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How a medical doctor became a property entrepreneur and built three businesses

Walton Chu began his working life as a medical doctor in China, today he is the CEO of three businesses - TeamLink, Home789 and UFN.

National

Design

Factoring climate risk into property development

Mickael Roger of PropHero talks about why investors should also be thinking about climate risk.

National

The Economy

John McGrath – Renovated homes in demand as new builds and renovations delayed

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, with a shortage of raw materials and tradie labour along with rising costs, renovating or building a new home has become challenging.

New South Wales (NSW)Sydney

Featured Property

Tranquil Woollahra Victorian for sale - The Agency

82 Ocean Street Woollahra for sale by Ben Collier of The Agency is a stroll away from the cafes, boutiques and galleries of Queen Street.

National

The Economy

New housing loan commitments continue to fall as home affordability issues intensify - REIA

The latest ABS figures show new housing loan commitments fell 6.4% in April to $31 billion with the value of new housing loans falling to 7.3% for owner-occupier lending and 4.8% for investor lending.

New South Wales (NSW)Sydney

Two gems in Sydney Eastern Suburbs sold - The Agency

28 The Avenue Randwick and 16 Wolseley Road Coogee sold by Bethwyn Richards of The Agency.

Victoria (Vic.)

G-SEC Security offers peace of mind for high-end property owners

Kay & Burton Concierge partner, G-SEC Security provides comprehensive security to one of the largest client bases in Victoria.

Queensland (Qld)Brisbane

Featured Property

1,215sqm Clayfield estate 'Surrey House' on Oriel for sale - Place

62 Oriel Road Clayfield for sale by Drew Davies and Carter Lagana of Place Ascot offers magnificent proportions and stunning character charm close to Brisbane CBD.

Queensland (Qld)Brisbane

Featured Property

1,642sqm of Sherwood riverfront for sale - Place

16 Douglas Street Sherwood for sale by Ann-Karyn Fraser of Place New Farm offers a private sanctuary with tranquil river views.

Queensland (Qld)Brisbane

Featured Property

Paddington ‘Vogue’ by Joe Adsett & Graya sold for $4.2m - Place

6A Agars Street Paddington sold by Drew Davies and Carter Lagana of Place Ascot offers architectural inner-Brisbane family living.

Pages

News Roundup

https://www.mingalarrealestateconversation.com/news/2018/07/03/colliers-international-myanmar-announces-new-deputy-managing-director/1530572151

Colliers International Myanmar announces new Deputy Managing Director

Colliers International has recently announced the appointment of Karlo Pobre as Deputy Managing Director for Myanmar.

Mingalar Real Estate Conversation

https://www.retalkasia.com/news/2018/07/03/attractive-opportunities-chinas-investment-property-market-colliers-international

Attractive opportunities in China's investment property market - Colliers International

Despite rising economic risks and full valuations, Colliers International reveals in China Investment Property Report that market continues to offer attractive opportunities.

RETalk Asia

https://www.thehotelconversation.com.au/news/2018/07/03/120m-little-national-hotel-sydney-wynyard-station-approved-doma-group/1530570041

$120m Little National Hotel Sydney Wynyard Station approved for Doma Group

Canberra developers, Doma, have received development approval to bring a $120 million 230-room Little National Hotel to Sydney’s CBD - expected to open October next year.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2018/07/04/mystery-businessman-spends-500k-revitalise-gold-coast-suburb/1530651696

Mystery businessman spends $500k to revitalise Gold Coast suburb

The businessman is now seeking the right person to take on the project, with everything from the name, concept, menus and even terms of ownership up for discussion.

The Business Conversation

https://www.thehotelconversation.com.au/news/2018/07/04/auckland-britomart-hotel-be-managed-tfe-hotels/1530668061

Auckland Britomart Hotel to be managed by TFE Hotels

Construction has begun on a new luxury hotel in Auckland’s most vibrant urban neighbourhood, Britomart - The 99-room hotel designed by Cheshire Architects and managed by TFE Hotels, is expected to open early 2020.

The Hotel Conversation

https://www.rethinktokyo.com/2018/07/04/average-prices-second-hand-apartments-metropolitan-areas-japan

Average prices of second-hand apartments on the rise in major metropolitan areas

Prices for Japan's Kanto, Kansai and Chubu regions are on the up, with a couple of exceptions.

REThink Tokyo

https://www.thehotelconversation.com.au/news/2018/07/02/da-approved-george-street-sydney-cbd-hotel-site-sale-mcvay-real-estate/1530531990

DA Approved George Street Sydney CBD hotel site for sale McVay Real Estate

The site at 312 - 318 George Street Sydney, opposite Wynyard Station and fronting Sydney CBD’s main pedestrian and light rail thoroughfare, is for sale by Sam McVay and Dan McVay - boasting DA approval for the construction of a new 16 level, 195-room hotel.

The Hotel Conversation

https://www.retalkasia.com/news/2018/07/02/location-design-and-services-rate-highly-office-tenants-cbre-thailand/1530486001

Location, design and services rate highly for office tenants - CBRE Thailand

CBRE Research Thailand outline the important factors tenants regard when selecting office space in Bangkok, and the evolution of Bangkok's office market.

RETalk Asia