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Foreigners buying houses in the U.S. are taking a bit of a break, says a new report from the National Association of Realtors (NAR).From April 2022 to March 2023, foreign buyers spent $53.3 billion on existing U.S. homes. That's 9.6% less than the year before. They bought 84,600 homes, down by 14.2% from the previous year, which is the lowest since 2009 when they started keeping track.Just like local buyers, the high prices and higher mortgage rates are giving them pause.Although these buyers are spending more on homes, their reasons are changing. They're not just looking for investment; they want to become American residents and citizens.In the mid-2010s, many wealthy Chinese buyers were investing in properties abroad to diversify their wealth. However, things have changed, and now, only about one in every 10 Chinese buyers is buying property solely for investment purposes, according to Kashif Ansari, the co-founder and CEO of Juwai IQI. In 2023, most Chinese buyers are not just looking to invest offshore; instead, they are heading toward becoming American residents and citizens. Chinese buyers spent the most, with an average of $1.23 million per home. They used to buy for investment, but now they're thinking about living in the U.S.After China, the following countries had the most buyers Mexico, Canada, India, and Colombia. And they liked places like Florida, California, Texas, North Carolina, Arizona, and Illinois.These foreign buyers are only a tiny part of the market (about 2%). So, even though they're buying less, it might not change the whole market a lot. Read More: Yahoo.comDo you need expert assistance with real estate investment? Fill out the form below to learn how to get the most out of your investment![hubspot type=form portal=5699703 id=2380afe3-ad4c-4cfa-9abf-d3947e377bf2]

Chinese investments in UAE real estate are gaining momentum, although not as rapidly as initially anticipated. Nonetheless, realtors in the Gulf nation remain enthusiastic about attracting buyers from China due to substantial investment potential and a surge in inquiries.In the first quarter of 2023, China's direct investment increased by 18% to $40.5 billion, with $918 million (up by 191% YoY) invested in real estate, hospitality, and construction globally.According to Kashif Ansari, Co-Founder and Group CEO of Juwai IQI, Chinese households with higher incomes have accumulated a remarkable $886 billion in surplus household savings since 2019.Factors like China's growing economy and increased openness are driving this outbound investment trend. Affluent Chinese households, having saved around $886 billion since 2019, are now venturing into overseas investments, including the UAE.While competition exists from China's domestic market and other global destinations, the UAE's appealing real estate market and strategic initiatives continue to attract Chinese investors. Although the pace may not match initial expectations, the UAE's consistent growth and positive performance make it an attractive option for Chinese investment.Despite challenges, such as regulatory factors in China and evolving market dynamics, realtors believe that the UAE's market attractiveness and strategic efforts will yield increasing Chinese investments over time. Read More: Zawya.comDo you need expert assistance with real estate investment? Fill out the form below to learn how to get the most out of your investment![hubspot type=form portal=5699703 id=2380afe3-ad4c-4cfa-9abf-d3947e377bf2]

Moving house, or any personal property, can be both an exciting and stressful experience. Whether moving across town to a new house or city, packing up your life and settling into a new home can be daunting. However, proper planning and organization can make your relocation smooth and hassle-free. This comprehensive guide will share essential tips and strategies to help you navigate the moving process seamlessly while keeping your real estate goals in mind. Start Early to Stay on Track When Moving House Declutter and Downsize for a Fresh Start Consider Professional House Moving Service Gather High-Quality Packing Supplies Pack Methodically, Room by Room Notify Important Parties Align Your Move with Real Estate Goals Create a Detailed Inventor Plan for Immediate Essentials Stay Calm, Flexible, and PositiveStart Early to Stay on Track When Moving HouseThe key to a successful move is to start early. As soon as you know your moving date, begin the planning process. Create a detailed checklist that outlines every task that needs to be completed before, during, and after the move. Set a timeline for each task and prioritize them to ensure you stay on track. This early planning will give you a clear roadmap and help you avoid last-minute stress.Declutter and Downsize for a Fresh StartBefore you start packing, take