Growing Usage of Smart Phones in the Real Estate Market Outlook: Ken Research

Real estate industry is that industry which is turned up significantly with the development and transformation in the technology. However, usage of mobile phones has totally changed the landscape of this industry and according to the study it is observed that the major portion of realtors doing business of real estate with the mobile. Additionally, findings revealed that the application of mobile phones in the real estate industry to the buyer and seller as well as realtors is very useful in the recent years. According to the report analysis, ‘REAL ESTATE INDUSTRY RESEARCH AND MARKET REPORTS’ states that efficient usage of smart phones has definitely made the process of buying and selling houses much easier than the ancient times and with the introduction of various apps related to the business of real estate lead to significant growth to this real estate industry.

In both developed and developing countries, the usage of smart phones is growing and it is one of the most useful items in the market of real estate as it allows them to keep in constant contact with the respective buyer and other clients. In the recent trend, the smart phones are made up of various attractive and useful application which includes compose a mail, maps, GPS, built-in camera/video and also provide internet access which are playing significant role in this industry as with the help of GPS and Maps anyone can easily access the location of any property and if someone is not able to pick up the call user can send mail or text message. Realtors can access their work from home or being present in the field of any place on the globe. According to the report analysis, MARKET RESEARCH REPORTS FOR THE REAL ESTATE INDUSTRY’ states that the smart phone technology offers the advantage of more flexible working practices for the real estate agents and the various applications of this technology result in the growth of the real estate industry in the significant manner. Smart phones enable prospective property buyers to gain access to property details and can find images with the facility of internet in the mobile phones without speaking or telling to the real estate agent. In the recent trend, various apps such as Zillow, Agent Folio and others are made which are providing secure messaging systems for text and image transmission whereas, contracts can be sent to anyone and signed electronically furthermore it make the market more profitable.

In the developed countries the real estate market is growing rapidly with the vast usage of mobile phones. As the smart phones applications are great for aggregating listings, but there are plenty other apps that might be helpful for the business of real estate and run the market smoothly. The Europe region, the mobile phones in the real estate market is dominating the significant share with the more applications and development in the smart phones whereas China (Asia Pacific) is also expected to acquire handsome amount of share in this market. Not only has this, North America has been performing further development in the sector and introducing apps with the brilliant specifications which lead the market in a positive manner. Therefore, it is expected that in the coming years the increasing usage of smart phones in the country will drive the market of real estate will growing positively in the near future.

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Increasing Use of Blok chain Technology in the Real Estate Market Outlook: Ken Research

OVERVIEW: Unsurprisingly, in the recent past years, there is a dynamic change in the lifestyle with the increase in the disposable income which makes the economy more developed and attractive by establishing more buildings and people are investing more significantly in advance concepts of smart cities. Hence, in developing countries, companies of this sector are becoming more active and doing effective job with the development in the technology. According to report analysis, ‘REAL ESTATE MARKET RESEARCH REPORTS’ suggests that it is expected that in the coming years the industry of real estate is growing significantly with the more development in the technology, services and expansion of businesses.

OUTLOOK: The extensive development in the technology can dramatically improve the working of many companies in real estate business and show growing prevalence of technology in way of sharing databases and processes. The development in technology transforms the industry and this sector shift from tradition methods to online modes of dealing. This also eliminates the presence of middle man and leads to reduction in cost. Online mode of dealing leads to fruitful interaction between a buyer and a seller and results in expanding their customer base with their services which are much reasonable and less time consuming. Moreover, block chain technology has significant impact on the real estate industry. Block chain technology in real estate business has an ability to improve the efficiency of transaction and make the unique individual identity for users through which consumers feel secure by sharing financial information. This technology can make the data more accessible with information and can also escort the financing of properties by compiling users’ financial records. The main usage of block chain technology is done for securing financial transaction and also reduces paper work by digitizing and centralizing the information and data related to agreements and contracts. REAL ESTATE BUSINESS REVIEW suggests that block chain is one of the major catalysts leading this movement. Additionally, facilitating transaction is one most prominent application of block chain technology and parties on either side of a transaction does not need to trust each other to do business therefore; this is the greatest technology innovation of the in this segment.

MARKET SIZE: The market of real estate is expected to grow significantly globally with more development in the applications of the block chain. Additionally, the real estate sector is booming whereas thousands of key player are working across the world and generating billion of revenue. The countries across the globe like New York and others are back to being among most expensive markets whereas, Washington, Portland and others are among the fastest rising market. But the market of Canada has been the recent headliner. Many major key player are benefitted by the mergers & acquisition and joint ventures in this industry such as iLOOKABOUT recently signed a joint venture with Cherre Inc. Whereas, many more key players are functioning in this sector such as Block strain Technology, 360 Block chain, Y Dreams Global, GoverMedia and others. US have also launched projects to examine the benefits of block chain for land registry and transfer of documents. Moreover, development in the developing countries is also playing crucial role in the real estate industry such INDIA and others.

