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Above:High numbers of Chinese buyers in large Chinese community areas are seeing home prices climb great heights.

House prices in Brisbane suburbs known to have a large number of Chinese residents are experiencing strong price growth, new research shows.

The PRDnationwide research showed that suburbs with big Chinese communities have higher property price growths relative to the average growth of the Brisbane South and greater Brisbane areas.

PRDnationwide national research manager Dr Diaswati Mardiasmo said the reason for this could the tendency of Chinese communities to choose to commune in tight groups.

He said the buyers were based locally, interstate and overseas.

“We are seeing property price growth figures of almost double the area’s average in some Brisbane South suburbs with well-established Chinese communities. In the past five years Robertson’s property price growth was over double the greater Brisbane average,” Dr Mardiasmo said.

Seven suburbs, all located within Brisbane’s southern area, with an average Chinese population of 18.7% were found to have an average house price growth of 11.5% over the past year. This is significantly higher than the average house price growth in Brisbane South and Greater Brisbane, at 5.9% and 4.4% respectively.

The spike in house prices means large Chinese communities offer a good indicator for investors looking for strong performing areas.

“A large Chinese population could be a good indicator that a suburb will continue to experience high levels of price growth, due to a high likelihood that a number of future Chinese buyers and investors will have interest in the suburb,” Dr Mardiasmo said.

Above:The suburb has grown by 27.6 per cent in the last five years and has an average Chinese population of 11.8 per cent. (Photo from Oriental Daily)

Eight Mile Plains Ray White principal Paul Kowtan said about 50 per cent of buyers were Chinese, and the area was booming.

The suburb has grown by 27.6 per cent in the last five years and has an average Chinese population of 11.8 per cent.

“It is a great place to invest. It has the culture and the location that makes it perfect,” Mr Kowtan said.

Source: Domain

Golden Emperor Properties hosted a seminar on UK mortgages and  invited Mr. Jones Chan, Senior Mortgage Advisor of the Bank of China UK, to provide advice and information about mortgage applications. One Regent, a property project in Manchester, was featured and we provided an additional presentation on investing in UK properties to over 300 investors who attended that weekend.

Above: Mr. Jones Chan, Senior Mortgage Advisor of the Bank of China UK, provided a presentation on UK mortgage applications

Above: Golden Emperor provided a presentation on UK property investments to over 300 investors that weekend

Above: The building model of One Regent, a property project in Manchester

Above: Golden Emperor provided an additional presentation on investing in UK properties.

The number of housing valuations increased by nearly 30% between December 2014 and December 2015, demonstrating high buyer confidence and growing demand.

Summary:

• Activity in the UK housing market grew in 2015, with property valuations leaping by 29%
• Properties in the private rented sector experienced the biggest increase, with 86% more valuations in 2015
• Annual growth of rent values in the UK outperformed 2013 and 2014, rising by 5%

Activity in the UK housing market increased by more than 25% during 2015.

The total number of housing valuations carried out in December 2015 had risen by 29% compared to the market in December 2014.

The strong and encouraging annual progress comes despite the typical seasonal dip during winter, where evaluations dropped 17% between November and December, which fell between average historical rate dips.

John Bagshaw, Corporate Services Director of Connells Survey & Valuation, said: “More significantly, the whole property market has enjoyed a strong annual performance. December’s results are a reflection of the ever-increasing demand for homes as investment opportunities, as buy-to-let landlords join home movers seeking to make some sort of profit from their property.”

Annual growth in overall valuation activity has been primarily driven by the strong performances seen from the rental and remortgaging sectors. Between December 2014 and December 2015, the number of valuations conducted for properties in the private rented sector soared by 86%, while over the same period valuation activity among those looking to remortgage rose by 34%.

The increase in valuations during 2015 demonstrates the growing confidence within the property market and continued strong demand, especially in the private rented sector, which experienced the largest increase.  The annual growth in average rental values across the UK, excluding London, grew by 5% – higher than in 2013 and 2014, with the sector set to experience further growth in 2016.

