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Hong Kong hitting ‘peak exodus’. Experts say UK, Canada, and Australia winners of Hong Kong’s loss

Hong Kong hitting ‘peak exodus’. Experts say UK, Canada, and Australia winners of Hong Kong’s loss

Hong Kong peak exodus

Hong Kong hitting ‘peak exodus’. Experts say UK, Canada, and Australia winners of Hong Kong’s loss

Hong Kong's "peak exodus' has led to an influx of Hong Kong citizens flooding real-estate markets across the UK, Canada, and Australia. Besides, according to Knight Frank's The Wealth Report 2022, the top three locations Hong Kongers are hoping to purchase homes are the UK, Canada, and Australia. Derek Tse, business development manager of the…

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Where are Chinese property investors buying now? Why Thailand and Australia are booming, from Regal Azzura in Queensland to Bangkok’s The Livin Ramkhamhaeng

The newly released annual report by Australia’s Foreign Investment Review Board shows a significant drop in foreign applications to invest in Australian property. One surprise trend is that Queensland, accounting for 21 per cent of investment approvals, has risen in the popularity stakes to now rank second behind Victoria’s 37 per cent. Traditional front runner New…

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Juwai IQI: Strong oil and gas market lifts Malaysian economy in 2022

Strong oil and gas and higher commodity prices will bolster the Malaysian government’s balance sheet, leading to more infrastructure investments, which will directly correlate with gross domestic product (GDP) growth, said Juwai IQI group co-founder and group chief executive officer Kashif Ansari. In a statement today, Kashif said higher revenue would reduce the budget deficit, giving…

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U.S. Hike In Interest Rates Not Likely To Affect Malaysian Property Market In 2022

The United States Federal Reserve’s decision to lift interest rates poses a potential threat to economic growth in emerging market economies, Juwai IQI Co-Founder and Group CEO Kashif Ansari said. In a new analysis released by him, he suggests that, despite these challenges, Malaysia is well positioned for economic growth and an improving real estate market. He said…

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International searches go nuts for rentals across Melbourne, Docklands and inner city limits

Melbourne inner city markets hardest hit by Covid-19 are the most in-demand with international homeseekers looking for a rental, in a positive sign for investors. The number of foreign residents looking for a Victorian rental property increased 40 per cent in the March quarter compared to 12 months earlier, realestate.com.au figures show. Melbourne, Docklands and Southbank —…

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