Podcast appearances and mentions of Raymond Wong

The kebaya is a garment that needs little introduction. Here on our local shores, many might instantly relate it to the sarong kebaya worn by The Singapore Girls.  But you can also find the garment  in the islands of Indonesia, Brunei, Malaysia, Singapore and Thailand. Each region has made the kebaya their own, and each stitch tells a tale of their own history.  On Culture Club, Roshan Gidwani speaks with Raymond Wong, Founder, Rumah Kim Choo as they explore the timeless beauty of the kebaya and Peranakan culture.  Raymond is a practitioner of beadwork and embroidery in Singapore, and also a seasoned fashion designer at Rumah Kim Choo, which was founded by his paternal Peranakan grandmother, Nyonya Lee Kim Choo. Raymond once created a kebaya for Singapore's First Lady Mrs Mary Tan, and created a shawl for the US First Lady Michelle Obama.   Presented by: Roshan Gidwani Feature produced and edited by: Nadiah Koh and Aaron Lam  Do you have a story to tell on The Evening Runway show? Contact nadkoh@sph.com.sgSee omnystudio.com/listener for privacy information.

Brian interviews Raymond Wong. Raymond is Vice President, Data Operations, Altus Group. Ray has over 30 years or market research experience. Overseeing 60+ researchers across Canada, his primary responsibility is to ensure that the commercial and residential data collection is all encompassing, reliable and accurate and that it adheres to the Altus Group data governance guidelines. Ray works closely with both internal and external clients to ensure the information meets their needs and that it is both accurate and timely. He also regularly presents on key market trends to clients and at industry events. Ray talks about the housing crisis in the GTA and Canada.

THE RETURN OF PITCH IT, JUST IN TIME FOR THE SUPETEMBER FINALE! We're bringing SUPETEMBER to a close in the biggest way we can! This week sees the return of PITCH IT, as Aeric pitches NEW SUPER-MAN: THE MOVIE! Plus our Weekly Review on season 4 of HARLEY QUINN, this week's Comics Countdown, and more! Time Stamps: 00:00:40 Intro 00:02:38 Pitch It! New Super-Man the Movie 00:12:32 Prologue 00:21:16 Act One 00:39:17 Act Two 01:36:08 Act Three 02:12:30 Weekly Review 02:20:48 Comics Countdown 02:35:46 Wrap-Up Intro/Outro Music by the FANTASTIC Niall Stenson: https://www.niallstenson.com Follow us! Twitter: twitter.com/geeksplainedpod?lang=en Instagram: www.instagram.com/geeksplainedpod/?hl=en Send us your questions for the Geeksplained Mailbag! Email: Geeksplained@gmail.com Music Sampled: "Sayonara" by SAKEROCK “Love Is All Around” by Joan Jett & The Blackhearts “Hero” by FLOW “Everybody Knows” by Sigrid “Struggle of Sadness (Piano Cover)” by Jordan D Piano “Training Montage” by Chris Eighties “All For One” by Yuki Hayashi “Yusuke's Power Up” by Yusuke Honma “Before My Body Is Dry” by David Whitaker & Mika Kobayashi “You Say Run” by Yuki Hayashi “Fisherman's Song of the East China Sea” by Raymond Wong & The Hong Kong Chinese Orchestra

Amazon Web Services CXO Coffee Club: Harnessing Data for Personalised Insurance Experiences concluded on the 15th of August. Our founder, Malek Ali, sat down with Cindy Kua, Co-founder & CEO for Sunday, Raymond Wong, Chief Technology Officer for Zurich Insurance & Takaful Malaysia, Srinivasan Somasundaram, Client Partner for Insurance, ASEAN & Greater China for Cognizant and Nipun Grover, Head of Business Development and GTM ASEAN of Amazon Web Service to discuss the latest insurance industry trends, seamless transformation of digital insurance and overcoming the challenges of legacy core systems with minimal risk and complexities.

Date: August 22, 2023Name of podcast:  Altus Insights Podcast SeriesEpisode title and number: State of the Southwest Ontario CRE marketBrief summary of episode: Southwest Ontario region has benefited from affordable housing, increasing population migration from the GTA, and significant growth in its tech center. In this episode, Mitchell Blaine, Executive Vice President at JLL, sits down with Ray and Marlon to discuss how the present cycle has impacted the CRE market in Southwest Ontario and predictions for the region's future.Panelists in this episode: Mitchell Blaine is the Executive Vice President at JLL Canada.  Mitchell has over 20 years of experience in commercial real estate in the Southwestern Ontario market. His resume includes more than 1 000 transactions totaling $2.7 B, as he has represented a wide array of global, national, and local companies. Mitchell has consistently been recognized as a top performer, and his successes can be credited to his profound market knowledge, unsurpassed problem-solving capabilities, communication, transparency and relentless drive to deliver superior results for his clients. Raymond Wong is the Vice President of Data Operations for Altus Group's Data Solutions team.   Overseeing 60+ researchers across Canada, Ray's primary responsibility is to ensure data collection is all encompassing, reliable and accurate and that it adheres to the Altus Group data governance guidelines.  Ray works closely with both internal and external clients to ensure the information meets their needs and that it is both accurate and timely.  He also regularly presents on key market trends to clients and at industry events. Marlon Bray is the head of Altus Group's Ontario pre-construction and contract administration services as part of the Cost and Project Management team. With over 25 years of experience, specializing in budgeting, value optimization, and providing visibility on risk through the entire lifecycle from early due diligence to completion. Marlon oversees a team that leads the way with cutting-edge estimating technology and data analytics, bringing a greater level of transparency, and added value to all projects he is involved with.

Date: August 15, 2023Name of podcast:  Altus Insights Podcast SeriesEpisode title and number: Canada office capital marketsBrief summary of episode: In this episode, Jaysen Smalley, Vice Chairman at CBRE Investment Capital Markets in Toronto, joins Ray and Marlon to discuss the evolving dynamics of Canada's office sector in a post-COVID world.Panelists in this episode:·         Jaysen Smalley is the Vice Chairman at CBRE Investment Capital Markets in Toronto.  Jaysen has over 20 years of experience working for CBRE and has worked on over $50 billion in real estate transactions in all asset classes across Canada. Jaysen currently leads the Office Sector for Toronto's National Investment Team, prior to joining CBRE, he worked in the investment banking industry with both private and public companies executing corporate divestitures, and equity and debt financings.·         Raymond Wong is the Vice President of Data Operations for Altus Group's Data Solutions team.   Overseeing 60+ researchers across Canada, Ray's primary responsibility is to ensure data collection is all encompassing, reliable and accurate and that it adheres to the Altus Group data governance guidelines.  Ray works closely with both internal and external clients to ensure the information meets their needs and that it is both accurate and timely.  He also regularly presents on key market trends to clients and at industry events.·         Marlon Bray is the head of Altus Group's Ontario pre-construction and contract administration services as part of the Cost and Project Management team. With over 25 years of experience, specializing in budgeting, value optimization, and providing visibility on risk through the entire lifecycle from early due diligence to completion. Marlon oversees a team that leads the way with cutting-edge estimating technology and data analytics, bringing a greater level of transparency, and added value to all projects he is involved with.Key topics:01:58 – Perspectives on office investment demand: Are we seeing significant market discounts on these assets?06:15 – Is the pace of core office sales in Canada going to keep up the pace?09:38 – How will conversion play out in the office market?11:57 – How are office conversions impacting sales?15:54 – Are there significant increases in credit defaults with office assets on the horizon?23:25 – Predictions for office demand over the next 4-5 yearsSign up to receive our Altus InDepth Newsletter

From changes in office demand to travel habits, many factors are contributing to what investors consider core. How do these shifts in the market impact valuations, allocations and the data needed to best manage outcomes?On today's episode, we're joined by three guests: Phil Stone, Managing Director, Head of Canadian Research at BentallGreenOak; Omar Eltorai, Director of Research at Altus Group, and Raymond Wong, Vice President, Data Solutions Client Delivery at Altus Group.We talk about:- The current state of core investments in commercial real estate.- How core is changing and how it's staying the same.- The impact of trends like recovering travel and technology on core allocation.- Are we facing a ‘lower for longer' return period for core funds?- Risks and worrisome trends.- Issues with housing affordability and shortages.- How tools and data can help chart a path going forward in real estate.Resources mentioned:Phil Stone - https://www.linkedin.com/in/phil-stone-b492472a/?originalSubdomain=caBentallGreenOak - https://www.linkedin.com/company/teambgo/Omar Eltorai - https://www.linkedin.com/in/omareltorai/Raymond Wong - https://www.linkedin.com/in/raymond-wong-cre-54b41111/?originalSubdomain=caAltus Group - https://www.linkedin.com/company/altus-group/Thanks for listening to the CRE Exchange podcast, powered by Altus Group. If you enjoyed this episode, please leave a review to help get the word out about the show. And be sure to subscribe so you never miss another insightful conversation.#CRE #CommercialRealEstate #Property

In news surprising no one, it's an almost all-WWDC week here on Rocket! We've got OS updates and new MacBooks but the story sucking all the air out of the room is Apple Vision Pro headset. Christina interviews Inverse's Raymond Wong, who demo'd the headset and has all the hands-on details. Plus, a money-grabbing choice by Reddit threatens beloved third-party apps.

In news surprising no one, it's an almost all-WWDC week here on Rocket! We've got OS updates and new MacBooks but the story sucking all the air out of the room is Apple Vision Pro headset. Christina interviews Inverse's Raymond Wong, who demo'd the headset and has all the hands-on details. Plus, a money-grabbing choice by Reddit threatens beloved third-party apps.

