Australian property investment has seen a huge increase in recent demand from investors across the greater Asian region, in both the commercial and residential...

Australian property investment has seen a huge increase in recent demand from investors across the greater Asian region, in both the commercial and residential space. A survey by HSBC of greater than 7000 affluent individuals across seven Asian countries showed Australia is one of the most sought-after markets for overseas property investment, with more than a third (37%) of affluent Asians currently own an investment property overseas with many of them looking to invest further in the next 12 months. HSBC's research also found that Australia is currently the number one destination for offshore property investment among wealthy Indonesians, while Malaysians and Singaporeans ranked Australia second. For the rest of Asia, 9% of affluent Chinese, 10% of those from Hong Kong and 18% from India are currently invested in Australian property. There was no distinction provided between commercial and residential. See more at: (VIEW LINK)