Park First Airport Car Parking

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The UK’s airport parking companies have seen the highest growth and highest yielding returns within the commercial car-parking industry over the last three decades.

Park First is proud to offer the first affordable UK airport parking property investment opportunity. We believe this investment is low risk and highly profitable, you will receive guaranteed returns from a 6 year lease already in place upon completion.

You will receive full title dees in your name on completion. Airport parking is a solid asset backed commercial property and creates diversification across any investor’s future portfolio.

A Proven Investment Opportunity

The proposition is for an investor to purchase an individual long stay airport parking space that is leased back and managed on your behalf by a well-established airport parking company with over 20 years experience.

A unique feature of the investment is the on-line booking software and number plate recognition systems which allows for a very hands-off approach to benefit end users and investors alike.

Airport Car Parking provides higher yields than other traditional ‘buy-to-let’ investments. The scale of popularity and the rise of interest in car park investments are exemplified by the global market size, which is estimated by Colliers to be worth $12.6 billion.

Investors worldwide understand the need for airport car parking and with many car parks operating at almost full capacity on a daily basis this investment is proving very popular as well as lucrative.

Facts & Figures

  • Almost 8 million passengers travel through Glasgow International Airport each year, that’s nearly 22,000 passengers per day
  • 17,900 parking spaces are required by the Airport before the year 2020
  • Official figures show Glasgow Airport has only 2,700 long stay parking spaces (2011), therefore demand for extra airport parking is huge
  • 92% was the average occupancy of Park First’s 4,500 airport parking spaces throughout 2014
  • Park First has now released 4,500 airport parking spaces for sale to investors worldwide

For more information, sign up for Park First’s seminar on Saturday, 23rd May 2015 to find out more.

 

Better Business Inspired Investment – Parking Spaces, An Emerging Asset Class

Date: 23 Mar 2015 (Sat)

Time: 10am – 2pm

Venue: Red Velvet Ballroom, Level 5, Village Hotel

*registration starts at 10AM.

To RSVP call 83338403 (Issa) or 98466686 (Yahya)

 

Phuket Inside Out

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Known for its sandy beaches and vibrant nightlife to tourists, Phuket is fast becoming another property hotspot for property investors around the world. With an influx of tourists in the area, especially driven by the power of the Chinese Yuen, Phuket properties are now well regarded as a strong investment with high potential returns.

With a staggering range of property for sale in Phuket from the aftereffects of the nationwide property boom, developments in the idyllic island paradise can include anything from basic studio apartments to luxury villas with breathtaking beach views.

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Phuket is generally warm all year round with the wettest season during the months of September to October. Tourists, however, love to visit this area during the cool monsoon season, from December through March, with cool breezy winds that keeps things comfortable.

With the economy driven up by a large influx of Mainland Chinese tourists who are attracted by the weather and the beautiful, scenic views of the city, investors all over the globe have come to recognize Phuket properties as one of their must-buy as part of their property investment portfolio.

There’s no better time to find out about Phuket than from Sansiri, one of Thailand’s largest and listed property developer. From finding out exactly which part of Phuket you should invest in for maximum rental yield and potential capital gain to the latest updates on upcoming infrastructure projects that point the best areas for you to focus your investment in, now’s the time to hear directly from the local experts and not just from what’s on the web.

Within 30 minutes, you will also find out about how to maximise rental income by adopting different leasing strategies and the transaction costs and taxes involved when you invest in Phuket properties as a foreigner. In addition, find out about one of the best kept gem in the dCondo Mine project, the fully furnished and designed freehold condominium priced from only SGD100,000.

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In addition, special incentives that lie in wait for you at the special event include 50% developer financing, 7% p.a. rental guarantee and 14-day from Sansiri.

With limited seats available, do RSVP early and grab your ticket to the “Phuket Inside-Out in 30 Minutes” session happening this weekend 25-26 April 2015.

RSVP here for the event right now

This advertorial is brought to you by Asia Bankers Club.

 

The Beacon of Medini, the Gateway to Paradise

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With no signs of slowing down, the township of Medini in Johor’s Iskandar Malaysia remains a property hot spot as more attractions, schools and companies sprout and expand in the area. With an estimated population of 3 million by 2025 and labour force of 1.46 million according to IRDA, the possibilities for growth remains highly positive.

