Coronavirus: cautious Brisbane developers forge ahead to meet demand from overseas buyers

first_imgBruce Goddard, the director of Place Projects, said that although developers remained reasonably positive there would no doubt be a drop in inquiries. However, those they did receive were solid leads.“Any inquiries we are getting in these conditions is a quality inquiry, there’s no flippant buyers,” Mr Goddard said.“It’s an opportune time to come in, with fewer buyers in the market, low interest rates and stock market issues,” Mr Goddard said.He said Australian property was appealing to the offshore market, especially among expatriates, who consider home soil as a good place to come back to. Developers will carry on with projects under construction such as Queens Wharf where a multimillion dollar penthouse sold this week. Photo: AAP/David Clark“We are affordable for the offshore market and developers are taking advantage of that,” Mr Goddard said.Peter Chittenden, managing director of residential at Colliers International, said that on a national level the company has had a sharp increase in online inquiries, but foot traffic had dropped.He said that the appetite for investment in residential apartments remained, and people were still selling, but the employment issue was a concern for many. “The reality is that anyone who bought during the GFC and 9/11 events saw that after three years the market lifted and they were rewarded. It didn’t happen immediately.”He agreed there was renewed interest from the offshore marrket, an increase of up to 15 per cent, from buyers wanting to take advantage of the exchange rate.NGU Corp property developer Emil Juresic said he still had properties under construction.His latest development, a five-bedroom, six-bathroom home in Ascot will be launched to the market in April, priced at more than $3.5 million.Mr Juresic said: “A lot of developers are full-steam ahead with projects, but they see a three to five-month hurdle in front of them. We hope by that time coronavirus will be gone.“You don’t build in one month, it takes time,” he said. “I don’t think (COVID-19) will have a massive impact on development at this stage. “But yes, developers will be more cautious because we don’t know how long these times of uncertainty will last. We don’t know what we are dealing with.”Despite this, Mr Juresic said he was about to kick off two new development schemes.More from newsCOVID-19 renovation boom: How much Aussies are spending to give their houses a facelift during the pandemic3 days agoWhizzkid buys almost one property a month during COVID-197 days ago“We will keep building and selling, but how much we expose ourselves in borrowing and the risks we take is still unfolding.”Tony Pennisi, the owner of Hub Projects Beenleigh, said he has received a growing number of inquiries for acreage blocks over the past couple of weeks. There has been a spike is in interest in acreages such as those at Evergreen Ridge in Jimboomba by the developer Terry McKinnon.Mr Pennisi, who is marketing lots at Evergreen Ridge in Jimboomba, attributed the spike of inquiries to COVID-19, saying people were keen to find either vacant land or a house on a large block of land. “People are definitely keen to put space between themselves and their neighbours. Self-isolation makes people think about the important things in life and being confined in suburbia is not their focus now,” Mr Pennisi said.“Acreage gives people more options for a self-sufficient lifestyle, where families can live in larger homes. They can grow food and have space to park their boat or caravans on the block or build a bigger shed.”He said a lot of the inquiries were from the greater Brisbane area and mostly via Facebook and their website. Destination Brisbane Consortium project director Simon Crooks said their contractors were onsite and working safely and tirelessly to progress the construction of Queen’s Wharf Brisbane. “Our workforce is strictly following government guidelines, but otherwise its business as usual as concrete continues to be poured onsite to build the basements of the integrated resort,” Mr Crooks said.“Interest in the residences remains strong and following government guidelines we have introduced additional measures such as adopting a one appointment only at a time at our display suite.” QLD property industry adapts to new ways of buying and selling amid COVID-19 crisis NGU Corp’s new-build project, a five-bedroom, six-bathroom home in Ascot, will launch to the market in April, priced at more than $3.5 million.Brisbane developers are lapping up opportunities to sell new homes and off-the-plan apartments, particularly to offshore buyers, before the COVID-19 crisis takes full effect.A multimillion-dollar penthouse was sold last week at Queens Wharf Residences and inquiries have been strong from multi-generational families looking to build a “family compound”. MORE CORONAVIRUS NEWS: Millions in home sales as virtual reality auctions kick offcenter_img What next for our housing market?last_img read more