the opportunity to declutter your home. Go through your belongings and decide what to keep, donate, or sell. Downsizing lightens the load for your move and allows you to start fresh in your new home without unnecessary clutter. Plus, donating or selling items you no longer need can help offset moving costs.Consider Professional House Moving ServiceIf your budget allows, consider hiring professional movers from a moving company, especially if you have a lot of furniture or fragile items. Research reputable house moving services, read reviews, get quotes and any other relations to find the best fit for your needs. These professional moving companies can save you time, reduce the physical strain of moving heavy items, and ensure your belongings are handled carefully by a trained professional during the move.Gather High-Quality Packing SuppliesStock up on high-quality packing supplies such as sturdy boxes, packing tape, bubble wrap, packing paper, and furniture blankets well in advance. Proper packing materials will help protect your possessions during transit, reducing the risk of damage. You can often find free or discounted boxes from local stores or online marketplaces, but investing in new, strong boxes is a wise choice for fragile or valuable items.Pack Methodically, Room by RoomTo stay organized and make unpacking a breeze, pack room by room. Label each box with its contents and the room it belongs to. Consider colour-coding your boxes or using a numbering system to streamline the process further. This meticulous approach will help you find specific items needed in your new home.Notify Important PartiesDon't forget to inform important parties about your move. This includes updating your address with the post office, banks, utility companies, and subscription services. Additionally, notify your friends, family, and professional contacts of your new address well in advance to ensure a smooth transition and minimize disruptions.Align Your Move with Real Estate GoalsIf you're moving due to a change in your real estate situation, such as buying a new home, selling your current property, or renting, align your moving schedule with your real estate goals. Work closely with real estate agents and professionals to ensure a smooth transition. This might involve coordinating closing dates, lease agreements, or inspections to minimize downtime and stress.Create a Detailed InventoryCreate a detailed inventory list before loading your belongings onto the moving truck. This list should include descriptions of each item, its condition, and its assigned box or location. A comprehensive inventory will help you keep track of your items and provide essential documentation in case of loss or damage during the move.Plan for Immediate EssentialsAs you pack, set aside an essentials box that includes items you'll need immediately upon arrival at your new home. This box should contain toiletries, a change of clothes, important documents (such as passports, birth certificates, and medical records), basic kitchen supplies (like a coffee maker, utensils, and non-perishable food), and any necessary medications. Having these essentials readily available will make your first day in your new home much more comfortable, especially if there are delays in unpacking.Stay Calm, Flexible, and PositiveLastly, remember that no move goes exactly as planned. Be prepared for unexpected challenges like traffic delays, weather disruptions, or logistical hiccups. Maintain a calm and flexible attitude throughout the process, and focus on the excitement of your new adventure. A positive attitude can make a significant difference in reducing stress for yourself and your family.In conclusion, be it residential real estate or commercial real estate, moving house is a multifaceted endeavour that requires careful planning and organization. By following these essential tips and strategies, you can ease the transition to your new home while keeping your real estate goals in focus. Whether embarking on a new chapter in your life or upgrading your living situation, sound decisions and a well-executed move is the first step toward a brighter future. Good luck with your move, and may your new home bring you joy and fulfilment!Ready to make your move? Discover your dream home with the help of our real estate professionals. Enquire below and let the journey to your new home begin![hubspot type=form portal=5699703 id=85ebae59-f425-419b-a59d-3531ad1df948]

