Tokyo is one of Asia&rsquo;s most exciting and dynamic cities, and home to 14 million people. As the capital of Japan, it is the economic and political heart of the country. And it is also hosting the delayed 2020 summer Olympic games this year.With such strong fundamentals, it comes as no surprise that demand for real estate in Tokyo remains bullish.High-rise condominiums are extremely popular in Tokyo where buyer activity has been relatively unaffected by the Covid-19 pandemic. Low interest rates and tax breaks have helped sustain property demand during this period.Contrary to the trend in major cities where there was an exodus to the suburbs during the pandemic, Tokyo has seen the reverse, with an increased demand for new developments in central locations as people look to reduce their commuting times.In summary, Tokyo boasts a resilient and healthy property market.&nbsp;Beautiful neighbourhood of ShibauraLocated in the Minato ward in the south of Tokyo is Shibaura, a beautiful neighbourhood located&nbsp;between the eastern side of the&nbsp;<a href="https://en.wikipedia.org/wiki/Yamanote_Line" target="_blank" title="Yamanote Line">Yamanote Line</a>&nbsp;train and Tokyo Bay.Why did we choose this area for property investment?Continue reading!&lsquo;Shibaura&rsquo; has great investment potential and is expected to see further growth due to multiple ongoing redevelopment projects. It is also a beautiful and enjoyable place to live in with the stunning&nbsp;Rainbow Bridge, scenic canals, and a futuristic cityscape.It is also well connected, being close to the busy Yamanote Line and the Mita subway station.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1617186444/olmwebcontents/ip/prod/oo0xjvpmxksduaozynar.jpg" />View from Tamachi Station&nbsp;The famous "Keio University", a leader in education, research and medicine, is near Mita Station, making it popular with university students.&nbsp;<img alt="" height="338" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1617186497/olmwebcontents/ip/prod/dhab7iwapc4akmhtuwts.jpg" width="602" />Keio University&nbsp;&nbsp;&nbsp;Shibaura consists mostly of artificial islands created by the excavation of industrial canals in the early 20th century. It was developed into a residential and commercial area as early as the early 2000s, and many corporate headquarters are now located at the area.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1617186611/olmwebcontents/ip/prod/wuk7slmj1nufp75xtkbb.jpg" />Shibaura House&nbsp;The thriving community has excellent living facilities including parks, schools and supermarkets. As a result, the bay area is now very popular with middle-, and upper middle-class buyers and renters.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1617186665/olmwebcontents/ip/prod/il1iid71bcsmycz78fem.jpg" />Canal side&nbsp;End of the RainbowNearby, and adding to the district&rsquo;s attractiveness, is the symbol of Tokyo Bay - Rainbow Bridge, a suspension bridge crossing the northern part of the Bay. It is located between Shibaura Pier and the Odaiba waterfront development in Minato.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1617186813/olmwebcontents/ip/prod/hvnvmzabfzdpeclitbtq.jpg" />Rainbow Bridge&nbsp;Conveniently located along the road from Tamachi station to the Rainbow bridge is a vibrant scene of supermarkets, restaurants, and stores. Residents and visitors enjoy the attraction of the Shibaura Canal Festival every September and the beautiful blossoms of sakura flowers in Spring.Shibaura South Port Park is a scenic marine park under the Rainbow Bridge, which can be enjoyed during the day or night. This is where many Tokyo residents come to enjoy the first sunrise of the new year on January 1 and the park has open spaces, benches and a sports plaza where you can play baseball and football.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1617186858/olmwebcontents/ip/prod/sp720vrfd0gmkq4hwwds.jpg" />Park (under the bridge)&nbsp;Investment opportunity: Branz Tower ShibauraWithin this bustling and exciting district, Tokyu Land Corporation has developedBranz Tower Shibaura, a high-end residential building located in Minato-ku.Situated in the center of Tokyo, the development allows residents to gain easy access to vibrant Shibuya, Ginza Shopping area and Otemachi, Shinbashi Office area.The freehold development consists of 32 floors and 482 exclusive apartments. The tower is also equipped with impressive facilities for residents including a crown terrace, crown lounge, fitness studio and guest rooms.With these facilities and its excellent location in one of Tokyo&rsquo;s up-and-coming districts, Branz Tower Shibaura is sure to be a highly sought-after private residence this year.And with Tokyo back on the global stage again this year as it hosts the summer Olympics, the timing couldn&rsquo;t be better.&nbsp;&nbsp;To find out more about this exciting development join our live webinar&lsquo;Let&rsquo;s Talk Property: Spotlight on Tokyo&rsquo;&nbsp;on Thursday, 15 April 2021 at 6pm.<a href="https://internationalresidential.jll.com.sg/event-calendar/15/apr/2021/spotlight-tokyo">Register here</a>&nbsp;We will talk about the Tokyo property market, the impact of redevelopment in Shibaura and also introduce Branz Tower Shibaura to the Singaporean investors.Contact JLL directly for more information:&nbsp; +65 9671 9583 /&nbsp;<a href="mailto:internationalresi@ap.jll.com">internationalresi@ap.jll.com</a>&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1617186941/olmwebcontents/ip/prod/msiibsv8c8wm0da8qjbm.jpg" /><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1617186947/olmwebcontents/ip/prod/bgbtiryvwwko9motwg02.jpg" /><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1617186954/olmwebcontents/ip/prod/ugmq2ggwwzrvpofwo4x5.jpg" />

Where to buy a property in central Tokyo? Our pick: the Tokyo Bay area – Shibaura. Read more to find out!

