nAustralia\u2019s response to the COVID-19 pandemic has been lauded across the world and shows it is truly a global leader. The country is officially out of recession, recording GDP growth of 3.3 percent in the fourth quarter. And while the Australian property market is experiencing its own recovery, leading developers, such as Crown Group, have switched their focus from sales to wellbeing.\n\n\nThe \u201cNew Normal\u201d required an examination of how we live. In an interview with Dot Property, Iwan Sunito, Chairman & Group CEO, Crown Group, noted that the pandemic forced people to spend far more time in their homes, which has created a more urgent need to design them to better encourage a sense of calm, relaxation and productivity.\n\n\nClick here to keep reading\n\n\nAwards \u2013 Innovative Dot Property Southeast Asia Awards 2020 honors region\u2019s best real estate\n\n\nThe Dot Property Southeast Asia Awards 2020 celebrated 48 winners, hosted two events simultaneously and provided one unforgettable experience unlike anything the region has seen. More than 300 guests attended the Dot Property Southeast Asia Awards 2020 Charity Gala at Four Seasons Bangkok while another 100 joined the Dot Property Southeast Asia Awards 2020 Winners\u2019 Dinner at The Reverie Saigon in Ho Chi Minh City.\n\n\nClick here to learn more about the winners\n\n\nHow to read Dot Property Magazine\n\n\nDot Property Magazine, Asia\u2019s premier real estate magazine, is out now. You can read it online by\u00a0\nclicking\u00a0here\n. If you prefer to read it on the go, download the FREE Dot Property Magazine app. You can find it in the\u00a0\nApple Store\n\u00a0and\u00a0\nGoogle Play\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/newest-issue-dot-property-magazine-released", "title": "Newest issue of Dot Property Magazine released", "body": "\n\nDot Property Magazine is out now and this issue has interviews, insights and a look at all the winners from the Dot Property Vietnam Awards 2020 and Dot Property Thailand Awards 2020. \u00a0You can download the latest issue \nright here\n!\n\n\nWant to take a sneak peek inside the magazine? Here are a few of the amazing stories you will find in the new issue of Dot Property Magazine.\n\n\nCover Story \u2013 Bridge Estate becomes one of Thailand\u2019s Best Real Estate Agencies\n\n\nBridge Estate strives to bridge the gap in the real estate industry by building relationships, connecting people and delivering an unprecedented level of service throughout the entire transaction and thereafter. In order to accomplish these ambitious goals, the agency needed an approach that wasn\u2019t being offered in Thailand.\n\n\nThis article won\u2019t be published online until Jan. 4. \nClick here to read it in the magazine\n.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSpecial Feature \u2013 Understanding the legal aspect of houses and villa ownership in Thailand\n\n\nForeign ownership of houses and villas in Thailand is tricky, especially from a legal point of view. The easiest solution is to acquire this type of property via a leasehold arrangement, but the terms of these don\u2019t sit well with many buyers. There are other options available, including purchasing it via a Thai registered company.\n\n\nHowever, neither method is as clear as buying a condominium unit where freehold ownership is permitted. From the legal aspect, foreign ownership of houses and villas in Thailand requires patience and a deep understanding of the law.\n\n\nClick here to keep reading\n\n\nAwards \u2013 Dot Property Thailand Awards 2020 winners announced\n\n\nAfter a year full of challenges, the Dot Property Thailand Awards 2020 were a chance to celebrate the industry\u2019s resiliency and show things are returning to normal. \nClick here to learn more about the winners\n.\n\n\nAwards \u2013 Dot Property Vietnam Awards 2020 puts spotlight on innovation\n\n\nHope, positivity and resilience were on full display at the Dot Property Vietnam Awards 2020 as the real estate industry finally gets back to business. More than 45 winners were honored and \nyou can read about them here\n.\n\n\nHow to read Dot Property Magazine\n\n\nDot Property Magazine, Asia\u2019s premier real estate magazine, is out now. You can read it online by\u00a0\nclicking\u00a0here\n. If you prefer to read it on the go, download the FREE Dot Property Magazine app. You can find it in the\u00a0\nApple Store\n\u00a0and\u00a0\nGoogle Play\n.\n\n\n\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/newly-rebranded-residential-arm-frasers-property-thailand-announces-big-plans", "title": "The newly rebranded residential arm of Frasers Property Thailand announces big plans", "body": "\n\nFrasers Property Home Chief Executive Saenphin Sukhee (far right) with the Frasers Property Thailand Management team\n\n\nThe newly christened Frasers Property Thailand recently unveiled its plans for 2021 with the homebuilder wanting to launch at least 27 new residential projects worth THB35 billion. The firm was formerly known as Golden Land but was rebranded to Frasers Property Home as part of a larger reorganization at Frasers Property Thailand.\n\n\nGolden Land had focused exclusively on housing, but upcoming launches under the new brand will also include luxury condos, a first for the group. The developer hopes diversifying its product offerings will allow it to overcome the uncertainty surrounding the property market in Thailand.\n\n\n\u201cThe economy and property market will improve next year despite the uncertainty of the pandemic and the political situation. Market competition and household debt will remain high,\u201d \nFrasers Property Home Chief Executive Saenphin Sukhee told the Bangkok Post\n. \u201cCondos aimed at foreign buyers will have more potential, stimulated by the longer-term visa the government is offering.\u201d\n\n\nFrasers Property Home is still finalizing plans for its first condo launch which is expected to take place towards the end of next year. No location was given, and the developer is scouting locations.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThere are also plans for the firm to launch two luxury, single detached housing projects in inner-city locations with Vibhavadi Rangsit, Rama IX and Sathu Pradit all mooted. Several townhouse and semi-detached housing projects will be unveiled by Frasers Property Home next year.\n\n\nFrasers Property Thailand celebrated for The PARQ\n\n\nLooking beyond the residential property segment, Frasers Property Thailand was recognized at \nthe Dot Property Thailand Awards 2020 with the Special Recognition Award for Green Innovation for The PARQ\n.\n\n\nThe revolutionary commercial space is the only office project in Thailand on track to receive both WELL and LEED certification. It also boasts a wide array of innovations that reduce the development\u2019s footprint.\n\n\n\u201cThe Special Recognition Award for Green Innovation is a validation of our vision brought to life \u2013 to become Thailand\u2019s leader in Green Innovation and Sustainability. Today, The PARQ is on track to become Thailand\u2019s first LEED and WELL certified commercial building through the successful collaborative development efforts of both TCC Assets and Frasers Property,\u201d Khun Kamolnai Chaixanien, Director at Kasemsubsiri, proclaimed. \u201cWe are humbled by this recognition and look forward to continue to raise the standards of Green Innovation and Sustainability in Thailand and beyond.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/next-china-asean-demand-overseas-luxury-real-estate-soar", "title": "The next China? ASEAN demand for overseas luxury real estate could soar", "body": "\n\nStephanie Anton, president of Luxury Portfolio International\u00ae\n\n\nThe influx of Chinese real estate investment globally took many by surprise. In 2016 alone, buyers from China accounted for USD 101.4 billion in international property purchases, according to Juwai.com, the largest mainland international property website. This ended a ten-year period of staggering growth for overseas real estate, and in particular luxury real estate, from Chinese investors.\n\n\nMany are now wondering \u2018what\u2019s next\u2019. Beijing implemented strict capital controls in a bid to curb overseas purchases. These have been successful in stopping large institutional investors, but have done little to prevent individuals from acquiring property abroad.\n\n\nThat being said, the Chinese government is likely to tighten outbound capital policy even further in the short term which has seen many in the real estate industry try to identify the next China. With significant wealth growth and an appetite for luxury property, Southeast Asia seems set to become a major player with some believing it to be the next China.\n\n\n\u201cWe absolutely have high expectations that buyers from Southeast Asia will begin to venture out and start investing as we have seen buyers from China do in the past 10 years,\u201d Stephanie Anton, president of Luxury Portfolio International\u00ae, a collection of the world\u2019s most powerful independent luxury brokerages, explains. \u201cThe growth in sheer population numbers as the middle class in the ASEAN increases will likely spur real estate activity at all price points. At the same time, the overall increase in global awareness from citizens in the ASEAN and potential for increasing global mobility, represents a terrific opportunity for those markets that are appealing to HNWIs from Southeast Asia.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPerhaps the only thing slowing down HNWIs in Southeast Asia from buying more luxury real estate overseas is the difficulty involved with the process. Not only do they have to navigate rules and regulations in the market they are considering buying in, but countries, such as Vietnam, also have rules in place on outbound capital that they must consider.\n\n\nThere has been significant growth in the number of HNWIs in Southeast Asia\n\n\n\u201cWe have generally found that APAC HNWIs spend a lot of time educating themselves and are very sophisticated, savvy investors. We recommend they do as much research as they can upfront, but also advise them not to be afraid to reach out to a real estate professional in the market they are considering, as early as possible, because nobody knows a local market like the local experts,\u201d Anton states. \u201cBottom line, cross-border business is strong, and growing every year, but is not something that should be attempted without the assistance of a local real estate expert.\u201d\n\n\nSoutheast Asia may not be the\u00a0next China, but that has less to do with spending power and more to do with the type of investors involved. ASEAN real estate investors have seen the Chinese impact on luxury property markets globally and will learn from this experience to forge their own path.\n\n\nWhy luxury real estate and where to buy?\n\n\nFor HNWIs in Southeast Asia, luxury real estate represents a quality investment. As wealth has increased globally, it has brought added stability to a market that can be vulnerable to global events.\n\n\n\u201cThe high end of the global real estate market, generally the top 5-10 percent in markets around the globe, has seen several solid years of growth and stability supported by a larger high-net-worth consumer base,\u201d Anton points out.\u201d Since 2010, there has been a 91 percent increase in households at a global level with more than USD 10 million in net worth. The direct and positive impact to the luxury real estate market has been undeniable as affluent buyers and sellers continue to enjoy and participate in the real estate market.\u201d\n\n\nLuxury real estate is a seller\u2019s market at the moment and will likely remain that way for the years to come. It all comes down to supply and demand. With more HNWIs being created, demand for luxury properties, especially holiday homes and second residences, will grow at a faster rate than new supply.\n\n\n\u201cAs we reported in our Global Luxury Real Estate Report in the fall of 2017, the global market for luxury real estate is expected to be a seller\u2019s market with 14 percent looking to buy versus 12 percent looking to sell,\u201d Anton says. \u201cThis trend is expected to increase over the next three years when 25 percent of global HNWIs expect to buy compared to just 17 percent looking to sell.\u201d\n\n\nAnd while the investment aspects of luxury real estate are important, it isn\u2019t the only factor. Anton notes that quality of life, change of scenery, family downsizing/upsizing and education are among the other reasons Southeast Asia\u2019s HNWI population invests in overseas real estate. The latter factor has led to an uptick in interest for luxury real estate in the USA.\n\n\n\u201cBoston has become a mecca for Asian investors looking to purchase real estate in conjunction with educating children or grandchildren. With over 35 colleges and universities, a very international population and an extremely strong real estate market, Boston is a very solid luxury real estate market these days,\u201d Anton states.\n\n\nShe adds, \u201cWe are also seeing the same not only in New York City, but also in the boroughs and areas surrounding the city, like Long Island, which offer a more affordable real estate investment opportunity and great public schools as well as easy access to colleges and universities nearby. On the other coast of the US, many are also investing in areas of Los Angeles and San Francisco due to their proximity to educational opportunities.\u201d\n\n\nA word on Brexit\n\n\nBrexit isn\u2019t stopping ASEAN investors from pursuing UK real estate\n\n\nThe impact of Brexit continues to be felt. Not only has it opened up new opportunities for luxury homes in London, but the aftermath is influencing luxury real estate markets in several other European cities.\n\n\n\u201cLondon, a long-time luxury real estate darling and historically a great investment if you could afford it, is, in this Brexit world, an interesting opportunity. Brexit helped to bring prices down and created a more obtainable investment opportunity for the first time in a long time,\u201d Anton reports. \u201cAlso, as a result of Brexit, cities like Frankfurt in Germany will be interesting to watch as companies move out of the UK and take their affluent C-level executives elsewhere. The increase in demand at the high end is already being felt in Frankfurt and will undoubtedly have an impact on the market for years to come.\n\n\nFor more information on Luxury Portfolio International\u00ae, please visit: \n\n\nLuxuryPortfolio.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/ngapali-best-beach-in-asia", "title": "Ngapali: best beach in Asia", "body": "\n\n\n\nNgapali beach on the western coast of Myanmar and north west of Yangon has been ranked eighth in a list of top ten beaches in the world by users of travel booking and planning website TripAdvisor.\n\n\nNgapali (pictured) was the highest-ranked choice in Southeast Asia.\n\n\nThis year\u2019s awards honor 343 beaches including candidates from Africa, Asia, Australia, the Caribbean, Central America, Europe, South America, the South Pacific, the U.K. and the U.S.\n\n\nTravelers\u2019 Choice award-winning beaches were determined based on the quantity and quality of traveler reviews and ratings for beaches on TripAdvisor gathered over a 12-month period.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cWe know travelers around the globe love sun and sand vacations, so we\u2019ve tapped the TripAdvisor community to help us identify the world\u2019s best beaches,\u201d said Barbara Messing, Chief Marketing Officer for TripAdvisor.\n\n\n\u201cThe 2016 Travelers\u2019 Choice Beaches award-winners will inspire many to book their next getaway, knowing that these beautiful spots are the very best from the TripAdvisor global community.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/niche-pride-taopoon-interchange-the-best-condo-investment", "title": "Niche Pride Taopoon-Interchange is revolutionising facilities in Asia one storey at a time", "body": "\n\nNiche Pride Taopoon-Interchange is set to bring much needed residential innovation to Taopoon-Bangsue in Bangkok, an area currently transforming into the largest mass transit hub in Thailand. The condominium is being developed by SENA Hankyu, a joint venture between SENA Development and respected Japanese property firm Hankyu Realty, who are committed to creating an urban oasis unlike anything currently found in Asia.\n\n\nIn order to accomplish this, Niche Pride Taopoon-Interchange is the first condominium in the region to have facilities spread across 30 floors. There are co-working spaces, kid\u2019s clubs, games rooms, lounges, yoga studios and more in the building. And on the 38\nth\n floor is the fully-equipped Sky Fitness centre and an infinity-edge swimming pool.\n\n\nThe floors and facilities have been grouped into seven unique \u201cvillages\u201d that come together under a special theme. Village concepts include entrepreneur, student and family with the facilities on these floors catering to the lifestyle of each group. The villages were designed to promote a happy, healthy life by providing ample support to residents.\n\n\nA look at one of the villages in Niche Pride Taopoon-Interchange\n\n\nThis concept is enhanced in each condominium unit thanks to Hankyu Realty\u2019s Geo fit+ and My Select innovations that are designed to improve everyday life comfort, convenience, safety and best use of space. My Select allows owners to choose a condominium unit design to suit a set lifestyle. The Working Zone option is designed for those who want a space at home that supports their professional efforts and aspirations while the Relaxing Zone option is for those who want their home to be a stress-free environment.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCondominium units in \nNiche Pride Taopoon-Interchange\n are fully furnished and fitted utilising Geo fit+, a collection of cutting-edge products and designs developed by Hankyu Realty based on the opinions and suggestions they received from those living in their developments. Geo fit+ innovations optimise space and provide residents with peaceful living that meshes with their pursuits and passions.\n\n\nTaopoon-Bangsue and the changing face Bangkok\n\n\nBangkok\u2019s Taopoon-Bangsue area is relatively unknown when compared to the popular stations along the Sukhumvit Line, but that is set to change. By 2020, it will be home to the largest mass transit hub in Thailand. Taopoon itself is where the MRT Blue Line and Purple Line intersect while work continues on the nearby Bangsue Central Station that will revitalise this part of the city.\n\n\nThe station will become a key link for local, domestic and international travel as the government looks to create a single hub for rail services.\n\n\nLocal connections\n \u2013 There will be up to four mass transit lines that connect at Bangsue Station in the future with the Blue Line, Purple Line, Dark Red Line and Light Red Line all slated to pass through.\n\n\nDomestic connections\n \u2013 Bangsue Central Station will be the originating station for two high-speed rail lines: the Bangkok-Chiang Mai route and the Bangkok-Nong Khai route.\n\n\nInternational connections\n \u2013 Plans are currently being discussed for the station to be utilised as part of rail lines that would connect Bangkok with several neighbouring countries as well as China in the future. It will also serve as a connecting point for the Airport Rail Link with direct connections to both Don Muang Airport and Suvarnabhumi Airport.\n\n\nThese projects highlight the potential of Taopoon-Bangsue. The ability to get around town quickly is something most people appreciate, especially millennials whose routines are far less regimented than previous generations. As the new mass transit and high-speed rail lines are completed, no area will be able to match the connectivity of Taopoon-Bangsue.\n\n\nThe surrounding area also appeals to the growing number of entrepreneurs, digital nomads and tech-savvy workers who appreciate local Thai traditions along with modern conveniences. Niche Pride Taopoon-Interchange is a short distance from the popular Chatuchak Market and Chatuchak Park, two destinations that continue to embrace the traditional Bangkok vibe.\n\n\nModern conveniences are also nearby. The soon-to-be completed Gateway Bangsue will infuse Taopoon-Bangsue with shopping and dining options while a Tesco Lotus hypermarket is already open. As the area grows, more retail and dining offerings will spring up in addition to the local shops and eateries already here.\n\n\nReasonable price for the exceptional at\u00a0Niche Pride Taopoon-Interchange\n\n\nThe Sky Lounge, one of the many amenities in the development\n\n\nPresale unit prices at Niche Pride Taopoon-Interchange start from THB3.2 million (USD 102,000) or approximately THB 114,285 (USD 3,643) per square metre which is less than the average selling for grade A condominiums launched in the Taopoon-Bangsue area on a price per square metre basis, according to research from Knight Frank Thailand.\n\n\nThe attractiveness of the price for units in Niche Pride Taopoon-Interchange becomes clearer when you compare it to grade A condominium prices in the nearby Ratchayothin area. Despite not having the same level of current or future transit links that Taopoon-Bangsue has, the average selling price of a condominium here is THB 162,000 (USD 5,162) per square metre. This is 40 percent higher than the average price in Taopoon-Bangsue.\n\n\nThere is more to Niche Pride Taopoon-Interchange than the excellent location. From the development\u2019s unique seven villages concept with facilities spread across 30 floors to the fully furnished units that implement Geo fit+, Niche Pride Taopoon-Interchange is an innovative condominium that meets the exacting demands of modern residents.\n\n\nKnight Frank is the sole agent of Niche Pride Taopoon-Interchange. The firm\u2019s international arm will bring the project across the Asia Pacific region.\n\n\nFor more information contact:\n\n\nMarciano Birjmohun\n\n\nT +66 (0) 2 643 8223 \u2013 Ext. 262\n\n\nM +66 (0) 9 524 86901\n\n\n[email\u00a0protected]\n\n"} {"url": "https://www.dotproperty.com.my/blog/no-comfort-for-uk-investors", "title": "No comfort for UK investors", "body": "\n\n\n\nIf any United Kingdom property investors hoped to escape the proposed 3 percent stamp duty tax on buy-to-let property, they were left disappointed by Finance Minister George Osborne\u2019s latest announcement in his annual budget statement yesterday (Wedneday).\n\n\nEven the proposed exemption to tax for larger landlords and institutional investors who own more than 15 properties appears not to be going ahead. Investors in high value commercial property will also be subject to higher taxes, as the stamp duty rates have now been graduated to mirror the stamp duty thresholds for residential property, with the top rate at 5 percent.\n\n\nInvestors listening to the budget statement as it was announced briefly got their hopes up when Osborne (pictured) announced that capital gains tax (CGT) rates would be reduced but alas, these changes do not apply to residential property.\n\n\n\u201cWe had desperately hoped that Osborne would listen to reason and scrap his plans for this extra 3 percent stamp duty,\u201d said Vidhur Mehra, Finance Director of London\u2019s Benham & Reeves Residential Lettings agency.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cIt is unfairly singling out landlords \u2013 many of whom are simply trying to shore up their retirement income.\n\n\n\u201cAmateur property investors are not the enemy and given that the U.K. government has said that further investment is needed in the private rental sector, this won\u2019t help.\u201d\n\n\nDot Property Group\n strongly suggests that anyone considering U.K. property investments seeks appropriate independent tax and legal advice before entering into any agreement.\n\n"} {"url": "https://www.dotproperty.com.my/blog/no-longer-the-next-bali", "title": "No longer \u2018the next Bali\u2019", "body": "\n\n\n\nFor years the Indonesian island of Lombok has been regarded as \u2018The Next Bali\u2019 but that\u2019s changing as property investors from around Southeast Asia have been among buyers at Selong Selo Residences, which has held successful sales events around the region.\n\n\nThe comparison with Bali is starting to fade as Lombok starts to stand out on its own, thanks to its superb beaches, colourful culture and breathtaking landscape.\n\n\nWith firm government commitment to infrastructure development, several top rankings in travel blogs and increasing interest from the property investment world, Lombok has rightly earned its place as the newest and most anticipated beach destination in Asia.\n\n\nThe developers of Selong Selo has invested time and effort to bring together a global team of construction experts to ensure the highest standards, and to remove many of the teething issues with buying and building in Indonesia.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSelong Selo Residences embody modern luxury in a totally raw and natural environment whilst taking advantage of the breathtaking views of the Selong Belanak bay. This project sets a new standard\u202fin both legal due diligence\u202fand the quality of execution.\u202fSelong Selo differentiates itself by offering a fully integrated approach \u2013 selling subdivided plots with basic infrastructure.\n\n\nThe development will offer facilities such as a private beach club, a clubhouse with restaurant and bar, spa, swimming pools, tennis courts, children\u2019s play area, 24-hour security, gym, yoga, private chef and in-villa room service as well as conference and wedding facilities.\n\n\nBuyers can select the style and size that best suits their requirements and the Selong Selo development team will oversee the entire process from start to finish. Selong Selo Interior Collections will offer owners a range of interiors packages to include locally-sourced furniture, art, accessories and operating equipment that complement the nature of the villa\u2019s architecture, materials and landscape.\n\n\nAndrew Corkery, Managing Partner of Selong Selo, said: \u201cOur vision of bringing together a community of like-minded individuals and families from all over the globe is becoming reality with many purchasing from word-of- mouth or referrals.\n\n\n\u201cThe founders, alongside other major stakeholders, all own their own plots and are committed to making this project a success that can be enjoyed for many decades.\u201d\n\n\nPrices at Selong Selo Residences start at US$ 95,000 for a plot and US$ 339,000 for a plot and villa.\n\n\n\n\nwww.selongselo.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/no-one-southeast-asia-real-estate-better-sm-development-corporation-smdc", "title": "No one in Southeast Asia does real estate better than SM Development Corporation (SMDC)", "body": "\n\n\n\nDeveloper of The Year Southeast Asia 2022\n\n\nSpecial Recognition Award for Corporate Social Responsibility\n\n\nBest Mixed Use Development \u2013 Gold City\n\n\nBest Landscape Architectural Design \u2013 Vine Residences\n\n\nBest Condominium Architectural Design \u2013 Sail Residences\n\n\n\n\nIt was a transformative year for real estate in Southeast Asia. Buyer preferences continue to shift with a greater focus now placed on health, green spaces, convenience and a host of other areas. No homebuilder has embraced adaptability and change in the region quite like SM Development Corporation (SMDC) from the Philippines.\n\n\nWith that in mind, it is easy to see why the developer has thrived in these challenging times. SMDC is respected for its high-quality projects catering to diverse lifestyles. However, the firm\u2019s work goes well beyond that. From looking after residents and investors through a number of unique initiatives to exceptional CSR efforts that uplift local communities, its trailblazing approach proves there is more to real estate than sales.\n\n\nLast year, SMDC cemented its place among the region\u2019s best developers with an outstanding showing at the Dot Property Southeast Asia Awards 2022. The firm collected five honors, including Developer of The Year Southeast Asia 2022 and the Special Recognition Award for Corporate Social Responsibility. This success meant everything to a company that takes pride in being \u2018The Good Guys\u2019.\n\n\n\u201cWe thrive on giving the best life to our customers and investors and people that believe in us. We want to make sure they can enjoy the good life at our projects. It is very special to be commended and standing with the best of the best from Southeast Asia is incredible for us and will serve as even more inspiration,\u201d SM Development Corporation (SMDC) Vice President for Project Development Therese P. Sonsing-Fernando told Dot Property Group.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThere is much more to SMDC than building amazing residences. The firm aims to cultivate thriving local communities built upon caring for one another. That meant winning the Special Recognition Award for Corporate Social Responsibility at the Dot Property Southeast Asia Awards 2022 was validation for both the company and its residents who have an important part in the process.\n\n\n\u201cSM Development Corporation has lived by the idea of being The Good Guys to inspire our residents to be caring for their neighbors and friends,\u201d Sonsing-Fernando details. \u201cFor every mission we do, such as our medical missions and blood drives, we encourage our residents to take part and become the Good Guys too. We are very, very happy to share this award with them.\u201d\n\n\nOf course, it\u2019s important to mention SMDC\u2019s award-winning properties. Gold City is a mixed-use development set to be a vibrant hub near NAIA, \nSail Residences\n boasts stunning architectural designs and \nVine Residences\n is unsurpassed when it comes to lush landscapes at a residential development. The latter condominium saw the developer take a unique approach.\n\n\n\u201cThis is a special design. There is almost a hectare of open space in the middle of the development and we filled it up with all the amenities and luxurious lounges. Amongst all our properties, this one has the largest units. We offer two- and three-bedrooms which makes it more distinct from our other projects,\u201d Sonsing-Fernando states.\n\n\nThose who have followed SMDC over the years know \u2018The Good Guys\u2019 won\u2019t rest on their accomplishments. With several exciting projects in the pipeline and a continued focus on giving back to the local community, their work will continue to lead the way in both the Philippines and Southeast Asia.\n\n\nMore than 45 developers, projects and real estate agencies were honored at the Dot Property Southeast Asia Awards 2022.\u00a0\nRead more about the winners here\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/notable-uk-property-investment-locations-outside-prime-london", "title": "Notable UK property investment locations outside of prime London", "body": "\n\nA look at Infinity Waters in Liverpool\n\n\nWhen most people think of UK property investment, they tend to focus in on prime London. And while these trophy properties do provide steady returns, those investors who care more about asset performance are better served looking elsewhere in Britain.\n\n\nLondon commuter belt apartments and property in Northern Powerhouse cities such as Liverpool can provide stronger rental yields and higher appreciation than traditional investment destinations. For example, six Liverpool postcodes were in \nTotally Money\u2019s top 25 best buy-to-let \nareas\n\u00a0last year. Yields nearing ten percent were recorded in some areas with six Liverpool postcodes achieving yields of 6.8 percent or greater.\n\n\nAnd while rental yields in notable London neighbourhoods like Chelsea and Kennington sat around the 2.5 percent mark in 2018, several London commuter belt communities were approaching five percent. Meanwhile, investment in Liverpool and the London commuter belt provides far more value for money than prime London at the moment.\n\n\n\u201cFor international investors, the market currently provides an opportunity to get more value for their money. Brexit has ultimately increased the appeal of what is already a highly attractive market for property investors,\u201d Jerald Solis, Experience Invest Business Development and Acquisitions Director, says. \u201cIn terms of capital growth, the British property market has historically held its own in time of political uncertainty.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOf course, Brexit isn\u2019t the only thing real estate investors from Southeast Asia should consider when looking at UK property. There are a number of market factors that make Liverpool and the London commuter belt attractive places for real estate investment.\n\n\n\u201cPutting Brexit to one side, buy-to-let investors should always consider supply and demand. Across the country there is a national housing shortage and with demand for property remaining consistently high, homebuilders are under increasing pressure to build more properties,\u201d Solis notes. \u201cThe shortage of housing has priced many first-time buyers out of the market, forcing them into rental property. For buy-to-let investors, there is real opportunity to secure strong rental returns in the coming years.\u201d\n\n\nPotential UK investment properties \n\n\nExperience Invest has a number of outstanding Liverpool and London commuter belt projects in its portfolio. Investors will be able to enjoy passive rental income from a fully managed property in these high-performing markets. In Liverpool, the company has Infinity Waters, an impressive triple-tower development in the city centre.\n\n\n\u201cThe project will offer highly desirable apartments to the local property market. The complex will contain world-class facilities and the development is expected to be very popular with local workers and young professionals, making this opportunity ideal for buy-to-let investors,\u201d Solis states. \u201cExperience Invest is offering apartments within the development with a 15 percent early investor discount. Investors will also secure an assured three-year NET rental return of seven percent per annum.\u201d\n\n\nImperial Square in Luton\n\n\nThose eyeing the London commuter belt should consider Imperial Square in Luton that is only a 22-minute train journey from Central London. This off-plan property investment is ideally situated to serve growing demand from London commuters looking for living space within easy travelling distance of the capital.\n\n\n\u201cDesigned to maximise investor returns, one- and two-bedroom apartments within this residential development are available with a 20 percent early investor discount and an assured six percent NET rental return for two years,\u201d Solis explains. \u201cDelivered by an award-winning developer, upon completion, each apartment will have a 10-year NHBC Warranty and will be fully managed by a leading management company.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/novaland-caps-off-impressive-year-southeast-asia-developer-year-2019-honour", "title": "Novaland caps off impressive year with Southeast Asia Developer of the Year 2019 honour", "body": "\n\nMr Nguyen Duc Dung, Project Finance Director, Novaland Group (centre) accepts the Developer of the Year 2019 award from Adam Sutcliffe, Dot Property Director Events and International Markets (far left); Mr Ngoc Bui Head of Business Vietnam Development (2nd from left); Matthew Campbell, Dot Property CEO (2nd from right); James Claassen, Dot Property Commercial Director (far right)\n\n\nFor Vietnamese developer Novaland, 2019 will be a year to remember as the homebuilder added Developer of the Year 2019 to its impressive haul of awards. It was one of two honours received by Novaland at the Dot Property Southeast Asia Awards 2019 and comes a few months after winning Best Developer Vietnam at the Dot Property Vietnam Awards 2019 earlier in the year.\n\n\nNguyen Duc Dung, Project Finance Director, Novaland Group, was on hand to collect the award. The developer also won Best Entertainment and Tourism Complex for its NovaWorld Phan Thiet at the Dot Property Southeast Asia Awards 2019.\n\n\nThe victory means Novaland won five total awards in 2019. \nIn addition to winning the aforementioned Best Developer Vietnam at Dot Property Vietnam Awards 2019, the firm was also presented with Best Luxury Mixed-Use Development Vietnam for The Grand Manhattan and Best Innovative Resort Landscape Architectural Des\n.\n\n\nFor more than 25 years, Novaland has transformed Vietnam\u2019s landscape with amazing property developments spanning all sectors of the industry. Every Novaland development meets exacting standards to surpass the expectations of a discerning clientele who expects the best. Those living or staying at a project developed by Novaland aren\u2019t simply acquiring a unit, they are guaranteeing themselves the ability to live the lifestyle they want.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNovaWorld Phan Thiet earned two honours in 2019 as the impressive resort complex continues to generate positive reviews. The architecture of the resort is inspired from global locations while the beautiful unit types suit a diverse range of investors. However, the landscape architectural design is what sets NovaWorld Phan Thiet apart as the stunning green spaces make it a must visit destination in Vietnam.\n\n\nWinning Developer of the Year at the Dot Property Southeast Asia Awards 2019 proves Novaland has arrived on the regional stage. Its wide range of outstanding developments offer quality, innovation and style, all of which have resonated with local buyers as well as international investors. Congratulations to Novaland for being named Developer of the Year 2019.\n\n"} {"url": "https://www.dotproperty.com.my/blog/now-best-time-buy", "title": "Could now be the best time to buy?", "body": "\n\n\n\nMalaysia has favourable conditions opening the door for investors looking for the best time to buy.\u00a0\n\n\nMany \nfirst time buyers\n\u00a0are unsure when to make their first leap onto the property ladder. Those who have owned property before are likely to be more confident about their move simply because they have experience behind them. However, any astute investor will want to pick the best time to buy in order to make the most out of their investment.\n\n\nFor those wanting to invest in Malaysia, the time could be now. Why? Well, as we make good headway on 2017, there will be many developers who want to shift their stock so are likely to offer incentives to purchasers. This could be in the form of discounts or even rebates. Likely to continue for the first half of the year, this is creating a prime time for many investors looking to enjoy the lower price tags on offer.\n\n\nAs the market is expected to gather momentum towards the middle of the year, these incentives are likely to be dropped. This suggests that now is a great time to snap up a bargain. However, this may not be the case across the board. Some private owners, as opposed to large scale investors, may hold onto their stock to wait for market conditions to improve. In turn, this could result in some properties dropping their rental prices as owners rent in the meantime before gearing them for the sales market later in the year.\n\n\nHaving said that, this may not be the case for everyone. It will entirely depend on the personal circumstances of each owner. For example those with a debt to pay off may be in a hurry to sell. Markets go in cycles. So investing in a slump will mean you are likely to benefit from future capital appreciation. But how do you know once the market has reached rock bottom?\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRead market reports.\n\n\nTake time to do research and understand the market. Even if values remain low and continue to decrease, there are other indicators to consider. Check to see how many transactions are occurring as an increase suggests a boast in consumer confidence. Investors want to take advantage of lower values.\n\n\nValues will rise as demand gathers pace so keep an eye out for any changes in market conditions. By reading market reports you will get a great insight into what is happening in the market and also the views of professionals who have their eyes and ears on the ground. Check the news and other stories to make sure you are completely up to speed.\n\n\nAnd consider investing now. Lower price tags mean a lower risk. Check out \nDot Property\u2019s listing online\n today.\n\n\n\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/now-good-time-buy-bali-villa", "title": "Is now a good time to buy a Bali villa?", "body": "\n\n\n\nWhile there is never a bad time to own a Bali villa if you plan on using it year round, investors need to be cautious. Tourist arrivals to the region along with supply will dictate demand for villa rentals and determines if your investment is profitable or not.\n\n\nIf you are considering a Bali villa purchase, now is as good of a time as any. Tourist arrivals to the island continue to increase annually with more than five million visitors spending time in Bali last year, according to statistics from the Bali Government Tourism Office.\n\n\nAnd while tourists are arriving in record numbers, the amount of villas available full-time for short-term rental in Bali remains relatively low. Research from \nVilla-Finder.com\n shows there are only 3000 villas on the short-term rental market.\n\n\nThis presents savvy investors with an opportunity. The return on investment for Bali villas range from six percent to ten percent depending on the location and how well it is marketed, according to Villa-Finder.com. In the popular area of Seminyak, ROI can reach up to nine percent while it is seven percent in Canggu and six percent in Ubud.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFind your Bali villa\n\n\nLooking for a Bali villa that offers a solid return on investment. There are several available on \nDot Property Indonesia\n. Here are a few of our favourites.\n\n\n7-bedroom villa with Melati License\n\n\nThis stunning villa is located in Canggu and is 500 metres away from the beach. The property has two buildings with the primary villa boasting three en-suite bedrooms including an over-sized master suite. The second building has four two-storey apartments. More importantly, the villa has a Melati License permitting immediate operation as a hotel or for short/long-term rentals.\n\n\nClick here to request details\n\n\n3-bedroom villa in Seminyak\n\n\nThose looking for a quaint villa in Seminyak may find this charming residence to be perfect. It is equipped with air conditioning, garden, playground, security and a swimming pool. These features are very popular with renters. And with three bedrooms and four bathrooms, it is the perfect size for a family or large group.\n\n\nClick here to request details\n\n"} {"url": "https://www.dotproperty.com.my/blog/now-good-time-invest-myanmar-real-estate", "title": "Is now a good time to invest in Myanmar real estate?", "body": "\n\nDiamond Inya Palace in Yangon is one of only a few projects available to overseas investors\n\n\nMyanmar has long been touted as a potential investment star of the ASEAN for years now. Like any frontier market, the country has experienced ups and downs. The uneven implementation of both the 2016 Condominium Law and 2017 Condominium Rules created some confusion which made it difficult for overseas buyers to invest in Myanmar real estate.\n\n\nHowever, the country looks to finally be turning the corner and this means now just might be a good time to invest in Myanmar real estate. \nLast year saw the Ministry of Construction form a committee to get the ball rolling and now it is possible for international investors to purchase a condominium unit in the country\n.\n\n\nSince it is finally possible to invest in Myanmar real estate, the question is now should you do it. As with all frontier market investments, there is risk, but the returns could be better than anything currently available in Southeast Asia.\n\n\nClick for information on an exciting property investment opportunity in Myanmar\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n3 reasons you should invest in Myanmar real estate\n\n\n1) First movers always rewarded\n\n\nIf you\u2019re considering an investment in Myanmar real estate, look no further than Bangkok or Metro Manila for the benefits of being a first mover. In the Thai capital, the price of resale freehold condominium units in prime areas almost doubled between 2004 and 2013, \naccording to CBRE Thailand\n. The consultancy also found that prices jumped by at least 50 percent between 2014 and 2018 with some areas recording higher price growth.\n\n\nIt has been a similar story in Metro Manila during the past few years as a strong economy fueled by overseas investment caused condominium prices to soar, \naccording to research from Bangko Sentral ng Pilipinas\n, the country\u2019s central bank.\n\n\nA city such as Yangon could be poised to see similar growth in the years to come. However, the difference between investing today and five years from now could be a costly one.\n\n\n2) Myanmar economic outlook remains solid in mid- and long-term\n\n\nThe economic growth of Myanmar after it opened up was sharp with foreign investment being a key driver. Like most other countries, the country is dealing with the fallout from COVID-19 in the short term. However, \noverseas private equity investors active in the country, such as Ascent Capital, remain upbeat about the economy\u2019s prospects in the mid- and long-term\n.\n\n\nThat being said, Myanmar\u2019s economic transformation is entering a crucial stretch and the next few years will be important as it looks to recapture growth post-pandemic.\n\n\n3) Modern developments take shape\n\n\n\n\n\n\n\n\n\n\nA look at Diamond Inya Palace\n\n\n\n\n1\n of 6\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPerhaps the largest concern facing investors is trusting a developer in a market where modern condominiums are still uncharted territory. One developer in Myanmar is changing that. Mandalay Golden Wing Holding Limited (MGW) has local experience as well as knowledge backed by an international team of experts.\n\n\nThe developer\u2019s newest project, Diamond Inya Palace, is a gamechanger for the Yangon property market\n. Not only is the project the city\u2019s tallest residential building, but it is one of the only developments offering an international standard of luxury.\n\n\nDiamond Inya Palace is in one of the best locations in all of Yangon with the beautiful Inya Lake and the greenery of the Diplomatic Compound providing a stunning backdrop. No other project can match the views found in the units here.\n\n\nWhat\u2019s more, Myanmar Condo Law and individual ownership is granted for every local and foreigner purchasing a residence at Diamond Inya Palace. MGW is one of the few developers in Myanmar with the skills and understanding to assist overseas property investors.\n\n\nAbout 20 overseas nationals have inquired about this project resulting in four secure sales. Our first customer was from Dubai and his purchase was one of the eight penthouse units. Two units sold were four-bedroom units, with interest from clients from Korea and China. Our recent sale from an overseas buyer was another four-bedroom unit, from Singapore and the US.\n\n\nLearn more about Diamond Inya Palace\n\n"} {"url": "https://www.dotproperty.com.my/blog/office-rentals-soften-in-sea", "title": "Office rentals soften in SEA", "body": "\n\n\n\nRegional economies have been slowing in the ASEAN region. According to an outlook by IMA, real growth among the ASEAN Six (Singapore, Malaysia, Indonesia, Thailand, Philippines, and Vietnam) has moderated from 5.8 percent in 2012 to 4.1 percent in 2015, and is likely to maintain between 4.5 percent and 5.3 percent during the next five years.\n\n\nReal estate firm JLL said that weakness in the commodity market and the oil and gas sector continued to hurt the office markets of Kuala Lumpur and Jakarta. In these cities rents have declined more severely than during the last quarter, although this has somewhat helped to maintain their competitiveness across Asia-Pacific. Jakarta is the 13th most expensive, while Kuala Lumpur is highly competitive at the lower 5th percentile (26/27), according to a recent \nJLL Asia-Pacific Office Index\n.\n\n\nSurprisingly, rental decline was slower in Singapore at 1.4 per cent quarter-on-quarter, but as demand picked up supporting rental growth in other regional cities Singapore is now placed fifth after Hong Kong, Beijing, Shanghai and Tokyo. However, JLL does not expect a recovery in the Singapore office sector any time soon. The large supply in 2016 and 2017, coupled with weak economy and expected low employment growth, are likely to force landlords to take aggressive cuts.\n\n\nA short term lack of good grade office space in Bangkok has sent rents, on local currency term, rising by more than 2.6 per cent quarter-on-quarter- the highest across Southeast Asia this quarter. However this is not expected to be sustained. The larger supply of good grade suburban offices in the coming years could add downside pressure on rents over the next 12 months.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAs expectedly, the growth in the Offshoring and Outsourcing sector, together with new completions, lifted rents by 0.9 percent in Manila. Nonetheless, despite the increase overall the rents in Makati CBD remains highly competitive compared with other cities in Asia-Pacific. Based on the \nJLL Office Index\n, Manila (Makati CBD) comes in at the lower 23rd percentile (18/27). This bodes well for these occupiers.\n\n\nCapital values across Southeast Asia office markets largely kept pace with rental movement, except in Bangkok where yields were driven down by high land costs plus strong buying interest for limited assets for sale.\n\n\nIn Singapore weak leasing demand coupled with the U.S. interest rate rise has led to yield expansion as capital values fell more than 3 percent quarter-on-quarter.\n\n\nPersonal consumption and retail rents slowing\n\n\nGrowth in personal consumption level across ASEAN is slowing due to softer demand in Singapore, Malaysia and Thailand.\n\n\nIn Singapore, weaker tourism arrivals and overall high cost of retail operations have led to retail rents contracting.\n\n\nLandlords in Jakarta were conscious of the weaker economic conditions and have kept rents stable.\n\n\nThe rising affluence in the Philippines continue to support demand from Food and Beverage and fashion retailers leading to continual strong gains in rents at 1.9 percent quarter-on-quarter \u2013 amongst the highest after Shanghai according to recent JLL Retail Index.\n\n\nDr Chua Yang Liang, Head of Research for Southeast Asia, said: \u201cOverall we remain positive over the retail segment in Manila. Given the lower rents in Manila, we can expect this sector to remain resilient as increasingly more international and regional retailers tap on the growing middle class in Manila.\n\n\n\u201cWhile the Singapore office market has short term risk, it remains a viable investment option beyond 2018 where we could see rental recovery on the back of stronger economic growth forecast.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/official-can-travel-phuket-without-needing-quarantine-july-1-a", "title": "It\u2019s official, you can travel to Phuket on July 1 without needing to quarantine", "body": "\n\nVaccinated foreign tourists can visit Phuket without needed to quarantine starting on July 1\n\n\nA plan to allow vaccinated international tourists to visit Phuket without needing to quarantine cleared the final hurdle after Thai Prime Minister Prayut Chan-o-cha and the Centre for Economic Situation Administration approved it late last week. Several airlines have since announced their plans to resume flights to the island.\n\n\nThere was one key change to the scheme that tourists will want to note. Overseas arrivals now must stay in Phuket for a minimum of 14 days. This is up from seven days which was the time frame originally proposed by the Tourism Authority of Thailand (TAT).\n\n\nOther regulations remain unchanged. Firstly, foreign arrivals to Phuket are required to hold a vaccination certificate with the vaccine needing to be registered under Thai law or approved by the World Health Organization.\n\n\nSecondly, visitors are only allowed to stay at hotels that have received a Safety & Health Administration Plus hygiene standards certification. Other rules for travelers include being required to use contact tracing apps during their time in Phuket.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTAT noted Phuket has vaccinated nearly 60 percent of its population. It remains on course to reach its goal of inoculating 70 percent of local residents and all tourism operators before the July 1 reopening.\n\n\nRelated:\n \nPattaya latest Thai city to announce when tourists can return\n\n\nWhat airlines will fly directly to Phuket?\n\n\nWith the plan allowing vaccinated tourists to visit Phuket quarantine free officially approved by the government, several airlines have unveiled their intentions to resume flights. Unsurprisingly, Thai Airways will have the biggest presence, operating six international routes.\n\n\nDirect flights to Phuket from Zurich, Paris, Copenhagen, Frankfurt, London and Hong Kong will commence on July 2. However, demand for the latter route looks set to be limited with Hong Kong requiring all arrivals from Thailand to quarantine for 14 days.\n\n\nEmirates announced it will resume four weekly services for its Dubai-Phuket route\n. Meanwhile, Qatar Airways is launching four weekly flights from Doha to Phuket. Both routes are expected to serve clients from Europe and America via connecting flights.\n\n"} {"url": "https://www.dotproperty.com.my/blog/one-bangkok-scg-aim-make-thailands-largest-real-estate-development-circular-economy-contributor", "title": "One Bangkok and SCG aim to make Thailand\u2019s largest real estate development a circular economy contributor", "body": "\n\nOne Bangkok and SCG sign a historic arrangement to improve the standard of construction sustainability \n\n\nOne Bangkok is Thailand\u2019s largest real estate development which ultimately means it will create a lot of waste. This is not ideal with the Kingdom eager to adopt a circular economy that eliminates waste sent to landfills by turning it into something usable. In order to make a positive impact, the development is partnering with SCG on a historic arrangement.\n\n\nThe partnership will improve the standard of construction sustainability at One Bangkok. The most innovative feature sees concrete waste recycled into precast panels that can be used in buildings. Additionally, SCG will lend its expertise in holistic waste and pollution management planning to the development.\n\n\n\u201cAs a landmark project slated to set new standards in design, quality, sustainability and smart city living in Thailand, One Bangkok has always looked into strategic partnerships with industry leaders widely recognized for their outstanding capabilities, expertise, quality and reliability,\u201d Panote Sirivadhanabhakdi, Group Chief Executive Officer of Frasers Property, said. \u201cWe are delighted to strengthen our relationship with SCG, a long-term partner who shares our vision and ambition to create long-term values through sustainable construction practices.\u201d\n\n\nRelated:\n \nOne Bangkok and Dusit Central Park battle for supremacy around Lumphini Park\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSCG will collect the concrete aggregate waste created at the One Bangkok construction site and send it to the CPAC Smart Structure\u2019s precast plant for recycling. There it will be turned into precast concrete panels that will then be used to clad building fa\u00e7ade and walls within One Bangkok.\n\n\n\u201cThe constant growth of construction industry today has resulted in a huge increase of construction waste.\u00a0 As a manufacturer and distributor of construction materials, SCG is aware of the issue and adopted the concept of circular economy in the development of innovative products and services,\u201d Nithi Patarachoke, President, Cement-Building Materials Business, SCG, explained. \u201cOur partnership with One Bangkok encompasses the design of new concrete mix from waste concrete from the construction into the production of precast items, creating value from waste materials and the development a holistic waste management plan for waste construction materials at the project.\u201d\n\n\nThe concrete manufacturer has looked far and wide for partnerships that help close the loop of Thailand\u2019s circular economy. \nThis includes an agreement with Starboard, a surfboard and watersport equipment maker, that sees SCG help with various sustainability initiatives in the country\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/one-phuket-villa-development-going-off-grid", "title": "One Phuket villa development is going off the grid", "body": "\n\nThe phrase \u201coff the grid\u201d usually invokes images of bearded survivalist types or Henry David Thoreau. No one associates the concept with luxurious homes in an island paradise. Until now that is. Riverhouse Phuket has created Thailand\u2019s first and currently only off-grid residential development. And these are no spartan accommodations.\n\n\nIt is important to understand what Riverhouse Phuket means when it says off-grid. E Land Development, the developer behind the project, worked to create a complex that does not rely on outside sources for electricity or water. Instead, these are generated, stored and maintained on-site. The end result is self-reliance since it isn\u2019t hooked up to outside sources.\n\n\nLet\u2019s start by looking at the electric situation which is 100 percent solar powered. This is generated through solar panels which have been installed on each villa as well as elsewhere throughout the estate. However, generating renewable energy is only half the challenge.\n\n\nIn order to be truly off grid, Riverhouse Phuket needed to make sure electricity was available during nights. This was accomplished by equipping each residence with batteries that store excess power generated during the day. What\u2019s more, the batteries and solar cells across the estate are connected via a Smart Grid to ensure the entire development is powered by on-site renewables without needing an outside source of energy.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThis is only part of the story, however. Villas at Riverhouse Phuket have been designed to maximize energy efficiency. This was done by examining how power is expended by residents and then finding ways to reduce or even eliminate unnecessary usage. An example of this is the in-home dehumidifier that keeps residences free of fungus and smells without needing to use air conditioning on a regular basis.\n\n\nTurning our attention to water, this is another aspect of the project that is off the grid, so to speak. Wells were drilled on the property to ensure a reliable supply. It is pumped from these underground sources using special pumps before going through a four-stage water filtration system that guarantees purification. Each home is equipped with its own sealed 4000-liter tank to make sure no one runs out.\n\n\nNot only are these features good for the environment but they will help out your wallet as well. That\u2019s because you won\u2019t be on the hook for any of those pesky power or water bills.\n\n\nRelated:\n \nThese amazing Phuket villas are perfect for WFH\n\n\nOff the grid but still on point\n\n\nRiverhouse Phuket villas balance functionality with style\n\n\nOff the grid houses tend to invoke images of single-room log cabins deep in the heart of a forest. Riverhouse Phuket is certainly not going down that route. While you will find plenty of lush, tropical forests all around. The accommodations are a major step up from your typical off-grid variety.\n\n\nThe developer opted for loft-style pool villas that incorporate open spaces and tasteful industrial elements. This has created a modern, vibrant design that is really unlike anything else currently for sale on the island.\n\n\nTwo- and three-bedroom villas are available along with a select number of four-bedroom residences that offer a significant amount of customization. All unit types come with a European-style open kitchen with full appliances, flexible spaces on the second story and the stylish natural stone tiled pools among other features. And, of course, each villa is off the grid with energy and water being entirely self-sufficient.\n\n\nRiverhouse Phuket is located in \nCherngtalay\n, a bustling area that has become one of the island\u2019s premier destinations. Bang Tao Beach and Laguna Golf Phuket are less than a 10-minute drive away while several prominent shopping centers, such as Boat Avenue, are just around the corner. Additionally, the project is within commuting distance to most international schools.\n\n\nTwo-bedroom villas start at THB16.9 million\n while \nthree-bedroom residences are THB20.9 million\n. You can find more information on Riverhouse Phuket by \nclicking here\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/one-six-development-bringing-new-perspective-to-thailand-real-estate-experience-storytelling", "title": "ONE.SIX Development Is Bringing A New Perspective To Thailand Real Estate Through Experience and Storytelling", "body": "\n\nThis look at how ONE.SIX Development is bringing a new perspective to Thailand real estate appears in the latest issue of Dot Property Magazine. \nClick here to read it\n.\n\n\nPerception isn\u2019t always reality when it comes to real estate. Computer-generated images and lavish showrooms are standard operating procedure these days. This isn\u2019t necessarily a bad thing, but it does present developers with a challenge.\n\n\nHow do you convey an experience when it doesn\u2019t exist? By definition, a project is just some walls, windows, concrete and other building materials. There is nothing inherently special about it. A home doesn\u2019t become a home until it can be experienced. Ultimately, this is what drives \nONE.SIX Development\n.\n\n\n\u201cExperience is at the core of real estate. When it comes to developing a project, it is important to bring life, and the intangibles to the project, not only the tangibles. A home should be personal. It should move you,\u201d Khun Tanyatip (Tanya) Chearavanont, CEO and Founder ONE.SIX Development, states.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhile people aren\u2019t necessarily moved by buildings or showrooms, the experience of the development\u2019s story can make a lasting impression. Khun Tanya credits her aunt, Khun Thippaporn Ahriyavraromp, for teaching her the importance of having a unique story attached to a development.\n\n\n\u201cMy aunt emphasized the importance of storytelling because this allows us to create something with heart. A development should be more than just a building,\u201d Khun Tanya says. \u201cStorytelling puts us in the shoes of those living in the project, it helps paints a bigger picture and allows us to build a better product for the end-users.\u201d\n\n\nAs Chairman of the Board of Directors at Magnolia Quality Development Corporation Limited, Khun Thippaporn knows a thing or two about real estate. Her advice was invaluable as Khun Tanya and the team at ONE.SIX prepared to launch their first project, \nThe Strand Thonglor\n.\n\n\nThe Strand Thonglor\n\n\nKhun Tanya approached the project with a holistic mindset, centered around a live/work/play concept but was also aware the idea alone wasn\u2019t enough. She wanted The Strand Thonglor to have mixed-use components, but more importantly wanted it to be a development with life and energy. ONE.SIX wasn\u2019t going to be another quiet place where people arrive and head straight to their rooms.\n\n\nHowever, the solution needed to have a purpose. Creating some spaces just for the hell of it wouldn\u2019t make people want to gather there. After all, a story is no good if it is riddled with plot holes.\n\n\n\u201cTo go back to storytelling, it was important that everything we do has a purpose. With The Strand Thonglor, we were committed to giving back to the neighborhood, as we took away a very important place for locals in Thonglor. We wanted The Strand to be a place where people come together. That is a crucial part of its story,\u201d Khun Tanya explains. \u201cThis is why we included a commercial area and park at The Strand Thonglor that is open to everyone. We wanted to create a sense of community at The Strand, while still prioritizing the privacy and security of our residences.\u201d\n\n\nThe story will have started well before people are hanging out here, laughing and sharing memories. It began with the vision of Khun Tanya and sharing The Strand Thonglor\u2019s experience with others through the show units. Not as an abstract possibility, but something that reflects what people can actually expect.\n\n\n\u201cThe term \u2018minimal luxury\u2019, a phrase we use to describe the project style, wasn\u2019t a marketing gimmick. We designed our show units to be minimal with a subtle color palette and clean architectural lines to allow customers to envision their lives here, how they might want to design their unit and how they may want to live their lives at The Strand. A sales unit should not be a distraction for the customer from what they are purchasing, but a realistic reflection of what our project has to offer.\u201d Khun Tanya notes.\n\n\nBringing a new perspective to Thailand real estate\n\n\nKhun Tanya\u2019s own experiences seeing pet friendly buildings in New York led her to believe it can work in Bangkok\n\n\nONE.SIX isn\u2019t afraid to go against traditional norms. That can naturally ruffle a few feathers, especially in the real estate industry. Case in point, not everyone was on board with Khun Tanya\u2019s desire to make The Strand Thonglor a pet friendly development.\n\n\n\u201cWith The Strand Thonglor, it was important to balance everything. The vision, sellability, finances and the rest. An example of this is being a pet friendly project. This was important to us although it isn\u2019t widely accepted in Thailand,\u201d Khun Tanya recalls. \u201cThe key was to find a compromise. We made sure there were rules and regulations in place that would provide our non-pet owner residents peace of mind.\u201d\n\n\nKhun Tanya has a very clear vision as it relates to real estate but freely admits it may not be exactly what the market is comfortable with just yet. Finding common ground has helped ONE.SIX bring a new perspective to Thailand real estate that allows it to challenge what\u2019s accepted without alienating the public.\n\n\n\u201cAt first, I was adamant about sticking to my core beliefs. That being said, talking to the market softened my views. I want to push the boundaries of real estate, but I also need to find a compromise,\u201d Khun Tanya details. \u201cIt is necessary to understand where the market is at and how it will adapt to changing preferences. The Strand Thonglor is a mix of our unique vision and what the market is asking for.\u201d\n\n\nIn a city like Bangkok, where change is just about the only thing that stays the same, all developers are constantly needing to adapt.\n\n\n\u201cCompetition in Bangkok is very hardcore. It actually forces all developers to level up constantly. There is no standing still or being willing to accept the status quo,\u201d Khun Tanya points out.\n\n\nInstead of trying to capture what\u2019s now, ONE.SIX looks to create timeless homes and spaces that transcend any one moment. And while it is easy to get caught up in what is trendy, Khun Tanya focuses on tasteful design rather than trends in order for her projects to remain timeless.\n\n\n\u201cWe want to build projects that will always be in demand. Our focus isn\u2019t on quantity and that means we have the freedom to pursue our passions,\u201d Khun Tanya says. \u201cThe Strand Thonglor is our first project. Our next one might be something completely different in terms of product. However, it will retain our fundamental goal\u2014to bring the market a development that will always be sought after, irregardless of how many years have gone by.\u201d\n\n\nSeeing things differently\n\n\nThe art of storytelling was one of the most important lessons Khun Tanya learned growing up around real estate\n\n\nKhun Tanya\u2019s journey in real estate has taken her around the world. From studying architecture design and art history in the United States to working with Ogilvy & Mathers NY, Sotheby\u2019s and Hongkong Land, her own experiences have shaped the core beliefs of ONE.SIX Development.\n\n\n\u201cBeing raised in many different places allowed me to see and experience a wide range of developments in Hong Kong, Macau, Shanghai, New York and elsewhere,\u201d Khun Tanya points out. \u201cI was able to see a lot of interesting, curated projects and learn what makes them special. Most people don\u2019t notice the thought that goes into this. Understanding how to create that experience was invaluable.\u201d\n\n\nShe continues, \u201cI was able to witness their strengths and weaknesses firsthand and compare it to what\u2019s available in Bangkok. I hope this allows me to see a more holistic industry.\u201d\n\n\nOver the years, Khun Tanya had several great mentors who taught her a lot about real estate. However, it was her family that helped kindle a passion for property and brought her vision to Bangkok.\n\n\n\u201cMy mother always took me to look at open houses growing up. Whenever there was a new development, we would visit it. This experience helped me understand the luxury segment,\u201d Khun Tanya says. \u201cWhile in Hong Kong back in 2015, my aunt asked me to return to Bangkok to work with her for the summer. I ended up staying until today.\u201d\n\n\nThe importance of women in real estate\n\n\nWomen play an important role when it comes to real estate in Thailand. There are many prominent developers with women in leadership positions. They are also active property buyers.\n\n\n\u201cWomen play a big role in the buying process, especially when it comes to the actual decision making,\u201d Khun Tanya notes. \u201cWe\u2019ve noticed that it is our female customers who go on to explain the story and product to their husbands or partners. And thus ultimately leading to the purchase. They are the ones who appreciate and see the storytelling and experiences come to life.\n\n\nThe insights of women are also extremely important for project development. As has been the case in other industries, having more perspectives allows you to create better, more inclusive products.\n\n\n\u201cAs a woman, I know about the inner workings of the home quite intimately. It allows me to laser-focus on creating truly functional and usable spaces whether it is to cook, to spend time with family, or to do my make-up. Details as small as the placement or height of an outlet can be a gamechanger. These insights let us design better,\u201d Khun Tanya states.\n\n\nExperiences helped shape Khun Tanya\u2019s real estate vision, and she encourages women interested in the industry to tap into these as well.\n\n\n\u201cThe real estate industry should be very intuitive, after all, we do spend a lot of our time in a home. One piece of advice I can share is that experiences to different types of projects and products matter. Apart from that, be observant of the details, and constantly be comparing pros and cons of one product to another. In Thailand, we have a number of successful female real estate agents who possess a keen eye and interest in the industry. These traits are what developers are looking for as well,\u201d Khun Tanya shares.\n\n"} {"url": "https://www.dotproperty.com.my/blog/optimise-your-bonus", "title": "Optimise your bonus", "body": "\n\n\n\nAfter receiving that much deserved end-of-year bonus you may find yourself wondering what to do with the money.\n\n\nAccording to real estate firm Plus Property the possibilities vary, from saving for an emergency fund to clearing debts.\n\n\nSome may choose to invest in Long Term Funds (LTFs) or Retirement Mutual Funds (RMFs), buy bonds (corporate and private) or insurance for tax breaks, or purchase stocks and gold while keeping an eye on market swings.\n\n\nThere is another lucrative investment option to consider \u2013 real estate \u2013 which can be especially advantageous when the global economy seems bearish.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhy real estate? Because of its potential to steadily increase in value, regardless of how volatile other markets are. Let\u2019s take a closer look at how we can protect ourselves against increased interest rates and inflation through real estate investment, and overcome the seemingly volatile market.\n\n\nEasing your mortgage burden\n\n\nMortgage loan interest is one of the highest interest rate loans available, which is calculated in a compound manner. The rate is floating and based on the domestic economy state for either the Mortgage Loan Rate (MLR) or Mortgage Retail Rate (MRR).\n\n\nIf you choose a longer period to pay off your loan you potentially intensify your debt burden. However, by using your bonus to put out this financial fire you can reduce the principal as much as possible and shrink the debt pay-off period.\n\n\nAn alternative financial instrument is refinancing which allows you to transfer your debt to another bank if you find that it offers lower interest rates. However it is necessary to first find out the true cost of refinancing and whether there is any penalty for prematurely ending your current contract.\n\n\nWhen you are certain that the numbers provide you with a lesser monthly debt and work in your favour refinancing can be a very useful option.\n\n\nReal estate investment\n\n\nInvesting in real estate can lead you to long-term passive income, with leasing your property being another way to optimise your bonus.\n\n\nTo turn a profit in the short term this kind of investment can be used in the form of speculative security. This does not require making a full purchase, allowing you to profit by selling your property to the person who will take up the full ownership baton.\n\n\nBy studying market trends and researching the developer, the prospect of development can help you make more sense of your potential investment.\n\n\nIt is also important to keep yourself abreast of the progress of government mega projects, as these can drive up property prices. Deciding when the best time is to sell securitised real estate to make a profit requires some planning. For example, property can be sold from the pre-sale or post-sale periods up until the project is almost ready to be transferred.\n\n\nProfits, however, will vary.\n\n\nA high quality, well-located project that is in good demand can be very profitable, especially during the post-sale period or before the installment debt for the down payment kicks in. In this scenario, when the item is out of stock, the supply is constrained. Once it is released to the market again to meet the demand, prices are usually higher.\n\n\nDuring the transfer-ready period, property may be harder to sell because of the various factors that may force you to make the sale more competitive by lowering the price.\n\n\nFinally leasing your property is another available option. Property in all sectors, residential (condominiums or houses) and commercial (office buildings) can be leased. It isn\u2019t necessary to have a large lump sum of cash to purchase the property as this can be done with the help of loans.\n\n\nThe caveat here is that the leasing rate must be higher than the loan(s) that you are required to pay off each month. Not only can a leased property offset the interest rate of your bank loan, but it can also generate a good yield if the property itself is located in a convenient area in high-demand.\n\n\nGet equipped\n\n\nEducating yourself by attending property and investment seminars and courses is always a good idea. By keeping yourself informed about market trends and taking advice from experts you will be able to make more sensible investment decisions. You are also likely to make new connections with people who share this niche interest.\n\n\nPlanning for your family\u2019s financial future can be an incredibly rewarding gift. By following the above-mentioned tips you should be able to propel your financial success to the next level.\n\n\nThis story and Illustration was supplied by real estate firm Plus Property.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/overseas-interest-australia-real-estate-remains-market-starting-shift", "title": "Overseas interest in Australia real estate remains, but market starting to shift", "body": "\n\nThe suburbs of major cities, such as Sydney, are now recommended for Australian real estate investment\n\n\nReal estate investors from Asia are targeting Australia even with stamp duties on overseas buyers in the states of Victoria and New South Wales taking some lustre off the market. There are still plenty of Australian real estate investment opportunities for international buyers, but the trends are changing.\n\n\nChinese investors remain the dominate force in the Australian real estate market, but buyers from around Southeast Asia are starting to warm up to residential property Down Under.\n\n\n\u201cThe majority of enquiries are still coming from China, however, there has been a drop in buyers which can be attributed to the increase in stamp duties which are imposed on a State-based level,\u201d Ashley Koenig, CEO at \nNational Property Buyers\n, explained. \u201cIn the past, investors have focused on major office investments, however, they now prefer residential construction, looking at medium density and greenfield developments.\u201d\n\n\nThe bulk of interest National Property Buyers has seen is for Melbourne and Sydney properties. There has been a considerable increase of interest in Adelaide and Brisbane real estate since both cities offer lower median property prices and solid yields with capital growth potential.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cIn all major cities of Australia there are certain types of properties that perform better than others in relation to capital growth and we are seeing that in areas like Melbourne and Brisbane where there is an oversupply of off-plan apartments,\u201d Koenig said. \u201cThis can lead to a lower \u2018On Completion Valuation\u2019 that means the purchaser has to contribute more funds toward the settlement.\u201d\n\n\nKoenig noted that foreign buyers are now looking to move away from buying high-rise, off-plan apartments and are now looking for long-term capital growth opportunities.\n\n\nAccording to National Property Buyers, these are desirable traits foreign investors should look for:\n\n\n\n\nNew build\n\n\nSmall developments with a maximum of 15 units\n\n\nSuburban locations within 10 kilometres of major cities\n\n\nAccess to public transport\n\n\nClose to major retail stores and supermarkets\n\n\n\n\nThe nuances of Australian real estate investment\n\n\nBuying residential property in Australia is transparent, but investor should work with independent experts who understand the local laws. The first step is to \nvisit the Foreign Investment Review Board (FIRB) \nwebsite\n\u00a0to see if approval to purchase property is required.\n\n\nThe country has different rules for those considering buying a brand new or existing property in Australia. In most cases, overseas investors are only allowed to acquire new or never lived in property. It is also vital to have finances in order before moving forward with a transaction.\n\n\n\u201cA problem we are noticing is that it is becoming increasingly difficult to obtain financing in Australia for foreign buyers so you must ensure you have access to funds for your purchase,\u201d Koenig said. \u201cWe are also seeing a number of valuations for high-rise, off-plan apartments coming in below the purchase price so we recommend considering smaller projects which have less price volatility and a greater upside for capital growth.\u201d\n\n\nWhen considering an Australian real estate investment, it is also important to work with an agent who is experienced and knows the local markets. For example National Property Buyershas purchased more than AUD 500 million for its clients and has a network of trusted local service providers to ensure a smooth property buying experience.\n\n\n\u201cWe live locally in the city you are looking to buy in and have a large network of selling agents. We will search for the property based on your requirements and budget and once you approve the property we negotiate the lowest possible price for you,\u201d Koenig explained. \u201cIf you are an investor and require assistance with property management, we can also provide this service.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/overseas-investors-acquiring-luxury-real-estate-malaysia", "title": "Why are overseas investors acquiring luxury real estate in Malaysia?", "body": "\n\n\n\nWhile the Malaysian property market remains stuck in neutral, international investors are still exploring luxury real estate opportunities in the country. The upscale condominium market remains attractive as a safe investment option. In prime locations, such as KLCC, investors can enjoy yield returns between three and four percent during the next few years thanks to steady rental demand.\n\n\nGovernment regulations allow foreigners to buy and own property with few restrictions beyond the MYR 1 million (USD 256,500) minimum purchase price. The freehold nature of the properties and their prime locations mean investors are willing to buy even as the country\u2019s real estate underperforms.\n\n\n\u201cI would say that foreigners may still be attracted to prime units around the KLCC area in the optimum region of about MYR 1-RM1.5 million,\u201d \nformer Malaysia Property Incorporated vice president David Shieh explained to the Malay Mail\n. \u201cNot many countries in the region or around the world allow foreigners to own freehold properties. Secondly, price per square feet for Malaysian properties is still one of the lowest in the region.\u201d\n\n\nWhat luxury real estate does MYR 1 million buy in Kuala Lumpur?\n\n\nTwo-bedroom condo at Setia Sky Residences\n\n\nSetia Sky Residences\n are a short-drive away from KLCC and condominium units here boast some impressive views. The development is equipped with several amenities including a swimming pool and a fitness centre.\n\n\nThe unit itself comes fully furnished and is on the tenth floor with a balcony facing Titiwangsa Lake. With two bedrooms, three bathrooms and a welcoming kitchen, the space is very attractive to young families.\n\n\nFor investors, the smartly designed condominium combined with a great location makes it ideal for rentals.\n\n\nClick here to request details\n\n\nHigh-rise living near KLCC Park\n\n\nStonor 3\n set a new benchmark for luxury real estate in the always popular KLCC Park area. The property features a unique swimming pool and fitness centre layout that adds a distinct flair to the three-storey common area facilities.\n\n\nEvery condominium contains European kitchen appliances, Japanese sanitary ware and Burmese hardwood flooring adding elegance to the space. The two-bedroom, two-bathroom unit is priced at MYR 1.36 million (USD 348,700). While the property does cost a little more than the MYR 1 million minimum overseas buyer purchase price, Stonor 3\u2019s close proximity to international schools and hospitals will likely result in solid demand from renters.\n\n\nClick here to request more details\n\n"} {"url": "https://www.dotproperty.com.my/blog/oxley-towers-kuala-lumpur-city-centre", "title": "Oxley Towers Kuala Lumpur City Centre", "body": "\n\n\n\nKuala Lumpur welcomes Oxley Towers Kuala Lumpur City Centre \u2013 a slick new development.\u00a0\n\n\nSingaporean Developer Oxley Holdings have been making moves across the world. Over the last three years they have been taking their development tactics to sites in London, Batam, Myanmar, Dublin and Kuala Lumpur to build residential buildings and in some case as part of mixed-use schemes.\n\n\nLondon was their first overseas venture with Royal Wharf in East London, an area of England\u2019s capital that is constantly on developer\u2019s watchful eyes due to its vast potential. The site was bought for GBP 200 million, an astute investment move since half of the units, 811 in total, of the first phase were sold on the first day of the Royal Wharf\u2019s launch.\n\n\nNext year is forecast to be more of the same as Oxley aim to launch after Chinese New Year SO Sofitel Residences at Oxley Towers Kuala Lumpur City Centre. Consisting of 590 units, this scheme prime central location will be home to two hotels, office space, and over 100,000 sq ft of retail space.\n\n\nSO Sofitel has a renowned reputation globally. It complements Oxley\u2019s portfolio of hospitality properties that include big brands such as Shangri-La, Ibis and Novotel. Oxley Towers Kuala Lumpur will also house Jumeirah Kuala Hotel and Residences in addition to SO Sofitel Hotel and Residences. This new scheme will be a game changer in Malaysia\u2019s capital city as the quality of residential projects is upped a notch.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/part-hua-hins-enduring-legacy", "title": "Be a part of Hua Hin\u2019s enduring legacy", "body": "\n\nFor more than a century, Hua Hin has been the place Bangkokians retreat to on weekends. The tranquil atmosphere and refreshing sea breeze provide a welcome respite from the intense city life. Sure, the seaside town has grown over the years, but its essence has remained the same.\n\n\nThis legacy is why Hua Hin remains Thailand\u2019s premier second home destination. Everyone from the Royal Family to leading business officials and even international retirees have chosen the city for a summer residence.\n\n\nStrong demand has seen condominiums and resorts built up and down the Hua Hin beachfront. In fact, only one plot of beachfront land remains for residential development. It is owned by respected developer Proud Real Estate who has truly saved the best for last.\n\n\nInterContinental Residences Hua Hin is the city\u2019s last beachfront residential development. Not only is it Thailand\u2019s first residential project under the InterContinental Hotels & Resorts brand, but it is also only one of a limited number of hotel branded residences in Hua Hin. The end result is a development befitting of such a rare location.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFamiliar beauty\n\n\nIf you have ever visited the impressive InterContinental Hua Hin, the design of the InterContinental Residences Hua Hin will immediately be familiar. Developer Proud Real Estate took everything people have come to love about the world-class hotel and combined it with bespoke features, amenities and services that cater to residents.\n\n\nInside a unit at InterContinental Residences Hua Hin\n\n\nLet\u2019s start with the interior design which embraces the cultural and historical heritage of Hua Hin. The fully-furnished residences are decorated with pieces inspired by the villas of the past. Modern touches have been carefully incorporated throughout, so they do not disturb the overall style. For example, the wooden headboard features a full charging station for electronics on each side of the bed. It\u2019s something you wouldn\u2019t notice on first glance but will be glad to have.\n\n\nThere are spacious one-, two- and three-bedroom units as well as a magnificent penthouse available. Different residences boast different lifestyle benefits. Some are close to the beach, others have a private pool, a few cater specifically to families and a couple provide easy access to the facilities.\n\n\nEvery residence does enjoy unmatched privacy thanks to the detailed layout that avoids cross-facing doors or windows. There is also a balcony equipped with a daybed in each unit where you can take in the surroundings and feel the lovely sea breeze. A limited number also have direct access to the swimming pool.\n\n\nThe exterior is similar to the InterContinental Hua Hin hotel\u2019s colonial-style architecture that is instantly recognizable to anyone who has been to Hua Hin. There is a seven-story building at one end of the project and eight four-story buildings surrounding the center area which contains lush gardens and several swimming pools.\n\n\nInterContinental Residences Hua Hin has a wonderful flow where it feels as if everything has been crafted to accentuate the private beachfront.\n\n\nA world-class experience\n\n\nNearly 70 percent of InterContinental Residences Hua Hin is dedicated to amenities and green space\n\n\nThe amenities and services at InterContinental Residences Hua Hin are legendary. An emphasis has been placed on serving multi-generation families, a growing and important trend in Thailand. For children, there are a kid\u2019s pool and game room to entertain. Parents will enjoy the jogging track, fitness center and yoga lawn. And grandparents can spend time in the library or at the therapy pool.\n\n\nOf course, there are also places where the entire family can spend time together, such as the Tamarind theater or on the beach. 111 Social Club is also a part of InterContinental Residences Hua Hin. Here you can enjoy a snack or drink inside a traditional Hua Hin villa overlooking the beach.\n\n\nA staggering 70 percent of the development is dedicated to gardens, private beach and the other amenities. Space is in abundance allowing you and your family to enjoy a peaceful, private experience. This is complimented by the services made available to residents.\n\n\nTime is priceless and that belief is why InterContinental Residences Hua Hin offers far ranging services to ensure residents can make the most of theirs. A dedicated Director of Residences and concierge ensures the details are taken care of during you stay so you can focus on the things that really matter.\n\n\nWeekend getaways are made easy thanks to a check-in service. Your residence will be prepared before you arrive with a full fridge, housekeeping completed and baggage assistance. There is even a valet who can park your car. No moments need to be wasted on superfluous tasks.\n\n\nAn iconic location\n\n\nThe location of InterContinental Residences Hua Hin places you in the heart of the city. The popular Market Village shopping center is directly across from the residences while BluPort shopping mall and Cicada night market are a stone\u2019s throw away. Vana Nava Water Jungle, True Arena and several golf courses are a short drive from the property.\n\n\nThe last chance to be a part of Hua Hin\u2019s legacy\n\n\nAs Hua Hin\u2019s last beachfront residential development, InterContinental Residences Hua Hin is part of the city\u2019s legacy. Not only is the project peerless in terms of design, function and quality, but it is redefining the weekend getaway experience. There has been no other development like this before and will be no other development like this in the future.\n\n\nThe brisk sales at the project highlight just how powerful this opportunity is to lifestyle real estate investors. Proud Real Estate reported that sales were 10\u201320 percent prior to the COVID-19 pandemic. However, sales have jumped to 40\u201350 percent during May and June.\n\n\nThe private beachfront at InterContinental Residences Hua Hin\n\n\nThe increase in sales is attributed in part to potential buyers being able to see the showroom in person and get a feel for the wonderful location along the beachfront. Much like InterContinental Hua Hin, InterContinental Residences Hua Hin are set to become part of the city\u2019s fabric. A destination familiar to all and enjoyed by a privileged few.\n\n\nA limited number of residences, including a penthouse, are still available at InterContinental Residences Hua Hin. However, these will not be on the market for much longer. The question is simple. Do you want to be a part of Hua Hin\u2019s enduring legacy?\n\n\nIf you answered yes, then it is important to act quickly to secure your home in InterContinental Residences Hua Hin. These treasured residences will become family heirlooms passed down from one generation to the next. Few, if any, will be made available after the project has sold out.\n\n\nFor more information, please visit \nwww.intercontinentalresidenceshuahin.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/passports-present-problem-many-asean-hnwis", "title": "Passports present a problem for many ASEAN HNWIs", "body": "\n\n\n\nFor wealthy citizens of Singapore and Malaysia, there is no need to worry about their passports. They are ranked as two of the strongest in the world, according to Arton Capital\u2019s Global Passport Power Rank 2018. However, those from the Philippines and Vietnam have relatively weak passports that can restrict travel.\n\n\nDespite growing wealth, passports in several Southeast Asian countries rank among the weakest globally. Not only does this make simple travel to places such as the EU difficult and costly, but it also hinders overseas educational and work opportunities.\n\n\nThis has seen many high net worth ASEAN passport holders take advantage of Golden Visa real estate investment programmes in Spain, Greece and Portugal. Others look to provide their children with educational opportunities by investing in real estate in Australia or the UK.\n\n\nFor many HNWIs in Southeast Asia, a second passport via real estate investment can be the key to unlocking the world.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nASEAN passport rankings\n\n\nSingapore\n\n\nGlobal passport strength:\n 1st\n\n\nVisa-free travel:\n 163 countries\n\n\nNotable countries with visa requirements:\n Russia, Saudi Arabia\n\n\nWith visa-free travel to the EU and a Visa Waiver Program in place with the US, Singaporeans have freedom of movement unmatched by any other country.\n\n\nMalaysia\n\n\nGlobal passport strength:\n 6th\n\n\nVisa-free travel:\n 159 countries\n\n\nNotable countries with visa requirements:\n USA, Canada\n\n\nThe Malaysian passport is deemed to be just as strong as the US and Swiss passports. Holders have visa-free access to the EU and can apply for Electronic Travel Authority to visit Australia.\n\n\nThailand\n\n\nGlobal passport strength:\n 57th\n\n\nVisa-free travel:\n 76 countries\n\n\nNotable countries with visa requirements:\n UK, Australia\n\n\nThe Thai passport grants holders visa-free travel to Russia, Turkey and Japan, but the EU requires a visa. The visa process for Thais looking to travel to the USA is known to be very strict.\n\n\nIndonesia\n\n\nGlobal passport strength:\n 61st\n\n\nVisa-free travel:\n 71 countries\n\n\nNotable countries with visa requirements:\n Japan, EU\n\n\nHong Kong and Morocco are among the countries Indonesians can travel to without a visa. However, nearly all of Europe, including non-EU countries, requires a visa as well as Australia.\n\n\nThe Philippines\n\n\nGlobal passport strength:\n 68th\n\n\nVisa-free travel:\n 63 countries\n\n\nNotable countries with visa requirements:\n South Korea, USA\n\n\nTaiwan is one of the few places Filipinos can visit visa free. Unlike other countries, citizens of the Philippines have far more opportunities to work overseas and employment visas are easier to come by.\n\n\nVietnam/Laos\n\n\nGlobal passport strength:\n 80th\n\n\nVisa-free travel:\n 51 countries\n\n\nNotable countries with visa requirements:\n USA, EU\n\n\nThe passports of Vietnam and Laos rank in the same spot in terms of strength. The Laos passport does offer visa-free access to Russia and Mongolia while Vietnamese passport holders can travel to Chile without a visa.\n\n\nThis article on\u00a0ASEAN passport strength can be found in Dot Property Magazine\u2019s Southeast Asia Wealth And Outbound Investment Report 2018.\n \nClick here to read it\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/pay-to-buy-in-australia", "title": "Pay to buy in Australia", "body": "\n\n\n\nFrom the start of December 2015 all foreign buyers and investors of Australian property must now pay a fee before their foreign investment application will be processed. Stricter penalties have been introduced by the Australian Taxation Office (ATO) for those who break the rules.\n\n\nThe recent changes introduced by the Federal Government are designed not to deter foreign investment into Australia, but rather ensure current rules that limit foreign investment in established dwellings are enforced.\n\n\nUntil now there has been poor policing by the small team at the Foreign Investment Review Board (FIRB), resulting in limited penalties imposed on those who breach the rules. For a long time, the framework was undermined due to poor data collection, along with a lack of audit, compliance and enforcement.\n\n\nGiven no fees were collected on application, it made it quite difficult for the FIRB to justify committing more Australian tax-payer resources, despite the number of foreign investment applicants growing almost three-fold over the course of 2013-14.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOver the same time, and as residential property prices rose significantly in many suburbs across the country, the Australian public had become increasingly concerned that the influx of foreign purchasers were having a direct impact on mainstream (established) house prices.\n\n\nThis placed pressure on the now former Treasurer, Hon Joe Hockey MP, to provide clarification on the role foreign investment plays in residential property.\n\n\nAfter a lengthy and comprehensive inquiry by the House Economic Committee, legislation was slated in late November 2015 with a stronger foreign investment regime coming into effect from December 1, 2015.\n\n\nForeign investors will now pay a fee to the ATO before their foreign investment application to buy residential property is processed.\n\n\nFor properties valued at AUD$ 1 million or less an application fee of AUD$ 5,000 will be collected. If the property is valued at more than AUD$ 1 million, AUD$ 10,000 is payable with an AUD$ 10,000 incremental fee increase per additional AUD$ 1 million in property value.\n\n\nThe fees apply for each application submitted, and become uncapped if the property is valued at more than AUD$ 1 million.\n\n\nFees are paid on application and do not provide any assurance of securing the property.\n\nStricter penalties now make it easier to pursue foreign investors that breach the rules.\n\n\nCriminal penalties have increased from AUD$ 90,000 to AUD$ 135,000 for individuals, and divestment orders are supplemented by civil pecuniary penalties. Infringement notices for less serious breaches of the residential property rules also apply. Third parties who knowingly assist a foreign investor to breach the rules are now subject to civil and criminal penalties.\n\n\nProperty developers can apply for a new dwelling exemption certificate to sell new dwellings in a development of 50 or more residences to foreign investors however, the Government has tightened the rules around the use of new dwellings exemption certificates by limiting the value of all apartments that can be bought by a single foreign investor to AUD$ 3 million in the one development.\n\n\nIf foreign investors want to purchase apartments above this value they are required to seek individual approval.\n\n\nThis story was written by Michelle Ciesielski of real estate firm Knight Frank and has been reproduced with their kind permission.\n\n"} {"url": "https://www.dotproperty.com.my/blog/penang-property-challenges", "title": "Penang property challenges", "body": "\n\n\n\nPenang property saw a drop in both transactions and values during 2015 in data recently released however \nrecent reports say 2016 has seen increasing demand\n.\n\n\nIn its new \nPenang Property Market Report\n, real estate firm Knight Frank recorded the total volume of transactions for all sectors in the State of Penang for 2015 registered a drop of 15.6 percent against 2014.\n\n\nSimilarly, in terms of value of transactions the drop was recorded at 15 percent.\n\n\nThe picture now for Penang property is likely to be different with many agents and developers in the state reporting a buoyant marrket.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nResidential transactions in the State of Penang\n, which made up 70.9 percent (72 percent in 2014) of total volumes, recorded a drop of 16.9 percent and 18.5 percent in terms of the volume and value of transactions done respectively for 2015 versus 2014.\n\n\nOnly the industrial and others sub-sectors registered growth of 25.4 percent and 215.4 percent respectively.\n\n\nPenang International Airport, which has reached capacity of accommodating 6.5 million passengers per annum, has been earmarked for expansion to cater for increased 10 million passengers per year. Malaysia Airports Holdings Bhd\n\n\nThe first phase that will include the completion of 1,500 parking lots will be operational in the first-quarter of 2017, while the second phase will be opened in 1Q 2018.\n\n\nNew investments and re-investments into Penang\u2019s industrial sector have included Boston Scientific\u2019s new facility in Batu Kawan Industrial Park which will be operational by 2H 2017; SAM\u2019s reinvestment of RM 100 million between 2016 and 2018 \u2013 RM 70 million to build a new 120,000 sq ft facility in Bukit Minyak and RM 30 million on its Penang plant for aerospace work; Robert Bosch\u2019s RM 66 million expansion of its Penang plant; and Tek Seng Holdings Bhd, a solar cell maker, RM 237 million to expand its triple its production capacity.\n\n\nHigh-end Condominiums\n\n\nHunza Group, a well-established and reputable property developer in Penang, has launched ALILA\u00b2 as a sequel to their successful Alila Horizons and Alila Homes in Tanjong Bungah.\n\nALILA\u00b2 is sited away from the hustle and bustle of Georgetown yet is close enough to the city, Batu Ferringhi, international schools, medical facilities, retail outlets and the varied dining choices Penang is known for.\n\n\nALILA\u00b2 is a low density modern resort-inspired condominium development comprising two towers sitting atop a six-storey podium over 9.8 acres of lush landscape.\n\n\nThe two towers have been designed to comply with Malaysia\u2019s Green Building Index (GBI) Certification.\n\n\nThe comprehensive range of recreational facilities includes infinity pool with Jacuzzi beds, seats and aqua gym equipment; a two-storey lounge area with BBQ pit, dining tables and seating, and an entertainment deck; tennis courts, a half-size basketball court and themed pocket spaces with feature shelters, giant swings and cocoon seating.\n\n\nExpected to complete by 4Q 2017, ALILA\u00b2 offers 270 large, semi-furnished apartment units with prices starting from RM 790 per sq ft ad rising to RM 1,066 per sq ft for typical units sized from 1,905 sq ft to 3,235 sq ft, and from RM 993 per sq ft to RM 1,000 per sq ft for penthouse and duplex units sized from 3,900 sq ft to 5,789 sq ft.\n\n\nOptional furniture packages are available and a minimum of two car parking bays are provided for each unit.\n\n\nBuyers of the high-end condominium sector have higher expectations; thus, developers of many newer launches offer units which are fitted with built-in cabinets to bedrooms, kitchen cabinets, electrical items, as well as light fittings, air-conditioning units and quality sanitary fittings.\n\n\nThere were very few recorded transactions of larger sized condominiums with built-up areas from 3,500 sq ft to 6,000 sq ft in the secondary resale market in 1H 2016.\n\n\nTransactions in 1H 2016 of such sized units in Tanjong Bungah range from RM 446 per sq ft to RM 626 per sq ft (both at The Cove) and up to to RM 793 per sq ft.\n\n\nSmaller-sized units at Gurney Paragon were resold at RM 808 per sq ft to RM 1,150 per sq ft, whilst at Quayside, Seri Tanjong Pinang, units were resold at prices varying from RM 768 per sq ft to RM 1,138 per sq ft during the first six months of 2016.\n\n\nKnight Frank said that asking rents are noted to be slightly lower when compared to last year.\n\n\nFor larger sized units in Tanjong Bungah, asking rents generally range from RM 1.10 to RM 2.30 per sq ft per month, whilst some landlords are still holding onto high asking rents of RM 2.80 per sq ft to RM 2.95 per sq ft per month.\n\n\nFor similar sized units in Gurney Drive, asking rents vary from RM 1.80 per sq ft to RM 2.60 per sq ft per month.\n\n\nFor smaller sized units in Tanjong Tokong and Gurney Drive, asking rents are in the range of RM 2.20 per sq ft to RM 2.90 per sq ft per month, whilst some landlords have higher asking rents of RM 3.50 per sq ft to RM 4.40 per sq ft per month.\n\n\nOutlook\n\n\nWith the continuing challenging global and national economic environment, Knight Frank reported that the negative Penang property market sentiments has remained.\n\n\nIt said the scenario is not expected to improve in the immediate future.\n\n\nFurther softening and consolidation of the \nresidential sector\n is expected with increasing supply and poorer take up rates.\n\n"} {"url": "https://www.dotproperty.com.my/blog/penang-takes-top-spot", "title": "Penang takes top spot", "body": "\n\n\n\nPenang has overtaken Kuala Lumpur and the Klang Valley as the most attractive region for commercial investment, garnering 67 percent of the overall responses in a \nsurvey by real estate firm Knight Frank\n.\n\n\nKuala Lumpur\u2019s CBD (Golden Triangle), which was the top investment choice in 2015, has retreated in the rankings to fourth position with 49 percent of responses after KL Fringe/Klang Valley (56 percent) and Johor/Iskandar (55 percent).\n\n\nThe healthcare/institutional segment is the most attractive sub-sector for investment, garnering 69 percent of responses followed by the hotel/leisure segment (65 percent), logistics/industrial (52 percent) and retail (50 percent).\n\n\nThe least attractive segment for commercial investment was the office sub-sector with a poor 36 percent response.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPenang is currently the most attractive investment region for hotel/leisure (86 percent) and healthcare/institutional (79 percent) developments according to Knight Frank, possibly due to George Town being inscribed as one of UNESCO\u2019s World Heritage Sites and the popularity of the state for medical tourism.\n\n\nThe survey targeted some 700 respondents at\u00a0senior management level across the\u00a0Malaysia property industry. About half of the\u00a0respondents (55 percent) were property developers with the\u00a0balance comprising a mix of commercial\u00a0lenders and fund/REIT managers, reflecting players in the commercial\u00a0real estate market.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/penangs-heritage-protect", "title": "Penang\u2019s heritage should protect all", "body": "\n\n\n\nQuestions have been raised as to how safeguard the shophouses of Penang\u2019s heritage. \u00a0\n\n\nGeorge Town, the capital of Penang, is fast becoming a property hot spot. This area is lined with original Chinese pre-war shophouses brimming with original features from ornate wooden shutters at the window to impressive high ceilings and grand rooms. Over the years there has been a gradual increase in these being restored to their former glory as the attraction of these properties rises.\n\n\nAppealing to investors, many rows have been snapped up by \nmainly Singaporean investors\n, who see the value in these rather uniquely designed properties. The areas itself is preserved with a requirement for the upkeep of the shophouses which is forcing some owners to sell, according to the Penang Chamber of Commerce. The common notion is that shophouse owners are selling to profit for their increasing interest but this may not be the case.\n\n\nThe selling of shophouses not only means owners give up on their inheritance, but it also pushes out the traditional trades of Penang. As a result locals have raised questions relating to the allowance of foreigners purchasing properties. The Penang government have refuted that the number of foreigners involved in the purchases is inaccurate, and the numbers have somewhat reduced thanks to raising of the minimum price bracket to RM 2 million for foreigners purchasing property.\n\n\nIt appears that a balance needs to be reached to ensure that Penang\u2019s heritage remains by maintaining shophouses and not leaving them empty whilst simultaneously protecting the needs of both owners and tenants. Rent controls has\u00a0been discussed in order to protect existing tenants from escalating rents as a result of increased property prices, which are considered vital as the businesses that operate in shophouses have created the vibrant atmosphere that has made the area so popular today.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/philippine-central-bank-predicts-property-market-recovery-next-year", "title": "Philippine central bank predicts property market recovery next year", "body": "\n\nBangko Sentral ng Pilipinas (BSP), the Philippines\u2019 central bank, is the latest to predict a property market recovery in the country. They foresee it taking place in 2022 as part of a larger rebound in overall economic growth.\n\n\n\u201cThe BSP anticipates that activity in the real estate market will recover in line with rebound in overall economic growth in 2022,\u201d \nBSP Governor Benjamin Diokno was quoted as saying by Philstar Global\n. \u201cReal estate demand slipped due to the uncertainties brought about by the global health crisis as capital values for office and residential units in the country\u2019s major commercial and business districts slumped in 2020.\u201d\n\n\nWhile the past two years have been a struggle, the BSP did note that the real estate and construction sectors are already on the road to recovery having inched upward during the second quarter of this year.\n\n\nHowever, more is needed for a complete Philippine property market recovery. A full return to work and tourism resuming are a few of the needed factors.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSoftening travel restrictions likely to aid property market recovery\n\n\nAs travel restrictions loosen and foreign employees of Philippine offshore gaming operators (POGOs) return to the country, real estate will likely pick up, according to Leechiu Property Consultants CEO David Leechiu, \nHe noted that the benefits will be gradual as the companies look to reestablish themselves before scaling up activity\n.\n\n\n\u201cWith travel restrictions easing up, we anticipate POGOs to start reopening their offices and begin to grow by the second quarter of 2022,\u201d Leechiu was quoted as saying by the Philippine News Agency. \u201cRight now, they are in the moat of stability. But when they start expanding again, I think it depends on the rate of expansion, they could easily wipe out all these vacant spaces in the market in the next two years.\u201d\n\n\nNo firm plans are in place just yet, but a tourism reopening scheme is expected to be announced shortly. It is believed that vaccinated foreign tourists from countries on the Philippines COVID-19 green list would be allowed to enter.\n\n\nRelated:\n\u00a0\nVaccinated foreign tourists could soon be welcomed back to the Philippines\n\n"} {"url": "https://www.dotproperty.com.my/blog/philippine-developer-smdc-hailed-corporate-social-responsibility-efforts", "title": "Philippine developer SMDC hailed for its Corporate Social Responsibility efforts", "body": "\n\nThe Special Recognition Award for Corporate Social Responsibility at the \nDot Property Philippines Awards 2021\n was bestowed upon a homebuilder making positive contributions that extend beyond property.\n\n\nSM Development Corporation\u2019s efforts know no bounds. Recently, the developer teamed up with local government units and the Philippine Red Cross on a vaccination program for all its residents and employees. Throughout the pandemic, SMDC has found ways to give back.\n\n\n\u201cWe have medical missions, and we also have bloodletting. We even worked with the Red Cross on blood drives during the COVID-19 pandemic and we able to donate a lot of blood which was needed,\u201d SMDC President Jose Mari Banzon said during an interview with Dot Property Group.\n\n\nHowever, that is just one of the reasons why they are known as The Good Guys. SMDC continues to find new and inspiring ways to support local communities, such as its efforts to promote local farmers and home-based entrepreneurs by creating markets.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cThe local farmers can bring produce and sell it on the weekends at market stalls in SMDC developments. This provides them with extra income,\u201d Banzon explained. \u201cOf course, residents are encouraged to sell their own products such as baked good. As a matter of fact, we have had a lot of OFWs who lost their jobs overseas and came back to Manila. They have joined our weekend markets and it turns out they don\u2019t even want to go back because their income is very secure.\u201d\n\n\nBy fostering community spirit, promoting healthy lifestyles and developing secure and safe neighborhoods, SMDC truly are the Good Guys. They are worthy winners of the Special Recognition Award for Corporate Social Responsibility at the Dot Property Philippines Awards 2021.\n\n\nRead More:\n \nHere are the winners from the Dot Property Philippines Awards 2021\n\n"} {"url": "https://www.dotproperty.com.my/blog/philippine-hotel-sector-provides-opportunities-investors-capitalize-travel-rebound", "title": "The Philippine hotel sector provides opportunities for investors to capitalize on a travel rebound", "body": "\n\nWhile tourism remains down across the globe, the United Nations World Tourism Organization has noted that it should return to pre-pandemic levels sometime in the next four years. For investors looking to capitalize on this rebound, the Philippine hotel sector provides a number of opportunities.\n\n\nMany hospitality properties have decreased in value or are in the hands of owners willing to sell for less. Meanwhile, some hotels have been able to tap into new markets or found other ways to bring in revenue during the COVID-19 pandemic, which may be attractive to investors wanting to keep the lights until international travel resumes.\n\n\n\u201cThe hotel and tourism sectors are some of the worst-hit real estate asset classes across the world. Hotels have been forced to pivot, innovate, and explore financing options to sustain their operations. We have seen an increasing number of hotels in the Philippines who are now looking at repurposing their spaces for other uses, such as office and residential, and retrofitting their facilities to address safety and health protocols,\u201d Rick Santos, Chairman & CEO of Santos Knight Frank\n,\n explains.\n\n\nRelated:\n \nThe need for tourism-focused real estate in the Philippines\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPhilippine hotel sector eyes reopening\n\n\nThere is still no clear timeframe for when the country will reopen to overseas arrivals once more, but the Department of Tourism (DOT) continues to explore all options available. For now, the Philippine hotel sector remains in a holding pattern where it can only rely on domestic guests.\n\n\nHowever, there is hope international tourism will resume sooner rather than later. Verna Buensuceso, OIC-Undersecretary for Tourism Development of the Department of Tourism confirmed that government is preparing for entry protocols for fully vaccinated travelers while working with COVID-19 inter-agency taskforce to establish more relaxed rules for visitors.\n\n\nThe Phuket Sandbox in Thailand is a possible tourism model that could eventually be adapted for popular locations in the Philippines. That program allows for vaccinated international tourists to visit the island without needing to quarantine assuming they meet additional criteria and follow set rules.