Tuesday, 29 January 2019

Sydney, Melbourne house prices head towards 10pc falls


: Corelogic
By Su-Lin Tan
Updated 29 Jan 2019 — 5:23 PM,first published at 3:46 PM

Sydney and Melbourne house prices have tumbled again as they edge closer to a full 10 per cent decline over the past year.

In the lead up to the official price update for January at the end of the week, CoreLogic data shows Sydney house prices have fallen 9.5 per cent in the 12 months up to January 27.

Melbourne's house prices have fallen 8.2 per cent. In contrast, Brisbane and Adelaide's house prices were flat over the year.

Times are hard with sales slowing, more days on the market and higher discounts. Bloomberg

At the end of last year, Sydney and Melbourne's house prices had fallen 8.9 and 7 per cent respectively.

Nationally, prices fell 4.8 per cent.

The number of unsold homes in both Sydney and Melbourne continues to rise, with total listings now 24 to 34 per cent higher than last year. New listings have retreated as vendors shy away from the market.

Another indication of the momentum that is gathering in the housing downturn is the growing discount between the listing and final selling price.

CoreLogic data this week shows the average discounting in Sydney is between 8.8 to 8.9 per cent whereas Melbourne sellers are accepting a 7.3 to 8.6 per cent discount for their properties. A 5 per cent discount was the norm during the housing boom.
Option for federal intervention

Falling prices and slowing demand would further curtail housing supply and investments, likely to shave off about 0.5 percentage points in GDP growth, Capital Economics' Marcel Thieliant said in a note on Monday.

Related
Property market ends 2018 with 4.8 per cent fall in house prices: CorelogicBy Ingrid Fuary-Wagner

The only saving grace would be a fiscal move by the federal government to support the housing market such as through an increase in the first home buyer's grant as seen in 2008, he said.

In 2008, the tripling in the First Home Owner Grant from $7000 to $21,000 boosted home sales. The impact of the grant increase was particularly positive then as the market was already recovering.

However, a new grant this time might not be as successful, Mr Thieliant warned.

"The key point though is that additional support for first-time home buyers would probably come too late to prevent a slump in dwellings investment," he said.

Foreign players injected $8.11b into Singapore real estate in 2018




Chart of the Day: Foreign players injected $8.11b into Singapore real estate in 2018

Gaw Capital, ARA-Chelsfield and Allianz Real Estate entered the market last year.
The vibrant office segment continued to attract foreign entrants into Singapore's real estate sector as overseas capital hit $8.108b in 2018, according to a report from CBRE.
Also read: Singapore's office sector weathers slumping stock markets better than Hong Kong

Of this number, nearly a fifth (19%) of foreign capital were from new entrants who sought a haven from the ongoing volatility in the office and industrial sector. This includes Gaw Capital's purchase of Robinson 77, ARA-Chesfield joint purchase of Manulife Centre, Allianz Real Estate's acquisition of a 20% stake in Ocena Financial Centre and Kenedix Inc's purchase of a 25% stake in Capital Square.

Also read: Office prices up 5.7% in 2018

The office sector traditionally delivers different return expectations ranging from core plus to value-add investments which makes it attractive for investors seeking defensive asset classes on the back of higher financing costs, according to the report. It certainly helps that Singapore features prominently amongst territories with ease of investment.

"Positioned on the upside of the rental cycle, Singapore's commercial sector emerged favourable amongst property funds. In addition to capitalising on tightening office vacancy, value-add funds are eyeing further gains through asset enhance initiatives," the report's authors said.

Invetors can also limit their risk exposure by acquiring a partial stake in the property which grants them access to the property's income stream but leave the asset management expertise to a seasoned real estate investor.

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Buyers, sellers, brokers, agents, investors, lessors or renters will benefit from attending one of our two free Real Estate Seminars in Bali in January.





Free Seminar Schedules: Dates & Times:   Sat. - Feb. 16th. 2:00 PM - 3:15 PM.

