Author: Adam

Picky Chinese invest smartly in overseas residential units

According to Juwai.com, an online service offering information on overseas properties toChinese mainland buyers, Chinese real estate investment outside China has grown from $5billion in 2010 to $52 billion in 2014, and is set to reach $220 billion by 2020.

Property bounce hides weakening market

A survey of realtors in China, the US and Australia — commissioned by property portal Juwai — found 55 per cent forecast more buying from Chinese clients, with just 10 per cent suggesting there would be fewer than last year. Juwai chief executive Simon Henry said serious falls in the Shanghai and Hong Kong stock markets meant more Chinese ­investors were considering buying property.