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Investor Club for March 2018 – Shanghai Noon

Bringing attendees back through time and space to the Shanghai 70s

Last Saturday afternoon, CSI PROP had our first Investor Club event of 2018 right here at our very own Cornerstone IPC hall in Kuala Lumpur. CSI PROP holds these club events regularly as a show of appreciation for the support of our investors. And, for this year, we have planned a total of five exciting events for our clients!

The theme last weekend was “Shanghai Noon” and our hall was suitably decked in the striking colours of black and red. There were lanterns, antique furniture, and even a rickshaw! Anyone who walked in would be filled with a sense of nostalgia and the feel of the Orient, bringing them back in time and space to Shanghai in the 70s.

Attendees hard at work completing their Chinese zodiac animals

Attendees were treated to a sumptuous Chinese buffet, complete with some freshly steamed dim sum. These proved pretty popular and were the first things on the menu to finish!

Once everyone’s bellies were filled, it was time for a round of games to break the ice. Each table was given a set of questions to complete. Guests of the fastest table to complete the task were rewarded with an exclusive Moleskine notebook worth RM130 each.

CSI PROP director Virata Thaivasigamony then took the stage to formally welcome our guests and share about the investment outlook in UK and Australia for the year. He talked about how property in the various cities we market had performed over the past year, particularly the regional UK cities, which saw significant growth values. Melbourne, another focus market of ours, also performed well, outdoing all other Australian capital cities.

Comedians Chi Ho and Aaron giving the audiences fits of laughter

Comedians Phoon Chi Ho and Aaron Aw, the stars of the day, came up to tickle us pink with jokes and wit about the political and social aspects of Malaysia. The audience had a blast with their ingenuity and charisma, and laughter resounded throughout the hall.

Attendees getting their dose of humor for the day

The Investor Club event ended on a high note with a Lucky Draw, which came as a pleasant surprise for the lucky winners. We gave away a sophisticated Sports Smart Watch from Xiaomi, a car dashboard camera from Philips, a Car Multi-Tool for use in emergencies, and shopping vouchers from IKEA and Isetan.

All-smiles for our grand prize Lucky Draw winner

Our next Investor Club will be coming this May, and we hope to see our investors there for more great, fun-filled entertainment and delicious food!

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

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Celebrating Women on #IWD2018

Women are amazing, men are amazing — catch my drift when I say that both can be equally amazing?  And that’s it, that’s what International Women’s Day is all about.

General appreciation of all women in all their beautiful, varied existence may be enough for some, but, for those who seek more, this is for you: in this article, we will be narrowing the scope of admiration to recognize some of the most impactful women in England and Australia’s rich history in multiple fields. Here we go:

