real estate market

And, you know, looking at the bigger picture, Muileh, obviously, it's this area that has seen a lot of residential and commercial activity.

So how does opening this branch support Sharjah's growing property market? And what does it really mean for people who are buying, selling, or maybe...

I'm

sorry, I can't hear you clearly.

Okay, so we can repeat the question again.

So

how does opening this branch support Sharjah's growing property market? And what does it really mean for people who are buying, selling or investing in the Emirate of Sharjah?

If we can repeat the question, so what is the impact of it on the Sharjah property market? I mean, how is it going to help and facilitate that? If you were able to catch that question?

Thank you for joining in again and today we're going to talk about our own capital, Canberra.

We'll talk about Canberra property market and it's very exciting.

I've not seen too many people talk about it because uh whenever australians you know normally they talk about property investment they will we'll talk about say sydney and brisbane and perth and adelaide melbourne but being capital city and it still really makes a headline and that's canberra for us you know it's it's our capital it's home to government departments unis you know professionals some of the best professionals tech professionals most established public sector employment happens there Everything is there.

It's backed by all of this defense, health, phenomenal tech industry.

But I would think that with all these factors, that will make Canberra one of the best, the safest property investment market.

the interesting part it though it has such a large white collar tenant base but it has issues of holding costs and cash flow you know 26 it's now in this time it's still it's not immune to whatever's happening in the property market still the softer market there buyer confidence is a bit low apartment market is like flooded it there's so much of so many concerns about this market there you have such a pipeline which is coming in land tax and strata all of these make it a very interesting market out there so whenever we talk of canberra it's it's always you start thinking and you it's it's somehow not in everybody's data but it's still in the radar because people just don't really put so much of emphasis there that gives a question that is canberra an underrated investment opportunity or maybe investors could you know end up buying a property that will give us good rental income but low capital growth but If you're buying your first investment property, say in 26 or into early 27 or maybe late 27, will you really make Canberra as a part of your shortlist? Let's do that today.

Today, when we are talking, let's make Canberra a part.

Understand what that market is.

Actually, can we take a step back? Can we do just, can you give them maybe just a general overview of New Zealand, Matt, for like resi market, commercial market, what you're saying? And then we'll kind of come into why potentially Aussies and maybe look in there.

I think the easiest way to explain New Zealand in terms of the property market is if you look at Melbourne's market at the moment, that's what New Zealand's been like as a whole for two or three years.

It's been very flat.

There's obviously an oversupply.

It's probably at the very early stages of a recovery.

The good thing with New Zealand is it's just a one government economy.

country right there's no federal government government and then state governments and then state differences between every bloody city it's just the one government it's the one policy it's the one tax regime uh for the whole country so when when i mean we are in an election year the election is literally in like two weeks so yeah so that's also causing a bit of uh I would say delay in demand in terms of where the property market's sitting.

But as a whole, we are seeing recovery in certain areas.