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Disclaimer

This disclaimer informs readers/audience that the views, thoughts, and opinions expressed in the text/video belong solely to the author & participant, and not necessarily to the participant’s employer, organization, committee or other group or individual. As it can be difficult to catch some minor errors, transcripts may contain a few typos or inaccuracies.

Please note the following legal conditions:

Denzity owns the copyright in and to all content in and transcripts of Denzity’s video programs and publications (collectively referred to as “Denzity Materials”, with all rights reserved and its right of publicity.

You are welcome to share the below transcript (up to 500 words but not more) in media articles (e.g., The South China Morning Post, Bloomberg, New York Times), on your website, in a non-commercial article or blog post (e.g., Medium and WordPress), and/or on a personal social media account for non-commercial purposes, provided that you include attribution to “Denzity” and link back to the denzity.io/blog URL. For the sake of clarity, media outlets with advertising models are permitted to use excerpts from the transcript per the above. ParagraphParagraph

No one is authorized to copy any portion of the Denzity Materials or use Denzity’s name, image or likeness for any commercial purpose or use, including without limitation inclusion in any books, e-books, book summaries or synopses, or on a commercial website or social media site (e.g., Facebook, Twitter, Instagram, etc.) that offers or promotes your or another’s products or services.

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Real Estate Knowledge

United Kingdom | 3 Reasons why UK property is worth to buy

Owning a property is a dream for every Hong Kong person. However, Hong Kong’s property prices have risen a lot and it’s difficult for Hong Kong citizens to have one. Compared with the sky-high prices in Hong Kong, overseas property is becoming a choice. The UK has been a popular choice as we have BNO which is easy to immigrate to the UK.

A good time to enter the market 

According to Knight Frank data, the number of UK exchanges in July 2021 was 21% below the five-year average. Moreover, the nationwide house index decreased from 8.7% to 7.8%. It is believed the UK real estate market took a hit during the pandemic. However, it is good news to investors since the housing prices are at a more reasonable stage. 

Besides, The American Federal Reserve Bank is starting to taper their repurchase of external debt and Q3 non-agricultural employment data happens to be way lower than expected. It can be foreseen that the tapering would be postponed as it is still not the time to release the inflation to the public. It is a great time to purchase assets now before tapering begins again.

“Help To Buy” Policy

The UK government has now added a “Help To Buy” policy to lower the threshold for the first phase of a new building. It also provides a home equity loan of more than 15% (up to 40% in London) to assist any first home buyer aged 18 or above. With a 5% first installment, you can use the policy to buy a new building. This round of policy will last until March 2023 (2022 in Scotland). If Hong Kong people are successfully hired after arriving in the UK, and have established sufficient credit scores and records, this policy can apply for them as well.

A path towards stability

The stock market has always been a volatile location. With previous disasters such as the depression in the 30s or the stock market crash earlier last year. These are all situations that every savvy investor wants to avoid. It is also no secret that real estate is a surefire way to maintain value and keep your money, but the question is how much?

Even though you can ensure that you would not go bankrupt with having property, the benefit also lies in the possibility of making money, thus the name of “investment”. As the rental yields are so high in the UK, it really is a foolproof plan. There are constantly tenets looking to rent and buy, no matter in what financial climate in the United Kingdom. With that you can always turn a profit on top of keeping your assets intact in dire scenarios.

Risk and Reward 

The most important part of investing is to manage risk and return.  The higher the risk of an action, the higher the reward it will bring to justify the investment in it.  And the current low risk and high return make purchasing a property a good investment.

   Whether you buy and sell real estate business for your own use or long-term investment, the UK market can meet your needs.  Like the slow pace of life in Merseyside or the fast pace of central London, there is always a place in the UK for you.

Conclusion

Whether or not you choose the UK as the next place to look for an overseas property, we hope these points help clarify what aspects of a country you should be clear about before investing in property. There is no one size fits all answer. 

Whatever is your preference, Denzity is here to help you make a better decision. Our Portal lists many overseas properties managed by trusted real estate companies all over the world. If there is a place to find your dream home this would be it! Watch out for upcoming videos that will take a deeper dive into the area. 

Disclaimer

Please note all the above stated is opinion only and does not constitute proper investment advice. Denzity is not liable for any investment decisions that result from following the opinions outlined above.

