Metricon Home’s Metro 31 display home at Helensvale’s The Surrounds.Metricon Queensland general manager Peter Ryan said it was an honour to receive the award.More from news02:37International architect Desmond Brooks selling luxury beach villa15 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago“To receive this recognition for our workmanship, design and innovation is a thrill and a credit to our Queensland team,” he said.“Entering the Master Builders Housing and Construction Awards has allowed us to showcase what we do and how proud we are of our team.” Renders of Sunland’s Magnoli Residences.“The commercial projects completed in our region over the past year will have a positive impact on the local community now and into the future.“The quality of the winning homes is second to none and epitomise what coastal living is all about.”The full list of winners can be found here https://www.mbqld.com.au/whats-on/housing-and-construction-awards/winners/gold-coast Metricon Homes has won a Master Builders Queensland award for its Metro 31 display home at Helensvale’s The Surrounds.THE Gold Coast’s best houses, developments and builders will represent the glitz and glamour of the Glitter Strip at the Master Builders Queensland state awards next month.There were 50 award recipients at the Gold Coast ceremony last month, which was one of nine to be held across the state.They will now compete in the State Housing and Construction Awards to be held at the Brisbane Convention & Exhibition Centre on October 12.Among the winners was Metricon Homes, which claimed one of the five ‘Best Display Homes’ categories for its Metro 31 design on display at The Surrounds in Helensvale. The Tilbury residential community, Coomera by Bos Property Group.Bos Property Group was also recognised for The Tilbury Residences at Upper Coomera while Sunland Group was honoured for Magnoli Residences at Palm Beach.Master Builders’ Gold Coast regional manager John Duncalfe said the standard of projects entered in the awards was “extremely impressive”.“It’s been a massive few years for the Gold Coast, with preparation for the Commonwealth Games taking centre stage,” he said.
Top 17 suburbs forecasted for price increase MORE: >>FOLLOW EMILY BLACK ON FACEBOOK<< Mr Ross said regions that offered residents an affordable rural haven less than hour from the city were becoming increasingly popular. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:50Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:50 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenDifferences between building in new or established estates01:50 RELATED: QM Properties general sales manager Damien Ross said with housing affordability forcing prospective house and land owners out of the city, it was no wonder families were relocating to the country. Want to live by the water? Mr Ross said Jimboomba was only 45 minutes to the Gold Coast or Brisbane, and had significant infrastructure growth, including new schools, shopping centres, local markets and public transport networks. More from newsParks and wildlife the new lust-haves post coronavirus15 hours agoNoosa’s best beachfront penthouse is about to hit the market15 hours agoJimboomba is only 45 minutes’ drive from the Gold Coast or Brisbane and has undergone recent infrastructure growth.“We’re finding more and more people are wanting to swap the rat race for a quieter country life when raising their families and the affordability of these rural areas in comparison to soaring inner-city prices adds to the appeal,” Mr Ross said.“One of our latest developments, Mahoney’s Pocket Estate, which is nestled in the southern outskirts of the flourishing Jimboomba town centre, features affordable and level allotments.”“House and land packages at Mahoney Pocket cost nearly $200,000 less than the median Brisbane property price.” Demand strong for new house and land QM Properties acreage estate at Jimboomba — Mahoney’s Pocket.DESPITE Brisbane’s median house price hitting an all-time high, you can still build property for as much as $200,000 below the region mid price.Figures released by the Real Estate Institute of Queensland revealing Brisbane’s median house price increased 2.5 per cent in the past year to hit a record-breaking $673,000.Brisbane saw market growth of 30 per cent in the past five years.
