Translate

Thursday, June 7, 2018

Buy to live or buy to let?

Think about your short and long-term financial goals when buying property“Buy to live or buy to let?”的图片搜索结果

Before you buy property, you often think whether you want to buy to live or buy to let. Do you want a home or do you want an investment? Would you rather swap your monthly rent to pay towards a mortgage or would you rather rent out for potential additional revenue? Here are a few tips that will help you decide.

Investment

A buy-to-let strategy is an attractive investment option offering regular rental income, long-term capital growth and security, even for those with a mortgage to pay. When you are buying to live, your major initial investment will be monthly payment towards mortgage in addition to insurance, property taxes and ongoing maintenance of the house.

Once the house is paid off, remember you need to keep investing in maintenance of the house so that your property value does not fall, even if you decide to rent it out in the future.

If you are buying to live, ensure that the resale value of the property will, subject to unforeseen circumstances, be higher. Rental demand will hold lower importance in this case as your long-term plan is to live in the property.

Rental demand
Make sure that the rental demand is high in the location you buy if you are planning to let. This will help you get better returns on your investment in the long run.

If you are buying to live, ensure that the resale value of the property will, subject to unforeseen circumstances, be higher. Rental demand will hold lower importance in this case as your long-term plan is to live in the property.

Location, accessibility
In general, whether you are looking to live or let, location, proximity and accessibility are common factors that should be given high importance. Whether it is for yourself or your tenant, place of work, supermarkets, schools, activities, amenities and other points should be considered.

Maintenance
When you own a buy-to-let property, you should always keep it in good condition by carrying out frequent maintenance and repairs causing less inconvenience to your tenants. While the property you live in also requires effort, you have a longer time frame in which to complete any alterations, additions or renovations because you will not be inconveniencing any tenants, only yourself.

When you decide to buy a house, you need to look at your reasons for buying to live or let against your short and long-term financial goals. Then you can decide what is right for you and your family.

Are you a savvy investor?










Financial services firm UBS says scrutiny over lending, from the outcome of the royal commission into banking and the financial sector, could bring about changes to interest only loans. 
Prudent lending may require traditional interest and principal mortgage loans only in future. These could make a big difference to those of us considering a rental property as a sound investment.
Everyone remembers what the subprime crisis did to the US economy in 2007, where banks basically lent money to anyone with a pulse. This created a false housing bubble with unsustainable loans. As we know the bubble burst in a spectacular way.
So, hoping tenants rent will cover interest may no longer be enough. Coupled with two probable interest rate hikes hovering around this year, now more than ever we need to get the math right. Investment properties can be financially rewarding, especially long term. Finding the right property at the right price is obviously key, but a good investment is dependent on several factors. 
Location is something you can't change. 
Reno queen Cherie Barber still recalls the disaster of her first investment property. Purchased on a busy road, adding reno costs etc she ended up selling at a loss. 
Purchasing the worst house in the best street is still a good rule of thumb. If you purchase a property because it's cheap, it may not sustain the escalated price of renovations or improvement costs when it's back for sale. 
Check other sales in the area, is there steady capital growth? For long term investments i.e. 10 years, calculate 10 years of rates (land and water) landlord insurance, maintenance costs, any shortfall to interest payments and property rental real estate fees during the life of the loan. 
If you're really keen on a home, you can enter into a conditional contract subject to having pest and building inspection reports done. 
Architect reports that check structural integrity, wiring, plumbing and conceptual renovation advice at this point are crucial. You may wish to add another storey or extend the footprint, you need professional advice on privacy, easements, and the building envelope allowed. 
At sale time calculate up to three per cent sales commission, conveyancing fees and any possible capital gains tax you may incur. If you do the research and the numbers stack up, we may find the tightening of the financial rules may open up the property market.
Particularly with the inflated city property market, this could stabilise prices. Fewer buyers clearing the way for savvy investors could be the outcome. 

Monday, June 4, 2018

CENTURY BRIDGE IN $204M JIANGSU RESIDENTIAL JV AND MORE ASIA REAL ESTATE HEADLINES

Leading today’s roundup, China and Texas-based private equity firm Century Bridge, along with Germany’s Deutsche Finance Group, have teamed up with a mainland developer for a 1,427-unit residential project in eastern China’s Jiangsu province. Also in the headlines, the flexible workspace boom continues with Singapore-based JustCo aiming to build a 100-strong platform of co-working centres across Asia within two and a half years. And the Australian unit of Chinese builder Country Garden has revealed its development plans for a housing site it picked up in suburban Melbourne last year, while Singapore’s Perennial Real Estate has grabbed a majority stake in a housing project in Indonesia.

