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Australia has the Happiest Migrants in the World

Australia is ranked within the top 10 happiest countries in the world, holds the number 6 spot for the happiness of foreign-born migrants and is the seventh most accepting country of migrants.

Australia is a good place to settle for both natives and immigrants alike. And why not? The country has a sound economy and banking sector, good governance and some of the best education systems in the world. It is home to not one, but three, of the World’s Most Liveable Cities.

How happy are you in your own country? More specifically, if you now permanently reside in a country that is not your own, how happy are you living where you are now?

Well, if you live in Australia, chances are that you’re a happy camper!

A recent study revealed that Australians — both its native citizens and migrants — are among the world’s happiest people.


Australia’s Top Scores for Happiness

The World Happiness Report 2018, which takes a deep look at how immigration affects the happiness of societies, ranks Australia as the top 10 happiest countries in the world. The report, also ranks Australia as number 6 for the happiness of foreign-born migrants and the seventh most accepting country of migrants in the world. This is especially interesting, given that most of the world’s happiest countries have a high proportion of migrants. In Australia, half the population were either born overseas or has one or both parents born overseas.

Clearly, Australia is a good place to settle for both natives and immigrants alike. And why not? The country has a sound economy and banking sector, good governance and is one of the best education systems in the world. It is home to not one, but three, of the World’s Most Liveable Cities, with Melbourne holding the record of the most liveable city for 7 consecutive years!

Little wonder that Australia’s population growth has been on an uptrend, increasing by another 1.6% to 24.7m in the 12 months to end Sept 2017. That’s one person added every 1 minute and 26 seconds! As expected, the state of Victoria experienced the highest growth in the country, charting a rate of 2.4%.

Is there any surprise, then, to the ever-growing  property market within Australia’s largest cities like Melbourne, and Sydney and Brisbane?,

A recent article on the spiraling growth of Melbourne CBD illustrates the population expansion of the city in detail, and how the city is expected to hit 266,455 residents by 2037 due, largely, to births and immigration, thus driving demand for homes.

But, back to the subject of happiness. The World Happiness Report 2018 says that a factor determining immigrants’ happiness is how accepting the people of the host country are. It also notes that among the 10 happiest countries of the world, Australia has the highest percentage of migrants at 28% of its population.

Perhaps Australia is the most successful multicultural society in the world after all.

Spread the happiness around. Let us know how happy you are wherever you are in the comment box below!

By Marzatul Ruslan

Source:


CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and purpose-built student property in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc); Australia (Melbourne, Perth, Brisbane) and Thailand (Bangkok). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence.

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260

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The General Election 2018 & the Malaysian Property Market

As the country gears up for the general election, questions abound on its impact on the housing market.

What’s the post-election outlook for the Malaysian property market? 

With Malaysia’s General Election 2018 (GE14) looming just around the corner, house-buyers and investors will undoubtedly ask the question: “What is the post-election outlook for the Malaysian property market?

Bank Negara had announced in November 2017 that the property glut in Malaysia reached its highest level recorded in the past 10 years. At the same time, Deputy Finance Minister Lee Chee Leong announced that the amount of unsold residential units had risen by 40% during the first half of 2017.

During Q1 2017, unsold residential units climbed to 130,690, the highest in the decade.
During Q1 2017, unsold residential units climbed to 130,690, the highest in the decade.

Over the past few years, the trend in new housing supply has been skewed towards the higher-end property segment. Developers favour the higher-end property segment due to the higher margins it is able to generate, and tend to neglect affordable housing, with it not being as profitable.

Thus, right now, the Malaysian property market is characterised by an oversupply of non-affordable housing. Houses remain out of reach for many households due to the failure of the market to produce a sufficient quantity of affordable housing for the masses.

The maximum affordable house price in Malaysia is estimated by Bank Negara to be RM282,000. However, in 2016 the actual median house price was RM313,000, beyond the means of many households. From 2007 to 2016, house prices grew by 9.8%, while household income only increased by 8.3%.

Housing affordability by income levels in Malaysia, in 2016
Housing affordability by income levels in Malaysia, in 2016

Bank Negara reports that out of the almost 150,000 unsold properties (146,497) nationwide in 2017, 83% were priced above RM250,000. 61% of the total unsold units were high-rise properties, 89% of which were priced above RM250,000.

By state, Johor had the largest share of unsold residential units, having more than a quarter of the total units (27%), followed by Selangor (21%), Kuala Lumpur (14%) and Penang (8%).