Version: CNIf you love concerts, 2023 is your year! Almost every week, there's a big show at Axiata Arena or Bukit Jalil Stadium.But heads up: these events pack the area. Hotels near Bukit Jalil get fully booked, and there's lots of traffic and high parking fees.Coming from another place or just want a smooth day out? Check out our handy traffic and hotel guide to make your concert day a breeze!Your ultimate guide to budget-friendly stays and transportation Transportation Cheap stays near Stadium Bukit Jalil and Axiata Arena Accommodation in Kuala LumpurTransportation: Putra Heights – Sentul Timur LRT routeWant a breezy ride to the concert without the traffic fuss? The LRT's your best bet. For a smooth concert commute, jump on the LRT's Putra Heights – Sentul Timur line. Exit at Bukit Jalil station and the stadium's only a short 10-minute walk away.[caption id="attachment_70682" align="aligncenter" width="640"] The dark red route is the Putra Heights – Sentul Timur LRT route. Photo taken from Train36 website[/caption]A quick heads-up: make sure you're aware of the LRT station's closing times.If the concert lingers into the night, consider a Grab ride back to your stay. Cheap stays nearby Bukit Jalil and Axiata ArenaConcert night at Bukit Jalil? Hotels tend to fill up fast! If you're considering a nearby hotel or Airbnb, better book ahead.But here's a tip: being close isn't the only option. Any hotel along the Putra Height – Sentul Timur LRT line ensures you're a breezy 30-minute ride from the concert vibe.Check out these 6 budget-friendly hotels along the LRT, each priced under RM200 for a night. Perfect for concert-goers on a budget!1. Aurora Pavilion Bukit Jalil by Ody SuitesWith an impressive 4.7 Google rating, this hotel might lean a tad towards the premium side, priced between RM170 to RM210.Beyond its aesthetic appeal and tempting pool, its proximity to the concert – a quick 10-minute Grab journey – makes it a prime choice for concert-goers.[caption id="attachment_70685" align="aligncenter" width="640"] Photo source: Booking.com[/caption] 2. De Elements Business HotelWhile set in the bustling core of Sungai Besi Lake Field, this hotel's a mere LRT hop away from the concert venue at Bukit Jalil. Not only does it boast rates under RM100 per night, but its proximity to an array of eateries ensures you won't go hungry after the show.[caption id="attachment_70702" align="aligncenter" width="640"] Photo source: Booking.com, De Elements Hotel Facebook[/caption] 3. De Luna Hotel Sri PetalingDe Luna Hotel in Sri Petaling offers a dual treat: convenient access to Axiata Arena and Bukit Jalil Stadium, and an enchanting cityscape view of Kuala Lumpur.The price tags, ranging from RM68 to RM112 on different booking platforms, are wallet-friendly. The minimalist yet clean room design has garnered many good reviews and recommendations from previous guests.[caption id="attachment_70699" align="aligncenter" width="640"] Photo source: Booking.com, Agoda, De Luna Hotel official website[/caption] 4. Aster Hotel Bukit JalilWhile its Google rating stands at 3.6, the hotel shines in guest reviews, especially regarding room cleanliness and staff professionalism. It offers solid value for the price and enjoys proximity to both Axiata Arena and Bukit Jalil Stadium.[caption id="attachment_70684" align="aligncenter" width="640"] Photo source: Agoda[/caption] 5. H Boutique Hotel Sri PetalingThis hotel offers exceptional value for its price, ranging from RM67 to RM122. Its proximity to the concert venue is a plus, and it comes highly recommended by numerous guests on Google.[caption id="attachment_70701" align="aligncenter" width="640"] Photo source: Booking.com, H Boutique Hotel[/caption] Where to stay in Kuala LumpurBesides Axiata Arena and Bukit Jalil Stadium, the heart of Kuala Lumpur also hosts some splendid concerts. If your next show is in the city center, consider these recommended accommodations or hotels for your stay!1. Scarletz Suites @ KL City CenterEnjoy the luxury of location with this apartment hotel, positioned just 10 minutes on foot from the KLCC LRT station. The convenience is undeniable, but be prepared for a slightly steeper price of about RM200 a night. 2. Expressionz Professional Suites @ Tun RazakLocated on the bustling Jalan Tun Razak, this apartment hotel is a gem in the city center. Enjoy comprehensive facilities, picturesque room views, and all at an affordable rate of approximately RM150 per night. 3. Ceylonz Suites @ Bukit CeylonCentrally located in Kuala Lumpur, this hotel is a stone's throw from the city's major attractions. Convenient public transport, including LRT and bus stations, ensures easy travel to concert spots. Priced between RM150-RM300, it's a perfect fit for those prioritizing location over budget.Remember, early hotel bookings often mean better rates. Also, head to the venue a bit early to ensure you don't miss a single note!Keep this guide on accommodation and transportation handy to ensure a seamless experience!With Malaysia's concert scene, why not seize the opportunity to invest in a property and transform it into a B&B? Let IQI's real estate agents guide you to the perfect investment property![hubspot type=form portal=5699703 id=85ebae59-f425-419b-a59d-3531ad1df948]