The investment thread (Finally)

[rotikok]

Thanks... but maybe hope it becomes a big thing in future... 200% gain? )

Can share which area you bought in? For condo, depend on your buy in price, it will certainly hard to reach your aim. Shop wise highly depend on location, maybe... I think in time to come will be buyer market, probably better to sell it off now and b cash rich, digging for gold later.

 

[lynton]

Peter lim partnering with Man utd stars to build mixed used development is Manchester

http://www.channelnewsasia.com/news/business/peter-lim-linked-firm-in/2080520.html

After the meeting last month between PM Lee and PM David Cameron. Looks like Manchester is worth to look out. anyone know how much is the pricing?

 

[supermanz88]

Peter lim partnering with Man utd stars to build mixed used development is Manchester

http://www.channelnewsasia.com/news/business/peter-lim-linked-firm-in/2080520.html

After the meeting last month between PM Lee and PM David Cameron. Looks like Manchester is worth to look out. anyone know how much is the pricing?

Manchester 1 bedroom city centre is about GBP 1xxK only. 20 - 30% of the Singapore city centre property price. you can consider this condo oxygen tower, my friend just bought one, they have one stop service for your rental/resale as well.

 

[lynton]

Foreigners guide in buying Singapore property

Singapore has built its reputation as international destination for property investment. Especially for South East Asia and other Asian countries, Singapore property is their most favorite investment asset class.
Its stable economy, politic, currency and continuing development are some of the reasons why invest in Singapore.
If you are a foreigner and interested to invest in Singapore property, you can read the guide in Can foreigners buy property in Singapore

 

[lynton]

heard cambodia market now is very hot. The Peak Cambodia by oxley already 50% sold.

 

[firefly]

Look no further than Vista Verde - A New Launch by CapitaLand in Ho Chi Minh City, Vietnam.

Very First Mover Advantage where Foreign Investors are Eligible to Invest with the New Housing Laws in effect from 1st July 2015.
Golden Opportunity for Capital Appreciation.

 

[Manhattan]

Look no further than Vista Verde - A New Launch by CapitaLand in Ho Chi Minh City, Vietnam.

Very First Mover Advantage where Foreign Investors are Eligible to Invest with the New Housing Laws in effect from 1st July 2015.
Golden Opportunity for Capital Appreciation.

Only 50 years leasehold? Foreigner needs to hold a visa to be able to buy?

 

[firefly]

Only 50 years leasehold? Foreigner needs to hold a visa to be able to buy?

50 years leasehold extendable for another 50 years (subjected to applicable laws and paying a very nominal fee- administrative charges for the pink book).
Foreigners who are permitted to enter Vietnam legally are allowed to own Vietnam Property.

New Vietnam Housing Law after 1st July 2015.

Change
1.Foreigners who are permitted to enter Vietnam legally are allowed to own Vietnam Property
2.Not more than 30% of total units in one apartment building
3.50+ years lease (extendable subject to applicable laws)
4.Foreigners are allowed to lease, mortgage, contribute as capital, gift, bequest, exchange etc subject to certain limitations
5.No Capital Gain Tax -only Flat Rate of 2% on selling price for Resale / Subsale

 

[darkdevil]

Another Hot Investment - Grade A commercial Offices for Sale in Cambodia.

The Gateway Cambodia by Tiong Aik, the newest mixed development will consist of retail, residences and commercial offices (Grade A) at Downtown Phnom Penh, Cambodia.

 

[dumb1]

Another Hot Investment - Grade A commercial Offices for Sale in Cambodia.

The Gateway Cambodia by Tiong Aik, the newest mixed development will consist of retail, residences and commercial offices (Grade A) at Downtown Phnom Penh, Cambodia.

Hot investment? When will it become not hot?

 

[Tekkun]

Hot investment? When will it become not hot?

After it had been fully sold out.

 

[dumb1]

After it had been fully sold out.

Get out when hot or get burnt.

 

[Tekkun]

Get out when hot or get burnt.

Too late. 10 fingers on 10 pies.
Either taste damn good or die standing.

 

[shawnabc77]

The gateway @ cambodia i feel will be a good buy. For the residential, there's a shortage of supply with teh influx of foreigners and also company. For offices, the current Grade A offices are only for rent and not for sale. thus there's no competition as well. It therefore provides incoming MNCs a change to own a freehold office for their own use and an address at russian boulevard

 

[dumb1]

The whole building can be looted.

 

[FHBH12]

The whole building can be looted.

I recall that a few years back, a 4 storey stack (ground floor as shop and 3 floors above as office or residence) can be purchased at about US $100k+ only in Phnom Penh. A 1-bedder now above this price does not make sense for investment.

 

[supermanz88]

I recall that a few years back, a 4 storey stack (ground floor as shop and 3 floors above as office or residence) can be purchased at about US $100k+ only in Phnom Penh. A 1-bedder now above this price does not make sense for investment.

REally? Did you buy back then? If yes, You have made a lot.

 

[FHBH12]

No, I didn't. Foreigners buying Cambodia properties were a lot more difficult then.

It could be safer to buy these much more affordable 4-storey properties rather than swanky residential towers targeted at overseas investors.

Back then (5 years ago) many main roads in Phnom Penh were still dirt tracks and the general population was struggling with high cost of living.

Things could have changed but I think Cambodia has a lot to catch up to justify the US $100k+ price of 1 bedder.

It is 1/3 the price in Singapore yet it's GDP per capita is not even 1/3 of Singapore's i.e. US $83k versus $3k.

 

[supermanz88]

No, I didn't. Foreigners buying Cambodia properties were a lot more difficult then.

It could be safer to buy these much more affordable 4-storey properties rather than swanky residential towers targeted at overseas investors.

Back then (5 years ago) many main roads in Phnom Penh were still dirt tracks and the general population was struggling with high cost of living.

Things could have changed but I think Cambodia has a lot to catch up to justify the US $100k+ price of 1 bedder.

It is 1/3 the price in Singapore yet it's GDP per capita is not even 1/3 of Singapore's i.e. US $83k versus $3k.

Thanks for the input. So how much the 4-storey properties worth now? if there is a large price gap, will you invest now?

Third world country GDP per capita is always very low but a lot of riches from third world countries are buying Singapore property in d9,10,11 sentosa and marina bay leh...

 

[FHBH12]

Thanks for the input. So how much the 4-storey properties worth now? if there is a large price gap, will you invest now?

Third world country GDP per capita is always very low but a lot of riches from third world countries are buying Singapore property in d9,10,11 sentosa and marina bay leh...

No. Cambodia is too far from Singapore and it does not feel good to be enjoying yourself while there is general poverty around you. Even in pure investment sense without landing your feet in Cambodia, property capital gain is usually based on robbing the wealth of their future generation.