On behalf of the developer, we bring you updates as of August 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.
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 (MY); +65 3163 8343 (SG)
Today marks Pakatan Harapan’s 100th day in power since the political earthquake that shook Malaysia — the 14th General Election.
The pressing question is whether the nascent government has delivered on its word and lived up to the expectations of Malaysian voters thus far.
The last three months for Pakatan has been like a walk on the proverbial tightrope, with the coalition struggling to deal with the threat of bailing investors and a sovereign downgrade, and a national fiscal debt that has turned out to be more critical than expected.
A survey carried out by the Merdeka Centre earlier this month (August 2018), found that Malaysian citizens were largely satisfied with Pakatan Harapan ministers, but with some concerns about the economy, and racial and religious rights.
As part of its election manifesto, the government had pledged to deliver 10 promises in 100 days, but not all of these promises have been fulfilled.
Tun Dr Mahathir Mohamad, the Prime Minister, said that the reason behind the government’s inability to fulfil the 10 promises was because they had to prioritise other important matters.
“The government’s focus is not only on the 10 promises in 100 days, the government has a lot of work to do and this includes ‘cleaning up’ the government which was tainted with corrupt practices and abuse of power during the past administration,” he said.
Harapan Tracker, a website which monitors the government’s performance, gave Pakatan a score of 45%, a cumulative average from its two scores of “the letter of the promise” (30%) and “the spirit of the promise” (60%).
Housing Not Part of 100-day Pledge
The housing sector, in particular, was not included in Pakatan’s list of 100-day promises.
Many Malaysians are concerned about housing, and rightly so. There has been a glut of high-end residential property and a scarcity of affordable housing in the country — an imbalance that has caused many Malaysians, especially those from the bottom 40% of income earners (B40), to be unable to afford their own homes.
Pakatan’s 10 pledges to be achieved in 100 days
Dr Carmelo Ferlito, an economist with the Institute for Democracy and Economic Affairs (Ideas) said the spectacular growth of the high-end property segment was ignited by rising profit expectations, growing demand and easy credit conditions.
“The mix of elements generated a bubble which reached its peak between 2012 and 2013.”
Zuraida Kamaruddin, the new Housing Minister, has embarked on a consolidation of all affordable housing projects under the Ministry in an effort to streamline the building of affordable homes. Certain projects like the 1Malaysia Housing Programme (PR1MA) were previously placed under the Prime Minister’s Department.
The new National Affordable Housing Council is expected to begin its work this month (August 2018) once papers regarding its set-up are finalised by the Cabinet. The council will monitor the construction of affordable housing, coordinate databases and implement a self-renting scheme for the B40 and M40 (middle 40% of income earners) groups nationwide.
Ms Zuraida also plans to set up a one-stop online platform for affordable housing that would enable buyers to submit an application online, and find out their approval status within days.
In an effort to further bring down the price of housing in Malaysia, Finance Minister Lim Guan Eng announced that building materials and construction services will be exempted from the upcoming Sales and Service Tax (SST). The SST is set to kick in on Sept 1.
Under the previous Goods and Services Tax (GST) regime, building materials and construction services were subjected to a 6% tax. However, players in the construction industry are not optimistic that the tax exemption will impact house prices significantly.
Datuk Steve Chong, chairman of the Real Estate and Housing Developers’ Association (Rehda) in Johor, thinks that the exemption is insufficient to bring down the prices of homes.
“We believe that the savings is too small to be passed on to homebuyers which will not in any way translate to a significantly lower price for homes in future,” he said.
Malaysian Institute of Architects (PAM) president Ezumi Ismail added that raw materials only accounted for less than a third of the total development cost, and other factors contributed to high housing prices.
“The rest … would consist of the cost to purchase the land and other compliance charges that come with the building the houses or units. SST may reduce the house prices but it may not be much.
