Niche market

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‘If Chinese buyers can buy, they will’ despite COVID19 delays

first_img St Lucia Manor, 118 Hawken Drive, St Lucia. Photo: Supplied“Chinese buyers are being more cautious, but they haven’t dropped off,” he said.“With the stockmarket being so volatile, this gives mums and dads a safety net to have money in real estate.”While inquiries remain strong, the company admits the situation is not without challenges, with travel and other restrictions making transactions difficult. “Over the past month we have had plenty of online inquiries from Chinese people, but much less of a presence than usual at open for inspections, developer sales suites and auctions,” he said. MORE: Cheapest mortgages in history for Aussie homeowners Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow much do I need to retire?00:58 Palmer wants special pontoon permission International students arriving from Asia via Brisbane International Airport early this month. Asian property demand here is partly driven by a desire to house young adults during their education.Foreign investors, especially Asian buyers, are still hungry for property in Queensland, despite coronavirus restrictions delaying transactions. Juwai-IQI, a Chinese global proptech group, shows Brisbane to be the third-most popular city in Australia for Chinese buyers, after Melbourne and top-ranking Sydney. center_img Prior to the coronavirus outbreak the company, which has a focus on new development properties, forecast that buyer demand from this demographic would continue to grow. Juwai IQI executive chairman Georg Chmiel said in 2019 Chinese buyers made 8.9 per cent more inquiries about Australian property than the previous year. “It is impossible to know what will happen with the market over the coming months. Yet this much is certain, if Chinese buyers can buy, they will. They like Australia. They like Brisbane. They want to invest here and to live here.” Brisbane property developer Emil Juresic of NGU Corp, who is selling a $4 million-plus home at 118 Hawken Drive in St Lucia said that 80 per cent of the more than 250 people who attended the recent open home were Chinese. Agents said 80 per cent of the more than 250 people who attended the recent open home for 118 Hawken Drive, St Lucia, were Chinese.Mr Chmiel said the company was working with buyers to help to facilitate transactions in alternative ways, such as sending and signing contracts over email. “My advice to anyone selling a home right now is to do as much online marketing as possible,” he said. “Try to reach overseas and local buyers using online tools that won’t be affected by travel bans or quarantines.” More from newsCOVID-19 renovation boom: How much Aussies are spending to give their houses a facelift during the pandemic3 days agoWhizzkid buys almost one property a month during COVID-197 days agoMr Juresic said he had not seen a drop in inquiries for property since the outbreak.“We are still taking phone calls and doing as many private inspections,” he said.“Buyers are still coming and people are still looking at houses; this has been our strongest month.” Leading property experts are warning investors and homebuyers to determine quickly whether a property is likely to make it to auction in the current market. Real Estate Buyers Agents Association president Cate Bakos said with global restrictions on COVID-19 moving rapidly, there was a high chance vendors could start choosing to “take the money and run”, preferring to accept early offers rather than risk seeing how many buyers turn up at auction. “On the flip side, smaller auction crowds can present significant advantages to buyers looking to negotiate with less competition,” Ms Bakos said. FOLLOW US ON FACEBOOKlast_img read more

Which BH Player will sign a Contract with the Italian Club by 2021?

first_imgAlthough the season is already in a full swing in Italy, a football player of the National team of BiH confirmed that he has signed a new contract.Rade Krunic, the football player of the National team of BiH, will not have to think about the future until 2021.Krunic will stay in Empoli, and this information was confirmed by the Italian club on its official Facebook page. Our representative is wearing a jersey of this club since 2015.Krunic himself confirmed the extension of the contract on his Facebook page.“This is the answer to all of those who said that I played poorly because I wanted to leave Empoli. After this signature, I do not need to tell you anything more. For me, it is a great pleasure and honor to play for Empoli and I will fight to make a return to Serie A with my team,” stated Krunic.(Source: faktor.ba)last_img read more