\n\n\nRelated:\n \nWhen will Bali, Phuket and other destinations in Southeast Asia reopen for quarantine-free travel?\n\n"} {"url": "https://www.dotproperty.com.my/blog/philippines-best-real-estate-agencies-2021-celebrates-two-property-industry-leaders", "title": "Philippines Best Real Estate Agencies 2021 celebrates two property industry leaders", "body": "\n\nTricia Liu Properties was named as one of the Philippines Best Real Estate Agencies 2021\n\n\nThis article appeared in the most recent issue of Dot Property Magazine. \nClick here to read it\n!\n\n\nThe Philippines Best Real Estate Agencies 2021 celebrates those firms who offer outstanding service and support to customers. This year, the Dot Property Philippines Awards recognized two organizations leading the way in the country.\n\n\nTricia Liu Properties\n\n\nTricia Liu Properties is a dynamic agency that embraces new and innovative ways to help property seekers. From its popular social media channels to a young, motivated team, the agency is on the cutting-edge of real estate in Metro Manila.\n\n\n\u201cThe key values we always take note of are excellence, integrity, organization and, most importantly, building relationships. It is about going above and beyond the real estate industry to create genuine human connections. For me, all clients are VIPs,\u201d Erica Patricia Liu, Owner of Tricia Liu Properties, said.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nEdukate Group\n\n\nEdukate Group\n\n\nEdukate Group offers a wide range of services and has developed an outstanding reputation for being knowledgeable about the real estate market. The agency works diligently to assist customers in order to meet their unique property requirements.\n\n\n\u201cMe and the entire team are honored to win this award. It inspires us to do even more and to do even better for those who want to acquire property in the Philippines,\u201d Katarzyna Maria Brzezinska, Owner and Founder of Edukate Group, proclaimed. \n\n\n "} {"url": "https://www.dotproperty.com.my/blog/philippines-best-real-estate-agencies-2022-announced", "title": "The Philippines\u2019 Best Real Estate Agencies for 2022 announced", "body": "\n\n\n\nFamiliar faces found themselves among the winners of Philippines\u2019 Best Real Estate Agencies 2022 as both Tricia Liu Properties and Edukate Group Inc. took home the honor for a second consecutive year. They were joined by 2019 winner Pinnacle Real Estate Consulting Services Inc.\n\n\nTricia Liu Properties\n\n\nTricia Liu Properties is a dynamic agency that embraces new and innovative ways to help property seekers. From its popular social media channels to a young, motivated team, the agency is on the cutting-edge of real estate in Metro Manila.\n\n\nEdukate Group Inc.\n\n\nEdukate Group offers a wide range of services and has developed an outstanding reputation for being knowledgeable about the real estate market. The agency works diligently to assist customers in order to meet their unique property requirements.\n\n\nPinnacle Real Estate Consulting Services Inc.\n\n\nPinnacle Real Estate Consulting Services is dedicated to providing unparalleled real estate services that meet the highest ethical and performance standards for its local and multinational clients. The company\u2019s primary focus is on real estate asset management and brokerage; real estate closing and advisory services; and non-performing loan asset management.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRead More:\n\u00a0\nSMDC and RLC Residences lead an impressive collection of winners at the Dot Property Philippines Awards 2022\n\n"} {"url": "https://www.dotproperty.com.my/blog/photos-look-back-dot-property-thailand-awards-2018", "title": "In photos: A look back at the Dot Property Thailand Awards 2018", "body": "\n\n\n\nThe Dot Property Thailand Awards 2018 saw more than 150 real property leaders pack the Radison Blu Plaza Bangkok on 16 August. A total of 24 winners were honoured on the night with firms from Bangkok, Phuket, Hua Hin, Krabi, Pattaya and Isan now able to proudly call themselves Thailand\u2019s best.\n\n\nSee more:\u00a0\nDot Property Thailand Awards 2018 honours 24 of real estate\u2019s best\n\n\nMiss the festivities? Here are some of the best photos from the evening. Scroll down for the full list of winners from the Dot Property Thailand Awards 2018.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n1\n of 15\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u00a0\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDot Property Thailand Awards 2018 list of winners:\u00a0\n\n\nDeveloper Categories:\n\n\nBest Developer Bangkok \u2013 All Inspire Development\n\n\nBest Developer Phuket \u2013 Blue Horizon\n\n\nDevelopment Categories:\n\n\nBest Investment Project Phuket \u2013 Grand Himalai\n\n\nBest Mixed-Use Project Phuket \u2013\u00a0Grand Himalai\n\n\nBest Condotel Phuket \u2013 Mai Khao Beach Condotel\n\n\nBest Affordable Condominium Phuket \u2013\u00a0Mai Khao Beach Condotel\n\n\nBest Villa Architectural Design Phuket \u2013 Utopia Maikhao Seaview Villas\n\n\nBest Mid-Range Condo Development \u2013 Bayview Paradise\n\n\nBest Waterfront Development Krabi \u2013\u00a0Koh Jum Beach Villas\n\n\nBest Luxury Villa Development Hua Hin \u2013 Sivana HideAway\n\n\nBest Villa Development Hua Hin \u2013 Red Mountain\n\n\nReal Estate Contributors Category\n\n\nBest Construction Company Phuket \u2013 Utopia Development\n\n\nPeople\u2019s Choice Award for Best Developer Thailand\n\n\nAll Inspire Development\n\n\nThailand\u2019s Best Real Estate Agencies 2018 presented by Leading Real Estate Companies of the World\u00ae winners:\n\n\nAccom Asia\n\n\nBangkok Residence 88\n\n\nCentury 21 Skylux\n\n\nHorizon Homes\n\n\nIsan Real Estate\n\n\nPattaya Foreigner Service\n\n\nPattaya Realty\n\n\nPhuket Buy House\n\n\nPhuketCondo.Net\n\n\nSt. James Properties\n\n\nVauban Real Estate\n\n\nClick here to read about the winners\n\n"} {"url": "https://www.dotproperty.com.my/blog/phuket-property-market-demand-strongest-patong-karon", "title": "Phuket property market demand strongest in Patong and Karon", "body": "\n\n*All data from the Dot Property network\n\n\nWhat type of property are buyers looking for on Phuket? What is the preferred price point? We tracked inquiries made through the Dot Property network of websites Between January 2018 and May 2019 to find those answers.\n\n\nThe most in demand property during this time were one-bedroom condominium units in Patong with an asking price of THB3-5 million. Meanwhile, the most inquiries for detached housing, which includes villa properties, was Cherng Talay.\n\n\nDemand for houses/villas in Phuket by price\n\n\nPhuket had been a market dictated by noticeable high and low seasons in the past, but a levelling out has taken place in recent years. This is due in part to the island\u2019s booming tourism sector. According to Airports of Thailand, Phuket welcomed almost nine million passenger arrivals in 2018, an eight percent year-on-year increase\n\n\nThat being said, most areas do see an increase in inquiries during the traditional high season (December-February). Some locations also recorded a secondary surge in demand between July and September and this can be partially attributed to people making plans for the high season.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n1) Patong\n\n\nMost in-demand property type:\n 1-bedroom condo\n\n\nMost in-demand price:\n THB3-5 million\n\n\nBusiest months:\n November 2018, December 2018\n\n\n2) Karon\n\n\nMost in-demand property type:\n \n1-bedroom condo\n\n\nMost in-demand price:\n THB3-5 million\n\n\nBusiest months:\n January 2019, February 2019\n\n\n3) Kata\n\n\nMost in-demand property type:\n 1-bedroom condo\n\n\nMost in-demand price:\n \nTHB3 million and under\n\n\nBusiest months:\n July 2018, August 2018\n\n\n4) Kamala\n\n\nMost in-demand property type:\n 1-bedroom condo\n\n\nMost in-demand price:\n \nTHB3-5 million\n\n\nBusiest months:\n \nJanuary 2019, August 2018\n\n\n5) Cherng Talay\n\n\nMost in-demand property type:\n 2-bedroom house/villa\n\n\nMost in-demand price:\n THB5 million and under\n\n\nBusiest months:\n December 2018, January 2019\n\n\n6) Rawai\n\n\nMost in-demand property type:\n 3-bedroom house/villa\n\n\nMost in-demand price:\n THB8-15 million\n\n\nBusiest months:\n March 2019, September 2018\n\n\n7) Nai Harn\n\n\nMost in-demand property type:\n \n3-bedroom house/villa\n\n\nMost in-demand price:\n THB5-8 million\n\n\nBusiest months:\n March 2019, August 2018\n\n\n9) Bang Tao\n\n\nMost in-demand property type:\n 3-bedroom house/villa\n\n\nMost in-demand price:\n THB8-15 million\n\n\nBusiest months:\n April 2019, September 2018\n\n\n9) Laguna\n\n\nMost in-demand property type:\n 4-bedroom house/villa\n\n\nMost in-demand price:\n THB8-15 million\n\n\nBusiest months:\n April 2019, August 2018\n\n\n10) Layan\n\n\nMost in-demand property type:\n \n3-bedroom house/villa\n\n\nMost in-demand price:\n \nTHB15-30 million\n\n\nBusiest months:\n May 2019, March 2019\n\n\n11) Surin\n\n\nMost in-demand property type:\n \n1-bedroom condo\n\n\nMost in-demand price:\n \nTHB3 million and under\n\n\nBusiest months:\n \nNovember 2018, January 2019\n\n\nPhuket condo demand sorted by price\n\n"} {"url": "https://www.dotproperty.com.my/blog/phuket-property-market-looks-rebound-2021-botanica", "title": "The Phuket property market looks to rebound in 2021", "body": "\n\n\n\nThis\u00a0article on the Phuket property market appears in the Dot Property Thailand Real Estate Outlook 2021. You can read the report \nright here\n!\n\n\nThe Phuket property market was hit hard by the COVID-19 pandemic. With 30 million fewer tourists arriving in Thailand in 2020, the key driver of the island\u2019s real estate sector vanished almost overnight. Despite this, developer Botanica Luxury is confident it\u2019s a matter of when and not if these buyers return.\n\n\n\u00a0\n\u201cWe firmly believe clients who have been waiting for Thailand to reopen are going to return quickly. The market will gradually return to normal within six months to a year,\u201d Khun Attasit Intarachooti, Botanica Luxury CEO, noted. \u201cWe do not expect fast sales as we saw in the past, but we do expect people to come down to Phuket as they search for an investment and holiday home.\u201d\u00a0\n\u00a0\n\n\nBotanica did see more buyers from Bangkok last year and the developer expects this trend to continue in 2021. One reason for this is the increased adoption of work from home that has provided Bangkokians with the ability to move away from the city. Meanwhile, increased awareness of wellbeing has made villas and other low-density developments more appealing.\u00a0\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cThe idea of work from home has made people realize that we actually can work from anywhere with an internet connection, so you might not need to stay in the capital like Bangkok anymore. This benefits places like Phuket,\u201d Khun Attasit pointed out. \u201cI also believe that COVID-19 has affected how people choose their residences. Many clients are now looking for low-rise residential or single houses.\u201d\n\u00a0\n\n\nThe Phuket property market may face more challenges in 2021. However, Khun Attasit noted that Thailand\u2019s response to the COVID-19 pandemic may actually help the real estate sector in the long term.\u00a0\n\n\n\u201cThe fact that Thailand reacted quite fast to the situation has also helped improve the country\u2019s perception in the eyes of overseas clients. Customers believe that Thailand is a safe play to both live and invest,\u201d Khun Attasit concluded.\n\n\nFor more insights,\u00a0\nbe sure to read the Dot Property Thailand Real Estate Outlook 2021\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/phuket-rethinks-tourism-strategy-support-long-term-stability", "title": "Phuket rethinks tourism strategy to support long-term stability", "body": "\n\nPhuket officials are looking to ease restrictions on yachting which could help the property market\n\n\nThe COVID-19 pandemic has been especially hard on Phuket. The island\u2019s reliance on visitors has been painfully exposed with an estimated 80 percent of the province\u2019s economy dependent upon tourism. According to Provincial Governor Narong Woonsew, the cost of the outbreak for Phuket is currently THB160 billion.\n\n\nThe Bangkok Post reported that only five million people will visit Phuket in 2020, down sharply from the 14.4 million arrivals in 2019. The downturn has also negatively affected the Phuket property market with some overseas buyers delaying residential unit transfers due to travel restrictions.\n\n\n\u201cSince I have been in the property business, I\u2019ve never experienced anything worse than this crisis. Even Sars, avian flu and the tsunami were incomparable with the coronavirus,\u201d \nBoon Yongsakul, Phuket Real Estate Association Vice President, told the newspaper\n. \u201cIt is a very challenging year for developers in Phuket. They should monitor financial liquidity. Some of them have shifted to smaller projects with less than ten units a site.\u201d\n\n\nThe short-term financial hit is significant but work has also begun to ensure Phuket doesn\u2019t find itself in this position again. The local government is already looking at ways to diversify and promote new sectors with marinas; education; health and wellness; tuna exports; seafood and gastronomy; sports; and events all highlighted as future growth areas.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cThe new revenue drivers will not replace the conventional tourism businesses but build on top or add value to them. Tourism, after all, is a long-established industry with the resources and capability to sustain Phuket\u2019s economy well into the future,\u201d \nChernporn Kanjanasaya, Phuket Industry Council Chairwoman, said in an interview with the Bangkok Post\n. \u201cHowever, the province must be better equipped and more resilient to crises and that can be achieved by having a broader portfolio of industries to offset the economic risks.\u201d\n\n\nWill the Phuket property market benefit?\n\n\nNot all of the earmarked sectors will benefit the Phuket property market, but a few will help. The most obvious are education and health and wellness. If the island can build up these areas further, it would be a more appealing place for long-term residents.\n\n\nThose currently living in Hong Kong and Singapore are looking at relocation options amid economic uncertainty and social unrest. Better schools, along with improved healthcare infrastructure, could make Phuket an attractive place to live for families still wishing to be relatively close to their home countries.\n\n\nMeanwhile, expanding Phuket\u2019s already highly regarded Marina facilities would support Thailand\u2019s ambitions to bring in tourists with higher-spending power. \u00a0According to Chernporn, around 3,600 people visit Phuket aboard yachts each year, spending an average of 60 days on the island. This group brings the province THB21.6 billion in revenue.\n\n\nThere are currently two major yachting facilities in Phuket: Royal Phuket Marina and Phuket Yacht Haven. However, promoting the sector over the years has been held back by legal restrictions that the local government hopes to identify and ease to support the economy.\n\n"} {"url": "https://www.dotproperty.com.my/blog/phuket-villa-rentals-3-things-look-selecting-holiday-property", "title": "Phuket villa rentals: 3 things to look for when selecting a holiday property", "body": "\n\nHimmapana Villas, winner of Best Architectural Villa Design Phuket at the Dot Property Thailand Awards 2017, offers full-service rental stays\n\n\nThere are a lot of amazing Phuket villa rentals currently listed on \nThailand Property\n. What many people don\u2019t realise is how difficult finding the perfect one can be. Much like searching for a home, the options available can be overwhelming.\n\n\nAnd while we try to make searching Phuket villa rentals easy, you can make the process even simpler by doing a little homework. Here are a few things to consider when searching for the ideal villa rental in Phuket.\n\n\nSee more:\u00a0\nThe View is no ordinary Phuket villa development\n\n\n3 things to look for when searching for Phuket villa rentals\n\n\n1) Location\n\n\nThe view from\u00a0a villa in Patong currently listed on Thailand Property\n\n\nTo beach or not to beach, that is the question. Of all the Phuket villa rentals out there, beach units are always the most in demand. And this means they are also the most expensive. It\u2019s possible to get more bang for your buck further away from the beach. Let\u2019s take a quick look at two impressive Phuket villas for rent that highlight the difference.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThis two-bedroom villa overlooking Patong Beach\n\u00a0fetches THB 250,000\u00a0 (USD 7,700) per month during high season. For the same price, you could also \nrent a spacious, four-bedroom \nvilla\n\u00a0less than ten-minutes away from the white sands of Bang Tao Beach. Both are great depending on what you want.\n\n\nAnd that is why you must prioritise just how important location is before searching through Phuket villa rentals.\n\n\n2) Service\n\n\nPicasso Villas in Phuket offer daily cleaning with cooking available along with unlimited facilities use\n\n\nNot all Phuket villa rentals include service. Some, \nsuch as the picturesque Picasso Villas\n, have staff on hand to provide cleaning service and operate more like a hotel. Other rentals feature nothing more than the villa. Meanwhile, some properties offer service for an additional fee. This is a detail you will want to organise before arriving on your Phuket holiday.\n\n\nSee more:\u00a0\nThe most interesting villas in Phuket\n\n\n3) Agent\n\n\nWho you rent the villa from matters just as much as the property itself. You\u2019ll find no shortage of individuals claiming to represent various Phuket villa rentals, but in reality they\u2019re simply a third party who will try to book a property on your behalf. We strongly advise using reputable, verified agents who have a track record of working in Phuket.\n\n\nPhuket \nHello\n\u00a0is one such firm. The agency offers a selection of exclusive holiday villas and private homes for rent throughout Phuket. St James Property, \nnamed as one of Thailand\u2019s Best Real Agencies 2018\n, is another company known for its outstanding work in Phuket.\n\n\nLooking for a Phuket villa to rent? \nClick here to start your search\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/phuket-villa-sector-slowdown", "title": "Phuket villa sector slowdown", "body": "\n\n\n\nPrime locations and unique selling points will become increasingly important in the Phuket residential market, according to a report from one real estate firm.\n\n\nKnight Frank (Thailand) noted that Phuket\u2019s property and real estate market it is not bright, according to Nattha Kahapana, Executive Director to Knight Frank Phuket.\n\n\nThe real estate firm said there is a total supply of 11,177 units, 1,654 of which were launched during 2015. Meanwhile there were cumulative sales of 7,393 condominium units between 2007 and 2015, representing a 64.89 percent sold rate over that period.\n\n\nNattha said that a recent drop in demand has been caused by the slowdown of the world\u2019s economy, as well as the Ruble depreciation forcing many Russian buyers to disappear from the market.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHe also pointed out that the villa market in Phuket has also slowed with only 176 villa units sold during 2015 compared with beween 220 to 250 units sold annually between 2012 and 2014.\n\n\nHowever, he noted that it is quite interesting to see average selling prices of super-prime villas launched during 2015 rising as high as US$ 7 million to US$ 10 million per unit \u2013 in contrast to earlier launched units which were sold at between US$ 3 million to US$ 5 million each. These new super-prime villas offer sea views, with up to 8-bedrooms. Each occupies land that is 2 rai or larger. These villas are also managed by international hotel chains.\n\n\nNattha added that Phuket is running short of beachfront and sea view land for future development of villas. Developers should take into account prime locations and unique selling points of their new projects, he concluded.\n\n"} {"url": "https://www.dotproperty.com.my/blog/phukets-newest-project-launch-allows-investors-discover-islands-hidden-gem-radisson-phuket-mai-khao-beach", "title": "Phuket\u2019s newest project launch allows investors to discover the island\u2019s hidden gem", "body": "\n\nFrom left to right: Dr. William Lau, Director of Thai-Chinese Property Holdings; Marciano Birjmohun, Managing Director of DMRD Asia; Thomas Darby, Property Manager of Aplan Properties; and Andre de Jong, Vice President, Operations, South East Asia and Pacific, Radisson Hotel Group.\n\n\nMai Khao remains Phuket\u2019s hidden gems. But a new upscale property development to be managed by the world-famous Radisson brand could help introduce area to a global audience. Thai-Chinese Property Holdings and Aplan Properties teamed up to launch Radisson Phuket Mai Khao Beach. Both firms are confident the project will be popular with investors and guests alike.\n\n\nLocated north of Phuket International Airport, Mai Khao is home to five-star hotels and has numerous attractions. Dr. William Lau, Director of Thai-Chinese Property Holdings, noted that the long beach and green surroundings of Mai Khao make it popular among visitors to Phuket even if it is not as well known as Patong or other places on the island.\n\n\n\u201cThere is no need to deal with traffic when travelling to Mai Khao from the airport. Since it only takes 15 minutes to get to Mai Khao, more visitors are now choosing to stay here\u201d Lau stated. \u201cWe are more than confident that our collaboration with professional business alliances, such as Aplan and Radisson Hotel Group, will surely attract Chinese and Southeast Asian investors and visitors\u201d\n\n\nThe strong hotel brand, reputable developer and freehold ownership all make the Radisson Phuket Mai Khao Beach an attractive investment. Additionally, the ownership scheme provides investors with a guaranteed yield of six percent during the first three years with a revenue sharing model to be introduced after that. This is predicted to provide a five percent net yield annually.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWork on Radisson Phuket Mai Khao Beach will start in 2020\n\n\n\u201cThis project can be seen as a trophy asset thanks to the brand and the fact it is one of only a few beachfront developments being launched in Phuket at the moment,\u201d Marciano Birjmohun, Managing Director of DMRD Asia, said. \u201cAnd, of course, being a buy-to-let investment helps. There continues to be global demand for Thai real estate, but many people want a property that is managed for them. They don\u2019t want to have to take care of it. These buy-to-let opportunities are rare in Thailand, so this is something investors respond positively to.\u201d\n\n\nBirjmohun added, \u201cProject sales for Radisson Phuket Mai Khao Beach will launch in Hong Kong and Macau before moving to India and China. Radisson is a very well-known brand in both China and India which helps overcome some of the challenges facing those markets such as the strong baht. Thai investors are also one of our potential markets as they will be familiar with the brand and location.\u201d\n\n\nConstruction on Radisson Phuket Mai Khao Beach will start during the first quarter of next year with the THB1.6 billion development expected to open in the first quarter of 2023.\n\n"} {"url": "https://www.dotproperty.com.my/blog/piazza-grand-citygate-davao-grand-land-inc-nabs-pair-awards", "title": "The Piazza at The Grand Citygate Davao from Grand Land Inc. nabs a pair of awards", "body": "\n\nThe Piazza at The Grand Citygate Davao from Grand Land won two awards this year\n\n\n\n\nBest Mid Range Condo Development\n\n\nBest Investment Property Davao\n\n\n\n\nDavao is one of the Philippines most exciting real estate markets. The area is full of potential and has grown impressively over the past decade. But it still lacks the quality developments that can be found elsewhere in the Philippines. The Piazza at The Grand Citygate Davao is changing that, however.\n\n\nLaunched by decorated homebuilder Grand Land, this condo development is bringing a level of excellence and innovation not seen anywhere else in the region. It all starts with the concept behind The Piazza at The Grand Citygate Davao.\n\n\nGrand Land selected a prime location next to Gaisano Grand Mall and then carefully crafted a residential development that would ensure residents could recharge their batteries at the end of each day. That means everything one could need is close by, but home life feels disconnected from the hustle and bustle.\n\n\nThe Piazza at The Grand Citygate Davao boasts a unique design featuring a massive courtyard space that hosts a wealth of amenities. Meanwhile, units have been created with modern lifestyles in mind. An example of this can be seen with each residence having a balcony, a feature not always found in condominiums.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhile offering residents a lot, Grand Land made sure the project offers outstanding value for money. This is something the developer takes great pride in as it strives to provide buyers with the best without breaking the bank.\n\n\nThe Piazza at The Grand Citygate Davao is an incredible project which was honored at the Dot Property Philippines Awards 2022. It took home both Best Mid Range Condo Development and Best Investment Property Davao. The awards are the latest for Grand Land who has collected numerous honors over the years, \nincluding Best Developer Cebu at the Dot Property Philippines Awards 2021\n.\n\n\nRead More:\n\u00a0\nSMDC and RLC Residences lead an impressive collection of winners at the Dot Property Philippines Awards 2022\n\n"} {"url": "https://www.dotproperty.com.my/blog/plea-for-stamp-duty-to-be-waivered", "title": "Plea for stamp duty to be waivered", "body": "\n\n\n\nExperts call for the loosening of taxes in order to help boast the market.\u00a0\n\n\nEvery year the Real Estate and Housing Developers Association (Rehda) compile a list of all the items they want the government to consider in order to aid the property industry. This year at the top of Rehda\u2019s list is a request for stamp duty on properties to be waived. A plea made assuming that the government is in a position to be able to afford to do this.\n\n\nStamp Duty is due to be increased from 3 to 4 percent for any property priced over MYR 1 million as of 1 January 2018. An amount that pushes up the costs associated to owning property. Developers are wary of this hike that they fear will dampen transaction numbers.\n\n\nAs of 1 April 2015 developers are also subject to Goods and Services Taxes of 6 percent for construction materials and services. Whilst residential properties avoid this tax, the eradication of stamp duty will help make properties more affordable. This will enable more \nfirst time buyers\n to reach the first rung of the property ladder. Subsequently having a knock-on effect to the success of developers.\n\n\nAdditional property taxes include Real Property Gains Tax (RPGT). This tax is applicable to properties that are sold within six years of when it was purchased. A tax to deter investors from flipping properties that contribute to rising property values.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDue to rising property prices the age of children moving out of home has risen compared to previous generations. This is because salaries are not rising at a similar rate as property taxes. Additionally more parents are having to help secure property for their children by providing a deposit for the purchase. Prime Minister Najib Razak is trying to help this with his announcement of eradicating stamp duty for first time buyers should they purchase property under MYR 300,000.\n\n"} {"url": "https://www.dotproperty.com.my/blog/plea-to-help-first-time-buyers", "title": "Plea to help first time buyers", "body": "\n\n\n\nRedha have requested that the government takes action to help first time buyers.\u00a0\n\n\nFirst time buyers are the one demographic who often find it the hardest to reach the first rung of the property ladder. Encouraged to invest in property to \nsafeguard their future\n\u00a0much of the younger population are still determined to own their piece of property with \nMalaysians leading the pack globally\n wanting to fulfill this dream. However first time buyers face challenges to reach this goal. Saving for a deposit and ensuring that they sufficient funds to pay all necessary taxes are reasons for this.\n\n\nHence the Real Estate and Housing Developers\u2019 Association (Rehda) has made a plea to help boast first time buyers chances. Suggesting a combination of factors to the government. These include offering this segment of buyers a lower mortgage interest rate. Plus a longer term for the loan to help ease the repayments.\u00a0This is on top of easing regulations for properties under MYR 500,000.\n\n\nThis according to Redha\u2019s president,\u00a0Datuk Seri Fateh Iskandar Mohamed Mansor, would state these suggestions would assist those first time buyers who have \u201cfinancing issues\u201d. At the same time he said that the MyHome Scheme already in place is a success. Implemented by the federal government it offers a MYR 30,000 incentive for every built affordable home.\u00a0Fateh Iskandar made this comments in a bid to help locals compete with investors from China who are keen to snap up Malaysian property sometimes leaving the domestic market behind.\n\n\nOn top of this he also asked the government to looker closer at existing housing policies. Challenges arise when building property due to varying policies on a state and federal level. This he feels has created a \u201cbottleneck in housing supply\u201d which only goes to hinder first time buyers further. Plus Fateh Iskandar final request was to address where affordable housing is built. Stating that many are situated in unsuitable locations thus they do not appeal to the market. A result of developers being encouraged to build in these areas in order for the development to be profitable. He said that the government should considering using their own land for affordable housing.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/possible-enjoy-5-star-hotel-residential-experience-bangkok-fraction-price", "title": "It\u2019s possible to enjoy a 5-star hotel residential experience in Bangkok for a fraction of the price", "body": "\n\nA unit at Sathorn Heritage Residences, which is part of the Anantara Sathorn Bangkok, costs much less than a unit in other Bangkok hotel-branded residential developments\n\n\nThere is no bigger trend in Thailand real estate at the moment than hotel-branded residences. The reason for this is quite simple. People love having hotel-quality service and amenities at their home. It is a sublime experience that makes life more convenient and enjoyable.\n\n\nBut the proliferation of hotel-branded residences in Thailand is not new. In fact, there were a limited number of developments launched earlier in the decade connected to 5-star hotels in Bangkok. However, this was before the hotel-branded residences boom. Many of these residential projects offer the exact same benefits as newer ones, including being built by the same developer to exacting specifications, but simply lack the branding of their contemporaries.\n\n\nSo, what\u2019s the difference? Apart from having a different name from the hotel they\u2019re connected with, the experience is nearly identical. You\u2019ll get the same home quality and access to resort amenities as you would have at a hotel-branded development. In fact, the only real difference is price.\n\n\nPerhaps the best example of this is the Sathorn Heritage Residences. The high-rise condominium is connected to the luxurious Anantara Sathorn Bangkok with the 5-star hotel and residences seamlessly interwoven. Those living at the Sathorn Heritage Residences have access to the hotel\u2019s outdoor swimming pool, the signature Anantara Spa and outdoor tennis courts in addition to a private, resident\u2019s only gym.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nA look inside a unit at Sathorn Heritage Residences\n\n\nThe best aspect of this is that accessing these outstanding amenities doesn\u2019t require you to switch elevators or traverse an elaborate maze to reach your destination. That\u2019s because the elevator at Sathorn Heritage Residences offers direct access to the hotel facilities.\n\n\nResidents of Sathorn Heritage Residences can actually enter through the hotel lobby or via a private entrance exclusively for those living here. And should you want to indulge in any of Anantara Sathorn Bangkok\u2019s highly-regarded dining options, including the very popular ZOOM Sky Bar & Restaurant that offers panoramic, rooftop views of Bangkok, they are all at your fingertips.\n\n\nWhile the Sathorn Heritage Residences may not share the Anantara name, it is very much a part of the Anantara Sathorn Bangkok. From direct access to the hotel\u2019s amenities to the ambiance of luxury that surrounds the entire property, living here guarantees you can enjoy the 5-star hotel residential experience. Best of all, it\u2019s available for a fraction of the price.\n\n\nUnmatched quality, unbeatable price\n\n\nAs mentioned previous, units in a majority of hotel-branded developments are being offered at premium prices. While the selling price depends on location, size and the hotel-brand associated with the project, you would be looking at paying anywhere from THB20 million to THB50+ million for a unit in one of these developments.\n\n\nOn the other hand, a 66 square metre residence in Sathorn Heritage Residences was recently placed on the market for only THB8.9\u00a0million. The fully-furnished home has been stylishly decorated to match the 5-star style of the development. The sleek furnishings are brand new and look stunning.\n\n\nBrand name electronics can be found throughout the residence\n\n\nWhat\u2019s more, the one-bedroom unit is equipped with name-brand appliances and electronics. From curved televisions in the living and bedroom to a large refrigerator and a Nespresso machine, no expense has been spared in the name of convenience. Speaking of convenience, there is quite a bit found throughout the residence with a large storage space, washing machine and lots of cabinet and shelf space available.\n\n\nThere is also a bathtub in the spacious bathroom adding to that 5-star resort feeling. Finally, there is no better feeling than coming home at the end of the day and stepping out onto one of the two balconies in the residence and enjoying an unobstructed view of Bangkok from the 21\nst\u00a0\nfloor.\n\n\nClick Here To Schedule A Viewing\n\n\nCentral Bangkok at your doorstep\n\n\nThis unit features interiors with 5-star hotel-inspired design\n\n\nSathorn Heritage Residences is set back from Naradhiwat Rajanagarindra Road in Bangkok\u2019s central business district allowing for both privacy and connectivity. At the front of the complex is a commercial and retail space currently being redeveloped. While tenants have yet to be confirmed, it is likely to feature a mix of shops, food and beverage options and a supermarket in as well as offices.\n\n\nOf course, the most important question for many people is transportation. The closest mass transit station is BTS Chong Nonsi, part of the BTS Green Line, and can be reached in ten minutes on foot. The Green Line, which is split into two distinct sections that connect at Siam, stops at several of Bangkok\u2019s most important destinations including Silom, Asoke and Lat Phrao.\n\n\nHowever, an exciting new transportation project was recently announced by the Bangkok city government that would make travelling the city even easier. The proposed MRT Grey Line would run parallel with Naradhiwat Rajanagarindra Road with a station slated for just in front of the Sathorn Heritage Residences. The Grey Line would run from Lumphini Park to Tha Phra on the other side of the Chao Phraya River\n\n\nIt would replace the current Bus Rapid Transit (BRT) system with a monorail structure. Both the Ministry of Transport and Office of Transport and Traffic Policy and Planning already support the plan. While a lot of work is needed, \nofficials have expressed optimism that the Grey Line could be operational as soon as 2023\n.\n\n\nTurning our focus to the local neighbourhood, a unique blend of popular spots can be found nearby. For example, Sarah Jane\u2019s is a short-walk away. The authentic Thai restaurant has been serving guests for more than 30 years and has a reputation for being one of the city\u2019s best-kept culinary secrets. A little beyond that is EmSpace, a diverse shopping centre with several superb eateries and an international supermarket.\n\n\nFinally, Bangkok\u2019s business hub is a short stroll down the street. The offices of several multinational corporations can be found along Sathorn Road which is a little more than a five minute walk from Sathorn Heritage Residences. PwC, Nike, the Bank of China and Nikon are just a few major businesses based in this part of the city.\n\n\nSathorn property market update\n\n\nAccording to Colliers International Thailand, there were 8,002 condominium units launched along Sathorn Road from 2003 to 2018. Of this total, the consultancy notes that nearly 95 percent were successfully sold. At the moment, the average condominium price on Sathorn Road is THB250,000 per square metre.\n\n\nThis is the going rate at many newer luxury condominium developments around Sathorn. Meanwhile, the one-bedroom residence available in Sathorn Heritage Residences is THB8.9 million, or roughly \nTHB134,848 per square metre\n, and is just a five-minute walk away. That alone makes this residence a great value.\n\n\nThe modern kitchen is great for cooking while Sathorn is home to several great eateries\n\n\nWe haven\u2019t even factored in the hotel-branded residence premium you would pay on top of the price of a luxury condominium unit. A great example of this can be seen when you compare the home in Sathorn Heritage Residences with a similar-sized unit in the Banyan Tree Residences Riverside Bangkok. Now the location is different, but the Anantara and Banyan Tree brands are similar in terms of stature with both properties providing similar amenities. The main difference is that the latter has a few premium services, such as housekeeping, that residents can use for an additional fee.\n\n\nYet a one-bedroom unit in the Banyan Tree Residences Riverside Bangkok is going for THB22.9 million and the one-bedroom residence in Sathorn Heritage Residences is available for THB8.9 million. The 5-star amenities, the quality of furnishings and electronics and access to areas such as the spa are all the same. And it could be argued that the location of Sathorn is far more stable since there will always be a demand for property in and around Bangkok\u2019s business district.\n\n\nNexus Property Marketing found that condominium prices in the Sathorn area increased by 37 percent between 2014 and 2018. Looking ahead, the construction of the Grey Line will boost property values in this part of Bangkok while demand for condominium units here remains relatively strong.\n\n\nA Bangkok home like no other\n\n\nThis beautiful unit in a Bangkok resort is asking for less than half the price of nearby luxury units\n\n\nThis stunning Bangkok home at Sathorn Heritage Residences is perfect for those in search of an exclusive, 5-star hotel residential experience for a more reasonable price. While you don\u2019t get the name brand attached to your building, you receive just about everything else. The smartly decorated and fitted home features a range of conveniences ensuring you can enjoy the luxury lifestyle without the guilt of paying a premium for the name.\n\n\nAnd when you factor in the outstanding location that puts you a short-walk away from the central business district, savvy buyers will need to act quickly to secure this residence. Booking a viewing this month is strongly advised in order to see this special property in person.\n\n\nClick Here To Schedule A Viewing\n\n"} {"url": "https://www.dotproperty.com.my/blog/precious-gem-phuket-property-lapista-luxury-villas", "title": "The precious gem of Phuket property", "body": "\n\nThe following article is featured on the cover of Dot Property Magazine. \nClick here to read it\n in full.\n\n\nLapista Luxury Villas are extraordinary. The exclusive collection of residences is located in the Northeast of Phuket where unspoilt nature and ample opportunities for recreation can be found. Of course, you may never want to leave your thoughtfully-designed villa with its unmatched comfort and unpretentious luxury.\n\n\nInspired by Lapis, the precious blue gemstone, Lapista Luxury Villas are a vibrant, luxurious assortment of pool villa communities crafted specifically for discerning buyers. At the Dot Property Thailand Awards 2019, \nthe residences won Best Architectural Villa Design Phuket\n, another impressive honour for the renowned Oracle Architects.\n\n\nThe design firm was committed to creating something truly special and Lapista Luxury Villas have been designed with utmost care for the finer details. \nThe multi-bedroom villas each have a 30-square metre swimming area that connects effortlessly to the living spaces\n. There you will find magnificent high, open-air ceilings that embrace the tropical feel of Phuket. All of this is paired with contemporary furnishings that accentuate the beautiful architectural design.\n\n\nLapista Luxury Villas won Best Architectural Villa Design Phuket\n\n\nIn addition to this, Oracle Architects maximise the natural surroundings through its architectural design. An example of this can be found at the Lapista Lake project where the residences have been uniquely created in harmony with the peaceful lakeview topography.\n\n\nThe Oracle Architects designed Lapista Luxury Villas winning Best Architectural Villa Design Phuket is simply another honour for the firm that has won various international awards for hospitality properties since 2007. These days, the design studio is recognized for its a premium international standard architect practices and has a portfolio of well-known projects in Phuket.\n\n\nGo inside Lapista Luxury Villas\n\n\nA look inside Lapista Luxury Villas\n\n\nAt the moment, there are three projects under the Lapista Luxury Villas brand with each one located within the peaceful and beautiful tropical environment of Pa-Klok in the Thalang district of Phuket. The award-winning architectural villa design of Oracle Architects is evident throughout the entire collection with every single residence providing luxury that is stylish yet functional.\n\n\nLapista Lake @Tha Maprao\n\n\nFeaturing \n26 pool villas\n situated as part of an integrated resort, the standout feature of Lapista Lake @Tha Maprao is the immersive landscape concepts that feature a waterfall and lake at the heart of the project. There is also a fully-equipped clubhouse along with a professionally managed, world class \u201cBody Mind & Soul\u201d wellness centre.\n\n\nBuyers of a villa at Lapista Lake @Tha Maprao will receive a guaranteed return on investment of 8 percent for 10 years.\n\n\nLapista Pool Access Resort @Tha Maprao\n\n\nLocated next to Lapista Lake is Lapista Pool Access Resort @Tha Maprao. The resort boasts 44 two-bedroom, two-storey townhouse style units. At the centre of the project is a large swimming pool with all residences surrounding it. This provides those staying here with access to the common pool from their own sundeck terrace.\n\n\nLapista Pool Access Resort @Tha Maprao has its own reception and concierge area along with a fully-equipped fitness centre and a conference room with seating for up to 100 people. The property also features an all-day dining restaurant and an impressive pool bar with an overlook offering guests some stunning views.\n\n\nBuyers are given two options when purchasing a villa at Lapista Pool Access Resort @Tha Maprao. They can choose from either a guaranteed return of 8 percent for 10 years for full ownership or fractional ownership at a reduced price with the ability to spend 30 days at the 5-star resort annually.\n\n\nLapista Pool Villas @Pa-klok\n\n\nThe ultra-exclusive Lapista Pool Villas @Pa-klok is a small estate project with only seven pool villas. The development is located in a quiet neighbourhood that is a short drive from the Heroines Monument landmark. It is also in close proximity to British International School, Boat Lagoon, Royal Phuket Marina, international hospitals, supermarkets and shopping malls.\n\n\nLapista Pool Villas @Pa-klok is suitable for buyers looking for their own residence in Phuket or for those in search of a flexible rental program.\n\n\nThe team behind Lapista Luxury Villas\n\n\nAn award winning team backs Lapista Luxury Villas\n\n\nLapista Luxury Villas are ideal for both Thai and international property seekers who enjoy a harmonious experience where quality triumphs over quantity. A place where design can be expressed to the fullest, guaranteeing a one-of-a-kind experience not found elsewhere in Phuket.\n\n\nAnd while the award-winning architectural villa design of Oracle Architects is important, the management team behind Lapista has a rare blend of experience that allows it to create projects with the investors also in mind.\n\n\nPresident Suttirat Shibahashi, Ann, built and operated the popular Samui Peninsula, a 5-star resort on Koh Samui, Quality Suites Hotel and a high-end anti-aging clinic in Bangkok. She divested from those projects in order to pursue her vision, which is to develop Lapista into a truly world-class wellness pool villa resort.\n\n\nLapista CEO Damrongsak Kiewpeng has significant experience in the fields of finance, construction, sales and property management having overseen them all for the Pool Villa 18 project in Samui and Beachfront Bliss Condominium in Phuket. Khun Damrongsak was presented with the prestigious Asia Pacific Entrepreneurship Award in 2018.\n\n\nThe trio of leaders brings a deep understanding of the different aspects required to launch, build and operate a popular resort in Thailand. From property development to hospitality management, the team behind Lapista knows what it takes for a project to be successful over the long term.\n\n\nThis provides real estate investors with greater peace of mind knowing they aren\u2019t simply buying a well-designed villa in a resort development. They are investing with a team that has the knowledge required to make that development one of Phuket\u2019s best.\n\n\nPhuket\u2019s only world-class Wellness Centre \n\n\nWith health and wellness services being so important to more and more people, Lapista Luxury Villas wanted to make sure it was easily accessible to its residents and guests. It also wanted to go beyond the traditional spa setup to include a full range of options.\n\n\nThat is why the newly launched Wellness Centre at Lapista Lake provides a normal assortment of blissful spa treatments as well as holistic medical care services that include preventive methods rather than corrective ones. As the first and only world-class wellness centre in Phuket, Lapista Lake will become a global destination.\n\n\nHolistic medical services at the Lapista Lake Wellness Centre focus on areas that allow for retreating, re-energizing, revitalizing and refreshing of the body, mind and soul. Services include:\n\n\n\n\nFully Heath Check up\n\n\nTotal Detoxification\n\n\nImmune Booster\n\n\nNutrition\n\n\nMeditation\n\n\nAcupuncture\n\n\nCell Therapy\n\n\nAesthetic\n\n\nGene Test\n\n\n\n\nThe developer believes these services will add value to those on holiday and help provide a total rejuvenation that extends to well after you have left Lapista Luxury Villas. A professional team of world-famous experts and doctors will call upon the latest technologies and know how in anti-aging pathology, cell renewing and genetic care to provide an unmatched experience.\n\n\nA precious investment\n\n\nInvestors can join a generous rental return programme\n\n\nThe location of Lapista Luxury Villas in the Northeast of Phuket provides those who stay here with easy access to leading marinas, local boat piers and a lifestyle not found elsewhere. This makes a pool villa here ideal for investors and vacationers who enjoy island hopping, sailing, fishing, scuba diving, golfing and other outdoor activities.\n\n\nAnd with Phuket International Airport only a 15-minute drive away, it means less time in traffic and more time exploring the best the island has to provide.\n\n\nLocation is only half of the story because the villas are a destination in their own right. The award-winning design from Oracle Architects creates an ambiance and charm unlike anything else currently available in Phuket. The beauty of all the projects under the Lapista brand are a sight to behold, just like the precious lapis gemstone they\u2019re named after.\n\n\nResidences in Lapista Luxury Villas are limited\n\n\nLapista Luxury Villas\n\n\nwww.lapistavilla.com\n\n\nEmail:\n \n[email\u00a0protected]\n\n\nPhone:\n +66 (0) 98 010 4563\n\n"} {"url": "https://www.dotproperty.com.my/blog/prepare-virtual-property-viewing", "title": "This is how you prepare for a virtual property viewing", "body": "\n\nIf you prepare for a virtual property viewing, the experience is usually better\n\n\nMany people are wondering just how they should prepare for a virtual property viewing. The experience is completely new for many of us and there will undoubtedly be some challenges that come along with it. That being said, as long as you are prepared, a virtual property viewing can be just as helpful as the real thing.\n\n\nPreparation is perhaps the biggest difference between a traditional viewing and one conducted via the internet. If you aren\u2019t ready for the digital event, the experience suffers. However, it can be good if you\u2019ve prepped ahead of time. Here are a few tips as to how you can successfully prepare for a virtual property viewing.\n\n\nDo these 3 things to prepare for a virtual property viewing\n\n\n1) Test your system\n\n\nMost bad virtual property viewing experiences stem from bad internet connections, poor picture quality and an inability to hear one another. Of course, there is nothing you can do if these problems are from the agent, but you can make sure it\u2019s all systems go on your end.\n\n\nShortly before the meeting, check to see if your microphone and camera are working properly. Skype has a testing center you can call while Mac users can do this in Facetime. You can also find plenty of voice/video testing apps online. You may also want to test your internet speed to ensure everything is good to go.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n2) Study photos/3D tours\u00a0before the appointment\n\n\nSince you won\u2019t have the ability to explore the property in person, make sure you know everything you want to see before the virtual property viewing begins. Take note of any places you specifically want to be shown as well as any spots that may not be visible in the photos.\n\n\n3) Don\u2019t be afraid to ask the agent to go back\n\n\nAs you prepare for a virtual property viewing, make sure you understand that you can go back. If there is something you didn\u2019t see clearly, ask to be shown it again. If you asked a question, but didn\u2019t hear the answer clearly, ask the agent to repeat themselves. The technology used is good, but not perfect. Before you start the viewing, understand that it\u2019s okay to ask the agent to go back.\n\n"} {"url": "https://www.dotproperty.com.my/blog/prime-global-rents-down-1-1", "title": "Prime global rents down 1.1%", "body": "\n\n\n\nPrices of prime global rentals around the world fell by 1.1 percent during 2015 according to new research.\n\n\nKnight Frank\u2019s Prime Global Rental Index\n, which reported the decline, noted how equity market volatility and economic fragility in emerging markets were driving rents lower.\n\n\nTaimur Khan, Senior Research Analyst, said: \u201cWeak equity markets and record low commodity prices contributed to the Index\u2019s weaker performance in 2015.\u201d\n\n\nChina\u2019s Guangzhou remained the strongest- performing city, recording annual rental growth of 5.3 percent in 2015. This was despite market conditions being favourable for buyers with record low interest rates and a relaxation of financing for second homes and foreign buyer restrictions in China last year.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nGeneva in Switzerland displaced Moscow as the weakest performing market during 2015, with rents falling by 7.1 percent annually, the downward pressure on rents being caused in part by strong supply.\n\n\nSome of the world\u2019s top financial centres have shown divergence in terms of the performance of prime rents. Rents fell in Hong Kong (0.8 percent) and Singapore (3.8 percent), whereas Tokyo, New York and London recorded a rise in prime rents year-on-year of 3.3 percent, 2.4 percent and 0.7 percent respectively.\n\n\nLast year saw large regional variations in terms of rental performance around the world. North American cities recorded the strongest rise in prime rents, up 2.8 percent on average whilst Europe saw the largest decline, with average prime rents decreasing by 3.5 percent.\n\n\nSince its post financial crisis low in Q2 2009 the Index has increased by 19 percent. From Q1 2007 to Q3 2008, prior to the financial crisis, the Index averaged increases of 9.1 percent per annum however, post Q2 2009 the average annual change has diminished to 2.5 percent.\n\n\nOn the upside, 2015 saw a partial resolution to the to the \u2018Grexit\u2019 crisis and the Asian equity markets stabilised. In 2016, \u2018Brexit\u2019 looks to be fuelling further uncertainty within Europe, with business activity hitting a 13-month low, according to the Markit\u2019s European composite Purchasing Managers\u2019 Index. In markets which are already reflecting on negative interest rates, low commodity prices and a slowdown in China, further uncertainty in the world\u2019s key prime rental markets is likely.\n\n\nThe \nKnight Frank Prime Global Rental Index\n is an important resource for investors and developers looking to monitor and compare the performance of prime residential rents across key global cities. Prime property corresponds to the top 5 percent of the housing market in each city. The change in prime residential rents is measured in local currency. The Index is compiled on a quarterly basis using data from Knight Frank\u2019s network of global offices and research teams.\n\n\nMany Southeast Asian cities are not reflected in the chart due to a lack of transparent, accurate and timely data.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/prime-land-prices-up", "title": "Prime land prices up", "body": "\n\n\n\nPrime residential land development prices across Asia-Pacific appreciated by an average of 3 percent during the second half of 2015, according to real estate firm Knight Frank.\n\n\nIts \nPrime Asia Development Land Index\n for H2 2015 released today, showed that prices of residential sites in the region appreciated 3.0 percent in H2 2015, up from the 1.2 percent seen in the previous six months. On the other hand the price growth of office land slowed to 1.5 percent from 3.6 percent.\n\n\nThe \nIndex\n derives the price of prime residential (apartment or condominium) and commercial (office) development land in 13 major cities across Asia.\n\n\nThe second half of 2015 witnessed development land investment volumes in Asia rise by 14.1 percent year-on-year. Cross-border volumes increased by 55.3 percent, driven by intra-Asian investment flows. China bought almost two times more land in the rest of Asia.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhile the average price of a piece of development land has been climbing steadily since mid-2012, the average land size has been shrinking.\n\n\nIn Indonesia, the government\u2019s efforts to tackle tax evasion is discouraging big-ticket purchases.\n\n\nNicholas Holt, Head of Research for Asia-Pacific, said: \u201cThe confluence of easing construction costs and rising residential prices and office rents propelled Phnom Penh\u2019s prime land prices upwards. Although the growth rates in H2 2015 moderated slightly from the previous six months, they nonetheless were among the fastest in the region.\n\n\n\u201cTokyo\u2019s prime residential land index recorded the fastest growth among the cities tracked in H2 2015 \u2013 it is also the only market that outperformed Phnom Penh. With Japan joining the negative interest rate club, there could be more yield compression and price appreciation.\u201d\n\n\nTo \ndownload a copy of the latest Knight Frank research\n click here.\n\n"} {"url": "https://www.dotproperty.com.my/blog/prime-markets-set-to-change", "title": "Prime markets set to change", "body": "\n\n\n\nVancouver occupied the top ranking for the fifth consecutive quarter in the latest \nKnight Frank Prime Global Cities Index\n which focuses on the top tier of mainstream property prices in markets around the world.\n\n\nHowever the real estate firm noted that property price inflation in the Canadian city is expected to slow in light of a new tax for foreign buyers.\n\n\nIn Asia, Singapore lead the way \u2013 ranked in ninth position globally with a 7.9 percent year-on-year rise in prime residential property prices \u2013 a surprise to some perhaps? The three-month change in property prices at the top end of the market was a more modest 0.2 percent.\n\n\nKuala Lumpur was ranked in 32nd place of the 37 cities monitored by the firm. It recorded a year-on-year decline in prime residential property prices in the year ending June 2016, while the quarter-on-quarter decline stood at 0.7 percent, perhaps indicating a turnaround at the top of the residential property sector in the Malaysian capital.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWith the inclusion of Toronto and San Francisco, the Prime Global Cities Index has expanded this quarter and now tracks prime residential prices across 37 cities worldwide.\n\nVancouver leads the rankings for the fifth consecutive quarter. Prime prices have increased by 36 percent in the year to June but July saw the surprise announcement that the British Colombia Government plans to introduce a new 15 percent tax for foreign buyers, reported earlier this month by Dot Property Group, effective from 2 August 2016.\n\n\nVancouver has joined an expanding club of cities (including Hong Kong, Singapore, Sydney, and Melbourne) where policymakers are taking steps to control the flow of foreign capital into their housing markets in order to stem demand and improve affordability for local residents.\n\n\nOther top performers this quarter include Shanghai, Cape Town, Toronto, Melbourne and Sydney; all saw annual price growth reach double figures in the year to June.\n\n\nThe majority of Knight Frank\u2019s top ten ranking cities have been on the receiving end of new cooling measures in the last 12 months. From interest rate hikes to fees for foreign buyers, higher land taxes, or new rules on the number of second homes that can be acquired, lowering price inflation is high up government agendas which suggest that a year from now the cities populating the top ten rankings could look very different.\n\n\nWeakest performer\n\n\nHong Kong has eclipsed Taipei this quarter to take the title of weakest-performing residential market. Prime prices slipped 8 percent in the year to June as supply increased and concerns over the slowdown in the local economy persisted.\n\n\nIn London, prime prices were already softening prior to the European Union referendum in June as the city absorbed the fifth change to stamp duty rates in as many years.\n\nAnnual price growth has slowed from 8.3 percent to -0.6 percent over the five year period. Although uncertainty persists some clarity over the country\u2019s leadership and the Bank of England\u2019s decision to leave the base rate unchanged this month has delivered a hint of confidence in the U.K. economy.\n\n\nAnalysis by world region shows Australasia leads with prices rising by 11 percent on average followed by North America (10 percent).\n\n\nKnight Frank noted that the global economy is still in a precarious state, lacking any real engine of growth. Low oil prices, deflationary concerns in the Eurozone, uncertainty surrounding the impact of the U.K.\u2019s Brexit decision and weaker-than-forecast U.S. GDP figures represent just some of the challenges on the global economic landscape.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/prime-prices-rises-slowing", "title": "Prime price declines slowing", "body": "\n\n\n\nPrime property prices in Kuala Lumpur\u00a0dropped by\u00a00.9 percent during the 12-month period ending December 2015, but the prices in the city remained static in the fourth quarter, perhaps indicating the top tier of the prime residential market has reached its peak in terms of prices.\n\n\nAlthough five cities recorded double-digit annual price growth in 2015 according to real estate firm Knight Frank in its latest look at the sector, it said the overall narrative is one of converging market performance.\n\n\nKate Everett-Allen from Knight Frank examined the latest data.\n\n\nVancouver leads the rankings for the third consecutive quarter. Luxury residential\u00a0prices increased by 24.5 percent during 2015. Tight supply, strong demand \u2013 boosted by a weaker Canadian dollar \u2013 and the absence to date of any market intervention explained the acceleration in prices.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSydney shared similar market fundamentals as Vancouver, with prices up 14.8 percent year-on-year. However, with the economy slowing and the introduction of fees for foreign buyers the rate of price growth is expected to cool in 2016.\n\n\nAsia\u2019s strong performers have switched places. Three years ago Jakarta, Guangzhou and Hong Kong dominated the top price rankings but Shanghai, Bangkok (pictured) and Seoul now lead\u00a0their Asian neighbours.\n\n\nDespite some strong performances, the overall picture is one of converging market performance. Two years ago the gap between the strongest and weakest-performing market stood at 43 percentage points; now this figure is closer to 29 percentage points.\n\n\nThe world\u2019s top cities \u2013 the definitive safe havens following the global financial crisis \u2013 are seeing prime price growth cool. Prime central London\u2019s marginal increase\u00a0of 1 percent during 2015 underlines the extent to which buyers have been absorbing the stamp duty tax changes announced in 2014.\n\n\nIn New York, although the strength of the U.S. dollar, coupled with an increase in luxury supply, has limited price growth to some extent Knight Frank does not expect the new federal regulations for cash buyers to have a significant impact.\n\n\nThe key risks on the horizon for luxury residential markets, as highlighted in Knight Frank\u2019s\u00a0Prime Cities Forecast report, include further rate rises by the Federal Reserve and heightened geopolitical tension.\n\n\nAdd to this the recent stock market volatility, jitters over the economic news emanating from China, the slump in oil prices and the fragility of emerging markets and the risks look to be mounting.\n\n\nIt is unclear at this stage, given the removal of stimulus in some markets (as well as policy changes, new taxes and fees in others) whether a global economic slowdown would once again prompt strong capital flows into luxury property in the same way it did post-2008.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/prime-residential-time-to-buy-now", "title": "Prime residential: time to buy now?", "body": "\n\n\n\nWith prices some 20 percent below their 2011 peak, one real estate firm has suggested that now could be a good time to invest in prime residential property in Singapore.\n\n\nSingapore prime residential prices have been falling since 2012 according to JLL who estimated the average luxury prime residential price of S$ 1,991 per sq ft in 4Q 15 \u2013 about 20 percent below the peak during 2011. Amongst all the asset classes in Singapore, prime residential property prices have corrected the most in the last four years. Office, retail and industrial prices have corrected by just 4-6 percent while suburban residential prices have declined by 12 percent, the agency said in its\n latest research report\n.\n\n\nSingapore, it said, ranks amongst the top global cities alongside London, New York, Paris, Tokyo and Hong Kong. \nForbes magazine\n also named Singapore as the 4th most visited city globally, while Mercer ranked Singapore as the top city in Asia for quality of living and the 4th most expensive city in the world for expatriates.\n\n\nYet, JLL said that prime residential prices in Singapore are significantly more affordable than these global cities, especially as Singapore prices have fallen sharply while other cities\u2019 prices have continued to climb during the last four years.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPrime home prices in Hong Kong are now 165 percent higher than Singapore. Prime home prices in New York and London were 10-30 percent higher than Singapore in 2010, but these are now 80-90 percent higher because prices in New York and London rose by between 20-25 percent in the last five years while those in Singapore fell by 20 percent.\n\n\nJLL reported: \u201cWe believe this policy backdrop is ideal for investments as a positive \u201ccatch-22\u201d situation exists to limit price declines. Should economic conditions deteriorate, the Singapore government could remove some cooling measures to mitigate price corrections. Yet, prices could gradually rise to catch up with global and regional peers.\u201d\n\n\n\n\n\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/primeworld-pointe-ticks-boxes-cebu-real-estate-investors-2", "title": "Primeworld Pointe ticks all the boxes for Cebu real estate investors", "body": "\n\n\n\nBest Investment Property Cebu \u2013 Primeworld Pointe \n\n\n\n\nBoth real estate investors and end users have certain expectations. Namely, each group wants whatever they purchase to be a good long-term investment. Location and quality are obviously important parts of that equation. But so too is buying from a developer who understands how to build an investment property.\n\n\nPrimeworld Land Holdings is one such developer. They don\u2019t simply launch projects for today. The firm is committed to building residences that stand the test of time. This ensures capital appreciation as well as the potential for strong rental returns.\n\n\nPrimeworld Pointe is a great example of Primeworld Land Holdings approach to developing an investment property. Located in Cebu, the developer carefully chose a high-potential location that is close to both Cebu I.T. Park and Ayala Center Cebu Tower.\n\n\nPrimeworld Pointe was named Best Investment Property Cebu at the Dot Property Philippines Awards 2022\n\n\nIn terms of units, the condominium boasts one-, two- and three-bedroom residences that have been crafted to meet the needs of modern residents. Owners can choose between views of the mountains or city from their home while many units feature a balcony.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe 22-storey tower is also equipped with a massive array of amenities, including a bespoke swimming pool and designer lobby, along with ample car parking. These small details add significant value to a project\u2013a fact not lost on investors.\n\n\nMore recently, Primeworld Pointe was named Best Investment Property Cebu at the Dot Property Philippines Awards 2022. Regardless of if you\u2019re wanting to expand your real estate portfolio or are searching for a Cebu residence that will grow in value, this is a project worth considering.\n\n\nRead More:\n\u00a0\nSMDC and RLC Residences lead an impressive collection of winners at the Dot Property Philippines Awards 2022\n\n"} {"url": "https://www.dotproperty.com.my/blog/projects-best-designs-thailand-year", "title": "Here are the projects with the best designs in Thailand this year", "body": "\n\nArom Jomtien accepts the award for Best Residential Lifestyle Design Eastern Seaboard\n\n\nDesign is a vital aspect of real estate development. Work in this area was celebrated at the Dot Property Thailand Awards 2022 with the country\u2019s best designs honored. Projects from across the Kingdom were recognized for their efforts in this field.\n\n\nWithout further ado, let\u2019s check out the design winners from the Dot Property Thailand Awards 2022.\n\n\nBest Condominium Architectural Design Phuket\n\n\n\n\nThe One Naiharn from The One Phuket\n\n\n\n\nThe One Naiharn boasts a unique architectural design concept with sweeping curves and long lines that create an elegant and luxurious condominium. In addition to the gorgeous appearance, the architecture serves a functional purpose because it allows for both added comfort and privacy. Everything opens up to the project\u2019s heart where you\u2019ll find the lobby and other amenities.\n\n\nBest Residential Lifestyle Design Eastern Seaboard\n\n\n\n\nArom Jomtien from Colours Development\n\n\n\n\nColours Development had a tall task in following up their design work at the amazing Arom Wongamat. But they delivered in spades with the stunning Arom Jomtien. Special attention was paid to the lifestyle aspects of the condominium with units crafted in a way that enhances livability through beauty and functionality.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBest Condominium Architectural Design Chiang Mai\n\n\n\n\nLe Chamonix Chiang Mai from Luxury Chiang Mai Land\n\n\n\n\nThe architectural design at Le Chamonix Chiang Mai is inspired by the natural landscape of its surrounding area. A notable goal of the developer was to build a space that allows people to experience a more relaxed lifestyle while enjoying lush green surroundings.\n\n\nBest Affordable Condominium Interior Design Eastern Seaboard\n\n\n\n\nThe Ivy Jomtien Beach from Daniel Binks Development\n\n\n\n\nThe Ivy Jomtien Beach is the first condominium in Pattaya featuring a duplex design. This provides a unique living experience that can\u2019t be found anywhere else in the city. The duplex units maximize functionality and offer residents a generous amount of space. This was done while maintaining an affordable price point.\n\n\nRead more about all the Dot Property Thailand Awards 2022 winners here\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/property-investors-asia-leaving-london-manchester", "title": "Why are property investors in Asia, leaving London for Manchester?", "body": "\n\n\n\nAs agents and developers report a surge in interest from the Far East for real estate in the UK\u2019s north-west, what\u2019s prompting many to ditch the capital in favour of property in Manchester?\n\n\nFor years, investing in UK property meant investing in London.\n\n\nIn many respects, it made perfect sense. London after all is the capital of the UK, the country\u2019s financial and economic heartbeat. Home to the most luxurious homes in the most prestigious addresses and, crucially, a place renowned for delivering exceptional long-term capital gains for investors.\n\n\nBut things have changed, with a city 163 miles to the north fast becoming Britain\u2019s number 1 hotspot for property investment, particularly among buyers in Asia.\n\nSo what\u2019s prompted the change?\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nLondon has reached an affordability ceiling for many investors\n\nFigures published in October showed that just under \u00a320 billion (S$34 billion) was spent on property in London in the 12 months to June 2016, representing a 36% fall over the year previous.\n\n\nQuite simply, London has been a victim of its own success. Savills estimates that property prices in the capital have appreciated by as much as 70% since 2008 following the global economic crisis. However, that rate of growth has eased considerably in recent years, with data released by property market analysts Hometrack in October revealing house price growth in the capital is currently at its lowest level for 20 months.\n\n\nWhile those investors that bought during the economic downturn will be huge advocates for investing in London, the reality is that it has simply become unaffordable for those investors looking to enter the market now.\n\n\nWith the average London property price rising above \u00a3600,000 (S$1 million) earlier this year, combined with the reforms to the non-domiciled tax status for foreign investors and increased rates of stamp duty introduced by the government, it makes it harder for London to stack up from an investment perspective.\n\n\nWhat\u2019s more, recent volatility in financial markets around the world has underlined the importance of having assets in portfolios that generate regular returns through yields, too.\n\n\nAnd it\u2019s Manchester that currently ticks these boxes for the global investor community.\n\n\nManchester \u2013 home of the UK\u2019s highest yields and one of the most undersupplied property markets\n\nWith average property prices in the north-west city around \u00a3166,000 (S$282,800), Manchester immediately appeals to investors looking to get the best yields, or for those looking to acquire multiple assets.\n\n\nBut what\u2019s setting Manchester apart is its ability to generate a regular income. HSBC ranks Manchester as the number one city in the UK for property investment yields, with average returns 55% higher than those in London.\n\n\nKey to this performance has been the huge supply to demand imbalance for rental property in the city. Manchester\u2019s population is growing at three times the national average, while it\u2019s also home to 60% more 25 to 29-year-olds than the UK average a demographic that\u2019s helping to drive a shift away from ownership towards renting.\n\n\nYet Manchester has one of the most undersupplied property markets in the country. While city targets outline a need for 4,000 new rental units each year just to keep up with demand, only 1,417 units are currently set for delivery annually over the next eight years.\n\n\nAnd with Manchester forming a central part of the government\u2019s Northern Powerhouse plans, which prompted a state visit from Chinese Prime Minister Xi Jinping in 2015, the long-term growth prospects for Manchester\u2019s property market are equally lucrative for investors as the returns available in the short and mid-term.\n\n\nAffinity Living Riverview is the latest development from leading UK developer Select Property Group. Located in the heart of Manchester, close to key work and transport hubs, Affinity Living Riverview offers fully managed rental properties and assured yields in one of the tallest buildings on the city\u2019s skyline. Click \nhere\n for more information.\n\n"} {"url": "https://www.dotproperty.com.my/blog/property-landlords-get-guestready", "title": "Property landlords get GuestReady", "body": "\n\n\n\nProperty landlords in Kuala Lumpur have a new service at their disposal today.\n\n\nWith the launch of property management platform \nGuestReady\n\u00a0they can arrange laundry, cleaning, check-in and check-out of guests, as well as guest communication and maintaining listings on multiple short-term rental sites.\n\n\nTwo packages are offered: full property management or bespoke services, meaning the host can customise what property managing processes is needed.\n\n\nAdditional features are in the pipeline including a more sophisticated yield management tool and booking tracking ability.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe start-up was founded by Foodpanda\u2018s former Country Managing Director of Taiwan and Philippines, Alexander Limpert; and Zalora Malaysia\u2018s Head of Partnership & Offline Marketing, Wen Dee Tan.\n\n\nIn an press statement, Limpert said: \u201cAs the short-term rental industry is maturing,there is a natural need for more efficiency, professionalism, and standardisation.\n\n\n\u201cEspecially with business travellers, the property and any service related to a stay need to be of immaculate quality.\n\n\n\u201cFor non-professional hosts, this is hard to achieve, which is where we step in.\u201d he concluded.\n\n\nGuestReady\n is backed by Switzerland\u2019s Swiss Founders Fund with an undisclosed sum.\n\n"} {"url": "https://www.dotproperty.com.my/blog/property-management-company", "title": "What does a property management company do?", "body": "\n\n\n\nYou have probably heard about using a property management company, especially if you have invested in a condo unit, but you might not know exactly what they do. Long story short, these firms can manage your property so you don\u2019t have to. But that one sentence doesn\u2019t make a very helpful article.\n\n\nSo with that in mind, let\u2019s dig a little deeper and find out what exactly a property management company does.\n\n\nFind tenants\n\n\nFor investors, the most important thing a property management company does is find people to rent their properties. They usually have experience in this field, so you can trust them to market the unit properly and make sure it doesn\u2019t sit empty for too long.\n\n\nCollect rent\n\n\nOf course, once the property management company has found a tenant, they will also collect rent and handle the deposit for you. For overseas investors wanting to know about returns, you\u2019ll have to speak with the firm directly to see how the process works. A few property management companies can make deposits in overseas bank accounts or via PayPal, but others require a local account.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCarry out maintenance\n\n\nA property management company will perform regular maintenance on your property and ensure it stays in top shape. They will also be on hand to help in case your tenants experience any type of emergency and require immediate maintenance.\n\n\nServe as a local advisor\n\n\nEvery country has unique rules and regulations when it comes to property rentals. Sure, it is possible to study these and try to stay on the right side of the law. Or you could hire a property management company who already understands the local market and knows how to operate in it.\n\n\nHandle bookkeeping\n\n\nA good property management company will handle bookkeeping for you. This includes creating and filing invoices and in some cases paying local taxes. Not all firms offer this service, however.\n\n\nThese are only a few of the things a property management company does. If you are thinking about purchasing an investment property, or already have one and need help, finding the right property management company can make life much easier. But not all property management companies are equal and you\u2019ll need to do your homework to find the one that\u2019s right for you.\n\n"} {"url": "https://www.dotproperty.com.my/blog/property-ownership-remains-important", "title": "Property ownership remains important", "body": "\n\n\n\nMillennials want to be property owners and have secure career paths.\n\n\n\n\n\n\n\u2018Asia Pacific Millennials: Shaping the Future of Real Estate\u2019, a recent report released by real estate firm CBRE has identified trends of millennials that the property world should take note of.\n\n\nNamely millennials in Asia Pacific are keen to own their own home. This is in spite of rising property values, and despite this, they are not willing to compromise on location, quality or even layout. Something that developers should consider for future residential schemes in order to remain competitive in the market.\n\n\nWhen questioned about their current living situation,\u00a063 percent of respondents said that they have been forced to rent whilst waiting to climb on the property ladder. This has increased the numbers in generation rent, the term coined as a response to the increasing number of renters, however, 65 percent have said that they are planning to purchase property in the future.\n\n\nSteve Swerdlow, chief executive officer at CBRE Asia Pacific commented, \u201cThe millennial demographic in Asia Pacific is a game-changer for businesses across the board. Their live, work and play priorities and habits will shape economics, redefine opinions on workplace design and functionality, and drive new attitudes towards consumption and experience for the foreseeable future.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAside from home life, millennials still strive for career stability even though some would argue that this generation appear to have a more carefree approach as a result of them changing roles on a regular basis. But the actual workplace itself is of utmost concern. Millennials are willing to trade in other benefits in order to achieve the perfect working environment and companies are advised to adapt accordingly to attract and maintain talent.\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/property-prices-still-rising", "title": "Property prices still rising", "body": "\n\n\n\nMalaysian property prices continued to rise in the year ending June 2016.\n\n\nAs the highest-ranked Southeast Asian country by price rises in the\n latest global research report from Knight Frank\n, Malaysian property prices rose by 7.2 percent year-on-year, while the difference from Q1 to Q2 was a mere 0.5 percent, possibly indicating a slowing of the upwards trend of Malaysian property prices.\n\n\nKnight Frank reported that steady price growth is the new norm as the outliers have largely disappeared from the index in recent quarters.\n\n\nKate Everett-Allen from Knight Frank analysed the latest index results.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nShe said that over recent quarters Turkey, Sweden and New Zealand have occupied the top positions in our Global House Price Index.\n\n\nKey Asian markets have dominated the lower ranks.\n\n\nThis quarter is no different.\n\n\nThe overall aggregate index has followed a similar narrative, consistently recording 4 percent annual growth, or thereabouts, for the last two years.\n\n\nCloser inspection shows the extremes are moderating. The percentage points separating the strongest and weakest performing housing market have narrowed from 33 points in Q2 2015 to 23 this quarter.\n\n\nFor the western world, a prolonged period of historically low interest rates and timely injections of QE may in part be responsible.\n\n\nOf the top five performing countries, Turkey and Sweden are the only two markets where price growth has slowed compared with last quarter, down from 19 percent to 14 percent and from 13 percent to 9%\\ percent respectively.\n\n\nThe Index tracks nominal price growth but if Knight Frank considers real price growth, where inflation is stripped out, New Zealand finds itself in first place with 11 percent annual growth whilst Turkey \u2013 with inflation in excess of 7 percent \u2013 is pushed down into 13th position.\n\n\nThe latest data suggests the build-up to the Olympic Games was unable to act as a counterbalance to Brazil\u2019s slowing economy and housing market.\n\nAverage prices slipped by 0.7 percent year-on-year whilst Rio saw prices fall by 3.6 percent over the same period.\n\n\nChina\u2019s average house price growth stood at 5.9 percent in the 12 months to June but the gap between the top five performing cities (Beijing, Guangzhou, Sanya, Shanghai and Shenzhen) and China\u2019s remaining cities is widening.\n\n\nThe government has unveiled a series of measures in recent months to either spur on, or curb investment, depending on the level of activity in the different city tiers.\n\nThe Asian markets of Hong Kong, Taiwan and Singapore occupy three of the bottom five rankings this quarter.\n\n\nWeak economic growth, stringent cooling measures and the strong U.S. dollar continued to hamper sales rates.\n\n\nAll eyes in the coming months will be on the U.K. and the U.S.\n\nBoth housing markets have been level pegging in the last year, recording annual growth of 5.2 percent and 5.1 percent respectively.\n\n\nThe outcome of the U.S. presidential election and the negotiations following the U.K.\u2019s Brexit decision will ultimately determine the confidence of owner occupiers and the flow of investor capital across a large part of the world in the short to medium term.\n\n\n\u00a0\n\n\nThe Knight Frank Global House Price Index, established in 2006, allows investors and developers to monitor and compare the performance of mainstream residential markets around the world.\n\n\nThe Index is compiled on a quarterly basis using official government statistics or central bank data where available.\n\n\nThe index\u2019s overall performance is weighted by GDP on a Purchasing Power Parity basis and the latest quarter\u2019s data is provisional pending the release of all the countries\u2019 results.\n\n"} {"url": "https://www.dotproperty.com.my/blog/property-purchased-via-a-smartphone", "title": "Property purchased via a smartphone", "body": "\n\n\n\nWill more properties be purchased through a smartphone viewing?\u00a0\n\n\nThe Internet has become a heavily relied upon tool. Today we are all attached to our smartphones for a host of reasons. From keeping in contact with our friends, receiving the latest news to shopping recent trends. All industries have benefitted from the advances in technology, and the property world is no different.\n\n\nAs proved by an investor in Hong Kong who bought a property in Sydney, Australia via the iPhone feature FaceTime. Rather than viewing the property in person, the purchaser was walked through the property by the agent on their phone. Taking 40 minutes, the investor then made an offer of AUS 3.65 million the following day despite being 7,000 kilometres away.\n\n\nBuying a \nproperty off-plan\n\u00a0is a very standard process in Asia and many properties are bought this way. Viewing a property through a smartphone could be considered to be similar. Marketing platforms such as \nDot Property\n\u00a0have made it even easier for overseas purchases. Used as a\u00a0vital research and marketing tool to enable purchasers to look at properties worldwide at their finger tips.\n\n\nThis Sydney transaction indicates that we could be able to enter a new era in house purchasing. More purchases may happen in this manner as an increasing number of Hong Kong residents are looking to park their money overseas due to \nspiralling property prices at home\n. This is supplemented with a depreciating Yuan and restrictions of the movement of money out of Mainland China. Subsequently more international transactions are anticipated and are likely to occur in this manner.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nReal estate agency Knight Frank state that Chinese investors and developers spent an impressive USD 1.7 billion in Australia in the first half of 2016. The use and development of technology will make these spending sprees even easier. It is likely that more properties will be purchased through these means.\n\n"} {"url": "https://www.dotproperty.com.my/blog/property-websites-targeted", "title": "Property websites targeted", "body": "\n\n\n\nReal estate websites have experienced a 300 percent increase in bad bot activity, with large real estate sites experiencing the most pain according to \nresearch from Distil Networks in an annual report\n that identifies statistically significant data on global bot traffic.\n\n\nBad bots are used by competitors, hackers and fraudsters, and are the key culprits behind web scraping, brute force attacks, competitive data mining, online fraud, account hijacking, data theft, unauthorised vulnerability scans, spam, man-in-the-middle attacks, digital ad fraud, and downtime.\n\n\n\u201cWhen we dug into the bot activity in 2015, we identified an influx of Advanced Persistent Bots (APBs),\u201d said Rami Essaid, co-founder and CEO of Distil Networks.\n\n\n\u201cABPs can mimic human behaviour, load JavaScript and external assets, tamper with cookies, perform browser automation, and spoof IP addresses and user agents. The persistency aspect is that they evade detection with tactics like dynamic IP rotation from huge pools of IP addresses, use Tor networks and peer to peer proxies to obfuscate their origins, and distribute attacks over hundreds of thousands of IP addresses.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cA huge 88 percent of 2015 bad bot traffic were APBs. This shows that bot architects have already taken note of traditional bot detection techniques and are finding new sophisticated ways to invade websites and APIs, in an effort to take advantage of critical assets and impact a business\u2019s bottom line.\u201d\n\n\nKey Findings of Bot Traffic\n\n\n\n\nSome 46 percent of all web traffic originates from bots, with over 18 percent from bad bots.\n\n\nFor the first time since 2013, humans outnumbered bots for website traffic.\n\n\nMedium-sized websites (10,001 to 50,000 Alexa ranking) are at a greater risk, as bad bot traffic made up 26 percent of all web traffic for this group.\n\n\nChrome edged out Firefox as the browser of choice for bad bot creators with over 26 percent of all user agents utilising the Google browse.\n\n\n\n\nThe rise of Advanced Persistent Bots (APBs)\n\n\n\n\nSome 88 percent of all bad bot traffic has one or more characteristics of an Advanced Persistent Bot.\n\n\n53 percent of bad bots are now able to load external resources, like JavaScript, meaning these bots will end up falsely attributed as humans in Google analytics and other tools.\n\n\nA total of 39 percent of bad bots are able to mimic human behaviour, so tools such as WAFs, web log analysis, or Firewalls, which perform less detailed analysis of clients and their behaviour, will likely result in huge amounts of false negatives.\n\n\nAt least 36 percent of bad bots disguise themselves using two or more user agents, and the worst APBs change their identities more than 100 times.\n\n\nA total of 73 percent of bad bots rotate or distribute their attacks over multiple IP addresses and of those, a whopping 20 percent surpassed 100 IP addresses.\n\n\n\n\nDigital publishing and real estate industry websites were the most significant bot targets last year. As an industry, digital publishers were hit hardest by bad bots, which make up over 31 percent of all their traffic. For small digital publishers (Alexa 50,001 \u2013 150,000) 56 percent of traffic originates from bad bots Huge increase in bad bot traffic from China, but the United States still has biggest bot problem.\n\n\nThe 2016 Bad Bot Landscape Report is based on aggregate data gathered from Distil Networks\u2019 bot detection and mitigation solution that identifies and tracks bots in real time, the world\u2019s largest Known Violators Database of bad bot fingerprints, as well as Distil\u2019s global network of 17 data centres.\n\n"} {"url": "https://www.dotproperty.com.my/blog/proptech-matter-southeast-asia", "title": "What is proptech and why does it matter in Southeast Asia?", "body": "\n\nFrom accounting to photography, proptech is reshaping real estate in Southeast Asia\n\n\nYou\u2019ve probably heard the word proptech being thrown around recently. And you don\u2019t exactly need to be Sherlock Holmes to figure out it stands for property technology. But that doesn\u2019t exactly tell you what it is, or why it matters for that reason.\n\n\nLet\u2019s start with what proptech is not. It\u2019s not some nebulous thing that will change everything about real estate, despite what people wearing jeans on stage at various conferences passionately claim. Remember a few years back when this same group was shouting about how fintech was going to render currency obsolete?\n\n\nWell, I don\u2019t know about you, but I just had to get cash out of an ATM. This isn\u2019t to say there wasn\u2019t a grain of truth to what was said regarding fintech. It is now far easier to pay using QR codes and various apps and we\u2019ve seen advancements in this sector. However, they were not as grandiose as promised.\n\n\nSimilarly, expectations should be tempered when it comes to proptech. While its impact has already been felt, both globally and in Southeast Asia, it\u2019s not going to change everything you knew about property. It will instead support, streamline and augment the industry.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhat is proptech?\n\n\nIn a 2018 JLL report\n, the consultancy described proptech as, \u201cthe utilisation of technology as a solution to challenges in the real estate sector. Specifically, technology is used to create or renovate services offered in real estate to buy, sell, rent, develop, market and manage property in a more efficient and effective way.\u201d\n\n\nProptech companies can take on many shapes and sizes. For example, Dot Property is a proptech company. In fact, property portals were among the first proptech businesses onto burst on the scene.\n\n\nProptech can also involve ways to improve property management or the living experience. For example, Thai developer Sansiri has invested in this type of proptech developing all types of gadgets for use at residential developments. These include the much talked about Sandee robots that deliver packages to residents.\n\n\nProperty buying and the transaction process have also been targeted by proptech firms looking to bring more transparency and flexibility to this area of the industry. \nBitOfProperty is just one firm working in this space\n. The company wants to improve international real estate investment while tapping into crowdfunding. It has developed a decentralised, blockchain platform to allow for all of this.\n\n\nEven co-working is considered to be proptech despite the fact its almost all property and little tech. In fact, it could be the largest single offshoot of proptech at the moment. Look no further than WeWork to see co-working\u2019s importance. The company is among one of a few proptech unicorns that have a valuation of more than USD1 billion.\n\n\nWhy does proptech matter in Southeast Asia?\n\n\nProptech obviously has a far-reaching impact on the real estate industry as a whole. From changing how we find and buy property and bringing clarity to the transaction process to improving the buildings we live in, proptech could impact just about everyone although the size and scope may vary. But the bulk of these changes will be incremental improvements, not wholesale revolution.\n\n\nIt should be noted that proptech is much more expansive than this. Everything from Virtual Reality to blockchain and cloud platforms are being leveraged in attempts to revamp just about every single aspect of the real estate industry.\n\n\n\u201cAs more and more processes are digitalised, many established industries are finding that the usual way of doing things has been disrupted,\u201d Anthony Course, JLL Asia Pacific CEO, said. \u201cWe believe real estate is next, so it\u2019s vital that advisors, brokers, investors and startups recognise the challenges and opportunities ahead. Data analytics, artificial intelligence, the Internet of Things, virtual reality, blockchain, all of these will change how we invest in and occupy real estate in the future.\u201d\n\n\nThis isn\u2019t the only reason proptech in Southeast Asia matters. The sector is also big business and one that is prime for growth. According to Cento Ventures, a Singapore-based venture capital firm, of the USD14 billion invested in global proptech last year, only USD380 million was committed to Southeast Asia.\n\n\nAnd yet, when you scale out to the Asia Pacific region, these numbers increase significantly. JLL found that 179 proptech startups in the Asia Pacific region have raised nearly USD4.8 billion in funding between 2013 and 2017. However, the bulk of the investment went to China.\n\n\nAs JLL noted, Southeast Asia has begun to catch up with both local firms and international investors getting involved. Several Thai developers started their own venture capital arms with the sole focus being on proptech investment. They have combined to commit an estimated USD 100 million to the sector.\n\n\nThe previously mentioned WeWork is also investing heavily in the region. The co-working giant has set aside USD1.4 billion to help expand its reach in China, Japan and the Asia-Pacific region. This includes recently opened spaces in Thailand and Vietnam.\n\n\nFinally, Proptech matters because it can also find itself pushing the boundaries of local laws. Airbnb continues to be a hot button issue in several Southeast Asian countries because there are no regulations to govern it. In Thailand for example, \nsome government officials claim the service falls under an act covering condo buildings while others believe it should be covered by hotel legislation\n.\n\n\nThere is also the cautionary tale of Roomorama. The Singapore-based platform was similar to Airbnb but expensive regulatory issues dogged the company for years. Those legal challenges, along with a highly competitive market, forced Roomorama to close its doors in 2017.\n\n\nThis could even be the most interesting impact proptech has in Southeast Asia. As new companies and technologies look to push the envelope and blur lines, will governments be able to quickly adapt to these changes? The ultimate success or failure of proptech in Asia will likely be tied to the answer.\n\n"} {"url": "https://www.dotproperty.com.my/blog/pros-cons-buying-ready-occupancy-unit-philippines", "title": "The pros and cons of buying a Ready for Occupancy unit in the Philippines", "body": "\n\nPhoto: Flikr/jopetsy - Makati has a number of Ready for Occupancy units for sale\n\n\nOne thing that makes the Philippine real estate market different from others in Southeast Asia is the proliferation of Ready for Occupancy, known as RFO for short, units. These properties, usually in condo buildings, are exactly what they sound like. Units that are ready for tenants.\n\n\nReady for Occupancy units are popular with both end users and investors in markets such as \nMakati,\n\u00a0\nthe Bay \nArea\n\u00a0and \nQuezon City\n. That\u2019s because these are all key business districts where people want to live. This means end users can move in immediately, usually concurrently with starting a new job. For investors, they get a unit that can be rented out immediately allowing them to earn rental returns sooner.\n\n\nLike all real estate purchases, there are pros and cons to buying a Ready for Occupancy unit in the Philippines. Here are just a few things you should consider.\n\n\nThe benefits of a Ready for Occupancy unit\n\n\n1) No surprises\n\n\nSince the Ready for Occupancy unit is completed, you already know exactly how it will look along with the building it is in. This is different from buying a \npre-selling \nunit\n\u00a0where sometimes the image you are sold is different from what the finished product looks like. Having real photos can also make it easier to rent out for investors.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n2) No extra work\n\n\nWhile this is not always the case, many developers have started selling Ready for Occupancy units that come fully furnished. This means you don\u2019t have to worry about buying furniture and having it delivered. There is also no need to hire an interior design, helping you keep costs down.\n\n\n3) Rent-to-own\n\n\nSome developers offer homebuyers a chance to participate in a rent-to-own scheme where their monthly rent goes towards buying the unit after a set number of years. Also known as a lease contract with an option to buy, these programs can be beneficial to end users who don\u2019t want to shell out a large down payment. It should be noted, if you choose not to buy the property at the end of the rental agreement, your rent is not returned.\n\n\nSee more: \nCommon home loan mistakes you can avoid\n\n\nThe downside of a Ready for Occupancy unit\n\n\n1) More expensive\n\n\nYou will have to pay a premium when buying a Ready for Occupancy unit. That\u2019s because the property has already increased in value since launching. When you buy property during the pre-selling period, you are usually getting it at the lowest possible price. \nAnd with the Philippine property market expected to continue its strong performance\n, waiting to make your buying decision may be costly.\n\n\n2) Limited unit selection\n\n\nWhen developers begin to sell Ready for Occupancy units, they are usually looking to offload the ones no one wanted. These can include units on lower floors or properties with less than stellar views. This isn\u2019t always the case, but don\u2019t expect to get the first choice. Those units are long gone.\n\n\nRegardless of if you\u2019re looking for a Ready for Occupancy unit or a pre-selling one, you can find it on \nDot Property Philippines\n, the country\u2019s largest property website.\n\n"} {"url": "https://www.dotproperty.com.my/blog/pros-cons-buying-thailand-real-estate-right-now", "title": "The pros and cons of buying Thailand real estate right now", "body": "\n\nThe pros and cons of buying Thailand real estate right now are numerous. Understanding these can be helpful in making a confident decision. And that is the most important thing. You\u2019ll find lots of people singing the praises of the country\u2019s property market and just as many offering a grim outlook for the next decade.\n\n\nLike most things, the truth lies somewhere in the middle. Buying Thailand real estate right now is not without risk. As is the case with all investments, that risk can lead to reward. You\u2019ll need to weigh both when looking for properties.\n\n\nWith that in mind, here are some of the pros and cons of buying Thailand real estate right now. This isn\u2019t a comprehensive list but can serve as a starting point for your search.\n\n\nRelated:\n\u00a0\nBangkok housing demand soars as more buyers look to the suburbs\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n3 pros and 3 cons of buying Thailand real estate right now\n\n\nPro:\n Deals are still available\n\n\nProperty prices today will be lower than if you wait until Thailand reopens. While discounts vary from location to location and even project to project, there are plenty of deals to be had. For example, Mantra Beach Condominium in Bang Saray ishas a limited-time only promotion for units in this stylish Eastern Seaboard project.\n\n\nIt\u2019s a similar story in Phuket, Samui and Hua Hin. You will find a nice selection of discounts out there. However, this probably is your last chance to secure one.\n\n\nCon:\n The best deals are gone\n\n\nUnfortunately, the biggest discounts are long gone. Most sellers are willing to negotiate on price but are also content to wait out the situation. This is extremely important to understand when submitting an offer. Unrealistic ones will simply be ignored so don\u2019t come in now with a bid 50 percent below asking price.\n\n\nPro:\n The entire buying process can be done from overseas\n\n\nBuying Thailand real estate right now can be done exclusively from overseas. Many property agents have perfected the process which means you can confidently proceed if you want to buy from outside the country.\n\n\nCon:\n You can\u2019t visit the property in person\n\n\nTravel restrictions are loosening up, but most people still won\u2019t be able to visit a property in person if they\u2019re buying Thailand real estate right now. For a lot of investors this is a non-starter. You can make a case this isn\u2019t much of an issue if you\u2019re purchasing an off-plan unit and are already familiar with the location.\n\n\nHowever, if you don\u2019t know the local area or want to buy a completed property, it is vital to weigh all the positives against this con. Be sure to speak with your agent or developer if this is a concern. They may be willing to work with you to find a solution.\n\n\nPro:\n Tourism will return\n\n\nHistorically speaking, tourists will come back to Thailand. And there are going to be a lot of them. In 2010, 15.9 million visitors came to the country. This number was 39.9 million in 2019. Arrivals only declined three times between 2004 and 2019.\n\n\nIn 2005, Thailand was recovering from the Boxing Day Tsunami. The global financial crisis depressed tourist numbers in 2009. And the coup in 2014 also caused a decline in arrivals. However, the tourism industry bounced back on each occasion. There is no reason to think this won\u2019t happen again.\n\n\nCon:\n Uncertainty about when everyone can return\n\n\nOf course, when it recovers is still uncertain. Plans to reopen Thailand to vaccinated tourists have changed repeatedly. There is also the issue of some countries, most notably China, not allowing tourists to travel overseas. There is hope the situation returns to normal, or at least close to it, sometime next year, but that remains to be seen. Anyone thinking about buying Thailand real estate right now does need to factor this into their decision.\n\n"} {"url": "https://www.dotproperty.com.my/blog/pt-conwood-indonesia-contributes-lombok-rebuilding-efforts", "title": "PT Conwood Indonesia contributes to Lombok rebuilding efforts", "body": "\n\nPT Conwood Indonesia donated several houses to the rebuilding efforts in Lombok\n\n\nPT Conwood Indonesia has donated several earthquake-resistant houses to those impacted by the catastrophe in Lombok. An initial 6.4 magnitude earthquake hit the island in July with several more tremors in August, including a 7.0 magnitude earthquake, destroying buildings and leaving villages in tatters.\n\n\n\u201cWe donated the houses as tokens of our deepest condolences and sympathies towards the people of Lombok who were struck by the Lombok earthquake. We hope that the Conwood house donations may encourage the acceleration of the rise of Lombok, especially North Lombok, \u201cRizki Kresno, president director of PT Conwood Indonesia, explained.\n\n\nMore than 500 people have died while a significant number of the island\u2019s inhabitants have been displaced in the past two months. Prior to sending the pre-fabricated houses, PT Conwood Indonesia sent donations to \nLombok\n\u00a0in the form of food, blankets and clean water in collaboration with Jababeka\u2019s CSR team.\n\n\nThe earthquake-resistant houses donated by PT Conwood Indonesia were made from \nthe firm\u2019s innovative wood replacement products\n. The houses can be built in seven days with only seven installers meaning they will be put into use quickly. The houses have passed tests from The Ministry of Public Works and Housing of Indonesia (PUSKIM). The strength and feasibility of the structures are proven and will ensure they remain upright during any future earthquakes.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPT Conwood Indonesia is deeply committed to conserving the environment. The firm\u2019s philosophy, innovating a beautiful planet, is embedded in everything the firm does. The ultimate goal is to have beautiful buildings while leaving the trees in the forest.\n\n\nThose wishing to make a donation to the Lombok relief efforts can do so thanks to various charities. The Indonesian Red Cross is accepting donations for victims of the earthquake through Lombok Kita Bantu. \nClick here to make a donation\n.\n\n\nThe Jakarta Post has a complete list of organizations accepting donations to help the victims of the Lombok earthquake.\nSee all donation methods\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/quality-home-undersupply-infrastructure-creates-optimistic-outlook-hua-hin-real-estate-market", "title": "Quality home undersupply and infrastructure creates an optimistic outlook for the Hua Hin real estate market", "body": "\n\nGlenn Thomson, Head of Real Estate in Hua Hin for Lazudi, shares his views on the local property market\n\n\nThe Hua Hin real estate market is uniquely positioned within Thailand. Steady demand from Bangkok-based buyers, infrastructure improvements allowing for greater tourism opportunities and an undersupply of quality residences saw the region remain resilient during the past 18 months. These factors are also positioning it for future growth.\n\n\nGlenn Thomson, Head of Real Estate in Hua Hin for Lazudi, has been involved in the local property scene for more than 15 years. He notes the biggest misconception people currently have about the Hua Hin real estate market relates to supply and demand.\n\n\n\u201cMost people have the impression that there is a huge oversupply of property in Hua Hin,\u201d Glenn said. \u201cAgents here will tell you there is actually an undersupply of good properties to match the criteria of the average buyer. We are pleased that developers are continuing to bring new developments or new phases to meet our buyers\u2019 demands.\u201d\n\n\nHe added several large developments meeting the criteria of buyers managed to sell out. This, in turn, prompted homebuilders to confidently start new phases at these projects. The aim is to meet current demand while being prepared for the return of overseas arrivals.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThai Families and expats based in Bangkok are the predominant category of Hua Hin property buyers at the moment\n. Interestingly, different reasons for purchasing have emerged from this group. Many are looking for second homes; others are working remotely and no longer need to be located in the capital; \nsome are preparing for retirement in Hua Hin\n; and a few have found deals too good to pass up.\n\n\n\u201cMany buyers from Bangkok had already planned to buy property in Hua Hin but pushed their plans forward a few years,\u201d Glenn explained. \u201cThose considering property here in the future viewed the price reductions from resale property as too good to miss. You also had many developers opt against making price increases which presented buyers with another good opportunity during the past year.\u201d\n\n\nAnd while local property buyers were able to take advantage of various opportunities, those overseas have mostly waited on the sidelines of the Hua Hin real estate market. Glenn reports some international clients were confident enough to purchase remotely, but most preferred to wait until they visit in person. However, they run the risk of missing out entirely.\n\n\n\u201cWe are in touch with hundreds of buyers waiting to return to Thailand who are seeing properties they have their eye on being sold before they can get here,\u201d Glenn notes. \u201cGood, discounted properties will have all but been sold when our buyers get here. They will be disappointed they missed out and disappointed if they cannot negotiate the same deals on other properties.\u201d\n\n\nInfrastructure unlocks new opportunities across the Hua Hin real estate market\n\n\nBoth domestic and international flights could eventually bring more tourists to Hua Hin Airport\n\n\nWhile the Hua Hin real estate market has remained active over the past two years, work has also gone on behind the scenes to improve the region\u2019s travel prospects once Thailand reopens to tourists. Earlier this year, Hua Hin Airport signed an agreement with Phoenix Aviation to develop and promote the facility in an attempt to establish more international connections. According to reports, \nairlines from Singapore, Hong Kong, China and India are already interested\n.\n\n\nAdditionally, the Tourism Authority of Thailand is hoping flight service between Hua Hin and Phuket begins in the near future. While plans remain in flux, the possible benefits of increased domestic and international air travel into the region could be massive.\n\n\n\u201cThe impact is going to be huge regarding national, regional and international travel from Hua Hin Airport. I see the opportunity for travelers to look at two-center vacations, such as Hua Hin with Phuket, Samui or Chiang Mai,\u201d Glenn said. \u201cConnections from Hua Hin to Singapore, Hong Kong and Malaysia will be a stepping stone for onward travel to Europe, Middle East, China and Australasia.\u201d\n\n\nAnother noticeable improvement is the widening of roads throughout Hua Hin. According to Glenn, the local municipality has worked to reduce travel times that allows those staying outside the city to reach popular entertainment venues, restaurants and beaches in less time.\n\n\nAll of this will have a positive impact on the Hua Hin real estate market. More tourists visiting Hua Hin in the future is a potential boon for investors purchasing off-plan condominium units and rental villas, especially ones in central areas.\n\n\nIncreased tourism and improved infrastructure also make locations to the north, south and west of the city center more attractive. New developments have already begun stretching into these areas with road improvements meaning living here is more practical than in years past.\n\n\n\u201cWith space at a premium in Bangkok, being able to buy property with land and space from neighbors is very appealing,\u201d Glenn pointed out. \u201cMany people are choosing the peaceful areas just to the south of the city where there is more space and prices are a little lower. The north is doing well because of the shorter travel time from Bangkok. There is a lot of room for development in the west where new, high-quality projects can be launched.\u201d\n\n\nFor more information on Hua Hin real estate:\n\n\nGlenn Thomson\n\n\n[email\u00a0protected]\n\n\n+66815733059\n\n\nProperties For Sale in Hua Hin\n\n"} {"url": "https://www.dotproperty.com.my/blog/questions-must-answered-thailand-allowing-freehold-land-ownership-foreigners", "title": "What questions must be answered about Thailand allowing freehold land ownership to foreigners", "body": "\n\nA proposal in Thailand allowing freehold land ownership to foreigners continues to gain traction. \nThe Bangkok Post reported\n the Centre for Economic Situation Administration (CESA), a body chaired by Prime Minister Prayut Chan-o-cha, tentatively approved a series of measures designed to stimulate overseas investment.\n\n\nIn addition to being able to own land on a freehold basis, qualified foreign investors would be granted a long-stay visa for up to 10 years and enjoy personal income tax of 17 percent on local earnings.\n\n\nThat being said, the proposal remains some way off from becoming reality. CESA still needs to speak with several agencies about just how these measures would be implemented and what laws would need amending.\n\n\nShould it eventually be approved, there are a few questions regarding Thailand allowing freehold land ownership to foreigners that need to be addressed. Here are the three most pressing ones.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n3 key questions regarding Thailand allowing freehold land ownership to foreigners\n\n\n1) What happens to those leasing land or who own it through a Thai company?\n\n\nThere are already plenty of foreigners who have either leased land or own it through a Thai company. One solution would be to provide this group with the option to convert their ownership into freehold providing they met certain criteria. However, this would be far easier said than done.\n\n\nThailand allowing freehold land ownership to foreigners would undoubtably alienate many leaseholders who would have likely waited had they known change was coming. Even if a pathway to convert ownership was created, some people in lease agreements would find themselves stuck either unable to meet the criteria or dealing with an owner uninterested in selling their land.\n\n\nRelated:\n \nWhere can foreigners own freehold property in Asia?\u00a0\n\n\n2) Does this actually benefit the Thailand real estate market?\n\n\nSome experts aren\u2019t convinced that these sweeping changes would actually benefit the Thailand real estate market. For example, \nthe Real Estate Information Center (REIC) has called for more targeted measures to encourage overseas property investment\n. They have proposed giving individual projects the right to increase their foreign ownership threshold.\n\n\nAnother concern is that the government has set unrealistic requirements that would hamstring the proposal from the start. To put it bluntly, this can\u2019t benefit the Thailand real estate market if no one is interested.\n\n\nObviously, the situation is fluid, but the current proposal as it stands may not be attractive enough to draw in more property investment.