Century Bridge Invests in $204M Xuzhou Housing Project

Century Bridge announced recently that, together with co-investor Deutsche Finance Group, it has invested $11.1 million in a real estate development for a middle-income, residential project in Xuzhou, China. The investment will be made through a joint venture with Zhongliang Real Estate Group.
The $204 million project includes total gross buildable area of 231,535 square metres on a site of 74,487 square meters/801,780 square feet. Residential use will comprise about 177,573 square metres, or around 1,427 units. 

JustCo Targets 100 Asia Locations by 2020

Co-working space operator JustCo plans to set up 100 centers by 2020 in Asia and is looking to acquire firms that complement its operations, Chief Executive Kong Wan Sing said on Thursday.
“We are tapping into companies’ need for flexibility,” Kong told Reuters in an interview in Bangkok. JustCo opened its first co-working center outside of Singapore in Thailand this year with plans to add offices in Jakarta and Shanghai by year end, towards a goal of 50 centers in Asia by 2019, each with minimum space of 3,000 square meters, he said. 

Country Garden Unveils 4,500-Home Plan in Melbourne Suburb

Chinese-backed developer Country Garden Australia has announced its development plans for the 363-hectare parcel of land it acquired last year for a record $400 million.
The developer has unveiled plans for a 4,500 house masterplanned community that will house 12,500 new residents in Melbourne’s newest suburb, “Mambourin.” The 363-hectare site in Melbourne’s western growth corridor is located 40km from Melbourne’s CBD, and will have an estimated end value of $1.9 billion. 

WeWork Labs Launched at 3 Seoul Co-Working Centres

WeWork, a start-up that provides co-working office space to other start-ups, launched its WeWork Labs accelerator at three of its locations on Friday. “Korea is one of the most exciting places to be an entrepreneur,” said Roee Adler, the global head of WeWork Labs, during a media conference at WeWork Labs Yeoksam Station II in southern Seoul on Thursday.
While WeWork simply offers businesses working space and amenities, WeWork Labs facilitates start-up growth and overseas expansion. The new Labs, in addition to Yeoksam, are coming to WeWork’s locations in Euljiro in central Seoul and Yeouido in western Seoul. A fourth Labs at WeWork’s Seolleung branch is due to open in July. Korea is the first Asian country where WeWork has opened Labs. 

Perennial Unit Picks up 60% Stake in Indonesia Site for $15.6M

Perennial Real Estate Holdings has, through its wholly-owned subsidiary Perennial SL, acquired an effective 60 percent stake in a land parcel located in Sentul City, Bogor Regency, Indonesia, for a consideration of $15.6 million.
This was accomplished with Perennial SL’s acquisition of a 100 percent interest in Sanctuary City, a company that owns a 60 percent stake in the 246,982 square metre land parcel known as PT Bhakti Bangun Harmoni (BBH). The land parcel will be jointly developed into a predominantly-residential development by Perennial with Indonesia’s PT Cipta Harmoni Lestari, which holds the remaining 40 percent interest. 

Greenland USA Shakes up Sales Team at Metropolis in LA

Amid a long construction cycle, the musical chairs continues at Metropolis. The Agency team selling condos at Greenland USA’s three-tower project in Downtown Los Angeles is now handling sales at Tower 2, leaving the remaining unsold units to another agent. The 308-unit tower, which was completed in June, is 80 percent sold, the brokerage said Wednesday.
Lapchih Fan, an agent at LF8 Real Estate, will handle the remaining 60 or so units. James Harris and David Parnes, also at the Agency, are now co-listing all of the penthouses in the development with the Agency Development Group. 

Sunday, June 3, 2018

Leann Chin Zi Ying 1.5 years in One World Real Estate Group



This video marks my one and a half years in this company. Thank you for all the guidance especially my boss (Mei Fen) who teach me from nothing to something, it makes me become a better person and help me to improve myself in every aspect. A very good experience and I definitely learnt a lot from all of you.




She is a hardworking and responsible girl, with good working attitude, the one and a half years with Oneworld Real Estate Group, she practice oneworld code of honor, core value, always stay connected with everyone in the company, thank you so much to choose Oneworld Real Estate group.

