Currently browsing tag

Property

Rich Chinese pouring billions of dollars into Asian real estate

THE ACCUMULATION of private wealth has rocketed in China in the decade following the global financial crisis, thanks to a strengthening economy and successful stimulus programmes. Between 2016 and 2017, China added 106 billionaires to its ultra-high net worth population to hit a total 373 billionaires – a growth rate of two …

LGBT Chinese are making a beeline for Thai properties

THAILAND is seeing an increasing number of Chinese property buyers who identify as lesbian, gay, bisexual or transgender (LGBT). According to Bangkok Post, the LGBT Chinese look to Bangkok and Phuket to buy condominiums to live in as they feel more welcome in these cities. Carrie Law, chief executive of Juwai.com, …