This is the most unique property investment opportunity in Bangkok

Finding 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.

RE/MAX Executive Homes is currently representing a unique property investment opportunity in Bangkok that is part of the city’s identity. This house was built in 1932 and has been a landmark in Talad Phu for nearly nine decades.

But it’s not the age that makes this property so rare. There is a rich history behind the residence that makes it part of the city’s 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.

Related:

Find your perfect Bangkok CBD property with the award-winning RE/MAX Executive Homes

The story behind this Bangkok heritage property

Dr. Kim built the house in 1932 and it has remained in the family

In 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.

Despite 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.

Dr. Kim would raise his five children at the house with his eldest son, Colonel Boonrod “Rod” 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.

Both 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.

A unique property investment opportunity in Bangkok

The land plot the house sits on can support additional structures

The 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’s rich history.

For 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.

Not only is this property brimming with a potential, but it provides the chance for investors to help maintain and share Bangkok’s 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.

Simply 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’t let this chance to do something remarkable pass you by.

This property is listed with RE/MAX Executive Homes and will only be sold to a caring owner who plans on preserving its history.
Click here to learn more about the property
. For more information, you can contact Khun Tanatporn Komasatit directly at
[email protected]
 or call +66 98 184 4745.


Moving forward with plastics

Photo/NOAA - It's important to both stem the flow of plastics into the ocean and cleanup what's already there

Plastics 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. (
Click here to read part one
/
click here to read part two
).

There are two key areas that must be addressed when it comes to plastic waste in the world’s 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’s start with the latter.

“People 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, ‘Are we doing enough?’ We need to keep finding ways to reuse, recycle and recover plastics,” Dr. Vincent Aloysius, INSEE Ecocycle CEO says. “The goal is for no plastics to end up in the landfill. If landfills don’t contain plastics, a key source of leakage can be eliminated.”

Extracting 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’t a local or even a regional problem. It’s a global issue.

Earlier 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’t always prove to be effective in Southeast Asia.

According 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.

“The 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,” Toulon told Thai media last year. “We also learnt from our campaigns that local communities have great potential to efficiently manage locally generated waste.”

Taking plastics out of the ocean

Photo NOAA / A look at the Great Pacific Garbage Patch

Action to stop plastic waste leakage continues on land, but removing what’s already in the world’s 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’t up to the task.

The 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’s 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.

One thing to remember, plastic itself isn’t 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.

“We shouldn’t demonise plastics. It is an important invention that has improved daily life. The goal isn’t to create a plastics-free world because it is a material that benefits society,” Dr. Aloysius says. “We must focus on responsible usage, thorough recycling and improved disposal techniques.”


Moving home made easy

Move home like a breeze with these top tips.

For 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.

1. Have a good sort out.

Comb 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’t 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.

2. Organisation is key.

Planning 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.

3. Perfect packing.

You 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.

4. International movers.

International 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’s 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’t get stuck in customs whilst checks are carried out, or worst still, disposed of.


MQDC leads the ways with five honors at the Dot Property Thailand Awards 2021

This article appeared in the most recent issue of Dot Property Magazine.
Click here to read it
!

Developer of The Year Thailand 2021

Thailand People’s Choice Award for Project of the Year 2021 – The Forestias

Best Green Development – The Forestias

Best Innovative Development – The Forestias

Best Sustainable Residential Development – The Forestias

Magnolia Quality Development Corporation (MQDC) has never been afraid to think differently. Ambitious developments, such as
Whizdom 101
, introduced never before seen concepts to the Thailand real estate market.

The firm’s efforts in 2021 were driven by continued work on The Forestias, MQDC’s 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’s Choice Award for Project of the Year 2021.

MQDC was also presented with the Dot Property Thailand Awards’ 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’s largest real estate showroom for The Forestias and set sales records for the mixed-use development’s seven residential projects.

The Forestias won four awards last year

Khun 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.

Related:

This developer is building a forest in Bangkok

Between the overwhelming sales performance and winning four project awards in 2021, The Forestias has proven to be a rousing success. Of course, this isn’t the first time the project has been honored. It took home Best Green Development at the Dot Property Southeast Asia Awards 2019.