83% of unsold units in Malaysia in 2017 were above RM 250,000.
83% of unsold units in Malaysia in 2017 were above RM 250,000.

Bank Negara governor Tan Sri Muhammad Ibrahim said the government’s efforts in affordable housing are very much needed, and cites the failure of the property market to provide supply in the affordable range.

“If you look at the numbers in 2014 and 2015, the numbers of affordable houses were quite good, accounting for 75% of the supply of residential properties. But in 2016 and 2017, the numbers were reversed, as only 25% of residential properties were in the affordable range.

“Obviously, there was a market failure. If the government did not come in and provide the additional supply of affordable houses, the problem would have been acute,” he said after releasing Bank Negara Malaysia’s 2017 annual report and the Financial Stability and Payment Systems Report 2017.

The Government had, in November, frozen approvals of luxury property developments indefinitely and temporarily halted the development of shopping malls, commercial complexes and condominiums priced above RM1mil to address the oversupply; it is quite clear that the market is on a decline. Works Minister Datuk Fadillah Yusof has since clarified that this freeze would be applied on a case-by-case basis.

Malaysian property market in 2018 and the impact of GE14

There has been much concern that the Malaysian property market is in a bubble. Fears are that the current glut together with the increasing supply pipeline of properties still in construction, will lead to a market crash soon.

Real estate expert Ernest Cheong warned that developers were aggressively marketing their properties because they were in danger of losing their bridging finance from banks. The bridging finance is used by developers to support their construction.

“This is where the danger starts. I predict if this continues, markets will crash within 24 to 30 months because consumers do not have the financial capacity to buy properties any more. Furthermore, developers who started building two years ago are expected to flood the market further with their units.” he said.

Institute for Democracy and Economic Affairs’ (IDEAS) senior fellow Carmelo Ferlito stated, “Malaysia is undoubtedly experiencing a housing bubble and the unsold properties are a natural consequence of this bubble.”

Ferlito said it would be crucial for Bank Negara to refrain from supporting the property industry by lowering interest rates or the government bailing out developers. “Intervention will only result in a longer and more painful crisis with prices kept artificially high by the central bank when the market is demanding for lower prices.”

IQI Global chief economist, Shan Saeed opined that the property market in the country is merely undergoing some ‘sector changes’, and that there was no danger of a bubble.

“In some areas, property prices are going up, but there are also areas where the price is going down. The property market moves with GDP (gross domestic product) growth, and the growth is currently very solid and on the upsurge. Customers are still buying (property) because income levels are rising. So I believe these concerns concerning the property market are unfounded,” he said.

Real estate firm Rahim & Co stated that Malaysia is unlikely to face a property bubble with the several pre-emptive measures Bank Negara has already put in to stabilise the market, some of which include abolishing the Developers Benefits Under Liquidity Scheme (DIBS), and tightening of the conditions for financing.

CBRE WTW managing director Foo Gee Jen cites the country’s strong fundamentals and measures by Bank Negara as having moderated the impact from price growth in the last market boom.

“While housing prices in Malaysia have been on the rise, they have not reached an unjustifiable level where the price unreasonably exceeds its economic returns” he says.

Credit rating agency Moody’s expects a decline in property prices due to the supply overhang. “In our view, the increasing oversupply and the prospects of a material property price correction will continue to build as new supply enters the market and poses a risk to Malaysian banks’ asset quality,” it said.

Savills Malaysia managing director, Datuk Paul Khong said that house buyers are currently adopting a wait-and-see attitude against subdued and lacklustre transaction activities in the property market.

“It is no surprise to the sector that 2018 is an election year, of which market sentiment is quite mixed. We, therefore, foresee the property market to be rather flattish this year with nominal excitement,”

“We do, however, expect some market movements in the later second half of 2018 (2H18) — especially if the GE14 goes well and the confidence factor returns,” he said.

Savills executive chairman Datuk Christopher Boyd adds that, regardless of increase in demand, “it will not cause a price explosion because it will be tempered by quite a considerable backlog that some developers need to clear as well as the increasing supply.”

Virata Thaivasigamony of property consultancy CSI Prop states that the upcoming General Elections is expected to give a boosting momentum and direction for the country’s property sector.

