testing notif 3

Yea, it is definitely for self-use. I am planning to rent it out until maybe I decide to move back to London someday.

testing notif 3

The tax you pay will be based on several different factors: property type (residential / non-residential) total purchase value are you a permanent resident of Hong Kong? If so, do you own any other properties in Hong Kong? are you purchasing the property under a company name? or as an individual? Assuming: you are buying as an individual you are a permanent resident of Hong Kong and don't own any other properties you are purchasing a residential property Then your stamp duty payable will follow the following scale:

I'm not sure about others but we are planning to launch one over the next 2-3 months. It'll likely be the first to launch in HK. We are also aware of several projects happening in HK that are also moving towards doing an STO - but launch dates are still unclear.

This is great info! thanks I see you guys are hosting an event. I'll drop by

Singapore is a tiny country, geographically. The 999-year land lease was a compromise for Singaporeans who attained a bit more success and wealth and wanted to leave something (usually a house) for their later generations. The compromise was that the Government wanted to ensure that at some point in the far future, they could always get it back for future redevelopment. In the case of Freehold (Fee-in-Simple) Land, the Government can only get it back in a few ways: The Compulsory Land Acquisition Act. Not a popular move, historically. The owner dies without any beneficiaries and no valid Will. If the owner had no spouse or kids, but there’s a valid Will, it goes to the new beneficiary. Hence, Freehold is excellent (for a handful of wealthy citizens), but not so good for a The government whose charter is to benefit the masses, e.g., the land could be used for a school or a community club. === I think it is a leftover from the British era, and the British have this as a carryover from its historical common-law roots where 999-year lease are assumed to be “permanent” in nature. Do remember Hong Kong was leased for 99-years, and the reason for that was back then they think it is “as good as forever.” For practical purposes within Singapore, a 999-year lease are currently assumed to be freehold (permanent leasehold) for valuation purposes and generally will fetch a fair value with freehold. This is partly because most 999 year leases in Singapore have about 850 years more to go. Singapore does not have new 999 year leases for now.

I approach this answer from a different perspective. For every way that one can sell anything, there is always that one exceptional sale….”I sold my house online for $50,000 more than the agent(s) said I could get, and I did it on my own. Real estate agents don’t do anything but waste your money:” The exceptions always exist. But you have to remember. They are exceptions, not the rule. Are you willing to lose out on a sale because you know you are the exception, and you are smarter than everyone else? (if you are this person, there is no reasoning with you so you can stop reading) The extreme vast majority of home buyers are going to be using a local real estate agent. Local real estate agents, for the most part, can control which homes a prospective buyer sees by merely saying “I couldn’t reach the listing agent to set up the showing” or “I’ve heard about some concerns with that property, let’s save that one for last.” There can be 20 reasons an agent can use to try and sway a client away from any property. So, if you market your home online, you have most likely eliminated 50% or more of prospective buyers from seeing your home. Fewer buyers to see the house, fewer offers, which translates to no sale or lower sales price. Why would the agent not want to show you the home? Simple business economics. Almost all real estate agents are effectively self-employed and working on a commission basis. If an agent can show two similar properties, one marketed at full commission rate and listed by a local, knowledgeable agent. The other sells at a discounted commission rate (because it sounded useful to the seller). The only contact is some 800 number to a person sitting at a desk in the Philippines, which means the buyer agent will have to do more work for less money…which home do you think the buyer will see? The biggest challenges with discount and online home sales companies are the lack of communication and control during the sale, which puts this burden on the buyer’s agent to hold the transaction together. Being effectively self-employed, the agent will try to avoid this if possible. In a scorching real estate market, selling your home through an online service might work out okay for you, but the odds are against you. There are only two ways to get the most offers on your home, Offer it at a price that is significantly lower than market value or get the most buyers to see your home. Listing your home through a local, knowledgeable real estate agent, affiliated with any of the name brand franchises will get the house not only more visible to more people, but buyer agents are more willingly going to want to show the home because they know the listing agent will make the process go more smoothly. The choice is yours. Try to be the exception to the rule or, follow the rules for an exceptional sale. The odds are in your favor going the traditional route. Martin Straka NMLS#589189 (973) 598–5006 === There is “some value” for “some people” from the “we buy your house for cash today” firms, but understand their business model is to buy today and sell tomorrow (or at least very quickly). They know they can’t sell for more than market value, so if they’re going to make any money on the sale, they must buy below market. They also don’t want to buy homes that need significant repairs or upgrades to sell at the market (roof, water heater, kitchen, baths, carpets, and windows). They are only not going to buy homes that are not instantly marketable with few or no upgrades or repairs. They’re not in the market for “fixers.” On top of that, Zillow’s fee to the seller is 7.5%. I’m guessing others are similar. That’s 1.5% to 2.0% more than is typically charged by a local Realtor and doesn’t include any deductions for repairs they deem necessary. Why would anyone want to sell their home for less than market value? It might be because they need/want to sell in a big hurry. They might not want to do what’s necessary to get top dollar by getting the house ready for great listing photos (“stage” the house with their furniture, paint, clean, declutter)**. They might not want to have to leave while a Realtor comes to show their home. Some people might not know the actual value of their home and be attracted to a “great” price and simplicity. Let's say similar homes in your neighborhood recently sold for $250,000. Zillow needs to offer a bit less to make a profit when they sell, so they offer 4.0% less, $240,000. Zillow’s 7.5% fee is $18,000, so the seller nets $222,000. If you asked me to list the same home, I’d suggest you list at the market, $250,000. My fee is 3.0%, and the buyer’s agent’s cost might be 2.5%. So if it sold at list price, commissions would total $13,750, and the seller would net $236,250, or $14,250 more than selling with Zillow.

