Construction Maison

After a UBS housing report pointed to as many as one in four homes owned offshore by mainland Chinese buyers being kept empty, and a further quarter used on a "temporary" basis, experts have been quick to say the results do not apply to Australian real estate . Among the naysayers is Jane Lu, head of Australia for Chinese international property site Juwai . She said there was "no hard data" and called the idea of vacant apartments held by offshore buyers as an "urban myth". "Most Chinese buyers of inner- city apartments are not so wealthy that they can afford to leave their property vacant ??? rather than renting it and earning some sort of income. There are some who do not live there full-time, because it is their second home. " Chinese investors are no more likely to turn down easy rent money than are Australians ... Australian second-home owners probably have more vacant properties in Ballina and Byron Bay than Chinese investors do...

Friday 18 August 2017 Article by Ben Tosi Professional opinions are divided over the future of Melbourne™s highly sought-after apartment market after a number of economists offered up their growth predictions for the next 12 months. The median apartment price in Melbourne grew by over $20,000 in the year leading up to June 2017, but there is very little consensus over apartment prices for the next 12 months. Real estate publisher , Domain, asked five economists how they thought Melbourne™s property market would react to record growth over the past year, with three economists expecting prices to fall by as much as 5% but two agreeing that prices will continue to grow at a rate of 5-10%. AMP Capital chief economist Shane Oliver told Domain that APRA™s tightening regulations on interest-only loans would result in a drop in investment activity bringing apartment prices down. œThis, along with a surge in the supply of units, will likely result in falls in unit prices and a slo...

By Diana Hubbell Travellers have long looked towards Asia – with its shimmering azure waters and near-limitless selection of palm-fringed white-sand beaches – in their search for paradise. Intrepid hippies put the area on the map as a tourist destination in the 1960s. The intervening years, meanwhile, have seen rustic bamboo beach shacks edged out by a growing phalanx of upscale hotels and resorts. Indeed, these days it is just as likely to be high- powered investors making for the region’s resort destinations as singlet-wearing backpackers and other holidaymakers.   Countries such as Thailand, Vietnam, Indonesia, Cambodia and the Philippines, can ably cater to the most demanding of buyers, with sumptuous properties ranging from secluded island hideaways to palatial residences with easy access to first-class restaurants and highly developed transport infrastructure . MORE: The Mediterranean is still the dream second home for wealthy Asianssztbauwa Investors who are as keen on po...