Location: Bali, Emerald Villas, Jl. Karangsari, # 5, Sanur, Bali, Indonesia.

Seminar Topics: At these seminars you will learn about:


  • Ø The Past, Present and Future of Bali Real Estate.
  • Ø Clarification of laws allowing foreigners total control up to 80 years.
  • Ø How to avoid legal problems and make sure a property is safe.
  • Ø How to avoid complicated laws - Indonesians married to foreigners.
  • Ø Why this is the second-best time to buy this century.
  • Ø Where are the best locations to buy for maximum profits?
  • Ø What properties offer the potential of *10% to 20 % per year?
  • Ø Discover how you can sell your property fast for the highest prices and lowest commissions on a brand-new web site.
  • Ø First Class Beachfront property at almost 50% discount.
  • Ø Low cost properties with Luxury Villas starting as low as $158,000 for a three-bedroom 650 m² 3-bedroom, 4 baths with private 9 mtr. Pool.
  • Ø Ridiculously low-priced ocean view building lots $25,000 for 500 m².
  • Ø Brand new Bali Luxury Retirement Villas starting at $198,000.
Limited Seating & Free Parking: 

Seating is very limited for these free seminars so please avoid disappointment and make reservations A.S.A.P. 
Click Here for Free Reservation 
Email: seminarsptbali@gmail.com or Tel: Office: 62-361- 284069 – Bahasa Indonesia  62-812363217 
January 11, 2019, 6:14 AM GMT+8



Thai property can stay hot in chillier times

Buoyant tourism and Chinese demand should mean that the market will weather 2019's dreary global economic forecasts.
MON, JAN 28, 2019 - 5:50 AM
RONALD CHAN



Thailand's booming property market is at risk of cooling this year as rampant construction threatens an oversupply of apartments amid increasing global economic headwinds.
Hong Kong

THAILAND'S booming property market is at risk of cooling this year as rampant construction threatens an oversupply of apartments amid increasing global economic headwinds.

The country has been a relative bright spot in an otherwise lacklustre South-east Asian real estate market.

Thai residential property has experienced substantial growth in recent years, much of it fuelled by buyers from China, Japan and Singapore.

The thriving hospitality sector has also drawn money from foreign and local investors to fund the building of many new hotels and resorts.
SEE ALSO: Southeast Asian merchants lead in benefiting from Chinese mobile payment: Nielsen report

Mainland Chinese have poured roughly US$10 billion into condos in Thailand over the past three years, helping to drive annual price increases of 20 per cent in major cities such as Bangkok. Japanese investors have spent US$8 billion and Singaporean buyers US$2 billion.

At a time when Beijing and Washington are still locked in a trade dispute, affluent mainland residents consider Thai real estate a safe place to park their money.

Rental yields in Bangkok can be more than 4 per cent - far more appealing than socking money away in domestic savings accounts that offer less than 2 per cent.

Analysts estimated that one out of every five condos in Thailand is sold to a Chinese buyer.

As mainland economic forecasts grow stormy, more people are likely to gravitate to a country known in tourist brochures as the "Land of Smiles". With Thailand's benchmark interest rate at 1.75 per cent and inflation at about 0.4 per cent, developers are able to obtain construction loans at a reasonable cost.

As a result, they are flooding the market with projects. The Bank of Thailand expressed concern on Jan 10 that a condo surplus amid a global downturn could adversely affect the Thai economy. The central bank has tightened mortgage lending rules to tame speculation and the government may take measures to clamp down on excessive construction if the situation worsens.

Moreover, bank representatives are worried that foreign buyers who have already put down a deposit might get cold feet and pull out, leaving properties empty.

However, as the Chinese middle class continues to grow and accumulate wealth, the volume of people purchasing should remain steady.

Although developers may ease up on new construction projects, demand - especially at the high end - will stay strong among Chinese home buyers.

