Rise in China and Singapore cross-border property investments

In global real estate sectors, the Chinese are known to be ferociously investing within as well as outside of their country. But is anyone else buying into properties on the mainland?

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Photo credit: CapitaLand China

Increasingly, investors looking to invest in land plots are looking to China to fulfil their development needs. Most of these are companies or developers looking for value-for-money options to buying land in Singapore, which is rare and often priced high. The property cooling measures and 5-year completion deadline for residential projects are also factors property investors are looking elsewhere.

In Q1 of 2017 alone, 88 per cent of investment monies in Asia Pacific residential land from Singapore went instead to residential sites in China. Cross-border investment activity has increased, as also seen in the high bids from China-based developers and co-ventures on recent collective sales within Singapore. Residential investment between China and Singapore has risen 137 per cent over the last 10 years to $42 billion last year.

Singaporean developers are also looking elsewhere for lower-cost assets and with the cultural and language similarities, and geographical proximity, China seems like as good a choice as any other. Within Southeast Asia, Vietnam and Malaysia are also on the list; as are Sydney and Melbourne in the Asia Pacific region. Property analysts expect continued increases in land prices in Singapore as government land sales sites are becoming limited.

New 153,000 hectare township near KL planned for next 30 years

There are big plans for a big project spanning 153,000 hectares in Negeri Sembilan, just beside the administrative capital of Putrajaya. At twice the size of Singapore, the township will launch its first phase which at 11,000 hectares is 22 times the size of Sentosa, in Q3 this year. 

MVV ipropertyMYThe Malaysia Vision Valley (MVV) is a major township development which encompasses the Seremban and Port Dickson districts near the Kuala Lumpur International Airport (KLIA) and just an hour’s drive away from downtown Kuala Lumpur. The masterplan is managed by 2 government-linked entities – Sime Darby Properties and Kumpulan Wang Persaraan – and  is reflective of the Iskandar Malaysia development in Johor. The MVV will consist of 5 main clusters, namely: a Central Business District (CBD), residential estates, a nature city, an education and technology hub and a tourism and wellness precinct.

SenadaResidencesSimeDarbyPhoto credit: Sime Darby Properties

The residential offerings in this new township is expected to be at lower costs in comparison with the higher property prices in KL city. There seems to be future plans for an eventual merging of KL and Seremban within the next 2 decades and the current impetus is for the development to accrue RM290 million (S$93.9 billion) in investments and to become the hotbed of potentially 1.38 million job opportunities. The federal government has also put aside RM560 million to develop transportation infrastructure that will serve the MVV district.

 

Animal Sign Forecast for Career

Lucky Cat

At the stroke of midnight on the Lunar New Year of 2017, the Fire Monkey makes way for the Fire Rooster. While it is a time for families to get together and children to light up the skies with fireworks, the New Year is a time for constructive change.

It encourages a special change in our approach to important life matters such as wealth, health, relationships and of course career. With that, let’s take a look at how each animal sign will fare from a career perspective in The Year of the Fire Rooster in 2017.
The Rooster

There would be minimal obstruction in your pursuit of greatness in career. You will dream big but it is important to focus on the job at hand and execute it in orderly fashion.

Hasty decisions with these wild ambitions will only tear down what you have built thus far. Remember to nurture relationships with colleagues and subordinates alike to make the process of carrying out your duties that much easier.

Best dates to start work in the Lunar New Year:

  • 31 January 2017 at 8.30am
  • 4 February 2017 at 8.30am
  • 8 February 2017 at 9.30am
  • 12 February 2017 at 9.30am
  • 24 February 2017 at 9.30am

[Read more…]

A Rare Seaview Freehold Residences – City Living At Its Best

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Unit mix and layout to target different buyers group

The freehold development comprises of 283 units spread over 3 blocks towering 24-storey and a range of 1,2,3,3+1, 4-bedroom units and penthouses catering to different target groups such as single, young professional and family with children. The space planning was designed efficiently to achieve functional layout for Living, Dining, Kitchen and all Bedrooms.

 

Urban lifestyle with magnificent views of the sea and greenery

The selling point for Skyline Residences is that the apartments are designed for residents to enjoy a contemporary urban lifestyle on the fringe of Centre Business District (CBD) with scenic views and close to nature. All the units are carefully laid out to take full advantages of the panoramic views of the seas and unparalleled glimpse into the Keppel Golf Link. Living areas and bedrooms are positioned for the best lookout views.

Skyline Residences is well connected to Labrador Park, Mount Faber Park and Telok Blangah Hill Park for those who love outdoor greenery and nature.

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Potential good investment returns

Skyline Residences is located within the upcoming Greater Southern Waterfront City Developments that is seamlessly integrated with Singapore’s downtown districts and its surrounding retails and business centres. Greater Southern Waterfront could be built up for new housing, commercial, cultural and entertainment users, cementing Singapore’s growing reputation as a world-class city for its people to live, work and play.

The marketing and sales pitch therefore capitalised on the upcoming new developments at the Greater Southern Waterfront City to boost the Skyline Residences’ potential for rental income, capital appreciation in value.

Skyline Residences is thus anticipated to become a compelling option for investors and an ideal urban lifestyle for homeowners.  It is a good investment returns with potential appreciation in capital value.

 

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For more information, please visit Bukit Sembawang – Skyline Residences

Singapore developer plans for 302-unit condo in Ho Chi Minh

One of Singapore’s property giants, CapitaLand, has just bought up a prime piece of land in Ho Chi Minh city and intends to develop a luxury private residential and serviced residence project which will yield 302 units across 0.5 ha in the city’s Cau Kho ward of District One.