Boudica is a queen of the British Celtic Iceni tribe who led an uprising against the occupying forces of the Roman Empire around AD 61. Image taken from BBC.
  1. Boudica – What better way to begin the list than with one of England’s oldest heroes, Boudica. Boudica was a queen of the British Celtic Iceni tribe who led an uprising against the occupying forces of the Roman Empire around AD 61. Boudica and her daughters drove round in her chariot to all her tribes before the battle, exhorting them to be brave. It is said that she asked her tribe to consider: ‘Win the battle or perish: that is what I, a woman will do; you men can live on in slavery if that’s what you want. Boudica and her daughters were commemorated by constructing a bronze structural group near the Houses of Parliament in Westminster, UK.
Fanny Cochrane Smith made the only recordings in existence of Tasmanian Aboriginal song on wax cylinders which are held in the Tasmanian Museum and Art Gallery. Image taken from abc.net.au
  1. Fanny Cochrane Smith – Smith is an important figure for Tasmania, Australia. Despite being partly raised in orphanages and institutions, Smith continued to return to her family and to hunt, gather bush foods and medicines, make baskets, dive for shellfish and carry out Aboriginal observances for the rest of her life. Proud and vocal about her heritage as one of the Pakana people, in 1899 and 1903 she made the only recordings in existence of Tasmanian Aboriginal song on wax cylinders which are held in the Tasmanian Museum and Art Gallery.
Rosalind Franklin, an English chemist, played a fundamental role in the discovery of the structure of DNA, RNA, coal and viruses in the 1950s. Image taken from youtube.
  1. Rosalind Franklin – Franklin, an English chemist, played a fundamental role in the discovery of the structure of DNA, RNA, coal and viruses in the 1950s. Her discovery of the double-helix structure of the DNA proved invaluable to the work of Francis Crick and James Watson who were awarded – along with Maurice Wilkins – a joint Nobel Prize for describing the structure of DNA. The controversial exclusion of Franklin in the award continues to be corrected by the people of today by naming a university after her, hosting a string of events in her name and by raising her plaque in Cambridge’s Eagle Hub.
Dr. Blackburn helped enhance the understanding of the DNA by discovering the genetic enzyme ‘telomerase’. Image taken from TED blog
  1. Dr. Elizabeth Blackburn – Still on the topic of DNA, Australian scientist Dr. Blackburn helped enhance the understanding of the DNA by discovering the genetic enzyme ‘telomerase’. Blackburn isolated and precisely described telomeres in 1978. For her incredible contribution to molecular biology, she earned the Nobel Peace Prize in Physiology or Medicine alongside two other scientists. Dr. Blackburn continues to be recognized for her achievements, with a lengthy list of awards and presidentship.
In her later years, Audrey Hepburn worked tirelessly to raise support for UNICEF’s programs and increase public awareness of the challenges facing the world’s children. Image taken from Unicef
  1. Audrey Hepburn –  The English actress was initially acclaimed for her contributions to the film industry post-World War II, with her illustrious career earning her a rank by the American Film Institute as the third-greatest female screen legend in Golden Age Hollywood — Princess Anne and Holly Golightly undoubtedly perpetuated the next era of free-spirited female characters. In her later years, Hepburn branched out into humanitarian work, for which she received a Jean Hersholt Humanitarian award. In addition to over 50 trips to Third World countries, Hepburn worked tirelessly to raise support for UNICEF’s programs and increase public awareness of the challenges facing the world’s children. To commemorate the starlet with a big heart, UNICEF decided to build a bronze sculpture of named The Spirit of Audrey.
Kate Winslet is an award-winning Australian actress who has inspired many girls around the world for her portrayals of quick-witted, strong women. Image taken from Irish Examiner
  1. Kate Winslet – Like Hepburn, this Australian actress inspired many girls around the world for her portrayals of quick-witted, strong women. In 2016, following her win for Best Actress in a Supporting Role at the BAFTA awards, Winslet shared a heartfelt message: “Any young woman who has ever been put down by a teacher, or a friend, or even a parent, just don’t listen to any of it, because that’s what I did.” The actress has won too many awards to mention, and continues to contribute to the film industry.
Martha Lane Fox, a dotcom pioneer, is a hugely successful businesswoman, philanthropist and public servant. Image taken from design council dot org dot uk.
  1. Martha Lane Fox – Jumping into more current figures with financial game is British business woman, Martha Lane Fox. A dotcom pioneer, having started lastminute.com in 1997 with fellow business mogul Brent Hoberman CBE, which the duo later sold for £577m, Lane Fox is a hugely successful businesswoman, philanthropist and public servant. She sits on the board of some of the country’s most prominent brands, including Marks & Spencer and Channel 4, and has made significant contributions to the government’s digital agenda.
Jane Cay launched an online store in 2009 and now employs 140 staff. Her workforce is 95% female and a lot of staff work flexibly and part time to fit around school hours and other commitments. Image taken from UNSW Business School.
  1.  Jane Cay – Cay, founder of Birdsnest, an online fashion retail shop, is one of Australia’s most successful entrepreneurs. Birdsnest started out as a little clothes store in Cooma’s high street in New South Wales in 2004. The former information technology worker launched an online store in 2009 and now employs 140 staff. Her workforce is 95% female and a lot of staff work flexibly and part time to fit around school hours and other commitments.After being interviewed by a member of the Sydney Morning Herald, Cay revealed: “You don’t have to be the smartest or the strongest, as long as you keep being adaptable to change and evolving you can survive and thrive. I always had something that held me back and I thought ‘I’m not the smartest in my class, can I really start a business on my own?’. It was just a case of realising you just have to try it. That’s been the biggest comfort on my journey when you feel like you are winging it.”

This concludes our the list of impactful women from the UK and Australia. As a final word, did you know that an analysis by Quantopian hedge-fund researcher Karen Rubin showed that women CEOs outperform peers in the S&P 500 by three to one, further developing the conversation over women driving top financial returns. To find out more about women being at the top of the financial game, check this out: https://csiprop.com/investing-women-do-it-better/.