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Real Estate Knowledge

How much do you need to make to afford a flat in Hong Kong?

Hong Kong is well known for its exorbitant housing prices. Afterall, it’s been the world’s most unaffordable city for 11 consecutive years.

Demographia, an international public policy advisory agency, shows that in order to afford a house in Hong Kong, citizens need to work 20.9 years consecutively without drinking or eating (note that inflation isn’t even considered in this research). To buy a home, most people need to rely on mortgages, which makes housing more “reachable” for Hong Kong residents.

So here’s a question – how much income does someone in Hong Kong need to afford a flat?

Unfortunately, talking about houses involves looking at statistics and crunching some numbers. It’s a task most Hong Kongers need to face, and we’re here to help.

To answer the question, let’s exclude inflation and any changes in interest rates or income.

The median income of the average employee in Hong Kong is 27, 600 HKD per month. For higher income professionals, the median income lies around 41, 300 HKD per month .For flats under 8 million HKD,  it is currently possible to take out a loan of up to 90% of the total cost. But this optimum coverage comes with some requirements:

  1. This needs to be your first flat purchase 
  2. You need to have a stable income
  3. The payment every month for the loan needs to be <45% of your total income 

The current average interest rate for house loans is approximately 3% when we round up to the nearest whole digit. 

If a flat that is worth 8 million is purchased, we can estimate that about 20, 000 HKD would be required to pay for the loan – interest rate included. Referring to requirement (3) above, in order to get a 90% loan, the amount you pay for the loan per month needs to be less than 45% of your monthly income. So, you need an income of at least 44, 000 HKD per month in order to afford a 8 million dollar flat in Hong Kong. This figure comes in above the median income of both regular workers and professional workers.

Let’s go a step further and do some basic math to find out what type of housing you can afford if you are making median income. If you are an average Hong Kong worker, the most you can afford to pay for a mortgage is 12.4 thousand HKD per month. Excluding interest rate, houses that you can afford need to be less than 4.5 million HKD.

As our small analysis above concludes, it is difficult for most Hong Kong citizens to make the decision to buy a flat when they are below the median income, as a flat that’s worth 4.5 million isn’t that much bigger than public housing provided by the Hong Kong government. It’s painfully obvious why high property prices are a social issue of such contention in Hong Kong today.

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Real Estate Knowledge

CBRE Profile

CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, with 2018 revenues of $21.3 billion and more than 100,000 employees (excluding affiliate offices). We has been become the Fortune 500 since 2008, and ranked #122 in 2021.

As the world’s largest real estate firm, we have a vast of resources and expertise supporting, together with local experienced international project team to provide you the best-in-class developments and investment portfolios. CBRE is a listed company on the New York Stock Exchange and we are licensed and regulated by the Hong Kong Estate Agents Authority.

Whether for investment or own use, we offer broad range of integrated services, from property sales & investment, letting & management, or even re-sale services etc., we serve you diligently in every important step.

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Market Updates

How To Build A Captivating Professional Character On Screen with Andrea So 蘇韻姿

Welcome to our episode with Hong Kong’s very own Andrea So. Andrea is accomplished in the world of media, and will be sharing how we can use her strategies in business.

Andrea So is a professional actress and TV host. She has starred in the popular TVB drama “Come Home Love: Lo and Behold” and has hosted different shows.

Recently, she was nominated as “Best Supporting Actress” in an awards ceremony. Given her short history of working in the Hong Kong entertainment industry, how did she build her character on-screen and engage with the audience?

Her story reveals the different ways for people who are hoping to build a unique character on camera. Especially for real estate professionals, it is crucial to stand out from the crowd, and capture people’s attention.

Tune in to the episode above and the following video of our mini-series to learn how Andrea did so, and gain some insights on how you can do the same.

▶ About the Guest:

Miss So grew up in Toronto, Canada. Since she was small, she was interested in studying culture and art.

She went to Queen’s University, majored in drama and minored in music. In 2015, Miss So won the first runner-up in a singing contest on Canadian television.

Since then, she has worked as a television program host and guest in Canadian TV series. In 2016, Miss So participated in the “2016 Miss Hong Kong Campaign” and won third place in the line.

