Singapore has imposed an extra stamp duty of 10% on homes bought by foreigners in early December 2011.
|
|
- Esther Norton
- 6 years ago
- Views:
Transcription
1 In the past few years, property prices in Malaysia have appreciated dramatically between 20% and 80% whether in major cities or smaller towns and depending on specific location. This development can be attributed to the simultaneous financial measures adopted by countries near and far, during the global financial crisis of , namely: - the quantitative easing QE1 of US$1.3 trillion and QE2 of US$600 billion by the US - economic stimulus package of US$570 billion by China - Singapore s US$13.7 billion - Malaysia s RM67 billion (US$21.4 billion) The simultaneous financial measures and economic stimuli flooded the supply of money and increased global liquidity. This caused the real value of money to depreciate relative to property. As such, the real value of money is getting smaller in comparison to property. High liquidity, low interest rates and higher costs of land and construction materials are some of the factors pushing up property prices in Malaysia. Curbing effects Recently, property prices in China and Hong Kong have begun to decline due to measures to curb speculative buying by their governments. Singapore has imposed an extra stamp duty of 10% on homes bought by foreigners in early December In Malaysia, since Nov 2010, the maximum loan-to-value ratio of 70% for the third and subsequent property has affected housing loan borrowings. Real property gains tax as outlined in the 2012 budget has increased to 10% for the first two years and 5% from the third year to the fifth year. Bank Negara has also introduced guidelines to rein in Malaysian household debt by assessing 1 / 5
2 potential borrower s nett income in their evaluation process from Jan 1st this year. Gross Domestic Product (GDP) is estimated to be around 4.8% for Household debt to GDP ratio is expected to balloon to above 78% in Household financing facilities account for more than 55% of the total banking system s loans. Oversupply Malaysia s property market has begun to cool down during the second half of 2011 due to an oversupply of high-rise properties in the Kuala Lumpur City Centre and the Mont Kiara area. General market sentiment has also cooled due to the slowdown in China, Europe s debt crisis, stagnation in Japan and the US economic crisis. The general trend for Malaysia s property market in 2012 will be a slowdown due to declining liquidity, borrowing capacity and sentiment. It is likely the KLCC and Mont Kiara area will experience a price correction and lower rental rates for Demand for newer, high-end landed residential properties such as semi-detached and bungalow units with prices above RM1mil may also decline in This is partly due to the relative rental yield to investment which does not justify the monthly loan repayment. For example, a RM2mil bungalow fetches only a monthly rental of about RM5,000 while the monthly bank repayment is approximately RM12,000 (depending on the duration of the loan). Property prices in the city and its fringes may be stable but property located far from the city, may decline in price as the property market extends outward from the city during a booming market and contracts inwards towards the city during a market decline. The right type of property located in a good location will be stable in prices. Investment strategies There are certain property investment strategies that developers, homeowners and investors in Malaysia can adopt. 2 / 5
3 For developers, the demand for properties above RM500,000 from foreigners is likely to reduce, due to property prices correcting in their own country, such as China and Hong Kong. Properties priced above RM500,000 is beyond the affordability of most Malaysians whose average monthly income is about RM6,000. The Malaysian population by July 2011 was 28.7 million. The new wave of baby boomers born during (aged 26-32) are now in the workforce. Currently, 60% of the population is below 30. Low interest rates of 3% and the low unemployment rate of 3% will sustain the demand for properties below RM500,000 in 2012 by this generation. Developers may choose to develop more properties priced below RM500,000, phase out development to avoid oversupply, build property with attractive and innovative design, give more freebies to attract purchasers or build and sell a few years later. Rent now, buy later For homeowners, the strategy may be to rent first in a preferred or selected area and buy later. They may also selectively, bargain-hunt the secondary residential market for