COMPETITION: Development in the technology witness the growth in the real estate industries and increase the number of companies like Realty Share has begun to accept bitcoin as a medium of payment that not only increases the speed, but also reduces the transaction fee. Many more companies are functioning for marking the technology of block chain more effective and ensure that many other real estate agents will join that list very soon. In certain cases, some of the major key players are charging more fees for finalizing the deal but somewhere, the companies which accept the money in terms of cryptocurrency such as bitcoin charge less fees or sometimes no fee.

CONCLUSION: The industry of real estate is expected to grow significantly due to more development in the lifestyle of people, increase in disposable income, modernization and others. Majorly, existing companies are also welcoming new players who support them by investing more for the expansion of business. Therefore, the real estate industry is growing in the coming years over the recent years. 

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Current Scenario of American Industrial Real Estate Market Outlook: Ken Research

Industrial sector has been the most sought after property type for the real estate investment community over the past few years and indications point to that continuing in 2018. Industrial property demand has always been a function of economic growth. Real estate industry analysis results predict that for every USD 1 billion additional e-commerce sales, 1.25 million square feet of distribution space is required. This means that at least another 85 million square feet of distribution space will shortly be demanded. Therefore, despite GDP growth hovering around 2% for the past seven years, industrial real estate will continue to outperform due to e-commerce driving the market.

The current trends that are observable indicate that 2018 will be a year driven by transaction volume.

1. Transaction volumes are continuously rising and total industrial volume has seen a stable increase till 2015 where it reached the highest transaction volume ever. Then in 2016 it dipped but rose in 2017 to the second highest transaction volume ever. Northeastern region is significant as there has been year over year growth of 7% attributable to a combination of single asset sales and larger portfolio transactions such as sale of The Hampshire Companies’ northern New Jersey portfolio as well as Duke’s purchase.
   
2. Industrial pricing has remained strong. Investors have flocked to the industrial sector because of its impressive year over year rent growth which hovers around 8% to 11%. Surplus capital and increasing demand has driven pricing for Class A distribution space in core locations to 3.9%- 4.6% cap rate range.
   
3. Funding deficits seem to be largest amongst investors despite foreign investments up by approximately 30%. Institutional industrial allocations will be surpassing retail allocations over the next year, as investors increasingly meet their retail targets with industrial products. There is a large inbound queue among fund managers and it is clear that the under allocation has been amplifying demand for industrial product.
   
4. The rising GDP and growth in manufacturing sector are continuously increasing the demand for industrial real estate. Market research reports for real estate indicate that this growth has largely been due to the explosion of e-commerce that has increased the need for industrial real estate. Today there is a huge requirement for warehousing and other related industrial real estate. Even product diversification and variations need to be maintained which requires industrial real estate.

All these factors when considered present the conclusion that 2018 and subsequent years will see higher transaction volumes as investors will continue seeking bright future prospects. In addition experts also expect larger portfolio sales and recapitalizations to be a significant trend in 2018. The continuous growth of e-commerce will further the demand for industrial real estate and the growing concerns relating to the environment are also a contributing factor as they lead to demand for large single efficient units rather than multiple small ones. Real estate in its single sense is developing but multiple studies showcased industrial real estate is the key growth driver. 

Key Topics Covered in the Report

Real Estate Market Research Reports

Real Estate Industry Analysis

Market Research Reports for Real Estate

Real Estate Industry Research Report

Real Estate Market Research Reports Consulting

Real Estate Business Review

Real Estate Industry Research and Market Reports

For more information on the research report, refer to below link:

https://www.kenresearch.com/manufacturing-and-construction/real-estate/SC-97-38.html

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Ken Research

Ankur Gupta, Head Marketing & Communications

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Impact of Urbanization on Real Estate Market Outlook: Ken Research

Real Estate Market Research Reports suggests that since working population is young, affluent and career oriented their disposable income has increased and so does their purchasing power which led to rapid urbanization in search of better opportunities and career prospects. Mass migration from rural to urban areas for better living standard and resources is causing huge pressure on real estate business since they have to reform prices as per increased demand. To keep up with changing lifestyle in the city real estate sector has started partnering with investment community and government to develop urban housing scheme. Moreover A populous city has active interaction between private and government sector that would mark new benchmark for innovation to ensure good supply of housing to white collar mavens.