Tune in to the Altus Insights podcast as we dive into the ever-evolving Canadian real estate market. Two months ago (March 2023), we witnessed the impact of higher-than-welcome inflation and rising interest rates on the economy. Now, we're eager to explore what has changed with our special guest, Peter Norman, Chief Economist at Altus Group. Discover how the demand for office assets has unfolded amidst the ongoing transition to hybrid work models. Gain valuable insights into the industrial sector's challenges, including constrained supply and robust demand. Moreover, we'll examine how interest rates have influenced housing development and sales. Don't miss this engaging conversation as we delve into the state of the Canadian commercial real estate market.Panelists in this episode: Peter Norman is a well-known professional land economist and forecaster and is Vice President and Chief Economist at Altus Group. Widely quoted in the Canadian media, Mr. Norman is a frequent expert witness on economic matters and leads a national team of economic consultants advising private and public sector organizations across Canada, providing economic intelligence and strategic information. Raymond Wong is the Vice President of Data Operations for Altus Group's Data Solutions team.   Overseeing 60+ researchers across Canada, Ray's primary responsibility is to ensure data collection is all encompassing, reliable and accurate and that it adheres to the Altus Group data governance guidelines.  Ray works closely with both internal and external clients to ensure the information meets their needs and that it is both accurate and timely.  He also regularly presents on key market trends to clients and at industry events. Marlon Bray is the head of Altus Group's Ontario pre-construction and contract administration services as part of the Cost and Project Management team. With over 25 years of experience, specializing in budgeting, value optimization, and providing visibility on risk through the entire lifecycle from early due diligence through to completion. Marlon oversees a team that leads the way with cutting-edge estimating technology and data analytics, bringing a greater level of transparency, and added value to all projects he is involved with.Key topics: 01:16 - What are some of the big trends we've seen since the last Canada State of the Market webinar in Q1 2023? 03:57 Where does office and industrial real estate stand today? 11:24 - What are the largest concerns in the market right now? 13:37 - Does a target of getting back down to a 1-3% inflation rate seem reasonable? 18:06 - Is more population growth a net positive or negative when in comes to housing concerns in Canada?

Richard Lyall, President of RESCON, joins Marlon and Ray to dig into the complicated question: Can 1.5 million homes be built in Ontario within the next 10 years? Tune in to hear Richard, Marlon and Ray discuss the challenges, the opportunities and the politics around the crucial housing initiative.Panelists in this episode: Richard Lyall is an accomplished and experienced executive who has represented the residential construction industry in Ontario since 1991. He is a frequent speaker and popular source quoted by media on construction industry issues. His insightful columns appear regularly in The Toronto Sun, Canadian Real Estate Wealth, Storeys, Builder Bites, Daily Commercial News and Canadian Construction Business. He has a successful track record in advancing RESCON's vision, mission and values through his high-level board and strategy work. He was honoured with the 2019 Canadian Lifetime Volunteer Award from the International Foundation of Employee Benefit Plans for his contributions to enriching the organization's educational efforts and is also on a steering committee of the Chicago-based Council on Tall Buildings and Urban Habitat. He is also on the Ontario Housing Supply Action Plan Implementation Team.Marlon Bray is the head of Altus Group's Ontario pre-construction and contract administration services as part of the Cost and Project Management team. With over 25 years of experience, specializing in budgeting, value optimization, and providing visibility on risk through the entire lifecycle from early due diligence through to completion. Marlon oversees a team that leads the way with cutting-edge estimating technology and data analytics, bringing a greater level of transparency, and added value to all projects he is involved with.Raymond Wong is the Vice President of Data Operations for Altus Group's Data Solutions team.   Overseeing 60+ researchers across Canada, Ray's primary responsibility is to ensure data collection is all-encompassing, reliable and accurate and that it adheres to the Altus Group data governance guidelines.  Ray works closely with both internal and external clients to ensure the information meets their needs and that it is both accurate and timely.  He also regularly presents on key market trends to clients and at industry events.

Date: February 17, 2023Name of podcast:  Altus Insights Podcast SeriesEpisode title and number: Episode 17 –Market conditions and escalation - OntarioEpisode summary: Raymond Wong and Marlon Bray reunite for the first time in 2023 to discuss the state of the Ontario CRE market and debate what market conditions and construction will look like in the near-term, mid-term and long term.  Panelists in this episode:  ·         Marlon Bray is the head of Altus Group's Ontario pre-construction and contract administration services as part of the Cost and Project Management team. With over 25 years of experience, specializing in budgeting, value optimization, and providing visibility on risk through the entire lifecycle from early due diligence through to completion. Marlon oversees a team that leads the way with cutting-edge estimating technology and data analytics, bringing a greater level of transparency, and added value to all projects he is involved with.  ·         Raymond Wong is the Vice President of Data Operations for Altus Group's Data Solutions team.   Overseeing 60+ researchers across Canada, Ray's primary responsibility is to ensure data collection is all encompassing, reliable and accurate and that it adheres to the Altus Group data governance guidelines.  Ray works closely with both internal and external clients to ensure the information meets their needs and that it is both accurate and timely.  He also regularly presents on key market trends to clients and at industry events. Key topics:·         01:22 – Recap of 2022 – A carryover of themes in 2022·         04:08 – 2023 opportunities in CRE? That depends.·         05:33 – Does the midterm look better for construction in Ontario?·         08:46 – Digging into investment activity and interest rates·         13:17 – Factoring in Net Zero·         14:47 – Betting on ramping up home building and immigration·         16:16 – Finding the turning point in the market·         18:53 – Going back to office - Considering the commute and more·         22:00 – Great scrutiny on assets moving forward?·         25:40 – The solution to the housing problem (Kidding!... not kidding) Sign up to receive our Altus InDepth Newsletter

Date: January 25, 2023Name of podcast:  Altus Insights Podcast SeriesEpisode title and number: Episode 15 – 2022 CRE Market in Review – Perspectives on industrial and multifamily residentialEpisode summary: Raymond Wong, Wendy waters and Phil Stone continue a discussion about the 2022 Canadian CRE market with a review of industrial and multi-residential properties and a look ahead to what opportunities and challenges are in store for the market in 2023. Panelists in this episode:·         Raymond Wong is the Vice President of Data Operations for Altus Group's Data Solutions team.   Overseeing 60+ researchers across Canada, Ray's primary responsibility is to ensure data collection is all encompassing, reliable and accurate and that it adheres to the Altus Group data governance guidelines.  Ray works closely with both internal and external clients to ensure the information meets their needs and that it is both accurate and timely.  He also regularly presents on key market trends to clients and at industry events. ·         Wendy Waters is Vice President, Research Services & Strategy at GWL Realty Advisors (GWLRA), an institutional real estate manager and developer with over $17 Billion in assets under management across office, industrial, retail and rental apartments.  Based in Vancouver, she leads the company's research function, which provides strategic analysis to support the performance of existing portfolios as well as grow the real estate investments managed.  She has over 20 years of experience in real estate research, 16 of them with GWLRA.  Wendy and her research team focus on the economic, demographic and social drivers of real estate performance as well as capital flow, financial inputs and market trends that shape returns. Their work also includes analysing how urban and metropolitan spaces evolve long term, as well as monitoring shifting demand patterns. ·         Phil Stone is a Principal and Head of Canadian Research at BentallGreenOak. In this role, he synthesizes macroeconomic, demographic, capital market and space market trends to deliver actionable insights. In collaboration with the investment management team, he helps set client strategies and implement tactics to target and invest.     Phil has over 15 years of experience within the commercial real estate industry in various roles within investment management. He has experience in research, valuation, asset management, and portfolio management, having spent his career with several prominent commercial real estate firms in the private, public and institutional space.     Phil holds an Honours B.Comm from McMaster University and a UBC/AIC Post-Graduate Certificate in Real Property Valuation (PGCV) from the University of British Columbia. He is a Counselor of Real Estate (CRE), a member of the National Association of Industrial and Office Properties (NAIOP), a member of the Urban Land Institute (ULI) and sits on the REALPAC Research Advisory Committee and the REALPAC Canada Property Index Committee.Key topics:·         00:50 – What headwinds do you anticipate for industrial?·         05:53 – What tailwinds do you anticipate for industrial?·         06:40 – The impact of switching from just-in-time to just-in-case·         10:40 – Are we seeing a continuing trend toward addressing big box retail in industrial?·         13:44 – Are we going to see continued rental rate push and supply issues?·         20:37 – One opportunity and one concern for 2023Sign up to receive our Altus InDepth Newsletter

Date: January 13, 2023Name of podcast:  Altus Insights Podcast SeriesEpisode title and number: Episode 14 – 2022 CRE Market in Review – Perspectives on capital markets and officeEpisode summary: Raymond Wong is joined by special guests, Wendy Waters, VP or Research Services at GWL Realty Advisors and Phil Stone, Principal and Head of Canadian Research at BentallGreenOak, to review the 2022 Canadian CRE market and take a look ahead to what is potentially in store for the market in 2023. Mentioned in this episode:·         End of the office? Not so fast.Panelists in this episode:·         Raymond Wong is the Vice President of Data Operations for Altus Group's Data Solutions team.   Overseeing 60+ researchers across Canada, Ray's primary responsibility is to ensure data collection is all encompassing, reliable and accurate and that it adheres to the Altus Group data governance guidelines.  Ray works closely with both internal and external clients to ensure the information meets their needs and that it is both accurate and timely.  He also regularly presents on key market trends to clients and at industry events. ·         Wendy Waters is Vice President, Research Services & Strategy at GWL Realty Advisors (GWLRA), an institutional real estate manager and developer with over $17 Billion in assets under management across office, industrial, retail and rental apartments.  Based in Vancouver, she leads the company's research function, which provides strategic analysis to support the performance of existing portfolios as well as grow the real estate investments managed.  She has over 20 years of experience in real estate research, 16 of them with GWLRA.  Wendy and her research team focus on the economic, demographic and social drivers of real estate performance as well as capital flow, financial inputs and market trends that shape returns. Their work also includes analyzing how urban and metropolitan spaces evolve long term, as well as monitoring shifting demand patterns. ·         Phil Stone is a Principal and Head of Canadian Research at BentallGreenOak. In this role, he synthesizes macroeconomic, demographic, capital market and space market trends to deliver actionable insights. In collaboration with the investment management team, he helps set client strategies and implement tactics to target and invest.     Phil has over 15 years of experience within the commercial real estate industry in various roles within investment management. He has experience in research, valuation, asset management, and portfolio management, having spent his career with several prominent commercial real estate firms in the private, public and institutional space.     Phil holds an Honours B.Comm from McMaster University and a UBC/AIC Post-Graduate Certificate in Real Property Valuation (PGCV) from the University of British Columbia. He is a Counselor of Real Estate (CRE), a member of the National Association of Industrial and Office Properties (NAIOP), a member of the Urban Land Institute (ULI), and sits on the REALPAC Research Advisory Committee and the REALPAC Canada Property Index Committee.Key topics:·         04:26 - Perspectives on the capital markets·         09:37 - Have thoughts changed on the trajectory of the market?·         12:12 - Perspectives on the office market·         17:58 - Price adjustments for office?·         20:38 - Will ESG contribute to costly changes for older properties?·         22:21 - What types of amenities are desired in today's office propertiesSign up to receive our Altus InDepth Newsletter