renovated property below market price or buy from established developer with all the freebies. In recent years, most investors invest for capital gain, for 2012, the probability for capital gain is reduced due to the high prices and changing global economics which has dampened sentiment. Buy-and-hold The upside for capital gain may be limited for Property investors may consider changing from a capital gain strategy to a cash flow strategy - change from buy- and-sell to buy-and-hold for rental income. Investors can choose to reduce or sell property that have appreciated in value, such as no-income property or low-income yield residential properties such as vacant land, bungalow lots, super-link, semi-detached and bungalow homes. 3 / 5
4 They can then choose to reinvest in high-rise residential properties (apartments and condominiums) with yield of more than 8% in a high-occupancy area. Reinvest in commercial properties which can yield more than 6% in a high-occupancy area such as shop-offices, shophouses, shoplots, retail lots and factories. Financial defence The above observations and proposed measures to adopt are only my opinion of the probable trend in the property market. However, during times of uncertainty, one s financial defence measures become more important. For a developer, a contingency financial plan should be in place for the worst-case scenario. A specific and targeted group of purchasers and their needs should be identified. And the suitability of a project location with innovative design and quality building materials should be vital points to consider to attract various segments of purchasers. For a home buyer, the monthly loan repayment should preferably, be less than 30% of one s household income. And one should also allocate money for an emergency fund to cover three to six months of one s expenses. Credit line For a property investor, a specific credit line such as over-draft facility should be in place for a period of low occupancy. There is always opportunity in property, if you know how to prepare and match your own financial capacity with the possible changes in the property market in 2012 and beyond. 4 / 5
5 We cannot change the direction of the property market but we can adjust our property investment fund and portfolios to prevent possible setbacks and capture the opportunities that arise from the changes in the property market. From TheStar 5 / 5
Democratising Property Investments
Democratising Property Investments What I wish to share today 1. Property sector outlook 2. How theedgeproperty.com can help you make better property investment decisions Property Sector Outlook The property
More informationMALAYSIAN RESIDENTIAL PROPERTY MARKET
MALAYSIAN RESIDENTIAL PROPERTY MARKET Sr. Khuzaimah Abdullah National Property Information Centre Valuation & Property Services Department Ministry of Finance, Malaysia 1 AGENDA Background Residential
More informationUrbanisation, Internationalisation and Access to Housing In Iskandar Malaysia
Urbanisation, Internationalisation and Access to Housing In Iskandar Malaysia Sr. Dr. Rahah Ismail Department of Valuation and Property Services, Malaysia rahah@jpph.gov.my rahah_ismail@yahoo.co.uk Introduction
More informationBERJAYA ASSETS BERHAD
BERJAYA ASSETS BERHAD ANNOUNCEMENT PROPOSED NOVATION OF AGREEMENT RELATING TO THE PROPOSED ACQUISITION OF OFFICE UNITS IN MENARA MSC CYBERPORT, JOHOR BAHRU 1.0 INTRODUCTION 1.1 The Board of Directors of
More informationLim Mah-Hui. Penang Forum 4 : Development and Good Governance Seminar. Dec. 18, 2011 Penang
WHAT IS DRIVING THIS DEVELOPMENT MANIA? Lim Mah-Hui Penang Forum 4 : Development and Good Governance Seminar Dec. 18, 2011 Penang 1 OUTLINE I Fallacy of Standard Arguments for Property-centric Development
More informationFINANCIAL YEAR 2012 RESULTS
FINANCIAL YEAR 2012 RESULTS 31 January 2013 Contents Financial Highlights FY 2012 Portfolio Update KLCA & Cyberjaya Office Market Outlook Klang Valley & Penang Retail Market Outlook Conclusion 2 Important
More informationPROPERTY OUTLOOK REPORT 2018
PROPERTY OUTLOOK REPORT 2018 Table of Contents 1 2 3 4 5 6 7 8 9 10 0Outlook Report 2018 Overview 02017: Year at a Glance PropertyGuru Market Index 2017 Kuala Lumpur Selangor Penang Johor Malaysian Property
More informationSekisui House, Ltd. < Presentation >
Sekisui House, Ltd. Transcript for Earnings Results Briefing for the Second Quarter of FY2018 (Telephone Conference) Date: Participants: September 6 th, 2018, Thursday 17:00 18:00 JPT Shiro Inagaki, Representative
More informationLinkages Between Chinese and Indian Economies and American Real Estate Markets
