Thai Real Estate Investment Soared On Back Of Property Fund Activity

KTAM Aims to Become Thailand’s Leading Property Fund,Increasing Assets Under Management to 11.3 Billion

The Bangkok Post reported on Thursday, 22 February that real estate investment in Thailand soared by 81.8 percent to $2 billion (1.3 billion)in 2012, nearly double the $1.1 billion (720 million) in 2011, as property funds markedly increased their investment activity.

According to property consultant DTZ, Thailand’s real estate market was boosted by the listing of major property funds and a high number of acquisitions, particularly in the office and hotel sectors. Some $1.1 billion (720 million), or 55 percent of total real estate investment, came from transactions by real estate funds or public funds for public offerings (PFPOs).

Investment activity received a major boost from the listing of Tesco Lotus Retail Growth Freehold and Leasehold (TLGF) in the beginning of January 2012, which proved to bethe largest property fund listing for the year. The $594-million (389 million) fund purchased 17 Tesco Lotus shopping malls in prime locations across Thailand in a deal which by itself exceeded half of the real estate investments in the country in 2011.

Other notable property fund investments in 2012 included the purchase during the first quarter of three serviced apartment complexesand residences for $106 million (69 million) by the listed Land and Houses Freehold and Leasehold Property Fund (LHPF). Additionally, the Quality Houses Hotel and Residence Freehold and Leasehold Property Fund (QHHR) bought three Centre Point serviced apartments in the third quarter, for some $107 million (70 million).

KTAM Eyes Real Estate Market

Krung Thai Asset Management (KTAM) has the ambition to lead the market in property funds and,more specifically, to increase its assets under management by 20 percent in 2013 to 516 billion baht (11.3 billion), said chief executive officer Somchai Boonnamsiri, citing the positive overall investment climate.

The Bangkok Post reports that Thai billionaire Charoen Sirivadhanabhakdi plans to raise funds through the funds managed by KTAM, with the subsequent capital increase being dedicated to turning KTAM into the global leader of this type of fund.

KTAM is considering entering new markets including Mexico, Brazil and some European countries. Annualised return for short-term investments in these regions is forecast at 3.5 percent or about one percent higher than returns in the Thai domestic market.

The Thai fund intends to boost the capital of property funds under the direction Sirivadhanabhakdi’s TCC group to as high as 50 billion baht (1.1 billion) this year. The fund also plans to launch ETFs on the Stock Exchange of Thailand in sectors such as food, energy, ICT and the commercial sector.

2013 will be the last year in which Thailand’s Securities and Exchange Commission will allow investments in what has been known as property type 1, with introduction a new type of property fund, the internationally recognised real estate investment trust, set to replace the old structure.

Stylish And Affordable Apartments In London

Searching for apartments in London? Worry no more your search ends here. Read this article and know everything that you wanted to know about apartments in London but did not know where to look for them. There is a long list of London accommodation equipped with the best-in-class luxury and comfort in a price range suiting your pocket.

Most of these Apartments in London are fully furnished and come with satellite television, air conditioning, luxury well-equipped kitchens and other elements of luxury and comfort that you can think of. Thoroughly serviced and cleaned at regular basis, these London serviced apartments are in the best of locations and ensure physical proximity to shops, malls and recreation centres. Catering to the needs of tourists and business travellers alike, these London serviced apartments would indeed become the ideal choice for many.

Starting from studios and one bedroom to spacious family suites equipped with all luxuries, these apartments in London come as self-sufficient homes and ready-to-move-in. These London apartments ensure all the contemporary amenities like designer living spaces and trendy bathrooms. Get the feel of Italy or the ambience of some traditional European city while sitting in one of these London apartments. Towels and linen, toiletries, tea, coffee, sugar, fruits and milk you get all in many of these self-sufficient homes. The luxurious ones also include the sophisticated showers, Jacuzzi bath and rooms with marble floors. Depending upon your needs and stay periods, these London apartments are offered both on long-term and short-term basis. The payment modes much like London hotels are user friendly and do take into account the convenience of customers.