If this list inspires you to learn about more influential women, the internet is yours to discover! Or share with us who the most influential woman in your life is in the comments below! Happy International Women’s Day!

By Nimue Wafiya

Source:

http://fortune.com/2015/03/03/women-led-companies-perform-three-times-better-than-the-sp-500/

csiprop.com/investing-women-do-it-better/

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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Australia House Prices Stabilizing?

House prices across Australia have stabilized during the past week after months of falling.
Prices in Melbourne and Sydney have remained unchanged this week. For the last month prices in Melbourne dropped by 0.1% and Sydney by 0.6%. Image source: Business Insider dot com dot au

House prices across Australia seem to have stabilized after months of falling, with prices in Melbourne and Sydney remaining relatively unchanged this week. For the last month, prices in Melbourne dropped by 0.1% and Sydney, by 0.6%.

Nationally, housing values have fallen 0.8% since September 2016. On a yearly basis, price growth in Melbourne remains strong at an increase of 6.9%, but muted from the previous year. Sydney, however, registered a decrease of 0.3%.

CoreLogic’s head of research Tim Lawless said this was fuelled by tighter credit policies particularly focused on investment and interest-only lending, which reduced demand from that part of the market.

“We think there is already evidence that the slowdown in house prices is stabilising,” said David Plank, Head of Australian Economics at ANZ Bank.

“Base effects mean the annual house price figures will continue to slow for a while yet even if monthly prices are stabilising, but we would caution against focusing on the annual change over the seasonally adjusted monthly move as it will mean that turning points are missed.”

Could this week’s price stabilization indicate a turning point for the housing market?

Australia House Prices: housing undersupply vs population growth

According to data released by the Australian Bureau of Statistics (ABS) last June, Australia’s residential population soared by 389,100, or 1.6%, to more than 24 million persons in the year to March, the fastest increase since 2014. However there was a 3.3% decline in residential construction, with the last quarter of 2017 recording a 0.7% decline.

New-build apartments like the upcoming Palladium Tower in Southbank, are being constructed to address the severe lack of housing in Melbourne.

Palladium Tower is strategically located in the Melbourne CBD area, right next to Fishermans Bend, Australia’s largest urban renewal project covering 485 hectares in the heart of Melbourne. By 2050, the area is expected to provide housing for up to 80,000 people, and employment for 40,000.

AMP Capital’s Shane Oliver told The New Daily that while Australia was near equality in construction versus population growth, for the most part, yet the last decade of construction had failed to keep up with Australia’s record population growth.

Commsec Senior Economist Ryan Felsman said, “If you look at Melbourne there’s 120,000 people moving to it per annum, but only 75,000 houses being built,”

Last year, the Urban Development Institute of Australia warned that Victoria could have a shortfall of 50,000 houses by 2020. ABS figures released in June show the state gained 144,400 to 6.3 million persons, a 2.3% increase compared to the previous year at 2.1%.

All the signs point to increased demand in the face of short supply over the next few years, especially in places like Melbourne where yearly price and rental rises have been consistent. With construction of new housing unable to match demand for the foreseeable future, opportunities continue to abound for the investor. 

By Ian Choong

Source:

https://www.businessinsider.com.au/australia-house-prices-steady-as-clearance-rates-lift-2018-2

https://www.businessinsider.com.au/australia-house-price-outlook-supply-and-demand-factors-2018-2

https://thenewdaily.com.au/money/property/2018/02/24/australia-not-building-enough-future/

http://www.abs.gov.au/ausstats/abs@.nsf/0/13ABDBADFD4D140ACA2568A9001393D7?Opendocument

csiprop.com/melbourne-property-is-fastest-selling-in-australia/

csiprop.com/australia-faces-major-housing-undersupply/

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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Investing: Women Do It Better!

Fidelity Investments, an American financial services company based in Boston, has data proving that women are superior investors.

As surprising as it might sound and contrary to stereotypical belief, women are far superior when it comes to property investment. No, really — women are better investors. 

And we’re not making this up: Fidelity Investments, an American financial services company based in Boston, has the data to prove it.

To be clear, investing is not just about the smarts; it’s also about how careful one is with one’s hard-earned money. Fidelity Investments’ data, which is based on more than eight million investment accounts, revealed that women not only save more than men (0.4%); their investments earn more annually, too (0.4%).

While 0.4% might seem negligible, a report by Reuters published in 2017 revealed that, if calculated over a lifetime of savings and investment, there is a significant disparity at retirement age between men and women.

