Wednesday, 9 November 2016

Top 5 property destinations for Chinese investors

In the first six months of this year, $10.7 billion in capital outflows went to foreign property markets, with 84 percent of it going to five global gateway cities which have good infrastructure, according to the global property consultancy Knight Frank.

The US was the top destination for Chinese capital, attracting $5.1 billion, with 80 percent of the money heading to New York. Let's take a look at the top five property investment destinations.

No 1 New York

People enjoy the warm weather in Central Park in New York, Oct 18, 2016. [AbovePhoto/Agencies]

No 2 London 

A bus passes buildings with Big Ben in the background in London. [Photo/IC]

No 3 Hong Kong 

Fireworks explode over Victoria Harbor as part of celebrations of the Chinese New Year in Hong Kong, on Feb 9, 2016. [Photo/VCG]

No 4 Sydney 

The Sydney Opera House and Harbour Bridge can be seen behind giraffes as they eat leaves shaped into the number 100 during centenary celebrations at Sydney's Taronga Zoo, Australia, Oct 7, 2016. [Photo/Agencies]

No 5 Melbourne 

Kite surfing on the beach in front of the skyline in Melbourne. [Photo/IC]

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