Date: November 17, 2022Name of podcast:  Altus Insights Podcast SeriesEpisode title and number: Episode 13 – Top 10 government policies / actions impacting CRE in CanadaEpisode summary: Marlon Bray and Raymond Wong share their top 10 list of municipal, provincial and national government actions that are making or will be making the most impact to Canada's CRE market. Mentioned in this episode: More Homes Built Faster Act “Alberta is calling” campaign Panelists in this episode: Raymond Wong is the Vice President of Data Operations for Altus Group's Data Solutions team.   Overseeing 60+ researchers across Canada, Ray's primary responsibility is to ensure data collection is all encompassing, reliable and accurate and that it adheres to the Altus Group data governance guidelines.  Ray works closely with both internal and external clients to ensure the information meets their needs and that it is both accurate and timely.  He also regularly presents on key market trends to clients and at industry events. Marlon Bray is the head of Altus Group's Ontario pre-construction and contract administration services as part of the Cost and Project Management team. With over 25 years of experience, specializing in budgeting, value optimization, and providing visibility on risk through the entire lifecycle from early due diligence through to completion. Marlon oversees a team that leads the way with cutting-edge estimating technology and data analytics, bringing a greater level of transparency, and added value to all projects he is involved with. Key topics: 01:20 – Marlon presents the top 10 government policies/actions 03:34 – Ray addresses impacts to residential and commercial based on government actions 08:10 – Is there a shift to positivity in the CRE market? 09:10 – Digging into the More Homes Built Faster Act 10:15 – Spectrum of concerns for the market persist 12:35 – Predictions for 2023-2025 14:24 – Light at the end of the tunnel? Watch a video recording of this podcast episodeSign up to receive our Altus InDepth Newsletter 

Date: October 18, 2022Name of podcast:  Altus Insights Podcast SeriesEpisode title and number: Episode 12 – The impact of rising interest rates for CRE in CanadaEpisode summary: Colin Johnston, President of Altus Group's Research, Valuation and Advisory division, joins Marlon Bray and Raymond Wong to discuss discuss some of the key takeaways from a recent national survey of CRE leaders and professionals regarding the Bank of Canada's interest rate hikes, what options are available to address this latest addition to the market's challenges, and what predictions can be made about CRE in Canada for 2023. Mentioned in this episode:·         Article: The impact of rising interest rates on CRE in Canada·         Survey findings: The impact of rising interest rates on CRE in CanadaPanelists in this episode:·         Colin Johnston is the President of Altus Group's Research, Valuation and Advisory division in Canada, a group comprised of over 350 appraisers, economists, planners, advisors and data scientists. During his 25 plus years in the industry, Colin has become one of the country's pre-eminent valuation and advisory professionals, with a particular emphasis on investment grade assets. Colin has spoken on numerous panels, written several papers on valuation, PropTech and served as an expert witness in arbitration cases. He is an active member of several industry associations, a designated member of the Appraisal Institute of Canada and a Fellow of the Royal Institute of Chartered Surveyors. ·         Raymond Wong is the Vice President of Data Operations for Altus Group's Data Solutions team.   Overseeing 60+ researchers across Canada, Ray's primary responsibility is to ensure data collection is all encompassing, reliable and accurate and that it adheres to the Altus Group data governance guidelines.  Ray works closely with both internal and external clients to ensure the information meets their needs and that it is both accurate and timely.  He also regularly presents on key market trends to clients and at industry events. ·         Marlon Bray is the head of Altus Group's Ontario pre-construction and contract administration services as part of the Cost and Project Management team. With over 25 years of experience, specializing in budgeting, value optimization, and providing visibility on risk through the entire lifecycle from early due diligence through to completion. Marlon oversees a team that leads the way with cutting-edge estimating technology and data analytics, bringing a greater level of transparency, and added value to all projects he is involved with. Key topics:·         01:01 – Highlights of survey on the impact of rising interest rates for CRE in Canada·         02:40 – The key takeaways and feedback from the national survey·         07:32 – Do we have a bid/ask gap in the market?·         10:59 – Which will be impacted more by interest rate hikes? New or existing developments?·         12:21 – How much further can rent go up to justify development projects?·         15:08 – Do the rising interest rates complete the perfect storm of challenges in the CRE market?·         17:21 – Investing in core / core-plus vs. other assets, what makes more sense in this market?·         19:50 – Predictions for 2023Sign up to receive our Altus InDepth Newsletter

Date: October 11, 2022Name of podcast:  Altus Insights Podcast SeriesEpisode title and number: Episode 11 - Benchmarking the GTA's municipal development application processEpisode summary: Daryl Keleher, Senior Director in Altus Group's Economic Consulting practice, joins Marlon Bray and Raymond Wong to discuss a very recent GTA municipal benchmark study Altus Group undertook on behalf of BILD.  In this episode Daryl, Marlon and Ray walk through some of the more eye-opening findings from the study which draw connections between housing affordability and municipal processes and policies. Mentioned in this episode:BILD Municipal Benchmarking Study – GTA – 2nd edition Panelists in this episode:·         Daryl Keleher is Senior Director at Altus Group Economic Consulting, having been there now for 15 years. He is a registered professional planner (RPP), land economist and is a frequent expert witness at the Ontario Land Tribunal. Daryl specializes in matters related to municipal finance, provincial and municipal planning policy, housing and commercial real estate markets. His clients are a mix of municipalities, home builders, developers, and public agencies.·         Raymond Wong is the Vice President of Data Operations for Altus Group's Data Solutions team.   Overseeing 60+ researchers across Canada, Ray's primary responsibility is to ensure data collection is all encompassing, reliable and accurate and that it adheres to the Altus Group data governance guidelines.  Ray works closely with both internal and external clients to ensure the information meets their needs and that it is both accurate and timely.  He also regularly presents on key market trends to clients and at industry events. ·         Marlon Bray is the head of Altus Group's Ontario pre-construction and contract administration services as part of the Cost and Project Management team. With over 25 years of experience, specializing in budgeting, value optimization, and providing visibility on risk through the entire lifecycle from early due diligence through to completion. Marlon oversees a team that leads the way with cutting-edge estimating technology and data analytics, bringing a greater level of transparency, and added value to all projects he is involved with. Key topics:·         02:02 - Affordability concerns and regional demographics across the GTA municipalities·         06:15 - Long municipal processes and resource intensive requirements·         08:22 - Which municipality has the longest approval timeline?·         08:48 - How many studies are municipalities requiring for planning applications?·         10:48 - What's slowing down applications in smaller municipalities?·         11:35 - The correlation between development application timelines and unit count·         13:26 - Barriers to development approvals – Province vs. municipality·         15:32 - The ironic connection between municipal staffing levels and affordability·         17:03 - What is the difference in municipal charges between high-rise and low-rise developments?·         19:44 - Increases in development charges across municipalities·         20:44 - Have there been any improvements in development application processes?·         20:54 - Perspectives on municipal data transparency and accessibilitySign up to receive our Altus InDepth NewsletterWatch a video recording of this podcast episode 

Date: August 22, 2022Name of podcast:  Altus Insights Podcast SeriesEpisode title and number: Construction cost escalation in the GTA: Past, present, futureEpisode summary: Raymond Wong sits down with David Schoonjans, Senior Director in Altus Group's Cost & Project Management business unit, to discuss cost escalation in the GTA. In this episode Ray and David break down the drivers of cost escalation, how developers and lenders need to adapt to mitigate risk in the current cost escalation environment, and what the future potentially looks like for construction costs in the near and mid-term. Mentioned in this episode:Altus Group Cost Escalation reportPanelists in this episode: David Schoonjans is a Senior Director at Altus Group and currently leads the Cost & Project Management business unit's Business Intelligence group. David and his team are responsible for leveraging systems and technology to aggregate and anonymize structured construction data utilized by the business unit to provide cost estimating, loan monitoring, and project management services for approximately 1,300 engagements across Canada annually. Databases managed by David's team currently include thousands of projects, representing several hundred billion dollars of construction value. Raymond Wong is the Vice President of Data Operations for Altus Group's Data Solutions team.   Overseeing 60+ researchers across Canada, Ray's primary responsibility is to ensure data collection is all encompassing, reliable and accurate and that it adheres to the Altus Group data governance guidelines.  Ray works closely with both internal and external clients to ensure the information meets their needs and that it is both accurate and timely.  He also regularly presents on key market trends to clients and at industry events.Key topics: 00:46 – Introducing David Schoonjans 02:56 - Where are construction costs moving to? 05:59 - How do developers reconcile their sales prices from 2-3 years ago with today's construction costs? 07:57 – How is Altus' cost escalation index helping developers mitigate project risk? 10:17 – Approach to addressing the "known unknowns" in cost forecasting 11:55 – How has the approach to building pro formas needed to change compared to 3-5 years ago? 14:27 – How have lenders been impacted with cost and interest rate changes? 16:00 – What factors should developers/owners look at to mitigate cost escalation risk? 20:31 - Is there a short-term relief for developers on construction costs? 22:40 - Forecast for construction costs over the next 2-3 years Sign up to receive our Altus InDepth NewsletterWatch a video recording of this podcast episode

