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Whether you are a busy individual searching for your dream home, a relocating business, or a property investor, property consultants can provide you the necessary backup. High-class Property Search consultants possess the through local knowledge, responsive market connections, and specialist experience to attain the property that match perfectly with your requirements. By opting for better real estate consultants you can achieve maximum benefit and minimize the possibility of failures.
Complete property consultants will not only act as just search agents but also as experts committed to finding and securing the property that you wished to attain. Instead of you having to investigate the market, find the property then manage the buying or lease arrangement, property consultants will perform all this for you, saving you time, stress and expense.
If you want to acquire the right property it is important that the consultant you choose completely understand your needs. Property consultants usually choose to get a detailed brief from you before starting their search, so they have a clear understanding of what you have in mind and what your preferences really are.
Then they will start your search in your selected area, communicating with estate agents and other contacts all of the time to make sure they always are able to see the best properties, often before these properties even arrive at the market. Only after their previews are finished will they select the best for you to come and see personally, making sure you save time.
If you give the signal to proceed after you see the property they will then perform the negotiations for you, so that you receive the very best deal. A true property consultant will continue to help you throughout – unlike search agents – communicating with all parties until the process is finished and you have the keys in your disposal.
There are lots of other benefits for hiring a property consultant. You have someone who is ready to serve according to your interests – after all the vendor does (with estate agents). Consultants will entrust stockbrokers to buy their shares and barristers to delegate them in court, yet not many people consider hiring a professional backup for one of the most intriguing things of all – buying a real estate. People in the know are increasingly turning to Property Consultants to manage this stressful transaction so ensuring they have access to expert, impartial advice and support throughout.
A good Property Consultant will have a through knowledge of and experience in, the property market as well as the type of property you are wishing to buy. This expertise can then be utilized to your advantage to deliver a powerful insight into your investment. When coupled with their industry connections, this will give you a much needed edge in the race to attain the most suited property.
Property consultants are obliged to satisfying their clients’ requirements for quality property, protecting their assets and providing top-class level of service to save time, money and avoiding stress.
In what is often a puzzled, frustrating and time consuming process, your property consultant will employ their skills and professionalism to leapfrog any obstacles and ensure a trouble-free transaction. Consultancy will be indispensable no matter what kind of property you are looking to buy. It will be a great mistake if you are not using the services of a recognized consultant to buy the property that you have wished to buy all your life.

The winners: Singapore, South Korea and the Philippines

Singapore experienced Asia’s highest residential property price increases during 2006, with 9.5% real (inflation-adjusted) house price rises.

There were also 9.3% real house price increases in South Korea, and 9.1% real house price increases in the Philippines. These were seen in the Global Property Guide House Price Indices, the biggest collection of residential property price indices.

Singapore’s strong 2006 GDP growth rate, at 7.9%, pushed up demand for Singapore property. The Urban Redevelopment Authority (URA) private residential property price index rose by 10% (9.5% in real terms) in 2006.

South Korea also saw a strong rebound in property prices, despite continued efforts by the government to depress the market. The Kookmin Bank’s house price index rose 11.6% in Dec. 2006 (9.3% in real terms) from a year earlier.

In the Philippines, strong economic growth and reduced inflation contributed to the continued recovery of the real estate sector. In addition, demand from Overseas Filipino Workers (OFWs) and dual citizens has been strong, pushing prices up. Luxury condominium prices in the Philippines rose 15% (9% in real terms) in 2006, following an 11% nominal price rise in 2005, according to Colliers International.Japan and Hong Kong are laggards

Japan’s residential property market continued to fall in 2006, despite repeated attempts by the media to portray the market as rallying. Nevertheless, the residential urban land price index registered a smaller fall in 2006 (-2.8%) compared to last year (-4.7%).

Hong Kong’s property market turned negative (-2.13%) in 2006, after impressive gains in 2004 (27%) and 2005 (8%). Higher interest rates in the US, mirrored directly in Hong Kong, were a major cause of the downturn.

Taiwan’s messy political crisis seems to have frozen residential prices, with 0% appreciation during 2006. In real terms, Taiwan experienced a decline in house prices during 2006 (-1.7%). During three years prior to the second quarter of 2006, Taiwan’s Sinyi house price index rose 17%.

In Malaysia, house prices did not to keep pace with inflation. Malaysian house prices today are at the same level as 1995, in real terms.

