Despite concerns about what will happen after the government’s stimulus measures cease, industry support and interest from Chinese buyers still exist. Iwan Sunito of Crown Group, a hotel developer, said: “It was originally thought that the market would fall sharply, but in fact February and March were the largest sales in the past two years.
It is actually a high-end market with a purchase price of four to five million yuan. Some come from China, some from Hong Kong and other places. Therefore, we think this is also related to the turbulent situation in Hong Kong, but to some extent, the New Corona Virus pandemic makes people think that Australia has always been a safe place. “
After easing more restrictions, the industry is also optimistic about further investment. Tim Lawless is the research director of data and analytics companies. He said that in the current economic situation, this is a very good result.
https://www.sbs.com.au/language/mandarin/zh-hans/audio/property-optimism-in-spite-of-coronavirus