Johnnie To makes his first and second film. Neither are called or are like The Mission. From 1980 we find the martial arts mystery film The Enigmatic Case and writer/producer/star Raymond Wong has To call action and cut for his marital farce Seven Years Itch. With Kenny B and Paul Fox of the East Screen […]

Johnnie To makes his first and second film. Neither are called or are like The Mission. From 1980 we find the martial arts mystery film The Enigmatic Case and writer/producer/star Raymond Wong has To call action and cut for his marital farce Seven Years Itch. With Kenny B and Paul Fox of the East Screen […]

Date: May 18th, 2022Name of podcast:  Altus Insights Podcast SeriesEpisode title and number: Canada real estate market news roundupEpisode summary: It's been a hot minute since the National State of the Market presentation we hosted in February, 2022, so this episode serves as a special conversation between Marlon and Ray on all the changes they've observed in the Canada real estate market since then. It's a little bit of good news, a bit of bad news, some opinion, and probably 100% of your daily value in gruff from Marlon.Panelists in this episode: Raymond Wong is the Vice President of Data Operations for Altus Group's Data Solutions team.   Overseeing 60+ researchers across Canada, Ray's primary responsibility is to ensure data collection is all encompassing, reliable and accurate and that it adheres to the Altus Group data governance guidelines.  Ray works closely with both internal and external clients to ensure the information meets their needs and that it is both accurate and timely.  He also regularly presents on key market trends to clients and at industry events. Marlon Bray is the head of Altus Group's Ontario pre-construction and contract administration services as part of the Cost and Project Management team. With over 25 years of experience, specializing in budgeting, value optimization, and providing visibility on risk through the entire lifecycle from early due diligence through to completion. Marlon oversees a team that leads the way with cutting-edge estimating technology and data analytics, bringing a greater level of transparency, and added value to all projects he is involved with.Key topics:01:10 – Q4 2021 performance afterglow02:33 – Expectation on returns03:23 – Increased property activity – retail & office04:36 – Leasing activity05:27 – Homage to Avi05:42 – Challenge snowball for construction07:55 – Construction levels08:42 – Government policies09:36 – Housing supply11:02 – Inflation and interest rates14:30 – Uncertainty in the market driving cautiousness20:39 – Silver linings in the marketReferenced in this episode·         2022 National state of the market presentation·         CMHC releases first series of reports on housing supplySign up to receive our Altus InDepth NewsletterWatch a video recording of this podcast episode

Date: May 11th, 2022 (Orignally recorded on April 1st, 2022)Name of podcast:  Altus Insights Podcast SeriesEpisode title and number: Canada's housing affordability crisisEpisode summary: In this episode we'll be talking about affordability, mainly the housing affordability crisis in Canada. It's been a growing issue over the last few years with a lot of moving parts contributing to the problem. This year, in particular, we've got a perfect storm of logistic, economic, and geo-political issues that have further amplified the situation. Given the size of the problem, we're turning this episode into a “mega-sode”, that means an extra twenty minutes for the Altus Insights team to talk this topic out. So strap in, because this one's going to be a bumpy ride!Panelists in this episode: Raymond Wong is the Vice President of Data Operations for Altus Group's Data Solutions team.   Overseeing 60+ researchers across Canada, Ray's primary responsibility is to ensure data collection is all encompassing, reliable and accurate and that it adheres to the Altus Group data governance guidelines.  Ray works closely with both internal and external clients to ensure the information meets their needs and that it is both accurate and timely.  He also regularly presents on key market trends to clients and at industry events. Marlon Bray is the head of Altus Group's Ontario pre-construction and contract administration services as part of the Cost and Project Management team. With over 25 years of experience, specializing in budgeting, value optimization, and providing visibility on risk through the entire lifecycle from early due diligence through to completion. Marlon oversees a team that leads the way with cutting-edge estimating technology and data analytics, bringing a greater level of transparency, and added value to all projects he is involved with.Key topics: 00:46 - What are the main causes for the affordability crisis? (Property purchase perspective) 07:36 - Rental affordability issues 08:50 - Is there a simple solution to the affordability crisis? 14:33 - Will the "More Homes For Everyone" Act impact housing availability? 16:53 - What does the future look like for the primary market vs. the secondary and tertiary markets? 24:40 - Realities and psychology of owning vs. renting 32:03 - Urban vs. suburban affordability 34:37 - Pros & cons of pre-construction 36:52 - Opinions on laneway housing 41:04 - Marlon's final remarks on housing affordability 42:30 - Will the foreign buyer speculation tax make a difference? 46:53 - Ray's final remarks on housing affordability Sign up to receive our Altus InDepth NewsletterWatch a video recording of this podcast episode

Raymond Wong

Raymond Wong

Date: April 21st, 2022Name of podcast:  Altus Insights Podcast SeriesEpisode title and number: Purpose-built rental property in CanadaEpisode summary: Purpose-built rental has been a hot trend, will it get hotter? The affordability issue we're experiencing in some of the major markets are caused by low supply versus increasingly high demand. Luckily, purpose rental has been thriving with new construction. In this episode, we'll discuss purpose-built rental and why this asset type's demand is only increasing and how its addressing some of the gaps in the market.Panelists in this episode: Raymond Wong is the Vice President of Data Operations for Altus Group's Data Solutions team.   Overseeing 60+ researchers across Canada, Ray's primary responsibility is to ensure data collection is all encompassing, reliable and accurate and that it adheres to the Altus Group data governance guidelines.  Ray works closely with both internal and external clients to ensure the information meets their needs and that it is both accurate and timely.  He also regularly presents on key market trends to clients and at industry events. Marlon Bray is the head of Altus Group's Ontario pre-construction and contract administration services as part of the Cost and Project Management team. With over 25 years of experience, specializing in budgeting, value optimization, and providing visibility on risk through the entire lifecycle from early due diligence through to completion. Marlon oversees a team that leads the way with cutting-edge estimating technology and data analytics, bringing a greater level of transparency, and added value to all projects he is involved with.Key topics:·         00:43 – How does purpose-built rental help address growing housing needs? ·         06:33 – Pro Forma: Purpose-built vs. Condo·         13:39 – Regional demand for purpose-built rental·         18:46 – Cap rates and best markets for purpose-built rental·         24:38 – Closing remarks: Concerns about affordability and supply & demand from MarlonSign up to receive our Altus InDepth NewsletterWatch a video recording of this podcast episode 

