Tuesday, 25 August 2015

My New Favorite Filipino Food in London

I used to live in the Philippines for business, now I am in the UK. Filipino cuisine is very much an underrated food (if you get the good stuff) and I love catching up with my favorites like adobo and laing- his one can kill you if not cooked properly: the leaves are poisonous if not cooked long enough, but it tastes great (coconut and green leaves).

Anyway I have a couple of restaurants I like to visit in London but this month a new one opened. They seem to be getting pretty amazing press and I can understand why. The restaurant serves Filipino cuisine with a contemporary twist. It is exciting and delicious. Best of all they have both of my favorite dishes on the menu.

Luzon Restaurant is just doing a "pop up" run for a couple of months, but I am sure they will go ahead with their plans for a full opening next year. Click on the photos below to go through to their website menu page. If you are like me your mouth will also be watering at the descriptions.

Filipino restaurant London
Small selection of the food at LUZON Filipino Restaurant London 
I have been twice so far and will certainly be returning at least once more before they close in Autumn. They change the menu each month so I am waiting for September for my next "feeding".

If you Google them you will see videos of the restaurant, including one of a feature on Filipino TV! I have a feeling filipino cuisine will be the next big thing.

Luzon is located down a pretty non descript alleyway in Russell Square in London. You should use the image and directions on their bookings page at http://www.luzon.co.uk/reservations/ and you can request a booking online which is pretty cool.

Friday, 16 January 2015

Best and Worst Cities to Invest in Property

Property can be a wonderful investment. We only have so much land and if you have a prime location, you can make a killing. McDonalds is often referred to as a real estate company as their restaurants are in such amazing locations. If they were to sell the building and the land they would make a killing most times.

The current Worst Place in the World to Invest in Property is East Asia

China is not somewhere anyone would even consider investing in right now. There are whole cities which have turned into ghost towns. Watch the very good Vice documentary on this below:

Beside China, Thailand is also a place I would not advise you invest in Property. I believe Thailand is where a bubble is about to burst.

Personal debt is spiralling out of control and a slew of ignorant building projects have left the real estate industry on thin legs. One example is in the capital city of the north of Thailand, Chiang Mai, where 4 luxury malls opened up in a single year. There are only 150,000 living in the city and there were already 2 large malls. At least one of these new developments is doomed to failure with most betting on the extremely quiet Promenada.

If you could find a great value building contractor in Thailand, you may get something back on your investment, but it wouldn't be quick and it would also be fairly unlikely. You would need a good guy on the ground who can source quality imported workers from next door; Mayanmar (Burma). If it was me I would just say don't get involved, at least until the bubble bursts which should be fairly soon.

The Current Best Place in the World to Invest in Property is Dubai and the rest of the United Arab Emirates

The reason why Dubai, Qatar and Abu Dhabi make great investments is because of their location and their recovery from the world financial recession of 2008.

The UAE is a travel hub which connects Asia to Europe. Most flights use the 3 airlines for the 3 mentioned states; Emirates for Dubai, Qatar for Qatar and Etihad for Abu Dhabi. All are excellent airlines and Emirates was even voted the very best in 2013.

Dubai suffered its own economic downturn in 2006, two years before the global recession hit. This was actually a positive in terms of todays situation. The real estate market is set to peak mid way through 2015, making now the perfect time to invest.

I would choose Dubai over the others simply because Dubai is the one which has done the most to stand out. Etihad have sponsored Manchester City football club and the football World Cup will be held in Qatar, but they just aren't enough when you think back to what Dubai has achieved.

Dubai's rise came from oil money which began flowing like water in the late 60s. This has help fund the perfect planned city. What was once a dessert is now a bustling metropolis with every modern luxury and then some.
Dubai has gone that little bit farther than anyone else, to break records and astound the world with extravagant building projects. The construction companies in Dubai like F&A Contracting find that they have a constant stream of customers who want exciting projects such as luxury mansions and villas.

The fact that Dubai is now a travel hub means that there is no bubble to burst. It has had it's ups and downs and has survived admirably, thanks to some intelligent governing.

If I was looking for a project to invest in right now it would be a luxury home in Dubai, in fact I just recommended the above company to a friend a week ago.

Trends are hard to predict but I expect prices to rise slightly and then peak approximately mid way through the year. From then on I would expect 3-5 years of steady valuations.