Vicky How, an entrepreneur, couldn’t agree more. How made her first property investment at the young age of 24 and, today, runs Propedia Consultancy, a property firm in Kuala Lumpur.

“You don’t have to be smart to be an investor. You have to be calculative and, this, women are,” she said, adding that it is a myth that men are better at investing, and that women are typically conditioned to believe that they are ‘not smart enough’ to invest, thus leaving the investing to the men. She also advises women to start investing in property as early as they can.

Virata Thaivasigamony, spokesperson and director of CSI Prop, a property investment consultancy in Kuala Lumpur, said that more men are beginning to value their wives’ opinions in investment matters.

“Men are beginning to value women’s opinions even more in matters like investment because women tend to be more cautious and detailed in their approach, and that is a good counterbalance to the more ‘aggressive’ approach that men have. We see this happening with our clients very often — many of them make the decision to invest only after discussing with their spouses,” Virata said.

“The traditional roles of men only bringing in the bacon and women managing the home and kids, no longer apply today. So many women are out there in the forefront, in positions of leadership. Women are very capable and it’s amazing that more platforms have emerged for them to showcase their leadership and talents,” he added.

Tomorrow is International Women’s Day! Do you know an amazing, talented woman? Let her know what you think of her, or share it with us in the comments below!

Big on social media? Then use the #PressforProgress hashtag to motivate and unite friends, colleagues and whole communities to think, act and be gender inclusive.

Happy International Women’s Day in advance to all women in the world. Remember to wear purple! Women rock!

By Marzatul Ruslan

Source:

https://www.thestar.com.my/news/nation/2018/03/06/women-make-superior-investors/

https://www.internationalwomensday.com/Activity/11302/Take-ownership-of-purple-in-2018-Violet-is-Pantone-Color-of-the-Year

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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Oscars 2018: The UK Proves Itself Again

The 2018 Oscars was, in its own way, an homage to British history and talent, following the announcement of several British winners.

For as long as you and I have been alive, the UK has been a superpower. The expanding crosses of the Union Jack seem to be mirrored by Britain’s far-reaching hands of success into pretty much every industry: education, manufacturing, culture, fashion and more. And, if the 90th Academy Awards is anything to go by, then Britain’s film industry has surely demonstrated its triumph in the form of several golden statuettes.

The 2018 Oscars was, in its own way, an homage to British history and talent, following the announcement of several British winners.

Dunkirk, Christopher Nolan’s depiction of the Dunkirk evacuation in World War II, managed to scoop three out of seven awards it was nominated for, which are Best Film Editing, Best Sound Editing and Best Sound Mixing.

Following in Dunkirk’s success is Darkest Hour, a British war drama regarding Winston Churchill’s account of his early days as Prime Minister during World War II. For this, English actor Gary Oldman won Best Actor in a Leading Role for his portrayal of Winston Churchill while Kazuhiro Tsuji took the award for Best Makeup and Hairstyling.

Phantom Thread, a film set in the glamour of the 1950’s British fashion scene, most deservingly received Best Costume Design while The Silent Child, a British short film, took the award for Best Short Film (Live Action).

Oscars 2018 Proves UK is Home to Great Talent 

The Oscars this time around, most definitely proved the UK is home to many talented artists and a thriving film industry — Christopher Nolan, director of Dunkirk amongst many other famous movies, revealed in Total Film that he was adamant that all of the cast be British for Dunkirk, which, evidently, worked out well in terms of film success and historical accuracy. Nolan himself was raised in Westminster, UK, crediting his own trip across the channel to Dunkirk and his knowledge of Britain’s rich history, for inspiring him to make the film.

Inspiration for the Darkest Hour came quite the same way, with the film’s equally decorated English director, Joe Wright being enamoured by Winston Churchill, and his interesting leadership qualities.

It goes without saying how important the filming locations were in bringing historical movies such as the Darkest Hour to life. Manchester, the second largest city in the UK, was featured heavily in the movie. Permission to film in Manchester Town Hall and John Rylands Library in the University of Manchester, which doubled for a World War II-era House of Parliament, provided the crew of the Darkest Hour the perfect solution to their location hunt.

Location manager Joe Cairns, explains, “We were met with such a warm welcome and the ease of filming at both busy city centre locations made the production’s experience in Manchester an extremely positive one. To now have Screen Manchester, which is the dedicated film office for the City of Manchester, further develops the city’s strong commitment to supporting film & TV production and the clear understanding of the huge investment it can add to the local economy.”