\n\n\n3) Can it be successfully implemented?\n\n\nEven if the proposal is approved, it will need to be successfully implemented which is a fairly enormous obstacle. In 2014, the Thai government unveiled a THB 10 million investment visa to encourage capital inflows into the country. The program was designed to stimulate the property and bond markets while providing international investors with an incentive to consider a higher level of investment.\n\n\nIt provided foreigners who purchased THB10 million in condominium units or other assets with a one-year visa that could be extended annually for as long as they held the investment. What\u2019s more, the investor\u2019s family were also eligible to receive visas.\n\n\nUnfortunately, the visa was never successfully implemented with there never being any clear guidelines on where and how to apply. While some did manage to receive the \nTHB10 million condominium investment visa\n, many others did not despite meeting all the qualifications.\n\n\nThailand allowing freehold land ownership to foreigners only matters if the program is backed by a clear and concise application process. It\u2019s vital everyone be on the same page if this is to work.\n\n"} {"url": "https://www.dotproperty.com.my/blog/quick-look-home-renters-insurance", "title": "A quick look at home renters insurance", "body": "\n\nJust because you rent your home doesn't mean it's wise to go without insurance\n\n\nMost people are familiar with homeowners insurance, but renters insurance is much less common. Even those who rent their home and have heard about renters insurance don\u2019t necessarily understand why they should have it. That\u2019s usually due to the fact they assume the landlord will have insurance that covers the property.\n\n\nThis may be true in some cases; however, it most definitely will not cover your possessions. In fact, nearly every rental contract ever created expressly states you are responsible for you and your belongings. That means paying out of pocket if you don\u2019t have renters insurance.\n\n\nOverview of home renters insurance\n\n\nWhile what is covered by home renters insurance does vary, most policies will protect against loses due to fire, lightning, vandalism, theft, explosion and similar scenarios. Protection against flooding is less common, although some insurance companies do cover it. That being said, you may be looking at more expensive monthly payments or higher premiums.\n\n\nThere are a few instances that are not covered by renters insurance. These include:\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNeglect\n\n\nWar\n\n\nNuclear hazard\n\n\nSeizure of property from the government\n\n\n\n\nTypes of coverage\n\n\nActual cash value\n\n\nActual Cash Value (ACV) coverage pays for what the item is worth during the time that it was damaged. For example, if your old school, tube television was stolen, ACV coverage pays out its current price, which is probably nothing, not the price when it was bought. This is usually the cheapest option for renters insurance.\n\n\nReplacement cost\n\n\nReplacement cost renters insurance is recommended for those who own high value items. If something happens to an item, it will pay out its original price.\n\n\nDo I need renters insurance?\n\n\nIt\u2019s always a good idea to have renters insurance if you are renting a property. On the other hand, there may be a few instances when it isn\u2019t absolutely necessary. If you are a recent college grad living in a studio that only has a bed, television and Xbox, it might not worth the cost and trouble. Before getting a quote on renters insurance, take a personal inventory of your rental property to see how much value is there.\n\n"} {"url": "https://www.dotproperty.com.my/blog/raintree-residences-offers-best-urban-lifestyle", "title": "Raintree Residences offers the best urban lifestyle", "body": "\n\nThere are no two more important elements in daily home life than space and greenery. Space lets us feel free and gives us the ability to pursue our passions in life. Meanwhile greenery lets us connect with nature and enjoy health and happiness. These two tenants serve as the anchor of Raintree Residences where space and greenery can be found in abundance. This superb housing estate is located in one of Iskandar\u2019s most desirable areas near the Johor Premium Outlets. At Raintree Residences, families can grow together, enjoying a happy life without any restrictions. Developed by Genting Property Sdn Bhd, the residential project boasts contemporary homes that cater to the needs of the entire family. You can enjoy the urban lifestyle you have always wanted at Raintree Residences.\n\n\nProject:\n Genting Indahpura \u2013 Raintree Residences\n\n\nDeveloper:\n Genting Property Sdn Bhd\n\n\nArchitect:\n DC Architects\u00a0Sdn Bhd\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nLocation:\n Kulai, Zone E of Iskandar Malaysia\n\n\nLaunch date:\n June 2015\n\n\nFacilities:\n Guardhouse, entrance park and linear park\n\n\nSales office telephone:\n +607-663 1188\n\n\nEmail:\n \n[email\u00a0protected]\n\n\nWebsite:\n www.gentingproperty.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/real-estate-development-building-forest-bangkok", "title": "This real estate development is building a forest in Bangkok", "body": "\n\nA common complaint is that Bangkok lacks green areas. With space in the city center at a premium and land prices inching upwards, real estate developers opt to maximize usage. While most builders try to find ways to incorporate trees and sometimes small parks into their projects, these can still be rather limiting.\n\n\nOne company wanted to change that. Magnolia Quality Development Corporation (MQDC) felt like they could invert that concept by building a forest in Bangkok and then placing a real estate development around it. This idea is what has inspired The Forestias.\n\n\nIt must be stressed that MQDC is building a real forest in Bangkok. This isn\u2019t simply some trees or green spaces. Ecologists and conservationists have been hired to help build a living, breathing ecosystem that will be the heartbeat of The Forestias.\n\n\nFlora and fauna have been carefully selected and introduced gradually to ensure a vibrant, healthy forest that grows right alongside the project\u2019s residents. Meanwhile, a team of park rangers will be on hand to monitor The Forestias ecosystem as well as provide educational services to the public.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMQDC has set aside 30 rai (4.8 hectares) of forest that will be inaccessible to the public. This decision was made to provide protection to certain plant and animal species that flourish better without human traffic. However, the public can still observe some of these areas via the canopy walk that connects the various parts of the mixed-use estate.\n\n\nThis protected area is the hub of the forest which spans to every last corner of The Forestias. In fact, more than half of the entire development has been set aside for it. The project itself covers nearly 400 rai, or 64 hectares. To put this into context, the newly expanded Benchakitti Park is 72 hectares while Lumphini Park is 57 hectares.\n\n\nAccording to the developer, this is the largest such forest to be built within a metropolitan township project.\n\n\nRead More:\n\u00a0\n4 things to know about Thailand property investment in 2022\n\n\nBuilding a forest in Bangkok for a better life\n\n\nForests will cover more than half of The Forestias\n\n\nMQDC\n believes that building a forest in Bangkok can allow people to live a better life. For starters, it cites numerous studies conducted over the years that show a direct correlation between access to green spaces and improved health and wellbeing.\n\n\nThere are also the environmental benefits that building a forest in Bangkok should bring. For example, there will be much less pollution in and around The Forestias. Additionally, temperatures inside could be anywhere from two to five degrees Celsius cooler than in other parts of the city.\n\n\nThe developer has been very careful to place the various residential projects around the forest to ensure everyone could enjoy a connection to nature. Every time a person walks out of their front door or building, they will be immersed in the beauty only the environment provides.\n\n\nThe public has taken notice of the work MQDC is doing at The Forestias. The development won Thailand People\u2019s Choice Award for Project of the Year at the \nDot Property Thailand Awards 2021\n. Given the firm\u2019s unique and bold plans, it was something they took a great deal of pride in winning.\n\n\n\u201cWinning these awards makes us very proud. It makes us feel like we are developing The Forestias in the right direction. We don\u2019t only want to develop a good project, we want it to be one of the best projects in the world,\u201d Khun Kittiphun Ouiyamaphun, MQDC Senior Vice President, proclaims.\n\n\nThose wanting to catch a glimpse of The Forestias and see how MQDC is building a forest in Bangkok can visit the project showroom in Bang Na. Interestingly, \nit is the country\u2019s largest real estate showroom\n and several immersive experiences provide you with a better understanding of the development\u2019s magnitude.\n\n"} {"url": "https://www.dotproperty.com.my/blog/real-estate-development-southeast-asias-best-dot-property-letting-decide", "title": "What real estate development is Southeast Asia\u2019s best? Dot Property is letting you decide!", "body": "\n\nPark Cascades from Alveo Land is one of three finalists for the People\u2019s Choice Award for \u201cProject of the Year\u201d award\n\n\nThe Dot Property Southeast Asia Awards 2019 promises to be a historic occasion with the very first People\u2019s Choice Award for \u201cProject of the Year\u201d being named during the presentation ceremony. The Southeast Asia People\u2019s Choice Award for \u201cProject of the Year\u201d features the country winners of the award from Thailand, the Philippines and Vietnam. This honour is voted on exclusively by the public.\n\n\nBEATNIQ Sukhumvit 32 from SC Asset is a People\u2019s Choice Award for \u201cProject of the Year\u201d nominee\n\n\nSoutheast Asia\u2019s leading real estate developers, projects, agents and companies supporting the industry will at Park Hyatt Bangkok on December 12 for the Dot Property Southeast Asia Awards 2019 presentation ceremony and invitation-only Winners Party.\n\n\nOne of the evening\u2019s most anticipated moments will be the announcement of the People\u2019s Choice Award for \u201cProject of the Year\u201d winner. However, before that can happen, we need you to vote for your favourite. Let\u2019s take a look at the nominees.\n\n\nRepresenting the Philippines\u2026\n\n\nPark Cascades was presented with the People\u2019s Choice Award for \u201cProject of the Year\u201d in the Philippines\n\n\nPark Cascades from Alveo Land\n\n\nPark Cascades is a smartly-designed residential development that connects seamlessly to the retail areas and open spaces found throughout Arca South, a fully-connected business and lifestyle district in Metro Manila.\u00a0 The multi-building condominium has studio, one-, two- and three-bedroom units all designed to cater to the needs of the modern lifestyle.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nClick here to vote for Park Cascades\n\n\nRepresenting Thailand\u2026\n\n\nBEATNIQ won the People\u2019s Choice Award for \u201cProject of the Year\u201d in Thailand\n\n\nBEATNIQ Sukhumvit 32 from SC Asset\n\n\nBEATNIQ Sukhumvit 32 is located in Bangkok\u2019s trendy Thong Lor neighbourhood, BEATNIQ features incomparable exterior and interior design; an innovative smart home concept; and generous living spaces at a competitive price. Property buyers have responded well to all of these points as the rare blend of luxury and practicality have proven to be a hit.\n\n\nClick here to vote for BEATNIQ Sukhumvit 32\n\n\nRepresenting Vietnam\u2026\n\n\nSunshine Diamond River took home the coveted People\u2019s Choice award in Vietnam\n\n\nSunshine Diamond River from Sunshine Homes\n\n\nBoasting the perfect blend of nature and technology, Sunshine Diamond River has redefined what it means to be a green building in Ho Chi Minh City. Several advancements have been incorporated into the development that ensures fresh air, cool spaces and a pleasant living experience for its residents.\n\n\nClick here to vote for Sunshine Diamond River\n\n\nAll three projects are Dot Property Awards 2019 winners in their respective countries. But in order for them to win People\u2019s Choice Award for \u201cProject of the Year\u201d at the Dot Property Southeast Asia Awards 2019, they will need your vote!\n\n\nVote here!\n\n"} {"url": "https://www.dotproperty.com.my/blog/real-estate-discounts-much-can-ask-negotiating", "title": "Real estate discounts: How much can you ask for when negotiating?", "body": "\n\n\n\n\u00a0\n\n\nThe art of negotiation requires you to understand numerous factors. This is especially true when it comes to real estate discounts. Discounts in the world of property come in all shapes and sizes, some of which you may not even currently realize. At the moment, many developers are willing to offer discounts due to the current situation. However, not all of them are broadcasting the offers.\n\n\nTrying to talk down the price of a home requires much more nuance than, say, knocking a few bucks off some souvenir even in a buyer\u2019s market. Obtaining real estate discounts during negotiations is possible in most cases as long as you know what to ask for. Here are a few things you are going to want to understand before trying to get the price down.\n\n\n1) Be realistic\n\n\nFirstly, don\u2019t offer half the value of a property and expect to get a response. Even if the market is slow or the seller is super motivated, they aren\u2019t going to take a massive loss unless it is absolutely necessary. It\u2019s okay to go in with an initial offer that\u2019s low, but still be reasonable. The goal is to get the seller moving down. If you turn them off completely, there won\u2019t be any negotiating.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n2) Use percent not price\n\n\nHouse and condo units are expensive. When asking for real estate discounts using price, the sum you want probably seems like a lot of money. In percent form, it might seem like a lot less. By stating your discount request in percentage form during negotiations, the seller may be more inclined to see it as reasonable when compared with the total amount of money it actually comes out to.\n\n\n3) Consider alternatives to a straight price cut\n\n\nWhen looking for real estate discounts, don\u2019t fixate on the selling price. Yes, this is important. However, there are other ways you can save yourself some money. If you aren\u2019t making any headway on price during negotiations, think about the fees and taxes involved in the transaction process.\n\n\nThese are usually split between the buyer and seller but can be negotiable. If the seller isn\u2019t budging on price, turn your attention to getting him or her to pick up the tab on all the taxes and/or fees. This may not count as a traditional discount, but you\u2019re still saving money all the same.\n\n"} {"url": "https://www.dotproperty.com.my/blog/real-estate-information-center-calls-targeted-measures-encourage-overseas-property-investment-thailand", "title": "Real Estate Information Center calls for targeted measures to encourage overseas property investment in Thailand", "body": "\n\nThailand is looking at ways to encourage more encourage overseas property investment\n\n\nThe Real Estate Information Center (REIC) wants to see targeted measures introduced to encourage overseas property investment in Thailand. Some experts have recently called for the country to loosen restrictions on foreign ownership of land and increase the condominium quota. However, not everyone agrees with these widespread actions.\n\n\n\u201cThere is no need to increase condo ownership across the whole country. It is better to focus. We recommend individual projects have the right to increase their foreign ownership threshold, but only in certain areas of Bangkok, Chon Buri, Chiang Mai, Samut Prakan and Phuket,\u201d Dr Vichai Viratkapan, REIC Executive Director, explained to the Bangkok Post. \u201cThe government\u2019s goal should be to focus foreign buyer transactions in the higher price ranges. That would prevent foreign buyers from competing with domestic buyers.\u201d\n\n\nLast year, \nthe Center for Economic Situation Administration (CESA) announced that it was looking into creating a property stimulus package for foreign buyers\n to help lift the Thailand real estate market. No action has been taken apart from the introduction of the Elite Flexible One program from Thai Privilege Card at the start of 2021.\n\n\nRelated:\n \nWhere can foreigners own freehold property in Asia?\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nReopening tourism is the best way to encourage overseas property investment in Thailand\n\n\nWith Phuket set to welcome visitors quarantine free on July 1\n and most other destinations gearing up for an October 1 reopening, the best way to encourage overseas property investment in Thailand may already be underway.\n\n\n\u201cIt is more difficult to sell condos to buyers who have not seen them in person because sometimes you buy only because you fall in love with the property,\u201d Dr Vichai stated. \u201cOnce the government can vaccinate people, having foreign visitors will be safe and it will be possible to restart travel.\u201d\n\n\nAt the moment, all eyes remain on China as the country\u2019s decision on restarting international travel will have a large say in the recovery of the Thailand property market.\n\n\n\u201cSince most foreign buyers are Chinese, the first factor is when the Chinese government allows their people to travel overseas,\u201d Dr. Vichai noted.\n\n"} {"url": "https://www.dotproperty.com.my/blog/real-estate-rewind-top-stories-dot-property", "title": "Real estate rewind: The top stories on Dot Property in 2018", "body": "\n\nDot Property hosted award events, seminars and property shows, such as the Dot Property Show 2018 at Siam Paragon, this year\n\n\nIt\u2019s safe to say 2018 was a busy year for both Dot Property and real estate in Asia. We covered a lot of interesting stories, but here are the top stories on Dot Property in 2018.\n\n\nTop 15 articles on Dot Property in 2018\n\n\nMuji takes on interior design in Southeast Asia starting with Bangkok\u00a0\n\n\nMuji has developed a following in Asia\n\n\nMuji shops are incredibly popular throughout Southeast Asia. From Bangkok to Jakarta and Singapore to Manila, you can\u2019t miss the Japanese lifestyle brand\u2019s outlets in shopping centres. And now the company has made its way into the interior design space after announcing a partnership with Thai developer AP.\n\n\nMuji will oversee the interior design of Life Pinklao, a luxury condominium in suburban Bangkok. The 23-story development is located within walking distance of the under construction Bang Yi Khan MRT station. Not only will Muji oversee the design, but its products will be used in the units to help bring Japanese-style living to Bangkok.\n\n\nClick here to read more\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4 property investment hotspots in the Philippines\u00a0\n\n\nReal estate investment in the Philippines continues to pick up thanks in large part to the strong performance of the country\u2019s economy. This has carried over to the property market with the Bangko Sentral ng Pilipinas reporting that the residential real estate price index rose by 5.7 percent in 2017.\n\n\nMany overseas investors elected to acquire property in Makati. Known as the Financial Capital of the Philippines, strong rental demand and the highest rental rates in the country are appealing to property investors. However, Makati isn\u2019t the only place offering strong rental returns and outstanding capital appreciation.\n\n\nClick here to read more\n\n\nIs now a good time to buy a Bali villa?\n\n\nIf you are considering a Bali villa purchase, now is as good of a time as any. Tourist arrivals to the island continue to increase annually with more than five million visitors spending time in Bali last year, according to statistics from the Bali Government Tourism Office.\n\n\nAnd while tourists are arriving in record numbers, the amount of villas available full-time for short-term rental in Bali remains relatively low. Research from Villa-Finder.com shows there are only 3000 villas on the short-term rental market. This presents savvy investors with an opportunity.\n\n\nClick here to read more\n\n\nThe next China? ASEAN demand for overseas luxury real estate could soar\n\n\n\u00a0\n\n\nThe Chinese government is likely to tighten outbound capital policy even further in the short term which has seen many in the real estate industry try to identify the next China. With significant wealth growth and an appetite for luxury property, Southeast Asia seems set to become a major player with some believing it to be the next China.\n\n\nThis is according to Stephanie Anton, president of Luxury Portfolio International\u00ae, a collection of the world\u2019s most powerful independent luxury brokerages, who spoke to Dot Property last April.\n\n\nClick here to read more\n\n\nNha Trang property investment: 3 things you need to know\n\n\nThe view from Sunshine Marina Nha Trang\n\n\nNha Trang property investment is becoming popular with both the local and international crowds. It\u2019s easy to see why. The city boasts a beautiful stretch of coastline that spans six kilometres and is regularly ranked among Southeast Asia\u2019s best beaches. This has seen arrivals soar and all these people need a place to stay.\n\n\nIn many ways,\u00a0\nNha Trang\n\u00a0and\u00a0\nPattaya\n\u00a0are similar. They both feature long beaches that are close to the city. They are both popular with Chinese and Russian tourists as well. Finally, the two areas present real estate investors with some unique opportunities, especially when it comes to condotels.\n\n\nClick here to read more\n\n\nInternational buyers face price hikes in Penang\n\n\nOverseas property buyers eyeing Penang were dealt some bad news after the local government increased the real estate price floor for foreigners. Penang property prices have been on a slow decline in recent times and the move is the government\u2019s latest attempt to halt the slide.\n\n\nClick here to read more\n\n\nCaf\u00e9 del Mar Pattaya and more new leisure centres set to revamp the Eastern Seaboard\u00a0\n\n\nPattaya is still known for its raunchy nightlife and despite repeated attempts to change this, the bars and clubs don\u2019t seem to be going anywhere. However, there are numerous places, such as Caf\u00e9 del Mar Pattaya, springing up beyond Walking Street that are broadening the city\u2019s appeal.\n\n\nThe reason for this is necessity. According to the Mastercard Asia Pacific Destinations Index 2017, Pattaya welcomed the eighth most international overnight arrivals in the Asia-Pacific region, finishing just behind Hong Kong. These days Chinese, Korean and German guests are visiting the city in droves and are looking for different types of activities.\n\n\nClick here to read more\n\n\nBelt and Road steers Chinese investors to Filipino property\n\n\nChina was active in the Philippines this year\n\n\nChina\u2019s Belt and Road initiative isn\u2019t simply improving infrastructure in the 24 countries that make up the ambitious programme. Countries in Southeast Asia that are part of the Belt and Road, including Thailand, Malaysia, Vietnam, the Philippines and Indonesia, have all seen an influx of Chinese real estate investors.\n\n\nThanks to thawing relations between Manila and Beijing, Chinese investment in the Philippines is rising with the Belt and Road initiative playing a factor in this. Of course, the surging Filipino economy has played its part in the increase as well.\n\n\nClick here to read more\n\n\nThe people choose Hinode City as Vietnam\u2019s Best Development\n\n\nHinode City won the inaugural People\u2019s Choice Award for Best Development at the Dot Property Vietnam Awards 2018. Hinode City was one of 12 developments up for the award that was decided on exclusively by the public. Thousands of votes were cast as people selected the project they felt to be the best. Hinode City was the winner, collecting almost more than 1500 votes in less than a week.\n\n\nClick here to read more\n\n\nMM2H attracts Hong Kong buyers looking for affordable property to Malaysia\n\n\nMalaysia has become an attractive place among retirees from Hong Kong because of the\u00a0\nMalaysia My Second Home (MM2H) programme\n. Those who purchase a property and can support themselves without seeking employment are able to obtain a 10-year, multiple-entry visa. Family members are also eligible for the visa which has made MM2H desirable for those in Hong Kong wanting a hassle-free retirement haven.\n\n\nClick here to read more\n\n\nBreeze Park Condotel is perfect for Phuket property investment\n\n\nBreeze Park Condotel in Phuket offers strong returns and a generous usage policy\n\n\nDespite the central location and awe-inspiring coastline, development in and around Kamala Beach remains relatively limited. At the north-end of the beach is the MontAzure residential resort development, but beyond that there isn\u2019t much for real estate investors to choose from.\n\n\nThis is just one of the many reasons Breeze Park Condotel is such an exciting development. Located in the hills just south of Kamala Beach, this residential complex boasts an impressive design and an affordable price point that makes it extremely attractive for investors, holiday home seekers or those wanting one property to do both.\n\n\nClick here to read more\n\n\nAs Singapore office rents increase, firms look for new options\n\n\nNew research from\u00a0\nDBS\n\u00a0and CBRE found Singapore office rents are beginning to recover after bottoming out early last year. The rising rents and office market outlook has caused some businesses to consider alternatives, such as co-working centres or other non-traditional office solutions, in order to save on costs. This situation is most notable in the CBD where finding space is proving to be problematic.\n\n\nClick here to read more\n\n\nWhy do expats choose to retire in the Philippines?\n\n\nMore expats are retiring in the Philippines\n\n\nMore expatriates are choosing to retire in the Philippines. People from the USA, Australia, Singapore, Hong Kong and many Nordic countries are all enjoying the Filipino lifestyle these days. Ever wonder why more expats are looking to retire in the Philippines? There are quite a few reasons, but here are four of the most popular ones.\n\n\nClick here to read more\n\n\nDot Property Thailand Awards 2018 honours 24 of real estate\u2019s best\n\n\nA total of 24 awards were bestowed upon developers, projects, real estate agencies and companies during the Dot Property Thailand Awards 2018 exclusive presentation ceremony at Radisson Blu Plaza Bangkok on 16 August. All Inspire Development and Blue Horizon were among the night\u2019s big winners that also saw the People\u2019s Choice Award for Best Developer Thailand announced.\n\n\nClick here to read more\n\n\nWhere is Asia\u2019s best kept beach secret?\n\n\nThe view of Ngwe Saung Beach from the pool at Eskala Hotels & Resorts\n\n\nNgwe Saung Beach is undoubtedly a hidden gem. In fact, it\u2019s Asia\u2019s best kept beach secret. More than 15 kilometres of pristine beaches can be enjoyed with most being sparsely populated when compared to the region\u2019s other popular seaside getaway locations. If you\u2019re looking for seclusion and peace, Ngwe Saung Beach offers both in spades. It is only a matter of time before more people find out about Asia\u2019s best kept beach secret.\n\n\nClick here to read more\n\n"} {"url": "https://www.dotproperty.com.my/blog/real-estate-rewind-top-stories-dot-property-2021-a", "title": "Real estate rewind: The top stories from Dot Property in 2021", "body": "\n\nThe past 12 months saw a lot happen across the world of real estate in Southeast Asia. And Dot Property Group was right there covering the most important items throughout the year. However, you may have missed something interesting. That\u2019s why we\u2019re here with a recap of the top stories from Dot Property in 2021.\n\n\nTop 15 stories from Dot Property in 2021\n\n\nAllow us to reintroduce ourselves\n\n\nDot Property is now Dot Property Group. This is much more than a name change, however. The company is revolutionizing how property professionals in Southeast Asia operate. Its newest innovations allow you to work faster, smarter and more efficiently than ever before.\n\n\nContinue Reading\n\n\nA look at breweries in Asia with property development ambitions\n\n\nSingha Beer is widely available across the world. What most people outside of Thailand don\u2019t realize is the same beer maker also develops luxury condominiums and other real estate projects. Some of the Singha developments have been designed to look like a beer pouring into a glass. And it\u2019s not just Singha swapping brews for buildings. There are several breweries in Asia with property development ambitions.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKeep Reading\n\n\nCan tourism-focused real estate help the Philippine property market rebound?\n\n\nIt feels a bit odd talking about tourism-focused real estate when most visitors are unable to travel to the Philippines at the moment. However, it can be an important driver of a Philippine property market rebound once the situation returns to normal. At the very least, it won\u2019t hurt the developers to consider tourism-focused real estate moving forward.\n\n\nContinue Reading\n\n\nRolling Ant uses video games to innovate the way people view property in Vietnam\n\n\nSales agents using Rolling Ant\u2019s fully nteractive PC application to present at Masterise Homes\u2019s Sales Gallery\n\n\nOn the surface, it appears that video games and real estate may not have a lot in common. However, both are driven by experiences and are extremely visual in nature. Comparisons don\u2019t end there. The best video games are brought to life by being engaging and striking to look at. It\u2019s a similar story for property. Rolling Ant was one of the first companies to realize the similarities. The firm decided to create an innovative range of real estate viewing solutions after spending 16 years developing Xbox 360 and PlayStation triple A titles for companies such as Microsoft, EA and Disney.\n\n\nRead More\n\n\nThe Dot Property Awards return in person\n\n\nFrom right to left \u2013 Mr. Adam Sutcliffe, Dot Property Group Director, Events and International Markets; Khun Apipu Phromyothi, Navarang Asset Chief Executive Officer; Khun Kittiphun Ouiyamaphun, MQDC Senior Vice President; Mr. James Claassen, Dot Property Group General Manager; Khun Korn Narongdej, Chief Executive Officer Raimon Land; Khun Wasawat Watanaudomkit, SC Asset Innovative Strategic Manager; Khun Preecha Kulphaisaltham, Pieamsuk Property Development Managing Director\n\n\nLast year saw in person events return to the Dot Property Awards in the Philippines, Thailand and Vietnam. While the format was different due to COVID-19 regulations in each country, more than 90 winners were announced across the three events in 2021. Find more detail about each one:\n\n\nThe Philippines\n / \nThailand\n / \nVietnam\n\n\n5 underrated beach destinations in Southeast Asia and where you can buy property\n\n\nWith many countries across the world making plans to reopen travel, people have already begun thinking about the places they wish to visit after nearly two years of being cooped up. And while there is nothing wrong with the usual spots, the most underrated beach destinations in Southeast Asia offer truly unique experiences.\n\n\nRead More\n\n\nThailand real estate\u2019s next big thing: Learn how 8Villas is leading the way in Khon Kaen\n\n\nBacked by a strong local economy, significant infrastructure investment and a lifestyle people love, Thailand real estate\u2019s next big thing is Khon Kaen and developer 8Villas is at the forefront of this movement. The general livability of the city is outstanding, and its investment potential is unmatched in the country. According to 8Villas, this is the chance to get in on the ground floor of something special.\n\n\nContinue Reading\n\n\nTourism-focused real estate in Vietnam set for bigger and better things\n\n\nMs Bui Thi Thanh Huong is the Vice Chairwoman and CEO of Sun Group, Vietnam\u2019s leading tourism developer\n\n\nSun Group was the first developer in Vietnam to recognize both the potential and need for tourism-focused real estate in Vietnam. Today, the developer is seen as the leader in the high-end tourism real estate segment having a portfolio of projects known and loved globally. And with Vietnam among one of the 10 fastest growing tourism countries in the world before the pandemic, its role is as a tourism-focused real estate is increasingly important.\n\n\nRead More\n\n\nExplore the most exclusive branded residences in Southeast Asia\n\n\nBranded residences are nothing new in Asia. Both hospitality and design firms have been lending their brands and the seal of approval that comes with it to residential developments throughout the region. However, Asia\u2019s most exclusive branded residences offer a lot more than just a familiar name.\n\n\nContinue Reading\n\n\nDisruption, not decline, will be the lasting legacy of COVID-19 on the Thailand property market\n\n\nThe greatest impact COVID-19 has had on the Thailand property market comes in the form of disruption. There is no denying real estate sales are down throughout the country because of the pandemic. Nearly 90 percent of agents and 91 percent of developers told us as much when asked. However, trends in demand show something beyond an across-the-board decline.\n\n\nKeep Reading\n\n\n4 of the most unique condominium developments in the Philippines\n\n\nSome residential projects are just built differently. And no, we\u2019re not talking about the construction process or materials. The most unique condominium developments in the Philippines are creative, bold and, quite frankly, pretty cool. Several developers haven\u2019t been afraid to think way outside the box.\n\n\nRead More\n\n\nThe Portuguese golden visa program provides investors with a secure future and the possibility of strong returns\n\n\nThe importance of a golden visa in the post-pandemic world\n\n\nCOVID-19 brought with it a number of unforeseen consequences with the most notable being restricted movement. Many Asian high-net worth individuals (HNWIs) found themselves without an alternative other than to wait the situation out. These challenges have highlighted the importance of a golden visa in the post-pandemic world.\n\n\nRead More\n\n\nWhere can you own freehold property in Asia?\n\n\nForeigners looking to own freehold property in Asia have several options at their disposal. As you would expect on such a diverse continent, rules and regulation do vary quite a bit. In some countries, you are limited by property type while other places have restrictions on locations and prices. The good news is that most places that allow foreigners to own freehold property in Asia have fairly transparent processes in place.\n\n\nContinue Reading\n\n\nONE.SIX Development is bringing a new perspective to Thailand real estate\n\n\nKhun Tanyatip (Tanya) Chearavanont, CEO and Founder ONE.SIX Development, has brought a new perspective to Thailand real estate\n\n\nHow do you convey an experience when it doesn\u2019t exist? By definition, a project is just some walls, windows, concrete and other building materials. There is nothing inherently special about it. A home doesn\u2019t become a home until it can be experienced. Ultimately, this is what drives\u00a0\nONE.SIX Development\n.\n\n\nRead More\n\n\nHere\u2019s how virtual offices are helping businesses unlock the potential of Malaysia\n\n\nFrom its 15th century origins as a trading post to the recent launch of the Melaka Waterfront Economic Zone, Malacca has long supported the ambitions of entrepreneurs from around the world. And while the city, and Malaysia as a whole, move forward with digitalization efforts, the office sector has lagged. The pandemic has only served to exacerbate these issues. Entrepreneurs looking for support have often found themselves shut out of the market until recently.\n\n\nKeep Reading\n\n"} {"url": "https://www.dotproperty.com.my/blog/real-estate-transparency-improves-across-southeast-asia", "title": "Real estate transparency improves across Southeast Asia", "body": "\n\nThailand, Vietnam and the Philippines improved their real estate transparency\n\n\nSeveral countries in Southeast Asia made notable improvements when it came to real estate transparency, according to a recent JLL report. The Global Real Estate Transparency Index 2020, a biannual research project from the consultancy, found that many countries in the region made significant progress over the past two years.\n\n\nThailand, Vietnam, the Philippines and Indonesia were among the top ten improved countries in regard to real estate transparency. Singapore was the region\u2019s best performing country when it came to transparency and finished 15\nth\nglobally. \nMalaysia\n was the only other Southeast Asian country to make the \nGlobal Real Estate Transparency Index 2020\n\u2019s top 30.\n\n\nA total of 99 countries and territories around the world are ranked in the report. The final real estate transparency score is based on six factors: investment performance; market fundamentals; listed vehicles; regulatory and legal indices; transaction processes; and sustainability. This was the 11\nth\n edition of the report.\n\n\nVietnam continues to improve\n\n\nThe \nVietnam\n property market continues to improve, and this was highlighted by the fact the country rose five places in the JLL report. As a result of the jump, Vietnam is now classified as \u201cSemi-Transparent\u201d. This is an important step for the country as more international investors look to enter the property market.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cVietnam has made further progress on the regulatory front with government bodies tightening their oversight to ensure rules and regulations are being adhered to in areas such as land-use planning and lending standards. The country\u2019s strong economic prospects have drawn significant interest from both occupiers and investors, and this has led to increased competition and service offerings from property management companies,\u201d the report found.\n\n\nThe performance of \nHo Chi Minh City\n, in particular, was cited as a key driver of real estate transparency in the country.\n\n\nThailand becomes transparent\n\n\nThailand had the biggest increase in real estate transparency in Southeast Asia\n\n\nThailand\n made further progress and was placed in the \u201cTransparent\u2019 tier by JLL for the first time. According to the Global Real Estate Transparency Index 2020, greater regulatory enforcement of lending standards and requirements for more frequent property valuations in the Kingdom along with improved accounting standards were catalysts for the improvement.\n\n\n\u201cModerate gains in Thailand have in part been driven by changes on the regulatory front, and this has led to it advancing into the lower reaches of the \u2018Transparent\u2019 tier alongside Mainland China\u2019s leading cities. The national accounting body has adopted new measures to move Thailand\u2019s GAAP more in line with international standards, while regulators have tightened up on some lending standards including requiring greater frequency of appraisals. In Bangkok, a new land-use plan is scheduled to be launched in 2020 after significant public consultation, and this has helped to improve the predictability of the changes to come,\u201d the report explained.\n\n\nThe country is now ranked as the world\u2019s 33\nrd\n most transparent real estate market and recorded the fifth highest improvement during the past two years.\n\n\nSustainability focus moves the Philippines forward\n\n\nWhile \nthe Philippines\n still trails both Thailand and Indonesia in real estate transparency, the country continues to become more transparent. Many developers have made strides in sustainability and these efforts were one of the reasons the country improved in the latest rankings.\n\n\n\u201cSustainability has been a key contributor to gains achieved in the Philippines as developers put a renewed focus on this area. The number of green-certified buildings has been on the rise and the first non-bank issuance of a green bond took place early in 2020 by a local developer. Steps to digitize the land registry are also a positive stride, leading to better quality records and easier access,\u201d the report points out.\n\n\nElsewhere in Asia\n\n\nThe Global Real Estate Transparency Index 2020 highlighted \nIndonesia\n as another country that made solid strides over the past two years. Meanwhile, Myanmar was the lowest ranked country in the region and 72\nnd\n globally.\n\n\nJapan and Hong Kong scored highly once again and both countries are firmly entrenched in the \u201ctransparent\u201d tier. The report added, \u201cthe improvements have been small, with the biggest advances recorded on the sustainability front as governments and industry players have placed a greater emphasis on health and well-being.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/real-estates-finest-coming-bangkok-dot-property-southeast-asia-awards-2019-bangkok", "title": "Real estate\u2019s finest is coming to Bangkok for the Dot Property Southeast Asia Awards 2019", "body": "\n\nPreparations are underway for the fourth edition of the Dot Property Southeast Asia Awards, but this year promises something extra special. The award series will host its very first regional presentation ceremony in Bangkok to celebrate this year\u2019s class of winners from all around Southeast Asia.\n\n\nThe biggest and best real estate developers, projects, agents and companies supporting the industry will be in attendance at Park Hyatt Bangkok on December 12 for the Dot Property Southeast Asia Awards 2019 presentation ceremony and invitation-only Winners Party.\n\n\nBEATNIQ from SC Asset won the People\u2019s Choice Award for \u201cProject of the Year\u201d in Thailand\n\n\nThis year has already seen successful Dot Property Awards ceremonies held in Ho Chi Minh City, Bangkok and Manila with nearly 500 guests attending and 100 awards presented. The Dot Property Southeast Asia Awards 2019 serves as an end of year spectacular where the real estate industry can gather on the regional stage to celebrate.\n\n\nSee more:\n \nHistoric Dot Property Philippines Awards 2019 sees the country\u2019s best honoured\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSoutheast Asia\u2019s very first People\u2019s Choice Award for \u201cProject of the Year\u201d will be named during the presentation ceremony. Open to projects in every country, this award will be voted on exclusively by the public who will choose their favourite. Additionally, the Developer of the Year award will be presented to Southeast Asia\u2019s best firm in 2019.\n\n\n\u201cIt is a privilege to be hosting real estate\u2019s best from across the region at the Dot Property Southeast Asia Awards 2019 in our hometown of Bangkok. After successful events in Thailand, the Philippines and Vietnam, it is time to close the chapter on 2019 by honouring the region\u2019s best. Between the presentation ceremony and exclusive Winners Party at Penthouse, the Park Hyatt Bangkok\u2019s amazing rooftop venue, this is going to be a celebration you won\u2019t want to miss,\u201d Adam Sutcliffe, Director, Events and International Markets at Dot Property, says.\n\n\nSee more:\n \nImpressive Dot Property Vietnam Awards 2019 are a reason to celebrate\n\n\nWant to be a part of Southeast Asia\u2019s most exciting award series? There is still to enter. However, time is running out, so be sure to send in your entry form today!\n\n\nClick here to submit your entry\n\n\nThe winners celebrate their success at the Dot Property Vietnam Awards 2019\n\n\nNow in its fourth year, the Dot Property Southeast Asia Awards rewards the best in regional real estate, honouring the leading developers, projects and companies that contribute to the sector. Sponsors of the Dot Property Southeast Asia Awards 2019 include Leading Real Estate Companies of the World\u00ae and BoxBrownie.com.\n\n\nSee more:\n \nDevelopers, projects and agents honoured at Dot Property Thailand Awards 2019\n\n\nFor more information about Dot Property Events, please \nclick here\n\u00a0\u00a0 \n\n"} {"url": "https://www.dotproperty.com.my/blog/regal-london-agent-day-organised-dot-property-attracts-large-crowd", "title": "Regal London Agent Day organised by Dot Property attracts a large crowd", "body": "\n\nMore than 40 top real estate agents attended Regal London Agent Day organised by Dot Property on June 26 at the Siam Kempinski Hotel. The event provided leading luxury developer Regal London with an exclusive platform to showcase their London properties in Bangkok.\n\n\nLocal property professionals were provided the opportunity to meet with senior representatives from Regal London. They also had a chance to attend educational sessions on the London property market during the event. Savills, CBRE and RE/MAX Thailand were just a few of the agencies in attendance.\n\n\n\u201cWe were thrilled with both the quantity and quality of attendees at our recent agent event in Bangkok. The Dot Property team were very professional and ensured everything ran smoothly from start to finish. It\u2019s encouraging to see continued appetite for London property in Thailand and I know our campaigns with Dot Property will help elevate our brand and reach more of the market,\u201d Matthew Burgess, Regal London Head of Sales \u2013 Hong Kong, explained.\n\n\nRegal London was able to leverage Dot Property\u2019s network real estate agents to help with their efforts to expand into the Kingdom. Demand for UK property from local buyers has been growing in recent years and partnering with real estate agents in the country is an efficient way for developers such as Regal London to increase their reach.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWith more than 20 years\u2019 experience, Regal London has a proven track record of delivering outstanding residential-led, mixed-use schemes. The firm focuses on luxury developments and has more than 3,000 residential units completed or underway in the city. Regal London has offices in the UK, Hong Kong, China and the Middle East.\n\n"} {"url": "https://www.dotproperty.com.my/blog/region-top-for-luxury-retail", "title": "Region top for luxury retail", "body": "\n\n\n\nAsia-Pacific cities are the most appealing destinations for luxury retailers to set up shop according to a new report published by real estate consultant JLL.\n\n\nThe \nDestination Retail 2016\n report, published today (Monday) revealed the region boasts seven of the top 10 cities with the highest presence of luxury retailers.\n\n\nThe research, which for the first time provides a global ranking of cities by their appeal to cross-border retailers, found that Hong Kong is second only to London in its popularity. Also among the top 10 are Tokyo, Shanghai, Singapore, Beijing, Osaka and Taipei.\n\n\n\u201cHong Kong remains Asia\u2019s leading luxury shopping destination with many retailers using it as a springboard for expansion into Mainland China,\u201d said James Assersohn, Director of Retail for Asia-Pacific, JLL.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cWhile there has been a noticeable slowdown in luxury sales in the city due to China\u2019s slowing economy and the government\u2019s anti-corruption crackdown, Hong Kong continues to attract many high-spending Chinese tourists.\n\n\n\u201cMore broadly, the dominance of Asian cities in the index highlights the attractiveness of the region to retailers, thanks to its burgeoning middle classes and growing levels of affluence,\u201d explained Assersohn.\n\n\nTokyo, which takes fourth place globally, has seen a revival in luxury retailer\u2019s demand for high quality real estate as a result of an improving economic climate and rising tourism numbers.\n\n\nThe yen, which has devalued by nearly 30 percent since 2012, has made Japan a magnet for retail tourism across the region. International visitors to Japan rose 47 percent in 2015 over the previous year with the largest contingent being from Mainland China. A weaker yen is also encouraging Japanese citizens to make the most of their luxury purchasing power at home.\n\n\nShanghai, meanwhile, at number six in the ranking, is catching up fast on Hong Kong to become one of Asia\u2019s leading luxury retail destinations and still remains Mainland China\u2019s premier shopping destination\n\n\n\u201cThanks to a diverse economy and wealthy consumer base, Shanghai has become a favourite place for international brands to test the Chinese market and gain brand exposure, sometimes bypassing Hong Kong in the process,\u201d said Assersohn.\n\n\n\u201cOverall performance of the luxury sector will depend not only on economic growth, but on factors such as volume of travel and increase in the number of high income households.\n\n\nAs such, the strong growth in high income households forecast in Asian cities in the next 15 years should mean that Asia remains at the forefront of luxury spend growth, both domestically and abroad,\u201d he concluded.\n\n\nTop 10 Global Cross Border Luxury Retailer Attractiveness Index 2016\n\n\n1 London\n\n2 Hong Kong\n\n3 Paris\n\n4 Tokyo\n\n5 New York\n\n6 Shanghai\n\n7= Singapore\n\n7=Dubai\n\n9 Beijing\n\n10=Osaka\n\n10=Taipei\n\n"} {"url": "https://www.dotproperty.com.my/blog/regional-magazine-launched", "title": "Regional magazine launched", "body": "\n\n\n\nThe first Dot Property regional magazine is now available as a digital edition for readers around Cambodia, the regional and the world.\n\n\nAs the fastest growing property portal group in Southeast Asia, Dot Property\u2019s regional property magazine has a highly targeted audience made primarily of property investors, home buyers, renters, expats and property professionals. It is the latest way that property developers, real estate agents and anyone with products aimed at this sector can reach a growing and influential readership.\n\n\nThe \nquarterly publication\n is distributed digitally, and as a print edition throughout Asia\u2019s top hotels, property events, airports, private hospitals, embassies, expat clubs, restaurant, agent offices, caf\u00e9s and many other locations in Singapore, Hong Kong, Thailand, Malaysia, Philippines, Vietnam, Laos, Cambodia, Indonesia and Myanmar.\n\n\nOnline readers can access the \nDot Property regional magazine digital edition\n\u00a0here.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFor more information about the magazine, how to obtain a print copy and how to promote your own product within its pages email: \n[email\u00a0protected]\n.\n\n\nClick here to access the \nDot Property Regional Real Estate digital magazine\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/remax-for-malaysia-myanmar", "title": "RE/MAX for Malaysia, Myanmar", "body": "\n\n\n\nGlobal real estate franchise RE/MAX has reached significant milestones expanding its international influence. As part of a continuing global initiative, two master franchise sales and an improved online experience for global.remax.com visitors kicked off the first quarter.\n\n\n\u201cRE/MAX is the most productive real estate network and we\u2019re always looking for new, vibrant ways to expand international opportunities on behalf of our franchisees and consumers,\u201d said Larry Oberly, Vice President, Global Development of RE/MAX, LLC.\n\n\n\u201cOur growth around the world is due to the strength of the RE/MAX business model, which attracts entrepreneurial minded people with a variety of business backgrounds.\u201d\n\n\nIn the first quarter of 2016, RE/MAX sold two master franchises in Malaysia and Myanmar.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAndre Keller and Alex Gomez, region owners of RE/MAX Malaysia, are planning the opening of their first regional office in Kuala Lumpur. The duo plans to focus on working with younger professionals to provide career opportunities rooted in an innovative network, international brand power and advanced technology.\n\n\nRE/MAX Myanmar co-Region Owners Joseph Khoo, Ken Lim, Stephen Lee, Darrit Cho and Kaung Myat are expecting to establish a regional office in Yangon, the country\u2019s economic center. The group, with strong ties to RE/MAX Singapore, is looking forward to expanding the American-based franchise model, while creating higher professional standards within the local real estate community.\n\n\nThese recent global successes come on the heels of a successful 2015. Last year, four countries joined the RE/MAX network propelling the total number of RE/MAX agents outside the U.S. and Canada to more than 25,000, an annual growth of 15.4 percent. RE/MAX now has more offices in more countries than any other real estate brand.\n\n"} {"url": "https://www.dotproperty.com.my/blog/remax-malaysia-joins-dot-property-group", "title": "RE/MAX Malaysia joins Dot Property Group", "body": "\n\nAlva Horgan (left) of Dot Property with Taco Heidinga (right) of RE/MAX Malaysia\n\n\nAs Dot Property Group continues to expand across the regions, new partners hop on board the fast-moving train. It was back in February when RE/MAX Philippines signed with Dot Property Group and now, today, RE/MAX Malaysia has joined forces too.\n\n\nRE/MAX is a strong worldwide brand boasting more than 100,000 real estate agents in over 100 countries while Dot Property Group reaches more than one million active visitors across their websites in just one month. With such strong brand names, there\u2019s no doubt that this powerful duo will create an influence in the real estate market.\n\n\nAlva Horgan, Managing Director for Emerging and Frontier Markets at Dot Property Group, met with Taco Heidinga of RE/MAX Malaysia today during the RE/MAX Asia Pacific Convention that took place at The Grand Fourwings Convention Hotel Bangkok. She added, \u201cI look forward to working with RE/MAX Malaysia, which is a strong market for Dot Property Group and I\u2019m confident that this is a good step forward for both organizations.\u201d\n\n\nIt seems both companies are taking, not only Malaysia, but Southeast Asia by storm.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/remax-signs-with-dot-property", "title": "RE/MAX signs with Dot Property", "body": "\n\n\n\nThe Philippines business of global real estate franchise RE/MAX has signed a partnership deal with online property portal \nDot Property Philippines\n \u2013 part of the \nDot Property Group\n, one of Asia\u2019s fastest growing property media companies with operations in nine Southeast Asian countries,\n\n\nRe/Max boasts more than 100,000 real estate agents in 97 countries around the world, and see this partnership as one way to boost its competitiveness in The Philippines, where demand for property and real estate has been growing, The firm has 22 franchise businesses in the Philippines, and the new deal will see all of the RE/MAX property listings appearing on \nwww.dotproperty.com.ph\n.\n\n\nDot Property Group\n has more than one million users visiting its websites each month, searching for property to buy, rent and sell, as well as information to help its visitors make more informed decisions.\n\n\nAlva Horgan (pictured below left), Managing Director for Emerging and Frontier Markets for \nDot Property Group\n, said: \u201cI\u2019m extremely pleased that RE/MAXx has partnered with \nDot Property Group\n\u00a0in the Philippines.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cI am confident this can only be a win-win outcome for both organisations.\u201d\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/rent-property-furnished-unfurnished", "title": "Should I rent my property furnished or unfurnished?", "body": "\n\n\n\nHelp decide whether to rent your property on a furnished or unfurnished basis.\u00a0\n\n\nYou want your property to generate a healthy rental yield. One factor that could influence this is whether you rent it on a furnished or unfurnished basis. To help decide which is the best option for you, consider the following factors:\n\n\n1. Is the weekly rental amount affected?\n\n\nThe current market demand will dictate whether providing furniture will increase the rent. You may achieve a higher rent for a furnished property but you need to consider the initial outlay and maintenance of the furniture as part of your costs.\n\n\n2. Will void periods differ?\n\n\nLikewise is there more demand for furnished or unfurnished properties? This could influence how quickly the property lets and whether there are any periods between tenancies where no rent is generated.\n\n\n3. Should I provide electrical items?\n\n\nIt is the norm to provide a washing machine, air conditioning, fridge and oven, however additional items such as televisions, lamps and small kitchen appliances like kettles and toaster will vary. As a landlord you need to remember that you will need to replace these should they get broken.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4. What is the market you are aiming for?\n\n\nA family are more likely to have their own items of furniture whereas a professional tenant will like the ease of having everything provided for them. The property will influence whether furniture should be provided or not. This is especially the case for smaller properties where it may be hard to envisage the furniture that can be fitted in a small space so providing furniture is often the best choice.\n\n\n5. Will the length of the tenancy be affected?\n\n\nIn most cases unfurnished properties will experience longer tenancy terms simply because a tenant has taken the time and effort to fit all their furniture so it is unlikely that they will want to move again soon.\n\n\n6. Window dressings should be included.\n\n\nEven in an unfurnished property window dressings need to be provided whether you choose a black out blind or curtains.\n\n\n7. If you can, be flexible.\n\n\nBe open and consider offers on their individual merits even if these means providing certain furnishings. This way you will be able to let your property quicker.\n\n"} {"url": "https://www.dotproperty.com.my/blog/renting-spare-room-extra-cash", "title": "Renting out your spare room for extra cash", "body": "\n\nImage of NOVO Ampang developed by Alfranko Development Sdn Bhd\n\n\nHave you considered renting out your spare room for extra cash? The idea seems like a no-brainer if you have abundant space that isn\u2019t being used. But, before you start advertising your room for rent there are some points to be considered. Here are five tips to consider in order to successfully rent out your room for extra cash:\n\n\nEnsure you\u2019re allowed to rent a room out.\n This seems obvious, but if you are a renter you will need to check with your landlord first. Often times, subleasing is not an option in your rental agreement.\n\n\nDo your due diligence.\n Once you know you can rent out your room it\u2019s time to do your research. Every location, house type and room style will be priced differently and it\u2019s important you do not put a price tag too high or too low on your room. Check \nlocal real estate sites\n in your area to see what the average rental room costs.\n\n\nConsider additional costs.\n There are more costs to take into account when renting out a room. What else would you want to charge your new room tenant? Utility costs, cable and internet and whether the room will be furnished or not are points to factor into the room cost.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBe selective.\n Always interview potential renters, even if you might be eager to up your monthly income. Taking the first person who shows interest in your room might be detrimental. Consider even looking into their background such as credit scores, criminal history, current employment and possibly even other rental references.\n\n\nSet rules.\n After a successful interview process, it\u2019s important to set boundaries from the beginning. This will avoid negative interactions in the future. Keep in mind how the cleaning and food will be share, what kind of guidelines are set in place for having people over or late night parties and how costs like toilet paper and dish soap will be divided.\n\n\nOkay \u2013 now start with our first tip and begin renting out your spare room for extra cash!\n\n"} {"url": "https://www.dotproperty.com.my/blog/reserve-spot-dot-property-48-hour-mega-sale-thailands-biggest-online-property-sales-event", "title": "Reserve your spot at the Dot Property 48 Hour Mega Sale, Thailand\u2019s biggest online property sales event", "body": "\n\nThe Dot Property 48 Hour Mega Sale will be Thailand\u2019s biggest online property sales event in 2021\n\n\nThailand\u2019s biggest online property sales event returns in 2021 with more properties and bigger discounts. Registration is now open for the Dot Property 48 Hour Mega Sale and property seekers can secure their spot at the two-day event scheduled for August 27\nth\n and 28\nth\n. \nClick here to reserve your spot!\n\n\nThe Dot Property 48 Hour Mega Sale sees discounts of up to 40 percent placed on condominium units, villas, houses and other real estate in Bangkok, Phuket, Samui, Hua Hin and Pattaya. These never-before-seen prices are only made available during Thailand\u2019s biggest online property sales event.\n\n\nRegistering in advance for the Dot Property 48 Hour Mega Sale comes with several benefits. For starters, those who sign up today are eligible to participate in an exclusive sneak peek where you can view select discounts before the start of the event.\n\n\nSecondly, advance registrants can enter the Dot Property 48 Hour Mega Sale directly on August 27. That means you can be among the first to explore deals and message developers. This is the best way to secure the property you want during the sale because once a unit has been sold, it\u2019s gone for good.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhether you are searching for a place to call home, after a vacation property or want a strong investment, it will be available at Thailand\u2019s biggest online property sales event. The Dot Property 48 Hour Mega Sale features an exclusive collection of the Kingdom\u2019s best real estate at the lowest prices ever seen.\n\n\nLast year\u2019s event saw buyers from Thailand and overseas secure their dream home and helped set a Dot Property Group single-day record for website visitors. The sale promises to be even bigger in 2021 with greater synergy between Dot Property Group\u2019s five leading property portals, including Thailand-Property, Dot Property and Hipflat, ensuring increased visibility and attracting even more property buyers.\n\n\nDue to the heavy traffic expected during the Dot Property 48 Hour Mega Sale, we\u2019re encouraging everyone to register ahead of time. Not only will this provide you with direct access to the best deals as soon as the event begins, but you\u2019ll also be able to take part in an exclusive preview where you can see some of the discounts on offer. Don\u2019t wait, \nregister today!\n\n\nClick here to reserve the best discounts on Thailand property\n\n\nIf you\u2019re a developer interested in joining the Dot Property 48 Hour Mega Sale, contact us at: \n[email\u00a0protected]\n\n"} {"url": "https://www.dotproperty.com.my/blog/reserve-spot-thailands-largest-online-property-sales-event", "title": "Reserve your spot at Thailand\u2019s largest online property sales event", "body": "\n\n\n\nThe Dot Property Mega Sale is back, and this year promises to be bigger and better than ever. In addition to an in-person sale in Bangkok, there will also be an online event that home seekers from around the world can take part in.\n\n\nSeveral leading Thai homebuilders, including SC Asset, Raimon Land, Real Asset and Asset Wise, are set to display their projects online during the seven-day event. There will exclusive promotions and special packages only be available during the Dot Property Mega Sale so you don\u2019t want to miss it. Details will be revealed in the days prior to July 14. However, you can get the inside scoop on those before anyone else by \nregistering here\n.\n\n\nThailand\u2019s largest property sales event only comes around once a year. If you\u2019re interested in attending the Dot Property Mega Sale, be sure to register in advance here: \nhttps://contact.dotpropertygroup.com/megasale2022-b2c-en-projects/\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/residential-luxury-bangkok-reaches-new-heights", "title": "Residential luxury in Bangkok reaches new heights", "body": "\n\nRaimon Land is synonymous with residential luxury in Bangkok much in the same way Aston Martin is known for upscale automobiles or Louis Vuitton is recognized for designer handbags. And there is a very good reason for this.\n\n\nThe developer\u2019s efforts related to residential luxury in Bangkok are second to none. They even have the accolades to back this claim. A Raimon Land project has won Best Luxury Condominium at the Dot Property Thailand Awards for two consecutive years. It\u2019s recognition the developer is extremely proud of.\n\n\nIn 2020, \nThe Estelle Phrom Phong\n was bestowed with the honor while 2021 saw Tait 12 named \nBest Luxury Condominium\n. These two projects are unique in their own ways but show Raimon Land\u2019s expertise when it comes to curating residential luxury in Bangkok.\n\n\nRelated:\n \nYoung, dynamic buyers helping spur luxury condo sales for Raimon Land\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cThe Estelle Phrom Phong is located in the Sukhumvit area while Tait 12 is in the Sathorn area which is very different. Winning shows Raimon Land is able to adapt in very dynamic way and integrate the different personalities of each neighborhood by bringing in unique elements which makes each project unique,\u201d Stephane Michel, Chief Operating Officer of Raimon Land, said.\n\n\nSituated in Bangkok\u2019s bustling Sathorn district, \nTait 12\n stands 40-stories tall with its elegant exterior design featuring large glass panels unique for the city. The distinctive outside is complemented by stylish interiors which have been tailored to the needs of modern residents. Amenities, in particular, stand out with spaces for working and entertaining guests woven amongst more traditional areas.\n\n\n\u201cTait 12 has multiple floors of facilities on top of the building and this is just stunning. I think this will set the bar for other condominiums around Bangkok. It\u2019s not just enough to have a view, but in terms of the level of the facilities, the equipment, the green areas we have are just amazing. I\u2019d love for people to come see it for themselves,\u201d Michel noted.\n\n\nRaimon Land has elevated the concept of residential luxury in Bangkok with Tait 12. The emphasis behind the condominium wasn\u2019t simply to create a nice place to live. Every residential development aims to do that. Instead, the focus was to craft a quintessential living space for today and tomorrow.\n\n\nUltimately, Tait 12 is a place where constantly evolving lifestyles are supported and people can be at their best. That is a luxury money cannot buy.\n\n\nTait 12 is scheduled to be completed in 2023. Prices for a one-bedroom, 40 square meter unit start at THB10.2 million. For more information, \nplease click here\n. \n\n\n "} {"url": "https://www.dotproperty.com.my/blog/retailers-top-concerns", "title": "Retailers\u2019 top concerns", "body": "\n\n\n\nGrowing online sales will not deter retailers\u2019 physical store expansion plans in 2016 according to real estate firm CBRE in its seventh edition of How Active Are Retailers Globally?\n\n\nThe study featured more than 150 major international brands based in Americas, Asia-Pacific and EMEA.\u00a0While European countries dominate the target destinations this year, China is the top target market in APAC and the fourth most popular globally, with 27 percent of retailers looking to expand there. This is followed by Hong Kong in sixth position (24 percent), Japan in seventh (22 percent) and Singapore in ninth (21 percent). The top three globally were Germany (35 percent), France (33 percent) and the U.K. (29 percent).\n\n\nOther key highlights for APAC, according to CBRE, were:\n\n\n\n\nChina and Hong Kong maintained fourth and sixth place, respectively, whilst Japan (seventh), Singapore (ninth) and Australia (eleventh) all rose higher in the ranking, up from thirteenth, eighteenth and fifteenth positions, respectively.\n\n\nMost APAC markets saw increased interest for 2016 versus 2015, with the exception of China and South Korea which softened somewhat.\n\n\nInterest in Southeast Asia surged with Malaysia (10 percent), Indonesia (9 percent), Thailand (8 percent), Vietnam (8 percent) and the Philippines (8 percent) all receiving more than double the interest they saw in 2015, when all markets secured between 1 and 3 percent.\n\n\n\n\nWhen questioned about the risk factors for them in the coming year, brands indicated that real estate cost escalation (56 percent) and unclear economic prospects (42 percent) continue to be at the forefront of their minds.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDr. Henry Chin, CBRE\u2019s Head of Research for Asia-Pacific, said: \u201cWe\u2019re seeing more of a challenging economic environment, and concerns such as high operating costs and a lack of quality space means retailers are somewhat more wary this year.\n\n\n\u201cHowever, even as markets such as China and Hong Kong are seeing a slowdown, we see increasing numbers of opportunistic retailers looking to enter markets like Hong Kong, supported by strong underlying consumer demand.\n\n\n\u201cJapan and Australia remain attractive, while Southeast Asia showed strong growth due to opportunities for retailers around an expanding middle class and stronger economic growth.\u201d\n\n\n\u201cThere are still opportunities for retailers to grow their business in the Asia region \u2013 as underscored by the region having four of the top ten most popular destinations worldwide. The goal now for all brick and mortar retailers is to build an engaging offer that encourages people to stay longer and spend more,\u201d said Joel Stephen, Senior Director and Head of Retailer Representation, Asia at CBRE.\n\n\nPhysical Stores Still Key\n\n\nThe survey findings showed that 83 percent of brands suggest their physical store expansion plans for 2016 will not be affected by the growth of e-commerce. Meanwhile, from a retailer perspective, only 22 percent of the brands are concerned about stiff competition from online retailing as a threat to their business. At the same time, retailers are quite cautiously optimistic on physical sales network expansion. Out of those questioned, 17 percent have large scale ambitions with many retailers looking to open more than 40 stores (up from 9 percent in 2015) in 2016. The vast majority (67 percent) are looking to open up to 20 stores.\n\n\n\u201cA physical store presence in key locations is still critical to the strength of a brand\u2019s image. Stores still need to create an emotional affinity with shoppers, and customers still feel a need to go into stores, to physically touch a product and enjoy the feel-good factor associated with a particular brand experience.\n\n\n\u201cThe store is integral to the shopping journey and can be used in a number of different ways, such as to click and collect, research of the product or brand, or to test the product. It isn\u2019t solely about the transactional side,\u201d added Stephen.\n\n\nA new trend for 2016 saw a fifth of brands, largely from the Americas and EMEA, stating their intention to expand into travel hubs such as airports and train stations in 2016, as this will give them access to high footfall in busy locations. However, for APAC-originating retailers, shopping malls remained the most preferred destination by far at close to 90 percent.\n\n\nWhilst globally the key concern for brands in lease negotiations was \u2018lease length\u2019, APAC-originated retailers were most concerned with turnover rent clauses (known as GP) as the most important characteristic. The region\u2019s retailers were particularly concerned about changing consumer behavior (40 percent) which is higher than the global average (31 percent).\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/retire-in-southeast-asia", "title": "Where are the best places to retire in Southeast Asia?", "body": "\n\nMore expats opt to retire in Southeast Asia because it's affordable and has nice weather\n\n\nRegardless of if your retirement is happening this year or remains decades away, it\u2019s never good to start thinking about it. There is perhaps no larger decision than where. Many people choose to retire in Southeast Asia thanks to the low cost of living, outstanding weather and a chance to see a different part of the world.\n\n\nThose wanting to retire in Southeast Asia have no shortage of options. From stunning beaches where you can watch the sunset every evening to majestic mountain retreats, you are sure to find a place in the region that offers what you\u2019re looking for.\n\n\nWant to know where to retire in Southeast Asia? Here are the three top countries based on several factors including cost of living, ease of buying property, retirement visa policies and expat support.\n\n\n3 best places to retire in Southeast Asia\n\n\n3) Philippines\n\n\nLanguage:\n English\n\n\nCost of living:\n Est. USD 1,100 per month\n\n\nPopular retirement spots:\n \nCebu\n, \nLaguna\n, \nClark\n\n\nRetirement visa:\n Indefinite (If requirements met)\n\n\nThe beaches around the Philippines makes it a popular place for expats looking to retire in Southeast Asia\n\n\nThere are a lot of reasons expats opt to retire in the \nPhilippines\n\u00a0including the widespread use of English. Additionally, \nThe Special Resident Retiree\u2019s Visa issued by the Philippines\u2019 Bureau of Immigration\n\u00a0is among the best in Southeast Asia. Privileges include multiple-entry access with the right to stay indefinitely in the Philippines. Cost of living is also low, but not at the levels of Cambodia or Thailand.\n\n\nForeign property ownership is straightforward as well and many expats find property prices in the Philippines to be extremely attractive. Cebu has become a popular choice for Japanese and South Korean retirees while Laguna and Clark tend to be the preferred destination for Australian and Americans. You\u2019ll also find a number of Nordic and German retirees spread throughout the archipelago.\n\n\n2) Malaysia\n\n\nLanguage:\n Malay (English and Chinese widely spoken)\n\n\nCost of living:\n Est. USD 1,400 per month\n\n\nPopular retirement spots:\n \nPenang\n, \nKuala Lumpur\n\n\nRetirement visa:\n 10 year, multiple entry via MM2H\n\n\nPrices of luxury condos in Kuala Lumpur remain quite low when compared to elsewhere\n\n\nMalaysia has been a popular place to \nretire\n\u00a0in Southeast Asia thanks to the introduction of the Malaysia My Second Home (MM2H) programme. People who purchase a property and can prove they are able to support themselves without seeking employment are able to obtain a 10-year, multiple-entry visa. Family members are also eligible for the visa.\n\n\nCost of living in Malaysia is higher than almost all countries in the region apart from Singapore, however, it is still well below the US and Europe. Healthcare is also much cheaper in Malaysia than in the home countries of most retirees. Georgetown is a popular retirement spot for US expats due to its multicultural vibe, food scene, beaches and green areas. Kuala Lumpur has seen an influx of Hong Kong and Singaporean retirees in recent years while Melaka is now firmly on the retirement radar these days.\n\n\n1) Thailand\n\n\nLanguage:\n Thai (Some English spoken)\n\n\nCost of living:\n Est. USD 900 per month\n\n\nPopular retirement spots:\n \nPhuket\n, \nHua Hin\n, \nPattaya\n, \nChiang Mai\n\n\nRetirement visa:\n 1 year, renewable\n\n\nPhuket is popular with retirees wanting to enjoy the beach lifestyle\n\n\nThailand is the most popular choice for people wanting to retire in Southeast Asia, but the process to do so isn\u2019t always easy. Let\u2019s start with why people are so eager to spend their retirement in Thailand. For starters, there is the low cost of living and popular food scene. Additionally, there is a high standard for healthcare while being extremely affordable. The diverse locations and ease of domestic travel are also big draws. Finally, it is straightforward for foreigners to buy property in Thailand\n\n\nThere is a but, however. In order to obtain the retirement visa you\u2019ll need to either deposit THB 800,000 into a Thai bank account or prove you have a monthly income/pension of THB 65,000 or more. The visa is only good for one year, but you can renew it annually as long as you still meet the financial requirements. However, a Google search of \u2018Thailand retirement visa\u2019 will turn up no shortage of horror stories about the process. Alternatively, \nthe 10-year investment visa might be a better option for those who plan on buying property\n.\n\n\nRetirees in Thailand can be found up and down the country. Those wanting to relax by the beach prefer Phuket or Pattaya while Chiang Mai is a trendy choice for those wanting to enjoy the lush forests of the north. Hua Hin offers a bit of both with a beach and green mountains within reach.\n\n"} {"url": "https://www.dotproperty.com.my/blog/retire-in-the-philippines-live", "title": "Why retire in the Philippines and where should you live?", "body": "\n\nA growing number of people are choosing to retire in the Philippines\n\n\nThis is part two in a series on why you should retire in the Philippines. \nClick here to read part one\n. The entire article also appears in the current issue of Dot Property Magazine which you can\u00a0\nclick here to download\n.\n\n\nThe familiar language and culture of the Philippines offers some expats choosing to retire here a certain comfort level not found elsewhere in Southeast Asia. The Filipino culture can be found all over the world thanks to the country\u2019s large diaspora while widespread use of English ensures there is no language barrier for those coming from the US, Australia, Canada or the UK.\n\n\nOf course, there is much more to the Philippines than this. The country boasts a rich diversity of landscapes. You can enjoy everything from bustling city life to slow beachside relaxation in the country.\n\n\n\u201cThe Philippines has 7,107 islands to choose from and you can find a place to live that best suits your lifestyle. From the sophisticated facilities and convenience of urban areas, such as Makati and Bonifacio Global City, to the endless recreational opportunities found in the tourist friendly provinces, there\u2019s a lot of activities for you in the Philippines,\u201d Santos proclaims.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCebu is now a trendy retirement destination thanks to a growing city which has become a business hub and access to countless beaches. The opening of Terminal 2 at Mactan-Cebu International Airport has improved international connections with non-stop flights from Cebu to South Korea, Thailand, Malaysia, Japan, Hong Kong, China, Taiwan and Singapore now available.\n\n\nEven more connections will be possible later this year with Philippine Airlines set to resume a Cebu to Los Angeles route and Qatar Airways ready to launch service from Cebu to Doha.\n\n\nRetire in the Philippines and enjoy the natural beauty\n\n\nThose wanting something a little more remote choose Dumaguete which has become a retirement hub of sorts. Known as \u201cThe City of Gentle People\u201d, Dumaguete is popular thanks to its sparkling beaches and laidback ambiance.\n\n\nIn the north of the country, Laguna and Clark remain the preferred destination for Australian and Americans. Plenty of expat hangouts can be found all around these areas with the former US military base now part of the Clark Freeport Zone.\n\n\nNo matter where you wish to live in retirement, there are a few positives that can be found throughout the entire country. These include a low cost of living. According to research from International Living, most expats can live comfortably on USD1,000 per month in the Philippines. The total includes items such as dining out and domestic travel.\n\n\n\u201cWhat makes the Philippines a retirement haven is the affordable, yet quality way of life combined with the warmth and care only Filipinos can offer. The weather is another reason why more and more retirees choose the Philippines,\u201d Santos notes. \u201cThis is a good consideration for those retirees who suffer from health problems in extremely cold weather. The country also has world-class health care and medical facilities, another important consideration.\u201d\n\n\nMaking the decision to\u00a0retire in the Philippines\n\n\nFinding the right place will ensure you enjoy retirement\n\n\nChoosing to retire in the Philippines is a big decision. Especially if you haven\u2019t spent a lot of time there. Santos believes the best way to get to know the Philippines is to experience it for yourself.\n\n\n\u201cMy advice is to first visit and scout the country. Maybe more than once since there is so much to explore. Feel the rich culture, the warmth of the Filipinos and study the Philippine way of life. Then choose where to settle,\u201d Santos says. \u201cIn the Philippines, your retirement money will go a long way and you may be able to enjoy a lifestyle not possible in other locations.\u201d\n\n\nFinding where you want to live and then locating a property does take time. If you aren\u2019t sure where exactly you want to settle down, it may be best to rent a property for a few months in different locations. Experience what each area has to offer. And if you do fall in love with a specific location, then purchase a property.\n\n\nHaving a partner to guide you through the entire process can be helpful. Companies, such as Philsworld Documentation Services, have assisted countless international clients settle in the Philippines and understand your unique needs.\n\n\n\u201cWhether it is searching for a second home in the Philippines, acquiring a visa, establishing a business or finding a good investment in the country, we are always here to provide information and advice,\u201d Santos states. \u201cPrior to coming to the Philippines, we can place your application and make sure you know the easiest ways to complete all of the requirements. And if you want to explore while waiting for approval, we can help plan your itinerary, so you are able to make the most of a visit to the Philippines.\u201d\n\n\nPhilsworld Documentation Services also acts as a real estate consultancy assisting with all aspects of a property transaction. The company can help with property management as well if you need it. Additionally, the team at Philsworld Documentation Services is able to advise on the establishment of a corporation while also providing corporate secretarial services and information on government reportorial compliances when doing business in the Philippines.\n\n\nThe one-stop shop approach ensures you don\u2019t have to search all over to find information and support for your activities. It\u2019s all part of Philsworld Documentation Service\u2019s goal of helping international clients better understand everything the Philippines has to offer.\n\n\n\u201cWe are happy to give free advice regardless of if you proceed with the plans or not. Our team has a lot of knowledge and we love sharing it with those overseas so they can know about our country, the Philippines. We provide only quality service and convenience from completing the requirements to value-added aftersales service. And we do it all affordably,\u201d Santos concludes.\n\n\nFor more information on how Philsworld Documentation Services can help you retire in the Philippines, visit \nwww.philsworld.net.ph\n or email \n[email\u00a0protected]\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/richest-man-thailand-wants-build-bangkoks-tallest-building", "title": "The richest man in Thailand wants to build Bangkok\u2019s tallest building", "body": "\n\nGrand Rama 9 Tower aims to be Bangkok\u2019s tallest building but could be surpassed by a new project from Thailand's richest man\n\n\nThere is a lot of competition to be Bangkok\u2019s tallest building with developers now looking to top one another. Thailand\u2019s richest man, Charoen Sirivadhanabhakdi, revealed that his property development company, Asset World, plans to build a massive skyscraper along the banks of the Chao Phraya next to Asiatique.\n\n\nPlans for the ambitious project are scarce, however. The company did not reveal just how tall the building would be, nor have they set any kind of timeline. Part of that could be due to the fact a few other projects, such as Grand Rama 9 Tower, also want to be Bangkok\u2019s tallest building and could be daring them to announce a height first in order to surpass it.\n\n\nSee more:\n \nWho are Thailand\u2019s richest people?\n\n\nAsset World did reveal it is working with Adrian Smith + Gordon Gill Architecture on the tower. It was noted that the skyscraper would be a mixed-use project with a hotel, office space and a retail area all incorporated into the development. Asset World said it was already in talks with several prominent hospitality brands to see who would manage the hotel upon completion.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cIt embodies what our company aims to do \u2014 set new trends and lift the benchmark,\u201d \nAsset World Chief Executive Officer, Wallapa Traisorat, told local media\n.\n\n\nCharoen\u2019s companies are already working to build Bangkok\u2019s tallest building at another location. A 436 meters (1,431 feet) skyscraper is expected to be a part of the One Bangkok, a fully-integrated district adjacent to Lumphini Park. This tower would also have office space as well as a hotel and could be Bangkok\u2019s tallest building.\n\n\nThe race for Bangkok\u2019s tallest building\n\n\nDevelopers are building higher and higher as they look to hold the title of Bangkok\u2019s tallest building. At the moment, Magnolias Waterfront Residences is the city\u2019s record holder. The 318 meters (1,043 feet) superluxury residential tower is part of the ICONSIAM development. Completed in 2018, \nMagnolias Waterfront Residences\n are also located along the riverside in Bangkok.\n\n\nBefore that, King Power MahaNakhon was Bangkok\u2019s tallest building after being completed in 2016. The 314 meters (1,030 feet) skyscraper features an instantly recognizable design that stands out in the city\u2019s central business district.\n\n\nIf the new Asset World project wants to have staying power at the top of the list, it will need to keep an eye on the Grand Rama 9 Tower project which could soon be relaunched. The ambitious skyscraper would stand 615 meters (2,018 feet) if built. If being the key word here.\n\n\nThe project was first unveiled in 2014 but has undergone several delays as Grand Land, the developer that first announced the project, was purchased by retail powerhouse Central Group. The mall giant told local media it still has plans for Grand Rama 9 Tower and could launch the project as soon as this year.\n\n"} {"url": "https://www.dotproperty.com.my/blog/richest-people-southeast-asia", "title": "Where do Malaysian billionaires rank among the richest people in Southeast Asia?", "body": "\n\nIt\u2019s time to recognise the wealth of Southeast Asia.\u00a0\nASEAN is now the world\u2019s fifth largest economy\n, trailing only China and Japan in Asia. As the economies have grown, so too has individual wealth and now the region boasts 102 billionaires, according to Forbes. The richest people in Southeast Asia come from different backgrounds and made their money in different ways, but all are key figures in their home countries.\n\n\nSingapore has been passed by Thailand as the ASEAN country with the most billionaires. A total of 30 billionaires are now found in Thailand while only 22 call the city-state home. Indonesia continues to grow and now boasts 20 billionaires while the Philippines has 14. Forbes noted that ASEAN billionaires have a total value of USD 270 billion. Without further ado, here are the richest people in Southeast Asia.\n\n\nMalaysia\n\n\nRobert Kuok\n\n\nRobert Kuok\u00a0\n\n\nWorth:\u00a0\nUSD 14.8 billion\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNotable Holdings:\u00a0\nShangri-la Hotels\n\n\nSimilar wealth:\u00a0\nThai conglomerate boss Dhanin Chearavanont\n\n\nThe reclusive Robert Kuok counts Shangri-la Hotels as part of his holdings. His wealth came from Malayan Sugar Manufacturing, a company that had up to an 80 percent market share in the country during the later stages of the 20\nth\u00a0\ncentury. Kuok\u2019s group would merge with Wilmar International in 2007, which is run by his nephew.\n\n\nQuek Leng Chan\n\n\nWorth:\u00a0\nUSD 7.2 billion\n\n\nNotable Holdings:\u00a0\nHong Leong Bank, Guoco Group\n\n\nSimilar wealth:\u00a0\nNFL owner and truck bumper tycoon Shahid Khan\n\n\nQuek Leng Chan is a qualified UK barrister, but his legal skills aren\u2019t what he is known best for. He would take the reigns of Hong Leong Company, a massive conglomerate with financial, hospitality, real estate and media holdings. He recently retired as CEO of the company as part of a restructuring plan.\n\n\nThailand\n\n\nCharoen Sirivadhanabhakdi\n\n\nCharoen Sirivadhanabhakdi\n\n\nWorth:\u00a0\nUSD 17.9 billion (THB 558.6 billion)\n\n\nNotable Holdings:\u00a0\nChang Beer, Big C, TCC Land\n\n\nSimilar wealth:\u00a0\nReclusive construction magnate Pallonji Mistr\n\n\nReferred to locally as a beverage tycoon, Charoen Sirivadhanabhakdi is the man who took Chang Beer global. Both internationally and domestically, Charoen\u2019s ThaiBev manufactures and distributes all types of drinks including EST Cola, Coca-Cola and Pepsi\u2019s local competitor. He is also behind developer TCC Land. The firm\u2019s most notable project is the now under construction One Bangkok, the largest integrated district in Thai history.\n\n\nDhanin Chearavanont\n\n\nWorth:\u00a0\nUSD 14.9 billion (THB 465 billion)\n\n\nNotable Holdings:\u00a0\nCP Group, True, 7-11 Thailand\n\n\nSimilar wealth:\u00a0\nRupert Murdoch\n\n\nThe entire Chearavanont Family is estimated to be worth USD 31.9 billion (THB 995.7 billion) but patriarch Dhanin remains the wealthiest. The CP Group got its start in 1921 selling seeds in Bangkok and grew over the years as an agribusiness. It would begin to expand internationally in the 1970s. In the last 40 years, the firm diversified its business to include telecom, retail and restaurant holdings.\n\n\nVichai Srivaddhanaprabha\n\n\nVichai Srivaddhanaprabha\n\n\nWorth:\u00a0\nUSD 5 billion (THB 156.1 billion)\n\n\nNotable Holdings:\u00a0\nKing Power, Leicester City FC\n\n\nSimilar wealth:\u00a0\nRichard Branson\n\n\nUnlike other Thai billionaires on this list, Vichai Srivaddhanaprabha doesn\u2019t have a sprawling conglomerate. His focus is on King Power, the well-known, duty-free retailer. Anyone who has stepped foot in a Thai airport will likely have come across the brand. Vichai has used his wealth to purchase former English Premier League champions Leicester City while his company is the second largest shareholder Thai AirAsia, the domestic offshoot of the low cost airline.\n\n\nSingapore\n\n\nRobert and Philip Ng\n\n\nWorth:\u00a0\nUSD 10.8 billion (SGD 14.2 billion)\n\n\nNotable Holdings:\u00a0\nFar East Organization\n\n\nSimilar wealth:\u00a0\nChelsea owner Roman Abramovich\n\n\nThe Kings of Orchard Road have made their fortune as real estate developers. Their vision turned the sleepy Orchard Road into one of the world\u2019s great districts. The pair oversees Far East Organization, Singapore\u2019s largest private property developer. The company\u2019s hospitality arm operates 14,000 rooms across 90 hotels and serviced residences in seven countries while retail assets include the popular Orchard Central mall.\n\n\nGoh Cheng Liang\n\n\nWorth:\u00a0\nUSD 7 billion (SGD 9.2 billion)\n\n\nNotable Holdings:\u00a0\nNippon Paint (Southeast Asia)\n\n\nSimilar wealth:\u00a0\nHong Kong businesswoman Pollyanna Ch\n\n\nGoh Cheng Liang made his fortune in paint. He founded Wuthelam Holdings which would form a joint venture with Japan\u2019s Nippon Paint to produce and sell paint and coatings in several markets including China, India and Southeast Asia. Additionally, he is the largest shareholder in Nippon Paint.\n\n\nWee Cho Yaw\n\n\nWee Cho Yaw\n\n\nWorth:\u00a0\nUSD 6.6 billion (SGD 8.7 billion)\n\n\nNotable Holdings:\u00a0\nUnited Overseas Bank\n\n\nSimilar wealth:\u00a0\nApollo Global Management founder Leon Black\n\n\nThe man behind United Overseas Bank\u2019s massive growth in the past 50 years is Wee Cho Yaw. He took the bank public in 1970 and also oversaw its expansion into several areas such as property, insurance, lease financing and merchant banking. UOB now has more than 500 offices and operates in 18 countries across the globe.\n\n\nIndonesia\n\n\nBudi Hartono\n\n\nWorth:\u00a0\nUSD 17.4 billion (IDR 239.5 trillion)\n\n\nNotable Holdings:\u00a0\nDjarum, Bank Central Asia\n\n\nSimilar wealth:\u00a0\nLegendary investor Carl Icahn\n\n\nThe father of R. Budi Hartono took a bankrupt cigarette company and started rebuilding it. Hartono, along with his brother, would build on those foundations to create a worldwide tobacco products producer. Eventually his company would take over a majority stake in Bank Central Asia and is now developing the Hotel Indonesia in Jakarta.\n\n\nMichael Hartono\n\n\nWorth:\u00a0\nUSD 16.7 billion (IDR 229.9 trillion)\n\n\nNotable Holdings:\u00a0\nDjarum, Bank Central Asia\n\n\nSimilar wealth:\u00a0\nHong Kong developer Joseph Lau\n\n\nMichael Hartono is the aforementioned brother of R. Budi Hartono who helped build Djarum into a cigarette powerhouse. While not as wealthy as his sibling, Michael is right behind him.\n\n\nSri Prakash Lohia\n\n\nSri Prakash Lohia\n\n\nWorth:\u00a0\nUSD 7.4 billion (IDR 101.8 trillion)\n\n\nNotable Holdings:\u00a0\nIndorama Corporation\n\n\nSimilar wealth:\u00a0\nSingaporean paint powerhouse Goh Cheng Liang\n\n\nOriginally from India, Sri Prakash Lohia moved to Indonesia with his father after graduating from university. He would go on to found Indorama Corporation, a company best known for a component used to make plastic bottles. It also manufactures a number of other products such as polyethylene, polypropylene and medical gloves.\n\n\nDr. (HC) Ir. Ciputra\n\n\nDr. (HC) Ir. Ciputra\n\n\nWorth:\u00a0\nUSD 1.4 billion (IDR 19.2 trillion)\n\n\nNotable Holdings:\u00a0\nCiputra Development\n\n\nSimilar wealth:\u00a0\nSoftware technology guru Eugene Kaspersky\n\n\nThe 12\nth\u00a0\nrichest Indonesian is Dr. (HC) Ir. Ciputra, founder and chairman of Ciputra Development, Indonesia\u2019s premier real estate developer. He is best known for his commitment to entrepreneurship and \nwas named as one of Dot Property\u2019s Leaders of Real Estate in 2017\n.\n\n\nPhilippines\n\n\nHenry Sy\n\n\nHenry Sy\n\n\nWorth:\u00a0\nUSD 20 billion (PHP 1 trillion)\n\n\nNotable Holdings:\u00a0\nSM Prime, China Bank\n\n\nSimilar wealth:\u00a0\nElon Musk\n\n\nFrom a shoe store in Manila to 70 malls and a portfolio of hotels and commercial buildings, Henry Sy has been a catalyst for development in the Philippines. SM Mall of Asia is just one of the many major projects developed under his watch. The founder of SM Prime also holds a significant stake in China Bank and Banco de Oro in the Philippines.\n\n\nJohn Gokongwei Jr.\n\n\nWorth:\u00a0\nUSD 5.8 billion (PHP 302 billion)\n\n\nNotable Holdings:\u00a0\nRobinsons Land, Cebu Pacific, Summit Media\n\n\nSimilar wealth:\u00a0\nVacuum legend James Dyson\n\n\nJG Summit Holdings is one of the Philippines\u2019 largest conglomerates. Its holdings stretch from land to air with a stake in property and aviation outfits. Founded by John Gokongwei Jr., the company continues to expand its horizons with his sons and daughters playing a leading role at many of JG Summit Holdings\u2019 subsidiaries.\n\n\nEnrique Razon Jr.\n\n\nWorth:\u00a0\nUSD 4.9 billion (PHP 255 billion)\n\n\nNotable Holdings:\u00a0\nInternational Container Terminal Services, Solaire Casino and Resort\n\n\nSimilar wealth:\u00a0\nUber co-founder Garrett Camp\n\n\nEnrique Razon Jr. made his fortune through port-handling firm International Container Terminal Services (ICTSI) but his Solaire Casino and Resort is probably more famous. ICTSI operates 29 ports worldwide with Brazil, Mexico, Poland and Indonesia among the firm\u2019s locations. His Bloomberry Investments Holdings operate the Solaire and the Jeju Hotel and Casino in South Korea.\n\n\nVietnam\n\n\nPham Nhat Vuong\u00a0\n\n\nWorth:\u00a0\nUSD 4.3 billion\n\n\nNotable Holdings:\u00a0\nVinGroup\n\n\nSimilar wealth:\u00a0\nFinland\u2019s richest person Antti Herlin\n\n\nPham Nhat Vuong was Vietnam\u2019s first billionaire having taken the millions he made from an instant noodle business in Ukraine and founding VinGroup. This move would turn the millionaire into a billionaire. The real estate developer is active across all property segments.\n\n\nThi Phuong Thao Nguyen\n\n\nThi Phuong Thao Nguyen\n\n\nWorth:\u00a0\nUSD 3.1 billion\n\n\nNotable Holdings:\u00a0\nVietJet Air\n\n\nSimilar wealth:\u00a0\nUS president Donald Trump\n\n\nThi Phuong Thao Nguyen was the only female billionaire in Southeast Asia as of 2017 and is one of 56 to make the Forbes\u2019 billionaire list. Her holding company, Sovico, owns low cost airline VietJet Air as well as several resorts in Vietnam and Phu Long Real Estate Company.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/rise-in-outbound-investment", "title": "Rise in outbound investment", "body": "\n\n\n\nAsian outbound real estate investment reached another record high year during 2015, standing at US$ 62.4 billion \u2013 a 37 percent year-on-year increase according to research from real estate firm CBRE.\n\n\nUnderpinned by more active institutional investors from Singapore and China, 2015 saw a significant increase in big ticket transactions (deal size worth over US$ 500 million; up 167 percent year-on-year) and portfolio transactions (accounting for 28 percent of total Asian outbound investment turnover, up from 16 percent in 2014).\n\n\nActive sources of capital continued to be led by Singapore, China and Hong Kong, with an increase of outbound capital deployment at 58 percent, 41 percent and 49 percent year-on-year, respectively.\n\n\nOutbound investment into major gateway cities were more diversified. London, as the top destination of Asian investors, has contributed to a lower portion of outbound investment, decreasing from 17 percent in 2014 to 13 percent in 2015. On the contrary, other major gateway cities such as New York, Sydney, Shanghai and Hong Kong have all received a higher proportion of Asian investments in 2015.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe Americas have overtaken EMEA to become the top region attracting the largest share of Asian outbound investment, reaching US$ 22.4 billion (up 109 percent year-on-year). The Pacific region also saw significant increase of Asian investment (up 45 percent year-on-year). Meanwhile, growth rates in EMEA (up 7 percent year-on-year) and within Asia (up 12 percent year-on-year) are relatively moderate.\n\n\nAda Choi, Senior Director, CBRE Research Asia, said: \u201cFollowing the positive momentum of last year, Asian outbound investment has reached another record high year in 2015. The low yield environment in Asia continued to encourage investors to capitalize in markets offering higher potential returns.\n\n\n\u201cWe expect that the Asian outbound investment momentum will continue in 2016 as major players are still building up their global portfolios while other players are catching up.\n\n\n\u201cAsian institutional investors continued to lead outbound investment among the different investor types. While Chinese and Singaporean sovereign wealth funds completed a number of major portfolio deals outside Asia, insurance companies from China and Taiwan are increasingly expanding their overseas portfolios, and we saw more new insurance companies acquiring their first property outside their home country.\n\n\n\u201cProperty companies also became more active in the international market, particularly Singaporean groups which were involved in two major portfolio deals over the year.\n\n\n\u201cWhile we see dominance of the four major capital sources, namely Singapore, China, Hong Kong and South Korea, there is more activity coming from other parts of Asia, such as Taiwan and Thailand.\n\n\n\u201cThere is also more Japanese interest on the global investment market but they may take indirect investment routes via funds.\n\n\nMarc Giuffrida, Executive Director, CBRE Global Capital Markets, added: \u201cPerhaps the biggest highlight of the year is the huge increase in big ticket and portfolio transactions.\n\n\n\u201cOutbound volume with deal sizes of over US$ 500 million increased more than two-fold. However, experienced Asian investors have increasingly opted for purchasing portfolios to rapidly expand their market coverage rather than eye-catching headline trophy assets.\n\n\n\u201cGeographical diversification has been one of the top reasons behind investing in overseas real estates. This year we saw investments amongst the top global gateway cities becoming more evenly distributed; London received a reduced share of Asian investment while New York is catching up fast as the second most popular city, thanks to the relatively strong economic growth in the US.\n\n\n\u201cAlongside the diversification amongst gateway cities, Asian investors continue to increase exposure into other regional cities in the US such as Washington, Chicago, Los Angeles metro, Dallas and Houston for example. Germany and Spain have also received larger shares of Asian investments while Sydney still dominates transactions in Pacific.\n\n\n\u201cThe office sector remained the most-preferred asset class, but hotel and industrial assets continued to receive strong appetite from Asian investors.\n\n\n\u201cThe industrial sector recorded significant uptick in activity mainly driven by two major industrial portfolio deals closed in the US, due to the strong US dollar driving an increase of consumer spending on imported goods and the solid growth in e-commerce, translating into demand for warehouse space.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/rlc-residences-reached-peak-philippine-real-estate-2021-a", "title": "RLC Residences reached the peak of Philippine real estate in 2021", "body": "\n\nRLC Residences was accepts the honor for Developer of the Year at the Dot Property Philippines Awards 2021\n\n\nThis article appeared in the most recent issue of Dot Property Magazine. \nClick here to read it\n!\n\n\nRLC Residences may be a new name to the Dot Property Philippines Awards, but the firm behind the developer, Robinsons Land Corporation, is no stranger to success. For more than 30 years, that company has been a real estate leader, creating sought-after residential, commercial, hospitality and mixed-use destinations.\n\n\nThe revamped residential brand was rolled out last year in order to better serve the public under the \u2018Raise Live Connect\u2019 philosophy. Its efforts did not go unnoticed as RLC Residences was named Developer of the Year at the Dot Property Philippines Awards 2021.\n\n\n\u201cWe are honored and thrilled to be receiving the Developer of the Year Award. This award is affirmation that we are achieving and succeeding in our goal. It is also going to push us to keep doing better. Being nominated is an honor and winning is a double honor,\u201d John Richard Sotelo, Senior VP & Business Unit General Manager, Residential Division at Robinsons Land, proclaimed.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe highly-respected homebuilder concluded an impressive first year by taking home Best Luxury Condo Development for The Residences at The Westin Manila Sonata Place and Best Mid-Rise Condo Development for \nSierra Valley Gardens\n.\n\n\nRLC Residences pays close attention to the evolving needs of aspiring homebuyers and strives to fulfill the demand from young families and professionals for urban residences. The developer\u2019s portfolio of projects shows it understands what the public expects from a home and goes beyond that to elevate the residential experience.\n\n\nThe firm\u2019s beautiful, well-designed residential projects are the pride and joy of homeowners across the country. Whether it is providing more opportunities for leisure and relaxation with families and loved ones or tailoring spaces that ensure an optimal balance between work and home life, the homebuilder continues to set the bar for real estate.\n\n\nWinning the Developer of the Year Award at the Dot Property Philippines Awards 2021 is affirmation of its hard work, dedication and commitment to crafting extraordinary residential projects.\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/rlc-residences-shines-dot-property-philippines-awards", "title": "RLC Residences shines at the Dot Property Philippines Awards once again", "body": "\n\nThe team from RLC Residences celebrates at the Dot Property Philippines Awards 2022\n\n\n\n\nBest Developer Metro Manila\n\n\nBest Developer Sustainable Living\n\n\nPhilippines People\u2019s Choice Award for Project of the Year \u2013 AmiSa Private Residences.\n\n\nBest Sustainable Residential Development \u2013 Sierra Valley Gardens\n\n\nBest Beachfront Development \u2013 AmiSa Private Residences\n\n\nBest Condominium Architectural Design \u2013 The Sapphire Bloc\n\n\nBest Low Rise Condo Development \u2013 Woodsville Crest\n\n\nSpecial Recognition Award for Community Building\n\n\n\n\nLess than 12 months after winning Developer of the Year and several other honors at the Dot Property Philippines Awards, RLC Residences stood tall once again. The respected homebuilder collected eight more trophies in 2022, including Best Developer Metro Manila, the Special Recognition Award for Community Building and the highly coveted \nPhilippines People\u2019s Choice Award for Project of the Year for AmiSa Private Residences\n.\n\n\nMuch of RLC Residences success stems from its \u2018Raise Live Connect\u2019 philosophy that aspires to elevate the entire experience for its homebuyers and residents. The developer aims to create places where people can flourish and that is one of the reasons it was presented with the Special Recognition Award for Community Building.\n\n\nThat work, alongside numerous sustainability and eco-friendly initiatives, helped RLC Residences win Best Developer Sustainable Living at the Dot Property Philippines Awards 2022. Elsewhere in the developer categories, the firm scooped up Best Developer Metro Manila.\n\n\nRLC Residences collects the award for Best Developer Sustainable Living\n\n\nFour projects from RLC Residences were honored this year with AmiSa Private Residences landing two awards: Best Beachfront Development and Philippines People\u2019s Choice Award for Project of the Year.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSierra Valley Gardens\n was a winner once more. This year it was named Best Sustainable Residential Development after picking up Best Mid-Rise Condo Development in 2021. The Sapphire Bloc and Woodsville Crest were also presented with project awards.\n\n\nBy paying close attention to the ever-changing needs of aspiring homebuyers and striving to fulfill the demand from young families and professionals for urban homes, RLC Residences has once again proved itself to be among the best developers in the Philippines.\n\n\nRead More:\n\u00a0\nSMDC and RLC Residences lead an impressive collection of winners at the Dot Property Philippines Awards 2022\n\n"} {"url": "https://www.dotproperty.com.my/blog/role-climate-change-real-estate-investment", "title": "What role is climate change having on real estate investment?", "body": "\n\nDeveloper Lendlease factored in the short- and long-term impacts of climate change when designing One Sydney Harbour\n\n\nRental yields, capital appreciation and location are a few of the factors that usually drive real estate investment decisions. However, developer Lendlease is seeing more and more investors concerned about the impact climate change may have on a property.\n\n\n\u201cIn our conversations with investors over the years, it is very clear more are not just aware of the impact of climate change but also asking what developers are doing to adapt to it. The focus is now about resilience, both in how the asset is equipped to deal with the physical aspects of a changing climate but also how the asset can adapt to corresponding changes in the way society will live, work and play,\u201d Eric Chan, Head of Practices, Asia and Project Director of TRX Residences, states. \u201cWe believe that there has to be a combination of the two elements of built environment and its community to create good levels of resilience.\u201d\n\n\nFailing to understand the impact climate change is already having on real estate investment will end up costing investors in the long run. That means it is increasingly important to examine what a developer is doing to ensure their projects have the resiliency necessary to achieve strong returns and capital appreciation both today and well into the future.\n\n\n\u201cThat is precisely why they need to pay heed to a development\u2019s sustainability credentials because their goal is to secure good returns on their investments over the long run, up to decades. They need to know the buildings they invested in will stand the test of time and are designed to be adaptable, resilient and sustainable,\u201d Chan points out.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAn example of this can be found at TRX Residences, the residential component of Lendlease\u2019s The Exchange TRX in Kuala Lumpur. The homebuilder has incorporated climate resilient design features that take into account physical risks from climate change events, such as heat waves, wildfire and flooding, that are immediate and severe. Additionally, chronic challenges like water scarcity, temperature increase and rising sea levels that will affect developments incrementally over a longer time period have also been addressed.\n\n\n\u201cAt TRX Residences, we pay attention to ensure that the sustainability initiatives directly and actively benefit our residents. For example, incorporating a mechanical ventilation system throughout each residential unit ensures good circulation and fresher air thus reducing the risk of inter-unit contamination. Besides that, optimal design, right materials and low-energy appliances also contribute to lower utility costs,\u201d Chan details.\n\n\nHowever, climate change is not bound by borders. For a developer like Lendlease that is active in multiple countries, the firm must not only understand how its impact varies from location to location, but they also must consider local regulations.\n\n\nThe homebuilder\u2019s One Sydney Harbour development is an example of that approach. Located in Barangaroo, \nAustralia\n\u2019s first certified carbon neutral precinct, the project features a number of innovations tailored to its surroundings.\n\n\nEric Chan, Head of Practices, Asia and Project Director of TRX Residences\n\n\n\u201cFrom construction to ongoing cooling of buildings at One Sydney Harbour, we are ensuring we are as green as we can be, right down to removing heat from the water used for air conditioning before we return it to the harbor. Going beyond requiring water efficient appliances in every building, we also created a lot of water catchment areas to capture rainwater, and mine the adjacent public sewer for additional recycled water,\u201d Chan says. \u201cMore than 80 percent of the operational waste from residential and commercial buildings are diverted from the landfill as well, among many other sustainability initiatives beyond planting lots of greenery.\u201d\n\n\nSydney and \nKuala Lumpur\n are two different cities that are being impacted by climate change in unique ways. The one constant is an increased awareness among consumers of the issues it causes. Lendlease notes this is already changing real estate investment preferences globally.\n\n\n\u201cThanks to climate change and growing scrutiny by consumers, more and more investors are valuing not just sustainable developments but ones that can respond to the needs of the community for the longer term and resilient to further climate change impact,\u201d Chan states. \u201cBuilders are aware they need to start looking beyond the dollars and cents, because the value of their development is no longer just that.\u201d\n\n\nMaking sure sustainability maintains livability\n\n\n\n\nWhile climate change is affecting real estate investment in new and unforeseen ways, it\u2019s vital for developers not to lose sight of the fact people must want to live in these places. Resilience is one aspect of the residential experience. Livability is another important element that needs to be factored into the equation.\n\n\n\u201cSustainability is not just about going green. Especially for homes, it should be about placemaking\u2013to enliven the spaces and communities around the home. This is a collaborative process because every community has its own nuance and quirks, and the development has to mesh seamlessly with the location it sits within to thrive and be a place you want to live in,\u201d Chan explains.\n\n\nHe continues, \u201cAnd it goes without saying that homes should be well connected. There should be provisions for alternate commuting modes to and fro the home \u2013 not just public transport and roads but end-of-trip facilities if you should choose healthier options like biking or running.\u201d\n\n\nFor homes and buildings to be sound, long-term investments, they must be able to last for decades. However, climate change poses a real and significant threat to that. For Lendlease, that requires the incorporation of meaningful greening that actually creates places capable of responding to the physical risks of climate change proactively.\n\n\n\u201cWhat buyers appreciate most about our developments is that we go beyond just going green. Sustainability also means longevity\u2013where the project\u2019s value keeps appreciating well into the future. To achieve this, we engage with experienced property managers and incorporate lessons learned from different parts of the world to ensure a high level of building management efficiency even years after handover,\u201d Chan concludes.\n\n\nLearn more about One Sydney Harbour and TRX Residences in Singapore\n\n\nLearn more about TRX Residences at The St. Regis Singapore on July 23-24\n\n\nFor the very first time, Lendlease will be holding a roadshow for overseas investors under its new residential offering \u2013 Lendlease Living.\n\n\nKicking off the first global tour from Singapore, the roadshow, to be held at The St. Regis Singapore on 23 and 24 July, will feature two of Lendlease\u2019s premier residential projects available now \u2013 Malaysia\u2019s TRX Residences and Australia\u2019s One Sydney Harbour.\n\n\nThe roadshow in Singapore will also mark the launch of sales in Asia for One Sydney Harbour\u2019s third and final residential tower, Watermans Residences, nestled in the highly sought-after waterfront precinct of Barangaroo South in Sydney.\n\n"} {"url": "https://www.dotproperty.com.my/blog/role-property-play-world", "title": "What role does property play in the world?", "body": "\n\n\n\nResearch reveals how real estate is growing and is the highest valued global asset class.