Linkages Between Chinese and Indian Economies and American Real Estate Markets Like everything else, the real estate market is affected by global forces. ANTHONY DOWNS IN THE 2004 presidential campaign,
More informationCONSTRUCTION, REAL ESTATE MARKET DEVELOPMENT AND INVESTMENT ENVIRONMENT OF MONGOLIA D.TSOGTBAATAR
CONSTRUCTION, REAL ESTATE MARKET DEVELOPMENT AND INVESTMENT ENVIRONMENT OF MONGOLIA D.TSOGTBAATAR 2015 1. General Overview CONTENT Construction and Housing Sector Real Estate Market Development 2. Challenges
More informationMarket Insights & Strategy Global Markets
Market Insights & Strategy Global Markets UAE Real Estate Review 2016 Q2 Please find below a quick snapshot of the key topics covered in this note: Pricing trends - Sales In June 2016, monthly average
More informationLANDLORDS DOWNBEAT DESPITE STRONG RENTAL MARKET
John Heron Managing Director Mortgages, Paragon HIGHLIGHTS Rental market fundamentals strong Fewer landlords optimistic about portfolio prospects Buying intentions at lowest level ever LANDLORDS DOWNBEAT
More informationThe Economy and the Housing Market. By: Dr. Zulkiply Omar Senior Research Fellow Malaysian Institute of Economic Research (MIER)
The Economy and the Housing Market By: Dr. Zulkiply Omar Senior Research Fellow Malaysian Institute of Economic Research (MIER) The Malaysian Economy Add a footer 2 The World Economy GDP Growth (% y-o-y)
More informationCorporate Presentation 3 rd Quarter 2017 Financial Results
Corporate Presentation 3 rd Quarter 2017 Financial Results 17 November 2017 Important Notice This presentation is for information only and does not constitute an invitation or offer to acquire, purchase
More informationHow low can it go? MARCH A study on the price trends and the impact of various government policies on the Executive Condominium market
P ROP ERT Y HERALD How low can it go? A study on the price trends and the impact of various government policies on the Executive Condominium market Introduction Executive Condominium (EC) is a hybrid of
More informationHow Severe is the Housing Shortage in Hong Kong?
(Reprinted from HKCER Letters, Vol. 42, January, 1997) How Severe is the Housing Shortage in Hong Kong? Y.C. Richard Wong Introduction Rising property prices in Hong Kong have been of great public concern
More informationOntario Rental Market Study:
Ontario Rental Market Study: Renovation Investment and the Role of Vacancy Decontrol October 2017 Prepared for the Federation of Rental-housing Providers of Ontario by URBANATION Inc. Page 1 of 11 TABLE
More informationCorporate Presentation 4 th Quarter 2018 Financial Results
Corporate Presentation 4 th Quarter 2018 Financial Results 17 January 2019 Important Notice This presentation is for information only and does not constitute an invitation or offer to acquire, purchase
More informationMARKET STRATEGY VIEWPOINT U.S. Housing Decelerating
Jan-01 Oct-01 Jul-02 Apr-03 Jan-0 Oct-0 Jul-05 Apr-0 Jan-07 Oct-07 Jul-08 Apr-09 Jan-10 Oct-10 Jul-11 Apr-12 Jan-13 Oct-13 Jul-1 Apr-15 Jan-1 Oct-1 Jul-17 Apr-18 U.S. Housing Decelerating August 27, 2018
More informationProperty Take. Malaysia: Residential. Highlights. 20 Sep 2013 Expect Flattish Home Prices over the Near Term
Property Take 20 Sep 2013 Expect Flattish Home Prices over the Near Term Malaysia: Residential Highlights We think that there is high likelihood that overall home prices will be relatively flat in the
More informationESTATE NG REAL SINGAPORE
GUIDELINES ON FOREIGNERS OWNING REAL ESTATE SINGAPORE ECONOMIC DATA Per Capita Income: S$63,050 GDP Growth Rate: 4.9% (2011) Inflation rate: 5.2%, Core inflation 2.2% Bank Borrowing Rate: 3 month interbank
More informationSekisui House, Ltd. First Quarter of FY2018 (February 1, 2018 through April 30, 2018) Summary of Consolidated Financial Results
Sekisui House, Ltd. First Quarter of (February 1, 2018 through April 30, 2018) Summary of Consolidated Financial 1. Overview 2. Financial Position 3. Segment Information Built to Order Supplied Housing
More informationThe Dynamics of Housing Prices in Malaysia: Findings from Focus Group Discussions
The Dynamics of Housing Prices in Malaysia: Findings from Focus Group Discussions H.N. AuYong 1,*, C.Y. Yip 1, K.H. Woo 1, and A. Senadjki 1 1 Faculty of Business and Finance, Universiti Tunku Abdul Rahman,
More informationPROPERTY INSIGHTS. Market Overview. Uncertainties clouded all sectors. Citigold Private Client. Prime Office Rental Index (Q1 2011=100)
Citigold Private Client PROPERTY INSIGHTS Malaysia Quarter 3, Market Overview Uncertainties clouded all sectors Malaysian economy expanded by 4.9% y-o-y in Q2, the smallest growth since. Unemployment rate
