Developers still going to China, but demand down 40pc

The founder of Australia’s biggest off-the-plan marketing website says the claim that local developers have abandoned the Chinese market due to a lack of appetite is completely untrue.

“The idea that the market in China for Australian projects is over is not just an exaggeration, it’s just plain wrong,” said Jon Ellis, managing director of selling platform Investorist, which connects developers with selling agents and currently lists about 215 mainly East Coast projects.

 

Read the full article here.

This article was first published by Australian Financial Review on August 30, 2017.