According to MQDC, the project was designed based on the public’s preference for wanting to live around green spaces and nature along with a desire to promote health and well-being for residents.

“Green 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 ‘sustainnovation’, we are finding technological solutions that can reduce power generation, traffic and resource consumption at the site,” MQDC Chief Executive Khun Visit Malaisirirat said. “The 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.”

Best Innovative Development – The Forestias

This 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 “New Normal”. MQDC has been extremely agile and responsive in identifying trends and adapting its projects to support those requirements.

“An interesting example of how the COVID-19 crisis is accelerating trends already under way is in ‘intergenerational’ living,” Khun Visit explained. “MQDC 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.

During 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.


How much interest was there for housing in Thailand’s resort areas last year?

This article on housing in Thailand’s resort areas appears in the Dot Property Group Thailand Real Estate Year in Review.
Click here to download the full report
.

Interest in housing varied across
Thailand
’s 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.

The 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.

Foreign 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.

Related:

The most amazing WFH villas in Phuket

Housing 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.

Three-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.

In 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.

Watch:

Southeast Asia’s Most Underrated Beach Destinations

Download your copy of the Dot Property Group Thailand Real Estate Year in Review!


Muji takes on interior design in Southeast Asia starting with Bangkok

Muji shops remain incredibly popular throughout Southeast Asia. From Bangkok to Jakarta and Singapore to Manila, you can’t miss the Japanese lifestyle brand’s 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.

Muji 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.

“As 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,”
Vittakarn Chandavimol, chief of business group for condominiums at AP, told the Bangkok Post
.

He continued, “In addition to the Japanese concept of product strength and simplicity, Muji’s 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.”

Many of Muji’s 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.

Muji has developed a strong following in SE Asia with stores in Singapore, Malaysia, Thailand, the Philippines and Indonesia

Another one of the company’s strength is its use of natural materials and muted colours for its products. The brand does this so residents can enjoy a simple, sustainable lifestyle that is adaptable to each individual while still creating memorable interiors.

Of course, Muji-inspired condominium designs aren’t limited to Bangkok. In Singapore,
a couple spent SGD 60,000 USD 45,400 with Muji principles and products at the heart of its interiors
. Meanwhile, the brand is set to open its first hotel in the Chinese city of Shenzhen this year with
properties in Beijing and Tokyo schedule to welcome guests in 2019.
 Muji will design each hotel while a third party will handle operations.

Back 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.


It’s nearly time for the Dot Property Southeast Asia Awards 2022

Join us for an amazing evening along Bangkok's riverside

The 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’s best and brightest scheduled to attend.

Will you be joining them at property’s 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.

Submit your entry for the Dot Property Southeast Asia Awards 2022 today
!

After 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.

Not 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
[email protected]


All you need to know about the Swiss-Watch standard home

Orando Holdings creates a new standard of home in KL

Anyone 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,
Swiss watches have been seen as the gold standard for time keeping
. Now there is one developer in Malaysia who is bringing that legendary quality to residences.

Orando Holdings Sdn Bhd has built its reputation as a developer on crafting homes of a Swiss-watch standard. However, if you don’t own a Swiss watch, or do and maybe don’t understand what went into it, this terminology might not mean much, but it should. Here’s all you need to know.

What is a Swiss-watch standard home?

According 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’s lifestyle needs. Much like a Swiss watch, a painstaking amount of thought and manpower goes into Orando Holdings’ projects ensuring they are of the highest quality.

What are some of the benefits?

There 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.

What do these homes look like?

A 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.

Units 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.

Find out more about the Swiss-watch standard home at

www.lavilekl.com


New category for Dot Awards

Dot Property Group, Asia’s fastest-growing property portal group, has a new category to its inaugural Awards which are set to take place later this year.

In addition to the “
Best of the Best Residences in Southeast Asia 2016
”, last week the Group revealed it also be searching for the ‘Best of the Best Serviced Offices in Southeast Asia 2016” to tap the growing demand of quality offerings in this sector throughout the region.

Alva Horgan, Managing Director for Dot Property Group’s Emerging and Frontier Markets, said: “These 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 ’Best of the Best Serviced Offices in Southeast Asia’ Awards will shine the spotlight on the best offerings”.