More informationREAL ESTATE SENTIMENT INDEX 1 st Quarter 2014
About Real Estate Sentiment Index (RESI) The Real Estate Sentiment Index (RESI) is jointly developed by the Real Estate Developers Association of Singapore (REDAS) and the Department of Real Estate (DRE),
More informationHousing as an Investment Greater Toronto Area
Housing as an Investment Greater Toronto Area Completed by: Will Dunning Inc. For: Trinity Diversified North America Limited February 2009 Housing as an Investment Greater Toronto Area Overview We are
More informationFinancing Capital Expenditures
Financing Capital Expenditures EVALUATING THE PRIMARY OPTIONS By xxxx xxxxxx Periodic capital expenditures are vital to an organization s ability to maintain and expand operations, build revenue and enhance
More informationResults of Operations
JINUSHI REIT JINUSHI Business Results of Operations for the Fiscal Year Ended March 31, 2017 June 6, 2017 Securities code: 3252 (TSE/NSE, First Sections) 1. FY3/17 Financial Highlights 2. JINUSHI REIT
More informationMULTIFAMILY MARKET REPORT GREATER TORONTO AREA FALL 2017
MULTIFAMILY MARKET REPORT GREATER TORONTO AREA FALL 2017 Table of Contents 1.0 Demand Indicators 2.0 Economic Snapshot 3.0 Multifamily Housing Market Summary 4.0 Rental Market Summary 5.0 Secondary Rental
More informationPORTFOLIO VALUES PEAK
John Heron Managing Director Mortgages, Paragon HIGHLIGHTS Average market value of property portfolio reaches 1.7 million Average portfolio now 6% higher than pre-crisis peak Landlords expect portfolio
More informationMay 15, The Sultanate of Oman Real Estate Market Observations
May 15, 2014 The Sultanate of Oman Real Estate Market Observations sav- Oman s property market is at an exciting crossroads. It can move forward as a vital ingredient in the economic growth and prosperity
More informationCapitaLand Limited Acquisition Of Multifamily Portfolio, United States
CapitaLand Limited Acquisition Of Multifamily Portfolio, United States 18 September 2018 1 Disclaimer This presentation may contain forward-looking statements that involve risks and uncertainties. Actual
More informationThe New Housing Crisis Not Enough Rental Homes?
The New Housing Crisis Not Enough Rental Homes? August 1, 2016 by Lance Roberts of Real Investment Advice The has been a rash of articles as of late suggesting there is a new housing crisis afoot. The
More informationResearch. A Capital Value production. An analysis of the Dutch residential (investment) market 2017
Research A Capital Value production An analysis of the Dutch residential (investment) market 2017 Summary In 2016, the development of the housing market was turbulent. Key events included a historic residential
More informationSekisui House, Ltd. Second Quarter of FY2017 (February 1, 2017 through July 31, 2017) Summary of Consolidated Financial Results. Management Direction
Sekisui House, Ltd. Second Quarter of (February 1, 2017 through July 31, 2017) Summary of Consolidated Financial 1. Overview 2. Financial Position 3. Segment Information Built to Order Supplied Housing
More informationSummary of JREI Global Property Value/Rent Indices (No. 9, Oct. 2017)
November. 28, 2017 Japan Real Estate Institute (JREI) JREI-kenkyu-madoguchi@imail.jrei.jp Summary of JREI Global Property Value/Rent Indices (No. 9, Oct. 2017) We are pleased to release a summary of the
More informationAustralian Dwelling Prices and Tobin's q
Australian Dwelling Prices and Tobin's q Presentation to UNSW Business School Real Estate Symposium Peter Jolly, Global Head of Research September 2016 Tobin's q q = Market Value for an asset Replacement
More informationEconomic Forecast of the Construction Sector
Economic Forecast of the Construction Sector March 2018 Economic Forecast of the Construction Sector Page 2/8 Introduction This economic forecast of the construction sector focuses on 2018 and 2019. The
More informationWhat makes Damansara Utama special?
What makes Damansara Utama special? By Natalie Khoo / TheEdgeProperty.com January 28, 2017 8:45 AM MYT Petaling Jaya folks would probably know Damansara Utama (DU) as a busy commercial area with banks,
More informationProperty Report. South Australia
Property Report South Australia National overview Looking back over 2011 it s clear that the Australian property market was and in early 2012, still is far from homogenous. Cooler market conditions in
More informationA A p p r ril 2017
April 17 17 Housing market retains momentum in April Citywide prices hold steady as labour market improves City of Calgary, May 1, 17 Calgary s housing market continued to show signs of stability in April.