“Some projects require the developers to construct basic infrastructure and facilities that are supposed to be built by utility companies. The added cost would then be (pushed) back (to) the consumers. It would be better if the authorities come up with a building master plan that could address these issues,” he added.
A new National Housing Policy is expected to be announced in September with a considerable number of changes, one of which includes the rental-tenancy market.
The rising supply of residential properties, particularly condominium and apartment units, has caused rentals to continue to drop in Kuala Lumpur.
Previndran Singhe, CEO of Zerin Properties said, “It is a tenant market right now as they have plenty of choices. There have been drops in rental in KL, generally around 10%.”
“Some owners have to reduce their rents because their units are already old and they will not be able to compete (with newer properties) if they don’t upgrade their homes.”
Silver Lining
There isa silver lining in sight. Yet, it may be a long while before housing issues are fully addressed in the country. Until then, what stands to remain is the loftiness of house prices in prime areas like the Klang Valley and Penang — and to a certain extent, Johor Bahru — which will impact not just first home buyers, but also local property investors.
With economists slashing economic growth forecasts due to weak economic data (ahead of Bank Negara Malaysia’s release of GDP 2Q2018 figures), and potentially more fiscal tremors ahead, a single 5-year term may not be enough for the government to make the changes it wants to.
Investors should continue to maintain a wait-and-see stance before embarking on investment-related decisions in the local property market or, alternatively, look beyond Malaysian shores. Virata T of CSI Prop says that investors can still get good returns on properties in countries abroad.
“With rental yields dropping locally, investors wanting to invest in property could look overseas to get better returns on investments. There is a rising interest among Malaysian investors for this type of investment,” he said.
“Up-and-coming cities in countries with a stable economy like the UK and Australia, are particularly attractive as they provide good returns while reducing investors’ exposure to economic risk.”
What do you think of Pakatan’s performance so far? Leave us a comment below!
If you are curious about investing overseas and the returns you can obtain thanks to low vacancy rates, call (+65) 3163 8343 (Singapore), 016-228 8691/ 9150 (Malaysia), or email us at info@csiprop.com!
The Bank of England raised interest rates for the second time in under a year. What does this signal and how will it affect the UK housing market?
The Bank of England (BOE) has raised interest rates to 0.75%.
The hike was the second since the 2008 financial crisis. Last November it rose to 0.5% from 0.25%, the first time in almost a decade.
The BOE Monetary Policy Committee, which decides interest rates, voted unanimously for an increase in rates following positive economic growth and an encouraging labour market.
BOE Governor Mark Carney told reporters that economic growth rebounded in the second quarter, after a slight slowdown at the start of the year.
The bank’s forecasts show that consumer price rises could reach 2.2% in 2019 and 2.1% in 2020.
The BOE is likely to increase rates further if its forecasts prove right. Any future rise in rates, however, is likely to be at a gradual pace and to a limited extent.
This points to continued stability in the real estate market.
Andrew Burrell, JLL EMEA Head of Forecasting, says: “The (rate) rise has been largely priced in and is not expected to have major impact on real estate markets.” He observes that there will be more pressure on yields from market rates eventually.
Despite the rate hike, returns from real estate continue to remain attractive when compared to other asset classes.
Working in favour of the UK real estate market is the employment rate and stable consumer confidence, as well as the OECD predictions of global GDP growth at 3.8% for this year.
Sterling set to rise?
The falling pound dropped to its lowest level against the euro in nearly a year last week on 9 Aug, but edged higher against the Euro to 1.12 this week (as of 16 Aug).
Sterling’s fall against the Euro and the Dollar (Source: BBC)
Stabilization of the pound could be due to the rate hike, which usually pushes up its value, and news reports detailing the potential for a concession being put on the table by the EU in the ongoing round of Brexit negotiations.
Some member states are reportedly ready to allow Britain to remain in the single market for goods while opting out of the free movement of persons. The trade-off is that the UK replicates all new EU environmental, social and customs rules in addition to those set out in Theresa May’s Chequers proposal.