The closing date for both
Awards
 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.

For more information:
[email protected]


New global safe haven

Malaysia is tipped to experience increased interest thanks to its safe haven status.

The unexpected political events of 2016 of Brexit (Britain voting to leave the European Union) and
Donald Trump
 becoming the next president of America may impact Malaysia’s 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.

However, 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. This could strengthen Malaysia’s already strong reign as the Asian safe haven.

The country’s 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’s low interest rates are already drawing in investors as access to funds is straightforward and the cost of borrowing is quite low.

The sentiment across the market is that Malaysia’s economic environment is ideal for
foreign investors
. 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’ agendas.


New Kuala Lumpur luxury condo hits milestone

Star Residences, a new Kuala Lumpur luxury condo, held a topping up ceremony in October

Star 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.

The 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.

Work 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.

The main construction partner on Star Residences is Samsung C&T, one of Korea’s leading conglomerates. It has notably worked on several high-profile global projects including the Burj Khalifa in Dubai, the world’s tallest building, and Malaysia’s Petronas Twin Towers.

New Kuala Lumpur luxury condo officially topped-up

The topping-up ceremony was attended by Tan Sri Azman Yahya, Chairman of Alpine Return Sdn Bhd, Dato’ 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.

According 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.

“I’m immensely proud of this milestone with zero accident, consistent quality standard and site safety standards,” Tan Sri Azman said in a press release.


New look Pattaya truly offers something for everyone

Lazudi Consultants Steffen Heitman (left) and Tommy Almond (right) say Pattaya is rapidly improving

When Pattaya welcomes arrivals from overseas once more, they may be surprised with what they see.
Nearly THB1 billion has been spent redeveloping beaches and public areas
 in a bid to make the region more attractive. The results are a sight to behold.

“The beaches across the Eastern Seaboard are now clean. Even Jomtien Beach is clean, and people are out there swimming in it. That wasn’t something you would see a few years ago,” Tommy Almond, Lazudi Consultant, explains.

These cleanup efforts align with the region’s 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.

“There 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,” Lazudi Consultant Steffen Heitman notes.

Infrastructure 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.

“When 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,” Steffen reports.

Of course, this isn’t 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.

“Pattaya 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,” Tommy says. “These efforts are different from past attempts. There seems to be more commitment to see this transformation through to the end.”

Growing appeal of Pattaya extends to real estate

Once driven by condominiums, demand for Pattaya real estate has shifted during COVID-19

The 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.

“We 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,” Tommy states.

He 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.

“We 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,” Steffan reports.

Developers 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.

“You 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,” Tommy says.

Gearing up for reopening

While 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.

“People are already making plans to return. It’s not going to be a slow build. There will be an influx of arrivals to the Eastern Seaboard,” Tommy says. “Clients tell us how excited they are to come back. Those who haven’t bought real estate have a shortlist of properties they want to see when they get here. And I don’t even think we are scratching the surface yet.”

Earlier 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.

“Price 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,” Steffan points out. “Prices will rise once tourism restarts so there are benefits to making a decision now as opposed to waiting.”

For more information:

Steffen Heitman & Tommy Almond

[email protected]
 &
[email protected]

Property For Sale in Pattaya


“New Normal” sees retailers rethink their real estate approach in Thailand

Khun Jariya Thumtrongkitkul, CBRE Thailand Head of Retail, Advisory & Transaction Services, says retailers in Thailand are looking beyond malls

Restrictions may be easing across Thailand but the legacy of the “New Normal” 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.

“Retailers 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,” Khun Jariya Thumtrongkitkul, CBRE Thailand Head of Retail, Advisory & Transaction Services, explained.

Flexibly 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’s notice.

“Non-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,” Khun Jariya stated.

Also Interesting:

Frasers Property Thailand unveils plans for a ‘Sandbox Community’ mixed-use project

However, 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.


New project redefines luxury in Melbourne

For decades Malaysian property buyers considering an international acquisition have turned to Australia. According to Australia’s 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.

The 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’s renowned educational institutions. There are also property investors from Malaysia who see Australia as the perfect market. Whatever the reason, Malaysian property buyers can’t get enough real estate Down Under.