Argonauts Prepare for Crucial Conference Action

first_img March 30, 2007PENSACOLA, Fla. – With 21 games remaining, West Florida will look to improve in the Gulf South Conference standings this weekend. West Florida will (22-17, 2-4) will host 13th ranked Alabama-Huntsville (30-9, 3-3 GSC) on Saturday and North Alabama (24-10, 5-1 GSC) on Sunday. Double header action on both days at the UWF Softball Complex will begin at 12:00 p.m. CST.West Florida is coming off a 2-2 road trip last weekend to West Alabama and West Georgia. The Argonauts are in search of consecutive wins over NCAA Division II opponents since sweeping a double header from Rollins on Feb. 11. West Florida is currently in fifth place in the GSC East Division.Ashlee Simpson (Decatur, Ala./Jefferson State CC) leads the Argonauts with a .339 batting average. She is on a season-high seven-game hitting streak and is batting .565 (13-23) during the streak. In the center circle, Emily Burge (Pace, Fla./Pace HS) and Taren Walton (Pensacola, Fla./Daytona Beach CC) have each compiled 10 wins. They have combined for a conference-high 330 strikeouts and a .202 opponents batting average.Alabama-Huntsville is coming off a double header split against North Alabama on Wednesday. Jenny Hess leads the Lady Chargers with a .358 batting average, six home runs and 22 RBI. Sage Woodham (14-3) has posted a conference-low 0.50 earned run average. North Alabama will play at fifth-ranked Valdosta State on Saturday before traveling to Pensacola.Saturday and Sunday’s games will be broadcast on Stretch Internet. To listen, click on the Stretch Internet icon on the front page of www.goargos.comPrint Friendly Version Share Argonauts Prepare for Crucial Conference Actionlast_img read more

Min-imal fuss for Supreme favourite at Punchestown

first_img Well backed for the Cheltenham Festival opener before he had even set foot on a racecourse for Mullins, he had impressed at this track last month. Stepped up in class to Grade Two company, he was following the successful footsteps of stablemates Vautour and Douvan, who also took this race before glory at the Festival in March. Willie Mullins’ hotpot Min strengthened his grip on the Supreme Novices’ Hurdle with an effortless win in the Sky Bet Moscow Flyer Novice Hurdle at Punchestown. For the first couple of furlongs, Ruby Walsh tracked Tongie but soon sent the 1-7 favourite into a lead which he was never to relinquish. Attribution tried to make a race of it turning into the straight, but Walsh pressed the button approaching the last and shot clear to win by nine and a half lengths. While the race lacked any strength in depth, it was hard not to be taken with his performance and not surprisingly the bookmakers took evasive action for Cheltenham, with Betfred going 7-4 for the Supreme. Walsh said: “I didn’t have much of a say in that, he took a fair grip and was pinging his hurdles so I couldn’t pull him back. “I slowed it up running to the second-last, hoping to get a breath into him but they were on my tail pretty quickly so I had to go again. But he quickened up really impressively and won comfortably. “He’s learning as he goes, but you never want to get left behind at Cheltenham anyway as you’ll never get back into the race. “I think he’s like Vautour and Douvan, raw and immature, but he’s doing his talking on the track.” Mullins said: “You could not ask for any more, and he’s living up to all the chat about him. He does his best work at home on better ground, so to do that on this ground is a big plus. “I don’t know if he will run again before Cheltenham, probably not. He’s a very easy ride at home, but he seems to grow horns or wings on the race track. He took a hard hold today. “I was very impressed that he could pull so hard early on, then Ruby gave him a breather and when the other two came to him I said ‘we’ll see what’s in the tank now’. But he just eased right away.” center_img Press Associationlast_img read more

FHP Increases Patrols Following “Doughnut” Stunt on I-95 in Boynton

first_imgParty on the highway? Sounds different and dangerous, and it happened on I-95 in Palm Beach County last weekend.Now, the FHP plans to step up its patrols.According to arrest reports, 26-year-old Alef Almeida and his passenger, 32-year-old Leonardo Lopes de Almeida, joined a large group of vehicles to do “doughnuts” early Saturday morning in the northbound lanes in Boynton Beach.Traffic was backed up for several miles, as the video obtained by The Palm Beach Post shows several vehicles spinning in circles and narrowly missing people standing feet away.The stunt led to Alef Almeida being charged with reckless driving, stopping traffic for a race competition and driving a motor vehicle while racing on a highway, parking lot or roadway.Meanwhile, Leonardo Lopes de Almeida faces one charge of riding as a passenger in a race competition.Both men, who are from Broward County, left the Palm Beach County Jail several hours later on their own recognizance.The other vehicles involved left the scene before FHP arrived.FHP Lt. Yanko Reyes told The Post, “We’re increasing our vigilance through the midnight shifts to make sure we deter these individuals.”Watch the video, obtained from The Palm Beach Post and our news partner, WPTV NewsChannel 5:last_img read more