This marks the first major divergence between the European Council, which is made up of leaders from member states — and the European Commission. The concessions will be discussed at a meeting of leaders from both sides in Salzburg this September.
The currently weak pound provides foreign investors with a window of opportunity to buy into UK property and obtain good returns.
Jeremy Stretch, head of FX strategy at Canadian Imperial Bank of Commerce said the pound typically underperformed during the August holiday period. CIBC had tracked the pound’s performance on a monthly basis over the last 15 years.
Following this trend, foreign investors who are interested in UK property may want to consider entering the market now before the pound starts to rise again.
On behalf of the developer, we provide you with the latest updates as of July 2018 from the One Wolstenholme Square construction site. 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!
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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.
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 (MY) 3163 8343 (SG)
On behalf of the developer, we provide you with the latest updates as of July 2018 from the Aura construction site. 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.
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 (MY) 3163 8343 (SG)
As the world progresses into a new era and populations grow, cities, too, will evolve, transforming from nondescript outer suburbs into big capital cities, like Manchester, Liverpool, Birmingham – even Kuala Lumpur. Infrastructural growth is the main catalyst for the changes that attract migrants, causing an increment in population numbers. Thus, small cities become capital cities.
In the UK, some of the most exciting cities today in terms of population, job and infrastructural growth are Birmingham, Liverpool and Manchester.
Research compiled by Centre for Cities cites Birmingham as the second fastest growing city after Liverpool from 2002 – 2015, increasing from 9,800 to 25,800 people — 7 times faster than London over the same period. This is impressive, given how London had completely eclipsed Birmingham in the past. How the tides have changed!
Knight Frank reports that the number of people living in Birmingham will rise by 171,000 to a total of 1.3 million people by 2039, especially with the expansion of the HS2 high-speed rail line being built in central Birmingham and nearby Solihull, followed by other regeneration projects. A sweet enticement to new investors indeed.
Birmingham: One of the Best Performing Cities in England & Wales
In the face of this renaissance, this booming city, also fondly known as “The City of A Thousand Trades” maintains its status as the heartland for British industry. The growth of the motor car as well as manufacturing continues to support the industrial sector in England and Wales, creating more job opportunities and attracting more people — many of whom have relocated from London.
Between 1998 and 2015, job growth in Birmingham hit 30%, representing around 30,600 jobs in total.
Biggest Growth in City Centre Population & Jobs in England and Wales
Rank
City
Population growth in city centre (2002-2015)
Jobs growth in city centre (1998-2015)
1
Manchester
149%
84%
2
Leeds
151%
34%
3
Birmingham
162%
30%
4
Liverpool
181%
27%
5
Milton Keynes
110%
52%
6
Bristol
86%
41%
7
Newcastle
112%
29%
8
Cardiff
86%
19%
9
Brighton
38%
31%
10
Norwich
57%
16%
20
London
22%
71%
Source: BirminghamLive
However, despite the massive development and job growth, Birmingham is facing a shortage of housing. Between 2011 and 2016, only an estimated 8,000 new houses were built, whereas the actual demand was around 20,000.
The latest data by Hometrack shows that Birmingham is at the third place of house price growth in England, after Manchester and Liverpool, whilst London remains at the bottom.
Manchester clinched top spot at 7.4% growth, followed by Liverpool at 7.2%, and Birmingham at 6.8%. London stayed somewhat flat at only 0.7%.
The average price in Birmingham was at £161,200, slightly lower than Manchester at £166,100, and Liverpool, at £121,900.While price growth in London has been static, house prices there are more than double the national average at £494,800!
Source: Hometrack
Clearly, cities in the Northwest received high capital gains over the last 12 months, yet there is still much room for growth.
Source: Hometrack
The outlook for the housing market in Birmingham appears rosy, thanks to its economic growth thus far.