Screen Manchester was recently established as the city’s official film office, to support location filming in the area. Along with Manchester’s brand new film office are many other film offices and studios spread out across the country, proving that the UK has a good eye for spotting industries that provide great returns.

Not surprisingly, Manchester is home to the fastest-growing creative industry in the UK outside London, with some 48,515 people working in industries such as design, film and TV, publishing and architecture. Many defining achievements in science and technology come from Manchester, too. It is where the world’s first IVF baby was conceived, where they split the atom and isolated graphene.

Manchester’s staggering development makes it an attractive place for investors looking for the next big thing to invest in. With all this economic progress happening in Manchester (and most of the UK, as proven with a little more research) one would be regretful not to take a look at the UK’s booming property market following high demand for more housing spaces. Should your interests extend beyond the Oscars and into real estate, please feel free to contact us. We can definitely help you with that!

What did you think about the Oscars 2018? Do you agree that the UK has much talent? Share with us your thoughts in the comment box below!

By Nimue Wafiya

Source:

bcnews.go.com/Entertainment/director-christopher-nolan-tells-inspired-dunkirk/story?id=48772403

http://collider.com/bruno-delbonnel-interview-darkest-hour/

https://www.prolificnorth.co.uk/news/broadcasting/2018/01/manchester-looms-large-darkest-hour

http://www.screenmanchester.com/

https://www.manchestereveningnews.co.uk/business/business-news/manchester-fastest-growing-creative-industry-14295016

csiprop.com/manchester-original-modern-city

csiprop.com/uk-property-outlook-2018

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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Australia Faces Major Housing Undersupply

Experts are predicting that Melbourne is heading for a housing undersupply due to the increase in population.

Not enough houses being built to tackle Australian housing undersupply

Just this week, data released from the Australian Bureau of Statistics (ABS) illuminated the dire undersupply of housing currently besetting the nation. New figures show an unsettling lack of houses, especially where they are needed most — cities such as Melbourne (specifically Melbourne CBD), Sydney, Brisbane and Hobart, all home to impressive population growth rates, are expected to depend greatly on new residential constructions to meet high demand.

The ABS figures showed a 3.3 per cent decline in residential construction in trend terms, with the last quarter of 2017 recording a 0.7 per cent decline — such trends still occur despite population growth, immigration and interstate migration which continue to push Melbourne, Sydney, Brisbane and Hobart well into a more populous future!

AMP Capital’s Shane Oliver told The New Daily said that, for the most part, Australia was near equality in construction versus population growth, but that the last decade of construction had failed to keep up with Australia’s record population growth.

Housing Undersupply in the face of population growth

“If you look at Melbourne there’s 120,000 people moving to it per annum, but only 75,000 houses being built,” said Commsec Senior Economist Ryan Felsman, echoing Oliver’s observation.

The same concerns about Melbourne, specifically Melbourne CBD, have been heard before, the Urban Development Institute of Australia warned last year that the city could have a shortfall of 50,000 houses by 2020.

New-build apartments like the upcoming Palladium Tower in Southbank, are being constructed to address the severe lack of housing in Melbourne. Palladium Tower is strategically located in the Melbourne CBD area, right next to Fishermans Bend, Australia’s largest urban renewal project covering 485 hectares in the heart of Melbourne. By 2050, the area is expected to provide housing for up to 80,000 people, and employment for 40,000.

And yet, experts from BIS Oxford Economics who had gone on record to reverse its initial predictions about the surplus of apartments in the city centre, are stating that Melbourne is headed for an undersupply based on the increase in population.

If we zoom in on Melbourne’s astounding population growth, the shortage of houses will begin to hold even more weight. As of 2016, the estimated residential population in the municipality of the City of Melbourne was 151,176. This figure, when added to the colossal 903,000 people who were recorded to have travelled to or be present in the municipality on an average weekday, produces a whopping 7-digit figure the housing market is not currently prepared for.

Even more surprising is the population growth in Melbourne CBD. The district, which spans only 6.2 km^2, is expected to have a population of 76,982 in 2037, 44% higher than the population in 2017 — this growth forms 29% of the total projected population growth of the City of Melbourne within the same time frame!