And this is the video she make for all of the people who touch her life in Oneworld, Zi Ying best of luck to you in your study and looking forward to see you growth in the future. Do come back to the big family whenever you want.

Thank you for staying with us, and we do learn from you.

Amenny


Friday, May 25, 2018

Oneworld & Widebed Appreciation Night




Oneworld member would like to thank our parent, family members who always support us in whatever we do, without all these support, we will not able to work and live our life happy and excited.

Life is about creation, continue giving our love and support to people around us, every year, Oneworld Real Estate and Widebed arrange our appreciation night to celebrate and invite all the parent to attend our appreciation night event.

This year 2018, we had our dinner in I City shah alam, we arrange our family member to visit the Red Carpet Wax Museum@i-City. 

Saturday, May 12, 2018

WONDERING HOW TO CREATE A REAL ESTATE MARKETING PLAN AFTER YOU JOIN REAL ESTATE?

Here are few easy tips for you as a newbie in REAL ESTATE

Create a Real Estate Marketing Plan
Real estate is an exciting industry because you not only have to market your business to sellers, you have to market sellers’ properties to buyers. You can simplify the process and lay the foundation for future success with a thorough marketing plan.
The following tips will help you create and execute a marketing plan for real estate professionals:
The real estate marketing planning process
Before you commit to any marketing medium, you have to identify several key variables:
  1. ·          What is your budget?
  2. ·         Who, exactly, is your target audience?
  3. ·        What, exactly, do you want your target audience to do?
  4. ·         Who are your competitors? How do they reach your audience? What opportunities are they missing?
  5. ·         What are your core strengths, and how do those differentiate you from your competitors?
  6. ·         What incentives can you offer that your competitors don’t/can’t?
Remark: Always remember even though you have create and execute your marketing plan according to your plan and you might not able to see the result immediately, just be patient and you will see the result soon.
Marketing process is just a foundation for your real estate career 


Real estate marketing plan execution
Your next step is to identify the best way to position your brand to reach your target audience. Today’s marketing climate presents several opportunities, so you have to weigh the costs and benefits of each to determine which strategies both fit into your budget and have the best chance to convert. Branding is crucial in the world of real estate, so visibility is key.
To get started, try these marketing materials (* denotes collateral that you need; the rest are materials worth considering if you have the budget for them):

Brochure* – Your brochure should target a very specific audience. If you represent both buyers and sellers, or provide secondary services such as property management, create separate brochures for each.

Business cards* – Literally, your calling card to success. Few businesses are as personal as real estate, primarily because you’re helping clients make what is typically their largest single lifetime purchase.

Flyers* – Flyers are an excellent way to advertise property specs, especially as take-aways. Many real estate agents place flyers directly on their yard signs so passers-by can take them home.
Signs* – Signs placed on properties serve a dual purpose: They advertise the listing and also brand your company. Many real estate companies like to keep “sold” signs in yards for a few weeks after a sale to demonstrate how effective their agents are.
Postcards* – Postcards put your message directly in front of your target audience when you’re advertising a new listing. They’re also a great way to keep your company branded, because you can distribute them in neighborhoods where you’ve made recent sales to let neighbors know you can also sell their homes.
Letterhead and envelopes* – All of your communication should be branded, and letterhead and envelopes with your logo, slogan and contact information help serve that purpose.
Listing cards – A spin on the business card, but this time to promote advertised properties. Print 1,000 listing cards to distribute liberally.
Calendars – Again, branding is important, and everyone loves a calendar. You can distribute free calendars to clients, businesses and other parties that might be interested in your services.
Greeting cards – Send greeting cards to your customers and potential clients during the holidays and/or after sales to demonstrate that you truly care.
Newsletters – A good newsletter can drum up more business than you can shake a stick at. Make sure your newsletters are distributed to likely customers.
Corporate identity package – For presentations, nothing beats a solid corporate identity package comprised of a brochure, letter, press clippings, flyer and other materials held by a pocket folder.
Newspaper/magazine advertisements – You can advertise listings locally in newspapers and magazines.
Online advertisements – You can post listings to online databases, launch your own website, and market online through local search engine optimization and pay-per-click advertisements.
Choose which marketing materials you’ll use to promote your real estate business, then hire a designer, copywriter and printer to make them a reality. Distribution is extremely important. You should have a well-defined target audience so you can put together a mailing list primed for success. Create a compelling offer. Instead of a free consultation, offer reduced closing costs, a free guide to purchasing a first home or other incentives that target your audience. With the right distribution, a great offer and the right materials, your real estate business will be positioned for profit from the start.
Brochure
Step 1
Conduct market research. Learn who is using the product, who will buy it and to whom is it beneficial?
Step 2
Investigate the competition. Evaluate how your product differs or compares to current product offerings and determine the ways in which your product/company excels. Identify the reasons customers purchase elsewhere and the ways that you can entice them to purchase your new product instead.
Step 3
Determine your marketing strategy and test it with focus groups to determine their response to your promotions. Most successful product launches involve marketing of many types. Online promotions, radio/television spots, and email solicitations can all lead a visitor to your website to learn more about the new product and other product offerings.
Step 4
Create a public relations program. Ideas include allowing the press to review your product, writing articles to send to public media, giving interviews, and holding a launch event. The more opportunities you have to present your product to the target market, the more people will know the product and become interested in purchasing it.
Step 5
Evaluate the readiness of the launch to make sure the overall timing is coordinated and the product is absolutely ready when it is announced.
Step 6
Create a timeline in the marketing plan and follow up regularly to ensure that everyone involved is on schedule.
Step 7
Train your customer service department fully so that employees can effectively sell the product. The minute the product is available for purchase, your sales staff should be fully knowledgeable about the product and ready to sell it.
Attend our Basic Skill Training and you will know more, call us at +60122094813 Amenny Chua