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Photo credit: CapitaLand Vietnam 

CapitaLand has previously launched 3 residential projects in Vietnam, including The Vista, Vista Verde and Seasons Avenue. All 3 had sales launches in Singapore and response has been positive ever since Vietnam relaxed their rules on foreign ownership of local real estate. The fact that this recent US$51.9 million (S$70 million) purchase is the developer’s third acquisition in less than a year and a half makes them a formidable foreign presence in the Vietnamese real estate sector. This launch will bring CapitaLand’s residential real estate portfolio in Vietnam to 9,100.

thevistavietnamPhoto credit: CapitaLand Vietnam 

As The Ascott‘s largest market in South-east Asia, CapitaLand will be managing the 200-serviced apartments in this new project under Somerset brand. The 17-storey residential block is targeted for a year-end launch, and will house 102-units made up of two- to four-bedroom apartments and penthouses. Akin to Cairnhill Nine, also developed by CapitaLand, in Singapore, plans are for the residential tower to also offer concierge services from the neighbouring serviced apartment block. This is apparently a first in Vietnam.

European-living in Tampine’s new condominium

It looks like the east will be getting a mountain deal of a new condominium development with a 9-block, 626-unit Swiss Alps-inspired one in Tampines. Named The Alps Residences, it is designed by a Switzerland-based architectural firm and the developers promise nature landscaping and a general ambience akin to living in well, the Swiss Alps, sans the alps of course. And resort-living it could be, as it will boast 30 facilities including a 50-metre lap pool, roof terraces, 2 shops and more than 100 bicycle lots.

alpsresidencesMCC Land launched a preview of the 99-year leasehold project last Saturday and it will be one of the larger launches this quarter, following weaker market showing due to the Hungry Ghost month in August. This will be their second private residential project in Tampines, the first being the Mediterranean-inspired The Santorini.

SantoriniThe Alps Residences is situated near the Tampines Regional Centre which consists of a hub of 3 shopping malls, the bus interchange and also the Tampines MRT station. The project has a good mix of 182 one-bedders, 416 two- and three-bedders and also larger units such as four-bedroom apartments and penthouses. Unit sizes are ranging between 441 to 2,486 sq ft and prices are set between $900 psf to $1,200 psf. With one-bedroom units going for approximately $400,000, the prices are well within the affordability range of recent buyers. Completion is estimated for 2020.

 

Glass tower condominium project in KL

eatonresidencesgshThe glass ceiling may not be such a bad thing in the case of this 52-storey private residential project in Kuala Lumpur. The massive development will feature an all-glass facade and an infinity sky pool – the highest in KL.

Developed by Singapore’s GSH Corporation, it is the developer’s first condominium launch in KL though they already have a slice of the real estate pie with their involvement in the Sutera Harbour Resort in Kota Kinabalu and also the Coral Bay@Sutera residential development just next to The Magellan Sutera Resort .

eatonresidences2Photo credit: GSH Corporation

Overlooking the Petronas Twin Towers and Royal Selangor Gold Course, the 52-storey Eaton Residences will have views that may be well worth the RM1.14 million (S$375,000) to RM4.92 million (S$1.62 million) price tags. The 99-year development is slated for a completion date of 2020 and will consist of 632 units, each with a unique view of either the Petronas Twin Towers or the golf course due to the specially-designed tilt of the building. It will have a good range of 635 sq ft one-bedders to 2,874 sq ft four-bedders as well as penthouses sized between 2,200 to 3,000 sq ft priced at RM$4.19 (S$1.38 million).

GSH has released 200 units in its initial launch where 150 units have already been booked through private previews.

The iProperty.com Home & Property Fair Makes Its Debut at Johor Bahru City Square this 30 Sept – 3 Oct 2016!

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Have you ever thought of purchasing a property but have no idea where to begin? Are you a first-time homebuyer hoping to find a place of your own? Are you an experienced investor waiting to find out about more amazing projects? Either way, come on over to our Home & Property Fair at Johor Bahru City Square this 30th September – 3rd October 2016. The fair will be held from 10am – 10pm.

During this 4-day event, prominent developers in the country will gather under one roof to showcase their new and upcoming projects. Property consultants and advisors will be eager to answer your queries. Aside from that, there will be exciting activities in store such as free talks given by renowned industry experts such as Khalil Adis, Gary Chua, Kaygarn Tan, Dan Toh, Rachel Lim and more that will be held on Saturday 2nd October to Sunday 3rd October 2016 from 2.30pm-6.15pm.

We will be having a Friday Special Giveaway Session on 30th September 2016 from 3.00pm to 6.00pm. Just ‘Like’ our Facebook Page (facebook.com/ipropertymalaysia) and you will stand a chance to win a lucky draw mystery gift!
We also have a Sand Art corner for your little ones which will be held on Saturday 2nd October to Sunday 3rd October 2016 so that you can search for the property of your dreams with a peace of mind. All registered visitors at the event are applicable to join our Lucky Draw Sessions which will be held on Saturday 2nd and Sunday 3rd October 2016 at 4.15pm and 6.15pm. Exciting prizes will be up for grabs such as Samsung Galaxy Tab A 2016 8GB, Bayers Slow Juicer, Sharp Plasmacluster Air Purifier and more!

If you are keen to find a property, it is an event that you would not want to miss! Admission is free so what are you waiting for? See you there!

‘Like’ and stay tuned to our Facebook Page as well as the Events Page to get more updates on the expo.