How to sell your home

Achieve a quick sale by making sure your property is ready for the market.

Whether you are selling a property that has been your home for five years or you are selling one of your investment portfolio, it is easy to glaze over features of the property that may deter prospective purchasers.

Take a step back, remove your rose tinted glasses and take a few photos of your property to see what is working and what isn’t. First impressions count for everything in the property world to set your home up to appeal to the market by following these simple steps.

1. Declutter.

Remove personal items and clear worktops to create more space. Every person who walks through the door wants to imagine themselves living in your home but this won’t be the case if they have to step over your dirty washing on the floor or if they are greeted by a sea of family photos. It is hard to detach yourself from your own home so make it is simple for those who are having a look round.

2. Dress the property.

What the industry means by dressing your property is to make it look livable and easy to move into. If you are using your second bedroom as a study, remove the desk and set this room up as a bedroom rather than a study. With smaller rooms it can be hard to visualise a double bed will fit in the space, but in fact, by putting in a double bed it will make it look larger and open your property up to a wider market. Make sure each room is shown to the best of its ability, make up beds, straighten the cushions on the sofa and set the table for dinner.

3. Latest trends.

There is no doubt that properties that have the latest interior trends will be more appealing and secure a better price. Upgrading a kitchen or bathroom is costly and timely which may not be feasible, so make small changes to instantly make a change. Paint the walls in an off white grey rather than cream that dominated the 1990s, add a few modern accessories such as cushions or a rug and mostly importantly remove any items which dominate the room that may not be to everyone’s tastes.


How will aging Asia change real estate investment?

An aging global population is set to transform the global real estate investment landscape over the coming decade, as an increasing number of insurance and pension funds revamp their strategies to cater for a new generation of retirees.

By 2050 there will be more people over the age of 55 than the entire population of the world in 1950. And they will need steady income streams to see them through their retirement.

“This is where real estate plays a crucial part; it provides exactly the type of investment that pension schemes are looking for: lower risk more predictable income streams that allow them to match their outflow liabilities,” said David Green-Morgan, Global Capital Markets Research Director at JLL in his blog.

JLL research predicts global real estate transaction volumes will pass the US$ 1 trillion mark by 2020, up from US$ 700 billion in 2015, largely due to institutional investors dedicating more capital to the sector. They currently account for 20 percent of the market but “we expect this to increase significantly in the future as they execute on bigger and bigger investment requirements,” Green-Morgan added.

As more investors pile into the sector to diversify their portfolios, hedge against inflation, lower risk and find secure income streams, they’ll need to look further afield for opportunities. Already Asian buyers, notably sovereign wealth funds, pension funds and insurance companies, have become a major force behind climbing real estate values in the U.S. and Europe. And real estate is set to become more globalized yet with cross-border activity predicted to account for more than 50 percent of all real estate investment by 2020 – equating to US$500 billion a year.

Within countries, investors are also casting their net more widely due to a lack of investment grade properties coming on to the market. “We anticipate that in the absence of significant new stock becoming available, capital will target many different avenues to achieve its desired direct real estate exposure, including joint ventures, partnerships, M&A and other alternative sectors such as healthcare, retirement living and, increasingly, residential,” added Green-Morgan.

Planning ahead for an older world

The combination of a shrinking workforce and more people living longer is far from being a new realisation for governments. European pension funds, for example, now have greater outflows than inflows on a net basis.

In preparation, countries including Australia, Canada, New Zealand and Malaysia have created government schemes to invest contributions on behalf of their aging populations. Vietnam and Indonesia are implementing changes to their currently inadequate pension systems while the Singaporean bank DBS and Manulife recently announced a 15-year regional distribution deal that will market insurance products to Asia’s rapidly aging middle class.

Indeed, Asia is home to half of the top ten fastest-aging countries in the next five years with South Korea, Singapore and Hong Kong particularly affected.

“As the working age population shrinks in the coming years, global savings investment will surge,” Green-Morgan said.

“This is particularly noticeable in China where the drop off in the size of the workforce mirrors that of Western Europe, the U.S., Canada, Japan and Australia.”

As such, insurance and pension funds in the region are set to invest as much as US$ 300 billion into global real estate markets by 2020 to help meet their future obligations.

“In most Asian countries (ex-Australia) pension assets as a percentage of GDP remain below the global average,” Green-Morgan said.

“Looking ahead, we will see increased allocations by the region’s pension funds into real estate as a result of the ageing population, pension reforms and capital market developments.”

Although it’s just one of the considerations stemming from the imminent demographic shift across developed and developing world – it’s a key one to get right.

“More of us are set to retire than at any point in history. This has enormous implications for how we plan, invest and execute our retirement plans, and this is why real estate investment is becoming so much more important for institutional investors,” Green-Morgan concluded.

This article was first published on
www.jllrealviews.com
 and is reproduced with kind permission.


Hua Hin condo market starts to recover, villas stay popular

Despite a great location, the Hua Hin condo market hasn’t performed as well as other parts of Thailand during the past few years. However, the situation began to turn around in 2018. Knight Frank Thailand reports that some positive signs were seen during the first three quarters of last year.

A total of 1,041 new
condominium
units
 came online during this time, skyrocketing 164 percent when compared to the same period in 2017. The new supply is situated in central Hua Hin as opposed to more suburban locations. This highlights how developers have learned from prior mistakes.

One of the reasons for the Hua Hin condo market slowdown was due to product types that didn’t resonate with buyers. According to Knight Frank, homebuilders focused on finding ways to blend functionality with the ambiance of the resort destination. This ensured more developments appealed to buyers.

The Hua Hin condo market also benefited from commercial flights flying to the city for the very first time.
Air Asia now operates regular air service between Hua Hin and Kuala Lumpur
 which brought more people to the seaside town in 2018.

Knight Frank noted that Thais buyers searching for vacation homes or investment units to let out still make up the majority buyers. Expat retirees and overseas investors also active in Hua Hin.

Hua Hin villas impress

The Hua Hin condo market is recovering, but villas in the city have remained popular with buyers. By offering more space and peaceful surroundings, Hua Hin villas are ideal for families wanting a place to get away from everyday life.

Red Mountain,
winner of Best Villa Development Hua Hin at the Dot Property Thailand Awards 2018
, is one of the many projects catering to those who want a break from city life. The development boasts modern-designed homes with quality finishes, fabulous mountain views, a lake and water features.

One popular characteristic of Red Mountain is the large, old trees that have been kept in the land. They help maintain the natural environment and beauty of the area. This ensures residents feel close to the natural surroundings that Hua Hin is known for.

Sivana HideAway

Another villa development popular with buyers is Sivana HideAway.
The estate is one of a small number Hua Hin villa developments near the
sea
 making it very unique. Residents can enjoy style and comfort while also being a short drive from the Hua Hin city centre.

For investors, there is a chance for both lucrative returns as well as personal usage during the year. The developer is offering a six percent rental guarantee for five years for those who opt into the rental management programme along with 30 days of personal use annually.

See more:
Villas for sale at Sivana HideAway


Hua Hin now set for November 1st reopening after plans pushed back

Plans for Hua Hin to welcome international visitors have now been delayed to November 1 as the seaside city struggles meet reopening criteria. The Hua Hin Recharge program will eventually allow tourists to travel without needing to quarantine as long as they produce a negative COVID-19 test result after arriving.

The plan has support from the Tourism Authority of Thailand (TAT) who are working with local officials on logistics. It was suppose to take affect on October 1, but was first delayed to October 15 and now November 1 due to the continued presence of COVID-19 and low vaccination rates.

Two options are being made available for tourists wanting to visit. The first is they can fly into Hua Hin airport.
A second option will see them arrive at Suvarnabhumi International Airport and then travel directly to Hua Hin via car under the Cha-am Sunshine Program
.

There is less certainty about the former option with Thai AirAsia having paused flights into the facility last year.
A report in the Bangkok Post
 stated an aviation advisory company was working on securing more international flights to Hua Hin airport although talks remain ongoing.

Related:

Pattaya Move On details city’s reopening plans with hopes visitors can arrive in October

It was also announced that the Hua Hin Recharge program is eligible to receive travelers who are participating in the Phuket Sandbox under the 7+7 extension scheme. That would mean any tourist who spends seven days in Phuket could then travel to Hua Hin.

In order to better facilitate the arrangement, TAT Governor Yuthasak Supasorn is hoping to start up flight service between Phuket and Hua Hin. He cited the fact that flights between Phuket and Koh Samui have shown this is realistic.

It was noted that Hua Hin Recharge program won’t see the Prachuap Khiri Khan and Phetchaburi provinces fully reopen. Initially, only Hua Hin would be reopened to overseas arrivals, but this could be expanded as soon as the rest of the region hits the vaccination threshold of 70 percent.

Thai Spa Association President and Hua Hin Recharge Project Head Krod Rojanastien is optimistic about the impact the program will have on the region. It’s estimated that hotel occupancy rate could reach as high as 60 percent during the fourth quarter.


Is the Hua Hin real estate market preparing for take off?

The Hua Hin Airport will welcome flights from Malaysia starting in May

Air Asia announced it will operate four-times weekly flights linking Kuala Lumpur to Hua Hin starting in May. The move will have a far ranging impact with the Hua Hin real estate market among the many sectors set to benefit. While long popular with residents of Thailand, the seaside town has struggled to become an international destination.

In order to reach Hua Hin, international tourists currently have to cope with a three-hour car/minibus journey from Bangkok. This option is unappealing when compared to the 90-minute drive it takes to reach Pattaya. However, that could change with Air Asia now flying into the city. It should increase the number of visitors from Malaysia as well as places like Singapore who can easily transit in Kuala Lumpur.

