CHINA-ECONOMY: JAPAN
In addition to Chinese investing in properties and real estate in the US, UK, Canada and Australia, in the first three months of 2015, Japan has emerged as another investment destination. The sale of Japan's residential property to Chinese buyers rose 70% to around US$908 million, according to statistics from Taiwan-based Sinyi Real Estate. Out of every 100 apartments sold in Japan, 10-15% are sold to foreign investors from Asia. Chinese buyers are reported to be attracted by easy loan procedures and low interest rates. Down payments on houses in Japan are also as low as 10%, and the investments generally draw a stable return from rent. |