A website which steers Chinese buyers towards overseas real estate agents says it has seen a huge increase in cashed-up Chinese wanting to buy in New Zealand.

 

Westcoast Treetops Walkway and Cafe, New Zealand
 

A year ago, New Zealand was the tenth most popular country for Chinese property investment. This year, New Zealand had jumped from tenth to fifth - climbing countries such as Malaysia and Germany - in a year-on-year chart of where Chinese were pursuing offshore property. It has now jumped halfway up the list as its popularity surges. A quarter of all foreign buyers of New Zealand property are now Chinese. 
 

The statistics also showed 50 per cent of Chinese living in New Zealand were very happy here, a low figure here ascribed to the younger, more transient population here compared to more established Chinese diaspora in places like the US.

Property agencies believe that it is to be a trend and a consistent trend and an insight into future trends for Chinese investing New Zealand properties.

Please contact us in case of Copyright Infringement of the photo sourced from the internet, we will remove it within 24 hours.