“I think this could be a good start and it will hopefully pave the way for even broader access in the future,”
Tom Thrussell, Centara’s vice president of brand, marketing and digital, told TTG Asia
. “The Asian markets who make short stays to Thailand have been less inclined to visit Hua Hin in the past because the journey time from Bangkok, at either end of a short stay, eats into too much of their break. This new accessibility will change that for one of these markets for now at least.”

What does it mean for the Hua Hin real estate market?

The link between real estate and tourism is well known, and while it could take a bit of time for the effects to fully kick in, the Hua Hin real estate market is likely to benefit.
The city is popular for its low-key, laid back lifestyle
 and it is easy to see some visitors preferring the city to Pattaya or Phuket.

This could positively influence both rental rates and property prices in Hua Hin, both of which have been relatively stagnant over the past few years. Exactly how much depends on if more flights are allowed to land at Hua Hin Airport and if other infrastructure projects, such as the proposed high-speed train, are completed.

An affordable beach alternative in Thailand

Property prices in Hua Hin remain relatively reasonable with condominiums offering great value. It’s even possible to find bargains for high-end real estate if you look closely. Here are few of the condominium units currently available on www.thailand-property.com

Resort-style condominium unit

 The Hua Hin real estate market has plenty of resort-style condominiums available at all different price points.
This one-bedroom unit at the north end of the city is available for only THB1.3 million (USD 41,368)
. At 33 square metres, it is spacious and comes fully furnished. The unit can be used for short, medium or long-term rentals.
Executive Homes Hua Hin is listing this unit
.

Fully furnished modern condominium

For THB 2.2 million (USD 70,000),
this modern condominium offers everything a person could possibly want in Hua Hin
. It comes fully furnished in a new-build development that boasts several amenities like a sky deck with panoramic sea views. This condominium is listed by
Hua Hin Japan
 and can be used as a holiday home, primary residence or for rental investment.

Amazing sea view unit with wraparound balcony

While it may be more expensive,
this 17
th
 floor unit offers some of the best ocean views possible
. Located in Cha-am, a 30-minute drive from Hua Hin, the two-bedroom, three-bathroom unit is on the market for THB14.5 million (USD 461,500). The entire property has been completely refurbished and modernised with the wraparound balcony making it extremely unique for the area.


Hung Thinh Land Joint Stock Company named Developer of the Year Vietnam 2022

Developer of the Year Vietnam 2022

Best Mixed-Use Developer Vietnam 2022

Special Recognition Award for CSR 2022

Hung Thinh Land Joint Stock Company has worked diligently to become one of the most respected names in Vietnamese real estate. Its efforts over the past 12 months were rewarded when the firm was presented with Developer of the Year Vietnam 2022 at the Dot Property Vietnam Awards 2022.

This is the event’s top honor and reflects the quality and value Hung Thinh Land Joint Stock Company offers at its projects. Additionally, the company took home Best Mixed-Use Developer Vietnam 2022 and the Special Recognition Award for CSR 2022.

Its success at the Dot Property Vietnam Awards 2022 is a credit to Hung Thinh Land Joint Stock Company’s unique vision for real estate. The developer boasts an outstanding portfolio of projects that showcase the firm’s skill in creating one-of-a-kind spaces that are unsurpassed.

The developer is also committed to providing clients with substantial value through modern innovations and convenience. Hung Thinh Land Joint Stock Company owns and develops 56 real estate projects across Vietnam, including several impressive mixed-use developments.

Winning Developer of the Year Vietnam 2022, Best Mixed-Use Developer Vietnam 2022 and the Special Recognition Award for CSR 2022 is not the first time Hung Thinh Land Joint Stock Company experienced success at the Dot Property Awards.

At the Dot Property Vietnam Awards 2018, the firm won Best Mixed-Use Development for Q7 Saigon Riverside Complex. Hung Thinh Land Joint Stock Company would go on to receive Best Residential Developer at the Dot Property Southeast Asia Awards 2020.

Read More:

Dot Property Vietnam Awards 2022 Honors 48 Winners As Resiliency, Recovery and Sustainability Take Center Stage


Identifying key workplace trends for the second half of 2021

Regus has identified three key workplace trends that will define the second half of 2021

It’s safe to say the first four months of this year have been quite eventful in Malaysia. The start/stop nature of the country’s recovery from COVID-19 has required businesses, SMEs and entrepreneurs to be as flexible as possible. Regus, the world’s leading flexible workspace provider, has identified three key workplace trends that will shape the second half of 2021.

Click to see Regus office solutions in Malaysia

Safer work environments

It’s vital for employers to have robust policies and procedures in place to keep their employees safe from COVID-19. Important safety measures businesses need to consider include cleaning procedures, temperature checks, health surveys and updated sick time policies.

Of course, if you’re based in a flexible workspace, then it is up to the provider to create a safe work environment. Regus has been a leader in these efforts and its facilities in Malaysia are
well-equipped
 to protect everyone.

“One of the benefits of operating the world’s largest network of flexible workspaces is that we’re able to assess local trends, align ourselves quickly and deploy important process changes and strategies with remarkable speed,” Wayne Berger, CEO of Regus’ parent company IWG in the Americas, stated.

Hybrid models

Many companies are planning to adopt a hybrid approach to where their employees work in the coming months. According to research conducted by Stanford University Economic Professor Nicholas Bloom, the optimal situation for productivity is remote working for two days and being on-site for the reminder of the week. The benefits of the hybrid model are enjoyed by both employees and employers.

“The hybrid model is delivering spectacular benefits for employees and employers alike,” Regus Founder (and now CEO of IWG), Mark Dixon, noted. “Team members gain better mental health and reduced costs through not having to travel into city centers, along with greater career opportunities closer to home. And it gives companies the financial flexibility to invest in their staff and in growing the business, instead of the buildings from which they operate.”

Embracing the workspace revolution

Prior to the events of 2020, demand for alternative and flexible workspace solutions had been growing with employees leading the charge. Now, employers are embracing this workspace revolution which will be noticeable in the second half of 2021.

“The demand for alternative and flexible workspace solutions used to be driven by the employees – something IWG called ‘the workspace revolution’. Today, we’re seeing a much increased demand from employers seeking to facilitate hybrid workforces with multiple office hubs for greater productivity and talent retention. Developers and landlords have also joined this strategic trend,” Lars Wittig, Regus Country Manager for the Philippines, Vietnam, Cambodia, Malaysia and South Korea, said.

Find the workspace solution right for you

With 33 flexible workplaces across Malaysia
, no operator provides individuals, startups, SMEs and MNCs with more options than Regus. These spaces can be found in Kuala Lumpur, Petaling Jaya, Shah Alam, Johor Bahru and Kota Kinabalu with the most desirable neighborhoods in each area represented.

During a time where uncertainty has created challenges for businesses of all sizes, Regus is empowering companies in Malaysia with a tailored-made solution to office space. Regus’ ability to provide space flexibility ensures you are primed for success today, tomorrow and beyond.

Find your space today!


The Portuguese golden visa program provides investors with a secure future and the possibility of strong returns

COVID-19 brought with it a number of unforeseen consequences with the most notable being restricted movement. Many Asian high-net worth individuals (HNWIs) found themselves without an alternative other than to wait the situation out. These challenges have highlighted the importance of a golden visa in the post-pandemic world.

Passports in Southeast Asia are among the weakest in the world. Thailand, Cambodia, Vietnam, Laos, Indonesia and the Philippines were all ranked in
the bottom third of the Global Passport Power Rank 2021.
 However, HNWIs in countries with stronger passports, such as Malaysia, did not benefit from these when borders were closed and travel was limited to citizens or permanent residents.

The situation has caused many Southeast Asian HNWIs to actively begin exploring golden visa opportunities. It’s not that this group is worried about another global pandemic or future travel restrictions per se. Instead, they are looking at the current situations in both their home country and globally and seeing a need to diversify.

The importance of a golden visa in the post-pandemic world comes down to having more freedom and opportunity, both for yourself and your family. Holding one empowers you with the freedom to live, work and study overseas and all of the opportunities that come along with it, such as citizenship.

Golden visa schemes in the European Union draw the most interest and for good reason. These allow you to live, work or study throughout all Schengen countries, not just where your visa was issued. That being said, EU programs do vary quite a bit from country to country. It’s important to know the requirements of each one and understand how the differences will affect you.

Why do HWNIs choose the Portugal golden visa program?

Home prices in Portugal have risen by 86.5 percent over the past decade

The Portugal golden visa program started in 2012 and remains one of the most popular options to this day. Its stability and proven track record provide applicants with significant peace of mind.

For an EUR350,000 investment, you will receive the visa which immediately places you on the pathway to permanent residency after five years. There is also the possibility of applying for Portuguese citizenship and a passport, assuming you meet certain criteria. This is available to both the investors and their family members.

While there are a few different investment options, most HNWIs select real estate. For starters, it is a great way to diversify their property portfolio. Secondly, home prices in
Portugal have risen by 86.5 percent over the past decade
 and the local market continues to perform well. For example,
the value of home transactions reached EUR8.6 billion in the second quarter of 2021
, the highest figure since 2009.

Learn more about the importance of a golden visa in the post-pandemic world

If you want to learn more about the importance of a golden visa in the post-pandemic world and real estate investment opportunities in Portugal,
you can schedule a complimentary consultation with Falcon Pyramid
, a leading investment company based in Lisbon. Their team of experts has assisted numerous HNWIs with the Portugal golden visa program.

