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Australia’s already hot property market could hit new highs when borders reopen

New analysis from Asian real estate platform Juwai IQI shows that while some capital cities have experienced double-digit price growth on the back of record stimulus, their experience has been ‘mild’ in comparison to overseas. “In Australia, owners have benefitted from significant increases in value. The higher prices make it harder on buyers, but they need…

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First-time homeownership is top priority for real estate industry in Budget 2022 – Juwai IQI

Real estate technology group, Juwai IQI said the top priority for the Malaysian real estate industry in the upcoming Budget 2022 is to focus on supporting first-time homeownership. Group co-founder and chief executive officer, Kashif Ansari said based on its recent survey, real estate agents across the country would like to see more focus on making…

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Mainland Chinese investment in Australian real estate surged by 16%

Mainland Chinese investment in Australian real estate surged by 16% according to the latest data from the governmental Foreign Investment Review Board. Chinese invested AU$7.1 billion in Australian residential and commercial real estate in the year 2019-20, up from $6.1 billion a year earlier. Including Hong Kong, Chinese investment totalled $9.5 billion. “Australia depends on foreign investment…

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