You've successfully copied this link.
Quote of the Week: Chinese are choosing Australia in property hunt
By Juwai, 27 October 2013
"I had a Chinese investor walk up to me and say ‘Glenn I want you to find me a $50 million investment in Australia property."
Glenn Leet, Director of Integrity New Homes
Australia is still hot with cashed-up Chinese home buyers, and it seems that asides from Melbourne, Sydney and Brisbane, Coffs Harbour is also getting popular.
Juwai.com reported that interest in Coffs Harbour leaped 133% in August from January this year.
In fact, according to National Australia Bank research, foreign buyers have snapped up 1 in 8 new properties in Australia this year, which is up from 1 in 20 properties in 2011.
Glenn Leet, Director of Integrity New Homes, also experienced the Chinese demand first hand when he attended a property expo with Juwai.com in China recently.
Find out more on his experience, as well as useful Chinese property facts by reading the full article here.
Liked this article? Sign up for free to get Juwai Juwai Asia Market updates!
SIGN UP NOW