While the influx of sales have slowed, there remains a steady growth in the home ownership figures. As the first wave of early adopters have already staked their claims on their favoured developments in the early phase, the current group of home buyers and investors are taking a long quick look at investments around the region, and many of them keep coming back to our favourite investment area just north of our borders.

A Greenfield development spanning 2,230 acres earmarked to become the Central Business District of Iskandar Malaysia. Home also to signature developments such as EduCity, a international best-in-class education hub, the new Johor State Administrative Capital; Puteri Harbour, a premium waterfront development across the strait from Singapore, and of course, the newly opened LEGOLAND® Malaysia theme park. It is also located conveniently a mere ten minutes from the 2nd Link CIQ and fifteen minutes to Johor Bahru City Centre.

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Against the backdrop of all these and backed by Zhuoyuan Iskandar Sdn Bdn, a joint venture company backed by China’s Zhuoda Real Estate Group and Malaysia’s Iskandar Investment Berhad, the master planner for Nusajaya, Paradiso Nuova is set to be the beacon in the heart of Medini North, Iskandar.

Crafted to deliver a new standard of living of luxury in Medini, the design concept of Paradiso Nuova has been centered on delivering spacious and comfortable living for its residents. With the architectural concept creating a visual archway to a life of luxury with decorated finishes and accessories, it is the gateway to a modern lifestyle of luxury in Medini.

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With Zhuoda Real Estate Group as one of China’s top 10 township developer, Zhuoyuan Iskandar has spared no efforts in making the 382-units Paradiso Nuova a haven for the residents with branded appliances, fittings and suite of comprehensive facilities including kitchen appliances from Bosch, kitchen fittings from Teka and sanitary fittings from Grohe.

As Datuk Syed Mohamed Ibrahim, president and CEO of Iskandar Investment Berhad at the development ground-breaking event last year summed it up “More than just a collection of spectacular, high-quality apartments, Paradiso Nuova will offer a way of community living that integrates the best of East and West. Paradiso Nuova by Zhuoyuan Iskandar will definitely strike a chord with Singaporeans who have grown up being accustomed to an exposure of influences from the east and the west.

To find out & experience a better way of living, beyond luxury living, sign up for our iBonus Property Fieldtrip to Paradiso Nuova by Zhuoyuan Iskandar on 11th April 2015 here.

This article has been brought to you by Zhouyuan Iskandar.

iProperty H2 2014 Survey: Sellers Up, Buyers Down

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Owners keen to sell while buyers expect price declines; HDB confidence rises.

The latest iProperty Asia Property Market Sentiment Report H2 2014, Asia’s largest consumer property sentiment survey, shows a significant shift in Singapore sentiment, with more wanting to sell (from one per cent to 16 per cent) and fewer wanting to buy now (from 22 per cent to ten per cent) as prices head lower. More respondents also expect new and resale private condominium prices will continue to decline (up from 34 per cent to 53 per cent), but are more confident about HDB values.

“The H2 2014 report shows that both property sellers and buyers are nervous a year after the start of the Total Debt Servicing Ratio (TDSR). In the H2 2013 APMSR report, just after the TDSR was announced, 59 per cent of owners were confident their property would retain its value; now only 38 per cent think so, a decline of 21 per cent.  Another 25 per cent are unsure if the value will be retained,” commented Mr. Sean Tan, iProperty.com Singapore General Manager.

“Buyers are biding their time, with affordability and financing as top concerns. While the number of respondents who intend to purchase within the next 24 months remains the same at 51 per cent, buyers may wait for new and resale private condo prices to fall,” said Mr. Tan.

Developers are already responding to the more cautious market, delaying new project launches and lowering launch prices, among other strategies. According to the Urban Redevelopment Authority (URA), developer launches decreased from 441 to 351 private homes last month. Median prices between Q1 2013 and Q2 2014 declined three per cent for completed projects, while declining eight per cent for uncompleted projects.

Singaporeans do however continue to view property as a good investment, stating rental income (34 per cent) and long-term investment (29 per cent) as the top reasons. Home ownership was at 23 per cent. Private condominiums (57 per cent) continue to be the top choice, with terrace houses at 25 per cent and HDBs at 23 per cent. Survey respondents chose price, location and potential ROI as the top three factors when purchasing properties.

“Singaporeans are confident about property and have the money. 17 per cent of respondents have identified budgets above $1 million; 61 per cent have budgeted between $500,000 and $1 million; and 18 per cent have less than a $500,000 budget. The market is now correcting after the rapid rise over the last few years ago, and demand is there at the right price point,” concluded Mr Tan.

