Month: May 2023
You are probably well aware of some of the major benefits of living on ocean property; the value of your investment is guaranteed to increase, for example, and you also have easy access to some of the best recreation available to mankind. And then of course, theres the view…
What many people dont realize about oceanfront property is that it may actually help to increase your health overall, in certain ways. Lets take a look at some theories on why it is about living on oceanfront property that might help to up your standard of healthy living.
Reducing stress
There is no doubt about it, easy access to the ocean and all that goes with it is a proven way to decrease the amount of stress in your life. Just think about the stereotypical relaxation tapes you might have come across or even used; one of the most popular, features the sound of waves crashing against the shore, the occasional call of sea birds in the air. The sounds of the ocean are some of the most relaxing that can be thought of, and with ocean front property they are all around you!
More opportunity for exercise
Oceanfront property means a world of recreational opportunities right outside your front door. You can go for long walks along the beach, climb over the ocean rocks and explore, swim or surf in the water. Long stretches of beach are ideal for jogging; they even help to burn extra calories without the shock on the knees that a treadmill or other hard surface running will bring.
Minimal air pollutants
Finally, the wind blowing off the ocean will always mean that the air above your property, and all around you, will be cleaner than that further inland, even if you live in a pretty clean area. Theres just not enough opportunity for smog or smoke to hang around before it gets blown inland!
If you are fortunate enough to own and live on oceanfront property, you are holding title to what is truly a dream living condition. Great potential for more value, recreational opportunities galore, an incredible view, and even health benefits are all a part of the package with oceanfront living!
KTAM Aims to Become Thailand’s Leading Property Fund,Increasing Assets Under Management to 11.3 Billion
The Bangkok Post reported on Thursday, 22 February that real estate investment in Thailand soared by 81.8 percent to $2 billion (1.3 billion)in 2012, nearly double the $1.1 billion (720 million) in 2011, as property funds markedly increased their investment activity.
According to property consultant DTZ, Thailand’s real estate market was boosted by the listing of major property funds and a high number of acquisitions, particularly in the office and hotel sectors. Some $1.1 billion (720 million), or 55 percent of total real estate investment, came from transactions by real estate funds or public funds for public offerings (PFPOs).
Investment activity received a major boost from the listing of Tesco Lotus Retail Growth Freehold and Leasehold (TLGF) in the beginning of January 2012, which proved to bethe largest property fund listing for the year. The $594-million (389 million) fund purchased 17 Tesco Lotus shopping malls in prime locations across Thailand in a deal which by itself exceeded half of the real estate investments in the country in 2011.
Other notable property fund investments in 2012 included the purchase during the first quarter of three serviced apartment complexesand residences for $106 million (69 million) by the listed Land and Houses Freehold and Leasehold Property Fund (LHPF). Additionally, the Quality Houses Hotel and Residence Freehold and Leasehold Property Fund (QHHR) bought three Centre Point serviced apartments in the third quarter, for some $107 million (70 million).
KTAM Eyes Real Estate Market
Krung Thai Asset Management (KTAM) has the ambition to lead the market in property funds and,more specifically, to increase its assets under management by 20 percent in 2013 to 516 billion baht (11.3 billion), said chief executive officer Somchai Boonnamsiri, citing the positive overall investment climate.
The Bangkok Post reports that Thai billionaire Charoen Sirivadhanabhakdi plans to raise funds through the funds managed by KTAM, with the subsequent capital increase being dedicated to turning KTAM into the global leader of this type of fund.
KTAM is considering entering new markets including Mexico, Brazil and some European countries. Annualised return for short-term investments in these regions is forecast at 3.5 percent or about one percent higher than returns in the Thai domestic market.
The Thai fund intends to boost the capital of property funds under the direction Sirivadhanabhakdi’s TCC group to as high as 50 billion baht (1.1 billion) this year. The fund also plans to launch ETFs on the Stock Exchange of Thailand in sectors such as food, energy, ICT and the commercial sector.
2013 will be the last year in which Thailand’s Securities and Exchange Commission will allow investments in what has been known as property type 1, with introduction a new type of property fund, the internationally recognised real estate investment trust, set to replace the old structure.