More informationCOMPARISON OF THE LONG-TERM COST OF SHELTER ALLOWANCES AND NON-PROFIT HOUSING
COMPARISON OF THE LONG-TERM COST OF SHELTER ALLOWANCES AND NON-PROFIT HOUSING Prepared for The Fair Rental Policy Organization of Ontario By Clayton Research Associates Limited October, 1993 EXECUTIVE
More informationPROPERTY INSIGHTS. Market Overview. Market challenges across sectors. Citigold Private Client. Malaysia Quarter 3, Prime Office Rental Index
Citigold Private Client PROPERTY INSIGHTS Malaysia Quarter 3, 2014 Market Overview Market challenges across sectors The Malaysian economy expanded 6.4% year-on-year (y-o-y) in Q2, marginally higher than
More informationProperty. Mashreq. Economic Overview. Wealth Gauge.
Economic Overview The UAE economy has registered a growth of 5.2 in 2013. In spite of the dip in Oil prices globally the economy is expected to have registered a GDP growth between 4.7-4.8 in 2014. The
More informationOversupply persists despite improved sales activity for affordable product Mar. 2019
March 19 MONTHLY STATISTICS PACKAGE Oversupply persists despite improved sales activity for affordable product 19, April 1, 19 March saw a modest decline in city wide sales activity compared to last year.
More informationHOUSING AFFORDABILITY AMONG POTENTIAL BUYERS IN THE CITY OF KUALA LUMPUR, MALAYSIA
HOUSING AFFORDABILITY AMONG POTENTIAL BUYERS IN THE CITY OF KUALA LUMPUR, MALAYSIA Abstract- This paper investigates housing affordability problem in Malaysia. It reveals the state of income, purchase
More informationRECENT DEVELOPMENTS IN HOUSING FINANCE IN LITHUANIA
HOUSING AND URBAN DEVELOPMENT FOUNDATION RECENT DEVELOPMENTS IN HOUSING FINANCE IN LITHUANIA Eduardas Kazakevičius 1 SUMMARY! Macro environment conducive of housing finance development: GDP, prices, interest
More informationHousing Bulletin Monthly Report
October 21 1 Housing Bulletin Monthly Report Housing Starts show Slight improvement in September CANADA Housing Starts 2, 15, 1, 5, Sep 8 Oct 8 Nov 8 Dec 8 Preliminary Housing Starts in Alberta and Canada
More informationBRISBANE HOUSING MARKET STUDY
BRISBANE HOUSING MARKET 2018 STUDY Executive Summary Brisbane s residential market, especially the detached houses segment has risen steadily over the last year due to the rise in population, falling unemployment
More informationAIMS AMP CAPITAL INDUSTRIAL REIT MANAGEMENT LIMITED
AIMS AMP CAPITAL INDUSTRIAL REIT MANAGEMENT LIMITED As Manager of AIMS AMP Capital Industrial REIT One George Street, #23-03 Singapore 049145 (Constituted in the Republic of Singapore pursuant to a Trust
More informationThe principal business of Motel Desa is hotel and restaurant operations located at Bukit Pak Apil, Kuala Terengganu.
ACQUISITION OF 2,431,623 ORDINARY SHARES OF RM1.00 EACH REPRESENTING 100% EQUITY INTEREST IN THE ISSUED AND PAID-UP SHARE CAPITAL OF MOTEL DESA SDN BHD 1.0 INTRODUCTION Further to our announcement on 30
More informationPRIMARIS RETAIL REIT Announces Third Quarter Results
PRIMARIS RETAIL REIT Announces Third Quarter Results Toronto (Ontario) November 8, 2011 Primaris Retail REIT (TSX:PMZ.UN) is pleased to report positive operating results for the third quarter of 2011.
More informationLANDLORDS CAUTIOUS AHEAD OF TAX CHANGES
FEBRUARY 2017 Q4 2016 LANDLORDS CAUTIOUS AHEAD OF TAX CHANGES Despite turbulence in the Private Rented Sector (PRS) dating back to the Government s 2015 Summer Budget, Paragon Mortgages latest PRS Trends
More informationMONTHS OF SUPPLY AND PRICE CHANGES. Home improvement November marks a rise in sales. MONTHLY STATISTICS PACKAGE City of Calgary. Nov.