Everton Aim to Halt Chelsea’s Title Charge

first_imgAntonio Conte has a full squad to pick from for Chelsea’s crucial trip to face Everton on Super Sunday. The Blues play at Goodison Park in the first installment of Super Sunday before Premier League title rivals Tottenham take on north London rivals Arsenal at White Hart Lane.Chelsea, who are four points clear of Spurs with five games remaining game, face arguably their toughest game of the run-in at Everton and Conte is not underestimating the Toffees pose.“Everton are a really good team, a strong team with great players in their squad, good quality. A physical team also,” said Conte. “They have a good manager and play exciting football. For sure it will be a really tough game for us but at the end of the season, I think every game becomes tough for many different reasons. “When they play at home they are strong. For us it is very important to look at ourselves, to prepare very well for this type of game.”Meanwhile, Everton manager Ronald Koeman has called on his side to refocus and finish the season strongly after a poor performance in a 0-0 draw with West Ham last weekend.“Maybe we need to change our mentality a bit because I felt a bit less intensity in the game last week, maybe a bit less motivation.  It is always difficult if you have already the seventh position in the pocket and maybe they get a little bit more holiday or end-of-season feeling.“That is what I don’t like. We like to keep momentum at home, we are strong at home and we know what we need (to do) to face the best team of the Premier League.”Conte is expected to continue with his tried and tested regulars as his side edge ever close to the Premier League title, and that means Hazard and Costa look set to start.Chelsea have won 78 points from their 33 Premier League games so far. This is the eighth occasion that a side has won 78+ points from 33 games in the competition and half of those have been by Chelsea (Chelsea – four times, Manchester United – three times, Arsenal – once).Should Chelsea win their remaining five Premier League matches of the season, they will finish the campaign on 93 points. This would be the second-best points tally by a side in a Premier League season, after Chelsea in 2004-05 (95).Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Sweet Senior Day

first_imgIt was the storybook ending in Wisconsin’s 52-50 victory over Michigan State Saturday for Jason Chappell, Kammron Taylor and Alando Tucker on Senior Day.Chappell provided solid post-defense, chipping in with a game-high two steals.Tucker shouldered the Badgers’ scoring load all game with 26 points — half of Wisconsin’s total points.Taylor, however, struggled to find his shooting touch. Thirty-one minutes into the game, UW’s senior point guard hadn’t hit a field goal, but that quickly changed.With 8:15 remaining in the second half, Taylor knocked down a 3-pointer in transition to give Wisconsin a 38-34 lead. Yet, his most important field goal came in the closing seconds of the game.Down 50-49, the Badgers called a timeout with 11.7 seconds left in the game. The last play was designed to have Taylor roll off a Tucker screen at the top of the key and then to make the best decision. His choice: shoot it.Taylor sank the 3-pointer with 3.9 seconds remaining to end his Kohl Center career on a high note.”[Taylor] made a heck of a shot,” MSU head coach Tom Izzo said. “He hasn’t been making many lately, but I guess that’s the way it’s written in Hollywood when you’re a senior.”The shot certainly got the monkey off Taylor’s back that has been bothering him over the past three games. After a 0-for-6, two-point performance at Michigan State and the Ohio State game that saw him miss a crucial free throw and the last shot, Saturday looked like it was going to be much of the same for Taylor. However, one shot may have changed it all.”This week has been rough,” Taylor said. “But it ended on a good note — to go out on a win on your home court and the way just everything played out. This makes everything worth it.”Despite his recent struggles, Taylor still had the confidence to take the last shot.”I’m not that type of person to lose confidence in my shot,” Taylor said. “It would be a lie if I said I didn’t want to take the shot.”Wisconsin head coach Bo Ryan didn’t lose confidence in Taylor, either, as he put the ball in his point guard’s hand at the end of the game.”That’s Kam — he’s not going to let [missed shots] deter him,” Ryan said.Following the game, the sellout crowd at the Kohl Center was treated to a video montage honoring the Badgers’ senior class of 2007.The seniors each had their own highlight reel and segment thanking various people for helping them over their respective careers. Most thanked family, coaches and fans, but Taylor had a particular person he had to show his appreciation to.”I’d like to thank Devin Harris for leaving and giving me a chance to play,” Taylor joked about the Badger legend who declared for the NBA a year early after Taylor’s freshman season.The post-game ceremony brought up some old memories for Wisconsin’s three seniors, but they said there is plenty to more to come as the trio has yet to reach their goal.”It might be a bold statement, but a national title (is the goal),” Tucker said.last_img read more

