The sale of Little Projects’ Tip Top in Brunswick East saw good results over the weekend as a number of properties were signed and/or reserved on 30th June at the Australian property seminar in Shenzhen and Xiamen.
GiFang.com and its partered Chinese agent ASL were the co-hosts of the property seminars in what’s arguably two of the most wealthiest cities in China.
“Both Shenzhen and Xiamen are among the richest cities in China,” says Peter Ng, Group Finance Officer of ASL, a leading agency selling Australian properties in Southern China, “the market demand for high quality investment real estate in Australia has increased dramatically over the last 5-8 years.”
“Shenzhen and Xiamen are among the top 10 Chinese cities in earnings per head,” says Rachel Zhang, Director of International Investment at GiFang.com, “generally cities close to the coast are ones with savvy investors willing to invest into overseas. Most likely they or their family have the desire to migrate overseas too.”
Little Projects‘ Tip Top in Brunswick East consists of 6 stages (6 buildings), each released at a different period, with a number of stages already sold 100%. The advantage of Little Projects is that its investors can be reassured for quality property management, with Little Residential being the property managers to look after properties for Chinese clients.
“Our Landlord Live system is exactly what Chinese clients needed,” says David Tong, Asset and Property Manager at Little Residential, who has been managing investment portfolios for many Asian clients for close to a decade, “I believe the two important reasons why Little Projects apartments are hot in China is 1. the quality of property, location, and return on investment is fantastic, and 2. Chinese clients feel safe that not only we can manage the property for them while they are offshore, they can also log online to see their properties and regular inspection reports. This makes us as the leader in this unique market place.”