\n\n\nWe all love property. Whether that is a chat about it with friends, \nworking out how much our home is worth\n, changing the layout or interiors of our living room or simply investing in a condominium for our children.\u00a0In fact \nMalaysians strive to be homeowners\n more than the rest of the world and there is good reason we are repeatedly told to get onto the \nproperty ladder\n\u00a0in order to safeguard our future. But now there is even better reason.\n\n\nResearch conducted by real estate firm Savills estimate the world\u2019s real estate is valued at USD 228 trillion. This is a rise of five percent from 2016 proving why it is a good investment asset class. This is especially the case if you compare property to other asset classes. All gold ever mined totals USD 6.5 trillion and stocks, shares and securitised debt accumulates to USD 170 trillion. Plus yearly GDP for 2015/2016 has only grown by 2.3 percent.\n\n\nProperty is tangible and we all need somewhere to live and work. Subsequently it performs well. Commercial property is growing the fastest increasing by seven percent. It has outperformed global bonds that only grew two percent, but global equities took the lead growing nine percent.\n\n\nHowever residential property holds the highest value. Consisting of 75 percent of all real estate stock valued to be worth USD 168.5 trillion. A result of the world\u2019s growing population that leads to 2.05 billion households across the world. Average homes therefore cost USD 82,000. Despite seven percent of the world\u2019s population being in North America it holds 22 percent of the residential property assets. Europe trumps this with 23 percent value but has marginally more people at 11 percent.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhilst much of the is wealth concentrated in the developed corners of the globe, the less developed countries undoubtedly have the most potential. 19 percent of the world population live in the Middle East and Africa but only 6 percent of the overall global residential property value is held here. The value of property in Asia is growing too with many seeing property as important asset class spurring on its value.\n\n\nIf you would like to increase the world\u2019s real estate worth by increasing more value to your property view our online blog \nhere.\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/rucksack-caratel-collects-award-best-hotel-malacca", "title": "The Rucksack Caratel collects its award for being Malacca\u2019s best hotel", "body": "\n\nSunniya Kwatra (left), International Business Development Manager at Dot Property, with Mellissa Seah (right), Brand & Marketing Executive, The Hip and Happening Group \n\n\nThe Rucksack Caratel was selected as Best Hotel Malacca at The Dot Property Malaysia Awards 2017. The property, \nwhich has an amazing two-page feature in the newest issue of Dot Property Magazine\n, was recently paid a visit from the Dot Property team.\n\n\nSunniya Kwatra, International Business Development Manager at Dot Property, visited the hotel to hand Mellissa Seah, Brand & Marketing Executive, The Hip and Happening Group, The Rucksack Caratel\u2019s award.\n\n\n\u201cWe\u2019re pleased to be presenting this award to The Rucksack Caratel. The Hip and Happening Group has created a wonderful hotel that has proven to be popular with guests visiting Melaka. The property\u2019s outstanding location and unique features makes it a must-stay for anyone coming to this bustling city,\u201d Kwatra explained.\n\n\nThe judges noted that The Rucksack Caratel\n\u00a0has brought about a refreshing change to the Peranakan-themed accommodations found in Melaka. The hotel\u2019s signature caravan theme was inspired by road trips the owners had taken around the world and this has managed to capture the imagination of guests staying at The Rucksack Caratel.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/safari-living-at-its-best", "title": "Safari living at its best", "body": "\n\n\n\nGondwana Game Reserve in South Africa is offering holiday homes for nature lovers, beach goers and golfers too.\n\n\nGondwana Game Reserve is a five-star bush resort in the heart of the \u2018Garden Route\u2019 where owners can not only seek out the \u2018Big Five\u2019 amid 27,000 acres of spectacular South African wilderness, but can easily complement their safari holiday with year-round swimming, surfing or golf. Thanks to favourable exchange rates Gondwana is currently also a bargain-hunter\u2019s dream.\n\n\nLocated 30-minutes inland from the coastal town of Mossel Bay, Gondwana is the only game reserve in the Southern Cape with property for sale.\n\n\nIts accessible location in the \u2018Garden Route\u2019, renowned for its beautiful coastline, offers multiple lifestyles in one place. Owners are able to maximise the use of their holiday home and make their investment go that bit further.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFreehold title plots with 2.5 acres of space start from ZAR 1 million / \u00a344,288 / THB 2.4 million, whilst stylish turnkey thatched lodges with three-bedrooms and a wrap-around verandah for enjoying barbecues and sundowners are available at ZAR 3.5 million / \u00a3155,000 / THB 8.41 million.\n\n\nGondwana offers its private residence owners the ultimate luxury with space to enjoy the natural surroundings, and with no neighbours in sight of your home.\n\n\nGondwana is a place where the \u2018Big 5\u2019 game (lion, elephant, buffalo, rhino and leopard) roam free, but where you can go surfing or golfing a few miles down the road. It has 27,000 acres of beautiful and what feels like remote African bush, with views that stretch across valleys to the majestic Swartberg, Langeberg, and Outeniqua mountain ranges.\n\n\nThe beach is less than 30 minutes away. Mossel Bay is a charming town with a number of huge, unspoilt beaches as well as a good range of restaurants and shops for picking up groceries. Numerous championship seaside golf courses are also within easy reach.\n\n\nAnother big draw of this location is the proximity to cosmopolitan Cape Town and the Cape Winelands, which makes for a vibrant city break or wine country weekend.\n\n\nGondwana has 15 residential home sites left for sale. The homes are complemented by an Afro-chic owners\u2019 club house with an infinity pool and a boutique five-star lodge with a bush spa and gourmet restaurant. Residents have access to bespoke safari-style services such as game drives with expert field guides, housekeeping, private chefs, babysitting and transfers.\n\n\nFrom Johannesburg or Cape Town you can take a one-hour inland flight to George Domestic Airport followed by a 45-minute transfer to Gondwana. Alternatively, it\u2019s an easy four hours\u2019 scenic drive on the \u2018Garden Route\u2019 from Cape Town.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/sales-lead-comes", "title": "What should I do when a sales lead comes in?", "body": "\n\n\n\nIf you\u2019re a real estate agent or developer, getting leads is a challenge. Unless, of course, you\u2019re using Dot Property where our listings receive a market leading number of leads each month. Once you have leads coming in, you are going to have to nurture them.\n\n\nThis nurturing converts leads into sales and takes real estate agencies and developers to the next level. Next time a lead comes in, don\u2019t panic or get too excited. Instead, take a deep breath and do these three things.\n\n\nSee more:\n \n4 hacks for successful real estate agents\n\n\n3 tips to successfully handle a lead\n\n\n1) Respond quickly\n\n\nThe first hurdle is where many real agents fall when it comes to nurturing a lead. Instead of responding immediately, they sit on it for a few days or, even worse, ignore it completely. Why they do this, we\u2019ll never know, but if someone shows interest in the property you\u2019re selling, get back to them as soon as possible.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThis response doesn\u2019t need to be overly verbose or even answer all of the lead\u2019s questions. But you should thank them for their interest and indicate a time frame in which you will respond more in depth. It takes less than a minute and could be the key to making the sale.\n\n\n2) Ask questions\n\n\nThe only way you can truly help a lead is by knowing what they want, how much they are willing to spend and any special requests they may have. Not every lead that comes in is going to want the property they inquire about. However, you can always provide them with good alternatives if you know what they are looking for.\n\n\nThis can only be done by asking questions. So, when you call or sit down with the person who has inquired about a property you represent, take some time to get to know them on a personal level and learn more about what they are actually searching for.\n\n\n3) Guide them through the process\n\n\nFrom viewings to making an offer to closing the sale, you need to be an ever-present figure during the process. Buying a property, whether it is for investment or end use, can be a taxing experience. It is up to you to help them get over the line. To this end, it is always better to assist a sales lead instead of telling them what to do.\n\n"} {"url": "https://www.dotproperty.com.my/blog/samujana-crown-jewel-koh-samui", "title": "Samujana: The Crown Jewel of Thailand\u2019s Koh Samui", "body": "\n\nSamujana can be found on the cover of the latest issue of Dot Property Magazine. \nClick here to download the special double issue\n.\n\n\nThe events of the past six months probably have you dreaming about owning a luxurious villa in some faraway tropical paradise. A destination where all you have to worry about is relaxing. A place where the only people that can find you are the ones you want to find you. Chances are your dreams look exactly like Samujana.\n\n\nThis stunning villa estate on Thailand\u2019s resort island of Koh Samui has become one of Southeast Asia\u2019s most iconic residential projects. With a rare blend of modern architecture, idyllic surroundings and world-class service, Samujana is without a doubt the Crown Jewel of Koh Samui.\n\n\nThe upscale development is located between Chaweng and Choeng Mon beaches on the island\u2019s most coveted land plot. Perched on a hill overlooking the beautiful blue waters of the Gulf of Thailand, you can enjoy panoramic ocean and island views that will leave you speechless.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPrivacy and space are paramount at Samujana and you will enjoy a laid-back lifestyle here that offers total peace. The estate\u2019s meandering paths take you through a well-maintained, living tropical landscape to a quiet coral cove. Stand along the water\u2019s edge and marvel at the crystal waters or enjoy the view from your private residence. The choice is yours.\n\n\nWhen you spend time at Samujana, it slows down and becomes your own. More importantly, it becomes time you cherish forever.\n\n\nNo expense spared in pursuit of perfection\n\n\nGary Fell of Gfab Architects was the design mastermind behind Samujana\n\n\nKnowing they had one of the most stunning pieces of land in the entire world, the developers behind Samujana believed they had to deliver a project that was truly special. This is why they spared no expense in crafting a masterpiece.\n\n\nGary Fell of Gfab Architects was entrusted to design Samujana. His grand vision for the project began with the idea of preserving the incredible site while building the villas around natural features he encountered. This means several villas have mature trees and rock formations incorporated into the residences.\n\n\nBudget and space were no obstacle for Fell, who was empowered to make each villa perfect in its own, unique way. Residences do share some similarities. For example, the living spaces surrounding the pool, including the living room, dining room and kitchen, are incredibly large to add a feeling of liberty and openness.\n\n\nAn important decision was made to use sturdy, hardwearing natural materials in each villa instead of imported designer items. This goes back to the importance of preserving the site and creating something magical as opposed to a place that was luxurious but familiar. Luxury can come in many forms. However, it\u2019s provided in a way you\u2019ve never experienced before at Samujana.\n\n\nThere have been no compromises when it comes to the specifications and building materials used in the villas. Each one features superb quality kitchens and bathrooms that are interwoven with the open spaces. Select villas even contain cinemas and gyms for an extra level of luxury. Ultimately, no two villas at Samujana are alike, but they are all a sight to behold.\n\n\nEvery bespoke villa is a celebration of modern architecture, nature and tranquility. It is a place of quiet in a noisy world. A testament that perfection does exist if you know where to look.\n\n\nWorld class service\n\n\nAmazing views are standard at Samujana\n\n\nWhen you own one of the ultra-luxurious residences, you get far more than a dream property in one of the world\u2019s most beautiful locations. You receive complete peace of mind thanks to the five-star level of service provided. A thoroughly trained operating company manages the estate.\n\n\nWhat\u2019s more, each villa has dedicated managers and staff responsible for cleaning and housekeeping as well as coordinating with maintenance, gardening and pool service staff to ensure the residences are kept in prime condition. These managers can also support any requests you may have and help facilitate anything you may want during your time at Samujana.\n\n\nShould you need to return to the real world, it\u2019s possible to rent out your villa via the exclusive Samujana rental and villa management program. Unlike other rental schemes, this is tailored completely around your usage and needs. There are no restrictions on when or for how long you stay in your villa. All you need to do is work out what dates you will be there with your villa manager and they will take care of the rest.\n\n\nAdditionally, Samujana has its own marketing and reservation team that has been building the estate\u2019s name and reputation globally over several years. The estate has been featured in some prominent global publications and reviewed by leading travel experts who have all spoke glowingly about the estate.\n\n\nOwning a villa here isn\u2019t just about today or tomorrow. It is a legacy. Something that will withstand the test of time to endure. Perhaps this is best summed up by the Samujana vision:\n\n\n\u201cWe are cultivating an iconic, luxury estate community, whose legacy is one of privacy, security and calm, where people can take the weight of the world off their shoulders and be cared for by world class staff. We want Samujana to still be considered one of the world class villa estates 50+ years from now.\u201d\n\n\nAn extraordinary opportunity\n\n\nThis three-bedroom villa is is open, airy and spacious. It can also be yours.\n\n\nVillas in Samujana do not hit the market very often. With only 27 villas, owning one is among the most exclusive opportunities in the world. It is undoubtedly the acquisition of a lifetime.\n\n\nAt the moment, there are two villas currently available. The first is an absolutely incredible three-level residence with a dazzling array of amenities. There are multiple decks and open spaces offering picture-perfect views of the scenery. You can take a dip in the swimming pool, keep fit in the personal gym or unwind with a massage in the private spa.\n\n\nThe five bedrooms have been spaced out across three levels with no adjoining rooms or connecting walls. Trees, greenery and natural features were left in place for added privacy. Anyone who sees this villa is left in awe of the wonderful design.\n\n\nYou can enjoy a special offer on this incredible three-level residence with a dazzling array of amenities\n\n\nThe second villa currently available at Samujana has three bedrooms and is centered around a marvelous living/dining room that captures the spirit of the estate. It is open, airy, spacious and places the otherworldly surrounds right at your doorstep.\n\n\nThis villa is also notable for the rock feature that was left undisturbed. By building around these rocks, Fell and Gfab Architects have designed a villa that is a work of art. It is a residence with unmatched beauty.\n\n\nA special offer is currently available for these villas at Samujana. Interested buyers can request more information and find out about the purchasing process by contacting:\n\n\nDiah Intan Maulidya\n\n\nEmail:\n \n[email\u00a0protected]\n\n\nPhone:\n +66 061-201-1170\n\n\nwww.sales.samujana.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/sathorns-newest-residential-icon-brings-modern-living-bangkoks-cbd", "title": "Sathorn\u2019s newest residential icon brings modern living to Bangkok\u2019s CBD", "body": "\n\nSathorn\u2019s newest residential icon offers bespoke residences and amenities to meet the needs of modern residents \n\n\nSathorn has quickly become a trendy place to live over the past few years. Bangkok\u2019s CBD boast a growing array of upscale restaurants and happening spots in addition to being home to countless companies. The vibrant neighborhood appeals to those seeking the best life has to offer.\n\n\nNow one residential development is combining this energy with modern contemporary designs and expansive green areas to create a living experience unlike any other found in Sathorn. Supalai ICON Sathorn is an impressive 56-story condominium that will be the pride of homeowners for decades to come.\n\n\nThe stylish tower will be easily recognizable throughout Bangkok\u2019s CBD. But what\u2019s inside is set to surpass the splendid exteriors. It starts with the natural surroundings at Supalai ICON Sathorn. A total of three rai (4,800 square meters) have been set aside for gardens, trees and other green spaces. This creates a serene ambiance most people expect from their home.\n\n\nSupalai ICON Sathorn features numerous green spaces\n\n\nRecreation and entertainment are also important parts of home life. In this regard, Supalai ICON Sathorn empowers residents to enjoy the things they love without needing to be inconvenienced.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nActive lifestyles are supported with the inclusion of a modern fitness center, yoga area, group cycling studio, climbing simulator and more. Family-friendly features, including a kid\u2019s room and playground, offer fun for everyone. Meanwhile, entertainers will find a movie club and sky lounge to be the ideal place for hosting.\n\n\nThere is no more valuable resource than time in a person\u2019s life. And by providing amenities suited to all lifestyles, \nSupalai ICON Sathorn\n ensures residents don\u2019t squander it traveling all over town to pursue their passions.\n\n\nSathorn\u2019s newest residential icon caters to modern life\n\n\nThese days, modern professionals expect more from their home. More space. More technology. More convenience. It was important for designers to not only fulfill these requirements, but to do so in a way that guaranteed a bespoke residence.\n\n\nSupalai ICON Sathorn features one- to four-bedroom suites with sizes starting at a robust 42 square meters. This spaciousness was combined with a home automation system, digital door locks and a number of other innovations to curate a modern living experience.\n\n\nAn iconic location\n\n\nWhen creating ICON Sathorn Supalai, developer Supalai was very purposeful in its design understanding the unique plot of land the development sits. This site was formerly home to the Australian Embassy in Bangkok and was very well known for its lush greenery which was visible to just about anyone driving past it.\n\n\nIn many ways, this project carries on the site\u2019s legacy and even takes it one step further. ICON Sathorn Supalai is helping write the next chapter of Sathorn and residents will be there to see the story unfold.\n\n\nLearn more about how you can secure a residence in ICON Sathorn Supalai\n\n"} {"url": "https://www.dotproperty.com.my/blog/savills-bolsters-property-management-operations-asia-merx-group-acquisition", "title": "Savills bolsters its property management operations in Asia with Merx Group acquisition", "body": "\n\nMerx CEO William Forwood will also serve as Managing Director, Savills Project Management Asia\n\n\nSavills acquired the Merx Group of companies as it ramps up its property management operations in Asia while adding to its real estate consulting capabilities. Merx has more than 20 years of experience in the region and has worked with a number of blue chip clients.\n\n\n\u201cSavills existing project management platform across APAC already consists of approximately 350 professionals located across Mainland China, Hong Kong, Japan, South Korea, India, Singapore, Malaysia, Australia and New Zealand,\u201d Christian Mancini CEO Asia Pacific (ex-Greater China), explained. \u201cProject Management, as a service line in its own right, is key to our strategy for the region, as well as providing support and technical input to other service lines: transactional, property management and consulting services.\u00a0 We recognize the knock-on value which this partnership will deliver for Savills and our clients.\u201d\n\n\nAs part of the deal, Merx CEO William Forwood has been appointed as Managing Director, Savills Project Management Asia while continuing in his role of Group CEO. Forwood led a team of some 50 professionals with vast multi-sector experience covering workplace, data centers, industrial, hospitality and retail requirements across Asia.\n\n\n\u201cThe joining of forces between Merx and Savills represents a significant next step for the business that we have built and nurtured for more than 20 years. The business and its reputation are something which all our staff are incredibly proud of. In Savills, we identified a group which understands and reflects the same ethos of high-quality client service, care and professionalism that has supported our own growth and longevity,\u201d Forwood said.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHe continued, \u201cWith the combined resources of an expanded project management platform in APAC and the global reach of Savills, I am extremely excited about the opportunity to provide a more comprehensive service to our clients across a wider geography.\u201d\n\n\nRead More:\n\u00a0\n\u201cNew Normal\u201d sees retailers rethink their real estate approach in Thailand\n\n"} {"url": "https://www.dotproperty.com.my/blog/scarcity-to-drive-uk-prices", "title": "Scarcity to drive UK prices", "body": "\n\n\n\nBritish property portal Home.co.uk is predicting further price rises this year as available housing stock continues to fall.\n\n\nHouse prices, is says, are set to continue rising during 2016 due to a lack of available housing stock in the property market. Latest figures from Home.co.uk\u2019s \nDecember Asking Price Index\n showed there are 47 percent fewer properties for sale now than in December 2007.\n\n\nThis month, there were just 405,278 properties on the market in England and Wales, down 16.1 percent on December 2014\u2019s figure of 483,224. This, it said, is creating a vicious circle of price hikes that are set to continue throughout 2016, and will follow a rise of 8 percent in England and Wales\u2019 property prices in 2015.\n\n\nAlready, regions with the biggest shortages of available housing for sale are experiencing the quickest price rises, with the East of England in particular set for continued rapid price hikes next year. Between November 2010 and November 2015, the supply of property in the East slumped by 27 percent, while prices in the region rocketed by 10.6 percent over 2015.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nScotland\u2019s housing supply fell by 13 percent between November 2010 and November 2015. Other areas where the supply of properties for sale dried up over the same period include the East Midlands, which saw a fall of 12 percent, and the West Midlands where supply dropped by 11 percent. The South East is another region to experience a drought in the volume of property for sale with supply falling 10 percent over the same period.\n\n\nOnly two areas saw an increase in housing stock for sale between November 2010 and November 2015; Yorkshire and the Humber where supply increased by 10 percent, and Wales which saw a 2 percent rise.\n\n\nFor 2016 Home.co.uk is predicting a similar range of regional price rises as seen in 2015. However, due to further contractions in supply the East of England and the South East are expected to outperform Greater London during the next 12 months.\n\n\nProperty buyers in Scotland, the West and East Midlands, and the South West are advised to brace themselves for a year of rapid price growth as the supply crisis ripples out to these regions.\n\n\nMeanwhile, typical time on the market has also fallen due to this imbalance between high demand and low supply. In England and Wales, the typical time on the market in December this year was 104 days compared with 110 days a year ago.\n\n\nHome.co.uk Director Doug Shephard said: \u201cNext year is set to see the vicious circle of spiralling prices and falling supply deepen even further as buyers take advantage of cheap credit to chase ever fewer properties.\n\n\n\u201cThe low interest rates that have allowed the UK government to service extraordinary debt levels and fuelled an artificial house price boom look set to stay.\u201d\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/score-big-london-property-investing-near-wembley-stadium", "title": "Score big with London property by investing near Wembley Stadium", "body": "\n\n\n\nEngland\u2019s World Cup journey excited fans across the globe. And while there is no way to invest in Gareth Southgate\u2019s team, the next best thing is a property purchase around England\u2019s famous home, Wembley Stadium. Respected London property specialist GIHLondon is representing Anthology Wembley Parade in Asia.\n\n\nThis is a beautiful development that is part of the regeneration master plan for Wembley. It is a short walk from Wembley Stadium, Sse Arena and London Designer Outlet while the Wembley Park tube station can be reached in four minutes on foot.\n\n\nNot only is this area bustling with events throughout the year, but it\u2019s to get to Baker Street and other places thanks to the nearby tube and over ground rail connections. For example, London\u2019s Zone 1 can be reached in a little more than 12 minutes. Additionally, many of London\u2019s top universities are within 30 minutes of Anthology Wembley Parade.\n\n\nSee more:\u00a0\nSignup for the FREE, exclusive Wembley Anthology Parade project launch in Bangkok\n\n\nAnthology Wembley Parade consists of five buildings including a 12-floor tower. It boasts one of London\u2019s most efficient designs with ample space found throughout the homes and common areas. Landscape gardens surround the site while an under-coft area links the development\u2019s south gardens to Wealdstone Brook.\n\n\nThere are 195 units available in the project with one-, two- and three-bedroom residences available. A key feature is the interiors that have higher than average ceilings with full height doors to ensure a spacious and fluid living space that echoes open plan living.\n\n\nThe exterior view of Anthology Wembley Parade. Buyers in Asia can learn more about it during an upcoming Bangkok launch\n\n\nNot only will the project be a hit with residents, but the surrounding area should prove to be popular as well. A total of 8,000 jobs within 10 minutes of the apartment are going to be created in the coming years. This will support the rental market. The nearby area also boasts excellent local amenities and a new school as well as countless bars and restaurants. Experts believe the neighbourhood around Anthology Wembley Parade is primed to become a new community for young professionals to live and work.\n\n\nThis is a unique opportunity for investors since Anthology Wembley Parade is the only development from the Quintain redevelopment scheme that can be privately owned. Units are available on a 999-year leasehold basis. The developer expects Anthology Wembley Parade to be completed in the second quarter of 2020.\n\n\nTurn-key London investment solutions from GIHLondon\n\n\nGIHLondon is an independent, Hong Kong-based operation with more than 30 years of experience in assisting London residential property investors. The firm works with nationals and expatriates in Asia and the Middle East wishing to invest in London real estate.\n\n\nThe company has an excellent track record of success, facilitating 200 sales per year on average. GIHLondon has generated a total value in excess of UKP 1.5 billion to date.\n\n\nIt considers properties in all areas of London, both established and developing, in which there is potential value. The firm focuses on building, marketing, furnishing and letting properties on behalf of its clients. GIHLondon utilises a turnkey service to provide clients with a fully-managed property investment.\n\n\nUnits offered by GIHLondon are designed and located to maximise returns for investors. Clients enjoy peace of mind knowing they are acquiring a commoditised property that can be judged by performance alone. This differs from most other real estate investments that usually look to entice sales based on an emotional angle.\n\n\nDevelopments such as Anthology Wembley Parade are of the highest quality, so investors need not worry about placing their money into an inferior product. Meanwhile, GIHLondon is constantly working with clients to find the most appropriate way for them to achieve a consistent and above market average yield.\n\n\nThis is something that differentiates GIHLondon from more traditional real estate investment companies representing UK properties. The firm\u2019s full suite of in-house services allows it to do everything from pre-sale advice to managing tenants and properties. It also reduces the risk of renting property and diminishes administrative headaches for the overseas investor.\n\n\nAnthology Wembley Parade is holding an exclusive sales launch in Bangkok on 25 August. It is free to attend, but seats are limited. Sign up today to ensure you can\u00a0get in!\n\n\nClick here to book your spot\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/se-asia-boost-for-jll", "title": "SE Asia boost for JLL", "body": "\n\n\n\nReal estate firm JLL has announced that Dr, Chua Yang Liang, the Head of Research for Southeast Asia, will be spending more time on strengthening the firm\u2019s research and consulting offerings in the emerging Southeast Asian markets.\n\n\nTo allow him to do this the firm has appointed Tay Huey Ying (pictured) as Head of Research for Singapore with effect from March 1, reporting to Dr Chua.\n\n\nHuey Ying will work closely with both Dr. Chua and Ong Teck Hui, National Director, Research & Consultancy, to continue to provide research support to local and regional clients including the media. Ong will also be taking on an additional role as strategic advisor to the Singapore research team, and will continue to be active on the residential market research front.\n\n\nAs Head of Research for Singapore, Huey Ying will be assisted by a team of analysts covering residential, commercial, industrial, retail and capital market research in Singapore.\u00a0 She will join the JLL team of media spokespersons, covering matters relating to the Singapore property market other than residential, which will continue to be fronted by Ong.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDr. Chua said: \u201cHuey Ying\u2019s appointment comes at a crucial time as JLL continues to strengthen our research support to meet the growing needs of the business across Singapore and Southeast Asia. The search for another senior researcher in Singapore has long been on my agenda and Huey Ying comes as the best candidate for this role as well as the team. With her on board, I am looking forward to spending more time with the research teams across Southeast Asia to strengthen and enhance our primary and applied research services and products.\u201d\n\n\nHuey Ying has extensive experience in Singapore, having previously led the research team at Colliers International before assuming a consultant role with the firm while at the same time, serving as an academic at Ngee Ann Polytechnic since 2010. She has over 24 years of real estate experience in Singapore with over half that time in research and advisory roles.\n\n\n\u201cHuey Ying\u2019s past experience in advisory and research work would be invaluable in supporting the research and advisory functions in Singapore and I am confident she will not only be able to support media relations but also the needs of our internal and external clients,\u201d added Dr. Chua.\n\n\n\u201cI am delighted to be given the opportunity to join JLL and am looking forward to working together with Dr. Chua and Mr Ong to continue to grow and strengthen the firm\u2019s research offerings, with the ultimate objective of empowering clients with knowledge for success,\u201d said Huey Ying.\n\n\nShe has a BSc Estate Management (Hons) from the National University of Singapore and is married with three children.\n\n"} {"url": "https://www.dotproperty.com.my/blog/sea-property-returns-roots-recent-rebrand", "title": "SEA Property returns to its roots with recent rebrand", "body": "\n\nFamily has always been a big part of SEA Property since the company was founded in 1997. Family was also a driving force behind the leading real estate agency\u2019s decision to rebrand after a successful five-year partnership with Coldwell Banker.\u00a0\n\n\n\u201cWe are moving back to our roots as a family business. We had a great partnership with Coldwell Banker, but it is a corporate franchise with its own goals and values. It made more sense for us to have our own name in order to better achieve the goals we have,\u201d Norbert Witthinrich, SEA Property Owner and Director, explains. \u201cGoing back to our roots allows us to really focus on what we value and want to be.\u201d\n\n\nSEA Property established itself as Phuket\u2019s best real estate agency over the years through its unique ability to build relationships. This is something it will lean into even further as part of rebranding efforts.\n\n\n\u201cFor 25 years, we have worked to create partnerships with people that extend beyond buying a property. Our new focus allows us to do more things to further that mission,\u201d Norbert details. \u201cFor example, we can now provide property management services to ensure that when someone purchases a home in Phuket, it is professionally maintained and increases in value.\u201d\u00a0\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNorbert Witthinrich, SEA Property Owner and Director\n\n\nHowever, this is only a start. SEA Property is rolling out several new and innovative ways to share its unmatched knowledge of all things Phuket to a wider audience. For example, Norbert\u2019s daughter, Victoria Witthinrich, \nis showing people the best of what the island has to offer on YouTube\n.\u00a0\n\n\n\u201cWe can show people not only properties in Phuket, but the lifestyle as well. Our YouTube channel gives us a platform to share our knowledge of the island with the world and it is something that can be helpful to clients as well as anyone interested in Phuket,\u201d Norbert says.\n\n\nAnother initiative sees SEA Property partner with noted wealth management coach Alan Yip via its More Than Wealth program. He can provide insights on life planning, help families raise responsible children of wealth and offer advice on many other topics.\u00a0\n\u00a0\n\n\n\u201cFor us, it is not about selling a property. We\u2019re always searching for ways on how we can assist people in making their life fuller. Working with Alan is another way we support clients and help them create the lifestyle they want for their entire family,\u201d Norbert says.\n\n\n\u00a0\nRead More:\n\u00a0\nSEA Property sets the bar for real estate in Phuket\n\n\nSEA Property builds bonds that last\n\n\nThe SEA Property family builds meaningful bonds that extend beyond real estate\n\n\nWhen someone asks a question, SEA Property doesn\u2019t simply have an answer. After two decades on the island, it has the experience to answer. This is something they want to share with those wanting to call Phuket home in one form or another.\n\u00a0\n\n\n\u201cRelationships never really end. That is why we strive to build lasting bonds with the people we work with. Our partnership doesn\u2019t stop once a contract is signed,\u201d Norbert proclaims. \u201cOur aim is to be there for them during move in and while they are here in Phuket. And, with our property management service, we can now look after them while they\u2019re away.\u201d\u00a0\u00a0\n\n\nSEA Property\u2019s rebrand has allowed the company to return to its roots which were built on family bonds. But it was also done with the future in mind. The move provides the agency with greater freedom to pursue what it values most today while ensuring the next generation can build upon what has already been accomplished.\n\n\n\u201cPhuket is home for us and has been for 25 years. When we look into the future, the important thing is to leave this business in a strong position for the next generation,\u201d Norbert concludes.\u00a0\n\n\nThe best way to understand the level of service, care and commitment SEA Property provides is to experience it for yourself. Speaking with their team isn\u2019t simply a chat about what real estate in Phuket is available. It\u2019s a conversation about the endless opportunities available to you on the island. \nClick here to learn more about what the agency offers\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/search-ultimate-luxury-residence", "title": "In search of the ultimate luxury residence\u2026", "body": "\n\nThe Four Seasons Private Residences at 706 Mission Street, San Francisco offers sublime views of \"The City by the Bay\"\n\n\nThis is the first article in a series that will grant you a sneak peek inside some of the most luxurious residences around the world. Today we head to \u201cThe City by the Bay\u201d and explore Four Seasons Private Residences at 706 Mission Street, San Francisco.\n\n\nThe Four Seasons brand is synonymous with luxury. And when it comes to the luxury residential experience, it is no surprise that Four Seasons Private Residences ranks among the best. With 39 branded Private Residence properties around the world, these homes offer personalized services and a distinctive elegance not found anywhere else.\n\n\nFour Seasons Private Residences at 706 Mission Street, San Francisco is the latest addition to this collection. Those familiar with the world-renowned hotel brand and other Private Residence properties will immediately be drawn to the one-of-a-kind experience only offered by Four Seasons.\n\n\nLet\u2019s start with the design of Four Seasons Private Residences at 706 Mission Street, San Francisco which is being done by the highly acclaimed Handel Architects. The firm has carefully tailored the development to ensure both historic authenticity and modern innovation spread across two contrasting towers embody all things San Francisco.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe historic Aronson Building (front) is one of two buildings that comprise The Four Seasons Private Residences at 706 Mission Street, San Francisco\n\n\nThere is the new 45-storey tower where you will find spacious residences with stunning views of San Francisco Bay. Each one has been sized similar to a grand estate home with four residences per floor. The historic Aronson Building will also be incorporated into the project. Dating back to 1903, the building managed to survive both the 1906 San Francisco earthquake and the 1989 Loma Prieta earthquake. It is being completely restored and repurposed as part of the project and will house a cultural museum along with a select number of luxury residences.\n\n\n\u201cJuxtaposing the new and the historic has provided us with a wealth of architectural opportunities,\u201d Glenn Rescalvo, Principal and Lead Architect at Handel Architects, explained. \u201cWe embraced the opportunities for more spacious, individuated residences, with fewer homes per floor and a much greater mix of floor plans. These residences are much more like custom designed homes than condominium units.\u201d\n\n\nLocated in the popular Yerba Buena district, The Four Seasons Private Residences at 706 Mission Street, San Francisco is steps away from Yerba Buena Gardens and several cultural hubs that have made this one of the city\u2019s most coveted addresses.\n\n\nThe location and design are accentuated by the unwavering amenities and unmatched service Four Seasons takes pride in providing. The Club features a lounge, outdoor terrace, bar, dining room, game room, library and world-class fitness and wellness center staffed by a dedicated attendant. It isn\u2019t simply about function, however. This space is a warm and welcoming place to gather and be an active part of the community.\n\n\nThe Four Seasons Private Residences at 706 Mission Street, San Francisco overlooks Yerba Buena Gardens\n\n\nWith The Four Seasons Private Residences at 706 Mission Street, San Francisco being a residential-only property, all attention is directed to the select few living here. There is an on-site Director of Residences that oversees a full suite of services including 24-hour concierge, security monitoring, valet parking, housekeeping of shared areas and more. It is an experience only Four Seasons can provide.\n\n\nThe Four Seasons Private Residences at 706 Mission Street, San Francisco is set to be completed in 2020. The development manages to capture the history of its local surroundings while creating an exclusive luxury residence to meet the tastes of even the most discerning individual. Not only does it meet the lofty expectations of The Four Seasons, but it surpasses them thanks to its special combination of history and modernity. These residences are rare masterpieces perfectly suited for San Francisco and can be considered an ultimate luxury residence.\n\n"} {"url": "https://www.dotproperty.com.my/blog/search-ultimate-luxury-residencepart-4", "title": "In search of the ultimate luxury residence\u2026Part 4", "body": "\n\nThe unique circular design of The Imperium at Capitol Commons creates some amazing views\n\n\nThis is the fourth article in a series that will grant you a sneak peek inside some of the most luxurious residences around the world. We\u2019ve already visited San Francisco, Bangkok and Ho Chi Minh City. Now we are off to Metro Manila. \nClick here to read part one\n, \npart two\n and \npart three.\n\u00a0\n\n\nLuxury property in Metro Manila has caught the eye of international real estate investors\n. But what is driving this demand? The quality and craftsmanship found in the city\u2019s luxury residences are second to none. The Imperium at Capitol Commons is a perfect example of the high standards found in the Philippines.\n\n\nLocated in Capitol Commons, \none of the most desirable places to live in Metro Manila\n, this high-rise condominium will be among the tallest buildings in the country once finished. \nThe tower is circular with each floor having a maximum of four units\n. This allowed developer Ortigas Land to create radiant, spacious residences.\n\n\nAnd while you may not realize it, several small design features inside The Imperium at Capitol Commons accentuate everyday life. For example, windows have been pushed slightly forward to provide immersive views of the Metro Manila skyline. Another innovative feature is the beamless ceilings which create more space in each unit.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nEvery unit at The Imperium at Capitol Commons is amazing, but you can\u2019t help but marvel at the development\u2019s luxurious penthouse. With three bedrooms and 311 square meters covered with only the best fittings and finishings, luxurious doesn\u2019t begin to describe it.\n\n\nA look at the outside of The Imperium at Capitol Commons\n\n\nThe Imperium at Capitol Commons has a full range of upscale amenities for residents to enjoy. The infinity-edge pool is ideal for weekend afternoons, the landscaped garden decks ensure a peaceful retreat is always available, the high-performance fitness facility makes it easy to stay in shape and the opulent grand lobby makes coming home feel like a special occasion.\n\n\nFinally, the location of The Imperium at Capitol Commons places you in the center of an up-and-coming district. In addition to several leading residential developments, Ortigas Land is also building offices, a luxury mall, a supermarket and the highly anticipated Gastro Hub in this area. All of this is spread out amongst a large green space with pedestrian-friendly connecting everything.\n\n\nLuxury residential developments in Metro Manila are competitive with those found elsewhere in Asia. Developers spare no expense in creating truly memorable living experiences. And there is no project quite like The Imperium at Capitol Commons.\n\n\nClick here to learn about the remaining penthouse for sale\n in The Imperium at Capitol Commons.\n\n"} {"url": "https://www.dotproperty.com.my/blog/search-ultimate-luxury-residencepart-5-kl", "title": "In search of the ultimate luxury residence\u2026Part 5", "body": "\n\nThis is the fifth article in a series that will grant you a sneak peek inside some of the most luxurious residences around the world. We\u2019ve already visited San Francisco, Bangkok, Ho Chi Minh City and Metro Manila. Now we are off to Kuala Lumpur. \nClick here to read part one\n, \npart two\n and \npart three\n and \npart four\n.\n\n\nWhen it comes to luxury homes in Malaysia, the story begins and ends with The Ritz-Carlton Residences, Kuala Lumpur. The property provides so much more than a posh place to live. Residents are able to enjoy the legendary lifestyle only the Ritz-Carlton brand can provide.\n\n\nAs you would expect, The Ritz-Carlton Residences, Kuala Lumpur offers a superior standard of living that no other property development in the city can match. There are amazing facilities, stunning residences and, of course, the brand\u2019s hallmark service.\n\n\nThe Ritz-Carlton Residences, Kuala Lumpur outdoor space\n\n\nBut what makes The Ritz-Carlton Residences, Kuala Lumpur truly special is the fact there is no hotel onsite. This is different from other hotel branded residences where there is usually both a residential and hotel component in one building. The end result is a private property catering those searching for unmatched exclusivity. Residents can enjoy total peace of mind knowing their space isn\u2019t being shared with guests.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFrom the minute you pull into the entryway, you can\u2019t help but be impressed with the property. There is a valet on hand to take care of parking. Once inside, the tasteful grand lobby awaits. It is staffed by a concierge who is there to assist residents in any way possible.\n\n\nOn the ninth floor of The Ritz-Carlton Residences, Kuala Lumpur is The Sky Lobby with a wide range of amenities, including the Club Lounge, available to those living here. The open terrace and gardens allow you to soak in the KL\u2019s vibe with its beautiful views of the city. There is also an infinity-edge pool with plenty of poolside cabanas along with a cutting-edge fitness center that has its own training room.\n\n\nThe homes are just as well-appointed with one-, two- and three-bedroom residences available along with a limited number of larger penthouses. However, these are not simply cookie-cutter units. Owners can choose between three distinct design concepts to ensure a curated space that is tailored to your own preferences.\n\n\nUnit owners can choose between three unique design styles\n\n\nEach design style features only the finest furnishings along with marble countertops, brand name appliances and luxurious finishings. No expense has been spared in creating a wonderful residence befitting of The Ritz-Carlton name.\n\n\nUnits inside The Ritz-Carlton Residences, Kuala Lumpur are available on a freehold basis meaning the honor of owning such a prestigious property can be handed down from one generation to the next.\n\n\nClick here to learn about units for sale\n in The Ritz-Carlton Residences, Kuala Lumpur.\n\n"} {"url": "https://www.dotproperty.com.my/blog/search-ultimate-luxury-residencepart-6-samujana", "title": "In search of the ultimate luxury residence\u2026Part 6", "body": "\n\nSamujana offers the ultimate in luxury living for those wanting their own tropical paradise \n\n\nThis is the sixth article in a series that will grant you a sneak peek inside some of the most luxurious residences around the world. We\u2019ve already visited San Francisco, Bangkok, Ho Chi Minh City, Metro Manila and Kuala Lumpur. Now we are off to the beaches of Thailand. \nClick here to read part one\n, \npart two\n, \npart three\n, \npart four\n and \npart five\n.\n\n\nEvery wonder what life would be like if you lived in a magnificent villa along one of Southeast Asia\u2019s most beautiful beaches? Wonder no more because it\u2019s possible at Samujana. Located in Koh Samui, this upscale development is situated between the picturesque Chaweng and Choeng Mon beaches on the island\u2019s most coveted land plot.\n\n\nSimply put, these views are some of the most stunning in all of Thailand. But there is far more to the development than these gorgeous overlooks. It all starts with the privacy and space afforded to you at Samujana.\n\n\nThese allow you to enjoy a laid-back lifestyle here that offers total tranquility. Whether you are taking a stroll down the meandering paths, resting amongst the living tropical landscape or reflecting at the quiet coral cove, time spent here is truly your own.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSamujana villas are each unique in their own way\n\n\nUnderstanding the beauty of this space, the developers of Samujana want to create a residential masterpiece. In order to do that, they needed to create luxurious villas that could not be replicated anywhere else.\n\n\nGary Fell of Gfab Architects was entrusted to carry out this mission. His grand vision for Samujana began with the idea of preserving the incredible site. By building the villas around natural features he encountered, each one would be unique to the project. Several villas have mature trees and rock formations incorporated into the residences.\n\n\nBudget and space were no obstacle for Fell, who took this opportunity to make each villa perfect in its own, unique way. One of Fell\u2019s boldest decisions was made to use sturdy, hardwearing natural materials in each villa as opposed to imported designer items.\n\n\nThis decision ensured the site could not only live on in it all its beauty, but also make Samujana impossible to duplicate. Luxury has been retained through the superb quality kitchens and bathrooms that are interwoven with the open spaces as well as the next level amenities found in the residences.\n\n\nAn emphasis on service provides owners with complete peace of mind. Each villa has dedicated managers and staff responsible for cleaning and housekeeping as well as coordinating with maintenance, gardening and pool service staff to ensure the residences are kept in prime condition.\n\n\nAt the start of the article we mentioned what would be it like to live you, and while it would be amazing to spend 365 days here, chances are you do need to return to the real world. When that happens, Samajuna has you covered.\n\n\nThe exclusive Samujana rental and villa management program means your property will generate income whilst you are away. Unlike other rental schemes, this is tailored completely around your usage and needs. There are no restrictions on when or for how long you stay in your villa. All you need to do is work out what dates you will be there with your villa manager and they will take care of the rest.\n\n\nA special offer is currently available for select villas at Samujana. Interested buyers can request more information and find out about the purchasing process by contacting:\n\n\nDiah Intan Maulidya\n\n\nEmail:\n\u00a0\n[email\u00a0protected]\n\n\nPhone:\n\u00a0+66 061-201-1170\n\n\nwww.sales.samujana.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/search-ultimate-luxury-residencepart-three", "title": "In search of the ultimate luxury residence\u2026Part 3", "body": "\n\nSunshine City Saigon was named Best Luxury Condo Development Vietnam at the Dot Property Vietnam Awards 2019\n\n\nThis is the third\u00a0article in a series that will grant you a sneak peek inside some of the most luxurious residences around the world. Today we visit Ho Chi Minh City to learn more about the award-winning Sunshine City Saigon. \nClick here to read part one.\n \nRead part two here\n.\n\n\nDemand for luxury apartments in Vietnam has been strong during the past few years. Developers eager to tap into this market have been challenging themselves to craft residences that cater to the needs of the modern resident. A lot of this activity has come in Ho Chi Minh City and upscale real estate here is more advanced than many people realize.\n\n\nHowever, luxury property in Vietnam was forever changed when Sunshine Homes \u2013 A Member of Sunshine Group \u2013 launched Sunshine City Saigon. The developer worked diligently on the project to ensure it surpasses all expectations. From gold-plated interiors to cutting-edge technology and a dedicated mobile app, the condominium allows residents to enjoy the best life has to offer.\n\n\nIt elevated the entire Ho Chi Minh City luxury property market. For starters, Sunshine City Saigon has been planned like a miniature smart city with resort-style amenities providing those living here with a fresh living experience in the heart of Ho Chi Minh City.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nYou will find a multi-purpose sports area, park, inter-city promenade, infinity pool, library, spa, schools and children\u2019s play area at Sunshine City Saigon along with an upscale retail area filled with shopping and dining options.\n\n\nThe unit interior can be customized according to the buyer\u2019s needs\n\n\nThe entire development, from common areas to units, are part of the Smart Living 4.0 ecosystem that improve day-to-day life. Residents can remotely control electrical devices, lighting equipment and curtains in their home. This newly developed technology allows for unmatched security throughout Sunshine City Saigon. The project even has a Smart Parking system that locates and reserves a parking space before you arrive.\n\n\nGoing inside the luxurious units, each one has been fitted with high-class, imported materials. Bathrooms feature Kohler products while Eurowindow windows provide unmatched noise proofing. Progetto Lusso, a leading association of craft furniture manufacturers from Italy, has been selected to provide and consult apartment interior design packages according to each client\u2019s unique needs.\n\n\nThe architecture of Sunshine City Saigon takes inspiration from European neoclassical style. In order to enhance these features, a neutral color palette has been utilized. That adds an aesthetically pleasing apperence which ties everything together.\n\n\nSunshine City Saigon also has a luxurious location near the Ca Cam River. The location is inspired by the most prosperous cities in the world, such as Monaco, Paris or London which all line bodies of water. The developer has also incorporated a green living environment that flows from the nearby surroundings to the development and feels both tranquil and exclusive.\n\n\nFeaturing a stunning array of modern luxuries, Sunshine City Saigon the project was recognized for its contribution to the Ho Chi Minh upscale residential sector. \nThe project won Best Luxury Condo Development Vietnam at the Dot Property Vietnam Awards 2019\n, cementing its status as one of the world\u2019s ultimate luxury residences.\n\n"} {"url": "https://www.dotproperty.com.my/blog/search-ultimate-luxury-residencepart-two", "title": "In search of the ultimate luxury residence\u2026Part 2", "body": "\n\nThe jewel box-inspired exterior at 28 Chidlom gives the project a unique appearance \n\n\nThis is the second article in a series that will grant you a sneak peek inside some of the most luxurious residences around the world. Today we visit Bangkok to explore 28 Chidlom. \nClick here to read part one.\n\n\nYou can\u2019t help but be amazed by 28 Chidlom as you gaze at its exterior. The two-tower development features jewel box-style lofts that create a unique exterior. So unique in fact that the project has become a landmark in Bangkok\u2019s ritzy Chidlom neighborhood. Developer SC Asset wanted a distinctive appearance and the interplay of depths the lofts create allows for the building to have one of the most distinctive fa\u00e7ades in the city.\n\n\nHowever, the interior design is just as appealing as the exterior. The loft-style design at 28 Chidlom means all residences have a ceiling height of at least three meters. All units were meticulously designed to ensure optimal space usage. \nEach one comes fully fitted with premium materials that help combine function and design\n.\n\n\nResidences also come with full-height windows that allow natural sunlight to shine through while providing breathtaking views of Bangkok. Additionally, the latest in window technology has been used to ensure residents are insulated against heat and noise. All of the features have been incorporated into every last unit to guarantee those living here will always have the best in privacy and comfort.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhen you venture outside your residence, a world of wonderful amenities awaits. You\u2019ll find lush gardens on the ground floor as well as a stylish reading lounge where you can get some work done or curl up with a good book. \nThe 18\nth\n floor of the Villa Building and 44\nth\n floor of the Tower Building\n host swimming pools and fitness centers with spectacular overlooks. And on the 12\nth\n floor of the Tower Building, there is a heated swimming pool that is covered as well as a steam room and sauna.\n\n\nA heated swimming pool can be found on the 12th floor\n\n\nThe amenities at 28 Chidlom help the condominium feel like a home. There are places to relax, exercise or simply reflect. And when you are ready to explore, central Bangkok is at your doorstep. The exclusive location places you steps away from the legendary Central Chidlom department store and the Bangkok Skytrain. The popular Gaysorn District and Central World are also a short-walk away.\n\n\nChidlom is also home to some of the most popular dining spots in Thailand. On the nearby Langsuan road you will find the world-famous Gaggan restaurant as well as the popular Italian establishment Per Te. You will also find several boutique coffee shops all around the neighborhood. Finally, there are countless entertainment options around. Chidlom truly is one of the most sought after addresses in all of Bangkok.\n\n\nThe best luxury residences combine everything to create a special experience. When you factor in everything, 28 Chidlom has that luxurious experience which is unmatched by other projects in Bangkok.\n\n\n28 Chidlom has become part of the Bangkok skyline\n\n\nYou can enjoy the vibrant side of Bangkok that makes the city so popular before retreating back to your home. The moment you enter 28 Chidlom, the lush greenery on the ground level provides a much-needed respite from the concrete jungle. Amenities offer you with rare spaces to unwind and live the life you want. Once you enter your residence, the spacious layout and unique style are the only place you need.\n\n\n28 Chidlom is move-in ready with a select number of corner units still available. The project\u2019s luxury credentials are backed by its status as an award winner as 28 Chidlom took home \nBest Luxury High Rise Condominium at the Dot Property Southeast Asia Awards 2019\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/secrets-of-rental-success", "title": "Secrets of rental success", "body": "\n\n\n\nDuring 2015 overseas real estate brokerage Tranio received more requests than ever for foreign commercial property in reliable markets. Considering the current climate it\u2019s actually not surprising. The main source of business for the portal is Russian and CIS investors who have seen the value of their assets wiped out by the devaluation of their currency.\n\n\nIt may seem a bit counter-intuitive that they wanted to buy in places that had become twice as expensive, but there is a rather simple explanation. The crisis forced investors to consider options that would safeguard their remaining capital from further currency risk, while diversifying their assets at the same time.\n\n\nTimes are changing and, according to research and experience in overseas investments, Tranio noted there are now two main types of investment strategy:\n\n\n\n\nPreventing future losses, pursuing stable and reliable assets with what is left of the investor\u2019s funds.\n\n\nReinvesting profits, making money on the capital that has been saved.\n\n\n\n\nProponents of both strategies are choosing commercial property, which they consider to be the most promising, but when it comes to buying they have a problem. This type of property (e.g. office spaces, supermarkets and street retail) require either more funds or do not meet their needs and expectations.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFor example, in the mid-price segment (\u20ac100,000 to \u20ac500,000) investors must choose between high-risk commercial properties with high yields (of between 6 percent and 7 percent per annum) or reliable residential property with low yields (of between 2 percent and 3 percent). This is why many investors frequently decide to just keep their assets in cash.\n\n\nThere is an investment vehicle that offers an attractive balance of yields and risk: short-term rental flats which are affordable \u2013 even on small budgets.\n\n\nThe short-term rental strategy\n\n\nShort-term rental investments target apartments in the central districts of big cities with stable property markets. By renting them out for short periods and with efficient management, the owner can earn up to 5 percent net yields (higher than long-term rentals) in a foreign (and stronger) currency, while keeping risks at bay (i.e., at the same level as long-term rental earning between 2 percent and 3 percent yields).\n\n\nHow to plan your investment\n\n\nDefine a budget (from \u20ac100,000)\n\n\nMarket analysis\n\n\nNowadays it\u2019s easy, even for non-professional. Airbnb shows average rental rates for each city district, it also shows what types of properties (number of rooms, access to public transport, wi-fi, etc.) are the most popular. Studying these characteristics and the occupancy of the property (is it fully booked?) helps to understand what demand and needs are in the market.\n\n\nCollect information\n on local real estate agencies and property management companies.\n\nMake appointments with agencies and travel to the location. Spend between three and five days on property viewings.\n\n\nSelect the most suitable property and get the paperwork started\n\n\nShort-term or daily holiday rental accommodation can be managed in two ways, either personally by using platforms like Airbnb, or with the help of a professional management company, a popular trend that took off about two years ago. This type of accommodation is in great demand in leading cities around the world. Research from Tranio showed that 57 percent of flats in London\u2019s Westminster district and 23 percent of all the Paris flats are rented via Airbnb, and these figures are growing every year.\n\n\nBy investing in short-term rentals, in addition to good net yields, owners are also choosing property that is easy to sell because it is in demand as well as excellent capitalisation potential. In other words these flats can be sold quickly with no discount because they are popular with local buyers. Moreover, this type of real estate is more affordable because prices start as low as \u20ac100,000. These flats can also be used for holidays and business trips and even a residence in case of \u201cforce majeure\u201d.\n\n\nFinancing the purchase and structuring the rental business\n\n\nGetting a loan\n\n\nMany countries allow foreign buyers to take out a mortgage with a maximum loan-to-value ratio (LTV) of 60 percent at a rate of between 2 percent and 5 percent annual interest. The best way for non-national to get a good deal on a loan is to work with a local agent or broker who is well connected and can negotiate better lending terms. When the rental yields exceed the interest on a loan, this \u201cleverages\u201d the investment: each borrowed euro increases the yields proportionally to the interest rate.\n\n\nAcquisition tax applies to any property purchase and varies depending on how the transaction is structured it (e.g., personal purchase or via a legal entity). In the U.K. for example, buyers pay Stamp Duty, but in other countries it can be called Land Tax or Property Transfer Tax, which is usually about 2 percent to 4 percent of the property price.\n\n\nRental income tax is imposed by the country where the property is located and usually ranges from 15 percent to 25 percent. Local tax advisors are necessary in order to structure the investment in the least costly manner possible because many expenses can actually be deducted from the taxable base, such as mortgage repayments, management expenses and even air tickets cost.\n\n\nRegistering the purchase to an individual or legal entity depends on how many flats are in the portfolio. When starting out the first few properties can be registered to an individual \u2013 further down the line, if and when there is more activity, it will probably be more profitable to register as a business. For example, in Germany the tax scale is flat for legal entities and progressive for individuals. Therefore, running a short-term rental business as a GmbH (LLC) is more profitable when annual profit is \u20ac200,000 or more.\n\n\nWhere to buy\n\n\nFirst and foremost, it is important to choose a country and city that have a stable property market. Elements to look out for are demographics (i.e., growing population) and rising GDP. Property in these places will be easier to sell and reduce the risk of selling the property at a loss if there is a market downturn in the future. Additionally, property prices grow faster.\n\n\nGood locations for short-term rentals are cities with a developed travel industry and business environment that, in turn, guarantee demand for the property throughout the year (as opposed to seasonal demand).\n\n\nFinally, always check if that it is possible to legally register this activity as a business, because short-term rentals drive long-term rental growth and can be considered competition for hotels. Cases-in-point include Barcelona, Amsterdam and Berlin that don\u2019t currently issue licenses for short-term rental activity. Skirting this responsibility can be costly. Take Munich for example, where running an unauthorised short-term rental business can incur a penalty of up to \u20ac50,000.\n\n\nAttraction points increase occupancy\n\n\nAmenities and attractions in the area that enhance occupancy rates are important to keep the property full throughout the year. For example, some cities are renowned tourist destinations and have a wide range of things to do.\n\n\nInvesting in property is a business that requires serious thought before signing anything because, while it is one of the most reliable investments, poorly thought out decisions can cost money, time and effort to rectify.\n\n\nRisks and mistakes\n\n\nMarket downturn: prices fall\n\n\nCommonly this situation lasts a few years before recovering because property markets are cyclical (about 7 to 9 years).\n\n\nWrong location\n\n\nLow demand for short-term rentals. Turn the property into a long-term letting; it is slower but safer and will bring returns on your investment.\n\n\nWhat to buy\n\n\nGenerally \u201cthe smaller, the better\u201d principle: studios, one- or two-bedroom flats make ideal short-term rentals. These properties are cheaper and usually have higher occupancy rates (about 70 percent throughout the year on average and 90 percent during the peak season). The flat should be fully equipped. Choosing a contemporary design with quality fittings will increase the rental price by 25 percent during peak times.\n\n\nHow to manage the business\n\n\nThere are two ways of managing this type of business, either personally with the help of friends and family or by hiring a professional management company.\n\n\nManaging the property personally is not suitable for overseas investors as they can\u2019t be present to manage the client turnover, take care of paperwork or make sure the property is maintained unless they are permanent local residents. Secondly, entrusting the care of an investment to a close relation or friend means taking on the additional financial risk and responsibility that this person may not do it correctly, thus affecting the income and profitability.\n\n\nProperty management companies are the best option for foreign owners but it is important to find a professional and reputable service provider. Experts in this field take care of everything like declaring taxes, cleaning the flat and organising the tenant schedule. It also spares the worry while getting the maximum financial result out of your asset. The hardest part is, of course, deciding whether the company is competent or not.\n\n\nServices provided by good management companies\n\n\n\n\nFinding tenants\n\n\nCleaning & maintenance\n\n\nAutomated rental pricing software\n\n\nDigital advertising\n\n\nBooking control\n\n\nClear tenant screening strategy\n\n\nManaging check-in and check-out\n\n\n\n\nAlways choose a company that is specifically specialised in short-term rentals. Their services cost between 20 percent and 25 percent of the total rental revenue, on average. If it is more or less, it is worth finding out how they operate and what additional or less services they provide. Unfortunately, more often than not, it is because the company is overcharging or incompetent \u2013 but there are some companies reduce expenses by using electronic keys for tenants, a new high-tech solution that is safe and reduces costs.\n\n\nHost services (i.e., how the manager looks after tenants and deals with things) hasve a big effect on occupancy rates over the long run. Therefore, it\u2019s important to review all the services provided in the chosen management package in order to make sure all aspects are covered. Optional services like airport transfers, welcome packs with postcards and city maps, shampoos and shower gels, 24/7 support all encourage customer loyalty and better rankings on online booking platforms.\n\n\nWhen signing the agreement, make sure that it includes a clause regarding the management company\u2019s liability for any damages to the property by tenants. This is legal proof that the management company is functioning with your interests in mind (rather than theirs).\n\n\nAnother important nuance about the agreement affecting the total yield greatly is who and how the utility bills and maintenance costs are paid. Usually the company pays them from the total rental revenue before distributing the profits.\n\n\nImage: Paris, a popular destination for short-term rental property investors.\n\n\nThis column was written by Vladislav Boychenko, the short-term property rentals expert at Tranio.\n\n"} {"url": "https://www.dotproperty.com.my/blog/seek-european-dual-citizenship-the-easy-way", "title": "Seek European dual citizenship the easy way", "body": "\n\n\n\nInvest in property in Cyprus to access European dual citizenship and countless benefits.\u00a0\u00a0\n\n\nMost of us would jump at the chance to obtain dual citizenship. Giving us more flexibility and freedom on where to work and live. A chance to benefit from different business opportunities, as well as a chance to immerse ourselves in a new culture.\n\n\nShould your parents be from different countries this is one way to easily achieve dual citizenship. Depending on each individual country\u2019s requirements you may even be able\u00a0seek multiple citizenship which is even more advantageous.\n\n\nFor many Asians the\u00a0prospect of dual citizenship with access to Europe is very appealing. Being granted citizenship within the European Union allows that person to move freely within the member states. Ensuring that they can take advantage of the range of lifestyle, education, employment or business opportunities that the continent has to offer. Various different schemes have been on offer over the years to get dual citizenship for Europe. Most require investment in return for this. Property being one popular avenue.\n\n\nPafilia, a real estate developer, in Cyprus has made this even easier for you. Assisting those who are looking to enjoy the countless benefits that come with dual citizenship by investing in property in the Mediterranean Sea. Cyprus is an island which enjoys over 340 days of sunshine annually. Rich in history and culture, it has been a tourist hotspot due to its attractive qualities and strategic location. Plus it is well connected to the three continents it sits between: Europe, Asia and Africa. Naturally\u00a0it has become a haven for those looking to enjoy its favourable tax benefits, climate, and food and drink.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nEnlist the expert help of Pafilia and becoming a citizen of Cyprus is within arm\u2019s reach. Just purchase a property that costs a minimum of EUR 2 million and you will automatically be granted citizenship of Cyprus. This will also open up access to the European Union too.\n\n\nFor more information on this exciting and accessible scheme visit our webpage\u00a0\nhere\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/select-property-launches-landmark-development-manchesters-iconic-northern-quarter", "title": "Select Property launches landmark development in Manchester\u2019s iconic Northern Quarter", "body": "\n\nSelect Property, a leading property developer, operator and investment specialist, has launched One Port Street\u2013a landmark residential destination in the heart of Manchester\u2019s vibrant Northern Quarter.\n\n\nWith construction due to begin in early 2023, the development process will create at least 59 jobs and bring an estimated GBP28.07 million of economic impact to the city by the point of completion. The construction process will also provide the opportunity for new training and apprenticeship opportunities for local people.\n\n\nComprising 477 premium one-, two-, and three-bedroom apartments, it will be the first development in Select Property\u2019s flagship residential brand the \u2018Prestige Collection\u2019, which centers around high-quality amenities, cutting-edge architecture, and a first-class resident experience.\n\n\nLocated in Manchester\u2019s world-class creative district, the Northern Quarter, was recently named by TimeOut as one of the \u2018World\u2019s Coolest Neighborhoods 2022\u2019. It also neighbors the popular area of Ancoats\u2013named \u2018Foodie Neighborhood of the Year 2022\u2019\u2013and is just a short walk to Manchester Piccadilly railway station and the popular Arndale shopping center.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cLaunching One Port Street\u2013and our Prestige Collection\u2013marks the culmination of decades of experience across the UK\u2019s residential market, creating compelling places to live. One Port Street harnesses that knowledge to create the ultimate residential offer, and there is no better city to do it than Manchester,\u201d\u00a0Adam Price, CEO of Select Property, stated.\n\n\nHe continued, \u201cOnce complete, the site will create an inviting neighborhood with more green, public spaces and incorporating sustainability measures that will have a lasting positive impact on Manchester and its people for years to come.\u201d\n\n\nGreat care has been taken to ensure that One Port Street becomes a green gateway to the city with significant planting to create over 22,000 square feet of public green space helping to create a better connection to the Northern Quarter, Ancoats and Piccadilly, as well as promoting greener travel with EV charging points and cycle storage.\n\n\nDesigned by renowned architecture firm, SimpsonHaugh, the 33-storey One Port Street gives a nod to Manchester\u2019s industrial history with the interior design taking inspiration from warehouse and loft conversions without the compromise on layout. The design will blend elegant style with urban renewal and embrace raw architectural elements including wood, metal, stone and fire.\n\n\nThe grand reception area will be reminiscent of a boutique hotel, centred around a 360-degree firepit with concierge service, ensuring a warm welcome for all. There will also be a 2,000 square foot private swimming pool and a state-of-the-art gym. With a focus on resident wellbeing, the new destination will also provide two outdoor spaces \u2013 a ground floor urban garden and \nPaganini\u2019s\n\u2013a rooftop garden terrace overlooking the city center.\n\n\nContinuing the luxury experience, One Port Street will feature a seventh-floor resident lounge, innovative co-working spaces and private dining areas. One Port Street has been designed with the principles of an exclusive private members\u2019 club, creating an environment that gives the resident the choice to socialize or enjoy some time alone.\n\n"} {"url": "https://www.dotproperty.com.my/blog/sell-out-for-i-city", "title": "Home offices sell out", "body": "\n\n\n\ni-City, and its master developer I-Bhd, has reported a 100 percent take-up rate for its two home office projects.\n\n\nIn a press statement the company reported that Chester Properties had purchased the remaining 30 units of i-SoHo and 120 units of i-Suites.\n\n\nThe development\u00a0is located within a five-minute walk of the central i-City shopping centre that is set to open in 2018.\n\n\ni-SoHo has 925 SOHO units with a gross development value (GDV) of RM 438 million.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIt is scheduled for handover by end of this year.\n\n\ni-Suite boasts 825 units and a GDV of RM 448 million and will be ready for possession by the middle of 2017.\n\n\nTwo other projects in i-City were also all fully sold before handover.\n\n\nI-Bhd Director Monica Ong said that with the sustained demand for its properties, the company expects to increase its sales growth over the coming years.\n\n"} {"url": "https://www.dotproperty.com.my/blog/sell-out-for-mah-sing", "title": "Sell-out for Mah Sing", "body": "\n\n\n\nAll 404 units of Mah Sing Group\u2019s latest release were snapped up during a launch event last weekend.\n\n\nThe development \u2013 Cerrado Residential Suites Tower A \u2013 is part of the developer\u2019s Southville City, a 428-acre freehold township with seven phases and a gross development value of RM 11.1 billion.\n\n\nThis new project, which is set for completion in 2020, will feature four towers, each with 404 units. Two layout options were on offer to buyers in phase one; a two-bedroom unit of 656 sq ft and a three-bedroom 825 sq ft apartment. Prices at the launch started from RM 357,000.\n\n\nCerrado will also feature 48 retail units as well as 10 units of poolside cabanas.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMedia reported that Group Managing Director, Tan Sri Leong Hoy Kum, said: \u201cCerrado, as well as Southville City, will be a highly accessible location once the direct interchange from the Kuala Lumpur \u2013 Seremban Highway into Southville City is completed by the end of 2017.\u201d\n\n\nCerrado Residential Suites is part of the third phase of Southville City, and to date the developer has secured sales of more than 3,800 units from these three phases.\n\n\nRegistration for Cerrado Tower B will begin later this month on the weekend of August 13 and August 14.\n\n"} {"url": "https://www.dotproperty.com.my/blog/selo-group-looks-malaysia-samaja-selo-private-residences-tioman-island", "title": "Selo Group looks to Malaysia with Sam\u00e3ja Selo Private Residences on Tioman Island", "body": "\n\nSingapore-based developer Selo Group announced plans to enter the \nMalaysia real estate\n market with an exclusive branded residences estate on Tioman Island. The firm is partnering with leading hospitality brand Impiana on Sam\u00e3ja Selo Private Residences, a project that is set to become the ultimate island getaway in Southeast Asia.\n\n\nSam\u00e3ja Selo Private Residences are a collection of luxurious beach front and hilltop villas that provide vacation home ownership with a boutique hotel experience. Meanwhile, private air transfers from \nSingapore\n and Kuala Lumpur can whisk owners to the resort in less than an hour.\n\n\n\u201cWe are thrilled to bring our exceptional style of hospitality to Malaysia, which now ranks among the top five preferred countries for Asian real estate investors,\u201d Andrew Corkery, CEO of Selo explained. \u201cWe have prioritized a luxurious living experience that enhances a true connection to the destination and instills a sense of belonging in a private vacation community with a focus on owner\u2019s modern lifestyle choices that matter more than ever to our residents.\u201d\n\n\nChoice and customization can be found throughout Sam\u00e3ja Selo Private Residences. In addition to the exceptional levels of private service, villas can be customized to reflect personal design choices within the overall style and sense of the destination. The end result is the perfect retreat on Tioman Island, one of Asia\u2019s most picturesque destinations.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cSam\u00e3ja Selo is a private lifestyle community curated for likeminded people who share common goals, interests, and experiences in proactively pursuing wellness. We are excited that residents will soon have the opportunity to unwind in one of Asia\u2019s most unique beachfront island destinations,\u201d Corkery noted.\n\n\nThe stunning development will have an outstanding range of boutique hotel amenities for travelers to enjoy with Impiana on-hand to ensure personalized service. There will be an expansive pool, rejuvenating spa, fitness facilities, kids\u2019 club and multiple dining venues. Owners will also have access to a diving center, library, and co-working spaces.\n\n\nFor more information and to inquire about ownership at Sam\u00e3ja Selo, please visit\u00a0\nwww.samaja.selo.co\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/seoul-property-market-goes-cold-long", "title": "Seoul property market goes cold, but for how long?", "body": "\n\n\n\nFor the past few years, the Seoul property was arguably the best investment you hadn\u2019t considered. Strong demand and soaring prices created a great opportunity. However, after nine rounds of government intervention, the searing real estate market in Seoul may be growing cold.\n\n\nSouth Korea has some of the most foreign-ownership friendly laws in all of Asia when it comes to real estate. Seoul is naturally the hub of property investment activity as the country\u2019s capital and largest population centre. Apartments are the preferred unit type for many investors as these are in high demand from renters.\n\n\nIt is estimated that up to 90 percent of the Seoul metropolitan area population in their 20s and 30s are renters. Even with the unusual Jeonse renting process found in the country, property investors can be confident that their unit is unlikely to sit empty.\n\n\nMarket stability is also something that makes the Seoul property market attractive. Even the impeachment of former President Park Geun-hye in 2017 and the looming threat of North Korea weren\u2019t enough to dent in rising home prices.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe real estate market was resistant to President Moon Jae-in\u2019s attempts to cool it as well. Government measures enacted since he took office in 2017 included more home loan restrictions and the creation of anti-speculation zones in Seoul that have stringent regulations in place. It took far longer than the government had hoped, but the frigid January weather brought with it signs that the Seoul property market was beginning to cool off.\n\n\nHot times\n\n\nWhen 2018 came to a close, the Korea Appraisal Board found that Seoul apartment prices rose by 8.22 percent from the previous year. This was the highest price increase in 12 years and concluded a hot streak that no one seemed able to derail.\n\n\nPerhaps the most surprising news came in the first quarter of 2018 when Seoul became the top luxury property market in the world on Knight Frank\u2019s Prime Global Cities Index for Q1 2018. The city jumped over Guangzhou to claim the top spot thanks in large part to a staggering 24.7 percent annual price growth.\n\n\nSeoul\u2019s Gangnam district saw some of the most significant home price jumps.\u00a0Information from the Korea Appraisal Board found that the average apartment price in Gangnam increased by nearly KRW 200 million (USD 178,000) between May 2016 and May 2018.\n\n\nSo, what led to all this? Most experts point to one action as the root cause.\n\n\nThe Bank of Korea implemented eight rounds of interest rate cuts between 2012 and 2016. An article in \nThe Korea Times\npointed out that the rate cuts have helped spur home prices and household debt in the country to record levels. More people took out loans to buy homes with everything boiling over in the first half of last year.\n\n\nTemperature check for the Seoul property market\n\n\nJanuary temperatures in Seoul dip below freezing with regularity. And while the property market hasn\u2019t yet fallen to those chilly depths, cooling has begun, at least in the short term.\n\n\nThe tide started to turn in December when Seoul apartment prices fell for the first time in over a year, albeit only declining by a tenth of a percent. Meanwhile, the Ministry of Land, Infrastructure and Transport reported that home sales fell dramatically in January of 2019, dropping by 8.9 percent.\n\n\nThe apartment sector was the hardest hit, falling to a six-year low in terms of transactions, according to statistics from the Seoul Metropolitan Government. Most experts believe transactions will be subdued throughout 2019, but are less certain about home prices.\n\n\nA pair of recent reports from KB Financial Group surveyed financial experts and real estate professionals. The findings of the reports were mixed. Nearly 60 percent of the financial experts asked thought Seoul property prices would increase in 2019. However, the realtors disagreed with 70 percent believing Seoul home prices would drop this year. However, both groups predicted a decline in property transactions for Seoul this year.\n\n\nThe housing situation, coupled with a slowing economy and continued US-China trade war uncertainty, could have a far-reaching impact on South Korea.\n\n\n\u201cElevated housing prices threaten severe growth downturns if prices reverse abruptly. Housing prices that have undergone sharp and sudden reversals, empirical studies showed, tended to be associated with longer and deeper slowdowns,\u201d an Asian Development Bank representative told \nThe Korea Times\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/serviced-apartments-top-tips", "title": "Serviced Apartments: Top tips", "body": "\n\n\n\nWhen arriving in a new city the best and most obvious option is the rent a Serviced Apartment. This gives you ample time to see the city, and decide if you want to rent or buy real estate elsewhere.\n\n\nThis can also be a cost-effective option for long-term vacationers, for whom 30 nights in a mid-range hotel will work out to be far more expensive than renting a Service Apartment for the same length of time. Serviced Apartments generally also offer more facilities and amenities, negating the need to go shopping for the essentials of living.\n\n\nEssentially a Serviced Apartment is an apartment that\u2019s fully-furnished with the privacy and comforts of home. Almost all Serviced Apartments are run like a hotels with housekeeping staff that \u2018service\u2019 the apartment on a daily or weekly basis.\n\n\nAs well as long stays, Serviced Apartments are also an ideal alternative for short stays.\n\nHere are some reasons why you should consider Serviced Apartments ahead of hotels and outright property rentals when searching for property.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSpace\n. This is a substantial advantage, and more so if you\u2019re staying in the same city for a long time. Serviced apartments generally have a separate living and dining area, so unlike a hotel or renting you\u2019re not just confined to a small room.\n\n\nConvenient for family travel\n. You can often find Serviced Apartments with several bedrooms and bathrooms linked via a main lounge, and this can work for couples traveling with children or with friends.\n\n\nKitchen\n. While you may not plan cooking, a kitchen with a fridge and microwave can be great for heating up leftovers from restaurants, storing late night snacks and drinks or and whipping up a quick breakfast. You may also have the opportunity to entertain guests.\n\n\nLess frequent housekeeping\n. In Serviced Apartments, housekeeping is generally only conducted a couple times a week, and that is usually more than enough. After all, how often do you clean your own house?\n\n\nDIY laundry\n. While most hotels will do laundry for you it\u2019s almost always expensive. Serviced apartments often come with a washing machine and dryer, which means you can wash your clothes for free.\n\n\nStill like a hotel\n. Many serviced apartments have everything you\u2019ll find in a standard hotel so you will not have to sacrifice any amenities.\n\n\nPrice\n. Serviced apartments will, more often than not, work out cheaper than an equivalent hotel. While some may require you to book for a month or just a week to get a good deal, others still offer great rates for just a few nights. The fact that you can also cook your own meals helps you save even more money.\n\n\nDot Property Group\n, Asia\u2019s fastest-growing group of property portals, in inviting Serviced Apartment operators to nominate their projects for the \u2018\nBest of the Best Serviced Apartments in Southeast Asia Awards 2016\n\u2018. To discover more email \n[email\u00a0protected]\n\n\n#DotPropertyAwards\n\n"} {"url": "https://www.dotproperty.com.my/blog/share-volatility-is-good-news", "title": "Share volatility is good news", "body": "\n\n\n\nWhile global investors reel from a series of sharp stock market around the world, real estate markets in many parts of the world are continuing to see strong growth.\n\n\nTake Sydney as one example, where Angus Raine, Executive Chairman of real estate firm Raine & Horne. Noted that in south-western parts of the city its St Marys office posted a record sales month in December 2015 \u2013 achieving a 5 percent increase in sales revenues compared to the final month of 2014.\n\n\n\u201cThis result bucks the doom and gloom about Sydney real estate and demonstrates that there is still demand for quality bricks and mortar in many pockets across the city,\u201d said Raine.\n\n\n\u201cThe market might not achieve the double digit returns of the past three years; however, many Sydney real estate markets will achieve capital growth by the end of 2016.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cMany of the same fundamentals remain in play, such as Sydney\u2019s continued population growth, as well as our strong economy, improved employment figures, and low interest rates. Around 50,000 people move to Sydney annually and they all need somewhere to live, while there is a good chance we\u2019ll see more rates cuts in the middle of the year.\u201d\n\n\nShare markets have seen sharp declines so far in 2016, with U.S. equities down by 5.2 percent, Eurozone shares dropping by 6.2 percent and Japanese shares falling 9.5 percent, according to research from AMP Capital Investors. More significantly, Chinese shares have plummeted 14.6 percent while the Australian market is down by 6.8 percent.\n\n\n\u201cThe crashing share market is helping attract plenty of investors to our region who are looking for a safer haven to park some money, while also enjoying relatively strong yields of 5 percent,\u201d said Peter Diamantidis, Sales Manager, Raine & Horne St Marys.\n\n\n\u201cProperties that had been sitting on the market for three months were snapped up in December, which means we now have a shortage of listings,\u201d Diamantidis said.\n\n"} {"url": "https://www.dotproperty.com.my/blog/shenzen-up-47-tops-index", "title": "Shenzen up 47%, tops Index", "body": "\n\n\n\nThe Chinese city of Shenzen has topped new research which looked at price increases of mainstream residential property prices last year.\n\n\nThe \nGlobal Residential Cities Index, published by Knight Frank\n, took its Global House Price Index one step further, tracking mainstream residential prices on a city rather than country basis. The new index covers 165 of the world\u2019s key urban residential markets.\n\n\nThe Global Residential Cities Index, which is based on official house price data for mainstream residential markets, increased by an average of 4.4 percent during 2015. More than 121 of the 165 cities tracked by the Index saw house prices either rise or remain flat.\n\n\nThe Chinese city of Shenzhen lead the rankings with price growth of 47.5 percent recorded during 2015. More than 22 percentage points separated Shenzhen from the index\u2019s second-ranked city \u2013 Auckland (up by 25.4 percet).\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIn 2015 first-tier cities in China saw strong demand on the back of the relaxation of policy restrictions which boosted market performance. Shenzhen is fast becoming one of China\u2019s key technology hubs, its population of 10 million has an average age of 30.\n\n\nBudapest I Hungary, where prices increased by 16.3 percent in 2015, was the strongest-performing capital city within the Index. The city\u2019s comparative value, combined with an exclusive investment immigration bond programme for Chinese nationals, has fuelled demand.\n\n\nOf the twenty U.S. cities included in the Index, Portland (11.4 percent) and San Francisco (10.4 percent) were the strongest performers, with Washington DC the weakest (1.7 percent).\n\n\nAlthough none of the U.S. cities saw prices decline, no single city could compete with Vancouver which proved North America\u2019s top performer with prices rising 11.9 percent on an annual basis.\n\n\nThe Indian city of Chandigarh occupied the bottom ranking this quarter. Here prices fell by 7.7 percent year-on-year. Despite cutting interest rates four times in 2015, India\u2019s base rate still stands at 6.75 and the economy has faltered impacting on household income.\n\n\nOf the 43 cities which saw house prices decline in 2015, 20 were located in Europe, with the southern European economies well represented. Cities in Greece, Italy and Cyprus occupied four of the bottom five rankings.\n\n\nUrban and rural housing markets are increasingly polarised when it comes to price performance. According to the World Bank, 54 percent of the world\u2019s population currently lives in cities, and by 2045 the urban population will rise by another 2 billion to 6 billion, suggesting the pressure on urban prices looks set to intensify.\n\n\nMany Southeast Asian cities are not included in research rankings such as this Index due to the lack of current and transparent data.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/show-set-singapore", "title": "Show set for Singapore", "body": "\n\n\n\nProperty buyers, investors and property developers throughout Southeast Asia should mark their diaries now for the\u00a0\nDot Property International Property Show\n.\n\n\nThe event, which takes place between February 20 and February 26, 2017, at the high-profile and high-end ION Orchard Shopping Mall in the heart of the city state, will attract Singaporean buyers and investors to the popular venue.\n\n\nSingaporeans, and especially property investors, have been snapping up overseas properties in large numbers for more than five years due to the relatively high prices and uncertainty surrounding their home market.\n\n\nWithin the last couple of years, investments from Singaporeans in other Asian countries have been matching those in the traditional property hotspots of the United Kingdom and Australia.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIt\u2019s easy to see why.\n\n\nBangkok condo prices can be up to a quarter less compared with those in Singapore, while those in Vietnam can be even cheaper.\n\n\nThe show will feature property investment opportunities from throughout Southeast Asia including Thailand, Vietnam, Malaysia, the Philippines, Cambodia, Myanmar and Indonesia.\n\n\nThis will be a unique property show in terms of being in an outstandingly popular public space with natural foot traffic.\n\n\nProperty developers are urged to secure their space now as interest in the event is already generating significant interest.\n\n\nFor consumers the Dot Property International Property Show in Singapore will provide the perfect shop window for property investments throughout Southeast Asia \u2013 all under one roof and in the most-popular shopping mall in the city-state.\n\n\nFor more information visit the \nDot Property International Property Show\n website.\n\n\nPicture: Crowds flock to a recent Dot Property Expo in central Bangkok.\n\n"} {"url": "https://www.dotproperty.com.my/blog/siargao-named-worlds-best-island", "title": "Siargao named the world\u2019s best island", "body": "\n\nIs this the best island in the world? Welcome to Siargao in the Philippines.\n\n\nThere are a lot of amazing islands across the globe. So it might be a bit of a shock to find out that \nreaders of \nConde Nast Traveler\u00a0\nnamed Siargao in the Philippines as the best island in the world\n. Those who have never heard of it might not understand what all the fuss is about, but those who\u2019ve been won\u2019t find the news all that surprising.\n\n\nInternational and local celebrities regularly frequent the island even if Siargao still isn\u2019t the mainstream destination Boracay happens to be. Getting there is a journey, Siargao doesn\u2019t have an airport, which both adds to the charm and keeps away those visitors who aren\u2019t committed enough to adventure.\n\n\nIt is impossible to mention Siargao without talking about the surfing. Known as the \u2018Surfing Capital of the Philippines\u2019, the famed Cloud 9 waves wash up on the beaches of Siargao. But you don\u2019t need to be a surfer to enjoy the island. All types of recreational opportunities are available. Everything from kayaking to snorkeling can be found here. Meanwhile, some tourists prefer to keep it simple by renting a motorbike and exploring on their own.\n\n\nThis does bring us to what makes Siargao unique when compared to Southeast Asia\u2019s tourist islands like Phuket and Bali. The island doesn\u2019t have much in the way of facilities beyond the basics. You\u2019ll find quaint seafood shacks serving freshly caught fish and convenience stores, but don\u2019t expect much in the way of international chains or large hypermarkets.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhite sand beaches can be found on many other islands in \nthe Philippines\n, but none have the relaxed ambiance of Siargao. Of course, being named the best island in the world will likely bring more people to Siargao and could spoil the vibe. However, work has already begun to ensure things don\u2019t spiral out of the control.\n\n\nThe local government recently put a masterplan in place to ensure tourism and development on the island is done sustainably. This is extremely important in the aftermath of the Boracay shutdown decision. Siargao is keeping a close eye on sewage and waste management, urban planning and tourism regulation in order to keep the island open.\n\n\nWhen should you visit Siargao?\n\n\nIf you are simply going to Siargao for the beaches, the best time to visit is between March and October when the weather is calm. Surfers usually head to the beaches here from August to November when the waves are primed for riding. This is also a good time for other watersports.\n\n\nDecember and January are by far and away the wettest and windiest months in Siargao. It is probably best to avoid the island during these times if you\u2019re going to checkout the beaches.\n\n"} {"url": "https://www.dotproperty.com.my/blog/sierra-valley-gardens-offers-sustainable-healthy-living-outside-metro-manila", "title": "Sierra Valley Gardens offers sustainable, healthy living outside Metro Manila", "body": "\n\n\n\nBest Sustainable Development\n\n\n\n\nIn a world of shrinking spaces and disappearing green areas, Sierra Valley Gardens is a breath of fresh air\u2026literally. The mid-range condo development is part of a master planned, mixed-use estate where a premium has been placed on convenience, greenery and sustainability. Those living here will enjoy life surrounded by trees and clean air.\n\n\nSituated in the foothills of the Sierra Madre Mountain Range, this project is only 30 minutes from the bustling Ortigas business district, but it feels a world away from the hectic streets of Metro Manila. This was very important for \nRLC Residences\n. They wanted Sierra Valley Gardens to provide green, spacious living that didn\u2019t require residents to leave the city completely behind.\n\n\nIn that regard, Sierra Valley Gardens offers the perfect blend of suburban lifestyle with urban convenience to ensure everything you could need or want is easily available. Additionally, the open spaces and green areas encourage healthier lifestyles. All of this is supported through sustainability, something that means a great deal to the developer.\n\n\n\u201cSustainability is a very important value for RLC Residences. That is why we continue to improve our sustainability and that starts with Sierra Valley Gardens. We made sure we incorporated a lot of open and green spaces to encourage residents to live an active lifestyle. We also made sure to offer amenities and facilities that provide sustainability as well as a healthy lifestyle for our homeowners,\u201d Stephanie Anne Go, RLC Residences Assistant Vice President Business Development and Design, stated.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe work of RLC Residences was recognized at the Dot Property Southeast Asia Awards 2022 when Sierra Valley Gardens was named Best Sustainable Development. The first phase of Sierra Valley Gardens is set to be completed in 2025.\n\n\nMore than 45 developers, projects and real estate agencies were honored at the Dot Property Southeast Asia Awards 2022.\u00a0\nRead more about the winners here\n.\n\n\nKeep Reading:\n\u00a0\nWhy should you consider investment in Sierra Valley Gardens?\n\n"} {"url": "https://www.dotproperty.com.my/blog/simple-tricks-make-condo-seem-bigger", "title": "Simple tricks to make your condo seem bigger", "body": "\n\nLight colored moldings and tall bookcases can help make your condo look bigger\n\n\nChances are your home is starting to feel a little cramped if you have lived there for a few years now. That tends to happen as we collect more things and need a place to store them. This is especially true if you live in a condominium. And while it may not be possible for you to add more space, there are several simple tricks to make your condo seem bigger.\n\n\nBefore we get to these, it is important to note the best way to make your home seem bigger is to remove the stuff you don\u2019t need. Cluttered rooms naturally feel smaller. In most cases, a lot of this clutter comprises of things you no longer use regularly. Donate these items to free up extra space and help people who could actually use them.\n\n\nWith that out of the way, here are some tricks to make your condo seem bigger. You don\u2019t need to do all of these. Just one or two can make a small space feel big.\n\n\nRelated:\n \n3 easy ways to reduce your water usage at home\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n3 tricks to make your condo seem bigger\n\n\n1) Turn tiny spaces in storage areas\n\n\nA lot of smaller condo units have tiny spaces that aren\u2019t really usable for daily living. Consider turning these into storage areas. One option is to create built-in shelves designed for that specific place. Another trick is to store things under your bed.\n\n\n2) Add light colored moldings\n\n\nAdding light colored moldings to trim the edges of the ceilings and floors add a lot of depth, as they provide just enough visual detail that your eye is naturally, but slowly, carried to the back of the room. These aren\u2019t expensive and don\u2019t take much to install either.\n\n\n3) Incorporate mirrors\n\n\nYou don\u2019t want to go for the funhouse look, but a few strategically placed mirrors can help your condo feel a lot bigger. In particular, floor length mirrors make a room seem taller while the reflection provides the appearance of more space even if it isn\u2019t really there.\n\n\nWhile these simple tricks to make your condo seem bigger provide the illusion of extra space, you may still need a larger place to live. \nStart your search on Dot Property\n and find your new home today.\n\n"} {"url": "https://www.dotproperty.com.my/blog/singapore-back-cards", "title": "Singapore back on the cards?", "body": "\n\n\n\nSingapore\u2019s cooling measures have been relaxed adding to the country\u2019s investment appeal.\u00a0\n\n\nNews of the Singapore government relaxing the cooling measures placed on residential properties is welcome news to investors. Put in place in 2009 in a bid to stop speculative purchasing, the market took a hit with values decreasing since 2013. Due to slow demand and stagnating values, the government have reassessed the measures.\n\n\nThe cooling measures put in place included increased stamp duty rates and making it harder for borrowers to obtain mortgages. This included not permitting investors to sell their properties within four years of when they purchased it.\u00a0This has now been reduced to three years. For stamp duty, the rates have been reduced by four percent across the board.\n\n\nLending conditions will also be eased. Currently investors can borrow 60 percent of their monthly income. However, this will now not apply for those with a loan-to-value ration less than 50 percent. The aim is give borrowers more flexibility with their money to aid for their retirement.\n\n\nMany Singapore experts in the field including Real\u00a0Estate Developer\u2019s Association of Singapore have called upon the government to reevaluate\u00a0tax policies. Citing the slowing market as reason for this. However, there was no mention of this in Singapore\u2019s budget on 20 February.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThis u-turn in decision has resulted in the rising of share prices in the industry. Developers CapitaLand and City Developments Ltd both enjoyed an increase of 4.8 and 7.4 percent.\u00a0This is likely to signify a new chapter in Singapore\u2019s housing market. Singapore\u2019s robust economy has made it attractive to investors looking to park their money. A flurry of activity is expected with this news as investors who take the plunge when the market has reaches the bottom will reap the benefits of a rising market in the future.\n\n"} {"url": "https://www.dotproperty.com.my/blog/singapore-based-developer-launches-maldives-resort-hub-featuring-new-brand-capella", "title": "Singapore-based developer launches Maldives resort hub featuring new brand from Capella", "body": "\n\nPatina Maldives, Fari Islands will be one of three hotels spread across four islands at Pontiac Land's new resort destination\n\n\nPontiac Land, a Singapore-based developer, revealed exciting plans for a new elevated resort experience comprising of four islands in the Maldives. The impressive Fari Islands project will be home to three world-class hotels, a marina, beach club, boutique shops and much more on a brand-new archipelago in the North Mal\u00e9 Atoll.\n\n\nThe award-winning Capella Hotel Group launched a new hotel brand \u2013 Patina Hotels & Resorts \u2013 that will operate one of the three upscale hotels that comprise Fari Islands. The new brand caters to those with a sense of individuality and a deep appreciation of culture and community.\n\n\nPatina Maldives, Fari Islands was one of three properties unveiled by Capella\u2019s new brand with the other hotels located in Bali and Sanya, China. The Maldives resort will feature 90 beach and water villas as well as a collection of studios that are interwoven among vibrant social spaces.\n\n\nFari Islands brings something new to the Maldives\n\n\nMap of Fari Islands\n\n\nThe other resorts that comprise Fari Islands will be managed by The Ritz-Carlton Hotel Company and Capella Hotels & Resorts respectively. The trio of hotel brands was handpicked by Pontiac Land as they wanted to make sure every visit to its archipelago is uniquely perfect, no matter the occasion.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nA team of renowned architects carefully designed the resort to ensure it maintains a delicate balance of serene and social spaces. Studio Mk27 led by Marcio Kogan, Kengo Kuma & Associates and Kerry Hill Architects all worked thoughtfully on Fari Island to create something truly memorable.\n\n\nAdditionally, developer Pontiac Land is committed to fostering an experience that celebrates nature, craft and connection to the Maldives. A diverse range of areas will empower guests with the option of enjoying these experiences either from the comfort of privacy and seclusion or as part of a vibrant social center.\n\n\nFari Islands is set to open in the fourth quarter of this year and will offer guests freedom of movement across the archipelago. The resort hub is a 50-minute speedboat journey from Mal\u00e9 International Airport.\n\n"} {"url": "https://www.dotproperty.com.my/blog/singapore-eliminates-travel-restrictions-thailand-june", "title": "Singapore eliminates most travel restrictions; Thailand could do the same by June", "body": "\n\nMore tourists could soon be filtering into Singapore Changi Airport\n\n\nSingapore has eased most COVID-19 cross-border travel restrictions while Thailand could do the same by June, according to government authorities. The news comes after most countries in Southeast Asia, including \nthe Philippines\n and \nVietnam\n, reopened borders to tourists earlier in 2022.\n\n\nIn Singapore, Prime Minister Lee Hsien Loong announced the current Vaccinated Travel Lane (VTL) scheme will be replaced by the Vaccinated Travel Framework starting April 1. The latter allows all vaccinated travelers and children 12 and younger to enter the country with just a pre-departure Covid-19 test.\n\n\nThe VTL scheme called for arrivals to fly on specific flights, take a COVID-19 test upon arrival and have insurance. Singapore\u2019s reopening is seen as an important step to move beyond the pandemic.\n\n\n\u201cIt will give a much-needed boost to businesses, particularly the tourism sector, and help Singapore reclaim its position as a business and aviation hub,\u201d \nThe Prime Minister said in a public address\n. \u201cNow, the Omicron situation is well under control. Nearly all our cases are domestic, originating within the community. Arrivals from abroad constitute only a very small proportion of cases. We can therefore safely open up our borders.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRead More:\n\u00a0\nFlight bookings pickup as borders reopen in Southeast Asia\n\n\nThailand hopes to follow suit\n\n\nWhile Thailand was one of the first countries in the world to reopen its borders to tourists, it has yet to replace the various schemes regulating the process. Instead, the government has slowly eliminated layers from its Thailand Pass program.\n\n\nFor example, the pre-travel RT-PCR test requirement will be removed on April 1 with on arrival RT-PCR tests to be replaced by antigen ones starting in May. These are a step in the right direction, but some believe the country needs to act faster in removing restrictions.\n\n\n\u201cWe [Thailand] are like a hare running faster than others. What should we do to prevent humiliation when ending up being overtaken by a tortoise? The goal for Thai tourism is to become a global leader,\u201d Minister of Tourism and Sports, Khun Phiphat Ratchakitprakarn, told local media.\n\n"} {"url": "https://www.dotproperty.com.my/blog/singapore-global-momentum-drop", "title": "Singapore global momentum drop", "body": "\n\n\n\nReal estate firm JLL has released its 2016 City Momentum Index (CMI) which tracks a city\u00b9s short-term socio-economic and real estate momentum, in combination with measures of whether a city has the longer-term foundations for success.\n\n\nThe Index covers 120 major established and emerging business hubs around the world and highlights the top 20 cities where change is occurring most rapidly.\n\n\nAmong the top 20, Asia-Pacific accounts for the largest share with 11 cities among the world\u00b9s most dynamic urban economies. These include established world city Tokyo, and challengers or cities competing for global reach and influence, such as Sydney, Seoul and Shanghai. The top 20 also includes new world cities such as Auckland.\n\n\nA key feature of this year\u00b9s top 20 cities in the index is the overwhelming dominance of innovation-rich cities, said Jeremy Kelly, JLL\u2019s Director of Global Research.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cJLL has long emphasised that city momentum involves far more than just raw GDP growth \u2013 it is crucially about building the foundations of an innovation-oriented economy through technology, creating cutting-edge new businesses, attracting talent and nurturing vibrant inclusive communities,\u201d he added.\n\n\nChina\u00b9s cities in the Top 20 include those moving into higher-value activities and building the foundations for new forms of economic activity in terms of innovation, infrastructure and connectivity. These include Shanghai, Beijing and Shenzhen, according to the report.\n\n\nSingapore (pictured) dropped from 17th in 2015 into the third quartile in 2016. From being one of the top rental performers globally in 2014, office rents fell by around 10 percent during 2015, with a further 10 percent to 20 percent decline forecast for 2016; while rents have also fallen in the retail sector.\n\n\nThese sharp rental corrections have been the main contributor to the city\u2019s poor real estate momentum scores, although this is improving affordability. Lower levels of real estate investment have also contributed to this poor score \u2013 despite Singapore being one of the most popular investment destinations globally.\n\n\n\n\nTo read the full \nJLL City Momentum Index\n report click here.\n\n"} {"url": "https://www.dotproperty.com.my/blog/singapore-mortgage-growth-continues-shrink-cool-2019-predicted", "title": "Singapore mortgage growth continues to shrink as cool 2019 predicted", "body": "\n\nFewer people in Singapore are taking out home loans and this could see residential prices in the city-state fall after a brief resurgence. Singapore mortgage growth dropped to 1.9 percent in first 11 months of 2018, according to information from the Monetary Authority of Singapore.\n\n\nThis is down from 4.2 percent last year and only the second time in the past 25 years that Singapore mortgage growth dropped below two percent. \nDiksha Gera, an analyst at Bloomberg Intelligence, predicted that mortgage growth would most likely stay below two percent in 2019\n.\n\n\nOne reason for the falling Singapore mortgage growth was the rise of home loan interest rates. These increased by 0.3 percent following hikes made by the US Federal Reserve. Additionally, the government\u2019s latest round of property curbs, which were unveiled in July of 2018, brought the \nSingapore property\n\u00a0market to a halt once again.