Sotheby’s International Realty has a strong presence in the Asia Pacific region with offices in Beijing and Hainan in China and an office in Hong Kong. There are also offices in Vietnam, Japan, Taiwan, India, Philippines, Thailand and New Zealand. In Australia we have offices in Sydney, the Gold Coast and Melbourne. In 2015 Sotheby’s International Realty will continue to expand in Asia opening offices in Macau and Shanghai in China, along with new offices in Singapore, Indonesia, and Brisbane and the Sunshine Coast in Queensland, Australia.
There are approximately 300 sales professionals in the Asia Pacific region at present. Melbourne Sotheby’s Realty has personal connections with individual agents in each of these offices. When your property is listed with Melbourne Sotheby’s Realty it will be emailed to every office in the Asia Pacific region, our contacts in these offices will then share the listing information with prospective buyers.
Australia’s stable economy, solid record of capital growth and laws that allow foreigners to buy new dwellings or developments make cities such as Melbourne and Sydney very appealing to off-shore investors. The appetite among foreign buyers, who are largely Chinese remains strong. According to Foreign Investment Review Board (FIRB) statistics, 12,025 real estate proposals were granted foreign investment approval in 2012-13, compared with 10,118 in 2011-12. Asia Pacific real estate investment momentum will remain strong in 2015, supported by the excess amount of equity capital and adequate debt financing for investors. In the wake of the recent free-trade deal with China, it is likely that more Chinese investors will be looking to Australian real estate in coming years.
Our presence in the Asia Pacific region is growing and our strong networks and personal connections in this region mean that we can give your property the widest possible exposure in order to maximize the selling price of your home.