Who Are the Taiwanese Speaking Real Estate Investors and Where Are They Buying in Vancouver?

Introduction The international real estate market has over the last three years – seen a surge in buyers from China as well as other asian markets like Taiwan. Culturally similar in terms of investment approach, Taiwanese and Chinese buyers seek safe places to invest their money as well as provide homes for their immediate families … Continue reading “Who Are the Taiwanese Speaking Real Estate Investors and Where Are They Buying in Vancouver?”

Introduction

The international real estate market has over the last three years – seen a surge in buyers from China as well as other asian markets like Taiwan. Culturally similar in terms of investment approach, Taiwanese and Chinese buyers seek safe places to invest their money as well as provide homes for their immediate families that immigrate to pursue tertiary education.

Drivers

The Chinese international market is driven by two main factors. Firstly, the Chinese government restricts domestic market home purchases to two per household to curb investment speculation. This drives wealthy Chinese abroad. The second factor is the pursuit of a second residency abroad – typically Canada, Australia and the United States although there are large investor numbers in Europe and SE Asia.

A Growing Niche – Taiwanese Speaking Investors

The smaller Taiwanese client base is no less affluent and are also comprised of the wealthy business class who seek to expand their real estate portfolio and provide homes for their school-bound children abroad. A large number have made the various suburbs of Greater Vancouver and Richmond their home and their presence has been felt in the property market.

While serving the larger Mandarin speaking Chinese market has been relatively easy for realtors – given the larger number of Mandarin speaking people abroad – serving the more exclusive Taiwanese or Fukien speaking client base is more difficult. There are not as many Fukien speaking realtors in international markets. While many Fukien and Taiwanese speaking clients can operate in Mandarin – there is a cultural and emotional dimension to serving them in their native dialect. Realtors that are able to speak Taiwanese or Fukien are increasingly in demand as this niche client base expands its investment initiatives worldwide. In Vancouver, one such provider is Richmond-based realtor Wellington Sy is one of a handful of Taiwanese and Fukien speaking realtors in this market. Sy is a uniquely positioned provider being born and raised in Manila, Philippines and counts Fukien as his mother tongue. The Manila brand of Fukien has strong linguistic similarity to the Taiwanese dialect.

Who Are The Taiwanese Speaking Investors?

Taiwanese speaking clients have a strong affinity to their dialect and culture and prefer to conduct business where possible – in their mother tongue. Certainly this is a universal driving force in business. Language skills are more valuable in today’s market than ever before and the Fukien dialect is emerging as a lucrative niche for business professionals who have this language skill. It is spoken not only in Taiwan by 25 million Taiwanese, but is popularly used in SE Asia – Indonesia, Malaysia, Singapore and parts of Thailand and Indo China as well.

Taiwanese speaking clients have a slightly different investment mindset from their Mainland peers. While investing for profit, they also seek safe environments for residence and raising of families. They tend to be community oriented and have lower risk tolerance. There are relatively fewer Taiwanese or Fukien speaking service professionals in North America and Europe as their influx has been relatively small.

Main Areas Of Taiwanese Investors In Vancouver

The Taiwanese real estate investor community have settled in distinct areas of Greater Vancouver. The more prominent spaces where they occupy are Richmond and Coquitlam. Richmond is a suburb within Greater Vancouver that has a large general Chinese community and a large commercial and dining presence.

Coquitlam on the other side of Greater Vancouver – is more of a pocket presence of Taiwanese speaking clients who seek out the quiet serenity of neighbourhoods like Westwood Plateau which offers mountain views, greenery and a lower cost per square foot than Richmond. Both communities offer different things to the Taiwanese speaking investor.

Two Other Growing Areas

Two other growing niches of Taiwanese speaking client investors in the Greater Vancouver area are Burnaby and Surrey. Burnaby is a large suburb between the city of Vancouver and Coquitlam that has a large Asian community and the Taiwanese are fitting right in. The proximity of Burnaby to the big city amenities of Vancouver attracts many Taiwanese to the suburb. Surrey is an unlikely niche for Taiwanese speaking immigrant investors. It has long been an Indo-Canadian enclave but in the last five years, several Taiwanese commercial interests have sprouted up like a Taiwanese mall. A check with local realtors reveal that there are many Taiwanese immigrants living in the Fleetwood area of Surrey and many are heading to the more high-end neighbourhood of South Surrey.

Conclusion

While their more visible Mandarin speaking cousins take the limelight as international property investors, the Taiwanese speaking niche clientele could provide lucrative investment opportunities for business people seeking to serve them.