\n\n\nHome prices declined during the final three months of 2018 ending a six-quarter streak of increases. Now many experts believe that property values and transactions could shrink in 2019 due to a number of factors.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cI expect the overall property market outlook to be weaker in 2019. Insecurity and bearish sentiment will result in potential buyers holding back purchases and adopting a wait-and-see approach,\u201d independent property analyst Royston Foo told Bloomberg.\n\n\nDevelopers aren\u2019t holding out much hope for 2019 either. In addition to the shrinking Singapore mortgage growth, the latest Real Estate Sentiment Index (RESI) found that homebuilders held low expectations because of global economic uncertainty and increased competition among other issues.\n\n\nNice while it lasted\n\n\nLast year saw the government increase the Additional Buyer\u2019s Stamp Duty and decrease loan-to-value limits. The biggest changes saw the tax on foreigners buying property increase from 15 to 20 percent and a five percent tax increase on anyone not buying a home for the first time.\n\n\nThe move ended a short-lived turnaround where property prices experienced their first prolong growth cycle in nearly four years. In the first quarter of 2018, \nSingapore property prices recorded the biggest price increase in eight years\n, rising 3.1 percent, according to stats from the Urban Redevelopment Authority.\n\n\nThe price turnaround led to a rush of en bloc sales as developers looked for new sites. An en bloc sale is when at least 80 percent of unit owners in a single building agree to sell together.\n\n\nMoneySmart found that there were more than 30 en bloc sales in the first half of 2018 alone\n, which drove Singapore home prices higher. Less than a month later, the government had rolled out their latest cooling measures which have now created a bleak outlook for 2019.\n\n"} {"url": "https://www.dotproperty.com.my/blog/singapore-named-asia-pacifics-top-city-green-commercial-real-estate-sea-lags-behind", "title": "Singapore named Asia-Pacific\u2019s top city for green commercial real estate, SEA lags behind", "body": "\n\nSingapore was named Asia-Pacific\u2019s top city for green commercial real estate in a new Knight Frank report due to its low carbon emissions per person, ample green spaces and low urbanization pressures. However, only one other Southeast Asia city managed to finish in the top-20 with the region having more work to do in this area.\n\n\nThree Australian cities placed in the top-five with Sydney (second), Perth (fourth) and Melbourne (fifth) all recognized. Wellington, New Zealand finished third. All of Asia-Pacific\u2019s top cities for green commercial real estate shared similar attributes but are unique in their own ways.\n\n\nRead More:\n\u00a0\nData Centers May Be The Philippine Real Estate Industry\u2019s Next Big Growth Area \n\n\n\u201c\nSingapore\n stands out due to a comprehensive green building certification scheme and an ambitious plan to become a low-carbon built environment. Liveable cities like Sydney and Wellington boast ample green spaces that have been critical for inhabitants during prolonged lockdowns, providing a reprieve from highly urbanized lifestyles,\u201d Christine Li, Knight Frank Head of Research, Asia-Pacific, said.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCommercial property investors are becoming cognizant of changing trends. For example, more tenants are in the market for green buildings. Knight Frank noted that demand currently outstrips supply in this segment and landlords can ask for a 10 percent premium on sustainably-rated buildings.\n\n\n\u201cInvestors are placing more emphasis on strategies that maximize their returns from their ESG efforts. We have seen a swift uptake of ESG metrics benchmarking in the APAC region in recent years, motivated by the imminent need to curtail climate risks.\u201d Neil Brookes, Head of Global Capital Markets, stated. \u201cWith debt cost soaring, yield-seeking investors will also be compelled to move up the risk curve to secure the desired spreads. Many will gravitate to more active asset management strategies, such as repurposing and value-add plays, to generate alpha. Adopting sustainable measures not only enhances portfolio security but has been proven to add a positive price premium to assets.\u201d\n\n\nKuala Lumpur\n finished 19\nth\n on Knight Frank\u2019s list of top cities for green commercial real estate and was the only other Southeast Asia city to make the cut.\n\n\nRelated:\n\u00a0\nAPAC commercial property investors eye overseas safe havens\n\n"} {"url": "https://www.dotproperty.com.my/blog/singapore-orchard-road", "title": "5 unknown facts about Singapore\u2019s Orchard Road", "body": "\n\n\n\nOrchard Road is a popular destination for Malaysians visiting Singapore. With world famous shopping, countless dining options and lush greenery all around, the area has become popular with tourists and locals alike. Despite its popularity, there are still some facts about the street that might as well be secrets. Here are five things you might not know about Orchard Road.\n\n\n1) It used to be orchards\n\n\nBefore the days of luxury shopping centres and busy department stores, Orchard Road was known for its namesake, Orchards. In the 19\nth\n\u00a0century, the area was home to\u00a0gambier\u00a0and pepper plantations before giving way to nutmeg and fruit orchards at the turn of the century.\n\n\n2) You can see it all at ION Orchard\n\n\nMost people stopping by ION Orchard head right to the shops, or maybe even the International Property Show, but some of the best views can be found at the\u00a0\nION Sky Viewing Gallery\n. Located on the 55\nth\n\u00a0floor, it\u2019s open to the public and provides awesome views of the city.\n\n\n3) TANGS first opened by a cemetery\n\n\nTANGS department store on Orchard Road has been open for nearly 60 years now, but when it first welcomed customers back in 1958 some thought it was doomed. That\u2019s because it was located across from a Chinese cemetery, something seen to be unlucky. However, the move paid off for CK Tang as shoppers flocked to the store and many other shopping centres soon followed his lead.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4) More than name brands\n\n\nWhile Orchard Road is known for being the home of some of the most prestigious brands in the world, 313@Somerset has a number of boutique shopping options with several local brands on display. You can find everything from hip women\u2019s fashion to rare basketball jerseys here. It\u2019s worth checking out if you\u2019re suffering from brand fatigue.\n\n\n5) The King of Thailand Use To Own An Orchard Road Mansion\n\n\nThailand\u2019s beloved King Chulalongkorn took his first official visit outside of the country in 1871 travelling to Singapore. The trip left an impression on the Monarch who would later purchase what was then known as Hurricane House on Orchard Road. The mansion is still standing today and is home to the Royal Thai Embassy in Singapore.\n\n\nLooking for a place to work on Orchard Road during your next trip to Singapore?\u00a0\nInstant Offices has several serviced offices listed on Dot Property Singapore\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/singapore-property-prices-road-recovery", "title": "Singapore property prices on the road to recovery", "body": "\n\n\n\nThere is now more tangible evidence that the Singapore real estate market is in full-blown recovery mode. Singapore property prices recorded the biggest price increase in eight years, rising 3.1 percent during the first three months of 2018, according to the Urban Redevelopment Authority.\n\n\n\u201cThere\u2019s no denial we\u2019re entering an escalating market in light of higher land prices,\u201d \nDesmond Sim, CBRE\u2019s Southeast Asia head of research, told Bloomberg\n.\n\n\nResidential prices in Singapore had declined for 15 consecutive quarters before reversing course late last year. This marks the third straight quarter home prices in the city-state increased with developers now aggressively looking to acquire land for new projects.\n\n\n\u201cSingapore\u2019s residential market has passed its inflection point, embarking on an exciting recovery journey,\u201d \nChristine Li, director of research at Cushman & Wakefield, commented\n. \u201cWith brighter economic prospects and improved market sentiment in the next two to three years, developers are increasingly sourcing land sites to ride the wave of growth for the rest of the decade\u201d.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe recovery of Singapore property prices highlights the fact that the government\u2019s cooling measures may finally be wearing off. However, the government raised taxes on home purchases exceeding SGD1 million (USD 764,000) in February and may look to roll out a new round curbs in the future.\n\n\nSingapore condominium prices on the rise\n\n\nResale condominium and private apartment prices hit a new peak, rising 1.9 percent in February from the previous month, the Straits Times reported. This was the biggest increase since January 2014 and significantly beat estimates from industry analysts.\n\n\nThe rising residential resale prices aren\u2019t limited to one area. The \ncore central\n region (CCR)\n, rest of the central region (RCR) and outside central region (OCR) all recorded significant price growth in February. Resale condominium and private apartment prices are up by more than 7 percent during the last 12 months.\n\n\nLooking for a condo? Don\u2019t wait for Singapore property prices to increase further. \nFind your new property on Dot Property Singapore\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/singapore-rises-thailand-falls-latest-global-cost-of-living-rankings-for-overseas-workers", "title": "Singapore rises and Thailand falls in latest global cost of living rankings for overseas workers", "body": "\n\nOverseas workers are finding it more expensive to live in Singapore while money is going further in Thailand these days. Those were two of the most notable findings in the latest Cost of Living research published by ECA International.\n\n\nBangkok fell 12 positions in the rankings and now sits at 57\nth\n place globally. This is the second consecutive year the Thai capital dropped in the global cost of living rankings for overseas workers. Meanwhile, all other cities in Thailand are no longer among the world\u2019s 125 most expensive locations.\n\n\n\u201cThe long-term effects of limited tourism and restricted overseas travel continue to impact the Thai economy, causing all Thai locations to plummet in the rankings. The lack of overseas visitors has weakened the baht while inflation rates, as measured by our baskets of goods, has been lower in Bangkok in comparison to most other locations in the region,\u201d Lee Quane, Regional Director \u2013 Asia at ECA International, noted.\n\n\nOn the other hand, Singapore rose in the latest global cost of living rankings for overseas workers. The city state is now the 12th most expensive location in the world and ranks seventh in Asia.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cSingapore has witnessed relatively high rates of inflation in the past year when measured by our basket of goods,\u201d Quane stated. \u201cInflation in day-to-day items has been accompanied by relatively high rates of growth in costs of rental accommodation. This contributed to Singapore\u2019s rise of two places in the rankings along with the relative strength of the Singapore dollar against the yen and US dollar.\u201d\n\n\nRelated:\n \nCurrency corrections see cost of living for expats fall in Southeast Asia\n\n\nAnd while places like\u00a0\nThailand\n\u00a0and\u00a0\nVietnam\n\u00a0are falling in the cost of living rankings for overseas workers, this doesn\u2019t mean it is less expensive to stay here. Quane points out that it is cheaper when compared to other countries but the actual cost isn\u2019t declining.\n\n\n\u201cAbsolute living costs have not fallen in Southeast Asia as prices have risen across most countries in the region. The rate at which prices grew in the region was in line with the wider Asia Pacific region, and is similar to the rates of inflation witnessed in other regions such as Europe and North America,\u201d Quane noted. \u201cOn the other hand, our research saw significantly larger increments in the prices of goods and services in Africa and Latin America locations, which tend to have high inflation rates historically.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/singapore-still-tops-vietnam-thailand-rise-liveability-rankings", "title": "Singapore still tops, but Vietnam and Thailand rise in liveability rankings", "body": "\n\nSingapore once again finished atop the liveability rankings, but Thai and Vietnamese cities improved last year\n\n\nWhile cities such as Bangkok and Ho Chi Minh City won\u2019t be surpassing Singapore anytime soon, they are becoming more liveable for East Asian expats. Several Thai and Vietnamese cities rose in the latest Location Ratings survey published by ECA International.\n\n\n\u201cLiveability has improved in Thai and Vietnamese locations due to the economic growth that both countries are seeing currently. As Vietnam develops and invests in better infrastructure, living standards have improved for locals and expats in the country,\u201d Lee Quane, Regional Director \u2013 Asia at ECA International, explained. \u201cMeanwhile, for the Thai locations in our list, the success of the recent peaceful democratic elections means that cities in the country have seen an improvement in the political situation too \u2013 something that inevitably improves liveability levels for expatriates.\u201d\n\n\nWith increasing Japanese investment in Thailand, more expats from Japan are living in Thailand. According to JRE development, an estimated 70,000 Japanese expats currently reside in Thailand with most being based in Bangkok and the country\u2019s Eastern Seaboard.\n\n\nNo changes at the top of the\u00a0liveability rankings\n\n\nFor the 14\nth\n year in a row, Singapore was named the most liveable city for East Asian expats by ECA International.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cSingapore has consistently featured at the top of our liveability rankings for Asian expats for well over a decade and this year is no different. Singapore boasts excellent infrastructure and amenities across the board, as well maintaining low crime rates and a large expatriate community, meaning that Singapore stays in the top spot and most likely will do for the considerable future,\u201d Quane stated.\n\n\nLiveability in Hong Kong declines\n\n\nAfter a year filled with unrest and economic uncertainty, Hong Kong fell 52 places in the latest Location Ratings survey. It was passed by several other major Asian financial hubs including Seoul and Taipei.\n\n\n\u201cThe scale of Hong Kong\u2019s fall in our rankings is unprecedented and is a consequence of ongoing socio-political tensions in the city\u201d Quane said. \u201cNot only are the heightened political tensions worrying for expats living in the region, protests that have regularly taken place since mid-2019 have had a negative effect on areas of everyday life which are often taken for granted. This includes disruptions to Hong Kong\u2019s transportation infrastructure and a rise in crime rates since the protests began.\u201d\n\n\nECA\u2019s Location Ratings system evaluates more than 490 locations as part of the survey. It then creates liveability rankings based on a host of factors to form an assessment of the overall quality of living for Asian expats.\n\n"} {"url": "https://www.dotproperty.com.my/blog/singaporeans-see-the-beauty-in-pengangs-older-real-estate", "title": "Singaporeans lured by the old", "body": "\n\n\n\nPenang\u2019s heritage buildings are becoming a focus for investors.\n\n\nGeorge Town, the capital of Penang, is fast becoming the property hot spot for Singaporean investors. Keen to own a slice of history, the investors are targeting pre-war shop houses. Favouring rows of at least 10 properties as opposed to single units.\n\n\nSometimes paying over the odds in order to secure the property, local agents are commenting that investors are seeing that the pre-war properties are a valuable asset, something which locals do not\u00a0yet associate with. \n\n\nThe result is that rents in George Town are varying dramatically. Depending\u00a0on the owner, properties range from RM 1,300 per month up to RM 10,000.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOlder properties in London that have been updated internally appreciate more in value in comparison to newer buildings. In Asia newer buildings are typically most in demand, but with this increased interest in Penang\u2019s older buildings, this trend could be changing. \n\n"} {"url": "https://www.dotproperty.com.my/blog/six-top-companies-named-thailands-best-real-estate-agencies-2021-d", "title": "Six top companies named as Thailand\u2019s Best Real Estate Agencies 2021", "body": "\n\nForbest Properties celebrates winning Thailand\u2019s Best Real Estate Agencies 2021\n\n\nThis article on Thailand\u2019s Best Real Estate Agencies 2021\u00a0appeared in the most recent issue of Dot Property Magazine. \nClick here to read it\n!\n\n\nA total of six firms made the list as Thailand\u2019s Best Real Estate Agencies 2021. These companies were instrumental in assisting property buyers and sellers during what was an extremely challenging 12 months.\n\n\nSEA Property \n\n\nSEA Property\n\n\nFor the second consecutive year, SEA Property has been named as one of Thailand\u2019s Best Real Estate Agencies. Overseen by Norbert Witthinrich, the firm has a long track record of success when it comes to Phuket real estate.\n\n\nRelated:\n \nSEA Property returns to its roots with rebrand\u00a0\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nShinyu Real Estate\n\n\nShinyu Real Estate\n\n\nFaithfulness, punctuality and sincerity are what drive Shinyu Real Estate and allow the company to build meaningful relationships. This empowers customers to confidently make the best possible property decision.\n\n\nPearl Property Pattaya\n\n\nPearl Property Pattaya\n\n\nThis dynamic property agency has brought a fresh approach to the Eastern Seaboard real estate market. From its popular YouTube channel to using the latest technologies, Pearl Property Pattaya is engaging home seekers in new and innovative ways.\n\n\n\u00a0Related:\n\u00a0\nPearl Property Pattaya proves looking for a new home can be fun\n\n\nForbest Properties \n\n\nThis Bangkok-based agency has more than 30 years of experience having grown up alongside the capital\u2019s real estate market. These days, Forbest Properties is known as a trusted partner who works diligently to find the best property for the right buyer.\n\n\nPBRE Real Estate \n\n\nPBRE\n\n\nFounded in 2005, PBRE Real Estate has opened five new offices this year and is now the Eastern Seaboard\u2019s largest agency. The firm is dedicated to providing customers beyond the best service shaped by experience, industry knowhow and professionalism.\n\n\nKeep Reading:\n\u00a0\nPBRE brings a new level of service to Thailand real estate\n\n\nCMP Realty \n\n\nCMP Realty\n\n\nCMP Realty assists global customers looking for property in and around Pattaya and Phuket. What\u2019s more, it is backed by an international name with activity all over the world making them a well-connected and experienced agency. \n\n\n "} {"url": "https://www.dotproperty.com.my/blog/skyscraper-rents-rising-fast", "title": "Skyscraper rents rising fast", "body": "\n\n\n\nIn the latest Skyscraper Index, a report which examines the rental performance of commercial buildings more than 30-storeys across the world, showed that rents in skyscrapers in London rose 9.7 percent during the second half of 2015.\n\n\nReal estate firm Knight Frank reported that London also topped the table for rental growth in the previous Skyscraper Index, which covered the first half of 2015.\n\n\nThis far outstripped the growth in rents seen in other global cities, with rents in skyscrapers in San Francisco and Hong Kong rising 4.76 percent and 3 percent respectively over the same period.\n\n\nSingapore was the only global city where skyscraper rents significantly decreased during the period, with the 4.75 percent drop attributed to over-supply and diminishing occupier confidence as a result of the slowdown in the Chinese economy.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRents in Hong Kong\u2019s skyscrapers continue to be the highest in the world by some margin, reaching US$ 263 per sq ft in H2 2015. New York retains its second position, where skyscraper rents are currently US$ 155 per sq ft, with Tokyo third (US$ 129 per sq ft).\n\n\nThere has been much debate around the future of London\u2019s skyline, but the rental performance of skyscrapers points to the fact there is huge demand for space in landmark, tall buildings and we expect the upward pressure on rents to continue.\n\n\nFor the second time in 12 months, London is the fastest growing office tower market in the world, due to its diversity of occupier demand and constrained supply.\n\n\nIn the U.S., the rapid expansion of the tech sector is underpinning rental growth for towers in cities like San Francisco and Boston.\n\n\nInterestingly, Mumbai\u2019s emergence as a top performer has benefited from growth in tech, as it surpassed financial and business services as the top occupier of office space in the second half of 2015.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/skyworld-reached-the-top", "title": "SkyWorld reached the top", "body": "\n\n\n\nSkyWorld\u2019s SkyAwani\u2019s 1 Residences due to complete ahead of schedule.\u00a0\n\n\nSkyAwani 1 Residences at Sentul, Kuala Lumpur, celebrated a Topping Off ceremony. Developed by SkyWorld Development Group, SkyAwani 1 is due to complete in 2018. The 1,226 units are well positioned for first time buyers. This is due to its attractive price point starting at MYR 300,000. Plus each unit has layouts that optimise space and have a host of facilities on offer. At the ceremony it was announced that SkyAwani 1 Residences is the first RUMAWIP affordable home that\u00a0is in compliance with QLASSIC standards set by the Construction Industry Development\u00a0Board Malaysia (\u201cCIDB\u201d).\n\n\nSpeaking at the event, YB Datuk Seri Utama Tengku Adnan, Minister of Federal Territories, said, \u201cSince the inception of\u00a0SkyWorld, they have gone through transformation progress \u2013 starting the first Quality Centre\u00a0in Malaysia, the first to provide QLASSIC quality for its RUMAWIP SkyAwani Residences and\u00a0further reinforcing its presence by receiving more than 16 local and international awards. SkyWorld\u2019s commitment to quality projects should be praised and should be emulated by\u00a0other RUMAWIP developers so that the quality aspects such as high-quality workmanship\u00a0are emphasised in their developments. I believe the RUMAWIP project developed by\u00a0SkyWorld will increase in its market value and is something that is \u2018value for money\u2019 to its\u00a0buyers\u201d.\n\n\nAttendees\n\n\nAlongside\u00a0YB Datuk Seri Utama Tengku at the ceremony was\u00a0YBhg Tan Sri Datuk\n\nSeri M Kayveas, My PPP President & Special Advisor to the Transport Minister, YB Senator\n\nDato\u2019 Dr. Loga Bala Mohan, Deputy Minister of Federal Territories, YB Senator Datuk Haji\n\nYahaya Bin Mat Ghani @ Abbas, UMNO Chief Batu Division, YBhg Datuk Seri Adnan Bin Haji\n\nMd Ikshan, Chief Secretary of Federal Territories, YBhg Tan Seri Haji Mhd. Amin Nordin bin\n\nAbd. Aziz, Mayor of Kuala Lumpur and Datuk Ng Thien Phing, Founder & Group MD of\n\nSkyWorld.\n\n\nSkyWorld\u2019s\u00a0Datuk Ng revealed, \u201cA big part of our job, as a KL-centric city developer is to provide the\u00a0ultimate Sky Living experience in a sustainable environment. Be it for affordable apartments\u00a0or exclusive condominiums, we are committed to our three key strengths. Value creation\u00a0(strategic location & quality finishing), integrated Sky Living experience (good amenities &\u00a0facilities) and innovative designs & concepts. We have successfully launched 1,934\u00a0affordable homes under our SkyAwani 1 & 2 collection \u2013 with an estimated GDV of MYR 464.5\u00a0million and MYR 303.6 million respectively. Both developments received 100 percent take-up during\u00a0the first day of opening. Today, our SkyAwani 1 Residences saw its successful Topping Off\u00a0ceremony and targeted for early handover in 2018. With these successful track records, we\u00a0unveiled SkyAwani 3 on July 2017, offering 1,905 innovative affordable homes with\u00a0interconnecting SkyBridge and SkyGardens. To-date, we have received over 2,000 keen\u00a0registrants on this project.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/skyworld-unveils-skyawani-3-residences", "title": "SkyWorld unveils SkyAwani 3 Residences", "body": "\n\n\n\nSkyWorld\u2019s award-winning SkyAwani series has become a popular choice for first-time homebuyers as a starter home since it provides extraordinary value, practical layout and full-fledged condominium facilities. SkyAwani 1 & 2 quickly achieved 100 percent take up and on the back of that success, SkyWorld recently unveiled SkyAwani 3 Residences.\n\n\nSkyWorld, \nwinner of Best Emerging Developer at The Dot Property Malaysia Awards 2017\n, hosted an appreciation gala for more than 2,000 SkyAwani 1 & 2 purchasers to celebrate its success and show off the new SkyAwani 3 Residences. YBhg Datuk Seri Mohd Amin Nordin Abdul Aziz, Mayor of Kuala Lumpur, was on hand to officiate the event on behalf Minister of Federal Territories, YB Datuk Seri Utama Tengku Adnan.\n\n\n\u201cSkyWorld has come a long way since 2008 \u2013 growing from strength to strength \u2013 breaking new grounds by starting the first Quality Centre in Malaysia, first to provide QLASSIC quality for its RUMAWIP SkyAwani Residences and further reinforcing its company presence by receiving more than 16 local and international awards. SkyWorld\u2019s commitments to quality projects is a commendable move and in line with our Federal Territories efforts in transforming the property landscape to a vibrant and prosperous community,\u201d YBhg Datuk Seri Amin said.\n\n\nSkyAwani 3 Residences is truly\u00a0one-of-a-kind\n\n\nThe newly launched \nSkyAwani 3 Residences\n features Malaysia\u2019s first and longest sky gardens as well as three interconnected, 51-storey towers. Additionally, the development has 20 facilities for residents to enjoy. Tower A & B have 669 units respectively and Tower 3 boasts 567 units.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cA big part of our job, as a KL-centric city developer is to provide the ultimate Sky Living experience in a sustainable environment. Be it for affordable apartments or exclusive condominiums, we are committed to our three key strengths; value creation (strategic location & quality finishing), integrated Sky Living experience (good amenities & facilities) and innovative designs & concepts,\u201d Datuk Ng Thien Phing, founder and group MD of SkyWorld, stated.\n\n\nHe continued, \u201cWe have successfully launched 1,934 affordable homes under our SkyAwani 1 & 2 collection. The SkyAwani 1 has already achieved over 50 percent completion and targeted for early handover.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/slowdown-in-london", "title": "Slowdown in London", "body": "\n\n\n\nReal estate firm JLL has predicted that new development supply in the Central London residential market will continue to slow as a result of significant changes made recently by Government.\n\n\nNeil Chegwidden, Director of Residential Research at JLL, said: : \u201cWhilst the number of units under construction in Central London continued to climb during 2015 \u2013 with a 28 percent increase in the last year and 10 percent growth in H2 2015 \u2013 there are signs this is activity is beginning to plateau.\n\n\n\u201cThe number of new unit starts in H2 2015 was lower than in H1, suggesting developers are beginning to slow their rate of delivery. Furthermore, and perhaps most significantly, the number of units seeking planning permission declined by 27 percent during the second half of last year compared with H1 2015, suggesting that developers are set to slow future development rates. This looks worrying at a time when new housing delivery needs to increase rather than fall.\u201d\n\n\nHowever, this has clearly been a reaction by developers to the recent political uncertainty, higher tax regime and slower sales market. The sales market had already been easing prior to the Autumn Statement in November, announcing that investors and second home buyers will have to pay an additional 3 percent stamp duty on purchases from April 2016, but this has further dampened London residential demand.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPrice movements across London have been mixed over the last year and during Q1 2016, and whilst values have increased by 0.2 percent during Q1 2016 across Central London as a whole, this masks a 0.3 percent fall in Core markets and a 0.7 percent increase in Outer Core markets.\n\n\nBroadly speakin lower value and Outer Core submarkets have experienced stronger price growth compared with higher value Core locations. The East continues to demonstrate the strongest price growth, seeing 7.0 percent in the year to Q1 2016 while the more expensive central submarkets, such as Central West and the West End, have experienced average price falls of 5.3 percent and 2.9 percent respectively.\n\n\nDevelopers are experiencing varying degrees of success with their schemes, directly related to location and price point but broadly speaking. Developments in Outer Core submarkets are still selling well, with pricing usually in the \u00a3400 to \u00a3800 per sq ft range, as too are the lower-priced units in the less expensive Core markets, especially where developers are open to negotiation.\n\n\nChegwidden concluded: \u201cMarket conditions are highly location dependent \u2013 Outer Core markets where pricing is lower and buyers are largely domestic owner-occupiers will continue to perform well; markets more reliant on investor demand are proving more sensitive with developers and buyers jockeying for position.\n\n\n\u201cThe EU Referendum is exerting additional uncertainty and the outcome of this in June will be a key factor as to how this market performs in the latter half of 2016.\n\n\n\u201cIf the UK elects to exit the EU, a period of conjecture and debate will ensue. The upshot for the Central London residential development market will not necessarily be weaker in the long-term but it will undoubtedly mean reduced activity and pricing in the short-term with a less certain medium-term prognosis.\n\n\n\u201cHowever if the vote is to stay in, normal service will resume almost immediately. This still means that location, pricing and stamp duty effects will be key determinants, but we expect that a sound, safe and highly sought after London residential market will re-emerge once the dust settles and the market has adjusted to the new tax regime.\u201d\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/small-size-samui-allows-standout", "title": "The small size of Samui allows it to standout", "body": "\n\nThis article on Samui and the island\u2019s property market comes to Dot Property Group from some of the island\u2019s real estate agents: Lazudi, \nSunWay Samui\n and \nHorizon Homes\n.\n\n\nSometimes bigger isn\u2019t always better. Look no further than the pristine island of Koh Samui for proof of that. Its smaller size has allowed it to retain a quaint charm and lifestyle people love. And you are never far from an excellent beach. This also helps make Samui unique from a real estate perspective.\n\n\nIts property market is smaller than both Pattaya and Phuket, which makes it a very attractive destination for some buyers. That\u2019s because the island\u2019s size means projects here are generally lower in density and most of them are within a short distance to some of the best beaches in Thailand.\n\n\nAnd while lifestyle amenities, such as Fisherman\u2019s Village and CentralFestival Samui, have been built up over time, there hasn\u2019t necessarily been an influx of mass residential development alongside this. The end result is a place that is both modern and boutique.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWe spoke to Alex Ambrosov, Managing Director of SunWay Samui, about this phenomenon and here\u2019s what he had to say, \u201cKoh Samui is very unique and different from other destinations in Thailand. It lacks large developments and condominiums, but it absolutely has the best sea views and reasonably priced sea view villas when compared to Phuket or elsewhere in \nThailand\n and \nSoutheast Asia\n.\n\n\nHe continued, \u201cIt also has well-developed infrastructure, fine dining places, hospitals, shopping centers, international schools and an international airport that will hopefully be back in active operation with direct flights to Singapore, Hong Kong, Kuala Lumpur and other destinations.\u201d\n\n\nMeanwhile, \u201cthe COVID-19 pandemic provided the island with a chance to make some improvements as it relates to infrastructure. Work is still needed, but those who are already familiar with Samui will be impressed.\n\n\nFrom what we\u2019ve seen, the local government has really made use of the past 18 months and upgraded a lot of infrastructure on the island. A lot of people will be very surprised when they next visit.\n\n\nOf course, the situation is not perfect. Connectivity to Bangkok and other main areas is something that could certainly be improved, and it will be over time. However, this also provides the island with a feeling of exclusivity which fits very well with the kind of projects that Samui has.\n\n\nAccording to one of the island\u2019s leading property developers, Horizon Homes, that feeling of exclusivity has helped Samui create a lifestyle that is appealing to more and more people.\n\n\n\u201cBuying property in Koh Samui is as much about an improvement in lifestyle as it is the investment factor these days. People are re-evaluating their own lives and the path they are on. All of a sudden, those long held dreams of moving to tropical paradise are gaining traction and the possibilities are explored.\u201d Alex Armitage, CEO of Horizon Homes, says. \u201cIt is never too early to improve your lifestyle and there are some good deals to be had now that may not exist once the tourists start to return and the situation around the world normalizes.\u201d\n\n\nThat also aligns with what SunWay Samui is currently seeing. People aren\u2019t solely looking at Samui as a place to visit or invest, but as a place where they can indulge in the lifestyle they have always dreamed of.\n\n\n\u201cWe see market trends moving away from holiday rental investment purchases to personal use homes. Koh Samui itself stands out as a place probably least affected by COVID lockdowns and restrictions. You can enjoy living in beach side private villas with stunning sea views, open restaurants and bars and daily life pretty much in the same lifestyle as before,\u201d Ambrosov adds.\n\n\nThe downside to Samui\u2019s smaller size is that its property market isn\u2019t as well-known as some others in Thailand. However, those concerned about quality don\u2019t have any reason to worry.\n\n\nAt Lazudi, we believe the main difference between projects in Samui and other locations isn\u2019t related quality, as you\u2019ll find most developments are of a good standard. It has more to do with size. There isn\u2019t 400+ unit condo projects, which may be a positive thing depending on what you are looking for.\n\n\nFortunately, just like Phuket and other key locations in Thailand, Samui has a good number of long-standing, very reputable property developers who have been building high-quality properties for more than 10 years.\n\n\nExplore available Samui properties from Lazudi\n\n"} {"url": "https://www.dotproperty.com.my/blog/smaller-units-for-battersea", "title": "Smaller units for Battersea", "body": "\n\n\n\nA London property project that attracted more than 400 buyers from Southeast Asia for its first phase of sales three years ago is now considering reducing the size of units amid rumours the larger units are struggling to sell.\n\n\nThe developers of Battersea Power Station (pictured), which sold to buyers and investors in Malaysia, Singapore, Thailand and Hong Kong, are reported to be considering the move following research last year that revealed that there are far more luxury flats being built in London than have sold historically.\n\n\nThis has lead many market watchers to predict a glut of large, high value properties that will struggle to sell. To those within the lettings industry these headlines come as no surprise as they have long known that smaller, less expensive properties see the strongest demand even during boom period.\n\n\nDevelopers across London are now re-examining the final phases of many schemes that were expected to include three- and four-bedroom apartments and penthouses. With the slow down at the top end of the market and an oversupply of luxury properties, many developers are considering lowering the specifications or carving these larger apartments into one- and two-bedroom units. These will sell more quickly and crucially, those bought for investment will let more quickly.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAccording to Benham & Reeves Residential Lettings\u2019 own statistics, 49 percent of all flats let across its 15 London offices have been two-bedroom apartments. One-bedroom units constitute 22 percent of all transactions, studios 11 percent and the remaining 18 percent are apartments and houses with three or more bedrooms. These statistics are unsurprising when compared to the ONS research from 2013 that showed that 38 percent of rented households are occupied by just one person.\n\n\n\u201cThe problem is two-fold,\u201d explained Marc von Grundherr, Lettings Director at Benham & Reeves Residential Lettings.\n\n\n\u201cFirstly, the top end of the market was booming so naturally developers started building luxury properties. No block of flats was complete without one, two or three multi-million pound penthouses, not to mention other high-end developments in prime areas where the starting price was \u00a3 1 million. Now that these properties are finally hitting the market, demand has dried up.\n\n\n\u201cSecondly, this isn\u2019t Hong Kong or Manhattan. British families tend not to live in large apartments but in houses. Flats are for individuals, couples and downsizers. Even when we get a family asking for a larger property, they\u2019re often renting while they look for something to buy or while they\u2019re renovating their principle property.\n\n\n\u201cDevelopers, and especially planners, need to recognise where the demand is. It\u2019s for smaller units that let more easily and these units are also the ones in demand by owner occupiers.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/smdc-celebrates-top-developer-philippines-along-several-honors", "title": "SMDC celebrates being the top developer in the Philippines along with several other honors", "body": "\n\n\n\n\n\nDeveloper of The Year 2022\n\n\nBest Starter Home Condo Development \u2013 Joy Residences\n\n\nBest Township Development \u2013 Gold City\n\n\nBest Mixed Used Development \u2013 Air Residences\n\n\nBest Investment Property North Luzon \u2013 Now Residences\n\n\nBest Investment Property South Luzon \u2013 Calm Residences\n\n\nBest Investment Property Metro Manila \u2013 Light 2 Residences\n\n\nBest Investment Property Iloilo City \u2013 Glade Residences\n\n\n\n\nSMDC collected seven project awards this year\n\n\nSM Development Corporation has been extremely busy over the past 12 months. With a Philippine property market recovery well underway, the firm has looked to support the dream of home ownership with high-quality projects that meet the needs of today\u2019s residents. It\u2019s safe to say this hard work was recognized at the Dot Property Philippines Awards 2022 where the developer was presented with an impressive eight honors.\n\n\nThat total included the Developer of The Year 2022 award, the event\u2019s top honor. SMDC is behind a wide range of exciting residential developments in several key locations across the Philippines. And no matter where the firm launches a project, it offers homebuyers an outstanding place to live as well as a strong real estate investment.\n\n\nIn addition to Developer of The Year 2022, SMDC took home seven project awards with developments in North Luzon, South Luzon, Iloilo City and Metro Manila all recognized at the Dot Property Philippines Awards this year.\n\n\nMeanwhile, SMDC\u2019s Air Residences in Makati was named Best Mixed Use Development with its special blend of convenient location, signature amenities and popular retail spaces standing out. The developer\u2019s Gold City was selected as Best Township Development this year. Those two Metro Manila projects are perfect examples of the homebuilder\u2019s approach to building in the city.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cSMDC is always mindful of the changing landscape in Metro Manila. We always like keeping out ear to the ground so that we understand the trends as well as what the buyers\u2019 tastes, needs and financial capabilities,\u201d Jose Mari Banzon, SMDC President, previously told Dot Property Group. \u201cBecause of that, our projects are always evolving.\u201d\n\n\nRead More:\n\u00a0\nSMDC and RLC Residences lead an impressive collection of winners at the Dot Property Philippines Awards 2022\n\n"} {"url": "https://www.dotproperty.com.my/blog/smdc-rlc-residences-lead-impressive-collection-winners-dot-property-philippines-awards-2022", "title": "SMDC and RLC Residences lead an impressive collection of winners at the Dot Property Philippines Awards 2022", "body": "\n\nWinners celebrate at the Dot Property Philippines Awards 2022 presentation ceremony\n\n\n\n\n26 winners from across the Philippines were honored at Dot Property Philippines Awards 2022\n\n\nSMDC won the most awards this year including Developer of the Year\n\n\nThe Philippines People\u2019s Choice Award for Project of the Year 2022 went to AmiSa Private Residences of RLC Residences\n\n\n\n\nSMDC and RLC Residences were among the biggest winners at the Dot Property Philippines Awards as each developer collected multiple honors. Festivities were hosted at The Rigodon Ballroom, The Peninsula Manila on September 15 with real estate leaders turning out for the industry\u2019s largest in-person celebration since the pandemic began. A total of 26 awards were handed out during the evening.\n\n\nWith the real estate market recovery in full swing throughout the country, the Dot Property Philippines Awards recognized the developers, projects and agencies leading these efforts.\n\n\n\u201cThere is genuine excitement around the Philippine real estate market. Not only have we seen interest in property increase across the Dot Property Group platform, but there have been multiple reports of demand picking up as well,\u201d Adam Sutcliffe, Dot Property Group Director, Events and International Markets, states. \u201cThis year\u2019s Dot Property Philippines Awards winners are playing a crucial role in the recovery of the real estate market. Their ability to deliver projects and services that meet the changing needs of today\u2019s home seekers truly makes them the best.\u201d\n\n\nIt was a big day for SMDC who were presented with eight honors, including Developer of The Year 2022, the most prestigious award. Meanwhile, Air Residences and Light 2 Residences were just a few of their projects to be recognized.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRLC Residences collected eight awards as well in 2022. In addition to winning Best Developer Metro Manila, the firm\u2019s Sierra Valley Gardens was named Best Sustainable Residential Development while Woodsville Crest was bestowed with Best Low Rise Condo Development. RLC Residences was also the recipient of the Special Recognition Award for Community Building\u00a0\n\n\nElsewhere at the Dot Property Philippines Awards 2022, Filinvest Land Inc. won three honors while The Piazza at The Grand Citygate Davao from Grand Land Inc. was presented with two awards.\n\n\nDeveloper of The Year 2022 \u00a0 \n\n\nSM Development Corporation\n\n\nThe Philippines People\u2019s Choice Award for Project of the Year 2022\n\n\nAmiSa Private Residences\n\n\nDot Property Philippines Awards 2022 developer winners\n\n\nBest Developer Metro Manila\n \u2013 RLC Residences\n\n\nBest Developer North Luzon\n \u2013 Filinvest Land Inc.\n\n\nBest Developer Cebu\n \u2013 Golden Topper\n\n\nBest Developer Visayas\n \u2013 Filinvest Land Inc.\n\n\nBest Developer Mindanao\n \u2013 Filinvest Land Inc.\n\n\nBest Developer Sustainable Living\n \u2013 RLC Residences\n\n\nDot Property Philippines Awards 2022 project winners\n\n\nSMDC took home several awards this year including Best Mixed Use Development\n\n\nThe Dot Property Philippines Awards 2022 once again celebrated the country\u2019s most outstanding projects. Notable winners this year include Sierra Valley Gardens from RLC Residences and Gold City from SMDC.\n\n\nBest Mid Range Condo Development\n \u2013 The Piazza at The Grand Citygate Davao from Grand Land Inc.\n\n\nBest Starter Home Condo Development\n \u2013 Joy Residences from SMDC\n\n\nBest Low Rise Condo Development\n \u2013 Woodsville Crest from RLC Residences\n\n\nBest Township Development\n \u2013 Gold City from SMDC\n\n\nBest Mixed Used Development\n \u2013 Air Residences from SMDC\n\n\nBest Sustainable Residential Development\n \u2013 Sierra Valley Gardens from RLC Residences\n\n\nBest Beachfront Development\n \u2013 AmiSa Private Residences from RLC Residences\n\n\nBest Condominium Architectural Design\n \u2013 The Sapphire Bloc from RLC Residences\n\n\nDot Property Philippines Awards 2022 investment winners\n\n\nProperty investment is playing an enormous role in the Philippine real estate market. Winners in these categories are high-quality projects that provide investors with opportunities for growth.\n\n\nBest Investment Property North Luzon\n \u2013 Now Residences from SMDC\n\n\nBest Investment Property South Luzon\n\u00a0 \u2013 Calm Residences from SMDC\n\n\nBest Investment Property Metro Manila\n \u2013 Light 2 Residences from SMDC\n\n\nBest Investment Property Cebu\n \u2013 Primeworld Pointe from Primeworld Land Holdings\n\n\nBest Investment Property Davao\n \u2013 The Piazza at The Grand Citygate Davao from Grand Land Inc.\n\n\nBest Investment Property Iloilo City\n \u2013 Glade Residences from SMDC\n\n\nSpecial Recognition Award for Community Building\n\n\nRLC Residences was won the Special Recognition Award for Community Building\n\n\nRLC Residences\n\n\nPhilippines\u2019 Best Real Estate Agencies 2022\n\n\nFamiliar faces found themselves among the winners of Philippines\u2019 Best Real Estate Agencies 2022 as both Tricia Liu Properties and Edukate Group Inc. took home the honor for a second consecutive year. They were joined by 2019 winner Pinnacle Real Estate Consulting Services Inc..\n\n\nTricia Liu Properties\n\n\nEdukate Group Inc.\n\n\nPinnacle Real Estate Consulting Services Inc.\n\n\nThe in-person celebration was a triumphant return for the Dot Property Philippines Awards after restrictions required a special hybrid ceremony in 2021. More than 200 of the real estate industry\u2019s best and brightest were in attendance this year.\n\n\n\u201cThe Dot Property Philippines Awards 2022 winners are truly exceptional. Their hard work and efforts are helping lift the entire real estate industry,\u201d Tanya Peralta-Yu, Dot Property Group Country Manager \u2013 The Philippines, explains. \u201cIt was also wonderful to come together and celebrate once again. The Dot Property Philippines Awards have become an event everyone looks forward to, so it\u2019s great for us to be back.\u201d\n\n\nNext up are the Dot Property Southeast Asia Awards which are set for December in Bangkok. For more details on how you can take part, please email \n[email\u00a0protected]\n\n"} {"url": "https://www.dotproperty.com.my/blog/soaring-sheffield-uks-next-property-hotspot", "title": "Soaring Sheffield is the UK\u2019s next property hotspot", "body": "\n\n\n\nSheffield could be the UK\u2019s next big property market as a housing shortage coupled with a strong demand for rentals are creating new opportunities for real estate investors. Known as the Steel City, a nod to the city\u2019s industrial past, Sheffield has bloomed into a modern metropolis.\n\n\nAccording to \na recent article in the Sheffield Telegraph\n, the economy is performing well with employment levels in the city and surrounding areas growing and incomes rising higher than inflation. The city is home to a pair of world class universities, University of Sheffield and Sheffield Hallam University, as well as several smaller educational centres. More than 50,000 students currently attend university in the Steel City.\n\n\nThis has benefited the city\u2019s property market. In fact, housing price growth in Sheffield outpaced London last year and should continue to rise. Home prices rose by more than 5.6 percent last year. The English capital only recorded home price growth of 1.5 percent in 2017.\n\n\nWhy is Sheffield attractive?\n\n\nFor starters, Sheffield is unofficially the greenest city in Europe with tree-lined streets and parks found throughout the metropolitan area. There is a lot more to the city than greenery. It is one of the most diverse in the UK, with unique neighbourhoods and plenty of entertainment options available to residents.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKelham Island is perhaps the most talked about place in Sheffield. It boasts a growing number of trendy restaurants and pubs with the waters of the River Don serving as a backdrop. And with the Sheffield city centre only 15-minutes away on foot, many of those attending events at The Crucible Theatre or O2 Academy Sheffield opt to stop by this district before and after the festivities.\n\n\nDemand but no supply\n\n\nDemand from both renters and buyers for homes around Kelham Island and Sheffield city is quite strong but there is a lack of modern, new-build developments. Only a few new projects are in the pipeline with investors in particular eyeing the opportunities these present.\n\n\nGreat Central\n\n\nThat\u2019s because rental yields in Sheffield are better than anything currently available in London. \nTotallyMoney\n\u00a0found rental yields in the Sheffield City Centre are more than eight percent. The only London neighbourhood to bring in a rental yield of more than six percent was Olympic Park.\n\n\nGreat Central\n\u00a0from Knight Knox and Qualis Developments aims to help meet the growing need for private rental properties in Sheffield. The fully-furnished units at the modern apartment complex come fitted with everything residents could want. For investors, this means they can take advantage of strong rental yields without needing to worry about things such as furniture.\n\n\nWant to know more about investing in Sheffield real estate? Great Central is holding a FREE information session on 14-15 July in Singapore. \nClick here to sign up\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/southeast-asia-need-stop-leaking-plastic-waste-ocean", "title": "What does Southeast Asia need to do to stop leaking plastic waste into the ocean?", "body": "\n\nNearly 80 percent of plastic waste that now ends up in the ocean comes from Southeast Asia\n\n\nPlastics are unavoidable in Southeast Asia. Plastic waste \nleakage\n into the ocean continues to be a major problem for many countries in the region. In a special three part series, Dot Property will look at the issue, a creative solution and what the future holds for ocean plastics.\n\n\nAccording to a report from the Ocean Conservancy and the McKinsey Center for Business and Environment, five Asian countries are responsible for nearly 60 percent of the plastic waste leaking into the ocean. Four of those countries, Indonesia, the Philippines, Vietnam and Thailand, are located in Southeast Asia.\n\n\nA 2015 paper published in the academic journal \nScience\u00a0\nestimated the amount of plastic in the world\u2019s oceans ranges from anywhere between 4.7 and 12.8 million metric tonnes. But these cold, hard numbers don\u2019t reveal the true impact of leaking plastic waste has on the oceans.\n\n\nAcross Southeast Asia, marine animals continue to die after ingesting plastic waste. In Thailand, an estimated 300 marine animals each year are killed in Thai waters after ingesting plastic, according to respected local marine ecologist, Thon Thamrong-nawasawat. It is a similar story in Indonesia, the Philippines and Vietnam.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThese tragic events have created greater awareness and caused both governments and the public take some action. But plastic remains pervasive in Southeast Asia. From the smallest transactions in convenience stores to massive packaging production, it\u2019s impossible to avoid.\n\n\nMany experts believe the most difficult challenge for developing countries when it comes to stopping plastic waster leakage is waste infrastructure. Unlike in Europe, where most countries have an extensive system for collection and sorting of plastic, Southeast Asia must invest in new technologies to improve waste management infrastructure.\n\n\nThis is especially true in the region\u2019s rural areas where in most cases the collection of recycled materials is inefficient or non-existent. Collecting waste is nothing new in urbanized areas where plastics are picked out at various stages of the collection process. It\u2019s a different story outside of the city.\n\n\nMost plastic waste leakage does not enter the ocean through direct contact. \nResearch from Eunomia\n, an independent environmental consultancy, found that 80 percent of all ocean plastic comes from land-based sources such as landfills.\n\n\nThere are numerous dumps sites in rural locations across Southeast Asia that are situated near rivers, tributaries, creeks and other water sources that eventually flow into the ocean. These facilities lack planning and infrastructure and are sometimes nothing more than a pile of trash. When floods or other natural disasters strike landfills, waste ends up in the water that eventually takes it to the ocean.\n\n\nStopping plastic waste leakage from landfills is a key to stopping plastics from entering the ocean. Improving existing waste management infrastructure is an important step in prevention, but it won\u2019t help prevent plastic that currently sits in landfills from finding its way into the ocean.\n\n\nBelieve it or not, there is a way to recover some of the plastic currently settled in Southeast Asian landfills. What\u2019s more, that unwanted plastic might have some value after all. In part two of our series on ocean plastics we look at how this material can be mined from landfills and used as energy.\n\n"} {"url": "https://www.dotproperty.com.my/blog/southeast-asia-skyscrapers-spring-impressive-rate", "title": "Southeast Asia skyscrapers spring up at an impressive rate", "body": "\n\nThe Petronas Towers were among the first Southeast Asia skyscrapers and remain a regional icon to this day \n\n\nSkyscrapers are becoming more common place in Southeast Asia\u2019s major metropolises. Kuala Lumpur and Singapore were the first cities to really go vertical, but they have since been joined by Bangkok and Jakarta as well as Ho Chi Minh City, Hanoi and Metro Manila to some extent. Even the skyline of Phnom Penh is being transformed as skyscrapers slowly populate the Cambodian capital.\n\n\nWhat\u2019s surprising to some is just how fast the region\u2019s skylines have risen. Most of these tall towers in places such as Bangkok and Ho Chi Minh City are relatively new. Of the 50 tallest skyscrapers in Southeast Asia, only seven were completed prior to the year 2000 with most being started well before the Asian Financial Crisis of 1997.\n\n\nThe crisis would halt work on most skyscrapers for the next 12 years as only three of the 50 tallest buildings in Southeast Asia opened between 1999-2009. The start of the 2010s would bring with it the golden age of skyscrapers in the region with a staggering 80 percent of skyscrapers completed after 2009.\n\n\nThe distribution of skyscrapers isn\u2019t even as countries have developed at their own pace. When you look at the construction of buildings 150+ meters, there are certainly some Southeast Asian cities that have grown quicker than others.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n150+ meter buildings in Southeast Asia\u2019s major cities\n\n\n\n\n\n\n\n\nCity\n\n\n150+ meter buildings completed\n\n\n150+ meter buildings under construction\n\n\n\n\n\n\nBangkok\n\n\n92\n\n\n15\n\n\n\n\n\n\nJakarta\n\n\n91\n\n\n16\n\n\n\n\n\n\nSingapore\n\n\n91\n\n\n2\n\n\n\n\n\n\nKuala Lumpur\n\n\n78\n\n\n27\n\n\n\n\n\n\nHo Chi Minh City\n\n\n16\n\n\n4\n\n\n\n\n\n\nHanoi\n\n\n9\n\n\nN/A\n\n\n\n\n\n\nManila\n\n\n7\n\n\n2\n\n\n\n\n\n\nPhnom Penh\n\n\n1\n\n\n1\n\n\n\n\n\n\n\n\n*All data from the Council on Tall Buildings and Urban Habitat\n\n\nWhile these totals pale in comparison to places like Hong Kong, New York, Shanghai and Dubai, they are still impressive in their own right. Especially when you consider that the majority of these have been completed in the last ten years.\n\n\nThis growth is one reason why we\u2019re releasing the first Dot Property Southeast Asia Skyscraper Annual found on in the latest issue of \nDot Property Magazine\n. Tall buildings are now commonplace in the region and this feature is designed to provide an overview of what\u2019s up.\n\n\nWe won\u2019t be simply ranking the buildings in each country by height since that information is already out there. Instead, the Dot Property Southeast Asia Skyscraper Annual will offer a look at some of the tallest, iconic and unique buildings. This includes both completed towers and a few in the pipeline.\n\n\nA couple of things to take note of. Firstly, the Dot Property Southeast Asia Skyscraper Annual doesn\u2019t cover Myanmar, Laos or Brunei. That\u2019s because there aren\u2019t buildings that can truly be defined as skyscrapers in these countries. Of this list, Brunei is the only country to have a skyscraper with the Ministry of Finance building in Bandar Seri Begawan standing at 120 meters. Meanwhile, Myanmar has a couple of proposed projects that could bring skyscrapers to the country within the next decade.\n\n\nFinally, data on these skyscrapers has been located from various sources including the Council on Tall Buildings and Urban Habitat, Emporis and building developers. There are some instances where these sources disagree on the exact heights of a building, but we have worked hard to ensure all information is as accurate as possible.\n\n\nThe only way to read the Dot Property Southeast Asia Skyscraper Annual in full is to check out the special double issue of Dot Property Magazine which is out now. \nClick here to download it\n.\n\n\nDot Property Magazine, Asia\u2019s premier real estate magazine, is out now. You can read it online by\u00a0\nclicking\u00a0here\n. If you prefer to read it on the go, download the FREE Dot Property Magazine app. You can find it in the\u00a0\nApple Store\n\u00a0and\u00a0\nGoogle Play\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/southeast-asias-best-best-developers-unveiled-2", "title": "Southeast Asia\u2019s Best of the Best Developers unveiled", "body": "\n\nWilson K. Granadis (center), Vice President for Sales and Marketing, and Crystal Chloe Ong-Chua (left), Citrineland\u2019s Internal VP for Sales and Marketing, received the award from Dot Property Magazine Editor in Chief Cheyenne Hollis (right) earlier this year\n\n\nAs part of The Dot Property Southeast Asia\u2019s Best of the Best Awards 2017, Southeast Asia\u2019s Best of the Best Developers were announced. The winners of this award were each recognised as being the leading developer from their region or country earlier this year.\n\n\nSoutheast Asia\u2019s Best of the Best Developers:\n\n\nBest Developer Indonesia \u2013 Ciputra Development\n\n\nBest Developer Vietnam \u2013 Novaland Group\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBest Developer Dalat \u2013 Dai Phuc Development\n\n\nBest Developer Cebu \u2013 Citrineland\n\n\nBest Developer Phuket \u2013 Blue Horizon\n\n\nBest Developer Samui \u2013 Horizon Homes\n\n\nBest Developer Rayong \u2013 Mae Phim Property\n\n\nBest Developer Chiang Mai \u2013 Rochalia Development\n\n\nAlso announced were the winners of The Dot Property Southeast Asia\u2019s Best of the Best Awards 2017. More than 20 developers and projects from Vietnam, Thailand, the Philippines and Malaysia were honoured this year as part of the year-end festivities designed to honoured the absolute best projects, developers and companies that contribute to real estate.\n\n\nDot Property Southeast Asia\u2019s Best of the Best Awards 2017 list of winners:\n\n\nDeveloper Awards:\n\n\nLuxury Developer \u2013 TNR Holdings Vietnam\n\n\nEmerging Market Developer \u2013 Anchor Land Holdings, Inc.\n\n\nResidential Developer \u2013 TTC Land (Formerly Sacomreal)\n\n\nBoutique Developer \u2013 Anpha Holdings\n\n\nCommunity Developer \u2013 8990 Holdings Inc.\n\n\nInnovative Developer \u2013 MIKGroup\n\n\nResidential Awards:\n\n\nModern Condo Development \u2013 The Park Residence\n\n\nMid-Market Condo Development \u2013 HausNeo\n\n\nInvestment Property \u2013 100 West\n\n\nRiverside Township \u2013 Mizuki Park Township\n\n\nLuxury Township \u2013 SimCity Premier Homes\n\n\nLanded Development \u2013 North Dasma Garden Villas\n\n\nRiver Front Property \u2013 Park Riverside & Park Riverside Premium\n\n\nVilla Compound \u2013 The Venica\n\n\nInvestment Condo Project \u2013 Grand Himalai\n\n\nMixed-use/Hospitality/Commercial Winners:\n\n\nUrban Lifestyle Development \u2013 Genting Indahpura\n\n\nCondotel Development \u2013 Ariyana Beach Resort & Suites\n\n\nBeach Front Development \u2013 M\u00f6venpick Resort Waverly Phu Quoc\n\n\nGreen Development \u2013 Asiana Capella\n\n\nSustainable Commercial Development \u2013 Anchor Land Corporate Center\n\n\nServiced Office \u2013 Workyos\n\n\nDesign Awards:\n\n\nInterior Design \u2013 Fortune Hill\n\n\nResidential Architectural Design \u2013 TNR GoldSeason\n\n\nLandscape Design \u2013 Best Western Premier Sonasea Phu Quoc\n\n"} {"url": "https://www.dotproperty.com.my/blog/southeast-asias-best-developers-find-success-across-segments", "title": "Southeast Asia\u2019s best developers find success across all segments", "body": "\n\nVietnam's Cat Tuong Group was named as one of the region's best developers last year\n\n\nInstead of retreating, the best developers in Southeast Asia found new ways to succeed this year. Whether through innovation, leveraging their strengths or a willingness to think outside the box, these Dot Property Southeast Asia Awards 2020 winners helped carry the real estate market forward.\n\n\nBreakthrough Developer \u2013 Cat Tuong Group\n\n\nCat Tuong Group recorded a historic year as it continues its journey to become a leading homebuilder. Its projects across multiple segments of the real estate market have received praise. In the residential sector, developments like Cat Tuong Western Pearl brought new levels of quality to the market. Cat Tuong Group is also recognized as a leader when it comes to green developments in the industrial segment.\n\n\nBest Developer (Resort Condominiums) \u2013 Sisaran\n\n\nBest Developer (Resort Condominiums) \u2013 Sisaran\n\n\nWhile some developers take a diverse approach to real estate, Sisaran believes in focusing on one thing and being the absolute best at it. The developer only builds resort condominiums in Bang Saray, a seaside destination with pristine beaches along Thailand\u2019s Eastern Seaboard. Projects such as Econdo Bang Saray feature sleek, environmentally friendly design with units specially created to reduce the negative impact residents have on the environment.\n\n\nBest Residential Developer \u2013 Hung Thinh Land\n\n\nBest Residential Developer \u2013 Hung Thinh Land\n\n\nHung Thinh Land boasts an outstanding portfolio of residential developments that showcase the firm\u2019s skill in creating one-of-a-kind spaces that people want to call home. The developer is committed to providing clients with prestigious residences that offer real value through modern innovations and convenience. This has allowed Hung Thinh Land to become a pioneer in residential developments.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBest Township Developer \u2013 Paramount Land\n\n\nParamount Land strives to provide housing that meets the needs of residents while also building communities that foster a loving experience. With more young families in Indonesia searching for their first home, the company has been committed to crafting designs and products to meet their unique wants. Gading Serpong, an independent city with its own comprehensive infrastructure, continues to lead the way when it comes to townships in Southeast Asia.\n\n\nBest Boutique Developer (Townhome) \u2013 Premium Place Group\n\n\nBest Boutique Developer (Townhome) \u2013 Premium Place Group\n\n\nPremium Place Group has been at the forefront of townhome development in Thailand for more than a decade. It\u2019s unrivaled knowledge in this area has allowed it to become a standard bearer for boutique townhome development. Premium Place Group uses its experience and understanding of the market to launch bespoke developments in popular locations that meet the needs of homebuyers.\n\n\nBest Sustainable Developer \u2013 Capital House\n\n\nBest Sustainable Developer \u2013 Capital House\n\n\nCapital House has a unique development strategy that focuses on sustainability at multiple levels. Ultimately, the developer wants to ensure balance and harmony between sustainable human resource development, environmental protection and social responsibility. Capital House focuses on bringing international-standard green buildings with reasonable prices to the market that boast both smart design solutions and modern technology.\n\n"} {"url": "https://www.dotproperty.com.my/blog/southeast-asias-best-developments-go-beyond", "title": "Southeast Asia\u2019s best developments go above and beyond", "body": "\n\nThe Best Tourism and Resort Development award is presented to Wyndham Lynn Times Thanh Thuy\n\n\nThe best developments in Southeast Asia all go above and beyond expectations in their own way. For expansive housing estates with unique features to exciting resort destination rethinking experiences, the Dot Property Southeast Asia Awards 2020 saw a number of diverse selection of projects honored. The one thing they all had in common was being the best at what they did.\n\n\nBest Tourism and Resort Development \u2013 Wyndham Lynn Times Thanh Thuy\n\n\nAmbitious and stunning, Wyndham Lynn Times Thanh Thuy will soon be a must visit destination for tourists. The 5-star resort features a hot mineral park and a row of Japanese-style adjoining shops for a one-of-a-kind experience. Meanwhile, the hotel will boast more than 2,000 rooms across a pair of 33-story towers. Wyndham Lynn Times Thanh Thuy will also have a number of other resort amenities for guest to enjoy.\n\n\nBest Lifestyle Condominium \u2013 Eco Resort\n\n\nThe Best Lifestyle Condominium award is handed to Eco Resort\n\n\nDeveloper Sisaran Group has emphasized lifestyle at Eco Resort. Living spaces provide a sanctuary that evokes tranquility with luxurious touches, such as spa-style bathrooms and integrated smart systems. Meanwhile, amenities provide places to enjoy life in whatever manner those living here see fit. Regardless of if residents are looking for fun, relaxation or fitness, Eco Resort offers the lifestyle to meet their desires.\n\n\nBest Landed Development \u2013 Cat Tuong Western Pearl\n\n\nCat Tuong Western Pearl wins Best Landed Development\n\n\nCat Tuong Western Pearl is an 80-hectare, landed development in Vietnam that aims to bring all the elements one needs for a happy life together in a single place. Everything from lifestyle space and commercial centers to schools and hospitals can be found within the development. What\u2019s more, 55 percent of the land at Cat Tuong Western Pearl has been set aside for parks and green spaces ensuring peaceful, low-density living.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/southeast-asias-best-luxury-condominium-combines-timeless-design-modern-convenience", "title": "Southeast Asia\u2019s best luxury condominium combines a timeless design with modern convenience", "body": "\n\n\n\nBest Luxury Condominium \u2013 Hyde Heritage Thonglor\n\n\n\n\nThere is no shortage of competition in Southeast Asia\u2019s luxury condominium segment. Across the region, developers continue to push themselves to do bigger and better when it comes to upscale residences. Being the best here requires something truly special.\n\n\nAnd Hyde Heritage Thonglor is a truly special condominium providing a level of affluence that was unmatched in 2022. From the moment the joint venture behind the project received the land, they had one goal in mind\u2013creating the best luxury condominium.\n\n\n\u201cWhen we first received the land, we decided to partner with Sumitomo Forestry, one of Japan\u2019s biggest developers, on the project. We sat down and thought about what we could do with this site. Ultimately, we said why not create the best luxury condominium in Bangkok with the best facilities and a timeless design. When someone comes here, they are happy to stay,\u201d Khun Vitavas Vibhagool, Chief Executive Officer \u2013 Property Development, Grande Asset Hotels and Property, explained.\n\n\nIt is easy to see why residents would be happy to stay at Hyde Heritage Thonglor. The condominium takes what people love about staying at a hotel and combines it with modern conveniences to ensure life is enjoyable each and every day.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThat includes a wide range of amazing amenities, including a theater room, private kitchen, co-working areas, garden spaces and spa, that can be booked using a mobile application. No more wondering if the swimming pool is busy or how many people are using the fitness center. It is visible via the app.\n\n\nThese luxurious facilities and modern conveniences are tied together through a timeless design that will appeal to all generations. This extends from the spacious units to the striking lobby and beautiful fa\u00e7ade that has become a Bangkok icon.\n\n\nWinning Best Luxury Condominium at the Dot Property Southeast Asia Awards 2022 is validation of the vision behind Hyde Heritage Thonglor. Every aspect of the project ensures residents and investors can enjoy the pinnacle of real estate.\n\n\nMore than 45 developers, projects and real estate agencies were honored at the Dot Property Southeast Asia Awards 2022.\u00a0\nRead more about the winners here\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/southeast-asias-best-real-estate-agencies-2019-welcomes-nine-winners", "title": "Southeast Asia\u2019s Best Real Estate Agencies 2019 welcomes nine winners", "body": "\n\nRobert Collins (left), CEO Savills (Thailand) \n\n\nA total of nine firms were included in this year\u2019s class of Southeast Asia\u2019s Best Real Estate Agencies 2019. The region was well represented with winners coming from Thailand, Vietnam, the Philippines, Singapore, Malaysia and Indonesia. Leading Real Estate Companies of the World\u00ae (LeadingRE) proudly supports Southeast Asia\u2019s Best Real Estate Agencies 2019 and Chris Dietz (right all photos), LeadingRE\u2019s Executive Vice President of Global Operations, presented the awards to the winners.\n\n\nBridge Estate (Thailand)\n\n\nPitchakorn Meesak (left) leads Bridge Estate, a Thailand-based agency specialising in cross-border real estate transactions throughout the country.\n\n\nDat Xanh Mien Nam (Vietnam)\n\n\nDat Xanh Mien Nam Managing Director Le Ngoc Tung Vi (left) oversees the agency that has become a leading real estate distributor in Ho Chi Minh City.\n\n\nSantos Knight Frank (the Philippines)\n\n\nSantos Knight Frank was the first and is now the largest fully integrated real estate services company in the Philippines. The firm now supports 11 market-leading service lines.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSavills Thailand (Thailand)\n\n\nRobert Collins (top photo), CEO Savills (Thailand), has helped the company become one of the largest and most trusted real estate agencies in the Kingdom.\n\n\nDKRA Vietnam (Vietnam)\n\n\nPham Lam (centre), DKRA Vietnam CEO, has worked hard to help DKRA become a full-service real estate agency working with clients and Vietnam\u2019s largest developers.\n\n\nVR Global Property (Thailand)\n\n\nVR Global Property President Paul Xumsai (left) has brought a fresh approach to Thai real estate that has innovated the process for buyers and sellers.\n\n\nOther winners of Southeast Asia\u2019s Best Real Estate Agencies 2019 were Singapore\u2019s Hutton Real Estate, Reapfield in Malaysia and Cushman & Wakefield (Indonesia).\n\n"} {"url": "https://www.dotproperty.com.my/blog/space-flexibility-helping-businesses-malaysia-survive-present-prepare-future", "title": "Space flexibility is helping businesses in Malaysia survive the present and prepare for the future", "body": "\n\nMore businesses in Malaysia are turning to flexible workplace providers such as Regus to support operations \n\n\nThe key for many Malaysian businesses at the moment is to survive the current situation and be ready for a quick recovery. With the Asian Development Bank having forecasted 6.5 percent GDP growth for the country next year, there is light at the end of the tunnel. However, many obstacles must be overcome in order to reach that point.\n\n\nFor some businesses, cost savings are required to navigate the current challenges. Others have found their office space needs shifting more quickly. And, of course, everyone is coming to terms with just how the \u2018new normal\u2019 is evolving the in-office experience.\n\n\nSpace flexibility has become more important now than ever before. Long-term leases and offices with no room for growth or contraction are no longer feasible. In times of uncertainty, bespoke office solutions are required.\n\n\nThis is why more people and businesses in Malaysia are turning to flexible workplace providers such as Regus. Everyone from entrepreneurs to multinational corporations have turned to Regus in search of greater space flexibility.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nClick here to find your perfect space\n\n\nHow does Regus provide space flexibility?\n\n\nTraditional office space is rigid and can limit growth or become a burden if extra space isn\u2019t required\n\n\nRegus flexible workplaces in Malaysia empower firms and individuals with the things they need to get to work, such as fully equipped facilities and scalability, without the burdens of a traditional office.\n\n\nFor example, the space flexibility provided by Regus has allowed SMEs to stay agile during an unpredictable time. Many growing enterprises were forced to postpone hiring in the months following the COVID-19 outbreak. However, the reopening of the economy has meant they needed to pivot once again and start adding more people.\n\n\nWith Regus, these companies have been paying for the space they need at any given moment. This is quite different than with a traditional office where SMEs were not only paying for the space they were using, but also the space required for future growth even if it was sitting empty during the hiring freeze. And this doesn\u2019t even factor in other expenses like office furniture which would also be needed.\n\n\nAnother interesting example of the importance space flexibility has in Malaysia is when it comes to startups with founders based outside the country. With the borders closed, these companies have found themselves in a state of limbo. There is a pressing need for a physical presence here but paying for an office that they won\u2019t be using isn\u2019t a good use of resources.\n\n\nVirtual offices from Regus are the ideal solution to this problem. Startups receive a business address in a prime location, a local phone and other benefits even if they are unable to enter Malaysia at the moment. And once they are allowed to enter the country, it is possible to upgrade to a plan that includes dedicated space or move to another Regus location in the country.\n\n\nNo one provides more options in Malaysia than Regus\n\n\nRegus KL Sentral Station\n\n\nWith 33 flexible workplaces across Malaysia\n, no operator provides individuals, startups, SMEs and MNCs with more options than Regus. These spaces can be found in Kuala Lumpur, Petaling Jaya, Shah Alam, Johor Bahru and Kota Kinabalu with the most desirable neighborhoods in each area represented.\n\n\nRegus operates 30 flexible workplaces in the Klang Valley with all of the region\u2019s key business districts covered. Multiple facilities around Bukit Bintang and KL Sentral Station are among the company\u2019s 16 total branches in Kuala Lumpur. Regus also boasts great coverage throughout Selangor with buildings, such as Wisma Sunway Shah Alam, MCT Tower and BBT One, strategically selected to best serve various industries.\n\n\nEach flexible workplace can be tailored to your unique needs. Regardless of if you are searching for a dedicated office, co-working space, access to business lounges or a hybrid solution, Regus can provide it.\n\n\nWhat\u2019s more, Regus locations have the little things that help elevate your business. Access to meeting rooms provides a professional touch while the range of facilities at each location means you don\u2019t have to worry about the finer details.\n\n\nDuring a time where uncertainty has created challenges for businesses of all sizes, Regus is empowering companies in Malaysia with a tailored-made solution to office space. Regus\u2019 ability to provide space flexibility ensures you are primed for success today, tomorrow and beyond.\n\n\nFind your space today!\n\n"} {"url": "https://www.dotproperty.com.my/blog/special-awards-edition", "title": "The Special Awards Edition is out!", "body": "\n\nThe Special Awards Edition is out! Issue 2 of\u00a0Dot Property magazine is shining a light on the \u2018Best of the Best\u2019 developments all across the region.\n\n\nThe Awards were launched in July and since then Dot Property has been searching every crevice of Asia to showcase properties deserving of some extra limelight. Between the pages of our \nSpecial Awards Edition\n, you will find residences, office space and even developments with innovative technology.\n\n\nThere is no \u2018one size fits all\u2019 when it comes to Dot Property\u2019s \u2018Best of the Best\u2019 Awards \u2013 \nClick here\n to view all of our winners and find an array of projects varying in price, location and design in the 2nd issue of Dot Property magazine.\n\n\nAnd, last but not least we want to thank our sponsors once again for their support in launching our first-ever awards: \nThe Teka Group\n, \nGiO Home\n and\u00a0\nDexterton Corporation\n.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n#DotPropertyAwards\n\n"} {"url": "https://www.dotproperty.com.my/blog/special-issue-dot-property-magazine-now-available", "title": "A very special issue of Dot Property Magazine is now available", "body": "\n\n\n\nDot Property Magazine is out now. This issue has interviews, insights and a very special look at some of the exciting changes we\u2019re making behind the scenes. \u00a0You can download the latest issue\u00a0\nright here\n!\n\n\nWant to take a sneak peek inside the magazine? Here are a few of the outstanding stories you will find in the new issue of Dot Property Magazine.\n\n\nCover Story \u2013 Allow us to reintroduce ourselves\n\n\nA new name. New innovations. And a chance to support the real estate industry in a whole new way. These are exciting times for Dot Property Group. General Manager James Claassen explains how the company is changing the property sector for the better and details what the future holds for the region\u2019s leading real estate marketplace.\n\n\nClick here to keep reading\n\n\nSpecial Feature \u2013 Where can foreigners own freehold property in Asia?\n\n\nForeigners looking to own freehold property in Asia have several options at their disposal. As you would expect on such a diverse continent, rules and regulation do vary quite a bit. In some countries, you are limited by property type while other places have restrictions on locations and prices.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe good news is that most places that allow foreigners to own freehold property in Asia have fairly transparent processes in place. There will be a language barrier in some countries but that is hurdle any local property professional can help you overcome. Here are the 12 countries in Asia where an overseas resident can own freehold property.\n\n\nClick here to keep reading\n\n\nSpecial Feature \u2013 4 of the most unique condominium developments in the Philippines\n\n\nSome residential projects are just built differently. And no, we\u2019re not talking about the construction process or materials. The most unique condominium developments in the Philippines are creative, bold and, quite frankly, pretty cool. Several developers haven\u2019t been afraid to think way outside the box.\n\n\nFrom the first project in the country to feature interior design by Versace to residences set admits pine trees, the most unique condominium developments in the Philippines have certainly broke the mold. There is literally nothing quite like these places to call home. With this mind, here are four of the most unique condominium developments in the Philippines.\n\n\nClick here to keep reading\n\n\nHow to read Dot Property Magazine\n\n\nDot Property Magazine, Asia\u2019s premier real estate magazine, is out now. You can read it online by\u00a0\nclicking\u00a0here\n. If you prefer to read it on the go, download the FREE Dot Property Magazine app. You can find it in the\u00a0\nApple Store\n\u00a0and\u00a0\nGoogle Play\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/spectacular-southeast-asia-holiday-homes-available-dot-property", "title": "Spectacular Southeast Asia holiday homes available on Dot Property", "body": "\n\nThe Chancellor Hotel is perfect for those looking for a Boracay holiday home\n\n\nThere is no shortage of amazing Southeast Asia holiday homes for sale. And you\u2019ve come to the right place if you\u2019re looking for one. From the sandy shorts of Phuket to the always popular (and soon to be open again) Boracay, the Dot Property network of websites boasts the region\u2019s best selection of holiday homes.\n\n\nWith high season just around the corner, now is the perfect time to pick up your dream residence. Here are a few spectacular Southeast Asia holiday homes you can find on Dot Property right now.\n\n\n5 amazing Southeast Asia holiday homes listed on Dot Property\n\n\nBusiness and pleasure in Phuket\n\n\nBreeze Park Condotel in Phuket\n\n\nInvestments don\u2019t have to be the boring, at least not in Thailand. Here you can find Southeast Asia holiday homes that double as investment generating properties such as \nBreeze Park Condotel\n\u00a0in Phuket. Situated in Kamala Falls near Kamala Beach, this affordable development is ideal if you\u2019re looking for a holiday property that has a guaranteed return on investment.\n\n\nAnd that is simply half the story. Unit owners are also entitled to 30 days of usage during low season or 15 days during the peak season. The project boasts impressive amenities such as a sky garden and the low unit density ensures things never feel too crowded.\n\n\nClick here to learn more\n\n\nBeautiful villa in one of Vietnam\u2019s top resorts\n\n\nVinPearl Golf Land Resort and Villas\n\n\nVinPearl Golf Land Resort and Villas is located along the picturesque Nha Trang Bay in Southeast Vietnam. For USD 750,000, you can score a villa that will become your personal paradise. The modern resort has numerous features including an 18-hole golf course that makes it ideal for those who enjoy hitting the links.\n\n\nVilla owners can also enjoy a guaranteed investment return of eight percent annually for 10 years. And the perks don\u2019t end there. If you buy a villa here, you can also stay in VinPearl villages in Da Nang and Phu Quoc Island for free.\n\n\nClick here to learn more\n\n\nWonderful Bali apartment\n\n\nThe Double View Mansions Bali\n\n\nBali is home to countless Southeast Asia holiday homes. The Double View Mansions Bali is one of the region\u2019s newest developments. The project offers a luxurious experience towards the north of Kuta Beach. This happens to be among Bali\u2019s more subdued locations. Unlike some of the more crowded places on the island, this enclave isn\u2019t totally developed and provides a level of peace and quiet you may not be afforded elsewhere.\n\n\nWhen you\u2019re here on holiday, you will be able to enjoy the best this tropical paradise has to offer. And when you are away, it\u2019s possible to bring in a high return on investment. That\u2019s because The Double View Mansions Bali has a government-approved hotel license. This means the in-house management company will rent out the property during those times you can\u2019t use it.\n\n\nClick here to learn more\n\n\nA unique opportunity in Boracay\n\n\nThe Chancellor Hotel from Global-Estate Resorts, Inc. is part of the Boracay Newcoast development\n\n\nBoracay is set to reopen in October and this may be the ideal opportunity to buy a holiday home here. That\u2019s because developers are eager to make sales now in order to make up for lost time. The Chancellor Hotel from Global-Estate Resorts, Inc. offers investors with the ideal Boracay real estate opportunity. The project will be operated and decorated as a hotel.\n\n\nIn short, this ensures unit owners are entitled to a share in net room revenue whether their unit was actually rented or not. For owners, this guarantees a worry free investment. The operator of the Chancellor Hotel manages the leasing of the hotel rooms along with all maintenance, refurbishments and improvements. And, of course, as an owner, you will be entitled to a set number of days to stay here each year.\n\n\nChancellor Hotel is part of the Boracay Newcoast Integrated Tourism Development that occupies 15 percent of the island. The project spans 150 hectares and boasts an 18-hole championship golf course, several residential communities, hotels and leisure centres. Of course, all this fun may make it difficult for you to leave once your holiday is over.\n\n\nClick here to learn more\n\n\nModern luxury in peaceful Hua Hin\n\n\nSivana HideAway Pool Villas in Hua Hin\n\n\nSivana HideAway Pool Villas was named as the \nBest Luxury Villa Development Hua Hin at the Dot Property Thailand Awards 2018\n. After one look at the project, it is easy to see why. The spacious development has only 22 total villas built on large plots to ensure residents never feel cramped. The developer also strives to create a place that feels like home by creating a community.\n\n\nEach villa is equipped with a large, open-island kitchen with premium brand built-in appliances pre-installed. Meanwhile, only high-quality materials have been used throughout each residence ensuring you get only the best. If you\u2019re looking for a private retreat in Hua Hin, Sivana HideAway is the place.\n\n\nClick here to learn more\n\n\nWant to see more Southeast Asia holiday homes? \nStart your search on Dot Property!\n\n"} {"url": "https://www.dotproperty.com.my/blog/spectacular-sydney-homes", "title": "Spectacular Sydney homes", "body": "\n\n\n\nAustralian property developer Crown Group has released images of its new collection of penthouses in Sydney.\n\n\nThe prestigious selection of eight penthouses across three luxury addresses; Oasis by Crown Group in Ashfield, V by Crown Group in Parramatta and Infinity by Crown Group in Green Square; the Sydney Penthouse Collection is Sydney\u2019s most diverse collection of penthouses; combining breathtaking views and hand-crafted luxury. Each penthouse is designed for entertaining on a grand scale.\n\n\nSitting atop a landmark 29-storey on the corner of Macquarie and Marsden streets Parramatta, three penthouses at V by Crown Group in Parramatta will offer stunning panoramic views, occupying the two highest levels of the residential tower; some of the most exclusive positions in Western Sydney.\n\n\nEach penthouse is set over two floors and includes three-bedrooms, a study, two-bathrooms, a guest powder room, open-plan kitchen, indoor-outdoor living area, two car spaces and a large balcony; offering views of Parramatta\u2019s Heritage parklands and Sydney\u2019s central business district.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPositioned on one of the most topographically prominent peaks in Sydney\u2019s inner-west with arguably the best view in the inner-west; Oasis by Crown Group\u2019s three-bedroom penthouse has hit the market this month.\n\n\nThe apartment features three bedrooms, two bathrooms, two car spaces and a large balcony with stunning views of the Sydney Harbour Bridge and Sydney CBD. The 158-sqm penthouse features expansive indoor-outdoor living area, fully-equipped kitchen, LED strip lighting and Miele appliances.\n\n\nCrown Group Director of Sales and Marketing Roy Marcellus said the penthouses represented the ultimate in luxury living and had arguably the best views in the inner-west and Parramatta.\n\n\nHe said: \u201cThese apartments are the cr\u00e8me of the crop in Sydney; each penthouse has been custom-designed by world-class architects and is built by Crown Group\u2019s award-winning construction team.\n\n\n\u201cApartments like this are in high demand particularly from downsizers, there\u2019s a real lack of these larger luxury apartments in central locations in Sydney market,\u201d he added.\n\n\nThe 10-storey Oasis by Crown Group was designed by Surry-hills based architects Turner, while Sydney\u2019s award-winning Koichi Takada Architects designed penthouses at V by Crown Group in Parramatta and Infinity by Crown Group in Green Square were designed by Sydney\u2019s award-winning Koichi Takada Architects.\n\n\nRecently released for sale, two large three-bedroom penthouses at Infinity by Crown Group in Green Square complete the collection.\n\n\nInfinity by Crown Group was awarded UDIA NSW best concept design 2014,\n\n\nwww.crowngroup.com.au\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/spore-budget-property-impact", "title": "S\u2019pore budget: property impact?", "body": "\n\n\n\nSingapore will deliver its first budget later today (Thursday) after the passing of founding Prime Minister Lee Kuan Yew.\n\n\nWith economic growth in Southeast Asia\u2019s biggest financial centre expected to hover around 1-2 percent, expectations have been building about how the city state plans to chart its path for the year ahead.\n\n\nAccording to real estate firm JLL, Singapore\u2019s real estate market has been depressed with rents of commercial properties in the CBD area down by 15 percent in 2015. Meanwhile, the city state\u2019s high-end residential market continues to be hit by cooling measures introduced by the government in 2013.\n\n\nA key question for the 2016 Budget is whether there will be any reprieve for real estate investors? If there is you can expect an immediate response from both buyers and investors on the back of significant pent-up demand.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWatch the videographic for insights on the upcoming budget and JLL\u2019s forecast for Singapore\u2019s real estate market.\n\n\nThis article was first published by JLL Real Views and is republished with kind permission.\n\n\n\u00a0\n\n\n\u00a0\n\n\n\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/starter-home-vs-dream-home-whats-right", "title": "Starter home vs. dream home: what\u2019s right for you?", "body": "\n\n\n\nMany first-time homebuyers face a tough decision: buying a starter home or waiting until they have enough saved up to buy their dream home. Newlyweds in particular are forced to make a decision on which homebuying route they must take. The decision is rarely easy.\n\n\nThat\u2019s because many couples already have an idea of where they want to live and do not want to settle for less. It\u2019s understandable, but not willing to sacrifice can also end up costing more money and time in the long the run. A starter home may not be what you\u2019ve always imagined for yourself and your family, but it could be the place that helps gets you into your dream home faster.\n\n\nStarter home basics\n\n\nA starter home is usually an affordable property, such as studio unit, that first-time homebuyers have the means to buy or acquire a mortgage on with a low down payment. These properties are usually situated in suburban locations.\n\n\nWhy buy a starter home?\n\n\nThere are four main reasons someone would buy a starter home:\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nLower mortgage \u2013\n\u00a0Starter homes are\u00a0far more affordable thanregular homes meaning monthly mortgage payments are less. For young families, this provides a chance to save money while still owing a property.\n\n\nYour own space \u2013\n\u00a0The alternatives to buying a starter home are either renting a property or living at home with the parents. The former is fine if you don\u2019t mind not being able to recoup your money in the long run. The latter is also acceptable, but if you\u2019re like many young families, it might be nice to move out on your own.\n\n\nInvestment \u2013\n\u00a0When you\u2019re finally prepared to purchase that home of your dreams, you can sell the starter home to help with the down payment. This is something not possible when renting.\n\n\nTraining \u2013\n\u00a0A starter home is a low-pressure way to prepare for buying that dream home. While many young people are reluctant to wait, it may take a few years for your family to be fully settled. Career and kids tend to be the biggest factors and just because you can afford a larger mortgage now doesn\u2019t mean it you\u2019ll be able pay it three years down the line.\n\n\nHow long should I stay in a starter home?\n\n\nIt all depends on your financial situation. You could win the lottery tomorrow making all of this moot. That being said, many people have the right combination life and financial stability after five years. Just be sure to create a financial plan that keeps you on the road to buying your dream home. Eventually you\u2019ll reach your destination.\n\n\nLooking for your starter home? \nFind it on Dot Property today\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/stay-cool-hot-season-household-tips", "title": "Stay cool during hot season with these household tips", "body": "\n\nHot season is when your air conditioner needs to be performing at its peak\n\n\nHot season is nearly upon. Temperatures are going creep up from tolerably warm to scorching. In response, air conditioners will be cranked up to the max and you will do anything and everything in an attempt to stay cool. But doing so can prove challenging if you aren\u2019t prepared.\n\n\nInstead of waiting for the heat to take hold, plan for hot season ahead of time. These tips won\u2019t change the fact it\u2019s searing outside, but you may find that they do save you some money when the electric bill rolls in.\n\n\n1) Have your air conditioner inspected\n\n\nIf you\u2019re like most people, your air conditioner works overtime to keep your home cool during the next few months. These machines work extra hard when the temperatures reach their peak, which can put them under additional strain and even cause them to break.\n\n\nDon\u2019t wait for that to happen, Instead, have a professional come out and inspect the unit. At the very least they will clean the filters to ensure it runs more efficiently. They may also be able to identify any issues now and fix them. This is much better than having the air conditioner break during summer and having to rely on fans to keep you cool while the repairman comes to fix it.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n2) Keep the sun out\n\n\nWe all love sunlight. But having the sun beaming into your house all day can make it harder to keep things cool. Your air conditioner is fighting a battle to pump out cold air. The lower the room temperature is, the less it has to work to accomplish this.\n\n\nKeep the curtains closed during the day, especially if you aren\u2019t at home. It may seem simple, but countless people let the sun flow into their residence while they are away. When they come home, it\u2019s hot as heck and requires even more energy to cool down than if it had been dark. Even better, install insulated blinds that keep the cold air from escaping when shut.\n\n\n3) Switch to cotton\n\n\nIf you aren\u2019t using cotton sheets and pillowcases at the moment, swap over now. Cotton breathes easier and stays cooler meaning you won\u2019t be as hot during the night. You may also want to consider a \u201cchillow\u201d. These pillows use special fabrics that claim to keep them cooler than normal ones, but effectiveness does vary.\n\n\n4) Don\u2019t cook\n\n\nCooking is great. But ovens and stoves generate excess heat that will make your house hotter than it already is. We won\u2019t say you should never cook, but if you must, be sure to wait until night when the temperatures outside have receded from their peak.\n\n"} {"url": "https://www.dotproperty.com.my/blog/stc-property-management-partners-ihg-flagship-hotel-straits-city-development-malaysia", "title": "STC Property Management partners with IHG for flagship hotel at Straits City development", "body": "\n\nFrom left to right: Hwei Yee Tan, CEO, STC Property Management Sdn. Bhd., Eric Teng,\nCEO, Straits Developments Pte Ltd, Rajit Sukumaran, Managing Director, South East Asia\nand Korea, IHG Hotels & Resorts, Vivek Bhalla, Vice President, Operations, South East\nAsia and Korea, IHG Hotels & Resorts\n\n\nThe massive Straits City master planned development continues to take shape after STC Property Management and IHG Hotels & Resorts unveiled details of their partnership for the project\u2019s flagship hotel. Crowne Plaza Penang Butterworth Straits City will cater to all types of travelers and be integrated fully into the surrounding area.\n\n\n\u201cUpon completion, Straits City will help elevate Butterworth Penang as the future city, comprising an integrated mix of residential, retail, offices and commercial components. We are confident that the partnership with IHG will bring our vision of developing Straits City into a world-class work-live-play destination to life,\u201d Eric Teng, CEO of Straits Developments, explained.\n\n\nCrowne Plaza Penang Butterworth Straits City will be the first Crowne Plaza Hotels & Resorts in Penang and have a total of 343 rooms. Among the property\u2019s highlights will be views of the Straits of Penang with the popular Georgetown just over the horizon. The hotel is one of ten IHG plans to open in \nMalaysia\n over the next few years.\n\n\n\u201cWe are delighted to partner with STC Property Management to debut the Crowne Plaza brand to Butterworth Penang, and in Butterworth\u2019s scenic coastal area that is undergoing transformation to become the new residential and commercial hub of Penang,\u201d Rajit Sukumaran, Managing Director, South East Asia and Korea, IHG, stated. \u201cThis signing underscores IHG\u2019s commitment to further expand its footprint across Malaysia and grow its portfolio in strategic destinations.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nStraits City is a sustainable, high-end mixed-use development located along the waterfront of Butterworth and across from Georgetown. Developer STC Property Management has worked to incorporate green technologies in the project that will contain commercial, retail and residential spaces in addition to Crowne Plaza Penang Butterworth Straits City. It is a five-minute drive to Penang Sentral while also offering easy access to major roads and highways.\n\n\nKeep Reading:\n\u00a0\nThailand and the Philippines are Southeast Asia\u2019s most popular travel spots\n\n"} {"url": "https://www.dotproperty.com.my/blog/step-inside-asias-luxurious-penthouses", "title": "Step inside some of Asia\u2019s most luxurious penthouses", "body": "\n\nThe recently unveiled penthouse at The Middle House offers great views of Shanghai \n\n\nA growing number of the world\u2019s most luxurious penthouses can now be found in Asia. These amazing residences and suites are in hotels and condominiums throughout the region. Some of been styled by world-famous designers, others are equipped with inspired amenities and a few are in the region\u2019s tallest buildings.\n\n\nNo matter where they are found, Asia\u2019s most luxurious penthouses are all iconic in their own unique way. We\u2019ve compiled a list that puts the spotlight on a few of our favourites. Best of all, each penthouse is currently available either for sale, rent or reservation.\n\n\n4 of Asia\u2019s most luxurious penthouses\n\n\nBangkok viewing\n\n\nThe penthouse view at Marque Sukhumvit\n\n\nThe exterior design of Marque Sukhumvit has turned heads, but your jaw will drop once you catch a glimpse of the condominium\u2019s penthouses. Each one offers residents something different, but they all have a balcony, private swimming pool and floor-to-ceiling windows in the living room, bedrooms and bathrooms. These views of Bangkok are unbeatable.\n\n\nAll penthouses in Marque Sukhumvit can be found on the 44 to the 49\nth\u00a0\nfloor placing them among the highest residential units in Bangkok\u2019s Phrom Phong neighbourhood. Not only is the area among \nthe best for property investment\n, but Phrom Phong is also the Thai capital\u2019s shopping hub. Emporium, EmQuartier and the currently under construction EmSphere are all a few steps away.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nClick here for more info on Marque Sukhumvit penthouses\n\n\nStylish Shanghai\n\n\nThe Middle House penthouse has a great terrace space\n\n\nThe Middle House in Shanghai recently unveiled its top-floor penthouse which brings a level of exclusivity not found elsewhere in the city. The luxurious space was designed by Piero Lissoni, renowned architect and founder of Lissoni Architettura in Milan, who curated a modernist aesthetic with touches of both Italian and Chinese culture throughout the space.\n\n\nThe joy of The Middle House penthouse extends outdoors where the impressive terraces allow guests to gaze out at Shanghai. The amazing design and luxurious ambiance ensures staying at the penthouse will be a memorable occasion.\n\n\nClick here for more info on The Middle House penthouse\n\n\nNew York chic in Makati\n\n\nThe design of the Trump Tower Manila penthouses can be customised\n\n\nThere is perhaps no project in Makati more luxurious than Trump Tower Manila. And the penthouses are a sight to behold. Buyers can choose one of three unique interior finishings, each one inspired by popular Manhattan districts. As one of the tallest buildings in the Philippines, the views are simply sublime. The penthouses are spacious with each one boasting at least 400 square metres of space.\n\n\nHowever, luxury isn\u2019t simply limited to the residences. Herm\u00e8s has fitted the amenities and common areas with items from its home collection.\n\n\nClick here for more information\n\n\nTokyo suite life\n\n\nA look at the bedroom in the Chairman\u2019s Suite of the Four Seasons Tokyo\n\n\nThe Chairman\u2019s Suite sits at the top of the Four Seasons Tokyo. This exclusive penthouse places guests in the heart of the city with views of Tokyo Station and Marunouchi always on display. The luxurious unit features all the bells and whistles you\u2019d expect from a Four Seasons\u2019 penthouse. These include a dining area that seats up to 10 guests and a home theatre system with a 3D television in the living room.\n\n\nClick here for more information on the Chairman\u2019s Suite\n\n"} {"url": "https://www.dotproperty.com.my/blog/still-time-enter-dot-property-awards-2020-heres-need-know", "title": "There is still time to enter the Dot Property Awards 2020! Here\u2019s what you need to know", "body": "\n\nThere is still time to enter the Dot Property Awards 2020!\n\n\nThe Dot Property Awards 2020 will be hosting events in Vietnam, Thailand and the Philippines in the coming months. If you want to join Asia\u2019s most exciting property awards series, there is still time. We are accepting nominations for the Dot Property Awards 2020 and the process to enter is entirely digital. \nClick here for more information on entering this year\u2019s Dot Property Awards\n.\n\n\nOur presentation ceremonies are scheduled for Vietnam in July, Thailand in August and the Philippines in September and each one is currently set to proceed as planned. Nominations will be closing in the coming weeks and you need to enter ASAP to be eligible.\n\n\nWinning a Dot Property Award helps build trust amongst the public while also elevating your brand\n. It is more important now than ever before to be seen by the public as a credible company. Winning an award is one of the best ways to build that credibility as it shows the public your work has been independently verified and recognized.\n\n\nDot Property Awards start in July\n\n\nWe begin this year\u2019s slate of events with the Dot Property Vietnam Awards 2020 in July. The presentation ceremony returns to the historic Reverie Saigon Hotel in Ho Chi Minh where the best developers will join us for another amazing evening.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIn August, the scene shifts to Bangkok for the Dot Property Thailand Awards 2020. The luxurious Park Hyatt Bangkok will host us this year with both the presentation ceremony and afterparty taking place at the hotel.\n\n\nThe Dot Property Philippines Awards 2020 will go ahead in September. For the second consecutive year, The Peninsula Manila will be the venue with the event promising to be even bigger and better than last year\u2019s outstanding celebration.\n\n\nHow to enter\n\n\nThe Dot Property Awards program is a free to enter and it takes less than five minutes to get started. First, click \nthis link\n and select the event you wish to enter. Once that\u2019s done, you\u2019ll be asked to complete and submit a very simple questionnaire. That\u2019s it. The Dot Property Awards team will then contact you when the form has been received with the next steps for entry.\n\n\nEnter the Dot Property Awards today!\n\n"} {"url": "https://www.dotproperty.com.my/blog/stop-residents-feeling-sad", "title": "Stop residents feeling SAD", "body": "\n\n\n\nSeasonal Affective Disorder (SAD) \u2013 colloquially known as the \u2018Winter Blues\u2019 \u2013 is a mood altering condition caused by a lack of natural light and sunshine. Symptoms of SAD include a tendency to oversleep and overeat, a lack of energy, pessimism and depression.\n\n\nLiving in poorly designed apartments without solar access has contributed to the symptoms of SAD in Sydney, which originally were only experienced in countries with long, dark winters. But a breakthrough development at Sydney Olympic Park has overcome the problem.\n\n\nThe spectacular-looking Boomerang (pictured) on Olympic Boulevard is believed to be the tallest residential building in Australia designed with 100 percent solar access to all its apartments.\n\n\nEvery apartment at Boomerang has a North or North East orientation. This ensures that each apartment achieves sunshine throughout the year and, in particular, during the winter solstice \u2013 the shortest day of the year.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nModelling by architects Bates Smart shows that each of the 229 apartments will achieve a minimum of three hours of natural light a day.\n\n\nDeveloper Ecove says the building also embraces a multi-level Six Green Star commercial office, above which will soar a 32-storey tower.\n\n\n\u201cThis building will be an environmental triumph because every apartment will have a north or north-east view and gain 100% solar access,\u201d said Marketing Manager of Ecove, Sue Ballesty.\n\n\nBoomerang is the first apartment building on Olympic Boulevard, the most iconic thoroughfare at Sydney Olympic Park. It was here 16 years ago where millions gathered as the world watched Sydney dazzle. Ecove\u2019s corner site is within 400 metres of the Olympic Stadium and overlooks the new training ground and facilities for the GWS Giants AFL club. Apartments are expected to be launched in mid-May. Ecove\u2019s is synonymous with Sydney Olympic Park, which became a suburb in 2009.\n\n\nIts fourth residential tower, One Australia Avenue, rises 123 metres above sea level, making it the tallest apartment building in the inner west. The curvaceous tower mimics the elliptical shape of the iconic nearby stadia, and marks the eye-catching eastern entry to Sydney Olympic Park.\n\n\nThe 30-storey building has added a further 320 apartments and 17 retail/commercial suites to Sydney Olympic Park, which is now home to around 2,000 residents.\n\nEcove\u2019s fifth and final building on Australia Avenue, Opal Tower, began construction earlier this year. It will soar to 36 levels and comprise 392 apartments.\n\n\nEcove lists three factors which have fuelled the strong residential demand at Sydney Olympic Park:\n\n\n\n\n1. Location \u2013 nowhere else in Sydney has such sporting, entertainment and recreational facilities \u2018on the doorstep\u2019.\n\n\n2. A large permanent workforce \u2013 many of whom want to live close to work; and\n\n\n3. Handy public transport \u2013 access to rail, road, bus and ferry.\n\n\n\n\n\u201cRather than the post-Olympics \u2018hangover\u2019 some doomsayers predicted, Sydney Olympic Park now has a residential \u2018heart\u2019 with a strong communal spirit,\u201d said Ballesty.\n\n\n\u201cPurchasers in our buildings have come from all parts of Sydney and been a broad mix of investors, owner-occupiers, workers from the many local businesses, first home buyers, small family groups and downsizers.\n\n\n\u201cThe influx of residents has made Sydney Olympic Park into a fully functioning suburb. There is a real sense of community here, and residents appreciate the benefits of living in the sporting and entertainment heartland of Sydney.\u201d\n\n\nThe focus on residential development at Sydney Olympic Park began in 2009 when Ecove commenced construction of its initial tower. Each of its subsequent glass-walled buildings maintain a complementary streamlined shape, with apartments arranged to maximise sunlight and views. Floor-to-ceiling windows allow residents to capture the expansive vistas \u2013 north to Olympic Boulevard, east to the Sydney Harbour Bridge and CBD, Bicentennial Park and Lake Belvedere.\n\n\n\u201cSydney Olympic Park stretches over 640 hectares of which 450-hectares are public space and parkland . . . that\u2019s the equivalent of 1,000 football fields,\u201d said Ballesty.\n\n\n\u201cThis provides a healthy outdoor lifestyle akin to a country town yet we are just 12 kilometres from the CBD and well connected to most parts of Sydney.\u201d\n\n\nIt\u2019s not surprising that Sydney Olympic Park is forecast to swell to 14,000 residents by 2030.\n\n\nThe Boomerang Tower showroom at 1 Australia Avenue Sydney Olympic Park will open shortly.\n\n\nwww.boomerangtower.com.au. \n\n"} {"url": "https://www.dotproperty.com.my/blog/stress-of-buying-and-selling", "title": "Stress of buying and selling", "body": "\n\n\n\nNew research published today from\n Which? Mortgage Advisers\n has revealed that buying and selling a house is one of the most stressful life experiences \u2013 more so than having a child and second only to going through a divorce.\n\n\nAs many as 70 percent of the population considered buying or selling stressful, according to the research of nearly 2,000 members of the general public. Respondents were asked to rate how stressful they found each of life\u2019s major events, ranging from going through a divorce to buying a new car.\n\n\nWhile going through a divorce came out on top of the list of life\u2019s stresses, with four in five people (78 percent) considering it stressful, buying and selling property followed closely behind, with seven in 10 people (69 percent and 70 percent respectively) finding either process nerve-wrecking.\n\n\nBuying or selling a property was considered more stressful than arranging care for an elderly relative (68 percent, having a child (53 percent), changing jobs (49 percent) and getting married (40 percent).\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe research also revealed that women found both buying and selling a property more stressful than men. Three quarters (75 percent) of women surveyed said they found selling a property stressful whilst only two thirds (66 percent) of men felt the same. These figures were mirrored when it came to buying a property, with 73 percent of women finding the process stressful as opposed to 67 percent of men.\n\n\nWhich? Mortgage Advisers\n offers the following expert advice to help reduce the strain if you\u2019re buying a property:\n\n\nKnow the process.\n\n\nBuying and selling may involve being part of a chain of buyers and sellers so be realistic about timeframes and when you can expect to move.\n\n\nInvest in good financial advice.\n\n\nWhile seeking assistance from mortgage and financial advisers may cost you, it is likely to save you money in the long-run. Choosing a mortgage isn\u2019t just about finding the lowest rate, it\u2019s about finding a mortgage that\u2019s right for your personal circumstances.\n\n\nMake life easier with a reliable lender.\n\n\nWhen choosing a lender consider their reliability, range of products and the overall costs, rather than just the initial cost alone.\n\n\nConsider service as well as cost of conveyancers.\n\n\nInvest in a quality conveyancer or property lawyer. While online companies are often cheaper they don\u2019t always offer a full service.\n\n\nEase your worries by staying informed.\n\n\nDon\u2019t just leave parts of the process to professionals. You\u2019ll be less worried if you build good relationships with those involved in the process and know what needs to be done and when.\n\n\nKnow your limits to avoid future issues.\n\n\nTry not to over stretch yourself for that \u2018dream property\u2019. If you end up in arrears, you may have financial trouble for many years.\n\n\nDavid Blake at Which? Mortgage Advisers said: \u201cWe\u2019re all obsessed with home ownership, but when it comes to buying or selling, our research shows it can be an incredibly stressful process. Thankfully there are a number of things you can do to reduce the strain, including speaking with a mortgage adviser early on to get your finances in order.\n\n\n\u201cInvesting in good financial advice will ensure you find the best mortgage for your personal circumstances. To help avoid unnecessary stress when you\u2019re getting a mortgage, do ask about the reliability and service levels of any lender you\u2019re considering.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/strong-interest-in-west-sands", "title": "Strong interest in West Sands", "body": "\n\n\n\nThe West Sands Resort and Villas on the Thailand island of Phuket (a penthouse unit is pictured) has attracted strong investment interest from Singapore, Hong Kong and Mainland China since it was put for sale earlier this month according to JLL Hotels and Hospitality, the real estate firm that is leading the sale.\n\n\nThe only resort on the island with its own integrated water park, the West Sands Resort and Villas occupies a prime freehold 113 Rai, or 18 hectare, beachfront site at Mai Khao Beach near the newly expanded Phuket International airport.\n\n\n\u201cThe strongest interest to date has been from Singapore, Hong Kong and Mainland China as well as domestic Thai groups who know better than anyone the scarcity of West Coast beach front real estate in Phuket,\u201d said Mike Batchelor, Managing Director of JLL Hotels and Hospitality Group.