Despite tougher capital control for Chinese buyers, consumer overseas website TheMoveChannel.com saw a 25 percent rise in traffic from China, reports OPP Today (25 May 2017). A recent survey by Juwai.com revealed that only one in four Chinese buyers consider transferring money overseas as their biggest challenge. Survey findings also showed that 77 percent of Chinese respondents want newly-built properties. According to , “Nearly twice as many respondents prefer new homes than existing or second-hand property. They feel that new property is easier to manage, of more dependable quality and cheaper to maintain than existing property," said Charles Pittar, CEO of Juwai.com. "If you don’t understand your buyers, you are not going to be as successful with them,” he adds.
