Chinese residential property demand looks grim in Singapore, with housing prices sliding four consecutive quarters due to stringent cooling measures, reports OPP Today (25 February 2015). However, Chinese demand in Australia is balanced, while Vietnam’s outlook is brighter, says Juwai.com Co-CEO Andrew Taylor. Australia is currently in a quandary as it struggles to balance the misgivings of foreign real estate investment with the benefits it brings, such as keeping housing prices low and creating new supply. Rising Chinese interest in Vietnam, which was once conservative, is due to its recently passed pro-investment laws, which allow foreigners to buy more properties in hopes of attracting more overseas investment.