To illustrate the critical undersupply in Melbourne, is a recent story of regarding a property developer, Tim Gurner, whose launch of rental apartments at 74 Eastern Road , South Melbourne, amassed a queue of people who snaked around the block to inspect the 47 newly completed units.  

The Australian Financial Review Rich Lister said his 74 Eastern Road apartment development attracted more than 500 inquiries and 150 rental applications without a single advertisement. All the apartments were subsequently leased within a few hours.

“We have been absolutely blown away by the response to the first inspection, which we only advertised with a single sign board on the front facade. Half an hour before the inspection time we already had a line out the door and around the corner,” Mr Gurner told The Australian Financial Review.

Gurner closes his account by declaring that operations that further restrict housing supply, such as increasing taxes on new constructions, will only exacerbate the issue for the house-hunting population.

As expected, high demand for houses will continue to propel Australia’s property market forward. Melbourne, especially, Melbourne CBD, is expected to take the brunt of this undersupply following its high population growth rate.

By Nimue Wafiya

Sources:

https://csiprop.com/the-spiraling-growth-of-melbourne-cbd/

http://melbournepopulation.geografia.com.au/

http://www.afr.com/real-estate/residential/lack-of-apartments-to-rent-will-hurt-in-18-months-says-tim-gurner-20180131-h0r401

https://thenewdaily.com.au/money/property/2018/02/24/australia-not-building-enough-future/

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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The University of Melbourne’s New World-Class Campus

An artist’s impression of the University of Melbourne’s new Fishermans Bend campus (Image credit: The Age)

The University of Melbourne is building a new campus in Fishermans Bend as part of an ambitious A$1 billion plan to create a world-class engineering school in Victoria.

The university’s 2025 Engineering Strategy plan also includes upgrading the engineering facilities at its main Parkville campus site and developing the former Royal Women’s Hospital site. The plan is expected to provide an A$8 billion boost to Victoria’s economy and generate over 15,000 new jobs by 2035.

University of Melbourne’s new campus a catalyst to innovation 

The new campus — the institution’s eighth, to date — is located within Australia’s largest urban renewal project, right in the heart of Melbourne. Construction begins this year and it is expected to be ready in the early 2020s.

Vice-Chancellor Professor Glyn Davis said: “The university will be a catalyst for new collaborations and investments, connecting industry and research in the precinct.

“We have a proud history of innovation in this country. The new campus will give our researchers and students opportunities to work alongside industry, and pursue rich careers right here in Australia.

“When surrounded by start-up accelerators, business incubators, cutting-edge research, development and manufacturing facilities, and test sites, our students can immediately put ideas into action,” he said.

The move to Fishermans Bend will expand the University of Melbourne’s capabilities to undertake large-scale research and innovation, such as autonomous vehicles and smart grid technologies, with the inclusion of on-site facilities such as wind and water tunnels.

University of Melbourne School of Engineering Dean, Professor Iven Mareels said that the new campus would help to create entrepreneurial leaders and transformative technologies of the future.

“The Fishermans Bend campus will initially enable 1,000 engineering and IT students and academics to collaborate with world-leading local and international companies across industrial sectors as diverse as transport, energy, food, mining, infrastructure and water,” he said.

Fishermans Bend is Australia’s largest urban renewal project covering 485 hectares in the heart of Melbourne. It will consist of five precincts across two municipalities – the City of Melbourne and the City of Port Phillip – and connect Melbourne’s CBD to the bay. By 2050, the area is expected to provide housing for up to 80,000 people, and employment for 40,000.

The population growth rate of Melbourne has increased to 2.4%, which means 110,000 people are moving to the city every year. Vacancy rates in Melbourne continue to fall due to the severe undersupply of housing. New-build apartments like the upcoming Palladium Tower in Southbank, are being constructed to address the lack of housing, which is less than 5km away from the new campus, and can be reached by bike in less than 20 mins!

Nearer still, and just 5 mins away by bike from Palladium Tower is the University of Melbourne’s Southbank campus, which is also undergoing a A$200 million transformation. This transformation, expected to be ready by 2020,  will see the Conservatorium staff and students co-located with their colleagues and peers at the Victorian College of the Arts at the heart of the Melbourne Arts Precinct.

Palladium Tower has a walk score of a near perfect 98/100, which reflects how easy it is to get around without a car. With a self-contained Woolworths supermarket, and the Crown Casino & Entertainment Complex, Melbourne Convention & Exhibition Centre, Melbourne Arts Precinct and the Royal Botanical Gardens all within walking distance, Palladium Tower is strategically located at the nexus of all the city has to offer.

