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Author: imrana latif

The more you LEARN, the more you EARN

While the GTA condo market has been on a roll for months, detached home prices have remained stubbornly flat. But that has started to change, according to a new report.

Detached home prices rose on a quarter-over-quarter basis in 75 % of GTA neighbourhoods in Q2, according to the RE/MAX Hot Pocket Report, released this week.

Led by Palmerston-Little Italy, Trinity-Bellwoods and Niagara, prices rose 17 % quarter-over-quarter from an average price of $1,601,327 to $1,872,407. Homes in the downtown core sold within 8 days on the market.

“The real story is that after all the government intervention, the demand in the real estate market was enough to keep pushing prices upwards,” RE/MAX INTEGRA Ontario-Atlantic Region executive VP Christopher Alexander said.

After a new stress test was introduced in January, home buyers took some time to consider whether they wanted to re-enter the market, says Alexander.

“Before those new rules came into place, people really wanted to buy, but afterwards they were cautious and wanted to see how things would play out,” he explains.

While the condo market has done well as buyers turn to it for more affordable ownership options, Alexander says it was never a question of a lack of interest when it came to the detached home market.

“I don’t think buyers ever weren’t interested,” he says. “Consumers were not confident because a lot of headlines they were reading shouted that prices were falling and sales were underperforming.”

Now that things seem to be warming up, does Alexander think that the market will continue to perform well in the coming months?

“[B]arring some unforeseen global event, I think the market is showing serious signs of a rebound,” he shares. “Based on June’s numbers I think we already have rebounded, and heading into the fall and the rest of the year we could see heightened activity.”

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Are you looking to invest in property? If so, you can invest with us, and become an IREP. Few features of our plans are Secured Investments with Easy Investment Plan and attractive annual return rate.

Time To Make Money in Berlin, Germany

Berlin has emerged as the frothiest property market in the world, with the city engulfed by expensive high-rise developments and speculative buying that threatens its traditionally low rents and hip arts scene. Prices in Berlin jumped by 20.5% in 2017, according to the property consultancy Knight Frank, with other German cities.

Berlin, Hamburg, Munich and Frankfurt were ranked in the top 10 in the world for price rises, with several Dutch cities not far behind.

London was ranked 101st, with a 2% gain, while Auckland in New Zealand, once gripped by a property frenzy, dropped to 99th with a 2.2% increase.

Attempts by the authorities in Vancouver to quell its soaring prices – including a 15% foreign buyer tax – appear to have stalled, with prices in the Canadian city jumping by 16% in 2017, the fourth fastest in the world.

Berlin’s move to the top of risers, follows several years of soaring prices; the average property price has increased by more than 120% since 2004.

Foreign buyers have flocked into Berlin’s residential and commercial property market, with the US investor Warren Buffet to acquire a top-end real estate agent in the city  (£3.3m).

The boom has been fueled by cheap borrowing and a fast growing population. The city’s population has grown by about 50,000 a year over the past five years to 3.5 million. It is projected to reach 4 million by 2035.

Are you looking to invest in property? If so, you can invest with us, and become an IREP. Few features of our plans are Secured Investments with Easy Investment Plan and attractive annual return rate.

The Residence at Nine Elms: Central London apartments with an affordable price tag

 

Central London’s residential, cultural and business quarter is welcoming its residents. The extensive regeneration of Nine Elms has transformed this former industrial site into a state-of-the-art destination for life, business and entertainment in the heart of the capital.

The Nine Elms regeneration has created approximately 20,000 new homes, 3.2 million square feet of office space and 2.3 million square feet of retail space, along with a new 30-acre park, community amenities and two new Underground stations connecting this new neighborhood to the city.

As well as its desirable location on the vibrant South Bank of the Thames, Nine Elms offers residents and investors significant house price discounts for prime Zone 1 property, directly across the river from some of the world’s most expensive real estate. The Residence at Nine Elms, offers a collection of one-, two- and three-bedroom apartments by leading UK developer Bellway.

Discover London’s new business and leisure hub

Nestled between Vauxhall and Battersea, Nine Elms is a district that brings life and shopping, dining and leisure opportunities with a lower price tag, to the already impressive cultural offerings of the South Bank. The Nine Elms Park bring a touch of nature to the district, featuring green spaces, riverside walks and cycle trails connecting to the Thames River Path.

Nine Elms is also offers a major center for business in London, with tech giant Apple having already purchased 500,000 square feet of office space to establish its new UK headquarters at the iconic Battersea Power Station. Other global corporations are following suit, attracted by the international prestige of the area which houses the new US Embassy, due for completion in 2018–19.

The proximity of world-class education institutions, such as King’s College, Imperial College and University College, as well as an impressive selection of local primary and secondary schools make Nine Elms an appealing choice for families with children of all ages.

Manhattan style in the heart of London

The Residence at Nine Elms features 324 apartments across several buildings.  All apartments offer picturesque views over the river or surrounding parks and public spaces, with bespoke furnishings, fully integrated appliances and contemporary design inspired by New York.

Colin Veitch, Director at GRID Architects, explained: “Our vision was to create something uniquely contemporary, outside and in. On the outside, our brick façades have highlights of glazed colored tiles and the brick is like Manhattan’s mansion blocks, but with a contemporary feel. Apartments were designed with an exceptional specification, including kitchens with quality appliances and bathrooms with spa-like fittings.”

Residents have exclusive access to luxury facilities including a private gym and yoga room, meeting suite, media lounge and a 24-hour concierge. The new Nine Elms and Battersea Underground stations will be just a few minutes’ walk from the door when they open in 2020, for convenient travel all over the city and less than an hour’s travel time to the three major London airports. The existing Vauxhall station is just 15 minutes away.