The region’s strong performance is mainly attributed to its manufacturing sector. In 2016, manufacturing made up 11% of employment in Birmingham, compared to the average for UK cities of 8.8%.
Due to costly house prices, as well as lesser employment opportunities, many Londoners, especially millennials, are relocating to Birmingham, and the other booming cities of Manchester and, Liverpool .
Ultimately, urban regeneration has played a vital part in these cities’ transformations, influencing the movement of millennials towards greater opportunities such as education, jobs and employment options.
Savvy investors are starting to see the opportunities in store for Birmingham. Are you an investor? Are you thinking of making your money work for you? Then you don’t want to miss out. Call us at 03-2162 2260 or (65) 3163 8343.
By Noorasikin Ali
Additions & Edits by Vivienne Pal
Victoria, for the first time ever, has finally overtaken New South Wales (NSW) as Australia’s strongest economy, according to CommSec’s latest State of the States report.
CommSec (Commonwealth Securities) is Australia’s largest online stockbroking firm operated by the Commonwealth Bank of Australia. Each quarter, it releases its State of the States report, which is an economic performance report of Australia’s states and territories. The report covers eight major economic indicators including population, employment, housing, investment, and construction.
Victoria has never owned the top spot in the report’s nine-year history until now, thanks to strong population growth numbers which have been instrumental in driving construction activity. The state currently ranks first in economic growth, dwelling starts and construction work done. In economic growth, Victoria is ahead at 26.5%, followed by NSW at 25.7% and Northern Territory at 25.6%, while Western Australia remains in the last place by 7.6%.
NSW, long standing at the top spot for economic growth in the last four years, slipped to second place due to declines in a number of housing indicators.
Figure shows the percentage of economic growth by state in Australia. Source: CommSec
The gap between the two states, however, remains narrow, leading to the possibility of a change in positions over the next 12 months, said CommSec’s chief economist Craig James.
In terms of population growth, Victoria maintains its position as the clear winner, having toppled other states since 2015. Victoria currently holds a population growth rate of a cool 2.3% above the Australian Capital Territory (ACT) at 2.15% and Queensland at 1.67%.
Meanwhile, the Northern Territory has the lowest population growth at 0.23%.
Victoria is poised to remain in the lead for population growth with research predicting that population figures will reach approximately 6.26 million in 2018.
Victoria claims the highest population growth for the 4th time. Source: CommSec
High population growth will continue to drive the broader economy — by fuelling retail spending and housing demand.
Thus, Victoria’s meteoric population growth will continue to spur Melbourne on as it maintains its credentials as Australia’s “most attractive city” due to stronger rental growth supported by tight vacancy.
As it is, Melbourne — Victoria’s capital city — is predicted to have a swell in population due to its huge student population and migration. In 2016, the Australian Bureau of Statistics (ABS) reported Melbourne as having the most epic population growth of any Australian city, making up almost a third of Australia’s population growth. The contrast is quite significant, with 2.4% in Melbourne compared to 1.2% in the rest of Australia.
With the current undersupply of housing, and demand driving prices, it appears that Melbourne will continue to remain, for some time to come, Australia’s Most Attractive City for global property players in the Asia Pac region.
Looking to purchase a property in Melbourne City? Hit us up — we’ve got limited stock of one of the best residences in one of the most coveted locations in the city. Or, just connect with us to find out more!
By Noorasikin Ali
Additions & Edits by Vivienne Pal
On behalf of the developer, we present to you the latest updates as of July 2018 from the Q Studios construction site in Stoke-on-Trent. Kindly click on the image below to access and flip through the update.
FLASHBACK: Q Studios
Fulfilling Students’ Needs
Q Studios is situated in the Hartshill area, with its wide variety of shops and services. It is Stoke-on-Trent’s brand new 300-apartment purpose built student property set within a beautifully landscaped courtyard, ideally situated between two established universities. It also sits opposite an upcoming student village development and directly adjacent to the brand new £282 million University Quarter.