Raymond Wong is the Vice President of Data Operations for Altus Group's Data Solutions team and has over 30 years or market research experience. Altus Group is a leading provider of Software, Data Solutions and Independent Advisory Services to the Global commercial Real Estate Industry. In this episode we talked about: Raymond`s First Steps in Commercial Real Estate Industry Overview of 2021 year from Raymond`s Perspective The Retail World of 2021 The Future of Office Real Estate Inducement Sublease Market Asset Classes Interest Rates and Inflation Outlook Mentorship, Resources and Lessons Learned Transcriptions: Jesse (0s): Welcome to the working capital real estate podcast. My name is Jesper galley. And on this show, we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. Ladies and gentlemen, welcome to working capital the real estate podcast. I'm Jesse for galley. And my special guest today is Raymond Wong. Raymond is the vice president of data operations for the Altice group.   For those that aren't aware, Altis group is a company that provides software, data solutions and independent advisory services to the global commercial real estate industry. We use them quite a bit and have been for as long as I've been in the industry. So without further ado, Ray, how's it going?   Raymond (51s): Great. Thanks Jesse. I thank you for having me   Jesse (55s): Well, I appreciate you coming on. I think this is definitely a year where people are getting a little bit more into the actual data, looking at deals, I think with a bit more granularity, perhaps in other times as a function of just being, you know, having less product, but a lot of dollars chasing that product. So maybe for the, for the listeners that aren't familiar with, you, you could give us a little background about how you kind of got started in, in the crazy industry of CRE.   Raymond (1m 23s): Yeah. I started in commercial brokerage as a sales trainee, and I just sorta got consumed with in research and sort of got consumed with market trends and analysis. So basically I just sort of ran the research group and then moved over to the consulting side. And then that allowed me to work with a number of various institutions and, and investors and understanding how, how data can be useful to them and then rationalizing some of the decisions and as well as how critical data is especially the right type of data with respect to interpretation and analysis.   So basically I spent my last 33 years in research.   Jesse (2m 12s): So have you seen, or I guess I should put it this way. What do you think has been one of the biggest changes from the way we look at data and study data in our industry from, you know, when you got started to, to what we do today,   Raymond (2m 29s): There's a lot more value attached to it today, compared to when I started, it was sort of the emphasis, again, going back 33 years, it was more of a gut feel that the data was there and it gave you a sort of indicator, but it was a little bit more sort of wild west. And now we people pay and attach a value to the information, but more is all about interpretation of the trends.   Because as, as you know, when you look at certain numbers, it's not what it seems. And plus that say number, it can be interpreted five or 10 different ways by, by, by different people, right? So data itself is you need to have a firm base and then you need to be able to back up based on your experience or using other indicators to augment where the market's heading due to, to provide a final conclusion. But at the same time, you also hear that too, to a certain extent that whole gut feel or how you feel about the deal and the numbers is still there, but less so now compared to at least when I started.   Jesse (3m 44s): Yeah. I mean, it's something that really, you can't do the job of, of real estate, whether it's in brokerage investment, you know, any aspect of our, of our industry without having that data that we now just see as just something we take for granted where in the past, you know, perhaps it wasn't as easy to just, you know, go online and figure out a couple of key points for a particular say, product that you're looking to purchase. We've had a crazy 20, 21 where it's the beginning of a, of 20, 22 here, about two months in.   And, you know, hopefully everything from a Canadian context is moving in the right direction. But talk a little bit about 2021, because in a lot of ways it was there, there was a number of records that were broken. Talk about that. And, and, you know, what was that like? What was 2020, like from your perspective,   Raymond (4m 36s): It's that I've seen before? Partly you have to go back to 2020 with a pause in the market for three or four months and in the GTA with, with the lockdowns. And there was that sort of, you know, month or so where companies were trying to figure out what does this mean? What's, what's going to happen with the economy and everyone's sort of reviewed their sort of their strategies for, from leasing to acquisitions and 2021 as a result of that pause.   And it's so like a year and a half transactions in one year. So we had record year, we're going to be up by 40% compared to compared to the last record year back in 2018 and 2019. So if you look at all the momentum in 2021, it's going to carry forward in 2022, because a lot of the, the elements that caused activity. So there with the availability of capital still historically low interest rates and continued demand, especially, especially what we've seen in the past month, the return of foreign buyers in the Canadian marketplace, looking for us to pill stability, and again, good, good solid returns.   Jesse (5m 60s): So from the, the aspect of deals done price or evaluations for in certain asset classes, we've we saw records, but also activity itself has gone up. What, what have you seen in terms of the different subgroups of commercial real estate? Maybe we could start with, you know, one of the darlings of our industry industrial, you know, how has that activity level change or, or, or continued to increase, I guess,   Raymond (6m 29s): Well, it's, it's all about e-commerce and it w it was, it was, it was comment the other day that compared to five years ago, the amount of activity with, with the lockdown that everything's getting delivered, you're not going to the store or picking up an item, but you're getting things on an instantaneous basis. You're getting things that the next day, right. And you you've seen the growth in the industrial sector. So back in 2019, we had about 9.7 billion on, on a, on a national basis.   And in 2021, we're at 15.6, sorry. Yeah. $15.6 billion. So you see that, that increase in demand for space, but it's not just the users, but it's also from an investment standpoint and the stations and the number of, of sales. So when you look at the overall availability rate, say for lease for the GTA, it's around 0.9% and it, and industrial property for sales make up about 0.6%.   Right. So when you're a tenant, you're looking at both sell and lease, but so that's contributing to just a record, you know, activity on the, on the investment sector, right across the country.   Jesse (7m 51s): Yeah. I mean, industrial it's, it's pretty amazing to see the amount of activity from the brokerage perspective, kind of like the boots on the ground, just seeing just the volume and, and the prices that are being paid. So if we move from, from industrial over to retail, what is the, what does that world look like in 2021?   Raymond (8m 11s): You know, it's, it's as two things, sorry, it looks like the investment side has not skipped a beat, and we're a slightly above retail compared to 2019. And again, it's, it's retail and office, that sort of the number of concerns regards to our sector and office went from 8.9 billion down to about, about 5 billion this year.   But on the retail side, there's the investor standpoint. So especially the number of downloads with retail there's that there's a redevelopment opportunity to bring it to higher invest use because of the location. So I think we've seen continued demand in that area, especially with anything with food anchored gro grocery on the, on the Plaza or retail centers have been getting a lot of play, especially with the pandemic. And, and that's one of the, the, the sort of the Constance from a consumer standpoint, retail, especially though the regional malls and the major centers you still have that need for interaction similar to the office that you want as a place to, to sort of meet people.   And, you know, the, with the, with, with, you know, the lockdown re reducing order restrictions, reducing is a chance to, to meet at restaurants and to actually see the product. So I think as you can't really see the product on the screen, you need to experience a, you need to try to comparables, you need to speak to an expert in asking about a particular product, especially if the clothes you need to try it on. And instead of buying 10 pairs of shoes and then online and returning eight pairs, you can actually get what you need with, with allocation.   And from retailer standpoint, if you're online, you're buying that one specific item, but when you're in a store, like, I, I always use the example from Costco when we're going to Costco, we're only buying milk and we're buying eggs, but on average, we come out spending about $300 because there's this there's item and there's surprises. So when you go into a store, you're actually buying more than you're anticipating, and it's very strategic amongst the retailers on how they lay out certain products, right?   So, so there's a need from the, the, the retailer to have the sort of omni-channel options for the clients, as well as I think there's that need for interaction and social activity from consumers. So I think for our retail standpoint, we're still gonna see sort of that evolution and change and retail I think is still very much needed. And you can tell based on the investment activity, as well as a slow recovery and in the, in the openings of some of the major malls.   Jesse (11m 12s): Yeah. That makes sense. And I think another similar to industrial, we've seen a lot of activity on the multi-residential side. One thing I thought was, was kind of telling of the data was the, the 20, 19 to 2021. We saw a balloon in, in actual dollars for industrial. I saw a, I was kind of surprised the, that the multi res wasn't as high or wasn't, excuse me, the percentage increase wasn't as substantial. I thought it would have been more, but perhaps it would maybe be more telling if we were comparing 20 17, 20 18 to 2021 on the multi res side.   Raymond (11m 52s): Well, the thing malty Raz has always been a sought after product, right? And you always had that, you know, especially with Toronto Vancouver, that sub two sub 3% cap rate and with industrial, for the, for the tenant. Now we're starting to see some, some cap rates for industrial come in at less than three or two and a half percent, especially with the large logistics warehouse distribution companies.   I see that as a shift, whereas with apartments, eh, and cervix industrial as well, the challenge is to be able to find that product. Now we're starting to see, you know, the, the increase in, cause there's, there's a real shortage of housing across Canada. And now we're seeing an increase in purpose-built rentals, right? It's especially with the institutions and investment side. And so anything with excess land or price, a redevelopment on the side, we'll trade and trade at a premium.   The other thing that you're seeing, especially with on the residential side, it's, it's not what it seems worth when you look at certain rates. So there's been a couple of projects in downtown Toronto, but older office building locations that, that sold for a very low cap rate up under 4%, but it wasn't really reflective of the current use. It was reflect reflective of the future use. And that's what the purchaser secured the property for a future residential down the road.   So yet when you look at the cap rates, I think this goes back to the interpretation of numbers. You have to be careful of what is the intention of, of that property. What does does that number were flat? So is that secondary research that you really have to apply to really understand the numbers and you just can't accept the numbers of verbatim.   Jesse (13m 53s): Yeah. It's one of those things where cap rate can tell you so much, I mean, any, any real estate metric, whether it's IRR internal rate of return cap rate, I mean, it falls flat on its face. Once you have a half vacant building, which, you know, w and further analysis might be a great opportunity, but a terrible cap rate if we're using in place income. So the, the, the last one here is office. And like you said before, I think retail and office took the biggest hit. One thing I think was different with office leaving out the, the actual leasing and the investment sales, then it shrunk quite substantially compared to two, three years before what has been kind of the, the conventional wisdom on from the research groups as to office and the future of office.   Raymond (14m 43s): And a lot of discussion has been in the urban or the downtown market. I'm a big believer of the return to the office, especially the downtown and the world bank Plaza, office transactions is, is reflective of that, that continued confidence in the marketplace. And with close proximity to retail, close to work, and as well as if you, if you're downtown and if you're living, especially living downtown, you don't need a car, right?   So there's that aspect of it. So we're going through sort of a, with a lockdown, no lockdown, and you're starting to see a little bit increased activity, especially for the car front. People are still a little bit concerned about taking public transit. So they're driving in. So the traffic congestion that I experienced for the pandemic I'm experienced in the same amount, especially if I leave at five or five 30 from the office by eventually I think as more people come back in, starts with the senior managers, and then other people start going back in, is that a form of fear of missing out component of it?   I think we're going to return to a certain level of demand and Missy, but I also believe that the hybrid work from home component was still being in play because what we found out in the last couple of years, some departments and some individuals actually, they work better at home rather than the office. So the hybrid is not going to go away. There's actually going to be more flexibility of the space and more collaboration and more chances for interaction within. And I give you a reason to, for people to actually come in and not just to work, but to have that interaction.   So I I'm, I'm a strong believer from that standpoint, from that demands perspective. And we really haven't seen or seen sort of some of the price points on the offside declined slightly, but not to any massive gray, because the other thing is that there hasn't been a lot of transactions in that area. Cause it's a wait and see, and whether or not, you know, the occupancy levels will increase the spaces leased out, but getting people back into the office. So I think over the next, you know, nine to 18 months, we're going to see more of whether or not it's going to return to a semblance of normalcy and whether or not the, the, the occupancy levels will increase over time.   Especially if we sort of get past this pandemic or at least prior to work with that.   Jesse (17m 14s): Yeah. I think the, the office one is, is interesting in the sense that the owners typically, especially the institutional owners, I have deeper pockets, I think can wait it out a little bit better than under, than other segments, but it is like you said, it's the, for me, it's not necessarily the evaluations, it's the activity that has just kind of grinded to a halt for a period of time. How do you look at office when it comes to, if we, if we take the premise that there's going to be a longterm trend or a change from these 10, 15 year leases, just assuming they're five, 10 and 15 year to more flexible leases from the underwriting standpoint, you know, how do you, how does that impact values or how you look at valuations?   Raymond (17m 59s): Oh, that's a really good question. And actually we were looking at that before the pandemic, because we're already seeing a lot more flexibility and, and leases because companies would need it to be able to pivot quickly, especially with the tech companies and the average drop down to about three to 5%. And that was from, from, from a value standpoint, you no longer have that longer term income. And how do you look at the, the, the, the, those type of values. So even with those concerns, we haven't really seen a big shift in, in, in, in, in values.   And that's because of what you just said with Deepak is by the institutions that we haven't seen, that, that, that movement and back then, or pre pandemic, it was, it was little bit more difficult to say because you're also dealing with what three to 5% office vacancy rates. But now when you're dealing with double digits, we interesting whether or not those values are impacted, but I'm not sure if it's just based on, on the vacant space or the occupancy of the building and impact on the IRR or the lease terms.   So it's probably a combination of both and again, as a sort of a wait and see, but we haven't seen yet and major shift in values because of the, because of the, the more sort of flux terms.   Jesse (19m 23s): Do you think that these, you know, major markets that have had historically very low vacancies, whether it's, you know, you're in San Francisco, New York, Vancouver, Toronto, do you think that these, these areas are going to actually start get into a balanced space where we're seeing inducements, like some of the smaller cities where, you know, stuff that we would hear, oh, they induced the deal at a hundred dollars per square foot, or for those that aren't aware of an inducement, a tenant allowance, basically giving the tenant cash in hand. Are we going to start seeing that as a, as a norm in, in these type of markets that are, that I mentioned,   Raymond (19m 59s): I, you know, what the markets are, you mentioned with, especially with San Francisco Vancouver, those are, you know, global cities and you look at, and there's been a lot discussion about the tech workers and the tech companies that have located in these markets. So it all depends on how long we see high office vacancy rates, four and 4, 4, 4. Is it a specific sector, is a class B or C the Mo the bulk of vacancy, because right now what we're seeing is that there's a lot demand for the newer products, especially with the HVAC and updated filter systems and, and, and the floods wall space to bring in the new type of hot desking and so on and so forth.   So depending on where the vacancy rates are, and with a place like San Francisco is starting to tighten up again a little bit, and especially with, you know, Vancouver, I think we're starting to see the first element of a quicker recovery, especially with expansion, with some of the tech companies out there. And I think we're going to probably see something sort of summer in while we are we're, we're seeing more lease activity in Toronto and whether or not it adaptive style with the challenge right now is that, you know, 8 million square feet that is currently under construction and what is complete, and then how that's going to impact the marketplace.   So I think we will see sort of tenant inducements by again, depending on how long the, the vacancy rates stay high before landlord sort of want to sort of lease that space up and add more tenant decent. So we're seeing a little bit of it with a blend of extends with some of tenants and some of the space, but we sort of w we sort of have to wait and see and see what, what, what the trend will be.   Jesse (21m 59s): Yeah, we are seeing a lot more early extensions or renewals, like you said, blend and extend, you know, do that weighted average of, of rates one area. It's, it's good to be able to talk to you here, cause we've heard so much different data from the sublease market. You know, for those that don't know, you know, tenants that are current tenants with a, with a landlord, a head landlord of a building, you know, over this pandemic, we've seen an increase, an increase in them, subleasing their space like you would do in college or university.   The question I have is how do you get that data when we're talking about availability rates or sublease rates, because oftentimes this, this pro product can be occupied. It might not be occupied. It might be an under contract or not contract, not in contract. So do you look at the sublease market as a bit of a different animal when you're, when you're looking at the, the data and what the data's telling you?   Raymond (22m 56s): I absolutely. When, when the pandemic hat and we were, we, we, we knew what we would need to track that sub landmark. So sublime market in a balanced market is probably between 12 and 18% in that range, depending on where you are. But we knew that when w when the lockers were happening and their announcements would give back a space or not going back to the office, a satellite was going to increase.   So whatever increases north 35, 40%, that's what it starts competing with the drug space, right? So you can have space that has already been built out competing was in some cases, raw space, right? So that sort of pushes some of the, the, the rates. And fortunately, over the last eight, 18 months, over the last six months, we've seen a decline in the percentage of available space, that sublime, especially where it was hit, the hardest with Toronto Vancouver downtown.   So the nice thing is that it's in the low twenties, but a lot of that was due to some of that sublet space being leased out. Some of it, as you mentioned earlier, Jessie, the blended extends. But the other thing is that some of the terms were, were expiring. So something that we need to watch, especially with a market that's going through flux, or there's a sort of economic slowdown that we're really watched that because then it hits a certain point.   Then we'll, we'll probably start seeing more tears hit the marketplace, but definitely over the last six or nine months has really declined in those two sort of problem markers as we saw early in the pandemic.   Jesse (24m 46s): So if we take a Toronto as an example, correct me on the numbers here, because what I have heard over over the pandemic is that we were pre pandemic. I don't know if it was six or 700 million square feet of sublease space to peak peaking at the high point. What was it in the, in the three and a half million mark, three, three low threes? What did that look like as a, as a raw figure before, and maybe in the peak, which I assume was sometime at the mid to end of last year,   Raymond (25m 14s): You know, I it's, I think it's down by while at least 20 or 30%, but it is down a stiffly front of the peak. Th th th the other thing that we're not factoring in, I think is less so in this market compared to your market, like Calgary is the shadow vacancies that it's not being marketed, but not formally being marketed by sector space, beat held by, by the tenants. I don't think that's the case in Toronto and Vancouver where you have that shadow space.   I think what the sublet space we're showing is true cyberspace. And I don't see, we see that we have a lot of shadow space and I, this is a little bit different sort of, sort of right when the pandemic started. Cause I think there's a lot more shouts places. So the availability that was showing was probably a lot lower than what the real market was showing. But now I think is starting to tighten up a little bit on the Saba side is a little bit more transparent.   Jesse (26m 14s): Got it. So that three and a half or 3 million that probably that's, I guess, out of what out of roughly 10 million available, something like that. Yeah. So I want to pivot a little to an asset class. It's, it's just being, I've been hearing it more and more often from, from clients and just investment individuals in our real, in real estate space in general. And that's student housing. I know that you, you guys track all the major food groups in the commercial real estate side. Do you guys track student housing, student property properties either in Canada or globally?   Raymond (26m 49s): Yeah. In Canada, we, we track on the transaction side and that's sort of a niche investment sector such as young public storage, your data centers and your life sciences. Right. And, and we're actually going to start track and with our multi-family part of this coming up with purpose-built rental. So it's, it's an area that's always effect is a little bit higher cap rate just because of the risk and ball with some of those type of assets.   But especially with the activity you've seen in, in, in the university has, is, is it's, it's, it's a sought after product, but it doesn't really fetch the same type of cap rates of your typical apartment or multiple multi-family residential.   Jesse (27m 41s): Yeah. Well, I mean, that makes sense. I have seen more and more people kind of look towards that. I think maybe the thinking was if you can withstand a global pandemic and still be okay, then this asset class looks fairly recession resistant. I want to, we, we have four questions. We ask every guest that comes on the show at the end here, but before we get there, I just want to kind of get your take on the outlook for 2022 with the backdrop of interest rates, a lot of talk about inflation.   And it seems like we're going to have, like you said, a spill over effect from 2021 into 2022. So, you know, what, what do you see going forward? What, what type of things should we be on the lookout for?   Raymond (28m 25s): Well, you know, the, the interest rates will be interesting, whether that impacts consumer spending and it has slowed down a little bit and whether or not that impacts the, the GDP, but I don't think that the increase in interest rates are going to impact the appetite for commercial investments. So I still think that's going to remain strong for this year, just because the availability of capital. And we look at, you know, the 10 year bond versus the chiropractor.   There's still a huge gap there, even though with this increase in interest rates. I think on the office side, we have to wait and see the next couple of months with, with, in, in Ontario with the reduction of, of re re restrictions. But I also think that we're, we're probably going to see a increase in lease activity compared to, to a year ago. So I think that's, that's a positive because just the natural flow of some of the lease expirees and, you know, is a, is a it's of course industrial is going to remain strong, not, not a lot of demand on a supply and the same thing with the other asset classes, with respect to apartment, as well as land.   The cool thing about land is, you know, that's a good bellwether with, you know, especially what's happened in the residential side and you look at places like calidad and you look at north of Barrie, the 4 0 1, the four, one quarter Southwestern Ontario, and you've seen a lot more sort of acquisitions or, or activity there and that sort of that next play or the next growth based on that, you know, the, the, that, that urban growth of, or expansion outside of the GTA and more into the sec secondary and tertiary Americas, especially based on housing affordability.   So I think 20, 22, we're going to see, I don't see any major hiccups by again, there's going to be some surprises that noises in the, in the market and whether that, that slows it down, it'll be interesting to watch, but I don't really see anything that will sort of take down the market at this point.   Jesse (30m 39s): Okay. You heard it here first. All right. We've got four questions. We ask every guest. I promise they're a, they're easy Raymond. So if you're ready, all a LABA, Matt. Yeah.   Raymond (30m 47s): You didn't give me these questions.   Jesse (30m 49s): Oh, I know it wasn't   Raymond (30m 50s): In the notes.   Jesse (30m 50s): Absolutely. This is a rapid fire. So what's something that, you know, now in your career, it can be in business or real estate that you really wish you knew when you first started out.   Raymond (31m 5s): No, it's, it's all, as you know, with, with commercial real estate, it's a small group of, of people proportionally and it's, it's about relationships. It's, it's about networking. Right? And I, I, and if, especially with people I started out with about you over 30 years ago, and we're still friends with, and we're solid in the industry together. And I was also found is, is it's people like to cooperate, but one of the main things I want to follow, especially this is why I tell people when they started out be famous or one thing, be very good at it and be known for that particular area, for people to seek your advice or to seek your help in solving their problem.   Right? So one the whole relationship, but two as well as be known for something and be, and be your best at it.   Jesse (32m 2s): So that's a great segue to our second question. Wanted to just get your thoughts on mentorship for individuals coming into our industry. And perhaps we can even specify a little more because of your background for individuals that may be, I want to go into whether it's B B on the economist side, the research side or data, you know, what would be advice for, for those types of individuals?   Raymond (32m 26s): Yeah, I, okay. I have a bias here because I, I love research and especially with both, you know, the broken firms and our firms that if you want to get into the sector that brokerage and, and sort of the service companies are, it's a great place to learn the business because you're starting out at junior level, you're exposed to very smart people and very good experience. And in the industry, and you, you learn through research through reading reports and you sort of develop your expertise.   And plus what I said earlier, that all of us, we really, we really want to help and watch that second generation grow, that that's basically going to replace us, right? So we want to see them succeed. So very open to discussions or opinions, and we tend to refer people over as well to, you know, you should really speak to this person regardless of the industrial sector, the best in that, in that, in that area. But I find that people are willing to, to talk which, which, which really helps the, the growth of the sector.   Jesse (33m 35s): Yeah. I do think that's one thing, at least in, in the tunnel vision of our industry, that I find people are very open to. They like to see younger people, especially if those younger people are motivated, what is a one or two books that you find yourself recommending all the time?   Raymond (33m 53s): Yeah. This goes back as that, that good to great series, try to stay within your, the certain element of, of stretching, but make sure you understand what, what, what your core value is or what, what is that company? What does it represent? Right. And again, as, as being more to focus on your strengths, the other book is Freakonomics and the way they look at the economy and the way they look at different data elements that may not seem relative to, or related to that trend, you're looking at that you need to look at other things and, you know, be a little bit more flexible and open with different ideas and different feedback, different perspectives from different people.   But what really got me was the data element and how certain things that you wouldn't think are related are related and how that sort of impacts that future growth.   Jesse (35m 1s): Yeah. That's, I mean, it's just a book where if you, can you put forth applied economics in a, in a fun and an easy to understand or memorable way. Yeah, absolutely. All right. Last question. First car, make and model   Raymond (35m 15s): Onto the court   Jesse (35m 17s): Right on. I thought it was going to get something exotic. Raven. Usually when I have the seasoned vets in here, I get a, I get some, you know, 1970s or 1980s Unique.   Raymond (35m 28s): I am a researcher. It doesn't go that one.   Jesse (35m 32s): Yeah. Pretty simple. All right. My guest today has been Raymond Wong, Raymond, thanks for being part of working capital.   Raymond (35m 39s): Boom fun. Thanks, Jesse.   Jesse (35m 49s): Thank you so much for listening to working capital the real estate podcast. I'm your host, Jesse for galley. If you liked the episode, head on to iTunes and leave us a five star review and share on social media, it really helps us out. If you have any questions, feel free to reach out to me on Instagram, Jesse for galley, F R a G a L E, have a good one. Take care.

