Jan 2016 | Issue 16/01/06   

Editorial Article
Australia Real Estate Investment: Should We Or Should We Not?
I think it is a good time to invest in Australia market. Many factors are in favour of this. Let’s discuss this…

Ever Popular With Singaporeans
Singaporeans have been sending their children to Australia to further their studies. Many will invest for their children to live and study there. These children will grow up in Australia loving the country, wanting to live or invest more there.

Many local families have and will continue to migrate there, preferring the slower pace of life over there. With 4 cities in Australia being the top 10 most liveable cities in the world - Sydney, Melbourne, Adelaide and Perth, Australia will continue to be one of the top choices for foreign property ownership among Singaporeans.

Low Interest Rate
Reserve Bank of Australia (RBA), Australia’s central bank has lowered interest rate twice this year to boost economic growth. With the slow down
in China, Australia economy is much affected. China is buying much lesser natural resources from Australia affecting the GDP growth. Many believe the interest rate may go lower, creating a good environment for property investment.

Weak Currency
RBA has continued to stress the need for Aussie dollar to be weak. Besides lowering interest rate, they hope a weak currency will also create jobs.

This in turn has created a good opportunity for us to invest there. A weak Australian dollar against Singapore dollar will mean we could get more out of Australia properties. However, Australian dollar cannot remain weak forever. Let’s say in 3-5 years time, when China economy recovers, Aussie economy will also pick up. By that time, Australian dollar may appreciate again.
 
If this happen, it will create a good window for us to exit our investment possibly making both gains, namely, investment gain and currency gain.
Chinese Are Buying
By now, no one can dispute that anything Chinese starts buying, prices will have to rise. The spending power of the “fast” rich Chinese has become a world’s desire. Chinese has started to invest in Australia properties in these few years causing prices to rise. I predict there will be another 3-5 years of strong interest from Chinese buyers, creating another window of opportunity.

Consider Australia when you are thinking of an overseas property investment, see you there…I am going!
 
