Real Estate - Real Estate PanAsiaBiz News

US Housing Market Cities with the Fastest Decline in Home Prices

US Housing Market: Top 10 Cities with Rapidly Falling Home Prices

January 23, 2025 William Johnson 0

The US housing market has seen a considerable shift, with home prices falling rapidly in several cities. This trend is driven by various factors, including […]

Ho Bee Land Enters Bidding War for AVJennings with A$391 Million Offer

January 23, 2025 Nitish shaw 0

Singapore-based developer Ho Bee Land has launched a takeover bid for Australian homebuilder AVJennings. They are offering A$391 million. This move challenges an existing bid […]

US Faces 18% Rise in Homelessness Due to Lack of Affordable Housing

US Homelessness Hits Record High 18% as Housing Costs Soar

December 28, 2024 William Ross 0

The United States has witnessed a staggering 18.1% increase in homelessness this year, driven primarily by a severe shortage of affordable housing, devastating natural disasters, […]

Escape to Italy: $1 Homes for Disillusioned American Voters

November 21, 2024 Devanshu Raj 0

A town on the Italian island of Sardinia has spotted a possible opportunity as many communities around the world. It has been unsure how to […]

US Affordable Housing Boost: Terracina at The Dunes Opens in Marina

November 19, 2024 Devanshu Raj 0

In Marina, California, a new development is achieving two important objectives. Terracina at The Dunes, a development by USA Properties Fund. It offers affordable living […]

Bianca Censori Flaunts Bold Style in LA While Shopping

November 15, 2024 Devanshu Raj 0

Bianca Censori returned to Los Angeles after photographers captured her multiple times in Japan recently. Even though she keeps her style consistent wherever she goes. […]

Colliers Engineering & Design Australia Acquires Brisbane’s TTM Group

October 9, 2024 Kanishka Jha 0

Founded in 1982, TTM’s 65 professionals operate from four offices across Australia. Colliers a global diversified professional services and investment management company, announced today that […]

MUDA Land Scam: Big Setback for Siddaramaiah, Karnataka HC Allows Probe

September 24, 2024 Ritika Khara 0

The Karnataka High Court has dismissed Karnataka Chief Minister Siddaramaiah’s petition challenging Governor Thawar Chand Gehlot’s decision to sanction his prosecution in the alleged Mysuru […]

For many, acquiring their own home seems far-fetched, but with the influx of many property developments, many dared and succeeded in getting one. If you've been working for a few years and are looking to invest in your future, now could be the perfect time to buy your first property. The pandemic has accelerated the desire for homeownership, especially among millennials and Gen Z professionals. With people working remotely and spending increased time at home, they have developed a heightened appreciation for personal space and home investments. Many young professionals are now entering the housing market, with condominiums being a popular choice for those seeking modern, convenient living spaces that match their modern lifestyles. Things to consider before buying your first property Accessibility - When choosing a property, consider its proximity to your workplace and public transportation. A condo near major transport hubs, like the LRT or MRT, can save you time and money on your daily commute. Amenities and Lifestyle Fit - Your lifestyle should guide your condo choice. Many modern developments cater to young professionals and couples with features like co-working spaces and fitness centers. Consider these factors, as they can greatly enhance your living experience and convenience. "I always wanted to have my own place, but with my salary of around ₱44,000 a month, I wasn't sure if it was possible," Kyla, a 30-year-old marketing professional shared. "But after researching different options, I realized that condos were a great fit for me. It is secured, near my work area, and has amenities that I can enjoy." Kyla added, "Finding home loan options that suit my budget is a win. It feels great and fulfilling that I get to realize one of my bucket lists of owning my own space." Unit Size and Future Needs - Think about your long-term plans when choosing a unit size. If you're single or part of a couple, a smaller space might suit your needs. However, if you foresee starting a family, consider how much space you’ll need in the future to accommodate this lifestyle change. For Marj (32 years old) and Ken (33 years old), a newly-wed couple, getting their own space is a must. “After months of searching and planning, we finally found the ideal unit that we could call our own. We really saved up for our down payment and searched for a bank that could give us reasonable loan options. We get to enjoy our own space without the need to stretch our budget. Our combined salaries really made a difference on this journey,” the couple shared. Pricing - Condo prices can vary based on several factors, including the type and size of the unit. Pre-selling units tend to be more affordable, making them a popular choice for first-time buyers, while ready-for-occupancy condos are typically priced higher due to their immediate availability. "I’ve been sharing a rented condo unit with a friend for a few years already, so I thought that maybe it’s time to get my own space." Sarah shared, a 28-year-old graphic designer with a salary of ₱38,000 per month. "With my studio unit, it provided the perfect balance of affordability and privacy. Not only that, I get to be more creative with having my own space." Financing Your Dream Condo For many young Filipinos, especially those in the early stages of their careers, condo ownership might seem out of reach. However, with proper financial planning and the right home loan, you’ll be surprised at how simply attainable it is. PSBank offers a range of home loan products with faster approvals, flexible terms, and attractive benefits. Their streamlined process, which provides credit decisions in as little as one day*, ensures that buying your first condo can be hassle-free. Whether you’re purchasing from pre-selling developments or ready-for-occupancy units, PSBank home loans make condo ownership accessible and convenient for young professionals.