Keen to find out more about Palladium Tower or other projects in Melbourne? Give us a call at 03-2162 2260 or 016-221 8691/9150. Feel free to share and comment on this article!

By Ian Choong

Sources:

  1. https://www.alumni.unimelb.edu.au/university-announces-new-engineering-campus
  2. https://www.smh.com.au/national/victoria/students-set-to-take-the-bus-to-melbourne-unis-1b-future-of-engineering-20171221-h08ihg.html
  3. http://finearts-music.unimelb.edu.au/about/campus/southbank-campus-development

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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England Hits Highest Happiness Level

Despite concerns over the uncertainty of Brexit and the effects it might have on household budgets, the Office for National Statistics (ONS) has reported that England has hit its highest level of happiness since 2011.

Despite concerns over the uncertainty of Brexit and the effects it might have on household budgets, the Office for National Statistics (ONS) has reported that England has hit its highest level of happiness since 2011. On the other hand, there have been no significant improvements in happiness in neighbouring Scotland, Wales or Northern Ireland.

The method of research is fairly simple, depending entirely on citizens self-reporting their feelings; those aged 16 and over were asked to rate their “happiness”, “anxiety” and “worthwhile” levels out of 10.

The results from 2011 showed that for the most part, England’s overall happiness was faring well at an average rating of 7.29. Interestingly, this figure has now risen to 7.52. In terms of feeling “worthwhile” the average score has risen from 7.67 to 7.87. Even anxiety levels have dropped from 3.13 to 2.92  — why is this the case?

Happiness Level Related to Quality of Life

Silvia Manclossi, head of the quality of life team at the ONS, said, “People’s social connections and health status play an important part in personal wellbeing. However, some economic factors are also important, so perhaps this trend over time is not surprising as the country came out of the economic downturn. ”

It seems that England’s citizens have been, even with misgivings that accompany economic unpredictability, finding their own reasons to continue thriving.

Manclossi also mentions the large difference in overall happiness levels between those of different ages, giving the quality of life team at the ONS something to look further into. A quick look at said discrepancies reveal the following:

  1. The overall happiest age group are those between 65 and 80 years old
  2. The least satisfied aged group are those between 50 and 54 years old
  3. People aged 16 to 19 reported the highest levels of life satisfaction of any age group

Happiness Level: UK vs other countries?

In a dispatch called the World Happiness Report 2017, an initiative of the UN’s Sustainable Development Solutions Network, a group of independent experts including economist Jeffrey Sachs surveyed people in 156 countries to find out how highly they evaluated their lives on a scale from 0-10.

The top 5 spots were taken by Nordic countries; Norway tops the list, followed by Denmark, Iceland, Switzerland and Finland. The UK found itself taking the 19th place, right after Luxembourg. Worth noting is Australia’s title as the 9th happiest country in 2017 as it is also home to the World’s Happiest and Most Liveable City, Melbourne.

While explanations for this list are naturally complex, experts have condensed them roughly into six factors: income, healthy life expectancy, having someone to count on in times of trouble, generosity, freedom and trust, with the latter measured by the absence of corruption in business and government.

Evidently, the UK  has managed to remain resilient in the face of uncertainty following Brexit — if the citizens are getting happier, something must be working right!

Need to up your happiness level? Invest in England and get a slice of that happiness! For more information on the property market in the UK, check these articles out: https://csiprop.com/uk-property-outlook-2018/ and https://csiprop.com/regional-uk-property-tops-price-growth/.

By Nimue Wafiya

Sources:

World Happiness Report 2017

Overall UK happiness level given boost by English ONS Life Satisfaction Survey

Melbourne World’s Happiest City Survey

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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For Manchester United Fans: #ILOVEUNITED comes to Malaysia

Manchester United fans in for a treat with first ever #ILOVEUNITED fan party in Malaysia

Do you consider yourself a Red Devil? Well-versed in the interesting origin of the glorious Manchester United Football Club?

If you’ve said yes to either or both, you’re in for quite the treat:

 

For the first time ever, Manchester United is bringing its #ILOVEUNITED fan party to Kuala Lumpur on 10th March, 2018! To be held at Berjaya Times Square, Kuala Lumpur, the event will feature a live match screening of Manchester United’s highly anticipated home match against Liverpool and a chance to win a once-in-a-lifetime VIP trip to Old Trafford!