What a tough year for a prediction! Let’s make it Metro Atlanta and not just the city itself. I feel confident about. The population will continue to grow, the demographic inside the perimeter will become younger and whiter, and there will be more visitors to the city. All these bode well for real estate. Generally, I predict that while there may be a dip in prices, it will hit houses costing $450,000 and higher. And rent prices will hold steady or rise, even if there is a downturn in the economy. While I do see many economically challenged areas continue to gentrify, I see many novice home flippers not doing well. Too many people are chasing the same thing, thanks to HGTV and rising real estate prices over the past few years. Good deals to be had in some parts inside the perimeter. Despite the traffic, more growth in Forsyth, northern Gwinnett, and Fayetteville Counties. Homes in Symrna near I-285 appreciating and a few more areas are banning short term rentals (I hope I am wrong). I think Metro Atlanta will do a bit better than most of the vast metropolitan cities, there will be more transplants to the city, but despite this, I think prices overall will remain flat. A great time to buy properties if you want decent cash flows with a keen appreciation inside the perimeter within 7 hears.

Organize your finances and establish moving costs – legal fees, lender fees, and broker fees. Organize a mortgage pre-approval if necessary and find out how much you can borrow. Find a property through an agent or buyers agent. Get it under offer once you or your buyer's agents agrees on a price with the seller. Find a solicitor for conveyancing and due diligence. Survey and mortgage offer (if necessary) Exchange of Contracts and pay a deposit (usually 10%) and agree on the completion date. Completion

reply to question 31

It depends on whether this is a first hand or second-hand stock – first hand being purchases straight from developers (usually less or no fee from this), this way usually no fees from the buyer. Second-hand stock (from other investors/individuals) then shall probably require some professional fee (to the agent) usually at 1% of the total consideration.

Hi, Amber Park’s prices vary between 2600 and 2800 psf. However, prices may be subject to changes and are yet to be confirmed. After considering adjustments, a more accurate price estimate will be provided. Depending on an apartment's size and features, the value thereof is also likely to vary. To remain up to date with updates, online users can register on Amber park. Pricing for Amber Park gets worked out to the land rate that closest to S$1515 per square feet per plot ratio (PSF PPR). The residential apartments, which are most affordable, are priced from 1m and onwards. Looking at the median price range, condos are likely to range from $2300 and $2400, which includes marketing and legal services, misc — costs, etc. This also puts the selling price of Amber Park Property, at between $2400 and $2800. Estimates are based on the effort basis, along with historical trends, profit margins, and various costs, including marketing, land, and construction costs. Considering that Amber Park offers luxurious apartments, which are not only constructed as a general residential property but are specially designed and curated according to modern architectural plans, it's price may be slightly higher than average costs. I hope this helps

Many businesses are building their mobile apps, and there are many reasons why you should invest in a mobile app. We are in a digital era, and if your business does not have a mobile app, then it means you are lagging behind your competitors. You could be missing out on a huge opportunity to attract potential clients, no matter how far they are. Just having a website will not give you an edge over your competitors. It is a matter of ensuring that you have got the right strategies in place for online marketing. Owning a mobile application for your business is probably the most rewarding solution to give an edge over competitors. The world has shifted from desktops to smartphones and is offering tremendous ROI. If you are planning to establish a mobile presence for your business, you should first know about the benefits of a mobile app. Mobile websites and apps can look similar at first glance, and it isn't effortless to determine which is most suited for your business requirements. There are several factors, such as – target audience, available budget, features, and purpose. that decide if the mobile app is suitable for your business or not. Some of the benefits of a mobile app are: Gives more value to the customers Customers don't have to wait Reduces cost and increases customer engagement Mobile apps aid promotion and offers excellent support Enhances the visibility of your brand Mobile apps are the best social media platform