Source：Select Property

Summary:

• Growth puts 300,000-pound average price in sight for 2016
• Prime London market suffers after 2015 property-tax changes

U.K. house prices rose for a 12th straight month in December and may hit an average 300,000 pounds ($433,000) this year if the current rate of growth continues, according to LSL Property Services Plc and Acadata.

Average values rose 0.6 percent last month to a high of 292,077 pounds, the groups said in a report on Thursday. An imbalance between supply and demand is driving price growth, with values jumping 6.6 percent in 2015 as a whole.

“The rising tide of property prices has been propelled so far by a sinking supply of houses coming onto the market, compared with increasing inquiries from potential buyers,” Adrian Gill, director of Reeds Rains and Your Move estate agents, said in the report. “We may subsequently see prices surge further during the first quarter of 2016.”

Nationally, housing transactions totaled 85,000 last month, the highest for a December since 2006. With such demand, LSL and Acadata said, average prices should pass the 300,000-pound level by May.

In the report, LSL and Acadata highlighted 2015 as a good year for homeowners, apart from those with properties in prime London locations. Values in central London fell 8.7 percent last year as higher stamp duty on purchases of the most expensive homes curbed demand.

That tallies with Bloomberg analysis of Land Registry data showing the median sale price of a home in SW1, the London postcode that includes Belgravia and St. James’s, fell by more than a fifth in the 12 months through November.

Source: Bloomberg Business

Above:Spinningfields, Manchester

Manchester has been revealed as the city outside of London, which has attracted the highest level of commercial property investment over the past 10 years, securing an impressive £8.2bn.

A new report published today by global property advisor CBRE, Core Cities, Core Strengths, shows that Manchester secured £8.2bn of commercial property investment in the past decade, putting it ahead of Birmingham (£6.5bn) and Glasgow (£5.3bn).

In total £44.4bn was invested across the 12 cities analysed in the report, the first of its kind to compile this level of detail.

The report identifies the key factors behind a city’s success: civic leadership, talent in growing sectors, quality of life and ‘placemaking’, and infrastructure, provides a detailed review of the main city property markets outside London, and explores the opportunities and risks of devolution.

Above:Great Northern, Manchester

In total, the regions beyond London and the South East account for almost 60 per cent of all UK commercial real estate transactions.

The findings show that investors have diversified their property holdings as part of the recent economic recovery with emerging investment sectors such as healthcare and student housing increasing their share of the market.

Prior to the financial crisis, these assets accounted for 3 per cent of investment; this has trebled to around 10 per cent of total investment volumes today.

Overseas investment into the regions has also reached its highest level since 2007, with the first nine months of 2015 seeing twice as much investment as in the whole of 2013.

Political support has helped this growth, with Prime Minister David Cameron referring prominently to the ‘ Northern Powerhouse’ concept during a recent visit to China, and President Xi’ s visit to Manchester during his own visit to the UK.

Above:Victoria station

Colin Thomasson, Executive Director at CBRE Manchester comments: “Over the last 10 years, Manchester has established itself as a major European city of commerce attracting investment from all over the world.

“The city boasts unrivalled transport infrastructure , world renowned universities and cultural and sporting facilities which are the envy of the rest of the UK.

“Manchester is set for an exciting time in the years ahead which can only be further strengthened by the recent announcements in respect of the ‘Northern Powerhouse’ and devolution’.”

Manchester ’s successful period of investment transactions over the last 10 years has been driven by a number of drivers including:

• Location – recognised around the world for its commerce, culture and sports. The largest and fastest growing regional capital in the UK
• The city has the biggest financial employing 250,000 people and is home to 80 of the FTSE 100
• Over 100,000 students over five universities – one of the largest student populations across Europe
• Connectivity – world class multi-modal integrated transport infrastructure
• The city has experienced high levels of investment from around the globe – major strategic developments include Airport City, Noma, MediaCityUK

Source:Manchester Evening News