Luxury 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
Capitol Grand
. 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.

The 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.

“Capitol Grand will change the face of Melbourne. We are thrilled to partner with Bates Smart to bring this six-star lifestyle destination to life,” LK Property Group Executive Group Chairman, Larry Kestelman says. “The 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.”

Other luxurious facilities at Capitol Grand include a state-of-the-art gymnasium, a 25-metre lap pool and gardens designed by
Australia’s premier landscape architect Jack Merlo
. 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.

There is also a
three-storey retail space
 that will showcase the world’s most desirable brands and will serve as the perfect pairing for the upscale residences.

For more information, please visit: capitolgrand.com


New service residences come to Malaysia

Titijaya Land Berhad and Ascott Limited joint venture in Penang and Glenmarie, Shah Alam.

Developer 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.

Titijaya 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.

“Ascott 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”, says Phil Lim, Malaysia’s country general manager for Ascott, “We will bring our expertise into these two prestigious developments by Titijaya”.

As a result of Ascott’s impressive occupancy track record and reputation, Lim Poh Yit, Titijaya’s group deputy manager, is; “Confident 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’s global platform, professional management and marketing roadmap”.

There 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.


New survey finds investment sentiment towards Asia Pacific real estate remains positive

Most 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.

“Despite 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,” the CBRE 2022 Asia Pacific Investor Intentions Survey explained.

It continued, “The 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.”

In Southeast Asia,
Singapore
 and
Ho Chi Minh City
 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.

Read More:

Colliers predicts a Philippine office market turnaround in 2022

Logistics 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.

Meanwhile, 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.

Finally, 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.

Related:

“New Normal” sees retailers rethink their real estate approach in Thailand


New trends in Chinese investment

As 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.

Real estate firm
Knight Frank, in its new report ‘China Outbound Real Estate Investment report: New Waves, New Destinations’
 has examined the outbound investments of Chinese investors amidst the uncertainties in the Chinese market going into 2016.

The recent RMB devaluation and stock market turbulence have contributed to the market uncertainty and increased investors’ 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.

Key trends of Chinese outbound investment

Despite 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.

In 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.

Global 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.

Large 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.

Where and what are they investing?

Paul Hart, Executive Director, Greater China, said: “The 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.”

During 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.

For 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’s tech villages. Although relatively expensive, London delivers consistently good, demand-driven rental growth, making it attractive for investors in the coming 12 months.

In 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.

During 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).

Paul Hart believes that Chinese investors will continue be interested in the traditional gateway markets however, the advent of the “Belt and Road” policy will also direct Chinese institutional investors to focus on economies that have close geographic and economic ties with China.

Beneficiaries 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.

David 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.

Going forward, this means ample opportunities for gateway markets and key regional hubs noted Knight Frank.


A new twist on a Bangkok icon provides the most luxurious residential experience in Bangkok

Dusit Thani Bangkok is a name synonymous with luxury in the Thai capital. Work continues on the hotel’s redevelopment with Dusit Central Park among Bangkok’s 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.

Dusit 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.

This 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’s legacy for another 50 years.

“Everyone 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,” Khun La-ead Kovanvisaruch, Chief Executive Officer at Vimarn Suriya, stated.

From 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.

“We 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,” Khun La-ead explained. “For us, a combination of everything is important. The health and the wellbeing of residents combined with the physical luxury elements come together here.”

Dusit Residences was named Best Ultra Luxury Residence at the Dot Property Southeast Asia Awards 2022.
Read more about the winners here
.


New villa project builds a sense of community, wellbeing and green space in Thailand

There is no shortage of upscale housing in Phuket. However, these projects aren’t 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.

During a recent
Dot Property Thailand Awards site visit
, our team was provided with the opportunity to speak with the developer behind Villa Qabalah. Here’s what we learned.

1) An ode to nature

People 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’s 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.

Firstly, 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.

Inside 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’re talking about up, down and all around.

That’s 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.

And 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.

2) Bringing people together

Despite 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.

Fostering 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.

In 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’Clock, it’s part café, part co-working space, part bar, part community center and part nature retreat.

The 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.

3) The Breathing Place

One of the concepts behind Villa Qabalah is “The Breathing Place”. 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.