Most of these apartments in London or hotel rooms however, prefer payments in UK Pounds. But they also accept Euros and US Dollars. The rates are typically based on nightly basis, but they also occur on pro-rated basis depending on longer or shorter stays. The rates follow the market standards and fluctuate according to the rule of demand and supply. Most of the London apartments ask for the payment at least thirty days in advance. The check-out time for most of these apartments is 11am while usually 2:00pm is the check-in time for a London accommodation. Another point of caution is that all apartments or London hotels do not offer a 24 Hour facility for Check-In. So do a slight research by visiting sites such as www.londonchoice.com before actually getting in into these London apartments. Plan your official visit or holiday in a manner that suits these timings.

Essential Tips And Techniques For Property Development Marketing

Property development encompasses everything from renovating an existing property to buying a parcel of land and developing it. But before you start marketing your property it’s essential to know who do you want to sell it to? Developers take the greatest risk by investing in property and selling it, but at the end of the day they stand to make the most money from taking this risk.

The first tip is to find the right location. Do your homework thoroughly by talking to local councils, town planners, local residents, property development marketing firms and carefully studying the building laws and regulations. Second, study the market carefully and evaluate its potential. An area that needs new housing will appeal both to clients and tenants. But building an apartment block in a busy business area will not attract clients. Thirdly, select the right team to design and construct the property. A good property development project manager can act as a mentor and will have established contacts and can save the client thousands of dollars in discounts. Finding and assembling the right team is one of the major key’s to successful property development. Right from the architects to the construction engineer to the surveyor will have a key role to play, and therefore need to be selected very carefully. Another essential is creating and maintaining harmony among the team. If the architect and the engineer dont see eye to eye, you will be the loser. You will be paying good money for delays in your project.

One of the major factors in property development is planning carefully and methodically. Your project manager must be involved with you right from the time you decide to launch into this new venture. Defining the milestones and making sure that they are met in the project’s lifecycle will make the difference between you making or losing money on the venture.

You will need to borrow from banks and financial institutions, and the key to securing financing will be to market the property. So for this you will need to develop a property development marketing strategy. Remember some banks and financing institutions make it essential for you to sell a part of the property before they lend you finances. Therefore it becomes essential for you to hire a property marketing firm that can design a marketing strategy and help you in selling the property. You cannot do site supervision, project management and marketing on your own.

Reputed property development marketing firms know how the markets are behaving and what does an area need. In fact you must hire them right at the start to help you decide if you have made the right decision on property development. Collecting data, forecasting needs and trends is what they are supposed to do, asides from developing a marketing strategy for the project.

Omaxe Group Has an Immense Amusement within its Group Housing Societies of Greater Faridabad

If someone has an interest to buy property in Faridabad then definitely he would be willing to have property in Greater Faridabad sector. If we talk about Greater Faridabad only you would be interested to know the features of the project and the exact looks of your home like after construction how it will look like. You will be having curiosity to know what would be the internal features and external amenities, how will be the environment or society, provision for water supply, electricity and security. Last but not least, most importantly location benefits and transportation advantages are found easily within close proximity. Hence, we can have numerous reliable, successful and fully featured residential and commercial projects in Neharpar area wherein today we are targeting a renowned developer named by Omaxe Group and its renowned projects.

Omaxe Heights Faridabad is group housing residential project launched by Omaxe Group at sector-86 in Greater Faridabad area. The project is spread over in approximate 40 acres of land and having approximate 2000 residential units overall. The project comes with 2 Bhk, 3Bhk and 4+servant room in variant area sizes of 1205, 1525 and 2350 sq. ft. respectively. The project has been offered to residents. It is having close proximity with sector-14 and 15 that are the posh sectors of Faridabad and deliberately located on 45 meter Faridabad-Noida road.

Omaxe Spa Village Faridabad is a high rise residential project located at sector-78 in Greater Faridabad. The project comprises 3 Bhk, 3Bhk along with servant room and 4 Bhk comprising variant area sizes 1600, 1900 and 2350 sq. ft. respectively. The project comprises with so many lavish amenities like Hi-tech gymnasium, snooker, billiards, pool, steam, Jacuzzi, tennis court, snooker, steam, swimming pool, club house, park, green area etc. The possession of the project is expected in the year 2013. The project is located very near to commercial sector-79 which increases the project value.