She then joined TVB and was notable for her role as “Xiong Xinru“(熊心如) in the TVB drama “Come Home Love: Lo and Behold”.

Most recently, Miss So has started her own Youtube channel. She has been doing covers and vlogs, having 37.5K subscribers on her channel.

▶ Contact Andrea So Here :

Facebook (Andrea’s Page): https://www.facebook.com/andreasowenchi

Instagram: https://www.instagram.com/andreaso_/

YouTube: https://www.youtube.com/user/lotp416

▶ Disclaimer:

This disclaimer informs readers/audience that the views, thoughts, and opinions expressed in the text/video belong solely to the author & participant, and not necessarily to the participant’s employer, organization, committee or other group or individual. As it can be difficult to catch some minor errors, transcripts may contain a few typos or inaccuracies.

Please note the following legal conditions:

Denzity owns the copyright in and to all content in and transcripts of Denzity’s video programs and publications (collectively referred to as “Denzity Materials”, with all rights reserved and its right of publicity.

You are welcome to share the below transcript (up to 500 words but not more) in media articles (e.g., The South China Morning Post, Bloomberg, New York Times), on your website, in a non-commercial article or blog post (e.g., Medium and WordPress), and/or on a personal social media account for non-commercial purposes, provided that you include attribution to “Denzity” and link back to the denzity.io/blog URL. For the sake of clarity, media outlets with advertising models are permitted to use excerpts from the transcript per the above. ParagraphParagraph

No one is authorized to copy any portion of the Denzity Materials or use Denzity’s name, image or likeness for any commercial purpose or use, including without limitation inclusion in any books, e-books, book summaries or synopses, or on a commercial website or social media site (e.g., Facebook, Twitter, Instagram, etc.) that offers or promotes your or another’s products or services.

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Market Updates

How Does a Hong Kong Investor Buy Property? Ft. Manci Man



Welcome to our second episode with Manci Man, where we discuss BNO citizenship, currency exchange, and online property marketing.

BNO: What exactly does BNO stand for? How does it pertain to Hong Kongers and their relationship with the UK?

Manci Man’s is experienced in such matters given her clientele, and will be sharing her insights in this interesting sub-market Currency Exchange: Depending on the currency value of your savings, the exchange rate can be a hidden fee or a tremendous profit to investors.

Before choosing an investment, it is important to keep track of foreign exchange rates and how it will impact your investment profitability.

Online Property Marketing: From Zoom to Youtube to Social Media, Manci and her team combine modern, innovative ways of reaching out to clientele with the more traditionally conservative real estate industry.

To hear more about these concepts and more, tune in to our episode above! We have our finale with Manci Man coming out next Thursday (July 22), so stay tuned. As always, enjoy.

▶ About the Guest:

Manci is currently the co-owner of Century 21 Goodwin International, a branch of the biggest property franchisee in Hong Kong, established in 1989. At Century 21, (International) she works to expand the business overseas and to the Greater Bay Area.

In 2019, she sold over 100 properties overseas, reaching a total sum of over HK$150 million.

She has previously worked at Raeon International Limited, strengthening their B2B sales distribution channels and working closely with many property agencies. With regular site visits to Australia, Manci holds in-depth first-hand market knowledge of the Australian property market.

She also wrote a weekly column in major local newspapers in Hong Kong specialises in the area of Overseas Property Investment. Manci also spends her days as the founder of M Patisserie, a boutique Hong Kong based bakery.

​ Manci was elected as the 2019 Hong Kong Professional Elite Ladies, JCI Lady, and award the 2019 Hong Kong’s most outstanding Leaders Award, Hong Kong.

▶ Contact Manci & Her Team Here:

Facebook (Manci’s Page): https://www.facebook.com/manci.mm  

Facebook (Manci’s Team) : https://www.facebook.com/C21GoodwinInternational   

LinkedIn: https://bit.ly/3kf1vey

▶ Disclaimer:

This disclaimer informs readers/audience that the views, thoughts, and opinions expressed in the text/video belong solely to the author & participant, and not necessarily to the participant’s employer, organization, committee or other group or individual. As it can be difficult to catch some minor errors, transcripts may contain a few typos or inaccuracies.