Date: February 17th, 2022Name of podcast:  Altus Insights Podcast SeriesEpisode title and number: Impact of the pandemic on Canadian real estate – Part 1Episode summary: We kickoff our new podcast series with a “2-parter” where we'll be discussing the ongoing impact of the pandemic on commercial and residential real estate across Canada, with retrospectives on 2021, predictions for 2022, and market trends real estate investors and real estate developers should keep an eye on.Panelists in this episode: Raymond Wong is the Vice President of Data Operations for Altus Group's Data Solutions team.   Overseeing 60+ researchers across Canada, Ray's primary responsibility is to ensure data collection is all encompassing, reliable and accurate and that it adheres to the Altus Group data governance guidelines.  Ray works closely with both internal and external clients to ensure the information meets their needs and that it is both accurate and timely.  He also regularly presents on key market trends to clients and at industry events. Marlon Bray is the head of Altus Group's Ontario pre-construction and contract administration services as part of the Cost and Project Management team. With over 25 years of experience, specializing in budgeting, value optimization, and providing visibility on risk through the entire lifecycle from early due diligence through to completion. Marlon oversees a team that leads the way with cutting-edge estimating technology and data analytics, bringing a greater level of transparency, and added value to all projects he is involved with. Key topics: 01:04 – 2021 and 2022 Market Drivers 03:26 – 2021 and 2022 GTA Residential 04:40 – 2021 Cost Escalations 07:14 – Construction Cost Predictions 09:04 – Industrial Sales and Lease Rates 12:06 – Demand for Commercial Development 13:57 – Migration in Urban Condo Market 17:42 – Impacts of Inclusionary Zoning 20:31 – Condo Cancellations Resources mentioned during this episode: 2022 Canadian Cost Guide National State of the Market Webinar (On Demand) Send Marlon flowers Sign up to receive our Altus InDepth NewsletterWatch a video recording of this podcast episode