Thailand saw the end of ending its strong post-Asian crisis property market recovery, as the political crisis impacted the economy. House prices moved up just 1.9% in 2006 (-2.4% in real terms), after 2005’s price increase of 7% (1.5% in real terms), and 2004’s rise of 9% (6% in real terms).

Indonesia managed to reduce 4Q 2006 inflation to 6% from 16% during the first three quarters. With the house price index registering a 6.6% increase in 2006; house prices rose by 0.5% in real terms.The 2007 elections – risks abound

2007 is an election year in Korea, Taiwan, and the Philippines, and political uncertainty is likely to increase. There will also be elections in Japan and Hong Kong, but they are unlikely to have much impact on the real estate market. In Thailand, uncertainty will increase if elections are not called. The Philippines. A victory for President Arroyo’s party in the upcoming Congressional elections would be positive for real estate. Election years in the Philippines bring money inflows, but also increased uncertainty. But if Arroyo wins enough seats in Congress she will push constitutional change, removing constitutional limits on foreign ownership of real estate and companies – good for real estate. South Korea. The economic interventionism of left-of-center President Roh Moo-hyun has been damaging for Korea’s housing market. His support is crumbling, and a less interventionist president may be elected in December. But even if the opposition Grand National Party wins, excessive government intervention in the housing market has a very long history in South Korea.Taiwan. Parliamentary elections at end-2007 will provide a strong lead on whether the Kuomintang (KMT) can regain control of the presidency in 2008 from the Democratic Progressive Party (DPP). President Chen Shui-bian’s two terms have largely been spent on keeping him from being ousted. Significant banking and tax reforms have been held hostage by politics. Japan. Half of the seats in the upper house will be contested in July. Seats held by the Liberal Democratic Party (LDP) may be reduced, risking its reform agenda. These seats were won with the help of former prime minister and popular reformist Junichiro Koizumi. Hong Kong. Donald Tsang is up for re-election as chief executive where elections are still largely ceremonial and Beijing’s anointment is the only significant factor. Pro-democracy campaigners are hoping and pushing for reforms to full democracy and Mr. Tsang’s failure to push for constitutional reforms in 2005 means that this will be his last term.Thailand. The sooner elections are called, and Thailand is returned to democracy, the better it will be for the property market and the economy as a whole. The fate of Thailand’s property market hinges on the junta. If the junta prolongs military rule, the market will suffer.

The Global Property Guide sees inflation risks to be minimal in Asia in 2006. But other risks threaten the real estate market, particularly the re-emergence of bird flu in several countries, Indonesia in particular.

Asia is currently going through what is widely known as a “Property Boom”. Real estate is a highly recommended area for investment in Asia. Almost all countries in Asia are flourishing in the real estate sector. China is going through a revolutionary phase in the real estate sector. Rural homes and paddy fields are transformed into roads and shopping attractions. However some parts of the country the foreign investment and job opportunities have not created a real flutter. Costs of real estate are steadily increasing and anybody who is investing in the region could make handsome profit.
China has begun a huge drive towards urbanization. It is understood that they are relocating about 20 million people each year from country border to the cities. Very much the same is happening in the whole of East Asia as this half of the continent undergoes a strong urbanization drive. Asian governments are doing everything in their power to woo foreign buyers and investors. However supply hasn’t kept pace with demand which has boosted rents and capital values.
Malaysia has a favorable government in terms of property investment as the interest rates are only 6.75%, which is lower when compared to interest rates imposed by other countries like Vietnam and Indonesia. Prices of different kinds of properties continue to be cheap, particularly in comparison with other countries in Asia.
However this situation may not remain the same for a long time as at the close of 2006, the government dispensed with the requirement that foreign buyers should have the permission from a foreign-investment panel. This move is expected to have a positive bearing on the property market, especially on the mid-to-high end property segment.
Hong Kong is also getting increasingly cheap. This is clearly shown by the fact that rental rates for office space staying at $1,105 in 2006, lower than $1,237 in 1994. Because of mortgage competition between the banks and the steady decline of apartments city’s residential prices are predicted to rise more than 50% by the end of 2007. Considering the case of The Zurich and Monaco the potential threat is the vulnerability that has plagued the US economy. Many East Asian countries, whose economies depend heavily on exporting goods to America, will be affected quite badly by the state of the US economy.
Keeping this in mind, Singapore has the most attractive property investment opportunities in this part of Asia over the next two to three years. The Chinese manufacturing boom has been a real eye opener for the Singapore government. The various governments have started to redistribute their resources with the aim to make their respective cities as financially viable as possible. Singapore offers the lowest tax rate in the world for beginning companies, while 80% of firms spent an effective tax rate of less than 10%. Singapore is also very popular among tourists and this makes it even more compelling for potential investors. Unemployment has come down to a floor of 2.5% and as a result immigration is given an active encouragement.
About half of the 176,000 new jobs created last year were taken up by foreigners. The government expects that another 450,000 jobs will be created over the course of the next five years. This has given a real boost to the property market, which was hardly affected by the Asian financial crisis of 1997. The Singapore government has ended restrictions on borrowing limits in 2005 and as a result purchasing among Singaporeans has become active again.
Even after all these alterations the prices have remained relatively cheap. In comparison with equal cities in the Western world cities like London or New York, Singapore is cheaper. Property is considered a safer bet when you take the equity markets into consideration because of its lack of stability to a US downturn.
If you are interested in property investments, there may not be so many better choices than the Asian property market. There could be some problems in the future though like the possible lack of availability of homes when foreign workers searching for homes could create a scarcity. However, at least for the time being, Asia is among the most lucrative property markets available. Always be alive to it at the time of investing because you could commit on a healthy investment.