Oneworld Communication Day -Oneworld Real Estate Group Malaysia

Reasons why internal #Communications Is more Important Than Ever, because with new technology, Workforce demographics are changing.

#Oneworld #Communication Day with the objective to connect our people and employee engagement:

1. #Oneworld Creating an Engaging Workplace.2. #Leader Drive for Purpose3. Remain in Control of the Message and It’s Origin4. #Empower and Support Middle Management5. Internal #Communication Holds Everything Together6. Limit Rumors and Enhance #TransparencyOneworld


#Oneworldrealestate, #Communicationday#Oneworldevolve#Tranparency, #Property, #Setapak, #realestateagency



One WSM Sdn Bhd (Oneworld Real Estate Group) formally known as Huttons Oneworld Sdn. Bhd. is currently operating from our own premises at Lot
126, Jalan Genting Klang, Kuala Lumpur Malaysia, where headquarter and sales gallery are located.
We are a licensed Real Estate Agency registered with the Board of Valuers, Appraisers and Estate Agents Malaysia and is a member of the Malaysian Institute of Estate Agents (MIEA) in Kuala Lumpur Malaysia.
Established with 10-year project and subsale experiences, we offer acomprehensive portfolio of services as follows:Residential Sales and Leasing • Projects Marketing • Commercial Sales and Leasing • Corporate Residential Services

Our fundamental approach to business is to deliver the highest quality of seamless services, confidence and value to our customers. Our commitment to long-term investment in human resources and continual
value-added learning has also enabled us to attract and maintain a highly dedicated and performance-oriented workforce.
With a team of experienced and committed professional real estate consultants who are knowledgeable and highly motivated, we predominantly focus in local commercial & residential properties, and development projects.  Through our understanding of an increasingly challenging marketplace, we also hold a strong belief in offering our clients beyond their their reasonable expectation, in making each assignment a success.
PROJECTS MARKETING Headed by a team of Projects Directors, our forte lies in project consultancy and marketing, as shown in the many successfully sold projects both locally and internationally.
In project consultancy, we assisted our clients in areas of identifying sites, locations, recommending development mix and sizes, identifying specific market niches, evaluating market forces and conditions; and arriving at optimum solutions for their project needs.

RESIDENTIAL SALES AND LEASING Our Residential Sales and Leasing services are always in line with changing market and consumer needs.  Comprising of dedicated and experienced consultants, our teams possess strong and proven track
records, and a thorough understanding of the primary and secondary markets.
COMMERCIAL SALES AND LEASING Our Commercial Team is dedicated to providing comprehensive office sales and leasing services to a wide range of corporate clients, which include multinational corporations, property developers, large institutional owners and government enterprises.  One of their key roles is to analyse each corporate client's business objectives, to
better assist (and commercial landlords) and facilitate them in lease and sale contract negotiations, in the process of acquiring commercial premises, as well as disposing and marketing commercial spaces.