Good morning!
Does anybody have any experience with marketing Australian properties in Asia? I have a block of 4 units that I’d like to sell and I think that with the current Australian property market, it would be worthwhile to offer it to investors from Asia.
Any feedback or info on how-tos would be much appreciated.
Thank you. niniehi niniebear
have a look at gpfund.com they market into the china market properties here there are alot of individual marketers that take high end property from Australia into the asian market but they are market specific.
there rates are high so be prepared.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]
currently looking for up front money at 15% p/a pm me if you wishHi niniebear,
Where are these units located. What state. I have many buyers in asia looking for genuine opportunities – me included . Pm the details or email through and I can give you a call.
cheers
I Buy Property http://www.cashflowproperties.co.nz
Not sure why you need to to Asia to market them.
If they are well priced I have a dozen or so clients including myself who would buy them.
Post or email me more details and I can come back to you.
Cheers
Richard Taylor
Residential & Commercial Finance Broker
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Thank you all for your help.
Does anybody have any experience in marketing properties in Asia?
Richard Taylor & DLPP, I’ll email you with the details.
Best, NinieHi niniebear,
i have offices in Hong Kong , Singapore and India . What do you want to know? First point there are many Aussie rogues selling property for way beyond what it is worth. At the end of the process you want the buyers to settle
Costs are very expensive you need to be selling a lot more than 4 properties, no offence intended.
The asian market is all about perception, so the propeties are generally marketed in the foyers of 5 star hotels . The function rooms and meeting rooms are hired out , plus media advertising. There is no change out of $40K AUS and no guarantees of a sale.
Many of the purchasers from asia have studied here have relatives local etc, ie they have an affiliation with Australia and that is what attracts them to the advertising in the first instance.
I hope this is not a thought of ripping off offshore investors as this tarnishes every aspect of Australia. I am not suggesting it is , but i get very annoyed overseas when i see $500K properties in Gisbourne Vic that would not fetch $400K, it burns the market for everyone, that is a literal example.
Your best option would be to package a deal with some of the other post offers,
cheers
tony
Hi Tony,
Thanks for the response and advice. I’m just trying to sell some ordinary properties, at fair market value. Given the current market in Australia, I just thought it may make sense to try and access overseas markets.
Best, Ninie
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