Influencers

Transparency and quality: Newspapers are jam-packed with news of collapsing buildings, demolition, inadequate infrastructure and unlawful eviction causing devastating impact on human life. Therefore transparency is utmost important in real estate so that agent abide by strong ethical standard. Furthermore it is prerequisite to have safe and secure land use planning of urban area as there is proliferating informal settlement with increase in global urban population.

Rents: Even with lower vacancy rate large businessmen are willing to pay premium for building that has access to proximity to work, transit, and amenities. Therefore landlords charge huge rents for urban commercial and residential spaces.

Infrastructure: Peripheral infrastructure of transportation, education and healthcare will lead to substantial and sustainable growth in Real estate business.

Nuclear Family: Due to growth in nuclear middle class family in countries such as India and china real estate business has better growth opportunities in residential sector.

Market Segmentation On The Basis Of Type of Property:

Residential: On the basis of investment, owned houses have fewer shares in market than the rented ones. Owner-occupancy ratios vary from country to country it is stronger in Spain, Italy and Singapore as compared to Switzerland, Hong Kong and Germany. Since younger are more renter than old, aging would cause huge impact on ownership rate.

Office: Urbanization will lead to increase in office employment and therefore boost demand for office space. Commercialization has huge contribution in expanding office buildings.

Retail: Driving force of Retail sector is size and wealth of the population that is it is directly related to the purchasing power of the citizens. Due to rise in employment of youth their purchasing power would increase therefore directly expanding retail space. Maximum increase in demand for retail spaces in seen in emerging market such as that of US and Western Europe.

Real Estate Industry Analysis states that over the decade rapid increase in population is seen in Africa and Asia especially in India; even in china the growth has been slowed down therefore there would be huge affect on the demand of retail, commercial and residential spaces. Africa and Asia will have the maximum numbers of urban dwellers by 2030 that would in turn not only demand housing furthermore the demand for better infrastructure and innovated commercial space will increase as well. Therefore has opened major opportunity gates for real estate to provide access to affordable living.

Key Topics Covered in the Report

Real Estate Market Research Reports

Real Estate Industry Analysis

Market Research Reports for Real Estate

Real Estate Industry Research Report

Real Estate Market Research Reports Consulting

Real Estate Business Review

Real Estate Industry Research and Market Reports

For more information on the research report, refer to below link:

https://www.kenresearch.com/manufacturing-and-construction/real-estate/SC-97-38.html

Contact:         

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-124-4230204

Increasing Opportunity in Indian Real Estate Market Outlook: Ken Research

India has been investing in many sectors to further its economic performance. One such sector is the real estate sector in which the huge population is seen as a growth driver. Recent years have seen many new developments in technology and trade with foreign investors increasing their interest in India. There have also been a number of significant policy changes and the effects of the imposition of such laws are currently debatable. However, real estate industry research and market reports suggest that 2018 will be a favorable year for the Indian real estate market which will benefit from recent reforms.

Real estate market research reports bring out the fact that in 2018 there are several challenges and opportunities for growth especially for the home buyers and home developers. All this comes after a very irregular movement of the industry in 2017 when too many things happened. The effect of demonetization was still visible in 2017. The Central   Government in the Union Budget 2017-18 introduced ‘Housing for All by 2022’ which comes with a number of benefits like availability of prime land parcels, access to funds and fast approval of incentivizing for the affordable housing projects. The government also introduced RERA to bring complete transparency between buyers and sellers. This act has raised the interests of home buyers and confidence among the consumers. Furthermore, the introduction of GST in 2017 aimed to dismantle multiple tax system and the effects were evident as in 2017, 30% less units got sold out compared to 2016.

For 2018 there is some expectation from both buyers and developers that new government policies will boost the housing sector. India is working on promoting Real Estate Investment Trust (REIT) and there is also projection of receiving Private Equity (PE) investment of about USD 4 billion during the fiscal year. As far as listing down the metro city that would yield a good return to developers, Bangalore tops the list.

RERA though good for the public, presents a very different scenario to the developers. They have to face the restriction to new construction and instead complete the existing ones within the deadline. As a result 2018 is expected to witness major sales and delivery in the residential market.

Since the establishment of GST the real estate sector has been facing huge roadblocks due to high GST rates. The government needs to realize that home buying is a huge investment and such unfavorable tax conditions are detrimental to the industry. Estimates show that the government should bring down the GST rate 6% to encourage buyers to invest in new projects. However, the government has taken a few steps to change the scenario. These include various tax incentives and reforms like interest subsidy.