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Thanks to the university, Cambridge is seen as a hotspot for research, science and technology, which encourages leading companies to set up operations in the city and its suburbs (Astra-Zeneca, Microsoft and GSK).After all, Cambridge is the home of world-changing discoveries such as the structure of DNA. But how attractive is the property market there?&nbsp;Cambridge tops the charts for property investmentWhile Cambridge has a global reputation due to its university, there&rsquo;s a lot more to this UK city than just a world-class education. It also has a thriving economy comprising leading hospitals and a science park that attracts global companies.Having a world-renowned university comes with many benefits. Beyond the rental demand created by its large student population, the congregation of experts at the University of Cambridge has also created a research and development hub, bringing in professionals, scientists and international investors to the city.As a result, there is a continuous demand for property in Cambridge and the surrounding area.&nbsp;StudentsThe student population at Cambridge is enormous, with 20,000 students at the University of Cambridge and 22,000 students at Anglia Ruskin University.Around one in five residents in Cambridge are students, including undergraduates and postgraduates undertaking study and research.Moreover Cambridge also has a number of good schools catering to all age group with both state and private schools available.&nbsp;Global companiesThanks to the university, Cambridge is a hotspot for science and technology research, encouraging leading companies to set up operations in the city (Astra-Zeneca, Microsoft and GSK). After all, Cambridge is the home of world-changing discoveries such as the structure of DNA.Home to the Cambridge Biomedical Campus, one of the largest centres of health science and medical research in the world, Cambridge is also a technology hub, boasting a large cluster of high-tech businesses from software, electronics and biotechnology to science and engineering, harnessing the very best talent from the University and beyond.Cambridge&rsquo;s science parks are a partnership between the university colleges and businesses. Together, they have helped make them a world leader in futuristic industries like software and biotechnology.These have all brought highly-skilled, well-paid jobs to Cambridge and created huge demand for real estate.Addenbrooke&rsquo;s Hospital is a major teaching hospital and a world leader in medical research, along with nearby Royal Papworth Hospital. Both are huge employers with several thousand medical staff, researchers and support staff working there.The Cambridge economy has regularly been the fastest-growing economy within the UK and is likely to remain so in the future.&nbsp;ConnectionsCambridge is already well connected, being close to two major motorways and just 50 minutes from London by Thameslink train. A new railway line , the East-West Rail project, is planned to be built within the next decade, connecting it to the cities of Oxford and Milton Keynes.A new motorway-standard road, the Oxford-Cambridge Expressway, will also connect Cambridge to the M1 and Oxford.&nbsp;Property marketGiven the high demand and limited supply, Cambridge&rsquo;s house prices are some of the highest in the UK. Property prices have risen 85% since the 2008 global financial crisis, putting it among the highest in the UK&rsquo;s major cities including London.In 2020 there has been a 9% increase in new sales compared to 2019 (Zoopla). Rightmove has recorded it's busiest ever start to a new year in 2021, with visits to the site up 30% compared with a year ago. Buyer enquiries to agents are currently up 11% year-on-year, rental enquiries up 22% (02.01.21-06.01.21 v 04.01.20 -08.01.20). According to ONS, average rental values across the UK rose by 1.4% in the year to November. The South West had the largest increase (2.3%) and Scotland had the smallest increase (0.6%)&nbsp;(source: JLL Research, 2021).With particularly strong demand for rented homes, Cambridge properties can earn landlords some of the highest rents in the country.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1616504818/olmwebcontents/ip/prod/Cambridge_image002.jpg" />&nbsp;North West Cambridge DevelopmentThe North West Cambridge Development is the most significant capital project in the University&rsquo;s history.It is set to be a billion-pound urban district and the masterplan includes architecture that has been inspired by Cambridge: college courts, active street life, homes, research facilities, parks and amenities needed to sustain a city.The first phase of this development, Eddington district is already hugely successful, with plenty more to come.&nbsp;<img alt="" height="440" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1616504819/olmwebcontents/ip/prod/Cambridge_image003.jpg" width="752" />&nbsp;Eddington and the wider North West Cambridge Development seeks to secure the University&rsquo;s long-term future and contribute to the City&rsquo;s growth by providing homes for key workers, students and the public in a vibrant place to live.It is a vibrant, new community with a school, nursery, shops, market square, sports facilities and more than 50 hectares of open space for residents to enjoy. It has been carefully planned to minimise its environmental impact with a forward-thinking approach to travel, energy, landscaping and construction.&nbsp;<img alt="" height="440" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1616504818/olmwebcontents/ip/prod/Cambridge_image004.jpg" width="752" />&nbsp;Investment opportunityJLL is marketing a new development called Knights Park in Eddington, north west Cambridge developed by Hill - the third largest privately-owned housebuilder in the UK.The first homes have been completed and some of them have already been released for sale on the open market.Five minutes&rsquo; walk from Knights Park is the University of Cambridge Primary School. Rated Outstanding by Ofsted, it is the first primary University Training School in the UK.For older children, there is a choice of Good or Outstanding rated secondary schools across the city, while the Cambridge Academy for Science and Technology offers a STEM curriculum at GCSE and A-Level.There are also a number of independent schools in the area catering to students of all ages, in addition to the historic and internationally renowned University of Cambridge.&nbsp;Unique selling points:&bull;&nbsp; Catchment area for University of Cambridge Primary School&bull;&nbsp; Thriving tech hub in Cambridge City Centre; Astra-Zeneca, Microsoft and GSK&bull;&nbsp; Hyatt Hotel coming soon to Eddington&bull;&nbsp; 53 minutes* to King's Cross London&bull;&nbsp; Innovative, modern homes set within beautiful green spaces with cycling and pedestrian friendly routes&bull;&nbsp; 1, 2, 3 bedroom apartments &amp; 3 &amp; 4 bedroom houses*&bull;&nbsp; First phase of the development&bull;&nbsp; Prices from &pound;369,950*&nbsp;Join us at our webinar on 25 March 2021 to learn more about the Cambridge Property Market and Knights Park.25 March, 5.30pm Register&nbsp;<a href="https://internationalresidential.jll.com.sg/event-calendar/25/mar/2021/cambridge-more-university-city">here</a><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1616504819/olmwebcontents/ip/prod/Cambridge_image005.jpg" /><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1616504819/olmwebcontents/ip/prod/Cambridge_image006.jpg" /><img alt="" height="505" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1616504819/olmwebcontents/ip/prod/Cambridge_image007.jpg" width="752" /><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1616504819/olmwebcontents/ip/prod/Cambridge_image008.jpg" /><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1616504819/olmwebcontents/ip/prod/Cambridge_image009.jpg" />&nbsp;&nbsp;Disclaimer: Jones Lang LaSalle Property Consultants Pte Ltd for themselves and for the vendors or lessors of this property whose agents they are, give notice that the particulars do not constitute, nor constitute any part of an offer or a contract. All statements, contained in these particulars as to this property are made without responsibility on the part of Jones Lang LaSalle Property Consultants Pte Ltd, or vendors or lessors. All descriptions, dimensions, and other particulars are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of the each of them. No person in the employment of Jones Lang LaSalle Property Consultants Pte Ltd has any authority to make or give any representation or warranty whatever in relation to this property. This form was produced solely for preliminary orientation on the property and is not a sales documentation. It does not constitute any offer or part of any contract for sale or otherwise. It contains data that has been provided to JLL by third parties and while we believe it is reliable, we have not independently verified it and take no responsibility for it. The projections, opinions, assumptions or estimates are included for examples only and may not represent the current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the Property and transaction. This is an overseas investment. As overseas investments carry additional financial, regulatory and legal risks, investors are advised to do the necessary checks and research on the investment beforehand. Computer generated images are indicative only.&nbsp; *Prices and details correct at point of publication. Terms and conditions apply.

