The Chinese are coming!

The Chinese are coming!

The Chinese are coming!

China’s emerging middle class are buying up big in off the plan apartments in the Sydney and Melbourne markets. One investor in Sydney bought $13m worth of apartments in the Central Park development. It is not only the Chinese but also Malaysians and Japanese. Why? There are a couple reasons, many Chinese in particular hold 2 passports – a Chinese and oversea’s passport and therefore seeking a second home to invest in, and secondly restrictions in the Chinese property market are leading to investors looking elsewhere.


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