Singapore and Hong Kong buyers set to underpin Sydney’s prestige market
“Buyers from two of Asia’s prominent global cities will help to propel Sydney’s residential and commercial markets into 2022, according to Ric Serrao, Principal of Raine & Horne Double/Bondi Beach and Raine & Horne Commercial Bondi Junction.”
“We will see a spike in listings as the market and the weather heat up, but as there is so much buyer demand locally and from overseas, again, I only see values rising,” he said.”
“The only possible market handbrake would be if the banking regulator jumped in as it did a few years back and tightened lending. But it would be a courageous government that allowed that situation to happen again.”