Cambridge: More Than a University City

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When most people think of the cities of Europe, London, Paris and Barcelona spring to mind, for living in as well as buying property. As a result, this tends to push their property prices up given the investor demand. But Europe is a huge continent with lots of bustling cities when plenty of potential if you are willing to look further afield.One of these cities is Hamburg, which is Germany&rsquo;s second largest city after its capital Berlin. Traditionally, Germany has not been a priority market for overseas property investors based in Asia. Most usually look at the UK, Australia and the US when it comes to purchasing a second home or an investment property overseas.But more discerning investors have been looking at Germany as a way to diversify their property portfolios and improve their yields. Germany is also seen as lower risk than other markets like the UK post-Brexit. It also has the largest and most stable economy in Europe accounting for 20% GDP of the European Union (EU), which helps provide strong support for its real estate investment.Plus Hamburg, along with other German cities of Frankfurt and Munich are regularly ranked in the world&rsquo;s most desirable places in the world to live.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1615965611/olmwebcontents/ip/prod/ur8pi8f8mixteaoyozpp.png" />&nbsp;Strong backdropDid you know that there usually a shortage of suitable properties available in Germany? This is because it has strict housing policies that only allow a limited number of new-build constructions each year, restricting the housing supply. This also mean there are no wild swings in property prices but more stable and sustainable growth instead.Germany has a very accessible education system with free education provided up to high school and no general tuition fees for public universities. At the same time, many German universities are ranked as some of the best in the world and more foreign students are now studying there. This opens up opportunities for graduates to work there, and across other parts of Europe.It may come as a surprise but in Germany many people prefer to rent rather than buy. It is heavily embedded in the German culture. This strong demand for rental properties means there is a strong Buy-to-Let market which offers a steady source of income to property investors.&nbsp;Why Hamburg?Hamburg has around 1.8 million inhabitants and is both a city as well as a state. The metropolitan area is seven times greater than Paris and two and a half times greater than London. As a result, Hamburg has the largest average living space of all major cities in the world, leading to high standards of living and housing.The city is known for its beautiful tree-lined waterways and lush parks. In fact, Hamburg boasts 2,302 bridges, which is more than Venice combined with Amsterdam.On the economic front, Hamburg is a huge gateway to the world and home to Germany&rsquo;s largest port. This has helped make it an extremely international and culturally-diverse city that has attracted more than 3,500 international firms and employers.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1615965668/olmwebcontents/ip/prod/ygrmpavkmqa3i0b8gbnv.jpg" />&nbsp;City in a cityWithin Hamburg, a mini city called &lsquo;HafenCity&rsquo; is being developed as part of its maritime district. More than 7,500 residential units for around 15,000 residents are being built, as well as business premises offering in excess of 45,000 job opportunities (of which 35,000 will be in offices), plus educational institutions, restaurants and bars, retail, cultural and leisure amenities, with parks, plazas and promenades &ndash; after overall completion, 80,000 visitors per day are expected.This exciting project started in 1997 and is expected to be finished by 2030. This has opened up the number of properties available for purchase in Hamburg and its Buy-to-Let market is starting to flourish.JLL is selling a unique complex within HafenCity called Roots.&nbsp;The residential tower is 19 floors high and the tallest wood hybrid building in Germany.&nbsp;The development is also home to the German Wildlife Foundation, and includes a museum and restaurant while sitting in a waterfront location.Along with panoramic views over the River Elbe, buyers also enjoy guaranteed rental yields should they choose it as an investment property. These all make a very strong case to put Hamburg and the newly-developed Hafencity on your property radar.To find out more about property investing in Germany sign up to our livestream event on Facebook&nbsp;on 18 March.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1615965860/olmwebcontents/ip/prod/ydw4mjtktus9n4o2ak1m.jpg" /><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1615965868/olmwebcontents/ip/prod/wi9j9izymvouliem0e3k.jpg" /><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1615965875/olmwebcontents/ip/prod/v42n6e9uakwsotkdxijs.jpg" />

Invest in Germany: Spotlight on Hamburg

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<div>The housing market has got the extended holiday many were hoping for and the clock is now effectively ticking for new buyers who haven&rsquo;t yet started the process of purchasing a home to take advantage of a reduced Stamp Duty charge.&nbsp;</div><div>Stamp Duty Extended Holiday&nbsp;According to Rightmove data it has taken an average of 54 days to sell a home since the holiday was introduced in July, down from an average of 70 days in the 12 months prior.Assuming the average time to sell a home remains at the current level, aspiring buyers have until 7th&nbsp;May to begin a purchase to take advantage of the holiday extension.Overall the Stamp Duty holiday has provided a much-needed confidence boost to the housing market following its full closure in March last year. However, its previous cliff edge ending on 31st&nbsp;March always risked seeing sales fall through increasing anxiety for aspiring purchasers. The extension will provide welcome relief to those purchasers and open the door to additional buyers. There now needs to be clear signposting introduced to ensure the cliff edge is not just pushed further down the road.&nbsp;2% overseas Stamp Duty surplusThis tax represents a big shift in UK Government policy away from an open trade policy &ndash; until now there has never been a consideration of an investors origin if they are looking to buy an investment home.This tax will undoubtedly create some market resistance for an initial period until it becomes accepted. It should be noted that many other competing cities already provide higher levels of overseas taxation so the UK&rsquo;s major cities should remain competitive on the international stage.&nbsp;First Time Buyer Mortgages95% mortgages have been all but non-existent for some time now so the Government&rsquo;s mortgage guarantee scheme is hugely welcome news for aspiring home owners who have long faced mounting affordability issues.&nbsp;Capital Gains Tax changesThe UK has obviously seen a significant increase in its debts as a result of supporting the country through the COVID pandemic. Those who can pay more tax, should pay more &ndash; that is only right and it fits with the levelling up agenda.Nearly half of the UK&rsquo;s privately rented homes are in suburban locations owned by small scale buy-to-let landlords. There could now be an increase in demand for this kind of housing stock from first time buyers looking to take advantage of the new mortgage guarantee scheme. The proposed changes to Capital Gains Tax could prompt of flurry of sales from landlords looking to exit before the changes take place. However, if there isn&rsquo;t sufficient lead in time before the CGT changes take effect, it could reduce the volume of rental stock coming to market. CGT is ultimately a discretionary tax, and if homes become bloated with that tax, many landlords will opt to sit on their asset and wait.&nbsp;Wholesale Review of Residential TaxesLooking ahead, the Government has announced a Tax Day on 23 March and this could include the commencement of a widespread review of residential property taxes.Reviewing how residential properties are taxed in the UK is long, long overdue.Council Tax is based on residential values from 1991, which frankly are a very poor reflection of the current market. Meanwhile, Stamp Duty is a hugely inefficient tax which is ultimately a potential hindrance to the future economic prosperity of the UK. It makes no sense for people to find themselves &lsquo;locked-in&rsquo; to their current home because of the tax burden of moving. People need to be able to migrate towards opportunities as easily as possible in the 4th&nbsp;Industrial Age and as part of the levelling up agenda.Government also needs to acknowledge that we have an ageing population and SDLT is a hugely punitive tax for those looking to descend the housing ladder and right-size in later life. Without enabling more people to downsize, we face many people continuing to live inappropriate homes for their needs which in turn forces Government to have to increase expenditure on health and social care.However, any significant changes in the tax system must be carried out with care, following a detailed consultation and with a sufficient lead-in time. Any replacement residential tax should carry a similar starting burden for individuals. The variance should then occur over time to allow householders to adjust their finances accordingly.&nbsp;Overall Budget ConclusionThere are many welcome announcements within this Budget. However, solutions to the housing challenge must also focus on providing homes to suit a greater variety of end user needs. Society has changed and we must move away from the concept of blanket home ownership. We need measures to support an increase in purpose-built rental homes which will professionalise the private rented market, providing long-term, secure housing, and raising the profile of renting as an aspirational lifestyle choice.And we need attractive, specialist later life housing which will help free up family homes and make more efficient use of existing stock.&nbsp; With people living longer, the UK&rsquo;s ageing population is typically under occupying family homes, but appropriate alternatives will encourage right-sizing.Measures to address the housing market should be targeted at increasing all forms of supply, not just increasing demand for Private Sale housing only.&nbsp;&nbsp;</div><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1615536793/olmwebcontents/ip/prod/xshfagqea2aubbkmhted.jpg" />Nick Whitten - Head of UK Living Research

