One in every six new property sales in Australia is happening to a buyer from Asia, and that number is increasing.
Speaking to Property Observer at the recent ReMax Asia Pacific Summit in Hong Kong, Michael Davoren, Managing Director of ReMax Australia and New Zealand, said a significant amount of property is being purchased by Asian buyers.
"The volume of movement is significant and increasing," he said, adding that the major issue for those wishing to sell properties abroad is a technological one.
"One issue high on the agenda was technology. We discussed not only new systems but also which of the many portals are the most effective. This is all about improving the experience of our clients in all these countries."
Andrew Batt, International Group Editor of PropertyGuru Group, wrote
this story. To contact him about this or other stories email andrew@propertyguru.com.sg