MORE NEWS: Housing affordability the best it’s been in two decades REIQ Gold Coast zone chairman Andrew Henderson said the list of popular areas was not surprising. “They are close to beaches and major infrastructure and are in that affordable (price) range,” he said. “A lot of them would have low-rise to medium-rise apartments, which are popular with owner occupiers.”More from news02:37International architect Desmond Brooks selling luxury beach villa10 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day agoMr Henderson said Rainbow Bay was the Gold Coast’s “little pocket gem”. “Rainbow Bay has one of the most idyllic swimming spaces on the Gold Coast and an iconic surf break, plus great places to walk and parkland area. It’s a bit more relaxed than other parts.” Realestate.com.au chief economist Nerida Conisbee.Realestate.com.au chief economist Nerida Conisbee said the Gold Coast market had started its positive shift from the downturn a lot faster than other parts of Australia. “There’s really not much negativity for the Gold Coast market,” she said. “When we compare it to what has happened in Brisbane with enormous levels of development, to the extent of over building, we certainly haven’t seen that on the Gold Coast. “We are seeing high rental demand and there are obviously jobs and potential for people to start businesses.“You can move to the Gold Coast and pay less for a mortgage or rent and you have more disposable income to do more things, like start a business.” MORE NEWS: Beach house proves bigger isn’t always better An apartment for sale at 12/2-4 Boundary Lane, Tweed Heads, is in the Rainbow Bay locale.The Gold Coast’s median property price, which includes both houses and units, has dropped 1.5 per cent to $532,500 in a year, with a 0.7 per cent decrease in the last quarter, according to the report. “The ScoMo bounce and two interest rate cuts are all breathing new life into Australian property,” it said. “Demand has started to increase … search activity has seen a bump (but) we are yet to see any real uplift in the number of people listing properties for sale and pricing data is yet to reflect a change in conditions.“Queensland is leading the way in the recovery. Brisbane has been the first capital city off the block in terms of price growth and Mackay is right now the top regional growth area in Australia.” 1. Rainbow Bay 2. Wilston3. Currumbin4. Tugun5. Currumbin Waters 6. Elanora 7. Holland Park8. Mermaid Waters9. Sunrise Beach10. Reedy Creek QLD’s most in-demand areas for apartments The Gold Coast flooded the list of Queensland’s most in-demand suburbs for apartments.THE Glitter Strip has weathered the tumultuous property conditions felt across the country well, with much of its real estate still in hot demand.The Gold Coast flooded the list of Queensland’s 10 most in-demand suburbs for apartments, in realestate.com.au’s latest Australian Property Market Report for July. Seven of the city’s locales were the state’s top searched areas for buyers. Rainbow Bay topped the list, with Currumbin, Tugun and Currumbin Waters all in the top five along with Brisbane suburb Wilston. The Gold Coast region overall had high demand on the site, with an average of 905 property views per listing — the second highest in Queensland behind the Sunshine Coast with 969. “Searches in southeast Queensland out of Sydney suggest that growth continues to come from an exodus from NSW,” the report said. “While there is a clear affordability edge, it is jobs that are making the move possible.” The city also notched some of the highest rental demand, alongside Hobart and Melbourne, which was put down to job opportunities on the Gold Coast.
Mr Kulasekara said it had served as a great home for his family.“The kitchen, living areas and the high ceilings with the pool and alfresco area – you always feel like you’re very much at home,” he said.“It’s got everything that you need.”He said its location was also a plus given its proximity to the beach, shops and The Star casino. LJ Hooker Burleigh Heads agent Anthony Yu is marketing the property. The four-bedroom home at 91 Monaco St, Broadbeach Waters, is vibrant and eye catching.Walls of wide windows, high ceilings and luxury fixtures and fittings are featured throughout while a pool with a waterfall is a highlight of the back yard.Owner and Monaco Royals Pty Ltd developer Buddika Kulasekara said the property’s neutral palette with hints of “ginger” set it apart from its neighbours.“People used to stop their cars and take photographs,” he said.“It’s a very modern, luxury architectural masterpiece.” Inside there are plenty of luxurious elements, including soaring ceilings. It has a modern design and plenty of wow factor.The two-storey residence is on a 559sq m corner block with a double garage.A kitchen with 3m granite island bench, a dining room and living area are at the heart of the home and open on to an arbour terrace and covered alfresco area.More from news02:37International architect Desmond Brooks selling luxury beach villa9 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day agoAll four bedrooms are upstairs, the main of which is separated from the remaining bedrooms by a study nook. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:01Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:01 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenAustralian homes fit for a celebrity01:01 You can’t miss this house which is on the illustrious Monaco St.THE vibrant and eye-catching facade of a Broadbeach Waters house makes it stand out among its prestige neighbours – so much so that passers-by have stopped to snap photos.But it is the cutting-edge design and contemporary style inside that will leave house hunters in awe.The four-bedroom house, which will go to auction on November 30, is right at home on the esteemed Monaco Street. MORE NEWS: What it takes to own a waterfall MORE NEWS: Construction giant’s home sells for millions at auction