While the exultation of experiencing the match with fellow supporters might be enough to satiate fans, this event is offering much, much more.

Star Trek’s Captain Kirk: looking intrigued. Image from Know Your Memes dot com

Manchester United Ambassadors Dwight Yorke and Denis Irwin, together with club legend David May will be landing in Malaysia to meet fans and give pre-match views and half time analysis of the game!

The #ILOVEUNITED event will also feature an interactive, online hub linking fans around the globe, with the opportunity to upload and post their own videos and pictures expressing their support for the team.

There is still more to expect! Live entertainment, giveaways and competitions will be ongoing throughout the event to keep the crowd active and engaged.

Eager to grab a ticket? All you have to do to apply for free tickets is visit www.manutd.com/iloveunited latest by the 4th March, 2018. Applications will be entered into a ballot and successful applicants will be notified by email no later than the 6th March, 2018.

Fans who are Official Manchester United members simply need to submit their membership number during the application process to be guaranteed a ticket.

If  you find that your interest extends beyond football to include Manchester’s promising property market, you can contact us for assistance!

Oh, and if you haven’t already seen it, check out our article regarding Robbie Fowler and his decision to tour London tour in an effort to promote UK property investment to his fellow Brits here: csiprop.com/fowler-strikes-again-in-the-uk-property-market/!

P.S: Did you know that a number of EPL footballers have also invested in the UK property market? Read our article!

Article by Nimue Wafiya

Source:

#ILOVEUNITED is heading to Malaysia

The Day Manchester United was Saved by the Dog – A Tale From Early Years

Fowler Strikes Again in the UK Property Market 

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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Fowler Strikes Again In The UK Property Market

EPL football legend Robbie Fowler joins an established group of athletes to invest in the lucrative UK property market.

Recent news highlights Liverpool FC legend, Robbie Fowler, directing his attention towards building a property empire. In keeping with its slogan, “Build a property portfolio without the need of a footballer’s salary”, the Robbie Fowler Property Academy is holding a string of events in London this week to provide the average Brit with the necessary guidance to score in the property market.

Once acclaimed for his ability as a striker to string ball after ball into goals (he is the sixth-highest goal scorer in the history of the Premier League!), Fowler now owns and rents out a string of homes and apartments in Liverpool, Cardiff and Scotland. The ex-athlete is entrusting the property market to retain his fortune — £31 million to be exact — after leaving behind an illustrious football career.

So what does this major football star see in UK property investment?

After circulating the market, Fowler came to a definitive conclusion: “What the trained investor knows over and above everybody else is that there is money to be made in property.”

Many athletes investing in UK property market 

This ideology among football stars is not the first of its kind. Fowler joins an already established group of athletes who seek great yields from the UK property market.

Members of Liverpool FC and Arsenal FC have put club rivalries aside to invest their vast wealth in the property development business. Luis Suarez, Lucas Leiva, Jose Enrique, Mikel Arteta and Santi Cazorla are, today, the  directors of a Manchester-based company, Capital and Centric, which focuses on purchasing old buildings and developing them into private rented homes.

According to The Times, Capital and Centric, which has a number of other investors alongside the footballers, has already raised £50 million in equity. The money will be used  to purchase and develop residential property in Manchester, Liverpool, Birmingham and Bristol, with the hope of generating returns of between 8 and 10 percent a year while creating a £250 million property portfolio.

Additionally, Marcus Rashford, one of Manchester United’s younger players, has set up a property firm (Mucs Properties Ltd) to help him invest the fortune he has gained throughout his career. The sportsman, said to be following in the footsteps of fellow English footballer Dele Alli, is to buy homes to rent in northwest England.

Join Robbie Fowler and Luis Suarez – invest in the UK property market

The UK property market seems to be attracting quite the distinguished cohort. Evidently, it has proven time and time again to be the steadiest form of investment there is.

Even with Brexit on the horizon, recent data from ONS shows a steady growth in house prices throughout the UK; high demand for housing continues to strengthen the property market.

Also worth noting are the areas in which Fowler and his fellow athletes are focusing on — Liverpool, Manchester, Birmingham and Bristol are subject to impressive house price growth rates.

Should the idea of investing in UK property pique your interest, you can head over to https://csiprop.com/our-uk-projects/ to see what we offer and how we can help!

After all, you can build a property portfolio without the need of a footballer’s salary!

Article by Nimue Wafiya

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