Omaxe Forest Spa is high-end, lavish residential development of Omaxe Group at Surajkund road. The project has very nice location due to having close vicinity with posh South Delhi and it is having less prices comparatively South Delhi. The project has come up with 4 Bhk along with servant room in three different area sizes like 2520, 3025, 4025 sq. ft. area respectively. The possession of the project is expected in the year 2014. Apart from these, there are capacious and lavish penthouses also which gives extra pleasure and enjoyment to the resident.

Planning Your Estate as per the Legal Directives

Planning the administration of your estate and the distribution of the assets may not be an easy task on your own. Moreover, it is a constant reminder of your mortality. Therefore, many delay to take up the task. This is not the right thing to do. If you possess any property, sizeable or not, there is a need to plan it properly.

Illinois has specific laws in this regard. Any resident of Chicago requires taking help from a lawyer to do this according to these legal directives. You need to find answers to three basic questions – who gets the property after you die, who takes medical decisions in case of your incapacity, who takes financial decisions in case of your incapacity.

The core elements of estate planning are as follows:

Will and Trust – Creating a legal will would give you the opportunity to distribute your assets as per your wish. Make sure to get adequate legal help; otherwise, the court could later deem it invalid. If you die intestate, the Illinois laws dictate that your spouse and children get your property, thus eliminating any other individual you wish to bequeath.

Forming a trust arrangement, like an irrevocable living trust, could also be a way to administer your assets. This is more advantageous if you want to leave part of your assets to a minor or an incapacitated adult. It also saves your loved ones the lengthy and expensive probate process after your decease.

Advance Directive for Health Care – In case a certain health condition leaves you incapable of taking decisions regarding your healthcare, this could be of immense help. Three options are available in Illinois –

Living will – predetermining whether you want life-prolonging procedures
Healthcare power of attorney – giving the right of decision-making to another
Mental healthcare preference declaration – determining which care you want

Power of Attorney – When you sign a durable power of attorney, the objective is to appoint an individual/organization to take care of the financial decisions if you are unable to do so because of incapacity in future. This does not mean that you are handling your assets to him/her; it is only the administration of it in case of your disability to do so.

Whichever of these you are planning, getting help from an estate planning lawyer Chicago is imperative. The estate laws and their implications are quite a complex web, and it is better to let a legal practitioner handle it.

If you have come across any legal issues and do not know what to do and whom to ask, exploit this Houston Lawyer Directory to hire a professional lawyer to deal with your case.

Advantages of Modern Housings Condominiums and Apartments

What is the best type of modern housing in the Philippines? In todays rapidly changing needs of many Filipinos, modern types of housings such as condominiums and apartment buildings proved to be very beneficial for their needs. So what are the benefits that these types of Philippine real estate can offer to their residents in todays modern lifestyles?

Advantages of Modern Housings: Condominiums and Apartments Apartment buildings were known as one of the most popular types of housings in the Philippines due to its location. Unlike other types of apartments, most apartment buildings are found in business and commercial districts, either near or within these locations. And it was because of this that many Filipinos found a way to easily access their workplaces from their homes.

However, other than apartment buildings, condominiums are also found in these locations, which can also offer the same accessibility that apartment buildings became popular with. But what made condominiums more popular compared to apartment buildings is its amenities.

Luxurious Amenities of Condominiums Other than the location, condominiums are also known to offer other luxuries such as their own gyms. According to real estate experts, part of what gave rise to condominiums in todays modern trends is its amenities such as gyms.

There are also a number of new condominiums in the Philippines that can offer their residents a new set of amenities other than gyms, such as an indoor swimming pool as well as a full-size sports complex. Their aim is to offer their residents activities where they can unwind after a weeks hard days work.

Affordability of Apartment Buildings One of the main reasons why apartment buildings are still popular in the Philippines is because of its affordability. Filipinos which cannot afford to live in a condominium unit usually ends up renting an apartment unit. However, other than its affordability, there are also a number of new advantages of living in an apartment unit which made it popular in the market.

A number of new apartment units, such as the one/two/three bedroom apartments, became popular among many modern Filipinos because these types of Philippine real estate are not only affordable, but it can also provide a suitable home for a Filipino family.