\n\n\n\u201cThe potential to secure a Thailand Board of Investment (BOI) privilege, which would allow 100 percent foreign ownership of the hotel and the land, was also of great appeal to the foreign investors reviewing the opportunity.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cThe enquiries signaled the healthy investment appetite for hotel assets in Asia Pacific,\u201d he added.\n\n\nThe master-planned resort, with its large land holdings, provides numerous expansion opportunities for both the existing hotel and water park with the original plans for a development of up to 1,000 keys. The hotel asset currently has 575 keys. The site could be further developed to include condominiums and villas, fractional or vacation ownership or a senior living component.\n\n\nAccording to Batchelor, the completion of the new airport terminal in June will be a game changer for the popular Island resort destination. Phuket currently has direct flights to 14 countries and 43 cities from around the world, including 19 cities in China and has been operating at capacity for some time.\n\n\nThe new terminal, which is scheduled to open later this year, will be able to handle five million additional passengers annually. It is expected to ease passenger traffic at the airport, which has been handling 6.5 million passengers annually \u2013 twice the number for which it has been designed.\n\n\nPhuket is Thailand\u2019s largest island and its tourism industry has benefitted from increased international arrivals, in particular those from Mainland China. Chinese inbound arrivals into Thailand have grown at a rate of 47.7 percent annually over the last five years.\n\n\nHe added: \u201cThe Tourism Authority of Thailand aims to further grow arrivals to Phuket by targeting first time visitors from established European markets as well as emerging Eastern European countries. We expect visitors arrivals to increase, facilitated by the expansion of the airport.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/subdued-outlook-for-h2-2016", "title": "Subdued outlook for\u00a0H2 2016", "body": "\n\n\n\nThe Malaysia property market will likely remain subdued during the second half of the year, according to Valuation and Property Services Department Director General Datuk Faizan Abdul Rahman (pictured), speaking at the Malaysian Property Summit Mid-Year Review 2016 this week.\n\n\nHe said: \u201cThe overall market activity is expected to tone down, with the residential sub-sector continuing to dominate the market segment, with affordable housing taking the limelight.\u201d\n\n\nHe added that the Malaysian government continued to provide housing initiatives, such as the PR1MA where houses are sold at 20 percent below market price, and under the Syarikat Perumahan Negara Bhd (SPNB), where 10,000 units of Rumah Mesra Rakyat will be built with a RM 20,000 subsidy for each house which are all part of the House Ownership programmes announced in Budget 2016.\n\n\n\u201cIt is anticipated there will be a price correction and slow growth in the House Price Index to continue further,\u201d he added in his presentation.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/subdued-sales-ahead-dbs", "title": "Subdued sales ahead: DBS", "body": "\n\n\n\nSlower sales in the Malaysian residential property market will be the new norm, according to the latest research published by DBS Group Research this week.\n\n\nThe firm said it believes the optimism emanating from certain quarters about a recovery in 2H16 is likely to be misplaced as sentiment in the property market remains weak. This year could be even more challenging in light of the tepid economic outlook and persistently poor consumer sentiment.\n\n\nThe accelerating incoming supply over the next two years could further dampen the weak sentiment, as buyers may continue to adopt a wait-and-see attitude in anticipation of lower selling prices.\n\n\nDBS said it has seen various promotional incentives being \u201cdished out\u201d to property buyers in order to boost developers\u2019 property sales, which are expected to decline in 2016. Also, developers have been incorporating more affordable homes in their launch pipelines, as demand for affordable housing remains strong despite the weaker sentiment.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAbsolute property prices have been kept low by offering smaller built-up units. This is mainly to address the affordability issue, as buyers have been priced out by the skyrocketing prices.\n\n\nDevelopers have been facing difficulties in converting their initial high bookings to sales because of stricter bank lending policies, as banks get more cautious towards the property sector despite the keen interest shown by potential home buyers, especially genuine home-occupiers who may be purchasing properties for the first time, or upgrading to better homes.\n\n\nWhile the property market has been rather lacklustre compared with the past few years, the overall house price index remains on the uptrend, albeit at a slower pace. Affordable landed properties with ready infrastructure and amenities remain in demand, as attested by some of the recent launches.\n\n\nDevelopments that are integrated with current or planned public rail stations continue to be sought after, and property buyers have been increasingly seeking value-adding properties as more affluent buyers continue to upgrade their lifestyle.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/suburban-offices-thrive", "title": "Suburban offices thrive", "body": "\n\n\n\nMalaysian offices on the outskirts of Kuala Lumpur are thriving while demand remained subdued in the city centre.\n\n\nAccording to the \nlatest research from real estate firm JLL in its Asia-Pacific Property Digest\n, negative absorption was seen in central KL as landlords of old buildings struggled to secure new tenants for vacated space.\n\n\nTenants were drawn further afield and some of the newest buildings in the submarket gained almost full occupancy.\n\n\nThe picture was very different in Kuala Lumpur where most of the newer buildings were more than half vacant.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNO NEW SUPPLY\n\n\nNo new supply came on stream in either the KL or the submarkets in 2Q, and the completion of Menara JKG was delayed again, JLL noted.\n\n\nOverall the vacancy rate increased to 12 percent in 2Q 16 due to negative absorption in the KL submarket.\n\n\nHowever this was somewhat mitigated by positive absorption in the suburban areas.\n\n\nMIXED RENTAL PERFORMANCE\n\n\nAverage net rents of Malaysian offices in central KL decreased 0.7 percent quarter-on-quarter while suburban areas showed a diverging trend with net rents increasing 0.2 percent.\n\n\nIn central KL rents for top-grade office buildings were generally stable, but for lower grade office buildings they continued to slide.\n\n\nInvestment yields were flat compared to the previous quarter and JLL anticipates they will remain relatively stable as interest rates in Malaysia are expected to remain unchanged but with some downside potential.\n\n\nOUTLOOK: TENANTS\u2019 MARKET AMID WEAK SENTIMENT\n\n\nJLL said it does not foresee a significant impact on the office leasing market as a result of the recent \u201cBrexit\u201d vote.\n\n\nIt did say it is likely to further subdue already cautious investment sentiment, causing investors to delay making decisions.\n\n\nThe first line of the mass rail transit project is scheduled to begin operation by end-2016.\n\n\nLine 1 is 51 km in length and will serve 31 stations, and upon completion, should further benefit the suburban sub markets and Malaysian offices in general.\n\n"} {"url": "https://www.dotproperty.com.my/blog/suburban-resort-areas-lead-vietnam-real-estate-market-2022", "title": "Suburban and resort areas to lead the Vietnam real estate market in 2022", "body": "\n\nProperty in the Ho Chi Minh City suburbs is growing in popularity\n\n\nThe Vietnam real estate market in 2022 will be led by property in the country\u2019s suburban and resort areas. Preferences are shifting among homebuyers who are now looking for second homes or even primary residences that offer more space and a connection to nature.\n\n\n\u201cWe have attractive destinations such as Bao Loc, Dalat, and Ho Tram. From Ho Chi Minh City, it is easy to drive to these locations and homebuyers can find second homes here to get away from the city and enjoy the open space,\u201d \nDavid Jackson, CEO of Colliers International Vietnam, told the Vietnam Investment Review\n. \u201cThis trend is expected to continue to grow post-pandemic.\u201d\n\n\nPrice and limited supply are among the other reasons why suburban and resort areas will lead the Vietnam real estate market in 2022. Research from Savills Vietnam showed supply in the Ho Chi Minh City house and villa market hit its lowest mark in five years while prices in \nmost districts saw increases of 13 percent or greater during the first half of 2021\n.\n\n\n\u201cHistorically low supply has driven inevitable price increases, that has spilled to neighboring provinces.\u202f With the new government formalized then the near-term hope is for more approvals that will answer the supply shortage,\u201d Vincent Nguyen, Director of Residential Sales, Savills HCMC, said. \u201cFuture supply is so far evenly dispersed, providing an array of location choice.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThis was supported by a market report published by DKRA Vietnam late last year. The consultancy found that six townhouse and villa projects opened for sale in Ho Chi Minh City and surrounding areas in November. The bulk of these being launched in the suburban Dong Nai province, a key area for the Vietnam real estate market in 2022.\n\n\n\u201cIn 2022, the residential real estate segment and urban areas will thrive. Some key urban areas developed in the past few years are located in Dong Nai, Long An, and Binh Duong provinces. This will continue to be the primary trend as area for residential real estate in Ho Chi Minh City will continue to be limited, driving investors and developers to satellite urban areas with easy connectivity to big cities,\u201d Savills Vietnam Managing Director Neil McGregor told the website.\n\n"} {"url": "https://www.dotproperty.com.my/blog/sukantara-cascade-resort-spa-northern-wonderland", "title": "Sukantara Cascade Resort & Spa is a northern wonderland", "body": "\n\nEnjoy the traditional Thai Kantoke dinner in front of the impressive waterfall at Sukantara Cascade Resort & Spa \n\n\nWhether you are working in one of Southeast Asia\u2019s metropolises or are simply visiting the region, it can get a bit hectic. It\u2019s also easy to lose the sense of nature that can help us find balance and achieve peace. This doesn\u2019t mean you need to disconnect from the world completely, but a few days away from the city or crowded throngs of tourists can be a refreshing change of pace.\n\n\nChiang Mai remains one of the best spots in Southeast Asia for a nature getaway. The impressive Doi Suthep a 1,676-metre granite mountain covered in forests, sits only 15 kilometres away from the city while the expansive Doi Suthep\u2013Pui National Park it sits in boasts some of the Kingdom\u2019s best waterfalls, caves and cycling.\n\n\nAngelina Jolie on her visit to Sukantara\n\n\nOn the northern outskirts of the park and less a 30-minute drive from the Chiang Mai city centre lays Sukantara Cascade Resort & Spa. Once you enter the amazing property it feels as if you have been transported to another world. The most notable feature of the wondrous boutique resort is the waterfalls that run through it. After catching a glimpse, you\u2019ll come to understand why celebrities such as Angelina Jolie choose to stay here when traversing the north of Thailand.\n\n\nOne of the few hotels in the world where you can wake up, walk out your door and put your feet in cascades, Sukantara allows you be immersed in the wonders of nature. These include a family of beautiful peacocks who call the resort home. They strut around the property at their leisure, grazing by the waters and even making their way to a perch on the roof. Another fantastic sight is the cable bridge that connects the two sides of the resort.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWith 16 rooms and suites, Sukantara never feels crowded. However, there are still several different types of accommodations available to guarantee your stay is perfect. The suite pool villa offers privacy and some of the best views of the cascades, which can be enjoyed from the veranda. The Thai villa features the classic Lanna-style Chiang Mai is known ensuring an authentic stay.\n\n\nPerhaps the most unique of all the accommodations is the luxury-tented villa which is eco-friendly. The tent provides a camping-style experience without having to give up the luxuries of home. Inside you will find a bathtub and shower as well as interior furnishings that provide the ultimate jungle ambience. From bamboo walls to teak furniture and luxurious ceiling canopies, you will want to see it for yourself if you enjoy camping.\n\n\nChiang Mai best cakes\n\n\nDon\u2019t miss the Naomi cakes\n\n\nEven if you don\u2019t stay at Sukantara Cascade Resort & Spa, you should stop by to try the Naomi cakes. Specially crafted by the manager, these are simply scrumptious. The coconut cake and coffee cake are out of this world and worth the trip from Bangkok on its own.\n\n\nThere are plenty of other reasons to dine at the hotel\u2019s on-site restaurant. The traditional Thai Kantoke dinner is served outdoors in front of the waterfalls is a romantic experience that can\u2019t be duplicated. During dinner you can indulge in an assortment of Chiang Mai\u2019s most famous dishes all while basking in the wonderful candlelight setting.\n\n\nOf course, you will want to conclude the evening with the aforementioned Naomi cakes before retiring back to your room for the evening.\n\n\nNo better feeling than being at\u00a0Sukantara\n\n\nView from the cable bridge\n\n\nWhat stands out most about Sukantara Cascade Resort & Spa is the feeling you have during your stay. From the moment you arrive to the time you bid farewell, there is a delightful homey feeling you can\u2019t help but appreciate. Wandering around the resort exploring the waterfalls creates the same joy as when you played in the backyard as a kid.\n\n\nThe staff at the resort is also exceptional, providing the Lanna-style service that has been passed down for generations in this region. Sukantara employs Karen staff who know this part of Thailand better than anyone else. The hill tribe group has been living in the mountains outside of Chiang Mai for centuries and is happy to assist you in any way possible.\n\n\nShould you want to feel even more relaxed, the highly skilled wellness staff at the on-site Chiida Spa are available with a number of sublime treatments available. There is no better way to unwind than taking part in one of the spa\u2019s signature massage or aroma therapy packages as the soothing sounds of the water serenade you in the background.\n\n\nOnce in a lifetime\n\n\n\n\nThere are a number of amazing resorts and retreats in Thailand, but none of them are quite like Sukantara Cascade Resort & Spa. The entire experience, from the world-class staff to the amazing scenery, is one you will never forget. It\u2019s authentic, it\u2019s peaceful and it\u2019s beautiful. If you want to get away from it all (and eat some delicious cake) then head to Sukantara for a few days. You won\u2019t be disappointed.\n\n\nFor more information or to make a reservation, please call +66 81881 1444 or visit \nwww.sukantara.com\n\n\n\n\n\n\n\n\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/sungai-buloh-kajang-mrt-line-opening", "title": "Sungai Buloh-Kajang MRT line opening", "body": "\n\n\n\n\n\nThe newly opened section of the Sungai Buloh-Kajang MRT line to generate interest.\u00a0\n\n\nDemand and values are expected to increase due to the opening of the Sungai Buloh-Kajang MRT line last week. Starting in Kuala Lumpur\u2019s north west corner and running to Kajang in the south east of the city before passing through the city centre, the partial opening of this MRT line is expected to generate a flurry of activity as investors capitalise on this improved connectivity.\n\n\nThe section of the line that has opened if from Sungai Buloh\u00a0to the Semantan station in Damansara. The underground station in central Kuala Lumpur is set to open in July 2017 along with the remainder of the\u00a0second phase of this MRT line that includes 31 stations covering a distance of 51 kilometres.\n\n\n\n\nProperties in close vicinity to mass transit networks in cities across the world always perform well. Tenants seeking to rent a property want to have the convenience of this transport nearby so generally rent quickly and generate a healthy rental yield. Additionally their capital appreciation increases too. Kuala Lumpur is no exception to this particularly as new mass transit networks offer an efficient and reliable service to their users.\n\n\nChang Kim Loong, secretary general from the National House Buyers Association commented, \u00a0\u201cProperty owners stand to enjoy the higher capital appreciation that comes with enhanced connectivity.\u201d Also citing that it is important that investors seek properties that are built by developers with a good track record and reputation. \u00a0Many developers use the opening of the mass transit network as part of their marketing in a bid to attract investors.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe areas along this new route that have been earmarked for growth are those which are not already congested to avoid the numbers of people parking close by the MRT who generate noise pollution and reduce privacy for residents. However areas such as\u00a0Mutiara Damansara, Kota Damansara and Bandar Utama are forecast to generate higher price tags as these commercial areas have shopping centres and other amenities that investors are drawn to.\n\n"} {"url": "https://www.dotproperty.com.my/blog/sunshine-homes-shines-dot-property-vietnam-awards-2022-b", "title": "Sunshine Homes shines once again at the Dot Property Vietnam Awards 2022", "body": "\n\n\n\n\n\nBest Luxury Developer Vietnam 2022\n\n\nVietnam People\u2019s Choice Award for Project of the Year 2022 \u2013 Sunshine Sky City\n\n\nBest Luxury Lifestyle Condo Development Vietnam 2022 \u2013 Sunshine Sky City\n\n\n\n\nSunshine Homes is one of the most awarded firms in Dot Property Vietnam Awards history and for good reason. Its outstanding projects have elevated the country\u2019s real estate market as a whole with its performance across all sectors being noticed. After winning a staggering six awards in both 2020 and 2021, the developer was presented with three more honors at the Dot Property Vietnam Awards 2022.\n\n\nThis year saw Sunshine Homes\u2019 work recognized by not only the judges but also the public with Sunshine Sky City being named the Vietnam People\u2019s Choice Award for Project of the Year 2022. The project won Best Luxury Lifestyle Condo Development Vietnam 2022 as well.\n\n\nSunshine Homes is a leader when it comes to upscale projects, and there was little surprise to see it named Best Luxury Developer Vietnam 2022. The firm\u2019s work on Sunshine Sky City and numerous other luxurious developments continues to impress.\n\n\nSunshine Group had previously set the bar for luxury residential development in Vietnam with the launch of Sunshine Venicia in 2020. This superluxury condo project in Ho Chi Minh City\u2019s District 2 was among the most exclusive and in-demand residential projects ever launched in the country. However, this is simply one development in a portfolio of award-winning work.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIn 2020, the developer received Best Luxury Financial Complex for Sunshine Empire and followed that up in 2021 by taking home Best Beachfront Luxury Hotel & Resort Development for Sunshine Heritage Da Nang I. Sunshine Homes has previously won the award for Best Luxury Condo Development Vietnam as well.\n\n\nRead More:\n\u00a0\nDot Property Vietnam Awards 2022 Honors 48 Winners As Resiliency, Recovery and Sustainability Take Center Stage\n\n"} {"url": "https://www.dotproperty.com.my/blog/sunshine-homes-wins-six-dot-property-vietnam-awards-2021-h", "title": "Sunshine Homes wins six at the Dot Property Vietnam Awards 2021", "body": "\n\nSunshine Homes was the big winner at the Dot Property Vietnam Awards 2021\n\n\nThis article on Sunshine Homes appeared in the most recent issue of Dot Property Magazine. \nClick here to read it\n!\n\n\n\n\nBest Sustainable Property Developer\n\n\nBest Beachfront Luxury Hotel & Resort Development \u2013 Sunshine Heritage Da Nang I\n\n\nBest Entertainment and Resort Complex \u2013 Sunshine Heritage Hanoi\n\n\nBest Beachfront Resort Villa Architecture Design \u2013 Sunshine Heritage Mui Ne\n\n\nBest Financial Hub Iconic Design \u2013 KSFinance Hanoi\n\n\nSpecial Recognition Award for Smart Finance Solution \u2013 KSFinance\n\n\n\n\nSunshine Homes \u2013 A Member of Sunshine Group continued its success at the Dot Property Vietnam Awards this year with the developer winning a total of six honors, including Best Entertainment and Resort Complex.\n\n\nThe firm is a leader in sustainable development as it looks to research and develop environmentally friendly products that benefit society. Its work in this field saw it bestowed the honor Best Sustainable Property Developer.\n\n\nIts accomplishments in the project categories were headlined by Sunshine Heritage Hanoi winning Best Entertainment and Resort Complex. The impressive development combines traditional craft villages and heritage features with a resort element that embraces local culture.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSunshine Homes took home four project awards\n\n\nMeanwhile, the stunning Sunshine Heritage Da Nang I was named Best Beachfront Luxury Hotel & Resort Development. Located on the beautiful central Vietnam coastline, the resort boasts a collection of upscale hotels and residential components. Materials throughout the development have been carefully selected with everything meeting or surpassing 5-star quality.\n\n\nWith everything from a golf course to thoughtfully crafted residential subdivisions, Sunshine Heritage Mui Ne has a lot going on. However, its stunning villas have drawn the most attention among buyers who want an exclusive experience surpassing what\u2019s currently found in the country. This is one of the reasons it earned Best Beachfront Resort Villa Architecture at the awards.\n\n\nLast year, Sunshine Homes \u2013 A Member of Sunshine Group won six awards\n after having earned five honors in 2019.\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/sunshine-sky-city-selected-vietnam-peoples-choice-award-project-year-2022", "title": "Sunshine Sky City selected as Vietnam People\u2019s Choice Award for Project of the Year 2022", "body": "\n\nVietnam People\u2019s Choice Award for Project of the Year 2022 was won by Sunshine Sky City\n\n\nFor the first time in Dot Property Vietnam Awards history, a developer has repeated as winner of Vietnam People\u2019s Choice Award for Project of the Year. Sunshine Homes first won the honor back in 2019 and was the public\u2019s choice once more this year as Sunshine Sky City took home the Vietnam People\u2019s Choice Award for Project of the Year 2022.\n\n\nOnline voting took place in July with the votes tallied shortly before the Dot Property Vietnam Awards 2022 presentation ceremony Ho Chi Minh City.\n\n\nSunshine Sky City is a remarkable project, and it is easy to see why it caught the eye of the public. The luxurious apartment development features stunning designs in addition to being 4.0 \u201cHotel Standard\u201d residential complex along Ho Chi Minh\u2019s riverside.\n\n\nRead More:\n\u00a0\nDot Property Vietnam Awards 2022 Honors 48 Winners As Resiliency, Recovery and Sustainability Take Center Stage\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nVietnam People\u2019s Choice Award for Project of the Year 2022 Finalists\n\n\nSunshine Sky City wins the Vietnam People\u2019s Choice Award for Project of the Year 2022\n\n\n\n\nSunshine Sky City\n\n\nSunshine Diamond River\n\n\nKing Crown Infinity\n\n\nMetro Star\n\n\nC\u00e1t T\u01b0\u1eddng\n\n\nPark House\n\n\nL\u2019Aurora Phu Yen\n\n\nShizen Home\n\n\nStella Residence\n\n\nVINH PARK RIVER\n\n\nPh\u00fa \u0110\u00f4ng Sky Garden\n\n\nPhu My Hung The Horizon\n\n\nTNR Stars \u0110\u1eafk \u0110oavenezia Beach\n\n\nFiveSeasons Homes\n\n\nMerryland Quy Nh\u01a1n\n\n\n\n\nSunshine Diamond River from Sunshine Homes \u2013 A Member of Sunshine Group won the first People\u2019s Choice Award for Project of the Year at the Dot Property Vietnam Awards 2019 while Sun World Ba Na Hills from Sun Group took home the honor in 2020. The Vietnam People\u2019s Choice Award for Project of the Year 2021 was won by Diamond Crown Hai Phong from developer DOJI Land.\n\n"} {"url": "https://www.dotproperty.com.my/blog/sunway-named-best-in-asia", "title": "Sunway named best in Asia", "body": "\n\n\n\nSunway Property, the property division of Sunway Berhad, was recently named \u2018Property Company of the Year 2015 \u2013 Asia\u2019 in the \nWorld Finance Real Estate Awards\n presented in recognition of its high standards in design, quality, innovation and sustainable practices.\n\n\nReaders of the U.K.-based \nWorld Finance\n magazine were invited to vote for the nominated organisations and projects across different continents, followed by internal research for final deliberation by the World Finance award selection panel.\n\n\nIn a press statement the company noted that the accolade underscores Sunway\u2019s commitment to building for posterity through its unique build-own-operate business model, which ensures the continued and lifelong growth of its communities.\n\n\nIt went on to say that Sunway Property has an enviable portfolio of successful and internationally acclaimed properties across Malaysia, Singapore, China, Vietnam, Cambodia, and India.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIn Malaysia, Sunway has created three value-generating hubs spanning some 4,000 acres across the country, transforming the way people live, learn, work and play in a safe, healthy and connected environment within the integrated townships of Sunway Resort City, Sunway City Ipoh, and Sunway Iskandar.\n\n\nIts first flagship township, Sunway Resort City, is a transformation of a derelict tin-mining land into a world-class township that garners 42 million visitations annually.\n\n\nSunway Group Founder and Chairman Tan Sri Dr. Jeffrey Cheah (pictured), said: \u201cWe are honoured to have been recognised as a real estate leader in Asia, a testament that we are on the right-track to pursue sustainable and participatory growth alongside our communities.\n\n\n\u201cWe will continue to work to enrich the lives of our communities we serve,\u201d he added.\n\n"} {"url": "https://www.dotproperty.com.my/blog/sustainability-innovation-real-estate-celebrated-dot-property-thailand-awards-2021", "title": "Sustainability and innovation in real estate celebrated at the Dot Property Thailand Awards 2021", "body": "\n\nFrom right to left - Mr. Adam Sutcliffe, Dot Property Group Director, Events and International Markets; Khun Apipu Phromyothi, Navarang Asset Chief Executive Officer; Khun Kittiphun Ouiyamaphun, MQDC Senior Vice President; Mr. James Claassen, Dot Property Group General Manager; Khun Korn Narongdej, Chief Executive Officer Raimon Land; Khun Wasawat Watanaudomkit, SC Asset Innovative Strategic Manager; Khun Preecha Kulphaisaltham, Pieamsuk Property Development Managing Director\n\n\n\nSustainability and innovation in real estate were the key themes at the Dot Property Thailand Awards 2021 as the country\u2019s top developers, projects and real estate agencies build for a better future. A total of 32 winners were honored this year.\n\n\nDeveloper MQDC has introduced a number of cutting-edge sustainability features as well as several never before seen innovations to Thailand at The Forestias. These efforts were recognized with five awards, including Developer of The Year Thailand 2021 and Best Innovative Development.\n\n\nThe public also gave its stamp of approval to MQDC and The Forestias as the development won Thailand People\u2019s Choice Award for Project of the Year 2021. There were 12 projects nominated with voting taking place in early November.\n\n\n\u201cWinning these awards makes us very proud. It makes us feel like we are developing The Forestias in the right direction. We don\u2019t only want to develop a good project, we want it to be one of the best projects in the world,\u201d Khun Kittiphun Ouiyamaphun, MQDC Senior Vice President, proclaims.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSC Asset, winner of Developer of The Year Thailand 2020 and the Thailand People\u2019s Choice Award for Project of the Year 2019, earned a pair of honors in 2021 for their work in the housing sector. Notable developer winners include Pieamsuk Property Development and Navarang Asset while Nichada Group of Companies was named Best Lifestyle Developer.\n\n\nDeveloper of The Year Thailand 2021 \u2013 \nMQDC\n\n\nDot Property Thailand Awards 2021 developer winners:\n\n\nBest Boutique Developer (Luxury Villas) \u2013 Dynasty Development\n\n\nBest Lifestyle Developer Koh Samui \u2013 SGQ DESIGN AND CONSTRUCTION COMPANY\n\n\nBest Boutique Housing Developer Phuket \u2013 Zenithy Development\n\n\nBest Boutique Developer Koh Samui \u2013 LDR Group\n\n\nBest Housing Developer \u2013 Pieamsuk Property Development\n\n\nBest Developer Residential High-Rise \u2013 Navarang Asset Co\n\n\nBest Lifestyle Developer \u2013 Nichada Group of Companies\n\n\nBest Breakthrough Developer Phuket \u2013 Andaman Asset Solution\n\n\nFrom right to left \u2013 Mr. James Claassen, Dot Property Group General Manager; Khun Kittiphun Ouiyamaphun, MQDC Senior Vice President; Khun Nares Washirapantsakul, MQDC Vice President; Khun Ruedeekorn Onsawat, MQDC Senior Vice President Marketing & Branding; Mr. Robert Collins, Savills Thailand Chief Executive Officer\n\n\nIn the project categories, Raimon Land once again proved its expertise in creating upscale developments by winning Best Luxury Condominium Bangkok for the second time with Tait Sathorn 12 honored.\n\n\nLife Sathorn Sierra from AP and Noble Form Thonglor from Noble Development were among the other notable Bangkok projects to win in 2021. Outside of the capital, Andaman Asset scored three awards for its work in Phuket while Santi Pura Villas was named Best Villa Architectural Design Koh Samui.\n\n\nThailand People\u2019s Choice Award for Project of the Year 2021 \u2013 \nThe Forestias\n\n\nDot Property Thailand Awards 2021 project winners:\n\n\nBest Green Development \u2013 The Forestias from MQDC\n\n\nBest Innovative Development \u2013 The Forestias from MQDC\n\n\nBest Sustainable Residential Development \u2013 The Forestias from MQDC\n\n\nBest Luxury Housing Development \u2013 Grand Bangkok Boulevard East Rama 9 from SC Asset\n\n\nBest New Launch Villa Development \u2013 Bangkok Boulevard Donmueang \u2013 Chaengwatthana from SC Asset\n\n\nBest Luxury Condominium Bangkok \u2013 Tait Sathorn 12 from Raimon Land\n\n\nBest New Launch Condominium Bangkok \u2013 Noble Form Thonglor from Noble Development\n\n\nBest Affordable Condominium Bangkok \u2013 Life Sathorn Sierra from AP (Thailand)\n\n\nBest Villa Architectural Design Koh Samui \u2013 Santi Pura Villas from LDR Group\n\n\nBest Boutique Housing Development / Eastern Seaboard \u2013 The Plantation Estates from Base Real Estate\n\n\nBest Luxury Condominium Eastern Seaboard \u2013 Arom Wongamat\n\n\nBest Luxury Villa Development Phuket \u2013 Anchan Hills from Pearl Island Property\n\n\nBest Urban Lifestyle Development Phuket \u2013 The Residence from Andaman Asset Solution\n\n\nBest New Launch Villa Phuket \u2013 The Victory from Andaman Asset Solution\n\n\nBest Luxury Townhome Phuket \u2013 The Residence from Andaman Asset Solution\n\n\nBest Affordable Housing Development Hua Hin \u2013 The Village from Boontani36\n\n\nThailand\u2019s Best Real Estate Agencies 2021 featured six winners from across the country. Phuket\u2019s Coldwell Banker SEA Property, Pattaya\u2019s PBRE Real Estate and Bangkok\u2019s Shinyu Real Estate were a few of the firms honored.\n\n\nThailand\u2019s Best Real Estate Agencies 2021\n\n\nPBRE Real Estate\n\n\nPearl Property Pattaya\n\n\nShinyu Real Estate\n\n\nCMP Realty\n\n\nColdwell Banker SEA Property\n\n\nForbest Properties\n\n\nKhun Korn Narongdej, Chief Executive Officer of Raimon Land\n\n\n\u201cSustainability and innovation are extremely important for the real estate sector and this year\u2019s winners are leading the way. These efforts have been recognized both from within the industry and outside of it as we see The Forestias winning Thailand People\u2019s Choice Award for Project of the Year 2021,\u201d Adam Sutcliffe, Dot Property Group Director, Events and International Markets, says. \u201cDespite facing challenges related to the pandemic, all 30 winners displayed resiliency and helped carry the property market forward during a difficult year.\u201d\n\n\nThe Dot Property Thailand Awards 2021 would like to thank Savills Thailand and their CEO Robert Collins for serving as official Awards Consultants. A special mention also goes to official venue partner Park Hyatt Bangkok and VIP Transportation provider Mercedes-Benz Primus Autohaus for their continued support.\n\n\nFor more information on the Dot Property Awards, please visit \nwww.thailand-property.com/events\n\n"} {"url": "https://www.dotproperty.com.my/blog/swan-lake-residence-empowers-residents-connect-nature-thailands-beautiful-khao-yai", "title": "Swan Lake Residence empowers residents to connect with nature in Thailand\u2019s beautiful Khao Yai", "body": "\n\n\n\nBest Green Development \u2013 Swan Lake Residence Khao Yai\n\n\n\n\nThailand\u2019s Khao Yai region is well known for its wondrous natural beauty. But only one project has captured the true spirit of the region\u2019s amazing verdant spaces while allowing residents to reconnect with nature. That project is Swan Lake Residence, winner of Best Green Development at the Dot Property Thailand Awards 2022.\n\n\nWhat makes Swan Lake Residence such an outstanding green development is the amount of care that went into crafting a place that feels like an extension of the surrounding landscape. From outdoor seating areas and trails to the swans and fish that call the area home, this is a celebration of all nature\u2019s glory.\n\n\n\u201cWhat we have tried to do in the past is put nature back into the world around us. I\u2019ve always believed we need to be reconnected to nature and as a project developer, I want to give that space back to our clients,\u201d Khun Rena Udomkunnatum, CEO at Elysian Development, details. \u201cA lot of effort has been made in that regard. We\u2019ve planted a lot of trees and created lakes so that we could rebalance nature. That means our residents can actually live as part of nature.\u201d\n\n\nHowever, Swan Lake Residence is only one element of this outstanding mixed-use estate. Up next for the developer is perhaps Thailand\u2019s most anticipated hotel opening of 2022.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cThis is a very exciting time because we are opening the InterContinental Khao Yai. It is designed by Bill Bensley, the famous architect, and it welcomed guests in September. It features a train-themed concept that\u2019s very unique to Khao Yai and we\u2019re really, really looking forward to that,\u201d Khun Rena noted.\n\n\nThrough its commitment to cultivating the relationship between people and nature, Swan Lake Residence has truly earned its honor as Best Green Development. But that is only one part of a development that is elevating Khao Yai real estate to a whole new level.\n\n"} {"url": "https://www.dotproperty.com.my/blog/take-sneak-peak-inside-phukets-luxurious-villas", "title": "Take a sneak peak inside Phuket\u2019s most luxurious villas", "body": "\n\nOutstanding designs, top-quality materials and a desirable location were just a few of the reasons Botanica Luxury Villas won Best Luxury Villa Development Phuket at the Dot Property Thailand Awards 2019. Here\u2019s your chance to go inside one of Thailand\u2019s most acclaimed villa projects and learn more about the developer behind it. \n\n\nThis story on Botanica Luxury Villas was in the latest issue of Dot Property Magazine. \nClick here\n\u00a0to read\u00a0it\u00a0in full!\n\n\nAt the heart of Botanica Luxury Villas is a unique design that encompasses the artistic vision of the renowned architect Khun Attasit Incharooti of AAP Architecture Co Ltd. who is also the Owner and CEO of Botanica Villas. Each villa combines unmatched functionality with the tropical beauty that Phuket is known for.\n\n\nThe result is a luxurious residence that is also extremely livable. Each villa is centred around a stone tiled, infinity-edged swimming pool that embodies the feeling of paradise. The residences also feature free-flowing floor plans that are capped by a vaulted ceiling and are framed by concertina glass doors.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe interiors transition seamlessly into a covered terrace area that is equipped with four wooden based columns to compliment the wooden clad pitched roof. It\u2019s a signature feature of the villa and ensures all spaces feel interconnected. Every detail at Botanica Luxury Villas has been meticulously considered by the award-winning design team to provide an elegant background while in Phuket.\n\n\nA look at the interior design of Botanica Luxury Villas\n\n\nBotanica Luxury Villas offers the very best experience in relaxation and residential grandeur. The beauty of the estate is matched in quality by the functionality found beneath the wonderful exterior. The integrated indoor and outdoor living spaces have been specifically crafted to adhere to Phuket\u2019s tropical climate. Every material has been selected because it can shine in an island environment.\n\n\nIt is an ideal place for personal or family vacations. And the one-of-a-kind design is sure to attract visitors from around the world while you\u2019re away bringing in a nice return on your investment.\n\n\nAn address in paradise\n\n\nOwning one of the most desirable addresses in Phuket, Botanica Luxury Villas can be found in the Bangtao/Laguna neighbourhood of Phuket. The development is hidden behind a grand mountain stone wall, ensuring an added level of privacy. The hidden location doesn\u2019t mean it is far away from civilisation. The development is only minutes away from some of the island\u2019s most popular destinations.\n\n\nBotanica Luxury Villas use only the best fittings and fixtures\n\n\nThe seemingly never-ending white sands of Bangtao Beach are a short drive from Botanica Luxury Villas. Additionally, the Laguna resort complex is full of amazing restaurants, recreational opportunities, shops and a golf course that can also be found nearby.\n\n\nThe area around Botanica Luxury Villas is seeing a lot of new development as well. An example of this Porto de Phuket, an upscale shopping complex from Central Group, which is expected to open later this year. It will be the first luxury-shopping complex in this part of Phuket.\n\n\nIn addition to international restaurants, a department store and plenty of branded shops, Porto de Phuket will host playgrounds, beauty spas and dedicated areas for pets. There is also a space reserved for local products. Central Group believes at least three million tourists will visit Porto de Phuket every year, which would immediately make it one of the most popular shopping malls in Phuket.\n\n\nFind the right phase for you\n\n\nBotanica Luxury Villas is just one of several phases being developed by Botanica Villas. Each phase, all of which has been carefully designed by Khun Att and his talented team, boasts unique features ensuring you can find the perfect villa.\n\n\nThe courtyard is the centrepiece of each villa with everything flowing towards it\n\n\nAn example of this can be found at Botanica Bangtao Beach, the fifth phase of Botanica Villas. By utilising the architectural knowledge of Khun Att, this phase feels like a sanctuary of pristine beauty and tranquillity with the nearby mountains serving as a stunning backdrop.\n\n\nThe villas have been decorated using world-class products and cutting-edge technology ensuring a villa that is equal parts beauty and convenience. And with only 11 residences, Botanica Bangtao Beach is a truly exclusive development.\n\n\nBotanica The Nature, the eighth phase, and Botanica Lakeside, the ninth phase, offer peaceful living that takes advantage of some of Phuket\u2019s best green spaces. The spacious villas in each phase are designed to maximise the natural beauty around. This makes each phase a wonderful retreat\u00a0from the city.\n\n\nPhase seven, Botanica The Valley, is situated next to Laguna and has a few exclusive features in addition to meeting the developer\u2019s unwavering standards on quality. Villas inside Botanica The Valley have a 360-degree panoramic sunset view with sublime overlooks of the nearby scenery.\n\n\nEach villa development features a Botanica community that includes services such as 24-hour security, CCTV, an automatic key card system and an innovative underground electric cable setup, that ensures that the development is always immaculately presented and landscaped.\n\n\nAn exclusive investment\n\n\nBotanica Luxury Villas in the evening\n\n\nResidences at Botanica Luxury Villas have recently been completed and are now ready for occupancy. The award-winning development offers world-class facilities along with a professional rental management service. Together they will take care of the property\u00a0and make it ready for guests.\n\n\nThis includes the handling of short-term rentals. Investors who participate in this program will receive a guarantee return of five percent for five years.\n\n\nBotanica Luxury Villas Facts\n\n\nDeveloper:\u00a0\nAAP Architecture Properties & Development\n\n\nType:\u00a0\nVillas\n\n\nArchitect:\u00a0\nKhun Attasit\u00a0Intarachooti (Master plan, concept and details)\n\n\nLocation:\u00a0\nMoo 6, Chengtalay Sub-district, Thalang District, Phuket Province, Thailand\n\n\nLaunch:\u00a0\nJanuary 2017\n\n\nExpected completion:\u00a0\nDecember 2020\n\n\nTotal number of units:\u00a0\n21 Villas\n\n\nTitle:\u00a0\nFreehold & Leasehold\n\n\nFacilities:\u00a0\nReception, office and caf\u00e9\n\n\nSales office contact:\u00a0\n+66 (0)\u00a0 98 394 7097\n\n\nEmail:\u00a0\n[email\u00a0protected]\n\n\nWebsite:\u00a0\nwww.botanicavillasphuket.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/taking-look-hcmc-property-market-start-2020", "title": "Taking a look at the HCMC property market to start 2020", "body": "\n\nAkari City is one of several exciting HCMC property projects to have launched last year\n\n\nSavills Vietnam recently released its market brief for both Ho Chi Minh City and the findings showed Vietnam\u2019s impressive macroeconomic indicators continue to support the excellent performance of the property market in the city. A 16 percent increase in international arrivals has also benefited the real estate sector.\n\n\nTotal apartment unit sales were down in HCMC year-on-year, but absorption reached a five-year high of 88 percent as demand remains strong. \nSavills Vietnam\n is expecting 57,000 apartment units to be launched in 2020, up from the estimated 35,000 that hit the market last year. A total of 108 projects are set to be launched between now and 2020, \naccording to the consultancy\u2019s report\n.\n\n\nNotable HCMC property developments\n\n\nOne of the most impressive HCMC property developments to launch last year was Akari City. Designed as a multi-purpose residential city, the project features renovated and upgraded apartments; shopping and dining outlets; an education area; a healthcare center; gardens and landscaped areas; and an amusement park.\n\n\nAkari City was inspired by Japanese architecture, design and planning in order to create a residential zone that is both exclusive and secluded from the hustle and bustle of HCMC. Savills Vietnam was appointed as the official sales agent for international buyers at Akari City.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nClick here to see units in Akari City\n\n\nAnother interesting residential project in HCMC is De La Sol from CapitaLand Vietnam. The stylish development is located in District 4 of HCMC, an area that has grown in popularity as it offers easier access to District 1 than other upscale residential locations such as District 7. Additionally, De La Sol features high-end amenities and luxurious units that cater to the needs of the modern resident.\n\n\nClick here to see units in De La Sol\n\n\nThis year will be an interesting one for the HCMC property market. Those considering a real estate purchase or investment are urged to work with a trusted partner, such as Savills Vietnam, to ensure a transparent and straightforward experience.\n\n"} {"url": "https://www.dotproperty.com.my/blog/taking-look-possible-returns-pattaya-property-investment", "title": "Taking a look at the possible returns of Pattaya property investment", "body": "\n\n\n\nOne frequently asked question many property investors have is just what can they expect in terms of return on investment. Especially in a place like Pattaya where the market has recorded both ups and downs during the past few years.\n\n\nPerhaps no one is as well suited to answer this question than Ekaterina \u201cKate\u201d Okisheva, Managing Director at Invest East Property. Her agency has assisted countless clients, helping them find investment properties along Thailand\u2019s Eastern Seaboard.\n\n\nAmong the investors the team at Invest East Property has worked with, many happen to be based overseas. They usually want a property that can be used for holidays and then rented out. Today, Kate shares a real life example of possible Pattaya property investment returns.\n\n\nPreparing for retirement\u00a0 \n\n\nIn 2012, an Invest East Properties customer from Russia purchased an off-plan unit in the Grande Caribbean condominium complex near Pattaya\u2019s Jomtien Beach. The investors had just turned 50 and wanted an apartment she could visit a few times a year and then rent out while she was away. Her end goal was to eventually retire in Thailand, and the property would help achieve this.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe following year she jumped into the market further, acquiring two apartments in a New Nordic Group development that provided hotel management and guaranteed rental returns of 10 percent. She planned on these properties being used exclusively for investment.\n\n\nShe wound up selling one of these units in 2015 to fund other investments and Kate noted the deal was closed very quickly. This year, the investor decided to sell her unit in Grande Caribbean and opted to purchase another property in a New Nordic development. Here is what her total investment looks like:\n\n\nIncome from Pattaya property investment sales:\n\n\nTHB1.2 million\n\n\nRental returns from Pattaya property investment:\n\n\nTHB1.6 million \u2013 original New Nordic investment (84 months)\n\n\n574,999 THB \u2013 second New Nordic investment (30 months)\n\n\nTHB504,000 -Grand Caribbean unit\n\n\nTHB112,500 \u2013 most recent New Nordic purchase (8 months)\n\n\nThis comes out to a return of a little more than THB4 million over seven years on investments of THB6.89 million, or roughly eight percent annually. Kate believes this shows it is possible for anyone to have success when it comes to Pattaya property investment if they work a skilled agency such as Invest East Properties.\n\n\n\u201cThe most important part of this story is that our client was satisfied with her life and was able to provide herself with a solid source of income through Pattaya property investment,\u201d Kate points out. \u201cAt Invest East Property, we view this as a success story for us as well. We worked together with this customer to ensure she was completely satisfied.\u201c\n\n\nFor more information about how Invest East Property can help with Pattaya Property investment please contact Kate by calling +6682-211-8894 or via e-mail at \n[email\u00a0protected]\n\n"} {"url": "https://www.dotproperty.com.my/blog/tallest-buildings-cambodia-heres-need-know", "title": "The tallest buildings in Cambodia: here\u2019s what you need to know", "body": "\n\nCambodia may not be the first place that springs to mind when you think about skyscrapers, but they are arriving in Phnom Penh. The skyline still remains relatively modest when compared to other Southeast Asian capitals, however, the past decade has brought with it several skyscrapers. A few developers have announced plans for new towers that can politely be described as outlandish, but just may join the list of the tallest buildings in Cambodia one day.\n\n\nThe Tallest Buildings in Cambodia\n\n\nVattanac Capital\n\n\nMixed-use\n\n\nLocation:\n Phnom Penh, Cambodia\n\n\nHeight:\n 187 meters (613 feet)\n\n\nCompleted:\n 2014\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nVattanac Capital is the most impressive modern building in Cambodia and has shown just how far the country has developed. The impressive mixed-use development boast Grade A office space in addition to the Rosewood Phnom Penh hotel. The design is claimed to look like a dragon\u2019s back and the building utilizes elements of feng shui and traditional Naga motifs. There is also a unique observation space that extends away from the building to create a dramatic outline.\n\n\nRead more:\n\u00a0\nRosewood Phnom Penh offers the city\u2019s best views\n\n\nSky Villa\n\n\nResidential\n\n\nLocation:\n Phnom Penh, Cambodia\n\n\nHeight:\n 139 meters (456 feet)\n\n\nCompleted:\n 2020\n\n\nOnce finished later this year, Sky Villa will actually be the second and third largest buildings in Cambodia. The twin tower, residential development is bringing luxury living to Phnom Penh with extra-large units and a host of 5-star amenities including a rooftop swimming pool on the highest levels. Taiwanese architect Chu-Yuan Lee, the man behind Taipei 101, worked on Sky Villa meaning it will certainly be among the best looking in Southeast Asia.\n\n\nThai Boon Roong Twin Tower Trade Center\n\n\nThai Boon Roong Twin Tower Trade Center\n\n\nMixed-use\n\n\nLocation:\n Phnom Penh, Cambodia\n\n\nHeight:\n 561 meters (1,843 feet)\n\n\nExpected Completion:\n TBD\n\n\nThai Boon Roong Twin Tower Trade Center were first launched in 2016 and would surpass the Petronas Twin Towers as the world\u2019s largest twin towers if completed. Notice the word \u201cif\u201d in that sentence. The project has already been delayed multiple times and most models look like something straight from the computer game Sim City 2000. The last updated from the developer was in 2019 when they said the project was still on but wasn\u2019t sure when construction would begin.\n\n"} {"url": "https://www.dotproperty.com.my/blog/tallest-buildings-in-malaysia", "title": "What are the tallest buildings in Malaysia?", "body": "\n\nWhen most people think of the tallest buildings in Malaysia, the Petronas Twin Towers immediately comes to mind. The iconic towers have long been the standard bearer for tall buildings in Asia. However, they have since been topped by another skyscraper that is now the country\u2019s tallest building. Malaysia has a rich history when it comes to skyscrapers with a few new projects set to join some familiar buildings.\n\n\nThe tallest buildings in Malaysia\n\n\nTallest Building\n\n\nThe Exchange 106\n\n\nOffice\n\n\nLocation:\n Kuala Lumpur, Malaysia\n\n\nHeight:\n 492 meters (1,614 feet)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCompleted:\n 2019\n\n\nThe Exchange 106 is now Malaysia\u2019s tallest building, surpassing the world-famous Petronas Twin Towers. The 106-floor office tower is the centerpiece of Tun Razak Exchange, a 70-acre complex that will soon become Kuala Lumpur\u2019s new CBD as well as Malaysia\u2019s International Financial District. Tun Razak Exchange won Best Integrated Development at the Dot Property Southeast Asia Awards 2019.\n\n\nTallest Residential Building\n\n\nThe Astaka\n\n\nThe Astaka\n\n\nResidential\n\n\nLocation:\n Johor Bahru, Malaysia\n\n\nHeight:\n 278.9 meters (915 feet)\n\n\nCompleted:\n 2018\n\n\nThe Astaka is the tallest skyscraper in Johor Bahru and is among the most notable projects in the Iskandar special economic zone. The project features 438 luxury suites and penthouse duplexes with each residence outiffted with Gaggenau and Bosch Appliances in addition to Hansgrohe bathroom fittings. There are actually two towers at The Astaka. The 70-story one listed here, and a second one that has 65 stories.\n\n\nTallest Hotel Building\n\n\nFour Seasons Place Kuala Lumpur\n\n\nFour Season Place Kuala Lumpur\n\n\nHotel\n\n\nLocation:\n Kuala Lumpur, Malaysia\n\n\nHeight:\n 342 meters (1,124 feet)\n\n\nCompleted:\n 2018\n\n\nFour Seasons Place Kuala Lumpur holds a number of distinctions. It\u2019s the tallest hotel building in both Malaysia and Southeast Asia as well as being the third tallest hotel in the world. Located next to Petronas Twin Towers, the project initially received some flak for blocking views of the iconic office skyscrapers. The hotel itself is breathtaking, providing all the luxury you would expect to find from the Four Seasons brand. A limited number of Four Seasons branded residences can also be found in the skyscraper.\n\n\nThe Iconic Skyscraper\n\n\nPetronas Twin Towers\n\n\nPetronas Towers\n\n\nOffice\n\n\nLocation:\n Kuala Lumpur, Malaysia\n\n\nHeight:\n 452 meters (1,483 feet)\n\n\nCompleted:\n 1998\n\n\nThe easily-identifiable Petronas Twin Towers are synonymous with Kuala Lumpur and were the tallest buildings in Southeast Asia for more than a decade. They were also the tallest buildings in Malaysia up until last year when they were surpassed by The Exchange 106. The office buildings each have 88 floors with state-owned oil and gas company Petronas occupying one tower. The other tower is leased to a host of businesses.\n\n\nKOMTAR Tower\n\n\nThe Unique Skyscraper\n\n\nKOMTAR Tower\n\n\nOffice\n\n\nLocation:\n Penang, Malaysia\n\n\nHeight:\n 249 meters (816 feet)\n\n\nCompleted:\n 1985 (renovated 2015)\n\n\nThe KOMTAR Tower in George Town on the island of Penang is outside the top ten of the tallest buildings in Malaysia and would be dwarfed in Kuala Lumpur. However, it\u2019s not located there. It is in Penang where it has towered over the skyline there for decades and remains the tallest building on the island. It is home to government offices in addition to retail space. KOMTAR underwent massive renovations in 2015 that added several new floors which contain the highest glass skywalk in Malaysia along with some other tourist attractions.\n\n\nThe Future\n\n\nMerdeka PNB 118\n\n\nMerdeka PNB 118\n\n\nMixed-use\n\n\nLocation:\n Kuala Lumpur, Malaysia\n\n\nHeight:\n 656 meters (2152 feet)\n\n\nExpected Completion:\n 2021\n\n\nMerdeka PNB 118 will be the new tallest building in Malaysia when it\u2019s completed in 2021. Standing at 118 stories, the tower will have office space, a shopping mall, a Park Hyatt hotel and hotel residences along with the obligatory observation deck. Most of the office space will be occupied by Permodalan Nasional Berhad (PNB), the state-backed investment fund. Work on the tower began in 2014 and building on the 100\nth\n floor took place in January of this year.\n\n"} {"url": "https://www.dotproperty.com.my/blog/tallest-buildings-indonesia", "title": "Here are the tallest buildings in Indonesia", "body": "\n\nA number of the tallest buildings in Indonesia are either under construction or in the planning stages. These could dramatically alter Jakarta\u2019s skyline in the next decade. Nearly all of the country\u2019s skyscrapers are found in the capital or the nearby suburb of Tangerang with a few tall towers located in Surabaya, Indonesia\u2019s second largest city.\n\n\nThe Tallest Buildings in Indonesia\n\n\nGama Tower\n\n\nGama Tower\n\n\nMixed-use\n\n\nLocation:\n Jakarta, Indonesia\n\n\nHeight:\n 288 meters (947 feet)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCompleted:\n 2016\n\n\nGama Tower opened in 2016 amid much fanfare. The skyscraper is divided into two distinct zones. A Westin Hotel is situated on floors 50-69 while the rest of the building is dedicated to office space. Gama Tower\u2019s most notable tenant is Grab as the ridesharing company bases their Indonesia operation here.\n\n\n46 Wisma\n\n\nOffice\n\n\nLocation:\n Jakarta, Indonesia\n\n\nHeight:\n 261 meters (860 feet)\n\n\nCompleted:\n 1996\n\n\nWisma 46 is one of the tallest buildings in Indonesia\n\n\nIt\u2019s remarkable to think 46 Wisma is almost 25-years old. It remains one of the most iconic buildings in Indonesia thanks to a unique design that looks a bit like a fountain pen depending on who you ask. When 46 Wisma opened in 1996, it was not only the tallest building in Indonesia, but was among the tallest in the entire southern hemisphere although it has since been passed on both fronts.\n\n\nThe Pakubuwono Signature\n\n\nResidential\n\n\nLocation:\n Jakarta, Indonesia\n\n\nHeight:\n 252 meters (827 feet)\n\n\nCompleted:\n 2014\n\n\nThe Pakubuwono Signature\n\n\nAt the moment, The Pakubuwono Signature remains the tallest residential building in Indonesia. However, there are a few projects under construction that will likely surpass it when they are completed a few years from now. The skyscraper features a range of contemporary luxury apartments and the development was one of the first condominiums in Jakarta to incorporate resort-style amenities.\n\n"} {"url": "https://www.dotproperty.com.my/blog/tallest-buildings-singapore", "title": "What are the tallest buildings in Singapore?", "body": "\n\nWhile other cities in Southeast Asia are building higher and higher, the\u00a0tallest buildings in Singapore aren\u2019t so tall. That\u2019s because the maximum allowable height for buildings in \nSingapore\n is 280 meters. Districts, such as the Downtown Core, are located under the flight path of the nearby Paya Lebar airbase and this necessitated the need for height regulations. The airbase is set to relocate in 2030 and the move could bring with it a new wave of skyscrapers to Singapore.\n\n\nTallest Buildings in Singapore\n\n\nGuoco Tower\n\n\nGuoco Tower \n\n\nMixed-use\n\n\nLocation:\n Tanjong Pagar, Singapore\n\n\nHeight:\n 290 meters (952 feet)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCompleted:\n 2016\n\n\nWhile its height is relatively modest compared to the tallest buildings elsewhere in Southeast Asia, Guoco Tower is tops in Singapore at 290 meters. The development is a true mixed-use facility with everything from office space to a hotel spread across the building\u2019s 68 stories. Guoco Tower is home to the Sofitel Singapore while the luxurious Wallich Residence span the 39th to 64th floors. Billionaire inventor James Dyson purchased the penthouse in this skyscraper, spending a cool SGD73.8 million (USD53 million) for the honor.\n\n\nUOB Plaza One\n\n\nUOB Plaza 1\n\n\nOffice\n\n\nLocation:\n Downtown Core, Singapore\n\n\nHeight:\n 280 meters (920 feet)\n\n\nCompleted:\n 1992\n\n\nOne Raffles Place Tower 1\n\n\nOffice\n\n\nLocation:\n Downtown Core, Singapore\n\n\nHeight:\n 280 meters (920 feet)\n\n\nCompleted:\n 1986\n\n\nRepublic Plaza\n\n\nOffice\n\n\nLocation:\n Downtown Core, Singapore\n\n\nHeight:\n 280 meters (920 feet)\n\n\nCompleted:\n 1995\n\n\nOne Raffles Place is among the tallest buildings in Singapore\n\n\nA trio of skyscrapers now sit in a three-way tie behind Guoco Tower in the tallest building rankings for Singapore. These three office buildings are all the same height and were completed within ten years of each other. They also sit side-by-side in Singapore\u2019s Downtown Core meaning you don\u2019t have to go far to see them all.\n\n\nSkysuites @ Anson Enggor Street / Altex\u00a0\u00a0 \n\n\nSkysuites @ Anson Enggor Street\n\n\nResidential\n\n\nLocation: Tanjong Pagar, Singapore\n\n\nHeight: 250 meters (820 feet)\n\n\nCompleted: 2014\n\n\nJust around the corner from Guoco Tower are Skysuites @ Anson Enggor Street and Altex, Singapore\u2019s tallest residential buildings. Despite being exactly the same height and located next to each other, the two towers were built by different developers meaning each one is unique. Allgreen, the property arm of major Singaporean conglomerate Kuok Group, developed Skysuites @ Anson Enggor Street which has 72 stories and 360 units. On the other hand, Altez is only 62 stories and is less dense with 280 units.\n\n"} {"url": "https://www.dotproperty.com.my/blog/tallest-buildings-thailand", "title": "Where are the tallest buildings in Thailand?", "body": "\n\nThere is no shortage of skyscrapers in Thailand. They come in all shapes and uses as developers look for ways to launch projects that are unique and tall. Most of the tallest buildings in Thailand can be found in Bangkok. The expansion of Bangkok\u2019s Skytrain and MRT public transportation routes has seen skyscrapers pop up alongside these lines over the past few years instead of being clustered in specific areas.\n\n\nAdditionally, some developers have opted to build towers close to the Chao Phraya River where cheaper land prices allowed them to be more grandiose when it comes to size and facilities.\n\n\nSee the tallest buildings in Thailand\n\n\nTallest Building\n\n\nMagnolias Waterfront Residences \n\n\nResidential\n\n\nLocation:\n Bangkok, Thailand\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHeight:\n 318 meters (1,043 feet)\n\n\nCompleted:\n 2018\n\n\nThe 70-storey Magnolias Waterfront Residences is now the tallest building in Thailand with its 379 residential units providing residents with some breathtaking views of the Chao Phraya River as it winds through Bangkok. The superluxury residential tower is part of the much-hyped ICONSIAM complex, which is also home to The Residences at Mandarin Oriental, the fifth tallest building in Thailand. Unlike some other Bangkok skyscrapers, the design of Magnolias Waterfront Residences is relatively plain and the project isn\u2019t as well-known as some other tall towers in the Thai capital.\n\n\nThe Icon\n\n\nKing Power MahaNakhon \n\n\nKing Power MahaNakhon\n\n\nMixed-Use\n\n\nLocation:\n Bangkok, Thailand\n\n\nHeight:\n 314 meters (1,030 feet)\n\n\nCompleted:\n 2016\n\n\nWhile Magnolias Waterfront Residences surpassed King Power MahaNakhon in height by four meters, the latter has become a Bangkok icon thanks to a unique design \u2013 which is supposed to capture the look of pixilation \u2013 and multitude of features. These include Thailand\u2019s first Ritz Carlton Residences, an Orient Express hotel and a rooftop observation deck. King Power MahaNakhon is visible throughout Bangkok with its unique fa\u00e7ade making it easily recognizable to both locals and visitors alike.\n\n\nTallest Hotel\n\n\nBaiyoke Tower II \n\n\nBaiyoke Tower II\n\n\nHotel\n\n\nLocation:\n Bangkok, Thailand\n\n\nHeight:\n 309 meters (1,014 feet)\n\n\nCompleted:\n 1999\n\n\nNow 20-years old, Baiyoke Tower II was among the first wave of skyscrapers to appear in Bangkok during the aftermath of the 1997 Asian Financial Crisis. The 88-story hotel cuts a somewhat lonesome figure as the tower rises from its surroundings outside the central business district. Baiyoke Tower II remains the tallest hotel in Southeast Asia and room rates are surprisingly affordable, but access to other facilities, such as the 360-degree revolving roof deck, will cost you.\n\n\nThe One\n\n\nOne Bangkok \n\n\nThe centerpiece of One Bangkok will be one of the tallest buildings in Thailand when completed\n\n\nMixed-Use\n\n\nLocation:\n Bangkok, Thailand\n\n\nHeight:\n 436 meters (1,431 feet)\n\n\nExpected completion:\n 2025\n\n\nOne Bangkok is a mixed-use development that will be home to five grade A office buildings, five luxury and lifestyle hotels, four retail and leisure centers, three ultra-luxury residential towers, civic areas and a lot more. The project\u2019s signature tower will be Thailand\u2019s tallest building once completed in 2025. Work has begun on the project although details remain scarce. The 436-meter skyscraper is expected to have office space and a hotel as well as some retail facilities.\n\n\nThe Future\n\n\nGrand Rama 9 Tower \u00a0\n\n\nMixed-Use\n\n\nIt remains to be seen if work will start on Grand Rama 9 Tower\n\n\nLocation:\n Bangkok, Thailand\n\n\nHeight:\n 615 meters (2,018 feet)\n\n\nExpected completion:\n TBD\n\n\nDespite first being announced in 2014, work has yet to begin on the Grand Rama 9 Tower in Bangkok that would be one of the tallest skyscrapers in the world when finished. Plans call for a 6-star hotel, a lot of office space and an observation deck. The project\u2019s original developer, Grand Land, was purchased by the property development company owned by retail giant Central Group in 2018. The firm is expected to relaunch Grand Rama 9 Tower in the near future with the originally planned height still intact.\n\n\nThe Outsider\n\n\nReflection Jomtien Beach Pattaya \n\n\nResidential\n\n\nReflection Jomtien Beach Pattaya\n\n\nLocation:\n Pattaya, Thailand\n\n\nHeight:\n 234 meters (768 feet)\n\n\nCompleted:\n 2013\n\n\nReflection Jomtien Beach Pattaya is the tallest building outside of Bangkok. Constructed during the Pattaya property boom of the early 2010s, the project dominates the Jomtien Beach area of Pattaya. Despite standing 55 stories, Reflection Jomtien Beach Pattaya only has 102 units as Major Development, the company behind the project, opted for a low-density approach. This allows the residences to have several unique design features, like floor-to-ceiling windows, that maximize views.\n\n"} {"url": "https://www.dotproperty.com.my/blog/tallest-tower-takes-shape", "title": "Tallest tower takes shape", "body": "\n\n\n\nHsin Chong Construction Group has been appointed as Construction Manager for the Thai Boon Roong Twin Tower World Trade Center Project in Cambodia.\n\n\nBeing developed by Sun Kian Ip Group and Thai Boon Roong Group, located on the bank of the Mekong River in the capital city Phnom Penh, the Twin Tower will reach 500 metres (133-storeys) when completed, making it Cambodia\u2019s and Southeast Asia\u2019s tallest building, as well as one of the world\u2019s tallest buildings.\n\n\nIr Paul Lee, Managing Director of Hsin Chong Construction and Augustine Tang, Director of HCC, signed the contract in Phnom Penh recently.\n\n\n\u201cWe are honoured to be chosen to deliver this landmark project for Cambodia, which has been earmarked as an important commercial and residential facility. We will be applying the strengths and experience we have in constructing large-scale integrated projects in Hong Kong and Macau to provide the best solutions and a high-quality product for our client,\u201d said Ir Lee.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAs Construction Manager for the project, Hsin Chong will be responsible for coordination and supervision of works contractors, programme control, commercial advice, monitoring safety and quality control, managing site logistics, as well as coordinating with consultants and the local authorities.\n\n\nThe project includes four residential buildings of 59 to 65 storeys, an 11-storey podium structure with three levels of basement, and another three levels of basement under the existing Hun Sen Plaza in front of the Twin Towers. The Thai Boon Roong Twin Tower World Trade Center Project will accommodate facilities such as hotel, service apartments, offices, shopping mall, an exhibition hall, stock exchange trading hall, cinema, restaurants and basement carpark. The planned land area is more than 86,000 sqm and the gross building area is around 1.615 million sqm.\n\n\nWork is reported to have started on the US$ 3 billion project and completion will be in five years.\n\n"} {"url": "https://www.dotproperty.com.my/blog/teka-sponsor-awards", "title": "Teka to sponsor Awards", "body": "\n\n\n\nDot Property Group\u2019s\n Awards, showcasing the \u2018Best of the Best\u2019 Residences, Serviced Apartments and Serviced Offices throughout Southeast Asia is pleased to revealed that kitchen and bathroom appliance company, The Teka Group, will be sponsoring this year\u2019s Awards.\n\n\nThe Teka Group\n is a multinational company founded in Germany in 1924 and engaged in the manufacture and commercialization of kitchen and bath products, ceramic glazes, industrial containers and professional kitchens.\n\n\nIt currently boasts 25 factories across three continents that enables it to market its products in more than 110 countries, and serve more than 100 million consumers worldwide.\n\n\nAlexander Kunz, Area Manager for Asia and Managing Director for \nTeka\n Thailand, was delighted with the opportunity to be involved with\n Dot Property Group\u2019s\n Awards\n.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHe said: \u201cExposure to property developers throughout Southeast Asia by sponsoring these Awards will enable us to raise our brand awareness with this important market, and show exactly how we want to be associated with the \u2018Best\u2019 projects.\n\n\n\u201cBeing the best in our own field it only seems natural to be involved with this exciting project.\u201d\n\n\nAlva Horgan, Managing Director of International Markets for \nDot Property Group\n, said: \u201cTo have a company with the reputation of \nTeka\n involved in our \n\u2019Best of the Best\u2019 Awards\n is testament to the sheer quality and integrity we are achieving.\u201d\n\n\nShe added that discussions are ongoing with other potential sponsors, and that any interested companies should express their interest before the closing date on August 31.\n\n\nThe \nDot Property Group\n\u2018s \u2018Best of the Best\u2019 Awards \nwill reward the \u2018Best\u2019 Residences, Serviced Offices and Serviced Apartments throughout Southeast Asia.\n\n\nRecipients of the accolade will be revealed online\u00a0on October 1 and appear in the second edition of \nDot Property Group\n\u2018s regional print magazine.\n\n\nFor more information about the Awards and sponsorship email \n[email\u00a0protected]\n\n\nFor more information about The Teka Group visit \nwww.teka.com\n or email\u00a0\n[email\u00a0protected]\n\n\n#DotPropertyAwards\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/thai-developers-joined-elite-flexible-one-program", "title": "Here are the Thai developers who have joined the Elite Flexible One program", "body": "\n\nAt the start of this year, Thai Privilege Card launched the Elite Flexible One scheme to help stimulate overseas demand for real estate in the Kingdom. The program provides anyone who purchase properties worth THB10 million with a five-year, multiple-entry visa.\n\n\nThere are a few things to note before joining the Elite Flexible One scheme. Firstly, only approved properties from select developers are eligible. And while the THB10 million can be invested in multiple units, you can only buy with one company. Secondly, you cannot sell, transfer or mortgage your property for five years. This information needs to be verified annually to show the unit(s) is still in your possession.\n\n\nThe Elite Flexible One program has a few positives worth mentioning as well. For starters, you don\u2019t need to be physically located in Thailand to complete the transaction. Additionally, the scheme is retroactive to March 2020. That means if you purchased a unit in any approved development, it may be possible to receive a visa assuming you meet the other criteria.\n\n\nSeveral of Thailand\u2019s most notable developers have since signed up for Elite Flexible One program. Let\u2019s take a look at them.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRaimon Land\n\n\nRaimon Land was the first developer in Thailand to join the Elite Flexible One program and the firm has listed three projects. Units purchased The Lofts and \nThe Diplomat 39\n\u00a0are eligible. Originally residences in \nThe River\n were also part of the program, but \nRaimon Land\n revealed \nthat condominium sold out earlier this year\n.\n\n\nRelated:\n\u00a0\nRaimon Land wants to make Bangkok condos more attractive to foreign buyers\n\n\nAP Thailand\n\n\nAP Thailand\n has placed eight projects into the scheme\u2013five under its Life brand and the other three being Aspire developments. The most notable condominium listed by AP is the upscale \nLife One Wireless\n in Central Bangkok.\n\n\nAnanda Development\n\n\nAnanda Development has seven eligible projects in the Elite Flexible One program. The homebuilder\u2019s offerings feature mid-range and high-end developments including \nAshton Asoke\n, \nAshton Residence 41\n and \nIdeo Q Sukhumvit 36\n.\n\n\nSansiri\n\n\nKhun By YOO Thong Lo, one of Sansiri\u2019s signature projects, qualifies for the visa scheme. \nThis ultraluxury condominium has been branded by famed design firm YOO\n who worked hard to create something truly special. \nSansiri\n has a total of six developments in the program. This list is comprised of \nXT Ekkamai\n, XT Huaukwang and Oka Huan Sukhumvit 36 in Bangkok as well as The Best Central Phuket and La Habana Hua Hin in addition to Khun By YOO Thong Lo.\n\n\nSENA Development\n\n\nThere are four projects from SENA Development in the Elite Flexible One scheme. Niche MONO Sukhumvit Bearing, \nthe first project under a joint venture arrangement between the developer and Japanese property firm Hankyu Realty\n, is in the program along with Niche Pride Taopoon-Interchange. That condominium is best known for having facilities spread across 30 floors.\n\n\nRelated: \nNiche Pride Taopoon-Interchange is revolutionizing facilities in Asia one story at a time\n\n\nOther developers in the Elite Flexible One program\n\n\nA total of 13 developers have signed up with the Elite Flexible One program with projects currently available in Bangkok, Phuket, Hua Hin and Chiang Mai. You can find the full list of participating companies and condominiums \nhere\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/thai-developers-look-go-way-beyond-comfort-real-estate", "title": "Thai developers look to go way beyond the comfort of real estate", "body": "\n\nSansiri CEO Khun Apichart Chutrakul has overseen the developer's diversification strategy\n\n\nThai developers haven\u2019t been afraid to diversify their interests over the years. However, they have rarely left their comfort zones. Residential firms in the Kingdom have dipped their toes into hospitality or commercial real estate during the past decade in a bid to be less reliant on housing.\n\n\nFor example, \nSansiri began investing in hotel-brand The Standard five years ago and has since become the leading shareholder\n. Major Development has an entire business unit dedicated to hotels and resorts. Ultimately though, most developers were hesitant to venture beyond the realm of real estate until recently. And even then, those plans were put on hold due to the COVID-19 pandemic.\n\n\n\u201cIn the past, residential developers have diversified their strategy to cover all range of development projects, with some venturing into the condominium market, hospitality and retail,\u201d Khun Rathawat Kuvijitrsuwan, Head of Research and Consulting, CBRE Thailand, said. \u201cThe impact of the pandemic on the real estate sector has been significant and to survive, residential developers have made huge efforts to clear their unsold inventory, put development projects on hold and reevaluate their strategies going forward. Many have decided the time is right to diversify into other industries outside of real estate.\u201d\n\n\nKhun Rathawat notes there are risks to this either way. Firms relying too heavily on property alone are at the mercy of the market while expanding into new areas comes with a massive set of challenges. For Many Thai developers, diversification is the better option.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cNow, real estate developers are once again extending their diversification strategies beyond their comfort zones, adding more offerings to their core businesses while lowering the risks of being too dependent on the real estate industry alone. They are adding the lifestyle components of real estate, such as health and wellness, food, and services to their portfolios,\u201d Khun Rathawat reported.\n\n\nRead More:\n \nThis real estate developer is building a forest in Bangkok\n\n\nSingha Estate targets power generation and other unique areas\n\n\nSingha Estate announced that it plans to integrate industrial estates, power generation, engineering services and other related businesses into its property operations as it looks to triple annual revenues over the next three years. The firm believes the strategic broadening of business will allow it to better capture new opportunities.\n\n\n\u201cThe emergence of many extra-large-scale development projects in Thailand and Singha Estate\u2019s integrated approach that combines hospitality, residential, commercial and industrial property development with power generation and related innovative services and businesses will give Singha Estate unrivalled advantages in capturing some of these huge, new opportunities,\u201d Khun Thitima Rungkwansiriroj, Singha Estate Chief Executive Officer, said.\n\n\nRead More:\n \nSingha Estate lays out ambitious plans to grow its property business\n\n"} {"url": "https://www.dotproperty.com.my/blog/thai-government-urged-simplify-foreign-condominium-ownership-rules", "title": "Thai government urged to simplify foreign condominium ownership rules", "body": "\n\nMoney transfer requirements have hindered foreign condominium ownership in Thailand\n\n\nThe Board of Trade of Thailand has called on the government to simplify foreign condominium ownership rules. In particular, the organization urged for current money transfer requirements to be improved.\n\n\nAtip Bijanonda, Board of Trade of Thailand Vice Chairman, explained to the Bangkok Post that currently a foreign national is required to transfer money to Thailand from overseas in their own currency. Once that is done, the buyer must then declare or show a foreign exchange transaction certificate to the Lands Department.\n\n\nNot only is the process complicated, but it puts foreigners who own a business in the Kingdom or are married to a Thai spouse at a disadvantage. This group is still required to produce a foreign exchange transaction certificate which means they have to transfer money out of the country and then back in to purchase a condominium unit.\n\n\n\u201cMany countries\u2019 governments don\u2019t care about inbound money transfers, but they do care about outbound moves,\u201d \nKhun Atip told the newspaper\n. \u201cThe Thai government should amend this rule.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRelated:\n \nThe pros and cons of buying Thailand real estate right now\n\n\nREIC also calls for changes to foreign condominium ownership rules\n\n\nEarlier this year, \nthe Real Estate Information Center (REIC) announced that it wanted the government to implement targeted measures to encourage overseas property investment in Thailand\n. The body noted that while it did not want to see an across-the-board increase of the condominium quota, improving foreign condominium ownership rules would benefit the real estate market as a whole.\n\n\n\u201cThere is no need to increase condo ownership across the whole country. It is better to focus. We recommend individual projects have the right to increase their foreign ownership threshold, but only in certain areas of Bangkok, Chon Buri, Chiang Mai, Samut Prakan and Phuket,\u201d Dr Vichai Viratkapan, REIC Executive Director, explained to the Bangkok Post. \u201cThe government\u2019s goal should be to focus foreign buyer transactions in the higher price ranges. That would prevent foreign buyers from competing with domestic buyers.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/thailand-back-in-top-five", "title": "Thailand back in top five", "body": "\n\n\n\nThailand property and real estate returned to the top five countries in a monthly ranking of most-searched investment destinations last month according to data released by a leading British-based overseas property website.\n\n\nAfter sounding a warning last month that Thailand\u2019s real estate and property developers need to be doing more in the face of increasing global competition, the Kingdom rocketed seven places last month to return to the top five most-searched locations on \nTheMoveChannel.Com\n\u2019s \u2018\nTop of the Props\n\u2019 report.\n\n\nRelated News: \nThailand warned to \u201cShape up or miss out\u201d\n\n\nDecember was the first month since September 2015 that Thailand made in into the Top Ten list of popular locations, and claimed 4.08 percent of all searches during the month which is widely considered to be in the middle of the high season for both tourism and property purchases.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nElsewhere France flew up the international portal\u2019s chart in December to become the second most popular country in the world. U.S. real estate remained the number one country on investors\u2019 wish lists at Christmas, receiving the most enquiries from overseas buyers for the third month in a row. Its share of enquiries rose from 9.5 percent during November to 13.21 percent, as interest continued to grow bolstered by the improving economic picture.\n\n\nBrazil also enjoyed rising interest among investors. As the country prepares to host the 2016 Summer Olympic Games, it rose two places to become the third most popular property destinatinon, knocking Portugal down one place into fourth and Spain and Turkey out of the top five altogether.\n\n\nDan Johnson, Director of TheMoveChannel, said: \u201cLast year was the year in which buyers returned to Europe in force, with Spain dominating activity in the first half of the year and France wooing buyers in the second half.\n\n\n\u201cOn a quarterly basis, the Top of the Props data paints a more accurate picture of the global market, highlighting the extent of European property\u2019s appeal even during the quieter Christmas period.\u201d\n\n\nThe full Top 40 most popular destinations on TheMoveChannel.com in December 2015 are below.\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/thailand-eliminates-covid-19-testing-upon-arrival-vaccinated-visitors", "title": "Thailand eliminates COVID-19 testing upon arrival for vaccinated visitors", "body": "\n\nVaccinated arrivals to Thailand are no longer required to take a COVID-19\n\n\nThailand is scrapping COVID-19 testing for vaccinated arrivals and eliminating the entire Test & Go program on May 1 as the country looks to kickstart the tourism. Rules have also been relaxed for unvaccinated travelers, although both groups are still obligated to meet certain entry requirements.\n\n\nThe Thailand Pass program remains in place with all visitors required to register prior to arriving. For vaccinated tourists, they must upload proof of vaccination and an insurance policy with coverage of no less than USD10,000 in order to be approved for entry. This group is recommended to take an antigen COVID-19 test, but this will not be mandated by the Thai government.\n\n\nUnvaccinated visitors must have the same level of insurance. However, this group has two options in terms of testing. First, they can provide proof of a negative RT-PCR test taken within 72 hours of travel. Those who choose this method are allowed to move around freely upon arriving. Second, they may choose to quarantine for five days and undergo an RT-PCR test on their fifth day in the country.\n\n\nRead More: \nSingapore eliminates most travel restrictions\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThis replaces the \nTest & Go program\n which had required all travelers to take a RT-PCR test upon arrival and then spend one night in a certified hotel until receiving a negative result. The decision is seen as a key step for Thailand\u2019s tourism sector.\n\n\n\u201cTest & Go will be scrapped and there will be a shift to antigen testing on May 1. This will be more convenient and faster for visitors. Tourism is also starting to recover,\u201d Prime Minister Prayut Chan-o-cha told local media. \u201cMany countries are easing travel restrictions significantly and our country depends considerably on tourism to support our economy.\u201d\n\n\nThose needing more information or wanting to submit their Thailand Pass documents can do so \nhere\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/thailand-philippines-southeast-asias-popular-travel-spots", "title": "Thailand and the Philippines are Southeast Asia\u2019s most popular travel spots", "body": "\n\nFlight bookings to Southeast Asia are picking up, according to Travelport\n\n\nThe Philippines recorded the highest number of international flight bookings to Southeast Asia during the first quarter of 2022 followed closely by Thailand. Research from technology firm Travelport showed the region\u2019s two most popular travel spots accounted for more than half of all bookings in the first three months of this year.\n\n\n\u201cFor the first quarter of 2022, international flight bookings to Southeast Asia overall have increased and have showed upward trajectory with the Philippines taking the lead by achieving 42 percent of its international bookings in the first quarter of 2019 prior COVID-19 pandemic,\u201d \nTravelport noted\n. \u201cThe Philippines and Thailand were among the earliest countries in Southeast Asia to reopen their borders, and travelers are already clamoring to visit.\u201d\n\n\nManila, Singapore, Bangkok, Ho Chi Minh City and Jakarta were the top five destinations to visit. Individual travelers made up the majority of bookings with Travelport reporting this group has many different reasons to head to Southeast Asia.\n\n\n\u201cThe top five countries traveling to Southeast Asia are the United States, United Kingdom, Australia, Saudi Arabia, and South Korea. Solo travelers made up 44 percent of international flight bookings for the first quarter of 2022 to date, by far the largest traveler segment, which may be comprised of returning business travelers, flexible tourists whose bags are packed the moment borders reopen, and Southeast Asian expats who are eager to return home without enduring a once mandatory quarantine,\u201d Travelport explained.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe Philippines began welcoming travelers in early February\n with visitors only required to present a recent negative COVID-19 test along with proof of vaccination. Meanwhile, \nThailand scrapped COVID-19 testing for vaccinated arrivals and got rid of its Test & Go program at the start of May\n. Singapore, Malaysia, Indonesia, Cambodia, Laos and Vietnam have all reopened their borders to vaccinated visitors which means most of Southeast Asia\u2019s most popular travel spots are now open.\n\n"} {"url": "https://www.dotproperty.com.my/blog/thailand-projects-take-center-stage-dot-property-southeast-asia-awards-2020-thailand", "title": "Thailand projects take center stage at the Dot Property Southeast Asia Awards 2020", "body": "\n\nWyndham Garden Irin Bangsaray Pattaya won Best Condotel Development (Low Rise)\n\n\nThailand continues to lead Southeast Asia\u2019s real estate industry and 2020 was no exception. Throughout the Kingdom, projects of all sizes are turning heads and attracting buyers. Here are four developments that took home honors at the Dot Property Southeast Asia Awards 2020.\n\n\nBest Condotel Development (Low Rise) \u2013 Wyndham Garden Irin Bangsaray Pattaya\n\n\nFrom an outstanding design to being backed by a world-class hotel brand, Wyndham Garden Irin Bangsaray Pattaya from Irin Property is setting the standard for condotel projects at the regional level. Wyndham Garden Irin Bangsaray Pattaya is close to the Bang Saray Beach along Thailand\u2019s Eastern Seaboard, an up-and-coming destination. The property\u2019s rooftop amenities make it the perfect place to watch sunsets over the Gulf of Thailand while each unit features a modern luxury style that caters to the unique needs of travelers.\n\n\nLearn more about Wyndham Garden Irin Bangsaray Pattaya\n\n\nBest Affordable Development (Hi Rise) \u2013 Modiz Sukhumvit 50\n\n\nModiz Sukhumvit 50\n offers residents the modern, hi-rise lifestyle people love at an affordable price point. There is an expansive amenities deck, automatic parking and a long list of upscale amenities. Each unit has been fitted with a number of cutting-edge features including a built-in audio system and control panel. Despite all this, developer AssetWise made sure Modiz Sukhumvit 50 remained affordable ensuring the good life could be enjoyed by anyone.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBest Affordable Condominium (Low Rise) \u2013 Andaman Riviera Condominium\n\n\nAndaman Riviera Condominium is an exciting residential development in Phuket providing excellent value for money. It boasts spacious units featuring modern designs that appeal to all types of property buyers. Andaman Riviera Condominium has all the amenities you would expect to find at a resort condominium project as well. All of this is available at a very reasonable price.\n\n\nSee units for sale in Andaman Riviera Condominium\n\n\nBest Villa Development Sustainable Design \u2013 Riverhouse Phuket\n\n\nFeaturing an ambitious design equipped with numerous environmentally friendly touches, Riverhouse Phuket has elevated sustainability in Southeast Asia. For starters, each unit comes with integrated solar panel systems that are all connected to a single grid that maximizes efficiency, a first for a residential development in Thailand. Other innovations at Riverhouse Phuket include a unique dehumidifier system that keeps residences free of fungus and smells without needing to use air conditioning.\n\n\nExplore Riverhouse Phuket\n\n"} {"url": "https://www.dotproperty.com.my/blog/thailand-real-estates-next-big-thing-learn-8villas-leading-way-khon-kaen", "title": "Thailand real estate\u2019s next big thing: Learn how 8Villas is leading the way in Khon Kaen", "body": "\n\nThis look at Thailand real estate\u2019s next big thing, 8Villas and Khon Kaen is featured on the cover of the latest issue of Dot Property Magazine. \nClick here to read it\n.\n\n\nNo one could have imagined just how the condominium market in Bangkok would have taken off 30 years ago. Some of Phuket\u2019s most popular real estate destinations were little more than afterthoughts less than two decades ago. The moral of the story is that property investors need to look at the bigger picture when searching for what\u2019s next.\n\n\nBacked by a strong local economy, significant infrastructure investment and a lifestyle people love, Thailand real estate\u2019s next big thing is Khon Kaen and developer 8Villas is at the forefront of this movement.\n\n\nOne of the biggest misnomers people have about Khon Kaen, and all of Isan for that matter, is that it is rural. Over the past decade, the region has blossomed due in large part to massive economic growth of 40 percent from 2007 to 2011. In the decade since that boom, spending power has increased, and the property market has blossomed.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBoth overseas and local property buyers are drawn to Khon Kaen for the same reasons. Firstly, the city has a rustic charm. The people are friendly, the surroundings are peaceful and it provides a family-oriented lifestyle that can be hard to find elsewhere.\n\n\n\u201cThere is just so much warmth here. It\u2019s friendly and authentic. The pace of life is amazing. You are surrounded by the countryside. But the little conveniences, like Central Plaza and Big C, are just around the corner. You don\u2019t have to sacrifice anything,\u201d Brian, the Sales and Marketing Manager at 8Villas, explains.\n\n\nSecondly, the city is safe from natural disaster. There is no threat from tsunamis, earthquakes are not an issue and the flooding risk is minimal. Finally, Khon Kaen is only a 45-minute flight from Bangkok.\n\n\nKhon Kaen Airport is currently undergoing extensive renovations that will allow it to handle five million passengers annually and increase the number of destinations available to travelers. And this is only one of several infrastructure projects that is set to transform the region into a transport hub that serves a key link between Southeast Asia and China.\n\n\nThe city is located along the second phase of the Sino-Thai high-speed railway that will eventually connect Bangkok to Kunming in China. Local officials are confident this will spur business and provide new opportunities. It will also make Khon Kaen attractive for companies looking to expand their presence in both Thailand and Asia as a whole.\n\n\nSimply put, Khon Kaen truly offers it all. The general livability is outstanding. Its investment potential is unmatched in Thailand. According to Brian, this is the chance to get in on the ground floor of something special.\n\n\n\u201cKhon Kaen, and Isan as a whole, are brimming with potential that\u2019s begging to be tapped into,\u201d Brian states. \u201cPeople who visit, love it here. It\u2019s a great place to be. A family-oriented place that has those traditional values people still care about. This combination livability and investment potential makes it truly special.\u201d\n\n\nRelated: \nExplore Khon Kaen: Cool Isan comes to life\n\n\n8Villas brings a unique vision to Khon Kaen real estate\n\n\n8Villas was the first developer to launch international-quality residences in Khon Kaen\n\n\nTo understand 8Villas, it\u2019s important to know their motivation. Not only does the management boast a wealth of international real estate experience, but they have lived in Khon Kaen for years. It is the place they are proud to call home.\n\n\n\u201cWe are part of the Khon Kaen community. For us, this isn\u2019t simply about building houses and selling them,\u201d Brian details. \u201cWe live in our developments. It is important to us that our projects are comfortable because we are here all the time. This is our home.\u201d\n\n\nThe process starts by finding a suitable location. Management looks to find land that speaks to them. A place that inspires them to create. No one looks at residential development quite like 8 Villas in Khon Kaen and even Thailand as a whole.\n\n\nAn outstanding example of this can be found at 8Villas Riverside, the homebuilder\u2019s latest project. They saw the potential for something entirely different. A place where they could tell a story. The end result is a majestic estate that is close to the city but surrounded by peace and quiet. It is a safe neighborhood where everyone can feel comfortable and at home.\n\n\n\u201cThe details and unique architecture of 8Villas is a first for Northeast Thailand. It\u2019s luxurious and unique,\u201d Brian states. \u201cIt was important for us to offer a different perspective to building in this part of Thailand. We knew the demand for luxury housing was here, but no one was doing it. Unlike other developers who acquire a plot and build a cookie cutter project that is focused on revenue, our approach provides us with the freedom to do what no one else is doing.\u201d\n\n\n8Villas was the first developer in Isan to build pool villas. It is a style people love and everyone is familiar with in Thailand. However, you couldn\u2019t find many homes with a pool in Khon Kaen before the first project from 8Villas was launched. The management team looked into why it wasn\u2019t being done and worked to find a solution that made it possible.\n\n\n\u201cNo one was building pool villas in Khon Kaen because residents didn\u2019t want the hassle of maintaining a pool. The solution to that was actually quite simple,\u201d Brian points out. \u201cPools at our residences are cared for each week. Maintenance is scheduled and carried out seamlessly. It is part of the bespoke experience 8Villas provides to ensure residents enjoy a worry-free experience.\u201d\n\n\nEach home also features a number of other small but important features that make daily life convenient. Case in point, villas come equipped with indoor and outdoor kitchens that provide greater flexibility when it comes to preparing meals. This may seem minor, but those who have lived in Thailand know just how crucial it is.\n\n\nAttention has also been paid to the layout with indoor and outdoor spaces connected to give the homes life. Open indoor areas flow into sweeping outdoor areas. This design concept was very deliberate in order to maximize both space and privacy.\n\n\nQuality and community\n\n\n8Villas focuses on building developments that boast both privacy and community\n\n\nThere are two things you get when buying a residence at an 8Villas development that you can\u2019t find anywhere else in Khon Kaen\u2013quality and community. The developer values both these characteristics highly and goes above and beyond to incorporate them at all projects.\n\n\n\u201cWe control the entire building process ensuring the highest quality. We have a team of contractors to carry out construction. Every last detail is looked after. Even something as small as the placement of an electrical outlet is considered,\u201d Brian says. \u201cQuality control is a big part of what we do at 8Villas. We double, triple and even quadruple check everything at all of our villas. We have engineers on staff to make sure everything is done right.\u201d\n\n\nWhat\u2019s more, the 8Villas team is always happy to answer any questions you might have. The process is very transparent because they are invested in creating the highest quality residential experience possible. They don\u2019t want to simply sell you a house.\n\n\n\u201cThis isn\u2019t a transactional relationship. Our clients become friends and family. And really, that\u2019s because 8 Villas is a family business. We take care of each other and look after one another,\u201d Brian details. \u201cWe are always here to help our owners. Customers constantly phone us up. You don\u2019t get that kind of bond elsewhere.\u201d\n\n\nIf you visit an 8Villas project, you can\u2019t help but notice a genuine sense of community among residents. There is a family-friendly atmosphere that can be difficult to find just about anywhere in the world these days.\n\n\n\u201cIt is important for us to provide both community and security. People feel safe here and they feel like their privacy is respected. However, we also go out of our way to make sure everyone feels welcome by setting up communal areas,\u201d Brian notes. \u201cDuring COVID-19, this was very important. Everyone felt safe here and like they could have their own space while still seeing one another. It truly felt like we were all in this together. You don\u2019t get that in other developments.\u201d\n\n\nA smart investment in Thailand real estate\u2019s next big thing\n\n\nThe potential of Khon Kaen makes it Thailand real estate\u2019s next big thing\n\n\nKhon Kaen is Thailand real estate\u2019s next big thing. Not only are land prices rising, but there is real demand in the city for high-quality residences. It\u2019s something 8Villas has seen firsthand over the years.\n\n\n\u201cMany of our buyers have purchased multiple homes, one for residence and one for rent, due to the fact houses never sit empty,\u201d Brian reports. \u201cThe 8Villa residences that are available for rent never hit the open market. Some tenants have been renting at 8 Villas since the project was first completed.\u201d\n\n\nUnlike other developers that rely on guaranteed returns to attract buyers, 8Villas doesn\u2019t need such programs. For starters, renting out a home in Khon Kaen is much easier than in Bangkok or somewhere else.\n\n\n\u201c8Villas is great from a financial standpoint, regardless of if you\u2019re buying to live or buying as an investment. You\u2019re going to see returns and appreciation. And more importantly, when you want to sell, demand for your home will be there as well,\u201d Brian states.\n\n\nUltimately, Khon Kaen is liveable and investable. And the true potential of the city is only starting to be realized. If you\u2019re looking for Thailand real estate\u2019s next big thing, this is it. And with its unique vision for high-quality residences that provide a true sense of community, 8Villas is leading the way.\n\n\nFor more information:\n\n\n8villas.co.th\n\n\nPhone:\n\n\n+66 95 658 3038 (English)\n\n\n+66616 694447 (Thai)\n\n\nLine:\n brian8villas\n\n\nEmail:\n \n[email\u00a0protected]\n\n"} {"url": "https://www.dotproperty.com.my/blog/thailand-set-full-reopening-120-days-airports-get-ready", "title": "Thailand set for a full reopening in 120 days as airports get ready", "body": "\n\nAirports are undergoing improvements as Thailand looks to fully reopen in 120 days\n\n\nThailand plans to reopen its borders in full and has set a 120-day timeline to make it happen. During a televised address, Prime Minister Prayut Chan-o-cha said fully vaccinated visitors could return to tourism destinations across the country without needing quarantine in four months\u2019 time.\n\n\nIn order to make this a reality, government organizations and provinces have been encouraged to begin preparations for a potential reopening.\u00a0\nThe Bangkok Post reported\n that provinces will need to inoculate 70 percent of their population before being allowed to welcome foreign tourists.\n\n\nAccording to the Prime Minister\u2019s timeline, Thailand would be fully reopened by the middle of October assuming everything went as planned.\u00a0The government noted that it will continue to monitor the situation throughout the country and adjust plans if necessary.\n\n\n\u201cThe only exception to these guidelines will come if a truly serious situation arises or seems likely to emerge. We will look at and deal with such situations on a case-by-case basis,\u201d the Prime Minister explained. \u201cI know this decision comes with some risk because when we open the country, there will be an increase in infections, no matter how good our precautions.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAirports ready for the return of tourists\n\n\nAirports throughout the country are already dusting off tarmacs and cleaning up check-in kiosks in anticipation of tourists returning. While it remains to be seen just how many people will travel to Thailand once it reopens, international flights are expected to resume to all major cities.\n\n\nDepartment of Airports Director-General Apirat Chaiwongnoi told Thai PBS\n that improvements have been made to airport terminals and runways with COVID-19 measures also being fitted. It was noted large airports would be first in line for the upgrades.\n\n\nAll eyes will shift to Phuket on July 1 with \nthe island being the first place to accept vaccinated tourists\n. Overseas arrivals won\u2019t need to quarantine but must stay for a minimum of 14 days. Several airlines, including Thai, Emirates and Qatar, have announced that they will offer international flights once Phuket opens.\n\n"} {"url": "https://www.dotproperty.com.my/blog/thailand-welcome-visitors-october-special-tourist-visa-approved-thai-government", "title": "Thailand to welcome visitors in October as Special Tourist Visa approved by Thai government", "body": "\n\nAfter months of quiet, a Special Tourist Visa program will bring overseas visitors to Suvarnabhumi Airport\n\n\nA Special Tourist Visa program has been approved by the Thai government with holders allowed to arrive in the Kingdom starting on October 1. Deputy Government Spokesperson Traisuree Taisaranakul told local media that the visa was the first step towards reopening the country to visitors.\n\n\nThe visa covers an initial 90-day period with two 90-day extensions available meaning it is possible to stay in Thailand for a maximum of 270 days. Tourists will need to apply for the visa at a Thai consulate or embassy in their home country with applications already being accepted. The cost of the visa is THB2,000.\n\n\n\u201cIf the visa process can be completed in time, tourists can visit the country by October 1 via chartered flight or private jet,\u201d \nTourism and Sports Minister Phiphat Ratchakitprakarn told the Bangkok Post\n.\n\n\nRelated: \nThai government considering a property stimulus package for foreign buyers\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIn order to receive the Special Tourist Visa, applicants are required to submit the following documents to Thai consular officials:\n\n\n\n\nProof of payment for alternative state quarantine or alternative local state quarantine facility\n\n\nProof of post-quarantine accommodation (hotel reservation or condo lease/ownership)\n\n\nChartered flights or private jet bookings\n\n\nCertificate showing applicant has been tested for COVID-19 and cleared\n\n\nTravel and health insurance\n\n\n\n\nAll visitors are required to fly into Bangkok and undergo 14-day quarantine at a government-approved facility. Upon exit of quarantine, visa holders will be expected to comply with Thailand\u2019s COVID-19 control and preventative measures.\n\n\nThe first month of the Special Tourist Visa program will see up to 1,200 visitors allowed into Thailand with the government looking to scale up the program should it the initial run be successful.\n\n\nThose interested in applying for the Special Tourist Visa should contact the nearest Thai consulate or embassy for additional details as well as a full list of requirements.\n\n"} {"url": "https://www.dotproperty.com.my/blog/thailands-best-real-estate-projects-drive-real-estate-market-new-heights", "title": "Thailand\u2019s best real estate projects drive the real estate market to new heights", "body": "\n\nAndaman Asset took home three project awards at the Dot Property Thailand Awards 2021\n\n\nThis article on Thailand\u2019s best real estate projects appeared in the most recent issue of Dot Property Magazine. \nClick here to read it\n!\n\n\nThailand\u2019s best real estate projects are a diverse bunch. Throughout the country, developments are innovating and elevating the property market. These come in various shapes and sizes with everything from massive mixed-use developments to boutique villa estates contributing to growth.\n\n\nThe project winners at the Dot Property Thailand Awards 2021 are all helping drive the real estate market to new heights in their own unique ways.\n\n\nThailand\u2019s best real estate projects\u00a0in 2021\n\n\nBest Luxury Housing Development\n\n\nGrand Bangkok Boulevard East Rama 9\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBest New Launch Villa Development \n\n\nBangkok Boulevard Donmueang \u2013 Chaengwatthana \n\n\nSC Asset celebrates one of two project awards\n\n\nThis year saw SC Asset collect two awards in the project categories with its industry leading housing developments taking center stage. The amazing Grand Bangkok Boulevard East Rama 9 won Best Luxury Housing Development while Bangkok Boulevard Donmueang \u2013 Chaengwatthana was presented with Best New Launch Villa Development.\n\n\nThe two awards are proof of SC Asset\u2019s commitment to being Thailand\u2019s number one housing development brand. It continues to launch high quality projects equipped with modern living solutions that suit the needs of homeowners.\n\n\nAn example of this is the housing design at Bangkok Boulevard Donmueang \u2013 Chaengwatthana that features larger spaces and energy saving innovations. Additionally, a fully-fitted co-working center at the project ensures residents are able to work from home in comfort.\n\n\nBest Luxury Condominium Bangkok\n\n\nTait Sathorn 12 \n\n\nBest Luxury Condominium Bangkok\n\n\nFor the second consecutive year, a Raimon Land project won Best Luxury Condominium. Last year, it was The Estelle. This year, the impressive Tait 12 was recognized. Located in the heart of Sathorn, this 40-storey condominium boasts an elegant exterior design with large glass panels.\n\n\nInside, six-storeys of amenities have been placed on the upper levels of the project. These cater to the needs of modern residents who require spaces for working and entertaining guests in addition to more traditional facilities.\n\n\nWatch:\n \nTait 12 takes residential luxury in Bangkok to new heights\n\n\nBest Luxury Condominium Eastern Seaboard \n\n\nArom Wongmat\n\n\nBest Luxury Condominium Eastern Seaboard\n\n\nArom Wongmat from Colours Development is the new benchmark of luxury living along the Eastern Seaboard. The condominium has reimagined the residential experience serving as a masterpiece fitting of Pattaya\u2019s most prestigious address.\n\n\nWith preferences in this part of Thailand evolving, luxury residences are more popular now than ever before. Arom Wongmat is helping meet this growing demand. The collection of luxurious beachfront residences provides a bespoke experience tailored to those with discerning tastes.\n\n\nBest Boutique Housing Development / Eastern Seaboard \n\n\nThe Plantation Estates \n\n\nBest Boutique Housing Development Eastern Seaboard\n\n\nThe Plantation Estates is an exclusive housing community featuring high-quality construction and modern designs. This creates the tropical lifestyle people love about Thailand\u2019s Eastern Seaboard in a peaceful, low-density environment.\n\n\nOne of the most unique aspects of The Plantation Estates is the flexibility given to homeowners. In order to fulfill its mission to be a boutique development, developer Base Real Estate provides assistance with furniture and interior design elements to ensure a \u00a0one-of-a-kind residence.\n\n\nRelated:\n\u00a0\nThe Plantation Estates brings boutique housing to the Eastern Seaboard\n\n\nBest Villa Architectural Design Koh Samui \n\n\nSanti Pura Villas \n\n\nBest Villa Architectural Design Koh Samui\n\n\nSanti Pura Villas\n features design from the legendary architect Bodin Sritrakul. Featuring his trademark Moon Shadow styling, the luxury villas are works of art. Each residence was laid out to not only maximize sea views but to also provide spacious, comfortable living areas that offer unmatched tranquility.\n\n\nThe developer behind Santi Pura Villas, LDR Group, was named Best Boutique Developer Koh Samui at the Dot Property Thailand Awards 2021.\n\n\nKeep Reading:\n\u00a0\nSanti Pura Villas offers award-winning design and a boutique approach in Samui\n\n\nBest Urban Lifestyle Development Phuket \n\n\nBest Luxury Townhome Phuket\n\n\nThe Residence \n\n\nBest New Launch Villa Phuket \n\n\nThe Victory \n\n\nBest New Launch Villa Phuket\n\n\nDeveloper Andaman Asset Solution took home a trio of project awards, including Best Luxury Townhome Phuket and Best Urban Lifestyle Development Phuket for The Residence and Best New Launch Villa Phuket for The Victory. Each one of these honors shows the developer\u2019s understanding of Phuket and its willingness to help elevate the local real estate market.\n\n\nThe Residence provides homeowners with an unbeatable lifestyle without the drawbacks of urban living. Easy access to school, work and leisure guarantees convenience while a peaceful home and fulfilled family life are ensured through the exquisite smart design that offers timelessness and unrivaled comfort.\n\n\nAndaman Asset Solution launched The Victory in 2021 looking to usher in the next wave of ultraluxury pool villas in Phuket. The project boats distinctive modern architecture, luxurious finishes and superior craftsmanship that must be seen to be believed.\n\n\nBest Luxury Villa Development Phuket\n\n\nAnchan Hills \n\n\nBest Luxury Villa Development Phuket\n\n\nAnchan Hills from Pearl Island Property is a regular at the Dot Property Awards having won in 2018, 2019 and 2020. The project continued to earn plaudits in 2021 with its latest honor being Best Luxury Villa Development Phuket.\n\n\nFeaturing a modern Balinese style, Anchan Hills has redefined luxury in Phuket. No expense has been spared to create a truly unique residence. Meanwhile, the architectural design inspires harmony between the internal and external spaces that embrace the island\u2019s tropical charm.\n\n\nBest Affordable Housing Development Hua Hin \n\n\nThe Village from Boontani36\n\n\nBest Affordable Housing Development Hua Hin\n\n\nThe Village\n from Boontani36 is set amidst the breathtaking landscape of Hua Hin\u2019s hillside which provides a tranquil backdrop for residents. The two hallmarks of The Village are comfort and convenience. An example of this is the fact several plot sizes and villa styles are available to choose from.\n\n\nAdditionally, modern technology can be found in the residences and common areas to ensure seamless daily living. All of this is provided at an affordable price point meaning people are able to enjoy a splendid home without breaking the bank.\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/thailands-biggest-online-property-sales-event-in-2021-even-deals", "title": "Thailand\u2019s biggest online property sales event returns in 2021 with even more deals", "body": "\n\nThe Dot Property 48 Hour Mega Sale will be Thailand\u2019s biggest online property sales event in 2021\n\n\nThailand\u2019s biggest online property sales event will be even bigger in 2021 with the announcement of the Dot Property 48 Hour Mega Sale. After a massive event in 2020 which saw THB38 million worth of property sold in 12 hours, even more developers, deals and transactions are expected this year thanks to several improvements.\n\n\nFor starters, the Dot Property 48 Hour Mega Sale will span two days providing real estate seekers with more time to locate the best deal. Last year saw buyers from across the globe take part. Expanding the duration ensures even more people can join this time around.\n\n\nOne thing that is not changing is the amazing discounts being made available to the public. These deals can\u2019t be found anywhere else or at any other time making the Dot Property 48 Hour Mega Sale a can\u2019t miss event.\n\n\nCondominium units, villas, houses and other real estate from Bangkok, Phuket, Samui, Hua Hin and Pattaya will be available at never-before-seen prices during Thailand\u2019s biggest online property sales event in 2021.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMore Properties! More Discounts! More Sales!\n\n\nNo other digital event in the country had as many properties on sale at once as Dot Property\u2019s online sale last year. And that total will be even greater with more developers expected to join Thailand\u2019s biggest online property sales event in 2021.\n\n\nAdditionally, last year\u2019s historic sales and website traffic figures will easily be surpassed as the full strength of the Dot Property Group is utilized. Increased synergy between the group\u2019s five leading property portals, including Thailand-Property, Dot Property and Hipflat, is set to increase visibility and attract even more active buyers.\n\n\nDon\u2019t miss Thailand\u2019s biggest online property sales event in 2021!\n\n\nThe Dot Property 48 Hour Mega Sale will take place on August 27 and 28 with advanced registration set to open shortly. \nFollow us on Facebook\n\u00a0and visit\u00a0\nThailand-Property.com\n\u00a0for updates on Thailand\u2019s biggest online property sales event in 2021.\n\n\nIf you\u2019re a developer interested in joining the Dot Property 48 Hour Mega Sale, simply contact us at: \n[email\u00a0protected]\n\n"} {"url": "https://www.dotproperty.com.my/blog/thailands-sc-asset-overcomes-challenges-win-developer-year", "title": "Thailand\u2019s SC Asset overcomes challenges to win Developer of the Year 2020", "body": "\n\n\n\nNo developer has managed to overcome the challenges 2020 presented quite like SC Asset. The Thailand-based homebuilder was proactive in navigating these difficult times and even managed to set sales records in the process. An outstanding 12 months was capped off by winning Developer of the Year 2020 at the Dot Property Southeast Asia Awards 2020.\n\n\nSC Asset found success by shifting its focus away from the condominium market and towards the Thailand housing segment where local demand remained strong. The move paid huge dividends as the developer recorded historic pre-sales for its housing projects in the first three quarters of the year. In total, SC Asset actually saw pre-sales figures raise eight percent year-on-year.