“We expect GE14 to set the pace for the future, and go some way towards restoring the current lack of confidence in the local property market,”

“Currently the local property market is on a downward trend due to supply not meeting the demand for affordable housing, and demand not meeting the oversupply of higher-end properties. It will take some time till developers rebalance the available supply, and the market regains its footing,”

“The ringgit has strengthened so now would be a ideal time to invest in foreign property, in markets like the UK and Australia, with a potential for great returns,” he added, highlighting recent news reports that the ringgit had strengthened to a 2-year high this month.

Uncertainty still clouds the local market going into 2018, and the current glut of property, with more still in the pipeline, does not bode well for investment prospects in Malaysia at this time. With the ringgit currently at a 2-year high, property in overseas markets like the UK and Australia are more attractive than ever, offering investors an opportunity to take advantage of the currency rate and get on to the overseas investment bandwagon.

Article by Ian Choong

Sources:

  • http://www.freemalaysiatoday.com/category/nation/2017/11/18/bank-negara-property-glut-highest-level-in-a-decade/
  • http://www.freemalaysiatoday.com/category/nation/2017/11/13/unsold-residential-units-rise-40-in-first-6-months/
  • http://www.theedgemarkets.com/article/cover-story-higher-inventories-and-lower-margins-seen-among-developers
  • http://www.theedgemarkets.com/article/govts-housing-schemes-do-not-distort-market
  • http://www.freemalaysiatoday.com/category/nation/2017/11/14/property-market-will-be-badly-hit-in-2018-says-expert/
  • http://www.freemalaysiatoday.com/category/nation/2017/08/20/property-market-bubble-set-to-burst-says-think-tank/
  • http://english.astroawani.com/business-news/there-no-property-bubble-malaysia-160551
  • https://www.nst.com.my/business/2018/02/334879/malaysia-unlikely-face-property-bubble
  • https://dbv47yu57n5vf.cloudfront.net/s3fs-public/pullout/20180323_ep_2616_locked.pdf
  • https://www.thestar.com.my/business/business-news/2017/11/27/moodys-expects-decline-in-property-prices-due-to-supply-overhang/#zI4BuSEAHm0lxl7s.99
  • http://www.theedgemarkets.com/article/ringgit-strengthens-more-2-year-high
  • Charts from BNM Quarterly Bulletin, Third Quarter 2017
  • Featured Image from hazuism.blogspot.com
  • https://csiprop.com/malaysian-property-market-decline-2018/
  • https://themalaysianreserve.com/2018/04/02/property-market-on-wait-and-see-attitude-pre-ge14/

CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and purpose-built student property in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc); Australia (Melbourne, Perth, Brisbane) and Thailand (Bangkok). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence.

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260

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Liverpool: Hotspot for Economic & Population Growth

A new survey on the UK’s 24 leading urban economies saw Liverpool rated as one of the top four hotspots in the UK for economic growth potential.

Liverpool’s economic growth rate, coupled with investments into the city’s development and infrastructure, is poised to create more jobs, further driving demand for housing and cementing its reputation as one the best-performing property investment locations for landlords.

The results of a survey on the UK’s 24 leading urban economies saw Liverpool rated as one of the top four hotspots in the UK for economic growth potential.

The study was executed by a global design and infrastructure consultancy known as Arcadis. To achieve the rankings, six key features of a prospering city were calculated and compared: workforce and skills, infrastructure, business environment, place, city brand and housing. Liverpool was ranked within the top four economic hotspots together with Edinburgh, Oxford, and Cambridge.

The report was welcomed by both City Region Metro Mayor Steve Rotheram and managing director of the Liverpool City Region LEP, Mark Basnett.

Mr Rotheram said: “This is an encouraging report but, in a sense, it tells what we already know. External validation is always useful and helps to signal to UK and international investors the huge opportunities that exist within the city and wider city region. Devolution gives us a huge opportunity to realise that potential by prioritising the areas identified in this report.”

The report revealed that Liverpool’s strengths were its brand, infrastructure, positive business environment and quality and affordability of housing supply — the latter has earned Liverpool a considerable number of titles as one of the UK’s best buy-to-let areas.

 

Not the First Time

A look at Liverpool’s economic history reveals that its position at the top of a list on economic growth is not some newfangled occurrence. In 2015, figures by the Office for National Statistics (ONS), revealed that Merseyside, a metropolitan county that comprises Liverpool among other cities, experienced an economic growth rate faster than London, Manchester and any other major British city.  Just last year, Liverpool was voted as ‘The UK’s Buy-To-Let Hotspot’ for property investment returns and capital growth. With this positive trend extending into 2018 along with major regeneration schemes, Liverpool and economic growth are set to be well-acquainted in the years to come.