Manila Real Estate Choices

Manila real estate certainly has grown. There are many construction projects in Makati and other areas of the metropolis. The outsourcing industry in the Philippines is partly responsible for this growth. Some call centers prefer to have their own building because they can suit its specifications to their own purposes. Other businesses prefer to rent an office in Manila, as this is cheaper than the construction of a building. It also entails fulfilling fewer requirements, as a company doesn’t have to pursue a building permit. There are many areas in metropolitan Manila that offer prime business space.

The biggest companies in the country are located in the city of Makati. In fact, there are some who actually have constructed their own building here, adding to the list of prime Manila real estate. The head offices of many major corporations are based here. Indeed, its reputation as the Wall Street of the Philippines has made a big impact on investors, and the presence of the Philippine Stock Exchange only raises the profile of Makati. An office in Manila located in this particular area is still considered classy and prestigious.

However, Makati isn’t the sole source of business in the Philippines today. There are many adjacent areas catching up to its revered status as the financial center of the country. In fact, all around the main metropolitan area of Manila, there are several places that can stake a claim for this status.

Companies who are looking to rent in Manila real estate will find the Fort Bonifacio Global City to be an excellent choice for their needs. The main business center of the area features an assortment of Class A and Class B office buildings, which are perfect for BPO and IT services. It is a growing upscale location, and it is set to become the next financial center of the country.

Another good choice for an office in Manila is the Alabang area. Like Fort Bonifacio, Alabang offers some great office space. It is also home to some of the finest examples of Manila real estate, with high-class subdivisions like Hillsborough, Ayala Alabang, and Alabang Hills. There are many schools and commercial establishments in the vicinity, making it the ideal place to work and to raise a family at the same time.

Eastwood City in Libis also offers some of the best office buildings in Manila real estate. Some of the most notable Manila office buildings, such as Citibank Square, Cyber One, and the IBM Plaza, are located here. These buildings have the most modern technological infrastructure available, and companies who want to rent in Manila should check this place out. Adding to the luster of this place is the country’s first IT park, the Eastwood City Cyber Park, which is perfect for companies specializing in BPO and other IT-related pursuits.

Some of the best office buildings are located in Ortigas. There are many options for office space in the area, and any company aiming to boost its business presence can be assured of some of the finest Manila real estate for offices here. The Ortigas Center is a great place for your business to be, and it has the best amenities available. The commercial establishments in the area include the EDSA Shangri-La Plaza, SM Megamall, the Podium, and Robinson’s Galleria. This place holds a lot of promise as the next premier location for an office in Manila.

Real Estate Cebu Philippines – How To Guide On Finding One

Real Estate in Cebu Philippines is top choice if your planning to find a property in the islands of Philippines. Cebu is the second most popular city in the Philippines, following the buzzling capital city of Manila. And it’s popular for several reasons.

One of the compelling reason is the white sand beaches. White sand beaches are just minutes drive from Cebu City. But youre interested in white sand, pristine and untouched beaches, then you can still bask in its glory for Cebu can offer it for you. Yet you have to travel a fair amount of time, about 3-4 hours to reach those. They kinda call it untouched for a reason, dont they?

Another reason would be is perfect blend of busy streets and yet not too crowded to cramp your style. At night, Cebu comes alive with its nightclubs and live band music whichever you prefer.

Let’s not forget the security of Cebu. Kidnappings of tourist, bombings or other terrorist acts are unheard of in this peaceful city.

Last but not the least, lets not forget the friendly and smiling people that makes cebu wonderful.

So how do you find your own real estate in Cebu Philippines?

Finding real estate in Cebu, Philippines might be a little tricky.

You see, the Real Estate Brokerage firms in Cebu, Philippines hasn’t yet jumped in the internet bandwagon.

We’ll if you’re smart, you’ll realize that this works to your advantage. This means that few people are buying online, which results that real estate sellers or brokers can’t price too high for fine pieces of properties.

All you need to do is use the internet to have a contact with in Cebu, Philippines. A local brokerage or anyone that can find the property you desire.

One way you can find this contacts is through search engines, like Google or Yahoo. You can search for the keyword “Cebu Real Estate Philippines” or something similar.

Also you can ask you friends if they know someone who are brokers or local Cebu agents.

You can also visit at http://www.CebuRealEstateForSale.com and check the details on how I can help you.

So after you got your contact send your email. Then you can proceed your contacts through phone. And in no time you be owner of your very own real estate in the Cebu, Philippines.