May 19, 2023

Chinese investors fuel rebound in apartment sales


In the first four months of 2023, demand from Chinese investors for completed apartments in Sydney and Melbourne has been greater than demand over the entire 12 month period of 2022.   

Foreign investment is expected to grow more strongly in H1 2023 after China decided to open its borders in January. The Asian Association for Investors in Non-Listed Real Estate Vehicles (ANREV) Investment Intentions Survey 2023 showed that the residential sector had become the most preferred sector, with Sydney and Melbourne being the top two destinations for investment in the Asia Pacific region.

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