But so too do the wellness amenities. A yoga studio and sauna are among the other areas that help make this “The Breathing Place”.

Villa Qabalah is a new type of Phuket project

Villa 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’Clock ensure people can connect with one another.

This new villa project is bringing a much-needed concept to Phuket’s 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.

Related:

Amazing Phuket villas that are perfect for WFH


New Year tips for landlords

We’re 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 – Leaders – has compiled a list of the top five resolutions that should be on every landlord’s list this New Year.

Get your tax affairs in order

If you haven’t 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,

Get up to date with legislation

Last 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.

Refresh your property

Get 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.

Organise your paperwork

It’s no one’s favourite job but it’s 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.

Make the most of opportunities

Despite 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.

Dot Property Group
 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.


Newest issue of Dot Property Magazine offers unmatched interviews and insights

Dot 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.  You can download the latest issue
right here
!

Want 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.

Cover Story – Thailand real estate’s next big thing

Backed by a strong local economy, significant infrastructure investment and a lifestyle people love, Thailand real estate’s next big thing is Khon Kaen and developer 8Villas is at the forefront of this movement. We explore the homebuilder’s work in this up-and-coming part of the country as well as what makes the region ideal for property investment.

Click here to keep reading

Special Feature – Lombok’s future remains bright as more people look to enjoy its unrivaled island lifestyle

Anyone who has ever visited Lombok speaks glowingly of the island’s 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 “New Normal”, the appeal of Lombok will only grow.

“Lombok 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,” Tom Merrett, Founder of Reef Property Lombok, explained to Dot Property.

Click here to keep reading

Special Feature – As the Australian property market recovers, Crown Group believes sustainability of wellbeing sets it apart

Australia’s 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.

The “New Normal” 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.

Click here to keep reading

Awards – Innovative Dot Property Southeast Asia Awards 2020 honors region’s best real estate

The 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’ Dinner at The Reverie Saigon in Ho Chi Minh City.

Click here to learn more about the winners

How to read Dot Property Magazine

Dot Property Magazine, Asia’s premier real estate magazine, is out now. You can read it online by
clicking here
. If you prefer to read it on the go, download the FREE Dot Property Magazine app. You can find it in the
Apple Store
 and
Google Play
.


Newest issue of Dot Property Magazine released

Dot 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.  You can download the latest issue
right here
!

Want 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.

Cover Story – Bridge Estate becomes one of Thailand’s Best Real Estate Agencies

Bridge 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’t being offered in Thailand.

This article won’t be published online until Jan. 4.
Click here to read it in the magazine
.

Special Feature – Understanding the legal aspect of houses and villa ownership in Thailand

Foreign 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’t sit well with many buyers. There are other options available, including purchasing it via a Thai registered company.

However, 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.

Click here to keep reading

Awards – Dot Property Thailand Awards 2020 winners announced

After a year full of challenges, the Dot Property Thailand Awards 2020 were a chance to celebrate the industry’s resiliency and show things are returning to normal.
Click here to learn more about the winners
.

Awards – Dot Property Vietnam Awards 2020 puts spotlight on innovation

Hope, 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
you can read about them here
.

How to read Dot Property Magazine

Dot Property Magazine, Asia’s premier real estate magazine, is out now. You can read it online by
clicking here
. If you prefer to read it on the go, download the FREE Dot Property Magazine app. You can find it in the
Apple Store
 and
Google Play
.


The newly rebranded residential arm of Frasers Property Thailand announces big plans

Frasers Property Home Chief Executive Saenphin Sukhee (far right) with the Frasers Property Thailand Management team

The 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.

Golden 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.

“The 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,”
Frasers Property Home Chief Executive Saenphin Sukhee told the Bangkok Post
. “Condos aimed at foreign buyers will have more potential, stimulated by the longer-term visa the government is offering.”

Frasers 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.

There 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.

Frasers Property Thailand celebrated for The PARQ

Looking beyond the residential property segment, Frasers Property Thailand was recognized at
the Dot Property Thailand Awards 2020 with the Special Recognition Award for Green Innovation for The PARQ
.

The 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’s footprint.