Mr. Getty Goh, Director at real estate research and consultancy firm Ascendant Assets, noted that buyers are jumping in to purchase properties when prices are within expectation, or if they are in a good location. “Examples include the 91 per cent surge in sales in District 9 and 10 reported by Barclays, and more recently the good sales figures at Highline Residences,” said Mr. Goh.

The Highline Residences in Tiong Bahru, District 3, launched in September, saw a strong sales with 80 per cent of its 160 units launched, following a “special preview discount” that took prices from $2,000 per sq. ft. (psf) to an average of $1,900 psf. District 3 was selected as one of the top three preferred locations in the iProperty H2 2014 survey.

A large number of respondents (45 per cent) indicated lower price per square foot was more important than other incentives, such as furniture vouchers. The next most important criteria (40 per cent) were smaller unit sizes. CIMB has reported that median sizes of homes have fallen from 1,200 sq. ft. to 800 sq. ft., because “most buyers compromised on smaller units in order to keep the investment amount more affordable”.

52 per cent say HDB resale prices are not affordable, down from 53 per cent in the previous survey, and from 61 per cent before that. Only 15 per cent say HDB resale prices will continue to fall, down from 37 per cent in the previous survey. This shows pricing levels are becoming more comfortable for buyers.

Overseas Properties Popular For Investment Purposes; Malaysia #1 followed by Australia and the UK

Overseas property continues to appeal for investment, with private condominiums and serviced apartments as the preferred property type. In May 2014, the Monetary Authority of Singapore (MAS) reported that the value of overseas property investments handled by local real estate agencies increased by 43 per cent from S$1.4 billion in 2012 to S$2 billion in 2013. Malaysia accounted for slightly more than half of investments, followed by the United Kingdom and Australia.

Malaysia remains Singaporean’s top investment destination at 31 per cent. Most respondents (40 per cent) are willing to pay less than S$500,000 for overseas properties and the attractive exchange rate of the Malaysian currency against the Singapore dollar continues to draw Singaporeans. Iskandar Malaysia remains a stronghold for investors, with 58 per cent stating investment as a reason for purchase, while citing affordability (54 per cent) and proximity to Singapore (69 per cent) as positives.

Australia sees continued interest (18 per cent, down from 22 per cent) along with the United Kingdom (UK) (12 per cent up from 9 per cent). Australia appeals for its proximity, quality education and lifestyle. The UK draws interest for capital growth, yields and as a place for buyers’ children to live while they study. Recent exchange rate shifts have made investing in both locations more attractive.

Respondents also indicated a preference for seminars and exhibitions when purchasing overseas properties, with 53 per cent having purchased their overseas properties through developer shows/seminars/exhibitions in Singapore.

The APMSR is Asia’s largest consumer sentiment survey, with close to 13,000 respondents from four countries, including 2,805 in Singapore. The survey was conducted by iProperty Group from June to July 2014. For the full report, please refer to http://www.iproperty.com.sg/asia-property-sentiment-survey/download/.

The Most Expensive Real Estate Markets in the World

How does the average price per square foot of property in Singapore rank against the world? And which countries are in the Top 10 list of most expensive real estate markets in the world  for 2013? Find out here in this infographics, courtesy of Jackson+Rowe.

The Most Expensive Real Estate Markets in the World

 

iProperty Survey Shows Pricing Concern Amid Unshaken Confidence in Property

Consumers seek investment, private condominiums and overseas properties

Singapore, 30 April 2014 – The iProperty Asia Property Market Sentiment Report H1 2014 (APMSR), Asia’s largest consumer sentiment survey, reveals Singaporeans’ broad support for cooling measures and expectations of falling prices, while expressing unshaken confidence in property as an investment, both nationally and internationally. It also suggests growing pent-up demand, with private condominiums top of the purchase wish list.

iProperty.com Singapore General Manager, Mr. Sean Tan stated “The cooling measures have begun to lower prices, which respondents recognise and support. Property, in both Singapore and overseas remains a very attractive investment, and confidence in its long-term value is strong. The question now is when will buyers feel comfortable with adjusted prices and jump back in? With 51 per cent intending to buy a property within the next 24 months, there is a lot of pent-up demand.”

Survey respondents agree the implementation of the Additional Buyer’s Stamp Duty (ABSD) and Total Debt Servicing Ratio (TDSR) have helped cool property prices, but many remain unsatisfied with current price levels. More than half (52 per cent) believe further cooling measures are required.

