I am currently hosting my business partner and a ex-ANZ colleague from Shanghai, Henry Moo, who is in Sydney for this week. Henry will be operating from our 2 offices in Hong Kong and Shanghai to tap into the enormous amount of investors and property developers coming out of China to invest in Australia. We are pretty excited by this and with 2014 Chinese New Year being the Year of the Horse it could also turn out to be a very good year for property investors. Inner City, within 10km’s, as well as suburbs located close to public transport, water views, and good roads, will continue to attract Chinese investors. Even if you can’t attract the Chinese to buy your property, experts believe 2014 will continue in strong fashion given low interest rates, shortage of housing in particular markets exists, and low unemployment remains stable. Happy Chinese New Year!
Happy Chinese Investor!