Tourism, meanwhile, which represents almost one-fifth of Thailand's economy, will remain robust. The Tourism Authority of Thailand has predicted that 40 million international tourists will flock to the country in 2019. A sizable number are expected to celebrate Chinese New Year that begins on Feb 5.

The Thai government recently announced that it expanded its visa-free entry policy till April 30 to include visitors from China.

That was partly a bid to entice visitors scared off by the deaths last summer of 47 Chinese tourists after their boats capsized in Phuket. Arrivals from the country dropped an estimated 20 per cent after the accident, but the visa waiver alone is expected to boost tourism by 30 per cent.

While Thailand's residential property market may cool slightly, it is hardly likely to slump. The combination of buoyant tourism and Chinese demand should mean that the market will weather 2019's dreary global economic forecasts. BLOOMBERG
The writer is the founder and chief investment officer of Chartwell Capital in Hong Kong. He is also the author of The Value Investors and Behind the Berkshire Hathaway Curtain.
Enjoy full access



Buyers, sellers, brokers, agents, investors, lessors or renters will benefit from attending one of our two free Real Estate Seminars in Bali in January.





Free Seminar Schedules: Dates & Times:   Sat. - Feb. 16th. 2:00 PM - 3:15 PM.

Location: Bali, Emerald Villas, Jl. Karangsari, # 5, Sanur, Bali, Indonesia.

Seminar Topics: At these seminars you will learn about:


  • Ø The Past, Present and Future of Bali Real Estate.
  • Ø Clarification of laws allowing foreigners total control up to 80 years.
  • Ø How to avoid legal problems and make sure a property is safe.
  • Ø How to avoid complicated laws - Indonesians married to foreigners.
  • Ø Why this is the second-best time to buy this century.
  • Ø Where are the best locations to buy for maximum profits?
  • Ø What properties offer the potential of *10% to 20 % per year?
  • Ø Discover how you can sell your property fast for the highest prices and lowest commissions on a brand-new web site.
  • Ø First Class Beachfront property at almost 50% discount.
  • Ø Low cost properties with Luxury Villas starting as low as $158,000 for a three-bedroom 650 m² 3-bedroom, 4 baths with private 9 mtr. Pool.
  • Ø Ridiculously low-priced ocean view building lots $25,000 for 500 m².
  • Ø Brand new Bali Luxury Retirement Villas starting at $198,000.
Limited Seating & Free Parking: 

Seating is very limited for these free seminars so please avoid disappointment and make reservations A.S.A.P. 
Click Here for Free Reservation 

Email: seminarsptbali@gmail.com or Tel: Office: 62-361- 284069 – Bahasa Indonesia  62-812363217 
January 11, 2019, 6:14 AM GMT+8



Why Hong Kong Real Estate Prices Will Fall

by Reid Kirchenbauer | Blog, Recent

Ranking as the world’s most expensive real estate market for over a decade, Hong Kong and its future doesn’t look bright.

Property prices in Hong Kong are already facing downward pressure. For the first time in many years, home values registered a decline during the final quarter of 2018.

Local sentiment is also very weak. Here’s an example: in December of last year, an undisclosed buyer signed a contract for one of the city’s costliest homes located on Mount Nicholson.

But less than two weeks later, the buyer backed out of the agreement and forfeited a deposit of HK$36 million (about US$4.5 million). That equals 10% of the total purchase amount.

Of course, if buyers are willing to lose 10% of the purchase price, the implication is they expect at least a 10% drop in Hong Kong’s real estate market.

Property values in Hong Kong should fall significantly more than that. Below are three reasons why.





Costing above US$20,000 per square meter, Hong Kong real estate could stay Asia’s most expensive. We think prices are about to come tumbling down regardless though.

1. Major Economic Issues in Hong Kong

Despite its status as East Asia’s top financial center, Hong Kong’s economy is struggling due to several factors – both financial and political in nature.

