Property and Construction 物业和建筑 - You Write

Analysing House sales in Remuera, Auckland. 奥克兰Remuera区的房屋销售分析。

March 21, 2020 FLAI40 Leave a comment

Last Week: We took a copy of the One-Roof Magazine on Properties available in the Auckland market. We were looking for single houses for sale in good residential suburbs on behalf of a friend returning from China. We found that there were more houses in Remuera for sale than in any other desirable suburbs in the Auckland City region. We decided on looking more closely at one property there that we considered well priced for the friend. To find out the range of values for that house should our friend wish to buy, we conduct research on the sale prices […]

Vertical Townships 垂直建造的乡镇

January 7, 2020 FLAI40 Leave a comment

Some forty-odd years ago, in the early 1970s, when the urban renewal program was in the initial stages in Singapore, there was a four-member team thinking about having a Singapore with several layers of roadworks at various sky levels, so that the city’s as-built-areas could be expended upwards. The team members could imagine another 278 square miles (721 square meters) created some twenty or thirty levels above ground level, making Singapore twice its size. 大约40年前，即1970年代初期，新加坡的城市更新计划尚处于初期阶段，当时有一个四人小组，正在考虑让新加坡在不同的天空层进行几层道路工程，以便城市的建成区可以向上扩展。团队成员可以想象另外278平方英里（721平方米）在地面上高出约20或30层，使新加坡的面积扩大了两倍。 “To support another city space so high above the ground, we need to construct a series of large reinforced concrete footings,” said the Structural Engineer […]

What’s the Value? Property Valuation. 有什么价值？财产评估。

October 11, 2019 FLAI40 Leave a comment

The address is 217 St. Johns Road, Meadowbank. This property is for sale under a system like a tender but described by the marketing agent as “Set date of sale on 22nd October 2019 at 4:00 pm”. The details of this property can be viewed at https://rwremuera.co.nz/auckland/meadowbank/217-st-johns-road-rmu27732/ 地址是 Meadowbank 的 217 Johns Road。该物业可以通过招标等方式出售，但被营销代理商描述为“定于2019年10月22日下午4:00出售”。可以在https://rwremuera.co.nz/auckland/meadowbank/217-st-johns-road-rmu27732/查看此产业的详细信息。 I have never been a fan of any tendering system for the sale of a property. This is totally unfair to a would-be purchaser. Let me explain. Firstly, the system has never been properly explained to buyers and the marketing agency has to do the explanation for […]

Modern Methods of Valuation

June 19, 2019 FLAI40 Leave a comment

What is the value of my house? What is the price I should be paying for that house? What is the cost of building a house similar in all respects to that house but on my piece of land? ‘Value’, ‘Price’, and ‘Cost’ - are these terms referring to the same dollar value? Definitely not. All students in Property at Universities around the world use the book “Modern Methods of Valuation” as their standard textbook since my days of study of the subject at the College of Estate Management in London way back in the early 1960s. The current edition […]

Panmure, a tired residential suburb

March 24, 2018 FLAI40 Leave a comment

With nearby Glen Innes (3 kilometres away) being reshaped as another residential million-dollar suburb, Panmure is poised to be an important business and commercial hub in years ti come. This is the right time for the project managers, Panuku Development, to consider the development of the air space above the elaborately designed (but hopelessly underused) Panmure Train Station where the buses in the area also have a huge area for stopping. Read the article on this topic from the East & Bays Courier, published on Wednesday 14th March 2018, below: https://www.stuff.co.nz/auckland/local-news/east-bays-courier/101968806/proposal-for-auckland-council-to-cash-in-on-104-million-worth-of-land-to-fund-suburb-makeover Take a look at the photos of Panmure […]

Emerald Hill Conservation Houses, Singapore

June 15, 2017 FLAI40 Leave a comment

Emerald Hill Conservation Houses are valuable houses located just off Orchard Road, close to the Somerset MRT Train station. The current market book values of houses that are completed renovated are in the S$8 million regions. The rental values vary from $10,000to $18,000 per month. The houses are collectively known as the Peranakan houses, where in the olden days (early 1900’s) wealthy Chinese families who adopted the Malay style of living gathered to establish their own brand of Peranakan food. Emerald Hill has been the setting of many famous short stories by Singaporean writer, Goh Sin Tub, like ‘The […]

House Flip Stuns Retirees

April 18, 2017 FLAI40 Leave a comment

Concluding Remarks: (placed here and repeated at end) Between July 2016 and February 2017, although the property market had somewhat flattened, properties such as this is constantly in demand. The vendors had sold at what they had considered as the correct price having obtained an independent valuation of the property before the sale. The purchasers had no intention of ‘flipping’ and their so-called ‘profit’ had in fact been clawed back by the latest legislation on capital gains. All matters appear to be totally above board and the vendors have to forget about this and move on. There are brighter things to […]

A Honey For Your Money

February 27, 2017 FLAI40 Leave a comment

Do you want to buy a 3-bedroomed house for NZ $110,000? Do you want to buy a property with development potentials for NZ $210,000? If you say YES, then take a look at the following two advertisements: Ad # 1: A HONEY FOR THE MONEY $101,000 13 Stirling Place Tokoroa About this property The low maintenance Masada cladding means this little cutie is going to tick all the investor boxes with its free standing log burner, one run carpet, three bedrooms and a roomy combined kitchen and dining area. The decking is north facing and sun drenched with views over […]

Property Speculation

February 10, 2017 FLAI40 Leave a comment

Let us read the following news item again. http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11748861 There is a story going round the grapevine now that states how two houses in Mangere Bridge have been transacted five times in four days. Another story relates to another house on a similar theme - that of a historic homestead along Coronation Road, also in Mangere, changing hands three times within six months with the sale price doubling from $1.45 million to $2.80 million. And such stories about speculative property buying appear to be hit the headlines over and over again. My question then is this: What’s wrong with property […]