New Condominiums in the Market There are, however, a number of new condominiums in the market that allows more Filipinos to afford to live in a condominium unit. This is because many of these types of Philippine real estate can now be owned and paid in installment, making it more available for Filipinos who usually cant afford to live in a condominium unit due to its expensiveness.

Know the Low-Cost Housing Program More

As the low-cost housing program has already implemented, both quite successfully and effectively, the government ready to support the construction and building the low-cost housing unit by allocate 5.1 trillion IDR. Of course, House Financing Liquidity Facility Program, or the Program Fasilitas Likuiditas Pembiayaan Perumahan (FLPP) works relatively close with several cooperate banks and property developers, as well, to prepare around 75,000 ready-to-occupy housing units. In addition, ever since more banks and property developers are attempting to realize the program, as well the cheap housing alternatives from Perumnas program, the time when each family has their own dream-house will arrive soon.

However, if you are one of the communities who has wrong perception about the program’s implementation, ensure to read more trusted sources or join the socialization. Actually, this is not a home-sharing event which happen between the government and community where you are free to achieve any housing units which meet your expectation. Instead, you need to require several specific procedures just like the usual mortgage program you have known. Of course, the government still offers subsidized KPR as private dwelling so they can still concern more to their welfare, while for the non-low-income-community, the mechanism is according to the bank and property developers which take role as mortgage providers.

According to the statement stated by Syarif Burhanuddin, the low-cost housing program aimed for two targets, such as low-income communities aimed for 600,000 housing units, and also 400,000 housing units for non-low-income communities. There are several conditions you need to meet with the requirements, such as the cost of DP, installments, and also the easier process, the mortgage providers still need to survey and prepare other specific requirements. Until now, as mention before, the FLPP has already prepared to construct around 76,000 housing units, and ready to achieve significant number up to 5.1 trillion IDR in 2017.

As there are numerous easiness stuffed into this low-cost housing program, either known as One Million House Program, the government aimed to bring more probability to the low-income community to get their own private house. If you are joining into this program, you will get a 1 to 10% down payment for each home, and for the low-incomer who really need, the government has provided 4 million IDR as assistance budget. Other than that, to make more possibilities, the government with banks and developers also offers inexpensive shelters with only 800,000 IDR as monthly payment you have to pay for 15 years.   

Lanzarote – Hotels, Apartments and Villas

The popular holiday destination of Lanzarote is blessed with a year round warm climate. It is because of this that holiday makers flock to the island all year round. This means that the island enjoys year round tourism and there is very little ‘seasonal’ drop in the tourism trade.

People who fly to Lanzarote will usually stay in one of three different types of accommodation. A luxury Hotel, an Apartment either within a complex or standalone or a Villa / Bungalow. The type of accommodation is really down to personal preference and possibly budget, but you don’t have to spend the earth on accommodation to enjoy your holiday in Lanzarote, as lets face it, you shouldn’t be spending too much time in it!

Luxury Hotels in Lanzarote tend to be spread out rather than built up. This is due to a building restriction on the land that means that any building must not be taller than a certain height. Unfortunately, it does appear that some of the larger chains of hotels on the island have been built illegally and contravene the regulations, but I don’t see them disappearing any time soon!

In a luxury hotel you can expect to get well looked after from the moment you arrive. From porters taking your luggage to a friendly welcome at the check-in desk. The rooms are generally well furnished and maintained and include a bed (or beds), TV, minibar and shower / bathroom. Meals in the hotels are usually served in a dining area, but of course in many cases it is never to far to venture out into the resort where restaurants are to be found a plenty.

If you fancy something a little more ‘practical’ then a self contained apartment might be for you. There are many different apart-hotel complexes on Lanzarote that usually have their own pool (or pools), on site facilities such as shops and bars, and they give you the freedom to decide if you want to eat in or out. Apartments usually come with a living area, kitchen area, bathroom and bedroom – so its like living at home on holiday!

Villas and Bungalows are generally the same as apart-hotels apart from the fact that they are privately owned and will usually be furnished to a higher standard. They will also sleep more bodies. For larger families or ‘groups’ Villas are usually a very cost effective way to rent accommodation for your holiday as you tend to pay for the Villa, and not for the number of people staying in it. Most Villas in Lanzarote tend to have a small private pool and terrace area where you can enjoy the weather that the island has to offer.

