{"id":27135,"date":"2021-02-16T16:13:42","date_gmt":"2021-02-16T08:13:42","guid":{"rendered":"https:\/\/www.iqiglobal.com\/blog\/?p=27135"},"modified":"2026-01-09T16:14:57","modified_gmt":"2026-01-09T08:14:57","slug":"australia-crown-resorts-one-barangaroo-property-prices-could-fall-but-wealthy-owners-wont-care","status":"publish","type":"post","link":"https:\/\/iqiglobal.com\/blog\/australia-crown-resorts-one-barangaroo-property-prices-could-fall-but-wealthy-owners-wont-care\/","title":{"rendered":"Australia Crown Resorts One Barangaroo property prices could fall, but wealthy owners won\u2019t care"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><body><div class=\"domain-article-share-panel is-top\" data-sticky-id=\"0\"><\/div>\n<div class=\"domain-article-content-body domain-content-event-track\">\n<p class=\"first-para\">High-rolling buyers of the luxurious Barangaroo apartments owned by Crown&nbsp;are unlikely to be bothered if&nbsp;the casino no longer goes ahead, despite the possibility it could affect the value of properties, according to industry insiders.<\/p>\n<p>Questions have been raised over the potential financial impact the scathing Bergin report into Crown Resorts could have on its mixed-use building at Barangaroo, which houses a hotel, restaurants and residential apartments, after the inquiry found Crown was unfit to hold a licence for its new Sydney casino.<\/p>\n<p><strong><a href=\"https:\/\/www.juwai.com\/\" target=\"_blank\" rel=\"nofollow noreferrer noopener\">Chinese property portal Juwai<\/a> helped market the Barangaroo precinct to the Chinese market online two years ago. Founder and executive Georg Chimel said the recent developments would not detract buyers in the area.<\/strong><\/p>\n<p><em>&ldquo;Our experience with scores of Asian buyers suggests that the casino would have been nice and would have generated demand, but its delay or absence is no dealbreaker for the suburb,&rdquo; <\/em>Mr Chimel said, adding he expected price growth in the suburb in 2021 and beyond.<\/p>\n<\/div>\n<p><strong>Read the full article <a href=\"https:\/\/www.domain.com.au\/news\/high-rolling-buyers-unfazed-by-loss-of-casino-despite-expected-price-falls-1025562\/\" target=\"_blank\" rel=\"nofollow noreferrer noopener\">here<\/a>.<\/strong><\/p>\n<p><strong>Source: <a href=\"https:\/\/www.domain.com.au\/\" target=\"_blank\" rel=\"nofollow noreferrer noopener\">Domain<\/a><\/strong><\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>High-rolling buyers of the luxurious Barangaroo apartments owned by Crown&nbsp;are unlikely to be bothered if&nbsp;the casino no longer goes ahead, despite the possibility it could affect the value of properties, according to industry insiders. Questions have been raised over the potential financial impact the scathing Bergin report into Crown Resorts could have on its mixed-use&hellip;<\/p>\n","protected":false},"author":39,"featured_media":27144,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","postBodyCss":"","postBodyMargin":[],"postBodyPadding":[],"postBodyBackground":{"backgroundType":"classic","gradient":""},"footnotes":""},"categories":[472,220],"tags":[470,374,943],"class_list":["post-27135","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-au","category-latest-news","tag-australia","tag-press-en","tag-property-prices"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.1 (Yoast SEO v26.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Australia Crown Resorts One Barangaroo property prices could fall, but wealthy owners won\u2019t care<\/title>\n<meta name=\"description\" content=\"High-rolling buyers of the luxurious Barangaroo apartments owned by Crown\u00a0are unlikely to be bothered if\u00a0the casino no longer goes ahead.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/iqiglobal.com\/blog\/australia-crown-resorts-one-barangaroo-property-prices-could-fall-but-wealthy-owners-wont-care\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australia Crown Resorts One Barangaroo property prices could fall, but wealthy owners won\u2019t care\" \/>\n<meta property=\"og:description\" content=\"High-rolling buyers of the luxurious Barangaroo apartments owned by Crown\u00a0are unlikely to be bothered if\u00a0the casino no longer goes ahead.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/iqiglobal.com\/blog\/australia-crown-resorts-one-barangaroo-property-prices-could-fall-but-wealthy-owners-wont-care\/\" \/>\n<meta property=\"og:site_name\" content=\"IQI Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/IqiGlobal\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-16T08:13:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-09T08:14:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/iqiglobal-web-revamp.s3.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2021\/02\/shutterstock_1124195087-scaled-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Amir Asraf Lee\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@IQIGlobal\" \/>\n<meta name=\"twitter:site\" content=\"@IQIGlobal\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Amir Asraf Lee\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/iqiglobal.com\/blog\/australia-crown-resorts-one-barangaroo-property-prices-could-fall-but-wealthy-owners-wont-care\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/australia-crown-resorts-one-barangaroo-property-prices-could-fall-but-wealthy-owners-wont-care\/\"},\"author\":{\"name\":\"Amir Asraf Lee\",\"@id\":\"https:\/\/iqiglobal.com\/blog\/#\/schema\/person\/e09b60d989ede33c5891f18d445480ef\"},\"headline\":\"Australia Crown Resorts One Barangaroo property prices could fall, but wealthy owners won\u2019t care\",\"datePublished\":\"2021-02-16T08:13:42+00:00\",\"dateModified\":\"2026-01-09T08:14:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/australia-crown-resorts-one-barangaroo-property-prices-could-fall-but-wealthy-owners-wont-care\/\"},\"wordCount\":184,\"publisher\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/australia-crown-resorts-one-barangaroo-property-prices-could-fall-but-wealthy-owners-wont-care\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/iqiglobal-web-revamp.s3.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2021\/02\/shutterstock_1124195087-scaled-1.jpg\",\"keywords\":[\"Australia\",\"Press News (English)\",\"property prices\"],\"articleSection\":[\"Australia\",\"News &amp; 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