November 17 17 Home improvement November marks a rise in sales. City of Calgary, December 1, 17 The November housing market was spurred by a rise in sales, particularly in the lower price ranges. Sales
More informationOSK PROPERTY HOLDINGS BERHAD ("OSKP" OR "THE COMPANY")
OSK PROPERTY HOLDINGS BERHAD ("OSKP" OR "THE COMPANY") PROPOSED ACQUISITION BY WARISAN RAJAWALI SDN BHD, A WHOLLY- OWNED SUBSIDIARY COMPANY OF OSKP, OF A PARCEL OF FREEHOLD COMMERCIAL LAND MEASURING APPROXIMATELY
More informationFourth Quarter & Full Year 2013 Operating & Financial Results February 20, 2014
Fourth Quarter & Full Year 2013 Operating & Financial Results February 20, 2014 DISCLOSURE Statements in this presentation that are not historical facts are forward-looking statements, within the meaning
More informationLancaster Commercial & Industrial Market Overview. February 14, 2018
Lancaster Commercial & Industrial Market Overview February 14, 2018 2017 Macro Economic Assumptions GDP (2017 Average for 4 Quarters) 2.6% 2017 Actual 2018 Forecast Total GDP 2.6% 2.75% to 3.5% Consumer
More informationOn Wider Growth. Results Announcement Half Year Ended 30 June 2015
On Wider Growth Results Announcement Half Year Ended 30 June 2015 30 th July 2015 1 Agenda Financial Performance Business Review Group Borrowings Outlook 2 Financial Performance Financial Highlights 1H2015
More informationSep September 2018
18 September 18 MONTHLY STATISTICS PACKAGE City of Calgary Persistent buyers market continues 18 City of Calgary, October 1, 18 With no change in the economic climate, Calgary s sales activity totaled
More informationBroker. Investment Real Estate. Chapter 15. Copyright Gold Coast Schools 1
Broker Chapter 15 Investment Real Estate Copyright Gold Coast Schools 1 Learning Objectives Matching an investor with the right property Evaluating the sites and improvements of income properties Determining
More informationHowever, the results are less impressive for freehold housing 1. In this segment, a decrease of 51 per cent was observed, as construction got
Residential construction still strong in Trois-Rivières According to the latest statistics released by Canada Mortgage and Housing Corporation (CMHC), the Trois-Rivières census metropolitan area (CMA)
More informationAug. Aug 2018 ust 2018
August 18 MONTHLY STATISTICS PACKAGE City of Calgary Unemployment rate slows housing market recovery 18 City of Calgary, September, 18 Easing sales, gains in new listings and elevated inventory levels
More informationWeak sales persist in Calgary and beyond Jun. 2018
June 218 MONTHLY STATISTICS PACKAGE City of Calgary Weak sales persist in Calgary and beyond 218 City of Calgary, July 3, 218 Many Canadian energyrelated municipalities within Alberta and Saskatchewan
More informationReal Estate Funds. 22 nd June Presented by : Mr. Harish Gagwani Sr. Investment Manager. CA. Rajeev Saraogi Investment Manager
Real Estate Funds Cracking Intrinsic " Value in Housing 22 nd June 2012 Presented by : Mr. Harish Gagwani Sr. Investment Manager CA. Rajeev Saraogi Investment Manager 1 Index Index Page No. How Private
More informationDetailed competency map: Knowledge requirements. (AAT examination)
Detailed competency map: Knowledge requirements (AAT examination) Fields of competency The items listed are shown with an indicator of the minimum acceptable level of competency, based on a three-point
More informationSUNTEC REIT FINANCIAL RESULTS. For the 2 nd Quarter and Half Year ended 30 June 2017
SUNTEC REIT FINANCIAL RESULTS For the 2 nd Quarter and Half Year ended 30 June 2017 26 July 2017 Agenda 03 2Q 17 Highlights 05 Financial Highlights 18 Office Portfolio Performance 25 Retail Portfolio Performance
More informationInvestor Update Q results. Maëlys Castella October 22, 2015
Investor Update Q3 2015 results Maëlys Castella October 22, 2015 Agenda Highlights Operational review Financial review Conclusion Questions 2 Q3 2015; Another quarter of improved performance Revenue million
More informationHOUSING MARKETS. Strength in Early 2005 Pushed Most National Housing Indicators into Record Territory
HOUSING MARKETS Despite another record-setting performance, housing markets showed clear signs of cooling late in 2005. As mortgage interest rates moved up and house prices soared, home sales turned down
More informationGoodson & Red team and Tõnu Toompark present: Tallinn Property Market Q3 Tallinn property and rental market review
