is the largest asian developer in Australia

is the largest asian developer in Australia

Eight reasons Chinese residential developers have emerged as a major force in the Australian market: Kevin Stanley Wednesday, 13 February 2013 Home While the recent high level of Asian investment into the Australian apartment market attracts much publicity, much less is known about the impact offshore developers are having on the Australian residential market. Many are surprised to know offshore developers are now proposing or building 20,000 apartments across Australia, with Chinese developers second only to Singaporeans in the ranking of offshore sources. This provides offshore developers with close to a 50% market share in this Australian property development sector. But there is a link between the number of offshore developers and the high level of foreign purchases. Many Asian developers are marketing off-the-plan sales directly back into their home countries and citi...

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