Simply own it: Things to consider when getting your first property

September 13, 2024 Elijah Lucas 0

For many, acquiring their own home seems far-fetched, but with the influx of many property developments, many dared and succeeded in getting one. If you’ve […]

VTP Realty Residential Projects In West Of Pune

September 10, 2024 Reeti Garg 0

Explore the VTP Realty’s residential projects in West Pune, where luxury meets convenience. From the elegant Earth 1’s unparalleled grandeur and comprehensive amenities to VTP […]

From Concept to Reality: The Role of Architectural Rendering in Project Planning

May 23, 2024 Ritika Khara 0

In the dynamic realm of real estate development, bridging the chasm between conceptualization and realization demands precision, foresight, and an acute understanding of design aesthetics. […]

How to Build a Successful Construction Firm

February 12, 2024 William Johnson 0

The building industry is a sector of the wider economy that is vital for the development of society. Building firms play a key role in […]

Minimum taxes, quick payback, annual return of 5%, excellent infrastructure, and high level - all this is available when investing in the hotel business in the United Arab Emirates. Attractive Emirates Dubai in the 1960s Dubai is a young city that in the mid-20th century was just a village where residents were engaged in pearl diving. However, after the discovery of oil in the mid-1960s, the situation changed dramatically. Investors included entrepreneurs from Europe, the USA, India and Pakistan. Izzzi Life Mint In March, Orange Group acquired apartments in Dubai from Saudi builders, and Izzzi Life Mint became the company's first hotel in the UAE. This development is located in an attractive, tranquil, and clean area known as JVC (Jumeirah Village Circle). This area is a free zone for foreigners where property can be purchased privately. Units for Everyone Izzzi Life Mint is a finished building with a total area of 14.8 thousand square meters. There are five floors, underground parking, and a closed landscaped area with developed infrastructure. READ: Real Estate Market in New York: The Situation Is Stabilizing Apartment prices are available starting from $150,000, which includes a studio room ranging from 27 to 30 square meters with finishes, furniture, and appliances. To purchase ownership, you must pay the entire amount at once. After the transaction, buyers receive a free parking space. Prospects The Izzzi Life Mint complex already has a steady stream of rental income. Investors can start receiving income immediately from the first month after purchase. The Orange Group's investment structure, known as Orange Life, offers a unique condition: investors have the right to live in their apartments for up to three months a year, and this period can be divided. In this case, clients pay only utility bills. The management company takes care of all aspects of settlement and documentation, freeing investors from these worries. The guaranteed profitability of the project is 5% until the end of 2025, and additional bonuses are paid at the end of each year, if the profit exceeds 5%, the difference is transferred to the buyer.

MyDubai.Media: Investing in Dubai Hotel Business

November 6, 2023 Edwin Deponte 0

Minimum taxes, quick payback, annual return of 5%, excellent infrastructure, and high level – all this is available when investing in the hotel business in […]

Building Secure Foundations For Any New Build Investment

September 19, 2023 Yagya Shekhar 0

With their ready-built communities and picture-perfect finishes, moving into a new build can at least seem like a wise option for any homeowner. After all, […]

How shared office space can give you the perfect work-life balance?

July 14, 2023 S Ranjita 0

Achieving a harmonious equilibrium between professional and personal commitments has become progressively more difficult in the contemporary, rapidly evolving society. Numerous professionals are currently exploring […]

Safeguarding the Construction Workforce: Effective Strategies for Ensuring Site Safety

July 7, 2023 Reeti Garg 0

The construction industry, with all its promise and progress, remains one of the most perilous sectors worldwide, accounting for a staggering number of occupational injuries […]

How to Improve the Value and Appeal of Your Apartment Complex

July 5, 2023 Reeti Garg 0

Apartments are booming in popularity. In an age where minimalism is key and people want to live in big cities, it makes total sense why […]

Solitaire Unity Review

June 30, 2023 Reeti Garg 0

After months of searching for an apartment to buy, I came across this housing complex named Solitaire Unity. It was by chance that I got […]

Unveiling the Potential: Investing in Real Estate in the Philippines

June 20, 2023 Angelo Castelda 0

The Philippines, a vibrant archipelago in Southeast Asia, offers a plethora of opportunities for real estate investors. Boasting a robust economy, a growing middle class, […]

Home Owning: What First time Home Owners Should Know

May 2, 2023 Camelia Bhattacharyya 0

Buying your first home can be an exciting and daunting experience. Here in the Philippines, places like the Prana Villas can be good place for […]