A looming trade war between China and the United States is at the forefront of any list that includes Hong Kong’s economic issues.

This feud has not solely impacted China’s (and thus, Hong Kong’s) manufacturing and growth numbers. It has harmed Hong Kong’s business confidence and international reputation too.

You might ask “what does the trade war have to do with Hong Kong real estate?”. The answer is “everything”. Trade and finance are the city’s main drivers of economic growth, and yes, its property values as well.

Any problem that affects Hong Kong’s wider business prospects will eventually impact its real estate sector. Falling corporate profit lead toward unemployment, less expat housing demand, and other negative consequences for property values.

Furthermore, even putting aside a trade war with the United States, Hong Kong’s economy is rather weak in general.

The port of Hong Kong, once China’s busiest in terms of cargo tonnage, isn’t even in the world’s top ten anymore. Six different Chinese ports on the mainland are now outranking Hong Kong as exports slump.

I could write an entire article about Hong Kong’s economic problems. But I’ll move on since this post is instead about why you shouldn’t buy property in the city.

2. Beijing’s Assertiveness Worries Investors

Until lately, Hong Kong real estate served as a storage of wealth for mainland Chinese buyers who are rich enough to afford it.

Having its own government, press freedoms, lack of censorship, along with GDP per capita far above mainland China’s makes Hong Kong truly unique.

It’s part of China yet distant from social and functional issues in the mainland.

Beijing has unfortunately begun stretching its influence and diminishing many of the positive aspects that led to Hong Kong’s success in the first place. As a result, corporations and private investors alike are becoming anxious.

Multinational firms oftentimes can’t freely state their opinions on this matter. Bluntly saying “Beijing needs to back off, or else we’re leaving” would be horrible for business at best – and illegal at worst.

However, that’s exactly what the mood appears like behind closed doors. Expats want out of China.

A worrying combination of the trade war, strict political control, rising costs, and strong home-country bias is causing investors to leave both Hong Kong and the mainland in droves. That’s evidenced by countless polls and a drop in FDI across the board.

Needless to say, fewer expats means declining foreign investment and less housing demand.




Every plot of land in Hong Kong is bought as a leasehold and will expire in the year 2047.

3. Better Deals in Other Property Markets

You’re no longer restricted by borders in the 21st century. Global investors now have access to dozens of countries and millions of different assets.

Because of this, a main argument against buying Hong Kong real estate is the opportunity cost involved. Nearby markets in the region simply enjoy higher potential for investment.

That isn’t just my opinion either. Let’s take a look at Singapore, Hong Kong’s main competition and Asia’s second most important financial hub.

Property values in Singapore, while also among Asia’s costliest per square meter, are only half of Hong Kong’s. Singapore is generally a wealthier place than Hong Kong as well.

Likewise, rental yields in Singapore are superior, foreigners can legally own freehold property, and the city state is further removed from Chinese influence when compared to Hong Kong.

My point is: the goal of an investor is making money. Why would you buy real estate in Hong Kong if alternatives exist with excellent yields, great appreciation potential, and more attractive valuations? Why settle for a leasehold asset when you can own elsewhere on a freehold basis?

The city absolutely still serves a purpose for international investors. For example, opening a Hong Kong brokerage account is perhaps the best way you can trade stocks in multiple Asian equity markets.

You should probably stay away from real estate in Hong Kong though. Whether you’re seeking yields or capital appreciation, Asia hosts numerous better investment options.


Earn More in 2019: 

So, if you want to make more in 2019 and beyond, we highly recommend you attend his forthcoming free seminars January 17th. or 19th.

Seating is very limited, so we suggest that you book your free reservation now to avoid disappointment.

Here are the details.

Buyers, sellers, brokers, agents, investors, lessors or renters will benefit from attending one of our two free Real Estate Seminars in Bali in January.





Free Seminar Schedules: Dates & Times:   Sat. - Feb. 16th. 2:00 PM - 3:15 PM.

