Page 3 - Peter Li News Today

PropertyGuru Group (NYSE: PGRU) today announced the Winners and Highly Commended recipients of the 6th PropertyGuru Asia Property Awards (Australia), supported by sponsor Subzero Wolf and partner Realestate.com.au , among others. Australia’s ...

The awardees represent the growth and innovation that continue to drive the Australian property market, said Jules Kay.

New figures show that the tax office has approved more than 2300 international students to buy properties in Australia. Home Affairs Minister Clare O’Neil

The NSW Labor government has blamed surging population growth for the housing affordability crisis. More Australians are now living in a high-rise unit as cities become overcrowded.

A cluster of suburbs in Sydney and Melbourne are housing a higher proportion of new migrants following a surge in new overseas arrivals. Unit rents have soared by record levels.

Peter Li, the general manager of the Plus Agency which sells real estate to the Chinese, said prospective buyers now had to be shown homes by appointment in large groups.

The market impact of foreign buyers has been exaggerated. Pointing the finger at foreigners is a distraction from the main problem bedevilling Australia’s housing market – a severe shortage exacerbated by the lack of needed planning reform.

Why is the public largely indifferent to cruelty on farms? | China

Architecture studio Büro Ziyu Zhuang has completed the Longquan Mountain Observatory in Chengdu, which features sweeping, meandering roofs.

Chinese animal activists have saved 19 dogs from a grim fate at an illegal slaughterhouse in Yulin, right before the infamous annual dog meat festival.