Construction Update | Queensland Place

Construction Update | Queensland Place

1 year ago 0 0 590

Buyers of Queensland Place will be pleased to know that the construction of the building is on track. For a detailed update on construction works up to February 2016, kindly click on the image below. Once you have done that, you may enlarge the page by double-clicking on the image.

Construction Update | London Spring Place Phase 1

1 year ago 0 0 599

Buyers of London Spring Place Phase 1 will be pleased to know that the construction of the building is on track for a September 2016 completion. For a detailed breakdown of construction up to February 2016, kindly click on the image below. Once you have done that, you may enlarge the report by double-clicking on the image.

Australian Suburbs Blacklist 2016

1 year ago 0 0 1523

 Summary: AMP Bank has blacklisted 140 apartment suburbs across Australia due to oversupply and other issues Queensland and Western Australia lead with most blacklisted suburbs In Australian capital cities Sydney CBD and Melbourne CBD tops the blacklist for high rise builds AMP BANK has blacklisted apartments in more than 140 suburbs due to growing concerns of oversupply, off-the-plan sales and falling prices. The list was leaked and published in the Australian Financial Review yesterday. The concern of oversupply could push down prices, rents and lead to defaults. AMP is not the only big lender circulating black lists, where buyers will face tougher terms on the amount borrowed, number of apartments purchased in a single development and a ban on using some incentives offered by developers, such as rental guarantees. Last year, NAB had blacklisted more than 80 suburbs across Down Under where they capped LTVs in the area. Currently, Queensland

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MELBOURNE PROPERTY: CBD OR FRINGE

1 year ago 0 1 1292

    MELBOURNE PROPERTY: CBD VS FRINGE Among all the states in Australia, statistics show that Victoria will have the largest population in the future, driven by massive and rapid growth in Melbourne city (source: CBRE). The Australia Bureau of Statistics projects that Melbourne will overtake Sydney as Australia’s biggest city in 2053. It’s easy to understand why – spurred by a highly diversified economy and world-class education and tourism, Melbourne has been named Most Liveable City five times consecutively since 2011. Smart investors looking to net significant rental income from the growing population have been investing their money in various suburbs across this beautiful city. The key question is, where is the best place to invest in Melbourne?   MELBOURNE CBD: SMART INVESTORS STAY AWAY Melbourne CBD is an amazing place – organized, pretty, artistic and with amazing walkability scores – and we love it! From an investment point

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Australian Property: Doomsayer’s Obsession

1 year ago 0 2 803

“…we can live without gold, we can even now live without oil, we can live without stocks and shares, we can live without just about everything now, but we can’t live without somewhere to live. There is this whole crowd of people who love to give the property market a hard time as if it is a bad boy for making people money.” IN 2010, Steve Keen undertook a 224-kilometre walk from Canberra’s Parliament House to the Snowy Mountains’ Mount Kosciuszko wearing a T-shirt with the words, “I was hopelessly wrong on house prices. Ask me how.” The walk was the result of a lost wager – the economist had made a bet with Macquarie Bank analyst Rory Robertson that home prices would fall 40% from peak to trough in a year. Contrary to Keen’s prediction, capital city house prices in Australia rose by 12.1%, hitting a new high, as demand

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