My suggestion: Invest with a USA company that invests in your desired market. Combo of lending to a company, and Investment in the business. Designate 65% to lend at a set rate of return,interest-only payments, locked in at 1st position only mortgage. Invest balance in business as a shareholder. As an example: 65% at a guaranteed rate of 8% per yr interest only. This is your guarantee xx earnings, providing the funds are immediately put to work. This protects the backside of an Investment plan with a set rate of return and gives you safety, which helps protect against the risk of loss if say a bad investment is made. You still get a guaranteed rate if the business took a loss…… I think this is best set on a 3–5yr plan to see operators have a solid average return over the life of Investment. So, if you do not like the avg returns, you can reassess whom you invest with …. My suggestion would be lender is an LP, with general fund manager being an outside 3rd party to report and assess the assets as a source other than investor running the real estate company. This depends on $$ and finding a team that is your eyes and ears. The downside is a lag of Investment due to people and extra steps, but acts as a barrier of protection….money likes safety…. === There are various ways in which you can achieve that. I have done so myself with great success. You can invest directly by opening bank accounts, LLC, and buying a property in the US. This has the most admin involved, and using trusted partners is a necessity. You can go the route of crowdsourcing where there are companies that source great commercial deals and offer it up as investment stakes where your investment pays out dividends quarterly. The last that I know off to get into the property game in the US is to partner with more prominent players in the market. There are higher net worth individuals that diversify their risk by investing offshore in commercial and development real estate. They then offer a partnership in the form of investment into the deal. This makes for great deals if you have enough capital, and they do all the work, and you get to invest in deals you could only dream off as an individual.

It depends on what your investment objectives are and the budget you have available to buy. However, generally speaking, Prime Central London has the most demand and least supply, therefore logically Prime Central London is the “better” investment.

In my dreams... Nope, it's going up, up, and up because government and developers are practically lying in bed together, scratching each other's back. Therefore little peasants like us have to work our butt off for a down payment and then slave our whole life away paying for the mortgage and possibly our next generation's as well. Especially since 1997, life has gone from bad to total crap. Many western countries have limitations and restrictions on non-resident buying properties, but not in HK, anyone can come to buy properties, so it's become a safe and close at hand money laundering haven (via property purchase) for those in nearby regions. I seriously feel sorry for the young people in HK because I don't see a way out for them to own their place, the only choice left is to rent a tiny, tinny weenie cubicle to call home. === I agree with the fact that the overall trend shows that property prices are increasing in Hong Kong, but if you look at monthly price changes, property prices in certain areas are dropping. According to data gathered from http://www.spacious.hk, property prices in areas such as Fo Tan, Sha Tin, and Sai Kung have fallen in the last month. Usually, these areas are quite famous and family-friendly. Still, it may be due to the unaffordable international school fees, which are causing ex-pat families to move out of Hong Kong.

The demand for accommodation is rising day by day, and the new launch properties, where various luxurious condos and others are increasing to measure the scale pan. This will amount to approximately 20,000 private residential units, which in return may result in a sensitive price hike in 2019. As per the price study of the last 10 years, the price of private properties has increased by about 80% to 90%. For example, the average price of a two-bedroom condo was about $6.5 lakh a decade ago, which is now available at $1.25 million. These are several factors those considered by the developer before pricing a new launch property in Singapore, such as; The government’s cooling measure is the primary reason for the price hike. The cooling measures caught the market by surprise. They compounded the negative returns for real estate developers with significant exposure to the Singapore residential market will be followed by the price growth. As the Government of Singapore announced on 5th July 2018, a hike in Additional Buyer's Stamp Duty (ABSD) rates and also tightening loan-to-value (LTV) limits on residential property purchases. This process is useful to keep the price hike in line with the primary economic fundamentals, as an initiative to cool the property market. These will continue to suppress the market going into 2019 as the price for purchasing a property in Singapore will be increasing for the same, except for Singapore citizens and first time home buyers. The hike in interest rates in recent years affected the property prices. The quantity of new and unsold properties of Singapore is going up day by day, which caused some concern with developers of unsold inventories with planning approvals increasing by a measurable unit. As per the result in private residential price growth came in near the low-end as per their forecast of 8%-10% in 2018. Also, the abundant supply of units is coming on stream that effecting the interest rates to rise accordingly. The rising demand for properties is also another critical factor for the price hike. The price always rises with demand, and this resulted as a significant price hike for the new launch properties in Singapore, but the demand is there at growing to compensate for this. Nevertheless, the previously concluded deals could still present sizeable opportunities as several relocating households may have the intention to purchase replacement or resale properties, as well as the owners of more than one property, may intend to sell one of them, to take the profit opportunities from the tentative property price growth in Singapore. Also, the urge to increase the incentives of property agents can be measured as another factor. The professional property agents in Singapore are highly organized and have the best knowledge of real estate market, which includes the listing of existing properties as well as the new launch properties in Singapore, which effects as a great help for the tentative buyers also the real estate developers from their selling perspective, thus the developers may persuade to increase commission fees to incentivize property agents to boost their selling efforts amidst the intense competition in the real estate market of Singapore. But in spite of price hike, the new launch properties are still an excellent prospect for investment and make a profit out of that, by selling that once the minimum occupation period is over, you can earn a good return from that. === There may be several reasons, but the ultimate goal is “DEMAND.” The outgrowing population creates a demand for properties.

I think Compass is by far the most interesting. They are combining lots of different little companies like contractually CRM into their system. They are the leaders in the concierge program for sellers and are also now starting bridge loans for our clients to be able to buy first and seller after. The company is focused on and having the best agents and giving them the best tools to do our jobs better. It’s an incredible company based on real core values and people.