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Singaporean investors hungry for a piece of the Australian housing market
In glamorous five star hotels across Singapore every weekend, property investors are lining up to buy a slice of the Australian dream.
Cashed up investors are piling into packed presentations at venues such as the famous St Regis hotel about shiny apartments being built from Sydney to Melbourne. Newspaper ads spruiking waterfront developments are commonplace.
“Buy where the local Australians are buying,” says one ad in Singapore’s Straits Times.
Singaporean investors are being lured by a combination of new, prohibitive taxes on second homes in the island state, record low-interest rates, a strong currency and promises of attractive returns from Australian developers.
‘‘Singaporeans are hungry for Australian property,’’ says Adam Sparkes, director of sales at property developer Crown Group International, which has $3.5 billion in development sites across Australia. Read more . . .
By Eryk Bagshaw
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With over 4% of housing stock in major cities like Sydney, Melbourne, and Brisbane listed on platforms like Airbnb, Australia ranks among the most heavily penetrated STR (Short-Term Rental) markets globally.
But while this fuels the tourism economy, the impact on housing availability and ...rent prices is sparking debate. Unlike other countries with tighter STR regulations, Australia has relatively light oversight.
Drop your thoughts below! 👇
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🏗️ Exciting Construction Update on Dawn’s Progress!
🏡 Quality Craftsmanship:
Dawn’s fit-out showcases excellence in every detail. Our video highlights the remarkable progress of this apartment, emphasising the commitment to quality craftsmanship and thoughtful design. From ...foundation to finishing touches, no compromises have been made in creating a home that exceeds expectations.
🌴 Coastal Living at Its Finest:
Situated in idyllic Mermaid Beach, Dawn offers a lifestyle many dream of. Residents will have the privilege of enjoying the beach, golden sands, refreshing surf, and invigorating coastal walks right at their doorstep. Embrace the serenity and beauty of coastal living.
🛍️ Conveniently Located:
Mermaid Beach is a vibrant community with a wealth of amenities and attractions. Dawn is thoughtfully positioned near an array of dining, shopping, and entertainment options. From trendy cafes to world-class restaurants, Pacific Fair Shopping Centre to The Star Gold Coast, everything you need is within reach.
🪴 Thoughtful Design:
Dawn has been carefully designed to create a space that harmonizes luxury and comfort. The video showcases the sleek and modern kitchen, spacious living areas, and seamless indoor-outdoor flow. A testament to mosaics commitment in providing an elegant and inviting living experience.
🏊 Resort-Style Amenities:
Dawn will offer residents access to resort-style amenities, including a sparkling swimming pool, fully equipped fitness center, and beautifully landscaped gardens. These facilities enhance your lifestyle, offering relaxation, rejuvenation, and community connection.
🔨 Progressing Well:
Dawn is progressing beautifully, thanks to our dedicated team. Every aspect of this property meets the highest standards. In the video, witness the care and expertise that goes into bringing this exceptional home to life.
📞 Stay Updated:
To stay informed about the latest updates on Dawn, reach out to us. We will provide any information you need and keep you in the loop as this remarkable property nears completion.
#australia #coastalliving #Dawn #quality #queensland #brisbane #mermaidbeach #dreamhome #new
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