In a bid to promote Cairns to the Asian market, RE/MAX sales agents Mat Foley and Yulia Lu will go to a real estate conference in Singapore next month, reports the Cairns Post (24 June 2015). The agents from the far North of Australia said Chinese buyers represented a “tremendous” new market opportunity for property sellers. Mr. Foley added that Juwai.com’s data showed 60% of wealthy Chinese had emigrated, or were seriously considering emigrating overseas; 64% were already engaged in overseas investment or immigration and 85% wanted to educate their children overseas. [This article is available in print only].