Liverpool’s strengths were its brand, infrastructure, positive business environment and quality and affordability of housing supply.

 

 

Liverpool’s Knowledge Quarter: Catalyst of Economic & Student Population Growth

What will further catapult Liverpool’s economic progress is the Knowledge Quarter, a £2bn vision to establish  the city as one of the world’s leading districts for science, technology, innovation and education.

For this goal to be actualized, it is crucial for well-resourced and world-leading universities to take the lead due to their resources and conducive environment. What is usually forgotten is that labs and classrooms are the birthplace of pretty much all the latest technology. AI and deep learning, automation and predictive analytics have all, in some form, started in an educational institution and not a traditional software development environment. The Knowledge Quarter is a perfect example of the UK’s progress towards this major goal, marking its transition into the next digital revolution and cementing Liverpool’s position as one of UK’s core cities taking part in it.

With several universities already residing in Liverpool’s Knowledge Quarter, a growing student population is bound to follow — Liverpool is home to a whopping 67,000 students!

Worth noting is the rising demand for proper accommodation  in the undersupplied student property market. Found below are figures that illustrate the dire shortage of purpose-built student accommodation (PBSA) in Liverpool as of late 2017:


Student Population: 67,000

Amount of Housing Available Through University: 4,500
Amount of Total Student Housing Available: 17,857
Potential Yields: Approx. 8% per annum

 

This shortage, a burgeoning student population and the relevance of the Knowledge Quarter as a one-stop education and technology centre, make PBSA in Liverpool the ideal investment.

Opportunities for investment are also found in the residential property sector as high house rental values have given Liverpool’s city centre some of the highest rental yields in the UK. According to latest research, Liverpool and Nottingham were the best performing property investment locations for landlords with average nett rental yields of 6.2%, no doubt greatly credited to the education sector. With Paddington Village, a massive regeneration scheme within the Knowledge Quarter, poised to create up to 10,000 jobs and fuel demand for housing, we see this trend continuing into the future.  

With Liverpool’s Knowledge Quarter and education centres in mind, it would be a good idea to dip your toes into the pool of Liverpool’s looming success as soon as possible! 

Feel free to contact the team at CSI Prop for more information about how to get involved with Natex and how to build an impressive property portfolio.

By Nimue Wafiya 
Additions & edits by Vivienne Pal

Sources:

http://lbndaily.co.uk/liverpool-one-top-four-hotspots-growth-potential-new-report-says/

http://www.finsmes.com/2018/03/new-report-reveals-liverpool-is-one-of-the-top-hotspots-for-growth.html

https://www.timeshighereducation.com/blog/uk-cannot-compete-digital-age-without-top-universities

http://www.primesite-developments.com/5-best-student-towns-invest/

www.movecommercial.com/12439-2/

https://www.propertywire.com/news/uk/liverpool-nottingham-top-buy-let-investment-rankings-uk/

www.csiprop.com/uk-property-outlook-2018/

www.resolutionfoundation.org/media/press-releases/merseyside-grew-fastest-in-a-strong-year-for-britains-major-city-economies/

www.csiprop.com/liverpools-knowledge-quarter-world-class-innovation-district/

www.csiprop.com/properties/natex/


CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and purpose-built student property in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc); Australia (Melbourne, Perth, Brisbane) and Thailand (Bangkok). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260

 

 

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Construction Update – Aura (Feb 2018)

On behalf of the developer, we present you updates as at end February 2018 from the construction site of Aura in Liverpool, UK. Kindly click on the image below to access and flip through the update.

FLASHBACK: Aura

Smart student living

Aura is a brand new, purpose-built student accommodation development strategically positioned in Liverpool’s thriving Knowledge Quarter, the city’s education hub. The fully-managed development comprises en-suite rooms and studio suites, delivered fully-furnished and finished to a high standard. In addition to having a gym, yoga lounge and games room, this self-contained development has on-site laundry facilities, and a restaurant. Bike storage is available in the courtyard for the students’ convenience.

Aura is just a few minutes’ walk from the University of Liverpool. The Royal University Hospital, Liverpool John Moores University, Liverpool Hope’s Creative Campus and LIPA are also in close proximity.