\n\n\nBut this is only one of the company\u2019s record-setting achievements in 2020. Total revenue for SC Asset during the first nine months of last year increased by an astonishing 26 percent year-on-year.\n\n\nSC Asset proved to be resilient in the face of adversity and their innovative approach showed it was a leader in Southeast Asia. Winning Developer of the Year 2020 at the Dot Property Southeast Asia Awards 2020, in addition to Developer of the Year 2020 at the Dot Property Thailand Awards 2020, is affirmation of its credentials.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSC Asset builds the best\n\n\nIn order to meet the growing demand for detached housing in Thailand, SC Asset crafted modern estates tailored to the needs of modern residents. A prime example of this quality work can be found at developments under its Grand Bangkok Boulevard luxury housing brand.\n\n\nThese developments are equipped with a number of unique innovations that are designed to make life better for everyone. For example, the developer has applied a number of multi-generational family features in each residence to ensure they are suitable for people of all ages.\n\n\nOn the bottom floor of houses in Grand Bangkok Boulevard Sukhumvit, a housing estate in suburban Bangkok, is a special bedroom that caters to the elderly. Innovations include soft flooring that is easy on the joints and bathroom safety features.\n\n\nBeyond that, these homes contain everything the modern family would want. There is ample parking with space for at least four cars, an important feature in the city. Each house also boasts a Thai kitchen and maid room in addition to all of the other areas you\u2019d expect.\n\n\nThe work of SC Asset in 2020 was second to none. The developer\u2019s historic pre-sales figures and revenue growth is a testament to that fact and ensured it was the Developer of the Year 2020 in Southeast Asia.\n\n"} {"url": "https://www.dotproperty.com.my/blog/the-hotspot-for-entrepreneurs", "title": "The hotspot for entrepreneurs", "body": "\n\n\n\nRight now, Malaysia is a hotspot for entrepreneurs. There are a lot of variables that come into play when starting up a new business. A question that often comes to mind is, \u201cHow am I going to fund my new business?\u201d\n\n\nThe Malaysian Business Angel Network (MBAN), currently has 134 registered angel investors with an estimated total combined income just shy of 30 Million USD. Recent pitch events held by MBAN suggest that the interest for angel investments is strong.\n\n\nRazif Abdul Aziz, Executive Director of MBAN stated that \u201cAngel investments are thriving, as the startup ecosystem is more vibrant than it was 10 years ago.\u201d\n\n\nStrong angel investing, coupled with the rise in \ncoworking trends across Asia\n, create the perfect formula for entrepreneurs to startup a business in Malaysia.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIf your business model allows, \nmoving your office\n\u00a0to the latest country hotspot for entrepreneurs may be the answer on how our new business is funded.\n\n"} {"url": "https://www.dotproperty.com.my/blog/the-serviced-apartment-boom", "title": "The serviced apartment boom", "body": "\n\n\n\nIn Asia a rising number of companies are sending employees on short-term secondments to fill skills gaps and save on relocation costs.\n\n\nFor the business travelers spending weeks, if not months, away from home it\u2019s presenting something of an accommodation rethink. Staying in hotels may work for a few nights but ultimately many prefer a different type of space to call home over longer periods of time \u2013 one which comes with comforts such as private outdoor space for hosting friends or an oven to cook their own dinner.\n\n\nThis is where serviced apartments come in. In Asia, they\u2019re increasingly the preferred housing option for the region\u2019s business travelers on short-term work assignments.\n\n\n\u201cServiced apartments fill the gap between leased residences and hotel rooms by offering flexibility, strategic locations, up-to-date modern conveniences and value-added services to tenants,\u201d said Tasos Kousloglou, who leads JLL\u2019s Hotels & Hospitality Group\u2019s asset management arm in Asia.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAsia\u2019s business travel boom\n\n\nThe business travel market in Asia is thriving. According to Global Business Travel Association (GBTA), Asia Pacific has the largest share of the business travel spend market followed by North America and Western Europe. GBTA expects that Asia Pacific will have gained another 5 percent market share by 2018, while the US and Western Europe will lose three percent and two percent, respectively.\n\n\nThis business travel boom, combined with the war for talent in the region and rapid economic growth is fuelling demand for serviced apartments across the region.\n\n\nAccording to PWC\u2019s Talent mobility 2020 and beyond, the need for companies to shore up skills in key disciplines, regions and projects is creating a sea change in short-term international assignments. In contrast, the number of relocations that last three to five years and are followed by a return to headquarters are falling.\n\n\nHome-style living\n\n\nFor the modern business executive, being away from home doesn\u2019t mean completely changing their lifestyle. Modern conveniences such as high-speed internet connections, iPod docking stations, up-to-date kitchen appliances and state-of-the-art home entertainment systems at serviced residences help business executives with work-life balance while they are out on short-term assignments, according to Kousloglou.\n\n\nRising demand has led hotels to install kitchens and convert hotel rooms into serviced apartments.\n\n\n\u201cMany hotels are now hybrid properties as travellers on work assignments are increasingly looking more for home-style living while overseas,\u201d he added.\n\n\nIndeed, an audience at the Hotel Investment Conference Asia Pacific, held in Singapore, in March was told that time-deficient professionals on short-term work trips to the region prefer a quick bowl of cereal for breakfast to the lavish buffet style breakfast provided by hotels. One request from embassy staff from the U.S. on short-term assignments in Beijing over the December period was for a serviced apartment with a fully-equipped kitchen.\n\n\nAcross China, serviced apartments are booming as staff on short-term work contracts make the most of home living without the need to spend time or money kitting out their new abode. Serviced apartments also tend to be located in key business districts, which helps to cut commuting time to work.\n\n\nFlexibility is another key reason why serviced apartments are so popular, said Kousloglou.\n\n\n\u201cA noticeable trend is that the average length of stay is shortening and increasingly one-bedroom apartments are becoming very popular as business travellers are predominantly single travelers,\u201d he says.\n\n\n\u201cChanging social-economic trends such as the increase in the number of dual-income families where both spouses work are contributing factors to more travellers embarking on work trips without their family.\u201d\n\n\nAirbnb: A friend or competitor?\n\n\nWhile some serviced apartment operators regard Airbnb as a competitor, others are increasingly looking to Airbnb to drive bookings. BridgeStreet Global Hospitality Group, for instance, plan to make its serviced apartments available through Airbnb\u2019s recently launched corporate travel portal, Airbnb for Business.\n\n\nSingapore\u2019s Ascott, CapitaLand\u2019s serviced residence business unit, wants to have 2,000 units under its new Tujia Somerset brand of serviced residences in China by the end of the year. Tujia Somerset is the product of Ascott\u2019s joint venture company with Tujia.com, China\u2019s largest online apartment sharing platform equivalent to Airbnb.\n\n\n\u201cBranded operators are tapping the Airbnb platforms to widen their distribution network,\u201d said Kousloglou.\n\n\nWith the rising popularity of serviced apartments, hotel operators are increasingly looking to include serviced apartments as part of their offerings. Others are expecting increased demand for one-bedroom and studio apartments as a slowdown in the global economic leads more companies to cut back on longer-term assignments and relocations.\n\n\n\u201cThe serviced apartment industry in Asia looks set to grow in the coming months as the region continues to drive global growth, leading to more overseas assignments and work projects,\u201d added Kousloglou.\n\n\nIt\u2019s also providing a good opportunity for investors.\n\n\n\u201cThe serviced apartment asset class with its high profit margins, stable cash flows, high space efficiency, conversion flexibility and lower development cost provide investors more\u00a0flexibility in their hospitality real estate investments,\u201d Kousloglou concluded.\n\n\nThis column was written by JLL\u2019s Beelin Ang and first appeared to the \nJLLrealview.com\n website. It is reproduced with kind permission.\n\n"} {"url": "https://www.dotproperty.com.my/blog/the-varying-attitudes-towards-airbnb", "title": "The varying attitudes towards Airbnb", "body": "\n\n\n\nSentiment of Airbnb varies across Malaysia with some hosts being restricted.\u00a0\n\n\nFounded in 2008, Airbnb is now a household name. An online marketplace with a global reach where owners, known as hosts, can rent out their properties for any length of time.\u00a0The host is responsible for marketing their property. They add comprehensive details about their listing that includes a description, photographs, location and house rules. The terms of the letting are transparent. For example whether pets or smoking are permitted and the length of stay. Amenities such as Internet, doormen and safety features are also highlighted.\n\n\nEvery host and user has a profile. Each can review each other which aids in users assessing the suitability of prospective bookings. Booking is made easy and is all done online.\n\n\nAirbnb has created a whole new industry. It has allowed people to rent out their homes privately to generate an income. It is predicted that there are 100 million users and 640,000 hosts.\u00a0With an estimated 2.3 million listings worldwide there are 500,000 stays occurring every night. Listings are across 65,000 cities in 191 countries. The most active city is Paris where stays average 2.9 days longer than stays in a hotel. This longer duration boasts the local economy and figures from Airbnb reveal that the company generated USD 240 million in economic activity in Paris alone.\n\n\nWhat the law says\n\n\nThe rules for short term rentals vary across Malaysia. For example there are no requirements for hosts to hold a license in Kuala Lumpur to let their property out. This is provided that the property is being used solely for residential purposes. However, each building may have their own individual rules that restrict lettings of a certain period of time in order not to disrupt other residents of the buildings. These rules must be adhered to.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThere is a different story however on \nPenang\n. The Town and Country Planning Act of 1976 plus the Trades, Businesses and Industries By-Laws of 1991 by Municipal Council of Penang Island are two laws which hosts are in breach of should they let their properties for a short term. Any property that is let on a short term is considered a hotel, serviced residences or lodging house. As such they require approval from the local planning department in order to use the property in this way. Anyone not seeking this prior approval could receive summonses according to the Environmental Health and Licensing Department.\n\n\nNevertheless the power of Airbnb is recognised within Malaysia. The federal government have little interest in regulating this sector of property leasing. This is according to the Urban Wellbeing, Housing and Local Government Ministry. However as laws can change quickly it is advised that anyone wishing to let out their property for a short term keeps an eye on any new proposals on a local and country level.\n\n"} {"url": "https://www.dotproperty.com.my/blog/theres-still-time-enter-dot-property-awards-2021-a", "title": "There\u2019s still time to enter the Dot Property Awards 2021", "body": "\n\nWinners pose for a photo at the Dot Property Southeast Asia Awards 2020. Will you join them in 2021?\n\n\nIt\u2019s not too late to enter the Dot Property Awards 2021. This is the chance to see how you measure against the real estate industry\u2019s best and brightest. More than 400 Dot Property Awards have been presented to the region\u2019s leading developers, projects and real estate agencies since the program was launched in 2016.\n\n\nThe Dot Property Awards 2021 are free to enter and it takes roughly 5-10 minutes to complete the entire process. You can get started by visiting the \nDot Property Awards entry form\n page.\n\n\nThis year\u2019s series returns with events currently scheduled for Vietnam, Thailand and the Philippines in addition to the Dot Property Southeast Asia Awards 2021 which are set to be held in Bangkok at the end of the year.\n\n\nRelated:\n \nHere\u2019s how you can enter the Dot Property Awards 2021\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBuild trust, gain recognition and be the best\n\n\nThere are countless benefits to winning a Dot Property Award. For starters, being named as a winner validates your work to the public and builds trust. Secondly, winning recognizes the hard work and dedication of your team. If you have ever attended a Dot Property Awards presentation ceremony, you have a firsthand understanding of just how happy winning makes employees. It\u2019s an accomplishment everyone can celebrate.\n\n\nFinally, there is something to be said for knowing you\u2019re the best. It can be a source of pride and satisfaction. Winning can also provide inspiration to carry on your outstanding work and strive for greatness.\n\n\nDon\u2019t miss your chance to enter\n\n\nTime is running out to enter the Dot Property Awards 2021. If you want to be considered, it\u2019s important you enter today.\n\n\nThis year\u2019s program gets underway in July with the Dot Property Vietnam Awards 2021. In August, it\u2019s the return of the \nDot Property Thailand Awards which will be hosted at the Park Hyatt Bangkok\n. More information on the Dot Property Philippines Awards 2021 and the Dot Property Southeast Asia Awards 2021 will be revealed later in the year.\n\n\nEnter the Dot Property Awards 2021 today!\n\n"} {"url": "https://www.dotproperty.com.my/blog/thirst-for-affordable-housing", "title": "Thirst for affordable housing", "body": "\n\n\n\nMalaysia\u2019s demand for affordable housing is a complex issue.\u00a0\n\n\nA deficit in affordable housing is a common theme worldwide. As property prices have increased in value, investing in housing has become an \nattractive investment asset\n. Property has become not just somewhere to live, but a financial safety net too. However with this, many developers are lured by the profits generated from mid to luxury projects. This leaves the affordable segment far behind. This is despite there being strong demand for this sector.\n\n\nIt was reported in 2013 that there was a forty percent deficit in supply of affordable housing. This has been spurred on by rising property prices that make housing out of reach for some. The result is a big disparity when comparing the average income by the average house prices in Malaysia.\n\n\nResearch conducted by the Real Estate Housing Developers\u2019 Association Malaysia revealed that people are prepared to spend MYR 300,000 to MYR 750,000 for a property. But although the demand for affordable housing is there, developers are shying away from this sector.\n\n\nWhy? Well profitability is the underlying reason. It costs to build. It does not make financial sense for developers to focus on the lower end of the market. This is emphasised by increasing land prices. The government need to incentivise developers in order to address the shortfall. In the UK developers must build a certain quota of affordable housing in any new project. Thus helping those seeking low cost housing whilst still allowing the developer to continue to profit from building mid and luxury schemes.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCould shell homes be the answer?\n\n\nFor Malaysia the lack of desire to fill the affordable housing hole is supplemented by the Goods and Services Tax. Levied at 10 percent this ups costs. Managing director Sarkunan Subramaniam at real estate firm Knight Frank has suggested the introduction of \u2018shell homes\u2019 to Malaysia could help resolve the problem. Simply defined as homes that are a shell. Not completed with rooms but with the fitting of basic plumbing and wiring. The law does not currently permit these but\u00a0Sarkunan believes that this will help to kick start the affordable housing sector due to their lower price tags. He goes on to comment that many purchasers change their properties so this way people will be able to build what they want from the outset.\n\n\nRegardless of these suggestions, for any change to happen the government need to back ideas like this. The problems are rooted deeper than just rising costs. Policies need to be put it place to help boast this sector. Taxes need to be addressed across the board in particular for those on materials. That way affordable housing will have a chance to succeed.\n\n"} {"url": "https://www.dotproperty.com.my/blog/tips-buying-investment-condo-makati", "title": "Tips for buying an investment condo in Makati", "body": "\n\nMixed-use spaces are important for an investment condo in Makati\n\n\nEarlier this year, Metro Manila was rated as having the hottest luxury property market in the world by Knight Frank. Luxury home prices rose by 11 percent in 2018 due to a number of factors including strong overseas demand and a fast growing local economy.\n\n\nIn particular, investors have been drawn to the capital in search of strong rental yields. Local experts note that rental returns between six and nine percent are achievable depending on the location and property type with luxury units bringing in higher rents.\n\n\nIn terms of location, Makati continues to stand out. The city remains the country\u2019s business hub and is home to leading corporations along with startups and entrepreneurs that are tapping into the growing number of innovation centers and co-working facilities. It\u2019s estimated that Makati is home to more than 62,000 business enterprises and 1,159 BPO companies and the employees working here have to live somewhere.\n\n\nWith a large, multicultural workforce of locals and expats, it makes sense that more people want an investment condo in Makati. Strong demand from renters and a built-in base makes the city a safer investment destination than other parts of Metro Manila. But before you rush in, here are a few tips to help guide your decision to purchase an investment condo in Makati.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n3 tips for buying an investment condo in Makati\n\n\n1) Pick a good location\n\n\nMakati itself is a big place and the closer a project is to the central business district, the more desirable it is. Ayala Avenue, known as the Wall Street of the Philippines, is the center of the country\u2019s financial activity. Unsurprisingly, it is also where many people work.\n\n\nThis is important for anyone considering an investment condo in Makati to take into account. People living in the city want to be as close as possible to their workplace, as well as the South Luzon Expressway (SLEX), in order to avoid the notorious Metro Manila traffic jams.\n\n\nThat is why Sen. Gil Puyat Ave is a key address in Makati. It offers easy accessibility to most places in Makati including the SLEX and the soon to be completed Skyway 3 project. Potential renters appreciate the convenience living here provides when compared to other Makati neighborhoods.\n\n\n2) Act fast\n\n\nIf you want a luxury investment condo in Makati, you will need to act fast. Jan Paul Custodio, Senior Director for Research and Consultancy at Santos Knight Frank, found demand for properties comes from expats and local high net worth individual, two groups that aren\u2019t afraid to move quickly to secure their investment condo in Makati.\n\n\nThat is due to a lack of supply which has caused transaction volumes to decline, but led to an increase in home prices, especially in the luxury sector.\n\n\n\u201cThe (home) price increase was largest in Makati, where less than one percent of floated inventory remains unsold,\u201d Custodio told the Manila Standard. He added that both pre- and post-selling units are being absorbed quickly, leaving buyers less time to act.\n\n\n3) Find the right product and developer\n\n\n100 West\n\n\nFilinvest, through its \nAspire by Filinvest\n brand, has experience in developing condominiums that appeal to end-users. Additionally, the homebuilder has a wealth of experience in working with investors. The unique combination of knowledge is something many firms cannot provide.\n\n\nOne of Aspire by Filinvest\u2019s most exciting developments is 100 West. This upscale investment condo in Makati is actually much more than a place to live. It is a residential complex that has been carefully tailored to the lifestyles of the city\u2019s busy professionals.\n\n\nFor starters, 100 West features Scandinavian-inspired residential units that offer a unique style not found elsewhere. In terms of amenities, Aspire by Filinvest has spared no expense by including cutting-edge features such as a meditation garden, yoga studio and multiple deck areas providing refreshing city views.\n\n\nConvenience at 100 West is taken to the next level with the incorporation of mixed-use space. The development features prime BPO offices, a commercial podium and retail shops designed to make life easier for residents.\n\n\nAll of this ensures renters will want to live here when 100 West is completed. When you factor in the location along Sen. Gil Puyat Ave and the possible achievable rental yields, 100 West is an investment condo in Makati you should consider adding to your portfolio.\n\n"} {"url": "https://www.dotproperty.com.my/blog/tips-for-investment-success", "title": "Tips for investment success", "body": "\n\n\n\nYou may think it\u2019s a simple task to identify property investment opportunities. Here, an expert at British lettings agency Belvoir reveal seven signs of a good potential property investment that apply the world over.\n\n\nLocation lowdown\n\n\n\u201cOne of the key things to think about when investigating investment opportunities is location,\u201d said co-owner of Belvoir Liverpool Central and Belvoir Liverpool West Derby Adam Rastall.\n\n\n\u201cIf the area is desirable then it makes it a lot easier to let properties, plus re-sell them when the time is right for you to exit the investment.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cIt is advisable to look at opportunities that are within walking distance to amenities such as shops and restaurants with good local schools nearby and easy access to rail and road network links.\u201d\n\n\nMarket matters\n\n\n\u201cAlways assess the local rental market before you commit to a property,\u201d advised Rastall.\n\n\n\u201cIs there sufficient tenant demand for the type of property you are looking at? Or is the market already over-saturated with similar properties that are struggling to let?\n\n\n\u201cNowadays, information is readily available online where you can discover how much properties in certain districts have historically been sold and let for. I would recommend confirming your findings with a local real estate agent who will be aware of what\u2019s going on in the local market.\u201d\n\n\nParking premium\n\n\n\u201cIs there parking at the property or available nearby?\u201d asked Rastall.\n\n\n\u201cMost tenants will have at least one car and will want to know that there is a parking solution in place, and this is particularly pertinent in city centre properties.\n\n\n\u201cIn fact, the ability to park can often add significantly to your rental price and makes a property easier to rent or sell in the future.\u201d\n\n\nGreat outdoors\n\n\n\u201cOffering outdoor space, whether it\u2019s a garden, courtyard or even a balcony, can make a property more attractive to tenants and make a real difference in terms of rental return,\u201d said Rastall.\n\n\n\u201cIf possible this should be south-facing in order to maximise sunlight.\n\n\n\u201cTake into account your target market and consider opportunities that provide the appropriate outside space for them. For example, if you are appealing to families with young children a garden is usually advisable.\n\n\n\u201cThink about maintenance moving forward too. Low maintenance outdoor spaces are usually the most desirable (for you and the tenant!).\u201d\n\n\nReady to rent\n\n\n\u201cIf the property is \u2018move-in ready\u2019 then you\u2019ll potentially be purchasing an instant income stream,\u201d said Rastall.\n\n\n\u201cIf extensive renovation is needed there will obviously be a cost involved plus a delay in receiving a return on your investment.\n\n\n\u201cAlso consider properties which are currently being let and have a tenant already in situ,\u201d he added.\n\n\n\u201cAt Belvoir Liverpool Central and Belvoir Liverpool West Derby we\u2019ve sold a lot of properties recently that are already occupied by tenants.\n\n\n\u201cThe benefit here is that you will know exactly what you are going to achieve in terms of rental return, plus as soon as the property purchase is complete you will receive rent. You will also know the history of the tenant, including how long they have been at the property, which will often enable you to find a good tenant with long-term potential.\u201d\n\n\nConcierge consideration\n\n\n\u201cIf you are thinking of investing in a city centre apartment consider the efficiency of the Concierge service,\u201d he said.\n\n\n\u201cIn fact, the ability of the Concierge can often make or break a development. A good Concierge can really help rent or sell a property and they will usually be happy to chat to prospective tenants or buyers about the development and what it has to offer.\n\n\n\u201cThey will also oversee the building and if anything is needed they will help out, plus try to resolve any issues that arise.\u201d\n\n\nAsk an agent\n\n\n\u201cIf you are looking for an investment opportunity, either to start a property portfolio or add to an existing one, always ask your local agent\u2019s advice,\u201d concluded Rastall.\n\n\n\u201cA good agent will be aware of what is happening in the local market including any planned new developments, plus they will be able to advise on expected rental returns for specific properties and likely tenant demand.\n\n\n\u201cAgents will direct and guide you so that when opportunity does knock you don\u2019t miss it.\u201d\n\n\n\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/tips-help-get-security-deposit-back-moving", "title": "Tips to help get your security deposit back when moving out", "body": "\n\nMoving is hard. Getting your security deposit back can be even harder \n\n\nThere is no guarantee that you will get your security deposit back when moving out. You could follow all of our tips and still run into issues. If you have a good landlord, chances are this won\u2019t be much of a challenge.\n\n\nOn the other hand, if you have butted heads with your landlord previously, then expect getting your security deposit back when moving out to be a pain. What makes this truly annoying is that there are regulations to prevent this sort of thing from happening.\n\n\nHowever, enforcement is spotty and can cost you more in time and money than the security deposit itself. With that in mind, we can\u2019t promise these will work. But here are a few tips to get your security deposit back when moving out.\n\n\nRelated:\n \nSimple tricks to make your condo seem bigger\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTips to help get your security deposit back when moving out\n\n\nNotify the landlord of issues before moving out\n\n\nWhile most security deposit agreements cover normal wear and tear, what exactly that entails varies quite a bit between landlords and tenants. In order to avoid complications, it\u2019s best to flag issues when they happen or at least before the final inspection takes place. Something like a loose door hinge or nicked countertop may not be a big deal to you, but your landlord could disagree. The sooner you get these disputes resolved. The faster your money will be returned.\n\n\nKeep your deposit receipt\n\n\nFirstly, you should always get a receipt when you hand over your security deposit. Landlords are required to provide this by law. When you receive it, be sure to keep it in a safe place where you won\u2019t forget. Some residential proprietors may try to dispute the sum of what you put down or create other issues when it comes time to move out. Having documentation is the easiest way to avoid that.\n\n\nKnow your charges\n\n\nSome lease contracts have built in agreements that state you must pay for certain cleaning services upon moving with this coming out of your deposit. These can\u2019t be avoided if you signed the contract. However, a landlord may try to tack on this cost prior to returning your security deposit. If you did not agree to this fee beforehand, it can\u2019t be withheld.\n\n"} {"url": "https://www.dotproperty.com.my/blog/tips-on-renting-to-pet-owners", "title": "Tips on renting to pet owners", "body": "\n\n\n\nDon\u2019t be put off renting your property to a pet owner with this helpful guide.\u00a0\n\n\nThere are more and more people with a pet that they share with their home. This could mean that you have a pet owner wishing to rent your property. But before you agree, make sure you carry out your due diligence for a straightforward letting.\n\n\n1. Are pets permitted?\n\n\nBefore you even embark on considering whether to let your property to a pet owner you will need to check if pets are even allowed within the building. Check with the building\u2019s regulations and also your own insurance as this may quickly answer your question.\n\n\n2. What is the pet?\n\n\nA husky dog is going to cause more wear and tear than a hamster. Find out what the pet is and how many there are. A small domestic dog that is taken out for walks regularly throughout the day is unlikely to cause any problems.\n\n\n3. Are you able to obtain\u00a0a reference from a previous landlord?\n\n\nOne way to ascertain how the tenant behaves in a property is to get a previous reference. If you are able to collect one then check if the pet disturbed the neighbours, damaged the property or caused any other issues during the tenancy.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4. Is your property furnished or unfurnished?\n\n\nShould your property be furnished then remember that animal odour can hang around. So ensure that the tenant is aware that they will be responsible for the professional cleaning of all soft furnishings in the property, such as the sofa, curtains, rugs etc. at the end of the tenancy. On the other hand renting a property to a pet owner of an unfurnished property is naturally going to cause disruption.\n\n\n5. Request a bigger deposit.\n\n\nAsk the tenants for a bigger deposit to cover the risk associated to letting to a pet owner. This can only be used should there be any damage above fair wear and tear. So make sure this is clear in the contract that and any cost relating to damage caused by the pet can be deducted from the deposit. Also it is advised to make it clear that it is the tenant\u2019s responsibility to get the property professionally cleaned at the termination of the tenancy.\n\n\n6. An up-to-date inventory.\n\n\nThe inventory will be used to detail the condition of the property at the start of the tenancy. Therefore it is important to make sure that one is conducted before the tenant moves in and that you have in writing that the tenant agrees with it\u2019s contents. That way you have every base covered and proof of the property before the pet moved in.\n\n"} {"url": "https://www.dotproperty.com.my/blog/top-developers-lead-outstanding-group-winners-dot-property-thailand-awards-2019-final", "title": "Top developers lead the outstanding group of winners at the Dot Property Thailand Awards 2019", "body": "\n\nBEATNIQ from SC Asset won the People's Choice Award for \"Project of the Year\". From left to right: James Claassen, Dot Property Commercial Director; Chalermchai Wongsoonthorn, SC Asset Head of Project Management High Rise; Krittiya Chalermpong, SC Asset Head of Marketing High Rise; Matthew Campbell, Dot Property CEO; Adam Sutcliffe, Dot Property Director Events and International Markets \n\n\nThe inaugural Dot Property Winning Weekend was the perfect setting for the 3\nrd\u00a0\nannual Dot Property Thailand Awards as the real estate\u2019s best turned out to celebrate the industry during a special event at EmQuartier. The top honour, Best Developer Thailand, went to Sansiri while the very first People\u2019s Choice Award for \u201cProject of the Year\u201d was won by BEATNIQ from SC Asset.\n\n\nA total of 15 projects were eligible with the stylish BEATNIQ garnering the most votes from the public. In addition to winning People\u2019s Choice Award for \u201cProject of the Year\u201d, BEATNIQ also took home Best Luxury Condominium Bangkok on what was a very good night for SC Asset.\n\n\nMeanwhile, Sansiri\u2019s outstanding portfolio of work throughout Thailand was recognised with the award for Best Developer Thailand, the most prestigious honour at the Dot Property Thailand Awards 2019.\n\n\nSansiri collects the award for Best Developer Thailand. From left to right: James Claassen, Dot Property Commercial Director; Apichart Chutrakul, Sansiri Chief Executive Officer; Matthew Campbell, Dot Property CEO; Adam Sutcliffe, Dot Property Director Events and International Markets\n\n\n\u201cIt is a great honour for us to be recognised as Best Developer Thailand at the Dot Property Thailand Awards 2019. To win the award is truly rewarding for our company and once again highlights the hard work of everyone at Sansiri. People from both Thailand and abroad put their trust in us and we will continue to provide the best for all our clients in terms of design, quality, service and experience,\u201d Apichart Chutrakul \u2013 Chief Executive Officer, Sansiri Public Company Limited.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSisaran Group took home two awards in the developer categories, Best Developer Eastern Seaboard and Best Developer (CSR) Eastern Seaboard, for its work in Bang Saray. In Phuket, Utopia Corporation was presented with the top developer award for the island.\n\n\nFull list of Dot Property Thailand Awards 2019 developer winners:\n\n\nBest Developer Thailand \u2013 Sansiri Public Company Limited\n\n\nBest Developer Phuket \u2013 Utopia Corporation\n\n\nBest Developer Eastern Seaboard \u2013 Blue Sky Group\n\n\nBest Developer (CSR) Eastern Seaboard \u2013 Sisaran Group\n\n\nBest Boutique Developer Eastern Seaboard \u2013 Sisaran Group\n\n\nTurning to the country\u2019s top projects, it was a good year for luxury. In Phuket, the impressive Botanica Luxury Villas won Best Luxury Villa Development Phuket while the thoughtfully-designed Pirom at Vineyard was presented with Best Luxury Villa Development Khao Yai.\n\n\nWyndham Garden Irin Bangsaray Pattaya from Irin Property was honoured twice at the Dot Property Thailand Awards 2019. The project won Best Condotel Eastern Seaboard along with Best Interior Design Eastern Seaboard.\n\n\nFull list of Dot Property Thailand Awards 2019 project winners:\n\n\nBest Luxury Condominium Bangkok \u2013 BEATNIQ from SC Asset\n\n\nBest Condominium Eastern Seaboard \u2013 Grand Solaire from S.L.R. Development\n\n\nBest Luxury Villa Development Phuket \u2013 Botanica Luxury Villas from Botanica Luxury Phuket\n\n\nBest Luxury Villa Development Khao Yai \u2013 Pirom at Vineyard from Piya International\n\n\nBest Condotel Eastern Seaboard \u2013 Wyndham Garden Irin Bangsaray Pattaya from Irin Property\n\n\nBest Investment Project Phuket \u2013 Oceana Beachfront Hotel from Ocean Group Asia\n\n\nBest New Launch Koh Samui \u2013 Anava Samui from Zhongfa International Resort(Thailand)\n\n\nBest Condo (New Launch) Eastern Seaboard \u2013 The Luciano Pattaya from WP Developer\n\n\nNew for the Dot Property Thailand Awards 2019 was the Box Brownie Special Recognition Award for Online Marketing was awarded. Plus Property was presented with the very special honour judged by the team from Box Brownie\n\n\nIn the design and innovation categories, Best Condominium Interior Design Bangkok was awarded to Chalermnit Art De Maison from Areeya Property while a trio of Phuket developments also took home honours for their efforts.\n\n\nFull list of Dot Property Thailand Awards 2019 design and innovation winners:\n\n\nBox Brownie Special Recognition Award for Online Marketing \u2013 Plus Property\n\n\nBest Condominium Interior Design Bangkok \u2013 Chalermnit Art De Maison from Areeya Property\n\n\nBest Architectural Villa Design Phuket \u2013 Lapista Luxury Villas Designed by Oracle Architects\n\n\nBest Housing Interior Design Phuket \u2013 Lotus Villas from Sawan Holdings\n\n\nBest Condominium Smart & Green Design \u2013 The Sky Sukhumvit from Property Perfect\n\n\nBest Interior Design Eastern Seaboard \u2013 Wyndham Garden Irin Bangsaray Pattaya from Irin Property\n\n\nBest Landscape Architectural Design Phuket \u2013 Platinum Bay from New World ADM Platinum(Thailand)\n\n\nBest Innovative Investment Product \u2013 New Nordic Group\n\n\nThe Dot Property Thailand Awards 2019 also saw the return of Thailand\u2019s Best Real Estate Agencies. A total of eight agencies were bestowed with this honour in 2019.\n\n\nThe team from Plus Property celebrates after winning twice at the Dot Property Thailand Awards 2019\n\n\nFull list of Thailand\u2019s Best Real Estate Agencies 2019\n\n\nPlus Property\n\n\nAsia Central Property\n\n\nSt. James Properties\n\n\nPattaya Foreigner Service\n\n\nBridge Estate\n\n\nSala Estate (Thailand)\n\n\nPattaya Property Base\n\n\nSupreme Real Estate\n\n\n\u201cThe Dot Property Thailand Awards is a proper celebration of real estate in the Kingdom. Both the presentation ceremony and exclusive Winners Party were a hit with everyone. The event is an inclusive showcase that connects the individual elements of the real estate industry,\u201d Adam Sutcliffe, Dot Property Director, Events and International Markets, states. \u201cWe would like to congratulate this year\u2019s record-setting class of 28 winners whose hard work and commitment to excellence did not go unnoticed.\u201d\n\n\nThe Dot Property Thailand Awards 2019 would like to thank Leading Real Estate Companies of the World\u00ae and BoxBrownie.com for their support of this year\u2019s event.\n\n\nNow in its third year, the Dot Property Thailand Awards celebrates the best in local real estate by honouring the country\u2019s best developers, projects and companies that contribute to the sector. It is part of the Dot Property Awards series that also includes events in Vietnam and the Philippines.\n\n\nFor more information on the Dot Property Thailand Awards 2019, please visit www.thailand-property.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/top-tips-for-buyers-sellers", "title": "Top tips for buyers & sellers", "body": "\n\n\n\nAmerican real estate website \nrealtor.com\u00a0\nhas published its \nTop Tips for Home Buyers and Sellers\n for this year.\u00a0These tips will guide everyone from house-hunting virgins to flipping fanatics through the market specifics for the next year, cutting through the clutter of real estate advice to highlight what is most important for buying or selling a home in 2016.\n\n\nJonathan Smoke, Chief Economist for \nrealtor.com\n, said: \u201cThe 2016 housing market is forecast to be mainly a seller\u2019s market, filled with increasing home prices, relatively low inventory and fierce competition between buyers.\n\n\n\u201cBuyers looking to close this year need to keep an open mind and be prepared to move quickly when they find a home that meets their needs. For sellers, it\u2019s about understanding the ins and outs of their local market so they can optimise the price of their home and close quickly.\u201d\n\n\nThe top tips for 2016 home buyers include:\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBe the early bird.\n More than 85 percent of buyers who plan to purchase in the next year intend to buy in the first six months of 2016 according to the most recent \nrealtor.com\n survey. It is likely to be a similar proportion in most parts of the world, as the intention to buy remains high. With roughly 50 percent more listings inventory relative to the number of potential home sales expected in January and February, buyers who start their search early face less competition with nearly the same number of homes.\n\n\nComparison shop for mortgages.\n Mortgage rates are expected to rise this year. Buyers planning to finance their purchase should put as much effort into getting the right mortgage as they do finding the right home. A lower interest rate can make the difference in qualifying for a home and save thousands over the life of the loan.\n\n\nConsider a new home.\n In 2016 the number of new homes on the market is expected continue to grow in Southeast Asia. Buyers should consider the new home options in their market; they are likely to enjoy a broad selection of homes. While new homes are typically higher in price, they are usually smaller in size but offer performance advantages and warranties that could reduce operating and maintenance costs.\n\n\nThe top tips for 2016 home sellers include:\n\n\nList during peak season.\n Unlike buyers, demand benefits sellers. Prime home buying season varies from country to country, and even from city to city, so get advice from a trusted and knowledgeable real estate agent. Sellers who list their home during the prime months benefit from a larger population of buyers and potential bidding wars, which often result in higher prices and faster closings.\n\n\nPrice a home to the market.\n In 2016 prices are expected to increase. Work with a real estate agent with knowledge of your market to optimise the price of your home based on its unique features and surrounding neighbourhood. These agents are often able to receive the highest price for their market and sell more quickly.\n\n\nOffer incentives.\n Last year actually saw a significant number of all sellers offer incentives to attract buyers. Sellers who are open to negotiating beyond price are more likely to find scenarios that result in wins for both sides resulting in a potentially faster sale and more seller profit.\n\n\nRealtor.com\n is the official website of the National Association of Realtors.\n\n"} {"url": "https://www.dotproperty.com.my/blog/top-tips-for-buying-off-plan", "title": "Top tips for buying off-plan", "body": "\n\n\n\nLeading British homebuilder Barratt Homes is encouraging home buyers looking to consider the benefits of buying off plan \u2013 something that is common in Southeast Asia but less so in other parts of the world.\n\n\nWith the British property market continually improving, house prices increasing annually by 9.7 percent across the U.K., and a range of Government initiatives encouraging people onto the housing ladder, buying off-plan is becoming an appealing option to many house hunters.\n\n\n\u201cBricks and mortar continue to prove a sound financial investment in today\u2019s economic climate\u201d, said Jan Ruston, Sales Director at Barratt Homes North Midlands.\n\n\n\u201cAlthough people may have concerns about the future of the housing market, the reality is that there has never been a better time to buy off-plan. By reserving early in the build process the value of your property may have increased by the time you move in, saving you money and making for a sound investment in the future.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTop five tips for purchasing off-plan:\n\n\n1. Get in early\n\n\nAs the saying goes, \u2018the early bird catches the worm\u2019 and this is certainly true with buying a brand new home. Not only are the best deals usually offered at early stages of the build, but purchasers will also be able to ensure that they secure their pick of the plots.\n\n\n2. Do your homework\n\n\nMake sure you study the drawings and plans carefully. Check the dimensions to make sure your existing furniture is appropriate. Regularly visit the site with the sales advisers as build work progresses to ensure nothing has been added or left off the plans.\n\n\n3. Make your house a home\n\n\nOne of the major advantages to buying off-plan is the ability to choose some of your own fixtures, fittings and finishes before you move in. These could include aspects such as kitchen units, flooring and fitted wardrobes, giving you the chance to really personalise your home. What\u2019s more, it will all be professionally fitted before you move in.\n\n\n4. Bide your time\n\n\nWhoever said you can\u2019t buy time? Once you\u2019ve bought off plan and paid the reservation fee, use your time wisely to ensure everything is in place for your move; arrange your mortgage, book the removal van and inform people of your new address to save you a job once you\u2019ve moved in.\n\n\n5. Think ahead\n\n\nTry to imagine what the area will be like when it\u2019s finished. Will there be any more phases to the development or are there any new amenities planned in the local vicinity? Continued investment is a good indication that an area is on the up and that your property is therefore likely to experience capital growth.\n\n\nJan continued: \u201cWe understand that buying off-plan is to some extent a leap of faith, and many purchasers may find it hard to envisage what the home will be like once completed.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/top-tips-for-first-time-buyers", "title": "Top tips for first time buyers", "body": "\n\n\n\nEasy steps to become\u00a0a first time buyer. \u00a0\n\n\nIt can be daunting making the first move onto the property ladder. Becoming a \nproperty owner\n is a step in the right direction to secure your financial future and it pays be do your homework to make sure the investment stacks up. If you have decided that \nnow is the right time\n\u00a0to become a property owner, then follow our guide to make sure that this is one New Year\u2019s resolution that is not broken.\n\n\n1. Save for a deposit.\n\n\nA hefty deposit will make you more attractive to lenders and is likely to give you a better mortgage deal. As a first time buyer it is important to have a decent sized deposit as this lower your monthly mortgage amount too. Survey the market to see what lenders will offer you but aiming for a 20 percent deposit is a good milestone. Remember if you are looking for a property that requires work then you will need an extra pot of cash to do any urgent works once the sale has gone through.\n\n\n2. Set up a spreadsheet.\n\n\nYou don\u2019t need to be an accountant to get number crunching. Forecasting any costs that you may incur once you have purchased a property will give the opportunity to review how much you can afford to have as outgoings each month. Set yourself a contingency fund will give you some breathing space should any unplanned costs arise such as home improvements caused by a leak or bad weather.\n\n\nNote: many first time buyers opt for a fixed rate mortgage so that they know exactly where they stand each month, rather than a variable rate that alters as interest rates change.\n\n\n3. Longevity.\n\n\nThe ideal property is one that grows with you. Therefore many first time buyers push them self as much as they can for their first purchase. However, for some first time buyers this is not possible. If this is the case it is advisable to seek the ideal starter home. A property that requires minimal expenditure to run to enable you to save any extra disposable income for your move to your next property as you climb up the ladder.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4. Seek expert advice.\n\n\nIt is important to think with a level head and not get swept up in the moment. The best way to do this is to speak with experts in the field including estate agents and mortgage brokers. By gathering information you will be in a good position to make an informed decision on your investment, and they will also be able to advise you of how any changes in the market could affect you.\n\n"} {"url": "https://www.dotproperty.com.my/blog/top-tips-on-how-to-declutter", "title": "Top tips on how to declutter", "body": "\n\n\n\nClear out your home of any unused items by following these easy step-by-step guide.\u00a0\n\n\nA spring clean is good for the mind. It can be hard to keep your home in order due to the busy lives that we lead. But now is as good as time as any to declutter. It will make your home feel bigger, free up storage space, plus you will need make sure you property is presenting at its very best if you are planning to move as you want to show your property at in the very best light in order to take \nphotographs\n as well as for viewings.\n\n\n1. Give yourself enough time.\n\n\nThis is one job that should not be rushed. Give yourself time to go\u00a0through your home. Otherwise if you declutter in a hurry you are unlikely to throw out anything or even dispose of items that you do not need as you are working under pressure.\n\n\n2. Work periodically.\n\n\nStart in one room and then go through every drawer, wardrobe and cupboard before moving onto the next room. Once you have finished the whole house, start back at the beginning again browsing through everything to check to see if you have missed anything. It should be much easier to spot offending items when the number of your belongings are reduced.\n\n\n3. When did I last use it?\n\n\nIf you haven\u2019t worn a\u00a0pair of jeans in the last year, then they have to go. If you have a fancy kitchen appliance such a bread making machine but you have used it only once, add this to the donations pile. If you are unsure, add it to the \u2018maybe pile\u2019 and then at the end go through this one by one. Remember to be\u00a0realistic when deciding whether you will use it again and enlist the help of family and friends to help make the decision.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4. Dispose of anything broken.\n\n\nChipped glasses, stained clothes or even odd socks all need to go assuming that you cannot repair them. Similarly due to the digital age we live in we accrue vast numbers or cables for phones and other devices. Recycle or donate any that are no longer in use.\n\n\n5. Out of date.\n\n\nNot only food has sell by dates. Medicines and some toiletries do too. Take time to go through your kitchen and bathroom to declutter and dispose of anything that is no longer within date.\n\n\n6. Use up the dribs and drabs.\n\n\nIf you seem to have more than one, start with items that have the least amount left in them and use them up. This could be toothpaste, shower gel, rice or cleaning products. By starting with these you will quickly free up space in your cupboards.\n\n\n7. File.\n\n\nGo through\u00a0your pile of paperwork, throw out anything you no longer need and file the rest. Group receipts and manuals together so that you can easily find them should you need to.\n\n"} {"url": "https://www.dotproperty.com.my/blog/tourism-focused-real-estate-in-vietnam-set-bigger-better-things", "title": "After overcoming COVID-19, tourism-focused real estate in Vietnam set for bigger and better things", "body": "\n\nMs Bui Thi Thanh Huong is the Vice Chairwoman and CEO of Sun Group, Vietnam\u2019s leading tourism developer\n\n\nThis features on tourism-focused real estate in Vietnam appears in the latest issue of Dot Property Magazine.\u00a0\nClick here to read it\n.\n\n\nThe robust property market in Vietnam found itself brought to a standstill in the first half of 2020 because of COVID-19. This turned out to be a minor bump in the road, however. A strong government response to the pandemic meant the country\u2019s economy began to recover in a matter of months with tourism at the forefront.\n\n\n\u201cMany measures to stimulate domestic tourism were implemented and tourism rapidly flourished, proving to be the fastest booming and recovering industry with the epidemic under control,\u201d Ms Bui Thi Thanh Huong, Vice Chairwoman and CEO of Sun Group, reports. \u201cTherefore, the real estate market, especially the tourism real estate market, once again started to attract the interest of investors, especially in areas such as Phu Quoc, Quang Ninh and Sa Pa.\u201d\n\n\nResearch from the Vietnam Real Estate Brokerage Association found that the total supply of tourism real estate products reached nearly 74,000 units with an absorption rate of 43.4 percent in the third quarter, an increase of 2.9 times compared to the previous three months. Additionally, real estate prices also increased during this time. While tourism-focused real estate in other parts of Southeast Asia struggled, the segment in Vietnam was flourishing.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cAs a result of the pandemic, many people realized the value of having a second home that could be a safe place to \u2018shelter\u2019 when there is risk and epidemic. This explains why the real estate market on Phu Quoc, the island city which did not have any COVID-19 cases last year, attracted investors during that time,\u201d Ms Huong says.\n\n\nShe continues, \u201cthe Vietnamese real estate market by the end of 2020 had become more exciting thanks to the buzz surrounding the major announcement of Phu Quoc officially becoming the first \u2018island city\u2019 in Vietnam. The bright future of this island, the potential for sustainable value addition and the potential for business in tourism services all combine to make real estate in Phu Quoc very attractive.\u201d\n\n\nLooking ahead to 2021, many experts have predicted good things for tourism-focused real estate in Vietnam. The country has begun to import and administer the COVID-19 vaccine which means it is only a matter of time before international visitors can return. Other factors, such as land scarcity in Hanoi and Ho Chi Minh City, will also benefit the market moving forward.\n\n\n\u201cWe believe that the tourism real estate segment will continue to add many potential values for development through 2021 and subsequent years,\u201d Ms Huong states. \u201cBesides, land use in major markets, such as Hanoi and Ho Chi Minh City, is almost full, which is another reason for the rise of tourism potential in destinations such as Sa Pa, Quang Ninh and Phu Quoc. Real estate prices in 2021 are likely to continue to increase in localities with good growth potential.\u201d\n\n\nUnlocking the full potential of tourism in Vietnam\n\n\nDevelopments such as JW Marriott Phu Quoc Emerald Bay are making Phu Quoc a must visit tourist destination for both domestic and international travelers\n\n\nPrior to the COVID-19 pandemic, tourism in Vietnam was taking off. It was one of the 10 fastest growing tourism countries in the world, recording an average growth rate of 22 percent for three consecutive years. There were 18 million international visitors along with 85 million domestic tourists in 2019 with initial projections for 2020 surpassing those totals.\n\n\nOf course, we know that didn\u2019t happen. However, most officials insist it is only a matter of time before the country surpasses those figures. Even more interesting is the fact that growth during the past few years may have not fully revealed the true potential of the sector. Ms Huong believes the country\u2019s tourism industry is only starting to scratch the surface of what it\u2019s capable of.\n\n\n\u201cCompared with other countries in the region and around the world, Vietnam not only has advantages in natural resources but also in terms of its political and social stability. Moreover, in recent years, with the participation of major investors, including Sun Group, Vietnam\u2019s tourism infrastructure has seen major investment in large scale and high-class developments that have expanded opportunities for tourism,\u201d Ms Huong states. \u201cThe room for Vietnam\u2019s tourism development is still very large; many fields remain open, yet to be adequately explored.\u201d\n\n\nMs Huong readily admits that Vietnam needs to overcome several weaknesses in order to be competitive with other countries in Southeast Asia. Introducing visa exemptions; prioritizing marketing and branding for Vietnam tourism; ensuring sustainable tourism development and improving the quality of Vietnam\u2019s tourism infrastructure are just a few things the country needs to work on.\n\n\nA leader in tourism-focused real estate\n\n\nSun World Ba Na Hills won the People\u2019s Choice Award for Project of the Year at the Dot Property Southeast Asia Awards 2020\n\n\nSun Group was the first developer in Vietnam to recognize both the potential and need for tourism-focused real estate in Vietnam. Today, the developer is seen as the leader in the high-end tourism real estate segment having a portfolio of projects known and loved globally.\n\n\nAnd while 2020 was one of the developer\u2019s most challenging years on record, it still launched several projects that were in-demand from buyers.\n\n\n\u201cAs a pioneering investor for the high-end tourism real estate segment in Vietnam, we are always adhering to the philosophy of building high class and distinctive projects. Sun Group\u2019s real estate products have been welcomed and appreciated by investors over the years,\u201d Ms Huong reports. \u201cWe are very proud that real estate products launched to the market in 2020, a difficult year, still recorded a positive absorption, such as the Sun Grand City Feria project in Bai Chay (Ha Long \u2013 Quang Ninh), Sun Onsen Village Limited Edition in Quang Hanh (Cam Pha \u2013 Quang Ninh) or Sun Plaza Cau May project in Sa Pa.\u201d\n\n\nLast year also saw Sun Group\u2019s Sun World Ba Na Hills presented with several awards\n, including Asia\u2019s Leading Theme Park 2020 and World\u2019s Leading Cable Car Ride 2020, at the World Travel Awards.\n\n\n\u201cWe had a deep desire to elevate the name Vietnam in the eyes of the world with timeless works and projects. The fact that Sun World Ba Na Hills increasingly affirms its position on the regional tourist map and across the world has partly realized that aspiration,\u201d Ms Huong explains.\n\n\nIt wasn\u2019t just the industry celebrating Sun Group\u2019s accomplishments. Sun World Ba Na Hills won the People\u2019s Choice Award for Project of the Year Southeast Asia at the Dot Property Southeast Asia Awards 2020. Ms Huong notes that the honor was both a surprise and a source of immense pride for Sun Group.\n\n\n\u201cWe are delighted that the first entertainment product in the Sun World system of Sun Group has been recognized by many international organizations with various prestigious awards, including Dot Property Vietnam Awards 2020 and Dot Property Southeast Asia Awards 2020. This proves that the development orientation of Sun Group is on the right path,\u201d Ms Huong concludes.\n\n"} {"url": "https://www.dotproperty.com.my/blog/trump-in-power", "title": "Trump in power", "body": "\n\nUS election result\n\n\nThe results of the US election have concluded that Donald Trump will be the next president of America.\u00a0\n\n\nThe\u00a0votes of the American election have been counted and Donald Trump is the next president of the United States of America. Similar to Brexit, there were shock waves sent through the currency and equity markets within Asia as an air of uncertainty loomed.\n\n\nNicholas Holt, head of research at Knight Frank, Asia Pacific, has said, \u201cSimilar to the impact of Brexit, the result of the US presidential election is likely to cause further uncertainty in terms of the global economic recovery and is likely to lead to a rush towards safe haven assets. Along with gold and triple-A rated government bonds, prime real estate in key global city markets is likely to see an uptick in interest.\u201d\n\n\nThere was just a blip in the Asian markets as today Japan\u2019s Nikkei 225 index exceeded the losses made from the previous session increasing by 6 percent. Likewise the markets in both Hong Kong and Australia saw positive growth.\n\n\nThe US reputation is that of a powerhouse. Many countries aspire to their model but this may shift with Trump in power. China is expected to strengthen its position as their America fairy tale democratic system did not play out as expected, but ahead of that many Chinese commentators have argued that faith had already been damaged with the US thanks to both the Afghanistan and Iraq wars.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhilst Trump may not be considered to be a likely candidate for a seat in the White House, he has a strong background within the business world. With an impressive property portfolio, some across South East Asia are open to his position largely due to his business mind. The coming weeks and months will unravel his policies and really show how much influencing power America has on the rest of the world.\n\n"} {"url": "https://www.dotproperty.com.my/blog/two-villas-remain-khon-kaens-exciting-residential-estate", "title": "Only two villas remain in Khon Kaen\u2019s most exciting residential estate", "body": "\n\nYour chance to own a home in Khon Kaen\u2019s most exciting residential estate will soon be gone. Only two villas remain at 8Villas Riverside, a collection of international-quality pool villas located along the Chi River in Northeast Thailand.\n\n\n8Villas Riverside is close to the attractions and conveniences of Khon Kaen but surrounded by peace and quiet. This is ideal for those wanting to escape the hustle and bustle of the city while enjoying an authentic Thai experience. That being said, modern comforts, like Central Plaza and Big C, are just around the corner.\n\n\nIf you are looking for a home in Khon Kaen, it doesn\u2019t get any better than 8Villas Riverside. The luxurious development is unmatched in the region. 8Villas was the first developer in Isan to build pool villas and this project takes their vision to the next level.\n\n\nUnlike other developers who acquire a land plot and build a cookie cutter project that is focused on maximizing profit, 8Villas was inspired to create something special. 8Villas Riverside was designed to maximize both space and privacy. Liveability was an area of emphasis for the developer.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOnly two villas remain at 8Villas Riverside\n\n\nThat\u2019s because the team from 8Villas live in their developments and are invested in the quality and comfort that\u2019s provided. This is why they control the entire building process and hire contractors to carry out construction. Every last detail is looked after ensuring the best possible living experience.\n\n\nBut there is much more to 8Villas Riverside than simply being a nice collection of pool villas. The residential estate is home to a vibrant community boasting a family-friendly atmosphere. This is becoming increasingly difficult to find just about anywhere in the world these days.\n\n\nBoth community and security have been cultivated throughout the development. People can feel safe here and have their privacy respected. Additionally, the developer has gone out of its way to make sure everyone feels welcome by setting up communal areas and spaces where residents can get together.\n\n\nIt\u2019s easy to see why 8Villas Riverside has been in such strong demand since launching. The pool villas are a beautiful place to live where you can enjoy a great pace of life. Additionally, Khon Kaen is an up-and-coming destination with significant investment potential while still retaining the charm people love about Thailand.\n\n\nWith only two villas remaining in 8Villas Riverside, time is running out to secure your home in Khon Kaen\u2019s most exciting residential estate.\n\n\nRelated:\n\u00a0\nThailand real estate\u2019s next big thing: Learn how 8Villas is leading the way in Khon Kaen\n\n\nFor more information about 8Villas Riverside:\n\n\n8villas.co.th\n\n\nPhone:\n\n\n+66 95 658 3038 (English)\n\n\n+66616 694447 (Thai)\n\n\nLine:\n\u00a0brian8villas\n\n\nEmail:\n\u00a0\n[email\u00a0protected]\n\n"} {"url": "https://www.dotproperty.com.my/blog/types-of-tenant-pros-and-cons", "title": "Types of tenant: Pros and Cons", "body": "\n\n\n\nThe five most common types of tenants have been identified by British real estate firm Belvoir, and they have also suggested how to find the right one for your rental property.\n\n\nHave you identified your target tenant? Before investing in a rental property it\u2019s vital to know who you\u2019re appealing to, plus the potential pluses and possible pitfalls that each particular market may bring\u2026\n\n\nHome alone \u2026\n\n\nWith many of us leaving it later in life to co-habit or marry, an increasing number of renters are looking for single-person properties and this tenant type can offer a number of useful benefits.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cAs only one person is living at the property wear and tear is likely to be minimised, meaning less maintenance expense,\u201d explained co-owner of Belvoir Melton Mowbray and Belvoir Bingham Charlotte Baker.\n\n\n\u201cAlongside this you will only have to build a relationship with one person and only have to chase one person for rent. In addition, during inspections, it will be easy to assess if they\u2019re sub-letting without your permission.\n\n\n\u201cDo bear in mind, however, a single renter will usually be relying on one income stream to pay the rent and will often offer only a short-term solution as their circumstances and relationships can suddenly change leading to new living requirements. Alternatively, they may want to move someone in during the tenancy which will mean additional reference gathering and a new tenancy agreement.\u201d\n\n\nPluses \u2013 Minimal wear and tear: Only one rent payer to chase : Easy assessments regarding sub-letting.\n\n\nMinuses \u2013 Their relationship status (and living requirements) may suddenly change : Only one income to pay the rent : A new tenancy agreement will be needed if someone moves in.\n\n\nMarried with children \u2026\n\n\nIf you\u2019re looking for long-term tenants then targeting the family market could be the answer.\n\n\n\u201cMany people with young children will want to make a lengthy commitment to a property in order for their children to have continuity of schooling and the security of a familiar home,\u201d said Baker.\n\n\n\u201cA family will often have two working adults too, so they won\u2019t be relying on the income of a single person to pay the rent. Additionally, they are likely to have been homeowners previously and will know how to look after a property and what maintenance issues to look out for. They will want to make your house a home.\n\n\n\u201cRemember, though, the amount of wear and tear is usually proportionate to the number of people who live at a property therefore your maintenance bills may be higher than if you were letting to a couple or single renter. Plus, the requirements of a family are usually more extensive, such as the need for a garden and 3+ bedrooms, so your initial capital outlay is likely to be increased.\u201d\n\n\nPluses \u2013 Likely to make a long-term commitment : Usually more than one income : Have often been home-owners previously.\n\n\nMinuses \u2013 Increased wear and tear and maintenance costs : Property purchase price of family house investments is likely to be higher : Longer wish list of requirements and needs.\n\n\nStudents on site \u2026\n\n\nSome landlords shy away from the student market but renting to students can have a lot to offer.\n\n\n\u201cYou\u2019ll generally get a commitment for a full academic year and there will be multiple people paying rent so the overall rental return is likely to be high,\u201d said Baker.\n\n\n\u201cThere will be a Guarantor too, which is usually a parent. Of course, a possible challenge is that a student is unlikely to stay for longer than their course duration and some student landlords do report high maintenance and cleaning bills between tenancies.\u201d\n\n\nPluses \u2013 Guarantors can be chased : Possible higher rental returns : Generally stay for the minimum of an academic year.\n\n\nMinuses \u2013 Unlikely to turn into a very long-term tenant : Noise issues sometimes reported : Potential for higher maintenance and cleaning bills.\n\n\nPets in your property \u2026\n\n\nMany people have pets but not all landlords allow them so if you\u2019re happy to have someone\u2019s pet pooch or friendly feline living in your property you\u2019ll be tapping into a market that has limited choices.\n\n\n\u201cBecause a pet owner\u2019s options are reduced most will be looking for long-term tenancies, which is great news for landlords,\u201d added Baker.\n\n\n\u201cObviously there are possible pitfalls, though. The potential for damage to your property and garden is increased, pet smells can linger long after the pet has moved out, as can fleas, and some pets can be noisy and cause complaints from neighbouring properties.\n\n\nAlso, a large dog for example, can make essential access tricky for contractors, inspections and further viewings.\u201d\n\n\nPluses \u2013 Added security for the property (ie, if a dog is present) : Pet owners are often looking for long-term living solutions : Broadening your potential market.\n\n\nMinuses: Potential for damage to the property and garden by the pet : Access could be difficult for tradesmen, the landlord and potential new tenants (depending on the type of pet) : Pets don\u2019t pay any rent !\n\n\nA full house \u2026\n\n\nWith rising rents and increased living costs many people are teaming up to settle down. House sharing definitely isn\u2019t just for students anymore and many rental enquiries are received from people looking for house share opportunities, from young professionals to recent divorcees.\n\n\n\u201cThe key benefits of appealing to this market is the higher rental return you\u2019re likely to receive, especially if you\u2019re letting out individual rooms. There will be more than one income stream too, so major rental arrears can be minimised and void periods managed.\n\n\n\u201cOn the down-side, however, conversions to the property may be necessary and increased licensing and legislation is likely.\n\n\n\u201cHouse sharers tend to stick to short-term tenancy agreements too, so you\u2019ll be dealing with a high turnover of tenants and the associated costs and wear and tear that goes with people frequently moving in and out of a property.\u201d\n\n\nPluses : More than one income : Higher yields, especially if letting as individual rooms : Large target market.\n\n\nMinuses : Often short-term tenancies : High turnover of tenants and the associated costs : Conversions to the property may be necessary.\n\n\n\u00a0\n\n\nThis column was created and supplied by www.belvoir.co.uk\n\n"} {"url": "https://www.dotproperty.com.my/blog/uem-sunrise-joins-international-property-show", "title": "UEM Sunrise joins The International Property Show", "body": "\n\n\n\nUEM Sunrise recently signed on to take part at The International Property Show, a unique property showcase with developers from around Southeast Asia in Singapore. The firm becomes the second developer from Malaysia to confirm they will take part in the exclusive, seven-day event.\n\n\nThe International Property Show provides real estate investors with the opportunity to see great projects from around the world in one place. The event takes place at Singapore\u2019s world famous ION Orchard between February 20 and 26 where more than 1.1 million visitors will have a chance to see UEM Sunrise\u2019s latest developments up close and personal.\n\n\nUEM Sunrise ready for The International Property Show\n\n\nUEM Sunrise prides itself on creating sustainable projects that are loved by home owners, acclaimed by investors and recognised by industry. The firm has developed more than ten residential projects in Malaysia and has launched numerous others in Kuala Lumpur, Iskandar and Selangor.\n\n\nThe firm also has a proven track record of developing international projects\n. Its international developments include Marina One in Singapore, Aurora Melbourne Central in Australia and Quintet in Canada. Investors purchasing from UEM Sunrise can rest assure that they are buying from an international acclaimed firm.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFor more information on The International Property Show, visit \nwww.dot-expo.com\n\n"} {"url": "https://www.dotproperty.com.my/blog/uk-property-still-hot-despite-brexit", "title": "UK property still hot despite Brexit", "body": "\n\n\n\nIndicators suggest Brexit has not pushed UK property off the radars of Asian investors. \u00a0\n\n\nAs the UK makes move to depart from the EU, figures from real estate firm JLL reveal that that confidence remains strong among Asian investors for \nUK property\n. Transaction levels for the first quarter of 2017 were high. In fact in local currency terms the highest since 2015. The UK is also Europe\u2019s most active real estate market. This is a move up from third position in 2016.\n\n\nNews of Brexit last year sent ripples of concerns across the globe. An air of uncertainty loomed over the country and questions were raised about the attractiveness of the UK as an investment destination. However this has created a window of opportunity for overseas investors.\n\n\n\u201cWith the sterling depreciation and slight drop in capital values, Asian investors \u2013 particularly private buyers from Hong Kong and China \u2013 have been the most active in London since last year\u2019s Brexit vote,\u201d says David Green-Morgan, head of research, global capital markets at JLL. \u201cThe depreciation and capital values drop means that UK commercial real estate is now discounted by 16 per cent on average to overseas capital since the June 2016 referendum. The net yield of City prime buildings is also very attractive.\u201d\n\n\nOne of the biggest spenders are Hong Kong residents. A population which has already invested nearly USD 3 billion on UK property for the first three months of 2017. A rise from the USD 842 million that was spent in the first quarter of 2016. Investors have eyed up commercial space in two of the capital\u2019s most popular areas. London\u2019s West End famed for its retail presence and the City known as the financial hub.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nChinese continue their spending sprees\n\n\nBig players in the investment world, the Chinese have been restricted by their own country on the outward flow of their capital. However USD 7.5 billion still left the country in the first three months of 2017. This is an increase of 84 percent.\n\n\n\u201cThe new outbound capital control measures are likely to slow down overseas investments, as Chinese corporates and individuals will find it harder to invest outside of China. This is driving an increase in demand for domestic real estate investment going forward,\u201d says Dave Chiou, Director of Capital Markets Research, China at JLL. \u201cHowever, for Chinese companies with established overseas presence, the impact could be limited as they can use funds regenerated from overseas branches for investments.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/uks-worst-place-to-buy", "title": "UK\u2019s worst place to buy", "body": "\n\n\n\nResearch by leading British fixed-fee real estate agent eMoov.co.uk has identified the worst place to have bought a property in England and Wales since the turn of the century \u2013 at least where resulting value is concerned.\n\n\nThe firm analysed data from the Office of National Statistics, charting the median house price across England and Wales by quarter since Q1 2000. Despite the majority of U.K. homeowners enjoying a consistent increase in property values since the start of the new millennium, not everyone has been so lucky.\n\n\nThe centre of \nBolton\n is the only location of some 7,207 in England and Wales that has seen a decrease in the average property value over this time period.\n\n\nAt the start of the new millennium, the average house price in the centre of Bolton was \u00a377,202, just under \u00a38,000 less than the U.K. average. However despite peaking at \u00a3105,608 in Q1 of 2008, the current average house price in the area has dropped by 9 percent from the start of 2000, now at just \u00a370,621, and considerably lower than the U.K. average of \u00a3221,254.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nA 9 percent drop is a far cry from the growth change enjoyed by the rest of England and Wales, with homeowners, on average, seeing an increase of 172 percent since 2000. It is thought the high number of buy to let properties in Bolton is a driving factor behind the poorly performing property market, with buy to let investors driving down prices due to the purchase of multiple properties at a time.\n\n\nHowever the low demand for property in Bolton isn\u2019t helping the property market either.\n\n\neMoov\u2019s latest National Hotspots Index found demand in Bolton as a whole is at just 28 percent, -13 percent less than the national average, placing the town well outside of the top 50 hottest spots (79th).\n\n\nBut it\u2019s not all bad news. Of the 43 areas in the local authority of Bolton, the remaining 42 have all seen an increase in values over the last 16 years, 16 of which have actually enjoyed a higher increase than the average across England and Wales (+172 percent).\n\n\nFounder and CEO of eMoov.co.uk, Russell Quirk, said: \u201cThis research will certainly come as bad news for homeowners in the centre of Bolton. Generally getting on the ladder is the safest investment one can make in England and Wales and it would seem that anywhere other than this particular area of Bolton, would have at least seen some sort of return on that investment.\n\n\n\u201cIt doesn\u2019t seem like things will be improving anytime soon with low demand for property across Bolton as a whole likely to cool the local market even further. You have to feel for those that have seen the value of their property drop in Bolton, it\u2019s almost the equivalent of everyone in the U.K. buying a lottery ticket and you being the only one that doesn\u2019t hit the jackpot.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/um-land-joins-international-property-show", "title": "UM Land joins International Property Show", "body": "\n\n\n\n\n\nDot Property\u2019s International Property Show appeals to Malaysian developer UM Land.\n\n\nDot Property\u2019s \nInternational Property Show\n\u00a0has attracted the attention of one of Malaysia\u2019s Top Developers. United Malayan Land Bhd (UM Land) is an well established and reputable property developer with a strong industry track record spanning more than two decades. Earmarking the \nevent\n that is being held at the ION Orchard Singapore from the 20 to 26 February 2017.\n\n\nThe developer will be showcasing two of their prestigious projects. The first being\u00a0\nShama Medini\n\u00a0that is located in Johor. This serviced apartment complex is part of UMCity, a vast 30 acre complex that boasts an impressive 18 acre park with a lake that has been designed specifically for recreational use. The serviced apartments will be managed\u00a0by Onyx, one of the leading hospitality groups, and there are a range of sized units available to suit a host of requirements.\n\n\nThe other project is\u00a0\nSuasana Iskandar Malaysia\n\u00a0that is conveniently located in the corridors of Jalan Wong Ah Fook and Jalan Trus. This project is the epitome of contemporary. With a host of amenities and with the latest in modern finishes, residents can enjoy the ease of the lifestyle it provided being just a short walking distance to JB Sentral and Johor Immigration.\n\n\n\n\n\n\nUM Land is known for its continuous efforts in establishing trust and reliability to their customers. Resulting in the company attracting the attention of various international property accolades through its developments, which comprise a growing portfolio of townships located in high growth areas of Malaysia. This is in addition to niche developments in the\u00a0prime districts of Kuala Lumpur and Iskandar Malaysia.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe company emphasises on close working relationships with the best delivery partners. Established partnerships with leading companies such as The Ascott Limited, Onyx Hospitality Group, Samsung C&T Corporation, Samsung Malaysia Electronics, Samsung S-1 Security Solutions Korea and Roca Group enables UMLand to deliver developments of exceptional standard. Their attendance at the International Property Show is sure to generate a lot of interest.\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/understanding-difference-hotel-branded-residences-and-serviced-apartments", "title": "Understanding the difference between hotel-branded residences and serviced apartments", "body": "\n\nThe Residences at The Westin Manila Sonata Place is one of many hotel-branded residences now found in the Philippines\n\n\nThere has been a simultaneous boom in hotel-branded residences and serviced apartments throughout Southeast Asia. Neither are particularly new, but both are more prolific now than ever before. The most noticeable similarity between the two comes down to the name.\n\n\nBoth usually feature a well-known hospitality brand in their name. However, you should know about \u00a0the difference between hotel-branded residences and serviced apartments as well. And whatever you do, don\u2019t mistake either one for a traditional hotel.\n\n\nWhat do hotel-branded residences offer?\n\n\nOne of the common misconceptions regarding hotel-branded residences is that they offer all the same services as you would find when staying at a property under the same brand. This isn\u2019t always true. While some hotel-branded residences offer a full range of services, others only provide those living here with minimal perks and some provide them for an extra charge.\n\n\nIn a lot of cases, the hotel brand doesn\u2019t actually manage the property but has simply licensed the use of their name and branding to the developer. Of course, the hotel is involved with the design, providing feedback and ensuring it meets their standard.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nUnits in hotel-branded residences come fully furnished and the developments feature high-end amenities on the same level you\u2019d find at a hotel. These include top-of-the-line fitness facilities, opulent swimming pools and impressive lobbies.\n\n\nUltimately, many hotel-branded residences are closer to traditional residential developments than actual hotels. That being said, units in these projects are almost always in high demand which adds a great deal to their value.For example, \nthe Four Seasons Private Residences Bangkok is one of the city\u2019s most expensive developments\n.\n\n\nWhat do serviced apartments offer?\n\n\nFor starters, you can\u2019t buy a serviced apartment. These are operated by the hotel themselves and rented out to customers on longer-term contracts. Prices here are cheaper than traditional hotel rooms because most properties require stays of at least two weeks or longer.\n\n\nServiced apartment designs are much closer to traditional residential units than hotel rooms. Most have kitchen areas, separate bedrooms and storage spaces to feel more like a home. They also come fully furnished with everything a resident would need upon move in.\n\n\nThe key difference is when it comes to services. Everything from utilities to internet is included in the price. Most serviced apartments tend to provide some form of housekeeping although the regularity of this may vary. Some may even offer on-site dining or other perks as well.\n\n\nFind serviced apartments in Thailand\n\n\nBoth are good options\n\n\nThe difference between hotel-branded residences and serviced apartments are noticeable, but this isn\u2019t a case of one being better than the other. It is more about finding the solution that works best for you.\n\n"} {"url": "https://www.dotproperty.com.my/blog/understanding-long-term-impact-of-covid-19-on-property-investment", "title": "Understanding the long-term impact of COVID-19 on property investment", "body": "\n\nTwo major consultancies believe the long-term impact of COVID-19 on property investment will be minimal\n\n\nAs many countries look to reopen businesses and return to normal, experts are trying to come to terms with the long-term impact of COVID-19 on property investment. The short-term effects of the pandemic have hampered real estate investment throughout the Asia Pacific region with volumes plummeting 62 percent in the first quarter of this year, according to Real Capital Analytics.\n\n\nA closer examination of real estate investment over the past two decades shows it has fluctuated because of global events and economic downturns. Despite that, the overall trend has been for higher allocations to real estate from investors. This is why JLL believes the long-term impact of COVID-19 on property investment will be minimal.\n\n\n\u201cReal estate continues to offer good risk-adjusted returns that are less correlated to other asset classes. This portfolio diversification advantage of real estate investments is only emphasized in periods of increased volatility in the equities and commodities markets,\u201d \na recent JLL report explained\n.\n\n\nThe report added that the spread between real estate yields and government bond yields remains at levels that favor real estate investment. The consultancy believes real estate investment will return to pre-COVID 19 levels once business returns to normal and could possibly increase over the long term.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nColliers International also believes the long-term impact of COVID-19 on property investment will be minimal assuming there is a sharp recovery in GDP across the Asia Pacific region. If that is the case, the consultancy is predicting a swift recovery in real estate investment beginning at the end of 2020 and carrying into 2021.\n\n\nOne thing real estate investors need to be aware of is the rental market in the country they are investing in. JLL found that an extended disruption in business could adversely affect the ability of people to afford rents in the short term.\n\n\nHowever, even that won\u2019t change the long-term impact of COVID-19 on property investment in Asia as the risk-adjusted returns remain more appealing than other assets.\n\n"} {"url": "https://www.dotproperty.com.my/blog/uniquely-phuket-shambhala-grand-villa-one-kind-investment-opportunity", "title": "Uniquely Phuket: Shambhala Grand Villa is a one-of-a-kind investment opportunity", "body": "\n\nBoat Pattana isn\u2019t simply a developer building projects in Phuket. They live and breathe the area focusing on today, tomorrow and the future. With ten years of experience and more than 20 completed developments, the company continues to bring one-of-a-kind projects to the market that both local and international buyers love.\n\n\nTo fully understand the bond Boat Pattana has with Phuket, all you need to do is look at the company\u2019s Corporate Social Responsibility (CSR) efforts. From making donations to local schools and hospitals to supporting local SMEs, Boat Pattana aims to improve life for everyone on the island and beyond.\n\n\n\u201cWe think that CSR is important because we all want to live in a good society where everyone is healthy and happy. It is important to contribute positively towards making this a reality. Moreover, Boat Pattana is also concerned about the environment and energy conservation. We want to help create a sustainable environment. For example, using energy saving designs is a key part of our philosophy,\u201d Khun Panupong Kritchanarat, CEO at Boat Pattana, details.\n\n\nThese efforts are all part of the company\u2019s business vision to be the leading tourism and leisure property developer in the Andaman Provinces of Thailand. Boat Pattana believes it should deliver high value to all of its clients by offering creativity, mutual trust and a strategic partnership. These three traits form the core of the firm\u2019s company culture.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cWith our strong beliefs, vision, mission and corporate culture, we think that we are unique and can create the most value for our customers while also helping improve Phuket,\u201d Khun Panupong states.\n\n\nUnparalleled design inspired by nature\n\n\nEvery Boat Pattana development has design elements not found elsewhere\n\n\nThis is the Boat Pattana philosophy and it is what drives the look and feel of the company\u2019s projects. Additionally, the homebuilder looks to adapt its philosophy so every development suits both the location and the target client. This ensures unique projects that are unlikely anything else found in Phuket.\n\n\nA great example of the Boat Pattana philosophy come to life is at its Deva Escape project. The luxury private pool villa development is situated close to Bypass Road, one of Phuket\u2019s most popular locations for upscale residences. Knowing this, the company went above and beyond to build something not before seen in this area.\n\n\n\u201cDeva Escape Villas are very rare and incredibly exclusive. We only built five units. All five of these unique villas feature a lot of high-skilled craftsmanship from the trained workers who helped create them,\u201d Khun Panupong explains. \u201cSome architectural elements are inspired by the 1000-year old stone castles found in Thailand. Our customers are very satisfied with the design and the uniqueness of their mini castles.\u201d\n\n\nHe continued, \u201cMany other customers want us to build these type of residences. They are unique for ultra high-end villas, but we can\u2019t recreate what we did at Deva Escape. That is due to our commitment and promise to only create five units in the style of Deva Escape.\u201d\n\n\nIt is not just Deva Escape Villas that gets Boat Pattana\u2019s signature treatment. Each of the developer\u2019s projects has a unique style. Casa Riviera, Casa Signature and Project F are all luxury developments. However, each one has a different style and perspective that makes it unique.\n\n\nShambhala Grand Villa: A unique investment\n\n\nShambhala Grand Villa is one of the newest projects from Boat Pattana. The exquisitely designed pool villa development caters towards investors who want an eye-catching property that will be popular among tourists visiting Phuket. To this end, Shambhala Grand Villa is situated close to Boat Avenue and the Cherng Talay area.\n\n\nAdditionally, Layan Beach, Bang Tao Beach and the new Porto de Phuket by Central Group, some of the island\u2019s most popular tourist destinations, are all nearby. And while the location is excellent, the Boat Pattana philosophy will ensure the project is truly unique.\n\n\n\u201cShambala Grand Villa has two- and three-bedroom pool villas and each one comes with furniture, room amenities and all basic electrical appliances. This means they are ready to be rented out upon completion,\u201d Khun Panupong notes. \u201cThe plot size starts at 360 square metres and goes up to 600 square metres ensuring the spaces are large and offer plenty of privacy.\u201d\n\n\nKhun Panupong confirms that construction on Shambala Grand Villa will begin in October 2019 and should be completed by the end of next year. This means owners can begin renting out their villa during the high season of 2020. And thanks to the unique design, these properties will be in high demand as soon as the project opens.\n\n\n\u201cOur architect team utilised Tibetan design elements mixed with modern Oriental style to make Shambala Grand Villa truly unique. You won\u2019t see another development like it,\u201d Khun Panupong says. \u201cThe key difference to these villas is the double master bedroom. We considered the occupancy of guests and came to understand no one wants to choose between a bigger or smaller bedroom. Our design makes it so guests all get to sleep in the same size master bedroom.\u201d\n\n\nShambhala Grand Villa ownership and investment\n\n\nOwners can use their residence for several nights each year\n\n\nThere are a few options available for investors interested in buying a residence at Shambala Grand Villa. Thai buyers are able to purchase a villa on a freehold basis. Meanwhile, international buyers are able to acquire a unit on a leasehold basis, which guarantees rights for up to 90 years.\n\n\nInvestors can also take comfort in the fact that Boat Pattana\u2019s strategic partner will manage all villas and handle renting out the property throughout the year. Buyers can experience the property management first hand should they be in Phuket. The project\u2019s stay policy allows villa owners a set number of free nights each year. The policy is as follows (terms and conditions apply):\n\n\n1st year:\u00a0\n14 days\n\n\n2nd year:\u00a0\n7 days\n\n\n3rd year:\u00a0\n7 days\n\n\nShambala Grand Villa guarantees returns of six percent to buyers during the first three years of the project. However, this is only the tip of the iceberg. Thanks to the proven track record of Boat Pattana along with the unique design of Shambhala Grand Villa and the project\u2019s great location, it will prove to be an ideal investment.\n\n\n\u201cWe strongly believe that once Shambhala Grand Villa is completed, it will be one of the best projects in terms of value for investment and location. It is one of the closest, if not the closest, residential project to Boat Avenue and Porto de Phuket. This is an area where values are already increasing. Our clients will enjoy both capital gains and rental returns that they will be happy with,\u201d Khun Panupong concludes.\n\n\nThis article appeared in Dot Property Magazine. \nClick here to read it\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/us16-bn-deals-for-jll-in-2015", "title": "US$16 bn deals for JLL in 2015", "body": "\n\n\n\nReal estate firm JLL was named the number one investment advisory firm in Asia-Pacific for the fifth year in a row during 2015 based on total value of sales completed.\n\n\nAccording to Real Capital Analytics (RCA), an independent body that monitors real estate transaction volumes worldwide, JLL advised on investment deals worth US$ 16.6 billion during 2015, which amounts to a 27.8 percent market share in Asia-Pacific. The firm has been ranked first place since RCA began releasing data in 2011.\n\n\nThe firm also took the top spot in the hotel sector for the fifth year in a row, with a total of US$ 2.9 billion in hotel sales in 2015, representing a 57 percent market share in the region.\n\n\n\u201cLast year was a stellar year for real estate investment in Asia-Pacific, thanks to continuing demand from investors wanting to buy into the growth story in the region,\u201d said Stuart Crow, Head of Asia Pacific Capital Markets, JLL.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cWe are delighted to have achieved top ranking with RCA for five consecutive years, which shows the strength of our platform to serve investors in Asia-Pacific. We look forward to continuing to deliver exceptional value to our clients in 2016.\u201d\n\n\nScott Hetherington, CEO Asia, JLL Hotels & Hospitality, added: \u201cOur hotels business in Asia-Pacific has been growing to meet demand for investment advisory services, as the region\u2019s hospitality sector continues to mature and develop. For us, 2015 was a year of high-profile transactions and a number of blockbuster sales.\n\n\n\u201cThis number one ranking with RCA is testament to the hard work of our teams in making these deals happen.\u201d\n\n\nFor more information on RCA\u2019s methodology.\n\n"} {"url": "https://www.dotproperty.com.my/blog/use-real-estate-agent", "title": "Why use a real estate agent?", "body": "\n\n\n\nUnderstand exactly what a good real estate agent can do for your property search.\u00a0\n\n\nWhether you are looking to \nbuy\n or \nrent\n a property in Malaysia, it is advisable to recruit the services of a real estate agent. It is important to get a good one by your side in order to help secure that dream property for you quickly.\u00a0It is worth noting that most agents work on commission, so the very nature of this means that agents are driven and will do everything they can for you. But what advantages are there for using a real estate agent?\n\n\n1. Market knowledge.\n\n\nA fountain of knowledge, agents know the market inside and out. They should provide you with impartial advice. A relatively close-knit industry, agents talk among themselves and know the latest news. How much the last unit in the building achieved, what the price per square metre is, etc. Use this to your advantage. Pick their brains in order to help ascertain whether you are being realistic with your needs.\n\n\n2. Understand your needs.\n\n\nYou may think you know what type of property you are looking for, but get confused once you start looking. A good agent will listen to your wish list, work out your priorities, and then be able to pinpoint exactly what you are looking for. If you are looking for a buy-to-let investment they will be able to tell you what sort of property lets well in order to generate a healthy rental yield.\n\n\n3. Arrange viewings.\n\n\nAgents do a lot of the legwork so you don\u2019t have to. They arrange viewings on your behalf, and take you out to view the properties. After viewing a few, a good agent should be able to gauge your reaction to these in order to eliminate or find other options for you.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4. Negotiate.\n\n\nNegotiating is an art form. Agents are likely to have more practice at this than you will. Since agents do work on commission it is advisable to keep your cards close to your chest without letting this onto them. Either way they will want to get the deal done so will be able to act as the middle man in order to reach a mutually exclusive agreement.\n\n\n5. Efficiency.\n\n\nAs a real estate agent does this day in and day out, they will be speed up the process. Understanding the financial and legal processes and also answering any queries you have and making sure your transaction goes through without a hitch. They will want to get the deal through quickly so that they can raise their invoice, which will be to your benefit.\n\n\nIf you are looking for a real estate agent in Malaysia, have online at \nDot Property\n for a list of agents who will be able to help you find your dream property.\n\n\n\u00a0\n\n"} {"url": "https://www.dotproperty.com.my/blog/vaccinated-foreign-tourists-soon-welcomed-back-philippines", "title": "Vaccinated foreign tourists could soon be welcomed back to the Philippines", "body": "\n\nSiargao in the Philippines could soon welcome back vaccinated foreign tourists\n\n\nA specific date hasn\u2019t been confirmed just yet but vaccinated foreign tourists will likely be welcomed back to the Philippines in the near future. Plans on a reopening scheme will soon be submitted to the Inter-Agency Task Force on the Management of Emerging Infectious Diseases with the body expected to approve them.\n\n\nThat would mean vaccinated foreign tourists from countries on the Philippines COVID-19 green list could finally visit the country after nearly two years away. The Philippine Department of Tourism (DOT) believes this is an important step in kickstarting an economic recovery.\n\n\n\u201cAllowing tourists from green countries or territories that have the majority of its population vaccinated and with low infection rate, will greatly help in our recovery efforts \u2014 increasing tourist arrivals and receipts among others,\u201d \nTourism Secretary Berna Romulo-Puyat explained\n. \u201cThis move will likewise aid in bolstering consumer confidence, which is a large contributor to our gross domestic product or GDP growth.\u201d\n\n\nRelated:\n \nCan tourism-focused real estate help the Philippine property market rebound?\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHowever, no specific date has been set and there remain some questions as to what the entry process will look like. There are currently 44 countries on the Philippines COVID-19 green list which contains some notable absences, such as the United States.\n\n\nSome regional peers have already reopened to overseas arrivals with Thailand proving to perhaps be the most successful. The country began with a \u201cSandbox\u201d program in select destinations but has since reopened fully to vaccinated foreign tourists from more than 60 places. Neither program led to a spike in COVID-19 infections.\n\n\nPhilippine Department of Tourism data showed there were 8.26 million foreign arrivals in 2019, more than a 15 percent increase from the previous year. The bulk of visitors to the Philippines come from China, South Korea, USA, Japan and Australia.\n\n"} {"url": "https://www.dotproperty.com.my/blog/venues-announced-dot-property-awards-2021-presentation-ceremonies-thailand-vietnam", "title": "Venues announced for Dot Property Awards 2021 presentation ceremonies in Thailand and Vietnam", "body": "\n\nThe Reverie Saigon (right) will host the Dot Property Vietnam Awards 2021 while Park Hyatt Bangkok (right) is the venue for the Dot Property Thailand Awards 2021\n\n\nVenues for the Dot Property Vietnam Awards 2021 and Dot Property Thailand Awards 2021 have been announced. Asia\u2019s most exciting awards series will return to a pair of familiar 5-star hotels in Ho Chi Minh City and Bangkok.\n\n\nThe Reverie Saigon was selected as the venue for the Dot Property Vietnam Awards 2021. This is the third consecutive year the hotel has welcomed the event. Meanwhile, Park Hyatt Bangkok will host the Dot Property Thailand Awards 2021 for a second straight year.\n\n\n\u201cThe Reverie Saigon and Park Hyatt Bangkok are two of Southeast Asia\u2019s most prominent hotels and provide the perfect backdrop for the Dot Property Awards,\u201d Adam Sutcliffe, Director, Events and International Markets at Dot Property, explains. \u201cWhat impressed us about both venues last year was their commitment to the health and wellbeing of guests which allowed attendees to enjoy themselves in the safest possible environment.\u201d\n\n\nRelated:\n \nHere\u2019s how you can enter this year\u2019s Dot Property Awards\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDot Property Vietnam Awards 2021 \u2013 The Reverie Saigon\n\n\nJuly 22\n\n\nFor the third consecutive year, The Reverie Saigon will host the Dot Property Vietnam Awards 2021. The hotel is located in the heart of Ho Chi Minh City\u2019s prestigious District 1 inside the iconic Times Square Building. It took seven years to complete the hotel as extensive efforts were undertaken to ensure it was the city\u2019s most luxurious property.\n\n\nThat\u2019s what makes The Reverie Saigon an ideal location for the \nDot Property Vietnam Awards\n. From the beautiful lobby to opulent ballrooms, the hotel exudes a level of class and sophistication befitting of real estate\u2019s best. The Dot Property Vietnam Awards 2021 are scheduled for July 22.\n\n\nDot Property Thailand Awards 2021 \u2013 Park Hyatt Bangkok\n\n\nAugust 19\n\n\nThe Dot Property Thailand Awards 2021 will take place at the Park Hyatt Bangkok which was also the host of \nlast year\u2019s event\n as well as the Dot Property Southeast Asia Awards 2019. The unique ambiance and luxurious aura of the five-star venue is the ideal backdrop for the presentation ceremony.\n\n\nPark Hyatt Bangkok is located along Bangkok\u2019s prestigious Wireless Road and connected to the popular Central Embassy shopping complex. There will once again be an afterparty immediately following the awards presentation ceremony at the hotel\u2019s incredible The Penthouse Bar + Grill. Found on the 34\nth\n and 35\nth\n story of Park Hyatt Bangkok, this space provides an exceptional environment to continue the celebration.\n\n\nThe Dot Property Thailand Awards 2021 are scheduled for August 19.\n\n"} {"url": "https://www.dotproperty.com.my/blog/vietnam-becoming-second-home-destination-international-property-buyers", "title": "Vietnam is becoming a second home destination for international property buyers", "body": "\n\nThe Vietnam tourism property market is being driven by projects such as X2 Hoi An X2 Residence\n\n\nThe Vietnam tourism property market is still relatively new, but it is a segment many experts have pointed to as having the potential for strong development. That\u2019s due to rising foreign and domestic tourism alongside a growing number of appealing holiday destinations.\n\n\nPrior to the COVID-19 outbreak, nearly two million foreign tourists visited the country in January with more than half of this total coming from China, South Korea, and Japan. According to Kenneth Atkinson, Founder and Senior Board Adviser at Grant Thornton Vietnam, foreign homeowners could be a major factor in sustaining the tourism market over the long term.\n\n\nHe told the Vietnam Investment Review\n that the country has a rather low portion of returning visitors when compared to Thailand which has a return rate for arrivals that sits closer to 70 percent. With more foreign buyers being drawn to holiday homes in Vietnam\u2019s tourist areas, his could be set to rise in the coming years.\n\n\nMarket experts also expect to see a rise in the number of branded residences as the interest from more affluent buyers remains high. Vietnam currently has the third-highest number of projects in the pipeline to meet their demand. Overseas investors are attracted to the Vietnam tourism property market due to high yields that come with properties offering flexible usage for holidays.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSee more:\n \nAwarding winning resorts and beachfront developments drive Vietnam\u2019s tourism boom\n\n\n\u201cRental yields on city properties remain decent at 6-8 per cent in the better developments and many developers in the coastal resort areas have attracted buyers with high guaranteed returns of 8-10 per cent for 10 years, although it is expected that these will fall back on default values over the coming months, not only because of the impact of COVID-19,\u201d Atkinson explains. \u201cIn total, however, rental yields in Vietnam are significantly higher than say in Bangkok and other parts of Thailand, and Singapore.\u201d\n\n\n\u00a0Next steps for growth in\u00a0Vietnam tourism property market\n\n\nA key driver of the Vietnam tourism property market will be infrastructure in resort destinations. There has been some tourism infrastructure developed in popular locations like Da Nang. And while this has allowed for the development of international-standard projects in some locations, the Vietnam tourism property market has room for future growth.\n\n\n\u201cThe domestic and international tourism industries held opportunities for investors due to the rising number of new customers,\u201d Nguyen Tran Nam, VNREA Chairman, told the media at a recent event. \u201cDeveloping projects in the old way would not ensure competitiveness or suit customers\u2019 demands.\u201d\n\n\nOne way to do this is to create new hospitality products, something Robert McIntosh, Executive Director of CBRE Hotels in Asia-Pacific, said was already happening. He cited the building of coastal shophouses and shopvillas in Phu Quoc and Ha Long as an example of how developers were ensuring the Vietnam tourism property market was adapting.\n\n\n\u201cTo carry growth forward, hospitality real estate developers in Vietnam will have to go through market diversification, paying attention to potential non-traditional areas such as Nam Hoi An, Binh Thuan and Ba Ria-Vung Tau, as well as diversifying their product offerings and bringing in professionals to manage their properties,\u201d McIntosh added.\n\n"} {"url": "https://www.dotproperty.com.my/blog/vietnam-government-aims-improve-legal-framework-condotels", "title": "Vietnam government aims to improve the legal framework of condotels", "body": "\n\nCondotels in popular tourist spots across Vietnam have dealt with Land Use Right Certificate issues\n\n\nWhile condotels in Vietnam have grown in popularity over the past few years, the legal framework of these projects has remained muddled. That could soon be changing after Vietnam\u2019s Deputy Prime Minister asked the Ministry of Natural Resources and Environment to look into the matter.\n\n\nThe key issue at the moment is in regard to the Land Use Right Certificate of condotel units, also known as red books or pink books because of their cover color. It has been reported that owners in some condotel projects have not been issued the appropriate Land Use Right Certificate which has caused concern among some property buyers.\n\n\nNow the Ministry of Natural Resources and Environment will look into the matter with the aim of improving the legal framework of condotel ownership in the country. It is a move welcomed by many leading developers in Vietnam.\n\n\n\u201cIt is necessary to soon have a legal framework to help the market become transparent, develop sustainably and protect consumers. The mentality of the buyer is that they always want to own,\u201d \nLe Minh Tri, Chairman of the Board of Directors of Nam Group, was quoted as saying by Vietnam Business Forum\n. \u201cIf the red book can be issued, people are also more secure, and the banks are more willing to lend money.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHe added that this would boost demand and also promote the country\u2019s tourism industry. Additionally, consumers can be more confident in their investment when holding the proper Land Use Right Certificate.\n\n\n\u201cEveryone wants to be their own property owner, so the recognition of ownership for condotel will certainly receive the attention of investors. At the same time, when it is transparent, businesses are also willing to develop this type of real estate,\u201d Ho Duc Trung, a Ministry of Natural Resources and Environment Official, explained to the website.\n\n\nHe continued, \u201cThese moves act as an economic leverage in the context of a less transparent market. Certainly, when the type of condotel is properly developed, the products will be more interested in, and the confidence of home buyers will be more and more solid.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/vietnam-property-sector-looks-close-gap-regional-neighbors", "title": "Vietnam property sector looks to close the gap on regional neighbors", "body": "\n\nBy allowing foreign ownership in cities like Da Nang, the Vietnam property sector could reach a new level\n\n\nIt\u2019s no secret that the Vietnam property sector trails behind its ASEAN peers. Thailand, Indonesia and Malaysia all enjoy domestic demand and consistent international interest that allowed the real estate industry in these countries to grow. However, Vietnam is now working to close that gap.\n\n\nThe second home market, in particular, is seen as vital for the growth of the Vietnam property sector. A number of ASEAN countries have had success in building the second home segment which has elevated those real estate markets as a whole. Even if Vietnam currently trails countries like Thailand and the Philippines, it is well positioned to learn from its neighbors.\n\n\n\u201cVietnam\u2019s property market, generally speaking, is claimed to be 10-15 years behind Thailand, Malaysia and Indonesia. The second home market only started to develop during the last couple years and is probably the furthest behind. On the bright side, there are a great deal of lessons and experiences that we can take from our pioneer neighbors,\u201d Nguyen Hoang, Director of the R&D Department at DKRA Vietnam, explained.\n\n\nA strong tourism industry could also help Vietnam establish itself as a renowned second home destination. Hoang noted that tourism has significantly increased during the past five years with the country welcoming 18 million international visitors in 2019. COVID-19 will see that number to decrease in the short term, but the long-term tourism outlook remains positive.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cIn the coming years, I think the Vietnam hospitality and tourism sector will catch up with neighboring countries such as Thailand, Malaysia and Singapore. The presence of well-known, international brands like Hilton, Sheraton and Accor have already brought credibility to tourism in the country,\u201d Hoang stated.\n\n\nThe Vietnam property sector welcomes hospitality\n\n\nOne of the most recent trends in the Vietnam property sector has been the rise of hospitality real estate. Driven by the country\u2019s rapid growth of middle-income and high-net worth individuals, a significant number of hospitality-focused projects were launched between 2015 and 2019.\n\n\n\u201cThe Vietnam hospitality property market witnessed dynamic movement during recent years with a large supply of projects launched. There have been thousands of beachfront villa/townhouses as well as 10,000-12,000 condotel units launched annually. Reputable developers of the segment include Vingroup, BIM Group, CEO Group and Sun Group,\u201d Hoang reported.\n\n\nHe continued, \u201cFacilitated by the sector\u2019s vigorous development, asking prices have grown dramatically. As a result, it is now pretty easy to find beachfront villas listed for sale at one million dollars or more.\u201d\n\n\nAccording to Hoang, the most popular locations for hospitality properties are along Vietnam\u2019s central coast with Da Nang and the provinces of Quang Nam, Khanh Hoa and Binh Thuan all seeing a lot of real estate activity. In the south, Phu Quoc Island is an up-and-coming destination. Meanwhile, the Ninh Thuan, Phu Yen and Binh Dinh provinces are now starting to establish themselves as emerging markets.\n\n\nForeign ownership could unlock greater demand\n\n\nMany developers in Vietnam have been encouraging the government to loosen foreign property ownership regulations\n in order to attract more overseas buyers. Current laws state that international buyers cannot hold more than 30 percent of the units in a single residential building. Additionally, buildings must be approved for foreign ownership by the government before sales begin.\n\n\nOverseas buyers are currently unable to own hospitality property in Vietnam, but this could be set to change.\n\n\n\u201cRecently, the Ministry of Construction proposed that foreigners be allowed to buy hospitality properties like beachfront villas, townhouses and condotels. This is something most experts believe to be in the best interest of the Vietnam property sector,\u201d Hoang said. \u201cI suppose that this is a good suggestion that can not only boost the hospitality property sector, but also increase the competitiveness of the Vietnam real estate industry as a whole. Through this, the trend of worldwide integration would be proven and implemented.\u201d\n\n\nShould international property buyers be allowed to acquire hospitality properties in Vietnam, a place such as Da Nang could compete with Bali, Phuket and Cebu in Southeast Asia. Especially when you consider that most hospitality projects also have familiar rental schemes and other mechanisms in place to provide investment returns.\n\n\nIt may not be there yet, but the Vietnam property sector is closing the gap on its regional neighbors.\n\n\nRead more:\n \nReal estate transparency improves in Vietnam\n\n\nAbout DKRA Vietnam\n\n\nDKRA Vietnam is a leading broker agency and property consultant in Vietnam. The company provides a wide range of services including market research, project development consultancy in hospitality and residential property, sales and marketing and property management.