Schedule your free consultation


New Kota Kinabalu to Mindanao flight connection to boost property and business

Photo / Official dirk - Flights from Davao City to Indonesia will start in March

Last year, Mindanao, and Davao City in particular, were seen as one of
the most exciting real estate investment destinations in the Philippines
. The momentum is set to continue in 2020 as a pair of new international flights will connect the booming region to other countries in Southeast Asia.

According to the Manila Bulletin
, a non-stop flight between Davao City and Manado, Indonesia will begin operations in March. A second non-stop flight between Zamboanga City and Kota Kinabalu in Malaysia will commence at the same time. Experts believe this will make the region more enticing to overseas investors.

“Given the institutional mechanisms established and/or facilitated this year, the connectivity projects linking Davao and Manado, Zambo and KK, and trade relation agreements with other nations outside Southeast Asia, Mindanao would enjoy better comparative position as an investment destination,” Mindanao Development Authority Public Relations Head Adrian Tamayo told the newspaper.

He added that Davao is set to play an important role as a gateway for Mindanao and can be a showcase for the entire region. The new flight connections are predicted to increase in tourist arrivals which could in turn lead to an increase in real estate investments.

Developers ready in Davao City

A number of developers are already active in Davao City as they look to build a presence in Mindanao. For example, SM Development Corporation (SMDC) launched its first project in Davao City last year and the feedback has been great.
The homebuilder was even named Best Developer Davao at the Dot Property Philippines Awards 2019 for Lane Residences
.

The residential project has brought convenience and a modern lifestyle to Davao City and this has resonated with property seekers. Lane Residences features a wide range of resort-style amenities that appeal to families. SMDC worked hard to launch a project that appealed to both end users and real estate investors.

Another developer making a name for itself in Davao City is Grand Land.
The company’s Amani Grand Citygate Davao took home Best Investment Development at the Dot Property Philippines Awards 2019
. This was one of the first projects outside of Cebu that Grand Land has worked on and buyers have been snapping up units at the first few phases quickly.


Indians snap up Malaysian property

Indians are capitalising on the rupee’s strength by buying more overseas properties.

Buying property overseas is nothing new. Many look to other markets to capitalise from potential growth or for a second home. Indians are no different. They have been avid purchasers of property across the globe but mainly for investment purposes. Their international shopping sprees have recently ramped up due to the strength of the rupee.

According to recent data revealed in the report ‘Looking beyond Borders’ by Knight Frank India and the International Real Estate Expo, Indians spent USD 112 million on overseas property in the last fiscal year. A hike of USD 23.6 million if compared to the previous year and looking further back an increase of nearly 60 times from 2005 to 2006.

Recently property has become more affordable and within easier reach for many Indians than even just one year ago. With property in Malaysia the cheapest option. The report also stated that over three-quarters of Indian investors look for property that costs less than USD 1 million. Plus 63 percent of Indians prefer property which is less than 1,500 square foot. Thus making Malaysia a favourable place to snap up real estate due to wide range of options available.

Malaysia and India have a longstanding healthy relationship that is a contributing factor too. Malaysia has been long home to many Indian immigrants and the two countries have strong trading connections.

Dubai, Cyprus, and the UK are other markets that Indians have been investing in thanks to the strength of the rupee against the local currencies. Whereas investors have been steering clear of Australia which has become more expensive.


Indonesia announces plans to loosen foreign property ownership regulations

Buying a property in Bali could be more attractive if new ownership regulations are approved

In an attempt to provide a boost to the country’s waning property market, the Indonesian government informed local property developers that it will ease foreign property ownership regulations.
According to the Straits Times
, Agrarian and Spatial Planning Minister Sofyan Djalil told industry leaders the new rules could be in place by the end of August.

“On this foreign ownership matter, God willing… we will have (the Bill that covers the matter) ratified into law by end-August,” Sofyan was quoted as saying by the newspaper. “That is the commitment from Parliament and President Joko Widodo had requested for such a timeline to be the deadline.”

The COVID-19 pandemic has wreaked havoc on the Indonesian property market with Cushman & Wakefield finding high-rise apartment sales dropped by 30 percent in the first quarter of this year. Housing sales also fell during the same period, but only by three percent.

“The overall residential market is expected to soften in the first half of 2020,”
David Cheadle, Cushman & Wakefield Indonesia Managing Director, told the South China Morning Post
. “Several developers are already facing cash flow difficulties, with the COVID-19 outbreak disrupting developer revenues due to declining sales, with far fewer prospective-buyer inspections to housing projects caused by social distancing restrictions and work-from-home policies adding to the constant burden of construction loan interest rates.”

That caused Fitch Rating to downgrade its outlook on the Indonesia homebuilding sector from stable to negative. The agency cited an unprecedented weakening in domestic demand due to the COVID-19 pandemic as the main reason for the change.

Can relaxed foreign property ownership regulations stimulate the market?

The Indonesian government is hoping an increase in overseas demand will offset the lack of domestic buyers, at least in the short-term. In order to attract foreign buyers, the country is set to relax its fairly strict foreign property ownership regulations which have turned off many potential buyers in the past.

Currently, international buyers can only own property in Indonesia via leasehold agreements. No details on what the government may do have been released, but local property professionals are excited by the potential changes.

“The potential of a foreigner being allowed to hold a (right-to-build) title in line with Indonesian citizens is a game changer. If it also allows for foreigners to mortgage in Indonesia it will open up a much larger market than in the past when it was all cash driven,”
Terje Nilsen, CEO of Seven Stones Indonesia, wrote in an article
. “This will encourage foreigners to choose Indonesia as a first or second home option. Especially now when more and more people work from home. And they can call Bali, and other places in Indonesia home.”


Industrial and logistics leads the Philippine property market forward

First Philippine Industrial Park is one of many innovative industrial properties in the Philippines

While the COVID-19 pandemic slowed many real estate sectors in the Philippines, demand for industrial and logistics space actually increased. Several experts believe the sector will remain a bright spot for the country’s property market in the coming months and possibly years.

This was one of the key takeaways from
The Future of Logistics: Moving Beyond the Pandemic
panel discussion organized by Santos Knight Frank.

“During the ECQ period, demand for industrial and logistics space rose for essential goods. In the following months, we expect demand to be more stable compared to the other real estate sectors. This demand is encouraged by the shift to e-commerce and the subsequent effects on demand for logistics, cold chain, warehouse, and other industrial services,” Kash Salvador, Santos Knight Frank Associate Director of Investment & Capital Markets, stated.

Health and wellness now, manufacturing in the future

According to William B. Chiongbian II, Group President & CEO of Fast Logistics Group, the Philippine logistics industry is in a prime position to support growing demand for health and wellness products.

“The quality of food will matter, and health and wellness will start to take a front seat in a developing country like the Philippines. With the right recipes from entrepreneurs, local government, and delivery enhanced by information technology, the industrial real estate infrastructure will be in the right place,” Chiongbian said.

Looking ahead, the Philippines could become a manufacturing destination in Asia as long as the industrial sector receives the proper support.

“With the right real estate infrastructure and support from the government, we’ve got to act together within the industrial sector that the Philippines is still one of the best manufacturing destinations. We need to work together to enhance what this country has to offer,” Chito Zaldarriaga, President of the Philippine Ecozone Association (Philea), explained during the discussion.

Industrial sector outlook remains positive overall

The industrial sector is expected to remain resilient moving forward. Howver it is important for those in the sector to rethink strategies in order to best take advantage of new opportunities that arose from the COVID-19 crisis.

“The industrial sector is all about the basics: basic space, food security, storage, and all the things you need in a crisis. This crisis is a realization that people are always going to need the industrial and logistics sector, and there is huge opportunity here,” Rick Santos, Chairman & CEO of Santos Knight Frank, noted.


Industry pessimism rules

REHDA Malaysia recently revealed the findings of its REHDA Property Industry Survey for the second half of 2015. The survey respondents comprised REHDA members from all 12 states across Peninsular Malaysia. The survey was to gauge the property market performance for the second half of 2015 and the outlook for 2016, as well as to find out the challenges faced by members in this current softening market.

Overall, the percentage of respondents with project launches and units launched in H2 2015 showed a reduction compared to the previous half. Residential properties continued to lead new launches albeit at reduced numbers while commercial units recorded a slight increase.

Domestic buyers continued to lead the residential market with 13% of respondents’ reporting their buyers purchasing for own occupation while those with clients purchasing for investment purpose has decreased from 23 percent in 1H 2015 to 13 percent in 2H 2015.

Sales Performance

Sales performance was unexpectedly holding well, with increased number of respondents reporting better sales, mainly the apartment/condominium units.

Launches

Launches of landed residential and strata properties moderated in 2015 with strata launches overtaking landed properties by only 1 percent. Launches of strata properties are mainly in Selangor and Kuala Lumpur. Commercial unit launches, on the other hand, saw a small increase of 52 units.

Unsold Units

In tandem with the unexpectedly better sales performance, respondents with unsold units decreased from 78 percent in 1H 2015 to 62 percent in 2H 2015. End financing and loan rejection topped the reasons for unsold units with increased number of respondents facing such problem. Houses priced between RM 250,001 and RM 700,000 appeared to be most vulnerable to loan rejection by banks.

Business Operations

Increased cost of doing business continues to be a burden to developers with 61 percent of respondents reporting cost has increased up to 10 percent. Some developers have even resorted to implementing cost-cutting measures such as ceasing new recruitment, adopting fewer working hours and even salary reductions.

Although respondents providing affordable housing has shown a slight increase, provision of affordable housing remains a challenge with increased overall cost of doing business being the main reason, followed by high land price and cross subsidies from higher end products.

