Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Buyers from China “dominate” the luxury segment of Vancouver’s red-hot housing market, according to new data from prominent B.C. real estate company Macdonald Realty Ltd., which says mainland Chinese buyers in 2014 accounted for 70 per cent of the firm’s transactions of high-end Vancouver homes over $3-million. Read more>>
Melbourne estate agents Hodges are using the lure of rising foreign buyer appetite to encourage residents in the south-eastern suburbs to think about putting their homes on the market.
A letter sent to a resident in Caulfield South and forwarded to the Australian Financial Review says that property prices in Caulfield are “booming” and that one of the reasons the market is so strong is “because there are many foreign buyers looking to purchase property in the Caulfield area”. Read more>>
Mainland China’s largest property management firm Colour Life reported solid earnings growth in the first half, despite increasing competition from other developers entering the growing property services market. Read more>>
This year has been a busy but rewarding one for Tom Cheung Ling-fung, the chief executive of Hui Xian Asset Management, the manager of Hui Xian Real Estate Investment Trust.
Last month, Cheung was named one of the top 10 persons of the year in China’s retail industry. Read more>>
Tune in again tomorrow for more news, and be sure to follow @Mingtiandi on Twitter for more news as it happens.