Spring Budget 2021: Stamp Duty Holiday Extension

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St James, part of the Berkeley Group, has launched a new collection of parkside homes set within the green landscape of White City Living in London&rsquo;s W12.&nbsp;A world class social, cultural and educational destination&nbsp;Parkside residents will find themselves surrounded by world-class retail, entertainment, education, culture and commerce, with Westfield London &ndash; Europe&rsquo;s largest retail destination &ndash; on the doorstep, which is now home to the second branch of Harrods, the world&rsquo;s leading luxury department store.&nbsp;In addition, White City Living is located within 30-minutes of four of London&rsquo;s top five universities including University College London, London School of Economics and Imperial College London, which is currently developing a new 23-acre campus and innovation hub adjacent to the scheme. Families are also well catered for, with the prestigious Notting Hill Prep School and St Paul&rsquo;s Girls School located close-by, while Eton College and Harrow School can be reached within 40 minutes.Positioned moments from Holland Park, Notting Hill and Kensington, White City Living is home to more than 2,300 new homes alongside 60,000 sq ft of mixed-use commercial space and eight acres of open green landscaping, including the Exhibition Park which is a new five-acre public park.Residents enjoy outstanding transport connections to London and beyond. White City and Wood Lane Underground stations provide quick and easy access to key London hotspots including West End, Bond Street and Mayfair in less than 15 minutes.&nbsp;At home in natureAptly named Parkside, the new apartments overlook the Central Gardens and offer some of the best views of this new neighbourhood, located within eight acres of open green landscaping, including magnolia gardens and serene waterscapes.Designed by internationally renowned architects Patel Taylor, Parkside&rsquo;s elevated views face to the west, whilst the verdant gardens below epitomise the passing seasons.With a landscape designed by Murdoch Wickham, White City Living&rsquo;s extensive green spaces mean the new Parkside apartments are enveloped by nature. Residents can enjoy a network of water gardens and landscaping features, with all apartments featuring outside space in the form of balconies or terraces.Enhancing biodiversity and giving life to a spectacular landscape is key to St James&rsquo; regeneration vision; so far more than 6,400 native trees have been hand-selected along with a wide variety of native planting, which will provide valuable habitats for a range of wildlife.The landscape is almost entirely car-free to encourage a pedestrian approach and aims to deliver a greener environment. Electric car charging points are provided to all parking spaces, alongside an on-site car sharing club and secure cycle parking.&nbsp;&nbsp;A seamless experienceParkside includes suites, one, two- and three-bedroom apartments that are ideally suited to owner-occupiers looking to take advantage of all the area has to offer; including access to Imperial College London&rsquo;s largest campus, Westfield London and outstanding transport connections.Catering perfectly for modern life, residents enjoy access to White City Living&rsquo;s unrivalled private facilities which will be newly opened at the beginning of 2021. A state-of-the-art Home Club occupies more than 20,000 sq ft across two buildings. The Home Club is a multifunctional space to work, meet, socialise, relax, and keep fit. Residents also have access to two individually designed private lounges that provide a perfect place to work during the day or relax in the evening and a 24-hour concierge.Touch-free access technology is incorporated throughout all residents&rsquo; facilities. This innovative technology removes the need for residents to touch door handles or press lift buttons and switches, from the moment they arrive at White City Living.Mandy Wong, Head of International Residential at JLL in Hong Kong&nbsp;said, &ldquo;The UK housing market has been generating high interest from buyers in Hong Kong, with investors recognising its resilience even amid pressure from uncertainties following Brexit and Covid-19. A rising trend in remote working has led to growing demand from affluent young families for a flexible work-leisure space that has both access to nature and convenient technologies. Parkside embodies all of these features on top of having excellent transport connections and fantastic growth potential in its surroundings, making it a prime location for those who are looking to ride the tide of the transforming real estate landscape in the UK and make an ideal long-term investment.&rdquo;

St James launches Parkside at White City Living

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Matching Green has launched Dockley Apartments, an exciting new residential development located a stone&rsquo;s throw from the heart of Bermondsey and is set to complete in Q2 2022. The development offers 111 apartments across 8 levels, comprising of one, two and three-bedrooms, each with a generous private terrace and many with far-reaching views across London.&nbsp;Spacious outside living and sleek design for modern comfortThe apartments are finished to an excellent specification with contemporary interiors and stylish layouts. Each unit is thoughtfully designed to maximize space and light, from open-plan kitchens, underfloor heating to frameless shower screens. The apartments are wired for fibre optic broadband, essential for the emerging trend of working from home. The face of the development showcases an innovative tiered design, which allows for spacious private terraces for each apartment. Residents will exclusively benefit from a sheltered all-weather children&rsquo;s play area, landscaped central courtyard and two communal roof terraces with comfortable seating and year-round sunlight. The project is also equipped with secure parcel lockers to accept personal deliveries. Built to the highest environmental standards, with sustainable modern design and high-quality materials, this impressive development breathes new life into a historic industrial site.&nbsp;Perfectly located in a trendsetting yet historical districtDockley Apartments is conveniently located within a five-minute walk from Bermondsey tube station in Zone 2, ten minutes from the River Thames and vibrant Bermondsey Street. Canary Wharf, the business district, is only four minutes away on the Jubilee Line.Bermondsey, host to London&rsquo;s first railway, was named &lsquo;Best Place to Live in London&rsquo; in 2018 by the coveted Sunday Times. Known as a thriving hub for food and drink, Bermondsey hosts a wealth of bars, breweries, restaurants and cafes. The neighbourhood also offers parks, modern art galleries and an independent cinema, providing a rich cultural atmosphere. Sitting alongside Dockley Apartments are a collection of railway arches which, in conjunction with Matching Green, Monmouth Coffee and Neal's Yard Dairy, have been restored to create Spa Terminus where like-minded food production and distribution companies now occupy these spaces. From cheesemongers and greengrocers to butchers and brewers, Spa Terminus consists of companies who supply some of the absolute best food products on the market, all on Dockley Apartments&rsquo; doorstep.Along with Dockley Apartments, Matching Green is currently developing Dockley Road, a development of approximately 12,000 sqft of commercial and retail space. The project will create a new pedestrian street and a new series of commercial units opposite the railway arches, contributing to the range of artisan producers on-site. This will create a dynamic street open for Saturday market trading forming a key part of Southwark&rsquo;s Low Line walking routes and establishing an exciting centre of activity and enterprise.&nbsp;Units at Dockley Apartments start from &pound;544,500. For further information, please contact us.

