Feb

10

Back on Track, from anonymous

February 10, 2014 |

 It seems commercial construction in Sydney is picking up again as Chinese money is arriving. Apparently it appears they are just scratching the surface.

Side Note: an apartment in the middle of a Chinese area in the middle class north shore of Sydney had 16 registered ethnic Chinese buyers and sold for a million. It seems there's plenty of fire in that dragon down under… or I should say buck in the horse.

David Lillienfeld writes: 

I'm hearing from friends that the Singapore construction market is bloated at the moment. Might that money now be going to Australia? And is that money flow into Sydney indicative of problems developing in China and everyone who can is getting their money out?


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