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US Developers Marketing Property to Mainland Chinese

Category: Real estate, Posted:25 Apr 2009 | 15:51 pm

A Beijing property exhibition has attracted 76 US property developers looking to move product despite the economic downturn and severely depressed domestic housing market. With more then 7000 prospective clients, over 500 of them signed reservations for units. The Chinese buyers said their primary motivation was for investment and also possible migration to the US at some later date.
One attractive aspect of the market is that financing in many cases is still available for international buyers. Unlike Thailand where limited leveraging is available and foreign ownership of units restricted to freehold condos or leasehold units. As more markets start to turn their eyes abroad to attract property players, the playing field is becoming more and more crowded and competitive. It remains unknown how the present Thai government is going to react to continued depression of the real estate sector but given declining domestic demand, the country needs to recognize the importance of foreign investment.

Other News

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New Khao Lak And Phang Nga Report from C9 Hotelworks

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Two Great Virtual Online Hospitality Events This Week

Category: Tourism, Posted:23 Nov 2020 | 10:11 am It’s a busy week for C9 Hotelworks and Delivering Asia Communications web series on hot travel markets and emerging trends. On Wednesday 25th November  is Hostels + Hybrid Hotels. Dig the vibe and dive deep with an eclectic set of experts from across Asia and Europe. One clear sign of pandemic travel resurgence is millennials, groups […]
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Khao Lak And Phang Nga Market Update Next Week

Category: Tourism, Posted:18 Nov 2020 | 10:06 am C9 Hotelworks and Delivering Asia Communications hit to the road north of Phuket with a special Khao Lak and Phang Nga tourism and hotel update. The one-hour event will be held on Thursday 26th November, 2:00 pm Bangkok | 3:00 pm Singapore/Hong Kong. Register free at the following LINK. This special offering is a view […]