Contemporary Apartments in Central London’s Thriving Neighbourhood

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New residential projects are creating rare opportunities for property investment in the UK's fastest growing economy within commuting distance of LondonWorld famous for its prestigious university, cutting-edge research and magnificent heritage, Cambridge is also one of the UK's leading technology hubs and fastest-growing economies.A huge student population, excellent career opportunities and convenient access to London ensure consistently high demand for residential property in Cambridge, and several new developments are providing opportunities for overseas property buyers and landlords.&nbsp;Best and brightestThere's more to Cambridge than its elite university, but the institution's influence on local life and the economy is undeniable. University colleges are spread across the city and one in five local residents are students, many of whom remain in the city after graduation for postgraduate research or recruitment into the highly-skilled local workforce.Cambridge's science parks are partnerships between the universities and businesses that continue to attract substantial overseas investment from the world's largest brands. These partnerships have been instrumental in growing Cambridge's reputation as a world leader in fields such as biotechnology, medical research, software and pharmaceuticals, particularly around the high-tech cluster nicknamed 'Silicon Fen.'The growing importance of Cambridge's technology and research sectors have placed the city among the UK's fastest growing economies in recent years. Less than an hour from London and international airports, Cambridge is a convenient location for businesses in all fields, and access will improve further with the new East-West Rail link and Oxford-Cambridge Expressway expected to open in the next decade.&nbsp;Country charm and city convenienceCambridge's reputation for work and study overshadows its other perks as a comfortable and stimulating place to live. Numerous performance venues, museums and art galleries provide one of the richest cultural offerings outside London, and a packed events calendar has something for everyone &ndash; from the live bands of the Big Weekend to the Cambridge Folk Festival and traditional Midsummer Fair.Cambridge's shopping and dining options are just as diverse. With three shopping centers, traditional markets, independent boutiques and the wide selection of restaurants, cafes and bars that modern city dwellers expect, Cambridge has all the attractions of city living with the English countryside on its doorstep.Families with children are also exceptionally well provided for in Cambridge, with many highly rated primary, secondary and independent schools in the area. These include the University of Cambridge Primary School, St Bede's Inter-Church School and Chesterton Community College, all rated 'Outstanding' by education authority Ofsted.&nbsp;Buoyant residential marketWith consistently high demand from domestic and overseas students, professionals and families, Cambridge property can offer investors and landlords some of the highest yields in the UK. The problem, until recently, was the lack of new supply. Cambridge's heritage architecture may be one of its greatest draws for visitors and residents, but stringent building restrictions have long stifled development in the small city, even as they maintained high levels of demand and prices.This situation is gradually improving as more new residential developments are opening up Cambridge and surrounding areas to investment. The Government's proposed CaMKOx Arc initiative for Cambridge, Milton Keynes and Oxford is also aiming to bring one million homes and 1.9 million residents to England's 'brain belt' by 2050 by creating new neighborhoods and amenities.One such district in Eddington, a new community less than two miles from Cambridge's historic city center designed by the University of Cambridge as a successful model of sustainable urban planning. Premium homes and apartments are now available in Eddington at Knights Park, combining modern living with convenient access to Cambridge, London and the surrounding countryside.