How you can get cheap rent Ayda Shabanz, from Grow Consulting.Equally, for those homeowners who are on a lower income, or may be at threat of losing their jobs, now is not the time for luxury, according to finance expert Ayda Shabanz of Grow Consulting, a buying agency, or you may be forced into a distressed sale.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 agoLook at your budget and trim down non-essentials, Ms Shabanz said.“After you have done this, consider your liabilities, loans, properties, and credit cards,” she said.“Paying off your ‘good’ debts should be priority. A good debt is anything that is considered an asset, such as a property. ‘Bad’ debts, which are for liabilities, such as a car, credit card or a speed boat, have higher interest so I would suggest you freeze or request interest-free periods on these first, before your home loan. “Request an interest-only period, rather than a full freeze, if you can manage it. A full home loan freeze should be the absolute last option.”She said those who have lost their jobs should take up the government’s relief packages, but not rely on them for anything other than to put food on the table.“This is when you adapt what we call ‘the bare bones budget’,” she said.“In other words, absolute basic living, that accounts only for shelter and food. Unfortunately, you have to get real here or you will get into serious trouble. Don’t be too upset that your eyebrows and finger nails will be terrible from this day forth.”Prof Bond said that the real estate market would become a buyers’ market and those forced to sell would have to be realistic in terms of pricing. Meanwhile, he said those that aren’t forced to sell will take their properties off the market. Coronavirus: Owners settling into ‘new norm’ Shaun Bond, Professor of Finance at the University of Queensland’s Business School.With coronavirus wreaking havoc on the Australian economy, cashed-up buyers and those with a stable income are still keen to tap into the property market, according to a Brisbane finance academic.However, Shaun Bond, a professor of finance at the University of Queensland’s Business School, said many prospective buyers could face challenging situations, including the possibility of unemployment.“We haven’t seen the economy turn like this, it’s completely unprecedented,” Prof Bond said.“We know real estate will take a hit over the next two months, a lot depends on getting the economy working again.” He suggested prospective buyers seeking a bargain should look at suburbs within a 10km radius of Brisbane City.“It’s a time to buy in areas where people have previously been priced out,” Prof Bond said.He said first-time buyers, in particular, who could find a good deal in a good area would be buying well. However, he said people buying now needed to be mindful not to overextend on a purchase, or they could find themselves in trouble. Granny flats keeping families together in isolation MORE REAL ESTATE NEWS:
By Astana EXPO 2017Green energy is no longer a mere dream, but the not-too-distant future. The availability of clean technologies gives the world a chance to win the struggle with climate change by creating a new world energy matrix.We are on the threshold of a new reality where green energy will be an indispensable part of every country’s economy. In 2016, UNEP experts recorded an unprecedented increase in total capacity of green power plants — 138.5 GW versus 127.8 GW in 2015. In addition, there is a downward tendency in the price of implementation of these energy sources. Thus, the volume of renewable energy investment decreased by 23%, equaling 2013 indicators of $241.6 billion. This enables countries and companies to extensively use the green technologies that are becoming more available.This summer representatives of 115 countries and 22 international organizations will gather in the capital of Kazakhstan at EXPO 2017 ‘Future Energy’. They will discuss prospects for industry development and sign the Manifesto of Values and Principles, following the example of the Kyoto Protocol, to encourage further stable development of the planet.The exposition will become a platform where the participating countries will present the most important projects in the field of renewable energy in their pavilions.In 2016 China invested almost $80 billion in green energy (UNEP report), once again retaining its leading status. In its Green Silk Road pavilion, the country will not only tell about its history, culture and strategy of stable development and technologies in the context of the “One Belt, One Road” economic initiative, but will also demonstrate the production of clean energy in daily life.Russia in its turn will showcase its potential in the field of renewable energy by the example of the Arctic. Guests of the exposition, called United Energy Flow, will suddenly find themselves in the vast territories of Russian North and will even be able to see and touch an actual iceberg.Germany, Europe’s second largest investor in renewable energy, will carry visitors into the City of Future, where one can see an animated laser show that will once again remind people that the main driving force of the energy shift is human. The pavilion will also present a wind farm model, sun panels, Smart Grid and Smart Home systems and energy saving technologies.Kazakhstan, hosting the green exposition, despite a large oil and gas supply, is implementing a target policy of renewable energy development. The republic has great potential for extensive use of all kinds of renewable energy sources. By 2030, the share of renewable energy sources in Kazakhstan’s total electricity generation is planned to reach 10%, and by 2050 half of the power produced in the country is to be green.Nur-Alem, the world’s largest sphere-shaped buildingKazakhstan’s pavilion will attract the attention of visitors to EXPO 2017. It will be located on the ground floor of Nur-Alem, the world’s largest sphere-shaped building. One can get acquainted with the history, culture and nature of the republic and the country’s development strategy here. On other floors of the building, space, solar, wind, biomass, water and kinetic energy will be presented in an interactive and informative way.The world’s most interesting projects in green energy will be showcased in the Energy Best Practices Area. The international choice commission, which includes Nobel Prize laureates, has selected 24 projects from 13 countries. One of the most interesting ones, Solar Impulse, is the first solar-paneled airplane to successfully complete a round-the-world flight, which attracted the attention of people all over the world. This pavilion will also present the Glowee startup. Young scientists from France have developed an unusual technology for energy production based on the bioluminescence of marine organisms.From June 10 through September 10, the capital of Kazakhstan will become a place that unites the whole world. The Industry Contribution is a new section in which the oil and gas industry companies share their project endeavors or analyses. This article was produced by Astana EXPO 2017 and does not necessarily reflect the view of OffshoreEnergyToday.com. No member of the editorial team took part in creation of this article. Please contact us at email@example.com for inquiries.