Location: Bali, Emerald Villas, Jl. Karangsari, # 5, Sanur, Bali, Indonesia.

Seminar Topics: At these seminars you will learn about:


  • Ø The Past, Present and Future of Bali Real Estate.
  • Ø Clarification of laws allowing foreigners total control up to 80 years.
  • Ø How to avoid legal problems and make sure a property is safe.
  • Ø How to avoid complicated laws - Indonesians married to foreigners.
  • Ø Why this is the second-best time to buy this century.
  • Ø Where are the best locations to buy for maximum profits?
  • Ø What properties offer the potential of *10% to 20 % per year?
  • Ø Discover how you can sell your property fast for the highest prices and lowest commissions on a brand-new web site.
  • Ø First Class Beachfront property at almost 50% discount.
  • Ø Low cost properties with Luxury Villas starting as low as $158,000 for a three-bedroom 650 m² 3-bedroom, 4 baths with private 9 mtr. Pool.
  • Ø Ridiculously low-priced ocean view building lots $25,000 for 500 m².
  • Ø Brand new Bali Luxury Retirement Villas starting at $198,000.
Limited Seating & Free Parking: 

Seating is very limited for these free seminars so please avoid disappointment and make reservations A.S.A.P. Click Here for Free Reservation 

Email: seminarsptbali@gmail.com or Tel: Office: 62-361- 284069 – Bahasa Indonesia  62-812363217 
January 11, 2019, 6:14 AM GMT+8


More Koreans Park Their Money in Overseas Real Estate


January 28, 2019 13:13

More and more Koreans are parking their money in real estate overseas as the domestic economy wallows in the doldrums.

According to the Bank of Korea on Sunday, individual Koreans and businesses spent US$445.1 million on properties abroad last year, up a whopping 47 percent from the year before and 3.8 times from five years ago.

The government lifted all restrictions on buying overseas real estate in 2008 as long as the purchase is declared and the purpose stated.

The U.S. remained the most popular destination for real estate investment with $255.2 million despite economic uncertainties there. But in second place was booming Vietnam with $56.1 million, followed by Canada with $16.9 million, Thailand with $15.5 million, and Japan with $15.8 million.




Property in major cities in the U.S., Japan and most advanced countries is considered a stable source of rental revenues. Typical purchases include small apartments in New York costing in the low W1 billion range and commercial properties for W3 billion to W10 billion. For cash buyers, the estimated rate of return is four to five percent compared to interest on savings of around one percent.

In Japan, which will host the 2020 Summer Olympics, real estate prices are rising, while Prime Minister Shinzo Abe's economic policies have resulted in ultra-low interest rates, prompting many investors to turn to real estate.

Vietnam, Malaysia and other Southeast Asian countries are popular due to strong return possibilities. Foreigners have been allowed to buy homes in Vietnam since 2015, and many Koreans are buying condominiums there for around W300 million.

Park Sang-wook at Woori Bank said, "As the Vietnamese economy grows at breakneck speed, home prices are expected to soar, and many people are purchasing several apartments there expecting profits 10 years from now."

But such investment also carries risks, chiefly from insufficient information available at a distance. It is crucial to find a trustworthy agent and check tax details and exchange rate trends. "Korean investors are interested in condos in Vietnam, but a lot of them are being built, and this raises the chance of oversupply and falling prices," one realtor said.

Yoon Chang-sun at KeyWest Global Investments said, "The global real estate market is being impacted by the U.S.-China trade dispute and rising interest rates. But since the domestic economy is expected to be hit harder by the slowdown than advanced countries, demand is expected to continue."

© This is copyrighted material owned by Digital Chosun Inc. No part of it may be reproduced or transmitted in any form or by any means without prior written permission.

_______________________________
Earn More in 2019: 

So, if you want to make more in 2019 and beyond, we highly recommend you attend his forthcoming free seminars January 17th. or 19th.

Seating is very limited, so we suggest that you book your free reservation now to avoid disappointment.

