• Sun
  • Jul 13, 2014
  • Updated: 1:37am

Chinese Buyers

Auckland's market mystery

Reports of Chinese buyers snapping up large numbers of Auckland properties have been greatly exaggerated, according to a leading economist. Auckland is clearly the target for Chinese buyers. Recent sales data shows that 19 per cent of overseas buyers of property in the north island's largest city are from China, adding more fuel to an already hot market.

Wednesday, 5 June, 2013, 5:04am

Chinese art buyers shun smaller shops for major auction houses

Mainland Chinese make up a quarter of the world's fine art buyers, but this does not mean local art dealers have benefited. "Chinese buyers usually either buy at auctions or from the most reputable and best known dealers," said Sotheby's Asia CEO Kevin Ching.

27 May 2013 - 4:21am

Chinese shoppers ready to go out and spend more

Optimism about job prospects and personal financial status helped keep confidence high among mainland consumers, who showed a greater willingness to spend in the first quarter, a survey has found.

23 May 2013 - 4:45am

Prize racing pigeon sells for record €310,000 to Chinese businessman

Flying high above Europe's economic crisis, a lightning-fast pigeon named Bolt became the world's most expensive racing bird when his Belgian breeder sold it for €310,000 (HK$3.1 million) to a Chinese businessman.

22 May 2013 - 4:20am 1 comment

Rocks on a roll

China's burgeoning middle class is buying diamonds so quickly that the price of mass-market stones is rising faster around the world than for top-quality jewels affordable only to the super-rich.

3 May 2013 - 4:22am

Chinese buyers need to be educated on the ivory trade, says safari expert

A veteran safari guide from Africa says the only way to stop the illegal trade in elephant tusks and rhinoceros horns to China is by educating mainland buyers.

28 Apr 2013 - 7:25am

Vancouver eyes 'micro-suites' as Chinese buy up mansions

Vancouver's property scene, fuelled by Chinese migration and investment, has long been famous for the luxury homes that fetch eight-figure sums and help make it Canada's most expensive real-estate market.

26 Apr 2013 - 4:04pm 1 comment

In West Vancouver, a 13,000 sq ft mansion aimed at Chinese buyers

At the opposite end of the Vancouver market to the 297 square foot Balance "micro-suites" is a 12,998 sq ft mansion in Caulfeild, West Vancouver, with an asking price of C$23.8 million (HK$180 million). While Canada's tiniest flats are mainly being marketed to local first-home buyers and lower income earners, the Caulfeild estate is aimed squarely at Chinese buyers. Vancouver's most expensive listing features a two-storey library and a huge wine cellar built around the stone outcrops on which the home is built.

26 Apr 2013 - 11:38pm

Super-rich eye London's most expensive house

Wealthy Hong Kong and mainland buyers, who have been pouring their money into London's prime bricks and mortar, are now eyeing Britain's most expensive mansion. The house on Carlton House Terrace in central London has a price tag of £250 million (HK$2.95 billion).

24 Apr 2013 - 6:03am

Sun shines on Miami real estate sector

Like the tide that laps Miami, Florida's famous coastline, the property cycle in America's "sunshine state" does tend to ebb and flow. The difference is that with real estate, you can never pick exactly when.

24 Apr 2013 - 5:20am