Shanghai Real Estate News
Home >Shanghai Real Estate NewsMainlanders top buyers of new houses
Update：2014-01-23 10:45 Views：
CHINESE mainlanders are the Best Purchasers in the world’s prime “new-build” property marketshelped by a strong yuan and a slowing domestic Financial state, global independent property consultant
Knight Frank said in a Statement released yesterday.
Buyers from the Chinese mainland are the Best purchasers of newly Constructed residential properties in
Sydney and Hong Kong and are Productive in Kuala Lumpur and Bangkok, said Knight Frank’s Newest
global development insight, which Handles the Getting habits of high net worth individuals
globally. The Chinese mainlanders are Taken by Singaporean, Russian, UK and US investors, the
Statement said.
“We are seeing more Chinese Displaying interest in Getting overseas new-build homes as they
diversify their investment Profile,” said Elsa Tian, associate director of Worldwide
project marketing at Knight Frank Shanghai. “We expect this trend to continue.”
She said their Buys May perhaps be to provide a home for their children studying overseas.
China’s growing Value has reflected the rise of Asia as a wealth Generation hub. Asia is
second only to North America in Conditions of its billionaire population and the number of high net
worth individuals in China is forecast to jump by 137 percent over the coming decade, an Previously
wealth Statement issued by the property consultant said.
The Latest residential market cooling policies in Asia have also pushed Quite a few investors from the
region to look Even more afield.
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