Malaysia’s interest in overseas real estate, notably in Australia and the UK, has increased, supported by a weaker pound and a softer AUD (Australian dollar)
China’s “land kings” have recently been living up to their nickname by bidding and paying sky-high prices for land in the country’s top cities.
Singapore has raised taxes or so-called development charges (DC) on sites for commercial, non-landed residential and for hotel or hospital use.
With the end of the G20 meeting in Hangzhou, China has made its stamp not only as host but as a global economic force that can’t be ignored.
Improvements in global real estate market transparency have brought more focus to property as an investment class.
Since the renminbi shake-up last year, mainland investors have accelerated their acquisitions of property assets in both Hong Kong and further afield in the United States.