China spent an impressive USD 101.4 billion for outbound real estate investment in 2016, according to Juwai.com, a property website in China. This is the first time that the country surpassed the USD 100th billion mark, with the United States maintaining the top position as the number one recipient of Chinese property investment.
Sue Jong, chief of operations at Juwai.com, told the South China Morning Post, “The 2016 total represented more than a quarter increase over 2015 and an 845 percent surge over five years.” Juwai.com forecasts that 2017 will be another great year for outbound investment but they expect the total to be lower than 2016 due to the mainland government’s implementations to control further outbound purchases.
Juwai.com expects South East Asia to become one of the strongest performers in 2017. The stable economy, the strong bond to the global supply chain, and the strategic location made South East Asian countries appealing to the Chinese market. The property website received an increase in queries for these locations by 26% in 2016.
“Current trends suggest that Chinese property investment this year will be on a par with the levels of 2015, at about US$80 billion. That would make 2017 one of the top two or three years in history,” Jong explained. “So while levels are lower than in 2016, they will still be extremely high by any standard.”
Top developers from the Philippines to showcase at The Dot Property Show Shanghai
According to the Juwai.com report, the Philippines is the second most inquired country in South East Asia with a 131.6% buyer inquiry on the first quarter of 2017. Because of this, top developers in the Philippines are eyeing on expanding their marketing efforts towards China.
With the blossoming interest for South East Asia in mind, Dot Expo is gearing up for The Dot Property Show Shanghai. Happening on September 14 to 17 at Super Brand Mall, The Dot Property Show Shanghai is the chance for local property developers to showcase their new projects to Chinese real estate investors.
Known as Shanghai’s top shopping destination, Super Brand Mall is the perfect location for the expo. Located in Pudong and surrounded by financial districts and with over 30 million annual visitors, there’s no doubt that this is the right venue to attract prospective buyers. Dot Expo is also teaming up with local PR teams in Shanghai to ensure more exposure for the event.
Top developers from the Philippines are excited for the event. Ayala Land Premier is said to showcase three of its newest projects: the Arbor Lanes in Taguig City, The Acloves in Cebu, and the Park Central Towers in Makati. Earlier this year, Ayala Land Premier won Best Developer Metro Manila award at the Dot Property Philippines Awards 2017.
Meanwhile, 62 Ongpin Manila Realty Inc. will be presenting their newest project, the Omni Gardens, a 41- storey tower designed by WTA Architecture and Design Studio, the country’s premier architectural firms.
Learn more about The Dot Property Show Shanghai contact [email protected] or visit www.dot-expo.com.