These apartments are good investing opportunities for those who look forward to grab the best in the International Housing Market.

Are you looking to invest in property? If so, you can invest with us, and become an IREP. Few features of our plans are Secured Investments with Easy Investment Plan and attractive annual return rate.

Property gaining value in Monaco housing market

Monaco is a country so small, it’s measured in acres, not miles. The whole of the principality could fit into New York’s Central Park. Yet as diminutive as it is, Monaco is the international epicenter of glamour. In this narrow strip of land between the southern Alps and the Mediterranean Sea, millionaires make up nearly a third of the population.

There’s much to attract high net worth individuals: security, privacy and favorable tax laws. There are no income or personal gains taxes. That, of course, is not the whole story.

Monaco offers an exceptional lifestyle in the heart of Europe. Sunny summers are ideal for yachting enthusiasts. Come winter, a handful of ski resorts are located within a two-hour drive. Its attractions are epic scale, from the Formula One Grand Prix to the famed Casino de Monte-Carlo Casino, an architectural masterpiece with its bas-reliefs, frescoes and sculptures. So many want a piece of this seaside city-state that native Monegasques are minorities in their own country, making up just 20 percent of the population.

No restrictions are imposed on international property buyers who come house hunting knowing land is limited and no bargains are to be had.

The Monte Carlo district is a jewel in the Grimaldi dynasty crown. The priciest of Monaco real estate is in the Carre d’Or area around the glitzy central square, Place Du Casino. Modern luxury high rises overlook Larvotto Beach. A penthouse here, is among the world’s most expensive. Fontvieille is the newest residential area. This man-made waterfront neighborhood, which includes sports facilities, a heliport, marina and restaurants, was created from land reclaimed from the sea in 1981. The quarter of La Condamine is one of the oldest, home to Port Hercules, Monaco’s only deep-water–and mega yacht-jammed–harbor.

With supply in short shrift, Monaco still beat out Hong Kong as the priciest luxury home market in the world, according to a yearly overview of the principality released this week by the consultancy Savills.

The principality trounced the Chinese SAR as the average home price in the former climbed to € 4.5 million ($5.26 million) in 2017, up 6% from the previous year.

“Wealthy residents hold their property for long periods, while little new stock is added,” Paul Tostevin, associate director at Savills, wrote in the Spotlight report on Monaco.

With an average price per square metre of € 41,300 per square metre ($4,500 per square foot), Monaco remains the most expensive residential market in the world – 13% than prime Hong Kong, the second most expensive market.”

Home to 139 nationalities, Monaco suffers from “extreme” land constraint. New development sites rarely become available in the principality, with on going major schemes like Sporting d’Hiver set to deliver only properties to rent rather than buy.

The dearth of available homes to own in the principality is working against strong demand from high-net-worth individuals around the world. Only €2 billion ($2.3 billion) worth of homes were sold in Monaco last year, a staggering 23% dive from sales of €2.7 billion the previous year.

Project Portier, which began last year, is set to add six hectares and 54,980 square metres of new habitable space of new land to Monaco, but even this will make “only a dent in the supply shortage,” researchers stated. “We expect new build transaction volumes to drop off significantly in the near term.”

Related Article.

Are you looking to invest in property? If so, you can invest with us, and become an IREP. Few features of our plans are Secured Investments with Easy Investment Plan and attractive annual return rate.

The 5 Stages of Investing

Investing is like love, it takes commitment to make things work. Both have complex structures that people often fail to understand.

Just like love, investing takes time, loyalty, and patience and it passes through phases.
Psychologist Dr. Jed Diamond saw that there is a near-universal pattern of experiencing love and defined the 5 stages couples go through in every relationship. Similarly, investing follows the same path.

Stage 1: “Falling in love”.

The stage where hopes and dreams of lifelong companionship starts. This stage in Investing is “Goal Setting”. It is the starting point where life’s dreams are formed and the things needed to achieve these dreams are itemized. Optimism and enthusiasm are the characteristics of this stage.

Stage 2: “Becoming partners”.

The stage where relationship deepens and the couple becomes one. This stage in Investing is “Commitment”. Investing becomes a habit and the focus is on long term rewards rather than immediate gratification such as purchase of luxury items. Consistency and discipline are the characteristics of this stage.

Stage 3: “Disillusionment”.

As Dr. Diamond puts it, this is the “beginning of an end”. The relationship encounters difficulties and causes the couple to give up or become stronger together. This is the “Bewilderment” stage in Investing. Markets are unpredictable and chances are, it causes panic and results to untimely redemptions for those investors who are not financially and emotionally prepared. Meanwhile, those investors who understand the market’s volatility stay committed with the end goal in mind. Fear or fortitude are the characteristics of this stage.

Stage 4: “Creating Real, Lasting Love”.

Relationship wounds are healed with maturity and empathy, helping the couple face bigger challenges. This investment stage is “Deepened Understanding”. An investor develops the capacity to control emotions with objective thinking superseding subjective feelings. The investor is now able to appreciate the volatile market. Resiliency is the characteristic of this stage.

Final Stage: “Combining Two Forces to Change the World”.

Being able to understand each other and overcome challenges, the couple now uses their relationship as an example to help others. This is the “Encouraging Others” stage in Investing. While not everyone reaches this stage, this is the point where the investor becomes an advocate, shares the investment journey and encourages other people to start investing. Generosity and inspirational are the characteristics of this stage.

Comparatively, investing just like love is not a walk in the park. There will be challenges and roadblocks presented by market volatility. Time is of the essence and one must stay committed to be able to achieve set goals.

Related Article.

Are you looking to invest in property? If so, you can invest with us, and become an IREP. Few features of our plans are Secured Investments with Easy Investment Plan and attractive annual return rate.
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