Here are the details.

Buyers, sellers, brokers, agents, investors, lessors or renters will benefit from attending one of our two free Real Estate Seminars in Bali in January.





Free Seminar Schedules: Dates & Times:   Sat. - Feb. 16th. 2:00 PM - 3:15 PM.

Location: Bali, Emerald Villas, Jl. Karangsari, # 5, Sanur, Bali, Indonesia.

Seminar Topics: At these seminars you will learn about:


  • Ø The Past, Present and Future of Bali Real Estate.
  • Ø Clarification of laws allowing foreigners total control up to 80 years.
  • Ø How to avoid legal problems and make sure a property is safe.
  • Ø How to avoid complicated laws - Indonesians married to foreigners.
  • Ø Why this is the second-best time to buy this century.
  • Ø Where are the best locations to buy for maximum profits?
  • Ø What properties offer the potential of *10% to 20 % per year?
  • Ø Discover how you can sell your property fast for the highest prices and lowest commissions on a brand-new web site.
  • Ø First Class Beachfront property at almost 50% discount.
  • Ø Low cost properties with Luxury Villas starting as low as $158,000 for a three-bedroom 650 m² 3-bedroom, 4 baths with private 9 mtr. Pool.
  • Ø Ridiculously low-priced ocean view building lots $25,000 for 500 m².
  • Ø Brand new Bali Luxury Retirement Villas starting at $198,000.
Limited Seating & Free Parking: 

Seating is very limited for these free seminars so please avoid disappointment and make reservations A.S.A.P. 
Click Here for Free Reservation 

Email: seminarsptbali@gmail.com or Tel: Office: 62-361- 284069 – Bahasa Indonesia  62-812363217 
January 11, 2019, 6:14 AM GMT+8

Monday, 28 January 2019

Australia firms see worst slump in conditions since financial crisis

Best Asia Real Estate Editor's Comments:
Editor Lawrence with family in Perth for the Hoffman cup tennis tournament January 2019
Sometimes I wish I was not accurate with my predictions for various real estate markets and economies.

Almost two years ago I started predicting a major crash in Australian real estate in major cities such as Melbourne, Sydney and Brisbane. No one any longer needs to be convinced that I was right on that one.

Just a few weeks ago I stated that Australian banks and economy are in serious trouble as well.

Today a realtor cancelled his reservation for a Bali Luxury Villa because he said business was just so bad.

As shown below Australia's economy is slumping badly. 

Don't worry about rushing out and buying properties which have dropped because it's gonna drop a lot more. 

If you own Australia properties you had better worry a lot about what the value of your investments are going to be 24 to 48 months from now.

If you can get out at any price. Get out now.

On a positive point last year I started telling people this was the bottom of the first downturn in Bali  real estate after the first real estate downturn in modern history. I started to predict it was the second best time to buy this century.
You
That prediction has also come true.Properties that were available at ridiculously low prices are no longer available and if they are the prices are up 10 to 20% already in the last six months.

I believe that we will have a 3 to 10 Year Upturn in Bali real estate which is just beginning and those that get in now will double or triple their money before it's over.

If you don't believe that remember that I am the one that recommended buying beachfront properties 17 Years ago in Bali at $1,000 per hundred square metres now they are  $3000-$5000 per hundred square metres.

Find out more information send a request at lawrencebptbali@gmail.com or attend our forthcoming free seminar on February 16 th. see details below the article.


A National Australia Bank report on Jan 29, 2019, showed that the business conditions index had dropped to 2 in December from 11 a month earlier.PHOTO: BLOOMBERG
PUBLISHED15 MIN AGO
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SYDNEY (BLOOMBERG) - Australian firms suffered the worst slump in conditions since the 2008 global financial crisis as evidence mounts that the economy slowed in the latter part of last year.