Please note the following legal conditions:

Denzity owns the copyright in and to all content in and transcripts of Denzity’s video programs and publications (collectively referred to as “Denzity Materials”, with all rights reserved and its right of publicity.

You are welcome to share the below transcript (up to 500 words but not more) in media articles (e.g., The South China Morning Post, Bloomberg, New York Times), on your website, in a non-commercial article or blog post (e.g., Medium and WordPress), and/or on a personal social media account for non-commercial purposes, provided that you include attribution to “Denzity” and link back to the denzity.io/blog URL. For the sake of clarity, media outlets with advertising models are permitted to use excerpts from the transcript per the above. ParagraphParagraph

No one is authorized to copy any portion of the Denzity Materials or use Denzity’s name, image or likeness for any commercial purpose or use, including without limitation inclusion in any books, e-books, book summaries or synopses, or on a commercial website or social media site (e.g., Facebook, Twitter, Instagram, etc.) that offers or promotes your or another’s products or services.


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Market Updates

Enjoy Being Disliked, Aim for the Result With Jo Lam 林作 // 享受被討厭的過程,和林作一起努力爭取結果吧!

[English Below] 堅忍主義、拳擊、特朗普。 在這最後一集與 林作Jo Lam 採訪中,我們涵蓋了所有內容。

這是我們與備受爭議的香港 KOL 合作的三部迷你訪談中的最後一部,我們與大家想分享他的所有見解。

媒體是任何行業都不能忽視的工具,沒有人比林作更了解這一點。從法律行業到娛樂圈,再到拳擊比賽,他利用公關,塑造了一個備受關注的形象。

是什麼驅使他這樣做的呢?最重要的影響是 – 他對傳統規範的失望。
在不同工作場所和行業環境中,尤其是在傳統的行業裡,都在呼籲變革。
無論是簡單地把樂趣注入灰色、乏味的環境,還是促使人們更有創造性地思考他們想要解決的問題,林作都希望做到這一切。

此外,並沒有所謂不好的宣傳,一切的宣傳都是有價值的(正如我們在第一和第二集中討論的那樣)。
請一如既往地享受收看我們上面的訪談吧!

Stoicism. Boxing. Donald Trump. In our finale with Jo Lam, we cover it all.

This is the last of our three part miniseries with the controversial Hong Kong-based KOL, and we want to share all his insights.

Media is a tool that cannot be ignored in any industry, and nobody knows that more than Jo Lam. From law to entertainment, to boxing, he has utilized public relations and cultivated a persona that has attracted tons of attention.

What drives him? More than anything – it’s frustration with the norm.

Workplaces and industries, especially the more traditional ones, are screaming for change. Whether it is simply injecting fun into a grey, bland environment, or pushing people to think creatively about the problem they want to solve, Jo wants to do it all.

Besides, no publicity is bad publicity (as we discuss in our first and second episodes).
Tune in to our episode above, and as always, enjoy!

▶ About the guest:

Mr Lam went to Harrow Public School and Oxford University, receiving his Diploma in Law from the University of Law in 2012.

In 2015, Mr Lam officially became a practicing barrister in Hong Kong and practiced at Zhang O’Seo Great Law Firm, one of Hong Kong’s oldest barristers.

Most recently, only 2 months after joining the insurance industry, he has signed 30 policies in just two months (as of June of that year) as a financial planning consultant for Prudential in the UK, with an annual premium of HK$1 million.

In November 2015, he stood for election to the Longxing District Council elections in Huang Daxian District. In 2017 and later, he pivoted more towards media and entertainment.

▶ Contact Jo Lam & His Team Here:

Facebook: https://www.facebook.com/jolamchok                            

LinkedIn: https://bit.ly/3Av6lda

▶ Disclaimer:

This disclaimer informs readers/audience that the views, thoughts, and opinions expressed in the text/video belong solely to the author & participant, and not necessarily to the participant’s employer, organization, committee or other group or individual. As it can be difficult to catch some minor errors, transcripts may contain a few typos or inaccuracies.

Please note the following legal conditions:

Denzity owns the copyright in and to all content in and transcripts of Denzity’s video programs and publications (collectively referred to as “Denzity Materials”, with all rights reserved and its right of publicity.