Cambridge city guide: Forward-thinking historic city

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One of the big lessons from this year in real estate has been the pandemic&rsquo;s resulting increase in demand for second lifestyle homes, not only among the ultra-wealthy but also the generally well-heeled, a trend that&rsquo;s only gained steam as the year has unfolded.With a vaccine still over the horizon, this shift out of city centres and into more spacious suburbs is spilling over into even more remote locales: mountain resorts, which have been growing in appeal with global investors.Not only are these areas less densely populated, making it easy to adhere to social distancing, but the rise of work-from-home (WFH) supported by modern technology infrastructure has made it a realistic alternative for the slightly more affluent.Activities like skiing and (in the summer months) golf are being indulged in across central Europe&rsquo;s mountainous regions as a welcome pandemic escape, with home offices and ultrafast broadband ensuring work life is not put on the back foot.Indeed, the whole idea of moving back to nature where life happens at a slower and more relaxed pace, and where homeowners can focus on wellbeing and health, has been a key trend in the real estate sector in a year that will be forever remembered for COVID.But even so, there have undoubtedly been winners and losers among those offering luxurious remote living.&nbsp;COVID escape: Health and wellness done sustainablyDevelopments that focus on advancing net-zero carbon goals, where buildings are highly energy efficient and powered by renewable sources, and where the promotion of green living is central to the development&rsquo;s core concept, will thrive as a matter of future-proofing investments.Premium mountainous real estate developments like Andermatt Swiss Alps in Switzerland, along with a handful of others in Europe, the US, and Asia, tick these sustainability boxes.With well-established local infrastructure and connectivity, homeowners can be online 24 hours a day seven days a week, remaining productive at the (home) office despite their apparent remoteness.At the same time, investors benefit from year-round activities that include those already mentioned (skiing and golf) but also extend to healthy lifestyle staples like trekking and cycling.We expect to see more families prioritising &ldquo;naturesque&rdquo; safe-haven homes, for all or part of the year, in the decade to come.In Switzerland in particular, not many areas allow for foreign ownership of real estate.This means that, in the long run, investment in these developments is likely to yield strong returns as supply inevitably outstrips demand, putting pressure on prices to appreciate.According to new research by JLL, health and wellbeing themes have emerged as measurable physical attributes that real estate investors increasingly look for in light of the pandemic, in order to secure a better quality of life for themselves and their families.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1606811040/olmwebcontents/ip/prod/JLL_x_Andrermatt_byline_image001.png" />Notably, Asian buyers too are feeling the pull of Europe&rsquo;s snowy peaks as COVID drags on.As just two examples, studio houses in &lsquo;Frame&rsquo;, a new apartment block at Andermatt Swiss Alps that has been on the market since summer and will be finished in Q3 2021, has seen 10 per cent of all sales from buyers in Singapore.With an expected completion date of Winter 2021, newly launched apartment block &lsquo;Alma&rsquo;, which comprises ten expansive half-floor residences and one whole-floor penthouse, is already 70 per cent sold &ndash; despite the pandemic&rsquo;s impact on global property inflows.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1606811044/olmwebcontents/ip/prod/JLL_x_Andrermatt_byline_image002.png" /><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1606811043/olmwebcontents/ip/prod/JLL_x_Andrermatt_byline_image003.png" />&nbsp;Roughly 1 in 4 buyers across Andermatt&rsquo;s multibillion-dollar development now hail from key Asian cities such as Singapore and Hong Kong.Moreover, we&rsquo;ve seen a 45 per cent increase in apartment rates for all units at Andermatt as of July 2020 (compared to the same period last year), with total sales increasing by 53 per cent.Such data points act as further evidence of the growing appeal of Alpine living.&nbsp;Why Switzerland fits the billWith COVID firmly established as the backdrop&nbsp;du jour, Switzerland has emerged as an ideal investment destination &ndash; and there are a few key reasons for this.Thanks to a strong domestic consumer that continues to drive sales of second homes in mountainous regions away from densely populated cities, local economies in these areas have proven resilient despite the global shock.As already touched on, sustainability does matter to a new generation of real estate investors.Andermatt Swiss Alps is leading by example on this front, with a five-year plan towards achieving carbon neutral underway despite so much of the development already being integrated with the surrounding natural environment.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1606811042/olmwebcontents/ip/prod/JLL_x_Andrermatt_byline_image004.jpg" />&nbsp;Specific green initiatives include careful management of natural resources, golf courses that provide areas for nesting birds, a no &lsquo;cold beds&rsquo; targets for holiday apartments, noise reduction, cooperation with local businesses, environmental impact monitoring, carbon neutral heating, and electric power from 1,005 renewable energy sources.Green credentials aside, Switzerland is no slouch on hard investment economics, either.Its record speaks for itself; returns on investments in a diverse selection of properties at Andermatt Swiss Alps has averaged 8 to 10 per cent per year over extended periods of time.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1606811043/olmwebcontents/ip/prod/JLL_x_Andrermatt_byline_image005.png" />&nbsp;Once you factor in property appreciations along with rental yields, the return profile is clearly competitive with US equity market averages after dividends.you send us the test first??Moreover, the security of the Swiss Franc, the prospect of growth in capital values, and the viability of rental demand continues to speak well to buyers.&nbsp;A safe, central hub during a pandemicIn general, ownership in mountain regions tends to be a part-head and part-heart decision, where investors can enjoy the health and wellness elements of mountain living without sacrificing access to major European hubs like London, Frankfurt, Paris, and Rome.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1606811041/olmwebcontents/ip/prod/JLL_x_Andrermatt_byline_image006.jpg" />It&rsquo;s now beyond dispute that the Coronavirus crisis has made people all over the world consider how they plan to live in future.Contrary to initial expectations, demand for property and sales volume in regions like Andermatt has grown substantially this year, as well-heeled buyers come to appreciate the safety, flexibility, and health opportunities such locations represent.More broadly, the luxury housing market in Switzerland has performed well with prices increasing by 3.6 per cent over the last 12 months, according to Wuest Partners.In our view, demand should continue to grow as the feasibility of remote working improves and the necessity to be within proximity of the office becomes less of an imperative.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1606811042/olmwebcontents/ip/prod/JLL_x_Andrermatt_byline_image007.png" />&nbsp;For further information contact JLL International Residential directly at&nbsp;<a href="mailto:internationalresi@ap.jll.com">internationalresi@ap.jll.com</a>.