Investment Highlights

  • 9% nett rental return p.a. assured for 5 years
  • Catchment of 57,000 students from 5 sought-after universities, with a current shortfall of 21,900 managed bed spaces
  • Fully-managed & fully-furnished
  • Located in the Knowledge Quarter
  • Walking distance to the prestigious University of Liverpool
  • Close to Liverpool city centre and main transport hubs

Specifications

  • Free high-speed Wi-Fi
  • Communal lounge and shared kitchen facilities with smart LCD TVs
  • 24-hour CCTV security and controlled building access
  • Fully-equipped state-of-the-art gym and yoga lounge
  • Courtyard with bike storage
  • Large meeting area, lounge and study areas
  • Games room with pool tables, entertainment facilities and smart LCD TVs
  • Restaurant
  • On-site laundry facilities

CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and purpose-built student property in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc); Australia (Melbourne, Perth, Brisbane) and Thailand (Bangkok). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260

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Investment Opportunities in UK’s Youngest Cities

A younger population can bring advantages such as attracting businesses, which will have a larger pool of working age residents to draw from.

While recent data by the Office for National Statistics (ONS) show that the UK is facing an aging population, key cities remain a hub for the young. What difference does the age of a city make?

With its beautiful, calming scenery and rich history and culture, the UK is home not just to the native Brit, but also millions of immigrants.

Over the past 20 years, younger people have increasingly chosen to live in the urban areas of the UK, while the share of older residents has fallen. Statistics show that the UK’s edgy and lively cities remain a favourite among the younger generation with 62% of people aged 18 – 34 living in cities in 2016 compared to 58% in 1996. In contrast, the share of people aged 65 or older fell from 51% to 46% during this period.

A recently released study by the Centre for Cities reveals some of the youngest cities in the UK, with  Slough as the clear winner at the youngest average age of 33.9. London, popularly assumed as the city with the youngest population, comes in at sixth place, with the average youngest age of 36.5. Here is a list of some of the youngest cities in the UK, with average ages of under 40:

Oxford   34.4
Luton   35.1
Cambridge   35.4
London   36.5
Bradford   36.7
Birmingham   37.6
Bristol   37.7
Manchester   37.8
Reading   37.8
Liverpool   38.2
Plymouth   39.4

Investment opportunities  

What draws the younger population to these cities? Job opportunities and expansion, good infrastructure, facilities and educational institutions — these are the essential pull factors. On the other hand, a younger population can bring advantages such as attracting businesses, which will have a larger pool of working age residents to draw from.

Among the cities which have been getting younger, Oxford, Cambridge and Brighton have large shares of high-skilled, high-paying jobs, and all offer good access to quality schools.

Manchester, the UK’s fastest-growing city, is Europe’s second largest creative tech hub with 70,000 people now working in the city’s creative, digital and tech industries. Like Liverpool, it is also home to some of the world’s leading universities, offering a huge cache of thinkers to future employers.

It is in cities like these that purpose-built student accommodation are at high demand, offering commercial property investors opportunities to grow their wealth in this high-yielding and unique sector. 

In Bristol, for example, the number of students needing accommodation is projected to grow to 44,000 by the 2018/19 academic year. The growth can be attributed to the city’s two notable universities, the University of Bristol and the University of West of England, which make up a total of 40,000 full-time students. Little wonder that student property is a top investment in Bristol.

Meanwhile, Liverpool’s £2bn vision to develop a world-class Knowledge Quarter will further reinforce its status as one of the best student cities in the world. The Knowledge Quarter represents an opportunity for significant future investment and regeneration, and will ultimately create more high-skilled jobs in the city. By attracting investment and creating jobs, people’s lives are improved and opportunities are created, thus attracting a greater number of young settlers and driving housing demand. 

Private Finance and Savills have now placed Liverpool and the overall Northwest as the top hotspots for buy-to-let investors with some of the highest comparative returns.  Does this pique your interest to grow your wealth in cities with a youthful population? Speak to us and find out more. Or send us a comment below!

Next week, we talk about cities with an ageing population and the opportunities they hold. Stay tuned.

