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Saturday, September 26, 2009

Looking Down Under: Opportunities to invest in Western Australia

The current economic downturn and unsteady foreign exchange have opened doors of opportunity for investors to invest in the property market overseas, particularly in Down Under.

Raine and Horne senior partner Michael Geh said one ideal place to invest now was Western Australia where the “property are a good bargain as their prices are rising.”

“It is the right time to make a choice investment overseas, particularly in the Down Under market,” he said.

To promote such sales, Raine and Horne is co-hosting a four-day preview of the property available in the Australian market with an Aussie based Original Property Brokers (OPB) beginning tomorrow.

The preview will be held at 14, Penang Street.

OPB director Samantha Payne, a licensed real estate agent in Australia and Dubai, will meet prospective investors to provide advice and share information on Perth’s and Western Australia’s attractiveness.

“The future of the Australian property market and in particular Western Australia’s property market is extremely bright and seen by most as one of the optimum global places to invest.

“The reasoning behind this is the lack of housing — whereby demand far exceeds supply —brought about by the influx in migration, education, and conducive climate and probably the most important, the A$200 billion invested in the huge natural resources sector that are producing large employment growth,” she said.

Payne will also cover migration visa options, rapidly growing property market, finance options for investors and migrants, business and joint-venture opportunities, relocation services and education facilities and locations.

Geh said local investors could tap Raine and Horne’s vast network of affiliate offices in Australia for insider information to invest.

Interested parties should call Mac at 016-5685889 and Wan at 012-5288163 or email to make an appointment with Payne and her team.

By The Star (by

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