You are welcome to share the below transcript (up to 500 words but not more) in media articles (e.g., The South China Morning Post, Bloomberg, New York Times), on your website, in a non-commercial article or blog post (e.g., Medium and WordPress), and/or on a personal social media account for non-commercial purposes, provided that you include attribution to “Denzity” and link back to the denzity.io/blog URL. For the sake of clarity, media outlets with advertising models are permitted to use excerpts from the transcript per the above. Paragraph

No one is authorized to copy any portion of the Denzity Materials or use Denzity’s name, image or likeness for any commercial purpose or use, including without limitation inclusion in any books, e-books, book summaries or synopses, or on a commercial website or social media site (e.g., Facebook, Twitter, Instagram, etc.) that offers or promotes your or another’s products or services.


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Real Estate Knowledge

TOP 4 SOLID REASONS To Buy UK Property

Before purchasing any overseas property, investors must consider the advantages of the UK market. The country boasts the 4th best property market in the world, and is a strong buy.

1. Variety of Options

London Metro Area. The Northwest. East Midlands. Scotland. The UK boasts a wide variety of property that is often overshadowed by exorbitant prices in posh residential neighborhoods.

In fact, the laws of supply and demand give investors options from houses in Durham for under £ 60,000 pounds to an extravagant £ 13 million pound home in Belgravia. In other words, you can break into the market with under $100,000 USD.

This variation among asset classes means different ROIs based on your risk profile and long-term goal. For example, Even in the famously expensive London market, there is a wide variety of prices.

Multi-million pound homes in Knightsbridge and Westminster draw attention away from the surprising affordability of other London districts.

2. Extensive Transport Infrastructure

With over 70 airports, 40 major ports, excellent rail links, and toll-free motorways, the UK offers residents strong transport links. The connection between suburban and rural areas rank high among EU members and are only strengthening. On top of domestic railway lines, Eurostar also links the UK to the rest of Europe.

In May 2021, the Transport Minister has revealed plans to inject £401 million pounds into transport infrastructure. New stations will be built along the northern Transpennine route, especially between Leeds, Manchester, and York, along with upgrades between York and Church Fenton.

Record levels of transport investment will promote new property markets.

The respective locations’ real estate prices will mushroom as the investments in infrastructure are realized over the next few years, and have already seen surges in market energy.

3. Post-Covid Bounceback

Despite a new stamp duty for non-residents, property firm Strutt and Parker is predicting higher transaction volumes than last year. In fact, they have released a five-year forecast which estimates up to 35% growth.

On top of that, Prime Central London’s lettings have seen a YoY decline of -6.7%, compared to a worst-case prediction of -10%. While market indicators do not match pre-Covid peaks, they indicate a slow return that still offers an opportunity for investors to break in.

London is among one of many markets that is expected to bounce back.

The sector can see continued government support through planning system reforms and increasing demand for new-builds between homebuyers and investors.

4. Strong International Community

The UK and its popular metro areas have consistently attracted foreigners. So much so, that King’s College research shows foreign investment is responsible for prices being 3 times higher than they otherwise would be.

The country is home to millions of immigrants and is often the primary choice of investors due to its high level of internationality. In fact, only 20% of investment volume is purchased by UK citizens. In the same 2021 JLL market report, the research breaks down the purchaser nationality into the following percentages:

  1. USA: 36%
  2. UK 20%
  3. Hong Kong: 12%
  4. Czech Republic: 10%
  5. Germany: 10%
  6. China: 4%
  7. Other: 7%

The markets of the “new normal” are on a shaky recovery, though still offer plenty of options for professionals to invest their hard-earned cash. Going forward, policy changes in EU relations or stamp duty is sure to impact property prices, and our future publications will keep you up to date on property trends to be aware of in the UK.

Now that you’re here…

At Denzity, we help international investors find their next property. If you have any questions about your next purchase, reach out to our team, here. Stay tuned for more location-based articles, investor focused content, and listings from our clients.

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Market Updates 未分類

THE 2 BIG ADVANTAGES Property Has Over Stocks

When people hear the word investing, their minds jump to securities – stocks and bonds. However, putting your money into a tangible asset like real estate is a strong revenue-generating investment that many people don’t consider.