Illustration purposes only (Image courtesy of Petronas)South Korean energy company S-Oil has signed a 15-year liquefied natural gas supply deal with the Malaysian LNG giant Petronas. According to a company’s filing to the stock exchange, deliveries under the contract are set to start in April 2018 until March 2033.Petronas has agreed to deliver 700,000 tons of LNG per year for the duration of the contract.The LNG volumes delivered by Petronas have been contracted to cover the company’s demand for the fuel that is increasing with the expansion of its facilities.Although S-Oil declined to disclose the contract value, it has said in its filing that it has “taken advantage of the favorable LNG market conditions.”
Royal Boskalis Westminster N.V. announced today that its subsidiary VBMS in consortium with NKT Cables has been awarded the Borssele Beta contract by TenneT for the installation of two 67-kilometer-long export cables that will connect the Borssele offshore wind farms 3 and 4 to TenneT’s onshore grid in the Netherlands.In addition, VBMS will install a seven-kilometer-long interconnector cable between the Borssele Alpha and Beta offshore substations. The contract value of Boskalis’ share is approximately EUR 70 million.In order to execute the project in a safe and efficient manner, Boskalis has taken full advantage of the expertise and capabilities within the group.To minimize maintenance to the cables during their operational lifetime, Boskalis will pre-sweep and dredge the shallow parts of the route, which will enable VBMS to simultaneously lay and bury the export cables at the required depth. Borssele Alpha will go into service in 2019 followed by Borssele Beta in 2020.According to Boskalis, this project is closely related to the development of generating renewable energy due to climate change and increasing energy consumption.
Image courtesy of Golar LNGLNG shipper Golar LNG reported a net loss of $43.9 million for the third quarter of 2017, narrowing from the $73.8 million in the second quarter of the year. A pick-up in utilization toward the end of the quarter resulted in a small rise in time charter revenues which increased $1.0 million to $25.0 million in the third quarter of 2017, the company said.Golar noted in its quarterly report that the shipping market recovery is underway, as shipping demand has exceeded supply growth for the first time since 2013.“As of today, the effective time charter rates being achieved in 4Q are more than twice that recorded in 3Q. An improving trend is expected to continue into 2018-2019 when shipping supply should lag demand created by increased production,” Golar LNG said.During September vessels began to pull out of the spot market to service dedicated volumes. Rising LNG prices in the East in response to significant demand from China and Korea also resulted in additional arbitrage opportunities and ton-miles as more US volumes headed further eastward.“Spot rates have steadily increased from 2-year highs in early October to 3-year highs today with sentiment continuing to improve as we move into peak winter gas demand,” the report reads.LNG prices have also surprised to the upside. Current JKM prices at around $9.80 per mmbtu compare to $7.10 this time last year. Similarly, European prices of $7.70 compare to $5.90 last year, the company said.Looking to 2018, around 45 vessels are scheduled for delivery, equivalent to 10 percent of the current fleet. This compares to more than 12 percent expected production growth for the year.
Product tanker 19Winner, which had grounded on the coast of Kaohsiung, Taiwan, was refloated on July 2.Operated by Indonesia’s Azer Enterprises, the tanker was moved with high tide and tug assistance, and brought to anchor at Kaohsiung Anchorage.During the rescue process, the hull structure remained intact and there were no oil spills reported in the area. The ship was refloated during the third attempt, after two previous refloating operations failed when the cables broke.The vessel ran aground in a tropical low that had almost reached typhoon strength off Taiwan on June 14. Another tanker, the 5,357 dwt Shine Luck, also grounded at the time.According to Taiwan’s Maritime and Port Bureau (MOTC), the tankers were not loaded with cargo, however, they jointly had around 200 metric meters of oil on board.The tanker Shine Luck was blown against concrete wave-breaks near the entrance of a fishing port. The authorities decided to extract the oil from the tanker in order to prevent a possible oil spill.The oil removal operations were concluded on June 17 and the 1992-built tanker broke in two the next day.World Maritime News Staff; Image Courtesy: Maritime and Port Bureau (MOTC)