\n\n\nFor more information, please visit: \nwww.dkra.vn\n\n"} {"url": "https://www.dotproperty.com.my/blog/vietnam-ready-welcome-back-tourists-starting-march", "title": "Vietnam ready to welcome back tourists starting in March", "body": "\n\nTourists will be able to visit places like Da Nang starting in March\n\n\nVietnam will be the latest country in Southeast Asia to reopen after the government announced plans to lift most travel restrictions starting on March 15. A proposal will soon be submitted to the prime minister for approval with this seen as a formality.\n\n\nTravelers wanting to visit \nVietnam\n will be required to quarantine for one day and test negative for COVID-19 before departing their home country and again upon arrival. This is in line with measures that regional peers, such as Thailand and the Philippines, have adopted.\n\n\nThe country\u2019s borders have been shut for nearly two years now apart from a vaccine passport scheme that was rolled out in select destinations late last year. Vietnam sees the plan to welcome tourists back as a key part of its reopening.\n\n\n\u201cThe approval is in accordance with the government\u2019s new responses to the pandemic, which are adapting safely and flexibly and controlling the virus effectively,\u201d the government said in a statement.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRelated:\n \nFlight bookings pickup as borders reopen in Southeast Asia\n\n\nRestarting tourism in Vietnam\n\n\nPrior to the COVID-19 pandemic, tourism in Vietnam was taking off. It was one of the 10 fastest growing tourism countries in the world, recording an average growth rate of 22 percent for three consecutive years. There were 18 million international visitors along with 85 million domestic tourists in 2019 with initial projections for 2020 surpassing those totals.\n\n\nWhile it may take some time to reach those figures once more, experts have remained extremely bullish regarding the sector\u2019s recovery. Ms Bui Thi Thanh Huong, Vice Chairwoman and CEO of Sun Group, cites several reasons for this.\n\n\n\u201cCompared with other countries in the region and around the world, Vietnam not only has advantages in natural resources but also in terms of its political and social stability. Moreover, in recent years, with the participation of major investors, including Sun Group, Vietnam\u2019s tourism infrastructure has seen major investment in large scale and high-class developments that have expanded opportunities for tourism,\u201d Ms Huong told Dot Property. \u201cThe room for Vietnam\u2019s tourism development is still very large; many fields remain open, yet to be adequately explored.\u201d\n\n\nRead More:\n \nAfter overcoming COVID-19, tourism-focused real estate in Vietnam set for bigger and better things\n\n"} {"url": "https://www.dotproperty.com.my/blog/vietnam-real-star-trump-kim-summit", "title": "Why Vietnam could be the real star of the Trump-Kim summit", "body": "\n\nThe Trump-Kim summit could benefit Vietnam in a number of ways\n\n\nThere is no doubt the second Trump-Kim summit is political theatre. And while the main actors receive top billing, it is the stage that could be in line for the biggest star turn. With strong economic indicators, a bustling real estate market and a growing tourism industry, Vietnam could be the biggest benefactor when we look back on the meeting of the US President Donald Trump and North Korean Chairman Kim Jong-un in Hanoi.\n\n\nInitial coverage of the event is likely to be a windfall to the already booming Vietnam tourism industry. According to data from the Vietnam National Administration of Tourism, the country welcomed 15.6 million foreign tourists in addition to the estimated 80 million domestic travellers in 2018. This activity generated VND 620 trillion (USD 26.6 billion) in tourism revenue last year. These numbers were already predicted to increase, but the political summit may help the country surpass initial estimates.\n\n\nNguyen Hong Son, Director Advisory Savills Hanoi, noted the second summit in Hanoi has already been drawing significant attention from the global media. This coverage could manifest itself into tangible benefits for Vietnam, even if the talks do not progress into action.\n\n\n\u201cThe first Trump\u2013Kim summit brought a record increase of international visitors to Singapore last year,\u201d Nguyen stated. \u201cThe image of a hospitable, safe and peaceful Vietnam will be portrayed and broadcasted all over the world, thus creating a huge opportunity for our tourism industry to attract more international visitors.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nStrong property market in line for boost from Trump-Kim summit\n\n\nThe Vietnam real estate market could also receive more attention in the aftermath of the Trump-Kim summit. Last year saw a record number of foreign property purchases in Vietnam with the country\u2019s luxury residential segment in particular taking off. \nThe uptick in interest from overseas \nbuyers\n\u00a0comes on the heels of strong economic growth, work on several large-scale infrastructure projects either beginning or close to starting and rapid urbanisation growth.\n\n\nNeil MacGregor, Managing Director Savills Vietnam\n\n\n\u201cAs if Vietnam was not already at the top of many investor\u2019s minds, the country is given a publicity gift in the form of the Trump-Kim summit. After the exceptional 7.1 percent GDP growth in 2018, Vietnam is set to see an unforeseen additional boost in 2019,\u201d Neil MacGregor, Managing Director Savills Vietnam said. \u201cThis can only be good for the economy and sectors ranging from manufacturing to tourism. Savills are certainly hoping there will be some positive spill over for the real estate market.\u201d\n\n\nAt the moment, there remains a distinct shortage of prime property in Hanoi and Ho Chi Minh City. Real estate investors can see the potential for significant capital gains over the long term while rental yields remain in excess of 5 percent. This is a little less than what\u2019s seen in the Philippines and on par with Bangkok.\n\n\n\u201cAlthough there is still a long way to go for the Vietnam property market to reach the dizzying heights of Hong Kong and Singapore, Vietnam is well on the way to becoming Asia\u2019s next tiger, with strong economic growth, a rapidly growing middle class and, for the time being at least, relatively affordable pricing,\u201d MacGregor added.\n\n\nThe majority of overseas investors have hailed from Hong Kong, \nChina\n, Japan and South Korea, but the Trump-Kim summit could provide the Vietnam real estate market with a spotlight that draws in interest from elsewhere in the world.\n\n\nIn off-the-record conversations with Dot Property, multiple developers have said demand from foreign buyers already surpasses supply in major cities. Meanwhile, local demand for mid-market properties in both Ho Chi Minh City and Hanoi remains strong.\n\n\n\u201cThis year (2019), mid-end products are expected to keep dominating the Hanoi market with the launch of township developments,\u201d Nguyen Hoai An, CBRE Director at the Hanoi office, told VietNamNet.\n\n\nDon\u2019t forget about the beach\n\n\nIt\u2019s unlikely Trump or Kim will visit Vietnam\u2019s beaches even though Da Nang was mooted as a potential location for the second summit. However, the costal areas of the country provide both a beautiful retreat and a potential opportunity for international property investors.\n\n\nNha Trang in southern Vietnam\n\n\nFor example, Nha Trang in southern Vietnam boasts a beautiful stretch of coastline that spans six kilometres and is regularly ranked among Southeast Asia\u2019s best beaches. According to data from the Khanh Hoa Tourism Department, 4- and 5-star hotels in Nha Trang record an occupancy rate of 65-70 percent throughout the year with this spiking to 95 percent during high season.\n\n\nAnd with more arrivals expected, there is room for further growth.\n\u00a0The current situation benefits condotel owners and means it is possible to surpass guaranteed investment returns many developers are offering.\n\n\nThe island of Phu Quc, the central Vietnam resort cities of Da Nang and Hoi An and Cat Ba Island in the north are some of the other tourist destinations with condotel projects springing up. While these areas won\u2019t benefit directly from the Trump-Kim summit, an influx of visitors to Vietnam would see at least a few flock to the resort spots.\n\n\nNotably, most condotel properties allow owners to stay at the project for a set number of days each year, meaning property investment in one of the these areas could double as a holiday retreat. This option makes them even more appealing to buyers from Singapore, Hong Kong and China who may find prices here more competitive than Southeast Asia\u2019s other beach retreats.\n\n\nThis article originally appeared on Dot Property Vietnam\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/vietnam-tipped-for-the-top", "title": "Vietnam: Tipped for the top", "body": "\n\n\n\nVietnam has been tipped as one of the world\u2019s next real estate investment hotspots.\n\n\nReal estate firm Savills, in its \nAround the World in Dollars and Cents\n research report, highlighted Vietnam and noted how improving economic conditions have led to a rise in the fortunes of Vietnam\u2019s property industry, with urbanisation, tourism and retail development leading the way.\n\n\nAccording to the report, the property industry in Vietnam enjoyed a good 2015. Following on from the government\u2019s monetary policy of 2013-2014, Vietnam\u2019s macroeconomic conditions are now the best they\u2019ve been for some time.\n\n\nAlmost all asset classes have rebounded, most notably the residential sector, Savills reported. Legal reforms, meanwhile, continue to transform industry practices.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIt said Vietnam performs counter-cyclically to the region, and during 2015 it outperformed its regional peers. This trend is set to continue in 2016, Savills predicted, although some headwinds persist.\n\n\nVIETNAM LANDED RESIDENTIAL DEVELOPMENT \u2013 LONG-TERM CAPITAL GROWTH\n\n\nRapid urbanisation, a fall in household occupancy and a young population will continue to underwrite residential property demand in Vietnam through 2016 and beyond.\n\n\nIn the short term, economic fluctuations represent the main risk, but the growing middle-class demand for new homes will be a long-term phenomenon, as long as the economy continues to perform.\n\n\nSavills noted how amended housing laws now allow for foreign investment in this sector.\n\n\nThe landed residential markets in Ho Chi Minh City and Hanoi enjoyed strong supply and good absorption in 2015. Products are now diversified and oriented towards consumers, with developers vying for market share and producing villas and townhouses with \u2018cradle-to-grave\u2019 facilities, including healthcare and tertiary services for the aged. This asset class also benefits greatly from improvements in infrastructure and new links, drawing the \u2018mortgage belt\u2019 closer to the city.\n\n\nOPPORTUNISTIC TIP:\u00a0VIETNAMESE RESORTS \u2013 LONG-TERM TOTAL RETURNS\n\n\nMore than half of the world\u2019s tourists come from China and Russia, and Vietnam\u2019s long coastline and good weather are in close proximity to both countries.\n\n\nHospitality development throughout the country kicked off with fervour in 2015 and will deliver world-class product, supported by great coastal locations, quality golf courses and international architecture in outstanding destinations during 2016 \u2013 from Halong and Danang in the north to Nha Trang and Phu Quoc in the south.\n\n\nMore than two-thirds of the country\u2019s tourists are domestic Vietnamese travellers. The second generation of hospitality development will leverage initial success by developing second homes and resort accommodation.\n\n\nSavills said that throughout 2016 there will be a range of coastal homes available all over Vietnam from affordable levels to global prestige quality.\n\n\nCORE-PLUS TIP:\u00a0VIETNAM RETAIL \u2013 LONG-TERM TOTAL RETURNS\n\n\nRetail development has been feverish as foreign and local developers compete in the rapidly changing environment. Year-on-year growth in retail sales stood at 9.1 percent in September 2015, one of the highest rates globally. According to Savills there\u2019s little wonder that there has been so much M&A activity in retail.\n\n\nAlongside the strong Vietnamese retailers, many foreign developers are now rolling out their formats. In 2016 there will be more contemporary space added, with new retail formats to be tested such as the Takashimaya/Saigon Centre in Ho Chi Minh City.\n\n"} {"url": "https://www.dotproperty.com.my/blog/vietnams-sun-group-builds-legacy-winning-two-awards", "title": "Vietnam\u2019s Sun Group builds its legacy by winning two awards", "body": "\n\nSun Group won two honors at the Dot Property Southeast Asia Awards 2020\n\n\n\n\nPeople\u2019s Choice Award for Project of the Year Southeast Asia\n\n\nBest Leisure Developer\n\n\n\n\nSun Group is behind some of Vietnam\u2019s most popular resort and tourism projects, all of which have captured the hearts and minds of tourists both locally and from around the world. The developer has been a key supporter of the country\u2019s growing tourism real estate market and its quality work was recognized by the public in 2020.\n\n\nSun World Ba Na Hills won the People\u2019s Choice Award for Project of the Year Southeast Asia at the Dot Property Southeast Asia Awards 2020. This was in addition to winning Vietnam People\u2019s Choice Award for Project of the Year 2020 earlier in the year.\n\n\nLocated just outside of Da Nang, Sun World Ba Na Hills is the most significant resort and recreational complex in Vietnam. The development\u2019s mountainside location transformed the entire region and has made it global attraction. Sun World Ba Na Hills is most well-known for The Golden Bridge which TIME Magazine named as one of its top 10 best destinations of the world in 2018.\n\n\nThis was not the only accolade for Sun Group as the developer also won also won Best Leisure Developer at the Dot Property Southeast Asia Awards 2020. The achievements are historic for Sun Group and help cement the firm\u2019s legacy as one of Southeast Asia\u2019s most innovative developers.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/vietnams-top-real-estate-projects-exhibit-quality-style-across-market", "title": "Vietnam\u2019s top real estate projects exhibit quality and style across the market", "body": "\n\nBest Sustainable Township Development was presented to EcoCity Premia\n\n\nThis article on Vietnam\u2019s top real estate projects\u00a0appeared in the most recent issue of Dot Property Magazine. \nClick here to read it\n!\n\n\nThe Dot Property Vietnam Awards 2021 showcased the best projects in the country. The Vietnam real estate market continues to improve, and these efforts can be seen in the consistently rising standard in housing, township, apartment and condominium developments.\n\n\nThis year\u2019s class of project winners stand out thanks in part to their combination of quality and style. While each development is unique, they have all exhibited what it takes to be the best and were honored for this work.\n\n\nVietnam\u2019s top real estate projects\n\n\nBest Sustainable Township Development \n\n\nEcoCity Premia\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe sustainability at EcoCity Premia starts with the lake park that serves as the green heart of the township. This expansive natural feature helps build an environmentally friendly eco-system that offers a healthy lifestyle. Sustainability is supported through the amenities inside EcoCity Premia. There is an Eco Mall; International Eco Health Care Clinic; European-Asian restaurants with indoor and outdoor seating; and a clubhouse. The result is a safe environment that provides a colorful life similar to what\u2019s found in Europe.\n\n\nBest Lifestyle Township Development \n\n\nLa Vida Residences\n\n\nLa Vida Residences launched a new model urban area in Vung Tau City focused on creating an elevated lifestyle for owners. This starts with the 5-star standard amenities found throughout the township. It is extended to the exquisite design from Architect Ngo Quan Hien who wanted to capture the allure of semi-ancient looks with the modern style residents have grown to love. Everything is then connected with a smart city system that offers convenience and large green spaces that cover up to 73 percent of La Vida Residences.\n\n\nBest Mid-Market Condo Development \n\n\nLegacy Central\n\n\nAiming to be a source of happiness for unit owners, Legacy Central boasts modern interior designs, high-standard construction and stylish living spaces at an affordable price. The daily lives of residents are made easy thanks to the retail spaces and modern amenities available at the condominium. Meanwhile, a park and green walking routes create separation from the noisy and dusty city without needing to leave home.\n\n\nBest Beachfront Condo Development \n\n\nThe Ruby Ha Long\n\n\nLocated in the up-and-coming Ha Long, The Ruby Ha Long has raised the bar for beachfront condo projects in the country. Nearly all of the units inside the development have a panoramic view of the bay which has been made possible thanks to its bow-shaped design. Each residence also features a sleek, modern design suitable for those wanting a second home or investment property. All facilities at The Ruby Ha Long have been crafted to international standards while maximizing the beachfront vistas.\n\n\nBest Beachfront Resort Apartment \n\n\nDolce Penisola Quang Binh\n\n\nTourism to Quang Binh is expected to increase over the coming years as more people discover its sublime beaches and stunning natural scenery. Dolce Penisola Quang Binh is well positioned to offer visitors the ideal luxury residence when they arrive. Featuring a pair of 27-story towers, the resort apartment project boasts a number of luxurious details that are sure to impress. These include a cloud footbridge made of glass that connects to two main structures and a transparent swimming pool.\n\n\nBest Luxury Boutique Condo \n\n\nT-Place\n\n\nT-Place is a modern apartment, office, commercial and entertainment complex project built according to international standards. It is also the first development to have successfully renovated an old apartment building in Hoan Kiem district. This has created a boutique feeling throughout the condo that buyers lover. However, luxury has not been sacrificed. T-Place contains outstanding designs in terms of functionality and upscale finishing materials for a high-end appearance that resonates with property seekers.\n\n\nBest Township Development \n\n\nMeyhomes Capital Phu Quoc\n\n\nMeyhomes Capital Phu Quoc selected a prime location surrounded by long-standing historical sites and what is considered to be the most beautiful beach in Phu Quoc to launch a smart and ecological urban area unlike anything currently available in Vietnam. The 5-star standard township is equipped with residential projects, retails spaces, parks and other amenities designed by leading overseas companies. On top of this are several technological and sustainable innovations to ensure this is Phu Quoc\u2019s most livable destination. \nMeyhomes Capital Phu Quoc\n also won Best Township Master Plan Design.\n\n\nBest Luxury Mixed-Use \n\n\nL\u00e9man Luxury\n\n\nL\u00e9man Luxury\n strives to find new ways to enhance green spaces while giving them a sense a luxury. For example, the project\u2019s residential component features hanging gardens which are a rarity in Vietnam. There is a range of high-end retail and commercial options inside L\u00e9man Luxury as well. The Swiss-standard is found throughout the mixed-use development with designs inspired by L\u00e9man Lake and the snowy peaks found in Switzerland.\n\n\nBest Integrated Real Estate Development Vietnam \n\n\nTMS Homes Wonder World\n\n\nSituated in Hanoi, TMS Homes Wonder World spans 38 hectares with the urban ecological complex located next to a reservoir. It is also near key business hubs and transportation facilities as the developer sees the project becoming a dynamic economic area. Within the confines of TMS Homes Wonder World is an unmatched selection of housing along with lifestyle comforts set admits a backdrop of natural wonder. \n\n\n "} {"url": "https://www.dotproperty.com.my/blog/vinhomes-presented-developer-year-vietnam-2021-v", "title": "Vinhomes presented with Developer of The Year Vietnam 2021", "body": "\n\nThis article on Vinhomes appeared in the most recent issue of Dot Property Magazine. \nClick here to read it\n!\n\n\nVinhomes work across Vietnam is unsurpassed. From advanced smart cities to ideal living spaces and urban parks, the developer strives to show the public their properties are where happiness dwells.\n\n\nIn a year full of obstacles and challenges, Vinhomes remained steadfast in its mission to provide an excellent quality of life to residents. Its work was rewarded by being named Developer of the Year Vietnam 2021 at the Dot Property Vietnam Awards 2021.\n\n\nThe firm is a pioneer in crafting ideal living experiences in Vietnam\u2019s urban locations. Vinhomes developments feature professionally planned residential complexes that are in harmony with nature. This is accomplished through integrated facilities and a green environment that have come together to form a new lifestyle for the Vietnamese people.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIts vision in this regard is unquestionably ambitious. The developer has completed 48 urban parks in the country along with building Vietnam\u2019s largest saltwater lake and largest man-made freshwater lake with white sand.\n\n\nVinhomes is also a leader in smart cities and continues to allocate resources to the research and application of digital technologies and smart solutions for construction, management and operation of urban areas. The result is dynamic communities that provide the modern, lively and gracious environment people today seek.\n\n\nAt the core of the developer\u2019s approach is sustainable growth which is guiding its efforts to become a world-class enterprise. Vinhomes takes pride in offering superior scale, execution speed and service quality, three traits that have helped it ascend to the top of the market.\n\n\nWith a portfolio of outstanding developments and a willingness to go above and beyond in its desire to offer customers the best living experience, Vinhomes is a worthy winner of Developer of The Year Vietnam 2021 at the Dot Property Vietnam Awards 2021.\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/vision-excellence-sees-golden-topper-soars-cebus-best-developer", "title": "A vision for excellence sees Golden Topper soars as Cebu\u2019s best developer", "body": "\n\n\n\n\n\nBest Developer Cebu\n\n\n\n\nGolden Topper had a vision to elevate the Cebu real estate market when it launched City Clou a few years back. The firm wanted to create a vibrant business and lifestyle district surpassing anything seen in the region.\n\n\nIts hard work and ambition were recognized at the Dot Property Philippines Awards 2022 when Golden Topper was named Best Developer Cebu. This was another milestone for a homebuilder that continues to raise its game.\n\n\nThe success of City Clou in Cebu has been nothing short of extraordinary. More than 90 percent of the project\u2019s first residential tower has sold out with other elements having opened for pre-selling. The mixed-use development is among the first in the region where people can work, live and play in one location.\n\n\nGolden Topper envisions City Clou as a complete community with its own business hub. To accomplish this goal, the developer is including four residential towers, a dedicated office tower, a three-level commercial area and world-class leisure amenities inside the development.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe latter features Central Park at City Clou, an urban retreat within the city that contains three swimming pools, a fitness area with yoga room, an outdoor play area for kids, a meditation garden, several pocket gardens and a clubhouse.\n\n\nCebu is an up-and-coming property market in the Philippines and Southeast Asia as a whole. The work of Golden Topper is helping take the region to the next level through exciting designs that meet the needs of the residential, retail and office sectors.\n\n\nWinning Best Developer Cebu at the Dot Property Philippines Awards 2022 is an affirmation of its vision for excellence. But this is simply another step for a firm that is looking to create bigger and better projects moving forward.\n\n\nRead More:\n\u00a0\nSMDC and RLC Residences lead an impressive collection of winners at the Dot Property Philippines Awards 2022\n\n"} {"url": "https://www.dotproperty.com.my/blog/vision-real-estate-excellence-propels-raimon-land-success", "title": "A vision for real estate excellence propels Raimon Land to success", "body": "\n\n\n\nDeveloper of the Year 2022\n\n\nBest Developer Luxury Condominiums\n\n\n\n\nRaimon Land is synonymous with luxury condominiums and their exquisitely crafted projects have been well received among end-users and investors for years. Its work reached new heights this year with the company winning both Developer of the Year and Best Developer Luxury Condominiums at the Dot Property Thailand Awards 2022.\n\n\nThe victories are validation of its vision for residential real estate that aims to support evolving lifestyles. Today, residents require additional space, functionality and comfort in prime locations. Raimon Land\u2019s partnerships with world-renowned design firms, curation of upscale amenities tailored to modern lifestyles and spacious condominiums are unmatched in the Kingdom.\n\n\n\u201cFirst and foremost, winning is an honor. These awards a testament to the hard work of everyone at our company and also the great support we receive from our customers,\u201d Stephane Michel, Chief Operating Officer of Raimon Land, details. \u201cThe key differentiation between Raimon Land and other developers lies in amazing locations that focus on quality and partnerships with incredible firms from around the world. We want to bring the best of the world to Thailand.\u201d\n\n\nRaimon Land\u2019s outstanding work on projects like Tait Sathorn 12 and The Estelle Phrom Phong is currently unmatched. From an emphasis on larger unit sizes to modern amenities and ample green spaces, the firm\u2019s vision for residential real estate excellence was one of the many reasons it was recognized at the Dot Property Thailand Awards 2022.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cWhen you look at the offerings in terms of facilities, finishings, all of this comes together very well. The result of our work can be seen with these awards. We are very honored, very humbled and want to thank everyone,\u201d Stephane proclaims.\n\n\nHowever, this year is simply a start. With The Estelle Phrom Phong and One City Centre nearing completion, Raimon Land is already focused on what\u2019s next. These are certainly exciting times for the Dot Property Thailand Awards\u2019 Developer of the Year 2022.\n\n\nRead More:\n\u00a0\nRaimon Land and Rosewood partner for new Phuket branded residence project\n\n"} {"url": "https://www.dotproperty.com.my/blog/visit-malaysia-reason", "title": "Visit Malaysia for this reason\u2026.", "body": "\n\n\n\nFood lovers, or as many title themselves these days, \u201cFoodies,\u201d all must schedule in a trip to Malaysia. Yes, there are monkeys that swing from the trees and a beautiful backdrop of mountains wrapping around old architecture, but more importantly there is food \u2013 a lot of it.\n\n\nMalaysia is a diverse country with an interesting history of how everyone has blended together to create a melting pot full of culture, all of which bring their own unique touch and traditional recipes. While in Malaysia you will find yourself surrounded by three major, authentic choices of cuisine:\n\n\nMalay. \nRich in spices and coconut milk and plentiful use of chili peppers, garlic and onions, traditional Malay offers dishes creamy dishes typically accompanied with rice. Nasi lemak is considered to be Malaysia\u2019s national dish, which consists of rice cooked in coconut milk and a pandan leaf. A famous noodle dish which consists of mee \n(noodle, salt and egg) \nserved with a tangy, spicy and sweet potato-based sauce is known as Mee rebus, which is also a must-try.\n\n\nIndian. \nBoth Northern and Southern Indian food has been adapted into Malaysian culture since the 19\nth\n century when Indian laborers migrated to work in rubber estates. Choose from an array of robust curries seasoned with coriander, turmeric and cumin, oven baked breads and traditional desserts. Don\u2019t be shy and (literally) dig your hands into dishes such as Tandoori Chicken, Roti Canai and Mutton Kurma.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nChinese. \u00a0\nIn the 1800s, the Chinese immigrated to Malaysia through the South China Sea to provide a strong workforce in tin mining and with them they brought Cantonese, Hokkien, Hainanese, Teochew and Hakka styles of cooking. Compared to Indian and Malay dishes, Chinese cuisine is quite mild. Grab a pair of chopsticks and devour down Dim Sum \n(steamed pork, noodles and veggies),\n Peking Duck with rice or Hokkien Fried Mee, a thick egg noodle with seafood and vegetables. If you\u2019re around during Mid Autumn or Mooncake Festival, be sure to have a celebratory cake filled with sweet bean pastes!\n\n\nNow imagine an even further exhilarating experience for your taste buds \u2013 over the years Malaysians have been mixing\u00a0the\u00a0flavors of all three cuisines and have created fusions that can only be found\u00a0there, hence why you need to visit Malaysia and eat their food!\n\n"} {"url": "https://www.dotproperty.com.my/blog/vote-now-southeast-asia-peoples-choice-award-project-year-2020-vote", "title": "Vote now for Southeast Asia People\u2019s Choice Award for Project of the Year 2020", "body": "\n\nSun World Ba Na Hills (Right) and The Estelle Phrom Phong (Left) are the two finalists for Southeast Asia People\u2019s Choice Award for Project of the Year 2020\n\n\nVoting is now open for the Southeast Asia People\u2019s Choice Award for Project of the Year 2020. The winners of Thailand People\u2019s Choice Award for Project of the Year 2020 and Vietnam People\u2019s Choice Award for Project of the Year 2020 are vying to be the region\u2019s best. The winner will be revealed on December 17.\n\n\nClick here to vote!\n\n\nLet\u2019s take a look at the finalists and what makes each project special.\n\n\nSoutheast Asia People\u2019s Choice Award for Project of the Year 2020 Finalists:\n\n\nSun World Ba Na Hills\n\n\nLocated just outside of Da Nang, Sun World Ba Na Hills won Vietnam People\u2019s Choice Award for Project of the Year 2020. The project is the most significant resort and recreational complex in Vietnam and has captured the hearts of the public. The development\u2019s mountainside location transformed the entire region and made it global attraction. Sun World Ba Na Hills is most well-known for The Golden Bridge which TIME Magazine named as one of its top 10 best destinations of the world in 2018.\n\n\nRead more about Sun World Ba Na Hills\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe Estelle Phrom Phong\n\n\nThe Estelle Phrom Phong was selected as the People\u2019s Choice Award for Thailand Project of the Year 2020 overcoming 14 of the Kingdom\u2019s best developments. The project is accentuated by luxurious amenities unmatched in the region. There are private gardens where residents can connect with nature, a sky gym and a Japanese spa to name a few. The Estelle Phrom Phong also won Best Luxury Residential Condominium Bangkok at the Dot Property Thailand Awards 2020.\n\n\nRead more about The Estelle Phrom Phong\n\n\nVoting is underway now and will continue until December 16. Make your voice heard and vote for Southeast Asia People\u2019s Choice Award for Project of the Year 2020.\n\n\nClick here to cast your vote!\n\n"} {"url": "https://www.dotproperty.com.my/blog/want-to-sell-faster", "title": "Want to sell faster?", "body": "\n\n\n\nThe top-12 items that could help sell a home faster have been revealed by specialist London boutique real estate agency Rokstone, who have a special Rokstone Home Styling division and service.\n\n\nThe firm\u2019s Home Styling service prepares private residences for sale by enhancing appeal such as introducing accessories such as artwork, candles and books, as well as de-cluttering or tidying messy living areas and dressing windows and bedrooms.\n\n\nRokstone highlighted that home styling originated in California in the late 1990s whereby the luxury mansions, villas and apartments of the A-list business elite and celebrities of Beverly Hills, Bel-Air and Santa Monica were given a meticulous presentation review and, where required, an \u201cimage makeover\u201d before being placed on the housing market.\n\n\nGlamorised by reality television shows the concept went mainstream and has spread across the United States.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nResearch by the U.S. National Association of Realtors calculates that professional home styling can reduce a residential property\u2019s time on the market by 25 percent to 50 percent, and a dressed and styled home can fetch a price premium of between 5 percent to 20 percent more than an empty home or messy property badly presented.\n\n\nRokstone revealed that home styling is becoming more popular in Prime Central London. Four years ago just 5 percent of the firm\u2019s clients used the home styling service. Last year this had risen to 20 percent, and this year more than 30 percent of clients use the service.\n\n\nBy reviewing all the home styling projects undertaken over the last four years, Rokstone Home Styling has devised a list of the top-12 most successful items that could help sell a home faster:\n\n\nBooks\n\nLuxury coffee table books (Taschen being the top brand) displayed on coffee tables, side tables, bedside cabinets and shelves.\n\n\nCandles\n\nBeautiful scented candles displayed throughout a home, most importantly in the living area, master bedroom and master bathroom. The top-five most popular brands with purchasers are: Cire Trudon, Fornasetti, Diptyque, Hotel Costes and Jo Loves.\n\n\nLighting\n\nAn analysis of the levels of natural illumination in the various living spaces. Homes should have a bright and airy ambience but not be so bright they appear like a hospital operating theatre. So changes can include the introduction of side table lamps, the introduction of stronger or lower wattage bulbs or the use of filters on lights; the changing of lamp shades or the removal of curtains or blinds to make a room/living space brighter and more welcoming.\n\n\nArtwork\n\nRokstone Home Styling work with Atlas Galleries who visit a property and curate pieces of artwork for the living spaces. The artwork can either be loaned or purchased by the vendor.\n\n\nPhotography/prints\n\nThese can be photographs/prints on either walls or side tables. Ideally photos/prints should be de-personalised and family/personal photos minimised and replaced with more generic photos. There should ideally be generic/themed photo frames used throughout a property to ensure consistency of presentation.\n\n\nCurtains/blinds\n\nWindow dressing should be high quality, with the curtains/blinds of a simple chic style that has wide appeal. Garish colours or patterns should ideally be replaced.\n\n\nPlants and flowers\n\nFlowers can be used to add colour and warmth to a room whilst box hedging and indoor plants or bonsai trees can be used to create a feature within a living space. Rokstone work with By Appointment Only Design who are a specialist florist who provide luxury arrangements for VIP homes, special events and anniversaries.\n\n\nMagazines and Newspapers\n\nGlossy luxury magazines, broadsheet weekly and weekend newspapers and specialist publications should be used wherever possible. They should be neatly displayed on either a coffee table or side table and updated on a weekly basis. Outdated publications creates a poor impression and makes a property look unloved. Tabloid newspapers, free-sheets and freebie magazines should be avoided as they do not present the right image for a prestigious home.\n\n\nAccessories\n\nThe top-five most popular brands are: Louis Vuitton (espcially the Dominoes), Hermes (throws), Missoni (cushions), Thomas Goode (dinnerware) and Halcyon Days (ashtrays).\n\n\nFlooring\n\nLike shoes, floors make a very strong first impression on people. Feature rugs, good quality carpets or luxury hard flooring is very important. Frayed carpets or rugs or damaged/old hard flooring should be replaced.\n\n\nMaster bedroom and bathroom presentation\n\nThe presentation of the master bedroom suite and master bathroom is crucial for successfully promoting a home to a potential purchaser. The owners of a home will spend most of their time in the main living room, kitchen/dining and main bedroom \u2013 so these spaces must be beautifully presented. Rokstone Home Styling highlight that the bed should be dressed with beautiful Nile cotton sheets and pillows and have feature throws from brands such as Jonathan Adler or Hermes. The bathroom should be dressed with high quality white fluffy towels, flowers, scents and beauty products from brands such as Chanel or Bvlgari and luxury soap from a brand such as Aesop.\n\n\nMusic and video\n\nIt is very important that there is an agreed playlist for both video and music for the home entertainment system of a property. The music and chosen film/video should have broad appeal, with the volume set low so as not to be overbearing for visitors.\n\n\nSo if a buyer wanted these top-12 selling tips implemented professionally in their home how does the Home Styling service work?\n\n\nThe Rokstone Home Styling service normally takes between one and two weeks from the initial appointment to completion. The first step is a Home Consultation and recommendations visit by the home styling team. This involves the property being assessed for its presentation quality, target buyer profile and appeal to potential purchasers. From this a list of recommendations is prepared for the vendor and once approved the changes are implemented.\n\n\nTypically anything from 30 to 100 new accessory items are specially sourced and placed in the property, with the budget normally being between 0.25 percent to 1 percent of the overall value of the property. Once the home styling is complete a photoshoot and glamorous sales brochure/particulars are prepared for the property and it is then introduced to the market.\n\n\nAs part of the Home Styling process there are set procedures in place for all potential purchaser visits. There is a special home clean and inspection prior to the visit. This includes checking that all windows, taps and toilets work, and that all lights and home entertainment systems are operational. All flowers, candles and magazines/newspapers are also checked to ensure they are fresh/up-to-date.\n\n\nRokstone said that home styling delivers results and works highly effectively on any type of property that needs promotion. The smallest project Rokstone Home Styling have worked on is a 400 sq ft studio apartment in Marylebone, the largest a 6,000 sq ft Mayfair house.\n\n\nThe firm were asked to Home Style a Mayfair house that had been languishing on the market with other agents for over a year. Once Home Styled the transformed property was sold within four months. Similarly, another Mayfair property had been on the market for 14 months, once Home Styled an offer was made on the property within three months.\n\n\nBecky Fatemi, Managing Director of Rokstone, said: \u201cHome styling is extremely important in the American luxury property market. Most of our celebrity and VIP clients who have lived or worked in North America totally understand and appreciate the value that Home Styling can add to the sales and marketing equation.\n\n\n\u201cWe did some staging for global celebrity P.Diddy for a palace he was using in Marrakesh. We had to fly over 400 accessory items to personalise and dress the palace for him including the finest Egyptian cotton sheets and pillows, Diptyque Baies scented candles and white orchids.\u201d\n\n\nShe added: \u201cThe styling concept started in California in the 1990s with Hollywood celebrities staging their VIP rooms, guest suites and private homes for photoshoots and media interviews.\n\n\n\u201cDuring the global recession the concept was used as a useful sales tool in the luxury housing market in California and then moved into mainstream property marketing across the United States. London is just beginning to catch up with the concept and appreciate how important it is, especially for luxury homes. As in America where VIPs and tastemakers lead the mainstream will follow.\u201d\n\n\nwww.rokstone.com\n\n\n\n\n\n"} {"url": "https://www.dotproperty.com.my/blog/watch-best-moments-dot-property-awards", "title": "Watch the best moments from the Dot Property Awards in 2022", "body": "\n\nThe Dot Property Awards returned in 2022 with a full complement of celebrations. We honored Vietnam\u2019s best in Ho Chi Minh City, celebrated Thailand property in Bangkok, recognized Philippine real estate in Manila and ended the year with the Dot Property Southeast Asia Awards 2022 ceremony at Four Seasons Bangkok. It was an amazing 12 months.\n\n\nEntries are currently being accepted for this year\u2019s Dot Property Awards and \nyou can submit yours here\n. But before we look too far into the future, let\u2019s check out the best highlights from the Dot Property Awards in 2022.\n\n\nDot Property Vietnam Awards 2022\n\n\nA record-setting 48 winners were honored at the Dot Property Vietnam Awards 2022 with Hung Thinh Land Joint Stock Company, Sunshine Group and Novaland Group among the most notable developers recognized. Celebrations last year focused on the real estate industry\u2019s best and brightest coming together to champion the resiliency, recovery and sustainability efforts happening across the country\u2019s property market.\n\n\nWatch the Dot Property Vietnam Awards 2022 highlights\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDot Property Thailand Awards 2022\n\n\nIn August, we hosted the Dot Property Thailand Awards 2022 where 30 winners from across the Kingdom took home honors. Raimon Land, SC Asset and Major Development were just a few of the leading firms celebrated last year.\n\n\nSee what happened during the Dot Property Thailand Awards 2022\n\n\nDot Property Philippines Awards 2022\n\n\nThe in-person celebration last year was a triumphant return for the Dot Property Philippines Awards after restrictions required a special hybrid ceremony in 2021. More than 200 of the real estate industry\u2019s best and brightest were in attendance as more than 25 awards were handed out during the evening.\n\n\nSMDC and RLC Residences lead an impressive collection of winners at the Dot Property Philippines Awards 2022\n\n\nDot Property Southeast Asia Awards 2022\n\n\nLast year was the first time since 2019 that the Dot Property Southeast Asia Awards were held fully in person with winners hailing from seven different countries. Nearly 300 property leaders were in attendance for the biggest night in Southeast Asia real estate that ended with fireworks over the Chao Phraya River.\n\n\nHighlights from the Dot Property Southeast Asia Awards 2022\n\n\nBe a part of the Dot Property Awards in 2023\n\n\nDon\u2019t miss your chance to be a part of Southeast Asia\u2019s most exciting property awards series in 2023. There is no feeling quite like standing on the stage at the Dot Property Awards and accepting an honor for being the best in your respective category. The road to that moment starts by entering.\n\n\nClick here to enter the Dot Property Awards 2023\n\n"} {"url": "https://www.dotproperty.com.my/blog/watch-dot-property-thailand-awards-2021-winners-show-relive-excitement", "title": "Watch the Dot Property Thailand Awards 2021 Winners show and relive the excitement", "body": "\n\nDid you miss the Dot Property Thailand Awards 2021 Winners show live broadcast? Don\u2019t fret, the replay is now available. You can either watch it above or \ncheck it out on YouTube by clicking here\n. More than 30 winners were honored this year and this special presentation celebrates them all.\n\n\nRelated:\n \nSustainability and innovation in real estate celebrated at the Dot Property Thailand Awards 2021\n\n\nFor more great video content, be sure to subscribe to the Dot Property channel on YouTube.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n "} {"url": "https://www.dotproperty.com.my/blog/wealth-asset-group-spares-no-expense-creating-outstanding-projects-meaningful-investments", "title": "Wealth Asset Group spares no expense in creating outstanding projects and meaningful investments", "body": "\n\nWealth Asset Group at the Dot Property Southeast Asia Awards 2020\n\n\nWealth Asset Group has elevated the standard of Pattaya real estate in the past year. This much is evident by collecting three awards at the \nDot Property Southeast Asia Awards 2020\n including Best Developer (Boutique Resorts). The developer has shown the ability and vision required to go beyond luxury living in Pattaya with the end result being projects that are unrivaled in terms of design, liveability or investment potential.\n\n\nThe Rhine Condominium has turned a lot of heads in Pattaya due to its \u2018more than luxury\u2019 philosophy. Developer Wealth Asset Group wanted to go beyond the upscale condo experience to offer property buyers a truly special residence. No expense was spared in the firm\u2019s pursuit of residential perfection.\n\n\n\u201cThe uniqueness and success of The Rhine Condominium comes down to our determination to offer a quality product,\u201d Khun Ao Varinnicha Tangraintong CEO Wealth Asset Group, explains. \u201cThat Includes our mock-up room, investment program with guaranteed returns and our concept that is more than luxury. This is beyond a residence.\u201d\n\n\nLocated in Pratumnak, a lot of effort was also put into ensuring The Rhine Condominium was a place that everyone could enjoy. From the stunning residences with luxurious finishes to the wide array of facilities, the project is a modern sanctuary for those staying here.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWealth Asset Group wins three times at Dot Property Southeast Asia Awards 2020:\n\n\n\n\nBest Developer (Boutique Resorts)\n\n\nBest Boutique Condotel (Rental Program) \u2013 The Rhine Condominium\n\n\nBest Innovative Investment Product \u2013 The Rhine Condominium\n\n\n\n\n\u201cEvery time people visit a property like a condominium, it\u2019s not always relaxing,\u201d Khun Ao says. \u201cOur concept focuses on the full range of facilities that bring enjoyment for all families and generations.\u201d\n\n\nKhun Ao Varinnicha Tangraintong CEO Wealth Asset Group (left)\n\n\nA great deal of consideration was also put into creating the project\u2019s investment program. Unit owners are promised a rental guarantee of eight percent annually during the first five years in addition to being able to stay at the condominium for up to 27 days each year. A 110 percent buyback option is available as well.\n\n\n\u201cRegarding the investment program at The Rhine Condominium, this is not a new concept, but ours is a superior offer to others,\u201d Khun Ao proclaims. \u201cWe always think that customers deserve a straightforward revenue scheme providing excellent returns, so that is what we have done with our program.\u201d\n\n\nIt\u2019s safe to say the project is different from any other condominium on the market and Khun Ao reports that sales have been brisk with buyers attracted to project\u2019s overall quality. While many residential developments in Pattaya promise the luxury residential experience, the launch of \nThe Rhine Condominium\n has gone beyond those promises to elevate the entire property market.\n\n\nSpeaking of the Pattaya property market, The Rhine Condominium is well positioned to take advantage of the region\u2019s future growth. The city hasn\u2019t been immune to the COVID-19 pandemic with tourism having declined significantly, but CBRE recently released a report highlighting the Eastern Seaboard\u2019s long-term potential.\n\n\n\u201cPattaya is a continuously-growing city that keeps developing, including EEC and areas expected to help elevate this part of Thailand. Pattaya is close to Bangkok, and the city has both Thai and foreign tourists,\u201d Khun Ao says. \u201cDuring current situation, Thai tourists still visit Pattaya. But the city\u2019s tourism sector still has a lot of room for growth.\u201d\n\n\nWealth Asset Group builds a foundation for success\n\n\nThe Rhine Condominium was designed with a \u2018more than luxury\u2019 philosophy\n\n\nFor Khun Ao, the launch of The Rhine Condominium is the culmination of a lot of hard work over the years. She has learned the ins-and-outs of the real estate industry firsthand, gaining valuable experiences along the way.\n\n\n\u201cI have been in the real estate industry for about ten years. Even as a minor agent, I planned to become a developer, but my dad taught me that it is necessary to learn every step completely before starting any business. So, I worked for a contractor in sales. And I worked as a senior marketing and sales manager of various companies, some which weren\u2019t successful,\u201d Khun Ao recounts.\n\n\nShe continues, \u201cEven when I worked for those companies that weren\u2019t successful, I was still able to learn what errors can happen in business. My previous experiences taught me how to work and achieve success. The key is minimizing errors and making each project perfect.\u201d\n\n\nDespite being a relatively young developer, Wealth Asset Group is primed for long-term success. The firm has THB50 million in registered capital with no bank debts. Additionally, Khun Ao has put a strong team in place to ensure the company can reach its ambitions and offer clients the best.\n\n\n\u201cWe plan to be the best, but this is the goal of everyone. The key achievement we hope to accomplish is to become a public company. From design and aftersales service to products and quality, we want to make sure our clients are getting the best,\u201d Khun Ao explains. \u201cWe believe that being sincere and honest with our customers will help take us to the top.\u201d\n\n"} {"url": "https://www.dotproperty.com.my/blog/what-do-buyers-want", "title": "What do buyers want?", "body": "\n\n\n\nIf you\u2019re just starting out on the search for your perfect property, or if you are looking to sell or rent your home, here are the top five features that buyers look for in a home according to one survey conducted by a top British financial institution. Useful information, no doubt, to make the most of and make sure your own property ticks all the boxes for potential buyers.\n\n\nLocation, location, location\n\n\nUnsurprisingly location was the number one factor in choosing a home, with more than 73 of people putting this at the top of their list of must-haves. Choosing where to live is extremely important and matters on many different levels. Before starting out on the property hunt ask yourself a few questions to decide on where you might like to live:\n\n\n\n\nDo I want \u2018city centre buzz\u2019 or \u2018quieter country life\u2019?\n\n\nHow close do I want to be to friends and family?\n\n\nDo I need good transport links to work?\n\n\nDo I need to be close to good schools and parks?\n\n\n\n\nProperty size\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSome 68 percent of people surveyed said that the size of the property was an important factor in buying a house. It might seem obvious but making sure you\u2019ll have the space you need now (somewhere to eat, sleep and relax) as well as in the future should be a key part of selecting a property. What if a partner moves in or you decide to have children or pets? You should consider if the space will fit your lifestyle now and in years to come.\n\n\nGarden and outside space\n\n\nOutside space comes in a number of guises: gardens, yards, balconies; they all have their benefits. A total of 61 percent of people were looking for a property with some sort of outside space. If you\u2019re looking to sell make sure you\u2019re making the most of the outside space you have to offer.\n\n\nLayout\n\n\nA total of 56 percent of people surveyed said that the layout of a property was important to them. It\u2019s easy to be tempted by a great layout, but remember there may be room for compromise on this if everything else ticks the boxes. Plus, there\u2019s always the option to change the layout yourself. Whether it\u2019s knocking down a wall to make a bright open plan kitchen/diner, or increasing the size of the living room because there\u2019s no need for the study next to it, you\u2019ll have the freedom to create a great space that works for you.\n\n\nOff-street parking\n\n\nWhether you\u2019re in the heart of the city or the serene suburbs, it\u2019s always comforting to know that your car is safely tucked away when at home. A total of 53.1 percent of people labelled off-street parking a dream feature, so if you\u2019re likely to have sleepless nights worrying that your car could be damaged, consider making this an essential part of your property search. Ensuring your driveway is in good condition and usable is also a key factor in making your property attractive to potential buyers.\n\n\nWhat are your top five \u201cwants\u201d when choosing your perfect property? We\u2019d love to know. Leave your comments with this story.\n\n"} {"url": "https://www.dotproperty.com.my/blog/whats-easiest-way-obtain-thai-visa-buying-property-thailand", "title": "What\u2019s the easiest way to obtain a Thai visa when buying property in Thailand?", "body": "\n\nA common misconception many overseas real estate buyers have when it comes to Thailand is that purchasing a property guarantees them a visa. That is simply false. There is one option available to property buyers: the THB 10 million (USD324,800) investment visa.\n\n\nIt is a good option, but one that is limiting. For starters, the only property covered under this visa is condominium units in a new-build development. Anyone applying for this visa is required to provide evidence that at least THB10 million has been transferred into the country as well.\n\n\nInvestors keen on other property types or who don\u2019t want to transfer that much money into Thailand are out of luck. And then there is the process of applying for the visa, which is time consuming, even with the help of a lawyer. It also can\u2019t be started until the THB10 million is in Thailand.\n\n\nThe smart alternative \n\n\nThe Thailand Elite residence program is an alternative way to obtain a Thai visa when buying property in Thailand. Having a privilege entry visa ensures holders the right to stay in Thailand for up to 20 years along with a range of additional complimentary services and benefits.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThere are no minimum residency requirements for holders of the privilege entry visa. They can stay in Thailand for as long as they wish within the parameters of their chosen program. Unlike other visa types, including tourist and retirement options, the privilege entry visa provides much more flexibility.\n\n\nSeveral options are available under the Thailand Elite residence program with 5, 10- and 20-year visas offered. Additionally, select programs include visas for family members as well.\n\n\nUnlike other visas issued by the Thailand immigration bureau, the privilege entry visa comes with far reaching benefits all designed to make life easier from the moment you arrive in the Kingdom.\n\n\nThere is the VIP greeting and assistance from an Elite Personal Assistant that is provided on international flights arriving and departing Thailand along with exclusive access to arrival and departure lounges. You\u2019ll also be able to take advantage of expedited immigration formalities and passport-control processing, something frequent travellers to Thailand are sure to appreciate.\n\n\nAnother benefit of the privilege entry visa is that you can enjoy Airports of Thailand limousine transfer service to/from your hotel or residence. Complimentary government concierge services are also provided to visa holders. These benefits include assistance with 90-day reporting, business networking, help obtaining a Thai driver\u2019s license, opening a Thai bank account and much more.\n\n\nFinally, holders of the privilege entry visa can have peace of mind knowing the program is organised by the Tourism Authority of Thailand under the Ministry of Tourism and Sport.\n\n\nWhy should property buyers consider the Thailand Elite residence program?\n\n\nBenefits of the Thailand Elite residence program include expedited immigration formalities and passport-control processing at airports throughout the Kingdom\n\n\nIf you\u2019re purchasing a property in Thailand and plan on regularly staying in the country, a privilege entry visa is the ideal choice for a few reasons. Obviously, the benefits alone ensure your stay in Thailand is hassle free.\n\n\nFor example, if you own a villa or condo property in Phuket, the benefits provided by the Thailand Elite residence program paves the way for a peaceful holiday. Breeze past immigration, hop into your airport transfer and start your holiday.\n\n\nThe Thailand Elite residence program also eliminates pain points that other visa types can bring. Visitors who arrive to Thailand on multiple tourist visas are now finding themselves being stopped and questioned by immigration officials more frequently. Meanwhile, greater enforcement of the Thai retirement visa requirements has made the yearly extension process much more difficult than in the past.\n\n\nOne of the most underrated aspects of the Thailand Elite residence program is that real estate agents can offer clients the ability to join when purchasing a property. Not only can you acquire the property you want, but at the same time you now have access to the utmost comfort during your time in the Kingdom. If you\u2019re thinking about buying a property in Thailand and are also interested in obtaining the privilege entry visa, be sure to ask your real estate agent for more information.\n\n\nThe application process for the Thailand Elite residence program is streamlined and it takes approximately one to three months to get visa issuance. More importantly, you won\u2019t need to make endless trips to the immigration office and submit a mountain of paperwork. It can even be done concurrently with the property purchase. This is impossible with the investment visa which requires you to already have a non-immigrant visa and proof of investment before applying.\n\n\nYou can contract Andrew Raming, Senior Manager, Henley & Partners Thailand, at +66 (0)\u00a0 9878 77808 for more information about the Thailand Elite residence program.\n\n"} {"url": "https://www.dotproperty.com.my/blog/whats-in-a-name", "title": "What\u2019s in a name?", "body": "\n\n\n\nFrom Malmo\u2019s Turning Torso (pictured) to London\u2019s Shard, names add a certain something to a building. In the case of Shanghai\u2019s Jin Mao Tower, it\u2019s aspiration: Jin Mao means \u2018golden prosperity\u2019.\n\n\nToday\u2019s tenants are not just viewing potential space when they move office; they\u2019re also viewing names, often bestowed by developers and agents, keen to let buildings.\n\n\nNames are equally impactful in residential schemes, according to Helen Gough, Lead Director, Buildings and Construction, JLL UK.\n\n\n\u201cWe were working on a project to convert a former factory into a four-storey high-end residential space and wanted a name to reflect its musical heritage,\u201d she said.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cAlthough its working title was The Piano Factory, following a detailed review of its background to support the planning application we found it used to manufacture brass instruments. It was therefore formally launched as The Brassworks \u2013 complete with some references to its former life in the interior design elements of the reception area.\u201d\n\n\nOver in the Gulf States, meanwhile, real estate developments often acquire a name when they\u2019re very much in the blueprint stage.\n\n\n\u201cBuilding names are often part of marketing strategies to sell off-plan property,\u201d Kevin Mitchell, interim provost at the American University of Sharjah who also teaches the university\u2019s College of Architecture, Art and Design, told United Arab Emirates news publication the \nNational\n.\n\n\n\u201cThe names applied to real-estate projects are intended to evoke exclusivity or conjure up idyllic images that may not represent the reality of completed buildings.\u201d\n\n\nHistorical names\n\n\nThe recipe for a successful name, it seems, is staying clear of current personalities or brands.\n\n\n\u201cNames that have stood the test of time add cachet to a building, even if they don\u2019t add any commercial value,\u201d said Gough.\n\n\nThe Chrysler Building in New York and the Harrods Furniture Depository in London are two such examples. Occupiers choose to be in these buildings because of their location and spec and, originally, both were built and occupied by the named companies \u2013 a trend far less common today. Construction is rarely solely funded by a single owner-occupier, hence fewer brands are woven into the fabric of modern buildings.\n\n\nBut that doesn\u2019t stop today\u2019s tenants, acutely aware of a building\u2019s brand value, trying to make their mark and get themselves attached to a building somehow. They often request to change a building\u2019s name when negotiating the lease. Salesforce famously sought to rename London\u2019s Heron Tower to Salesforce Tower. Their efforts didn\u2019t succeed. But in Chicago, Willis\u2019s did, when they renamed the Sears Tower in 2009.\n\n\nThis is a rare example, said Gough.\n\n\n\u201cWe\u2019re seeing fewer corporate egos dictating what buildings are called. Perhaps it\u2019s because of more multi-occupancy use on shorter lease terms or perhaps it has become too risky to tie up a building\u2019s identity with a dominant occupier.\u201d\n\n\nThe public say on nicknames\n\n\nRegardless, however, of how a building is branded, the public will always have its say. In Glasgow there\u2019s the Armadillo, aka The Clyde Auditorium and in Prague, Frank Gehry\u2019s Nationale-Nederlanden building is referred to as Fred and Ginger.\n\n\nBut nowhere are nicknames more apparent than in the City of London where the Gherkin, Walkie Talkie, and Cheesegrater have become terms of endearment. Not only are they humorous, they\u2019re also descriptive and so probably initially were used to help tell the buildings apart in a city unaccustomed to skyscrapers.\n\n\nOn rare occasions nicknames grow into official titles. A London Thames-side building, developed initially as a power station previously known in as Stamford Wharf, is now legitimately called the OXO Tower, taking its name from the letters on the tower\u2019s window design incorporated in an Art Deco refurbishment to advertise the product of the company who acquired the property in the 1920s .\n\n\nBut while the British are happy to nickname their buildings, other cultures are less keen. As John Brash, the founder and chief executive of Brash Brands, told the \nNational\n:\u00a0\u201cWhy doesn\u2019t it happen in the UAE? Maybe because that particular brand of humour is less common here, and because we\u2019re more comfortable with using the names our buildings are given. The Burj Al Arab will always be the Burj Al Arab to us, whereas if it was in London it might end up being known as \u2018the big sail\u2019.\u201d\n\n\nSuch frivolity can also jar with architects, however, who are concerned about their reputations and potential occupants, who fear for their corporate identities. And nicknames have proven unpopular with City of London planners, who are keen to promote a more sober international business center in these post-recession times.\n\n\nBut things could be worse: in Barcelona, architect Jean Nouvel says his 38-storey Torre Agbar is meant to represent a geyser rising into the air. Locals, however, know it as \u2018el supositori,\u2019 the suppository, among other, blunter names.\n\n\nThis article was first published by JLL on their \nwww.jllrealviews.com\n website and is reproduced with kind permission.\n\n"} {"url": "https://www.dotproperty.com.my/blog/whats-luxury-surf-villa-go-inside-one-lomboks-unique-developments", "title": "What\u2019s a luxury surf villa? Go inside one of Lombok\u2019s most unique developments", "body": "\n\nA luxury surf villa sounds awesome. And a luxury surf villa in Lombok, Indonesia\u2019s ultimate paradise? Well, in the 1980s they would describe that as totally tubular. Jokes and old-timey surfer lingo aside, Selo Group\u2019s Luxury Surf Villas\u00a0is offering an experience and investment opportunity unlike anything currently available in Southeast Asia.\n\n\nWhile there are plenty of outstanding surf spots across the region, there aren\u2019t many developments taking advantage of this. What\u2019s more, surfing is one of the fastest growing sports in the world. This group is diverse with surfing-focused vacations and a transition to a more high-end customer already taking place.\n\n\nNatural beauty, white sand beaches and lots of big waves make Lombok\u2019s southern coast an ideal destination for surfers. Before travel restrictions brought on by the COVID-19 pandemic, Lombok was being frequented by surfers from across the globe. This will very likely be the case once things return the normal.\n\n\nSingapore-based developer Selo Group has tapped into this growing market with Selo Group\u2019s Luxury Surf Villas. Located next to the developer\u2019s Selong Selo Resort, this collection of 20 exclusive luxury surf villas have been carefully designed for surfing enthusiasts.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRelated:\n\u00a0\nThe island lifestyle of Lombok is helping propel the real estate market\n\n\nHere\u2019s what a luxury surf villa in Lombok looks like\n\n\nLombok is home to some outstanding surfing\n\n\nEach luxury surf villa inside the\u00a0development\u00a0captures the spirit of Southern California with designs inspired by upscale Malibu beach homes. Situated on a hillside overlooking the ocean, each residence maximizes the amazing views with bedrooms and common areas facing the water.\n\n\nStudio, one or two-bedroom villas are available at Selo Group\u2019s Luxury Surf Villas\u00a0with every residence having its own private plunge pool. They all feature open plan layouts with floor-to-ceiling windows throughout. There is also a large deck with plenty of room to store your surfboard after a day riding the waves.\n\n\nVillas come with a curated furniture package that adds a touch of luxury. Meanwhile, a number of other bespoke features at the resort allows you to focus on fun. These include full housekeeping services, rental management and a full suite of amenities.\n\n\nLike all projects from Selo Group, Selo Group\u2019s Luxury Surf Villas\u00a0is being developed with eco-sustainability at the forefront. The entire development will be built under the firm\u2019s \u201czero waste\u201d construction process and utilize the best in green technology.\n\n\nOwners are free to use their luxury surf villa as a full time residence or as a holiday home that is rented out when not in use. For more information: selogroup.co/luxury-surf-villas\n\n"} {"url": "https://www.dotproperty.com.my/blog/whats-outlook-malaysia-property-2019", "title": "What\u2019s the outlook for Malaysia property in 2019?", "body": "\n\n\n\nThe past few years haven\u2019t been great for the Malaysia property market. A glut of unsold units, foreign ownership regulation uncertainty and a slow overall market have all contributed to less than ideal conditions. However, there may be some hope on the horizon.\n\n\nThe country is predicting positive GDP growth forecasts of 4.8 percent in 2019 and 4.9 percent in 2020. This should help improve purchasing power. Additionally, Knight Frank revealed that it expects the Kuala Lumpur luxury condo market to improve this year in a recent report.\n\n\nThat is the market segment of interest to most international real estate investors who can only acquire \nMalaysian properties priced at MYR 1 million (USD 256,500) or above\n. Should the country\u2019s property market be on the road to recovery, shrewd property investors should act now.\n\n\n\u201cNot many countries in the region or around the world allow foreigners to own freehold properties. Secondly, price per square feet for Malaysia property is still one of the lowest in the region,\u201d former Malaysia Property Incorporated Vice President David Shieh told the Malay Mail last year.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSee more:\n \nWhy are overseas investors acquiring luxury real estate in Malaysia?\n\n\nChinese real estate investors began returning to Malaysia late in 2018 after staying on the sidelines in the aftermath of last year\u2019s election. Malaysian Prime Minister Mahathir Mohamad spoke out against foreign real estate ownership, but no new regulations have been enacted.\n\n\n\u201cPrime Minister Mahathir\u2019s comments discouraged all overseas buyers, not just Chinese, by injecting a shot of uncertainty into the market. What our data suggests is that the decline in buyers has not been so great as sometimes believed and that a recovery is very much underway,\u201d Carrie Law, CEO and Director of Juwai.com, explained.\n\n\nPenang property market solid but glut remains\n\n\nA glut of unsold units sitting on the market hasn\u2019t impacted the \nPenang real \nestate\n\u00a0market, according to the local government. The island\u2019s real estate scene remains solid with the government committed to affordable housing.\n\n\n\u201cThe market is very strong despite reports of (unsold) units throughout the whole country,\u201d Jagdeep Singh Deo, Penang Housing, Town, Country Planning and Local Government Committee Chairman, said during a press conference. \u201cWe hope that in 2019, we will see more federal-initiated affordable housing programmes and measures for first-time homebuyers.\u201d\n\n\nIn other Penang property news, \nthe local government raised the real estate price floor for foreigners purchasing a home\n. The minimum purchase price on the island is now set at MYR 3 million (USD 742,000) for landed property and MYR 1 million (USD 257,550) for stratified unit.\n\n"} {"url": "https://www.dotproperty.com.my/blog/who-are-malaysias-biggest-investors", "title": "Who are Malaysia\u2019s biggest investors?", "body": "\n\n\n\nMalaysian real estate is causing a stir with the Chinese ramping up their stakes.\u00a0\n\n\nThe Chinese are known for their overseas shopping sprees. Buying property in every corner of the globe has become even more popular due to the weakening Yuan and restrictions placed on the outward flow of capital in China.\n\n\nRecent data released reveals that the Chinese have been eyeing Malaysian real estate. In fact they have become the country\u2019s biggest spenders overtaking Singapore. The country isn\u2019t shy to \nforeign investors\n but residents of China have invested in excess of USD 2.1 billion in real estate in Malaysia between 2014 and 2016. Malaysian\u2019s neighbours have spent small fry in comparison. The Singaporeans have spent USD 985 million for the same period. These figures are according to Real Capital Analytics, a company specialising in collecting data related to real estate transactions, who looked at transactions over the USD 10 million mark.\n\n\nThe Chinese pipping Singapore may not come as a big surprise. Whilst Singapore has always held the title as the biggest outbound real estate investor in Malaysia, recent factors have meant that the Chinese have looked to make their mark elsewhere. This includes the uncertainties behind \nBrexit\n and \nTrump\n coming to power, plus escalating prices in other cities such as Sydney and Christchurch. There is no wonder that Malaysia has been tipped as a new \nsafe haven.\n\n\nMalaysia\u2019s attractive qualities.\n\n\nThis news also coincides with Beijing and Kuala Lumpur\u2019s relationship being knitted closer together. Plus investors are also lured by the prospect of being close to Singapore for retail shopping. Malaysia can also offer an improved quality of life with less pollution if compared with mainland China.\u00a0On top of this, Malaysia has a much lower price point. This widens the pool for investors who may find properties in other gateway cities out of reach.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMalaysia has been attempting to entice foreign investors for sometime. In 2002 they launched \u2018Malaysia My Second Home\u2019. A scheme that offered visas to live in the country assuming that applicants meet certain financial criteria. Out of 32,000 foreigners who now have residency in Malaysia, 8,000 are Chinese. The country with the highest number of residents suggests the sheer strength and interest the Chinese have in Malaysia.\n\n\nIf you are wanting to invest in property in Malaysia, then get in quick before \nrestrictions are tightened\n. For a range of suitable investment options check out Dot Property online \nhere.\n\n"} {"url": "https://www.dotproperty.com.my/blog/who-are-the-rich-of-malaysia", "title": "Who are the rich of Malaysia?", "body": "\n\n\n\nMalaysia has its fair share of billionaires according to the annual Forbes Rich List.\u00a0\n\n\nForbes, the American business magazine, is known for their annual rich list. The rankings list the top billionaires from across the world. For this year, Forbes recorded at 13 percent increase in the number of billionaires stating the biggest hike in their 31 year history of the Rich List.\n\n\nUnsurprisingly Bill Gates, the\u00a0man behind\u00a0technology giant Microsoft, tops the charts. Holding this position for the fourth consecutive year, Gates\u2019 total wealth is estimated to be at USD 86 billion. Not far behind Gates is Warren Buffet with USD 75.6 billion.\n\n\nThe highest ranked resident in Malaysia is Robert Kuok. At position 115, Kuok has a net worth wealth of USD 11.7 billion. Starting out as a trader in sugar, flour and rice, today his portfolio includes Kerry Properties, the Shangri-La and Wilmar, a commodities trader.\n\n\nKuok is followed by Quek Len Chang in position 202. Chang comes from a family of wealthy counterparts adding to his USD 6.9 billion pot. Although much of his wealth has been inherited from his father, Chan is today involved in finance, property and food industries through his conglomerate Hong Leong Co.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMalaysia\u2019s third richest person is Ananda Krishnan. With a wealth of USD 6.6 billion, Krishnan has been a big name in the telecommunications industry for sometime. Previously the second richest person in Malaysia, he has shares in Maxis, a telecoms company, and Bumi Armada, an oilfield services provider.\n\n\nOther big names in the top ten of Forbes Rich List are Jeff Bezos, the founder of online retailer Amazon, Mark Zuckerberg, the brains behind Facebook, and Larry Ellison, the co-founder of Oracle. The list is not to rosy for President Donald Trump who moved down 200 places this year. The slowdown of his Manhattan property portfolio cited as a potential reason for this.\n\n"} {"url": "https://www.dotproperty.com.my/blog/why-competition-is-good", "title": "Why competition is good", "body": "\n\n\n\n\n\n\n\nAn increasing number of Chinese investors in Malaysia should not be criticised.\u00a0\n\n\nThe Chinese have a reputation worldwide for buying property in every corner of the globe. The influx of buyers into any market increases values as demand outstrips supply. Much to the benefit of developers but sometimes to the misery of locals who as a result can get pushed out of the market.\n\n\nIn Penang swathes of the traditional shop houses have been snapped in Georgetown by \noverseas investors.\n\u00a0This has caused a stir by locals looking to protect its \nheritage\n\u00a0and wanting to keep values at a level that are affordable.\n\n\nHowever one real estate firm, Rahim & Co, have said that Chinese investing in Malaysian property is good for the market. This is contrary to others who have concerns relating to the number of Chinese who are investing in both residential and commercial properties.\n\n\nThe Chinese have been continuing on their spending sprees amid concerns of their depreciating currency. Looking for investments outside of the country, property in Malaysia is an attractive option due to the low values on offer.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTheir interest in Malaysian property in particular in Bandar, comes at a time when values in the country are depressed. It is therefore not surprising that the Chinese see this as the \nideal time to buy property.\n\u00a0And this Chinese interest could be one way to get the market moving again. It will increase consumer confidence which others are likely to catch onto.\n\n\nAfter all, competition is healthy.\n\n\nFebruary 20, 2017\n "} {"url": "https://www.dotproperty.com.my/blog/why-live-in-a-township", "title": "Why live in a township?", "body": "\n\n\n\nTownships tick all the boxes, and some more. \u00a0\u00a0\n\n\nThe concept of a \u2018township\u2019 is clever. The purpose is to provide residents with a level of convenience for the ultimate lifestyle. It is possible to ensure that this is achieved, and exceeded, by being designed and created to specifically fulfill this.\n\n\nUrbanisation traditionally occurs organically. Accommodation, services and transport built in response to demand. This kind of development has its pitfalls as it often happens in a haphazard fashion trying to make do what was already exists. This creates challenges for planners and developers alike.\n\n\nA township is able to address all of these issues from the outset. By monitoring how people live, it can be created to meet the differing demands of people. Nowadays there is a real desire to live among and enjoy the natural landscape around us. Plus there is a strong emphasis on conserving the world. However some are put off by living in complete rural seclusion as they lack the amenities that cities boasts.\n\n\nSetia EchoHill and Setia EchoHill2\n\n\nSetia EchoHill and Setia EchoHill2 manage to carefully blend the two. Townships that mix the elements of the highlands, woodlands and wetlands, that are situated in excess of a thousand acres of manicured surrounding. Resident\u2019s get the best of both worlds, convenience but in a rural setting. Plus they tick the green credentials box as they aim to create a sustainable ecosystem.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCybersouth\n\n\nWhen looking for a new property, whether that is for investment or your own use, there are a number of criteria that need to be met. Quality, location, accessability, longevity and security all fall onto this list. Cybersouth, a township geared to families aims to provide a home that is the ideal escape from chaotic city life, but amongst the stunning scenery that it is set in. Just 1.5 kilometres from Cyberjaya and 400 metres from the boundary of\u00a0Putrajaya, this prime location close to highly regarded schools and other everyday services, makes it the ideal place to live, work, play and study.\n\n\nDevelopers building these exciting townships are creating something that city centres cannot achieve. Space to breathe. Everything within arms reach, and primarily homes to last for now and in the future. It is no wonder why many people are choosing townships as a place to live.\n\n"} {"url": "https://www.dotproperty.com.my/blog/why-should-i-buy-my-own-property", "title": "Why should I buy my own property?", "body": "\n\n\n\nThe sooner you reach the first rung of the property ladder the better!\u00a0\n\n\nThe aspiration to own your own property is still strong among the\u00a0\nmillennial\n\u00a0demographic of society. People continue to want to own the roof over their head rather than rent someone else\u2019s. But what benefits are there to becoming a homeowner at a young age?\n\n\n1. Paying off your own mortgage.\n\n\nAs a renter you are lining your landlord\u2019s pockets rather than your own. Should they have a mortgage on the property you will be paying that off for them and possibly providing a surplus that they can reinvest or spend. Become a homeowner means you can pay off your own mortgage, so the sooner you do it the better.\n\n\n2. Make it as your own and increase its value.\n\n\nAs a homeowner your home truly is your castle. You have the freedom and flexibility to change the property to suit your taste, whether that is creating your own \nfeature wall\n\u00a0or upgrading the kitchen or bathroom. Any refurbishment to the property will also add value to the property so it is a win win situation all round. Buying a property that requires work is an advisable move for those prepared to get involved in the work to reap the financial benefits that it brings.\n\n\n3. Generates an income.\n\n\nIf you have a spare bedroom you could think about renting it out to generate a bit of an extra cash, to help with paying the mortgage or to put towards any works that are needed for the property. Some people avoid investing in their own property as they feel like it gives them less freedom to move but if you fall into this category it is important to make sure you invest in property that could rent well in the future. Speak with local real estate agents to determine what properties let well, for example if you have two bedrooms they should be of an equal size in order to appeal to two sharers.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4. The sooner the better.\n\n\nThe soon you start chipping off at a mortgage, the better. The sooner you will pay it off and the sooner you will be able to start an extra pot of savings for your next move to a bigger property. Even by starting with a small unit will give you a great footing for your future, and provides you will your own bolthole. Those that start buying property earlier in life tend to move up the ladder quicker and make money with every move.\n\n"} {"url": "https://www.dotproperty.com.my/blog/will-bali-phuket-destinations-southeast-asia-reopen-quarantine-free-travel", "title": "When will Bali, Phuket and other destinations in Southeast Asia reopen for quarantine-free travel?", "body": "\n\nA lot of people want to know when will Bali, \nPhuket\n and other destinations in Southeast Asia reopen for quarantine-free travel. With COVID-19 vaccines being rolled out globally, the hope is this will happen sooner rather than later. In fact, Bali and Phuket are tentatively expected to welcome tourists in July.\n\n\nHowever, many countries in the region are currently dealing with a third wave of infections that could delay this timeline. The situation is fluid and, as we have seen firsthand, can change at a moment\u2019s notice.\n\n\nWith that in mind, let\u2019s take a look at when several destinations in Southeast Asia will reopen for quarantine-free travel.\n\n\nAlso Interesting:\n \nDemand for Phuket luxury villas surges due to unexpected buyer\u2019s market\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWhen will Bali, Phuket and other destinations in Southeast Asia reopen for quarantine-free travel?\n\n\nBali\n\n\nIt will take some time before Bali\u2019s beaches bustle like this once more\n\n\nThe Indonesian government is scheduling a soft reopening for \nBali\n and Bintam in July. Tourists would be allowed to visit and stay in what it is calling \u201cgreen zones\u201d on each island. While plans are still being formulated, it does appear that movement is set to be restricted to these areas, at least for a few months.\n\n\nExactly who can travel to Bali may also be limited. \nTourism and Creative Economy Minister Sandiaga Uno said the country is looking to create travel bubbles with pre-approved countries\n as opposed to welcoming anyone that has proof of vaccination.\n\n\nPhuket\n\n\nPhuket is still targeting a July 1 reopening, although these plans now hinge on Thailand finding a way to control a third COVID-19 outbreak. \nThe local government continues to monitor the situation and a decision will likely be made by the end of May\n.\n\n\nIn March, the island announced fully vaccinated tourists could visit quarantine-free starting in July after initially setting an October reopening date\n.\n\n\nRelated:\n\u00a0\nThe most interesting villas in Phuket\n\n\nBangkok/Hua Hin/Samui/Chiang Mai\n\n\nMost other tourist destinations in \nThailand\n will reopen for quarantine-free travel on October 1 assuming the country\u2019s vaccination efforts prove to be successful. \nA limited number of tourists are going to be allowed to travel to Samui in July as part of a highly regulated pilot project\n.\n\n\nCertain areas of Cebu are welcoming travelers assuming they meet several criteria\n\n\nCebu\n\n\nSeveral areas around Cebu are already welcoming foreign tourists\n who have been fully vaccinated and tested negative for COVID-19 within 72 hours prior to their arrival. Overseas arrivals also require a valid visa and pre-booked accommodation for at least seven nights in an accredited hotel in order to travel to region. It must be stressed that anyone without a valid visa will be turned away.\n\n\nThe Philippines\n\n\nThere isn\u2019t a lot of clarity as to when other parts of the Philippines will reopen with several areas across the country still under quarantine orders. In May, the government allowed those with a\u00a0\nPhilippine retirement visa\n\u00a0to return throughout the country as long as \nthey followed all safety regulations\n.\n\n\nMalaysia\n\n\nMalaysia\n had been gearing up plans for a regional travel bubble with Singapore, Thailand and Indonesia, but these have been shelved with the country entering another nationwide lockdown. Whenever Malaysia does open for tourists, it does look like it will be a staged approach as opposed to letting any vaccinated visitor enter.\n\n\nMore Malaysia:\n\u00a0\n9 unique things to do in Penang\n\n\nSingapore\n\n\nA travel bubble between Singapore and Hong Kong have been delayed for a second time with Singapore now dealing with another COVID-19 outbreak\n. Originally scheduled to begin on May 26, the two countries will likely try to launch it again once the situation improves. \nThe Singaporean government hopes to reopen its border to quarantine-free travel by the end of the year\n assuming its vaccination program is successful.\n\n\nVisit Singapore:\n\u00a0\n5 things you don\u2019t know about Orchard Road\n\n"} {"url": "https://www.dotproperty.com.my/blog/will-malaysian-election-hurt-overseas-property-investment", "title": "Will the Malaysian election hurt overseas property investment?", "body": "\n\n\n\nNow the dust has settled on the Malaysian election with Mahathir Mohamad sworn in as the new prime minister, many overseas property investors are wondering what the result will mean for them. Demand from Chinese investors has been waning recently, sparking some worries, according to Cushman & Wakefield Singapore.\n\n\nOf course, this alone isn\u2019t really cause for concern. In the build up and immediate aftermath of nearly every major political event, the real estate market tends to go quiet.\u00a0 Things will usually pick back up once it is clear stability in the country won\u2019t be interrupted. Carrie Law, chief executive of Juwai.com, noted that she doesn\u2019t believe the election results will have much of a long-term impact.\n\n\n\u201cBuyers motivated by pure investment may hold back to see how events play out,\u201d \nshe told the South China Morning Post\n. \u201cHowever, most buyers are end users purchasing to study in Malaysia, work here, or retire here. They will continue to buy as long as visa and education policies remain favourable.\u201d\n\n\nAnd while Mahathir has criticised Chinese investments in the past, \ntaking a veiled swipe at the controversial Iskandar \nproject\nduring his campaign, experts believe he will protect the country\u2019s pro-foreign investment stance.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMalaysia-based political commentator Phoon Wing Keong was quoted as saying\n, \u201cMost existing Chinese-invested projects, including those by China-based developers, would continue unchanged because the new government in Kuala Lumpur needed to send a positive signal to businesses and foreign investors.\u201d\n\n\nGlut, not \nMalaysian election, a problem\n\n\nWhile the Malaysian election isn\u2019t likely to burden the country\u2019s property market, a glut of unsold residential units is something to keep an eye. Late in 2017, Bank Negara Malaysia (BNH) found the glut reached its highest point in a decade with high-end units struggling to find buyers.\n\n\n\u201cSupply-demand imbalances in the property market have increased since 2015. Unsold residential properties are at a decade high, with the majority of unsold units being in the above MYR 250,000 (USD 63,873) price category,\u201d officials from BNM explained.\n\n\nRenting\n\u00a0could prove to be a solution. Home ownership in Malaysia is viewed as extremely important, but it may not be as big of a priority with the younger generation. This group may be willing to choose location and lifestyle over ownership. This is likely to create a robust rental market and that would bring in more real estate investors looking for yields.\n\n\n\u201cIt could be time to move away from the Asian mindset on home ownership as the absence of home ownership does not imply welfare deprivation,\u201d \nCBRE-WTW managing director Foo Gee Jen explained to The Sun Daily\n.\n\n"} {"url": "https://www.dotproperty.com.my/blog/win-win-property-developers-buyers", "title": "Win-win for both property developers and buyers", "body": "\n\n\n\nThe Malaysian government granted property developers the right to provide loans to property buyers and it\u2019s a win-win for both parties.\n\n\nThe initiative is designed to assist homebuyers who are unable to get a full loan from the bank. Sometimes homebuyers are only provided with a loan to cover 70 percent of the property costs from the bank and they may only have the other 20 percent of their own funds. Allowing property developers to loan an additional 10 percent (or whatever is needed) will increase real estate purchases.\n\n\nDevelopers can charge individuals buying properties from them an interest rate between 12 percent\n (loans with collateral)\n and 18 percent \n(without collateral), \naccording to the ministry of Urban Wellbeing, Housing and Local Government.\n\n\nProperty developers have to obtain a money lending license from the ministry in accordance to the Moneylenders Act 1951 in order to lend to buyers.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe initiative creates new channels for developers to gain profit and allows those to \npurchase a home \nwho could not otherwise \u2013 it\u2019s a win-win.\n\n"} {"url": "https://www.dotproperty.com.my/blog/winners-jump-the-gun", "title": "\u201cWinners\u2019 jump the gun", "body": "\n\n\n\nThe Asia Pacific Property Awards, part of the International Property Awards, are set to take place in Kuala Lumpur, Malaysia, this week.\n\n\nSome property developers and real estate agents have already claimed they have won awards, which is correct, although the full list of winners in the numerous categories will not be released by the organisers until Saturday \u2013 after the event itself. So despite a plethora of press releases, developers and real estate agents have only been told they have won either a \u2018Highly Commended\u201d or \u201cFive Star\u201d accolade.\n\n\nA spokesperson for the International Property Awards told \nDot Property Group\n: \u201cSuccessful competitors have been told that they have won an award but do not know at what level, whether it is a Highly Commended or a Five Star.\n\n\n\u201cThe official winners will be announced on April 8 at our Asia Pacific Property Awards, with a full, complete list of winners available on our website from April 9.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cWe are unable to give full information on winners until that point,\u201d the spokesperson added.\n\n\nDot Property Group\n will be publishing a full list of Asia Pacific winners as soon as they are made available.\n\n"} {"url": "https://www.dotproperty.com.my/blog/winning-an-award-build-trust-adds-value-brand", "title": "Winning an award can build trust and add value to your brand", "body": "\n\nWinning an award has helped firms like Plus Property elevate their brand\n\n\nReal estate in Southeast Asia is one of the most diverse sectors in all the world. On the consumer side, you have the local public who are at various levels of the home buying ladder. Then you have international investors and holiday home seekers who believe in the region\u2019s potential and love the beautiful destinations.\n\n\nIt\u2019s a similar story when you look at the players in Southeast Asia\u2019s real estate industry. You have the large homebuilders that have been in business for decades, boutique firms wanting to provide specialization and new developers with passion and vision. Real estate agencies are much the same with companies of all shapes and sizes contributing to growth in the region.\n\n\nWinning an award helps build trust amongst the public while also elevating your brand. Let\u2019s take a look at some examples of how winning at the Dot Property Awards has done this for Southeast Asia\u2019s top developers and real estate agencies.\n\n\nWinning an award starts by entering!\u00a0\nClick here to enter this year\u2019s Dot Property Awards\n!\n\n\nStaying on top\n\n\nSansiri\n\u00a0is highly regarded in Thailand, but that doesn\u2019t stop the developer from building upon its past successes. Entering the Dot Property Awards provided the homebuilder with the chance to add another accomplishment to its impressive CV. Each honor Sansiri wins is a reminder to everyone that the company still strives to be the best after all these years.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cIt is a great honor for us to be recognized as Best Developer Thailand at the Dot Property Thailand Awards 2019. Winning an award is truly rewarding for our company and once again highlights the hard work of everyone at Sansiri. People from both Thailand and abroad put their trust in us and we will continue to provide the best for all our clients in terms of design, quality, service and experience,\u201d Apichart Chutrakul, Sansiri Chief Executive Officer stated.\n\n\nConfirmation of ideology by winning an award\n\n\nWilson K. Granadis (center), Vice President for Sales and Marketing, and Crystal Chloe Ong-Chua (left), Citrineland\u2019s Internal VP for Sales and Marketing, received the award from Dot Property Magazine Editor in Chief Cheyenne Hollis (right)\n\n\nMany developers in Southeast Asia are focused on an ideology that drives their efforts. For Citrineland, the firm wants to make sure it provides high-quality properties at affordable prices. Being in contention at the Dot Property Awards allows developers such as Citrineland to receive recognition for committing to an ideology and delivering on promises.\n\n\n\u201cWinning Best Developer in Cebu at the Dot Property Philippines Awards confirms that our advocacies are very much aligned with that of the discerning customers. It means we are doing the right thing and it inspires us to build more and build better so more Cebuanos would be able to enjoy the perks of having homes of good quality at affordable price points,\u201d Crystal Chloe Ong-Chua, Citrineland\u2019s Internal VP for Sales and Marketing, explained.\n\n\nBuilding credibility and creating motivation\n\n\nAnchor Land Holdings, Inc. President Elizabeth Ventura (center) accepts the firm\u2019s awards from Dot Property Group Founder Ben Neve (right) and Sunniya Kwatra, Dot Property Head of Sponsorship Sales\n\n\nThose firms that do win at the Dot Property Awards benefit both in the eyes of the public as well as internally. Being an award winner rewards everyone at a company for their contributions during the year. It can also be a source of motivation for staff to perform at an even higher level moving forward.\u00a0The double benefits of winning is something not lost on former winner \nAnchor Land\n.\n\n\n\u201cIn the local market, credibility is key. It gives people a reason to believe in us and what we are doing. That is just one reason winning this award is important. Another reason it is important is that winning motivates us to do better. Everyone at Anchor Land understands that we must keep improving to ensure we are meeting the needs of our clients,\u201d Anchor Land Holdings, Inc. President Elizabeth Ventura said.\n\n\nWant to be considered for 2020?\u00a0\nClick here to enter this year\u2019s Dot Property Awards\n!\n\n"} {"url": "https://www.dotproperty.com.my/blog/workplace-of-the-future", "title": "Workplace of the future", "body": "\n\n\n\nA new report from real estate firm JLL has revealed that more and more companies are using the design of their work spaces to express their company culture and values to employees.\n\n\nRather than the faceless cubicles of the past, today\u2019s offices are being designed to engage workers, drive financial benefits and grow business performance.\n\n\n\u201cCompanies have spent a significant amount of time refining strategies to increase engagement through the efficiency of their workplace and effectiveness of their employees,\u201d said Grant Morrison, Director of Workplace Strategy, Asia Pacific, JLL.\n\n\n\u201cBut many are realising they may have been undervaluing the only resource with unlimited potential \u2013 their workforce. In response, we\u2019re seeing a trend toward looking at organisational culture and creating workplaces with a personality and expression to match, thus making employees more likely to be engaged when they spend time in the office.\u201d\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe benefits of an engaged workforce and the problems associated with disengagement are well-documented. Recent studies peg the cost of disengagement in the U.S. at US$ 450 billion to US$ 500 billion per year. Conversely, research shows organizations with engaged employees experience almost 150 percent higher earnings per share compared to their competition. Companies that have taken the next step, however, are reaping even more benefits. Those who actively developed their culture returned more than 500 percent higher revenue and 750 percent higher income.\n\n\nJLL\u2019s report, Fully Engaged, introduces the concept of \u201cworkplace expression\u201d as being the final piece of the \u201c3 E\u2019s\u201d of employee engagement. Significant gains have been made over the last two decades in the first two \u201cE\u2019s\u201d \u2013 efficiency and effectiveness. Adding the final piece \u2013 expression \u2013 to the mix can create a dynamic and compelling environment that reconnects employees to their purpose, directs renewed energy and engagement, while driving innovation and productivity to new levels.\n\n\n\u201cWould you bring your best friend to your office?\u201d asked Morrison.\n\n\n\u201cThe answer to that question is very telling. Culture is intangible and hard to actively measure, yet it\u2019s easy to sense when you walk into an office. Workplace expression shifts the office from being a passive background to an active cultural lever used to shape employee perceptions, motivations and behaviours. Allowing it to become a location where a company\u2019s vision and mission manifest itself can easily transform a place to work into a best place to work.\u201d\n\n\nMorrison added: \u201cThis is particularly relevant to companies in Asia given that many countries in the region are battling with high attrition rates among staff and a highly competitive environment to recruit the best candidates. Workplace is increasingly a key differentiator.\u201d\n\n\nAccording to the report, four principles to consider when creating a powerful workplace expression include:\n\n\n\n\nA deliberate office design that allows cultural values to inform, direct and generate employee engagement.\n\n\nA combination of office design, objects and systems to show the company appreciates its people and the contribution they make.\n\n\nAn environment that empowers employees by giving them choice in their daily work habits.\n\n\nAn atmosphere that boosts internal buy-in and direction.\n\n\n\n\nDownload the \u2018Fully Engaged\u2019 report here.\n\n"} {"url": "https://www.dotproperty.com.my/blog/wsbe17-hong-kong-highlights-best-sustainable-building", "title": "WSBE17 Hong Kong highlights the best in sustainable building", "body": "\n\n\n\nJointly organised by the Construction Industry Council (CIC) and the Hong Kong Green Building Council (HKGBC), WSBE17 Hong Kong will take place on 5-7 June 2017 at the Hong Kong Convention and Exhibition Centre. The event will bring 1,800 industry experts from 50 countries together and offer an opportunity for delegates to \u201cPut Ideas into Action\u201d and transform the world\u2019s built environment.\n\n\nWSBE17 Hong Kong is the first-ever SBE Series\u2019 world conference to be held in Hong Kong. The theme for the event is \u201cTransforming Our Built Environment through Innovation and Integration: Putting Ideas into Action\u201d. Activities scheduled include 100 parallel sessions, exhibitions with business matching, an international youth competition, green building & eco tours and networking opportunities.\n\n\nThe three-day showcase is seen as the ideal platform for key decision makers to gather and explore the latest developments in the sustainable built arena. Some of the biggest policymakers, global figures and leading experts, such as Matthew Cheung Kin-chung, Su Yunshan, Christiana Figueres, Peter Guthrie, Thomas Auer and Raymond Cole, will be in attendance.\n\n\nWSBE17 Hong Kong brings together the top findings from 20 regional conferences held worldwide last year, allowing 400 business professionals and academia to present their cutting-edge findings to those in attendance. Climate change and sustainable development will be among the key topics disused.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nClick here to find out more\n\n"} {"url": "https://www.dotproperty.com.my/blog/yangon-agent-buyers-beware", "title": "Yangon agent: buyers beware", "body": "\n\n\n\nThe Yangon residential property sales market is in a very different condition from this time last year according to \nresearch from real estate firm Slade Property Services\n.\n\n\nThe amount of new projects being launched has skyrocketed, and blue construction hoardings are now a familiar sight around the city however, during the past six months this increase in available units has been matched with a marked decrease in take-up, with the market undergoing a noticeable slowdown.\n\n\nThis is partly due to an oversupply of stock, as the Law continues to restrict the majority of real estate purchases to Myanmar citizens, but there is also a marked climate of uncertainties having a negative effect on buyers\u2019 sentiment.\n\n\nThe firm explored these factors in more depth below.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCURRENT AND FUTURE SUPPLY\n\n\nWe have seen a continuation and expansion of the trends that began to surfacein 2014, namely the launch of many new residential projects. In 2014, the market saw 4,150 new residential units, itself a large increase on 2013 stock. During 2015 the number of new units brought to the market was up almost 150 percent on 2014\u2019s tally, with more than 6,000 new units being launched since the start of the year.\n\n\nOut of all of these new projects, it is our understanding that only one or two schemes are fully-funded.\u00a0 All the others are relying on pre-sales to raise the capital with which to complete, or even commence, construction. In a market with a large consumer base this would not be a problem\u2019 however the Myanmar market is extremely limited in its potential sales base for a number of reasons.\n\n\nFirstly, until now only Myanmar citizens have been able to buy property. A Condominium Law, which will allow foreigners to buy up to 40 percent of units in condominium towers, has just been passed in parliament however it is yet to be signed by the President. It is not yet clear exactly which projects will fall under the law\u2019s definition of a condominium.\u00a0 It seems unlikely that many existing or pipeline schemes will benefit from this new law.\n\n\nSecondly, only a limited number of Myanmar citizens possess sufficient capital to buy real estate. As a result of this limited sales base, supply is outstripping demand and it is unlikely that all of the units currently on the market will be sold. Without the necessary uptake those schemes relying on pre-sales may never complete, or even begin construction. Slade Property Services predicts that in the next six to twelve months, we will see the failure of several of these schemes.\n\n\nSuch a turn of events will spook the market in the short-term but will also prove advantageous to those projects which already have funding in place, as long as they can get the message out that they are secure investments. For this reason a strong and clear marketing campaign is essential to a successful project.\n\n\nSALES PRICES AND TAKE-UP RATES\n\n\nThe average price for a unit in projects launched during 2015 was US$ 368 per sq ft (based on an exchange rate of 1,285 MMK: 1 US dollar). At the same time the average size for a unit was more than 2,500 sq ft. Developers continued to prefer building very large, family-sized units, with three or more bedrooms.\u00a0 When these two factors are combined, and the price per sq ft is applied on this large scale, many units end up costing as much as US$ 500,000 and this puts them out of the reach of all but the richest Myanmar citizens. Despite this fact, we have not observed any significant decreases in prices at most projects over the last year, and this could be seen as a contributory factor in the current slow take up rate for residential real estate.\n\n\nIndeed the relative success of the HAGL project, which has achieved almost 40 percent take-up of its first two towers, could logically be attributed to its comparatively low prices (both on a per sq ft and an overall basis.)\n\n\nMARKET SENTIMENT\n\n\nIn our opinion however, oversupply and high prices only go so far to explain the current market immobility. More influential, we feel, is an underlying climate of uncertainty. This uncertainty takes many forms.\n\n\nFirstly, buyers and developers are facing uncertainties regarding land title. Freehold is a rare commodity in Myanmar, but there is currently no real clear legal differentiation between land and building title, so it has frequently been unclear what product the buyer is actually purchasing, leaving many investors with a different product from that advertised.\n\n\nMore recently, projects such as HAGL have successfully marketed properties on a 70-year BOT long lease, making it very clear to buyers what they are purchasing. This sort of approach gives investors piece of mind and the ability to plan their portfolios over a defined period of time.\n\n\nDespite this fact, however, investor and buyer confidence has recently been severely shaken by the cancellation of five projects close to the Shwedagon Pagoda in central Yangon. The most prominent of these were Dagon City 1 and Dagon 2, both located on Ministry of Defense BOT land.\n\n\nDespite receiving planning permission and commencing pre-sales, the projects sparked concerns by the public that views of the pagoda would be blocked, and that the developments would undermine the foundations of the pagoda. In the face of planned demonstrations across the country, led by hardline nationalist monks, the President ordered the projects\u2019 cancellation.\n\n\nCompensation and an alternative site have been promised to the developers and buyers, but until the details of this are finalised and announced a great deal of nervousness and uncertainty remains.\n\n\nThis is likely to have an impact the sales rates at all developments in Yangon, particularly those being funded by presales, and those on BOT land.\u00a0 It remains to be seen how severe this impact will be and how long this negative sentiment will remain.\n\n\nAn additional, albeit temporary, factor in the slowdown of interest was the period of Buddhist Lent beginning in July. This three month period of devotion and religious reflection is traditionally a time when it is rare for Buddhists to move house or make real estate purchases. This had a noticeable impact on the number of sales taking place in the market during Q3 2015.\n\n\nAnother factor causing purchasers to hold back was the election and its aftermath.\u00a0 In the run-up to the vote it was by no means clear what the outcome would be, and even now that the results have been released many uncertainties remain, as the Myanmar system lays out a timeline of several months for the forming of government and the selection of a President.\n\n\nBoth major political parties have promised to continue the country\u2019s economic reforms and current pro-business attitude, but until the new NLD-lead parliament sit, and starts to outline its policies, buyers are likely to remain cautious.\n\n\nFinally, the year-long devaluation of the Myanmar Kyat in relation to the US Dollar is causing many buyers to hesitate. The exchange rate has dropped almost 30 percent from around 1,000 MMK:1 US$ to 1,290 MMK:1 US$ in the space of less than a year. As a result, those apartments priced in US dollars are becoming more and more expensive in real terms to those Myanmar citizens who are paid in their local currency. This is particularly worrying for schemes with staggered payment plans, as buyers have no way of predicting how much each future payment installment will be worth in real terms. With some payment plans lasting over a year, and the rate continuing to rise, buyers are afraid that they will end up paying much more than they originally budgeted for when agreeing to buy the unit.\n\n\nThe Central Bank has recently introduced some new measures to combat the weakening of the Kyat, and exchange rates have fallen a small amount already, so it is hoped that this will not be a long term problem. However in the meantime, developments quoting prices in Myanmar Kyat, or applying a set US dollar exchange rates for all future payment installments will attract more buyer confidence than those continuing to charge the same price in US dollars today as at project launch.\n\n\nWhilst no one issue is in itself entirely problematic, the combination of all of these factors is proving extremely damaging to the residential property market. Whilst some factors, like the election, will hopefully diminish in time, other issues such as the Myanmar Kyat devaluing can, and should, be targeted directly to lessen its impact.\n\n\nFUTURE RESIDENTIAL MARKET OUTLOOK 2016\n\n\nThe future looks set to continue many of the trends begun during 2015. More projects are due for launch and the number of potential purchasers remains static, at least for the time being. The Condominium Law has been passed by parliament sooner than expected, but until it is signed into law by the President it is difficult to predict what impact it will have on the market.\n\n\nThat said, we have already noticed a sudden spike in residential uptake and interest from Myanmar citizens hoping to benefit from the future implications of the law.\n\n\nSimilarly, it is impossible to predict what policies the new NLD-dominated parliament will introduce, and what impact these will have on the residential market. The NLD has promised to continue economic reforms once in power, but the speed of any changes may not be very fast, particularly as the NLD is unused to governing. As a result, we predict a slow initial six months of 2016 before any significant changes occur to alter the economic or business environment.\u00a0 In this climate, a prudent developer would do all in its power to reassure the public that it remains a safe and stable investment.\n\n"} {"url": "https://www.dotproperty.com.my/blog/yangon-to-see-a-stable-year", "title": "Yangon to see a stable year", "body": "\n\n\n\nOver past years Myanmar\u2019s economic capital of Yangon has enjoyed a flurry of real estate activity following the loosening of military rule and a gradual process of liberalisation however, 2015 proved to be a fairly quiet period for the city\u2019s real estate as the market cooled in the run up to November\u2019s elections.\n\n\nThe torrent of foreign investment slowed, causing office rents to slide and residential sales to come to a halt, according to real estate firm JLL.\n\n\nAndrew Gulbrandson, Head of Research and Consulting for JLL Thailand who is responsible for coordinating much of the firm\u2019s ongoing consultancy work in Myanmar, said: \u201cAfter peaking near US$ 100 per sqm per month in mid-2013, Grade \u2018A\u2019 office rents have since tumbled by between 35 percent and 40 percent as new supply has entered the market, yet despite the decline in rents, occupancy has fallen, most noticeably in existing projects.\u201d\n\n\nObservations by JLL showed most tenants have sought less expensive accommodations in newer non-prime buildings, and other alternatives such as villas, hotels, and retail centres, while some have left the market.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u201cBased on feedback from our clients in the country, many occupiers are still in the wait-and-see mode adopted before the election. As a result, it\u2019s likely that the first half of 2016 will be relatively quiet before activity picks up in the second half when the new administration is in control,\u201d said Gulbrandson.\n\n\nForeign investors have played an important part in the early development of Yangon\u2019s real estate markets with investment coming from all over Asia; from well-known developers based in Singapore, Korea, and Japan to lesser known but equally impactful investors from Thailand, Hong Kong, China, and Vietnam.\n\n\nThe market is also attracting investment from more global investors, including the International Finance Corporation (IFC), the private sector arm of the WorldBank.\n\n\nTo date IFC has disclosed investments totaling almost US$ 200 million in project specific engagements such as the Shangri-La Hotel and Executive Residences, as well as entity-level investments such as the recent USD 25 million loan to CityMart \u2013 Myanmar\u2019s leading supermarket operator.\n\n\n\u201cBased on recent discussions with clients, foreign interest across sectors in Myanmar is still very high. However, with numerous limitations in a number of sectors, but most pertinently, banking, we may see lower levels of foreign investment in 2016 than in previous years,\u201d added Gulbrandson.\n\n\nLooking ahead, Gulbrandson said he believes that 2016 will be a year of moderation, and perhaps even stabilisation, in the city\u2019s real estate market as a whole.\n\n\n\u201cThough many challenges remain, we believe the outlook for this dynamic landscape in 2016 to be positive.\n\n\n\u201cSo far, the formation of the new government has been smooth, easing concerns over the post-election political uncertainty. Ongoing ambiguity over the structure of the new Government that has built up legislative backlog affecting a number of regulations should be eliminated when the new government is formed.\n\n\n\u201cBusiness activity that has been held due to these concerns should resume and should help encourage demand in Yangon\u2019s rea estate market.\n\n\n\u201cIn addition, a more cautious approach that investors and developers have taken should lead to a decline in future development project launches, allowing the existing supply to be gradually absorbed,\u201d he explained.\n\n"}