53 per cent say HDB resale prices are beyond the reach of the average Singaporean family. That is down from 61 per cent in the previous survey. 37 per cent feel HDB resale prices will continue to fall and 49 per cent say prices will not rise for the next three years. This may indicate pricing levels are becoming more comfortable for buyers. If half expect price stability, how long will they wait?

There is a huge jump in respondents who see property as a long-term investment – 53 per cent, up from 23 per cent. 23 per cent also intend to buy a property within the next 12 months, and an additional 28 per cent within the next one to two years. Over two-thirds (67 per cent) have a preference for new developments and more – 71 per cent up from 69 per cent – are interested in purchasing a private condominium.

“Although respondents are concerned with financing options, more than half (51 per cent) have a budget above S$800,000,” noted Mr. Tan, “Some developers are already pricing their projects or lowering prices of previously launched projects to within this range.”

Sentiments towards foreign property buyers remain volatile, with 72 per cent saying foreigners are driving up property prices. 43 per cent of respondents request more ownership restrictions on foreigners. This is despite falling transactions by foreign buyers; only seven per cent of property transactions were made by foreigners in 2013.

Overseas Investment – Malaysia Falls, Australia Rises

Singaporeans continue to view international properties as attractive; 42 per cent see overseas property as a good investment and private condominiums/serviced apartments are preferred by 67 per cent of respondents. 43 per cent of respondents intend to buy an overseas property within the next two years, 26 per cent within the next 12 months.

Interest in overseas property has shifted, with increased interest in Australia (22 per cent up from 19 per cent). Malaysia, which remains the top choice, declined from 39 per cent to 35 per cent. The UK and Thailand were next, each with nine per cent.

Malaysia remains the first choice for international investment, despite the country’s own cooling measures, including restrictions on properties below RM1 million and higher Real Property Gains Tax (RPGT). Interest in Iskandar Malaysia has declined to 51 per cent (down from 59 per cent), but the area remains appealing, as most high-end properties are above the RM1 million level. Even with those restrictions, 64 per cent of respondents cite ‘affordable property prices’ as the main reason for purchasing in Iskandar Malaysia. Additionally, Medini Iskandar is exempt from the RM1 million minimum price for foreign purchase.

Respondents continue to view the Iskandar Regional Development Authority positively, with 79 per cent (up 9 per cent) agreeing that Iskandar has been promoted well. Peace of mind and security, followed by lack of caveats and data, remain areas of concern.

“The survey shows consumers retain great confidence in the property sector. Prices are declining, and while buyers are currently hesitating, the appetite for property remains very strong, at both the national and international level. The property market will certainly see a revival in demand; the big question is when. Timing the market is always tough,” said Mr. Getty Goh, Director at real estate research and investment firm Ascendant Assets.

The APMSR is Asia’s largest consumer sentiment survey, with 18,500 respondents from four countries, including some 3,000 in Singapore. The survey was conducted by iProperty Group from December 2013 to January 2014.

Down the full report at http://www.iproperty.com.sg/asia-property-sentiment-survey/download/

iProperty Survey Shows Buyers Cautious, Owners Confident

iProperty.com has launched the Asia’s Biggest Property Sentiment Survey Report and received overwhelming response from consumers and members of the media. The one-of-a-kind survey enables interested parties to gain better perspectives of the property market, current consumer sentiments and how it will affect future property decisions. The findings of the report is featured on media such as Channel NewsAsia, TODAY Newspaper, Yahoo Finance! and many others. Feel free to click on respective media logo below to view their special reports on the iProperty.com Asia Property Market Sentiments Report.

Click on any media logo below to view the respective news report

 

Download your own copy of the Asia Sentiment Consumer Survey Report. To better understand how the Singapore property market has evolved over the past few years, we have collaborated with Ascendant Assets Pte Ltd to analyse the 2013 H1 survey results.

View the special follow-up report by Ascendant Assets to shed light on the implications of the survey results. We hope the iProperty.com Asia Property Market Sentiments Report 2013 is a valuable source of information for you to understand the real estate market. Thank you for supporting us and making this possible.

How to make more money in today’s real estate market

Q: Want to make a fortune from real estate but don’t know how?

A: Get wiser with exclusive research and statistics

Join Getty Goh as he shares tips and tricks on how you can make more money in today’s real estate market. Register for your seat via the online form below.

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