Japan Condominium Market Has `Deteriorated

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The collapse of the subprime market in the U.S. has made it harder for Japanese developers to borrow at the same time as building materials and land have become more expensive, Mori said. Sales volumes may extend last year’s drop and Japan’s slowing economy will make it harder to increase condominium prices. The government’s changes to building regulation last June produced a bottleneck in applications and sent housing starts to the lowest in 40 years in September. Housing starts started to recover this year, falling 5.7 percent in January compared with 44 percent in September. Japanese condominium sales may fall for a third year in 2008, according to the Real Estate Economic Research Institute, a Tokyo-based industry publisher.

Vidorra Condominium residents will have AT&T U-verse access

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Vidorra Condominiums selected AT&T Inc. to furnish U-verse TV, voice and high-speed Internet services to local residents. Vidorra Condominiums is a 20-story, high-rise development currently under construction in downtown San Antonio, near Sunset Station. The condominiums are being developed by Drake Leddy and Jeff Rochelle.

AT&T will deliver that level of service to local residents and under the terms of this agreement, AT&T will also provide wireless Internet service to Vidorra’s meeting rooms, pool and lounge areas, 20th floor sky room. Vidorra also will have a 24-concierge service for residents, a private outdoor swimming pool, a private fitness center with spa, a business center, meeting areas, a coffee bar and two guest suites.

Securing Identification

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One common proposal or suggestion from security experts is to etch your driver’s license number on your most precious or priceless possessions, for example cameras, computers, and even small electronic appliances. It was also recommended to go one step further and photographing all of your treasures and keeping a record of them, together with their description and serial numbers. In addition, experts advice that photographing every kind of identification or document found in your wallet or purse is a form of security. Store photos and records in an off-site secure deposit box. These actions will assist in case whatever thing should happen to your belongings or if your purse or wallet are stolen.  

Kiener Hills Condominium Investment Opportunity, Cebu, Philippines

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Kiener Hills Condominiums are Cebu’s hottest and most accessible investment property. With guaranteed rental returns of 6% per annum for 5 years, you’ll begin reaping the rewards of your investment right away. With 85% financing available, we’ve made it easy to own and invest in your very own apartment in Cebu. These beautiful condominiums are situated in Mactan Island, One of Asia’s premier tourist destinations.

‘Kiener Hills Condominiums’ was originally completed in 2002. Of the 548 total units, less than 10% have been developed and furnished. Majority of these units are being run by SDR Serviced Apartments. The past 12 months has seen the entire project re-developed and upgraded. It now offers an excellent investment opportunity for investors and end-users.

NC Selling Lighthouses As Condos

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Here’s an idea that is worth pursuing.  If you like to live in a no-neighbor zone, sea breeze running through your hair and the sound of romantic crashing watter… this one is for you.  According to plans for the lighthouses, the Cape Hatteras, Bodie Island, and Cape Lookout lighthouses will be sold by the state to be converted into waterfront condominium complexes. Access will be restricted to those wealthy enough to purchase a condominium on the property, although citizens can still “view the historic lighthouses from the road” according to the state.

The lighthouses were meant to be viewed from a distance anyway, as that was their original purpose of signalling ships far away,” said the state in a press release. The new plan to dispose of even more historic treasures owned by the citizens of the state was greeted with enthusiasm by at least one public official.

Sophia condominium receiver begins sorting out options

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The Sophia condominium project’s receiver has begun sorting out which pre-sale buyers are willing to pay higher prices for their units to get construction back on track.

Their options are to agree to pay a price that is 90 per cent of current market value for their units, which in some cases is more than $100,000 higher than initial pre-sale contract prices they signed in late 2005 and 2006, or take their deposits back and walk away. Buyers can take their deposits back if they want, but the order authorizes Bowra to cancel contracts and sell units at current market prices if necessary.

Developer Bill Eden turned the project over to receivership at the end of February when some $4 million in cost overruns threatened to sink the 81-unit development.

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