David Poh, CEO
 
Recent Caveats
Address Project Sold On Sale Price (S$) S$ PSF Bought On Holding Period (y) Profit (S$)
1 Ann Siang Hill    06-10-15 3,168,000 5,069 13-02-02 13.7 2,168,000
10 Anson Rd #32-10   13-10-15 1,918,800 2,050      
158 Cecil St    26-06-15 240,000,000 20,848      
40++ Duxton Hill    24-08-15 19,600,000 7,720 14-07-06 9.1 15,552,381
57 Duxton Rd    18-06-15 7,000,000 6,119      
31 Hongkong St    20-07-15 14,450,000 8,276 29-09-09 5.8 7,250,000
39 Kreta Ayer Rd    25-06-15 7,200,000 4,557 01-09-09 5.8 4,450,000
31 Neil Rd    12-08-15 6,000,000 4,598 05-03-12 3.4 2,500,000
57 Neil Rd    15-07-15 4,500,000 3,244 22-10-10 4.7 1,750,000
37 North Canal Rd    29-06-15 18,000,000 10,411 21-09-11 3.8 13,390,000
31 Pagoda St    04-09-15 9,500,000 7,257 01-03-96 19.5 6,000,000
72 Smith St    15-10-15 4,500,000 4,018      
15 Stanley St    03-09-15 8,800,000 5,748 23-09-10 5.0 3,800,000
120 Telok Ayer St    19-10-15 10,500,000 8,944 13-04-07 8.5 6,700,000
122 Telok Ayer St    19-10-15 7,700,000 6,772 04-07-14 1.3 500,000
11 Collyer Quay #01-24 The Arcade 17-07-15 2,850,000 7,580 07-04-10 5.3 550,000
6 Eu Tong Sen St #06-09 The Central 21-07-15 1,700,000 2,677 21-09-12 2.8 225,000
6 Eu Tong Sen St #06-15 The Central 17-07-15 1,550,000 2,441 10-08-12 2.9 130,000
6 Eu Tong Sen St #11-08 The Central 09-06-15 1,800,000 2,835 11-06-08 7.00 550,000
6 Eu Tong Sen St #11-10 The Central 13-10-15 1,790,000 2,819 18-04-08 7.5 647,000
140 Robinson Rd #11-01+ Crown @ Robinson 25-08-15 12,551,540 3,502      
60 Eu Tong Sen St #01-24 Furama Hotel 21-09-15 636,000 1,555      
20 Cecil St #17-05 GSH Plaza 04-06-15 4,751,132 3,504      
20 Cecil St #17-06 GSH Plaza 28-07-15 4,396,712 3,462      
20 Cecil St #17-07 GSH Plaza 28-07-15 3,209,981 2,926      
20 Cecil St #17-08 GSH Plaza 28-07-15 4,135,374 3,126      
20 Cecil St #26-01+ GSH Plaza 29-06-15 31,634,134 3,055      
2 Havelock Rd #02-03 Havelock II 01-10-15 15,417,000 2,085      
2 Havelock Rd #04-13 Havelock II 16-06-15 3,320,000 2,043      
2 Havelock Rd #05-03 Havelock II 10-07-15 993,000 2,495      
2 Havelock Rd #05-13 Havelock II 29-06-15 1,774,000 2,460      
2 Havelock Rd #07-25 Havelock II 27-07-15 972,000 2,663      
2 Havelock Rd #07-26 Havelock II 27-07-15 931,000 2,706      
2 Havelock Rd #B1-24 Havelock II 11-08-15 1,525,800 5,069      
10 Anson Rd #18-01 International Plaza       09-07-94   929,900
10 Anson Rd #18-01 International Plaza 10-07-15 1,025,000 2,167      
10 Anson Rd #18-02 International Plaza 17-08-15 1,010,000 2,186      
10 Anson Rd #18-16+ International Plaza 08-09-15 1,808,410 1,932 23-08-94 21.0  
10 Anson Rd #19-11 International Plaza 28-09-15 1,779,160 1,901 18-08-10 5.12  
10 Anson Rd #21-11 International Plaza 03-09-15 1,638,000 1,750      
10 Anson Rd #26-09 International Plaza 03-08-15 1,826,112 1,951      
101 Upper Cross St #04-11 People's Park Centre 24-08-15 640,000 1,416      
101 Upper Cross St #04-13 People's Park Centre 28-10-15 580,000 1,349 06-08-94 21.2 380,000
101 Upper Cross St #06-15 People's Park Centre 06-07-15 1,400,000 1,385      
101 Upper Cross St #B1-36 People's Park Centre 23-07-15 768,000 1,985      
1 Park Rd #01-81 People's Park Complex 18-06-15 1,780,000 5,528 24-07-09 5.9 180,000
30 Cecil St #25-01 Prudential Tower 03-08-15 33,414,300 2,740 14-05-14 1.2 5,365,800
30 Cecil St #26-01 Prudential Tower 03-08-15 33,536,250 2,750 14-05-14 1.2 5,243,850
30 Cecil St #27-01 Prudential Tower 03-08-15 33,658,200 2,760 14-05-14 1.2 5,365,800
15 Enggor St #09-03 Realty Centre 22-06-15 1,700,000 1,306 29-04-09 6.1 600,000
160 Robinson Rd #25-02 SBF Center 05-08-15 2,818,200 3,083      
160 Robinson Rd #27-01+ SBF Center 15-07-15 8,829,750 3,050      
3 Shenton Way #12-05 Shenton House 06-10-15 785,046 1,780 26-10-93 22.0 416,544
9 Temasek Blvd #33-01+ Suntec City 24-09-15 30,000,000 2,534      
101 Cecil St #21-11 Tong Eng Bldg 21-09-15 1,191,762 2,580      
101 Cecil St #21-12 Tong Eng Bldg 21-09-15 3,158,238 2,574      
Source: Hiwire Data / URA
 
Latest Happenings
PropNex CES Jun'15 Property Tour Oct'15 Autun Project Launch CPCI Nov'15
PropNex Consumer Empowerment Seminar
Jun 2015
Property Tour for Agents Oct 2015  Project Launch of Autun in Melbourne Nov 2015 CPCI Nov 2015

 Testimonials 
Thank you for the very comprehensive commercial property programme. It is difficult to cover every aspect of this very dynamic property sector in any programme. The 4 days are power-packed already, & as you have said, it's just the beginning of a learning journey. Appreciate your unselfish sharing.

I also appreciate that you've spared time to do charity as part of the training programme. It's so important to also develop one's conscience & value system while earning a living. All the best!

Elsie Cheng, Class of Sep'15
Property Agent
I think the course outline is very well structured and informative. I learnt a lot on commercial real estate and understand why it should be a preferred investment option compared to residential. I believe that building a portfolio of commercial real estate is the way to go to accelerate myself to financial freedom, after listening to David's views and analysis on the commercial real estate scene.

Darius Ong, Class of Oct'15
Property Investor
Grateful for this eventful 3 days. I am not an online (IT) savvy person. I enjoy the program as it is structured in an easy to learn, understanding manner. It is not totally all IT and IT terms. I may not master all that was taught but certainly learnt a great deal of online activities in a simplier ways/ manner.

Joanne Chee, Class of Oct'15
Property Agent
To share your testimonial, write in personally to David Poh at: davidpoh@dpgroupi.com
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