#Malaysia ! Investment Opportunity!

OSK Property Proudly Unveils ANYA at Shorea Park

OSK Property (“OSKP”) officially introduces the latest addition to its Shorea Park integrated master development in Puchong, offering a modern and vibrant lifestyle for multigenerational families, surrounded by elements that promote and cultivate healthy living. 

 Designed to co-exist with Nature, ANYA at Shorea Park is inspired by the element of wood and offers the opportunity for multigenerational living, while ensuring top-notch privacy through its dual-key concept units.

ANYA at Shorea Park is a 3.90-acre development of freehold serviced apartments that offers 750 residential units in four (4) practical, spacious and flexible designs for discerning homebuyers.

Built-up sizes for each unit range from 560 sq. ft. to 1,389 sq. ft. encompassing layouts of 1+1 to four (4) bedrooms and one (1) to three (3) bathrooms, and up to three (3) parking bays. Prices start from only RM250,000.00*.

ANYA at Shorea Park is strategically located within the Shorea Park master development, sitting on 27.7 acres of freehold land with an estimated Gross Development Value (“GDV”) of RM1.76 billion. The overall Shorea Park development comprises four (4) phases of serviced apartments complemented by commercial components.

 OSKP Chief Executive Officer, Mr. Ong Ghee Bin, said that the launch of the new phase of Shorea Park is perfectly timed to meet the strong demand for affordable properties, with a focus on developments that are aimed at first time homebuyers, young families and those who wish to upgrade their existing homes.

“We are humbled by the encouraging response received for the first phase of Shorea Park, known as MIRA at Shorea Park, which was unveiled in September 2021. All units in MIRA at Shorea Park have been sold. Our development with its strong value proposition has attracted many first-time homebuyers who are looking to live in a mature neighbourhood. We have also observed that the majority of our buyers are purchasing for their own stay”.

“With our second phase, known as ANYA at Shorea Park, we believe the project will continue to fetch strong interest from many growing families and family-oriented individuals who wish to live within the Puchong locale that comes with great convenience for its established amenities, easy access and public transport.”

“Given ANYA at Shorea Park’s more spacious and flexible layouts, as well as an attractive pricing, we are confident that it will continue to meet the needs of homebuyers and upgraders who are looking to settle down in a matured community where everything is just a stone’s throw away,” added Ong.

Fully equipped with 24-hour security, ANYA at Shorea Park provides residents with absolute peace of mind. Furthermore, its myriad of holistic facilities is specially curated to promote wholesome living amidst the hustle and bustle of city life.

Staying fit will not be an issue with the gymnasium, fitness corner with outdoor fitness stations, and a jogging track in the development. A badminton court and half-basketball court are included for residents to enjoy high adrenaline workouts. Not to mention, residents may also clock in laps in the 50-metre swimming pool or just enjoy a leisurely dip in the evening.

Alternatively, one can just sit back and relax in the hydrotherapy spa or the sauna after a long day at work. Fun for the little ones means a splashing good time at the wading pool and kid’s playground. Get-togethers with family and friends are a breeze with a delicious barbecue session at the BBQ area, an activity one can definitely look forward to here.

For those who love to be close to nature, the latest phase also features a meticulously landscaped garden, a multi-purpose lawn, and an aromatic herb garden at the facilities podium that will certainly impress.

If reading a book with a cup of coffee is the next best thing for a relaxing weekend, perhaps one can unwind at the Sky Lounge and simply take in the breathtaking views of the Puchong skyline. Other family-centric facilities offered include a cafe, game room, reading room, launderette, co-working space, as well as prayer rooms.

Among the key advantages of being surrounded by a thriving, matured township definitely is its easy connectivity. ANYA at Shorea Park is well served by major highways in the Klang Valley including the South Klang Valley Expressway (SKVE), North-South Expressway Central Link (ELITE), and Maju Expressway (MEX), and the Damansara-Puchong Expressway (LDP), Shah Alam Expressway (KESAS), and the MRT Line 2.

Residents will be spoilt for choice when it comes to commercial offerings, which include Tanming Boulevard, Lotus Extra Bukit Puchong, AEON BIG Puchong Utama, IOI Mall Puchong, and IOI City Mall. For school-going children and young adults, ANYA at Shorea Park is also close to private and public education institutions such as SJK (C) Sin Ming, SK Pulau Meranti, SK Puchong Utama 2, SMK Puchong Utama 1, and Taylor’s International School Puchong, while medical establishment such as the Columbia Asia Hospital Bandar Puteri and KPMC Puchong Specialist Centre are just within a 15 km radius away.

Don’t miss out on this once-in-a-lifetime opportunity to purchase your dream home and be part of a well curated master development at Shorea Park. For further information on ANYA at Shorea Park, please call 018-311-8880 or visit www.shoreapark.com.my

Source: https://www.iproperty.com.my/news/osk-property-proudly-unveils-anya-at-shorea-park-84109

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#NewZealand ! Auckland businessman prepares to take $1.3m hit on Mission Bay penthouse

He bought the apartment in 2021 for $5m, now he’s selling with a declared reserve.

An Auckland businessman is preparing to take a $1.3 million hit on his Mission Bay penthouse apartment after paying $5m for it almost two years ago.