The business conditions index - measuring hiring, sales and profits - dropped to 2 in December from 11 a month earlier, a National Australia Bank report showed on Tuesday (Jan 29). A gauge of employment fell to 4 from 9 in November, while profitability plunged to zero from 8. A separate confidence index was unchanged at 3.

NAB chief economist Alan Oster said the drop had been "broad-based" across all states and industries outside of mining. "These declines taken at face value suggest a significant slowing in business activity," he said. "There could be some implications for the labor market and business capital expenditure."

The Australian dollar fell after the report, buying 71.47 US cents at 12:10pm in Sydney compared with 71.57 before its release.

The result dovetails with slower economic growth in the third quarter as falling property prices threaten to throw a wet blanket over the Australian economy. Money markets are increasingly nervous and traders are pricing in about a 70 per cent chance of an interest-rate cut by the end of the year - despite the central bank saying it expects the next move to be an increase.

"Interpreting data around the holiday period can be difficult," Oster said. "With confidence remaining below average and forward orders having also declined, our expectation is that, at the very least, a significant portion of the decline in business conditions will persist."

While Australia's wage growth has been anemic in the past five years, hiring has accelerated since 2017 and consumption held up as households opted to save less. The concern now is consumers will hunker down in response to declining property prices, known as the wealth effect, which could hit already struggling retailers hard.

Related Story
Australian dollar left bloody after computer-driven 'flash crash'

Related Story
Australian analysts look to possible stimulus programme

Australia's central bank has kept rates at a record-low 1.5 per cent since 2016 as it tries to spur hiring and tighten the labor market to encourage faster wage growth. It's had some success, with unemployment falling to 5 per cent.

Policy makers will hold their first meeting for the year on Feb 5.
_____________________________________________________
Earn More in 2019: 

So, if you want to make more in 2019 and beyond, we highly recommend you attend his forthcoming free seminars January 17th. or 19th.

Seating is very limited, so we suggest that you book your free reservation now to avoid disappointment.

Here are the details.

Buyers, sellers, brokers, agents, investors, lessors or renters will benefit from attending one of our two free Real Estate Seminars in Bali in January.





Free Seminar Schedules: Dates & Times:   Sat. - Feb. 16th. 2:00 PM - 3:15 PM.

Location: Bali, Emerald Villas, Jl. Karangsari, # 5, Sanur, Bali, Indonesia.

Seminar Topics: At these seminars you will learn about:


  • Ø The Past, Present and Future of Bali Real Estate.
  • Ø Clarification of laws allowing foreigners total control up to 80 years.
  • Ø How to avoid legal problems and make sure a property is safe.
  • Ø How to avoid complicated laws - Indonesians married to foreigners.
  • Ø Why this is the second-best time to buy this century.
  • Ø Where are the best locations to buy for maximum profits?
  • Ø What properties offer the potential of *10% to 20 % per year?
  • Ø Discover how you can sell your property fast for the highest prices and lowest commissions on a brand-new web site.
  • Ø First Class Beachfront property at almost 50% discount.
  • Ø Low cost properties with Luxury Villas starting as low as $158,000 for a three-bedroom 650 m² 3-bedroom, 4 baths with private 9 mtr. Pool.
  • Ø Ridiculously low-priced ocean view building lots $25,000 for 500 m².
  • Ø Brand new Bali Luxury Retirement Villas starting at $198,000.
Limited Seating & Free Parking: 

Seating is very limited for these free seminars so please avoid disappointment and make reservations A.S.A.P. 
Click Here for Free Reservation 

Email: seminarsptbali@gmail.com or Tel: Office: 62-361- 284069 – Bahasa Indonesia  62-812363217 
January 11, 2019, 6:14 AM GMT+8

Sunday, 27 January 2019

Best Asia Real Estate newsletter edition January 25, 2019

Newsletter Edition /25-January-2019

Major global housing markets are taking a hit. The ripple effect could be coming.

