Dunedin Real Estate Your Dream Property Is Within Your Reach

Sometimes referred to as the southern gem, Dunedin is the South Islands second biggest city, characterised by a unique Scottish feel and architecture imposed on it during the time of New Zealands colonisation. Surround by beaches, forests and dramatic scenery, Dunedin is noted for its youthful and charismatic population being attracted by the educational and tertiary facilities contained within. With a population of just over 125,000, the city is one of the best preserved Victorian and Edwardian cities in the Southern Hemisphere. Becoming a desired location for students, families and businesses alike, the demand for Dunedin real estate is increasing at above average rates.

According to the latest Quotable Value New Zealand figures, southern Dunedin real estate figures have surged, recording the highest percentage increase in the country. The southern region extends from Waverley to Green Island, including the suburbs of St Kilda and St Clair. The figures illustrate that the area has experienced an increase in home values by 8.7% with an average sale price of $264,000. Likewise, Dunedin overall, showed a 4.9% increase in property values with the average sale price rising to over $276,000.

The increasing prices are a direct result of increasing demand. As many of the main centres in New Zealand are experiencing continued growth in house prices and valuations, Dunedin is presenting itself to many as an attractive option. With the average house price in New Zealand just a little under $410,000, properties in Dunedin represent real value in the marketplace where many families are struggling to find suitable and affordable housing options. According to Glenda Whitehead from QV Valuations, some of the increase in market activity in Dunedin is due to a rise in purchases by existing homeowners, who realise the benefits of purchasing prime real estate at well below national averages.

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Thai Real Estate Investment Soared On Back Of Property Fund Activity

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

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

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

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The Many Advantages Of Buying A Condominium Unit

One of the most popular type of housing in the Philippines today are condominiums. Compared to other forms of housing, such as townhouses, apartments, and most specifically houses, condominiums have grown to become a very popular type of housing because of its many advantages and benefits. So what are its advantages over other types of housing?

Affordability
Compared to townhouses and houses, condominiums are much more affordable in terms of permanent residence. Houses and townhouses available in the Philippine market today ranges from hundreds of thousands to millions, depending on the city as well as with its location. Houses available in Manila today can go up from P1,000,000 Philippine Pesos to as much as P10,000,000 Philippine Pesos. Condominium units, on the other hand, would only cost half the original price of houses and townhouses, only ranging from P500,000 Philippine Pesos to a million.

Location
Another advantage of owning a condominium unit is its location. Most condominium available in the market today are those found inside a major city, such as in Makati City. According to Real estate Philippines experts, this allows it to be within walking or mass transit distance of business and industrial areas of the city. Another popular location of condominiums are those found outside of major cities, particularly those found in provincial areas such as Tagaytay.

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Current Mortgage Rates Canada

Mortgage rates in Canada are becoming lower than ever before, as the interest rates on a 7 year mortgage or loan sits at 5.25%. There are many online companies that offer the lowest of current mortgage rates Canada has to offer. Some of these online companies offer services such as tools and management information. These services also include a referral so that you are connected to loan officers that are competing for your business as a home buyer.

For the company Servus Credit Union, the lowest current mortgage rates Canada offers for a 10 year mortgage is 5.90%, however the very lowest current mortgage rates Canada offers is with the company FirstLine Mortgages, with a rate on a 10 year mortgage of 5.70%. The highest mortgage rates offered on a 10 year mortgage at this time is through Bank of Nova Scotia, with a whopping 6.95% APR on a closed term loan.

With the current mortgage rates Canada based companies offer, it is apparent why so many are trying to buy homes or refinance at this time. Refinancing to get the lower current mortgage rates, Canada businesses are seeing an influx of these homeowners trying to save money. Current mortgage rates are affected by whether they are fixed rate or variable rates.

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Advantages of the Modern Condominium

Although condominiums were only recently introduced in the Philippine market, these types of housing have significantly gained a lot of popularity among many Filipinos. Many of them even consider these condominiums as a type of modern housing because it provided them with the kind of necessities they are looking for, particularly in today’s modern and fast-paced lifestyles.

Advantages of living in a condo unit The main advantage of condominiums, according to many real estate experts, is its location. Because of today’s lifestyles, many Filipinos are seeking for a refuge they can easily access from their work, or a home which can provide them the accessibility they needed to get to work without having to go through the hassles of rush hour.

Those are the reasons why condominiums became popular in the Philippines. Because most condo in Philippines are found in business and commercial districts, such as in Makati City or in Ortigas, Pasig City, residents are given the luxury of living within mass transit distance of withing walking distance from their workplaces, allowing them to avoid the hassles of rush hour.

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