Developers Interest Bearing Scheme (DIBS)

Some 65 percent of respondents said that the Developers Interest Bearing Scheme (DIBS) will help improve sales performance, out of which 62 percent agreed that DIBS should be reinstated for properties below RM 500,000 for first-time buyers to facilitate the nation’s home ownership agenda.

Future Launches and Outlook for 2016

Although almost equal number of respondents with and without launches were recorded for 1H 2016, more than three quarter were targeting only below 50 percent sales in the first six months of launch. Prices of future launches are expected to be maintained.

In conclusion almost 70 percent of the survey respondents were pessimistic on the H1 2016 outlook however, levels of pessimism are anticipated to reduce in the following six months with more respondents reporting a neutral stance.


Infrastructure boost: report

Real estate firm Knight Frank Malaysia, in its latest Malaysia Real Estate Highlights report for first six months of 2016, noted how infrastructure is acting as a major boost for the property and real estate sector in the country.

The report looked into the market performance across the various property sectors – residential, office and retail; and highlighted trends and outlook in the four key markets in Malaysia, including Kuala Lumpur, Klang Valley, Penang, Johor Bahru and Kota Kinabalu.

Sarkunan Subramaniam, Managing Director, Knight Frank Malaysia, said, “Despite the cloudy outlook for all market sectors amid further weakening in the domestic economy and global uncertainties, the construction industry, particularly infrastructure-related, continues to drive economic growth.

“The recent signing of the Memorandum of Understanding (MoU) between the Governments of Malaysia and Singapore on the High-Speed Rail (HSR) linking Kuala Lumpur and Singapore is welcome news, bringing the game-changer project a step closer to reality.

“With the first phase of the Sungai Buloh-Kajang (SBK) MRT Line slated to be operational by the end of this year, urbanites in Klang Valley will experience improved mobility.

“The slew of infrastructure-related projects in the country will inevitably shift the focus of future developments, with more activities expected along the various transportation routes as a higher segment of the population embraces public transit ridership encouraged by reduced travelling time.”

Highlights of 1H 2016

Kuala Lumpur High-end Condominium Market

The residential market remained lackluster, according to Knight Frank, with lower volumes witnessed. Property developers adopted innovative ‘push marketing’.

Kuala Lumpur and Beyond Kuala Lumpur (Selangor) Office Markets

MNCs from marine an offshore sectors were being enticed to relocate to Kuala Lumpur in view of attractive currency and competitive rental rates.

Klang Valley Retail Market

Consumers continued to hold back on spending, evident from weaker retail sales data in 1Q 2016 (down 4.4 percent) against 1.3 percent growth in 4Q 2015. Opportunities remained despite overall negativity, particularly in selected and upcoming under-served but well populated areas.

Penang

The RM 337 million Bayan Lepas Expressway was opened in early April 2016. The highway, capable of accommodating a traffic volumes of 70,000 vehicles per day is part of the traffic dispersal initiative in the area and is expected to ease traffic congestion between Batu Maung and Sungai Nibong.

Johor Bahru

Iskandar remained attractive to investors, with cumulative investments now standing at RM 202 billion since 2006.

Kota Kinabalu

Sabah looks set to benefit from long -term big infrastructure projects, such as the Pan Borneo Highway and Bus Rapid Transport system.

The full
Knight Frank research report is available for download
 here.


Inheritance tax is causing a stir

The reintroduction of inheritance tax may not be a successful as anticipated.

Inheritance tax came to a grinding halt in Malaysia 26 years ago. Levied at either five or ten percent for estates valued in excess of MYR 2 million and MYR 4 million respectively. Recently there have suggestions that the tax should be reintroduced. Partly to help decrease the gap between the rich and the poor in the country particularly as Malaysia has one of the biggest disparities between the two social classes in the region. But conflicting views suggest that inheritance tax will have negative effects on the economy.

Those against its reintroduction have cited how investments and personal savings will be impacted. People will have to save even more for their children’s future to allow for potential tax implications. This could steer people away from saving which would not bode well for the economy. Banks rely on savings in order to partake in investments as capital is needed in the form of bank loans for businesses to invest.

Additionally many Malaysians already invest overseas. Whether this is in the form of property, shares or savings in an foreign bank. There is expected to be an increase of this in a bid to avoid local inheritance tax. Subsequently the domestic housing market will suffer as property becomes less lucrative asset to pass onto children. And for those who have inherited property they could be forced to sell in order to meet the inheritance tax.

Despite these concerns the issue of wealth distribution does need to be addressed. Wong Chen of the People’s Justice Party has suggested that a inheritance tax should not be so clear cut. He said that various factors would need to be considered, such as family houses being exempt and also to give a tax free allowance.

Only time will tell as to whether inheritance tax will be reintroduced. The topic has been on the cards for sometime but there is an apparent need to look at it in more detail for it to work.


Innovative Dot Property Southeast Asia Awards 2020 honors region’s best real estate while supporting a great cause

48 winners were honored at Dot Property Southeast Asia Awards 2020 events in Bangkok (pictured) and Ho Chi Minh City

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.

With travel restrictions preventing everyone from being in a single location, an innovative approach was required for this year’s celebration. Winners from across the region were honored at both events while live broadcasts meant everyone was connected.

Video:

Take a look back at the Dot Property Southeast Asia Awards 2020 in Bangkok

In Bangkok, the Dot Property Southeast Asia Awards 2020 Charity Gala was one of the very first events to be held at the brand new Four Seasons Bangkok. Guests were treated to a firework show over the Chao Phraya River as part of a full slate of activities. The night was extra special for Thai developer SC Asset who took home Developer of the Year 2020.

In Ho Chi Minh City, a poignant talkshow hosted by Nguyen Ngọc Dung, Chief Innovation Officer at VISTI Institute of Science, Technology and Innovation, discussed the impact innovation has had on the real estate sector. The celebration was capped off with the announcement that Sun World Ba Na Hills from Sun Group was voted as Southeast Asia People’s Choice Award for Project of the Year 2020.

Proceeds from the Dot Property Southeast Asia Awards 2020 Charity Gala went to Habitat for Humanity, the event’s official charity partner. A lucky draw led by Habitat for Humanity Brand Ambassador and former Miss Universe Thailand, Khun Aniporn Chalermburanawong (Natt), brought in a significant influx of donations during the event.

For winners, a victory at the Dot Property Southeast Asia Awards 2020 allowed them to end one of the most challenging years with something to be proud of. Among this year’s winners in the developer categories were Cat Tuong Group (Vietnam), KSK Land (Malaysia) and Paramount Land (Indonesia).

A look at the Dot Property Southeast Asia Awards 2020 Winners’ Dinner in Ho Chi Minh City

1
 of 4

Developer of the Year 2020

SC Asset

Thailand’s SC Asset won Developer of the Year 2020

Dot Property Southeast Asia Awards 2020 developer winners:

Best Leisure Developer – Sun Group

Breakthrough Developer – Cat Tuong Group

Best Developer (Resort Condominiums) – Sisaran

Best Residential Developer – Hung Thinh Land

Best Mixed-Use Developer – KSK Land

Best Township Developer – Paramount Land

Best Lifestyle Developer (Housing) – Nichada Thani

Best Developer (Boutique Resorts) – Wealth Asset Group

Best Boutique Developer (Townhome) – Premium Place Group

Best Sustainable Developer – Capital House

The project winners at this year’s Dot Property Southeast Asia Awards each stand out in their own unique way. There are developments such as The Estelle Phrom Phong (Thailand) and The Pearl Hoi An (Vietnam) that feature unmatched designs and quality. Meanwhile, Merdeka 118 (Malaysia), winner of Most Iconic Landmark Development, literally stands out due to its height.

The award for Best Luxury Condominium Recreational Design went to THE ESSE Sukhumvit 36

People’s Choice Award for Project of the Year Southeast Asia

Sun World Ba Na Hills from Sun Group

Dot Property Southeast Asia Awards 2020 residential project winners:

Best Luxury Condominium – The Estelle Phrom Phong

Best Luxury Villa Development Landscape Design – Pirom at Vineyard

Best Affordable Development (Hi Rise) – Modiz Sukhumvit 50

Best Luxury Villa Development – Botanica Luxury Villas

Best Lifestyle Condominium – Eco Resort

Best Innovative Investment Product – The Rhine Condominium

Best Boutique Condotel (Rental Program) – The Rhine Condominium

Best Lifestyle Condotel/Residences – Sunshine Beach Condominium

Best Condotel Development (Low Rise) – Wyndham Garden Irin Bangsaray Pattaya

Best Landed Development – Cat Tuong Western Pearl

Best Bespoke Villa Development – Project Terrace Exotica

Best Affordable Condominium (Low Rise) – Andaman Riveria Condominium

Dot Property Southeast Asia Awards 2020 project design winners:

Best Residential Lifestyle Design – 8 Conlay

Best Luxury Condo Architecture Design – The Matrix One

Best Luxury Condominium Recreational Design – THE ESSE Sukhumvit 36

Best Villa Development Sustainable Design – Riverhouse Phuket

Best Luxury Villa Development (Architectural Design) – Anchan Hills

Best Condominium Recreational Design – Diamond Inya Palace

Dot Property Southeast Asia Awards 2020 mixed-use, hospitality and commercial project winners:

Most Iconic Landmark Development – Merdeka 118

Best Beachfront Luxury Hotel & Resort – The Pearl Hoi An

Best Tourism and Resort Development – Wyndham Lynn Times Thanh Thuy

Best Luxury Serviced Apartments – The Double View Mansions, Bali

Best High Rise Development – Thamrin Nine

Best Transit Oriented Development – The Glenz @ Glenmarie

The Dot Property Southeast Asia Awards 2020 also celebrated real estate agencies, property consultancies, property management companies, contractors and technology. DKRA Vietnam followed up its success at the Dot Property Vietnam Awards 2020 with two more awards. Country Garden was presented with the Special Recognition Award for Property Management Services.