Best Asia Real Estate Editors Comments:
As I predicted in my seminars the last two months many markets around the world are getting caught up with downturns, primarily those that had increased to fast in to short of a time. Such as London Hong Kong etc..

The world's real estate markets do not look very good except for Bali and a few countries in Asia and those areas bordering the Mediterranean such as Spain.

Bali is exceptionally good because it's already had a four year downturn and has turned around.

Sophisticated investors around the world  Should sell their properties in the areas with bubbles and get into Bali now.

Major global markets that once seemed insulated from the housing slump are getting caught in the slowdown.

Cities like London, Hong Kong and New York are grappling with a more tepid market, Bloomberg reported. According to a Knight Frank index of high-end properties in 43 cities, luxury residential prices are growing at the slowest rate since 2012.


 
Bali’s wild west coast: unspoiled and uncrowded

Best Asia real estate editor's comments:
I thoroughly agree with the article below but should also be noted that Bali's east coast north of Sanur is also still the way Bali should be.

I wake up every morning at Bali Paradise Beach Estates to the sound of exotic birds and the pounding ocean.

I know that the air there is some the cleanest error in the world because of its trade when exposure to the east of Bali.

You too can enjoy this ambience for as little as $120 per night In a marble palace with  4 1/2 bedrooms, five bathrooms and a 14 m private swimming pool with ocean, volcano and rice paddy views.

See Bali Paradise Beach estate rentals at
https://www.airbnb.com/rooms/15345034

After you spent a few nice there you two would understand why I live there and how you too can live there for as little as $350,000 www.baliparadiseestates.com



Chinese buyers won’t rescue Australian property market

Best Asia real estate editor's comments:
As stated in the article below the prediction I made last year that the Chinese were leaving Australia real estate and may not be back for some time is unfortunately coming true.

Once burnt they it will take several generations to return to a market where they are losing money.

On the other hand I expect the fact that Chinese tourists are now the number one tourist to Bali for the first time in history, (Which I predicted in Beijing 11 years ago)  that they will look around and snap up Bali's properties  that are 50 to 70% cheaper than Australian properties.

After a year or two of enjoying rising values the Chinese Hordes will begin buy more.

We better all start to learn some Mandarin.

One place they may start looking for under-priced, high-quality properties is our Best Asia Real Estate website at www.bestasiarealestate.com



`Doom Loop' of Debt Threatens to Send Aussie Back to Crisis Lows

Best Asia real estate editor's comments:
As my longtime readers are well aware I've been very bearish on Australian real estate for almost two years now.

A few months ago I started warning that Australian banks and the Australian currency may also be bearish due to the downturn in Australian real estate.

It appears other experts are forming the same opinion with the article below stating that Australia is in serious financial trouble.

So Australians must take their head out of the sand and realize that they better gear up for a huge downturn in real estate and possible banking collapses As well as a fall in the Australian dollar Which was the worst performing Western currency last year.

The way to the avoid all this pain is to sell off now when most real estate owners are still reaping substantial rewards from the last 5 to 10 years of upturn, primarily caused by Chinese buying which has all but disappeared.


 
Australian Open 2019: Why Milos Raonic is the contender no one is talking about

SARAH OLLE@sarahjolle
Source: FOX SPORTS


Milos Raonic is on some kind of run.

Nick Kyrgios, Stan Wawrinka, Pierre Herbert and now Alexander Zverev.

Milos Raonic is building some CV at Melbourne Park.

And with the big serving Canadian set to face either Borna Corci or Lucas Pouille, there’s every reason for him to believe he can make it to the semi-finals, where a likely date with Novak Djokovic would await.

“It’s not fun necessarily before the tournament starts to look at it and say, ‘Hey, you play Nick to most likely play Stan in the first two rounds’,” Raonic said.

“You’re sort of hoping for a bit more time to really work your way into things.

“But then on the other end of it I dealt with those challenges really well.

“Right now I’m here playing some extremely good tennis, I believe. Hopefully I can make that count.”.


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