Home sales fall as 600,000 jobs lost
April in Australia saw the biggest monthly decline in employment with a loss of 594,000 jobs. The Commonwealth Bank is the latest lender to model bearish house price falls, warning... Read more >
Malaysia remains a hotspot for Chinese home buyers
Malaysia is still an attractive destination for Chinese property buyers and the top five favourite locations are Kuala Lumpur, Johor Bahru, Malacca, Kota Kinabalu and Shah Alam, reports New Straits... Read more >
Opportunistic Chinese buyers rush to exploit plunging Australian house prices during coronavirus pandemic
Chinese buyers are buying Australian properties as house prices slump due to the Coronavirus pandemic, reports Propertynoise.com.au (13 May 2020). The median house price declined 10.2 per cent in Sydney... Read more >
Can Thailand's real estate market bounce back from COVID-19?
The COVID-19 pandemic may provide an opportunity for Thailand real estate developers and retailers to rebound stronger than before, reports ASEAN Today (13 May 2020). Analysts predict Thailand's real estate... Read more >
Property price on the rise in major markets, says PropertyGuru
The asking price for Malaysian residential property will rise despite the Coronavirus pandemic, reports New Straits Times (13 May 2020). In April, a nationwide study by property portal Juwai IQI... Read more >
Foreign investors headstrong on Aussie real estate
The Foreign Investment Review Board Annual Report shows mainland Chinese investment into Australian real estate in 2018-19 decreased to AUD6.1 billion, down by more than 50 per cent from 2017–18... Read more >
Foreign investment in commercial real estate soars
Investments by foreign buyers in commercial and residential real estate hit AUD87.9 billion in 2019 due to the low Australian dollar and high yields in the property market, reports Commercial... Read more >
Foreign buyers: Billions slashed from offshore investment in Victoria
Chinese investors were approved to spend AUD6.07 billion in 2018-19 on Victorian residential real estate, putting them behind purchasers from the US (AUD19.56 billion), Canada (AUD13.3 billion), Singapore (AUD9.8 billion)... Read more >
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