Goodson & Red team and Tõnu Toompark present: Tallinn Property Market 2009 Q3 Tallinn property and rental market review Tallinn Property Market Dawn is about to break, but it is still dark The rock bottom
More informationAAug ugust 2017
August 17 17 Housing recovery a balancing act Growth in new listings outpaced sales preventing inventory declines City of Calgary, September 1, 17 Sales posted a modest gain in August, but a rise in new
More informationPatience required in Calgary's housing market recovery Jul. 2018
July 18 MONTHLY STATISTICS PACKAGE City of Calgary Patience required in Calgary's housing market recovery 18 City of Calgary, August 1, 18 Recent struggles in the job market, accompanied by yet another
More informationNot Your Parents Real Estate Market
NEW THINKING Not Your Parents Real Estate Market Why changing how we view residential real estate is essential in today s economy Is there a housing bubble? How long can this possibly last? I remember
More informationSt. John s Area Housing Market & Economy: Key Drivers of Demand, Current Conditions & Outlook
St. John s Area Housing Market & Economy: Key Drivers of Demand, Current Conditions & Outlook Chris Janes, Senior Market Analyst Key Drivers of Local Housing Market How are they doing in 2017? Employment
More informationPrivate Residential Market REAL ESTATE DATA TREND Q3 2018
Private Residential Market REAL ESTATE DATA TREND Q3 2018 Duo Residences Page 1 Notwithstanding the recent property cooling measures, the private residential market remained resilient in Q3 Sentiment in
More informationHousing Bulletin Monthly Report
January 21 1 Housing Bulletin Monthly Report Most new homes built in second half of 29 25, 2, 15, 1, 5, Dec 7 Jan 8 Feb 8 mar 8 apr 8 Alberta s 29 housing starts increased 72.8 per cent over 28, suggesting
More informationIncreasing the supply of Affordable Housing additional CGT discount and providing affordable housing through MITs
TaxTalk Insights Increasing the supply of Affordable Housing additional CGT discount and providing affordable housing through MITs 21 September 2017 In brief On 15 September 2017, Treasury released draft
More informationREAL ESTATE SENTIMENT INDEX 1 st Quarter 2016
About Real Estate Sentiment Index (RESI) The Real Estate Sentiment Index (RESI) is jointly developed by the Real Estate Developers Association of Singapore (REDAS) and the Department of Real Estate (DRE),
More informationThe 7 Misleading Myths Unfairly Keeping Everyday Australians Out of the Property Market
FREE Report Reveals The 7 Misleading Myths Unfairly Keeping Everyday Australians Out of the Property Market Make sure you have the right information and the truth Call us today on 1300 522 562 or email
More informationThe Real Estate and Land Market of Russia: Factors of the Sustainable Development
The Real Estate and Land Market of Russia: Factors of the Sustainable Development Vasily Nilipovskiy (State University of Land Use Planning, Moscow, Russia) ? &! and! &? There is no definite answer in
More information2010 Interim Results Presentation Interim Results 1 September 2010
2010 Interim Results Presentation 2010 Interim Results 1 September 2010 1 Disclaimer This presentation contains forward-looking statements that involve risks and uncertainties. These statements are generally
More informationAn Introduction to RPX INTRODUCTION
An Introduction to RPX INTRODUCTION Radar Logic is a real estate information company based in New York. We convert public residential closing data into information about the state and prospects for the
More informationHousing Markets: Balancing Risks and Rewards
Housing Markets: Balancing Risks and Rewards October 14, 2015 Hites Ahir and Prakash Loungani International Monetary Fund Presentation to the International Housing Association VIEWS EXPRESSED ARE THOSE
More informationTHE ANNUAL SPRING REAL
The Great Housing Price Showdown Last January China s central government finally introduced measures strong enough to slow housing price increases. Speculators, developers, local governments and simple
More informationAugust 2012 Design by Anderson Norton Design
August 2012 Design by Anderson Norton Design 020 7336 6992 Property Data Report 2012 Introduction 1 Commercial property by comparison UK commercial property s value in 2011 reached 717 billion, helped
More informationThe OeNB property market monitor of April 2015: Residential property price growth in Austria slowed down markedly in the second half of 2014
