Saturday, 3 November 2012

Shanghai World Financial Centre to Toronto Scotia Plaza

Shanghai World Financial Centre 

Shanghai World Financial Centre is one of the world's Greatest Skyscrapers, and there is nothing likely in Toronto to match it. Although if I had to pick one Tower that could possibly (even though it can't ) go head to head with it, it would be Toronto's best skyscraper the Scotiaplaza tower at the corner of King and Bay and headquarters to the Global Banking Giant Bank of Nova Scotia. Scotia Plaza was built in 1988 at a time of great office skyscraper construction within Toronto, a market which has since tailed off and never recovered to the extent that such great towers were built in Toronto again.

And only now in the year 2012 are we contemplating office development that will reach the same heights as the towers of the 1980's even though our office tower construction pace has been relatively strong over the past 6 years.

Shanghai World Financial Centre


The Shanghai World Financial Center is located in the Pudong district of Shanghai, China. The building was designed by Kohn Pedersen Fox as a mixed-use skyscraper, consisting of offices, hotels, conference rooms, observation decks, and ground-floor shopping malls. The tower also contains a hotel component being run by the Park Hyatt of Shanghai which containing 174 rooms and suites.

Scotia Plaza

Scotia Plaza Scotia Plaza is a pure office tower, there is no mixed usage out of this building, it is 68 floors and rises to a height of 275 meters It is located in the Financial District of Toronto at the corner of Bay and King. The building has a total of 2,000,000 square feet of office space with ground level retail and connections to the PATH. T

he underground shopping and foot traffic network in Toronto. The Tower was recently sold by it owners, the Bank of Nova Scotia to a group of investors headed by the H & R Reat Estate Investment Trust and Dundee Real Estate Managment.

Unique on thier Respective Skylines.

Scotiaplaza and SWFC are unique on their skylines, they are if not the tallest, the most unique designed tall towers in their cities and defining markers for the skyline. They are modern and have clean lines and have had their basic features copied in other towers worldwide.


Financial Capitals Unto Themselves.

 Financial Centres Both towers function as the operations nerve centre for financial operations that span the globe, with Scotiabank being one of the biggest banking forces in Canada, the Caribbean and Latin America. The Towers themselves.

Shanghai World Financial Centre



















from wikipedia


Scotiaplaza






A Sweeter Shade


Getting a Mortgage and Mortgage Insurance through Empire Life for financing a loan to purchase at FIVE Condos is actually a relatively easy process, and new rules from the federal government has required that company include new regulations, which have made the home loan and mortgage process a bit more difficult. Those changes at Empire Life include shortening the amortization period for which the loan can be held by the consumer, and the degree to which the property is financed by the mortgage. They have also increased deposit requirements to lift the loan insurance amount. Mortgage insurance from Empire Life is actually one of the major financing costs on home loans.

Investment Trusts have no taken to looking to purchase rental properties and acquiring mortgages through financing auctions by the banks looking to shore up their balances sheets in light of stricter government regulation. These regulations have actually made holding residential mortgages by the large financial institutions harder to hold. Currently investors are looking to increase their position in rental properties in Toronto, at the same time the federal government in co-operation with the financial institutions are making getting and qualifying for loans and mortgages more difficult

Empire Life : What is Condo Insurance?
Condo Insurance is required to protect your personal contents from theft or fire damage in your condo if these unforeseen events should happen you should make sure that you have adequate protection. Some items in your condo are will also be protected by your condo association insurance policy which covers the general building. The events that are covered by condo insurance include Fire, as well as Lighting. Other weather related causes such as Windstorms, and Hail are also covered. The major one that most people worry about is theft which is covered by condo contents insurance policies.

Toronto Condo Market Report – February 26, 2014

Toronto Condo Prices continue to trend upwards, as sales also move up with general improvement not only in the Toronto economy, but the nation as a whole. Condo sale prices have not increased to the same degree as detached family housing, due to new supply coming onstream. However fears of a condo bubble, have not proved accurate, as trends move to the upside. Average Home prices are still up in Toronto, and look like they will continue to rise for the remainder of 2014. Year over year, detached housing prices increased by over 14%. Just amazing.

What to Expect for Home and Condo Prices in 2015 in Toronto and the Greater Toronto Area

The latest reports on the Toronto Real Estate market predict that the condo prices if left unsupported will fall, due to oversupply. However, this prediction has been the case for over 10 years now, and nothing has come to pass with regard to any major price drop even with predictions of a correction coming from the world’s largest and most respected financial institutions.

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