Source:

http://www.bbc.com/news/uk-43316697

csiprop.com/the-top-investment-in-bristol/

csiprop.com/liverpools-knowledge-quarter-world-class-innovation-district/

csiprop.com/uk-property-outlook-2018/

csiprop.com/manchester-original-modern-city/

 

By Marzatul Ruslan

CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and commercial property including student accommodation and carehomes, in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc) and Australia (Melbourne, Perth, Brisbane). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260

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Construction Update – The Residence (Feb 2018)

On behalf of the developer, we bring you updates as at end Feb 2018 from the construction site of The Residence in Manchester, UK. Kindly click on the viewer below to see and flip through the update.

FLASHBACK: The Residence

The Residence is only a few minutes’ walk from Manchester City Centre. It sits at the doorstep of Spinningfields (The Canary Wharf of the North), Manchester’s main shopping and commercial district and Deansgate, the financial district of the city. The Residence occupies a prominent position within the stunning new £400 million Greengate Masterplan Project and, upon completion, will be one of the tallest residential buildings in the city, making it highly desirable for tenants. The regeneration of Greengate is expected to unlock £400 million of investment over the next 15 years.

CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and purpose-built student property in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc); Australia (Melbourne, Perth, Brisbane) and Thailand (Bangkok). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260

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Construction Update – One Islington Plaza (Feb 2018)

On behalf of the developer, we bring you updates as at end Feb 2018 from the construction site of One Islington Plaza in Liverpool, UK. Kindly click on the image below to access and flip through the update.

Flashback: One Islington Plaza

Living in the Knowledge Quarter

One Islington Plaza is the latest student development directly adjacent to Liverpool’s Knowledge Quarter, in the heart of Liverpool’s student district. One Islington Plaza will consist of 317 studio and ensuite clusters, with great facilities for student living such as communal lounges, entertainment and services. All ensuites have access to communal kitchens with appliances, including dishwashers, while all studios come with fully-fitted kitchens. The project is situated in an incredible location, within walking distance to major universities in Liverpool.

Investment Highlights

  • Prime Location
  • 8% rental returns assured for 3 years
  • NO stamp duty
  • Fully-managed
  • Fully-furnished

Project Highlights

  • On-site concierge & front desk
  • Communal lounge with flat screens, video games, pool tables, ping pong & fuzzball
  • Cinema, media room & study areas
  • Laundry services
  • Bicycle storage
  • Fully-equipped gym
  • On-site Crosby Coffee shop & retail unit
  • TVs & high-speed broadband in all rooms
  • Hotel style access control systems & monitored CCTV system


CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and purpose-built student property in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc); Australia (Melbourne, Perth, Brisbane) and Thailand (Bangkok). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260

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Construction Update – Colonial Chambers (Mar 2018)

On behalf of the developer, we present to you the latest updates from the construction site of Colonial Chambers in Liverpool, UK as of March 2018. Kindly click on the image below to access and flip through the update.

CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and purpose-built student property in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc); Australia (Melbourne, Perth, Brisbane) and Thailand (Bangkok). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260

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Construction Update – One Wolstenholme Square (Feb 2018)

On behalf of the developer, we bring you updates as at end Feb 2017 from the construction site of One Wolstenholme Square in Liverpool, UK. Kindly click on the image below to access and flip through the update.

FLASHBACK: The Epicentre of History & Culture

Imagine being at the centre of a quaint and cultural city bustling with life and steeped in history…Welcome to One Wolstenholme Square, the latest £40 million development in the most desirable postcode in Liverpool.

Located five minutes away from the city’s attractions and top university campuses, One Wolstenholme Square comprises a selection of studio and one-bedroom residential apartments with a panoramic view of the Liverpool skyline and the remarkable World Heritage Waterfront.

Liverpool is one largest economies in the UK, and home to half a million people, some of the UK’s top universities, football clubs (Liverpool FC & Everton FC), a staggering student population of over 53,000 and, of course, The Beatles!

CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and purpose-built student property in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc); Australia (Melbourne, Perth, Brisbane) and Thailand (Bangkok). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260

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Where is the Best Place to Invest in UK Student Property?

While the final numbers have not yet been released, Jones Lang Lasalle (JLL) had projected the total investment volume of UK student property in 2017 to be in excess of £5 billion as demand remains high. Image taken from Priestley Lettings UK

UK student property continues to provide rewarding returns to investors over the years. While the final numbers have not yet been released, Jones Lang Lasalle (JLL) had projected the total investment volume of UK student property in 2017 to be in excess of £5 billion as demand remains high.

Recent data reveals that annual returns for student property between 2012 and 2016 reached an impressive 11.8%. Comparatively, in the same period, residential property was at 7.8% and commercial property, as a whole, at 7.4%.

