Coronavirus to drive more Australian homes into foreign hands
A looming housing market plummets and weakened Australian dollar could increase more foreign residential real estate buyers, as property agents reach out to overseas investors to offset losses, reports Realestate.com.au... Read more >
Most brokers anticipating lower incomes during COVID-19 pandemic
Nearly 60% of Canadian real estate agents expect the ongoing COVID-19 outbreak to reduce their incomes, reports Mortgagebrokernews.ca (1 April 2020). However, international real estate portal Juwai.com found 69% of... Read more >
Real estate prices set to drop before recovery
Residential property prices have a gloomy outlook this year but there are signs showing that recovery could happen by 2020, according to property tech firm Juwai IQI, reports Bangkok Post... Read more >
Coronavirus driving agents earnings down worldwide; Juwai IQI Market Intelligence 2020 survey
According to the first international survey by Juwai IQI of real estate on the impact of the coronavirus outbreak, over 80 per cent of residential real estate agents around the... Read more >
Hongkongers relish picking up overseas properties on the cheap as currencies slump amid market stampede
Hongkongers are looking to buy global properties on the cheap as the Hong Kong dollar which is pegged to the US dollar strengthens due to emergency rate cuts which have... Read more >
Thailand's condominium sector headed for 10-year low as Chinese buyers disappear amid outbreak
The postponement of new launches and discounts on unsold units has contributed to a decline of Chinese buyers for Thai condominiums, reported South China Morning Post (24 March 2020). The... Read more >
Western Australia's property market holds strong during COVID-19
Western Australia's property market remains strong despite the spread of COVID-19 in the country, stated a report in Realestate (23 March 2020). According to Lily Chong, a real estate agent... Read more >
'If Chinese buyers can buy, they will' despite COVID19 delays
Asian foreign investors are still eyeing property in Queensland although the coronavirus outbreak may delay transactions, according to a news report in Realestate (19 March 2020). Prior to the outbreak,... Read more >
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Chinese pay attention to numbers when considering home purchases
Knowing the implicit meanings behind numbers will serve as an important tool in accessing Chinese culture and help you understand your Chinese customers better. Beliefs in lucky and unlucky numbers are often...
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How Chinese enclaves became cultural hubs in Australia
From a haven for new migrants to an attraction for tourists, Chinatowns are now a cosmopolitan bridge between Australia and Asia Chinatowns exist in most Australian states and territories, especially in...
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How to sell property to Chinese buyers
Chinese buyers are now the fastest growing segment of real estate buyers globally as they seek out destinations that offer an attractive way of life, immigrant investment and educational opportunities. However, cross-border...
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10 things you need to know about gift-giving in China
Whether you want to give a present to a Chinese customer for the holidays, or just to build a relationship, bear in mind that there are some things to never gift a...
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