CapitaLand is one of the biggest real estate company and investors with billions of business scattered around the world but experts in Asian Market. The Group CFO talks about CapitaLand center of attention is china and Singapore. CapitaLand today is scattered in almost in 20 countries across the globe.
Arthur Lang had a long speech talking about the business and thre main focus but the main thing that he mentioned in his talk is this
” I think for Singapore and China alone today, it’s about 75-80 percent of total assets for the group. If you look at all the projects and activities we’re involved in these two countries, I think in the next five years I wouldn’t be surprised if it’s about 85 percent of our total assets and total business. Specifically if you look at China, it’s perhaps the best place to do business in Asia, with 1.3-1.4bn people; it’s a huge market. I think more importantly as well, urbanization rates in China are still relatively low compared to the developed world, it’s still in the 50 percent area.”
The company still owns 1000’s of property around china and Singapore and they are selling the Westgate Tower for S$579m. it is a seven storey Westgate mall renovated on 2013-Dec.it has more than 250 store and shops from basement to top level. The Building area is about 410000 sq ft. A building project holding firm has managed its projects, construction and all materials invests in the properties. In a talk with Singapore Stocks LKH said they now own 40 % of the Westgate Tower however Venture holds 60 % of the building at the end of the completion of the deal.
Real estate as a carrier has expanded and will grow as per business world today. The immovable property corresponds to real estate. There are many sectors in real estate like Business, market and commonly the one which we know is the residential Sector. It cannot be said that investing in real estate is as better as stock market because of the risk factor and it’s a debatable topic.
Before you jump into real estate business you need to make sure you are helping people to buy and sell their homes, offices, Farmland etc. In USA if you want to become a Real estate agent you need to have license but in India any one can become real estate agent. Because of this real estate agents have got their name as ‘middle man’ or ‘property brokers’ as they are charging heavy amount from both the parties.
If you want to be in a long run, make sure you take small and simple steps. The best thing about becoming a real estate agent is you are the whole-sole controller of your business, you can earn a lot based on your selling skills, you can build your own rules and regulation which will satisfy your customers that means you should have a great control of your investment. This is the field where knowledge is required at its best level and you will learn from your own mistake, this field is all about giving and getting the best information about the prosperities. Along with the best opportunities of gaining money you should be careful about some things like possibly there is good chance of failure for new agent, Land rate might flicker due to market stand and that may lead to a slow or less cash flow, But by learning from other mistake and getting the best field knowledge you can avoid these results. So are you ready to become a REAL ESTATE AGENT.
Real Estate we have noticed a ten percent decline in the past week market also the experts are saying about a “double dip” in the housing market. Well it can be said that any decline that we have seen in the market in terms of housing products costs nothing and also seems to be non-worthy.
Real Estate business is tough for the newbies now. You have to convince your customers more in order to buy your home. Real estate business offers you control over business without any ownership, you may solve people problem by giving them helpful advice by using your brain to buy property not your debt. The momentous thing is to come up against how to find and motivate sellers than to know the hundred of ways for purchasing the house.
Real estate investors avoid taking risks as they feel if they make a mistake they will be sued for many hundreds of dollars. They perceive that they need perfect credit along with a high net worth. The investors exclude themselves as being a buyers and do not pursue high end deals. The real estate business is tough and light also it depends upon you how you are going to lead this business.
Real estate is profit generating business and it is now the leading business in all over the world. It requires only skills to convince the buyers that is it. If you have talent of doing business then go on and proceed to amke your dreams come true.