Date: March 2nd, 2022Name of podcast:  Altus Insights Podcast SeriesEpisode title and number: Impact of the pandemic on Canadian real estate – Part 2Episode summary: In part two of our first episode, Ray, Marlon and Avi continue their discussion on the impact of the pandemic on Canadian real estate with perspectives and insights on 2021/2022 cap rates, construction cost impacts across asset types, the accelerated evolution of retail, and a deeper dive on office market values.Panelists in this episode: Raymond Wong is the Vice President of Data Operations for Altus Group's Data Solutions team.   Overseeing 60+ researchers across Canada, Ray's primary responsibility is to ensure data collection is all encompassing, reliable and accurate and that it adheres to the Altus Group data governance guidelines.  Ray works closely with both internal and external clients to ensure the information meets their needs and that it is both accurate and timely.  He also regularly presents on key market trends to clients and at industry events. Marlon Bray is the head of Altus Group's Ontario pre-construction and contract administration services as part of the Cost and Project Management team. With over 25 years of experience, specializing in budgeting, value optimization, and providing visibility on risk through the entire lifecycle from early due diligence through to completion. Marlon oversees a team that leads the way with cutting-edge estimating technology and data analytics, bringing a greater level of transparency, and added value to all projects he is involved with. Key topics: 00:36 – Cap Rate Trends 03:54 – Industrial Construction Costs 07:15 – The Retail Pivot 13:05 – The Return to Office 21:04 – Construction Cost guide 23:09 – Marlon's Current Concerns 26:50 – Ray's Current Concerns Resources mentioned during this episode:2022 Canadian Cost GuideSign up to receive our Altus InDepth NewsletterWatch a video recording of this podcast episode

Raymond Wong

Raymond Wong

Yale School of Architecture associate dean Phillip Bernstein recently spoke to digital media editor Warren Frey in a wide-ranging discussion about the future of architecture, the potential of the next generation of architectural students and the future of the built environment in the United States. Bernstein headed a recent virtual conference panel presented by the American Institute of Architects called “A One-Hour Tour of the Future” where panelists agreed if the U.S. is to spend trillions on new infrastructure while pivoting to a green economy architects must have a leading role in the process. Other topics covered in the podcast interview included why young architecture students generally don't realize the data-driven potential of their chosen career and the need to concentrate not only on large cities but more rural locations when considering new architectural projects. You can listen to The Construction Record and TCR Express on the Daily Commercial News and Journal of Commerce websites as well as on Apple Podcasts, Spotify and Amazon Music's podcast section and you can hear last week's episode featuring Altus Group vice president of data operations Raymond Wong here. Thanks for listening and we'll see you next week. DCN-JOC News Services

On this week's episode of The Construction Record podcast, digital media editor Warren Frey interviews Altus Group vice president of data operations Raymond Wong for a discussion on the ongoing effects of the COVID-19 pandemic on retail and office building development. Some of the trends accelerated by COVID-19 were present before the pandemic took hold, Wong said, and some will remain long past the pandemic's end-date as consumers become used to predominantly ordering food and shopping online all of which necessitates structural and logistical changes. Wong also said while the shift to remote work which has changed the office development landscape after almost two years many are eager to change their immediate surroundings and offices will likely open at least in hybrid form. You can listen to The Construction Record and TCR Express on the Daily Commercial News and Journal of Commerce websites as well as on Apple Podcasts, Spotify and Amazon Music's podcast section and you can hear last week's episode featuring Association of Equipment Manufacturers senior director of government relations Kate Fox Wood here. Thanks for listening and we'll see you next week. DCN-JOC News Services

With Chinese New Year around the corner in 2021, we could all use some cheering up. So we’re throwing back to a festive staple: All’s Well, End’s Well from 1992. The tale of three brothers going to hilarious lengths to win their parents’ approval for their romances offers both wholesome family fare, as well as a star-studded cast featuring Leslie Cheung, Stephen Chow, Raymond Wong, Maggie Cheung, Sandra Ng, and Teresa Mo.

With Chinese New Year around the corner in 2021, we could all use some cheering up. So we’re throwing back to a festive staple: All’s Well, End’s Well from 1992. The tale of three brothers going to hilarious lengths to win their parents’ approval for their romances offers both wholesome family fare, as well as a star-studded cast featuring Leslie Cheung, Stephen Chow, Raymond Wong, Maggie Cheung, Sandra Ng, and Teresa Mo.

Another story about millennials not being able to get into the housing market. OK Boomer, I hear you. You walked everyday through snow and thunder to earn a living to buy your house. But, let's hear the other side first.  We're joined by Raymond Wong, Member of HALT - Housing Action for Local Taxpayers

We chat with Damian McMorrow Lead Technology Advisor at Vision Australia’s AT help desk about an upcoming webinar on how technology can assist with dog guide mobility. Also on the program, we chat with Dr Raymond Wong from the Centre for Eye Research Australia  on the development he world’s most detailed retinal gene atlas and how this might be a key to resorting sight. 

Raymond Wong (SMIS 1985) Representative Director and President of Wells Fargo Japan After graduating SMIS in 1985, Raymond Wong studied in University of Pennsylvania with BA in Math and BSE in Finance. Born and raised in Japan, he carried Taiwanese passport until age four, before naturalizing to become Japanese. He also attended Tokyo Chinese School during his primary years. Raymond had been in Financial companies for 30+ years, and currently is serving as a Representative Director for Wells Fargo Securities in Japan. He is also currently Chair for St. Mary's Alumni Association for 2020-2023. He is also an avid athlete, having completed 60 full marathons and 9 IronMan events. Raymond and his wife Miwa have three children who studied in SMIS and SIS (Class of 2008, 10, 12). Episode Summary -The international school experience: going as a student v having a child attend and why send children to international schools -Deciding what type of educational path (Japanese, American, etc) children should pursue - Cultural variance within a bi-cultural family - St. Marys as a parent vs student - The finance market in Japan in the 1990s - Expatriate culture and how it is changing in the 21st century - Taiwan/Singapore in the 1990s - Raymonds and "identity" - How mixed children vary in identity, even within the same family - Being at Bear Stearns in 2008 - COVID-19 v the 2008 Financial Crisis - Raymond's belief in regard to how we engage COVID-19 will define our character - The SMIS Alumni Council (SMAA) - Iron Man and marathons

Ya ni tiene mérito decir que estuvimos en vivo, otra vez con Sopapo Oriental, haciendo una RE: seña del clásico moderno de comedia y artes marciales Kung Fu Hustle o Kung-Fusión, de Stephen Chow. De la mano de Ezequiel, estudiamos todos los estilos de artes marciales usados en la película, reales y ficticios; los celebres actores que participan de la cinta, y todos los guiños y referencias que tiene la película. Con música de Raymond Wong, con la Hong Kong Chinese Orchestra, Ma Sheng Long, y Gu Guan Re. Próximo programa: Aniversario Nº 17.