China is an incredible country with a number of attractions to boast of. This favorite destination offers investors, tourists, and prospective residents a wealth of opportunities. Before 1990s, there were only few office buildings, commercial properties and housing units in the country. But the country has now undergone tremendous changes and you can see high-rise condominiums, luxury apartments, and commercial buildings dominating the skyline of China.
All of the destinations in the country including Chongqing, Beijing, Shanghai and Tianjin are hotspots for investing in all types of properties. Beijing, the capital and seat of administration, has a population of 13.5 million people. Shanghai (16.4 million) is considered as the financial capital of the country, and it is also home to the Shanghai Stock Exchange. Shanghai has been chosen as the venue for some parts of the 2008 Olympics. Investing in Chinese properties can certainly fetch you handsome returns.
There are several reasons why savvy investors are attracted to invest in the country’s real estate. China is one of the world’s fastest growing economies. With the formation of the World Trade Organization, the country has emerged as the leader of the global economy.
Property prices in many of the Chinese cities are one third of the prices of world’s leading cities such as New York, London and Tokyo, as a result of the huge number of direct foreign investments every year. The crime rates in China are very low, In contrast to other countries in Asia. This has made China a safe place to live in. To crown it all, China is welcoming foreigners wholeheartedly. Westerners are attracted to the country in large numbers thanks to the highly educated, amicable, and well mannered Chinese people.
Investors interested in entering the Chinese property markets can be classified into institutional investors, commercial property investors, and residential property investors. Institutional investors are interested in investing in multistoried office complexes and latest retail units, owing to their high demand and potential for shortage in future.
Commercial property investors invest mostly in properties such as office spaces, hotels, warehouses and commercial lands. Residential property investors largely invest in residential properties such as houses, single detached houses, townhouses, villas, condominiums, apartments, and serviced apartments. Many people invest in these properties with a view to sell them in future when their prices rise, and there are others who invest in these properties to rent them out and reap high profits.
The price of a property in China depends on many factors such as the nature of the property and the location. For example, a standard apartment in Shanghai costs about 20000 Renminbi (people’s money) per square meter. However, the price of a Chinese serviced apartment with high end amenities ranges between 25000 and 30000 RMB per square meter. Real estates around city centers or near transportation hubs are always likely become the most valuable. In China there is a growing demand for retail and industrial space, as more and more Chinese citizens move to urban areas seeking jobs.
If you are interested in real estate in China you can either directly invest in the property itself or through a Real Estate Investment Trust. An REIT is an investment firm specializing in real state business. It is a commercial organization that handles real estate portfolio in order to make profits. REITs engage in owning and operating income-generating real estate properties such as apartments, shopping centers, condos, hotels, offices, and warehouses. They offer investors financial instruments of the nature of mutual funds. While mutual funds focus on stocks, REITs concentrate on real estate.
One of greatest benefits of investing through a real estate investment trust is that it brings huge tax benefits, as investors are exempted from paying any tax over the dividends. Another great benefit in investing through REITs is that you can trade your assets just like stocks. Yet another advantage of investing through REIT is that no minimum amount has been fixed for the investment.
There are a number of real estate firms to help you find your dream property in China. They offer a range of real estate services such as market analysis, property search, advertising and negotiation with sellers. Most of these real estate firms provide services of professional attorneys to verify the authenticity of documents.