WK's Australia development 14-16% p.a

[danieldo]

Hi,

Anyone has attend this? Only open to their members though. It was an investment in Pilbara Western Australia.

if there is anyone has 2nd opinion on this? in terms of security or whatsoever. Thanks!

[greengiraffe]

Have u google where Pilbara, WA is? Do you know what Pilbara is famous for?

I suggest you do some simple searches and derive at your own conclusions.

Hi,

Anyone has attend this? Only open to their members though. It was an investment in Pilbara Western Australia.

if there is anyone has 2nd opinion on this? in terms of security or whatsoever. Thanks!

[VIS]

Heard those invested in jan15 received their first payout.
http://propertyinvestmentsingapore.sg/bl...australia/

[brattzz]

looks dodgy, do not invest money just like that!! :O

[BlueKelah]

i think moderator should delete threads like this

really waste of time for us VB to read.

[greengiraffe]

Heard those invested in jan15 received their first payout.
http://propertyinvestmentsingapore.sg/bl...australia/

http://www.valuebuddies.com/thread-5870-...#pid118794

[weijian]

Heard those invested in jan15 received their first payout.
http://propertyinvestmentsingapore.sg/bl...australia/

If things go wrong, because of the different jurisdiction, it should be a nightmare trying to (1) sue the developers if they jump bail on their 'guarantee', (2) hire the necessary legal+physical help to exercise your rights to the land title.

It is been mentioned as a financing deal. IMHO, if wanna be Ah-Long, better be one in my own backyard and also to someone who is 'smaller' than me. At least, i know the means and the way to secure my rights or collect payment.

[VIS]

Heard those invested in jan15 received their first payout.
http://propertyinvestmentsingapore.sg/bl...australia/

http://www.valuebuddies.com/thread-5870-...#pid118794

Thanks GreenGiraffe. This is a very useful link to understand about the current property trending in western Australia city, in particular Pilbara.

My brief understanding is that Australia is one of the world largest iron ore mining countries and Pilbara has the finest iron ore quality in the world. The investment is not about land banking nor property investment. It is about financing only. Securities are those land titles and developers' guarantees.

Agree with GreenGirafee to exercise own due dilgence and decide for yourself. 

There is no lack of scams and scandals. Any form of investments and savings is never about no risk. Current saving can never beat or cover inflation in the long run.

[greengiraffe]

• Aug 26 2015 at 6:34 PM 
   
  
  
•  Updated Aug 26 2015 at 7:49 PM 
  

Crowdfunding provides way in for property investors

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[img=620x0]http://www.afr.com/content/dam/images/g/j/8/8/n/g/image.related.afrArticleLead.620x350.gj7xwt.png/1440582571950.jpg[/img]CrowdfundUP's Jack Quigley, left, and DomaCom's Arthur Naoumidis talk property crowdfunding in Sydney.Ryan Stuart
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by Su-Lin Tan
"Are you running a Ponzi scheme?" was the reaction CrowdfundUP's founder Jack Quiqley got when he started his crowdfunding platform to raise money for property investments. 
Australia was the "nanny state" holding back investors from owning properties, Mr Quigley and his peers from crowdfunders DomaCom, VentureCrowd and Prodigy Network's 17 John Street told a Property Council of Australia breakfast in Sydney on Wednesday. 
Property crowdfunding has taken off in the US, with $1.42 billion in investments, and in Europe, with more than  $1 billion, but only $80 million from the rest of the world, a report by CrowdfundUP said. China was on track for a possible $45 billion market. 
With median house prices in Sydney scaling $1 million and in Melbourne $700,000, property equity crowdfunding gives retail investors a chance to own properties for smaller outlays – as low as $100.

"Think of it as a real estate investment trust with  no ongoing fees. The crowd picks the properties, which is also diversified across types," Mr Quigley said. 
"On top of that, there are no large fees or middlemen such as brokers."
NOMINATE PROJECTS 
Property crowdfunding raises funds from a "crowd" of investors for a project or investment. The crowd meets online and investors "pledge" their capital to projects. Investors can nominate projects or platforms can make suggestions. 


"The most popular property investment types are residential, commercial and industrial, although storage unit complexes had been crowdfunded in the US," CrowdfundUP said. 
Mr Quigley's CrowdfundUP, based in Perth, is a one-stop online platform that accesses properties from developers or fund managers for investment. 
The platform has two opportunities running – one that is raising $500,000 to part-invest in a $10 million industrial property in Sydney with asset manager Lester Group and the other, also $500,000, for a Perth residential property by developer Megara. They require a minimum outlay of $10,000. 
With Arthur Naoumidis' DomaCom, things are a bit different. DomaCom is not only an online platform but it is also an Australian Securities and Investments Commission-registered managed investment scheme, with an ability to manage crowd money like a fund. 

"It is like a marriage between E-Trade and realestate.com.au," he said. 
BOOKBUILDING EXERCISE
"The pledges that people put on to the platform is like a bookbuilding exercise. Think of it as a modern syndication, which takes properties and cuts them up into small chunks."
DomaCom performs due diligence on potential properties in stages to ensure they are profitable deals. It has launched nine property opportunities and has another 52 to go. 

Investors in DomaCom deals can buy their units, or "chunks of properties", for as little as $2500 and sell them to other investors.
DomaCom charges a small 0.8 per cent fee, while CrowfundUP earns money from developers and asset managers. 
However, the platforms have their own troubles.  
"My biggest concerns are failed landbanking schemes, which give us a bad name," Mr Quigley said. 
The legal framework surrounding crowdfunding is also still in its infancy  in Australia. The latest development is a framework discussion paper released by the Abbott government late in 2014.  

[CityFarmer]

Crowdfunding has just started in M'sia and Singapore, but are getting popular. The legal framework is the key, as a protection to investors. It look interesting to smaller investors, with greater "diversification" possible. It is one of my "learning topics"...

London, seems a good case study, with a very popular, and sizable crowdfunding for property retail investors.

(sharing few points on crowdfunding)