Dot Property Southeast Asia 2020 Special Recognition Awards:

Special Recognition Award for Property Management Service – Country Garden Services

Best Innovation and Technology – Hoozing Proptech Company

Best Innovative Contractor – Smart Construction Group (SGC)

Southeast Asia’s Best Property Consultancy Firms 2020:

DKRA Vietnam

Southeast Asia’s Best Real Estate Agencies 2020:

Dat Xanh Mien Bac

DKRA Vietnam

Remax Executive Homes Bangkok

Bridge Estate (Thailand)

Rahim & Co International

Cushman & Wakefield Indonesia

CBRE Cambodia

The Great Haus

“We want to congratulate all of this year’s winners for their hard work during what has been an extraordinarily challenging year. Their innovative spirit and ability to overcome adversity was an inspiration for us to carry on and find a way to host the Dot Property Southeast Asia Awards 2020 despite the fact we couldn’t all be together in one place,” Adam Sutcliffe, Dot Property Director, Events and International Markets, says. “Next year brings us renewed optimism and we are hopeful the Dot Property Southeast Asia Awards 2021 allows the region’s best to come together once more.”

The Dot Property Southeast Asia Awards 2020 would like to thank Berkeley Group, the official sponsor of this year’s awards; Savills Thailand, the awards consultant for Thailand; Four Seasons Bangkok, the official venue partner in Thailand; and Mercedes Huay Kwang, the Dot Property Southeast Asia Awards 2020 Charity Gala official transportation provider.

The Dot Property Southeast Asia Awards recognize the best in regional real estate by honoring the leading developers, projects and companies that contribute to the sector. More than 400 Dot Property Awards have been presented since the program was launched in 2016 with previous events having been hosted in Bangkok, Ho Chi Minh City and Metro Manila.


Innovative solutions with a traditional approach, the new way to invest in UK property

Knight Wood Assets can assist for investors with buy-to-let, property bonds and alternative property investments

UK real estate investment is hardly a new trend. However, many investors in Asia opt for traditional, buy-to-let options. These are lucrative, but not hands-off options. Knight Wood Assets takes an innovative approach to UK real estate investment by empowering clients with a diverse range of hassle-free solutions.

“Whilst owning a traditional buy-to-let property is a large part of our business and a great way to make money, it is not for everyone. Being a traditional-style landlord comes with responsibilities, so we focus more on truly hands-off property investments,” James Shepherd, CEO of Knight Wood Assets, says. “This could be done with one of our assured rental guarantee programs or a property bond where you are loaning money to an experienced property developer for a fixed time period and fixed interest rate, as opposed to physically buying a property.”

But property bonds are just one of several UK real estate investment solutions Knight Wood Assets provides. With a deep knowledge of the UK property market, the firm offers access to investments that may otherwise be unavailable to the individual investor.

“At Knight Wood Assets we pride ourselves in offering clients multiple ways to invest in and take advantage of the buoyant UK property market. Whether trying to achieve income for retirement or capital growth to build up savings we have various options for investors with buy-to-let, property bonds and alternative property investments,” Shepherd explains. “We are also a market leader in UK Care Home investment provision, this gives normal retail investors access to lucrative care home property investing which previously was only available to large corporations.”

Doing business the right way

James Shepherd, CEO of Knight Wood Assets

Knight Wood Assets has worked hard to build its reputation, track record and experience over the years. In Asia, the company has hosted events in Hong Kong, Singapore and Malaysia while cultivating an extensive network of agents and clients throughout Southeast Asia.

The international reach of the company is natural given the demand for UK real estate in Asia. However, the vast distances haven’t prevented Knight Wood Assets from taking a more traditional approach to business.

“Despite having an international client base, we do not let this stop us from doing the majority of our business face-to-face. It is the best way to do business and the best way to understand what a client is looking for, along with building trust. Getting to travel the world and meet new people is also a rewarding part of the job,” Shepherd details.

This approach to business allowed the firm to grow organically on the back of another very traditional method, word-of-mouth referrals.

“When clients make money from property investing, naturally they want to tell their friends and family and share the experience with them. We offer our clients a referral fee if they wish to support us in this way so that the relationship is mutually beneficial and a way for clients to further profit from our investment opportunities,” Shepherd notes. “Our successful referral program is something that our clients choose to take advantage of.”

What would a Knight Wood Assets’ client tell you about the company? It would most likely touch on the fact Knight Wood Assets delivered exactly what they said they would. That’s because, as Shepherd points out, the firm has a 100 percent success record in doing just that.

For more information, please visit:

www.knightwoodassets.com


Interior design trends for 2016

Advances in technological innovations coupled with creativity create modern interior design trends that are rarely permanent. A trend that was new and inspirational a couple of years ago may not necessarily be a trend now, so it is more important than ever to create a space that is both comfortable and functional with a touch of originality.

Classic interior trends have longevity because they embrace the basic form and function needed in a home, whereas some modern interior design trends tend to fade away as they reflect a current mood in society.

There are certain interior design trends that can stand the test of time, but also provide an inspirational cue for the rest of the house. Here, interior design specialists Baytree Interiors, reveal some of the design trends that are set to be big during 2016.

Colour choices

The chances are that whatever colour you choose to paint your walls will be there for a long time, so choosing the right colour scheme is an important step for creating the perfect space. With thousands of colours to choose from, it can be daunting for anyone to choose a colour scheme, but our advice is to choose simple colours for the majority of the room and add a touch of bright colour to accentuate key areas, which can changed more frequently to fit your mood, trends and seasons.

Pastel colours allow you to move away from the clinical look of whites and magnolias while not overpowering a room. However, adding a bright colour to a feature wall creates a focal point that draws attention to a specific area of the room.

Furniture

Classic country furniture is still in trend this year, and provides the perfect platform to create an eye-catching design. This year will see a wide range of bright and colourful furniture ranges to give a contrasting look to your home.

Mixing colours is also going to be a big trend this year, as people look to create focal points throughout the home. With a huge range of colourful furniture paints available, upscaling is set to carry on being popular as people look to repurpose instead of buying new.

Noir furniture is also making a comeback in the bedroom; these French inspired designs are perfect for adding a touch of luxury to any bedroom.

Mixing furniture styles has become popular over the past couple of years and is set to continue into 2016. Antique and modern furniture can slot seamlessly into the same room, but for something a bit different try mixing mid-century furniture designs with industrial fixtures and fittings to create a minimalist theme.

Lighting

Strategically-placed lighting is a simple yet effective way to change the ambience in a room with minimal effort. Pendant lights and chandeliers are a great choice when it comes to lighting, as are filament bulbs which provide a warm glow with a vintage look. With a range of different styles available from industrial to vintage and modern variants, pendant lights can suit any theme.

With the advances of LED lighting becoming more creative and cheaper for the mass-market, we will start to see LED lighting throughout the home. Mood lighting is set to become a popular choice as people move away from static standard lights and move to more complex designs.

Smart everything

Smart TVs have become the norm over the past few years, but technology is advancing at such a rate that just about everything will be smart in some way. There are already smart systems available to control your heating, open your garage door and turn your lights on and off, and as these systems become more affordable we will see them integrated into the home.

This year is already shaping up to be an innovative and creative time for interior design, as designers look to utilise technological advances to create new and imaginative products whilst still retaining some classic design traits.

Julian Potter from Baytree Interiors said: “It’s great to see that even in these technological times classic designs are still the bedrock of modern home interior designs. These classic touches provide a great platform to express yourself throughout your home without compromising on form or function.

“Bright and vibrant colours are rightly coming back into fashion, slowly banishing the days of magnolia walls into the past. This shows that people are once again looking for something a bit different and want to put their own stamp of individualism on their home.”


International Bangkok condo demand has yet to rebound

A map of international and domestic Bangkok condo demand in Q1 2022

The Dot Property Group Bangkok Condo Market Report Q1 is available for download today!
Click here for your copy
.

International Bangkok condo demand has yet to recover with units priced under THB3 million being the most affected market segment. Demand remained relatively flat between October 2021 and March 2022, although there was a noticeable decrease in interest year-on-year.

Demand from overseas buyers dipped by 1.3 percent between the fourth quarter of 2021 and the first quarter of 2022. However, there was a sharp decline of 22.2 percent when comparing the first quarter of 2021 with the first quarter of this year.

This is not surprising all things considered. The global economic outlook was positive while there was excitement surrounding Thailand’s pending reopening in the first quarter of last year. It was a much different situation 12 months later.

The Kingdom’s reopening was beset by issues, including a partial lockdown and cumbersome entry restrictions. Meanwhile, the global economy is now coping with inflation and geopolitical conflict. Both have had a negative impact on international property buyers, particularly those at the low end of the market.

A look at international Bangkok condo demand

International Bangkok condo demand for units priced at less than THB3 million fell by 44.2 percent in the first quarter of this year when compared to the same period in 2021. However, the high-end market remained relatively unscathed.

Demand for units priced at more than THB10 million fell by only 4 percent during this time. That isn’t much of a surprise since buyers in this segment usually have enough cash in hand to make a purchase regardless of global events.

As far as location, nearly 60 percent of international Bangkok condo demand between October 2021 and March 2022 was concentrated on Bangkok core of Sukhumvit, the CBD and central areas. Greater Sukhumvit remains the most popular area while there continues to be growing interest in the Thai capital’s riverside.