Fiorentina 1-1 Tottenham Hotspur: Mauricio Pochettino’s men held in Florence

first_img Fiorentina 1-1 Tottenham Hotspur: Mauricio Pochettino’s men held in Europa League last 32 Tottenham will take a valuable away goal back to White Hart Lane after drawing 1-1 at Fiorentina. It was the first leg of the Europa League last 32 and Nacer Chadli’s first-half penalty was cancelled out by Federico Bernardeschi in the second period. Mauricio Pochettino will be pleased to return to north London on level terms, with the second leg taking place next week. After a quiet start in Florence, the hosts nearly took the lead through Polish midfielder Jakub Blaszczykowski – on loan from Borussia Dortmund – but Toby Alderweireld made a good last-ditch block.Christian Eriksen went close as his dipping strike was tipped over the bar by Viola shot-stopper Ciprian Tatarusanu.Star man Dele Alli was lucky to still be on the pitch after half an hour when he appeared to kick his opponent who was on the floor, with the 19-year-old escaping with just a booking.With the half-time whistle just moments away, Spurs full-back Ben Davies was fouled in the box and the referee had no choice but to award the spot-kick, which Chadli successfully converted.Pochettino’s men nearly doubled their lead two minutes into the second half as Heung-Min Son headed home Eriksen’s cross, but it was ruled out for offside.Son went close again as he was teed up by Alli, flashing a shot just wide of the target.The Serie A side were back on level terms just before the hour as Bernardeschi’s 20-yard shot deflected off stand-in captain Ryan Mason. It sailed out of the reach of goalkeeper Michel Vorm, in for the injured Hugo Lloris.Matias Vecino nearly put the home side in front as Vorm patted away another shot and former West Ham attacker Mauro Zarate flashed a looping volley just past the post in injury time.Alli was brought down in the box in the final quarter of an hour, but referee Felix Zwayer stood firm. Nevertheless, the Argentinian boss will be pleased to take a level scoreline back to the lane. 1last_img read more

19 plan to increase benefits spend in 2016

first_imgAround a fifth (19%) of employer respondents plan to increase spend on employee benefits over the next 12 months, according to research by Aviva.Its Working lives report, which surveyed more than 1,000 employers and 4,000 employees in the private sector during the first quarter of 2013 and the first quarter of 2016, also found that 25% of organisations with more than 250 employees intend to increase their benefits spend.The research also found:Around a third (62%) of employer respondents intend to maintain the amount they spend on workplace benefits over the next year.18% of employer respondents are concerned about keeping up with employees’ pay and benefits package expectations, compared to 13%More than half (56%) of employer respondents offer employee benefits to support staff attraction and retention, compared to 44% in 2013.Almost two-thirds (64%) include employee benefits as a key element of their annual strategic planning.67% of private sector employee respondents are happy with the impact of work on time spent with their family, up from 53% in 2013.More than half (56%) of employee respondents in the private sector are happy with the impact of work on their health. This compares to 45% in 2013.25% of employer respondents that have gone through auto-enrolment cite the modernisation of their pension scheme as the biggest effect of the process, while 20% say the biggest impact is the ability to provide better pensions for staff.Almost a third (61%) of employer respondents agree with making the workplace the focus for automatic pension savings, compared to 58% in 2013.Andy Curran, managing director of corporate and business solutions at Aviva, said: “This report paints a very positive picture of the workplace in Britain on the whole, and it is pleasing to see that, with confidence improved since 2013, businesses are again looking to invest in their workplace benefit packages.“Additional benefits are a great way to attract and retain skilled employees and increased investment gives a clear indication that employers are again looking to expand, rather than just survive.“Auto-enrolment has played a major role in that and it’s good to see that those which have been through it are reporting positive experiences. For employers, the journey may not have been as smooth, especially for those smaller businesses with limited resources. But auto-enrolment is encouraging millions of people to save for their futures and the work businesses of all sizes are doing to support it is very encouraging.”last_img read more