The choice of accommodation is usually down to personal preference, what you can afford and what type of holiday you are looking for.

Different Apartment Condo Roofing Materials For Different Climates

Your apartment is the ultimate shelter for you. You feel at home when you are under the apartment roof. The apartment is a hub of peace and protection for you and your family. It keeps you warm when it is chilly cold outside during winter and keeps you cool when it is sweltering hot outside during summer. The inner ambience of an apartment depends somewhat on the material that is used in construction of the apartment rooftop. There are various materials for apartment condo roofing.

The confusion arising from the availability of several different roofing material types is which material to choose for your apartment condo roofing. No one wants the rooftop of their apartments to fall down when heavy downpour or stormy wind gives a blow. The strength, solidity, resistance and durability of a roof are everyones expectation. All these attributes of a perfect roof result from the use of quality and long-lasting roofing materials. Let the selection of a particular material for apartment condo roofing rest on the atmospheric factors and the climatic conditions of the region where the apartment is. The material with high resistance to reflect back the blows of nature should be the constructional component of your apartment rooftop.

Basics of Different Roofing Materials Available and Used in South Florida

Asphalt shingles are a common material for apartment condo roofing. The roofs made of asphalt shingles offer a combination of shiny looks, cost-efficiency and longevity for the apartment owners. Available with diversity in design, shape and color, this roofing material is a right choice for condo apartments in the regions with dry climate. This is because; asphalt shingle roofs are likely to develop moss buildup in moist climates.

Clay tiles are another apartment condo roofing material. They are extremely weather resistant and long-lasting. Clay tiles are not suitable for some architectural designs for they are heavy. Tile roofing attributes pristine aestheticism to residential apartment condos. Though available in a variety of colors, they do not offer unlimited choice in design. Clay tile roofs are good for apartments in the regions with hot climatic conditions.
Metal apartment condo roofing is largely found in mountainous areas. Though made from conventional metals like steel, aluminum and copper, metal roofs are preferred for modern town apartments. Metal roofing material is a little more expensive than asphalt shingles. They are suitable for condo apartments in harsh climates. You had better consult a South Florida apartment roofing company regarding the selection of a roofing material for your apartment rooftop.

Wonderful Things About Being a Game Developer

There are a lot of good things about being a game developer in the Philippines. As the multi-billion dollar mobile game development industry gets even bigger, more game development jobs become available in the country. These opportunities make it possible for game enthusiasts to work in a field they love and earn a living with a career that makes them happy. A career in mobile game development is more than an excuse to play games all day, there are many rewards that come in this industry. Using your creative and analytical skills – Game development jobs require both your creative and analytical skills. Some jobs like artists and sound engineers may have a highly-creative focus, while programmer jobs are very analytical. Game design and mobile app marketing uses both creative and analytical skills. You can always challenge and allow your skills to grow in mobile game development. Work in a lively and casual environment – If working in a cold and formal office is your idea of a nightmare, the environment of game development will be a sweet dream. It is so different from other industries. Employees are allowed to be as creative as they can be. There are no strict dress code and the working hours are flexible to maximize the employee’s efficiency. The best part is being surrounded with people that are passionate and driven about what they do. Having a steady career in a dynamic industry – The game development industry is always changing and it changes fast. With all the new innovations, it will be hard to find a dull moment. But the changes also bring new opportunities to learn so you can improve and expand your skills. But even with all these changes, the game development industry is well-established, so you do not have to worry about your job. Seeing people have fun with your creation – Making other people happy is one of the best feelings in the world. In mobile game development, you have a chance to do that in every game you create.

It is very fortunate that Filipino game aficionados can be a game developer in the Philippines and they no longer have to go overseas to realize their dream of making games. FunGuy Studio is an android and iphone app development company that makes it possible. They have their game studio based in Manila where they perform the whole range of game development jobs – from game conceptualization to mobile app marketing.

There are a lot of wonderful things about game development jobs beside impressing kids. It is a fun career that satisfies one’s need for creative outlet, growth and security. It also gives you an opportunity to turn your passion into a career.