There is no denying that Chinese buyers are clamouring for foreign real estate even with the government putting stricter capital controls in place. According to research from CBRE, outbound real estate investment from Asia was dominated by Chinese investors who spent USD 26.6 billion on foreign real estate in 2016. This accounted for 47 percent of all outbound real estate investment in Asia.
And while the Chinese government has tried to curb this activity, buyers in the country are still actively purchasing foreign real estate, with Southeast Asia proving to be a particularly popular destination.
“Despite recent policies by the government restricting Chinese outbound investment, there continues to be a steady flow of Chinese capital overseas as investors seek to diversify their portfolios,” Yvonne Siew, Executive Director at CBRE Global Capital Markets, said. “With more scrutiny on cross-border capital flows and rigorous checks by the government, which may lengthen the approval process, Chinese outbound real estate investment may moderate, gathering at a more sustainable rate.”
Introducing buyers to property in Southeast Asia
The Dot Property Show in Shanghai will look to connect Chinese buyers with the best properties from Southeast Asia and further afield. Located at Super Brand Mall, Shanghai’s premier shopping destination, the show will allow potential real estate buyers to see some amazing properties first hand and learn more about the opportunities available.
Shanghai is home to a large and rapidly growing number of high-net worth individuals who are looking to buy foreign real estate for a number of different reasons. Some are considering diversifying their investment portfolio while others are looking for vacation properties. There are also a growing number of buyers from China purchasing real estate to obtain visa privileges or provide their children with better educational opportunities.
Organised by Dot Expo, The Dot Property Show in Shanghai is the firm’s first foray into the Chinese market. The company’s most recent event, the International Property Show in Singapore, saw 11 developers turnout and showcase their projects to eager Singaporean real estate buyers. Leading developers from the Philippines, Malaysia, Thailand and Cyprus were all on hand.
The Dot Property Show in Shanghai will take place at the award winning Super Brand Mall from September 14 to 17. More than 12 developers from around the world are expected to take part at the show.
For more information, visit dot-expo.com