Our guest today is Raymond Wong, Vice President of Data Operations and Data Solutions with Altus Group. He’s going to take us through the most current data that apply to the four main asset classes and how they’re fairing in the COVID-19 pandemic. Industrial, multi-res, retail, and office have all been impacted by the pandemic,... The post COVID-19 and Real Estate Data Trends with Ray Wong of Altus Group appeared first on Commercial Real Estate Podcast.

This week Josh and Ryan are joined by editors from Input including Evan Rodger, Cheyenne MacDonald, and Raymond Wong to discuss the growing trends of Porch Pirates, parachute pants, and poaching planets. The local news energy on this episode is through the roof. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week on Tomorrow, Josh and Ryan are joined by Input's Reviews Editor, Raymond Wong, to discuss Google's new Pixel 4, Microsoft's Surface Laptop 3, and which characters on Succession are allowed to eat daddy's M&Ms. There's also some trepidation regarding HBO's Watchmen, Ellen's friendship with George W. Bush, and the fan reaction to the casting of The Batman. Oh yeah, and the gang meets a vampire witch. Happy Techtober! Learn more about your ad choices. Visit megaphone.fm/adchoices

Raymond Wong preaches from Matthew 20: 20-34. December 16, 2018.

Everyone knows Apple will unveil new iPhones in the fall, and the consensus is there will be three models: a successor to the iPhone X, a large-screen version of that phone, and a new model that looks kind of like the iPhone X, but doesn’t have quite all the same features so Apple can sell it at a lower price. With three iPhones coming, the big question becomes... what is Apple going to call these babies? Apple really screwed itself by debuting the iPhone 8 alongside the iPhone “ten” — now anything called the “iPhone 9” sounds like an old model, and the “X” label makes it difficult to just jump to 11 (which would make the “9” sound even older). So what options does Apple have? Host Pete Pachal dissects them all with Mashable’s Raymond Wong and Michelle Yan. Tell us your vote by hitting us up on Twitter at @mashtalk.

HK. Deux lettres synonymes d'orgasme cinématographique déviant, d'éclatage de rétine puissance 1000, de folie furieuse pelliculée... Au détour de ce PIFFFcast particulièrement passionné, vous rencontrerez des pénis sectionnés, des chevaliers rebondissant comme des balles magiques, des vampires à cloche-pied ou du sexe par corps astral interposé. C'est normal, tout va bien, vous êtes simplement à Hong-Kong ! Avec Véronique Davidson, Xavier Colon, Laurent Duroche, Talal Selhami et Cyril Despontin.
 Réalisation : Xavier Colon 
Musique du générique : Donuts' slap par Laurent Duroche ► Flux RSS pour Android : bit.ly/2FrUwHo
 ► En écoute aussi sur Itunes : apple.co/2Enma9n
 ► Sur Deezer : www.deezer.com/fr/show/56007
 ► Mais aussi sur YouTube : https://www.youtube.com/watch?v=3syt7ssUSow Références des films cités :
 • Ikarie XB1 de Jindrïch Polak (1963) 
• Detroit: Become Human (jeu vidéo - 2018) 
• Sans un bruit de John Krasinski (2018)
 • Madman de Joe Giannone (1982) 
• La dixième victime d’Elio Petri (1967) 
• Zu, les guerriers de la montagne magique de Tsui Hark (1983) 
• L’exorciste chinois de Sammo Hung (1980) 
• Journey to the west de Stephen Chow et Derek Kwok (2013) 
• Dream Home de Pang Ho-Cheung (2010) 
• The Eternal Evil of Asia de Man Kei Chin (1995) Bande Originale :
 • Running out of time de Raymond Wong (1999)

This week's guest on Foreign National is Raymond Wong, Chinese lion dancer/trainer. Raymond talks about cultural Chinese traditions and foods along with the history of DC's Chinatown.

For the 10th anniversary of the iPhone, Mashable's Tech Team embarked on an ambitious project: to imagine what the iPhone of 2020 would look like. The idea wasn't to just throw out a bunch of futuristic ideas, but to look at recent rumors surrounding the iPhone 8, Apple's history with the iPhone, and current mobile trends to create a realistic portrayal of what the iPhone will look like three years from now. What we ended up with something that — while clearly a step beyond the smartphones of today — is unmistakably an iPhone. But an iPhone with an edge-to-edge screen, no home button, a more AI-driven version of iOS, and no ports whatsoever. After revealing our vision for iPhone 2020, we invited a panel of experts to dissect it — to tell us what we got right and what we got wrong. On this week's MashTalk, iMore Managing Editor Serenity Caldwell, Loup Ventures Managing Partner Gene Munster, and USA Today Tech Columnist Ed Baig join Pete and Mashable staffers Raymond Wong, Lance Ulanoff, and Sam Sheffer in a spirited discussion about the future of the iPhone. What will the iPhone really look like in the future? Check out our vision of iPhone 2020, and feel free to tell us what you think of it at @mash_talk. Follow Pete on Twitter.

Los 80 fueron los años dorados de un subgénero muy característico de Hong Kong; la comedia sobrenatural. Mucho antes de asaltar occidente con La novia de Chucky y Freddy contra Jason, Ronny Yu ya tenía muchos tiros pegados en varios géneros. Con The Occupant se marca una curiosa mezcla de triángulo amoroso de comedia romántica chorra y drama de fantasmas vengativos con un Chow Yun-Fat en pleno ascenso a la fama, Sally Yeh como la estrella del pop asiático garantía de éxito y Raymond Wong haciendo de alivio cómico. Víctor nos da sus impresiones en el podcast de rigor. Hasta mañana!

This is the final MashTalk to feature Christina Warren -- AKA C-Mac, AKA Film_Girl -- as a host. Don't worry, MashTalk will continue. Christina loves you all very much and wants to thank the listeners for their patronage and awesomeness over the years. She also wants RayRay, Lance and Pete to know how much she loves them. But don't fret, it's not all sad. C-Mac, Raymond Wong and Pete Pachal settle in to talk about everything happening in the world of tech. The gang kicks stuff off with a disccussion about the latest iPhone rumors (2:00). This inevitably leads into yet another discussion about the headphone jack (RIP) and what kind of earbuds Apple might package with the device this fall (10:00). After the iPhone talk, discussion moves onto the other Apple product rumored for a big update, the MacBook Pro (16:45). The gang discusses the rumored design decisions, the ubiquity of USB-C and how much dongle hell we'll all be in. Too bad we're not expecting to see the new MacBook until October. Moving on, Ray talks about his experience with the Dlodlo VR headset (30:00). It's thin, light and only a little bit dorky looking. OK, it still looks really nerdy. Christina's not sure that any third-platform (let alone one from Kickstarter) is going to make waves in VR but Ray is hopeful that this thing encourage other manufactuers to make sleeker gear. Pete's not convinced VR will ever be a thing we wear all the time. Finally, the gang discusses the GIF-ban on the Olympics (38:00) and how the Internet has gotten around it anyway. The New York Times' approach with swimming animations is really smart. Everyone basically agrees that even though the rationale for NBC might make sense on paper, trying to stop the GIFs is just futile.        

Raymond Wong is the CEO of Nexus Mega Carriers, part of the Giga Shipping group, which manages the shipment of vehicles from ports to clients. He spoke with The Prospect Group about remaining competitive in Malaysia, increasing fleet size, and using new technology to be more efficient.

ESWS 140 - Chinese New Year 2013 Podcast episode 140 ES: I LOVE HONG KONG 2013 [2013我愛HK 恭囍發財], HOTEL DELUXE [百星酒店], JOURNEY TO THE WEST: CONQUERING THE DEMONS [西遊．降魔篇] WS: n/a Video: n/a It's the Year of the Snake and Kevin and slither through our thoughts of the three new Chinese films released for the lunar holiday. Up first is the third incarnation of the holiday franchise produced by TVB, I LOVE HONG KONG 2013 [2013我愛HK 恭囍發財]. Next we turn to the Happy Ghost himself (Raymond Wong) as he breaks from his traditional All's Well, Ends Well franchise to bring us HOTEL DELUXE [百星酒店]. Finally, is the long awaited film from director Stephen Chow as he returns to the literarcy classic featuring the Monkey King with JOURNEY TO THE WEST: CONQUERING THE DEMONS [西遊．降魔篇] Show notes and details can be found at our main website. visit us at www.kongcast.com or email us at eastscreen@gmail.com As always, thanks for listening!

ESWS 128 - Bananas is Pyjamas Podcast episode 128 ES: LOVE IS... PYJAMAS [男人如衣服] WS: RUBY SPARKS Video: n/a For episode 128, Kevin and I inspect the latest film from Vincent Kok LOVE IS... PYJAMAS [男人如衣服]. Then Kevin takes a look at narrative come to life in RUBY SPARKS. In news, we look at Stephen Chow's joint venture to create a theme park. Veteran film persona Raymond Wong gets a stock listing, and Ann Hui's experience being robbed in Wuhan. Show notes and details can be found at our main website. visit us at www.kongcast.com or email us at eastscreen@gmail.com As always, thanks for listening!

Want to hear from a man who plausibly has more data on commercial real estate than anyone in Canada?In the studio this week Matt and Rod, (Cory didn't survive the William Wright Whistler weekend), welcome Raymond Wong of the Altus Group to look behind the numbers on what has happened across Canada in 2022. Raymond unpacks what asset classes are selling, what are not, and what is set to rebound. You might be surprised with his answers on what Canadian cities have outperformed their counterparts and what cities are set for a big 2022. Raymond debunks all the myths and unlocks the data for only our VCREP listeners.  

So many commercial real estate deals happen off the MLS. So, where do investors go for detailed market data and what can it tell us? Raymond Wong from Altus Group sits down with Cory & Matt to detail why Altus is a one stop shop when it comes to data and research in the world of commercial real estate across Canada. How does BC stack up against other commercial real estate markets across Canada? How have a number of the key BC commercial markets performed during Covid in relation to other markets? And what does the future look like across multiple BC markets and asset classes based on current trends? Knowledge is Power, as they stay, so best to grab your notebook for this one!