Swiss Alps real estate finds favour with Asia’s investors during COVID

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<div>Shortage in supply of new-built condominium pushes up demand in resale marketThe sustainable growth of the Japan property market has been supported by a steadily growing population in the metropolitan areas. As such, the shortage in supply of new-built condominium is leading more people to turn their eyes towards relatively new condominiums in the resale market.The Japanese traditionally favour new-built housing, but recent trends tell us that there has been a change in people&rsquo;s perceptions towards the age of a building or property. In this report, we will look at more insights from the recent trend in the resale market.&nbsp;Demand for housing remains strongThe population growth in metropolitan areas like Tokyo have been showing a steady increase. COVID-19 has changed our living and working styles in various ways, but the impact on housing demand is limited. Market observers commented that more people from the city central areas are moving to spacious houses in countryside when working from home (WFH) was being introduced during the state of emergency in April 2020. Indeed, according to the survey by Tokyo Shoko Research survey, 56% of companies adopted WFH at the time. However, in August, the number of companies who continued to WFH was reduced to 34.40%.</div>&nbsp;Survey on Working From Home 2020<a href="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605753432/olmwebcontents/ip/prod/vdzcayua4svld4mu3u7u.png" target="_blank"><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605753432/olmwebcontents/ip/prod/vdzcayua4svld4mu3u7u.png" /></a>&nbsp;Large companies have higher adoption rate of 61.31%, which is almost double that of mid-to-small size companies.&nbsp;<a href="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605753522/olmwebcontents/ip/prod/uoxedqfsent4jqasu3wx.png" target="_blank"><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605753522/olmwebcontents/ip/prod/uoxedqfsent4jqasu3wx.png" /></a>&nbsp;<div>Participant Rate of Working From Home - Aug 2020In terms of participant rate, majority of large companies responded that no more than 30% of their employees adopted WFH. Even so, majority of these employees WFH only partially, i.e. biweekly or a few days in a week. Therefore, relocating to countryside is not a practical option for the majority, as commuting to work is still required and thus good connectivity remains important.&nbsp;&nbsp;</div><a href="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605753576/olmwebcontents/ip/prod/bolllnkpqujgimiqeffs.png" target="_blank"><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605753576/olmwebcontents/ip/prod/bolllnkpqujgimiqeffs.png" width="400" /></a>Looking at the demographic movement in Tokyo, COVID-19 did affect the population movements, but not to the extent to call it as a population outflow. Indeed, demography by nationality showed the decrease in population was largely contributed by foreign residents returning to their countries. As of August 1, Japanese population has increased by 58,114 comparing with January, while foreigner population has reduced by 4%.&nbsp;<a href="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605753609/olmwebcontents/ip/prod/gooapwrzefhlrhkrntav.png" target="_blank"><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605753609/olmwebcontents/ip/prod/gooapwrzefhlrhkrntav.png" /></a>&nbsp;In the long term, population growth is still in an upward trend.&nbsp; If we look at the population growth oOn year &ndash;on- year basis, the Japanese population remains in healthy growing trend compared to last year. Therefore, the impact of COVID-19 on population growth is limited to the foreigners which attributes to a short-term factor and has not affected the long-term growth greatly.<div>Here I would like to highlight that in the long-term, population is growth has not been affected that much. Though there wasn't the regular April population growth due to state of emergency, but population is still in growth trend, so COVID-19 didn't hinder the population growth much. Y0Y basis, it is still in growing trend&nbsp;&nbsp;<a href="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605753660/olmwebcontents/ip/prod/hahw2j01zvvc7mjbsv7o.png" target="_blank"><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605753660/olmwebcontents/ip/prod/hahw2j01zvvc7mjbsv7o.png" /></a>Fortunately, real estate sales activity has sprung back to what it used to be before COVID-19. There is still a great demand for condominiums from the local owner-occupiers and the decrease of foreigners do not seem to affect sales. When businesses resumed after the state of emergency, local buyers started actively looking for housing like before. On year-on-year basis, there were even more transactions in the resale market in August 2020.<a href="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605753695/olmwebcontents/ip/prod/w41kl5umauprcvpslbjq.png" target="_blank"><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605753695/olmwebcontents/ip/prod/w41kl5umauprcvpslbjq.png" /></a>&nbsp;Shortage of supply in new-built condominiumsIn recent years, the supply of new-built condominiums in Tokyo has been decreasing, despite the growing population and housing demands. The choice limitations turned buyers to the resale market for secondary alternatives. Land acquisition has always been very competitive in the already developed central areas in Tokyo. As city urbanization continues, the shortage of supply in new-built properties is expected to push up the demands of resale apartments.The next graph shows the transaction volume of resale versus new-built properties in Tokyo 23 wards over the past ten years. The transaction volumes of resale market showed a gradual increase, while the new-built condo supply slowed down after 2013.</div><a href="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605753738/olmwebcontents/ip/prod/ixn7gp4ccdahjsqkwkiu.png" target="_blank"><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605753738/olmwebcontents/ip/prod/ixn7gp4ccdahjsqkwkiu.png" /></a>Properties below 20 years are actively sought afterNew-built housing has always been the most preferred option for Japanese, because historically, houses in Japan were built by wood. It was believed that the newer the house, the better would be its durability. However, the situations are different today. With fewer new-built options and the advancement of superior construction qualities, resale apartments are generally now more accepted.As more buyers opt for resale markets as a substitute for new-built apartments, it resulted in most transaction volumes concentrated in the relatively new buildings with age below 20 years. In terms of the transaction ratio against the supply, the buildings aged between 6 to 10 years show the highest demand last year, followed by those of 11 to 15 years, 16 to 20 years and 0 to 5 years.<a href="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605753767/olmwebcontents/ip/prod/cnvjsb92105xoouet1mh.png" target="_blank"><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605753767/olmwebcontents/ip/prod/cnvjsb92105xoouet1mh.png" /></a>&nbsp;Recommendation is up to 15 years oldThe observations showed that the highest transaction volume is for resale properties within 20 years old. Therefore, investing in property below 15 years is the best recommendation when we consider the exit timing as well. Although buildings of 20 years old may sound &ldquo;old&rdquo; for overseas investors, the locals feel differently. Traditionally, the Japanese adore new-built properties, but more people are now realizing that the construction qualities after the turn of the millennium have become excellent to provide strong durability. This is especially so for properties from established developers which are well-maintained in very good conditions, that makes &nbsp;little difference when compared to the new-built ones.Many Japanese developers have their own prestige brand names for their condominiums. Therefore, they put in their utmost efforts in maintaining their quality and reputation. Often, the building management is by developer&rsquo;s subsidiary company so as an assurance that the same brand quality will be achieved.Because of the superior construction quality, it is unlikely that owners of such condominiums will need to pay substantial amounts for maintenance in the first 10 years. That is why many property management companies offer guarantee plans that cover minor repair costs, as there is not much expense expected during that timeline.After the first decade, some replacements of appliances like air-cons, dishwashers, water-heaters may be required due to service lifespans, but in general, the properties will look no inferior to new-built ones and are equally competitive in the markets.&nbsp;Property price continues to grow in prime locationsBoth resale and new-built condominiums in Tokyo have been on a steep price growth since 2013. The growth until 2016 were largely affected by the great expectations towards Tokyo Olympic game, which has brought significant impacts on the property markets not only in Tokyo central, but also to surrounding areas. The growth in the most recent years was due to more sustainable and rational factors. Good connectivity, prime locations, redevelopment and superior quality apartments are enjoying appreciation, whereas those properties without these factors are being left behind from the continuous growths. &nbsp;The demand for a good property in terms of quality and location is expected to remain strong in central area, as working in office is still a daily norm for majority. The shortage of new home supply will continue, as land acquisitions will remain competitive in prime locations, which in turn will push up values of the existing good properties. It is therefore a good opportunity to widen your options to consider resale properties with strong growth factors.<div>Back in 2013, almost any property near Tokyo could have price appreciation, but now, the real "good" property can continue to grow. &nbsp;</div>&nbsp;<a href="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605753919/olmwebcontents/ip/prod/bl1xzfdzndoobxzuh6m2.png" target="_blank"><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605753919/olmwebcontents/ip/prod/bl1xzfdzndoobxzuh6m2.png" /></a>&nbsp;For more details you may contact JLL International Residential at +65 9671 9583 or&nbsp;<a target="_blank" href="mailto:internationalresi@ap.jll.com">internationalresi@ap.jll.com</a>&nbsp;<div><div><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605753971/olmwebcontents/ip/prod/dveybwaorcefjcj3plv6.jpg" /><div><a href="https://internationalresidential.jll.com.sg/download?pdf=656">Download Brochure</a></div></div><div><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605761516/olmwebcontents/ip/prod/cwwv2njfxuicgpzwqbz1.jpg" /><div>Read more: <a href="https://internationalresidential.jll.com.sg/news/2020/11/19/internationalresidential.jll.com.sg/news/2020/11/11/guide-buying-and-selling-property-japan-costs-documentations-and-taxes" target="_blank">Guide to Buying and Selling Property in Japan: Costs, Documentations and Taxes&hellip;</a></div></div></div>