With only 7% access to purpose built student en-suites citywide, demand is assured for these highly sought-after studio apartments. Indeed, only 21% of the city’s growing student population currently have access to any form of Purpose Built Student Accommodation – including university halls.
Each studio is completely self-contained, with an open plan living space that includes both study and social areas, as well as a double bed and fully-equipped kitchen. The en-suite bathroom contains a cubicle shower, wash basin and toilet. Priced from £69,950.
Investment Highlights
10% nett fixed yields
Assured 10 years
10 years structural warranty
10 mins walk to University of Staffordshire & University Quarter
8 mins walk to Stoke-on-Trent Railway Station
Critical undersupply of student rooms (including university halls)
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.
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 (MY) 3163 8343 (SG)
On behalf of the developer, we bring you updates as of July 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.
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 (MY) 3163 8343 (SG)
Excitement was the order of the day as the CSI PROP Investor Club combined an educational and advanced session on UK property taxes together with a screening of the FIFA World Cup Finals on July 15.
In keeping with our theme of Gila Bola, CSI PROP served an ambrosial mamak-style spread featuring roti canai and thosai cooked a-la-minute and made extra fragrant with generous drizzles of ghee.
Thosai and roti canai made with love and generous drizzles of ghee
The other delightful dishes of belacan fried rice, roti jala, dhall curry and mutton Myrose Rajah were a real treat, too!
More to fill those empty stomachs
While the guests filled their bellies, CSI PROP director, Virata Thaivasigamony took the stage to deliver a formal welcome and share about the investment outlook in the UK and Australia for the year. He spoke about how property in the various cities in which our projects are located had performed over the past year, particularly the regional UK cities, which saw good growth values. Melbourne also performed well, superseding all other Australian cities.
Special welcoming speech from CSI PROP director
Guests had the chance to win exciting prizes in the Lucky Draw, which comprised a 3D2N stay at Pangkor Laut Resort, return flight ticket to London, afternoon tea at The Majestic Kuala Lumpur and the official World Cup Ball. (Adidas Telstar 18) and.
Lucky winners for the Lucky Draw
Knowledge — as much as Having Fun — is an important part of the CSI PROP mission. Richard Jepson, our special guest speaker from Adams and Moore Tax Consultancy Ltd, flew in from the UK to talk about Advanced Strategies for UK Tax as well as Basic Tax Filing It was indeed a pleasurable sharing session by someone who has been in the industry for over 15 years.
Sharing session from our special guest speaker, Richard Jepson
Richard highlighted few components of the UK tax system, as well as the investment vehicles that investors can employ in buying, renting and selling their investment properties. As a bonus, he also stressed on the top three things that savvy UK property investors can do to manage their UK taxes. These are important as a guide for those who want to invest in the UK property market.
To add to the excitement and joy of the atmosphere, we held a thrilling foosball competition for our sporting guests. The grand prize was a pair of return flight tickets to Melbourne, whilst our runner-ups won Adidas Telstar 18 Glider balls.
Excitement was in the air as guests sportingly participated in the CSI PROP Investor Club foosball competition.
The mini foosball tournament was based on actual World Cup 2018 matches, complete with quarter-final, semi-final and final rounds. Each team comprised two people representing the 16 countries that qualified for the World Cup.
The CSI PROP Investor Club event ended with alive screening of the World Cup 2018 finals between France and Croatia on a huge high-definition LED screen. Shouts of excitement and frustration reverberated across the hall as our high-spirited guests supported their preferred teams.
The night ended on a high note — certainly, it served as a perfect precursor to our next Investor Club this September. Stay tuned for yet another fun-filled and memorable experience!
Don’t you wish you were there watching the World Cup Finals with us? If you’d like to get started on high-yield, low-risk property investments overseas and be a part of our ever-growing group of savvy investors, give us a call at 03-2162 2260, or email us at info@csiprop.com.