“The Special Recognition Award for Green Innovation is a validation of our vision brought to life – to become Thailand’s leader in Green Innovation and Sustainability. Today, The PARQ is on track to become Thailand’s first LEED and WELL certified commercial building through the successful collaborative development efforts of both TCC Assets and Frasers Property,” Khun Kamolnai Chaixanien, Director at Kasemsubsiri, proclaimed. “We are humbled by this recognition and look forward to continue to raise the standards of Green Innovation and Sustainability in Thailand and beyond.”


The next China? ASEAN demand for overseas luxury real estate could soar

Stephanie Anton, president of Luxury Portfolio International®

The 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.

Many are now wondering ‘what’s next’. 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.

That 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.

“We 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,” Stephanie Anton, president of Luxury Portfolio International®, a collection of the world’s most powerful independent luxury brokerages, explains. “The 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.”

Perhaps 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.

There has been significant growth in the number of HNWIs in Southeast Asia

“We 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,” Anton states. “Bottom 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.”

Southeast Asia may not be the next 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.

Why luxury real estate and where to buy?

For 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.

“The 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,” Anton points out.” 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.”

Luxury real estate is a seller’s 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.

“As 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’s market with 14 percent looking to buy versus 12 percent looking to sell,” Anton says. “This 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.”

And while the investment aspects of luxury real estate are important, it isn’t the only factor. Anton notes that quality of life, change of scenery, family downsizing/upsizing and education are among the other reasons Southeast Asia’s HNWI population invests in overseas real estate. The latter factor has led to an uptick in interest for luxury real estate in the USA.

“Boston 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,” Anton states.

She adds, “We 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.”

A word on Brexit

Brexit isn’t stopping ASEAN investors from pursuing UK real estate

The 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.

“London, 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,” Anton reports. “Also, 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.

For more information on Luxury Portfolio International®, please visit:

LuxuryPortfolio.com


Ngapali: best beach in Asia

Ngapali 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.

Ngapali (pictured) was the highest-ranked choice in Southeast Asia.

This year’s 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.

Travelers’ 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.

“We know travelers around the globe love sun and sand vacations, so we’ve tapped the TripAdvisor community to help us identify the world’s best beaches,” said Barbara Messing, Chief Marketing Officer for TripAdvisor.

“The 2016 Travelers’ 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.”


Niche Pride Taopoon-Interchange is revolutionising facilities in Asia one storey at a time

Niche 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.

In 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’s clubs, games rooms, lounges, yoga studios and more in the building. And on the 38
th
 floor is the fully-equipped Sky Fitness centre and an infinity-edge swimming pool.

The floors and facilities have been grouped into seven unique “villages” 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.

A look at one of the villages in Niche Pride Taopoon-Interchange

This concept is enhanced in each condominium unit thanks to Hankyu Realty’s 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.

Condominium units in
Niche Pride Taopoon-Interchange
 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.

Taopoon-Bangsue and the changing face Bangkok

Bangkok’s 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.

The station will become a key link for local, domestic and international travel as the government looks to create a single hub for rail services.

Local connections
 – 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.

Domestic connections
 – 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.

International connections
 – 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.

These 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.

The 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.

Modern 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.

Reasonable price for the exceptional at Niche Pride Taopoon-Interchange

The Sky Lounge, one of the many amenities in the development

Presale 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.

The 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.

There is more to Niche Pride Taopoon-Interchange than the excellent location. From the development’s 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.

Knight Frank is the sole agent of Niche Pride Taopoon-Interchange. The firm’s international arm will bring the project across the Asia Pacific region.

For more information contact:

Marciano Birjmohun

T +66 (0) 2 643 8223 – Ext. 262

M +66 (0) 9 524 86901

[email protected]


No comfort for UK investors

If 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’s latest announcement in his annual budget statement yesterday (Wedneday).

Even 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.

Investors 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.

“We had desperately hoped that Osborne would listen to reason and scrap his plans for this extra 3 percent stamp duty,” said Vidhur Mehra, Finance Director of London’s Benham & Reeves Residential Lettings agency.

“It is unfairly singling out landlords – many of whom are simply trying to shore up their retirement income.

“Amateur 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’t help.”