Pilot of small aircraft killed Guyana crash

first_imgLocator map showing Guyana where there was a plane crash the morning of 30/07/2011 The pilot of the Air Services Cessna aircraft that went missing early Sunday is dead.On Sunday afternoon, shortly after locating the missing aircraft, members of the Guyana Defence Force discovered the lifeless body of the pilot Imran Khan.The pilot was the only person onboard the aircraft that went down in the jungle.According to reports Khan was operating the flight between the villages of Chi-Chi and Mahdia in Region Eight when the all contact was lost with air traffic controllers.However shortly afterwards, another aircraft operating in the same area managed to pinpoint the location based on a signal from the emergency locator transmitter.The GDF Special Forces team will remain on the ground throughout Sunday night in the vicinity of the crash site  and move the body out of the area early Monday.This is the second fatal accident involving a domestic aircraft in one month.Last month a Roraima Airways pilot lost his life  when his small aircraft went down just after take off and earlier this month another crash  involving a Wings Aviation aircraft left its pilot nursing several serious injuries .Investigations into both incidents are ongoing.last_img read more

Angels 2020 spring training preview: Who’s here? Who’s gone?

first_imgAs the Angels arrive for spring training, here’s a reminder of what roster changes have taken place …WHO’S IN?RHP Matt Andriese, trade, from DiamondbacksRHP Dylan Bundy, trade, from OriolesC Jason Castro, free agent, from Twins LHP Mike Mayers, waivers, from Cardinals3B Anthony Rendon, free agent, from NationalsRHP Julio Teheran, free agent, from BravesWHO’S OUT?RHP Trevor Cahill, free agent, unsignedOF Kole Calhoun, free agent, signed with Diamondbacks IF Zack Cozart, traded to Giants and releasedRHP Luis Garcia, designated for assignment, signed minor league deal with RangersRHP Jake Jewell, designated for assignment, unsignedC Kevan Smith, designated for assignment, signed with RaysNON-ROSTER INVITEESOF Jo AdellIF Arismendy AlcantaraRHP Matt BallRHP Jacob BarnesC José BriceñoRHP Adrian De HortaLHP Luiz GoharaC Jack KrugerOF Brennon LundOF Brandon MarshLHP Hoby MilnerC Keinner PinaRHP Neil RamirezRHP José RodriguezIF José RojasIF Elliot SotoRHP Jake ThompsonC Franklin TorresC Harrison Wensoncenter_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more

Yankees injury updates: Greg Bird is 5th New York position player to land on IL in first month

first_imgThe Yankees resemble a Triple-A squad more than major league team at this point.First baseman Greg Bird has been placed on the 10-day IL with a left plantar fascia tear, the Yankees announced Tuesday. “The guys we have in there are certainly capable of scoring runs,” manager Aaron Boone told reporters earlier this week, via the New York Post. “We’ve just got to continue to grind away and find a way right now when we are a little depleted.”Mike Ford, 26, has been called up to replace Bird on New York’s roster. Ford is batting .410 with five home runs in 10 games at Triple-A Scranton.The Yankees sit in 17th in MLB with 73 runs scored this year. They ranked second in 2018. Prior to tonight’s game, the Yankees placed 1B Greg Bird on the 10-day IL (retroactive to 4/14) with a left plantar fascia tear and selected INF Mike Ford from @swbrailriders and signed him to a Major League contract.OF Jacoby Ellsbury was also transferred to the 60-day IL.— New York Yankees (@Yankees) April 16, 2019MORE: Watch ‘ChangeUp,’ a new MLB live whiparound show on DAZNThe lefty was batting .171 with one home run and one RBI before getting hurt.Bird, 26, is the fifth player from New York’s projected Opening Day starting lineup to go on the injured list this season, joining Aaron Hicks, Giancarlo Stanton, Miguel Andujar and Gary Sanchez.And that’s just the position players as CC Sabathia just returned to the rotation but Luis Severino remains shut down and Dellin Betances recently suffered a setback as well.The Yankees understandably have started slowly this season as they sit in third in the AL East with a 6-9 record behind the Rays (12-4) and the Orioles (7-10).Despite the injuries, the Yankees still believe they can compete with what they have.last_img read more

Football Fans Celebration on the Streets of B&H Cities

first_imgThousands of B&H football team fans went out last night and this morning on the streets of Sarajevo, where they celebrated the victory over Lithuania and the historical qualification of B&H to the World Cup in Brazil. The ceremony was organized at the square in front of the BBI Center where a large number of Sarajevo citizens gathered and watched the game on the big screen followed. After the victory of B&H, thousands of people were on the streets of Sarajevo, from BBI center to Baščaršija.The fans celebrated the victory of the national team in other B&H cities as well. In Zenica at the stadium Bilino Polje a direct broadcast of the match was organized, and a huge celebration followed on the streets of the city.For the first time in Brčko, at the Youth Square the match of B&H football team was publicly broadcast. In Tuzla, the match was screened at the large new parking lot near the Panonian lakes, while the public watch of the match in Mostar was organized at the students hotel.(Source: Fena)last_img read more