Thirty one percent of Australian development sites in 2018 were bought by Chinese developers who purchased $1.3 billion worth of Australian residential development sites in 2018. This figure was down from $2.02 billion in 2017, or one-third of all site sales.
According to International property consultant Knight Frank, the average value of residential property across 57 countries and territories worldwide increased by 4.9% in the year to September 2018, the index's lowest annual rate of growth for two years.
According to Singapore-based Edmund Tie & Company, private residential property prices in Singapore continued to increase in Q2 2018, with the Urban Redevelopment Authority (URA) private residential property price index increasing by 3.4 per cent quarter-on-quarter (q-o-q).
Based on a new study by China property portal Juwai.com, international Chinese property buyers are split by lifestyle when buying homes abroad. As Chinese international property buyers become more numerous and sophisticated, they are changing the way they evaluate and purchase overseas real estate.
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