Dot Property Group
 strongly suggests that anyone considering U.K. property investments seeks appropriate independent tax and legal advice before entering into any agreement.


No longer ‘the next Bali’

For years the Indonesian island of Lombok has been regarded as ‘The Next Bali’ but that’s 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.

The 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.

With 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.

The 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.

Selong 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 in both legal due diligence and the quality of execution. Selong Selo differentiates itself by offering a fully integrated approach – selling subdivided plots with basic infrastructure.

The development will offer facilities such as a private beach club, a clubhouse with restaurant and bar, spa, swimming pools, tennis courts, children’s play area, 24-hour security, gym, yoga, private chef and in-villa room service as well as conference and wedding facilities.

Buyers 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’s architecture, materials and landscape.

Andrew Corkery, Managing Partner of Selong Selo, said: “Our 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.

“The 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.”

Prices at Selong Selo Residences start at US$ 95,000 for a plot and US$ 339,000 for a plot and villa.

www.selongselo.com


No one in Southeast Asia does real estate better than SM Development Corporation (SMDC)

Developer of The Year Southeast Asia 2022

Special Recognition Award for Corporate Social Responsibility

Best Mixed Use Development – Gold City

Best Landscape Architectural Design – Vine Residences

Best Condominium Architectural Design – Sail Residences

It 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.

With 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’s 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.

Last year, SMDC cemented its place among the region’s 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 ‘The Good Guys’.

“We 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,” SM Development Corporation (SMDC) Vice President for Project Development Therese P. Sonsing-Fernando told Dot Property Group.

There 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.

“SM Development Corporation has lived by the idea of being The Good Guys to inspire our residents to be caring for their neighbors and friends,” Sonsing-Fernando details. “For 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.”

Of course, it’s important to mention SMDC’s award-winning properties. Gold City is a mixed-use development set to be a vibrant hub near NAIA,
Sail Residences
 boasts stunning architectural designs and
Vine Residences
 is unsurpassed when it comes to lush landscapes at a residential development. The latter condominium saw the developer take a unique approach.

“This 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,” Sonsing-Fernando states.

Those who have followed SMDC over the years know ‘The Good Guys’ won’t 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.

More than 45 developers, projects and real estate agencies were honored at the Dot Property Southeast Asia Awards 2022.
Read more about the winners here
.


Notable UK property investment locations outside of prime London

A look at Infinity Waters in Liverpool

When 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.

London 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
Totally Money’s top 25 best buy-to-let
areas
 last year. Yields nearing ten percent were recorded in some areas with six Liverpool postcodes achieving yields of 6.8 percent or greater.

And 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.

“For 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,” Jerald Solis, Experience Invest Business Development and Acquisitions Director, says. “In terms of capital growth, the British property market has historically held its own in time of political uncertainty.”

Of course, Brexit isn’t 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.

“Putting 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,” Solis notes. “The 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.”

Potential UK investment properties

Experience 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.

“The 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,” Solis states. “Experience 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.”

Imperial Square in Luton

Those 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.

“Designed 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,” Solis explains. “Delivered 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.”


Novaland caps off impressive year with Southeast Asia Developer of the Year 2019 honour

Mr 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)

For 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.

Nguyen 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.

The victory means Novaland won five total awards in 2019.
In 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
.

For more than 25 years, Novaland has transformed Vietnam’s 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’t simply acquiring a unit, they are guaranteeing themselves the ability to live the lifestyle they want.

NovaWorld 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.

Winning 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.


Could now be the best time to buy?

Malaysia has favourable conditions opening the door for investors looking for the best time to buy.

Many
first time buyers
 are 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.

For 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.

As 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.

Having 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?

Read market reports.

Take 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.

Values 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.

And consider investing now. Lower price tags mean a lower risk. Check out
Dot Property’s listing online
 today.


Is now a good time to buy a Bali villa?

While 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.

If 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.

And 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. 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.

Find your Bali villa

Looking for a Bali villa that offers a solid return on investment. There are several available on
Dot Property Indonesia
. Here are a few of our favourites.

7-bedroom villa with Melati License

This 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.

Click here to request details

3-bedroom villa in Seminyak

Those 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.

Click here to request details