Japan Resale Property Market Overview, November 2020

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Buying ProcessBuying process of resale property is very much similar to that of a new-built property.The payment schedule is very straight forward, with a 5 to 10% down payment upon exchange of contract and the balance payment will be upon delivery of property. The whole transaction in general will take around 2 to 3 months.&nbsp;DocumentationsFor the documentation process, the buyer needs to prepare an Affidavit/Declaration before the exchange of contract, as a proof of identity and for registration of ownership purposes.<a href="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605765572/olmwebcontents/ip/prod/hkvchkmzgttb7nhafz4c.jpg" target="_blank"><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605068896/olmwebcontents/ip/prod/z13lmwshmkzmqx0trq5b.png" /></a>CostsThe estimated costs upon purchase amount to 5 to 8% of property price, inclusive of agency fee and related taxation.<a href="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605765656/olmwebcontents/ip/prod/ufbyr6lkfiawettmsebi.jpg" target="_blank"><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605068914/olmwebcontents/ip/prod/osngmih1aocixawiwq8t.png" /></a><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605068815/olmwebcontents/ip/prod/k6f2gs0mvzrjwnjj8bzq.jpg" />&nbsp;Selling ProcessTo list the property on the resale market, the owner needs to exchange a brokerage agreement with an appointed agent after deciding the desired selling price.Once a potential buyer has made an offer and after the buying conditions and schedule are confirmed, the contract will then be exchanged with a 5-10% down payment. To save on remittance costs, all payments from the buyer are usually kept by agent first.After receiving all the payments and deducting the necessary costs, the agent will remit the net income to the seller.&nbsp;DocumentationsThe owner shall prepare Affidavit/Declaration before the exchange of contract to prove identity. Also, the title deed of the property needs to be submitted before the delivery of the property.If you have bought a property through JLL, the title deed would have been delivered to you after the handover. If you have problems locating the title deed, please contact your respective salesperson and we will be able to assist.<a href="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605765706/olmwebcontents/ip/prod/fjvmtqob0lycvrzslhjs.jpg" target="_blank"><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605068922/olmwebcontents/ip/prod/wxljqiqnnmpjw2cfwb3e.png" /></a>CostEstimated cost for selling property can amount to 4 to 5% and exclusive of Capital Gain Tax as it can vary case by case. Capital Gain tax is imposed on the net profit that the seller makes from the transaction. The taxation rate is either 30.63% on properties held for less than 5 years, or 15.315% on properties held over 5 years. Please note, that the holding period starts from January 1 of the new year. Eg. If the handover of the property is September 2020, 15.315% rate will apply from January 1, 2026.<a href="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605765734/olmwebcontents/ip/prod/nsprfch2yryt5w00uj5f.jpg" target="_blank"><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1605068930/olmwebcontents/ip/prod/xtroajo6ao7vza9mqom5.png" /></a>For more details you may contact JLL International Residential at +65 9671 9583 or&nbsp;<a href="mailto:internationalresi@ap.jll.com">internationalresi@ap.jll.com</a>

Guide to Buying and Selling Property in Japan: Costs, Documentations and Taxes

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Our lives now revolve around our homes more than at any point in the past 250 years. In 2020, Covid-19 has accelerated a trend which is making our homes the centre of our lives once again with technology being the great enabler allowing us to satisfy our needs and wants in our homes.Our Residential Forecasts 2021 will look to the future and offer valuable insight on:<ul><li>UK house price and rental value forecasts for the next five years</li><li>Expected future housing starts and levels of transactions over the next half a decade</li><li>Which cities will witness the highest house price growth?</li><li>Will the Covid-19 pandemic trigger large-scale de-urbanisation?</li><li>What role is technology playing to satisfy our increasing needs and wants in our home?</li></ul><a href="https://internationalresidential.jll.com.sg/download?pdf=651&amp;return_to=node" target="_blank">Download Report</a>&nbsp;Nick Whitten our Head of UK Living Research discusses our latest forecasts in the video below.&nbsp;<div><iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" frameborder="0" height="315" src="https://players.brightcove.net/1268729899001/default_default/index.html?videoId=6205798275001" width="560"></iframe></div><a target="_blank" href="mailto:Nick.Whitten@eu.jll.com">Contact</a>&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1604912845/olmwebcontents/ip/prod/qt27xzgqlcyhacnzpcq1.jpg" />Nick Whitten &ndash; Head of UK Living Research

UK Residential Forecasts – Home is… for everything

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Latimer Homes launches high-spec apartments and townhouses in the heart of thriving Salford Quays, home of MediaCityUK&nbsp;The UK's fastest-growing economy outside of London, Manchester in North-West England offers the best of modern city living at more affordable prices than the British capital. The former textile powerhouse is today best known for its sports and culture scenes, but a thriving economy and strong and stable property returns are making Manchester a compelling option for overseas property investment in Europe.As employment, educational and social opportunities continue to draw professionals and students to Manchester from far and wide, the supply of new housing is struggling to meet the high demand, driving up prices and creating opportunities for developers and investors. Property values in Manchester have grown by 19 percent since 2016, according to the Land Registry, and Jones Lang LaSalle (JLL) is projecting a further 17.1% increase in the next five years, with consistent growth of 3 to 3.5 percent per annum in sales and rental prices.Manchester's urban regeneration is creating opportunities for developers to address this shortfall and add more homes to sought-after areas, particularly in the popular waterfront district Salford Quays. New developments such as Amplify Apartments by Latimer Homes are providing contemporary homes within walking distance of local attractions and a short tram ride from the city center.&nbsp;Thriving waterfront communitySalford Quays can trace its history back to the Victorian period when it was one of the UK's busiest commercial docks. Following the closure of the docks, this prime real estate close to the city center was transformed into a fashionable business and leisure district, incorporating notable cultural venues such as The Lowry Theatre and Imperial War Museum, watersports centers and media hub MediaCityUK, the new home of the BBC and ITV Studios.Salford Quays is less than 15 minutes from Manchester city center and business parks, making it a convenient address for living and working in the city. World-class facilities and international connections at nearby Manchester Airport have convinced many leading global brands, including Google, Amazon, Adidas and 80 of the FTSE 100, to establish regional offices in Manchester. With more than 1.4 million people working in the Greater Manchester area across sectors ranging from legal and accounting to fashion, media and retail, the city's diverse economy is projected to grow by 2 percent per annum, above the UK average.Manchester is also a major university city, where over 100,000 students attend 10 notable institutions including the local Salford University, University of Manchester and Manchester Metropolitan. With a 59 percent student retention rate, most young people prefer to continue living, working and renting in Manchester after graduating, contributing to the steady demand for well-connected property.&nbsp;Riviera lifestyleAmplify Apartments at Salford Quays combines scenic waterfront living with access to the best Manchester has to offer via convenient tram and road links. Buyers have a choice of one, two or three-bedroom apartments and duplex townhouses, with a help-to-buy scheme and Shared Ownership options offering a choice for every budget.All residences are appointed with high-spec fittings including integrated Bosch appliances, connected media services and full-height windows making the most of natural light and views over The Quays from the higher floors. More views can be enjoyed from the private residents' rooftop garden, while a hotel-style concierge in the entrance lobby can take care of all requests.&nbsp;For more details about Amplify, you may contact JLL International Residential at +65 9671 9583 or&nbsp;<a href="mailto:internationalresi@ap.jll.com">internationalresi@ap.jll.com</a>

Connected city living on The Quays: Amplify Apartments, Manchester

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PRIVACY NOTICEJones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.Generally the personal information we collect from you are for the purposes of dealing with your enquiry.We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our&nbsp;<a href="https://www.jll.co.uk/en/privacy-statement" target="_blank">privacy statement</a>.

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PRIVACY NOTICEJones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.Generally the personal information we collect from you are for the purposes of dealing with your enquiry.We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our&nbsp;<a href="https://www.jll.co.uk/en/privacy-statement" target="_blank">privacy statement</a>.&nbsp;

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PRIVACY NOTICEJones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.Generally the personal information we collect from you are for the purposes of dealing with your enquiry.We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our&nbsp;<a href="https://www.jll.co.uk/en/privacy-statement" target="_blank">privacy statement</a>.

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