Input costs are also on the rise. Since real estate is a capital and labour intensive industry, a rise in the cost of labour will create issues. Cement companies have also raised prices creating problems in project development. The government is trying to compensate by launching schemes like Pradhan Mantri Awas Yojana which aims to build houses for everyone by 2022.

Major developments have affected Indian real estate recently. The government has attempted to maintain a healthy environment for everyone by launching schemes and subsidies. It has also aimed to increase transparency in the market by furthering RERA which promotes clean capital. Such steps that incorporate favorable government schemes, FDI and transparency are expected to drastically change the future of the real estate sector in India starting from 2018. 

Key Topics Covered in the Report

Real Estate Market Research Reports

Real Estate Industry Analysis

Market Research Reports for Real Estate

Real Estate Industry Research Report

Real Estate Market Research Reports Consulting

Real Estate Business Review

Real Estate Industry Research and Market Reports

For more information on the research report, refer to below link:

https://www.kenresearch.com/manufacturing-and-construction/real-estate/SC-97-38.html

Contact:          

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-124-4230204

Vietnamese Real Estate Market Outlook: Ken Research

The flourishing middle class and a gradual transition from the communist economy to entrepreneurship and foreign investment have positively impacted the real estate sector in Vietnam. The overall change in the financial profile has created a need for more residential, retail, commercial and office spaces in the country. Real estate market research reports consulting brings about the fact that investment in real estate in Vietnam grew by 13% in 2016 in comparison to 2015.

Recent real estate business review in the Asia-Pacific region showed that Vietnam is an emerging player in the real estate sector. Technology has greatly augmented modern infrastructure. Use of technology became inevitable when foreign investment in real estate started increasing as real estate websites, and online portals reached out to buyers and investors across the border. Ho Chi Minh City is at the center of economic activities in Vietnam. Investors report that office rentals in Ho Chi Minh City are higher than in Bangkok. Typical real estate in Vietnam consists of cramped apartments and decent shopping complexes. However, with developed cities like Ho Chi Minh City and Hanoi many new projects are commencing which will bring about modern infrastructure. As the recent global popularity of smart cities increases Vietnam too is investing in sustainable development.

Smart cities require efficient public transportation like metro that connects major locations at an affordable cost. This will lead to commercialization of surrounding areas thereby developing modern infrastructure.

Energy conservation is on the rise now and so is its importance. Many famous cities globally have incorporated this in their core beliefs and have built on it. Vietnam is also catching up with intelligent building management systems from Siemens that aim to reduce energy consumption almost by 30% as tests in Taipei show. So far hundreds of buildings have been fitted with this system such as the German House in Ho Chi Minh City, in residential buildings and resorts. Also, Buro Ole Scheeren has unveiled Skyscraper Complex in Ho Chi Minh City featuring Sky Forests.

Management systems that are universal to all cities are being developed. This is being done because the needs of Hanoi are different from that of Ho Chi Minh City and cities need to prioritize them. Technologies offer solutions to execution of master plans but until there is a proper structure of demands they cannot be fulfilled.

Many public recreation attractions are also being set up such as Hanoi Lotus Centre built by DeciBel. Samsung and Choon Soo Ryu have developed a community center in Thuyhoa as part of the social development project ‘the Nanum Village’.

Seimens has emerged at the forefront of real estate developments in Vietnam. It is working with the Ministry of Transport and different city governments. Other property developers are also extensively adopting technology. Dat Xanh Group, headquartered in Ho Chi Minh City, has consistently been ranked among the best in Vietnam and has carried its excellence to its real estate subsidiary. FLC, headquartered in Hanoi, is among the biggest real estate companies in Vietnam and has won considerable number of accolades for its services. Vingroup, based in Hanoi and owned by the richest person in Vietnam, is among the biggest Vietnamese business houses and has real estate subsidiaries like VinHomes and VinPearl.

The country has a bright future in terms of real estate evident by the fact that foreign countries are investing in its real estate. The top 5 countries that invest in Vietnamese properties are Japan, Singapore, South Korea, US and Hong Kong. These international partnerships are beneficial not only for the real estate sector but also for the country in general. Vietnam’s growth is similar to that of China’s and it is emerging as a competition to China because of its comparatively cheaper output products and services. However, observing the rate of commercialization experts believe that the Vietnamese real estate sector has a lot of potential for growth.

Key Topics Covered in the Report

Real Estate Market Research Reports

Real Estate Industry Analysis

Market Research Reports for Real Estate

Real Estate Industry Research Report

Real Estate Market Research Reports Consulting

Real Estate Business Review

Real Estate Industry Research and Market Reports

For more information on the research report, refer to below link:

https://www.kenresearch.com/manufacturing-and-construction/real-estate/SC-97-38.html

Contact:         

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-124-4230204