The Dot Property Group Bangkok Condo Market Report Q1 is available for download today!
Click here for your copy
.


International buyers face price hikes in Penang

Overseas property buyers eyeing Penang were dealt some bad news after the local government increased the real estate price floor for foreigners. Penang property prices have been on a slow decline in recent times and the move is the government’s latest attempt to halt the slide.

“Foreign buyers can no longer buy properties below the floor price. The limit for each property on the island (of Penang) is set at MYR 3 million (USD 742,000) for landed property and MYR 1 million (USD 257,550) for stratified unit,”
State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo explained to the Malay Mail
.

On mainland Penang, the new landed property price floor for foreigners is MYR 1 million and above while the stratified unit price floor has been set at MYR 500,000 (USD 123,770). Overseas property buyers investing in Penang prefer residences on the island due to its stronger tourism and historical appeal.

The local government has also enacted a couple of new fees. The first is an approval fee of 1.5 percent that any international buyer will need to pay before the transaction is complete. All real estate buyers, both foreign and domestic, are now subject to a two percent approval fee if they decide to sell a property within the first three years of buying it.

Is it worth buying property in Penang?

As a straight investment play, the Penang real estate market isn’t particularly attractive when compared to other areas around the region. There are positives, however. A total of 7.2 million tourist arrivals stopped by the island in 2017 and Malaysian Auditor-General’s Report named Penang as the best financially managed state in the country, but these have not been able to kickstart the sluggish real estate sector.

On the other hand, Penang makes a lot of sense as a retirement option. International Living named the island as number six on its list of ‘World’s Best Retirement Havens’ and George Town, Penang’s capital, finished 10
th
on Live and Invest Overseas’ ‘The World’s Best Places To Retire’ list.

A major factor in these rankings is the Malaysia My Second Home (MM2H) scheme that permits foreign retirees to own property in return for a ten-year visa. The financial requirements of this programme are investor friendly.

Retirees aged 50 or above who purchase a Malaysian property either need to open a fixed deposit account in Malaysia of MYR 350,000 (USD 86,640) with a local branch or show proof of monthly off-shore government pension of at least MYR 10,000 (USD 2,475) to qualify.

According to The Sun Daily
, 35,381 applications from 127 nations have been approved for the MM2H programme since it began in 2002. The most application approvals came China with Japan, the United Kingdom, Singapore and Taiwan also ranking in the top ten.

Search for Penang real estate on Dot Property Malaysia
!


International interest continues

Malaysia continues to have conditions favourable to foreign investors.

The economic growth of Malaysia admittedly is at a steady, rather than booming, pace. However this is not detracting from the country’s potential for foreign investors according to sentiment echoed at the Asean Business Leaders Conclave. Held in Kuala Lumpur recently, over 350 overseas business leaders came together to plan the future of Asia as a business hub. The conclusion from the event was that despite the decline in the ringgit, the long term outlook remains healthy.

Anson Chan, chairman and chief executive office for Bonds Group of Companies, a real estate investment fund based in Hong Kong, commented, “The prospects for Malaysia going forward are positive”. Visiting Malaysia to survey the market for areas of opportunity, Chan also earmarked Vietnam and Thailand as two other countries in the region that has drawn his attention.

The notion that Malaysia is a good area for growth was cited by other business people at the event. Stating that during the last global financial crisis when ringgit weakened, this only led to a decrease in the number of expensive items coming into the country and more items being exported.

Aside from the country’s economic potential, Malaysia is also attracting interest from other countries seeking a better education system. Residents from Saudi Arabia have been coming to the country to benefit from this rapidly improving service and this will have a knock on effect to the rest of the economy as more money is brought into the country.


International property investors are thinking long term in some markets

More than AUD9 million worth of units in Mastery by Crown Group have been sold to property investors recently

While some international property investors are sitting on the sidelines waiting for the current crisis to pass, others are moving forward with buying decisions in order to utilize favorable interest and currency exchange rates. Nowhere is this more evident than the Australian property market.

“Savvy investors will always look long-term and will look beyond testing conditions, to seek out reputable developers and good investment opportunities that are well located,” Crown Group COO Sales & Marketing Prisca Edwards stated. “Buyers are enjoying the lowest interest rates in history right now and it looks like there are further cuts ahead.”

See more:

Australian residential property trends investors need to know

The Australian property market hasn’t been hit by the current situation yet and has proven to be resilient in the past.
Home prices only dropped by 4 percent during the last Australian recession in 1990
. And in the years following the Global Financial Crisis, prices fell only once. That was in 2010 and was followed by home price growth of 2.1 and 9.3 percent.

For international property investors, the favorable currency exchange rates mean they are able to buy for less even if home prices haven’t fallen in Australia.

“Our overseas buyers are now seeing opportunities to take advantage of the changing value of the Australian dollar to get a great rate on exchanging currency,” Edwards said. “It’s as though they are getting a ‘discounted’ price. Anecdotally we are hearing this from multiple sources – one Singaporean buyer said it was now 14 percent cheaper for them to buy a property in Australia due to the current exchange rate. They are striking now while the iron is hot because they see an opportunity to make capital gains in the long-term, with a good purchase price now.”

Global markets may be reeling, however that hasn’t stopped international property investors from scooping up Australian apartments. Crown Group reported strong sales between mid-February and early March with nearly AUD9 million (USD5.1 million) worth of off-the-plan units sold it its Mastery by Crown Group development.


The International Property Show takes centre stage in Singapore

Some of the best real estate developers from Indonesia, Thailand, the Philippines, Cyprus and even Malaysia will be showcasing their projects at The International Property Show between today and February 26. The showcase is being held in the event area of the iconic ION Orchard shopping centre where more than 1.1 million people will see these outstanding developments.

The one of a kind event is giving real estate investors from Singapore and Malaysia a chance to check out some of these excellent projects first hand and take advantage of special discounts and promotions only available at the event. From exciting new developments in Iskandar to a chance to buy a unit at the tallest residential seafront tower in Europe and gain EU citizenship in the process, The International Property Show has something for everyone.

Malaysian developers dazzle at The International Property Show

Two of Malaysia most trusted developers are participating at the event this weekend. UM Land has brought a pair of stunning developments including Suasana Iskandar Malaysia in Johor Bahru’s business district. Four-star hospitality firm Amari, one of the best known in Southeast Asia, manages this upscale property. The second project on display from UM Land is Shama Medini. Also located in Iskandar, this project will be managed by the famed ONYX Hospitality Group.

Visitors will also find UEM Sunrise at The International Property Show. Their booth stands out thanks to an impressive model of their newest project, Estuari Puteri Harbour. The firm prides itself on creating sustainable projects that are loved by home owners, acclaimed by investors and recognised by industry and all three of traits can be found on display at the show.

Want to know more about The International Property Show? Our Singapore blog has an exclusive, two-part guide on all of the developers being featured at the show.

Part One

Part Two


The International Property Show welcomes UM Land

Shoppers heading to Singapore’s ION Orchard between February 20 and 26 will be able to check out The International Property Show, a unique property showcase with developers from around Southeast Asia. UM Land will be representing Malaysia at the event and real estate investors will have the opportunity to see two of the homebuilder’s newest developments.

The world famous ION Orchard is the perfect venue for the event with more than 1.1 million visitors stopping by each week. The mall, which is also home to the world’s most luxurious brands, will help connect Singapore’s eager international property buyers with UM land’s projects.

UM Land set for The International Property Show

One of the best types of real estate investment is the serviced apartment. Everything is taken care of for you by the property manager meaning all you need to do is collect your yields. With this in mind, UM Land will have two serviced apartment projects on display that are sure to appeal to Singapore’s savvy investors.

The first project is Suasana Iskandar Malaysia and can be found in the heart of Johor Bahru’s business district. Four-star hospitality firm Amari, one of the best known in Southeast Asia, manages the upscale property. The second project is Shama Medini. Located in Iskandar, this project will be managed by the famed ONYX Hospitality Group.

For more information on The International Property Show, visit
www.dot-expo.com


Introducing the best real estate agencies and property consultancies in Vietnam

DKRA Vietnam collected Vietnam's Best Real Estate Agencies 2021 and Vietnam's Best Property Consultancy Firms 2021

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

The Dot Property Vietnam Awards 2021 celebrated the leading real estate agencies and property consultancies in the country.

Vietnam’s Best Real Estate Agencies 2021

DKRA Vietnam

Vietnam’s Best Property Consultancy Firms 2021

WeLand Real Estate

DKRA Vietnam

WeLand Real Estate

DKRA Vietnam is a leading broker agency and property consultant in Vietnam. The company provides a wide range of services, including market research; project development consultancy in hospitality and residential property; sales and marketing; and property management. This is the second consecutive year DKRA Vietnam was honored in both categories.

Founded in 2017, WeLand Real Estate has quickly become one of the country’s most respected real estate agencies. It focuses on partnering with developers in key cities through creativity, professionalism and dedication. The firm is also helping bridge the gap between homebuilders and the market by working with decisiveness and speed.


Introducing Southeast Asia’s best real estate agencies for 2022

The work of real estate agencies in Southeast Asia is vital to healthy markets. These firms ensure everyone can find their ideal home, holiday residence or investment. The Dot Property Southeast Asia Awards once again honored the best and brightest in this field.

A total of seven companies were named as Southeast Asia’s Best Real Estate Agencies 2022 with familiar names joining first timers to round off an impressive list of winners.