The OeNB property market monitor of April : Residential property price growth in slowed down markedly in the second half of Martin Schneider, Karin Wagner, Walter Waschiczek Residential property price
More informationSummary of JREI Global Property Value/Rent Indices (No. 11, Oct. 2018)
November 29, 2018 Japan Real Estate Institute (JREI) JREI-kenkyu-madoguchi@imail.jrei.jp Summary of JREI Global Property Value/Rent Indices (No. 11, Oct. 2018) We are pleased to release a summary of the
More informationInvestment Guide. home loans
Investment Guide home loans Your investment journey With the right finance solution, a property investment can build your wealth and improve your financial security. There are hundreds of thousands of
More informationNEW CHALLENGES IN URBAN GOVERNANCE AND FINANCE
Final International Conference Paris January 15-16, 2015 NEW CHALLENGES IN URBAN GOVERNANCE AND FINANCE Zhi Liu Peking University Lincoln Institute of Land Policy Center for Urban Development and Land
More informationAPAC REALTY POSTS DOUBLE-DIGIT GROWTH IN NET PROFIT FOR 9M FY2018
APAC REALTY POSTS DOUBLE-DIGIT GROWTH IN NET PROFIT FOR 9M FY2018 Total revenue jumped 26.3% to S$342.1 million in 9M FY2018, mainly due to the increase in brokerage income from the resale and rental of
More informationHOUSING MARKET OUTLOOK St. John s CMA
H o u s i n g M a r k e t I n f o r m a t i o n HOUSING MARKET OUTLOOK St. John s CMA C a n a d a M o r t g a g e a n d H o u s i n g C o r p o r a t i o n Date Released: Fall 2014 Highlights New home
More informationHousing Market Outlook Trois-Rivières CMA
H o u s i n g M a r k e t I n f o r m a t i o n Housing Market Outlook C a n a d a M o r t g a g e a n d H o u s i n g C o r p o r a t i o n Date Released: Fall 2011 Activity to remain strong in 2011 and
More informationPROPOSED ACQUISITION OF A FREEHOLD LAND LOCATED AT MUKIM OF KOTA TINGGI, DAERAH KOTA TINGGI, JOHOR FOR A TOTAL CASH CONSIDERATION OF RM21,935,236.
CHIN HIN GROUP BERHAD Type Subject Description Announcement OTHERS CHIN HIN GROUP BERHAD PROPOSED ACQUISITION OF A FREEHOLD LAND LOCATED AT MUKIM OF KOTA TINGGI, DAERAH KOTA TINGGI, JOHOR FOR A TOTAL CASH
More informationSan Francisco Bay Area to Marin, San Francisco, and San Mateo Counties Housing and Economic Outlook
San Francisco Bay Area to 019 Marin, San Francisco, and San Mateo Counties Housing and Economic Outlook Bay Area Economic Forecast Summary Presented by Pacific Union International, Inc. and John Burns
More informationDubai s Real Estate Market Report. {4 th Quarter 2008}
Dubai s Real Estate {4 th Quarter 20} Q4 Dubai s Real Estate Q4 RichVille: RichVille is a UAE based real estate asset management company offering the entire gamut of real estate advisory services including
More information2) All long-term leases should be capitalized in the accounts by the lessee.
Chapter 18 Leases 1) The principal attribute of finance leases is that the risks and rewards of asset ownership are deemed to remain with the lessor. LO: 18-02 List the criteria for classification of a
More informationSTABLE OCCUPANCY DESPITE RAMPED UP SUPPLY
COLLIERS QUARTERLY RESIDENTIAL MANILA Q3 2018 20 NOVEMBER 2018 Joey Roi Bondoc Manager Research Philippines +(632) 858 9057 Joey.Bondoc@colliers.com STABLE OCCUPANCY DESPITE RAMPED UP SUPPLY Summary &
More informationSan Francisco Bay Area to Santa Clara & San Benito Counties Housing and Economic Outlook
San Francisco Bay Area to 019 Santa Clara & San Benito Counties Housing and Economic Outlook Bay Area Economic Forecast Summary Presented by Pacific Union International, Inc. and John Burns Real Estate
More informationSnapshot Adelaide Apartment Market
Snapshot Adelaide Apartment Market December 215 Executive Summary Our View The Adelaide apartment market is undergoing considerable growth, particularly in the CBD where around 4 apartments will complete
More informationROMSPEN REVEST HOMES LP. Reliable Rental Income Plus Significant Capital Appreciation
ROMSPEN REVEST HOMES LP Reliable Rental Income Plus Significant Capital Appreciation Overview US recession and mortgage crisis drove house prices in SE Florida down 70% from peak Low prices plus strong
More informationO O ct ct ober 2017
October Status Quo for Calgary's Housing Market Prices remain similar to last year, but ease in October., November 1, 17 October s housing market conditions closely echoed previous month s trends with
More information