According to data gleaned from the ONS & UK HPI rental growth index, CBRE student accommodation index and IPD quarterly property index, UK student property delivered 10.2% total returns —  a combination of 5.4% rental income and 4.8% capital growth.

Annual returns for student property between 2012 and 2016 reached an impressive 11.8%, a far better performance compared to residential property and commercial property as a whole. Image credit: Property Partner UK.
Annual returns for student property between 2012 and 2016 reached an impressive 11.8%, a far better performance compared to residential property and commercial property as a whole. Image credit: Property Partner UK.

There was approximately £3.1bn invested in the UK purpose-built student accommodation market in 2016, making it the second highest year on record after the exceptional 2015, when 74,500 beds were traded at a total value of £5.9bn. While the final numbers have not yet been released, JLL had projected the total investment volume of UK student property in 2017 to be in excess of £5 billion as demand remains high.

More students than ever are studying away from home, meaning the demand pool for accommodation continues to grow. In 2016/17 the number of students living in private accommodation increased to 141,210, a growth of 6.4% compared to the previous year. This trend is predicted to continue, fueled by the inability of university-managed accommodation to keep pace with student numbers, and a more discerning and affluent student population.

A chart by Cushman & Wakefiled on the growth of studio bed spaces from 2014- 2017. Image: Cushman & Wakefield UK Student ccommodation Report.
A chart by Cushman & Wakefiled on the growth of studio bed spaces from 2014- 2017. Image: Cushman & Wakefield UK Student ccommodation Report.

UK universities continue to recruit an increasing number of students from outside the UK, with EU students growing by 48% and international students by 70% over the last decade. There are now over 397,000 students from outside the UK, making up nearly one quarter, or 23% of the student population.

Dan Gandesha, founder of investment platform Property Partner, said that during tough economic cycles where it’s harder to secure a job, people are more likely to go to university and extend their studies. This, he said, increases demand and while the number of places does not spike, it does help underpin the demand for student property.

“Having those counter-cyclical characteristics is quite unusual for an investment class. It’s very different to (other) commercial property. Residential property to some extent isn’t affected in the same way, but it doesn’t have the same attributes of student property, whereby the numbers and the demand go up (in a downturn),” Gandesha added.

 

UK student property hotspots

To get the best returns, investors of UK student property should pay attention to cities where universities have plans to grow and relocate campuses, as well as look at cities where the supply and demand balance is favourable. Better value investments can be found in historic and emerging regional locations that have good quality infrastructure and institutions with excellent track-records in education.

For instance, the University of Bristol is planning to invest £300m over the next five years in its brand-new Temple Meads campus, which will be able to accommodate an additional 5,000 students, boosting the demand for student property in the city.

Liverpool’s £2bn vision to establish a 450-acre Knowledge Quarter will further reinforce its status as one of the best student cities in the world. The Knowledge Quarter will encompass Liverpool John Moores University, the University of Liverpool, Liverpool School of Tropical Medicine, Liverpool Science Park, the new Royal Liverpool University Hospital, and will transform the area into one of the world’s leading innovation districts. These new innovations will prove to be a draw to students and working adults alike, fueling opportunities for investors of buy-to-let and purpose built student accommodation.

Birmingham has seen a record rise in the supply of student last year and is now home to 21,000 bed spaces, according to Cushman & Wakefield’s UK Student Accommodation Report. Birmingham is second-largest student city in the country after London, with a student population of around 65,000. The University of Birmingham, Birmingham City University, Aston University, University College London and Newman University are all situated in the city, keeping demand for student accommodation high.

With a current demand ratio of 1 student to 3 beds, UK student property is poised to remain a top investment asset class in the commercial property sector for some time to come. The counter-cyclical nature of this unique asset class, coupled with the UK’s world class education system (and the currently lower pound due to Brexit) will keep the flow of international students coming.

Source:

https://www.buyassociation.co.uk/2018/02/20/purpose-built-student-blocks-can-provide-healthy-returns-investors/

https://realassets.ipe.com/real-estate/sectors/alternatives/student-housing-market-revision/10018850.article

Cushman & Wakefield UK Student Accommodation Report

https://resources.propertypartner.co/invest-purpose-built-student-accommodation/

By Ian Choong

CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and commercial property including student accommodation and carehomes, in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc) and Australia (Melbourne, Perth, Brisbane). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260