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17-04-2023, 06:51 AM
Daniel Ho, co-founder and group managing director of Chinese real estate portal Juwai IQI, recently claimed that for the first time, Australia is the most popular country for Chinese homebuyers as measured by enquiries made on the site since the beginning of last year.
“In January, Chinese buyer inquiries for Australian real estate surged by 24% compared to December, due to the announcement that (Chinese) borders would be reopening”, Ho said.
“At this rate, China will invest an estimated $3.2 billion in Australian residential real estate this year, which would be up from $2.4 billion in 2021-22″.
“With the inclusion of Hong Kong, China would invest $3.8 billion, which would be up from $3 billion last year”, Ho estimated.
“In January, Chinese buyer inquiries for Australian real estate surged by 24% compared to December, due to the announcement that (Chinese) borders would be reopening”, Ho said.
“At this rate, China will invest an estimated $3.2 billion in Australian residential real estate this year, which would be up from $2.4 billion in 2021-22″.
“With the inclusion of Hong Kong, China would invest $3.8 billion, which would be up from $3 billion last year”, Ho estimated.