Why is this the case? Real estate may require a higher “break-in cost,” but it rewards those investors that have more disposable income with a high degree of financial independence with a low degree of risk. What exactly are the biggest advantages, and why should the average investor know more about them?

1. Complete Investor Control

When you purchase real estate, you gain a controlling stake in your investment. Should you invest in overseas residential property, you can consistently improve your investment and increase its value.

Why is this important? When you buy a stock, unless you are a large institutional investor, there is little to no chance you have any power over your money. Your investment suggests that you are hopeful of their future and supportive of their mission, but you do not sit in on board meetings, suggest product campaigns, or pitch new business ideas. Despite the best market outlook, stocks can ricochet up and down because of events entirely out of the investor’s control.

That is not the case with property investment. Interiors can be renovated, smart features can be installed, and you can rip out the floorboards to install a sleek wood finish. In other words, you can modify it to change market value and match the target client (renter). Whether it is a USDS $10,000 “fix-and-flip” project or a boutique residential penthouse, the owner has complete control over their investment.

Interior renovation is one the best methods exercise control over your investment and bump up asset value.

2. Strong Cash Value

A second strong advantage of owning property is that real estate itself is collateral. Collateral is something that can be forfeited during a default, which lenders will accept as a kind of security for a loan.

Why does this matter? Should you approach a bank or company for a loan, they can see exactly what their money is backing up. Property can be appraised and physically visited, and therefore makes lenders feel more secure when they extend you a line of credit.

Unlike stocks that can drop 40% in a few hours, fluctuations in property prices are much smaller. In fact, borrowing money to purchase stocks is often limited to experienced traders, and can carry a high degree of risk.

Because of it’s inherent strong cash value, real estate does not require as much experience as successful securities traders. Warren Buffet worked the stock market since he was 13 years old, and after 30 years of experience he made an average, stable profit of 20% per year. If you owned a house in Beijing for the last two decades, you would have seen a steady, passive profit of 16% per year.

The burgeoning skyline of Manila, which an attractive location for residential and commercial real estate investment.

Now, Beijing’s property price is high, but is it possible to invest in the next Beijing? Property investors are turning to properties in developing countries that offer high returns, as well as financial independence and strong cash value. The rise of online aggregators and property services are streamlining this investor journey, and they remain crucial services in an international and digitised market. We encourage all of those who have made it this far to tune in to future Denzity publications for your real estate investment education, and potential next investment.

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Market Updates 未分類

How to Become a Real Estate Agent

Deciding to become a real estate agent is a significant move in anyone’s career. People enter the field of real estate for various reasons and at different stages of their lives. There are so many reasons to choose real estate as your profession. It can be a challenging career if you do not have the right skills and knowledge, but it can be a rewarding one if you are self-motivated, hard-working, honest, and enjoy helping people. So, what does it take to become a legitimate real estate agent?

1. Understand your country’s requirement
The first step in learning how to become a real estate agent is to research your country/state’s requirements. For example, in Hong Kong, one of the conditions which an applicant for a salesperson’s licence must meet is that he has passed a relevant qualifying examination in the 12 months immediately before making an application for support. Each country/state is different, so you must pay attention to which exams or courses are required for your practice location.

2. Study hard and pass the relevant exam
You may enrol in some courses to prepare for your licensing exam. There are plenty of online classes, physical real estate schools, and courses at community colleges. Choose the method that works best for your learning style and timetable. At this stage, you may also network a bit to get to know the industry experts. It helps you understand more about the real estate industry as a whole. Passing the exam is just the first step because real estate is a people business!

3. Gain the licence and get ready

Once you’ve passed all your exams and get the licence, you’re ready to become a real estate agent! You can then apply for jobs and become an employee of a real estate company. Working for a real estate company is a good start when you are new to the industry. You can learn from your seniors and make use of the marketing resources offered by your firm. Once you gain enough network and experience, you can then consider starting your own company!

Keep in mind that a career as a real estate agent can be as flexible as you want it to be. In general, the more time and effort you put into being a real estate agent, the more success you will achieve. If you want to become a successful real estate agent, you need to treat it like a full-time business, always actively searching for new customers and serving customers at your best. Want to know more about the industry? Follow Denzity for more information! Denzity is a global community of real estate experts. It connects you to like-minded people and offers you up-to-date industry news.