Bridge Estate

Bridge Estate was established in 2019 and its team boasts more than 20 years of experience in the Thai property sector. It utilizes this experience and knowledge to offer a full range of real estate services. The firm takes pride in providing the best living solutions for clients, whether they’re searching for a dream home or need fully managed investment for their properties.

Prime Global Asset Co., Ltd.

Prime Global Asset Co., Ltd. is a leader in Phuket, helping clients from around the world find their ideal property in this island paradise.

Sunway Estates

Sunway Estates is a professional real estate advisory that was founded in 2010. The agency offers the absolute finest real estate having built a robust portfolio of luxury and ultraluxury real estate. It emphasizes a full-service approach that guides customers through the sales and aftersales process.

Asher Property

As a boutique real estate agency, Asher Property is always going the extra mile for those it works with. It strives to create lifetime relationships with its clients and partners built on trust, integrity and reliability. The firm specializes in high-end real estate with a focus on Bangkok.

RE/MAX Island Real Estate

Using a results-oriented approach, RE/MAX Island Real Estate excels as a full-service real estate company. It provides comprehensive property services covering everything from sales to villa management and rentals.

CENLAND

CENLAND is a regular at the Dot Property Vietnam Awards and 2022 saw them step up in a big way. With nearly 2,000 brokers and another 1,000 authorized and connected agents, it is one of Vietnam’s most connected real estate agencies.

One Global Group

One Global Group provides best in class service tailored to its client’s investment needs. The firm is unique in that it helps individuals locate the best property investment opportunities across the globe through a bespoke approach.


Invest in the new Bali – Samara Lombok

This article was written before the recent Lombok earthquake. Tourism remains a cornerstone of the island’s economy moving forward despite the tragedy. Property investors and holiday home seekers should not remove Lombok from their list of potential destinations because, as we have seen with Phuket, a full recovery is likely. The Jakarta Post has a complete list of organizations accepting donations to help the victims of the Lombok earthquake.
Donate here
.

Many people still dream of owning a Bali villa despite the staggering number of tourists, crowded beaches and relatively high property prices. A piece of this Indonesian paradise is still too good to pass up. Those who were able to lock down a residence in Seminyak at the turn of the century have benefited greatly.

Zoe Rice of Elite Havens told the Financial Times there was generally an increase of 20 percent in land values annually from the early 2000s to 2012. This coincided with a foreign buyer boom with 30 percent of all Bali real estate acquisitions being carried out by people from overseas.

Home prices in Bali have been stagnant over the past few years, but a booming short-term letting market makes it possible for property owners to take in gross rental yields as high as 10 percent. It should be noted a special licence is required to do this.

What if there was a place just as beautiful as Bali, far less crowded and with significant room for future growth? There actually is and it is less than an hour flight from Bali. Lombok is one of Southeast Asia’s last remaining hidden gems and it is primed for future growth. Samara Lombok is offering investors a chance to own a slice of paradise.

Samara Lombok: idyllic living, impressive investment

Samara Lombok promises to bring something different to the island. Designed by an award-winning architect who has worked with W, Four Seasons and Grand Hyatt, the Samara Lombok villa designs will be sympathetic to the local landscape and influenced by the nature of Lombok.

Additionally, Samara Lombok is more than just a real estate development, it aims to become a bespoke community of likeminded people. Off the grid, yet equipped with all amenities required for, the contemporary villas are inspired by traditional designs, and are complemented by a range of dynamic land and sea activities as well as dining options.

The project consists of three distinct areas: Samara Bay, Samara Beach and Samara Hills. Samara Bay features a hotel; Samara Beach is home to a range of studio units and a beach club; and Samara Hills is a stunning villa estate where owners will be able to access to the full range of facilities throughout the trio of communities.

Highly-respected developer Rascal Republic is behind Samara Lombok. The firm is predicting strong capital appreciation on the land and villas at Samara Hills. This growth looks to be sustainable long term as Lombok develops into a world-class destination with proper infrastructure. Another benefit of an investment into Samara Hills is the robust legal structure in place that provides investors with an 85-year leasehold agreement.

It is important to act quickly to secure your space at Samara Hills. Only a limited number of plots remain as part of the development’s first phase. These will be taken up soon.

For more information, please visit:
www.samaralombok.com


Invest in the UK property market’s recession-proof segment with Experience Invest

Aura in Liverpool is one of the student housing projects in the Experience Invest portfolio

Investors based in Southeast Asia have traditionally shown a strong interest in the British property market. In many cases, the interest stems from the UK’s higher education system with many either having attended university in Great Britain or opting to have their children study there.

“Understanding this market trend, and the cost of accommodation for students, has enabled Southeast Asian investors to achieve rental returns through investing in student housing. This segment is widely considered as the UK’s best performing asset class,” Jerald Solis, Business Development and Acquisitions Director, explains.

Experience Invest has a proven track record of success and has consistently provided clients with innovative opportunities. For example, it was one of the first property consultancies to offer individual investors the ability to enter the lucrative student property sector in 2011.

According to research from Knight Frank, the level of investment in the UK’s student property sector surpassed GBP4 billion in each of the past two years. In fact, the consultancy points out that the entire student housing sector in the UK could be worth up to GBP50 billion to the UK economy by the end of this year.

The booming sector has drawn the attention of some of the world’s largest institutional investors. GIC, Singapore’s sovereign wealth fund; the Canada Pension Plan Investment Board; PGGM, a Dutch pension fund; and Gingko Tree Investment, a Chinese state-owned fund, are just a few of the players scooping up UK student housing.

“It is no surprise that the student sector has attracted the attention of heavyweights. Individual investors have every reason to be confident in the student market and as its popularity grows, this asset class will move from a niche option to a mainstream addition to property portfolios,” Solis says.

He adds, “The UK’s purpose-built student property market offers investors encouraging prospects, largely because of the imbalance between supply and demand. Student numbers are increasing across the UK, with the latest UCAS data reflecting a record number of 18-year olds applying for a place at university in 2018. As a result, higher education providers across the country are unable to meet the growing demand for student property.”

Aura in Liverpool is just one of the exciting student housing projects in the Experience Invest portfolio. Investors will be able to enjoy passive rental income from a fully managed property in the high-demand UK student housing segment.

Buyers who wish to secure a passive rental income from a fully managed property within this sector will be interested in learning more about Aura.

“Generating an assured 8 percent NET for five years, en-suite and studio rooms are available within Aura, a student-centric development. Aura is the closest new-build development to the prestigious University of Liverpool and will provide much-needed accommodation for the city’s student population,” Solis states. “To underpin rental returns in the coming years, Aura will feature a selection of student-friendly, communal facilities to enhance the student experience.”

A recession-proof investment at an opportunistic time

The student market is seen by many as one of the safest options for property investors in the UK. That is due in part to the segment’s proven resilience in times of economic uncertainty. Mentioned previously, demand is far greater than supply and could even grow in the short term.

Solis points out that the dip in the value of sterling has made studying in the UK more affordable to overseas students. The vast majority of international students studying in the UK currently come from Middle East and Southeast Asia. Meanwhile, EU student numbers have not dropped since the referendum in 2016. Even a potential decline in the aftermath of Brexit from this demographic will have little to no impact on the market.

But this is only one piece of the puzzle. Many Southeast Asian buyers are now taking advantage of the favourable exchange rates on offer. In Thailand, a strong Thai baht coupled with a weak pound has created attractive opportunities that weren’t available in the past. Of course, it is important to act swiftly.

“In context with wider economic trends, there is a current perception amongst overseas buyers that now is the time to purchase to benefit from the UK’s property market, before the sterling regains its full strength,” Solis notes. “At Experience Invest, we believe when the dust settles after the UK leaves the EU, and some of the new trade negotiations are in place, the pound will recover back to the pre-Brexit level.”

Experience Invest is a full-service property partner

Experience Invest has 15 years of experience in connecting property investors with market-leading products that have been designed to deliver assured rental returns from a fully-managed property investment. Buyers can be confident that they are entering a safe buying environment, with full transparency throughout the purchase process.

Acting as the exclusive agent on all products it offers, Experience Invest has forged close relationships with developers and the managing agents to ensure that clients receive their assured rental assurance. Investors not only enjoy best-in-class service, but they’ll also be able to choose from a diverse portfolio of projects and property types.

“As a specialist property consultancy, Experience Invest provides clients with detailed information on the product and current market conditions to allow them to make an informed investment decision,” Solis says. “As each opportunity is off-plan, Experience Invest’s dedicated Aftersales Team provides investors with construction updates throughout the build phase.”

At the end of the day, property investors from Southeast Asia who are looking towards the UK should leverage the expertise and local knowledge of a consultancy like Experience Invest. Doing so can unlock new approaches to UK real estate investment that are both lucrative and hassle-free.


Invest in the unique heritage of Thonglor

A very special opportunity to invest in the unique heritage of Thonglor is currently available.
Click here to learn more
 or keep reading to find out how HYDE Heritage has capture the spirit of this amazing Bangkok neighborhood.

The unique heritage of Thonglor is what makes it one of Bangkok’s most well-known neighborhoods. The happening restaurants, endless entertainment and unmatched energy make it popular with people from all walks of life. It is also among the most desirable addresses in the city.

However, finding a residence that lives up to the prestige and heritage Thonglor offers is not always easy. In order to build a condominium that could truly meet the needs of modern lifestyles, a partnership between Japanese-based developer Sumitomo Forestry, Grande Asset Hotels and Property and Property Perfect was formed.

Together, the trio aimed to create an impeccably designed residential development in Thonglor that would offer the perfect balance between glamorous contemporary living and comfortable functionality.

