Chinese property buyers face tighter rules as real estate agents go for broke in ‘Golden Week’

Cashed-up Chinese property hunters will be treated to helicopter rides and “money-can’t-buy” experiences when they flock to Australia next week, but higher taxes and tighter regulations have forced many of them to slash their budgets. Key points: About 6 million Chinese tourists will travel abroad during an...

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Dubai-based developer to promote 37,000 properties to Chinese buyers

Dubai-based prominent real estate developer Damac Properties has inked a deal with a Chinese property broker to promote its 37,000 properties in Dubai to Chinese investors. Beijing-based property broker 5i5j employs nearly 30,000 real estate sales professionals and boasts of “selling a unit every four minutes”. The deal...

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