The near-new three-bedroom, three-bathroom luxury apartment is being sold at auction next month with an advertised reserve of $3.7m – significantly less than its CV of $5.2m.

Brien Cree purchased the 194sqm penthouse at 404/250 Kepa Road during Covid-19 when he and wife Jill made the decision to spend more time at their Omaha property and use the apartment as a city base.

But their plans have since changed and they have bought a house in the area after deciding to live in Auckland permanently to be close to work and their grandchildren.

“It’s really a case of it’s not fit for our purpose now so we’ve bought another house and really it’s a property now that’s just not required,” Cree said.

“I’ve just got to face the reality that the market has shifted and we want to sell it so we will make sure it’s attractive in the current market,” he said.

Cree has decided to sell it while it is still in an immaculate condition rather than renting it out and risk it being damaged.

“It’s just we got caught in the market – we bought on the high and we are selling on the low and that’s life.”

The property was for sale for a short-time last year, but they have now dropped their price expectation.

“At the time we were looking for sort of a full price via what we paid and that’s not the case now.”

Cree said he’s had lots of ups and downs through his life, but had worked hard and his loss would be someone else’s gain.

“Really, it’s such an amazing apartment that it needs someone living there who really enjoys it.

“Basically, what’s going to happen is someone is going to come along I think and recognise that it’s actually a bargain. But we did very well buying the house that we bought and it’s just the reality – you buy and sell in the same market and you are no worse off really.”

Ray White listing agent Andrew Fava said he would be flabbergasted if the apartment didn’t sell at auction on March 8.

“It’s just an absolute deal. At that reserve its $1.3m under what he paid for it and $1.5m under the RV.”

Apartments in both the Horizon and neighbouring Outlook apartment blocks are selling for $24,154 per sqm which, he said, would value the penthouse at $4.589m.

“We are hoping it will sell with a four in front of it every day of the week.”

Fava said it is a “phenomenally” high-spec apartment with floor-to-ceiling windows looking out to Rangitoto that would suit empty nesters or baby boomers who live locally and are wanting to downsize.

The fully automated smart home includes electric blinds, lights, audio and video, zoned heating and cooling, and has triple glazing in the main bedroom to block out any road noise.

It also has a lift that opens directly into the apartment, an enclosed garden and a unique lockable garage within the underground carpark.

“Just walk-in. There’s absolutely nothing to do.”

Source: https://www.oneroof.co.nz/news/43057

#Spain ! Madrid is now the fourth most attractive city in Europe for real estate investments

The market is predicting that 2023 will be a year full of uncertainties and that the real estate sector will suffer the effects of inflation, interest rate rises, the economic slowdown and the energy crisis. According to forecasts, the coming months will see a slowdown in transactions and an adjustment in property values, although this scenario will also provide new investment opportunities, especially in large cities. Let’s find out what all of this means on a European scale and find out about how Madrid is now the fourth most attractive city in Europe for real estate investments.

In the case of Europe, according to the report ‘Trends in the real estate market’ prepared by the consultancy firm PwC and Urban Land Institute (ULI), based on a survey of more than 1,000 agents in the sector (from banks to real estate companies and investment funds), international capital is going to focus on the most liquid and mature markets.

“Investors are not gambling and are going for stable markets, just as they are looking for the most resilient assets,” says Antonio Sánchez Recio, partner in charge of the Construction, Real Estate and Services cluster at PwC.

Proof of this is that, in the 2023 edition, London leads the ranking of the most attractive European cities to invest in real estate, followed by Paris and Berlin. Madrid is a surprise and is placed in fourth position, after climbing two places compared to last year’s ranking, while Barcelona repeats in ninth position. In both cases, they have improved four positions in the last two years. The 2023 top 10 also includes Munich, Amsterdam, Frankfurt, Hamburg and Milan.

Richard Garey, partner in charge of Deals at PwC Real Estate, says that London remains at the top of the European list because the British capital “is further away from the impact of the war in Ukraine”, considered the main current social and political risk for large international investors, and because it is “the largest European real estate market”.

In the case of Paris, which has moved up one position compared to the 2022 ranking, Garey highlights that the French capital is becoming very attractive due to the celebration of the 2024 Olympic Games and the investments it is attracting. As for Berlin, he pointed out that it benefits from the fact that Germany is considered to be the safest country in Europe and that it is a city that has been little damaged by the impact of the conflict between Russia and Ukraine.

In the case of Madrid and Barcelona, Garey maintains that “those surveyed highlight that they have a lot of urban growth, the lack of supply in the face of high demand in markets such as residential, the quality of logistics and office assets, or the weight and projection of renewable energies”, at a time when energy infrastructures have become the most attractive real estate asset for investment, driven by the current price crisis.

Source:

https://www.msn.com/en-xl/news/other/madrid-is-now-the-fourth-most-attractive-city-in-europe-for-real-estate-investments/ar-AA17svzm

New Project In #Belgium

New project: MOTOWN PARC

NEW CHALLENGE for TREVI! Start of the marketing of the splendid MOTOWN PARC project. 

64 flats facing the Scheutbos nature reserve in Anderlecht. A project that plays with the boundaries between nature and architecture.

An exceptional living environment that will certainly motivate our buyers and our sales team to make a success of this collaboration with MOTOWN. 

Flats with a luxurious, warm and timeless atmosphere

To discover: www.motownparc.trevi.be