The result was
HYDE Heritage
, a condominium adding to the unique heritage of Thonglor. This starts with exceptional detail and craftsmanship found throughout the development. The beautiful exterior extends up, creating a landmark amidst the backdrop of Thonglor.

Residences have been designed to embrace a practical, yet refined aesthetic. Open living spaces complete with lavish kitchens have been paired with expansive floor-to-ceiling windows that let in natural light to create a bright, beautiful ambience.

A glimpse inside HYDE Heritage

Elsewhere in HYDE Heritage, a far-reaching range of amenities has been spread across eight storeys. The breadth of facilities is among the most comprehensive offerings in all of Thonglor and ensures residents can effortlessly pursue their passions.

An exceptional living experience is provided by on-demand services from HYATT Regency Bangkok Sukhumvit. The five-star comfort and personalized support offered here aren’t widely available in Thonglor and add an extra touch of exclusivity.

Don’t simply invest in property. Invest in your future and invest in the unique heritage of Thonglor with HYDE Heritage. A very special opportunity to own a residence in this ultra-luxury Sukhumvit condominium is currently available.
Click here to learn more
.


An investment in the future: Wyndham Garden Irin Bangsaray Pattaya

The uncertainty surrounding Thailand at the moment is causing some real estate investors to pause their purchasing decisions. This is understandable given the situation. However, it is important to not forget about Thailand’s resiliency.

Whether it was the SARS outbreak, the 2004 tsunami, the 2011 floods or the 2014 coup d’état, Thailand has seen its share of adversity. And, more importantly, the country has overcome all these challenges with tourist arrivals quickly reaching or surpassing previous levels.

This is something real estate investors can take solace in. Purchasing an off-plan condotel unit today will still provide returns once things start getting back to normal. And with interest rates being slashed and the US dollar stronger against the Thai baht than at the start of the year, it has become a buyers’ market once again.

The award-winning Wyndham Garden Irin Bangsaray Pattaya

Of course, choosing the right project matters in times like this. Wyndham Garden Irin Bangsaray Pattaya remains a strong future investment since it is in a desirable location and backed by a strong hotel brand. Let’s start with the former.

Bang Saray Beach is one of the best on Thailand’s Eastern Seaboard. It has become a popular place among both domestic and international tourists, which is important since this creates more demand for rooms throughout the year.

If you are unfamiliar with Bang Saray Beach, it is cleaner and less crowded than those beaches found in and around Pattaya. Wyndham Garden Irin Bangsaray Pattaya is close to the beach while the property’s rooftop amenities make it the perfect place to watch sunsets over the Gulf of Thailand.

Moving on to the importance of the brand, more recognizable hotel brands historically attract more guests and have higher room rates. People from around the world already know Wyndham Garden and that means they will be comfortable with the quality and service offered at Wyndham Garden Irin Bangsaray Pattaya.

Wynhdam Garden Irin Bangsaray Pattaya won two honors at the Dot Property Southeast Asia Awards 2019

However, Wyndham Garden Irin Bangsaray Pattaya has a lot more to it than a good location and popular brand name.
The project won Best Condotel Eastern Seaboard and Best Interior Design Eastern Seaboard at the Dot Property Thailand Awards 2019
. Meanwhile, at the Dot Property Southeast Asia Awards 2019,
it was honored with the awards for Best Condotel Development and Best Condotel Interior Design
.

The design of each unit at Wyndham Garden Irin Bangsaray Pattaya from Irin Property features a modern luxury style catering to the unique needs of travelers. Units come equipped with a Jacuzzi bathtub ensuring a peaceful space as well as a balcony.

Special offer

Anyone who purchases a unit at Wyndham Garden Irin Bangsaray Pattaya is guaranteed a return of six percent per year during the first five years the property is open. There is also a buyback option in place if you decide to sell the unit after 30 years.

Those who purchase a unit will also be entered into a lucky draw to win a Mercedes Benz valued at THB2.47 million (USD75,300). For every 30 units sold, one car will be given away.

Finally, several limited time only discounts are available for units in Wyndham Garden Irin Bangsaray Pattaya.
You can visit their website
 for more details on these special offers or get in touch with them at:

Tel.
 061 974 1965

Tel.
 033 641 505

Line ID:
 Irinproperty


Investment remains robust

According to new research by real estate firm JLL, total direct real estate investment is expected to have reached US$ 689 billion during 2015, with expansion predicted for 2016.

Institutional investors continue to allocate significant capital to real estate, and they are broadening their investment to include segments such as student housing, healthcare and the private rented residential sector in markets outside the U.S.

As business and political leaders convene to discuss global issues at the World Economic Forum annual meeting in Davos, Switzerland, it is clear that real estate has established itself as a key driver of economic growth in both established and emerging cities across the globe. The top 30 cities accounted for nearly half (48.5 percent) of total global real estate investment in 2015.

According to Colin Dyer, Chief Executive Officer of JLL: “As we mark the sixth straight year of robust commercial real estate investments, we are optimistic the market is still on track to average US$ 1 trillion per year by the early 2020s.

The ‘Big 6’ cities of New York, London, Tokyo, Paris, Hong Kong and Singapore will continue to lead in terms of transactional activity, and we anticipate more cities will become more investible and challenge the ‘Big 6.’”

The research from JLL identifies additional trends regarding city investment.

Investor demand for prime assets in the world’s most globalized metropolitan economies reached new heights in 2015, with New York overtaking London in investment levels. Those two cities accounted for a record 13.2 percent of global activity in 2015.

The ‘Big 6’ combined were relatively steady at 21 percent of total investment activity.

U.S. cities accounted for half of the Top 30 cities in 2015. Seattle, San Diego and Miami registered sharp growth in investment activity and re-entered the Top 30. Honolulu appeared for the first time boosted by a few major retail deals.

Global commercial real estate investment in 2015 was 3 percent below 2014 levels (US$ 700 billion) and 9 percent below the all-time high in 2007 (US$ 758 billion).

Direct commercial real estate investment into emerging markets (excluding China) fell by one-third, from over 8 percent of the global total in 2014 to 5.5 percent in 2015. Factors included China’s equity market correction, lower commodity prices and the potential negative impact of higher U.S. interest rates on emerging market currencies. Shanghai and Beijing, however, had a stronger 2015 and remain the only emerging world cities among the Top 30.

There is particularly strong investor interest in ‘New World Cities’ which are small to medium-sized, have a favourable infrastructure and liveability platform and have achieved global reach through specialisation. Examples include San Francisco, Seattle, Munich, Miami and Barcelona. A core set of 32 ‘New World Cities’ now account for nearly 20 percent of global real estate investment compared to about 10 percent in 2006.

Economic and real estate rebounds in Europe prompted Madrid’s presence in the Top 30 for the first time since 2009, while Milan sat just outside the Top 30 in the 31st position.


Where were investors buying Phuket villas in 2020?

Those buying Phuket villas last year focused on Cherng Talay with Knight Frank Thailand reporting that 57 residences were sold here in 2020. There were 38 villas sold in Kamala, best known for the famed Millionaire’s Mile, while another 34 transactions occurred in Bang Tao.

The rise in popularity of Cherng Talay is not surprising as this area has seen significant development over the past decade.
Improvements started when Boat Avenue opened in 2012 and has carried on with the launch Porto de Phuket from Central Group, Thailand’s largest retail player
, in 2019.

Investors buying Phuket villas in Cherng Talay have a number of options to choose from. However,
Shambhala Grand Villa just might be the area’s most notable developments
. The pool villa project caters towards those who want an eye-catching property with solid investment returns, a combination Knight Frank Thailand believes is important.

“Although Phuket is a small island, it has been able to generate considerable revenue for Thailand. Villas in Phuket not only serve as holiday homes, but they are also investments with good returns for buyers, as the prices of villas in Phuket have continuously risen,”
Khun Nattha Kahapana, Deputy Managing Director and Head of Knight Frank Phuket, explained
. “In addition, villas are able to generate rental income for buyers when they themselves are not in residence.”

More investors buying Phuket villas in Kamala and Bang Tao

It is not surprising that people were buying Phuket villas in Kamala and Bang Tao last year as these have been two of the island’s most popular destinations for quite some time.

Villa developments in Kamala tend to focus on high-end buyers with limited land and stunning ocean views making it a playground for the wealthy. An example of this is Avadina Hills by Anantara, a collection of 11 pool villas overlooking Layan Beach. The recently launched branded residences are adjacent to the 5-star Anantara Layan Phuket Resort and promise investors unmatched exclusivity.

Related:

Explore Southeast Asia’s most exclusive branded residences

Bang Tao
 has a more diverse range of villas available in terms of both pricing and size.
Anchan Hills
 is perhaps the most popular villa development in this part of Phuket at the moment.

The residences feature natural materials, quality fittings and Balinese-style architecture that creates a striking appearance that embraces the island’s tropical charm. These design features allow Anchan Hills to capture the Phuket holiday lifestyle experience.

Read more:
Phuket’s best residential investment is Anchan Hills

More activity expected in 2021

There may have been a decrease in the number of people buying Phuket villas last year, but Knight Frank Thailand expects activity to ramp up in 2021 after travel restrictions are lifted. In particular, buyers from China are said to be eager to invest.

“There will be more buyers than before the COVID-19 outbreak; we are seeing many signs that Chinese buyers would like to purchase property in Thailand and Phuket as second residences rather than as investments as they did in the past,” Khun Nattha said. “Chinese people are of the view that, should there be a spread of an infectious disease such as COVID-19, Thailand, including Phuket, would be a safe, liveable place, with good public health systems and measures against the spread of infection diseases.”